SBD/Issue 80/Sports Media

Blog Hound: Ovechkin's Extension

Bloggers discuss the Capitals signing LW Alex Ovechkin to a 13-year, record $124M contract extension and its implications for the franchise and the NHL.

darrenbarefoot.com
Posted by: darren
“From the owner’s perspective, I guess they’re gambling that salaries will continue to rise–that $10 million for a superstar will look like a sweet deal in 2013. They may be right, but I think there are too many unknowns.”
Sisu Hockey
Posted by: Jeff J.
If you know you're worth the league max, why settle long term for the league max right now? Why not get the most current league max (or close to it) every year?
Sports Business Digest
Posted by: emmettjones
“While it's good that the NHL has now moved into larger scale contracts, it really has to be a veiled optimism because they obviously have more than a little ground to make up before they’re back with the 'upper echelon' sports.”
Ice Chat
Posted by: Shane Giroux
“Hopefully [Capitals VP & GM George McPhee] can … start drawing some crowds so the other teams aren't paying for the privilege of having Ovechkin score against them!”
In Lou We Trust
Posted by: John Fischer
“Ovechkin's contract extension got attention even on the NFL Network. This is clearly huge.”

BUILDING THE BUZZ: Sports Media Challenge's Buzz Manager analyzed the online buzz about Ovechkin’s contract. Bloggers who felt the deal was ultimately good for hockey or were impressed with Ovechkin’s negotiating tactics were tallied positive, representing 52.95% of posts. Bloggers who felt the contract would hurt hockey in the future were counted negative at 35.29%, while 11.76% were neutral. Click here for more info. Visit www.SportsBusinessDaily.com for more info.

  • The topic ranked 6 of 10 on The Buzz, indicating a medium level of interest.
  • Positive sentiment came from bloggers who saw the deal as an example of the growing strength of the NHL and who applauded the deal being reached amicably without an agent.
  • Negative sentiment stemmed from bloggers who felt the length and size of the contract were extreme given that the NHL was just three years removed from the lockout.

Do you have a blog post that our readers would find interesting? Please forward your submission to bloghound@sportsbusinessdaily.com.

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