Prospect Ramblings: The Salary Arbitration period has begun and continues for next two weeks… (Jul 21)

Paul Zwambag

2016-07-21

NHLPA logo - photo courtesy: nhlpa.com

This time of year, we watch closely on those players who are headed for Salary Arbitration…

 

***JULY 27 UPDATE – Only Tyson Barrie (Jul 29), Martin Marincin (Aug 3) and Michael Stone (Aug 4) are left unsigned, the rest have settled.

**JULY 25 UPDATE – Brayden Schenn (Jul 25), Peter Holland (Jul 25) and Frank Corrado (Jul 26) have signed.

*JULY 23 UPDATEChris Kreider (Jul 22), Jordan Schroeder (Jul 27) and Kevin Hayes (Jul 27) have signed.

 

 

A significant amount of players have already settled there player-elected Salary Arbitration. Players usually don’t like to have someone else decide what their worth is so they end up coming to an amount and length of contract before they even have to make their case in front of an arbitrator. If a player does go to a hearing, the arbitrator will come to a decision; one or two-year contract and a specific amount of money. The team can then decide which contract they would like to sign. Teams can only walk away from a contract if the arbitrator’s decision is more than $3.5M and only on player-elected arbitration. With a team-elected arbitration the player gets to decide what contract they will sign when the arbitrator makes their decision.

A majority of salary disputes get settled prior to the arbitrator’s decision, only three players last year were decided by an arbitrator, Mike Hoffman, Marcus Johansson and Alex Chiasson. There were 25 cases elected last year in total.

24 players have elected Salary Arbitration, with one team electied Salary Arbitration. Below is the list of players who have already settled and the dates of the player’s Salary Arbitration cases.

 

Jared

Coreau

  SETTLED

  Two-year contract worth $1.225M, Cap Hit = $612,500

Kyle

Palmieri

  SETTLED

  Five-year contract worth $23.25M, Cap Hit = $4.65M

Jordan

Weal

  SETTLED

  One-year contract worth $650K, Cap Hit = $650K

J.T.

Miller

  SETTLED

  Two-year contract worth $5.5M, Cap Hit = $2.75M

Dylan

McIlrath

  SETTLED

  One-year contract worth $800K, Cap Hit = $800K

Alex

Killorn

  SETTLED

  Seven-year contract worth $31.15M, Cap Hit = $4.45M

Jaden

Schwartz

  SETTLED

  Five-year contract worth $26.75M, Cap Hit = $5.35M

Marcus

Johansson

  SETTLED

  Three-year contract worth $13.75M, Cap Hit = $4,583,333

Mikhail

Grigorenko

  SETTLED

  One-year contract worth $1.3M, Cap Hit = $1.3M

 

*

Players who are still waiting to meet in front of an arbitrator or haven’t settled a contract, here are the dates and players remaining.

 

JULY 22

Chris

Kreider

  *SETTLED

  Four-year contract worth $18.5M, Cap Hit = $4.625M

*

JULY 25

Brayden

Schenn

  **SETTLED

  Four-year contract worth $20.5MK, Cap Hit = $5.125M

Peter

Holland

  **SETTLED

  One-year contract worth $1.3M, Cap Hit = $1.3M

*

JULY 26

Frank

Corrado

  **SETTLED

  One-year contract worth $600K, Cap Hit = $600K

*

JULY 27

Jordan

Schroeder

  *SETTLED

  One-year contract worth $650K, Cap Hit = $650K 

Kevin

Hayes

  *SETTLED

  Two-year contract worth $5.2M, Cap Hit = $2.6M 

Petr

Mrazek

  ***SETTLED

  Two-year contract worth $8M, Cap Hit = $4M 

*

JULY 28

Danny

Dekeyser

  ***SETTLED

  Six-year contract worth $30M, Cap Hit = $5M 

*

JULY 29

Tyson

Barrie

  SETTLED

  Four-year contract worth $22M, Cap Hit = $5.5M

Vladislav

Namestnikov

  ***SETTLED

  Two-year contract worth $3.875M, Cap Hit = $1,937,500 

*

AUGUST 2

Martin

Marincin

  SETTLED

  Two-year contract worth $2.5M, Cap Hit = $1.25M

Brandon

Manning

  ***SETTLED

  Two-year contract worth $1.95M, Cap Hit = $975K 

*

AUGUST 3

Petter

Granberg

  ***SETTLED

  Two-year contract worth $1.225M, Cap Hit = $612.5K 

*

AUGUST 4

Calle

Jarnkrok

  ***SETTLED

  Six-year contract worth $12M, Cap Hit = $2M 

Mike

Hoffman

  ***SETTLED

  Four-year contract worth $20.75M, Cap Hit = $5,187,500 

Michael

Stone

  SETTLED

  One-year contract worth $4M, Cap Hit = $4M

*

Hopefully this has helped with Salary Arbitration, I will try to keep this updated as the days pass and the contracts are settled. Bookmark this page to keep track of what RFA’s status’ are.

***

Also don’t forget to tune in all month to our Feature Stories, 30 in 30 for all of July breaking down every teams 2016 NHL Draft and notes from Development Camp and the offseason.

***

Feel free to leave comments, questions or concerns below, have fun playing the game of Fantasy Hockey.

Paul Zwambag
@zwambag