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Washington Capitals signed Richard Pánik (4 Years / $2,750,000 AAV)

Was this a good signing?
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Jul 1 at 12:42
#1
Richard Pánik has signed a new contract with the Washington Capitals.
STANDARD CONTRACT
COMPARE THIS CONTRACT
LENGTH: 4 YEARS
EXPIRY STATUS: UFA
SIGNING TEAM: Washington CapitalsWashington Capitals
VALUE: $11,000,000
C.H.% : 3.37
SIGNING DATE: July 1, 2019
SOURCE: CapFriendly
SEASONCLAUSECAP HIT AAV P. BONUSES S. BONUSES BASE SALARY TOTAL SALARY MINORS SALARY
2019-20$2,750,000$2,750,000$0$2,000,000$1,200,000$3,200,000$3,200,000
2020-21$2,750,000$2,750,000$0$0$2,200,000$2,200,000$2,200,000
2021-22$2,750,000$2,750,000$0$0$3,200,000$3,200,000$3,200,000
2022-23$2,750,000$2,750,000$0$0$2,400,000$2,400,000$2,400,000
TOTAL$11,000,000$11,000,000$0$2,000,000$9,000,000$11,000,000$11,000,000
Jul 1 at 12:43
#2
Joined: Jan 2019
Posts: 1,506
Likes: 668
Why would they give Panik money?
Jul 1 at 12:43
#3
Joined: Jun 2018
Posts: 3,297
Likes: 1,238
This seems too much for too long
bixyboii and SoFlaSooner liked this.
Jul 1 at 12:44
#4
Joined: Aug 2016
Posts: 820
Likes: 165
Quoting: HabsForEver
Why would they give Panik money?


Cause he drives play at 5v5 and 2.5M is very fair for a decent/good 3rd liner
Kylonetic8, theBeer_Leaguer, rootferdukes and 3 others liked this.
Jul 1 at 12:44
#5
Joined: Dec 2017
Posts: 445
Likes: 238
Too much money and too much term. This is one of those deals that actually kills you, instead of the big ones.
Jul 1 at 12:44
#6
Joined: Jan 2019
Posts: 1,506
Likes: 668
Quoting: Sleeping0ut1992
Cause he drives play at 5v5 and 2.5M is very fair for a decent/good 3rd liner


They let Connolly go and signed Panik

Connolly is twice the player and is only 500k more...
bixyboii and SoFlaSooner liked this.
Jul 1 at 12:45
#7
Joined: Feb 2019
Posts: 437
Likes: 156
Low cap hit, absurd term. Classic Capitals (Hagelin, Jensen, Oshie)
SoFlaSooner liked this.
Jul 1 at 12:45
#8
Cake Maker
Joined: Aug 2017
Posts: 1,993
Likes: 721
too much term, 2 yrs wouldve been better
SoFlaSooner liked this.
Jul 1 at 12:46
#9
Joined: Aug 2016
Posts: 820
Likes: 165
Quoting: HabsForEver
They let Connolly go and signed Panik

Connolly is twice the player and is only 500k more...


Quoting: HabsForEver
They let Connolly go and signed Panik

Connolly is twice the player and is only 500k more...


Connolly twice the player? How in the world are you not laughing as you type that? Conno is a fine payer but he's not even close to a 60-70 point guy.
Kylonetic8 and capsin9 liked this.
Jul 1 at 12:47
#10
Joined: Jan 2019
Posts: 1,506
Likes: 668
Quoting: Sleeping0ut1992
Connolly twice the player? How in the world are you not laughing as you type that? Conno is a fine payer but he's not even close to a 60-70 point guy.


Some exaggeration there. It's still a head shaker on why Washington would let Connolly walk and then sign Panik to a similar deal.
bixyboii and SoFlaSooner liked this.
Jul 1 at 12:47
#11
Joined: Aug 2016
Posts: 820
Likes: 165
Quoting: SevenLeg
Low cap hit, absurd term. Classic Capitals (Hagelin, Jensen, Oshie)


The high term is how you're able to get players with a lower cap hit
Kylonetic8, SevenLeg, rootferdukes and 1 other person liked this.
Jul 1 at 12:47
#12
AwesomeMatthews
Joined: May 2018
Posts: 584
Likes: 345
Quoting: HabsForEver
Why would they give Panik money?


Capitals want to make the most annoying team every created thats why
HabsForEver liked this.
Jul 1 at 12:50
#13
Joined: Feb 2016
Posts: 1,060
Likes: 149
2.5M is good for a player that will score you 15 goals and is pretty good defensively. He drives play but his consistency is what sucks. But the AAV is good for a player like him.
capsin9 and bixyboii liked this.
Jul 1 at 12:51
#14
Joined: Oct 2018
Posts: 86
Likes: 48
People seem to continue to forget how good GMBM is at getting rid of term he no longer wants. Term isn't an issue. He just magically waved away 2 years of Niskanen's bloated contract and got an arguably better player in return, while having them retain 30% of the contract. Again, term is not a problem here. Term won't be for Hagelin and it won't be for Panik, especially if they're performing decently and the cap goes up more (then it really won't matter, easily moved if needed).
theBeer_Leaguer, Sleeping0ut1992, capsin9 and 2 others liked this.
Jul 1 at 12:53
#15
Joined: Nov 2017
Posts: 231
Likes: 70
Quoting: HabsForEver
They let Connolly go and signed Panik

Connolly is twice the player and is only 500k more...


Pretty similar players and Connolly costed 750k more not 500k. The extra 750k is the only reason they were able to also sign Hathaway with Vrana as an RFA.
bixyboii liked this.
Jul 1 at 12:55
#16
Joined: Nov 2017
Posts: 231
Likes: 70
Quoting: Kylonetic8
People seem to continue to forget how good GMBM is at getting rid of term he no longer wants. Term isn't an issue. He just magically waved away 2 years of Niskanen's bloated contract and got an arguably better player in return, while having them retain 30% of the contract. Again, term is not a problem here. Term won't be for Hagelin and it won't be for Panik, especially if they're performing decently and the cap goes up more (then it really won't matter, easily moved if needed).


Completely agree, he's only 28 years old so if needed, I don't think there will ever be a problem trading that contract.
Kylonetic8, capsin9 and OvisBabes liked this.
Jul 1 at 12:57
#17
Joined: Nov 2018
Posts: 2,114
Likes: 441
This has Matt Martin signing bad all over it.
Jul 1 at 1:04
#18
Joined: Apr 2018
Posts: 77
Likes: 57
Can't believe Panik got this much money.
Jul 1 at 1:21
#19
Joined: Oct 2018
Posts: 86
Likes: 48
Quoting: EmperorFun
Can't believe Panik got this much money.


Some places projected him to get way more than we paid him...
Jul 1 at 1:27
#20
Blues GM v4
Joined: Nov 2016
Posts: 7,907
Likes: 2,317
I would've preferred we get someone like Hartman or Simmonds, since it makes our lineup more flexible. I don't like that it essentially locks in the third line, where as with another guy it allows us to rearrange things and try some more line combinations out. Not huge on it, but it's a decent move for us. Not a fan of the term though.
RawDeal liked this.
Jul 1 at 1:32
#21
Joined: Feb 2016
Posts: 1,060
Likes: 149
Quoting: draft_em_sign_em_trade_em
This has Matt Martin signing bad all over it.


Matt Martin signed the same deal after a career high 10 goal 19 point season. This is NOTHING like that.
Jul 1 at 1:36
#22
Joined: Feb 2018
Posts: 158
Likes: 103
Quoting: EmperorFun
Can't believe Panik got this much money.


EvolvingWild's contract projections had Panik's most likely deal as 4 years and ~$4.8M AAV; Connolly will be missed, but this is a great signing (plus the third line is now the H.EL.P line so that's fun)
Jul 1 at 2:03
#23
Joined: Nov 2018
Posts: 2,114
Likes: 441
Quoting: AwesomeMatthews
Capitals want to make the most annoying team every created thats why


Yet Dubas surrounds Matthews with small "skilled" players, who'll run and hide from those annoying tough mean players.

The secret to playoff success is not what Dubas is planning to build. His draft picks are pathetic, is he still believing he's the Greyhounds Jr. League GM>?
AwesomeMatthews and capsin9 liked this.
Jul 1 at 3:46
#24
Retired V2 & V3 GM
Joined: May 2017
Posts: 2,070
Likes: 348
Quoting: Sleeping0ut1992
Cause he drives play at 5v5 and 2.5M is very fair for a decent/good 3rd liner


I agree with you! IMO good signing for WSH!
capsin9 and Sleeping0ut1992 liked this.
Jul 1 at 7:42
#25
Joined: Apr 2018
Posts: 1,314
Likes: 337
Quoting: Sleeping0ut1992
Connolly twice the player? How in the world are you not laughing as you type that? Conno is a fine payer but he's not even close to a 60-70 point guy.


He’s talking out of his asz so a laugh technically is a fart? Connolly is a product of Washington Panik is a great add for the caps. When he scores 40 points this will be an amazing deal. Remember everyone laughed at the caps for Carlson Wilson Kuzy and orlov signings too ..... people on this site aren’t smart normally
 
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