Snapshots: Moser, Chychrun, Wennberg, Kraken
The Lightning will welcome back an important part of their defense corps on Sunday. Eduardo A. Encina of the Tampa Bay Times relays that J.J. Moser will be back in the lineup against Seattle after missing two-and-a-half months with a lower-body injury. The 24-year-old was an important part of the return for Tampa Bay in the Mikhail Sergachev trade from the draft and had 10 points in 27 games before the injury while averaging nearly 20 minutes per night of playing time. Moser was technically activated off IR before the break but the team elected to scratch him for their last game instead to give him more time to recover.
Elsewhere around the NHL:
- While Capitals defenseman Jakob Chychrun made it known last month that he’s open to signing a contract extension with Washington, he told reporters including Sammi Silber of The Hockey News (Twitter link) that there haven’t been any extension discussions since before the break. The 26-year-old has been a great addition for Washington, already notching 14 goals and 21 assists through 50 games while logging 21 minutes a night. He’s well on his way to earning a sizable raise on his current $4.6MM price tag but it doesn’t appear a new deal is coming in the near future.
- San Jose will get a key veteran center back for their upcoming seven-game road trip as Alexander Wennberg told reporters including Curtis Pashelka of The Mercury News (Twitter link) that he’ll be ready to return on Sunday. The 30-year-old has 23 points in 52 games for the Sharks this season and suffered an upper-body injury late last month.
- The Kraken have changed up their backup goalie. The team announced (Twitter link) that they’ve recalled Ales Stezka from AHL Coachella Valley and reassigned Victor Ostman to ECHL Kansas City, reversing the move made before the 4 Nations break. Stezka has been Seattle’s backup as of late after Philipp Grubauer was assigned to the Firebirds but has yet to make his NHL debut. He has a 2.99 GAA with a .902 SV% in 25 games this season. Ostman, meanwhile, is in his first full professional season after signing with Seattle as a college free agent last spring. He has played exclusively with the Mavericks, putting up a 2.44 GAA and a .905 SV% in 29 appearances.
Trade Deadline Primer: Pittsburgh Penguins
With the 4 Nations Face-Off break now almost over, the trade deadline looms large and is less than three weeks away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league with the Pittsburgh Penguins.
Things haven’t gone exactly as planned for the Penguins this season. After tweaking their roster, GM Kyle Dubas hoped that this group would be able to hang around the playoff picture. While they’re still within striking distance of a playoff spot, they’ve already dealt away their top rental, signaling that they will likely be subtracting from their roster once again at the deadline.
Record
23-25-9, 7th in the Metropolitan
Deadline Status
Seller
Deadline Cap Space
$9.88MM on deadline day, 2/3 retention slots used, 49/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2025: NYR 1st*, PIT 1st, MIN 3rd, OTT 3rd, PIT 3rd, PIT 4th, CHI 5th, NYR 5th, PIT 5th, PIT 6th, PIT 7th
2026: PIT 1st, PIT 2nd, STL 2nd, PIT 3rd, SJ 3rd, PIT 4th, NSH 6th, CHI 7th, PIT 7th
*-Top-13 protected; if it doesn’t convey this year, it becomes New York’s unprotected 2026 first-round selection.
Trade Chips
With Marcus Pettersson now in Vancouver from the trade at the beginning of the month, Pittsburgh’s top rental blueliner is long gone but Matt Grzelcyk is another who could draw interest. He struggled to start the season as he adjusted to his new team but he has played better in recent weeks leading up to the break. The 31-year-old has set a new career-high in points with 28 in 57 games, putting him second on the Penguins in points by a defenseman (behind Erik Karlsson but ahead of Kris Letang) while he’s logging over 20 minutes a night for the first time in his career. While Grzelcyk would likely be more of a third-pairing option on a contending team, his $2.75MM AAV is one that is reasonably affordable which should give Dubas some options if he wants to move out another rearguard.
Their other rental options are more of the depth variety. Anthony Beauvillier has a dozen goals in 56 games despite not even averaging 13 minutes a night and isn’t too pricey at $1.25MM. For a team looking for some low-cost scoring depth, he could be a viable option. When healthy, Matthew Nieto has been a capable checking winger. Staying healthy has been a challenge lately and he has struggled this year but at just $900K, it’s possible a team could flip a late-round pick to bring in some extra depth.
While Pittsburgh would undoubtedly want to get out of Tristan Jarry and Ryan Graves‘s contracts, that’s probably not happening. Nor is it likely that they’d move their older core group that they’re trying to build around. But even with that in mind, there are a few other possible trade options.
Rickard Rakell’s tenure with Pittsburgh has been a bit uneven but this has been one of the good years. He already has 25 goals this season, giving him a chance to surpass 30 for the first time since the 2017-18 campaign and sits second in team scoring behind Sidney Crosby while often playing with the captain on the top line. As far as trade value goes, it’s reasonably high, especially since he’s signed for three more years at $5MM. It doesn’t seem likely that the Penguins would embark on a larger-scale rebuild so he’s someone they’d probably prefer not to move so it will take a big offer to get him. That same sentence applies to winger Bryan Rust who is also in that price range.
Pittsburgh has a pair of bottom-six forwards who could attract some interest as well. Noel Acciari is a physical fourth-line center who has seven different seasons of playoff experience and had some success as a deadline pickup two years ago. He has one year left on his deal after this one at $2MM which is a salary that looks a bit more affordable with the big jump coming in the salary cap. The other is Blake Lizotte. He provides a bit more offense than Acciari and is capable of playing both center and the wing although he’s also undersized. He’s in Acciari’s price range with one year left on his deal as well at a $1.85MM price tag. Neither player would command a significant return but moving one of them would open up a roster spot to give one of their prospects in AHL Wilkes-Barre/Scranton an extended look.
Team Needs
1) Young Pros: Last year, we saw Dubas prioritize a nearer-future return in the Jake Guentzel trade, adding Vasiliy Ponomarev and Ville Koivunen as part of the package instead of picking up more draft picks. We also saw them add Rutger McGroarty, the more pro-ready piece, in a swap of first-round prospects with Winnipeg over the offseason. The emphasis is getting players who are closer to being NHL-ready who could still fit with the current veteran core. There’s no reason to think they won’t take a similar approach this time around.
2) Contract Flexibility: With only one open contract slot at the moment, that doesn’t give the Penguins much flexibility on that front, either in terms of adding more minor-pro players in a trade or even for the college free agent market if they need to burn a year now to entice a signing. Freeing up two or three slots would certainly help them on that front, especially when you keep in mind that contracts don’t expire until July 1st so having that extra wiggle room could also help them at draft time in trade discussions. It’s not a must-do but it would certainly be beneficial for them.
Photo courtesy of Imagn Images.
East Notes: Thompson, Pesce, Pacioretty, Pulock
Team USA has been given permission to bring Sabres center Tage Thompson and Devils defenseman Brett Pesce to Boston as standby players for Thursday’s 4 Nations Face-Off finale, reports Daily Faceoff’s Frank Seravalli. As was the case with Quinn Hughes who was initially intended as the reserve player, the only way Thompson or Pesce could suit up versus Canada is if Team USA drops below 12 healthy forwards or six healthy blueliners. Thompson was one of the more notable omissions from the initial roster and is averaging a point per game through 48 outings in Buffalo. Meanwhile, Pesce has been as advertised in his first season with New Jersey, logging nearly 21 minutes a night in a shutdown role in his 48 appearances.
More from the Eastern Conference:
- Maple Leafs winger Max Pacioretty left practice early today with head coach Craig Berube telling reporters including Terry Koshan of the Toronto Sun that the veteran tweaked something when he took to the ice. Berube added the injury isn’t believed to be too serious at first glance. Pacioretty has dealt with injuries off and on throughout the season and has been limited to 37 outings where he has five goals and eight assists while logging just 13:30 per game, his lowest ATOI since his rookie year back in 2008-09.
- Islanders defenseman Ryan Pulock took part in today’s practice in a non-contact jersey as he works his way back from an undisclosed injury sustained late last month. However, head coach Patrick Roy noted to reporters including Stefen Rosner of The Hockey News (Twitter link) that the blueliner’s availability for Sunday’s contest against Dallas remains uncertain. Pulock is logging nearly 22 minutes a night and has 16 points in 48 games and with the Isles just three points out of a share of the last playoff spot, getting him back soon would certainly help their fortunes.
Salary Cap Deep Dive: Florida Panthers
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 that don’t often see struggles and front office changes.
PHR is looking at every NHL team and giving a thorough look at their cap situation for the 2024-25 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 is the Canadiens.
Florida Panthers
Current Cap Hit: $87,250,999 (under the $88MM Upper Limit)
Entry-Level Contracts
F Mackie Samoskevich (one year, $925K)
Potential Bonuses
None
This is Samoskevich’s first full NHL season (aside from a brief cap-related stint in the minors). He’s holding down a regular spot in the bottom six but players in that role can’t command a long-term second contract. A two-year bridge deal in the $1.5MM to $1.75MM range feels like the right fit for him.
Signed Through 2024-25, Non-Entry-Level
F Sam Bennett ($4.425MM, UFA)
F Jesper Boqvist ($775K, RFA)
D Aaron Ekblad ($7.5MM, UFA)
F Tomas Nosek ($775K, UFA)
D Nate Schmidt ($800K, UFA)
Bennett is arguably Florida’s biggest decision to make when it comes to their upcoming free agents. He’s on pace for a career year offensively which certainly doesn’t hurt his cause but that’s only a part of his game. After splitting time at center and the wing in Calgary, he has become a full-time middleman with the Panthers. And, of course, his physicality makes him stand out at a position that doesn’t have a lot of power forwards. Bennett will hit the open market at 29 so a long-term deal will carry some risk but that’s unlikely to act as a deterrent for a lot of teams. If he signs elsewhere, a max-term seven-year agreement isn’t out of the question while adding at least $2MM to his current price tag.
Boqvist has rebounded nicely after a tough year in Boston that saw him get non-tendered. He already has set a new benchmark in goals and is close to matching his career high in points. That could allow him to double his current price tag with arbitration rights but that eligibility could work against him if the Panthers need to keep their end-of-roster spots at or near the league minimum. Nosek has largely stayed healthy this year which helps but he’s not as impactful at the faceoff dot as he used to be while his production is quite limited. A small raise could happen but if Florida wants to keep him, it wouldn’t be shocking if they tried to bring him back at the minimum.
Ekblad is the other free agent of significance that GM Bill Zito will need to try to re-sign. The 29-year-old has been an anchor on their back end for 11 years already after being the top pick in 2014. He hasn’t been able to get back to the top offensive level of a few years ago but he’s still a top-pairing, right-shot blueliner. A big raise might not be likely as the contract will have some of his declining years but a near max-term deal around this price point could be doable. Schmidt quickly caught on with the Panthers after Winnipeg bought him out and he has held down a spot on the third pairing. If a team still views him as a second-pairing piece, he could get back into the $2.5MM range or so but if he’s valued in a fifth or sixth role, his market value might be closer to $2MM.
Signed Through 2025-26
D Uvis Balinskis ($850K, UFA)
G Sergei Bobrovsky ($10MM, UFA)
F Jonah Gadjovich ($775K, UFA)
F A.J. Greer ($850K, UFA)
G Spencer Knight ($4.5MM, RFA)
D Niko Mikkola ($2.5MM, UFA)
Greer has become a capable fourth line energy winger in recent years but doesn’t provide much offense to go along with that which limits his market to a point. Still, now that he’s a bit more proven in that role, he could make a case to push past $1MM on his next deal. Gadjovich has had to take a minor league deal before and with the limited role he has, he’s quite likely to stay at the minimum moving forward.
Mikkola has been counted on more since joining Florida, playing regularly in their top four while playing more of a throwback shutdown role. While he’s not much of a point producer, his defensive play and physicality should give him a much stronger market in 2026 which could push his cost past $4MM per season. Balinskis is Florida’s sixth defender and has even played up front a bit. His limited playing time will likely keep him viewed as a sixth or seventh blueliner which will probably keep him at least close to this price tag.
Bobrovsky has been hit or miss throughout his tenure in Florida with last season being one of the high points. But he’s the highest-paid active netminder in the league (until next season) and that type of volatility isn’t the most ideal. Notably, Bobrovsky will be entering his age-38-year on his next deal. If he’s still a full-fledged starter then, he could land around $6MM or so but a lot could change between now and then. Knight, meanwhile, is back up after spending last year in the minors, hardly great value for his price tag. He’s done well so far and is starting to make a push for more playing time. Florida’s hope will be that he can be their starter of the future and the limited action the last two years might keep the cost a little lower. Still, he’ll be owed a $4.5MM qualifying offer with arbitration rights so if the Panthers want to keep him around, it will likely cost $5MM to do so, more if he’s the full-fledged starter by then.
Signed Through 2026-27
F Eetu Luostarinen ($3MM, UFA)
F Evan Rodrigues ($3MM, UFA)
After his run through free agency in 2022 didn’t go as planned, Rodrigues jumped at the stability of a four-year offer from Florida the following summer, one that looked pretty team-friendly then and that hasn’t changed. A versatile player who can play up and down the lineup for this price is a good deal. Rodrigues should be able to command more on the open market next time out but there was a case for that to happen on his last two trips on the open market too. Luostarinen has worked his way up the depth chart which helped secure this extension last season. If he can get back to being a 40-point player as he was a couple of years back, he could add another million or so on his next deal. If not, the raise could be a bit smaller for him.
Snapshots: Ullmark, Milano, Utah
While Senators goaltender Linus Ullmark was supposed to get the start in tonight’s 4 Nations Face-Off finale for Sweden, that’s no longer the case. Aftonbladet’s Hans Abrahamsson first reported that the netminder is sick and won’t suit up versus Team USA. With Filip Gustavsson leaving Saturday’s game early with an illness as well, it will be Samuel Ersson who gets the nod. Ullmark was widely expected to be Sweden’s starter for this event but will wind up playing in just two periods overall, taking the overtime loss versus Finland. The outcome of this game will have no bearing on Thursday’s final as that will be a matchup of Canada and Team USA after Canada won their game in regulation this afternoon over Finland.
Elsewhere around the hockey world:
- Sammi Silber of The Hockey News relays that while Capitals winger Sonny Milano was skating in a non-contact jersey before the 4 Nations break, he’s still a ways away from returning to the lineup. The 28-year-old suffered an upper-body injury in his third game of the season and hasn’t played since. Assuming he’ll see some time with AHL Hershey on a conditioning assignment, it’s possible that Milano won’t be back until after the trade deadline when roster maximum sizes are no longer in effect.
- In an interview with Craig Morgan on Utah HC’s team site, GM Bill Armstrong indicated that there’s a chance that they could have all their injured players back coming out of the break. Center Logan Cooley suffered a lower-body injury at the end of January while blueliner Sean Durzi (shoulder) has been out since mid-October; getting both of them back would be a big boost for their attack. Meanwhile, defenseman Robert Bortuzzo (lower body) has missed more than a month while goalie Connor Ingram left the final game before the break with an upper-body issue so it appears they’re close to returning as well.
- From that same interview, Armstrong suggested that Utah has already done most of its team building already from the summer and early-season trade activity so the team is “already built to some degree”. They have six games left before the trade deadline and are six points out of the final Wild Card spot so being buyers would be a bit of a surprise. With that in mind, instead of team building, they could be doing some trimming with centers Alexander Kerfoot and Nick Bjugstad, blueliners Ian Cole and Olli Maatta, and goaltender Karel Vejmelka among the long list of pending unrestricted free agents this summer.
Five Key Stories: 2/10/25 – 2/16/25
The 4 Nations Face-Off has hit the halfway mark and with there being no NHL games on the slate, it was a relatively quiet week around the hockey world aside from the four tournament games. Nonetheless, there was still some news of note which is recapped in our key stories.
More International Hockey: We saw the return of best-on-best hockey (at least for four countries) with the 4 Nations tournament and there will be another event next year with the Olympics. Another tournament has been added to the calendar as the World Cup of Hockey will make its return in 2028. The last time this was played was back in 2016 with Canada taking the best-of-three series over Team Europe to win the title. As is the case with the 4 Nations Face-Off, this event will not fall under the IIHF’s umbrella while it remains to be seen if Russia, who has been excluded from international events in recent years, will be allowed to participate in this one.
Extension For Steel: While transaction activity has been extremely limited over the past week, the Stars took care of one of their pending unrestricted free agents, signing center Sam Steel to a two-year, $4.2MM extension. The 27-year-old is in his second season in Dallas, returning despite being non-tendered last summer. Steel hasn’t been able to come close to replicating the type of offensive success that he had at the junior level but he has turned into a reliable checker; he leads all Stars forwards in ATOI shorthanded. The deal represents a nice raise for the 27-year-old as he will go from making $1.2MM this season to an AAV of $2.1MM for next year.
Theodore Exits 4 Nations: Golden Knights defenseman Shea Theodore was pegged to play a significant role for Canada at the 4 Nations Face-Off. However, his tournament lasted only a handful of shifts as he suffered an upper-body injury in the opener and was quickly ruled out for the rest of the event. Subsequently, Vegas announced that the blueliner is expected to be out on a week-to-week basis. The 29-year-old sits fourth among all NHL rearguards in scoring with 48 points in 55 games while averaging over 22 minutes. His exit comes on the heels of Vegas teammate Alex Pietrangelo withdrawing from the tournament to nurse a nagging injury as the Golden Knights will be dealing with a banged-up back end when the season resumes this coming weekend. Theodore’s absence resulted in Dallas defender Thomas Harley being put on standby to join the team, something that has since happened with Cale Makar battling an illness.
Calling It A Career: Long-time NHL winger Loui Eriksson has called it a career, announcing his retirement at the age of 39. Eriksson played in 16 seasons at the top level with four different organizations, spanning 1,050 games altogether. He picked up 253 goals and 360 assists over that time with his best years coming between 2009-10 and 2011-12 with Dallas where he notched at least 71 points in each of those three seasons. Eriksson also finished in the top five in Lady Byng Trophy voting three times. After his final NHL campaign in 2021-22, he wrapped up his playing career with Frolunda in the SHL, returning to the program he came up with in his junior days.
Dobson Changes Agents: Islanders defenseman Noah Dobson has been talked about a lot lately. There was recent trade speculation which was quickly refuted but not long after that, he changed agencies, moving to Wasserman. Speculatively, the change likely doesn’t relate to the trade speculation but rather to the fact he has a contract negotiation on the horizon. The 25-year-old had a breakout year last season, tallying 70 points in 79 games while logging 24:31 per night. He hasn’t been producing at quite the same pace this year though but either way, he’s in for a substantial raise from the $4MM he’s receiving this season. With arbitration rights, Dobson is in line to more than double that on his next deal, one that will have a new agent working on it.
Photo courtesy of Imagn Images.
East Notes: Byram, Grzelcyk, Lafreniere
Between the pending jump in the salary cap over the next few seasons and the fact the Sabres are paying Owen Power $8.35MM, Mike Harrington of The Buffalo News believes that blueliner Bowen Byram’s next contract could run past the $9MM range. The 23-year-old has already matched his career high in points, notching 29 through Buffalo’s first 54 games. He’s also averaging more than 23 minutes a night of playing time, a number that would also be a career-best if that holds up down the stretch. Giving Byram that much would have the Sabres spending close to $30MM on their top three defenders but it would also give them plenty of upside at that position for a while. Byram is a pending restricted free agent with salary arbitration eligibility this summer and will be owed a $4.62MM qualifying offer in late June.
Elsewhere in the Eastern Conference:
- Earlier this month, the Penguins moved one of their pending unrestricted free agents on the back end when Marcus Pettersson was dealt to Vancouver. They still have another pending UFA blueliner in Matt Grzelcyk. However, Matt Vensel of the Pittsburgh Post-Gazette wonders if the fact that Pettersson is gone and that Grzelcyk has had a bounce-back year could mean that Pittsburgh could consider keeping him around beyond this season if they don’t get a compelling offer for him by the trade deadline. The 31-year-old has 28 points in 57 games and is averaging over 20 minutes a night for the first time which is pretty good value on a one-year, $2.75MM contract signed last summer.
- Larry Brooks of the New York Post suggests (subscription link) that the Rangers might want to consider trading winger Alexis Lafreniere, suggesting Anaheim’s Trevor Zegras as a possible target in a swap that wouldn’t be just one-for-one. Lafreniere got off to a solid start this season, earning himself a seven-year, $52.15MM extension in late October. However, since the contract, he has just 25 points in 48 games, numbers that are decent while he’s still on his entry-level deal but expectations will be higher moving forward. Brooks questions if the 23-year-old will be able to play to his full potential in New York, wondering if a swap of highly touted but underachieving young forwards might be the better way to go.
Oilers Not Planning To Ask Jeff Skinner To Waive No-Move Clause
When the Oilers signed Jeff Skinner to a one-year, $3MM contract after being bought out by Buffalo, the move received plenty of praise with Edmonton addressing the need for more scoring depth. However, things haven’t gone as planned since then. Not only did his addition squeeze the team’s cap situation which played a role in the successful offer sheets for Philip Broberg and Dylan Holloway but Skinner has struggled relative to expectations in 2024-25.
Skinner has been made a healthy scratch six times so far this season, all coming in the six weeks before the 4 Nations break. When he has played, he hasn’t been the most productive, notching 10 goals and 10 assists in 49 games. For context, the 32-year-old had managed at least 24 tallies in each of the last three seasons. Playing time has been harder to come by as well as he’s logging just 12:29 per night, by far the lowest ATOI of his career.
Given that Skinner’s fit hasn’t been the best so far, the fact that Edmonton doesn’t have a lot of cap flexibility, and the fact that their current GM isn’t the player who signed Skinner to this contract, some have wondered if Edmonton might try to cut bait with Skinner. However, GM Stan Bowman recently told Daniel Nugent-Bowman of The Athletic (subscription link) that he doesn’t envision that he will go to the veteran and ask him to waive his no-move clause which would seemingly scuttle any thought of a trade at this time.
Edmonton’s deadline plans will largely revolve around injured winger Evander Kane who has yet to play this season while recovering from multiple surgeries. At the moment, they project to only have $947K in cap space at the deadline, per PuckPedia, which obviously doesn’t give them much flexibility and puts them in a spot where they’d need to clear out money to make any sort of impactful addition, hence the speculation around Skinner.
But if Kane is unable to return this season, Edmonton would be able to go into LTIR which could free up around $5MM in extra spending room (the exact amount would vary depending on how close to the cap ceiling they could get at the time of placement), thus negating the need to clear out money. Bowman told Nugent-Bowman that there remains no update on Kane’s status but anticipates that they’ll have at least a bit of a better understanding of his recovery timeline by the time the trade deadline comes around.
For now, at least, the Oilers have to operate with very limited financial flexibility which will make adding anything of consequence at the trade deadline a challenge. But if they do need to move money out to facilitate a move, it doesn’t appear that Skinner will be the one losing his spot.
Ducks Terminate SHL Loan Agreement For Damian Clara
Saturday: Clara’s next team is now known as Karpat in Finland’s Liiga announced that the netminder is joining them for the remainder of the season. He’s expected to report to the team on Sunday.
Friday: Generally, when an NHL-contracted prospect is loaned overseas, that loan is for the duration of the season. However, in rare occasions, the NHL club can try to end it prematurely. That appears to be the case for Ducks prospect Damian Clara. Originally on loan to SHL Farjestad, the team announced that at Anaheim’s request, Clara has been released to play elsewhere.
The Ducks drafted the 20-year-old 60th overall in the 2023 draft, making him the fifth goalie off the board. He spent that season with Farjestad’s junior team and while his numbers weren’t particularly strong (a 2.79 GAA with a .903 SV% in 35 games), the fact he stands six-foot-six and some of his raw tools made him a popular speculative sleeper pick heading into the draft. Clearly, Anaheim felt he had enough upside to be one of the first goalies taken.
Clara had a strong showing in 2023-24, putting up a 2.23 GAA with a .913 SV% in 34 games with Brynas of the second-tier Allsvenskan and was even better in the playoffs as they were able to gain promotion to the SHL this season. He did well enough to sign his entry-level deal back in June but was loaned out again for this season.
However, Clara returned to Farjestad instead of remaining with Brynas. This season, he had a 3.19 GAA with a .879 SV% in 21 outings, splitting time with former NHL goalie Maxime Lagace. However, Farjestad recently signed another former NHL netminder, Anders Lindback, making Clara the third-string option.
To that end, Farjestad’s release announced that the Ducks were terminating the loan agreement due to a lack of playing time. Where he plays next remains to be seen but they will need to decide quickly as the international transfer window closes at 4:59 PM CT on Saturday. If an international opportunity doesn’t present itself in the coming hours, it stands to reason that Clara would come to North America and report either to AHL San Diego or ECHL Tulsa.
Salary Cap Deep Dive: Detroit Red Wings
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 that don’t often see struggles and front office changes.
PHR is looking at every NHL team and giving a thorough look at their cap situation for the 2024-25 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 is the Red Wings.
Detroit Red Wings
Current Cap Hit: $85,238,023 (under the $88MM Upper Limit)
Entry-Level Contracts
D Simon Edvinsson (two years, $894.1K)
F Marco Kasper (three years, $886.7K)
Potential Bonuses
Edvinsson: $850K
Kasper: $1MM
Total: $1.85MM
Kasper’s first full NHL season has been solid thus far with the Red Wings not throwing a lot at him, allowing him to ease his way in. That doesn’t necessarily bode well for him from a bonus perspective but development-wise, it’s not a bad strategy. At this point, it would seem like a bridge contract would make sense for his next contract but a breakout effort next year could change those plans.
Edvinsson has certainly been an impactful blueliner in his first full NHL campaign. The offensive numbers don’t jump off the chart but defensively, he’s quickly becoming a core piece. Speculatively, he’s someone Detroit might want to bypass a bridge deal with in 2026 and if his production stays around the level it is now, he won’t be able to command top dollar. He could seemingly use Kaiden Guhle’s contract as a barometer ($5.5MM AAV for six years) although in a higher cap environment, the comparable could push past the $6MM mark on a deal of that length. Bonus-wise, he’s well on his way to reaching two of his four ‘A’ bonuses (ATOI and plus/minus) while he’s within striking distance hitting the other two with blocks and assists.
Signed Through 2024-25, Non-Entry-Level
F Jonatan Berggren ($825K, RFA)
D Albert Johansson ($775K, RFA)
F Christian Fischer ($1.125MM, UFA)
G Ville Husso ($4.75MM, UFA)
F Patrick Kane ($4MM, UFA)
G Alex Lyon ($900K, UFA)
F Tyler Motte ($800K, UFA)
D Jeff Petry ($2.344MM, UFA)*
*-Montreal is retaining $2.344MM on Petry’s deal while Pittsburgh is retaining an additional $1.563MM.
Potential Bonuses
Kane: $2.5MM
Kane’s second season with the Red Wings hasn’t gone quite as well as his first. After hovering near the point-per-game mark in 2023-24, he isn’t producing close to that level this year while dealing with some injuries. Nonetheless, the bonus-laden structure shields Detroit a bit. Speaking of those bonuses, he has already reached $1.5MM of those and if he stays healthy the rest of the way, he’ll get at least another $250K. The other $750K ($500K for making the playoffs and $250K for making the playoffs and getting 60 points) are less likely although if Detroit was to move Kane to a contender at the trade deadline, he could still reach that. With how this year has gone, a similar one-year deal could still be doable, perhaps with a bit less guaranteed money in there.
Fischer is having a rough year and while he has a track record of being a good fourth liner, a small dip into the six figures still seems likely for him. Berggren has arbitration eligibility and with a 28-point rookie season under his belt and being on pace for a similar number this year, doubling his current price tag could be doable. If Detroit doesn’t want to take the risk of an award from a hearing, he could be a non-tender candidate as well. Motte has been just above the minimum salary the last couple of years and although he’s a serviceable penalty killer, it’s possible he might wind up dropping to the minimum salary of $775K for next season.
For many years, Petry was a solid top-four defender who could handle top-pairing minutes when needed. That’s not the case anymore. He’s more of a fourth or fifth option at this point and at 37, there’s a risk of the decline being fairly steep. Accordingly, he’s likely looking at going year-to-year now. Something around the price that Detroit is responsible for on his current contract might be reasonable with some incentives pushing the potential total past the $3MM mark as well. Johansson is in his first NHL season and has had a limited role thus far. He’s arbitration-eligible as well which should allow him to get more than his $813K qualifying offer. Something a little closer to the $1MM mark could be doable.
Lyon has become quite a bargain for Detroit. Originally viewed as a third-string option, he took over as the starter last year and has improved on those numbers this season albeit in more of a backup role. With the way the market has gone for higher-end backups lately, a short-term deal around the $3MM mark is where his market could fall. Husso, on the other hand, was supposed to be the starter when acquired but has played his way down to third-string status. It’s hard to see him getting an offer to be a backup goalie this summer but because he has done well in the minors and has a bit of a track record in the AHL, he could land a deal similar to what Lyon’s getting now, a one-way pact worth more than the minimum to be an experienced third option.
Signed Through 2025-26
D Ben Chiarot ($4.75MM, UFA)
D Erik Gustafsson ($2MM, UFA)
D Justin Holl (3.4MM, UFA)
G Cam Talbot ($2.5MM, UFA)
F Vladimir Tarasenko ($4.75MM, UFA)
F Joe Veleno ($2.275MM, RFA)
Tarasenko had to settle for a one-year deal in 2023 and, despite having a solid season, he didn’t seem to have a strong market last summer, yielding this two-year pact at a small pay cut instead. This season hasn’t gone well for the 33-year-old and it’s possible that Detroit looks to try to move him to get out of the second year of the contract. If this production carries over into next season, he could be dropping closer to the $3MM range on his next deal. Veleno has never been able to carry over his offensive success in junior to the pros although he has become a capable checker. His deal is a little front-loaded, meaning the qualifying offer only checks in at $1.75MM which is notable as if his usage continues as more of a fourth liner, that’s more of the price range he should be in. He’ll be arbitration-eligible and a likely non-tender candidate if a deal can’t be reached by the start of the 2026 free agent period.
Chiarot’s contract drew some ire when it was signed a couple of years ago as a high price for someone who’s probably best served in a fourth role. He plays enough to make the price tag somewhat reasonable although for someone who doesn’t contribute a lot offensively, it’s still on the high side and it’s one Detroit could try to get out of if they want to open up some flexibility this summer. He’ll be 35 for his next trip on the open market and it’s hard to imagine he’d get this type of money again. A deal with an AAV starting with a three might be more plausible.
Holl’s contract seemed like quite an overpayment given his limited usage late in his time with Toronto. Unfortunately for them, that has largely been the case. He cleared waivers in October but has spent most of the year with Detroit in a limited role. He’s a possible buyout candidate or could be moved with retention. Either way, his next deal might not be worth half of this one. Gustafsson had a strong year with the Rangers which allowed him to get a multi-year contract for the first time since 2018. He hasn’t produced at the same level with the Red Wings but the cost is low enough that it shouldn’t be much of a burden. He’ll need to pick up the pace in terms of his points though as otherwise, he’s probably back in the year-to-year territory with a cost closer to half of what he’s making now.
Talbot opted for the security of a two-year deal last summer over going year-to-year which, at 37, probably wasn’t a bad strategy for someone viewed as more of a platoon option at this point. He has been more than that for Detroit as he has been their primary netminder while putting up numbers above league average. That said, if there’s another contract coming, it’d be for his age-39 year so the cost will likely be low even if he keeps up this level of performance.
Signed Through 2026-27
F Andrew Copp ($5.625MM, UFA)
F Alex DeBrincat ($7.875MM, UFA)
DeBrincat and the Red Wings couldn’t work out a long-term deal after he was acquired so the sides settled on a medium-term pact instead. It’s working out reasonably well so far although the price tag is a little high for someone whose production is in the lower-end range for a top-line winger. That said, by the time DeBrincat reaches free agency (when the salary cap is much higher), he could still be in line for a raise if he stays in the 25-30-goal, 60-plus-point range. Copp received this contract coming off a career year, one he hasn’t been able to repeat since then. He’s more of a bottom-six pivot getting paid as a second-liner which isn’t great value but he is a valuable secondary piece nonetheless.
