No contract signed pre-covid and the pre-CBA extension is a valid comp for much of anything today. To use your example, Kreider is getting paid most of his signing bonus money in 20% escrow years.
Translation: a $6.5mm cap hit does not get you paid close to $6.5mm.

Players signing in the new environment can have more certainty of what they're getting in the end, so expect lower cap hits across the board.

If one or multiple other teams were willing to offer basically the same contract, then it's not an overpayment by definition. That contract can easily fit across multiple teams in the league.

i agree with you, but seriously, whos going to give 5.5 on a 7 year term to a guy with a career high of 47 points who had a bad year before who just came off big shoulder surgery? especially with the cap the way it is

You're looking at the surgery backwards. It is because of that surgery that the player is now healthier than he's ever been. Our doctors fully vetted the case prior to even entering into trade negotiations, let alone contract negotiations.
As for 47 points, some players get paid to put up points. Others get paid to produce goals. He already had a 27 goal season and can easily project to be a consistent 20-25 goal scorer. We can all expect to see a whole lot of Josh Anderson in front of the net focused on finishing off plays. For a player his age, and with his scarcity value? He would have easily gotten either 5 or 6 x $6mm from multiple teams. Bergevin preferred the lower cap hit in the end and added on extra year(s) to be able to accomplish that.

so the deal is actually a bargain is what your saying?

I'd say it's fair market value currently with the possibility of the contract evolving into decent value should the player evolve into a consistent 25-30 goal scorer.

He's one of those players who opens up space for his teammates, so even when he doesn't factor on the scoresheet with an assist, he'll often have still done a ton of work that is equally, if not more, valuable than an assist.

Even 20% return on savings isn't that high. You'd still make more getting all the money right away and just collecting profit by investing it literally anywhere.

Because the stock market goes up forever? "Risk free" assets yield exactly what right now? Somewhere less than 2-3%?
In the next 2 seasons there's also the highest risk of less than 82 game seasons. It's a no brainer to look for max payments (and especially signing bonuses) in 2023-2035 window. Unsurprisingly, that's exactly what most of the player with maximum leverage have already done in signings since the cba was extended.

Yes.

Bubble talk. I love it.

What I'm saying isn't remotely contested or controversial.

What did financial markets do between 1929-1933 specifically? (just to be clear, 2009-2020 is currently the longest bull market in stock market history. a parallel to the roaring 20's much?)

And then? You're arguing against one of the largest statistical bodies of work in history. Money machine goes brrr

Translation? Don't buy stocks with a 5-10 year time horizon if you're living in 1929 (or also, likely, today).
You literally couldn't possibly have posted a more useless chart.

You still don't get it? Even if the economy has a down period, it's on an unstoppable upward trend. That trend is exponential. Hockey players making several million a year typically don't need to extract cash tomorrow. The economical trend had every single reason top regress this year and vault us into a recession. It looks like we're coming out of it fine.

You on the other hand are quoting some similarities to one time period where literally billions of variables are different, and expect me to just buy that trend? This is ultimately a pointless discussion, cause I don't sense you changing your mind, so I think we should leave it at that.

"Even 20% return on savings isn't that high. You'd still make more getting all the money right away and just collecting profit by investing it literally anywhere."

You're right, with a starting statement like that, this was inevitably going to be a useless conversation. Suivant next.