Thursday, June 30, 2011

Callahan's Agent Thinks He May Get Offer Sheet

I said it earlier this week, Sather's number one priority should be re-signing the Rangers' restricted free agents before doing anything on July 1st. Unfortunately, Sather made it known after the NHL Draft on Saturday that he doesn't expect any of the team's RFAs to be signed by July 1st.

Ryan Callahan's agent is Steve Bartlett, who has a history of having client's signed to offer sheets. Back in the summer of 2007 Thomas Vanek was a 23 year old restricted free agent who received an offer sheet from the Edmonton Oilers - the contract was an incredible 7 year deal worth $50M. The Buffalo Sabres quickly matched.

Now four years later, Ryan Callahan is a restricted free agent and in the running to be the next New York Rangers captain after yesterday's buyout of Chris Drury. Could a team swoop in and sign Callahan to an offer sheet similar to the way the Oilers signed Vanek back in 2007?

According to The Sporting News:
The Rangers and Callahan have had ongoing contract negotiations that Bartlett described as friendly and “somewhat productive.” But there’s a gap. “We’re still a ways apart. I don’t think anything is going to happen over the next few days. We’ll see what July 1 brings in terms of what the marketplace holds for him,” Bartlett said. Callahan, 26, would be an ideal candidate for an offer sheet considering his wide range of skills to go with his leadership abilities. He’s a future Rangers captain if somebody doesn’t grab him first. “I think a guy like Callahan would be a real attractive target with his age,” Bartlett said.
It's obviously a risk, especially because Callahan is such a versatile player who is known to lead by his play, to be a fierce competitor and to leave it all out on the ice. But, at the same time you have to realize that Bartlett is doing what he thinks his best to bump up his client's value. So of course there is the potential for an offer sheet, but at this point I think that Bartlett is just talking out loud to try and get in some GM's head. I believe that Callahan wants to remain a Ranger but that's not to say that if another team came along and offersheeted him he wouldn't sign it and that would force the Rangers to either let him walk (which isn't likely) or seriously overpay for him.

If a team were to offer sheet Callahan and the Rangers walked away, since Callahan is a restricted free agent then the Rangers would be entitled to compensation based on the contract Callahan signed:
$1,034,249 or less: No compensation
$1,034,249 — $1,567,043: Third-round pick
$1,567,043 — $3,134,055: Second-round pick
$3,134,088 — $4,701,131: First and third-round pick
$4,701,131 — $6,268,175: First, second and third-round pick
$6,268,175 — $7,835,219: Two first-round picks, a second and third
$7,835,219 and higher: Four first-round picks
Sather, just do the right thing, sort out the players of the future that the Rangers already own the rights to. Once that's done, then go out and sign whoever you want - whether that be Brad Richards or a seventh defenseman.

= = = = = = = = = = = = = = = = = = =
Agree or Disagree with what was said? Use the comments link below...let your voice be heard!

No comments: