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Decision On Playing Future Coming Soon From Roberto Luongo

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The Florida Panthers have been linked to Sergei Bobrovsky since he made his intention to hit free agency known, but with Roberto Luongo and James Reimer still under contract it didn’t seem possible without an additional transaction. Recently a report surfaced that the Panthers are trying to find a trade for Reimer, but Luongo’s future still was unclear. Today, Frank Seravalli of TSN tweeted that a decision is expected to come from Luongo over the next few days on what he plans to do this season: play, retire, or start the year on long-term injured reserve.

Luongo, 40, has a lingering hip issue that has limited him in recent seasons and theoretically end his career if he decided not to push it further. That could be a solution for the Panthers, who could put his contract on long-term injured reserve for some additional cap flexibility or potentially trade it to a team looking to hit the cap floor. Luongo currently has three years remaining on his current deal, but is owed just over $3.6MM in actual salary on his extremely front-loaded deal. That structure is why retirement is a terrible option for the Panthers (and Vancouver Canucks, who signed the deal in the first place and are retaining some of the salary).

Deals like Luongo’s 12-year contract were outlawed in the latest CBA negotiations, with a cap recapture penalty being put in place for any player that retires early. The idea was to punish teams for adding years to a contract that were never meant to actually be played just to reduce the average annual value. Though there is no consensus currently on the exact numbers, Seravalli tweets that if Luongo were to retire right now the Canucks would face a $3.03MM cap recapture penalty for the next three years, while the Panthers would face a $1.09MM penalty for the same duration.

Still, there is always the option of playing again. While Luongo wasn’t his usual self last season due to the injury, he’s only one year away from a season in which he posted a .929 save percentage, his best since 2004. If the team can find a way to move Reimer, perhaps in a reduced role he could still be an effective option even at his high price tag.

Photo courtesy of USA Today Sports Images

Snapshots: Salary Cap, Clarkson, Vanek

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For quite some time the prevailing thought has been that the 2019-20 salary cap ceiling would climb to $83MM, giving teams a little more room to operate next season after the success of the Vegas Golden Knights and rising league revenues. That might not be the case however, as Bob McKenzie of TSN has spoken to several teams that believe it may come in under $82MM when the NHL and NHLPA come to an agreement later this week.

That’s a very small increase, but with CBA negotiations just around the corner may end up being all that is available to teams this time around. Elliotte Friedman of Sportsnet posits a theory that the league and union will keep the salary cap increases small for the next two years until the next television contract rolls in. The Vegas Golden Knights are one of the teams that will feel the squeeze most, as they already project to have more than $83MM committed to next season, without even signing William Karlsson or Nikita Gusev.

  • One way the Golden Knights could clear some room is by using long-term injured reserve on David Clarkson, who will not play again but still carries a $5.25MM cap hit. Even better would be to get rid of Clarkson’s contract entirely, and Jesse Granger of The Athletic notes that Clarkson’s camp actually submitted his 14-team no-trade list today. As Granger puts it, the submission is simply clerical as it doesn’t matter where Clarkson goes, but needed to be done if the team did want to move his contract at some point soon.
  • Thomas Vanek wants to play again in 2019-20 reports Pierre LeBrun of The Athletic (subscription required), and why not? The 35-year old winger recorded 36 points in 64 games for the Detroit Red Wings last season and is still a relatively effective powerplay option. Vanek is coming off a one-year $3MM deal with the Red Wings and now would be eligible for a bonus-laden contract if he can find a team interested. One of the most consistent offensive players of this generation, Vanek has 789 career points in 1,029 games and had recorded at least 41 points in every one of his 13 NHL seasons before 2018-19.

NHL Players Most Worried About Escrow In Upcoming CBA Talks

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The NHL and NHLPA both have an opportunity to opt out of the current Collective Bargaining Agreement at different dates in September, which could begin the clock towards another work stoppage. There are many issues that the players are concerned about when looking at re-negotiating a new CBA, but according to the Associated Press’ Stephen Whyno, the players biggest bargaining issue is some of their money being taken away from them and being placed in escrow.

Under terms of the CBA, the owners and the players divide hockey-related revenue 50/50, but if player salaries exceed that split, then a certain percentage is placed into escrow and the league gets some of that money to keep the revenue even. However, Whyno reports that the players have lost almost 10 percent of their salary to escrow over the past seven years and the players would like to see that change. In fact, the Associated Press surveyed 25 of 31 player representatives, who said that escrow is the biggest worry among players. Chicago Blackhawks representative Jonathan Toews, when asked the two biggest issues in labor talks, said “A. escrow and B. escrow.”

There are a number of other secondary issues the players would like to tackle in negotiations, including Olympic participation, what the definition of hockey-related revenue is, post-career health care, and the concern that young players are squeezing out older players due to cap constraints. However, the loss of salary concerns players the most, according to NHLPA Executive Director Donald Fehr:

Obviously it’s an irritant to players and from time to time it can be a big one. But the question is how you do it. I mean, you can fix escrow by cutting salaries. I don’t think players are interested in doing that. So it has to become something that you address in a manner which makes sense for the players and addresses their concerns.

Fehr added that escrow has been discussed with NHL Deputy Commissioner Bill Daly and more talks are expected, but there is no easy way to fix the problem without making major changes to the sports’ economics.

 

Snapshots: CBA, Johansson, Canucks

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In September, both the NHL and NHLPA hold opt out clauses for the current Collective Bargaining Agreement, which could eventually lead to another work stoppage in 2020. A stoppage would be a nightmare for fans, but apparently is also not what either side is hoping for this time around. John Shannon of Sportsnet was on 630 CHED in Edmonton today discussing the upcoming negotiations, and told host Bob Stauffer that he is confident a deal will get done:

There will be no work stoppage. There will be no strike. There will be no lockout. Both sides have done too well with this last CBA. What we’re talking about now is tweaks, we’re talking about improving the plight of both sides—and I’m being a little facetious when I say “plight.” This is one where the owners would be thrilled to continue to have this CBA, but they realize that in order to get some harmony with the players they’re going to have to give up a little bit, and in turn the players are going to have to give up something.

Shannon goes on to explain that there will be no compliance buyouts in the next agreement, given that there will be no work stoppage this time. He also suggests the length of contracts may be limited even further, perhaps down to even a five-year cap. While none of this is certain at this point, we’ve been hearing for months that there has been good progress made towards a new agreement.

  • Marcus Johansson has rebuilt his free agent value according to a new piece by Pierre LeBrun of The Athletic (subscription required) which examines the potential market for the Boston Bruins trade deadline addition. LeBrun notes that the Bruins have “begun to discuss the merits of bringing him back” and speaks to both Washington Capitals forward Nicklas Backstrom and New Jersey Devils GM Ray Shero, who both explain that they love the person as much as the player. Johansson has played just 87 regular season games over the last two seasons thanks to injury, but has been a real contributor to the Bruins playoff success and is set to hit the open market at just 28 years old.
  • The Vancouver Canucks have been rumored to be in the market for a defenseman this offseason, and now Rick Dhaliwal of Sportsnet tweets out a few potential options. The reporter has heard that the team will go after Jake Gardiner or Tyler Myers, obviously depending on what happens with the two over the next month. Gardiner and Myers are two of the top options available on the free agent market this season, but provide different skill sets. Myers is a huge right-handed blue liner who recorded his best offensive season—48 points—a decade ago and hasn’t come close since, while Gardiner is just one year removed from a 52 point season from the left side.

Snapshots: NHL Olympic Participation, Pesce, Fleury, Brossoit

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The IIHF held its annual press conference shortly before the semifinals of the 2019 World Championships and the most interesting question asked of IIHF President Rene Fasel was about NHL participation at the 2022 Olympic Games in Beijing, China. Fasel said that much of that will depend on the NHL’s upcoming CBA negotiations, which is expected to expire in 2021-22 season, although either the NHL or the NHLPA can choose to opt out in September of this year.

“I had a short discussion with [NHLPA Executive Director] Don Fehr yesterday,” said Fasel. “It is important for the game of ice hockey, 100 per cent. We should show our product at the highest level. I’m happy that 119 NHL players are here (at the World Championships). And they don’t come for the money, they come to represent their countries and end the season in a good atmosphere.”

Fasel said that he would like to get confirmation of NHL participation as soon as possible, but has not set a deadline.

  • Now that the Carolina Hurricanes season is over, Sportsnet’s Elliotte Friedman on his 31 Thoughts column reports that one player who was unhappy and wanted a trade was defenseman Brett Pesce. The 24-year-old blueliner was unhappy earlier in the season when he was seventh on the team in ice-time, playing 1:31 minutes less than his 2017-18 totals. However, his ice time increased after New Year’s Day as he averaged 21:20, which was third on the team only behind Jaccob Slavin and Justin Faulk. His playoff numbers were even higher, which has appeased Pesce and should end any trade talk. Friedman adds that the team will most likely trade defenseman Haydn Fleury instead this summer as he is no longer waiver-eligible and the team would almost guaranteed lose him if he couldn’t win a roster spot.
  • The Winnipeg Jets locked up their backup goaltender, restricted free agent Laurent Brossoit, to a one-year, $1.225MM contract earlier today. After struggling in an earlier stint in his career in Edmonton, the goaltender said that signing with the Jets was a priority due to his friendship with fellow goaltender Connor Hellebuyck. “There’s only one other guy that you can relate to on a full level,” Brossoit said (via Jets’ TV host Jamie Thomas). “For it to be with a friend, same age, similar interests and we get along very well. Just makes a season that much more enjoyable.”

2019 Buyout Window To Open June 15th

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While St. Louis’ 2-1 win over San Jose on Friday night to tie the Western Conference Final was significant in itself, it also played a role in locking in a key day on the offseason calendar.  The schedule for the Stanley Cup Final has been set which means the buyout window is now locked in as well.  The window opens up on the later of June 15th or 48 hours after the conclusion of the Stanley Cup Final.  The latter can end no later than June 14th which means that teams will have to wait until the 15th to begin the process of buying out players.

As a refresher on the rules, players must pass through unconditional waivers in order to be bought out unless they have a no-move clause.  In those instances, the player can simply block the waiver placement and accept the buyout.  Injured players cannot be bought out.  The standard cost to buy a player out is paying two-thirds of his remaining salary (excluding signing bonuses which are 100% payable) over two times the remaining term on the contract.  That applies for anyone 26 and over.  If a team wants to buy out someone younger than that (a rarer occurrence), the cost drops to one-third of the remaining salary.

With several teams facing difficult salary cap situations for next season, it’s likely we’ll see some activity on this front before the window closes on June 30th.  Teams can acquire and then immediately buy out a player as Colorado and Montreal did last summer with Brooks Orpik and Steve Mason respectively.  It wouldn’t be surprising if there are more moves like that this offseason as teams with extra payroll room look to leverage their cap space and buy out a player while taking on additional assets from other teams.

Pacific Notes: Kesler, Eaves, Ruggiero, Schueneman, Brassard

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The Anaheim Ducks have struggled with injuries all season and it doesn’t sound like the odds are good for two of their veteran forwards to return this season. GM and interim head coach Bob Murray issued a statement today offering an update on the status of both Ryan Kesler and Patrick Eaves and did so without much optimism. Kesler has missed the Ducks’ past seven games with a hip injury and will meet with team doctors soon to evaluate his recovery. Murray states that Kesler, 34, needs to consider his long-term overall health and that discussions have been ongoing between the team, player, and agent about the best course of action. Murray’s best guess is that “I doubt strongly you’ll see him again this year.” As for Eaves, also 34, the prognosis is similar. Eaves continues to struggle with the effects of a condition similar to Guillain-Barre Syndrome, which cost him all but two games last year and seven games this year. Murray revealed that Eaves has “has a setback” and is “struggling”. He states that Eaves’ focus is simply getting back to a normal life before focusing on a return to hockey. Eaves was hardly expected to return to the Anaheim lineup this season, but Murray’s comments all but assure that his year is over.

  • Rather than sign 2015 sixth-round pick Steven Ruggiero to an entry-level contract, the Ducks have opted to sign him to an amateur tryout offer with the AHL’s San Diego Gulls. Ruggiero struggled to make much of an impact at the college level in two years with Providence College and one year at Lake Superior State University before finally enjoying a strong senior season with the Lakers. A U.S. National Team Develop Program product, Ruggiero has ability, but has not shown consistent offense for much of his hockey career. The 6’3″, 216-lb. defender plays a heavy game and could potentially be a a good stay-at-home option at the next level, but the Ducks will first take a look to see how he plays in the AHL down the stretch. A strong performance will likely lead to an ELC, while a disappointing debut will likely lead to Ruggiero becoming a free agent later this summer.
  • The AHL’s Stockton Heat, the affiliate of the Calgary Flames, have signed Western Michigan University captain Corey Schueneman to a contract for the 2019-20 season. The two-way defenseman will join the team on an amateur tryout for the rest of the season in the meantime. Schueneman, a standout in the USHL prior to his college years, has always been a capable contributor on the blue line but can also hold his own defensively. A well-rounded prospect, the Flames will no doubt keep an eye on Schueneman’s development next season.
  • The Vancouver Canucks have gone the opposite way of their divisional rivals today, informing a prospect that he will not be signed. Sportsnet’s Rick Dhaliwal reports that the team has informed OHL defenseman Matt Brassard that they will not offer him an entry-level contract prior to the deadline to do so on June 1st. Per the CBA, a team must tender a contract offer to a junior player within two years after they are drafted or that player may re-enter the NHL Draft. Brassard, a 2017 seventh-round pick, will thus try his hand at another go-round in the draft this June. The Canucks’ decision is somewhat surprising; Brassard has been a point-per-game player for the Niagara Ice Dogs since coming over from the Oshawa Generals earlier in the season. Altogether, he has 56 points in 65 games – his second straight season of 50+ points – to go along with a 6’3″ frame and decent defensive ability. Admittedly, Brassard’s game is not without flaws and he has been sheltered by the immense talent in Niagara this season, but the 20-year-old blue liner still seems like a player worth taking a shot on with an entry-level deal.

Free Agent Profile: Justin Brazeau

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While many observers are caught up in the college free agent market right now, the prize among undrafted free agents hails from the junior ranks. Justin Brazeau, a 21-year-old winger from the OHL’s North Bay Battalion, is ready to be an impact pro player as soon as his season ends, which could be sooner rather than later.

The OHL regular season has ended and the playoffs are set to get underway, beginning on Thursday. Brazeau suited up in all 68 games for the Battalion this season, recording 61 goals and 113 points. The massive output by the North Bay captain was good enough for the league lead in goals and second in scoring behind only top Dallas Stars prospect Jason Robertson. Yet, it wasn’t enough to place the Battalion among the top teams in the league. North Bay finished seventh in the Eastern Conference and face a daunting match-up with Robertson and the Niagara Ice Dogs in the first round.

If Brazeau and the Battalion do indeed make an early exit – a sweep would end the series by the middle of next week – Brazeau could sign his entry-level contract by the end of the month. Of course, as a junior player he could sign an ELC at any time, but at this point Brazeau seems willing to wait until his final year of juniors is officially over. He has likely had conversations with many teams already, but seems poised to look at all options for the next step in his career.

Brazeau should be able to choose freely any team in the NHL he likes for his first contract. The overage forward is more than just numbers; while many before him have dominated the junior level offensively only to flame out at the pro level, those players tend to be smaller in stature and able to skate around their opposition at the junior level. Brazeau is a different type of player entirely. At 6’6″ and 225 lbs., Brazeau is a bona fide power forward. He has great skill and offensive instincts, but can hold his own defensively with great size and strength. In fact, maybe the only weakness that could prevent him from continuing to be a contributor in the NHL is his skating. If he can improve upon his ability to get back and forth, Brazeau can be dangerous in both ends.

Potential Suitors

The short answer is that all 31 teams have likely checked in on Brazeau. A junior player of both this size and production are few and far in between and all of the NHL is on alert that Brazeau could be a special player. At the cost of an entry-level contract, it would be silly for any team not to take a chance on the big scoring forward.

However, there are some leaders in the pursuit. Of course, the Toronto Maple Leafs are always a top contender. An Ontario native, Brazeau could have the opportunity to play on a top team close to home, while the Leafs are desperate for affordable help as they face an impending cap crunch and could afford to add some more size up front as well. Similarly, Brazeau could choose to play relatively nearby in Ottawa, as the Senators need all the help they can get and Brazeau could immediately take on a major role.

Brazeau also has some history with a pair of NHL teams. The undrafted product did spend time at development camp with both the San Jose Sharks and Columbus Blue Jackets over the past few years and may have maintained relationships with those clubs. Both the Sharks and the Blue Jackets are talented teams on which Brazeau could find immediate success.

However, San Jose and Columbus, as well as Toronto, are deep up front. Brazeau wants to play as soon as possible and may not get that chance this season with one of those three teams. The Boston Bruins and Pittsburgh Penguins are two top contenders who do have flexibility in the top-nine and could be willing to give Brazeau a shot right away. The New York Rangers aren’t at the same competitive level as those teams, but are shockingly thin at right wing and Brazeau could hypothetically play

Projected Contract

Brazeau is going to sign an entry-level contract, so there is a limit on both base salary and potential bonuses, both of which he will likely max out. It will also be a three-year term, per the CBA. The key to signing the power forward will instead be who is willing or even able to burn the first year of the contract this season. Brazeau has shown that he has the size, skill, and competitive nature to play in the NHL and will want to prove that right away. The potential future star will also want to get another year closer to making real money. If a team can promise Brazeau play time this year, it will go a long way in locking him up. If such a landing spot doesn’t exist, he could opt for a team with which he can play the greatest role next season.

Atlantic Notes: Zadina, Holmstrom, Steen

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When Detroit Red Wings rookie forward Filip Zadina takes the ice tonight, it will mark his fifth NHL game. More importantly, it means he is halfway toward burning the first year of his entry-level contract. Under the NHL CBA, an 18- or 19-year-old player may have their entry-level contract “slide” if he does not play a minimum of 10 NHL games in a given season. For the first-year pro Zadina, this looked like a likely outcome for much of the year. The No. 6 overall pick in the 2018 NHL Draft had played exclusively in the AHL this season until late last month, when he was finally recalled by the Red Wings. Now Detroit has a decision to make.

With 14 games remaining in the regular season for a team that is well beyond any playoff hopes, the Red Wings brass must decide if they want to limit Zadina to less than five more games down the stretch, thereby extending his rookie deal by one year, or instead continue to provide NHL experience to an elite young player who is likely to be a regular contributor beginning next season. Zadina, a talented forward who had recorded 31 points in 45 AHL games prior to his recall, projects to see a major raise in his next contract given his draft pedigree and expected production over the next few years, giving Detroit all the more reason to extend his affordable entry-level deal if possible. However, to both appease the young core player and further his development, they may just opt to keep Zadina in Detroit for the remainder of the season at the cost of burning a year off the deal. Either way, Zadina is bound for a return to the Grand Rapids Griffins for a postseason run, so the only question is simply when he is sent back down. Two other players who risk losing their “slide” status are Boston Bruins defenseman Urho Vaakanainen and Carolina Hurricanes forward Martin Necas, both of whom are presently in the AHL and have played a handful of games in the NHL this season and would be near the top of the recall list if their team was to suffer injuries down the stretch or in the postseason.

  • One Red Wings prospect who looks like he may never suit up for the team is Axel Holmstrom. All season long, there has been rumors that the 22-year-old Swedish forward was eyeing a return to Europe when his current contract expired at the end of the season. Although Holmstrom will be a restricted free agent, Detroit can do nothing to keep him in the system if he wishes to leave and can only retain his NHL rights moving forward by making a qualifying offer. The doubt about Holmstrom’s longevity in North America even prompted his KHL rights to be traded this season. However, a new report from Swedish news source Kvall Posten has turned up the heat on the Holmstrom rumors and makes it sound as if the NHL and KHL are both out of the running already. The article states instead that Holmstrom has become a hot commodity back home in Sweden, with several SHL teams reportedly already bidding for his services. In fact, it is stated that two well-known teams have already been priced out. Skelleftea AIK, the team Holmstrom played for prior to coming to North America three years ago, and the Vaxjo Lakers HC, another top contender in SHL this season, are both expected to be out of the running. The remaining bidders are thought to be current league leader Lulea HF, whose GM recently met with Holmstrom in person in Grand Rapids, and HV71, who are believed to have made the highest offer. With this kind of bidding war going on among teams in his home country, it is very unlikely that Holmstrom will be back with Detroit next season. The young forward has been consistent if unspectacular in two full AHL seasons with the Griffins and does not seem all that close to pushing for a regular role with the Red Wings. He is bound to land a greater role and a raise on his current salary of less than $700K if (when) he returns to Sweden.
  • One player looking to make the opposite move – a jump to the NHL – is Boston Bruins prospect Oskar Steen. A sixth-round pick in 2016, Steen immediately looked like a steal for the Bruins. The small, but skilled forward played 47 games in the SHL as an 18-year-old in 2016-17 and then followed it up by making the Swedish World Junior team last year while again playing in 45 SHL games and doubling his previous point total. However, this year he has shed his role player status and blossomed into a top scorer for Farjestad BK. Still just 20, Steen has nevertheless posted 37 points in 44 games to lead all forwards in scoring and help the team to a top playoff seed. His play has begun to garner attention outside of Sweden. The Providence Journal’s Mark Divver notes that Steen is being considered for a spot on Sweden’s entry into the upcoming World Championships, while adding that he is expected to sign with Boston this off-season. Steen will likely have to spend some time in the AHL at first, but is yet another young forward who will push for ice time with the Bruins next year.

Jaden Schwartz Receives Max Fine For Cross-Checking

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Cross-checking is apparently the flavor of the week for the NHL Department of Player Safety. After handing Winnipeg Jets defenseman Ben Chiarot a maximum fine for cross-checking on Monday, they have assigned the same punishment to St. Louis Blues forward Jaden Schwartz, per an announcement. Schwartz will be out $5,000 as a result of his actions, the most he could be fined under the CBA.

The hit in question was on Carolina Hurricanes defenseman Dougie Hamilton in last night’s game between the two teams, a convincing 5-2 Hurricanes win. Late in the first period, Hamilton delivered a hard, but legal check on Schwartz along the boards and Schwartz decided to retaliate with a cross-check up high on Hamilton. The decision cost Schwartz a two-minute minor right away, but has cost him even more in retrospect. It’s another knock against Schwartz in a disappointing season for the 26-year-old winger. Schwartz has just 28 points through 58 games and it could be that his offensive frustration is beginning to boil over into his checking game.

Player Safety might not be done dolling out discipline today. They have also announced that New Jersey Devils forward Kurtis Gabriel will have a hearing this afternoon in regards to a boarding penalty against the Philadelphia Flyers’ Nolan Patrick last night. So too will Winnipeg Jets forward Adam Lowry for what’s being called “high-sticking/slashing” on Nashville Predators forward Filip Forsberg. With the Devils set to face the Boston Bruins tonight, the department will likely act swiftly in their punishment of Gabriel following his hearing, while they can take more time with the Lowry decision as the Jets are off today.

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