Kyle Connor’s Impending Payday Set To Challenge Jets’ Financial Philosophy

The Winnipeg Jets have done a terrific job of building a core that has happily accepted less money than they could get on the open market. Whether it’s superstar goalie Connor Hellebuyck, star center Mark Scheifele or star defenseman Josh Morrissey, Winnipeg’s top players have chosen to stay in Winnipeg for considerably less money than other teams would’ve gladly paid them.

The Winnipeg Jets have done a terrific job of building a core that has happily accepted less money than they could get on the open market. Whether it’s superstar goalie Connor Hellebuyck, star center Mark Scheifele or star defenseman Josh Morrissey, Winnipeg’s top players have chosen to stay in Winnipeg for considerably less money than other teams would’ve gladly paid them.

However, there’s a situation on the horizon that could upset the apple cart when it comes to the Jets’ financial food chain. And it all has to do with star left winger Kyle Connor.

For the past six seasons, the 28-year-old Connor has earned $7.14 million. And in return for that money, Connor has thrived on offense. In five of the NHL’s last five full seasons, Connor has never produced fewer than 31 goals. And this past season, Connor posted 41 goals and set new career-highs in assists (56) and points (97). You really couldn’t ask for more from Connor, who was named to the NHL’s First All-Star Team for his efforts.

But here’s the issue: Connor will be a UFA at the end of the coming season, and if he does get to the open market, teams will be lining up to pay him at least $10-million per season, if not much more than that. And if Winnipeg intends on keeping Connor for the long haul, they’re going to have to make Connor the big dog in terms of the salary structure for the Jets.

Right now, no Jets player makes more than the $8.5 million Scheifele and Hellebuyck make. Even a top talent like Morrissey only makes $6.25-million per season, while veteran D-man Neal Pionk earns $7-million per year. And young winger Gabe Vilardi just signed an extension that will pay him an average annual amount of $7.5 million

So, with the salary cap rising to $95.5 million next season, do the Jets really want to play with fire and try to shortchange Connor on his next contract? Even limiting Connor to $8.5-million per year on an eight-year extension would represent a huge discount Connor would be giving to Winnipeg. 

Connor is in his prime, and he has a degree of leverage right now that he may never have again. Why would he accept a hometown discount of sorts when he and his agent are fully aware he could be earning at least $1-$2-million more per year? The answer is clear: he’s not going to accept a hometown discount.

Indeed, spread out over an eight-year deal, Connor would be leaving $16 million or more on the table to stay in Winnipeg by taking an $8.5-million AAV deal. We can understand why Jets GM Kevin Cheveldayoff would try his best to keep Connor’s pay raise to a minimum, but he’d be running the risk of alienating a cornerstone player at a time when he could easily accommodate a $10-million-per-season payday for a star forward who can’t be replaced in free agency or through trades.

On the other hand, Cheveldayoff doesn’t want to insult Scheifele, Hellebuyck and Morrissey by backing up the money truck for Connor when Cheveldayoff didn’t do the same for those veterans. It’s all an extremely delicate balance for Jets management, and it could wind up reshaping the Jets’ roster.

Only six NHL players had more goals than Connor had this past year, and only six players in the league had more points last season than Connor had. He’s been a consistent menace with the puck and a savvy playmaker, and he deserves to have a significant raise. 

Kyle Connor (James Carey Lauder-Imagn Images)

If Cheveldayoff can convince Connor to take, say, $9-$9.5 million on an extension, it will be a clear victory for the Jets, and it won’t cause much, if any, friction with Winnipeg’s other top stars. But there’s no guarantee Connor will accept such a deal.

In any case, Connor’s next payday will likely reset the financial bar for Jets players. At a time when the business of the league is thriving, Connor should reap the benefits of it. And if and when Connor agrees to a new deal, Winnipeg’s salary structure almost certainly is going to be significantly altered as a new financial era begins for the organization.

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Category: General Sports