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Bruins sign 4 players including Gregory Campbell

The Bruins announced today that they have agreed to terms with Gregory Campbell on a two-year deal and have re-signed minor leaguers Andrew Bodnarchuk, Adam McQuaid, and Jeff LoVecchio to extensions. Bodnarchuk and LoVechhio signed one-year deals, while McQuiad has signed on for two more seasons.

James Murphy of ESPN Boston and NESN.com is reporting that Campbell's deal is worth $1 million this year and $1.2 million the following year. The $1 million paycheck is a $200,000 bump from the $800,000 he earned last year in Florida. The centerman was scheduled to go to arbitration on July 22nd. I think Peter Chiarelli and his hockey ops crew were wise to sign this deal before the 22nd. The last thing you want is a contentious salary dispute before Campbell even steps on the ice for the Black & Gold. I think "Soup" will slide into Steve Begin's old spot on the 4th line and should be an upgrade over Begin, who was invisible for most of the '09-'10 season.

Fluto Shinzawa of The Boston Globe reported last week that Jeff LoVecchio had accepted his qualifying offer, but the deal was not announced until today. According to Shinzawa, the one-year, two-way deal is worth $605,000 at the NHL level and $62,500 in the AHL. The 24-year-old winger could see some time up with the big club this season as a call-up.

Bodnarcuk and McQuaid were both used as call-ups last season and will both likely have opportunities at the NHL level again this season.

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two things

1: Excellent picture choice
2: Campbell better be damn good or he’s overpaid.

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by Cornelius Hardenbergh on Jul 15, 2010 5:59 PM EDT reply actions  

Not really. $1 million for a player with 5 years NHL experience isn’t that out of line.

by Stanley Cup of Chowder on Jul 15, 2010 6:05 PM EDT up reply actions  

1.1 million cap hit, not 1 million. We’re pretty screwed cap-wise right now. We’ve got 19 players out of 23 under contract and $587,229 in cap space, per capgeek.

I have to wonder what we would have paid in arbitration, especially considering the deals some guys have been getting recently.

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by Cornelius Hardenbergh on Jul 15, 2010 6:11 PM EDT up reply actions  

In a hard-cap world the 1.1 is all that matters unless you’re a Bruins accountant or the player.

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by Cornelius Hardenbergh on Jul 15, 2010 6:15 PM EDT up reply actions  

if they can’t find a suitor for thomas and wave him and no picks him + 2.5 cap hit and he goes to providence, what does that do for the cap for us?

by 14G_ on Jul 16, 2010 9:08 AM EDT up reply actions  

Over-35 contract so he’s on the books either way.

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by Cornelius Hardenbergh on Jul 16, 2010 10:45 AM EDT up reply actions  

McQuaid’s deal is a 2-way deal this year and a 1-way deal next year, so it sounds like they are looking for him to make the jump to the big club in the next year or two.

by Stanley Cup of Chowder on Jul 15, 2010 6:07 PM EDT reply actions  

Huh. Well our two UFAs for next year on Defense are Chara and Stuart. Here’s hoping they’re not gearing up to drop Chara.

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by Cornelius Hardenbergh on Jul 15, 2010 6:38 PM EDT up reply actions  

PC has stated a few times that Big Z will see an extension before that, so pretty sure he’s staying.

An escalator can never break. It can only become stairs.

by jjoe1185 on Jul 16, 2010 5:55 AM EDT up reply actions  

Chara’s contract extension is likely to be his final contract and we might get a discount or a front loaded deal to reduce the cap hit.

by BruinsSelectSeguin on Jul 16, 2010 10:58 AM EDT up reply actions  

There won’t be a lot of help cap-wise from Big Z’s deal.

Chara’s extension would be classified as an “over 35” contract. He turns 34 in March 2011 (next season). He’ll turn 35 in March 2012, the first season of the extension. If I’m reading the rule right, that makes him subject to the over 35 rule, meaning that the Bruins couldn’t do one of those deals where they write the contract for 10 years but only expect him to be playing for five of those.

His cap number might come down a bit, but I wouldn’t expect a drastic decrease. A deal for 4 years and about $24M seems like it would be in the right range.

by Phunwin on Jul 18, 2010 2:51 PM EDT up reply actions  

I’m thinking something along the lines of 5 to 5.5 per year and the term being 4-5 years.

by BruinsSelectSeguin on Jul 19, 2010 1:22 PM EDT up reply actions  

Have you guys learned nothing from the Thomas deal or what?

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by Cornelius Hardenbergh on Jul 19, 2010 1:54 PM EDT up reply actions  

But they’re probably right on as to what it would take to keep him! Less than 4 years and I think he walks!

by SkateHitShoot on Jul 19, 2010 2:01 PM EDT up reply actions  

4.5 mil per year for 4 years…. even though d men are getting way overpaid, its still the same as what kaberle is making, for nowhere near the production, no way chara should be opposed to that, definately fair value for an aging captain that really doesnt put up the numbers he used to

by BlueNGoldBomber on Jul 19, 2010 5:52 PM EDT up reply actions  

Given the current market for defensemen, I would be surprised if Chara signs for much less than what I suggested. Chara also represents a far better long term investment than Timmy.

by Phunwin on Jul 19, 2010 6:36 PM EDT via mobile up reply actions  

I’d say this was a drury-esque revenge signing if it was for less than a million, but we can’t even go that far.

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by Cornelius Hardenbergh on Jul 15, 2010 6:24 PM EDT up reply actions  

Mcquaid’s deal is 2-way this season and 1-way next season. Huh.

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by Cornelius Hardenbergh on Jul 15, 2010 6:33 PM EDT reply actions  

Per Bruins Twitter, here’s the media conference call: http://dl.dropbox.com/u/2156653/0715_ccall_chiarelli.MP3

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by Cornelius Hardenbergh on Jul 15, 2010 6:39 PM EDT reply actions  

We didn’t really need this guy, but I’m not upset that we signed him. I feel as though he deserves less, especially when old man recchi (and I mean that with upmost respect) is getting paid the same as him.

by delta on Jul 16, 2010 1:05 AM EDT via mobile reply actions  

A solid signing. Though I expected him to sign for 100-150k less, but I don`t think his price is all that outlandish.

by BlueNGoldBomber on Jul 16, 2010 1:33 AM EDT via mobile reply actions  

Doesn't feel like a bad signing by itself - though manuevering to get under the cap is going to be real interesting

I don’t know enough about Campbell to feel great about this deal, but $1.2M for a 4th line center seems okay – it’s 25% more then they paid Begin last year, I feel it’s likely to see at least 25% more production from Chunky (the soup).

Beyond this deal on it’s own island, seems more and more like PC is going to round out the roster and will adjust to the cap as necessary when all the dust is settled. As I see it now there are three 3 potential cap moves:

1. Trading Savard (Boo)
2. Trading Thomas (Not much better)
3. Optioning Ryder to Prov (Slightly Better)
4. Packaging draft picks or prospects with either 1 or 2 (Worse case scenario to me)

Not many good options there.
- You move Thomas and you are going to have to take a similar contract back, so very little cap relief and a rather large whole in net to fill.
- You put Ryder on waivers and you free up $2.3M , but are stuck with $1.6M of dead money for two years I believe. That’s sort of robbing Peter to pay Paul.
- With Savard, it’s not ideal to move him but you can at least assume value in the return. His contract is affordable enough that you don’t have to assume equal costs in return, and his offensive production is still high enough that you can negotiate between a few options…in theory at least.

Anyone else have another, better idea on how they can get under the cap?

by JonnyNYC on Jul 16, 2010 9:52 AM EDT reply actions  

I could see us shipping Ryder to the Isles + a near nhl ready prospect (zach hamill?) for a prospect 1-2 more years away. The isles need to get to the salary cap floor and Ryder would fit the bill.

by BruinsSelectSeguin on Jul 16, 2010 11:01 AM EDT up reply actions  

I agree that Ryder and a prospect would be the best deal. Maybe get a prospect back and get lucky later!

by SkateHitShoot on Jul 16, 2010 11:37 AM EDT up reply actions  

This is certainly not a bad idea

I don’t know enough about the Islanders though – in general I would never count on them to do much of anything smart or that would help the B’s

by JonnyNYC on Jul 16, 2010 1:30 PM EDT up reply actions  

I would think that Ryder and a third round pick, or maybe (gulp) a second, for some token return would do it. The Isles aren’t the only team in that situation. I believe the Avs and Thrashers are below the floor, too. So, the opportunity should be there. I, for one, would rather give up a pick than a prospect, especially if the prospect in question is Hamill.

by Phunwin on Jul 18, 2010 11:41 AM EDT up reply actions  

You’ve pretty much summed up the options here, apart from the below-mentioned Ryder to NYI/COL/ATL with a draft pick or prospect deal. There’s just not much else that they can or would realistically do at this point. I guess they could admit they overpaid Lucic and see if they can get value for him. I think that’s highly unlikely, but he’s going to have a lot more trade value than Ryder.

The other option would be to trade Bergeron. I’ve said this before, but it bears repeating. Trading Bergeron does a number of things that can help the team. One, it clears up the logjam at center. Two, they’d be trading him after a huge (and healthy) year and would get a very good return, unlike Savard, who they would be trading at a discount, or Thomas or Ryder, who they can’t even give away. Three, it solves the cap issue nicely, since Bergy counts for $4.75M. Four, it gives the Bruins more flexibility for next year, since they wouldn’t be signing him to a contract extension.

I don’t think they will do this (they’re talking to him about an extension right now), but if he wants too much money, it’s something they should give thought to.

by Phunwin on Jul 18, 2010 11:54 AM EDT up reply actions  

The reason they’d get such a good return on Bergeron is that he’s going to be good for a lot longer than Old Man Savard.

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by Cornelius Hardenbergh on Jul 18, 2010 6:27 PM EDT up reply actions  

I don’t think they will be trading Bergeron. He is the guy that they are building around. He is still young and they have invested a lot in his development. From what I hear, they had a significant offers for him in the past and they passed.

by Stanley Cup of Chowder on Jul 18, 2010 7:43 PM EDT up reply actions  

I certainly hope Campbell doesn’t think he’s just going to just stroll in here and take future Hall of Famer PJ Axelsson’s number?!?!?! :)

by j3rockstar on Jul 16, 2010 11:39 AM EDT reply actions  

Your love of PJ Axelsson is getting unhealthy.

He was an average role player, who was above average on the penalty kill. Yes, he played a lot of years for the Bruins and filled his role pretty well, but that’s all he was: a role player.

by Stanley Cup of Chowder on Jul 16, 2010 11:35 PM EDT up reply actions  

We’re stuck in a culture of premadona athletes. We deal with the TO, LeBron, A-Rod and Ilya’s of the world. Thus, when a guy like Axie comes along, he sticks to our hearts because he is a guy that gives everything he has to make his team have a better chance at winning. He is one of the few guys that seemed to care as much as we do.

by BlueNGoldBomber on Jul 17, 2010 1:00 AM EDT up reply actions  

Not to mention that the Bruins since the 80s have been largely defined by workhorse players with guts and determination.

by BruinsSelectSeguin on Jul 17, 2010 1:33 PM EDT up reply actions  

I don’t have problem with Campbell wearing PJs number, but he needs to understand that he gets it back WHEN they re-sign him!
SWEDE! SWEDE! SWEDE! SWEDE!

by SkateHitShoot on Jul 17, 2010 12:17 PM EDT up reply actions  

If you really believed that, you wouldn’t be trying to shoot it down every time it’s brought up.

Now, where was I? Oh yes…

SWEDE! SWEDE! SWEDE! SWEDE!

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by Cornelius Hardenbergh on Jul 18, 2010 6:24 PM EDT up reply actions  

Doesn’t he have a long-term deal in Sweden? There’s no way he is coming back to the NHL.

by Stanley Cup of Chowder on Jul 18, 2010 7:46 PM EDT up reply actions  

He’s on the second of a four year deal, according to Wikipedia. There was a clause that would let him come back to the NHL, I believe.

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by Cornelius Hardenbergh on Jul 19, 2010 9:46 AM EDT up reply actions  

+1

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by bestbostonsports on Jul 18, 2010 10:37 AM EDT up reply actions  

I’m with Cornelius on this one. Show some respect for a man who did nothing but his best for this team for over a decade.

by Circler on Jul 16, 2010 11:54 PM EDT reply actions  

and yea yea yea, reply button

by Circler on Jul 16, 2010 11:55 PM EDT up reply actions  

You know...

…all joking aside…..with as many 4th liners as we have been through in the last few years. Keeping Axe would probably have been the best move. I’m making a note in my Pros and Cons list for PC for this one. Not looking too good Petey….not looking too good at all.

by j3rockstar on Jul 19, 2010 1:28 PM EDT up reply actions  

I think Paille gave the B’s more last season than Axelsson did in his final year here. Paille can kill penalties just as well as PJ (‘10 PJ not ’03 PJ) and he can score 10-15 goals a year. Axelsson used to be a great PK guy and a shutdown defensive winger. He isn’t really that guy anymore. Everyone seems to forget the way he played in ‘08-’09. He had the lowest +/- of any full-time Bruin besides Shawn Thornton is ‘08-’09. We really missed his 3 empty net goals this year. There is a reason he is playing in a second rate league in Sweden and it isn’t because he wanted to go home.

by Stanley Cup of Chowder on Jul 19, 2010 5:31 PM EDT up reply actions  

i still think he is worth a contract like satan had last year, 1 year base around 900k with up to a million in incentives

by BlueNGoldBomber on Jul 19, 2010 5:56 PM EDT up reply actions  

lol definitely. because he’ll never hit the incentives unless theyre all attendance based

by Circler on Jul 19, 2010 11:10 PM EDT up reply actions  

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