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Wild Shopping Filip Gustavsson

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The Wild are entering next season with three goalies as it stands with Marc-André Fleury back for his final campaign and top prospect Jesper Wallstedt primed for more NHL starts. In his latest Trade Targets piece, Frank Seravalli of Daily Faceoff said the team is “open for business and listening” on trade offers for Filip Gustavsson, who’s quickly looking like the odd man out in the Minnesota crease.

Gustavsson, now 26, signed a three-year, $11.25MM deal with the Wild last summer following an arbitration filing. He got that deal after a breakout 2022-23 campaign, finishing second among qualified netminders with a .931 SV%. But while he ended this season on a relatively high note, a horrid start to 2023-24 tanked his second season in the State of Hockey. Gustavsson made a career-high 45 appearances and managed to record his second 20-win season, but his standard and advanced metrics regressed considerably. His SV% dropped to .899, and his goals saved above expected nosedived to -4.8 from last season’s 24.2, per MoneyPuck.

While Gustavsson was struggling, Wallstedt was having a terrific season behind a poor Iowa Wild team in the AHL. The 2021 20th overall pick had a .910 SV% and two shutouts in 45 games, earning his second All-Star Game nod in as many years while keeping an otherwise hapless Iowa club out of last place in the Central Division. The 21-year-old Swede is viewed as one of the five best goalie prospects in the world, and general manager Bill Guerin already confirmed the plan is to ease him into more consistent NHL action next season. After a tough NHL debut against the Stars in January, Wallstedt stopped 51 of 53 shots faced in two wins over the Blackhawks and Sharks to end the season.

Gustavsson has two years left on his deal at a $3.75MM cap hit, a reasonable deal for a young netminder with decent rebound potential. He was solid in the back half of the season, posting a 7-5-2 record with a .906 SV% in 16 games after the All-Star break. Moving him reduces the cap hit of their goaltending tandem from $6.25MM, including Fleury, to just $3.425MM with Fleury and Wallstedt, less than what Gustavsson alone costs. That’s important savings for a team still dealing with a $14.744MM cap penalty from the Zach Parise and Ryan Suter buyouts next year.

The Wild likely wouldn’t need to retain any salary in a Gustavsson deal. His contract is arguably a bargain for his services already – Evolving Hockey projects he’d land a $4.125MM cap hit if he signed a two-year deal in free agency this summer. It’s also a cheaper option for teams looking to upgrade their crease than some of the more established netminders potentially available for trade, like Juuse Saros and Linus Ullmark, and he has experience starting more games than top UFA options Laurent Brossoit and Anthony Stolarz. As such, there should be a fair amount of interest.

Free Agent Focus: Minnesota Wild

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Free agency is now just a bit more than a month away and teams are looking ahead to when it opens.  There will be several impact players set to hit the open market in July while many teams have key restricted free agents to re-sign as well.  We continue our look around the NHL with an overview of the free agent situation for the Wild.

Key Restricted Free Agents

F Mason Shaw – Shaw made a valiant return to the lineup this season, signing a contract through the end of the season in February after recovering from the fourth ACL tear of his career. It’s become a biannual injury, with Shaw, still just 25 years old, facing it in 2017, 2019, 2020, and 2023. After having his 2022-23 campaign limited to just 59 games – his official rookie season – Shaw managed to appear in 20 games this season, recording three points and 34 penalty minutes. He also appeared in nine AHL games, recording seven points and a13 penalty minutes. Shaw is a depth forward and penalty-kill specialist, though his ability to once again battle back from injury should be enough to earn him another short-term, cheap contract – and another crack at a full year of healthy NHL play.

D Declan Chisholm – The Wild claimed Chisholm off waivers from the Winnipeg Jets in late January, and immediately slotted him in to the team’s rotation of bottom-pair defenders. Chisholm would ultimately total 29 games with the Wild, playing through his official rookie season and scoring eight points along the way. He’s filled the role of the team’s offensively-minded depth defenseman, one previously held by Calen Addison, who was traded to the San Jose Sharks in November. At 24, Chisholm doesn’t seem to be showing many signs of breakout potential, though he presents a young and cheap change-of-pace option to round out the Wild’s defense.

F Adam Beckman – The time has come for a decision on Adam Beckman, who has yet to find his stride in the NHL despite 23 career games. 11 of those games came this year, with Beckman managing two of the first three assists of his career and adding 12 penalty minutes. He’s been an effective scorer in the minor leagues, tallying 19 goals and 33 points in 51 games this year, after posting 24 goals and 36 points in 53 AHL games last year. That’s a promising pace, especially on a meager Iowa Wild offense, though there’s no telling what the path forward for Beckman may look like. His looming contract negotiations should be telling of Minnesota’s intentions with their 2019 third-round selection, as well as his chances of carving out an everyday role in the NHL next season.

Other RFAs: F Dmitry Ovchinnikov, F Adam Raska, F Sam Hentges, F Samuel Walker, D Simon Johansson, G Hunter Jones

Key Unrestricted Free Agents

D Dakota Mermis – Mermis was Minnesota’s de facto seventh defenseman this season, bouncing between the lineup through the early parts of the season before earning a daily depth role following Addison’s trade. He appeared in a career-high 47 games as a result, netting eight points and 33 penalty minutes.  Mermis is yet another cheap option for depth defense in Minnesota, though he faces crowded competition for minutes should he re-sign.

D Alex Goligoski – The Wild ended up turning away from Goligoski this season, as Mermis emerged as a legitimate candidate for minutes during Goligoski’s 15 game absence to a lower-body injury early in the season. The 38-year-old veteran would end up a healthy scratch for multiple games in the second half of the season, though he did still manage 10 assist in the 36 games he appeared in. It seems the curtains are beginning to draw closed on Goligoski’s 16-year career in the NHL, which featured a Stanley Cup in his rookie season of 2009 and saw him reach 1,000 games in 2022. Even if Goligoski’s intent on playing more, he’ll seemingly have to find a new home in free agency – after losing his spot with the Wild.

D Will Butcher – Minnesota acquired Butcher in January, sending AHL forwrard Maxim Cajkovic back to the Pittsburgh Penguins. Butcher has spent the last two seasons entirely in the AHL, serving out two separate league-minimum, one-year contracts and totaling a combined 59 points in 103 games. He’s a far way from his breakout 2017-18 rookie season, when he scored 44 points with the New Jersey Devils. Butcher’s his last NHL stint coming with the 2021-22 Buffalo Sabres, when he managed eight points in 37 games. He’s likely doomed for another league-minimum contract this season, and will need to fight his up from a minor league role.

Other UFAs: F Jacob Lucchini, F Turner Elson, F Steven Fogarty, F Jujhar Khaira, F Nick Swaney, G Zane McIntyre

Projected Cap Space

The Minnesota Wild can enjoy rare peace of mind this summer, facing a very minimal list of pending free agents in terms of both quantity and projected cost. The team should have plenty of room to re-sign their choice of the departing names, with $6.256MM in projected cap space. With a backlog of depth defenders and a mostly filled-out lineup, the Wild could be in a prime position to make at least one lucrative free-agent addition – likely focused on bringing a boost to the bottom-six.

Wild Re-Hire Mike Snee

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  • Earlier this week, the Wild announced that Mike Snee is returning to the organization as their vice president of the Minnesota Wild Foundation and community relations. Snee was one of the first people hired by the team before their inception for the 2000-01 season, working in sales and sponsorship. A longtime member of the governing board for USA Hockey, Snee has spent the last 12 years as the executive director of College Hockey, Inc., working to develop several new NCAA hockey programs as well as landing a Canadian broadcasting rights agreement for the collegiate circuit.

Wild Closing In On New Assistant Coach

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Evander Kane will not dress for the Edmonton Oilers in Game 3 of the Stanley Cup Final tonight (as per Sportnet’s Elliotte Friedman). Kane was diagnosed with a sports hernia at the start of the playoffs but is holding off until after the season to have surgery. Kane has rarely practiced during the playoffs but has managed to play through the injury to this point.

Tonight’s scratch will be Kane’s first of the playoffs, which is surprising given the ailment he is dealing with. Kane hasn’t been physically healthy throughout the postseason but has still managed four goals and four assists in 20 games. Despite his best effort to remain in the lineup and produce for the Oilers, the 32-year-old has struggled as of late with just a single assist in his last nine games.

Corey Perry will take Kane’s place in the lineup.

In other evening notes:

  • Michael Russo of The Athletic is reporting that former Ottawa Senators assistant coach Jack Capuano may be inching closer to a job as an assistant coach of the Minnesota Wild. Capuano was an associate coach with the Senators and the team opted to non-renew his contract making him free to join any team. Capuano coached Ottawa’s defense last season and the results weren’t great, although Ottawa’s team defense overall was poor as was their goaltending. The 57-year-old was previously the head coach of the New York Islanders, a position he held for seven years, compiling a 227-192-64 record.
  • TSN is reporting that the Ontario Hockey League’s board of governors is approving the relocation of the Mississauga Steelheads to nearby Brampton, Ontario. While the team is moving cities, it’s not much of a change as Mississauga’s Paramount Fine Foods Centre is just seven kilometres away from the Steelheads new home in Brampton, the CAA Centre. Brampton previously had a team up until 2012-13 when the Battalion moved to North Bay, while Mississauga will be without an OHL franchise for the first time in 26 years.

Latest On Wild's Draft Plans

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Wild fans gained some insight into their team’s plans at the draft later this month thanks to The Athletic’s Joe Smith, who spoke at length in an interview with director of amateur scouting Judd Brackett in an interview published Wednesday.

In regards to who the Wild might take with their No. 13 pick, Brackett didn’t disclose any names specifically. He did, however, have complementary words for U.S. National U18 Team goal-scoring record-breaker Cole Eiserman. He entered the year as a consensus top-three pick but fell down most draft boards to the mid-first round throughout the season, with concerns rising about his play in the defensive zone and his ability to exit his own zone in transition. But he remains the best pure goal-scorer available in the class, with Brackett saying he’s “proven it at every level and continues to do so.”

USA Hockey Adds John Hynes To 4 Nations Coaching Staff

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After serving as the head coach for this year’s World Championship, Wild bench boss John Hynes will be back behind a Team USA bench next year. He’s been added as an assistant on Mike Sullivan’s staff for next year’s inaugural 4 Nations Face-Off, per a USA Hockey announcement.

It’s the second straight tournament in which Wild general manager Bill Guerin, who currently holds the same role for the U.S. Men’s National Team, has plugged in his new head coach to the staff. Hynes took over Minnesota’s bench in late November after the Wild got off to a sluggish 5-10-4 start under Dean Evason.

Under Hynes, the U.S. finished second in Group B at the Worlds but was ousted in the quarterfinal round. It was his second time leading the Americans at the tournament – he led them to a bronze-game loss in 2016. He also served as an assistant at the 2019 tournament.

Other than Hynes and Sullivan, USA Hockey has yet to fill out its staff for the 4 Nations tournament, which will run from February 12 to February 20, 2025. A handful of Hynes’ Wild players, likely winger Matt Boldy and Calder Trophy finalist Brock Faber on defense, could play under him at the tournament.

Hynes is now with his third NHL club as a head coach after previous stints with the Devils and Predators. He owns a career 318-279-68 record (.529 points percentage) in 665 regular-season games coached.

Alex Goligoski Considering All Options

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Colorado Avalanche writer Adrian Dater is reporting that the Avalanche and pending unrestricted free agent Jonathan Drouin have yet to begin talks on a potential extension, while Pierre LeBrun of The Athletic is reporting that the two sides are expected to meet later this week. The 29-year-old Drouin played on a prove-it contract this past season for $825K and was terrific for Colorado registering 19 goals and 37 assists in 79 games.

Dater believes that both sides want to sign an extension and it makes sense given the positive results last season. The former third-overall pick struggled through his final four seasons in Montreal and seemed comfortable in Colorado playing alongside Nathan MacKinnon. Money will become a significant factor in the negotiations given the precarious salary cap situation Colorado is currently in, but the belief seems to be that a deal will get done.

In other Central Division notes:

  • Minnesota Wild defenseman Alex Goligoski is reportedly still mulling over the decision about whether he should retire or keep playing (as per David Pagnotta of The Fourth Period). The 38-year-old hasn’t made the final decision about what the future may hold as he explores every potential option. The former Stanley Cup Champion has struggled the past two seasons, tallying just two goals and 14 assists in 82 total games. He was a regular healthy scratch this past season but still managed ten assists in 36 games. Goligoski may generate interest as a seventh defenseman on a team that is looking for someone who can fill in on a second powerplay unit and provide a veteran presence.
  • Chicago Sun-Times reporter Jeff Agrest writes that a new sports network will launch this October in Chicago and will be home to the Chicago Blackhawks as well as the White Sox and Bulls. The Chicago Sports Network will replace NBC Sports Chicago where the Blackhawks have played for almost 20 years. The network will reportedly have agreements with over-the-air providers as well as cable and streaming services but has yet to name any potential partners. The joint venture will see the three teams partner with Standard Media in an effort to try and expand their distribution to the Midwest. The deal is pending approval of the leagues.

Central Notes: Rantanen, Capuano, Hakanpaa, O’Connor

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Colorado Avalanche winger Mikko Rantanen will be eligible for a contract extension on July 1st, giving the team more to worry about than just their nine pending free agents. A new deal won’t come cheap either, shares Corey Masisak of The Denver Post, who compared Rantanen’s extension talks to David Pastrnak, who signed an eight-year, $90MM contract with the Boston Bruins in March of 2023. Pastrnak’s deal carries $9MM in signing bonuses and $26MM in total salary in the first two seasons alone – a price that’d be hard to stomach for an Avalanche team set to pay Nathan MacKinnon $16MM and $12.15MM in salary over the next two seasons. They’ll be helped along by Cale Makar’s team-friendly – relative to his talent – cap hit of $9MM, but he’ll offer another headache when he’s eligible for a new deal in 2027.

Rantanen recorded the second 100-point season of his career this year, though he fell one point shy of the career-high 105 points he posted last year. He’s proven to be one of the best wingers in the league and an integral piece of the Avalanche lineup, with Masisak noting Avalanche general manager Chris MacFarland’s desire to build around a core of MacKinnon, Rantanen, Makar, and Devon Toews. The Avalanche have three of those pieces locked up through the 2026-27 campaign – though they’ll need to be ready to shell out a pretty penny to do it.

Other notes from around the league:

  • Free agent coach Jack Capuano could be a candidate for the Minnesota Wild’s open assistant coaching position, shares Michael Russo of The Athletic (Twitter link). The Ottawa Senators chose not to re-sign Capuano to his associate coach contract this summer, bringing an end to his five-year career with the team. Russo spoke to Capuano’s long history with new Wild head coach John Hynes. That could be a useful connection as he looks to join the fourth team of his NHL coaching career.
  • Dallas Stars defenseman Jani Hakanpaa won’t be joining the team on their trip to Edmonton for Game 6, shares Owen Newkirk of the Dallas Stars Radio (Twitter link). Hakanpaa is set to miss his 32nd-straight game with a lower-body injury suffered in March. The Stars will be eager for Hakanpaa’s return, should it come this postseason, as they sort through questionable defense depth from Nils Lundkvist, Derrick Pouliot, and Lian Bichsel. Dallas is also facing a potential injury to top defender Chris Tanev, who exited Game 4 after blocking a shot from Evander Kane, but returned for Game 5. Whether he’s playing with good health or playoff resiliency, the Stars now won’t be able to bolster the depth behind Tanev until at least Game 7.
  • Colorado Avalanche forward Logan O’Connor is recovering well after undergoing hip surgery and should be ready for the 2024-25 training camp, shares Misisak (Twitter link). O’Connor missed the final 19 games of the regular season with his lower-body injury – though he’ll reflect on the season as a strong one, having scored at the highest rate of his career with 25 points in 57 games, while averaging a career-high 14:57 in ice time.

Wild Fire Assistant Coach Darby Hendrickson

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The Wild fired assistant coach Darby Hendrickson on Friday after a 14-year run behind the Minnesota bench, general manager Bill Guerin announced.

Hendrickson, 51, had served as an assistant since the 2010-11 season, a few years after retiring from a lengthy playing career that included suiting up for the Wild in their first four years of existence. He’d played or served under all seven head coaches in Minnesota history. However, as Michael Russo and Joe Smith of The Athletic write, he becomes a casualty of head coach John Hynes looking to reshape his staff ahead of his first entire season with the club. As Russo and Smith reported, Guerin also felt it was time for Hendrickson to move.

“I would like to thank Darby for all his hard work and commitment to the Minnesota Wild during his long tenure with our organization,” Guerin said. “He has done a tremendous amount of good things for our team and the State of Hockey as a player and a coach. I wish Darby and his family all the best in the future.”

Hendrickson has no other coaching experience outside of his run with the Wild. He’ll now be considered for the numerous assistant vacancies remaining around the league.

As for the Wild’s vacancy created by Hendrickson’s firing, Russo and Smith believe it could be filled via an internal promotion. They suggest longtime Rangers pivot Derek Stepan will be considered after he spent the season around the organization shadowing coaching and hockey operations staff. However, he didn’t hold an official role with the club. The 33-year-old Stepan retired last summer after a 13-year, 890-game career with the Coyotes, Hurricanes, Rangers and Senators.

Offseason Checklist: Minnesota Wild

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The offseason has arrived for all but a handful of teams who are still taking part in the playoffs.  Accordingly, it’s now time to examine what they will need to accomplish over the coming months.  Next up is a look at Minnesota.

After making the playoffs last season, expectations were relatively high for the Wild this season.  They weren’t quite supposed to be at the top of the division but were squarely expected to be in the mix.  That didn’t happen, resulting in an early-season coaching change.  While they rebounded somewhat under John Hynes, they still came up short of making it back to the postseason.  Now, GM Bill Guerin will be looking to make some tweaks to his roster although the bigger swings may have to come a little farther down the road.  Here’s what should be on his checklist this summer.

Examine Gustavsson Trade Options

What a difference a year can make.  This time last year, Filip Gustavsson was coming off finishing second in the NHL in GAA (2.10) and SV% (.931), albeit in just 39 games.  Still, he did well enough to earn a three-year, $11.25MM contract after filing for salary arbitration and it looked like their goalie situation was relatively settled, at least for the short term.

This season, it was a different story.  The 25-year-old saw his GAA jump by nearly a full goal per game, going to 3.06 while losing 32 points off his save percentage.  He still picked up a few extra starts but simply failed to lock down the number one job as they were hoping for.  That likely played a role in their decision to give Marc-Andre Fleury a one-year, $2.5MM extension last month for his 21st and final NHL campaign.

By all accounts, it appears that they feel Jesper Wallstedt, long viewed as their goalie of the future, is ready for full-time NHL duty.  Clearly, they’re not trading Fleury (who has a no-move clause) after just signing him.  Accordingly, unless they plan to carry three goalies (or shuttle Wallstedt) back and forth between Minnesota and AHL Iowa, it appears that Gustavsson may be the odd man out.

Early indications are that this could be a summer where there is more activity than usual on the trade front when it comes to goaltenders which is good news and bad news for the Wild.  It’s good in that there will be more teams looking for options but with a larger supply of netminders potentially available, they’ll be hard-pressed to command a return of some significance, especially with Gustavsson coming off a down season.  Guerin will need to determine what the best offer will be in the coming weeks and if that’s worth making a move now or potentially carrying three goalies into next season and see what the market looks like as the year goes on.

Work On Faber Extension

Last season, Brock Faber joined Minnesota for the final two games of the regular season and then suited up in all six playoff games in their opening-round loss to Dallas.  He had a limited role in the postseason – perfectly understandable for someone just coming out of college – but showed enough to make it look like he could hold his own over a full NHL season in 2023-24.

Let’s just say he did better than that.  A lot better, in fact.  Instead of just holding his own, he became the Wild’s top defenseman pretty quickly.  Not having Jared Spurgeon for most of the year due to injury certainly expedited that ascension but Faber more than earned the extra work as well.  The end result was the 21-year-old leading all Minnesota blueliners with 47 points, 20 more than second-place Jonas Brodin.  He logged nearly 25 minutes a night which not only led all Minnesota players but he had the sixth-highest ATOI in the entire NHL.  He played big minutes on both special teams units as well.  This is not the type of workload you’d expect a rookie who is now barely a year removed from playing college to be carrying.

The fact that he did so while playing on an entry-level deal was huge for the Wild.  It’s great news for next season as well.  But after that, the price tag is going to skyrocket and justifiably so.

The final year of Faber’s contract begins on July 1st, making him eligible to sign an extension at that time.  While there is definitely some risk in handing out what would be one of the richest extensions in franchise history to a player with one full season under his belt, there’s also some risk in not signing him now and then Faber going and having an even better effort in 2024-25 in which case the price would go even higher.

Minnesota’s camp will likely try to use recent deals that Jake Sanderson ($8.05MM) and Owen Power ($8.35MM) signed as comparables but Faber has been more impactful in his early career which means his camp could push for $9MM or more, especially knowing that the deal won’t kick in until 2025-26 when the salary cap could be higher than $90MM.  A new agreement doesn’t necessarily have to get done in the coming months but it stands to reason that this will be one of the higher priorities for Guerin.

Free Up Cap Space

The Wild have been operating well below the salary cap for the past several years thanks to the buyouts of Ryan Suter and Zach Parise back in 2021.  It was an outcome that Guerin knew he was getting into but he wanted to reshape the roster.  While there are still five years left on their respective buyout charges, next season is the last of the whopping charges with each player carrying a dead cap charge of $7.371MM.  (That number drops to $833K starting in 2025-26 which is much more manageable although a good chunk of the savings will be going to Faber.)

Guerin was aggressive with signing some veteran players to early extensions last season which has left Minnesota with minimal space to work with this summer assuming none of them are moved.  Per CapFriendly, they have less than $6MM left in cap room with a handful of roster spots to fill.  While it’s worth noting that of their pending free agents, none project to command a pricey contract, they also won’t have a lot of flexibility to work with to add to their roster.

Accordingly, finding a way to open up a bit more flexibility would certainly help.  If they move Gustavsson and promote Wallstedt, that would free up $2.825MM to work with.  Could they find a home for the final year and $2MM left on Marcus Johansson’s deal?  Even flipping Jonathon Merrill’s $1.2MM elsewhere and carrying a cheaper seventh defender would give them some extra room.  Every little bit is going to make a difference if they want to try to add an impact piece in the coming months.

Add Top-Six Forward

Speaking of impact pieces, they need one up front.  After being in the top five in scoring in 2021-22, the Wild haven’t cracked the top 20 in that department over the last two seasons.  While Kirill Kaprizov, Matt Boldy, and Joel Eriksson Ek gave them a solid 105 goals combined, the rest of their forwards tallied just 108 combined.  That means the secondary scoring wasn’t there consistently enough.

Minnesota will be hoping there will be some internal growth to help bridge some of that gap.  Marco Rossi had a solid rookie year and they’ll be counting on more from him.  They’ll hope that Liam Ohgren and Marat Khusnutdinov can become capable producers in their first full seasons in North America and if that happens, their offense could get back toward the middle of the pack.

That said, they could certainly benefit from a more proven addition to the lineup.  At a minimum, that player would serve as a bridge piece for some of the youngsters (a group that also includes Danila Yurov who could debut late in the 2024-25 campaign) to have some time to step up.  If some of those younger pieces are ready sooner than later, then the veteran helps create a third scoring line which could only help things.

The good news is that there are plenty of these types of players available in free agency.  Someone like David Perron would fit if they want just a short-term addition to let the youngsters get a bit more time to develop.  Same with Adam Henrique if they want to add down the middle.  If they want to aim higher, Tyler Toffoli, Teuvo Teravainen, and Vladimir Tarasenko stand out on the wing while someone like Chandler Stephenson would help at center.

The challenge, of course, is most of the players in this group will take up the majority (if not all of) Minnesota’s current cap space.  That makes it a bit more important to open up some more flexibility on that front before the calendar flips to July and free agency opens up.

Photo courtesy of USA Today Sports Images.

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