New York Rangers Sign Mika Zibanejad To Five-Year Contract
Just before the two sides headed into an arbitration hearing, the New York Rangers and Mika Zibanejad agreed to a five-year, $26.75MM contract. The deal will pay Zibanejad an average of $5.35MM per season. Craig Morgan of AZ Sports has the yearly breakdown:
- 2017-18: $5MM salary + $1MM signing bonus
- 2018-19: $5.5MM salary
- 2019-20: $5.35MM salary
- 2020-21: $2.65MM salary + $2.5MM signing bonus
- 2021-22: $4.75MM salary
Zibanejad, 24, will be given the reins as the top center option in New York this year just a year after being acquired from the Ottawa Senators in exchange for Derick Brassard. The Rangers shipped Derek Stepan out of town a few weeks ago, leaving Zibanejad and Kevin Hayes as the de facto top two options (unless the team decides to move J.T. Miller back to the middle at some point). With that comes some risk, but the Rangers feel as though the young center can step into the top role and run with it for the next several years.
Already with two 20-goal seasons under his belt by 23, Zibanejad was limited to just 56 games last season but still recorded 37 points and looked like the Rangers most dangerous forward on many nights. His improving faceoff skills and defensive play were on display during the shortened year, as was his fit on the Rangers’ powerplay. He’ll look to be a big part of what should be an improved group after the offseason addition of Kevin Shattenkirk, noted powerplay monster. With increased PP time, and a bigger role 5-on-5 you could see Zibanejad finally crack the 60-point mark if not higher this season. The ability is apparent, and now the opportunity is there to match it.
Interestingly though, Zibanejad comes in ahead of Tyler Johnson‘s average salary of $5MM. Though Zibanejad is a couple of years younger than the Tampa Bay pivot, he’s still giving up three years of unrestricted free agency as he’s been playing in the league so long already. Though some would argue that Zibanejad’s future looks stronger as a true #1 center, Johnson has the higher peak season so far and has received Selke votes for his defensive prowess. Johnson also gave up six years of free agency in a deal that is looking better by the day.
The Rangers though will be happy to plug a $5.35MM number into their salary structure for the next five seasons, a number that will leave them with just over $3MM in cap room for the upcoming year. They have no more restricted free agents to sign, so it is possible they could dip their toes back into the UFA market if there is a player sitting out there that interests them. With Shattenkirk added and a more mobile defense corps they are definitely contenders to post a 100-point season or even win the Metropolitan division.
Dead Space: Bought-Out, Buried, And Retained Salaries For Every Team
It’s something that often goes unnoticed, but with the cap showing minimal growth the last few years, teams are starting to feel the crunch more than ever. Buyouts have become more common, especially with players with under three remaining years on their contracts. And it’s not just the big name busts that have seen the ax lately – we’ve seen lesser names at lesser money take the fall for their respective teams, then needing to scramble for work elsewhere in the league. Additionally, salary retention in trades has become a more utilized tactic as of late. Teams with “unmovable” contracts have offered to retain part of a poor contract in order to entice a team into giving them some relief.
All this said, some teams have been better with foresight than others. Some teams have shown a track record of being entirely unable of handing out poor contracts over the past five or so seasons. Considering many teams showed some progress in being more frugal this off-season, it seems a wise time to review the dead space every team has accumulated, either due to poor management decisions or poor luck.
Colorado Avalanche – $4.83 MM in 2017-18, issues resolved after current year – Francois Beauchemin buyout; Cody McLeod retained
Arizona Coyotes – $4.61 MM in 2017-18, issues resolved after 2020-21 – Mike Smith retained; Mike Ribeiro, Antoine Vermette buyouts
Columbus Blue Jackets – $4.025 MM in 2017-18, issues resolved after 2020-21 – Fedor Tyutin, Jared Boll, Scott Hartnell buyouts
Carolina Hurricanes – $3.71 MM in 2017-18, issues resolved after 2020-21 – Eddie Lack retained; Alexander Semin, James Wisniewski buyouts
Toronto Maple Leafs – $3.28 MM in 2017-18, issues resolved after 2021-22 – Tim Gleason, Jared Cowen buyouts; Phil Kessel retained
Nashville Predators – $2.83 MM in 2017-18, issues resolved after 2018-19 – Viktor Stalberg, Eric Nystrom, Barret Jackman buyouts
Boston Bruins – $2.73 MM in 2017-18, issues resolved 2019-20 – Dennis Seidenberg, Jimmy Hayes buyouts
New York Rangers – $2.61 MM in 2017-18, issues resolved after 2022-23 – Dan Girardi buyout
Minnesota Wild – $2.5 MM in 2017-17, issues resolved after current year – Thomas Vanek buyout
Los Angeles Kings – $2.4 MM in 2017-18, issues resolved after 2023-24 – Matt Greene buyout; Mike Richards termination/recapture
Edmonton Oilers – $2.33 MM in 2017-18, issues resolved after 2020-21 – Lauri Korpikoski, Benoit Pouliot buyouts
Anaheim Ducks – $2.21 MM in 2017-18, issues resolved after 2023-24 – Mark Fistric, Simon Despres buyouts; Patrick Maroon retained
Vancouver Canucks – $2.13 MM in 2017-18, issues resolved after 2021-22 – Roberto Luongo, Jannik Hansen retained; Chris Higgins buyout
New Jersey Devils – $2.09 MM in 2017-18, issues resolved after 2023-24 – Mike Cammalleri, Devante Smith-Pelly buyouts; Ilya Kovalchuk recapture
Tampa Bay Lightning – $1.83 MM in 2017-18, issues resolved after 2019-20 – Matt Carle buyout
Calgary Flames – $1.82 MM in 2017-18, issues resolved after 2018-19 – Mason Raymond, Lance Bouma, Ryan Murphy buyouts
Detroit Red Wings – $1.67 MM in 2017-18, issues resolved after 2020-21 – Stephen Weiss buyout
Dallas Stars – $1.5 MM in 2017-18, issues resolved after 2018-19- Antti Niemi buyout
Philadelphia Flyers – $1.5 MM in 2017-18, issues resolved after current year – R.J. Umberger buyout
Winnipeg Jets – $1.46 MM in 2017-18, issues resolved after 2018-19 – Mark Stuart buyout
Florida Panthers – $1.33 MM in 2017-18, issues resolved after 2018-19 – Jussi Jokinen buyout
Las Vegas Golden Knights – $1.1 MM in 2017-18, issues resolved after current year – Alexei Emelin retained
Ottawa Senators – $350,000 in 2017-18, issues resolved after current year – Andrew Hammond buried
Buffalo Sabres – Minimal in 2017-18, increased issues ($791,00) resolved after 2022-23 – Cody Hodgson buyout
Chicago Blackhawks, St. Louis Blues, Washington Capitals, Pittsburgh Penguins, New York Islanders, San Jose Sharks, Montreal Canadiens – No dead cap space
After compiling the list, it became clear that utilizing these options isn’t a complete hindrance to competing in the NHL. In fact, most clubs have between $1 MM and $3 MM in dead space. That said, of the teams that have not needed to utilize the buyout or retention options, there has been a great deal of success. And among the five worst offenders, the Leafs, Hurricanes, Blue Jackets, Avalanche, and Coyotes, none has moved past the first-round in multiple years. It’s hard to draw massive conclusions without taking the context of each individual situation into account, but there is something to be said for making every dollar of cap space count. Perhaps this is merely a byproduct of past success rather than an indicator of future success, but considering how amenable many managers have become to the option, it bears consideration.
(All totals courtesy of the fantastic CapFriendly.com)
Rangers, Zibanejad Exchange Arbitration Numbers
With the arbitration hearing for New York Rangers center Mika Zibanejad coming up this Tuesday, July 25th, the two sides have exchanged salary figures. According to Sportsnet’s Elliotte Friedman, Zibanejad’s side is asking for $5.35MM, while the team is offering $4.1MM.
While there’s been no word thus far on the term either side is requesting, it is reasonable to assume that Zibanejad would like just a one-year award if the negotiations go all the way through the arbitration process. The first year in New York did not go as planned for the 24-year-old pivot, as injury limited him to just 56 games. While the swift Swede was still able to put up 37 points, he snapped his 20-goal season streak and was unable to show off much of his physical game, playing a much more careful style. Nevertheless, Zibanejad still displayed his scoring ability, with a career-high 0.66 points per game and an 11.8% shooting percentage, as well as his two-way ability with a +9 rating and career-best 52% face-off winning percentage. He also skated in 12 playoff games and looked impressive, registering nine points and a +4 rating in nearly 18 minutes of ice time per game.
The Rangers may have expected more from Zibanejad in year one, but when he was healthy he was everything they could ask for. The last thing that New York wants is a short-term deal that exposes Zibanejad to unrestricted free agency anytime soon. Having traded Derick Brassard to acquire Zibanejad just around this time last year, they want to make that deal count. Expect the Rangers to do what they can to lessen the annual average value of the deal based on injury concerns in 2016-17, but in the end do what it takes to secure a long-term deal. New York will likely be the side to budge, despite a strange first season together, and this contract will likely end up as a five or six year pact (or longer) worth somewhere around $4.75MM+ per year, similar to the deal Brassard himself signed with the Rangers back in 2014.
Too Many Defenders Will Force New York Rangers Into A Move
The New York Rangers’ main goal this offseason was to bulk up its defense, which failed them late last season, but the team may have gone too far. After signing Kevin Shattenkirk, re-signing Brendan Smith and trading for youngster Anthony DeAngelo, suddenly the team is overloaded with blueliners. While a team may envision six full-time defenders and a seventh for depth purposes on the team, the Rangers currently have nine legitimate players who belong on their roster and someone has to go.
According to New York Posts’ Larry Brooks, the team’s starting four consists of Ryan McDonagh and Brady Skjei on the left side and Shattenkirk and Smith on the right side. That leaves five players for the final three spots on the NHL roster, including veterans Marc Staal and Nick Holden, DeAngelo, KHL import Alexei Bereglazov and University of Minnesota-Duluth signee Neal Pionk. Brooks admits the team could potentially keep eight defensemen to start the season as forward Jesper Fast is expected to begin the season on injured reserve, but that wouldn’t last long. In the end, two players would have to find themselves with the Hartford Wolf Pack in the AHL or the team must get rid of someone.
The most obvious solution to the problem would be to have Staal and Holden man the third defensive line, despite the fact that those two played together on the second line and struggled mightily last season. If the team did that, nonetheless, the team could keep one of the remaining three as the seventh defenseman and send the other two to the AHL. The only problem is who? Brooks writes that Bereglazov has an out-clause that would allow him to go back to the KHL if he is sent to the AHL, so he is a likely candidate to remain with the Rangers as the seventh man at minimum. However, the team gave up a lot to get DeAngelo and they would likely prefer not to have him sit on the bench in New York or play meaningless minutes in Hartford. Pionk, is also believed to be NHL ready.
So, the most likely scenario would be to look into trading Holden or buying out the contract of Staal. Would the Rangers want to do that? They already bought out fellow veteran Dan Girardi earlier this year. Staal, unfortunately, still has $17.2MM remaining on his contract over the next four years. Although they would open up $3.57MM to their cap this year in a buyout, the team would have to spread it over the next eight years like they did for Girardi. That’s a long time to pay two players who will never play for your team. The Rangers might want to wait one more year before buying out Staal. Regardless, that decision is expected to be made before the end of this week.
That leaves Holden, who has been previously mentioned in trade rumors, but little has come out of them. He is the best candidate to be moved. The 30-year-old, who came over from the Colorado Avalanche for a fourth-round pick, had a great first half last year and is on a cheap deal with just one year remaining. However, it seems that the market has temporarily dried up as many teams want to wait and see what they have before making a deal, so any move is likely not to be made before the start of training camp.
Rangers Sign Goalie Alexander Georgiev
Wednesday: The team has officially announced the contract.
Monday: The New York Rangers have made an interesting off-season move, signing Russian goaltender Alexander Georgiev to an entry-level contract. The 21-year-old keeper, who went undrafted in 2014 and 2015, was a free agent playing in the Finnish Liiga. CapFriendly reports that he’ll now head across the Atlantic to join the Rangers organization on a three-year deal worth $792.5K at the NHL level.
Although undrafted, Georgiev has begun to make a name for himself on the international stage in recent years. Unlike most promising Russian prospects, Georgiev left the country to join TPS in Finland for the 2014-15 season. His performance as the backup for the team – a 2.21 GAA in 14 games in 2014-15 and a 2.28 GAA in 10 games in 2015-16 – caught the eye of the Russian World Junior team. Not only did Georgiev make the team, he started five games at the 2016 tournament. He then took over as the starter for TPS this past season, posting a stellar 1.70 GAA and .923 save percentage in 27 games as just a 21-year-old in a men’s league. The young goalie has plenty of upside to go along with many questions about his game as well.
Yet, his current resume seems to have been enough for the Rangers to give him a shot in the AHL. With Henrik Lundqvist and the newly signed Ondrej Pavelec as a solid one-two punch at the NHL level, Georgiev will certainly head for the minors, where he can compete for starts on the Hartford Wolf Pack. After losing Magnus Hellberg to the KHL and choosing not to re-sign Mackenzie Skapski, there’s definitely room for someone to take control in Hartford. Georgiev will battle incumbent Brandon Halverson, a 2014 second-round pick who struggled in his first pro season, and Bowling Green University’s Chris Nell, who also struggled in his brief AHL showing at the end of last season. Georgiev may just end up as the AHL starter, and candidate to see NHL time, when all is said and done.
Kevin Shattenkirk Hopes To Play With Ryan McDonagh
While it had been rumored for quite some time before Kevin Shattenkirk signed with the New York Rangers that the free agent defensemen only wanted to play in the Northeast because of the proximity to his home, he mentioned two other things when discussing his decision at a press conference today. One, the potential for the Rangers to really compete right away in the Metropolitan division, and two the chance to play with Ryan McDonagh.
As Matt Calamia writes for NHL.com, Shattenkirk and McDonagh have played together at various tournaments for many years, and the newest member of the Rangers is excited to get started. It doesn’t hurt that legendary New York defenseman Brian Leetch was his favorite player growing up, someone many Rangers fans hope he emulates for the next four years.
Overseas Notes: Pirri, Brule, Villacher
Despite some early reports, it remains unclear whether free agent forward Brandon Pirri is leaving the NHL or not. News out of local sources in Switzerland made it sound as if the young scorer had already come to an agreement with the ZSC Lions of the NLA. However, Sportsnet’s Elliotte Friedman, one of hockey’s top news-breakers, did some digging today and has doubts about the deal. Friedman believes that Pirri still plans on staying in North America, despite what is likely ample interest from European clubs. Pirri, still just 26 years old, has not been tendered a qualifying offer in back-to-back years, despite racking up 47 points in 121 games with the New York Rangers, Anaheim Ducks, and Florida Panthers over the past two seasons. Before that, Pirri notched a 22-goal season for the Panthers in 2014-15. Yet, often described as a one-dimensional player, Pirri has been unable to find a long-term NHL home. Will he wait out the market or take a minor league deal, as Friedman suggests, or will eventually succumb to the pressure of overseas offers, like that of ZSC, and leave North America?
- One former NHLer who first turned to the ZSC Lions when he could not find a new NHL team was Gilbert Brule. The sixth overall pick of the 2005 NHL Draft by the Columbus Blue Jackets, Brule left for Swtizerland in 2012 after his once-promising career had produced only 95 points in 296 NHL games over seven pro seasons. Brule attempted a comeback the following year, but found a similar lack of success and moved on to the KHL, where he has played ever since. According to a press release from Russian club Traktor Chelyabinsk, Brule is on the move again, but still within the KHL. Traktor has acquired the now 30-year-old forward for cash compensation from Neftekhimik Nizhnekamsk. Brule is coming off his best pro season in 2016-17, after posting 42 points in 52 games between Neftekhimik and Medvescak Zagreb. Brule will look to stay hot in the final season of his contract after finishing in the top 25 in points per game last season in the KHL.
- Brule’s former team, Medvescak Zagreb, has now left the KHL and has re-joined the EBEL, a league based mostly out of Austria, but that includes other European clubs like Zagreb, a Croatian team, and others from the Czech Republic, Italy, Hungary, and Slovenia. While league re-alignment has been a major story for the EBEL, another has been the active off-season for Villacher SV, the lowest-placing Austrian team in 2016-17. In the past two days, Villacher has added arguably the two biggest names of any EBEL signings this summer in Rob Flick and Ben Walter. Flick, a fourth-round pick of the Chicago Blackhawks in 2010 and a well-regarded enforcer, had been unable to crack an NHL lineup despite solid defensive play and moderate offense in the AHL and ECHL. The 26-year-old finally found his scoring touch with the ECHL’s South Carolina Stingrays last season, notching 63 points in 60 games and will now look to keep that going with Villacher. Walter, a veteran of lower-level European hockey, was one of the top scorers in the EBEL in 2014-15 with 43 points in 50 games. Walter was a fifth-round selection of the Boston Bruins in 2004, and unlike Flick, saw 24 games of NHL action with the Bruins, New York Islanders, and New Jersey Devils. While Flick and Walter may not be massive names by any means to most North American fans, their relative talent level make them huge acquisitions for Villacher.
Brandon Pirri Signs With Swiss Team
Two days after former New York Rangers’ Kevin Klein signed with the ZSC Lions in Switzerland, another former Ranger has agreed to sign with the Swiss club as well. According to the Swiss Hockey News, forward Brandon Pirri has signed with the club as well, although terms have not been announced.
Pirri, who did not receive a qualifying offer from the Rangers, has bounced around from one NHL team to the next. He has played for four teams over the last four years and while he’s considered to be a highly-skilled goal scorer, has struggled to accomplish that feat at the NHL level. He did score 22 goals in the 2014-15 season with the Florida Panthers, but followed that up with an 11-goal season the following year and was eventually traded to Anaheim for a six.
The Ducks chose not to extend him a qualifying offer and Pirri then signed with the Rangers a year ago. He played in 60 games last year, putting up eight goals and 10 assists.
Johnson, Palat Signings Likely To Factor In Rangers Negotiations With Zibanejad
With Mika Zibanejad‘s arbitration hearing scheduled just nine days from now, the real question is whether the New York Rangers plan on locking up their young center before that time. With the loss of center Derek Stepan and the lack of depth at the center position, the need for Zibanejad is even more evident and locking up the 24-year-old to a long-term deal would be important as his value should only increase if he goes through arbitration and accepts a one-year deal.
Zibanejad was the key piece to the trade that the Rangers received for trading veteran center Derick Brassard one year ago to Ottawa. The promising playmaker had two solid seasons with Ottawa before New York acquired the former 2011 sixth-overall pick. Had it not been for a broken leg, Zibanejad would have easily duplicated his performance this year in his first season for New York. He managed to play 56 games and score 14 goals and add 23 assists on the season.
Yet now, some key decision-making must be made by Rangers’ brass as to what to offer the young playmaker. The New York Posts’ Larry Brooks writes that the team should look to the recent contracts that the Tampa Bay Lightning handed out to Tyler Johnson and Ondrej Palat. Johnson just signed a seven-year deal that pays him $5MM annually and Palat was locked up to a five-year contract, worth $5.3MM per year. That’s a starting point. And according to Brooks, both Johnson and Palat are slightly more productive players. Palat has averaged .71 points per game, while Johnson .68 points per game. Zibanejad has averaged just .56 points per game in his career and has been less successful in playoff games as well. Therefore, Brooks suggests that he should be receiving somewhat less money than the Tampa Bay duo, perhaps at $4.8MM per season. The general belief is the Rangers may play it tough in negotiations with Zibanejad since he left respected Newport Sports Agency to use his half-brother to negotiate with.
The key to the negotiations will most likely come down to how many years they can get Zibanejad to sign for. The general belief is that he wants as short of a deal that he can get, because even an average season or two should produce an even better contract in a year or two. Toss in the possibility that with newly signed free agent Kevin Shattenkirk on board, the defense should contribute even more on offense and be more of a benefit to Zibanejad’s play. However, the Rangers will be far more interested in locking him up for five years. So how much more will New York have to offer him to get this deal done. Afterall, no Ranger has reached arbitration since 2007 when Sean Avery and Nikolai Zherdev.
Filip Chytil, Martin Necas Sign Entry-Level Deals
A couple of first-round picks have inked their entry-level contracts, as Filip Chytil and Martin Necas have signed with the New York Rangers and Carolina Hurricanes respectively. Though details on Chytil’s deal haven’t been released, Necas will earn $925K ($832.5K salary+$92.5K signing bonus each season) at the NHL level. Both deals likely contain performance bonuses as well.
Necas, the 12th-overall pick, is one of the most disputed selections in the top fifteen as he is unknown to many North American hockey fans. Though he’s played incredibly well internationally for the Czech Republic, his short career in the top Czech league wasn’t record breaking. That said, holding your own at 17 in any professional league is impressive, and Necas has immense potential as a future top line center.
Chytil on the other hand was later in the round, 21st overall as New York’s second first-round pick. He was the second Czech player selected (after Necas) and comes with incredible skating ability. Not exactly the type of puck-controlling presence Necas is, Chytil relies more on his straight line speed and ability on the forecheck. As he continues to grow, he could develop into a top line winger with a booming shot, but also has some experience in the middle.