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Salary Cap Deep Dive: New York Rangers

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Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert 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 heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

New York Rangers

Current Cap Hit: $73,823,569 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Pavel Buchnevich (one year remaining, $925K)
D Neal Pionk (one year remaining, $925K)
F Lias Andersson (three years remaining, $894K)
F Filip Chytil (three years remaining, $894K)
D Anthony DeAngelo (one year remaining, $863K)
G Alexandar Georgiev (two years remaining, $793K)

Potential Bonuses

Pionk: $850K
Andersson: $850K
Deangelo: $400K
Chytil: $350K

Total: $2.45MM

With the team in quick rebuild mode, there are some entry-level deals already and if the team continues to trend in that direction, they will have quite a bit more. The team’s most prominent player at the NHL level to date would be Buchnevich, who improved on his rookie campaign with a 14-goal, 43-point season last year. He saw more ice time as well, improving from 13:16 ATOI to 15:01 as well as saw significant time on the team’s power play, potting five goals and 11 assists with the man advantage and has earned himself a solid spot in the team’s top-six. Another improved season could see him being an expensive restricted free agent.

The team has high expectations for their two 2017 first-rounders in Andersson and Chytil. Both have shown excellent skills and have received some time playing for the NHL with Andersson seeing seven games, while saw nine games. Both are expected to earn time with the Rangers out of training camp, but both may find themselves on bottom-six lines unless they can prove that they can center the second or third lines in training camp.

One Year Remaining, Non-Entry-Level

F Kevin Hayes ($5.18MM, UFA)
F Mats Zuccarello ($4.5MM, UFA)
D Rob O’Gara ($874K, RFA)
F Cody McLeod ($750K, UFA)
D Fredrik Claesson ($863K, RFA)
F Peter Holland ($675K, UFA)
D Steven Kampfer ($650K, UFA)
G Marek Mazanec ($650K, UFA)

The team agreed to a one-year deal with Hayes, avoiding arbitration, but now face the possibility that Hayes could walk away at the end of the season as he will be unrestricted, which will force the team into two possible directions, including attempting to work out a long-term deal with the team after Jan. 1, 2019, or trading him, possibly at the trading deadline if the two sides can’t agree on anything. Hayes, who has been a jack of all trades playing multiple positions, seems to have developed into a solid center as he produced his best season ever, which included 25 goals, eight more than any previous year. The question is, do the Rangers view him as a fixture in their lineup as they continue to rebuild?

At age 30, Zuccarrello still puts up solid numbers, but despite the high-end minutes that the veteran gets, he falls into a similar category to that of Hayes where you have to ask whether he is in the team’s long-term plans. The winger is penciled in to play on the team’s top line once again, but has only put up 31 goals over the past two seasons. He does produce quite a few assists (81 over the past two years), but what the Rangers need more than anything is goals. Zuccarello will also turn 32 before he begins his next contract and at that age, how long are the Rangers willing to commit to him?

Two Years Remaining

F Chris Kreider ($4.63MM, UFA)
F Ryan Spooner ($4MM, UFA)
F Vladislav Namestnikov ($4MM, UFA)
F Jimmy Vesey ($2.28MM, UFA)
F Matt Beleskey ($1.9MM, UFA)
F Jesper Fast ($1.85MM, UFA)

Kreider is coming off a tough year in which he had to deal with blood clots and had surgery to relieve the pressure and missed almost two months of time. The 27-year-old didn’t have as solid of a season as he tallied just 16 goals in 58 games, which is a far cry from the 28 goals he scored in 2016-17 although a lot of that is due to the fact that his playing time dipped as the team didn’t want to play him too many minutes due to the blood clot issue. Regardless with a full offseason to rest and recuperate, Kreider should be able to bounce back as one of the team’s top scorers.

The team also have high expectations from two other forwards that the team acquired through at the trade deadline a year ago in Namestnikov and Spooner. Namestnikov was the biggest name to arrive in New York in the Ryan McDonagh trade with Tampa Bay. He was a key player for the Lightning, posting 20 goals and 44 points with them, but he actually lost playing time once he arrived in New York and put up just two goals and four points in 19 games. The team hopes that a new coach and proper training camp with his new team will make quite a difference. Spooner came over in the Rick Nash trade with Boston and has posted solid numbers with the Bruins over the past few seasons and could turn out to be a top-six wing or third-line center in New York. Between the two teams, Spooner combined for 13 goals and 28 assists.

The team also expect big things from Vesey, who signed as a undrafted collegiate free agent a couple of years ago and if finally starting to show that he belongs in the NHL. The 25-year-old winger has put up solid numbers for two years, but could find himself getting more opportunities in the team’s rebuild. In two years, he’s combined for 33 goals and 55 points.

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Atlantic Notes: Red Wings, Krug, Reinhart, Kotkaniemi

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With the last piece of major housekeeping completed in Detroit after the Red Wings signed star Dylan Larkin to a five-year, $30.5MM deal, the team now has to take a look at their salary cap, which they will be over, even after they move forward Johan Franzen to LTIR. General manager Ken Holland told The Athletic’s Craig Custance, they will likely be “in the neighborhood” of $1MM over the cap.

“We’re very tight,” Holland said on Friday of the cap situation. “With this deal, we’re probably a dribble over. Not a lot, but we’re over. We’re going to have to make some decisions moving forward.”

One possibility would be to bury the contracts of Martin Frk and Luke Witkowski in the minors. However, if the team believes that veteran Henrik Zetterberg could end up missing the season as his injuries haven’t improved this summer, the team could place him on LTIR as well and wouldn’t have anything else to worry about. Custance adds, however, that if Zetterberg does return, that likely would end the chances of 2018 first-round pick Filip Zadina of making the roster out of training camp.

  • In a mailbag series, Joe Haggerty of NBC Sports writes that with eight quality NHL defenseman on the roster, the team will likely make a trade before the season starts. The team has Torey Krug, Zdeno Chara, Adam McQuaid, John Moore, Kevan Miller, Matt Grzelcyk, Charlie McAvoy and Brandon Carlo on the roster. The scribe writes that could mean that the team might be ready to move Krug if the team can get a big return for the blueliner. And they would need to, as Krug is one of the top offensive defensemen in the league as only Erik Karlsson, Victor Hedman, Brent Burns and John Klingberg have more points over the last two seasons. He has 22 goals and 110 points combined in that time.
  • The Athletic’s Ryan Stimson (subscription required) wonders where restricted free agent Sam Reinhart should play next year in the Buffalo Sabres’ lineup once he signs. The 22-year-old center has been a decent center for the Sabres in the past, but saw his game blossom once he was moved up and played on the wing next to top-line center Jack Eichel. With the team moving on from Ryan O’Reilly and bringing in prospect Casey Mittelstadt, what should the team do with Reinhart? The scribe breaks down Reinhart’s game and wonders if it would be best for the youngster to take over the team’s No. 2 center position and ease Mittelstadt in.
  • The Athletic’s Mitch Brown (subscription required) ranks the Montreal Canadiens’ top five prospects with 2018 third-overall pick Jesperi Kotkaniemi listed as their top prospect. The young centerman, who flew up the draft boards in the final weeks, anchors a list of prospects that Brown believes is the most exciting in the last five or six years. He has been successful playing in the SM-liiga as an 18-year-old and is expected to fill that long-waited hole in the middle.

Anaheim Ducks Sign Isac Lundestrom To Entry-Level Contract

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Tuesday: The Ducks have now formally announced the contract for Lundestrom.

Monday: CapFriendly clarifies that Lundestrom’s European Assignment Clause is only for the 2018-19 season.  They also report that the contract is for the maximum entry-level salary of $925K but contains no performance bonuses.

Saturday: The Anaheim Ducks have l0cked up their first-round pick from this year’s draft as they signed center Isac Lundestrom to a three-year entry-level deal, according to TVA’s Renaud Lavoie. The deal also has a European clause, meaning he can return to Europe if he’s not playing in the NHL.

The 18-year-old center was drafted with the 23rd pick in this year’s draft after having played for two full seasons in the SHL. He became the youngest scorer in the SHL just before his 17th birthday. This past season, he posted six goals and 15 points last season for Lulea and also posted a pair of goals at last year’s World Junior Championships in Buffalo.

Lundestrom is considered to be a prospect with no elite skills, but solid all-around. He is considered to be a solid skater with an accurate, quick shot. While his draft status was expected to increase with the lack of quality centers in this draft, Lundestrom dropped as many had him projected to go between 14 and 20. Because the 18-year-old is not a polished player, it might take a few years for him before he’s ready for an NHL role, hence the European clause.

Snapshots: Gibson, Kesler, Subban, Cross

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While the Anaheim Ducks didn’t have to discuss a long-term extension with goaltender John Gibson this summer, the team wanted to get their 25-year-old netminder signed as quickly as possible, according to The Athletic’s Eric Stephens (subscription required). They did that Saturday when they signed him to an eight-year, $51.2MM signing with an AAV of $6.4MM.

One of the key reasons general manager Bob Murray and the Ducks negotiated the deal now was the team wanted to avoid the possibility that Gibson would have an even greater year than what he had, which would have driven up the price even more. The team now expects Gibson to raise his game anyway as he must improve his playoffs stats and attempt to remain healthy, which has occasionally been a problem, because eight years is a long ways down the road.

  • In an interview with Anaheim Ducks coach Randy Carlyle, The Athletic’s Lisa Dillman (subscription required) asked several questions about Ryan Kesler, who missed the first three months of last season after undergoing hip surgery in the offseason, and really struggled after returning. With rumors of Kesler potentially missing more time or sitting out an entire season this year, Carlyle said everything will come down to training camp. “His body will have three months of rest and rehabilitation,” said Carlyle. “Now here we go, training camp is going to be another test. What he went through last year wasn’t what he envisioned or we envisioned. He’s a guy who is very determined. I don’t think it’s about excuses. It’s about finding the right fit. It’s hard to point a finger in any one direction when you’ve got people that are not 100 percent. We’ll support the players and try to find the right combination. But we went through this once. I’m sure we’re not going to take the same route as we did the last time. There’s going to have to be a different approach taken.”
  • Las Vegas Review-Journal’s Ed Graney wonders whether the Vegas Golden Knights should be worried about their backup goaltending situation. The team had issues with 33-year-old starter Marc-Andre Fleury in the past as he missed two months earlier in the season due to a possible concussion. The team has 24-year-old Malcolm Subban as the backup, but he also dealt with numerous injuries throughout the season and then the playoffs. While Subban finished the season with 13 victories in 22 appearances, his numbers weren’t that good as he posted a 2.68 GAA and a .910 save percentage. Is he the goaltender of the future? Most don’t think so.
  • The Athletic’s Fluto Shinzawa (subscription required) featured veteran minor league defenseman Tommy Cross, who didn’t want to leave the Boston Bruins. However, with a goal to become an NHL-level defenseman and time running out, the 28-year-old blueliner opted to sign with the Columbus Blue Jackets. Cross has played 279 games with the Providence Bruins in the AHL after signing out of Boston College, but has managed to appear in just six NHL games so far and been passed over by so many prospects that the three-year AHL captain felt it was time to move on.

Salary Cap Deep Dive: Vegas Golden Knights

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Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert 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 heading into the 2018-19 season. This will focus more on those players who are integral parts of 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: $70,812,500 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Alex Tuch (One year remaining, $925K)
D Zach Whitecloud (Two years remaining, $925K)

Among the many things that went right for Vegas was the play of Tuch, who was a surprise in training camp and quickly earned himself a full-time role. The 6-foot-4, 222-pound winger had an impressive rookie season with the Golden Knights, scoring 15 goals and 37 points with much of his playing time coming with the team’s third line. He only improved over time, showing an ability to get into the corners and extend offensive opportunities for the team. He tallied six goals in the playoffs as well, which allowed the Golden Knights to let go veterans James Neal and David Perron, knowing that the 22-year-old Tuch is ready to take his game to the next level. With one year remaining on his entry-level deal, expect him to become a key restricted free agent for the team next season.

Potential Bonuses

Tuch: $93K
Whitecloud: $93K

Total: $186K

One Year Remaining, Non Entry-Level

F William Karlsson ($5.25MM, RFA)
D Nate Schmidt ($2.23MM, UFA)
F Oscar Lindberg ($1.7MM, UFA)
D Deryk Engelland ($1.5MM, UFA)
F Pierre-Edouard Bellemare ($1.45MM, UFA)
F Tomas Nosek ($963K, RFA)
F Ryan Carpenter ($650K, UFA)
D Brad Hunt ($650K, UFA)
G Malcolm Subban ($650K, RFA)

The most important piece the Vegas Golden Knights need to lock up is Karlsson, who just signed a one-year deal with Vegas Saturday. However, now the team has just one year to lock up Karlsson, the team’s top scorer, to a long-term extension. Less than a year, actually, as the team can’t agree to an extension until Jan. 1, 2019. That gives Vegas time to see how 25-year-old will respond in his second year. After piling up 43 goals last season (and seven more in the playoffs), the team wants to see that he can put up similar numbers before handing him a major deal considering the most he’s ever scored in his NHL career was nine goals.

The team will also have to lock up the speedy Schmidt, as well to a long-term deal at some point. The 27-year-old was a key figure on the Golden Knights defense, posting career highs of five goals and 36 points, but also showed his mettle in the playoffs, putting up another three goals and seven points. He could easily get a similar deal to the one that Miller signed with the team (four years, $15.5MM) earlier in the offseason. With an influx of prospects likely to hitting the team for the 2019-20 season, several veterans will have to prove they deserve new contracts this coming  year, including Lindberg, Bellemare, Engelland, Carpenter, Hunt and Subban, although unless someone has a breakout year, none should cost the team too much.

Two Years Remaining

F David Clarkson ($5.25MM, UFA)
F Cody Eakin ($3.85MM, UFA)
F Ryan Reaves ($2.78MM, UFA)
F Erik Haula ($2.75MM, UFA)
D Nick Holden ($2.2MM, UFA)
D Jonathon Merrill ($1.38MM, UFA)
F William Carrier ($725K, RFA)

The team likely will have to pay up if they want to keep Haula. The team’s second-line center may move to the third line now that the team locked up Stastny to a free agent deal. However, if Huala can continue to produce like he did last season, the 27-year-old should be able to fetch a nice contract. He had a career-high in goals last season as he scored 29 and 55 points.

The team should also recoup some of their losses as well in two years as Clarkson’s deal will expire, so that will free up $5.25MM for the team as the team currently has to wait till the start of the season before they can place his contract on LTIR. Others like Eakin and Reaves will likely have to earn another deal over the next two seasons. Both had solid showings for Vegas this year, but will have to prove their consistency. While Reaves deal looks overpaid on paper, the team opted to give him three years worth of money as long as he only signed for two years.

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Flames Notes: Hanifin, Goaltending, Smith, Valimaki

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After the Calgary Flames traded defenseman Dougie Hamilton to Carolina for Elias Lindholm and Noah Hanifin, don’t be surprised if Calgary fans compare Hamilton and Hanifin for years to come. That could put a lot of pressure on the 21-year-old Hanifin as the restricted free agent will try to acclimate himself to the Flames this season, according to NBC Sports’ James O’Brien.

Regardless, it’s far too early to compare the two players. While Hanifin had a breakout season last year, he still has the potential to take his game up another level. While his numbers inched a bit last year from 29 points to 32, a deeper look into his numbers suggests that he’s become more comfortable on offense as he more than doubled his goal total from the year before with 10 goals last year.

However, much of the comparisons could come down to whatever salary that Hanifin walks away with after he signs. If he signs a deal for $3MM per year, then everyone will look at the swap for Hamilton, who makes $5.75MM, as a better deal. However, if Hanifin walks away with an even bigger deal that might compare to Hamilton’s deal, then expectations for the blueliner will only increase.

  • Flames beat writer Ryan Pike suggests the team could have some cap trouble with its long-term plans, especially at the goaltending position. The team will have 13 players under contract in 2019-20 that make $5MM or more. With 36-year-old Mike Smith likely moving on after his contract runs out next season, the team may not have much cap room left to sign a respectable goalie. The team may hope that its goaltending pipeline of David Rittich, Jon Gillies and Tyler Parsons might help them out, but could be forced to look for another veteran in a year if none of them is ready to take over as a starter.
  • Another big question asked by NHL.com’s Aaron Vickers is what type of performance will the Flames get from Smith. The veteran started the season well for Calgary, posting a 2.39 GAA and 20 victories in the first half of the season. Unfortunately, Smith went down with a groin injury and missed 13 games in January and February and looked a shell of himself after that, putting up a 2-6 record in his final eight appearances with a 3.44 GAA. Assuming he’s fully healthy, however, the question even then remains whether Smith can hold up for another full season.
  • In another article, Vickers looks at the team’s top prospects and suggests that top prospect Juuso Valimaki has a good chance to win a roster spot out of training camp. Valimaki, the team’s 2017 first-round pick, had a solid season with the Tri-City Americans of the WHL, but really stepped up his game in the playoffs when he tallied four goals and 17 points in 12 games. He has a tough road ahead of them, but if Calgary feels that he is better than third-pairing players like Brett Kulak and Michael Stone, Valimaki could bump either of them.
  • Pike also adds that with the buyout of Troy Brouwer, the Calgary Flames have now removed eight players from their 2017-18 opening roster, including Brouwer, Hamilton, Matt Bartkowski, Eddie Lack, Micheal Ferland, Freddie Hamilton, Matt Stajan and Kris Versteeg. While some of those moves came mid-season, the Flames needed some roster overhaul after their disastrous second half of the season.

Free Agent Profile: Steve Mason

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Only a season ago, Steve Mason was a highly-sought after goaltender and was rewarded with a probably unrealistic two-year deal worth $4.1MM AAV from the Winnipeg Jets. However, many were surprised the 30-year-old goaltender received such a deal for a player who has had a roller-coaster career from sharp highs to inconsistent lows.

That certainly came to play as Mason suffered through multiple injuries, including several concussions, which allowed Connor Hellebuyck to claim the starting job outright and put up a dominating season. Mason, meanwhile, who many thought would split responsibilities in net with Hellebuyck, settled into a backup role, but couldn’t stay healthy enough to help the Jets during their playoff run. In the end, Mason posted a 3.24 GAA and a .906 save percentage in 13 games.

That was enough for Winnipeg, who needed to free up cap space as they shipped packaged promising Joel Armia with Mason and shipped them to Montreal. From there Mason was bought out, leaving him an unrestricted free agent.

While his numbers have steadily worsened over the past four years, Mason has been inconsistent throughout his year with several seasons in which he has posted amazing numbers like when he put up a 2.25 GAA and a .928 save percentage in 51 games in the 2014-15 season. Despite his struggles, if the veteran can prove healthy, he could provide solid backup minutes for a team in need.

Potential Suitors

While many teams are set in goal, there are quite a few who could use help. The first place that might seem to make sense would be the Stanley Cup champion Washington Capitals, who traded away backup Philipp Grubauer to save their own cap space, leaving them minor league veteran Pheonix Copley. Mason could provide the team with a preferred veteran solution, but that’s assuming that Mason would take quite the pay cut considering the team’s cap issues.

The Rangers might be another team that could use an emergency veteran. New York is considering playing Alexandar Georgiev as their backup, but could use a more veteran presence if the 22 year old fails. The Blackhawks could also be an ideal place. Even though the team added Cam Ward, it’s already been announced that starter Corey Crawford will likely not be ready to start the season with the team, so adding Mason could add some much needed depth if he goes down for any extended period of time.

Projected Contract

While he managed to garner $4.1MM a year ago, it’s likely Mason will have to accept a deal under the $1MM mark and may even have to take a PTO deal at this point. The veteran could also wait out training camp to see if any goaltenders go down with injuries and hope to grab a backup spot then.

Photo courtesy of USA Today Sports Images.

Metropolitan Notes: Dundon, Schneider, Devils Defense, O’Brien

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When Tom Dundon took ownership of the Carolina Hurricanes earlier this year, he said he was going to make changes. Trading one of its top scorers in Jeff Skinner certainly qualifies, but the owner made it clear that it wasn’t even a hard decision to make, according to Chip Alexander and Luke DeCock of the News & Observer.

“It had to be done,” Dundon said Friday. “The consensus in the organization, and it has been for a while, was it was better for all parties. It’s good for him, too.”

The team didn’t get a top return for the 26-year-old who has scored 204 goals for Carolina over the course of eight seasons. He had a no-trade clause and could have chosen to play out his final season in Carolina and then walk away leaving the Hurricanes with nothing to show for him. Instead, Carolina walked away with prospect Cliff Pu and three draft picks, none of which are first-round picks. Buffalo has three of them in 2019.

“This was not money motivated,” Dundon said. “This was simply that we think the team has a better chance to perform at the level we think it can perform at right now.”

  • New Jersey goaltender Cory Schneider isn’t going to be rushed back after undergoing hip surgery this offseason, according to Corey Masisak of The Athletic (subscription required). The 32-year-old goaltender had another turbulent season in which he started the season strong, struggled and then fared well to end the season. He finished the season with a 2.93 GAA and a .907 save percentage in 40 games, his worst season statistically of his career. Masisak says the timetable for Schneider to return remains murky and general manager Ray Shero has commented on Pekka Rinne’s post-surgery success on multiple occasions, suggesting the team will almost certainly be starting the season with Keith Kinkaid as their starter.
  • With four top defenders on their roster, the New Jersey Devils have to choose their new pairings between Sami Vatanen, Will Butcher, Andy Greene and Damon Severson. While the obvious choice might be that Vatanen and Greene should remain together as their shutdown line, Todd Cordell of HockeyBuzz writes that they should look at a different option which would be to match Severson with Greene instead, pointing out that Severson’s numbers alongside Greene have been as good, if not better, than Vatanen’s. That would leave Butcher with Vatanen, which could also provide a solid pairing.
  • Bill Meltzer of NHL.com writes that the Philadelphia Flyers walked away with a good feeling about many of their prospects at the World Junior Summer Showcase today, especially with the success of their 2018 first-round pick Jay O’Brien. The 18-year-old has not had much of an opportunity to play against top competition against his own age, but thrived in the game against Canada where he was named Player of the Game for Team USA after potting two goals and showing a great defensive presence.

Atlantic Notes: Bogosian, Callahan, Tallon, Zetterberg

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Buffalo Sabres defenseman Zach Bogosian hasn’t played 80 games in a season since the 2009-10 season and hasn’t played 70 games since the year after that. Injuries have plagued the 28-year-old defenseman throughout his entire career to the point where he played a career-low 18 games last year after undergoing hip surgery and now, despite the fact that Buffalo still owes him $5.1MM, he’s considered to be an afterthought.

Mike Harrington of the Buffalo News writes that Bogosian claims that he’s healthy for the first time in quite a while and can’t wait for training camp to start. Bogosian claims that January’s hip surgery has been an issue for years and now that it’s been corrected, he’s playing healthy finally as he debuted in Da Beauty League earlier this week.

“What I lot of people don’t realize about this surgery is that this is something I’ve been dealing with and playing with for years. It wasn’t like I kept randomly getting hurt,” Bogosian said. “I needed to get it fixed and we decided to be proactive about it because we knew it would be a long time. There’s never any great time for surgery but I’m glad to have it done when I did. I’m having a great summer of training now.”

The veteran defenseman still has a way to go to prove that he can be counted on by Buffalo. The team has made quite a few changes, including adding first-overall pick Rasmus Dahlin to it’s defense. A healthy Bogosian could only help this team even more.

  • The Athletic’s Joe Smith (subscription required) writes that forward Ryan Callahan, who underwent shoulder surgery to repair a torn labrum on May 31, said he remains on schedule, but likely won’t be available for the regular season until Nov. 1. He has been working out in the gym and is expected to start skating in mid-August. The 33-year-old injured his shoulder in January, but continued to play through it until the team was eliminated in the playoffs. Despite his grittiness, locker room presence and special teams skills, Callahan has been involved in frequent trade rumors due to the two years remaining on his deal at $5.8MM AAV. “Obviously there’s anxious moments waiting to see that happening,” Callahan said. “You’d have to be in a hole to not see rumors and things going on. Lucky I’ve been in the league long enough to know a lot of it is rumors and not a lot of it happens. You look at what you can control, and my total energy and effort is trying to get my shoulder healthy and get back as soon as possible.”
  • Florida Panthers general manager Dale Tallon said he’s thrilled with the team’s success upgrading its offense this offseason, according to Jameson Olive of NHL.com. The Panthers biggest addition was trading for winger Mike Hoffman in which the team traded a 2019 second-rounder as well as 2018 fourth and fifth round picks for a 22-goal scorer who had worn out his welcome in Ottawa. “You have to pay a lot for that type of player in free agency; you have to trade some of your rosters players to get a talent like that. It was a very opportune time or us. It worked in our favor. It doesn’t happen very often, where certain teams have to unload cap and have to make deals that maybe they’re not really willing to do at the time. For us, it was the right choice. It was the right move. We did pay. I’m not one to give up draft picks that readily. I really appreciate the value of a good pick. It’s not like we gave up nothing. We gave up some future picks, but we also felt it was necessary to add that depth to our team, especially when it’s the type of player that Hoffman is.”
  • Helene St. James of the Detroit Free-Press looks back at past NHL drafts and evaluates the teams booms and busts over the years, headed by Henrik Zetterberg, who was the team’s seventh-round pick back in 1999 — and has already reached 19 seasons and 1,000 games.

Salary Cap Deep Dive: Washington Capitals

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Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert 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 heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Washington Capitals

Current Cap Hit: $78,400,961 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Jakub Vrana (One year remaining, $863K)

With the team trying to make a Stanley Cup run over the past few years and finally capturing one, youth is in rare supply in Washington as the team has made it clear that it prefers to play its veterans rather than risk mistakes from youngsters. The only player who is still on an entry-level deal is Vrana, who has had a turbulent career so far with the Capitals. After spending a couple of years in the AHL, he finally got a full season with Washington this year, but the former first-round pick was never able to secure a full-time role in the team’s top six as he bounced around on different lines all season. He finished the year with 13 goals and 27 points, but put up another three goals and eight points in the playoffs. He has a chance to take on a full-time role on the team’s second line this season and hopes for a breakout season.

Potential Bonuses

Vrana: $600K

Total: $600K

One Year Remaining, Non Entry-Level

F Andre Burakovsky ($3MM, RFA)
F Brett Connolly ($1.5MM, UFA)
D Brooks Orpik ($1MM, UFA)
F Devante Smith-Pelly ($1MM, UFA)
D Christian Djoos ($650K, RFA)
F Nic Dowd ($650K, UFA)
F Chandler Stephenson ($650K, RFA)
F Nathan Walker ($650K, RFA)
G Pheonix Copley ($650K, UFA)

The Capitals have only a few significant free agents for next season as many of their deals are league-minimum contracts, which is necessary considering the amount of money the team has expended in keeping their roster together. Perhaps the biggest name on their free agent list will be Burakovsky, who many thought might have a breakout season with a bigger role last year. However, Burakovsky’s numbers decreased as his season was plagued with injuries. His 12 goals and 25 points in 56 games was the worst since his rookie season. However, he did post six points in 13 playoff games. If he can stay healthy, the 23-year-old could provide the team with more offense.

Due to the Stanley Cup win, the team was able to find a way to bring back several key role players on cheaper deals. The team assumed they would lose Smith-Pelly to free agency, but the 26-year-old opted to return for another playoff run, while long-time Capital Orpik was traded away, waived and opted to return for another year.

Two Years Remaining

F Nicklas Backstrom ($6.7MM, UFA)
G Braden Holtby ($6.1MM, UFA)
D Madison Bowey ($1MM, RFA)
F Travis Boyd ($800K, RFA)

The team does have to worry about Backstrom in two years. The team’s No. 2 center is still posting excellent numbers as he tallied 21 goals and 70 points last season, the fifth straight season he’s reached at least 70 points. However, the team will have a tough decision to eventually make as the veteran will be 32 when he gets awarded a new contract, which can get into a dangerous area when players hit their early 30’s.

Holtby will be another interesting case. After temporarily losing his starting job to Philipp Grubauer for a few weeks near the end of the season due to poor play (2.99 GAA, .907 save percentage), Holtby snapped out of it and posted dominant numbers throughout the playoffs (2.16 GAA, .922 save percentage) showing he still has what it takes to be a top-of-the-line goaltender. While the 28-year-old should still be in his prime in two years, the team also has top goaltending prospect Ilya Samsonov arriving in North America this season. He’ll likely start the season in the AHL, but he will likely be ready to take the reigns once Holtby’s deal expires.

Three Or More Years

F Alex Ovechkin ($9.54MM through 2020-21)
D John Carlson ($8MM through 2025-26)
F Evgeny Kuznetsov ($7.8MM through 2024-25)
F T.J. Oshie ($5.75MM through 2024-25)
D Matt Niskanen ($5.75MM through 2020-21)
F Tom Wilson ($5.17MM through 2023-24)
D Dmitry Orlov ($5.1MM through 2022-23)
F Lars Eller ($3.5MM through 2022-23)
D Michal Kempny ($2.5MM through 2021-22)

The team decided more than a year ago that they were going for it, which worked out perfectly last season. The team has done a fantastic job locking up its core, although many of the pricetags are quite generous, which could come to hurt them. However, now that the team has won the Stanley Cup, the team is going all out to win another as the team has locked up all of their critical free agents this year, signing Carlson as a long-term answer as their top defender as well as locking in Wilson. That gives them a solid core for the next many years. That should give them two or three years to attempt to capture another title. However, eventually this team will be weighed down by these contracts, much like the Chicago Blackhawks, but Washington is focused on the future.

The team may be forced into handing out another long-term extension to Ovechkin in three years, depending on how the 32-year-old fares in three years, but the deal would unlikely be more than he is already being paid.

Buyouts

None

Still To Sign

None

Best Value: Holtby
Worst Value: Wilson

Looking Ahead

The Capitals are quite used to dealing with little to no cap space and will have to do that again for a number of years to come. However, the team has managed to keep not just the core of their team together, but have also managed to bring back multiple role players at bargain prices to keep this team at a Stanley Cup level. With new deals to players like Carlson and Wilson, should challenge for a few more years, but age and those long-term deals will eventually hold the franchise after that. However, the team has already proven that their tactics are worth it after winning it all last season.

Photos courtesy of USA Today Sports Images.

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