Joel Kiviranta Signs PTO With Colorado Avalanche
Peter Baugh of The Athletic is reporting that the Colorado Avalanche have dipped their toes into the PTO waters once again as they have signed forward Joel Kiviranta to a professional tryout. The 27-year-old spent last season with the Dallas Stars where he registered eight goals and one assist in 70 games while playing 12:09 a night. Kiviranta joins Peter Holland who also signed a PTO with the Avalanche last week and will be looking to crack the team’s bottom six forward group and earn an NHL contract.
The native of Vantaa, Finland was signed by the Stars as an undrafted free agent back in May 2019 after he helped Finland earn a gold medal at the 2019 World Championship. He dressed in 11 NHL games the following season scoring just a single goal before dressing in 26 games in 2020-21 where he scored a career high 11 points.
The next two seasons would see Kiviranta become an NHL regular, albeit one who couldn’t regularly crack the score sheet. In 126 games over the past two seasons, Kiviranta has posted a total of nine goals and seven assists while going -15. Obviously, his offensive numbers leave a lot to be desired but on the defensive side of the puck Kiviranta has posted 214 hits over the past two years, and last season posted terrific takeaway numbers with 29 takeaways and just 13 giveaways.
Kiviranta is unlikely to develop into much more than a 13th forward at this point in his career, but for a team starving for some sandpaper and depth, it makes sense for the Avalanche to take a free look at Kiviranta and see if he can help them out.
Peter Holland Signs PTO With Colorado Avalanche
Peter Baugh of The Athletic is reporting that former Toronto Maple Leafs forward Peter Holland is attempting to make a comeback with the Colorado Avalanche. Baugh reports that Holland will be trying to return to the NHL after not playing hockey anywhere last season.
Holland last played professionally in the Swedish Hockey League for Djurgardens IF. He struggled offensively, posting just six assists as he cut his season short and played in just 15 games.
Holland hasn’t dressed in an NHL game since 2017-18 when he was a member of the New York Rangers. He struggled mightily that season as he posted just a goal and three assists in 23 games while playing in a bottom-six role. He then spent time in the AHL and Sweden before eventually landing in the KHL where he played for two seasons as a member of Avtomobilist Yekaterinburg.
Holland will be a long shot to make a very talented Avalanche team. He will be fighting an uphill battle after sitting out for a season and spending a half-decade outside of the NHL. But he is a talented player, while he never reached the level scouts thought he would when he was selected 15th overall by the Anaheim Ducks in the 2009 NHL entry draft, he did put up several solid seasons as a member of the Maple Leafs.
Holland will join the likes of Nathan Beaulieu (Hurricanes), Alex Chiasson (Bruins), and Brandon Sutter (Oilers) who are all hoping to convert PTOs into NHL contracts for next season.
Multiple Teams Showing Interest In Patrick Kane
While former Chicago Blackhawks and New York Rangers winger Patrick Kane may be the best UFA left on the market, no one expects him to sign a deal in the coming days. That’s because he’s still recovering from a hip resurfacing procedure he had done in June, which puts him on track to be cleared for game action sometime between October and December.
Speaking on NHL Network earlier this week, The Fourth Period’s David Pagnotta gave various updates on the 34-year-old, including three teams that had displayed “significant” interest earlier in the summer: the Colorado Avalanche, Dallas Stars and New York Islanders. Pagnotta also mentioned the Boston Bruins as a potential suitor but to a lesser degree.
Undoubtedly, teams will want to watch him practice before extending him a contract, even if it’s just a one-year pact, as expected. A significant hip procedure for an athlete as late into their career as Kane is no small factor in what his game may look like after he’s recovered. Pagnotta believes there should be clarity on Kane’s health status and a more specific potential return date in “four to five weeks,” which could also be a target date for Kane signing rumors heating up in earnest.
Out of all the suitors Pagnotta mentioned, Colorado has made sense for Kane since the offseason began and still does today. Colorado projects to have four new faces in their middle six next season (Ross Colton, Jonathan Drouin, Ryan Johansen, and Miles Wood), but their scoring depth remains rather thin. Few would argue Kane is anywhere close to his prime at this stage in his career, especially coming off hip surgery, but he could still allow the team to reliably let Nathan MacKinnon and Mikko Rantanen drive the top two lines separately. Playing alongside MacKinnon could also very well jumpstart Kane’s production to the point where he’s providing rather immense value on what’s sure to be an already affordable contract.
As things stand, Colorado also has the most favorable salary cap situation out of the three major contenders Pagnotta mentioned. They’re projected to have $2.025MM in cap space with captain Gabriel Landeskog on long-term injured reserve, per CapFriendly. Meanwhile, the Stars and Islanders are both between $300K and $500K over the $83.5MM Upper Limit and will need to run a 22-player roster to be compliant, at least to start the season, assuming no further moves are made.
It’s hard to imagine a fit for Kane in Dallas, too. Their top nine is truly stacked, boasting one of the best lines in hockey followed by a combination of players like Jamie Benn, Matt Duchene, Wyatt Johnston, and Tyler Seguin occupying lines 2 and 3. While Kane may be a true upgrade on someone like Evgenii Dadonov, Dallas signed Dadonov to a two-year, $2.25MM AAV extension this offseason. That’s not money usually given to a player slated for a fourth-line role, especially for someone who relies on point production to maintain efficacy.
The Islanders would make much more sense from a roster construction standpoint if they can make the money work. Wingers like Pierre Engvall and Kyle Palmieri are fine middle-six wingers, but they’re not ideal second-line flanks for a team still boasting championship aspirations with Mathew Barzal, Bo Horvat and Ilya Sorokin locked in for the long haul to rather hefty deals.
Regarding Boston, Kane may not be the top-six center they so desperately need, but he’d be a gigantic boon to a middle-six wing group that now looks awfully thin outside of Jake DeBrusk. Boston signed another veteran, James van Riemsdyk, to hopefully add a solid net-front punch, but after posting just 29 points in 61 games last season, expectations shouldn’t be high for the 34-year-old to be a high-end point-producing factor on the second or third line.
What may complicate fitting a contract for Kane under the cap is his lack of eligibility for performance bonuses. He’s still a year away from being eligible for a 35+ contract containing performance bonuses, and he didn’t miss significant time in-season with the hip injury. It removes the option for a team to give Kane a lower cap hit and compensate him more in performance bonuses, allowing them to deal with the after-effects in 2024-25 if they can’t fit the bonuses under their year-end cap hit.
Photo courtesy of USA Today Sports Images.
Assessing Colorado's Depth Options
In an article today from Peter Baugh of The Athletic, he takes a look at some of the internal options available to the Colorado Avalanche in terms of their bottom-sixth depth. Baugh argues, that when the season begins, given a clean bill of health, there are 10 forwards that should already have their names penciled in for opening night of 2023-24.
The most oft-mentioned names that Baugh believes will fill out the depth of the Avalanche will be forwards Fredrik Olofsson, who was acquired in a mid-June trade with the Dallas Stars, and Ben Meyers, who was signed out of the University of Minnesota during the 2021-22 regular season. Given the overall youth of some of the players that Colorado could use to fill out their roster, both Olofsson and Meyers seem to be solid projections.
Unfortunately for the Avalanche, and albeit holding a very small sample size, neither player has played particularly well in their short careers. The team still has just over $2MM available in cap space when factoring in the LTIR placement of captain Gabriel Landeskog, and could seek other relatively cheap options still left in unrestricted free agency to fill out their roster. Players such as Paul Stastny, Phil Kessel, Josh Bailey, and Nick Ritchie are still without homes for the 2023-24 regular season, and would likely be seeking contracts that would fit in nicely with Colorado’s current cap situation.
Colorado Avalanche Sign Matt Stienburg
The Colorado Avalanche have signed forward Matt Stienburg to a two-year, entry-level contract, per a team post on X. Stienburg was a draft pick of the Avalanche but briefly became a free agent on August 15 when his exclusive signing rights expired.
The 22-year-old center prospect was a third-round draft pick in 2019, heading off the board to Colorado at 63rd overall. He just completed a four-year collegiate stint at Cornell, although his sophomore season was wiped out entirely due to COVID. At Cornell, Stienburg finished with 20 goals, 26 assists and 46 points in 73 games and a +21 rating.
Stienburg stands out as a center with good size at 6-foot-1 and 183 pounds, with some aggressiveness in his game, although he’ll need to work on his offensive consistency to play a middle-six role in the NHL. He ended last season in the AHL on a tryout with the Colorado Eagles, recording two assists in eight games combined across the regular season and playoffs.
The Avalanche did not release the financial terms of Stienburg’s contract. However, he will be a restricted free agent upon the deal’s expiration in 2025. Over the next two years, he’ll look to make enough of an impact in the minors to warrant receiving a qualifying offer from Colorado at that point.
Avalanche Are Still In Discussions With Stienburg
- Seeing his exclusive draft rights expire only 48 hours ago, Peter Baugh of The Athletic is reporting that center Matt Stienburg and the Colorado Avalanche organization are still in contact about a possible contract. Stienburg was the team’s 63rd overall pick from the 2019 NHL Draft and had spent the last four seasons playing for the Cornell University of the NCAA, earning a four-game tryout with the Colorado Eagles at the conclusion of last year’s AHL season.
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August Free Agency Update: Central Division
As even most mid-tier free agents are now off the market, it’s a good time to look at how each team has fared on the free agent market this offseason. We’re publishing a list of one-way signings (i.e., likelier to start the season on the NHL roster) by team, per division, to keep you updated on NHL player movement since the new league year began on July 1.
Asterisked players denote a restricted free agent. Double-asterisked players denote the contract starts in the 2024-25 season. Next up is the Central Division. You can check out the list of Atlantic Division signings here and the list of Metropolitan Division signings here.
Arizona Coyotes
F Jason Zucker (one year, $5.3MM cap hit)
D Mathew Dumba (one year, $3.9MM cap hit)
F Alexander Kerfoot (two years, $3.5MM cap hit)
*F Matias Maccelli (three years, $3.425MM cap hit)
F Nick Bjugstad (two years, $2.1MM cap hit)
*F Jack McBain (two years, $1.599MM cap hit)
D Troy Stecher (one year, $1.1MM cap hit)
Chicago Blackhawks
*F Philipp Kurashev (two years, $2.25MM cap hit)
F Ryan Donato (two years, $2MM cap hit)
Colorado Avalanche
*F Ross Colton (four years, $4MM cap hit)
*D Bowen Byram (two years, $3.85MM cap hit)
F Miles Wood (six years, $2.5MM cap hit)
F Jonathan Drouin (one year, $825K cap hit)
F Andrew Cogliano (one year, 35+ contract, $825K cap hit)
D Jack Johnson (one year, 35+ contract, $775K cap hit)
*F Ben Meyers (one year, $775K cap hit)
Dallas Stars
F Matt Duchene (one year, $3MM cap hit)
F Craig Smith (one year, $1MM cap hit)
*F Ty Dellandrea (one year, $900K cap hit)
F Sam Steel (one year, $850K cap hit)
D Joel Hanley (two years, $787.5K cap hit)
D Gavin Bayreuther (one year, $775K cap hit)
Minnesota Wild
*G Filip Gustavsson (three years, $3.75MM cap hit)
*F Brandon Duhaime (one year, $1.1MM cap hit)
Nashville Predators
F Ryan O’Reilly (four years, $4.5MM cap hit)
F Gustav Nyquist (two years, $3.185MM cap hit)
D Luke Schenn (three years, $2.75MM cap hit)
*F Cody Glass (two years, $2.5MM cap hit)
*D Alexandre Carrier (one year, $2.5MM cap hit)
F Denis Gurianov (one year, $850K cap hit)
St. Louis Blues
*F Alexey Toropchenko (two years, $1.25MM cap hit)
F Mackenzie MacEachern (two years, $775K cap hit)
F Oskar Sundqvist (one year, $775K cap hit)
Winnipeg Jets
*F Gabriel Vilardi (two years, $3.438MM cap hit)
F Vladislav Namestnikov (two years, $2MM cap hit)
G Laurent Brossoit (one year, $1.75MM cap hit)
*D Dylan Samberg (two years, $1.4MM cap hit)
*F Morgan Barron (two years, $1.35MM cap hit)
*F Rasmus Kupari (two years, $1MM cap hit)
G Collin Delia (one year, $775K cap hit)
F Jeffrey Viel (one year, $775K cap hit)
Contract information courtesy of CapFriendly.
Looking At Contract Comparables For Toews
For the next calendar year, the Colorado Avalanche and defenseman Devon Toews will be circulating in the rumor mill, as Toews is set to hit unrestricted free agency next summer. Finishing out the last season of a four-year, $16.4MM ($4.1MM AAV), the Avalanche have received incredible surplus value from Toews on this contract. Pairing up nicely with star-defenseman Cale Makar, and becoming one of, if not the best defensive defenseman in the organization, Toews will undoubtedly be looking for a much higher salary on his next contract.
At 30 years old already, Toews will be hard-pressed to find an eight- or seven-year deal on his next contract, or will at least have to lower his price to get an interested team to bite. In Colorado, with Mikko Rantanen, Alexandar Georgiev, and Bowen Byram all needing new deals within two years, the Avalanche will have a difficult time financially fitting Toews into their long-term plans, even with the salary cap set to increase by a larger degree than in years past.
Update On This Year’s August 15 Free Agents
Most NHL free agent business is dealt with in the early summer months. There is one important date later each year, however. August 15 marks the date when NHL teams lose their exclusive signing rights to most college-drafted players if they’ve graduated (or completed without graduating) college and are not yet signed to an entry-level contract.
Earlier this month, we published a list of players slated to hit the UFA market yesterday if not signed to an ELC within the coming days. However, the guidelines the NHL uses to determine a college graduate are some of the most complex sets of rules relating to contractual obligations in pro sports. That means it’s often impossible to glean a full list of players whose rights have expired (or not expired) until after the August 15 deadline has passed.
This year was no different, as CapFriendly issued multiple updates today on their X account regarding the list of August 15 free agents they’d made public earlier in the month. Three players who were slated to expire actually remained on their team’s reserve list: Calgary Flames 2018 fourth-round pick F Demetrios Koumontzis, Ottawa Senators 2018 seventh-round pick F Jakov Novak, and Senators 2018 second-round pick D Jonny Tychonick.
On the flip side, 12 players they expected to remain on teams’ reserve lists hit the free-agent market yesterday. With that in mind, we have a revised, accurate list of players who became unrestricted free agents yesterday. Asterisked players were not originally expected to come off their team’s reserve list.
Anaheim Ducks
*F Trevor Janicke (2019 fifth round, 132nd overall)
Arizona Coyotes
F John Farinacci (2019 third round, 76th overall)
*F Anthony Romano (2019 sixth round, 176th overall)
Boston Bruins
*D Dustyn McFaul (2018 sixth round, 181st overall)
Calgary Flames
*F Joshua Nodler (2019 fifth round, 150th overall)
Carolina Hurricanes
F Kevin Wall (2019 sixth round, 181st overall)
Chicago Blackhawks
F Jake Wise (2018 third round, 69th overall)
Colorado Avalanche
*F Matt Stienburg (2019 third round, 63rd overall)
Columbus Blue Jackets
D Robbie Stucker (2017 seventh round, 210th overall)
Detroit Red Wings
F Robert Mastrosimone (2019 second round, 54th overall)
*F Ethan Phillips (2019 fourth round, 97th overall)
Edmonton Oilers
F Skyler Brind’Amour (2017 sixth round, 177th overall)
Minnesota Wild
*D Marshall Warren (2019 sixth round, 166th overall)
New Jersey Devils
*D Case McCarthy (2019 fourth round, 118th overall)
*F Patrick Moynihan (2019 sixth round, 158th overall)
New York Islanders
D Christian Krygier (2018 seventh round, 196th overall)
F Jacob Pivonka (2018 fourth round, 103rd overall)
New York Rangers
*F Eric Ciccolini (2019 seventh round, 205th overall)
*F Riley Hughes (2018 seventh round, 216th overall)
Ottawa Senators
*F Luke Loheit (2018 seventh round, 194th overall)
Philadelphia Flyers
F Jay O’Brien (2018 first round, 19th overall)
San Jose Sharks
D Arvid Henrikson (2016 seventh round, 187th overall) Originally drafted by the Montreal Canadiens
Toronto Maple Leafs
D Ryan O’Connell (2017 seventh round, 203rd overall)
Winnipeg Jets
G Jared Moe (2018 sixth round, 184th overall)
Of the list above, Krygier and Pivonka are remaining in the Islanders organization on confirmed AHL contracts for 2023-24, although they remain eligible to sign with another NHL team should one come calling. All others are either returning to school for 2023-24, have contracts signed in other leagues, or are not signed for next season.
Notably, this is the official confirmation that the Flyers’ exclusive signing rights of O’Brien have lapsed. As compensation for not signing a first-round pick to their entry-level contract, the Flyers will receive a compensatory second-round pick from the league in the 2024 NHL Draft.
Cale Makar Named Cover Athlete For EA Sports' NHL 24
- Colorado Avalanche defenseman Cale Makar is landing on the cover of EA Sports’ NHL 24, set for release in October. It’s the first such nod for the 2022 Norris Trophy and Conn Smythe winner. The 24-year-old is the first defenseman on the game’s cover in five years – Nashville Predators defender P.K. Subban was the last one, appearing on the NHL 19 cover. He becomes the third Avalanche to get the nod, succeeding Peter Forsberg on NHL 98 and Joe Sakic on NHL 2004.