Vegas Golden Knights Looking To Move Out Salary

The Vegas Golden Knights have gone from an empty expansion team roster to a cap crunch sooner than anyone could have expected. The defending Western Conference champs are enjoying another strong season and made a major splash at the trade deadline, acquiring Mark Stone and subsequently signing him to an eight-year, $76MM extension. GM George McPhee made the move knowing that the majority of the roster was locked up through next season and beyond and he would not be forcing anyone out by adding a $9.5MM cap hit to the payroll; or so he hopes. The other side of that coin is the lack of free agents who could depart Vegas naturally this off-season leaves little cap flexibility for the one major extension the team needs to make: top line center and impending restricted free agent William Karlsson

Karlsson, 26, bet on himself this past year when he signed a one-year, $5.25MM deal with Vegas following a breakout 78-point campaign. He hasn’t quite replicated those numbers this season, but with 44 points through 71 games, Karlsson is on a 51-point pace and has at least proven that he is a reliable contributor and will almost certainly be able to command a raise in his next deal, which is likely to be a long-term pact.

The only problem is that CapFriendly currently projects Vegas to have negative cap space next season. Of course, this does not take into account a likely bump in the cap ceiling nor does it exclude the cap hit of the injured David Clarkson, but the Knights have joined the select few teams who are in a legitimate cap crunch, where the salary they need to add to complete their roster does not match up with the space they expect to work with. For now, McPhee is waiting to see what his options are before moving forward in talks with Karlsson. The Athletic’s Jesse Granger reports that the two sides have not talked contract yet and do not plan to until after the season. Even if early discussions go smoothly, that timeline almost assures that Karlsson will again file for arbitration and bad decision for the team side could cause major problems.

As a result, Granger expects the team to work quickly to move out salary this off-season. In addition to Karlsson, Tomas Nosek and Malcolm Subban are also restricted free agents, while veteran leader Deryk Engelland and goal scorer Brandon Pirri are among the UFA’s they might be interested in re-signing. It’s a group of players that each made no more than $1.5MM this season, but new deals even at those same values add up in addition to Karlsson’s demands. Granger expects the Knights to have $5.75MM in cap space, which is likely not enough to re-sign Karlsson, nevertheless these supporting pieces as well. The team could also use an upgrade at backup goalie, moving on from Subban for a more established piece.

So who could be on the move to help clear up space? Granger points to bottom-six forwards Ryan Reaves and Cody Eakin as the most likely trade casualties. Although Reaves is valued more for his checking game and willingness to defend his teammates, his nearly $3MM salary is hard to swallow given his paltry offensive contributions. Vegas could find a much cheaper option to fill Reaves’ role. Eakin is sixth in scoring for the Golden Knights this season, but is seemingly locked into a fourth-line center slot moving forward which doesn’t match up nicely with his contract of just under $4MM. Granger points out that both Reaves’ and Eakin’s contract expires after next season, so moving them may not be hard. However, McPhee could opt to deal from a greater position of strength: Vegas’ surplus of defensemen. The team could try to trade Colin Millerwho costs slightly more than Eakin against the cap and has taken a step back in his development this year. The 26-year-old is signed for three more years, but there are surely teams out there who would still be willing to take a chance on his upside. Other possibilities to clear cap space, albeit smaller amounts, are defenseman Jon Merrill and forward William Carrier.

Whatever McPhee decides to do, it is clear that he must move some salary out and the sooner the better once the off-season gets underway. The Golden Knights’ focus is elsewhere right now, but if this promising team is to keep their core together and continue their impressive start to the franchise, they need to do what it takes to keep Karlsson around long-term, even if it costs them in the short-term to do so.

Panthers, Islanders Expected To Be Active This Off-Season

With the New York Islanders sitting in second place in the Metropolitan Division and the Florida Panthers not yet out of postseason contention, eight points back of the final wild card slot with a game in hand, fans are not yet looking toward next season with plenty of meaningful games left this season. Yet, the two Eastern Conference teams are expected by many to be some of the most active players in the upcoming off-season. The Islanders could have more cap space entering the summer than just about any other team, while the Panthers have not won a playoff series since 1996 and are desperate to take a step forward. Both teams have needs and could look to fill them in explosive fashion this off-season.

Things have gone as well as they possibly could have this season for the Islanders. Despite losing John Tavares and entering the year with an unproven goalie tandem, the team is not only playoff-bound, but also the league leader in goals against average. Robin Lehner and Thomas Greiss have been stellar in net, the team’s young defensemen have taken a major step forward under new head coach Barry Trotz, and the offense has picked up the seemingly insurmountable slack that Tavares left behind. Yet, much of their success could be undone by free agency, which would leave the team in need of making several big additions. Lehner is an impending free agent and the Isles must decide whether or not to commit to the young reclamation project or else seek a long-term replacement, with 33-year-old Greiss only signed for one more year. Yet, the net is not even the greatest of their concerns. Captain Anders Lee and fellow top forwards Brock Nelson and Jordan Eberle are approaching free agency without new contracts. After losing Tavares last summer, it seems almost impossible that New York could also let Lee slip away. But can the same be said for Nelson and Eberle, who are also top-five scoring forwards for the Isles. The team may be in a position where they need to add considerable talent up front, as well as replenish depth.

Currently projected to have the fourth-most cap space of any team this summer, the Islanders could hypothetically re-sign Lehner and their trio of forwards without issue or else find free agents on the market. However, if spending power is not enough to bring in top free agents – like say Artemi Panarin and Sergei Bobrovsky – GM Lou Lamoriello could explore the trade market. The Athletic’s Arthur Staple writes that the Islanders’ newfound depth on the blue line could help to facilitate a major trade. He believes that the team wants to move forward with a young core of Ryan Pulock, Adam Pelech, Scott Mayfieldand Devon Toews on the blue line. He also mentions AHL All-Star Sebastian Aho as another key piece, while recent high draft picks Noah Dobson and Bode Wilde also deserve consideration. This youth movement has made top defenseman Nick Leddy expendable and Staple believes that he is a talent that could bring back an established top-six forward. The Islanders could also look to move veterans Johnny Boychuk and Thomas Hickey instead of or in addition to Leddy. That trade flexibility paired with ample cap space make the Isles a dangerous player on the trade market this summer, if not all of their problems can be fixed via free agency.

In fact, the Panthers could wind up being an ideal trade partner for the Islanders. Florida leads the NHL this season with five 20-goal scorers and has an offensive game and potent power play that few in the league can rival. However, their defense and their goaltending both leave a lot to be desired. The Panthers don’t have the cap space that the Islanders do, but The Athletic’s George Richards believes that the team plans to make trades to free up cap space in order to hit the free agent market with more bargaining power. Florida is another team that has been linked to the Panarin/Bobrovksy package, while they are also a team that could greatly benefit from adding Erik KarlssonRichards writes that the team will be “aggressive” in pursuing top free agents, but that doesn’t mean they will succeed in drawing targets to a non-traditional hockey market.

As such, Florida could also wind up making noise on the trade market and a name like Leddy would be the caliber of player they would like to add. Mike Hoffman and Evgenii Dadonov have enjoyed strong seasons with the Panthers this year, but both have just one season remaining and could be on the trade block this summer. There were also rumors that Jonathan Huberdeau was a player that GM Dale Tallon listened to offers for at the trade deadline again and he could do so again for the team’s highest-paid forward. These are names that will move the needle for other NHL clubs. Veteran goaltenders Roberto Luongo and James Reimer? Not so much. However, the team needs to improve on its poor goaltending and to do so would need to move one (or both) of the tandem costing them a combined $7.933MM. This may involve Florida moving picks or prospects as well. There are many layers to the trade possibilities for the Panthers this off-season, making them a fascinating team to watch.

With weeks remaining in the regular season and the unknown of the postseason yet to come, the status quo could change for either one of these teams. As things stand though, there are major question marks for both squads that at this point don’t look like they can be answered until after the playoffs have ended. As soon as that happens, the Islanders and Panthers will become must-watch teams in how they approach the NHL Draft, the start of free agency, and the summer trade market. Both clubs could look drastically different in 2019-20 by way of an active off-season.

Eastern Notes: Merzlikins, Giroux, Wood, Smith

The Columbus Blue Jackets may be getting another big prospect into the organization sooner than later as The Athletic’s Tom Reed reports that goaltending prospect Elvis Merzlikins will likely soon sign an entry-level deal now that his Swiss League team has been eliminated. The 24-year-old prospect could find himself battling for Columbus’ starting goaltending job next season.

Expect that in the next few days, the Blue Jackets sign Merzlikins, who has been the starting goaltender for Lugano for the last six years, get his immigration papers in order and get him to Cleveland of the AHL to get into as much action as possible before the end of the season. The 24-year-old had an impressive season in the Swiss League with a .921 save percentage and a 2.44 GAA in 43 games this season. A third-round pick in 2014, Merzlikins has opted to stay overseas since drafted, but suggested last summer that he might come over this season. With Sergei Bobrovsky likely headed elsewhere in free agency this summer, the team could give Merzlikins a shot at the starting job.

  • Philadelphia Flyers forward Claude Giroux may miss his first game in more than three years as interim head coach Scott Gordon said that Giroux is ill and will be a game-time decision Sunday, according to Philly.com’s Sam Carchidi. The 31-year-old has played in 256 straight games, dating back to February of 2016. If he can’t play, Justin Bailey will replace Giroux who has 20 goals and 76 points this season for Philadelphia.
  • The New Jersey Devils are without forward Miles Wood once again Sunday as he will continue to sit out with a right ankle fracture despite making the West Coast trip with the team, according to Chris Ryan of NJ.com. Wood, who has been out since Feb. 25, remains day-to-day. The 23-year-old hasn’t been as effective for New Jersey after a breakout 19-goal season a year ago as he has eight goals and 21 points in 56 games this season.
  • Sportsnet’s Nick Kypreos stated on Hockey Night in Canada late last night that Toronto Maple Leafs assistant coach D.J. Smith could draw quite a bit of interest as a head coaching candidate this offseason. Smith was considered a top candidate for the New York Islanders job before Barry Trotz came available and took the position. Smith may get quite a bit of interest from the Ottawa Senators this summer. Ottawa considered Smith back in 2016, but Toronto rejected their request to interview him. They hired Guy Boucher instead.

Zuccarello, Point Will Wait Until Season’s End To Negotiate Next Contracts

The Dallas Stars went out and acquired Mats Zuccarello at the deadline in order to give them some extra secondary scoring, but lost him almost immediately to a broken arm. While he should be back in time to contribute during the playoffs (should Dallas get there), the former New York Rangers forward isn’t using the time off to negotiate his next contract. In fact, Stars GM Jim Nill told Matthew DeFranks of Dallas Morning News that the team will wait until the season is over to discuss any contract extension with Zuccarello.

Nill of course has more to consider than just salary structure and cap hit when it comes to Zuccarello’s next contract. If the Stars decide to re-sign the diminutive forward, they would sacrifice a 2020 first-round pick instead of the third-round selection they sent to the Rangers as part of the package to acquire him at the deadline. Without seeing his impact on the team over a longer term it’s hard to say whether that would be worth it.

In Tampa Bay they are facing a similar situation with young star Brayden Point. Unlike Zuccarello who is set for unrestricted free agency, Point is still controlled as a restricted free agent but will be looking for a huge contract after proving himself to be such an important piece of the Lightning puzzle this season. To that end, Point—who turned 23 today—has told Lightning GM Julien BriseBois that he doesn’t want to negotiate until the end of the year, according to Pierre LeBrun of The Athletic (subscription required). That affords Point another chance to prove he is worth as much as any of his RFA contemporaries, especially if he helps lead the Lightning to a Stanley Cup this season.

In 68 games this season the Tampa Bay forward has amassed 83 points while being one of the most consistent defensive players in the entire league. He leads the Lightning in goals with 37 and would have a case for team MVP if it weren’t for the existence of Nikita Kucherov. A third-round pick in 2014, Point has consistently improved every year and looks like he will be a superstar for a long time in the NHL. It will be interesting to see if he wants to be paid like it right away, or is willing to take a bridge deal like Kucherov did in 2016.

Detroit Red Wings Sign NCAA Top Scorer Taro Hirose

The Detroit Red Wings have added a local product, who also happened to be the highest scoring player in the NCAA this season. The team has announced a two-year entry-level contract with Michigan State standout Taro HiroseThe talented winger led the college ranks in assists, points, and multi-point games this season and now he joins Princeton’s Ryan Kuffneralso signed today, as two top collegiate talents heading to Detroit.

Hirose, 22, is a Calgary native who first started garnering attention as a top scorer in the BCHL back in 2015-16. Many considered it a surprise that Hirose was never drafted, though others have pointed to a lack of size and strength as deterring NHL teams from taking the risk. Hirose has defied the skepticism, taking his talents to Michigan State and excelling, despite a lack of equal ability around him. Hirose has led the Spartans in scoring in each of the past two years, this season taking his game to the next level with an NCAA-best 50 points in 36 games.

Hirose is a strong skater with both straight ahead speed and great quickness and also makes decisions at a fast pace. A high-end play-maker with good vision, Hirose was undoubtedly one of the most creative offensive players at the college level this season. However, the 5’10”, 161-lb. winger is undersized and wouldn’t be the first game-breaking talent out of the NCAA to struggle with the adjustment to the bigger, stronger NHL. He’ll need to continue working and exceeding expectations if he is to keep up his scoring prowess in the pros.

Despite Hirose’s best efforts, Michigan State was bounced early from the Big Ten Conference tournament and he immediately became one of the top targets on the college free agent market. Clearly, there was a draw to staying in-state with Detroit, but there may have been another incentive. It’s unclear as of yet whether Hirose will report to the Red Wings right away and burn the first year of his contract or if he will instead play out the year with the AHL’s Grand Rapids Griffins, but the former is more likely. Hirose is capable of contributing right away to a Detroit team with little left to play for this season and both sides could benefit from an early look at how he fits at the highest level. Even if his debut is held off until next season, Hirose will enter camp as an intriguing candidate for a top-nine role with the Red Wings next year.

Negotiation Notes: Kravtsov, Killins, Signing Deadline

The New York Rangers are closing in on a contract with one of their top prospects. According to Sportsnet’s Mike Johnston, who relays a report from KHL insider Aivis Kalnins, Russian forward Vitali Kravtsov is expected to sign an entry-level contract with the Rangers sooner rather than later. It’s unclear if Kravtsov, whose current club Traktor Chelyabinsk has been knocked out of the KHL playoffs, intends to play immediately this season or if the contract would begin next season. Either way, Rangers fans will be excited to have the talented teenager pushing for a roster spot. Kravtsov, the ninth overall pick in last year’s NHL Draft, stands 6’4″ and plays a physical game, but also has great speed and high-end skill. A total package on the wing, Kravtsov recorded 21 points in 50 games this season, rare production from a teenager in the KHL, as younger players typically receive little ice time. His size and skill set should translate well to the North American game and Kravtsov should find his way to New York without spending much time in the minors. If Kalnin’s report is accurate and Kravtsov signs in the coming days, he may even make his NHL debut this season.

 

Semyon Varlamov Hopes To Re-Sign In Colorado

The Colorado Avalanche haven’t received the level of goaltending they hoped for from Philipp Grubauer after they acquired him from the Washington Capitals last summer and signed him to a three-year contract. He was supposed to replace the outgoing Jonathan Bernier while allowing the team to let Semyon Varlamov walk into free agency without having to pay up for his services. Unfortunately Varlamov has vastly outplayed Grubauer, giving the Avalanche a tough decision on what to do in net this offseason. For what it’s worth, Varlamov has now publicly announced that he hopes to stay in Colorado after speaking with Ryan S. Clark of The Athletic (subscription required):

I want to stay here because I love this team and hopefully I am going to stay and hopefully I’m going to re-sign my next contract with the Avalanche.

Varlamov, 30, has done everything necessary to complicate the decision. The veteran netminder has a .911 save percentage on the year, quite a bit higher than Grubauer’s .896. Notably though, the team does have former KHL star Pavel Francouz playing well in the minor leagues. Francouz is also an unrestricted free agent at the end of the year, and retaining him would likely cost more than the $690K he is earning this year. Still that number would likely be much lower than whatever Varlamov is asking for, given his history as a starter in the NHL and $5.9MM cap hit this season.

The Avalanche have quite a bit to consider this offseason given the restricted free agent status of players like Mikko Rantanen, Alexander Kerfoot, J.T. Compher and Nikita Zadorov, but the decision in net is a make-or-break one for the 2019-20 year. That is easy to see after the team struggled through the middle portion of the season despite still having some of the most explosive offensive players in the league. Bad goaltending can sink a good team, and Grubauer’s play this season has simply not been good enough for a team that considers themselves playoff contenders.

When we asked earlier this season if the Avalanche should trade Varlamov, the overwhelming response was that it was time to move on. The trade deadline came and went without much action though, and now Varlamov has them on the brink of a wild card playoff appearance.

Photo courtesy of USA Today Sports Images

NCAA Notes: Free Agent Market, Fabbro, Briere

With the trade deadline over, the next event for NHL front offices to be focused on is the college free agent market and this year in particular they won’t have to wait very long. Some of the top names on the market belong to teams well outside the top 20-ranked teams in the NCAA and are long-shots for postseason play. With the regular season coming to an end on March 9th and conference tournaments knocking several more teams out thereafter, prominent college free agent signings could be less than two weeks away. Among the early names to watch is NCAA leading scorer Taro Hirosewhose efforts have somehow done little to keep Michigan State out of the basement of the Big Ten Conference. Hirose, 22, is a small, speedy winger with high-end play-making abilities that have helped him accumulate 50 points through 32 games this season. The junior forward could technically return for another college season, but with his stock as high as it may ever be, Hirose is likely to leave. Spartans teammate Patrick Khodorenkoalso a junior, is enjoying a strong year as well and could follow Hirose to the pros. The second-highest scoring skater in college hockey is none other than a defenseman out of Mercyhurst University. Joseph Duszak is having a phenomenal year for a little-known program, recording 43 points through 33 games thus far and routinely showcasing elite puck-moving ability that is turning heads. Diszak is a junior as well, but is very likely to move on. Another top top defenseman is the University of Miami’s Grant Hutton, who spurned NHL offers as a junior last year to return for his senior campaign, but now nothing is stopping him from turning pro. The season hasn’t gone as Hutton may have hoped, both for he and his team, but the well-rounded two-way defender can at least look forward to an NHL contract soon. One final name to watch is Boston University forward Bobo CarpenterBU hopes that they can overcome a disappointing regular season with a Hockey East Conference tournament win, as they did last year, but otherwise the Terriers could be done early this season. Carpenter, the son of former NHLer Bobby Carpenteris the senior captain of the team and has been a dependable scorer for four years who is almost certainly in line for an NHL chance. These five players are only some of the undrafted NCAA stars who could sign pro deals, but they have the distinction of being among the best available and likely to have wrapped up their seasons in a matter of weeks. Look out for signing sooner rather than later.

  • Carpenter’s teammate at Boston University, defenseman Dante Fabbrois an interesting player to watch in the coming weeks, whether he signs or not. The Nashville Predators’ first-round pick in 2016, Fabbro is one of the top defensemen in college hockey is more than ready to move on to the pro game. With the Terriers’ season potentially over in short order, he could sign with the Predators and make his NHL debut before the end of March. The question is whether that’s what he wants to do. Fabbro was a player who some considered a likely trade piece for Nashville at the deadline, but the team opted not to move him. With arguably the best top-four in the NHL and seven veteran defensemen already signed through the 2019-20 season, Nashville is not exactly the land of opportunity for Fabbro. Rather than wait around in the minors, the junior defender could instead opt to return to school for his fourth and final year, after which he could sign with the Predators if the blue line situation is more preferable or instead hold out until August and become a highly sought-after free agent. If Fabbro doesn’t sign with Nashville in the next few weeks, the odds of him signing at all take a significant hit.
  • One of the newest teams to the college hockey ranks has received perhaps its most high-profile commitment to date. Carson Briereson of long-time NHLer and former Phoenix Coyote Daniel Brierehas announced that he is set to join Arizona State University, beginning in 2020-21. Briere, 19, is currently third in scoring in the NAHL with 75 points in 39 games with the Johnstown Tomahawks. A small, but skilled forward, just like his dad, Carson will be a major addition for a Sun Devils program that is already well ahead of expectations and challenging for an NCAA Tournament berth this season. Speaking with The Athletic’s Craig Morgan, Daniel stated that Carson sees the move as “coming home” since he was born in Arizona during Daniel’s early days with the Coyotes after he was drafted in the first round by the team in 1996. Daniel also spoke glowingly of the program’s progress, saying “We believe in what they are building and where they’re heading with their program and Carson wants to be part of it. We have been impressed with their coaching staff and can’t wait to meet everyone that makes it a top destination already after such a short amount of time at NCAA Division I level.”

Florida Panthers Tried To Acquire Mark Stone

The Florida Panthers have cleared a large amount of cap room this season by trading away players like Nick Bjugstad and Jared McCann, and many have speculated that they’ll use it in free agency on targets like Artemi Panarin and Sergei Bobrovsky. While that may be true, it didn’t stop the team from going after another big fish at the trade deadline. Head coach Dale Tallon tells George Richards of The Athletic (subscription required) that the team made a “good offer” to the Ottawa Senators to try and get Mark Stone before the talented winger eventually went to the Vegas Golden Knights.

Stone is expected to sign a long-term extension with the Golden Knights, something Richards believes the Panthers were also willing to do if they could acquire the 26-year old. It makes sense, given the cap room that Florida has and already exceptional talent up front to surround Stone with. Interestingly though the team already has Mike Hoffman in the fold, who was unceremoniously ushered out of Ottawa after a very public feud with former Senators captain Erik Karlsson. It’s obviously not clear where Hoffman and Stone stand, but it didn’t stop the team from trying to acquire the latter.

Tallon admits that the team will be “very aggressive” at the end of the season, using their draft capital and cap space to improve the team. With a forward core already consisting of Hoffman, Aleksander Barkov, Jonathan Huberdeau, Vincent Trocheck and Evgeni Dadonov the team has some real scoring punch. Adding a player like Stone or Panarin would make them even more dangerous, and with somewhere around $22MM in cap space (depending on where the ceiling lands) they have the room to do it and other things. The Panthers also own nine picks in the upcoming draft and could flip those for some more help.

At the very least, the fact that the Panthers were going hard to try and land a player of Stone’s caliber should be encouraging to the fan base. While this season hasn’t gone as hoped, there should be real excitement for an offseason that should be filled with fireworks.

Winnipeg Jets Trade For Alex Broadhurst

The two busiest teams at this deadline just had to squeeze in one last deal. TSN’s Darren Dreger reports that the Winnipeg Jets have acquired forward Alex Broadhurst from the Columbus Blue Jackets in exchange for future considerations. This is the sixth trade of the day for Winnipeg. Broadhurst will report to the AHL’s Manitoba Moose.

Broadhurst, 25, has played exclusively in the minors this season. The two-way center has 29 points through 48 games this year and has produced consistently over his six-year AHL career. Broadhurst is unlikely to play for the Jets this season, but is a decent depth pickup. The Blue Jackets gave Broadhurst a two-game audition in the NHL last season, so he would not be without experience at the top level if called upon by Winnipeg.

Locked in to Group 6 free agency this summer, Broadhurst will have the option of going anywhere in the league if he so chooses. However, if he fits in well with the AHL’s Moose, the former London Knights standout may look to stay in Canada and re-sign with Jets.

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