The Columbus Blue Jackets have signed goaltender Joonas Korpisalo to a two-year extension that will pay him $700K this season and $1.1MM in 2018-19. That makes the average annual value and cap-hit just $900K. The deal is one-way. The 23-year old was set to become a restricted free agent this summer. 
Korpisalo made 13 starts for the Blue Jackets this year as he bounced back and forth along with Anton Forsberg between leagues. The young netminder went 7-5-1 with a .905 save percentage in the NHL, recording one shutout and showing that he may be ready for an increased role next season. A year prior he’d performed extremely when thrust into the starter’s net, posting a .920 save percentage in 30 starts. Because he is a solid young goaltending prospect, their has been speculation that the Vegas Golden Knights would select him in the expansion draft, and this deal doesn’t necessarily prevent that.
Assuming the Blue Jackets use their goaltending protection slot on Sergei Bobrovsky, the team needed to qualify or sign one of their three restricted free agent goaltenders prior to the draft in order to fulfill the exposure requirements. A deal was never in doubt between them and Korpisalo as he did not have arbitration rights or any real leverage, meaning this deal easily covers the requirements. The team also has several other key players who could be exposed, leaving many options for the Golden Knights.
To get him locked up under $1MM for the next couple years is a solid deal for the Blue Jackets, as they decide whether he’s destined for a starting role or will settle into the backup spot for the next part of his career. With Bobrovsky’s contract expiring in two seasons, the team will be able to make a long-term commitment to one of their young goaltenders at that point if they’re showing the promise that they’ve flashed at times. Bobrovsky, earning over $7.4MM each season doesn’t allow the Blue Jackets much cap-space to spend on a backup goaltender.
Aaron Portzline of the Columbus Dispatch provided the financial details.
Photo courtesy of USA Today Sports Images.
These backup goalie contracts before the expansion draft are confusing. Does this mean they’d rather have Korpisalo exposed over Forsberg or do they actually want Korpisalo serving as Bob’s backup over Forsberg?
Both Korpisalo and Forsberg (and Dansk) will be exposed if they choose to protect Bobrovsky, the contract doesn’t change that.
Each team must expose one goaltender who is either under contract for 2017-18, or is a restricted free agent and has been issued a qualifying offer. This contract solves that problem, though Forsberg and Dansk will likely get qualified anyway.
Bargain! I will be shocked if he isn’t drafted by Las Vegas.