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Salary Cap Deep Dive: Vancouver Canucks

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Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2017-18 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Vancouver Canucks

Current Cap Hit: $73,012,499 (under the $75MM Upper Limit)

Entry-Level Contracts

F Brock Boeser (Two years remaining, $925K)
F Jake Virtanen (One year remaining, $894K)

Potential Bonuses

Boeser: $850K
Virtanen: $850K

Boeser is one of the Canucks hope for the future. The team’s 2015 first-round pick has been playing exceptionally well in camp and looks ready to take a major role on the team. After two years at the University of North Dakota, Boeser managed to play in nine games for Vancouver last year, putting up four goals and an assist in that span and averaged 2.78 shots per game as well. Virtanen, on the other hand is just trying to cement a starting role on the team. The sixth overall pick in the 2014 draft, Virtanen has been disappointing and has had trouble finding a role with the club, playing 55 games two years ago and then settling for just 10 games last year. A solid camp so far suggests, he might have turned it around as he looks to take his game to the next level.

One Year Remaining, Non-Entry-Level

F Daniel Sedin ($7MM, UFA)
F Henrik Sedin ($7MM, UFA)
D Erik Gudbranson ($3.5MM, UFA)
F Thomas Vanek ($2MM, UFA)
F Sven Baertschi ($1.85MM, RFA)
D Troy Stecher ($925K, RFA)
F Markus Granlund ($900K, RFA)
F Alexander Burmistrov ($900K, RFA)
F Anton Rodin ($700K, UFA)
F Reid Boucher ($688K, RFA)
D Patrick Wiercioch ($625K, UFA)

On a positive note, there are many contracts that are set to expire next year, which could give the Canucks quite a bit of cap space. What the team will do with the Sedin brothers, long-time franchise players, is still up in the air. Rumors that they have no interest in going to a contender to finish out their careers suggest that they may choose to retire or sign up for a much shorter, much cheaper deal with Vancouver. While both have been leading the franchise, their numbers have begun to decline now that they are 36 years old with Daniel Sedin putting up just 15 goals and 44 points a year ago, while brother Henrik also just putting up 15 goals and 51 points.

There are very few potential unrestricted free agents that are critical to the team’s building of the future. While Gudbranson is just 25 years old, the team has shown a willingness to move on from the defenseman and has been talked about in trade rumors all offseason. The former third-overall pick in 2010 didn’t fare well in his first year in Vancouver, suffering a wrist injury and playing in only 30 games. The team may want to move on before they lose him. Vanek, signed late in the offseason, is also likely a trade chip at the trade deadline.

As for restricted free agents, the team still has high hopes that Baertschi will continue to improve. After struggling to break into the Calgary Flames starting unit, Vancouver picked him up and got 15 goals in 2015-16 and another 18 last year. The 24-year-old could easily wind up on the team’s second line and have a big year. Granlund, 24, is another youngster who stepped up a year ago, putting up 19 goals as a full-time starter. Stecher will also be a free agent. The 23-year-old undrafted free agent had a solid rookie season after coming to the Canucks from the University of North Dakota. He is penciled in as a first-line defender. The team also has high hopes they can turn around Burmistrov’s career. The former top-10 pick in 2010 was signed away from Arizona with the hopes he can fill a need in the bottom six.

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Evening Notes: Johnson, Markstrom, Green

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You would think that after signing a new seven-year, $35MM deal, that could cause some complacency for a hockey player. However, not for Tampa Bay Lightning’s Tyler Johnson. The 27-year-old wing is coming off a solid season in which he scored 19 goals and added 26 assists. But after signing a new deal this offseason, Johnson has dedicated himself to a better offseason regimen and plans to be ready for an even better season next year.

According to Joe Smith of the Tampa Bay Times, Johnson has changed everything from the way he eats to how he works out. He switched to a Keto diet, which is a high-fat, low carb regimen, such as more fish, meat and vegetables and less bread and pasta. In the gym, he is focused on strength training, which he hasn’t been able to do since he has broken his wrist twice over the past three years. Johnson hopes that both his training and eating adjustments should help him stay healthier this year after missing 13 games in 2015-16 and then another 16 last year.

He also hopes to take his game up a notch and help his team return to the playoffs, which is the first time he’s ever not been in the playoffs, including AHL and junior days. “Something I’d rather not do again,” added Johnson.

  • According to Ed Willes of The Province, Vancouver Canucks President of Hockey Operations Trevor Linden has high expectations for  Jacob Markstrom, who is ready to take over starting goaltending duties this year. The 27-year-old was a highly touted second-round pick by the Florida Panthers back in 2008 and shown some promise as a backup over the past two years. He played in 25 games last year as the backup to Ryan Miller and finished with a 2.63 GAA and a .910 save percentage. The Canucks also signed the Buffalo Sabres’ Anders Nilsson to a two-year deal this offseason, who could also cut into Markstrom’s playing time if he starts slowly. Nilsson, also 27, had similar numbers to Markstrom. In 26 games, Nilsson finished with a 2.67 GAA, but did have a stronger save percentage at .923.
  • In the same piece, Linden tells Willes that he believes that considering that a significant number of their players are under 25, they have the right coach in Travis Green. He emphasizes the franchise’s focus is on the youth and they believe Green is the perfect coach to complement those players. “Outside of wins and losses, that’s going to be the key. We have to understand we’re in a transitional period,” added Linden.

Canucks Sign Sam Gagner, Michael Del Zotto, Anders Nilsson

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GM Jim Benning and the Vancouver Canucks are off to a hot start to free agency, signing a major name from all three positions: forward Sam Gagner, defenseman Michael Del Zotto, and goalie Anders Nilsson. 

Gagner, a play-making center who enjoyed a bounce back season with the Columbus Blue Jackets in 2016-17, has signed on for three years at $3.15MM per year, via TSN’s Pierre LeBrun. After making just $650K on a one-year “show me” deal with the Jackets, this is a nice reward for Gagner who returned to form with a career-high 50 points after a disastrous 16-point campaign with the Flyers the year before. Yet, other than 2015-16 in Philadelphia, Gagner has been a consistent 40-50 point man and is still only 27 despite having a decade of NHL experience under his belt. Gagner will be happy to make nearly five times his 2016-17 salary, but this still comes off as quite a bargain for the rebuilding Canucks.

Del Zotto, a capable puck-mover who struggled to carve out a role with the Philadelphia Flyers, will get a new opportunity in Vancouver on a two-year, $6MM contract, according to TSN’s Frank Servalli. Not since his third year in the league with the New York Rangers in 2011-12 has Del Zotto truly been relied upon as a starter. In stints in New York and Philadelphia, Del Zotto has shown ample offensive ability, but little defensive reliability. A career -26 player, Del Zotto may never develop into a true all-around NHL defenseman, but at $3MM per year, the Canucks will expect him to strive to be such a player.

As for Nilsson, the former Buffalo Sabres backup has earned himself a nice raise, as LeBrun reports that he has signed a two-year deal worth $2.5MM annually to play 1B to Jacob Markstrom’s 1A in the Vancouver net. Nilsson was a savior of sorts for the Sabres in 2016-17, posting a career high .923 save percentage and 2.67 GAA in relief of Buffalo starter Robin Lehner. Nilsson outplayed Lehner, but Buffalo still informed Nilsson that they would move forward with Lehner as the starter and rather than play second-fiddle again in the same situation (like Chad Johnson is now doing), Nilsson has moved on to another situation where he may be able to outplay the incumbent and steal starts.

Free Agency Rumor Round-Up

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Free agency is set to open in mere hours, but there are already plenty of rumors out there about deals that will become official at noon ET. Here are all of the deals expected to be made official this afternoon with the link to the original PHR article or recent report:

Anaheim Ducks expected to sign G Ryan Miller (per TSN’s Bob McKenzie)

Boston Bruins expected to sign LW Kenny Agostino

Buffalo Sabres expected to sign G Chad Johnson

Chicago Blackhawks expected to sign RW Patrick Sharp

Colorado Avalanche expected to sign G Jonathan Bernier

Dallas Stars expected to sign C Martin Hanzal (per TSN’s Bob McKenzie)

Detroit Red Wings expected to sign D Trevor Daley

Florida Panthers expected to sign RW Evgeni Dadonov

Florida Panthers expected to sign C Micheal Haley

Montreal Canadiens expected to sign D Karl Alzner

New York Rangers expected to sign G Ondrej Pavelec

Philadelphia Flyers expected to sign G Brian Elliott

Tampa Bay Lightning expected to sign D Dan Girardi

Vancouver Canucks expected to sign D Michael Del Zotto

Vancouver Canucks expected to sign G Anders Nilsson

Vancouver Canucks expected to sign C Sam Gagner (per TSN’s Bob McKenzie)

Winnipeg Jets expected to sign G Steve Mason (per TSN’s Bob McKenzie)

Snapshots: Stone, Nilsson, Marleau

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Even though the Calgary Flames acquired Travis Hamonic to round out their top four, Pierre LeBrun of TSN reports that they’re still trying hard to get Michael Stone under contract before he hits the open market tomorrow. Stone was acquired at the deadline and fit in rather well down the stretch, but was expected to be let go after the Hamonic move.

We ranked Stone #15 on our (rapidly diminishing) Top 50 Free Agent list, projecting a two-year deal worth $7.2MM for him should he hit free agency. Even with their buyouts of Lance Bouma and Ryan Murphy earlier today, it might be tough to fit Stone in at that price given they still owe contracts to Curtis Lazar, Sam Bennett and Micheal Ferland. The Flames have around $13.4MM in cap room, making it definitely possible, but it would mean going into the season with very little wiggle room.

  • Andy Strickland of Fox Sports is pumping out the deal information, reporting that Steven Oleksy will likely sign a two-year deal with the Anaheim Ducks, while Anders Nilsson will sign with the Vancouver Canucks. Nilsson was among those hinted at by Elliotte Friedman of Sportsnet yesterday, linking him to the Vancouver Canucks. If Nilsson does sign with Vancouver, it would mean that Ryan Miller is on the market again with a likely Southern California landing spot. With Anaheim looking for another veteran backup to help shepherd John Gibson along, Miller seems like an obvious candidate.
  • Patrick Marleau has a two-year contract offer in hand from the San Jose Sharks according to Darren Dreger of TSN. Whatever Marleau decides to do will likely impact Joe Thornton, as the two remain close. That doesn’t necessarily mean they’ll head to another team together, but that Marleau re-upping in San Jose could persuade Thornton to do the same. The pair of veteran forwards are some of the biggest names on the market tomorrow, and could legitimately have the biggest impact on their new (or old) teams.

Free Agent Focus: Buffalo Sabres

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The free agent period is now less than one month away from opening up and there are several prominent players set to hit the open market while many teams have key restricted free agents to re-sign.  Here is a breakdown of Buffalo’s free agent situation.

Key Restricted Free Agents:

F Marcus Foligno – At just 25 years old, Foligno will enter his seventh season with the Sabres organization in 2017-18. While his development has been slow, it’s also been steady, finishing each passing season with more points than the year before. Foligno isn’t the player who showed flashes of as a rookie in 2011-12, scoring 13 points in 14 games, but he’s carved out an important role in Buffalo as a reliable top-nine winger. 2016-17 marked a career-high 13 goals for Foligno, helped along by a team-best 13.4% shooting percentage, as well as his first 80+ game season. As always though, Foligno’s true value comes in his physical two-way game, where he had a career-best and team-leading 279 hits, career-high 57 blocked shots, which led all Buffalo forwards, and was a vital member of the penalty kill. Las year, the Sabres signed Foligno to just a one-year, $2.25MM contract, but after again proving his worth as a defensive forward and top-nine contributor, new Buffalo GM Jason Botterill should have no problem giving the homegrown product a multi-year deal worth $2.5-$3MM annually. Even with fellow priority RFA’s Zemgus Girgensons and Johan Larsson in need of raises, the Sabres have plenty of cap space and will give Foligno what he’s worth.

G Robin Lehner –  The Sabres have no interest in letting Lehner go, but this off-season they need to either commit to the 25-year-old as their surefire starter or establish that they feel he is just a timeshare goalie at this point. Just two years ago, Buffalo traded a first-round pick to acquire Lehner from the Ottawa Senators. In his first year with the Sabres, he was excellent, posting a .924 save percentage and 2.47 GAA… but in only 21 games. Injuries limited Lehner to only a brief showing in 2015-16, but this past season he was able to see action in 59 games and again played well with a .920 save percentage and 2.68 GAA. With Chad Johnson gone, many expected that Lehner would play more this past season though. However, trade acquisition Anders Nilsson routinely outplayed Lehner all season long. The margin between the two wasn’t wide, but enough so that Nilsson managed to make 26 appearances, including 23 starts. The team has nonetheless stated that Lehner is their guy, but actions speak louder than words. The value and more so the term of Lehner’s contract this summer, as well as their negotiations with Nilsson, will speak volumes about their commitment to their supposed #1.

Other RFAs: F Zemgus Girgensons, F Johan Larsson, F Justin Kea, F Jean Dupuy, F Evan Rodrigues, D Brady Austin, G Linus Ullmark

Key Unrestricted Free Agents:

F Brian Gionta – The Buffalo captain may be 38 years old and have over 1000 NHL games under his belt, but he also just completed a full 82-game season and seventh on the team in scoring. At this point in his career, Gionta is not looking to re-locate and perhaps no team could use his veteran leadership and hockey intelligence more than the Sabres, who have few forwards over 30 and certain players in need of mentoring (i.e. Evander Kane). The Sabres have plenty of cap space to play with and are expected to fill holes throughout the roster via free agency, but they’ll have room to bring back their captain who is still capable of scoring 30-40 points and can play in all situations. He probably won’t get another three-year, $12.75MM contract, but if Gionta wants to be back, he will be.

G Anders Nilsson – The flip side of the situation with Lehner is that of Nilsson. Just a little over a year older than Lehner, Nilsson was finally given legitimate responsibility for the first time in his NHL career in 2016-17 and he flourished. His .923 save percentage and .267 GAA were just marginally better than Lehner, but a major step up from his previous performances. Perhaps the Sabres, who truly do need to commit to Lehner or not, are afraid that re-signing Nilsson would send the wrong message, but he has definitely earned that consideration. If the Sabres don’t bring back Nilsson, they’ll have to search for a veteran backup to the oft-injured Lehner anyway. It’s not a simple problem and how Boterill solves it will impact his start with the organization.

Other UFAs: D Cody Franson, D Dmitry Kulikov, D Taylor Fedun, D Erik Burgdoerfer, D Mat Bodie, F Derek Grant, F Cole Schneider, F Cal O’Reilly

Projected Cap Space: The Sabres currently have only $50.2MM committed to 2017-18 contracts by way of 11 forwards and five defensemen. (CapFriendly) The extensions for RFA’s Lehner, Foligno, Girgensons, and Larsson, all of whom will be safe from expansion, as well as roster hopefuls Alexander Nylander and Brady Austin will eat up some of that space. However, even if the cap ceiling remains at $73MM, Buffalo has nearly $23MM of space to work with and if Matt Moulson is an expansion casualty, as has been rumored, there’s another $5MM in relief. That should give them more than enough space to accommodate those young players, re-sign Gionta, extend or replace Nilsson, and still have the flexibility to explore the free agent market for better fits on the blue line than Franson or Kulikov and a game-changer up front.

Minor Moves: Caamano, Wilcox, Ullmark

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After previously signing Nicholas Caamano to an amateur tryout, the Dallas Stars have inked the prospect to a three-year entry-level deal. The contract will begin during the 2017-18 season, though Caamano is expected to go back to the OHL for next season. A fifth-round pick in 2016, Caamano put together his best season this year with 64 points in 67 games for the Flint Firebirds. Though they were knocked out of the playoffs early, it was a solid step for the development of the young forward.

Registering a point in his first AHL game, Caamano will unfortunately have to either make the NHL team or return to the OHL next year. His age restricts him from playing in the AHL. With some older players likely leaving the Firebirds for bigger and better things next season, Caamano should be counted on as their top offensive weapon. An increase in responsibility should benefit his growth, as the Stars look to turn a late-round pick into a professional player.

  • The Florida Panthers have sent Adam Wilcox back to the AHL, signalling a return for James Reimer. Wilcox only backed up Reto Berra during his NHL stint, and will now return to the Thunderbirds where he had found a ton of success since being acquired at the trade deadline. Unfortunately, Springfield won’t be heading to the Calder Cup playoffs this year, meaning the end is close for Wilcox this season. The goaltender is a restricted free agent this summer for the first time, as his entry-level deal will expire.
  • The Buffalo Sabres have also sent a goaltender back down, re-assigning Linus Ullmark to the AHL today. Anders Nilsson’s injury had been deemed minor, and he should be back in net for one of the final two games this weekend. The Sabres face off against the Panthers and Tampa Bay Lightning on back-to-back nights, ending what has been a frustrating season. Ryan O’Reilly put it into words yesterday when he told Joe Yerdon of NHL.com “it’s so frustrating coming to the rink right now. Practicing, there’s no purpose right now. You’re seeing other teams gearing up for the playoffs and seeing teams, like Toronto who’s young too, seeing them in the spot we should be in.”

Minor Moves: Gillies, Ullmark, Bondra, Morin

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According to John Shannon of Sportsnet, the Calgary Flames will recall goaltender Jon Gillies prior to their game in Los Angeles tomorrow night. The Flames sent Chad Johnson home for precautionary reasons following his lower-body injury on Tuesday night. Even though the last two games are very important for the Flames in determining their playoff seeding Shannon wouldn’t be surprised to see the team give Gillies the start tomorrow.

Gillies, 23, had an outstanding career at Providence College before debuting in the AHL last year. A hip injury derailed his rookie season, needing surgery in December of 2015 to correct a long-standing issue. This year his game hasn’t come all the way back, posting just a .909 save percentage through 38 games at the AHL. He remains one of the top goaltending prospects in the league though, and may get his chance to start a game in the NHL for the first time tomorrow night.

  • The Buffalo Sabres have recalled Linus Ullmark for much the same reason, with Anders Nilsson suffering a minor injury. Robin Lehner will get the start tonight again Montreal, as the team winds down their season. Ullmark, still just 23, hasn’t gotten back on the ice in the NHL this season despite his impressive 20-game stint with the club last year. Registering a .913 save percentage in those games, the former Swedish pro has shown that he can handle the NHL game. This season hasn’t gone as well in the AHL, but he still remains part of the Sabres future in net going forward.
  • Scott Powers of The Athletic tells us that Radovan Bondra will join the Rockford IceHogs for their last few games before negotiating an entry-level contract. The 20-year old power forward had 63 points in 62 games split between the Vancouver Giants and Prince George Cougars of the WHL. At 6’5″ 220-lbs, the Slovakian winger already has more than enough size for professional hockey, but actually needs to improve his consistent physical game as he floats to the perimeter at times.
  • The Arizona Coyotes announced today that Kyle Capobianco will join the Tucson Roadrunners for the end of the season. Capobianco already signed his entry-level deal in October, and has just completed his fourth season with the OHL’s Sudbury Wolves. The defenseman racked up another 45 points this season, his third straight excellent offensive campaign for the Wolves. While the defensive game is still a big question mark for Capobianco, his size and skating ability should lend itself to a solid development path as he inches towards the NHL. He’ll be 20 next year and will probably play all season with the Roadrunners.
  • Samuel Morin and Colin McDonald are on their way back to the Lehigh Valley Phantoms, though one or both could be back in time for Saturday’s matchup against the Columbus Blue Jackets. Morin debuted successfully on Tuesday night, skating almost 18 minutes alongside Shayne Gostisbehere and registering seven hits in the game. While his game still needs work—as even he admitted after the game, saying that he still needed to mature physically—he provides hope for Flyers’ fans for the future of their blue line.
  • The Blue Jackets have assigned Oscar Dansk to the AHL following his season with Rogle of the Swedish Hockey League. The second-round pick from 2012 has continued to develop in Sweden while the Blue Jackets kept Joonas Korpisalo and Anton Forsberg here in North America. The three young netminders represent one of the strongest goaltending pipelines in the league at the moment, as each has shown high potential at times. They’ll compete for the NHL backup spot next season, and for starts in the AHL.

Pacific Notes: Kings, Miller, Oilers, Canucks

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While the Kings could still stand to add some offense before tomorrow’s trade deadline, it appears likely that they’ll be quiet on the trade front, suggests Elliott Teaford of the Daily Breeze.  He notes that one of the challenges for GM Dean Lombardi will be to find trade assets that teams will be interested in.  It’s well-known that the team wouldn’t mind moving on from wingers Dustin Brown (who has five years left after this one) at a $5.875MM cap hit) and Marian Gaborik (four years at a $4.875 cap charge) but they won’t be able to get quality assets in return for either of them.

There’s a good chance that this played a factor into their decision to add Ben Bishop and basically double down on a strength even though it doesn’t address their scoring concerns (heading into Tuesday’s action, Los Angeles sits 11th in the West in goals).  They do still have some cap space to play with though as they can add another $3.2MM in a full-season cap hit, per CapFriendly.

More from the Pacific:

  • The Canucks are looking into the possibility of trading pending UFA goaltender Ryan Miller, TVA Sports’ Renaud Lavoie reports (Twitter link). With the team now in sell mode, it wouldn’t be surprising to see them try to give Jacob Markstrom some more starts down the stretch and moving the 36 year old veteran would be one way to do so.  Lavoie suggests that the Flames and Sharks are among the teams looking at goaltending help.  However, both teams are tight to the cap which could make it a challenge to find the right fit, even if the Canucks retain on Miller’s $6MM deal.
  • The Oilers are also on the lookout for goaltending help behind Cam Talbot. It was reported earlier today that the team is interested in Islanders netminder Jaroslav Halak while Jim Matheson of the Edmonton Journal adds that Buffalo’s Anders Nilsson is someone they’ve kept tabs on lately.  Nilsson wouldn’t be an overly expensive upgrade while his 2.69 GAA and .921 SV% would represent a considerable improvement over what they’ve received from Jonas Gustavsson (3.10, .878) and rookie Laurent Brossoit (2.89, .910).  Matheson suggests a fourth round pick might be enough to get a deal done.
  • A pair of Canucks who presented with mumps symptoms earlier have received the green light to play, notes Patrick Johnston of the Vancouver Province. Defenseman Ben Hutton and forward Markus Granlund both tested negative and are expected to play tonight against Detroit.  However, forward Michael Chaput has tested positive and as a result, will be out indefinitely until the symptoms subside.

Sabres Notes: Gorges, McCabe, Playoff Push

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After weeks of nursing his injured hip for the past dozen games, Josh Gorges returned to the Buffalo Sabres last night in triumphant fashion reports Bill Hoppe of Buffalo Hockey Beat. The team beat the Ottawa Senators in all facets and took them down 4-0 in an impressive win. The 32-year old defenseman played just over 16 minutes, but chipped in an assist and was a +2 rating. While his possession numbers are still terrible this season, Gorges adds some grit to a blueline that has sorely missed it this year. With injuries to almost every member at times, the team has had inconsistency and unfamiliarity problems all season.

  • That perhaps is going to go away, now that Gorges and Jake McCabe have returned from their respective injuries. McCabe was sidelined for five games following a shoulder injury and Zach Bogosian, who was injured on Thursday evening against the New York Rangers, is only considered day-to-day. For a team that was expected to take a step forward this season, injuries have come hard and often this year.
  • But it’s the fact that those injuries are starting to heal that has Buffalo fans inspired for the next 30 games. The club has struggled this season to be sure, but with a strong start to 2017 (the team is 8-5-2 in the new year) and a very weak Atlantic Division, there is a chance they could go on a late drive for the playoffs. The team sits at 52 points after their win last night, and though that is tied for last place in the Eastern Conference, they’re only 6 points behind Boston for third place in the division and have played four fewer games. The incredible parity in the Eastern Conference has everyone still believing they’re “in it” at this point in the season, and with Buffalo’s injury excuse, perhaps they really are. When healthy (looking at you Jack Eichel), the team can boast enough goal scoring to keep up with any team, and the duo of Robin Lehner and Anders Nilsson has actually provided excellent goaltending (a team .923 save percentage has them third in the league). A healthy top four that includes Rasmus Ristolainen, Bogosian, McCabe and Dmitry Kulikov isn’t perfect, but may be enough to keep them relevant down the stretch.

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