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List Of Players Expected To Start 2023-24 On LTIR

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We’re at the point in the summer where most major signings are complete, meaning only a handful of free agents left on the market could still command over the maximum buriable threshold of $1.15MM per year on their next contract. That means financial pictures are mostly set league-wide, and general managers can now focus more on the arduous task of salary cap management.

For many teams nowadays, long-term injured reserve (LTIR) is an important tool in helping teams keep below the salary cap’s Upper Limit, which is set at $83.5MM for 2023-24. It’s not as straightforward as it seems at first glance, though. Placing a player on LTIR does not eliminate their cap hit from the team’s books until they’re activated again. Instead, a team only gains cap relief if they exceed the Upper Limit, and the specific amount of relief received depends on the team’s cap situation on the day they place a player on LTIR. A more detailed explanation of how LTIR works can be found on CapFriendly.

All LTIR situations are not created equal. To be eligible for LTIR, a player must miss at least ten games or 24 days of action. However, they don’t need to be placed on LTIR if they’re projected to miss more than that amount of time. Oftentimes, a team operating far below the Upper Limit that won’t need any relief will simply keep the player on standard injured reserve, especially if they’re relying on an injured player’s cap hit to stay above the Lower Limit (set at $61.7MM next season).

With that said, here is a list of players who are projected to meet the injury requirements for LTIR to start 2023-24:

Atlantic Division

Buffalo Sabres – Jack Quinn

This offseason was a tough break for the young Quinn, who sustained an Achilles injury during offseason training in June and is expected to be out of the lineup through Thanksgiving. While eligible, he’s unlikely to actually be placed on LTIR. He’s still on his entry-level contract and carries a marginal cap hit of $863K, making a move extremely inconsequential to the Sabres, who CapFriendly projects with over $6MM in space.

Florida Panthers – Aaron Ekblad, Brandon Montour

The Panthers are set to begin the season without the services of their top two defensemen, thanks to shoulder injuries sustained and exacerbated during their run to the 2023 Stanley Cup Final. Combined, the players carry a rather significant $11MM cap hit, which should give the Panthers some season-opening flexibility. Ekblad’s expected to miss more time than Montour, but neither is expected to miss the whole season – both should be back in the fold by the time the calendar flips to 2024. CapFriendly currently projects the Panthers dipping into LTIR relief by $1.175MM to start the season.

Montreal Canadiens – Carey Price

The team’s legendary netminder isn’t expected to play again after a knee injury, and he hasn’t suited up since the end of the 2021-22 campaign. He’ll likely spend the last three seasons of his contract (carrying a $10.5MM cap hit) on LTIR. As we covered earlier in the week, Montreal is in a bit of a no man’s land with Price’s contract. They’ll likely either look to shed salary to get under the Upper Limit entirely (which they currently sit around $5MM over) or add money to maximize’s Price’s LTIR relief, which they could then weaponize in-season to be a cap broker for trades.

Tampa Bay Lightning – Brent Seabrook

Like Price, Seabrook will be on LTIR for the remainder of his $6.875MM cap hit contract, which expires next summer. Acquired from the Chicago Blackhawks after his injury made it clear he wouldn’t play again, Seabrook has provided additional options for cap flexibility for the Lightning over the last two seasons. Tampa is expected to use close to all of Seabrook’s potential relief to stay compliant throughout the season.

Toronto Maple Leafs – Jake Muzzin, Matt Murray

While not confirmed, Muzzin’s playing future remains in serious doubt after sustaining a cervical spine fracture at the beginning of last season. No recent update has been issued on his recovery, and he’s expected to miss the entire 2023-24 campaign and will spend the final year of his contract on LTIR. Murray’s situation is shrouded in much more mystery, however. The team announced last month he’d begin next season on LTIR, but no specific details of his injury were confirmed, and no timetable was issued for a potential return. Murray missed significant time last season with a concussion and an adductor injury.

Metropolitan Division

Philadelphia Flyers – Ryan Ellis

Forwards Cam Atkinson and Sean Couturier are expected to return to the lineup after missing all of last season with injuries, but the same can’t be said for Ryan Ellis. President of hockey operations Keith Jones said a few days ago that Ellis is unlikely to “be able to continue his playing career because of a torn psoas muscle in his back.” Ellis played just four games for the Flyers after they acquired him from the Nashville Predators in 2021 before sustaining the career-ending injury.

Washington Capitals – Max Pacioretty

Pacioretty’s timeline for a return after sustaining back-to-back Achilles injuries isn’t clear, but he likely won’t be available to the team to start the season and should meet the requirements for LTIR. The financial circumstances surrounding the potential relief will be tricky to navigate given the performance bonuses included in his contract, however. Pacioretty should be joining the Capitals after signing a one-year deal last month, sometime in November or December if everything goes well in his recovery.

Central Division

Arizona Coyotes – Jakub Voracek, Shea Weber, Bryan Little

All three are players acquired by the Coyotes for the express consideration of helping them stay above the cap floor – which they are now far above after being big players on the free-agent market this summer. Nonetheless, all three are done with their NHL careers due to various injuries and will remain members of the Coyotes organization by contract only.

Colorado Avalanche – Gabriel Landeskog

Colorado will be without their captain for a second straight season after the winger underwent a cartilage transplant on his right knee this summer. Landeskog hasn’t played since hoisting the Stanley Cup in 2022, a playoff run during which he played through a knee injury. He’s signed through 2029, and there’s still the potential he plays again, although it won’t be anytime soon.

Pacific Division

Anaheim Ducks – Isac Lundeström

Lundeström projects to be on the shelf through next January after sustaining an Achilles injury during offseason training in Sweden. Given the Ducks are far from the Upper Limit, and Lundeström carries just a $1.8MM cap hit, Anaheim could keep him on standard injured reserve for the duration of his absence.

Vegas Golden Knights – Robin Lehner

All has been quiet on Lehner’s health after he missed all of last season. The All-Star-caliber netminder had double hip surgery last summer, keeping him out for the entire 2022-23 campaign. He was not around the team at all during their run to the 2023 Stanley Cup, and the team has issued no updates on his recovery since undergoing the surgery last summer. Without any indication that he’s close to a return, Lehner closes out our list.

Charlotte Checkers Sign Will Reilly, Patrick Khodorenko

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A now-former veteran of the AHL’s Laval Rocket, forward Joel Teasdale is in a confirmed minor-league contract with the Iowa Wild. Teasdale had spent the past four seasons on the Rocket, also suiting up for the Montreal Canadiens for a few games last season.

Joining the Canadiens system as an undrafted free agent, Teasdale joined Laval towards the end of the 2019-20 season, but would not play for the club until the following season due to a knee injury. In his rookie campaign in the AHL, Teasdale provided some solid depth scoring, putting up eight goals and 10 assists in 26 games.

Last season, in what has been his best season to date, Teasdale would score 23 goals and 15 assists in 58 games for the Rocket but failed to chip in any in two playoff games. This ranked Teasdale as the fourth-highest scorer in Laval, and he should finish around the same in Iowa next season.

Other notes:

  • The highest-scoring member of the Cape Breton Eagles last year, Ivan Ivan, has agreed to an AHL contract with the Colorado Eagles for the 2023-24 season. Last season for the Eagles, Ivan put up 33 goals and 57 assists in only 64 games, showing some significant offensive prowess from the center position. Already carrying solid depth down the middle of the ice, there is a real chance that Ivan starts the year with the team’s ECHL affiliate, the Utah Grizzles, but if Ivan continues his offensive development, he may turn into a solid prospect for the Colorado Avalanche organization.
  • The Charlotte Checkers have added some roster depth this morning, announcing separate one-year, two-way contracts for defenseman Will Reilly, and forward Patrick Khodorenko. Both players should be considered on the bubble for the upcoming season, either appearing in the AHL for the Checkers or the Florida Everblades of the ECHL. Reilly likely has the best shot to make the team, playing in 30 games for the Tucson Roadrunners last year, scoring five points in total.

Previewing The Top 2024 Unrestricted Free Agents

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This year’s free agent class was underwhelming. There’s no disrespect intended here to players like Alex Killorn, Dmitry Orlov and Vladimir Tarasenko. However, we’ve grown accustomed to at least one true star being available on the market every year – at least a top-ten player at their position. But a flurry of extensions took some potential game-breakers, such as Boston Bruins sniper David Pastrnak off the market, limiting the amount of star power available.

With the salary cap finally expected to jump significantly by about $4MM next offseason, some NHL general managers will undoubtedly look to spend that extra cash on a shiny new toy on the UFA market. As 2023 is mainly in the rearview mirror, let’s take a look at some of the best players slated to hit the open market next summer, whether or not they may extend, and offer some way-too-early contract projections in the process:

F Auston Matthews (Toronto Maple Leafs) – The unquestionable crown jewel of the 2024 free agent class might also be one of the least likely to hit the market. Matthews is more than just a superstar – he’s a season removed from back-to-back Rocket Richard Trophies, he’s led the league in even-strength goals in four out of his seven NHL seasons, and he’s coming off a “down season” in which he still managed 40 goals despite a career-low 12.2 shooting percentage. Toronto is still plugging away at an extension with Matthews, a process that was surely elongated by a change at the GM position earlier this offseason. While multiple reports suggested it likely won’t be a long-term deal to keep Matthews in Toronto, seeing his name available for anyone to pursue next July would be shocking.

Extension Likelihood: Very Likely
Projected Contract: Five years, $62MM ($12.4MM AAV)

F William Nylander (Toronto Maple Leafs) – Another star in Canada’s largest city is also headed for the open market next season. Nylander is coming off a strong season with a career-high 40 goals and 87 points, but multiple reports indicate contract talks are currently at an impasse between the two sides. The Swedish winger reportedly wants an eight-figure cap hit on his next deal, one he’s increasingly unlikely to receive after sub-$10MM extensions for players like the Carolina Hurricanes’ Sebastian Aho. He will be in his prime at 28 years old next summer, though, and he currently holds the undisputed title of the best pure winger slated to hit the market. Given the slated cap increase, Nylander may be able to garner the money he desires elsewhere if Toronto isn’t willing to fork over another eight-figure deal.

Extension Likelihood: Somewhat Unlikely
Projected Contract: Seven years, $70MM ($10MM AAV)

F Steven Stamkos (Tampa Bay Lightning) – Including Stamkos on this list seems like more of a formality than anything else. The captain of back-to-back Stanley Cup championship teams in Tampa and likely to go down as the greatest player in franchise history when he retires, it’s nearly impossible to imagine him wearing another jersey. Barring an unforeseen breakdown in communication, Stamkos will be re-upping with the Bolts on what could potentially be the final contract of his NHL career as he enters his mid-30s. After yet another point-per-game season, Stamkos will undoubtedly be sticking around in Tampa as long as they’ll have him, likely at a slight discount to help them replenish their depth reserves.

Extension Likelihood: Very Likely
Projected Contract: Four years, $31.5MM ($7.875MM AAV)

F Jake Guentzel (Pittsburgh Penguins) – The Penguins have exhibited a strong tendency toward keeping the band together in recent seasons, but it’s a trend that may change under the front-office leadership of Kyle Dubas. Still, it’s hard to imagine the Penguins won’t field a competitive offer to keep Guentzel in the fold. He’s been one of the most successful and consistent linemates to Sidney Crosby in the entire illustrious career of the future Hall-of-Famer, he’s a two-time 40-goal scorer, and he’s an incredibly clutch playoff performer. While contract extension talks haven’t begun between the two parties yet, reporting indicates the Penguins’ core shares the public’s view of Guentzel and would like to keep him around.

Extension Likelihood: Likely
Projected Contract: Eight years, $75MM ($9.375MM AAV)

F Mark Scheifele (Winnipeg Jets) – The first of two Jets on this list hasn’t been in trade rumors quite as much as his netminding counterpart, but there’s still a very good chance Scheifele is sporting a different jersey by the 2024 trade deadline. Speculation has immediately run rampant about Scheifele as a stop-gap fix down the middle for the Boston Bruins, who are without their number-one center after captain Patrice Bergeron announced his retirement last week. There are plenty of question marks about how highly Scheifele is actually valued around the league, given his significant defensive lapses, but he’s consistently produced the offense you’d want out of a number-one center. Despite scoring a career-high 42 goals last season, 2022-23 was actually Scheifele’s first campaign falling short of a point per game since 2015-16, when he was just 22 years old.

Extension Likelihood: Unlikely
Projected Contract: Seven years, $66MM ($9.4MM AAV)

D Devon Toews (Colorado Avalanche) – Toews may be the most unheralded defenseman in the league thanks to his partner, Cale Makar. On almost any other team, Toews would be a legitimate number-one defender with very few holes in his game. Little has been made of his impending free agency, but he’ll be due a major raise on his current bargain-bin $4.1MM cap hit. Combined with the potential loss of captain Gabriel Landeskog’s LTIR relief should he return to play in 2024-25, it could be incredibly difficult for Colorado to retain him even with the cap going up. Not only does Toews consistently rank among having some of the best defensive impacts in the league, but he’s also coming off back-to-back 50-point campaigns and has finished top-15 in Norris voting during each of his three seasons in Colorado.

Extension Likelihood: 50/50
Projected Contract: Seven years, $61MM ($8.7MM AAV)

D Brandon Montour (Florida Panthers) – A pair of prominent Panthers defenders are up for UFA status next season in Montour and Gustav Forsling, but Montour’s the one we’ll cover more in-depth here after he led the Panthers’ defense in playoff scoring with eight goals and 13 points in 21 games despite playing through a shoulder injury which will cost him the beginning of the 2023-24 campaign. His stock has never been higher after exploding for 73 points in 80 regular season games, along with a career-high 107 penalty minutes. While he’s still a rather one-dimensional player and likely to be somewhat of a liability defensively, he’s finally shown legitimate top-pair ability at 29 years old. Committing any term to Montour as a UFA may be a case of buyer beware, however, as his track record is far from consistent.

Extension Likelihood: Somewhat Unlikely
Projected Contract: Four years, $26MM ($6.5MM AAV)

G Connor Hellebuyck (Winnipeg Jets) – It seemed very unlikely a few months ago that Hellebuyck would be on this list today. While there’s no chance he’ll be signing an extension with the Jets, a trade followed by an extension with a new team seemed rather likely this offseason. However, some outlandish financial demands from Hellebuyck’s camp dried up trade interest, and there hasn’t been a lot of movement on that front lately. While small, the possibility that Hellebuyck lands on the open market next season seems to be increasing without a trade or extension any closer to fruition.

Extension Likelihood: Very Unlikely
Projected Contract: Seven years, $61.25MM ($8.75MM AAV)

Photos courtesy of USA Today Sports Images.

Tkachuk Provides Update On Recovery From Fractured Sternum

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In a recent appearance on Sportsnet 590 (audio link), Panthers winger Matthew Tkachuk indicated that he is almost back to normal as he works his way back from a fractured sternum sustained during the playoffs.  At this point, he’s expected to be fully ready for training camp.  Tkachuk had a dominant first season in Florida, collecting 40 goals and 69 assists in 79 games, good for seventh in NHL scoring.  He followed that up with 24 points in 20 playoff contests, leading all Eastern Conference players in that department.

Brandon Montour Updates His Recovery From Shoulder Surgery

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  • In an appearance on the Cam and Strick podcast (video link), Panthers defenseman Brandon Montour provided an update on his recovery from shoulder surgery. He was recently able to remove the sling but anticipates he’s still at least a month away from being able to lift weights and he doesn’t expect to be able to hit the ice until sometime in September.  Recovery from labrum surgeries typically carry a four-to-six-month recovery time so while it’s possible that Montour could be back early next season, his return could also be pushed back as far as into December.

Florida Panthers Extend Eetu Luostarinen

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The Florida Panthers have announced a three-year contract extension with forward Eetu Luostarinen, which carries a $3MM AAV according to Daily Faceoff’s Frank Seravalli. The deal pays the soon-to-be-25-year-old Luostarinen through the 2026-2027 season, covering his two remaining years of RFA eligibility as well as buying out one UFA year. CapFriendly reports Luostarinen will earn $1MM in base salary in all three seasons, supplemented by a $2.5MM signing bonus in 2024-25, a $2MM signing bonus in 2025-26, and a $1.5MM signing bonus in 2026-27.

Panthers GM Bill Zito offered the following statement regarding the signing:

Eetu is a dynamic two-way center whose speed and strength allow him to excel on any line. His consistency and dependability are a great asset to our forward group, and we are excited about what he can continue to bring to our lineup in the coming seasons.

Although Luostarinen finished the season injured and didn’t quite have the impact during the Panthers’ miracle run to the Stanley Cup Final he’d likely hoped to have, his 2022-23 season was undoubtedly his best as a professional hockey player, even going back to his productive days in Liiga in his native Finland.

Luostarinen arrived in Florida as part of the trade that sent Vincent Trocheck to the Carolina Hurricanes.

At the time, he was a 2017 second-round pick whose rangy six-foot-three frame and productivity in Liiga for KalPa suggested legitimate NHL upside, only he had struggled to make a consistent impact in his first season in North America.

As recently as last season, Luostarinen’s 26 points stood as a career-high for any season in North America.

This past year, though, Luostarinen finally put together all his tools at the NHL level and scored 17 goals and 43 points in 82 games. As Zito alluded to, Luostarinen’s combination of size and speed, as well as his versatility to be able to be used throughout the lineup made him an important player for the Panthers. He really clicked under first-year head coach Paul Maurice, and with this contract extension is likely to be a staple on a Panthers scoring line moving forward.

Luostarinen will make $1.5MM against the cap next season before this contract kicks in, and while the team might have struggled to afford this AAV next season, the cap’s expected rise could make things a bit easier for 2024-25.

Assuming Luostarinen can be relied upon to at the very least match his production from last season, this signing is a savvy bet from Zito. $3MM is already an affordable price to pay for 17 goals and 43 points of production, but if Luostarinen takes another step in his game this deal is a candidate to provide significant surplus value.

Seeing as the Panthers are intent on competing for a Stanley Cup in the next few seasons, getting Luostarinen locked up at this manageable price tag is a nice bit of business by the team’s front office.

Photos courtesy of USA Today Sports Images. 

Richards: Panthers Could Pursue Vladimir Tarasenko

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Transaction Retrospective: Tkachuk To Panthers

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One year ago today, the Calgary Flames and Florida Panthers connected on a blockbuster trade, sending Matthew Tkachuk to the Panthers, while Jonathan Huberdeau and MacKenzie Weegar were sent to Alberta. At the time of the trade, the public learned that Tkachuk had signed an extension with the Panthers, while Huberdeau and Weegar would each sign eight-year contract extensions of their own with the Flames.

At the time of the trade, Calgary was often considered to be the winner by most experts, acquiring a forward that had just surpassed the season-high in assists by a left-winger, as well as a quality top-four defender in Weegar. On the other hand, Tkachuk was coming off a 104-point season in his own right and was set to join the defending President’s Trophy champions.

Hindsight being 20/20, it is now more clear who is projected to win the trade. Although the Flames finished with one more point than the Panthers to end the 2022-23 NHL season, both teams went on different trajectories. Calgary was unable to qualify for the playoffs in the Western Conference, while Florida went on an unprecedented run to the Stanley Cup Final as a wild-card team.

Both Huberdeau and Weegar experienced drops in play with their new team, as Huberdeau saw his point total from a year prior take a 60-point drop, only earning 55 points on the year this past season. Playing primarily as a playmaker, Huberdeau’s production took a descent without the presence of Aleksander Barkov in the middle of the rink.

Originally, Weegar also started off slow for the Flames, only scoring 18 points in his first 60 games with the team. However, in the last 20 games of the season, Weegar improved tremendously, scoring three goals and 10 assists to end the regular season.

Unlike both Huberdeau and Weegar, Tkachuk thrived on his new team. In 79 games this season, Tkachuk scored 40 goals and 69 assists, topping his career totals in assists and points. In the playoffs, he kept the competitive energy soaring, scoring 11 goals and 13 assists in 20 playoff games.

Tkachuk quickly became both the offensive and emotional leader for the Panthers, willing them to the Stanley Cup Final this past season. As new General Manager, Craig Conroy, takes the reins on the front office of the Flames, it will be interesting to see how this trade plays out long-term.

There is always a probability that the Huberdeau and Weegar take a massive jump in production next season, but Tkachuk taking his team within striking distance of the Stanley Cup will be difficult to beat. A year later, it is safe to say that the Panthers were on the winning end of the bargain.

Aleksi Heponiemi Signs In Switzerland

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Florida Panthers forward and former top prospect Aleksi Heponiemi has signed a one-year contract with EHC Biel-Bienne of Switzerland’s National League. The signing suspends Heponiemi’s formal playing relationship with the Panthers organization, though it may not end it.

Since Heponiemi received a qualifying offer from Florida, the Panthers will retain the exclusive rights of any NHL team to sign him until July 1st, 2027.

Keeping in mind the overall trajectory of Heponiemi’s career, this is a disappointing outcome for a player once touted as one of the Panthers’ better prospects.

Heponiemi, 24, is a Finnish center who scored 86 points in 72 games as a WHL rookie, winning the league’s Rookie of the Year award.

Off the back of that season, Heponiemi was drafted in the second round, 40th overall at the 2017 draft. The following campaign, Heponiemi clearly outplayed his draft position, scoring 118 points in just 57 regular-season games and 30 points in 26 playoff games en route to a WHL title and First-Team WHL All-Star honors.

He turned pro in 2018-19 directly afterward and was exceptional once again. Heponiemi scored 16 goals and 46 points in 50 games for Karpat in the Finnish Liiga, an impressive feat for a 20-year-old rookie professional. By that point, even though Heponiemi’s three points in 17 playoff games gave some cause for concern, the prevailing belief was that he’d end up a productive NHL center.

Heponiemi seemed to hit a wall after crossing the Atlantic in 2019-20. He scored just 14 points in 49 games for the Springfield Thunderbirds in the AHL, and although he was used to the smaller ice surfaces due to his time in the WHL the smaller ice combined with the relentless physicality of the AHL proved quite the challenge. Heponiemi would end up earning an NHL call-up the following season, but he only played a total of six games in the AHL.

In 2021-22 Heponiemi turned in a productive AHL campaign with 39 points in 56 games, though it was becoming more and more clear that he likely wouldn’t end up the difference-making NHLer it once appeared he would become. This past season was more of the same, 43 points in 62 AHL games but just three points in 10 NHL contests.

It appears now with this signing in Switzerland Heponiemi has opted to likely play a starring role for an overseas club rather than continue the status quo, which for him has been existing on the Panthers’ roster bubble.

He could play his way back into the NHL, of course. But given how successful Heponiemi has been in the past in top European pro leagues and how that success failed to translate to the NHL, it’s also certainly a possibility that Heponiemi’s chances of becoming a productive NHL center have all but evaporated.

Photos courtesy of USA Today Sports Images

Lomberg Has Fully Recovered From Thumb Injury

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  • Panthers forward Ryan Lomberg missed nearly a month of the playoffs due to a broken thumb, eventually returning to the lineup before the injury had healed. The 28-year-old told David Wilson of the Miami Herald that the thumb has now fully recovered, meaning he’ll be ready to go for training camp.  Lomberg had career highs in goals (12), points (20), and hits (145) last season and is poised to be an important part of Florida’s bottom six next season.

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