Devils Acquire Jacob Markström
The Devils have their goalie. New Jersey announced the acquisition of Jacob Markström from the Flames for defenseman Kevin Bahl and their 2025 first-round pick, which is top-10 protected. Calgary is retaining 31.25% of Markström’s $6MM cap hit in the trade, bringing it down to $4.125MM for the Devils.
Speculation about New Jersey picking up a high-end starter had run rampant as far back as midseason. The Devils looked like a team on a meteoric rise after last season’s 112-point showing, but below-average performances from all three goalies they started the season with (Nico Daws, Akira Schmid, Vítek Vaněček) were one of the many factors that brought them back below the .500 mark this year.
After shipping out Vaněček to the Sharks at the trade deadline and getting some stopgap solutions in Jake Allen and Kaapo Kähkönen, they now have their bonafide starter. It took the 2008 second-rounder quite a while to break out, but he took over the crease for the Canucks in the 2017-18 season and hasn’t looked back. The 6’6″ netminder has finished top 10 in Vezina balloting in three of the past six seasons, including a second-place finish in 2022. That was a statement year for him and the rest of the Flames, as he tossed up a .922 SV% and a league-leading nine shutouts in 63 starts as Calgary won the Pacific Division title, just its second since 2006.
Things turned south as he regressed to a .892 SV% in 2022-23, but he put together a nice rebound campaign this season despite battling through a handful of injuries. His 23-23-2 record isn’t impressive at first glance, but he returned to being a top-10 goalie in the league in terms of goals saved above expected with 13.7, per MoneyPuck. He had a .905 SV%, 2.78 GAA and two shutouts behind a Flames team that had its worst season defensively in quite some time under first-year head coach Ryan Huska.
Even still, Markström’s results last year were brought down by a poor stretch of post-trade deadline play – an understandable slump given the trade rumors connecting him to New Jersey at the time and the fact he was playing with a lower-body injury. From March 4 onward, he went 2-8-0 with a .869 SV% without putting up an SV% over .900 in any single game. To put it succinctly, Markström had a better year than a quick look at his results would indicate.
Since signing his six-year, $36MM deal with the Flames in free agency in 2020, Markström has a .907 SV% over 212 starts and one relief appearance. That’s good for seven goals saved above average, indicative of the peaks and valleys he’s shown during his time in Alberta. He’s one of four goalies to start more than 200 games over that timeframe, joining perennial Vezina challengers Connor Hellebuyck, Juuse Saros and Andrei Vasilevskiy.
Landing Markström at $4.125MM against the cap for the next two seasons is a considerable discount for Devils GM Tom Fitzgerald, as it’s much less than he would cost on the open market. He’ll form a formidable veteran one-two punch in net with Allen, who remains under contract with New Jersey next season at a reduced $1.925MM cap hit thanks to the Canadiens retaining salary when trading him at the deadline. The Devils, after dealing with younger, more inconsistent unknowns in Schmid and Vaněček for most of last season, now have an above-average backup and starter for a total of $6.05MM against the cap.
Calling Markström truly elite would likely earn you some pushback, given his year-to-year dips with Calgary, and that pushback would be fair. But he has the most established track record of any goalie the Devils have iced since Cory Schneider‘s run of elite play in the mid-2010s. The deal has them much better positioned to make the playoffs next season and embark on a deeper run than in 2022 when they escaped the first round but were dispatched by the Hurricanes in five games in Round 2. The 23-year-old Daws and 24-year-old Schmid are also afforded some additional development time in the AHL after an inconsistent 2023-24 campaign for both.
Markström, 34, has two years left on his deal. He’ll become a UFA in 2026, and ideally, by that point, one of Daws or Schmid will have developed into dependable NHL options. While on the older side, he fits well with their immediate timeline. They’re now left with $16.05MM in projected cap space with eight open roster spots, per CapFriendly. Versatile forward Dawson Mercer is their only notable RFA in need of a new deal.
New Jersey pulling off this deal without surrendering a top prospect or their 10th overall selection in this year’s draft is a good piece of work by Fitzgerald, especially with the Flames retaining a considerable amount of salary.
Losing Bahl isn’t nothing, though. The 23-year-old was a second-round pick in 2018 out of OHL Ottawa. He did well this season, his first true full-time NHL campaign, posting 11 points in 82 games while averaging 17:24 a night. His 6’6″, 230-lb frame obviously draws appeal for Calgary, and GM Craig Conroy said today he was a “priority player” throughout discussions with the Devils (via Sportsnet’s Eric Francis). However, his possession metrics last season were subpar, logging a 48.3 CF% and 48.7 xGF% at even strength that both fell south of New Jersey team averages.
Bahl is still young, however, and carries legitimate top-four shutdown upside. He’s under contract next season at a reasonable $1.05MM cap hit and will be an arbitration-eligible RFA next summer. In 148 career games with the Devils since making his debut in the 2020-21 season, Bahl has four goals, 21 assists, 25 points and a -1 rating while logging 16:14 per contest.
If the Devils’ 2025 first-rounder does land within the top 10, they’ll transfer their 2026 first-round pick to Calgary instead, regardless of its placement.
Image courtesy of USA Today Sports.
TSN’s Travis Yost was first to report Markström was headed to New Jersey.
TSN’s Darren Dreger was first to report the trade return and salary retention.
Pierre LeBrun of TSN and The Athletic was first to report the 2025 first-round pick was top-10 protected.
Islanders Sign Kyle MacLean To Three-Year Extension
4:39 PM: According to CapFriendly, MacLean is expected to make $775K at the NHL level for all three years of the deal. The Islanders will have approximately $5.8MM in cap space heading into the summer months.
10:16 AM: The Islanders have agreed to a three-year extension with pending RFA forward Kyle MacLean, per a team announcement. Financial terms were not disclosed.
After spending the first three seasons of his professional career on minor-league contracts with the Isles’ AHL affiliate in Bridgeport, the 25-year-old inked his first NHL contract last offseason. An undrafted free agent signing by Bridgeport out of the OHL’s Oshawa Generals in 2020, MacLean earned his first NHL recall on Jan. 17 and remained on the roster for most of the rest of the campaign.
The son of Isles assistant coach John MacLean was serviceable in fourth-line minutes, posting four goals, nine points and a +5 rating in 32 regular-season games while averaging 10:05 per contest. By the time the playoffs rolled around, MacLean had worked his way into an everyday spot in the lineup, skating in all five postseason games in their first-round loss to the Hurricanes while playing nearly 12 minutes per night.
However, some advanced metrics yield cause for concern about his future effectiveness as an NHLer. MacLean struggled in the faceoff dot (42.5 FOW%), had an unsustainably high shooting percentage for a player without much of a goal-scoring history (15.4%), and controlled only 42.4% of shot attempts when on the ice at even strength despite seeing rather even defensive and offensive zone usage. He wasn’t tested on the penalty kill, either.
MacLean wasn’t afraid to lay the body, though, recording 60 hits, and was responsible with the puck when it was on his stick. He’s surely earned himself a spot on the opening night roster, as evidenced by today’s three-year commitment, but he’s likely better used as a 13th forward long-term than an everyday fourth-line center.
Head coach Patrick Roy will certainly have him in the mix for the spot entering training camp, though. A three-year deal puts him at 28 years old upon expiry in 2027, walking him to unrestricted free agency.
Image courtesy of USA Today Sports.
Penguins Hire Kirk MacDonald As AHL Head Coach
The Penguins have added Kirk MacDonald to the organization as the head coach of AHL Wilkes-Barre/Scranton, the team announced. He replaces J.D. Forrest, who had been behind the WBS bench for the last four seasons but isn’t returning.
MacDonald joins an AHL staff for the first time as he moves up the coaching ladder. The 40-year-old previously spent five seasons with the ECHL’s Reading Royals as their head coach and director of hockey operations and had spent the last two years as the head coach of the USHL’s Dubuque Fighting Saints, whom he guided to a first-place 41-13-8 record this season before losing to the Fargo Force in the league final. It was the Fighting Saints’ first final appearance in eight years.
He was never drafted by an NHL team or signed to an NHL contract, but minor-league fans will remember MacDonald’s name from an AHL career that spanned from 2007 to 2013 with Albany, Houston, Iowa and Providence. A heavy-hitting winger during his playing days, MacDonald had 45 goals and 106 points in 272 games at the top minor-league level.
MacDonald takes over a Baby Pens roster that will likely include 2022 first-round pick Owen Pickering on its blue line next season. 23-year-old Samuel Poulin, a 2019 first-rounder, is also a candidate to spend time in the minors again, but he’s a more likely name to make the NHL roster in the fall as he’s lost his waiver exemption.
Kraken Linked To Patrik Laine
With Patrik Laine now officially on the trade block, Elliotte Friedman of Sportsnet says that the Kraken are a team to watch in talks for the scoring winger (audio link to “32 Thoughts”). It’s not clear how much Seattle general manager Ron Francis has explored a move, but Friedman believes there’s a “real push in that organization to be more aggressive” this summer as the team enters its fourth season of existence.
Few expected scoring to be a major issue for the Kraken this season after their capable death-by-depth offense erupted for 289 goals last year, but their shooting percentage cratered this season en route to finishing 29th in the league in goals. A major hiccup has been the health of top-six winger André Burakovsky, who’s missed nearly half the campaign with injuries in back-to-back years. While he was effective last season when healthy, the same couldn’t be said in 2023-24. His 16 points in 49 games worked out to 0.33 points per game, tied for the lowest of his 10-year NHL career.
Acquiring Laine would add a player with even more exaggerated issues staying healthy over the past couple of years, but he’d immediately become the highest-ceiling scoring option on the roster. The Kraken have been largely comfortable with Jared McCann as their top sniper, averaging 32 goals per season in a Kraken uniform, but Laine’s sparkling career 14.7 shooting percentage is hard to pass up.
It is impossible to ignore Laine’s availability issues over the past three seasons. Injuries limited him to 129 out of 246 games, missing 47.6% of regular-season action during that time. He played just 18 games this season, although he also spent much of the year in the NHL/NHLPA Player Assistance Program after dealing with an upper-body injury in the first few months of the campaign.
However, during the two campaigns that he logged 50+ games in Columbus, he was worth his $8.7MM cap hit when in the lineup. The 2016 second-overall pick arguably had the best offensive showings of his career, pacing out for 38 goals and 82 points in 2021-22 and 33 goals and 78 points in 2022-23. Neither would have eclipsed his career high of 44 goals set with the Jets in 2017-18, but they would have both marked a career-best single-season point total.
There’s also breakout potential for Laine if he can stay healthy in a Kraken system that encourages puck possession. While they will have some different schemes next season under head coach Dan Bylsma, Seattle has consistently been a better even-strength puck possession team than Columbus over the past few years, and there’s little reason to see that not continuing without much roster turnover expected this summer. That means more opportunities for Laine to shoot and gives him a half-decent chance of sniffing the 40-goal plateau once again, especially if reunited with a skilled playmaker like former Blue Jackets teammate Oliver Bjorkstrand.
His power-play impact would also be beneficial. Laine led the league in power-play goals with 20 during his breakout sophomore campaign, and he’d help charge up a Kraken man-advantage unit that’s clicked at 18.4% over the past three seasons, 28th in the league during that time.
The Kraken aren’t a team that loves big cap hits, though. Defenseman Vince Dunn is their most expensive player annually at $7.35MM. Laine’s $8.7MM cap hit is worth it for his goal-scoring ability, but it’s hard for a lot of teams to justify absorbing it for a player who hasn’t played 60-plus games since before the pandemic.
But they do need scoring, and as Friedman articulates, their coaching change is indicative of a clear desire to return to postseason play in 2025. They have the financial flexibility to pull off a move with $23.424MM in projected cap space, although they do still need new deals for notable RFA forwards Matthew Beniers and Eeli Tolvanen.
Blues Sign Scott Perunovich To One-Year Extension
The Blues have gotten defenseman Scott Perunovich under contract for the 2024-25 season, per a team announcement. His one-year extension carries a cap hit of $1.15MM.
Perunovich, 25, managed to stay mostly healthy this season for the first time in a while. He stayed on the NHL roster all season and made 54 appearances, his most since his junior days while recording 17 assists and a +1 rating. It was his second NHL season after logging 19 games of action in 2021-22 and spending all of his injury-plagued 2022-23 in the minors.
While the fact that Perunovich has no goals through 73 career NHL games may be eye-opening, he was once the top offensive defense prospect in the organization. And while 25 is a bit old to still bear the “prospect” title, that might still be the case. Perunovich has been electric during his assignments to the minors, putting up 42 points in only 39 games with AHL Springfield over the past three seasons.
Injuries have had just a catastrophic effect on his development. After winning the Hobey Baker Award during his final season with the University of Minnesota-Duluth in 2019-20, a left shoulder injury cost him all of 2020-21. He started 2021-22 off healthy, but left wrist surgery ended his season halfway through. Yet another shoulder injury sustained in training camp in 2022 delayed his debut last season to late February.
That said, a $1.15MM cap hit quite literally carries zero risk for the Blues if he can’t hold onto an NHL spot next season for whatever reason. It’s the richest allowable cap hit that can be buried in the minors without penalty. But the diminutive yet dynamic left-shot defender should be in line for an everyday spot in the lineup next season after putting up solid playmaking numbers in his limited minutes.
The Hibbing, Minnesota native was set to become a restricted free agent with arbitration rights this summer. He’ll carry that same designation again in 2025 when his new deal expires.
Canucks Interested In Jake Guentzel
Jake Guentzel‘s pending free agency could lead him to the West Coast. The Hurricanes left winger has yielded strong interest from the Canucks, Daily Faceoff’s Frank Seravalli reports. They’re expected to make a “strong play” for his services amid likely interest from the Capitals, Panthers, Maple Leafs and Rangers, said Seravalli.
An extension in Carolina doesn’t appear to be in the cards for Guentzel, and his signing rights have been made available for trade for teams to get an inside track on a deal before July 1. He’ll have plenty of suitors after drawing a similar level of attention at the trade deadline a few months ago.
Guentzel is nearing the end of a five-year, $30MM extension he signed with the Penguins in December 2018, midway through a breakout campaign that saw him hit the 40-goal and 75-point marks for the first time. His $6MM cap hit since served as a bargain for Pittsburgh as he continued flourishing on Sidney Crosby‘s wing, averaging just north of a point per game over the life of his extension. With the Penguins struggling to stay in the playoff race this season, though, they dealt him to Carolina at the deadline to avoid losing him for nothing this summer – a fate the Hurricanes are also trying to avoid by recouping at least some value for his signing rights.
An upper-body injury limited him to 67 games this season, but it didn’t stop him from having the best offensive campaign of his career on a per-game basis. He finished the season with a sparkling eight goals and 25 points in 17 games for the Canes, bringing his season average up to 1.15 points per game. Only 14 players in the league had more.
In all likelihood, he’ll land a max-term contract this summer, whether it’s a seven-year deal on the open market or an eight-year extension with a team that acquires his signing rights. At age 29, he likely won’t get the chance for another big payday. Seravalli believes his cap hit should come in around $9.5MM per season, close to what we’ll predict on our Top 50 Unrestricted Free Agents list dropping next week.
That’s something the Canucks can stomach at first glance with $24.078MM in projected cap space next season, which jumps to $26.578MM if you account for defenseman Tucker Poolman‘s likely long-term injured reserve placement, per CapFriendly. But like the team he’s parting ways with in Raleigh, Vancouver has a large slate of pending free agents to re-sign or part ways with. As Seravalli points out, signing Guentzel almost surely means letting Dakota Joshua and Elias Lindholm hit the open market, pawning off most or all of Ilya Mikheyev‘s $4.75MM cap hit in a trade, and making other tough decisions with a defense group that includes Filip Hronek, Tyler Myers and Nikita Zadorov.
Guentzel does seem to fit like a glove in Vancouver’s lineup, though. Arguably their biggest weakness in their breakout 2023-24 campaign was a lack of support for budding superstar center Elias Pettersson, who spent most of the season with depth wingers Nils Höglander, Sam Lafferty and Mikheyev as his linemates. Getting a player with a lengthy history of meshing well with star centers could do wonders for the 25-year-old Swede as he kicks off his massive eight-year, $92.8MM extension.
It’s not as if there’s no history between Guentzel and Vancouver, either. Canucks president of hockey operations Jim Rutherford was the one who signed Guentzel’s current deal as GM of the Penguins, and the club was one of the finalists for his services at the deadline in March.
Sabres Considering Buying Out Jeff Skinner
The Sabres are considering exercising a buyout on the final three seasons of Jeff Skinner‘s contract, reports Elliotte Friedman of Sportsnet. Skinner has a full no-move clause and is signed through 2026-27 at a $9MM cap hit.
Skinner’s tenure in Buffalo has been inconsistent, to say the least, but the timing of a potential buyout is puzzling. Now 32, he’s just one year removed from a career-high 47 assists and 82 points that nearly helped propel the Sabres to their first playoff appearance in over a decade. His line with Tage Thompson and Alex Tuch was one of the most productive in the league, with promising defensive results as well.
But that changed this year. Early-season injuries to Thompson seemed to derail everything for Buffalo, and Skinner was no exception. He didn’t have an awful season by any stretch of the imagination, but he did regress to 24 goals and 46 points in 74 games. He averaged 16 minutes per game, slipping into middle-six usage as the trio with Thompson and Tuch was routinely broken up, and his 0.62 points per game were his lowest in three years.
It’s still far and away an improvement from when most considered Skinner’s deal the worst contract in the league. In the 2019-20 and 2020-21 campaigns, Skinner had just 21 goals and 37 points in 112 games with a -33 rating, bumping him down to fourth-line minutes. His rebound in the later years of his deal has helped repair its value, but he’s still rarely been worth his $9MM cap hit over the life of the deal.
That said, the Sabres are still in a transitional phase between rebuilding and contention. They’re not in a cap crunch – yet – and while improving the roster is a necessary undertaking for general manager Kevyn Adams this summer, it doesn’t require dumping Skinner’s cap hit to do so.
A buyout would be a particularly expensive undertaking in the 2025-26 and 2026-27 seasons, just as the Sabres are ideally handing out serious cash and spending to the cap. It would cost $1.44MM next season, $4.44MM in 2025-26 and $6.44MM in 2026-27 before a $2.44MM annual cap penalty through 2029-30, per CapFriendly.
Rangers Place Barclay Goodrow On Waivers
7:00 PM: Barclay Goodrow may not have to spend very long on waivers, with Mollie Walker of the New York Post reporting that the San Jose Sharks – who carry top priority in waiver claims after finishing last in the league – could have an agreement in place to claim the Rangers winger. Goodrow spent the first six years of his NHL career with the Sharks, joining the team as an undrafted free agent in 2014. The 31-year-old veteran could provide great leadership to a now much younger San Jose lineup, as the team looks to return to their days of routine playoff berths.
1:00 PM: The Rangers have placed forward Barclay Goodrow on waivers, Elliotte Friedman of Sportsnet reports.
The move likely marks the beginning of the end for Goodrow’s time in New York, whether via a waiver claim over the next 24 hours or via buyout or trade. He has three seasons remaining at a $3.642MM cap hit with a 15-team no-trade list.
Goodrow, now 31, gave himself quite a reputation around the league with some clutch playoff performances for the Sharks and Lightning around the turn of the decade. After scoring the overtime winner for San Jose against the Golden Knights in Game 7 of their first-round win, a game they trailed 3-0 in the third period, he went on to play a key depth role in Tampa’s back-to-back Stanley Cup championships in 2020 and 2021.
That earned him his current deal – a six-year, $21.85MM pact signed with the Rangers after they acquired his signing rights from the Bolts shortly before free agency opened in 2021. At first, it seemed to pay off. His first season in the Big Apple saw him do well in a checking role, posting 13 goals, 33 points and a +13 rating in 79 games while averaging nearly 17 minutes per night. Behind the scenes, though, there were red flags. His strong possession numbers with Tampa had cratered in New York, and the Blueshirts only controlled 44.3% of shot attempts with Goodrow on the ice at even strength in his first year.
It’s been downhill from there. Goodrow’s ice time and point production have consistently slipped over the past two years, and his already underwhelming possession metrics have gotten worse. He was arguably the worst two-way player in the league this season, managing to control just 39.1% of shot attempts when on the ice at even strength. For context, the Rangers overall controlled 53.2% of shot attempts without Goodrow on the ice at even strength.
His box stats this season were unimpressive as well. He played in 80 games but mustered only four goals and 12 points while slipping to a fourth-line center role for most of the campaign. Of course, he showed up when it matters most yet again, exploding for six goals and two assists in 16 playoff games. While a good story, he shot at 40%, and his possession metrics were even worse than in the regular season. That level of offense was never going to be sustainable.
All 31 other teams can now have Goodrow for free, but with three years left on a deal that was a vast overpayment this season, it’s highly unlikely he’ll be claimed. The waiver process should allow Rangers general manager Chris Drury to gauge interest in his services in an attempt to work out a cap-clearing trade, though. Even if that doesn’t work, buying out the remainder of his contract is an option. Doing so would result in a cap credit of $247K this season before a $1.003MM penalty in 2025-26, a $3.503MM penalty in 2026-27, and a $1.111MM penalty from 2027-28 to 2029-30, per CapFriendly. It would save the Rangers an average of just $556K per season over the next six years.
East Notes: Steen, Blue Jackets Coaching Search, Holl
The Bruins won’t re-sign pending Group VI unrestricted free agent Oskar Steen, his agent Joakim Persson told Värmlands Folkblad’s Johan Ekberg. Steen, 26, isn’t eligible for standard UFA status until 2025 but hits the open market early with less than 80 NHL games played and three or more professional seasons accumulated.
A sixth-round pick of the Bruins in 2016, Steen played in a career-high 34 games this season but managed just one goal on 24 shots. He averaged 9:04 per game and had poor possession metrics, although he was disproportionately deployed in defensive zone usage.
He ends his Bruins career with four goals and eight points in 60 games over the last four years. While he may not have turned into a regular contributor, getting even brief NHL action out of a late-round pick is good value.
The Karlstad, Sweden native, had 12 goals in 25 AHL games this year as well and will look to land a two-way contract with another club next month. Persson indicated that the Bruins have given him permission to seek other NHL fits for Steen, and it doesn’t appear he’ll be heading overseas.
Other notes from the Eastern Conference:
- After middling results under first-time head coaches the past few seasons, expect the Blue Jackets to opt for someone with experience behind an NHL bench as they search for Pascal Vincent‘s replacement. Pierre LeBrun of TSN and The Athletic lists Jeff Blashill, Dean Evason, Todd McLellan and Jay Woodcroft to be a part of a long list of interview candidates.
- In his latest mailbag piece, The Athletic’s Max Bultman covered what the Red Wings might do with defenseman Justin Holl moving forward. He was expected to play a key shutdown role for the club this season after inking a three-year, $10.2MM deal in free agency last summer, but he wasn’t even a regular in the lineup halfway through the year. Holl played in just 38 games, posting five assists and a +8 rating while averaging 15:05 per game. Bultman thinks it may be wise to pump the brakes on any buyout/trade speculation despite the tough season, though – after all, this is the same front office that gave him the three-year commitment less than a year ago. But he does point out the Red Wings offloading winger Klim Kostin, who carries a $2MM cap hit, on the Sharks midseason. He was in a similar situation to Holl, falling into frequent healthy scratch territory after being acquired by GM Steve Yzerman last summer.
Utah Names Chris Armstrong President Of Hockey Operations
The Utah Hockey Club has officially hired Chris Armstrong as president of hockey operations, per Frank Seravalli of Daily Faceoff. Sports Business Journal’s Josh Carpenter and Alex Silverman first reported on the move in May.
Armstrong is not related to Utah general manager Bill Armstrong, but he does have a pre-existing relationship with owners Ryan and Ashley Smith. The longtime agent with Wasserman advised the Smiths throughout their acquisition of an NHL franchise over the past few months and has now become their top hockey ops decision-maker.
While most of his work as an agent has been done in golf, Armstrong did appear in the NHL news cycle last summer. He formerly represented GM Kyle Dubas during his contract negotiations with the Maple Leafs, a relationship that ended up being the result of an NHLPA investigation. No consequences arose from the investigation, though, at least not publicly. Armstrong isn’t an NHLPA-certified agent and can’t represent active players.
Armstrong had been at his gig with Wasserman, one of the most prominent agencies in sports, for over 13 years. He first joined the agency in 2010 in a VP of Canadian talent management role and was later promoted to senior and executive VP roles. Before departing Wasserman for Utah, he’d served as their executive VP of talent and innovation.
Outside of the other Armstrong and head coach André Tourigny, the team hasn’t yet confirmed which of the hockey operations staff it acquired from the Arizona Coyotes will return next season.