Happy Canada Day!
As we head to the opening of this year's free agent period at 11 a.m. CDT this morning, the Nashville Predators are in the midst of the biggest crisis since Jim Balsillie was dispatched back to north of the border in the Summer of 2007.
This year's free agent market is one of the worst in years with few quality players and 30 teams with extra money to spend on a bloated cap. In the best of situations this would not be a free agency period conducive to the Predators style of operation. Now there is a bigger problem to consider.
What was initially poo-pooed by the team and the league as a non-issue has now turned into a full blown mess with an arbitration hearing with the NHLPA and four key young players are at risk of walking away with no compensation to the Predators.
The fact that his happened at all, regardless of wrong-doing or not, has far-reaching repercussions.
The Predators were not expected to be big players today in the free agent market. With few players and prices way to high, it is simply the "Predator way." Now, in spite of the "business as usual" mantra, even if a bargain showed up at the door they could be hesitant to make a move.
At some point, the Predators could may be forced to spend more than was necessarily to re-sign the four RFA's with the players now holding all the cards with the potential of UFA status in a sellers market. With a limited budget, extra money spent could make a difference in another free agent acquisition or a deadline deal later in the year.
Thirdly, if some or all of the four players are lost, Shea Weber will not be a happy negotiator. From the beginning, Weber has stressed that he doesn't want top dollar if the key components to the team can stay intact. If these four guys leave, part of that argument is lost.
Finally, the biggest loss of all may be the Predators' fan's confidence in the team. Fans have been very forgiving and understanding and have felt that no matter what, the Preds have always had another rabbit in the hat. This time, the Predators may be short a rabbit.
Make the jump for today's news and links...