After the Columbus Blue Jackets entered as a surprise team in the Johnny Gaudreau sweepstakes late this afternoon, the team has apparently signed the superstar forward, says Sportsnet’s Elliotte Friedman. According to TSN’s Chris Johnston, the deal is worth $9.75MM per season and will be paid entirely in salary (no bonuses), bringing the total value to $68.25MM. The Blue Jackets have confirmed the signing themselves, with Gaudreau set to meet the media tomorrow at 1:00 pm ET.
The theme of Gaudreau’s free agency had largely been about staying home, whether that meant staying with the only team he has ever played for, the Calgary Flames, or moving closer to his hometown in southern New Jersey. As a matter of course, the Philadelphia Flyers, Gaudreau’s childhood team, was a frontrunner for the winger’s services, along with nearby clubs who were also looking to add a dynamic forward in the New Jersey Devils and the New York Islanders. After Gaudreau informed Calgary of his intention to hit the open market and not return, the field dropped to just the other three. However, around the time that Flyers GM Chuck Fletcher had announced that the team was done signing free agents, effectively dropping them out of the Gaudreau bidding, a dark horse in the form of Columbus entered the race and won the war.
Of course not as close to southern New Jersey as Philadelphia, Newark, or Long Island, Columbus does bring Gaudreau much closer to the east coast of the United States as he appeared to want, and puts him as the centerpiece of what was already an exciting Blue Jackets build. Gaudreau will now team up with fellow star winger Patrik Laine and star defenseman Zach Werenski to form a fearsome trio to lead an otherwise solid Columbus team that features several young players and prospects with extremely high upside such as Kent Johnson and Cole Sillinger and the recently drafted David Jiricek and Denton Mateychuk.
An issue here for Columbus now, one certainly worth dealing with, is cap room. CapFriendly now projects Columbus to have just over $3.4MM in salary cap space, but with RFAs to re-sign including Nick Blankenburg, Emil Bemstrom, and the certainly-not-cheap Laine. In order to bring back their RFAs, Columbus will likely need to make another move to clear out some cap space.
Losing Gaudreau is clearly a massive blow to the Flames, this evening’s news not making much of a difference to the organization that saw one of it’s all-time great players move on. The team will now have to choose which direction to head in, with fellow superstar forward Matthew Tkachuk a pending RFA and set to hit the UFA market next summer. How Calgary and GM Brad Treliving play this offseason could determine whether the Flames choose to push forward, add talent back in, or rebuild, potentially necessitating a trade of Tkachuk.
For the Flyers, losing out on the opportunity to sign a hometown superstar may be difficult to take, however the team bowed out on its own accord, apparently looking to take a different path, with Gaudreau not part of the plan. For the Devils and Islanders, however, losing out on Gaudreau is tougher, having been part of the bidding and both needing to add an offensive weapon in order to take a step forward; the Devils looking to escape a years long rebuild and the Islanders looking to step back into the playoffs after back-to-back Conference Finals appearances followed by a miss of the postseason completely. Still, Gaudreau wasn’t the last chip the market had to offer, with Nazem Kadri still representing a star player and Ondrej Palat another point-producer, as well as J.T. Miller on the trade market, so options do remain.
Lastly, Gaudreau moving on from Calgary in favor of Columbus seems to bring Columbus full circle and bring back memories of 2019. It was on the first day of free agency (July 1st of that year to be exact) Columbus, who had a world of promise, lost three superstars in the form of Artemi Panarin, Matt Duchene and Sergei Bobrovsky to free agency, effectively instituting the mini-rebuild the franchise has undergone since. Today, Columbus switches roles, signing the superstar free agent with Calgary now evaluating its future.