Philipp Grubauer Generating Plenty Of Interest

Washington Capitals GM Brian MacLellan was very clear after the season that he would try to give Philipp Grubauer a chance to be a starting goaltender. That chance won’t be with the Capitals though, as MacLellan admitted he’d explore the trade market to try and find Grubauer an opportunity where he could step into a bigger role. In doing so, several sets of ears perked up around the league and speculation started swirling around who could afford to acquire the 26-year old goaltender.

Grubauer is a restricted free agent this summer, meaning a trade is the best outcome for the Capitals as well. Even with the increase in the salary cap from $75MM to $79.5MM, Washington doesn’t have a ton of room. Unrestricted free agent John Carlson may take half of their projected $15.7MM in cap space should they re-sign him, while Tom Wilson and others are also restricted free agents looking for raises. Grubauer, with all his success as the backup to Braden Holtby, is a luxury the team may not be able to afford.

He does have a successful resume though, which is likely why several teams have been calling with interest. Bob McKenzie of TSN was on the radio this morning reporting that there is plenty of interest in acquiring Grubauer, and listed the New York Islanders, Carolina Hurricanes, Detroit Red Wings, Chicago Blackhawks and Colorado Avalanche as teams that are “in” on the RFA goaltender. McKenzie suggests that teams may be willing to part with a first or second round pick if they believe Grubauer can step into a starting role, or at least a tandem with one of their current options. That goes along with the reports from Craig Custance of The Athletic (subscription required) and Isabelle Khurshudyan of the Washington Post that the Capitals are looking for—or perhaps expecting—a late first or early second-round pick in exchange for their backup goaltender.

None of this means that the team will definitely trade Grubauer at the draft this weekend, but a draft pick today is worth more than one down the line in terms of development. The Capitals are looking to compete for a second consecutive Stanley Cup in 2018-19, but are also committed to building a program that can continue contending long-term. They are one of the few contending teams that did not give up their first-round pick at this year’s trade deadline, and are in good shape to keep adding prospects to a pipeline that has produced several key players over the years. If they can procure a pick in tonight’s first round, it would by default be higher than their first selection and allow them some more currency to try and work with as they strengthen their roster for another run.