The Curse of the Albatross: Understanding “Bad” Contracts in the NHL

It’s December 2010. I’m sitting ten rows behind the net at the Prudential Center in Newark, New Jersey. In front of me, the hometown Devils are being badly outplayed by the Nashville Predators. Offensively, the Devils can’t generate any pressure. Defensively, they look confused. After two periods, the fans start heckling their home team.

Behind me sits a Devils season ticket holder. The guy looks 50, has short grey hair, and is decked head-to-toe in Devils apparel. He makes occasional comments to his wife about injuries, team strategy and organizational prospects. He sounds like an educated hockey fan.

About halfway through the third period, I lean back, catch his eye, and ask a rhetorical question.

“So, why’s the team having problems this year?”

He doesn’t hesitate.

“The Kovalchuk contract. Fifteen years is ridiculous.”

Now, I know what you’re thinking. This guy was nuts. In reality, the team was losing for two reasons. Firstly, injuries had decimated the roster. Leading scorer Zach Parise was out for the season while franchise goalie Martin Brodeur was battling an elbow injury. Secondly, Coach John MacLean had lost control. He would be replaced five days later by Jacques Lemaire who would take the basement-dwelling Devils on a 26-7-3 run and narrowly miss the playoffs.

But the guy’s answer didn’t surprise me. In fact, I expected it. Remember, I live in Vancouver. I’ve heard the Canucks’ playoff losses, defensive breakdowns, scoring slumps, coaching oversights, lack of reasonably priced parking and proximity to public transit all blamed on Roberto Luongo’s 12 year contract.

But what if this guy was on to something? Are these unequivocally bad deals that overpay overrated players? Are they actually hurting their respective franchises?

Let’s take a look.

35 Comments

  • Well I sincerely enjoyed reading it. This subject provided by you is very practical for correct planning.

  • Hairstyles says:

    Thanks for the tips on credit repair on all of this web-site. The things i would offer as advice to people is usually to give up the actual mentality that they’ll buy at this point and fork out later. Like a society we all tend to do that for many issues. This includes getaways, furniture, plus items we wish. However, you should separate the wants from the needs. When you are working to improve your credit rating score actually you need some trade-offs. For example you can shop online to save money or you can check out second hand shops instead of high priced department stores regarding clothing.

  • I’ve learned a number of important things by means of your post. I will also like to express that there may be situation that you will get a loan and do not need a cosigner such as a Federal government Student Support Loan. But if you are getting that loan through a standard finance company then you need to be made ready to have a co-signer ready to enable you to. The lenders are going to base their decision on a few factors but the greatest will be your credit rating. There are some lenders that will additionally look at your job history and come to a decision based on this but in almost all cases it will hinge on your credit score.

  • Hello there! Quick question that’s totally off topic. Do you know how to make your site mobile friendly? My website looks weird when browsing from my iphone 4. I’m trying to find a theme or plugin that might be able to fix this problem. If you have any recommendations, please share. Thanks!

  • SierraCO CBD says:

    Definitely believe that which you said. Your favorite justification seemed to be on the internet the simplest thing to be aware of.
    I say to you, I certainly get irked while people consider worries that they plainly do not know
    about. You managed to hit the nail upon the top as well as defined out the
    whole thing without having side effect , people can take a signal.

    Will probably be back to get more. Thanks

  • Definitely consider that that you stated. Your favourite justification seemed to be at the web the easiest factor to consider of. I say to you, I certainly get irked while folks consider worries that they just don’t recognize about. You controlled to hit the nail upon the top and outlined out the whole thing without having side effect , other people can take a signal. Will probably be again to get more. Thanks

  • bookmarked!!, I like your web site!

  • Aw, this was an exceptionally nice post. Spending some time and actual effort to produce a really good article?
    but what can I say? I procrastinate a whole lot and never seem to get anything done.

  • Hairstyles says:

    It抯 really a cool and useful piece of info. I抦 glad that you shared this useful information with us. Please keep us up to date like this. Thanks for sharing.

  • KAYSWELL says:

    Howdy I am so thrilled I found your webpage, I really found you by accident, while I was searching on Google for something else, Nonetheless I am here now and would just like to say thank you for a fantastic post and a all round exciting blog (I also love the theme/design), I don抰 have time to browse it all at the moment but I have book-marked it and also added in your RSS feeds, so when I have time I will be back to read a great deal more, Please do keep up the awesome work.

  • katalog firm says:

    There is definately a lot to find out about this topic. I really like all of the points you have made.

  • Do you mind if I quote a couple of your posts as long
    as I provide credit and sources back to your blog? My blog is
    in the exact same area of interest as yours and my visitors would genuinely benefit from
    some of the information you present here. Please let me know
    if this alright with you. Regards!

  • Hmm is anyone else encountering problems with the images on this blog
    loading? I’m trying to find out if its a problem on my end or if it’s the blog.
    Any responses would be greatly appreciated.

  • Gavin says:

    I’m amazed, I must say. Rarely do I come across a blog that’s both educative and entertaining, and without a doubt, you’ve hit the
    nail on the head. The problem is an issue that too few men and women are speaking intelligently about.
    Now i’m very happy I found this during my hunt for something concerning this.

  • Very quickly this website will be famous amid all blogging visitors,
    due to it’s pleasant articles or reviews

  • Romaine VPN says:

    Hello There. I found your blog using msn. This is an extremely well written article. I will be sure to bookmark it and come back to read more of your useful information. Thanks for the post. I will definitely comeback.

  • ロリドール ダッチワイフの購入を検討する際に偽のベンダーに会わないようにするためのヒント

  • Anonymous says:

    ラブドール 私は実際にあなたがここで獲得したものが好きです、確かにあなたが言っていることとあなたがそれを言う方法が好きです。

  • Link exchange is nothing else however it is
    simply placing the other person’s website link on your
    page at proper place and other person will also do same
    in favor of you.

  • What抯 Happening i’m new to this, I stumbled upon this I’ve found It positively useful and it has helped me out loads. I hope to contribute & aid other users like its helped me. Great job.

  • Itís exhausting to seek out educated folks on this topic, but you sound like you realize what youíre speaking about! Thanks

  • Sinf e Aahan says:

    Ridiculous story there. What occurred after? Thanks!
    Sinf e Aahan

  • I do not even know how I ended up here, but
    I thought this post was good. I do not know who you are but certainly you arre going to
    a famous blogger if you aren’talready;)Cheers!

    Hum Kahan Ke Sachay Thay

  • Wonderful website. Lots oof helpful information here.
    I’m sending it to a few paps ans additionally
    sharing in delicious. And of course, thanks to your effort!

    Aye Musht e Khaak

  • Benaam says:

    It’s wonderful that you are getting thoughts from this post
    as well as from our discussion made here.
    Benaam

  • There are some fascinating closing dates in this article however I don’t know if I see all of them middle to heart. There’s some validity however I will take maintain opinion until I look into it further. Good article , thanks and we would like extra! Added to FeedBurner as well

  • I have been explooring for a little for any high-quality articles or weblog posts in this
    sort of area . Exploring in Yahoo I ultimately stumbled
    upon this website. Studying this information So i amm happy to convey
    that I have a very just right uncanny feeling I came upon exactly what I needed.
    I soo much no dout will make certain to don?t overlook
    this website and give it a glance on a constant basis.

    Qissa Meherbano Ka

  • Hairstyles says:

    Wow, marvelous blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your web site is magnificent, let alone the content!

  • I have learn a few excellent stuff here. Definitely value bookmarking for revisiting.
    I surprise how so much effort you set to create the sort of excellent
    informative site.

  • Chong Lawyer says:

    I really like it when people come together and share views. Great website, keep it up!

  • Great post. I was checking constantly this blog and I’m
    impressed! Very helpful info particularly the last part 🙂
    I care for such info a lot. I was seeking this certain information for
    a long time. Thank you and good luck.

  • I actually still can not quite believe that I could be
    one of those reading the important ideas found on your blog.
    My family and I are truly thankful on your generosity and for
    presenting me the chance to pursue this chosen career path.
    Thank you for the important information I obtained from your site.

  • You made some nice points there. I did a search on the subject and
    found most individuals will consent with your site.

  • yunfensc says:

    Having read this I believed it was very informative. I appreciate you spending some time and effort to put this article together. Love Doll Blog

  • bbw sex doll says:

    real sex dolls How do ladies consider love dolls Top 5 Mainstream Female real sex dollss How to Take care of Your real sex dolls HOW TO MAKE Custom made real sex dollsS

Leave a Reply

Your email address will not be published.