Ovechkin (sp?) signs 13-year contract worth 1/8th of a BILLION$

[AlphaDog]

1/8th of a billion just sounded good for a topic :)

13 years, for $124 million

Not bad for a near-rookie.

Where a team like Washington can come up with that kind of cash is beyond me. Even spread out over 13 years. I guess policital corruption pays well in the nation's capital :)

[WellandDogsFan]

Makes you wonder where all the money garnered by political corruption goes in TO.

[habsfan]

:cursing: :crying: :scared: :confused1: :mad:

Pretty much covers how I feel about this contract and how overpaid for the most part they all are...

Don't bring up that is the going rate or that is what the market will pay! It's absolutely ridiculous! I will not listen! :closedeyes:

[AlphaDog]

Makes you wonder where all the money garnered by political corruption goes in TO.

Toronto can't run a hockey team *OR* their city. That city's big time broke. They're trying to crank up property taxes and public transit to stick a bandaid on things, but that city's being run into the dump. Hey, maybe it's BECAUSE of the political corruption taking too much of the tax dollars and going into private coffers. Nothing left over for the public :ohmy:

[WellandDogsFan]

Political corruption isnt a USA just phenomenon.

[AlphaDog]

Political corruption isnt a USA just phenomenon.

Hence my entire message ^^ 2 msgs up ^^ :tongue_smilie:

[RioBravo]

Wow... Play 2 great years of pro hockey and you have the life of a god.

[AlphaDog]

I wonder what Crosby's next contract will look like...

[leafs_fan77]

I wonder what Crosby's next contract will look like...

Yeah really haha.

But I think signing a player to more than 6 years at a time is taking a big risk. That is a long time, and alot can happen in 13 years. What is Ovechkin gets seriously injured. Or gets a short term injury and comes back and just doesn't play the same anymore. They better hope he stays the way he is all through these 13 years.

[GoDogsGo]

wow that is crazy.... 13 years IS a long time... and in 5 years he may not be able to play due to the "new NHL" and new players comming in... bad decision i think.

[AlphaDog]

Yeah really haha.

But I think signing a player to more than 6 years at a time is taking a big risk. That is a long time, and alot can happen in 13 years. What is Ovechkin gets seriously injured. Or gets a short term injury and comes back and just doesn't play the same anymore. They better hope he stays the way he is all through these 13 years.

Yah 13 yrs is stupid - the GM might have thought that with a long contract, you can get the player to sign for less overall. But players just refuse to play when they think they're being underpaid anyway! So if he's getting almost $10M a season in 5 yrs, and at that time it turns out players of his ability are averaging $13M a season, chances are he'll just pull a Yashin and refuse to play until his contract is renegotiated.

And not to mention, there's no guarantee the player will be around that long due to injuries, whether he'll develope relationship problems with the club, whether his skill will stay high throughout, etc..

Dumb, dumb, dumb....

[habsfan]

The teams have insurance in the case that a player is injured and can no longer perform (career ending). So they are protected that way, but all the other potential negative scenarios mentioned earlier are still quite valid.

However, these contracts still stink! :ack2: