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San Jose Sharks

San Jose Sharks Free Agent Day: Devin Setoguchi, Marty Turco

San Jose SharksI was very suspicious when the San Jose Sharks signed one restricted free agent, Joe Pavelski, for an estimated $16M over 4 years yet only extended a qualifying offer to their other restricted free agent, Devin Setoguchi. I had to look it up, but here’s the definition of a ‘qualifying offer’ (from ‘about.com’):

“The current team must extend a “qualifying offer” to a restricted free agent to retain negotiating rights to that player.

Players who earned less than $660,000 in the previous season must be offered 110 percent of last season’s salary. Players making up to $1 million must be offered 105 percent. Players making over $1 million must be offered 100 percent.

If the qualifying offer is not made, the player becomes an unrestricted free agent.

If the player rejects a qualifying offer, he remains a restricted free agent.”

Devin Setoguchi #16 of the San Jose Sharks moves the puck while taking on the Chicago Blackhawks in Game Three of the Western Conference Finals during the 2010 NHL Stanley Cup Playoffs at the United Center on May 21, 2010 in Chicago, Illinois. (Photo by Jonathan Daniel/Getty Images)

Setoguchi (via nhlnumbers.com) made $765,000 plus possibly another $425,000 in bonus money last season. Setoguchi was born on New Year’s Day 1987 so he’s 23. If Devin hasn’t signed a contract by now it means that the Sharks didn’t extend him something near what Pavelski got and/or Setoguchi thinks he can make a killing on the free agent market. Whatever happened the Sharks positioned themselves to get something in return if he leaves (a condition of a ‘qualifying offer’). I’m pretty sure someone is willing to sign Setoguchi to a Pavelski-ish contract and I don’t think the Sharks have the space to match that offer. I’d be really surprised if we see him back with the team next year.

Goaltender Marty Turco #35 of the Dallas Stars at American Airlines Center on March 31, 2010 in Dallas, Texas. (Photo by Ronald Martinez/Getty Images)

The talk around goal tender is of course Marty Turco. A one year deal would be perfect - it gives the Sharks a veteran goal tender, it gives Turco a viable option to win a Stanley Cup and it gives Thomas Griess another veteran to learn from for one more year. I’m not saying he would be the perfect goal tender for the Sharks, I just mean it would be a perfect situational signing. The final analysis wouldn’t be until the end of the season.

And with so many goalies on the market it’s really doubtful that Evgeni Nabokov could command the same salary he made last year. Speculation is that he might go to the KHL - locking down a big, guaranteed contract for one year. I’m not so sure about that. If you remember his poor performance in the Olympics, would a Russian team be willing to give him big money after participating in the embarrassment of their national team?

Other than goalie I’m excited to see what defensemen Doug Wilson acquires. I think we’re all willing to forgive the Niclas Wallin and Kent Huskins contracts if we see some blockbuster move on defense like the one we saw on offense last year.

Finally, please sign Manny Malhotra - unless I missed something he still hasn’t signed.

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Discussion

One comment for “San Jose Sharks Free Agent Day: Devin Setoguchi, Marty Turco”

  1. Manny is on his way to Vancouver, but we still have a goalie whose surname begins with N, so that’s cool. I too hope that Seto will return, but I think you are right when you say we won’t see him in teal next year.

    Posted by unrulytravllerNo Gravatar | July 1, 2010, 11:22 am

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