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Kings Buy Out Dion Phaneuf

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Dion Phaneuf is getting an early look at free agency.  The Kings announced that they have bought the defenseman out of the final two years of his contract.  While today was the first day that players could be placed on unconditional waivers for the purposes of a buyout, Phaneuf was not required to go through them as he had a no-move clause in his contract.  As a result, the move is made official immediately.

Phaneuf had two years remaining on his contract with a $7MM cap hit (with the Kings paying 75% and the Senators 25%).  Accordingly, the cap hit for buying him out will be as follows for each team:

Kings

2019-20: $2.1875MM
2020-21: $4.0625MM
2021-22: $1.0625MM
2022-23: $1.0625MM

Senators

2019-20: $729K
2020-21: $1.354MM
2021-22: $354K
2022-23: $354K

The deal contained $3.5MM in signing bonuses which are excluded from the standard two-thirds cost calculation as they are paid in full.  Accordingly, Phaneuf will receive over $9MM in actual money from the two teams over the next four years.

Los Angeles brought in Phaneuf in advance of the 2018 trade deadline in what amounted to a swap of bad contracts for both teams.  The Kings picked up the 34-year-old along with center Nate Thompson in exchange for winger Marian Gaborik and center Nick Shore.  Of the four players in the swap, only Gaborik remains with his team and he was on LTIR all of last season and will likely be on there once again for 2019-20 at the very least.

In his prime, Phaneuf was a quality top pairing defender who provided plenty of offense from the back end while mixing in a lot of physicality as well.  However, the point totals have dried up in recent years and the recent transition to teams playing quicker worked against him as he has never been the strongest of skaters.  Not surprisingly, 2018-19 was by far his worst season.  He scored just once in 67 games, spent time as a healthy scratch, and averaged just 15 minutes per night, a career low.

Despite that, there could be a bit of interest in Phaneuf as a free agent from teams looking to add some veteran depth to their defense corps.  While he’s now eligible to talk to teams right away, he won’t officially be able to sign somewhere until the free agent market officially opens up on July 1st.

Ottawa Senators Re-Sign Morgan Klimchuk

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The Ottawa Senators have decided to keep a former top prospect around, signing Morgan Klimchuk to a one-year two-way contract worth $700K at the NHL level. Klimchuk came to the Senators organization in a trade from the Toronto Maple Leafs in January and was scheduled for restricted free agency this summer.

Originally selected 28th overall by the Calgary Flames, things haven’t gone as planned for the 24-year old winger. Klimchuk has suited up for only a single NHL game during his professional career, instead spending most of his time in the minor leagues with the Stockton Heat. He was acquired by the Maple Leafs last season in exchange for Andrew Nielsen, but played just 13 games for the Toronto Marlies before being flipped to Ottawa.

If you’re the Senators though, taking chances on players like Klimchuk might be necessary. The team has floundered near the bottom of the league for the last two seasons and watched basically all of their top players leave through various trades. If somehow the young forward can put his game together and fulfill some of the promise he showed in junior they would have a player on their hands. If not, a one-year two-way deal poses almost no risk to the organization. Klimchuk will likely get every chance to make the Senators out of camp, as he’ll need waivers in order to be sent to the AHL this season.

Ottawa Senators Sign Nick Ebert

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Monday: The Senators have officially announced the contract, signing Ebert to a one-year two-way contract worth $700K at the NHL level and guarantees him at least $350K.

Saturday: After a pair of seasons overseas, Nick Ebert is heading back to North America.  Orebro, his team in the SHL, announced that the defenseman is leaving for the NHL.  Murray Pam of the Sporting News and Alexander Appleyard of The Athletic report (Twitter links) that the Senators are expected to sign Ebert.

The 25-year-old had a very strong first season in the OHL with Windsor back in 2010-11 (under new head coach D.J. Smith) which had him touted as a high draft pick.  However, he stagnated after that and ultimately dropped to the very bottom of the 2012 draft as the final pick of the Kings (211th overall).  He signed his entry-level deal with Los Angeles and spent two years in their system before being dealt to Dallas for goalie Jack Campbell.  Ebert didn’t fare much better with the Stars and after spending another year in the minors, he was non-tendered by Dallas in 2017.

Ebert spent most of 2017-18 in the KHL before joining Orebro late in the season.  He made an impact for them in 2018-19, recording 11 goals and 22 assists in 49 games while logging over 21 minutes a night in ice time and clearly, that performance got him back on the NHL radar.

Ottawa is an interesting fit for Ebert as they are lacking in terms of depth on their back end.  There should be an opening or two on the blueline as their roster currently stands so he should get a long look at a roster spot at training camp in September.

Ottawa Senators Hire Jack Capuano

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New Ottawa Senators head coach D.J. Smith will have some experience alongside him this season, as today the team announced that Jack Capuano has signed a three-year contract as associate coach. Capuano had been working with the Florida Panthers in the same role, but was not retained after Joel Quenneville was given the job this offseason. Smith released a statement on his new associate coach:

Jack brings a wealth of coaching experience in the National Hockey League and is a great fit with our staff. Our goal was to bring in someone who has been an NHL head coach – Jack has that experience and much more. He’s played defence, run a defence and run a penalty kill. He is a detailed, hard-working guy who players enjoy working with. We are happy to have Jack here in Ottawa to help with the growth and development of this team.

Capuano, 52, can be the experienced counterpart to Smith during the latter’s rookie season as head coach. As head coach of the New York Islanders, Capuano went 227-192-64 and made it to the playoffs three times, though won only a single round. Perhaps most importantly for Ottawa, he was a clear factor in the development of several top NHL players including names like John Tavares, Michael Grabner, Josh Bailey, Travis Hamonic, Kyle Okposo, Matt Martin, Casey Cizikas and Anders Lee, all of whom spent their some or all of their formative development years under Capuano. That’s the kind of core the Senators are looking to build in Ottawa, and one they’ll need if they are ever going to get back to contender status in the Eastern Conference.

Snapshots: Capuano, Roslovic, Tryamkin

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New Ottawa Senators head coach D.J. Smith was given full control over hiring his staff, has yet to make any additions. However, a familiar name could be on the way. The Ottawa Sun’s Bruce Garrioch reports that former New York Islanders head coach Jack Capuano is in talks to join the team. Capuano spent seven years as the Isles’ head coach and was an assistant for the Florida Panthers over the past two years. However, he became a free agent when new Panthers’ hire Joel Quenneville decided not to retain his services. A former AHL head coach as well, Capuano brings experience, but also a familiarity with working with young players, of which the Senators have plenty. Garrioch adds that GM Pierre Dorion stated today that the team hopes to have some assistants in place before the upcoming NHL Draft, meaning Capuano’s official addition could be imminent.

  • The Athletic’s Aaron Portzline reports that Winnipeg Jets forward Jack Roslovic has fired long-time agent Ken Robinson. Roslovic was a first-round pick of the Jets in 2015, but has been buried on the team’s organization depth chart and unable to break out. Roslovic has reportedly requested a trade out of Winnipeg several times and he remains unhappy with his current role, despite finally playing a full NHL season last year. With a number of difficult decisions to make this off-season up against the salary cap, the Jets may not be eager to move an affordable piece like Roslovic. Unfortunately, the young forward’s move to a new agent likely implies he wants someone to put more pressure on them to make a move than his last agent did. If Roslovic hits the trade market, expect his hometown Columbus Blue Jackets to be interested.
  • The Vancouver Canucks may have lost prospect defenseman Nikita Tryamkin to the KHL two years ago, but they remain interested in bringing him back. The Province’s Patrick Johnston reports that GM Jim Benning is keeping tabs on the big blue liner and looks forward to hopefully having him back with the team down the road. Tryamkin has one year remaining on his contract with Avtomobilist Yekaterinburg, so the reunion won’t be coming this off-season. However, talks have already begun with agent Todd Diamond about a future deal. Tryamkin initially left the team over frustration with role in the season-and-a-half he spent in North America. However, the 2014 third-round pick has improved his play in Russia and has also developed into a locker room leader for Avtomobilist. He would likely play a much larger role for the Canucks in his second time around.

Snapshots: Datsyuk, Faulk, Karlsson, Sutter

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Despite some initial speculation early this off-season, it seems an NHL comeback for Pavel Datsyuk is unlikely. Speaking to Helene St. James of The Detroit Free Press, agent Dan Milstein stated that Datsyuk’s probable landing spot remains his home town of Yekaterinburg with the KHL’s Avtomobilist. A free agent after wrapping up a very successful three-year stint with SKA St. Petersburg, Datsyuk made it known that he was leaving SKA and was hoping to land somewhere more familiar to he and his family. The 40-year-old center’s NHL rights are currently owned by the Arizona Coyotes, but they expire on July 1st with the start of the new league year. As such, there was some thought that he could return to the Detroit Red Wings, where he spent all 14 years of his NHL career. Datsyuk would be joining a team now run by fellow Red Wings legend Steve Yzerman and even in his advanced age, Datsyuk would have had the chance to return to a key role for Detroit. Although he recently visited the city and reportedly spoke to Yzerman and company, Milstein maintains that Datsyuk is more likely to settle into a cushy role in Yekaterinburg. “We are meeting in the coming days to discuss options and future plans,” Milstein said, but it seems that the decision is already close to being made. “It’s very likely Pavel will live up to his promise of playing for his hometown team in Russia.”

  • In an article offering up some trade suggestions over the waning days of the NHL postseason for those teams no longer in the running, USA Today’s Kevin Allen notes that teams may not want to waste their time trying to pry a defenseman out of Carolina. The Hurricanes succeeded this season largely because of their strength on the back end and GM Don Waddell appears more concerned with maintaining that depth rather than leveraging it. Allen reports that the team is engaged in extension talks with long-time stalwart Justin Faulk, whose current contract expires after next season. Allen adds that the team is not interested in dealing Faulk or any of their top-four defensemen at this time, which certainly includes Dougie Hamilton, Jaccob Slavin, and Brett Pesce, but may also include their big free agent addition from last summer, Calvin de Haan. The one defenseman who might have been dangled as trade bait is Trevor van Riemsdyk who, like Faulk, has only one year remaining on his contract. However, a long-term injury that will see van Riemsdyk on the sidelines to begin the season will probably put a damper on any trade talks. van Riemsdyk’s early-season absence will also allow youngsters Haydn Fleury and Jake Bean to see some NHL ice time, keeping all blue line parties content through another season at least.
  • Offer sheets remain a rare occurrence in the NHL – the last came in 2013 – but that doesn’t stop talk from spreading every off-season that one of the top restricted free agents could finally land such an offer. One prominent RFA whose name has not been associated with an offer sheet thus far, perhaps should be, writes David Schoen of the Las Vegas Review-Journal. Schoen believes that center William Karlsson is a prime candidate for an offer sheet this summer. The Vegas Golden Knights are already buried in payroll and the off-season has yet to begin. CapFriendly estimates that they are already over the projected $83MM ceiling for next season, yet still have Karlsson, Nikita Gusev, Malcolm Subban, and others to re-sign. The Knights will be forced to move out salary regardless, but a substantial offer sheet signed by Karlsson may be too much for Vegas to match. Specifically, Schoen names the Carolina Hurricanes, Ottawa Senators, Minnesota Wild, and Detroit Red Wings as potential suitors, citing cap space and need for all four teams.
  • While it is not a done deal, the Los Angeles Kings don’t appear worried about losing one of their key free agents. Fox Sports’ Jon Rosen reports that the Kings are close to extending Brett Sutter, the captain of the AHL’s Ontario Reign. Sutter, 32, is a respected veteran who Rosen states is a “great conduit between the coaching staff and dressing room.” An experienced and productive minor league forward, Sutter is the type of dedicated player that all organizations like to have around and it seems he will be back with L.A. for at least one more year.

Early Notes: Karlsson, Hall, Vehvilainen

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When the end of the San Jose Sharks season came, the biggest question immediately became ’what would happen to Erik Karlsson?’ The star defenseman is a free agent this summer, but was limited by injury at the end of the year and comes with plenty of question marks, including the draft pick compensation San Jose would need to send Ottawa if he re-signed. Karlsson tweeted out a cryptic thank you to the San Jose area, and immediately many started speculating that it would be the end of his time there. Speculation erupted, with landing spots like New York and Tampa Bay seeming the most likely.

Now in a new column, Don Brennan of the Ottawa Sun suggests the unthinkable—a return to the Senators. Brennan reports that a source tells him Karlsson “hopes to receive competitive offers” from the Senators and Montreal Canadiens, in order to get closer to his wife Melinda’s family who are in Ottawa. That would certainly be a shocking development, given how Karlsson exited the Senators organization last summer and the way they have failed to sign any top talent over the years.

  • Rumors have surfaced lately that Taylor Hall isn’t interested in signing an extension with the New Jersey Devils, but his agent Darren Ferris threw some cold water on that when speaking with Mike Morreale of NHL.com. Ferris called the report “fictitious” while Devils GM Ray Shero also doesn’t know where it came from, given his recent conversations with the Hall camp. Still, both admit that there is no rush to sign a deal despite their regular communication and that Hall won’t feel pressure when he is eligible for a deal on July 1.
  • A report out of Finland from Sasha Huttunen has the Columbus Blue Jackets signing Veini Vehvilainen in the coming days, though obviously nothing is official just yet. Vehvilainen is a 22-year old goaltending prospect that the Blue Jackets drafted last year with a sixth-round pick, who dominated Finland’s Liiga for the second straight season. The report notes that the young goaltender could return to Finland to continue his development on a loan from the Blue Jackets, which makes sense given the number of netminders already under contract with the team in the minor leagues.

Trade Rumors: Trade Bait, Panarin, Condon

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For everyone but the Boston Bruins and St. Louis Blues, the off-season is already in full swing and with the NHL Draft less than three weeks away, the rumor mill is starting to heat back up. TSN’s Frank Seravalli has updated his Trade Bait list and it features a whopping ten new names out of 25 total players. Leading the way among the newcomers is talented, young Philadelphia Flyers defenseman Shayne Gostisbehere. Gostisbehere has emerged as a candidate to move if the Flyers can land a top-six forward in exchange, as they look to be aggressive this off-season. Also new to the list are names included in the overturned Phil Kessel-to-Minnesota trade, Jack Johnson and Victor Rask, with Jason Zucker and Kessel now long-time fixtures. Another player tied to recent rumors making his trade bait debut is the Vancouver Canucks’ Loui Eriksson, who has been linked to former teammate Milan Lucic, also on the list, and the Edmonton Oilers, but could move in any number of possible deals. As the Florida Panthers look to shake up their roster in free agency, James Reimer and Mike Hoffman have made the list as possible cap space casualties. So too have Toronto Maple Leafs teammates Nazem Kadri and Mitch Marner, even though Seravalli himself agrees that a Marner trade is a long shot. With plenty of talent filling the early off-season trade bait board, it could be a busy summer for high-profile trades, some of which could begin even before the draft kicks off on June 21st.

  • A seemingly curious continued presence on the trade bait list is that of Artemi Panarin. It was one thing for Panarin to be atop the list as the trade deadline approached and the Columbus Blue Jackets were unsure whether or not they would sell the all-world forward. However, after keeping Panarin, an impending unrestricted free agent, it may seem that his trade value has now disappeared, since he is weeks away from hitting the open market. However, as a 27-year-old premiere free agent, both Panarin and his suitors will be interested in that eighth year of contract term that is only available to the incumbent team. As such, the Blue Jackets could look to squeeze the very last drops of value out of Panarin by trading his rights before the league year ends, allowing a new team to sign him to an eight-year extension rather than a seven-year free agent contract. While possible, and often valuable, acquiring UFA signing rights is not as frequent a move as one might expect. The last team to do so was the Florida Panthers in 2016, adding an expiring Keith Yandle for a a sixth-round pick and conditional fourth-round pick. That same year, the Arizona Coyotes did the same, bringing in Alex Goligoski on the tail end of his contract with the Dallas Stars for a fifth-round pick. Not since Ilya Bryzgalov in 2011 has a player’s UFA rights drawn more than a fourth-round pick at best, but Panarin is a unique player and Columbus could land a third-round pick or more in exchange for the opportunity to sign him to that one extra year – and to keep him from testing the market.
  • Unsurprisingly, the extension of goaltender Anders Nilsson in Ottawa has prompted speculation that the Senators will try to move overpaid third-string option Mike Condon. The Ottawa Sun’s Bruce Garrioch writes that Condon’s “days are numbered” with the team, as there’s no room for him in Ottawa behind Nilsson and Craig Anderson and he’s not wanted in Belleville with Filip Gustavsson, Joey Daccord, and possibly Marcus Hogberg in the mix. Cap space is not a problem for the Senators, but Garrioch still believes they would prefer to trade Condon and all or part of his $2.4MM salary next season rather than buy him out at the cost of $400K next year and $1MM the year after. Garrioch can only make a case that perhaps some team with weak goalie depth would be interested in Condon as a strong AHL option next season, as the 29-year-old is unlikely to be considered a regular NHL option. Perhaps after the free agent goalie market shakes out in early July, the Senators will be able to find a partner who missed out on their targets and could use Condon’s services. Otherwise, a buyout does seem to be the more likely route.

Poll: Where Will Nikita Zaitsev End Up?

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As the Toronto Raptors prepared to host the first NBA Finals game in franchise history, their hockey counterparts were making news of their own. Toronto Maple Leafs GM Kyle Dubas admitted that defenseman Nikita Zaitsev had requested a “fresh start” elsewhere, after Elliotte Friedman of Sportsnet had broken the news a few hours earlier. Dubas wouldn’t commit to trading Zaitsev at all costs, but did tell reporters that he would try to find a landing spot if possible:

I met with Dan [Milstein, Zaitsev’s agent] here and I don’t want to get too much into the details, that’s up to Dan and Nikita on their end. That will be our goal, to try and find a fresh start for him, for his own personal and private reasons. I’ll leave that to Dan and Nikita to talk about. In the case of what it means for our team, it’s not any definitive type of, “he’s definitely not going to be back.” Especially as the year went on, especially as he was paired with [Jake] Muzzin, his value began to shine through a little bit more. His penalty killing, his right shot, he plays in our top four and he’s signed reasonably for a long time.

Already speculation has started on where Zaitsev could end up. Lance Hornby of the Toronto Sun suggests that the Ottawa Senators could be a potential fit, given their need to add salary to reach the cap floor this season. The 27-year old defenseman has five years remaining on his current contract which carries a $4.5MM cap hit. That would immediately become the Senators’ most expensive contract among defensemen, though Cody Ceci’s impending deal would likely surpass it in terms of cap hit for next season. Interestingly, Zaitsev is owed a $3MM signing bonus on July 1, reducing the cost for a team like Ottawa even further.

There is also the obvious connection to the New York Islanders, where former Maple Leafs GM Lou Lamoriello now runs the ship. Lamoriello was an integral part in recruiting Zaitsev in the first place, and was the one who signed him to the seven-year extension after just one season in the NHL. He obviously felt at one point that the Russian defenseman was worth investing in, and perhaps he still does.

There’s no indication yet though of where Dubas would be looking, or even what kind of return he’d be after. The Maple Leafs were already likely considering a move of Zaitsev given their cap constraints this summer, with new contracts due for Mitch Marner, Kasperi Kapanen and Andreas Johnsson. The smooth-skating defenseman is valuable to the team, especially given his handedness, but may be too expensive to hold on to anyway. That would also mean they can’t take a lot of salary back in any deal, unless Dubas and the rest of the front office plan on cutting cap dollars somewhere else.

So where will Zaitsev end up? Will any team even come forward with a legitimate offer? Cast your vote below and let us know what you think in the comments.

Where will Nikita Zaitsev end up?
New York Islanders 14.12% (242 votes)
Ottawa Senators 10.33% (177 votes)
Toronto Maple Leafs 7.06% (121 votes)
Edmonton Oilers 5.95% (102 votes)
Vancouver Canucks 5.95% (102 votes)
Detroit Red Wings 5.48% (94 votes)
New Jersey Devils 4.38% (75 votes)
Los Angeles Kings 4.03% (69 votes)
Winnipeg Jets 3.97% (68 votes)
Chicago Blackhawks 3.79% (65 votes)
New York Rangers 3.27% (56 votes)
Arizona Coyotes 3.03% (52 votes)
Pittsburgh Penguins 2.92% (50 votes)
Montreal Canadiens 2.51% (43 votes)
Dallas Stars 2.45% (42 votes)
Buffalo Sabres 2.22% (38 votes)
Florida Panthers 2.10% (36 votes)
Philadelphia Flyers 2.04% (35 votes)
Minnesota Wild 1.98% (34 votes)
Anaheim Ducks 1.63% (28 votes)
Colorado Avalanche 1.52% (26 votes)
San Jose Sharks 1.40% (24 votes)
St. Louis Blues 1.34% (23 votes)
Washington Capitals 1.23% (21 votes)
Carolina Hurricanes 1.11% (19 votes)
Boston Bruins 0.93% (16 votes)
Nashville Predators 0.82% (14 votes)
Vegas Golden Knights 0.82% (14 votes)
Tampa Bay Lightning 0.70% (12 votes)
Columbus Blue Jackets 0.53% (9 votes)
Calgary Flames 0.41% (7 votes)
Total Votes: 1,714

[Mobile users click here to vote]

Anders Nilsson Re-Signs With Ottawa Senators

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The Ottawa Senators have secured one of their goaltending positions for the next little while, re-signing Anders Nilsson to a two-year contract. Nilsson’s deal will carry an average annual value of $2.6MM. GM Pierre Dorion released a statement on the signing:

We’re very happy to have Anders back for two more seasons. He is a competitive, talented veteran who played very well after being acquired last season. In addition, Anders is a great teammate and hard worker, which makes him an excellent fit with our growing team. This signing provides us with stability at the goaltending position, which is very important to our success as our team continues to develop.

The re-signing of Nilsson is interesting to say the least, given that the Senators are already paying Craig Anderson and Mike Condon a combined $7MM next season (with a slightly bigger combined cap hit). The team had basically parted ways with Condon during the year, burying his contract in the minor leagues, but Anderson appeared set to be the starter again in 2019-20. With Nilsson signed the question now becomes whether the team will look to move Anderson out as a rental piece, given that he is only under contract for one season.

That’s not to say that Nilsson hasn’t deserved a contract like this. After coming over from the Vancouver Canucks in a trade, the 29-year old behemoth registered a .914 save percentage in 24 games, better than any other goaltender to suit up for the Senators last season. Originally a third-round pick of the New York Islanders, Nilsson has bounced around the league over his career, playing in New York, Edmonton, St. Louis and Buffalo in addition to his two teams from last season. He’s shown flashes of brilliance during that journeyman career, but has never really staked a claim to the starting position for very long.

In Ottawa, perhaps he will get that opportunity if they decide to move Anderson this year, or move on from him next. The Senators have a few young goaltenders in Joey Daccord, Filip Gustavsson and Marcus Hogberg that will all be pushing for NHL playing time in the near future, but it’s not clear if the team wants to put them on the ice while the group in front of them are in such a drastic rebuild. Instead, they may use Nilsson as a short-term bridge while continuing to develop their young netminders in the minor leagues.

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