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Preds lock up Rinne

maplesyrup

maplesyrup

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NHLPredsInsider NHLPredsInsider
Happy to announce that #Preds have signed Pekka Rinne to a 7yr/$49mil contract bit.ly/vR8udf & a pic yfrog.com/nxkpkzj
42 seconds ago
 
That is great news for the Predator franchise.

Even though he is one of the better goalies in the league, that money is crazy.  But Nashville had to overpay to keep him there.  Let's see what they can do with Weber and Suter now.
 
Gives him the biggest cap hit for any goalie in the league under contract next season. That's a lot of money for a guy who has really only had 1 exceptional season. There's no question he's a very good goalie, but, that's probably about $1M-$1.5M more than he should earning against the cap - especially with Weber and Suter needing new contracts this summer. It's also more than double his current cap hit. It's not an epically bad contract, but I wouldn't call it a good one either.
 
Peter D. said:
That is great news for the Predator franchise.

Even though he is one of the better goalies in the league, that money is crazy.  But Nashville had to overpay to keep him there.  Let's see what they can do with Weber and Suter now.
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I think he's deserving to be among the highest paid keepers in the league (This deal makes him the highest per year.) Half way through the deal, it could be a great deal for the Preds. It's really a bold statement on the part of for Preds management. Rinne in net for 7 years probably keeps them in the playoff discussion during those 7 years regardless of what happens with Weber and Suter I think.   
 
Wow. With Rinne, Weber and Suter they could very well account for over 30% of the entire Cap not to mention the actual operating Cap budget the Preds use.
 
a little like Pittsburgh. pay a few top players huge money and surround them with low-priced help.
 
Sometimes, like during free agent "frenzy" I wish Burke was more aggressive. But at a time like this I am glad that we can be sure he would not do something like this.
 
Rinne is one of the most important goalies to his team in the league.  He has and will earn his pay.  Most night's he is the team's mvp.  I would happily take his contract over that of Bryz 
 
*facepalm*

I don't understand why teams haven't learned that throwing the keys to a goalie like this is ridiculously risky and really, not needed anymore given the way the market for them has changed.  Where are the examples out there where this has worked out in the team's favor?  DiPietro? Luongo? Bryzgalov? Tim Thomas? .... ok the last one worked out but not before they signed him and were trying to dump him for nothing less than a year later.

I get locking him up, but $7x7? Excessive.

Teams should be going the way of the tandem - two modestly priced goalies who push each other but can cover when one has a bad game/week/month/season.  And if one loses it completely .. cya.
 
Corn Flake said:
*facepalm*

I don't understand why teams haven't learned that throwing the keys to a goalie like this is ridiculously risky and really, not needed anymore given the way the market for them has changed.  Where are the examples out there where this has worked out in the team's favor?  DiPietro? Luongo? Bryzgalov? Tim Thomas? .... ok the last one worked out but not before they signed him and were trying to dump him for nothing less than a year later.
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I think it sort of depends on what you mean. I think the four deals you mention are all kind of distinct enough that they don't really fall into the same category. It's probably too early to tell as to whether or not the Luongo/Bryzgalov deals work out(and Luongo's deal has seen him play well so far), Thomas' deal wasn't a massive long-term deal and his being shopped was more about Rask than anything else and DiPietro's deal probably deserves it's own category where it's long, sure, but long and at a pretty reasonable cap figure.

I think Buffalo, Calgary and the Rangers are instances where teams have given their goalies big money and the "keys" as it were and it's either worked out or looking like they don't have much in the way of regrets. Likewise in Carolina and Pittsburgh.
 
Corn Flake said:
*facepalm*

I don't understand why teams haven't learned that throwing the keys to a goalie like this is ridiculously risky and really, not needed anymore given the way the market for them has changed.  Where are the examples out there where this has worked out in the team's favor?  DiPietro? Luongo? Bryzgalov? Tim Thomas? .... ok the last one worked out but not before they signed him and were trying to dump him for nothing less than a year later.

I get locking him up, but $7x7? Excessive.
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I agree the money and term is crazy.  It's not like Rinne is 24 either -- he'll be 36 by the time this deal is done. 

However, this is one of the rare instances where I think this is a great deal not only for the team, but the franchise.  This is something the Predators had to do if the Nashville market plans to survive in the NHL.  Had Nashville tempted destiny, they risked losing both Rinne and Suter this upcoming summer, and that's without mentioning the impact on Weber (who may not re-sign there regardless).  Losing all three of their franchise players would have been a death knell for the franchise. 

Excessive?  Again, absolutely.  Something that needed to be done?  I personally think so.
 
Peter D. said:
Had Nashville tempted destiny, they risked losing both Rinne and Suter this upcoming summer, and that's without mentioning the impact on Weber (who may not re-sign there regardless).  Losing all three of their franchise players would have been a death knell for the franchise. 
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But that's another question that needs asking. I'd admit to not watching a whole ton of Nashville games but I think we'd all agree that their defense is widely regarded to be one of the best in the league. So how much is Rinne and how much is that Nashville defense?

I only ask because Dan Ellis and Chris Mason had some pretty impressive numbers behind them too.
 
Of the 3 big FAs, they needed to be signed (Weber, Suter, Rinne) I personally think Rinne was the most important. Like some have mentioned, its somewhat of a risk but really, I don't think its crazy at all.
 
I heard Pierre make a decent point this morning.  He said it's tough to judge this contract right now without knowing what's going to happen with Weber and Suter.  If they both walk, then it's likely the Preds have a very high priced, likely overpaid goalie on a non-playoff team.  If they can retain both then it's another part of the whole that should solidify the Preds as a playoff caliber team at the very least.

Probably a poor analogy but it's sort of like buying that gorgeous car.  It's only truly special if it hasn't had to replace the engine and never been in an accident. 
 
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