Blog Entry

Ruutu off the market, re-signs with Hurricanes

Posted on: February 22, 2012 3:47 pm
Edited on: February 22, 2012 3:51 pm
Ruutu's career high was 26 goals in 2008-09 with Carolina. (Getty Images)

By Brian Stubits

Just the same as they did with Tim Gleason a few weeks ago, the Carolina Hurricanes took another player off the trade market by instead signing them to an extension. This time it's forward Tuomo Ruutu.

It wasn't long ago that Ruutu was being described as one of the top names on the trade market this season. It wasn't saying a whole lot for the market as a whole with so few sellers, but Ruutu was going to garner interest as an available top-six forward.

Just five days from the deadline and with him still in Carolina, you can scratch that. There had been increasing talk that the 'Canes were going to re-sign Ruutu instead of trading him and that's exactly what they have done.

The deal is for four seasons and will pay Ruutu $4.75 million per season. That's from GM Jim Rutherford courtesy of Chip Alexander of the News & Observer. The 'Canes are one of the few teams that releases contract information. It will also reportedly include a no-movement clause for the first three seasons.

"He's an important player to our team," Rutherford said. "He's the type of player that, long term, would be hard to replace."

That does underscore a valuable point this trade season. So often teams trade away a star for prospects and a pick and so often it's almost impossible to get the same production in return. Sometimes you need to take the sure bet and keep the player who you know.

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The deal seems a bit high to me, personally. Ruutu is a good forward and supposedly very good as a team presence, but with that kind of money he's going to pick up the scoring a little bit. This season he has 17 goals and 13 assists in 57 games. To make the contract worth it for a team that is often on the short end of the payroll scale, you'd like to see him consistently score in the high 20s or even the 30s.

He was already carrying a cap hit of $3.8 million this season, so a rise was coming anyway. Now he's a Hurricanes through the 2016-17 season, the same length as captain Eric Staal.

More from Eye on Hockey

Ruutu to miss three weeks
Gleason re-signs for four seasons

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Since: Aug 17, 2006
Posted on: February 23, 2012 11:37 am

Ruutu off the market, re-signs with Hurricanes

$4.75 mill per year for 4 years ... Decent player, but can you say OVER PAID
Canes have to spend the money somewhere.  With all of the young guys on the team with low-end contracts, they have some work to do to just get to the CAP-floor, even more so if it goes up again.  I think at the current number, even with this signing, they are somewhere around $6 to $7 million below the floor.  As the article says, if they traded Rutuu away, they were going to have a hard time bringing someone in to match what he brings to the team at the price.  The article only mentions scoring, but he also is usually one of our hit leaders and on a team that is relatively soft in that regard, it is hard to give that up.

Since: Feb 16, 2007
Posted on: February 22, 2012 5:55 pm

Ruutu off the market, re-signs with Hurricanes

This was a good move by the Hurricanes. Tuomo Ruutu is very good, and they should keep him around to help mold Jeff Skinner. I hope they consider putting them on the same line, like earlier in the year. Hang in there Canes fans, this season is a wash, but the younger guys are playing very well: Jeff Skinner, Jiri Tlusty, Justin Faulk, Jamie McBain, Brandon Sutter = the future of this team.

Since: Feb 10, 2007
Posted on: February 22, 2012 4:21 pm

Ruutu off the market, re-signs with Hurricanes

$4.75 mill per year for 4 years ... Decent player, but can you say OVER PAID.

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