If TSN’s Pierre Maguire would describe Shawn Horcoff’s six-year $33 million contract, you can pretty much guess what he would have to say.
“It’s a monster.”
In today’s tough economic climate and at a time when the NHL’s salary cap isn’t getting any higher, Horcoff’s monster contract has turned into Godzilla for GM Steve Tambellini. Thank you Kevin Lowe.
The contract has handtied the Oilers from making any deals, so forget about signing free agent Mike Comrie or making any earth shattering trades during the season. The Oil would have to give up a lot for a star player.
With no changes in store for the copper and blue, Horcoff now has the world on his shoulders and fans will more than likely remind him about his contract if he struggles this season — just as they did with Dustin Penner.
The centreman inked his name to the deal back in July 2008 before earning $3.6 million during the 2008-09 season.
Now Horcoff is set to make an eye-popping $7 million this season for a player that notched 17 goals and 36 assists for 53 points in 80 games last year.
Ottawa Senators star forward Jason Spezza was an $8 million player last season when he scored 32 goals and 41 assists for 73 points in 82 games.
Calgary Flames forward Jarome Iginla inked his name to a contact last year that would see the player earn $7 million a season until it expires in 2013.
And not to rub it in Oiler fans, but Iggy scored 35 goals and 54 assists for 89 points during a $7 million season in 2008-09.
Horcoff hasn’t had a 70-point season since 2005-06 when he was on a line with Ales Hemsky and Ryan Smyth. The top-line centre scored 22 goals and 51 assists in the same season when the Oilers made that infamous run to the Stanley Cup finals.
Here’s a quick breakdown of Horcoff’s stats and salary, according to capgeek.com:
2006-07: 16 goals +35 assists = $3.6 million
2007-08: 21 goals + 29 assists = $3.6 million
2008-09: 17 goals + 36 assists = $3.6 million
2009-10: ? goals + ? assists = $7 million
2010-11: ? goals + ? assists = $6.5 million
2011-12: ? goals + ? assists = $6.5 million
2012-13: ? goals + ? assists = $6 million
2013-14: ? goals + ? assists = $4 million
2014-15: ? goals + ? assists = $3 million
Horcoff needs to score around 70 points or more this season to be worth $7 million. There will be lynch mobs hanging outside Rexall Place come April 2010 if he doesn't.