Prospect Ramblings: The Salary Arbitration period has begun and continues for next two weeks… (Jul 21)
Paul Zwambag
2016-07-21
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 UPDATE – Chris 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.
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SETTLED Two-year contract worth $1.225M, Cap Hit = $612,500 |
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Kyle Palmieri |
SETTLED Five-year contract worth $23.25M, Cap Hit = $4.65M |
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SETTLED One-year contract worth $650K, Cap Hit = $650K |
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J.T. Miller |
SETTLED Two-year contract worth $5.5M, Cap Hit = $2.75M |
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Dylan McIlrath |
SETTLED One-year contract worth $800K, Cap Hit = $800K |
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Alex Killorn |
SETTLED Seven-year contract worth $31.15M, Cap Hit = $4.45M |
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Jaden Schwartz |
SETTLED Five-year contract worth $26.75M, Cap Hit = $5.35M |
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Marcus Johansson |
SETTLED Three-year contract worth $13.75M, Cap Hit = $4,583,333 |
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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
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Chris Kreider |
*SETTLED Four-year contract worth $18.5M, Cap Hit = $4.625M |
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Brayden Schenn |
**SETTLED Four-year contract worth $20.5MK, Cap Hit = $5.125M |
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Peter Holland |
**SETTLED One-year contract worth $1.3M, Cap Hit = $1.3M |
*
JULY 26
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**SETTLED One-year contract worth $600K, Cap Hit = $600K |
*
JULY 27
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Jordan Schroeder |
*SETTLED One-year contract worth $650K, Cap Hit = $650K |
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Kevin Hayes |
*SETTLED Two-year contract worth $5.2M, Cap Hit = $2.6M |
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Petr Mrazek |
***SETTLED Two-year contract worth $8M, Cap Hit = $4M |
*
JULY 28
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Danny Dekeyser |
***SETTLED Six-year contract worth $30M, Cap Hit = $5M |
*
JULY 29
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Tyson Barrie |
SETTLED Four-year contract worth $22M, Cap Hit = $5.5M |
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Vladislav Namestnikov |
***SETTLED Two-year contract worth $3.875M, Cap Hit = $1,937,500 |
*
AUGUST 2
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Martin Marincin |
SETTLED Two-year contract worth $2.5M, Cap Hit = $1.25M |
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***SETTLED Two-year contract worth $1.95M, Cap Hit = $975K |
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AUGUST 3
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***SETTLED Two-year contract worth $1.225M, Cap Hit = $612.5K |
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AUGUST 4
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Calle Jarnkrok |
***SETTLED Six-year contract worth $12M, Cap Hit = $2M |
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Mike Hoffman |
***SETTLED Four-year contract worth $20.75M, Cap Hit = $5,187,500 |
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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.
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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.
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Feel free to leave comments, questions or concerns below, have fun playing the game of Fantasy Hockey.
Paul Zwambag
@zwambag
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