Kukla's Korner Hockey
by Paul on 04/11/09 at 06:05 PM ET
from Damien Cox of The Spin,
So Johan Franzen gets his $43.5 million and the Red Wings get the cap number they want, $3.95 million for the next 11 years.
Starts at $5 million per, ends at $2 million, $1 million and $1 million for the last three years. If The Mule can’t play by then, he’ll be making his money in Grand Rapids.
But the real question the Franzen deal produces is this; can the Wings now still sign Marian Hossa and keep their core of star forwards together?
The answer is its up to Hossa.
Basically, the Wings can now give him a contract that produces a cap number between $5 million and $5.5 million.
If he’s looking to average the $7.45 million he’s making over a long term deal - and his production probably warrants it - it won’t be in Detroit.
added 5:21pm, from Set Rorabaugh of Empty Netters,
Just glancing at NHLNumbers.com, it looks like Detroit will have approximately $7-8 million of cap space next season. In addition to Hossa, forward Mikael Samuelsson and goaltender Ty Conklin are scheduled to become free agents this offseason. Neither player is irreplaceable, but they have been significant parts of Detroit’s success this season. And stalwarts Nicklas Lidstrom and Tomas Holmstrom will become a free agents after the 2009-10 season. When you consider the fact that the salary cap could come down due to the malaise of the economy, it doesn’t seem the Red Wings will have the type of money available that Hossa, even at a reduced rate, would command.
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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.
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