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Snapshots: Vancouver, Michigan, CBA

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As hinted at by reports earlier today, Vancouver is officially out as a potential hub city for the NHL postseason. Once considered a favorite along side Las Vegas, the British Columbia metropolis nevertheless ended up as an underwhelming option in the eyes of the league. The club released a statement thanking those whose efforts went into Vancouver’s hub city campaign but acknowledging that they are out of the running. This result is believed to have stemmed from the Vancouver group’s inability to have a plan in place for responding to a positive COVID-19 test that would not lead to a stoppage in play. In Vancouver’s stead, Edmonton and Toronto are expected to receive more attention while Los Angeles and Chicago still remain in the running. By all accounts, Las Vegas has already secured its spot and just one city is left to be determined.

  • The University of Michigan has announced their 2020-21 recruiting class and, while all of these names have previously been revealed over the past few years, the talent involved warrants a reminder. The Wolverines are bringing in an elite group to Ann Arbor next season, headlined by a pair of potential 2020 first-round picks. Neither Thomas Bordeleau nor Brendan Brisson are guaranteed to be selected on Day One, the American forwards stand a good chance of earning a late-round selection. Fellow forward Philippe Lapointe, son of long-time NHLer Martin Lapointe, is also expected to be drafted at some point this year. Goaltender Erik Portillo has already gone through the draft process and landed at No. 67 to the Buffalo Sabres last year. The Swedish prospect may sit for a year, but will certainly start for Michigan at some point soon. Yet, what might be more exciting for Wolverine fans are not the past or present draft products, but the future. Hulking two-way defenseman Owen Power and super skilled center Kent Johnson round out the recruiting class as two of the top prospects available in the 2021 Draft. Michigan will groom them for a season before one or both very likely get the chance to bolt for the NHL in 2021-22.
  • Comments made by New York Rangers superstar Artemi Panarin have brought the escrow issue back to the forefront of NHL labor relations as the league and players’ association continue to work toward a CBA extension. Panarin went so far as to say that players should not report to Phase 3 training camps without a new deal in place that corrects the current escrow crisis. The two side are indeed making progress in CBA talks and Sportsnet’s Elliotte Friedman reports that escrow terms may even be close to complete. Friedman notes relays that a plan is in place that would cap escrow at 20% for the 2020-21 season, but would include a one-season-only 10 per cent salary deferral, protecting owners in the short term while returning money to the players down the road. As part of the agreement though, the salary cap could remain stagnant at the current $81.5MM upper limit for the next three seasons with the potential for it to potentially go up in 2022-23.
  • The New York Post’s Larry Brooks reports that these CBA terms could be packaged with the Return to Play Plan in a vote facing every member of the NHLPA. While recent player movement, especially out of Europe, and participation in voluntary activities would indicate that the players are on board with the proposed Return to Play plan, there is no indication of their feeling on the current escrow and salary cap issues and how that might impact the ability for both key policies to receive a majority vote.

Blue Jackets Notes: Recent Surge, Bjorkstrand, Wennberg

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No team in the NHL is hotter than the Columbus Blue Jackets in the new year. Columbus is 8-2-0 in their past ten games, which includes three shutouts and a pair of wins against the Boston Bruins. The team has now crept their way into the top wild card spot in the Eastern Conference, jumping ahead of the likes of Philadelphia, Carolina, and Toronto. Even more impressive is that the Blue Jackets have made this run while missing many of their best players: starting goaltender Joonas Korpisalo, top scorer Cam Atkinson and fellow forwards Oliver Bjorkstrand, Josh Anderson, and Alexandre Texier, and defensemen Ryan Murray and Dean Kukan. With those players on their way back to health – Atkinson made his return on Thursday – one would think that Columbus has a chance to not only sustain their success, but possibly even improve upon it.

Yet, the question then becomes whether the team can really buy in to this season after the events of 2018-19. Last year, the Blue Jackets went all in, trading away Anthony Duclair, two top forward prospects, a first-round pick, two second-round picks, and three additional picks to load up with rentals Matt Duchene, Ryan Dzingel, Adam McQuaid, and Keith Kinkaid. The team also opted not to move their own impending free agents in Artemi Panarin and Sergei Bobrovsky. Although Columbus stunned the Tampa Bay Lightning with a first-round sweep, the first playoff series win in franchise history, they fell in the second round and lost each of those six free agents in the off-season. If the Blue Jackets are again in a position only to battle for a wild card spot down the stretch, can the team risk another season of lost prospects and draft capital? Only time will tell how long the team can continue this dominant stretch and what position they may be in by late next month, but another active trade deadline would be a difficult hit to the team’s pipeline.

  • Columbus’ best bet may be to depend on their internal options to get healthy and play to the best of their abilities. The team announced a step in the right direction today, as Bjorkstrand has been activated from the injured reserve and will return to action for the first time since December 22. Bjorkstrand is actually returning earlier than his expected four-to-six week timeline, healing quickly from broken ribs. Bjorkstrand was on pace for a career year prior to his injury, with 23 points in his first 36 games. The 24-year-old winger was embracing his increased responsibility and Columbus has to hope that he can continue to excel in his elevated role the rest of the year. With Bjorkstrand back, Kevin Stenlund is the odd man out, reassigned to the AHL.
  • If the Blue Jackets are to lean on their existing roster this season for a playoff run, another intriguing situation will be the trade status of Alexander Wennberg. Wennberg has been on the trade block since early last season and in the minds of many hockey pundits remains a player that Columbus would like to move. The young center has not lived up to the long-term extension the team signed him to back in 2017, which carries a $4.9MM cap hit for three more years beyond this season. However, as opposed to last season when Wennberg recorded only 25 points and was scratched a handful of games, Wennberg too has embraced his increased role in the wake of free agent departures and injuries this year. The 25-year-old has played in all but one game for the Blue Jackets, recording 20 points. This puts him on pace for 34 points on the year, a sharp uptick from last season. It also makes him a top-six scoring forward for the team so far this year. Can Columbus afford to move out a player in such an important role this year for only salary cap purposes when they are trying to make it back to the postseason?

NHL All-Star Selections Announced

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Although it took some time, with each individual team rolling out their own selections, the final rosters for All-Star Weekend have come into focus. Below are each of the four divisional team, set to face off in the Skills Competition on Friday, January 24th and the All-Star Game on Saturday, January 25th:

Atlantic Division

G Frederik Andersen, Toronto Maple Leafs
G Tuukka Rask, Boston Bruins
D Victor Hedman, Tampa Bay Lightning
D Shea Weber, Montreal Canadiens
F Tyler Bertuzzi, Detroit Red Wings
F Jack Eichel, Buffalo Sabres
F Anthony Duclair, Ottawa Senators
F Jonathan Huberdeau, Florida Panthers
F Auston Matthews, Toronto Maple Leafs
F David Pastrnak, Boston Bruins (C)

Metropolitan Division

G Braden Holtby, Washington Capitals
G Joonas Korpisalo, Columbus Blue Jackets
D John Carlson, Washington Capitals
D Dougie Hamilton, Carolina Hurricanes
D Seth Jones, Columbus Blue Jackets
F Mathew Barzal, New York Islanders
F Jake Guentzel, Pittsburgh Penguins
F Travis Konecny, Philadelphia Flyers
F Kyle Palmieri, New Jersey Devils
F Artemi Panarin, New York Rangers

Central Division

G Jordan Binnington, St. Louis Blues
G Connor Hellebuyck, Winnipeg Jets
D Roman Josi, Nashville Predators
D Alex Pietrangelo, St. Louis Blues
F Patrick Kane, Chicago Blackhawks
F Nathan MacKinnon, Colorado Avalanche (C)
F Ryan O’Reilly, St. Louis Blues
F Mark Scheifele, Winnipeg Jets
F Tyler Seguin, Dallas Stars
F Eric Staal, Minnesota Wild

Pacific Division

G Marc-Andre Fleury, Vegas Golden Knights
G Darcy Kuemper, Arizona Coyotes
D Mark Giordano, Calgary Flames
F Logan Couture, San Jose Sharks
F Leon Draisaitl, Edmonton Oilers
F Anze Kopitar, Los Angeles Kings
F Connor McDavid, Edmonton Oilers (C)
F Elias Pettersson, Vancouver Canucks
F Jakob Silfverberg, Anaheim Ducks
F Matthew Tkachuk, Calgary Flames

Additionally, each divisional squad will have one more addition as decided by the Last Men In fan vote. Voting opens on January 1st and closes on the 10th. Here are the candidates:

Atlantic Division – Patrice Bergeron, Rasmus Dahlin, Dylan Larkin Aleksander Barkov, Max Domi, Jean-Gabriel Pageau, Steven Stamkos, Mitch Marner

Metropolitan Division – Teuvo Teravainen, Nick Foligno, Nico Hischier, Brock Nelson, Mika Zibanejad, Claude Giroux, Kris Letang, T.J. Oshie

Central Division – Jonathan Toews, Cale Makar, Jamie Benn, Ryan Suter, Matt Duchene, David Perron Patrik Laine

Pacific Division – Ryan Getzlaf, Clayton Keller, Johnny Gaudreau, Ryan Nugent-Hopkins, Drew Doughty, Tomas Hertl, Quinn Hughes, Max Pacioretty

Snapshots: Werenski, Kempny, Pominville

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Despite all that has happened over the past few month, Columbus Blue Jackets GM Jarmo Kekalainen has no regrets. He tells ESPN’s Greg Wyshysnki that the team’s decision to go “all in” at the trade deadline, holding on to Artemi Panarin and Sergei Bobrovsky and acquiring Matt Duchene and Ryan Dzingel, was a “calculated risk”. Even though all four have departed this summer via free agency, Kekalainen made his best effort to retain them and isn’t doing to dwell on the players’ decisions not to return. Instead, the bold executive is focused only on the coming season. Kekalainen answered Wyshynski confidently about a number of issues facing his team entering 2019-20, but paid extra attention to the stalled contract talks with RFA defenseman Zach Werenski:

The real frustration for me [is when it] drags on into training camp, because that’s a time for ‘team’… They start preparing and jelling and building that chemistry that we need as a team. When it goes to training camp time, it takes away from that preparation. It takes away from the team. That’s what I’m concerned about. And that’s where we’ve drawn the hard line before: We don’t believe in taking that preparation time away from the team. We think it should be resolved before the team gets together and gets ready for the season.

It seems that the Blue Jackets and Werenski are no closer to a resolution in contract talks and it is starting to impact the GM. With so much talent leaving Columbus this off-season and very few new faces arriving, Columbus needs their leaders and core players in training camp to get ready for what will likely be a more challenging season. Werenski is one of those key players and Kekalainen is clearly doing all that he can to get the talented young blue liner back under contract as soon as possible. As training camp draws closer, the question will be whether the Blue Jackets cave to Werenski’s demands to ensure that their valuable “preparation” is not adversely affected.

  • The division rival Washington Capitals may also be without a key defenseman in training camp and perhaps longer. Michal Kempny is still working his way back from a season-ending hamstring injury and The Athletic’s Tarik El-Bashir writes that there is no clear timeline for his return. Fortunately, after a summer spent rehabbing at home in the Czech Republic, Kempny has resumed skating back in D.C. and is working one-on-one with Capitals strength coach Mark Nemish. Kempny hopes to be ready for training camp, but truly has his sights set on simply being at full strength for the team’s regular season debut. “I’m getting there,” Kempny said, “I’m not 100 percent yet, for sure. I still need some time. If I’m going to make the (start of) training camp, that’s going to be great. But we’ll see… My goal is to be ready for the season.”
  • At one point this off-season, veteran forward Jason Pominville was also hoping to see another opening night of NHL action, but as the summer has drawn on without much interest in the free agent, his mindset has shifted. Pominville explained to NHL.com that he is “fine with the way things ended” last season, if it was indeed the end of his playing career. The 36-year-old returned to the Buffalo Sabres two years ago, re-joining the team with which he spent the first nine years of his now 15-year NHL career, and proved that he could still be a contributor, posting back-to-back 30+ point seasons and taking on an important role in the locker room. Pominville hoped that he could return to Buffalo for another season, but since that seems like a longshot, he’s content to stay in the city and not move his family, even if that means hanging up his skates.

Salary Cap Deep Dive: New York Rangers

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Navigating the salary cap is one of the more important tasks for any GM. 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 2019-20 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.

New York Rangers

Current Cap Hit: $80,489,799 (under the $81.5MM Upper Limit)

Entry-Level Contracts

F Kaapo Kakko (three years, $925K)
F Vitali Kravtsov (three years, $925K)
D Adam Fox (three years, $925K)
G Igor Shesterkin (two years, $925K)
D Yegor Rykov (two years, $925K)
F Filip Chytil (two years, $894K)
F Lias Andersson (two years, $894K)
F Brett Howden (two years, $863K)
D Libor Hajek (two years, $833K)
G Alexandar Georgiev (one year, $792K)

Potential Bonuses:

Shesterkin: $2.85MM
Kakko: $2.65MM
Kravtsov: $850K
Fox: $850K
Andersson: $850K
Chytil: $350K
Georgiev: $133K

The Rangers are in a fantastic position to be successful for the next several years as the team hit the jackpot in the draft and with being able to sign several of their top prospects this summer. Obviously, the most attractive of the bunch will be Kakko, the team’s second-overall pick in this year’s draft, who is expected to jump into the Rangers’ top-six immediately and is supposed to be more NHL-ready than any of the 2019 lottery picks. The 18-year-old scored 22 goals last year in the Liiga, playing alongside adults and is believed to be ready. On the other hand, the team also signed their ninth-overall pick in 2018, Vitali Kravtsov, who also spent last season playing with adults as he tallied eight goals in 50 games in the KHL. While he is expected to begin play with the Rangers next season, he may be penciled into more of a third-line role to begin with.

New York also brought in a pair of quality defenseman, which included trading for Fox, who forced a trade out of Carolina to get to the Rangers. The team then signed him to a three-year entry-level contract, prying him away from a senior season at Harvard. Fox, had a monster year as a blueliner, posting nine goals and 48 points in 33 games for the Crimson and looks ready to step into their blueline immediately. The team also managed to sign Rykov, their fifth-round pick from 2016, who has now played three full seasons in the KHL and could be ready to step in, although with the depth on their blueline, Rykov could start the season in the AHL.

On top of all that, the Rangers also managed to nab a stud goaltending prospect as well, signing Shestorkin, who many wondered whether he would ever come over to North America. At 23 years, old, Shesterkin has been a starter in the KHL for three straight years, putting up amazing numbers. Last season in 28 games, he posted a 1.11 GAA and a .953 save percentage. With the team’s goaltending situation likely looking different in the next few years, Shesterkin is the most likely heir apparent on the team. One player who could stand in his way is Georgiev, who only seems to have gotten better in the last year. While his overall numbers weren’t that impressive (33 games, 2.91 GAA, .914 save percentage), it did improve over the course of the year as the 23-year-old posted a 2.49 GAA and a .927 save percentage in 17 appearances after the all-star break, suggesting he could also find himself as the future.

The team also has to find out about what it has in both Chytil and Andersson. Both drafted in the first-round back in 2017, the two centers haven’t proven that they are part of their future yet. Chytil showed some success last year, scoring 11 goals and 23 points in 75 games, while Andersson got into 42 games last year, but only scored two goals and six points. Both must show they are ready to take that next step or they could find themselves replaced down the road. The team also has Howden, who appeared in 66 games last season and also must prove he can take on a bigger role. He tallied six goals and 23 points last year.

One Year Remaining, Non-Entry-Level

F Chris Kreider ($4.63MM, UFA)
F Vladislav Namestnikov ($4MM, UFA)
F Ryan Strome ($3.1MM, RFA)
F Matt Beleskey ($1.9MM, UFA)
F Jesper Fast ($1.85MM, UFA)
F Greg McKegg ($750K, UFA)
F Boo Nieves ($700K, UFA)

The most intriguing story that likely will go on all season is what will the Rangers do with Kreider. The 28-year-old winger posted 28 goals and 52 points last season, but after the team shelled out quite a bit of money this offseason for other key pieces to their franchise, there are a number of questions whether the team can now afford to keep Kreider, who becomes a free-agent this summer. While it’s still possible that New York could trade Kreider before the season starts, it’s possible the team will keep the winger to bolster their ever improving top-six and deal with his contract later or potentially move him at the trade deadline. The problem is that if the Rangers become playoff relevant next season, the team might have a difficult time moving out Kreider and then might decide to hold onto him instead, potentially losing him for nothing on July 1.

Many players will have to prove their value to get a new contract. Namestnikov, who performed well with the Lightning, has been a disappointing since coming over in the Ryan McDonagh trade. The winger scored 22 goals in 2017-18, but still struggled after the trade and then managed to get 11 goals last year. With a $4MM contract, the team could use some cap relief, but have failed to find a taker for the 26-year-old. Strome will be a restricted free agent still after next season, but if he can duplicate what he did with New York last year, he likely could have a future with the team. Despite starting the first 19 games with Edmonton with just one goal, the trade to New York got him going as he scored 18 goals in 63 games after that.

Fast, Beleskey, Nieves and McKegg all are now depth options who will have to fight to win bottom-line depth and prove their value for a potential new contract.

Two Years Remaining

G Henrik Lundqvist ($8.5MM, UFA)
D Marc Staal ($5.7MM, UFA)
D Brendan Smith ($4.35MM, UFA)
F Pavel Buchnevich ($3.25MM, RFA)

The team still has two more years remaining with Lundqvist at a high AAV, but the team has also seen the 37-year-old’s play continue to decline. While his GAA has dropped consistently in the last few years, it was his save percentage that dropped to a .907 save percentage, the lowest mark of his career. Much of that could have a lot to do with the Rangers’ rebuilding process this year. The team has to hope that if they can limit his starts (he played in 53 games last season) and with the improvement of both the offense and defense this season, Lundqvist should be able to bounce back. With the addition of Shesterkin and development of Georgiev, that is quite possible to pull back his starts into the 40-range.

The team is stuck with a pair of veterans in Staal and Smith. Both were discussed as potential buyout options this summer, but it was decided that neither move would have helped the team in the long-term. Staal continues to be a solid, but unspectacular blueliner and should continue in that role, while Smith will have to prove he belongs on the team and could find himself buried in the AHL as he was in the 2017-18 season due to his struggles.

The team has hopes that Buchnevich will continue to progress this season. He has gotten better each season in the league and is currently on a bridge-deal to prove his value. With 21 goals and 38 points last season, Buchnevich could be a key component of the Rangers future, especially if he can take his game up a notch next year. Ultimately, the 24-year-old is playing for a big contract in two years.

Three Years Remaining

F Mika Zibanejad ($5.35MM, UFA)

The Rangers finally got what they wanted last season when Zibanejad took that next step and proved to be the No. 1 center the team has been waiting for for years. The 26-year-old put up a career-high 30 goals, but more importantly saw his points improve from 47 points in 2017-18 to 74 points last year. With that next step taken, the Rangers have now added the firepower next to him to give the team one of the top lines in the league with Zibanejad as the centerpiece. The Rangers signed him to a five-year deal back in 2017 when he tallied just 14 goals and 37 points in 56 games, gambling on his potential, which now looks like quite a steal as the team still has three more years of a No. 1 center for a very reasonable price.

Four Or More Years Remaining

F Artemi Panarin ($11.64MM through 2025-26)
D Jacob Trouba ($8MM through 2025-26)
D Brady Skjei ($5.25MM through 2023-24)

The Rangers took the next step in their rebuilding project this summer when they spent $19.64MM AAV on two key players. They had to go higher than they wanted to for Panarin, but the Rangers inevitably sealed the deal and locked him up for the next seven years, giving them one of the best left wings in the game and another key piece to turning the franchise around. With Panarin and Zibanejad already locked into the first line, the franchise has a solid core to start the season. Who will play on the right side will be determined at training camp. The 27-year-old Panarin put up impressive numbers last season, scoring 27 goals and adding a career-high 87 points last season. The team also went out and traded for Trouba, who for years had made it clear he didn’t want to be in Winnipeg. Once the Rangers acquired him, it took a little time, but they were able to extend him for seven more years. The pressure will be on Trouba, who now has everything he wants, which includes becoming the team’s No. 1 defenseman. He will have to prove that he is up to it in New York.

As for Skjei, the defenseman rebounded last year with a stronger season after struggling in 2017-18. Despite seeing his offensive numbers drop from 39 points to 25 and finishing 2017-18 with a minus-27 rating from his rookie season to his sophomore campaign, the Rangers still signed Skjei to a six-year, $31.5MM deal. While his points total didn’t change at all, his plus/minus did improve as he finished with just a minus-four rating last season. The hope is that his development will continue and he will remain a key top-four option for New York for years.

Buyouts

D Kevin Shattenkirk ($1.48MM in 2019-20; $6.08 in 2020-21; $1.43MM in 2021-22 & 2022-23)
D Dan Girardi ($3.61MM in 2018-19; $1.11MM from 2019-20 to 2022-23)
F Ryan Spooner ($300K through 2020-21)

Retained Salary Transactions

None

Salary Cap Recapture

None

Still To Sign

F Brendan Lemieux
D Anthony DeAngelo

The cap situation will only get more challenging. Despite the Shattenkirk buyout, the team will have to pay out $6.08MM for him next season, which will make it difficult to continue to upgrade the team, another reason why Kreider might be difficult to re-sign.

However, the team does still need to sign two younger restricted free agents in Lemieux and DeAngelo. The team likes Lemieux’s irritating style of play and hope he can continue to improve in a bottom-six role with the team. DeAngelo also seems to have turned the corner and looks to be a lock on the team’s defense after several years of waiting on his skills to come around. With the cap struggles it’s dealing with this year, the team is still holding out hope that both players will eventually accept their qualifying offers to save the team money, while both players would prefer to get a little more.

Best Value: Zibanejad
Worst Value: Smith

Looking Ahead

The Rangers have pulled off an impressive rebuilding campaign that started in February of 2018 and in just a year in a half, the team has managed to bring in a number of top players and talent to give the team the faces of the franchise it needs to be competitive for many years into the future. With the impressive array of prospects it has managed to sign this offseason, the team has a bright future and a present that could begin as early as this year with Panarin and Trouba now under contract.

Photo courtesy of USA Today Sports Images.

Metropolitan Notes: Kreider, Gardiner, Konecny

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The New York Rangers have made a number of key improvements to their team with two significant moves that have affected the team’s salary cap situation. The Rangers signed star winger Artemi Panarin to a seven-year, $81.5MM deal on July 1, but also traded for defenseman Jacob Trouba and signed him to a seven-year, $56MM deal. While the team had plenty of cap space, the team now is somewhere between $900K and $1.55MM over the cap and that’s not including a number of restricted free agents left to sign, including Pavel Buchnevich, Brendan Lemieux, Anthony DeAngelo and Vinni Lettieri.

Because of that, The Athletic’s Rick Carpiniello (subscription required) writes that with those kinds of cap issues which should only get more challenging in the future, it likely ends the team’s run with forward Chris Kreider. The 28-year-old is in the final year of his contract and would likely seek a deal somewhere around seven years at $7MM per season, something that the Rangers can’t afford for a inconsistent forward who will be 29 years old when the new contract kicks in. It makes more sense that the Rangers will try to unload Kreider now for the most possible return to help with their cap issues.

  • In an article looking at three ways to improve the New Jersey Devils roster this offseason, NJ.com’s Chris Ryan writes that in a summer in which general manager Ray Shero has made some savvy moves, including acquiring P.K. Subban from Nashville for practically nothing as well as signing forward Wayne Simmonds to a one-year, $5MM “prove it” deal, the team can still make upgrades. He writes that the team should consider signing free-agent defenseman Jake Gardiner, who remains unsigned, in hopes of bolstering their weak left-side which has just Andy Greene, Will Butcher and Mirco Mueller there. Even Ty Smith, who is left-handed, played on the right side in junior, so there is a realistic opening on the left side and Gardiner might be a good fit there, assuming he’d be willing to come down from his rumored $7MM pricetag.
  • With a few key restricted free agent forwards already having signed, the Courier Post’s David Isaac writes in his mailbag piece that he believes that Philadelphia Flyers forward Travis Konecny is likely to sign within the next few weeks, especially now that a couple significant comparables have signed. the scribe writes that with Timo Meier having signed for four years at $6MM with San Jose and Jakub Vrana agreeing to a two-year deal at $3.35MM, it has set a market for Konecny. It’s likely that Konecny will fall somewhere between the two. The 24-year-old has had two straight 24-goal seasons and had a career-high 49 points last season. With the legitimate potential that a breakout season could come soon, it’s much more likely that Konecny opts to sign a short-term bridge deal over a long-term one.

Metropolitan Notes: Williams, Voracek, Kreider

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It’s been a busy offseason for the Carolina Hurricanes as the team has worked hard to improve their roster in hopes of keeping themselves relevant after a impressive playoff run last season. The team has already signed restricted free agent Sebastian Aho after matching the offer sheet he signed with the Montreal Canadiens. The team traded for Erik Haula and signed Ryan Dzingel to a reasonable deal as well. They also brought back goaltender Petr Mrazek to bolster their goaltending.

However, there is one thing still missing from their offseason so far and that’s a decision from veteran forward Justin Williams. News & Observer’s Luke DeCock writes that while Williams is still trying to decide whether he will return for a 19th season. The 37-year-old was still quite productive last season, putting up 23 goals and 53 points. However, he wants time before committing for another season.

DeCock writes that the expectation among the team is that Williams will return, but at the same time, no one really knows what he will do. However, Williams return could make a huge difference to their fortunes next season. While the team likely doesn’t need him to be a top-six scorer anymore, the team needs his leadership and abilities as he would get a simpler role as a bottom-six option.

  • The Athletic’s Charlie O’Connor (subscription required) analyzes the recent play of Philadelphia Flyers forward Jakub Voracek, who has seen his role as a top-line forward change. The 29-year-old has moved to the second line and is starting to see a change in his long-time role, according to O’Connor, who writes that the veteran is no longer a play-driver like he has been in previous years. Since signing his eight-year, $66MM deal back in 2015, he’s hasn’t put up peak numbers with the exception of his 2017-18 season in which he put up 20 goals and 85 points. While he once was a player who could lead a pair of rookies on his line, the belief is that he is no longer that player. While still a solid middle-six option, it looks like Voracek is entering a new phase in his career even though he has five more years at $8.25MM AAV.
  •  The Athletic’s Shayna Goldman (subscription required) writes the New York Rangers must make a decision on what they want to do with Chris Kreider. The 28-year-old forward is in the final year of his contract and should acquire a significant raise from his $4.63MM AAV this season. Goldman writes that while the team technically could wait to make a decision on whether they want to re-sign Kreider until the trade deadline next year, waiting that long could have its own problems. With Artemi Panarin, Jacob Trouba, Kappo Kaako and Vitali Kravtsov expected to join their lineup this season, the team could challenge for a playoff spot, which might make it difficult for the Rangers to trade off Kreider and then the team could conceivably lose him for nothing if they don’t intend to bring him back. With rumors that it might cost New York seven years at $7.3MM per season, the team has to make a big decision soon.

Snapshots: Panarin, McGinn, Greening

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It was hard to miss Artemi Panarin’s free agency decision on Monday, as an all-world player landed in the largest market in North America. However, what wasn’t clear right away was how Panarin’s new seven-year, $81.5MM contract with the New York Rangers was structured. CapFriendly has cleared that up, revealing the terms of the monster deal. To no surprise, the details continue to favor the star forward. While Panarin’s contract carries an $11.643MM cap hit, he will in fact make a salary of just $1MM each year. What this means is that Panarin’s deal includes nearly $75MM in signing bonuses, making the contract virtually buyout-proof. The bonuses role out in descending order, beginning with a $13MM bonus this season down to a $7MM bonus in 2025-26. Also unsurprisingly, Panarin’s deal includes a full No-Movement Clause. The investment in the 27-year-old Panarin, who has topped 70 points in each of his four NHL seasons, is pretty safe, which is lucky for the Rangers since is contract is all but immovable.

  • The deadline to file for salary arbitration is coming up, and the first name to file has been revealed. Speaking with media, including the Raleigh News & Observer’s Chip Alexander, Carolina Hurricanes GM Don Waddell noted that forward Brock McGinn has filed for arbitration. McGinn, 25, has emerged as a regular contributor for the ’Canes over the past two years, missing only two games and posting back-to-back seasons of 25+ points. He additionally contributed six points in 15 playoff games during the run to the Eastern Conference Final this year. McGinn is also one of Carolina’s most physical forwards and plays a role on the penalty kill. Yet, his ice time is still somewhat limited, particularly playing sheltered minutes to do some turnover tendencies. The Hurricanes will try to support their filing number by pointing out McGinn’s relatively minor role and lack of overall career results, while the player side will emphasize the recent climb in scoring and ice time and his platform year being arguably his best season to date and coinciding in a return to the postseason for Carolina. Waddell, who recently joked that the Sebastian Aho offer sheet had freed up his summer due to a lack of contract negotiations, is not out of the woods yet, with McGinn filing, Trevor Carrick, Anton Forsberg, and Saku Maenalanen eligible to file, and several other restricted free agents in need of extensions.
  • Veteran forward Colin Greening has called it a career reports Toronto Marlies reporter Jacob Stoller. Although Greening has played solely for the Marlies over the past three seasons, he logged close to 300 NHL games with the Ottawa Senators and Toronto Maple Leafs, including a 37-point season in 2011-12. Greening’s NHL production certainly declined as his career went on, but as he transitioned to a minor league leadership role, Greening ended up being both a reliable source of scoring and a key locker room presence. Greening will likely be remembered most for captaining the Marlies to the 2018 Calder Cup, as well as his dominant college career at Cornell University.

Artemi Panarin Signs With New York Rangers

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After the Columbus Blue Jackets, New York Islanders, Florida Panthers and Colorado Avalanche all made huge pitches to try and convince Artemi Panarin to join their squads, it ends up being the New York Rangers who will acquire his services moving forward. The Rangers have agreed to terms on a seven-year, $81.5MM deal with Panarin.

Panarin, 27, was the consensus No. 1 in our Top 50 UFAs this season, and will immediately become the highest-paid winger in the entire NHL. His cap hit is will be more than $1MM higher than Patrick Kane’s $10.5MM from several years ago and well ahead of the recent market set by Nikita Kucherov and Mark Stone at $9.5MM. Part of that is the fact that he actually got to unrestricted free agency, but there is good reason to think he will be able to perform at a high level for quite some time.

In the four years he has played in North America, the originally undrafted Panarin has only gotten better. Setting a career-high with 87 points last season in just 79 games, he proved that he could create offense with any type of linemate and established himself as a legitimate superstar in the NHL. That’s exactly what the Rangers were waiting for and have now had quite the summer. They had already traded for both Adam Fox and Jacob Trouba to improve their blue line, and drafted Kaapo Kakko second overall. Panarin’s contract is extremely expensive, but also puts the Rangers in line to compete for the playoffs as soon as next season.

This is a team that just over a year ago sent a letter to fans explaining that they were going to have to trade some “familiar faces, guys we all care about and respect” but were committed to building a Stanley Cup contending team. In such a short time the team has dealt away Ryan McDonagh, J.T. Miller, Jimmy Vesey, Rick Nash, Nick Holden, Adam McQuaid, Mats Zuccarello, Neal Pionk, Kevin Hayes and Michael Grabner in order to set themselves up with an almost unmatched prospect pipeline and a great chance of success in the future.

Now, after finishing near the bottom of the league and picking second overall, the rebuild is finished in New York. Panarin’s deal ushers in the next phase that will include competing for the playoffs. That doesn’t necessarily mean they’re finished trading though, as Chris Kreider and Vladislav Namestnikov remain just a year away from unrestricted free agency and may not be considered key parts moving forward.

Columbus Makes Late-Night Push To Re-Sign Artemi Panarin

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11:30pm: Midnight has come and gone in the eastern time zone without an announced contract for Panarin. The Blue Jackets can now only offer him a seven-year contract like any other team. Adrian Dater of Colorado Hockey Now reports that the Avalanche also offered a six-year, $70MM ($11.67MM AAV) deal to Panarin, though Elliotte Friedman of Sportsnet was told an even higher amount.

9:39pm: For most of the last year, all signs pointed to Artemi Panarin leaving the Columbus Blue Jackets for another team on July 1 as the top free agent available. The Florida Panthers had been rumored for months to be interested in acquiring his services, and then earlier today a report surfaced that he might be heading to the New York Islanders instead. Now in a late-night push the Blue Jackets have put their best offer on the table, one that Aaron Portzline of The Athletic (subscription required) reports is believed to be for eight years at an average annual value of $12MM. The Athletic’s Pierre LeBrun has heard the same, though Portzline suggests it could be even higher than that.

Panarin was the consensus top choice in our Top 50 UFAs this season, and is a superstar talent that can create offense all on his own. The most interesting part of the offer is that the Blue Jackets can only technically offer an eighth year until midnight (EST), after which they would be in the same position as any other team only able to offer seven seasons. With reports surfacing that the Blue Jackets’ other top free agents, Matt Duchene and Sergei Bobrovsky will be leaving town, it is obvious that GM Jarmo Kekalainen wanted to take one more crack at keeping one of his stars.

Currently the highest paid player in the league is Edmonton Oilers forward Connor McDavid who signed an eight-year, $100MM deal quickly after becoming eligible for an extension. Panarin though would easily become the highest paid winger in the league with a deal like this, and shatter the market set by players like Mark Stone and Nikita Kucherov in recent years. Patrick Kane, who signed his current deal back in 2014, currently carries a $10.5MM cap hit while Alex Ovechkin is more than a decade into his 13-year contract which carries a cap hit of $9.54MM.

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