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Arbitration

Remi Elie Agrees To Terms With Buffalo Sabres

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The Buffalo Sabres have avoided arbitration with Remi Elie, agreeing to terms with the young forward to a one-year, two-way contract worth $700K at the NHL level. Elie was scheduled for an arbitration hearing today.

Elie, 24, ended up playing in 16 games for the Sabres last season after being claimed off of waivers at the beginning of the season. He would then clear waivers a few months later and finish the season in the minor leagues, a place he may have to get used to for the time being. The two-way deal would seem to indicate that both parties are expecting him to spend some time in the AHL in 2019-20.

With 106 NHL games to his name Elie will not qualify for Group VI unrestricted free agency next summer, meaning the Sabres will retain his rights once again with a qualifying offer. That is of course if they believe he’s worthy of one, something he’ll have to prove once again. Selected 40th overall in 2013, Elie has recorded just 22 points at the NHL level in those 106 contests, and hasn’t even dominated the minor leagues in his sporadic time there. Some consistency and playing time may help him turn a corner, but there is still a long way to go before he’s a real impact player for the Sabres.

Linus Ullmark, Buffalo Sabres Exchange Arbitration Figures

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Linus Ullmark has an arbitration hearing scheduled for Friday and the figures have been submitted from both sides. Elliotte Friedman of Sportsnet reports that Ullmark has filed for $2.65MM while the Buffalo Sabres only submitted an $800K salary. That’s quite the gap, though it is important to remember that the two sides can still negotiate a new contract up until the hearing (and for a short period afterwards). Unlike other sports, arbitration also does not pick one filing or the other but will determine some sort of middle ground for Ullmark’s next deal.

The 26-year old goaltender was given a chance to establish himself as the top option last season, but still wasn’t able to really take advantage of the opportunity. In 37 games for the Sabres he recorded just a .905 save percentage and 15-14-5 record. A huge part of that is the way the team played down the stretch, losing their early season momentum completely and falling further and further into the familiar territory near the bottom of the Atlantic Division standings. But there were too many nights that Ullmark just wasn’t the kind of difference-making goaltender that he has projected as for the last several years.

Originally selected by the Sabres in the sixth round of the 2012 draft, the 6’4″ Ullmark made a name for himself in Sweden before coming over to North America. In his first professional season on this side of the ocean he ended up having to play in 20 games for the Sabres when they dealt with injury. In those games he showed incredible promise, posting a .913 save percentage. He wouldn’t get that kind of NHL opportunity again until last season.

He will almost certainly not receive anything above $2MM on the arbitration decision, but even a $1.5MM salary would complicate things for the Sabres. The team has two other arbitration hearings on the books for Jake McCabe and Remi Elie but already project to have just $3.1MM in cap space. While there is room to be made in training camp by waiving some of the players who won’t play big roles in the NHL, the Sabres will be spending up to the cap this season and so far have nothing to show for it. After committing $80MM to Jack Eichel in 2017 and $72MM to Jeff Skinner just last month, the team absolutely must start competing for a playoff spot in the Eastern Conference. Ullmark could be a huge key to that if he’s given the chance to become the starter, something that Carter Hutton will certainly have something to say about.

Will Butcher Avoids Arbitration

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With the date of an arbitration hearing fast approaching the New Jersey Devils and Will Butcher have settled on a new contract. Butcher has signed a three-year deal with an average annual value of $3.73MM, making his scheduled hearing on Friday no longer necessary. The contract buys out the final three restricted free agent seasons for Butcher, leaving him an unrestricted free agent in the summer of 2022. The full salary breakdown is as follows:

  • 2019-20: $3.5MM
  • 2020-21: $3.6MM
  • 2021-22: $4.1MM

Butcher, 24, has had an outstanding start to his professional career since signing with the Devils in 2017. After failing to reach an agreement with the Colorado Avalanche following his four-year career at the University of Denver, Butcher instead ended up in New Jersey where there was a more obvious need for a puck-moving defenseman and powerplay specialist. The relatively undersized Butcher ended up scoring 44 points in his rookie season but found himself in an outstanding Calder Trophy class and finished ninth—Mathew Barzal would take the award nearly unanimously after his 85-point rookie performance.

Butcher’s offensive numbers dropped in year two, but his role on the Devils increased and he was given more responsibility at even-strength. Playing a little over 19 minutes a night, he continued to drive play and possession with his skating ability. Always looking for a way to get the puck out of his zone with control, the Devils generate a ton of scoring opportunities when Butcher is on the ice. There are still some questions to be answered in the defensive end, but the team obviously believes the trade off is still one that results in their favor.

For under $4MM, the Devils have locked up one of the league’s most efficient offensive defensemen in his prime. Though they likely would have rather bought out a few UFA seasons, this contract gives them a chance to sink money into other parts of the roster. Butcher for instance has registered the same amount of points over the last two years as Jacob Trouba, who just received a $56MM contract from the New York Rangers. While comparing the two players directly may be a little unfair, there’s good reason to believe that Butcher’s deal can provide quite a bit more excess value over the next three years.

Part of the equation there however is how he will be used moving forward. The Devils just acquired another potential powerplay quarterback in P.K. Subban, who may steal away some time prime minutes with the man advantage. That kind of a player may also lift up Butcher even further at even-strength however, if the team decides to pair them together at any point. In all, the Devils blue line is looking quite strong with other names like Sami Vatanen and Damon Severson logging big minutes.

Photo courtesy of USA Today Sports Images

Calgary Flames Re-Sign David Rittich

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After a hot start to salary arbitration season with three hearings, things have cooled off of late with a slew of contract resolutions. Add another to the list, as the Calgary Flames and goaltender David Rittich have come to terms on an extension. The team announced that the 26-year-old net minder has signed on for two years at an AAV of $2.75MM. Rittich will be an unrestricted free agent when the deal expires after the 2020-21 season.

The Flames now have their 1A goalie back under contract, as Rittich outplayed veteran Mike Smith last season, earning 42 starts to Smith’s 40. Rittich posted career-high numbers in his second season as a Calgary regular, recording a .911 save percentage and 2.61 GAA. Not only were these numbers a personal best and substantially better than Smith’s, they were also top-20 marks among goalies with appearances in at least half of their team’s games, showing that Rittich could hold his own as the Flames’ top option. Given his age and level of play, albeit in limited appearances, it still seems like Calgary got a good value on this $5.5MM pact.

Still just 26 and without a lot of tread on the tires as timeshare goalie in the Czech pro ranks for many years, Rittich has the potential to continue improving as well. He will certainly be pushed in the upcoming season, as Smith has been replaced by the younger and arguably more talented Cam Talbot. Talbot signed a one-year deal this off-season with a $2.75 AAV that matches Rittich’s. The salaries would suggest an even split in net, but the incumbent Rittich has the advantage in familiarity and longer-term investment and should get the preference early on. If he can again prove that he is the superior option to a respected veteran, Rittich could see even more appearances in 2019-20 than he did last year, and perhaps another career performance as well.

The Rittich deal, although more than fair, does add more pressure to the Flames’ salary cap conundrum. CapFriendly currently projects the team to have $4.67MM in cap space. With Matthew Tkachuk still unsigned, as well as Andrew Mangiapane, that simply won’t be enough. Since Rittich had filed for arbitration, the Flames’ second case after their recent resolution with Sam Bennett, the team will be afforded a second buyout window, a 48-hour opportunity to rid themselves of a large contract that could help them sort out their financials. However, there is no obvious candidate for such a move and the team could instead continue shopping defensemen Travis Hamonic and T.J. Brodie and forward Michael Frolik in hopes of opening up more space.

Capitals Re-Sign Chandler Stephenson

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7/27: Washington has confirmed the terms of the contract, highlighting his strong play in the postseason this year in their press release. This could be to build up excitement for a player the team feels still has room to grow into a regular contributor or, as some have speculated, could be a sales tactic for a player who may be on the chopping block for the cap-strapped Capitals.

7/26: The Capitals have avoided salary arbitration with winger Chandler Stephenson.  CapFriendly reports that Washington has signed him to a one-year, $1.05MM contract.  He was previously scheduled to go for his hearing on August 1st.

The 25-year-old was once again in Washington’s rotation of fourth line players last season.  He played in 64 games, recording five goals and six assists while averaging 12:07 per night.  Stephenson was a fixture on their penalty kill when he was in the lineup, logging 1:46 per game, good for the fourth-most among Capital forwards.  He also suited up in six of their seven postseason contests where he was held off the scoresheet.

With the Caps losing a bit of depth over the summer, Stephenson should have a chance to compete for a full-time roster spot in training camp which would go a long way towards boosting his value for next summer where he will once again be a restricted free agent with salary arbitration rights.

Washington now has some work to do when it comes to the salary cap.  They presently sit roughly $1.3MM over the Upper Limit (per CapFriendly) though they could cut into that deficit by carrying a roster size less than the maximum of 23.  As Stephenson was their final arbitration case, they’ll have a 48-hour buyout window open up on Monday although with the minimum salary requirement for a buyout being $3.45MM, it’s quite unlikely that they’ll be going that route.  Instead, GM Brian MacLellan will likely look to try to make a small trade to free up some cap room over the next couple of months.

Rangers Re-Sign Pavel Buchnevich

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With an arbitration hearing quickly approaching, the Rangers announced (Twitter link) that they have re-signed winger Pavel Buchnevich.  Larry Brooks of the New York Post reports (via Twitter) that it’s a two-year deal with a cap hit of $3.25MM per season.

The 24-year-old set a new career-high in goals last season with 21 despite missing considerable time due to injuries, including a thumb issue that caused him to miss 13 contests.  That certainly would have helped his cause had his case gone to arbitration on Monday as originally scheduled.  He also has been relatively productive as a secondary scorer the last couple of seasons, posting 43 points in 2017-18 and 38 last season.

With the team adding Artemi Panarin in free agency while adding Kaapo Kakko with the second pick in last month’s draft, the competition for a top-six spot on the wing is going to be tough in training camp.  It wouldn’t be surprising to see Buchnevich drop down a line which could make it difficult to surpass his numbers over the past two years.

While getting this done was certainly critical for GM Jeff Gorton, it now brings their salary cap situation even more to the forefront.  The team now has upwards of $85MM in commitments for next season (and still has to re-sign defenseman Anthony DeAngelo and winger Brendan Lemieux).  In other words, they’re well over the $81.5MM Upper Limit.

As this was New York’s final arbitration case, the clock is now set for their second buyout window.  It will open up on Monday afternoon and last 48 hours.  Defensemen Brendan Smith and Kevin Shattenkirk have been speculative buyout candidates going back to the initial window in June but at the time, Gorton opted to not pull the trigger on a buyout at that time.  Since then, the team signed Panarin to a deal that makes him the highest-paid winger (in terms of AAV) in league history while inking defenseman Jacob Trouba to a deal worth $8MM per season.  Their financial situation has certainly changed in a hurry.

There is some risk in buying one of those players out though.  While they’d free up some space for next season, the front-loaded nature of their deals means that their 2020-21 cap hit would still be substantial.

Accordingly, they may be better off looking to trade their way out of trouble.  Wingers Vladislav Namestnikov and Chris Kreider, players that are both a year away from UFA eligibility, have been in trade speculation lately as has Buchnevich himself.  This contract, one that will see him remain a restricted free agent two years from now, certainly won’t hurt his trade value if Gorton looks to go that route.

For the past few weeks, the Rangers were believed to have some time to settle their cap issues.  With their final opportunity to use a buyout to free up some room expiring on Wednesday, the clock is ticking quickly.  They’ll be a team to watch for over the coming days.

Photo courtesy of USA Today Sports Images.

Arbitration Notes: Departures, Capitals, Sabres

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It’s no secret that salary arbitration is not a friendly process. If a player does make it all the way through the hearing, that means that they’ve sat through a presentation by their own team about just how bad they are compared to other similar players. While teams and players often use the threat of the unknown of an arbitrator’s decision to move contract talks along, the potential unpleasantness of a hearing is also plenty of motivation to come to terms. Case in point: Colorado’s Sheldon Dries, who today settled on a one-year, two-way contract worth $735K. Dries’ contract comes in just $35K above the absolute worst possible outcome in an arbitration hearing, yet he opted not to argue his case in hopes of a better outcome. Why? Likely to avoid the breakdown in a relationship between he and the Avalanche if the hearing got ugly. It’s more common than it may seem – The Athletic’s Craig Custance crunched the numbers and found that the vast majority of players who go through an arbitration hearing end up leaving that team, one way or another.

Over the past ten years, 27 players have gone into a hearing. Not all of those players required an arbitrator’s award, but any resulting settlements still came after the unfortunate back-and-forth. Of those 27 players, Custance found that 14 were on new teams within a year and 21 were on new teams within three years. All of last summer’s cases – Winnipeg’s Jacob Trouba, Ottawa’s Cody Ceci, Calgary’s Brett Kulak, and Dallas’ Gemel Smith – are on new teams now. In fact, of the 27 players who have reached a hearing since 2009, no player before 2015 remains on the team that the faced off with and only four players since still remain on good terms with their club: Nashville’s Craig Smith and Viktor Arvidsson, Washington’s Braden Holtby, and Vegas’ Nate Schmidt. This all goes to show that arbitration can be a dangerous method of negotiating for teams, even if the goal is to settle before an arbitrator’s decision. The numbers convincingly imply that an arbitration hearing is the death knell for a player’s relationship with his team. As far as this off-season goes, this analysis doesn’t bode well for Andrew Copp and the Jets, Christian Djoos and the Capitals, and Evan Rodrigues and the Sabres, all of whom not only went to hearings already this summer, but whose awards all favored the team more so than the player. With ten potential cases still to go, there could be even more players who one day look back at this off-season as the beginning of the end.

  • The Capitals may very well end up back in front of an arbitrator before long, with a case against forward Chandler Stephenson scheduled for August 1st. Although the decision in the Djoos case – a $1.25MM award against a $1.35MM midpoint – favored the team, it still puts them in a difficult situation regarding the salary cap and eliminates some hope that a resolution with Stephenson could come prior to a hearing. Washington is currently more than $300K over the salary cap ceiling after signing Djoos. While young defenseman Jonas Siegenthaler can be returned to the AHL without the threat of waivers for a $714K drop to get under the cap, it would leave the Capitals with just six defensemen. All of Washington’s 14 NHL forwards, including Stephenson, would be subject to waivers, although the team would likely want to carry that many forwards anyway. It’s a difficult conundrum not made any easier by the unknown of Stephenson’s contract either. The 25-year-old forward recorded 18 points in 67 games in 2017-18 and another 11 points in 62 games this past season. He will likely seek a salary of $1MM or more, a number that Washington simply cannot palate. Asked who the team would choose if faced with a choice between trading away Djoos or Stephenson to open up cap space and roster flexibility, NBC Sports’ J.J. Regan did not hesitate to say that Stephenson would be the one dealt. Defense is in short supply for the Capitals and Djoos is a proven starter. Stephenson on the other hand would be an expendable piece in a deep forward corps. It may not matter though, as moving Stephenson alone is unlikely to be a sufficient answer to Washington’s cap troubles.
  • If you think the Capitals having two cases is bad, wait until you hear about the Sabres. Like Washington, Buffalo has already been through one hearing this summer with forward Evan Rodrigues, landing a $2MM award against a $2.075MM midpoint. It was somewhat of a surprising decision and may have given GM Jason Botterill and company some confidence moving forward. That could wind up being a problem for all parties involved, as three of the remaining ten scheduled cases are also Sabres players: forward Remi Elie, goalie Linus Ullmark, and defenseman Jake McCabe. If Buffalo goes to hearing with even one more of these players, never mind all three, it could be a bad look for the organization and could cause a breakdown in numerous player relationships. However, if the team continues to win their arbitration battles, it would be a major help this season, as the team has just over $3MM in cap space left to sign the trio. It’s a long-term risk for a short-term gain for the Sabres.

Evan Rodrigues Receives Arbitration Award

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Another player has received an arbitration award, as Evan Rodrigues signs a one-year, $2MM contract with the Buffalo Sabres. Rodrigues had filed for a $2.65MM salary while the Sabres filed for just $1.5MM. The Sabres still have hearings scheduled with Remi Elie and Linus Ullmark for early next month.

Rodrigues, 25, is coming off his first full season in the NHL and recorded 29 points last season in 74 games. A former teammate of Jack Eichel at Boston University, Rodrigues was an undrafted free agent when he decided to sign with the Sabres in 2015. After showing he could hang at the NHL level in the 2017-18 season, he has now established himself as a full-time roster option for them moving forward.

No, the 5’10” center is not going to be mistaken for a star offensive player anytime soon, but giving the Sabres strong minutes down the middle is still valuable. Rodrigues has been moved around the lineup through his young career and also contributed last season on the powerplay and penalty kill, giving him a huge amount of versatility as they try to build the roster up. With new additions like Marcus Johansson and Jimmy Vesey figuring into the top-six it’s unlikely that Rodrigues will find a ton of minutes in that group, but he may have the most upside in that next group including players like Johan Larsson and Zemgus Girgensons.

The real test for Buffalo this season will be trying to get enough production out of that bottom-six to really compete, something that is far from decided at this point. The team obviously has some elite talent at the top of the lineup with Eichel, Sam Reinhart and Jeff Skinner, but will need more competitiveness on a nightly basis from the rest. New head coach Ralph Krueger is certainly known for his ability to motivate players, something that the Sabres will hopefully experience this year as they try to compete for a playoff spot in the difficult Atlantic Division.

Sheldon Dries Re-Signs With Colorado Avalanche

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The Colorado Avalanche have avoided arbitration with Sheldon Dries, signing the forward to a one-year contract. Dries was scheduled for a hearing on August 4th, but obviously won’t need that now. Dries was the only arbitration case left on the books for the Avalanche. According to Mike Chambers of the Denver Post, the deal is a two-way contract worth $735K at the NHL level.

Dries, 25, was an undrafted free agent coming out of Western Michigan University in 2017 and latched on with the Texas Stars on an AHL contract. That season he impressed the entire hockey world by scoring ten goals in the Calder Cup playoffs, helping the Stars reach the finals (which they would ultimately lose). He earned himself a one-year entry-level deal with the Avalanche and a chance to suit up for 40 games in the NHL during the 2018-19 season. Though he had just six points during those games, he established himself as a legitimate depth option that was deserving of another deal.

Whether Dries will see any more time in the NHL this season is still unclear. The Avalanche have improved their forward group tremendously with additions like Nazem Kadri, Joonas Donskoi and Andre Burakovsky, not leaving a lot of room for players like Dries to compete. Still he could very easily see some games as an injury replacement, especially given he is waiver-exempt and can be moved up and down without an issue.

MacKenzie Weegar Settles Prior To Arbitration

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Thursday: The team only just officially announced the deal, though obviously it was agreed to earlier this week since it is not an arbitration award.

Monday: The Florida Panthers and MacKenzie Weegar won’t need their arbitration hearing after all. CapFriendly reports that the two sides have agreed to a one-year contract worth $1.6MM. Two other arbitration cases are on the books for today, though they could also be settled at any point before a decision is awarded.

Weegar, 25, has been basically a full-time member of the Panthers the last two seasons suiting up for 124 games since the start of 2017-18. In that time he has recorded 23 points and solid enough possession numbers, though he is still sheltered and receives fewer than 16 minutes of ice time each night. That number could very well go down in 2019-20, as the team brought in veteran defenseman Anton Stralman to take over a ton of minutes on the right side. Stralman is carrying a $5.5MM cap hit in each of the next three years.

There will also be plenty of competition for the bottom pairing in Florida, as players like Mark Pysyk, Josh Brown and Ian McCoshen (still unsigned) battle for playing time. The Panthers have sunk a ton of money into the team this offseason to make it competitive under new head coach Joel Quenneville, meaning Weegar will need to play even better to get on the ice.

A one-year contract will leave the young defenseman a restricted free agent again next summer, when he will be arbitration eligible once again.

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