Taylor Pyatt re-signs with Phoenix; contract indicates Coyotes don't think he's worth much
by Hawerchuk on Jun 22, 2010 1:35 AM EDT
2 comments
According to ESPN, Taylor Pyatt signed a 2-year, $2M contract. Phoenix and Pyatt are agreeing that his value will be less than one win over two seasons - and yet this still strikes me as an overpay. Pyatt made $600k last season, which is more in line with his value, especially now that bottom-end roster-fillers have rarely been getting multi-year contracts at the $1M level.
Given that they had great OT luck and didn't bother to develop most of their young players this past season, Phoenix will need to have a great off-season to make the playoffs again next year. Pyatt's contract is on the margins, but this isn't a good start.
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Half a win, actually
1.0 million – 0.5 million (cost of replacement player) = 0.5 million per season
0.5 million x 3 = 1.5 GVT to “break even”
1.5 GVT x 2 seasons = 3.0 GVT
3.0 GVT / 6 G/WIN = 0.5 Wins
So Pyatt will have to be worth 0.5 wins over the next two seasons to be worth the contract. That’s plausible, no?
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