Andrew Ladd Fails Physical; Headed For IR
It appears as though Andrew Ladd‘s career may be coming to an end, as Craig Morgan of PHNX Sports reports that the veteran forward has failed his physical due to lingering knee issues. He will be placed on injured reserve, which has a much greater impact than just taking him out of the lineup.
When the Arizona Coyotes agreed to take on Ladd’s contract from the New York Islanders in the summer of 2021, the trade included some very interesting conditions. Basically, if this exact scenario happened – Ladd still under contract for 2022-23, but not able to play – the Islanders would owe the Coyotes a 2023 third-round selection. If the veteran forward retired prior to this season or played even a single game, the pick wouldn’t be transferred.
The trade already brought two second-round picks to Arizona, one of which was used on overaged defenseman J.J. Moser, who stepped almost directly into the Coyotes lineup after being picked 60th overall in 2021. Moser had 15 points in 43 games while averaging nearly 19 minutes a night and figures to be a key building block for Arizona moving forward. Ladd himself even provided some valuable minutes, scoring seven goals and 12 points in 51 games last season after an impressive comeback.
Adding another third-round pick to the deal, while giving up nothing but money, certainly seems like a pretty nice haul for the Coyotes, who have collected draft picks better than any team in the league. Over the next three years, Arizona now holds 19 picks in the first three rounds alone. That’s after they picked three times in this year’s first round, twice in the second, and twice in the third.
If it is the end for Ladd, it comes after making it to an impressive milestone at the end of last season. The 36-year-old has played in 1,001 regular season games, scoring 256 goals and 550 points. He raised the Stanley Cup in both 2006 and 2010, first with the Carolina Hurricanes and then with the Chicago Blackhawks.
Salary Cap Deep Dive: New York Islanders
Navigating the salary cap is one of the more important tasks for any GM. Teams that can avoid total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.
PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2022-23 season. This will focus more on players who are regulars on the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.
New York Islanders
Current Cap Hit: $80,139,963 (under the $82.5MM Upper Limit)
Entry-Level Contracts
F Oliver Wahlstrom (one year, $894K)
Potential Bonuses
Wahlstrom: $537.5K
Wahlstrom was able to hold down a regular role in the lineup last season but he hasn’t been able to show the offensive upside he had which helped him become the 11th-overall pick in 2018. While a more offensive-oriented system from Lane Lambert should help him and give him a chance to hit one of his ‘A’ bonuses, it’s unlikely that he’ll take a big enough step to completely skip a bridge contract altogether. A two-year deal in the $1.5MM range is where his next deal currently would fall.
Signed Through 2022-23, Non-Entry-Level
F Mathew Barzal ($7MM, RFA)
F Kieffer Bellows ($1.2MM, RFA)
D Scott Mayfield ($1.45MM, UFA)
F Richard Panik ($1.375MM, UFA)*
F Zach Parise ($750K, UFA)
G Semyon Varlamov ($5MM, UFA)
*-Detroit is retaining an additional $1.375MM of Panik’s deal.
Potential Bonuses
Parise: $750K
Barzal took a long time to sign this deal two years ago and wound up with the ability to hold the hammer in negotiations this summer. The three-year term puts him in a spot where he’s one year away from unrestricted free agency if he simply accepts his qualifying offer (which checks in at $8.4MM). He’ll also have salary arbitration rights at that time. Statistically speaking, he has produced closer to the level of a $7MM player than a true top center so he’ll be someone that will be banking on having a big season under Lambert to show that he’s worthy of being the focal point of New York’s attack for years to come. If that happens, an extension might put them somewhere in the $9MM or more range.
Panik spent most of last season in the minors and it’s possible that he could be headed back that way as well although, with one year left on his contract instead of a multi-year commitment, that could bolster his value a little bit. At this point, he’s likely to be closer to the minimum on his next contract, however. Bellows was in and out of the lineup at times last season but showed a bit of offensive improvement while continuing to play with some physicality. He took a one-year deal with the hopes of having a more consistent role next season which would give him a decent-sized boost on his contract. Parise had a really slow start last year but was much better from January on. The bonuses are pretty easy to hit (he’ll max out at 20 games played) and after being on these types of deals the last two years, that may be what happens next year if he wants a 19th season.
Mayfield has been a reliable defensive defenseman for several seasons now while making what a typical depth player gets. He’ll be 30 on his next contract and as a right-shot player, he plays the side that is generally in the highest demand. At a minimum, he’ll be able to double his current AAV and might be able to get something in the $3.5MM range on a longer-term deal on the open market.
Varlamov has basically become a high-priced insurance policy which isn’t the role he expected when he signed with them three years ago. It’s unlikely that he’ll be able to command this much in free agency next summer unless he gets back to being a starter. Barring injury or a trade, that’s unlikely to happen.
Signed Through 2023-24
D Sebastian Aho ($825K, UFA)
F Josh Bailey ($5MM, UFA)
F Anthony Beauvillier ($4.15MM, UFA)
F Cal Clutterbuck ($1.75MM, UFA)
F Matt Martin ($1.5MM, UFA)
G Ilya Sorokin ($4MM, UFA)
Bailey has been with the Islanders for 14 seasons now and still is looking for his first 20-goal campaign. While he was a higher-end playmaker a few years ago, his production has dipped a bit since then. By the time the 2024-25 campaign starts, he’ll be 35 and Bailey will be looking at having to take a bit less at that time. Beauvillier has shown some offensive upside in the past but is coming off a particularly quiet year. He’s a top-six winger for now and if he can hold down that spot and produce a bit more, he might be able to get this much in 2024 on his next deal. Clutterbuck and Martin’s contracts are largely for their longevity with the organization. Both are capable fourth liners still but are certainly on above-market deals for what they can provide.
Aho was in and out of the lineup last season but should have a chance to lock down a spot on the third pairing this time around. If he can become a regular, even with somewhat limited minutes, that should be enough to push him past the $1MM mark on his next contract.
Sorokin has quickly established himself as the starter for the Isles and is basically playing on his bridge deal, one that takes him to free agency. We’ve seen starters sign in the $5.5MM to $6MM range the last couple of seasons and Sorokin’s deal should come in close to that, perhaps a bit higher if the jump in the salary cap comes by then.
Signed Through 2024-25
D Noah Dobson ($4MM, RFA)
F Brock Nelson ($6MM, UFA)
F Kyle Palmieri ($5MM, UFA)
D Alexander Romanov ($2.5MM, RFA)
Nelson is coming off a career season that saw him score 37 goals. That’s well above average for a second center and as long as he can stay around the 50-point range (even with a dip in goals closer to his career average in the mid-20s), they’ll get a decent return on this deal. That said, he’ll be hard-pressed to beat this contract on the open market. Palmieri’s first full season with the Isles was a rough one. He is getting paid like a second-line winger but his production hasn’t been at that level the last couple of years which will likely have his contract considerably lower than this one.
Dobson had a breakout season last year, establishing himself as an impact defender while somewhat quietly becoming their top offensive rearguard as well. While that seemingly positioned him for a long-term contract, he had to settle for a bridge, but again, it takes him to a year away from UFA eligibility which gives him a lot more leverage that time around. If he stays at this level, that next deal could double this one. Romanov was their one notable offseason acquisition from Montreal but also got a three-year bridge contract. His limited production will limit his future earnings upside unless he can unlock that part of his game with his new team.
New York Islanders Sign Nikita Soshnikov, Cory Schneider, Parker Wotherspoon
Nikita Soshnikov is coming back to North America after spending the last three seasons in the KHL. The 28-year-old forward has signed a one-year deal with the New York Islanders, according to his agent Dan Milstein of Gold Star Hockey. Chris Johnston of NorthStar Bets reports that the one-way deal is worth $750K.
The team has also confirmed one-year contracts for Cory Schneider and Parker Wotherspoon, though did not include any financial details. CapFriendly notes that Schneider’s one-year, two-way contract is worth $750K in the NHL and $400K in the minor leagues while PuckPedia adds that Wotherspoon’s deal will pay $750K in the NHL, $175K in the minors, and carries a guarantee of $225K.
Lou Lamoriello, of course, has experience with Soshnikov from his time as the general manager of the Toronto Maple Leafs, and will now give the talented forward a chance to compete for another NHL opportunity.
In 33 games last season split between CSKA Moscow and Avangard Omsk, Soshnikov scored just 16 points. That production improved in the playoffs though, where he posted five goals and eight points in just 13 games. With a history of success in the KHL and 87 games of NHL experience, it seems a worthwhile gamble for an organization that needs some secondary scoring.
Schneider and Wotherspoon meanwhile will be headed to the minor leagues, as Lamoriello indicated recently. The veteran netminder played well with the Bridgeport Islanders last year, posting a .921 in 30 appearances.
Wotherspoon, 25, was one of the final unsigned RFAs and had 24 points in 57 games last year, while also racking up 127 penalty minutes.
Snapshots: Sandin, Senators, Schneider
One of the unsigned restricted free agents still waiting on a contract is Rasmus Sandin of the Toronto Maple Leafs. Some have suggested that the Maple Leafs could trade the young defenseman, but Elliotte Friedman of Sportsnet threw some cold water on that today during the 32 Thoughts podcast.
Like I said a couple of weeks ago, I really don’t think Toronto has a desire to trade Sandin. You look at their depth chart over the next couple of years and basically every defenseman aside from [Timothy] Liljegren and [Morgan] Rielly come off the cap pretty soon. I think they have a desire to keep him.
Friedman notes that some agents believe the leverage for Sandin (and fellow unsigned RFA Nicolas Hague) has been lowered by some of the recent deals signed, including the ones for Michael Anderson (one year, $1MM) and Sean Durzi (two years, $3.4MM) with the Los Angeles Kings. Camp starts in just a few days, meaning Sandin might be absent if a deal can’t be worked out at the last second.
- The Ottawa Senators announced their full leadership group ahead of what should be a very interesting season. Claude Giroux will be one of Brady Tkachuk‘s alternates, along with Thomas Chabot, after signing a three-year, $19.5MM contract this offseason. Giroux served as captain of the Philadelphia Flyers for ten seasons before reaching unrestricted free agency this summer.
- Cory Schneider will be back in the New York Islanders organization this season says general manager Lou Lamoriello, who spoke with media including Kevin Kurz of The Athletic today. The 36-year-old goaltender leaned into his role with the AHL’s Bridgeport Islanders last year, posting a .921 save percentage in 30 games, while also making one appearance at the NHL level (and winning his first game since 2019-20). Like so much other Islanders-related news, it is not clear what kind of contract Schneider will be signing, or what role is expected of him this year.
Johnny Boychuk Hired By Islanders In Player Development Role
- Johnny Boychuk played over 400 career games with the New York Islanders, and now he’s back with that organization, albeit not as a player. Per Newsday’s Andrew Gross, Boychuk has been hired by the Islanders in a player development role. The Islanders have long relied on their defense as the foundation of their success, so if this hire can help blueliners such as Noah Dobson, Alexander Romanov, Robin Salo, and Calle Odelius grow their game, it’ll be a major help to the organization.
Scott Mayfield Has Fully Recovered From Season-Ending Injury
- Islanders defenseman Scott Mayfield has no lingering issues from the lower-body injury that caused him to miss more than a month at the end of the season, relays Newsday’s Andrew Gross (Twitter link). Accordingly, he’ll be ready to go when training camp gets underway next week. Mayfield has been an unheralded part of the back end for the Isles for several seasons now and he’ll likely be once again counted on to play upwards of 20 minutes per game. Notably, the 29-year-old is entering the final season of a contract that has turned out to be a bargain at a $1.45MM AAV.
Scott Mayfield, Cal Clutterbuck Healthy For Training Camp
Speaking with the media today, New York Islanders rookie head coach Lane Lambert said that defenseman Scott Mayfield and right wing Cal Clutterbuck are healthy and ready for training camp after missing the end of last season with injuries. Lambert mentioned that overall, he doesn’t expect any health-related absences at the beginning of camp.
Mayfield missed the last 21 games of the 2021-22 season with a lower-body injury, last playing in a March 22nd win against the Ottawa Senators. It was his fourth two-point game of the 2021-22 campaign. Clutterbuck, on the other hand, missed the last 23 games, last taking the ice in a March 19th win against Dallas. Both players otherwise remained healthy throughout the entire season, playing in 61 and 59 games respectively.
Both players are expected to reprise their roles as cornerstones at the bottom of the lineup. Mayfield will anchor the third pairing, slotting behind Ryan Pulock and Noah Dobson on the Isles’ depth chart for right-shot defensemen. The veteran defensive stalwart will partner with either the 26-year-old Sebastian Aho or youngster Robin Salo. Clutterbuck, meanwhile, is expected to once again be a part of the longest-running fourth line in the league with Matt Martin and Casey Cizikas. He had six goals, nine assists, and 15 points in 59 games last year, his highest point total in the last three seasons.
The Islanders open their preseason schedule on September 26 against the New York Rangers.
Poll: Which Veteran Goalie Will Sign The Biggest Contract Next Offseason?
The goalie market this offseason was a busy one, with many teams looking to address their needs, but seeming to find less options than there were spots to fill. Some teams who had the need for several years were able to finally address it, like the Edmonton Oilers signing of All Star Jack Campbell and the New Jersey Devils acquisition of Vitek Vanecek. Some who found out rather abruptly that they would be needing help in net, like the Toronto Maple Leafs, who lost Campbell, addressed it by signing Ilya Samsonov and acquiring Matt Murray. Others, who didn’t seem to be in urgent need of goalie help went out and found it anyways, like the Ottawa Senators with Cam Talbot and the Washington Capitals with Darcy Kuemper.
With all the shuffling, it seems many teams are now set in goal, or at least hope that they are. But, just as the demand maybe subsides, the supply on next year’s market will be rather rich. There appears to only be one star that will be available, that being Pittsburgh Penguins netminder Tristan Jarry, but after that, a bevy of veteran backstops, capable of being a quality starting goalies, will be on the market. Joining them are a large group of capable backups like Jonathan Bernier, Laurent Brossoit, Jaroslav Halak, and Antti Raanta, as well as a pair of intriguing, less experienced options like Adin Hill and Alex Nedeljkovic.
But, it’s this group of veterans who could pose an interesting shuffle, obtaining potentially very similar contracts based on their performance this season. Of course, the 2022-23 campaign will have a major impact on their value heading into the offseason, but for now, a compare and contrast of these five similar options could be an interesting exercise.
Contract: Two years, $5.75MM ($2.875MM AAV)
2021-22 Stats: 35 GP, 9-20-4, 2 SHO, .905 SV%, 3.30 GAA
Career Stats: 353 GP, 168-126-35, 23 SHO, .911 SV%, 2.60 GAA
Once considered one of the most exciting goalie prospects of his generations, Allen never panned out as a superstar in net, however he has become a reliable starting and backup goalie, depending on the role he’s put in. Allen spent his first seven NHL seasons with the St. Louis Blues, earning the majority of playing time between 2015-2018, but a surprising breakout performance from Jordan Binnington in 2018-19 pushed Allen into a backup role. After the 2019-20 season, with one year at $4.35MM left on his contract, the Blues shipped Allen to the Montreal Canadiens for a pair of seventh round picks.
His numbers since heading north of the border haven’t been what they once were, but the real regression came when the team around him regressed in 2021-22. Allen’s next deal may very well resemble the one he signed in the 2021 offseason, but a strong rebound performance, considering the context of how the Canadiens perform around him, could increase not only increase his AAV, but also the term for the 32-year-old.
Contract: Two years, $9MM ($4.5MM AAV)
2021-22 Stats: 52 GP, 35-14-3, 4 SHO, .922 SV%, 2.17 GAA
Career Stats: 445 GP, 261-114-51, 23 SHO, .916 SV%, 2.59 GAA
A four-time All Star and two-time Jennings Trophy winner, receiving one of each in 2021-22, the answer might seem obvious that Andersen would sign the biggest free agent deal of any goaltender in 2023, even better than Jarry. But, the former Maple Leafs star netminder doesn’t come without his concerns and that could hamper his open-market potential. After breaking out with the Anaheim Ducks from 2013-2016, Andersen was dealt to Toronto where he continued to develop into one of the league’s best, posting three straight seasons of at least 60 starts and no less than a .917 SV%.
The success, however, began to taper off and in 2019-20, Andersen regressing slightly to a .909 SV% and 2.85 GAA. The 2020-21 season would be no better, his numbers dropping to a .895 SV% and 2.96 GAA as the veteran dealt with injuries. Ultimately, Campbell took over the net for Toronto and that offseason, Andersen was left to hit free agency, signing his current deal with the Carolina Hurricanes. The goalie found tremendous rebound success in Carolina and was even receiving Vezina Trophy consideration before injuries ended his season on April 16th, just weeks before the playoffs were set to begin. If Andersen can continue his strong performance and show that injuries are a thing of the past, he may be the runaway favorite in this poll, but it’s been several years since the soon-to-be 33-year-old has compiled a fully-healthy season.
Contract: Ten years, $58MM ($5.8MM AAV)
2021-22 Stats: 46 GP, 23-13-9, 2 SHO, .910 SV%, 2.59 GAA
Career Stats: 712 GP, 359-262-78, 56 SHO, .913 SV%, 2.42 GAA
An unlikely name on this list for several reasons, Quick re-emerged as an important piece in net for the Los Angeles Kings as the team itself awoke from a semi-lengthy rebuild in 2021-22. Quick still wasn’t the star he had been from 2009-2017, but after several seasons of poor play and injuries, it was a return to being the steady presence in net that the Kings had historically expected from the 36-year-old. Los Angeles had been hoping to transition the net from Quick to Calvin Petersen, especially after giving the younger netminder a three-year, $15MM contract set to begin this season, but Petersen’s struggles have given Quick new opportunity and thus new life.
Turning 37 in January, with recent history considered, even another strong showing is unlikely to propel Quick to a big payday, but if he can show that he’ll be among those goaltenders who age gracefully, his long resume as a reliable, two-time Cup winning goaltender will reward him in free agency.
Contract: Three years, $11MM ($3.667MM AAV)
2021-22 Stats: 49 GP, 32-12-4, 3 SHO, .911 SV%, 2.76 GAA
Career Staats: 396 GP, 201-142-34, 27 SHO, .915 SV%, 2.63 GAA
After several up-and-down seasons in a few cities after his trade from the New York Rangers, Cam Talbot appeared to finally settle in and take the next step with the Minnesota Wild in 2020-21, sharing the net with Kaapo Kahkonen. But, 2021-22 threw a wrinkle into the equation by no fault of Talbot, as the team dealt Kahkonen to the San Jose Sharks and brought in future Hall of Famer Marc-Andre Fleury. The Wild in turn gave the majority of the playing time to Fleury, leaving Talbot to back up. Talbot had hoped to remain in Minnesota and show he could take the net back, but after Minnesota chose to re-sign Fleury, Talbot was shipped to the Ottawa Senators, where he figures to see the bulk of playing time.
Turning 36 next July, Talbot may not see the term some of the other goalies on this list might be able to find, but much like Quick, proof he can age well in the role may ultimately work in his favor. The key for Talbot will be to show, besides his ability to age well, that his up and down career is no more, and that the solid performance in the State of Hockey was not merely an extended “up,” but is instead the new normal for the University of Alabama-Huntsville product.
Contract: Four years, $20MM ($5MM AAV)
2021-22 Stats: 31 GP, 10-17-2, 2 SHO, .911 SV%, 2.91 GAA
Career Stats: 560 GP, 261-211-62, 36 SHO, .916 SV%, 2.64 GAA
When the New York Islanders allowed Robin Lehner to walk after a breakout season where he was named a Vezina Trophy finalist in order to sign Varlamov, many around the hockey world raised their eyebrows. As good as Lehner has been, the decision to bring in Varlamov has paid dividends on Long Island, as the veteran teamed up with Thomas Greiss and later his fellow countryman Ilya Sorokin to create a formidable tandem in net. However over the life of the deal, Varlamov’s role has diminished, going from a starter to something closer to a backup. Part of that has been out of Varlamov’s control with the emergence of Sorokin as one of the league’s better goalies, but 2021-22 did Varlamov no favors either.
Though his numbers were not objectively bad, it was a step back from the player he had been the two years prior. A rebound from Varlamov, especially one that forces the Islanders’ hand to take time from Sorokin and give it to the veteran will certainly boost his value on the open market. Turning 35 in the spring and still capable of taking a significant slate of games in net for a team, Varlamov will have plenty of interest on the open market, but securing the largest deal out of these five will require a performance more similar to what we saw in 2019-20 and 2020-21.
Considering these options, who is most likely to find the biggest contract on the open market? All are legitimate NHL goaltenders likely capable of holding their own net in 2023-24 and beyond, though none are considered stars. Andersen may be the closest to a star, however his recent injury struggles could make teams wary. If it’s durability a team is looking for, Varlamov might be a safer bet, but recent performance is trending in the opposite direction, albeit not enough to scare an organization off. Either way, 2022-23 will go a long way to understanding what this market becomes, but entering the new season, who sits in the best position?
Which Veteran Goalie Gets The Biggest Deal?
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Frederik Andersen 54% (469)
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Semyon Varlamov 21% (181)
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Jake Allen 9% (77)
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Jonathan Quick 8% (72)
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Cam Talbot 8% (68)
Total votes: 867
Trade Rumors app users, click here to vote.
Islanders Told Josh Bailey At The Draft That They Weren't Trading Him
- While some expected the Islanders to move Josh Bailey in order to free up cap space this summer, Arthur Staple of The Athletic reports (subscription link) that the winger was told at the draft that he wouldn’t be getting moved. The 32-year-old managed to record 44 points in 74 games last season but has seen his production taper off over the last few seasons compared to a three-year stretch where he had at least 56 points per season. Bailey has two years left on a contract that carries a $5MM AAV and in this trade market, New York would have been hard-pressed to get top value for his services if they did move him.
Last 10 Restricted Free Agents
And then there were ten. After Cayden Primeau inked his deal yesterday, there are now ten restricted free agents who have not yet signed contracts for next season. These players must be signed by December 1, or they will not be eligible to play in the NHL at all.
Jason Robertson, the young Dallas Stars forward, leads the way as the most impressive name, though many others represent key players for their respective teams.
The Los Angeles Kings, for instance, have two young defensemen on the list who each showed last season that they could be big parts of the future. Michael Anderson and Sean Durzi were each key in the team’s playoff run, with the former averaging more than 20 minutes a night during the regular season.
Arizona’s Barrett Hayton is a bit of a headscratcher, given how much cap space the team has, but his development has been anything but normal to this point, so it fits the pattern. The 22-year-old forward has played in 94 games at the NHL level and just 35 in the minor leagues since he was selected fifth overall in 2018.
The full list is:
Arizona Coyotes
Calgary Flames
Dallas Stars
Edmonton Oilers
Los Angeles Kings
New York Islanders
Ottawa Senators
Toronto Maple Leafs
Vegas Golden Knights
Several of these players are likely already signed, with teams only waiting to clear additional cap space before officially filing the deals. Others may end up missing part of training camp or even the regular season, as they try to work out the best contract for the present and the future.