Submitted 344 days ago...
Answer 1 / 10
Submitted 344 days ago...
Answer 2 / 10
Submitted 344 days ago...
Answer 3 / 10
Submitted 344 days ago...
Its a great way to pay someone a lot - but not all this year. If he does not play in years 10, 11, 12, you've sacrificed a little for a good player today. Since the cap is somewhere around $40 or $50 million - this is a good short term strategy for paying someone boatloads to play for you. It sells your team a little short in the long run though. With revenue sharing, I'm not sure what the exact salary cap is for the NHL right now. The minimum pay is $34.3 million for this year (07 - 08), though I don't see an upper limit. I'm also not positive on payroll when it comes to being hurt and not being able to play. This might have a factor too.?
Answer 5 / 10
Submitted 344 days ago...
Rick - no you don't need to ask a question for this. You can let it ride here, or open a completely new question. It's your call. Here is your answer though, it's Rick DiPietro as of Sept 2006 for the NHL
http://www.buzzle.com/editorials/9-12-2006-108559.asp
I'm almost shocked there is not one contract that has "extended for the lifetime of the player". Seems smart enough if you have a star on your hands. Then again, sports players only play for so much time, so a 25 year contract lasts more than the lifetime of the player. (why pay $70 million over 15 years when you can pay $70 million over 30 years?)
Finally, looking into this - Magic Johnson signed a 25 year contract as well back in 1985.
Answer 6 / 10
Submitted 344 days ago...
Answer 7 / 10
Submitted 344 days ago...
Answer 8 / 10
Submitted 344 days ago...
Answer 9 / 10
Submitted 337 days ago...
Answer 10 / 10
Submitted 337 days ago...
I think it is way to long.
To much can change. People can change. Priorities can change. Sponsorships can change. Skill levels can change.
The NBA has a law in place, that prevents players to sign long term deals past the age of 36 I think it is. The Denver Nuggets are running into this problem trying to keep Alan Iverson for a few more years.
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