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Colorado Avalanche Expected To Re-Sign Darren Helm

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The Colorado Avalanche may be losing some of their key free agents but at least one more depth player is sticking around. Darren Dreger of TSN tweets that the team is close to re-signing Darren Helm, and expects the deal to be similar to Andrew Cogliano’s one-year $1.25MM contract extension.

Helm, 35, came to the Avalanche this season after more than 700 games with the Detroit Red Wings and ended up lifting the Stanley Cup for the second time. The veteran forward had won it with the Red Wings in 2008, meaning there was a 14-year gap before he was able to hoist it again. While he was never expected to provide much offense, Avalanche fans will never forget the game-winning goal that Helm scored in game six against the St. Louis Blues. With just five seconds left in the game, he slapped a puck past Ville Husso to send Colorado to the Western Conference Finals.

For that goal alone he deserved an extension but there is still some game left in Helm, who will remain in a bottom-six role for Colorado next season. He and Cogliano make up a defensive duo that can be relied on late in games against the opponent’s best, while also chipping in a goal now and again at brilliant times.

With so much talent likely taking bigger paydays elsewhere, bringing back these reliable veterans will allow Colorado to maintain some of the depth advantage that they had this season.

Offseason Checklist: Colorado Avalanche

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With the offseason in full swing, it’s time to examine what each squad will need to accomplish over the coming weeks.  Last up is a look at the Avalanche.

Generally speaking, a team that wins the Stanley Cup shouldn’t need to make a whole lot of changes.  Evidently, that’s not the case in Colorado as they have a new starting goalie (Alexandar Georgiev) and a new GM (Chris MacFarland with Joe Sakic moving up a rung) in just a couple of weeks after beating Tampa Bay.  MacFarland will have a few items to check off in the coming days as well.

Replace Defensive Depth

Sakic added defenseman Josh Manson at the deadline as a rental and while he didn’t have the exact same role he had in Anaheim (his minutes were more limited), he was a key role player in the postseason.  He’s likely to become an unrestricted free agent and there’s a decent chance he’ll move on.  Ryan Murray and Jack Johnson, who signed with Colorado last summer, are also set to become unrestricted free agents tomorrow and certainly aren’t locks to return.

That leaves Colorado with six blueliners that saw regular action last season and one of those (Kurtis MacDermid) is more of a winger than a defenseman at this point.  Another, Bowen Byram, has shown plenty of promise but has dealt with multiple concussions in his young career and had to take a step back to recover last season.  While the Avs will certainly be hoping that he’ll be able to stay healthy, expecting that to be the case would carry some risks.

With that in mind, MacFarland will need to add (or re-sign) at least one defenseman if not two to stay on the safe side.  These players likely won’t command long-term deals (especially since they’ll want to keep some flexibility for the future) and will be earmarked for the third pairing but that extra depth will be necessary to hedge against in-season injuries.  Fortunately for Colorado, while there aren’t many impact defenders available on the open market, there are several depth ones that are in the range that they’re going to want to pay.

MacKinnon Extension Talks

It’s quite possible that the biggest item on Colorado’s list this summer is to do something that won’t even affect their team for next season.  Nathan MacKinnon will officially enter the final year of his contract on Wednesday, making him eligible to sign a contract extension.  Prior to stepping aside as GM, Sakic recently indicated his intention of trying to get a deal done with his captain and there’s little reason to think that will change with MacFarland at the helm.

It sounds crazy to think now but at the time the 26-year-old signed his current seven-year, $44.1MM deal, there was some risk attached to it.  While MacKinnon had shown flashes of offensive dominance, he had also failed to reach 25 goals in a single season.  They were paying up with the expectation that he’d continue to improve and provide extra value by the end of the contract.  It’s safe to say he has done that and more as only two players in the league have more points than MacKinnon over the last five years.  (Both of them play in Edmonton if you’re wondering who they are.)

While the salary cap has flattened out in recent years and still has another couple of years on its current trajectory, MacKinnon is in line for a substantial raise on his next contract.  Connor McDavid’s deal represented 16.67% of the Upper Limit when it was signed; that rate applied to the current cap would push MacKinnon just past $13.75MM.  Granted, McDavid has been the better scorer but it’s not out of the realm of possibility that MacKinnon checks in around 15% of the cap which would put his next contract around the same $12.5MM AAV that McDavid currently has now.  It’s a price tag Colorado shouldn’t be balking at paying either as if he was to somehow hit the open market next summer, several teams would be going after him with that type of money.

At this point, there isn’t a lot to gain from waiting while there’s value in having certainty about costs moving forward as Colorado plans other moves.  Accordingly, expect a push to get something done on this front quickly.

Re-Sign Lehkonen

While Manson and some of their other late acquisitions were pending unrestricted free agents, that wasn’t the case for winger Artturi Lehkonen.  The extra year of team control was enough for Sakic to justify parting with one of their top prospects in Justin Barron to get him from Montreal at the trade deadline.  He certainly made an immediate impact with his new team, logging over 16 minutes a game in their middle six down the stretch and then scored two critical goals in the playoffs with the series-winner against Edmonton and the Cup-winner against the Lightning.

Lehkonen has arbitration rights in his final year of RFA eligibility so expect Colorado to take a run at signing him to a long-term deal that buys out his prime UFA years.  Such a move would push his AAV past the $4MM mark even though his highest point total during the regular season is 38 which he put up this year.  It’s a high price to pay for a winger that isn’t going to consistently light the lamp but his versatility and penalty killing ability made him an integral part of their team in the playoffs and it’s unlikely they will give him a chance to move on anytime soon.

Replace Outgoing Free Agent Forwards

While Colorado managed to get one prominent free agent off the table on Monday when they signed winger Valeri Nichushkin to an eight-year deal, they’re still set to lose a pair of key free agent forwards in Nazem Kadri and Andre Burakovsky.  Knowing the money that they’re going to be paying MacKinnon in 2023-24, they know they’re not going to be able to keep Kadri which creates a big opening down the middle.  While Alex Newhook has shown some promise, he’s not really for full-time duty in the top six yet and while J.T. Compher can hold his own when covering for injuries, he’s not the preferred option to take Kadri’s spot either.  Adding a proven veteran center on a short-term contract would be huge for the Avalanche.

Then there’s Burakovsky whose 61-point campaign likely priced himself out of what Colorado can afford with Lehkonen effectively taking his spot and role on the roster.  But another winger that can at least slot in on the third line with an ability to move up when needed would certainly help lengthen their attack.  The Avs have around $14MM to spend this summer with Lehkonen set to take up a sizable chunk of that.  Between a new center to replace Kadri and some defensive depth, there might be enough left for that type of winger to help keep one of the top attacks in the NHL three lines deep.

Photo courtesy of USA Today Sports Images.  Contract information courtesy of CapFriendly.

Colorado Avalanche Sign Valeri Nichushkin To Eight-Year Extension

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The Stanley Cup champion Colorado Avalanche are retaining winger Valeri Nichushkin with an eight-year extension. Nichushkin was one of the most valuable two-way wingers hitting unrestricted free agency this offseason. The Athletic’s Peter Baugh reports the contract is worth $49MM in total, or $6.125MM per season through 2029-30.

PuckPedia has the details of the massive extension for Nichushkin:

2022-23: $6MM base, full NMC
2023-24: $7.5MM base, full NMC
2024-25: $8MM base, full NMC
2025-26: $7.3MM base, 12-team NTC
2026-27: $4.8MM base, $1MM SB, 12-team NTC
2027-28: $4.8MM base, 12-team NTC
2028-29: $2.8MM base, $2MM SB, 12-team NTC
2029-30: $2.8MM base, $2MM SB, 12-team NTC

Nichushkin, 27, has spent the last three seasons in Colorado growing into one of the game’s most underrated commodities. Bought out by the Dallas Stars after a goalless 2018-19 season, the 2013 10th overall pick saw his defensive game get recognition with the Avalanche before finally exploding offensively in 2021-22. Nichushkin scored 25 goals and 27 assists for 52 points in 62 games this season, with all of those offensive numbers being career highs.

He’s received Selke Trophy votes each of the past three seasons, a true compliment to just how good he’s been on both sides of the puck since joining Colorado. He really just got a top-six role in earnest for the first time this season, though, averaging 19:02 per game. Nichushkin had never averaged above 15 minutes per night in his career. It’s one of the best career turnaround stories in the league, making the eight-year extension one of the feel-good stories of the offseason.

It’s a monster raise for Nichushkin, who was coming off a two-year deal with just a $2.5MM cap hit. If his 15 points in 20 playoff games is a sign that this level of production from him is sustainable over the next few years, he’ll be well worth the money — especially when considering his defensive prowess.

Next, Colorado and brand-new general manager Chris MacFarland will have to navigate what to do with Nazem Kadri and Andre Burakovsky. While Burakovsky is expected to hit the open market on Wednesday, the certainty of Nichushkin’s cap hit now allows Colorado to try and grind out an extension with Kadri. CapFriendly has Colorado with just under $15MM in projected cap space after the Nichushkin extension.

TSN’s Pierre LeBrun was first to report the extension.

Colorado Avalanche Promote Joe Sakic, Chris MacFarland

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The Colorado Avalanche are making some front office changes after winning the Stanley Cup. Joe Sakic, who was recently given the Jim Gregory award as GM of the year, will be promoted to president of hockey operations, while Chris MacFarland will become the team’s new general manager.

A move like this was necessary if the team was going to keep MacFarland in the picture, as he had drawn plenty of interest from around the league. The long-time executive has been with the Avalanche since 2015, coming over that year from the Columbus Blue Jackets where he had served for more than a decade. There was always going to be a time when he was given the keys to a team of his own, and when he wasn’t included in some of the other recent general manager searches, it appeared as though a promotion in Colorado was imminent.

In this case, he’ll get the opportunity to run a team with the support of a manager that is not only a franchise icon but an extremely successful executive in his own right. Sakic will be able to take a lot of the pressure off of MacFarland with the press and help him to continue the excellent work that the front office has done over the last several years.

It is interesting to see this move happen just ahead of free agency, and it only strengthens the idea that MacFarland was already doing a lot of the heavy lifting for the organization. He’ll now have control of the ship, even if Sakic is still standing over his shoulder guiding him across uncharted waters.

Colorado Avalanche Extend Alexandar Georgiev, Jacob MacDonald

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The Colorado Avalanche announced via Twitter that they have extended goaltender Alexandar Georgiev for three years. TSN’s Chris Johnston reports that the deal is expected to carry a $3.4MM AAV and Pierre LeBrun of The Athletic reports the salary breakdown to be $3.6MM in year one, $3.7MM in year two, and $2.9MM in year three. Colorado had acquired the goaltender on Thursday in exchange for a 2022 third-round pick, a 2022 fifth-round pick, and a 2023 third-round pick. The trade, and now this extension, seems to put a close to Darcy Kuemper’s time in Colorado, as he is set to hit the free agent market on Wednesday.

Just after the Georgiev announcement, the team also announced via Twitter and their website that they have extended defenseman Jacob MacDonald for two years. The news was first broke by The Athletic’s Peter Baugh. MacDonald’s contract is two-way, with a $450K salary in the minors and carries a cap hit of $762.5K each season (link).

Georgiev, 26, was an arbitration-eligible RFA who was due a $2.65MM qualifying offer, one the Rangers likely couldn’t afford, especially as a backup to Vezina Trophy winner Igor Shesterkin. With speculation that the team could let Georgiev walk in free agency, the team was able to secure a return by sending him to Colorado for the above draft picks. Colorado appeared set to try and work out an extension with Kuemper, the incumbent goaltender, but with several other UFAs on the docket and a goalie market with seemingly much higher demand than supply, Georgiev became the more attractive option.

The reigning Stanley Cup Champion Avalanche now boast a duo of Georgiev and Pavel Francouz in net, which will cost a combined $5.4MM over each of the next two seasons before Francouz becomes a UFA after 2023-24. The cost for both goaltenders is surely attractive for Colorado, given it is less than some teams pay for just their starter, however it doesn’t come without some questions as to performance. In 33 games last season, Georgiev played to just an .898 save-percentage, the worst mark of his career, and a 2.92 goals-against average. Francouz played to a far better .916 save-percentage and 2.55 goals-against average in 21 regular season games, as well as a .906 save-percentage and 2.81 goals-against average in seven playoff games, filling in for an injured Kuemper. Though Francouz’s numbers are relatively good, the Avalanche have made clear his role is as the backup. This may not necessarily hold true over the remainder of his contract, and could formulate strong competition between the two for playing time.

Switching gears and turning back to MacDonald, the 29-year-old is a veteran of 43 NHL games, including eight in 2021-22 for the Avalanche, his most significant time however, coming in 2020-21, where he played in 33 games. Having just two goals and eight assists in his NHL career to date, the defenseman has been a prolific point-producer at the AHL level, hitting the 40-point mark three times, including one 55 point season. This season, MacDonald tallied 10 goals and 15 assists in a mere 33 AHL games. The Cornell University alum could be a candidate to push for more playing time with the Avalanche this year, having shown his ability to play at the NHL level, his affordability, and with questions regarding other Avalanche defensemen, including pending UFAs Josh Manson, Jack Johnson, and Ryan Murray, as well as Samuel Girard, who broke his sternum in Colorado’s second-round series against the St. Louis Blues.

Andre Burakovsky Hopes To Return To Avalanche

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  • Peter Baugh, who covers the Colorado Avalanche for The Athletic, says that talks between the Avalanche and winger Andre Burakovsky have been quiet, however Burakovsky does still hope to remain in Colorado. With the veteran a pending UFA, and the market opening up on Wednesday afternoon, if Colorado wants to keep him around, the talks will likely have to intensify shortly to get something done. The forward has seen his production take a massive step forward since being traded to Colorado from the Washington Capitals in the summer of 2019, hitting a career-high 61 points in 80 games this season. In addition to Colorado’s need to balance the salary cap along with other pending UFAs in Nazem Kadri and Valeri Nichushkin, Burakovsky also brings with him a streaky nature, leaving his breakout and free agency with question marks surrounding it.

West Notes: Puljujarvi, Gaudreau, Nichushkin

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The Edmonton Oilers have cap space in hand and, after a strong run to the Western Conference Final, a clear desire to add difference-making players to their roster. One player they’re likely to subtract from their lineup is forward Jesse Puljujarvi. Puljujarvi, 24, will become an arbitration-eligible restricted free agent on Wednesday and is expected by many to be moved before next season. After a promising season in Edmonton, the Oilers faithful could not be faulted for expecting to return at least something of reasonable quality as part of the compensation package in any summer Puljujarvi trade. It seems, though, that that’s unlikely to happen. According to TSN’s Darren Dreger, the Oilers are “frustrated” by “how little interest there is” in Puljujarvi.

Dreger clarifies that there are about three or four teams that are “nibbling” at the prospect of acquiring Puljujarvi and that the Oilers front office is bracing for a reality where they are forced to “sell low” on Puljujarvi and accept a return they deem to be sub-par. Puljujarvi, the fourth overall pick at the 2016 draft, scored 14 goals and 36 points in 65 games in 2021-22, which is a career-high in points production, although his playoff scoring (just three points in 16 games) left much to be desired. There is a general belief that Puljujarvi could “pop” on another team and score with a level of consistency and frequency he never could in Edmonton, and the Oilers may be left with a sort of trade return that is not commensurate with the value they believe Puljujarvi holds.

Now, for some other notes regarding the league’s Western Conference teams:

  • With Filip Forsberg now off the market, Calgary Flames forward Johnny Gaudreau has solidified his spot as the undisputed top free agent scorer set to be available on next week’s open market. The Calgary Flames, though, are hoping his contract situation ends in a similar way to Forsberg’s. Flames GM Brad Treliving, as relayed by TSN’s Salim Valji, remains “optimistic” about the prospect of re-signing Gaudreau, and part of the reason for that optimism has been because he and Gaudreau’s agent, Lewis Gross, have been “genuinely working towards a deal.” There has long been speculation on a Gaudreau return to his native East Coast, perhaps to the Philadelphia Flyers or New Jersey Devils, but it seems as though the Flames are fully intent on keeping that from happening and have every confidence that they’ll be successful.
  • With a spectacular performance in the playoffs, capped off by an impactful Stanley Cup Final series against the Tampa Bay Lightning, winger Valeri Nichushkin could enter the market next week on extremely strong ground. The Colorado Avalanche and GM Joe Sakic are going to try to keep that from happening. The team bid farewell to goalie Darcy Kuemper, helping them save cap space, and will likely use a solid chunk of that space in their attempt to retain Nichushkin. ESPN’s Kevin Weekes pegs a Nichushkin extension in Colorado at the $5MM-$6MM average annual value, which seems more than reasonable for a strong defensive player who scored 52 points in 62 games. It’s still an open question as to whether the Avalanche will commit to the full eight-year term they are permitted to offer Nichushkin, but their ability to offer one more year than any teams on the open market could be a factor in deciding if Nichushkin stays in Colorado. If he doesn’t, he can expect a multitude of suitors once the market opens.

Free Agent Focus: Colorado Avalanche

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Free agency is now less than a week away and teams are looking ahead to when it opens up.  There will be several prominent players set to hit the open market in mid-July while many teams have key restricted free agents to re-sign as well.  Next up is a look at the Colorado Avalanche.

Key Restricted Free Agents

F Artturi Lehkonen – Montreal didn’t want to move the winger at the trade deadline but GM Joe Sakic parted with prospect blueliner Justin Barron and a 2024 second-round pick which was enough to land the 27-year-old.  The move worked out quite well for Lehkonen and Colorado as he proved to be a strong fit both offensively and defensively while he scored a pair of key goals in the playoffs, the one to get them to the Stanley Cup Final and the one that was the Cup-winner in the sixth game of the series.  Lehkonen has yet to crack the 40-point mark in his career but is a strong defensive forward and with his offensive improvement in Colorado, he could pass the $4MM mark on a one-year award while a long-term deal that buys out some UFA eligibility could push him closer to the $4.5MM range.

G Alexandar Georgiev – The freshly-acquired netminder is in need of a new contract and his fortune has certainly changed in recent days.  Some expected him to be non-tendered with the goalie trade market usually not being strong but that changed this year with Colorado flipping three draft picks for the rights to the 26-year-old.  Georgiev is arbitration-eligible and is coming off a quiet season that saw him post a 2.92 GAA along with a SV% of just .898.  However, with the Avs committing to a platoon of Georgiev and Pavel Francouz, it’s clear they’ll want to get their new goalie locked up on a multi-year deal soon.  GM Joe Sakic told reporters after the draft, including Pierre LeBrun of TSN and The Athletic (Twitter link) that he expects to get this deal done by the end of the weekend.

F Nicolas Aube-Kubel – Claimed off waivers by Colorado back in November, the 26-year-old fit in well with the Avalanche, picking up 11 goals and 11 assists in 67 games despite averaging less than 10 minutes a night in ice time.  He’s owed a qualifying offer of $1.225MM which isn’t overly high but he’s also arbitration-eligible.  It’s possible that the Avs want to avoid giving Aube-Kubel that option as that could push the salary higher than they can afford for someone in that role.  If they can’t get an agreement in place by the tender deadline, it’s possible that Aube-Kubel goes unqualified.

Other RFAs: F Shane Bowers, F Callahan Burke, F Nick Henry, F Mikhail Maltsev, D Keaton Middleton, F Andreas Wingerli

Key Unrestricted Free Agents

F Nazem Kadri – There’s rarely a bad time for a career year offensively but having one in the final season of a contract before becoming UFA-eligible is basically the best time for one.  Kadri, who had been a solid secondary scorer for most of his career, found a new gear entirely as he set new career-bests in assists (59) and points (87) in 71 games while logging over 19 minutes a game.  As a result, the 31-year-old has positioned himself as the top center on the UFA market this summer and as we all know, high-end centers are always in short supply and high demand and Kadri is well-positioned to go for a seven-year max-term deal with a cap hit at or higher than $8MM per season.  That’s a price tag Colorado is unlikely to be able to afford especially with Nathan MacKinnon’s contract up a year from now.

F Valeri Nichushkin – Dallas fans can only be wondering ‘what if?’ when it comes to the 27-year-old.  After two disappointing stints with the Stars including one where he didn’t score a single goal in 57 games, they actually bought him out which paved the way for him to join Colorado.  From there, Nichushkin has continually improved and is coming off a 25-goal, 27-assist season in just 62 games while providing strong offensive contributions in the playoffs with 15 points in 20 contests.  He’s a quality penalty killer as well which only increases his value.  Nichushkin is coming off a contract that carried a $2.5MM AAV and it’s quite possible he doubles that on the open market next week.

F Andre Burakovsky – The 27-year-old wasn’t able to produce with the type of consistency Washington was hoping for which helped lead to his trade to Colorado in 2019.  Since then, Burakovsky has been able to put up consistent second-line production and he improved on that in 2021-22 with 22 goals and 39 assists, both career-highs.  That has him in line for a nice jump on the $4.9MM AAV he has played under for the last two seasons.  An extra million or so on a long-term agreement is definitely doable.

G Darcy Kuemper – Colorado paid a high price to get Kuemper on the final year of his contract (with salary retention) and they quickly realized they wouldn’t be able to afford the veteran on his next deal, leading to the Georgiev trade.  The 32-year-old is the most proven goalie to hit the market this summer and is coming off a strong season that saw him post a 2.54 GAA along with a .921 SV%.  While his numbers weren’t as impressive in the playoffs, that shouldn’t hurt his market too much.  It has been suggested that his camp is seeking a contract similar to the one former Colorado netminder Philipp Grubauer received from Seattle (six years, $5.9MM AAV).  Kuemper might not get that at his age but something close should be doable.

D Josh Manson – When Colorado picked up Manson, they were looking for some reliability and stability at the bottom of their defense corps.  He provided exactly that.  The 30-year-old played a lesser role than he did with Anaheim but that shouldn’t affect his market next week.  Manson is a quality second-pairing player that can play upwards of 20 minutes a game, kill penalties, and play in late-game defensive situations.  A lack of offense limits his earnings upside to a degree (he has only reached 20 points once in an eight-year NHL career) but he should be able to get a bit more than the $4.1MM he made on his expiring contract with a multi-year commitment as well.

Other UFAs: D Dennis Gilbert, D Jordan Gross, F Darren Helm, D Jack Johnson, D Jacob MacDonald, F Stefan Matteau, D Roland McKeown, G Hunter Miska, D Ryan Murray, F Kiefer Sherwood, F Dylan Sikura, F Nico Sturm

Projected Cap Space

Colorado has over $24MM in cap space to work with.  Suffice it to say, it won’t take long to spend that up as a few of the above players plus some depth pieces to round out the roster will more or less take care of that money in a hurry.  The Avalanche will be losing some important players next week but there’s a big, shiny silver lining that they won a couple of weeks ago that should help ease the sting of some of those pending departures.

Photos courtesy of USA Today Sports Images.  Contract information courtesy of CapFriendly.

Joe Sakic Wins GM Of The Year

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Joe Sakic won many awards as a player, and now he has one as an executive. The Colorado Avalanche GM has won the Jim Gregory GM of the Year Award. Sakic edged out Chris Drury of the New York Rangers and Julien Brisebois of the Tampa Bay Lightning for the award.

Sakic led the Avalanche to a Stanley Cup title this year, and his work, especially this year, went a long way to getting them there. Savvy trades for Darcy Kuemper, Artturi Lehkonen, and Nazem Kadri provided the team with crucial difference-makers that all played a role on their cup run. His trade for Devon Toews especially is one of the most lopsided trades in recent NHL history. Sakic’s shrewd free-agent moves, highlighted by his acquisition of Valeri Nichushkin, helped support the core of players the Avalanche drafted.

Sakic, a Hall of Fame player, is now building an executive career that could eventually come to rival the success of his playing career. The Avalanche look like they could be contenders for many years to come, and they’re in that position thanks in large part to the work Sakic has done. Now, Sakic has even more recognition to show for that work, in addition to the Stanley Cup ring he won earlier this summer.

Colorado Avalanche Acquire Alexandar Georgiev

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The Colorado Avalanche have found a new goaltender. The New York Rangers have traded Alexandar Georgiev to the Avalanche in exchange for a 2022 third-round pick, a 2022 fifth-round pick, and a 2023 third-round pick.

This means that Darcy Kuemper is no longer expected to re-sign in Colorado, as the Avalanche go with a cheaper option to pair with Pavel Francouz. Georgiev, 26, is a pending restricted free agent due a qualifying offer of $2.65MM and is eligible for arbitration. Even if he landed a good settlement, it won’t match what Kuemper will likely be able to command on the open market, especially in a year with such a shallow pool of free agent goaltenders.

Interestingly enough, it appeared as though the Rangers were not going to issue that qualifying offer, which would have made Georgiev a free agent next week. With Igor Shesterkin in place and several free agents to sign, the team was expected to walk away from their backup if they couldn’t find a trade partner. By landing three picks, general manager Chris Drury has squeezed quite a bit of value out of the last few days of Georgiev’s tenure in New York.

In fact, his time there has been incredibly valuable, relative to the cost that the Rangers paid. Signed as an undrafted free agent in 2017, Georgiev played three seasons with the team under an entry-level contract, two more with a cap hit of $2.45MM, and now netted them three draft picks before he walked out the door.

With a .909 save percentage in 131 NHL games, he doesn’t have a huge track record of success but there have been flashes of brilliance from the netminder, skill the Avalanche will hope to nurture in Colorado. The fact that Francouz has shown the ability to perform at a high level can make them a worthwhile tandem, not to mention the fact that the team itself has been able to overcome poor goaltending performances in the past.

For Colorado, with this core, it’s time to push all the chips to the middle and try to repeat. The team now has no draft picks until the sixth round this year, and are already without six future picks as well. Given the relative youth of so many key players they can afford it, though a gap in prospect development like that can be a tough thing to overcome down the road.

Still, this leaves more money open for some of their other free agent negotiations. Nazem Kadri (UFA), Valeri Nichushkin (UFA), and Artturi Lehkonen (RFA) all played huge parts in the team’s Stanley Cup win, and are deserving of big raises this summer. With a goaltending tandem that could very well cost less combined than Kuemper will make on his own, there are a few more dollars to go around.

Photo courtesy of USA Today Sports Images

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