Central Division Snapshots: Iginla, Blues, Weber
One of the few teams at this point in the season virtually assured of becoming a trade deadline seller is the Colorado Avalanche. The Avalanche currently have the league’s worst record and rumors have already begun to circulate that they could attempt to move major core pieces as soon as this month. Even if they stay the course with their core group, yet again, it’s likely the club will still look to deal players with expiring contracts and/or complementary veteran assets. One of those pieces is Jarome Iginla, and according to Adrian Dater, one potential suitor for the longtime NHL star could be the Chicago Blackhawks.
Chicago boasts a potent top line consisting of Artem Anisimov, Artemi Panarin and Patrick Kane. That trio has combined for 42 goals and 63 assists this season. The Hawks also have Jonathan Toews, one of the league’s top all-around centers, and terrific two-way winger Marian Hossa but have struggled in recent years to find another winger to fill out the line.
In his tweet, Dater indicates Iginla could function as a “replacement” for Hossa, but since the Slovakian winger is expected to be back in the lineup tomorrow, it’s unclear how, or even if, that would impact Chicago’s rumored interest in Iginla. It’s quite possible the Hawks would view the former Flames sniper as a player in need of a change-of-scenery and one who could contribute some big goals down the stretch and into the playoffs for a team with aspirations of capturing their fourth Stanley Cup in the last eight seasons.
Iginla is in the final season of a three-year deal with an AAV of $5.33MM and would qualify as a pure rental for any team looking to deal for him. After back-to-back strong seasons of 29 and 22 goals, the 39-year-old right wing has slumped to just five through 37 games this season for Colorado. However, a move to a playoff race, particularly if allowed to play with gifted offensive players like Toews and Hossa, could help rejuvenate the 20-year veteran.
The Blackhawks would have to figure out how to fit Iginla in under the salary cap as according to Cap Friendly, the team is slated to have just under $2MM in space at the deadline. They could certainly open up more room by reassigning a young player to the minor leagues and also could try to convince Colorado to take back salary by swapping a more valuable asset to the Avalanche in a hypothetical move.
Elsewhere in the Central Division:
- The St. Louis Blues are pushing for a renovation of the Scottrade Center and a recent proposal submitted to the city’s Board of Alderman seeks $67.5MM in taxpayer funds to help pay for it, as Mike Faulk and Koran Addo of the St. Louis Post-Dispatch write. According to the proposal, the city’s contributions would come from sales tax already generated at the venue and with a 1% sales tax on Blues tickets. The team’s Chairman, Tom Stillman, argues the arena is outdated and the renovations are necessary not only to satisfy the Blues’ needs but to ensure other events, such as NCAA basketball tournament games, remain in St. Louis: “The Scottrade Center is no longer competitive,” said Blues Chairman Tom Stillman, adding that NCAA and concert promoters have warned that they will stop coming to St. Louis without upgrades to compete with facilities in Indianapolis, Kansas City, Nashville, Tenn., and elsewhere. The team and the city also plan to petition the state for money for the renovation but governor-elect Eric Greitens has previously opposed taxpayer funding for stadiums/arenas, calling it “welfare for millionaires.” Whether Greitens’ reluctance to allocate public funds for such a project could hinder or even halt renovation is unclear. Additionally, if renovations are not completed on the arena, it’s unknown if that would prompt ownership to pursue moving the team to another market.
- Nashville welcomed back Shea Weber for his first visit to the city as a member of the Montreal Canadiens last night. And while seeing the former team captain in a different sweater must have been bittersweet for many fans, particularly given Nashville’s struggles and P.K. Subban‘s health issues, Adam Vingan of The Tennessean writes that ultimately the trade sending Weber to Montreal is one that shouldn’t be viewed with regret. Vingan argues that the reasons the trade was made last June still apply today. Simply put, Subban is younger and swifter than his counterpart and in four years, when Weber is 35 and likely well on the down-slope of his career, Subban will be 31 and likely still in his prime.
Chicago’s Pending Cap Crunch
There is one offseason event that quickly becoming an annual rite of passage, the Chicago Blackhawks and their efforts to stay under the salary cap. For the last few offseasons, Chicago has been forced to trade several quality players in order to keep the core of their Stanley Cup contending (or winning, depending on the year) team together.
Some recent cap casualties include forwards Michael Frolik and Dave Bolland (2013), defenseman Nick Leddy (2014), wingers Patrick Sharp, Brandon Saad, and Kris Versteeg (2015), and, most recently, winger Teuvo Teravainen being included as a sweetener to get rid of winger Bryan Bickell’s contract this past summer while Andrew Shaw was dealt to Montreal.
We’re still in December but it’s safe to say that GM Stan Bowman will be doing the ‘cap dance’ again this offseason if not sooner.
The re-signing of left winger Artemi Panarin to a two year, $12MM contract will allow the Blackhawks to keep one of the top scorers in the league in the fold but in doing so, have increased their payroll commitments for next season to quite a high amount with still a lot of roster spots to be filled. Here’s a look at their committed contracts for next year, according to CapFriendly:
Forwards (9):
Patrick Kane – $10.5MM
Jonathan Toews – $10.5MM
Artemi Panarin – $6MM
Marian Hossa – $5.275MM
Artem Anisimov – $4.55MM
Marcus Kruger: $3.083MM
Tyler Motte: $925K
Ryan Hartman: $863K
Vinnie Hinostroza: $718K
Defensemen (5):
Brent Seabrook – $6.875MM
Duncan Keith – $5.54MM
Niklas Hjalmarsson – $4.1MM
Gustav Forsling – $873K
Trevor van Riemsdyk – $825K
Goaltenders (1):
Corey Crawford – $6MM
Combined, they have over $66MM committed for only 15 players. That amount also doesn’t include what could a considerably high bonus overage (over $3MM if Panarin joins Brian Campbell in hitting his bonuses while other rookies could hit some as well). Add to that the fact that the minimum salary is jumping up by $75K to $650K next year and it’s clear that Bowman has some work to do.
Many are speculating that Kruger is a near-lock to be moved at some point, either via trade or the expansion draft in June. His contract isn’t particularly onerous given what he brings to the table but considering Chicago has been cutting out the mid-tier players to keep their pricey ones, he’s the first logical domino to fall.
If the salary cap doesn’t increase much from the current $73MM as is expected to be the case, moving out his salary may not be enough though which would make it much more likely that Bowman would have to tinker with his core. There are plenty of opinions on who would be the best fit to go in that situation but none of them are particularly ideal.
There’s no immediate rush for this to be dealt with as Chicago has until the start of next season to be in cap compliance, giving them more than nine months to work with. But it will undoubtedly be in the back of Bowman’s mind as he starts to map out his plan for next year as well as the remainder of this season as the conference-leading Blackhawks look to make another long playoff push.
Photo courtesy of USA Today Sports Images.
Reactions To The Artemi Panarin Signing
While many expected that Artemi Panarin would land a new contract between $6MM-$7MM, the fact that he only got two years was a bit of a surprise. Speaking with Chris Hine of the Chicago Tribune, Panarin’s agent, Tom Lynn, noted that Panarin was willing to take a small discount to stay on a short-term deal but wasn’t willing to on a long-term pact:
“We both, in a friendly way, recognized a long-term deal wasn’t feasible (and) not only moneywise. He’s two years away from getting no movement clauses. … that wasn’t feasible to give up unrestricted years on a discounted deal. At the same time neither side was into a one-year deal, just putting off the same conversation (until next year).”
Talks between the Blackhawks and Panarin had been ongoing since the summer; he had been eligible to sign an extension as of July 1st.
Hine suggests that center Marcus Kruger (with a cap hit of just under $3.1MM) could become one of the cap casualties and that he’s a prime candidate to be left unprotected in the upcoming Las Vegas expansion draft. He also notes that Rob Scuderi’s retained cap hit of just over $1.1MM will be off the books next season but that may still not be enough to squeeze in Panarin’s $6MM cap hit beginning next year.
More notes on the deal:
- USA Today’s Kevin Allen argues that the signing is a compromise in which neither side is happy but both sides are pleased with. While it’s not the long-term signing that both sides would have liked to get done, it at least gets him locked in for two more years alongside Patrick Kane as one of the most dynamic duos in the league and buys GM Stan Bowman more time to find a way to make room for him as a long-term fixture in a couple of years. Finding a way to fit him in on UFA money could be a challenge though as Allen suggests that Panarin could be worth upwards of $9MM when he hits the open market in the summer of 2019.
- One of the keys towards being able to fit in Panarin on his next deal will be the state of the Canadian dollar, writes Mark Lazarus of the Chicago Sun-Times. It has been trending downwards in recent years which has played a big role in the cap largely stagnating.
- While the smaller than anticipated cap hit provides a sliver of optimism that Bowman may be able to keep the entire core intact, it’s still an unlikely proposition, suggests Charlie Roumeliotis of CSN Chicago. Instead, it’s likely that they will have to further rely on young players on their entry-level deals to round out the roster such as defenseman Ville Pokka or winger Alex DeBrincat, who was a second round pick of the Blackhawks back in June.
Blackhawks Officially Announce Panarin Extension
The Chicago Blackhawks officially confirmed left winger Artemi Panarin‘s two-year extension on Thursday morning.
While the club did not reveal any of the financial details regarding the new contract, we reported on Wednesday that several hockey insiders, including Bob McKenzie, Elliotte Friedman, and Scott Powers, have all pegged the value at $6MM per season with a little more than half coming in the form of signing bonuses.
The 25-year-old Panarin is in his second season with the Blackhawks after playing the previous seven seasons in the KHL. He scored 77 points in 80 games as a rookie playing alongside Patrick Kane and Artem Anisimov, winning the Calder Trophy. Panarin and Kane showed especially strong chemistry, as Kane hit a career-high 110 points last season.
Panarin is the Blackhawks leading scorer so far this season, with 37 points in 37 games. That’s good for fifth in the NHL, behind only Connor McDavid, Sidney Crosby, Evgeni Malkin, and Vladimir Tarasenko.
Panarin is the final season of his two-year entry-level contract, which carries a cap hit of just $925K. Unfortunately for the Blackhawks, he has over $2.5MM of potential bonuses. He’s currently on pace to max out those bonuses for the second straight year. That represented a major part of Chicago’s cap overage of more than $3MM this season. Panarin is one of six players on the Blackhawks who have performance bonuses in their contract, adding up to a possible total of over $4.4MM which could be added to their cap. They currently have just over $427K in cap space.
With Panarin’s extension signed, GM Stan Bowman will once again have to get creative this summer to keep the band together in Chicago.
Extension Candidates: 2017 Restricted Free Agents
After Artemi Panarin signed a two-year extension earlier today that will pay him $6MM per season and take him right up to unrestricted free agency, the RFA pool for this summer got a little bit smaller. Other extensions that have already been signed include Aaron Ekblad (Eight years, $60MM), Jake Allen (Four years, $17.4MM) and Victor Hedman (Eight years, $63MM).
Even though these big names are already locked up long-term, there are a ton of other restricted free agents that will be negotiating extensions between now and July 1st. Here are a few big names who become RFAs this summer.
Leon Draisaitl, Edmonton: The former third-overall pick who once scored 192 points in 29 German junior-league games, has broken out this season with 31 points in 36 games. Already coming off a 50 point season, this 70 point pace puts him in elite territory up front. Only 21 years old, the Oilers will be looking to lock him up long-term to ride shotgun with Connor McDavid well into their peak years.
Alex Galchenyuk, Montreal: Another third-overall pick who put up a 50+ point season a year ago, Galchenyuk was off to a brilliant start before going down with injury early this month. Because he’ll be out for another month at least, Galchenyuk won’t rush into a contract that may not be representative of his development. This one might head into the summer, but if he comes back strong perhaps the two sides can come together before what looks like a long playoff run.
David Pastrnak, Boston: Not quite the same situation faces Pastrnak, who before this year showed promise but hadn’t played a full season in the NHL. With 26 points already he’s about to set his career-high and has a chance at a 40-goal season. Boston has a lot of money already tied up long-term in their forward group, with David Krejci, Patrice Bergeron, David Backes and Brad Marchand all under contract through at least 2020-21. They may not be able to afford buying out UFA years this summer, meaning a one or two year pact is more likely.
Blackhawks Agree To Terms On Contract Extension With Artemi Panarin
The Chicago Blackhawks and left winger Artemi Panarin have agreed to terms on a contract extension, reports Scott Powers of The Athletic. The scribe notes that the deal was finalized earlier today and is expected to be announced on Thursday morning. Sportsnet’s Elliotte Friedman reports (Twitter link) that it’s a two year deal with a cap hit of $6MM. He will be an unrestricted free agent at the end of the contract while TSN’s Bob McKenzie adds via Twitter that more than half of the money in the deal will be in the form of a signing bonus.
Panarin, last year’s Calder Trophy winner for Rookie of the Year, is Chicago’s leading scorer this season with 37 points (15-22-37) in 37 games and sits fifth in scoring league-wide. He’s in his second year with Chicago and recently became only the 27th player in NHL history to record his first 100 points in 110 games.
Panarin is in the second and final season of his entry level contract that carries a cap hit (before bonuses) of just $925K. However, he has over $2.5MM of potential Schedule A and B bonuses that he maxed out on last season, which helped contribute to Chicago’s bonus overage this year that’s greater than $3MM. If he continues his current pace, he’ll likely max out of them again which will result in another overage for the Blackhawks next season given that the team is quite tight to the salary cap and already have a $750K bonus achieved by defenseman Brian Campbell.
Fitting in this contract may be a challenge for Chicago next year as they already have over $60MM committed in payroll, per CapFriendly before factoring in Panarin. It has been speculated that if they were to get him signed, they would have to move one of their core players in order to stay under the cap for next season. With the deal now done, GM Stan Bowman now knows exactly how much space he’ll have to try to free up between now and next October.
Blackhawks Notes: Anisimov, Hossa, Goalies, Gilbert
The Chicago Blackhawks announced via Twitter that they have activated center Artem Anisimov from IR while placing winger Marian Hossa on IR retroactive to December 20th. Hossa is expected to miss the first half of the team’s upcoming road trip which runs from December 27th through January 2nd, according to Scott Powers of The Atlantic. Powers adds that Blackhawks head coach Joel Quenneville hopes to have Hossa back for the Winter Classic game against St. Louis.
Hossa, who will turn 38 on January 12th, is having a resurgence of sorts with 16 goals and 23 points in 34 contests. Last season, the gifted two-way winger posted the lowest offensive numbers since his rookie campaign in 1998-99, tallying 13 goals and 33 points in 64 games.
Anisimov, who has been out of action since December 17th, is in the midst of a career season with 14 goals and 27 points through 32 contests. His previous best output came during the Russian pivot’s second full campaign when Anisimov registered 18 goals and 44 points in 82 games.
In other Blackahwks news:
- Mark Lazerus of the Chicago Sun-Times hosted a mailbag segment addressing a number of Blackhawks items, including the team’s goaltending situation. With Artemi Panarin set to hit restricted free agency this summer and the team short on available cap space, one scenario that has been suggested to clear salary is moving starting goaltender Corey Crawford and his $6MM cap charge. While acknowledging Scott Darling‘s solid play this season in relief of Crawford and arguing the pending unrestricted free agent will be in the position to look for a starting job, Lazerus argues that job will have to be elsewhere. As Lazerus points out, Darling is already 28 and time is running short for him to find either an outright starting job or at least a timeshare. Also, Crawford is among the best netminders in the league, as Lazerus opines, and the Blackhawks would be best served keeping him between the pipes.
- Scott Powers, writing for The Atlantic, tells the story of defenseman Dennis Gilbert, an unheralded third-round draft pick in the 2015 draft who is quietly developing into one of the team’s top prospects (subscription required). As Powers notes, Gilbert first came to the attention of Chicago evaluators at the behest of Hall of Fame head coach Scotty Bowman, whose son Stan is the Blackhawks GM. Gilbert is currently in his sophomore season patrolling the blue line for Notre Dame and has contributed six assists in 17 games.
Blackhawks Notes: Panarin, Crawford, Tootoo, Krys
Despite only being in his second year in the NHL, Artemi Panarin has rapidly developed into one of the Chicago Blackhawks most important players. After netting 30 goals and 77 points as a rookie, Panarin is producing at a point-per-game rate and currently ranks fifth in the league in scoring as a sophomore. Set to become a restricted free agent in the summer, Panarin is poised to cash in and score a substantial long-term contract from Chicago.
Given Chicago’s current salary cap situation, the team is going to have to make some difficult decisions to make in order to free up enough space to fit Panarin’s next pact under the cap ceiling. As it stands today, the Hawks have roughly $60.6MM in salary cap commitments to 14 players in 2017-18. Depending on exactly where the cap ceiling falls, that would leave Chicago with somewhere between $13MM and $15MM in available space. Unless the team makes other moves to shed salary, the Blackhawks will have a tough time fleshing out their roster if they sign Panarin to a market-value extension.
As they’ve had to do often in the past, it’s likely the club will end up moving some veteran talent to free up space. With backup goalie Scott Darling performing well in Corey Crawford‘s recent absence, some have speculated Chicago could look to move the latter and his $6MM cap charge. However, Chris Hine of the Chicago Tribune opines that moving Crawford is not the solution to the Blackhawks Panarin question.
While acknowledging that the team and their fans are likely tired of seeing some of their top young talent traded away due to salary cap concerns – Brandon Saad, Teuvo Teravainen and Andrew Shaw are a few of the players Chicago has drafted and developed only to see them moved elsewhere because of financial considerations – Hine believes any notion of dealing Crawford ignores the goalie’s importance to the team. Hine argues that Crawford has established himself as an elite netminder and his contributions to two Stanley Cup championships should not be ignored.
Additionally, Crawford has a modified NMC and there is little reason to believe he would waive it to facilitate a trade. While the specifics of the NMC are unknown, at the very least it would serve to limit Crawford’s market and complicate any potential trade. Further impacting the veteran goaltender’s hypothetical market is his $6MM cap charge. Few teams currently need a goalie and even fewer are in the position to take on that type of commitment.
Ultimately the Hawks will find a way to get a deal done with Panarin. He’s simply too talented and important to Chicago for them to let him get away. Blackhawks GM Stan Bowman will inevitably have to make a tough decision or two to free up the necessary cap space but moving Crawford likely won’t be one of them.
In other Blackhawks news:
- Despite being on the smaller side – 5-foot-9, 195 pounds – Jordin Tootoo has carved out a lengthy NHL career playing a tough, physical style and often fighting players much larger than himself. After a nine-point season with New Jersey in 2015-16, Tootoo hit free agency at a time when more teams are moving away from employing one-dimensional tough guys. Fortunately for the diminutive winger, Chicago found themselves in need of a veteran presence willing to work at or near the league minimum and inked the 33-year-old to a one-year deal worth just $750K. Tootoo recognizes the situation he now finds himself in and is willing to do whatever it takes to help his new team, as Scott Powers of The Athletic writes in a Q & A piece. Tootoo has yet to register a point on the season and is averaging just 6:44 of ice time per contest, but has done quality work as Chicago’s resident agitator and enforcer.
- Just days after Chicago forward prospect Alex DeBrincat was cut from Team USA’s WJC entry, fellow Blackhawks prospect Chad Krys was announced as the team’s final cut, CSN Chicago’s Charlie Roumeliotis reports. Krys, who represented Team USA last year in the same tournament, is in the midst of his freshman season at Boston University after the Hawks selected the defenseman in the second-round of the 2016 draft.
Evening Snapshots: Spectacular Sophomores, Hartman
- The Hockey News’ Jared Clinton makes his case for five players who avoided the dreaded sophomore slump this season. At the top of his list is Edmonton’s Connor McDavid, who Clinton writes is the reason for the Oilers’ turnaround this season. Had it not been for the clavicle injury last season, McDavid would have had one of the best back-to-back seasons that rivaled Sidney Crosby and Alex Ovechkin. Next is the Blackhawks’ Artemi Panarin, who Clinton believes the Hawks have to absolutely re-sign at all costs. That would certainly cause some financial posturing, but he believes Panarin to be a devastating personnel loss should he go elsewhere. The Winnipeg Jets’ Nikolaj Ehlers, the Hurricanes’ Jaccob Slavin, and the Blues’ Colton Parayko round out Clinton’s top five.
- The Blackhawks have been on a tear lately and rookie Ryan Hartman has been one of the brightest spots for Chicago. Chris Hine writes that the young forward has learned quite a bit about being more patient on the ice and not corralling penalties as he would have in the past. Hine describes him as an irritant, there’s a reason for Hartman’s change of play:
“You have an opportunity to play in the NHL and be in the lineup every night. If you’re going to take penalties and do that kind of stuff, you’re not going to be in the lineup for long,” Hartman said. “I just try to stay out of the box as much as possible, and it related to me being on the ice more.”
Drawing penalties instead of causing them has been a boon for the Hawks and the young forward. He’s also shown a knack for scoring timely goals. Hartman notched the winner against San Jose on Sunday night and already has six on the season. Playing for a coach known to favor veterans, Hartman is making the most of his chance and certainly justifying his playing time from Joel Quenneville.
Snapshots: Three Stars, World Junior Captains, Iginla
The NHL has named Artemi Panarin, Henrik Lundqvist, and Eric Staal as its Three Stars of the Week.
Panarin had three goals and seven assists for 10 points in four games. He bookended two thee-point performances with a pair of two-point nights as the Blackhawks continued their five-game winning streak. Panarin now has 34 points in 34 games this season
This week marks the second consecutive week with a New York Rangers goaltender as the second star. Last week, Antti Raanta was the second star as he temporarily took over the starting role from Lundqvist, but now the man they call The King has taken back over. Lundqvist went 3-0-0 and allowed just three goals to go with his 0.967 SV%. He and Raanta combined for a shutout when Lundqvist was forced to leave a game after being run over by Cody Eakin (for which he was suspended).
Staal had four goals and five points in three games as part of a 3-0-0 week. The Wild have now won seven straight and Staal is leading the team in goals, assists, and points; he has 24 points in 30 games in his first year in Minnesota.
- Hockey Canada has named its leadership core for the upcoming World Junior Championships. Arizona Coyotes prospect Dylan Strome will wear the C for Canada, while Mathew Barzal and Thomas Chabot will serve as alternate captains. All three players played for Canada at last year’s tournament and appeared in the NHL at the start of the season. While they combined for just 10 games and one assist in the NHL, all three are 2015 first-round picks and dominant CHL players. Strome has 295 points in 191 games with the Erie Otters; Islanders sixteenth-overall pick Barzal has 281 points in 174 games with the Seattle Thunderbirds; Chabot, a defenseman picked eighteenth overall by Ottawa, has 128 points in 182 games with the Saint John Sea Dogs.
- The Vancouver Canucks most recent first-round pick, Olli Juolevi has been named captain of Team Finland. Juolevi had nine assists in seven games in last year’s tournament, as Finland won gold. So far, Juolevi has 21 points in 26 games with the London Knights.
- Today marks 21 years since the Calgary Flames acquired Jarome Iginla from the Dallas Stars for Joe Nieuwendyk. The trade worked out pretty well for both teams: the Stars won the Stanley Cup four years later with Nieuwendyk playing a key role, and Iginla became the face of the Flames franchise. Nieuwendyk was in the prime of his career, while Iginla was an eleventh-overall pick playing for the Kamloops Blazers. Amalie Benjamin of NHL.com tweeted that Iginla initially thought he had been traded to the WHL’s Calgary Hitmen. After turning pro, Iginla scored 1095 points in 16 years with the Flames, leading them to the Stanley Cup Finals in 2004. He’s bounced around between Pittsburgh, Boston, and Colorado in the four years since he was traded. Iginla could be on the move again this year, as the Avalanche are one of the worst teams in the NHL and he could want to go to a contender for the end of his career.