Blog Entry

Report: Devils not trading Parise at deadline

Posted on: January 31, 2012 10:11 am
Edited on: January 31, 2012 10:21 am
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Parise becomes an unrestricted free agent after this season. (Getty Images)

By Brian Stubits

What was looking like one of the better trade deadlines in years in the NHL is shaping up to be a lot less exciting.

According to Mark Everson the New York Post, the Devils are not going to trade their star forward Zach Parise this season. Instead, if they can't sign him before next season they will trade his rights before free agency begins.

He joins Ryan Suter and Tim Gleason as names that seemingly have come off the market in the last couple of days. Suter let it be known at the All-Star Game that he wasn't going to sign an extension in Nashville before the trade deadline.

The Devils didn't actually have anybody at the All-Star Game but they still had some news coming out. Essentially confirming reports of the team's financial troubles, NHL deputy commissioner Bill Daly said the league has been helping the Devils financially but is not propping the franchise up or running it the way it has been the Coyotes.

Naturally the two seem connected, Parise and the financial outlook that is. Parise is still a young star who is going to command a large salary over many years. The timing just isn't good for the Devils as you have to wonder if they could even afford right now to re-sign Parise as much as they'd like to. And you know they'd like to.

But like the Predators and Suter, if they are going to have a good chance to re-sign their star, they need to win this season. Granted for Parise money might play a little bigger factor -- specifically, do they have it? -- but the Devils are in the thick of things for a playoff berth in the East this season. One thing Parise would like to see before re-signing is that he can win in New Jersey.

It's a risk for GM Lou Lamoriello no doubt. But it isn't an incredibly big risk. If the Devils aren't able to find the finances to keep Parise (or he just doesn't want to stay in New Jersey) then there will be a lot of teams trying to get those exclusive negotiating rights. Typically, those kind of deals don't net big returns and I'm not saying Parise would either, but if push comes to shove, the bounty for those rights should be decent to good based on how desirable Parise would be.

His numbers are down a little bit this season with 15 goals and 25 assists, but it was only two years ago that Parise was coming off a 38-goal season, his fourth straight season with more than 30 goals.

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Comments

Since: Jun 25, 2009
Posted on: January 31, 2012 7:48 pm
 

Report: Devils not trading Parise at deadline

And just a note: I wasn't minimizing it being a big risk still, obviously it is. But there is some potential for a decent return, thus my wording.

I guess what I'm saying is common sense says you trade Parise now while you can get close to market value for him.

Like I said, call me a simpleton if you'd like but to me it's black and white.  Either sign Parise right now to an extension and overpay in a big way if necessary to do so.  OR.... trade him and get every bit that you can for him and the future of the franchise.

In my opinion there is no in between. 



Since: Oct 14, 2006
Posted on: January 31, 2012 7:00 pm
 

Report: Devils not trading Parise at deadline

I have heard the Red Wings were looking into Zach Parise, but it wasn't going to be until free agency because the Wings do not want to give up prospects in a trade.  Shea Weber falls in the same category.  I know the Wings are after him too, but won't give up the farm for him.  I am not really sure what the Wings will do at the deadline.  Only thing I can see is getting a grit player like Travis Moen or Brendan Morrow. 



Since: Sep 28, 2011
Posted on: January 31, 2012 6:28 pm
 

Report: Devils not trading Parise at deadline

you betcha... Detroits likely #1 free agent their lookin at lol



Since: Sep 11, 2006
Posted on: January 31, 2012 4:34 pm
 

Report: Devils not trading Parise at deadline

They don't trade him because he is one of the few reasons people travel to the Rock to see games. 



Since: Jan 4, 2011
Posted on: January 31, 2012 4:22 pm
 

Report: Devils not trading Parise at deadline

See you in Detroit July 1st!!!!



Since: Dec 7, 2008
Posted on: January 31, 2012 12:39 pm
 

Report: Devils not trading Parise at deadline

Short term, it may be smart to hold onto him. With a franchise struggling financially, a playoff series or 2 could be very beneficial.

Long term, it is stupid. They could get so much more for him now than for his rights and there is no way he is staying in Jersey. They won't have the money to match what Parise will get on the open market. Parise also wants to win and that's not a sure thing in Jersey if they are struggling with money. If the owner and GM are looking to make the Devils better in the future, they would trade him now.




Since: Feb 28, 2011
Posted on: January 31, 2012 11:37 am
 

Report: Devils not trading Parise at deadline

I think that they can get more than that for Parise in a rights trade. For example: The Coyotes got a player, a pick and future considerations for Bryzgalov. The Panthers received a player and a pick for Bouwmeester. I think Parise would fetch a better return than either of those players, especially if multiple teams want in on the rights.

I don't disagree that it isn't a bad move, but obviously they still hope they can keep him in New Jersey. If that happens, then this looks like a pretty good decision.

And just a note: I wasn't minimizing it being a big risk still, obviously it is. But there is some potential for a decent return, thus my wording.



Since: Jun 25, 2009
Posted on: January 31, 2012 11:14 am
 

Report: Devils not trading Parise at deadline

This is a very confusing story, I don't understand what the Devils are trying to do and certainly don't agree with the writer who says Lamoriello isn't taking an "incredibly big risk".    First of all I highly doubt the Devils have much of a chance to make very much noise in the playoffs this season, I just don't think they are good enough to beat too many teams 4 out of 7 games in one series, let alone win more then 1 series for a chance at getting to the stanley cup finals.  What I'm saying is holding onto Parise in the hopes they are lucky enough to land a 3rd round draft pick for trading his negotiating rights is in my opinion flat out stupid.... doesn't make sense to me.

Why would the Devils ( assuming they can't sign him before the deadline) not want to trade Parise and get so much more then a mediocre draft choice in return?  Why does the writer think losing Parise in June for a 3rd round pick or at best a 2nd round pick isn't an "incredibly big risk" when the Devils could easily acquire so much more for Parise by trading him before the deadline expires?

Parise is going to get a big contract from somebody after the season, if the Devils aren't prepared to pony up some big dollars to hold onto him and/or if Parise isn't willing to sign an extension prior to the deadline then holding onto him appears to be a pretty bad move. 


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