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Archives for August 2024

Golden Knights Sign Tanner Pearson To PTO

August 20, 2024 at 5:41 pm CDT | by Gabriel Foley 1 Comment

The Vegas Golden Knights have signed forward Tanner Pearson to a professional tryout agreement. The deal gives Pearson a chance to fight for one of Vegas’ remaining bottom-six positions – a battle already being fought by Victor Olofsson, Keegan Kolesar, Brendan Brisson, and Jonas Rondbjerg.

Pearson, 32, recently completed a one-year stint with the Montreal Canadiens. He was the return for Casey DeSmith in a pre-season swap with the Vancouver Canucks, though upper-body injuries and healthy scratches limited him to just 54 appearances. He scored 13 points in those outings – a career-low in years he played in more than 20 games. The move to Montreal ended Pearson’s stretch of five years with the Canucks, where he managed 114 points across 221 games. The bulk of that scoring came in his first year in Vancouver, when Pearson managed a career-high 45 points in 69 games. It continued the streak of 40-point scoring that he carried through six years with the Los Angeles Kings. But he’d lose that streak quickly after, with 34 points in 2021-22 marking the only time that Pearson has exceeded 20 points in the last four seasons.

The battle for ice time among Vegas’ bottom-six now grows thicker, as the team looks to make up for off-season departures of lineup fixtures like William Carrier, Chandler Stephenson, Jonathan Marchessault, and Michael Amadio. Those absences open plenty of minutes on Vegas’ bottom lines, though new signee Olofsson, and young prospects like Brisson and Pavel Dorofeyev, are likely to earn precedent – unless Pearson impresses enough to earn a contract of his own in Vegas’ training camp.

Vegas Golden Knights Tanner Pearson

1 comment

Afternoon Snapshots: Couture, Chernyshov, Draft Location

August 20, 2024 at 5:13 pm CDT | by Gabriel Foley 7 Comments

San Jose Sharks captain Logan Couture has been ramping up his training in San Jose this summer, new head coach Ryan Warsofsky shared with Sirius XM. Warsofsky added, “He’s working extremely hard. He’s in San Jose. He’s been in San Jose. He’s training. He’s working out. I know he’s feeling good, and I know when Logan is feeling good, we will let him play.”

Warsofsky’s comments continue the sentiment laid out by his predecessor, David Quinn, who emphasized that the team had a plan for Couture’s path back to the ice. It seems the next big step hinges on when Couture feels ready to return to the lineup, though where he’ll slot in when he’s back will also be a big question. The Sharks recently signed star prospects Macklin Celebrini and Will Smith to their entry-level contracts. Both players project confidently as centerman at the top level, though they may need a bit of support as they find their footing. That could be where Couture comes in – playing on the rookie’s wing and supporting them on faceoffs or in the defensive end. It’d be a well-timed move to the flanks – after all, Couture hasn’t posted a faceoff percentage above 50 percent in a decade. A new role next to high-upside prospects should be enough to maintain Couture’s other stats, though, adding a player with 25-goal and 50-point upside into a Sharks lineup desperate for offense.

Other notes from around the league:

  • Sticking in San Jose – Sharks forward prospect Igor Chernyshov has undergone a shoulder repair surgery known as a Latarjet Procedure, per his agent Dan Milstein. Chernyshov is slated to join the OHL’s Saginaw Spirit for next season, though his debut in the league will likely be delayed by the one-to-two months it takes to recover from surgery. Chernyshov was the first pick of this year’s second round, after a confident season with Russia’s Dynamo Moscow – where he recorded 28 points in 22 juniors game and four points in 34 KHL games. He’s a hefty and responsible forechecker who’s strong both on and off of the puck. The Sharks will hope those traits hold strong through shoulder surgery. If they do, Chernyshov could be on a fast track to the pros, having signed his entry-level contract at the beginning of this month.
  • The NHL is looking to keep the excitement around the NHL Draft, eyeing Los Angeles as the frontrunner to host the 2025 Draft and NHL Awards ceremonies, shares David Pagnotta of The Fourth Period. 2025 will mark the first time that the draft is decentralized, allowing team staff to stay in their local market rather than populating the draft floor. That will certainly change the back-end approach for teams, though the front-facing structure is likely to be largely maintained – with players greeting commissioner Gary Bettman on stage after their selection. That’s the format of both the NFL and NBA Drafts, which both succeed the NHL in annual viewership despite being decentralized for years.

NHL| OHL| Players| Prospects| Saginaw Spirit| San Jose Sharks| Snapshots Igor Chernyshov| Logan Couture| NHL Awards| NHL Draft

7 comments

Canucks Testing Goalie Market Amid Thatcher Demko’s Injury

August 20, 2024 at 3:58 pm CDT | by Josh Erickson 10 Comments

The Canucks are on the hunt for some short-term goalie help on the trade and UFA market, CHEK’s Rick Dhaliwal said on Sportsnet 650 Tuesday. That’s because star starter Thatcher Demko is healing slower than expected from the knee injury he sustained early in their first-round series against the Predators and still isn’t 100%, per Dhaliwal.

Dhaliwal said it’s unclear if Demko has undergone surgery to address the knee injury, and Vancouver has been concerned about the pace of his rehab as far back as the draft in June.

This storyline comes after information about Demko’s return timeline varied wildly throughout the postseason. Multiple reports stated he’d only be out for one series, while others said he would be shut down for the season. The team never officially ruled him out, instead continuously listing him as week-to-week, but he never did return to the lineup after recording a win in Game 1 against the Predators.

The Canucks were also rumored to be sniffing around for a veteran name to supplement their crease and provide competition for emerging youngster Arturs Silovs around the draft and free agency, but that never came to fruition. Last year’s No. 2 option, Casey DeSmith, wasn’t brought back and signed a three-year deal with the Stars. Vancouver’s only notable offseason addition between the pipes was former Golden Knights prospect Jiri Patera, who’s meant as a No. 3/4 option behind Silovs.

Those rumblings will get louder now with Demko’s status uncertain. The most clear-cut addition for the Canucks would be Kevin Lankinen, the top goalie left on the UFA market. His time as a Predator ended at the hands of Vancouver last season, and he remains unsigned after Nashville opted to sign Scott Wedgewood to replace him as Juuse Saros’ backup. The 29-year-old Finn was an above-average backup during his two years in Tennessee but was sparsely used, posting a 20-14-1 record and .912 SV% in 35 starts and eight relief appearances. Still, he’d be a cheap pickup, certainly not more than the $2MM he made last year after waiting for this late into August to sign.

Some other notable veteran UFA options include Martin Jones and Antti Raanta, but both are significantly older than Lankinen and have a much higher potential for age-related regression. Jones is coming off a resurgent year as the third-stringer for the Maple Leafs, but Raanta’s typically strong but injury-plagued play collapsed last season with a .872 SV% in 24 games for the Hurricanes.

On the trade market, funnily enough, Nashville might be one of their first calls. Top goaltending prospect Yaroslav Askarov has reportedly submitted a trade request to the club, but it’s a situation that could potentially be resolved if they decided to flip Scott Wedgewood, who signed a two-year, $3MM contract with the club on July 1st. He’s spent the last three seasons in the Dallas Stars organization, though he sat out much of the 2021-22 campaign. Wedgewood has played in 53 games over the two seasons since, posting 15 wins and a collective .907 save percentage behind Jake Oettinger. He’s poised to fill the same role in Nashville – ceding a majority of starts to a proven starter and limiting Askarov’s chance at the NHL ice time he’s searching for. With Nashville facing a formal trade request from one of the league’s top goalie prospects, the Canucks could benefit from timing, and reel in another hardy backup to help fill time before Demko’s return – a situation akin to the Tampa Bay Lightning’s platooning while Andrei Vasilevskiy missed time last season.

The Canucks may be able to offer that upside in the short-term, but it’ll be hard to move too far from Demko, who’s risen to prominency as he’s taken over Vancouver’s top role. That growth peaked this season, with Demko ranking second in Vezina Trophy after posting a .918 through 51 appearances. He’s signed at a $5MM cap hit through the next two seasons and is likely to hang onto Vancouver’s starting crease through any new additions. That strings out a tight-rope the Canucks will need to walk, as they make the decision between a lofty goalie trade, a free agent signing, or leaning on unproven backups.

Free Agency| NHL| Uncategorized| Vancouver Canucks| Vegas Golden Knights Arturs Silovs| Kevin Lankinen| Martin Jones| Scott Wedgewood| Thatcher Demko| Yaroslav Askarov

10 comments

Kraken Re-Sign Matthew Beniers To Seven-Year Deal

August 20, 2024 at 2:20 pm CDT | by Josh Erickson 11 Comments

The Kraken have agreed to terms with top RFA center Matthew Beniers on a seven-year contract, the team announced Tuesday. It’s worth $50MM, working out to a $7.14MM cap hit through the 2030-31 season. Per PuckPedia, the deal carries a total salary of $7.15MM in every season except its last, where it decreases to $7.1MM. $5MM worth of his annual salary will be paid out via signing bonuses in 2024-25 and 2025-26.

Beniers, who turns 22 in November, has spent his brief NHL career as the expected future face of the Kraken. He wasn’t just the No. 2 overall pick in the 2021 draft; he was the first selection in Kraken history. Coming off his entry-level contract, Beniers was a free agent for the first time this summer, and the length of negotiations to this point implied the two sides were likely hammering out a complex long-term commitment. Talks on Beniers’ next contract have been ongoing since early June, per a report from David Pagnotta of The Fourth Period at the time.

The Massachusetts native is coming off quite a questionable 2023-24 season at first glance, however. Expectations were high after Beniers was thrust into first-line minutes in his rookie season, posting 24 goals, 57 points, and excellent possession quality numbers en route to taking home the Calder Trophy. While his two-way impact remained positive last year, his offense fell off a cliff. In 77 contests, the 6’2″ pivot was good for only 15 goals and 37 points despite a slight uptick in ice time. Among forwards who averaged at least 17:30 per game last season, his 0.48 points per game were tied for fourth-lowest.

But there were some silver linings. He improved significantly in the dot, bumping his FOW% to 47.4 after a brutal 42.2% showing in 2022-23. He also attempted more total shots, but fewer got on goal. When they did reach the netminder, his shooting percentage dropped to a more projectable 11.3%, down from 16.2% the year before.

However, concerns about Beniers’ ceiling as a true first-line center have followed him since his draft year with the University of Michigan. His two-way game appears to have arrived as promised, but his offensive showing thus far suggests he’s likely better suited as a high-end second-line center long-term.

The Kraken likely agree with that assessment, seeing as a $7MM AAV is fair value for an above-average 2C, especially as the salary cap continues to rise. Rather than signing Beniers to a bridge deal and giving him a chance to prove them wrong with a significant offensive breakout in the next couple of years, general manager Ron Francis has opted to follow the trend of long-term commitments for core pieces early on and get him signed through most of his prime.

It’s still a gamble that Beniers can consistently produce 15-25 goals and 55-65 points, more in line with his rookie year totals. Seattle improving their power play, which has ranked 28th in the league since the franchise’s inception three years ago, should help boost his totals. 75 of Beniers’ 103 career points have come at even strength.

He isn’t the team’s highest-paid player after this deal. That honor still goes to defenseman Vince Dunn and his $7.35MM cap hit. But it is tied for the largest total value contract the Kraken have doled out since entering the league, joining recent UFA signing Brandon Montour.

Beniers will have a 12-team no-trade list during the last two years of the contract, per PuckPedia. It’s the only period he was eligible to receive trade protection.

Cap-wise, the Kraken now find themselves in a bit of a pickle. The team checks in with a projected cap hit of $88.77MM with a roster size of 22, per PuckPedia, over the $88MM upper limit. They can become cap-compliant by assigning a player with a league-minimum salary to the minors, such as UFA additions Josh Mahura or Ben Meyers. Still, they’d only have room for one extra player on the roster with less than $10K in daily flexibility to open the season. It wouldn’t be surprising to see Seattle pursue a cap-clearing move before training camps get underway.

Image courtesy of USA Today Sports.

Elliotte Friedman of Sportsnet was first to report Beniers was re-signing in Seattle.

Newsstand| Seattle Kraken Matthew Beniers

11 comments

East Notes: Laine, Makiniemi, Sutter

August 20, 2024 at 12:15 pm CDT | by Josh Erickson Leave a Comment

Patrik Laine has no reservations about his ability to return to being an impact player following yesterday’s trade to the Canadiens. “I don’t want to come back as a 30-goal-scorer. I want to come back as a 40, 50- (goal-scorer). I’ve done that previously and it’s not by accident,” he told reporters (including NHL.com’s Tracey Myers).

“But it’s not just all about that,” Laine continued. “I want to come in and do whatever it takes to contribute to the team and help the team win, whether it’s me scoring 50 or scoring 20, as long as the team wins. I’m getting to that age, I’m not 19 years old anymore. I just want to win.”

Regardless of what exact number he produces, Laine’s career-average 14.7% shooting rate should be a boon to a Montreal offense that’s finished in the league’s basement the last few years. He’s only hit the 40-goal plateau once in his sophomore season with Winnipeg in 2017-18, but he’s hit or been on pace for 30 goals five other times, often limited by injuries.

Elsewhere from the Eastern Conference:

  • Team official site contributor Bill Meltzer relays that the Flyers are interested in bringing in free-agent netminder Eetu Mäkiniemi for a professional tryout. Philadelphia already has a pair of netminders under contract slated for minor-league action this season in Alexei Kolosov and buried veteran Calvin Petersen. However, the former’s availability is uncertain amid his reported preference to return to Belarus’ Dinamo Minsk on loan. Mäkiniemi, 25, became a Group VI unrestricted free agent this summer after spending the last two seasons in the Sharks organization. He split last year between the AHL’s San Jose Barracuda and the ECHL’s Wichita Thunder, posting a .900 SV% in 18 AHL contests and a .907 SV% in three ECHL games. The Finn was a fourth-round pick of the Hurricanes in 2017 and found his way to San Jose in the 2022 Brent Burns trade.
  • The Rangers have hired Shaun Sutter as an amateur scout, Arthur Staple of The Athletic reports. His familiar last name isn’t a coincidence – he’s the son of former Blues captain Brian Sutter and the nephew of Stanley Cup-winning head coach Darryl Sutter. The 44-year-old has spent the last 13 years with the Red Deer Rebels of the Western Hockey League, including the last 10 as an assistant/associate general manager. He’ll presumably stick to scouting the region he’s developed an innate familiarity with over the past decade-plus.

Montreal Canadiens| New York Rangers| Philadelphia Flyers Eetu Makiniemi| Patrik Laine| Shaun Sutter

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Oscar Klefbom Confirms Retirement

August 20, 2024 at 11:35 am CDT | by Josh Erickson 2 Comments

Aug. 20: According to the NHL Alumni Association, Klefbom officially filed retirement paperwork today.

Aug. 8: Former Oilers defenseman Oscar Klefbom, who hasn’t played a game since August 2020 due to a shoulder injury, has confirmed his retirement, via Rasmus Kagstrom of Hockey Sverige.

“It is as it is. I wasn’t quite done with hockey as a sport. But now it’s over,” Klefbom said (translated from Swedish). “I am very happy with my career. I’m just grateful that I got the chance to play as many games as I did – even though it was as an injury. I gained a lot of trust, got to take part in a fantastic journey. There are really two sides to the coin – because although I am grateful, I would have liked to be here today. On the ice. As a player.”

Klefbom also confirmed he played with his eventual career-ending shoulder injury throughout nearly all of his seven-year NHL career. Regarding the wait to officially announce his retirement, the 31-year-old said: “It was a choice I made. I talked to Edmonton that I wanted to lay very low with what was going to happen and what the situation is. They were perfectly ’fine’ with that. From my side, it was also because I thought it was so difficult to talk about it.”

For a brief time, Klefbom was one of the league’s premier two-way defenders. Selected 19th overall in 2011 out of Sweden’s Farjestad BK, Klefbom remained in his home country for two more seasons before making the jump to North America in 2013-14.

He was mostly an AHLer in his first season, suiting up in 48 contests for the Oklahoma City Barons. But he did get a taste of NHL action, posting three points in 17 appearances. It wasn’t much of an impact, but he’d make a large jump in his development in the 2014 offseason and became a staple of the Oilers’ top four in just his second season in the system.

Klefbom would go on to play 378 games in an Edmonton sweater, scoring 34 goals and 122 assists for 156 points (0.41 per game). He had a career -64 rating, understandable for a player routinely averaging north of 22 minutes per game on an Oilers club that only made the playoffs twice in his tenure. His even strength possession numbers on the whole were positive, logging a 1.4 relative CF% and 50.1 xGF% at even strength, per Hockey Reference. He was a major part of Edmonton’s power play and penalty kill units, especially near the end of his abbreviated career.

The Karlstad native has been a UFA for over a year after his seven-year, $29.17MM contract with the Oilers expired in 2023. He spent the final three seasons of the contract entirely on long-term injured reserve.

Klefbom made clear in his interview that he wants to return to hockey in some capacity, but whether that’s in the NHL or Sweden remains to be seen.

Image courtesy of USA Today Sports.

Edmonton Oilers| Newsstand| Retirement Oscar Klefbom

2 comments

Notes From The Philip Broberg, Dylan Holloway Offer Sheet Fall-Out

August 20, 2024 at 10:19 am CDT | by Josh Erickson 3 Comments

The Oilers were likely to lose Philip Broberg one way or another this month. The Blues were one of three teams preparing an offer sheet for the defenseman, Andy Strickland of Bally Sports Midwest reports.

It’s unclear if the two other offers were officially presented to Broberg’s camp. But, as a reminder, unsigned RFAs have no obligation to sign an offer sheet if they’re presented with one.

That means the Blues weren’t just competing with the Oilers’ offer to retain Broberg, which Strickland adds was likely a two-year deal with a $1.1MM average annual value, far less than the $4.58MM AAV at which they acquired him. They were competing with two other teams, partially explaining their inflated offer to the 2019 eighth-overall pick. Their offer to Broberg was also the maximum they could sign him for without being required to part with their 2025 first-round pick as compensation to Edmonton.

It’s also fair to infer that Broberg’s camp had an indication for some time that there was offer sheet interest. The deal from the Oilers was much closer to fair market value for a defender coming off a season spent mainly in the minors and less than an entire season’s worth of NHL experience under his belt.

Edmonton’s offer to Dylan Holloway was a three-year deal worth $1.05MM, per Strickland. That’s a much smaller gap to bridge to the two-year, $2.29MM AAV pact he signed with St. Louis. Still, a deal over the $2MM AAV threshold for a player with fewer than 10 NHL goals across nearly 90 games is challenging for a cap-strapped contender, regardless of his ceiling.

They’ve gone with a slightly older but cheaper player with a skillset to replace him by acquiring Vasily Podkolzin, who was selected two picks after Broberg in 2019, from the Canucks. His AAV is $1MM for the next two seasons, mirroring their offer to Holloway more closely.

Sacrificing short-term overpaid but high-ceiling young talent came to maintain in-season salary cap flexibility, posits Elliotte Friedman of Sportsnet. After declining to match the offer sheets, the Oilers have enough projected cap space to field a 22-player opening night roster without utilizing long-term injured reserve, allowing them to accumulate cap space throughout the season.

That will give general manager Stan Bowman free reign to add talent at the trade deadline as the Oilers attempt to make their second Stanley Cup Final in as many years. Per PuckPedia, maintaining their roughly $946K in season-opening cap space will snowball into $4.4MM available to spend on March 6.

Edmonton Oilers| St. Louis Blues Dylan Holloway| Philip Broberg

3 comments

Oilers Acquire Paul Fischer From Blues

August 20, 2024 at 8:35 am CDT | by Josh Erickson 5 Comments

The Blues announced Tuesday that they’ve sent unsigned 2023 fifth-round pick Paul Fischer and a 2028 third-round pick to the Oilers in exchange for future considerations. The swap immediately follows the Blues’ successful acquisition of Philip Broberg and Dylan Holloway from Edmonton via offer sheets.

Fischer, 19, is a solid pickup for the Oilers, who presumably acquired him as a sweetener not to match St. Louis’ offer for either player. The left-shot defenseman is decently sized at 6’1″ and 201 lbs and is coming off a promising freshman outing at Notre Dame, where he contributed more offense than expected with 16 points in 34 games.

While he projects as a stay-at-home defender if he ever cracks an NHL lineup, Fischer does have good instincts with the puck. Those were apparent with his 14 assists last year, which tied for third on the Fighting Irish.

Fischer was a solid value for the Blues with the No. 138 pick last year. TSN’s Craig Button had him inside the top 100 of his rankings, and NHL Central Scouting pegged him as the No. 58 North American skater in the class.

The Oilers have until Aug. 15, 2027, to sign Fischer to his entry-level contract before his exclusive signing rights expire. After Broberg’s departure, he immediately becomes one of the better options in a paper-thin pool of left-shot defense prospects in Edmonton.

Edmonton Oilers| St. Louis Blues| Transactions Paul Fischer

5 comments

Oilers Decline To Match Offer Sheets For Philip Broberg, Dylan Holloway

August 20, 2024 at 8:18 am CDT | by Josh Erickson 12 Comments

The Oilers have let Philip Broberg and Dylan Holloway head to the Blues today by declining to match the offer sheets they signed last week, the team announced.

As such, Broberg and Holloway will enter into valid two-year contracts with the Blues. Broberg’s deal has a total value of $9.16MM and a $4.58MM cap hit, while Holloway’s has a total value of $4.58MM and a $2.29MM cap hit. Upon expiry in 2026, each will become restricted free agents with arbitration rights.

Edmonton will receive the Blues’ 2025 second and third-round picks as compensation for the Broberg and Holloway offers. St. Louis had previously traded away next year’s second-rounder but re-acquired it from the Penguins minutes before announcing the offer sheets last week.

Broberg, 23, was the eighth overall pick in the 2019 draft after dominating that year’s U18 World Championship, being named the tournament’s best defenseman, an All-Star, and a top-three player on the team while winning a gold medal with Sweden. Unfortunately, he hasn’t yet been able to convert that draft pedigree into a full-time NHL role. He’s bounced between the Oilers and their AHL affiliate, the Bakersfield Condors, limiting Edmonton’s willingness to give him a deal with a seven-figure AAV, let alone one in the $4MM range.

2023-24 marked a regression for Broberg, who got just 12 regular-season appearances after making a career-high 46 the season before. The left-shot averaged 11:37 per game, his shortest leash since making his NHL debut three years ago, and had two assists with a -3 rating. However, he was able to unlock a new gear in the minors. He’d been a two-way force with the Condors since arriving in North America in 2021 but took things to a new level last season with five goals, 33 assists, 38 points, and a +11 rating in 49 games. His 0.78 points per game were fourth in the league among defenders with at least 15 games played.

Broberg entered restricted free agency for the first time on a bit of a high note after re-entering the Oilers lineup during the tail end of their run to the Stanley Cup Final. He got into 10 games in May and June, getting top-four spot duty alongside Darnell Nurse and averaging 15:48 per game. He seemed to respond well, posting three points and a +8 rating, but his shot attempt metrics were quite poor, and his rating has more to do with an artificially high .969 SV% from Oilers netminder Stuart Skinner while Broberg was on the ice. The eye test indicated he was playing with more confidence, though, despite being bumped to his weak side playing with Nurse.

Holloway is a similar story. The 6’1″ forward, who turns 23 next month, was the No. 14 overall pick a year after Broberg and, had he been eight days older, would have been eligible for the 2022 draft instead. In his post-draft season, Holloway enjoyed a standout sophomore campaign at the University of Wisconsin, where he had 35 points in just 23 games and was named to the Big 10 conference’s First All-Star Team and was a finalist for the Hobey Baker Award for the top collegiate player. However, like his Swedish counterpart, Holloway has failed to avoid AHL assignments through each of his three professional seasons thus far.

However, Holloway has gotten more runway at the NHL level, making 89 appearances combined over the past two campaigns. He’s likely a safer bet to be an impact piece for St. Louis this season despite his contract being worth half as much as Broberg’s. With Edmonton’s world-beating forward depth, there have been limited opportunities for Holloway to land a spot higher up in the lineup, limiting his usage to 10:21 per game. That’s resulted in a relatively meager career offensive output of nine goals and 18 points, 0.20 per game.

Like Broberg, Holloway’s minor-league showings have been strong, most recently scoring 10 goals and six assists in 18 games with the Condors last season. But with the pending move to the Blues, both players’ days of seeing AHL ice are over. The Blues’ entire left defense depth chart becomes a tossup with Broberg, Pierre-Olivier Joseph, Scott Perunovich and veterans Nick Leddy and Ryan Suter, neither of whom have any set roles entering the season. There’s also the matter of Torey Krug, who could miss the entire 2024-25 season if he undergoes surgery to correct pre-arthritic conditions in his left ankle. If he’s out, there’s a chance for Broberg to earn a top-four job come opening night with a strong training camp.

Likewise, the Blues’ below-average forward depth gives Holloway a fighting chance at claiming a top-nine role when the Blues kick off the NHL’s Opening Night festivities against the Kraken on Oct. 8. There are options galore for the Blues to utilize Holloway, who can play both left-wing and center, in a wide-open competition with depth players like Mathieu Joseph, Kasperi Kapanen and Alexandre Texier.

It’s all part of a clear directive from St. Louis general manager Doug Armstrong to get younger and faster this summer, picking up more cost-effective depth pieces like Joseph and Texier to help boost a team with a roster now barely recognizable from its 2019 Stanley Cup win.

The Blues will be down to just $470K in projected cap space after taking on the contracts, but that’s assuming a roster size of two players over the 23-man limit. If they sent a pair of league-minimum contracts down to the minors, they’ll begin the season with just over $2MM in space.

After letting both players walk, the Oilers’ pathway to cap compliance is now clear. It’ll be a tight fit, but they have a few options to submit a cap-compliant opening night roster with at least one healthy extra, as outlined by PuckPedia. On the ice, they went out and acquired cheaper replacements for Broberg and Holloway on the trade market by picking up Ty Emberson from the Sharks and Vasily Podkolzin from the Canucks, but said goodbye to top-four fixture Cody Ceci and his $3.25MM cap hit in the process.

Elliotte Friedman of Sportsnet was first to report that the Oilers would not be matching the offer sheets.

Images courtesy of USA Today Sports.

Edmonton Oilers| Newsstand| St. Louis Blues| Transactions Dylan Holloway| Philip Broberg

12 comments

Laine Trade Could Make Blue Jackets A Cap-Clearing Broker

August 19, 2024 at 9:00 pm CDT | by Brian La Rose 15 Comments

Earlier today, the Blue Jackets were able to accommodate Patrik Laine’s trade request, moving the winger to Montreal along with a 2026 second-round pick in exchange for Jordan Harris.  With no salary retention on either player in the swap, Columbus opened up $7.3MM in extra cap room.

Speaking with Brian Hedger of the Columbus Dispatch, GM Don Waddell indicated that clearing the entirety of Laine’s contract was a key focus, something they wouldn’t have had a chance to do with the other offers that were on the table:

Any other deals we’d talked about were all about retaining half, and our goal was to get out of the whole contract. So, we’re happy it worked out. I called him and wished him the best of luck. Sometimes, you’ve got to make decisions that are better for your hockey club, and gaining cap (space) and cash means a lot for two years.

As it turns out, the Canadiens were a late entrant to the discussions as The Athletic’s Aaron Portzline relays (Twitter link) that Montreal only engaged Columbus this past weekend about the swap with discussions quickly turning serious.  Speculatively, based on Waddell’s comments, the priority wasn’t necessarily maximizing the trade return but rather maximizing their flexibility moving forward so once they found a team open to taking on the full freight of the deal, they moved quickly to get it done.

When it comes to that flexibility, the Blue Jackets now have nearly $18.2MM in cap space, per PuckPedia.  Only two teams – Calgary and Anaheim – have more than that.  Even if Columbus is a team operating under a budget and not able to spend right to the Upper Limit of the salary cap, they should still have some room to make some moves.

It seems there are some executives who feel the same way.  Waddell noted to Hedger that shortly after the trade, he received a pair of inquiries from teams that are looking to open up cap space.  With several teams fairly tight to the cap, there are bound to be others as well.  That said, Waddell cautioned that they might not take advantage of that flexibility right away:

There are a lot of teams that are either over the cap or right up against it, and if nothing happens right now, we’ll just go into training camp.  We just gave ourselves so much more flexibility. Even if it doesn’t work out this year, going into next summer knowing that you don’t have that on your books is a relief.

This summer has been all about patience for Columbus.  It took them a while to find a new GM while their head coaching search went into July, a rarity; assistant coaching decisions went even longer.  It took several weeks for the Laine trade to come together, even at a time when it was widely known he was available.  Knowing that, patience might be the best course of action for Waddell and the Blue Jackets to take when it comes to utilizing their newfound cap space.  With a lot of teams potentially benefitting from extra cap room, the Blue Jackets are well-positioned to wait for the offers to come in, basically the opposite of what happened in what turned out to be a very limited market for Laine.

Columbus Blue Jackets Patrik Laine

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