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San Jose Sharks

8 Million Reasons Why Dany Heatley Won’t Be A San Jose Shark

San Jose SharksI haven’t done too much thinking about Dany Heatley becoming a San Jose Shark because it’s never going to happen, and it’s never going to happen for one reason – his (approx) $8M salary. Heatley’s contract has him making $8M over the next 3 seasons, followed by $6M and $5M the following two. The Sharks have no cap room to absorb that kind of contract and even if they did, do you think Heatley is worth more, dollar wise, than Dan Boyle or Joe Thronton?

Let’s fantasize for a moment and say we did get Heatley. Out of a $55M (or so) salary cap, you’d have $34M (or 62%) of your cap tied to 5 guys (Heatley, Thornton, Patrick Marleau, Boyle and Evgeni Nabokov). Throw in Milan Michalek, Ryane Clowe and Jonathan Cheechoo and you have $45M (or 81%) of your cap tied up in 8 players.

The Sharks are actually a little thin at forward right now but we do have our top 2+ lines already in place. How much more top line offense do the Sharks need? If we had $8M to spend we could build the best 3rd and 4th lines in hockey, definitely worth more in the playoffs than one more top line forward.

I think, and the guys on NHL Home Ice were also commenting, that Sharks GM Doug Wilson has actually been pretty smart about the team. Sure, just like all of us, the initial disappointment and anger over our playoff failure sparked some pretty drastic comments about change, but in retrospect this team did put up 117 points last year so we know the talent is there. Let’s face it, the team had a LOT of injuries, more so than ever in the last 4 years, and trying to bring 8 guys back in the last week of the season is no easy task.

Sadly the Sharks in stuck in salary cap hell, and with Devin Setoguchi and Joe Pavelski up for new contracts next year, I think it’s in the best interest of the Sharks to stand pat and think about the future. I’ve gone through team collapses (marketed as ‘rebuilding years’) in both football and baseball, so I’m really not in the mood to go through it again, especially with my hockey team.

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Discussion

16 comments for “8 Million Reasons Why Dany Heatley Won’t Be A San Jose Shark”

  1. sharksfan, I completely agree with your reasoning on why Heatley won’t be a Shark, however I find it interesting what TSN has said. How much of cap savings would they get from Jonathan Cheechoo and Christian Ehrhoff?

    TSN reported the following:
    “According to a report in the Ottawa Sun, Senators GM Bryan Murray could have ”an option” to move Heatley to San Jose but it would need a third team involved - possibly the Montreal Canadiens - to facilitate a trade.

    The newspaper reported that the Sharks have shown interest in the two-time 50-goal scorer, but what they’re offering isn’t intriguing Murray. According to the report, the Sharks have tabled a package that includes winger Jonathan Cheechoo, along with defenceman Christian Ehrhoff and a first-round selection.

    ”If the Sharks don’t have what the Senators want, then (GM) Doug Wilson might have to go get it from another team,” a league executive told Sun Media on Saturday. ”The Senators want a proven scoring winger in return and that means you might have to get a third team involved.”

    A source told The Sun that a third team could be the Canadiens, but wasn’t sure what San Jose could acquire from Montreal to satisfy the Senators’ needs to deal Heatley. ”

    http://www.tsn.ca/nhl/story/?id=286562

    Posted by pittpenNo Gravatar | August 4, 2009, 11:05 am
  2. That’s actually another thing, I don’t think the Sharks are willing to trade any more first-round selections. The Sharks have historically done really well building via the draft, but the last two seasons have seen the Sharks trade away most of their top, future picks. They’ve done so to the point where a lot of people expect the Sharks prospect pool to dry up the next few seasons. But let’s say you do want to clear your books, that deal would free up close to $7M/year over the next two years (both Cheechoo and Ehrhoff make around $3.5M the next two seasons). You’d make that move because you’re trying to alleviate your cap woes. But then you turn around and tie up the next 5 years with one guy - you’re right back where you started but now you risk your cap with one guy instead of spreading the risk among two. I don’t think the Sharks are that desperate - I think Heatley will be skating for the Senators next season.

    Posted by sharksfanNo Gravatar | August 4, 2009, 11:30 am
  3. Ah, okay makes complete sense. I certainly know what you mean by wanting to not trade away any more first-round selections. The Pens didn’t have any selections above the fourth round last year. It was nice for them to have a complete draft class this year.

    It’s funny, since I have been more exposed to the Sharks since being involved with this blog, I am interested in reading articles having to do with them.

    I definitely agree with you not wanting Heatley and I don’t think he would do anything for your Sharks squad. However, I was just trying to spur some debate.

    Posted by pittpenNo Gravatar | August 4, 2009, 12:39 pm
  4. Same here, I would never have followed the Penguins last year if it weren’t for your contributions, how you guys had to change coaches, etc. Next season is going to be even better!

    Posted by sharksfanNo Gravatar | August 4, 2009, 12:50 pm
  5. definitely looking forward to it. I guess we better hurry up and wait.

    Posted by pittpenNo Gravatar | August 4, 2009, 1:50 pm
  6. Hey Guys,

    Remember, the CAP hit for 2009-2010 for Heatly is $4Mil. He was paid a roster bonus by the Sens that does not count against the Cap if we picked him up.

    Posted by FC Sharks FanNo Gravatar | August 4, 2009, 2:21 pm
  7. Ah - so that must be why Sens fans are so mad, take a $4M bonus then try to skip town…do we really want a guy like that in teal?!

    Posted by sharksfanNo Gravatar | August 4, 2009, 2:39 pm
  8. You know at first I was dead set against it. But now I’m warming up to the idea if we can retain Marleau. DW is under no pressure to get this deal done. If we do nothing, we will still be fine. We would have to clear cap space, but according to DW, he can do that with one phone call. I would do the deal if it was for Cheechoo/Ehrhoff and a first round. I know we have been giving up first rounders like dime store candy, but if we finish the season like we are suppose to, it would be a late first round. We have actually drafted well in the later rounds than the late first. Who were are late first round selections lately? Ty Wishart (no longer with the team), Nick Petrecki (minors), Lukas Kaspar (gone), Steve Bernier (gone), Mike Morris (who knows). I do admit Heatley seems like a head case, but he left Atlanta for entirely different reasons for wanting out of Ottawa.

    He was not getting along with his coach in Ottawa and had his ice time reduced. I don’t see this happening in San Jose. We need to find out where his head is and put him on the top line with Thornton. He has averaged 50 goals the past few years and his addition can only make the second line and power play better. When Blake was injured our power play was so predictable because we could no longer generate shots from the point. Heatly know how to run a power play and can play the half boards like Thornton, but also cycle back to the point and has a wicked slap shot. With Blake, Thornton, Heatly on the PP, it just adds more dimensions.

    I say if we can make the deal without giving up too much, we should do it.

    By the way, the Ottawa Sun is reporting a deal to send Heatly will be completed in the next few days.

    Stay tuned……

    Posted by FC Sharks FanNo Gravatar | August 5, 2009, 1:53 pm
  9. Let’s say we sign Heatley who has a salary of $8M the next 2 seasons after this one. Next year Marleau, Nabokov, Pavelski and Setoguchi are going to need new contracts. Let’s say we don’t win the cup (or say we do and we want to make another run at it), if everyone has ‘very good’ to ‘great’ years - Heatley’s salary is going to make it difficult to sign everyone. I guess my bias is based on the lengthy discussions around Vincent Lecavalier. His long term, $10M/year contract has become quite a burden on the Tampa Bay Lightning, in fact he’s quite often used as an example of how big contracts hurt teams. I’d hate to see us have bad years because of severe cap issues.

    Posted by sharksfanNo Gravatar | August 5, 2009, 2:38 pm
  10. Wait a minute, FC Sharks Fan - you read the Ottawa Sun?!?!?

    Posted by sharksfanNo Gravatar | August 5, 2009, 2:40 pm
  11. There was a link to the Ottawa Sun from another site I was reading. Not saying I believe it. I think Bryan Murray is leaking information to get more for Heatly from another team.

    Posted by FC Sharks FanNo Gravatar | August 5, 2009, 2:55 pm
  12. Here is the quote from DW regarding the cap situation 2010.

    The bad economy is expected to significantly shrink the cap in 2010, leaving many teams in a bind. Wilson said the Sharks won’t have that problem because contracts such as the ones belonging to Marleau, Nabokov and Blake will be expiring.

    “We have considerable flexibility in 2010, with almost $20 million coming off the cap,” Wilson said. “Other teams don’t have that. There are going to be a lot of players available later in this upcoming season because of what 2010 is going to bring.”

    What that means to me is that Marleau, Nabokov and Blake will not be back after their contracts expire and we spend the $20 million on other players.

    Posted by FC Sharks FanNo Gravatar | August 6, 2009, 7:51 am
  13. Doug Wilson is a genius - I guess the future of the Sharks is Ryane Clowe and Thomas Greiss…

    Posted by sharksfanNo Gravatar | August 6, 2009, 9:46 am
  14. Below is a partial list of free agent goalies for next year.

    Kari Lehtonen
    Johan Hedberg
    Jonas Hiller
    Frantisek Kaberle
    Marty Turco
    Carey Price
    Jaroslav Halak
    Dan Ellis
    Martin Biron
    Roberto Luongo
    Vesa Toskala
    Chris Mason

    I don’t think Doug Wilson is going to let Greiss become the goalie of the future without being tested. The money saved from Nabby may go to one of these guys. A lot of teams are going to have to dump salary for next year to get under the cap.

    Posted by FC Sharks FanNo Gravatar | August 7, 2009, 9:48 am
  15. I thought the Canucks signed Luongo to a long-term deal? Some interesting names on that list - Luongo, Hiller, Turco in teal?!

    Posted by sharksfanNo Gravatar | August 7, 2009, 10:53 am
  16. Not sure if Luongo actually signed, I know they were talking about a extention during the draft.

    I’m waiting for the oldtimer to chime in.

    Posted by FC Sharks FanNo Gravatar | August 7, 2009, 2:46 pm

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