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Stars To Place Joel Hanley On Waivers

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The Stars will place veteran defenseman Joel Hanley on waivers today at 1 p.m. CT with intent to assign him to AHL Texas, head coach Peter DeBoer told reporters (via Stars radio analyst Bruce LeVine).

Hanley, 32, has been a healthy scratch in two straight upon the returns of Jani Hakanpää and Nils Lundkvist from injuries. With the pending availability of Chris Tanev after his visa issues post-trade from Calgary get resolved, Hanley was relegated to the eighth slot on the Stars’ defensive depth chart.

DeBoer confirmed Hanley’s demotion is salary cap-related, not performance-based. He’s been a solid stabilizing presence at the bottom of the Dallas lineup since joining the team in 2018, memorably factoring into an unexpected lineup spot in the Stars’ run to the 2020 Stanley Cup Final.

The Stars haven’t attempted to assign Hanley to the minors since before the pandemic, keeping him around as a full-time extra for the past four years. He’s skated in 32 games for the Stars this year, recording three assists and a +3 rating while averaging 13:41 per game. He’s also boasted strong possession numbers, recording a 55.1 CF% at even strength and a +0.6 expected rating.

Teams will have 24 hours to submit a claim for Hanley, who could find a new home on a team looking for quality, cheap defensive depth down the stretch. Hanley is signed to a two-year deal carrying a $787.5K cap hit and will be a UFA in 2025, so any team picking him up will get his services next season as well.

Clearing Hanley’s cap hit, either via losing him on waivers or assigning him to Texas, will take the Stars out of LTIR and give them the necessary cap space to activate winger Evgenii Dadonov when he’s ready to return. It also offers Dallas room to recall and keep rookie forward Logan Stankoven, who’s impressed with three goals and an assist through his first five NHL games, on the roster longer-term.

Capitals Reassign Pierrick Dube

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The Capitals have returned winger Pierrick Dube to the AHL’s Hershey Bears, per a team release issued Monday. The 23-year-old’s first NHL call-up ends after three games played over the last two weeks.

An undrafted free agent signed by the Caps last summer, Dubé has exploded to lead the league-dominating Bears with 24 goals in 50 games. GM Brian MacLellan nabbed his services with a two-year, entry-level contract worth $1.9MM.

The right-winger played three straight contests to close out February but was a healthy scratch in Washington’s last two games. The French youngster recorded a +1 rating, 2 PIMs, and three shots on goal, averaging 9:20 per game.

Dubé remains waiver-exempt and can be assigned to Hershey at the Capitals’ discretion. Assigning him to the minors leaves them with an open roster spot and $3.74MM in cap space. He’ll likely remain high on the list of call-up options for the Caps down the stretch run should injuries or trades force them to rely on their AHL depth.

He rejoins a Hershey squad that’s torn through the AHL this year with a 41-10-4 record, sitting in first place in the league. However, they’ve dropped their last two games by a score of 1-0 and could sorely use his offense to get back in the win column.

Predators Sign Tommy Novak To Extension

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12:25 p.m.: Nashville has made the deal official, confirming the length and value.

12:10 p.m.: The Predators are signing center Tommy Novak to a three-year contract extension, Elliotte Friedman of Sportsnet reports. Per Friedman, the deal carries an AAV of $3.5MM, working out to $10.5MM in total value.

As such, one of the top value center options available at the trade deadline is likely off the market. Novak, 26, has been one of the best per-minute producers in the league since last season, accumulating 30 goals and 77 points in 102 games while averaging only 14:31 per contest.

It’s a considerable raise for Novak, who inked a dirt-cheap one-year, $800K extension to remain a Predator in February 2023. The Minnesota native was a third-round pick of the squad in 2015, although he played a full four seasons of college puck with the University of Minnesota and another two years of AHL and ECHL hockey before making his major-league debut in 2021-22.

Now solidified as a full-time NHLer, Novak will continue to take advantage of some lesser competition while shouldering third-line minutes at even strength. An unexpected offensive breakout from shutdown center Colton Sissons has allowed him to occupy a second-line center role behind Ryan O’Reilly, taking difficult defensive matchups off Novak’s hands.

In 51 contests this year, Novak has 13 goals, 21 assists, 34 points, and a -7 rating while averaging 14:22 per game. Perhaps his most significant deficiency is his skill in the dot — he’s won just 44.2% of his draws — but he’s made up for it by dominating his matchups possession-wise with a 55.8 CF% at even strength. That’s because he’s among the league leaders in even-strength offensive zone time at 45.3%, sitting in the 95th percentile among NHL forwards this season, per NHL EDGE.

Nashville GM Barry Trotz has his best bottom-six threat locked in through 2027, at which point he’ll be a UFA. The Predators now have $22.4MM in projected cap space in 2024-25 with a roster size of 13, which could be a tight squeeze to fill 10 roster spots. However, the Predators don’t have many high-caliber pending free agents, so Trotz should have some flexibility to continue retooling Nashville’s roster as they attempt to ascend from playoff hopeful to championship contender.

Dylan Larkin Out 2 Weeks With Lower-Body Injury

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Red Wings captain Dylan Larkin will miss approximately two weeks with a lower-body injury, head coach Derek Lalonde said Monday.

Larkin sustained the injury in Saturday’s 4-0 loss to the Panthers, although it’s unclear which play caused it. He did not play the final 10 minutes of the third period and was replaced by Joe Veleno on his line with Patrick Kane and Lucas Raymond for their final two shifts.

With their captain out for a crucial stretch of games as they try and maintain their grip on a wild-card spot in the Eastern Conference, Detroit’s recent record becomes all the more critical. They’ve gone 7-4-0 since the All-Star break, giving themselves a six-point cushion on a playoff spot with one more game played than the ninth-place Islanders. While they’ve posted a +6 goal differential in that time, their shot differential was -23, highlighting some concern. They were outshot 64-46 over their past two games, both losses against the Isles and Panthers.

Larkin remains the focal point of the Red Wings’ offense, leading the team with 26 goals and 54 points in 55 games. His 19:52 average time on ice is the highest among Detroit forwards, as is his 54.7 FO%. He has a team-high 51.4 CF% at even strength, although that hasn’t translated into dominating shot quality. His expected -3.6 rating places him in the middle of the pack among Red Wings skaters.

The 24-year-old Veleno will occupy Larkin’s top-line role for now, per multiple reports. He will center Kane and Alex DeBrincat as the Red Wings embark on a four-game road trip that concludes with a pivotal matchup against the Sabres for both teams next week.

Veleno, the 30th overall pick in 2018, has been elevated in the lineup multiple times this year but hasn’t quite done enough to solidify a top-six role. A 100-point scorer at the major junior level, COVID partially derailed his development, but he’s still settled into a top-nine role with decent long-term certainty. He has 11 goals and 26 points in 59 games this year while averaging 14:32, all career highs. However, his possession impacts are markedly worse than Larkin’s, recording a 45.6 CF% at even strength and a -5.9 expected rating. His performance in a top-line role is something to monitor for a Detroit team that’s already struggled to dominate the shot counter as of late.

Larkin can be placed on IR to free up roster space, but the expected length of his absence doesn’t make him eligible for LTIR to free up salary cap space ahead of the March 8 trade deadline. Lalonde said Monday that he doesn’t anticipate making any initial recalls to replace Larkin, so he may remain on the active roster unless another forward sustains an injury.

Flames Recall Matthew Coronato

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The Flames have recalled one of their top forward prospects, summoning winger Matthew Coronato to the NHL for the third time this season. With a roster spot previously open, no corresponding transactions are needed.

Coronato is expected to replace another rookie forward, Connor Zary, in the lineup against the Kraken tonight. The 22-year-old is listed as day-to-day with an upper-body injury sustained in Saturday’s comeback win over the Penguins, per the team.

Coronato, 21, was Calgary’s first-round pick in 2021. Since being selected 13th overall that year, the speedy winger has exceeded his expected benchmarks, eclipsing the point-per-game mark in his two seasons playing collegiate hockey at Harvard.

In his first full season of professional hockey, Coronato has dominated at the minor-league level with the AHL’s Calgary Wranglers. His 27 assists and 42 points in 40 games lead the team and are second in rookie scoring league-wide behind Stars prospect Logan Stankoven.

He’s yet to blow the doors off in the majors, scoring a goal and two assists in 15 appearances with the Flames across his various recalls this year. He’s been given a bit of runway, too, averaging 14:11 per game under first-year head coach Ryan Huska, showing that a bit of AHL time to adjust to the pro game is the right call.

Losing Zary, Calgary’s first-round pick a year before Coronato, is not a tiny bit of news for a Flames team trying to crawl their way into a playoff spot. His 29 points through 50 games after an early-season callup from the Wranglers have him positioned to earn a fair amount of Calder Trophy votes, and he’s slid relatively seamlessly into shouldering top-nine minutes. Calgary is 7-3-0 in their last 10 games, but they remain seven points behind the eighth-place Predators with two games in hand for the final playoff spot in the Western Conference.

Avalanche, Oilers Pursuing Adam Henrique

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The Avalanche and Oilers are among the teams that have expressed interest in Ducks forward Adam Henrique ahead of the March 8 trade deadline, Elliotte Friedman of Sportsnet said Monday. Now on an expiring deal with a $5.825MM cap hit, the 34-year-old Henrique is nearly guaranteed to be moved in the coming days after receiving strong interest from contenders going back months.

Both teams have 2024 first-round picks to dangle for Henrique, and Edmonton has made it known theirs is on the table. However, it appears they’re more likely to leverage that asset for a defenseman – meaning, speculatively, that their offer for Henrique revolves around a high-end prospect, not a pick.

Henrique would immediately slot into a second-line role for either team, although he’d more likely be utilized as a center in Colorado. He, along with Valeri Nichushkin, would anchor the Avs’ second line behind their top unit of Artturi Lehkonen, Nathan MacKinnon and Mikko Rantanen. That’s not considering the potential return of captain Gabriel Landeskog from back-to-back knee surgeries during the postseason, which could give them an absolutely dominant two-way trio of Henrique, Lehkonen and Nichushkin backing up their stars.

The Ducks are expected to retain 50% of Henrique’s salary in a potential deal, bringing his cap hit down to $2.91MM. Colorado and Edmonton would need to carry a third party into trade talks to retain an additional 25% of his salary to remain cap-compliant. The Avs have $2.23MM in projected deadline space, while the Oilers have $2.37MM with an artificially small 21-player roster. At a 75% discount, Henrique would cost $1.46MM against the cap.

For Edmonton, Henrique would help stabilize a second line alongside Leon Draisaitl or Ryan Nugent-Hopkins at center. He also helps shelter Evander Kane on the opposite wing, whose possession impacts have been considerably worse than his linemates.

Henrique is among the Ducks’ scoring leaders with 18 goals, 24 assists and 42 points in 60 games. In addition to logging 17:35 per game and winning 53% of his draws, Henrique has some of the better possession stats on the team, boasting a 48.2 CF% at even strength. The Brantford, Ontario, native reached the Stanley Cup Final as a rookie with the Devils in 2012 and earned Selke Trophy votes in 2013 and 2016.

East Notes: Bolduc, Konecny, Merzļikins, Lyubushkin

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The Islanders have reinstated defenseman Samuel Bolduc after assigning him to AHL Bridgeport on a conditioning loan late last month, Stefen Rosner of NHL.com reports. Bolduc remained on the active roster and counted against the cap while on his conditioning stint, so no corresponding transaction is necessary.

Bolduc, 23, scored a goal and earned a +2 rating in five games for Bridgeport over the past week and a half. It was his first minor-league action in 11 months after cracking the NHL roster out of training camp for the first time this season. The 2019 second-round pick has not played for the Isles since Jan. 27 and was a healthy scratch in seven straight before his assignment to Bridgeport. He’s averaged just 12:56 per game this season, the lowest among active Islanders defenders, and has three points and a -5 rating in 33 games. He’s struggled to control possession in his limited minutes, too, logging a 43.4 CF% at even strength.

Other updates from the Eastern Conference:

  • Flyers winger Travis Konecny remains out Monday against the Blues. However, he returned to practice with the team this morning, albeit in a non-contact jersey, per Charlie O’Connor of PHLY Sports. It’s the first time he’s been on the ice with the team since sustaining an upper-body injury last month that’s cost him five games. Despite the absence, he remains Philadelphia’s leading scorer with 27 goals and 54 points in 57 games, leaving quite a large hole in their lineup as they aim to hold on to a playoff berth and third place in the Metropolitan Division down the stretch.
  • Blue Jackets netminder Elvis Merzļikins’ absence is not a guise for a potential trade, Aaron Portzline of The Athletic reports. His day-to-day designation with an upper-body injury is legitimate, and the 29-year-old will miss tonight’s game against the Golden Knights as such. Rookie Jet Greaves was recalled under emergency conditions from AHL Cleveland yesterday and is expected to back up Daniil Tarasov, who will start for the second time in three games. Trade speculation surrounds Merzļikins amidst a bounce-back season from the Latvian goaltender, who has a robust .904 SV% and 12-13-7 record in 35 games behind a rebuilding Blue Jackets squad.
  • The new-but-familiar Ilya Lyubushkin won’t miss any time for the Maple Leafs after sustaining a head injury in Saturday’s shootout win over the Rangers, per David Alter of The Hockey News. Lyubushkin was a full participant in Monday’s morning skate alongside Morgan Rielly and will suit up for his second game since last week’s trade from the Ducks in a likely first-round preview against the Bruins tonight. The Russian blue-liner, who has four assists in 56 games this year, was on the receiving end of a controversial hit from towering New York enforcer Matt Rempe in the second period over the weekend and did not return to the game.

Canadiens Shopping Multiple Depth Wingers

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The Canadiens’ offense hasn’t done much this year outside of their top line of Cole Caufield, Juraj Slafkovsky and Nick Suzuki, ranking 27th in the league. As such, Montreal GM Kent Hughes is open to moving out multiple wingers – a group highlighted by two-time 20-goal scorer Josh Anderson – ahead of the March 8 trade deadline, reports David Pagnotta of The Fourth Period.

According to Pagnotta, Hughes is also shopping solid shutdown winger Joel Armia and pending UFA Tanner Pearson. It’s not like the Canadiens have a bunch of youngsters chomping at the bit to take their spots—prospects like Sean Farrell and Emil Heineman need some more minor-league development time—but it does behoove them to free up some roster space and gain some assets as they continue their rebuild.

The Canadiens still need de facto retired goaltender Carey Price’s $10.5MM LTIR relief to remain cap-compliant, although their cap hit has been exacerbated by some injuries this season. Still, contracts like Anderson’s (a $5.5MM cap hit through 2027) aren’t ideal for a rebuilding squad, especially for his level of dwindling production.

Once a highly sought-after developing power forward, the 6-foot-3 Anderson has tanked this season with eight goals and 17 points in 57 games despite still seeing some top-six minutes, averaging 16:05 per game. He is shooting far below his career average at 7.1%, but his possession metrics are also among the worst on the team – no Canadien has a worse expected rating than Anderson’s -9.7.

Given his low shooting percentage, though, there is hope for some positive goal-scoring regression, which was always one of the more attractive aspects of his game. Anderson may still have some trade value if the Habs are willing to slash his cap hit down to $2.75MM by retaining 50% of the remainder of his deal. That’s much closer to what he would earn on the free-agent market if he were a UFA this summer.

While Montreal would also likely need to retain some of Armia’s $3.4MM cap hit through 2025, he probably has the highest trade value out of their three forward assets. After being buried in the minors to start the year, injuries re-opened an NHL opportunity, and he’s responded well. His 11 goals on the campaign make him the only active non-first-line player with double-digits on the year, and he’s managed a 48.2 CF% at even strength (sixth among full-time Habs forwards) while logging first-unit minutes on their penalty kill. Add in his solid postseason performance with Montreal on their run to the 2021 Stanley Cup Final, and he appears a solid pickup for any contender looking to add some defensive acumen to their fourth line.

Theoretically, Pearson’s expiring deal makes him the easiest to move, but it’s hard to imagine much interest in the 31-year-old’s services. Now relegated to a fourth-line role with the Canadiens, he has five goals and 11 points in 42 games with a -11 rating. Hughes would again need to retain some of his $3.25MM cap hit to move him out.

Those retention caveats highlight a crucial problem with the Canadiens’ deadline plans. They’re still retaining salary on the contracts of Joel Edmundson and Jeff Petry, meaning they only have one slot left for an additional retained salary transaction. With none of these players likely to get moved at full price in-season, the Habs will likely only be able to move one or enlist a third party to retain 50% of a contract on another.

Devils Prefer Not To Trade Tyler Toffoli

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Devils winger Tyler Toffoli has drawn some trade interest ahead of Friday’s deadline, including from a former team. However, the team prefers to hang onto the pending UFA and continue negotiating an extension even if he’s not inked by the end of the week, per Elliotte Friedman of Sportsnet on Monday’s edition of “32 Thoughts” (and relayed by James Nichols of New Jersey Hockey Now).

While they haven’t been publicly named, it’s clear the Kings aren’t the only team interested in Toffoli’s services. That’s far from surprising — Toffoli is on pace to lead his team in goals for the second straight season and has firmly cemented himself as a top-six winger with five straight 20-goal seasons, including the COVID-shortened 2020-21 campaign.

Toffoli broke out that season with 28 snipes and 44 points in only 52 games for the Canadiens, the highest point-per-game rate of his career up to that point. He’s since surpassed that mark with his career-best 34-goal, 73-point season with the Flames last year.

He was traded to the Devils by Calgary last summer in exchange for the signing rights to Yegor Sharangovich and a third-round pick, his third time being dealt over the previous four years. It’s been quite a tumultuous time for Toffoli throughout his offensive breakout, skating for four teams since his eight-year stint with Los Angeles ended before the 2020 trade deadline.

Friedman labeled Toffoli as “more of a wish than a likelihood” for teams looking to add scoring help this week, keeping one of the better pending UFAs out there barely on the market for now. He carries a cap hit of just $4.25MM and is nearing completion of the four-year, $17MM contract he signed with Montreal during his last time testing the free agent market in 2020. If teams want to pry Toffoli away from the Garden State, it’ll need to be an offer above market value for a rental.

His stat sheet in New Jersey isn’t quite as impressive as last year’s run in Calgary, potting 26 goals, 18 assists, 44 points, and a -14 rating in 60 games. He is, however, averaging the highest time on ice of his career with a 17:31 average, and the team’s subpar goaltending has tanked his rating. His expected +5.9 rating is fifth on the team behind Jesper Bratt, rookie defenseman Simon Nemec, Jack Hughes, and Ondřej Palát.

As such, he’ll command a considerable raise (and some trade protection) on an extension with the Devils, something they should be willing to dole out given how he helped stabilize the offense with injuries taking out both of their top two centers for extended periods this season. The team is built for the future despite a disappointing season. While a long-term deal isn’t in the cards for Toffoli at age 31, he’s likely to be a valuable top-six piece for New Jersey as they work toward making the postseason consistently over the next few years.

After back-to-back losses to the Ducks and Kings, the Devils are now only three games above .500 and trail the current second wild-card spot holder, the Lightning, by eight points with two games in hand. Per MoneyPuck, their playoff chances have dipped to 15.8%, beneath other wild-card hopefuls like the Islanders and Penguins but still ahead of the Capitals and Sabres.

Even so, it makes little sense for the Devils to sell, given they’d very likely be in playoff position with anything close to league-average goaltending. Their trio of Nico Daws, Akira Schmid and Vítek Vaněček have conceded a combined 19.1 goals above expected on the season, according to MoneyPuck, costing them several wins.

Five Key Stories: 2/26/24 – 3/3/24

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The trade deadline is just days away.  We’ve seen a couple of moves so far which are included in our key stories along with some other notable news across the NHL.

Kuznetsov Returns, Gets Waived: Capitals center Evgeny Kuznetsov was cleared to resume practicing with the team as he reached the follow-up phase of the NHL/NHLPA Player Assistance Program.  However, the team he’ll actually practice with is AHL Hershey after Washington waived him, sending him down after he cleared on Sunday.  The 31-year-old has struggled this season with just six goals and 11 assists in 43 games, hardly a good return on a $7.8MM contract that runs through 2024-25.  Now the highest-paid player on a regular AHL assignment in league history, the Capitals will continue to look to find ways to give him a chance at a fresh start with another organization.

Tanev To Dallas: Another big domino from Calgary came off the trade board as the Flames moved defenseman Chris Tanev to Dallas as part of a three-team trade that also saw New Jersey pick up a fourth-round pick for retaining 25% of Tanev’s salary.  Calgary, who retained 50% of Tanev’s $4.5MM price tag, picked up defense prospect Artyom Grushnikov, who was a 2021 second-round pick, along with Dallas’ 2024 second-round selection.  If Dallas wins the Stanley Cup, the Flames would also get their 2026 third-round choice.  Tanev, who is still dealing with visa issues, gives the Stars a quality shutdown defender who will undoubtedly log big minutes on the penalty kill and help bolster their top four in general while having a minimal effect on their cap at only a quarter of his actual price tag.

Eight For Pettersson: While Elias Pettersson’s original plan was to wait until the offseason to sign his next contract, it didn’t play out that way.  As speculation started to mount about his potential future with Vancouver, which even included trade discussions with Carolina, Pettersson opted to give the green light to his camp to work out a new deal now.  Those talks ended with an eight-year, $92.8MM extension, the richest contract in franchise history.  The deal contains no-move protection starting in 2025-26, the first year he’s eligible for it.  Pettersson has certainly earned the deal, becoming one of the top two-way centers in the league over the past couple of seasons while he has a shot at back-to-back 100-point seasons.  As things stand, he’s set to be the fifth-highest-paid player in the league next season with an AAV of $11.6MM.

Another Year For Quick: When the Rangers brought in Jonathan Quick as their backup last summer, there were some question marks as he was coming off a rough 2022-23 campaign.  However, things have gone quite well for him this season and he was rewarded for his efforts with a one-year, $1.275MM extension, one that carries a 20-team no-trade clause.  The 38-year-old has fared quite well this season, posting a 2.45 GAA along with a .916 SV% in 21 games so far.  If that holds, those would be his best numbers since the 2017-18 campaign with Los Angeles.  All told, it has been a nice bounce-back year and he’ll be staying in New York for a little while longer.

Back To Toronto: Two years ago, Ilya Lyubushkin had a good run down the stretch with Toronto before departing for Buffalo in free agency.  The Maple Leafs are hoping that history will repeat itself as they acquired the blueliner from Anaheim in a trade that also saw Carolina hold back 25% of his contract in exchange for a sixth-round pick.  The Ducks, meanwhile, retained the maximum of 50% of his $2.75MM price and received a 2025 third-round selection.  Lyubushkin has four assists along with 138 blocks and 116 in 56 games this season and gives Toronto a much-needed right-shot option.  However, he suffered an upper-body injury in his first contest with the Leafs on the weekend.

Photo courtesy of USA Today Sports Images.

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