Montreal Signs Carey Price To 8-Year Extension
The Montreal Canadiens have announced that they have signed goaltender Carey Price to an eight-year, $84MM extension with a $10.5MM AAV, according to Elliotte Friedman. The deal won’t kick in until the 2018-19 season and will make the 29-year-old goalie the highest paid player in Montreal Canadiens history, according to Sportsnet’s Eric Engles. TSN’s Pierre LeBrun tweets that $70MM of the $84MM will come though a signing bonus, which are in place in case there is a lockout, according to Buffalo News’ Mike Harrington. It also means that’s more money for Price down the road if they choose to buy him out, according to NHL Network’s E.J. Hradek.
For Price, his $10.5MM AAV will briefly be tied for the highest in the NHL, according to Sportsnet’s Chris Johnston. He is currently tied with Blackhawks’ Patrick Kane and Jonathan Toews. However, that will only last until Edmonton Oilers’ Connor McDavid signs his expected $13.25MM extension shortly.
Price will be locked up now until the 2025-2026 season with this deal. Considered by many to be the best goaltender in hockey, the goaltender has a 270-185-55 record. He boasts an goals against career average of 2.40 and has been even better in the past few years, finishing this year with a 2.23 in 62 games with a .923 save percentage. His best season was the 2014-15 year when he won both the Hart Memorial Trophy and the Vezina Trophy after a season in which he finished with a 1.96 GAA and a .933 save percentage in 66 games.
While Price wasn’t set to be a free agent until next year, locking up their franchise goaltender long-term is one less thing to worry about. While the new contract will not come into play for another year, the team will new cap concerns starting a year from now. Montreal currently has $53MM tied up in just 14 players next year.
The Prettiest And Ugliest Contracts Of July 1
Although hindsight is usually the only way to be certain as to when a deal flops, it seems reasonable to make an immediate assessment as to what deals will backfire or pay dividends. Today was a far more reserved July 1st than the league has accustomed itself to, but there are still a few contracts that stick out – for better or for worse.
Pretty: Patrick Sharp – Chicago Blackhawks – $800,000, 1 year.
This doesn’t seem fair. Chicago has been trapped in cap jail, and suddenly, here arrives a productive asset at nearly no cost. Sharp, coming off an injury-filled season, is coming back to the Windy City at a dirt-cheap rate. If he can even find half of the production he had during his last outing, this is a monumental steal. There’s no risk here, and a ton of upside. He still has the hands and hockey IQ to contribute.
Ugly: Steve Mason – Winnipeg Jets – $4,1 MM per, 2 years
Winnipeg was seemingly the last team standing when the music stopped playing. With a goaltending market that inspired no one, the Jets decided today to place their faith in Steve Mason. Coming off a .908 save percentage year, it’s hard to see him doing much worse. But behind the Winnipeg defense, it’s hard to see him doing much better. The pricetag is what really seals this as poor value relative to play. Luckily, if things don’t pan out, it’s only for two seasons. Connor Hellebuyck better prepare himself just in case. Taken in tandem with the highly questionable Dmitry Kulikov contract, GM Kevin Cheveldayoff maybe should have taken the day off.
Pretty: Radim Vrbata – Florida Panthers – $2.5 MM per, 1 year
Vrbata is absolutely a top-six winger, and he was signed for bottom-six money. He can assist a powerplay, and slot up and down a lineup as needed. Florida desperately needed to re-coup some scoring on the cheap after letting so many of their top point-getters walk or be lost to Vegas. With bonuses added in, this becomes a good prove-it deal for Vrbata as well. Solid value was found here for both parties and for a 20 goal, 55 point player, Florida will happily run away from this one.
Ugly: Trevor Daley – Detroit – $3.18MM per, 3 years
Daley was bereft of ice time in these playoffs, and he was competing with some really underperforming defensemen. It’s not like he had a good regular season either – his Corsi For % fell off a proverbial cliff (53.7 to 46.1), and the eye test certainly agreed. He put up decent points, 5 goals and 14 assists through 56 contests, and he can still skate well enough. But long are the days where he can make a difference on special teams or drive an offense with confidence. His turnover rate and inconsistency are not what Detroit needed to stabilize the back-end, and Daley will be 36 at the conclusion of the deal. The last time Daley cut a lucrative free agent deal, Chicago had to offload him due to poor play.
Pretty: Kevin Shattenkirk – New York Rangers – $6.65MM per, 4 years
The money could end up being a slight overpayment, but at the moment it is solid value. Shattenkirk finished 4th in points among defensemen last season and St. Louis never looked the same after he left. He could instantly and single-handedly transform the Rangers’ defense from the jumbled mess they were last season. He will reliably feed the puck to the forward group, and be the quarterback of the Ranger powerplay. What makes this a beautiful deal, however, is the term. If Shattenkirk has a bad year or doesn’t fit the system, New York is not on the hook for eternity. One of the biggest pitfalls in free agency with the bigger names is offering far too many years on contracts. Time and time again, it burns teams who were looking to attract a big fish. GM Jeff Gorton deserves credit here for not going insane with the length, although he was helped by Shattenkirk’s strong desire to return home.
Ugly: Dan Girardi – Tampa Bay – $3 MM per, 2 years
Nothing about this deal makes sense. Girardi earned his buyout from New York through brutal play and horrible possession numbers. Of all the NHL defensemen who played more than 40 games, only Rasmus Ristolainen of Buffalo and Luke Schenn of Arizona had worse Corsi Against per 60 minutes – Girardi finished with 65.11 (versus a 51.67 CF60). By no metric other than shot blocks was he an effective player. He might be worth a flier in hopes of regaining form, but he’s not worth much more. This agreement is made even worse by the fact that Girardi will be stealing valuable playing time from a solid young defenseman like Slater Koekkoek or Jake Dotchin. Combined with the Chris Kunitz signing, this is a team that didn’t get any younger, or any better.
2017 NHL Free Agency Tracker
Stay with PHR for all of the free agency signings this off-season. As of noon ET on July 1st, unrestricted free agency is open, but not before many extensions earlier in June. This page serves to organize everything in one spot, and are linked to the PHR story that corresponds with the signing. All July signings will be separated by date while June signings are organized alphabetically by team. It will be updated as soon as stories post.
Please note that signings on this list start on June 12.
July 1st:
- Anaheim re-signs Cam Fowler (8 years/$52MM)
- Anaheim signs Ryan Miller (2 years/$4MM)
- Arizona signs Adam Clendening (1 year/$650K)
- Boston signs Paul Postma (1 year/$725K)
- Buffalo signs Benoit Pouliot (1 year/$1.15MM)
- Buffalo signs Chad Johnson (1 year/$2.5MM)
- Carolina signs Justin Williams (2 years/$9MM)
- Chicago signs Patrick Sharp (1 year/$1MM)
- Chicago signs J-F Berube (2 years/$3MM)
- Chicago signs Jordan Oesterle (2 years/$1.3MM)
- Colorado signs Jonathan Bernier (1 year/$2.75MM)
- Dallas signs Martin Hanzal (3 years/$14.25MM)
- Dallas signs Tyler Pitlick (3 years/$3MM)
- Detroit signs Trevor Daley (3 years/$9.534MM)
- Florida signs Radim Vrbata (1 year/$2.5MM)
- Los Angeles signs Mike Cammalleri (1 year)
- Los Angeles signs Cal Petersen ( 2 year ELC)
- Los Angeles signs Christian Folin (1 year/$850K)
- Minnesota signs Ryan Murphy (1 year/$700k)
- Minnesota signs Landon Ferraro (2 years/$1.4MM)
- Minnesota signs Kyle Quincey (1 year/$1.25MM)
- Minnesota signs Cal O’Reilly (2 years/$1.4MM)
- Montreal signs Kyle Alzner (5 years/$22.5MM)
- Montreal signs Byron Froese
- Montreal signs Peter Holland
- Nashville signs Nick Bonino (4 years)
- Nashville signs Scott Hartnell (1 year/$1MM)
- Nashville signs Anders Lindback (1 year/$650K)
- Nashville signs Matt O’Connor (1 year/$650K)
- New Jersey signs Brian Boyle (2 years/$5.1MM)
- NY Rangers sign Ondrej Pavelec (1 year/$1.3MM)
- NY Rangers sign Kevin Shattenkirk (4 year/$26.6MM)
- Ottawa signs Nate Thompson (2 years/$3.3MM)
- Philadelphia re-signs Mike Vecchione (2 years/$1.88MM)
- Pittsburgh signs Antti Niemi (1 year/$700K)
- Pittsburgh signs Matt Hunwick (3 years/$6.75MM
- San Jose re-signs Martin Jones (6 years/$34.5MM)
- San Jose re-signs Marc-Edouard Vlasic (8 years/$56MM)
- San Jose re-signs Joe Thornton
- St. Louis signs Beau Bennett (1 year/$650K)
- St. Louis signs Chris Thorburn (2 years/$1.88MM)
- St. Louis re-signs Oskar Sundqvist (1 year/$650K)
- Tampa Bay signs Dan Girardi (2 years/$6MM)
- Toronto signs Ron Hainsey (2 years/$3.25MM)
- Toronto signs Curtis McElhinney (1 year/$850K)
- Toronto signs Dominic Moore (1 year/$1MM)
- Toronto signs Garret Sparks
- Winnipeg signs Dmitri Kulikov (3 years/$13MM)
- Winnipeg signs Steve Mason (2 years/$8.2MM)
- Vancouver signs Sam Gagner (3 years/$9.45MM)
- Vancouver signs Michael Del Zotto (2 years/$6MM)
- Vancouver signs Anders Nilsson (2 years/$5MM)
Montreal Canadiens Sign Byron Froese, Peter Holland
After adding Karl Alzner on a huge contract, the Montreal Canadiens have added a couple of depth forwards. Both Byron Froese and Peter Holland will join the club on two-year contracts. Both players will be on two-way deals for 2017-18, but transition to one-way contracts come the 2018-19 season.
Holland was a first-round pick of the Anaheim Ducks back in 2009, but has found little success in three NHL stops. Given the biggest chance in Toronto, he scored 25 and 27 points in a depth role before being traded to the Coyotes last season. Not issued a qualifying offer by Arizona, he’ll now try to force his way onto the NHL roster in Montreal and show why he was so highly touted coming out of the OHL.
Froese was also traded by Toronto last season, this time as part of the deal that brought Brian Boyle to the Maple Leafs. The minor league forward is a near point-per-game player in the AHL, and will bring that scoring touch to the new Laval Rocket. Whether he makes it to the NHL is still unclear, as he’s never shown enough to warrant a full-time spot on a contender.
Free Agency Rumor Round-Up
Free agency is set to open in mere hours, but there are already plenty of rumors out there about deals that will become official at noon ET. Here are all of the deals expected to be made official this afternoon with the link to the original PHR article or recent report:
Anaheim Ducks expected to sign G Ryan Miller (per TSN’s Bob McKenzie)
Boston Bruins expected to sign LW Kenny Agostino
Buffalo Sabres expected to sign G Chad Johnson
Chicago Blackhawks expected to sign RW Patrick Sharp
Colorado Avalanche expected to sign G Jonathan Bernier
Dallas Stars expected to sign C Martin Hanzal (per TSN’s Bob McKenzie)
Detroit Red Wings expected to sign D Trevor Daley
Florida Panthers expected to sign RW Evgeni Dadonov
Florida Panthers expected to sign C Micheal Haley
Montreal Canadiens expected to sign D Karl Alzner
New York Rangers expected to sign G Ondrej Pavelec
Philadelphia Flyers expected to sign G Brian Elliott
Tampa Bay Lightning expected to sign D Dan Girardi
Vancouver Canucks expected to sign D Michael Del Zotto
Vancouver Canucks expected to sign G Anders Nilsson
Vancouver Canucks expected to sign C Sam Gagner (per TSN’s Bob McKenzie)
Winnipeg Jets expected to sign G Steve Mason (per TSN’s Bob McKenzie)
Canadiens Sign Karl Alzner To Five-Year Deal
TSN’s Aaron Ward was the first to tweet that defenseman Karl Alzner could be a member of the Montreal Canadiens. The deal will be for five seasons, and come in at an average annual value of $4.625MM.
The defenseman was rumored to a number of teams during the courting process and on PHR’s list, Alzner is ranked the third best UFA on the market. Though we targeted him heading to the Chicago Blackhawks, we predicted a five-year term at $24.5MM which clocks in at a $4.9MM AAV.
The Tampa Bay Lightning, another team looking to upgrade on the blueline, were apparently not targeting Alzner tweets The Tampa Times’ Joe Smith. The 28-year-old defenseman has spent his entire career with the Capitals organization, and last season, posted 13 points (3-10) in a full season’s worth of work.
Sylvain Lefebvre To Coach Laval Rocket
The Montreal Canadiens have hired Sylvain Lefebvre as the first coach of the Laval Rocket, their new AHL affiliate. It’s not much of a change, as Lefebvre has been the coach of Montreal’s affiliate for the past five years, in both Hamilton and St. John’s. He took the IceCaps to the playoffs last season for the first time in his coaching career, but was knocked out in the first round.
Lefebvre had a long NHL career with several clubs, suiting up for 945 games and scoring 184 points. He once hoisted the Stanley Cup as a member of the Colorado Avalanche, and recorded 18 points in 129 career playoff games. The Canadiens also named Larry Carriere as General Manager of the club, in addition to his responsibilities as assistant GM of Montreal.
Montreal Canadiens Discussing Bringing Back Alexei Emelin
- LeBrun also reports that the Montreal Canadiens have looked into a possible reunion with Alexei Emelin, selected last week in the expansion draft. Like many of the other veteran defenders, Emelin is expected to be flipped from the Vegas Golden Knights in the coming days, and Montreal could possibly re-acquire him. LeBrun adds that the Ottawa Senators have also shown interest in the big defenseman, perhaps as a replacement to their own expansion loss, Marc Methot.
Montreal Canadiens Sign Jacob De La Rose
The Montreal Canadiens have signed one of their most interesting prospects, Jacob De La Rose, to a one-year, one-way contract for 2017-18. The deal will be worth $725K next season. De La Rose was set to become a restricted free agent this summer.
De La Rose, 22, was selected 34th-overall in 2013 and has had a very up and down career thus far. Splitting time between the Canadiens and their AHL affiliate, De La Rose hasn’t been able to make a huge impact at either level. While the one-way contract doesn’t guarantee he’ll be playing in the NHL, it’s a good sign that Montreal believes he can make an impact next season. In 64 games at the top level so far, he has just six points.
The interesting thing about De La Rose is that he may be able to make an impact without registering many points. His defensive acumen has always been his calling card, and size and defensive ability down the middle is something the Canadiens desperately need. Though he still hasn’t shown much ability to create offense on his own, the Canadiens find themselves full of talented offensive wingers who could use someone to take some of the defensive pressure off. While he won’t be put on the top line right away, he still has a chance to develop into a top-six player that leans more defensively but can chip in when surrounded by the right linemates.
CHL 2017 Import Draft Results
The CHL is holding its annual import draft today, where teams from across the Canadian junior leagues get to select the rights to players around the world. Often these are recently drafted prospects, or those seen to have good chances at next year’s draft. Being selected has no guarantee that the player will actually ever suit up for the team, as Klim Kostin (the 31st-overall pick in this year’s NHL entry draft) has made very clear. Kostin was selected first-overall in the import draft last year, but has said that he has no intention of ever playing for the Kootenay Ice, instead hoping to play in the AHL or NHL next season.
Sometimes though, you can get an immense talent. Nico Hischier was selected sixth-overall by Halifax last season, and quickly rose to the first-overall pick in the 2017 Entry Draft. Mikhail Sergachev was also selected sixth in the 2015 draft before eventually being the return for Jonathan Drouin this summer. To be sure, there will be a name or two out of this year’s draft to make a huge impact in the NHL. Each team can only carry two import players on the roster, meaning many will pass on the opportunity to select another one. The results are below (including the NHL team that drafted them this weekend):