Red Wings Lock Up Niklas Kronwall To A Long 7-Year Deal
DETROIT – The Red Wings have locked up a vital cornerstone to their future, signing defenseman Niklas Kronwall to a new seven-year contract extension Monday. Kronwall would have become an unrestricted free agent in July, but the 6-foot Swede wanted to remain in Detroit. And the Red Wings certainly wanted to keep him. A first-round pick in 2000, Kronwall’s extension that runs through the 2018-19 season is worth $33.25 million. With half of their defensive corps set to become unrestricted after this season, it was imperative for the Wings to get a deal done with Kronwall, sooner than later. “If you look at our defense, (Nicklas) Lidstrom’s unrestricted, (Brad) Stuart’s unrestricted, and we’re going through a little bit of a transition,” Wings general manager Ken Holland said. “We’re trying to rebuild a little bit, so signing Kronwall and keeping him here is a real important step for us in the next 12- to 24-month process of trying to figure out where we will be going forward.” Whether the 41-year-old Lidstrom decides to return next year for a 21st season or not, the Wings feel that Kronwall is the heir apparent to the captain’s throne. While Kronwall certainly isn’t in Lidstrom’s class – and nobody is – the 30-year-old’s physical play makes him a different kind of asset to the Wings. “We want him to play hard, but we don’t want him to play as physical, because he’s not a big guy; he’s an important guy, who plays big,” Holland said. “I think there’s more there offensively. But what I like about him is that he’s a big team guy. He probably could be on the first power-play, but he’s OK with being on the second power-play because it’s Ian White and Nick. But when you put a team together you want to spread your wealth. We have a guy who is a team guy.” Kronwall has proven to be a punishing hitter, but last season he set new personal highs for goals (11), power-play goals (5), game-winning goals (3) and shots on goal (131). “At some point down the road, I’m anticipating that Kronner will have a bigger role on our team, offensively,” Holland said. “But for right now, he’s comfortable with his role with the team. He’s formed a good pair with Brad Stuart, but we want him to continue being good defensively and making good outlet passes. “When you have a player who can play in any role or situation, and they are competitive, they’re hard to find.” |
CONTRACT DETAILS: Length: 7 Years (2012-13)-(2018-19) Cap-Hit: $4,750,000 Pay-Out Details:
**Bonuses: Receives a $1,250,000 signing bonus in 2012-13 Contract Clause Details:
| ||||||||||||||||||||||||
Reaction:
This is a great deal for the Red Wings, and I'm sure Kronwall is pretty satisfied with it as well. The cap-hit is excellent for a player of his stature, and if I was a Red Wings fan I would be ecstatic because this will open up some nice opportunities for them down the road with the extra space this deal will provide. I think some people over look Kronwall, but I am a big fan of his and I think its fair to say he is a top-10 defenseman in this league. He does everything a team could want coming from a top-pairing d-man. I am 100 percent sure that had he hit the open market, he'd get a lot more money than the amount he got from the Red Wings. Despite that, this is a good contract for Kronwall for a few reasons. Firstly, its a very front-loaded deal with 70 percent of his $33,250,000 contract being paid to him in the first four years of his 7 year commitment. Along with that he has a full no-trade clause until the 6th year of the contract where he begins a limited no-trade clause. These perks are huge to any player and when you consider how much Kronwall loves being a Red Wing it makes a lot of sense as to why he would agree to a deal like this when he could have gotten a lot more money as an unrestricted free-agent. Obviously the Wings are happy with this steal too, so the only real losers in this situation are the other pending free-agent defensemen because now after a guy like Kronwall gets so little the threshold has been set very low for others. It'll be interesting to see what the contracts look like for those other defensemen.





















