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Devils Given Green Light To “Spill The Coffers”

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New Jersey has been a team that has been well below the Upper Limit of the salary cap but that may be changing this offseason.  Scott O’Neil, the outgoing CEO of the owning partnership of the team, made an appearance on the Speak of the Devils podcast (audio link) earlier this week and indicated that GM Tom Fitzgerald had been given the green light to spend and add to his roster:

Let’s spill the coffers. We’ve got plenty of cap space, let’s use it. We’ve got plenty of picks, let’s go get ’em. We’ve got the expansion draft, that’s going to create opportunity. ’Fitzy’ seems like he’s locked in, zeroed in. He’s got the green light to go. Let’s put some players on the ice.

It’s time. It’s time to start building up. We have this young core in place. Now let’s go build a hockey team and win some games.

It has been a tough stretch as of late for the Devils who missed the playoffs for the third time in a row and the eighth time in the last nine years.  Along the way, they’ve added a pair of number one picks in centers Nico Hischier and Jack Hughes but the supporting cast still needs some improvement.  Over the past three years, they’ve finished no higher than 25th in goals scored and no better than 26th in goals allowed.  Upgrades are needed pretty much everywhere as a result although Mackenzie Blackwood has some promise in goal.

New Jersey has an extra first-round pick at 29th overall from the Kyle Palmieri and Travis Zajac trade but they only have one pick in each of the remaining six rounds.  That could limit their trade chips from there although the late first-round selection is certain to intrigue teams on draft night, especially in a draft like this which has much more uncertainty than usual.  If someone starts to slide, that pick will generate some interest.

But what they do have plenty of is cap space as they sit more than $37MM under the cap, per CapFriendly.  More importantly, there aren’t many prominent unrestricted free agents (other than defenseman Ryan Murray) while there are no pending big-ticket contracts for a restricted free agent either.  Once they take care of those, there will still be plenty of money to go around.

In an offseason where teams will be looking to move money and free agency likely to resemble the fall where big offers aren’t as prominent as usual, this should set Fitzgerald and the Devils up for a productive summer, especially now that they have the green light to spend more.

Devils Willing To Consider Trading Fourth-Overall Pick

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  • The New Jersey Devils are in the market for a young defenseman and would consider trading the fourth-overall pick, according to Elliotte Friedman of Sportsnet. The Devils have selected in the top ten three times in the last few years, taking Nico Hischier (first overall, 2017), Jack Hughes (first, 2019), and Alexander Holtz (seventh, 2020) in the early part of the first round. Perhaps that makes this year’s pick a little more expendable, especially with the uncertainty surrounding the 2021 class. Any trade that happens in the next few weeks has expansion draft implications, but as we examined recently, the Devils have a real opportunity to add defensemen with no risk of losing them to the Seattle Kraken.

Expansion Primer: New Jersey Devils

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Over the next few weeks, we will be breaking down each team’s situation as it pertains to the 2021 NHL Expansion Draft. Which players are eligible, who will likely warrant protection, and which ones may be on the block to avoid the risk of losing them for nothing? Each team is required to submit their protection lists by 4:00 PM CDT on July 17th. The full eligibility rules can be found here, while CapFriendly has an expansion tool to make your own lists.

The last time the New Jersey Devils went through an expansion draft, they were coming off a terrible season where they finished last in the Metropolitan Divison and didn’t have a ton of assets to worry about losing. The team decided to go with the eight-skater protection strategy in order to protect defenseman Mirco Mueller, and ended up losing Jon Merrill. It ended up being the wrong choice, but both were never really impact defensemen before or after the expansion draft. This year things are relatively similar, with the Devils being at risk of losing a player who may continue on in the NHL but isn’t likely to win any awards.

Eligible Players (Non-UFA)

Forwards:

Nico Hischier, Andreas Johnsson, Jesper Bratt, Miles Wood, Pavel Zacha, Nathan Bastian, Nicholas Merkley, Brandon Gignac, A.J. Greer, Yegor Sharangovich, Michael McLeod, Marian Studenic, Janne Kuokkanen

Defense:

P.K. Subban, Damon Severson, Will Butcher, David Quenneville, Colby Sissons, Colton White, Jonas Siegenthaler

Goalies:

Mackenzie Blackwood, Evan Cormier

Notable Unrestricted Free Agents

D Ryan Murray, D Connor Carrick, G Aaron Dell

Notable Exemptions

F Jack Hughes, F Jesper Boqvist, F Tyce Thompson, D Ty Smith, D Kevin Bahl

Key Decisions

The biggest difference between then and now for the Devils is the number of interesting young forwards that could require protection. The team used only four spots upfront in 2017 but are almost certainly going to use the seven forward-three defenseman protection strategy this time around. Hischier, Bratt, and Zacha, who have grown and developed together the last few seasons are no-brainers. Sharangovich and Kuokkanen may not have been protected a year ago, but both became regular NHL options this season. That already fills five of the seven spots, meaning only two more of the group that includes Wood, McLeod, Johnsson, Bastian, and Merkley can be kept away from Seattle.

It would have been easy to choose Johnsson before he became a ghost this season, disappearing completely after breaking out in Toronto. The 26-year-old winger had just 11 points in 50 games for New Jersey but carries a cap hit of $3.4MM through 2022-23. It very well could bite the Devils if he heads to Seattle and rediscovers his game, but at this point, he isn’t really deserving of a protection spot.

Wood, 25, has never shown he can create much offense for his linemates, but it’s hard to argue with 17 goals in 55 games. The speedy forward has continued to cash in on his opportunities and brings an incredible amount of energy to the rink every night. He is likely going to be one of the two extra spots, though there at least has to be some consideration of the others. McLeod, Bastian, Merkley, and even Studenic are all still just finding their way at the NHL level but any one of them could take a step forward next season. There is a reason why the first three were all taken with high draft picks and New Jersey could decide to try to block Seattle from snatching up an unpolished gem.

On defense, the team almost has an extra protection slot, given how poorly Subban performed this season. His $9MM cap hit will likely scare off the Kraken but even if it doesn’t, removing him from the Devils lineup shouldn’t be too much of a negative for a team that is obviously trying to go with a young group. There’s not really any reason to protect Subban, meaning the Devils could even pursue a trade to help out a team that is overloaded.

In fact, Butcher is in a similar situation, even if his contract isn’t nearly as expensive. The 26-year-old has basically played himself out of the lineup in New Jersey, serving as a healthy scratch many times this year. He recorded just 11 points in 23 games and though his minutes were back up by May, his place in the future of the Devils is extremely unclear. That means the Devils really only have Severson to protect on the back end, giving them some flexibility and leverage in trade talks over the next few weeks. If they end up failing to add anyone, Siegenthaler is perhaps a piece they would like to keep after acquiring him this season, but it seems unlikely he’d be picked over an available forward anyway.

Goaltending is the one place where there isn’t much debate. Blackwood is the choice, while Cormier meets the exposure requirements. Dell and Wedgewood are both pending free agents and depth options at best.

Projected Protection List

F Nico Hischier
F Jesper Bratt
F Miles Wood
F Pavel Zacha
F Yegor Sharangovich
F Michael McLeod
F Janne Kuokkanen

D Damon Severson
D Will Butcher
D Jonas Siegenthaler

G Mackenzie Blackwood

*Assuming no acquisitions

Skater Exposure Requirement Checklist

When Vegas had their expansion draft, a minimum of two forwards and one defenseman had to be exposed that were under contract and played either 40 games in the most recent season or 70 over the past two combined.  Due to the pandemic, those thresholds have been changed to 27 games played in 2020-21 or 54 in 2019/20 and 2020-21 combined.  In creating our expansion list for each team in this series, we will ensure that these criteria are met.

Forwards (2): Andreas Johnsson, Nathan Bastian
Defensemen (1): P.K. Subban

One of the key decision-making factors in the protection list upfront could be these exposure requirements, as only Hischier, Johnsson, Bratt, Wood, Zacha and Bastian currently meet them. New contracts for Merkley, Sharangovich, McLeod, or Kuokkanen would get them there, but as restricted free agents they currently don’t fit. On defense, Subban and Butcher both meet the requirements, meaning the team has little to worry about on the back end.

Photos courtesy of USA Today Sports Images.  Contract information courtesy of CapFriendly.

New Jersey Devils Showing Interest In Rasmus Ristolainen

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The Buffalo Sabres are a team to watch on the trade market this summer and not only because of Jack Eichel. At their end-of-year press availability, Sam Reinhart and Rasmus Ristolainen both expressed some frustration with the organization’s lack of success and knew their names would be brought up in the offseason. Ristolainen in particular has been involved in trade speculation for years, as his blunt way of speaking his mind has led to some choice quotes.

Now, Lance Lysowski of the Buffalo News is reporting that the New Jersey Devils have shown interest in the 26-year-old defenseman, noting that the team has a glaring hole on the right side because of the pending free agency of Connor Carrick. Of course, Carrick only played 11 games for the Devils this season and has been used sparingly since arriving, but that doesn’t necessarily mean the Devils wouldn’t do well to upgrade their defense. Even the right side, which already has P.K. Subban and Damon Severson on the books, could be improved if the Devils want to compete in the Metropolitan Division next season.

Is Ristolainen the right way to go about that? The Sabres defenseman has just one year left on his six-year, $32.4MM contract, meaning he’ll carry a cap hit of $5.4MM next season. He has long been criticized for the analytical community given his brutal possession numbers, but at least some of that poor shot suppression comes from being asked to carry the load as the Sabres top dog. Since he debuted in 2013-14, the eighth-overall pick has averaged nearly 24 minutes a night over 542 games. He has been given defensive starts more often in all but one of his NHL campaigns, with this most recent season being the most lopsided. He is a -163 in that eight-year career and has failed to make the playoffs even a single time, but perhaps there is more to draw out of his game if he goes somewhere else.

When trading players that are a year away from free agency, teams will often look for a suitor that can offer an extension in order to maximize the return. While the Devils have enough cap space to do that with Ristolainen, the defenseman has been clear about his desire to end up with a winning program. He’s tired of missing the playoffs, and going to New Jersey–even with their exciting young core–certainly doesn’t guarantee he’d see the postseason anytime soon. Though he doesn’t have a no-trade clause, the idea of a possible extension with a winning team would give the Sabres the most assets in return.

Photo courtesy of USA Today Sports Images

Nathan Bastian Re-Signs With New Jersey Devils

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The New Jersey Devils have re-signed rookie forward Nathan Bastian to a two-year contract. The deal will carry an average annual value of $825K and keep Bastian from reaching restricted free agency this summer. He’ll earn $775K in 2021-22 and $875K in 2022-23.

Bastian, 23, was the 41st overall selection in 2016, but is coming off his first full NHL season. The 6’4″ winger scored three goals and ten points in 41 games with the Devils, racking up a team-leading 136 hits. Deployed almost exclusively in defensive situations (more than 69% of Bastian’s zone starts were in his own end), the young forward actually performed pretty admirably.

In fact, there could even be a little more offense to come. Bastian scored 16 goals and 38 points in 62 games for the Binghamton Devils in 2019-20, finding a way to produce while still providing a physical presence every night. If that same growth comes at the NHL level in the years to come, New Jersey could have a very valuable power forward on their hands.

Even if the offense doesn’t really improve though, Bastian looks like a rock-solid bottom-six option for the team, now on an inexpensive deal. He is the latest in a long list of restricted free agents the team will have to deal with this offseason, which includes Nicholas Merkley, Michael McLeod, Janne Kuokkanen, Yegor Sharangovich, and Jonas Siegenthaler, among others.

Carolina Hurricanes Sign Eric Gelinas

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Two days after the Carolina Hurricanes lose a defenseman to Sweden, they import another. NHL.com’s Michael Smith reports that the Hurricanes have signed veteran defender Eric Gelinas to a one-year, two-way contract. Gelinas will make the minimum $750K at the NHL level and $100K at the AHL level, with $125K guaranteed. This move comes on the heels of Joakim Ryan officially signing with the SHL’s Malmo Redhawks on Friday.

Gelinas should be a name familiar to NHL fans. Although the 30-year-old last played in the league in 2016-17, he has nearly 200 NHL games to his credit with the New Jersey Devils and Colorado Avalanche. A 2009 second-round pick of the Devils with great size and strong production in the QMJHL, Gelinas was long expected to become a dynamic top-four defenseman at the highest level. He continued to produce in the AHL and had one tremendous season with New Jersey, but largely failed to translate his offense to the NHL and settled into a stay-at-home role and eventually his exit from the league. Gelinas spent the 2017-18 season playing in the AHL with the Laval Rocket before spending the past three years in Europe, mostly in the SHL. While his production improved overseas, it was not until this season with Rogle BK that it truly took off. Gelinas recorded 34 points in 46 games, leading all league defensemen in per-game scoring, and added another seven points in the postseason en route to a finals appearance.

The Hurricanes clearly hope that Gelinas’ season is not just another example of strong production at a weaker level but rather that something has finally clicked with the big defenseman’s all-around game. With Jaccob Slavin, Brett Pesce, Brady Skjei, Jake Gardiner, and Joey Keane signed through at least next year, Jake Bean and Maxime Lajoie under team control as restricted free agents, and mutual interest in an extension with Dougie Hamilton, Carolina still has some of the best defensive depth in the NHL and by no means will have to rely on a breakout season from Gelinas. However, they rushed to sign him for a reason and may very well hand him a roster spot to begin the year in hopes that he can prove he belongs at the top level.

Minnesota Wild Hire Ray Shero

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The Minnesota Wild have named Ray Shero Senior Advisor to the General Manager, reuniting him with GM Bill Guerin. The two men have a long history together, with Shero acquiring Guerin at the end of his playing career to win a Stanley Cup with the Pittsburgh Penguins and then hiring him as a development coach after his retirement.

In fact, it was Shero’s departure from the Penguins in 2014 that moved everyone up a rung in the Penguins organization, with Guerin taking over as an assistant GM alongside Jim Rutherford. The 58-year-old Shero went to the New Jersey Devils next and served parts of five seasons there before being relieved of his duties in January 2020. He’ll be back in a front office for the 2021-22 season, though obviously not running the show as he is used to.

Shero is replacing the outgoing Jack Ferreira according to Michael Russo of The Athletic, and brings several decades of front office experience. He first joined the Ottawa Senators in 1993 as an assistant GM and served in the same capacity with the Nashville Predators. He will have the same title as Randy Sexton, who was hired earlier this year.

Poll: How Should The Seattle Kraken Approach The No. 2 Overall Pick?

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The Seattle Kraken will be much more than just an idea with one undrafted junior player on their roster by the time the 2021 NHL Entry Draft rolls around. The club will have added at least 30 players to their arsenal by way of the Expansion Draft several days earlier. Seattle is not expected to have the same advantage in making side deals like the Vegas Golden Knights did in 2017, as the other 30 teams have learned their lesson. However, one major advantage they will have compared to Vegas is in the Entry Draft. Picking No. 2 overall after moving up in the draft lottery, the Kraken will pick four spots higher than the Knights, who slid to No. 6 overall in their lottery. While Vegas’ first ever draft pick, Cody Glass, is still fighting for regular play time on the NHL roster four years later, Seattle has a chance to add a player who can contribute right away in their inaugural season – one way or another.

The results of the Expansion Draft are unlikely to change the Kraken’s draft plans. They will have several days between the submission of Expansion Draft protection lists and the draft itself and to map out their plan of attack and to talk trade with the rest of the league. Sure, they could find that there are some unexpected trade options that could allow them to add other picks and prospects ahead of the draft, but unlikely anything that will change their opinion on how best to use the No. 2 pick. Only the Buffalo Sabres at first overall could potentially throw Seattle a curveball. Otherwise, their plan should be set well ahead of July 23.

So what should Seattle do with the second overall pick? It is a critical pick that will undoubtedly impact the new franchise for years to come. What is the best approach?

Take The Best Available Player – Pretty straightforward, right? The Kraken should take the best player remaining on their board after Buffalo makes their selection. Regardless of the positional value or any perceived positional needs following the Expansion Draft, Seattle should simply take the prospect that they feel has the highest ceiling and most realistic pro ambitions. While there is no consensus top prospect in this draft, many feel that University of Michigan defenseman Owen Power is that top prospect. If the Kraken agree and Buffalo goes elsewhere at No. 1, they pull the trigger.

Take The Best Available Center – Center is the position that many point to as the most important in the NHL and feel that a true No. 1 center is the hardest player to find. At No. 2 overall and Power potentially going first to Buffalo, Seattle could conceivably have their pick of every forward in the draft class to find that future top center. That could very well be Power’s Wolverines teammate Matthew Beniers. Even if Beniers or another center isn’t the best player on their board, Seattle shouldn’t pass up on the opportunity to add an elite prospect down the middle.

Take The Best Available Defenseman – Some live by the team-building mantra of building from the net out. While goalie Jesper Wallstedt is an elite prospect, he isn’t going No. 2 overall. However, the Kraken could instead choose to bolster their blue line with an elite prospect. Even if Power is off the board and there are forwards ranked higher on their draft board, Seattle needs to target one of the small group of blue chip defenders in the draft class, such as Brandt Clarke or Luke Hughes.

Trade Back And Add Picks – Starting a pipeline from scratch is about quantity over quality, right? The No. 2 overall pick is nice, but if Seattle isn’t able to acquire any other top picks in Expansion Draft deals, they would be better off trading back and adding picks. The New Jersey Devils at No. 4 and Columbus Blue Jackets at No. 5, both with extra first-rounders, seem like enticing trade partners. All three of Clarke, Hughes, or Wallstedt could still be available at either of those picks.

Trade For Established Star – Seattle doesn’t want a slow build-up. They want to compete right away like Vegas, but they won’t be able to so easily dupe the rest of the league in the Expansion Draft. Perhaps they should use the No. 2 overall pick as part of a deal to pry a star from a rebuilding team. Jack Eichel? Dylan Larkin? Logan Couture? Patrik Laine or Seth Jones?

What do you think? Which direction should GM Ron Francis and company go with the franchise’s first pick and the second pick of the 2021 NHL Draft?

How Should The Seattle Kraken Approach The No. 2 Overall Pick?
Take Best Available Player 52.15% (898 votes)
Trade For Star 19.57% (337 votes)
Trade Back 17.65% (304 votes)
Take Best Available Center 7.26% (125 votes)
Take Best Available Defenseman 3.37% (58 votes)
Total Votes: 1,722

2020-21 King Clancy Trophy Finalists Announced

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The NHL has announced the finalists for the 2021 King Clancy Memorial Trophy, which is presented “to the player who best exemplifies leadership qualities on and off the ice and has made a noteworthy humanitarian contribution in his community.” Last year’s winner was Matt Dumba of the Minnesota Wild.

Each team nominated one player for the award, but the finalists are Kurtis Gabriel of the San Jose Sharks, Pekka Rinne of the Nashville Predators, and P.K. Subban of the New Jersey Devils.

The selection committee, led by Gary Bettman and Bill Daly, consider the following criteria:

  • Clear and measurable positive impact on the community
  • Investment of time and resources
  • Commitment to a particular cause or community
  • Commitment to the League’s community initiatives
  • Creativity of programming
  • Use of influence; engagement of others

Buffalo Sabres Win 2021 NHL Draft Lottery

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For the final time for the foreseeable future, all non-playoff teams were eligible to win the first overall pick in the NHL Draft Lottery. Beginning in 2022, a team can only move up a maximum of ten spots, meaning the teams who finish No. 12 through No. 16 in the final league standings cannot move high enough to take over the top pick. The stage was set for a climactic send-off for the old format.

Well, the lottery balls decided not to take a crazy bounce in their last opportunity to move a team from the middle of the first round all the way to the top. Instead, the draft order stayed virtually the same. The Buffalo Sabres, who held the worst record in the NHL this season and thus the top odds in the lottery, retained the No. 1 pick. The expansion Seattle Kraken, awarded the same odds as the third-worst record in the league, moved up one spot, switching places with the Anaheim Ducks. New this year, there were only two lottery draws as opposed to the former three. Here is the official first-round draft order for the top 15 picks:

  1. Buffalo Sabres
  2. Seattle Kraken
  3. Anaheim Ducks
  4. New Jersey Devils
  5. Columbus Blue Jackets
  6. Detroit Red Wings
  7. San Jose Sharks
  8. Los Angeles Kings
  9. Vancouver Canucks
  10. Ottawa Senators
  11. Chicago Blackhawks
  12. Calgary Flames
  13. Philadelphia Flyers
  14. Dallas Stars
  15. New York Rangers

(As a reminder, the Arizona Coyotes forfeited their first-round pick this years as discipline for scouting violations)

This will be the second time in four years that the Buffalo Sabres will pick first overall after selecting Rasmus Dahlin at the top spot in 2018. It also means that two teams, the Sabres and New Jersey Devils, will have owned the first pick in four of the past five drafts. The two clubs are happy that the NHL’s new rule limiting teams to two lottery wins in a five-year span kicks in next year with a clean slate. Incredibly, the Sabres lottery win also further advances the mythology of Taylor Hall. Although Hall is now with the Boston Bruins, this is the fifth time in Hall’s career that his most recent team eligible for the draft lottery has won. A No. 1 overall pick himself, Hall has brought luck to the Edmonton Oilers, Devils, and now Sabres.

Perhaps bigger news than Buffalo at No. 1 is Seattle at No. 2, a major opportunity for the Kraken to draft a player who is ready to join the team in their inaugural season. The Vegas Golden Knights, with the same odds in the 2017 NHL Draft Lottery, fell to No. 6 overall and drafted Cody Glass, who has still yet to establish himself as a regular in the Vegas lineup. With the second pick, Seattle will have better odds of adding an instant difference-maker.

The 2021 NHL Draft is unique compared to recent years in that there is no consensus top prospect. In fact, it is difficult to remember a draft class in recent memory that is so undecided at the top. One major factor has been the lack of complete scouting due to canceled and shortened seasons and limited live viewings. However, even with complete information, there is still seemingly no prospect that stands heads above the rest. University of Michigan defenseman Owen Power and forward Matthew Beniers are largely considered the top players at each position and the two most likely candidates for the top pick, with Power having a slight lead according to draft pundits. However, current teammate Kent Johnson and Wolverines commit Luke Hughes, a forward and defenseman respectively, are also in the mix. Canadian junior standouts Mason McTavish, Dylan Guenther, and Brandt Clarke and European pros William Eklund and Simon Edvinsson may also be in play.

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