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Is The Hartnell Contract Under-Valued?

from Tim Panaccio of CSN Philly,

Not everyone is happy with Scott Hartnell’s new six-year, $28.5 million contract extension.

Some agents feel he sold himself well short of pending free agency after the 2012-13 season.

“Everyone is asking what the [bleep] he just did,” said one agent.

Hartnell’s cap hit will rise slightly from $4.2 million to $4.75 million in 2013-14. He obviously took less money now for a long-term guarantee. Under the present CBA, all contracts are guaranteed.

He also got a limited no-movement clause, which is no small matter for any player in his late 30s, which he will be at the end of this deal.

Yet he could have gotten at least $5.5 million and likely more in free agency next summer with a decent year.

continued

Filed in: NHL Teams, Philadelphia Flyers, | KK Hockey | Permalink
 

Comments

mmuskrat's avatar

I think Hartnell is acting smartly.  He actually realizes that at the end of the day, an extra $750k when you’re already making $4,750k is truly not as valuable as playing where you want to, and knowing where you will live for the next 7 years.

Posted by mmuskrat on 08/21/12 at 11:45 AM ET

Chris in Hockey Hell's avatar

Oh no, a player putting ego aside and helping out his team by taking less money! For shame! Damn that Hartnell!

Sarcasm off.

Posted by Chris in Hockey Hell from Ann Arbor, MI but LIVING in Columbia, TN on 08/21/12 at 12:13 PM ET

gowings's avatar

Good for him.

I saw a few players over the years in Detroit that took a bit less to stay with the team. Maybe he really likes playing there and as mmuskrat said, he acted smartly.

Posted by gowings from MTL on 08/21/12 at 12:39 PM ET

Avatar

28 million dollars in the bank, and he gets to play hockey. What an unselfish guy!
We’ve gotten so used to these figures that we aren’t thinking what they really mean anymore. 28 million, he is among the very, very rich in this country! At 4.5 mil per year he’ll be in making more than 99.49% of us! More than 210,179,458 Americans. Only less than 1,074,542 Americans. Sure he only makes that for 7 years! But he’s set for life. I remember when I was a kid, on the back of baseball cards, they often told you what your favorite player did in the off season for a JOB, like selling cars! Now a decent career in sports sets you up for life, if you don’t blow it!

Posted by Dennis Hudson from United States on 08/21/12 at 01:15 PM ET

Avatar

I agree with Hartnell’s reasoning. He’s in his early 30s, just had a career season and gets good money in a place he wants to be for 7 more years, despite power forwards like him generally not being $5 million players at 37. The only difference I would have wanted, were I him, would be a full NMC, not a limited one, which I think he could have leveraged.

Posted by larry from pitt on 08/21/12 at 03:21 PM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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