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Kevin Labanc’s new contract is not just low, it’s a record-breaking low

The last time a million-dollar contract received this much attention in hockey might have been in 1972, when the WHA’s Winnipeg Jets made Bobby Hull the sport’s first million-dollar-a-year man.

47 years later, Kevin Labanc’s one-year, one million dollar agreement with the San Jose Sharks is eliciting similar disbelief, but for the exact opposite reason. Hull’s figure was shockingly high for 1972; Labanc’s was shockingly low for 2019.

How low?

Since the 2004-05 NHL lockout, there have been, according to Cap Friendly, 116 forwards who have scored 40-plus points in the last year of their entry-level contract.