New York Rangers: How much is Chris Kreider worth?

COLUMBUS, OH - JANUARY 13: New York Rangers left wing Chris Kreider (20) is frustrated after losing a game between the Columbus Blue Jackets and the New York Rangers on January 13, 2019 at Nationwide Arena in Columbus, OH. (Photo by Adam Lacy/Icon Sportswire via Getty Images)
COLUMBUS, OH - JANUARY 13: New York Rangers left wing Chris Kreider (20) is frustrated after losing a game between the Columbus Blue Jackets and the New York Rangers on January 13, 2019 at Nationwide Arena in Columbus, OH. (Photo by Adam Lacy/Icon Sportswire via Getty Images)
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WINNIPEG, MB – FEBRUARY 12: Chris Kreider #20 of the New York Rangers looks on during a third period face-off against the Winnipeg Jets at the Bell MTS Place on February 12, 2019 in Winnipeg, Manitoba, Canada. The Jets defeated the Rangers 4-3. (Photo by Jonathan Kozub/NHLI via Getty Images)
WINNIPEG, MB – FEBRUARY 12: Chris Kreider #20 of the New York Rangers looks on during a third period face-off against the Winnipeg Jets at the Bell MTS Place on February 12, 2019 in Winnipeg, Manitoba, Canada. The Jets defeated the Rangers 4-3. (Photo by Jonathan Kozub/NHLI via Getty Images)

The New York Rangers face a tough decision when it comes to Chris Kreider.  Extend him or trade him? His play this season hasn’t made the decision any easier.

The situation with Chris Kreider is very similar to the situation the New York Rangers faced with Kevin Hayes last summer.  Kreider is entering the last year of a four year deal he signed in 2016 at an annual cap hit of $4.625 million per year. The Rangers have to decide if they want to extend his contract or let him enter his walk year with the likelihood of a trade deadline deal.

The difference with Hayes was that he was a Restricted Free Agent so the Rangers were in negotiations last summer on a long-term contract or a one year extension (they chose the latter). Inevitably, it led to Hayes’ trade to Winnipeg at the deadline.

The big issue with Hayes was money.  He was ready and willing to stay in New York, but not at a salary the Rangers were willing to pay for the term he wanted.   It’s exactly the same situation with Kreider.

There’s no doubt that Kreider would be happy to sign a longterm contract to remain a Ranger, but exactly how much is he worth?  At a certain point, his value will not match the dollars he will ask for and that is where the rubber hits the road.  Kreider has oozed potential for years, it’s time for the Rangers to decide if he will live up to the promise or if he will remain a decent top six forward, but not a star.

Kreider has done absolutely nothing to enhance his reputation this season.  For a while, it looked like he was finally going to become the top foward Ranger fans had been waiting for.  In the first 39 games of the season he had 20 goals and 11 assists for 31 points and he was headed for his first 40 goal season.  Since New Year’s Day he has six goals and 12 assists for 18 points in 35 games.  He will end up with the same kind of season he has had for the last six years. Even worse, in the 14 games he has played since Hayes and Zuccarello were taken out of the lineup, he has two goals and three assists.

The question is how much will Kreider ask for when seeking a long-term extension with the Rangers.   Kevin Hayes was reportedly seeking a five year deal at $5.5 million per year, a number the Rangers weren’t willing to meet.  Does Chris Kreider think he is worth more?

Some comparisons

It’s worth taking a look at some players similar to Kreider to see how much they have been paid.  I picked seven players with similar statistics over the last three years.  They all close in age and are under contract next season.  The statistics listed are averages over three years: games played, goals per game, points per game.  The contract number is the annual salary and how long the contract extends past next season.

Name                           G      GPG   PGP   2019-20
S.Couturier,26         76    0.34   0.82  $4.3m (+2)
J.Marchessault,28  78    0.35   0.79   $5m (+3)
J. Van Riemsdyk,29  76    0.41  0.72   $7m (+3)
M.Pacioretty, 30     70     0.36  0.70    $7m (+4)
E.Kane, 27                 74    0.38   0.69   $7m (+4)
K. Palmieri,  28        73    0.35  0.68  $4.6m (+2)
C.Kreider,  27            70    0.34   0.67   $4.6m
B.Saad,  26                81    0.27  0.55   $6m (+2)

The results are interesting.  Kreider is fairly durable, comparable to the other players.  While his goals per game is lower than most on the list, it’s close.  Same for points per game.

Of the eight players, half have long-term deals extending three or four years past next season.  Three of the four deals are worth $7 million annually.  The Jon Marchessault deal is a bargain at $5 million per season, but it is in Las Vegas,  where there is no state income tax.

I would argue that Max Pacioretty, Evander Kane and James Van Riemsdyk are overpaid, but the latter two were unrestricted free agents and salary expectations would be higher.  Only Pacioretty was in a Kreider-like situation as he was going into his walk year this season at $4.5 million per year and the Golden Knights wanted to lock him up long-term.

Sean Couturier, Kyle Palmieri and Brandon Saad  all signed their deals a few years ago and were locked up with team-friendly contracts (maybe not Saad).

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