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Daniel Walcott Signs With Tampa Bay Lightning

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The Tampa Bay Lightning have handed out a one-year, one-way contract extension to Daniel Walcott, who was set to become a Group VI unrestricted free agent at the end of the season. The team did not announce the financial details.

The minor league defenseman has still yet to play a game in the NHL, instead spending the entire 2019-20 season once again with the Syracuse Crunch of the AHL. That’s where Walcott has played since the Lightning acquired him in 2015 from the New York Rangers in exchange for a seventh-round pick, and where he’s likely ticketed once again next season.

In 55 games the 26-year old registered seven goals, 19 points and 86 penalty minutes, all career-highs.

Columbus Blue Jackets Extend Joonas Korpisalo

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Who needs Sergei Bobrovsky anyway? The Columbus Blue Jackets did just fine with their unproven goaltending tandem this season, with Joonas Korpisalo and Elvis Merzlikins both performing at All-Star levels when they were called upon. That success requires payment however and both goaltenders were scheduled for restricted free agency this summer. You can check at least one name off the to-do list, as Korpisalo has signed a two-year extension with the Blue Jackets today. Aaron Portzline of The Athletic reports that the deal will carry an average annual value of $2.8MM and keeps Korpisalo under contract through the 2021-22 season. Blue Jackets GM Jarmo Kekalainen explained just why he decided to offer the contract:

Joonas had the opportunity to play a lot of games for us early in the season before he was injured and responded by playing at an All-Star level. He is a young, talented goaltender with a great work ethic and desire to succeed and we are very excited to see his continued development and improvement moving forward.

Korpisalo, 26, was given 37 starts for the Blue Jackets this season and recorded a .911 save percentage in those games—nearly equalling Bobrovsky’s numbers from a year ago. That performance earned him a selection to the All-Star game, though an injury kept him from attending. Injuries will be the question moving forward and likely will play a role in deciding which of the team’s netminders gets the majority of the games.

Having Korpisalo sign at such a low number will allow the team to keep both, assuming that the negotiation with the arbitration-eligible Merzlikins goes smoothly. Even with a stagnant salary cap the Blue Jackets should have more than enough room to operate with this tandem in place, and the fact that Merzlikins is not eligible for the Seattle expansion draft means the team could have their goaltending positions solved for some time.

It is important to remember however that even though Korpisalo may be new to the net, he will be an unrestricted free agent at the end of this contract. The number may be low but the team bought out only one UFA year.

Mackenzie MacEachern Signs Two-Year Extension

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The St. Louis Blues aren’t on holiday. After extending both Sammy Blais and Marco Scandella earlier this week, the team has announced a new two-year contract for Mackenzie MacEachern. It’s a one-way contract for the depth forward, that will carry an average annual value of $900K and take him through the 2021-22 season.

Interestingly, MacEachern was scheduled to become a restricted free agent at the end of the season after playing in exactly 80 NHL games through the first part of his career. That’s the threshold he needed to meet to be ineligible for Group VI unrestricted free agency, meaning the Blues may have dodged a bullet by having him in the lineup just before the season was suspended.

The 26-year old forward has recorded 10 goals and 15 points in those 80 games, seeing fewer than nine minutes of ice time on average. MacEachern will serve as some inexpensive depth for the Blues as they head into next season trying to squeeze a talented roster into a stagnant salary cap, something that will be made even more difficult if they try to bring back captain Alex Pietrangelo.

MacEachern’s new contract leaves just two more pending restricted free agents on the Blues roster—Jacob De La Rose and Vince Dunn.

Winnipeg Jets, Dustin Byfuglien Terminate Contract

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The Winnipeg Jets and Dustin Byfuglien have finally officially parted ways, with the league announcing that his contract has been terminated. The two sides have “mutually resolved” the grievance filed by Byfuglien that followed his team suspension earlier this year. Effective immediately, Byfuglien is now an unrestricted free agent.

Frank Seravalli of TSN reports that Byfuglien will not receive any of the $14MM he was owed for the 2019-20 and 2020-21 seasons, while Pierre LeBrun of The Athletic notes that he will not be allowed to sign with a team should this season resume. Though it is hard to know exactly what the future holds for Byfuglien, John Shannon tweets that several of his sources are suggesting that the veteran defenseman’s career is over and that he “has no interest in playing.” His entire $7.6MM cap hit will be removed for the Jets.

Notably, Byfuglien decided—without consulting the Jets organization—to get ankle surgery in late October. That injury was the basis of his grievance, as his camp argued that it was hockey related and would have allowed him to be placed on long-term injured reserve. In that case he would have still been able to collect his remaining salary, though that outcome is obviously off the table now.

It’s hard to really encapsulate what kind of impact Byfuglien had on the ice when healthy. As the game continued to move towards smaller skilled players, the Jets defenseman was a throwback to a much more physical brand of hockey. Basically always the biggest and strongest player on the ice, fans will remember countless times “Big Buff” would throw around smaller opponents with ease.

But his physical prowess wasn’t the whole story with Byfuglien. An eighth-round pick by the Chicago Blackhawks in 2003, he played both defense and forward with that organization and won the Stanley Cup in 2010. A talented offensive player, he recorded at least 45 points in seven different seasons and currently has 525 points in 869 career games.

Now 35, you can bet Byfuglien’s name will still come up in the future as a potential addition for a contender looking to shore up their defensive group. Whether he ever plays again is up to him, but it won’t be in Winnipeg.

Photo courtesy of USA Today Sports Images

Potential Compliance Buyout Candidates: Part II

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As the current Coronavirus crisis wears on, it seems more and more likely that the NHL will not return to action soon and when play resumes, it will almost certainly not be the full remaining regular season schedule. That lost revenue is expected to impact the 2020-21 salary cap, perhaps even keeping the current $81.5MM upper limit in place. Given that teams expected an increase, initially projected to be between $84-88.2MM, this stagnation could have a harsh impact on a number of clubs’ cap situations. As such, many expect that compliance buyouts will return in some form or fashion to ease that pain. These buyouts, which do not count against the salary cap, would allow for teams to open up space that they otherwise expected from a cap increase.

After taking a look at the first ten teams, we move on to the middle third of the NHL:

Detroit Red Wings: Justin Abdelkader

– When Abdelkader signed a seven-year extension with an AAV of $4.25MM following his career-best season in 2014-15, it was perceived to be a bargain at the time and few expected that it would turn out poorly. Yet, with three years still to go Abdelkader has failed to impress in each of the first four seasons, recording a total of just 78 points and consistently missing time due to injury. On a young rebuilding team, the 33-year-old forward’s slow, plodding game is not a fit and his salary is not commensurate to his role on the club. New GM Steve Yzerman wouldn’t hesitate to buy out the career Red Wing if given the opportunity.

Edmonton Oilers: James Neal

– Last summer’s swap of Neal for Milan Lucic was labeled as two teams exchanging bad contracts. However, Neal got off to a hot start and ended up with 19 goals and 31 points despite being limited to just 55 games due to injury. That being said, the 32-year-old forward, who was a -20 this season, is still probably the worst contract on the team. The likelihood of Neal playing up to his remaining $17.25MM over three years seems slim and the Oilers could use the cap space to add a younger, better winger. If Neal has earned the trust of the team, Kris Russell could be bought out before his final year at $4MM.

Florida Panthers: Sergei Bobrovsky

– Would the Panthers move on from Bobrovsky just one year after handing him a seven-year, $70MM deal? That could be the biggest question of the off-season if compliance buyouts become reality. The star goalie’s first season in Florida could not have gone worse as he posted a career-worst GAA and didn’t boast a shiny save percentage either. Expected to be the Cats’ savior in net, Bobrovsky was anything but. If they hesitate to cut ties with Bobrovsky and his play does not improve, he would undoubtedly become the worst contract in hockey. Though on the other hand, if Bobrovsky goes elsewhere and succeeds and Florida cannot find a suitable location, some would surely say that they didn’t give him enough of a chance.

Los Angeles Kings: Jonathan Quick

– The rebuilding Kings have been trying to move Quick for a couple of years now and it would be a surprise if they did not take advantage of a compliance buyout opportunity. A holdover contract from the days of yore, Quick’s ten-year, $58MM deal signed in 2012 remained a bargain for the first half of the term until Quick hit a wall last year. While his play rebounded this season, Quick is still not playing up to the all-world level that had become the norm. L.A. is still a ways away from contending and can make more use of extra cap space over the next three years than a goalie who is past his prime.

Minnesota Wild: Zach Parise

– The Wild and new GM Bill Guerin came awfully close to trading Parise at the deadline this season and in recent years players who have been rumored to be leaving Minnesota are always eventually dealt. However, the potential trade included the team taking back bad salaries to facilitate the movement of Parise’s remaining five years and $37.69MM. Although Parise showed a return to form somewhat over the past two years, he has never been able to replicate his numbers from earlier in career and the team has generally been unhappy with the results of their 13-year gamble. If the possibility to dump the 35-year-old Parise without any cap repercussions opened up, it would become a serious conversation. More interesting would be if the Wild also discuss Mats Zuccarello as a buyout candidate after he was a bust in the first of a five-year, $30MM deal.

Montreal Canadiens: Karl Alzner

– While there will be those that find some of the bigger names on Montreal as intriguing buyout candidates, Alzner seems like an obvious choice that will improve the roster without any risk of releasing a good player or upsetting team chemistry. Few players in recent history have had their team turn on them following a major contract as quickly as the Canadiens did with Alzner. After signing the physical defenseman as a top free agent in 2017, the Habs decided just a year later that he was not worthy of an NHL roster spot following a difficult first season. Alzner has played just 13 NHL games over the past two years, buried in the AHL for the remainder. With two years at $4.625MM remaining, Montreal would be happy to be completely rid of Alzner’s contract rather than receiving just minor saving from sending him to the minors instead.

Nashville Predators: Kyle Turris

– For a long time, Nashville GM David Poile was opposed to handing out expensive, long-term contracts. That policy served him well for quite a time, as the Predators ended up with a number of tremendous values on the roster. Since the team has started to move away from that practice, things have not gone so well. Turris is the poster boy for this statement. He signed a six-year, $36MM extension with Nashville not long after being acquired by the club early in the 2017-18 season and has never lived up to the expectations. His 54 total points over the past two years is less than the one-year total the season prior to his joining Nashville. Turris has become an expendable player, not only missing time due to injury but also as a healthy scratch. The team has been eager to move him and they likely wouldn’t hesitate to do so with a compliance buyout.

New Jersey Devils: Cory Schneider

– An overpaid, under-performing starting goalie is one thing; an overpaid, under-performing backup is another. It has been quite a time since Schneider was the top man in net in New Jersey and young Mackenzie Blackwood has now taken the reins. However, Schneider’s horrific numbers over the past two year suggest that he isn’t even capable of being an NHL backup at this point in his career. With two years remaining at $6MM, Schneider’s might be the worst goalie contract in the league and a rather obvious buyout candidate.

New York Islanders: Andrew Ladd

– Ladd, part of the infamous 2016 class of terrible free agent contracts, Ladd has never provided adequate value to the Islanders compared to his $5.5MM AAV. The team finally buried him in the AHL this season after recording just 71 points through his first three years. With the majority of their forwards signed to substantial long-term deals, there is almost no chance that Ladd can ever work his way back into the NHL mix for the Islanders. New York was ready to move him at the trade deadline and would be quick to buyout the final three years of his deal rather than continue to pay major money for him to play in the minors.

New York Rangers: Henrik Lundqvist

– While it would be a sad day for the Blueshirts and their fans, the reality is that Lundqvist is the best use of a compliance buyout on the team. New York was considering moving young Alexandar Georgiev at the deadline rather than continue to carry three goaltenders, as Igor Shesterkin looks like the starter of the future and King Henrik has become an immovable contract. However, the team would be far better off retaining both young goalies and moving on from Lundqvist, who at 38 years old had the worst season of his career and still has a season remaining at $8.5MM. That’s a hefty salary to pay the man who would be your third-string goalie next season if Georgiev is not moved. The Rangers have no shortage of options though if they cannot overcome the loyalty they feel toward Lundqvist. Defensemen Marc Staal, $5.7MM AAV, and Brendan Smith, $4.35MM AAV, have both outworn their welcomes in New York and would not be missed in the final years of their respective contracts.

Stay tuned for Part III coming soon.

Marco Scandella Agrees To Four-Year Extension

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The St. Louis Blues are taking care of business. After extending Sammy Blais yesterday, the team has announced another new contract, this time for Marco Scandella. The veteran defenseman has signed a four-year extension that will carry an average annual value of $3.275MM. Scandella was scheduled to become an unrestricted free agent at the end of the season after being acquired from the Montreal Canadiens earlier this year.

Because of the extension, the Canadiens will receive an additional draft pick—the Blues’ 2021 fourth-round selection—from the trade to go with the original 2020 second-round pick St. Louis gave up. That deal came just a few weeks after sending a 2020 fourth-round pick to the Buffalo Sabres for Scandella, making this flip quite the impressive transaction for Montreal GM Marc Bergevin.

Scandella, 30, is coming off a five-year, $20MM deal he signed with the Minnesota Wild in 2014. At that point he was considered a rock-solid defensive partner that could play in a lot of situations, but his stock fell considerably over the last few years in Buffalo. In St. Louis, that kind of stay-at-home presence is exactly what will be asked of him after he spent most of his short stint alongside young star Colton Parayko. At a $3.275MM cap hit he essentially replaces Jay Bouwmeester, who is still contemplating his playing future after his cardiac episode but is scheduled for unrestricted free agency.

Any extension for a defenseman in St. Louis will come with other questions though, as free agency also looms for captain Alex Pietrangelo. The team now has five NHL defensemen locked up through next season, for a total of more than $18MM. Pietrangelo would increase that total quite substantially, something that might not be possible given the expected salary cap stagnation coming from the current pause.

Andrei Markov Announces Retirement

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Andrei Markov never will get the chance to reach 1,000 games played in the NHL. The 41-year old defenseman has announced his retirement today, his agent reaching out to various reporters including Richard Labbe of La Presse. Markov hasn’t played in the NHL since 2017 when he left for the KHL, but had been reportedly interested in a return to North America and the Montreal Canadiens as recently as last summer.

It’s hard to climb up the mountain of elite NHL players that have come through Montreal in the history of the Canadiens, but Markov certainly tried. The sixth-round pick from 1998 played his entire career with the organization, racking up 990 games played–second to only Larry Robinson among Montreal defensemen. His 572 career points for Montreal ties him with Guy Lapointe for second (also behind Robinson) and his 119 goals come in third.

Sure, Markov didn’t have anywhere near the postseason success of those two—Lapointe and Robinson each raised the Stanley Cup six times as Canadiens—but he’ll still be remembered as one of the most impactful blueliners the franchise has ever had.

His exploits extended further than the NHL however. Markov suited up at three different Olympics, five World Championships and two World Cups for Russia over his long career. He also won the Russian league title three times, including the KHL’s Gagarin Cup in 2018, the first year back following his return from the NHL.

A savvy, cerebral player that could set up a teammate in the blink of an eye, he received Norris Trophy votes on six different occasions.

Photo courtesy of USA Today Sports Images

Shane Pinto Will Return For Sophomore Season

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Though it may come as no surprise to those who have followed him this season, Shane Pinto has officially informed the Ottawa Senators that he will be returning to the University of North Dakota for his sophomore season, according to Brad Elliott Schlossman of the Grand Forks Herald. Pinto, like several other high profile college players that have decided to return in recent weeks, indicated that abrupt ending to the season was “the biggest thing” affecting his decision.

The 19-year old Pinto was the 32nd overall pick in 2019 and a player that could have easily climbed into the first round. The 6’2″ center had just scored at more than a point-per-game pace in the USHL and has obvious NHL upside. He showed off that upside at the World Juniors where he recorded seven points (trailing only Trevor Zegras for the Team USA lead) and at UND where he scored 16 goals and 28 points as a freshman. He was named the NCHC Rookie of the Year for his efforts.

Bruce Garrioch of Postmedia chimed in on Twitter, indicating that the Senators had expected Pinto to return and further his development at UND. With that in mind, he’ll be a name to watch next spring when the college season is over as a potential early signing.

Zach Hyman Hopes To Stay In Toronto Long-Term

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The Toronto Maple Leafs, perhaps more than many other teams, could be in trouble thanks to a stagnant or even declining salary cap next season. Depending on what happens with the playoffs this year and how the NHL and NHLPA decide to go about things, a team like Toronto that has so much money tied up in their core forwards could be looking to cut costs on the fringes of the roster. Moving forward, re-signing other players may be even more difficult, especially if they are performing well enough to deserve a raise.

Enter Zach Hyman, the hometown boy who is on a contract that ends after the 2020-21 season. Hyman signed a four-year, $9MM deal in the summer of 2017 after his first full season in the NHL. He had scored just 10 goals and 28 points that year but quickly become a fan and Mike Babcock favorite thanks to his tireless work ethic and impressive forechecking ability. That four-year deal has paid off in spades for the Maple Leafs, as Hyman jumped up to 40 points in his second full season, 21 goals in his third and had already scored 21 in just 51 games this year.

That pace was good enough for 33 goals over a full 82-game season, quite the performance for a player earning just $2.25MM against the cap. It’s also a player that the Maple Leafs would obviously be interested in bringing back, especially since he will be only 29 when his current deal expires.

If the team does want to extend the bang-and-crash winger, he’s open to it. On a conference call with reporters today including Mike Zeisberger of NHL.com, Hyman explained that he would “love to stay in Toronto” and would “love to be a long-time Leaf.”

That should come as no surprise, given Hyman’s roots in the city, but it also will instantly perk up fan’s ears in hopes of a “hometown discount.” A 30-goal winger (if he ever gets there) with Hyman’s kind of penalty-killing prowess would go for a lot more than $2.25MM per season on the open market, a number that the Maple Leafs may not be able to afford if they have any plans on investing more into their defensive group, or re-signing Frederik Andersen beyond the 2020-21 campaign.

Even if that contract negotiation is a little down the road, Hyman had other good news for Maple Leafs’ fans. The suspended season has given him even more time to rest a knee that needed ACL surgery last summer.

Photo courtesy of USA Today Sports Images

St. Louis Blues Extend Sammy Blais

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The St. Louis Blues have seemingly made the most of some down time during the league pause. The team has announced a new two-year contract with forward Sammy Blais. Blais has earned a raise from his current $850K deal to a $1.5MM AAV on his extension.

Blais, 23, has recorded six goals and 13 points in 40 games so far this season. Blais’ struggles with injuries have persisted this season, as he has missed 28 games due to surgery on his right wrist. Yet, when healthy he has been nearly three times as productive than he was last season. A big winger who isn’t afraid to play physically but also has some finesse to his game, Blais very well could continue to grow into much more dangerous scorer for the Blues over the course of his new contract, especially if he can stay healthy.

With Blais signed, the defending champs have gotten one of two priority RFA’s under contract. Blais would have had arbitration rights this summer, but instead will hold off on that process for at least another couple of years. Now, the Blues will turn their attention to defenseman Vince Dunn. Dunn, who lacks arbitration rights, nevertheless will need a new deal when his entry-level contract expires this off-season. Mackenzie MacEachern, Jacob de La Rose, and Derrick Pouliot are other RFA’s of note for the Blues this summer.

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