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Kraken Begin Extension Discussions With Matthew Beniers

June 5, 2024 at 11:32 am CDT | by Josh Erickson Leave a Comment

The Kraken have begun preliminary contract discussions with top pending restricted free agent Matthew Beniers, per David Pagnotta of The Fourth Period. Their first draft pick in franchise history just completed the final season of his entry-level contract and is in need of a new deal this summer.

Beniers, still 22, turned pro to end the 2021-22 campaign after returning for his sophomore season with the University of Michigan. After ending the season on a tear with nine points in his first 10 NHL games, he took over first-line center duties entering 2022-23. His 24 goals were second on the team, his 57 points ranked fourth, and his +14 rating and 17:09 average time on ice helped him win the Calder Trophy as the league’s top rookie.

This year, Beniers endured a bit of a sophomore slump. Most of his underlying metrics remained the same, as he actually had more individual shot attempts than last year and maintained a CF% in the 51% range, but his production dropped to 15 goals and 37 points in 77 games. He was one of many affected by a major team-wide swing in shooting percentage, finishing at just a 9.1% rate this season compared to 11.6% in 2022-23.

It’s still unclear if he has the offensive upside to carry a team to a championship as their first-line center, but those concerns have persisted since his draft day. His floor as a high-end, defensively responsible pivot has already been realized, and he’s projected to again hold down first-line minutes next season with the team stating its preference to keep top goal-scorer Jared McCann on the wing.

Notably, Pagnotta says Kraken general manager Ron Francis isn’t yet sure if he wants to ink Beniers to a bridge deal, allowing them to sign him once again as an RFA in a few years, or go long-term immediately in hopes of getting a discount on his market value through his mid-20s. Evolving Hockey projects an eight-year extension for Beniers to cost $7.2MM annually, which could pay dividends if he can be a consistent 60-to-70-point player. If not, though, that’s a bit pricey for a player better served as a matchup second-line center. A three-year bridge deal, however, projects to cost just $5MM annually.

Either way, Pagnotta indicates negotiations are expected to kick into high gear after the scouting combine wraps up next week. There’s no huge sense of urgency to get a deal done before July 1, but it would give Francis a higher degree of cost certainty as he looks to improve his roster in free agency.

Photo courtesy of USA Today Sports.

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