Headlines

Go To MLB Trade Rumors
Go To Hoops Rumors

Free Agency

Free Agent Profile: Sam Steel

at CDT | by 3 Comments

The flattened trajectory of the Upper Limit in the NHL in recent years has resulted in teams increasingly opting to non-tender players to avoid the risk of a salary arbitration award coming in higher than what they were willing to pay or could afford.  Some of those players signed quickly while others remained unsigned exactly one month into the opening of the market.

Sam Steel fits in the latter of the categories in an outcome that few could have predicted just a couple of years ago.  A first-round pick back in 2016 (30th overall), Steel was quite impressive in the minors in his rookie campaign in 2018-19, earning himself a 22-game stint with Anaheim.  He did quite well with the Ducks, recording 11 points while seemingly entrenching himself as a staple of their future center plans.

Unfortunately for both him and Anaheim, things have largely gone downhill for Steel since then.  While he has played exclusively in the NHL since then, he hasn’t come close to producing at the per-game levels of his first professional campaign.  As a result, his playing time and role diminished over the last couple of seasons to the point where he was a healthy scratch a handful of times last season.

Still, young centers are hard to come by and often get extra looks with the organization that drafted them.  But Anaheim wasn’t worried about being able to afford his cap hit; they simply wanted to part ways with the 24-year-old.  The perceived upside from a few years ago and the fact he plays a premium position makes Steel one of the more intriguing players still available on the open market.

Stats

2021-22: 68 GP, 6-14-20, -17 rating, 16 PIMS, 66 shots, 46.0 CF%, 49.3 FO%, 12:19 ATOI
Career: 197 GP, 24-41-65, -35 rating, 52 PIMS, 226 shots, 47.5 CF%, 50.5 FO%, 14:09 ATOI

Potential Suitors

While some veteran players are likely hoping to catch on with a team with a chance of a long playoff run, Steel should be looking in the complete opposite direction.  A squad that will give him a chance at earning a 13th or 14th spot on the roster is an opportunity for another season of NHL money but then what?  Another year with limited minutes and production doesn’t bode well for him for the 2023 offseason.  For Steel, finding a landing spot with a team that will give him a chance at seeing somewhat regular playing time is crucial.  That could have him gravitating towards a rebuilding team over a veteran-laden squad with postseason expectations.

In the East, Ottawa is one team that might be a happy medium in terms of playoff hopes with a shot at playing time.  The Sens have cycled through depth centers in recent years and have some younger players that have mostly been minor leaguers to this point that are going to push for playing time plus Dylan Gambrell who was on the fringes when it came to playing time a year ago.  Steel could potentially supplant one of those players and see somewhat regular minutes on a team that should make a postseason push.  The Hurricanes lost both Vincent Trocheck and Derek Stepan this summer.  Stepan’s spot, in particular, could be a spot for Steel.  If Montreal clears out some of its forward surplus in the coming weeks, they could wind up being a bit thin down the middle, creating an opportunity there as well.

Out West, Arizona has several young centers already but two of them – Jack McBain and Nathan Smith – haven’t played in the AHL yet.  If the Coyotes prefer to give one of them top minutes in the minors, that could create a spot for him on a team that could justify playing him heavy minutes in a rebuilding year.  The Jets need to add some forwards to fill out their roster and no established centers have been added yet to replace Andrew Copp (moved at the trade deadline) and Paul Stastny (currently a UFA).  If Minnesota would prefer Marco Rossi to get more time in the minors, a spot on the middle of their fourth line might be a fit as well.

As a player that will likely have a limited role to start wherever he winds up, Steel might be better off waiting until partway through training camp to sign when preseason injuries could open up playing time opportunities that aren’t presently there although that approach certainly carries some risk.

Projected Contract

At this point, with the year that Steel had and the fact he remains unsigned at this point, it’s hard to imagine him receiving more than the league minimum.  He has two years of team control remaining through arbitration but, again, that can work against players that are lower on the depth chart.  If a team wanted a two-year commitment to avoid that arbitration risk next summer, Steel might be able to get a bit more than the minimum but otherwise, he’s likely to sign for $750K wherever he winds up in the coming weeks.

Photo courtesy of USA Today Sports Images.

Free Agent Profile: Jonathan Dahlen

at CDT | by 2 Comments

When the list of pending RFAs who were not being tendered a qualifying offer came out shortly after the deadline for teams to make the offer passed, plenty of interesting names headlined the list, such as Sonny Milano, Haydn Fleury, Brendan Lemieux, Nicolas Aube-Kubel, Dominik Kubalik, and Dylan Strome, just to name a few. Some of those players went on to sign relatively strong free agent contracts with other teams, Strome being the prime example; some returned to their teams at a cost more palatable to the organization, like Lemieux who signed for $1.35MM over one year, less than the $1.65MM qualifying offer he was due; and some players have yet to find a home.

One of those players yet to find a home is forward Jonathan Dahlen, who was non-tendered by the San Jose Sharks. While there are some non-tendered players for whom it be clear why they haven’t found a home for 2021-22, with Dahlen, it may be a bit puzzling. At 24, Dahlen just wrapped up his rookie season in the NHL, where he scored 12 goals to go with 10 assists in 61 NHL contests. Dahlen’s rookie season wasn’t the most impressive in history, or even this season, however it did represent a capable and overall solid season from a player who has taken some time to develop and adjust to the North American game.

A second-round pick of the Ottawa Senators in 2016, Dahlen was traded twice before he ever had the chance to make his NHL debut. Less than a year after he was drafted, Ottawa moved him to the Vancouver Canucks in the deal that sent Alexandre Burrows to the Senators. Almost two years to the day later, Vancouver dealt him to San Jose for Linus Karlsson. Prior to his North American debut, Dahlen established himself as a reliable scoring threat in Sweden, with 29 points in 51 games as an 18-year-old for Timra in Sweden’s second-highest league in his draft year. The forward broke out and built on his performance with 44 points in 45 games and 44 points in 44 games over each of the next two seasons.

With the Swedish success bolstering his development, Dahlen came to North America, playing his first full season in 2018-19, where he had 33 points in 57 games split between the Utica Comets and San Jose Barracuda in the AHL. Although it was far from a poor performance, it wasn’t the step forward imagined for Dahlen, who would return to Sweden and Timra for another season. Here, Dahlen became a star, putting up a whopping 36 goals and 41 assists in a mere 51 games, following that up with 25 goals and 46 assists in 45 games the year after.

Powered by his stardom with Timra, Dahlen returned to North America for the 2021-22 season and much like his first go of it, it was good, but it just wasn’t the next step of repeating the Swedish performance over here. His 22 points ranked him 11th among all NHL rookies, his average time-on-ice also ranking 11th among rookies who had at least 40 games played. More concerning, however, was a -25 rating which was lower than his entire point total and came with a relatively good 52.0 CF%, all of which put together raises some concerns about Dahlen’s game. Considering the flat-out elite performances he’s had in Sweden, it’s easy to understand why Dahlen’s NHL debut was underwhelming, if not disappointing. But, that said, if he is in fact interested in staying in the NHL, it’s interesting to see that he remains unsigned roughly a month after he hit the market.

Stats:

2021-22/Career: 61 GP, 12 G, 10 A, 22 pts, -25 rating, 12 PIMs, 105 shots, 52.0 CF%, 13:48 ATOI

Potential Suitors:

Given some of Dahlen’s struggles, most highlighted by the -25 rating, many teams could be wary about giving opportunities to a player that may struggle this much in his own zone, as compared to the offense he does bring. On the other hand, for some teams that risk may be worth taking if they view Dahlen’s 22 points as something that is less than his capability in the NHL and something that their organization can help to grow.

Regardless of whether a team can develop his game or not, Dahlen could be a target for an older team with less payroll flexibility that’s looking to add a spark. Unlike many of the players profiled in this series, Dahlen is rather young, still just 24 for another four months and could, even as a depth player, add some energy when he is on the ice that players perhaps 10 years his senior can’t physically bring anymore.

Another option for Dahlen, one that may be fairly enticing at this point, would be to return to Sweden, or another European league. History shows that Dahlen can handle the North American game and produce when he’s on the ice, but in Sweden’s second league, he becomes and MVP caliber star. For a player like Dahlen, the opportunity to be at the forefront of a league close to home, playing first line minutes, could be an extremely attractive opportunity, especially if the alternative is a more limited role far from home, perhaps not even in the NHL.

Projected Contract:

The forward made $750K last year as a rookie and with that figure being the minimum salary in the NHL for 2022-23, the Sharks were seemingly unwilling to bring back Dahlen even at that number. If Dahlen is to secure a contract for next season, the most likely opportunity will be on a two-way deal or a PTO, and the result of the PTO may still be a two-way deal. This reality still wouldn’t be a bad thing, a two-way deal possibly affording him chances to play in the NHL next year, and given his age and former prospect status, teams would still give close consideration to his progress and skillset looking for a bargain.

Free Agent Profile: Derick Brassard

at CDT | by 6 Comments

Once again, the height of free agency has come and gone and veteran journeyman Derick Brassard finds himself without an NHL contract heading into next season. Though not an ideal situation, Brassard may not be too uncomfortable, having been in this situation each of the past few years, the team at PHR profiling the forward in this series each of the previous three offseasons as well (2019, 2020, 2021). Brassard may find himself looking for a contract late in the game for a fourth straight offseason, but given the value he brings and his ability to secure a spot each year, there is reason for optimism.

Once an important top-six piece for some talent-rich New York Rangers teams competing for Stanley Cups, Brassard’s role, and team, has changed plenty since. After being a top draft choice of the Columbus Blue Jackets, he found early success and was eventually dealt to the Rangers as the main piece for Marian Gaborik. The center thrived during his time in Manhattan, hitting a career-high 60 points in 2014-15 and a career-high 27 goals the following season. While there, he also joined the Rangers on four straight playoff runs, including a trip to the Stanley Cup Finals in 2014. As the Rangers’ run of success wound-down, they chose to move Brassard to the Ottawa Senators, ultimately bringing in Mika Zibanejad in the process.

With the end of his Rangers run, Brassard began his journey down the path of a journeyman, spending a season-and-a-half with Ottawa, followed by stops with the Pittsburgh Penguins, Colorado Avalanche, Florida Panthers, New York Islanders, Arizona Coyotes, Philadelphia Flyers, and Edmonton Oilers. Turning back to the first of those Free Agent Profiles, Brassard wound up signing a one-year, $1.2MM deal with the Islanders at the conclusion of a five-year, $25MM pact. The move paid dividends for both sides, Brassard recording 32 points in 66 regular season games for the Islanders, adding another eight points in 18 playoff games in the bubble.

At the conclusion of the season, the Islanders let Brassard go and after another slow offseason and Brassard signed with the Arizona Coyotes for one-year at $1MM, giving the rebuilding Coyotes a veteran presence in their lineup on top of 20 points in 53 games. The veteran once again had a slow offseason in the summer of 2021, but found work, this time on a one-year, $825K deal with the Philadelphia Flyers, who moved him to the Edmonton Oilers at the trade deadline. Between both teams, Brassard managed 19 points in 46 regular season games, though 16 of those points came in just 31 games as a member of the Flyers, somewhat of an impressive return to form for the 34-year-old.

Stats:

2021-22: 46 GP, 8 G, 11 A, 19 pts, +4 rating, 16 PIMs, 62 shots, 52.0 CF%, 12:55 ATOI

Career: 951 GP, 202 G, 320 A, 522 pts, -31 rating, 435 PIMs, 1,843 shots, 55.9 CF%, 15:56 ATOI

Potential Suitors:

Given Brassard’s presumably low price-tag, most NHL teams would be able to fit the veteran in, however who would be interested is another question. With his production dropping off rather steeply over the previous five years, finding any sort of significant role on a contender might be tough. After his time with the Islanders, making a run to the Conference Finals, Brassard played with Arizona in 2020-21 and the Flyers in 2021-22, both teams that struggled, but was ultimately traded to the Edmonton Oilers. Brassard played in 15 games with Edmonton down the stretch, but averaged just 9:53 of time on ice, down significantly from the 14:22 he averaged in Philadelphia and played just one playoff game during Edmonton’s run to the Western Conference Finals.

Rough as that may sound for Brassard, it doesn’t mean there isn’t an important role for him to play somewhere. In fact, he did impress during his time with the Flyers, averaging more than half a point per game with them. When he is given the opportunity to produce via ice-time, he generally does; however, it may only be a rebuilder that can give him that opportunity. What’s more is Brassard has proven to be a responsible forward who can make the right play anywhere on the ice and shift around a lineup, a player who might be a terrific fit to work alongside a team’s young players, creating and finishing opportunities with them and cleaning up mistakes they may make. That said, a return to Arizona or Philadelphia, or somewhere new like the Chicago Blackhawks, Montreal Canadiens, or Seattle Kraken may make sense.

Projected Contract:

Unfortunately for Brassard, he has seen his salary dip each of the past three seasons, coming from $3.5MM in 2018-19 (the final year of a five-year, $25MM front-loaded deal with a $5MM AAV), to $1.2MM to $1MM and finally to $825K this year. Most likely, Brassard won’t sign for more than the $825K he had last season and it could be as low as the $750K minimum salary. With his career track record and his performance this year, especially with the Flyers, it’s hard to imagine Brassard is headed for a two-way contract, but that reality is certainly possible. More likely, and perhaps most likely, is that Brassard will accept a PTO from a team and attempt to either make that team, or hope to impress enough to be released from the PTO and sign an NHL deal with a club in need of a versatile veteran forward.

Moving from city to city year in and year out, sometimes with multiple stops in a season can be incredibly stressful on a player and their family, and Brassard is likely no exception. However, this system may be the way of the future for the soon-to-be 35-year-old if he wants to stay in the NHL. On the bright side, his ability to adapt to environments and maintain his solid, responsible play is another attractive feature to his game for a front office and coaching staff.

Free Agent Profile: Sam Gagner

at CDT | by 4 Comments

The 2007 NHL Draft ended up bringing many superstars into the league, most namely Patrick Kane, Max Pacioretty, P.K. Subban, Ryan McDonagh, and others, but one forgotten name from that class is Sam Gagner. After a 15-year NHL career that’s included 967 games and 505 points, the journeyman forward finds himself without a team for the 2022-23 NHL season.

Gagner never quite reached his sixth-overall billing, hitting the 50-point mark only once, but he’s been nothing if not serviceable depth for a long time in this league. With a bit of a reduced role in Detroit last season, he actually produced his best offensive numbers since the mid-2010s. In a fourth-line role on a rebuilding team, Gagner still managed solid possession results all things considered, and there are certainly worse options to have in the faceoff circle in a pinch. It’s probably not a great bet to expect anything more than 10 goals and 25 points out of him, but on the league-minimum salary that he’ll undoubtedly cost, again, there are worse options.

33 years old now, Gagner presents a case for one of the more dependable, versatile options on the open market for low-risk veteran forwards. Whether anyone actually takes a swing on the former top-ten pick remains to be seen.

Stats

2021-22: 81 GP, 13 G, 18 A, 31 PTS, -4 rating, 32 PIMs, 132 shots, 13:37 ATOI
Career: 967 GP, 184 G, 321 A, 505 PTS, -133 rating, 427 PIMs, 1982 shots, 15:57 ATOI

Potential Suitors

The Winnipeg Jets jump out as a team with playoff aspirations that not only have ample cap space, but a clear roster need for depth forwards as well. While money won’t be a concern with accommodating Gagner, Winnipeg lacks forward depth with NHL experience at the bottom of the lineup. While Gagner may not be able to repeat last year’s production, he’s probably a safer bet to be an everyday NHL player than a player like Kristian Reichel or Morgan Barron.

Another Canadian team in a similar position, although maybe not with as much need, is the Ottawa Senators. Gagner could provide some competition at the bottom of the lineup for players like Parker Kelly, and he’d certainly provide more offensive upside than other veterans in the organization like Scott Sabourin and Jayce Hawryluk.

If Gagner does sign with a new team this offseason, it’ll be his seventh since entering the league.

Contract Projection

A player in Gagner’s position likely wouldn’t earn more than the $750K league minimum on a one-year deal. It’s also entirely possible that Gagner, similarly to players in years past like James Neal, has to settle for a professional tryout contract (PTO) to keep his NHL career (and dream of hitting 1,000 NHL games) alive.

Photo courtesy of USA Today Sports Images

Latest On Nazem Kadri

at CDT | by 6 Comments

One of the running jokes of free agency every year is that if a player hasn’t signed for a while, they probably have a deal with the New York Islanders and Lou Lamoriello just hasn’t announced it. That’s what has been fueling rumors for Nazem Kadri, one of this summer’s top options who remains unsigned partway through August.

Frank Seravalli updated the situation on The DFO Rundown for Daily Faceoff today:

My understanding is [Kadri’s camp] have continued to engage with other teams. For all the reports that Kadri has something locked up with the Islanders, I think that is premature to say. I do think the Islanders have been one of the teams that have been in conversation with Kadri, I think they have put an offer on the table.

Other teams have told me they believe [the Islanders offer] is in the $7MM x 7 range for Kadri. At this point obviously it is not signed, and the fact that they continue to talk to other teams tells me at least that they haven’t agreed to terms with the Islanders. May he end up there? It is certainly possible, but they also have to move money there to make it work. 

The Islanders do have more than $11MM in free cap space at the moment (according to CapFriendly’s projections) but still have Noah Dobson, Alexander Romanov, and Kieffer Bellows to factor in as restricted free agents. Dobson especially is expected to take up a huge chunk of that open space should he sign a long-term deal after his breakout 2021-22 campaign. The 22-year-old defenseman had 13 goals and 51 points in 80 games for the Islanders, establishing himself as a premier offensive defenseman in the league, while playing more than 21 minutes a night.

That means fitting Kadri will be difficult, and if Seravalli’s sources are right that the free agent’s camp is still talking to other teams, the Islanders don’t have that plan in place just yet.

Kadri, 31, is coming off a career-best 87-point season with the Colorado Avalanche that eventually resulted in his first Stanley Cup championship. The dynamic center can do just about everything on a hockey rink but still would represent plenty of risk on a seven-year deal. Not only will he turn 32 in October just before the season begins but has a history of supplementary discipline that removed him from important series for both the Toronto Maple Leafs and Avalanche.

Locking him into a big-money, long-term deal would be a bold move for the Islanders, who already have several players with rather hefty cap hits for multiple years and important negotiations right around the corner. Ilya Sorokin, for instance, is only signed through 2023-24 before he is scheduled for unrestricted free agency, while Mathew Barzal will be an RFA again next summer.

Still, it’s hard to know who they are really fighting against at this point, given how capped-out so many contenders are this deep into the summer. Only a handful of teams project to have the space available to fit in a $7MM center, and most of them would likely have no interest in adding a player of Kadri’s age. Remember that even Seravalli’s information could be a negotiating tactic from the Kadri camp, as they try to work out the best deal possible in New York.

Comparing The Johnny Gaudreau, Jonathan Huberdeau, And Matthew Tkachuk Contracts

at CDT | by 6 Comments

The 2022 offseason has been a particularly memorable one thus far and is still not over. When we think back to this offseason years from now, the likely storyline that will be remembered most will be the major contracts and superstar shuffling that primarily involved the Calgary Flames. In a matter of days, Calgary lost franchise cornerstone Johnny Gaudreau to the Columbus Blue Jackets in free agency, found out that their other cornerstone Matthew Tkachuk would not consider a long-term extension with them, traded Tkachuk with an extension in place to the Florida Panthers, who proceeded to send their own franchise player in Jonathan Huberdeau back to the Flames alongside star defenseman MacKenzie Weegar, with Huberdeau ultimately signing his own massive extension.

That’s enough franchise-altering transactions to last some teams a decade or two, but Calgary fit it in in under a month, and all of this before even considering the impact these all had on Columbus and Florida. With the dust finally starting to settle and only Weegar left to deal with in Calgary, the attention can begin to turn to how these players will fit in with their teams, how their teams will build around them, and of course, how these contracts will ultimately play out.

Seeing as the three star forwards have a combined zero games played on their current contracts, it feels a bit premature to judge the contracts. However, given previous history with big-money deals like this and the fascinating nature in which they all came about, seeing how they all compare to one another and what each team might be faced with is an interesting exercise. Because it’s premature, we’ll look at previous history and we’ll consider what is more probable to happen rather than what is possible to happen. In other words, it’s possible Huberdeau immediately regresses into a third-line winger, but not probable. Instead, it’s probable he’s a similar player to the one he has been with some regression in his mid-30’s.

So, on this quiet Sunday in the NHL, take some time to carefully compare and contras these different contracts, not only to each other, but those from recent NHL history.

Johnny Gaudreau

The Contract: Gaudreau signed a seven-year, $68.5MM contract on the opening day of free agency with Columbus, who was then considered a surprise dark horse for his services. The deal carries a $9.75MM cap hit, comprised of $7.75MM in base salary and a $2MM signing bonus in each year of the contract. It also comes with a no-movement clause and a modified no-trade clause in the final three years of the deal where Gaudreau can submit a list of 10 teams he is willing to be dealt to.

Reasons for Optimism: Even at just 29, Gaudreau is a seasoned veteran of the NHL who has had plenty of personal and team ups and downs throughout his career. He was fortunate to have by far the best season of his career prior to hitting the free agent market, but this wasn’t exactly a breakout season either. Gaudreau put up 115 points this season, 40 of them goals, but has had as many as 99 points in the past, 36 of those goals, in 2018-19, a season where offense wasn’t up nearly as much as it was this year.

Also worth considering is Gaudreau’s production while playing alongside players like Tkachuk, Elias Lindholm, and Andrew Mangiapane. Some may argue that players like these simply serve to enhance Gaudreau’s numbers, however he was able to balance his need for puck control along with the needs of his teammates, creating a heap of goals and assists for not only himself, but the others, Tkachuk and Lindholm hitting the back of the net 42 times apiece and Mangiapane 35 times this season. On top of this, his 90 even strength points this year serve to show Gaudreau’s impact is not simply felt when his team is in the most offensively-favorable situations, but rather when the game is at its most balanced.

Reasons for Concern: Listed at 5’9″ and 165 pounds, Gaudreau is among the smaller players in the league, though size hasn’t been an issue thus far. The primary reason Gaudreau has been as great as he has, even with his size, is his elite skating. Gaudreau has been able to utilize his speed in order to protect the puck, create plays and make space for himself and his teammates, driving much of his dynamic gameplay. The forward hasn’t taken much of a step back and doesn’t figure to for a few more seasons, however as he gets into his mid-30’s, it stands to reason that some of his speed may be lost, and though he’ll be far from slow, what impact that has on his play style, especially given his frame, could have an impact on his performance.

Another worry as far as the value of the contract is concerned is Gaudreau’s previous inconsistencies. Yes, he has played near this level of elite in the past and his “lesser” performances have still been All Star level, but with a cap hit of $9.75MM, now Gaudreau’s ability to perform at this elite level year in and year out will be a prime factor in how his contract is evaluated long-term.

Jonathan Huberdeau

The Contract: Unlike Gaudreau and Tkachuk, Huberdeau’s contract doesn’t kick in for another year. The longtime Panther forward signed an eight-year, $84MM contract that will begin in the 2023-24 season, with one year at $5.9MM remaining on his current deal. The upcoming contract carries an AAV of $10.5MM with varying signing bonuses and base salaries. In sum, Huberdeau will take home a $7MM signing bonus in the first, second, third, and sixth year, a $9.5MM signing bonus in the fourth, fifth, and seventh years, and a $5MM signing bonus in the eighth year, with the remainder to be paid in base salary, constituting an even $10.5MM per season. His deal will also provide a full no-movement clause which allows Calgary limited trade availability in the final two years, Huberdeau picking 12 teams he is willing to be traded to. Given the even spread of salary, high signing bonuses and very strong movement protection, one could consider Huberdeau immovable and buyout proof for the next nine years.

Reasons for Optimism: Huberdeau’s 115 points in 2021-22 tied him for second in the NHL alongside Gaudreau. Also like Gaudreau, 2021-22 represented somewhat of a breakout for the winger, who was already playing at an elite level, but took another step forward in his production. The former Panther averaged 1.12 points-per-game in the three seasons prior to this one, stepping up to 1.43 this season. While Calgary is surely betting on him being the player he was this year for Florida, if Huberdeau is more like the player he was in the few years prior, he will still be worth at or around his $10.5MM cap hit, meaning that the Flames do have some room for Huberdeau to take a step back from his 2021-22 without it significantly impacting the value of the deal.

Additionally, Huberdeau’s game is one of an elite passer and playmaker that can find the back of the net plenty as well. However, his game has never necessarily relied on his skating, but instead his hands, vision, and hockey IQ on top of quality skating. It stands to reason that Huberdeau, like Gaudreau and many other players, might lose a step in his mid-30’s, which would be the middle of the contract, however given that his game relies primarily on skills that are unlikely to take the same kind of step back, he should be able to maintain his level of play or something close to it for longer than might be expected.

Reasons for Concern: As discussed, Huberdeau’s contract will be near impossible for Calgary to buyout or move down the road, but that alone is not necessarily a reason to be concerned. The trouble will come if Huberdeau cannot maintain the level of play that turned him into one of the NHL’s premier forwards of the past few years. Although it would seem he could maintain that level of play a bit longer, perhaps into his mid-30’s, the contract runs through Huberdeau’s age-37 season. Even if he were to age well, there are very few recent examples of players at that age that have been worth a cap hit of around $10.5MM. Still, the issue doesn’t have to be black and white, and if Huberdeau can produce at a high level, even if not necessarily worth every penny of his cap hit in the later seasons of the deal, it may not be a bargain, but may not be a disaster either.

Matthew Tkachuk

The Contract: Tkachuk’s contract was an interesting case of a true sign-and-trade. The forward technically signed with the  Flames, who then turned and dealt him to the Panthers. Nonetheless, this was one that both Florida and Tkachuk had wanted and has no effect on the Flames outside of their return. The eight-year, $76MM contract carries a $9.5MM cap hit, the lowest of the three players compared here. The deal carries a largely front-loaded structure paid primarily through signing bonuses, each year of the contract paying just a $1MM base salary.

The first year of the contract contains no protections from movement or trades, but then contains a full no-movement clause through 2027-28. Starting in 2028-29, the final two years of the contract contain a modified no-trade clause where Tkachuk can submit a 16 team no-trade list.

Reasons for Optimism: At just 24 years old, Tkachuk’s eight-year deal carries him through his age 32 season, putting him on the UFA market a few months prior to his 33rd birthday. The main advantage to Tkachuk’s contract as compared to the other two is clearly his age, this long-term deal essentially covering his entire prime. Being able to secure one of the games better two-way forwards, a true elite point producer and perhaps the league’s best agitator all rolled into one for under $10M for his entire prime is nothing short of a major win for Florida, especially as they deal with their own salary cap issues. Even considering the cost to acquire Tkachuk, the team now has two of the games best players in Tkachuk and Aleksander Barkov signed through the 2029-30 season for under $20MM, giving them two players at a set price they can build around for the rest of the decade.

Reasons for Concern: A $9.5MM AAV for a 24-year-old coming off a 42 goal, 104 point season sounds hard to beat in today’s NHL, and it very well might be. But, say, what if that 1.27 points-per-game player actually only provided 0.88 points-per-game? This question will be the main point of concern for the Florida Panthers as they embark on this eight-year journey with Tkachuk, who averaged those 0.88 points-per-game over the three seasons prior to last. The player Tkachuk was over those three seasons, or his entire career for that matter, is no doubt an incredibly valuable asset, but for a cap-strung team, any overpayment on that player, no matter how good, could be an issue. Given his age and previous track record, it’s highly unlikely Tkachuk will be an objectively “bad” player during this contract, but living up to his AAV given he has only produced at this incredibly elite level just once, is of concern.

Not at all Tkachuk’s fault, he will have to contend with the price Florida paid to acquire him. Huberdeau, Weegar, prospect Cole Schwindt, and a first-round pick is a hefty price to pay for any player and that return package will be tied to Tkachuk and his performance as time goes on, especially with Huberdeau and Weegar both in their prime right now, and Huberdeau signed long-term in Calgary. This won’t have any bearing on the overall value of Tkachuk’s contract, but it is worth mentioning given how polarizing the trade itself is.

Other Comparables

The three contracts, all tied to one another and given in short order, will forever bond them to each other. However, since they are all their own, they will have to be evaluated that way as well, and not based on the performance of the others. Also considering that the players haven’t played a single game under their new deals, it’s hard to truly forecast them. One way to make those guesses more educated though, is to look at a few previous examples of similar contracts.

One example is New York Rangers winger Artemi Panarin, who signed a seven-year, $81.5MM contract carrying a cap hit just over $11.64MM per season. Panarin’s cap hit is over a million more per season than Huberdeau at $10.5MM but as a UFA, headed to a brand new team, is a relatable player in some form to all three. Signing Panarin gave the then-rebuilding Rangers a jumpstart, pushing them back into competitiveness quicker than many had imagined, and the winger has played up to his contract thus far. But, having taken somewhat of a step back in this year’s playoffs and on the wrong side of 30 with four years left, the reality of just how immovable Panarin is has resonated with many.

Panarin signing just prior to age 28 aligns most closely with Gaudreau, who signed just prior to turning 29, but carries with him an interesting distinction to all three here: his breakout to superstar status happened after he signed with the Rangers. After tallying a career-high 87 points in 79 games with Columbus in 2018-19, Panarin hit 95 points in just 69 games in his first season in Manhattan, taking his game to new heights. As well and good as this is, it raises the question: if Panarin took another step after signing and hasn’t taken much of a step back at age 30, what will Gaudreau, Huberdeau, and Tkachuk need to do to live up to their contracts?

Another example is John Tavares, who left the New York Islanders to sign a seven-year, $77MM deal with the Toronto Maple Leafs in July of 2018. Much like Panarin, Tavares was everything Toronto was hoping he would be when they signed him, scoring 47 goals for 88 points in his first season. However, since then, the Islanders captain turned Toronto captain hasn’t been able to repeat his success with either team, failing to be a point-per-game player since his Maple Leafs debut. Now 31, admittedly needing to work on his skating, Tavares is far from a bad player by any stretch of the imagination, but his $11MM cap hit has been the subject of almost every Maple Leafs-related contract discussion as the team is forced to make tough decisions about its depth and let some key pieces go. In effect, the Tavares example is one of the player being a great addition and player for his new team, but a big question as to whether the cap hit was worth it in the end.

A final example is Dallas Stars forward Jamie Benn, who signed an eight-year, $76MM contract extension to stay in Dallas during the summer of 2016. Signed three days ahead of his 27th birthday, the deal began in 2017-18, Benn’s age-28 season. Benn was, following a trend, every bit the player they hoped to extend the first year of the deal, putting up 79 points in 82 games, but hasn’t found that production since, finishing this season with a mere 46 points over 82 games. A relatively similar style of player to Tkachuk, Benn’s sharp regression at the age of 29 is a warning sign for any team looking to sign a long-term contract, but especially those seeking to ink a power-forward much like Benn. On the bright side for a Tkachuk comparison, even if the exact same trajectory was true for Tkachuk, an age-29 regression would only impact the final three years of his pact.

Wrapping up, it’s of course way too early to judge these contracts and in all honesty, it will be way too early to judge them halfway through (unless they’re bought out, of course). But considering the polarizing nature of all three, and the readily available examples of long-term, big-money deals, it is an interesting exercise to see what these could look like, not only compared to the league and its salary structure generally, but to one another, given that they will almost certainly be linked together for the remainder of their careers.

Free Agent Profile: Alex Galchenyuk

at CDT | by 7 Comments

Much of the chatter in hockey circles these days focuses around the games best and most eccentric players like Auston Matthews, Connor McDavid, and Nikita Kucherov. Among these storied names, few seem to be talked about as much as former number three overall pick Alex Galchenyuk. The former Canadiens forward was seen as one of the most dynamic prospects in the 2012 NHL draft, a true center with game-breaking playmaking ability, and the future of the Canadiens franchise.

Given where Galchenyuk sits now, a free agent with no contract signed almost a month into free agency, some may feel his career is winding to a close at just 28 years of age. Due to his hype, many also forget just how good Galchenyuk was in his early days with Montreal. Debuting in his first pro season, Galchenyuk had 27 points as a rookie in 48 games during the lockout-shortened 2012-13 season. Seeing as he was still only a teenager, his less-than-incredible production was easily forgiven. However, he would take some time in his development, finally breaking out in 2015-16 with a career-high 30 goals and 56 points in 82 games.

Although that breakout performance was still not at the ceiling many hoped he would reach, it was an encouraging step forward. But, those looking for more wouldn’t find it. Galchenyuk would put up 44 points in 61 games the following season and 51 points in 82 games after that. The young forward was consistent and a quality top-six forward, but still wasn’t as billed and following the 2017-18 season, he was dealt to the Arizona Coyotes, which would begin a career of bouncing around the NHL. Galchenyuk regressed to 41 points in 72 games with Arizona. Following 2018-19, Galchenyuk would spend time with the Pittsburgh Penguins, Minnesota Wild, Ottawa Senators, Toronto Maple Leafs (including time in the AHL), finally returning to Arizona for the 2021-22 season.

This past season represented something of a turnaround for Galchenyuk, playing in 60 games, all with the Coyotes. However, he still couldn’t return to his previous level of production, tallying six goals and 15 assists, four of the goals coming in a single five-game stretch in February. Now a free agent with seemingly little interest, the forward awaits an opportunity to once again prove himself.

Stats:

2021-22: 60 GP, 6G, 15A, 21pts, -11 rating, 32 PIMs, 89 shots, 13:09 ATOI

Career: 643 GP, 146G, 208A, 354pts, -77 rating, 253 PIMs, 1,266 shots, 14:52 ATOI

Potential Suitors:

Considering his likely price-tag, discussed below, Galchenyuk could find a home in any of the 32 NHL teams in theory, however where he is most likely to find a spot is presumably in one of two groups: those in the basement and those married to the cap ceiling. For those teams currently rebuilding, Galchenyuk represents something of an upgrade, and if the forward can rebound, they may be able to deal him to a contender closer to the deadline for an asset. If not, the team is rebuilding and doesn’t have to commit to him any longer than they wish. Galchenyuk could merely be a roadblock for one of that team’s prospects or young players, but for some rebuilders, they may prefer to let those players continue their development in juniors, college, the AHL, or overseas as opposed to a struggling NHL roster, Galchenyuk then becoming a reliable placeholder at the least.

The other option could be a contender up against the salary cap. With his recent struggles, it’s fair to wonder why a contender would want to give Galchenyuk a roster spot. However, this team would more likely than not need a player playing at the league minimum, and if the preference is to give that spot to a veteran who has played, and performed, at this level before, as opposed to a younger, less polished option, then Galchenyuk would be a fit.

Projected Contract:

Coming off a 21-point season as a former 30 goal scorer with seemingly little to no interest at this point in free agency, a tryout with an invitation to training camp is probably Galchenyuk’s best bet for his next contract. If he impresses in training camp, he could easily turn that tryout into an NHL contract. Another benefit to this option is that teams that may not have particular interest in Galchenyuk could invite him to camp and allow him to open eyes around the league as other teams who may not have considered him gain places on their roster due to poor performance or injury. If the veteran is able to find a guaranteed contract this offseason, it’s very unlikely it would be for anything more than the league minimum.

Given his situation, the best option for Galchenyuk would not necessarily be the best contractual option, but a situation where he could succeed and begin the process of becoming the player he was with the Canadiens several years ago. A reunion with Montreal, who are currently rebuilding and could look to add veterans to their group as their young prospects develop, is an intriguing proposition, given that is where the overwhelming majority of Galchenyuk’s NHL success has come.

Snapshots: Free Agents, Oesterle, Bolduc

at CDT | by 1 Comment

Nearly a month into free agency, several notable UFAs remain unsigned.  One agent suggested to Adam Proteau of The Hockey News that it might be a strategy on their part.  At this point, not many teams have cap space to offer contracts that are well above the minimum salary.  However, if they wait until training camp or even early in the season when injuries arise, those teams might be able to use LTIR and potentially offer a higher salary than they’d be able to now.  That approach certainly carries some risk but in an open market that has been tighter than expected for some veterans this summer, it could work out in the end for one or two of them if that is the route they’re taking.

Elsewhere around the NHL:

  • With Detroit adding Ben Chiarot, Olli Maatta, Robert Hagg, and the injured Mark Pysyk this offseason, Ted Kulfan of the Detroit News pegs blueliner Jordan Oesterle as someone whose roster spot for next season could be in question. The 30-year-old played a limited role last season as he had eight points in 45 games while averaging a little over 18 minutes a night.  With a $1.35MM AAV, that’s on the more expensive end for depth defenders although if the Red Wings were to waive him and send him down if he cleared, they’d be able to clear all but $225K off their cap for next season.
  • With the Blues having some openings at the bottom of their roster, Jeremy Rutherford of The Athletic suggests (subscription link) that there’s a chance that Zachary Bolduc could break camp with St. Louis to start next season. The 2021 first-round pick is coming off a dominant year with Quebec of the QMJHL where he scored 55 goals and added 44 assists in 65 games.  That could be enough to at least get him a nine-game look like Jake Neighbours received a year ago.

Free Agent Profile: Sonny Milano

at CDT | by 5 Comments

Before 2021-22, it looked like Sonny Milano’s career was headed in the direction many other former top prospects’ careers had gone. A talented run of scoring at lower levels, a solid first season in pro hockey, and then a stagnant development track that leads to an inability to hold down an NHL spot. That’s seemed to be where Milano was going.

The 16th overall pick at the 2014 draft, Milano’s puck skills and overall creativity made him an intriguing forward prospect. After a successful year in the OHL in his first season as a Blue Jacket, Milano made the transition to pro hockey, playing in 54 games for the AHL’s Cleveland Monsters. He played decently well, scoring 31 points, and even earned a three-game cup of tea at the NHL level.

From that point, Milano progressed slowly, but steadily. He had another productive AHL year, a few more NHL games, and then finally got an extended look in Columbus in 2017-18, scoring 14 goals and 22 points in 55 games. The offensive talent was there, but Milano’s struggles away from the puck meant that his NHL role was limited and his overall usage inconsistent. Under a demanding coach like John Tortorella, Milano needed to become a more well-rounded player in order to thrive, and he wasn’t able to.

Milano was dealt to the Anaheim Ducks in February 2020 for Devin Shore, and then missed most of 2020-21 due to an upper-body injury. He cleared waivers at the start of 2021-22 and then went on to have the most productive season of his career. In 66 games Milano scored 14 goals and 34 points, and featured in highlight-reel plays as a frequent running mate of superstar rookie Trevor Zegras.

It looked like Milano had finally found a home in the NHL, but earlier this summer the Ducks made a surprising move. They chose not to issue Milano a qualifying offer and let him hit unrestricted free agency, where he remains today. So, why might Milano still be on the market?

Well, it likely comes down to his flaws away from the puck, the holes in his game that have dogged him for his entire career. We know what Milano can do. He can stick with talented players and help finish their plays. He can dazzle with his creativity and help drive offense. But he can also hurt his team away from the puck and struggle to make any sort of impact when he’s not “on.”

His inability to polish his game is likely why he remains unsigned, but that doesn’t mean there’s no place for him in the NHL. Despite the issues in his two-way game, Milano is still an undoubtedly talented offensive player. He’s also still young at just 26 years old, and the combination of his offensive skill level and age isn’t easily found at this stage of the offseason market. Some teams might be weary of his overall profile, but the bottom line with him is that he can help a team score goals, so he’ll find a way to catch on somewhere.

Stats:

2021-22: 66 GP, 14G 20A 34pts, -9 rating, 10 PIMs, 94 shots, 15:17 ATOI

Career: 197 GP, 36G 45A 81pts, -26 rating, 46 PIMs, 255 shots, 13:15 ATOI

Potential Suitors:

Based on Milano’s profile on the ice, he’ll likely fit best on two types of teams: cap-strapped contenders looking to add some more offensive juice to their attack, or rebuilders who want to take a flyer on a relatively young free agent to occupy a roster spot and protect their current young forwards from being rushed to the NHL. With those two types of teams in mind, there are a few franchises that could make sense for Milano.

One team that makes sense for Milano is the St. Louis Blues. The Blues had one of the deepest top-nines in hockey last year, but the loss of David Perron this offseason means there could be a hole in their top nine that needs to be filled. They don’t have a ton of cap space, but assuming they can find room for Milano he could be a solid add to their lineup. He would have quality linemates to feed off of in St. Louis and would give coach Craig Berube more options as to how to deploy his top three forward lines.

Perhaps most importantly, the Blues have an overabundance of talented forwards who are responsible in their own end, such as Ryan O’Reilly, Ivan Barbashev, and Pavel Buchnevich. Their presence could limit the negative impact of Milano’s poor defensive game and free him up to focus on the offensive side of the ice.

Another club that could make sense on a one-year deal is the New York Rangers. Like St. Louis, they have a wealth of talented forwards to stick Milano with. The Rangers also have a pretty wide-open right side of their forward group, and although Milano is a left winger he could possibly slot in and compete with Vitali Kravtsov, Kaapo Kakko, and Sammy Blais for minutes on one of the Rangers’ top-two lines.

One club that is rebuilding that Milano could fit with is the Chicago Blackhawks. He would be a similar signing to their prior deals with Andreas Athanasiou and Max Domi, only at a lower cost. Milano would help the Blackhawks fill out their top two lines and keep them from needing to rush Lukas Reichel into a top-six role. The Blackhawks’ roster is among the weakest in the league, and adding a scorer like Milano would be wise in the case that he has a productive first half to his season, as he then could become a flippable asset at the deadline.

Projected Contract:

If a free agent is still available in August, they probably won’t be able to issue huge salary demands to interested teams, save for special cases like with still-unsigned center Nazem Kadri. As a result, Milano’s next deal is unlikely to pass the $1.7MM figure he played on last season. A one-year deal at around $1MM seems like the most likely outcome at this point, if he’s getting an NHL contract.

Adding a player in his mid-twenties who scored at a 42-point pace for just $1MM against the cap is a solid bit of business for many teams. But a team will have to be confident in their ability to properly utilize Milano so he doesn’t end up a net negative thanks to his defensive play.

Finding a proper fit in a lineup could be a challenge, but it’s far from impossible. At a cost at or below $1MM, Milano could quickly make it worth the hassle for any team that signs him.

Photos courtesy of USA Today Sports Images. Financial information courtesy of CapFriendly.

Free Agent Profile: Calvin De Haan

at CDT | by 4 Comments

When it became clear that the Chicago Blackhawks would be pursuing a no-holds-barred teardown under new GM Kyle Davidson, many presumed that, at the very least, any player on an expiring deal in Chicago would be dealt by the team at the trade deadline. Davidson traded Ryan Carpenter and Marc-Andre Fleury, two players on expiring deals, but one of the team’s top pending unrestricted free agents, Calvin de Haan, stayed put. It seemed curious that a veteran, experienced defenseman with a defense-first game like de Haan would not be dealt as a deadline rental, but that’s exactly what happened.

Now, de Haan’s offseason free agent market is looking a lot like his trade market: curiously slow. Expecting a vibrant, robust market for de Haan would have been a mistake. The veteran of over 500 NHL games has been on the decline, and his health has been a nagging problem since he began his professional career. De Haan has played in a full 82-game season just once, which is worrying due to the fact that he made his NHL debut in 2011-12. He’s had every opportunity but just hasn’t been able to remain available consistently.

Additionally, de Haan’s game has become a bit one-dimensional. In a league where the two-way, transitional defenseman is in vogue, de Haan’s game is a bit of a throwback. To say de Haan is “defense-first” would be an understatement. He’s “defense-only” at this point in his career, with little in the way of offensive utility. He had just eight points in 69 games, and his issues with shoulder injuries have taken a toll on his puck skills. But, even with all that in mind, it still is a bit of a surprise to see de Haan unsigned in August, especially given the leaguewide sentiment of “you can never have too many capable defensemen.”

Despite all the flaws in his overall profile, there still is a place for de Haan in the NHL. His usage has been remarkably consistent throughout his career. He got around 19-20 minutes of ice time per game earlier in his career and now gets around 18 minutes a night with second-unit penalty-killing duties. While some could see his defensive style to be one-dimensional and a negative to his game, others could see value in the steadiness and safety he provides. To use a popular hockey cliche, de Haan is a defenseman who is best when he’s not noticed, and de Haan has become adept at remaining anonymous on the ice as he’s aged. That style isn’t for everyone, but it’s hard to believe that there aren’t any teams in the NHL who want to add that to their roster, even if he does have to spend some time on injured reserve.

Stats:

2021-22: 69 GP, 4G 4A 8pts, -21 rating, 33 PIMs, 107 shots, 18:57 ATOI

Career: 520 GP, 19G 100A 119pts, 0 rating, 195 PIMs, 736 shots, 19:29 ATOI

Potential Suitors:

Based on de Haan’s overall profile, he fits best with a team in need of a steady, veteran defenseman to stabilize their blueline and help them integrate young defensemen into the fold. Given de Haan’s status as a still unsigned free agent, he may not be in a strong enough position to be able to pick and choose his destinations. While he undoubtedly would like to sign with a contender, a mentorship role on a younger team could be a better fit at this stage of his career. Additionally, with cap space at an absolute premium, he may only receive the sort of contract he desires from a team with lots of cap space, and most teams with cap space right now are ones not in a “win-now” phase.

One potential fit for de Haan is the Buffalo Sabres. They had an encouraging season last year, but their team is still remarkably young, especially on defense. Their oldest defender who projects to be in their nightly lineup is Ilya Lyubushkin, who is 28 but has just 211 NHL games under his belt, and just seven career playoff contests. The next-oldest defenseman likely to make their NHL roster is Jacob Bryson, who is just 24 and made his NHL debut in 2020-21. If we assume Mattias Samuelsson will partner with Rasmus Dahlin on the team’s first pairing, as he did at times last season, and Owen Power will slide into a second-pairing role next to Lyubushkin, the Sabres have a possible opening for de Haan on their third pairing next to Henri Jokiharju. Jokiharju, a defenseman with puck-moving ability, could be a solid partner for de Haan and someone whose game could be improved thanks to the stability de Haan would provide.

Additionally, the Sabres have a glut of tweener defensemen in their organization, names like Lawrence Pilut, Chase Priskie, and Kale Clague, who could insulate team from a de Haan injury. They also have nearly $20MM in available salary cap space and just one remaining free agent to tie up, goalie Ukko-Pekka Luukkonen. While there hasn’t been a bidding war for de Haan’s services by any means, the Sabres could make any de Haan deal fit onto their books quite smoothly.

Another fit could be a return to his former team, the New York Islanders. The Islanders’ top-four on defense looks set. The Adam Pelech–Ryan Pulock pairing isn’t going to change anytime soon, and summer trade acquisition Alexander Romanov will likely get a long look next to breakout star Noah Dobson. Their bottom pairing, though, looks a bit more open. Scott Mayfield will play on the right side, but who will be his partner? The team could opt to go young and stick Robin Salo in the role, but if he’s not ready they could be forced to give Sebastian Aho regular minutes, which might not be ideal if the team is intent on returning to the playoffs. De Haan would fit into their current salary cap puzzle and give Salo veteran competition for that third-pairing role, as well as give the Islanders yet another defense-first option to fit into their style of play.

He has familiarity with the organization and a clear place to play in the lineup if the youngsters aren’t ready. Might the team prefer to stick a more up-tempo, pace-pushing option next to Mayfield? Sure, but giving de Haan a contract and a chance to win that job wouldn’t hurt, either.

Projected Contract:

De Haan ranked 49th on PHR’s 2022 Top 50 UFAs list, and was projected to earn a one-year, $1.5MM deal from the Ottawa Senators. A role on the Senators as either a seventh defenseman or competition to Erik Brannstrom for a third-pairing role could make sense, but maybe not at the $1.5MM cost we projected, especially if Senators GM Pierre Dorion is still seeking a big-name defensive addition.

It’s difficult to exactly project de Haan’s next deal, as on paper he’s more qualified than the veteran defensemen who have received one-year, two-way league minimum deals this summer.

But, on the other hand, he’s also had issues with availability and many teams place value on a defenseman who is able to stay in the lineup and remain healthy. It’s definitely possible that de Haan has to settle for a minimum contract with a sizeable minor-league guarantee, but that doesn’t seem likely. A one-year deal with one of the above clubs at a cap number similar to our $1.5MM projection seems like a reasonable outcome for his free agent journey, even if the ultimate number does come in a bit closer to $1MM.

Photos courtesy of USA Today Sports Images. Financial information courtesy of CapFriendly.

Pro Hockey Rumors is not affiliated with National Hockey League, NHL or NHL.com

Do not Sell or Share My Personal Information

scroll to top