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East Notes: Stamkos, Zadina, Islanders, Lundqvist

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The Tampa Bay Lightning are now down 1-0 in the Stanley Cup Finals and, of course, the question of Steven Stamkos’ availability came up in the most recent press conference. Lightning head coach Jon Cooper said he doubted that Stamkos would be ready for Game 2, but did speculate further on the possibility that Stamkos could make an appearance for the Lightning at some point in the series, according to The Athletic’s Joe Smith.

Cooper said that Stamkos is “inching closer” to a return and it’s “killing him” not to play, but the coach also said he refuses to put him in if he’s not ready. Cooper said the team needs to make sure his conditioning is up and both he and the medical staff are both comfortable with Stamkos on the ice.

  • The Detroit Red Wings sent 2018 first-round pick Filip Zadina to the Czech Republic to continue playing until the 2020-21 begins, but already have felt the danger of loaning out one of their players. HC Ocelari Trinec announced that Zadina will miss the next few weeks with a upper-body injury that he sustained during a game Sunday. While there is no word on how serious the injury is, the diagnosis that he will be out a few weeks likely means it won’t threaten his availability when the NHL begins their 2020-21 season, which likely now won’t be until at least January 2021. Zadina took over a top-six spot late in the season, scoring eight goals and 15 points in 28 games and is a key component to the team’s 2020-21 season.
  • With four pending unrestricted free agents coming up in the offseason, the New York Islanders have quite a few decisions to make about who they intend to keep. While general manager Lou Lamoriello was able to re-sign most of his UFA’s last season, that’s not likely to be the case. Newsday’s Andrew Gross reports that the team may only keep one of them this time around, suggesting that forward Matt Martin could be the only one to retain. The team isn’t likely to bring back goaltender Thomas Greiss now that Ilya Sorokin is on board, although Gross does add that Lamoriello does have a long-standing relationship with Andy Greene, so the team could potentially bring him back as well.
  • USA Today’s Vince Mercogliano looks at the Rangers goaltending situation, suggesting the Rangers may have no choice but to buyout long-time Rangers icon Henrik Lundqvist when the buyout window opens on Sept. 25. General manager Jeff Gorton said he doesn’t plan to keep three goaltenders on the roster and word is the Rangers have not liked any offers they’ve received for Alexandar Georgiev, suggesting the team could save significant cap space in the future if they let go of Lundqvist, including $3MM next season and quite a bit more in 2021-22. With a trade unlikely for Lundqvist even if the Rangers retain half of his $8.5MM salary, the team could announce a buyout as soon as Friday, although at this point, anything is still possible.

 

Long-Term Injuries Represent Continued Opportunity For Cash-Rich Teams

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The NHL’s salary cap ceiling will be $81.5MM for 2020-21 and will not increase until the league’s hockey-related revenue surpasses $3.3 billion once again. Even then, the number will grow slowly as the difference in escrow is slowly paid off. Despite that cap being the theoretical number that teams can spend to, many around the league will be icing rosters that are quite a bit cheaper.

Frank Seravalli of TSN reported just a few days ago that the Buffalo Sabres, Arizona Coyotes and Pittsburgh Penguins could all be operating with an internal budget much lower (with the Coyotes perhaps going “just south of $70MM”). They aren’t the only three, which could potentially open up even more opportunities for cash-rich organizations that have strong financial backing. Not only will they be able to bring in a roster that adds up to the salary cap ceiling, but players that are earning more money than their cap hits in 2020-21 could potentially be available in trade at a bargain price.

The other opportunity is one that has existed for some time but could be amplified this offseason: long-term injured reserve.

For years now, teams have traded in “dead contracts” in various situations. Trading for players who are under contract but will never play again has been a routine occurrence for teams like the Coyotes and Toronto Maple Leafs—though the two use those opportunities in very different ways. The Maple Leafs have used a strong financial situation to take on the contracts of players like Nathan Horton and David Clarkson, giving them a bit more flexibility when it comes to the salary cap. No, these dead contracts are not just bonus cap space as some imply, but they can create some creative ways to provide wiggle room around the hard cap.

It’s hard to use this to your advantage when you’re already working on an internal budget, especially with contracts that are not fully insured. But for those teams still able to flex their financial might, there will be some obvious candidates this offseason should they want to pursue these LTIR opportunities and can figure out a way to make it benefit their individual situation.

Ryan Kesler has two seasons remaining on his contract with the Anaheim Ducks, which is set to pay him $6.675MM annually. The 36-year-old forward is not expected to play again thanks to multiple hip surgeries, which ended his playing career in 2019 after he battled through pain to reach the 1000-game mark. Kesler does have a full no-movement clause for this season (which will switch to an eight-team no-trade clause in 2021), but that has been worked around in past transactions like this.

The Coyotes themselves still have Marian Hossa on the books for one more season at a $5.275MM cap hit, though his actual salary is still just $1MM for 2020-21. Hossa hasn’t played since a skin condition forced him into retirement in 2017 and could potentially be used as a trade chip if another team is looking for help reaching the salary cap floor this year. Henrik Zetterberg, is another player whose salary is just $1MM in 2020-21, though he carries a $6.08MM cap hit. The Red Wings have moved on from legendary players in this situation before, trading Pavel Datsyuk’s dead contract to the Coyotes in 2016.

Marian Gaborik is much the same, having last played in the 2017-18 season with the Ottawa Senators. The 38-year-old Gaborik is still under contract for next season and carries a $4.875MM cap hit, but is owed just $3.075MM in actual salary. According to a Postmedia report from 2018, approximately 80% of Gaborik’s salary is covered by insurance, making it an inexpensive way for the Senators to build up their commitments, but that doesn’t mean he won’t be used in a deal to get him completely off the books this summer.

One of the newest additions to this retired-but-still-active group is Brandon Dubinsky of the Columbus Blue Jackets, who missed all of the 2019-20 season with a chronic wrist injury. That injury is expected to keep him from ever playing again, but he is still owed $5.85MM for the 2020-21 season.

Of note, the Maple Leafs, who have been the team most notably acquiring these heavy LTIR contracts, will see both Clarkson and Horton come off the books this offseason. That doesn’t by any means indicate that they will go this route again, but don’t be surprised if you see some movement this offseason on players that will never actually hit the ice in an NHL game again.

Photos courtesy of USA Today Sports Images

Islanders’ Cizikas, Kuhnhackl Will Miss Remainder Of Playoffs

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The New York Islanders sent out an injury update just before their Game 4 against the Tampa Bay Lightning. The team announced that injured forwards Casey Cizikas and Tom Kuhnhackl are both injured, have left the bubble and will not return for the remainder of the Stanley Cup Playoffs. Those are two key blows for the Islanders, who are trying to even up their series against Tampa Bay.

Cizikas missed Game 3 with an undisclosed injury and was thought to be a game-time decision for Game 4, but obviously, the injury was worse than anyone thought. The forward played in 18 games so far throughout the playoffs. While boasting just two assists during the playoffs, the forward has been invaluable as a fourth-line center next to Cal Clutterbuck and Matt Martin. Both Clutterbuck and Martin have been playing next to Jean-Gabriel Pageau in the meantime. However, with Cizikas out, the team loses an impressive defender who plays with much-needed physicality and matched up well against Tampa Bay’s size on the other side. He finished the regular season with 113 hits and a 53.5 percent faceoff win percentage and has been a candidate for the Selke in his career twice.

Kuhnhackl is another loss, albeit less significant. However, with the loss of Cizikas, Kuhnhackl’s injury is even more important. The 28-year-old forward has only appeared in three playoff games this season and splitting his regular season time between the Islanders and the Bridgeport Sound Tigers of the AHL. He has been a healthy scratch often when with the Islanders. However, with team depth being of utmost important with injuries mounting, Kuhnhackl might have seen more and more playing time.

No word on what type of injury each player has sustained.

Josh Anderson Re-Focused On Long-Term Extension With Blue Jackets

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When Josh Anderson failed to return to the Blue Jackets lineup this postseason, as he continued to rehab from a major shoulder surgery this spring, it was fair to question whether he had already played his final game for Columbus. Anderson is an impending restricted free agent this off-season who went through a long, contentious negotiation with his club three years ago when he was last seeking a new contract. The two sides finally agreed to a below-market three-year, $5.5MM pact that reportedly left Anderson unhappy and led many to speculate that he could be traded before the two sides had a chance to ever return to the negotiating table. Adding fuel to that fire – on both sides – was Anderson playing well above his price tag for the first two years of his contract, then struggling with injury and inconsistency this year. Anderson’s market value is now murkier than it has ever been and many have felt that it could be in the best interests of both sides to get a fresh start.

For whatever reason, that status quo has now changed dramatically. The Athletic’s Aaron Portzline relays word from Anderson’s agent, Darren Ferris, that the 26-year-old power forward’s priority is now to sign a long-term extension to remain in Columbus. Although Anderson has not played this calendar year, and during that time he was nearly traded at the deadline, he has changed his position on the club and now sees a long-term fit. The reasoning remains unclear, but Ferris did clarify that the recent changes in the Blue Jackets’ front office, with Bill Zito departing for the Florida Panthers and Josh Flynn replacing him at the negotiating table, are not a factor. Anderson simply has decided that he would like to stay with the club.

GM Jarmo Kekalainen is also interested in a renewed commitment to Anderson, he tells Portzline. However, the experienced executive is already setting the table for what could be another difficult negotiation, stating “we’ll make every effort to get him signed, but it has to be something that makes sense for both sides.” With a flat cap, Kekalainen could be setting Anderson up for another underwhelming offer, based more on his disappointing platform season than his impressive two seasons prior.

The one piece of leverage that Ferris holds this off-season that he didn’t the last time around is salary arbitration. While it isn’t the long-term solution that Anderson is hoping for, and could in fact end up forcing a trade, arbitration rights could help Anderson to finally find fair market value, as cap space cannot be considered in an award. As always, both sides will try to avoid arbitration, but the looming threat of that option could put Anderson on the winning side of contract talks this time, whether he gets his long-term deal or a short-term pact.

GM Quotes: Sakic, Rutherford, Benning

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Although many will blame goaltending performance for the Colorado Avalanche loss in the Western Conference semifinals, GM Joe Sakic is not so quick to blame his netminders, Philipp Grubauer and Pavel Francouz. Both goaltenders were injured in the seven-game series against the Dallas Stars, leaving Michael Hutchinson to fend for himself. Grubauer also missed time due to injury in the regular season and many felt his play was affected. Overall, the pair played well this year and both are signed through at least next season at a valuable rate. While many have speculated, including Sportsnet’s Elliotte Friedman and Jeff Marek, that the club could still use their considerable cap space to bring in a new starting goalie for next year, Sakic says otherwise. Speaking with Mike Chambers of the Denver Post, Sakic offered support for his tandem and stated that he does not plan to bring in another keeper for next season:

They both had good years. Unfortunately, they both got hurt at the wrong time, but neither of those injuries are injuries you have to worry about. Train hard in the summer and make sure it doesn’t happen again. You can’t predict injuries, but no, they both had good stretches and we expect that next year.

Sakic revealed that Francouz was already dealing with an injury when he replaced the injured Grubauer in the postseason and tried to battle through the pain as long as he could. Fortunately, he stated that both goalies – and in fact all injured Avs – are expected to be back at full strength for next season. As a result, Sakic does not anticipate chasing a new goalie on the free agent or trade markets, as he is content with his duo’s performance, blaming only the poor timing of their injuries.

  • Pittsburgh Penguins GM Jim Rutherford made yet another major trade on Friday, his second already since his team was eliminated in the qualifying round, when he dealt Nick Bjugstad to the Minnesota Wild in a salary cap dump. Talking to The Athletic’s Josh Yohe about a deal that on paper seemed to net Pittsburgh little in return – a conditional seventh-round pick and only half of Bjugstad’s 2020-21 cap hit ($2.05MM) – Rutherford made it clear that he is simply doing what he can to create enough cap space as to allow the Penguins to be active in free agency:

Well, I’d really like to be able to get there, to be at the point where we can do something in free agency, but we aren’t there yet… I want to be able to be active on that day, but it’s going to be difficult to get to that point… You’ve got to realize that teams don’t know how much money they’ll be making next season and moving forward. Plus, teams all thought the salary cap for next season was going to be anywhere between $3 million and $6 million higher than what it is. So, everyone is in a pretty difficult situation, and that includes us… First things first, we need to get to a point where we are comfortable that we’ll be compliant with the cap. We’ll see what happens between then and now.

  • If there has been any one theme to Vancouver Canucks GM Jim Benning’s comments all season long, it has been that he would like to keep as many of his current players on the team as possible, including his pending unrestricted free agents. While much of that focus has been on a trio of top players in Jacob Markstrom, Chris Tanev, and Tyler Toffoli, Benning has thrown his support behind role players as well. The latest name that Benning hopes to squeeze back on the roster next season is Josh Leivo, who lost much of his season to a fractured knee cap but was working his way back into game shape when the Canucks were eliminated in the Western Conference Semifinals. Benning knows what Leivo can do when healthy and in an interview with TSN Radio 1040 he stated that he hopes to give him another chance in Vancouver:

He played well for us. We haven’t ruled out re-signing him… He’s a big body, shoots the puck well, is a smart player… His rehab has gone well… he’ll be ready to play next year for us.

Minnesota Wild Acquire Nick Bjugstad

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8:00pm CT: The terms of this trade have now been revealed by Sarah McLellan of the Minneapolis Star-Tribune and certainly seem to tilt the favor even more toward Minnesota. First, the Penguins will retain half of Bjugstad’s salary this year, the final season of a six-year, $24.6MM deal. As a result, Pittsburgh will only dump $2.05MM in cap salary while the Wild get a full year of Bjugstad at a bargain price. Second, the Penguins will only receive the conditional seventh-round pick if Bjugstad plays in at least 70 games or scores at least 35 points this season. Otherwise, the team does not receive any return. If this trade is indication, shedding salary this off-season is going to be easier said than done.

7:00pm CT: Nick Bjugstad, one of the most well-regarded prospects to come out of the Minnesota high school ranks this century, is headed home. The Minnesota Wild announced that they have acquired the 28-year-old center from the Pittsburgh Penguins. In what is all but a salary cap dump, the Penguins only received a conditional 2021 seventh-round draft pick.

Bjugstad is a polarizing player, but certainly one worth risking a late pick and one year of term on. Named Mr. Hockey in 2010 as the best player in Minnesota high school, Bjugstad went on to be drafted in the first round by the Florida Panthers later that year. After starring for the of Minnesota for three years, Bjugstad joined Florida and  immediately became a contributor. He recorded 38 points as a rookie, even garnering Calder Trophy votes, and totaled 191 points in 394 games with the Panthers over parts of seven seasons. While these were solid numbers, they weren’t exactly what Florida was hoping for from one of their core players. In 2018-19, Bjugtad was traded alongside Jared McCann to the Penguins for Derick Brassard, Riley Sheahan, and three draft picks. His time in Pittsburgh has been forgettable, marred by injury and inconsistency that left him with just 16 points in 45 games to show for a season and a half.

Yet, Bjugstad is healed and expected to be fully healthy for the start of the 2020-21 season for Minnesota. No one will blame Pittsburgh for dumping Bjugstad’s $4.1MM cap hit (and $5.25MM salary) as they face a stiff cap crunch, but the Wild could easily wind up with the better side of this deal if Bjugstad can return to form back at home in the Twin Cities and produce 40-50 points as he has several times before. As the Wild look to replace the experience and two-way ability of Mikko Koivu down the middle this season – and quite possibly Eric Staal next season – Bjugstad is a prime candidate. At 6’6″ and 215 lbs., Bjugstad is a menacing presence on the ice and has the proven ability to take the puck with both brute force and finesse. After a pair of down seasons, Bjugstad may not be the most exciting name, but he could be primed for a major comeback this year with the Wild and could potentially earn himself a long-term extension with his hometown team in the process.

 

Snapshots: King Clancy Trophy, Kucherov, Bishop, Holzapfel

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Now that the NHL has reached the conference championship phase of the playoffs, so too can the NHL awards, which are expected to be handed out day-by-day over the next couple of weeks. First up is expected to be the King Clancy Trophy, awarded to the player who best exemplifies leadership qualities on and off the ice and has made a noteworthy humanitarian contribution in his community. The trophy will be awarded this evening before the start of Game 1 between the Vegas Golden Knights and the Dallas Stars. The three finalists for the awards are Minnesota Wild’s Matt Dumba, New York Rangers’ Henrik Lundqvist and New Jersey Devils’ P.K. Subban.

Dumba has been committed to racial and social justice and the Hockey is for Everyone initiative and helped form the Hockey Diversity Alliance with seven current and former NHL players. Lundqvist supports several different initiatives, including aid for children’s health, education, underprivileged youth, Hockey Fights Cancer and the Make a Wish Foundation. Subban also supports several groups, including initiatives for underprivileged youth, medical support and promoting racial and social injustice.

  • Despite the bad news that the Tampa Bay Lightning will have to go through the Eastern Conference Finals without Steven Stamkos, the team did get some good news, however, on the injury front. The Athletic’s Joe Smith reports that first-line forward Nikita Kucherov is expected to be available Monday for the Lightning’s first game against the New York Islanders. Kucherov was forced to leave Game 5 against the Boston Bruins with an undisclosed injury, but has had almost a week to recover. The 27-year-old has been quite effective in the playoffs so far with four goals and 16 points in 13 games.
  • The Dallas Stars will be without starting goaltender Ben Bishop once again as The Athletic’s Sean Shapiro reports that Bishop and defenseman Taylor Fedun remain “unfit to play.” Both skated today, but neither appear ready to play. The scribe did add that forwards Andrew Cogliano and Mattias Janmark are both expected to be game-time decisions today. Bishop has appeared in just three games during the playoffs and hasn’t made an appearance since Aug. 31 against Colorado when he allowed four goals in 13 minutes before being replaced. The team will rely on Anton Khudobin once again, who is 8-5 with a .909 save percentage in 14 games during the playoffs.
  • Former AHL forward Riley Holzapfel announced his retirement after spending his four years with the Vienna Capitals of the Austrian League. Holzapfel was a second-round pick of the Atlanta Thrashers in 2006 and five season in the AHL before opting to play overseas in 2013, playing three seasons in the SHL before joining Vienna in 2016. He was never able to break into the NHL, however. The 32-year-old was still productive with Vienna, scoring 18 goals and 46 assists in 48 games.

Atlantic Notes: Stamkos, Domi, Debrusk

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There seems to be plenty of questions surrounding Tampa Bay Lightning captain Steven Stamkos, who has yet to make his playoff debut after undergoing core muscle surgery in early March and now has been listed as “unfit to play” with a lower-body injury. Now it looks like that if he will play in the playoffs it will have to be in the Stanley Cup Finals.

The Lightning and head coach Jon Cooper announced that Stamkos will miss the entire Eastern Conference Finals due to his undisclosed injuries, adding that he will update that status if anything changes. There was plenty of hope that Stamkos might be ready to return to the team and supplement the offensive powerhouse Lightning against the stingy defense of the Islanders. However, that won’t happen here and the team will have to win the series without him if they have any hopes of him returning for the playoffs.

If or when he returns, however, The Athletic’s Joe Smith believes that Stamkos will likely begin on the team’s second line and center both Alex Killorn and Anthony Cirelli as they likely won’t want to breakup the impressive play of the first-round combo of Brayden Point, Ondrej Palat and Nikita Kucherov.

  • With plenty of rumors swirling around Montreal Canadiens forward Max Domi after a disappointing second season with the team, Sportsnet’s Elliotte Friedman reports on Hockey Night in Canada Saturday night that Domi’s agent, Darren Ferris, and Canadiens’ general manager Marc Bergevin met to discuss Domi’s future. Friedman notes that Domi is not requesting a trade out of Montreal. “The news got out that Max Domi has a new agent — he’s now represented by Darren Ferris,” Friedman said. “He met with Marc Bergevin, he didn’t really want to say too much about the meeting, but the one thing he was willing to say was that Max Domi has not asked for a trade from the Montreal Canadiens. I don’t know where this is going to go, but Domi has not asked to be traded.” Domi saw a 11-goal and 28-point decline in his statistics last year, something the team wasn’t thrilled about as Domi saw his playing time in the playoffs drop significantly to 14:21 of ATOI.
  • The Athletic’s Fluto Shinzawa (subscription required) writes the Boston Bruins are likely going to have a challenging time finding a new contract with restricted free agent Jake Debrusk. The forward is averaging 1.09 goals per 60 minutes of play on the team, the fourth-highest number on the team, besides the team’s top-line players. However, his inconsistency has showed at times as he has also been put on the team’s third line at times. However, with impressive numbers, he is in line for a contract similar to that of Travis Konecny (six years, $33MM) and Brock Boeser (three years, $17.63MM). However, with the flat salary cap, Debrusk may have to accept less in a short-term deal.

Bruins Notes: Krejci, Injuries, Wagner

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After yesterday saw Zdeno Chara, Torey Krug, and others speak with the media, several other Boston Bruins were on a conference call with reporters today to talk about what went wrong in their series against the Tampa Bay Lightning and what the future will hold. David Krejci, an incredible playoff performer once again, a reputation he has rightly earned over the last decade, was asked about what he’ll do when his current contract expires. The 34-year-old center, who is signed through 2020-21, told Amalie Benjamin of NHL.com that he “definitely” wants to keep playing past next season.

In 145 playoff games with the Bruins, Krejci has now recorded 115 points and tied for the lead this year with Brad Marchand. His 911 career regular season games have all come with the spoked B on his chest, but for the last several years his name has continuously been in trade speculation. With a $7.25MM cap hit Krejci doesn’t come cheap but continues to rack up points and strong possession numbers for the Bruins. He’s scheduled to become an unrestricted free agent next summer.

  • Two more players spoke about injuries today, including David Pastrnak admitting to Benjamin he was dealing with a lower-body injury the whole time. Sean Kuraly’s ailment that kept him out of the last few games was a groin injury. Both players weren’t quite up to their respective standards in the postseason, though Pastrnak did still record ten points in ten games.
  • Perhaps more shocking was Chris Wagner’s revelation that he had dealt with an irregular heartbeat that sent him to the hospital before game five of the series. Wagner explained that he does not believe there will be long-term effects, but “when it comes to your heart, you really gotta be careful.” The 29-year-old will receive further testing to determine whether the incident will happen again. Wagner is set to begin a three-year contract extension that will pay him an average of $1.35MM through the 2022-23 season.

Sidney Crosby Undergoes Wrist Surgery

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The Pittsburgh Penguins captain Sidney Crosby has undergone arthroscopic wrist surgery, the team announced today. The star forward has been given an expected recovery period of three-to-four weeks.

Though this is obviously not major surgery, it does suggest that Crosby was playing through injury in the team’s qualification round matchup against the Montreal Canadiens. Josh Yohe of The Athletic reports that the organization does not believe this will set Crosby back significantly, given the distant state date of the 2020-21 season.

Crosby, 33, is coming off his 15th consecutive season scoring at least a point per game. In November he underwent sports hernia surgery and missed two months of the regular season.

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