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Vegas Golden Knights Sign Alex Tuch To Seven-Year Extension

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The Vegas Golden Knights have locked up another member of their core, signing Alex Tuch to a seven-year extension that carries an average annual value of $4.75MM. Tuch is currently working his way back from injury, and is in the final season of his entry-level contract. He was scheduled to become a restricted free agent next offseason, but will not have to worry about negotiating with the Golden Knights for quite some time. The deal includes no signing bonuses, and will have just a five team no-trade clause during the last three seasons.

Tuch, 22, came to the Golden Knights through an expansion draft agreement with the Minnesota Wild, and flourished in his first year in the NHL. In 78 games last season he scored 15 goals and 37 points, while becoming a big body that the team could deploy in almost any situation. With excellent puck skills and creativity, Tuch is more than just a physical presence on the ice, but can likely thank Tom Wilson for at least some of this contract. The team obviously saw the value in having some size up front, and committed nearly as much money to Tuch as to Jonathan Marchessault, one of their offensive leaders.

That $4.75MM is a bit surprising for a player who has just 84 regular season games under his belt, but it’s not like Tuch came out of nowhere. Selected 18th overall in 2014, he starred at Boston College for two seasons before making a successful jump to the AHL’s Iowa Wild. Though the 6’4″ winger may not have incredible finishing skills in tight, he can routinely get the puck to the dangerous areas and create opportunities for himself and his linemates. That was no more apparent than during the Golden Knights’ Stanley Cup Finals run, in which Tuch scored six goals including two game-winners in 20 games. His ten postseason points put him only behind Marchessault, Reilly Smith, William Karlsson and James Neal up front, showing just how important he is to the Vegas attack.

Still, there’s obviously risk involved here for the Golden Knights. Though the team started with a clean balance sheet and the entire salary cap to work with, they’ve now committed more than $60MM to next season on just 15 players and have huge contracts to negotiate with William Karlsson and Nate Schmidt. They’re by no means in trouble with numbers like that, but they also can’t really weaponize their cap space like they once did, and take on dead money like David Clarkson. In just a short period of time, the Golden Knights have put themselves in a situation just like most of the other teams in the league, with plenty of money committed long-term. Tuch becomes the eighth player signed at least through the 2021-22 season.

Betting on Tuch is another indication that the front office in Vegas believes that last year was no fluke. Though they’re off to a less than stellar start this season, they believe this core is still capable of taking the team to the playoffs and competing there for years to come. That’s why the team went out and signed Paul Stastny in the offseason to replace some of Neal’s outgoing offense, and then traded for and extended Max Pacioretty just before the beginning of the season. The expansion franchise is in win-now mode, while still having a huge pile of draft picks to select over the next few seasons.

Tuch will become the fourth-highest paid forward on the Golden Knights next season, though Karlsson is sure to push him down a spot with whatever deal he works out with the team. That’s because with a deal of this length he’s selling off three years of unrestricted free agency, and a chance to make even more money. The young forward wouldn’t have had arbitration rights in 2019, but now won’t even have to consider a long hard negotiation with the team. He’ll now have the certainty of playing in Vegas for a long time, and becoming one of the real faces of the new franchise.

Elliotte Friedman of Sportsnet was the first to break news of the contract, while Pierre LeBrun of The Athletic reported details of the no-trade clause.

Photo courtesy of USA Today Sports Images

Justin Schultz Out Four Months Following Surgery

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The news has come down on Justin Schultz, and it’s not good. The Pittsburgh Penguins today announced that Schultz underwent surgery to repair his broken left leg, and will be out four months. Schultz suffered the injury against Montreal on Saturday, and will now be out for a good part of the 2018-19 season.

The Penguins have already been dealing with the poor early play of Olli Maatta, and haven’t found a ton of consistency out of any of their defensemen other than Kris Letang and Brian Dumoulin. The pressure to perform will be even greater now with Schultz sidelined until at least February, and it means once again players will likely have to line up on their off side. Schultz was one of just two full-time right-handed options for the Penguins, and had also received time on the powerplay. That role may now end up going to Jack Johnson, but the team could also experiment with young Juuso Riikola, who has impressed through two games.

Either way this is a tough break for a defensive unit that has not exactly been the picture of health over the last few years. While Letang is an excellent player, he’s also played in more than 80 games just once in his entire career, and has had several serious injury and health concerns. With him logging more than 26 minutes a night, the Penguins are playing with fire as they try to get back to the postseason. Schultz’ injury puts more pressure on the young options to step up and help Letang and Dumoulin on a nightly basis, or GM Jim Rutherford may have to go out and make another addition.

Tom Wilson Suspended Twenty Games

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The NHL Department of Player Safety has made a statement. Washington Capitals forward Tom Wilson has been suspended for twenty games following his illegal check to the head of St. Louis Blues forward Oskar Sundqvist. The league has clearly had enough of the repeat offender ending up involved in incidents like this, and will have him sit for nearly a quarter of the season. As the accompanying video explains:

Players who repeatedly violate league playing rules will be more severely punished for each new violation. Wilson was suspended on three occasions during the 2017-18 NHL season. On September 22nd, 2017 he was suspended for a late, high hit on Robert Thomas. Just two preseason games later, Wilson was again suspended, this time for boarding Samuel Blais. Seven months later, Wilson was suspended for an illegal check to the head of Zach Aston-Reese. This hit on Sundqvist occurred in only his 16th game since his last suspension, which was also for an illegal check to the head.

In short, including preseason and postseason games played, this is Wilson’s fourth suspension in his last 105 games—an unprecedented frequency of suspensions in the history of the Department of Player Safety.

Wilson will forfeit more than $1.26MM in salary for this suspension, though many are already expecting an appeal or grievance from the NHLPA. If it’s not shortened, Wilson will be out until the Capitals face the Chicago Blackhawks on November 21st.

Seth Jones Sidelined Four To Six Weeks With Knee Injury

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Losing an All-Star defenseman at any point is a major blow to a team, but when it happens while two other top defenseman are less than 100%, it becomes a problem. That is what the Columbus Blue Jackets face to begin the 2018-1 season. The team announced that top defenseman Seth Jones sprained his MCL in last night’s preseason game. As a second degree sprain of the ligament, surgery will not be required, but Jones will be out four to six weeks to begin the year. He is expected to return to the Blue Jackets’ lineup in November.

Meanwhile, Zach Werenski is still working his way back from off-season shoulder surgery and has yet to play this preseason, while Ryan Murray is day-to-day with a groin injury. Both players were considered questionable to start the regular season, but will now be pressed into action to help make up for Jones’ loss. While the Blue Jackets’ top-four of Jones, Werenski, Murray, and David Savard is very strong, their depth of Markus Nutivaara, Scott Harrington, Dean Kukan, and Adam Clendening lacks the same optimism. Someone will have to step up and play a capable top-four role for the month or longer that Jones remains sidelined.

No one will truly be able to replicated Jones’ play, however. The 23-year-old set a career high with 16 goals and 57 points last season, among the top scoring defensemen in the NHL. Jones also led Columbus in average time on ice, shots, and power play production. The young blue liner really did it all for the Blue Jackets and the team will undoubtedly struggle in his absence.

Corey Perry Undergoes Knee Surgery, Out Five Months

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The Anaheim Ducks issued some bad news today, with GM Bob Murray revealing that star forward Corey Perry has suffered a major knee injury. Perry reportedly damaged the meniscus and MCL in his right knee during warm-ups ahead of the Ducks’ last preseason game. The team diagnosed the injury and Perry underwent surgery today. The expected recovery time is upwards of 20 weeks, close to five months. Murray said that they hope to have Perry back before the NHL Trade Deadline at the end of February.

This is a major blow for the Ducks, who have had terrible luck with injuries lately. The team is already dealing with the recoveries of Ryan Kesler and Patrick Eaves and now another top-six forward has been lost. Although Perry struggled last season by his standards with just 17 goals and 49 points, he was still Anaheim’s third-highest scorer and trailed only Rickard Rakell and Jakob Silfverberg in total ice time among forwards. The Ducks were hoping to get a bounce back season from Perry with Ryan Getzlaf, Kesler, and Eaves closer to full health, but now lose perhaps their most dangerous scorer. A Hart Trophy and Richard Trophy winner, Perry is one of the league’s best power forwards when healthy. However, his skating has become a concern as he’s aged and a major knee injury will not help get him back up to speed. Even after that, the 33-year-old may not be the same player he once was following this latest injury.

For all intents and purposes, the Ducks cannot rely on Perry at all this season. Even if he is able to make it back before the end of the year, it will take time to get him back to full strength. The top-six of Getzlaf, Rakell, Silfverberg and – if healthy – Kesler and Eaves will have to be at their best, while the likes of Ondrej Kase and Troy Terry will have to step up. This predicament could also heat up negotiations with Anaheim’s other power forward, unsigned RFA Nick Ritchie, or could also ramp up expected interest by the Ducks in acquiring a winger, perhaps even making an offer on another unsigned RFA, William Nylander. A lot could change for the Ducks this season as they work to replace on of the best players in franchise history.

 

Vegas Signs Shea Theodore To Seven-Year Contract

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The stand-off between restricted free agent defenseman Shea Theodore and the Vegas Golden Knights is over and ended in a way that few expected after all this time. Late last night – or early this morning for many – Theodore ended his holdout by signing a seven-year extension worth $36.4MM, per a team release. It is a flat structure without any salary fluctuation or bonuses, but does include a modified No-Trade Clause in the final two years, as reported by TSN’s Pierre LeBrun. Theodore will now re-join the Knights at training camp and is expected to be ready for the start of the regular season.

The new contract carries a $5.2MM AAV, higher than Theodore’s reported comparable contracts of Winnipeg’s Josh Morrissey and Edmonton’s Darnell Nurse. However, those two players each signed two-year bridge deals, whereas Theodore was able to land long-term security, as well as eat into unrestricted free agency years, with five extra years at a salary of close to $2MM more. The cap hit for a long-term deal is also commensurate with Theodore’s experience relative to those two, comparable to recent deals signed by the likes of Toronto’s Nikita Zaitsev, Florida’s Michael Matheson, and the Rangers’ Brady Skjei. It turns out that term was actually the bigger factor in negotiations than salary, according to GM George McPhee, speaking to the media following the Knights’ preseason game last night. “I don’t know that we were ever really far apart; it was more what’s the right term. They were more interested in going shorter, we were more interested going longer,” McPhee said, adding that “When it was all laid out and explained” to Theodore, there was finally a resolution. McPhee stressed the importance of cost certainty when negotiation a long-term deal with a player they see as a major core piece moving forward, balancing cap space with commitment, and stating that he is “confident” with the long-term core they have put together.

Not long ago it seemed there was no resolution in sight between Theodore and the Golden Knights, only for a surprise long-term deal to be announced overnight. Could another contract negotiation break the same way? With Theodore signed, only the Maple Leafs’ William Nylander and the Ducks’ Nick Ritchie remain unsigned and the news out of both cities has been equally pessimistic. Yet, if Theodore can agree to deal with just some small tweaks and some inside information from management, others can too. With the regular season set to open next week, the clock is ticking for these two remaining RFA’s to make a deal.

Erik Karlsson Traded To San Jose Sharks

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The San Jose Sharks missed out on several of their trade targets this offseason, but will come out with arguably the best available player. Ottawa Senators captain and superstar defenseman Erik Karlsson has been traded to the Sharks. In exchange the Senators will receive a 2020 first-round pick, a 2019 second-round pick, Chris Tierney, Josh Norris, Rudolfs Balcers and Dylan DeMelo. The Senators will also receive a 2021 second-round pick if Karlsson re-signs with the Sharks and an additional first-round pick no later than 2022 if the Sharks trade Karlsson back to an Eastern Conference team. That 2021 second would also upgrade to a first if San Jose reaches the Stanley Cup Final next season. Francis Perron will also be going to the Sharks with Karlsson.

After months of speculation and rumor, the Senators have finally moved Karlsson to the highest bidder. The deal does not come with a pre-arranged contract extension, but will avoid the distraction of Karlsson suiting up for the first on-ice session of training camp tomorrow. The 28-year old defenseman did however finally address the media, and made it clear that he and his family will be living in Ottawa for the rest of his life despite the trade. Karlsson explained that he had at one point believed that he would spend his entire career in Ottawa, and was fighting back tears as he said goodbye to the room full of media.

For San Jose, the acquisition of Karlsson immediately jumps their defense group to one of the best in the NHL. Already loaded with talent like Brent Burns and Marc-Edouard Vlasic, the team can now match just about any line in the league with a pair of defenders capable of driving play. That’s very important in the Pacific Division, where several teams were all competing for playoff spots without any real standout contenders. The Sharks have now become that expected favorite for the division, and should rival the Nashville Predators and Winnipeg Jets in the Western Conference. That’s assuming that Karlsson can quickly become assimilated into the group and is fully recovered from the ankle injury that derailed the first part of the 2017-18 season.

In a league where good right-handed defensemen are rare, Karlsson and Burns are arguably—along with Drew Doughty—two of the top three options in the NHL. At both even-strength and on the powerplay, the Sharks should be incredibly dangerous and haven’t given up a ton from their current roster.

Tierney, 24, is the biggest NHL piece and should help a Senators forward group that is expected to struggle offensively. Last season playing down in the lineup, Tierney recorded 17 goals and 40 points and just started to show what he was capable of. The two-way center was selected 55th-overall in 2012, and hadn’t cracked 15 goals or 30 points in his previous seasons. In Ottawa, there is a good chance that he could be given a much bigger opportunity—especially given the news that Jean-Gabriel Pageau could miss significant time—and take on some real responsibility in the top six.

DeMelo too should see increased playing time in Ottawa after his solid 2017-18 season in San Jose. Exposed to the expansion draft but passed over by the Vegas Golden Knights, he played in a career high 63 games with the Sharks and recorded 20 points in limited minutes. That total would have been good for third on the Senators last year behind only Karlsson and Thomas Chabot, meaning there’s a very real chance that DeMelo sees powerplay time and a big jump in ice time. Whether he can parlay that into improved production is unclear, especially when moving to an Atlantic Division that has some of the league’s best forward lines.

Though Tierney and DeMelo will likely both play significant roles on the Senators this season, it is in Norris and Balcers that the trade value really lies. The former was selected in the first round in 2017 and had a very good freshman season at the University of Michigan, while the latter turned in an outstanding rookie year in the AHL and could potentially make the jump to the NHL right away. Balcers scored 48 points in 67 games for the San Jose Barracuda, proving that he is worth much more than the fifth-round selection the Sharks used to get him in 2015.

Norris isn’t currently signed and poses some risk as a collegiate prospect, but given that he is best friends with new Senators prospect Brady Tkachuk and still only entering his sophomore season there’s still little doubt that he will eventually be signed to his entry-level deal. His development will be an absolute key to this trade providing much value for the Senators, as some have projected Norris as a legitimate two-way force at center ice.

While the Senators did get some real value, it’s hard to not be ecstatic if you are a fan of the San Jose Sharks. The team has added one of the very best players in the entire world and can now legitimately say they are a Stanley Cup contender going into 2018-19. Getting Karlsson signed to a contract extension is a real must given that they’ve almost completely rid themselves of high draft picks the next few seasons—the team still owes the Buffalo Sabres their 2019 first for re-signing Evander Kane—but at this point GM Doug Wilson has decided to “go for it” while Burns, Joe Thornton and Joe Pavelski are still capable players.

One important thing to note following this trade is the position of the Colorado Avalanche, who own the Senators first-round pick for this season. With Karlsson gone and Mark Stone and Matt Duchene possibly following at some point, many are expecting the Senators to end the season near the very bottom of the standings. The Senators recently decided to keep their 2018 fourth overall pick and select Tkachuk instead of handing it to the Avalanche, and could potentially end up giving up the top selection next June. That still is to be determined given that even last place in the league has less than an 20% chance at selecting first with the current odds of the draft lottery, but Avalanche fans can look forward to another top prospect entering the organization before long.

Austin Watson Receives 27-Game Suspension

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Last week, the NHL indicated they would be making a final decision on supplementary discipline for Predators winger Austin Watson, who pled no contest to a domestic assault incident earlier this summer.  That decision has been made and they announced that Watson has been suspended for the first 27 games of the season as well as the entire preseason.  Sportsnet’s Chris Johnston reports (Twitter link) that the NHLPA intends to appeal the suspension.

Commissioner Gary Bettman released the following statement:

Today’s ruling, while tailored to the specific facts of this case and the individuals involved, is necessary and consistent with the NHL’s strongly held view that it cannot and will not tolerate this and similar types of conduct.

Watson’s plea came back in late July and at the time, he was given three months of probation and was placed on judicial diversion.  This means that if he complies with all of the terms set, his case will be expunged.

Watson will not be paid for the duration of the suspension and will be eligible to return to Nashville’s lineup on December 3rd.

Steve Yzerman Stepping Down As Tampa Bay Lightning GM

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In one of the more unbelievable turns of the offseason, Joe Smith of The Athletic is reporting that Steve Yzerman will step down as General Manager of the Tampa Bay Lightning and move into an advisory role. Julien BriseBois, currently the Assistant General Manager and a target for many years by other teams around the league, will move into the vacated position. Yzerman has just one year remaining on his contract with the Lightning, but cited family reasons for his departure from the GM role.

Understandably, the first reaction to this move will be to look at the Detroit Red Wings as Yzerman’s next destination. The legendary forward started his managerial career with the Red Wings after retirement, and has been linked—however tenuously—to the organization ever since. Smith and Helene St. James of the Detroit Free Press are reporting that Yzerman told Lightning players that he was “heading back to Detroit” but it’s not clear if that means a job is waiting, since he also still has a home in the area. Ken Holland, the current GM of the Red Wings signed a two-year extension earlier this year and has still shown no indication that he is ready to move on to a more senior role.

Yzerman has done a wonderful job with the Lightning since taking over in 2010, signing their homegrown stars to team-friendly contracts and bringing in plenty of surrounding talent. The Lightning are a perennial Stanley Cup contender and should be for the foreseeable future. For now, he says that he is completely committed to the Lightning organization for the remainder of his contract, though wouldn’t go into things down the line.

Max Pacioretty Signs Four-Year Extension With Vegas Golden Knights

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As expected, the Vegas Golden Knights have announced a long-term extension for new winger Max Pacioretty. After acquiring him last night from the Montreal Canadiens, the Golden Knights have signed Pacioretty to a four-year, $28MM extension that will run through the 2022-23 season. The deal includes a 10-team no-trade clause, and though Pacioretty does have one season left on his current contract, his next deal will be considerably front loaded to give him a good chunk of the salary up front:

  • 2019-20: $10.5MM
  • 2020-21: $7.0MM
  • 2021-22: $5.25MM
  • 2022-23: $5.25MM

Montreal GM Marc Bergevin stated that an extension was part of the agreement to send Pacioretty to Vegas, though the official announcement has come some hours later. The Golden Knights sent Tomas Tatar, Nick Suzuki and a second-round pick to Montreal in the middle of the night and had already been given a window to negotiate with Pacioretty. Vegas GM George McPhee admitted in his press conference today that they had been talking to the Canadiens since just after the draft, and things picked up over the last few days.

Pacioretty, 29, becomes one of just three forwards on the Golden Knights who are under contract for the 2021-22 season, joining Jon Marchessault and Reilly Smith who were key members of the offensive attack in a Cinderella first season. The former Montreal captain will try to join in on that production, and return to the goal scoring ways that made him a star for the Canadiens. In four consecutive seasons between 2013-2017, Pacioretty recorded at least 30 goals and 60 points and was one of the most consistent two-way threats in the Eastern Conference. It likely would have been six consecutive seasons if the 2012-13 campaign wasn’t shortened because of a work stoppage—Pacioretty had 33 goals in 2011-12 and 15 in the shortened year.

That kind of goal scoring is extremely difficult to acquire, and there is no guarantee that the Golden Knights have done so with this transaction. Pacioretty only scored 17 goals last season in 64 games, though was still one of the Canadiens most dangerous players when healthy. If he can stay on the ice in Vegas and perhaps find some early chemistry with fellow newcomer Paul Stastny, there’s a good chance he could revert to the 30-goal scorer he showed for so many years. Those questions are far from answered though, and the Golden Knights are paying him as though he will bounce back immediately. In doing so they are taking on some definite risk, though after proving they’re already in a Stanley Cup window taking a chance to acquire talent like this is usually necessary.

It is interesting that the team was able to keep the term down to just four years, given the reports that the Los Angeles Kings had offered Pacioretty a six-year, $36MM extension in a trade that fell apart earlier this offseason. Even if he can’t get back to the level he showed in previous years, Pacioretty will only be 34 when the deal expires and will likely still be at least a usable NHL player.

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