Monday, September 26, 2011

More from Tim Leiweke on stalemate with Drew Doughty

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Emptying out the digital notebook . . .

I have a few more tidbits from my interview today with Tim Leiweke, the Kings’ biggest fan and the chief executive officer of parent company AEG. I had requested the interview a few days ago and these were Leiweke’s first public comments on the stalled contract negotiations with defenseman Drew Doughty.

I referred to one of Leiweke’s comments in a tweet earlier today but didn’t get the full explanation into my earlier blog report or into the story that will appear in print. Here’s a complete recap, in more than 140 characters.

I asked Leiweke why the Kings don’t just raise their offer and end this dispute if the difference between their proposed $6.8 million average annual salary and Doughty’s demands is $200,000 or $300,000. He repeated that this is an allocation issue, meaning the Kings are willing to spend up to the salary-cap limit but want to leave room to add players at the trade deadline and budget for the future to retain key players. He also said General Manager Dean Lombardi has “the right to budge here,” and that he would support Lombardi’s decision on that.

“But here’s the funny thing that I don’t get in all of this,” Leiweke said. “I look at it and say, boy, there’s a complete miscommunication here. Drew Doughty can step in here tomorrow and from an endorsement standpoint, being a cornerstone and a nucleus of this franchise long term, he can make more money on endorsements than we’re fighting over for whatever he’s asking for and whatever we’ve offered. And the way you protect that is goodwill, being a guy that’s a team player.

“If he burns the bridges with everybody, then he loses that revenue. So what I’m mystified by is, his value to this marketplace is not just his salary, it’s what he’s going to earn being part of a team that has the potential of competing for the Stanley Cup every year now for long term. Instead of fighting over a little bit here and a little bit there, let us save that money to go after the final pieces. He’ll make more on endorsements than he ever would on what we’re fighting over. It makes no sense at all.”

Leiweke repeatedly said the Kings see Doughty as a long-term franchise player and they will not trade him.  Doughty has not signed an offer sheet with another team, probably because those teams are aware the Kings have deep pockets financially.

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