Trade Deadline Primer: Montreal Canadiens

As the calendar turns to March, the trade deadline is inching closer. Where does each team stand and what moves should they be looking to make?  We continue our look around the league with the Montreal Canadiens.

The Montreal Canadiens enjoyed a dream run to cap off what had been an inconsistent 2020-2021 season, defeating three strong playoff teams before eventually falling to the Tampa Bay Lightning in the Stanley Cup Final. That dream run stands in great contrast to how the team began their 2021-2022 season. The Canadiens collapsed, falling to the bottom of the NHL standings. These results led to an organizational overhaul. Out was longtime GM Marc Bergevin, in was former Rangers GM Jeff Gorton in a role overseeing hockey operations along with former agent Kent Hughes as GM. Hughes and Gorton dismissed incumbent head coach Dominique Ducharme, replacing him with Hall-of-Fame player Martin St. Louis, who now has the Canadiens surging with five straight wins. Despite the team’s turnaround under St. Louis, the Canadiens still figure to be sellers at the deadline, as they indicated with the trade of Tyler Toffoli to Calgary.

Record

13-33-7, 8th in the Atlantic

Deadline Status

Seller

Deadline Cap Space

$9.41MM today, $9.41MM in full-season space, 0/3 retention slots used, 48/50 contracts used per CapFriendly. 

Upcoming Draft Picks

2022: MTL/CAR 1st,* CGY 1st,^ MTL 2nd, MTL 3rd, ANA 3rd, CAR 3rd, MTL 4th, TBL 4th, MTL 5th, MTL 6th, MTL 7th, STL 7th

2023: MTL 1st, MTL 2nd, MTL 3rd, MTL 4th, MTL 5th, CGY 5th, MTL 6th, MTL 7th

*As per the terms of the offseason Christian Dvorak trade, Montreal will give Arizona the better of Montreal/Carolina’s first-round picks, unless either or both are inside the top-10, in which case Montreal will receive the better of the two picks. 

^If Calgary’s pick is inside the top-10 the Flames have the option to trade Montreal their 2023 1st instead, and if they do so Montreal will also receive Calgary’s 2024 4th.

Trade Chips

Despite languishing at the bottom of the standings, the Montreal Canadiens still have a solid amount of desirable trade chips on their roster. The Canadiens player getting perhaps the most attention in trade speculation is defender Ben Chiarot. Chiarot, 30, is a pending UFA on a $3.5MM cap hit that is relatively easy for many contenders to absorb. Chiarot is a bit of a divisive player, with many disagreeing on his true value, but what is clear is that he plays the kind of playoff-oriented game that NHL decision-makers covet. Chiarot’s best asset is his physicality, his rugged style that wears down opposing players, especially in front of the net. He is not an offensive player, and his 12 points in 48 games show that, but he is still a good enough skater to handle himself in transition. More analytically-inclined observers might scoff at the idea of Chiarot returning the Canadiens any assets of significance, and that would not be an unreasonable stance to take given Chiarot’s place as a high-minute defenseman on one of the league’s worst teams. But even with that in mind, it is undeniable is that Chiarot is exactly the kind of player coaches and executives want to have in their uniform when playoff hockey begins.

Beyond Chiarot, the Canadiens have another player who many coaches and GMs will seek: Artturi Lehkonen. Like Chiarot, Lehkonen also saw his profile raised leaguewide during the team’s playoff run. Lehkonen helped linemates Phillip Danault and Brendan Gallagher take on the team’s toughest matchups, and their success in shutting down scorers like Mark Stone, Mitch Marner, Auston Matthews (among others) was crucial to the Canadiens being able to go as far as they did. Lehkonen is a relentless forechecker who can fit on a contending team’s penalty kill as well as any of their four lines. He also brings an underrated offensive element to his game, with nine goals and 22 points in 50 games so far this season without much powerplay usage. Lehkonen offers an extra year of team control as an RFA after this season when his $2.3MM cap hit expires. His versatility, relentless two-way game, and an extra year of team control should make him a hot commodity on the trade market, especially given the trade interest a comparable player like Barclay Goodrow, for example, received a few years ago.

While Chiarot and Lehkonen figure to be largely in-demand assets on the trade market, the same cannot be said for defenseman Brett Kulak. Kulak, 28, is a bottom-pairing defenseman on an expiring $1.85MM deal. After struggling to establish himself as an NHL player as part of the Flames’ organization, Kulak arrived in Montreal and became a relatively regular NHL fixture. He is now a veteran of over 300 NHL games and can offer a team some stability and skating on their bottom pairing. A team shouldn’t expect a player who can handle intense special teams work or shelter an inexperienced defenseman, but that being said a team could do a lot worse than Kulak as a depth blueliner. He shouldn’t be prohibitively expensive to acquire, either.

Other Potential Trade Chips: F Cedric Paquette ($950k through 2021-2022), F Mathieu Perreault ($950k through 2021-2022), F Joel Armia ($3.4MM through 2024-2025)

Team Needs:

1) Skilled Prospects

New GM Hughes made it clear when he was first introduced to Montreal media that he did not envision the team undergoing the sort of long-term, scorched-earth rebuild other franchises have undertaken. With those marching orders in mind, it is likely that Hughes’ plan to get the Canadiens back on track will center around already-drafted prospects and young players rather than draft picks to be used on players further away from the NHL.

2) Cap Flexibility

Despite the Canadiens’ struggles this season, the team is deep into LTIR spending and has some significant contracts on the books. It’s not as if the roster has been stripped bare and has no veterans commanding significant salaries. In fact, the roster has quite a few of them. Pierre LeBrun of TSN reported that the Canadiens’ long-term plan could include adding a “significant” free agent, but for that to be the case the team would likely need to improve its cap flexibility from its current point.

3) Draft Picks

While Hughes has made it clear that he would ideally rebuild the Canadiens on an accelerated timeline, the fact remains that draft picks are crucial to building any successful NHL franchise. The Canadiens have a few extra picks moving forward thanks to trades, but still could use some more selections in the coming drafts to help re-stock their prospect cupboards.

Photo courtesy of USA Today Sports Images

Latest On Jake DeBrusk

After a challenging 2020-2021 season, Boston Bruins winger Jake DeBrusk requested to be traded from the team. The team acknowledged his request, but since then there has been seemingly little progress towards a resolution of the issue. That lack of progress should not be confused with a retraction of the request, though. DeBrusk still desires a trade from the Bruins, and as Pierre LeBrun of TSN explains, DeBrusk’s camp is “willing to work on an extension to help facilitate a deal” so that the player can be traded to another team. For an acquiring team to retain an unextended DeBrusk’s rights beyond this season, they would have to issue him a qualifying offer worth $4.41MM against the cap. LeBrun notes that “a lot of teams are concerned” about that figure, which could explain why DeBrusk remains a Bruin several months after his request to be traded became public.

Looking at the situation from Boston’s perspective, it is clear that DeBrusk is in the middle of a bounce-back season, as was cemented by a hat trick against the Los Angeles Kings. He has 14 goals and 24 points in 48 games, which is a 24-goal, 41-point pace, production that is more in line with his past seasons. DeBrusk’s re-emergence as a legitimate scoring threat, especially recently, should in theory help him secure a trade, but the looming trade deadline complicates things. The Bruins are currently solidly in place in the Eastern Conference’s first wild card playoff spot, and taking away DeBrusk’s production as the team intends on competing for a Stanley Cup would not be ideal. That being said, one wonders if keeping a player who wants out on a team with sky-high aspirations is just as problematic. Moreover, there is the opportunity a DeBrusk trade would hypothetically provide the Bruins. Moving DeBrusk could help Boston target a replacement forward from the trade market, giving them more assets to trade and more cap space to work with. The team knows DeBrusk doesn’t want to be a Bruin, so perhaps a DeBrusk trade could go hand-in-hand with Boston acquiring a forward to replace him.

For an acquiring team, DeBrusk represents an interesting opportunity as well as a bit of a risk. On one hand, there are a lot of things to DeBrusk that make him an attractive trade target. He has flirted with scoring 30 goals before and is still only 25 years old. Given his recent inconsistency, he is likely to cost under $4MM on an extension, and is, according to LeBrun, willing to negotiate an extension with a team that acquires him. So any team can look at DeBrusk and see a potential 30-goal-scorer that they can lock into a bargain contract. But on the flip side of that, DeBrusk’s 27-goal-season was his sophomore campaign in 2018-19, and since then he has struggled to match that level of production. His bouts of inconsistency and inability to truly seize a top-six spot in Boston are red flags, and with a hefty $4.41MM price tag attached on a qualifying offer, what happens if he struggles to transition to a new team? DeBrusk is a difficult player to fully get a grip on, so he could be a bit of a leap of faith for any team that trades for him. But the upside is definitely there.

Compared to other options on the trade market, DeBrusk is a riskier proposition. As previously mentioned, his inability to cement himself as a reliable NHL scorer makes him more of a lottery ticket than proven veteran scorers such as Phil Kessel. But DeBrusk is younger, offers more long-term viability, and has the upside to be a multi-year fixture in a team’s top-six. A team acquiring DeBrusk would likely be in a different place in their competitive timeline than a team acquiring Kessel, because DeBrusk’s value is more theoretical, more long-term, while Kessel or other veteran wingers would in all likelihood provide a more immediate boost.

Interestingly, DeBrusk is not the only Bruins 2015 first-round pick to request a trade from the organization. Winger Zachary Senyshyn, the player the Bruins picked immediately after DeBrusk, also filed a trade request earlier this season. While DeBrusk may be viewed as a disappointment in the eyes of some observers in Boston, Senyshyn has been undoubtedly the more disappointing pick for the Bruins. Senyshyn has only appeared in 14 career NHL games and has a single goal to his name. With Senyshyn and DeBrusk requesting trades from the organization, it is clear that the team’s long-term plans for their offense have shifted away from those two former top picks. The situation with the two of them is definitely one to keep an eye on, especially as the trade deadline gets closer and closer.

Pittsburgh Penguins Sign Jordan Frasca, Taylor Gauthier

3:15pm: Not only have the Penguins officially announced the contract for Frasca, but they have also signed Taylor Gauthier to a three-year entry-level deal. Both will start in 2022-23 and give Pittsburgh some extra prospect depth. Gauthier, 21, has been arguably the best goaltender in the WHL this season, posting a .932 save percentage through 28 games, winning 20 of those appearances. Since joining the Portland Winterhawks partway through the year, those numbers have actually only continued to rise, with a 13-1 record and .943 save percentage following the midseason trade. ‘

While Frasca will likely end up starting with the Wilkes-Barre/Scranton Penguins, there’s a chance that Gauthier heads to the ECHL next season where NHL teams often send their raw goaltending prospects. Either way, Pittsburgh has nabbed another interesting name to keep an eye on.

11:15am: Teams are now allowed to ink prospects to entry-level contracts that start in 2022-23, meaning a rush of signings is likely to happen in the next few days. One of those is expected to be Jordan Frasca, who will sign with the Pittsburgh Penguins according to Darren Dreger of TSN.

Frasca, 20, went undrafted but is having an outstanding season for the Kingston Frontenacs, scoring 32 goals and 65 points in 44 games. His performance in fact has been part of the reason why some people have considered Shane Wright‘s season disappointing. The potential first-overall pick in this year’s draft sits behind Frasca in the Frontenacs scoring race (while both sit well behind 21-year-old Lucas Edmonds, another undrafted forward that returned to Canada after several years in Sweden).

Set to turn 21 in July, Frasca will still be signing a three-year entry-level contract. It’s an impressive run for a player who wasn’t even drafted into the OHL until the seventh round of the 2017 Priority Selection, and had just 23 points in his first full season–then with the Windsor Spitfires. He’s now set to join an NHL organization, though it won’t be the first time he’s around professionals. Last summer, Frasca attended development camp with the Toronto Maple Leafs, something that likely helped fuel his dominance this season.

Dallas Stars Sign Antonio Stranges

The Dallas Stars have gotten in on the entry-level signing parade, this time with an interesting prospect from the London Knights. Antonio Stranges has inked his three-year, entry-level contract that will begin in the 2022-23 season.

Stranges, 20, was picked 123rd overall in 2020, but quickly showed he was more than just a regular fourth-round pick. In 2020-21 when the OHL season was canceled due to COVID restrictions, he ended up signing an amateur tryout with the Texas Stars, where he played in nine games. Already it looked like Stranges might be able to handle himself at the minor league level, so when he went back to London this season it wasn’t much of a surprise to see him immediately dominate the competition.

In 39 games, the winger has 18 goals and 51 points, routinely setting up OHL goal leader (and Nashville Predators prospect) Luke Evangelista. Stranges is second in points on a team loaded with talent that has gone 30-13-2 on the year, and now joins an organization where there should be some opportunity in the next few years. While he’ll stay in London for the rest of this season and chase down an OHL championship, Stranges will likely join Texas for the 2022-23 season and begin his professional climb.

Calgary Flames Sign Rory Kerins

The Calgary Flames are finalizing an entry-level contract with late-round prospect Rory Kerins, according to Darren Dreger of TSN. The news comes on the first day teams are eligible to sign prospects to contracts that begin in 2022-23, likely the plan for the young forward. Unlike some of the others that have inked deals today, Kerins is not undrafted and was still on the Flames reserve list after they picked him 174th overall in 2020. The team officially announced the deal not long after the report surfaced, and PuckPedia relayed that it will carry an average annual value of $847K at the NHL level.

It also won’t be the first time he signs a contract with the organization. Kerins inked an amateur tryout last year in order to play four AHL games with the Stockton Heat while the OHL season was canceled due to COVID restrictions. That taste of professional hockey certainly seems to have ignited something in the Sault Ste. Marie Greyhounds forward, as Kerins has 33 goals and 84 points in just 50 games.

That’s good enough for second in the entire OHL, only behind Windsor Spitfires star and Dallas Stars first-round pick Wyatt Johnston who has 85 in 46 games. Kerins’ 33 goals are good for third in the OHL behind two other high picks, Brennan Othmann and Luke Evangelista. All of that turns into a pretty good season for the young forward, who will now be secured a professional future starting next season. Given that he’ll turn 20 at the start of April, Kerins will likely play with Stockton in 2022-23 as he continues his climb toward the NHL. For now, he’ll stay with the Greyhounds and chase an OHL championship, or even a Memorial Cup.

Washington Capitals Sign Henry Rybinski

2:05pm: The team has made it official, announcing the three-year entry-level contract that will start in 2022-23.

12:30pm: The Washington Capitals are getting into the CHL free agent forward market, as Tarik El-Bashir of The Athletic reports that the team has signed Henry Rybinski from the WHL. Rybinski currently plays for the Seattle Thunderbirds and was originally drafted by the Florida Panthers in 2019. Because he failed to sign a contract with them by last summer, he became a free agent and quickly started to draw interest from around the league.

Today is the first day teams can sign free agent prospects to entry-level contracts that kick in for the 2022-23 season and given his age, Rybinski will be signing a three-year deal. The 20-year-old forward has been outstanding this season for the Seattle Thunderbirds, recording 18 goals and 54 points in 39 games. That’s good enough for 27th in league scoring even though he’s played up to 15 games fewer than some of his competitors.

Rybinski was in Edmonton Oilers development camp last August, and before that had been in camps run by the Panthers. That’s actually where he transitioned back to center, the position he now plays full-time. Adding another center prospect to the pipeline is never a bad thing, and Washington–like Pittsburgh and Tampa Bay, who added players today–always needs to refresh the system in ways outside of the draft because of their perennial contender status and trade deadline escapades. There’s still a long road ahead of someone like Rybinski, but when his contract is made official, he’ll be taking a big step.

Seattle Kraken Sign Tye Kartye

The entry-level contracts continue, with an expansion team this time getting into the mix. The Seattle Kraken have signed Tye Kartye to an entry-level contract according to general manager Ron Francis, who spoke with Ryan S. Clark of The Athletic. Kartye, 20, is an undrafted forward currently playing for the Sault Ste. Marie Greyhounds of the OHL. Today was the first day teams are eligible to sign players to entry-level contracts for the 2022-23 season; Kartye’s age means he’ll be signing a three-year deal.

Kartye should already be very familiar with the Kraken, as he took part in their first development camp last summer. Like many Greyhounds in the past, he was also part of a Toronto Maple Leafs development camp, this time in 2019. The Kingston-born winger went undrafted, but has taken his game to an entirely new level this season, scoring 33 goals and 58 points in 45 games.

The fact that Francis is a legendary Greyhounds alumni likely didn’t hurt negotiations, but there is also an immediate attraction for free agent prospects when it comes to expansion teams. The Kraken will need all the young players they can get in the coming years as they try to build the program from the ground up, and Kartye will likely be one of the first members of the Coachella Valley Firebirds, the AHL team set to begin play next season. Originally selected 158th overall in the 2017 OHL Priority Selection, all of Kartye’s hard work has paid off. He scored just four goals in his first OHL season, missed all of 2020-21 because of COVID restrictions, and now has an NHL contract with his name on it.

Brendan Perlini, Petteri Lindbohm Clear Waivers

Mar 1: Johnston reports that both have cleared waivers. Either one can now be assigned to the minor leagues, though Lindbohm’s placement on waivers was simply to enter the NHL after playing overseas this season.

Feb 28: Two players have hit waivers today. Elliotte Friedman of Sportsnet reports that Brendan Perlini of the Edmonton Oilers and Petteri Lindbohm of the Florida Panthers have both been waived and are available to the rest of the league. Chris Johnston of TSN reports that Lindbohm has signed through the end of this season, and PuckPedia reports that it is a one-year, one-way, $750K contract for the European free agent.

This is the second time that Perlini has hit waivers this season, after he cleared in December. The 12th-overall pick from 2014 has been his frustratingly inconsistent self again this season, showing flashes of brilliance too often followed by long stretches of invisibility. The 6’3″ forward has all the raw tools to be an impact power forward at the NHL level, but still has just four goals and five points in 23 games for the Oilers this season.

It’s not that the team needs Perlini to step into a top-six role, but it’s very clear that the Jay Woodcroft-led coaching staff doesn’t trust him to play regular minutes in any lineup spot. In the nine games since he took over behind the bench, Perlini has played just twice and has seen the ice for a total (not average) of 11 minutes and one second. In yesterday’s loss to Carolina, he was given just nine shifts even in a game when they had just 11 forwards dressed and logged the lowest ice time of any forward on the Oilers.

With a $750K cap hit on a one-year deal, perhaps someone else will take a chance and try to coax out the player that scored 17 goals and 30 points in 2017-18, or even the one who had 12 goals in 46 games down the stretch for the Chicago Blackhawks in 2018-19. But more likely Perlini is headed back to the minor leagues, where he has played two games for the Bakersfield Condors this season.

In Lindbohm’s case, it’s a very different story. The 28-year-old defenseman must have signed a contract with the Panthers after his KHL season came to an end with Jokerit pulling out of the postseason this weekend. The former St. Louis Blues player hasn’t seen NHL action since 2016-17, and has spent the last four seasons playing overseas.

A big, mobile defenseman, Lindbohm just won gold at the Olympics with Finland and has been a strong contributor at both the Swiss and KHL levels over the last few years. He has just 40 games of NHL experience, but would provide Florida with another depth option as they trek toward the playoffs.

Tampa Bay Lightning Sign Bennett MacArthur

Stop if you’ve heard this one before: the Tampa Bay Lightning have signed an undrafted forward out of the QMJHL. Bennett MacArthur has signed a three-year entry-level contract with the Lightning that will begin in the 2022-23 season. He’ll continue to play with the Acadie-Bathurst Titan for the rest of this year. PuckPedia reports that the contract will carry an NHL cap hit of $859K.

MacArthur, 21, has put up huge numbers this season, scoring at nearly a goal-per-game pace. Twenty-five goals and 43 points in 26 games has earned him an NHL contract, and with a team that is famous for turning undrafted talent into legitimate contributors.

Yanni Gourde and Alex Barre-Boulet are recent examples of high-scoring QMJHL talent that went overlooked in the draft, but have made their way to the NHL in some capacity. MacArthur will try to follow those footsteps in an organization that has been the gold standard for development for the last several years.

The young forward attended development camp with the Arizona Coyotes last year and “learned a lot” about how to take care of his body and act like a professional. It appears to have paid off, as his outstanding season has landed him an NHL deal.

Henri Jokiharju Out Week-To-Week

The Buffalo Sabres released an updated injury report today, one that still includes Drake Caggiula and Malcolm Subban listed simply as “out” as they deal with long-term issues. Will Butcher, Vinnie Hinostroza, and Jack Quinn are all now day-to-day, suggesting they’ll be back in the near future, while Henri Jokiharju has joined Colin Miller and Zemgus Girgensons in the week-to-week category.

Jokiharju is the big news, as the young defenseman left a game last week but had not yet received an official timeline. The 22-year-old has really taken a step forward this season into the legitimate top-four option that many had projected when he was selected 29th overall in 2017, a role that he will now have to vacate while he works on his recovery.

In 36 games, Jokiharju has 12 points and is averaging more than 21 minutes a game. Most of that–in fact almost all of it–has come beside Rasmus Dahlin, giving the first-overall pick a stable defensive partner to help even out his development after some up-and-down years.

Both Jokiharju and the Sabres don’t have to worry about an injury affecting contract negotiations this time around, as the young defenseman signed a three-year, $7.5MM deal in September.