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Dead Space: Bought-Out, Buried, And Retained Salaries For Every Team

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It’s something that often goes unnoticed, but with the cap showing minimal growth the last few years, teams are starting to feel the crunch more than ever. Buyouts have become more common, especially with players with under three remaining years on their contracts. And it’s not just the big name busts that have seen the ax lately – we’ve seen lesser names at lesser money take the fall for their respective teams, then needing to scramble for work elsewhere in the league. Additionally, salary retention in trades has become a more utilized tactic as of late. Teams with “unmovable” contracts have offered to retain part of a poor contract in order to entice a team into giving them some relief.

All this said, some teams have been better with foresight than others. Some teams have shown a track record of being entirely unable of handing out poor contracts over the past five or so seasons. Considering many teams showed some progress in being more frugal this off-season, it seems a wise time to review the dead space every team has accumulated, either due to poor management decisions or poor luck.

Colorado Avalanche – $4.83 MM in 2017-18, issues resolved after current year – Francois Beauchemin buyout; Cody McLeod retained

Arizona Coyotes – $4.61 MM in 2017-18, issues resolved after 2020-21 – Mike Smith retained; Mike Ribeiro, Antoine Vermette buyouts

Columbus Blue Jackets – $4.025 MM in 2017-18, issues resolved after 2020-21 – Fedor Tyutin, Jared Boll, Scott Hartnell buyouts

Carolina Hurricanes – $3.71 MM in 2017-18, issues resolved after 2020-21 – Eddie Lack retained; Alexander Semin, James Wisniewski buyouts

Toronto Maple Leafs – $3.28 MM in 2017-18, issues resolved after 2021-22 – Tim Gleason, Jared Cowen buyouts; Phil Kessel retained

Nashville Predators – $2.83 MM in 2017-18, issues resolved after 2018-19 – Viktor Stalberg, Eric Nystrom, Barret Jackman buyouts

Boston Bruins – $2.73 MM in 2017-18, issues resolved 2019-20 – Dennis Seidenberg, Jimmy Hayes buyouts

New York Rangers – $2.61 MM in 2017-18, issues resolved after 2022-23 – Dan Girardi buyout

Minnesota Wild – $2.5 MM in 2017-17, issues resolved after current year – Thomas Vanek buyout

Los Angeles Kings – $2.4 MM in 2017-18, issues resolved after 2023-24 – Matt Greene buyout; Mike Richards termination/recapture

Edmonton Oilers – $2.33 MM in 2017-18, issues resolved after 2020-21 – Lauri Korpikoski, Benoit Pouliot buyouts

Anaheim Ducks – $2.21 MM in 2017-18, issues resolved after 2023-24 – Mark Fistric, Simon Despres buyouts; Patrick Maroon retained

Vancouver Canucks – $2.13 MM in 2017-18, issues resolved after 2021-22 – Roberto Luongo, Jannik Hansen retained; Chris Higgins buyout

New Jersey Devils – $2.09 MM in 2017-18, issues resolved after 2023-24 – Mike Cammalleri, Devante Smith-Pelly buyouts; Ilya Kovalchuk recapture

Tampa Bay Lightning – $1.83 MM in 2017-18, issues resolved after 2019-20 – Matt Carle buyout

Calgary Flames – $1.82 MM in 2017-18, issues resolved after 2018-19 – Mason Raymond, Lance Bouma, Ryan Murphy buyouts

Detroit Red Wings – $1.67 MM in 2017-18, issues resolved after 2020-21 – Stephen Weiss buyout

Dallas Stars – $1.5 MM in 2017-18, issues resolved after 2018-19- Antti Niemi buyout

Philadelphia Flyers – $1.5 MM in 2017-18, issues resolved after current year – R.J. Umberger buyout

Winnipeg Jets – $1.46 MM in 2017-18, issues resolved after 2018-19 – Mark Stuart buyout

Florida Panthers – $1.33 MM in 2017-18, issues resolved after 2018-19 – Jussi Jokinen buyout

Las Vegas Golden Knights – $1.1 MM in 2017-18, issues resolved after current year – Alexei Emelin retained

Ottawa Senators – $350,000 in 2017-18, issues resolved after current year – Andrew Hammond buried

Buffalo Sabres – Minimal in 2017-18, increased issues ($791,00) resolved after 2022-23 – Cody Hodgson buyout

 

 

Chicago Blackhawks, St. Louis Blues, Washington Capitals, Pittsburgh Penguins, New York Islanders, San Jose Sharks,  Montreal Canadiens – No dead cap space

After compiling the list, it became clear that utilizing these options isn’t a complete hindrance to competing in the NHL. In fact, most clubs have between $1 MM and $3 MM in dead space. That said, of the teams that have not needed to utilize the buyout or retention options, there has been a great deal of success. And among the five worst offenders, the Leafs, Hurricanes, Blue Jackets, Avalanche, and Coyotes, none has moved past the first-round in multiple years. It’s hard to draw massive conclusions without taking the context of each individual situation into account, but there is something to be said for making every dollar of cap space count. Perhaps this is merely a byproduct of past success rather than an indicator of future success, but considering how amenable many managers have become to the option, it bears consideration.

(All totals courtesy of the fantastic CapFriendly.com)

Free Agent Profile: Johnny Oduya

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Johnny Oduya is a name that has fallen off most hockey fanatics’ radar this off-season, and perhaps there is good reason for that. Oduya is 35 years old and came off a brutal playoff performance in their sweep against Nashville. The league is certainly trending in the “what have you done for me lately” direction, so no one should be entirely shocked that he remains unclaimed this deep into July.

That said, it’s still conceivable that he has a bounce back year. For a bargain bin price, he’s worth taking a shot on. Although his dreadful 2016-17 outing had him finish with only 9 points and an uninspiring 46.8% Corsi For, he’d been above the 50% mark the prior 5 seasons. He can lo longer handle a ton of minutes, and he will need sheltering from top competition, as many bottom-pairing defensemen do. He only averaged 18:16 of ice-time through the year, but considering that 59.3% of his zone starts were in the defensive end, he managed to hold his own. As a veteran 6th or 7th defenseman, he may still have something to offer.

Potential Suitors

The Blackhawks are seemingly always looking to re-unite with names from their past glories, but the fit may not be one Stan Bowman is willing to try again. He looked sluggish and out of sorts, and got blown by on numerous occasion by the depth players of Nashville. That said, the team will likely need at least another defenseman on the roster, so it’s not impossible. But with Duncan Keith (34), Brent Seabrook (32), and Michal Rozsival (38) already making up half the defense, do they really want to get older still?

Oduya hasn’t been definitively linked to practically anyone. It’s quite possible he’s holding on to see what opens up as teams enter training camp. Teams like the Washington Capitals, Philadelphia Flyers, and Los Angeles Kings could use another 6/7, and would be on the hunt for a bargain. The New Jersey Devils of course completely lacking on the back-end, and might want a mentor for 22 year olds Mirco Mueller, Damon Severson, and Michael Kapla. In truth, a good 50% of the league that could afford to take a chance on him for a single season, but the question remains, who will?

Ultimately, we aren’t likely to hear much chatter on this front until the arbitration period has passed. Teams want to have their organizational contracts set in stone before offering a contract to what will ultimately amount to a stop-gap defender solution.

Projected Contract

Last month, we projected a one-year, $2.5MM deal for Oduya back with Chicago, but they certainly no longer have him in their plans. We had him ranked at a respectable 32nd in a weak UFA class, but even that may have been overestimating his remaining value around the league. Oduya will likely have to settle for a one-year deal to prove he still “has it”, and the monetary value of that contract will be far less. He could always decide to play in Europe, but at the bare minimum he’ll attract at PTO, much like Cody Franson. If he does sign before the end of summer, it will likely be for under $1 MM, quite the paycut from his 2016-17 AAV of $3.75 MM.

Overseas Notes: Gilbert, Koppanen, Camper

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Veteran NHL defenseman Tom Gilbert is on his way to Germany. After 11 seasons in the NHL, opportunities in North America have dried up for the 34-year-old, who will now take his talents across the Atlantic to the Deutsche Liga (DEL). The Nuremberg Ice Tigers, fresh off a strong 2016-17 season and run to the league semifinals, announced a one-year-deal with Gilbert yesterday, which is easily the biggest free agent acquisition in the DEL this off-season. Nuremberg immediately becomes the favorite in the DEL this season, as they already roster four of the league’s leading scorers from 2016-17, including veteran NHLer Steven Reinprecht, and the league’s top goaltender, Andreas Jenike, and will sure up a weak defense that cost them last season by adding Gilbert and his 655 games of NHL experience to the mix. Gilbert is far removed from his early days as a high-scoring blue liner for the Edmonton Oilers, but can still play reliable defense and was thought of as enough of an asset that the Washington Capitals traded for him from the Los Angeles Kings this February as a depth option down the stretch and in the playoffs. Gilbert when on to play very well for the AHL’s Hersey Bears in the latter half of the season, and should be set to dominate lesser competition in the DEL in 2017-18.

  • Despite signing his entry-level deal with the Boston Bruins back in April and putting on a good showing at the team’s development camp recently, Joona Koppanen will honor his contract with Ilves of the Liiga and return to Finland for the 2016-17 season via loan. Koppanen is yet another Don Sweeney draft pick that appears poised to outplay his draft slot. A fifth-round pick of the Bruins in 2016, part of the same draft class as Charlie McAvoy, Trent Frederic, and Ryan Lindgren, who all exceeded expectations this past year, Koppanen is no different. The 6’5″ Finn stands tall, but skates extremely well for a player of his size. He also has positional versatility and strong hockey intelligence to go along with good scoring ability. Koppanen scored 54 points in 38 games in the Jr. Liiga last year and turned down NCAA offers to pursue his pro dreams sooner. He’ll get that chance with Ilves in 2017-18 and another big season could make him a surprise challenger for a roster spot in Boston come 2018-19.
  • Despite ample overseas offers and rumors of such signings, veteran AHLer Carter Camper has decided to stay stateside. The 29-year-old signed a minor league contract with the Cleveland Monsters yesterday and will look to continue his long run of AHL domination. An undrafted, undersized forward out of Miami University in 2011, Camper signed on with the Boston Bruins and proceeded to post big numbers with the AHL’s Providence Bruins for three years, even earning a brief call-up to the NHL. Camper was traded away to the Columbus Blue Jackets in 2014, and has since found one-year, two-way contracts each summer with Ottawa Senators, Washington Capitals and, most recently, the New Jersey Devils. This is the first time Camper has had to settle for an AHL deal, as his streak of about or above 50-point AHL seasons has been trending towards 30-points for the past few years. Camper’s days as an NHL prospect are likely over, but don’t be surprised if the diminutive scorer is a Team USA candidate for the 2018 Olympics and back on a two-way NHL contract next season.

Ontario Reign Sign Brett Sutter To AHL Deal

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Los Angeles Kings Sign Jonny Brodzinski, Paul LaDue

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The Los Angeles Kings seem determined to sign all of their restricted free agents before the day is up. After inking Kevin Gravel and five others already today, the team announced a two-year deal with Jonny Brodzinski that will pay him $650K at the NHL level. The deal is a two-way contract in the first season, but transitions to a one-way deal in 2018-19. They also announced a one-year, two-way deal for Paul LaDue, which will pay him $874K at the NHL level.

Brodzinski, 24, made his NHL debut this season after lighting up the AHL. Armed with a cannon of a shot and the instincts to find open space he’s scored at every level so far in his career. The next step will be to see if that ability can transition to the NHL, where time and space is much harder to come by. In his six game stint with the Kings, he recorded two assists but did generate 17 shots, a strong effort for his first time in the league.

It’s more likely that Brodzinski is a fringe NHL player at best, as there are there are other things about his game that still need work. The potential he’s shown recently though is what has people in Los Angeles excited as with a new structure under John Stevens and company, they’ll likely be trying out new options to try and turn around the team.

One of those options could also be LaDue, who made it all the way to the NHL in his first full season since signing out of the University of North Dakota. In 22 games with the Kings, LaDue scored eight points and showed he could be an option to replace some of the outgoing minutes from the loss of Brayden McNabb. LaDue, 24, should be battling with newcomer Christian Folin for time on the right side this year.

The Kings have now signed all of their RFAs, leaving them with other decisions for the rest of the summer. With the signing of Gravel, they opened another buyout window that they could take advantage of should they want to move Dustin Brown’s contract. Otherwise, they still have $5.9MM with which to play with, in either free agency or the trade market.

Los Angeles Kings Sign Five RFAs

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2:05pm: The team has also signed Mersch to a one-year, two-way deal. The 24-year old played 48 games for the Ontario Reign this year, scoring 33 points despite a knee injury that kept him out for almost two months. The former fourth-round pick made his NHL debut in 2015-16, and is still trying to make it back to the Kings.

1:05pm: The Los Angeles Kings have reached agreements with four more restricted free agents, signing Justin Auger, Andrew Crescenzi, Zachary Leslie and Kurtis MacDermid to one-year, two-way contracts that pay $650K at the NHL level. Crescenzi was the only one of the four with arbitration rights, though he declined to file earlier this month. The Kings now have three remaining RFAs to sign: Paul LaDue, Jonny Brodzinski and Michael Mersch, though none of the three filed for arbitration either.

Out of this group MacDermid may be the most interesting, though none of the four look to have much of an NHL future. MacDermid went undrafted and signed with the Kings in 2012, only to return to the OHL to develop his two-way game further. In 58 games this season with the Ontario Reign of the AHL, the 6’5″ defenseman put up 20 points and was a physical force on the ice, laying huge hits and dropping the gloves whenever necessary.

Auger, the highest draft pick of the bunch is another towering player who has some sneaky good hands and can contribute offensively at times. He, like the other three, seem destined to continue in the AHL for the foreseeable future, but Ontario fans won’t be upset about that. The club went 36-21-11 last season and should be competitive once again next year.

Minor Moves: Gravel, Gibson, Gustafsson

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The Los Angeles Kings have come to an agreement with another one of their restricted free agents, signing Kevin Gravel to a one-year two-way contract worth $650K. Interestingly, Gravel had elected arbitration and was scheduled for a hearing on August 2nd, but instead took the league minimum on a one-year deal. The team did not release the guaranteed or AHL salary, likely part of why he settled.

Gravel played 49 games for the Kings last season in his first extended look with the team, registering seven points in just over 14 minutes a night. With the departure of Brayden McNabb to the Vegas Golden Knights, Gravel will likely be asked to play a bigger role and could even find himself in a full-time gig. He is still waivers exempt however, giving the team options if they think someone else is a better option on the bottom pairing.

  • The New York Islanders have signed goaltender Christopher Gibson to a one-year two-way deal, bringing him back to battle with new acquisition Kristers Gudlevskis for an AHL role. In just seven games last season Gibson recorded a .912 save percentage but hasn’t been able to show the potential that made him a second-round pick in 2011. Just 24 he’s still developing as a netminder, but will have to make big strides soon if he wants to make an impact at the NHL level.
  • The Chicago Blackhawks have re-signed Erik Gustafsson to a one-year deal, a contract that will send him to unrestricted free agency next summer should he not get into 39 games in the NHL this year. After playing 41 contests in 2015-16 with the Blackhawks and recording a solid 14 points, Gustafsson spent the entire season in the AHL in 2016-17. While he again showed off his offensive upside while there, scoring 30 points in 68 games, it was a disappointing year for him to not make it back to the NHL. Now with Niklas Hjalmarsson in Arizona and Brian Campbell still unsigned, there could be an opportunity for him to step up and fill a full-time role. With depth options like Michal Rozsival not being an ideal option on a full-time basis, the Blackhawks could look to newcomer Jan Rutta along with Gustafsson and Ville Pokka as potential options.

Justin Auger Accepts Qualifying Offer

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  • Winger Justin Auger has accepted his qualifying offer from the Kings according to CapFriendly (via Twitter). The contract will pay the league minimum $650K at the NHL level and $60K in the minors.  The 23-year-old is coming off a down season where he recorded just 20 points (11-9-20) in 61 games with Ontario of the AHL.

Andrei Loktionov Signs PTO With Los Angeles Kings

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The Los Angeles Kings have kicked off the professional tryout season, as according to Jon Rosen of LA Kings Insider, the team has signed former NHL forward Andrei Loktionov to a PTO for this fall’s training camp. Loktionov will attend camp in search of a spot on the Kings roster after spending the last three seasons in the KHL.

Selected by the Kings in 2008, Loktionov spent one outstanding season with players like Taylor Hall, Ryan Ellis and Adam Henrique in Windsor of the OHL before making the jump to professional hockey. It wasn’t long before he got a chance in the NHL, but couldn’t seem to deliver quite the same offensive jump. After bouncing around for a few years from Los Angeles to New Jersey to Carolina, Loktionov signed in the KHL where he has turned himself into a two-way force that logs big minutes for Yaroslavl.

Though this doesn’t come with the promise of an NHL contract, it’s an easy chance to give for the Kings who could desperately use his speed down the middle. He could also add another dimension to a penalty kill that was already among the league’s best, though he still isn’t an excellent faceoff man. In Russia last season he won just 48% of his draws.

There will be more PTOs given out over the summer, many to older players looking for one last chance or European free agents. Remember it doesn’t neccessarily mean the player will sign with the team he’s working out with. Last year saw Calgary snatch Kris Versteeg out from under Edmonton’s nose, something that happens fairly often.

Kings Name Pierre Turgeon As Assistant Coach

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New head coach John Stevens’ staff is complete, as the Los Angeles Kings announced this afternoon that they have hired five-time NHL All-Star Pierre Turgeon as an assistant coach. With Dave Lowry, Don Nachbauer, and Bill Ranford already in place, Stevens and the Kings are ready to go for 2017-18.

Although this will be Turgeon’s first NHL coaching positions, and really his first at all other than coaching his own kids through youth hockey, he makes up for his lack of coaching experience with more than enough playing experience in his illustrious career. The 1987 #1 overall pick is 30th all-time in assists with 812, 38th all-time in goals with 515, and 32nd in points with 1327, all accomplished over a 19-year NHL career with five teams. A teammate of Kings GM Rob Blake with the Colorado Avalanche in 2005-06, Turgeon surely impressed his new boss with his cerebral play-making and vision on the ice. Kings president Luc Robitaille described Turgeon’s new role as that of an “offensive coordinator”, as L.A. looks to cure an offense that was anemic at times last season, finishing 25th in scoring. Turgeon should also provide a boost to the team’s 15th-ranked power play, somewhat of a specialty of his during his playing days.

Turgeon’s hire becomes the third big coaching story today, as the New York Islanders swapped goalie coaches, hiring Fred Brathwaite and not extending Mike Dunham, while across town the New York Rangers made official the hiring of Lindy Ruff as an assistant coach for Alain Vigneault. 

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