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Washington Capitals signed Nicklas Bäckström (5 Years / $9,200,000 AAV)

Was this a good signing?
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Jan 14 at 8:11
#1
Nicklas Bäckström has signed a new contract with the Washington Capitals.
STANDARD CONTRACT (EXTENSION)
COMPARE THIS CONTRACT
LENGTH: 5 YEARS
EXPIRY STATUS: UFA
SIGNING TEAM: Washington CapitalsWashington Capitals
VALUE: $46,000,000
C.H.% : 11.29
SIGNING DATE: January 14, 2020
SEASONCLAUSECAP HIT AAV P. BONUSES S. BONUSES BASE SALARY TOTAL SALARY MINORS SALARY
2020-21NMC$9,200,000$9,200,000$0$6,000,000$6,000,000$12,000,000$12,000,000
2021-22NMC$9,200,000$9,200,000$0$5,000,000$5,000,000$10,000,000$10,000,000
2022-23NMC$9,200,000$9,200,000$0$3,000,000$3,000,000$6,000,000$6,000,000
2023-24Modified NTC$9,200,000$9,200,000$0$5,000,000$5,000,000$10,000,000$10,000,000
2024-25Modified NTC$9,200,000$9,200,000$0$6,000,000$2,000,000$8,000,000$8,000,000
TOTAL$46,000,000$46,000,000$0$25,000,000$21,000,000$46,000,000$46,000,000
CLAUSE DETAILS: Starting July 1, 2023: Player submits a 15 team no trade list.
CLAUSE SOURCE: @PierreVLeBrun
Jan 14 at 8:13
#2
Joined: Jan 2019
Posts: 3,859
Likes: 1,303
Can't say I'm a fan of the deal.

9.2 Million for a guy who's not even a PPG player and it's signed until he's 37. Big Yikes from me.
nobrainsensfan, Random2152, MaxDomi13 and 7 others liked this.
Jan 14 at 8:14
#3
Joined: Feb 2017
Posts: 161
Likes: 22
He needed to be signed but not for that much. I would have gave him 8m/per year.
MaxDomi13 and mhockey91 liked this.
Jan 14 at 8:17
#4
:/
Joined: Aug 2017
Posts: 113
Likes: 19
Had him at 7.5x4 max, contract only gets worse from here :/
MaxDomi13 and A6ix9inetythree liked this.
Jan 14 at 8:19
#5
WE CAN AND WE WILL
Joined: Jul 2018
Posts: 767
Likes: 352
Guess Holtby isn’t getting signed
MaxDomi13, Janhouu, jluqueSF and 4 others liked this.
Jan 14 at 8:21
#6
SENSAREELITE
Joined: Aug 2019
Posts: 179
Likes: 36
Quoting: HabsForEver
Can't say I'm a fan of the deal.

9.2 Million for a guy who's not even a PPG player and it's signed until he's 37. Big Yikes from me.


Habs fan u can't talk weber and price are signed until 40
Leafsfan23, Wqrrior, Oggsford_Blues and 5 others liked this.
Jan 14 at 8:25
#7
Joined: Jan 2019
Posts: 3,859
Likes: 1,303
Quoting: nobrainsensfan
Habs fan u can't talk weber and price are signed until 40


Not sure what that has to do with anything. This is still a terrible contract.
Wavelength97, hockeyfanatic05, Couturier and 9 others liked this.
Jan 14 at 8:26
#8
exo2769
Joined: Jul 2015
Posts: 5,281
Likes: 1,367
I'm ok with this signing. To me, it's easier to accept giving big money to players that have already done something as compared to the young up and coming players that haven't done anything yet. #1C on a Stanley Cup Winning Team means something. WAS got him to accept a 5 year contract when I'm sure he could have got an 8 year somewhere else. (Higher total dollars to him) I would have thought a little less than $9.2M, but not too much less.
rcs14e, Boubou79 and KubaH liked this.
Jan 14 at 8:28
#9
Joined: Jun 2018
Posts: 1,160
Likes: 598
Holtby's gone for sure after this, but I think the writing was on the wall anyways. Not a huge fan of the AAV, but Backstrom was underpaid through his entire prime, time to give him some well-earned money. Only bright side for this contract is that Backstrom's game isn't physical or speed oriented, so I'm not expecting a gigantic drop-off in performance by 37, but anything can happen.
RawDeal, pinslack, Kylonetic8 and 3 others liked this.
Jan 14 at 8:28
#10
Joined: Jul 2018
Posts: 126
Likes: 96
This contract may reflect the reality of what it costs to get a player like Backstrom, but I feel like the cost is about fair for exactly what he is at this moment, meaning a 70-75 point center who is decent defensively, the problem is that with there being 5 years at this number, he is likely to regress quite a bit over the life of this contract.

At this age, I would have liked to see more of the Thornton treatment, shorter terms for what he is worth. Like say 2 years at $9.2M or 3 years at just over $8M would both be fine. But this has a high liklihood of not being great a year or two in, and being very ugly for the last year or two.
Ville__Koho, KubaH and OvisBabes liked this.
Jan 14 at 8:31
#11
Joined: Jul 2018
Posts: 126
Likes: 96
Quoting: exo2769
I'm ok with this signing. To me, it's easier to accept giving big money to players that have already done something as compared to the young up and coming players that haven't done anything yet. #1C on a Stanley Cup Winning Team means something. WAS got him to accept a 5 year contract when I'm sure he could have got an 8 year somewhere else. (Higher total dollars to him) I would have thought a little less than $9.2M, but not too much less.


This type of thinking would be ok in a Non-cap league, but the reality is you have to pay for what you are going to get, not for what you got already. Younger players pushing to get closer to their actual value means it's not going to be a good decision to sign players based on their past achievements.
pinslack and prc liked this.
Jan 14 at 8:31
#12
Joined: Jan 2019
Posts: 341
Likes: 56
This may be an unpopular opinion but I feel like when you win a Cup, this is easier to do. If they were still hunting for this group's first (that being Backstrom, Ovi, Carlson, etc.), I'd scoff at this deal. But I feel like when you win and remain competitive, it's lower stakes to make a move like this. He earned it, why not give it to him? By the time it expires, the Caps will probably be rebuilding anyway.
Jan 14 at 8:35
#13
The evil stats guy
Joined: Jun 2018
Posts: 4,474
Likes: 1,910
Edited Jan 14 at 8:43
I mean this is an overpayment for what he offers, but considering his previous contract and the fact that this could have been much, much worse I don't hate it. It is still too much for too long so I voted no, but I don't hate it nearly as much as I expected.

Edit: a good deal of the contract is in bonuses, especially near the end of the deal. That is less than ideal for wsh.
exo2769 and Wqrrior liked this.
Jan 14 at 8:36
#14
Marner Kermit Fetish
Joined: Sep 2018
Posts: 1,127
Likes: 399
woah
Jan 14 at 8:37
#15
exo2769
Joined: Jul 2015
Posts: 5,281
Likes: 1,367
Quoting: Danny12357
This type of thinking would be ok in a Non-cap league, but the reality is you have to pay for what you are going to get, not for what you got already. Younger players pushing to get closer to their actual value means it's not going to be a good decision to sign players based on their past achievements.


Unless they bust. I 110% get that the peak years are younger, but that's not always the case for every single player in the NHL. Backstrom is still playing at an elite level. There are also other components to this...how the team is doing. Sub Par teams like New Jersey can afford to spend $7M on Nico Hirshcer because they're banking on that contract being a good contract down the road. Has Clayton Keller with AZ earned with $7.1M yet? no. TOR has done that for Matthews/Marner/Nylander. They're cap strapped this year, but down the road they're hoping these contracts are steals. Another part is team construction down the road. WAS is a team has (who they believe is) Backstroms replacement developing in London. there will be 3 of those 5 years with an ELC as a center.
RawDeal and OvisBabes liked this.
Jan 14 at 8:42
#16
Joined: Jul 2018
Posts: 277
Likes: 133
Yikes expected the term but the AAV is too high. Should be 8 max. imo
Jan 14 at 8:43
#17
Joined: Oct 2019
Posts: 68
Likes: 24
Quoting: Nohate
Guess Holtby isn’t getting signed


I mean he can be resigned he just can take more than 8 mill
Jan 14 at 8:44
#18
Joined: Jul 2018
Posts: 277
Likes: 133
Quoting: Nohate
Guess Holtby isn’t getting signed


Well that's what people expected before the season started. Holtby has been very streaky for like 3 years now. Holtby is looking for a big contract, which he won't get (at least from the Caps). Caps have Samsonov and Copley as a cheap back-up for next year
Jan 14 at 8:45
#19
Joined: Jun 2019
Posts: 2,385
Likes: 754
Quoting: nobrainsensfan
Habs fan u can't talk weber and price are signed until 40


cuz the habs signed weber right? and its different signing a star goalie to 40 and signing a center to 40.
Jan 14 at 9:04
#20
AwesomeMatthews
Joined: May 2018
Posts: 714
Likes: 547
Good Luck In Cap Hell!
Jan 14 at 9:04
#21
44 Foundation
Joined: Nov 2017
Posts: 735
Likes: 73
Quoting: Nohate
Guess Holtby isn’t getting signed


I don't think the plan was to ever resign Holbty with the emergence of Samsonov
Jan 14 at 9:17
#22
Joined: May 2019
Posts: 1,053
Likes: 407
And Backstrom negotiated this contract by himself... imagine if he had an agent doing the work lmao.

Bad contract.
Jan 14 at 9:18
#23
Formerly klondikebar
Joined: Mar 2019
Posts: 3,430
Likes: 1,698
Makes Panarin look like a steal
Ville__Koho liked this.
Jan 14 at 9:30
#24
Extend Max Domi 4x6
Joined: Feb 2019
Posts: 2,418
Likes: 393
Quoting: nobrainsensfan
Habs fan u can't talk weber and price are signed until 40


ANd we're pissed at it
Jan 14 at 9:33
#25
rangersandislesfan
Joined: Mar 2017
Posts: 26,993
Likes: 2,966
Quoting: Nohate
Guess Holtby isn’t getting signed


They can probably fit him in, but Gudas probably wouldn't be staying and they might need to make a trade.
 
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