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Canucks Notes: Markstrom, Virtanen, Trades

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The Vancouver Canucks went further in the 2020 playoffs than many expected, coming within a single game of the Western Conference Final. GM Jim Benning and head coach Travis Green spoke with the media today (audio via TSN radio) about where the team goes from here, with Jacob Markstrom’s future front and center. The goaltender is a pending free agent who is coming off an excellent season but was injured in the second round leading to Thatcher Demko’s coming-out party. Even with Demko’s performance, Benning was clear about his desire to bring back the more veteran goaltender:

We’re going to try and figure out a way that makes sense for us and makes Jacob and his agent happy. Try and figure out a deal to get him signed. We want him back. We’re going to start working on that this week.

Markstrom, who could potentially hit the free agent market as the best available goaltender depending on some other situations, is coming off his best season in the NHL. Through 43 appearances he went 23-16-4 with a .918 save percentage, a performance that made Benning call him the team’s MVP. Demko is signed for next season at just a $1.05MM cap hit and Benning pointed out multiple times the fact that the Canucks believe they need two strong goaltenders to handle the tough travel schedule of the Western Conference.

  • As for another pending free agent, Jake Virtanen, Benning was a lot less impressed. The 24-year old forward is going to be a restricted free agent for the second time as his two-year bridge deal comes to an end, but failed to make much of an impact in the postseason for Vancouver. Virtanen had his best regular season performance with 18 goals and 36 points in 69 games but scored just three points in 16 postseason matches. Benning was on Sportsnet radio and explained that he was expecting more from Virtanen in the playoffs. Add that to the GM saying that he might have to move on from some young players this offseason in order to recover some draft picks and you can see why the speculation regarding Virtanen’s future in Vancouver instantly exploded.
  • In terms of creating salary cap room, Benning won’t be moving draft picks to do get rid of some of the more onerous contracts on the books. Vancouver is already without their first and second-round picks this year and it’s clear the front office wants to add, not subtract ahead of the draft in early October. Remember, though they have quite a bit of cap room for next season, the Canucks are staring down a 2021 offseason that will see Elias Pettersson, Quinn Hughes and Demko hit restricted free agency all at the same time.

Mikael Granlund To Test Free Agency

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While many teams will be using these next few weeks to try to reach new deals for their pending unrestricted free agents, that won’t be the case for the Predators and forward Mikael Granlund.  Instead, his agent Todd Diamond told Adam Vingan of The Athletic (subscription required) that they intend to test the open market when it opens up next month.  Diamond wouldn’t rule out a return to Nashville but they will see what other options are out there first.

Granlund’s time with the Preds has been littered with its ups and downs.  Acquired at the 2019 trade deadline for Kevin Fiala, the 28-year-old had just a single goal in 16 regular season games down the stretch with his new team and only had a goal and an assist in their first-round exit at the hands of Dallas.  Things didn’t get off to a great start this season either.

However, once John Hynes took over from Peter Laviolette as head coach, things started to turn around for Granlund.  He led the team with 11 goals in 27 games under Hynes while his ice time jumped to over 19 minutes per game as well, numbers that Diamond will surely be emphasizing to potential suitors.  His usage was similar in their Qualifying Round series against Arizona as well as he logged 18:43 per game although he only managed a single assist in four games.

Granlund is one of the more intriguing names in what is a fairly soft market for forwards.  He’s only two years removed from back-to-back 20-plus goal/65-plus point seasons and at his age, it’s quite possible that he could get back to those numbers in the right environment.  He also has experience at center although he has largely played on the wing in recent years; that versatility will also be attractive.

Having said that, two quieter years offensively undoubtedly won’t help his leverage, especially if he’s seeking a long-term contract.  While he will be one of the top forwards on the market, the flattened salary cap will reduce how many teams are willing to pay big money for a long-term deal at a rate close to the $5.75MM he made on his most recent contract.  As a result, he’s one that might be better off looking for a short-term pact in a better offensive environment that would give him a chance to restore some value before hitting the market again where there is more certainty surrounding the economics.  Either way, he’ll be hearing what his options are no matter what with an early contract with Nashville now being ruled out.

Photo courtesy of USA Today Sports Images.

Free Agent Focus: Arizona Coyotes

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While the official start date of free agency remains in flux depending on when the playoffs end (the later of October 9th or a week after the completion of the Stanley Cup Final), many teams are already looking ahead to when it opens up.  There will be several prominent players set to hit the open market while many teams have key restricted free agents to re-sign. Arizona has been in constant turmoil for two decades and now face an offseason with incredible challenges.

Key Restricted Free Agents

F Christian Fischer – What happened to the promising young power forward that scored 15 goals and 33 points as a rookie? Fischer, a second-round pick from 2015, burst onto the scene with the Coyotes in 2017-18 as a 20-year old wrecking ball, using his 6’2″ frame effectively to punish opponents and create offense. Now 23, Fischer is coming off a nine-point season that saw him averaging less than ten minutes a night in the second half. That offensive drop off coincided with plummeting possession stats, while the playoffs didn’t bring much change. In nine postseason games, Fischer recorded just one point. He shouldn’t be expensive for the Coyotes to retain after that dreadful year, but a return to form for Fischer would go a long way in helping the Coyotes lengthen out their lineup.

F Vinnie Hinostroza – You can basically cut-and-paste the disappointing year quotes for Hinostroza, who scored just five goals in 2019-20 after tallying 16 in his first year with Arizona. The 26-year-old forward ended with just 22 points in 68 games, a substantial step backward for a player that was an exciting piece of the Marian Hossa deal in 2018. Unlike with Fischer however, Hinostroza is heading into restricted free agency for the final time, is arbitration-eligible and could potentially be a player the Coyotes walk away from if things are getting too expensive. He’s coming off a contract that paid him just $1.5MM this season, and it’s hard to imagine him providing much excess value for whatever the arbitrator awards.

Other RFAs: D Ilya Lyubushkin, D Jordan Gross, D Dane Birks, D Kyle Capobianco, D Vili Saarijarvi, D Jalen Smereck, G Merrick Madsen, G Adin Hill

Key Unrestricted Free Agents

F Taylor Hall – Here’s where the real tough decisions come for the Coyotes. Nick Merkley, Nate Schnarr, Kevin Bahl, and two high draft picks is what the Coyotes paid for 44 games of Hall. 12 goals, 33 points, and a first-round exit were the return, not exactly what they were hoping for when they made the deal with New Jersey midway through the season. Now, a team operating without a permanent GM is trying to sell Hall on the perks of remaining a Coyote, but it’s hard to imagine him taking any contract before seeing what’s available on the open market. The former MVP is still an excellent offensive player and he’s only 28. While his market may be significantly depressed by the flat cap, that doesn’t mean he’s going to come cheap. The Coyotes aren’t really in a position to be giving out the biggest contract of the offseason, meaning they may end up without a chair when the music stops on Hall’s free agency.

F Carl Soderberg – A veteran forward with a history with the Boston Bruins finished third in goals for the Coyotes in their first season in Arizona. Phil Kessel? No, it’s Soderberg, who ended up with 17 goals and 35 points in 70 games (Kessel had 14 and 38) while playing nearly 16 minutes a night. That ridiculous 14-point season in 2016-17 is the obvious outlier now for Soderberg, who has scored at least 12 goals and 35 points in each of his other six NHL seasons. After just one season in Arizona, Soderberg will be 35 next month and could find himself on the way out given the team’s cap crunch. You can bet other teams are watching to see if the veteran center will hit the open market as a strong depth option.

Other UFAs: F Brad Richardson, F Markus Hannikainen, F Beau Bennett, D Robbie Russo

Projected Cap Space

That flat cap will have several teams struggling to piece together the offseason puzzle, perhaps in Arizona most of all. Even without Hall, the team has more than $80MM committed for next season thanks to expensive extensions kicking in for Darcy Kuemper and Clayton Keller. Hossa’s $5.275MM cap hit will be kept on long-term injured reserve again to give some added flexibility, but even so, the team is going to be cap-strapped in the offseason. That’s exactly the reason why captain Oliver Ekman-Larsson’s name has already been floated in the trade rumor mill, along with several other of the team’s veteran defensemen—Alex Goligoski, Niklas Hjalmarsson, Jason Demers, and Jordan Oesterle are all unrestricted after next season.

If Hall is to come anywhere near a return to Arizona, the team is going to have to move some money out. Does interim GM Steve Sullivan pull that trigger, or will the team wait for their next front-office leader to be hired before issuing sweeping changes to the roster?

Photos courtesy of USA Today Sports Images

Latest On Frederik Andersen

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The Toronto Maple Leafs have now gone another year without winning a playoff series (this time not even getting out of the qualification round) and there are changes coming to the roster. Kasperi Kapanen has already been shipped out of town to the Pittsburgh Penguins for cap space and a draft pick, but more names are swirling in the rumor mill already.

One of those names is starting goaltender Frederik Andersen, who has been already been linked to the Carolina Hurricanes by Elliotte Friedman of Sportsnet. Continuing that story, Friedman was on the radio this morning and explained what he knew about the situation:

The most concrete information I can give you is that since the rumors really got going, I think Kyle Dubas has reached out to Frederik Andersen and spoken to him twice, just to kind of fill him in on what’s happening. From what I understand, [Dubas] has told [Andersen] ’we are not shopping you, but we are getting asked about you. And there are teams that have interest in you.’ 

Where those conversations have gone from there, I can’t tell you. But I know that’s the general tone of the message.

Friedman goes on to say that he doesn’t beleive the Maple Leafs will make a move “just for the sake of making a move.”

There has certainly been a lot of smoke around the veteran goaltender the last few weeks, though it’s not clear exactly how the Maple Leafs will deal with the situation just yet. The most important factor in Andersen’s situation, perhaps other than his struggles during the 2019-20 regular season, is his contract status. Signed only through 2020-21, he would need a new deal from the Maple Leafs if he is to be their starter moving forward. The fact that he will turn 31 next month and just had the worst season of his career doesn’t help his case to sign a long-term deal, but it’s not like Toronto has an in-house option ready to replace him.

In terms of their depth chart, the Maple Leafs did acquire Jack Campbell from the Los Angeles Kings earlier this year, but he has never appeared in more than 31 games in a season. The team locked him up with a two-year extension, but it’s hard to see them handing the keys to him for the majority of the games next year. Joseph Woll and Ian Scott are both interesting prospects but neither one appears to be ready for the NHL, leaving free agency and trade the only options to find an upgrade in net should they move on from Andersen.

Of course, this year may be the best chance to do that given the glut of goaltenders available. Robin Lehner, Jacob Markstrom and Braden Holtby are all scheduled for unrestricted free agency, while other names like Matt Murray (a former Sault Ste. Marie Greyhound, where Dubas cut his teeth in the OHL) and Alexander Georgiev could be available in trade.

If the Maple Leafs are looking for a substantial return in an Andersen trade, it might not be out there. The St. Louis Blues recently had to settle for a third-round pick in a trade for Jake Allen, despite a pretty comparable situation. Andersen is almost a year older than Allen and costs a little more against the cap next season, but both are scheduled to reach free agency in 2021. Allen lost is starting gig in St. Louis last year, but had a much better statistical season than Andersen in 2019-20. While an argument can certainly be made about the defense corps each goaltender is playing behind, it’s hard to see a considerable package coming back to the Maple Leafs in a trade.

There is one more interesting twist in his value however, and that is the fact that $4MM of Andersen’s $5MM cap hit will be paid in a signing bonus this season. That means an acquiring team would only need to pony up $1MM for the year, something that might be very interesting in a depressed financial climate. Andersen also holds a partial no-trade clause, with which he can block moves to ten teams around the league.

Photo courtesy of USA Today Sports Images

Zdeno Chara: “I Want To Stay In Boston”

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The Boston Bruins have several questions to answer as they examine what went wrong against the Tampa Bay Lightning, including how a team known for their defensive structure and strong goaltending allowed 17 goals in four straight losses. Two of the biggest decisions of the offseason sit on that defensive unit, as Zdeno Chara and Torey Krug are both scheduled for unrestricted free agency.

In Chara’s case at least, there’s nowhere he’d rather be than Boston. The 43-year old captain explained just that to reporters today including Amalie Benjamin of NHL.com:

I want to stay in Boston. I want to be a Boston Bruin.

Chara has played on consecutive one-year deals the past two seasons and earned just $2MM in base salary for 2019-20. His effectiveness in the playoffs was questionable at best, but the legendary defenseman still logged more than 21 minutes a night throughout the regular season, usually taking long shifts on the Bruins penalty kill. His possession numbers plummeted, but as a depth defenseman, it will be hard to turn him down.

If Chara does return, he will be working to become just the 13th player in NHL history to suit up for more than 1,600 regular season games. Currently sitting at 1,553 he reached his 1,000th in a Bruins uniform this year and will likely be headed to the Hall of Fame when it is all over.

Krug on the other hand isn’t quite as sure of his return. In fact, today he repeated a line he’s used in the past, saying he’s not sure what the future holds. Krug did make it clear that he would not consider taking a one-year deal because of the cap uncertainty, explaining that he has “bet on himself before.”

The 29-year old defenseman will be one of the very best free agents on the market and is coming off another outstanding offensive season. Krug tallied 49 points in 61 games, taking his streak to seven consecutive seasons (every full campaign of his career) of at least 39 points. One of the best powerplay quarterbacks in the league, Krug has shown his talents in the playoffs before, racking up 52 points in 75 career postseason contests.

Photo courtesy of USA Today Sports Images

Latest On Taylor Hall’s Pending Free Agency

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One of the most interesting storylines to follow this offseason will be the future of Arizona Coyotes forward Taylor Hall. The 28-year old forward took home a Hart Trophy in 2018 after carrying the New Jersey Devils to the playoffs, but has been rather disappointing since. After what looked like a breakout season where he turned into a legitimate superstar, Hall came back with an injury-riddled 2018-19 and found himself traded midway through the 2019-20 season. The Devils received what many saw as an underwhelming return for the former MVP and Arizona didn’t get enough out of Hall to help them push deep into the playoffs.

Now, he’s just a month away from becoming an unrestricted free agent in an offseason that may see salaries squeezed because of the revenue shortage. The NHL has locked in a flat salary cap for the next few years, making mistakes even more dangerous for clubs looking to improve through free agency. In Hall’s case, the forward has expressed a desire to get some stability and head to an organization that has a chance to compete. The Coyotes, after their first playoff appearance in nearly a decade, will try to make him believe that they represent that chance as Darren Dreger of TSN reports Arizona will make another pitch to Hall today to try and re-sign him.

Of course, Arizona doesn’t seem like the most stable organization at the moment. Earlier this summer they had to deal with GM John Chayka’s departure, an ugly public affair that included his resignation just a few days before they were set to start their qualification round. Steve Sullivan took over in the meantime, but just last week the team was hammered by the NHL with a penalty for breaking draft rules. The team was stripped of a first and second-round pick, meaning they currently have just a single pick in the first three rounds of this year and next. In fact, the 2021 third-round pick that they gave up for Hall could even be increased to a second should he decide to re-sign in Arizona.

Losing draft picks is one thing, but according to Elliotte Friedman of Sportsnet, the Coyotes are also potentially going to “test the marketplace” on captain Oliver Ekman-Larsson, who has seven years remaining on his expensive contract. Friedman also mentioned star goaltender Darcy Kuemper as a “very attractive piece” in potential trade talks, though it’s not clear if the Coyotes want to move him. If the team is simultaneously shedding their highest-paid, but best players, it’s hard to imagine the pitch that the Coyotes are giving to Hall to stick around.

Photo courtesy of USA Today Sports Images

Brady Keeper Re-Signed By Florida Panthers

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Even though the Florida Panthers are currently without a GM, the front office is still taking care of business. The team has announced a new one-year contract for Brady Keeper, one of their players scheduled for restricted free agency. The deal will be two-way, though the financial details have not been released.

Keeper, 24, played the entire 2019-20 regular season in the minor leagues, scoring 18 points in 61 games for the Springfield Thunderbirds. An undrafted free agent signing in 2019, Keeper had previously played two seasons at the University of Maine. Interestingly enough, he got into just his second NHL game this summer when he played just over 13 minutes against the New York Islanders, recording two hits and two blocked shots.

It’s hard to know where anyone stands in the Florida organization right now, given the uncertainty in the front office, but there are bound to be some changes coming to the NHL roster before the start of the 2019-20 season. Should defensemen be moved out to shake things up, Keeper will be one of the first men up on the depth chart to try and take a full-time role.

Free Agent Notes: Top-10, Pietrangelo, Crawford

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After the morning news was dominated by the Toronto Maple Leafs and Pittsburgh Penguins completing a trade, you might be wondering what is next for clubs looking to improve their lot. While the trade market is apparently open, free agency—set to start in October—is where a number of exceptional names will be available for nothing more than money. Frank Seravalli of TSN breaks down the ten names he believes are at the top of the list, including three different Florida Panther forwards.

Mike Hoffman, Evgeni Dadonov and Erik Haula are all set to hit the open market and it is not clear if the Panthers will try to retain any of them. In fact, it’s not very clear what the Panthers want to do with any members of their team given the uncertainty in the front office. Florida is still on the search for a new general manager, who will have to quickly make some tough decisions (or engage in brief negotiations) with his trio of pending free agent forwards.

  • The very top name on Seravalli’s list however is Alex Pietrangelo, the St. Louis Blues captain and one of the best defensemen in the entire league. Pietrangelo actually spoke with reporters including Jeremy Rutherford of The Athletic today and explained how much the Blues franchise means to him after a decade manning the blueline in St. Louis. Pietrangelo has always indicated a desire to remain in St. Louis, but in a flat-cap world it’s not going to be easy for the Blues to pull off. The team currently has nearly $79.5MM in salary committed to next season already including expensive extensions that kick in for Brayden Schenn and Justin Faulk. That doesn’t leave room for Pietrangelo, meaning they’d have to clear the deck if they want to bring the 30-year old back.
  • Speaking of players who want to stay put, Corey Crawford was clear in his intentions when speaking with reporters today. As Mark Lazerus of The Athletic reports, Crawford explained that he’s “definitely leaning towards staying in Chicago” but that he does want to be a starter still. Crawford admitted that a short-term deal might work for both him and the Blackhawks—which makes sense given the salary cap situation and the fact that Crawford will turn 36 in December.

Detroit Red Wings Sign Robby Fabbri

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The Detroit Red Wings have signed Robby Fabbri to a two-year contract extension, avoiding restricted free agency with the young forward. The announcement did not include financial details, but Craig Custance of The Athletic reports it will carry a $2.95MM average annual value. Fabbri is coming off a one-year $900K contract he signed with the St. Louis Blues before getting dealt to Detroit in November.

The 24-year old forward has had quite the rollercoaster career so far. Selected 21st overall in 2014, it only took the former Guelph Storm center a year before he was a full-time player in the NHL. Fabbri looked like a star early, scoring 18 goals and 37 points in his first season with the Blues, before leading the team in scoring during a long playoff run. Still just a teenager, he was on a path to becoming a household name and a core piece for St. Louis.

Unfortunately, in February 2017 everything changed. Fabbri tore his ACL and would miss the second half of his sophomore season, starting a brutal stretch that seemed at one point like it would end his career. He re-injured the knee that summer and ended up missing the entire 2017-18 season, meaning there was a 20-month stretch between games for the young forward. After returning to the Blues in 2018 he was a shadow of the player they once knew, and in another season dealing with injuries he managed to score just six points in 32 games.

By the time the 2019-20 season rolled around, the Blues had basically moved on with several other young players taking up full-time roles on the roster. After nine games he was sent to Detroit, where things have turned completely around.

In his first game with the Red Wings, Fabbri scored two powerplay goals after finally finding himself back in the top-six of an NHL lineup. He’d put up eight points in his first seven games with Detroit and finished with 31 in just 52 games following the trade. The fact that the Red Wings got him in exchange for Jacob de La Rose, who has just 37 points in 229 career NHL games, is an impressive feat for GM Steve Yzerman and the Detroit front office. After showing he is still capable of the production he showed early in his career, a nice two-year contract will afford Fabbri some stability financially while he continues to build himself back up.

Florida Panthers GM Search Continues

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The Florida Panthers have been one of the most disappointing teams in the NHL the last few seasons. After collecting plenty of high-end talent including Aleksander Barkov, Jonathan Huberdeau, Aaron Ekblad and even now Sergei Bobrovsky, the team has been trending in the wrong direction. The last time they made the playoffs was in 2016 and they still haven’t won a single series since their 1996 Stanley Cup Final cinderella run.

Recently, they decided to make a move in the front office, relieving Dale Tallon of his duties and beginning a search for a new general manager. Names like Scott Mellanby, Laurence Gilman, and Ron Hextall have all been involved, but a few more candidates have emerged in recent days. On Hockey Night in Canada this weekend, Elliotte Friedman of Sportsnet reported that Bill Armstrong, assistant GM of the St. Louis Blues, has been interviewed, along with NHL Network analyst and former NHL goaltender Kevin Weekes. Today, Craig Morgan of AZ Coyotes Insider adds Sean Burke to the list of interviewees.

The search for the right person to lead the Panthers to glory is obviously a thorough one, but the team does not have a ton of time to complete it. The NHL Draft and free agency will begin just a few days after the league awards a Stanley Cup at the beginning of October, meaning whoever takes over the job has less than two months of preparation if hired today.

With the 12th selection this season, the Panthers are a team to watch at the draft if the new GM decides to make a splash. They selected goaltending prospect Spencer Knight with the 13th pick a year ago and already have several other high-end prospects in the system. Evgeni Dadonov, Erik Haula and Mike Hoffman’s expiring contracts will give the newcomer plenty of cap space to work with, though they obviously may want to retain the services of at least one of those forwards.

The biggest question may come on defense, where the Panthers have nearly $25MM already committed to next season but struggled mightily in their own end. Michael Matheson carries a $4.875MM cap hit through the 2025-26 season but was made a healthy scratch again in the qualification round and is obviously a big question mark for next year.

At any rate, the next GM of the Panthers has a lot of work to do this offseason to vault them back to Eastern Conference contenders.

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