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Alex Galchenyuk

Clearance Section: Finding Value In What’s Left

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The 2021 free agent frenzy is over. After more than a billion dollars was signed away in just a few days, the NHL unrestricted free agent market has dried up almost entirely. When Ryan Murray settled for a one-year, $2MM contract with the Colorado Avalanche yesterday, he became the only real UFA deal of significance since the calendar turned to August.

Even though things are almost picked clean, there still may be some value out there for a savvy NHL front office. Twelve players from our Top 50 UFA list are still unsigned for next season, though several of those are expected to be in agreement with the New York Islanders and others like Tuukka Rask are unlikely to make a decision anytime soon. We profiled Tomas Tatar recently–arguably the best player still available–and will continue to do the same for the other names from that list in the coming days.

But even beyond those players, there is still NHL talent out there, waiting for the right opportunity (or big enough paycheck). A few of the notable free agents that didn’t make our Top 50 list, but remain unsigned:

Ryan Donato – A second-round pick, a Hobey Baker finalist, an Olympian. All things to describe the 25-year-old Donato, who was cut loose by the San Jose Sharks this summer after just one season with the team. The Sharks decided not to issue Donato a qualifying offer that would have allowed him to elect salary arbitration, putting him on the market after a frustratingly inconsistent season. In 50 games, he scored just six goals and 20 points, but then went to the IIHF World Championship and won a bronze medal. Of note, Donato’s most common linemates this season were John Leonard and Dylan Gambrell, who have a combined 36 points in the NHL. Perhaps in the right situation, he can rediscover the scoring magic that helped him explode onto the scene in Boston just a few years ago.

Jason Demers – Is Demers finished at age-33? The veteran right-handed defenseman certainly seems like a player that could be one of the bargains of free agency, even if his play has declined over the last few years. With the Arizona Coyotes this season he averaged the fewest minutes since his rookie season, but still likely could provide some value to a contender as a depth option. There’s almost no offense left, as Demers registered just four points in 41 games this season, but he can still contribute as a bottom-pairing option, even killing penalties at times.

Alex Galchenyuk – Just a few months ago there was plenty of excitement around Galchenyuk, who had seemingly turned his career around in Toronto. The 27-year-old forward was pulled off the scrap heap by the Maple Leafs and spent time with the team’s development staff rebuilding his game. In 26 contests down the stretch he scored 12 points, and offensively was actually one of the team’s bright spots in the playoffs with four points in six games (and, one brutal turnover). There are certainly plenty of red flags in Galchenyuk’s career, but one-time 30-goal scorers who recently showed flashes of their former self are usually snapped up quickly by rebuilding teams that want to complete a pump-and-dump–give them huge minutes during the first half just to flip for future assets at the deadline.

Erik Gudbranson – You won’t find many statistical defenses of Gudbranson, who has been carved up by the analytics community since basically the moment he arrived in the NHL. The thing is, that arrival was a decade ago now and you can’t find a ton of 29-year-old free agents with as much experience as the 6’5″ defenseman. There’s no reason to think he can play in a top-four, or perhaps even be a regular contributor, but there’s something to be said for the strong play he experienced down the stretch in 2019 with the Pittsburgh Penguins. In the right situation, surrounded by the right amount of talent and deployed properly, there is still a place for Gudbranson in the NHL.

There are plenty of other names that could end up on an NHL roster next season. At this time of the year none of the signings are going to dramatically change the makeup of a team, but as contending teams have shown year after year in the playoffs, adding depth at the right spots–even players that have struggled elsewhere–can make a difference at the right moment.

East Notes: Leafs, Hamilton, Ovechkin

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After the conclusion of today’s 2021 NHL Draft, there’s a variety of news and notes from post-draft press conferences emerging quickly. NHL.com’s Mike Zeisberger reports from general manager Kyle Dubas’ presser today that the Toronto Maple Leafs are still interested in retaining both Alex Galchenyuk and Frederik Andersen. Now 27, it’s been a long road for Galchenyuk, who was drafted third overall in 2012. After playing for five teams over the past three seasons, Galchenyuk caught what seemed like a new wind after his mid-season acquisition from the Ottawa Senators, scoring 12 points in 26 games with the Leafs. Consistently playing among the Leafs’ top-six forward core, Galchenyuk displayed solid complementary ability when surrounded by better talent. The Leafs will likely hope that he can bring affordable depth scoring again to the team in a middle-six role this time around, hopefully adding another top-end talent in the offseason. And while the team has interest in retaining Andersen in goal, it may not be mutual. Andersen, in any scenario in which he returns, takes a significant cut in both pay and games played, serving behind Jack Campbell. But if Andersen is willing to accept a backup role, the offseason could allow him to return to full health and be a crucial contributor to next year’s Toronto roster.

  • Sportsnet’s Elliotte Friedman reports that the Carolina Hurricanes are still trying to re-sign defenseman Dougie Hamilton, but that they’ll need an answer on a deal by the start of free agency on July 28th. TSN’s Darren Dreger follows up, saying that Hamilton is looking at an average annual value between $8MM and $9MM on his next deal. It’s interesting to note here that Hamilton isn’t looking for more money, especially considering the eight-year, $9.5MM AAV extension handed out yesterday to Seth Jones. Hamilton is on a five-year run of receiving Norris Trophy votes, including a career-high fourth-place finish this season. That’s in stark contrast to Jones, who’s coming off a weak season on both sides of the puck. Hamilton’s consistently posted better play-driving and defensive numbers throughout his career, as well. Regardless, Hamilton, who’s part of an elite class of defenders to hit unrestricted free agency in recent years, shouldn’t have any trouble getting his desired compensation, whether it be from Carolina or somewhere else.
  • The Athletic’s Tarik El-Bashir reports that Washington Capitals general manager Brian MacLellan hopes to have a contract extension with captain Alex Ovechkin finalized by the opening of free agency on Wednesday. It’s once in a blue moon that we see a new contract for one of the best players in NHL history, but this offseason will surely see one for the 35-year-old Ovechkin. What’s not for certain is that Ovechkin sees a raise on his previous deal, one that was paying him $9.5MM per season. Despite still being one of the best goal-scorers in the league, Ovechkin’s now finished under a point-per-game pace in two straight seasons and missed significant time with injury this season for the first time since 2009-10. A decent comparable could be the contract handed out to teammate Nicklas Backstrom, who makes $9.2MM per season. While it likely won’t be as long of a term as Backstrom’s five years, a similar cap hit could be in line for ’Ovi’ this offseason.

Hurricanes’ Egor Korshkov Signs In The KHL

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When the Carolina Hurricanes acquired young forward Egor Korshkov earlier this season, many were surprised that the Toronto Maple Leafs had surrendered the skilled prospect in exchange for a recently-waived rental in Alex Galchenyuk. Well, perhaps the Leafs had some doubts about Korhskov’s commitment to the NHL and were thus willing to move on from the multi-talented forward despite his potential. Despite his entry-level contract contract coming to an end and seemingly having the opportunity to join a new NHL club on a fresh deal this summer, Korshkov will go in a different direction. The KHL’s Lokomotiv Yaroslavl has announced a one-year contract extension with Korshkov, who played on loan with the team in 2020-21.

Korshkov, 24, was a second-round pick by the Maple Leafs in 2016 and made the jump to North America just two years later. In his first full season away from Russia, Korshkov did not look out of place, recording 16 goals and 25 points in 44 AHL games and even earning his NHL debut and scoring his first goal in that lone game. Korshkov even earned a role on Toronto’s playoff bubble roster last year, though he did not make an appearance. Yet, the minute that Korskov could make an excuse to return overseas, citing a need for play time due to a premature end to his AHL season due to COVID-19 and no NHL playoff action, he secured a loan to Yaroslavl, where he had played for seven years before joining the Leafs. With his loan coming to an end, one would have assumed that perhaps Korshkov would return to North America and try to get some experience with his new club, the Hurricanes. Instead, the restricted free agent will not only remain in Russia this spring, but for another whole season.

This of course raises doubts over whether Korshkov will ever become a realistic NHL option for the Hurricanes. Carolina will retain his RFA rights by making him a qualifying offer this summer, but if the young forward was not even willing to try to spend some time with the team this season and was quick to re-sign in the KHL, does he have much interest in an NHL career? Korshkov’s ability will certainly keep the ’Canes intrigued; the 6’4″ power forward recorded 17 goals and 34 points in 56 KHL games this season and has shown a knack for both physicality and production early in his career. However, Korshkov may only be just that – a KHL forward and an NHL “could have been”. Hopefully the young forward re-evaluates his career path next season and gives North America another chance.

Expansion Draft Issues: Several Teams Have Moves To Make Before July 17

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The trade deadline may have come and gone, but that doesn’t mean that there won’t be any more trades over the courses of the remainder of the league year. The NHL Expansion Draft is right around the corner, with protection lists due on July 17, ahead of the draft on July 21. By that time, all 30 participating teams must be able to submit a protection list that complies with the exposure requirements of the draft. As a reminder, teams may protect seven forwards, three defensemen, and a goalie or eight skaters and a goalie. However, they must also expose two forwards and one defenseman signed beyond this season and who have played in 27 NHL games this season or 54 games over the past two seasons, as well as a goaltender under team control beyond this season.

For many teams, this is easier said than done though. Long-term forwards and defensemen with considerable games played who are also deemed expendable are not all that common. With the trade deadline completed, teams are stuck with the group that they have unless they decide to make a trade in the time between their regular season end or postseason elimination and the week of the draft. Some can solve their problems internally, while others may be more hard pressed. Based on their most likely protection scheme, here are the teams with work to do:

Calgary Flames

Problem Area: Forward

Internal Solutions: The Flames may be having a difficult season, but they have a talented top-six who are all signed long-term. Except, that’s where the term forwards end. If Calgary cannot convince Milan Lucic to waive his No-Movement Clause, the team will be missing both of their required forwards for exposure by protecting Looch and the top-six. Even if Lucic does waive, the team will need to make another forward available to Seattle. RFA Dillon Dube meets the games played criteria, but the team is likely to protect the young forward or, if not, will not do anything to make him more attractive to the Kraken. That leaves fellow RFA Dominik Simon and impending UFA’s Derek Ryan, Josh Leivo, and Joakim Nordstrom, as well as Brett Ritchie with six more games played, as other names who could earn extensions due to otherwise meeting the exposure criteria.

Likelihood of a Trade: Medium. With so many affordable, bottom-six role players that the team could hand new one-year deals, the Flames have options. However, if Lucic does not waive and the team feels pressured to re-sign two of those players, they may look for outside help rather than bring back too much of a forward corps that has underachieved this year.

Colorado Avalanche

Problem Area: Forward

Internal Solutions: As one of the top scoring team’s in the NHL, the Avalanche will want to keep as much of their forward corps as they can and with the likes of Gabriel Landeskog and Brandon Saad heading to free agency and not in need of protection, the team can do just that. However, if Colorado does protect their top nine scoring forwards minus Landeskog and Saad, that leaves them with, at best, one forward to expose and zero if they choose to protect both Valeri Nichushkin and J.T. Compher. If the Avs do choose to protect the duo, that should leave RFA Tyson Jost unprotected, who they could extend in order to meet the exposure requirement. However, Jost has arbitration rights and may not rush into a new deal. Other candidates to re-sign would be UFA’s Pierre-Edouard Bellemare, Carl Soderberg, or Matt Calvert. Fortunately, the Avalanche have an even easier internal fix and that is simply playing Logan O’Connor five more times before the end of the season.

Likelihood of a Trade: Low. Between playing O’Connor and exposing one of Nichushkin or Compher, Colorado may not have to make any move at all. If they do, they have options. Who wouldn’t want to re-sign in Colorado right now, even if its only for the purpose of being expansion draft fodder.

Columbus Blue Jackets

Problem Area: Forward

Internal Solutions: It’s easy to guess six forwards that the Blue Jackets will protect, but the seventh is a bit trickier. Do they expose star Gustav Nyquist, who has missed the whole season due to injury and is on a substantial contract and on the wrong side of 30? Or do they expose Eric Robinson, who has been a hard-working depth presence this season but has limited upside? Well, if they choose to protect either one, it only leave the other as meeting exposure criteria. Only if both are exposed is Columbus good to go and that scenario seems unlikely. However, the only forward currently meeting the requirements other than term is RFA Kevin Stenlund, though UFA Mikhail Grigorenko requires only two more games played (and a new contract).

Likelihood of a Trade: High. The Blue Jackets surely want to bring Stenlund back, but he has arbitration rights and may not be keen to sign quickly just to help with expansion requirements. If a Stenlund deal can’t be reached sooner rather than later, Columbus may not have a choice but to bring someone in from the outside. A Grigorenko extension seems unlikely, as does exposing both Nyquist and Robinson.

Dallas Stars

Problem Area: Forward

Internal Solutions: The Stars’ protection scheme at forward is fairly obvious, as they have seven core forwards who stand out above the rest. However, those seven are also the only regular forwards with term on their contracts. Of all other expansion-draft eligible forwards for Dallas, only Joel L’Esperance has additional time on his current deal and he cannot reach the games played requirement. As a result, the Stars must find two forwards to expose, whereas most of these other problematic teams can at least scrounge up one forward. Among the options to re-sign are veteran UFA’s Blake Comeau and Andrew Cogliano or younger UFA’s Tanner Kero and Justin Dowling. However, it may be easier to re-up an RFA like Jason Dickinson or, with three more games, Nicholas Caamano. 

Likelihood of a Trade: Medium. The Stars have a number of options, many of whom will likely re-sign at some point anyhow or else Dallas will have to rebuild their bottom-six from scratch. However, with two slots to fill there is always a chance that acquiring a player could be easier than negotiating a pair of early extensions.

New Jersey Devils

Problem Area: Forward

Internal Options: A rebuilding Devils team has a number of regular forwards who are ineligible for the draft and many others, protected or not, who are restricted free agents. What they lack is many term forwards, especially of the the expendable variety. While New Jersey could go in a few different direction with their protected list, the reality is simply that they have only five draft-eligible forwards who are signed beyond this season and at least four of those are locks to be protected. The x-factor is Andreas Johnsson. The first-year Devil has fallen well short of expectations and it would not be a surprise to see him exposed, leaving the team with just one spot to fill to meet the quota. However, if they are determined to give Johnsson a second chance and not lose him for nothing, then that becomes two slots that must be filled. The other problem in New Jersey is that the team doesn’t want to give Seattle any added incentive to steal some of their promising young players. Michael McLeod, Janne Kuokkanen, Yegor Sharangovich, and Nathan Bastian would all meet the exposure criteria if extended, but it’s safe to assume that the Devils will protect two or three of that group and may not be too excited to lose any of the others. Nick Merkley, who requires seven more games played and a new deal, could be seen as more expendable and may be okay with accepting a quick extension, even if it just for expansion purposes.

Likelihood of a Trade: High. With the possibility that New Jersey could protect Johnsson and, in any scenario, will want to steer the Kraken away from their young forwards if at all possible, the Devils seem like a prime candidate to bring in some outside help with meeting exposure criteria.

San Jose Sharks

Problem Area: Forward

Internal Options: Much like the Stars, the Sharks are not an elite team right now, but possess a solid group of top-six forwards who will all be protected. Also like Dallas though, the team has complete lack of long-term commitment to any forward outside of that group. The only other eligible forward signed beyond this season is Jayden Halbgewachs, who has not played a single NHL game, nevertheless enough to meet the requirement. There is not a great list of internal options to re-sign either. Of the players who would meet exposure criteria with an extension, Patrick Marleau is likely to retire, Marcus Sorensen seems to need a fresh start in free agency, and one of Rudolfs Balcers and Dylan Gambrell is likely to be the seventh forward protected. That really leaves UFA Matt Nieto as the lynchpin. If the Sharks can re-up Nieto and whoever they don’t protect between Balcers and Gambrell, they are good to go. If Nieto isn’t keen to re-sign and if Balcers or Gambrell wish to pursue arbitration, the Sharks will be stuck without any forwards to expose.

Likelihood of a Trade: High. The Sharks are in as tough a position as any team on this list. If left exposed, Washington native Gambrell seems like a very likely pick by Seattle, but San Jose needs to meet the exposure quota all the same. That could involve bringing in one if not two forwards before the draft. There simply aren’t many other options on the roster.

Toronto Maple Leafs

Problem Area: Forward OR Defense (Scheme-Dependent)

Internal Options: It should come as no surprise that a team build entirely on a small, expensive core group and veterans on affordable, one-year deals is not well-prepared for the expansion draft. Of the ten Toronto skaters who currently meet the exposure criteria, four are forwards that will be protected in any scenario and three are defensemen that will be protected in any scenario. This leaves Alex Kerfoot at forward and Justin Holl on defense(with Pierre Engvall as the odd man out will likely be exposed regardless); only one can be protected and the other is the most likely Leaf to be selected. If the Maple Leafs value Holl more than Kerfoot, they will go with eight skaters in their protection list. In this scenario, they will not have any defensemen who meet the exposure criteria. Fortunately, any of RFA Travis Dermott or UFA’s Zach Bogosian or Ben Hutton could re-sign and fill that role. Alternatively, if the team values Kerfoot more than Holl, they will go with the standard 7-3 protection scheme. This would allow them to protect Kerfoot as well as extend and protect others like Zach Hyman, Joe Thornton, or Jason Spezza. Those three would all meet exposure requirements as well with a new deal, but Toronto will not offer them up to Seattle. Wayne Simmonds, Riley Nash, or Alex Galchenyuk could be more likely though. Unfortunately, these are all unrestricted free agents and not as easy to re-sign before the off-season as a restricted free agent. The Leafs could find themselves in a bind as a result.

Likelihood of a Trade: Low. There is still so much to be determined about the Leafs’ approach to the draft and they have options either way and player who would likely be eager to re-sign. It’s not a straightforward situation by any means, but they should be able to figure it out without taking the risk of adding salary that they can’t spare by making a trade.

Winnipeg Jets

Problem Area: Forward

Internal Options: The Jets are known for their depth at forward and eight of their top-nine meet the exposure criteria as a result, with RFA Andrew Copp not fitting the bill but almost certain to be protected anyway. The decision for the seventh and final protection slot is likely between the recently-extended Adam Lowry and upstart Mason Appleton. Whoever isn’t protected fills one of the two exposure roles. However, no one else is currently eligible. Extension candidates include UFA’s Mathieu Perreault, Trevor Lewis, and Nate Thompson, but Winnipeg may not necessarily want to commit further to any of those three. The solution: Jansen Harkins is signed through next season and requires just four more games to meet exposure level.

Likelihood of Trade: Low. Just play Harkins and move on. The list of teams in trouble is already long enough.

 

Trade Deadline Summary: North Division

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The NHL Trade Deadline has come and gone. A relatively slow day ended with a late burst, as many teams jumped into the mix at the last minute. How do you think your team did? Share your deadline grades in the comments for teams in the North Division.

Calgary Flames
Status: Neutral

In – F Emil Heineman, 2022 second-round pick (FLA), 2022 third-round pick (TOR)
Out – F Sam Bennett, G David Rittich, 2022 sixth-round pick

Edmonton Oilers
Status: Buyer

In – D Dmitry Kulikov
Out – conditional 2022 fourth-round pick

Montreal Canadiens
Status: Buyer

In – F Eric Staal, D Jon Merrill, D Erik Gustafsson
Out – F Hayden Verbeek, 2021 third-round pick, two 2021 fifth-round picks, 2022 seventh-round pick

Ottawa Senators
Status: Seller

In – F Ryan Dzingel, F Michael Amadio, D Brandon Fortunato, 2022 third-round pick (BOS), 2022 seventh-round pick (NYI), 2023 seventh-round pick (NSH)
Out – D Mike Reilly, D Erik Gudbranson, D Braydon Coburn, F Cedric Paquette, F Alex Galchenyuk, D Christian Wolanin, 

Toronto Maple Leafs
Status: Buyer

In – F Nick Foligno, G David Rittich, D Ben Hutton, F Alex Galchenyuk, F Riley Nash, F Stefan Noesen, F Antti Suomela, G Veini Vehvilainen
Out – F Alexander Barabanov, D Mikko Lehtonen, D David Warsofsky, F Yegor Korshkov, 2021 first-round pick, 2022 third-round pick, 2021 fourth-round pick, 2022 fourth-round pick, 2022 fifth-round pick, conditional 2022 seventh-round pick

Vancouver Canucks
Status: Neutral

In – F Matthew Highmore, D Madison Bowey, 2021 fifth-round pick (CHI), 2021 sixth-round pick (WPG)
Out – D Jordie Benn, F Adam Gaudette, 2021 fourth-round pick

Winnipeg Jets
Status: Buyer

In – D Jordie Benn
Out – 2021 sixth-round pick

Maple Leaf Notes: Galchenyuk, Matthews, Andersen, Campbell

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When the Toronto Maple Leafs sent forward Alex Galchenyuk from the taxi squad to the Toronto Marlies of the AHL Saturday, many felt that it was just to get a few games under his belt after having sat out since Feb. 11. That may not only be the case as Toronto Sun’s Terry Koshan writes the Maple Leafs intend to properly develop Galchenyuk and his lost game.

Galchenyuk, the third-overall pick in 2012, has never played a game in the AHL, having jumped straight from the OHL to the Montreal Canadiens. The Maple Leafs would have sent Galchenyuk to the Marlies right after the trade. However, the AHL squad has been on an eight-game road trip and finally has their home opener on Monday. Maple Leafs’ head coach Sheldon Keefe said the team intends to be patient with Galchenyuk as they try to help the forward find his game.

“Part of our plan was to get him playing and we would have made this move probably a little bit sooner had the Marlies not been out west,” Keefe said.

  • Sticking with the Maple Leafs, it looks like the team could be without star Auston Matthews for another game, according to TSN’s Mark Masters. The forward skated with the team Sunday in Edmonton, but didn’t skated as an extra and didn’t take any hard shots. However, Keefe didn’t rule out Matthews playing either, according to NHL.com’s Mike Zeisberger. “He’s not ruled out for tomorrow,” said Keefe. Matthews missed Saturday’s game against the Oilers and now could miss Monday’s bout with them as well. If Matthews is out, John Tavares will fill in as the first-line center.
  • No word on who will start in net on Monday for the Maple Leafs. Goaltender Frederik Andersen, who is dealing with a lower-body injury, was a full-participant in practice, but it’s not looking like he will play Monday, according to TSN’s Kristen Shilton. “Ah, it’s not looking that way, if we’re being honest,” said Keefe. “Basically, where we’re at now is just waiting for him to be comfortable … & we don’t really know when that’s going to be. But today was a very positive step towards that.” To make matters worse, Jack Campbell sat out of practice for a maintenance day after returning from a leg injury on Saturday. “Between Campbell and Fred and their situations, we’ve got a lot of things to sort through that I don’t suspect will get sorted out until tomorrow night,” Keefe said.

 

Trade Rumors: Predators, Fleury, Vesey

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While Mattias Ekholm may be the name that teams are clamoring over right now, whether he’s actually available or not, he isn’t the only Predator that might eventually be on the block. Many, including top analysts Elliotte Friedman of Sportsnet and Pierre LeBrun of TSN, believe that the Predators are quickly approaching the point of no return this season and will begin to move players shortly. Despite a talented roster on paper, Nashville sits in seventh place in the Central Division with a points percentage of just .400 through 15 games. More than a quarter of the way through their campaign, the Predators face a slim chance of turning it around and making the playoffs, especially in this season’s difficult makeshift format.

While Nashville may not quite be ready to fully blow up their roster, both Friedman and LeBrun agree that impending free agents Mikael Granlund and Erik Haula are as good as gone. Both had significant interest on the open market late into this past off-season before deciding on Nashville and that interest should remain. Granlund especially has performed well – he’s arguably Nashville’s second-best forward thus far – and should net a decent return. That may not be the end of the list, though. Veterans Brad Richardson and Luca Sbisa may also hold rental value, while term forwards like Nick Cousins, a disappointment in his first season with Nashville, Rocco Grimaldi, or Calle Jarnkrok could also find themselves on the block. Friedman notes that top-six centers Matt Duchene and Ryan Johansen may be made available, but given their massive contracts and lacking production in the current flat cap climate, interest will likely be slim. Their potential availability is still a sign that the Predators could be considering a major shake-up nonetheless.

  • Although they considered moving him this off-season in an effort to open up cap space, Friedman does not believe that Vegas Golden Knights goaltender Marc-Andre Fleury is still available. The fan favorite has been stellar this season, especially in light of the struggles of “starter” Robin Lehner. While Lehner has battled injury and inconsistency, Fleury has posted a .937 save percentage and 1.56 GAA, and most importantly seven wins through nine starts. He has been a major reason why the Knights are off to such a hot start; a start that likely would have gone the other way had Fleury been moved this off-season leaving the frustrated Lehner as the only experienced goalie on the roster. So while Fleury remains an aging asset on an expensive contract who at least had the appearance of only being a backup moving forward, he has proven himself invaluable to Vegas. With a number of teams troubled in net, including Fleury’s former Pittsburgh Penguins, there is a renewed interest in taking on Fleury’s contract in order to take advantage of his current hot streak, but don’t expect the Golden Knights to give him up this season.
  • Following their acquisition of Alex Galchenyuk, Friedman wonders if the Jimmy Vesey experiment has already come to an end in Toronto. The free agent addition has just three points in 16 games despite having been given ample opportunity to produce. Given the Maple Leafs’ tight salary cap situation, even with a pair of players currently on Long-Term Injured Reserve, Toronto has to be measured in every roster decision. Once Wayne Simmonds and Jack Campbell return to health and especially if Galchenyuk has earned a role in the starting lineup by that time, the team likely will not have room to carry Vesey, even at just $900K against the cap. An affordable (to most) impending free agent with size and goal-scoring ability, it seems likely that someone would be willing to give Vesey another shot, especially if they can get him for free on waivers. If the Maple Leafs feel that Vesey will not clear, the countdown may have already begun for the team to make a trade before he is lost for nothing on the waiver wire.

Toronto Maple Leafs Acquire Alex Galchenyuk

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Just like that, Alex Galchenyuk is on the move again. After being dealt from the Ottawa Senators to Carolina Hurricanes on Saturday, Galchenyuk has been traded for the second time in about 54 hours. Although, he reportedly never even got the chance to leave Ottawa for Carolina, so he now has a much shorter trip ahead of him. The Toronto Maple Leafs have announced that they have acquired Galchenyuk from the Hurricanes in exchange for forward prospect Egor Korshkov and veteran defenseman David Warsofsky. Galchenyuk cleared waivers earlier today and is eligible to be assigned by Toronto to the taxi squad or AHL.

Galchenyuk’s propensity for being traded is becoming comical at this point. The 27-year-old forward, who once looked like he could be a long-term franchise cornerstone for the Montreal Canadiens, has instead become the NHL’s most frequent flyers over the past few years. From Montreal, he was traded to the Arizona Coyotes during the 2018 off-season. Exactly a year and two weeks later, his time in the desert was over as he was traded once again to the Pittsburgh Penguins. His time with Pittsburgh didn’t even last a full season, as he was moved before the trade deadline last year to the Minnesota Wild. When his contract expired this off-season, he signed a one-year deal with the rebuilding Ottawa Senators, almost ensuring that he would be traded yet again at some point this season. However, even he could not have seen this coming. Galchenyuk made it just one month to the day since the start of the 2020-21 season before he was traded on Saturday to the Hurricanes along with another free agent addition, Cedric Paquette, in exchange for Ryan Dzingel. Just two days later, he is now a member of the Toronto Maple Leafs.

When Galchenyuk was placed on waivers on Monday, it immediately raised suspicion that he might be moved again this season. Not only were the Hurricanes willing to let him be claimed for free on the waiver wire, but if he did in fact clear he would have even more value to another interested team having gained the flexibility to move to the taxi squad. In Galchenyuk, a dangerous offensive Maple Leafs team adds another intriguing weapon. Galchenyuk is not a consistent, high-effort contributor nor can he be relied upon for any defensive responsibility, but he does possess scoring focus and natural offensive ability and especially when surrounded by superior talent can produce at a high level. In Toronto, there is plenty of superior talent to go around and Galchenyuk appears to be an ideal fit as a top-nine depth option. Even more importantly, Galchenyuk is affordable for the cap-strapped Leafs. His entire $1.05MM cap hit can be buried if he is assigned to the taxi squad or AHL and is not a major burden should he stick with the NHL roster, though it will still require some cap acrobatics by the Leafs front office. Moreover, Galchenyuk is also a quarantine-free acquisition for Toronto. While Paquette took off for Carolina right away following the trade, Galchenyuk stayed behind in Ottawa in case he was claimed on waivers by another Canadian team. He wasn’t, but just a few hours later he ends up with a Canadian team anyway and by all accounts had not yet left the country. He should be able to join the Maple Leafs immediately.

In exchange for providing the Maple Leafs with a player who checks a number of boxes, if he plays that is, the Carolina Hurricanes land a package that includes an AHL depth player and a question mark prospect. Warsofsky, though a respected veteran and leader in the AHL, has not played in the NHL since 2017-18 and has just 55 NHL games on his resume. Barring a mass amount of injuries to the Carolina blue line, one of the deepest units in the league, Warsofsky is nothing more than an experienced addition to the AHL’s Chicago Wolves (where his brother is head coach) to help provide some guidance to the Hurricanes’ minor league prospects. Thus, the true value for the ’Canes in this deal lies with Korshkov. The 24-year-old winger was a second-round pick in 2016 and has size, skill, and a track record of goal-scoring success in the KHL and just last season in the AHL. In fact, the past two years have been the best of Korshkov’s career. He recorded 16 goals and 25 points in 44 games with the AHL Marlies last year, adding a goal in his first and only NHL game with the Maple Leafs as well, and is currently having a career year on loan in the KHL with 16 goals and 31 points in 53 games with Lokomotiv Yaroslavl. However, therein lies the problem as well. It took Korshkov nearly three years to make it to North America after being drafted into the NHL, even as an overage selection, and after just one season he returned to Russia and opted to remain there rather than return once the NHL and AHL returned to play. The key to this deal for the Hurricanes is being able to convince the power forward to commit to playing in North America and to adopting an NHL style of play. If they succeed with Korshkov, his long-term potential greatly outweighs the value that Galchenyuk might have provided as an injury substitute for the remainder of the season.

Five Players Clear Waivers

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Despite some major names being available on the waiver wire over the past 24 hours, all five players have cleared. Montreal’s Paul Byron, Detroit’s Danny DeKeyser, and new Carolina acquisition Alex Galchenyuk were all waived for roster flexibility and will be reassigned to their respective taxi squads. Young Columbus defenseman Gabriel Carlsson has been reassigned to the taxi squad for now but will soon join the AHL’s Cleveland Monsters in order to get some play time. Boston’s Par Lindholm has signed a new contract with the SHL’s Skelleftea AIK and will see his NHL contract terminated. No new players have been placed on waivers today.

Of the group, the player who was quietly the most likely to be claimed was Carlsson. The big 24-year-old blue liner, a 2015 first-rounder, lost his waiver exemption this season and the Blue Jackets did not want to risk him on the wire earlier this season. However, through the first quarter of the campaign he has not seen any NHL game action sitting behind a deep Columbus defense corps. With the AHL season now up and running, the team opted to take the chance with Carlsson in order to get him some play time in the minors and it paid off. The stay-at-home defenseman has played in at least one game for Columbus in each of the past four seasons and will likely be back with the team at some point this year. However, the team will try to avoid another trip through waivers as they might not be so lucky a second time putting the sturdy and affordable defender back up for grabs.

Of course, the bigger names available were Byron, DeKeyser, and Galchenyuk. The Montreal Canadiens, short on cap space but not on forward talent, have been playing Byron in a checking role, making him an expensive fourth liner. The club had been trying to trade the veteran, but there were no takers on his contract despite his solid career numbers. The team hoped that Byron would clear waivers so that they could retain the player, who is absolutely still a serviceable top-nine forward, while also opening up some salary cap space by transitioning him to the taxi squad. Galchenyuk was in fact traded already and just on Saturday as a matter of fact. The skilled forward was dealt by the Ottawa Senators to the Carolina Hurricanes as part of a three-player deal. Playing on an affordable and expiring contract, Galchenyuk was a risk-free acquisition for the ’Canes but was even more valuable if he could be stashed on the practice squad and used in case of emergency in a scoring role. Their plan succeeded and now Carolina simply has to decide whether the now-flexible Galchenyuk is worth more to them on their taxi squad or as a trade asset to flip to another team. The surprise inclusion was DeKeyser, one of the few holdovers of the most recent Detroit Red Wings’ powerhouse teams. DeKeyser has been in decline for several seasons now, but playing for a rebuilding club – especially with limited ice time this season – and dealing with injuries does not make for flattering statistics for anyone. A player who still has the support of his coaches and teammates may end up on the taxi squad but is likely to still be a prominent presence for the organization, especially with another year remaining on his current contract.

Lindholm was the outlier of the bunch. After clearing waivers earlier this season, the underutilized veteran was placed on the wire again to begin the process of a contract termination. Lindholm was not expected to be claimed and even if he had been, there still would have been a conflict with the multi-year contract he just recently signed in Sweden. Lindholm may actually be capable of being a reliable fourth line center in the NHL, but that opportunity was not available in Boston and seemingly nowhere else in the league at the current time, so the veteran will return home.

Latest On The Hurricanes-Senators Trade

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Yesterday’s surprise trade that saw three impending free agents swapped, with Ryan Dzingel returning to the Ottawa Senators in exchange for role players Cedric Paquette and Alex Galchenyuk moving to the Carolina Hurricanes, provided more questions than answers. Speaking on Sportsnet’s broadcast of Hockey Night In Canada on Saturday, Chris Johnston tried to provide some explanation or at least some projection on what it could all mean. Johnston clarifies that the centerpiece of the deal is really Paquette, who is expected to stabilize the Hurricanes’ fourth line over the remainder of the season and very likely into the playoffs. As for Dzingel and Galchenyuk, he warned that they should not “get comfortable”. Not only are both, as well as Paquette, very likely heading to the open market this summer, but Dzingel and Galchenyuk could be on the move again before the end of the season.

Dzingel specifically is somewhat of a suspect acquisition for the Senators. Previously a two-time 20-goal and 40-point player for Ottawa, Dzingel’s stops in Columbus and Carolina since departing the Senators have been less than inspiring. In his final season with the Senators, Dzingel was scoring at a 63-point full season pace; in his 96 games since, Dzingel is scoring at a 38-point pace. Perhaps Senators GM Pierre Dorion feels that a return to Ottawa and to a top-six role for Dzingel can reignite his offensive prowess. The team needs scoring and Dzingel could be the solution. However, if Dzingel continues to struggle or, alternatively, if he succeeds but is unwilling to re-sign in Ottawa, the rebuilding Senators have no use for his expiring contract. They would would very likely put him back on the trade block and hope that they could recoup the trade capital they might have received for renting out Paquette and Galchenyuk. Considering he must quarantine for two weeks before joining the Senators in this shortened NHL season, Dorion and company will not have much time to make a determination on Dzingel, but still felt the calculated risk was worth the potential long-term payoff.

  • As for Galchenyuk, Johnston’s premonition that he could be on the move again could prove true far sooner than he likely expected. With Galchenyuk being placed on waivers today by Carolina, it could be that by tomorrow afternoon he has a new team for the second time in 48 hours. Of course, Galchenyuk is no stranger to frequent movement. After six seasons with the Montreal Canadiens to begin his career, he is now on his sixth team in four year and has been traded in-season in back-to-back years. Once a rising star in Montreal, Galchenyuk has been reduced to a one-dimensional hired gun goal-scorer due to his defensive struggles and many inconsistencies. Galchenyuk still has value as a substitute in case of a top-nine injury, but has not proven over the last year that he is worthy of being handed an everyday role. As a result, it is no surprise that a cap-strapped team like the Hurricanes would rather move Galchenyuk to the taxi squad, thereby burying his entire $1.05MM salary, and simply use him as depth down the stretch. There may very well be a team out there however who also likes the 27-year-old forward for that role and has the roster flexibility to claim him and keep him active. Even if he does clear waivers, that would only improve his value due to the added transactional flexibility and if the Hurricanes don’t like what they see, they could still flip him before the deadline.
  • Galchenyuk’s placement on waivers has also changed the travel plans for Carolina’s latest acquisitions. Sportsnet’s John Shannon reported on Saturday that Paquette and Galchenyuk planned to skip the required quarantine that accompanies commercial air travel by instead joining the Senators on their team flight to Toronto today and then making the 13-hour drive to Raleigh, potentially even in time for the Hurricanes’ Monday night home game. The new plan, as revealed by Carolina beat writer Michael Smith, is for Paquette to make the solo trek from Ottawa to Raleigh today, a similar 13-hour drive, again with the expectation that he will be available on Monday. Galchenyuk meanwhile will remain in Ottawa until waivers clear tomorrow. Not only did he not want to make the long trip only to be claimed by a different team, but he also did not want to leave the country in case he was claimed by another Canadian club. If Galchenyuk clears waivers and is assigned to the taxi squad, he will presumably then make the drive to Raleigh himself and would be available for the ’Canes as early as Wednesday.

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