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THN.com Blog: Moving money makes for more trades

Martin Gerber was sent to Binghamton of the American League after posting an .899 save percentage and 2.86 goals-against average in 14 games with Ottawa. (Photo by Andre Ringuette/NHLI via Getty Images)

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Martin Gerber was sent to Binghamton of the American League after posting an .899 save percentage and 2.86 goals-against average in 14 games with Ottawa. (Photo by Andre Ringuette/NHLI via Getty Images)

Ask any GM what the biggest obstacle to trading a player is these days and he’ll invariably talk about economics. In the salary-capped NHL, it’s almost impossible to trade big money contracts.

Which is another way of saying Martin Gerber might want to start scoping out the best places to eat in Binghamton because he’ll probably be there until the spring.

(Of course, this is the Ottawa Senators we’re talking about. The way things are going there, Brian Elliott is probably one bad goal away from a ticket back there himself.)

With Gerber’s current cap hit at $3.7 million, he is virtually untradeable for the Senators. Let’s say, for the sake of argument, the Senators could find a team looking for some goaltending depth for the last two months of the season. Any team wanting to trade for Gerber would owe him $1.4 million for the remainder of the season if it made a deal Feb. 1.

And there’s absolutely no way any team is going to commit that kind of cap space to Gerber. But what if the Senators were willing to pick up half - or more - of the remainder of the contract? Then Gerber might be a more viable option.

The only problem is that isn’t allowed under this collective bargaining agreement. GMs have long lobbied for this provision to be changed, but haven’t had any success. The NHL doesn’t want to have what is known as a lot of “dead money” floating around.

Which is a little puzzling. The purpose of a salary cap is to keep costs fixed and prevent teams from overspending, right? Well, trade money would go against the team’s salary cap, so what’s the difference? The player is still being paid and teams are no longer restricted by onerous contracts.

Allowing teams to pick up portions of a player’s contract in trades would undoubtedly stimulate what has become a rather stagnant trade market. Trades are fun and interesting and keep people engaged. Why wouldn’t the league want to capitalize on that?

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SATURDAY NIGHT’S ALL RIGHT FOR NOTHING
The Toronto Maple Leafs at home on Saturday night – they go together like rama lama lama ke ding a de dinga dong, or at the very least shoo-bop sha wada wada yippety boom de boom.

But not this season, or at least not lately. From Dec. 13 through Feb. 7, the Maple Leafs will have gone through a stretch of playing just two Saturday night games at home in nine weeks. Four of those nights, they don’t play on the road either.

In fact, of 27 Saturday nights this season, the Leafs play at home for only 16 of them. They’ll probably get jobbed out of the Saturday night playoff dates too, on account of they won’t be in the playoffs.

EARLY UPDATE
The first night of games in the Ontario League after the new fighting rules were introduced - a game misconduct and suspension for removing helmets - took place Thursday. There were two fights in the Sudbury-Barrie game and no players were penalized for removing helmets.

Ken Campbell is a senior writer for The Hockey News and a regular contributor to THN.com. His blog appears Wednesday and Fridays and his column, Campbell's Cuts, appears Mondays.

For more great profiles, news and views from the world of hockey, Subscribe to The Hockey News magazine.

COMMENTS (12)

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whatsthatsmell Posted
(2009-04-30 07:41:25)



Elliot looked pretty damn good last night. It could easily have been a blowout. I think both Gerber and Auld suck, and Ottawa should ride this guy for now. He can't do any worse than what they already got. I figure Toronto should do the same with Pogge.
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Kjetil A Posted
(2009-04-30 07:41:24)



Not that I disagree it would make things more interesting if teams could absorb part of the wages of players they trade against their own cap, but I don't think it's difficult to see why this is not allowed. In effect, it would allow teams to trade cap space. This flexibility would inevitably lead to more teams spending closer to the cap than they do today, which means the overall wage cost would increase. The actual salary cap is after all only a theoretical measure of league wage cost, since it is never the case that all teams spend to the limit. If you introduce more flexibility into the system, then the inherent competetive pressures in the system will always tend towards filling that gap. It would in practice be tantamount to increasing the cap. As far as I can understand.
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MontrealSucks Posted
(2009-04-30 07:41:23)



steve, they do have their own channel they pay for, its called LeafsTV. The reason they get so much air time is because thats the canadian team with the biggest fanbase. So it's not moronic simple numbers. CBC/TSN/Sportsnet and their advertisers want the most viewers and thats what they demand to get the Leafs.
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steve Posted
(2009-04-30 07:41:15)



absalutely moronic that a team that has been so bad for so long should be given so much air time.if people must insist on watching the leafs ,give them a channel they can pay for and spread the rest of the air time around to successful franchises.no other sport would celibrate mediocrity as much as hockey does.
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No T.O Posted
(2009-04-30 07:41:12)



I totally support the decision of having fewer Leafs games on HNIC....having more would be the equivalent of seeing the Detroit Lions play 13 times on Monday Night Football.....
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Rangers57 Posted
(2009-04-30 07:41:10)



What it comes down to is the G.M./Owners are the problems, NOT the contracts. I totally understand the concept that every team wants to win, but this attitude of --Well if we don't give player X a long and large contract then someone else will and we will lose him and take the wrath of our fans. As always stated the NHL/Hockey is a BUSINESS, if some of these G.M.'s/Owners spent money like they do and be in the private sector, they would be out of business or at least fired! Yes I also understand that ALL players have the right to make as much money or get as much money as they can, but it's the G.M.'s/Owners that have the final say as to whether they will give out these CRAZY CONTRACTS! Just look at some of the teams that are close to the cap, and I bet that you will have NO problem finding players on their team with these long/large contracts. So I my opinion it's NOT the contracts, it's the G.M.'s/Owners, let's put the blame where it belongs.
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Flake Posted
(2009-04-30 07:41:08)



If a player gets traded/acquired, then their previous contract should be toast. It would produce more blockbuster trades and the trade deadline would be more exciting.
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Scott Posted
(2009-04-30 07:41:08)



Flake, if you mean a contract should be voided if a player is traded your an idiot. Contracts are legal and binding. What the hell are you thinking?
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matt roberts Posted
(2009-04-30 07:41:07)



people are just getting a break from being swamped with the leafs, as soon as they are competitive again it will be the same as it was before. I give it another year max
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Gill Posted
(2009-04-30 07:41:07)



Just not having a leafs game on tv on Saturday nights is a bad idea. You're just reminding people that there are other things to do. You'll lose some of the non-hardcore fans.
    0




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