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Free Agent Focus: Seattle Kraken

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Free agency is now just a month away and teams are looking ahead to when it opens.  There will be several impact players set to hit the open market in July while many teams have key restricted free agents to re-sign as well.  We continue our look around the NHL with an overview of the free-agent situation for the Kraken.

Key Restricted Free Agents

F Matthew Beniers – Beniers took a step back this past season after being asked to carry the offensive load for a team that lacks a high-end offensive threat. Beniers dropped from 24 goals and 33 assists in 80 games during the 2022-23 season to just 15 goals and 22 assists in 77 games this past season. While it was a disappointing campaign for the 21-year-old, Beniers remains on track to become an elite scorer in the NHL. The former second overall pick seemed like a lock to get a long-term deal this summer, but given his struggles last year, and his iffy work in the defensive zone, it might hurt his earning potential in the short term. Seattle may still elect to lock Beniers up long-term while he’s coming off a down season, but a bridge deal could be likely as well. Beniers figures to earn $4-5MM on his next deal if he goes for a short-term deal and would likely have a higher AAV if he goes for max term.

F Eeli Tolvanen – Tolvanen has been a very different player since arriving in Seattle from the Nashville Predators during the 2022-23 season. The 25-year-old had shown glimpses in Nashville but was never able to put it all together and struggled in his last two seasons with the Predators. With the Kraken, the former first-round pick has played a physical game, keeping plays alive with his physicality and being a force in board battles. On the offensive side, Tolvanen had 16 goals and 25 assists last season in 81 games and continued to trend upwards. He made $1.45MM last season in the final year of a three-year deal and figures to double that number on his next deal which should come with a similar term.

F Kailer Yamamoto – Yamamoto’s offensive game dropped another level this season as he fell to just eight goals and eight assists in 59 games. The former first-round pick signed with Seattle last season after being traded and bought out of the final season of his contract. With his qualifying offer set at $1.5MM, Seattle may elect to run it back one more time with the talented 25-year-old to see if he can post similar results to the ones he saw in Edmonton two seasons ago. Yamamoto is undersized and is average defensively if you are being generous, but he is very effective on the power play and plays with good pace, something that Seattle could use more of.

Other RFAs: C Luke Henman, F Ville Petman, D Peetro Seppala

Key Unrestricted Free Agents

F Pierre-Édouard Bellemare – Bellemare signed with the Kraken last July for the league minimum on a one-year contract and playing sparingly, producing four goals and three assists in 40 games. At 39 years old, Bellemare might be ready to hang up his skates; however, given that he was 29 years old when he made his NHL debut, he might choose to extend his career if he can find an NHL contract. The native of Le Blanc-Mesnil, France, played just under 10 minutes per game last season, but his underlying numbers at even strength were quite good, as his CF% was 54.9%. Bellemare doesn’t provide much offense and never really has, he also isn’t particularly physical, but he could be a good 13th forward for a team that is looking for a veteran presence.

D Justin Schultz – Schultz is well removed from his days in Pittsburgh when he quarterbacked the Penguins power play to a Stanley Cup. However, he remains a talented offensive defenseman who doesn’t offer much defensively. Schultz is still very good at skating pucks out of the defensive zone and offering a solid first pass, but he struggles when pinned in the defensive zone and doesn’t play with much physicality. Schultz should find work on a multi-year deal due to his right shot status as well as his ability to man a power play.

F Tomas Tatar – Tatar had to wait until September 12th last summer to find an NHL contract, signing a one-year $1.5MM contract with the Colorado Avalanche. He then proceeded to have a forgettable season that saw him score just nine goals and 15 assists in 70 games. The 33-year-old is unlikely to do better this summer, given that his game is built largely on offense, and he wasn’t able to provide much of it last year. A knock-on Tatar has been his consistency year to year, but he is still a good buy-low candidate for a team that needs to add secondary scoring but doesn’t have much in the way of cap space.

Other UFAs: D Connor Carrick, G Chris Driedger, F John Hayden, F Cameron Hughes, F Kole Lind, LW Max McCormick, C Andrew Poturalski, D Mitch Reinke, D Jimmy Schuldt, F Devin Shore, G Ales Stezka, F Marian Studenic

Projected Cap Space

The Kraken enter the offseason with a tad over $23MM in available cap space and several pending needs to address. A chunk of that space will go to re-signing restricted free agents, but after their internal business is complete, Seattle will have some cap space to make improvements. The Kraken have good depth up front, but lack high-end talent which could lead them to make a pitch to a player such as Sam Reinhart even though it would eat most of their available room under the cap. Seattle will also need to address their defensive core and will be in the market for an offensive defenseman with the likely departure of Justin Schultz. Seattle will feel pressure to have a strong summer after taking a step back and missing the playoffs this past season.

Photos courtesy of USA Today Sports Images.  Contract information courtesy of CapFriendly.

Jets Notes: Monahan, Coaching Staff, Schmidt

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Ken Wiebe and Mike McIntyre of The Winnipeg Free Press write that the Winnipeg Jets are increasing their efforts to retain the services of center Sean Monahan whom they acquired ahead of the trade deadline. Monahan didn’t have a great playoff with Winnipeg tallying just a single assist in five playoff games but was solid in the regular season occupying their second-line center role and posting 13 goals and 11 assists in 34 games.

Monahan made just under $2MM last season on a one-year contract and could be in line to double that figure on a multi-year deal given that he is one of the best centers available in unrestricted free agency. The 29-year-old Monahan dressed in 83 games last season split between Winnipeg and Montreal and finished the year with 26 goals and 33 assists.

If Monahan reaches free agency the Jets may not have the cap space to replace him as they stand to have just over $13MM available at this time.

In other Winnipeg Jets notes:

  • Wiebe and McIntyre write that the Jets have two remaining slots available on their coaching staff and are likely to hire a veteran associate coach to occupy one of those roles next to new head coach Scott Arniel. They speculate that former Seattle Kraken head coach Dave Hakstol could be a possibility as well as Western Hockey League head coach James Patrick who has ties to Arniel. It is expected that the Jets will decide on rounding out their coaching staff in the next few weeks.
  • It’s possible that Jets defenseman Nate Schmidt may receive a buyout this summer as Winnipeg looks to clear cap space to address some of the holes in their lineup (as per Wiebe and McIntyre). Schmidt has one year remaining on his contract with a cap hit of $5.95MM and has struggled the last two seasons. Last year, the 32-year-old tallied just two goals and 12 assists in 63 games and saw his ice time dwindle to just 16:49 per game down from over 20 minutes a night in the 2021-22 season. A buyout would save Winnipeg $3.2MM in cap space next season but would create a $1.616MM cap hit for the 2025-26 season (as per CapFriendly).

Free Agent Focus: Toronto Maple Leafs

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Free agency is now just a month away and teams are looking ahead to when it opens.  There will be several impact players set to hit the open market in July while many teams have key restricted free agents to re-sign as well.  We continue our look around the NHL with an overview of the free agent situation for the Maple Leafs.

Key Restricted Free Agents

D Timothy Liljegren – Liljegren would best be served to play on a team’s third pairing but given the lack of right-handed defenseman for the Maple Leafs this season he was thrust into second-pairing duty quite often and averaged nearly 20 minutes of ice time per game. That number dwindled to just 17 minutes per game in the playoffs as Liljegren appeared to lose the trust of former Toronto head coach Sheldon Keefe. Liljegren draws a lot of criticism for his lack of detail with the puck on his stick as evidenced by his giveaway numbers (40 giveaways in 55 games), but he plays in all situations and is a good offensive producer on the powerplay. The 25-year-old will be looking for a sizeable raise on his previous $1.4MM AAV and should easily double that figure on a multi-year agreement.

F Nicholas Robertson – Robertson was a victim of Toronto’s cap crunch last season on more than one occasion and found himself playing in the AHL despite being one of the Maple Leafs’ better offensive producers in the bottom six. The 22-year-old registered 14 goals and 13 assists in 56 games despite playing just 11:23 a game and could be in line to see time in the top six next season if the Maple Leafs are unable to slide another high-priced forward into the lineup. Robertson is a good forechecker despite being on the small side at just 5’9” and 178 pounds, and he is also a strong play driver who can create scoring opportunities off the rush. Robertson will be looking at a bridge deal this summer and could come in at a figure around $1.5MM per season.

Other RFAs: F Connor Dewar, F Max Ellis, F Noah Gregor, D Maxime Lajoie, G Keith Petruzzelli, F Alex Steeves

Key Unrestricted Free Agents

F Tyler Bertuzzi – Bertuzzi had some struggles adjusting to life with the Maple Leafs and was much better in the second half of the season. The Sudbury, Ontario native finished with 21 goals and 22 assists in 80 games while providing solid work in the dirty areas of the ice-extending shifts along the boards and going to the net for rebounds. The 29-year-old settled for a one-year $5.5MM contract last summer and will be looking for term this time around. While he has shown that he can provide better than secondary scoring and is a decent skater with a physical element to his game, it’s hard to imagine him receiving a raise on a multi-year deal, but he could receive a similar AAV on his next deal. It’s also difficult to see him re-signing in Toronto given their laundry list of needs and pending salary cap crunch.

D T.J. Brodie – It’s hard to project what T.J. Brodie’s next contract will look like given that last season was a tale of two wildly different trajectories. Brodie was very good in the first half of the season, but appeared to lose a step down the stretch and only found his way into one playoff game for the Maple Leafs. During the regular season, the 33-year-old tallied a goal and 25 assists in 80 games while playing almost 22 minutes a night, but his finish to the year mirrored the previous season where his play also dipped, largely due to injury. Given the fact that the Chatham, Ontario native has lost some foot speed and has shown signs of wearing down the last couple of years, it’s hard to envision him being back with Toronto or topping his previous $5MM AAV. Brodie is still a capable third-pairing NHL defenseman and will likely get a multi-year deal this summer.

F Max Domi – Domi was another new addition to the Maple Leafs who struggled to fit in this past season. He started the year on Toronto’s third line but worked his way into the top six as the season inched on and injuries began to pile up. The 29-year-old fit in well with the Maple Leafs’ elite scorers as his quick pace and ability to distribute the puck allowed him to give Toronto’s scorers some good looks. Domi seems like the likeliest to return to Toronto as he has expressed an interest in doing so and figures to fit in the Maple Leafs’ salary cap structure. Domi posted nine goals and 38 assists last season in 80 games while playing up and down the lineup and should be in line for a multi-year deal above $4MM per season.

G Ilya Samsonov – Samsonov did not provide the Maple Leafs with consistent NHL goaltending this season and was barely able to hold onto an NHL spot. However, he was a much different goaltender in the second half of the year and finished the season sporting a 23-7-8 record with a 3.13 goals-against average and an .890 save percentage. Despite his better results in the backend of the season, Samsonov was still prone to giving up bad goals and had a hard time tracking pucks in traffic. He is simply not a goaltender the Maple Leafs can count on as a number-one netminder and will find an NHL job elsewhere this summer on a short-term deal.

Other UFAs: F Kyle Clifford, D Joel Edmundson, C Dylan Gambrell, D Mark Giordano, G Martin Jones, D John Klingberg, D Ilya Lyubushkin, G Matt Murray

Projected Cap Space

The Maple Leafs project to enter the offseason with roughly $18.5MM in available cap space which looks like a sizeable amount on paper given that the team’s top stars are already locked into contracts for next season. However, Toronto has a big hole to fill in their top-6 forward group as well as two holes in the top-4 of their defensive unit (one of which could be filled by Liljegren). The Maple Leafs also need to address their goaltending situation which has been a letdown in many of their early playoff exits. All of that will take up most of the remaining cap space available and could make it difficult to add depth to the bottom of Toronto’s lineup, which has been another area of concern for a top-heavy lineup. The team will also have to factor in several pending extensions to forwards John Tavares and Mitch Marner as they are both a year away from unrestricted free agency and have to consider Matthew Knies and Joseph Woll who will be restricted free agents next summer as well.

Photos courtesy of USA Today Sports Images.  Contract information courtesy of CapFriendly.

Latest On Linus Ullmark

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Matt Larkin of Daily Faceoff writes about four potential trade destinations for Boston Bruins goaltender Linus Ullmark. Larkin believes that the Colorado Avalanche, Los Angeles Kings, New Jersey Devils and Ottawa Senators would be the frontrunners for the services of the 2023 Vezina Trophy winner should he be moved. Ullmark reportedly blocked a move at the trade deadline in March and has a 15-team no-trade list that could impede a potential trade this summer. Larkin’s list is largely based on speculation, but on the surface, it makes sense, given that the four teams on it were all undone by inconsistent goaltending this season.

In Colorado, Alexandar Georgiev didn’t have a very good regular season for the Avalanche and fell apart in the playoffs with an .894 save percentage. The story was similar in Los Angeles where Cam Talbot and David Rittich both had good regular seasons but couldn’t give the team enough to get out of the first round. The Kings pursued Ullmark prior to the deadline but were unable to complete a deal due to the netminders no trade list.

Ottawa and New Jersey aren’t surprising possibilities for Ullmark as they were two teams that came into the season with playoff expectations but were let down by some of the worst goaltending in the NHL. Ottawa signed netminder Joonas Korpisalo to a five-year $20MM contract last July in the hopes that he would steady their goaltending situation, however, the first year of the deal was a flop and Korpisalo finished second to last in the league in goals saved above expected with a -16.1 (according to Money Puck). Mads Sogaard and Anton Forsberg also appeared for the Senators this season and struggled as well.

New Jersey didn’t fare much better as Vitek Vanecek lost his game and finished near the bottom of the league in goals saved above expected with -11.2. Akira Schmid also saw his play fall off and found himself in the AHL for a big chunk of the season. The team brought in Jake Allen at the trade deadline from Montreal, but with one year left on his contract, the 33-year-old is more of a stopgap for the Devils and would be a terrific backup should they acquire Ullmark.

With his limited no-trade clause, Ullmark will have some say in where he ends up this summer, but won’t have full control. He is just a year out from becoming an unrestricted free agent once again and can choose his preferred destination in the summer of 2025.

Jaccob Slavin Wins Lady Byng Memorial Trophy

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The NHL has announced that Carolina Hurricanes defenseman Jaccob Slavin is the 2024 Lady Byng Memorial Trophy winner as the “Player adjudged to have exhibited the best type of sportsmanship and gentlemanly conduct combined with a high standard of playing ability.” The other two finalists for the award were Vancouver Canucks forward Elias Pettersson and Toronto Maple Leafs forward Auston Matthews.

Slavin became only the fourth NHL defenseman in history to win the award back in 2021 and is just the second NHL defenseman to win the honor more than once. Red Kelly is the only defenseman other than Slavin to win the award more than once and was a four-time award Lady Byng Memorial Trophy winner.

The 30-year-old Slavin had another solid regular season averaging nearly 21 minutes of ice time while dressing in 81 games for Carolina. Offensively, he was strong once again, tallying six goals and 31 assists while seeing minimal power play time. Slavin spent less than 25 minutes on Carolina’s man advantage this season and recorded 34 of his 37 points at even strength. The Denver, Colorado native remained a key cog in the Hurricanes’ penalty kill that was tops in the NHL with an 86.4% success rate. Slavin averaged 2:38 on the penalty kill per game and finished in the top 10 in takeaways.

Slavin is one of just two Hurricanes players ever to win the Lady Byng Memorial Trophy and the only one to be nominated for the award on more than one occasion. He is one year away from unrestricted free agency and will be eligible for a contract extension on July 1st.

Sharks Sign Will Smith To Entry-Level Deal

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May 28: Smith is finalizing his entry-level agreement with the Sharks and an official announcement regarding his signing could come as soon as today, David Pagnotta of The Fourth Period reports. Smith later confirmed through the team that he’s signed his three-year pact. His deal carries the maximum $950K entry-level cap hit, awarded via an $855K base salary and $95K signing bonus each season, per PuckPedia. He can earn up to $1MM in Schedule ’A’ performance bonuses and up to $2.2MM in Schedule ’B’ performance bonuses annually.

May 27: Sheng Peng of San Jose Hockey Now is reporting that San Jose Sharks prospect Will Smith is expected to sign with the team this summer, a move that would make him eligible to make the jump to the NHL next year.

Smith was the Sharks’ first-round pick (fourth overall) in the 2023 NHL Draft and would forgo his remaining college eligibility after just one season with Boston College. The 19-year-old was dominant in his first year in the NCAA, posting 25 goals and 46 assists in just 41 games.

Smith was a huge part of Team USA’s gold medal-winning team at the 2024 World Junior Championships registering four goals and five assists in seven games. He also just appeared for Team USA at the World Championships and dressed in five games, going scoreless.

Smith has been dominant the past few seasons, in 2022-23 he was a member of the U.S. National U18 Team and was an absolute force alongside Gabe Perreault tallying 51 goals and 76 assists in 60 games. That same year he represented Team USA U18 and the U18 World Championship and had an excellent tournament, scoring nine goals and adding 11 helpers in just seven games.

A month ago, during exit interviews, Sharks general manager Mike Grier told the media that he felt Smith was ready to make the jump to the NHL and that he was having positive conversations with Smith’s agent (per Max Miller of The Hockey News). Now, it appears that his signing will happen in the not-too-distant future. 

Morning Notes: Islanders, Paquette, Leonard

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Stefen Rosner of The Hockey News writes that the New York Islanders’ recent trade of draft picks with the Chicago Blackhawks could be a prelude to a bigger move. Rosner wonders if the extra second-round draft pick the Islanders acquired might be used to clear salary cap space in a similar fashion to the trade the Islanders made last summer in which they traded Josh Bailey and his $5MM cap hit a second-round pick to the Chicago Blackhawks for future considerations.

The Islanders have several contracts on the books that they would love to move to acquire additional help in the top 6, but most of those contracts would require a sweetener to facilitate a trade. The Islanders are slated to have just over $6MM in cap space available heading into the summer.

In other morning notes:

  • Former Tampa Bay Lightning forward Cedric Paquette has reportedly signed a two-year extension with Dynamo Moskva of the KHL (as per KHL). Paquette is a veteran of 448 NHL games and last played in the league back in 2021-22 with the Montreal Canadiens tallying two assists in 24 games. The 30-year-old won a Stanley Cup with the Lightning in 2020, before eventually moving on to play for Ottawa, Carolina, and eventually Montreal. Paquette spent his final season in North America split between the NHL and AHL before signing in the KHL in 2022 with Dinamo Minsk. Since making the move overseas, the Gaspe, Quebec native has seen his offensive numbers trend upwards as he enjoyed his best offensive season in a decade last year with 22 goals and 13 assists in 57 games.
  • Sean Shapiro of EP Rinkside is reporting that if Boston College forward Will Smith signs his entry-level contract with the San Jose Sharks as expected, it could create a ripple effect that might see his teammate Ryan Leonard move to sign his ELC as well. A report surfaced a few weeks ago that the Washington Capitals would re-engage in contract talks this summer with the 19-year-old in the hopes of having him turn pro, but now with the possibility of his teammate leaving the NCAA, it seems more likely that Leonard would move on as well. The Amherst, Massachusetts native had a terrific freshman year posting 31 goals and 29 assists in 41 games with the Eagles.

Adam Henrique Expected To Return For Game 3

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Jason Gregor of Daily Faceoff is reporting that Edmonton Oilers forward Adam Henrique will return for Game 3 tonight from a suspected ankle injury when the Oilers take on the Dallas Stars. The 34-year-old has missed eight straight games and hasn’t played since Game 1 against the Vancouver Canucks back on May 10th.

Henrique was acquired from the Anaheim Ducks (with 50% retained salary) at the trade deadline along with Sam Carrick in exchange for a first-round pick in 2024 and a conditional fifth-round pick in 2025. The Tampa Bay Lightning were also involved in the trade retaining 25% of Henrique’s cap hit and sending a seventh-round draft pick in 2024 as well as netminder Ty Taylor back to the Oilers in exchange for a conditional fourth-round pick in 2026.

If the Oilers get Henrique back into the lineup it will allow the team to shift some of their depth forwards into more suitable roles as Ryan McLeod could shift over to the wing and Derek Ryan could fall back to the fourth line.

Henrique hasn’t matched his offensive numbers from earlier in the season with Anaheim but isn’t playing in the same offensive capacity and has seen his average ice-time drop by almost three minutes per game. It’s fair to wonder if his injury was a nagging issue since he hasn’t been nearly as effective in the playoffs as he has just a goal and an assist in six games, both of which came in the first game of the playoffs. Henrique has also seen his CF% drop five percent lower than it was in the regular season.

Evening Notes: Hintz, Hakanpää, Arvidsson

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Dallas Stars radio host Owen Newkirk is reporting that Stars forward Roope Hintz is travelling with the team to Edmonton and will be a game-time decision for Game 3 tomorrow night. Stars head coach Pete Deboer told reporters today that he’s optimistic that Hintz will play in the next two games and added that he was close to playing in Game 2.

Hintz suffered an upper-body injury against the Colorado Avalanche in the second round back on May 13th and has had a quiet playoff thus far by his standards with just two goals and four assists in 11 games. The Tampere, Finland native had a strong regular season with 30 goals and 35 assists in 80 games but has seen his play drop off considerably in the playoffs, particularly his possession numbers as his CF% has dropped more than 10 percent from the regular season.

In other evening notes:

  • Stars defenseman Jani Hakanpää won’t play in Games 3 or 4 and is not on the trip with Dallas (as per Newkirk). DeBoer told reporters that Hakanpää won’t join the team until he’s close to returning, which indicates that he likely isn’t close to returning to game action. The 32-year-old hasn’t played since March 16th and has not been practicing with the team. At this point, he’s missed 28 consecutive games and has no timetable for a potential return.
  • Pierre LeBrun of The Athletic is reporting that Los Angeles Kings forward Viktor Arvidsson is expected to test the free-agent market on July 1st. The Skelleftea, Sweden native dealt with injuries this season and dressed in just 18 games. While he was limited in playing time, the 31-year-old had solid numbers in a low sample size, posting six goals and nine assists. Arvidsson has been a good point producer since joining the Kings via trade in July 2021, in 161 games as a King he has registered 52 goals and 71 assists.

NHL Announces Stanley Cup Finals Schedule

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The Conference Finals are in full swing and although we don’t know who will represent their respective conferences, we do know when they will play. The Western Conference finals are currently scheduled to end on Tuesday, June 4th, while the Eastern Conference Final will end on Monday, June 3rd (if necessary). Today, the NHL announced the schedule for the Stanley Cup Finals (as per David Pagnotta of The Fourth Period).

The schedule will be as follows:

Game 1 – June 8

Game 2 – June 10

Game 3 – June 13

Game 4 – June 15

Game 5* – June 18

Game 6* – June 21

Game 7* – June 24

*if necessary

Home ice will be determined once the eventual finalists are through the Conference Finals. Of the four teams in the Conference Finals, only the Edmonton Oilers are unable to get a home-ice advantage as they finished with the fewest points in the regular season. Typically, the higher-seeded team would have home-ice advantage, however, in the Stanley Cup Finals, home-ice advantage goes to whichever team had a better regular season record. 

The finals will feature two-day breaks to accommodate for travel, while Games 1 and 2 as well as Games 3 and 4 will have a one day break between games. If the finals do go seven games the cup will be rewarded 11 days later than it was last season when the Vegas Golden Knights defeated the Florida Panthers in five games on June 13th. However, it would be in line with the 2022 finals which were completed on June 26th, 2022.

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