Kukla's Korner Hockey
More Bust Than Boom
by Paul on 06/27/08 at 04:22 PM ET
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from Eric Duhatschek of the Globe and Mail,
They say patience is a virtue and nowhere is that more evident than in the upcoming NHL free-agent season, where the handful of players that will get to July 1 without signing new contracts, stand to make small fortunes, on the grounds of limited supply and overwhelming demand.
The salary cap bump — to $56.7 million — and the pressure on half-a-dozen NHL teams to make the playoffs next season without fail, means they are open for business and will do whatever they can to land the Marian Hossas and Brian Campbells, who are out there, ready to listen to offers….
Even knowing the history of free agency — more bust than boom - is not going to dissuade some teams from opening their wallets on Tuesday, however. After all, there is one single truth that applies to NHL teams, pre and post-lockout, as expressed by that old philosopher/left winger, George Santayana: Those who cannot remember the past are condemned to repeat it.
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