Kukla's Korner Hockey
Entries with the tag: offer sheets
From Adam Kimelman at NHL.com:
What general manager wouldn’t want to see Steven Stamkos centering his first line? Or Drew Doughty or Keith Yandle patrolling his blue line? Those players, and other emerging stars, are available for all 30 teams.
So why aren’t they getting any offers?
Because those players, and others like them, are restricted free agents, meaning their current team reserves the right to match any offer that player receives.
Since the summer of 2005, only six restricted free agents have been signed to offer sheets, most recently last year, when the San Jose Sharks signed Chicago Blackhawks defenseman Niklas Hjalmarsson to a four-year, $14 million deal. Of those six offers, five were matched; the exception was Dustin Penner, who left the Anaheim Ducks for the Edmonton Oilers and a five-year, $21 million contract in the summer of 2007. The Ducks received first-, second- and third-round picks from the Oilers in the 2008 Entry Draft as compensation.
Why the lack of offer sheets?
“We’re not only going to match any offer sheet, we’ll have enough space to go after your guys. Go ahead and make our day. If you sign our guy, we’re coming back with both barrels firing. You’d better be damn straight that you have the cap space and all your guys are signed.”
—Dean Lombardi, LA Kings GM
“Dang, snap, OH NO HE DIDN’T!”