Photo: Patrick Smith
The Caps announced on Thursday that they re-signed not-at-all controversial right winger Tom Wilson to a 2-year deal that will carry a cap hit of $2 million. This may be hard to believe about a Wilson-related topic, but a lot of people had opinions about this deal.
The cap hit is a bit higher than I expected. Wilson carried a cap hit of $894,000 last season, so my eye-test guess was that he’d come in with a cap hit around $1.5 million.
Is the difference of $500,000 a big deal? Yes and no. Yes, it’s $500,000 less that the Caps have to use in free agency. They were already tight up against the salary cap so this further limits their flexibility. But also no, because a 25% payment above what I expected at $2 million isn’t all that big of a deal compared to a 25% over-payment on a deal worth significantly more.
In the end, the Caps seemed to have slightly overpaid for Wilson, but not so much that we need to serve up hot takes in response. Let’s take a look at why.