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Brooks Laich Signs Six Year Contract With Capitals

ARLINGTON, VA. – The Washington Capitals have re-signed center Brooks Laich to a six-year contract, vice president and general manager George McPhee announced today. In keeping with club policy, financial terms of the deal were not disclosed.

“We are very pleased to have Brooks Laich continue his career as a Washington Capital,” said McPhee. “Brooks has excelled as one of the League’s finer two-way players and is just entering his prime. His combination of size, speed, versatility and leadership makes him a valuable part of our club.”

Filed in: NHL Teams, Washington Capitals, | KK Hockey | Permalink
  Tags: brooks+laich

Comments

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...dang…

Posted by Garth on 06/28/11 at 12:10 PM ET

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Awful year to have cap space…

Posted by Herm from the office on 06/28/11 at 12:15 PM ET

Da lil Guy's avatar

A lot of teams (and fans) thinking exactly those things!

Posted by Da lil Guy from Guelph, Ontario on 06/28/11 at 12:24 PM ET

Wings_in_NYC's avatar

Another player that won’t be a Wing. I’m bracing myself for the press conference announcing Draper and Osgood are both returning. Ugh. Lets sign Huds to an extension while we’re at it.

Posted by Wings_in_NYC on 06/28/11 at 12:30 PM ET

cs6687's avatar

Reportedly six years, $27 million. An annual cap hit of $4.5 million. Laich’s a good player, but that is overpayment.

Posted by cs6687 on 06/28/11 at 12:31 PM ET

Ajax19's avatar

Reportedly six years, $27 million. An annual cap hit of $4.5 million. Laich’s a good player, but that is overpayment. 

Yes, it’s a bit of overpayment, probably by about $0.5 - $1 million a year, but that’s to be expected given the cap increase and all of the money lying around.  Laich is a decent 2nd-3rd line guy.  He can chip in 20-25 goals and does a lot of other valuable things.  He’s the kind of guy the Caps need more of.

Posted by Ajax19 on 06/28/11 at 12:35 PM ET

Leo_Racicot's avatar

Comparables at center around the league:

http://www.nhlnumbers.com/players?position=Center&sort;=&year=2012

His salary puts him right around the Pavelski to Langkow range, seems reasonable on first glance.

Posted by Leo_Racicot on 06/28/11 at 12:41 PM ET

cs6687's avatar

I don’t doubt he’s a good player, but I’d really like to know how Washington ever plans to win a Cup when they refuse to make any big changes or take any gambles. This core has been together for four years now. It’s not good enough. They need to make a splash.

Posted by cs6687 on 06/28/11 at 12:44 PM ET

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You get the sense that Washington may do something drastic like Philly did if they don’t have success within the next year or two.  First two players I’d shop around are Semin and Green to see if anyone bites… my thinking is you could get at least a quality player and 2 picks…

Posted by Adam on 06/28/11 at 12:54 PM ET

mrfluffy's avatar

Holland…I love ya…but you better have some sort of blockbuster under wraps or we’re not going to see late May…again…next year.

Posted by mrfluffy from A wide spot on I-90 in Montana on 06/28/11 at 01:47 PM ET

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Posted by mrfluffy from Long Beach on 06/28/11 at 11:47 AM ET

This.

Every signing gets me anxious about Friday…

Posted by Garth on 06/28/11 at 02:13 PM ET

awould's avatar

I’ve been hoping to get Laich in a Red Wings uniform for a while now and I’m disappointed. However, $4.5 is just a bit too high. At any rate, Laich staying with Detroit, or Bieksa with Vancouver, is no failing on Holland’s part. Holland has no chance to sign players that aren’t available July 1.

Now if Chicago signs Wisniewski out from under Detroit, that will be a failure. But until July 1, there’s really nothing anybody can do. Worst case scenario, they field a team with an extra youngster on D and hope for the best. The Wings will still bring back one of the league’s best offenses. And then next year, they’ll have more UFA to choose from and a lot more money to spend (and no Lidstrom probably).

Posted by awould on 06/28/11 at 02:26 PM ET

Mac's avatar

Bad year to have a lot of cap space…yes!  Good year to be a marginally good hockey player…yes!  There are a lot of guys gonna get overpaid this summer!  Which will lead to a lot of buyouts 2 to 3 years from now.

Posted by Mac from Canada on 06/28/11 at 02:32 PM ET

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That’s too much. Laich’s a useful, versatile player, but he’s probably not worth more than than Devin Setoguchi (3), let alone David Krejci (3.8) and Jordan Staal (4), who he’s certainly not worth more than.

Posted by steviesteve on 06/28/11 at 02:37 PM ET

Luongo-is-my-hero's avatar

Holy OVERPAID/rated player BATMAN!
laich is overpaid anywhere from 1-2 million depending on who you talk to.  Good player, but not that good.  How do you expect to win paying role players that much.

Posted by Luongo-is-my-hero on 06/28/11 at 02:43 PM ET

Leo_Racicot's avatar

Posted by steviesteve on 06/28/11 at 12:37 PM ET

Curious, what makes you think a player like Setoguchi is more valuable than Laich?

As for the other two comparable centers, I will always contend (EvilP will disagree big time with me) that the Penguins got a bargain with Staal given the duration of the contract at the time it was signed.

Krejci was signed two years ago to a favorable (for Krejci) three year deal when Bergeron and Savard were far ahead of him on the roster pecking order for centers.  Assuming the cap doesn’t contract, I would guess that he’ll be getting a nice increase next summer that will put him ahead of Laich.

Posted by Leo_Racicot on 06/28/11 at 02:47 PM ET

Stevis's avatar

I’d buy $1M overpaid, but not two.  Laich’s a good 2nd line forward who brings heart, grinding and PK.  $3.5 would be a good deal.  $2.5 would be a steal.  $4.5 is “please don’t test the market” and “we’re praying like hell the cap keeps going up.”

Posted by Stevis on 06/28/11 at 03:01 PM ET

George Malik's avatar

That’s way too much money for anybody sane to spend on Laich, but Washington and sanity do not go together…

Posted by George Malik from South Lyon, MI on 06/28/11 at 03:23 PM ET

HockeyTownTodd's avatar

His salary puts him right around the Pavelski to Langkow range, seems reasonable on first glance.
Posted by Leo_Racicot

You have to stop and consider where the salaries are likely to be during the last 2 years of this 6 year contract.  Give it a try, and it may look like he took a home town discount rather than landing an ‘overpaid’ contract.

Posted by HockeyTownTodd on 06/28/11 at 03:25 PM ET

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Curious, what makes you think a player like Setoguchi is more valuable than Laich?

Not as versatile, but he’s a younger player with better hands who scores more despite having a lot less icetime. Eh, ntitai, I’m not 100% Setoguchi’s worth more; Laich’s not particularly great at anything, but he does check a lot of different boxes (if a 3rd line center gets hurt, you can plug him in there; if a top six wing gets hurt, he can do that okay; he’s decent on the PK, fine on the PP; can stand in front of the net or work the boards; not tough, but neither is he a coward). I’d bet my foot that Setoguchi gets back to 30 before Laich gets there the first time, but I’m not sure quite how to square that with Gooch just being a 5 on 5 player and Laich doing a whole bunch of things.

I probably should have used Malone, who does everything Laich does, but better,  is much more physical, scores more, is better on the PK, is a proven playoff performer, is widely thought of as overpaid and makes the same exact thing.

Or, if I wanted to be really mean, I’d point out that Laich now makes $1million less than Mike Richards, who does everything Laich does on an all-star level, vs. Laich’s “he can do that just fine” level.

Or If I wanted to be even meaner, I’d point out that Pascal Dupuis also does all the same things Laich does (minus PP, which is a reward of sorts), outscored Laich last year (despite not getting powerplay time), and just signed for 1/3 of Laich’s money.

Posted by steviesteve on 06/28/11 at 03:28 PM ET

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Good for Laich! Wanted to see him between the Mule and Cleary, but when the Tanguay’s are cashing in at $3+ million cap hit, guys are going to use $hit contracts as leverage. Setoguchi’s is probably the most accurate thus far.

With Laich off the table, I’d like to see the Wings go after Simon Gagne. Last year his cap hit was just over $5 mil, and his numbers were way down. I think he’d be a good fit. And they’re probably going to have to overpay Wiz, if they want to sign him.

Posted by Jesters Dead on 06/28/11 at 03:45 PM ET

Leo_Racicot's avatar

Posted by steviesteve on 06/28/11 at 01:28 PM ET

Good stuff, thanks. 

I asked about Setoguchi b/c I always struggle with the center to wing comparison, specifically when every team asks something different of their players.

I’m curious to see how Setoguchi does with increased PP and EV ice time as well. He’s been bitten by some untimely injuries, if he can kick those and mesh well with Koivu, he should be fun to follow.

Posted by Leo_Racicot on 06/28/11 at 04:47 PM ET

statelouis26's avatar

This is one of the worse contracts i’ve ever seen.  McPhee did a number on this one.  What are they thinking? Laich would be overpaid at $3 million.  Along the lines of drury, gomez, dipietro contracts.  I enjoy watching the Caps so this a hard pill to swallow

Posted by statelouis26 from Detroit, MI on 06/28/11 at 05:56 PM ET

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The Caps used Legwand’s contract as the comparable and he signed the same deal 3 years ago. Caps say they will be very active so look for Semin and Varlamov to be moved. Laich was re-signed because we need more players like him and Brouwer not less. I wouldn’t have given him more than 3.5 mil a year and would have looked to replace him with Ladd or Kennedy.

Posted by flacco5 on 06/28/11 at 06:02 PM ET

Lindas1st's avatar

..but Washington and sanity do not go together…

And you’re not just talking about sports.

Posted by Lindas1st from New England on 06/28/11 at 06:52 PM ET

Lindas1st's avatar

Reportedly six years, $27 million. An annual cap hit of $4.5 million.

  big surprise
 

Cha-ching Mr.Laich just hit the lottery.

Posted by Lindas1st from New England on 06/28/11 at 06:56 PM ET

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I asked about Setoguchi b/c I always struggle with the center to wing comparison, specifically when every team asks something different of their players.

Posted by Leo_Racicot on 06/28/11 at 02:47 PM ET

Laich’s had most of his success at wing, but that not everyone knows that underscores his versatility—that he can be shifted to center and nobody notices anything amiss.


Laich was re-signed because we need more players like him and Brouwer not less. I wouldn’t have given him more than 3.5 mil a year and would have looked to replace him with Ladd or Kennedy.

Posted by flacco5 on 06/28/11 at 04:02 PM ET

I agree with Flacco’s Caps perspective, too. They DO need more guys like Laich and Brouwer, but there are other guys out there with waaaaay lower price tags.

Posted by steviesteve on 06/28/11 at 11:24 PM ET

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