Quote:
Originally Posted by getbak
Crosby's second contract was 17.30% of the Cap for five years when it was signed. Ovechkin's was 18.96% of the Cap for 13 years.
This will be 17.67% of the Cap when it's signed (if that number is accurate). So, he gets slightly more than Crosby, but the Oilers get 3 more years guaranteed.
The big difference is that when Crosby and Ovechkin signed their second contracts, the Cap was routinely increasing 5 or 6 million a year, which was greater than 10%. In fact, because they both signed the year before their new contracts took effect, the percentages had already dropped quite a bit before they even started.
In its first year, Crosby's contract was down to 15.34% of the Cap just because the Cap rose so much from year to year. Ovechkin's was down to 16.82% when it started.
If next year's cap goes up to $77 million (which would be in line with recent yearly increases), McDavid's deal will be 17.21% of the cap when it starts.
By its final year, Crosby's contract was only 12.39% of the Cap. In order for McDavid's contract to match that, the cap would have to rise to $107 million in the next six years (or about 7% per year).
|
Agree with the sentiment, although the stark difference is the cap was rising steadily at the time of those deals. Won't be happening here.
But this deal doesn't hand cuff the team. It's the other garbage contracts that will.
I am happy with the 8 years. Was resigned to 5 years 11-13 million AAV.