New York Rangers Acquire Alexander Wennberg
3:11 pm: The Rangers have made the trade official, announcing that Wennberg will be headed east to New York.
2:18 pm: With a flurry of trade activity today, the New York Rangers have decided to enter into the madness. Emily Kaplan of ESPN is reporting that the Rangers are working on a deal with the Seattle Kraken that would land Alexander Wennberg in the Big Apple.
TSN’s Pierre Lebrun is reporting that the deal is done, indicating that the Kraken will be receiving the Rangers 2024 second-round pick, as well as New York’s fourth-round pick in 2025. Seattle will also be retaining 50% of Wennberg’s remaining salary, bringing his AAV down to $2.25MM with the Rangers.
Ever since the Rangers lost center Filip Chytil back in November due to a concussion, the team has been looking to fill the void for nearly the entire season. The organization has tried both Nick Bonino and Jonny Brodzinski in this role but had their eye on a bona fide forward to add down the middle.
Not as much of an offensive threat as he was during his time with the Columbus Blue Jackets, the addition of Wennberg should help in multiple areas of the Rangers lineup. Initially, he is readily available to center the team’s third line, and will also be able to serve on the team’s penalty kill unit as well.
Coming over to Seattle as an unrestricted free agent in the 2021-22 offseason, Wennberg is in the last year of a three-year, $13.5MM contract. Throughout his tenure in Seattle, Wennberg has played in a total of 142 games for the expansion franchise over the last three years, scoring 22 goals and 63 points in the process.
Although Wennberg doesn’t have the amount of success in the dot teams might be expecting out of their bottom-six centers, his possession metrics show that he brings solid defensive awareness to the table. Wennberg will also be able to help a New York penalty kill unit that is already top five in the league, recording an 83.15% success rate being a man down.
The General Manager of the Kraken, Ron Francis, is using a similar deadline strategy as he used two years ago, as he went on to acquire 10 total draft selections leading up to the deadline in 2022. In this deal, Seattle will now have five total selections in the first three rounds of the 2024 NHL Draft, and 17 total selections over the next two years.
Avalanche, Sabres To Swap Casey Mittelstadt, Bowen Byram
Editor’s Note: This article has been updated to correctly reflect that Byram was the fourth overall pick in the 2019 draft.
The Avalanche are making their second high-impact deal of the day, acquiring center Casey Mittelstadt from the Sabres in exchange for defenseman Bowen Byram, per a team release. With the two trades made today, Colorado has increased their salary cap space to $4.9MM leading up to the deadline.
This trade will mark the third attempt by the Avalanche to fill in the second-center void left by Nazem Kadri two years ago. With Alex Newhook and Ryan Johansen not working out in the role, Colorado is taking a swing on Mittelstadt amidst his breakout campaign in Buffalo.
Largely inconsistent during his first four years with the Sabres, Mittelstadt has become a formidable offensive threat over his last two campaigns. In 144 games for the Sabres since the start of the 2022-23 season, Mittlestadt has recorded 29 goals and 106 points, as well as leading all Buffalo players in scoring this year. 
He will leave much to be desired in the faceoff dot as well as defensive play in his end, but the Avalanche carry enough defensively-minded forwards to shore up Mittelstadt’s shortcomings. Nevertheless, as they already sit atop the league in GF/G, the introduction of Mittelstadt, coupled with the eventual return of Valeri Nichushkin and Gabriel Landeskog, will create a nearly unstoppable offense for Colorado come playoff time.
The elephant in the room, when it comes to Mittelstadt, is his looming restricted free agency this summer. With Mittelstadt playing himself into a hefty raise upon his current $2.5MM salary, it will be difficult for the Avalanche to keep him in the fold for the long-term future of the organization. Heading into the offseason, Colorado will only have around $10MM available in cap space with plenty of depth pieces headed for unrestricted free agency.
In Byram, the Sabres will acquire the former fourth-overall selection in the 2019 NHL Draft, joining Rasmus Dahlin and Owen Power on Buffalo’s blue line of former top-five selections. Still only 22 years old, Byram is in his fourth professional season, already having a Stanley Cup victory under his belt.
Limited by concussion issues in the past, Byram has put together back-to-back respectable seasons in Colorado, with a slight downtick in his production this season. Over the last two years, Byram has managed to suit up in 97 games for the Avalanche, scoring 18 goals and 44 points while averaging 20:44 of ice time per night.
Unfortunately, throughout his tenure in Colorado, Byram had to play second fiddle to the defensive pair of Cale Makar and Devon Toews and may be finding himself in a similar situation in Buffalo. With the top defensive unit of Dahlin and Mattias Samuelsson set in stone, the Sabres have at the very least found a viable alternative to put next to Power on the team’s second defensive pairing.
If Byram’s development process continues on an upward trajectory, there is every indication that Buffalo could deploy one of the league’s most formidable defensive cores. With Dahlin, Samuelsson, and Power all signed to long-term contracts, the Sabres still have another year after this season to lock Byram up to a similar contract.
ESPN’s Kevin Weekes was the first to report the trade.
Pierre LeBrun of TSN and The Athletic was first to report that the trade was one for one.
Avalanche Acquire Sean Walker From Flyers
The Avalanche traded for one of the more highly-coveted right-handed defensemen on the market Wednesday, announcing the acquisition of Sean Walker and a 2026 fifth-round pick from the Flyers in exchange for center Ryan Johansen and a 2025 top-10 protected first-round pick. The Flyers subsequently placed Johansen on waivers. If the first-round pick ends up being a top-10 selection, it would transfer to 2026, per Frank Seravalli of Daily Faceoff.
Walker, 29, began his NHL as an undrafted free agent signing by the Kings in 2018 after spending a season with their AHL affiliate, the Ontario Reign. He made his major league debut that year, impressing with three goals and 10 points and a -8 rating on one of the league’s worst offensive teams. His possession numbers out of the gate were strong, posting a relative CF% of 3.6 at even strength in primarily defensive-zone usage. He quickly became a full-time fixture, playing in the majority of the Kings’ games across the COVID-shortened 2019-20 and 2020-21 campaigns. However, a torn ACL and MCL ended his 2021-22 campaign after just six games.
While he was cleared to play when 2022-23 rolled around, he didn’t look like the same player. Walker tumbled out of top-four consideration in L.A., averaging a career-low 14:50 per game while posting a 51.4 CF% at even strength that was slightly below the team average. He was a healthy scratch at times, too, making his $2.65MM cap hit an unaffordable expenditure for a Kings team looking to load up last summer.
As such, he was traded to the Flyers last summer in the three-team blockbuster that also saw Ivan Provorov head from Philly to the Blue Jackets. It turned out to be a necessary change of scenery for Walker, who’s rediscovered his confidence and has once again blossomed into a capable top-four blue-liner. With six goals and 22 points in 63 games, he’s on pace to break his career-high of 24 points set in 2019-20, and he’s also averaging a career-high 19:36 per game. He’s had impeccable possession impacts, too, logging a +13.9 expected rating and a 53.6 CF% at even strength, playing primarily alongside journeyman shutdown blue-liner Nick Seeler, who’s nearing an extension to remain in Philadelphia. Both were pending UFAs.
Walker will slot in as a more defensively responsible partner for Samuel Girard on the Avs’ second pairing. He replaces 2019 fourth-overall pick Bowen Byram, who Colorado dealt to the Sabres in exchange for center Casey Mittelstadt in a subsequent trade Wednesday. Notably, three of the Avalanche’s top four defenders are listed at under 6 feet, but their core is still remarkably similar to the defense that led them to a Stanley Cup championship just two years ago.
With all their first-round picks in store for the next three years (and after making two first-round picks in 2023), parting with one for Walker is a sensible cost to pay for a team looking to capitalize on the primes of Nathan MacKinnon and Cale Makar for a second championship. Ridding themselves of Johansen, who fell short of expectations with 23 points in 63 games this year, also clears a crucial $4MM off their books through next season. If he clears waivers and reports to the Flyers’ AHL affiliate, the Lehigh Valley Phantoms, he’ll cost a slightly reduced $2.85MM against Philly’s cap.
Photo courtesy of USA Today Sports.
Sportsnet’s Elliotte Friedman was first to report the trade.
Sportsnet’s Eric Engels was first to report that the Flyers received a first-round pick, while Charlie O’Connor of PHLY Sports specified it will be in 2025.
TSN’s Darren Dreger was first to report that Johansen was heading to the Flyers.
The Fourth Period’s David Pagnotta was first to report that Johansen was being placed on waivers.
Edmonton Oilers Acquire Adam Henrique, Sam Carrick
2:31 pm: The Ducks have made the trade official per a team announcement.
12:23 pm: The Edmonton Oilers and Anaheim Ducks are working on a trade that will send both Adam Henrique and Sam Carrick to Alberta. With the full trade details before either team has confirmed, David Pagnotta of The Fourth Period is reporting that Anaheim will acquire a 2024 first-round selection as well as a conditional 2025 fifth-round selection that can be upgraded to a fourth-round pick if the Oilers win the Stanley Cup.
Although the Ducks are already retaining 50% of Henrique’s salary in the deal, the Tampa Bay Lightning were also brought in to retain 25% of the salary as well, earning a conditional 2025 fourth-round pick from the Oilers in the process. Aside from Henrique and Carrick, Edmonton will also be acquiring Tampa Bay’s 2024 seventh-round selection and goaltender Ty Taylor, who is currently rostered on the Evansville Thunderbolts of the SPHL.
Further reporting has indicated that Anaheim will be retaining 50% of Carrick’s contract as well, bringing his total salary with Edmonton down to $425K for the remainder of the season. Because the Ducks retained money on both players, they no longer have any retention spots available for any remaining trades they may make leading up to the deadline.
With Henrique now in the mix, Edmonton will have the opportunity to get creative in their top six. Understandably, they will likely keep their first line together heading into the 2024 Stanley Cup playoffs but now can move either Evander Kane or Mattias Janmark around the lineup to create a more balanced offensive approach. 
Speaking of balance, that is exactly what Henrique brings to the table for the Oilers as one of the more consistent two-way forwards in the NHL. Formidable offensively, Henrique has scored 18 goals and 42 points in 60 games for the Ducks this season but also boasts a 52.9% faceoff win rate.
Aside from helping out both offensively and defensively at even strength, Henrique should also be able to improve the Oilers’ pedestrian penalty-kill percentage this year. Centering Anaheim’s top penalty kill unit for much of his tenure in California, Henrique should be able to slide next to Ryan Nugent-Hopkins on the team’s top penalty kill unit or be the focal point of the team’s second unit.
Carrick, on the other hand, gives the Oilers an upgrade to a portion of the offensive unit they have been craving for much of the season. Experimenting with Connor Brown and Adam Erne on the team’s fourth line, Carrick gives Edmonton a more bona fide player to utilize in that role.
In 61 games for Anaheim this season, Carrick has scored eight goals and 11 points in total as well as throwing 137 hits against his opponents. Carrick has mostly played down the middle for the Ducks this season but does give the Oilers some flexibility to move Dylan Holloway to the wing on the bottom line.
With the inclusion of a first-round pick going to Anaheim in this deal, General Manager Pat Verbeek has added yet another top selection for the 2024 NHL Draft, with the Ducks now having seven total selections in the first three rounds of this upcoming summer’s draft. With 11 picks in total for 2024, the Ducks will now have added 20 new players to the organization via the draft in the last two years alone.
In Tampa Bay, even by retaining a total of $1.45MM of Henrique’s salary, they will still have plenty of cap maneuverability to make a big splash come deadline day. Essentially purchasing a later-round pick from the Oilers, the Lightning could use this extra draft selection as a sweetener of their own in a few days.
Photo courtesy of USA Today Sports images.
TSN’s Pierre LeBrun was the first to report trade talks heating up between Edmonton and Anaheim.
The Daily Faceoff’s Frank Seravalli was the first to report the trade had been completed.
TSN’s Chris Johnston was the first to report that draft picks would be headed to Anaheim.
Metropolitan Notes: Capitals, Konecny, Palat, Greaves
Taking the ice for practice this morning, Tarik El-Bashir of Monumental Sports Network provided several updates to injured members of the Washington Capitals. He reports that forward T.J. Oshie skated once again, but is still considered week-to-week, while Nic Dowd and Martin Fehervary both skated in non-contact jerseys and are confirmed to miss the team’s next game against the Pittsburgh Penguins.
All three players currently find themselves on the team’s injured reserve and have limited Washington’s depth up and down the lineup. However, even with all three members having been out since at least February 22nd, the Capitals have earned a 2-2-1 record in that stretch, maintaining their position near the Eastern Conference wild-card spot.
The largest concern will surround Oshie, who has only managed to suit up in 38 games for Washington this season. Dealing with injuries in the past, Oshie still has another year left on his contract after this season for $5.75MM. In those 38 games, his production continues to tail off towards the end of his career, as he has only managed 10 goals and 18 points up to this point.
Other Metro notes:
- Philadelphia Flyers forward Travis Konecny could return to the lineup as soon as Thursday after Sam Carchidi of Philly Hockey Now reports Konecny was a full participant in practice this morning. Konecny, who has missed the last six games for the Flyers, will be as important a return as any to Philadelphia’s lineup, as he still leads the team in scoring even after having missed time. Still thriving under head coach John Tortorella, Konecny has scored 27 goals and 54 points for the Flyers this season, leading the team in the latter category by a margin of nine points.
- Missing last night’s game with a lower-body injury, team reporter Amanda Stein is reporting that New Jersey Devils forward Ondrej Palat was also absent from the team’s practice this morning. Currently on a three-game losing streak, the loss of Palat will do nothing to help the Devils’ hopes of qualifying for the 2024 Stanley Cup playoffs. In 51 games for New Jersey this season, Palat has scored nine goals and 24 points, which is a similar pace to his production last year.
- The Columbus Blue Jackets have sent down goaltender Jet Greaves to their AHL affiliate, the Cleveland Monsters, per a team announcement. Greaves was able to play in one game for the Blue Jackets after being recalled on March 4th, stopping 26 of 31 shots in the team’s loss against the Penguins last night.
Panthers Acquire Vladimir Tarasenko From Senators
11:33 a.m.: The Senators confirmed the trade and all its parts in a team release Wednesday morning.
10:45 a.m.: The Panthers are nearing a deal to acquire pending UFA winger Vladimir Tarasenko from the Senators, according to reports from Postmedia’s Bruce Garrioch and Sportsnet’s Elliotte Friedman. Florida is sending a 2025 third-round pick and a conditional 2024 fourth-round pick to Ottawa, who retains 50% of Tarasenko’s $5MM cap hit, per Pierre LeBrun of TSN and The Athletic. The 2024 fourth-rounder will upgrade to a 2026 third-round pick if the Panthers win the Stanley Cup.
Since no roster players are being sent back to the Sens, the Panthers must place a player on waivers and assign them a non-roster designation in the interim to create space. They have no open roster spots or waiver-exempt players to assign to AHL Charlotte. Swallowing Tarasenko’s reduced $2.5MM cap hit still leaves Florida with roughly $3.2MM in space ahead of Friday’s trade deadline.
Tarasenko joins his fourth team in the past two seasons and, based on previous reporting from Garrioch, ends up in his preferred destination. The 32-year-old has complete no-trade protection as part of the one-year deal he signed with Ottawa last summer, which he waived to approve the move to Florida.
In acquiring Tarasenko, Panthers GM Bill Zito addresses his squad’s most significant need on paper – another winger to ride shotgun with Sam Bennett and Matthew Tkachuk. 30-year-old Nick Cousins, who has just five goals and 10 points in 51 games, has been shouldering top-six minutes with Anton Lundell and Evan Rodrigues finding chemistry together on Florida’s third line.
The defending Eastern Conference champions are now deeper than ever, adding Tarasenko’s 17 goals and 41 points this season to an offense that already ranked eighth in goals per game. Even his middle-of-the-pack possession metrics should be an improvement over the struggling Cousins, who’s hurt both the Bennett and Lundell lines, per MoneyPuck. When flanked by Carter Verhaeghe, Bennett and Tkachuk have controlled 60.4% of expected goals compared to 51.8% with Cousins.
It’s likely not the return the Sens wanted for their highest-value rental, especially with salary retention included. The extent to which Tarasenko’s no-trade clause limited Sens GM Steve Staios‘ options for a return is unknown. Two draft picks are better than none, though, and there was little reason for Ottawa to hold onto Tarasenko with the playoffs out of reach for a franchise-record seventh straight season.
Tarasenko’s absence should translate to an uptick in ice time for 21-year-old Ridly Greig, who’s averaged under 15 minutes per game, down the stretch. He’s been one of the Sens’ bright spots this season, posting a team-high +17 rating along with nine goals and 21 points in 49 games. Tarasenko’s most common spot alongside Drake Batherson and Tim Stützle will be filled by another veteran in Claude Giroux, at least out of the gate.
By retaining $2.5MM of Tarasenko’s cap hit, the Sens remain over the $83.5MM Upper Limit, requiring Joshua Norris‘ $7.95MM cap hit on LTIR to stay compliant. He remains out indefinitely with an upper-body injury potentially related to the shoulder problems that sidelined him for nearly all of 2022-23.
Andy Strickland of Bally Sports Midwest was the first to report that two draft picks were heading from the Panthers to the Senators.
Canucks Reassign Vasily Podkolzin
The Canucks returned winger Vasily Podkolzin to AHL Abbotsford on Wednesday, per a team announcement.
The 22-year-old’s second stint on the NHL roster this season was brief, lasting just three days. He made back-to-back appearances against the Ducks and Kings, recording one shot while averaging 10:58 of ice time.
Podkolzin, the 10th overall pick in 2019, could very well be in his final days in the Canucks organization. The Canucks remain embroiled in trade talks for high-profile deadline targets like Jake Guentzel, and without a full-time NHL role, he’s a natural candidate to increase the value of their offers.
Sending him to Abbotsford frees up a necessary roster spot for Vancouver, who was at the 23-player maximum on their active roster. They may use the extra roster space to execute trades today or sign UFA winger Phil Kessel for the remainder of the season. The three-time Stanley Cup champion remains in Vancouver and has been working out with the organization since last month.
Podkolzin is in the final season of his entry-level contract, which carries a $925K cap hit. He’ll be an RFA this summer but is not yet eligible for salary arbitration.
He’s continuously slipped down the depth chart since skating in 79 NHL games for Vancouver two seasons ago, but he’s been decent in the minors this year with 15 goals and 28 points in 44 games. He boasted solid possession numbers in his two NHL showings this week, recording a 55.3 CF% at even strength with a +0.6 expected rating.
Philadelphia Flyers Extend Nick Seeler
3:40 pm: The Philadelphia Flyers have announced the signing, confirming that it will be a four-year, $10.8MM contract extension for Seeler. The deal will also carry a M-NTC for Seeler in the first two years of the contract.
9:59 am: Half of the Flyers’ top shutdown pairing appears to be off the trade block — for multiple reasons. Not only has Nick Seeler landed on injured reserve Wednesday with a lower-body injury, but his camp is making significant progress on a contract extension to keep him in Philly, Darren Dreger of TSN reports. Anthony Di Marco of The Fourth Period adds the deal is expected to be three or four years in length and will carry an average annual value of around $3.3MM.
In a transaction corresponding with Seeler’s IR placement, the Flyers recalled blue-liner Adam Ginning from AHL Lehigh Valley. It’s the 24-year-old’s first recall of the season.
Seeler, 30, has emerged from the woodwork to emerge one of the league’s most competent two-way defensive pairs alongside Sean Walker, who’s also seen his name bandied about heavily in trade talks. The two pending UFAs have been crucial in helping the Flyers break out for a likely playoff berth, posting a team-high 55.9% expected goals share in their 645 minutes together this season, per MoneyPuck. Seeler’s seen more limited usage at even strength – averaging 14:46 per game compared to Walker’s 16:47 – but he is tied for the team lead with a +15 rating alongside top scorer Travis Konecny. His overall 16:58 average per game is a career-high.
He’s slowly developed into a multi-competent NHL player after starting his career as a bottom-of-the-lineup enforcer with the Wild in the late 2010s. Since joining the Flyers in 2021, Seeler has accumulated six goals, 23 assists, and 29 points in 183 games. One of those goals and 12 points have come in 63 games this year.
While not guaranteed, Seeler’s extension increases the likelihood of Walker finding a new home within 48 hours. The Flyers are far ahead of schedule in their rebuild, and GM Daniel Brière has preached patience and not sacrificing long-term success for short-term gains in the weeks leading up to the deadline. Walker could command a first- or second-round pick plus a handful of other desirable assets based on the market set by the Chris Tanev swap last month after the Flyers took him on as a cap dump in a three-way trade with the Blue Jackets and Kings last summer involving Ivan Provorov.
Seeler is in the final season of a two-year, $1.55MM extension he signed in May 2022. His deal carries a two-way structure this season ($775K NHL/$350K AHL/$375K gt’d), although at no point has an AHL assignment been considered for him.
Unfortunately, the Minnesota native will miss a handful of contests as the Flyers try to maintain third place in the Metropolitan Division. Assuming his IR placement is backdated to when he sustained the injury on Monday against the Blues, he’s been ruled out for a pair of pivotal contests against the Panthers and Lightning this week.
Ginning, a second-round pick in 2018, could make his season debut if Walker is dealt by Friday or if the Flyers opt to dress seven defensemen. He’s appeared in 52 contests with Lehigh Valley this season, scoring twice and adding 11 assists for 13 points with a -9 rating. He’ll be an RFA with arbitration rights this summer after completing his two-year, $1.85MM entry-level contract.
Photo courtesy of USA Today Sports.
TSN’s Darren Dreger was the first to report the official deal for Seeler.
Senators Expected To Scratch Vladimir Tarasenko For Trade-Related Reasons
The Senators will likely scratch pending UFA winger Vladimir Tarasenko for trade-related reasons Wednesday against the Ducks, Bruce Garrioch of Postmedia reports. Ottawa recalled winger Matthew Highmore from AHL Belleville in a corresponding transaction, a team announcement states.
In recent days, Tarasenko has generated interest from multiple teams. The Bruins, Oilers, Golden Knights, Hurricanes, Panthers, and Rangers have all inquired about picking him up before Friday’s trade deadline, Garrioch said Monday.
His one-year, $5MM contract contains a no-trade clause, so he can block a trade to any team he chooses. Per Garrioch, Tarasenko reportedly prefers the defending Eastern Conference champion Panthers as his post-deadline home, but it doesn’t appear he’ll force his way into a move to South Florida if another contender serves up an offer more to Sens GM Steve Staios‘ liking.
Tarasenko, 32, has picked things up after a slow start in the Canadian capital, posting 17 goals, 24 assists and 41 points in 57 games. His 0.72 points per game matches last season’s rate split between the Blues and Rangers, albeit in a little less ice time. Tarasenko’s averaging 16:03 per game, his lowest usage in 10 years.
Interestingly, he’s been a much-improved player at controlling possession quality from his later days in St. Louis. He has a 0.2 expected rating, his first time in the black in an entire season since winning the Stanley Cup with the Blues in 2019.
As such, Ottawa will follow in the footsteps of the Kraken (Alexander Wennberg) and Coyotes (Jason Zucker) and scratch their most likely trade asset to avoid a pre-deadline injury. Tarasenko, who has four points in his last four games, will be a scratch for the first time since taking a brief personal leave in December.
He’ll be replaced in the lineup by the 28-year-old Highmore, who comes up from Belleville for the third time this season. The Nova Scotia-born winger made six appearances for the Sens in November and December, recording an assist, a -1 rating and one shot on goal while averaging a career-low 7:59 per game.
The former Blackhawks, Blues and Canucks depth forward is in his first season in Ottawa after inking a one-year, two-way deal ($775K NHL/$400K AHL) on July 1 last year. He’s spent most of the year with Belleville, scoring nine goals and adding 20 assists for 29 points in 40 games. It’s a significant step back from last year’s minor-league showing when he posted 61 points in 68 games with St. Louis’ affiliate, the Springfield Thunderbirds.
As long as Highmore’s recall lasts under 10 days and sees him play four games or less, he won’t need waivers to return to the B-Sens. He’ll likely factor in on Ottawa’s fourth line tonight with Mark Kastelic and Parker Kelly. Zack MacEwen, who was quietly moved to injured reserve yesterday, per CapFriendly, is out with a lower-body injury.
Capitals Sign Rasmus Sandin To Five-Year Extension
The Capitals have re-signed pending RFA defenseman Rasmus Sandin to a five-year extension, the team announced Wednesday. His contract carries an average annual value and cap hit of $4.6MM, earning him $23MM over the life of the deal. Elliotte Friedman of Sportsnet was the first to report Washington and Sandin were nearing an extension.
Sandin, 23, would have been eligible for salary arbitration if he reached restricted free agency this summer. He’ll be a UFA at the end of his new deal, which expires after the 2028-29 season.
The 2018 first-round pick has logged major minutes for Washington since they acquired him from the Maple Leafs for Erik Gustafsson and a first-round pick before last season’s trade deadline. With Martin Fehérváry missing a significant chunk of the season with injuries, Sandin has often slid into a top-pairing role alongside John Carlson and is averaging a career-high 21:19 per game.
That pairing has struggled defensively, conceding 2.97 expected goals against per 60 minutes, according to MoneyPuck. He’s fared considerably better in slightly less usage alongside Trevor van Riemsdyk, who have a 50.4% expected goals share (and only 2.19 expected goals against per 60 minutes) when paired together.
His production is down slightly from last year’s seven-goal, 35-point campaign, but he still has a respectable 20 points in 52 games and has plenty of room to grow as he enters his mid-20s. Dom Luszczyszyn of The Athletic pegs the deal as an immediate slight overpay but a long-term bargain, with Sandin’s average market value projected at $5.3MM per season over the contract’s duration.
The contract does not include any trade protection, per CapFriendly. $7MM of the $23MM total, approximately 30%, will be paid in signing bonuses.
Washington has their blue line set for next season with only Joel Edmundson on an expiring contract. If he’s not dealt by Friday’s trade deadline, he’s unlikely to be re-signed. Carlson, Fehérváry, van Riemsdyk, Alexander Alexeyev, Ethan Bear, and Nick Jensen are all signed to one-way deals through next season, giving the Caps a full complement of seven defensemen.
However, the signing does leave Washington in a cap crunch that GM Brian MacLellan will need to get creative to navigate. With pay bumps for Aliaksei Protas and Tom Wilson kicking in next season, the Capitals are down to $4.17MM in projected cap space with a roster size of 16, per CapFriendly. That figure accounts for buried center Evgeny Kuznetsov, whose cap hit is reduced slightly to $6.65MM while on assignment to AHL Hershey, remaining in the minors.
Sandin was in the final season of a two-year, $2.8MM deal he signed after holding out for most of the 2022 offseason.