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Snapshots: Kadri, Jalonen, Hockeyville

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The Colorado Avalanche had Nazem Kadri back on the ice today, doing some light stickhandling and shooting following his thumb surgery earlier in the playoffs. The pending free agent center has been out since game three against the Edmonton Oilers and is now listed as day-to-day by head coach Jared Bednar.

Kristen Shilton of ESPN also relays that Andre Burakovsky had not yet arrived in Tampa Bay when the team took the ice, and though he hasn’t been officially ruled out, it “doesn’t look great” at this point.

  • The Florida Panthers are considering Jukka Jalonen in their coaching search, according to Frank Seravalli of Daily Faceoff. The Finnish national team coach was also mentioned as a possible NHL candidate earlier this month by Pierre LeBrun of The Athletic. Jalonen has won at basically every level in Finland including Olympic, World Championship, and World Junior gold medals.
  • The Montreal Canadiens and Ottawa Senators will head east for some preseason games this year, as the NHLPA announced matches in Gander, Newfoundland, and Bouctouche, New Brunswick as part of the Kraft Hockeyville campaign. The fundraiser also presents each community with $250K in arena upgrades and $10K in youth hockey equipment. The games will take place on October 6 and 8 respectively.

NHL Officially Announces Salary Cap, Salary Floor For 2022-23 Season

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Two effectively retired players have been traded so far this offseason, and the reason for those deals has been simple: the salary cap. While the importance of effectively managing the salary cap is ever increasing, the cap itself is not. The NHL and NHLPA officially announced today that the league’s payroll upper limit (salary cap) for next season would be $82.5MM. The league also announced that the lower limit, or salary floor, would be set at $61MM.

The announcement confirms what many believed, that the salary cap would rise only $1MM from this past season’s number, a small increase due to the financial implications of the COVID-19 pandemic on the league. Because the NHL and NHLPA have collectively bargained a 50-50 split in terms of the league’s hockey-related revenue, a portion of player salaries are held in escrow and potentially surrendered to the league in order to ensure the integrity of the 50-50 split. The NHL lost a significant amount of money during the pandemic, in large part due to the fact that they needed to play games in arenas without fans or with significantly reduced capacity crowds. While the NHL’s clubs lost significant sums due to that lost revenue, the players’ salaries were unchanged, meaning the players have a “debt” that they owe to the league in order to ensure a proper 50-50 split, and that “debt” is paid through the escrow system. So, until the players fully “pay off” the “debt” that they owe as a result of the pandemic, the cap will rise only a minimal amount as we see for next season.

For some teams, this “flat-cap” reality has created significant problems. Many teams gave out significant, long-term contracts likely with the idea that those contracts would age better as the salary cap rose. That hasn’t happened yet, though, which is part of why we’ve seen such increased attention to how teams manage the salary cap. For other teams, the salary cap staying flat is largely irrelevant to their own payroll management. Teams like the Buffalo Sabres are actually below the cap floor, meaning their main concern is adding enough salary to stay above the league’s minimum team payroll. The Sabres and other teams now have certainty on the league’s cap floor, and it’s possible that we see more trades like the recent Ben Bishop deal as rebuilding clubs look to reach the cap floor with as much efficiency and as little real cash paid as possible.

Injury Notes: Price, Point, Kuemper

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After playing only five games this season, Carey Price is preparing to get back on the ice with the Montreal Canadiens, as he said today. However, his status is still unknown. The 34-year-old had a Platelet-Rich Plasma injection in his knee and is waiting for it to take hold before he gets back to training and preparing. The netminder said that “I wish I felt better about the situation, but I don’t.”

Price had knee surgery in the 2021 offseason and the injury got reaggravated this season after he returned from personal leave to participate in the NHLPA Player Assistance program. In April, he had a meeting with his surgeon in Manhattan and is now under treatment. Being without their number one goaltender for the next season is a reason for concern for the Montreal Canadiens. If he doesn’t recover in time, they will have to make a plan and go after a goaltender this offseason with Price on LTIR.

  • Tampa Bay fans can celebrate, albeit hesitantly. Forward Brayden Point was doing drills in practice for the first time since his injury in Game 7 in Toronto, per TVA’s Renaud Lavoie. He participated for 55 minutes, doing drills with the taxi squad. While this is not an indicator that he could be back for Game 3, it’s still good news for the team. It can be a needed boost for the current Stanley Cup champions in the series against the Rangers if he’s able to get back.
  • Colorado Hockey Now’s Adrian Dater reports that Darcy Kuemper’s injury doesn’t seem too serious, but that backup netminder Pavel Francouz will likely start Game 3 in any event. Francouz is coming off a 24-save shutout in Game 2 that sparked the Avs to a 2-0 series lead.

2022 Ted Lindsay Award Finalists Announced

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This week, the NHL has started to release the finalists for all the major regular season awards. After the Hart Trophy came out yesterday, the Ted Lindsay Award, given to “the most outstanding player in the NHL” as voted on by members of the NHLPA, is up.

The finalists this year are Roman Josi of the Nashville Predators, Auston Matthews of the Toronto Maple Leafs, and Connor McDavid of the Edmonton Oilers.

While the Lindsay very often mirrors the Hart, the notable difference is that the finalists are peer-selected. McDavid has already won the trophy three times, even taking it home in 2018 when he somehow finished fifth in Hart voting, despite leading the league in scoring. There’s no doubting his place among his fellow players, widely considered the best player in the world at the moment. After setting new career highs with 44 goals and 123 points, there’s certainly reason to believe they’ve put him on top of the mountain once again.

Matthews has more than a fighting chance though, after becoming just the third player in the salary cap era to score 60 goals in a single season. The Maple Leafs forward is the no-doubt best at putting the puck in the back of the net, and reached a new high with 106 points in just 73 games. Perhaps the front-runner for the Hart this season, it will be interesting to see if the players feel the same about the Toronto sniper.

Josi, meanwhile, is the only one of the three that didn’t end as a finalist for the Hart, as Igor Shesterkin took the third spot yesterday. It shows just how outstanding his season was and how much respect his peers have for the historic 96-point campaign he put together. That’s more than just a good year–it puts Josi among a list of the best offensive defensemen to ever play the game. Whether that was enough to draw the votes to pass the two big centers won’t be revealed until later on but it is still an impressive feat to get named a finalist in a year with so many incredible offensive performances.

NHLPA Begins Search For New Executive Director

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While the seasons of many NHL clubs end tonight, the work for the NHLPA is just beginning. The Players’ Association has announced that their Executive Board has voted to form a search committee to begin the process of finding a new executive director of their union. The union released a statement to go along with their announcement:

The many players who have played in the NHL over the last eleven years greatly appreciate the significant accomplishments under the leadership of Don Fehr.  Don joined the NHLPA after a long and successful career as Executive Director of the MLBPA and quickly stabilized the union following a very difficult period.  He led the NHLPA through the owners’ 2012-13 lockout and negotiated a new CBA that created a defined benefit pension plan which will greatly benefit players for generations to come. Don played an important role in reviving the World Cup of Hockey in 2016. After Covid-19 forced the suspension of the 2019-20 season, Don led the bargaining that resulted in an extension of the CBA in July 2020 and allowed for the 2020 Stanley Cup Playoffs to be played. We look forward to continuing to work with Don as we go through the succession process.

While this news comes at an unexpected time, it is not entirely out of the blue. Fehr’s future was already under scrutiny, with Frank Seravalli of Daily Faceoff previously reporting that there was a level of discontentment regarding Fehr’s leadership that could necessitate a change. The timeline of this move is a bit shocking, though, as many believed the process would be left for the summer, including TSN’s Pierre LeBrun.

But as is made obvious by this announcement, the NHLPA decided now was the time to make a change. While Fehr’s role may not put him into the attention of most NHL fans, his job is one of major importance. As the leader of the NHLPA, he is the highest-level executive who represents the players as a whole, and he leads their charge in any contentious labor negotiations with the league. There will undoubtedly be many who will vie for this coveted position, and who the players choose could signal the direction they go in their future negotiations with the league. The NHL has been lucky to avoid a lockout similar to the one Major League Baseball faced this winter, so perhaps one major priority for the players will be finding a candidate who can maintain labor peace, but of course, only time will tell.

Snapshots: Player Poll, OHL Awards, Price

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The NHLPA released the results of their annual Player Poll, which takes the temperature of players around the league on a variety of topics. More than 42 percent of the league, for instance, would pick Connor McDavid if they had to win one game and needed to choose a single skater. McDavid lags well behind Sidney Crosby in terms of the “most complete player” according to the players, as nearly 30 percent of them voted for the Pittsburgh Penguins captain in that category.

While some of those answers may not surprise, the poll also includes things like which NHL arena has the best ice, which player has the best “hockey hair,” and which non-NHL athlete they would like to trade places with. It’s a fun exercise that certainly can cause some heated debate among fans.

  • Meanwhile, the OHL released the results of their own polling, this time for the league’s award finalists. Wyatt Johnston and Brandon Coe are the finalists for the Red Tilson Trophy, given to the Most Outstanding Player. Johnston, a first-round pick by the Dallas Stars in 2021, scored 124 points in 68 games for the Windsor Spitfires, while Coe, a fourth-round pick of the San Jose Sharks, had 101 in 62. Cam Allen and David Goyette are the Rookie of the Year finalists, though the former won’t even be eligible for the NHL draft until 2023. Goyette, 18, was ranked 35th among North American skaters by NHL Central Scouting.
  • After it came to light yesterday that Carey Price would consult with his surgeon about his knee, many eyebrows raised around the hockey world. The veteran goaltender only just made his return to the ice recently, playing in four games for the Montreal Canadiens. While he’s only listed as day-to-day, Price’s visit should raise some concern, according to Eric Engels of Sportsnet, who questions the future of the netminder in the NHL should he be facing another long rehab. Price is signed through the 2025-26 season and carries a cap hit of $10.5MM.

Snapshots: Forsberg, NHLPA, PWHPA

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This evening on Hockey Night in Canada’s 32 Thoughts segment, Sportsnet’s Elliotte Friedman discussed an update on Filip Forsberg’s contract extension talks, noting that Forsberg’s agent, J.P. Barry and Nashville Predators’ GM David Poille recently met face-to-face for the first time in a while. Friedman says that while it is difficult to gauge any progress on the talks, as nothing was made public from these discussions, the development is significant and represents the two sides continuing to talk.

Forsberg is an impending UFA, who the Predators chose not to trade at this year’s trade deadline, despite not having an extension in place with the forward. Part of the reason to hang onto Forsberg would be for Nashville to use him themselves in another playoff run, but also perhaps their confidence that they could get a deal done with Forsberg before he hits free agency. One advantage Nashville will have over other teams, besides an extended negotiating period and familiarity, is the ability to give Forsberg an eight-year contract as opposed to seven, something he will almost assuredly get.

  • Also from Friedman is that a succession plan for NHLPA Director Donald Fehr could be in place by this summer, though Friedman adds he is not entirely sure what that will look like. Fehr has served in this role since 2010, after a storied career with the MLBPA, however his position has come under fire recently, especially with the release of the results of an independent investigation into the NHLPA and Fehr’s handling of the accusations against the Chicago Blackhawks and Brad Aldrich. The 73-year-old Fehr had already been rumored to be nearing retirement, so to see a succession plan being rumored now is not surprising, even with the investigation news.
  • With the PWHPA planning to go their own way in forming a league without the PHF, Sportsnet’s Jeff Marek shares some details of what the new league will look like. First and foremost, Marek says that the league will have a new name, though what that will be is not yet known. The league’s first season will take place from January through April of 2023 and consists of 32 games per team, including six teams spread between the US and Canada. Each team is expected to have 23 players, with the minimum salary being $35K and the average salary being $55K, as well as benefits for all players. Without too many more pertinent details, it’s hard to forecast what this league and season will truly look like and what fans can expect, however having these basic plans in place is a promising step forward after talks between the PWHPA and PHF have not progressed to anything of note thus far.

Snapshots: Meyers, Penguins, Fehr

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College free agent center Ben Meyers is expected to begin interviewing with NHL teams on Sunday, reports Michael Russo of The Athletic (subscription link).  The 23-year-old is widely viewed as the top player in this year’s NCAA free agent class and to that end, Russo notes more than two dozen teams are interested in signing Meyers with his hometown team in Minnesota certainly among them.  Meyers, who was a finalist for the Hobey Baker Award, had 17 goals and 24 assists in 34 games for the Golden Gophers this season plus four points in four contests in the Olympics.  He’s expected to sign a two-year, entry-level deal that will begin this season although he will not be eligible to play in the playoffs if he signs with a team that’s heading for the postseason.

Elsewhere around the hockey world:

  • The Penguins may opt to keep their better prospects in the minors instead of using them to replace injured players over the final few weeks of the season, suggests Matt Vensel of the Pittsburgh Post-Gazette. Wilkes-Barre/Scranton of the AHL finds themselves in a close battle for a playoff spot (or play-in position, potentially) and the developmental value of having those prospects in a close race could be more beneficial than sprinkling them into the NHL lineup on a Pittsburgh team that is comfortably in a playoff spot and is simply playing for positioning.
  • Daily Faceoff’s Frank Seravalli examines the future of NHLPA Executive Director Donald Fehr. He has officially been at the head of the association since December of 2010 and isn’t on a fixed-term contract; the post is his until he chooses to leave or is asked to.  Fehr himself indicated that a plan to transition to his successor “won’t be soon” but Seravalli suggests there is a level of discontentment that could necessitate a change before Fehr wants to step aside.

Latest On Salary Cap Projections

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It’s been a foolish game to try and project future revenues over the last few years, with COVID-19 creating so much unpredictability from day to day. In the summer of 2021, it seemed clear that because of the loss of huge amounts of gate revenue, broadcast commitments, and other sources of income for the NHL, the salary cap would be relatively flat through the 2025-26 season. Frank Seravalli and Daily Faceoff worked out the escrow debt that was holding back any cap increases and projected it would take several seasons to pay off.

Then, in December, NHL commissioner Gary Bettman was very bullish on the way the league revenues had rebounded and suggested that the escrow debt could be paid off a year earlier. Unfortunately, in the days that followed that announcement, a huge number of games started being postponed, Canadian teams started playing in empty rinks, and once again those projections were put in jeopardy.

Now, as things have at least stabilized for the time being, it appears as though the league is still on track for an increase in 2025-26. NHLPA director Donald Fehr told Elliotte Friedman of Sportsnet that it is a “reasonable bet” that the escrow debt will be paid off by the end of the 2024-25 season. If they do, it would almost certainly trigger a significant cap jump.

When Seravalli first projected out the cap numbers for the next few years, that jump was just under $6MM, to a total of $91.4MM. Remember though, that was for the 2026-27 season, meaning if the escrow is paid off a year earlier, it will come in a little under that number.

For now, the league is still limited to $1MM increases. Next season will have a cap ceiling of $82.5MM, 2023-24 is expected to be $83.5MM, and 2024-25 will have an $84.5MM. But as the entire world has learned since early 2020–don’t take projections as gospel.

NHL GM Meetings Roundup: Salary Cap, LTIR, No Trade Clause, Russian Draft Picks, Officiating, Revenue

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With the conclusion of this year’s NHL GM Meetings, NHL Commissioner Gary Bettman and Deputy Commissioner Bill Daly gathered for media availability earlier today to discuss the meetings, including their thoughts on certain hot topics, potential changes to rules, and the overall state of the game.

One change reported earlier was that the salary cap is expected to increase by $1MM next year to $82.5MM. Although the salary cap is expected to remain flat through 2024-25, Bettman clarified that a $1MM increase on the cap is still in-line with a flat cap. Albeit a small change, the extra space could stand to benefit some teams who are already dangerously close to the cap ceiling and project to be in the same position next year. Bettman did add that after 2024-25, he expects that the cap would increase more substantially.

  • On the much-discussed LTIR situation in the NHL, Bettman and Daly did not express much concern, a relay of the feelings of the 32 teams. Bettman did acknowledge the situation, but said that it was “not going to be addressed as a front-burner issue anytime soon.” In regards to teams who have players return right at the start of playoffs, a seemingly convenient occurrence, Daly clarified the NHL’s process of handling these issues, noting that the league, when a player is placed into LTIR, requests the projected date of return, and if that date is around the start of the playoffs, they do look deeper into it and may even use an independent medical expert to verify the proposed timetable.
  • Touching on no-trade and no-movement clauses in light of the Evgenii Dadonov non-trade, Daly said that the league has already had discussions with the NHLPA about the possibility of having a rule requiring all such clauses to be filed with both the NHL Central Registry and the NHLPA. Ultimately, a new software that the two sides could share to store and access the clauses, appeared to be an idea on the table for the league. To get the process started, Daly added that a draft letter agreement had been written and the league was planning on sharing that with the NHLPA today in hopes of jumpstarting negotiations.
  • When asked about any possible restrictions on Russian players in the upcoming NHL Entry Draft, Daly did not anticipate any restrictions, but did qualify that the state of the world could be much different at that time.
  • On the topic of officiating, Bettman explained that he thought the officiating meeting went well, with the topic of the meeting being merely an update, and that it was otherwise uneventful. Bettman also appeared surprised that anyone thought the meeting could be construed as contentious and did not share those beliefs when asked.
  • One last topic that many hockey fans may gloss over, is revenue. Bettman mentioned that the league expects revenue to once again hit the $5B mark this year, notwithstanding the attendance restrictions and movement of games in the Canadian markets in late 2021 and early 2022.

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