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Salary Cap Deep Dive: Vegas Golden Knights

December 1, 2023 at 7:58 pm CDT | by Brian La Rose 5 Comments

Navigating the salary cap is one of the more important tasks for any GM.  Teams that can avoid total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful.  Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation for the 2023-24 season.  This will focus more on players who are regulars on the roster versus those who may find themselves shuttling between the AHL and NHL.  All cap figures are courtesy of CapFriendly.

Vegas Golden Knights

Current Cap Hit: $89,210,531 (over the $83.5MM Upper Limit)

Entry-Level Contracts

D Kaedan Korczak (one year, $789.1K)

Potential Bonuses
Korczak: $82.5K

Korczak has bounced back and forth between Vegas and AHL Henderson this season and that will likely continue.  He’s someone who could be a candidate for taking less than his qualifying offer in exchange for a one-way salary.  Meanwhile, his bonuses are games played-based and while it’s unlikely he’ll top out, he should reach at least some of that amount which, thanks to them being in LTIR, will result in a bonus carryover penalty for next season.

Signed Through 2023-24, Non-Entry-Level

F Michael Amadio ($762.5K, UFA)
F William Carrier ($1.4MM, UFA)
F Pavel Dorofeyev ($825K, RFA)
D Ben Hutton ($850K, UFA)
F Jonathan Marchessault ($5MM, UFA)
D Alec Martinez ($5.25MM, UFA)
D Daniil Miromanov ($762.5K, RFA)
F Chandler Stephenson ($2.75MM, UFA)

Marchessault had a strong showing last year with 57 points and followed that up with a Smythe-winning performance to help Vegas win the Stanley Cup.  Accordingly, some expected that he’d be a strong candidate for an early extension but the veteran acknowledged that there weren’t talks in the summer as GM Kelly McCrimmon tends to wait before handing out new deals.  That hesitation might be wise on the part of the Golden Knights as the 32-year-old is off to a slower start.  He’s still in line to get a multi-year deal but it might wind up coming closer to this AAV in the end whereas in the summer, he likely could have pushed for $6MM or more on a long-term agreement.

Stephenson has been one of the better bargains around the NHL in recent years; his trade from Washington certainly sparked his offense, making him a quality two-way center.  He’s also off to a quieter start this season but his recent track record will be good enough for some teams to view him as a second-line fit.  Accordingly, he should reach (or even surpass) the $5MM mark on the open market.  Carrier, one of the few remaining original expansion picks, hasn’t really moved up the depth chart over his now seven seasons in Vegas but remains an every-game fourth liner that brings plenty of physicality.  The open market isn’t always great for players in that role but after his good playoff showing, he could be one of the exceptions and push for closer to $2MM.

Dorofeyev is in his first full season with Vegas although a good chunk of that has been in a reserve role.  While he’s arbitration-eligible next summer, he also doesn’t have enough of an NHL track record to command much more than his $866K qualifying offer.  As for Amadio, he has become one of the better recent waiver claims around the league, going from a fringe player to a full-time bottom-six piece who has produced at a pretty good rate after notching 16 goals last season.  If he stays on the pace he’s on now for this year, he could easily double this AAV on the open market.

At the time Martinez’s deal was signed, the belief was that the final season could be a bit of a drag for the Golden Knights.  Unfortunately, injuries struck in the first year and since then, his minutes have been closer to the 19-minute mark compared to the 21 or 22 minutes he has been at in the past.  Effectively, he has gone from being a number two blueliner to a fourth option.  Given his age (36), that’s not entirely surprising.  His next deal, if there is one, is likely to be a one-year agreement closer to half this price point and could also contain some games played incentives.

Hutton is a serviceable seventh defender who can hold his own on the third pairing when needed.  It’s hard to see him commanding much more than this on the open market while the Golden Knights need to keep this roster spot as close to the league minimum as possible.  Miromanov lands on here due to his LTIR presence as he has yet to play this season.  When healthy, he’ll likely return to AHL Henderson and is another candidate to sign for less than his qualifier in exchange for a one-way deal in the summer.

Signed Through 2024-25

D Nicolas Hague ($2.294MM, RFA)
G Adin Hill ($4.9MM, UFA)
F Brett Howden ($1.9MM, UFA)
F Keegan Kolesar ($1.4MM, UFA)
G Robin Lehner ($5MM, UFA)
D Brayden McNabb ($2.85MM, UFA)
D Brayden Pachal ($775K, RFA)
D Shea Theodore ($5.2MM, UFA)
G Logan Thompson ($766.7K, UFA)

Howden wound up accepting what amounts to a third bridge deal over the summer, settling after filing for arbitration.  His production dropped last season and is at a similar clip this year although he plays an important role on the defensive side of things.  That said, unless his offense comes around, he’ll be in tough to get much more than this in free agency, even as a 27-year-old at that time.  Kolesar is in a similar situation as Carrier, just without quite as long of a track record.  He’s a true fourth liner which limits his earnings upside but some team is going to look at him playing a regular role in the playoffs last year and use that to justify an above-market offer that could also push him into the $2MM range.

Theodore showed plenty of promise but was a little inconsistent early in his time with the Golden Knights, understandable given his age at the time.  That has changed now as he has become an all-around all-situations player who can log big minutes on the top pairing.  His offensive game has blossomed to the point where he could make a case for number one money if he gets to the open market.  Not to the top-end level, mind you, but a long-term deal in the $9MM range could be doable.  It might be tough for Vegas to match that price point, however, so if he wants to stay with them, Theodore might have to leave a bit of money on the table to do so.

McNabb has turned into a reliable second-pairing shutdown defender over his tenure with Vegas.  He’s being paid at the level of a higher-end depth piece so this contract has certainly worked in their favor.  The offense is limited which hurts to an extent but we’ve seen shutdown blueliners go well past $4MM in recent years.  It seems reasonable to think McNabb will land there as well.

Hague was basically limited to a bridge deal in 2022 with Vegas not having enough cap room to entertain a longer-term agreement.  However, his play has largely leveled out since then, slotting in as a fourth or fifth defender most nights.  This is still a good value contract but perhaps a long-term next summer might cost less than it could have if Vegas had the ability to offer one last time out.  He’ll be owed a $2.7MM qualifier and should land more than that with arbitration rights but his cap might be in the $4MM range if he stays at this level.  Pachal is waiver-eligible this season which has helped keep him on the NHL roster.  He’s in a depth role at the moment and until he can lock down a full-time spot on the third pairing, it’s hard to see him getting much more than this even with arbitration rights.

Lehner missed all of last season after undergoing hip surgery and remains on LTIR now.  At this point, it’s reasonable to suggest that he might be on there for all of next season as well, especially based on what they did with Hill this summer.

Speaking of Hill, he certainly benefitted from his strong playoff performance, earning a deal that few would have seen coming just a few months earlier.  It’s a deal they could afford thanks to Lehner’s LTIR.  So far, he has been even better this season.  It’s early but if he can maintain that level, he could push closer to the $6MM range on a long-term agreement.  If he goes back to his level of play before his time in Vegas, he’s still on the upper end for platoon players so he could still come close to this contract.

As for Thompson, his first full season was quite good, earning an All-Star nod while finishing second on the All-Rookie team.  Hill’s playoff run largely took away from that but Thompson remains an above-average NHL netminder with a cap hit below the league minimum, making him one of the top bargain deals in the league (and one I missed in a recent mailbag when discussing value deals).  Even if he stays in a platoon through the end of this contract, he could also push past the $4MM mark, especially if multiple teams see him as a true starter.  If that happens, $5MM or more becomes doable.

Signed Through 2025-26

F Paul Cotter ($775K, RFA)
F Jack Eichel ($10MM, UFA)

Vegas landed their long-coveted top center when they acquired Eichel and while no one can say that his contract is well below market value, they’re getting a decent return value-wise.  Last season, he was close to a point-per-game player and is near that mark again this year.  Accordingly, given the demand for centers, if he was on the open market today, he’d get pretty close to this, perhaps even a bit more.  He’ll be 30 when he hits free agency and while there could be a cheaper year or two at the end on a max-term agreement, a small raise could still be doable.  Cotter has become a quality fourth liner who can move up in a pinch.  Three years for that at the minimum is a nice piece of business.  If he can stay as a regular throughout the deal, he could have a shot at doubling this in free agency.

Read more

Signed Through 2026-27 Or Longer

F Ivan Barbashev ($5MM through 2027-28)
F William Karlsson ($5.9MM through 2026-27)
D Alex Pietrangelo ($8.8MM through 2026-27)
F Nicolas Roy ($3MM through 2026-27)
F Mark Stone ($9.5MM through 2026-27)
D Zach Whitecloud ($2.75MM through 2027-28)

When healthy, Stone is still a legitimate top-line winger and one of the top two-way forwards in the NHL.  The problem is that he has struggled to stay healthy with lingering back trouble.  Things seem to be better on that front now but if those issues return, this could be an anchor contract (unless he lands on LTIR long-term).  Karlsson has seen some of his offensive minutes dry up with the Eichel acquisition but he remains a capable second center and is off to a great start this season.  That said, he’ll be 34 when this deal is up and his market value could be much different at that time.

Barbashev also turned a strong playoff run into a nice raise and some job security.  After being in more of a depth role with St. Louis last season, he spent some time on the top line down the stretch and in the playoffs and ultimately decided not to test the market.  It’s possible he left a bit on the table in doing so but it was a justifiable more nonetheless.  Roy is hard-pressed to move into a full-time top-six spot with the center depth they currently have but he’s an above-average third-line option who can move up when injuries arise.  Players like him generally have a fair bit of free agent interest so it’s fair to suggest he’d have gotten more than this had he played his way to free agency which would have been this coming summer.

Pietrangelo surprised many by leaving St. Louis to go to Vegas in free agency but the move has certainly worked out for both sides.  He continues to be a consistent top-pairing defender whose offense isn’t quite good enough to get him into that truly elite territory which helped keep the AAV below the $10MM mark when this deal was signed back in 2020.  They should get good value on this contract for a while yet.  Whitecloud’s contract is a longer-term gamble.  While he’s a third-pairing player now, they’re banking on him becoming a top-four piece in time.  If that happens, they’ll do quite well with this deal but if he stays around this level, it will be an above-market contract although not an extreme overpayment.

Buyouts

None

Retained Salary Transactions

None

Best Value: Thompson
Worst Value: Martinez

Looking Ahead

With Vegas being deep into LTIR, cap space is quite limited for them this season.  They have enough flexibility to carry a full-sized roster which is a luxury they haven’t had lately.  Closer to the trade deadline, if the team is healthy, they could try to combine a couple of lower-cost salary slots into an upgrade but it would still likely be a smaller move.

We’re not going to be seeing Vegas have plenty of cap room anytime soon but they’re not in bad shape moving forward.  There aren’t many true long-term contracts on their books and over the next couple of years, there are pricey expirings that could be replaced with cheaper options, affording them a chance to keep some of their other players in line for a raise.  For a team that has had cap troubles a lot lately, their books now are a lot cleaner than they were.

Photos courtesy of USA Today Sports Images.

Pro Hockey Rumors Originals| Salary Cap Deep Dive 2023| Vegas Golden Knights

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Metropolitan Notes: Chinakhov, Haula, Kuefler

December 1, 2023 at 6:56 pm CDT | by Brian La Rose Leave a Comment

Earlier this week, the agent for Blue Jackets forward Yegor Chinakhov indicated that his client was unhappy with his role and while the youngster hadn’t asked for a trade, he’d like to be moved.  Speaking with reporters today including Brian Hedger of the Columbus Post-Dispatch, the 22-year-old tried to pour cold water on that notion to an extent.  He stated his affinity for the team and market but that he simply just wants to play.  Chinakhov started the season on IR and then was sent to the AHL briefly before being recalled early last month.  Since then, he has been a regular most nights but is playing under 14 minutes per game, lately spending time on the fourth line even but has five points in 13 games.  Clearly, the 2020 first-round pick is looking to have a bigger role; he will once again be a restricted free agent in the summer but will have arbitration rights at that time for the first time.

More from the Metropolitan:

  • While the Devils didn’t get center Erik Haula back in their lineup tonight against San Jose, he might not be out much longer. Ryan Novozinsky of The Star-Ledger notes that the veteran will accompany the team on their upcoming four-game road trip.  The 32-year-old suffered a lower-body injury last week against Buffalo.  Haula is coming off back-to-back 40-plus-point seasons and has produced at a better pace than that this season with a dozen points in 18 games.
  • The Islanders have activated winger Daylan Kuefler off season-opening IR and assigned him to AHL Bridgeport, CapFriendly reports (Twitter link). The 21-year-old is in his first professional season but wasn’t able to participate in training camp after suffering an injury in the WHL playoffs back in the spring.  Last season, Kuefler had 61 points in 54 games with Kamloops while adding seven more in 13 playoff contests and four more in as many Memorial Cup appearances.

Columbus Blue Jackets| New Jersey Devils| New York Islanders Daylan Kuefler| Erik Haula| Yegor Chinakhov

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West Notes: Byfield, McBain, Flames, Hertl, Suter

November 27, 2023 at 8:59 pm CDT | by Brian La Rose 1 Comment

Kings forward Quinton Byfield has been one of the top breakout performers of the early season, notching 16 points in his first 19 games, just six points shy of his career-high already.  The timing is certainly good on his part as the 21-year-old is in the final year of his entry-level contract this season.  However, despite the hot start, David Pagnotta of The Fourth Period reports that there have been no discussions about a possible contract extension just yet.  At this point, it might make sense for both sides to wait it out for a while yet to see if Byfield is able to sustain this type of production over a larger sample size since that would greatly influence any negotiations.  With the number of big contracts Los Angeles has on the books, a bridge agreement might be the eventual outcome for Byfield’s next deal.

More from the Western Conference:

  • It will be a while yet before the Coyotes get Jack McBain back in their lineup. PHNX Sports’ Craig Morgan reports (Twitter link) that the center is still several weeks away from returning from his lower-body injury that has kept him out for a couple of weeks already. The 23-year-old was off to a nice start to his season before the injury, collecting three goals and four assists in 13 games while chipping in with 33 hits.
  • The Flames announced (Twitter link) that goaltender Jacob Markstrom will miss tonight’s game with the flu. However, as it was too late to recall a goalie from the minors (past the 5 PM local time deadline), the team has signed Dustin Nickel to an ATO agreement to serve as the emergency backup to Daniel Vladar tonight.  Nickel spent four years at Mount Royal University, wrapping up that part of his career following the 2015-16 season.
  • Sharks center Tomas Hertl will miss tonight’s game due to what’s being termed a mid-body injury, relays Max Miller of The Hockey News. While many of San Jose’s players have struggled mightily this season, the 30-year-old has put up reasonable numbers, notching four goals and a dozen assists through 20 games.  His injury paves the way for the recently-signed Justin Bailey to make his San Jose debut.
  • Canucks head coach Rick Tocchet provided an update to reporters including Sportsnet 650’s Brendan Batchelor (Twitter link) that center Pius Suter is dealing with a lower-body injury that is taking longer to recover from than originally expected. He had a setback a week ago and has yet to resume skating.  Suter, who has four goals in 15 games this season, was placed on IR last week.

Calgary Flames| Los Angeles Kings| San Jose Sharks| Utah Mammoth| Vancouver Canucks Jack McBain| Jacob Markstrom| Pius Suter| Quinton Byfield| Tomas Hertl

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Minor Transactions: 11/27/23

November 27, 2023 at 8:25 pm CDT | by Brian La Rose Leave a Comment

While the trade market is fairly light in the NHL, activity has started to pick up elsewhere.  A couple of swaps highlight this list of minor transactions.

  • Pittsburgh’s AHL affiliate announced the acquisitions of center Peter Abbandonato and defenseman Owen Headrick from Chicago for future considerations. Abbandonato had 46 points with Laval last season but has been limited to just two in a dozen appearances this year.  Headrick, meanwhile, had 54 points in 61 ECHL contests last season and played in five games this season with the Wolves.  With Carolina recently loaning some players to Chicago, the Wolves had a bit of a roster crunch which this move helps to alleviate.
  • Canadiens prospect Dmitri Kostenko is on the move in the VHL as the league announced that the blueliner has been moved to Yugra for cash considerations. The 21-year-old was a third-round pick back in 2021 (87th overall) and spent last season with KHL Kunlun but dropped down to the lower level this season.  Montreal holds his NHL rights indefinitely as there is no transfer agreement between the NHL and the Russian Federation.
  • Former NHL blueliner Alexey Marchenko has found a place to play this season as he has joined Ak Bars Kazan on a one-year deal, per a team release. The 31-year-old played in 121 games over parts of four seasons in the NHL between Detroit and Toronto where he had 21 points.  This will be his third different team since returning to Russia for the 2017-18 season.
  • The Ducks have reassigned forward Jaxsen Wiebe from AHL San Diego to ECHL Tulsa, per a team release. The 21-year-old signed an entry-level deal with Anaheim back in March but is off to a bit of a slow start in his professional career, notching just one assist through his first seven games.

Anaheim Ducks| ECHL| Montreal Canadiens| Transactions Alexey Marchenko| Jaxsen Wiebe| Peter Abbandonato

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Jets Assign Dominic Toninato To AHL

November 27, 2023 at 7:12 pm CDT | by Brian La Rose Leave a Comment

Earlier this month, the Jets recalled Dominic Toninato from AHL Manitoba under emergency conditions and then converted him to a regular recall one day later.  His time with Winnipeg is up at least for now as the team announced (Twitter link) that the center has been sent back down to the Moose.

The 29-year-old has played in five games with the Moose this season and has been productive in those contests, collecting four points.  Toninato produced at a similar rate in Manitoba last year with 19 goals and 16 helpers in 50 contests, helping him earn a two-year contract this offseason which featured a $400K guaranteed salary in each one.

Toninato is in his fourth season with Winnipeg, suiting up in 84 games for them.  He also had stints with Colorado and Florida; all told, he has played in 169 NHL contests, collecting 12 goals and 18 assists.

The veteran has been up for two fairly long stretches with the Jets without seeing any NHL action.  Between being up for 19 days on his October recall and eight more (on regular recall) this time around, Toninato was getting close to the 30-day threshold which would have necessitated him being placed on waivers to go back down.  That clock is now on hold again, at least for the time being.

AHL| Transactions| Winnipeg Jets Dominic Toninato

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Kraken Recall Andrew Poturalski

November 27, 2023 at 6:38 pm CDT | by Brian La Rose 1 Comment

Kraken center Andrew Poturalski didn’t get a chance to play in his first recall of the season but he’ll get another opportunity to play with the big club as the team announced (Twitter link) that they’ve recalled him from AHL Coachella Valley.

The 29-year-old was brought up earlier this month for a week and a half but spent that time as Seattle’s reserve forward.  He was sent back down to the Firebirds last week to get in some game action and suited up for his first contest in nearly two weeks on Saturday.

Poturalski is in his second year in the Kraken’s organization after signing with them as a free agent in the 2022 offseason.  He has been quite productive at the AHL level throughout his career including a 101-point campaign in 2021-22 but it hasn’t yielded many opportunities as he has just four career NHL appearances under his belt where he has two assists.

For now, at least, Poturalski will likely resume the reserve role as Seattle has a dozen other healthy forwards on its active roster but should someone need a night off, he might get a chance to make his first NHL appearance since 2021.

AHL| Seattle Kraken| Transactions Andrew Poturalski

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Five Key Stories: 11/20/23 – 11/26/23

November 26, 2023 at 8:59 pm CDT | by Brian La Rose Leave a Comment

The final full week of November is in the books and it was a stretch that was dominated by injury news.  We recap the biggest headlines in our key stories.

Back On The Market: Jaroslav Halak’s time with the Hurricanes came to a quick conclusion with the veteran requesting and being granted his release from his PTO agreement.  The 38-year-old was brought in a couple of weeks ago when Frederik Andersen was diagnosed with blood clots with the hope that he’d give Carolina some extra depth between the pipes.  However, the team wasn’t prepared to offer him a contract at this point, likely prompting Halak to try to move on.  Halak has done quite well for someone picked in the ninth round, putting together a 17-year NHL career so far.  He’ll have to wait a little longer at least before he has a shot at making it 18.

Done For The Year: When the Blackhawks picked up Taylor Hall over the summer, the hope was that he’d be a capable top-six scorer to give top prospect Connor Bedard some support.  Unfortunately, things haven’t gone as planned.  Hall has dealt with multiple injuries already this year and his latest one, a torn ACL, will end his season prematurely as he’ll undergo surgery on Monday.  Hall’s year comes to an end with just two goals and two assists in ten games, hardly the start to his time in Chicago anyone was hoping for.  He has one year left on his contract after this one with a $6MM AAV.

Perry Gone Indefinitely: Still with Chicago, midway through the week, Corey Perry was a surprise scratch with head coach Luke Richardson calling it an organizational decision.  Saturday, GM Kyle Davidson stated that the veteran would be gone for the “foreseeable future” while declining to provide further details or comment on any speculation.  Meanwhile, soon after that, his agent released a statement stating that Perry has stepped away to attend to personal matters, somewhat contradicting Chicago’s assertion of his absence being an organizational decision.  Perry has been relatively productive this season, sitting fourth on the team with four goals and five assists through 16 games but those totals won’t be getting added to for a while by the looks of it.

More Injury News: A tough start to the season just got a bit tougher for Columbus as they’ll be without one of their top defensemen for at least the next six weeks as Damon Severson is sidelined with an oblique injury.  Columbus picked up the 29-year-old in a sign-and-trade with New Jersey who gave him an eight-year, $50MM contract; he was off to a decent start with eight points in 19 games while logging nearly 21 minutes a game.  Meanwhile, the Maple Leafs will be without John Klingberg for a while as he has been placed on LTIR as his undisclosed injury is not healing as well as hoped.  He had struggled when he was in the lineup and didn’t provide the offensive boost Toronto was expecting.  It wasn’t all bad news on the injury front, however, as the Lightning welcomed back goaltender Andrei Vasilevskiy as he has fully recovered from the back surgery he had in training camp.  How did Tampa Bay celebrate?  By becoming the first team in NHL history to score at least eight goals on 14 or fewer shots in a game since shots were first officially tracked in 1955-56.

Girard Enters Player Assistance Program: Avalanche defenseman Samuel Girard has taken a leave of absence from the team to enter into the NHL/NHLPA Player Assistance Program.  The blueliner stated that he “made a proactive decision to take care of my mental health, and will be entering treatment for severe anxiety and depression that has gone untreated for too long and led to alcohol abuse”.  The 25-year-old has become an integral part of Colorado’s back end in recent years but will now be away from the team indefinitely as he works through the program.

Photo courtesy of USA Today Sports Images.

NHL Week In Review

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West Notes: Gagner, Pospisil, DeMelo

November 26, 2023 at 7:59 pm CDT | by Brian La Rose Leave a Comment

With this being Ken Holland’s final year under contract as GM of the Oilers, some have started to wonder who his replacement might be if the 68-year-old decides to move into an advisory role or if the team decides to make a change.  One speculative candidate has been player agent Dave Gagner who worked with Jeff Jackson, now the president of hockey operations for Edmonton.  Meanwhile, his son Sam is in his third stint with the franchise.  However, Sportsnet’s Elliotte Friedman reported in the latest Saturday Headlines segment (video link) that the former NHL player has indicated that he isn’t interested in the job and wouldn’t pursue it if it became available.  Edmonton had an in-house candidate to eventually take Holland’s spot in Steve Staios but he is now with Ottawa.

Elsewhere out West:

  • Sportsnet’s Eric Francis points out that Flames winger Martin Pospisil is now waiver-eligible once again having now played in 11 games this season. The 24-year-old has fared well in his first taste of NHL action with three goals and two assists which would make it much riskier to try to send him back down now that he has shown he can produce at the top level.  Accordingly, Francis suggests that Pospisil’s spot is likely secure for the time being, even though it will present some challenges cap-wise later on when they want to bring others up from the minors.
  • Jets defenseman Dylan DeMelo is a pending UFA for the second time in his career as he can hit the open market this summer. He told Ken Wiebe of the Winnipeg Free Press that his uncertain contract status affected his play last time when he was with Ottawa, who eventually moved him to Winnipeg.  DeMelo’s desire is to remain with the Jets but noted that he knew he was lower on the priority list to re-sign.  However, with extensions for Mark Scheifele and Connor Hellebuyck done, it’s possible that talks about a new deal for DeMelo could be in the works before long.

Calgary Flames| Edmonton Oilers| Winnipeg Jets Dylan DeMelo| Martin Pospisil

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PHR Mailbag: Blue Jackets, Gaudreau, Kane, Rasmussen, Oilers, Hockey Canada

November 26, 2023 at 6:57 pm CDT | by Brian La Rose 9 Comments

Topics in this edition of the PHR Mailbag include the rough start to the season for the Blue Jackets, how the Oilers could get out of their slump, and much more.  If your question doesn’t appear here, check back in next weekend’s mailbag.

Black Ace57: What does Columbus do going forward if their high-paid stars keep struggling? They looked like a team that could compete this year, but if their top guys keep struggling it looks more like a team in need of a retool or short rebuild.

I wasn’t sold on the Blue Jackets being a playoff team this season but I was expecting them to be more competitive than they have been so far.  In theory, I agree with you that a retool would help but the problem is who do they retool with?  Selling low on Patrik Laine isn’t wise.  Same for Johnny Gaudreau.  I don’t think they’re moving Boone Jenner either.  So, aside from the currently injured Jack Roslovic, the forwards they’d move don’t have a particularly significant track record; they aren’t players that will bring impact pieces in return.

On defense, Andrew Peeke and Adam Boqvist have some value but they’ve been on the block for most of the season now.  Clearly, the offers haven’t been great as otherwise, they’d have been moved already.  Erik Gudbranson doesn’t have a trade market and the other veterans are players they probably don’t want to trade.

If they can find a taker for Merzlikins, they can try the lateral goalie swap and hope the change of scenery works for each player.  With his contract ($5.4MM through 2026-27), that’s easier said than done.

They’ve changed the coach multiple times now.  They’ve changed the goalie coach.  Pulling those levers again isn’t going to change much.  So my recommendation to them would be to play the youngsters as much as possible and hope that the veterans find their footing.  If they don’t, at least the development of their young core players gets advanced.  That’s a small win but with their current situation, that might be the best-case scenario aside from moving out some rentals closer to the trade deadline if they’re out of it by then.

Pyramid Headcrab: Any insight on Johnny Gaudreau? His scoring has completely fallen off a cliff, and his play does not inspire confidence. Can you think of any other players who have had such a precipitous drop after signing a new contract?

And more vitally, is this a case of a guy completely phoning it in after getting a big paycheque, or is this a case of a player not fitting in a new system?

The player who replaced Gaudreau in Calgary comes to mind, Jonathan Huberdeau.  He gets acquired, signs the long-term extension, and falls off a cliff, notching 60 fewer points compared to 2021-22.  This season, he’s on pace for even less.  Jeff Skinner also fits the bill.  After a 40-goal year in his first season with Buffalo, he followed that up with 23 points followed by 14, making his deal one of the worst in the league.  Fortunately for the Sabres, he turned it around and while his contract isn’t a bargain, it looks a lot better now.

Gaudreau will get an opportunity to do like Skinner and play his way out of this.  There is no trade market for him at the moment.  In a perfect world, Adam Fantilli becomes the top-line center they think he can be, giving Gaudreau a higher-end linemate that he hasn’t had with the Blue Jackets so far.  If that happens, I think he can rebound somewhat.  Not to the point where $9.5MM is viewed as a bargain but also not among the worst in the league either.

I also don’t think this is a case of Gaudreau cashing in and checking out, so to speak.  I suspect this is more just him not fitting into the current system and lacking that impact center to play with.  Granted, at $9.5MM, it should be Gaudreau helping elevate a linemate, not him needing a better linemate to bring out the best in him.  It hasn’t gone well for him in Columbus so far but I think he can turn it around.

Winter in Colorado: What’s your take on Patrick Kane’s return? Every talking head out there thinks he’ll come back and be fine. No player has ever returned successfully from hip resurfacing surgery. It’s entirely possible Kane will be the next Nicklas Backstrom. Yet, I haven’t heard this from any hockey media. It really doesn’t matter what team or contract Patrick Kane wants if he can’t play.

This is a great point and frankly, it wasn’t even one I was really considering too much but you’re absolutely right, it does have to be factored in.  Ed Jovanovski didn’t come back for too long when he had it.  Ryan Kesler had it done and never played again.  Backstrom wasn’t bad last season after coming back but now, it’s fair to wonder if his playing days are done.  If I’m a GM, this should be something to consider.

I wonder if Backstrom’s situation could make Kane’s camp lean toward pursuing a multi-year deal.  While it’s possible he leaves money on the table if he is able to buck the trend, locking in guaranteed money with injury concerns can rarely be called a good idea.

Here’s what I keep coming back to with Kane.  The contending teams that want him are almost all in cap trouble.  Their preference is undoubtedly going to be Kane taking a cheap deal that doesn’t require them to turn around and move out another player, possibly with an incentive added with so few teams being able and willing to take on money.

Kane is going to have to pick between trying to ring chase now (and perhaps land in a spot where he can be insulated a bit which helps from a health standpoint) or going for one last big financial score.  I lean toward him taking the former (perhaps not by choice; the big-money deals are going to be tough to get at this point of the year) as that’s where his best options for short-term success will be.

Binnie: Two questions to ask. The first one is which team has the best chance of signing Patrick Kane. The second is about Michael Rasmussen contract extension, how long are the terms and average salary per offered if true.

There seems to be some speculation that his preference would be to stay in the East after finishing up last season with the Rangers, a team that it doesn’t look like he’ll be returning to.  Florida doesn’t have a lot of cap space but there seems to be considerable mutual interest and frankly, of the Eastern contender teams that could have a realistic shot at trying to afford him, they might be the best fit.

Buffalo is out there both for the fact he’s a local and the sense he’d help give them a boost in a season that they’re supposed to emerge from their rebuild.  Detroit is believed to be in the mix as they’re looking to get out of missing the playoffs as well.  Both of them can afford pricier long-term deals.  If Kane wants one of those, I’d lean to Buffalo.  If he’s willing to take the one-year deal, Florida is my pick for where he signs.

As for Rasmussen, I’m sure Detroit GM Steve Yzerman is at least kicking the tires.  The center is a pending RFA so a deal will have to get done at some point.  It’s safe to say that he’ll get more than his $1.72MM qualifier, especially with arbitration rights.  But I don’t think Rasmussen has shown enough to receive a long-term extension, the types that are often done in-season.  Barring injury, he’d have gotten there last year but he doesn’t have a 30-point season under his belt and he’s at a lower pace offensively so far this season.

Honestly, I think the best play for both sides here is a one-year pact, another bridge deal if you will.  If I’m Detroit, I’d be leery about going higher than a low $3MM offer on a multi-year agreement (three or more seasons).  If I’m Rasmussen, why am I locking in long-term for that when I can get $2MM or more on a one-year deal and ideally have a better platform year?  Those would be my picks for a new contract for Rasmussen which is why I don’t think the two sides will get one done.

Nha Trang: Alright, how’s this for a deadly hypothetical? Congratulations, Brian! You’ve just been drafted to be the new GM of the Oilers, a team in the dumps, with over half of their cap space tied up in just six players (each and every one of them with NMCs), you’re projected to have only $10MM of cap space NEXT season, and you’ve got a goalie in the minors with a no-trade clause and a nearly $4MM cap hit himself. What’s your turnaround strategy, beyond fleeing screaming for Tahiti? (That, or coming to Massachusetts to clock me upside the head with a goalie stick for making the suggestion.)

My strategy is probably pretty similar to the one they’ve probably been looking into.  In net, I’m looking for change-of-scenery players that wouldn’t necessarily require a huge inducement to take on Campbell’s deal.  I’m looking at Columbus and Elvis Merzlikins or Seattle and Philipp Grubauer.  Both netminders are signed for as long as Campbell and their AAV’s are less than $1MM apart.  With Columbus, perhaps add in Cody Ceci and Andrew Peeke to make the money come close to matching and with Seattle, Ceci and William Borgen for the same purpose.  That’s probably not the exact trade when all is said and done, that’s the core of the swap.

If those don’t work, I think I might make a bigger offer for Arizona’s Karel Vejmelka.  (The problem is they won’t take Campbell back.)  The Coyotes don’t seem to be locked in with having him as their long-term starter and if I can get two years at $2.75MM to pair with Stuart Skinner, that’s worth pursuing.  Kulak is probably the money matcher and as much as I wouldn’t want to do it, I could be persuaded to put Xavier Bourgault, one of their top prospects, in the offer.  This isn’t a viable situation for a rebuild, not with their core.  Selling is not an option so the swing is defensible.

Failing that, Montreal’s Sam Montembeault would be my next target since his contract is a lot easier to fit into the current salary structure; he could be added without subtracting anyone of consequence off their current roster.  A first-round pick is off the table but if they accepted a package headlined by a second-rounder, that would be worth pursuing.  That’s not going to be a big upgrade in terms of getting a new starter but that at least shores up the backup spot, increasing the chances of getting points from those games which will help as they look to get back into a playoff spot.

I’d also look at shaking up the back end.  Between Ceci, Brett Kulak, Evan Bouchard, and Philip Broberg, they have a lot of defenders who are mobile but not particularly good in their own end.  One or two of those is manageable, four out of seven on the roster is an issue.  Moving Kulak and/or Ceci for different-styled players making similar money (Peeke and Borgen are examples from the earlier goalie offers) would be useful.  Getting more defensive structure and stability should help solve some of the goaltending struggles and with the remaining puck-movers plus Darnell Nurse and Mattias Ekholm, their offensive game shouldn’t take much of a hit.

Up front, I don’t think I’d change a whole lot.  What I would do is waive one of Adam Erne or Sam Gagner to make them waiver-exempt and shuffle one of them back and forth (down on off days) along with James Hamblin.  (Not at the same time as they need 12 forwards though.)  The idea would be to dip out of LTIR on those days and bank a tiny bit of cap space which might come in handy at the deadline.  Ideally, it’d be nice to get a penalty kill specialist into Gagner’s spot and a more skilled fourth line grit player into Erne’s but given their weaker prospect pool, I wouldn’t be trading much for those.  Rather, I’d watch the waiver wire for more optimal fits.

Otherwise, this is a good forward group and I expect they’ll turn it around on their own.  That coupled with better defense and possibly better goaltending should get them into the playoffs at least.

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Red Wings: Oilers have to do something big. How about Campbell and Draisaitl for Josi and Saros? Who says no?

I think Nashville says no, for starters.  Unless they get some sort of assurance that Leon Draisaitl would sign an extension with them, I don’t think they’d want to part with their captain and Juuse Saros (someone they’ve admitted they want to extend next summer when he’s eligible) for a negative-value goalie and a 1.5-year rental.  That doesn’t really help them.

I also think Edmonton says no.  Can they realistically afford two blueliners making more than $9MM per season for four more years after this one with their core group?  Probably not and Saros isn’t going to be on a team-friendly deal much longer.  It would also require them to trim more players off their roster to make the money work, putting them in a tough situation for the second half of the season.  They may well do something big but it won’t be this big.

WilfPaiement: The 2018 WJC scandal is now clearly a cover-up because I’m guessing there were some really big names involved, I say these things because there is no good reason for the investigation to have taken this long. What are the latest facts if any? Why is Alex Formenton’s NHL career seemingly being held hostage?

Earlier this month, Hockey Canada released a statement saying that an independent adjudicative panel issued its ruling on whether certain members of that team breached Hockey Canada’s code of conduct.  Included in that statement was that a notice of appeal has been filed and since those proceedings are done in-camera (not seen by the public), no further information can be provided.  So basically, the update is that while there has been an update, there’s nothing they can publicly update at this time.  And me speculating any further than that wouldn’t be of much value.

As for Formenton, Ottawa was believed to be open to trading him last season but didn’t get an offer to their liking.  Now, even if they wanted to sign him for this season, they don’t have the cap space to do so.  Frankly, he’s not exactly lighting up the Swiss League so he’s not making a great on-ice case that someone should be trying to get him back to the NHL right away.

Photo courtesy of USA Today Sports Images.

Pro Hockey Rumors Originals PHR Mailbag

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Nick Ritchie Signs In Finland

November 25, 2023 at 6:14 pm CDT | by Brian La Rose Leave a Comment

Earlier this month, Brett Ritchie decided to head overseas after failing to secure an NHL contract, signing with Dinamo Minsk of the KHL.  Now, his brother has also decided to cross the pond as Karpat of the SM-liiga in Finland announced that they’ve inked Nick Ritchie to a one-year contract.

The 27-year-old was the tenth overall selection back in 2014 but while he showed flashes of some upside, he wasn’t able to lock down a regular spot in the top six.  Over the past few seasons, he has bounced around in depth roles, playing for four teams in the last three years.

Last season, Ritchie spent time with both Arizona and Calgary, notably being traded for his brother at the trade deadline.  Between the two teams, he collected 13 goals and 13 assists in 74 games along with 218 hits.  Despite that, he failed to secure a guaranteed contract over the summer and eventually settled for a PTO with St. Louis.  He didn’t fare particularly well with them, picking up an assist and 17 penalty minutes in three preseason contests, leading to his release.

Now that a contract elsewhere in North America has failed to materialize, Ritchie heads overseas.  A strong showing over the final few months with Karpat could very well get him back on the NHL radar for next season on a minimum-salary contract.  However, if Ritchie struggles, this could be the beginning of an extended stint overseas which is hardly the outcome many expected after being such a high draft pick a decade ago.

Liiga| Transactions Nick Ritchie

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