Quoting: Campa96
We won't have to pay just this year's picks though, we will have to pay Lehkonen, Gallagher, Galchenyuk (maybe), Hudon, Danault, Drouin again, and all the players who are already in our system who haven't graduated yet (Juulsen, Mete, Brooks, Poehling and maybe others). And even if we had enough money for all those players, this doesn't include the possible free agents or trade pieces we might add once we can contend again. I know you think Montreal can't attract big names, but I think winning perspectives change things. Look at Toronto for example, a market similar to Montreal except for the French language (a pretty big barrier to be honest). They were able to attract Marleau because of the extra cap space they had and because they are very close to being a team that has a legitimate shot at the cup. They wouldn't have been able to lure Marleau if they had that type of contracts (they have Horton and Lupul but having them on LTIR is not as punishing).
Well looking long term like that, Weber, Price and Seabrook would equate to 25M. The current estimates for next years ceiling is 80M. what do you reckon it will be in 8 years from now? A pretty modest estimate would be 90M. That still leaves more than enough to sign these other players. Once again, we only have to pay for these players if they are worthy of being paid like it. Is Hudon ever going to be worth 5M? Will Juulsen? Its easy to name all these guys off our heads but frankly what % of those mentioned will ever be 5M+ players? Pacioretty most likely will be traded so Drouin is. Maybe Galchenyuk. Maybe Poehling if he pans out. I think there's an argument that no else is really worth that kind of money now nor do they have the potential really to ever be that much.
You are assuming all these guys reach max potential and are decently paid players..... lehkonen at 2, Hudon at 2, Danault at 4, etc etc....tally that up that still leaves a big chunk of cap space.
In the past 20 years, MTL drafted a total of 7 players who with the Habs or another organization made at least 5M cap hit in one season.
Subban, Price, Plekanec, Grabovski, Streit, Markov and Ribiero.
Lets just say that average continues, and we draft another Price, Subban and Plekanec. Took Subban 8 years to reach the 5m+ plateau. Price 7 years. Plekanec 9 years........
As for free agents, I'm not sure you can make the same comparison. Matthews, Nylander, Marner, Reilly, Babcock, Shanahan, Lamoriello all played significant roles in adding a player like Marleau, who funny enough probably shouldn't have been signed given those 4 other players mentioned will cost in excess of 30M+ on their next contracts which are all sooner rather than later. I've ever only seen two scenarios where a team was so cap strapped that they paid for their problem to go away. Chicago with Bickell and Detroit with Datsyuk. They were hardly organizational altering trades even then. So If ever the cap is getting to be too much of a problem, a trade is always last ditch effort if necessary. Especially when a buyout isn't.
Even then, how mnay big name free agents who signed long term big $$ contracts actually were worth those contracts anyway? Radulov was nice but he only cost us 1 year. Was Lucic, Ericksson, Okposo, Shattenkrik, Yandle, Ladd, Sekera, Orpik, etc worth their contracts? i'm starting to think good teams don't go into free agency to add big name players. Bad teams do. Marleau might be a nice mentor for the young Leafs but he is a costly one I feel.
People are so afraid of being frugal with their cap space that it sometimes doesn't make sense. With all these loopholes like LTIR and "Robidas island" and buyouts and trading high cap hits to teams that need it to reach the floor, there are a lots of ways to always remain cap complaint and stay ahead of the curve by adding pieces to ensure a winning team in the future when it counts.
Do not confuse calculated risk taking with going all "Garth Snow" on Dipietro's ass as the same thing. That was an unnecessary risk, one with a ok but not great long term potential benefit that really wouldn't of been that crazy anyway even if Dipietro wasn't a train wreck of a player.
Asset management is sometimes about calculating the risk of going into debt and reaping the long term benefits as much as it is being consistently frugal in the here and now.