Dan Canavan Joins The Hockey Writers

THWDan Canavan, contributing editor and hockey expert for Connecticut Sports Law, is expanding his writing beyond legal issues in hockey and is now covering the Carolina Hurricanes for The Hockey Writers.  Here’s an excerpt from Dan’s latest post on goaltender Cam Ward’s contract extension:

While Ward’s yearly $6.3 million average salary is second only to squad leader Eric Staal, the six year contract extension pales in comparison to the recent run of long-term goalkeeper contracts. In 2006, Islander goalie Rick DiPietro singed a groundbreaking $67.5 million, 15-year deal that will run through 2021. Last September, the Vancouver Canucks singed Roberto Luongo to a $64 million, 12-year contract extension, which will run into his 40s. Most of the recent long term deals have been typically front loaded to reduce the long-term impact on the team’s salary cap. Lunogo’s deal will pay out 10 million dollars in its first year, while paying only $1 million dollars over the final two years. However creative, these contracts run afoul of the spirit of the cap system and are long term obligations that most clubs should be looking to avoid. Look for the next Collective Bargaining Agreement to impose penalties on those GMs that front load all-star contracts for the sole purpose of circumventing the cap system.

Dan will continue to write for Connecticut Sports Law.  To see all of Dan’s articles, click here.

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