At noon Eastern Time on July 1, there will be hundreds of NHL players that will see their contracts expire. These players will then be free to sign with any NHL team they desire.
Some of these players will base that decision on money, some will consider the likelihood of winning a Stanley Cup, some will be happy just to get an offer and some will base their decision on a combination of many different factors. All will hope that they are able to cash in and grab a good chunk of change from the team that they ultimately decide to sign with.
The reality is that some of these players will be able to set themselves up and their families for generations to come, while others will take a pay cut or be left out in the cold.
If you were curious as to what the starting price for Parise will be, former NHL player Nick Kypreos threw some interesting numbers in the mix on Sunday morning, namely a $24 million signing bonus, paid in two installments of $12 million each, one of which is due on the spot and the other due on July 1, 2013.
Those numbers may seem insanely high, but it’s very likely that Parise will receive that cash. He’s the top high-level offensive player in this year’s crop, and like Brad Richards did last offseason, Parise will be able to name his own price.
That amount also ensures that if there is a lockout this coming year, Parise will be more than comfortable in the income department; there’ll be no Ramen noodles and baked beans around the Parise household if the paychecks don’t roll in for the 2013 season.
Is the $24 million signing bonus insane? Yes, but rest assured, someone will pay it and will do so with a smile on their face and with dreams of Stanley Cup victory dancing in their head.