PHR Mailbag: Stars, Jets, Mammoth, Blackhawks, Fourth Lines, Playoffs, Draft
Topics in this edition of the mailbag include the types of moves Utah should look to make, the top fourth lines in the NHL, and much more. If your question doesn’t appear here, check back in one of our last two mailbag columns.
bottlesup: With what the Avalanche are doing right now and with Vegas acquiring Rasmus Andersson, is there a world in which my Stars can possibly make the Stanley Cup Final?
At this point, I wouldn’t be as concerned about Vegas. Yes, they’re better, but they’re a third-round opponent (Dallas isn’t dropping to a Wild Card spot and lining up with the Pacific Division) and with shaky goaltending this season, they’re beatable in a seven-game series. Not saying the Stars would for sure win but they’d have a solid chance.
Now, assuming they get past Minnesota in the first round, Colorado is its own unique test. Yes, they slumped before the break but let’s face it, teams that have a runaway first half tend to take their foot of the gas a little, so to speak. That doesn’t worry me. The Avs would be the favorites in that series but they’re also not unbeatable. I’d say that Jake Oettinger would need to be sharper than he has been this season for them to have a chance.
For Dallas to get the best chance to make it through to the Cup Final, they need to add defensive help. They have a strong top three but then are piecing it together from there with iffier options that you might not want to rely on for 16-plus minutes per game in the postseason. A solid defensive second-pairing blueliner that can help the penalty kill and take some pressure off the third pairing would help. A bit more firepower in the bottom six would help their chances as well. Once they get a better sense of whether Tyler Seguin can return (keeping their LTIR pool intact) or not (an SELTIR placement would add nearly $6MM to that pool), they’ll see how feasible those acquisitions could be.
Long story short, there’s definitely a world in which Dallas gets there. They’re one of the top teams in the league for a reason. They have a strong, experienced core group that has had some playoff success before. They’re not the favorite to come out of the West today but someone has to survive the gauntlet and it could very well be them.
Cla23: The Winnipeg Jets always claimed to be a draft-and-develop team. Meanwhile, they are one of the oldest teams, the Moose are not very good, and a lot of young players want out as they feel they are not getting a chance with the big club; their drafting is poor as well.
Do you think it is time to shake up the management and scouting staff? Scott Arniel should be safe as he doesn’t have much to work with.
It’s fair to say that Winnipeg’s drafting and development hasn’t been great as of late. Part of that is not having some of their better picks as a result of making win-now trades. Losing a first-round pick to retirement at 21 due to a hereditary tissue disorder was something out of their control. But, in general, if you look at their draft history (HockeyDB has a quick snapshot), the results aren’t pretty. And the end result is a system that’s certainly toward the bottom of the league.
As to whether an overhaul is needed, that’s a little harder to answer. We know the Jets are one of the stricter-budget teams in the league and their scouting group is on the smaller side. So is their player development group. Is this a case of simply needing more eyes that could aid on the drafting side and a bigger development team to help those prospects? It’s definitely possible. I’d like to think that could fix at least some of the problem without overhauling things.
I think the only way that an overhaul would be considered is if ownership decided that the current core has gone as far as they can and that it’s time to commit to a multi-year rebuild. At that time, maybe you bring in some new decision makers in management and scouting. I’m not sure the market could survive any sort of extended rebuild from an attendance and revenue standpoint and the fact they’ve re-signed all the veteran players they have suggests that’s not even being considered. So, for now, the more realistic hope would be that the front office gets a bigger budget to work with to rectify some of the drafting and development issues and hope that over time, that gets things back in the right direction.
GBear: The Mammoth seem to be a legit threat to make the playoffs, what move(s) do you foresee them making near the trade deadline? I’ll hang up and listen for the answer. ☎️
I’ll start with a question of my own. Where does GM Bill Armstrong feel his team is within the rebuilding cycle? Are they in the ‘happy to be here’ phase or aiming higher? The answer to that dictates the answer to your question.
I have them in the former. They’re not a top-three team in the loaded Central Division and I don’t think they beat Vegas or Edmonton if they wind up crossing over. I suspect Armstrong feels the same way so it’s probably not the time to swing big.
However, he should also want to reward his roster with some reinforcements, albeit more of the depth variety. An upgrade over Nick DeSimone and Olli Maatta is a small move that can give the back end a bit of help. There should be several of those players on the move that would only cost the Mammoth one of their previously-acquired selections. Up front, getting Logan Cooley back should be enough of an upgrade down the middle so I’d look at the wing. Someone like Michael Bunting makes a lot of sense. With the right fit, he can play basically on any line, allowing them to deepen the lineup. He plays with some jam which should appeal to Andre Tourigny. And he’s only 30; it’s plausible that they’d want to give him a multi-year deal if things went well so he feels like a fit on that front as well. And, again, their surplus picks should cover a big chunk of the acquisition cost.
Even if they wind up shoring up their group for an early playoff exit, a team can learn a lot from that short series by getting that taste. That’s worth using some assets to try to help solidify while also being restrained knowing that the bigger moves (that we know Armstrong will sniff around on) will likely come in the offseason.
Unclemike1526: With Frondell and Kantserov coming late this year in all likelihood, and Murphy and maybe Dickinson too being moved, Name the one guy (under 30) the Hawks could get in a trade that can put the puck in the net? A flat-out scorer. They need that more than anything. Frondell can take Dickinson’s spot eventually and Del Mastro can take Murphy’s; there has to be somebody out there, right? I don’t want to move Mikheyev or Grzelcyk and would rather re-sign them. Grzelcyk is solid and Mikheyev is too valuable as a PK guy. They need a scorer, right? The time for draft picks is over. Thanks.
Unfortunately, this isn’t the time of year when a lot of under-30 impact scorers tend to be moved. But if St. Louis is ready to shake things up, making a run at Jordan Kyrou makes sense. He’s not having a great year this season but before that, he had three straight 30-plus-goal seasons so that should fit the bill for what you’re looking for. He’s 27 and signed for five more years after this one at $8.125MM, a price tag and term the Blackhawks can afford. It’d take parting with a key youngster and a quality pick or prospect but if the goal is to get an upgrade to help take the next step, he might be it. Admittedly, I’m not sure he’s a great fit with Connor Bedard but talent is talent and he’d be a big upgrade.
On a smaller scale, they’re the type of team I could see wanting to take a look at Patrik Laine. It’s starting to sound like Montreal is willing to retain money to move him and take a negligible at best return for him to open up cap space for themselves. Chicago has loads of cap space and a six-week flyer to see how the 27-year-old might fare with a fresh start and if he might be a short-term solution for a couple of years after this. It runs counter to them being a seller but if the cost is next to nothing (or nothing), it’s a dart throw that might be worth making.
Daniel M: Blake Lizotte’s recent re-signing has me wondering if the Penguins have the best 4th line in the NHL right now. Their underlying numbers look really good, even though they start a ton of their shifts in the defensive zone. They contribute offensively too. What are some of the NHL’s best 4th lines?
Pittsburgh’s trio would be right up there. They’ve really impressed and have been together enough to show that it’s not just short-term good luck. Right now, they may very well be the best.
I pushed this question to the last mailbag so I could watch some games with this question in the back of my mind. Two fourth lines, in particular, stood out. One was Buffalo’s with Jordan Greenway and Beck Malenstyn being centered by Peyton Krebs. It’s a line with a lot of size and physicality but some solid defensive play and a bit of offensive upside to go along with a cycle game. Greenway’s continuing injury woes are certainly a concern moving forward, however.
The other one that caught my eye was Boston’s trio of Tanner Jeannot, Sean Kuraly, and Mark Kastelic. A little penalty-prone, sure, but that’s an energy line with some defensive acumen, a bit of offensive touch, and an ability to cycle a team to death in the attacking zone. That type of line can do some damage as the checking gets a little tighter down the stretch and into the playoffs and I could see it being more successful in the coming weeks.
One of the challenges in evaluating fourth lines is that they’re forever fluid. It’s rare to find a combination that works for an extended period of time. Players get hurt, shuffled in and out of the lineup, or moved up if things are going well. Per MoneyPuck, Pittsburgh’s fourth line of Connor Dewar, Noel Acciari, and Lizotte, is the 18th-most-used line in the league. Not just among fourth lines, that’s all lines. That type of consistency is extremely rare for a fourth line and probably gives it a leg up on the rest overall.
Rasmus Andersson Discusses His Trade
The long trade saga for Rasmus Andersson finally came to an end last month when the Flames moved him to Vegas in exchange for a first-round pick, a second-round selection, defenseman Zach Whitecloud, and prospect blueliner Abram Wiebe.
Of course, while this was the time that the trade got over the finish line, it looked like deals were all but done on multiple occasions beforehand. Speaking with Sportsnet’s Eric Francis earlier this week, the blueliner discussed some of those failed moves that ultimately preceded his departure from Calgary.
Over the summer, it was widely reported that the framework of a trade was in place to send him to Los Angeles. Andersson confirmed as much but acknowledged that he wasn’t ready to sign a long-term deal with the Kings which was a condition of the swap. As a result, it ultimately fell through.
Soon after that, word emerged that Andersson had given the Flames a shortlist of teams he would sign with. It turns out that the list wasn’t all that short as there were seven teams on it.
Andersson noted that a couple of times, it looked like something was in place with some of those other teams, without going into specifics about who they were. In the end, the acquiring team couldn’t figure out how to fit him in beyond this season (where he has a team-friendly $4.55MM AAV) which ultimately scuttled the discussions.
To his credit, Andersson came back to the Flames for this season and didn’t let the constant discussion about his future faze him. Instead, he had a strong first half, notching 10 goals and 20 assists in 48 games before the swap while logging over 24 minutes a night of ice time, narrowly surpassing his career high in that regard.
Of course, there was one more failed move, that coming just days before the move to the Golden Knights. It briefly looked as if Andersson was on his way to Boston with a seven-year, $63MM extension in tow but the 29-year-old noted that the Bruins made some tweaks to the offer in terms of structure and trade protection that weren’t to his liking. Then, after three days without any communication, he ultimately decided to pull the plug on signing an early extension with anyone for the time being. With an extension being a prerequisite to make the Boston trade happen, that took them out of the equation as well.
In the end, that decision ultimately facilitated a move as Vegas stepped up with their offer mere hours after that announcement and the long-awaited swap going back the better part of a year was finally completed. Andersson has since played in eight games since the move, picking up a goal and three assists and now is with Sweden for the Olympics so his break will be a short one compared to most of the league.
Speculated as a preferred landing spot for Andersson in the summer, the Golden Knights were indeed one of the seven teams on his list dating back to the offseason so both sides should be confident that an extension can be worked out. The near-miss Boston contract should act as a reasonable barometer for what that agreement should ultimately cost. It may wind up taking a lot longer than originally anticipated and hoped but Andersson appears set to get one of the outcomes he wanted, a trade to and a contract with a team of his choosing. The first half is done, now we’ll see how long it takes for the second half to be completed.
Snapshots: Flyers, Curran, Rifai
Flyers executives have said before that the team will ultimately decide whether they buy or sell heading into next month’s trade deadline. Jackie Spiegel of the Philadelphia Inquirer examines their situation, suggesting that while they might not want to throw in the towel on the season just yet, selling is the logical route for them to take. Philadelphia sits eight points out of a playoff spot with a team in the bottom ten in offense so the odds of a successful playoff push are low. On the other hand, their list of pending unrestricted free agents isn’t exactly the most appealing, headlined by veteran wingers Carl Grundstrom and Nicolas Deslauriers. Accordingly, even if they do opt to sell, it could be a fairly quiet deadline unless they want to move players signed beyond the upcoming season.
Elsewhere around the hockey world:
- Avalanche prospect Max Curran will make the move to the NCAA next season. The forward announced on his Instagram page earlier this week that he will play at UMass in 2026-27. Curran was a fifth-round pick by Colorado back in 2024, going 161st overall. This season, the 19-year-old has 14 goals and 27 assists in 31 games with WHL Edmonton. Had he not made the move, Colorado would have needed to have either signed him or dropped his rights by June 1st. Going to college will now push that timeline back, giving the Avs more time to decide his future.
- The Maple Leafs’ AHL affiliate announced on Friday (Twitter link) that defenseman Marshall Rifai was returned to the Marlies. The move comes as no surprise with the Olympic break in full effect. Rifai recently returned from a preseason injury and has four assists in a dozen games in the minors. Recalled late last month, Rifai got into one game with the Maple Leafs but saw just 9:40 of playing time. The demotion will allow him to keep playing and also land Toronto some extra cap flexibility heading into next month’s trade deadline.
Kings Have Started Extension Talks With Brandt Clarke
Back in 2021, the Kings drafted defenseman Brandt Clarke eighth overall with the hopes that he could emerge as a key contributor on their back end. While there were some stops and starts early on in his career, he has now emerged as a legitimate top-four player.
Set to reach restricted free agency this summer for the first time, it appears that the team is hoping to get something done before it comes to that point. Speaking to reporters following the recent Artemi Panarin trade (video link), GM Ken Holland indicated that there have been plenty of discussions about a new deal for the 22-year-old with a goal of getting something in place before July 1st.
While having an agreement in place before free agency opens up removes the possibility of an offer sheet, it would also give Holland more certainty of what he does or doesn’t have to spend on the UFA side of things. Given that there’s a wide range of outcomes, having that extra knowledge would be useful.
For example, AFP Analytics has a pair of projections for him. A two-year bridge deal could check in around $5MM per season while a seven-year pact approaches the $8MM mark. Considering eight-year deals are still allowed until mid-September, a potential price tag could even go higher. That variance is more than enough to cover a UFA signing or two so knowing where Clarke’s next deal will check in ahead of free agency would certainly affect the rest of their planning.
Last season, Clarke’s first full NHL campaign was a successful one. He picked up five goals and 28 assists in 78 games with largely sheltered minutes as he logged a little over 16 minutes per game with plenty of offensive zone starts. Clarke then added a pair of goals in their opening-round loss to Edmonton with an even lower workload in terms of playing time.
This season, Clarke has emerged as a consistent second-pairing player. While his zone starts are still skewed toward the offensive end, his ice time is up past 19 minutes per game, putting him third among Los Angeles defenders. He has already passed last year’s goal total as he’s up to six and with 21 helpers, he’s on pace to surpass that as well; a 40-point showing isn’t out of the question which would certainly be a boost to his contract value.
While there is a trade freeze in place, there isn’t a transactions freeze. Roster moves can still be made and contracts can still be registered with the league and announced. With that in mind, it wouldn’t be surprising to see Holland and Clarke’s camp resume discussions during the Olympic break to see if they can get a deal across the finish line.
Predators Notes: Marchessault, McCarron, GM Search
There is a willingness from both the Predators and winger Jonathan Marchessault to see if something could happen on the trade front, reports Sportsnet’s Elliotte Friedman in his latest 32 Thoughts column. The 35-year-old is in the second season of a five-year contract that carries a $5.5MM AAV. Marchessault has battled injuries this season and has been a little quiet when he has played, notching 10 goals and seven assists in 38 games. However, he was one of the few players who lived up to expectations last season when he collected 21 goals and 35 helpers to finish second on the team in scoring.
While a $5.5MM cap charge for a top-six forward in an increasing cap environment is reasonable, there will be teams questioning just how long he’ll be able to stay in that role which will largely dictate the viability or lack thereof of a swap. Marchessault has a full no-move clause which gives him control over where he could be moved to with Friedman noting that one particular priority for the winger is going somewhere with strong minor hockey infrastructure for his children.
More from Nashville:
- On Friday, the league announced that winger Michael McCarron was fined just over $2.3K for a slash on Washington blueliner Trevor van Riemsdyk on Thursday night. The amount is the maximum allowable under the CBA, amounting to the lower of $5K or one-half of one day’s salary, in this case the latter. The fine money goes to the Players’ Emergency Assistance Fund.
- When GM Barry Trotz announced he’d be retiring, the Predators appointed CAA Executive Search to assist in the search for his replacement. However, following concerns from the NHLPA about potential conflicts of interest (CAA Hockey also represents 153 active NHL players), CAA has withdrawn from the agreement with the team, reports Alex Silverman of the Sports Business Journal. The NHLPA’s rules governing agencies prohibit those agencies from representing NHL players and also assisting in executive searches, even if they’re run by two completely distinct elements of that firm. Trotz remains in place as the GM for the time being and is expected to take the team through the trade deadline and beyond that until a replacement is found. Alex Daugherty of The Tennessean adds (Twitter link) that the search will now be done in-house.
Blues Claim Jack Finley Off Waivers From Lightning
There may be a trade freeze in the NHL right now but waiver wire moves can still be made. The Blues have added some young depth off the wire, as Sportsnet’s Elliotte Friedman reports (Twitter link) that they’ve claimed center Jack Finley off waivers from the Lightning. Under the rules for roster movement during the break, he won’t be required to report to St. Louis until February 17th.
The 23-year-old was a second-round pick by Tampa Bay back in 2020, going 57th overall. At the time, Finley wasn’t lighting it up in junior hockey with WHL Spokane but with a six-foot-six frame and an ability to play down the middle, the Lightning hoped that he’d eventually fill out and become a potential bottom-six option for them. He had 57 points in his draft year and then in 2021-22 (2020-21 was largely wiped out), he managed just 50 so the offensive outburst never came.
However, Finley showed some promising signs offensively in the minors. In his first three full professional seasons, he reached the double-digit goal mark in all three, ranging between 12 goals in his rookie year to 14 tallies last season, when he wound up with 28 points in 40 contests with AHL Syracuse. Given that, Tampa Bay was hesitant to cut him in training camp, instead keeping him around at the back of their roster.
Unfortunately for Finley, playing time was difficult to come by. He played in just 11 games over the first two months of the season, resulting in a three-game conditioning stint with the Crunch, where he had three points. Finley did play a bit more regularly after being recalled, seeing action in 12 games over the last seven-plus weeks but that was still minimal playing time overall. On the season, he has two goals and one assist in 23 outings while playing just 8:25 per game. He’s also chipped in 37 hits and has won 48.5% of his faceoffs.
Finley, a St. Louis native, now joins a team that looks to be heading for at least some sort of rebuild or retooling process with the team well out of playoff contention. Accordingly, he should have an easier pathway to consistent playing time down the stretch if the Blues sell off more veterans as they did with the Nick Bjugstad trade earlier this week; Finley effectively fills his spot on the roster.
While waiver claims are often on short-term deals, that isn’t the case here. Finley is in the first season of a three-year deal that currently carries a cap hit of $775K. As the league minimum increases next season, the AAV of the deal will go up to reflect the higher salary being paid. The final two seasons of the agreement are a one-way salary so St. Louis is potentially absorbing around $2MM in cash costs over the next three years. But if Finley is able to fill a depth role during that stretch, it’ll be a worthwhile pickup for them.
Photo courtesy of Russell LaBounty-Imagn Images.
Salary Cap Deep Dive: Montreal Canadiens
Navigating the salary cap is one of the most important tasks for a front office. 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 who don’t often see struggles and front office changes.
PHR will look at every NHL team and give a thorough look at their cap situation for the 2025-26 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 PuckPedia. We’re currently covering the Atlantic Division, next up are the Canadiens.
Montreal Canadiens
Current Cap Hit: $95,173,995 (under the $95.5MM Upper Limit)
Entry-Level Contracts
F Zachary Bolduc (one year, $863.3K)
F Ivan Demidov (two years, $940.8K)
G Jacob Fowler (three years, $923.3K)
D Lane Hutson (one year, $950K)
F Oliver Kapanen (two years, $925K)
Potential Bonuses
Bolduc: $425K
Fowler: $80K
Demidov: $2MM
Hutson: $850K
Kapanen: $637.5K
Total: $3.9925MM
The Canadiens were able to get Demidov signed earlier than expected, allowing him to play in the playoffs last season and burn a year of his contract. He’s off to a strong start to his rookie year and it feels like he’s the next player that GM Kent Hughes will look to get signed to a long-term deal and bypass a bridge pact. At the rate salaries are going up, that could land in the $10MM range, especially if they sign an early extension and get the eighth year in. Meanwhile, half of his bonuses are ‘A’ ones and could realistically be hit.
Kapanen is having much more success this season after playing a very limited role at the beginning and end of last year. While he has fared well with Demidov, there remain enough questions about his offensive ceiling to make a shorter-term deal likely. That could fall in the $4MM range depending on his point production. He has three ‘A’ bonuses in his deal and has a realistic shot at reaching at least the goals one. Bolduc came over in an offseason move from St. Louis and has shown some signs of being a capable secondary scorer. Still, he’s likely to be in bridge territory as well, likely surpassing the $3MM mark. He has two ‘A’ bonuses in his deal with a 20-goal one being the most realistic.
Hutson will get a longer look later but for now, it’s worth noting that he has four ‘A’ bonuses in his contract and could conceivably hit them all. However, he has a rare clause in his contract that caps the total bonuses achievable in the deal at $1.15MM. He has already hit $750K of that so even if he hits enough of the criteria to reach all four bonuses, his payment will be capped at $400K. Notably, Kapanen is one of the other few players in the league with that restriction on bonus money.
Fowler was brought up a few weeks back and made enough of an impression to get more than a spot start. As a result, he’s already hit his games played bonuses. The Canadiens are hoping that he’ll be their starter of the future. The price tag of those players has jumped past $8MM in recent years but most of those were UFA deals where Fowler has a ways to go to get to UFA eligibility. But with the cap escalating, if he pans out, he could very well land in that range. For now, he’s back in AHL Laval but the bonuses will still count.
Signed Through 2025-26, Non-Entry-Level
F Kirby Dach ($3.363MM, RFA)
F Patrik Laine ($8.7MM, UFA)
F Joe Veleno ($900K, RFA)
D Arber Xhekaj ($1.3MM, RFA)
The Canadiens took a flyer on Laine in the 2024 offseason after it was clear that a return to Columbus wouldn’t be tenable. The hope was that he’d bring some extra firepower and might be a better fit in a secondary role. When healthy, he has shown flashes of being that threat, especially with the man advantage where he was one of the top scorers last year despite missing two months with knee trouble. However, he also spent a lot of time on the fourth line and was there this season before suffering a long-term lower-body injury. That sets him up with eligibility for performance bonuses in a one-year contract and frankly, that might be the best way for him to potentially maximize his earnings while the signing team can mitigate the risk. A deal like that could have a couple million in base salary and then a few million in bonuses tied to games played and production.
Dach’s injury history is even longer than Laine’s as he has missed more games than he has played since being acquired at the 2023 draft. When healthy for an extended stretch, he has had some moments to show that a top-six player could still be in there but between the inconsistency and injuries, it’s far from a given he’ll get there permanently. His qualifying offer jumps to $4MM and a long-term deal is unlikely. Instead, another shorter-term deal around that number might be the way to go. Veleno came over in free agency after being bought out by Seattle and landing in a soft free agent market. A sub-$1MM qualifying offer helps but with his history, he’d likely garner much more than that in a hearing making him a strong non-tender candidate. Given how things went this past summer, it doesn’t seem likely that his market would be much stronger in 2026.
Xhekaj hasn’t been able to break through his deployment as a sixth defender in recent years, something that won’t likely change the rest of this season. Still, he’ll likely be past 200 games by the offseason and could plausibly double his current price tag which would be on the high side for someone in his role.
Signed Through 2026-27
F Josh Anderson ($5.5MM, UFA)
D Alexandre Carrier ($3.75MM, UFA)
F Phillip Danault ($5.5MM, UFA)
G Jakub Dobes ($965K, RFA)
F Brendan Gallagher ($6.5MM, UFA)
G Samuel Montembeault ($3.15MM, UFA)
F Alex Newhook ($2.9MM, RFA)
D Jayden Struble ($1.413MM, RFA)
After being on a bargain contract on his second deal, Gallagher’s contract has been anything but for the majority of it so far. At 33 with a lot of wear and tear on him, that’s probably not going to change. Now a full-time bottom-six player, he could be looking at a 50% drop in pay on his next contract. Anderson hasn’t provided a lot of value on his deal either as primarily a bottom-six piece as well but he’s a couple of years younger than Gallagher and provides a lot of physicality. It would be surprising to see him beat this amount on his next deal but the drop in salary might be pretty short overall.
Danault returned for his second stint in Montreal with a trade right before the holiday roster freeze. A legitimate two-way player early in his contract, he has been more of a defensive specialist the last couple of years. While that’s still a useful player, someone in that role isn’t going to provide great value at this price point. Like Anderson, he’s probably looking at a small cut in pay at a minimum.
Newhook hasn’t been able to lock down a full-time top-six spot like Montreal hoped when they got him a couple of years ago. He’s consistently in the 30-point range (though he was off to a better start this year before his long-term injury) and his positional versatility certainly helps so he’s someone they’ll likely want to keep when his deal is up. His qualifying offer drops to a manageable $2.1MM but, like Dach, a shorter-term contract that buys a year or two of team control might make the most sense; a contract like that could run near the $4MM range.
Carrier fit in quite well after being acquired from Nashville in a midseason trade, stabilizing the back half of their back end. A right-shot player who can cover 20 minutes a game when needed (even if that’s not the most optimal option for him), he should have a strong market in his next trip through free agency which likely pushes his price point past $4MM as well. Struble is in the first season of his bridge deal and has been in and out of the lineup early on. His situation resembles Xhekaj’s right down to playing on an identical cap percentage and, like Xhekaj, doubling this price tag could be doable depending on how things play out.
Last season, Montembeault showed some signs of becoming a legitimate starting goaltender which would be a promising development from a waiver claim a few years back. If he stayed on that trajectory, he could have found himself in the $6MM per season range on his next deal. But early-season struggles have probably scuttled those hopes. Now, he needs to reestablish himself as a starter before thinking about a big raise. Dobes is on his bridge deal and has established himself as a full-time NHLer. Depending on where he lands on the depth chart down the stretch and into next season, his next contract could range between $2MM and $5MM per season depending on how things go; the variance potential is quite high.
Signed Through 2027-28
F Alexandre Texier ($1MM in 2025-26, $2.5MM in 2026-27 and 2028, UFA)
Texier was signed recently after asking for a contract termination from St. Louis, taking a pay cut of more than 50% in the process. He got off to a strong start though, earning him a two-year extension soon after at a rate higher than the one he walked away from. If Texier can remain an impactful player, the Canadiens will do well here but if he goes back to being a depth player, they might wind up regretting this one.
Artemi Panarin Notes: Other Offers, Trade Timing, Contract
While there wasn’t much trade activity leading into the Olympic trade freeze, one of the biggest moves of the season was made when the Kings acquired winger Artemi Panarin from the Rangers in exchange for prospect winger Liam Greentree along with a 2026 conditional third-round pick that upgrades to a second-round selection if Los Angeles wins a round. Meanwhile, if they win two rounds, New York also collects a 2028 fourth-round selection. Panarin subsequently signed a two-year, $22MM extension shortly following the swap. With the dust now settled on the trade, here are some additional notes on the move.
- During his media availability following the swap (video link), Panarin stopped short of directly confirming that extension offers from the Rangers were low-ball proposals but did note that “I don’t know if I should say this but I feel like the contract offer (said), ‘We’re not sure if we want you or not.’” Over the offseason, it was reported that New York had approached Panarin’s camp with some proposals that would see him take a sizable pay cut to remain with the team with some willingness to get creative on the term. With those talks going nowhere, Panarin added that there wasn’t really any reengagement with the Rangers after that point on a new deal.
- While Panarin ultimately took the offer from Los Angeles, it was far from the biggest one on the table. Sportsnet’s Elliotte Friedman reported in his latest 32 Thoughts column that the Kraken made an offer of more than $14MM per season in an effort to try to convince Panarin to accept a trade to them. That would have nearly been double the highest amount that the team has given a player so far in their brief tenure with Vince Dunn being their current top-paid player at $7.35MM.
- From the standpoint of affordability, teams likely would have preferred the trade to come after the break when there would be less money remaining on his contract (even with the Rangers retaining 50% on his contract to facilitate the move as they did). However, Vince Z. Mercogliano of The Athletic relays (subscription link) that Panarin made it clear that his deadline was the trade freeze so that he would have ample time to settle in with his new club. That might have taken an interested team or two off the table as a result. That said, Panarin ultimately decided that the only team he’d accept a move to was the Kings so those other possibilities probably wouldn’t have happened anyway.
- PuckPedia has the breakdown of Panarin’s new deal. It’s predominantly paid in the form of signing bonuses to the tune of $20MM over the two years ($11MM for next season, $9MM for 2027-28) while he receives a base salary of $1MM in each season. Additionally, Panarin has a full no-move clause in this contract, just as he does in his current one.
Pavel Zacha To Miss Olympics
The Bruins will have one less participant at the upcoming Olympics while Czechia will be down a key center. The IIHF announced (Twitter link) that Pavel Zacha will not be participating in the event due to injury. He has been replaced by middleman Filip Chlapik.
Zacha has been dealing with a lower-body injury for a little more than a week after sustaining it late last month against Philadelphia, ultimately causing him to miss the Winter Classic as well. Originally, head coach Marco Sturm had noted that the injury wasn’t expected to force him to miss the Olympics which suggests that Zacha’s recovery hasn’t gone quite as well as they hoped so far. Now, he’ll get three extra weeks to recover before games resume toward the end of the month.
The 28-year-old is in the midst of a solid season, notching 15 goals and 22 assists in 54 games while averaging a little over 17 minutes per night of ice time. That production has been good enough to place him fourth in team scoring at the break.
It’s likely that Zacha would have had a similar role at the Olympics that he has in Boston, serving as a second-line center while seeing time on both special teams units. Coincidentally, he sits fourth in scoring among NHLers on the Czech roster, behind teammate David Pastrnak, Colorado’s Martin Necas, and Vegas’ Tomas Hertl.
As for Chlapik, he was a second-round pick by Ottawa in 2015 and got into 57 games with them over parts of four seasons before being granted his release back in 2021. Since then, he has spent the majority of his time playing at home with HC Sparta Praha and sits third in Extraliga scoring this season with 19 goals and 26 assists in 45 games.
Panthers Reassign Mikulas Hovorka
2/6/26: The Panthers reassigned Hovorka back to AHL Charlotte today. He played 11:27 time on ice in Florida’s loss to the Tampa Bay Lightning yesterday.
2/5/26: With the Panthers dealing with several injuries for their final game before the Olympic break against Tampa Bay, they needed some help on the back end. Accordingly, the team announced (Twitter link) that they’ve recalled Mikulas Hovorka from AHL Charlotte. To make room on the roster, blueliner Tobias Bjornfot was placed on injured reserve.
The 24-year-old is in his second season in North America since signing as an undrafted free agent with Florida back in 2024. Prior to tonight’s game, he had exclusively played in the minors with the Checkers. This season, Hovorka has two goals and eight assists in 30 games, meaning he has equaled his rookie-season output in half the games he played in 2024-25. However, given that the break is coming after tonight’s game, it’s a lock that he’ll be returned to Charlotte in the very near future.
As for Bjornfot, the nature of the injury is currently undisclosed but he sustained it on Wednesday against Boston. The 24-year-old was recalled last month and has seen fairly regular action since then. Bjornfot has played in 10 games with Florida this season, picking up two goals and one assist in 11:20 per night of playing time. Meanwhile, he hasn’t been much more productive in Charlotte as he has a goal and six helpers in 22 games with them. Bjornfot will be eligible to be activated in time for Florida’s next game on February 26th against Toronto.