Teams Will Receive Cap Relief For COVID-Related Suspensions
One of the changes to the COVID protocols in the NHL for the upcoming season is the ability for teams to suspend players without pay who are “unable to participate in club activities” due to being unvaccinated. Deputy Commissioner Bill Daly confirmed to Postmedia’s Patrick Johnston that Section 50.10(c) of the CBA will apply in this scenario which means that teams who suspend an unvaccinated player under these protocols will receive corresponding cap relief for the day(s) the players are suspended for.
Among the scenarios where unvaccinated players could be suspended are government-imposed quarantine after crossing the border or the requirement of having the vaccine to be allowed to enter an arena which has popped up in a few states with NHL teams in recent weeks.
It has been suggested that the stricter protocols including the potential for suspension without pay have played a role in the high percentage of NHL players who have currently received the vaccine – a number that’s estimated to be at roughly 98%. With that in mind, the number of regular NHL players who aren’t vaccinated is quite low; Daly suggested to Ryan S. Clark, Mark Lazerus, and Joshua Kloke of The Athletic (subscription link) that they expect that 15 or fewer players fall under this category which means that they would be the only ones subject to this scenario.
It’s worth noting that while it could create an opportunity for teams to bank space during the season, it’d be an unwanted one as it would take a regular player out of the lineup and potentially force a recall from the AHL. Meanwhile, teams in LTIR would be able to bring a replacement up but wouldn’t be able to bank any cap space unless they were to dip under their respective Accruable Cap Space Limit as a result of the suspension. We’ll see over the coming months if this scenario winds up coming into play and whether it winds up having any sort of tangible salary cap impact for teams with an unvaccinated player.
Salary Cap Deep Dive: Seattle Kraken
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 heading into the 2021-22 season. 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.
Seattle Kraken
Current Cap Hit: $73,106,666 (under the $81.5MM Upper Limit)
Entry-Level Contracts
None projected to play a full-time role in the NHL this coming season.
One Year Remaining, Non-Entry-Level
F Mason Appleton ($900K, RFA)
F Colin Blackwell ($725K, UFA)
D Dennis Cholowski ($900K, RFA)
F Ryan Donato ($750K, RFA)
D Cale Fleury ($750K, RFA)
D Haydn Fleury ($1.4MM, UFA)
F Morgan Geekie ($750K, RFA)
D Mark Giordano ($6.75MM, UFA)
D Jeremy Lauzon ($825K, RFA)
F Kole Lind ($874K, RFA)
F Calle Jarnkrok ($2MM, UFA)
F Marcus Johansson ($1.5MM, UFA)
F Jared McCann ($2.94MM, RFA)
F Riley Sheahan ($850K, UFA)
F Carsen Twarynski ($750K, RFA)
McCann has shown flashes of being an above-average contributor in the past but hasn’t been able to do so consistently. He’ll get the chance to play a bigger role with Seattle and if it all comes together, he could be in line for a sizable pay bump next year. Jarnkrok has been on a bargain deal for the last five years and will also get to play a bigger role with a shot at bumping up his numbers before hitting the open market. Johansson and Sheahan are both coming off quiet years and have seen their value dip lately and will need stronger seasons to land guaranteed deals next summer. Appleton is coming off a strong season with Winnipeg and is already looking like a candidate to more than double his AAV next summer. A similar performance this season could triple it. Donato had to settle for a minimum contract after a tough year in San Jose but should be able to rebuild his value with the Kraken somewhat. Blackwell had a breakout year with the Rangers and is a candidate for a big jump in salary next summer. Geekie, Lind, and Twarynski will also be battling for depth roles but if they land a roster spot, it’s unlikely they’ll be able to land a big raise as they’d be in a limited role.
Giordano – who turns 38 next month – is nearing the end of his career but is still a capable top-four blueliner. He’s going to get an opportunity to play a bigger role than he probably should and he’s a candidate to be moved at the trade deadline to a contender who can cut his ice time. He’ll be going year to year from here on out and while his next deal will be cheaper than this, he could still command an AAV in the $5MM range. The Fleury brothers are at different stages of their careers. Haydn played close to the full season in 2020-21 and should be able to land a small raise a year from now while Cale was in the minors last season and is merely looking to stick on the roster. A limited role is likely which will yield a cheap deal next summer. Lauzon did well in Boston last year in his first stint of regular duty and with arbitration rights, he could double his current AAV next summer. Cholowski’s AAV is a little high for someone who may be on the fringes of making the roster but that may be by design in order to try to help sneak him through waivers next month.
Two Years Remaining
F Nathan Bastian ($825K, RFA)
D William Borgen ($900K, RFA)
F Joonas Donskoi ($3.9MM, UFA)
D Vince Dunn ($4MM, RFA)
D Carson Soucy ($2.75MM, UFA)
Donskoi hasn’t had a lot of consistent top-six opportunities but has surpassed the 30-point mark in each of the last four seasons. His price tag is a little high for his level of production but with a bigger role in Seattle, that could change. Bastian has basically just been an energy player in the early stages of his career and as long as he can hold down a spot on the roster, they won’t have any issues with his price tag. Gritty energy players can still land a pretty good payday as long as they can put up some production which is something Bastian will have to work on.
Dunn’s offensive production landed him a big raise this summer and it’s telling that Seattle opted for basically a second bridge contract to get one more opportunity to work out a long-term deal before he becomes UFA-eligible. He’s going to get the opportunity for a bigger role than he had with the Blues and if he can establish himself as a top-pairing player, that next deal could be quite a pricey one. Soucy is a serviceable third-pairing defenseman making a bit much for that role but Seattle has ample cap space to afford the small overpayment in the short term. Borgen is merely looking to establish himself as a regular NHL player so his next contract shouldn’t be much higher than this one unless he winds up in a big role fairly quickly.
Three Years Remaining
G Chris Driedger ($3.5MM, UFA)
F Jordan Eberle ($5.5MM, UFA)
F Alexander Wennberg ($4.5MM, UFA)
Eberle isn’t the top-line winger that he was in his prime but he’s still a fairly consistent secondary scorer. He’s going to be asked to do more than that in Seattle which could give him a chance to crack the 20-goal mark again, something he was on pace to do the last two shortened seasons. If he gets there, it may not be a bargain contract but they’ll get a reasonable return. Wennberg’s contract showed how difficult it is to land impact centers in free agency. He did well with Florida last season but was bought out by Columbus the year before after struggling in a top-six role and has only reached double-digit goals twice in his career. He’s going to have a big role with the Kraken and this is a contract that certainly carries some risk.
Driedger is one of the more impressive success stories in recent years. After bouncing around the minors, he finally got an opportunity with the Panthers and quickly became one of the better backups in the league. But with the late start, his track record is minimal – just 41 career NHL appearances and that includes playoff action. Landing a three-year commitment towards the upper echelon of price tags for a backup goaltender was pretty good, especially when it looked like he might be the starter. Of course, that changed early in free agency but Driedger should be able to still play enough games to justify the small premium for a backup netminder.
Chicago Blackhawks Sign Nolan Allan
The Chicago Blackhawks have signed first-round pick Nolan Allan to his three-year, entry-level contract. The deal will come with a cap hit of $870K and an AAV of $925K. Allan was the very last player off the board in the first round this year, selected with the Tampa Bay Lightning pick that Chicago received in the Seth Jones trade. PuckPedia provides the full breakdown of the deal:
2021-22: $750K salary, $92.5K signing bonus, $25K bonus at 5 NHL GP, $57.5K at 10 NHL GP
2022-23: $750K salary, $92.5K signing bonus, $25K bonus at 5 NHL GP, $57.5K at 10 NHL GP
2023-24: $832.5K salary, $92.5K signing bonus, no games played bonuses
Allan, 18, is a very interesting pick for the simple reason that he has basically shown no offensive upside to this point. The 6’2″ defenseman has just 11 points in his 81 WHL games to this point and is known almost entirely for his contributions in his own end. That’s why it was a surprise to some when the Blackhawks picked him at the end of the first round, but there’s certainly a lot to like about his defensive game.
He very well may cap out at a third-pairing defenseman in the NHL and some will critique the Blackhawks for not shooting higher with their selection, but the team obviously believes he can be a valuable piece of the puzzle. That certainly won’t be this season, though Allan will be taking part in the team’s rookie tournament that starts later this week. In all likelihood, he’ll go back to the WHL for another season to continue his development, which will also allow his contract to slide forward a year, not burning the first season of the entry-level deal.
PHR Live Chat Transcript: 09/16/21
Click here to read a transcript of this week’s live chat with PHR’s Gavin Lee.
New York Islanders Expected To Sign Paul LaDue
Sep 16: CapFriendly reports that the deal will be a one-year, two-way contract worth $750K at the NHL level, $275K in the AHL and includes a $325K minor league guarantee.
Sep 10: Free agent signings by the New York Islanders are difficult to officially pin down, given how the team refuses to announce them, but at least one more player is expected to end up there. Brad Elliott Schlossman of the Grand Forks Herald reports that Paul LaDue will sign with the Islanders, though does not give any contract details.
LaDue, 29, signed a one-way contract with the Washington Capitals for last season, but ended up spending the entire year on the practice squad or in the minor leagues. He didn’t suit up for a single NHL game, the first time that has happened since turning pro in 2016. Originally a sixth-round pick by the Los Angeles Kings in 2012, LaDue played three years for the University of North Dakota, winning a national championship in 2016.
At the NHL level, he’s played in 71 total games, all with the Kings and registered 19 points. The 6’2″ defenseman is a valuable depth piece, even if he has yet to prove he can handle a full-time role. With the Islanders, it’s unclear where LaDue fits in exactly, given how uncertain their depth chart is at this point. The team could very well have other players who have agreed to contracts that will be battling for those last few spots, or perhaps things are setting up for LaDue to secure a roster spot out of camp.
Even if he doesn’t secure that roster spot, LaDue represents solid injury insurance as the team attempts to go on another long playoff run.
Andy Andreoff, Dmytro Timashov Sign With Islanders
Official confirmation on anything New York Islanders-related is difficult to come by these days, but it appears as though two more players can be added to the unofficial organizational depth chart. Arthur Staple of The Athletic tweets that the team has signed Andy Andreoff and notes that Dmytro Timashov may also be back. CapFriendly reports that the Andreoff deal is a two-way contract worth $750K at the NHL level, $275K in the AHL and includes a $325K minor league guarantee. They add that Timashov’s deal is a two-way contract worth $750K at the NHL level, $160K in the AHL and includes a $205K minor league guarantee. Both are for just one year.
The 30-year-old Andreoff actually has 179 games under his belt to this point in his NHL career, though just 20 of those have come since the end of the 2017-18 season. A former full-time member of the Los Angeles Kings, he’s been forced to spend most of the last few years in the minor leagues. In 2020-21, he played in six games with the Philadelphia Flyers, going scoreless and registering nine penalty minutes.
Timashov, 24, is perhaps more exciting, given his relative youth and offensive upside. The former Toronto Maple Leafs forward spent last season with the Islanders organization on a one-year, two-way deal, but was not extended a qualifying offer this summer. Timashov would have been arbitration-eligible but became an unrestricted free agent when he failed to receive a QO. Though he played in just one game at the NHL level and has just 45 under his belt to this point, the fifth-round pick is still a somewhat intriguing option because of the scoring numbers he has put up at the minor league level.
He had 11 points in 22 games for the Bridgeport Sound Tigers this season but scored 49 in 72 the last time he played a full season in the minor leagues. A Calder Cup winner with the Toronto Marlies, he could provide some interesting bottom-six depth for the Islanders this season.
Andrew Ladd Healthy, Ready To Resume NHL Career
You may have thought Andrew Ladd was retired. You wouldn’t be alone, but you’d be wrong. The veteran forward confirmed exactly that to Eric Duhatschek of The Athletic, explaining that not only is he still active, but he’s healthy and ready to contribute for the Arizona Coyotes this season. Ladd was acquired by the Coyotes in July as part of a salary dump by the New York Islanders, heading to the desert along with a package of draft picks in exchange for future considerations.
Even though he intends on playing, there still appears to be some doubt on how long his career can last. The conditions on the final pick included in that trade are that it only goes to Arizona if Ladd fails to play in a single professional game during the 2022-23 season or retires prior to that campaign. Yes, the 35-year-old is not only under contract for this season but also next, on the seven-year, $38.5MM deal he signed with the Islanders in 2016. He’ll carry a $5.5MM cap hit through 2022-23, though his actual salary is a bit less than that.
It’s hard to remember now, but Ladd was actually active during the 2019-20 season for the Islanders, playing 34 games for the Bridgeport Sound Tigers before a call-up in March. Unfortunately, that call-up was cut short when the league shut down due to the rising COVID-19 situation, but Ladd also dressed for a postseason game for the Islanders that summer. In 2020-21, he played just a single game for the Sound Tigers, but he’s ready to resume his career and go for that 1,000 regular season games played mark that so few are able to achieve.
For the Coyotes, who are clearly in a rebuild, Ladd represents lots of positive opportunities. Not only did they receive draft picks to take on his contract, but it helps them get to the cap floor and the veteran forward can provide some leadership on the ice in what will likely be a difficult season. He joins fellow 35+ players like Loui Eriksson, Jay Beagle, Anton Stralman, and Carter Hutton on the roster, a group that will help guide the younger players in the roster along the way. Ladd, who served as captain with the Atlanta Thrashers/Winnipeg Jets before his time in New York, has always been considered a well-respected leader in the league. He’ll have a brand new challenge this season as he looks to play out his final few years, reaching personal milestones along the way.
Photo courtesy of USA Today Sports Images
Minor Transactions: 09/16/21
Prospect tournaments are underway and NHL training camp is right around the corner. Though there won’t be huge changes to the rosters at the highest level for a few weeks, minor league teams are still working to find the right mix. As always, we’ll keep track of all the notable minor moves right here.
- Cameron Gaunce will be in Los Angeles Kings camp on a professional tryout according to John Hoven of SiriusXM NHL, though that’s more of a showcase for the Ontario Reign than anything else. Gaunce, 31, has just 37 NHL games under his belt and just five since the end of the 2016-17 season. He is however one of the best defensemen in the minor leagues, meaning he could very well land another two-way NHL contract but spend the majority of the season in the AHL.
- Greg Meireles, who played three games for the Syracuse Crunch last season but spent most of his time in the ECHL, has signed a one-year deal with the Manitoba Moose. The 22-year-old forward was a sixth-round pick by the Florida Panthers in 2019 but became a free agent earlier this year when he failed to sign his entry-level contract. He’ll now take his talents back to Canada to play for the Moose and try to establish himself as an AHL player.
This page will be updated as further transactions are reported
Vladislav Kotkov Signs In KHL
September 16: After seeing his contract terminated, Kotkov is headed back to the KHL as expected. The young forward has signed a two-year deal with CSKA Moscow of the KHL. An unrestricted free agent, if he ever wants to return to North America he will not be limited to the Sharks.
September 11: The Sharks are parting ways with one of their prospects as Sheng Peng of San Jose Hockey Now reports (Twitter link) that they have placed winger Vladislav Kotkov on unconditional waivers for the purposes of contract termination.
The 21-year-old went undrafted in 2018 but did well enough as an invite to San Jose’s development camp to earn an entry-level deal just two weeks after the draft. He spent last season playing his final year in the QMJHL, notching nine goals and ten assists in 16 games with Saint John while chipping in with four assists in five playoff contests. Kotkov also got into one AHL playoff game with the Barracuda.
With two years remaining on his contract, this news is a little surprising as Kotkov is still young enough to be considered a viable NHL prospect and with just two career AHL contests under his belt, it’s not as if he has played enough for San Jose to give up on him. Speculatively, there may be an offer waiting for him back home and if San Jose, who is fairly tight to the 50-contract limit once expected slides are factored in, didn’t want to loan him to play overseas where he’d still count against the limit, then this course of action makes sense. If Kotkov passes through unclaimed, the Sharks will be able to terminate his contract on Sunday.
League Notes: Salary Cap, Kane, Vaccine Status
During the league’s media tour today, deputy commissioner Bill Daly spoke with several outlets including Sportsnet’s Elliotte Friedman to answer questions and discuss several topics related to the upcoming season. One that doesn’t have a direct impact on this year’s campaign however is the expected $1MM rise in the salary cap ceiling for 2022-23, which Daly confirmed today. Though it isn’t official until revenue figures come through, this is what Frank Seravalli of Daily Faceoff reported at the beginning of August when he examined the current revenue projections.
That increase shouldn’t come as a sign everything is back to normal though. Seravalli’s report indicated that the cap ceiling would not see a significant increase until 2026-27, given the huge escrow debt the players have to pay off. While a $1MM increase gives teams a little bit of wiggle room, they are still in a relatively flat cap situation for the next few years.
- Daly also told Friedman that the investigation into allegations that Evander Kane gambled on NHL games is still expected to conclude before training camp opens later this month. Though he explains that a report will come out, it’s still unclear whether it will be entirely available to the public. The league opened an investigation into Kane after his estranged wife, Anna Kane, posted accusations on social media claiming that the San Jose Sharks forward bet on games he was involved in; he denied those claims.
- Speaking with Seravalli, Daly explained that the league currently projects 98% of their players will be fully vaccinated by the start of the season. The deputy commissioner expects just 10-15 total players will be unvaccinated, though that obviously depends on final roster cuts. Those players will be subject to stricter protocols this season, and could face withheld pay for games missed due to COVID-19.