Avalanche Sign Logan O’Connor To Six-Year Extension
The Colorado Avalanche have gotten to work early on one of their key secondary scorers by announcing a six-year contract extension for forward Logan O’Connor. O’Connor was set to become an unrestricted free agent next summer with his three-year, $3.15MM contract expiring. TSN’s Pierre LeBrun reports O’Connor will earn $2.5MM each year of the deal.
Although he was raised in Calgary after his father, Myles O’Connor, retired from professional hockey in 1998, O’Connor has spent much of his adult life in Denver, CO. He spent three years just south of Ball Arena at the University of Denver from 2015-18 collecting 16 goals and 43 points in 108 games while helping his team to a National Championship in 2017. He signed a two-year entry-level contract with the Avalanche after his junior season in 2018 and made his NHL debut with the club the following season.
O’Connor performed admirably in his first two years with the AHL’s Colorado Eagles but struggled to find his footing in the NHL. He registered only two goals in 21 games in his first two years with Colorado before injuries limited him to only three goals and five points in 22 games during the 2020-21 regular season.
He finally came into his current role during the 2021-22 NHL season scoring eight goals and 24 points in 81 games while averaging just under 14 minutes of ice time per game. He became a physical player and an effective penalty killer becoming an all-out annoying presence for the opposition. He helped the Avalanche to their first Stanley Cup championship since 2001 that spring scoring one goal in game three of Colorado’s semi-final matchup against the St. Louis Blues while registering three more assists throughout the postseason.
O’Connor played similarly for the Avalanche the following season scoring nine goals and 26 points in 82 contests but failed to register any points in Colorado’s seven-game loss to the Seattle Kraken in the opening round of the 2023 Stanley Cup playoffs. 
The 2023-24 season was a breakout season for O’Connor before a hip injury ended his year early. He scored 13 goals and 25 points in 57 games including three goals on the penalty kill which was good for a share of fifth amongst the NHL by season’s end. His shooting percentage more than doubled to 15.3% and Colorado’s third line was noticeably weaker after O’Connor went down with injury.
O’Connor is once again expected to be a major bottom-six piece for the Avalanche as they look to regain their footing in a tough Western Conference. The team hasn’t advanced beyond Round Two of the playoffs since winning the Stanley Cup in 2022 largely because of their lack of depth. His $2.5MM salary should be more than digestible for a cash-strapped team such as the Avalanche as they hope O’Connor will be a focal point of their third line for years to come.
Meghan Angley of Guerilla Sports shared a quote from Avalanche general manager Chris MacFarland surmising O’Connor’s importance to the team by saying, “He is a relentless worker and competitor who brings energy and grit to the lineup every night. His speed and skating ability makes him a dangerous two-way player and he is one of our top penalty killers. Logan is also a great teammate and takes pride in being a part of the Denver community“.
Photos courtesy of USA Today Sports images.
Artturi Lehkonen Could Start Opening Night
- Following reports that Colorado Avalanche forward Artturi Lehkonen would not be present for the team’s preseason or training camp, Corey Masisak of The Denver Post reports a return may not be far off. Masisak shares that Lehkonen could be a participant in the team’s opening night game on October 9th if he’s medically cleared for contact from his shoulder injury. Lehkonen and the Avalanche will certainly be looking for a cleaner bill of health from the Finnish winger as Lehkonen looks to expand upon last season in which he scored 16 goals and 34 points in only 45 contests.
[SOURCE LINK]
Training Camp Cuts: 9/21/24
While training camps have just gotten underway, some teams are already starting to pare down their rosters. We’ll keep track of today’s cuts here.
Colorado Avalanche (per team announcement)
F Max Curran (to WHL Tri-City)
D Garrett Pyke (released from PTO to AHL Colorado)
F Neil Shea (released from PTO to AHL Colorado)
F Briley Wood (released from PTO to AHL Colorado)
Pittsburgh Penguins (per team announcement)
D Caeden Carlisle (released from ATO, to OHL Soo)
F Justin Cloutier (released from ATO to OHL Soo)
F Cooper Foster (to OHL Ottawa)
D Donovan McCoy (released from ATO, to OHL Sudbury)
D Emil Pieniniemi (to OHL Kingston)
G Charlie Schenkel (released from ATO, to OHL Soo)
Toronto Maple Leafs (per team announcement)
F Marshall Finnie (released from ATO, to WHL Edmonton)
F Miroslav Holinka (to WHL Edmonton)
D Nathan Mayes (to WHL Spokane)
F Sam McCue (to OHL Owen Sound)
F Maxim Muranov (released from ATO, to WHL Calgary)
This post will be updated if/when other cuts are announced.
Avalanche Notes: Rantanen, Landeskog, Lehkonen, Annunen
When asked about a potential contract extension, star Colorado Avalanche winger Mikko Rantanen has shared that he plans to stay in Denver for the foreseeable future and that the business side of things will sort itself out, per Aarif Deen of Mile High Sports.
Rantanen is coming off yet another career year, posting 42 goals and 104 points – just one point shy of the career high he sent last season, though he played in two fewer games this year. He’s emerged as the clear 1B to Nathan MacKinnon‘s 1A – giving Colorado one of the most formidable top lines in the league. Rantanen has climbed to 617 points in 570 career games – with 301 of those points coming in the last three seasons alone. He seems focused on repeating the dominant scoring this season, confident that a new deal with Avalanche will come to fruition when necessary.
Other notes out of the Mile High City:
- Head coach Jared Bednar spoke with the media ahead of Colorado’s start to training camp and among the updates, shared that there’s no news on team captain Gabriel Landeskog per Deen. Bednar mentioned that Landeskog has made big strides but that the situation remains up in the air. He hasn’t played since June of 2022, supporting Colorado’s run to the 2022 Stanley Cup after a trio of injury-shortened seasons. He’s an incredibly effective scorer when he plays, scoring 30 goals and 59 points in 51 games in his most recent season. That’s the production that fans have come to expect from their captain, leading Landeskog to 571 points across 738 career games. There’s hope that he can return to the top flight soon, though it seems he’ll need to overcome more hurdles before he’s back in the NHL.
- Winger Artturi Lehkonen isn’t expected to attend training camp as he continues recovering from a shoulder injury that required surgery in May, shares Meghan Angley of The DNVR.com. Lehkonen only appeared in 45 games last season, but still managed an admirable 16 goals and 34 points. He’s flashed strong scoring over the last three seasons, totaling 123 points in 183 games split between Montreal and Colorado. He’ll sit out of the team’s training camp, hoping to return to a solid lineup role once he’s healthy.
- Bednar also shared high remarks for top goalie prospect Justus Annunen, sharing that he could eat into starter Alexandar Georgiev‘s workload, shares Angley. Georgiev has played in 125 games over the last two seasons, recording a modest 78 wins and .908 save percentage. Annunen split time between the NHL and AHL last season, posting an impressive .928 save percentage in the outings. He emerged as a top-end AHL starter in 2022-23, with 22 wins and a .916 save percentage in 41 appearances. It’s not clear how the Avalanche will platoon their netminders this year, but Annunen’s recent success could be too much for Colorado to ignore.
Evening Notes: O’Connor, Schaefer, Stamkos
Evan Rawal of Colorado Hockey Now is reporting that Colorado Avalanche forward Logan O’Connor will be ready for training camp this Thursday. The 28-year-old has been skating regularly for about a month and has ramped up his preparations in the last few weeks. O’Connor had season-ending hip surgery and missed the playoffs last season after setting a career-high in goals with 13 of them in 57 games.
The Missouri City, Texas native continued to be one of the fastest wingers in the NHL last year and put up strong penalty-kill numbers while finding chemistry with linemates Ross Colton and Miles Wood. Despite his strong results last season, O’Connor is likely due for some regression as he shot over 15% last year which was an increase of almost seven percent from his previous season.
In other evening notes:
- Corey Pronman of The Athletic reports that 2025 NHL Draft prospect Matthew Schaefer has contracted mono and will miss some time to start the season. Schaefer was taken first overall in the 2023 OHL draft and spent last season with the Erie Otters where he posted three goals and 14 assists in 56 games. The 17-year-old is projected to be the first defenseman taken in next year’s draft and will likely be taken in the top 10. Schaefer’s offensive numbers didn’t jump off the page in his rookie OHL season, however, he only turned 17 earlier this month and will see increased minutes and responsibility this season, when he returns to health.
- Nashville Predators coach Andrew Brunette is most excited to see Steven Stamkos’ leadership at work when the veteran begins his first training camp with his new team (as per Alex Daugherty of The Tennessean). Stamkos joined Nashville via free agency and brings a large skillset to the team, but it is his reputation and leadership that has Brunette excited. Brunette told reporters that he will have Stamkos play with a pile of players early on to see how things go and to try and find the right mix. However, it wouldn’t be surprising to see him paired up with youngsters Thomas Novak or Luke Evangelista, given that Brunette sees leadership as Stamkos’s biggest asset.
Avalanche, Canadiens, Flyers, Hurricanes Had Interest In Yaroslav Askarov
The Avalanche, Canadiens, Flyers, and Hurricanes were the main contenders in trade talks with the Predators for top goaltending prospect Yaroslav Askarov before he was dealt to the Sharks, TSN’s Pierre LeBrun writes for The Athletic.
Sources didn’t divulge details about those teams’ losing offers for the netminder, LeBrun said, but he did mention the Predators are high on Golden Knights 2023 first-rounder David Edstrom, who San Jose picked up in last season’s Tomáš Hertl blockbuster. That was likely the primary factor that led Nashville general manager Barry Trotz to pick the Sharks’ offer over the four others, all of which presumably included a first-round pick to have any degree of seriousness in discussions.
“I think we did a fair deal with San Jose,” Trotz told LeBrun. “In negotiating with [Sharks GM Mike Grier], it was always, ‘Let’s do a good hockey trade.’ You get the best prospect, you’re going to win the trade most times, but I’m really happy to get David Edstrom because we want to continue to add to our center ice. Our scouts really liked him. He was something we really liked at the draft. And getting the pick (Vegas’ 2025 first-round pick), it gives us a lot [of] draft capital now with three first-round picks next year.”
The full trade came across the wire on Aug. 23, just four days after Kevin Weekes of ESPN reported Askarov had submitted a formal trade request. San Jose also acquired forward prospect Nolan Burke and the Avalanche’s 2025 third-round pick, while the Preds also picked up goalie prospect Magnus Chrona in the swap.
But Nashville managed to keep the request under wraps before it leaked to the rest of the hockey world, per LeBrun. Askarov and his agent, Gold Star Hockey’s Dan Milstein, told Trotz in a Zoom meeting on Aug. 2 that he wouldn’t report to training camp if he weren’t moved.
For the four runner-up clubs, it’s easy to see why they had interest. They each have quality goaltending prospects/youngsters in their own right, whether it be Justus Annunen in Colorado, Jacob Fowler in Montreal, Carson Bjarnason in Philadelphia, or Pyotr Kochetkov in Carolina. But aside from the latter, none of them profile as the potential true gamebreaker San Jose now has in Askarov.
The Avs didn’t have their 2025 first-rounder available after trading it to the Flyers for Sean Walker at this year’s deadline, making it hard for them to construct a competitive offer. The Flyers had plenty of first-rounders available – three of them – but they don’t have a low ‘A’-tier prospect in their pool that they would have been willing to part with, like Edstrom. The Canes also had draft capital but were likely wary of moving on from their more polished prospects, many of whom they expect will make an NHL impact this season after losing a lot of names to free agency. The Habs have plenty of picks and prospects still stockpiled, but how many were they willing to make available without fully turning the corner in their rebuild?
West Notes: Lehkonen, Fowler, Nurse
Whether Avalanche winger Artturi Lehkonen will be in the opening night lineup remains to be seen, reports John Matisz of The Score.
After a comment earlier in the week from Nathan MacKinnon suggesting Lehkonen wouldn’t be “starting the season” in the Avs’ lineup flew under the radar, Matisz reached out to the team for confirmation, receiving a response that there’s still no firm timeline for his return. During exit meetings in May, Avalanche general manager Chris MacFarland said that Lehkonen needed offseason shoulder surgery but that his absence wasn’t expected to stretch into the regular season.
That assumption was challenged by head coach Jared Bednar last month, who confirmed Lehkonen wouldn’t be ready to start camp and cast doubt about whether he’d be cleared for Colorado’s season opener.
The 29-year-old Finn has broken out as a bonafide top-six winger in Denver since being acquired from the Canadiens near the 2022 trade deadline. Injuries have limited him since his arrival, though – especially last season. A neck injury kept him to 45 appearances on the year, but he still managed to pot 16 goals and 18 assists for 34 points while averaging over 18 minutes per night.
There’s more from the Western Conference:
- Ducks defenseman Cam Fowler acknowledges most of what Sportsnet’s Elliotte Friedman said was true when he reported last week that both parties were looking to find him a new home on the trade market. “I understand that I’m on the second half of my career and these guys are just getting going,” the veteran blue liner told Eric Stephens of The Athletic, referencing Anaheim’s rebuild. “Those are the people that are going to push this team to where they want to be.” Stephens listed the Red Wings, Maple Leafs, Jets, and Stars as some speculative trade destinations.
- The injury putting Oilers defenseman Darnell Nurse‘s availability for the beginning of training camp in jeopardy was sustained in the Stanley Cup Final, Jim Matheson of the Edmonton Journal reports. The lingering effects are directly related to the hit he took in Game 2 from Panthers forward Evan Rodrigues. The blue liner sat out much of the rest of the game after taking the hit in the first period but didn’t miss any action in Games 3 through 7.
Avalanche Sign Pierre-Édouard Bellemare To PTO
3:51 PM: The Avalanche have confirmed the professional tryout agreement with Bellemare per a team announcement.
10:21 AM: The Avalanche and center Pierre-Édouard Bellemare are in agreement on a professional tryout, per Elliotte Friedman of Sportsnet. The French veteran will try to land a guaranteed deal during training camp for his second stint in Colorado.
Bellemare told French media last month that he intended to continue his NHL career this season and was training with Skellefteå AIK of the Swedish Hockey League while waiting for an offer to come to fruition. The 39-year-old has served as a capable bottom-six defensive pivot in the NHL for a decade but is coming off a difficult 2023-24 season that saw him fall out of an everyday role.
A UFA last summer after two seasons in Tampa Bay, Bellemare signed a league minimum one-way pact with the Kraken roughly a week into free agency. But a leg injury cost him over a month and a half from late December to mid-February.
Even when healthy, he was a healthy scratch for over a quarter of the season and only got into 40 games on the year. His offense was roughly in line with his limited career averages, posting four goals and seven points, but he averaged a career-low 9:50 of ice time per game.
He won 53.5% of his draws, though, and did have a positive possession impact in his limited role with a 54.9 CF% and 57.4 xGF% while having 60.3% of his even-strength zone starts come in the defensive end.
Bellemare’s defensive impact is more cerebral than physical, especially in recent seasons – he had only 20 hits and 22 blocks for Seattle last year, both career-lows. But he has been extremely solid in the faceoff dot after a rough few years in that regard to begin his NHL career with the Flyers. Even though he’ll be 40 by season’s end, he’s still a perfectly capable fourth-line center, even if his limited offense means he may not be an 82-game option in an increasingly scoring-oriented league.
The Avs will hope he can prove that in camp. They’re familiar with his game – he scored 18 goals, 15 assists and 33 points with a +8 rating in 122 games there across the 2019-20 and 2020-21 seasons while averaging 12:31 per contest.
If his PTO turns into a contract, he’d be competing for a fourth-line center role in Colorado that’s up for grabs. Chris Wagner is currently projected to fill the role after getting limited reps near the end of last season, playing double-digit games in an NHL campaign for the first time since 2020-21. 22-year-old Jean-Luc Foudy could also make an outside run for the role after playing 13 games for the Avs over the last two seasons, and there could be some other roster shuffling if 2023 first-round pick Calum Ritchie lands a spot on the opening night roster.
But Bellemare has far more experience in that role than any of them, with exactly 700 NHL games under his belt. Even if he ends up splitting time in the role with Foudy, Wagner, or others, he projects as a well-rounded upgrade in limited usage.
Evening Notes: Rantanen, Binnington, Sundqvist
Evan Rawal of Colorado Hockey Now writes about the impact that Leon Draisaitl’s new contract will have on Colorado Avalanche forward Mikko Rantanen’s next deal. The 27-year-old Rantanen shares an agent with Draisaitl but appears unlikely to match the $14MM AAV that Draisaitl recently agreed to. David Pastrnak’s contract is probably a good comparable for Rantanen, but as Rawal points out, that deal was signed a year and a half ago and the cap has gone up since then and will likely go up again next season.
Rantanen is coming off back-to-back 100+ point seasons and has scored 97 goals in the past two seasons. Given that he plays in Colorado, the Avalanche will likely want to keep his AAV under the $12.6MM that Nathan MacKinnon signed for in September 2022.
In other evening notes:
- Jeremy Rutherford of The Athletic writes about St. Louis Blues goaltender Jordan Binnington and whether he will play out the final three years of his contract in St. Louis. Rutherford believes that if Binnington plays well for the next couple of seasons and keeps the team in the playoff hunt then the team will likely keep him through the end of his deal (or close to the end of it). However, if Binnington’s play drops off, or if backup Joel Hofer is ready to play, Rutherford could foresee St. Louis turning to their young backup to anoint him the team’s starter, regardless of whether they keep or trade Binnington.
- Jeremy Rutherford of The Athletic writes that Blues forward Oskar Sundqvist began skating again after undergoing surgery to repair a torn ACL on March 25th. Sundqvist was supposed to be evaluated at the end of September and it is encouraging to see him skating this early. St. Louis is expected to have several young forward prospects challenge for roles this fall at training camp but given that Sundqvist was just re-signed to a two-year deal, it’s likely he will start the season in the NHL if he is healthy enough to do so. The 30-year-old signed a two-year, $3MM deal in March and posted six goals and 15 assists in 71 games before the injury.
Salary Cap Deep Dive: Colorado Avalanche
Navigating the salary cap is one of the most important tasks for a front office. Teams that can avoid total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t often see struggles and front office changes.
PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2024-25 season. This will focus more on players who are regulars on the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of PuckPedia. We begin with a look at the Central Division; next up is Colorado.
Colorado Avalanche
Current Cap Hit: $85,993,750 (under the $88MM Upper Limit)
Entry-Level Contracts
F Nikolai Kovalenko (one year, $896K)
Potential Bonuses
Kovalenko: $57.5K
Kovalenko spent most of the first season of his contract in Russia before coming to North America for a brief stint in the minors plus a couple of playoff appearances with the Avs. Projected as a middle-six winger, his waiver exemption could work against him if Colorado is looking to bank early-season space but he should still be able to hit a good chunk of his games-played bonus. Between that and his limited experience thus far, he’s a safe bet for a short-term second contract. If he produces to expectations, that deal could approach the $2MM mark.
Signed Through 2024-25, Non-Entry-Level
D Erik Brannstrom ($900K, RFA)
D Calvin de Haan ($800K, UFA)
F Jonathan Drouin ($2.5MM, UFA)
G Alexandar Georgiev ($3.4MM, UFA)
F Logan O’Connor ($1.05MM, UFA)
F Joel Kiviranta ($775K, UFA)
D Oliver Kylington ($1.05MM, UFA)
D Sam Malinski ($850K, RFA)
F Mikko Rantanen ($9.25MM, UFA)
F Chris Wagner ($775K, UFA)
Rantanen is clearly the headliner on this list. The 27-year-old has become one of the top wingers in the NHL and is coming off his second straight season of more than 100 points. League-wide, only five players have more points than him over the last three seasons; three of those are making at least $2MM more than he is. New York’s Artemi Panarin is currently the winger with the highest AAV in NHL history; it stands to reason that Rantanen will be looking to at least pass that on his next agreement. His linemate (we’ll get to him shortly) probably sits as the benchmark that Colorado won’t want to clear but a max-term agreement around the $12MM mark per season is a definite possibility.
The decision for Drouin to take a cheap one-year deal with the Avs last summer to help rebuild some value worked as he had a career-best 56 points. However, his market was still fairly limited, which resulted in another one-year deal on the opening day of free agency. Perhaps a second strong year will bolster his market next time out. O’Connor was in the middle of a breakout performance last season and had a shot at 40 points. If he produces at a similar rate this season, he could triple his current AAV. Wagner and Kiviranta will battle for spots at the end of the roster and will get them or be beaten out by others at that price point. At this point in their careers, both players will be going year-to-year, likely on two-way deals like they have now.
Kylington didn’t appear to have a strong market in free agency, resulting in a pay cut as he’ll look to do like Drouin and rebuild some value. If he can establish himself as a full-timer after missing as much time as he has, he could at least double this next time out. Brannstrom was non-tendered by Ottawa and had to settle for a low-cost deal as well. He’ll be looking to do like Kylington but Colorado will have the ability to control him for another year, albeit with arbitration rights which could scare the Avs off from a qualifying offer. Malinski has primarily played in the minors but did well in limited action last season and is now waiver-eligible which could help keep him on the NHL roster. As for de Haan, he had a limited role with Tampa Bay last season and is likely going to remain close to the minimum salary moving forward.
Georgiev is one of the more intriguing pending UFA netminders. He has led the league in wins the last two seasons and led the NHL in minutes played in 2023-24. For someone making high-end backup money, that’s a strong return on their investment. However, his numbers were particularly mediocre after a solid performance the year before. That makes his next contract tough to project; if he’s closer to last season’s numbers, he might have a hard time commanding $5MM per season. But if he goes back to his 2022-23 performance, a contract starting with a six could be doable.
Signed Through 2025-26
G Justus Annunen ($837.5K, RFA)
F Parker Kelly ($825K, UFA)
D/F Jacob MacDonald ($775K, UFA)
D Josh Manson ($4.5MM, UFA)
Despite a bounce-back season, the Senators opted to non-tender Kelly to avoid the arbitration risk, sending him to the open market early. Even if he can’t put up 18 points again, if he can add grit to the fourth line and effectively kill penalties, he’ll have a much stronger market in 2026 in a more favorable cap environment.
Manson was able to stay healthy last season which is something that had been a challenge for him in previous years. Even so, he was fifth among Colorado blueliners in ATOI; this price tag for a high-end third-pairing player is on the high side. Unless he stays healthy the next two years and can move into a top-four role, he’ll be hard-pressed to make this on his next contract. MacDonald returns for a second stint in the organization but with the extra blueliners they’ve brought in since then, his best shot to stick might be as a forward.
Annunen split last season between the NHL and AHL and will now get his first full NHL campaign. He performed quite well in limited duty with the Avs last season and if he can push to take over as the starter by the time this deal is up, he will be in line for a significant raise with arbitration eligibility.
Signed Through 2026-27
F Ross Colton ($4MM, UFA)
D Samuel Girard ($5MM, UFA)
F Artturi Lehkonen ($4.5MM, UFA)
D Cale Makar ($9MM, UFA)
F Casey Mittelstadt ($5.75MM, UFA)
Mittelstadt came over at the trade deadline from Buffalo in one of the biggest swaps of the season, one that saw Bowen Byram go the other way. However, it was a bit surprising that Colorado opted for this contract, one that only bought them one more year of club control although it kept the AAV at a more manageable rate. He’ll need to take another step forward offensively and get closer to at least the 65-70-point mark to break into that next salary tier which would start around $7MM.
Lehkonen’s acquisition from Montreal has sparked another offensive level although he has battled injuries the last two seasons. If he can keep producing at a 60-point pace while playing a strong defensive game, he should be able to add a couple million to his next contract. At $4MM, Colton is a bit expensive for a third center but he is coming off a career season offensively so it’s a luxury they’ve decided they can still afford for now. If he holds around the 40-point mark, he could land similar money next time out.
Makar set new personal bests in assists and points last season while being a Norris finalist for the fourth straight year. It’s not very often that a player making $9MM could be viewed as a team-friendly bargain but that is the case here. At this point, there’s little reason to think that he won’t be setting a record-breaking agreement for a defenseman, surpassing Erik Karlsson’s $11.5MM AAV on his next contract. Girard missed time due to injury and a month in the NHL/NHLPA Player Assistance Program and in between, he found his minutes dropped to the lowest they’ve been since his rookie year. That said, he’s still a legitimate top-four defender. His smaller stature will hurt him but if he can get back to the level he played at in 2021-22 and 2022-23, he could land at least a small raise.
