Two summers ago, the St. Louis Blues sent waves through the hockey world by poaching defenseman Philip Broberg and forward Dylan Holloway from the Edmonton Oilers via offer sheets. Both players have performed exceptionally well with the Blues so far, but only one has signed a long-term contract with the organization.
Holloway will have that opportunity this summer. On July 1st, Holloway’s two-year, $4.58MM contract, the offer sheet that pried him away from Alberta, will expire. Holloway will be eligible for arbitration and is owed a qualifying offer of $2.29MM, which St. Louis is expected to tender.
In a new update from the Blues, the team quoted Holloway, saying, “It was kind of wild two years ago. But obviously I’m very thankful to be a Blue and I want to be a Blue for a long time.” There will obviously be mutual interest from St. Louis to retain Holloway, but they may not have much appetite for a lengthy commitment just yet.
Holloway was exceptional during his first year with the club, scoring 26 goals and 63 points in 77 games with a +21 rating, averaging 16:49 of ice time. Additionally, he finished fifth on the team in hits and was behind only Jordan Kyrou for the best possession metrics among Blues’ forwards.
Unfortunately, Holloway hit a wall this season, particularly due to a right ankle injury that began in mid-December. His point-per-game production remained strong, but Holloway only finished with 59 games played on the season. If there are concerns that Holloway might be affected by injuries for several years, the Blues will likely hesitate on a long-term deal this summer.
Back in October, before Holloway’s injury, Jeremy Rutherford of The Athletic theorized on what an extension for Holloway may look like. Being spot on for his $8MM salary call on Broberg, Rutherford believes it will be around the same for Holloway, indicating that it will likely fall between $7MM and $9MM per year on a long-term pact.
Still, if Holloway was being truthful in his comments, and not just paying lip service, he shouldn’t mind another two-year bridge deal with St. Louis. He doesn’t become eligible for unrestricted free agency until after the 2028-29 season, and even if the Blues are willing to commit long-term this summer, it won’t be for top dollar after he missed nearly 30% of the season.
Regardless, outside of decisions on who to keep and who to trade, Holloway is the only important contract the Blues will have to wrestle with this summer. The club will have to decide whether or not to tender a contract to waiver-claim Jonatan Berggren, but it likely won’t take too much time deciding on the future for the other pending free agents, such as Justin Holl, Oskar Sundqvist, and Matthew Kessel.
On behalf of the Blues, thanks for the top-pairing dman and young stud forward Stan Bowman!
Couldn’t take advantage of a worse GM/person!
Price of hockey players is going up along with a rising cap. Holloway is a player no doubt , speed , hands , energy and enthusiasm! He has suffered injuries , all playing a very assertive style. His chemistry within this current group is undeniable. If you can sign him to an 8×8 I wouldn’t hesitate, next year will only cost more ! Just don’t add a full no movement clause in any of the years.