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Washington Capitals Re-Sign Carl Hagelin To Four-Year Extension

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The Washington Capitals have re-signed one of their top unrestricted free agents as the team announced that it has inked forward Carl Hagelin to a four-year, $11MM extension. The deal will give him a $2.75MM AAV.

According to TSN’s Pierre LeBrun, the contract is as follows:

2019-20: $2.5MM salary, $1MM signing bonus
2020-21: $2.7MM salary, $2MM signing bonus
2021-22: $2MM salary, $1MM signing bonus
2022-23: $1.8MM salary

“We are pleased to have signed Carl to a new four year contract,” said Washington general manager Brian MacLellan. “Carl is a versatile player who can play on any line and is an excellent penalty killer. He is a proven winner and provides great leadership to our team.” Hagelin came over to Washington at the trade deadline when the team acquired the speedy forward in exchange for a 2019 third-round pick to give the team some added depth for a playoff run. While they were eventually eliminated in the first round of the playoffs to the Carolina Hurricanes, the team was real happy with his production as he scored three goals and 11 points in 20 regular season games and proved to be a good fit in the team’s middle-six as the veteran is a two-time Stanley Cup Champion when he was with the Pittsburgh Penguins. The trade to Washington seemed to renewed the 30-year-old forward as he struggled with Pittsburgh to start the season, then was traded to Los Angeles in November for Tanner Pearson, but did little to impress them. He finished the season with a combined five goals and 19 points between the three teams. However, in Washington, he fared much better and also played a big role on the Capitals’ penalty kill, averaging 2:21 per game on that unit, first on the team.

One issue was whether the Capitals would have the cap space available to sign Hagelin as the team was very tight against the cap. However, after Saturday’s trade that sent defenseman Matt Niskanen to Philadelphia for Radko Gudas, Washington freed up $3.4MM in cap space, which allowed the team to lock up Hagelin. That won’t be it for changes with Washington as the Capitals still must find some money to lock up restricted free agents Jakub Vrana and Andre Burakovsky. It also suggests the team is likely to allow forward Brett Connolly, who is an unrestricted free agent, to walk away.

NHL Players Most Worried About Escrow In Upcoming CBA Talks

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The NHL and NHLPA both have an opportunity to opt out of the current Collective Bargaining Agreement at different dates in September, which could begin the clock towards another work stoppage. There are many issues that the players are concerned about when looking at re-negotiating a new CBA, but according to the Associated Press’ Stephen Whyno, the players biggest bargaining issue is some of their money being taken away from them and being placed in escrow.

Under terms of the CBA, the owners and the players divide hockey-related revenue 50/50, but if player salaries exceed that split, then a certain percentage is placed into escrow and the league gets some of that money to keep the revenue even. However, Whyno reports that the players have lost almost 10 percent of their salary to escrow over the past seven years and the players would like to see that change. In fact, the Associated Press surveyed 25 of 31 player representatives, who said that escrow is the biggest worry among players. Chicago Blackhawks representative Jonathan Toews, when asked the two biggest issues in labor talks, said “A. escrow and B. escrow.”

There are a number of other secondary issues the players would like to tackle in negotiations, including Olympic participation, what the definition of hockey-related revenue is, post-career health care, and the concern that young players are squeezing out older players due to cap constraints. However, the loss of salary concerns players the most, according to NHLPA Executive Director Donald Fehr:

Obviously it’s an irritant to players and from time to time it can be a big one. But the question is how you do it. I mean, you can fix escrow by cutting salaries. I don’t think players are interested in doing that. So it has to become something that you address in a manner which makes sense for the players and addresses their concerns.

Fehr added that escrow has been discussed with NHL Deputy Commissioner Bill Daly and more talks are expected, but there is no easy way to fix the problem without making major changes to the sports’ economics.

 

Free Agent Focus: Philadelphia Flyers

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Free agency is now less than a month away from opening up and there are quite a few prominent players set to hit the open market while many teams have key restricted free agents to re-sign.  The Flyers have a number of both restricted and unrestricted and will likely have to use quite a bit of their cap space to lock up all of them in the coming weeks.

Key Restricted Free Agents: D Ivan Provorov — Only a year ago, Provorov’s name was being bandied about as one of the top young defensemen in the league and while that hasn’t necessarily changed, Provorov struggled in his third season. After tallying 17 goals in 2017-18, the 22-year-old saw those numbers drop to just seven goals this season and pick up a career-low 26 points and saw his defense take a step back. The team expects Provorov to have a bounce-back season, but have already gone out and added Matt Niskanen, who is expected to be paired with Provorov next season to give him a veteran partner in hopes of developing him into the franchise defenseman they believe he is. The one thing that has been consistent is how much the Flyers have been using him as he played a career-high 25:07 in ATOI. Provorov should get a significant raise from the $1.74MM he made last year.

F Travis Konecny — After scoring 48 goals over the past two seasons, Konecny is expected to score a big raise. The 22-year-old put up almost the exact same number two years ago and has proven to be a valuable piece in the team’s top-six. On top of that, Konecny has shown himself to be an agitator on the ice (despite his smaller frame) which became even more apparent after the team traded away Wayne Simmonds at the trade deadline. Considering how young he is, the team may want to sign him to a long-term deal now in hopes that he continues to improve and get better as all signs suggest he could become a top-line scorer for the franchise. He made $1.1MM last season, but should get quite a bit more.

D Travis Sanheim — After a solid rookie season, Sanheim took his game up a notch in his first full year as he played all 82 games, averaging 19:34 minutes on the ice and nine goals and 35 points, suggesting that the first-round pick from 2014 is finally developing into the top-four blueliner that the team had hoped. You could make the case that he was the most improved player on the team last year. After making $1.26MM last season, however, the 23-year-old should get a significant raise as well.

Other RFAs: F Nicolas Aube-Kubel, F Justin Bailey, D Jacob Graves, F Ryan Hartman, F Scott Laughton

Key Unrestricted Free Agents: F Kevin Hayes — Hayes hasn’t played a game for Philadelphia ever, but he might be the most significant of their free agents. The team sent Winnipeg a fifth-round pick to acquire Hayes’ rights, a rare move by teams, with the hope that they could begin negotiating with Hayes now and convince him to sign a deal before other teams can begin communicating with him. The 27-year-old has been a solid centerman for two seasons now with the New York Rangers. However, when the Rangers decided he wasn’t a part of the team’s long-term plans, they traded him to Winnipeg. Hayes didn’t have the effect on the Jets’ second line that they had hoped and were happy to get something for Hayes’ rights. Regardless, the Flyers need a second-line center to take over for the next couple of years until Nolan Patrick is ready to move into that role. However, with rumors that Hayes could be asking for $7MM or more, that’s a steep price and so far the Flyers haven’t had much luck in getting Hayes to sign early.

G Cam Talbot — There are a number of goaltenders on the team hitting unrestricted free agency, but what the team is looking for is a veteran goaltender that can help mentor young star Carter Hart. Talbot could be that top candidate as the 31-year-old was acquired at the trade deadline in hopes he could be that guy. Unfortunately he struggled in four appearances, but he remains a candidate to be brought back, especially at a heavily discounted price, although the team could just as easily find another player to fill those shoes.

Other UFAs: F Cole Bardreau, F Greg Carey, G Brian Elliott, F Byron Froese, F Tyrell Goulbourne, G Mike McKenna, G Michal Neuvirth, F Phil Varone, F Mike Vecchione

Projected Cap Space: With a little more than $49MM in commitments for next season (per CapFriendly), the team has plenty of money to make changes and moves. With a cupboard of top prospects fast approaching and a number of tradeable players, the Flyers are likely to look quite differently. However, much of the team’s success this summer will be in trying to find a second-line center. The team still hopes it can be Hayes, but if not, the Flyers will have to find another candidate either through free agency or trade. Regardless, some of that $33.8MM in projected cap space will have to go to their young restricted free agents and hopefully, they can lock all of them up to long-term deals now, but there are lots of possibilities in Philadelphia this season.

Photo courtesy of USA Today Sports Images.

Pacific Notes: Donskoi, Eakins, Phaneuf, McDavid

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The San Jose Sharks and general manager Doug Wilson have a lot on their plate this offseason as they have a number of key free agents they must deal with, including Erik Karlsson, Joe Pavelski and Joe Thornton. One name that is often forgotten is free agent forward Joonas Donskoi, who has been a solid contributor as a middle-six forward the last few years.

The Athletic’s Kevin Kurz reports that it looks like Donskoi is leaning towards going onto the open market to see what offers he might receive and could wait to see if a team comes calling when the interview period opens on June 23. Donskoi could receive quite a bit of attention as he has scored 14 goals in each of his last two seasons and had 37 points this year. While that’s hardly amazing numbers, the speedy wing is a good defender and could provide value for a lesser price tag, considering he only made $1.9MM last year.

  • While it looks like the Anaheim Ducks are moving rather slowly in naming their head coach, it looks like there are only two candidates remaining in the race in Dallas Eakins and University of Minnesota-Duluth coach Scott Sandelin, according to Sportsnet’s Elliotte Friedman. Eakins remains the favorite, but the team is doing quite a bit of research on him, including interviewing some of the veterans on his AHL squad.
  • Jordan Samuels-Thomas of The Athletic (subscription required) writes that with Dion Phaneuf being bought out, the most likely destination for the veteran blueliner would be a young team that’s several years away from truly competing. The scribe writes that the decline in the 34-year-old’s play would likely have playoff teams looking elsewhere for veteran depth, but Phaneuf’s leadership and his ability to mentor young players would make him more valuable to a lottery team. On top of that Phaneuf could help team’s penalty killing and can provide a physical presence a young team might lack.
  • At a gathering for 500 season ticket holders, Edmonton Oilers general manager Ken Holland said he has already met with star center Connor McDavid twice in the last 10 days, including visiting him as he was working out, according to Terry Jones of the Edmonton Journal. He reports that McDavid is doing well and is expected to ready for the start of training camp. The 22-year-old suffered a small PCL tear in his knee on the final game of the regular season, but the injury didn’t require surgery.

Central Notes: Binnington, Zuccarello, Avalanche

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The St. Louis Blues have spent the afternoon celebrating at their downtown parade, but soon will have to deal with eight unrestricted free agents and another 12 restricted free agents. While there are few major deals the team must negotiate, there is one unique case in Jordan Binnington, who will be a restricted free agent this summer.

In fact, The Athletic’s Pierre LeBrun (subscription required) writes that it’s quite a unique case. The 25-year-old walked onto the scene midway through the season and immediately became a sensation, putting up 1.89 GAA and a .927 save percentage in 32 regular season games and then led the Blues to the Stanley Cup with a 2.46 GAA and a .914 save percentage. All this while making $650K last season, while his backup, Jake Allen, makes $4.35MM.

However, with a half-year of experience, how much does he deserve to get? He has only two years before he becomes an unrestricted free agent, so term is critical as a short-term deal could cause even more problems. However, if he can’t repeat his amazing season, the team could be stuck with him if they sign him to an expensive long-term deal.

  • On his 31 Thoughts article, Sportsnet’s Elliotte Friedman notes that there is mutual interest between the Dallas Stars and winger Mats Zuccarello to get a deal done. Dallas acquired Zuccarello at the trade deadline for a 2019 second-round pick and a 2020 conditional third-round pick, which would turn into a first-round pick if Dallas signs the 31-year-old to a new deal. Zuccarello only played two regular-season games after suffering an arm injury after one game, but was an integral piece to the team’s playoff run, when he tallied four goals and 11 points in 13 games. Friedman writes that the negotiations are taking its time, but there is a good chance that Dallas ends up keeping Zuccarello who made quite a difference to the team’s second line.
  • The Colorado Avalanche aren’t expected to retain unrestricted goaltender Semyon Varlamov this offseason as the team intends to annoit Philipp Grubauer as the team’s No. 1 starter next season. However, the Denver Post’s Mike Chambers writes the team might choose to sign a veteran backup, even though they have AHL all-star, Pavel Francouz, signed to a one-year, $950K guaranteed deal. Due to his lack of NHL experience (two games), Chambers writes it wouldn’t be surprising if the team goes after veteran Curtis McElhinney or former No. 2 Calvin Pickard for next year.
  • Sticking with the Avalanche, A.J. Haefele of BSN Denver reports that the Avalanche will not be buying out anyone this week. That’s not a big surprise, considering the team has few long-term deals with few veteran players making too much money. The team also has $37MM in cap room to work with even though they have to sign several key restricted free agents, including forward Mikko Rantanen, J.T. Compher and Alexander Kerfoot.

Pittsburgh Penguins Trade Olli Maatta To Chicago

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The Pittsburgh Penguins have traded defenseman Olli Maatta to the Chicago Blackhawks in exchange for Dominik Kahun and a 2019 fifth-round pick, according to TSN’s Darren Dreger.

With a surplus of defensemen on their roster, the Penguins were going to have to make a move and unload one of their defensemen as the team already had Kris Letang, Justin Schultz, Brian Dumoulin, Erik Gudbranson, Jack Johnson, Chad Ruhwedel and Marcus Pettersson on the NHL roster. Maatta was a prime candidate to be moved after a so-so season in which the 24-year-old went from a seven-goal, 29-point season in 2017-18 to a one-goal, 14-point season this past year. Injuries have also plagued Maatta as he missed six weeks with an upper-body injury late in the season.

It looks like Pittsburgh got good value in return for Maatta, however, as they team picks up Kahun, who had an impressive rookie season for Chicago. The 23-year-old signed a two-year entry-level deal out of Germany and immediately proved his worth by making the Blackhawks’ squad out of training camp and showed off his versatility by being able to play any forward position. He contributed 13 goals and 37 points, but with the number of NHL forwards that Chicago has on its roster, the team had the luxury of trading one away to bolster its defensive core. Kahun should bolster the team’s middle-six, providing offense on whatever line the team needs. Pittsburgh general manager Jim Rutherford spoke highly of the new addition:

He is a speedy, versatile player capable of playing all three forward positions. He also saw time on Chicago’s power-play and penalty killing units. We are very excited for him to join our team.

While adding Kahun, perhaps the biggest plus to the trade was freeing up some cap space. By moving his three years and $4.08MM contract and acquiring the cheaper Kahun ($925K), the Penguins have added $3.16MM in cap space this season. The Penguins also add a coveted draft pick for this year, even if it’s in the fifth round. Pittsburgh had already traded away its second, third, fourth and sixth-round picks for this draft, so adding a second fifth-rounder helps make up for those lost picks.

For Chicago, with $19MM in projected cap space this offseason, adding Maatta’s contract wasn’t a problem and the team still is expected to have more than $17MM in cap space to make more moves this offseason. The team needed to add some experienced depth to its team and it likely was going to do it via trade. The fact that Maatta is left-handed, however, will have him battling with a group of left-handers for playing time, including Duncan Keith, Erik Gustafsson, Slater Koekkoek and Carl Dahlstrom.

 

Rangers, Islanders, Devils Interested In Winnipeg’s Jacob Trouba

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While there are rumored to be many teams that have expressed interest in Winnipeg Jets defenseman Jacob Trouba, the New York area could be his eventual destination as the New York Rangers, New York Islanders and New Jersey Devils have been the most aggressive teams in pursuit of the young defenseman, according to the New York Post’s Larry Brooks.

Each team could truly use the 25-year-old Trouba, who hasn’t expressed any desire to sign a long-term deal with the Jets, and with him being one year away from unrestricted free agency, the Jets are expected to move the talented blueliner. However, Brooks writes that he’s heard from multiple sources that Winnipeg has not given permission to inquiring clubs to speak with Trouba’s agent, Kurt Overhardt, about a long-term contract, which could run as high as seven years and $7.5MM.

All three teams, however, would have the cap room to make a commitment to Trouba with all three teams having the assets to make a deal happen, although the price is expected to be costly. The Jets are reportedly asking for a first-round pick and two top prospects or two young NHL players, likely signed to low-cost contracts. That is likely to be exactly what they’ll get as Trouba, a 6-foot-3, 202-pound blueliner had a breakout season offensively with a career high 50 points last season, including 42 assists, which was ninth in the league for defensemen.

The Rangers already have the Jets’ first-round pick in next week’s draft (#20 overall), acquired in the Kevin Hayes trade, and could offer a significant package, according to Brooks, including restricted free agent Pavel Buchnevich and a prospect. However, that might not be enough as both the Islanders and Devils have quite a few prospects in their own system. That brings to question whether the Rangers might consider including Lias Andersson as part of their package to acquire Trouba. Would the Islanders consider moving defensie prospect Noah Dobson or would the Devils include Jesper Boqvist or Jesper Bratt in a deal?

 

Free Agent Focus: New York Rangers

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Free agency is now less than a month away from opening up and there are quite a few prominent players set to hit the open market while many teams have key restricted free agents to re-sign.  The Rangers have a lot of options when it comes to the upcoming free agency period, but don’t have as much to concern themselves with when it comes to their own free agents. New York does have a few restricted free agents they must worry about, but few players to concern themselves among unrestricted free agents.

Key Restricted Free Agents: F Pavel Buchnevich — The Rangers must be thrilled with the continued improvements of their 24-year-old forward, who has continually taken his game up a notch in all three years, scoring eight goals as a rookie, 14 goals last season and moving into a permanent top-six role in 2018-19 with a 21-goal campaign. That number was more impressive considering he only played 64 games due to a broken thumb and some issues with head coach David Quinn, although he eventually developed a solid relationship with the coach. His 15:10 ATOI was lower than a number of lesser forwards as he ranked ninth in that area among forwards, but should increase significantly next season. Now that his entry-level deal is up, New York must pay him significantly more than the $925K he was previously making. However, with his development, it’s more likely the team will seek a bridge deal in hopes that his progress continues to improve.

F Brendan Lemieux — The Rangers didn’t get a lot of time to evaluate Lemieux, who the team acquired at the trade deadline as part of the Kevin Hayes trade. While not a key piece to the deal, New York hoped that the 23-year-old would give them a key bottom-six winger for a number of years as he had proved to be an agitator in his 53 games played in Winnipeg. Lemieux started his tenure in New York off well as he provided that grit the team needed, but after averaging 7:25 of ATOI with the Jets, his minutes jumped to 12:50 with the Rangers, and he quickly wore down, suggesting he lacked conditioning. In 19 games, he accumulated six points, 64 penalty minutes and two misconducts, which is a lot of penalties. Regardless, it’s likely the Rangers will seek a short-term deal so that Lemieux can prove himself.

D Neal Pionk — After showing off impressive skills in a trial during the 2017-18 season, the 23-year-old blueliner didn’t fare as well in his first full season with the Rangers. Pionk finished the season with six goals and 26 points but also saw his plus/minus drop to minus-16, but found himself in Quinn’s doghouse quite often in the second half of the season and was often a healthy scratch as he tallied just one point and seven points in his final 37 games. With a number of young defenseman close to ready for a regular NHL role, general manager Jeff Gorton will have to decide whether Pionk should stay with the defense or whether the team should move on from him. Expect him to get a short-term or even more likely a one-year deal on a “prove it” contract.

Other RFAs: D Julius Bergman, D Chris Bigras, D Fredrik Claesson, D Anthony DeAngelo, G Brandon Halverson, F Vinni Lettieri, G Chris Nell

Key Unrestricted Free Agents: D John Gilmour — Yes, Gilmour, who played a total of five games for the Rangers this past year, is the team’s top unrestricted free agent. The Group 6 free agent played 28 games during the 2017-18 season, but found himself playing a full season for the Hartford Wolf Pack in the AHL where he dominated, scoring 20 goals and 54 points and was named to the AHL All-Star team. However, he has been passed over on the prospect chart by Ryan Lindgren and Libor Hajek and doesn’t seem to be a major part of the team’s long-range plans although he could be a cheap 6/7th defensive option for the Rangers if they want a low-cost option.

Other UFAs: F Connor Brickley, D Rob O’Gara, G Dustin Tokarski

Projected Cap Space: With a little less than $64MM in commitments for next season (per CapFriendly), the team has room to make changes, but it’s unlikely the team will make any long-term commitments in house this offseason. The team is far more likely to go with multiple short-term deals and focus on fast-tracking their rebuilding efforts as they will likely attempt to bring in a top free agent to supplement its young players.

Photo courtesy of USA Today Sports Images.

Edmonton Oilers Would Have To Add “Sweetener” In Lucic-Eriksson Swap

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Although there has been talk of a potential trade between the Edmonton Oilers and Vancouver Canucks about swapping the bad contracts of Milan Lucic and Loui Eriksson for several weeks, a new report by TSN’s Darren Dreger suggests on TSN’s Insider Trading that the deal could be a good fit for both teams, but if Edmonton wants to make the deal, they would have to add a “sweetener.”

The belief is that because Lucic has four years remaining on his deal at $6MM AAV, the Oilers would have to give up something as Eriksson’s deal has only three years remaining at $6MM himself. According to Edmonton Journal’s David Staples, both players could be amenable to a potential trade considering that Lucic holds a no-movement clause, while Eriksson has a no-trade clause. However, Sportsnet’s Rick Dhaliwal reports that nothing has been presented to either player and while the discussion of this trade has been discussed in the media for weeks, trade talks are quite premature.

Lucic is from Vancouver and played his junior years there but there is no guarantee he would waive his no-movement clause. Eriksson, on the other hand, is easier to project as he knows Oilers’ new coach, Dave Tippett, who he played for in Dallas for three years and had success under him. And considering that Eriksson has had issues with Vancouver coach Travis Green, his no-trade clause likely wouldn’t be an issue.

However, Staples disagrees that Edmonton should have to add a sweetner, pointing out that Lucic still has value as a fourth-line option who is a tough guy that can fight and score a little. He’s only 31 and still has value in the league. Throw in the fact that Vancouver is loaded with young talent and few threatening players who can protect those players like Elias Pettersson, who took a number of cheap shots over the course of the season would be quite valuable to the Canucks.

Eriksson, on the other hand, is already 34 years old and isn’t an option as a fourth-line player as he lacks toughness and hasn’t produced much offense over the past three years (32 goals total). There has to be questions whether Eriksson can truly help Edmonton at all, making the trade questionable at best. Staples adds that at best, he might be a below-average third-line winger who can kill penalties, but is that really helping Edmonton? Regardless, unless one of those players can find a way to find their old selves, it’s unlikely either can truly help either franchise.

 

Metropolitan Notes: Faulk, Werenski, Harrington, Devils

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After an impressive playoff run that has Carolina looking like an improved franchise, the Hurricanes don’t want it to be a fluke season. The team, which based much of its success on an impressive blueline, wants to commit to it long term. Therefore despite being mentioned as a trade candidate for more than a full season, it looks like Carolina wants to commit long-term to Justin Faulk. The defenseman has one year remaining on his contract, but The Athletic’s Pierre LeBrun (subscription required) reports that the team has reached out to Faulk and his agent in hopes of signing an extension when he’s eligible on July 1.

LeBrun adds that Faulk, who has played his entire eight-year career in Carolina, is amenable to an extension, although it’s likely he would demand a no-trade clause this time around. That would give Carolina three right-handed top-four defensemen in Faulk, Dougie Hamilton and Brett Pesce, but he says that the Hurricanes are OK with having that right depth on the right side and are comfortable keeping all three.

However, the Fourth Period reports that Carolina is looking to acquire a top-six winger to boost their offense this year and that the team is willing to trade one of their top defenseman to make that happen. The report suggests that Carolina is one of the teams that has inquired on Minnesota’s Jason Zucker and has spoken to Toronto about both William Nylander, Kasperi Kapanen and Nazem Kadri in the past.

  • The Athletic’s Allison Lukan (subscription required) reports that while the Columbus Blue Jackets have several options on how they want to sign restricted free agent Zach Werenski, it’s almost a lock that Columbus will attempt to sign him to a long-term deal. The 21-year-old blueliner just finished up his entry-level deal and is in line for a big payday after posting 38 goals and 128 points over three years, but with plenty of cap room and multiple free agents walking away from Columbus, locking him up to a long-term deal, which could exceed $6MM, is likely going to be the team’s goal.
  • Sticking with the Blue Jackets, the team has another restricted free agent who is expected to get a raise this summer. Brian Hedger of the Columbus Dispatch writes that defenseman Scott Harrington, who has had trouble catching on to an NHL team early in his career after playing just 79 NHL games over the past four seasons with three different teams, has found a home in Columbus. The 26-year-old played his first full season, playing 73 games, mostly as a bottom-six defenseman, but was instrumental to the Blue Jackets as a character leader in the locker room. After making just $675K last season, Harrington could potentially double his salary for next season.
  • The Athletic’s Corey Masisak (subscription required) lays out the possibilities on what the New Jersey Devils can do with their second-round pick (No. 34). With three second-round picks, the 34th pick is a valuable asset that could allow the team to trade into the first round or use to trade for a significant impact player to bolster its team. The scribe looks at past teams in similar positions, including a 2013 trade in which the Buffalo Sabres traded several players and the No. 31 pick for Ryan O’Reilly.

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