Joe Thornton Re-Signs With San Jose Sharks
July 2: The Sharks have officially announced the signing. His agency, Top Shelf Hockey, reports via Twitter that Thornton will earn $8MM in 2017-18. TSN’s Pierre LeBrun adds (Twitter link) that the base salary is $6.75MM while he gets a $1.25MM signing bonus as well.
July 1: After all of the rumor and intrigue surrounding “Jumbo” Joe Thornton seeking a three-year deal and speaking with many teams other than the San Jose Sharks, NBC Sports’ California correspondent Kevin Kurz is reporting that Thornton has actually re-signed in San Jose for just one year. According to Bob McKenzie, the deal is worth more than $6 MM, and Fox Sports Northwest’s Andy Strickland has the exact total at $6.5 MM. This is nowhere near the paycut many experts expected from his previous $6.75 MM. In a weak UFA class, however, he ended up getting more AAV than many of the larger names out there.
The probable future Hall-of-Fame center has 1007 career assists, good for 13th all time. He only had 7 goals last season make up his 50 points in 2016-17, however, his lowest total in a full season. It was anticipated by many that perhaps fellow long-time shark Patrick Marleau would sign first, but the offer from San Jose and the allure of home was too much to keep Thornton from signing on the dotted line.
Thornton is obviously slowing down a step, but he is still one of the best playmakers in the game. His work on the powerplay is masterful and he has jump-started many younger players’ careers. On a one-year deal, there seems to be little downside to the Sharks, as he can still be a productive member of a top-9 offensive unit while providing solid defensive play. The price is a bit high, and it remains to be seen whether that will affect any potential negotiations with Marleau.
Toronto Signs Patrick Marleau To 3-Year Deal
The Toronto Maple Leafs have announced that they have signed unrestricted free agent Patrick Marleau to a three-year deal, $18.75MM with the average annual value set for $6.25MM. Sportsnet’s Chris Johnston tweets he has a full no-movement clause included in his deal. TSN’s Pierre LeBrun tweets that the deal will include a large signing bonus, just as the case was for Carey Price‘s deal earlier today. He will receive $14.5MM in signing bonus money, split up with $7MM coming to him in the first year, followed by $4.5MM in year two and $3MM in the final year of the contract. The three-year pact means that Marleau will be 40 during the last year of his $6.25 contract.
Reported earlier on PHR, the 37-year-old wing was considering several offers, including a two-year offer from San Jose, but the rumor was that Toronto had the most impressive offer and Marleau took it. Having spent the past 19 years in San Jose, he will move on to the young, rising Maple Leafs squad and team with the young core of Auston Matthews, William Nylander and Mitch Marner to help them take the next step. With this move, it seems obvious that the Maple Leafs plan to go all-out in hopes of capturing a Stanley Cup while they have their young core under rookie contracts. It is likely Marleau will be paired with both Matthews and Nylander as their first line.
For San Jose, the veteran team loses one of its most important players in their history. Marleau accumulated 508 goals and 1,082 points in his tenure with the Sharks and was rarely hurt, having played every game for the last eight seasons and only missing a total of 31 games in his career, according to Johnston. Although the team was able to lock up38-year-old Joe Thornton yesterday to a one-year, $6.5MM deal (although that deal is not official yet), the team lost out on one of their top goal scorers and will be hard-pressed to replace him, especially after the team struggled in the playoffs and were bounced in the first round. Those two have been playing together for the last 12 years.
Marleau Deciding Between San Jose, Toronto
Patrick Marleau‘s name has appeared everywhere as one of the top free agents that remain after the first day of free agency. The 37-year-old wing, who will turn 38 before the season gets underway, has played 19 years in San Jose and hasn’t slowed down one bit. His 27 goals are his best since the 2013-14 season and the veteran has always been consistent and healthy. So, what’s taking so long?
NBC Sports’ Kevin Kurz says that while the Sharks offered him a two-year deal on Friday, Marleau is considering other offers, despite the fact that linemate and friend Joe Thornton has already agreed to a one-year deal with the Sharks. It seems that Marleau has received multiple offers that trump San Jose’s offer and Kurz writes that the Toronto Maple Leafs offer is quite a bit better. While it would have to be a tough decision to leave a place after 19 years, it might make sense. Even with Thornton returning, the Sharks failed to get out of the first round last year, suffering a loss to a young and emerging Edmonton team, and the Sharks seem to be developing into a franchise that may have to reverse course soon and begin a youth movement. Heading to Toronto and an up-and-coming team (along with the better offer) might be a better way to go. Playing with the young core of players like Auston Matthews, William Nylander and Mitch Marner could be enticing to the veteran. According to Kurz, no one has any idea of what Marleau will decide and there is genuine concern among Sharks’ management that he may leave.
On another note, while Thornton has agreed to a one-year deal that TSN’s Bob McKenzie writes will be a $6.5MM deal, it still hasn’t become official. Kurz said that there is nothing to worry about. He believes that Thornton is waiting for Marleau to make his decision so they can be announced together, like he did in 2014. Thornton agreed to a one year deal, although Kurz says he was offered a two-year deal, like Marleau, on Friday. It’s likely that the one-year deal offered more.
Best Of What’s Left – Part 2
As we close in on the end of an only moderately crazy July 1st, there are quite a few names that remain from our Top-50 Free Agents list. Here are some of the best of what remains in the back half of our Top 50:
Johnny Oduya (#32) – A reunion with Chicago was not overly successful after he was traded to the Blackhawks in February. So far, there is little noise about where the 35-year-old defenseman will go. It’s still possible that Chicago plans to add him to their roster, but after a disappointing campaign, perhaps he will have to wait till someone comes calling. Of course, Stanley Cups and playoff experience are quite valuable, so his name should surface soon.
Jarome Iginla (#33) – Los Angeles has already told Iginla that they don’t want him back, so where does that put the 40-year-old winger who scored 14 goals between the Avalanche and the Kings? It seems the veteran forwards are getting the least attention by NHL teams. Could returning home to Calgary for one final run be in the cards for him?
Daniel Winnik (#36) – Winnik has played for seven teams so far in his career and is looking for a chance to stick with one team. The 32-year-old center has quietly put together one of his best seasons with a career-best 12 goals with the Capitals. However, he hasn’t received much interest on the first day of free agency. Could Washington get him on the cheap?
Shane Doan (#38) – Four teams have shown interest in Doan, according to arizonasports.com’s Craig Morgan. While he doesn’t mention any of the four teams, he adds that Doan will take some time to think about it, so we may not hear much from the 40-year-old forward for another few days. His experiences in Arizona should prove an enormous amount of leadership towards almost any team.
Brian Gionta (#39) – All signs point to Gionta not returning to Buffalo. It looks as if the new brass there might want to move on and hand their captaincy to some younger players. So where does that leave the 38-year-old, yet still productive center? Waiting.
Jiri Hudler (#40) – At 33, Hudler is quite young, but injuries have mounted for the veteran and there has been little call after the first day for the veteran center. However, despite missing more than half the season, the veteran still scored 47 goals in the two years previous. While no one has stepped forward, there should be teams ready to take a chance that he will return to form this year.
P.A. Parenteau (#41) – The 34-year-old has bounced around a lot over the last few years and might have to find a new team once again. While a reunion with Nashville is certainly possible, Parenteau only played 13 games (playoffs included) for Nashville for a total of one assist.
David Desharnais (#42) – Once thought of as a legitimate candidate to be taken by the Vegas Golden Knights in the expansion draft, Desharnais is also looking for work and may have to look to other teams for his chance, although their quite a few ahead of him on this list.
Matt Cullen (#43) – You would think that the trend of veteran forwards would continue here, but the rumor is that Cullen is considering retirement and, if not, would likely be brought back by Pittsburgh. Despite 31 points last year for the Stanley Cup champions, Cullen might be done at age 40.
Ales Hemsky (#44) – It’s still early, but there are indications that Hemsky might be given the opportunity to return to Dallas. The veteran dealt with injuries and missed all but 15 games. If proven healthy and the Stars still have openings after all their moves in the last week, Hemsky could come back on a one-year deal.
Viktor Stalberg (#45) – Rumors persist that Ottawa wants to bring the speedy wing back, but it would have to be short-term after playing 18 regular season and 17 playoff games and finishing with just two goals and four assists combined.
The Prettiest And Ugliest Contracts Of July 1
Although hindsight is usually the only way to be certain as to when a deal flops, it seems reasonable to make an immediate assessment as to what deals will backfire or pay dividends. Today was a far more reserved July 1st than the league has accustomed itself to, but there are still a few contracts that stick out – for better or for worse.
Pretty: Patrick Sharp – Chicago Blackhawks – $800,000, 1 year.
This doesn’t seem fair. Chicago has been trapped in cap jail, and suddenly, here arrives a productive asset at nearly no cost. Sharp, coming off an injury-filled season, is coming back to the Windy City at a dirt-cheap rate. If he can even find half of the production he had during his last outing, this is a monumental steal. There’s no risk here, and a ton of upside. He still has the hands and hockey IQ to contribute.
Ugly: Steve Mason – Winnipeg Jets – $4,1 MM per, 2 years
Winnipeg was seemingly the last team standing when the music stopped playing. With a goaltending market that inspired no one, the Jets decided today to place their faith in Steve Mason. Coming off a .908 save percentage year, it’s hard to see him doing much worse. But behind the Winnipeg defense, it’s hard to see him doing much better. The pricetag is what really seals this as poor value relative to play. Luckily, if things don’t pan out, it’s only for two seasons. Connor Hellebuyck better prepare himself just in case. Taken in tandem with the highly questionable Dmitry Kulikov contract, GM Kevin Cheveldayoff maybe should have taken the day off.
Pretty: Radim Vrbata – Florida Panthers – $2.5 MM per, 1 year
Vrbata is absolutely a top-six winger, and he was signed for bottom-six money. He can assist a powerplay, and slot up and down a lineup as needed. Florida desperately needed to re-coup some scoring on the cheap after letting so many of their top point-getters walk or be lost to Vegas. With bonuses added in, this becomes a good prove-it deal for Vrbata as well. Solid value was found here for both parties and for a 20 goal, 55 point player, Florida will happily run away from this one.
Ugly: Trevor Daley – Detroit – $3.18MM per, 3 years
Daley was bereft of ice time in these playoffs, and he was competing with some really underperforming defensemen. It’s not like he had a good regular season either – his Corsi For % fell off a proverbial cliff (53.7 to 46.1), and the eye test certainly agreed. He put up decent points, 5 goals and 14 assists through 56 contests, and he can still skate well enough. But long are the days where he can make a difference on special teams or drive an offense with confidence. His turnover rate and inconsistency are not what Detroit needed to stabilize the back-end, and Daley will be 36 at the conclusion of the deal. The last time Daley cut a lucrative free agent deal, Chicago had to offload him due to poor play.
Pretty: Kevin Shattenkirk – New York Rangers – $6.65MM per, 4 years
The money could end up being a slight overpayment, but at the moment it is solid value. Shattenkirk finished 4th in points among defensemen last season and St. Louis never looked the same after he left. He could instantly and single-handedly transform the Rangers’ defense from the jumbled mess they were last season. He will reliably feed the puck to the forward group, and be the quarterback of the Ranger powerplay. What makes this a beautiful deal, however, is the term. If Shattenkirk has a bad year or doesn’t fit the system, New York is not on the hook for eternity. One of the biggest pitfalls in free agency with the bigger names is offering far too many years on contracts. Time and time again, it burns teams who were looking to attract a big fish. GM Jeff Gorton deserves credit here for not going insane with the length, although he was helped by Shattenkirk’s strong desire to return home.
Ugly: Dan Girardi – Tampa Bay – $3 MM per, 2 years
Nothing about this deal makes sense. Girardi earned his buyout from New York through brutal play and horrible possession numbers. Of all the NHL defensemen who played more than 40 games, only Rasmus Ristolainen of Buffalo and Luke Schenn of Arizona had worse Corsi Against per 60 minutes – Girardi finished with 65.11 (versus a 51.67 CF60). By no metric other than shot blocks was he an effective player. He might be worth a flier in hopes of regaining form, but he’s not worth much more. This agreement is made even worse by the fact that Girardi will be stealing valuable playing time from a solid young defenseman like Slater Koekkoek or Jake Dotchin. Combined with the Chris Kunitz signing, this is a team that didn’t get any younger, or any better.
Free Agent Frenzy 2017 – Day 1 Team Breakdown
The first day of free agency came with some early fireworks, and a lot of surprising contracts. Kevin Shattenkirk took just a four-year deal, while Karl Alzner set the market with a five-year pact. Here are all the day’s signings broken down by team:
Anaheim Ducks:
Cam Fowler (extension): 8 years, $52MM (link)
Ryan Miller: 2 years, $4MM (link)
Derek Grant: 1 year, $650K
Michael Liambas: 1 year, $650K
Boston Bruins Sign AHL MVP Kenny Agostino
As noted earlier today and now confirmed by TSN’s Bob McKenzie, the Boston Bruins have signed left winger Kenny Agostino to a one-year, one-way contract worth $875K. The former Yale standout will return to New England in hopes of finally getting a long NHL look. The Bruins have been fairly quiet on the first day of free agency, signing only Agostino, Paul Postma, and re-signing Jordan Szwarz. However, of the three signings, Agostino by far has the highest potential to impact the 2017-18 team.
In 2016-17, Agostino was awarded the AHL’s MVP award after registering 24 goals and 59 assists for 83 points in just 65 games with the Chicago Wolves, the former affiliate of the St. Louis Blues. Agostino led the league in scoring by 15 points and was the top assist man by 11. He also played to a +24 and was a point-per-game player in the postseason as well. In the NHL, Agostino also contributed a goal and two assists in seven games. While Agostino has never had any sustained success at the highest level, the 25-year-old has the tools to succeed if given the chance.
In Boston, Agostino should at least be given some opportunity. Many felt that the Bruins needed a top-six left winger, but GM Don Sweeney has indicated that he did not want to block the development of their younger players like Jake DeBrusk, Peter Cehlarik, and Anders Bjork. Between Matt Beleskey, Frank Vatrano, and now Agostino, the Bruins have multiple player they can try out on the third and fourth line before dipping into the minors. If it doesn’t work out with Agostino, the Bruins also stand a good chance of passing the 25-year-old through waivers if need be. It is a very low-risk, high-upside signing for Sweeney and company.
Kevin Shattenkirk Signs With New York Rangers
The top free agent on the market is now off the market. Kevin Shattenkirk, PHR’s #1 on our Top 50 Free Agents list and long considered the top prize of the 2017 off-season, has returned home to New York. The New Rochelle native has signed a four-year deal with an average annual value of $6.65MM to play for his hometown New York Rangers, according to TSN’s Frank Servalli.
The $26.6MM deal is far below what many were expecting for Shattenkirk. Most expected a six or seven-year deal worth somewhere in the total range of $40-$50MM. Instead, Shattenkirk appears to have taken a hometown discount, at least in term, to play for the Rangers. It had long been rumored that he was hoping to play on the east coast, and in New York particularly, and he got his wish.
The long-time St. Louis Blue is no stranger to changing teams, having been traded by the Colorado Avalanche in his rookie season and then again to the Washington Capitals this past year. No matter where, Shattenkirk has always performed. Consistently topping 40 points, including a career-best 56 in 2016-17, Shattenkirk is an elite puck-mover with an excellent first pass. Paired with a shutdown two-way presence like Rangers’ captain Ryan McDonagh, Shattenkirk can be a truly dynamic player in New York.
Minnesota Wild Add Murphy, Ferraro, O’Reilly, Grant
The Minnesota Wild have gone depth shopping on the first day of free agency, adding four players on two-way deals. Alex Grant and Ryan Murphy, recently bought out by the Calgary Flames have signed one-year, two-way deals worth $700K, while Landon Ferraro and Cal O’Reilly have signed two-year, two-way deals worth $700K each season.
Grant, a 28-year-old defenseman, is coming off a one-year deal with the Boston Bruins, but never played for the NHL club. He did, however, have a solid season for the AHL’s Providence Bruins, scoring 17 goals and 32 assists and aiding the team on their deep playoff run to the third round. He has played a total of seven NHL games, five for the Arizona Coyotes in 2015-16 and two games for the Anaheim Ducks in 2013-14, coincidentally scoring two goals in those two games.
Murphy, a 24-year-old defenseman, was the No. 12 pick in the 2011 NHL draft by the Carolina Hurricanes, who subsequently traded him to Calgary two days ago and then bought out. He has been switching between Carolina and the AHL’s Charlotte Checkers for the past five seasons, having played in 27 games for the Hurricanes this year, finishing with just two assists on the season.
Ferraro, a 25-year-old center, is coming off a torn ACL injury which he sustained in the middle of the season after signing with the St. Louis Blues organization a year ago. He never played for St. Louis, however, playing only 22 games for the Chicago Wolves in the AHL. He had seven goals and eight assists. A former second-rounder in 2009, Ferraro has dealt with injury issues for the last few years, but put up 27 goals in 2014-15 in the AHL and had good numbers previous to that.
O’Reilly, the older brother of Buffalo Sabres’ center Ryan O’Reilly, played sparingly for the Sabres for the past two years. The 30-year-old center played 11 games this year for one assist, while three goals and four assists in 20 games in 2015-16.
2017 NHL Free Agency Tracker
Stay with PHR for all of the free agency signings this off-season. As of noon ET on July 1st, unrestricted free agency is open, but not before many extensions earlier in June. This page serves to organize everything in one spot, and are linked to the PHR story that corresponds with the signing. All July signings will be separated by date while June signings are organized alphabetically by team. It will be updated as soon as stories post.
Please note that signings on this list start on June 12.
July 1st:
- Anaheim re-signs Cam Fowler (8 years/$52MM)
- Anaheim signs Ryan Miller (2 years/$4MM)
- Arizona signs Adam Clendening (1 year/$650K)
- Boston signs Paul Postma (1 year/$725K)
- Buffalo signs Benoit Pouliot (1 year/$1.15MM)
- Buffalo signs Chad Johnson (1 year/$2.5MM)
- Carolina signs Justin Williams (2 years/$9MM)
- Chicago signs Patrick Sharp (1 year/$1MM)
- Chicago signs J-F Berube (2 years/$3MM)
- Chicago signs Jordan Oesterle (2 years/$1.3MM)
- Colorado signs Jonathan Bernier (1 year/$2.75MM)
- Dallas signs Martin Hanzal (3 years/$14.25MM)
- Dallas signs Tyler Pitlick (3 years/$3MM)
- Detroit signs Trevor Daley (3 years/$9.534MM)
- Florida signs Radim Vrbata (1 year/$2.5MM)
- Los Angeles signs Mike Cammalleri (1 year)
- Los Angeles signs Cal Petersen ( 2 year ELC)
- Los Angeles signs Christian Folin (1 year/$850K)
- Minnesota signs Ryan Murphy (1 year/$700k)
- Minnesota signs Landon Ferraro (2 years/$1.4MM)
- Minnesota signs Kyle Quincey (1 year/$1.25MM)
- Minnesota signs Cal O’Reilly (2 years/$1.4MM)
- Montreal signs Kyle Alzner (5 years/$22.5MM)
- Montreal signs Byron Froese
- Montreal signs Peter Holland
- Nashville signs Nick Bonino (4 years)
- Nashville signs Scott Hartnell (1 year/$1MM)
- Nashville signs Anders Lindback (1 year/$650K)
- Nashville signs Matt O’Connor (1 year/$650K)
- New Jersey signs Brian Boyle (2 years/$5.1MM)
- NY Rangers sign Ondrej Pavelec (1 year/$1.3MM)
- NY Rangers sign Kevin Shattenkirk (4 year/$26.6MM)
- Ottawa signs Nate Thompson (2 years/$3.3MM)
- Philadelphia re-signs Mike Vecchione (2 years/$1.88MM)
- Pittsburgh signs Antti Niemi (1 year/$700K)
- Pittsburgh signs Matt Hunwick (3 years/$6.75MM
- San Jose re-signs Martin Jones (6 years/$34.5MM)
- San Jose re-signs Marc-Edouard Vlasic (8 years/$56MM)
- San Jose re-signs Joe Thornton
- St. Louis signs Beau Bennett (1 year/$650K)
- St. Louis signs Chris Thorburn (2 years/$1.88MM)
- St. Louis re-signs Oskar Sundqvist (1 year/$650K)
- Tampa Bay signs Dan Girardi (2 years/$6MM)
- Toronto signs Ron Hainsey (2 years/$3.25MM)
- Toronto signs Curtis McElhinney (1 year/$850K)
- Toronto signs Dominic Moore (1 year/$1MM)
- Toronto signs Garret Sparks
- Winnipeg signs Dmitri Kulikov (3 years/$13MM)
- Winnipeg signs Steve Mason (2 years/$8.2MM)
- Vancouver signs Sam Gagner (3 years/$9.45MM)
- Vancouver signs Michael Del Zotto (2 years/$6MM)
- Vancouver signs Anders Nilsson (2 years/$5MM)