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NHL

Milan Lucic's Contract Extension: Fair Price or Overpayment?

A fan favorite in Boston, and one of the most intimidating players in the NHL, Milan Lucic agreed to a three-year contract extension with the Bruins on Tuesday evening, a deal that will reportedly pay him $12.25 million over the next three seasons for a cap hit of just over $4 million per season.

There's no question that Lucic is an important piece for the Bruins, and he's a very unique player: a power forward, a devastating hitter, a willing fighter, and, at the age of 21, a player that still has room to get better.

Still, four million seems a bit steep at this point, doesn't it? Are the Bruins overpaying Lucic for the short-term?

Just for comparisons sake, and keeping it in Boston, the Bruins re-signed restricted free agent David Krejci to a three-year deal this past offseason, paying him $3.75 million over the next three seasons (or less than what they'll be paying Lucic). At this point in their young careers, Krejci has been the more productive player offensively.

By The Numbers: Krejci vs. Lucic
Player
Games Points
Points Per Game
David Krejci
144
100
.069
Milan Lucic
149
69
.046

Lucic, of course, is a different player and brings far more to the table than just goals and assists. He's a dominating physical presence (a guy that sends people through glass) and a young player that's drawn comparisons to former Bruins great -- and Hall of Famer -- Cam Neely. That's certainly high praise.

The folks at Hub Hockey feel those factors make Lucic worth his weight in gold.
Since coming to the B's he has been one of the biggest, if not largest, pieces of the puzzle in bringing the team back into the spotlight in a town that demands nothing but success these days. And that alone is worth its weight in gold. But the kid backs it up too and so far has shown no signs of slowing down. The hype on him has been high since day one and it hasn't seemed to phase him at all. Just the fact that a legend like Cam Neely can see himself in Lucic would crumble any other player of that age. But Lucic has pushed forward making a name for himself while carving his own path towards becoming THE elite power forward in the league. So if you ask me if Lucic is worth it? I would say yes. There will always be goal scorers and playmakers out there but finding a diamond in the rough such as Looch is huge. There are not many players that can change the momentum of a game in as many different ways as Lucic can.
Fair points. I guess the question I have is this: is it overpayment in the salary cap era to give $4 million to a player like Lucic when your team is already banging its cranium against the ceiling of the salary cap?

What do you think, hockey fans? Are the Bruins getting Lucic at a fair price, or are they overpaying? And if so, is it OK to pay a guy like Lucic a little more than his "market value" to make sure he's playing for you, as opposed to playing against you?

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