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Morning Notes: Waddell, Bloom, Lundqvist

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According to The Athletic’s Pierre LeBrun, it appears the Carolina Hurricanes and GM Don Waddell have re-upped on a new contract, though the specifics are not certain. Waddell’s previous contract had been set to expire on June 30th, and with that date coming and going and the Hurricanes busy offseason proceeding, it would seem clear that some sort of agreement had been reached. That train of thought appears confirmed now via LeBrun, who says the deal went without a team announcement. While the Boston Bruins announced their extension with GM Don Sweeney, who also had his last contract expire on June 30th, this quiet approach is not out of the ordinary and is part of a new trend, LeBrun says.

An extension with Waddell isn’t a surprise to most, given his strong relationship with the organization and of course the team’s recent success. Since being named the full-time GM in 2018, Waddell has overseen four consecutive trips to the playoffs in Carolina, as well as significant transactions like the hiring of Rod Brind’Amour as Head Coach, drafting the likes of Andrei Svechnikov and Seth Jarvis, acquiring and the subsequent recovery from losing Dougie Hamilton, and most recently the blockbuster acquisitions of Max Pacioretty and Brent Burns.

  • An injury update on Sabres forward prospect Josh Bloom, who was hurt in Thursday night’s prospect showcase game against the Montreal Canadiens. According to Lance Lysowski of The Buffalo News, Bloom did not practice on Friday and his status for tonight’s contest with the New Jersey Devils is uncertain. While Bloom being sidelined for at least a day of practice and a showcase game is a clear negative, the possibility that he could be available and that his absence is being spoken about in the short-term is a positive, given how the injury played out on Thursday. Bloom had left the game after being hit along the boards, failing to return, now listed with a lower-body injury. The winger broke out for  the OHL’s Saginaw Spirit in 2021-22, contributing 61 points in 67 games.
  • The Athletic’s Arthur Staple had a chance to sit down with former New York Rangers goaltender Henrik Lundqvist as he reflected on his transition from Hall of Fame goaltender to his new role away from the rink. Now, Lundqvist will serve in a forward-facing role, representing the Rangers in the community. Notably, Staple inquired about his transition from playing, which happened rather suddenly when a medical condition was revealed that would force the superstar into retirement. Lundqvist mentioned that the transition was a bit different for him because of the health condition, but it gave him plenty of time to reflect and leave him “in a good place mentally.” He added that leaving his playing days behind creates a hole that needed to be replaced, “[b]ut I also understand I’m not going to be able to feel the way I felt around the games, just my goal is to find new interests.”

Snapshots: League Revenue, Coyotes Arena, Mesar

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As many of the league’s bright young stars convened today at the Lifeguard Arena in Henderson, Nevada for the North American Player Media Tour, NHL Deputy Commissioner Bill Daly had a chance to meet with the media to discuss a wide range of topics relevant to the league. Daly touched on a recent wave of women being hired and promoted into upper-level management roles with NHL teams, the promising overall start to the Seattle Kraken franchise, the youth movement of NHL teams, the Arizona Coyotes arena situation, and the league’s revenue.

There’s been much speculation around the league’s revenue projections and what it could mean for a significant raise to the salary cap ceiling moving forward. Given the agreement between players and team owners to split revenue 50/50, revenue being naturally down due to the impact of COVID-19, and the players need to pay the difference back in escrow, the salary cap has had to remain relatively flat the past few seasons. The expectation has been that the cap will rise by $1MM next offseason before seeing a meaningful increase ahead of the 2024-25 season, with some speculation that it could happen even sooner. Much of that was confirmed by Daly, who reported a league-record in revenue for this past season, the first time its surpassed $5BN. With the unprecedented revenue last season, one which was still impacted by COVID-19, Daly said that if they see the same kind of excess revenue this season, the timeline for a significant cap increase could come sooner than expected. Ultimately, Daly still believes that based on their current projections for 2022-23, that increase may have to wait another year.

  • Also from Daly’s availability, the Deputy Commissioner was optimistic about the state of the Arizona Coyotes and their short and long-term arena plans. Daly cited the Tempe City Council’s approval of their proposed arena plan in the city, which does still need further approval, as a positive. He also referenced the positive impact playing in an arena of that size could have on the players, expecting it to be filled nightly, thus enhancing the atmosphere, as well as the relative success of this strategy with the NFL’s Los Angeles Chargers and their brief stint in an MLS stadium while their current stadium was being built. Finally, when asked about the duration the team might have to spend playing at Arizona State University, Daly said the worst case scenario appears to be three years, while the best case would be two. No matter which way you frame it, this situation is surely difficult and awkward for the team and the league, however seeing the silver linings laid out does give the team some hope as it rebuilds not only on the ice, but off of it too. Final approval on a new arena plan and setting it into motion would be the best possible outcome for the organization, and when it happens, it could certainly have major, immediate impacts on the team and fanbase.
  • As prospect games got underway today, including one contest between the Buffalo Sabres and Montreal Canadiens featuring prospect Filip Mesar, The Athletic’s Arpon Basu provided an update on Montreal’s plans for Mesar for the upcoming season. Basu reports the team isn’t sure if they would like Mesar to play with the Laval Rocket, their AHL affiliate, or with the Kitchener Rangers of the OHL, who hold Mesar’s rights. However, it appears clear Mesar will not be returning Europe for the upcoming season. The 26th overall selection from this year’s NHL draft, Mesar played the last two years for Poprad in his native Slovakia, recording 30 points in 73 games over the two campaigns. The decision not to keep Mesar in Europe makes sense, given the need to help him adjust to North American ice and its style of hockey. Deciding between the AHL and OHL could be tough, as the OHL won’t give Mesar opportunities to play against older and more experienced competition, but will give him experience as a top of the lineup player, like Montreal hopes he will be. The AHL will give Mesar a taste of what playing in the NHL will be like in some respects, but may be a bit too advanced for him to see the top of the lineup and thrive like he might in Kitchener.

Evening Notes: O’Reilly, Robertson, Anderson

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After losing Alex Pietrangelo to free agency a couple of offseasons ago, having David Perron and Ville Husso leave the same way this offseason, and observing this summer’s Calgary Flames from afar, the St. Louis Blues made it a priority this offseason to sign young stars Robert Thomas and Jordan Kyrou long-term. The organization accomplished that feat on Tuesday by signing Kyrou to an eight-year, $65MM contract which will kick in during the 2023-24 season – two months to the day after Thomas signed an identical deal. Although St. Louis has several key UFAs at season’s end, including Ryan O’Reilly an Vladimir Tarasenko, Sportsnet’s Elliotte Friedman reported on today’s 32 Thoughts podcast that the Blues’ priority was to get their two pending RFAs signed long-term.

Despite their clear focus, Friedman believes St. Louis will take a run at re-signing O’Reilly too, seeing term as the likely sticking point for both sides, O’Reilly turning 32 in February. A comparable contract could be Nazem Kadri, as Sportsnet’s Jeff Marek suggests, given his age and style of play, but as Friedman says, “I don’t know if I can see St. Louis doing that” (Kadri signed for seven years and $49MM). Of course, with their two biggest building blocks signed long-term through their prime years, the Blues have put themselves in a good position, however it’s still worth noting the departure of two key pieces from this year’s team (Perron and Husso) and further departures of O’Reilly or Tarasenko, or both, could put a further dent in the team’s plans for it’s current build.

  • Earlier this week, we discussed Jason Robertson’s contract negotiations, which were said to be speeding up with an open dialogue. Friedman also discussed the potential contract on today’s podcast, opining that a possible eight-year, $64MM contract might not be enough to sign the young forward long-term anymore. Friedman cites to the recent extensions of Kyrou and Tim Stutzle, both for eight-years at $65MM and $66.8MM, respectively, as examples of why Robertson could reasonably reject a long-term offer at an AAV of $8MM. Complicating the matter even more is that, right now, Dallas wouldn’t be able to afford an $8MM cap hit on Robertson anyways, having just over $6.3MM in available salary cap space. In that case, the more likely scenario would be a bridge deal for both sides that would carry Robertson to, or at least closer to, UFA status. If Dallas is intent on signing their RFA long-term, one option to clear cap space, which was suggested a few weeks ago by Dallas Stars Senior Staff Writer Mike Heike, would be to trade goaltender Anton Khudobin, who carries a $3.33MM cap hit.
  • A final note from Friedman today, the Los Angeles Kings may have been interested in trying to sign defenseman Mikey Anderson to a long-term contract extension. As he elaborates, Friedman believes the team had talked to him about what it would take to get a long-term deal done, but just didn’t have the ability to fit it in. The Kings and Anderson will be able to sign another extension beginning on January 1st of next year, and though Friedman didn’t say a long-term signing is going to be announced then and there, he does believe Los Angeles was able to get a sense of what that deal might have to look like and can better handle it in the future. Rumors that the Kings could try to sign Anderson long-term are interesting considering the defenseman signed just a one-year, $1MM contract a few days ago, causing some to wonder that if that was the price on a one-year pact, it couldn’t have been all that much more for four or more years. Though that might be the case, the recent signings of Anderson an fellow defenseman Sean Durzi leave the team with just under $500K in cap room, which would be a tight squeeze if Anderson’s number came in just under $1.5MM per season, but on a long-term deal for a promising young defenseman, that number may well have been higher.

Poll: Which Veteran Goalie Will Sign The Biggest Contract Next Offseason?

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The goalie market this offseason was a busy one, with many teams looking to address their needs, but seeming to find less options than there were spots to fill. Some teams who had the need for several years were able to finally address it, like the Edmonton Oilers signing of All Star Jack Campbell and the New Jersey Devils acquisition of Vitek Vanecek. Some who found out rather abruptly that they would be needing help in net, like the Toronto Maple Leafs, who lost Campbell, addressed it by signing Ilya Samsonov and acquiring Matt Murray. Others, who didn’t seem to be in urgent need of goalie help went out and found it anyways, like the Ottawa Senators with Cam Talbot and the Washington Capitals with Darcy Kuemper.

With all the shuffling, it seems many teams are now set in goal, or at least hope that they are. But, just as the demand maybe subsides, the supply on next year’s market will be rather rich. There appears to only be one star that will be available, that being Pittsburgh Penguins netminder Tristan Jarry, but after that, a bevy of veteran backstops, capable of being a quality starting goalies, will be on the market. Joining them are a large group of capable backups like Jonathan Bernier, Laurent Brossoit, Jaroslav Halak, and Antti Raanta, as well as a pair of intriguing, less experienced options like Adin Hill and Alex Nedeljkovic.

But, it’s this group of veterans who could pose an interesting shuffle, obtaining potentially very similar contracts based on their performance this season. Of course, the 2022-23 campaign will have a major impact on their value heading into the offseason, but for now, a compare and contrast of these five similar options could be an interesting exercise.

Jake Allen

Contract: Two years, $5.75MM ($2.875MM AAV)

2021-22 Stats: 35 GP, 9-20-4, 2 SHO, .905 SV%, 3.30 GAA

Career Stats: 353 GP, 168-126-35, 23 SHO, .911 SV%, 2.60 GAA

Once considered one of the most exciting goalie prospects of his generations, Allen never panned out as a superstar in net, however he has become a reliable starting and backup goalie, depending on the role he’s put in. Allen spent his first seven NHL seasons with the St. Louis Blues, earning the majority of playing time between 2015-2018, but a surprising breakout performance from Jordan Binnington in 2018-19 pushed Allen into a backup role. After the 2019-20 season, with one year at $4.35MM left on his contract, the Blues shipped Allen to the Montreal Canadiens for a pair of seventh round picks.

His numbers since heading north of the border haven’t been what they once were, but the real regression came when the team around him regressed in 2021-22. Allen’s next deal may very well resemble the one he signed in the 2021 offseason, but a strong rebound performance, considering the context of how the Canadiens perform around him, could increase not only increase his AAV, but also the term for the 32-year-old.

Frederik Andersen

Contract: Two years, $9MM ($4.5MM AAV)

2021-22 Stats: 52 GP, 35-14-3, 4 SHO, .922 SV%, 2.17 GAA

Career Stats: 445 GP, 261-114-51, 23 SHO, .916 SV%, 2.59 GAA

A four-time All Star and two-time Jennings Trophy winner, receiving one of each in 2021-22, the answer might seem obvious that Andersen would sign the biggest free agent deal of any goaltender in 2023, even better than Jarry. But, the former Maple Leafs star netminder doesn’t come without his concerns and that could hamper his open-market potential. After breaking out with the Anaheim Ducks from 2013-2016, Andersen was dealt to Toronto where he continued to develop into one of the league’s best, posting three straight seasons of at least 60 starts and no less than a .917 SV%.

The success, however, began to taper off and in 2019-20, Andersen regressing slightly to a .909 SV% and 2.85 GAA. The 2020-21 season would be no better, his numbers dropping to a .895 SV% and 2.96 GAA as the veteran dealt with injuries. Ultimately, Campbell took over the net for Toronto and that offseason, Andersen was left to hit free agency, signing his current deal with the Carolina Hurricanes. The goalie found tremendous rebound success in Carolina and was even receiving Vezina Trophy consideration before injuries ended his season on April 16th, just weeks before the playoffs were set to begin. If Andersen can continue his strong performance and show that injuries are a thing of the past, he may be the runaway favorite in this poll, but it’s been several years since the soon-to-be 33-year-old has compiled a fully-healthy season.

Jonathan Quick

Contract: Ten years, $58MM ($5.8MM AAV)

2021-22 Stats: 46 GP, 23-13-9, 2 SHO, .910 SV%, 2.59 GAA

Career Stats: 712 GP, 359-262-78, 56 SHO, .913 SV%, 2.42 GAA

An unlikely name on this list for several reasons, Quick re-emerged as an important piece in net for the Los Angeles Kings as the team itself awoke from a semi-lengthy rebuild in 2021-22. Quick still wasn’t the star he had been from 2009-2017, but after several seasons of poor play and injuries, it was a return to being the steady presence in net that the Kings had historically expected from the 36-year-old. Los Angeles had been hoping to transition the net from Quick to Calvin Petersen, especially after giving the younger netminder a three-year, $15MM contract set to begin this season, but Petersen’s struggles have given Quick new opportunity and thus new life.

Turning 37 in January, with recent history considered, even another strong showing is unlikely to propel Quick to a big payday, but if he can show that he’ll be among those goaltenders who age gracefully, his long resume as a reliable, two-time Cup winning goaltender will reward him in free agency.

Cam Talbot

Contract: Three years, $11MM ($3.667MM AAV)

2021-22 Stats: 49 GP, 32-12-4, 3 SHO, .911 SV%, 2.76 GAA

Career Staats: 396 GP, 201-142-34, 27 SHO, .915 SV%, 2.63 GAA

After several up-and-down seasons in a few cities after his trade from the New York Rangers, Cam Talbot appeared to finally settle in and take the next step with the Minnesota Wild in 2020-21, sharing the net with Kaapo Kahkonen. But, 2021-22 threw a wrinkle into the equation by no fault of Talbot, as the team dealt Kahkonen to the San Jose Sharks and brought in future Hall of Famer Marc-Andre Fleury. The Wild in turn gave the majority of the playing time to Fleury, leaving Talbot to back up. Talbot had hoped to remain in Minnesota and show he could take the net back, but after Minnesota chose to re-sign Fleury, Talbot was shipped to the Ottawa Senators, where he figures to see the bulk of playing time.

Turning 36 next July, Talbot may not see the term some of the other goalies on this list might be able to find, but much like Quick, proof he can age well in the role may ultimately work in his favor. The key for Talbot will be to show, besides his ability to age well, that his up and down career is no more, and that the solid performance in the State of Hockey was not merely an extended “up,” but is instead the new normal for the University of Alabama-Huntsville product.

Semyon Varlamov

Contract: Four years, $20MM ($5MM AAV)

2021-22 Stats: 31 GP, 10-17-2, 2 SHO, .911 SV%, 2.91 GAA

Career Stats: 560 GP, 261-211-62, 36 SHO, .916 SV%, 2.64 GAA

When the New York Islanders allowed Robin Lehner to walk after a breakout season where he was named a Vezina Trophy finalist in order to sign Varlamov, many around the hockey world raised their eyebrows. As good as Lehner has been, the decision to bring in Varlamov has paid dividends on Long Island, as the veteran teamed up with Thomas Greiss and later his fellow countryman Ilya Sorokin to create a formidable tandem in net. However over the life of the deal, Varlamov’s role has diminished, going from a starter to something closer to a backup. Part of that has been out of Varlamov’s control with the emergence of Sorokin as one of the league’s better goalies, but 2021-22 did Varlamov no favors either.

Though his numbers were not objectively bad, it was a step back from the player he had been the two years prior. A rebound from Varlamov, especially one that forces the Islanders’ hand to take time from Sorokin and give it to the veteran will certainly boost his value on the open market. Turning 35 in the spring and still capable of taking a significant slate of games in net for a team, Varlamov will have plenty of interest on the open market, but securing the largest deal out of these five will require a performance more similar to what we saw in 2019-20 and 2020-21.

Considering these options, who is most likely to find the biggest contract on the open market? All are legitimate NHL goaltenders likely capable of holding their own net in 2023-24 and beyond, though none are considered stars. Andersen may be the closest to a star, however his recent injury struggles could make teams wary. If it’s durability a team is looking for, Varlamov might be a safer bet, but recent performance is trending in the opposite direction, albeit not enough to scare an organization off. Either way, 2022-23 will go a long way to understanding what this market becomes, but entering the new season, who sits in the best position?

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This Day In Transactions History: Max Pacioretty Traded To Vegas Golden Knights

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Most teams could only hope to have a draft like the Montreal Canadiens did in 2007, selecting Ryan McDonagh, Max Pacioretty, and P.K. Subban with their first three picks. McDonagh would ultimately be dealt before he could ever dress for Montreal, sent as the centerpiece in the Scott Gomez trade, one which overwhelmingly favored the New York Rangers. Subban and Pacioretty, along with Carey Price, went on to form the core of some formidable Canadiens teams in the mid 2010’s. Following the 2015-16 season, needing to rebound from their first playoff miss in several years, Montreal dealt Subban in one of the biggest one-for-one deals in not only the league’s history, but sports history, sending him to the Nashville Predators for Shea Weber.

The Subban for Weber swap helped Montreal rebound to a playoff berth in 2016-17, but a dreadful 2017-18 forced the organization to re-think things and just before teams were set to hit the ice for training camp, they dealt their star forward and team captain in Pacioretty to the Vegas Golden Knights. Vegas, having burst onto the scene in their first season just a year prior, were looking to make a splash in order to hopefully get over the hump and win the Stanley Cup, falling just short in their first try. Acquiring the regular 30-goal-scorer wasn’t cheap though, Vegas paying handsomely in the amount of  Tomas Tatar, Nick Suzuki and a 2019 second-round pick. The return, put plainly, sounds large, but perhaps fair considering the practice of giving something to get something, Vegas giving up a solid veteran point producer, a then-unproven prospect, and a second-round pick out of their bevy of draft picks and receiving a guaranteed star who immediately signed an extension in return. But, with the benefit of time and context, the perception of the deal now has certainly changed.

To give some perspective on how dynamic this trade ended up being for the Golden Knights, the Canadiens acquired a 60-point forward, a prospect who would become one of the young faces of their franchise, and a second-round pick and there is seemingly less to say on their end. Moving Pacioretty, a star and captain, was surely not an easy move for the Montreal organization to make, but one they felt necessary, especially given the return. Tatar would go on to have 58 and 61 point seasons, the latter coming in just 68 games. His third and final season with the team, 2020-21, saw him dip to 30 points, albeit in 50 games in the COVID shortened campaign, but with just five playoff games amid a deep playoff run. Worth mentioning, the second-round pick was unceremoniously flipped to the Los Angeles Kings for a third and fifth-round pick.

The real prize in the trade, and one that perhaps keeps Vegas management and fans up at night is Suzuki. The 13th overall selection in 2017, Vegas’s second of that evening, Suzuki hadn’t yet debuted for Vegas before he was dealt to Montreal. After the move, the forward spent another season in the OHL, where he wasn’t immune to trade either, dealt midseason from the Owen Sound Attack to the Guelph Storm. Still, none of it phased Suzuki, who had another outstanding junior season. The young forward made his NHL debut for Montreal the following season, finding breakout success in the shortened 2020-21 season, playing a pivotal role in Montreal’s near miss of a Stanley Cup. Following that season (more specifically, October), The Canadiens inked Suzuki to an eight-year, $63MM extension beginning in 2022-23 with the expectation that he could lead the next great set of Montreal teams.

The Vegas side of this blockbuster is a lot murkier. They certainly gave up a lot to get Pacioretty, but that isn’t always the issue with a trade. In fact, the winger brought back as much if not more value than they were expecting. Point for point, Pacioretty had some of his best seasons in Vegas, highlighted by a 51 point performance in 48 games during the shortened 2020-21 season, the only time he hit the point-per-game mark in his career. The real issues for the Golden Knights would be two-fold: (1) money, and (2) when all was said and done, what went in and what went out.

Upon acquiring the Montreal captain, the Golden Knights immediately signed him to a four-year, $28MM extension that began in 2019-20. That deal was fine at the time, Vegas then still in the envious position of being competitive but also utilizing their cap to help other teams for the right price. But, as the contract went on, Vegas continued to spend liberally to reward their successful core and also bring in new assets to help them out. With that, their cap situation became tighter and tighter and Pacioretty’s $7MM cap hit grew more and more imposing. Finally, with the addition of Jack Eichel and his $10MM cap hit part-way through last season, the bubble was set to burst this offseason and Vegas needed to shed a big contract. That would end up being Pacioretty.

As talented as Pacioretty still is, his $7MM cap hit on top of his recent injury history, made taking him on a questionable decision for many teams. Vegas was able to find a suitor, and though they didn’t have to pay anything significant to offload his contract, they received merely future considerations for a player who had 194 points in 224 games for them over the previous four seasons (as well as Dylan Coghlan).

The other troubling aspect of this deal is a completely separate trade made several months prior. At the 2018 trade deadline, with assets in hand and a surprising playoff berth in sight, Vegas made a splash by acquiring Tatar from the Detroit Red Wings. Tatar, like Pacioretty here, didn’t come cheap, as Vegas sent a first, second, and third round pick to Detroit to make it happen. The Czech winger gave Vegas just eight points in 20 regular season games on top of another two points in eight playoff contests ahead of the instant trade. The reason the earlier Tatar trade is important is to consider the context: Vegas, in effect, traded Suzuki, a first, two seconds, and a third for 28 underwhelming games of Tatar and four seasons of Pacioretty, who they then traded away for almost nothing after he actually stepped his production up.

Another interesting wrinkle to all of this, but not one that absolves Vegas of their questionable trade tree, is that Pacioretty tore his Achilles after the trade to Carolina, forcing him to miss at least six months of the upcoming season. Of course, Vegas didn’t know this would happen when they made the deal, preserving the questions regarding their logic in the handling of the forward. Realistically, had this happened before the trade, Vegas could have utilized LTIR with Pacioretty, but had he been ready to return ahead of the playoffs, it would have left the team in a difficult position.

Hindsight is twenty-twenty, as the saying goes, and that applies to any transaction, but the Pacioretty-to-Vegas trade from four years ago today is a fascinating retrospective into roster, cap, and asset management. Vegas gave up plenty for Pacioretty, but it was most likely worthwhile as they got back arguably more than they bargained for. But after four seasons and just one more to go under their current commitment, the team essentially walked away from their player while Montreal continues to reap the reward with one of the league’s most exciting young stars. One question to ponder as we consider these last four years: how is this viewed, all else the same, had Vegas won a Stanley Cup with Pacioretty in the fold?

Nicolas Hague, Vegas Golden Knights Not Progressing Towards Contract

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After an offseason where navigating a tricky salary cap situation dominated the headlines for the Vegas Golden Knights, the team is down to their last remaining restricted free agent, and one who we documented earlier today: defenseman Nicolas Hague. Although the organization has done a good job thus far of working within their restraints, they’re left in a bit of a tough spot with their remaining cap and one of their bright young defensemen. At the moment, Vegas sits just around $10.24MM over the upper limit of the NHL’s $82.5MM. salary cap. Somewhat fortunately, they will be able to cancel out around $12.86MM in cap hit by placing defenseman Shea Weber and goaltender Robin Lehner on LTIR, leaving them with $2.64MM in available space. The issue there is whether it will be enough to get Hague signed.

Of concern, it sounds like it may not. As Fox 5 Vegas’s Vince Sapienza reports, things apparently are not progressing between team and player, who apparently have had “very little dialogue since early July.” Sapienza adds that though Hague is in Las Vegas and ready to join the team for the start of training camp on September 21st, he and his representatives are becoming concerned with the lack of communication. Sapienza also notes that if no deal is reached by the start of training camp, Hague is expected not to report and will instead train elsewhere in the interim.

Seeing that the two sides have apparently had very little communication since the early parts of the offseason is absolutely worrisome for those following the Golden Knights. The organization has made its moves to stay below the salary cap and get creative doing so, but those tough decisions, like the one to move Max Pacioretty to the Carolina Hurricanes for merely future considerations, were seemingly meant to allow the team to extend key players like Hague. Should Hague hold out by not attending Golden Knights training camp, that itself wouldn’t be a concern, the practice happening regularly for unsigned RFAs.

If Vegas were to be without Hague into the regular season, they could field a complete roster, having six defenseman signed and on the NHL roster right now (not counting Weber, who won’t play), with several depth options available to close the gaps, but none as good, and experienced, as Hague. Looking closer at the numbers, it wouldn’t be a shock to see Vegas be able to sign Hague for less than the $2.64MM they will have available after utilizing LTIR, but the 23-year-old Kitchener, ON native has shown an ability to play reliable minutes in his own zone with his offensive ability still progressing, so an affordable deal may not be easily found. But, with the possibility of forward Nolan Patrick also landing on LTIR, Vegas could increase its available space to $3.84MM, likely enough to bring back the hulking defenseman.

Last year, Hague had four goals and 10 assists in 52 games while averaging 18:40 per night, and sports a respectable 10 goals and 32 assists in 142 career NHL games. A 2017 second-round pick of the Golden Knights, Hague just finished the final year of his ELC.

2008 NHL Draft Take Two: Eighth Overall Pick

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Hindsight is an amazing thing, and allows us to look back and wonder “what could have been.”  Though perfection is attempted, scouting and draft selection is far from an exact science, and sometimes, it doesn’t work out the way teams – or players – intended. For every Patrick Kane, there is a Patrik Stefan.

We’re looking back at the 2008 NHL Entry Draft and asking how it would shake out knowing what we do now.  Will the first round remain the same, or will some late-round picks jump up to the top of the board?

The results of our redraft so far are as follows with their original draft position in parentheses:

1st Overall: Steven Stamkos, Tampa Bay Lightning (1)

2nd Overall: Drew Doughty, Los Angeles Kings (2)

3rd Overall: Roman Josi, Atlanta Thrashers (38)

4th Overall: Alex Pietrangelo, St. Louis Blues (4)

5th Overall: Erik Karlsson, Toronto Maple Leafs (15)

6th Overall: John Carlson, Columbus Blue Jackets (27)

7th Overall: Jacob Markstrom, Nashville Predators (31)

In the real draft, Nashville made an all-around solid pick with forward Colin Wilson, a college standout who would carry his hard-working game over into the NHL ranks. Wilson’s 286 career points are good enough for 18th among 2008 draftees. Though he wasn’t a bust, Nashville could have potentially found another outcome by selecting Markstrom with the seventh pick, which might seem peculiar at first, but may have had an enormous positive impact overall. On the date of the 2008 draft, franchise great Pekka Rinne had played just three NHL games to date, establishing himself as a star the following season.

Having Markstrom in the fold behind Rinne would have blocked the younger goaltender, but may have proven a valuable trade asset for Nashville. Markstrom’s value as a prospect was as high as it could be in the early 2010’s given his ceiling, and Florida used that to its advantage, trading him along with forward Shawn Matthias to the Vancouver Canucks for Roberto Luongo and a minor leaguer. Had Nashville opted to keep Markstrom around, it’s interesting to consider that he didn’t establish himself as a regular starter until the 2017-18 season, right around the time Rinne began to take a step back due to injury and age. This could have fit as a perfect transition, however as we have seen, Nashville found that nonetheless with Juuse Saros.

We now turn to the eighth overall selection and one of two first-round picks belonging to the then-Phoenix Coyotes. The Coyotes, much like the Predators before them and the New York Islanders right after, picked a good player and someone far from a bust in forward Mikkel Boedker. For his career, Boedker had 118 goals and 209 assists for 327 points over 709 games played, enough for 15th in points and 19th in games played among members of the 2008 draft class. Those numbers put Boedker out of an elite class of player, like Stamkos, Doughty, and Karlsson ahead of him, but fit him squarely among good, solid NHLers.

The speedy Danish winger began his career with a pair of seasons in the Frolunda development program over in Sweden prior to joining the OHL’s Kitchener Rangers for the 2007-08 season – his draft year. Boedker dominated with Kitchener, netting 29 goals along with 44 assists in 66 games. Not only that, but the forward notched six points in as many games playing for Denmark’s World Juniors squad that year.

The impressive performance was enough not only to have Boedker selected eighth-overall, but would help him make the Coyotes roster as an 18-year-old. Despite his age, Boedker showed he was ready for the NHL, putting up a relatively impressive 11 goals and 17 assists in 78 games in the desert. After his rookie effort, the Coyotes opted to give the forward more time to develop, having him spend the majority of the 2009-10 and 2010-11 campaigns in the AHL, though he didn’t take too much of a step forward there.

After establishing himself as a reliable secondary option in the seasons before, Boedker broke out in 2013-14, tallying 51 points in 82 games for the final Phoenix team, his 19 goals marking a career-high. Fast forward to 2015-16, Boedker again hit the 51 point mark, ultimately tying his career-high, but was dealt at the trade deadline to the Colorado Avalanche. The deal worked out well for Boedker, who had 12 points in 18 games down the stretch, however the Avalanche would fail to make the playoffs. The trade didn’t work out so well either for what was now known as the Arizona Coyotes. They acquired prospects Connor Bleackley and Kyle Wood, neither of whom ever played an NHL game (in fact, Bleackley re-entered the draft in 2016, and was selected by the St. Louis Blues in the fifth round), as well as veteran forward Alex Tanguay, who provided a similar 13 points in 18 games the rest of the way, retiring at season’s end.

Returning to the winner of the trade, Boedker himself, his run with the Avalanche capping off three straight seasons of solid production which helped him sign a four-year, $16MM deal with the San Jose Sharks in free agency that summer. The forward spent the first two seasons of that deal with San Jose, eventually being traded to the Ottawa Senators. At the conclusion of the contract, Boedker signed with Lugano in Switzerland, likely finishing off his NHL career.

All in all, the Coyotes got fairly decent value for their eighth overall selection, receiving 213 points in 445 games over eight seasons, fetching some worthwhile value on the deadline trade market. However, in hindsight, there were several other names available who may have had a greater impact on the franchise. Who could have had a greater impact in Arizona: an impact defenseman like Tyler Myers or Jared Spurgeon? A Vezina Trophy winner like Braden Holtby? Another scorer, but one who admittedly helped get the puck in the back of the net a bit more, like Cam Atkinson or Jordan Eberle? Or was Boedker the right choice all along?

With the eighth overall pick in the 2008 NHL draft, who will the Phoenix (Arizona) Coyotes select? Cast your vote below.

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San Jose Sharks Sign Evgeny Svechnikov

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Sep 6: The Sharks have officially announced the contract, confirming only the term.

Sep 3: One of the better remaining available free agents has come off the board, the San Jose Sharks signing forward Evgeny Svechnikov to a one-year, two-way deal. Svechnikov’s agent, Dan Milstein, announced the signing. Per CapFriendly, the deal is worth $750K at the NHL level, which is the league-minimum for the 2022-23 season, and $350K at the AHL level. While Svechnikov was a UFA after the Winnipeg Jets failed to extend him a qualifying offer this offseason, the winger will once again be an RFA with arbitration rights this offseason.

The 19th overall selection in the 2015 NHL Entry Draft, Svechnikov quickly became one of the more exciting prospects in the Detroit Red Wings farm system as the team began its rebuild. A smooth skating winger with size and an NHL ready shot, Svechnikov was to be one of Detroit’s foundational pieces moving forward. Though he’s made it to the NHL, things have not panned out as hoped. A dominant junior career lead Svechnikov to an AHL debut a year after being drafted, where the winger impressed with 51 points in 74 games as a member of the Grand Rapids Griffins. Unfortunately, that success didn’t translate to the NHL level, and Svechnikov would record just 12 points in 41 games with the Red Wings over four seasons. Svechnikov would also spend significant parts of two seasons with the Griffins, but failed to repeat on his 2016-17 breakout.

After the 2020-21 season, Detroit declined to qualify Svechnikov and he became a UFA. Much like this offseason, the former top prospect was unable to gather much interest and eventually took a PTO with the Winnipeg Jets, which he was able to turn into an NHL deal. The Jets gave Svechnikov his most consistent NHL look in 2021-22, getting him into 72 games. Now 25, the winger still was unable to take the step forward he and his teams had been looking for, as he scored just seven goals to go with 12 assists.

While it wasn’t the hope, and truthfully his performance may have simply been the original expectation, it was still clearly enough to allow San Jose to take a chance on him. He’ll be 26 at the end of October and though the production has never truly been there since his 2016-17 AHL performance, the rebuilding Sharks may hope to find a spark within Svechnikov, who did once upon a time have star talent within. For the player, on top of giving him a chance to impress and a fresh start, it’s also worth noting the deal carries a particularly large AHL salary of $350K and the San Jose Barracuda, the Sharks’ AHL affiliate share a city, meaning there should be increased stability regardless of which level he winds up in.

Poll: Who Is Next To Rebuild?

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It seems every year in the NHL, a team mired in a years-long rebuild finally turns a corner and becomes a legitimate contender again while a team that has been successful for a long time finally decides it needs to start over and enters its own rebuild. One would think that the 2022-23 season wouldn’t be an exception, but while there are several teams that seem to be turning the corner, such as the Anaheim Ducks, Detroit Red Wings, and Ottawa Senators, it’s not immediately clear who is heading for an imminent rebuild. Sure, some teams already in a rebuild stepped up their efforts a bit, like the Chicago Blackhawks and San Jose Sharks, but their process had already begun. Before looking at the teams that could be in this unenviable position, we’ll attempt to classify the rest of the pack.

Window is Staying Open: CAR, CGY, COL, DAL, EDM, FLA, NYR, TBL, TOR

Up and Coming: ANA, BUF, CBJ, DET, LAK, NJD, OTT, VAN

Already Rebuilding: ARI, CHI, MTL, PHI, SEA, SJS

After trying to sort out where a large portion of the league stands on their builds, that leaves nine teams in a sort-of limbo state. These teams could, in theory, win the Stanley Cup this year, could be a team on the fringe of the playoff picture, or could find themselves needing to start things over. Once again, the remaining teams appear to fit into one of three categories on their status:

Proven Winner With A Veteran Core:

The teams best placed here would be the Boston Bruins, New York Islanders, Pittsburgh Penguins, St. Louis Blues, and Washington Capitals. With their current build, three teams have won at least one Stanley Cup (Pittsburgh, St. Louis, and Washington), one has made it to the Cup Final, Boston, and the fifth, the Islanders, made back-to-back Conference Finals. All five of these teams, for the most part, have a key group of players who are towards the later stages of their prime, if not out of it, and all have a substantial portion of that core signed for at least a couple more seasons.

A team like the Islanders who has one of the older groups, also has the largest portion of that group signed long-term. That, combined with their lack of a Stanley Cup would make them seem as though they will try at least a couple more times to be a winner. But the age and cap implications could have a volatile effect. To the opposite, Pittsburgh and Washington have achieved the ultimate goal so rebuilding when necessary would be easier to stomach. But, unlike the Capitals, the Penguins recently signed two players in their mid-30’s to long-term extensions. Either way, both teams have several veterans still at the top of their game.

Boston is in their own unique situation, as they have a few players in or entering their prime, such as David Pastrnak, Charlie McAvoy, Hampus Lindholm, and Jeremy Swayman and that group hasn’t won a Cup with the team. But time could be running out on veterans, and previous Cup winners, Patrice Bergeron, Brad Marchand, and David Krejci, not to mention Pastrnak’s looming free agency.

Lastly, St. Louis has a relatively younger core, which they’ve won with, but will be faced with nearly all of their key players hitting the UFA market in the next couple of seasons. If they can manage to keep those pieces while also managing their cap, they could easily fit in above with the windows open group but if not, a rebuild might be less of a choice than simply reality.

Cap Concerns:

The two teams included in this section, the Minnesota Wild and Vegas Golden Knights, have both impressed in recent seasons and boast a roster that would appear as though it can compete going forward. But, managing the cap will not only prove burdensome, but has already forced a number of moves that represent a step back for the organization. First, Vegas has sacrificed plenty in order to be instantly competitive and maintain themselves through their first five years in the league. That was as clear as ever last offseason when they traded Vezina Trophy winner Marc-Andre Fleury for a minor league player, and this offseason when they traded star forward Max Pacioretty for future considerations. The team has had to make sacrifices of real talent in order to stay cap compliant and keep the remainder of their group intact, which could spell disaster.

The Minnesota Wild have otherwise managed their cap situation rather well, but have put themselves in a difficult position with the buyouts of Zach Parise and Ryan Suter, which will put $12.74MM against their cap this year and $14.74MM the two years after. The Wild already had to trade the dynamic Kevin Fiala to make things work for 2022-23 and things only figure to get more difficult over the next three seasons. One bright side, the group they currently fit in with the penalties has shown they can perform as well as anyone.

Of note, one might think the Tampa Bay Lightning are a perfect fit in this section, however the recent extensions of Erik Cernak,, Anthony Cirelli, and Mikhail Sergachev show the organization has no plans on changing course for a considerably long time.

Lack Of Performance:

The Nashville Predators and Winnipeg Jets provide two of the most fascinating examples of teams that could rebuild, could breakout, or could just simply stay as a middle-of-the-road team. Both teams have a number of exciting names, many of whom are signed for at least a few years, but neither seem to be among the best of the best. This offseason the Predators re-signed Filip Forsberg and acquired Ryan McDonagh, showing their desire to stay competitive and improve. However, since their appearance in the 2017 Stanley Cup Finals, the team has made it past the first round once, back in 2018. Even with breakout performances from Forsberg, Matt Duchene, Ryan Johansen along with an all-time performance from Roman Josi, the Predators just made it into the playoffs, losing to the eventual Stanley Cup Champion Colorado Avalanche in the first round.

Winnipeg, like Nashville, carries several star players including Kyle Connor, Nikolaj Ehlers, Josh Morrissey, and Mark Scheifele along with former Vezina winner Connor Hellebuyck. Still, that group has made it past the first round once since their Western Conference Finals appearance in 2018, and failed to make the postseason altogether this year. Now with an older Blake Wheeler, as well as Scheifele an Hellebuyck each two years away from free agency, Winnipeg may need to re-evaluate their build if it can’t compete for a Stanley Cup regularly with this group.

Considering the teams that seem poised for a rebuild, who is the most likely one to blink first and tear things down? Could it be a team that’s had a good run but needs to get younger? A team that just needs to reset from a salary cap perspective? A team who just hasn’t been able to meet their goals? Or an unexpected candidate?

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This Day In Transactions History: Ilya Kovalchuk Signs Revised Fifteen-Year Contract With New Jersey Devils

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What if there had been an Ilya Kovalchuk, Jack Hughes, and Jesper Bratt line going into next season? At age 39, perhaps Kovalchuk would have been destined for the third line with some combination of Erik Haula, Tomas Tatar, Andreas Johnsson, and Dawson Mercer. It’s likely this isn’t exactly what the Devils and their fans were thinking when the team signed Kovalchuk to a 17-year, $102MM contract back in July 2010. After all, Hughes was just nine-years-old, current team captain Nico Hischier was 11, and All-Star defenseman Dougie Hamilton was looking to boost his stock in the 2011 draft with a big year for the Niagara IceDogs.

In reality, nothing went to plan when the Devils and then-GM Lou Lamoriello signed the 17-year pact with Kovalchuk, the NHL taking issue with it as a form of salary cap circumvention, an arbitrator agreeing with them. This would force a negotiation between the league and the NHLPA on how to handle the structure of long-term contracts. On top of Kovalchuk, the NHL had been looking into the contracts of Chris Pronger, Roberto Luongo, Marc Savard, and Marian Hossa, all of whom had received long-term, front-loaded contracts that carried salaries at or near the league minimum in the final few years, which served to bring down the overall cap hit of the deal.

In sum, the league and the players agreed to rules affecting new contracts (as of September, 2010) for five years or longer that lasted at least to a player’s 41st birthday which would give a more accurate reflection of the salary the player was earning. The agreement also made sure the issue wouldn’t automatically carry over into the next CBA, and of course, rules on contracts have changed dramatically since the 2012-13 lockout. Now, seven or eight-year maximums, consistent cap hits, 35+ contracts, and the like regulate at least that form of salary cap circumvention.

After the dispute, New Jersey and Kovalchuk agreed on a revised 15-year, $100MM contract on September 3, 2010 that would run through the 2024-25 season, carrying a cap hit of $6.67MM. The matter now settled, the Devils were looking ahead to their fourth Stanley Cup with their superstar in hand. Of course, as we know, the drama was far from over. During the first three years, Kovalchuk would be solid, but New Jersey would miss the playoffs in two of the three years. However, Kovalchuk and the Devils would take the Los Angeles Kings to Game Six of the 2012 Stanley Cup Finals, the winger playing a big part of that run.

Unfortunately for New Jersey, during the 2012-13 lockout, Kovalchuk would return home to Russia, playing with SKA St. Petersburg, who he had considered signing with during his 2010 free agency. The experience playing close to home and having his family nearby had an impact on Kovalchuk, who informed Lamoriello of his intention to return home to Russia after the shortened 2012-13 campaign. At just 30-years-old, Kovalchuk voluntarily retired from the NHL following the 2012-13 season, leaving 12 years and $77MM on the table. The Devils, who had already lost Zach Parise to free agency the year prior, were given a yearly $250K cap-recapture penalty, which is in effect through 2024-25, but were handed the forward’s cap hit back.

The 2013 offseason saw New Jersey bring in Jaromir Jagr to replace Kovalchuk’s production, the 41-year-old turning in an impressive 67-point campaign, but the Devils would miss out on the playoffs, finishing with 88 points. The team struggled to start the 2014-15 season, firing Head Coach Peter DeBoer and Lamoriello leaving that spring for an opportunity with the Toronto Maple Leafs. The organization would head into a full-scale rebuild, one which has, outside of a 2017-18 playoff appearance lead by Hart Trophy winner Taylor Hall, lasted through this offseason. Things look to have finally turned a corner in New Jersey, lead by Hughes, Hischier, Mercer, Hamilton, and a world class group of prospects including Luke Hughes, Simon Nemec, and Alexander Holtz, but the aftermath of trying to re-sign and then losing Kovalchuk is apparent.

The Devils and their fans may, and rightfully so, attribute this long, painful rebuild at least in part to Kovalchuk’s abrupt departure, however they may have been best-served by it. At the time of signing, New Jersey was expecting Kovalchuk to lead a team backstopped by an aging Martin Brodeur and lead up front by an older Patrik Elias. Though Cory Schneider was able to step-up as one of the league’s better goaltenders during their rebuild, the team didn’t really have the younger, supporting cast to put around Kovalchuk as he entered his 30’s. And, having his relatively large cap hit on the books would have made doing so, and likely rebuilding on-the-fly, rather difficult. That would have in turn likely delayed the inevitable: a lengthy, painful rebuild.

As for Kovalchuk, the winger got his wish to head home to play in his native Russia and have his family nearby, something he accounted for when he left the $77MM on the table back in New Jersey. He would spend five more seasons with St. Petersburg, serving as one of the league’s best players on a premier team. Following the 2017-18 season, the Devils’ NHL rights over the forward expired and a 35-year-old Kovalchuk sought a return to the NHL. He’d sign a three-year, $18.75MM contract with the Los Angeles Kings, but had his contract terminated part-way through the 2019-20 season.

The Kovalchuk mega-deal, whether it be the original or the revised, wasn’t the first or the last handed out by an NHL organization, but holds significant weight in NHL history. First, one of the league’s very best players leaving in his prime, with more money than most players will ever earn left on the table was one of the biggest and strangest transactions in hockey’s history, perhaps in sports history period. Further, the original deal and the revised, provided a roadmap that would change the framework of the NHL’s contract and salary cap systems for the long-haul. The changes brought about by the first contract sparked the league’s desire for change, which became a focal point for the 2012-13 lockout.

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