daquixers_is_back Posted October 18, 2006 Posted October 18, 2006 This is probably old news by now, but did anyone see the contract that the Islanders gave goalie Rick DiPietro? Its a 15 year deal for 67 million dollars. Holy cow. Money aside, I dont know if I would want to be on a team for 15 years. Going on, the money is guaranteed so if he is cut or gets a career ending injury he will still get the money. The only way he doesnt receive the money is if he is retires.
ans4e64 Posted October 18, 2006 Posted October 18, 2006 Yeah its ridiculous..... plus its Rick DiPietro
dib Posted October 18, 2006 Posted October 18, 2006 Hmmm, it would take me over 1000 years to make that salary, and I work 40 hours a week. Well, I'm supposed to anyway.
I 90 Posted October 18, 2006 Posted October 18, 2006 It is cap friendly for the foreseeable future -- the only risk is for the super rich Wang. It looks like the NHL is allowing questionable injury buy outs so in the long run it is probably pretty safe as well. It looks more like an NFL contract than anything else. .
Mile High Posted October 18, 2006 Posted October 18, 2006 Hmmmm the same Dipietro that made the US team last year.
daquixers_is_back Posted October 18, 2006 Author Posted October 18, 2006 It is cap friendly for the foreseeable future -- the only risk is for the super rich Wang. It looks like the NHL is allowing questionable injury buy outs so in the long run it is probably pretty safe as well. It looks more like an NFL contract than anything else. . 808669[/snapback] How friendly is it going to be if he gets a career ending injury next year and they still have to pay him all 67.5 million for 14 more years? Hmmmm the same Dipietro that made the US team last year. 808857[/snapback] And how did they do? Hmm.
I 90 Posted October 18, 2006 Posted October 18, 2006 How friendly is it going to be if he gets a career ending injury next year and they still have to pay him all 67.5 million for 14 more years?And how did they do? Hmm. 809163[/snapback] Not they, but he... Wang didn't get rich by accident. Insurance, Reinsurance... he has layed off as much of the risk as humanly possible. And the freakin' NHL let the Devils get out from under the Mogilny contract, allowing them to field a decent team this year. The hard cap isn't so hard to beat. .
Taro T Posted October 18, 2006 Posted October 18, 2006 Not they, but he... Wang didn't get rich by accident. Insurance, Reinsurance... he has layed off as much of the risk as humanly possible. And the freakin' NHL let the Devils get out from under the Mogilny contract, allowing them to field a decent team this year. The hard cap isn't so hard to beat. . 809354[/snapback] The league did "let" the Devils out of the Mogilny contract when their doctor agreed with the Devils' doctors that Mogilny can no longer play hockey. I have a gut feel that the NHLPA will be singing the blues over that one come June or July or whenever the final accounting #'s come in. Mogilny's $3.5MM or so will be that much more that the players' total salary ends up exceeding their 54% of the pie and will be another ~$100k that every roster will lose from their withheld escrow.
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