Is the Marner Contract Good or Bad for the Toronto Maple Leafs?

TORONTO, ON - APRIL 17: Mitchell Marner #16 of the Toronto Maple Leafs during opening ceremonies before a game against the Boston Bruins during the first period during Game Four of the Eastern Conference First Round during the 2019 NHL Stanley Cup Playoffs at the Scotiabank Arena on April 17, 2019 in Toronto, Ontario, Canada. (Photo by Kevin Sousa/NHLI via Getty Images)
TORONTO, ON - APRIL 17: Mitchell Marner #16 of the Toronto Maple Leafs during opening ceremonies before a game against the Boston Bruins during the first period during Game Four of the Eastern Conference First Round during the 2019 NHL Stanley Cup Playoffs at the Scotiabank Arena on April 17, 2019 in Toronto, Ontario, Canada. (Photo by Kevin Sousa/NHLI via Getty Images) /
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Toronto Maple Leafs
MONTREAL, QC – SEPTEMBER 26: Toronto Maple Leafs center Mitchell Marner (16) and Auston Matthews (34) celebrate during the third period of the NHL preseason game between the Toronto Maple Leafs and the Montreal Canadiens on September 26, 2018, at the Bell Centre in Montreal, QC (Photo by Vincent Ethier/Icon Sportswire via Getty Images) /

James Tanner

The Mitch Marner contract is an overpayment based on Marner’s current value and what comparable players make.

It is also an overpayment based on the percentage of the cap it takes up compared to other players who signed long term deals when their ELCs expired, and who are similar or better quality players than Marner.

However, the economics of the NHL have changed since Patrick Kane and other signed their second deals.  The Leafs are paying Marner more than he is worth today in exchange for getting what the prime of his NHL career.

The salary cap will rise – TV, gambling, and expansion are on the horizon. If it wasn’t projected to go up significantly, I highly doubt the players and league would have agreed to avoid a work stoppage, like they did last week.

Not only will the cap rise, but salaries will too.  and when that happens, the Toronto Maple Leafs will probably be getting Marner at a team friendly rate.

Even if that isn’t the case, it’s perfectly fine to overpay your elite players.  The Leafs have locked up all their best players to long term deals, and that is a fantastic thing.

The Leafs realize that you only need to pay elite players, and young players with elite upside (Johnson , Kapanen, Kerfoot).  The rest of your roster can be filled out with league minimum vets and rookies.

Since the difference between above average but non-elite players and players like Nick Shore or Jason Spezza is much smaller than the differences in their salaries, the Leafs shouldn’t see any downside at all to spending most of their money on a small core of players.

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Eventually, you’ll see teams copy this model because it’s obvious that it’s going to be very successful.  The Leafs signed Marner and that’s all that matters.  It might be for too much, but not enough to care.