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Shattenkirk “More And More Likely” To Be Dealt As A Rental

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We’ve now seen four trades made in the past week as the trade market picks up before next Wednesday’s trade deadline. On the latest edition of Insider Trading, TSN’s Bob McKenzie, Darren Dreger, and Pierre LeBrun dropped some tidbits about potential trade activity.

The main topic of discussion was the consensus best player available in St. Louis Blues defenseman Kevin Shattenkirk. McKenzie believes that the likelihood of Shattenkirk being dealt as a rental is becoming “more and more likely” as the days pass. Beginning with the Edmonton Oilers last June, three teams have had trades fall through because Shattenkirk wasn’t willing to sign long-term. The most recent team to have a deal in place was offering a seven-year, $42MM contract, according to McKenzie.

That’s a hefty price to pay for Shattenkirk, taking into account the acquisition cost. Blues GM Doug Armstrong is not wavering on his asking price of a first round pick, a top prospect, plus “something else.” While some teams may balk at that cost, Dreger reports that teams will continue to kick tires until the deadline. Dreger believes the Toronto Maple Leafs, New York Rangers, and Tampa Bay Lightning have already been in touch but have concerns about the price.

While Shattenkirk may view himself as a rental, that’s not to say a team couldn’t acquire Shattenkirk with the intention of pitching him on staying beyond this year. As we reported earlier today, TSN’s Frank Seravalli believes that Oilers GM Peter Chiarelli should be confident in his ability to pitch his team to Shattenkirk, as they appear poised to be a top-ten team in the NHL for the next decade.

In other notes from the TSN insiders, the Minnesota Wild, Florida Panthers, and Chicago Blackhawks are all interested in bolstering their forward cores before the trade deadline. Minnesota and Chicago are likely pretty happy with their rosters as they sit atop the Western Conference. While neither team will be looking at making a big splash, both would like to add a depth forward. Specifically, the Blackhawks would like a player with a low cap hit who could be acquired with just a draft pick. That’s not likely to be a high draft pick, however, as Blackhawks GM Stan Bowman wants to keep picks for the upcoming draft, which will be held in Chicago. The suddenly hot Panthers aren’t necessarily buyers, despite winning eight of their last 10 games. If they do make a move, LeBrun believe they would be interested in adding a top nine forward in a rental capacity.

Those three teams will likely have interest in Dallas Stars winger Patrick Eaves. With 21 goals in 59 games and a $1MM cap hit, Eaves is drawing plenty of interest from around the NHL. There are as many as 10-12 teams inquiring about the gritty winger according to Dreger.

[Related: PHR’s profile of Patrick Eaves]

Another forward likely on the move is Martin Hanzal; LeBrun reports that most of the teams inquiring about the 6’6 center are from the Western Conference, but Montreal is one of the most interested clubs. Despite missing nine games this season, Hanzal already has 15 goals, which is one off his career-high from 2010-11. The Coyotes would like to move Hanzal by the end of the weekend, according to LeBrun. Of course, that’s depending of the offers available to rookie GM John Chayka.

[Related: PHR’s profile of Martin Hanzal]

The Vancouver Canucks are among the growing group of sellers, but the player drawing the most interest from rival teams is not a rental. Jannik Hansen has one year left at $2.5MM and has lots of teams interested in acquiring him. However, the Canucks aren’t looking for a draft pick in return; GM Jim Benning is asking for a top prospect or young NHLer in return for the long-time Canuck. That’s a steep price for a middle-six player who’s never scored more than 39 points in a season.

GM Stan Bowman Doesn’t Anticipate Major Blackhawks Trade

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The Blackhawks are used to make deadline deals, but this year may be a bit different. Chicago GM Stan Bowman told TSN’s Pierre LeBrun that he isn’t anticipating any trades prior to the March 1st deadline.

Stan Bowman“No, I don’t think so,” Bowman said. “I’m not saying 100 per cent we’re not going to make a trade, but I’m not expecting to make a significant trade.”

As LeBrun points out, the Blackhawks do have a history of adding pieces for a run at the Cup. In 2015, the team added Antoine Vermette and Kimmo Timonen en route to a Stanley Cup championship, and they added Andrew Ladd, Tomas Fleischmann and Dale Weise prior to last year’s deadline.

However, a lack of action doesn’t mean the Blackhawks don’t view themselves as contenders. Bowman noted that the team only added center Michal Handzus prior to their 2013 Cup run, and we could see a similar approach this season. After all, Chicago is only five points behind first-place Minnesota in the Central division. Furthermore, the team’s cap situation makes it difficult to pull of a deal, and the front office isn’t inclined to give up any of their key players.

“There’s this myth that you have to make a big acquisition or else you’re not trying to win. I think that’s just a fallacy,” said Bowman. “If you don’t make one, it doesn’t mean you don’t want to win. It just means that it wasn’t the right situation for a variety of reasons.”

Of course, Bowman’s declaration doesn’t mean the front office will avoid all potential trades. LeBrun believes the team could still pursue some low-cost rentals, like Stars forward Patrick Eaves. Bowman confirmed this sentiment, noting that the team won’t shy away from any deals.

“Yeah, anything can happen,” Bowman said. “But we’ve had [internal] meetings and that’s not our focus at all as we get ready for the trade deadline.”

Expansion Draft Issues At The Trade Deadline: Forwards

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This trade season is one like never before. The addition of the Vegas Golden Knights in 2017-18 and the Expansion Draft that goes along with it add a whole other layer to trade-making this year. With each and every transaction, the expansion draft protection formula can change. Even in 2000, when the Minnesota Wild and Columbus Blue Jackets were welcomed into the league, the expansion rules were not a strict and general managers did not have to be as paranoid about their moves. This time around, everything is different. What does it all mean? For fans, there is a real possibility that this could be the quietest Trade Deadline in recent memory. Buyers interested in impending free agent rentals may not have to worry about the draft implications, but the sellers potentially taking back roster players with term certainly do. Trading is hard enough, especially in a season with very few teams significantly out of the playoff race, and expansion will only increase those barriers. Luckily, there are several teams that need to make moves prior to the deadline or they could risk being in very sticky situations when the Knights get ready to make their selections. With teams like the Minnesota Wild, Pittsburgh Penguins, Columbus Blue Jackets, and Anaheim Ducks, who have so much talented, veteran depth at multiple positions, there is really not much that they can do; they’re going to lose a good player. For others, a sensible contract extension can solve all of their problems. However, for these teams, making a trade before it’s too late may be exactly what they need. We’ve looked at the defense conundrums of the Calgary Flames, Carolina Hurricanes and the goaltending scenario of the Philadelphia Flyers, but there a quite a few more teams with problems up front that need solving:

Chicago Blackhawks

Luckily for the Blackhawks, it’s hard to remember a deadline where GM Stan Bowman didn’t add a veteran forward. This year they may really need one though, regardless of their Cup run condition, to protect young scorer Ryan Hartman. The 22-year-old winger has 13 goals and 10 assists in his first full season with Chicago, and if nothing changes it would likely be his last season in Chicago. In setting their protected list for the Expansion Draft, the Blackhawks must protect Patrick Kane, Jonathan Toews, Marian Hossa, and Artem Anisimov due to their no-movement clauses. They would, of course, have protected those four anyway, but other than that group, the team has only two other players that meet the draft criteria of having two unprotected forwards that have played in 40 games this season or 70 games over the past two seasons and have term remaining on their contract: Marcus Kruger and Hartman. Kruger is not a great loss, but retaining Hartman is a major priority as the deadline approaches. The ‘Hawks could simply re-sign 30-year-old Andrew Desjardins or 34-year-old Jordin Tootoo, who both hit the 40/70 benchmark, but are impending free agents. However, the pair have combined for one point in 63 man-games this season and may not strike Bowman as players worth keeping, since they are nearly guaranteed to not be selected by Vegas. Richard Panik and Dennis Rasmussen are both restricted free agents who would also qualify if given an extension, but the team might think twice about exposing either player when they don’t have to. If push comes to shove, Chicago would surely rather lose Rasmussen or have to re-sign Desjardins if it means that Hartman is safe, but acquiring an affordable, serviceable forward with years remaining on his contract prior to the deadline may be the easier move for Bowman and company.

Dallas Stars

Despite their performance this season, the Stars are very much built like a team trying to make one last run at a Stanley Cup. Only five players on Dallas and on the AHL’s Texas Stars have both two years of professional play under their belt and term remaining on those contracts. The rest of the team is composed of impending unrestricted free agents and the AHL squad is mostly restricted free agents.  Jamie Benn and Jason Spezza have no-movement clauses and are obviously safe, as is All-Star Tyler Seguin. However, without any further moves, Dallas would have to leave 25-year-old center Cody Eakin and team enforcer Antoine Roussel exposed in the draft. With the likes of Radek Faksa, Brett Ritchie and (probably) Valeri Nichushkin needing to be protected as well, the Star’s may have to leave one or the other on the table, but certainly not both. Roussel is having a career year, on pace to beat his career-high 29 points while also skating a career-best 15 minutes per game. Eakin, who missed time earlier this year and has been held to just six points in 33 games, is regardless coming off of three straight seasons of 35+ points and is just entering his prime. If they want to protect one or both, moves need to be made. Dallas is not short on extension options, with UFA’s Patrick Sharp, Patrick Eaves, Jiri Hudler, Lauri Korpikoski, Adam Cracknell and even the injured Ales Hemsky meeting the 40/70 criterion. However, if the Stars want to make up for their disappointing season, trading several of those players for picks and prospects at the deadline seems likely may eliminate some choices. In the process of moving out that trade capital, it may simply be easier for GM Jim Nill to add one or two qualifying forwards along the way.

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Deadline Primer: Chicago Blackhawks

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With the trade deadline now just weeks away, we’re going to start taking a closer look at each team.  Where do they stand, what do they need to do, and what assets do they have to fill those needs?

The most recent dynasty in the NHL is looking win its fourth Stanley Cup in eight seasons. The Chicago Blackhawks have a highly skilled and expensive core surrounded by young players, and will be looking for inexpensive additions for a playoff run. They won’t be able to take on any players with a significant salary unless an equal contract is headed the other way.

Record

32-17-5, 2nd in the Central Division

Deadline Status

Buyer

Deadline Cap Space

Current cap space: $1.123MM
Deadline cap space: $1.769MM
43/50 contracts, via CapFriendly

Draft Picks

2017: CHI 1st, CHI 2nd, CHI 3rd, CHI 4th, CHI 5th, STL 5th, CAR 5th, CHI 6th, NYI 6th, CHI 7th
2018: CHI 1st, CHI 3rd, CHI 4th, CHI 5th, CHI 6th, CHI 7th

Trade Chips

The Blackhawks have not made a first-round pick since 2014, having traded the previous two picks in deadline deals for Antoine Vermette and Andrew Ladd, so there isn’t an obvious top prospect outside the NHL that they could move. They did snag Alex DeBrincat in the second round last year, but he has 44 goals and 92 points in just 45 games. They won’t be likely to move him unless it’s for a cost-controlled young forward, but teams aren’t looking to move those types of players.

They do have 10 picks in the upcoming draft, but don’t expect them to move high picks for rentals. The 2017 NHL Draft will be held in Chicago, and GM Stan Bowman is on record as saying he’s “probably going to try to hang on to those [high] picks.”

Players To Watch

C Marcus Kruger, D Trevor Van Riemsdyk, C Mark McNeill, D Ville Pokka

Team Needs

1) Top Line Left Winger – Of all the players that the Blackhawks have been forced to move for salary cap concerns, trading Brandon Saad to Columbus in June 2015 has likely been the toughest loss. Saad was coming off a 52-point season playing on the top line with Jonathan Toews and Marian Hossa. Since then, Chicago has relied on the line of Patrick Kane, Artemi Panarin, and Artem Anisimov to run the offence. Toews is still an elite center in the NHL, but needs a younger offensive player to play alongside him. Bowman has been unable to find a replacement for Saad, and if he’s able to find someone to play alongside Toews then the Blackhawks would immediately become a favourite. Unfortunately, the team’s cap situation means this sort of acquisition is unlikely unless a significant salary is heading the other way. As an interim measure, players like Thomas Vanek or former Blackhawk Patrick Sharp could be decent acquisitions.

2) Bottom-Six Help — The Blackhawks bottom-six was absolutely dominant in their recent Cup victories, with players like Bryan Bickell, Dave Bolland, Michael Frolik, Ladd, Andrew Shaw, Sharp, Teuvo Teravainen, and Vermette all making big contributions to the championships. While Marcus Kruger and Andrew Desjardins are reliable options, the Blackhawks have mostly rookies in the bottom-half of their roster. Chicago Sun-Times writer Mark Lazerus writes that the improving the Blackhawks bottom-six could be the key to another deep playoff run; those deep Cup-winning rosters were much deeper than the 2011, 2012, 2014, and 2016 editions. Last year’s acquisition, Dale Weise, did not work out as the Blackhawks lost in round one to the Blues. Players like Radim Vrbata or Patrick Eaves could be solid targets to add bottom-six scoring and veteran presence.

Trade Candidates: Teddy Purcell

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When Teddy Purcell was putting up 51 points in Tampa Bay in 2010-11 and leading the team with 17 points in 18 playoff games, many though that the Lightning had found a hidden gem. When he backed it up with 65 points in 2011-12 and then scored at the same pace in the lockout-shortened 2012-13 campaign, they believed he was a star-in-the-making. The past three years, Purcell has put up back-to-back-to-back solid seasons despite moving from Tampa to the Edmonton Oilers to the Florida Panthers. Yet, in 2016-17 Purcell has played in just 12 NHL games with the Los Angeles Kings. Something doesn’t add up, and both Purcell and the Kings would like to end their disastrous partnership as soon as possible.

Contract

Purcell was smart to quickly accept the Kings’ one-year, $1.6MM deal on July 1st of last year, as many similar players waited and became victims of a stagnant market, waiting until much later in the summer to sign even cheaper deals. However, the hit proved to be too much for the rest of the league, as Purcell cleared waivers in December. At the deadline, Purcell will be an impending free agent rental with an accumulated cap hit of under $200K.

2016-17

After signing Purcell, who they had originally signed out of the University of Maine back in 2007, to a reasonable deal to add some depth to their forward corps, L.A. quickly fell out of love with their free agent acquisition. The 31-year-old right winger had just two assists through 12 games and had been outplayed by tryout signee Devin Setoguchi and depth players like Trevor Lewis and Nic Dowd. He had dropped down to a spot on the third line, but even there the Kings had options they preferred more. The L.A. homecoming ended as quickly as it had started, as Purcell was placed on waivers in early December, and with many teams across the league tight against the salary cap ceiling, the former 41-assist play-maker extraordinaire cleared and was sent to the AHL. Yet, after the same amount of time with the Ontario Reign as he had played with the Kings, Reign coach Mike Stothers came out and said that Purcell was simply “too good for this league.” At the time,  Purcell had 14 points in his first 12 games. As of now, he has maintained a point-per-game pace with 22 in 22 and has boosted the Reign to the top of the Pacific Division. Still a valuable NHL asset, Purcell does not belong in the AHL and should be back in the big leagues by the end of the season.

Season Stats

12 NHL games: 0 goals, 2 assists, 2 points, even, 10 shots, 12:54 ATOI.

22 AHL games: 7 goals, 15 assists, 22 points, +6, 50 shots, 19:38 ATOI.

Potential Suitors

Purcell is attractive to two types of teams as the Trade Deadline creeps closer: those who are only fringe playoff teams and those who are contenders, but just need depth and not a high-end contributor. Purcell is affordable and very low-risk/high-reward. The last thing the Kings would want is to send Purcell down to the AHL all year only to trade him to a Pacific rival and have it come back to bite them, so a divisional move seems unlikely. However, several other teams could be in the mix.

The Boston Bruins are not in any position to go wasting assets on big playoff rentals this season, as they currently are fighting just to qualify. The team has been playing better of late though, partly due to finally finding some good balance in their forward lines. One hole that remains is the need for an offensive weapon on the third line to help out Ryan Spooner and Matt Beleskey. While the team (second in shots per game, 23rd in goals per game) could use a finisher more than a passer like Purcell, the cost of a Thomas Vanek or Radim Vrbata may be too high. Purcell could help the team out and at a cheap price. The Bruins have enough cap space to add he and a more goal-prone player if they so choose. Count the New York Islanders as another team who could use Purcell to balance out their forward lines. The team has just recently slipped into the playoff conversation, but could definitely use some depth, particularly on the right side where Ryan Strome presents the only righty option in the top-nine. The Toronto Maple Leafs are another teams that could have interest in Purcell. Many have opined that the Leafs should not sell off any young assets this year, but trading for Purcell to help out would likely cost very little and would add a veteran presence, playoff experience, and a great play-maker for their young scorers.

The other team to (always) look out for is the Chicago Blackhawks. As they do seemingly ever year, the GM Stan Bowman and the ’Hawks bring in some washed-up veteran or young no-name who then performs exceedingly well with the likes of Patrick Kane and Jonathan Toews. Purcell fits the bill as a player who has always performed his best when surrounded by great talent. Chicago has little cap room and is running out of trade chips, which makes the affordable Purcell a great fit. It also helps that they have struck deals with the King for two years in a row, swapping Michael Latta and Cameron Schilling last month and Rob Scuderi and Christian Ehrhoff around this time last year. If the Blackhawks land Purcell and he is a point-per-game player down the stretch or in the playoffs, would anyone really be surprised?

Likelihood Of A Trade

The Los Angeles Kings still stand a good chance of making the playoffs this year, but if they had any interest in bringing Purcell back up to help them get there, they would have done so already. The only good that Purcell can do for them now is in a trade return. Similarly, Purcell will go just about anywhere to get back into an NHL game and show what he can do before he hits the free agent market again this summer. With both sides in agreement that Purcell should be moved, the only other factor is the market.

If there are teams who still believe that Purcell can play at a high level, and his career numbers up until his limited showing in L.A. this year do little to dissuade that notion, then there is a very high likelihood that he will be moved. The Kings cannot possibly ask for much, having already placed him on waivers this season, nor would anyone be willing to pay much for a guy who hasn’t skated in an NHL game since early December. However, Purcell is hardly even an asset to L.A. as an impending free agent who is playing for their farm team, and it seems likely that they will take whatever they can get for him.

On the other hand, if teams are disillusioned by Purcell’s slow start this season and inability to earn a call-up to the Kings all season long, a market may never form for his services. That is the only way that Purcell doesn’t get traded by March 1st.

Snapshots: Hanzal, Olympics, Blackhawks, Cullen

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As many as 12 teams are interested in acquiring Coyotes center Martin Hanzal, ESPN’s Craig Custance reports (Insider required).  Among those teams are Minnesota and San Jose, who Custance argues should be aggressive on the trade market over the next month given how wide open the Western Conference appears to be right now.

Hanzal’s situation has been well documented.  He’s a pending unrestricted free agent with a cap hit of just $3.1MM, making him an affordable option for most teams.  At 6’6, he can match up physically with any center in the league and he’s one of the better players league-wide at the faceoff dot, winning over 55% of his draws.

Accordingly, the asking price for him is quite high despite having a down year offensively with just 19 points (10-9-19) in 41 games.  GM John Chayka continues to seek a first round pick plus a quality prospect, a price that teams have deemed to be too steep so far.

Other notes from around the hockey world:

  • The NHL and NHLPA will be meeting with representatives from the IOC and the IIHF regarding potential participation in the 2018 Winter Olympics tomorrow, Sportsnet’s John Shannon notes (Twitter link). Commissioner Gary Bettman has been adamant that the position of the majority of the owners do not want to stop the season next year to go to South Korea but no final decision has been made.  IIHF President Rene Fasel has secured the funding to cover the travel costs and insurance for the participating players if they do go after the IOC decided it would no longer pay those costs.
  • Although the Blackhawks have been active on the trade market leading up to the deadline in past seasons, GM Stan Bowman told CSN Chicago’s Tracey Myers that he doesn’t expect to make a deal this year. He noted that he’s quite happy with the progression of several young players and is hoping they’ll continue to improve down the stretch.  It’s worth noting that Chicago is hosting the 2017 NHL Entry Draft and they would like to hold onto as many picks as possible and currently are projected to have just under $1.8MM in cap space at the deadline, per CapFriendly which will limit who they’re able to go after.
  • Penguins center Matt Cullen is expected to get the first chance to fill in for the injured Conor Sheary on Sidney Crosby’s left wing, notes Dave Molinari of the Pittsburgh Post-Gazette. Head coach Mike Sullivan suggests that Cullen’s defensive ability will be able to ease some of the responsibility off of Crosby.  With 17 points in 43 games as predominantly a bottom six forward, Cullen should be able to pick up some of the offensive void left by Sheary (who has 35 points in 42 games) as well.

Trade Candidates: Thomas Vanek

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With the trade deadline quickly approaching, we will be profiling several players in the weeks ahead that are likely to be dealt by March 1st.

The Detroit Red Wings are staring at the possibility of trading assets away instead of buying them up. After decades of acquiring top end talent, the Red Wings are now considering their options once the trade deadline hits. Will they deal talent away for prospects and picks? Or will they hold onto everyone, trying for a 26th consecutive playoff appearance? One player who could yield quite the return is Thomas Vanek.

Contract

One year, $2.6MM – Will be a UFA in July

2016-17

After a disappointing tenure in Minnesota, Vanek was cut loose via a buyout. The Red Wings signed him to a one-year deal worth $2.6MM, hoping that Vanek would show flashes of the player who had a nose for the net. So far, the gamble paid off. Vanek has been Detroit’s best forward all season, and has been one of the best scoring threats for the team–especially one struggling mightily on the power play. The Red Wings are reportedly on the fence about what to do–re-sign Vanek or trade him while his stock is high. Vanek is currently out, though he’s day-to-day with a lower body injury.

Season Stats

36 games: 12 goals, 19 assists, 31 points. 51.1 CF%, +6, 14:54 ATOI.

Potential Suitors

The Red Wings’ decision making won’t be cemented until they reach their bye-week, which is only a week before the actual deadline. Vanek comes at a great price, instead of having a bloated contract, an issue with many players on the Detroit roster. What Vanek could garner from another team depends on where he goes and how the market reacts with other players.

Chicago, who kicked the tires on Gustav Nyquist and Tomas Tatar, would seem to be the best landing place for Vanek. Though Chicago is steadfast in holding onto its’ first round pick due to hosting the draft, there are a number of prospects in the system that could help Detroit, especially defensively. They could also offer future first round picks–along with prospects–to give them a solid scoring punch at left wing. Though the Hawks are always in a tight spot with the cap, Stan Bowman is not one to shy away for a chance at the Cup.

The Ottawa Senators are also an option as they’re searching for scoring. Currently sitting second in the Atlantic, the Sens could use another player with a scoring touch to add scoring depth in the conference that many believe will win a Cup again. The Sens might be willing to give up a first round pick for a scorer, as reported by TSN’s Frank Seravalli.

Likelihood Of A Trade

Again, everything depends on where the Wings sit in the standings. Ken Holland is notorious for “liking his team” or stating that players returning from injury are like adding at the trade deadline. Holland will push for the playoffs as long as the team plays its way to a spot, but with just a 13% chance of making the playoffs, Vanek may find himself in another jersey when the calendar turns to March.

Photo courtesy of USA Today Sports Images.

Chicago’s Pending Cap Crunch

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There is one offseason event that quickly becoming an annual rite of passage, the Chicago Blackhawks and their efforts to stay under the salary cap.  For the last few offseasons, Chicago has been forced to trade several quality players in order to keep the core of their Stanley Cup contending (or winning, depending on the year) team together.

Some recent cap casualties include forwards Michael Frolik and Dave Bolland (2013), defenseman Nick Leddy (2014), wingers Patrick Sharp, Brandon Saad, and Kris Versteeg (2015), and, most recently, winger Teuvo Teravainen being included as a sweetener to get rid of winger Bryan Bickell’s contract this past summer while Andrew Shaw was dealt to Montreal.

"DecWe’re still in December but it’s safe to say that GM Stan Bowman will be doing the ‘cap dance’ again this offseason if not sooner.

The re-signing of left winger Artemi Panarin to a two year, $12MM contract will allow the Blackhawks to keep one of the top scorers in the league in the fold but in doing so, have increased their payroll commitments for next season to quite a high amount with still a lot of roster spots to be filled.  Here’s a look at their committed contracts for next year, according to CapFriendly:

Forwards (9):
Patrick Kane – $10.5MM
Jonathan Toews – $10.5MM
Artemi Panarin – $6MM
Marian Hossa – $5.275MM
Artem Anisimov – $4.55MM
Marcus Kruger: $3.083MM
Tyler Motte: $925K
Ryan Hartman: $863K
Vinnie Hinostroza: $718K

Defensemen (5):
Brent Seabrook – $6.875MM
Duncan Keith – $5.54MM
Niklas Hjalmarsson – $4.1MM
Gustav Forsling – $873K
Trevor van Riemsdyk – $825K

Goaltenders (1):
Corey Crawford – $6MM

Combined, they have over $66MM committed for only 15 players.  That amount also doesn’t include what could a considerably high bonus overage (over $3MM if Panarin joins Brian Campbell in hitting his bonuses while other rookies could hit some as well).  Add to that the fact that the minimum salary is jumping up by $75K to $650K next year and it’s clear that Bowman has some work to do.

Many are speculating that Kruger is a near-lock to be moved at some point, either via trade or the expansion draft in June.  His contract isn’t particularly onerous given what he brings to the table but considering Chicago has been cutting out the mid-tier players to keep their pricey ones, he’s the first logical domino to fall.

If the salary cap doesn’t increase much from the current $73MM as is expected to be the case, moving out his salary may not be enough though which would make it much more likely that Bowman would have to tinker with his core.  There are plenty of opinions on who would be the best fit to go in that situation but none of them are particularly ideal.

There’s no immediate rush for this to be dealt with as Chicago has until the start of next season to be in cap compliance, giving them more than nine months to work with.  But it will undoubtedly be in the back of Bowman’s mind as he starts to map out his plan for next year as well as the remainder of this season as the conference-leading Blackhawks look to make another long playoff push.

Photo courtesy of USA Today Sports Images.

Blackhawks Officially Announce Panarin Extension

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The Chicago Blackhawks officially confirmed left winger Artemi Panarin’s two-year extension on Thursday morning.

While the club did not reveal any of the financial details regarding the new contract, we reported on Wednesday that several hockey insiders, including Bob McKenzie, Elliotte Friedman, and Scott Powers, have all pegged the value at $6MM per season with a little more than half coming in the form of signing bonuses.

The 25-year-old Panarin is in his second season with the Blackhawks after playing the previous seven seasons in the KHL. He scored 77 points in 80 games as a rookie playing alongside Patrick Kane and Artem Anisimov, winning the Calder Trophy. Panarin and Kane showed especially strong chemistry, as Kane hit a career-high 110 points last season.

Panarin is the Blackhawks leading scorer so far this season, with 37 points in 37 games. That’s good for fifth in the NHL, behind only Connor McDavid, Sidney Crosby, Evgeni Malkin, and Vladimir Tarasenko.

Panarin is the final season of his two-year entry-level contract, which carries a cap hit of just $925K.  Unfortunately for the Blackhawks, he has over $2.5MM of potential bonuses. He’s currently on pace to max out those bonuses for the second straight year. That represented a major part of Chicago’s cap overage of more than $3MM this season. Panarin is one of six players on the Blackhawks who have performance bonuses in their contract, adding up to a possible total of over $4.4MM which could be added to their cap. They currently have just over $427K in cap space.

With Panarin’s extension signed, GM Stan Bowman will once again have to get creative this summer to keep the band together in Chicago.

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