“What Florida is doing is embarrassing”

That quote is referencing the Florida Panthers spending spree in an effort to get to the NHL’s new cap floor of $48 million, which they are still $1 million under. This actually started about a week ago when theyt raded for Brian Campbell’s ridiculous contract and then followed it by giving Tomas Kopecky $3 mil per year. Here’s the moves they made today:

Jose Theodore: 2 years, $3 mil
Scottie Upshall: 4 years, $14 mil
Ed Jovanovski: 4 years, $16.5 mil (35+)
Marcel Goc: 3 years, $5.1 mil
Tomas Fleischmann: 4 years, $18.5 mil
Sean Bergenheim: 4 years, $11 mil

Theodore’s and maybe Bergenheim’s are the only contracts here that address needs but the rest is just a case of Dale Tallon spending money because he feels he has to but this is not what you want to do when you’re a team who is in financial trouble. What good does giving Jovanovski a 4 year contract do other than possibly block Erik Gudbransson from getting a roster spot? Looking at their potential depth chart, Scottie Upshall would be their first line winger, which he is not. He is a solid player who would make a good addition to a contending team’s 2nd or 3rd line but he is not worth the $3.5 mil per season and 4 year contract the Panthers gave him. The worst part of this is that these stupid contracts they are giving out is setting the market for other players, who are going to be overpaid as well. Upshall and Tomas Fleischmann’s DISGUSTING contract are proof of that. There were going to be players overpaid this summer and FLorida is doing nothing but making it worse.

All Florida is doing with this is losing money by investing them in mediocre players and letting them take up roster spots for the next 3-4 years that could go to some of the promising youth they have in their system. It could be an ugly next few years for this team.

 

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