The cap league implications of the contract extensions for Krug and Smith.

This week the Bruins shored up a couple of their future by re-signing Torey Krug and Reilly Smith to new contracts. Krug signs a one-year deal for $3.4M and Smith signs a two-year deal with an annual cap hit of $3.425M. Last year, both had signed a one-year, bridge contract for $1.4M each. In this weeks Capped, we will take a look at both players and their new contracts to see if the value matches the price.

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Torey Krug's new deal is only for one year. I am a bit surprised at the term on this deal, and to some extent, the dollar amount. If anything, I think the Bruins got a good deal here. Maybe the plan was to keep the term short so Krug can sign a more lucrative contract next year because $3.4M is below what most other defencemen have been signing for lately. 

Thanks to Frozen Pool, here's a look at his numbers this year and from his rookie year a season ago:

His number this year is very similar to last year. He's on pace for a similar offensive year even though his shooting percentage is down a hair and he appears to be getting less power-play time. That being said, with the Chara injury earlier in the year, his average ice time is up this year.

If we compare him to five other defencemen who are making something close to his $3.4M hit, here's how the numbers play out.

Ryan Murray (who makes $3.494M) could have been added to this list but seeing as he's only played in seven games this year, he was left him out. 

Krug is obviously the only offensive defenceman on this list and his numbers easily reflect that. If your salary cap league is points only, you are one happy camper after this signing. He puts up decent peripherals for an offensive defenceman but that's obviously not his calling calling card. His offense compares to others who have recently signed for more. Guys like Jake Muzzin, Anton Stralman, Nick Leddy to name a few have all signed for more money and longer term. If Krug puts up similar offensive numbers next year, I don't see him giving the Bruins another hometown discount, and I really couldn't blame him. 

In regards to fantasy hockey, using Fantasy Hockey Geek, let's take a look at how these same players shake out for rankings in my fantasy league, the UHL. For those that don't know, the UHL is a 24-team, Salary Cap Dynasty League that is populated by many regulars here on Dobber Hockey. The league uses the following stat categories for scoring for skater; G, A, Plus/Minus, PIM, SOG, GWG, PPP, SHP, Hits, Blocks and FOW. Each team rosters a total 23 skaters and we use the same salary cap number as the NHL.

Obviously, Krug is the best asset in fantasy hockey from this list with Beauchemin being a close second.  Oduya and Scuderi aren't even owned in the UHL, they are free agents. 

So what does this new contract mean for the Boston Bruins?