Rangers Re-Sign Pavel Buchnevich
With an arbitration hearing quickly approaching, the Rangers announced (Twitter link) that they have re-signed winger Pavel Buchnevich. Larry Brooks of the New York Post reports (via Twitter) that it’s a two-year deal with a cap hit of $3.25MM per season.
The 24-year-old set a new career-high in goals last season with 21 despite missing considerable time due to injuries, including a thumb issue that caused him to miss 13 contests. That certainly would have helped his cause had his case gone to arbitration on Monday as originally scheduled. He also has been relatively productive as a secondary scorer the last couple of seasons, posting 43 points in 2017-18 and 38 last season.
With the team adding Artemi Panarin in free agency while adding Kaapo Kakko with the second pick in last month’s draft, the competition for a top-six spot on the wing is going to be tough in training camp. It wouldn’t be surprising to see Buchnevich drop down a line which could make it difficult to surpass his numbers over the past two years.
While getting this done was certainly critical for GM Jeff Gorton, it now brings their salary cap situation even more to the forefront. The team now has upwards of $85MM in commitments for next season (and still has to re-sign defenseman Anthony DeAngelo and winger Brendan Lemieux). In other words, they’re well over the $81.5MM Upper Limit.
As this was New York’s final arbitration case, the clock is now set for their second buyout window. It will open up on Monday afternoon and last 48 hours. Defensemen Brendan Smith and Kevin Shattenkirk have been speculative buyout candidates going back to the initial window in June but at the time, Gorton opted to not pull the trigger on a buyout at that time. Since then, the team signed Panarin to a deal that makes him the highest-paid winger (in terms of AAV) in league history while inking defenseman Jacob Trouba to a deal worth $8MM per season. Their financial situation has certainly changed in a hurry.
There is some risk in buying one of those players out though. While they’d free up some space for next season, the front-loaded nature of their deals means that their 2020-21 cap hit would still be substantial.
Accordingly, they may be better off looking to trade their way out of trouble. Wingers Vladislav Namestnikov and Chris Kreider, players that are both a year away from UFA eligibility, have been in trade speculation lately as has Buchnevich himself. This contract, one that will see him remain a restricted free agent two years from now, certainly won’t hurt his trade value if Gorton looks to go that route.
For the past few weeks, the Rangers were believed to have some time to settle their cap issues. With their final opportunity to use a buyout to free up some room expiring on Wednesday, the clock is ticking quickly. They’ll be a team to watch for over the coming days.
Photo courtesy of USA Today Sports Images.
Vinni Lettieri Agrees To Terms With New York Rangers
The New York Rangers have agreed to terms with Vinni Lettieri on a one-year contract, leaving them with just three restricted free agents to sign this offseason. Lettieri decided not to file for arbitration despite being eligible, and will still be an RFA when this contract expires.
The 24-year old Lettieri was one of the top college free agent signings in 2017, but still hasn’t quite found his offensive touch at the NHL level. Despite scoring 85 points in 112 minor league contests, the former University of Minnesota standout has just eight in 46 games with the Rangers. That and the increased talent up front from a busy offseason will make it extremely difficult for the young forward to land an NHL spot out of camp, though it wouldn’t be surprising to see him as one of the very first call-ups if the team runs into injury trouble.
Luckily for the Rangers, Lettieri is still waiver-exempt for the time being and can be sent down without trouble. That will give the team some flexibility over choosing their opening day roster, a group that is still unclear at the moment. Brendan Lemieux and Pavel Buchnevich would both figure into that lineup but are without contracts currently—Buchnevich has an arbitration hearing scheduled for next Monday—while the future of players like Chris Kreider and Vladislav Namestnikov is still unclear after both have been included in trade rumors over the summer.
At the very worst, Lettieri will serve as a top offensive option for the Hartford Wolf Pack as they try to turn around their fortunes. The team went 29-36-11 last season and finished in 28th place.
Metropolitan Notes: Kreider, Gardiner, Konecny
The New York Rangers have made a number of key improvements to their team with two significant moves that have affected the team’s salary cap situation. The Rangers signed star winger Artemi Panarin to a seven-year, $81.5MM deal on July 1, but also traded for defenseman Jacob Trouba and signed him to a seven-year, $56MM deal. While the team had plenty of cap space, the team now is somewhere between $900K and $1.55MM over the cap and that’s not including a number of restricted free agents left to sign, including Pavel Buchnevich, Brendan Lemieux, Anthony DeAngelo and Vinni Lettieri.
Because of that, The Athletic’s Rick Carpiniello (subscription required) writes that with those kinds of cap issues which should only get more challenging in the future, it likely ends the team’s run with forward Chris Kreider. The 28-year-old is in the final year of his contract and would likely seek a deal somewhere around seven years at $7MM per season, something that the Rangers can’t afford for a inconsistent forward who will be 29 years old when the new contract kicks in. It makes more sense that the Rangers will try to unload Kreider now for the most possible return to help with their cap issues.
- In an article looking at three ways to improve the New Jersey Devils roster this offseason, NJ.com’s Chris Ryan writes that in a summer in which general manager Ray Shero has made some savvy moves, including acquiring P.K. Subban from Nashville for practically nothing as well as signing forward Wayne Simmonds to a one-year, $5MM “prove it” deal, the team can still make upgrades. He writes that the team should consider signing free-agent defenseman Jake Gardiner, who remains unsigned, in hopes of bolstering their weak left-side which has just Andy Greene, Will Butcher and Mirco Mueller there. Even Ty Smith, who is left-handed, played on the right side in junior, so there is a realistic opening on the left side and Gardiner might be a good fit there, assuming he’d be willing to come down from his rumored $7MM pricetag.
- With a few key restricted free agent forwards already having signed, the Courier Post’s David Isaac writes in his mailbag piece that he believes that Philadelphia Flyers forward Travis Konecny is likely to sign within the next few weeks, especially now that a couple significant comparables have signed. the scribe writes that with Timo Meier having signed for four years at $6MM with San Jose and Jakub Vrana agreeing to a two-year deal at $3.35MM, it has set a market for Konecny. It’s likely that Konecny will fall somewhere between the two. The 24-year-old has had two straight 24-goal seasons and had a career-high 49 points last season. With the legitimate potential that a breakout season could come soon, it’s much more likely that Konecny opts to sign a short-term bridge deal over a long-term one.
Snapshots: Off-Season, College Free Agents, Bratislava
Three weeks into free agency, it’s fair to begin analyzing how teams have improved this off-season, even though there are still several notable UFA’s who remain unsigned. The Athletic’s Dom Luszczyszyn did just that, using his predictive model to look at which team has done the most this summer. Topping the list, unsurprisingly, are the New York Rangers, who have added Artemi Panarin, Jacob Trouba, Kaapo Kakko, and Adam Fox among others. Although some have been critical of their contract details, the Florida Panthers come in a close second after adding Sergei Bobrovsky, Anton Stralman, Brett Connolly, and Noel Acciari. The Vancouver Canucks (Tyler Myers, J.T. Miller, Micheal Ferland), Chicago Blackhawks (Robin Lehner, Calvin de Haan, Olli Maatta), and Washington Capitals (Radko Gudas, Richard Panik, Garnet Hathaway) round out the top five off-season performers, per Luszczyszyn. His bottom team, very obviously, is the Columbus Blue Jackets, who faced an almost-impossible task of improving with Panarin, Bobrovsky, Matt Duchene, and Ryan Dzingel all hitting the open market. The addition of Gustav Nyquist is a nice move, but not enough to keep them from being the team that was hurt the most this summer. Even the nearest team, the San Jose Sharks, are not that close in terms of projected wins lost, and they have added no new players of note this summer. Fortunately, for Columbus and several other teams who have failed to improve but have the cap space to do so, there are a number of good players still available in free agency and salary cap crunches and restricted free agent dilemmas across the league will likely force substantial talent onto the trade block before the new season gets underway.
- Another way that teams may be able to improve this summer is by adding some soon-to-be-available college free agents next month. While it’s not the most talented class and lacks any star standouts like years past, the August NCAA group could provide some minor league depth a potential NHL upside to a number of teams. Expect Quinnipiac offensive blue liner Chase Priskie to be the most sought-after target. The following are the players set to become free agents on August 15th, along with the team that drafted them:
F Brent Gates, University of Minnesota (ANA)
D Steven Ruggiero, Lake Superior State University (ANA)
F Christopher Brown, Boston University (BUF) – signed to AHL deal with WBS
D Ivan Chukarov, University of Massachusetts (BUF)
F Max Willman, Boston University (BUF)
F Beau Starrett, Cornell University (CHI)
G Chase Perry, Rensselaer Polytechnic Institute (DET)
D Vincent Desharnais, Providence College (EDM) – signed to AHL deal with Bakersfield
F J.D. Dudek, Boston College (EDM)
G Hayden Hawkey, Providence College (EDM)
F Joe Wegwerth, University of Notre Dame (FLA)
D Nick Boka, University of Michigan (MIN) – signed to AHL deal with Iowa
D Jack Sadek, University of Minnesota (MIN) – signed to AHL deal with Iowa
D Nikolas Koberstein, University of Alaska-Fairbanks (MTL)
F Thomas Novak, University of Minnesota (NSH) – signed to AHL deal with Milwaukee
D Miles Gendron, University of Connecticut (OTT) – signed to AHL deal with Belleville
F Brendan Warren, University of Michigan (PHI) – signed to ECHL deal with Indy
F Jacob Jackson, Michigan Tech University (SJS)
G Jake Kupsky, Union College (SJS)
F Marcus Vela, University of New Hampshire (SJS)
D Chase Priskie, Quinnipiac University (WSH)
F Steven Spinner, University of Nebraska-Omaha (WSH)
- HC Slovan Bratislava is enjoying an active off-season, signing eight players, but it’s still unclear where they’ll be playing next season. Bratislava announced in May that it would be leaving the KHL and re-joining the Slovakina Extraliga. However, Slovakian news source Sport.SK says that it’s not that simple. The club owes a total debt of $3MM to 60 players who were not fully compensated when Bratislava last played for their national league. Until that debt is square, the league could block their re-entry. As of now, Bratislava has offered to pay 30% of the debt up front and then negotiate payment schedules with the former players to cover the rest of the outstanding debt. The league has until August 7th to make a decision about the team’s future, either granting them a license to participate or not, but in the meantime they have officially signed eight players with the expectation of playing this season and Sport.SK reports that at least seven more are waiting to sign on. One such player waiting to see how things play out is former NHL defenseman Andrej Meszaros, who captained the team over the past three years in the KHL. One would expect the most well-known pro team in Slovakia to gain entrance back into the top native league, but unpaid player salaries is a sensitive issue in Europe and there could be more hoops to jump through before anything becomes official.
Jacob Trouba Agrees To Terms With New York Rangers
The New York Rangers are going to avoid arbitration with new defenseman Jacob Trouba, instead agreeing to terms on a new contract. The deal is for seven years and carries an average annual value of $8MM. Trouba was scheduled for an arbitration hearing on July 25, but will no longer require it. CapFriendly provides the full breakdown:
- 2019-20: $4.0MM salary + $8.0MM signing bonus
- 2020-21: $2.0MM salary + $8.0MM signing bonus + NMC
- 2021-22: $2.0MM salary + $6.0MM signing bonus + NMC
- 2022-23: $6.0MM salary + NMC
- 2023-24: $8.0MM salary + NMC
- 2024-25: $6.0MM salary + 15-team NTC
- 2025-26: $6.0MM salary + 12-team NTC
This contract is exactly the reason why the Winnipeg Jets decided to move on and trade the 25-year old Trouba this summer, as they wouldn’t have been able to afford a deal of this magnitude even if he had wanted to sign long-term there. The Jets have Kyle Connor and Patrik Laine to sign this offseason and already have huge commitments laid out for several others. The Rangers meanwhile had nearly zero long-term commitments when they acquired Trouba for Neal Pionk and a first-round pick, though they subsequently gave Artemi Panarin $81.5MM in free agency.
Signing Trouba is another signal that the Rangers are finished their tear down and are starting to turn the corner towards a competitive team once again. After spending a little over a year selling every asset they could to acquire draft picks and prospects, the Rangers have now added a top-pairing defenseman, superstar winger and second-overall pick in one offseason, not to mention nabbing top college prospect Adam Fox from the Carolina Hurricanes. Though the team is still projected to be very young this year with names like Filip Chytil, Kaapo Kakko, Lias Andersson and Brett Howden fighting for playing time, the additions of Trouba and Panarin are not ones made by a rebuilding club.
The new contract for Trouba will buy out six years of unrestricted free agency, as an arbitration decision of one year would have taken him to the open market. Despite being only 25 he has already played six full seasons in the NHL, totaling 408 regular season games. After taking on a bigger powerplay role last season with the Jets, Trouba set a career-high in points with 50 while still averaging nearly 23 minutes a night. He will immediately become their top right-handed option, forming quite the formidable pairing with Brady Skjei if the team decides to go that route.
At $8MM however, a huge responsibility will be placed on Trouba’s shoulders. The deal makes him the fifth-highest paid defenseman (in terms of cap hit) in the league, tied with John Carlson and Brent Burns. Both of those players have reached the 70-point mark, with Burns being a previous Norris Trophy winner as the league’s best defenseman (three-time finalist). He’ll have more than enough opportunity to get to that level in New York, but it’s still a gamble for the Rangers to make at this point.
In fact, this deal (when combined with Panarin’s) puts the Rangers into a tight salary situation of their own. The team still has Brendan Lemieux and Anthony DeAngelo to sign and an arbitration hearing scheduled for later this month with Pavel Buchnevich. In order to afford new contracts for all three the Rangers will have to make an additional roster move, whether that is trading a player like Vladislav Namestnikov or buying out someone like Kevin Shattenkirk. The team will get another buyout window a few days after the Buchnevich arbitration is settled, which will give them some more flexibility. There is also the possibility of trading veteran forward Chris Kreider who sits as the third-highest paid forward on the team and is scheduled to be an unrestricted free agent next summer.
Either way, this contract for Trouba comes with real consequences for the Rangers. The 25-year old defenseman is an excellent player, but he now has even more pressure to perform than ever.
Photo courtesy of USA Today Sports Images
No Trade Interest In Shattenkirk, Smith, And Namestnikov
With the Rangers needing to find out ways to clear out salary cap space in the near future, their trade chips don’t appear to be drawing much interest. Larry Brooks of the New York Post reports that Brendan Smith has yielded no interest while the only way they can move fellow buyout candidate Kevin Shattenkirk is if they take back another onerous contract (which wouldn’t do much to help their cap situation). Meanwhile, they haven’t had any takes for winger Vladislav Namestnikov yet either. With basically two weeks until their second buyout window opens up (which could come earlier if both Jacob Trouba and Pavel Buchnevich re-sign before their scheduled hearings), GM Jeff Gorton will certainly be active in the coming days to try to find a fit on the trade front.
Minor Transactions: 07/18/19
As July marches on and we get closer to arbitration hearings and contract holdouts, teams continue to fill our their organizational depth charts. Here are some minor moves from around the league:
- The Toronto Marlies continue to add more depth, signing Ryan Johnston and Michael Kapla to AHL contracts. Kapla spent last season with the Binghamton Devils and Iowa Wild, recording 24 points in 66 games. The defenseman is a former Umass-Lowell captain that played five games in the NHL during the 2016-17 season. Johnston meanwhile spent the last two seasons in the SHL, but also has ten games of NHL experience under his belt.
- The Hershey Bears have signed Tariq Hammond to an AHL deal, bringing in another former Binghamton defenseman. The 25-year old played 43 games for the AHL Devils last season, recording three points. Hammond was part of the 2017 NCAA champion University of Denver squad alongside other NHL players like Troy Terry, Henrik Borgstrom, Dylan Gambrell and Will Butcher, and took over as captain the following season.
- The Hartford Wolf Pack have signed Ryan Dmowski to another AHL deal, keeping him in the organization after he joined them earlier this spring out of college. The 22-year old left winger had four points in ten games down the stretch for the Wolf Pack, and will likely be asked to play a bigger role in his first full professional season.
- Carolina has brought in some AHL depth, announcing the signings of wingers Hunter Shinkaruk and Colin Markison plus defenseman Derek Sheppard to AHL deals. Shinkaruk, a first-round pick of Vancouver back in 2013, had a disastrous season with Montreal’s farm team and was non-tendered last month. Meanwhile, Markison has posted back-to-back 27-point seasons with Texas of the AHL while Sheppard was quite productive at the ECHL last season with 40 points in 57 games.
New York Rangers Agree To Terms With Phillip Di Giuseppe
Though it has been expected for a few days, the New York Rangers finally made it official today when announcing they have agreed to terms with Phillip Di Giuseppe on a one-year contract. Di Giuseppe was an unrestricted free agent after failing to receive a qualifying offer from the Nashville Predators.
The 25-year old was picked 38th overall in 2012 by the Carolina Hurricanes, and eventually found a way onto the team as the 12th or 13th forward. Playing 147 games over parts of four seasons for the Hurricanes, he recorded 41 points but never could quite escape the minor leagues entirely. Last year after being placed on waivers for the second time, he was claimed by the Predators and played three games for them. Held scoreless in those he was on waivers once again and even the Hurricanes didn’t put in a claim to bring him back. He finished the year with the Milwaukee Admirals of the AHL.
Even if Di Giuseppe isn’t going to make a huge impact at the NHL level, he still represents some nice forward depth for the Rangers. He can be the first call-up if the team runs into injury trouble and doesn’t want to sit a top prospect in the press box, or serve as an experienced leader at the AHL level. He will need waivers again obviously, but at the end of training camp when everyone has a full roster it would be surprising to see him claimed. That is of course assuming he doesn’t play his way onto the team, which is still possible given the uncertainty any roster filled with prospects and rookies has.
Poll: How Many Unresolved Arbitration Cases Will Require An Award?
In the NHL, the salary arbitration process is more often used as a negotiating tool – an incentive to get a deal done before the uncomfortable setting of a hearing and the unknown of an arbitrator’s decision – than it is for its actual purpose. A vast majority of players who file for arbitration end up settling before their hearing or even at the last moment before an award is handed down. Last year, 44 players filed for arbitration and 40 settled prior to their hearing. The year before, all 30 cases were resolved before an arbitration award could be made.
So what about this year? There were initially 40 cases of player-elected arbitration and one case of team-elected arbitration (the St. Louis Blues and goalie Ville Husso), but that number is now down to 25 open cases. That’s a substantial drop-off, but time is running out for some RFA’s and their teams to come to terms, as the first scheduled hearing is set to take place on Saturday, July 20th. Listed below are all of the remaining cases:
July 20: Brock McGinn, Carolina Hurricanes
July 21: Andrew Copp, Winnipeg Jets
July 22: MacKenzie Weegar, Florida Panthers; Zach Aston-Reese, Pittsburgh Penguins; Ville Husso, St. Louis Blues; Christian Djoos, Washington Capitals
July 23: Evan Rodrigues, Buffalo Sabres
July 24: Oskar Sundqvist, St. Louis Blues; Neal Pionk, Winnipeg Jets
July 25: Jacob Trouba, New York Rangers
July 26: Colton Sissons, Nashville Predators
July 27: Sam Bennett, Calgary Flames
July 28: Mirco Mueller, New Jersey Devils
July 29: David Rittich, Calgary Flames; Pavel Buchnevich, New York Rangers
August 1: Remi Elie, Buffalo Sabres; Chandler Stephenson, Washington Capitals
August 2: Linus Ullmark, Buffalo Sabres; Charles Hudon, Montreal Canadiens; Will Butcher, New Jersey Devils
August 4: Jake McCabe, Buffalo Sabres; Anton Forsberg, Carolina Hurricanes; Sheldon Dries, Colorado Avalanche; Rocco Grimaldi, Nashville Predators; Joel Edmundson, St. Louis Blues
Given the time constraints and the complexity of each of these cases, how many will feel forced to go to hearing? Will Trouba be one of that select group, as he was last year? Will the Sabres struggle to settle four cases before their scheduled hearing dates? Will the Blues see through their team-elected case with Husso? Will other goalies prove to be difficult negotiations? And will polarizing players like Bennett and Buchnevich fail to find common ground with their teams? Or will it be under-the-radar players like Gemel Smith and Brett Kulak last year who go through the full process?
There are many questions left about this group of restricted free agents and time is running out before we know the answers. So the choice is yours: will we see an unprecedented class of arbitration awards or will all or most cases reach a resolution in the coming weeks?
[Mobile users click here to vote]
Rangers Have Made Vladislav Namestnikov And Pavel Buchnevich Available
With the Rangers needing to clear up some cap space following their acquisition of winger Artemi Panarin earlier this month, defensemen Kevin Shattenkirk and Brendan Smith have come up as speculative candidates to be bought out during the second buyout window. However, as Brett Cyrgalis of the New York Post notes, they are looking at the trade market as well and have made wingers Vladislav Namestnikov and Pavel Buchnevich available.
Namestnikov struggled in his first full season in New York and came up well short of the 48 points he produced with the Lightning and Rangers in 2018-19. He had just 11 goals on the season, not the type of production that they were expecting when they signed him to a two-year, $8MM contract last summer. However, on an expiring deal, there should be teams with some interest that believe a change of scenery could help him get back to his Tampa Bay levels.
Buchnevich’s presence here is a little more interesting. The restricted free agent had a career-best 21 goals last season and has emerged as a capable middle-six winger for New York. While he is going to salary arbitration, it seems unlikely that he’d be able to command the contract that Namestnikov has. Since he still has three years of team control remaining, GM Jeff Gorton should be able to command a strong return if they do indeed move him.
Cyrgalis also mentions Chris Kreider as a potential trade possibility although for a different reason entirely. If they can agree on a contract extension, then he clearly wouldn’t be made available. However, if they wind up still being far apart on a new deal, then it’s certainly possible that he could find himself on the move.
As things stand, the Rangers have a little over $7MM in cap space, per CapFriendly. However, defenseman Jacob Trouba will basically take up all of that with Buchnevich, Anthony Deangelo, and Brendan Lemieux still needing new contracts as well. Their second buyout window won’t open up until Trouba and Buchnevich both sign. If Buchnevich was to go to his hearing on July 29th, his reward wouldn’t come until the end of the month which would give Gorton about two and a half weeks to deal with his cap crunch. That makes the Rangers a team to watch for in the coming weeks.