Oilers, Rangers Swap Ryan Strome And Ryan Spooner
The New York Rangers and Edmonton Oilers have decided to shake things up by exchanging centers. The Rangers were the first to announce the deal, which sees them send Ryan Spooner to the Oilers for Ryan Strome. This is is a one-for-one swap, although TSN’s Bob McKenzie reports that the Rangers have retained $900K of Spooner’s contract to make it an even salary exchange.
This trade is simple case of two players who didn’t work out in new locations and needed a change of scenery. If Spooner’s and Strome’s names look familiar in a trade context, it is because both were just shipped off last season. In the 2017 off-season, the Oilers sent Jordan Eberle to the New York Islanders straight up for Strome. The move was panned initially, then Strome gained some support over the course of the season, but after recording just two points through 18 games to begin the new campaign, he was again drawing the ire of executives and fans alike. Spooner was included in the package that the Boston Bruins sent to the New York Rangers in exchange for Rick Nash at last season’s trade deadline, but hardly seemed like the centerpiece in a deal that also featured a first-round pick and defensive prospect Ryan Lindgren. Although Spooner played very well for the Rangers down the stretch, he too has just two points to show for his efforts this season, a disappointment to those who felt he could play a top-six role for the team moving forward.
It will be difficult to determine a winner in this trade for some time. Both players carry a cap hit of $3.1MM through the 2019-20 season. Spooner, 26, and Strome, 25, are almost dead even in career points, although Spooner has 160 points in 289 games whereas Strome has 162 points in 358 games, close to a season more. Both are power play assets who can be too passive offensively at even strength and are known for streaky play. The only main difference between the pair is in style; Spooner is an elite passer and a quicker player with very little patience for the defensive aspects of the game, while Strome is two-way forward with penalty-killing prowess, superior possession numbers and more goal-driven production.
Back with the man who drafted him in Boston, GM Peter Chiarelli, Spooner likely stands the best chance of a rebound. The Oilers have been looking to improve their team speed and Spooner certainly brings that element to his game. Edmonton’s usage of Spooner will bear watching, as the team could use a high-end play-maker on the wing more than they really need a third-line center, but historically Spooner has fit better down the middle and the loss of Strome does vacate a spot. Meanwhile, Strome joins a center-heavy lineup in New York and will likely have to earn a spot down the middle. The Rangers could use his scoring touch, if he can find it, but also need more two-way accountability, which Strome can bring.The Rangers’ brass watched Strome play with the Islanders for years and know what they’re getting in this deal. Both players have struggled to fit in in previous NHL situations; the Oilers and Rangers hope this time they can get it right.
Tanner Pearson Traded To Pittsburgh Penguins
The Pittsburgh Penguins gave General Manager Jim Rutherford three more years under contract, and he immediately gave them a new player. The team has traded Carl Hagelin to the Los Angeles Kings in exchange for forward Tanner Pearson. The Penguins have also retained 6.25% ($250K) on Hagelin’s contract, which makes the salary exchange a wash between the two sides for the remainder of this season.
Pearson, 26, is off to the worst start of his professional career and hasn’t scored a single goal in 17 games this season. That lack of offense has contributed to the Kings’ struggles in the early going, as the forward had previously been relied on as a key secondary scoring option. That’s what Pittsburgh hopes it is getting, as Pearson did score 24 goals as recently as 2016-17 and may be able to find that touch while playing alongside talented centers like Sidney Crosby or Evgeni Malkin. There’s no indication where exactly he’ll fit into the lineup, but the Penguins have been trying just about every combination so far this season with little success to show for it.
Selected in the first round of the 2012 draft, it wasn’t always obvious he was going to have a professional career at all. Pearson was twice passed over entirely in the draft, his first year of eligibility coming before he even joined the Barrie Colts of the OHL. That all changed in 2012 when he starred for the Colts and worked his way onto the Canadian World Junior team, taking home a bronze medal but showing he could compete alongside other top prospects. An outstanding rookie season in the AHL earned him an NHL debut in the playoffs for the Kings, and in the 2014 playoffs he would be a huge component to the Kings’ Stanley Cup championship.
With two more years after this season on his current contract, Pearson isn’t just a rental for Pittsburgh this season. He’s an investment that could pay off or make the cap troubles for Rutherford and the Penguins front office even tougher. He carries a $3.75MM cap hit, and while it is offset for this season by dealing away Hagelin, the speedy Penguins winger is scheduled to become an unrestricted free agent at the end of the year and was coming off the books. That benefit is exactly what the Kings were after as they look to restructure their salary system, which will have to accommodate Drew Doughty‘s huge $88MM extension next season.
Salary freedom was the goal here for the Kings, but they do also get an experienced winger in return. Hagelin has 121 playoff games under his belt including lengthy runs with the New York Rangers and consecutive Stanley Cup championships with Pittsburgh. Though his scoring has dried up with just three points on the season, he does still bring an element of speed that was obviously missing from the Los Angeles forward group. An excellent penalty killer—though Pearson is also strong short-handed—Hagelin will likely be a desirable asset at the trade deadline if the Kings can’t turn things around over the next few months. The fact that his contract is just a little bit more palatable will only make him that much more interesting.
The Penguins and Kings both likely aren’t finished tweaking their rosters, but this is a good start for both teams without taking on much risk. Even if Pearson finds his scoring touch and becomes a useful player, the Kings didn’t have the money or desire to pay out his deal as they try to retool their roster. The Penguins meanwhile are taking on a bit of risk with the contract term, but are in pure win-now mode with the trio of Crosby, Malkin and Phil Kessel all heading into the latter part of their careers and need help right away. Hagelin wasn’t cutting it as part of their secondary scoring group, so they’ll give it a shot with the younger and more dynamic Pearson.
Darren Dreger of TSN was first to name Pearson as the acquisition.
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Arizona Coyotes Sign Jakob Chychrun To Six-Year Extension
Young Arizona Coyotes defenseman Jakob Chychrun is getting ready to make his season debut tonight against the Detroit Red Wings and when he hits the ice, he’ll do so with the confidence of a brand new contract. Chychrun has signed a six-year extension, as first reported by The Athletic’s Craig Morgan and later confirmed by the team. Sportsnet’s Elliotte Friedman adds that the deal carries a $4.6MM cap hit, totaling $26.7MM over the six-year term.
The Coyotes’ willingness to commit this magnitude of years and dollars to a player that hasn’t played in an NHL game since April and has just 118 games under his belt speaks measures about what they see in him. Chychrun, 20, was the 16th overall pick in 2016, considered a steal by Arizona in the eyes of many. After a strong rookie campaign, Chychrun was limited to just 50 games last season by a nagging knee injury, the same ACL tear that has had him sidelined thus far in 2018-19. However, when healthy Chychrun has shown flashes of brilliance. A talented two-way defenseman, he has shown ample ability in all three zones with both a composed offensive game and gritty defensive game. Chychrun was able to earn over 20 minutes of ice time per game last year on a Coyotes team that featured established veteran defensemen like Oliver Ekman-Larsson, Alex Goligoski, Jason Demers, and Niklas Hjalmarsson. If health is not a continuing issue, Chychrun projects to be a top-four if not top-pair defender for Arizona.
Moving forward, the Coyotes have clearly designated Chychrun and Ekman-Larsson as the future of their blue line. Both are signed through 2024-25 with their recently-signed extensions – Ekman-Larsson inked his new deal this summer – at cap hits that could end up being well below their respective market values. Goligoski, Demers, and Hjalmarsson are all signed for two more years as well, giving Arizona a solid group for some time, with the likes of Pierre-Olivier Joseph and Filip Westerlund still on the way. The future is bright for the Coyotes defensively and they hope a healthy Chychrun can lead the charge.
Tom Wilson’s Suspension Reduced To 14 Games
The neutral arbitrator has ruled, and Tom Wilson‘s 20-game suspension for an illegal check to the head of St. Louis Blues forward Oskar Sundqvist has been reduced to 14. The Washington Capitals forward is now immediately eligible to return to the lineup, given he has already missed 16 games this season. The reduction will however save Wilson nearly $400K in salary, compared to what he would have had to forfeit for the entire 20-game ban.
The arbitrator in this case was Shyam Das, the same that had reduced Austin Watson‘s suspension for domestic violence earlier this year, and had previously been fired from the MLB for his reversal of Ryan Braun‘s suspension. Das provided a 41-page decision, which concluded that the manner in which the NHL’s Department of Player Safety arrived at the 20-game mark was incorrect. Instead, Das provided evidence on how he arrived at 14 games:
…I find that the League’s decision that Wilson violated Rule 48 was supported by substantial evidence, but that the length of the 20-game suspension imposed was not supported by substantial evidence. As remedy, consistent with my findings, I conclude that Wilson’s suspension should be reduced to 14 games. I have arrived at this length by treating his most recent prior 3 playoff game suspension as the equivalent of 6 regular season games, as [George] Parros did, doubling that based on all relevant circumstances to 12 games–which certainly constitutes more severe punishment consistent with the CBA–and adding 2 games, as Parros did, based on the injury to Sundqvist.
Wilson will now have the eyes of the DoPS on him every time he steps on the ice, given the incredible frequency he’s served suspensions over the last few seasons. Every physical confrontation will put him at risk, as even slight contact with the head could result in a lengthy suspension. That’s a tough spot to be in for a player who relies so heavily on his physical play to contribute on the ice, meaning he may have to adjust his play style to continue his effectiveness. Unfortunately, that physical play has been Wilson’s calling card for his entire hockey career. It earned him a first-round selection in 2012 despite his pedestrian point totals in junior, and it delivered a six-year $31MM contract this summer when he became a restricted free agent.
This reduction is obviously a good outcome for Wilson, but the Capitals surely would have liked it to come a bit sooner. The team is struggling to repeat on their excellent 2017-18 season and now find themselves sitting near the bottom of the Metropolitan Division standings. That may not last for long, but after losing their last two games they now sit at just 7-6-3 on the season. They’ll hope a return of one of the 2018 playoff heroes will put them back on a path for the playoffs.
Chicago Blackhawks Fire Joel Quenneville
In a shocking turn of events, the Chicago Blackhawks have fired head coach Joel Quenneville just a month into the season. Quenneville had been the bench boss in Chicago since October 16th, 2008, and had won more than 500 games with the club including three Stanley Cups. The team has also fired assistant coaches Kevin Dineen and Ulf Samuelsson. Jeremy Colliton, who had been coaching with the AHL’s Rockford IceHogs, has been promoted to NHL head coach alongside Barry Smith who will make the jump to NHL assistant.
Quenneville, 60, is one of a handful of coaches who could be considered the greatest—or at least most successful—in the history of the NHL. His 890 regular season wins trail only the legendary Scotty Bowman, while his .609 winning percentage is third among coaches with over 1,000 games behind the bench. Even his three championships, won in 2010, 2013 and 2015 are the benchmark for coaches in the salary cap era. Since becoming a head coach during the 1996-97 season, his teams have reached the playoffs 18 times, missing just twice including last season.
The struggles of the Blackhawks in recent years to return to the Stanley Cup Finals has forced several issues between Quenneville and the front office into the spotlight, including the firing of assistant coach Mike Kitchen in late April of 2017. After being swept out of the first round of the playoffs, GM Stan Bowman surprised Quenneville by firing Kitchen suddenly. The two had worked together for years, and Quenneville was “upset” at the decision. Even before that, Bowman and Quenneville had clashed about the appearance of Smith, then director of player personnel, at team practices. Smith has now been chosen to fill in on the bench with Colliton as an assistant.
The outgoing Quenneville still has another season on his current contract that will pay him $6MM, but shouldn’t be out of work long if the Blackhawks allow him to pursue other opportunities. Teams that have been internally assessing their own coaching staffs have even more reason to make a move now, and would likely only have to pay out a portion of the remaining deal. Chicago could technically block him from working somewhere else, but would save money by allowing another team to pay some of his contract. There are no longer any compensatory draft picks for situations like this.
Colliton, 33, will become the youngest head coach in the league after taking over from Quenneville. Originally selected in the second round by the New York Islanders, Colliton played 57 NHL games before heading over to Sweden to try and continue his career. While dealing with post-concussion symptoms he announced his retirement only to join the Mora IK coaching staff. He coached the IceHogs to a 40-28-8 record last season (his first) in the AHL, and took them all the way to the third round of the Calder Cup playoffs.
Still, for all the acclaim Colliton has received as a young coach, he has a lot of work to do. Duncan Keith, Corey Crawford, Cam Ward and Chris Kunitz are all older than the incoming coach, and Brent Seabrook is a former teammate of his from the World Junior Championship. While that doesn’t mean he can’t control or command them, it does point to at least one of the reasons why the roster has struggled recently. The Blackhawks are 6-6-3 this season but have lost five straight games, and have a huge amount of their cap tied up in their aging core. Seabrook and Keith, once the faces of a dynamic defensive unit, are both shadows of their former selves and still signed through at least the 2022-23 season. Captain Jonathan Toews has had a nice bounce back season so far, but is now on the wrong side of 30 with another four years at $10.5MM on his deal.
There is talent and youth on the roster, but it will be a tough ask for Colliton—like it was for Quenneville—to turn this group into a playoff team right away. Perhaps more changes are on their way for the Blackhawks, including potential transactions to rid themselves of some of the heftier contracts. The team is headed in a new, fresh direction, and would likely want a more flexible balance sheet to work with going forward.
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Los Angeles Kings Fire Coach John Stevens
The Los Angeles Kings announced that general manager Rob Blake has relieved coach John Stevens of his duties. The Kings have made Willie Desjardins as the interim coach for the rest of the season.
“This is a critical time in our season and our results to date have fallen well below our expectations. With that in mind, this was a difficult decision but one we feel was necessary,” said Blake. “We have a great deal of respect and appreciation for John’s time with our organization. He was a key part of our past success, and we have tremendous gratitude for his many contributions.”
Despite picking up a 4-1 victory Saturday over the Columbus Blue Jackets, the victory didn’t do anything to allow Stevens to keep his job as the team remained 4-8-1 in the team’s first 13 games, giving them the worst record in league with the Florida Panthers the only other team that has nine points (although they have played two less games). Stevens, in just his second year as head coach of the team, took the team to the playoffs last year as the fourth-seed in the Pacific Division, but were swept in the first-round of the playoffs as the Vegas Golden Knights exposed their lack of speed.
Los Angeles responded by adding 35-year-old Ilya Kovalchuk through free agency this offseason and was expected to make a renewed run for a Stanley Cup title with the likes 30-somethings Jonathan Quick, Drew Doughty (he’s actually just 28), Anze Kopitar, Jeff Carter, Dustin Brown, Trevor Lewis, Nate Thompson, Dion Phaneuf and Alec Martinez. The team was expecting some of their young players to step up, but players such as Tyler Toffoli and Tanner Pearson have struggled under Stevens’ tenure and haven’t developed into the goal scorers that everyone had hoped for. The team also has been without Quick, their star goaltender, for much of the season and there is no word on how much time he might miss with his most recent injury. Throw in the lack of development of some of their prospects and the team was heading down the wrong path with many of their veterans under contract for three of four more years.
Desjardins, who has 20+ years of coaching experience, has been acting as Team Canada’s men’ head coach, including leading the team in the 2018 Olympic Games in Pyeongchang, Korea. He served as head coach of the Vancouver Canucks for three seasons between 2014 and 2017, compiling a disappointing 109-110-27 record. He also led Team Canada to gold at the Spengler Cup in December of 2017. Desjardins also served eight years as head coach in the WHL with the Medicine Hat Tigers where he won two championships in eight seasons there.
The team also released fired assistant coach Don Nachbaur from his duties, who served as the team’s assistant since last season. The team has brought in current German National Team coach and former Kings player Marco Sturm. The team did retain assistant coach Dave Lowry.
One has to wonder what Stevens chances will be to get another head coaching position. He served as head coach of the Philadelphia Flyers between 2006 through 2009, reaching the Eastern Conference finals once and a second playoff appearance. He has a combined record of 171-148-43.
Helene Elliott was the first to report the coaching change.
Nashville Predators Sign Pekka Rinne To Two-Year Extension
The Nashville Predators announced they have signed Vezina Trophy winning goaltender Pekka Rinne to a two-year, $10MM contract extension (35+ contract). He will receive $6MM for the 2019-20 season and then $4MM for the 2020-21 season. Rinne is the team’s all-time leader in wins (315) and shutouts (52).
“Pekka Rinne has been the most impactful player our franchise has ever had, both on the ice as one of the NHL’s best goaltenders, and off the ice as a leader in the community,” Predators general manager David Poile said. “Both the organization and Pekka want him to play his entire career with the Predators, and this helps accomplish that objective, while also stabilizing our goaltending for at least the next two seasons beyond 2018-19. We feel the tandem of Pekka and Juuse Saros is among the best in the League.”
Rinne had the best season of his career in 2017-18, winning his first Vezina Trophy award, given to the league’s best goaltender. The then 35-year-old posted 42 wins, a 2.31 GAA and a .927 save percentage. Currently, despite missing some time with an injury, Rinne is still putting up solid numbers as he has a 1.91 GAA and a .944 save percentage in six appearances. Rinne is finishing up a seven-year, $49MM deal at $7MM per year. The new contract will see his AAV decline to $5MM per season. The Athletic’s Adam Vingan reports that Rinne will continue to have a no-trade clause and a modified no-movement clause on his deal with the same restrictions that he had on his previous deal, including a 10-team trade list.
The two-year deal makes sense for the Predators, although it had been looking more and more that the team has a future goaltender in Saros who is likely ready to take the reigns as starting goaltender now. Saros recently filled in as starter when Rinne went down and has six wins, a 2.50 GAA and a .917 save percentage in eight appearances. However, with both under contract for two more years after this one, the team should have one of the best goaltending tandems in the league. The most impressive part is that they will have both goaltenders at a combined $6.5MM for the next two seasons, a significant bargain, considering the kind of money that many goaltenders have been getting recently.
The extension also takes away some of the intrigue of the 2019 goaltending free agent market which would have starred Rinne, Sergei Bobrovsky and Semyon Varlamov, among others. Rinne gets a double bonus today as he gets his extension on his birthday as the goaltender turned 36 today. Coincidentally, Rinne also signed his last seven-year deal with Nashville on his birthday seven years ago today.
Yanni Gourde Signs Six-Year Extension With Tampa Bay Lightning
The Tampa Bay Lightning have done it again, signing one of their core players to a long-term extension to keep the group together. Yanni Gourde has inked a six-year extension that comes with a $5.166MM average annual value. Gourde was scheduled to become an unrestricted free agent at the end of the season. New Tampa Bay GM Julien BriseBois explained why they wanted to keep Gourde in the fold:
We are very pleased to have Yanni as a part of the Lightning organization for the foreseeable future. Yanni personifies our team’s identity with his speed and relentlessness on the ice and his strong character off of it. He is proof of how far hard work and dedication can take you, and we look forward to him continuing his career in Tampa Bay.
The Lightning have continued to reward their core talents with long-term contracts, signing players like Steven Stamkos, Victor Hedman, Nikita Kucherov, Alex Killorn, Tyler Johnson, J.T. Miller, Ryan McDonagh, Ondrej Palat and now Gourde to deals at least five years in length. Nearly all of them though have come at a price that were considered discounted at the time, and Gourde is no different. Though he doesn’t have a long history of success, a 64-point rookie campaign a year ago has led to him scoring 12 points in 12 games this season. The Lightning obviously believe the $31MM deal is worth it, especially given the fact that it includes a full no-trade clause for the first few seasons. The full breakdown is as follows:
- 2019-20: $6.3MM salary, full no-trade clause
- 2020-21: $4.1MM salary, full no-trade clause
- 2021-22: $6.3MM salary, full no-trade clause
- 2022-23: $4.1MM salary, partial no-trade clause
- 2023-24: $5.1MM salary, partial no-trade clause
- 2024-25: $5.1MM salary, partial no-trade clause
That may seem like a lot of cash for a player who has just 116 regular season games under his belt, but considering the fact that it buys out entirely unrestricted free agent seasons it may be a substantial bargain. Restricted free agents like Alex Tuch and Tom Wilson just received similar deals, and even though both represent much different playing styles than the 5’9″ Gourde, neither have the kind of offensive upside he’s demonstrated so far.
It doesn’t come without some risk though. Gourde will turn 27 in the first year of the extension, and despite the unstoppable work ethic he showed as he went from undrafted junior star to core NHL piece, he now will have more pressure to perform than he’s ever faced before. This contract comes with big expectations for him, and even a slight step backwards over the next few years could make it a very troublesome cap hit. The Lightning now have more than $50MM tied up through the 2022-23 season, an incredible amount even if the salary cap continues to increase. They also have some more, perhaps even more lucrative deals to sign in the next few months.
Brayden Point is up for extension after this season, while Mikhail Sergachev and Andrei Vasilevskiy are up the summer following. All three players are still young and restricted free agents, but if the team wants to work out long-term deals they’ll need to be very careful with how they work out their finances. The Lightning believe this group can compete for several Stanley Cups—and why not, given their performance so far—but could find themselves quickly in cap trouble if any start to decline.
Even so, they have plenty of contracts they could get out from under if necessary. Ryan Callahan‘s $5.8MM cap hit will come off the books before Vasilevskiy and Sergachev cash in, while Johnson or Killorn could be moved if willing to waive their trade clauses. Gourde’s deal too could be moved if he doesn’t continue his performance, especially since it drops to only a partial trade clause after the first three seasons. In all, this move is just another by one of the strongest front offices in the league to push their team closer towards a Stanley Cup, and keep their window of contention wide open.
Pierre LeBrun of The Athletic broke down the details of the contract.
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Nate Schmidt Signs Six-Year Extension With Vegas Golden Knights
Now we know why Nate Schmidt had returned early from Europe. The Vegas Golden Knights announced late last night that Schmidt has signed a six-year extension with the team, a deal which carries an average annual value of $5.95MM through the 2024-25 season. Schmidt was scheduled to become an unrestricted free agent in the summer, but has spoken about his love for the Golden Knights in the past. The deal also includes a 10-team no-trade clause, and is front loaded:
- 2019-20: $6.8MM salary + $2.0MM signing bonus
- 2020-21: $6.1MM salary
- 2021-22: $6.0MM salary
- 2022-23: $5.0MM salary
- 2023-24: $4.95MM salary
- 2024-25: $4.85MM salary
Schmidt, 27, is still dealing with a 20-game suspension for a positive banned substance test in the offseason, and will not be eligible to return to game action for the Golden Knights until November 18th against the Edmonton Oilers. Though the defenseman vehemently denies taking any sort of performance enhancing drug, he’s serving his suspension and had been practicing in Austria with a professional team. Staying game-ready is important at this point, as the Golden Knights will likely put a ton on Schmidt’s plate as soon as he’s eligible to return.
After being picked from the Washington Capitals in the expansion draft, Schmidt immediately saw a huge increase in responsibility and turned in a career-best performance in 2017-18. Logging more than 22 minutes a night in the regular season, the smooth-skating defenseman recorded 36 points in 76 games and then was pushed even further in the playoffs to help Vegas climb all the way to the Stanley Cup Finals. One of the most important players on the team, his absence has been felt in the early going of this season.
The Golden Knights are off to a shaky start in 2018-19, posting a 4-4-1 record through their first nine games including a loss last night to the Vancouver Canucks in overtime. For the team that shocked the hockey world on a nightly basis a year ago, things haven’t gone quite as smoothly in their sophomore effort. Getting Schmidt back will certainly help that, and locking him up going forward allows them to build around him in the coming years.
Those years though don’t come without substantial risk. While Schmidt has been good for the team so far, he still does have just 276 NHL games under his belt and will turn 28 before the extension kicks in. An undrafted free agent from the University of Minnesota, he’ll need to provide even more offense for the Golden Knights to really warrant a deal of this magnitude. Schmidt would have been highly sought after on the unrestricted market, but the direct comparables to this deal don’t paint a very pretty picture. Jeff Petry, Andrew MacDonald, Marc Staal, Jonathan Ericsson and Andrej Sekera are the five closest contracts according to CapFriendly, a group that inspires very little confidence at this point. Still, the Golden Knights believe they have a player who can be a key contributor for them as they attempt to get back to the Stanley Cup right away.
The attempt to compete right away was likely caused by the unprecedented success Vegas experienced last season as an expansion team, but also could be misguided at this point in team history. While last season was an outstanding performance from all involved, signing contracts like this has quickly taken away any long-term advantage the Golden Knights had with their empty balance sheet. The team at one point had oodles of cap space available to use as leverage in trade talks, taking on bad contracts in order to beef up their prospect cupboards, but have used up almost all of it on their key contributors from last season and a few new faces.
Jon Marchessault, Alex Tuch, Max Pacioretty, Paul Stastny, Shea Theodore, Colin Miller, Brayden McNabb, Marc-Andre Fleury and now Schmidt have all signed contracts or extensions of at least three years in length, and now make up the do-or-die core of the team. That group of nine players will be owed nearly $48MM next season and beyond, while the team also has a long-term commitment still with Reilly Smith and will likely sign one with William Karlsson before long. There’s obviously nothing wrong with building around a group like that, but the Golden Knights no longer have that unprecedented advantage of having an empty salary structure.
Still, that’s obviously a decision they’re willing to make to sign players like Schmidt long-term. The team has built a strong fan base in Vegas and around the league, and have ensured that they’ll be at least competitive with this group for years to come. Whether it’s good enough to really contend for the Stanley Cup down the line is yet to be seen, but it’ll at least be a fun ride while we find out.
Pierre LeBrun of The Athletic reported the contract breakdown.
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Vegas Golden Knights Sign Alex Tuch To Seven-Year Extension
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.
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