2011-12 Most Overpaid Goalies

Before we start it is important to point out that the Puckonomics methodology sees the True Value of goalies consistently being significantly lower than the actual salaries of the top goalies in the league. Essentially this means there is significant inefficiency in the goalie salary market which results in high-end goalies being disproportionally over-compensated for the value they contribute.

Now that being said there are a couple of caveats to the list below.

		Team	GP	Wins	OTL	True Value ($M)	Cap Hit ($M)	Amt Overpaid   ($M)
1.	Niklas Backstrom	MIN	46	19	7	2.53	6.00	3.47
2.	Henrik Lundqvist	NYR	62	39	5	4.15	6.88	2.72
3.	Ryan Miller	BUF	61	31	7	3.66	6.25	2.59

First off, Rick Dipietro would be at the top of this list if he played in more than eight games, but since he was injured for most of the season he did not qualify for this list. We will do a separate analysis of his true value compared to his cap hit shortly.

Niklas Backstrom is at the top of the list for a similar reason, if he hadn’t gotten hurt and played in 60 or more games he likely would not have been on this list.

Lundqvist and Miller made the list due mostly to the over-compensation of high-end goalies detailed above and just partially due to number of games played.