Just saw the following tweet:
Told the Coyotes are strongly considering buying out Mike Ribeiro. The veteran forward is under contract through 2016-2017. Not official.— Darren Dreger (@DarrenDreger) June 27, 2014
So put Ribeiro (4yr, $22M) with Vincent Lacavalier (5yr, $22.5M) and the well-publicized flop of David Clarkson (7yr, $36.75m) in Toronto and you have a whole lot of buyers' remorse among the very top "gets" from last year's free agency signings.
You would expect that maybe some of those deals would start to look bad in the last year or two. That is a common and known risk when signing big dollar free agents. But these contracts are not even a year old!
Will GM's and owners learn anything from this? If history is any indication, absolutely not - the contracts will probably be just as absurd this year as they were last year.
I'm hoping for a big addition to the Preds forward lineup, whether by trade or free agency. But looking at how quickly so many teams have soured on their prize free agent signings, I have to wonder if "winning" in free agency is really all its cracked up to be.