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Snapshots: Draisaitl, Zegras, Lee, Preseason Schedule

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Leon Draisaitl’s recent eligibility to sign a contract extension will be one of the bigger storylines late in the offseason, but it doesn’t appear there’s much of anything new to report since Stan Bowman took over the reins as general manager a couple of weeks ago, the executive said to NHL.com’s Derek Van Diest.

“I had a good conversation (with Draisaitl’s agent Mike Liut) and we’re starting things off and the timing on that will be what it will be,” Bowman said. “I don’t have an update of where it’s going to be or the timing on that, but there is nothing negative to report, certainly.”

The initial contact between Bowman and Draisaitl’s camp reignites extension talks that began back in June with acting GM Jeff Jackson. Draisaitl’s European-based agent, Jiri Poner, told a German news outlet early last month that the ball was in Edmonton’s court to make a competitive offer. Things seem on a slow but positive track for the German superstar, who’s coming off a 41-goal, 106-point campaign in 2023-24.

Here’s more from around the league:

  • Ducks forward Trevor Zegras has continued to draw trade interest from around the league this summer, and some speculated a return to his New York home could be in the cards. That doesn’t appear to be the case, though, as Arthur Staple of The Athletic said in a recent mailbag that he doesn’t “think the Rangers have ever been interested in Zegras, much as the local kid would love to be a Ranger.”
  • There have been questions about Islanders captain Anders Lee’s future with the club after a trying campaign that saw him limited to 20 goals and 37 points in 81 games, his lowest offensive output in a healthy season since 2015-16. But it appears the 34-year-old is here to stay for the final two years of his contract at a $7MM cap hit, GM Lou Lamoriello told Staple. “You’re talking about a consummate pro: high integrity, high character, team first,” Lamoriello said. “I’d say he was one of our better players in the playoffs. That should answer any questions you might have — how he responded to whatever role he was asked to play.”
  • We’re just 46 days away from NHL hockey returning to laptops, radios and TVs. The league announced its complete composite preseason schedule today, which will kick off on Sep. 21 with a trio of games involving the Penguins and Sabres, the Blues and Stars, and the Wild and Jets. The Utah Hockey Club will take the ice for the first time in preseason action the following day, hosting the Blues for a neutral site game in Des Moines, Iowa. The preseason will run for two weeks, drawing to a close on Oct. 5.

Could Jakub Skarek's Time With The Isles Be Coming To An End?

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  • Stefan Rosner of The Hockey News assesses the goaltending depth of the Islanders and suggests that Jakub Skarek’s time with the organization could be coming to an end. Marcus Hogberg is expected to serve as the starter with AHL Bridgeport while Henrik Tikkanen greatly outperformed Skarek last season and should serve as Hogberg’s backup.  Skarek has one year left on his deal so it’s possible that New York will look to flip the 24-year-old to a team looking for extra goalie depth.  If that fails, Rosner wonders if the two sides would consider a mutual contract termination which would allow him to try to catch on overseas.

New York Notes: Wahlstrom, Nelson, Trouba, Barbashev

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Breaking down a variety of Islanders topics in a mailbag published Thursday, Arthur Staple of The Athletic believes a waiver placement is the most likely option for winger Oliver Wahlstrom when training camps wrap up in a couple of months.

The Isles avoided an arbitration hearing with Wahlstrom last month, settling with the RFA on a one-year, $1MM contract. But it was clear at the time that the settlement didn’t necessarily mean he’d be back in an Islanders uniform next season.

Islanders general manager Lou Lamoriello has been shopping the 2018 11th overall pick as far back as the June draft, but Staple believes offers for the winger have “been tepid at best.” He also says that Wahlstrom likely doesn’t have a path to regular bottom-six minutes under head coach Patrick Roy, but that he also “would need to have an incredible camp to secure a top-six spot.” His trade value will remain the same if he sticks in the press box, and the Isles don’t have the cap flexibility to routinely make a seven-figure cap hit player a healthy scratch. For that reason, if Wahlstrom finds his way out of Long Island in the coming weeks, it’ll likely be on the waiver wire.

Here’s more from the New York teams:

  • The Isles have a bevy of crucial pending free agents, namely second-line center Brock Nelson. Staple believes they’d consider shopping Nelson before the trade deadline “if they’re well out of [the playoff race],” but if they opt to work on an extension, it’ll likely result in a long-term deal to keep his cap hit down. The cap-strapped Isles also need to ink star blue liner Noah Dobson to a new deal next summer – he’s a pending RFA. Nelson turns 33 in October, so a seven or eight-year extension would take him into his 40s.
  • Last month, the dust largely settled on a hectic summer for Rangers captain Jacob Trouba with a report that he was likely to remain with the Blueshirts this season after a heavy dose of trade rumors. The 30-year-old, who has two years left on his contract with a hefty $8MM cap hit, told The Athletic’s Peter Baugh that he’s happy to remain with New York and excited for the upcoming campaign. “It’s part of the business,” Trouba said. “I knew that part of my contract turned this year (to a no-trade list), and I submitted a list. That’s what I did. All the other noise was pretty much noise.” The defender also dispelled any notion that there was a rift between he and Rangers GM Chris Drury, saying communication with the entire front office was “great the whole time” throughout the summer.
  • The Rangers no longer own the signing rights to 2022 fifth-round pick Maxim Barbashev, but he’s staying in the organization on a one-year contract with the AHL’s Hartford Wolf Pack, the team announced today. The 20-year-old winger is coming off a disappointing fourth junior campaign in which he was limited to 35 points in 59 games between the QMJHL’s Moncton Wildcats and Shawinigan Cataractes. His signing rights lapsed after he wasn’t signed to an entry-level contract by the Blueshirts before June 1, but he’ll now get a bit of runway with Hartford to prove he can adjust to the pro game.

Ruslan Iskhakov Signs Two-Year Deal With CSKA

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August 1: Iskhakov has signed a two-year deal with CSKA, the team announced on Telegram on Thursday. His NHL signing rights will still belong to the Islanders when his KHL contract expires in 2026.

July 6: After making his NHL debut late in the season and even getting into a playoff game, it seemed reasonable to think that winger Ruslan Iskhakov was in the Islanders’ plans for next season, at least as a player who could be called up early when injuries struck.  However, it doesn’t appear as if that will be an option as Championat’s Dmitry Storozhev relays that Iskhakov is one of six players expected to sign with CSKA Moscow of the KHL in the coming days.

The 23-year-old was a second-round pick (43rd overall) of the Isles back in 2018 despite being one of the smallest players in that draft class, coming in at just 5’7.  He spent two years at the University of Connecticut before turning pro, spending time in both Finland and Germany before coming back to North America for the 2022-23 campaign.

In his two seasons with AHL Bridgeport, Iskhakov was one of their most consistent scoring threats.  He finished third in rookie scoring in 2022-23 with 51 points in 69 games and nearly duplicated that last season, tallying 50 points in 69 games while adding an assist in his lone regular season appearance with New York.

That was enough for the Islanders to tender him a two-way qualifying offer last month worth a little under $814K at the NHL level.  However, it appears that Iskhakov will eschew that to return home where he hasn’t played since before being drafted.

Worth noting is that CSKA Moscow is under sanctions from the IIHF regarding their handling of Flyers goaltender Ivan Fedotov, including a two-year ban on transfers.  However, Storozhev notes that the State Duma adopted a bill that allows leagues to approve regulations regardless of international federations, effectively bypassing the IIHF sanctions which will allow Iskhakov and others to join CSKA in the near future once the bill is signed into law.

2024 Salary Arbitration Tracker

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It has been a quieter year on the salary arbitration front across the NHL.  After 23 players filed last summer, just 14 did this time around.  As expected, most have settled so far with a few hearings still pending.  Here’s a rundown of who has settled and who still needs to sign.

Updated 7/30/24, 1:07 p.m.

Contracts Settled

D Jake Christiansen (Blue Jackets) – one year, $775K (two-way agreement)
F Connor Dewar (Maple Leafs) – one year, $1.18MM
F Jack Drury (Hurricanes) – two years, $3.45MM
D Ty Emberson (Sharks) – one year, $950K
G Jet Greaves (Blue Jackets) – two years, $1.625MM (two-way in 2024-25, one-way in 2025-26)
F Ukko-Pekka Luukkonen (Sabres) – five years, $23.75MM
F Beck Malenstyn (Sabres) – two years, $2.7MM
D J.J. Moser (Lightning) – two years, $6.75MM
F Joe Veleno (Red Wings) – two years, $4.55MM
F Oliver Wahlstrom (Islanders) – one year, $1MM
F Kirill Marchenko (Blue Jackets) – three years, $11.55MM
F Martin Necas (Hurricanes) – two years, $13MM
D Ryan Lindgren (Rangers) – one year, $4.5MM

Contracts Awarded

D Spencer Stastney (Predators) – two years, $1.675MM (two-way in 2024-25, one-way in 2025-26)

Scheduled Hearings

none

A reminder of some of the arbitration rules for the upcoming potential hearings:

  • A player and team can settle on a deal at any point before the hearing starts.
  • Once the hearing has taken place, the arbitration decision must be issued by email within 48 hours.
  • Arbitration awards can only be one or two years in length. (Players who are in their final year of restricted free agency are only entitled to a one-year agreement from an arbitrator.)
  • The team decides on the awarded term as these were all player-elected filings.
  • The team can walk away from the arbitration decision if a contract with an average annual value of more than $4.74MM is awarded.

Worth noting is that teams who have someone file for arbitration will receive a second buyout window three days after their final contract is settled or awarded.  The window lasts for 48 hours and the only eligible players to be bought out in this timeframe are those who have an AAV of $4MM or more and were on that team’s reserve list at the trade deadline back in March.

Jesse Nurmi To Join London Knights Program

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  • Stefen Rosner of The Hockey News reports New York Islanders’ prospect Jesse Nurmi will make his way to North America next season as he will suit up for the OHL’s London Knights. It would be difficult to find a better program for Nurmi as he looks to rebound from an average season in the Finnish Liiga with KooKoo. The former 113th overall pick of the 2023 NHL Draft skated in 19 games for KooKoo last year where he tallied two assists overall. On the U20 international junior level, Nurmi skated in six games for Team Finland while collecting another two helpers.

    [SOURCE LINK]

Trade, Waivers Still Options For Oliver Wahlstrom Following Settlement

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Yesterday, Islanders winger Oliver Wahlstrom landed a new contract for this season, signing a one-year, $1MM pact to avoid an arbitration hearing next month. But that doesn’t do much to change the likelihood that he’ll be on their roster come opening night, according to Ethan Sears of the New York Post.

It appears not much has changed since general manager Lou Lamoriello said at the draft that the Isles were planning on qualifying Wahlstrom heading into free agency but would examine trade options as well. Wahlstrom himself was also noncommittal when asked if he would return to New York in 2024-25 during last season’s exit interviews in May.

The willingness from both sides to move on is reasonable. The 2018 11th overall pick has never managed more than 13 goals or 24 points in a single season, and an ACL tear in 2022-23 has limited him to just 67 total appearances over the last two campaigns. Even when in the lineup last season, Wahlstrom was a non-factor with two goals and six points in 32 games.

But when Wahlstrom filed for salary arbitration at the beginning of July, it meant discussions of him moving on would take a backseat until he settled or had a contract awarded via a hearing. That’s now in the rearview mirror, though, meaning trade rumors could heat up again between now and October.

If no trade materializes, the Islanders do have the option to send Wahlstrom to the minors for complete cap relief since his cap hit falls below the maximum buriable threshold of $1.15MM. However, he’s no longer waiver-exempt, and doing so would risk losing him for free on the wire at the end of preseason when teams are keen on poaching talent to address roster deficiencies that arose during camp.

Having Wahlstrom off the roster by opening night isn’t just motivated by his recent play and injury struggles. The Isles are completely capped out after signing him and won’t be able to carry a full 23-player roster. As it stands, they don’t have room to utilize international free agent signing Maxim Tsyplakov in the NHL as hoped without also placing someone like Hudson Fasching, Simon Holmström or Kyle MacLean on waivers. Trading or waiving Wahlstrom would give them the cap space required to do so, although it still wouldn’t be enough to open up cap space for a 23rd player on the roster.

Wahlstrom, 24, has 34 goals and 67 points in 193 NHL games since making his debut five seasons ago. If he ends up elsewhere in the next few months, the acquiring team would still have control over his signing rights next summer as an arbitration-eligible RFA.

NHL Teams Facing Fall Cap Crunches

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There’s still plenty of time for NHL teams to sort out their active rosters and salary cap pictures this summer. After all, teams can exceed the $88MM upper limit by up to 10% during the offseason, and training camps are still nearly two months away.

Still, this year’s early July rush means that all the notable contracts for this season, at least in terms of salary cap impact, have likely already been handed out. It’s left a handful of teams with projected rosters that sit over the cap or, in one very peculiar case, right at it.

These teams must use a mix of long-term injured reserve placements, trades, and waivers to become cap-compliant before opening night. Per PuckPedia, here are the teams currently pacing to boast a projected cap hit above $88MM.

Washington Capitals

($98.27MM projected cap hit, $10.27MM above upper limit)

The Capitals have been one of the league’s most active teams this summer, making a pair of impact additions up front with Pierre-Luc Dubois and Andrew Mangiapane. They also reshaped their blue line, shipping out serviceable veteran Nick Jensen as part of a package to the Senators to pick up the younger, higher-upside Jakob Chychrun while also replacing Jensen’s shutdown role in free agency with the signing of Matt Roy.

They also went for cost-effectiveness with their goaltending duo, shipping out Darcy Kuemper and his $5.25MM cap hit to the Kings in the Dubois trade before acquiring serviceable tandem netminder Logan Thompson from the Golden Knights, who carries a cap hit of just $767K.

These moves have still left them with a handful of bloated deals for their veterans. But the biggest one of them all won’t be an issue. 36-year-old Nicklas Bäckström is entering the final season of his five-year, $46MM deal with a $9.2MM cap hit, but he’s not expected to play again due to lingering hip issues.

While many teams will look to avoid using LTIR to be cap-compliant to start the season, the Caps won’t be one of them. Bäckström will remain there as he did last season, but placing him on LTIR won’t be enough on its own to bring Washington’s total projected cap hit back under $88MM.

They’d still need to clear a little over $1MM in space, which begs the question of T.J. Oshie’s health. The 37-year-old winger is also entering the final season of his contract at a $5.75MM cap hit, and a wide variety of injuries limited him to 52 games last season. As of earlier this month, Oshie said he hasn’t found a long-term solution to his recurring back issues that would allow him to comfortably play in 2024-25.

If nothing changes between now and September, Oshie could also land on LTIR, making them cap-compliant for opening night. But Washington would need to be reasonably confident that he’ll miss the entire campaign to avoid making any other cap-shedding moves, as they’d need to have space to activate him off LTIR if he becomes healthy enough to return to play.

Vegas Golden Knights

($91.64MM projected cap hit, $3.64MM above upper limit)

Unlike the Capitals, the Golden Knights were conservative in their offseason moves. Their cap crunch forced them to walk away from key offensive contributors Jonathan Marchessault and Chandler Stephenson, among others, and their UFA pickups were limited to reclamation project-type pickups such as Victor Olofsson and Ilya Samsonov.

But like Washington, LTIR is Vegas’ only clear path to cap compliance in September. The status of 33-year-old netminder Robin Lehner remains a relative mystery as he enters the final season of his contract with a $5MM cap hit. He hasn’t played the last two seasons after undergoing hip surgery and hasn’t been seen with the team during that time.

General manager Kelly McCrimmon said in May that it’s likely Lehner will return to LTIR this fall. This would give the Knights about $1.36MM in space in an LTIR pool with a full 23-man roster, as projected by PuckPedia.

Philadelphia Flyers

($88.83MM projected cap hit, $830K above upper limit)

LTIR is a good safeguard for teams who need it to be cap-compliant, but it’s not ideal. Teams who utilize it don’t accrue cap space throughout the season, significantly limiting their flexibility come deadline day.

The Flyers have one LTIR-eligible contract in defenseman Ryan Ellis ($6.25MM cap hit through 2027). They also have Ryan Johansen signed at a $4MM cap hit next season, and his playing status is in doubt due to a hip injury that surfaced after they acquired him from the Avalanche at last year’s deadline. Unfortunately for them, if Johansen remains injured, they also can’t send him to the minors to knock $1.15MM off his cap hit. They attempted to do so last year, but it was reversed by the league after his injury came to light.

But notably, they don’t have any league-minimum contracts projected on their active roster to start the campaign, per PuckPedia. Their cheapest one is Tyson Foerster’s entry-level contract, which boasts a cap hit of $863K. Thus, just one AHL assignment would be enough to make them cap-compliant without placing either Ellis or Johansen on LTIR. There aren’t any obvious candidates, though, as Foerster is coming off a 20-goal campaign and was one of their top two-way forwards last season.

The trade of a depth forward, such as 25-year-old pivot Ryan Poehling ($1.9MM cap hit through 2026), could be something to watch for if general manager Daniel Brière decides he wants to stay out of LTIR.

Edmonton Oilers

($88.35MM projected cap hit, $354K above upper limit)

Unlike the other teams on this list, the Oilers still have some offseason business to handle. RFAs Philip Broberg and Dylan Holloway need new deals, meaning this projected cap hit is artificially low.

Also unlike the others, Edmonton doesn’t have an LTIR-bound contract next season. Considering PuckPedia’s projection above uses a roster size of 21, warranting them only one extra skater, a cap-clearing trade is coming for Edmonton sometime before the puck drops in October.

The most obvious candidate to move is defenseman Cody Ceci, who’s on an expiring contract with a $3.25MM cap hit. It would cost fewer assets to ship out than oft-injured winger Evander Kane, who’s locked in at a $5.125MM price tag for two more years. And with Ceci averaging north of 20 minutes per game for the last three seasons in Edmonton, they might be able to dump him for future considerations without attaching a draft pick to get out of his deal.

Others to watch

  • The Islanders are currently at the $88MM upper limit after settling on a one-year, $1MM contract with Oliver Wahlstrom yesterday, PuckPedia projects. That figure comes using a roster size of 22, forcing international free agent signing Maxim Tsyplakov and his $950K cap hit on an entry-level deal to the minors.
  • The Canucks are within just $16K of the cap after signing Daniel Sprong to a one-year, $975K contract last weekend. But that figure comes with a full 23-player roster projection, giving them a decent amount of flexibility in the case of short-term injuries. They can also place the final season of defenseman Tucker Poolman’s $2.5MM cap hit contract on LTIR if necessary.
  • The Predators are within $600K of the cap with a bare minimum 20-player roster and still have RFAs Juuso Pärssinen and Philip Tomasino to sign. After their big UFA spending spree, they’ll likely move out one of their depth defenders to open up space for an expanded roster, potentially 26-year-old Dante Fabbro (signed at $2.5MM through this season).
  • The Lightning have $730K in projected cap space with one open roster spot. That’s tight, but with room for two healthy extras, they’ll probably start the season with no changes to their projected roster.
  • The same can be said about the defending champion Panthers, who have $767K in space with a roster size of 22.

Islanders, Oliver Wahlstrom Avoid Arbitration

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The Islanders have avoided an arbitration hearing with winger Oliver Wahlstrom, reports Sportsnet’s Elliotte Friedman. They’ve settled on a one-year deal worth $1MM. The deal was made official shortly after Friedman’s report.

Wahlstrom, 24, is coming off a difficult pair of seasons in which injuries have cost him more than half of each campaign. The 2018 11th-overall pick played just 32 games in 2023-24 and was rendered completely ineffective offensively, managing just two goals and four assists for six points. His 11:04 average time on ice was his lowest since his first taste of NHL action back in 2019-20 when he received a nine-game trial.

As PuckPedia points out, the Islanders now have no room for error financially. They have exactly $0 in cap space with a roster size of 22. As things stand, they won’t have the flexibility to have top international free agent signing Maxim Tsyplakov start the season in the NHL without a cost-shedding move.

Wahlstrom now enters the ultimate prove-it season. Set to be an arbitration-eligible RFA again next summer, he risks being non-tendered and reaching UFA status early should he fail to establish himself as a player capable of shouldering top-nine NHL minutes.

It’s been a much more difficult development path than anyone anticipated for Wahlstrom, who was widely regarded as a top-10 talent in his draft year after erupting for 48 goals, 46 assists and 94 points in 62 games for the U.S. National U18 Team. The right-winger has size to go with his skill at 6’2″ and 205 lbs, but he’s never been able to put it all together since turning pro. His lone fully healthy season came in 2021-22 when he was still a bottom-six depth piece at best, with 13 goals and 24 points in 73 games.

Wahlstrom’s career possession impacts have been average, and he struggled to control play in more defensively-inclined usage this season. The Isles’ cap crunch does give him a golden opportunity to fight for top-six minutes coming out of training camp, though, potentially in a second-line role alongside Brock Nelson and Kyle Palmieri if they can’t afford to roster Tsyplakov. A strong start will be key for Wahlstrom in securing his NHL future, whether it comes on Long Island or elsewhere.

His arbitration hearing was slated for August 1.

Islanders Sign Dennis Cholowski To Two-Year Deal

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The New York Islanders have re-signed restricted free-agent defenseman Dennis Cholowski to a one-year, two-way contract extension that guarantees the 26-year-old $300K next season (as per PuckPedia). The former first-round pick (20th overall) in 2016 will receive a $775K salary at the NHL level and a $250K salary if he plays in the AHL.

Cholowski hasn’t dressed for an NHL game since January 19th, 2023, and spent all of last season in the AHL with the Islanders affiliate in Bridgeport. He has played just two NHL games during his time with New York but played in 68 AHL games last season, posting seven goals and 24 assists.

Cholowski will enter his seventh season of professional hockey and remains a project as he has yet to establish himself as an NHL regular. He has developed into a terrific skater who can get involved in the play offensively, however, his defensive play leaves a lot to be desired and he needs to play a bigger game if he wants to become an everyday NHLer. Cholowski’s mobility remains one of his biggest assets, but he hasn’t utilized it to improve his play in his own zone.

Given his play in recent seasons, it seems likely that Cholowski will find himself in Bridgeport once again next season. He could receive a call-up to the NHL if the Islanders run into injury issues, as he is arguably the eighth defenseman on their depth chart.

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