Found June 05, 2013 on Fox Sports Detroit:
Stanley_cup_finals_612c
Next season, Detroit Red Wings forward Johan Franzen will be in season No. 5 of an 11-year, 43.5 million deal. He will be paid 5 million a season through 2015-16. His 2016-17 salary will be 3.5 million. He will then make 2 million the following season and 1 million in each of the final two seasons of the deal, which ends in 2020. The Red Wings have already handed over 21 million to Franzen on his current contract; however, regardless of his annual salary, the cap hit for each season is 3,954,545. A cap hit of under 4 million is extremely palatable for a big (6-foot-3, 223 pounds), goal-scoring winger, but his annual salary of 5 million through 2015-16 isn't. That's why Franzen, 33, will remain in Detroit for at least the next three seasons. Once his salary begins to drop even though his cap hit remains the same the Wings believe theyll be able to trade Franzen to a team that needs to reach the cap minimum, although his yearly salary will be less than his cap hit. Did you get all that? When the Wings signed Franzen to his latest contract, they were convinced that once his annual salary began to drop, he would be desirable to a team that had limited resources. The Wings would remove Franzens 3.9 million cap hit from their payroll, and his new team would have on the cheap a savvy, goal-scoring forward with name recognition. That was Detroits thought process back in 2009, and Im pretty certain it hasn't changed. As much as Franzen frustrates Detroit and its fans with his goal-scoring binges, he did score seven goals in the Wings' final eight regular-season games, when they were fighting for their playoff lives. Franzen also notched four goals in the Wings' first nine playoff games, then didnt score in their final five, which pretty much sums up Johan Franzen. Make no mistake, the Wings are irritated with the Franzens streaky ways and his prolonged disappearing acts on the ice. But he still scores just enough and his contract is too tough a pill for another team to swallow right now. If the Wings were to buy out Franzen, according to capgeek.com, they would have to pay him 1,071,429 a year through the 2026-27 season. That's highly unlikely because he's still somewhat productive and a tradable asset in the future. Every contract we do isnt going to be perfect, said Jimmy Devellano, Red Wings senior vice president. We have Franzen on a long-term contract. Weve made a commitment to him, so hes somebody we have to live with. But at least once in a while he scores a few goals. That he does do. Despite Detroits unhappiness with Franzens inconsistency, being European is a plus because the Wings have always been grateful that their Swedish players are all low maintenance. Translation: Theyre coachable. They dont disrupt the locker room. And once they leave the rink, they stay out of trouble. Once Franzens annual salary becomes low enough, the Wings will do what their fans have been screaming for -- theyll move him. Until then, embrace the Franzen roller-coaster ride because its going nowhere.
THE BACKYARD
BEST OF MAXIM
RELATED ARTICLES

Damien Brunner unsure if he’ll return to the Red Wings next season

Unlike many other second year NHL players, Red Wings forward Damien Brunner is in an unusual situation as he’ll be an unrestricted free agent this summer. Brunner, 27 was signed prior to the lockout shortened season this past year and proceeded to score 26 points in 44 regular season games and nine points in 14 playoff match ups for the Red Wings. However in an interview with The...

Red Wings mid-day news: On Griffins facing Game 7, Helm, the draft and UFA strategies

After a spirited discussion of Johan Franzen's worth or the lack thereof in the overnight report's comments section, here are a few more tidbits to chew upon as Michigan Hockey and the rest of us start fingernail-chewing (well, maybe you...I just clip mine) in anticipation of Game 7 between the Grand Rapids Griffins and Oklahoma City Barons tonight (7 PM EDT at Van Andel...

Red Wings overnight report: another Ken Holland interview, talkin’ trades, Griffins and the 97 Wings

Now we have something of a timeline as to when Red Wings fans might want to be a fly on the wall at Joe Louis Arena. The Wings' coaches and front office will be very busy over the next couple of weeks, and GM Ken Holland told the CBC's Rob Pizzo and David Amber that the team will hold its pro-and-amateur-scouts-and-coaches' powwow for three days sometime next week, preparing...

Drew Miller’s future with the Detroit Red Wings

Red Wings UFA-to-be Drew Miller should know within the next couple of weeks if he’ll continue to call Motown home when the 2013-14 season rolls around. According to Ansar Khan of Mlive.com the Wings are expected to come to a decision on whether or not they will offer the veteran forward a new contract or let him walk during free agency. Now although it’s assumed that Miller should...

Pavel Datsyuk plays goalie with friends in pickup hockey game

Detroit Red Wings superstar Pavel Datsyuk is known for dangling goaltenders, but not for playing between the pipes.  During a pickup hockey game with some of his friends (probably his teammates), Datsyuk strapped on the pads and gave playing goalie a whirl.  No word on how it went, but unless Datsyuk has played goalie before, I’m guessing he got lit up. [@Datsyuk13]  

Tomas Jurco’s Game-Winning Goal Sends Grand Rapids Griffins to Calder Cup Finals: Video

Tomas Jurco, one of the bright young prospects in the Detroit Red Wings’ organization, propelled the Grand Rapids Griffins into the AHL’s Calder Cup Finals on Wednesday night. With the Griffins and Oklahoma City Barons tied at 4-4 in Game 7 of their conference final series, Jurco split a pair of Barons defenders and snapped home the goal that stood as the game-winner. The Griffins...

Red Wings evening gnus: on Brunner, Gustavsson and Franzen

Very briefly given that I'm assuming most of you are watching the Bruins-Penguins game or still arguing about Franzen: If you want updates regarding tonight's Grand Rapids Griffins-Oklahoma City Barons game, both the Red Wings' Twitter account and the Griffins' Game Day account are providing updates, and if you are an old fogey like me, you can always hit "...

Red Wings overnight report: the exciting stuff is going on behind the scenes…For now

After doing this blogging thing for six-plus years, I can tell you for an observed fact that the two "deadest" periods of the Red Wings news cycle year involve the first week to two weeks after the Wings' season ends and early August. It's particularly understandable this year as the Wings' press corps suddenly found themselves caught up in a 48-games-in-99...

Red Wings mid-day news: Griffins on the bus, end-of-season prospect rankings, tales of playoffs past

How the AHL is not the NHL, chapter 1: the Grand Rapids Griffins defeated the Oklahoma City Barons in dramatic fashion last night and advanced to the AHL's Calder Cup Final (which begins with games on Friday and Saturday in Syracuse, NY; Games 3, 4 and 5 take place in Grand Rapids next Wednesday, Friday and Saturday, respectively, and no, there are no plans for FSD to pick up...

Players We Need to Keep and Let Go

Now that the offseason is here, let’s take a look at whose contract is up and who needs to be bought out. This will be an interesting summer, to say the least. We’ve got a superstar to keep, the cap is going down, a bunch of UFAs, RFAs and some possible buyouts. The UFA market seems poor right now, but a few compliance buyouts would liven things right up. More after the jump...

Red Wings overnight report: on Swedes in GR, Datsyuk, Filppula, cap recapturing and rule changes

I've seen this happen, and it isn't pretty, but it's done without much fanfare: Certainly not what anyone around Hockeytown wants to see. twitter.com/Bill_Roose/sta… — The Wheel Deal (@Bill_Roose) June 4, 2013 Al & Dave make a mess. Ice removal day at The Joe. #sadday #redwings (Dan Mannes/DRW) @ Joe Louis Arena instagram.com/p/aJIPTQx4-B...

Griffs Aim for Calder Finals

The kids are all right. This was the first time since I can remember...there was not ONE mention of the Red Wings' age being a hindrance to their play-off performance.  I take that back...they were actually talking about the YOUTH of the organ-i-zation...when was the last time THAT happened? There's a lot of reasons to optimistic about this team's future.  The...

Red Wi..I mean Griffins evening news: DeKeyser cleared to play; AHL will stream games for free

The Grand Rapids Griffins enjoyed a 10-hour bus ride to Syracuse, New York ahead of Games 1 and 2 of the Calder Cup Final against the Syrauce Crunch, which begins with a pair of back-to-back games on Friday and Saturday, and MLive's Ansar Khan reports that the Griffins will have a significant addition at their disposal as Red Wings prospect Danny DeKeyser has been cleared to...
Red Wings News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.