Rangers Place Barclay Goodrow On Waivers
7:00 PM: Barclay Goodrow may not have to spend very long on waivers, with Mollie Walker of the New York Post reporting that the San Jose Sharks – who carry top priority in waiver claims after finishing last in the league – could have an agreement in place to claim the Rangers winger. Goodrow spent the first six years of his NHL career with the Sharks, joining the team as an undrafted free agent in 2014. The 31-year-old veteran could provide great leadership to a now much younger San Jose lineup, as the team looks to return to their days of routine playoff berths.
1:00 PM: The Rangers have placed forward Barclay Goodrow on waivers, Elliotte Friedman of Sportsnet reports.
The move likely marks the beginning of the end for Goodrow’s time in New York, whether via a waiver claim over the next 24 hours or via buyout or trade. He has three seasons remaining at a $3.642MM cap hit with a 15-team no-trade list.
Goodrow, now 31, gave himself quite a reputation around the league with some clutch playoff performances for the Sharks and Lightning around the turn of the decade. After scoring the overtime winner for San Jose against the Golden Knights in Game 7 of their first-round win, a game they trailed 3-0 in the third period, he went on to play a key depth role in Tampa’s back-to-back Stanley Cup championships in 2020 and 2021.
That earned him his current deal – a six-year, $21.85MM pact signed with the Rangers after they acquired his signing rights from the Bolts shortly before free agency opened in 2021. At first, it seemed to pay off. His first season in the Big Apple saw him do well in a checking role, posting 13 goals, 33 points and a +13 rating in 79 games while averaging nearly 17 minutes per night. Behind the scenes, though, there were red flags. His strong possession numbers with Tampa had cratered in New York, and the Blueshirts only controlled 44.3% of shot attempts with Goodrow on the ice at even strength in his first year.
It’s been downhill from there. Goodrow’s ice time and point production have consistently slipped over the past two years, and his already underwhelming possession metrics have gotten worse. He was arguably the worst two-way player in the league this season, managing to control just 39.1% of shot attempts when on the ice at even strength. For context, the Rangers overall controlled 53.2% of shot attempts without Goodrow on the ice at even strength.
His box stats this season were unimpressive as well. He played in 80 games but mustered only four goals and 12 points while slipping to a fourth-line center role for most of the campaign. Of course, he showed up when it matters most yet again, exploding for six goals and two assists in 16 playoff games. While a good story, he shot at 40%, and his possession metrics were even worse than in the regular season. That level of offense was never going to be sustainable.
All 31 other teams can now have Goodrow for free, but with three years left on a deal that was a vast overpayment this season, it’s highly unlikely he’ll be claimed. The waiver process should allow Rangers general manager Chris Drury to gauge interest in his services in an attempt to work out a cap-clearing trade, though. Even if that doesn’t work, buying out the remainder of his contract is an option. Doing so would result in a cap credit of $247K this season before a $1.003MM penalty in 2025-26, a $3.503MM penalty in 2026-27, and a $1.111MM penalty from 2027-28 to 2029-30, per CapFriendly. It would save the Rangers an average of just $556K per season over the next six years.
Rangers Notes: Toffoli, Trouba, Pacioretty
Peter Baugh of The Athletic speculated today that the New York Rangers will likely take a long look at free-agent forward Tyler Toffoli. The Rangers apparently considered the 32-year-old at the trade deadline but didn’t pull off a deal and Toffoli was eventually dealt to the Winnipeg Jets. Baugh believes that Toffoli’s new contract will fall into the range of four years at $5MM per season, which would require some salary cap gymnastics from Rangers general manager Chris Drury in order to fit Toffoli in the lineup.
The Scarborough, Ontario native is coming off back-to-back 30-goal seasons and has registered at least 20 goals in each of the last five seasons. Given his age, this is likely Toffoli’s last chance to score a lucrative long-term deal. Toffoli’s first go at unrestricted free agency happened after the 2020 season during the height of the pandemic, where he took a very team-friendly four-year $17MM contract with the Montreal Canadiens.
In other New York Rangers notes:
- With Rangers captain Jacob Trouba’s no-trade protection changing to a 15-team modified no-trade clause, Baugh speculates as to what the Rangers could get if they elected to trade the 30-year-old. Trouba struggled this season, particularly in the playoffs, however, it’s hard to know how much injuries played a role in his poor play. Trouba has two years left on his contract with an AAV of $8MM, but he is owed just $12MM in total salary over the final two years. Baugh believes that the Rangers could find a trading partner but would likely need to retain salary to facilitate a move or add a sweetener to the deal. One other option would be for the Rangers to take back an undesirable contract from another team.
- Baugh writes that the Rangers could have a interest in Washington Capitals free agent forward Max Pacioretty. New York inquired about the 35-year-old at the trade deadline, but Pacioretty opted to stay put in Washington and elected not to waive his no-trade clause. Pacioretty has overcome several devasting injuries in the past few years and managed to dress in 47 regular season games for the Capitals last season, tallying four goals and 23 assists. Pacioretty is likely in line for another one-year bonus-laden contract.
Evening Notes: Mittelstadt, Sabres, Goodrow
Casey Mittelstadt proved to be one of the most impactful acquisitions of the Trade Deadline, joining the Avalanche in a one-for-one swap with defenseman Bowen Byram. Mittelstadt immediately stepped into a role as Colorado’s second-line center, scoring a confident 19 points in 29 games with the Avalanche between the regular season and playoffs. He was just what the doctor ordered for an Avalanche team at risk of lacking depth, but the Avalanche will now face the dreaded hurdle of having to work out his next contract. Corey Masisak of The Denver Post is confident the team will be able to retain Mittelstadt’s services, projecting the centerman could sign a middle-ground deal close to five years and $5MM in yearly cap hit.
Masisak came to these numbers while comparing Mittelstadt to the contracts Jared McCann and Pavel Buchnevich are currently on. McCann signed the five-year, $25MM deal Masisak projects for Mittelstadt, earning it after a stout 27 goals and 50 points in 74 games with the inaugural Seattle Kraken. Buchnevich carries a pricier $5.8MM price tag, though his deal ran for just four years. As pointed out by Masisak, each of Mittelstadt, McCann, and Buchnevich scored at similar paces – each above 0.70 points per game – in the two seasons leading up to their deals.
Other notes from around the league:
- The Buffalo Sabres could be convinced to move one of their second-tier prospects to find a player that fits their system, shares Lance Lysowski of the Buffalo News. Lysowski mentions Isak Rosen, Viktor Neuchev, and Nikita Novikov among six options the Sabres could choose from in trade talks. The Sabres have already mentioned they’re open to trading the 11th overall pick and are now adding to their wallet ahead of the 2024 NHL Draft.
- New York Rangers forward Barclay Goodrow could be a candidate for a buyout when the buyout window opens, shares Larry Brooks of the New York Post. Brooks noted Goodrow’s meager scoring with New York, including his limited 12 points in 80 games this season. Goodrow has made up for that meager scoring with a strong postseason, posting a career-high eight points in 16 games in a flurry of postseason success that’s beginning to define Goodrow’s game. He’s appeared in 97 playoff games over the course of his career, and while he’s totaled just 24 points in those appearances, he’s found a way to show up in pivotal moments. That clutch factor could make him a strong candidate to join a new playoff-caliber team should the Rangers decide to part ways with him this summer.
Shesterkin's Next AAV Likely To Be Record-Setting
Rangers goaltender Igor Shesterkin is extension-eligible this summer as he’ll be entering the final year of his contract in July. It’s well-known he’s in line for a sizable raise from his current $5.667MM AAV; Mollie Walker of the New York Post posits that it’s possible the 28-year-old doubles that amount. She pegs $10.5MM as the likely floor for discussions, an AAV that would match Montreal’s Carey Price for the all-time record price tag for a goalie. Considering that deal was signed back in 2017, the equivalent cap percentage today would be $12.32MM so it wouldn’t be surprising to see Shesterkin’s camp come in around that number for their initial ask. He posted a 2.58 GAA and a .912 SV% in 55 starts during the regular season but was quite strong in the playoffs, improving those numbers to 2.34 and .936 respectively in 16 starts.
Kakko Contract Could Make It Easier To Move Him
- While the Rangers and Kaapo Kakko agreed to a one-year, $2.4MM deal on Thursday, that might not be enough to quell any trade speculation. As Sportsnet’s Elliotte Friedman relayed in the latest 32 Thoughts podcast (audio link), it’s possible that this was done to provide more certainty to interested teams as to what his cap charge will be for next season without having to worry about salary arbitration. Kakko is coming off a down year that saw him record just 13 goals and six assists in 61 games, hardly the type of production New York was hoping for from the second-overall pick in 2019.
Rangers RFA Olof Lindbom Signs In Finland
Goaltender Olof Lindbom‘s time in the Rangers organization may be coming to an end. The pending restricted free agent is heading to Europe next season, signing a one-year deal with Pelicans of the Finnish Liiga with a one-year option.
Lindbom, 23, was the first goaltender taken in the 2018 NHL Draft, taken off the board in the early second round with the 39th overall pick. Nearly six years later, it seems like a regrettable choice. Justus Annunen, Lukáš Dostál, Samuel Ersson, and Joel Hofer are just some of the goalies selected after him who have already logged NHL action and still have more to grow.
The Stockholm native waited until the 2022 offseason to sign his entry-level contract with the Rangers. He came to North America after putting up decent but unimpressive numbers as a starter in the HockeyAllsvenskan, Sweden’s second-tier pro league.
Lindbom wasn’t able to even carve out a role with New York’s AHL affiliate in Hartford, though, and spent most of the last two seasons on assignment to the ECHL with the Jacksonville Icemen and Cincinnati Cyclones. This year in Cincinnati was especially difficult for Lindbom, struggling with a .884 SV%, 3.56 GAA, one shutout and a 10-15-3 record in 29 games. He fared slightly better in limited action with Hartford, logging a .916 SV% in six games, but his sub-.900 play in the ECHL over the past two years offers little hope for an NHL future.
As such, he’s heading to Finland for the first time after spending all of his pre-Rangers days in Sweden. The 6’2″ netminder’s NHL rights could still stay with the Rangers if they issue him a qualifying offer before the June 30 deadline, although it wouldn’t surprise many to see him be non-tendered. He’ll team up on Pelicans next year with Jasper Patrikainen, another young netminder who’s had an up-and-down run over the past few years.
Rangers’ Kaapo Kakko Signs Qualifying Offer
Rangers winger Kaapo Kakko will sign his one-year, $2.4MM qualifying offer and avoid restricted free agency, reports the New York Post’s Larry Brooks. The deal will yield a $300K increase over his previous $2.1MM cap hit but will pay him the same salary he earned in the 2023-24 season. The Rangers later made the signing official but did not confirm financial details.
Kakko, 23, did reach RFA status briefly after his entry-level deal expired in 2022 but agreed to a two-year, $4.2MM pact in late July. He would have been arbitration-eligible this summer if he remained unsigned.
Coming off a career-high 40 points in 2022-23, Kakko was expected to build on his offensive showing and play closer to the potential indicated by his second-overall billing in the 2019 draft. It didn’t go as planned, however, as he dropped firmly back into a bottom-six role under head coach Peter Laviolette, managing 13 goals and 19 points in 61 games while averaging a career-low 13:17.
While he still managed to score 13 goals and shoot 14.3%, north of his career average, his normally high-end even-strength possession impacts dipped, making it harder to justify giving him fringe top-six minutes with his otherwise limited offensive production. His 49.4 xGF% was his worst since his rookie season, per Hockey Reference.
Kakko’s offensive struggles continued in the playoffs, as he scored just one goal and one assist and had a -4 rating in 15 games. He was a healthy scratch for Game 2 of their Eastern Conference Final loss to the Panthers, a move that some speculated may lead to a trade request. The Rangers were fielding trade interest in Kakko as far back as January, but general manager Chris Drury publically reaffirmed his belief in his potential earlier this month.
No matter what, getting an extension done a couple of weeks in advance of the draft helps the Rangers. It either provides them with more cost certainty heading into free agency next month or makes it easier to put together a trade by providing any potential acquiring teams with cost certainty.
For now, Kakko’s signing brings the Rangers’ projected cap hit next season to $78.8MM, $9.2MM short of the $88MM upper limit. They still have two RFAs to re-sign in defensemen Ryan Lindgren and Braden Schneider, and have multiple notable pending UFAs, including Erik Gustafsson, Jack Roslovic and Alexander Wennberg.
Kakko will be in the same situation when his new deal expires next summer as an arbitration-eligible RFA with a $2.4MM qualifying offer.
Image courtesy of USA Today Sports.
Karl Henriksson Linked To SHL
- It looks like pending Rangers RFA Karl Henriksson could be heading back overseas next season. Smalandsposten in Sweden reports that SHL Vaxjo is showing interest in signing the 23-year-old. Henriksson has spent the last two seasons with AHL Hartford and had 11 goals and 13 assists in 64 games in 2023-24. He already has a fair bit of experience in Sweden’s top level, playing in 94 games in parts of four seasons with Frolunda before coming to North America. Even if he signs back home, New York can still retain Henriksson’s NHL rights with a qualifying offer later this month.
Free Agent Focus: New York Rangers
Free agency is now just a month away and teams are looking ahead to when it opens. There will be several impact players set to hit the open market in July while many teams have key restricted free agents to re-sign as well. We continue our look around the NHL with an overview of the free agent situation for the Rangers.
Key Restricted Free Agents
F Kaapo Kakko – Kaapo Kakko’s pending free agency has become just as prolific as the rest of his early career, with the former second-overall pick not doing much to warrant a shiny new contract after a big step back this season. Kakko scored 18 goals and 40 points last year, beginning to vie for a
somewhat comfortable role in the Rangers’ top-six, but he lost his momentum with just 13 goals and 19 points this year. It’s the third season of Kakko’s five-year career where he’s managed fewer than 20 points, with his career totals now sat at 117 points through 300 games. The measly scoring has continued into the postseason, where Kakko has just nine points in 44 career games. It’s hard to give up on one of the top names from an illustrious 2019 top 10, but New York will certainly use these contract negotiations as a chance to reset their expectations for the Finnish forward.
D Braden Schneider – Juxtaposing Kakko’s tame years with the Rangers, Schneider has done everything and then some to show he’s deserving of an everyday spot in the Rangers lineup since making his debut in 2021. He played in all 82 games this season and posted five goals and 19 points, one-upping his 18-point career-high set in 81 games last year. His ice time grew from an average of just 15 minutes in October to 17 minutes in the postseason, with Schneider even receiving top-line minutes multiple times throughout the season. It’s been a statement year for Schneider, who can enter negotiations confident that the Rangers will want to lock him up for the foreseeable future. But what price that term will require is yet to be seen. In a year with very few pending free agents, Schneider will be New York’s most integral re-signing.
D Ryan Lindgren – Amidst two restricted free agents on very different ends of the scale, Lindgren exists somewhere in the middle. His value is divisive, though he’s done a lot to show his worth as a stout defensive defender – even working his way into a confident second-pair and penalty-killing role this season. Lindgren posted 17 points in 76 games along the way, sticking within three points of his scoring totals in every season of his career. That consistency is commendable, if nothing else, and should be enough to pique New York’s interest. The Rangers could lock up their defense for the long-term this summer, a dream opportunity for a team faced with once again reconstructing the offense.
Other RFAs: F Karl Henriksson, F Bobby Trivigno, D Matthew Robertson, G Olof Lindbom
Key Unrestricted Free Agents
F Jack Roslovic – The Rangers acquired Roslovic at the Trade Deadline, sending a 2026 fourth-round pick back to the Columbus Blue Jackets. And while his play was ultimately a bit hot-and-cold in New York, he vindicated the cheap acquisition cost with 16 points in 35 games with the Rangers, split between the regular season and the playoffs. Roslovic served in his patented third-line role with the Rangers, offering grit and all-three-zones impact but never jumping off the page. As a result, his minutes were the first on the chopping block when the Rangers welcomed back Filip Chytil, bumping Roslovic down to the fourth line where he struggled to score. Roslovic was by no means detrimental in his short tenure with the Rangers, but he’s already lost when faced with competition for minutes. He plays a style that the Rangers welcome, and it’d be no surprise to see him return, but he could quickly price himself out of that option on a Rangers team with less than $12MM in cap space.
F Alexander Wennberg – Wennberg was another Deadline acquisition for the Rangers,
costing them a 2024 second-round pick and a 2025 fourth-round pick in a trade with the Seattle Kraken. The 25-year-old forward went on to struggle with the Rangers, posting just seven points through 35 games. He rotated around the team’s bottom-six, offering helpful lineup flexibility and even slotting onto special teams at points. Wennberg expressed interest in returning to New York in his exit interviews, even despite his modest role. He’ll likely be willing to take a cheap deal to make that happen, slotting him back in to a busy competition for minutes in New York’s bottom-six.
F Blake Wheeler – Wheeler’s last hoorah with the Rangers didn’t go entirely as planned, with the veteran forward playing in just 56 total games this season, after missing three months of the year’s second-half with a leg injury. He posted a just 21 points on the year, his lowest scoring since the 2009-10 season – his second year in the league. Wheeler’s recovery journey and valiant push to return for the playoffs have dominated much of the conversation around him, but the topic of retirement is looming. He will turn 38 before the start of next season and just had his one-year, $800K contract with the Rangers spoiled by injury. The Rangers are now rich with bottom-six forwards and likely don’t have room for Wheeler even if he does want to play another year. He’s likely set on testing the waters of the open market, which should help him make a call on if he’s ready to quit.
D Erik Gustafsson – New York has a wealth of depth defense options, especially as players like Matthew Robertson and Brandon Scanlin adjust more to NHL roles. But Gustafsson brought an exciting spark to the Rangers blue line, posting a strong 31 points in 76 games without ever looking like much of a liability on defense. He was an ace up Peter Laviolette’s sleeve, typically serving bottom-pair minutes but always ready to jump into a top-pair role should the Rangers need a boost. Extending Gustafsson runs the risk of creating a logjam on New York’s blue line. But the veteran defender seemed well-adjusted to the team’s systems and offers cheap depth that’s likely too valuable for New York to pass-up.
Other UFAs: D Chad Ruhwedel, F Nic Petan, F Tyler Pitlick, D Nikolas Brouilard, D Mac Hollowell
Projected Cap Space
New York is entering the off-season with just $11.61MM in cap space, getting a slight boost from the announcement of an $88MM cap ceiling. That should be enough money for them to re-sign any of their pending free agents that they wish to keep, though Schneider’s deal could quickly eat up space if it mirrors the long-term deals of players like Jake Sanderson, Mattias Samuelsson, and Alex Vlasic. Securing Schneider, and their picks of Lindgren and Gustafsson, will solidify a Rangers blue-line that looked sound for much of last season – but it may come at the cost of parting with their plethora of depth forwards.
Photos courtesy of USA Today Sports Images. Contract information courtesy of CapFriendly.
Rangers Notes: Kakko, Trouba, Core
Rangers general manager Chris Drury held his virtual end-of-season media availability today after his squad was bounced by the Panthers in the Eastern Conference Final. Among the topics of discussion was the future of 2019 second-overall pick Kaapo Kakko, who’s already found himself in trade rumors after being benched during the playoffs and reaching the end of his contract.
Drury compared Kakko’s situation to that of 2020 first-overall pick Alexis Lafrenière last summer, saying the team will “continue to try and find everything we can do to help him reach his potential” (via USA Today’s Vince Z. Mercogliano). Like Kakko, Lafrenière was a restricted free agent last summer but ended up sticking with the team and signing a two-year, $4.65MM deal in August.
It turned out to be the prudent choice. Under new head coach Peter Laviolette, Lafrenière was finally elevated to a consistent top-six role and scored 28 goals and 57 points while playing in all 82 games, all career highs. He was also one of the Rangers’ better playoff performers, adding eight goals and 14 points in 16 contests.
Unlike Lafrenière, though, Kakko looked to have taken a step forward last season after scoring 18 goals and 40 points but regressed heavily this year. The 23-year-old Finn averaged 13:17 per game, a career low, and mustered only 13 goals and 19 points in 61 games. Whether the Blueshirts hold onto his signing rights and attempt to continue developing him into a top-six threat or decide to move him remains to be seen.
More from Drury on the Rangers’ offseason and future:
- He also went out of his way to defend captain Jacob Trouba, who’s drawn public ire after a poor showing in their loss to the Panthers (via The Athletic’s Peter Baugh). “Jacob’s been an excellent captain and leader for us. … He gives us everything he can every single night.” The blue-liner had three goals and 22 points in 69 games this season, tied for his lowest offensive output per game since New York acquired him from the Jets in 2019. He did have seven points in 16 playoff games but got caved in defensively at even strength, only managing to control 41.6% of shot attempts.
- The third-year GM still believes their core of Adam Fox, Artemi Panarin and Igor Shesterkin can lead them to a championship after their Presidents’ Trophy-winning season. “I do believe in our players individually,” Drury said. “Now it’s part of the job to figure out if this group collectively can get us where we want to be. That process is already underway” (via Mercogliano).