The Strategic Value of Bridge Contracts in the NHL
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Back in the 2013 off-season, the Nashville Predators made a savvy move by securing Roman Josi, a relatively unknown young defenseman, on a seven-year contract worth $4 million annually. At that time, Josi had just completed a shortened season, boosting his average ice time from 18 to 23 minutes per game, and was gaining prominence alongside veteran Shea Weber. Although his offensive output had yet to reflect his potential, General Manager David Poile recognized Josi's talent and locked him in, a decision that would soon prove to be one of the best bargains in hockey.
Within a mere three years, Josi had garnered two top-five finishes in Norris Trophy voting, demonstrating that his value far exceeded his cap hit. He remains under contract for two more seasons, and his worth is now at least double his current salary. Similarly, after John Klingberg's impressive rookie season, the Dallas Stars offered him a seven-year deal with a $4.25 million AAV, which also reflects a good percentage of the salary cap. Klingberg has ranked among the top defensemen in points over the last three seasons, yet he too will be underpaid until the end of his contract in 2021-22.
The trend of bridge contracts seems to be gaining traction among players, as seen with Nikita Kucherov and others. Kucherov, after establishing himself as a key player for the Tampa Bay Lightning, opted for a "team-friendly" bridge deal of $4.77 million AAV, allowing him to maximize his value before seeking a more lucrative long-term contract. This decision paid off when he later secured a significant deal worth $9.5 million AAV that begins next season.
Players like Josh Morrissey and Darnell Nurse have followed suit, using bridge contracts as a strategic move amidst cap constraints. Their agents acknowledge that such deals can be beneficial for both the team and the player in the long run. Morrissey, for example, will be poised for a more lucrative contract when he turns 25, ideally while at the peak of his performance.
As more players recognize the advantages of bridge deals, it may signal a shift in negotiation strategies across the league. Choosing a bridge contract could allow players to secure significant earnings in their mid-20s, rather than deferring unrestricted free agency until their 30s. This approach may redefine how players view their contracts—transforming the notion of sacrificing for the team into a smart business decision for those confident in their abilities.
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