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Clouds on the horizon - the Calgary Flames and the falling cap


The Flames have one or two looses ends to tie up before their off-season is all but finished: Dustin Boyd remains an RFA and once he's signed, the club will have 14 NHL forwards, 7 defensemen, 2 goalies...and about 300k in cap space.

That's not terribly concerning, however. The club can effectively eliminate it's cap issues by deep sixing Primeau to the farm - no need to replace him, since the Flames will have a full compliment of forwards anyways. Calgary could also demote, say, Prust and Kronwall to Abbotsford and only call them up when needed.

Star-divide

No, the real concern as a Flame fan isn't this coming season, but the next: Calgary is poised to be in a world of hurt come 10/11 due to the expected salary cap drop. Consider that the club currently has about $45M in space committed to 15 players. If the ceiling drops to the $50M level, Sutter will be faced with filling some significant holes with approximately $5M (1.4M/player). Guys like Rene Bourque, Craig Conroy, Olli Jokinen, Eric Nystrom, Mark Giordano, Adam PardyCurtis McElhinney and (perhaps) Dustin Boyd will have to be re-signed or replaced with those dollars; a daunting task considering several of them (Bourque, Nystrom) will likely be in line for respectable raises.

A majority of the Flames cap space is invested in big, long term deals. Iginla, Langkow, Bouwmeester, Phaneuf, Regehr, Kiprusoff and Sarich represent 38.133M in cap space - meaning less than half the players signed are gobbling up nearly 85% of the organizations committed space for 10/11. Iginla, Regehr and Kipper also have NMC in their contracts. 

The implications for the team are clear, even one year out: at least one of the big boys has to go. Cory Sarich is the most obvious choice, given the fact he falls outside the club's "big three defenders" and his contributions could probably be replicated by a cheaper option. Unfortunately, moving Sarich's 3.6M cap hit and replacing it with a bargain contract (say, 1M) only produces 2.6M in additional cap dollars...which may not be enough. You can run a somewhat similar scenario with Lagnkow, except he will be particularly valuable to the team once Conroy and Jokinen move on. And Regehr is such good value at 4M, it probably doesn't make much sense to move him and try to replace his contributions. 

Of course, Miikka Kiprusoff would be the best salary to move given he's an extremely poor bet to cover his cap hit. Unfortunately, the goalie market is softer than Kyle Wellwood's waistline (right Martin Biron?) - dealing Kipper now would prove nigh impossible...moreso next summer if he puts up mediocre numbers for the third straight year this coming season. Then there's that pesky NMC. 

Which leaves us with the likes of Iginla, Phaneuf and Bouwmeester. There's a non-trivial chance that the various converging factors will result in the loss of one of these 3 big contracts I think. You can probably scratch Bouwmeester given his proven ability, age and the fact that he only recently signed his deal. That leaves Jarome Iginla and Dion Phaneuf, only one of whom has a NTC and will likely remain the best forward on the club even if his step back last year was indicative of an inexorable decline...

Leaving us with Dion Phaneuf. Now, it's possible Dion will rebound from his lackluster season and get back on the development curve that saw him becoming one of the premier defensemen in the game. If he knocks it out of the park in 09/10, then maybe Sutter finds a way to keep him. However, even if Phaneuf takes a firm step in the right direction he is prime trade fodder going forward. Given his pedigree, his age and eye-popping counting stats, Phaneuf could probably land the Flames an attractive package of players and futures - such a package could go a long way to assuaging the organization's cap woes in 10/11 (to say nothing of the cap savings themselves).

Obviously I'm reading tea leaves here with a full season to be played during the intervening time frame. Still, should the prophecies of a significantly falling cap prove accurate, Sutter will clearly be faced with some difficult decisions next summer.

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Arn’t Mark Giordano, Adam Pardy, and Curtis McElhinney signed to deals for the next two years?

I think you’re overstating the problem. Yes, some sacrifices will have to be made but the team should be able to get by. Let’s assume that Backlund is ready for the NHL next season as a top six’er that makes losing Olli Jokinen (with his 5M+ contract) bareable. Like you mentioned Cory Sarich can be moved and also replaced from within (Big, Physical, Stay-at-home type that shoots right… Matt Pelech maybe?). That takes care of about 7M right there and I don’t forsee the cap falling that far

The things that need to be remembered are that all the other top (Spend to the Cap) teams are going to be in the same boat and salary demands will likely go down as the number of teams that need to shed salary go up. I’m not worried.

by Parallex on Jul 20, 2009 10:52 AM PDT reply actions  

Woops, you’re right about those 3 guys. Read the chart wrong. Thanks for the correction. That certainly makes things more palatable.

by Kent Wilson on Jul 20, 2009 11:06 AM PDT reply actions  

I tend to agree with Parallex, that, if the cap does go down, which I have a hard time believing it will drop much, it will not be a huge problem. In that, the Flames likely will have two big contract concerns next year – Bourque and Jokinen. I don’t see Nystrom’s raise being more than 350,00 per season given the role he plays. Conroy will likely retire, as his reduced contract to stay in Calgary hints at his pending quit. Primeau’s contract will be off the books for good as he is a UFA.

So, it’s Bourque likely due for a salary doubling to around 2.7million (which is cash Primeau takes if he dresses or watches from above) and Jokinen whose value is likely not to go up from that contract to the organization. If so, he’s out and replaced cheaper – a la Bert and Cammy or he’s resigned for reduced value to the Flames (unlikely).

As for Kippers contract – I contend that it isn’t THAT bad. Goaltenders contracts often look out of whack more than they are. For example Kipper’s contract if the 6 wealthiest in the league this year behind Luongo, Lundkvist, Miller, Backstrom and Giguere. It is about on par with Vokoun, Turco and Huet. Slightly more than Nabokov, Thomas, Brodeur and Fleury. That is 13 of 30 teams starting goalies.

As well, there are 23 of 50 goalies due for a new contract next year – in which most will increase. The one’s specifically to consider are Luongo, Mason, Ward, Price, and Hiller. Of those, two to four will bump Kipper’s contract to about 10th in the league in cost and on par with about 5 others (15 of 30). Therefore, if Calgary wants a starting goalie of his pedigree they will be paying that price anyway as more than half the other teams are in for the same bucks.

Kipper may be on a downward trend in performance, but he is as good a goalie as many of the other’s who are playing for the same amount (Nabakov, Giguere, Turco, Huet, for example) The reality is that Kipper’s contract will be more appropriate as time goes on based on his previous performance earning him those dollars because the turn-over in flash in the pan goalies is very high. His Vezina trophy year may have been his own flash in the pan, but to have a top-ten (elite) goalie for 5+ years (albeit the last two have been less great stats wise) with potential going forward will cost big. Few goalies have maintained there ‘value’ better than Kipper over the long term. Luongo (who makes more and will make much more) Lundkvist (who costs more), Brodeur and likely Thomas (who was a revelation). But the consistency in goalies, let alone elite goalies is rare and the contracts have huge disparity. From year to year there will be ten-high value young goalies in the top 15 in league stats who will disappear two years later (Theodore, Raycroft, Toskala, DiPeitro or Price, Lehtonen, Ellis, Emery, LeClaire today).

Coupled with the cheap back-up our 6.3 million hit (5.8 + .5)is high, it’s definitely not a steal as Kipper once was, but it’s not as bad as we like to make out. He has played 300 games in four years and won 166 – those aren’t noted as “look at how good he is” just that most teams pay two, three or four goalies to play that much stay healthy and win – we pay one.

by LawrenceS on Jul 20, 2009 12:35 PM PDT up reply actions  

Sorry Lawrence. The only truly pertinent numbers when considering Kipper’s contract right now are: top 5 in league in terms of cap hit, 32nd in the league in terms SV%. That’s really poor value – especially considering a goalie market in which superior tenders (in terms of SV%) such as Biron and Fernandez are still looking for work and could likely be had for half of Kipper’s contract (with no NMC attached).

Few goalies have maintained there ‘value’ better than Kipper over the long term.

Kipper was elite for a season and a half, above average for another and has been below average for the last two. He isn’t even in the top 10 in terms of SV% or SQN SV% over the last 3 years. I don’t consider that “long-term” value, especially since his latter years have also been his most expensive.

What’s concerning, though, isn’t what’s past but what’s ahead: considering his downward spiral and the multiple years left on his contract, Calgary faces the likely scenario of having one of the most expensive back-ups in the league in a season or two. I also doubt you’ll see a big inflation in goalie salaries seeing as the cap is going to stagnate or lower in the near future and there are obviously bargains to be had in the free agent market.

If Kipper rebounds against all odds this season, all this is moot. That’s a poor bet, however…

The reality is that Kipper’s contract will be more appropriate as time goes on based on his previous performance earning him those dollars because the turn-over in flash in the pan goalies is very high.

Not sure I understand this point. Paying Kipper a lot of money based on him being an elite goalie in the past is appropriate, even if he plays at replacement level now? That’s text book bad management in a cap environment. Ask Glen Sather, who has been signing guys based on their reputations rather than their actual performance for years now. In fact, the rate of turn-over in terms of “hot” goaltenders renders the signing of an aging goalie to an expensive, long-term deal nonsensical given that there are, annually, cheaper options who may very well out-perform the former star (now boat anchor). This is why you see Detroit behaving as they do with their goalies: sign avergish guys to short, reasonable deals, then invest the savings in the skaters.

For the record, I don’t really hold Kipper’s signing against Sutter. When the deal was made, Kipper was firmly in the top 5 goalies in the league without any real signs of slowing down. The slide since has been precipitous, however and it’s rapidly becoming a concern.

by Kent Wilson on Jul 20, 2009 2:25 PM PDT up reply actions  

Oh I dunno,

I think Kippers in for a rebound year. The Flames gave up an entirely unacceptable number of scoring chances last season. One would hope that a better team defense combined with a reduced workload (assuming Sutter wasn’t just blowing smoke when he noted Kippers excessive workload) would result in better numbers. That’s assuming everything goes according to plan of course.

by Parallex on Jul 20, 2009 2:58 PM PDT up reply actions  

Paying Kipper a lot of money based on him being an elite goalie in the past is appropriate, even if he plays at replacement level now?

This is where many of us tend to disagree…is how well is Kipper playing. If he is in fact playing at replacement level, then paying him a ton of money makes no sense, but you can’t just point at one season’s sv% and say – BAM – one stat, he sucks. He didn’t have a great year statistically (sv%) no, but I think having a guy who can play as much as he can, win as much as he can, travel more than most teams, not get injured, faced tons of shots, and make a ton of saves is not going to come up lame next year or the year after. The problem with looking at sv% only is it doesn’t factor in anything else, games played for example. With Kiprusoff in net the Flames win 40-45 games. Are you telling me that if they had Luongo or Thomas they would win 60 of 82 because their sv% is that much higher? I don’t think so, goaltending doesn’t work that way, otherwise the wins record wouldn’t be 48 wins. A myriad of factors contribute to goaltending success, mostly team based. If we could trade Kipper for Luongo and his groin, or DiPietro and his hip, or Price and his streakyness…how many more (or less) wins and points would the Flames have at years end? 1W…. 2wins? 5 losses because McElhinney played more?

by LawrenceS on Jul 20, 2009 4:06 PM PDT up reply actions  

For the record, Calgary, as of today is 9th in the league for goalie-cap-hit, about 1.4 million above the league average, and 10th in the league in terms of the percent of team cap-hit that goalies make up. Both these numbers are likely to fall as teams sign more goalies before year’s start.

I agree with you Kent, that Detroit’s philosphy with goalies is an interesting (and successful) one. However, as you’ve pointed out…that unfortunately isn’t an option for us. They are dead last in terms of % cap hit for goalies and second to last by the numbers. Soon last when Mason’s contract is up in Columbus and he starts demanding 6mil + per year

by LawrenceS on Jul 20, 2009 4:34 PM PDT up reply actions  

Actually, the more I look at it, the better I feel. Minny, Chicago, Pittsburgh and SJ only have one goalie signed and even if they all sign 500k backups…that will bump the Flames down to about 11th in the league. Most of the teams at the bottom of goalie-cap-hit are still riding entry level contracts for goalies..such as Columbus, Montreal and LA.

So we are paying about the same for goal keeping as Toronto (Toskala +), Chicago (Huet +), Dallas (Turco +), SJ (Nabakov +) which I wouldn’t prefer over Kipper and McElhinney. All the ’top-goaltending-teams are paying much more…and would be even more foolish using the “Detroit-philosophy”

Next year we’ll likely be around league average or slightly less for cost, and unlike the other teams I don’t think we have the concern of not making the playoffs with our goalkeeping.

I’ve had more than my say….sorry for dominating, plus, I’m going to be fired by days end.

by LawrenceS on Jul 20, 2009 4:53 PM PDT up reply actions  

kipper and his contract sucks until he provides above average goaltending.

i really hope he puts in a decent year

by shep_ on Jul 20, 2009 1:08 PM PDT reply actions  

This can address Kent’s response above as well.

Kippers stats I am sure you all know
GP W W% L L% OTL GAA SV% SV SO Shoot Out SHA SV Sv%
76 45 .592 24 .316 5 2.84 .903 1946 4 14 11 .786

Average (goalies who played over 27 games)
47.9 23.6 .493 16.7 .349 5.3 2.71 .909 1243 3.2 20.5 13.7 .667

Kipper Leads the league in Games played and wins, he plays a ton and wins a ton…more than any other goalie over the last four years. He also loses less (%) than the ‘average’ goalie even though he plays almost double, has more shutouts than average, has to make 1.56 more saves in a season than average and has the 6th best Shootout stats of all goalies. His GAA is a palty .13 over average and a 6th of 1 percent less than average sv%. This is his worst season statistically.

It’s easy to say only SV% counts, but thats looking at the stat you wanna see, not all of the stats. He’s played more and won more than any other goalie over the past four years and has career stats that read:

GP
385 204 .530 125 .325 42 2.46 .912 30

He also ranked 12th out of 46 goalies at even strength last year and has a higher SQN sv% @.909, which is adjusted for difficulty than his actual sv% @ .903. Thomas for example is much worse actual.930, adjusted.918. He has faced more shots than any goalie over the last four years @ 9208 and sees very high quality shots against – 1.01 (Unlike the Wild .93, Buins .99 or Canucks 1 – i.e. home of the best)

He has also ranked in the top ten in the Goalie’s World rankings for the past five seasons based on their ranking system.

His pay is 6th in the league – likely to go down respective to others to around 10th next year and he gets no help from his backup McElhinney who won 1 game and has worse stats in every category except playoffs this year. I would like to know where the Flames rank in cost for Goalies including both starter and backup, because McElhinney’s value is zero to the team at this point.

I think this is well above average goaltending. You can focus on Sv% and say its the only stat, but if you look at all the stats Kipper is well above average and one of the better performers over the past 4 seasons.
  
I think it’s time someone developed a good metric for goaltenders which takes into account all statistics and gives a ranking, like a QB ranking because this debate is getting tiresome. The goalies world one is good, but it has its flaws, such as not considering shot quality against.

by LawrenceS on Jul 20, 2009 3:54 PM PDT up reply actions  

He also ranked 12th out of 46 goalies at even strength last year and has a higher SQN sv% @.909, which is adjusted for difficulty than his actual sv% @ .903. Thomas for example is much worse actual.930, adjusted.918. He has faced more shots than any goalie over the last four years @ 9208 and sees very high quality shots against – 1.01 (Unlike the Wild .93, Buins .99 or Canucks 1 – i.e. home of the best)

Not sure where you’re getting your stats from. Kipper wasn’t inside the top 15 in any category last years in terms of SV%.. NHL.com has Kippers ES SV% at .907…good for 63rd (!) amongst all goalies that played. In contrast Tim Thomas, by every measure I’ve seen, completely outperformed his expected SV% last year. For example, his expected SV% at 5on5 was .911. His actual was .937. At NHL.com, he placed 6th overall and the 5 guys ahead of him played less than 5 games.

Kipper saw some quality shots last year, but he didn’t outperform expectations by any measure that I’ve found. Desjardins had Kippers 5on5 SV% at .899 – well short of his expected SV% of .908. That save rate was below the likes of Andrew Raycroft, Jose Theodore, Jason Labarbera, Eric Ersberg and Dan Ellis.

Hockey Numbers has the Flames goaltending as a negative contributor to GD. HN also has Kipper’s SQN% at 90.4 – good for 32nd in the league tied with the Islanders Joey MacDonald.

I think what we can agree on is that Kipper is durable and that probably has some value. But when his save rate is hovering around 30th in the league – even when adjusted for quality of shots – then the utility associated with playing a lot of games is limited.

by Kent Wilson on Jul 21, 2009 9:54 AM PDT up reply actions  

I got my stats from your link up top, at Hockey numbers. I’m trying to speak the common language here. I disregard looking solely at sv% as much as others disregard the value of wins. Those stats in isolation are less meaningful than put together. This is why I use Goalie’s World rankings…where kipper was 9th during reg. season and 14th (out of 16) during playoffs.

Also…the ‘63rd(!)’ number is very misleading because 6 of the top 10 didn’t play 20 games, and this includes all goalies regardless of sample size.

McElhinney…who played the same few games as those ‘other’ goalies, comes in at 75th(!) Sample size matters yes, but usually goalies who are good have inflated stats due to small sample size, not vice versa. I.E. Pekka Rinne. I think you wrote a post about this previously No?

Lastly, I’m not trying to convince anyone that Kipper’s sv% was better than it was, or that he is the best goalie around. The point on this discussion was if Kipper’s contract was a boat anchor or not. We’ve established that Calgary is barely in the top third of total dollars for goalies. Likely soon to be 11th of 12th when other teams sign there backup goalies- this year. We’ve also established that next year (10/11) we are likely looking at Kipper as our No.1 again, when our costs will not have changed for McE and Kip and relative to the rest of the league will be likely floating around the 55-65 percentile in costs.

I’m trying to be objective enough to say that getting 60+ games and likely 40+ wins out of a goaltending duo paid around 67% this year and 63% (for example) next year is not as bad as most make it out to be. Also that we don’t have a truly viable solution to this at this point other than don’t spend any more on the keepers and hope for a bounce-back year.

What I get in response to this discussion is: “Kipper and his contract sucks” or “Kipper is expendable already” …“Kipper was 63rd(!)” based on one year’s single stat (a .903 sv%). FAIL! If you guys want to yell that he sucks, fine, but I’m trying to have a discussion about the big picture going forward, how bad the ’boat anchor contract is, and what we can do about it. That is what this post was about, no?.

Anyone can say, wow! look how great Detroit’s situation is, how much Osgood sucks during regular season, how little he is paid, how well he comes through in the playoffs time and time again, and how good they are. Why can’t we have that? But this is an exception to the rule. Vancouver was barely further ahead of Calgary last year and both goalie’s got decimated by Chicago’s offense in the post season. Luongo will soon be making 8million +. Is he a better option than Kiprusoff?

by LawrenceS on Jul 21, 2009 10:37 AM PDT up reply actions  

You’re not having a discussion, Lawrence. You’re obfuscating, if anything. Over and over I’ve explained why “wins” is total nonsense in evaluating goaltenders and SV%, in it’s various forms, is superior, how in fact Kipper is behind most of his peers in this regard and why that’s bad for a goalie past the age of 30 with one of the biggest contracts in the league.

Nothing you have said has convinced me that Kipper’s contract isn’t a boat anchor. Calgary’s barely in the top third of goalie contracts because they spend minimally on their back-up. That has absolutely nothing to do with whether kipper’s providing value or not. That would be like saying Calgary has one of the cheaper forward units in the league so therefore Jokinen will be providing value for his salary next year (regardless of his performance, I guess). Kiprusoff is an expensive goalie. He gets paid a ton of real dollars, his contract has a NTC and his cap hit is one of the highest in the league. If he’s mediocre again, the only reason the Flames will get 40+ wins is because the club manages to outscores his issues.

Also – disregarding SV% as much as wins is nonsensical: Sv% is the rate at which the goalie stops the puck. Wins just records whether the team scored more than opposition. The only way a goalie contributes to a win is…stopping the puck.

Im still not sure what “Goalie world rankings” are. I’ll admit the 63rd ranking from NHL.com was misleading, but I buttressed that with other stats, all of which pointed to Kipper’s mediocrity…which you ignored.

I think we’re destined to do this dance forever. I’m not a true believer, Lawrence and until Kipper stars posting stats that justify his contract, rationalizations like “”http://www.mc79hockey.com/?p=3179" target="new">well the team is winning anyways" and “but, as a duo, they aren’t THAT expensive” don’t sway me. I think the one thing we can agree on is: we have to hope for a rebound.

by Kent Wilson on Jul 24, 2009 4:20 PM PDT up reply actions  

ouch.
i haven’t seen you write that much in ages….!
you must have a bee in your bonnet, so to speak…
:)

by walkinvisible on Jul 24, 2009 9:35 PM PDT up reply actions  

All things being equal, a large salary cap decrease is not a reasonable expectation. i.e.: if you consider that league revenue is about $2.8 billion (as it was last year, and with no real change in the cap this year, it should be the same), and that led to a cap of $56.8 million, for the cap to fall $7 million, league revenue would have to fall about $400 million. Or, to put it another way, each team would have to lose, on average, $13 million in revenue in one year.

That simply is not going to happen.

The only way I expect that we’d see a significant movement in the cap is if the PA’s 5% inflator isn’t used next season. I’m not sure that the union would hold back on that, as it would squeeze quite a few players pretty badly. Basically, I think a massive downward movement in the cap is just a boogeyman that certain sportswriters like to trot out because it is scary.

by Resolute on Jul 20, 2009 1:14 PM PDT reply actions  

I think you may see McElhinney get a chance to prove himself, and Irving looked good in the AHL last season. If our defence is strong, Kipper may be expendable. Sarich and Langkow also have huge contracts. They may be moved, as well.

On a tangent, anyone like Tyler Pyatt as a Flames?

by Everton Fan on Jul 20, 2009 9:05 PM PDT reply actions  

Kipper is already expendable. Who’s the sucker that takes him off your hands is the first question to need an answer to. The second is; does DS have any idea that he’s not that good anymore?

by Subversive on Jul 20, 2009 9:22 PM PDT up reply actions  

I’m trying to be objective in this discussion here, but it may not be worthwhile. We’re not honestly suggesting that McElhinney has anything over Kiprusoff are we? McE has played 10 NHL games and won one, on the same team as Kipper, plays easier competition, faced easier shots, has an adjusted sv% of .888 (the same stat that Kipper is strung up for at adjusted .909) and has visibly struggled at the NHL level. Irving is not ready to usurp anyone. The only way it would happen is an injury to Kiprusoff which is more likely each and every year with his age and games played. I’m not saying that we have the best goalie duo in the league, but at least we have a guy who can play lots, make a lot of saves and pile up wins. 10 other teams are paying more in goal than we are (failing more by the Detroit model). Like it or not, Kipper’s situation isn’t great, but it’s not god awful, and with a 7million price tag, 5.83 mil cap hit and a NMC he ain’t going anywhere and if we trade him, it would have to be for another goalie – a cheaper keeper – , or we would be screwed in goal. And is a cheaper keeper, who may not be better, going to be the answer for the Flames?

In terms of Pyatt, I don’t see it happening. He wasn’t great in Vancouver, his cost would certainly spell the end of Boyd and he didn’t play a game after his fiance was killed and there was much talk of his retirement on Vancouver. I don’t think the Flames would pursue that one. Although, you never know, Sutter likes his project problem players.

by LawrenceS on Jul 21, 2009 8:51 AM PDT up reply actions  

We don’t have idea what kind of goalie McElhinney is. He’s played a handful of games – the sample is so tiny, we haven’t any clue if he can hang with the big boys.

I also have no use for Taylor Pyatt. He doesn’t fill a need on team that already has guys like Glencross, Moss, Bourque, etc. The Flames need to land an established top 6 forward, which is probably their only weakness right now. They have no use for the Pyatt’s of the world at this point.

by Kent Wilson on Jul 21, 2009 9:58 AM PDT up reply actions  

Kipper Expendable

Blasphemy! Move Kip? Hell’s Blazes! Never! EVER!!! Go Flames Go!!!

by Niulrana on Jul 23, 2009 2:25 PM PDT up reply actions  

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