What are the 10 best and the 10 worst contracts signed by the Vancouver Canucks in the Salary Cap era? The Canucks are a team with a deep selection of good and bad contracts. It’s interesting that 8 of their best 10 contracts were signed by Dave Nonis. Salary Cap inflation was figured into the equation, so they were still good in todays numbers.
1- Ryan Kesler, May 24, 2007, 3 years $5.25M: Signed by Dave Nonis. They got 244 GP, 171 PTS, 570 Shots, and 2019 face off wins (54.1% W%) for $5.25M. He was nominated for the Selke Trophy in the final year of this contract. That’s a bargain.
2- Henrik Sedin, Jun 30 2006, 3 years $10.7M: Signed by Dave Nonis. The team got 246 GP and 239 PTS at a bargain price. The twins got a significant pay raise on the next contract.
3- Daniel Sedin, Jun 30 2006, 3 years $10.7M: Signed by Dave Nonis. The team got 245 GP and 240 PTS at a bargain price. The twins got a significant pay raise on the next contract.
4- Henrik Sedin, Aug 10 2005, 1 year $1.2M: Signed by Dave Nonis. The Sedins took a giant leap forward coming out of the lockout. 75 PTS for $1.2M is great value. Even adjusted for a $73M cap that’s $2.3M
5- Daniel Sedin, Aug 10 2005, 1 year $1.2M: Signed by Dave Nonis. The Sedins took a giant leap forward coming out of the lockout. 71 PTS for $1.2M is great value.
6- Alex Edler, Oct 10 2008, 4 years $13M: Signed by Dave Nonis. The Canucks got 254 GP, 146 PTS, 623 shots, and 68 power play points out of this contract. A top pairing D for $3.2M AAV is great value.
7- Alex Burrows, Mar 4 2009, 4 years $8M: Signed by Mike Gillis. The Canucks bought 100 goals for $8M. That’s a great return on a cheap asset. Burrows was underpaid on this deal.
8- Anson Carter, Aug 16 2005, 1 year $1M: Signed by Dave Nonis. Anson caught lightning in a bottle being paired with the Sedin twins scoring 33 goals. Then he demanded too much money, left Vancouver, and was out of the league a year later.
9- Jannik Hansen, July 28 2011, 3 years $4M: Signed by Mike Gillis. The team got 200 GP, 86 PTS, from a strong checking line forward who kills penalties and can fill 2nd unit power play time. He got a raise on his next contract and even that was still a bargain.
10- Mattias Ohlund, Aug 24 2005, 4 years $14M: Signed by Dave Nonis. There were many team friendly contracts signed immediately following the season long lockout, this one was no exception. Good price on a top pair defenseman.
1- Roberto Luongo, Sep 2 2009, 12 years $64M: Signed by Mike Gillis. This contract sucks. That’s how Roberto Luongo himself described it. The part that still stings for Vancouver is they traded him away to Florida and are still paying a chunk of his salary. Lou is aging well and is a bargain for Florida, but is another tombstone in Vancouver’s goalie graveyard.
2- Loui Eriksson, July 1st 2016, 6 years $36M: Signed by Jim Benning. It seemed odd at the time that the Canucks would add a “big gun” UFA in the off season when nobody had the illusion this team was still a contender. In year 1 he scored 11G, 24 PTS in 65 GP; not worth the $6M AAV it cost.
3- Daniel Sedin, Nov 1 2013, 4 years $28M: Signed by Mike Gillis. Daniel had a decent first two years of this contract, but declined significantly in 2017 with his lowest points per game since before the salary cap, and was a -16 as the Canucks finished in 29th place.
4- Henrik Sedin, Nov 1 2013, 4 years $28M: Signed by Mike Gillis. Henrik had a decent first year of this contract with 73 PTS, but has declined significantly ever since. 2017 saw Henrik drop to his lowest points per game since before the salary cap, and was a -27 as the Canucks finished in 29th place.
5- Jason Garrison, July 4 2012, 5 years $27.6M: Signed by Mike Gillis. The man with the booming slapshot scored an improbable 16 goals in 2011/12, cashed in on the free agent market, and never came close to that total again (his goal totals for first 5 years of contract were 8, 7, 4, 5, 1). That’s not what you paid for.
6- Alex Burrows, Sep 15 2012, 4 years $18M: Signed by Mike Gillis. Burrows was underpaid on his previous contract, but made up for it on this contract at age 31. He scored half as many goals for twice the price as his previous contract.7- Luca Sbisa, Apr 8 2015, 3 years $10.8M: Signed by Jim Benning. I keep hearing people talk about this contract like it has value, but I don’t see it. He’s got limited offensive upside and is prone to making defensive mistakes. He hits and blocks shots. Those aren’t stats you need to pay big $ for.
8- Derek Dorsett, Apr 8 2015, 4 years $10.6M: Signed by Jim Benning. If you want to roster an enforcer, that’s fine, but you don’t need to pay him that much money. He’s now 30 years old and missed most of last season with a neck injury.
9- Chris Higgins, Apr 2 2013, 4 years $10M: Signed by Mike Gillis, bought out Jun 27 2016 by Jim Benning. The first two years of this contract worked out just fine with Higgins scoring 29 goals. Then in year 3 the wheels fell off and he dropped to 4 PTS in 33 GP before being demoted to the AHL and eventually bought out.
10- Steve Bernier, May 14 2009, 2 years $4M: Signed by Mike Gillis. There were high expectations when Bernier came to town. While he has since proven to be a decent NHL 4th liner, he’s not much more than that. He scored just 15 PTS in 68 GP in the last year of the contract.