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Datsyuk contract beach blanket bingo

This is slightly strange given today's comments by Ken Holland. This comes from the Ottawa Sun's Bruce Garrioch:

The decision by Pavel Datsyuk to play next season in Russia is no surprise but the Detroit Red Wings are going to have to clear off his $7.5-million cap hit if they want to take a serious run at Tampa Bay Lightning UFA winger Steven Stamkos. While the belief is Stamkos wants to stay with the Bolts, the talking period for UFAs will begin soon and he’ll get plenty of interest. Detroit is among those expected to talk.

“The Wings are really going to have to sweeten the pot to move that cap space,” a league executive said Saturday. “Cap space is a valuable asset.”

There has been talk about Detroit moving prospects, but they may have to also unload a roster player.

Does anybody want a slightly used Johathan Ericsson? I think the Free Press's Helene St. James had it right:

While low-budget teams such as Arizona and Carolina are possibilities, options expand if the Wings agree to take a smaller contract in return, such as somewhere in the $2 million range.

If the asking price is young Anthony Mantha, Holland said the answer would be a hard no. "If it's going to be one of our top young players or a top draft pick, I don't know that it make sense. We are going to give Anthony Mantha every opportunity to make our team out of camp."

I can't see the Wings trading away a top prospect to move Datsyuk's deal, but I can see the Jurco-or-Pulkkinen situation happening...and St. James' theory that the Wings may have to eat a marginally bad contract to move most of Datsyuk's $7.5 million cap hit seems more realistic.

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Comments

Figaro's avatar

Take on a bad contract?  Hell, that’s right in Holland’s wheelhouse.

Posted by Figaro from Los Alamos, NM on 06/18/16 at 06:59 PM ET

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If he can’t move an empty cap hit then he absolutely does not belong in the position of general manager of a professional sports team.

Posted by Garth on 06/18/16 at 07:09 PM ET

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Holland doesn’t want to take bad contracts he wants to be the one that originates them, he also needs to make sure they include a NTC as well so that no one in their right mind would consider it

Posted by bababooey on 06/18/16 at 08:26 PM ET

The_Firebird's avatar

More like bleach banquet blackout. :-(

Posted by The_Firebird on 06/18/16 at 09:05 PM ET

WingDingy's avatar

Two things I don’t want to hear.  I don’t want to hear about the playoff streak and I don’t want to hear that we won’t deal prospects.  I don’t give a flying you-know-what about either one.  What I care about is becoming a legitimate Cup contender.  If we end up eating Pav’s contract because we’re unwilling to move prospects, that should be prima facie grounds for Holland’s dismissal.

Posted by WingDingy on 06/19/16 at 12:45 AM ET

OlderThanChelios's avatar

The Wings are really going to have to sweeten the pot to move that cap space,” a league executive said Saturday. “Cap space is a valuable asset.”

There has been talk about Detroit moving prospects, but they may have to also unload a roster player.

Gosh, it’s almost like the media is working for the other 29 teams in the league. Becuase we’re not talking about moving a $7.5M cap hit that some team is going to be on the hook for an actual salary of, say, $4.5M (like the Canes just assumed for a measly $4M cap hit).

We’re talking about a team that gets to claim they’re paying out $7.5M while actually paying out zero dollars. For the life of me, I can’t figure out why the MSM doesn’t undertand that.

But, in the end, I fully expect Holland to cave in and give away waaaaaaaaaay more than he should in order to move the best “cap hit” contract ever.

Posted by OlderThanChelios from Grand Rapids, MI on 06/19/16 at 12:50 AM ET

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How does a team move $7.5 m of a final year of a contract ..with zero in exchange?

Posted by rjman48 from Royal Oak on 06/19/16 at 05:40 AM ET

WingDingy's avatar

It allows teams that are under the cap minimum to get where they need to be.  It’s all smoke and mirrors since it involves no on-ice assets, but entirely doable and “legal” under the CBA.

Posted by WingDingy on 06/19/16 at 09:10 AM ET

WingDingy's avatar

I understand that Holland has the following quote framed, mounted and hanging on his office wall:

“There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don’t know. But there are also unknown unknowns. There are things we don’t know we don’t know.”

Donald Rumsfeld

Posted by WingDingy on 06/19/16 at 09:40 AM ET

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My thoughts:  The Wings trade Dats’ contract to Carolina and move back to the #21 pick. 

They also trade Smith, Ouellette, and Frk and take Wisniewski’s contract back. 

IMO, the Canes will trade Jordan Staal to the Rangers for more young inexpensive players and draft picks.

Buffalo is another possibility if we take back their problem contract Moulson.  For Howard and Dats’ contract?  Maybe?  In addition, The Wings have a lot of young AHL defensemen and other than Russo and Saarijarvi,  none of them look like they are going to be top 4 material.  3rd pair D men aren’t that hard to find.  Why aren’t the Wings’ developing? 

Secondly, Holland needs to get off his ass and trade Howard, yesterday.

Posted by BobafettVegas on 06/19/16 at 09:52 AM ET

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Oh, and I also think the Wings’ should let Stamkos go…he ain’t coming here.  And he’s going to be too expensive WHEREVER he ends up.

Posted by BobafettVegas on 06/19/16 at 09:54 AM ET

Colin's avatar

If he can’t move an empty cap hit then he absolutely does not belong in the position of general manager of a professional sports team.

This exactly. I’m sick of all these journalists treating the Datsyuk contract like some sort of death knell for whoever takes it. Let’s break this down for the “professional” beat writers:

“The Wings are really going to have to sweeten the pot to move that cap space,” a league executive said Saturday. “Cap space is a valuable asset.”

Dear “League Executive” if you had half a brain, you would know that there are these things called “budget teams” in the NHL. These teams routinely pay less than the cap for their rosters because A. They can’t afford it because the are located in a terrible hockey market thanks to “We need two teams in Florida and one in the desert” Gary Bettman or B. They want to make a buttload of profit like Ottawa or Winnipeg. For a “budget team”, cap space is an asset, sure. But not when you are already spending below the cap in the first place. For teams like this, an empty contract like Datsyuk’s becomes a greater asset than the cap space because it allows them to reach at or above the cap floor while paying NOTHING to the player. The term is also just for this next season, making Pav’s contract even more enticing as it allows the team flexibility for the next season. For a budget team, a contract like Pav’s is a greater asset than the cap space it would take up, as the cap space will always be around for them, but the cap hit to make the floor may not, and if it is around it almost never takes the form of a “free” one year contract like this.

If Kenny cannot move this empty contract, his head should roll.

Posted by Colin from Ken Holland's new yacht, "Incompetence" on 06/20/16 at 09:05 AM ET

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The Malik Report is a destination for all things Red Wings-related. I offer biased, perhaps unprofessional-at-times and verbose coverage of my favorite team, their prospects and developmental affiliates. I've joined the Kukla's Korner family with five years of blogging under my belt, and I hope you'll find almost everything you need to follow your Red Wings at a place where all opinions are created equal and we're all friends, talking about hockey and the team we love to follow.