Quoting: phillyjabroni
Ghost, Farabee, Sanheim, Provorov are the exact cautionary tales to not give out a "surplus-value" contract to unproven players. Couturier is the only player in recent years I can recall that the surplus contract worked out and now they are stuck with a lemon contract after.
Provorov still returned them a first. Ghost
Quoting: phillyjabroni
Ghost, Farabee, Sanheim, Provorov are the exact cautionary tales to not give out a "surplus-value" contract to unproven players. Couturier is the only player in recent years I can recall that the surplus contract worked out and now they are stuck with a lemon contract after.
Provorov isn't really an example of this for a few reasons
1) these deals are signing guys who look like they may be good but will probably be at least okay to term in the 4 million range. Provorov signed in the 6s. That's already in the higher range
2) as above he already was a top pairing dman. He was playing 25 minutes a night. He has already earned his contract
3) he declined after signing. These deals are based off someone on the upswing where the risk is they don't continue improving. His is different
4) most importantly: what cautionary tale? In the end he was still plenty valuable and returned a good package. His contract didn't make him a negative value
Farabee. He is absolutely the cautionary tale. That being said the beauty of signing young guys to these contracts is there is a cheap out if needed. Now you're rebuilding so you don't. But his buyout is 1/3 instead of 2/3 for his age. Say you buy him out next year. Your have a 2.8 mil cap hit for 1 year, then 1.5 mil, then believe it or not you'd save 200k on the cap for 2 years, than 800k for a bunch of years. The reason it's worth the gamble is the risk is mitigated. That's not so terrible
Ghost is another good example. But also what the heck happened to him? His first year on the new contract was his best year. He had 65 points
Sanheim got bridged twice so he is definitely not an example