Wednesday, July 02, 2008

Red Wings land Hossa

Less than a month after being bouned from the Stanley Cup Final, Marian Hossa has decided to join the Detroit Red Wings.

Sources tell TSN that free agent Hossa has signed a one-year, $7.4 million deal with the Red Wings.
The term on this contract is incredibly interesting given some of the long, long-term options that were out there, but the Red Wings have to get Henrik Zetterberg and others' names on contracts after this season and weren't in a position to offer a behemoth deal.

So much for Hossa following the money, however, as he's chasing a Cup with this contract. There's something to be said for going to a perennial contender, and Detroit's certainly that.

Tyler Dellow and I were discussing the Hossa rumours last night, and he seemed to think the Oilers were the favourites. I'm sure they were in the running with the cash they were offering, especially given how few teams could afford a $7.5-million to $9-million contract at this point.

I said that Detroit had cash and was in the mix, and that they'd be a pretty appealing option if he wanted to win. Edmonton, perhaps not.

It's worth noting that this contract would have been perfect for the Penguins.

As someone has already pointed out in the comments, the one-year deal means Hossa will again be a UFA next summer, and after a strong year in Detroit, he could command a huge payday.

It's the circle of life.
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22 Comments:

At 1:07 PM, July 02, 2008, Anonymous Adam said...

Cue up "Fiesta Mexicana".

 
At 1:08 PM, July 02, 2008, Anonymous Anonymous said...

Datysuk, Zetteberg, and Hossa.

Will anyone ever score on that line?

 
At 1:23 PM, July 02, 2008, Anonymous Dave said...

Wow, the realist in me never thought signing Hossa was possible. I am quite pleasantly shocked.

 
At 1:23 PM, July 02, 2008, Anonymous Rod said...

There's also the angle that Hossa's "counting numbers" will improve with a season in Detroit. The goals and assists will undoubtedly rebound, and Hossa's plus/minus will look a lot better too. If there was a frenzy to sign him this year, imagine next summer. Whatever money he may have left on the table this year will be dwarfed by the size of the deal he gets next summer.

 
At 1:44 PM, July 02, 2008, Blogger Doogie said...

The Oilers couldn't even afford the contract they were offering without tossing two or three more players overboard. The Wings can keep him.

 
At 1:50 PM, July 02, 2008, Blogger Kel said...

No team has won the Cup back-to-back for a long time. The signing somewhat reminds me of the Cujo signing with Detroit to play for the Cup.

 
At 1:54 PM, July 02, 2008, Blogger The Gate To The Groin For Yannick Bertrand said...

I'm guessing the Habs came up a few dollars short, and by a few, I mean something like 3,400,000.

If it hadn't been for the Kostitsyn signing (which is huge) I'd be asking Mr Gainey how his day off yesterday went.

 
At 2:00 PM, July 02, 2008, Blogger Ben said...

If the cap keeps going up, he'll have no problem netting $9M next season on a long-term contract.

...just for the irony, I hope he breaks his leg.

 
At 2:04 PM, July 02, 2008, Blogger Lousy Bum said...

@ Kel:

And who was the last team to do it?

Exactly.

 
At 2:05 PM, July 02, 2008, Blogger The Gate To The Groin For Yannick Bertrand said...

No team has won the Cup back-to-back for a long time. The signing somewhat reminds me of the Cujo signing with Detroit to play for the Cup.

Except that most Cup-winning teams are unrecognizable by their next season after they lose top players to free agency and the rentals jump ship.

Make no mistake, next year's Wings will be just as good, and now maybe even better. And that's kind of scary.

/wetting pants

 
At 2:07 PM, July 02, 2008, Blogger poploser said...

Every since Hossa was traded to Pittsburgh, I kept thinking "why would he possibly leave Pittsburgh? Where else could he get a chance to play on such a talented team with such a good chance of winning a Cup?"

Never really thought about Detroit, so now I know! And very smart to go for a 1-year deal, cause even if he doesnt have a great season, he will likely have the same type of frenzy next year.

 
At 2:24 PM, July 02, 2008, Blogger Kel said...

Detroit did it last time over ten years ago, so they'll automatically do it again after adding Hossa? I wouldn't bet against it (actually I would given the right odds, but that's outside the point), the chance isn't as great as you may think.

The 2002 Cup winning Red Wings were very much the same as 2003 Red Wings, except that Joseph and Zetterberg were added. Did they repeat?

 
At 2:26 PM, July 02, 2008, Blogger Hallock said...

Looks like the Red Wings really cleaned up this off season. The Hossa signing came as a surprise to me, I thought they would pursue Sundin more. I hope Hossa pans out well though.

 
At 2:55 PM, July 02, 2008, Blogger Dennis Prouse said...

Hossa almost certainly signed this deal against the advice of his agent. By turning down a long term contract, he is taking a huge risk. If he suffers a career ending injury, he gets nothing after this year. Of course, he should have enough money to live on for the rest of his life even now, but nontheless it is surprising, and refreshing, to see an athlete make a decision like this.

 
At 3:05 PM, July 02, 2008, Blogger In Bob We Trust ;) said...

I like this move ALOT...then again I also REALLY liked the Kariya signing in Colorado a few years back.

which, if I recall, didn't turn out so good.

I hope it works, but sometimes you can have too much talent to go around...I'll wait until December to see if this one works out (even though I'm pretty sure it will)

 
At 3:17 PM, July 02, 2008, Blogger Eric said...

Wow! I dont want to get too excited as I did for the Tigers, but Detroit is looking strong. Team chemistry is going to be the most important thing at this point. Red Wings teams may have had too much talent.

 
At 3:22 PM, July 02, 2008, Anonymous Ryan said...

Wow, a one year deal. It was obvious that's what the Wings wanted, but I didn't think they had a chance of getting anyone to agree to that, let alone Hossa.

The 2003 Red Wings were mostly the same team, but they were an old team that got one year older. And they lost a pretty decent coach, too. These Wings are still a relatively old team, but nothing like back then. Of course, it's not likely they'll repeat (there are 30 teams, half with a realistic chance of winning, and 6-7 with a good chance), but I think Detroit has a better chance of winning the Cup than any other single team.

 
At 5:03 PM, July 02, 2008, Blogger HBomb said...

thought they would pursue Sundin more.

The second I said that, I had to check the NHLNumbers website to make sure they didn't have the cap space to still do that.

Unless Sundin takes a massive paycut to 2 million a year, not happening.

Anyways, interesting to look at the value of this contract. 7.4 million dollars. Nicklas Lidstrom makes 7.45 million. Now I wonder if there's a glass celing in terms of annual salary in Detroit (i.e. NO ONE makes more money than #5)?

Once again, that organization leaves me in awe. Next step will be the below-market-value extension that Zetterberg will accept. You know it's coming folks....

 
At 9:29 PM, July 02, 2008, Blogger dwillms said...

Ken Holland talked about the "glass ceiling" on OTR today. According to him Hossa wanted >$7.5 mil on a 1-yr deal, which would have broken the promise he made to Lidstrom to be the highest-paid player on the team.

He said he would contact Nick to run the idea by him, but Hossa came back and said not to bother, he'd sign for $7.4 mil.

Holland also said they won't sign anybody Sundin or any other FA's, they are done for this off-season.

 
At 11:47 PM, July 02, 2008, Blogger Old said...

The rich get richer. It is interesting that Detroit has so many great players, some through the draft, and some through free agency, while other teams who spend equally, or spend more, seem to just plug along not getting anywhere really.

 
At 9:21 AM, July 03, 2008, Anonymous Rachael said...

dwillms - I guess Hossa didn't want to ge screwed by that clause again like he did with the Alfie clause in Ottawa. Although that only lasted for one more season.

 
At 12:01 PM, July 03, 2008, Blogger JoBu said...

Quote:"Ken Holland talked about the "glass ceiling" on OTR today. According to him Hossa wanted >$7.5 mil on a 1-yr deal, which would have broken the promise he made to Lidstrom to be the highest-paid player on the team.

He said he would contact Nick to run the idea by him, but Hossa came back and said not to bother, he'd sign for $7.4 mil."

Wow, twist that knife a little deeper into the gut of the Pens... I love it.

 

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