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Arizona Coyotes Acquire Zack Kassian

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We have another trade. The Coyotes, who earlier tonight cashed in some of their draft capital to move up to the 11th overall pick, are making another move. They have acquired forward Zack Kassian, the 29th overall pick, a 2025 second-rounder, and a 2024 third-rounder from the Edmonton Oilers in exchange for pick 32. To put it more simply, the Oilers are moving down two spots and trading two future mid-round picks in order to clear Zack Kassian’s contract off their books.

The Oilers, desperate to improve their team after an encouraging run to the Western Conference Final, want to be active this offseason in making improvements to their roster. They have been interested in a variety of goalies, but with cap space at an absolute premium, they have now decided they’ll need some more wiggle room in order to get a deal done. Trading Kassian’s cap hit gives GM Ken Holland more room to work with as he chases free agent goalies, such as Jack Campbell, or other established players in free agency.

For the Coyotes, this move adds a few more picks to GM Bill Armstrong’s stockpile. The Coyotes add two decently valuable picks as well as the right to move up a few spots in tonight’s draft in exchange for taking on Kassian, who had six goals and 19 points in 58 games this year. If Kassian can perform well in Arizona, it’s possible that the Coyotes will have the option to retain salary on his deal in order to flip him to another club. For now, though, the main priority will be the draft picks acquired in the deal.

We knew going into this summer that teams such as Chicago and Arizona would be active in weaponizing their cap space in order to acquire future assets. Now, on the night of the draft, both teams have made moves to do exactly that.

Sportsnet’s Elliotte Friedman was first on the details.

Edmonton Oilers Promote Brad Holland

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The Edmonton Oilers have updated the status of several members of the front office and coaching staff, confirming that Glen Gulutzan, Dave Manson, Dustin Schwartz, Jeremy Coupal, and Keith Gretzky will all be returning to their current positions. Changes include Noah Segall being promoted to video coordinator from the AHL club, and Brad Holland being named assistant general manager.

Holland’s promotion is the headline, not only because of his obvious ties to Oilers general manager Ken Holland (his father) but also the fact that he had been chased by other organizations this summer. Chris Johnston of TSN and Frank Seravalli of Daily Faceoff both tweeted that there was significant interest from other teams.

The 41-year-old AGM joined the Oilers in 2019 as a pro scout and has a history that includes stops with the NHL’s hockey operations department and Toronto Maple Leafs.

Retaining Gulutzan and Manson is also an important distinction, as Jay Woodcroft enters his first full season with the club after seeing the interim tag removed this summer. The assistant coaches can help the rookie head coach navigate the waters as the Oilers attempt to go on another deep playoff run. Manson, who came up with Woodcroft from the AHL, will also be in his first full season behind an NHL bench, though he sat on it for more than 1,100 games as a player.

West Notes: Kaprizov, Keith, Jets Prospects

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Concerns continue to rise about the availability of Russian players to NHL teams next season. One player who’s come into focus today due to a variety of conflicting reports is Kirill Kaprizov, who Minnesota Wild general manager Bill Guerin confirmed today is still in Russia despite rumors stating he had returned to the United States. In response to reports this morning that Kaprizov is currently wanted in Russia for buying a false military ID card five years ago, Guerin said the following:

We’re not going to push the panic button or anything like that. We’re just trying to gather information right now and find out if this is even credible.

Kaprizov is one of the multiple players whose situations are in limbo, exacerbated by the fact their KHL rights are held by CSKA Moscow, a Russian army-owned team. Russo notes that in the past, CSKA players have been exempt from military service, but this is an informal and non-codified rule. In addition, Kaprizov’s exemption from mandatory military service via a studentship in a Russian organization expired at the end of June. Very little is confirmed about the situation, but it’s a significant development that bears watching over the course of the offseason as it pertains to Kaprizov’s availability to the Wild next season.

  • The Edmonton Oilers will get some clarity soon on the playing future of defenseman Duncan Keith, who could potentially decide to retire with one season remaining on his contract carrying a $5.54MM cap hit. General manager Ken Holland noted that he’d spoken to Keith twice in the past few weeks and that he’s requested an answer by this Saturday. That gives the Oilers a brief window of time ahead of free agency to work out replacement plans for Keith if he retires. The 38-year-old defenseman would not inflict a cap penalty on the Oilers if he opts to call it a career.
  • Winnipeg Jets general manager Kevin Cheveldayoff gave injury updates today on a pair of important Jets prospects. Cole Perfetti, who suffered an upper-body injury in mid-February, has just started skating again and is not cleared to participate in the 2022 World Junior Championship for Team Canada. Additionally, 2021 first-rounder Chaz Lucius, who underwent ankle surgery after suffering a late-season injury with the University of Minnesota, won’t participate for the United States.

Latest On Jesse Puljujarvi

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There could be some more movement involving young wingers ahead of the draft. TSN’s Ryan Rishaug reports that there are now as many as four teams kicking tires on Edmonton Oilers Jesse Puljujarvi, but further suggests that the return heading to Edmonton will be “marginal.”

It certainly doesn’t appear to be gearing up for a great return on investment for the Oilers, who selected Puljujarvi fourth overall in 2016. He’s had some analytically strong performances in recent seasons, especially when playing with the Oilers’ top players, but a late-season injury and unlucky playoffs tanked his trade stock. While he did have a solid 14 goals and 36 points in 65 games this year, he had just three points in 16 playoff games, earning the ire of the Oilers fanbase.

Counted on to be a solid complementary player, Puljujarvi screams “talent that will succeed in a different system,” but he really hasn’t shown enough offensive ceiling at the NHL level for Edmonton to recoup first-round level value. With a relatively small amount of teams in the market for his services too, it’s just not looking good for Edmonton to make a winning trade to move on from the Finnish winger.

Decision Deadline For Keith And Smith Extended To July 10

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  • The Oilers have extended the decision deadlines for defenseman Duncan Keith and goalie Mike Smith, reports Daniel Nugent-Bowman of The Athletic (subscription link). Originally, Edmonton was looking for clarity on their futures by July 1st but that has now been pushed to July 10th.  At this point, Keith appears to be likely to return although there has been recent speculation that Smith, who played through multiple injuries this past season, could be placed on LTIR for the final year of his contract which would have the Oilers on the lookout for another goalie in the coming weeks.

Oilers Notes: Puljujarvi, Smith, Free Agent Goalies

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While his first trade request didn’t lead to a move, it seems that Puljujarvi’s second attempt could be more successful. Per Sportsnet’s Mark Spector, sources have confirmed that the Edmonton Oilers winger is “ready to move on for a fresh start” outside of Edmonton. He adds that the Oilers are “ready to oblige” and are already speaking with “at least four teams” in order to secure as high of a return as possible for the former top-five pick. Spector also consults a group of pro scouts to gauge an opinion on what Puljujarvi’s value is on the trade market, and the responses came generally along the lines of a second or third-round pick. TSN’s Chris Johnston confirms Spector’s reporting that several teams have engaged the Oilers in trade discussions regarding Puljujarvi, and he goes further, naming the Senators specifically as a team believed to be in the mix.

This is not Puljujarvi’s first time seeking an exit from Edmonton, but this time it seems more likely thanks to his improved play. The first time, Puljujarvi had not established himself as an NHL option and the possibility of a return to Finland was looming over the entire process. Now, Puljujarvi is coming off of a successful season as an Oiler, where he scored 14 goals and 36 points in 65 games. The 24-year-old winger offers an intriguing package of size and skill, and it’s no surprise that a team like Ottawa, who drafted their own power forward in Tyler Boucher tenth-overall at last year’s draft, would be interested. What will be surprise, though, is his ultimate destination, as Ottawa is only one of several teams vying for his services.

Now, for some other notes regarding the Edmonton Oilers:

  • On the Insider Trading segment of TSN’s Sportscentre program, Darren Dreger reported on the situation with Oilers starter Mike Smith, who has one year remaining on his contract at a $2.2MM cap hit. Per Dreger, Smith and GM Ken Holland will meet this week to discuss the player’s future, and in all likelihood the result will be that Smith will be placed on long-term injured reserve for the rest of his contract. Smith battled injuries during the Oilers’ run to the Western Conference Final, and although he had a strong season (.915 save percentage) he only got into 28 regular-season games. At 40 years old, Smith could be prioritizing his long-term health over a quick return to the ice, a choice that is definitely respectable.
  • With Smith no longer in the picture, then, the Oilers will need to target a new number-one goalie. Per Dreger, Holland is expected to delve “deep” into the free agent market this summer in search of a goalie, and Dreger specifically names Toronto Maple Leafs goalie Jack Campbell and St. Louis Blues goalie Ville Husso as two candidates for the job. Smith’s play was the subject of lots of conversation during the playoffs, and many believe that the Oilers are an elite goalie away from true Stanley Cup contention. With Smith’s anticipated placement on LTIR, it looks like Holland will be on the hunt for names like Campbell, Husso, or other top goalies.

West Notes: Forsberg, Horvat, Oilers Coaching Staff

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Recently, we covered how Filip Forsberg and the Nashville Predators’ negotiations on a new contract had been difficult, with both sides still “far apart” in terms of what a potential extension would look like. A week later, the situation remains uncertain. TSN’s Darren Dreger reported on the status of the negotiations today, clarifying that while the gap between the team and player is said to be less than $1MM per year, there still has not been “a lot of progress” on finalizing a deal. With the eight-year term already agreed upon, that relatively small gap in the negotiation could cause the situation to drag on until potentially even the start of free agency.

With the gap under $1MM, it’ll be extremely interesting to see if Forsberg remains a Predator. He is the team’s all-time leading goal scorer and among their most important players. GM David Poile is a firm negotiator, and the Predators’ reluctance to give n0-trade protection on deals has been well-publicized. So, with that reputation in mind, it’s fair to wonder if Poile will let that six-figure gap be the reason Forsberg departs Nashville. From most fans’ perspectives, it seems like an easy question: the small bump in cost is worth avoiding the trouble of finding a replacement player. But to cement a deal with the long-tenured Poile, who is no stranger to letting important players leave in free agency, perhaps Forsberg will be the one who will need to compromise.

Now, for some other notes from across the NHL’s Western Conference:

  • While J.T. Miller has been the name most frequently mentioned in trade rumors, Vancouver Canucks captain Bo Horvat actually has an identical contract situation, as he too will become an unrestricted free agent next summer. But unlike Miller, Horvat probably won’t be on the move anytime soon, hence his absence in the rumor mill. Per Thomas Drance of The Athletic (subscription link), the Canucks are “completely invested” in retaining Horvat beyond the expiry of his current contract. It’s easy to see why, as Horvat is among the team’s most important leaders and is still a highly effective on-ice talent. The 27-year-old pivot crossed the 30-goal plateau last year for the first time in his career and should be in line for a moderate raise from his current $5.5MM cap hit.
  • The Edmonton Oilers finalized their coaching situation when they removed the interim tag from coach Jay Woodcroft’s job title. Now, it seems that Woodcroft’s full coaching staff is taking shape. Per Dreger, Oilers assistant Brian Wiseman is “moving on” from the team, while fellow coaches Dave Manson and Glen Gulutzan are expected to stay in Edmonton. Wiseman is a former twelfth-round pick who has been an assistant coach in Edmonton for three seasons. Before then, he was part of the coaching staff at his alma mater, the University of Michigan. While a return to the college ranks is possible, Wiseman will certainly have options, as Dreger reports that he is set to have “strong interest” from a “variety of teams.”

Free Agent Focus: Edmonton Oilers

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Free agency is now just a few weeks away and many teams are already 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 Edmonton Oilers.

Key Restricted Free Agents

F Jesse Puljujarvi – A trio of top young forwards is hitting RFA status this year for the Oilers but it is Puljujarvi that will draw the most attention. Whether that is because of his draft pedigree–fourth overall in 2016–or the obvious upside that just oozes out of his 6’4″ frame, the big forward is a constant topic of debate in Edmonton. There are moments when Puljujarvi looks as though he’s taken that next step. Fourteen goals and 36 points in 65 games was a nice improvement, and his defensive ability was proven (at least through the underlying metrics). But then in the playoffs, he once again disappeared for long stretches and saw his ice time slashed dramatically.

Coming off a two-year contract and needing a qualifying offer of $1.41MM, Puljujarvi could take the Oilers to arbitration if they let it get that far. Where he fits into next season’s roster is still anyone’s guess.

F Kailer Yamamoto – The 23-year-old Yamamoto, meanwhile, experienced a nice rebound campaign this season, tallying 20 goals and 41 points after his disappointing 2020-21 performance. Undersized but scrappy, the 2017 first-round pick is also eligible for arbitration and is owed a qualifying offer of just $1.175MM. Given the team’s cap constraints, a long-term deal may be out of the question, but Yamamoto appears to have solidified his place in the top-nine, even if his two-goal playoff performance wasn’t quite up to snuff.

F Ryan McLeod – Another top pick, another uncertain future, as McLeod enters free agency for the first time without arbitration rights. The 22-year-old center scored just nine goals and 21 points in the regular season but has a blend of size and speed that can’t be easily replaced. There’s probably not ever going to be huge offensive upside–especially given the role he’ll be asked to play in Edmonton–but McLeod figures to be a regular again next season and likely take on even more defensive responsibility down the middle.

Other RFAs: F Tyler Benson, F Brendan Perlini, F Ostap Safin, D Filip Berglund

Key Unrestricted Free Agents

F Evander Kane – There’s no mistaking the Oilers’ interest in re-signing Kane, and from a purely on-ice perspective, it’s easy to understand why. The big winger scored an incredible 22 goals in 43 games during the regular season and then posted another 13 in the playoffs. That still led the entire postseason despite Kane playing just 15 games, showing just how important Kane could be to Connor McDavid and Leon Draisaitl as a potential running mate moving forward. Still, when discussing Kane it can’t be from just an on-ice perspective, as turmoil has followed him all over the NHL. Even now, his grievance with the San Jose Sharks over wrongful termination is still undecided, meaning a new contract could be delayed well past the opening of free agency.

D Brett Kulak – When the playoffs rolled around, Kulak was arguably one of the Oilers’ best defensemen, acquired from the Montreal Canadiens for a second-round pick (plus William Lagesson and a 2024 seventh). Armed with an elite defensive stick and strong gap control, the 28-year-old Kulak would be a nice fit for the third pairing in Edmonton moving forward, as long as they can get him back on a reasonable contract. Even then, perhaps the team will go in a different direction given the youth that is coming through the system by way of Philip Broberg, who should challenge for a full-time role next season, and the continued presence of veterans Duncan Keith and Tyson Barrie.

Other UFAs: F Josh Archibald, F Derick Brassard, F Colton Sceviour, F Kyle Turris, F Cooper Marody, D Kris Russell

Projected Cap Space

If you currently navigate to the Oilers’ CapFriendly page, you’ll see a nice cap space total of more than $7.1MM. Unfortunately, that is for a roster of just 15 players, meaning there is plenty of work to be done for general manager Ken Holland to fit everyone in. Just assuming the remaining eight spots are filled by league minimum $750K players it would eat up $6MM, meaning there isn’t a lot of wiggle room for improvement (or arbitration awards). Of course, with Oscar Klefbom’s contract still headed for long-term injured reserve, and at least some suggestion that Keith could retire before the 2022-23 campaign, that number could change dramatically.

Even so, with the Oilers pushing hard to sign Kane to a big contract, there still could very well be some cap casualties in Edmonton. This group pushed further into the playoffs than in years past and knows that McDavid and Draisaitl are good enough to lead them all the way. Making sure they spend every dollar effectively is absolutely crucial for Holland and his staff this summer.

Photo courtesy of USA Today Sports Images

Puljujarvi's Arbitration Eligibilty Could Be Problematic For Edmonton

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  • Sportsnet’s Mark Spector posits that an arbitrator could award pending RFA winger Jesse Puljujarvi a contract in the $3.5MM to $4MM range this summer. That would certainly be a big blow to the Oilers who simply couldn’t afford to carry that type of contract on their books.  The 24-year-old has been more impactful since coming back to North America at the start of last season but despite some impressive underlying numbers, he still managed just 14 goals and 22 assists in 2021-22.  If that is indeed in the range of where Puljujarvi’s camp sees him landing in an arbitration hearing, it wouldn’t be surprising to see GM Ken Holland shopping him over the coming weeks.

Another Bridge Deal Makes Sense For Oilers With Kailer Yamamoto

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  • Bruce McCurdy of the Edmonton Journal examined the improvements in winger Kailer Yamamoto’s performance following the midseason coaching change which has helped give him leverage heading into contract talks with salary arbitration rights for the first time. However, he suggests another bridge deal (Yamamoto played on a one-year deal this season) is the best way to go.  Yamamoto is still four years away from UFA eligibility so a two-year would buy them a bit more time to evaluate the 23-year-old and keep the cap hit lower.  Yamamoto is coming off a 20-goal, 41-point season with the Oilers so he’ll still be getting a decent-sized raise on the $1.175MM he made this year.

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