Veteran defenseman Willie Mitchell seemed to want to return to Minnesota, but the Florida Panthers blew the two-time Los Angeles Kings Stanley Cup champion away with a two-year contract worth $4.25 million per season.
The Wild envisioned Mitchell replacing Clayton Stoner, but because of Mitchell's age (37) and recent injury history (concussions and knee), the Wild didn't offer close to what Florida did. Stoner left earlier Tuesday for Anaheim, where he struck it rich with a four-year, $13 million deal.
More than $500 million in long-term contracts were handed out leaguewide.
"I didn't expect this. Maybe I'm naive. We were consistently underbidding on a few other players, I'll tell you that," General Manager Chuck Fletcher said, chuckling. "The prices caught me a little off guard for maybe what you would consider role players or bottom-of-the-lineup type players. But I definitely think some mistakes have been made today on some players, so I think we'll be a little bit patient and let things sort out."
The Wild lacks physicality from the back end, so one would expect Fletcher eventually will sign or trade for somebody. There's not a lot of appetizing names on the free-agent market, so Fletcher said he would look for value. Some physical defensemen still on the market include Anton Volchenkov, Doug Murray, Shane O'Brien and Cory Sarich.
"Right now, it's been insanity out there," Fletcher said. "I think this is the biggest spending day, if not the history of the world, the history of the NHL. I mean, it's just been crazy. So my first thought is to just go home and come back [Wednesday] and maybe the tide will turn and management will get the upper hand and we'll get some better deals.
"The prices are high. The terms are long. Thomas [Vanek] may be one of the only players who took a pay cut and a term cut to come anywhere. Everybody else is doubling or tripling their salary, so it's good for the players, but it's maybe not the market we want to be in right now."
Stoner, a Wild third-round draft pick in 2004, had 31 points and 296 penalty minutes in 227 games. The 29-year-old had talks with the Wild but said they went nowhere.