Did the Hurricanes overpay for Semin?

Did the Hurricanes overpay for Semin?
July 26, 2012, 8:03 pm
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Turns out Alex Semin and his agent were serious about cashing in on the free agent market.

Twenty-five days after being described on national television as a loser and coach killer, Semin and the Carolina Hurricanes have agreed on a one-year contract worth 7 million, the club announced today, officially ending Semins eight-year career in Washington.

We have done a lot of research about Alexander, and discussions about his fit with our team have included people at many different levels of our organization, including players, coaches and staff, Hurricanes general manager Rutherford.

Whats been clear throughout this process was his commitment to wanting to play in the NHL, and compete against the worlds best players.

Alexanders elite skill level and ability to score from the wing fill an important need on the ice, and we hope that a fresh start in Carolina will serve both Alexander and our team well.

Semins 7 million salary is the highest of his NHL career and is 300,000 more than he made with the Capitals last season. His salary for next season ranks second on the Hurricanes, behind only Eric Staal 8.25 million.

The raise is substantial when you consider Semin, 28, is coming off a season in which he recorded 21 goals and 54 points in 77 regular season games and three goals and one assist in 14 playoff games.

Im very happy to be a Carolina Hurricane, Semin said. Its a great fit for me. I look forward to playing with great players, and putting together a winning season.

Earlier this month, on the first day of free agency, Semins character was verbally attacked on TSN when analyst Marc Crawford said he had no character and was a complete loser while analyst Pierre McGuire called him the ultimate coach killer.
Semin was believed to be seeking a two-year deal, but apparently no NHL team was willing to give him one.

Selected by the Caps in the first round 13th overall of the 2002 NHL draft, Semin has totaled 197 goals and 211 assists 408 points and 450 penalty minutes in 469 career regular-season games in Washington.

Did the Hurricanes overpay for Semin? And how should his career in Washington be remembered? Join the conversation below.