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Trade Rumors: Florida, Chicago, Toronto, Hall, Iafallo

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The Florida Panthers’ trade of Brett Connolly earlier today was seemingly a precursor to something more, perhaps even a lot more. The trade opens up even more cap room for a Panthers’ team that already had substantial space, seemingly allowing them to do whatever they want at the trade deadline. With an estimated $16.4MM in full-season cap space per CapFriendly, no one is off limits to the Cats, who are looking to make the most of their firm playoff position in the Central Division. TSN’s Pierre LeBrun reports during the latest edition of “Insider Trading” that Florida is seeking both a top-six forward and top-four defenseman and with this additional space, there is no reason why they can’t address both if they can find reasonable trades. LeBrun notes that the Panthers were one of the teams discussing Kyle Palmieri with the New Jersey Devils prior to yesterday’s deal and will have to look elsewhere for help up front. On the blue line, LeBrun believes that rookie GM Bill Zito could look to reunite with David Savard, one of his former players in Columbus and a player heavily expected to be dealt before the deadline. One way or another, the Panthers are absolutely a buyer and a team to watch as Monday’s deadline approaches.

  • As for the other side of this morning’s trade, the Chicago Blackhawks are expected to continue to use their cap room in hopes of adding other assets, LeBrun reports. Today’s deal not only landed a serviceable forward in Connolly, but also two nice young assets in Riley Stillman and Henrik Borgstrom. GM Stan Bowman would like to make as many of these types of deals as he can before the deadline. With so many teams across the league struggling with cap space, the Blackhawks could net several other pieces by offering up their financial flexibility. Specifically, LeBrun notes that Bowman has been talking to the Maple Leafs about a trade that would free up some space in Toronto.
  • The Maple Leafs have been searching for a forward for some time, but it has not been going well. Not only are the Leafs dealing with a cap crunch, but their targets keep disappearing from the market too. Frank Seravalli reports that Toronto had previously shown strong interest in both Palmieri and Nashville’s Mikael Granlund; Palmieri is now an Islander and the Predators are in playoff position. The team will have to look elsewhere, but don’t expect them to turn to Taylor Hall. While Darren Dreger notes that interest in Hall is picking up with Palmieri off the market, Seravalli notes that the Leafs are not a suitor. Both Hall’s cap cost and the asking price to acquire him are thought to be too much for GM Kyle Dubas. That could change if Toronto finds a way to open up cap space and the bidding war for Hall fizzles out, but it seems unlikely that a deal will come together by Monday if the Leafs have shown no interest thus far.
  • Tanner Pearson has finally signed a new contract with the Vancouver Canucks, but don’t worry a new extension-or-trade drama has already rose up to take it’s place. Seravalli reports that the Los Angeles Kings have been working hard to re-sign impending UFA forward Alex Iafallo and have previously turned away trade offers. However, the two sides have not been able to reach an agreement and time is running out. L.A. is now finally listening to offers for Iafallo, though extension talks continue. The Kings still hope to re-sign the 27-year-old scorer, but will have no choice but to trade him if a deal is not in place by Monday. L.A. is too far outside of a playoff spot right now to justify keeping Iafallo only to watch him walk for nothing as a free agent.

College Notes: Team USA, Hellickson, Ford, Peart

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Though it should come as no surprise, USA Hockey has officially tabbed Providence College head coach Nate Leaman to lead the American entry into the 2022 World Junior Championship. Leaman coached Team USA to a gold medal this year and more than earned another go-round as head coach. “It’s always an honor to be asked to coach for my country and I’m grateful to be back behind the bench,” Leaman stated. “I’m excited to see some familiar faces, and coach some of America’s best young talent, as we look to build another championship roster.” The Friars’ bench boss, who has also been linked to NHL openings in the past, has nearly two decades of experience as a head coach at the college level, not only finding consistent success in the standings, but also in developing NHLers. Leaman will also be making his fourth appearance at the WJC for the U.S., but only his second as head coach. The Americans have medaled in six of the past seven tournaments, including two gold medals, so the bar has been raised for their performance. Fortunately, with Leaman at the helm they are in good hands in 2022.

  • Notre Dame defenseman Matt Hellickson has signed with the Devils, but not the ones who drafted him – at least not yet. Hellickson, a seventh-round selection of New Jersey back in 2017, has signed a contract with the AHL’s Binghamton Devils for the remainder of the season, the team announced. The organization going in this direction with the prospect defender as opposed to signing an entry-level contract that begins next season and merely finishing the year in Binghampton on an amateur tryout raises questions about his future. It seems possible that the Devils are still hoping to see more development from the four-year Fighting Irish starter before handing him an NHL contract. Hellickson, 23, was not as productive in the NCAA as he had been in the USHL before he was drafted, but was still a reliable presence on the back end for Notre Dame. Perhaps the concern from New Jersey is not that Hellickson is not pro ready, but simply lacks NHL upside. He will look to prove otherwise over the rest of the season.
  • As the NCAA transfer market continues to operate like NHL free agency this off-season, another notable name is moving on. Bowling Green captain Connor Ford has announced that he will spend his graduate season at North Dakota. Ford, 23, has been one of Bowling Green’s best players in each of his four seasons and has certainly drawn some attention from the pro ranks. However, this move likely indicates that his current offers were of the AHL variety instead of NHL entry-level proposals, so he will take his chances with a fifth year in college. If Ford is able to maintain his top scorer status with a power house like North Dakota, those NHL offers should roll in next year for the impressive forward.
  • As if St. Cloud State University needed anything else to be excited about, the NCAA Tournament finalist can now claim to be the future home of the best high school player in the state. Defenseman Jack Peart has been named the 2021 recipient of the Mr. Hockey Award as Minnesota high school hockey’s top athlete. The dynamic defender recorded a stunning 11 goals and 35 points in just 18 games for Grand Rapids High this year, earning him the honors. He added 11 goals in 18 games for the USHL’s Fargo Force as well. The offensive blue liner is a game-changer on the back end, which will likely lead to his selection in the second or third round of the upcoming NHL Draft. He will then head to St. Cloud where he will be expected to take on a big role right away. There is a strong correlation between winning the Mr. Hockey Award and finding NCAA success and playing in the NHL, with past winners including Ryan McDonagh, Nick Leddy, Nick Bjugstad, and Casey Mittelstadt. Peart is a name to keep an eye on.

Three Players Clear Waivers

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April 8: All three players have cleared waivers and can be assigned to the taxi squad or minor leagues.

April 7: Three players have been placed on waivers today, as Elliotte Friedman of Sportsnet reports that Richard Panik of the Washington Capitals, Nick Merkley of the New Jersey Devils, and Martin Frk of the Los Angeles Kings all find themselves available to the rest of the league.

Panik was scratched again last night for the Capitals, the third time he had been out of the lineup in the last five games. That is what happens when you are brought in for secondary scoring and record just three goals and nine points in 36 games. Panik hasn’t been close to effective enough in his role this season, failing to record a point in his last eight and only generating five shots on goal during that stretch. Remember that the 30-year-old forward is on a four-year contract he signed with the Capitals in 2019 and carries a $2.75MM cap hit. $1.075MM of that can be buried by putting him on the taxi squad, giving the Capitals a little more cap flexibility as the deadline approaches.

Merkley is in a nearly opposite situation in New Jersey, where he is still just trying to establish himself at the NHL level. The 23-year-old actually has six points in 13 games this season but doesn’t have a consistent enough effort at the defensive end of the rink. A first-round pick in 2015, there is obvious offensive skill locked away in Merkley, but it’s hard to rely on him in a top-six role at this point in his career. The bottom-six isn’t a great fit for the 5’10” forward, meaning he’s stuck in a difficult situation. Just like New Jersey did when they included him in last year’s Taylor Hall deal, perhaps another team believes they can unlock the next level for Merkley and grabs him off waivers. Given he cleared in January though, that seems unlikely.

If Panik is an overpaid veteran and Merkley is a young player trying to find his way, Frk falls somewhere in the middle. The 27-year-old has been given countless opportunities to really establish himself at the NHL level and despite being an elite minor league contributor, can’t seem to keep his head above water when he moves up. Armed with an incredibly hard shot, Frk scores goals on a consistent basis in the minor leagues but has just 18 in 118 NHL contests. He’s played just one game for the Kings this season after spending most of it on injured reserve, and is likely headed for the taxi squad if he clears.

New York Islanders Acquire Kyle Palmieri, Travis Zajac

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The first major deal of the 2021 NHL Trade Deadline has landed, and while it is a big move, it should not come as much of a shock. The New York Islanders, seeking a replacement for the scoring and leadership lost by captain Anders Lee’s season-ending injury, have added both in a trade with the Devils, acquiring veteran forwards Kyle Palmieri and Travis Zajac. The trade, as first reported by The Athletic’s Arthur Staple, marks the second season in a row that the Isles have acquired a career-Devil from their cross-town rivals, as Zajac will reunite with long-time teammate Andy Greene in New York. Both Palmieri and Zajac are immediately available to the Islanders due to their nearby locale and are expected to join the team tomorrow.

As one can imagine, the trade return for the Devils is substantial, even in a buyer’s market. In exchange for their two core forwards and 50% retention on both salaries, New Jersey receives the Islanders’ 2021 first-round pick, a conditional 2022 fourth-round pick, and young forwards A.J. Greer and Mason Jobst. The conditions one the second pick is as follows: if New York reaches the Stanley Cup Final this season, the fourth-rounder becomes a third-rounder and the Devils can choose if they would like it to be in the 2022 or 2023 draft.

This trade obviously has the fingerprints of Islanders GM Lou Lamoriello all over it. The veteran executive was the GM of the Devils when Zajac was drafted in 2004. He tried to re-acquire the two-way center last season, but Zajac would not waive his No-Movement Clause. This time around, with his contract set to expire, Zajac is willing to finally move on from the Devils in pursuit of a Stanley Cup, especially when he’ll be joined by some familiar faces. After giving up a second-round pick for Greene last year, Lamoriello did not hesitate to go back to the well in New Jersey and offer up a first for Zajac and Palmieri. He also may have played to the home crowd somewhat, adding a Long Island native in Palmieri. The 78-year-old GM is all in this year, and making the fans happy along the way.

Just what are the Islanders getting in this deal? For starters, they are adding over 1,600 NHL games of experience to the lineup, an element that can’t be understated for a contender. It certainly will help to make up for the loss of Lee in the leadership department. Offensively, neither Palmieri nor Zajac have been at their best this season, but they are still top-five scorers for the Devils with 15 goals and 35 points between them. Palmieri was considered one of the top targets on the market even in a down season and playing with any of the Islander’s three top-notch centers, especially Mathew Barzal, should help his scoring to improve. Zajac is the perfect fit for head coach Barry Trotz’ conservative system as a smart, measured, two-way forward. Where exactly he fits in the lineup on a deep roster remains to be seen. The Islanders will have to figure out what works best with their many possible line combinations, but for now Palmieri and Zajac will bump Oliver Wahlstrom and Kieffer Bellows from the active roster. An underrated part of this trade from the Islanders standpoint is the retained salary. With only half of Palmieri’s and Zajac’s contracts contributing to the cap payroll, the Devils are still left with about $3MM in Long-Term Injured Reserve space, enough room to make another acquisition if they so choose.

As for the Devils, they land a coveted first-round pick – an asset that is expected to be hard to come by for sellers this season. GM Tom Fitzgerald knew that the Islanders had no second-rounder to spare because he had already acquired last season in the Greene deal, so knew a first-rounder would have to be in play if the Islanders wanted Palmieri. Adding Zajac and retaining salary certainly helped the cause, but in the big picture it is well worth it to add another top prospect to the New Jersey rebuild. As for the players in the package, they aren’t flashy names or long-term building blocks, but could be nice depth additions if the Devils decide to hold on to them. Jobst has yet to get going in the pros with 15 points in 50 AHL games, but was a Hobey Baker candidate at Ohio State and scored at will in his college career. Undersized and already 27 years old, Jobst isn’t exactly a prospect and is on an expiring contract, but could be a good depth forward if New Jersey gives him a chance to translate his game to the top level. Greer, 24, was a second-round pick of the Colorado Avalanche in 2015 and already has 37 NHL games and over 200 AHL games to his credit. Greer plays with size and energy but has also shown a scoring touch in the minors, making him a valuable substitute who can contribute in any role. The impending RFA has not proven himself to be an NHL regular just yet, but should have an opportunity with New Jersey down the stretch to prove he is worth a new contract and an extended look.

 

Nico Hischier (Nasal Surgery) Has Resumed Skating

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  • New Jersey center Nico Hischier has resumed skating as he works his way back from nasal surgery three weeks ago, notes Sam Kasan of the Devils’ team website. It has been a tough season for their new captain as the 22-year-old has been limited to just five games between this, a stint on the CPRA list, and an offseason leg injury.

Poll: Where Will Kyle Palmieri Be Traded?

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The writing is on the wall in New Jersey, where the Devils have pulled Kyle Palmieri from game action. His agent says it is in “anticipation of a trade” in the coming days, meaning he is going to be on the move before the April 12 deadline.

But where will he end up? Palmieri is one of the most attractive rentals on the market, coming off five straight seasons with at least 24 goals. While his numbers are down this season, he still has 17 points in 34 games which tied him for third among Devils forwards heading into today’s action (Travis Zajac and Jack Hughes broke that tie with points in the afternoon game).

The fact is no one on the Devils has been that effective offensively this season, suggesting that Palmieri could potentially regain his goal-scoring form if added to a contender at the deadline. Whether those contenders can afford him is another story.

With a $4.65MM cap hit, Palmieri isn’t the easiest player to fit in under a flat salary cap. Sure, the Devils could retain up to half of that deal, but that likely drives the cost of acquisition up even further. He also holds a modified no-trade clause which allows Palmieri to block deals to eight clubs, though it is unclear which teams are on it or whether he would be willing to waive it.

So where do you think he’ll end up? Cast your vote below and explain your thoughts in the comments down below.

[Mobile users click here to vote]

Kyle Palmieri Held Out In Anticipation Of Trade

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Last season when the New Jersey Devils were getting closer to a trade of Taylor Hall, they kept the winger out of the lineup to ensure he didn’t suffer an injury. The Devils will do it again as Kyle Palmieri will not dress tonight due to “precautionary reasons.” Palmieri’s agency Bartlett Hockey confirms that the move is made “in anticipation of a trade” in the coming days.

Just last night, Pierre LeBrun of The Athletic tweeted that Palmieri and the Devils were trying to hammer out a last-minute extension, but that things were trending toward a trade of the veteran winger. That seems to be the decision now with just over a week before the trade deadline and Palmieri heading to unrestricted free agency at the end of the year.

The 30-year-old winger has 17 points in 34 games this season and has recorded at least 24 goals in each of the last five years. That kind of consistent offensive production will be very attractive to contenders in need of a boost in the top-six, as long as they can fit in his salary. Palmieri carries a $4.65MM cap hit, though the Devils could retain up to half of that to maximize the return.

Of note, Palmieri also has an eight-team no-trade clause (which James Mirtle of The Athletic believes includes the Toronto Maple Leafs) and could have some say in the upcoming discussions.

Photo courtesy of USA Today Sports Images

Three Players Clear Waivers

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April 2: All three players have cleared waivers and can be assigned to their respective taxi squads or minor league teams.

April 1: The waiver wire has some interesting names on it today, as Elliotte Friedman of Sportsnet reports that Tyler Ennis of the Edmonton Oilers, Nikita Gusev of the New Jersey Devils, and Matt Luff of the Los Angeles Kings have all been placed on waivers. The trio of forwards are available for claim by the rest of the league.

Gusev’s name will stand out among the group, given how recently he was considered an up-and-coming name in the NHL. The 28-year-old made a splashy debut for the Devils last season, scoring 44 points in 66 games after signing a two-year, $9MM deal. The Devils only had his rights in the first place after trading second and third-round picks to the Vegas Golden Knights, a deal they might want to reverse if they had the chance.

In 20 games this season, Gusev has just five points and has received 16 or more minutes of ice time just twice. Since the beginning of March he has registered just one point and played a season-low 8:41 just a few games ago. With his $4.5MM cap hit that just isn’t cutting it, meaning the end to his Devils career might be coming quickly. Gusev is an unrestricted free agent at the end of the season and the team has several top forward prospects pushing for roster spots. One of them, the recently-signed Tyce Thompson, joined practice today for the first time. While it seems very unlikely that Gusev will be claimed, perhaps a deal could be made with a team should the Devils be willing to eat some of his cap hit. Clearing waivers would make him a more desirable trade asset, since he will be able to be placed on the taxi squad.

Ennis has been here before, clearing waivers in January for the Oilers. The undersized forward is a useful player, but one that can only fit certain roles. For Edmonton, room was needed on the active roster and under the salary cap to add Alex Stalock, who will serve as additional goalie depth down the stretch. Given Ennis has already cleared once, the chance of claim this time around remains low.

Luff started the year on injured reserve and has played just 11 games for the Kings, but doesn’t represent much offensive upside anyway. The 23-year-old winger went undrafted and has made it to the NHL after grinding it out in the minor leagues, but has just one point this season. His contract is a two-way deal worth $700K, which means he might actually draw the most interest on the wire, but just like most of the other skaters this season is more likely to clear and be assigned to the taxi squad.

Injury Notes: Zucker, Malkin, Hischier, Andersen

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The Pittsburgh Penguins have officially activated Jason Zucker from injured reserve and have listed him as a game-time decision for their contest tonight against the New York Islanders. Zucker is returning much quicker than many had anticipated when he went down with a lower-body injury in late-February but will be a welcome addition to the Penguins lineup.

Now 29, Zucker has just seven points in 17 games for Pittsburgh this season but is coming back at the perfect time. The team has moved Evgeni Malkin to long-term injured reserve retroactive to March 16 meaning he will miss at least six more games. Drew O’Connor and Jonathan Gruden have also been moved to the taxi squad.

  • Another East Division team got some good injury news, as Nico Hischier has resumed workouts and cardio activity after his recent sinus fracture. There is still no timetable for Hischier’s return, but Devils head coach Lindy Ruff expressed some optimism for the young forward, saying he is “progressing” in his recovery. Hischier underwent surgery to repair the fracture on March 15 and was given a three-week timeline, meaning he is still expected back early next month.
  • The Toronto Maple Leafs will have Michael Hutchinson in net tonight as they try to limit the workload for Jack Campbell, who has taken over starting duties in Frederik Andersen’s absence. Toronto has been very tight-lipped when it comes to Andersen’s injury, but Elliotte Friedman of Sportsnet writes that the team does not currently believe that it is season-ending. Of course, if it were to keep Andersen out the rest of the regular season, the Maple Leafs would have some added cap flexibility through long-term injured reserve. Friedman suspects the front office has “a move or two in his back pocket” for when the cap numbers work. Andersen hasn’t played since March 19.

Trade Deadline Primer: New Jersey Devils

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Although we’re less than three months into the season, the trade deadline is already just three weeks away.  Where does each team stand and what moves should they be looking to make?  We continue our look around the league with the New Jersey Devils.

The New Jersey Devils are near the bottom of the East Division in seventh place, only holding a significant lead over the struggling Buffalo Sabres. The team has been undergoing a solid rebuild and this trade deadline will be no different with several players likely available to be had. Last year, the Devils made quite a few successful deals, picking up an extra two first-rounders to add more talent to their young prospect pool. Expect more of the same this year.

Record

13-16-4, .448, 7th in East Division

Deadline Status

Seller

Deadline Cap Space

$22.7MM in full-season space ($36.67MM at the trade deadline), 0/3 retention slots used, 46/50 contracts used per CapFriendly

Upcoming Draft Picks

2021: NJ 1st, NYI 2nd, NJ 3rd, ARZ 3rd, NJ 4th, BUF 5th, NJ 6th, ARZ 7th
2022: NJ 1st, NJ 2nd, NJ 3rd, NJ 4th, NJ 5th, CLB 5th, NJ 6th, NJ 7th

Trade Chips

The biggest name on the trade list is veteran forward Kyle Palmieri, who will be an unrestricted free agent next season. While the team could consider inking Palmieri to a long-term extension, generally long-term deals for players 30 or older rarely work out and Palmieri just hit 30, suggesting that the team might be better off moving him. The winger has been a major piece to the team’s core over the last six years and Palmieri has been as consistent as you can get, scoring at least 24 goals every season — except this one. This year has seen Palmieri’s numbers slide as he has just seven goals and 16 points in 32 games. Some of that can be attributed to playing on a weak team. However there should be quite a few teams who might be willing to pay significantly to get their hands on Palmieri.

The Devils also have another forward who could be on his way out. The team traded for KHL star Nikita Gusev a year ago in hopes of adding an elite scorer to their team. The season didn’t work out, but Gusev had a solid rookie campaign, scoring 13 goals and 44 points. However, things are different one year later. With a new head coach, Gusev’s ice time has dropped more than a minute and the 28-year-old has just two goals and five points in 20 games. With one year remaining on his two-year deal, teams might be eager to bring in Gusev and hope he can spark their team’s offense. At $4.5MM, that might be a costly gamble, but New Jersey has plenty of cap room to retain half that salary.

The Devils also have a number of solid defensemen who could find themselves moved at the trade deadline. The team has Ryan Murray, Dmitry Kulikov and Sami Vatanen available and all three likely could be had for middle-round draft picks. All three will be unrestricted free agents next season. Kulikov ($1.15MM) and Vatanen ($2MM) are both reasonably priced with Murray making $4.6MM for the remainder of the year. However, all could help contending teams with depth — something everyone is looking for for the stretch run.

Others to Watch For: F Andreas Johnsson, D P.K. Subban, F Miles Wood

Team Needs

1) Draft Picks – The team has coveted picks more than anything else over the last few years and would like to keep adding top-end picks. The Devils traded away their own second-rounder when it acquired Gusev from the Vegas Golden Knights and wouldn’t mind getting more draft capital. Regardless, with a young core in place and developing around Jack Hughes, the more young talent it can add over the next couple of years will only strengthen the team’s long-term success.

2) Young NHL-ready prospects — The team did pick up a few young players last season at the trade deadline, namely Janne Kuokkanen and Nolan Foote. Kuokkanen has been a pleasant surprise, while Foote has looked good in the AHL. The Devils wouldn’t mind picking up a few more of those types of players who might be able to work their way onto the roster or add depth in their minor league team. With plenty of their young talent ready to develop, bringing in prospects who are close to contributing might be a better than just draft picks.

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