NHL Free Agency, How It Works and When It Starts
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- เผยแพร่เมื่อ 11 ก.ย. 2024
- Okay, I decided to do this today as another one of those Hockey 101 videos, what with Seattle joining soon and all.
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Shannon making a mean girls reference had me laughing way harder than it should have.
It was SO fetch!
I know right
Me too
You forgot a vital step in the process:
_Every free agent on the Columbus Blue Jackets screws off to greener pastures._
Every free agent on >my team screws off to greener pastures
You think Columbus has a hard time retaining free agents, imagine how hard a time Cleveland would have
sad but true
That’s what happens when tort is the coach …… people and GM’s should know this . Unfortunately that man breaks teams apart instead of unifying them
@Al Dunn (Algdun) coming in the same year as another team in a more traditional market didn't help either
Gary, please just give Shannon the Cleveland Barons. He really wants them back. Make it happen.
Maybe they can do it Winnipeg style by shipping Columbus up north. Can't possibly hurt as long as they don't make the mistake of the old Barons and stick their arena thirty miles outside of town.
Just move the Leafs there.
I want them back too
@@maxpowr90lol that was cold
@@MisterVercetti you mean like the Stitsville Senators?
Really appreciate the work you're putting into diminishing gatekeeping in the game, it's shameful and hopefully you inspire some new hockey fans and maybe make some existing ones more open-minded to newbies.
NHL Network used to be free to watch in pirate sites...but the league seems to have came to an agreement: stream the matches with a lag of 30 seconds but not with the channel.
@@mariofarias533 I personally despise NHL Network. I used to live about 200 miles away from the Shark tank. Where I lived there was no way to legally watch Sharks games when they were on NHL Network. It was blacked out on NHL Network, it was blacked out if you paid for the NHL package with Directv (dish network? It's been a few years). None of the bars could get it on. Any other game you could get via the NHL package but games on NHL Network just weren't permitted.
Agree 👍
What gatekeeping?
@@machineunit Gatekeeping refers to limiting access to something. In this case, Older fans of hockey have a tendency to try and limit how many new fans discover and enjoy hockey
This man is a machine. He literally makes these videos non stop for our benefit while asking nothing in return. We’ve done nothing to deserve THG.
Arizona moves to Cleveland in the middle of the night and becomes the Barons.
Somebody get Mayflower on the phone!
Toronto should sign Wayne Gretzky
Too late. He already signed for TNT/TBS!
Dubas should low ball him with nine million instead of ten
Dubas would give him everything.
With the clause "Scotiabank Arena will hereby only sell Wayne Gretzky whiskey and wine on game nights."
Dwayne Glensky
Gary: "But if Cleveland gets a team, Montreal will want a 2nd team."
Meanwhile, in Quebec City: ..................
I love it when you make video's like this, it's very informative, both for young fans learning about the league and how things work, and for older fans like myself who sometimes like to be reminded just how things do work in the NHL. Great job!
Cleveland. Quebec. Hamilton. Houston. Make it happen, Gary!
Hamilton is actually upgrading their First Ontario Centre so Maybe?!?!?
Thanks for this, Shannon. I'll almost be a proper NHL fan next season with all the knowledge I'm amassing
Love seeing that Barons gear! My first in-person NHL game was in 1977, Montreal at the Richfield Coliseum.
Mine was the first game. October 6, 1976 at the Coliseum vs. The Kings.
@@joef5416 Nice! I thought the Coliseum was a great place for hockey. Enjoyed several neutral site games there in early 90s also. Wish the NHL would bring that back!
@@mikekole I remember seeing Gretzky and the Kings vs. the Penguins there for an exhibition game there in the early 90's
@@joef5416 Pens or Wings games there were like home games. I saw Pens-Oilers, 2nd or 3rd game back for Mario after Hodgkins, the place was electric!
@@mikekole or Buffalo
NHL announcing the Cleveland Barons are Back…. Arizona moves and THG has been picked as GM…….Film at 11
Free Agency starts whenever Taylor (OVER rated) Hall makes his annual search for new employment
And now the Cleveland Baron is your profile pic
Mean Girls 😂🤣 you get more and more awesome each video Shannon, keep up the Epic work.
1:55
why I love Shannon's channel, the Mean Girls References
Never understood why there were not plenty of offers in that 2.2 to 4.3M range. An NHL ready player that would sign in that range is worth a 2nd almost every time.
2.2 to 4.3 is probably not enough to make a player interested.
And, well, if the player decides to sign it, it will be matched anyway.
As a fan of a rebuilding team this was a great explanation about why you can no longer buy a championship. It's not even the salary cap its compensation. You can buy a guy but you won't be able to keep it going because later down the road you won't have trade pieces. The video was eye opening.
Any RFA that is worth 2.2 to 4.3 is most likely an up and comer and is probably performing pretty well. Unless there is some sort of drama on the team the offer would likely be matched. If a team suspected a pending RFA was not worth retaining it's more likely they would dump them before trade deadline. If they are worth 4million a year you could probably do better than a 2nd round pick to the right team trying to get a playoff run started.
@@iliaponomarev1624 Reply they would likely match. As a Bruins fan, guys like Brendan Carlo, Matt Grzelcyk, Jake Debrusk each would have been in the this range. All worth a 2nd round pick.
@@cameronward9443 If GMs weren't afraid to use it there's still value in using offer sheets. In 2010 the Sharks offer sheeted Hjalmarsson from the Hawks for 4 years,$14M ($3.5M AAV, 5.89% of the cap) right after they won the cup. The Hawks matched the offer sheet but weren't able to afford to re-sign Niemi afterward and the Sharks swooped in and signed him to a 1 year $2M deal. Whether or not the Nemo signing was great for the Sharks in the long run is a different story but it could absolutely be weaponized.
The Lightning this year (say what you want about the Kucherov situation) looked to be cap strapped and had 2 reasonably interesting RFAs in Sergachev and Cirelli. Each player got matching $4.8M AAV deals but giving one of them a higher offer sheet could've forced them to choose which they wanted to lose. Of course they'd have waited the full 7 days and attempted to get the other play locked up in that time before matching and it's unlikely both of them could be offer sheeted simultaneously by the same team unless the pick compensation didn't overlap.
Last place I was expecting to hear a Mean Girls reference but boy do I appreciate it. So fetch.
I believe Shannon should be employed by the NHL as a hockey 101 professor..
My only Cleveland Barons story: In Feb 1971 my father got tickets for a Canadiens game in Montreal. They were hosting the Minnesota North Stars. As a 13 year old I was super excited at the notion of seeing my first NHL game and my favorite team, the Habs. My parents and I flew from Fredericton to Montreal and stayed at the Laurentian Hotel. We went to the game and it just happened to be the night that Jean Beliveau scored a hat trick and his 500th goal. The place was nuts. Two North Star players were from my neighborhood, Danny Grant and Buster Harvey. Now the Cleveland Barons part. My father got great tickets for the game the next day between the Cleveland Barons (Minnesota's AHL farm team) and the Montreal Voyageurs. Ken Dryden was playing for the Voyageurs at the time. In the morning of the game, I got to have breakfast with Tom Polanic, a player on the Barons. Then ran into Rusty Staub (le grand Orange) in the lobby of the hotel. Exciting times for a 13 yr old. The following year I got to spend about an hour with Beliveau when he visited Fredericton.
Shout out to all fans of the Barons, North Stars, Nordiques, and other fallen greats!
Must be one of the worst things for you North American’s. I can’t imagine being a passionate fan of a team and then they just move lol
@@jimothypersson8306 Indeed, it's terrible. I was a passionate fan of the Minnesota North Stars for almost 20 years, and then they up and moved to Dallas, Texas. Awful.
@@PuckDudesHockey damn I really fee for you. At least you got the wild now but still. In Sweden we have the 51% rule which mean members own 51% of the clubs shares (by law). That way 51% of the members would have to think the club should be moved for it to move
"The other fallen greats":
Atlanta Flames, Atlanta Thrashers, California Golden Seals, Montreal Wanderers, Quebec Bulldogs, Hamilton Tigers, Pittsburgh Pirates, Philadelphia Quakers, Ottawa Senators, St. Louis Eagles, Montreal Maroons, Brooklyn Americans, Kansas City Scouts, Colorado Rockies, Winnipeg Jets, and Hartford Whalers.
That being said, likely not too many fans of the depression era or earlier teams still around.
@@jonmendelson1104 I still miss the Vancouver Millionaires😭
Go Barons!
Wohoooo! Thanks for doing this, Shannon!
As someone who is mainly accustomed to 2nd and 3rd league hockey in Germany, the whole NHL rules and stuff were and still are foreign to me. I wanted to understand how the RFA, UFA and stuff works, but couldn't really understand the NHL-rule-language. Thanks for explaining it in a way that normal humans can understand!
If you want a slightly more in depth dive into how some of this stuff works you might want to check out capfriendly.com . In the header they have a tab called CBA and it has a bunch of different FAQs. In the CBA FAQ section ("What is an unrestricted free agent (UFA)" section) it gives the specifics of age/dates/details on what the requirements are.
I have no affiliation with them, just regularly use the site since I'm the type of person who frequently goes down rabbit holes where I start looking for a random tidbit about someone's contract or something and then wind up reading pretty much every detail of the rules.
I think Shadow wants his own channel...."Bath time with Shadow"
Love the Barons jersey. Memories of Gilles Meloche and Dennis Maruk
Let's get Shannon to 200K y'all!
The one thing people forget about offer sheets is how the total money gets divided by 5 instead of 7 if there's that amount of years in the offer sheet so even if you do an AAV of 5 over 7 years, it will actually count as a higher compensation level
Played against the Cleveland Barons youth organizations for years growing up, always a solid AAA team and better jerseys.
Kudos for the vintage Barons jersey!
Series idea
Go through each teams history and go through a brief history year by year going through the teams ups and downs and even sharing some personal stories of the teams.
Keep up the content, I love your videos hockey and don’t know what I would do without them, thank you.
He sorta has some of them. It would be a cool series though.
he’s done that
Toronto should sign me for 100k.
I'm much cheaper then Marner and I'll score as many Goals as him in the playoffs
But can you pass lol jks
Not allowed. Minimum salary is 700k. That being said, I really hate the stupid argument that people make about Marner not scoring goals. He's a playmaker, his job is to get assists. I'm a Sharks fan and I frequently saw the same comment about Jumbo (when he was in his prime). He only scored 22 goals (sure, but he had 92 assists). Also, why just promise that you'll score as many goals? I'll score at least 100 times as many goals as he scored.
@@jonmendelson1104 Cause 100 times 0 is still 0 dude
@@malekiththeeternityking5433 Yes, that was the point of the joke.
This guy’s the best, answered every question I’ve ever had about rfa’s, offer sheets, ect lol
You have taught me so much about this sport! 👍🏼
That Cleveland Barons jersey is awesome.
Crazy how much the offer sheet compensation has changed over the years. $6.5M only requires compensation of a 1st and 3rd? I’m very surprised some cap strapped teams (Toronto, Tampa, Boston, Chicago, etc) haven’t been poached in recent years.
Great video. Pondering about how reasonable a 4 1st picks compensation is and how quickly it escalates from 8,726 and on. Makes sense why we got as few offer sheets as we do.
I definitely think at least one offer sheet will be used this summer. This is the best RFA class in a long time (Makar, Hughes, Dahlin, Heiskanen, Petterson, Svechnikov, Kaprizov). I also think that signing an offer sheet is a better idea than people realize. To trade for most of these high profile RFA's it's going to cost a lot more then four firsts so it's smarter to sign them because contenders don't care about picks.
LETS GOOOO CLEVELAND!!!!!!!
Is it just me or was Shannon about to say "the young players teams don't give a rats ass about" talking about the non qualified RFA's
I'm glad someone else caught that 🤣
I love the barons sweater!
Dude, love the barons Jersey.
representing my hometown with the Barons
Can please make a video explaining the ELC slide rule?
Grabbed from the CBA FAQ on capfriendly:
If a player who is signed to an entry-level contract and is 18 or 19 years of age (as of September 15 of the signing year), does not play in a minimum of 10 NHL games (including both regular season and playoffs; AHL games do not count), their contract is considered to ‘slide’, or extend, by one year. For example, if a player signed an ELC for three seasons from 2015-16 to 2017-2018, and their contract slides, their contract is now effective from 2016-17 to 2018-19. An exception to this rule is that if the player is 19 on September 15 of the first year of their contract, and turns 20 between September 16 and December 31, their contract does not slide.
Players who sign at 18 years old are eligible to have their contracted extended for 2 seasons. This extension does not apply if the player turns 20 between September 16 and December 31 in his signing year. Signing bonuses do not slide, and are paid to the player regardless of a slide, this causes the annual average of the players contract to change, and therefore the cap hit decreases for this player.
The only sad part about no negotiating period is stuff like Steve Dangle screaming on July 1st that "JOHN TAVARES IS A LEAF!!!!"
The only prominent draft pick I can think of who just flat out refused to sign with the team that drafted him was Eric Lindros, for better or for worse. The NHL is more known for its off-ice humble gentleman (regardless of the on-ice extra-curriculars) than any other sport. Even the bad boys of the sport tend to tone it down when they're not actually on the ice - unless your name is Jeremy Roenick or someone like that.
Love that jersey
Toronto traded their picks back to try to get Kessel. It didn’t matter in the end but Burke wanted to push it to Boston.
Don't Say that! After the Aho OS, I'll be so mad if Svech gets OS'ed!! haha
One thing you neglected to mention while discussing offer sheets is that if the contract is for 5 or more years the calculated salary is based off 5 years (ie: a 7-year, $50 million offer sheet would be treated as a $10 million AAV deal for compensation purposes rather than $7.14M so it would require an extra first round pick).
(I swear I have no affiliation with them but here's a plug I feel like could've fit in this video): capfriendly.com is a pretty great site for a lot of this stuff. They have up to date information of people getting signed, details of the contracts, a lot of useful FAQs (waivers, offer sheets, buyouts, ...) and calculators (buyouts, offer sheets, income tax, expansion draft...).
Which happens first: Eichel being traded or Jack and the Sabres going to medical arbitration?
……..yes.
You can acquire a player and flip him
So not only is my phone going to be blowing up with Happy Birthday messages, I'll be getting sports app notifications too lol. Splendid.
Your Cleveland Barons jersey and the subject matter have coalesced in my mind with an idea for you to consider.
Mock resurrection of that franchise instead of Seattle but you, Shannon, are the GM. What players would you pick? This could be fun.
Nice jersey, i had a California Golden Seals jersey
Not gonna lie, I thought Mean Girls was a pretty good movie
Lindsay Lohan was so hot in that movie
@@craigyoung4156 wasn't she like 15?
@@robert48044 think she was older then that
12:15 you’re thinking of kessel going to toronto
Just so you know, today is the 43rd anniversary of the NHL permitting the Barons to be merged into the North Stars. The best part was the dispersal draft - the other 4 teams that missed the playoffs plus the Rockies were allowed to pick players from the merged team - and THREE of those teams declined.
Lol at that attendance joke.
Owen Power on NHL network said “Buffalo would be a great fit for me, my family is close by”.
Bring back Cleveland 😂
Your channel is awesome 👏
I think Toronto should just sign everyone to league min and win
Toronto should have signed Trotz, his roster is competitive.
Great job Shannon
A second string goalie can be readily found in UFA/trade and afforded more than a second string center. So this is a telling/cautionary tale about selecting goalies high in the entry level draft as there seems to be a surplus of veteran net minders in UFA than trying to locate and competitively sign UFA second line centers or even forwards for that matter.
So draft skaters and let teams develop and allow goalies to enter the market or find new teams. Mrazek is a key example, Detroit wanted to hang on to Howard way too long and alienated Petr who wanted out.
Detroit developed Mrazek and he plays in Carolina.
6:37 That started with Lindros *happy Flyers fan noise*
Can you someday make a video about buyout works? Never really learned how it works
Easy peasy:
Money owed to player in a buyout is either 2/3 (26+ years old) or 1/3 (25 and under) of their BASE SALARY on remaining years. Any unpaid signing bonuses will be paid in full. That amount is then paid out over 2x the length of time being bought out - so buying out a player with 2 years remaining will result in 2/3 of the salary owed and then spread out over 4 years instead of 2.
The cap hit is a lot of math, but fairly straightforward. (1( First step is to calculate money owed by year - including post buyout salary + remaining signing bonuses. This is the Post Buyout Earnings.
(2) Then a year by year savings is calculated by subtracting the pre-buyout earnings (salary + signing bonuses). Both this step and the last step are on a cash basis which may or may not be the same as the AAV/cap hit.
(3) finally the cap hit by year is found by taking the original amount owed - again in cash terms - and subtracting the cash savings from step 2.
The buyout calculator on capfriendly.com is super useful when looking at individual players as they have both cash figures and cap figures for every player, so this arithmetic become trivial to calculate and they have done so on the site.
Since the cap is flat for few years, the possibilities of one or two offer sheet might go through this offseason. It's been quite awhile since offer sheet actually goes through (Dustin Penner in 2007-08 from Ducks to Oilers)... Quite an opportunity for teams like NJD and Red Wings to get some quality RFA in the market.
P.S : No St Louis Blues, you cannot go rampant on offer sheet like in the 90's. Your cap situation is mind-boggling right now.
While it's been awhile since an OS went through the most recent "successful" OS was more recent than that. The Sharks OS'd Hjalmarsson from the Hawks in 2010 and then signed Niemi after the Hawks used their cap space to match the OS.
Went down the offer sheet rabbit hole after this video, and the stuff with Scott Stevens in the early 90's was a complete debacle...5 first round picks, and they ended up losing the guy a year later.
Great informative content, good way to break it all down
I feel like Carolina got more references in this one video than a normal month of any mainstream analysis.
I could see offer sheets this year with the flat cap era. If I wanted to hurt a team in my division (lets say Colorado) then offering Makar a huge deal which force the avs to match could decimate the rest of their signings.
No way Cale Makar gets 10 mil a year this offseason.
@@calinmarian98 You're forgetting that offer sheet compensation isn't based purely on average salary. If an offer sheet is 5+ years then the compensation is based on the salary over 5 years (ie: 7 year $50 million offer sheet would have a $10M AAV compensation).
Cleveland Barons merged with the Minnesota North Stars.
I think a thought provoking video would be which free agents Seattle would go after and which could be interested
Fantastic video,thank you
Don't forget teams can give player/agent the green light to talk to other teams.
Leafs traded to get a pick back so they could try to do something, twice in the last decade at least. Didn't work out for the Leafs.
Can you do a video summarizing the knights expansion draft and all trades that got them to where they are today? I can't say im a fan, but those that are are livid when hearing they had it too easy, so im curious whether they have a point that it was just crazy good trades they made. I seriously doubt it, but willing to hear about a full summary.
Shannon, you know Canadians learn FA, RFA and all that at birth.
Shadow and Bear such good kitties cleaning themselves
Would you please do a video on why Corey craford won't be a hall of fame candidate, I'd especially one to hear your thoughts as a Vancouver fan.
Another great video
Hey Shannon , question for ya' . Should there be 1minute penalties ? Many times 2 minutes seems over punishing for some infractions . Keep up the GREAT work . Big fan .
My head hurts
Montreal had offer sheeted Point too, but Point declined.
Thanks for Stetcher btw
Flyers need to go all in on Hamilton
I like the 4 Horseman 4 fingers...
Pretty sure it's not draft picks the year of. It's the next picks you have of those picks in the 4 years.
Oilers had to get there third back from islanders to offer sheet Penner.
Question for all: Why do teams allow obviously valuable players to walk into free agency? Why not trade them for some assets? Eg Jacob Markstrom (Vancouver, then signed as FA by Calgary)? Thank you!
I guess the upside to EP40s injury this season is it will take longer for him to be UFA. Hope we see a cheapish deal for 3-4 years
What do you think Ottawa is gonna do with all their prospects? They have had like 10 + picks in the last couple drafts, only 3 years before they need to be signed, only 50 contracts max , still need NHL contracts (Chabot,Tkachuk guy on the team already etc) guys like Stutzle already signed and playing, bottom line they are gonna get to a point where they will not be able to sign/keep some of these recent draft picks. Gonna need to start making 2 for 1 trades
Edit: what about eichel to Ottawa lol rival of his buddy matthews
Is it not time to dump the offer sheet? All it does is kill your reputation as a GM. And it leads to escalation.
You have the Barons jersey since its a Dallas Stars ancestor jersey dont you?
When you were talking about Non-Qualified RFAs and the December 1 deadline, you also added, "Unrestricted free agents that sign have to go through waivers." 4:12.
Is that a special condition, or do all UFAs get exposed to waivers? I do not think the latter is true -- as far as I know, UFAs are unrestricted. Can someone explain?
Shannon does the NHL allow trading between the eliminated teams of the playoffs now or do they have to wait until the Expansion and or Draft?
Trades can happen at any time as far as I’m aware, but if you trade past the deadline those players are not eligible to play in the playoffs for that season.
@@kolenadeau1345 I say this because the Leafs were eliminated from the Playoffs last year and Kapanen got traded two weeks later while the Playoffs were still going on I believe
Believe they can agree to terms but not official until after playoffs
@@seanmcmanus393 Nah, it can happen any time. As Kole said the player just can't play the rest of the season and generally all of the focus is on players for the current season.
Oh my god I suddenly got so excited hearing a cat make a noise they're usually so quiet
Here for 1:53
that cat lol
the cat though