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Capitals Sign Cam Allen To Entry-Level Contract

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The Washington Capitals got some work done today regarding one of the draft selections from the 2023 NHL Draft. The organization announced they have signed defenseman Cam Allen to a three-year, entry-level contract with an average annual value of $866.7K at the NHL level.

The Capitals drafted Allen with the 136th overall pick of the 2023 NHL Draft out of the Guelph Storm program of the Ontario Hockey League. During his draft season, Allen scored five goals and 25 points for the Storm in 62 games which was good for third on the team in scoring amongst defensemen. There may be concerns about Allen’s discipline as he finished second on the team in penalty minutes with 72.

This past season, Allen only managed to suit up in 25 games for Guelph as he recovered from an injury towards the beginning of the season. The young defenseman scored two goals and nine points for the Storm down the stretch while collecting 23 penalty minutes and posting a -7 rating. Allen was largely ineffective in Guelph’s appearance in the OHL playoffs this year as he registered zero points in four games and the team was quickly swept in the first round by the Sault Ste. Marie Greyhounds.

Before the 2023 NHL Draft, Allen was ranked 12th among North American defensemen by NHL Central Scouting due to his play for Team Canada at the international level. During his draft year, Allen scored one goal and seven points over five games in the Hlinka Gretzky Cup and four assists in seven games during the under-18 World Junior Championship. Allen served as team captain on both renditions of Team Canada’s roster.

Sharks Sign Macklin Celebrini To Entry-Level Contract

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A little after a week drafting him with the first overall pick of the 2024 NHL Draft the San Jose Sharks have locked up their new player. The team announced they have signed Macklin Celebrini to a three-year, entry-level contract starting in the 2024-25 NHL season.

According to Puckpedia, Celebrini will make a base salary of $877.5K each year of his entry-level deal. Additionally, the team has offered Celebrini the maximum amount of signing bonuses possible, as he will receive a signing bonus of $97K, Group “A” performance bonuses totaling, $1MM, and Group “B” performance bonuses of $2.5MM in all three years which could bring his AAV up $4.475MM if all conditions are met.

The signing confirms that Celebrini will suit up for the Sharks next season as players become ineligible for NCAA participation after signing professional contracts. The young prospect will become a one-and-done player with Boston University and move to the Bay Area to start his professional career.

It was not a bad lone collegiate season for Celebrini as he joined the Terrier program after spending one season with the Chicago Steel of the USHL in the year prior. In 38 games for Boston University this past season, Celebrini scored 32 goals and 64 points which was good for third in league-scoring in his freshman campaign. At the end of the season, Celebrini was named the Hockey East Player of the Year, Hockey East Rookie of the Year, Hockey East Scoring Champion, Hockey East Three Stars Award, and the Hobey Baker Award winner.

Celebrini became the youngest player in NCAA history to win the Hobey Baker and the fourth freshman all-time behind Paul Kariya (1993), Jack Eichel (2015), and Adam Fantilli (2023). Celebrini became the unanimous best prospect in the 2024 NHL Draft by achieving such a dominant season in the American collegiate scene. He will continue his rise to stardom in the Sharks organization as the team looks to rebuild its team from the ground up. San Jose has not quite taken the next step to be considered a playoff contender for the 2024-25 NHL season but they should be exciting to watch with Celebrini and former fourth overall pick of the 2023 NHL Draft, Will Smith, on the roster after signing his entry-level contract at the end of May.

Agent For Leon Draisaitl: Ball Is In Oilers’ Court For Extension Talks

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With the bulk of the heavy lifting already done in the 2024 class of unrestricted free agents, many have started looking ahead to a 2025 group that is currently star-studded.  Among the headliners is Oilers center Leon Draisaitl who, despite making $8.5MM per season, has been one of the better bargains in the NHL in recent years.  That should soon change as the 28-year-old will undoubtedly become one of the NHL’s highest-paid players on his next contract.

How soon that next deal comes is still under question.  Edmonton is currently without a GM following the departure of Ken Holland with team president Jeff Jackson serving in the interim role; Jackson has previously indicated that he doesn’t want to take on the full-time managerial position.  To that end, the search for a full-time replacement for Holland is ongoing and it makes sense for that hire to be in place before any substantive discussions get underway.

However, it appears that Draisaitl’s European-based agent feels there’s a deadline to get this done.  Speaking with Eishockey News’ Michael Bauer, Jiri Poner indicated that the end of the summer might be the deadline to get a deal in place:

There’s no rush yet, but either it happens quickly, i.e. by the end of August, or it doesn’t work out at all. It will also become clear whether Edmonton really wants him or not. Leon holds all the trump cards.

Technically, Edmonton can negotiate with Draisaitl right up to free agency next July so this stance from Poner suggests that Draisaitl’s preference might be to set a hard line of not negotiating during the season.  If that’s the case, whoever takes over as GM won’t have much time to work out an agreement to keep him in the fold.

Draisaitl has passed the 100-point mark in five of the last six seasons and over that stretch, he has the second-most points in the NHL.  His teammate, Connor McDavid, is the only one ahead of him.  With McDavid’s current contract coming back in 2017, his $12.5MM AAV doesn’t stand as a great comparable.  However, the recent $13.25MM AAV that Auston Matthews received from Toronto last year could very well be in play, especially if he makes it to the open market next summer.

Can Edmonton afford to pay Draisaitl market value for 2025-26 knowing that McDavid’s deal will be up a year later and cost considerably more?  That’s a question the new GM will have to answer relatively quickly given Poner’s comments regarding a possible deadline for talks.  Having said that, Poner did add that he’s very confident that the two sides will be able to hammer out a deal to keep Draisaitl in an Oilers uniform for years to come.

Capitals Sign Ilya Protas

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3:15 PM: The Capitals have officially announced the contract.

12:35 PM: A day after signing their first-round pick, the Capitals have signed another one of their 2024 draft picks.  Dan Milstein, the agent for Ilya Protas, announced (Twitter link) that Washington has signed the forward to a three-year, entry-level contract.  Financial terms were not disclosed but PuckPedia reports (Twitter link) that the deal carries a cap hit of $889K and an AAV of $975K if he reaches his games played bonuses each season.

The 17-year-old was the 75th pick last month, going in the third round.  Protas spent 2022-23 in the Belarusian junior system before coming to North America last season, suiting up with USHL Des Moines.  He had a solid first season with them, collecting 14 goals and 37 assists in 61 games which helped get him on the draft radar.

Protas is the younger brother of Capitals center Aliaksei Protas, who is coming off his best season, one that earned him a five-year deal along the way.  However, it will be a while before the two have a chance to play together.

By signing his entry-level contract, Protas will no longer be able to go the NCAA route.  Accordingly, his two most likely options for next season are to remain with Des Moines or to go to the CHL.  In this week’s Import Draft, Protas was the first player to be picked by an OHL team, going third overall to Windsor.  By picking him that early, the Spitfires are likely quite confident that they’ll be able to get Protas onto their roster for next season.

As long as Protas doesn’t play in more than nine NHL games next season (a likely scenario at this point), his contract will eventually slide and will still have three years remaining on it heading into the 2025-26 campaign.

Capitals Notes: Chychrun, Oshie, Saulnier

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The Capitals made a big addition on their back end earlier this month with the acquisition of Jakob Chychrun from Ottawa in exchange for Nick Jensen and a third-round pick.  With Chychrun in the final year of his contract, he’s now extension-eligible.  However, GM Brian MacLellan indicated earlier this week (video link) that they won’t be rushing to get a new contract in place.  Instead, they’ll wait to evaluate his fit with the team before beginning those discussions.  The 26-year-old matched his career high in points last season with 41 and carries an AAV of $4.6MM, suggesting that he’ll be in line for a considerable raise starting in the 2025-26 campaign whenever negotiations on a new contract begin.

More from Washington:

  • In a recent appearance on the NHL Network (video link), winger T.J. Oshie provided an update on his injured back. The veteran has been reaching out to different specialists to try to find a long-term solution to his ongoing back issues but they’re running out of new options to try.  The 37-year-old battled the injury throughout last season, putting up a career-low 25 points in 52 games.  However, Oshie indicated he doesn’t want to go through the same struggles to play next season which has led to some speculation that he could wind up on LTIR.  Considering the Caps are more than $13MM above the Upper Limit, per CapFriendly, Washington’s offseason spending suggests that they believe Oshie will ultimately land on LTIR which, coupled with Nicklas Backstrom staying there, would get them cap-compliant for next season.
  • Their farm team in Hershey announced the signing of winger Brennan Saulnier to a one-year deal. The 30-year-old played in 36 games with AHL Belleville last season, recording three goals, four assists, and 94 penalty minutes playing primarily on the fourth line.  Saulnier is likely to have a similar role for the reigning Calder Cup champions.

Wild Re-Sign Declan Chisholm

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Minnesota had just one remaining restricted free agent who saw regular NHL action with them last season and they’ve quickly reached an agreement with that player.  Michael Russo of The Athletic reports (Twitter link) that the Wild have inked blueliner Declan Chisholm to a one-year, $1MM contract.  Chisholm was eligible to file for salary arbitration by yesterday’s deadline but elected not to do so.

The 24-year-old was a productive blueliner in Winnipeg’s system but failed to land a full-time spot with them over his entry-level contract.  That led to a one-year, two-way deal for the league minimum last season where he was waiver-eligible.  The Jets didn’t want to lose Chisholm for nothing at the end of training camp but weren’t confident enough to play him.  As a result, he got into just two games with them before finally being waived in late January where he was promptly claimed by the Wild.

With Minnesota, Chisholm became much more of a regular, getting into 29 games with them over the final three months when he had eight points and 36 blocked shots in a little under 17 minutes a night.  While that output pales in comparison to the 43 points he had in the minors the year before, the fact he was able to lock down a regular role demonstrated that his defensive game improved enough to the point where he could be relied on.

This deal represents a low-risk move for the Wild as $1MM for someone who can hold their own on the third pairing represents strong value.  At the moment, Minnesota has just six regular blueliners under contract for next season so it wouldn’t be surprising to see them shop around for some more depth over the coming weeks.  However, with minimal cap space to work with, they’ll have to shop for some lower-cost options.

Jets Re-Sign Logan Stanley And David Gustafsson

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The Jets took care of a pair of their restricted free agents on Saturday, announcing the re-signings of defenseman Logan Stanley and center David Gustafsson to two-year contracts.  Stanley will carry a $1.25MM AAV while Gustafsson checks in at $835K.  Both players were eligible to file for salary arbitration but elected not to do so on Friday.

Stanley was a first-round pick by Winnipeg back in 2016, going 18th overall.  At the time, they were hoping that they’d secured a key cog of their future back end.  However, that has yet to become the case.

Playing time has been hard to come by for the 26-year-old in recent years.  He played in just 19 games in 2022-23, leading to an indication that he wouldn’t mind a change of scenery.  He wound up re-signing the following summer but the lack of playing time continued as Stanley got into just 25 games last season where he had one goal and one assist while logging less than 14 minutes a night.  He also saw action in three of their five playoff contests.

However, with Brenden Dillon departing in free agency, there could be an opportunity for Stanley to play more of a regular role next season although Ville Heinola (who is now waiver-eligible) is likely to be in the mix there as well.  This deal gives him a $250K raise while Winnipeg gets an extra year of club control to see if Stanley can become at least a regular part of their back end.

As for Gustafsson, the 24-year-old was a late second-round pick in 2018 (60th overall) and spent most of last year with Winnipeg, albeit in a limited role.  He suited up in 39 games last season, picking up three goals and four assists in just over nine minutes a night of action while winning more than 54% of his faceoffs.  He got into four postseason contests, scoring once.  Gustafsson also played in six regular season games with AHL Manitoba where he collected three assists.

Gustafsson won’t have the option of returning to the Moose next season without going through waivers first.  The likelier scenario is that he once again stays in the mix to anchor the fourth line or hold onto the 13th spot on Winnipeg’s forward group.  He will still have another year of RFA eligibility once this contract ends.

With these signings, the Jets are down to four remaining restricted free agents.  On the back end, Heinola, newly-acquired Dylan Coghlan, and Simon Lundmark need new deals while up front, Cole Perfetti still needs to be signed.  They have a little over $4.25MM in remaining cap space, per CapFriendly.

Latest On Yaroslav Askarov

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Since he was drafted 11th overall in 2020, it had been widely expected that Yaroslav Askarov would eventually become the long-term goalie for the Predators.  However, the eight-year, $61.92MM contract extension they handed Juuse Saros earlier this week that runs through the 2033-34 campaign immediately called Askarov’s future with the franchise in question.

In a recent interview with Championat’s Pavel Panyshev, Askarov’s agent Dan Milstein further clouded Askarov’s future with Nashville, stating that he’s working with the club on different options when it comes to the young netminder and that he has proven that he’s an NHL player.

That last part is a bit difficult to agree with considering that Askarov has all of three career NHL appearances under his belt.  While he has fared well in those games with a 2.58 GAA and a .914 SV%, it’s still too small of a definitive sample size to draw any meaningful conclusions from.

Having said that, the 22-year-old had a strong sophomore year at the AHL level, showing he’s progressing well toward becoming the impactful NHL netminder many expect him to be.  Askarov played in 44 games with Milwaukee last season, matching the .911 SV% from his rookie campaign while shaving 30 points off his GAA, bringing it down to 2.39, ranking him fifth league-wide among qualifying netminders.

Askarov remains waiver-exempt for the next two seasons so this is something that, in theory, GM Barry Trotz could simply punt on for the time being, thereby keeping the netminder in the top role with the Admirals.  That timeframe coincides with the length of contract handed to veteran Scott Wedgewood who was brought in as part of their July 1st spending spree so, in theory, Askarov would then move into the second-string role for the 2026-27 campaign.

But Milstein’s comments suggest that they have a different idea in mind, one that will get his client to a regular NHL role much sooner than that.  This isn’t the first time Askarov has been in trade speculation as it was widely reported that he was in play at the 2023 draft in an effort to move up in the first round but no suitable trade came to fruition.

If Trotz does opt to once again look into an Askarov trade, he will have some challenges.  The team is pretty much capped out as a result of their offseason movement so far; they’re at a point where they might be trying to save a few bucks to have a shot at carrying more than a minimum-sized roster.  That will limit them to trading for future assets, either draft picks or prospects.  Speculatively, with the moves they’ve made so far, the latter might be their preferred option, getting someone around Askarov’s age who is close to being NHL-ready and could be called upon when injuries strike.

The moment Saros agreed to his max-term extension, the long-term future of Askarov with the Predators was called into question.  Based on what his agent is suggesting, it might be fair to wonder about his short-term future with them as well.

Photo courtesy of USA Today Sports Images.

Jets Acquire Dylan Coghlan From Hurricanes

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Saturday: The deal is now official, per an announcement from the Hurricanes.  The official return is future considerations.

Friday: The Jets are set to acquire the signing rights to RFA defenseman Dylan Coghlan from the Hurricanes, according to Sportsnet’s Elliotte Friedman. Winnipeg is sending a conditional seventh-round pick to Carolina in return, per Tony Androckitis of Inside AHL Hockey.

Coghlan, 26, went undrafted but got his start back in 2017 when the Golden Knights signed him to an entry-level contract. Coghlan developed well in Vegas, spending another year back in juniors and another two in the AHL before jumping to a taxi squad role for the 2020-21 season. He avoided any minor league assignments with the Knights after that, recording 19 points in 88 games during the following two seasons while primarily serving as their extra defenseman. His time in Nevada came to an end when he was sent to Carolina as a sweetener to take the final season of Max Pacioretty’s deal in the summer of 2022.

The right-shot blue liner struggled to find a role with the Canes, though. He spent most of the 2022-23 season in the press box, only appearing in 17 games (three assists, -1 rating, 12:43 ATOI). He also had two goals and an assist in five games on a conditioning loan to AHL Chicago in December.

The Canes liked him enough to qualify and re-sign him on a one-way, $850K deal last summer, leading most to believe he’d be on their opening night roster. That wasn’t the case, though, as he failed to crack the team out of camp and was waived in October. Without a dedicated AHL affiliate last season, the Hurricanes found a home for him on loan to the Springfield Thunderbirds, the Blues’ primary affiliate.

Coghlan earned a couple of recalls throughout the season that resulted in a lone appearance for Carolina, but he otherwise played with a chip on his shoulder in Springfield as he looked to give himself another NHL chance. The British Columbia-born defender suited up in 61 games for the T-Birds, earning an All-Star Game appearance and leading all AHL defensemen in goals with 16. He added 25 assists for 41 points, breaking his previous career high of 40 set in his first pro season.

He’ll look to leverage that shot and his 6’2″, 207-lb frame into a roster spot with the Jets in the fall, assuming he signs a new deal. Winnipeg is looking for added defensive depth after losing Brenden Dillon to the Devils in free agency and buying out Nate Schmidt. They’ve already made one acquisition in veteran Colin Miller, who will be Coghlan’s chief competitor for minutes as a fellow right-shooting D-man. They’ll likely rotate in bottom-pairing minutes behind Dylan DeMelo and Neal Pionk.

Rangers Loan Kalle Vaisanen To Finnish League For 2024-25 Season

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Back in April, the Rangers signed winger Kalle Vaisanen to his entry-level deal and it looked like he’d be playing his first full season in North America in 2024-25.  However, that won’t be the case as Ilves in Finland’s Liiga announced that New York has agreed to loan Vaisanen to them for the upcoming year although he might participate in training camp with the Rangers in the fall before going over.

The 21-year-old was a fourth-round pick by New York back in 2021, going 106th overall after a strong showing offensively in Finland’s junior system.  Vaisanen has spent the last two full seasons at the top level but unfortunately for him, production has been rather difficult to come by.  He had five points in 47 games in 2022-23 and only boosted that output to nine goals and five helpers in 58 games with TPS last season but impressed enough to get his first contract and a late-season stint with AHL Hartford.

While it would have made sense for Vaisanen to get a full season in with the Wolf Pack, they’ve decided it’s better to let him get another year in back at home though he’ll now do so with a new team.  Once his campaign in Finland comes to an end, Vaisanen will likely return to North America and could very well get into a handful of games in Hartford as he did last season.

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