The general manager traded Johnathan Kovacevic to the Devils. And shortly after, on July 1, he signed Alex Barré-Boulet… as well as Juraj Slafkovsky to an eight-year contract (2025-2033) worth $60.8 million.
Obviously, the Habs weren’t going to stop the club from signing big contracts that they would regret in a few years. The goal now is to let ugly veteran contracts expire, not add more to them. #Gallagher #Anderson #Price #Dvorak #Armia
That said, Slaf’s contract, while one of the NHL’s largest through July 1, 2024, remains tied to the Habs’ rebuild. And if all goes well, the longer it goes, the better it will be for him.
When you break it down, the Canadiens’ big forward contracts (Nick Suzuki, Cole Caufield and Juraj Slafkovsky) are all deals that represent less than 10% of the club’s total payroll.
In 2021, Nick Suzuki took 9.66% of the Habs’ pay packet, and in 2022, when his contract began, it was 9.55%. In 2023, Cole Caufield took 9.52%.
And what about Slaf? If his contract started today, he would have 8.64% of the roster. And since his contract starts next year, when the ball is expected to be $92 million, he should be at 8.26% of the ball when the time comes.
Percentage of the #VamosHabsVamos salary cap at the time of signing his eight-year extension:
– Nick Suzuki (2021): 9.66%
– Cole Caufield (2023): 9.52
– Juraj Slafkovsky (2024): 8.64– Marc Dumont (@MarcPDumont) July 1, 2024
It’s all well and good to crunch numbers, but let’s make a comparison to put things into perspective.
If we look at the Maple Leafs, we see that right now, four forwards take up between 12 and 16% of the roster. Each one. We are talking about core 4, as expected.
- Auston Matthews: $13.25 million, 15.1% of weight
- William Nylander: $11.5 million, 13.1% of the weight
- John Tavares: $11 million, 12.5% of the weight
- Mitch Marner: $10.903 billion, 12.4% of the weight
Add Morgan Reilly (8.5% of payroll with a salary cap $7.5 million) and you have a big reason for the lack of depth in the Queen City organization.
Of course, you already knew these guys made a lot, but putting things into perspective always helps. And right now, Suzuki, the Habs’ top active earner, accounts for less than 9% of the payroll.
And with the salary cap rising, things are only going to get better. #MerciMarcBergevin
Kent Hughes has managed to stay within his pay scale by signing his first line to a long-term contract for less than $24 million. And this will allow the general manager to one day add the right pieces to his team… especially on defense. And that’s something the Maple Leafs can’t afford.
That’s why the club has made short-term decisions that will affect the club in the long term. Chris Tanev for SIX YEARS at $4.5 million? Oliver Ekman-Larsson for four years at $3.5 million? #Ark
Signing Chris Tanev to a six-year contract and then adding Oliver Ekman-Larsson would have been a great offseason in 2017.
– Kevin Papetti (@KPapetti) July 1, 2024
Don’t tell me that instead of trying to extend Mitch “Mr. Series” Marner’s contract, the club couldn’t have tried to reach an agreement to bring in top-level defensive reinforcements?
The Canadiens are putting themselves in a position where they won’t have to do what the Maple Leafs did in a few years when they’re on a winning streak. And if all goes well, getting past the first round won’t really be a problem.
Over time
– To be continued in Toronto.
Remember, the shortstop wouldn’t be surprised to be traded. https://t.co/4MnyLNYkzq
– MLB Passion (@passion_mlb) July 2, 2024
– Vladimir Tarasenko has an offer on the table from the Penguins. He is said to want to stay in Sunrise.
The Penguins have made an offer to Vladimir Tarasenko. They only have about $4.3 million in cap space. Obviously, other teams are interested in him.
– Josh Yohe (@JoshYohe_PGH) July 2, 2024
– A name to watch in the Habs’ development camp.
Alexander Zetterberg, invited to Montreal’s development camp, is my third undrafted prospect.
Full report: https://t.co/VLvMeYmXAH
– Scott Wheeler (@scottcwheeler) July 1, 2024
– Tyler Toffoli’s wife is proud to be home.
I just sent all my friends in my hometown (Monterey, CA) a… Emoji: Chaos broke out. I am forever proud of you. @tytoff16 https://t.co/h7oWRZ7VPA
– Cat (Bélanger) Toffoli (@catbtoffoli) July 1, 2024