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Archives for July 2018

Canadiens To Sign Tomas Plekanec

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12:10pm: The Canadiens officially announced the $2.25MM deal, adding that Plekanec can earn another $1.25MM in performance bonuses.

7:55am: In a move that has been speculated dating back to the trade deadline, the Canadiens are set to sign center Tomas Plekanec to a one-year contract, reports Pierre LeBrun of TSN and The Athletic (Twitter link).  Financial terms of the deal are not yet known but Renaud Lavoie of TVA Sports notes (via Twitter) that there will likely be performance bonuses in there.

Plekanec has spent the overwhelming majority of his 14-year career with the Canadiens, who drafted him in the third round back in 2001.  He was once a prominent two-way player but his offense has tailed off considerably over the last two years.  Last season, he scored a career-low six goals with Montreal and didn’t tally any in 17 regular season contests after he was dealt to Toronto just before the trade deadline.  (He did, however, add a pair of goals in seven playoff games.)

The Canadiens have long needed an upgrade down the middle and while this signing doesn’t provide them with a top-six center, it at least will give them some extra depth at that position for next season.

Travis Boyd Re-Signs With Capitals

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The Washington Capitals are holding on to one of their top minor league contributors, announcing a new two-year deal with Travis Boyd. The contract carries an $800K AAV. Boyd is expected to compete for a starting job with the defending champs next season.

Boyd, along with free agent acquisition Nic Dowd, will be expected to compete for the open fourth-line center position, according to the Washington Post’s Isabelle Khurshudyan. The fourth-line center position, which used to belong to faceoff specialist Jay Beagle, is open now after he signed a four-year, $12MM contract with the Vancouver Canucks. Boyd will be given every opportunity to compete with the veteran Dowd for that spot.

Boyd has spent the last three seasons with the AHL Hershey Bears tallying up 52 goals while adding 163 points. The 24-year-old was a restricted free agent after signing a one-year deal last offseason for $650K.

John Tavares Signs With Toronto Maple Leafs

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After a long, and incredibly difficult negotiation with the New York Islanders, John Tavares has decided to leave the only NHL franchise he’s ever known. The 27-year old superstar has signed a seven-year, $77MM contract with the Toronto Maple Leafs, his childhood and offseason home. Tavares confirmed his decision on Twitter:

I’ve been so fortunate to be an Islander not only because of the love and support of the fan base, but because of how lucky I was to be around so many great people. From ownership through management, staff and of course all my teammates, they helped me mature and grow into who I am today. I will always be thankful for how they molded and guided me to be a better person and hockey player. Memories and friendships that I will forever hold close to my heart.

Thank you everyone for your impact on me, I will always be grateful. My words will never be able to fully show the impact my time on the Island had on me.

These past six days have been nothing I could have ever expected. Making the toughest decision of my life: to stay where I have been my entire career or take a calculated leap of faith into an opportunity that I believe will be special to me and my family. The Island has been home, It’s what I know, it’s part of me–it always will be. I can’t thank you all enough for the dedication you have all shown. I’m sorry if this decision pains you, as you can tell it wasn’t easy, but have trust in the future because it is bright. The Islanders are in great hands. I am thankful that I had the opportunity to be an Islander for as long as I did. The Island, the fans, the organization, my teammates will always be special to me and my family but it’s time to live my childhood dream here in Toronto.

The Maple Leafs were one of six teams, including the Islanders, that were granted an in-person meeting with Tavares last week. The team was rumored to be presenting some “creative” contract options, and now Pierre LeBrun of The Athletic reports on what that may have referred to. The contract is nearly entirely made up of signing bonuses, meaning the deal is lockout-proof, and will give him the maximum amount available the first two seasons. It also includes full a no-movement/no-trade clause. The breakdown is as follows:

  • 2018-19: $650K salary + $15.25MM signing bonus
  • 2019-20: $650K salary + $15.25MM signing bonus
  • 2020-21: $910K salary + $11.09MM signing bonus
  • 2021-22: $910K salary + $8.44MM signing bonus
  • 2022-23: $910K salary + $7.04MM signing bonus
  • 2023-24: $910K salary + $7.04MM signing bonus
  • 2024-25: $910K salary + $7.04MM signing bonus

Tavares was the belle of the ball in this year’s free agency, and is arguably the best player to ever reach the open market in the salary cap era. At 27 he is still well within what is considered a player’s prime, and has been a Hart Trophy finalist twice already. In his most recent season, Tavares recorded 37 goals and 84 points while still being a reliable defensive center and good faceoff option. His biggest flaw coming into the league, skating, has been addressed throughout the years to the point where it no longer is an issue, and will now be put on the ice with some of the best linemates of his career. The early suspicion is that Tavares will play with fellow Greater Toronto Area-born forward and former London Knight Mitch Marner, while Auston Matthews will remain alongside William Nylander. That gives Toronto two of the best pairs in the Atlantic Division, and a real threat to compete for the division title.

It’s that division that is the focus today, as the Boston Bruins miss out on Tavares and the Buffalo Sabres continue to be rumored in trade talks for Ryan O’Reilly. Toronto now has a good claim to the best 1-2-3 punch down the middle in the Atlantic, with Nazem Kadri—coming off consecutive 32-goal seasons—penciled into the third line. It’s going to make the Maple Leafs increasingly difficult to match up against, as they spread their skill across all four lines.

How they’ll be able to retain all that skill is a different question altogether. With Tavares now taking up a huge chunk of the salary cap as one of the highest-paid players in the league, the Maple Leafs will have some tough decisions on their hands going forward. William Nylander is a restricted free agent this summer and needs a new contract that could push above $6MM per season depending on the term, while Matthews and Marner are both a year away from being in a similar situation. The team also has Jake Gardiner entering the last season of his current deal, while the rest of the defense still needs an upgrade.

It’s on defense that many were expecting the Maple Leafs to make their next move, but instead they’ll try to load up at the center ice position. Tavares, Matthews and Kadri could easily be taking up more than $25MM in cap space a year from now, almost a third of the available salary for the whole team. They’re not complaining today, but it certainly isn’t an easy situation going forward.

Still, for young GM Kyle Dubas this is a win. Less than two months into his career as the Maple Leafs boss he went head-to-head with his former mentor in Lou Lamoriello and ended up securing one of the best players in the league. The team will have to decide how to pay everyone going forward and could end up losing a young player due to cap contraints, but that’s a chance that Dubas had to take to bring in a player who very well could be the next Toronto captain. Tavares tweeted out pictures of himself covered in Maple Leafs attire as a youth, while the team sent out a picture of a 14-year old Tavares in Marlies garb at the introductory press conference for the AHL team. The team is currently without a captain, and though there was much speculation that Matthews would eventually wear the “C” nothing is certain now.

What is clear, is that the Maple Leafs have taken a big step forward towards Stanley Cup contention today. Just two years after finishing dead last in the NHL, the team is working on back-to-back playoff appearances and now features some of the very best forwards in the entire league. Though no success is guaranteed in the NHL, Dubas and the team continue to work towards ending a championship drought that has now lasted more than a half-century.

Blue Jackets Sign Defenseman Tommy Cross

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The Columbus Blue Jackets are bringing in a familiar face in former USHL Junior Blue Jackets player Tommy Cross. The 28-year-old defenseman, a long-time Boston Bruins depth player, is also a good friend of Cam Atkinson from the pair’s time at Boston College. TSN’s Frank Servalli reports that it is a two-way deal for Cross, paying him the minimum $650K at the NHL level.

The 28-year-old has shown off his offensive game over the past couple of years with the Bruins’ AHL affiliate, the Providence Bruins. In two seasons, he’s combined for 20 goals and 71 points. However, the blueliner has not had any success cracking the Bruins lineup, even with the team’s rash of injuries in the last couple of years. He hasn’t appeared in a regular season game in two years, although he did make an appearance in a Bruins’ playoff game in the 2016-17 season.

The two-way deal should allow Cross to play a major role for the AHL’s Cleveland Monsters and would have to challenge both Dean Kukan and Markus Nutivaara for playing time at the NHL level.

Canucks Sign Jay Beagle And Antoine Roussel

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The Vancouver Canucks have decided to add some veteran leadership to the bottom-six, signing  Antoine Roussel and Jay Beagle to matching four-year, $12MM contracts. The pair will carry an average annual value of $3MM each, while both will get some level of trade protection.

Roussel, 28, recorded five goals and twelves assists in 73 games last year for the Dallas Stars, though he totaled 25+ points in each of the four seasons prior. Beagle, 32, if fresh off of a Stanley Cup title with the Washington Capitals and remains one of the top face-off men in the league and set a career-high with 30 points a year ago.

Vancouver GM Jim Benning is clearly investing in bottom-six experience and two-way ability, targeting both players and doing whatever took to bring them in. Both players drew ample attention and the Canucks reportedly had to beat out competitors in a tight bidding war for each contract.

Montreal Canadiens Sign Xavier Ouellet, Kenny Agostino, Michael Chaput

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The Montreal Canadiens have committed to making their AHL team better this season, and have signed three players who could easily contribute to that. Xavier Ouellet, Kenny Agostino and Michael Chaput have all agreed to join the Montreal organization on two-way contracts, with the former two signing for one season and the latter signing for two. All three will carry a $700K cap hit in the NHL. The team also signed Jesperi Kotkaniemi to his three-year entry-level contract.

Ouellet was in the news recently as the 24-year-old was bought out by the Detroit Red Wings earlier this week. The blueliner was on the roster all season long for Detroit, but only saw action in 45 games and averaged just 13:51 of ATOI. With a large group of unmovable contracts on defense and some younger options to choose from, Ouellet became expendable and since he was just 24 years of age, a buyout would only pay him one-third of his salary. With Montreal on a two-way deal, he can provide both depth for the Canadiens, but also have a big role with the AHL Laval Rockets if he can’t make the team.

For the third straight year, Agostino has signed a one-year deal with a new team only to look for a new job the following year. The 26-year-old forward has had trouble breaking into an NHL lineup after failed tenures in Calgary, St. Louis and now Boston. Agostino has only appeared in 22 NHL games since the 2013-14 season. However, he has been a solid AHL player over the past few years, which is likely what Montreal wants from him. He has scored 63 goals in the past three years in the AHL.

Chaput was just recently dealt from the Vancouver Canucks to the Chicago Blackhawks for Tanner Kero, but Chaput who was a restricted free agent with arbitration rights, was not given a qualifying offer, making him an unrestricted free agent. With a two-year deal, the Canadiens plan to use the forward for depth purposes, but also to augment their AHL team as Chaput picked up 17 goals and 25 assists for the Utica Comets last year. However, he managed just nine games for Vancouver, although he did play in 68 game for the Canucks in 2016-17.

As for Kotkaniemi, the third-overall pick in the 2018 draft signed his three-year entry-level deal with the Canadiens. The center will earn $832K with a $92K signing bonus, making his deal worth a total of $925K, according to Dan Braverman of NHL.com. The team selected Kotkaniemi over several other more highly regarded prospects including Filip Zadina and Brady Tkachuk, but the team was more interested in adding centremen to their franchise. He tallied 10 goals and 29 points in Finland’s top SM-Liiga league.

Chad Johnson Signs With St. Louis Blues

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The St. Louis Blues already lost Carter Hutton on the open market, and have now found their replacement goaltender. Chad Johnson—formerly of the Buffalo Sabres, where Hutton ended up—has signed a one-year $1.75MM contract with the Blues.

Johnson should serve as a one-year stopgap behind starter Jake Allen to allow goaltending prospect Ville Husso develop in the AHL for one more season. Husso, who posted a 2.42 GAA and a .922 save percentage with the AHL’s San Antonio Rampage remains their best option for a long-term goaltender, but the team felt he needed another season in the AHL before he was ready for NHL duty.

The 32-year-old veteran has been a reliable backup for five seasons, although he truly struggled last year in Buffalo behind their porous defense and complained about the team at the end of the year. Johnson finished the season with a horrid 3.55 GAA and a .891 save percentage, but fared much better the previous two years.

 

Petr Mrazek Signs With Carolina Hurricanes

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The Carolina Hurricanes have their competition for starter Scott Darling. The team has signed young Petr Mrazek to a one-year, $1.5MM deal, per a team release.

Mrazek has proven to be an inconsistent commodity over the years. The 26-year-old netminder took the starting job away from Jimmy Howard in Detroit in the 2015-16 season with a 2.33 GAA and a .921 save percentage in 54 games, suggesting he was the long-term answer in Detroit. Unfortunately, the following year he struggled, posting a 3.02 GAA and a .901 save percentage in 50 appearances. While many suggested that the team defense was to blame, a bad attitude and poor work ethic were the reason why the Red Wings opted to protect the 34-year-old Howard over Mrazek in the expansion draft last year. Instead Vegas passed on Mrazek and the youngster continued to struggle in Detroit, putting up a 2.89 GAA and a .910 save percentage in 22 games before the team opted to pull the plug and trade him to Philadelphia at the trade deadline.

The Flyers, who desperately needed goaltending help, hoped he would succeed in Philadelphia and while he had some stellar moments, he struggled more often than not, putting up a 3.22 GAA and a .891 save percentage in 17 games for them. Philadelphia opted not to offer him a qualifying offer, which allowed him to hit the free agent market.

Carolina hopes that Mrazek can rebound and find his game as the team needs another goaltender to challenge Scott Darling, who also struggled last year in his first year as a starting goaltender. Darling finished with a 3.18 GAA and a .888 save percentage. The Hurricanes hope one of the two can fix their game.

Oliver Ekman-Larsson Officially Signs Eight-Year Extension

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Though it had been confirmed for some time, the Arizona Coyotes couldn’t officially sign Oliver Ekman-Larsson to an extension until today. Now that they can, they quickly announced the eight-year extension for their star defenseman. The team did not release the financial details, but several reports have it totaling $66MM. The salary will be paid as follows:

  • 2019-20: $8MM
  • 2020-21: $8MM
  • 2021-22: $10.5MM
  • 2022-23: $10.5MM
  • 2023-24: $10.5MM
  • 2024-25: $8MM
  • 2025-26: $5.25MM
  • 2026-27: $5.25MM

After spending a full season listening to trade rumors about Ekman-Larsson as the team wasn’t sure it could sign their superstar defenseman, Arizona managed to lock him up. Part of the reason was the team’s second-half success as the team started winning in the second-half. That sign the team is heading in the right direction was a key reason Ekman-Larsson wanted to return. That doesn’t include all the changes that general manager John Chayka has made, ranging from bringing in veterans like Derek Stepan, Alex Galchenyuk, Michael Grabner and Antti Raanta, not to mention the influx of youth to the team like Clayton Keller, Dylan Strome, Christian Dvorak, Jakob Chychrun, Brendan Perlini. and 2018 first-rounder Barrett Hayton.

The team also brought in veteran countryman Niklas Hjalmarsson in a offseason trade last year, who has mentored the young 26-year-old. Now even Hjalmarsson has re-signed with Arizona for another two years, keeping the two together even longer.

Vegas Signs Nick Holden To Two-Year Deal

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The Vegas Golden Knights are adding a reliable body to the blue line, reportedly adding defenseman Nick Holden. While the team has yet to officially announce the deal, TSN’s Pierre LeBrun reports that Holden will sign for two years at $4.4MM, with an AAV of just over $2MM. The Golden Knights outbid the Boston Bruins who trying to keep him in the fold.

Holden provides the Golden Knights depth after the team parted ways from Luca Sbisa and a two-year deal keeps the team nice and short, which is what the Golden Knights were able to do with center Paul Stastny, who signed a three-year pact. Holden provides Vegas with a veteran defensive presence, but his best attribute is his size as he stands 6-foot-4.

Holden spent the last two years with the New York Rangers, but was traded at the deadline for a third-round pick and a lower-tier prospect to the Boston Bruins. However, the 31-year-old blueliner’s game is starting to decline as his numbers dropped from a year ago. After an 11 goal and 34 point season in 2016-17, he finished with four goals and 17 points between the two teams this season.

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