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THE BOOK--Playing The Percentages In Baseball

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Friday, August 15, 2008

92 million dollars?  No, 7.45… take it or leave it.  I’ll take it!

By Tangotiger, 12:56 PM

Marian Hossa is one of the best players in the NHL, a free agent, had a great post-season, went to the finals, and he seemed to have been offered some Ovechkin-like contract, some $92MM long-term deal.  Instead he opted for a one-year $7.45MM deal:

“I asked what they were looking for,” Holland told Landsberg.  “It was north of 7.5 (million).  I told them I was uncomfortable (having Hossa make more than Lidstrom). “In the end, Marian Hossa told me to not bother calling Nik, one year at 7.45 - it was a done deal.”

Even his agent was surprised.  “I have never been involved in a deal and seen a player get so excited to take $85 million less than he was offered elsewhere,” Winter told The Canadian Press. “It’s almost incomprehensible, even to an agent. But Marian is a special player.”

To put this in baseball perspective, you need to double all NHL salaries to get it into MLB terms.  He effectively turned down a $185MM multi-year deal, for a 1 year $15MM deal to play for the best team in the league.

(1) Comments • 2008/08/15 • SabermetricsFinancesOther SportsHockey
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August 15, 2008
92 million dollars?  No, 7.45… take it or leave it.  I’ll take it!