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Ken Holland

Oilers Likely To Turn To Free Agency For Goaltending Help

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Goaltending has been an issue for Edmonton over the past several seasons and new GM Ken Holland is certainly aware of that fact.  In an interview with TSN 1260 (audio link), he indicated that he’s likely to dip into the free agent market to find a platoon partner for Mikko Koskinen:

“Many teams have two goalies now. Ideally I’d like a goalie who could play 30-35 games and they challenge and push each other. Ideally I’d like one who has pro experience. I will talk to teams, but right now we likely will find one in free agency.”

Koskinen’s first full NHL season was full of ups and downs.  While he got off to a strong start, he wasn’t able to sustain it and in the end, he posted a 2.93 GAA with a .906 SV%, hardly the type of numbers that are worthy of a number one role.  However, he signed a three-year, $13.5MM extension just before former GM Peter Chiarelli was let go so he will be part of the plans for the foreseeable future.

As more and more teams look towards giving their starters more rest during the regular season, the market for veteran free agents that can make 30 or more starts in a season has certainly gone up.  Jonathan Bernier (three years, $9MM from Holland when he was in Detroit), Jaroslav Halak (two years, $5.5MM), Carter Hutton (three years, $8.25MM), Anton Khudobin (two years, $5MM), and Cam Ward (one year, $3MM) all signed contracts last summer that are well above what a typical backup gets paid and that’s the type of netminder that Holland appears to be coveting.

Unfortunately for him and the Oilers, their cap situation is rather restricted.  They already have a little over $71MM committed to just 15 players for next season.  While the Upper Limit is expected to go up this summer, they still will be in a situation where they can’t afford to spend too much to fill the various holes they have.  That said, bolstering their goaltending is a big need so if there’s any one spot that they need to spend on, it’s this one.

The good news for Edmonton is that there shouldn’t be a ton of demand for free agent goalies this summer and there is a reasonably strong supply.  While a starter like Sergei Bobrovsky is clearly out of the question, players like Petr Mrazek, Curtis McElhinney, Brian Elliott, Mike Smith, and Anders Nilsson all fit in the range of what they’re looking for – a capable veteran that can step in for a little bit as a starter if Koskinen is injured or struggles early on.  They’re all stopgap options but with Shane Starrett showing some promise in his second full professional season, that might be all they really need.

Edmonton Oilers Introduce Ken Holland, Start Search For New Head Coach

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The Edmonton Oilers have officially announced the hiring of Ken Holland as the team’s new general manager and president of hockey operations. CEO Bob Nicholson and owner Daryl Katz introduced the former Detroit Red Wings executive in a press conference today, explaining how thrilled the organization is to bring in a manager with Holland’s resume. The contract has been reported as a five-year deal worth $25MM, and Holland will have full autonomy in running the team.

While Holland is the big news of the day for the Oilers organization, the team also confirmed that Ken Hitchcock will not return as head coach next season. A search has begun to find his replacement, one which Holland will lead. Hitchcock was always expected to be a short-term fix, coming in to try and push the Oilers to the playoffs last season after a poor start under Todd McLellan. They didn’t make it in the end, and Hitchcock will remain with the organization in an advisory role.

Holland now has plenty of work to do. The Oilers have floundered in mediocrity for decades and have now missed the playoffs in consecutive seasons even with one of the league’s best players contributing every night. Connor McDavid has won the Ted Lindsay award twice already and is a finalist again this year after putting up 116 points in 78 games, but has failed to get much support from the rest of the roster. In fact, only two other forwards recorded more than 38 points this season, with players like Milan Lucic (20 points), Jujhar Khaira (18) Tobias Rieder (11), all playing huge chunks of the season without much offensive contribution. That scoring depth will be one of Holland’s first priorities, but it won’t be his only task on the way to a building a contender.

The Oilers also have nearly $23MM committed to a defense corps next season that is underwhelming at best, with Andrej Sekera set to lead the group with a $5.5MM cap hit. Sekera has played a total of 60 games over the past two seasons due to injury, and though he looked better than expected down the stretch he was still playing an average of only 16:29. Oscar Klefbom, Adam Larsson and Kris Russell are all earning at least $4MM for the next two seasons, and totaled 64 points this season in 215 games played.

Goaltending too is a concern, despite the three-year $13.5MM contract extension that the team handed Mikko Koskinen earlier this season. Koskinen had made just 31 NHL starts when he signed the contract, and finished the season with just a .906 save percentage through 55 appearances. While his size and previous experience in the KHL are good indicators that he can play at a better level, Holland will need to find a way to upgrade in net if he really wants to compete for the Stanley Cup.

Snapshots: Laine, Holland, NWHL

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The Winnipeg Jets and Patrik Laine have not had any contract negotiations, according to Andy Strickland of Fox Sports Midwest. The 21-year old sniper is scheduled to become a restricted free agent this summer and is in line for a big raise after his third consecutive 30-goal season to start his career. In fact, Laine has 110 goals over his first three years, but saw his overall point output drop to just 50 this season despite playing in all 82 games.

The Jets have plenty of work to do this offseason with Laine, Kyle Connor and Jacob Trouba all headed for RFA status, and don’t have an eternity to get it done. With more and more reporters believing there is an increased chance of an offer sheet this season, getting deals for Laine and Connor done before July 1st would limit that opportunity for other teams.

  • Ken Holland has been the focus of much speculation over the last few days regarding the Edmonton Oilers general manager job, but now some details are becoming clear. Mark Spector of Sportsnet reports that the Oilers are willing to offer complete autonomy to Holland in the role and are waiting to receive an answer. Mark Hunter, Keith Gretzky and Sean Burke, the most commonly reported final candidates, have not been ruled out as back up plans if Holland turns the Oilers down.
  • The first cracks are showing in the NWHL after more than 200 players announced a boycott of all North American women’s professional leagues. Hailey Salvian and Katie Strang of The Athletic (subscription required) report that the 2019-20 season for the Buffalo Beauts is “up in the air” and that several players have “serious doubts” whether they will be operational. The reporters also indicated that expansion into Montreal and Toronto, two markets that were left vacant when the CWHL closed their doors earlier this year, is no longer likely.

Seattle Willing To Wait For General Manager Candidates

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The Vegas Golden Knights had a valuable asset, and they knew it. When the team promoted Kelly McCrimmon to general manager yesterday, teams around the league had to change course on their own front office searches. The Edmonton Oilers were interested in McCrimmon, but according to Ryan Rishaug of TSN are now looking at either Keith Gretzky or Mark Hunter for the job. Pierre LeBrun of The Athletic adds that the Seattle expansion franchise is “willing to be patient” now that McCrimmon is off the market. The Seattle group “would have gone hard” this summer to hire McCrimmon, but could now wait until next year.

It was always a possibility that the new team wouldn’t have a GM until 2020. The Vegas Golden Knights hired George McPhee to lead their expansion preparation in July 2016, less than a year before they had to make their selections in the expansion draft. The Seattle team won’t be doing that until 2021, meaning there is still plenty of time to get the management group in order.

Still, McCrimmon seemed like a perfect candidate given his success with Vegas in the first draft. The Seattle team will try to emulate the Golden Knights’ success, but may not have quite so many opportunities to pull good young players away now that team’s have experience preparing for a draft of this nature. LeBrun notes that Ken Holland may still be of “serious interest” to the Seattle group, but the Red Wings executive is taking his time to decide what is next.

Of note is the recent report that Dave Tippett has interviewed for the Buffalo Sabres coaching position. The veteran coach was serving in an advisory role for the Seattle organization and some had speculated that he would join their front office in some capacity. It appears as though the coaching bug has bitten Tippett again however, leaving it unclear whether or not he will be part of the organization for much longer.

Speculation Still Surrounding Ken Holland

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The Edmonton Oilers lost a potential GM candidate today when the Vegas Golden Knights promoted Kelly McCrimmon in an effort to keep him with the franchise. It was no secret that the team was hoping McCrimmon would become available, but will have to turn their search in a different direction now. Immediately, the Golden Knights’ announcement made people wonder if former Detroit Red Wings GM Ken Holland would appear at the top of the Edmonton short list once again, or perhaps even be recruited by the expansion Seattle franchise which had also shown interest in McCrimmon.

Holland recently left the Red Wings position in order to bring Steve Yzerman back into the organization, but signed a multi-year extension in order to stay on in a senior position. That means there isn’t any rush for Holland to find another job, and he is apparently going to take some of that time. Pierre LeBrun of The Athletic tweets that Holland is “currently taking stock of what lies ahead for him” but that the jobs in Edmonton and Seattle are still possibilities. For what it’s worth, Ryan Rishaug of TSN believes that the Edmonton situation is essentially a “two horse race” between Keith Gretzky and Mark Hunter.

There is obviously good reason to believe Holland would be open to another front office role with increased responsibility. While he admitted that he allowed Yzerman to come back to Detroit in order to help the franchise, a 62-year old Holland had signed a two-year extension with the Red Wings just over a year ago, expecting to be leading the rebuild. That rebuild has gone quite well, despite the Red Wings’ struggles on the ice the last few seasons. The team has started to shed their long expensive contracts and has a better prospect pool than they have had in years. Detroit will also pick four times in the first two rounds this June, and ten times overall unless Yzerman makes an additional move.

Holland commands quite a bit of respect around the league, and if LeBrun is correct that he will “want to probably resurface at some point” there undoubtedly will be organizations willing to offer him the GM role. We’ll have to wait and see if that time comes this summer or down the road, but nothing seems imminent at this point.

Deadline Primer: Detroit Red Wings

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With the trade deadline fast approaching, we continue our look at the situation for each team over the coming weeks. Where do they stand, what do they need to do, and what assets do they have to fill those needs? As we continue with the Atlantic Division, here is a look at the Detroit Red Wings.

By every metric, the Detroit Red Wings should be total sellers at the deadline and they have a laundry list of notable UFA’s to move. Yet, the team claims they would prefer to re-sign starting goaltender Jimmy Howard, top-six forward Gustav Nyquist, and dependable defenseman Nick Jensen. There is also word that veterans Thomas Vanek and Niklas Kronwall are happy in Detroit and unwilling to waive their No-Trade Clauses. That doesn’t leave much on the table.

In most cases, these rumors could be dismissed as the team simply trying to up the offers on their available rentals. But not in Detroit. The fatal flaw of the current Red Wings franchise and GM Ken Holland is total, unapologetic loyalty to long-time players. If a team says they won’t move someone or will only do so for a first-round pick, this is the one team worth believing. It could be a quiet deadline in Detroit.

Record

23-28-7, seventh in the Atlantic Division

Deadline Status

Moderate Seller

Deadline Cap Space

$5.06MM in full-season cap hit, 0/3 used salary cap retention slots, 48/50 contracts per CapFriendly

Upcoming Draft Picks

2019: DET 1st, DET 2nd, NYI 2nd, DET 3rd, DET 4th, DET 5th, BUF 5th, CLB 5th, DET 6th, DET 7th
2020: DET 1st, DET 2nd, DET 3rd, DET 4th, DET 5th, DET 6th, DET 7th

Trade Chips

Of course, the aforementioned players are the top trade chips that the team has. Howard and Nyquist are having great years and are surely drawing plenty of attention. Will Detroit get the first-round pick they desire to move either? That remains to be seen. Jensen and Kronwall could both step in as a solid bottom-pair addition for a contender, while Vanek would fill his frequent role as a capable depth addition to any forward corps. The fact remains that if any of these players want to stay in Detroit beyond this season, the Red Wings are unlikely to move them, extension in place or not.

So looking elsewhere, Luke Witkowski is a UFA that the Red Wings don’t seem as attached to. The market may be limited for the versatile skater, but if a team wants to take a shot, Detroit will be willing to move on. Recently waived and demoted, Martin Frk is in need of a change of scenery. Frk is a restricted free agent this summer and any number of teams might like to get a look at how he fits in their system down the stretch. The one-dimensional forward is more valuable now that he has cleared waivers and can be sent back and forth. Wade Megan, Dylan McIlrath, Brian Lashoff, and Harri Sateri are all free agents as well who could be targeted as deep depth additions.

The Jonathan Bernier signing looks like a mistake so far and the Red Wings seem eager to re-sign Howard rather than give Bernier the starting job. If another team is willing to take on the remaining two years of Bernier’s contract, Detroit would move him. Luke Glendening is another term player who could be on the move. He is still well-liked by the organization, but if the market is there they could move him. As always, if there was any way to move Justin Abdelkader or Danny DeKeyser, you would think Detroit would pull the trigger. Then again there’s that whole loyalty thing…

Five Players To Watch For: F Gustav Nyquist, D Nick Jensen, F Martin Frk, F Luke Glendening, G Harri Sateri

Team Needs

1) Cap Space: For several years now, the Red Wings have had one of the highest payrolls in the NHL, yet have been one of the league’s worst teams. That’s not a good mix. The flip side of wanting to re-sign top free agents, like Howard and Nyquist, is that you’re not opening up any more cap space. If Detroit wants to be players on the free agent market this summer, they need to try to move out some of their more cumbersome cap hits if possible.

2) Picks and Prospects: The Red Wings have a lot of good talent in the AHL and some others still at the junior and collegiate level. Adding picks, especially 2019 picks in a deep, talented draft class, is always helpful, though. However, there should room for some camp battles next season, particularly up front, so some pro-ready forward prospects would also be helpful.

Snapshots: Zadina, Byfuglien, Kings

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Filip Zadina has had a difficult year. The sixth-overall pick from 2018 has just 11 goals and 23 points with the Grand Rapids Griffins, and was held to just a single assist at the World Juniors, a tournament he dominated last year. Still, that won’t stop the Detroit Red Wings from giving him a taste of the NHL before the end of the season. GM Ken Holland told Ansar Khan of MLive that Zadina will play a few games with the Red Wings before the end of the year, but won’t go over the nine-game threshold that would make his entry-level contract kick in for this season.

Zadina is an extremely skilled player with a deadly accurate shot, and is still just a teenager playing in a professional league with opponents sometimes more than a decade older than him. Struggles maybe were to be expected, but for the Red Wings success he needs to take another step forward next season. Getting him a taste of what it takes to play in the NHL before the summer will give him even more focus this offseason to come to camp ready to compete in September.

  • Dustin Byfuglien has been activated from injured reserve by the Winnipeg Jets after a 15-game absence, and should immediately help them on their push to finish at the top of the Western Conference. The Jets are still in the market to make a move at the trade deadline, but getting Byfuglien back at this point should feel like a big addition for the last part of the season. The big, mobile defenseman usually logs some of the highest ice time totals in the league and is a physical force that demands respect all over the rink.
  • Los Angeles Kings GM Rob Blake had some snark for the analysts at TSN when speaking with Curtis Zupke of the Los Angeles Times, and explained that there’s not definite time frame on when he’s looking to make moves to improve the club. If there are opportunities like the one he took by trading away Jake Muzzin the Kings will jump all over it, but they’re not rushing to sell off the whole team right away. For what it’s worth, our readership at PHR believes that Tyler Toffoli will be the next player sent packing by the Kings.

“A Lot Of Doubt” Still Surrounds Henrik Zetterberg’s Future

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Reports have surfaced every few weeks this summer that Detroit Red Wings captain Henrik Zetterberg may not play in the 2018-19 season due to a lingering back injury, and last week GM Ken Holland muddied the water even further. Holland called Zetterberg an “unknown” when speaking to reporters, and indicated he would know more in September. That timeline is what head coach Jeff Blashill repeated to Ted Kulfan of the Detroit News, but seemed even less confident in Zetterberg’s ability to play this season:

He’s had a hard summer and I don’t think his back is reacting great. Certainly we’ll know more in a month, but as of today, there’s a lot of doubt as to whether his back will be healthy enough to play.

If Zetterberg does sit out the year, the Red Wings could put his $6.08MM cap hit on long-term injured reserve to create some more cap flexibility. The actual salary of his deal drops to just $3.35MM this season, and the contract will pay him just $1MM in each of the next two years. That seems like quite the coincidence given that Zetterberg hasn’t missed a regular season game in three straight seasons, but Blashill was quick to point out that his captain was also forced to stop practicing entirely for the last two months of the 2017-18 season.

From 1990-91 to 2015-16 the Red Wings never missed the postseason, and Zetterberg played a crucial role in many of those seasons. He, Pavel Datsyuk and Nicklas Lidstrom formed the core of a powerhouse team for years, until the latter’s retirement in 2012. Now having missed the postseason in back to back years, the Red Wings will try to form a new young core of players like Dylan Larkin, Filip Zadina and Anthony Mantha to get them back to the promised land and compete for the Stanley Cup once again. It never seemed like Zetterberg could be a real part of that, even without a career-threatening injury popping up. The 37-year old has seen his offensive numbers decline in recent years, to the point of just scoring 11 goals last season. That was the lowest full-season total of his career, and one that the team should be able to replace.

They won’t as easily replace his leadership though, which will put even more pressure on Larkin to develop into a true first-line center. Without that the Red Wings could be in for a tough season, given their cap problems and lack of real elite talent throughout the lineup.

If it is the end for Zetterberg, he would be leaving the game with 960 career points in 1,082 regular season games. The veteran forward has been in Selke contention for nearly his entire career as one of the better defensive forwards in the league, and took home a Conn Smythe trophy during the Red Wings 2008 Stanley Cup run. Undoubtedly one of the most well-respected and beloved Red Wings players in history, this would be a tough way to see his career come to an end.

Over The Cap: Detroit Red Wings

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Although the St. Louis Blues are dangerously close to the salary cap ceiling and the defending Stanley Cup champs of the past three years, the Washington Capitals and Pittsburgh Penguins, are within an uncomfortable distance, the Detroit Red Wings are the only team who have surpassed the NHL’s $79.5MM limit at this point in time. When the team re-signed franchise center Dylan Larkin to a five-year, $30.5MM contract last week, his $6.1MM  salary boosted Detroit’s payroll for the coming season to $82.772MM for just 21 players. The Red Wings currently sit more than $3.2MM over the salary cap with a roster that contains just six defenseman. While the NHL CBA allows teams to surpass the cap by 10% in the off-season – up to $87.45MM – the Red Wings must clear enough space to begin the season under the cap.

Once the season is underway, the salary cap is unlikely to be much of an issue. Johan Franzen, who last played in October of 2015, has been sidelined with post-concussion symptoms for the past three seasons and is almost surely not going to return to the Detroit lineup. His $3.955MM contract on the long-term injured reserve will wipe out all of the Red Wings’ cap overages. Additionally, it remains a very real possibility that captain Henrik Zetterberg may also be on the shelf this year and possibly done with his hockey career altogether, with a nagging back injury reportedly making his availability over the final two years of his contract an “unknown”.  If Zetterberg doesn’t play, his $6MM cap hit added to Franzen’s on LTIR would give the Wings more than enough space.

However, injured reserve transactions cannot be made until after the official start of the NHL season. This has previously caused teams to trade away players unlikely to ever play again due to health, with the Chicago Blackhawks’ Marian Hossa as the latest example, even though their cap hits can be absorbed. A team tight against the cap, like Detroit, may struggle to manipulate their roster enough to fit those injured players under the cap on day one. As such, the easiest way that the team could get under the cap prior to the start of the season would be to find a taker for Franzen’s contract. The Wings would have to part with a pick or prospect, but may be able to unload the deal to a team far from the cap ceiling. If Detroit is certain that Zetterberg is also done, they could do the same with his contract, although a higher cap hit means parting with greater trade capital.

Barring an injured player salary dump, the Red Wings are likely left with the reality that they must trade a roster player in the next two months. The team may be able to sneak players like Martin Frk and Luke Witkowski through waivers before the season begins, but it would not result in enough savings to make a difference. Detroit would be unlikely to expose anyone else to waivers simply to clear space briefly. As such, it appears as if someone must go. While Red Wings fans and leadership alike might like the idea of shipping an aging defenseman like Niklas Kronwall or Jonathan Ericsson away or trying to sweet talk some team into taking on the behemoth contract of Frans Nielsen or Justin Abdelkader, it would be a surprise to see any team with interest in that foursome. The likes of Danny DeKeyser and Trevor Daley may also be immovable for a team rife with poor contracts. Instead, impending free agent Gustav Nyquist or two-way center Darren Helm are the most likely candidates, while a player like Luke Glendening heading elsewhere paired with some clever waiver action could do the trick. There is also a chance that, if he proves to be healthy, some team might be interested in Zetterberg.

It’s never a great situation for a team to be forced into trading away assets simply to become cap compliant for one day, but trading away an older player would nevertheless be a step in the right direction for a team that has never truly embraced a rebuild. Opening up salary with a trade, as well as an LTIR placement for Franzen, would allow the Red Wings some flexibility to test out some young players this season while building around their established young core, headlined by Larkin. The salary cap crunch could prove to be their ally long-term, but in the short-term the team is left with little option but to make a move and hope for the best.

Dylan Larkin, Detroit Red Wings Inching Closer To Contract

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Among the names left on the restricted free agent list, Dylan Larkin stands out as a potential franchise linchpin. Though William Nylander and Sam Reinhart are important forwards, and Noah Hanifin, Darnell Nurse, Shea Theodore and Josh Morrissey are all talented defensmen, it’s Larkin that could be the face of the Detroit Red Wings for quite some time and probably the most important contract to still be worked out. Larkin recently said that he believed something would be done before training camp, and yesterday reiterated that fact to Sportsnet’s Luke Fox.

Something’s coming. I’ve told everyone I think it’ll be before training camp. It’s right there. I’m just waiting to iron out the details.

There have been reports that the Red Wings have been working towards a five or six year contract, but Larkin indicated that there are “different offers out there” that could also include a shorter bridge deal. That depends on how much room GM Ken Holland and the Detroit front office can clear up this summer, given that the Red Wings only have $2.83MM in cap space. Larkin would take up more than that even on a bridge deal, meaning there is plenty more work to be done for the club over the next few weeks.

Teams can go over the cap in the offseason (up to 10% or $7.95MM), and the Red Wings still have Johan Franzen’s cap hit that can be placed on long-term injured reserve for additional cap flexibility. But if Larkin does end up signing a long-term deal, it would take up a considerable amount of space given that he has just four years of restricted free agency remaining.

Even with the crunch that is occurring right now for Detroit, the may rather get Larkin under contract for some of his unrestricted free agent years given that their cap situation starts clearing up as soon as 2019-20. With nearly $18MM scheduled to come off the books in the form of Gustav Nyquist, Jimmy Howard, Thomas Vanek and Niklas Kronwall, the team can certainly afford to give the next wave of talent substantial raises. As a team the Red Wings are getting closer to financial freedom and a real chance at a rebuild, and Larkin’s next deal will set the precedent for all the players that come after him. It might still take a little while to work through, but at this point both sides seem confident something will get done.

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