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Will O’Neill Signs AHL Contract With Wilkes-Barre/Scranton

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In a somewhat surprising move, veteran defenseman Will O’Neill was unable to land an NHL contract this off-season. The 30-year-old blue liner was one of several signings announced today by the AHL’s Wilkes-Barre/Scranton Penguins. O’Neill returns to the Pittsburgh affiliate with whom he played for during the 2015-16 season on an NHL contract.

By any measure except age, O’Neill’s career trajectory appeared to be trending upward and certainly away from a minor league contract. The 2006 Atlanta Thrashers draft pick has spent almost all of his six-year pro career in the AHL, but every season except one has been played on an NHL contract. In fact, when O’Neill was last a free agent two years ago, he landed a two-year deal from the Philadelphia Flyers as a valued depth asset. This past season, O’Neill finally made his NHL debut and did not look out of place in a November contest against the St. Louis Blues. He also watched on as the extra man for several games with Philadelphia. In the AHL, O’Neill was a strong defensive presence and also recorded 19 points in 59 games with the Lehigh Valley Phantoms – well off his career-high 50-point mark in an All-Star campaign with the Penguins two years ago, but also in far fewer games and in a more conservative role.

At 30, O’Neill was unlikely to be an NHL regular for anyone this season or in the future, but it certainly seemed like he had established himself as a viable depth option for a team. Obviously, that wasn’t the case as the veteran opted to sign an AHL contract. O’Neill could be the latest victim of a slow market for older defenseman. Similarly situated aging extra defender Taylor Chorney decided to sign overseas last week, while the Boston-area native O’Neill instead chose to stay at home in the U.S. on a minor league basis. Several other veteran defenseman could be choosing between the same two routes – or retirement – in the coming weeks as a quiet off-season wears on.

St. Louis Blues Expected To Sign Patrick Maroon

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Monday: Despite a source telling Rutherford that Maroon would sign in St. Louis, several teams remain in the mix for the power winger. His agent, Ben Hankinson, told Rutherford last night that the Blues are a “strong option” while Andy Strickland of Fox Sports reports that the Arizona Coyotes and New Jersey Devils had shown interest. Lou Korac of NHL.com though has heard that a one-year deal worth $1.7MM with the Blues has been agreed to, and the two sides will negotiate an extension in January.

Sunday: Just two days ago, The Athletic’s Jeremy Rutherford reported that the St. Louis Blues were interested in local product and one of the top unsigned free agents, Patrick Maroon. Now, Rutherford has confirmed his speculation, writing that the big winger will indeed return home to St. Louis and sign with the Blues. Rutherford hears from a source that this is a done deal that could be announced as early as this afternoon, but no details on the salary or term agreed upon have been revealed as of yet.

Maroon, 30, is coming off a career year in which he recorded a career-high 43 points in 74 games split between the Edmonton Oilers and New Jersey Devils. In 2016-17, he also recorded a career-high 27 goals and was one of the team’s top scorers in the postseason. If Rick Nash is indeed set on retirement, or at least taking time off from hockey, Maroon was the top available player on PHR’s Top 50 Free Agents list at No. 12.

Despite rumors that Maroon was interested in a return to either Edmonton or New Jersey, the St. Louis native emerged early as a target of the Blues. However, St. Louis has been busy this off-season, signing David Perron, Tyler Bozak, and Chad Johnson, not to mention several of their own restricted free agents, and then trading for Ryan O’Reilly. Accounting for their official moves to date, the Blues have little more than $5MM in cap space and still need to sign RFA defensemen Joel Edmundson and Jordan Schmaltz to new contracts. As such, many felt that the pairing of Maroon and St. Louis was no longer feasible. Yet, Rutherford reports that the Blues put the “full-court press” on Maroon in recent days, including meeting with him in person and having several members of the team call and convince him to join. It seems that GM Doug Armstrong and the Blues’ front office have a plan for working around St. Louis’ cap crunch.

Maroon is currently rehabbing from off-season back surgery, but is expected to be at full strength for the start of the season. A healthy Maroon is a major boost for St. Louis, even after adding several other impact pieces up front. The 6’3″, 225-lb. forward plays a physical game and is strong on the puck, something that the Blues lacked at times last year. He also adds significantly to their depth at left wing and has a finishing ability that should pair well with many play-makers on the Blues’ offense. While the salary terms will further clarify just how good of a signing this is, it stands to reason that Maroon – who made only $2MM per year on his last contract – is not earning so much as to make the Blues’ salary cap situation irreparable, meaning that he could be a great value for the team moving forward.

The Salary Cap Implications Of A Shea Weber Early Retirement

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When Shea Weber signed a 14-year, $110MM offer sheet from the Philadelphia Flyers in 2012, everyone knew right away that it would end badly. Yes, Weber was 27 years old and one of the top defensemen in the league, but the contract was top-heavy and carried a $7.86MM cap hit through his age-40 season. The chances of him playing to a level matching that value over a full 14 years was very slim. The Flyers knew this and specifically structured it in a way that they hoped would scare the Nashville Predators and frugal GM David Poile away – it didn’t. The Predators had just watched Ryan Suter walk in free agency and couldn’t afford to let Weber leave as well. They matched the deal and held on to their superstar defenseman.

When Weber was then traded to the Montreal Canadiens for P.K. Subban in 2016, the risk in Weber’s contract increased exponentially. The league had since banned all similarly long-term contracts – setting a limit of seven years on the open market and eight years for an extension –  nevertheless the front-loaded, cap-circumventing type that Weber had signed. To combat teams continuing to front-load contracts, the NHL implemented salary cap recapture penalties. This system punishes teams for lengthening contracts with low-salary seasons in order to lower the cap hit during prime years by issuing a salary cap charge if the player retires prior to the end of the contract, thereby negating the years that lowered his cap hit. The calculation is the difference in total salary and total cap hit over the course of the contract with which the player played with the team, divided by the number of years remaining on the contract after retirement. In Weber’s case, the scenario looks like this:

Year           Team           Cap Hit           Salary           Difference
2012-13        NSH             $7.857MM        $14MM           $6.143MM
2013-14        NSH             $7.857MM        $14MM           $6.143MM
2014-15        NSH             $7.857MM        $14MM           $6.143MM
2015-16        NSH             $7.857MM        $14MM           $6.143MM
2016-17        MTL             $7.857MM        $12MM           $4.143MM
2017-18        MTL             $7.857MM        $12MM           $4.143MM
2018-19        MTL             $7.857MM        $6MM           -$1.857MM
2019-20       MTL*           $7.857MM        $6MM           -$1.857MM
2020-21       MTL*           $7.857MM        $6MM           -$1.857MM
2021-22       MTL*           $7.857MM        $6MM           -$1.857MM
2022-23       MTL*           $7.857MM        $3MM          -$4.857MM
2023-24       MTL*           $7.857MM        $1MM          -$6.857MM
2024-25       MTL*           $7.857MM        $1MM          -$6.857MM
2025-26       MTL*           $7.857MM        $1MM          -$6.857MM

So far over the course of Weber’s contract, both Nashville and Montreal have paid him far beyond what his cap hit would suggest. If Weber was to retire today, they would both be penalized. Nashville’s total penalty is $24.572MM, while Montreal’s is fluid. However, next season marks a drop for Weber below his cap number for the remaining eight years of his contract. Now, Weber is not going to retire this off-season. However, the chances that he retires early are very high. Earlier this week, it was reported that Weber had undergone a second off-season surgery and would likely be out until mid-season. Many expected when Weber was traded to Montreal that he still had many years left of strong play in him, but it appears that the deterioration of his body has already begun. Facing a decreasing salary for the remainder of his contract and concerns about his long-term health, it would be no surprise to see Weber retire in the next two years or so nevertheless by the end of the remaining eight years. By year, here is how the penalties would play out for both Nashville and Montreal:

If Weber retires before:      Penalty per year – NSH         Penalty per year – MTL
2019-20                                          $3.51MM                                              $918K
2020-21                                          $4.1MM                                                $762K
2021-22                                          $4.91MM                                              $543K
2022-23                                          $6.14MM                                             $215K
2023-24                                           $8.19MM                                             None
2024-25                                           $12.29MM                                           None
2025-26                                           $24.57MM                                           None

Obviously, the Predators have a lot to lose if Weber retires early. It is very unlikely that Weber, if he makes it that far, is likely to retire with one or even two years left on his contract. At that point, it is likely the Canadiens would just place him on long-term injured reserve to finish his career, as has become a growing trend in the NHL. However, if Weber is unable to get over the injuries that have plagued him in Montreal, could he call it quits within the next few years and stick Nashville with a $3.5-$5MM yearly penalty? Absolutely. It is a scary possibility for the Predators and a situation worth watching as Weber battles back from injury yet again next season and beyond.

All salary and cap figures are approximations. Data courtesy of CapFriendly.com.

San Jose Sharks Promote Tim Burke To Assistant GM

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The San Jose Sharks announced changes to their front office today with several moves coming in their scouting department. Highlighting these changes was the promotion of Tim Burke to Assistant General Manager. Burke joins long-time Assistant GM Joe Will working under GM Doug Wilson. It is a well-earned recognition for Burke, who has spent the past 20 years with the franchise.

Burke had previously served as the team’s Director of Scouting prior to his new promotion. As the Sharks pointed out in their press release, the team has owned the lowest average draft slot in the league over the past 15 years, but Burke and his staff have managed to uncover gems like Joe Pavelski, Logan Couture, and Marc-Edouard Vlasic. Burke’s primary responsibility will continue to be evaluating amateur talent and orchestrating the draft for the Sharks, but he will also take a larger role in the evaluation of professional talent at all levels as well.

Replacing Burke as Director of Scouting is none other than Doug Wilson Jr., the GM’s son. Wilson Jr. is entering his seventh season with the team, most recently as the Sharks’ Director of Hockey Operations, and will continue his previous duties relating to the NHL Draft. Working with Burke, Wilson Jr. will hope to continue San Jose’s success of finding strong players in both the draft and undrafted free agency.

Free Agent Market Quiet For Veteran Defensemen

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Over one hundred free agents have signed a contract with a new team already this off-season. Of that group, just three of those signings are defenseman over the age of 30: the Pittsburgh Penguins’ Jack Johnson, the Vegas Golden Knights’ Nick Holden, and the Dallas Stars’ Roman Polak. While veteran goaltenders and forwards continue to garner major interest on the open market and land substantial contracts, it seems defenders of the same age and experience are not being valued similarly across the league. With the NHL trending more toward a speed and finesse game, older blue liners who depend on positional awareness and seasoned checking ability may no longer be able to compete for jobs with younger players at the position with fresh legs and an open mind.

Of PHR’s Top 50 NHL Unrestricted Free Agents, only nine remain unsigned. Two of those nine players – Rick Nash and Kris Versteeg – may not return to playing pro hockey. Of the seven remaining players, three are defenseman over the age of 30: Dan Hamhuis (#24), Toby Enstrom (#37), and Alexei Emelin (#42).  Good veteran defensemen are out there and make up some of the best available players, but are simply not drawing the interest that was expected. Other unsigned names include Brooks Orpik, Johnny Oduya, Kevin Bieksa, Dennis Seidenberg, Kyle Quincey, Paul Martin, Josh Gorges, and Jason Garrison, none of whom have made considerable noise on the rumor mill. 32-year-old Taylor Chorney even moved on to Switzerland due to a stagnant market for older defensemen.

Will several of these names sign an NHL contract prior to next season? Yes, however it’s unlikely that the majority will find meaningful employment if they haven’t already at this point in the summer. Of the remaining names, the most likely to land jobs are those closer to 30 without as much wear and tear on their bodies. The three players who have already found jobs – Johnson, Holden, and Polak – are all 32 or under. Emelin and Quincey at 32 have good odds, as do Enstrom and Gorges at 33. It would also be a major surprise if 35-year-old Hamhuis went unsigned. However, it would not be a shock to see only those five land a deal. This is a free agent market saturated in experienced, capable veteran defensemen, but few who can keep up with the NHL’s current pace of play. As a result, the supply greatly outweighs the demand and the free agent market for older blue liners could continue to remain quiet.

Coyotes Sign Barrett Hayton To Entry-Level Contract

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The Arizona Coyotes have come to terms on an entry-level contract with their most recent first-round pick. Barrett Hayton, the fifth overall pick last month, has signed his first professional deal, per a team release. It is a standard three-year ELC and, while financial terms were not disclosed, it is fair to assume that he will have a maximum $925K base salary and maximum allowable performance bonuses.

Hayton, who only turned 18 in June, is an intriguing prospect for the Coyotes. While few expected him to be selected as high as he was, there is no doubt that Hayton is a supremely talented player with a high hockey IQ and a two-way game that is well beyond most of his peers’. The talented center registered 60 points in 63 games with the OHL’s Sault Ste. Marie Greyhounds last season and earned an invitation to Team Canada’s World Junior Showcase this summer.

Hayton is still a ways away from owning a pro-ready offensive arsenal and is likely to return to the Greyhounds for at least one more season. However, he does have the potential to be a unique, high-caliber player in the NHL and the type of asset that the Coyotes have been lacking. This contract is little more than a formality, but it is the next step toward an exciting young player heading to Arizona in the future.

Erik Karlsson Trade Talks Have Stalled

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Over the past few days, it seemed like a trade for all-world defenseman Erik Karlsson was imminent. Originally, the Dallas Stars were confirmed to be the leader in the race and deep in talks with the Ottawa Senators on a deal for Karlsson. Not long after, it was the Tampa Bay Lightning who had reportedly pulled ahead and had a deal in place with Ottawa that simply required a third team to take on salary. Some even stated that a deal was done pending a trade call, a rumor that obviously lacked reliability. Karlsson remains a Senator and it now seems like a trade is not coming as quickly as expected.

The Athletic’s Joe Smith, who has had his finger on the pulse of the Lightning’s trade talks, is no longer optimistic about a deal getting done. Smith writes that a deal for Karlsson should not be expected any time soon and that nothing is “imminent or close”. Smith admits that a trade could still work out between Ottawa and Tampa, but it’s no longer the foregone conclusion that some had perceived. Meanwhile the Stars are rumored to have fallen out of favor when they refused to include star blue line prospect Miro Heiskanen in a deal for Karlsson. Sportsnet’s John Shannon believes that the Stars still have a chance to land Karlsson, but it seems that Dallas’ chances depend on whether or not they can be flexible with their offer.

The Senators now have a feel for the market and should be able to work out a fair value for Karlsson soon. However, what isn’t so easy is accommodating their insistence on also sending away Bobby Ryan and his $7.25MM cap hit over four years remaining on his contract. Sportsnet’s Chris Johnston reports today that this is the exact reason that finding a trade partner and working out the details of a deal could prove difficult. A three-team deal, like the one contemplated by Ottawa and Tampa Bay, is the most likely outcome for a Karlsson trade, but such deals don’t develop overnight. A trade could still be a ways away – The Athletic’s Chris Stevenson says that the Lightning, Stars, and Vegas Golden Knights all remain in the running – but Stevenson also says that nothing is close as the Senators have “retrenched” and the suitors are playing hardball. It seems that whichever team is able to up the ante on their offer and also be creative in managing several major contracts will be the team to land Karlsson and change the face of their franchise.

San Jose Signs Undrafted Forward Vladislav Kotkov

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The San Jose Sharks have employed the window to sign undrafted first-year draft eligible players by inking a promising forward prospect. The team announced this evening that they signed Vladislav Kotkov to an entry-level contract. Kotkov has been attending development camp with the Sharks this past week and did enough to earn a deal.

Kotkov, 18, was ranked 81st among North American skaters by NHL Central Scouting heading into the 2018 NHL Draft and was one of the biggest surprises among undrafted players. Kotkov was a first-round pick in the CHL Import Draft last year and enjoyed success in his first season playing major junior, posting 49 points in 61 games for the Chicoutimi Sagueneens of the QMJHL.

The hulking winger stands 6’4″, 205 lbs. and plays a heavy power forward game that matches his frame. Kotkov also developed a surprising finesse game given his stature while developing in his native Russia. Kotkov’s skating concerns likely drove down his draft stock this year, but he was clearly a priority undrafted free agent for the Sharks and can now return to Chicoutimi for another year or two now with some additional guidance from his NHL squad. Kotkov is out to prove to the rest of the league that he was worthy of a draft pick. That chip on his shoulder and size that you can’t teach could mean that Kotkov could one day see NHL action.

Carolina Hurricanes Sign Calvin De Haan

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The Carolina Hurricanes, known for their depth and talent on defense, continue to surprisingly add top blue line names to the roster this off-season. After previously trading for right-handed scoring threat Dougie Hamilton, the team has reportedly agreed to a deal with arguably the top defender on the free agent market, left-landed shutdown defenseman Calvin de Haan. The Raleigh News & Observer’s Luck DeCock first reported that the team has signed de Haan to a four-year, $18.2MM contract – a $4.55MM AAV. The team confirmed the deal soon after.

De Haan, 27, was No. 9 on PHR’s Top 50 Free Agents List. Although he missed the majority of last season due to injury, de Haan has shown a high-end defensive ability in his pro career. The 12th overall pick in 2009 by the New York Islanders, de Haan has proven to be one of the best shot blockers in the NHL and an extremely reliable presence on the back end. Yet has has also improved his offensive production with each year, including a career-best scoring rate prior to his injury last season. While many may have balked at a $4.55MM value for de Haan in a vacuum, he is clearly superior to nearly every other defenseman in this free agent market.

Carolina is a surprise landing spot for the defensive standout though. De Haan’s arrival in Raleigh will only add to a formidable corps of rearguards that includes Hamilton, Justin Faulk, Jaccob Slavin, Brett Pesce, Trevor van Riemsdyk (an RFA), young pros Haydn Fleury and Roland McKeown, and elite prospects Jake Bean, Luke Martin, and Adam Fox. De Haan’s signing very well could be a sign of more changes coming in Carolina under new ownership and new GM Don Waddell. 

Arizona Coyotes Re-Sign Dakota Mermis

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There won’t be any salary arbitration drama with the Arizona Coyotes this summer, as the team has locked up their one arbitration-eligible player. The team announced that they have signed defenseman Dakota Mermis to a one-year, two-way contract. Salary terms have not yet been disclosed.

A two-way contract for Mermis is a nice achievement for GM John Chayka. Not only has Chayka himself spoken highly of the young defender, but Arizona Sports’ Craig Morgan recently called Mermis a legitimate candidate for the No. 7 spare defenseman role for the ’Yotes. An undrafted free agent out of the OHL’s London Knights, Mermis has boosted his stock through his first three pro seasons and seems poised for an NHL career.

Mermis, 24, played in nine games with Arizona last season. He was held scoreless in limited minutes, but did make his mark defensively. After a 19-point campaign with the AHL’s Tuscon Roadrunners that was followed up by an impressive postseason performance, Mermis is likely to push for playtime with the Coyotes next season. However, the two-way nature of his contract will allow Arizona to stash him in the minors if need be.

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