Yesterday, the Dallas Stars signed the Capitals captain Jeff
Halpern to
a four year contract worth around $2 million a year. My mom (even more
rabid a Caps fan than I am if you can believe it) thought this was a
mistake, but I’m not so sure. As
reported
by the Washington Post, the Caps are stocked w/ checking-line forwards.
They apparently offered Halpern $1.5 million a year for two years.
Sure, Halpern is a fan favorite – he grew up a Caps fan in Maryland –
but $8 million seems like a lot to tie up in a checking forward /
face-off specialist.
In the “old” NHL, you often saw teams throw crazy money (typically the
same teams every year) at marginal players, hoping they would be the
last puzzle piece to put them over the top and help them win the cup.
Now with the salary cap, I think it’s going to shift from dollars to
contract length – plus all teams will have a chance to be involved, not
just the same five teams year after year. Players want longer contracts
and teams want shorter contracts (go figure). A team in the Stars’
position – Dallas won their division last year but were bounced from the
playoffs by the Avalanche – is more willing to tie up long term money
for short term gain than a team that’s rebuilding as the Caps are.
So while I’m sad to see Halpern go, I think it’s a good move in the long
term for the Caps. As much as I’d like the Caps to be competitive next
year, I’ll believe it when I see it.