Salary Cap Deep Dive: Boston Bruins
Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.
PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2017-18 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.
Boston Bruins
Current Cap Hit: $64,848,335 (under the $75MM Upper Limit)
Entry Level Contracts
D Charlie McAvoy (two years remaining, $917K)
D Brandon Carlo (two years remaining, $789K)
F Frank Vatrano (one year remaining, $792.5K)
F Jakob Forsbacka Karlsson (two years remaining, $917K)
F Anders Bjork (three years remaining, $925K)
Boston has one of the deeper prospect pipelines in the NHL with upwards of a dozen players in the system on entry-level deals who could earn a call-up before that deal expires. However, this group of five stands the best chance of having a major impact on the Bruins right away in 2017-18.
Carlo, of course, already has a full year under his belt in which he skated in all 82 regular season games and played in over 20 minutes per night, all under the tutelage of one of the best defensive players of his generation: Zdeno Chara. Carlo has already made his #37 overall draft slot look like a steal, but with two more years at under $800K as he develops into a shutdown NHL defender, he could be one of the best blue line bargains in the league.
McAvoy is certainly ready to give Carlo a run for that title though. One of the Calder Trophy favorites for the upcoming season, McAvoy was thrown into the fire last season, making his NHL debut in the Bruins opening round playoff series. McAvoy performed admirably among a ragtag group of replacement players on Boston’s battered blue line and showed that he is more than ready for NHL action. Burning a season off of McAvoy’s ELC was a tough call for GM Don Sweeney and company, but giving McAvoy a taste last year could pay off this year. The former Boston University star and 2016 first-rounder will have all eyes on him in 2017-18.
Burning a year off of Forsbacka Karlsson’s entry-level deal for just one late-season game may have been ill-advised however. The Bruins love “JFK” and his two-way ability and cerebral play at center, with some in the organization and outside observers comparing him to Boston’s own Patrice Bergeron, widely considered the best two-way forward in the game. Those are big expectations to meet, but the Bruins will give Forsbacka Karlsson every chance to earn a regular role this season as they work to develop him into a well-rounded pro. JFK may not have the immediate impact, and expected pay day, of Carlo or McAvoy, but in two years he will certainly be worth more than $917K.
Vatrano has been a revelation for Boston since he was signed as an undrafted free agent, leaving UMass Amherst early in 2015. Vatrano led the AHL in goal scoring in 2015-16 with a stunning 36 goals in 36 games, while tallying 29 points in 83 NHL games along the way as well. Injury and inconsistency slowed down Vatrano’s rapid ascension last season, making 2017-18, his final ELC season, a major year in his career.
Finally, the Bruins were able to convince Bjork, a superstar at Notre Dame and the team’s 2014 fifth-round pick, to leave school early and sign on in Boston. The maximum three-year, $925K per ELC was nice motivation, but the team likely had to promise some play time as well. While Bjork’s spot on the team this season is not set in stone, with fellow high-end prospects Jake DeBrusk, Zach Senyshyn, Peter Cehlarik, and Danton Heinen clamoring for NHL play time, it seems that he’ll certainly get a chance. If the 2016-17 Hobey Baker candidate can find even remotely similar success in the big leagues compared to his past two NCAA seasons, his three-years of production at under $1MM will look mighty nice on the Bruins’ payroll.
One Year Remaining
D Zdeno Chara ($4MM, UFA)
F Ryan Spooner ($2.825MM, RFA)
F Riley Nash ($900K, UFA)
G Anton Khudobin ($1.2MM, UFA)
While it is a relatively painless 2018 free agency class for Boston, the end of Chara’s contract does loom large. The NHL’s tallest man has been the Bruins top defenseman since he signed with the team originally back in 2006 and very well could continue to be next season. It is possible that the Bruins re-sign Chara, whose cap hit drops from nearly $7MM to just $4MM this year, to a more affordable, short-term contract, but the more likely scenario is that the 40-year-old simply retires. He’ll leave the Boston blue line in much better condition than he found it back in ’06, with Torey Krug ready to lead the next wave of McAvoy, Carlo, and prospects like Jakub Zboril, Jeremy Lauzon, Ryan Lindgren, and Uhro Vaakanainen, but his size, strength, experience, and most of all, leadership, will not be easy to replace. The captain’s absence will be felt before the team even takes the ice for 2018-19 and could lead to the Bruins using the cap space Chara leaves behind to explore the free agent market.
Spooner and the Bruins nearly went to salary arbitration this summer, agreeing to terms on a one-year extension the morning of the hearing. Next year could be a very similar situation, whether Spooner performs or not. If Spooner can bounce back from a down 2016-17 season and prove that he is more than just a one-dimensional power play asset, then the Bruins will have to give him a raise on his new $2.825MM deal. If Spooner yet again struggles with the two-way and positional aspects of the game and is overshadowed by the Bruins’ younger talent, Sweeney will have to decide between bringing Spooner back again at a similar price and using up a roster spot or instead trading him away.
Nash and Khudobin, both signed on July 1st, 2016 to affordable two-year deals, also had incredibly similar seasons last year. Both were very disappointing for much of the year before their play picked up toward the end of the season. Going into 2017-18, Nash faces more pressure as he could take on the full responsibility of being the veteran presence on the checking line with Dominic Moore now gone. If Nash rises to the occasion, the Bruins have shown a fondness and loyalty toward their veteran fourth-liners and could reward Nash with an extension and a raise. If not, he’ll be gone. Khudobin also needs to have a big year, with starter Tuukka Rask in need of more rest than he got last season, but if Khudobin flops or if 24-year-old Zane McIntyre continues to light up the AHL, it seems very unlikely that he will re-sign.
Minor Transactions: 8/16/17
Between a long-term extension for Leon Draisaitl in Edmonton, a return to Minnesota for Matt Cullen, and a couple of contracts for first day-eligible college free agents Dominic Toninato and Connor Clifton, it’s been a relatively busy August day for NHL transactions. Yet, here is some more news from across the hockey world:
- The AHL’s Providence Bruins already made a splash today, signing the aforementioned Clifton, a standout right-handed defenseman from nearby Quinnipiac University, but another notable name has also joined the fold in Providence. The Providence Journal’s Mark Divver, who also broke the Clifton news, revealed that NHL veteran Josh Hennessy has agreed to return to Providence on a PTO to begin the season. Hennessy has been playing for the Vaxjo Lakers in Sweden for much of the past three years and bounced around the KHL prior to that, but the 32-year-old was last in North America with the Boston Bruins and their affiliate in 2011-12. A 2003 second-round pick of the San Jose Sharks who has skated in 23 NHL games with the Bruins and Ottawa Senators, Hennessy clearly did not reach the expectations of his draft slot, but does have a history of high-scoring AHL campaigns. The P-Bruins had success with the PTO route last season, winding up with reliable veterans Peter Mueller and Matt Bartkowski, and hope that the local Massachusetts native can play well enough to crack a lineup that is chock full of talented Bruins prospects.
- Divver also made note of another move affecting Providence hockey, but the NCAA’s Providence College Friars rather than the AHL’s Bruins. The OHL’s Guelph Storm announced today that they have signed forward Cam Hillis, the team’s second-round pick in the 2016 OHL Draft. However, to join the Storm, Hillis had to break his commitment to play college hockey at PC. As Divver points out, Hillis is now the third Friars recruit this summer to instead choose the major junior route, joining Merrick Rippon (Mississagua Steelheads) and Sam Rhodes (Barrie Colts).
- Another player spurning the college game, but in Canada instead of the U.S., is former Sault Ste. Marie Greyhounds forward Bobby MacIntyre. The undrafted overager registered 80 points in 63 games in his final OHL season and was one of the top targets of many Canadian universities. However, he will bypass the university path and go straight to the pros after an impressive campaign. Victor Findlay of the Canadian University Sports Network reports that MacIntyre has agreed to terms with the AHL’s Cleveland Monsters, the minor league affiliate of the Columbus Blue Jackets, on his first pro contract. MacIntyre could be an AHL rookie to watch for next season.
- Another AHL deal of note was that of Jake Marchment joining the San Antonio Rampage. The Colorado Avalanche affiliate announced the signing today, as well as an extension for Shawn St. Amant. Marchment comes over from the San Jose Sharks organization, where he was a sixth-round pick in 2014. The big two-way center saw only four games of AHL action last year with the San Jose Barracuda, instead mostly skating in the ECHL. He’ll look for a greater opportunity in San Antonio in 2017-18. Many will remember Marchment as a member of the talented 2014-15 and 2015-16 Erie Otters teams, who made it to the OHL Championship and Conference Finals respectively. Marchment was acquired from the Belleville Bulls in 2015 in part to help the team on their playoff run and also to make up for the impending loss of superstar Connor McDavid.
Snapshots: Penguins, Clifton, Kerfoot
The Pittsburgh Penguins were in the running to the end on Matt Cullen before he decided to sign with the Minnesota Wild in order to allow his family to put down some roots, and though he wasn’t a perfect fit for their vacant third-line center he certainly would have been an option for a bottom-six role. Jonathan Bombulie of the Pittsburgh Tribune-Review spoke to Penguins GM Jim Rutherford about the still vacant role, who once again said that he could trade right now for an “adequate” option but isn’t excited about it.
Instead, Bombulie tweets, Rutherford is waiting for a better option to come available or head into the season with some cap space in order to make a move at a later date. While no names are included, there is still a clear understanding of the biggest weak-spot on the Penguins roster. It will be interesting to see if another more “impactful” option shakes loose as training camp opens in September, or if the Penguins are forced to go into the season with Carter Rowney playing third-line minutes.
- A name we mentioned this morning as a possible early signing, Connor Clifton has signed an AHL contract with the Providence Bruins according to Mark Divver of the Providence Journal. The physical but undersized defenseman played with Quinnipiac the last four seasons and is a nice right-handed fit for the P-Bruins. His aggressive style can sometimes take him over the line into penalty trouble, but he could develop into a depth option for the NHL level.
- According to Scott Powers of The Athletic, the Chicago Blackhawks have not reached out to free agent Alex Kerfoot yet. The Blackhawks have been linked to Hobey Baker award winner Will Butcher, but at this point don’t seem to have any interest in the former New Jersey Devils’ draft pick. Kerfoot met with Vancouver earlier today and has received interest from several other teams.
Dominic Toninato Signs With Colorado Avalanche
As we expected, Dominic Toninato is the first NCAA free agent off the board. The young forward has signed with the Colorado Avalanche. It was clear for a while that Toninato was not going to sign with the Toronto Maple Leafs, and the team had given him permission to talk to other teams even before hitting the open market today. The 23-year old will be signing a two-year entry-level contract.
Drafted in the fifth-round by Toronto five years ago, Toninato has grown into a top two-way forward that could step right into Colorado’s lineup in 2017-18. He was named the NCHC top defensive forward and had 29 points in his senior season, captaining the University of Minnesota-Duluth Bulldogs to the National Championship game.
He joins several Bulldogs in making the jump to professional hockey this summer, including Neal Pionk (Rangers), Brenden Kotyk (Rangers) Alex Iafallo (Kings) and Adam Johnson (Penguins).
Boston Bruins Still Intent On Long-Term Deal With David Pastrnak
After Boston Bruins GM Don Sweeney came out definitively saying the team would not trade David Pastrnak, CEO Charlie Jacobs had a little more detail to share on the ongoing negotiations. According to Ty Anderson of WEEI, Jacobs reiterated on the radio today the fact that they were not going to trade their young forward, and wanted to sign him to a long-term deal of six or more years. Jacobs directly addressed the rumor from earlier this week:
I think by virtue of it being the middle of August, some of the writers may feel compelled and come up with something interesting to sell a paper perhaps. I wanted to ask Brian Lawton who his source was, but I’m not sure he’d give it up.
As we saw earlier today with the eight-year contract signed by Leon Draisaitl, and examined at length this week, long-term deals for key players often happen late into the summer or even early fall. While training camp is set to start in a few weeks, the team still has plenty of time to work out a contract before the start of the season is in jeopardy.
Pastrnak is coming off a 70-point season and will be looking directly at Draisaitl’s contract in negotiations. Though he may not be able to secure the same $68MM deal, an average salary approaching $8MM per season is not out of the question. The Bruins currently have just over $10MM in cap space to fit him in, but can’t hamstring themselves with an overpayment.
Blaine Byron Pursued By At Least Four Teams
While Will Butcher and Alex Kerfoot get all the headlines, another NCAA free agent is getting some attention from around the league. Ryan Kennedy of The Hockey News reports that the “lead suitors” for Blaine Byron are New Jersey, Ottawa, Buffalo and Vegas. Byron became a free agent today after not signing with the Pittsburgh Penguins, despite his 41 points as a senior for the University of Maine.
It’s interesting that there wasn’t a deal to be made between Byron and Pittsburgh, as the team has a distinct lack of center depth in the minor leagues even with the addition of Zach Aston-Reese this spring. Perhaps it was obvious that there wasn’t much of an NHL future so Byron is trying to find somewhere else to ply his trade. Among the suitors are several teams that seem to be linked to every NCAA free agent today, as New Jersey and Buffalo attempt to add immediate talent while Vegas looks to add assets wherever it can.
The Senators are the most interesting as Byron is originally from Manotick, an Ottawa suburb. He played his midget hockey in Ottawa before heading to Junior A in order to preserve his college eligibility, even though he was selected by the Niagara IceDogs in the OHL draft. After four years with Maine, he leaves with 108 points in 141 games and will try to bring his excellent offensive creativity to the professional ranks.
Matt Cullen Signs With Minnesota Wild
Matt Cullen has agreed to a one-year contract with the Minnesota Wild. The deal is worth $1MM in salary, with an additional $700K in potential performance bonuses. Cullen had been reportedly deciding between the Wild and Penguins, but eventually decided to return home to Minnesota and forego his shot at a “three-peat” with Pittsburgh. Cullen himself told Jason Mackey of the Pittsburgh Post-Gazette that leaving the Penguins was “probably the hardest decision I ever had to make.”
“Dad” as many Penguins fans (and media) like to call Cullen was beloved in Pittsburgh, and you could hear the entire team chanting “ONE MORE YEAR!” as they celebrated their latest Stanley Cup victory. 2017-18 will mark his 20th season in the NHL, and he remains a very effective two-way center. Despite playing some of the lowest minutes of his career, he registered more than 30 points for the 13th time, and continued his career-long streak of winning more than 50% of his draws. He’ll likely slot into the fourth-line role in Minnesota, but will provide ample depth behind the star-studded forward group.
[Updated: Minnesota Wild Depth Chart]
In 1,366 career regular season games, Cullen has 689 points but has always been relied upon for more than scoring. His penalty killing ability and leadership on and off the ice will add a new dimension the a Wild team that struggled in the playoffs last season. Cullen has three Stanley Cup victories under his belt, including one from 2005-06 with Carolina, a team that was led by a young superstar named Eric Staal. The two will be reunited in Minnesota where Staal has re-energized his career, and try to bring some playoff success to a team that desperately thirsts for it.
Michael Russo of the Star Tribune was first to break the deal.
Edmonton Oilers Sign Leon Draisaitl To Eight-Year Contract
The Edmonton Oilers have locked up Leon Draisaitl for eight years and $68MM. The contract comes with an average annual salary of $8.5MM, and will keep the star forward under contract through the 2024-25 season. The contract makes Draisaitl one of the highest paid players in the league, coming in tied for the 10th-highest cap hit in the league next season. 
Amazingly, starting in the 2018-19 season Draisaitl and Connor McDavid will tie for the most expensive duo in the NHL, equalling the $21MM paid to Jonathan Toews and Patrick Kane. That is despite both of them only just completing their entry-level contracts, and giving away no more than four years of unrestricted free agency. It’s clear that both are superstar talents in the league, but these contracts will put Edmonton in a very top-heavy salary structure going forward, and will need performance from young or cheap players to fill in the gaps.
Draisaitl put up 77 points in his third season, playing quite a bit on McDavid’s wing and showing off his all-around offensive game. In the playoffs he took it to another level, leading the club with 16 points in just 13 games. Though he played on the wing he also does have the ability to line up at center should the Oilers decide to spread out their offense, and could potentially carry a line all by himself. He’s graded out as below average on faceoffs so far in his career, though young players often struggle in that area.
The Oilers already traded Jordan Eberle earlier this offseason to clear out some salary room, and they could easily be forced into that once again in the next few seasons. With players like Milan Lucic, Andrej Sekera and Kris Russell taking up a good chunk of their cap space as they head into their thirties, the team could find itself with little room to re-sign their other young players. Ryan Strome—the return for Eberle—is a restricted free agent himself next summer, along with several others like Matt Benning and Darnell Nurse. The Oilers have more than $60MM already on the books for 2018-19, with only 13 players under contract.
Interestingly, Draisaitl’s contract should have ramifications over just the next few weeks as the Boston Bruins and Columbus Blue Jackets attempt to get their own young players under contract. David Pastrnak especially is comparable to Draisaitl after seeing a big jump in point production in his third season. Pastrnak doesn’t have the same positional flexibility as he’s solely a winger, but has an identical 0.72 points-per-game rate through the early part of his career and has actually done it in much less icetime. The Bruins have just over $10MM in cap space to sign Pastrnak, but it will be interesting to see if they give him that much more than the other big-name forwards on the club. Brad Marchand will be earning just $6.125MM in the first year of his own eight-year extension, and was a Hart Trophy candidate last season.
Back with Edmonton, the team will have Draisaitl under control through his age-29 season (he’ll turn 22 on October 27th of this year) before having to renegotiate a new deal. While that’s still a long way down the road, signing an eight-year deal now puts him in a prime spot to maximize his potential earning down the road.
Photo courtesy of USA Today Sports Images
Morning Notes: Matthews, Boqvist, Vancouver
While the Edmonton Oilers lock up Connor McDavid and the Buffalo Sabres prepare an extension for Jack Eichel, the Toronto Maple Leafs have their own young phenom to start worrying about. Auston Matthews will be eligible for an extension on July 1st 2018, and James Mirtle of The Athletic was on TSN Radio this morning to discuss the general parameters.
Mirtle disagreed with the idea that players are upset at McDavid for taking less than the maximum, but did admit that it will set a sort of ceiling on any contract coming out of an entry-level deal. He suspects Matthews will earn around $11MM per season on his eventual deal. While the Maple Leafs are currently playing games with long-term injured reserve just to stay under the cap, they’ll have plenty of room by 2019 when Matthews (and Mitch Marner) are due for huge raises. The team has just six active skaters signed for that year, and could easily have some prospects still working through their ELC to help balance the check book.
- Grant McCagg of Recrutes.ca released his latest “Grant’s Slant” piece today, discussing the emerging draft stock of Adam Boqvist and how he could challenge Rasmus Dahlin as the top option out of Sweden next year. Boqvist played extremely well at the Ivan Hlinka tournament and McCagg points at recent examples—Oliver Kylington and Timothy Liljegren in particular—of Swedish defenders falling rapidly in their draft year. It doesn’t look like Dahlin will give up his spot at the top of most draft boards next spring, but it would be silly to sleep on Boqvist who will be a top prospect in his own right.
- Rick Dhaliwal of News 1130 in Vancouver has been all over the Alex Kerfoot situation, and now reports that the NCAA free agent will visit the Canucks today. That will be his first visit, but it won’t be his only one as “several teams” have been in contact with his camp. The former Harvard captain did not sign with the New Jersey Devils before the deadline, and has been linked to his hometown Canucks for some time. The undersized forward has a nice skill set but like many other college free agents could have limited upside in the long-term.
NCAA Notes: Butcher, Toninato, Clifton
Today is finally the day that graduating NCAA draft picks shed their former teams and become unrestricted free agents, and Will Butcher has already been linked to a half dozen teams. One team he won’t be talking to? Tampa Bay, who according to Joe Smith of the Tampa Bay Times are “not among the early suitors” for the reigning Hobey Baker award winner.
Butcher is expected to sign within the next week, and all along has said he’s open to starting the year in the AHL if it meant coming aboard with a franchise with recent success or at least trending towards a championship. Whether that holds true in the face of an opening day NHL role in places like New Jersey and Buffalo is still to be seen.
- Dominic Toninato is another name to keep an eye on, after he went unsigned by the Toronto Maple Leafs because of their contract squeeze. Matt Wellens of the Duluth News Tribune reports that the Maple Leafs did in fact offer Toninato an entry-level contract last spring after his junior season, but found themselves without any room this summer. Toninato could be one of the first names off the board, since he was given permission to speak with other teams early. The 6’2″ forward isn’t the usual undersized offering from the college ranks, and has considerable potential in a bottom-six role.
- Among other names to watch from the college ranks is Connor Clifton, who didn’t sign with the Arizona Coyotes after four years at Quinnipiac. The in-your-face defender took a slight step backwards this year on a worse team, but could still provide some depth on the blueline for a club around the league. He’s still just 22, relatively young for a college free agent, and plays about as physical as you can for a 5’11” 175-lbs player.
