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Pittsburgh Penguins signed Kasperi Kapanen (2 Years / $3,200,000 AAV)

Was this a good signing?
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Jul. 21, 2022 at 12:12 p.m.
#1
Kasperi Kapanen has signed a new contract with the Pittsburgh Penguins.
Standard Contract
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Ron Hextall
Length: 2 years
Value: $6,400,000
Expiry Status: UFA
Cap % Tooltip: 3.88
Signing Team: Logo of the Pittsburgh PenguinsPittsburgh Penguins
Signing Date: Jul. 21, 2022
Source: CapFriendly

Kasperi Kapanen signed a 2 year, $6,400,000 contract with the Pittsburgh Penguins on Jul. 21, 2022. The contract has a cap hit of $3,200,000.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2022-23$3,200,000$3,200,000$0$0$3,200,000$3,200,000$3,200,000
2023-24$3,200,000$3,200,000$0$0$3,200,000$3,200,000$3,200,000
TOTAL$6,400,000$6,400,000$0$0$6,400,000$6,400,000$6,400,000
Arbitration Requested Icon ARBITRATION: This contract was signed following an arbitration filing
Jul. 21, 2022 at 12:16 p.m.
#2
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A little overpaid, but it's not that bad. He's a great middle 6 guy with nice defensive skills to help.
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Jul. 21, 2022 at 12:17 p.m.
#3
JackJohnson4Norris
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He's a top 9 forward, but lacks consistency. As a pens fan, I was hoping he would take less or we'd move on from him
Jul. 21, 2022 at 12:19 p.m.
#4
suffering since 2010
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less than his qo? W
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Jul. 21, 2022 at 12:44 p.m.
#5
Crazy Penguins Fan
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Guess he's staying around for the time being.
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Jul. 21, 2022 at 12:52 p.m.
#6
Habs4Ever
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Quoting: Emoon
less than his qo? W


His QO was 800K ...
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Jul. 21, 2022 at 1:04 p.m.
#7
Canes hockey.
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Quoting: TheRealisticGuy
His QO was 800K ...


well, his last contract was 3.2 mil. so idk where you got 800k from
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Jul. 21, 2022 at 1:06 p.m.
#8
ButIActLikeIDid
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Comparable DeBrusk making more money with very similar production.
Jul. 21, 2022 at 1:09 p.m.
#9
Hawks Fan
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Quoting: Emoon
less than his qo? W


Maybe the second year brought down the AAV?
Jul. 21, 2022 at 1:09 p.m.
#10
Amirov Forever
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How did this dude get us the 15th overall pick
Jul. 21, 2022 at 1:09 p.m.
#11
Hawks Fan
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Pittsburgh is over the cap now. Yeesh.
Jul. 21, 2022 at 1:12 p.m.
#12
Habs4Ever
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Quoting: Sparkyboi_GoCanes
well, his last contract was 3.2 mil. so idk where you got 800k from


The QO is not the amount he was making on the last year of his contract. All contracts are build differently and Kapanen QO was 800K
Timo Meier is making 6M but his QO is 10M
Under Calculators, there is the option of : Qualifiying Offer Calculator and you can see the QO of players
Kapanen was at 800K
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Jul. 21, 2022 at 1:15 p.m.
#13
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Quoting: Jco5ta5
Pittsburgh is over the cap now. Yeesh.


They are still carrying 1 too many blueliners so I think Ty Smith (waiver exempt) starts in the minors. Friedman probably doesn't make the squad if P.O. Joseph impresses in camp.

Just carry 1 scratch forward instead of 2 and they'll be cap compliant.
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Jul. 21, 2022 at 1:16 p.m.
#14
Retired V2 V3 GM
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I was hoping we'd pay him around $2,000,000 max. He was ok during the season but playoffs I was very disappointed. He was quiet and didn't use his strengths (speed) to make a difference in the game.
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Jul. 21, 2022 at 1:19 p.m.
#15
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2.35 was the QO. You need to calculate the signing bonus he earned.
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Jul. 21, 2022 at 1:38 p.m.
#16
You know nothing JS
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Some Pens fans think he's top 6 material based on some flashes when in reality he's still not established enough in the league to be a regular top 9 because of his lack consistency.

Potential is there, but this contract could go south real fast and be his last in that city.
Jul. 21, 2022 at 2:30 p.m.
#17
Canes hockey.
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Quoting: TheRealisticGuy
The QO is not the amount he was making on the last year of his contract. All contracts are build differently and Kapanen QO was 800K
Timo Meier is making 6M but his QO is 10M
Under Calculators, there is the option of : Qualifiying Offer Calculator and you can see the QO of players
Kapanen was at 800K


I think you're forgetting the signing bonus, 800k is the base salary
Jul. 21, 2022 at 2:40 p.m.
#18
Nah.
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the point here may have been less about keeping Kapanen, and more about granting the team an additional buy-out window due to this resolving the arbitration filing.

It’s not a good contract; but, it’s kind of a savvy move, if that’s what the purpose here was.
Jul. 21, 2022 at 2:56 p.m.
#19
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Overpay.

This is an overpay for a team that is now over the cap.
Jul. 21, 2022 at 3:01 p.m.
#20
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Quoting: Sparkyboi_GoCanes
I think you're forgetting the signing bonus, 800k is the base salary


I think TheRealisticGuy is right. His base salary was 800k. According to https://www.capfriendly.com/qualifying-offer-calculator, the QO should be 1.05*800k = 840k. You ignore signing bonuses when calculating the qualifying offer: "The qualifying offer is calculated from the players base salary (NHL salary minus signing bonus)".
Jul. 21, 2022 at 3:04 p.m.
#21
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Edited Jul. 21, 2022 at 10:16 p.m.
Just to follow up on my point above, that's why you see the best young players signed bridge deals that have no signing bonus in the final year, and they are increasing in salary (back-loaded). Look at the Meier, Tkachuk and Point bridge deals. They have signing bonuses in the first years, but then the final year is a massive base salary with no signing bonus. This will make the QO much higher than the AAV.
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Jul. 21, 2022 at 4:08 p.m.
#22
Caps fan idk why
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Quoting: HockeyScotty
They are still carrying 1 too many blueliners so I think Ty Smith (waiver exempt) starts in the minors. Friedman probably doesn't make the squad if P.O. Joseph impresses in camp.

Just carry 1 scratch forward instead of 2 and they'll be cap compliant.


WHAT?!?!?! Ty Smith has so much potential? how could that even be possible with how awesome he's been so far in the NHL... lol
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Jul. 21, 2022 at 5:18 p.m.
#23
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Quoting: Capitalfail67
WHAT?!?!?! Ty Smith has so much potential? how could that even be possible with how awesome he's been so far in the NHL... lol


New Jersey Awesome vs Pittsburg Awesome has a different exchange rate.

Honestly, if P.O. Joseph can't outperform Ty Smith after being in their system for a few years then that would be a huge statement on his development too. Will be interesting to say the least.
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Jul. 21, 2022 at 5:19 p.m.
#24
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Dude is a decent second line winger being paid like a good third line winger. I find it fascinating how people judge players.

It's a fair deal. Neither good nor bad.
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Jul. 21, 2022 at 5:47 p.m.
#25
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Quoting: TheRealisticGuy
The QO is not the amount he was making on the last year of his contract. All contracts are build differently and Kapanen QO was 800K
Timo Meier is making 6M but his QO is 10M
Under Calculators, there is the option of : Qualifiying Offer Calculator and you can see the QO of players
Kapanen was at 800K


"For players who are on expiring contracts that were signed after July 10, 2020:
The Qualifying Offer is limited to 120% of their previous contracts annual average (AAV)"

Your 800K theory is wrong.
 
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