Oilers Sign Matt Benning
The Edmonton Oilers have signed college free agent defenseman Matt Benning to a two year, entry-level contract, according to a team release. Financial terms of the deal were not disclosed.
Benning was originally a sixth round pick of the Boston Bruins back in 2012 (175th overall) but opted not to sign with the team and became eligible for free agency on August 16th. The Bruins weren’t interested in signing him for 2016-17 and would have preferred he stayed to play his senior year in college, reports Mark Divver of the Providence Journal.
The 22 year old blueliner spent the last three seasons with Northeastern of the NCAA. Last season, he played in 41 games, picking up six goals and 13 assists to go along with 37 penalty minutes. In three college campaigns, he collected nine goals, 47 assists, and 101 PIMS in 110 games.
Benning is the nephew of Vancouver GM Jim Benning (who was Boston’s Assistant GM when he was drafted) and it was speculated that the Canucks were also interested in acquiring him. Oilers radio analyst Bob Stauffer adds that Chicago had made an offer while Benning had also visited with Los Angeles earlier this week.
It’s likely that Benning will battle for a roster spot with Edmonton’s AHL affiliate in Bakersfield this season.
[Related: Oilers Depth Chart]
Pacific Notes: Calgary Injury Updates, Edmonton Prospect Targets
Flames defenseman Jyrki Jokipakka is on pace in his recovery from offseason hip surgery to be able to suit up for Team Finland at the upcoming World Cup of Hockey, writes Aaron Vickers from the Flames’ official site. Calgary GM Brad Treliving had the following to say about how his treatment is going:
“Based on today and based on the medical opinion, I would say it’s promising to likely that he be ready for that. Everything is looking good. He’s been back here for a little bit of time now and our staff has had a chance to check him out. Everything looks good. He’s been training. He’s been skating. I think there are a couple final checks to do, but everything is looking positive.”
Jokipakka was acquired at the trade deadline from Dallas along with prospect Brett Pollock and a 2016 2nd round pick (Dillon Dube) in exchange for Kris Russell, who happens to be the most prominent remaining unrestricted free agent on the open market. He got into 18 games with the Flames last year, recording six assists while seeing his average ice time increase by over three minutes compared to his playing time with the Stars. He’s likely to play in a third pairing role for Calgary this season.
[Related: Calgary’s Depth Chart]
More from the Pacific:
- In a separate piece from Vickers, center Daniel Pribyl, an offseason signing by the Flames, may not be fully healthy when training camp gets underway. The 23 year old underwent ACL surgery back in May. Pribyl, originally a sixth round draft pick of Montreal back in 2012 (168th overall but went unsigned), averaged a point per game (16 goals and 29 assists in 45 contests) with Sparta Praha of the Czech Extraliga last season which got him back on the NHL radar.
- The Oilers are interested in signing college free agent defenseman Matt Benning, reports Jim Matheson of the Edmonton Journal. Benning was a sixth round pick (175th overall) of the Bruins in 2012 but went unsigned prior to the August 15th deadline. Benning is the nephew of Vancouver GM Jim Benning (who was Boston’s Assistant GM when he was drafted) which has yielded speculation that the Canucks may be interested in the services of the 22 year old as well. (Update: Edmonton has indeed signed Benning to a two year deal.)
- Also from Matheson, he noted that the Oilers inquired about the availability of Blackhawks prospect Mark McNeill back at the draft in June. McNeill made his NHL debut last season but has spent the bulk of his professional career at the minor league level. The 23 year old former first rounder (18th overall in 2011) has to clear waivers if he doesn’t crack Chicago’s roster in training camp so it’s certainly possible that talks could rekindle closer towards the beginning of the season in mid-October.
Snapshots: Fehr, NHLPA, Vegas, Lucic, Pietrangelo
The head of the NHLPA, Donald Fehr, recently sat down with the Canadian media to discuss the upcoming World Cup of Hockey while also touching on other subjects of note. An edited and condensed version of the interview was posted by Jonas Siegel on The Globe And Mail. As usual, the entire piece is worth a read but here are some of the highlights.
When asked whether or not the union was on board with the timing of the tournament, Fehr said, “it’s not that pre-season is the best time, but it probably is, at the moment, better than the others.”
He would go on to state: “There has been some informal discussions, for purposes of this World Cup that never rose to the level of serious consideration, that maybe we ought to do it in February. And it’s conceivable that that would be considered going forward.”
There is no perfect time to hold an event like this. Any way you look at it, a tournament held at any point in the year is going to prolong the season and shorten the summer for the players. While teams would probably prefer their players not to participate due in large part to the risk of injury, both owners and union members have a vested interest in successfully pulling off events of this nature since the added revenue will be divided by the players and the league.
Fehr also addressed the idea of European expansion from the players’ perspective. He indicated at least a few players have taken note of the KHL’s presence on the continent and the fact that so many players are European born. While making it clear these conversations were of the internal variety and did not involve the NHL in any way, Fehr did seem to suggest the players would be open to the idea and it was something that would merit further study.
Finally, on the subject of the potential of another lockout, Fehr pointed out that baseball has been the only sport to experience prolonged labor peace over the last two decades. He also mentions, probably not coincidentally, that baseball is the only major sports league without a salary cap.
In terms of possibly avoiding another work stoppage following the 2018-19 campaign when both parties will have the option of opting out of the current CBA, Fehr referenced just how far off that point in time is relative to the average player’s career by saying: “our membership will turn over more than 50 per cent between now and then.”
More from around the NHL:
- The Las Vegas expansion franchise today announced yet another addition to their front office/operations staff. The club has hired Mike Levine for a scouting/player development position. Levine spent the last three years as an assistant coach at Brown University. According to the release on the Vegas Is Hockey website, Levine comes with a solid reputation as a recruiter both at the collegiate and prep levels.
- Not surprisingly, Milan Lucic said as many as 10 teams expressed serious interest in signing the big winger before he inked a seven-year contract with Edmonton, according to Chris Nichols writing for Today’s Slap Shot. Lucic was one of the top players available on July 1st and was guaranteed to generate a lot of interest on the free agent market. It’s not certain how many of Lucic’s suitors were willing to extend themselves as far as the Oilers did, either financially or with a seven-year term, but his status as a coveted free agent was never in doubt. He would ultimately choose Edmonton, saying, “I went with my heart and my loyalty to Peter and chose the Edmonton Oilers.”
- Sportsnet’s John Shannon tweeted earlier today that the St. Louis Blues will announce Alex Pietrangelo as the team’s new captain tomorrow. He will replace David Backes, who left St. Louis in free agency after accepting a five-year deal with the Boston Bruins. The choice of Pietrangelo makes a lot of sense given he is one of the team’s best players, has been with the organization his entire pro career and is under long-term contract ensuring he will be a Blue for the foreseeable future.
Quotable: Hall, McDavid, Karlsson
Various NHL players are in Toronto for the BioSteel Camp going on from August 22nd-25th, including Taylor Hall, Tyler Seguin and Connor McDavid. TSN caught up with a variety of players talking about different topics.
Hall on joining New Jersey:
I’m excited for a new opportunity, a new start, a new group of guys and a new city. I enjoyed my time in Edmonton, but I’m trying just to look forward at the situation in New Jersey. It’s going to be a lot different, I’m looking forward to maybe having a little more anonymity.
On the possibility of playing with former junior teammate Adam Henrique:
I get asked that all the time, and you know lines switch all the time in a season. There are going to be a few guys I play with most of the time. Adam is certainly a great player and we had a lot of success in junior so that’d be a lot of fun to play with him. In that top-six in Jersey there are a lot of guys that have skill and look like they’d be great linemates to play with.
Potential 2016-17 Impact Rookies: Zacha, Barzal, Pulock, Provorov
Last week Pro Hockey Rumors began profiling first year players who have both a solid chance of making their respective teams and of also impacting their club’s on-ice fortunes this season. We started with four Metro rookies and today we finish up with four more from the same division.
Pavel Zacha (New Jersey) – Zacha, a skilled 6-foot-3, 210-pound pivot, was the Devils first-round choice in the 2015 entry draft, selected sixth overall from the Sarnia Sting of the OHL. In his draft year, Zacha tallied 34 points in 37 games for the Sting and followed that solid performance with a stronger 2015-16 campaign, scoring 28 goals and 64 points in just 51 contests. His terrific play led to the Devils electing to suit him up for the team’s season finale where Zacha recorded two assists in nearly 17 minutes of ice time.
Zacha also appeared for the Devils AHL affiliate in Albany, netting three points (one goal, two assists) in three regular season games and another three points in five postseason contests. Ultimately, Zacha would find himself sidelined due to a hip pointer which knocked him out of the postseason and also prevented him from participating in the team’s summer development camp.
Even after acquiring LW Taylor Hall this summer, the Devils could certainly use additional offensive firepower up front and Zacha’s potential could earn him a spot in training camp. He’s already listed as the the third LW on the team’s depth chart over at Roster Resource, suggesting there isn’t a lot of experienced NHL talent he’ll have to beat out for a spot. Given his level of skill and the opportunity he should be presented with in New Jersey, there’s a reasonable chance Zacha could quickly become one of the Devils top offensive performers.
Matthew Barzal (New York Islanders) – It’s not often a player selected in the middle of the first round make their NHL debuts little more than a year after the draft. But the Islanders need for a scoring line pivot following the loss of Frans Nielsen to Detroit in free agency and Barzal’s skill could lead to a scenario where the 19-year-old center makes the club out of camp.
Barzal made a great impression in camp last year and was one of the team’s final roster cuts. He returned to his junior team, the Seattle Thunderbirds of the WHL, and got off to a blazing start with seven goals and 40 points in just 22 games. He finished with 88 points in 58 contests with Seattle.
The Islanders made what looks to be in hindsight a brilliant trade to acquire the draft choice used to select Barzal by sending defense prospect Griffin Reinhart to Edmonton for #16 overall along with a 2015 second-round pick. Reinhart had trouble cracking the Oilers lineup despite the dearth of competent defensemen in Edmonton. Meanwhile, Barzal is one of the game’s top prospects and could flourish with the Islanders as soon as this season.
Ryan Pulock (New York Islanders) – Drafted 15th overall by the Islanders in the 2013 entry draft, Pulock is a strong defenseman already with NHL size and a good, hard shot. He made his NHL debut in 2015-16 scoring two goals and 4 points in 15 regular season games. Pulock would also appear in six postseason contests tallying another three points.
Pulock also has extensive pro experience playing for the Islanders AHL affiliate in Bridgeport. In 108 games with the Sound Tigers, Pulock has netted an impressive 24 goals and 30 assists.
The Islanders do boast a solid contingent of top-four blue liners with Nick Leddy, Johnny Boychuck, Calvin de Haan and Travis Hamonic expected to see the lion’s share of defensive work. But there would appear to be an opening on the third pair opposite Thomas Hickey and Pulock should be a near lock to earn that spot. It’s possible playing a sheltered role while receiving some second unit power play time, where his big shot would be quite useful, that Pulock could prove to be a valuable asset on the club’s blue line.
Ivan Provorov (Philadelphia) – In an ideal world the Flyers would likely prefer Provorov to return to Brandon of the WHL for more seasoning. Philadelphia GM Ron Hextall wants young players to be ready for the rigors of the NHL and they simply need to be better than what the team already has on the roster. However, the Flyers currently list both Andrew MacDonald and Mark Streit among their top six defenders leaving open the possibility that a great camp could propel Provorov to a spot with the Flyers.
MacDonald was demoted to the minors to start the 2015-16 campaign despite the minimal cap savings the move created. He was only recalled in February when injuries to several regulars crippled the Flyers blue line depth. Assuming his standing in the eyes of the organization is much the same as it was a year ago, MacDonald shouldn’t prove to be much of an impediment toward Provorov’s chances of sticking with the Flyers.
Streit has had a wonderful career in the NHL but turns 39 in December and is in the final year of his contract with Philadelphia. It wouldn’t be much of a surprise if at some point this season the club moved on from Streit to open up a spot on the blue line for a younger player like Provorov.
The Flyers do boast a lot of prospect depth among their defense corps and it’s possible the team would rather give one of Samuel Morin, Mark Alt, Travis Sanheim or Robert Hagg – all of whom already have professional experience – the first crack to make the team out of camp. However, Provorov has the most upside of the team’s defensive prospects and could force his way into the lineup with a solid preseason performance. While he likely wouldn’t have the same impact as last year’s breakout rookie, Shayne Gostisbehere, Provorov has plenty of talent himself and could provide a boost to the team’s blue line.
Snapshots: Islanders, Benning
Despite their starting goalie’s concerns on the situation, the New York Islanders look to be once again carrying three goaltenders to start this season. Last July, the Islanders signed Thomas Greiss to a two-year contact to back-up Jaroslav Halak. They followed that up by claiming promising young netminder J-F Berube off waivers from the Los Angeles Kings in early October. Because a player claimed on waivers must stay in the NHL or be put through waivers again, the Islanders kept him up. Berube played just seven games in 2015-16. Halak was hurt for extended time and only played 36 games. Backup-in-name-only Greiss made 41 appearances and lead the team through the playoffs, including their first round series win against Florida.
This summer, the Islanders extended Berube for another season. In an interview with NHL.com’s Brian Compton, head coach Jack Capuano said “whether you have eight defensemen or three goalies or 15 forwards … they’re all good players back there, all three of them can help us. We’ll see how it pans out… they’re all quality goaltenders.”
Related: Islanders’ depth chart
Here are some other snapshots from around the NHL:
- Staying with the Islanders, Compton lists finding Frans Nielsen‘s replacement as one of big questions surrounding the team in training camp. There’s a handful of in-house options, including Ryan Strome. The fifth overall pick in 2011 had a successful rookie campaign in 2014-15, posting 50 points, before taking a major step backward last season with 28 points and an eight game stint in the AHL. Capuano said Strome will get a shot in the middle and that he’ll be looking “for big things from Ryan”. Strome is currently a restricted free agent.
- Despite the biggest name college free agents being signed already, there remains at least one more player who’s attracting some attention from around the NHL, according to Bob Stauffer from the Oilers Radio Network. Matthew Benning was the Bruins’ sixth round pick in 2012. He was playing in the Alberta Junior Hockey League (AJHL) at the time, then went on to play one year in the USHL and then three seasons with Northeastern University. The 22-year-old right-handed defenseman posted 56 points in 110 games with Northeaster. Stauffer believes the Oilers, Kings, and Canucks all make sense as destinations for Benning: all three teams are looking to add right-handed defensemen, he’s an Edmonton-native who was drafted by current Oilers GM Peter Chiarelli, and his uncle is Canucks’ GM Jim Benning.
Snapshots: Roy, Vesey, Oilers
When Patrick Roy suddenly resigned as head coach of the Colorado Avalanche last week the hockey world, along with GM Joe Sakic, was stunned to say the least. While Sakic said all the right things, and refused to throw his former teammate under the bus, Terry Frei from the Denver Post writes that it was how their relationship had developed that caused Roy to exit so abruptly.
In the piece, Frei writes that though Roy had a big impact on personnel and development decisions in his first three years, as someone holding a vice-president of hockey operations should, he’d been slowly edged out as Sakic gained more confidence and experience on the job. To quote Frei: “Did he quit on the Avs? Sure, he did. As coach. Because he thought he had been fired as a VP.”
The Avalanche are still looking for someone to fill the head coaching role, and as Frei reports, Sakic has indicated that none of the current assistant coaches are being considered. We profiled five candidates here who may find their phones ringing at some point, though many are already under contract with another team, if in a lesser role.
- The Jimmy Vesey sweepstakes continued today, with the final team meetings taking place. Multiple reports have current players attending the meetings in order to sway his decision, with John Tavares being one of the biggest names confirmed (via James Mirtle). Though the Islanders may still be seen as outsiders, a promised role next to Tavares is definitely something any player would have to consider, and with P.A. Parenteau currently penciled in, it wouldn’t take much to offer it. Other teams are obviously offering similar things, with Jonathan Toews (link) and Auston Matthews (link) both in Boston to meet the Harvard grad.
- In his latest column, David Staples of the Edmonton Journal posits that the Oilers will never be successful while they keep trotting out a few weak-links, despite the obvious top-end talent on the roster. In analyzing the roster, Staples references Chris Anderson and David Salley’s book “The Numbers Game: Why Everything You Know About Soccer Is Wrong“, and applies their “O-ring player” idea to some recent Oilers like Anton Lander, Mark Fayne and Mark Letestu. While a team can’t have NHL stars in every roster spot, it’s these weak-links that are holding the team back from ever capitalizing on their young stars’ success.
Off-Season To Date: Pacific Division
The NHL has entered its seasonal lull where teams are done signing free agents and will wait until training camp to make major roster moves. We have already documented the off-season moves of the Atlantic Division, Metropolitan Division, and Central Division teams. Now we take a quick look at the Pacific Division.
Anaheim Ducks
Key Additions: Jared Boll, Antoine Vermette, Jonathan Bernier, Mason Raymond
Key Departures: Jamie McGinn, David Perron, Brandon Pirri, Frederik Andersen, Mike Santorelli, Chris Stewart, Anton Khudobin
Unsigned RFAs: Rickard Rakell, Hampus Lindholm
Cap Space: $6,657,500
Projected Roster Size: 21
Notes: The Ducks traded Frederik Andersen away and are going with John Gibson as their number one starter. They have yet to sign Lindholm but have ample cap space to do so. The team experienced some decent turnover from last season, including firing Coach Bruce Boudreau and hiring former Ducks and Leafs coach Randy Carlyle.
Arizona Coyotes
Key Additions: Jamie McGinn, Ryan White, Alex Goligoski, Luke Schenn, Anthony DeAngelo
Key Departures: Antoine Vermette, Alex Tanguay, Boyd Gordon, Sergei Plotnikov, Anders Lindback, Joe Vitale
Unsigned RFAs: Tobias Rieder
Cap Space: $8,847,875
Projected Roster Size: 22
Notes: The Coyotes picked up a trio of forwards to surround their young prospects, and signed Goligoski to beef up their defense. Arizona also took on Pavel Datysuk‘s contract to move up in the first round of the NHL Draft. All that remains is to sign RFA Tobias Rieder, but recent reports says that both camps are far apart. New GM John Chayka is an analytics proponent, so his moves will garner extra scrutiny as the season progresses. Finally, at time of writing Vrbata is close to signing a one-year deal with Arizona, but nothing has been finalized yet.
Calgary Flames
Key Additions: Troy Brouwer, Alex Chiasson, Linden Vey, Brian Elliott, Chad Johnson
Key Departures: Karri Ramo, Joni Ortio, Jonas Hiller, Niklas Backstrom, Kevin Poulin, Joe Colborne, Josh Jooris, Mason Raymond
Unsigned RFAs: Johnny Gaudreau, Sean Monahan
Cap Space: $14,969,600
Projected Roster Size: 20
Notes: The Flames’ offseason is noteworthy for two reasons. One, they completely switched out their goaltending, bringing in St. Louis starter Brian Elliot and Buffalo semi-starter Chad Johnson, and letting Ramo, Ortio, Hiller, and Backstrom walk. Elliot represents a significant upgrade over last year’s goaltending-by-committee. The second noteworthy event—or non-event—is that Johnny Gaudreau and Sean Monahan are still unsigned. The top two Flames scorers last year are playing on Team North America in the World Cup of Hockey, and impressive performances could raise the RFAs’ asking prices.
Edmonton Oilers
Key Additions: Milan Lucic, Adam Larsson, Jonas Gustavsson
Key Departures: Taylor Hall, Rob Klinkhammer, Adam Cracknell, Lauri Korpikoski
Unsigned RFAs: None
Cap Space: $9,238,833
Projected Roster Size: 23
Notes: The Oilers made two big splashes this offseason. First, they traded away Taylor Hall to New Jersey for defenseman Adam Larsson. Hall was one of the Oilers’ best players since he was drafted, but the Oilers desperately needed a top-notch defenseman. Whether Larsson is or becomes that defenseman, however, is up in the air. They then signed top free agent Milan Lucic to a seven-year deal worth $6MM a year. Lucic will add both grit and offense to a team mired in a perpetual rebuild.
Los Angeles Kings
Key Additions: Teddy Purcell, Tom Gilbert, Jeff Zatkoff, Jack Campbell
Key Departures: Milan Lucic, Kris Versteeg, Luke Schenn, Jhonas Enroth
Unsigned RFAs: None
Cap Space: $1,154,773
Projected Roster Size: 25
Notes: The Kings stayed relatively pat this offseason, swapping backup goaltenders and letting Milan Lucic walk. The team was constrained by their cap, which at just over $1M gave them little wiggle room. The team is banking on their core to step up and improve over last season’s first-round exit.
San Jose Sharks
Key Additions: Mikkel Boedker, David Schlemko
Key Departures: Nick Spaling, Dainius Zubrus, Roman Polak, James Reimer
Unsigned RFAs: None
Cap Space: $995,832
Projected Roster Size: 22
Notes: After the Sharks finally made the Stanley Cup Finals, their offseason was uneventful. They took a flyer on Boedker, and will most likely find a backup goalie within the organization. The Sharks are tight against the cap this season, but face an onslaught of UFAs and the end of the year. Joe Thornton, Patrick Marleau, and Brett Burns are all UFAs next summer, and the Sharks need to evaluate who they want to keep.
Vancouver Canucks
Key Additions: Loui Eriksson, Erik Gudbranson
Key Departures: Radim Vrbata, Linden Vey, Chris Higgins, Brandon Prust, Dan Hamhuis, Matt Bartkowski, Yannick Weber
Unsigned RFAs: None
Cap Space: $2,771,250
Projected Roster Size: 24
Notes: The Canucks had an odd offseason, signing Eriksson and trading for Gudbranson. More trades were expected—but of a rebuilding variety. The Canucks have one more year of Ryan Miller and two more years of the Sedins, so its possible that they want to try to rebuild on the fly while they still have elite talent. Their defense took a hit by losing Hamhuis, and while Gudbranson was a highly touted prospect, he hasn’t evolved into the player scouts predicted.
Retained Salary in 2016-17: Pacific Division
As a new season fast approaches, it’s always nice to look back and reminisce on years and players gone by. Unfortunately for most NHL teams, those feelings of nostalgia are usually cut short by the realization that some of those past players are still on the team’s payroll. Retained salary is a fact of life in the National Hockey League, as buyouts have become commonplace and retaining a portion of an outgoing player’s cap hit is often a deal-breaker in many trades. Retained salary can last long past the playing days of a former player (see Mike Richards) or can simply be for just one year. One way or another nearly every NHL team has at least one guy who’s still being paid without having to perform. Below is a list of all the retained salary in the Pacific Division in 2016-17:
Anaheim Ducks
- Patrick Maroon ($500K cap hit in 2016-17 and 2017-18): Maroon was surprisingly dealt out of Anaheim last season to the Edmonton Oilers in exchange for defensive prospect Martin Gernat and a fourth-round pick in the NHL Draft this past June (Jack Kopacka). The Ducks held on to 25% of Maroon’s three-year, $6MM contract that he had signed with the team prior to last season.
- Mark Fistric ($217K cap hit in 2016-17, $450K in 2017-18 and 2018-19): Fistric was bought out by Anaheim following an injury-plagued 2014-15 campaign, the first year of a new extension. He had two years and over $2.5MM left on his contract at the time. Fistric has not signed with another NHL team since leaving the Ducks.
Arizona Coyotes
- Mike Ribeiro ($1.94MM cap hit from 2016-17 to 2019-20): Ribeiro will be cashing in on NHL contracts for many years to come, as a buyout in Phoenix has not stopped him from continuing to play and getting good money to do so. The (then) Phoenix Coyotes signed Ribeiro to a four-year, $22MM contract in the summer of 2013, but after a 47-point season in 2013-14, the team decided to cut ties with him. The decision cost the Coyotes a capable player and has and will continue to cost them in dollars. Ribeiro’s buyout was for six years and nearly $12MM dollars, and Arizona is still facing down four more years. Meanwhile, Ribeiro signed a one-year, $1MM deal with the Nashville Predators in 2014-15 and put up 62 points. He was rewarded last summer with a two year, $7MM deal, which means between his active contract and his bought out contract, Ribeiro will actually make close to $5.5MM in 2016-17, what he would have made in Arizona.
- Antoine Vermette ($1.25MM cap hit in 2016-17 and 2017-18): A more recent development, Vermette was bought out by the Coyotes during their second buyout window last week. Vermette had only one season left with a cap hit of $3.75MM, after returning to the desert on a two-year deal after Arizona traded him to the Chicago Blackhawks before their 2015 Stanley Cup run. Vermette’s numbers did not tail off last season; in fact he has been very consistent over the course of his entire 11-year career. The buyout was viewed by many as Arizona simply deciding to pay to open up depth next season for their young players and prospects. Vermette remains unsigned as of now.
Calgary Flames
- Mason Raymond ($1.05MM cap hit in 2016-17 and 2017-18): After a one-year, $1MM trial run with the Toronto Maple Leafs in 2013-14 ended in 45 points, the Flames decided to take a chance on Raymond, giving him a three-year, $9.45MM deal. After under-performing in year one, Raymond was only able to play in 29 games last season, contributing a mere five points. Calgary was swift to buy out the remaining year of his contract, which would have paid him $3.15MM in 2016-17. The $1.05MM cap hit for the Flames this year and next year is bearable for a team with cap space and a plethora of young talent, and Raymond has found a new home with division rival Anaheim and will make $675K on top of his buyout payment. It was a retained salary move that worked out for both sides.
Edmonton Oilers
- Lauri Korpikoski ($500K cap hit in 2016-17, $1MM in 2017-18): Another buyout victim this summer, Korpikoski simply did not perform to the level expected of him by the Oilers after they traded Boyd Gordon to the Coyotes to get him. Stemming from a strong career to that point in Arizona, the Coyotes gave the two-way specialist a four-year, $10MM extension in the summer of 2013. However, after back-to-back years of steep decline in his scoring numbers, Arizona felt comfortable shipping Korpikoski off to the division rival Oilers. New GM Peter Chiarelli hoped that, at the very least, Korpikoski would bring some defensive stability to a young and offensive-minded forward core. When that didn’t happen, Edmonton decided he didn’t need to stick around for the final year of his contract at a cost of $2.5MM.
Los Angeles Kings
- Mike Richards ($1.32MM cap hit from 2016-17 to 2019-20 AND $10.5MM cap hit over time until 2030-31): One of the most interesting cases of retained salary, Richards counts against the Kings’ cap for two reasons, neither of which is a buyout or a trade. Richards signed a (now illegal) 12-year, $69MM contract with the Philadelphia Flyers during the 2007 season, and prior to the last NHL Collective Bargaining Agreement. The league recognized that deals like Richards’, which were excessively long and included wide margins of salary over the course of the contract, were meant to circumvent the salary cap. By front-loading a contract with high salary seasons, and then adding years at the end of low salary, a team could effectively keep a player’s cap hit low without exposing themselves to much risk should the player retire or need to be bought out later on in his post-prime career. Richards’ cap hit on this contract was only $5.75MM, but there were six seasons where his actual salary was greater, including a 2012-13 salary of $8.4MM. So, when Richards got in legal trouble in 2015, the Kings (who acquired Richards from the Flyers in a blockbuster deal in June 2011) saw an opportunity to terminate Richards’ contract, which had become a major burden to the team for a player that was performing so poorly that he had been demoted to the AHL. Because Richards’ contract was cut short and had been constructed in an illegal way, the Kings faced “recapture penalties”, which offset the benefits of previous cap benefits from long, front-loaded contracts. Thus, the Kings face a cap hit of $1.32MM every year until what would have been the natural end of Richards’ contract in 2020. On top of that, the termination of the contract was fought by the NHL Players Association, and the grievance led to a settlement between the Kings and Richards which pays him $10.5MM of the $22MM that was left on his contract. The payments were to be made over the course of 16 years, with a maximum payment of $900K per year and minimum of $400K. All of these payments additionally count against the Kings’ cap. In the world of retained salary, Mike Richards is quite the story, and Los Angeles will be telling it for another decade and a half.
San Jose Sharks
- Adam Burish ($617K cap hit in 2016-17): Never much more than an energy line player, the Sharks gave Burish a four-year, $7.4MM contract when free agency opened on July 1st, 2012. Burish was coming off of a career-high 19 points to go with a strong two-way presence and elite toughness. However, he would only score six points in the next three seasons combined for San Jose, as injury struggles and mostly poor play derailed his career. The Sharks bought out the final year of his contract to avoid a $1.85MM cap hit for an AHL-caliber player and will finish paying off the buyout this season.
Vancouver Canucks
- Roberto Luongo ($800K cap hit from 2016-17 to 2020-21): Like Richards, Luongo too signed a massive deal before the league banned them. In 2010, the Canucks gave their ace goalie a 12-year, $64MM extension, despite the fact he was 31-years-old at the time. The deal paid Luongo $10MM in salary during the first year, followed by seven years of $6.7MM salaries, and then a steep drop off to $3.4MM, $1.6MM, and two final years at $1MM. Perhaps afraid of facing the full blow of potential recapture penalties (the rule for which is often nicknamed the “Luongo Rule”) for a contract that blatantly circumvents the salary cap with its 5.3MM cap hit, the Canucks traded the remaining eight years of Luongo’s contract to the Florida Panters before the Trade Deadline in 2014 in effort to share some of the risk should Luongo retire before the age of 43. However, to make the risky aquistion worth it, the Panthers had Vancouver hold on to $6.4MM of the contract, for an annual cap hit of $800K.
- Chris Higgins ($833K cap hit in 2016-17 and 2017-18): Higgins is another recent buyout, getting cut by the Canucks this off-season with one year remaining on a four-year, $10MM extension he signed in 2013. Higgins played in only 33 games last season, recording just four points. He remains unsigned.
Snapshots: Saunders, Schedule, Spaling
The hockey world mourns today as it was reported earlier that broadcasting titan John Saunders passed away at the age of 61. Saunders had worked for ESPN for nearly 30 years, and was one the biggest influences on hockey broadcasting in the United States. An all-star defenseman growing up in Montreal, Saunders went on to play at Western Michigan University from 1974-76. Saunders was a founding board member of the Jimmy V Foundation, a charity that has raised over $90MM for cancer research.
Many fans in the United States and across the world would not have understood, or appreciated hockey without John Saunders, and here at PHR we would like to extend our deepest condolences to his family.
- The NHL released its preseason schedule today, and among the notable games are two that will be held at the T-Mobile Arena in Las Vegas, the home of the upcoming expansion franchise. The Los Angeles Kings will play back-to-back nights against the Dallas Stars and Colorado Avalanche on October 7-8th to give the fans there a taste of what is to come. Also opening its doors for the first time will be the Edmonton Oilers’ new home, as the team will play the Calgary Flames at Rogers Place on September 26th.
- Nick Spaling‘s deal with Geneve-Servette was announced today, making him the latest in the line of players heading to Switzerland. The deal is different than any given in the NHL, reports Stephen Whyno as the two sides have agreed to a one-year pact with an option for 2017-18, much like an MLB deal. This adds a new wrinkle to players looking for contracts outside the NHL, as European leagues are getting more creative in their contract structure. Spaling will be reunited with former line-mate and veteran NHLer Mike Santorelli, who signed a deal last month with the club.