Kane Toews

Agent: Blackhawks Still Negotiating With Toews, Kane

Kane Toews

Pat Brisson, the agent for both Jonathan Toews and Patrick Kane, told The Fourth Period on Tuesday that the Hawks are still negotiating with the two faces of the franchise.

Reports surfaced on Monday evening that there were deals in place with cap hits around $10.8M each for the two Conn Smythe winners.

22 thoughts on “Agent: Blackhawks Still Negotiating With Toews, Kane

  1. Does anyone believe they are still negotiating? McD is probably telling the agent to say that so the “GRAND REVEAL” can be at the fan convention in 11 days.

  2. JS, release date aside, are you concerned about the $10.8 million figures for each? If that is true, then we know why Bowman has been waiting to trade away players and why Rundblad was so important to him. The $21.6 million Cap hit for next season, plus Saad’s new deal will put the Hawks right against the wall…this is why Bowman had to re sign Smith, Raanta and Morin to such fine numbers…and its why they went after Richards, and why the figure was $2 million. These are, as Wall has said all along, DANGEROUS numbers for the Hawks…and its a good thing that Bowman is so good with numbers because for the next few years, until our defence is largely replaced from within, he is going to be hard, hard against the Cap. OUCH!

  3. I look at 10 million as the barometer. Under that AAV, and the Hawks “win”…over that and the players “win”. This is a lot of money, but if you told me that for 1.6 million a year we weren’t going to get Toews and Kane, I would say that is foolish. The deals are going to get done and while the team would have more flexibility with a lower AAV, there really is nothing the Hawks can do but to pay them.

    The $2million buffer that Stan likes to operate with under the cap during the season is definitely gone for next year and probably the season after when the new deals kick in. Additionally, the Hawks are probably status quo from the big time free agent or big time trade acquisition (acquiring an impact player) for 3 years. Again this is a tough pill to swallow, but no other team is positioned to do this and remain competitive like the Blackhawks are.

  4. “It scares me to assume the cap is going to just keep increasing.”

    Because the two major long-term television deals and increased revenues enjoyed by the league are suddenly going to dip because…?

  5. I’m thinking the cap will take a pretty good jump next year. I’m not nearly as afraid of these two big time players getting paid as much as what the Bolland’s and Clarkson’s of the world sign for. Bolland’s deal is hilariously bad… Dale Tallon everyone!

    As far as the rest, this is why I was positive the Hawks weren’t going to burn a year of TT’s ELC. They are going to need him to be a controlled star while he’s on that team friendly deal and hope that the cap goes up a pretty significant amount by the time he’s ready for new money.

  6. Well, the Hawks have the 2014-15 season to truly compete for a Stanley Cup once again. After that we will no doubt be in a recalibration period (hopefully), similar sorta to 2010-11 and 2011-12. The good news is that the Hawks have won 2 Stanley Cups. As a fan of going on 40 years I’ll be eternally grateful for that. Not easy to win a championship in this sport…not easy at all.

    Next offseason a big purge happens….Sharp, Seabrook, Oduya (if he isn’t traded this offseason), Leddy (if he isn’t traded this offseason), and probably some other “interchangeable” pieces that Stan will try to swap out for cheaper versions (e.g., opportunity for somebody like a Joakim Nordstrom).

    I don’t begrudge Toews and Kane getting paid at top of market. I never once bought into the theory that either would provide the Hawks with a nice discounted rate. Not in the aftermath of the labor lockout, and not with both players already well on their way to securing their legacy in this game, to include 2 Stanley Cup Championships in the fold. Both 19 and 88 know that, along with Keith, they will one day retire as Blackhawks and have their numbers hanging from the rafters at the UC en route to Hall of Fame enshrinement.

    The cycle of things is a bitch. No other way to put it. The good news is we should be able to retain a solid core of Toews, Kane, Keith, Hjalmarrson, Crawford and Saad. That’s pretty damned impressive regardless what else happens around those six.

  7. Last year was the first year that my tickets were expensive enough that I could not sell them without taking a loss (for games I could not attend.) this was in a season following a Stanley Cup.

    That tells me that market is speaking. It will not tolerate any more price increases. That does not make me confident the cap will leap.

    If these two sign for 10.8 they better like losing for the next 8 years…I hope that crippling their team is worth those extra millions.

  8. note: if you’re selling tickets at a loss, you’re not trying and are probably on an incredibly short list of folks taking a hit to move tix.

    The Cap is going to go up $6-8M per year for the foreseeable future because the NHL can’t lock the players out and hit the reset button. They also negotiated the new CBA before the new television deals were realized, and the initial cap put in place was well below the players’ cut of the revenues already locked-in by the new television contracts.

    Fears in the cap going down or flat lining are misplaced concerns. Especially over the next 6-10 years.

  9. The longer the contract the higher the price…..and why not. This is the 10th season of Salary Cap. When the Cap began in 05-06 it was $39mm. The Cap has gone up every year except the reset year. So the Cap has gone up $30mm in 10 years. I think it is SAFE to assume the Cap will go up at least $20mm over the next 8 years. With a Cap around $90mm 6-7 years from now, every team will have a $11mm per year player.

  10. Thanks for the background on the cap projections. I must be in the minority when I am happy with Toews &Kane@ $10.8.

    Plus after July 1st Sharp looks cheap to me at $5.9. Only 400k more than Dave Bolland? Plus Sharp is a proven goal scorer at 50% of the cap hit from either 19 & 88. There is no way the Blackhawks should trade him. (Unless they get GREAT value for him.)

    With projections like Tab stated, even Hossa’s perpetual cap hit is less painful.

    I just hope they can get rid of 23 asap. I think he needs a change, a place where he isn’t afraid of being a healthy scratch.

  11. Not a single player right now has a Cap Hit greater than 9.5M (Ovi/Malkin). Granted there are players who have Loaded contracts and have “Salaries” @ 10M+… Sid, Parise, Giroux, Kessell).

    But point being… I find it hard to believe the ulimate cap hit for 19/88 will be ANYTHING over 10.5M. They might fluff the contract so their salary the first first year is higher or something, but a Cap Hit of 10.5 would represent a $1,000,000 increase to the highest AAV. Right now 19/88 represent the 24th and 25th highest cap hits at 6.3M each. For perspective, Vanek just signed the 23rd highest at 6.5. While 19/88 are significantly better players than Vanek, a 10.5 annual average would represent a raise that is more than fair to the players and 19/88 Specifically, imo.

    Im still holding out hope for something like 8years/82.5 Million. This is a cap hit of 10.31M per… and while i would see that as a “win” for the players, it would not quite hand-cuff the Hawks so bad. That extra 1M for the hawks to work with would mean the cap hit of a rookie (Such as TT). Every little bit would help.

  12. Also $11mm is not unprecedented. Before the Cap in 03-04 the Red Wings spent $78mm in salaries. A handful of players made $10mm + per season before the Cap.

    In 02-03 Jagr was paid $11,484,000 by the Washington (no lie) Capitols

    Here is some real prospective:
    If JT / PK get $12mm and the Cap next year is $74mm (5 more than this year) each will represent 16.2% of the Cap. In 05-06 The Bulin Wall was paid by the Hawks $6.75mm….at that time his salary represented 17.3% of the Cap.

  13. Perhaps I should have worded that differently. Being the pessimistic one I am I don’t like assuming things. What happens if the cap doesn’t go up as much as expected? Wasn’t that part of the reason behind the 2010 purge? That and not qualifying guys on time.

    We know they have been negotiating Kane and Toews, but will they wait until the summer to extend Saad? Also, I thought the NBC tv deal was pre lockout

  14. Big tv package in Canada with TSN being outbid by Rogers communications. $5.2Billion for 12 years.

    My big worry is if we will lose the HNIC Montages during the play offs. And I guess coaches corner. Time will tell.

  15. I hope I am wrong about the cap, but you cannot assume the cap will move up in the future just because it has in the past is like assuming you can always pay a high price for a house because real estate bubbles cannot exist.

  16. If it goes up a minimum of $6 million next year, the Hawks will be okay…let’s just hope that it does.

  17. Peter is correct- $10M (or under) is the right number as acceptable outcome for both sides. Remember, the Chicago market is worth PLENTY of add’l $$ for these stars and all this “they’re worth it” stuff is excessive imho. They should know that if the team suffers competitively it can directly affect their popularity/income. There should be no problem with being well compensated as largest contracts EVER at $10M x 8. Ever heard the saying related to pigs vs hogs? Hawks hopefully stand their ground and everyone comes out a winner.

  18. This, friends, is why drafting and developing talent is critical in the new NHL. The Pittsburgh Penguins didn’t draft well for 5 years and are now suffering from a lack of organizational depth; they don’t have quality players in the organization to bring into the fold, and can’t afford to pay veterans $3-4M each to fill out the roster. The Hawks have drafted well and staggered their picks in Rockford and college to give the organization control of their rights longer… and now we will finally start to see the quality that Bowman & his team have added to the organization since 2010. Yes, Kevin Hayes is going to walk. But Johns, Clendening, McNeill, Danault, Dahlbeck, Hinostroza, Paliotta, vanRiemsdyk, etc could all be NHL players sooner than later. To sustain excellence, you need quality, affordable players like Ben Smith and Marcus Kruger and Andrew Shaw and Brandon Saad coming up through the organization. The Hawks have done that since 2011, and look forward to doing so moving forward.

    re: the cap going up – it’ll be over $90M before the new deals for 19 & 88 expire.

  19. Ernie, The reason for the purge after the first Cup was the Hawks had many players needing new contracts. Several players commanded big dollars after the 2010 Cup. SB knew he could not sign all those FA and RFAs so he was proactive and traded ahead of the deadline. SB did a very good job considering the circumstances at the time. Besides, Chicago needed a Cup regardless of cost in 2010. SB made the tough decision to match Hammer’s paper, that tied his hands as well. However, lessons were learned and GMs now look at what will happen the year a new contract expires.

    Like Tab says above, drafting, the AHL and role players have taken on new meanings in the Cap era. Tab, I think you can add MTL with the Pens as the worst drafters in the Cap era.

  20. When the $10.8M rumor came out yesterday my initial reaction was sticker-shock before I was able to swallow “gulp” and resign myself that that’s the cost to have 19 and 88 and it’s better to have them at a high cost than not to have them at all.

    Now that Brisson came out and refuted the #10.8M and said negotiations are on-going, I’m not sure if that’s good news (the AAV will be lower than $10.8M), or bad news (the AAV will by higher than $10.8M). Maybe the number will still end up being $10.8M but there are some other things being negotiated that I’m unaware of – who knows?

    Or maybe factoring in the “intrigue factor” with a dash of subterfuge, maybe the $10.8M rumor was “put out there” to purposely sticker-shock fans so that when the real number is announced at $10.3M (as an example) – the fans will hail Hawks management for getting a bargain and T&K for taking one for the team. It’s all in the perspective.

  21. Tab and Mike are spot on with their analysis about Bowman and drafting/prospects. Personally believe we are way ahead of the curve and out in front on this with what we have. He is the one GM that has adapted quickly and smarty looking to the future in the new era. As crazy as this sounds we could be building a true dynasty for many years to come, ala Scotty Bowman or the post war Canadian teams with a steady pipeline of exciting and dominating players. We can’t win them all but I’m confident we will win more than our share. Pay Kane and Toews whatever it takes to remain Blackhawks. The smart moves to date have assured we do not become Pittsburg or Montreal and that is our big lead over many others. As for the future of the cap, well, who knows, but sports and entertainment tend to be a bit more recession proof than other things. Barring a geopolitical meltdown of epic proportions I think Tabs 90 million is likely in eight years hence. Just in case you think I’m too overly optimistic, please let it be known I’m not over Game 7 and still hurtin’…we should have won the Cup for 3/5 years and its one we cannot get back….difficult to deal with…..onward and upward.

Leave a Reply

Your email address will not be published. Required fields are marked *