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Snapshots: Laine, Lankinen, CBA Talks

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While Patrik Laine was eventually traded to Montreal, it appears as if that wasn’t the originally planned destination for the winger.  La Velle E. Neal III of the Minneapolis Star-Tribune reported earlier this week that the Wild had been in discussions to acquire the 26-year-old with GM Bill Guerin acknowledging to him that he thought he had a chance to get Laine.  However, Guerin indicated that Laine didn’t want to go to Minnesota which implies that the Wild were one of the teams on his partial no-trade list.  Considering his $8.7MM cap hit and Minnesota’s particularly tight cap situation, it would have been interesting to see how Guerin was going to make it work in terms of fitting in Laine’s contract on their books.

Elsewhere around the hockey world:

  • While the Canucks have been linked to veteran goaltender Kevin Lankinen on the tryout front as they look to get some insurance for training camp, Postmedia’s Patrick Johnston relays that the veteran’s intention is to secure a full contract offer and not go the PTO route. The 29-year-old has been a backup for the last four seasons, posting a respectable 3.05 GAA with a .905 SV% over stints with Chicago and Nashville but with so few teams needing goalie depth at the moment, a guaranteed deal at this point will be hard to come by for Lankinen.
  • Marty Walsh, executive director of the NHLPA, told ESPN’s Greg Wyshynski that there have not yet been any major discussions pertaining to the next CBA, noting it’s still a bit early to get into those talks. The current agreement is set to expire following the 2025-26 season.  This will be Walsh’s first CBA that he works on after taking over for Don Fehr back in 2023.  While it was recently noted that there is an uptick in signing bonus money for 2026-27 as insurance against a possible work stoppage, Walsh indicated that it shouldn’t be construed as a sign of possible concern.

Bonus Laden Contracts Trending Upwards Before CBA Expiration

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TSN’s Travis Yost analyzed the growing number of bonus-laden contracts in the NHL and directly correlated it to the upcoming expiration of the current Collective Bargaining Agreement between the NHL and NHLPA. There are several issues at hand once the CBA expires after the 2025-26 NHL season but many players are beginning to protect themselves with higher bonuses and lower salaries.

The protective nature of signing bonuses in a potential lockout is straightforward. Signing bonuses are due in the summer months leading up to the start of the season meaning a lockout wouldn’t prohibit a player from receiving it. Players’ salaries are typically frozen during a lockout which has been a misfortune used to strongarm the NHLPA during the 2004-05 and 2012-13 lockouts.

Yost shows in the article that the percentage of contracts containing signing bonuses has been climbing as approximately 80% of deals signed from January 2024 included signing bonuses for the 2026-27 NHL season. The players are putting themselves in a much better bargaining position once the current CBA ends as ownership groups won’t be able to hold their frozen salaries over their heads.

There are 38 players in the league with signing bonuses totaling $3MM or more for the 2026-27 season and another 22 players with $1MM or more. Rudimentary math works it out to around 8% of players carrying signing bonuses in their deals assuming that all 32 teams keep a 23-man roster for the 2026-27 season.

That number will surely expand over the next two summers as the likes of Connor McDavid, Leon Draisaitl, Mikko Rantanen, and Artemi Panarin among others will see their current contracts conclude and will certainly be looking to protect themselves in case of a lockout. We are still about a year and a half away from action picking up on the new CBA between the NHL and NHLPA but the players are already taking the necessary steps to protect their financial security.

Breaking Down The Roster Freeze Rules

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The NHL is now in its annual roster freeze period which runs through December 28th.  However, there still have been several transactions today and there are likely to be several more in the coming days.  Let’s take a look at Rule 16.5 (d) in the CBA and go over what is and isn’t allowed during this period.

The first section of the rule reads as follows:

(i) For all Players on an NHL Active Roster, Injured Reserve, or Players with Non-Roster and Injured Non-Roster status as of 11:59 p.m. local time on December 19, a roster freeze shall apply through 12:01 a.m. local time December 28, with respect to Waivers, Trades and Loans; provided, however, that Players may be Recalled to NHL Clubs during this period and, provided further, that if a Player is placed on Regular Waivers prior to the roster freeze period and is claimed during such roster freeze period, the roster freeze period shall not apply and the Player shall immediately report to the claiming Club. However, during the roster freeze period a Club can make any Player transactions necessary for the Club to come into compliance with Article 50 as a result of a Player being removed from the Bona-Fide Long-Term Injury/Illness Exception.

First, it’s worth noting that recalls are still permitted so if a team has an injury in a game over the next couple of days, they will be able to bring up a replacement player as long as they remain cap-compliant.

In terms of what can’t be done, trades are certainly off the table as are waivers in the majority of circumstances.  The exception is for a team to get into cap compliance to activate someone from LTIR.  In that situation, demotions including waivers are still allowed.  That said, we generally don’t see that happen at this time of year.

Now, let’s move on to the second section which digs into the majority of what we’ll see in the coming days:

(ii) Notwithstanding Section 16.5(d)(i), a Player on emergency Recall may be Loaned during the roster freeze period and a Player who was Recalled after December 11 may be Loaned through 11:59 p.m. local time on December 23, provided such Player is not required to be placed on Waivers during the roster freeze period in order to effectuate such Loan.

Anyone who is brought up on a recall after December 11th is still eligible to be sent down as long as it’s done by the end of Saturday.  Sometimes, moves might be registered by then but won’t actually be announced publicly until the 24th.  Meanwhile, a player on an emergency recall (when a team has fewer than twelve healthy forwards, six healthy defensemen, or two healthy goalies) can also be sent down when the emergency situation no longer applies.

In all likelihood, we’ll see a lot of these loans late on the 23rd, allowing teams to bank cap space for three days when the league shuts down between the 24th and 26th.  If the player has recently cleared waivers, the demotion would also stop the 30-day clock (before needing to clear again) for a few days.  The roster freeze may be in effect but there is still bound to be a high number of transactions during this time.

June 2023 Critical Dates Calendar

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There are a maximum of seven games left in the 2022-23 playoffs with the Golden Knights and Panthers kicking off the Stanley Cup Final on Saturday and the offseason activity is soon to begin.  When it does, it will come quickly as June is a particularly busy month on the calendar.  CapFriendly recently provided (Twitter link) an overview of the key dates ahead.  Here’s a rundown of those dates and their importance.

June 1:

4 PM CT: Deadline to sign certain draft picks.  If these players don’t sign by this time, the team who drafted or acquired the player will lose the rights.  If they remain draft-eligible, they’ll go back into the draft.  Otherwise, they’ll become unrestricted free agents.

4 PM CT: Deadline to tender a Bona Fide offer to 2022 draftees.  This one falls under the radar but teams actually have to extend an offer to each player they picked in order to retain their rights.  It only has to be a minimum salary agreement and can be done as a formality quickly after the draft.  Periodically, teams opt not to tender an offer and if that happens, they lose the rights to the player.

June 15:

4 PM CT: Deadline for teams to sign international players under contract for next season.  For example, a team has a European prospect that is signed through 2023-24.  In order to register a valid NHL contract for next season through the transfer agreement, the player must be signed by this time.  This also applies to players that are presently free agents in the NHL.

Later of June 15 or 48 hours after Stanley Cup Final ends:

Opening of the first buyout window.  This could come as late as June 21st if the Cup Final goes the distance.  Teams can execute regular buyouts, paying two-thirds of the remaining salary of the player over two times the remaining length of the contract.  That rate drops to one-third if the player is younger than 26 at the time of the buyout.

Deadline for first club-elected arbitration.  Teams can elect to take a player to arbitration instead of waiting to see if that player opts to file later in the summer.  It would be a way to ensure that a contract is in place instead of running the risk of a holdout.  Players can only be taken to arbitration once in their career and must be arbitration-eligible to do so; they can’t do so with unrestricted free agents.  It’s rare that a team goes this route and even rarer that it’s done at this point.  There is a second window that briefly opens in early July and that’s when the odd club-elected arbitration is announced.

June 28/29

NHL Entry Draft

June 30

4 PM CT – Closure of regular buyout window.  Teams could have a second window open up later in July if they have arbitration filings.

4 PM CT – Qualifying offer deadline.  Any player who doesn’t receive one will become an unrestricted free agent the next day.

6 PM CT – RFA Contact Period.  Players who have been tendered a qualifying offer are eligible to discuss offer sheets with other teams.  No formal offer can be made until free agency officially opens on July 1st at 11 AM CT.

If you’re wondering about a UFA Contact Period, there isn’t one of those anymore.  Officially, teams aren’t allowed to speak to unrestricted free agents until July 1st at 11 AM CT.  Unofficially, we know that rule isn’t exactly being enforced based on the high number of contracts officially announced mere minutes after the market officially opens up.

With more than 200 players joining teams in the draft, quite a few players being non-tendered, and, as things stand at least, more than 300 players set to hit the open market barring them re-signing, the final few days of June and the beginning of July figure to be quite the frenzy.  Between those and the usual increase in trade activity around that time, we’ll be in for a very busy stretch of transactions in the not-too-distant future.

Hockey Canada Releases Initial 2023 World Championship Roster

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Hockey Canada has released the initial complement of 20 players that will represent their country at the 2023 IIHF Men’s World Championships next week in Finland.

It’s a more experienced roster than their American counterparts released, at least in terms of current NHL caliber. In net, they’re likely the most well-set team in the tournament, with projected rookie sensation Devon Levi sharing the crease with Montreal Canadien Sam Montembeault, who had a strong season in a tandem role with Jake Allen.

While 2023 presumptive first-overall selection Connor Bedard won’t join the team, likely to avoid risking injuries prier to his rookie season in the NHL, projected second-overall pick Adam Fantilli will. After capturing the Hobey Baker award in what’s likely his only season at the University of Michigan, Fantilli will join seasoned NHL veterans such as Milan Lucic, Scott Laughton, and Tyler Toffoli as Canada goes for gold at the Worlds.

Their defense is highlighted by MacKenzie Weegar. Although he had a tough season in Calgary, he’s not far removed from being a top 20 defender in the world and should make a significant impact at the tournament. Youngsters Pierre-Olivier Joseph and Justin Barron will also get a chance to shine for the Canadians.

The full 20-player roster is as follows:

F Cody Glass
F Jack McBain
F Milan Lucic
F Peyton Krebs
F Scott Laughton
F Jack Quinn
F Jake Neighbours
F Lawson Crouse
F Tyler Toffoli
F Sammy Blais
F Joe Veleno
F Adam Fantilli

D Pierre-Olivier Joseph
D Justin Barron
D MacKenzie Weegar
D Tyler Myers
D Ethan Bear
D Jake Walman

G Devon Levi
G Sam Montembeault

Sam Lafferty Fined For Cross-Checking

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While the Toronto Maple Leafs may have escaped their first game in Tampa Bay this series with a stunning overtime victory, not all of their players will leave last night’s game entirely unscathed.

Bottom-sixer Sam Lafferty, a trade acquisition this season from the Chicago Blackhawks, has been fined just over $3,000, the maximum allowable under the CBA, by the NHL’s Department of Player Safety.

Lafferty follows Michael Bunting (who earned a three-game suspension for a dangerous high hit on Lightning blueliner Erik Cernak) as the second Toronto player to receive supplemental discipline these playoffs.

Lafferty’s fine is for cross-checking Tampa Bay forward Ross Colton during last night’s game. Late in the second period, with the Lightning up three-to-two, a frozen puck from Ilya Samsonov prompted a relatively regular net-front scrum between Colton and Lafferty. They gave each other a shove as they jostled for position before Colton turned around and Lafferty delivered a cross-check to his head area.

The 28-year-old Maple Leaf received a minor penalty last night in addition to today’s fine. Under contract through next season, Lafferty has scored seven points in 22 total games for Toronto and served as an important defense-first role player. He’ll look to put this fine behind him and help Toronto take a commanding 3-1 series lead on Monday.

Ty Dellandrea Fined For Goaltender Interference

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The NHL Department of Play Safety announced a fine for Dallas Stars forward Ty Dellandrea in response to his interference with New York Rangers goaltender Igor Shesterkin in yesterday afternoon’s game. Dellandrea was fined $2,333.33, the maximum allowable under the CBA

The incident happened towards the end of the first period, as the Rangers moved the puck out from behind the net, Dellandrea cut in front of the net, ultimately leading to his right leg sweeping out Shesterkin’s left leg. Shesterkin was brought down and was slow to get up, but did stay in the game. Dellandrea was assessed a two minute penalty for the hit on Shesterkin, as well as an additional two minutes for roughing, for which an identical penalty was called on Rangers forward Artemi Panarin.

It appears Shesterkin has avoided injury, allowing the Rangers to breathe a sigh of relief in regards to their Vezina Trophy winning netminder. Dellandrea, 22, was playing in just his 36th career NHL game, though in his third season in the Stars organization. Thankfully for Dellandrea and Dallas, the player was able to avoid suspension, but this fine will go on his record for future consideration should he have to face discipline again.

NHLPA Begins Search For New Executive Director

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While the seasons of many NHL clubs end tonight, the work for the NHLPA is just beginning. The Players’ Association has announced that their Executive Board has voted to form a search committee to begin the process of finding a new executive director of their union. The union released a statement to go along with their announcement:

The many players who have played in the NHL over the last eleven years greatly appreciate the significant accomplishments under the leadership of Don Fehr.  Don joined the NHLPA after a long and successful career as Executive Director of the MLBPA and quickly stabilized the union following a very difficult period.  He led the NHLPA through the owners’ 2012-13 lockout and negotiated a new CBA that created a defined benefit pension plan which will greatly benefit players for generations to come. Don played an important role in reviving the World Cup of Hockey in 2016. After Covid-19 forced the suspension of the 2019-20 season, Don led the bargaining that resulted in an extension of the CBA in July 2020 and allowed for the 2020 Stanley Cup Playoffs to be played. We look forward to continuing to work with Don as we go through the succession process.

While this news comes at an unexpected time, it is not entirely out of the blue. Fehr’s future was already under scrutiny, with Frank Seravalli of Daily Faceoff previously reporting that there was a level of discontentment regarding Fehr’s leadership that could necessitate a change. The timeline of this move is a bit shocking, though, as many believed the process would be left for the summer, including TSN’s Pierre LeBrun.

But as is made obvious by this announcement, the NHLPA decided now was the time to make a change. While Fehr’s role may not put him into the attention of most NHL fans, his job is one of major importance. As the leader of the NHLPA, he is the highest-level executive who represents the players as a whole, and he leads their charge in any contentious labor negotiations with the league. There will undoubtedly be many who will vie for this coveted position, and who the players choose could signal the direction they go in their future negotiations with the league. The NHL has been lucky to avoid a lockout similar to the one Major League Baseball faced this winter, so perhaps one major priority for the players will be finding a candidate who can maintain labor peace, but of course, only time will tell.

Colton Sissons, Evander Kane Earn Fines

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The NHL Department of Player Safety has handed out a pair of fines today, deciding against suspensions for both Nashville Predators forward Colton Sissons and Edmonton Oilers forward Evander Kane.

Kane has earned a $5,000 fine for kneeing Los Angeles Kings defenseman Sean Durzi in last night’s game, the maximum allowable under the CBA. The incident in question took place in the second period, with Kane extending his leg to get a piece of Durzi as the puck was sent up ice. The Oilers forward received a two-minute minor penalty for the hit and will now lose a bit of cash as well.

Sissons meanwhile has earned a $2,500 fine for spearing Ottawa Senators forward Josh Norris in last night’s match. That amount is notably not the maximum, and Sissons did not receive a penalty from the on-ice officials.

While they’ve avoided suspensions this time, both incidents will go on the record for Kane and Sissons, meaning any future transgressions could be penalized more harshly. Still, given how important every game is down the stretch, being available for their teams is obviously the most important thing.

NHL GM Meetings Roundup: Salary Cap, LTIR, No Trade Clause, Russian Draft Picks, Officiating, Revenue

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With the conclusion of this year’s NHL GM Meetings, NHL Commissioner Gary Bettman and Deputy Commissioner Bill Daly gathered for media availability earlier today to discuss the meetings, including their thoughts on certain hot topics, potential changes to rules, and the overall state of the game.

One change reported earlier was that the salary cap is expected to increase by $1MM next year to $82.5MM. Although the salary cap is expected to remain flat through 2024-25, Bettman clarified that a $1MM increase on the cap is still in-line with a flat cap. Albeit a small change, the extra space could stand to benefit some teams who are already dangerously close to the cap ceiling and project to be in the same position next year. Bettman did add that after 2024-25, he expects that the cap would increase more substantially.

  • On the much-discussed LTIR situation in the NHL, Bettman and Daly did not express much concern, a relay of the feelings of the 32 teams. Bettman did acknowledge the situation, but said that it was “not going to be addressed as a front-burner issue anytime soon.” In regards to teams who have players return right at the start of playoffs, a seemingly convenient occurrence, Daly clarified the NHL’s process of handling these issues, noting that the league, when a player is placed into LTIR, requests the projected date of return, and if that date is around the start of the playoffs, they do look deeper into it and may even use an independent medical expert to verify the proposed timetable.
  • Touching on no-trade and no-movement clauses in light of the Evgenii Dadonov non-trade, Daly said that the league has already had discussions with the NHLPA about the possibility of having a rule requiring all such clauses to be filed with both the NHL Central Registry and the NHLPA. Ultimately, a new software that the two sides could share to store and access the clauses, appeared to be an idea on the table for the league. To get the process started, Daly added that a draft letter agreement had been written and the league was planning on sharing that with the NHLPA today in hopes of jumpstarting negotiations.
  • When asked about any possible restrictions on Russian players in the upcoming NHL Entry Draft, Daly did not anticipate any restrictions, but did qualify that the state of the world could be much different at that time.
  • On the topic of officiating, Bettman explained that he thought the officiating meeting went well, with the topic of the meeting being merely an update, and that it was otherwise uneventful. Bettman also appeared surprised that anyone thought the meeting could be construed as contentious and did not share those beliefs when asked.
  • One last topic that many hockey fans may gloss over, is revenue. Bettman mentioned that the league expects revenue to once again hit the $5B mark this year, notwithstanding the attendance restrictions and movement of games in the Canadian markets in late 2021 and early 2022.
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