Thursday, May 21, 2009

Krejci, Kessel or none of the above? A Boston Bruins salary cap outlook

So far, CLS looked at the salary cap situations of the Chicago Blackhawks, Philadelphia Flyers, Pittsburgh Penguins and New York Rangers. With news of off-season surgeries and Sporting News executive awards for the Bruins' front office, it seems like a natural time to take a look at the future of the Boston Bruins.

Boston Bruins
Current projected 2009-10 Cap number:
approximately $47.5 million (One goalie, five defensemen and nine forwards)
Best contract(s): Marc Savard (one year left, $5 million cap hit); Milan Lucic (one year left, rookie contract)
Worst contract(s): Tim Thomas ($5 million per year through 2012-13); Marco Sturm ($3.5 million through 2010-11)
Dude who is Seven-feet-freaking tall (on skates)' contract: Zdeno Chara ($7.5 million per year through 2010-11)

It's been a really nice two years for the Boston Bruins. After suffering briefly from a Joe Thornton hangover, they snagged the former assistant GM of the Ottawa Senators to construct a team that shares some similarities with Peter Chiarelli's old squad: staggering depth, splendid regular season play and ... Zdeno Chara.

An unexpected (and utterly, undeniably dominant) run to the No. 1 spot in the Eastern Conference allowed the Bruins to stuff another gluttonous bowl of Chowder in the over-fed mouth that is the Boston sports market. At their best, the Killer Bees looked good enough to make Western Conference teams nervous.

That great run came at a price, as the Bruins were forced to hand their admittedly exhilarating goaltender a contract that will almost definitely bite them in the end. A Vezina-caliber season notwithstanding, Thomas has a few prominent strikes against him. Not to be an age-ist, but at the ripe age of 35, how long can an unorthodox goalie like Thomas thrive before he turns into Roman Cechmanek with a nicer yacht?

Still, signing Thomas allows the Bruins to focus solely on the extremely difficult decisions regarding their two young forwards Phil Kessel and David Krejci.

Kessel has the pedigree. After having some up and down years (including earning the respect of any human by overcoming cancer), the 2006's #5 draft pick exploded as much as any Boston Bruin this season. In an abridged 70 games, he managed an impressive 36 goals. To put that in perspective, his .51 goals per game average ranked eight best in the NHL. He also showed impressive speed and was at times very dangerous in this year's playoffs, with 6 goals and 11 points in 11 games. Despite injury concerns, Kessel is a true game breaker.

Say what you want about the dubious nature of the plus/minus statistic, it's still pretty astounding that David Krejci lead the league with a +37 rating. After flying under the radar with 27 points in 56 games last season, Krejci managed a 73-point season. He's a smart player who played a full season in 2008-09.

So, the question is: how much is each player worth? With All-Star caliber Marc Savard and former stud Patrice Bergeron already on the roster, should the Bruins settle for getting for a few draft picks for Krejci and/or Kessel? If you had to choose, would you rather get the dynamic but injury prone (and potentially more expensive) Kessel or the heady and steady work of Krejci (who you cannot be totally certain isn't a contract year guy)?

Obviously the decision is circumstantial. If Krejci only wanted $3 million per year, Boston would be crazy to let him go. On the other hand, if Kessel wants to be paid Sidney Crosby money, that wouldn't work for the B's at all.

It's funny that Chiarelli received a GM of the year award, because the next seasons will test that honeymoon period immediately. Three crucial contracts will be up for renewal for 2010-11: Savard, Blake Wheeler and borderline folk hero Milan Lucic.

While the Chicago Blackhawks are my pick for the team with the most potential to make shortsighted analysts look silly ("Why, they have young players so that means they automatically have a bright future derp!"), the Bruins' window could close quickly.

It could end up a lot like Chiarelli's Senators did. After being a dominant-yet-frustrated team for years, the team could no longer keep Chara, Martin Havlat and other solid-to-great players not named Spezza, Heatley or Alfredsson. By the time Chiarelli left, Ottawa became a top-heavy, deeply flawed team. Then again, there are also Buffalo Sabres parallels: a team featuring a talented cast-off (Savard/Daniel Briere), staggering depth and an exciting score-by-committee approach that ultimately became unsustainable within the confines of a salary cap structure.

Let's not be TOO negative, though, as a very tough summer might turn into a series of shrewd, Ken Holland-sque maneuvers for the Bruins. There are definitely bright sides to look on: Chara is the only guy with a huge contract and he's (probably) worth it. And for all the negativity about Tim Thomas's gamble of a deal, it's at least not as bad as questionable No. 1 contracts floating around the league like Cristobal Huet ($5.6 million through 2011-12), J.S. Giguere ($6 million through 2010-11) or Rick Dipetro's lifetime $4.5 million per year cap hit.

So, what do you think? Are the Bruins the Team of the Future in the Northeast division, just a fortuitous blip on the radar or somewhere in between? Either way, the Big Bad Bruins should be an interesting team to watch the next few years (on and off the ice).

(For the record, I strongly believe that the Bruins should do whatever they can to keep Kessel. Seriously.)

5 comments:

Tom said...

Both of these guys are expected to miss the beginning of next season after major surgery. That gives Chiarelli a bit of leverage, perhaps enough to take a "prove you're worth it" stance and sign them both to a short contract. Of course this would only defer the issue of a long-term contract by a year or two, but it would keep the team intact long enough to make at least one more serious Cup run.

Unknown said...

Please let that be true. The salary cap scares me a bunch right now.

jamestobrien said...

Yeah, you might be right about that lowering the price tag/impact, Tom. The one thing I wonder, though, is if someone pulls a Lowe and signs Kessel to a crazy offer sheet.

Tom said...

An offer sheet situation would be a nightmare, becaue I don't think Boston has an easy answer. Kessel is a great talent but he's not worth wrecking the entire team. I guess they'd just have to let him walk, try to find a decent UFA to replace his scoring and accept that the team probably wouldn't be as good going forward.

jamestobrien said...

The one good thing about an offer sheet is that (depending on how much he'd get paid) the Bruins would get some really nice-to-great draft picks out of the situation. Considering the fact that Savard, Lucic and Wheeler will be free agents in 2010-11, it might be a short term pain long term gain situation.

Perhaps it's not as grim as it might seem.