It was announced on Friday afternoon that the Blackhawks had agreed to terms with restricted free agent forward Michael Frolik on a three-year, $7M deal.
Did the Hawks overpay the young winger? Let’s evaluate Frolik’s value in this summer’s market.
This summer’s spending spree in the NHL has been ridiculous. Looking at only unrestricted free agents, 12 forwards received a deal of at least four years in length. Included in that list are Tomas Kopecky, Scottie Upshall, Joel Ward, Sean Bergenheim and Max Talbot.
Those five forwards received deals totalling 21 years and $58M, an average cap hit of over $2.7M.
Those five forwards have on their combined resume exactly half as many 20-goal seasons, one, as the two Frolik has on his.
Frolik’s cap number is nearly a half million less than the average of those five players, and he’s at least four years younger than each of them.
Let’s also compare Frolik to two other restricted free agents that signed this summer.
The Toronto Maple Leafs gave forward Clarke MacArthur a two-year, $6.5M deal ($3.25M cap hit). MacArthur has 54 goals with three different organizations in the last three seasons and is 26 years old.
The Philadelphia Flyers handed Jakub Voracek a one-year, $2.25M deal. In three years, Voracek has 39 goals; he is 21-years-old.
Frolik has 53 goals in his last three years between Florida and Chicago, and is only 23 years old. He also has more 20-goal seasons, two, than MacArthur, who has just one (last year). Voracek has not scored more than 16 in a season.
If we look at what Frolik could have potentially made on the open market, it appears Stan Bowman did a masterful job (again) of getting a deal done.