Vancouver Canucks Sign Ilya Mikheyev

The Vancouver Canucks have made a big depth splash, signing forward Ilya Mikheyev to a four-year deal worth $4.75MM per season. Mikheyev signs in Vancouver after a successful run with the Toronto Maple Leafs, the team he signed with as an undrafted KH free agent.

Mikheyev’s 2021-22 season was a bit of a breakout year, as he scored 21 goals in 53 games, showing that he could effectively utilize his speed and nose for the puck to score goals. While many Maple Leafs fans may gripe about Mikheyev’s finishing ability, he was an impactful scorer at the KHL level and now seems to be figuring out how to be a scorer in the NHL.

At $4.75MM with four-year term, this signing is not without risk. Mikheyev’s breakout season proved he could be worth $4.75MM at his best, but it’s fair to question if Mikheyev is going to play like a player worth nearly $5MM for the duration of the deal with consistency. Mikheyev struggled with injuries last season and only has 146 NHL games to his name, which isn’t a massive NHL track record. But that lack of experience can work both ways, as the Canucks clearly believe Mikheyev has more to his game than he’s shown so far.

With this signing now on the books, all eyes are on J.T. Miller and a potential trade that could be involving him. Now that Mikheyev has been added, the Jim Rutherford/Patrik Allvin era of Canucks hockey is starting to take shape.

Florida Panthers To Sign Colin White

After getting bought out by the Ottawa Senators, free agent forward Colin White is headed to the Florida Panthers on a one-year, $1.2MM deal per TVA’s Renaud Lavoie. White is able to sign this deal with the Panthers thanks to him being recently bought out of his long-term contract by the Ottawa Senators.

This signing is an opportunity for both White and the Panthers. For White, he gets to join the reigning President’s Trophy-winning team, a club that had one of the most lethal attacks in recent NHL history. The Panthers score goals in bunches, and the hope for White is that he can be a part of that. Success in Florida has made other players significant amounts of money, as it has done for Mason Marchment today, so White signs this one-year deal likely with the hope that he can have a productive season and re-enter the market on stronger footing next summer.

For the Panthers, they get someone who was only a few years ago seen as a core piece of the Senators for a cheap price. At $1.2MM, White should help the team’s bottom-six and be able to fill in as a center if there are any injuries, if he’s not occupying the fourth-line center slot already. The Panthers are the team that gives White the best chance of rediscovering the form that saw him post 41 points in 71 games in 2018-19.

At a $1.2MM cost, getting a 25-year-old free agent with the resume that White has is a shrewd addition for Panthers GM Bill Zito, a manager under a ton of pressure to improve after a disappointing playoff exit this spring.

Detroit Red Wings Set To Sign Olli Maatta

According to The Athletic’s Max Bultman, the Detroit Red Wings are close to signing defensive defenseman Olli Maatta. TSN’s Darren Dreger reports the team is finalizing a one-year, $2.25MM contract. Maatta arrives in Detroit after two seasons on the Los Angeles Kings.

Although Maatta, 27, isn’t quite what some assumed he’d be after being selected 22nd overall at the 2012 NHL draft, he’s still carved himself out a nice career. At just 27 years old Maatta is a veteran of over 500 NHL games and has two Stanley Cup rings from his time on the Pittsburgh Penguins. Maatta’s foot speed is what’s held him back from a greater NHL role, as his skating deficiencies have become even more pronounced in a speed-first modern NHL. But despite that weak spot, Maatta has become a relied-upon NHL defenseman who has stuck around in a third-pairing role.

In Los Angeles, Maatta averaged 18:17 time-on-ice per game and has averaged 18:35 per game for his career. Maatta is not an offensive producer, with only eight points in 66 games, although his 29-point season in 2017-2018 does suggest there is maybe some more production to his game than it might seem. Even so, the Red Wings aren’t signing Maatta to be an offensive threat. They’re signing him to be an affordable, safe, reliable NHL option to occupy their blueline while their talented prospects develop. Maatta, who averaged 1:46 per game on the penalty kill last season, is a solid signing for that purpose and should help new goalie Ville Husso face a less difficult nightly task than Alex Nedeljkovic frequently faced last season.

Florida Panthers Sign Nathan Staios

The Florida Panthers have made a splash in the undrafted free agent market today, signing 21-year-old defenseman Nathan Staios to a three-year entry-level contract.

General manager Bill Zito gave the following statement on Staios’ acquisition:

Nathan is a highly skilled defenseman who possesses an excellent playmaking ability. This past season, he established himself as one of the best defenders in junior hockey and we are excited that he will continue his career within our organization.

Staios, 21, was being pursued by several clubs after his excellent overage season with the Hamilton Bulldogs, where he scored 66 points in 59 games and helped them to the Memorial Cup.

The son of long-time NHLer Steve Staios, this defenseman holds a bit more offensive upside than his dad. He’ll join a Panthers program that will need cheap options in the coming years as their high-end offensive talent continues to increase in cost.

Toronto Maple Leafs Sign Nicolas Aube-Kubel, Adam Gaudette

The Toronto Maple Leafs have added some Cup-winning depth at forward. Sportsnet’s Elliotte Friedman reports the Leafs have signed Nicolas Aube-Kubel to a one-year contract worth $1MM. They’ve also signed forward Adam Gaudette to a one-year deal worth $750,000.

Aube-Kubel, 26, is fresh off of a Stanley Cup victory with the Colorado Avalanche. Aube-Kubel arrived in Colorado as a waiver claim and proved to be a nice bottom-six find for GM Joe Sakic. Kubel had 11 goals and 22 points in 67 games, healthy offensive production for someone who only got 9:45 average time-on-ice per game. Aube-Kubel didn’t feature on any of the Avalanche’s special teams, although that could say more about the quality of the Avalanche’s roster than it does about Aube-Kubel’s talent level. At a $1MM cost with no term attached, Aube-Kubel is a nice bottom-six addition for a Maple Leaf team that needs to squeeze maximum value out of every cap dollar.

Gaudette is a different add than Aube-Kubel. While the Maple Leafs can be reasonably sure that Aube-Kubel will be a positive contributor at the bottom of their lineup, Gaudette offers no such guarantees. Gaudette’s signing is similar to the Maple Leafs’ acquisition of Alex Galchenyuk last season. Gaudette, like Galchenyuk, is a former top prospect who offers an all-offense, no-defense game.

At his most productive, the 25-year-old Gaudette had 33 points in 59 games for the Canucks, although they often had to shelter him thanks to his defensive deficiencies. Gaudette bounced from Vancouver to Chicago to Ottawa via trade and a waiver claim and now heads to Toronto as GM Kyle Dubas’ latest attempt at reviving a skilled players’ career on a reclamation project signing.

New York Rangers Close To Signing Vincent Trocheck

The New York Rangers are close to signing high-end center Vincent Trocheck to a seven-year contract, according to Daily Faceoff’s Frank Seravalli. The Athletic’s Arthur Staple reports the contract has a cap hit of $5.625MM. Trocheck’s extension is similar to the extension Ryan Nugent-Hopkins deal from last summer, meaning it’s a contract that likely has an extended term in order to keep the cap hit as low as possible.

The Rangers’ offseason was always going to revolve around their decision-making in the second-line center spot. The team has operated with Ryan Strome there for the past four seasons, and now Artemi Panarin gets a different running mate for the foreseeable future. There were some who speculated that the cap-strapped Rangers would prioritize cap flexibility and run with playoff hero Filip Chytil in the 2C spot, but GM Chris Drury went in a different direction.

In Trocheck, the Rangers are getting the prototypical second-line center. He can be relied upon for about 50 points of offense, with the upside for considerably more in the right circumstances. Next to Panarin, though, those numbers are likely to rise. Trocheck can also bring a sound defensive game and help the Rangers fill the hole left by Kevin Rooney, who operated as a defensive specialist for the team for the past several years.

This signing, given its cap hit, is a major risk for New York. Trocheck as a player isn’t really risky at all, he’s proven himself as a capable top-six center and should continue to be that in Manhattan. But the risk here is in New York locking up another veteran player to a long-term, pricey contract. Chytil and Kaapo Kakko need new contracts this summer. Alexis Lafreniere and budding star K’Andre Miller will need new deals next summer. Something will have to give, and it will be extremely interesting to see what Drury and his front office do in order to keep their young players on Broadway.

Calgary Flames Expected To Sign Kevin Rooney

Per Sportnet’s Elliotte Friedman, the Calgary Flames are signing forward Kevin Rooney to a two-year contract worth $1.3MM per season. Rooney spent the last two seasons on the New York Rangers, operating as the team’s fourth-line center for most of his tenure there.

Rooney’s signing in Calgary likely signals last season’s fourth-line pivot, Trevor Lewis, could be returning to the wing, where he has spent most of his career. In New York, Rooney was an effective fourth-line center who provided defense-first play and not much in the way of offense. Rooney’s six goals and six assists certainly won’t excite any Flames fans still reeling from the loss of Johnny Gaudreau, but his 2:07 average time-on-ice short-handed should excite coach Darryl Sutter very much. As a penalty-killing defensive specialist, Rooney should help the Flames on that area of special teams as well as give them around 10-12 minutes of even-strength ice time they won’t need to worry about.

This will be a major offseason for the Flames, but not every move has to be one of extreme significance. Rooney will need to improve his work at the faceoff dot, as his career 46.3% win rate is underwhelming for a defensive center, but otherwise, he’s a reasonable, sensible acquisition for a GM facing a ton of pressure. He’ll likely become a favorite of Darryl Sutter and should be someone Flames fans come to admire for his work on their penalty kill.

St. Louis Blues Extend Nick Leddy

According to Daily Faceoff’s Frank Seravalli, the St. Louis Blues are closing in on a four-year extension with defenseman Nick Leddy. The team confirmed a four-year deal worth $4MM per season. Leddy was originally acquired by the Blues from the Detroit Red Wings in a mid-season trade.

In St. Louis, Leddy provided what he’s provided at pretty much every stop of his 851-game NHL career. He’s a defenseman who’s at his best with the puck on his stick, moving the play up the ice in order to get his team into the offensive zone. Leddy is among the smoothest-skating veteran defensemen in hockey, and although his offensive production hasn’t been where one might assume it would be for a defenseman of that profile, he’s no slouch there either. Leddy had a healthy eight points in 20 games in St. Louis and five in the team’s playoff run. Leddy could be routinely counted on for 40-plus points in his days as a New York Islander, although those days are likely over.

At 31 years old, the Blues are likely getting a defenseman who can help ease some of Justin Faulk‘s transition-game load. A point total of around 30 would be a reasonable expectation for Leddy, and the hope has to be that he doesn’t age too poorly, as this deal will take him until he’s 35 years old. The Blues will need to shelter Leddy a bit, as he’s far from an effective defensive defenseman, but if coach Craig Berube can deploy him effectively he’ll be a strong addition to a Blues club intent on competing for a Stanley Cup in the near future.

One note is the structure of the deal: the contract is mostly front-loaded, with the salary declining by around $500k per year, per reports. With that in mind, the Blues could be structuring the deal so it can be easily traded in a cap-dumping move similar to the ones we have seen already this offseason.

Justin Schultz Expected To Sign With Seattle Kraken

Former Washington Capitals defenseman Justin Schultz is expected to head to the Seattle Kraken on a two-year deal worth roughly $3MM per season, per Sportsnet’s Elliotte Friedman.

It had been long rumored that the Kraken would be after an offensive defenseman who could help them on their powerplay and help them in transition. Schultz is exactly that, having made his career around his offensive abilities since breaking into the league in 2012-13. Schultz’s offensive production isn’t what it once was, with his 23 points in 74 games representing a sharp decline from his 27 points in 46 games last season.

But even with that in mind, one has to remember that the kind of profile Schultz brings isn’t exactly easily found on the market. Defense-first, crease-clearing defensemen are more common on the open market than ones with fifty-point seasons on their resumes, so Schultz is perhaps the most suitable option for the Kraken if they did not want to dip into the deep end of the market and acquire a player like John Klingberg.

The biggest risk with this signing, though, is in Schultz’s health. Schultz has struggled to play consistently in recent years, and has not been able to cross even the 70 games played mark since 2016-17. At a $3MM price tag, the Kraken will not only need Schultz to be productive, they’ll also need him to be healthy. That’s a major risk to take for a player who just turned 32 years old. Kraken GM Ron Francis entered this offseason with a clear mandate: improve the Kraken offensively. Schultz is his first choice in that quest, and it’s a big swing. Time will tell if it works out.

New Jersey Devils Expected To Sign Brendan Smith

Per Daily Faceoff’s Frank Seravalli, the New Jersey Devils have agreed to terms with defenseman Brendan Smith on a two-year deal carrying a $1.1MM cap hit. This signing represents Smith’s return to the tri-state area, having spent parts of five seasons on the New York Rangers. Smith, 33, is an inexpensive signing for the Devils and one that will help them shore up their bottom pairing.

At this point in his career, Smith isn’t an earth-shattering addition. He’s a bottom-pairing defenseman who averaged just under 14 minutes of ice time last season. He brings a stay-at-home, physical style that got him on the Hurricanes’ penalty kill, where he averaged 1:04 of short-handed ice time per game. A well-respected locker room voice, Smith has shown versatility and a team-first mentality in the past, having even played sporadically as a forward late in his tenure with the Rangers because he lost his spot on their blueline.

This signing won’t be the major win of GM Tom Fitzgerald’s offseason. But for one of the NHL’s youngest teams, adding a safe, veteran defenseman at an affordable price is the sort of under-the-radar move that can make a big impact. Smith won’t be the reason the Devils get back to the playoffs, but if they do end up competing in a cutthroat Metropolitan division, Smith will help steady the ship.