Salary Cap Deep Dive: St. Louis Blues

Navigating the salary cap is one of the more important tasks for any GM.  Teams that can avoid total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful.  Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation for the 2022-23 season and beyond.  This will focus more on players who are regulars on the roster versus those who may find themselves shuttling between the AHL and NHL.  All cap figures are courtesy of CapFriendly.

St. Louis Blues

Current Cap Hit: $84,237,279 (over the $82.5MM Upper Limit)

Entry-Level Contracts

F Jake Neighbours (three years, $835K)

Potential Bonuses
Neighbours: $82.5K

After holding his own in a nine-game stint last season, Neighbours is expected to hold down a regular spot this year.  It’s too early to forecast the next contract for the 2020 first rounder but it’s worth noting that his bonuses are games-played based and with St. Louis into LTIR, those could roll over and be applied on their cap next season.

Signed Through 2022-23, Non-Entry-Level

F Noel Acciari ($1.25MM, UFA)
F Ivan Barbashev ($2.2MM, UFA)
F Logan Brown ($750K, RFA)
G Thomas Greiss ($1.25MM, UFA)
D Niko Mikkola ($1.9MM, UFA)
D Scott Perunovich ($750K, RFA)
F Tyler Pitlick ($750K, UFA)
F Ryan O’Reilly ($7.5MM, UFA)
F Vladimir Tarasenko ($7.5MM, UFA)
F Alexey Toropchenko ($750K, RFA)

Potential Bonuses
Greiss: $250K

O’Reilly is the veteran that many expect to be the one that ultimately gets re-signed.  While he’s off to a particularly tough start this season, the 31-year-old has been a strong two-way center over the past several years while being elite at the faceoff dot.  Those are elements that will certainly be in high demand and should keep his cost high even as he slows down offensively.  Right now, a small dip could be expected but if he turns around and has a 25-goal, 60-point year when all is said and done, his next contract could be very close to this one.

Tarasenko’s future in St. Louis has been in question dating back to last season when his trade request wasn’t granted.  To his credit, he responded in the best way possible with a career year that saw him pick up 82 points in 78 games while he’s off to a pretty good start early on this season as well.  In doing so, he has put some of the questions about the health of his shoulders to rest as well.  At this point, it’s still difficult to see him staying in St. Louis (especially with who else needs to be re-signed) but the 30-year-old is certainly positioning himself to be one of the top wingers on the open market next summer.  Accordingly, another contract in this range could be doable.

Barbashev is a player many are keeping an eye on this season to see if his 60-point performance was a one-off or a sign of things to come.  If it’s the former, a small raise to an AAV starting with a three could still be doable but a repeat showing could double that on the open market.  Acciari has impressed the coaching staff early on and was bumped up to the front line but that’s likely a short-term promotion.  He’s more of an energy player and as long as he stays healthy, it should be mission accomplished on bolstering his value which could put him in a spot for a multi-year agreement in the $1.5MM range.  Pitlick couldn’t land a guaranteed deal through training camp but got one off an extended PTO.  That’s likely to be the route he needs to take next year.

As for the RFA-bound forwards, both Brown and Toropchenko are at the stage where they’re looking to establish themselves as NHL regulars.  Both have had limited ice time in the games they’ve played so far and that alone isn’t going to be enough to land a raise of significance.  St. Louis will need to keep these end-of-roster spots at or near the minimum so it will be interesting to see if they can get these two to take another year around this price tag.

Mikkola was scratched at times last season but still managed to get this deal in exchange for avoiding arbitration this past summer.  His role has been quite limited this year which doesn’t bode well for his market value.  However, he still has fewer than 100 NHL games under his belt so there could be a team that feels there’s some untapped upside so even if he stays in a number six role, his market could be strong enough to get a small raise next summer.  Perunovich took a one-year show-me deal and then fractured his shoulder which will probably keep him out for the rest of the year.  Accordingly, another one-year, low-cost pact could be coming his way, especially since he won’t accrue a season toward arbitration eligibility if he doesn’t play this season.

Greiss was brought over in free agency to be a more cost-friendly backup goaltender but it wouldn’t be surprising to see him kept below 20 starts to avoid the bonus payout.  He’ll be 37 next summer so he’ll likely be on one-year deals from here on out but after a tough year with Detroit, a bounce-back showing could give him a stronger market in July.

Signed Through 2023-24

D Robert Bortuzzo ($950K, UFA)
D Calle Rosen ($762.5K, UFA)
D Marco Scandella ($3.275MM, UFA)
F Nathan Walker ($750K in 2022-23, $775K in 2023-24, UFA)

Walker is a nice story of perseverance as next season will be his first one-way contract after nine seasons on a two-way deal.  He’s one of those players that fits at the minimum in an end-of-roster spot but it’s hard to see him getting much more than what he will get next year.

Scandella fit in well after he was acquired midseason in 2020 but this contract hasn’t been a good one for them.  He struggled last year and will miss most (if not all) of this season after undergoing hip surgery which has created the LTIR space that they’re currently using.  At this point, he’s someone that could be looking at a pay cut of 50% or more in 2024.  Bortuzzo is a depth defender that has signed a variety of low-cost deals to stay with the Blues.  If they’re comfortable with him in a seventh role two years from now, that trend could continue with a contract similar in value to this one.  Rosen has bounced around in recent years between the NHL and AHL and is likely to stay at or close to the minimum unless he’s able to establish himself as a full-timer at the top level.

Signed Through 2024-25

F Pavel Buchnevich ($5.8MM, UFA)

The 27-year-old fit in quite well last season, putting together a career year in his first season with St. Louis.  If he can repeat that performance over the next few seasons, Buchnevich could be highly sought after in 2025 with a price tag that would be similar to Tarasenko’s.  That’s a big if, however, but even if he checks in closer to the 60-point range instead of the 76 from a year ago, he could get closer to the $6.5MM range on his next contract.

Read more

West Notes: Mrazek, Nieto, Meyers

While Chicago was forced to convert Dylan Wells’ minor league agreement to an NHL deal earlier today, it seems like he won’t be around for long.  Ben Pope of the Chicago Sun-Times notes that Petr Mrazek might be a week away from returning to the lineup and it’s a light rest of the week for the Blackhawks.  He has been dealing with a groin injury for the last couple of weeks but with Alex Stalock and Arvid Soderblom both doing alright, there was no immediate need to try to rush him back and risk a recurrence which has plagued him in the past.  However, Mrazek indicated that the injury wasn’t as bad as last season which certainly is a good sign as he looks to re-establish himself after a tough showing with Toronto last year.

More from the West:

  • With the Sharks believed to be open to moving just about anyone, Curtis Pashelka of The Mercury News examines a handful of veterans that could be on the move. One candidate that might fly under the radar is winger Matt Nieto.  The soon-to-be 30-year-old has four points in 12 games so far this season while holding his own in a top-six role.  He wouldn’t have that role on a contender but a veteran making just $800K that can move up and down the lineup could be intriguing to some cap-strapped teams.  Accordingly, Pashelka posits that San Jose could do a little better than the fifth-rounder they received for Andrew Cogliano who was moved at the deadline last season.
  • The Avalanche sent Ben Meyers down to the minors a couple of weeks ago to get some playing time after having a very limited role with the big club earlier in the season. However, as Bennett Durando of The Denver Post relays (Twitter link), the 23-year-old suffered a lower-body injury in his second game with the Eagles.  He’s hoping to get back on the ice within a week but this certainly isn’t helping his development in his first full professional season.

East Notes: Penguins, Kravtsov, Cassels, Puistola

There should be some good news on the horizon for the Penguins on the injury front.  As relayed by the team’s Twitter account, GM Ron Hextall indicated that the hope is that center Teddy Blueger will be ready to be activated from LTIR on Saturday, the first day he’s able to come off.  What initially started as a day-to-day injury back in training camp has now cost the 28-year-old the better part of a month of action as he has yet to play this season.  His pending return will be a welcome one as Jason Mackey of the Pittsburgh Post-Gazette adds (Twitter link) that middleman Jeff Carter is missing his second straight game tonight due to a lower-body injury; if that issue lingers, Blueger would likely slide right into his spot in the lineup.

More from the Eastern Conference:

  • Going to the AHL has been a point of contention for Rangers winger Vitali Kravtsov in the past. However, Larry Brooks of the New York Post suggests that he should give some consideration to doing so if New York approaches him about a conditioning stint once he’s cleared to return from his current upper-body injury.  This season has seen multiple stops and starts already which is hardly ideal for a young player that’s trying to get reacclimated to playing in North America.  A conditioning stint – which can last for up to two weeks and would not require waivers – would give him a chance to ease into a few games which would be preferable for New York but the 22-year-old would have to agree to go down there.
  • After inking Cory Conacher to an AHL tryout deal earlier this week, the Senators made another AHL signing today, announcing that they’ve inked forward Cole Cassels to a one-year, minor league contract. The 27-year-old has spent time in Vancouver, Ottawa, Pittsburgh, and Columbus but has yet to secure an NHL opportunity.  Cassels started the season in Sweden’s second division but now will have a chance to play a lot closer to home.
  • Hurricanes prospect Patrik Puistola has signed a one-year extension with Jukurit through the 2023-24 season, the Finnish team announced. The 21-year-old was a third-rounder back in 2019 (77th overall) and is off to a nice start to his season with nine points in 17 games.  Notably, Carolina only has until June 1st to sign Puistola to an NHL deal and the fact he is already signed in Finland now for next year probably won’t help his chances of landing an entry-level contract.

Snapshots: Zegras, Carter, Benning

The NHL Department of Player Safety today fined Anaheim Ducks forward Trevor Zegras $1,500 for slashing San Jose Sharks defenseman Matt Benning during last night’s game. Zegras was assessed a minor penalty for slashing on the play.

It’s the second fine issued today after New York Islanders forward Casey Cizikas escaped with a fine instead of a suspension stemming from his collision with Blackhawks goaltender Alex Stalock. Thankfully, Benning was not injured on this play. The Ducks will be ecstatic that no further discipline was awarded to Zegras, who’s second on the struggling team with eight points in 10 games.

Washington Capitals Recall Sonny Milano, Place Three On Injured Reserve

As announced in a team release today, the Washington Capitals have recalled forward Sonny Milano, forward Garrett Pilon, and defenseman Lucas Johansen from the Hershey Bears of the AHL. All three players will travel with the team to Detroit for the team’s game tomorrow against the Red Wings.

In a corresponding move, the team has also placed forward T.J. Oshie, defenseman John Carlson, and forward Beck Malenstyn on injured reserve. Forward Connor Brown was also moved to long-term injured reserve (LTIR) after undergoing potentially season-ending ACL surgery earlier this week.

Oshie is out indefinitely with a lower-body injury suffered last Saturday. He is technically eligible to return for Saturday’s home game against Arizona, but without a timeline, there’s no telling when he’ll be back. The fact that he was not moved to LTIR along with Brown is somewhat promising, suggesting that he may not be out for more than a few weeks.

Carlson also left the same game Saturday with a lower-body injury, although his status remains day-to-day. Assuming his injured reserve placement is retroactive, he could return Saturday against Arizona, but the IR placement is confirmation that he’ll miss his third straight game tomorrow against Detroit.

Malenstyn left last night’s overtime loss against Vegas with an upper-body injury. He was recalled to the team in mid-October in the absence of Brown.

After notching 34 points in 66 games last year as a member of the Anaheim Ducks, it was rather shocking that no team signed Milano before training camps started, and it was nearly as surprising when he cleared waivers when Washington signed him. In five games in the AHL, Milano’s notched two goals, an assist, and three points. He could potentially draw into the lineup in Malenstyn’s absence, although the team also had Connor McMichael as a healthy extra.

Pilon, 24, has five points in seven games to start the AHL season, his fifth with Hershey. Johansen, the 28th overall selection in 2016, missed the majority of the 2019-20 and 2020-21 seasons due to injury and has a goal in six games with Hershey in 2022-23. The team had no extra healthy defensemen with Carlson out.

Maple Leafs Notes: Liljegren, Muzzin, Moldenhauer

The Toronto Maple Leafs are in a tailspin with four losses in a row, but at least they are getting a reinforcement. Timothy Liljegren, who was expected to take another step in terms of responsibility and ice time this season, will re-enter the lineup on Saturday, according to Luke Fox of Sportsnet.

Now 23, Liljegren was the 17th overall pick in 2017 and has played just 74 games in the NHL to this point. He showed flashes of top-four potential last season, with 23 points in 61 games, but was injured in training camp and placed on long-term injured reserve.

  • One of the reasons why Liljegren is so necessary is the injury to Jake Muzzin, which wasn’t updated by head coach Sheldon Keefe today. As Lance Hornby of the Toronto Sun reports, Muzzin is awaiting some test results from a neck specialist. The 33-year-old Muzzin has dealt with several head, neck, and back injuries over the last few seasons, so the team will go slow with his recovery.
  • Maple Leafs prospect Nick Moldenhauer has committed to the University of Michigan for next season, where he’ll continue his development after his USHL career comes to an end. The 2022 third-round pick has ten goals in his first 11 games for the Chicago Steel this season.

Boston Bruins Recall Keith Kinkaid

With Jeremy Swayman exiting last night’s game with an injury, the Boston Bruins have recalled another goaltender for the time being. Keith Kinkaid is coming up from the minor leagues, according to the AHL transaction portal. He is up under emergency conditions, meaning he’ll return as soon as Swayman is healthy.

Kinkaid, 33, has been excellent for the Providence Bruins so far, posting a .922 save percentage in four appearances. That shouldn’t come as much of a surprise, given his long professional career that includes 167 games in the NHL.

For now, Linus Ullmark will be called upon to be the Bruins full-time starter, though it may not be for long. There is no official update on Swayman yet, but Matt Porter of the Boston Globe tweeted last night that the netminder was walking around the dressing room with ice on his knee and no crutches.

If he has avoided any serious damage, the Bruins should be totally fine with an Ullmark-Kinkaid tandem for the time being. There are certainly worse third-string options to have available.

Casey Cizikas Avoids Suspension, Earns Fine

When Casey Cizikas was thrown out of last night’s game between the New York Islanders and Chicago Blackhawks, some wondered whether he would be handed further punishment from the league. He has, but it isn’t a suspension.

The Department of Player Safety has fined Cizikas $5,000 for goaltender interference after he crashed into Alex Stalock, forcing the netminder from the game and causing him to enter the concussion protocol. Cizikas earned a five-minute major and game misconduct on the play, which happened early in the first period.

That game misconduct would have been considered in the league’s decision to not issue a suspension, as Cizikas ended up playing just 46 seconds of the game.

He’ll be eligible to return to the squad tomorrow for their game against the St. Louis Blues, while Stalock remains out. The Blackhawks were forced to sign Dylan Wells to an NHL contract in the meantime.

Chicago Blackhawks Sign Dylan Wells

With Alex Stalock entering concussion protocol last night, the Chicago Blackhawks will be forced to add another goaltender. Scott Powers of The Athletic reports that it will be Dylan Wells, who was signed to an AHL contract. The Blackhawks have signed the young goaltender to a one-year, two-way contract worth $750K in the NHL and $80K in the AHL.

Petr Mrazek is still out with a groin injury, while the only other goaltender signed, Jaxson Stauber, was injured over the weekend. That means it will be Arvid Soderblom and Wells for the time being, at least until one of Stalock and Mrazek are able to return.

Despite a strong early start to the year, things are trending in the wrong (or right?) direction for the Blackhawks. Wells, 24, has never played in an NHL game, and has just 24 games of AHL experience under his belt. Most of his time as a professional has come in the ECHL, and even there he has struggled to put up consistently strong numbers.

With Seth Jones and Tyler Johnson both out, the goaltending situation a complete question mark, and the team now on a four-game losing streak, the Blackhawks could quickly be down at the bottom of the standings where most expected them to be this season.

Ivan Demidov Making KHL Debut

The 2023 NHL Draft is being hyped as one of the most important in several years, thanks to the trio of outstanding forwards at the top of the board. Connor Bedard, Adam Fantilli, and Matvei Michkov would all likely be considered for the first-overall pick in weaker years, making a tank effort even more worthwhile this time around.

But teams also have to start looking ahead to 2024 and getting closer looks at the top players that may be available. One of those players, Ivan Demidov, will be making his KHL debut today at the age of 16. Playing for the SKA St. Petersburg organization, Demidov has ten goals and 27 points in 19 games in the MHL this season and will get a look with the big club according to his agent Dan Milstein.

The left-shot winger was excellent at the most recent Hlinka-Gretzky Cup, scoring five points in five games despite being younger than most of his competition, and will now make his professional debut months before he even turns 17.

There have been a handful of players who have made their debuts at 16, including Michkov, and there’s no guarantee that it means big things for Demidov. But for fans looking ahead, it’s exciting to see another young prospect tested against professionals so early.