Showing posts with label agents. Show all posts
Showing posts with label agents. Show all posts

Monday, January 24, 2011

TEEBZ'S NOTE: I apologize for not publishing this on Monday night, but I wanted to be sure I had everything right. Apparently in my course of pointing the finger at Evgeni Nabokov this weekend for his holding out on the New York Islanders, some people feel that I may have taken the wrong stance on this. I understand that there may be some confusion with regards to the stance I presented, but I need to clarify some major points. The discussion on that article is very good, and I want no one to feel they have to agree with me in any way if they feel that I am wrong. That's the entire basis for a discussion from what I understand. Instead, we need to look at the cold, hard facts of this discussion, and determine what is right and what is wrong from this situation's standpoint.

First, I want to say that I have no problem admitting that I am wrong, and I will state that in this article. I made an error earlier this evening when I posted a comment, and I will clarify my misunderstanding and misreading of another article. I can assure you that I have no problem being wrong, and that it happens more often than I'd like to admit. That being said, let's work through the facts.

  1. Evgeni Nabokov signed a contract with the Detroit Red Wings. From what I understand, Ken Holland offered Nabokov a pro-rated contract that covered the remainder of the season, and Nabokov accepted the terms and signed the deal. The contract was then validated by the NHL, and Nabokov just needed to clear re-entry waivers for him to join the Red Wings for the remainder of the season.
  2. The Detroit Red Wings placed Nabokov on re-entry waivers in order for Nabokov to join the Red Wings. The reason he is placed on waivers is because he started the season in the KHL. The NHL CBA states that any player who begins the NHL season playing outside North America must clear re-entry waivers if he is signed by an NHL team during the current season. (Teebz: I made an error here, and I'll clarify my misunderstanding below.)
  3. The New York Islanders, needing an upgrade in goaltending from their current options, claimed Evgeni Nabokov on re-entry waivers from the Detroit Red Wings. Most likely, there were several teams who placed a claim on Nabokov, but the NHL rules state that the New York Islanders would be the team to claim Nabokov. The reason for this is that after November 1, the "priority is set by the League standings at the time the waiver request is submitted; the team with the lowest percentage of possible points has 1st priority". Because neither New Jersey nor Edmonton put a claim in on Nabokov, the Islanders received first priority.
  4. Evgeni Nabokov refused to report to the New York Islanders despite signing a valid contract that the Islanders had to honour.
Ok, so we know these facts to be the cold, hard truth. While the details surrounding these facts can certainly be debated and discussed, there's no denying that Nabokov signed a contract with Detroit, that he was put on re-entry waivers, that he was claimed by the New York Islanders, and that he refused to report to Long Island.

Where I screwed up, and I apologize for my mistake, was in the option to trade Nabokov if the Islanders wanted to do so. In fact, they cannot without putting him on re-entry waivers themselves, and then the option for his rights would go to the next lowest team in the standings who put a claim on Nabokov through waivers. I messed that part up totally, and I apologize for my oversight in the discussion on the comments.

Back to the problem at hand....

There are certainly a number of factors that could have influenced Nabokov to sign with Detroit - the chance at a Stanley Cup, the opportunity to stick it to the San Jose Sharks, a chance to do both in the same season - but the fact is that he signed with a team that is sitting in fourth-place overall in the NHL standings. That means there are 26 other teams below Detroit in the standings that could put a claim in on Nabokov once he hits the re-entry waiver wire.

I fail to believe that Nabokov's agent, Don Meehan, didn't know about what may happen once Nabokov hit the waiver wire. Meehan has been around hockey since the early-1980s as a player agent, and his company, Newport Sports Management Inc., has over 100 current and retired NHL players on its client list. He's been involved in some very tough negotiations over his career as an agent, and he's certainly astute when it comes to the NHL's contractual agreements.

Blaming the agent, in this case, for not knowing the NHL's waiver rule seems futile. Meehan knows. And if he doesn't, he's certainly been fooling a lot of people with his knowledge of the NHL's workings. My guess is that Nabokov was advised by Meehan to sign with Detroit, and walk away if any non-playoff teams claimed him through the waiver wire.

One commenter, Joshua, got me thinking when he said that it was Nabokov's right to determine where he chooses to play. While this is certainly true if he was a free agent, he's fairly limited once his signature is on a contract. But the opportunity to win with a good team rarely comes along as good teams rarely need a goaltender when they are winning. Therefore, Nabokov jumped at the opportunity to join a contender as Detroit was in the position of needing a goaltender with Jimmy Howard hurting, Chris Osgood on the shelf with surgery, and Thomas McCollum out with a broken finger.

Where Don Meehan comes into play is that I feel that Meehan would have advised his client of the re-entry waiver rule as his counsel, and then proceeded to let Nabokov decide his own future. In a way, Meehan did his job while technically not doing his job as Nabokov's contract advisor. Can I blame Meehan for Nabokov's decision? No, not without some sort of concrete proof. Ultimately, the decision to sign with Detroit still comes down to Nabokov because his hand holds the pen that signs on the dotted line.

Where Meehan's advisory role may have come into play is when the New York Islanders claimed Nabokov once he hit the waiver wire. And here's why: I don't know what relationship Don Meehan has with the New York Islanders, but of all the players he represents as an agent, only five of them are New York Islanders: Josh Bailey, Travis Hamonic, Matt Martin, Matt Moulson, and Rob Schremp. Clients Peter Mannino, Pat Lafontaine, Ryan Smyth, Andy Sutton, Trevor Linden, and Mike Peca all left the confines of Long Island, and never returned as an Islander. Do we see a trend here?

Of course, there has been an endless amount of turnover in personnel on Long Island in the last two decades, so I can't really say that Meehan's clients are recommended to sign elsewhere, but you would think that fan favorites such as Mike Peca and Pat Lafontaine - two captains of the Islanders, no less - would have stayed or returned to the Island if they had the chance. Instead, they took their talents elsewhere when the opportunity arose. Again, where the player ultimately decides to sign is his choice, but the player's agent certainly has some influence on that decision.

Going back to the advisory role that Meehan plays, I think that Nabokov wanted to sign with Detroit for a chance at a Stanley Cup, and that he may have taken a shot at a Stanley Cup had teams like Chicago, Vancouver, Pittsburgh, or Philadelphia came calling. But once the opportunity for a long playoff run vanished with the waiver wire claim by the Islanders, Nabokov said "no thanks" despite having signed a valid contract with Detroit. And I think that Meehan may have told Nabokov that if he gets claimed through waivers to just sit it out.

Think about it: if you don't get a chance at a Stanley Cup, why risk injury on a team that sees more rubber than a Goodyear factory? As an advisor, that kind of advice is gold to a player, and I think Nabokov wouldn't bat an eyelash if he was told this.

Again, Meehan knows the waiver rules. There's absolutely no doubt that he's one of the most intelligent and successful agents in hockey today, so he knows what he's doing when it comes to these kinds of situations.

As for Nabokov, I think he knew exactly what he was doing when he signed the contract with Detroit: Stanley Cup or nothing. He doesn't need the money, and he doesn't need the hassle of playing with a bottom-feeding team like the Islanders. So why risk anything by leaving the California sun to play on Long Island?

Oh yeah, there's that little contract issue. If Meehan and Nabokov knew about this waiver issue going in, a bare-bones, minimum salary contract wasn't going to stop them. That's just a minor inconvenience right now. Through this whole ordeal, it seems Nabokov's team never lost sight of their goal: Stanley Cup or nothing.

Who needs free agency in this day and age when you can choose who to play for after half the season is over?

Until next time, keep your sticks on the ice!

Monday, July 19, 2010

Honestly, I can't figure this one out. The image to the left could be Ilya Kovalchuk when his contract finally runs out with the New Jersey Devils. You see, according to reports, Kovalchuk will be introduced as a New Jersey Devil tomorrow where it is rumoured he will sign a seventeen-year, $102 million contract. You read that correctly. A child born today will be 17 years old when Kovalchuk's new contract has finally expired, making the Russian a free agent/pension collector. Kovalchuk will be 44 years-old when the contract expires, thereby guaranteeing he'll be a New Jersey Devil for the rest of his NHL career barring any trade made by GM Lou Lamoriello that involves Kovalchuk.

Let's break this down so you can see how 17 years of $102 million shakes down. Kovalchuk's age at the time of the salary shifts will be in parentheses:
  • Years 1-2 (28-29) = $6 million annually.
  • Years 3-7 (30-34) = $11.5 million annually.
  • Year 8 (35) = $10.5 million.
  • Year 9 (36) = $8.5 million.
  • Year 10 (37) = $6.5 million.
  • Year 11 (38) = $3.5 million.
  • Year 12 (39) = $750,000.
  • Years 13-17 (40-44) = $550,000 annually.
Putting this in more relative terms, Ilya Kovalchuk earns more money than some small countries on the planet from 2012 to 2017!

Here's why I have zero respect for Ilya Kovalchuk: he just proved he's bigger than any team. He turned down a twelve-year, $101 million contract from the Atlanta Thrashers before being traded to the New Jersey Devils after it was revealed that the Thrashers went as high as they could according to salary cap rules. The Los Angeles Kings offered him a fifteen-year, $80 million deal that would keep the Kings competitive by not destroying any cap room created by GM Dean Lombardi, but Kovalchuk again balked at the deal.

Instead, GM Lou Lamoriello got a little creative by tacking on five-to-six-years of contract that is just barely above the league minimum in order to give himself some wiggle room when it comes to signing other important players. Like Zach Parise, for example. They gave Kovalchuk exactly what he wanted: ten years at $10 million per year on average. In order to give him that, Kovalchuk had to agree to "accept" $3.5 million over six years at the end of the contract to give the Devils what they desperately needed: a cap hit of $6 million annually.

Kovalchuk gets what he wants: a ton of cash to play hockey.
Lamoriello gets what he needs: a superstar in Kovalchuk, and cap room to spare.
Devils fans gets what they want: a legitimate superstar who won't leave before he's 38 (most likely).

I just don't like this deal.

The Devils, particularly Lamiorello, did exactly what he's allowed to do, but he's skirting the cap rules to take advantage of a loophole. Why can't the Penguins sign Sidney Crosby to a 70-year contract so that the cap hit is a meager $10 per season? Can the Los Angeles Kings sign Drew Doughty to a 50-year deal that allows his cap hit to be no more than $100 per season? Doesn't this seem ludicrous to you?

This back alley deal between agent Jay Grossman and GM Lou Lamoriello stinks. It's not like Kovalchuk will be playing past the age of 40. Heck, there aren't many stars who stick around at the age of 37 when Kovalchuk will still be earning a healthy $6.5 million for his work. Kovalchuk will still have seven years of salary left at 37!

Look, I'm not complaining about the rules, but the NHL needs to put its foot down. The salary cap was designed to keep salaries in check and to allow all teams to pursue free agents if they had the cap room. By signing Kovalchuk through to the ridiculous age of 44, the New Jersey Devils have now proved that the salary cap rules are simply designed to be broken. If I'm one of the other twenty-nine owners, I'm calling for Commissioner Gary Bettman to step in on this one.

Otherwise, if I'm Ray Shero or Peter Chiarelli or Dean Lombardi, I'm signing all my star players for the next sixty years. And no one will have a shot at any of my talented young stars.

Until next time, keep your sticks on the ice!

Thursday, July 8, 2010

It's Thursday, and there aren't a lot of major hockey stories that are dominating the headlines today. There's some basketball player who was holding a press conference to announce he signed a contract to play somewhere, but who really cares about basketball? There are more important things going on in the world of sports than some player making a mockery of his sport and league, so let's get off that island. We've got player news, uniform news, and a Russian who is all about the money, but has yet to show up when it really matters. We'll kick it off with that story. Let's go!
  • The Los Angeles Kings' saga of being in and out of the Ilya Kovalchuk sweepstakes sees the team out of the running again after they rejected agent Jay Grossman's counter-offer to the contract proposed by the Kings. Here's a quick tip for both Grossman and Kovalchuk: win something, and then ask for more money. Kovalchuk has yet to advance past the first round of the Stanley Cup Playoffs, yet he's asking for Gretzky/Lemieux money. Personally, I wouldn't pay it.
  • The Vancouver Canucks make a couple of appearances today, but we'll start with the retirement talk. A third banner will be raised to the rafters at the newly-named Rogers Arena this year as the Canucks have announced that Markus Naslund's #19 will be retired. Naslund captained the Canucks from 2000-2008, and is the franchise's leading scorer. Naslund was a major player in community initiatives, so this will be special for the city of Vancouver and Naslund himself. He joins former captains Stan Smyl and Trevor Linden as the only men to have their number retired by the Canucks, and the ceremony will go down on December 11, 2010.
  • The arena that the Canucks call home got itself a new name after General Motors decided to not renew their naming rights for this upcoming season. GM Place, affectionately known as "the Garage", will now be called Rogers Arena as the telecom giant puts its name on another sports facility. Rogers has the rights to the name on the Vancouver arena for the next ten years. GM, in their defence, will remain as a major sponsor inside the building as they push the Chevrolet brand.
  • The Canucks also showed off their 40th Anniversary throwback jerseys, complete with patch! Lots to like on this jersey: monsterous logo, 1970s-style captaincy letters, the "V" on the sleeve stripes, no names on the back of the jersey, and great hockey stripes. The hates? That damned Reebok logo, the curved hems at the bottom of the jersey, and tapered collar into the NHL shield logo. Look, I get the sponsorship angle in terms of having Reebok design these uniforms, but a throwback should "throw back" to the actual uniform. Overall, though, a very good design, and one I can endorse.
  • In the continuing TSN series that looks at the four Canadian municipalities that are on the NHL's radar for possible expansion or relocation, Winnipeg is tops of the three cities seen right now. Winnipeg's overall mark of "B" ranked them ahead of Hamilton, who scored a "D+", and Toronto, who scored a "D-". Quebec City goes tomorrow, but with no NHL-suitable arena at their disposal, it appears Winnipeg may be the best Canadian choice for the NHL by the standards set out in this study.
  • The Nashville Predators have their new captain after having dealt Jason Arnott to the New Jersey Devils. Defenceman Shea Weber has been annointed the new captain, and becomes the fifth captain in team history and the first captain that had been drafted by the Predators. Kudos to Weber as he is one of the best young defencemen in the NHL!
  • Montreal Canadiens defenceman PK Subban added some hardware to his mantle today as he was awarded the AHL's President's Award in recognition of his outstanding accomplishments for this past season. I've seen this kid play, and he is an outstanding skater with a knack for being in the right place at the right time. He was a first team AHL All-Star this year as well as being part of the AHL All-Rookie team, and he showed amazing talent all season long. A very deserving award for a highly-skilled player!
  • The rest of the AHL's award winners can be found on this page. Congratulations go out to Howard Dolgan of the Syracuse Crunch, Tom Mitchell of the Binghamton Senators, linesman David Butova, and the Chicago Wolves for their award wins!
  • The Hershey Bears went back to the future in bringing back defenceman Lawrence Nycholat for the 2010-11 AHL season. Nycholat spent last season with the Manitoba Moose where he suited up for 37 games due to injury. Nycholat won the 2006 Calder Cup with the Bears, and put up career highs with 13 goals and 57 points. As long as he remains healthy, this signing can make the already-dangerous Hershey Bears a whole lot scarier.
  • Lastly, the requests for comic strips has gone out, and we have a number of responses. On Saturday, I'll post the first-ever HBIC Funnies Page that will feature at least three hockey-related comic strips as well as blurbs about the strips and links to where you can read more. If you know of anyone else who wants their comic strips featured - professional artists or amateur doodlers are welcome - please put them in contact with me!
I'm doing a pile of coaching tomorrow, but I'll have some pretty cool stuff coming up this weekend. Make sure you hit this site up on both days as I plan to make both pretty memorable.

Until next time, keep your sticks on the ice!

Sunday, November 8, 2009

I still don't understand this Twitter craze that is sweeping the nation. I understand what it does, I just don't see the purpose. And with all of the sports stars getting in trouble from their respective teams and leagues for tweeting at inappropriate times during games, it makes little sense for me to even pay attention to it. So while Shaquille O'Neal is the most followed person on the Twitter site, I will not be one of those hanging on every word he publishes to the site. With that being said, it comes as no surprise that Montreal Canadiens goaltender Jaroslav Halak is caught in some serious controversy thanks to his agent's Twitter feed.

Allan Walsh tweeted the following on Saturday night following the Canadiens' 3-1 loss to the Tampa Bay Lightning: "Interesting stat of the night....Price is 10W, 32L in last 42 starts. Hmm."

As some of you in the greater Montreal area might be aware, there is a serious goaltending controversy brewing in La Belle Province as Jaroslav Halak's success is being swept under the rug as head coach Jacques Martin opts to play the statistically-inferior Carey Price over Halak.

While Walsh downplays the comments by claiming he was simply joking around, the truth of the matter is that it is his job to find Halak a place to ply his trade. Whether that be in Montreal or elsewhere, Walsh is doing his job by tweeting about Carey Price's woeful win-loss record. It is the same thing he would do in a face-to-face meeting with GM Bob Gainey: tout his client's stats as a bargaining chip in the negotiations.

Where the story goes off the tracks is that by doing this over Twitter shows that Walsh may have a small issue with ethics. It is slightly unethical for an agent to run down a player who is competing with his client for playing time. It is worse when he cannot bring his client's complaints to management for some unknown reason. It is entirely inexcusable, in my view, to then try to dismiss the slight to his client's competitor as "a tongue in cheek comment not meant to be taken seriously".

While I'm not suggesting that Walsh should be dismissed by Halak at this point, I am suggesting that Halak give his representative strict rules on what he can tweet about when it comes to team solidarity. After all, no matter how well Halak plays, the teams sinks or swims based upon the efforts of the other 21 men as well. If Montreal's players don't trust one another, this will be another season of heartbreak and dismay as the Canadiens struggle. With agent's undercutting other players on the team, Bob Gainey may also want to meet with Mr. Walsh and explain the nuances of good taste.

This isn't a phenomenon limited to just Twitter, though. People always seem to have a little more courage to say things they wouldn't normally say in everyday life when it comes to writing it down on a website. Chatrooms are full of alpha males who think that they are smarter and better than others because they can say things they would never dream of saying if those people were face-to-face. Twitter is no different. And with every tweet made, even those that are made in jest normally contain some amount of truth to them.

And to be honest, why is he speaking about this to thousands of people who can do little to change the situation? Does he think the fans will rally together and force head coach Jacques Martin to play Halak because he through out some meaningless stats? Chances are that he's done more to limit Halak's playing time than helping him get more. No coach or GM likes to be called out by an agent. And Bob Gainey won't stand for it.

Again, what Walsh wrote is true. Carey Price's stats in Walsh's tweet? Entirely accurate. However, the appropriateness of Walsh's tweet in helping his client get more playing time is nil. Especially when you consider he is most likely welcome to speak to Mr. Gainey at any time he feels necessary.

If I'm an athlete competing for playing time, that's the kind of agent I'd want. Someone who is outspoken and not afraid to take the fight to a neutral area where embarrassment always is countered with swift retribution. Because that's a smart career move for both him and myself. Excuse my sarcasm in this paragraph.

Next time, Mr. Walsh, use your head for more than a hat rack.

Until next time, keep your sticks on the ice!