Quote:
Originally Posted by Textcritic
This word gets thrown around far too often. I see it applied to any player who comes in even just a fraction under his perceived market value, but quite frankly that is disingenuous.
In this instance I don't believe that Connor McDavid's contract can be considered a bargain by any metric, and the reason is that it is the most expensive individual hockey contract in the world. It cannot be a bargain until at least the day that another player is paid +$100 m over an eight year term because at this point his deal is without adequate comparison.
To put it another way, Darryl Katz's home is easily the most valuable piece of real estate in the Edmonton region at around $13 m. If Milan Lucic buys Katz's house for $12 m he is getting it at a slight reduction of it's perceived value, but he is still paying at least $3 m more for his cool new pad than for any other private residence North of Rockyview. This is not a bargain. It may represent modest savings, but that is not the same thing.
|
I stated a particular measure by which McDavid's contract could be considered a bargain. TC - if the Oilers has signed McDavid for $1, you would not admit it was a bargain. And If Katz's house is worth $13 million, and
Treliving buys it for less than that to use as a storage locker, you would certainly agree it was a bargain.
In any case, the Oilers have made their bed with these two big contracts. Time to decide things on the ice.