According to The Athletic’s Dom Luszczyszyn, the Detroit Red Wings are the proud owners of the NHL’s worst contracts on a team-wide basis, and they captured the title by a country mile’s worth of Ken Holland’s bad contracts:
Last, and certainly least, it’s Detroit. How could it be any other team? With four contracts in the D-range on the books, the Red Wings are in a four-way tie for the most bad deals in the league. Where Detroit differs is that the other teams have a few more above average deals to offset the pain. Not Detroit who have as many toxic deals as above-average ones. Those belong to Dylan Larkin, Anthony Mantha, Tyler Bertuzzi and Andreas Athanasiou – four forwards that provide the bulk of the team’s on-ice value. Without them, this team would be cooked.
The biggest issue for Detroit is how much the team is spending for a marginal win over the remainder of their contracts. It’s not just the alarming number of poor deals, or the certainty in how bad those deals are, but the fact that those deals are mostly for players that bring huge negative value. The team is spending $14.5 million per win, the league’s second-highest mark. That contributes to the team’s 35 percent average for positive value probability which is the league’s lowest mark, stemming from seven deals sitting at an under 20 percent success rate.
The team signed a replacement level forward to a two-year deal worth $3 million per, and it’s somehow not even close to being the worst deal on the books. That honour could go to Trevor Daley or Danny DeKeyser or Jonathan Ericsson or Darren Helm or Frans Nielsen or Justin Abdelkader and the fact the team has this many options is why they’re ranked so low.
Continued (paywall), and, as Luszczyszyn concludes, Red Wings GM Steve Yzerman has his work cut out for him…