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Devils Sign Dougie Hamilton - 7 years, $63 million


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11 hours ago, SterioDesign said:

chicago could have just... wait and sign Hamilton and they would have gotten a better player and be 2 first round pick, a 2nd and Boqvist... richer. 

What a dumb move that i'm glad they made

You’re not wrong about this, and it makes me wonder if Hamilton coming to the Devils wasn’t a little more of a foregone conclusion than it appeared to be. 

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47 minutes ago, mfitz804 said:

You’re not wrong about this, and it makes me wonder if Hamilton coming to the Devils wasn’t a little more of a foregone conclusion than it appeared to be. 

Maybe he let it be known he wanted nothing to do with the Penn State level sh!t show that's just getting started in Chicago with these sexual abuse allegations that allegedly the team did nothing about.

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https://theathletic.com/2738062/2021/07/29/the-best-and-worst-deals-from-the-first-day-of-nhl-free-agency/

The “Best” Deals

There weren’t many Actually Good signings, but some were better than others enough to count and there were a number of cheap deals with some promise. Before we get to the trainwreck, here are some of the bright moments from the opening day of the frenzy.

Dougie Hamilton: It’s not often the most lucrative contract of the day is the best one. Generally, there’s a good chance it’s the worst. That’s not the case with Hamilton who has long been underrated by Hockey Men everywhere and is now on a potential good value deal as a result. The fact he was paid $500K per season less than Seth Jones is truly bewildering given the past two seasons for both players. Hamilton is better than Jones. Full stop. There was maybe an argument for it before last season, but not anymore. I will not be listening to anything suggesting the contrary.

At $9 million per, the expectation for Hamilton is to be a two-win defender through the life of the deal. He’s at 3.2 wins to start and should be worth 2.6 on average when taking his age into consideration, giving him a strong cushion to be worth his lofty price tag. He’s a unique player with only one comp so it’s hard to judge exactly how he’ll age, but that one comp is Brent Burns who was still pretty damn effective in his early 30s.

There is a good chance public models overrate Hamilton’s impact and I don’t want to downplay that. But everywhere he goes and plays, he earns elite results and that’s been at both ends of the ice the last two seasons. Hamilton finished fourth in Norris Trophy voting last season and should continue to be in contention for the next few years. He’s a true No. 1 defenceman, an elite one at that, and that’s worth the price of admission here. 

Hamilton’s deal comes in with a surplus value of $18.8 million over the life of the deal leaving plenty of room for error if the model is indeed overrating him. It’s also far and away the most surplus value of any deal on the day. The Devils benefit greatly from an unfair and undeserved reputation. Hamilton is the real deal.

Edit: I give up on formatting

Edited by Devilsfan118
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So the full NMC turns to a 10 team NTC in the last three years.  The last three years also have lower salary totals so it makes it easier for the team to buy him out in regards to cap recapture penalties.  If I remember correctly, the team pays 2/3 the remaining salary (not including signing bonuses) for double the remaining length.  So if sh!t goes awry and they can't trade him and need to buy him out after year 4, it's less than a mill against the cap for 6 years.

Math: (check it)
Year 5 salary: $1m
Year 6 salary: $1m
Year 7 salary: $5.25m

($7.25m*0.66) / 6 years = $797,500/yr

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3 minutes ago, SterioDesign said:

I guess there's a live event with Hamilton answering question on fb. But Bob McKenzie didnt tweet about it so i dont know if i should believe it

Youtube. Live at the moment.

 

Edited by Aitchmack
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1 hour ago, Aitchmack said:

Youtube. Live at the moment.

 

I haven’t watched this yet but I heard he gave Marty a lot of credit for selling him on NJ. And I know Bernier said the same thing. I absolutely love having Marty in the FO. He obviously brings a lot of respect (and always will), which can only help having a very green GM. 

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1 hour ago, Nicomo said:

I haven’t watched this yet but I heard he gave Marty a lot of credit for selling him on NJ. And I know Bernier said the same thing. I absolutely love having Marty in the FO. He obviously brings a lot of respect (and always will), which can only help having a very green GM. 

Yeah Marty definitely brings credibility, no doubt about it. 

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2 minutes ago, Devil Dan 56 said:

I follow a few goalie pages and its incredible how many people drag Marty. 

There’s fans in our fan base that do. 

What goalie pages are you talking about? Anything that would help me with my puck project?

Edited by mfitz804
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49 minutes ago, Devil Dan 56 said:

I follow a few goalie pages and its incredible how many people drag Marty. 

It’s unbelievable that the winningest goalie of all time could actually be underrated by large factions of supposedly knowledgeable hockey fans. But he is in my experience. So many people think it was all the defense in front of him. Like he never won two Vezina’s after Stevens and Niedermayer were gone. 

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3 minutes ago, Nicomo said:

It’s unbelievable that the winningest goalie of all time could actually be underrated by large factions of supposedly knowledgeable hockey fans. But he is in my experience. So many people think it was all the defense in front of him. Like he never won two Vezina’s after Stevens and Niedermayer were gone. 

The Devils won a Stanley Cup almost immediately upon his arrival, and came pretty close the year before that. One could argue that the team never had more than marginal success before or after him. 

Granted, he was here a lot of years, but what did the team accomplish from 1982-92 and 2014-present? 

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18 minutes ago, mfitz804 said:

The Devils won a Stanley Cup almost immediately upon his arrival, and came pretty close the year before that. One could argue that the team never had more than marginal success before or after him. 

Granted, he was here a lot of years, but what did the team accomplish from 1982-92 and 2014-present? 

Well sure, buts that not really what I’m talking about. Many non-Devils fans think the Cups were 100% the defense and the trap. Like any decent goalie could have been in there. It’s super annoying. 

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4 minutes ago, Nicomo said:

Well sure, buts that not really what I’m talking about. Many non-Devils fans think the Cups were 100% the defense and the trap. Like any decent goalie could have been in there. It’s super annoying. 

Fvck those idiots. 

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I was in the hospital Wednesday and Thursday, so I missed the announcements of the Devils' trades and signings. I am so glad to see that they made moves to improve the rebuild of the goaltending and the defense. 

 

Way to go Fitz

 

Let's Go Devils

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1 hour ago, Brewskies said:

I was in the hospital Wednesday and Thursday, so I missed the announcements of the Devils' trades and signings. I am so glad to see that they made moves to improve the rebuild of the goaltending and the defense. 

 

Way to go Fitz

 

Let's Go Devils

Too many brewskies?

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