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NHL Teams Facing Decreased Daily Cap Expenses In 2021-22

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While the general sentiment surrounding the NHL’s return to the Olympics at the 2022 Winter Games is excitement, it isn’t without its downsides. The momentum of the regular season will be halted, participating players will face injury and COVID-19 risks, and non-participating players growing cold over the 19-day break. One additional issue is the extended timeline for the regular season and the impact it has on salary cap expenditures. As noted by cap resource PuckPedia, the length of the 2021-22 regular season is expected to be 200 days whereas the typical season is about 186 days. Those extra 14 or so days decrease the value of daily cap hits, making it more difficult for teams to accrue cap space over the course of the regular season. In yet another flat cap year, this could pose problems for some teams close to the cap ceiling.

While the salary cap and individuals salaries are often viewed in a season-long, overarching fashion, cap maintenance is in fact a series of daily calculations. The cap is tolled each day by the salaries on the active roster as a value of each cap number divided by the total days in the season. As a result, in a longer season each daily cap expense is worth less than in a normal year. Where this comes into play is with cap-driven demotions. Each year there are a number of teams who are close to the cap limit that open up additional space by removing salary from the active roster in the form of reassigning players who are exempt from waivers or have otherwise cleared waivers to the AHL. These can just be off-day paper transactions, extended demotions during homestands, or sometimes waiving and burying larger salaries in the minors. However, during a longer season these maneuvers are less effective as the daily gain from demoting a player will be lower.

Daily salary cap calculations only matter to those teams with salary cap space, so the nine teams currently expected to begin the season using Long-Term Injured Reserve are not as worried about this predicament. Daily tolling also impacts teams with ample cap space far less and there are currently a dozen teams who sit $7MM or more below the cap ceiling with at least nine or ten expected to stay in that range. However, for the Maple Leafs, Flames, Penguins, Flyers, Capitals, Bruins, Panthers, Blues, Avalanche, Kings, Canucks, and Wild, this lesser daily cap expenditure is not irrelevant. A team like Toronto, which is in fact currently over the salary cap limit with a projected roster than includes only one waiver-exempt player in defenseman Rasmus Sandin, will have possibly their only source of additional cap relief diminished. The Pittsburgh Penguins, who currently have just $122K in cap space with a projected roster than contains only the minimum contract of Radim Zohorna as waiver-exempt, are in the same boat.

Fortunately, PuckPedia points out that the same source of cap distress could also provide relief. During the Olympic break, teams with the ability to safely demote players will almost certainly do so. Those 19 days not counting against the cap will help to offset the reduced daily hit over the rest of the season. It could also allow those players to stay fresh with AHL action during that time.

Bruins Notes: Rask, Clifton, Bychkov

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The NHL is officially going to the Olympics. So what does that mean for the NHL’s top unsigned free agent? Tuukka Rask has made it clear that he will only play for the Boston Bruins (and his teammates expect just that later this season), but the star goalie has said nothing about the 2022 Winter Olympic Games. The Olympic break will take place from February 3-22 and Rask must sign with Boston by the trade deadline, expected to be March 21, in order to be eligible for the postseason. Will he use the Winter Games as a warmup? As noted by The Athletic staff in their Olympics roster projections, if Rask wants a spot on Team Finland, it is his. For one, the team not as deep as they have been in the past, with the goaltenders projected to be Nashville’s Juuse Saros, Carolina’s Antti Raanta, and Chicago’s Kevin Lankinen. More of a factor though is that Rask’s numbers on the international stage are nothing short of stunning, with a .938 save percentage and 1.73 GAA in the 2014 Olympics and a .920 save percentage and 2.02 GAA in the 2016 World Cup. Add in his elite career NHL numbers and even at 34 and returning from injury he would be at worst the No. 2 for Finland. There is obviously some risk to Rask and the Bruins that he could re-injure himself while playing in the Olympics. However, the upside is that it will get him back into game shape without costing Boston. Once Rask is signed, there won’t be much time for him to get back up to speed unless the team opts to carry three goalies for a while. It will be interesting to see how the situation plays out and if the aging veteran is as determined to represent his country once more as he is to return to Boston for another run.

  • Better now than in-season, but Bruins defenseman Connor Clifton received the difficult news that he has tested positive for COVID-19, reports The Boston Globe’s Matt Dougherty. To make matters worse, the young blue liner is currently on his honeymoon. The Bruins have not commented on the situation and Clifton himself has not issued any follow-up. It is unclear if Clifton is vaccinated or not or if he is symptomatic at this time. The Bruins have not yet announced the start date for training camp, but with their preseason debut scheduled for September 26, it can’t be too far away. If Clifton has indeed contract the virus, he has a matter of weeks to recover and clear the NHL’s COVID Protocol or he will at least miss the start of camp. That could be critical for a player who is expected to compete for a starting role this fall.
  • Prospect defenseman Roman Bychkov has proven that he can produce at the junior level in Russia with 43 points and a +47 rating over the past three seasons in the MHL. However, his KHL club Lokomotiv Yaroslavl has yet to give him a chance in the big leagues. That will change this season. The KHL’s Amur Khabarovsk has announced that they have acquired Bychkov on loan for 2021-22. A perennial bottom dweller in the KHL, there is no reason to believe that Khabarovsk will not give the 20-year-old an opportunity to show what he can do against elite competition. The Bruins will be paying attention as well. Since he was selected in the fifth round in 2019, Bychkov has already outshined his draft slot with his play in Russia and at the World Junior Championship. Boston would like to see him take that next step as they evaluate whether to bring him over to North America.

USA Hockey Announces Olympic Coaching Staff

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Now that the NHL has officially agreed to go to the 2022 Winter Olympics, work can start on selecting the rosters. Just a few hours after news broke about NHL participation, USA Hockey has introduced the full coaching staff that will travel to Beijing. It had already been announced that Mike Sullivan of the Pittsburgh Penguins will serve as head coach; he will be joined by John Hynes, David Quinn, Todd Reirden, and Ryan Miller.

The U.S. Olympic team general manager Stan Bowman released a statement on the staff:

We’ve got a great coaching staff in place. It’s a group that knows what it takes to be successful, and through their unique and varied backgrounds will help put our team in the best position to win the gold medal.

Hynes, who is also the head coach of the Nashville Predators, will serve as an assistant and was an obvious addition. He has a long track record with the program, including being part of gold medal-winning efforts at the U18 and U20 World Juniors. Hynes was the head coach of the 2016 World Championship squad, an assistant at the 2016 World Cup, and an assistant at the 2019 World Championship. He also spent several seasons as the head coach of the National Team Development Program.

Many of the same things could be said about Quinn, who will also serve as an assistant on Sullivan’s staff. He has been an assistant several times at the World Championship and was in the NTDP at the same time as Hynes. Quinn was previously head coach of the New York Rangers for three seasons and was an extremely successful college coach.

Reirden will bring a certain level of familiarity for Sullivan, given as he serves as an assistant with the Penguins already. He actually has not made an appearance coaching internationally in the past, which makes this appointment somewhat surprising. Not many coaches get a chance to step right into the Olympics, but that’s what Reirden, a Stanley Cup-winning assistant with the Washington Capitals, will do next spring.

Even more impressive is Miller, who not only is going to the Olympics as an assistant coach for the first time, but it is his first experience as a coach at any level. The veteran goaltender only announced his retirement earlier this year after a long, successful career that included two Olympic performances as a player. He won the silver medal at the 2010 Vancouver Olympics and was named the most valuable player of the tournament.

NHL Agrees To Olympic Participation

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The NHL is going to the Olympics. The league sent out a memo to players today (via John Hoven of SiriusXM NHL) outlining their agreement with the IIHF and IOC to send NHL talent to the 2022 Olympic Winter Games in Beijing, China. There has been a break built into the schedule, allowing for players to depart North America on February 6. As Elliotte Friedman of Sportsnet reports, the league retains the right to withdraw participation if the COVID situation worsens or if their regular schedule has been disrupted by outbreaks, leaving no room to reschedule games.

The 2022 Games will be the first true best-on-best action since 2016, when the World Cup was held just prior to the start of the season. This will be the first time the NHL has participated in the Olympics since 2014, when Canada defeated Sweden for the gold medal. The tournament scoring leaders that year were Phil Kessel and Erik Karlsson, two players that would be hard-pressed to repeat that feat this time around.

Olympic participation was one of the sticking points in last summer’s CBA negotiation, though the league only agreed to work as hard as possible to find an agreement with the IIHF and did not guarantee the NHL would go. They have proven true to their word, securing insurance for the players at the cost of the IIHF. There is no COVID-related insurance, according to the memo, but the IIHF has created a $5MM fund to help cover lost NHL salaries for any athlete that contracts COVID at the event (provided they were following protocols at the time).

One note that may be of interest is the size of the rink. The Games will be played on regulation NHL-sized rinks and officiated by NHL referees and linesmen.

Snapshots: Olympics, Outdoor Game, Eichel

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Fresh off the field for next year’s Olympic tournament being set, ESPN’s Emily Kaplan reports (Twitter link) that an official decision on NHL participation is expected at some point this week.  Octagon Hockey player agent Allan Walsh adds (Twitter link) that the decision will be that the league does allow their players to participate with an announcement being imminent.

While an allowance was made in the CBA for Olympic participation, it wasn’t set in stone that NHL players would be permitted to play but rather that an attempt would be made.  Talks have gone well beyond the original window but it appears that barring a last-minute change of direction, the league will indeed shut down for the bulk of February.

Elsewhere around the hockey world:

  • The Maple Leafs and Sabres are expected to play in an outdoor game in Hamilton, Ontario in March, reports Mike Harrington of The Buffalo News. The two teams were supposed to be playing an game in Buffalo in mid–March but that contest was absent from the season ticket packages from last week.  Instead, the Sabres would be the home team in what technically would be a neutral site game but with Hamilton close to Toronto geographically, the ‘visitors’ for the Heritage Classic event would likely receive the majority of the fan support.
  • Sportsnet’s Elliotte Friedman reports in the latest 31 Thoughts podcast (audio link) that representatives from the Sabres, the NHL, the NHLPA, plus Jack Eichel and his now-former agents had a meeting around the middle of this month to try and come to an understanding on Eichel’s pending neck surgery. The team wants a more traditional fusion surgery which carries a longer recovery time and a fairly high chance of another procedure being needed down the road while Eichel prefers artificial disc replacement which hasn’t been done on an NHL player before.  There was clearly no resolution on the matter and the wait for a trade continues.

2022 Winter Olympics Tournament Field Set

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After several years of qualifying tournaments dating all the way back to November 2019 and delayed due to the COVID-19 pandemic, the final three entries into the 2022 Winter Olympics Men’s Hockey Tournament are now set with less than six months to spare. The closing tournaments took place over this past week and came to a close today with Slovakia advancing past Belarus, Austria, and Poland, Latvia overcoming France, Hungary, and Italy, and Denmark upsetting host Norway to win the group that also included Slovenia and South Korea. The results are the following groups for the 2022 Games, with the three qualifying teams joining the IIHF’s top eight ranked nations and host China (with IIHF ranks):

Group A: (1) Canada, (6) United States, (7) Germany, (32) China
Group B: (2) Russia, (5) Czech Republic, (8) Switzerland, (12) Denmark
Group C: (3) Finland, (4) Sweden, (9) Slovakia, (10) Latvia

The inclusion of Slovakia, the top non-autobid nation in the IIHF, Latvia, and Denmark is a strong result for the competitive balance of the Olympic field, which was especially needed this time around to compensate for the drag of China’s participation. It also could allow for a pair of veteran NHLers who are currently unsigned to potentially ride off into the sunset with a final performance for their country. Zdeno Chara will be expected to lead a Slovakian entry that will have a mix of experienced veterans and promising youngsters, while Frans Nielsen will likely be the leader of the Danish squad, which will have more prime participants like Nikolaj Ehlers and Oliver Bjorkstrand. Latvia will bring a young roster built from the net out with Elvis Merzlikins. Lost by the final qualifying results are Olympic appearances from NHL stars like Anze Kopitar (Slovenia) and Mats Zuccarello (Norway) or young players leading their teams such as Alexandre Texier (France) and Marco Rossi (Austria). However, this for the best with the three teams who advanced clearly appearing to be the best choice on paper.

Of course, this all assumes that the NHL permits participation in these Olympic Games. While the league released a regular season schedule that allows for an Olympic break and the IIHF has reportedly met all demands of the league and the players’ association, there still has not been an official announcement. At this point, it is expected that NHL players will participate in the 2022 Winter Olympics, but concerns remain surrounding COVID-19 and China that could reverse course. The tournament field will not change regardless of whether the NHL sends players or not, but it will certainly impact how the Olympics are viewed this winter.

Snapshots: Crosby, Morrissey, Cech

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Will Pittsburgh Penguins superstar Sidney Crosby be Captain Canada once more this year? The Athletic’s Rob Rossi believes that Hockey Canada has already tipped their hand prior to an official announcement. Rossi notes that as the organization begins to promote the upcoming 2022 Winter Olympic Games, Crosby has been participating in commercial shoots, print ad shoots, and today an actual in-person promotional appearance with the “C” on his jersey. Now, Crosby did serve as the captain in his last appearance at the Olympics with Canada in 2014, which could explain the “C”. However, it is also just as much evidence that he could serve as captain again, especially he also captained the 2015 World Championship team and 2017 World Cup team in last two international appearance. One of the best all-time, it would be no surprise if Crosby remains Canada’s captain until his playing days are over. To this point, that role is not official for the 2022 Winter Games, but all signs point in that direction.

  • Mike McIntryre of the Winnipeg Free Press writes that perhaps Jets fans should lighten up on their criticism of top defenseman Josh Morrissey. Morrissey is coming off of a disappointing 2020-21 season after signing a lucrative long-term deal last off-season, leading many to call the blue liner out for taking his foot off the pedal now that he has his money. However, that may not be the situation at all. Morrissey’s father recently passed away from brain cancer and it was revealed that Morrisey was battling with that difficult personal issue all season. While professional athletes are expected to perform regardless of off-ice/field problems, it is only human for those things to weigh on them. Morrissey is a hard-working, two-way defenseman who has been a positive player that excels in all three zones for every season up until this past campaign. There is no reason to believe that the 26-year-old won’t bounce back this year, especially with the Jets bringing in some extra support on the blue line in Nate Schmidt and Brenden Dillon.
  • Former all-world soccer goalkeeper Petr Cech is back for another run at hockey. After retiring from soccer, Cech made a highly-publicized transition to hockey in 2019-20, signing with the Guildford Phoenix of the NIHL second-tier league in England while concurrently working as an advisor to his long-time Premier League soccer club Chelsea. Cech played in six games with the Phoenix, recording two shutouts and a .934 save percentage – not bad for a 37-year-old rookie. After a year off, Cech is ready to get back in net (on the ice). The Phoenix have announced that they have signed Cech to a one-year contract as he continues to play out his lifelong dream of playing hockey, even after a historic career in soccer. Cech will remain employed by Chelsea in the meantime as well. The legend of the star Czech athlete continues to grow.

Overseas Notes: Olympics, Kuhnhackl, Slepets

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Will NHL players be headed to the 2022 Winter Olympic Games in Beijing, China this year? The league’s initial schedule release suggested as much, with a break penciled in for February 7-22, but several weeks later the NHL still has yet to confirm their participation. Fortunately, the wait for a decision will not have to last much longer. NHL Deputy Commissioner Bill Daly tells ESPN’s Greg Wyshynski that the league will announce, one way or another, their intention for the 2022 Olympics by the end of the month. Wyshynski notes that multiple teams around the league had also indicated that a decision would be made in August. While Olympic participation was written in to the recent CBA extension, it was dependent on an agreement between the NHL and NHLPA and the IIHF as to terms. This has been made more difficult with the resurgent COVID-19 cases and the Games taking place in China of all places. Conversely, the league and players’ association are also concerned about the conditions that the players may be in, with Wyshynski writing that the restrictions could be even heavier than they were in the 2020 NHL postseason bubbles. If the NHL does opt to skip the Beijing Olympics, Daly confirms that the league does have a backup schedule that would fill some of the dates in that currently scheduled gap, though the logistics of such a move could be difficult for teams to manage.

  • Tom Kuhnhackl appears to be on his way out of the NHL and back to Europe. The German forward has been linked to Swedish club Skelleftea AIK, reports local source Sport Expressen. They go so far as to say that the terms of a deal have been agreed to, just not formally announced. Such a move should not come as much of a surprise. Although Kuhnhackl enjoyed a good stretch as a reliable bottom-six forward, he was unable to crack the New York Islanders lineup last season, spending the year exclusively in the AHL or on the taxi squad. As a result, the 29-year-old now heads back to Europe to take on a starring role in the SHL rather than a depth role in North America. The move will also ensure that he can suit up for Germany at the Olympics regardless of the NHL’s decision. Kuhnhackl has been stellar on the international stage for Germany in the past and will look to do so again.
  • Carolina Hurricanes prospect Kirill Slepets is not rushing to North America despite up-and-down development in Russia. The 2019 fifth-round pick has signed a one-year, two-way contract with Spartak Moscow, the team announced. An overage draft pick, Slepets is already 22 years old and after two season with KHL action, was relegated to only second-tier VHL play last season, leading some to expect he might try out a new development path. Instead, Slepets will stay put in Russia and try his luck with locking down a regular role with Spartak . A small, slippery winger, Slepets has struggled competing against the top talent of the KHL with just eight points in 43 games at the top level, but has shown his ability in the minors with 30 points in 65 VHL games. If he is to ever become a legitimate NHL prospect, especially at his age, the Hurricanes will need to see him take a major step this season or else try his hand in North America next year.

Jon Cooper Named Head Coach Of Team Canada

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If the NHL goes to the Olympics next year, it will be Jon Cooper behind the bench as Team Canada’s head coach. Hockey Canada announced the full staff today, naming Cooper head coach along with Barry Trotz, Bruce Cassidy and Peter DeBoer serving as assistants. The Tampa Bay Lightning coach released a statement:

It is an honour to be entrusted with leading Canada’s Men’s Olympic Team next year in Beijing, and to be able to carry on the rich tradition of hockey excellence that is associated with Hockey Canada. The opportunity to work with an excellent management group and an elite-level coaching staff of Barry, Bruce and Peter is a great privilege. I have many fond memories of the Olympics, from watching games as a young kid to thrilling gold medal victories, and I look forward to helping create lasting memories for Canadians across the country while our team competes for a gold medal.

Cooper, has been a head coach of Canada just once previously, leading the 2017 World Championship team to a silver medal. He was never part of the Hockey Canada Program of Excellence, which not only helps develop players but coaches as well. In fact, back in 2008 he served as an assistant with the U.S. squad at the Hlinka-Gretzky Cup, as he was serving as the GM and head coach of the St. Louis Bandits of the NAHL at the time. Cooper’s path to the NHL is certainly not the one taken by most Canadian head coaches, but it’s hard to argue with the results. He’s won the Stanley Cup two years in a row with the Tampa Bay Lightning and holds an all-time winning percentage of .647 in the regular season.

The staff Cooper will have is incredible and has its own Stanley Cup ring to boast. Trotz won it all in 2018 with the Washington Capitals, and has twice taken home the Jack Adams Award as NHL Coach of the Year. Cassidy has his own Jack Adams, along with a .677 winning percentage since taking over the Bruins, and DeBoer has been absolutely dominant since joining the Vegas Golden Knights. All four coaches have at least made it to the Stanley Cup Final, and will now try to take Canada to Olympic gold.

It is important to note that this does not mean the league is going for certain. The hope is still that the NHL, IIHF and IOC can reach an agreement, but things are not official yet. If the NHL does not participate, the coaching staff will have to be reworked.

USA Hockey Names Mike Sullivan Head Coach For The 2022 Olympics

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In a move that has been expected for several weeks, USA Hockey has made it official, announcing that Penguins head coach Mike Sullivan will be the head coach for the USA’s entry into next year’s Winter Olympics.  This is assuming that an agreement is reached for NHL players to participate in the event.

Sullivan is no stranger to coaching at the international level as has served on the staff for multiple other national teams over the years.  In 2006, he was an assistant for their Olympic team, he was the bench boss at the 2007 Worlds, and served as an assistant in that tournament the following year as well.  There haven’t been many opportunities for him to coach internationally since then as his teams have spent a lot of time in the playoffs.

Sullivan has been behind the bench for Pittsburgh since December 12, 2015 with the Penguins winning 251 regular season games during that stretch, the third-most in the NHL.  They’ve made the playoffs in each of his six seasons behind the bench, winning two Stanley Cups along the way in 2016 and 2017.  He’ll now have a shot at adding an Olympic medal to that collection.

Meanwhile, USA Hockey also announced that Joel Johnson (who will be the head coach at next month’s World Championships) has been named head coach for the women’s entry into the Olympics while David Hoff will be heading up the sled hockey team at the Paralympics.

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