The Nashville Predators’ decision to sign Colton Sissons to a seven-year contract earlier this week certainly raised a lot of eyebrows around the NHL.
As PHT’s James O’Brien argued immediately after the signing, the salary cap hit is pretty reasonable and it might even be a decent value right now.
But it’s the salary cap that puts every contract in the league under a microscope. Teams only have so much money to spend, and every dollar they spend on one player is a dollar they do not have to spend on another player. Every dollar counts, especially if you a contending team that is probably going to be spending close to the cap. Mistakes and misevaluations matter, and if you get caught with too many of them at once it can have a negative impact. Because of that, teams need to make sure they are using their limited amount of money in the most efficient way possible, properly prioritizing what matters and what doesn’t, and the players that are worth committing to.
Traditionally, teams have mostly avoided long-term commitments to players that are not top-line players. This is especially true among teams that win and go deep in the playoffs. I say “mostly avoided” because there have been several instances outside of Nashville where teams have given lengthy term to depth players. The New York Islanders signed forwards Casey Cizikas and Cal Clutterbuck to five-year deals, and third-pairing defender Scott Mayfield to a seven-year deal. The Detroit Red Wings have Justin Adbelkader and Darren Helm on five-plus year contracts. The Kings gave Kyle Clifford a five-year deal several years back. The Pittsburgh Penguins gave Brandon Tanev a six-year contract this summer to play in their bottom-six after giving Jack Johnson a five-year contract one year ago.
Those are just a few examples of players that are currently under contract.
The question, though, is why teams would ever want to do this.
The answer is simple: By giving the player more term and more individual long-term security, it brings the salary cap hit down a little and helps the team in the short-term. But is that extra savings worth the long-term commitment to a player that may not retain their value over the duration of the contract?
One thing that has stood out about recent Stanley Cup winners and contenders is that pretty much none of them have had long-term commitments (five years or more) to players that played regularly outside of their top-six forwards or top-four defenders. It is practically unheard of. Identifying consistent lines and who is a “depth” player is a mostly inexact science. Coaches change line combinations constantly over the course of a season and a player’s role within a team can be a very fluid situation. For this, I simply tried to use even-strength usage as a way to identify a player’s spot in the lineup.