Salary Cap Deep Dive: Edmonton Oilers
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.
Edmonton Oilers
Current Cap Hit: $79,066,999 (under the $81.5MM Upper Limit)
Entry-Level Contracts
F Joakim Nygard (one year, $925K)
F Cooper Marody (two years, $925K)
F Kailer Yamamoto (two years, $894K)
D Evan Bouchard (three years, $894K)
F Tyler Benson (two years, $808K)
D Caleb Jones (one year, $720K)
D Ethan Bear (one year, $720K)
Potential Bonuses
Bouchard: $850K
Yamamoto: $230K
Marody: $75K
Jones: $70K
Bear: $20K
The team have a number of young players on entry-level deals, but so far while there is a ton of potential here, not one player has stepped up and established themselves as a full-time player on the Oilers roster. Yamamoto, the team’s 2017 first-rounder, was expected to provide the speed that the team needed to develop a fast-paced offense, but after 26 NHL games, he’s provided just one goal and four assists. Marody has appeared in six games with no points, while Benson, despite quite a bit of success in the AHL, hasn’t gotten a chance at the NHL level, although that’s likely to change this season. The team also has high hopes in Nygard, who is a speedy winger, who is coming off a 21-goal campaign in the SHL, but remains a mystery.
On defense, the team might get their 2018 first-round pick, Evan Bouchard, to make the team and contribute quickly, but he also must prove to the team that he’s ready for that opportunity. However, Bouchard already has seven games of experience with the Oilers (scoring one goal), while posting three goals and eight points for the Bakersfield Condors of the AHL in eight playoff games. Other defenseman might also be ready, including Bear and Jones. Bear has played two seasons now in the AHL, while Jones got 17 games with the Oilers last season and might be the most NHL-ready.
One Year Remaining, Non-Entry-Level
D Darnell Nurse ($3.2MM, RFA)
F Sam Gagner ($3.15MM, UFA)
D Brandon Manning ($2.25MM, UFA)
G Mike Smith ($1MM, UFA)
F Zack Kassian ($1.95MM, UFA)
D Matt Benning (1.9MM, RFA)
F Markus Granlund ($1.3MM, UFA)
F Kyle Brodziak ($1.15MM, UFA)
F Josh Archibald ($1MM, UFA)
D Joel Persson ($1MM, RFA)
F Tomas Jurco ($750K, UFA)
F Colby Cave ($675K, RFA)
The bulk of the Oilers contracts seem to be one-year deals, which means that many players will have to prove to the Edmonton front office that they deserve a new contract. The team will likely unload the contracts of both Gagner and Manning after this season, which should free up $5.4MM of cap space. The Oilers traded for the veteran Gagner near the trade deadline and he contributed five goals and 10 points in 25 games for Edmonton, but he likely will take a bottom-line role with Oilers this season, while Manning has never been a good fit after being acquired from the Blackhawks in December last season. Smith is another veteran the Oilers have high hopes for, but the team will reassess its goaltending situation at the end of the year and whether to bring the then 38-year-old back for another season. The same can be said for players like Archibald, Granlund and Jurco.
The team will have pay up next season for Nurse, a restricted free agent, who put up career-high numbers last season with the Oilers. The 24-year-old put up 10 goals and 41 points and averaged 23:49 of time on the ice. He also blocked 146 shots, while adding 162 hits as well, making him a solid all-around player despite seeing his plus-minus drop from a plus-15 in 2017-18 to a minus-five last year. The team must decide whether to keep Benning, who will also be a restricted free agent. Benning saw his playing time drop by almost three minutes since the previous year and might lose his job to some of the team’s young defensive prospects.
The team also have a number of veteran players, who will hit unrestricted free agency, including Kassian, who saw career highs in ATOI (14:48) and goals (15) and also put up 191 hits as a bottom-line forward for the team. At 28, he could be considered an important keeper for the Oilers. Unfortunately, Brodziak’s success in Edmonton wasn’t as impressive as the veteran center averaged just 11:42 of ATOI, while scoring career low six goals and nine points.
Two Years Remaining
F Ryan Nugent-Hopkins ($6MM, UFA)
D Adam Larsson ($4.17MM, UFA)
D Kris Russell ($4MM, UFA)
F Alex Chiasson ($2.15MM, UFA)
F Jujhar Khaira ($1.2MM, RFA)
This could be an interesting year for Nugent-Hopkins, who has always been an excellent defensive player, but now has established himself as a solid offensive player as well with a career-high 28 goals and 69 points. However with his contract coming up in two years, the Oilers might want to decide whether he is worth handing a long-term, expensive deal to. If they aren’t ready to lock him up, the Oilers might get the most value for Nugent-Hopkins at the trade deadlines. After all, top-six centers rarely come available and considering that any team that trades for him automatically gets another full season out of him, he might become quite a valuable trade chip.
The Oilers must also decide what they want to do with two of their highly-paid defensemen in Larsson and Russell. Both blueliners receive more than 20 minutes a night, but neither provides much offensive talent and haven’t been that helpful lately on defense either and between the two of them, the Oilers are giving them $8.17MM. Larsson put up comparable offensive numbers last year, but saw his defensive numbers drop as his minus-28 plus-minus was his lowest in his career by far. Russell also had comparable numbers from the last couple of years and kept his plus-minus in the positive, but the team may look to find a taker for either of them at the trade deadline.
Chiasson earned his two-year deal after posting a career-high 22 goals last season after winning a job in training camp on a PTO. The team hopes that the 28-year-old can duplicate that season. Khaira scored just three goals last season and will have to prove that he belongs on the roster next season.
Three Years Remaining
G Mikko Koskinen ($4.5MM, UFA)
Edmonton surprised many when former general manager Peter Chiarelli signed Koskinen to a three-year, $13.5MM extension last season despite a small sample size as an NHL goaltender. Koskinen didn’t fare that well in the second half of the season after signing the extension, putting up a 3.07 GAA and a .902 save percentage, which could make this a rocky relationship if Koskinen can’t prove to Edmonton that he is a No. 1 goaltender. The 31-year-old goaltender has spent most of his career in the KHL and may not be the answer that the Oilers were hoping for.
Four Or More Years Remaining
F Connor McDavid ($12.5MM through 2025-26)
F Leon Draisaitl ($8.5MM through 2024-25)
F James Neal ($5.75MM through 2022-23)
D Oscar Klefbom ($4.17MM through 2022-23)
The team has a couple of stud players in McDavid and Draisaitl and most would suggest that they are worth their contracts and they might even be bargains considering how well they were playing. Both have proven to be top-line players and they both broke the 100-point barrier last season and combining for 91 goals. The fact that both are locked up for at least another six years (seven for McDavid) shows that Edmonton already has a base of two franchise players and just need to fill out the rest of their roster with solid players who can fill out the rest of the team.
Neal is an interesting gamble by new general manager Ken Holland. The team was looking for a way to unload the untradeable contract of Milan Lucic, but managed to get the long-term deal of Neal, who is coming off 10 straight seasons of 20 goals or more, before his seven-goal performance last year in Calgary. The team hopes that the 31-year-old can prove that last year’s egg was just a fluke and the veteran can bounce back and provide some scoring on the wing for a team that really needs it.
Klefbom is another interesting defenseman, who the team hopes can improve, especially offensively. The 26-year-old managed 38 points back in the 2016-17 season, but has hasn’t been able to break 30 points since then. While his minutes are impressive, Edmonton needs to get more from one of their defensemen, who they signed assuming he would develop into a top-line defender.
Buyouts
D Andrej Sekera ($2.5MM in 2019-20 & 2020-21; $1.5MM in 2021-22 and 2022-23)
F Benoit Pouliot ($1.33MM per year through 2020-21)
D Eric Gryba ($300K in 2019-20)
Retained Salary Transactions
F Milan Lucic ($750K per year through 2022-23)
Still To Sign
Much has already been written about the impasse between the Oilers and Puljujarvi, who has demanded to be traded because he believes he can’t become a top forward in Edmonton. Holland has received no viable offers from other NHL teams and it looks likely that Puljujarvi might have to stay overseas for a season and hope that he can develop his game overseas with Karpat of the Finnish League and come back in a year with a new sense of purpose. However, nothing has happened yet and there’s always a possibility that he opts to come back to Edmonton and tries it again. The only problem: he’s not waiver exempt anymore, meaning he must stay on Edmonton’s roster or be placed on waivers and undoubtedly would be claimed by another team.
Best Value: Draisaitl
Worst Value: Koskinen
Looking Ahead
The team has its franchise players and with plenty of cap space freeing up next season, the team might have a way to add even more talent. However, what Edmonton needs more than anything is to see some of their young talent take that next step and begin making some major improvements. The Oilers have a dearth of talent on defense that should slowly be trickling in over the next few years, but more than anything Edmonton needs scoring. While McDavid and Draisaitl cost the franchise a great deal, the team must find the wingers that can get the team back into the playoffs.
Photo courtesy of USA Today Sports Images.
Salary Cap Deep Dive: Edmonton Oilers
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 2018-19 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.
Edmonton Oilers
Current Cap Hit: $75,521,166 (under the $79.5MM Upper Limit)
Entry-Level Contracts
F Jesse Puljujarvi (one year, $925K)
F Kailer Yamamoto (three years, $894K)
D Ethan Bear (two years, $798K)
Potential Bonuses
Yamamoto: $230K
Puljujarvi: $2.5MM
Bear: $70K
Total: $2.8MM
One major need is for the Oilers to get some help from their young players. Perhaps the most intruiging prospect is Puljujarvi, the team’s fourth-overall pick in 2016. After struggling in his rookie season, Puljujarvi showed some promise last year, scoring 12 goals in 65 games, but the 20-year-old still hasn’t proved that he can be a top-six winger yet. Regardless, the Oilers have resisted trading the prospect as they have received quite a bit of attention from other teams. Yamamoto also struggled in a early-season tryout last season as he played in nine games (tallying just three assists) before being sent back to juniors. However, after scoring 21 goals in 40 games with the WHL’s Spokane Chiefs, the speedy Yamamoto might be ready to claim a spot on Edmonton’s roster this season.
One Year Remaining, Non-Entry-Level
G Cam Talbot ($4.17MM, UFA)
G Mikko Koskinen ($2.5MM, UFA)
F Tobias Rieder ($2MM, RFA)
G Al Montoya ($1.03MM, UFA)
D Jakub Jerabek ($1MM, UFA)
F Ty Rattie ($800K, RFA)
D Kevin Gravel ($700K, UFA)
F Jujhar Khaira ($675K, RFA)
F Pontus Aberg ($650K, RFA)
The team has many decisions to make with their goaltending next season. All three goaltenders are on one-year deals and will have to prove their value to the franchise for a new contract. Talbot will be the chief goaltender who must prove that last year’s disappointing season was a fluke as the 21-year-old went from a 2.39 GAA in 2016-17 to a dismal 3.02 GAA last year. His .919 save percentage in the 2016-17 season dropped to a .908. So which is he? If Talbot can rebound and show that he’s closer to the 2016-17 season, the team will likely lock him up for several more years, but if not the team may look elsewhere for goaltending help.
Another factor could be Koskinen’s presence. Brought over from the KHL, the 30-year-old veteran has been one of the top goalies in the KHL for the past six seasons, but whether he can make the conversion to the NHL is a whole new question. However, a good showing could change the way Edmonton looks at Talbot and his contract in one year. If neither is capable of locking down the No. 1 job, the team should find quite a few interesting names in the free agent market next season.
The team does have hopes that they can properly develop the speedy Rieder, who signed a one-year “prove it” deal, which could turn into a two-year deal considering that he’ll still be a restricted free agent next year. The 25-year-old has scored 12 or more goals for four seasons, but has never been able to take his game to another level and now is on his third organization in one year, which suggests that two organizations have given up on him. However, with his speed, he could be the perfect complement to the team’s top speed line.
Two Years Remaining
F Ryan Strome ($3.1MM, RFA)
F Zack Kassian ($1.95MM, UFA)
D Matt Benning ($1.9MM, RFA)
F Drake Caggiula ($1.5MM, RFA)
F Kyle Brodziak ($1.15MM, UFA)
D Keegan Lowe ($675K, UFA)
Strome was the key piece in the Jordan Eberle deal last offseason, but while he posted moderate numbers, he hasn’t yet proven that he will be a significant part of the future of the Oilers. The forward’s production continues to decline. The 25-year-old posted 13 goals, the same he did a year ago, but he also played a full season this year, as opposed to just 69 games in 2016-17. However, no one is quite sure what his role will be going forward although the team has two years to figure it out. Is he a top-six winger, who can put up a large number of goals or a bottom-six center? Caggiula has a similar issue. Signed as an undrafted free agent out of the University of North Dakota, Caggiula has improved, posting 13 goals himself last year, but hasn’t been able to provide the breakout season the Oilers are looking for out of their youth. The 24-year-old struggled with consistency throughout the year as he had several significant streaks where he didn’t even register a point and disappeared on the ice, but again, the team has two more years to figure out what it has in him.
The team did add Brodziak to its roster to provide veteran depth to their roster. The 34-year-old center had a impressive year last year, posting 10 goals and 33 points, his best season since the 2011-12 season. In just his second season, Benning received a significant uptick in minutes played after several teammates went down with injuries. The 24-year-old blueliner, known for his big checks, played well, but is not likely ready for a top-four role as yet. However, with injuries already mounting, that may become inevitable.Read more
Poll: How Many Remaining Veteran Free Agents Will Sign?
With just one day left in July, free agents have had a month to find employment in the NHL. Last summer, there were less than 20 unrestricted free agents signed after the end of July through the beginning of the regular season. This off-season, there are a plethora of notable names left on the market, but at this point is is unlikely that they all find a new home in the league. The question now is how many of these top names get lucky.
Rick Nash could find a landing spot if he wanted to. The six-time All-Star is currently evaluating his future in hockey versus his health after suffering yet another concussion this season. Should he decide to return, he would likely have more than a few teams interested in a short-term deal.
If Nash opts not to return, the top-scoring forward from last season left on the market is actually Mike Cammalleri. Cammalleri, 36, quietly put up 29 points last season after a hot start with the Los Angeles Kings and then a trade to the Edmonton Oilers. The former point-per-game player is not quite that kind of scorer any more, but could still contribute to a number of teams.
Benoit Pouliot was a perennial 30-point player until he turned 30 and has struggled the past two years. In the right situation, he could still make an impact. The same goes for Mark Letestu, Drew Stafford and Jannik Hansen. Ales Hemsky was highly productive before injuries derailed his career, but remains a possible high-ceiling gamble if back at 100%.
Other available forwards bring more of a two-way game such as Daniel Winnik, Scott Hartnell, Scottie Upshall, Chris Stewart, Antoine Vermette, Jussi Jokinen, Tommy Wingels, Jason Chimera, Joel Ward, Dominic Moore, Matt Stajan, and Lee Stempniak. There are also some younger options like Alex Chiasson, Nick Shore, Logan Shaw, Tomas Jurco, and Freddie Hamilton.
On the blue line, Luca Sbisa is reportedly drawing interest from several teams across the league. Although he suited up for just 30 games with the Vegas Golden Knights, he managed to register 14 points and plays a strong checking game. It would seem that Sbisa is in line for a contract at some point.
But what about Toby Enstrom? A free agent for the first time in his long career, the well-respected veteran was expected to land a contract early on but still remains unemployed. Enstrom has always been a reliable presence on the back end, but at 33 years old, he has shown signs of slowing down.
Other aging options on defense include Alexei Emelin, Johnny Oduya, Kevin Bieksa, Dennis Seidenberg, Kyle Quincey, Paul Martin, Josh Gorges, and Jason Garrison. However, experience may not be able to outweigh ability with many younger defenseman still out there. Brandon Davidson, Cody Franson, and Paul Postma seem like players who should be signed, while Justin Falk, Frank Corrado, Ryan Sproul, and Duncan Siemens are all intriguing targets as well.
In net, the options are pretty straightforward. One would think that Kari Lehtonen, Steve Mason, and Ondrej Pavelec had all done enough in their careers to earn a continued stay in the NHL, especially when there are no other legitimate goaltenders available at this point. Yet, its hard to pinpoint three teams that need another option in goal. These three keepers may need to wait until injuries strike to find work.
So, how many of these remaining free agents will sign before the season starts?
Minor Transactions: 3/4/18
The NHL continues its busy schedule Sunday with seven games after an eight-game showcase on Saturday, including a rare outdoors game in which the Washington Capitals defeated the Toronto Maple Leafs 5-2 in the Stadium Series at the U.S. Naval Academy. With so many games, teams will continue to make roster moves throughout the day, so check back to see what teams are doing.
- The Arizona Coyotes announced they have recalled defenseman Andrew Campbell from the Tucson Roadrunners of the AHL. The 30-year-old veteran has been recalled several times this year by the Coyotes as an emergency defenseman, but has not made it into a game this season. He has played 42 career NHL games and has two goals and four assists in 47 games for the Roadrunners. AZ Sports Craig Morgan writes that Campbell was recalled as defenseman Alex Goligoski is expected to miss Monday’s game as he and his wife are expecting the birth of their second child.
- The Buffalo Sabres announced they have recalled forward Kyle Criscuolo and defenseman Brendan Guhle from the Rochester Americans of the AHL. Criscuolo, who signed a two-year, $1.3MM contract with the Sabres this offseason has put up solid numbers with Rochester as he’s put up 15 goals and 34 points in 50 AHL games. The 25-year-old out of Harvard University has appeared in eight games with Buffalo, but hasn’t gotten on the scoreboard yet. Guhle, the team’s second-round pick in 2015, is having a solid season in Rochester as well as he’s scored eight goals and 16 assists in 48 games. He has one assist in two NHL games he played in January. The Buffalo News’ Mike Harrington showed surprise at the transaction as the team indicated that they were not going to make any recalls. As reported earlier, defenseman Marco Scandella looked ready to go in practice Sunday despite suffering an upper-body injury on Friday. Evan Rodrigues is still suffering from an upper-body injury he sustained Wednesday, but the team was using Benoit Pouliot at center out of position. No word if another injury has altered the team’s plans.
Buffalo Sabres Receiving Calls On Multiple Players
Though Evander Kane is clearly the one to watch—especially after yesterday’s report that the Pittsburgh Penguins were interested in him—the Buffalo Sabres have several players who could have different crests on their sweaters over the next few weeks. Craig Custance, in his Trade Deadline Primer for The Athletic, reports that the Sabres are also receiving interest in Benoit Pouliot, Johan Larsson and Jacob Josefson.
Pouliot has long been expected to make a big impact in the league, but after his latest disappointing season in Edmonton was bought out in the summer. Buffalo jumped on the chance to bring in the fourth-overall pick from 2005, and signed him to a one-year $1.15MM contract on July 1st. Pouliot has been better than last season, with 11 points in 39 games, but that’s not saying much. The 31-year old has been killing penalties for the Sabres, and still brings fine possession numbers, but there isn’t a lot to be excited about even with his relatively low salary.
Larsson and Josefson bring much of the same, just in younger bodies. With six and three points respectively, neither is going to change the offensive outlook of an acquiring team. What they can do, is give you responsible minutes on the fourth line and penalty kill, while providing some depth down the middle. Both can play center reasonably well, though neither are very good in the faceoff dot.
In all, every player not named Jack Eichel is likely available for the right price in Buffalo. The problem is there isn’t a lot of value in many of them, because of either poor performance, age or salary. Kane remains their big chip to make a splash at the deadline, but expect them to be very busy selling off smaller pieces over the next few weeks.
Morning Notes: Eriksson, Pouliot, Flames, Abdelkader
The Canucks are set to welcome one of their highest-paid forwards back in the lineup tonight. Ben Kuzma of the Vancouver Province reports that winger Loui Eriksson is expected to be activated off LTIR and suit up against San Jose after missing the last 12 games with a lower-body injury. He’s expected to play alongside the Sedin twins. Eriksson’s first season with Vancouver in 2016-17 was a disappointment as he posted his lowest point total since his rookie year back in 2006-07 and he was off to a slow start before being injured this season as he had just one assist in three games (plus one shift in a fourth contest before suffering the injury). That’s not the type of production the team was expecting when they handed him a contract that carries a $6MM cap charge through 2021-22.
More early news and notes from around the league:
- Sabres winger Benoit Pouliot will not be suspended for an incident that occurred late in Friday’s game on Panthers defenseman Keith Yandle, the Department of Player Safety announced (Twitter link). He had a hearing with the league earlier today but after reviewing the angles of the hit, it was determined that his hit on Yandle did not involve the head being the principal point of contact.
- The Flames could be getting defenseman Travis Hamonic back in their lineup in the near future. Postmedia’s Kristin Odland notes that the blueliner skated on Friday and is slated to participate in a full practice with the team tomorrow. Hamonic has been out of the lineup since suffering a lower-body injury against the Penguins on November 2nd and ranks third on the team in average ice time per game. Calgary is also expected to have goaltender Mike Smith available for their next game on Monday despite struggling with his glove hand at times on Thursday night.
- Red Wings winger Justin Abdelkader has a fractured cheek, MLive’s Ansar Khan reports (Twitter link). He’s expected to see a specialist on Monday. Head coach Jeff Blashill notes that the injury shouldn’t keep the 30-year-old out of the lineup for long. Abdelkader is off to a decent start this season with nine points (2-7-9) in 17 games while averaging just shy of 17 minutes per game in ice time.
Salary Cap Deep Dive: Edmonton Oilers
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.
Edmonton Oilers
Current Cap Hit: $65,647,000 (under the $75MM Upper Limit)
Entry-Level Contracts
D Matt Benning (One year remaining, $925K)
F Drake Caggiula (One year remaining, $925K)
F Connor McDavid (One year remaining, $925K)
F Jesse Puljujarvi (Two years remaining, $925K)
F Anton Slepyshev (One year remaining, $925K)
F Kailer Yamamoto (Three years remaining, $925K)
D Darnell Nurse (One year remaining, $863K)
Potential Bonuses
McDavid: $2.85MM
Puljujarvi: $2.5MM
Nurse: $850K
Slepyshev: $600K
Caggiula: $425K
Benning: $300K
Yamamoto: $230K
Total: $7.755MM
Believe it or not, McDavid is still on the list as the Art Ross Trophy winner, Hart Memorial Trophy winner, and Ted Lindsay Award winner is on the last year of his entry-level deal. McDavid will also be listed later in the story under four year and more as McDavid signed his eight year, $100MM extension this summer and will be locked up long term regardless. More on him later …
The Oilers have high expectations for both Benning and Nurse to take that next step. With injuries mounting, both should be vaulted into bigger roles than they were last year. The 23-year-old Benning played in 62 games last year and played solidly while filling in for injured players. The 22-year-old Nurse also had a solid showing in 44 games this year. Both may be asked to jump onto top-four pairings on defense throughout the year.
Slepyshev, who suffered an ankle injury in the offseason looks close to being ready. He had 10 points in 41 games a year ago, but also scored three goals in the playoffs for Edmonton last year and many feel the 23-year-old is ready to take that next step. Caggiula, a big college player from the University of North Dakota, had seven goals and 18 points in 60 games a year ago in his first year with Edmonton and is also thought to be a player ready to make a jump.
Both Yamamoto and Puljujarvi (Edmonton’s 2017 and 2016 first-round picks, respectively) went head-to-head and battled it out for a final roster spot this training camp with Yamamoto getting the edge and Puljujarvi getting sent to Bakersfield, but don’t be surprised if Puljujarvi is back up at some point during the season.
One Year Remaining, Non-Entry-Level
D Mark Fayne ($2.6MM, UFA – team saved $1.025MM in cap relief by sending him to AHL)
F Ryan Strome ($2.5MM, RFA)
F Mark Letestu ($1.8MM, UFA)
F Patrick Maroon ($1.5MM, UFA)
F Jussi Jokinen ($1.1MM, UFA)
G Laurent Brossoit ($750K, RFA)
F Iiro Pakarinen ($725K, RFA)
Perhaps the most interesting player the team must focus on will be Maroon, who had a breakout year playing next to McDavid. The 29-year-old wing scored 27 goals and has proven to be one guy who seems to play well next to McDavid. He is a presence in front of the net and a physical force for the team.
Letestu, is another player the team will have to consider. Likely to be the team’s fourth-line center, Letestu put up 16 goals last year, although that was a career high and he’s already 32 years old. Jokinen, who signed a one-year deal this offseason, put up 11 goals last year in Florida, but at 34 years old is likely not a priority to the team.
As for restricted free agents, the team will take a long look at Strome, who the team acquired in the Jordan Eberle deal. The 24-year-old center has had an inconsistent career with the New York Islanders, but put up 13 goals and 30 points last year. The Oilers hope he can keep improving on those numbers. Brossoit will get his first chance to be Talbot’s backup. The 24-year-old looked promising in eight appearances last year.
Dead Space: Bought-Out, Buried, And Retained Salaries For Every Team
It’s something that often goes unnoticed, but with the cap showing minimal growth the last few years, teams are starting to feel the crunch more than ever. Buyouts have become more common, especially with players with under three remaining years on their contracts. And it’s not just the big name busts that have seen the ax lately – we’ve seen lesser names at lesser money take the fall for their respective teams, then needing to scramble for work elsewhere in the league. Additionally, salary retention in trades has become a more utilized tactic as of late. Teams with “unmovable” contracts have offered to retain part of a poor contract in order to entice a team into giving them some relief.
All this said, some teams have been better with foresight than others. Some teams have shown a track record of being entirely unable of handing out poor contracts over the past five or so seasons. Considering many teams showed some progress in being more frugal this off-season, it seems a wise time to review the dead space every team has accumulated, either due to poor management decisions or poor luck.
Colorado Avalanche – $4.83 MM in 2017-18, issues resolved after current year – Francois Beauchemin buyout; Cody McLeod retained
Arizona Coyotes – $4.61 MM in 2017-18, issues resolved after 2020-21 – Mike Smith retained; Mike Ribeiro, Antoine Vermette buyouts
Columbus Blue Jackets – $4.025 MM in 2017-18, issues resolved after 2020-21 – Fedor Tyutin, Jared Boll, Scott Hartnell buyouts
Carolina Hurricanes – $3.71 MM in 2017-18, issues resolved after 2020-21 – Eddie Lack retained; Alexander Semin, James Wisniewski buyouts
Toronto Maple Leafs – $3.28 MM in 2017-18, issues resolved after 2021-22 – Tim Gleason, Jared Cowen buyouts; Phil Kessel retained
Nashville Predators – $2.83 MM in 2017-18, issues resolved after 2018-19 – Viktor Stalberg, Eric Nystrom, Barret Jackman buyouts
Boston Bruins – $2.73 MM in 2017-18, issues resolved 2019-20 – Dennis Seidenberg, Jimmy Hayes buyouts
New York Rangers – $2.61 MM in 2017-18, issues resolved after 2022-23 – Dan Girardi buyout
Minnesota Wild – $2.5 MM in 2017-17, issues resolved after current year – Thomas Vanek buyout
Los Angeles Kings – $2.4 MM in 2017-18, issues resolved after 2023-24 – Matt Greene buyout; Mike Richards termination/recapture
Edmonton Oilers – $2.33 MM in 2017-18, issues resolved after 2020-21 – Lauri Korpikoski, Benoit Pouliot buyouts
Anaheim Ducks – $2.21 MM in 2017-18, issues resolved after 2023-24 – Mark Fistric, Simon Despres buyouts; Patrick Maroon retained
Vancouver Canucks – $2.13 MM in 2017-18, issues resolved after 2021-22 – Roberto Luongo, Jannik Hansen retained; Chris Higgins buyout
New Jersey Devils – $2.09 MM in 2017-18, issues resolved after 2023-24 – Mike Cammalleri, Devante Smith-Pelly buyouts; Ilya Kovalchuk recapture
Tampa Bay Lightning – $1.83 MM in 2017-18, issues resolved after 2019-20 – Matt Carle buyout
Calgary Flames – $1.82 MM in 2017-18, issues resolved after 2018-19 – Mason Raymond, Lance Bouma, Ryan Murphy buyouts
Detroit Red Wings – $1.67 MM in 2017-18, issues resolved after 2020-21 – Stephen Weiss buyout
Dallas Stars – $1.5 MM in 2017-18, issues resolved after 2018-19- Antti Niemi buyout
Philadelphia Flyers – $1.5 MM in 2017-18, issues resolved after current year – R.J. Umberger buyout
Winnipeg Jets – $1.46 MM in 2017-18, issues resolved after 2018-19 – Mark Stuart buyout
Florida Panthers – $1.33 MM in 2017-18, issues resolved after 2018-19 – Jussi Jokinen buyout
Las Vegas Golden Knights – $1.1 MM in 2017-18, issues resolved after current year – Alexei Emelin retained
Ottawa Senators – $350,000 in 2017-18, issues resolved after current year – Andrew Hammond buried
Buffalo Sabres – Minimal in 2017-18, increased issues ($791,00) resolved after 2022-23 – Cody Hodgson buyout
Chicago Blackhawks, St. Louis Blues, Washington Capitals, Pittsburgh Penguins, New York Islanders, San Jose Sharks, Montreal Canadiens – No dead cap space
After compiling the list, it became clear that utilizing these options isn’t a complete hindrance to competing in the NHL. In fact, most clubs have between $1 MM and $3 MM in dead space. That said, of the teams that have not needed to utilize the buyout or retention options, there has been a great deal of success. And among the five worst offenders, the Leafs, Hurricanes, Blue Jackets, Avalanche, and Coyotes, none has moved past the first-round in multiple years. It’s hard to draw massive conclusions without taking the context of each individual situation into account, but there is something to be said for making every dollar of cap space count. Perhaps this is merely a byproduct of past success rather than an indicator of future success, but considering how amenable many managers have become to the option, it bears consideration.
(All totals courtesy of the fantastic CapFriendly.com)
Benoit Pouliot Signs With Buffalo Sabres
The Buffalo Sabres have signed recently bought-out Benoit Pouliot to a one-year, $1.15MM deal according to Bob McKenzie of TSN.
Pouliot was the fourth-overall selection in the 2005 draft, behind Sidney Crosby, Bobby Ryan and Jack Johnson (and ahead of Carey Price at #5) and has never quite found the success that preceded him. In 551 games, he’s registered 244 points and hit a low point last season with just 14 in 67 games for the Edmonton Oilers.
Buffalo will bring him in on an extremely cheap deal however, and considering the extremely low risk he could be one of the better signings of the offseason. Even if the 30-year old reverts to his 30-point self, he’ll be a steal for just over $1MM. A strong possession player, it was clearly time for him to move on in Edmonton and he’ll try to rebuild his value in the Eastern Conference.
Edmonton Oilers Waive Benoit Pouliot, Will Buy Out Contract
The Edmonton Oilers continue to clear cap space, placing Benoit Pouliot on unconditional waivers today for purposes of a buyout. The forward has two years remaining on his contract at $4MM per season, meaning a buyout cap-hit will be structured as follows.
- 2017-18: $1.33MM
- 2018-19: $1.33MM
- 2019-20: $1.33MM
- 2020-21: $1.33MM
Pouliot’s career in Edmonton will end on a sour note, scoring just 14 points in 2016-17. He fell completely out of favor with the coaching staff, and at 30 seemed to see his game take a considerable step backwards. The fourth-overall pick from 2005, Pouliot has never been able to keep up with his draft contemporaries. Following Sidney Crosby, Bobby Ryan and Jack Johnson, and selected one spot ahead of Carey Price, Pouliot has bounced around the league and registered a career-high of 36 points (last year and in 2013-14).
Interestingly, Pouliot has long put up solid possession metrics and even recorded a better than average career shooting percentage. Despite that, and the prime ice time he received in Edmonton prior to this year, he never could be relied upon as a top offensive producer.
His career is far from over, as he’ll surely garner attention from several teams around the league now that his price tag has come considerably down. Likely having to settle for a short-term deal on a relatively low salary, teams will be interested in his upside as a third-line winger who could move up if he can find the right fit. It will be interesting to see if he can find a team with it’s eyes on the postseason, or if he’ll rebuild along with a young team.
For the Oilers, saving $2.6MM for the next two years is important as they try to get both Leon Draisaitl and Connor McDavid under contract long term. Recently it was hinted that McDavid might cost as much as $13.25MM per season, and with Draisaitl looking like he might cost as much as $8MM each year, they need all the room they can get. It’s why they moved out Jordan Eberle—though, immediately committed most of that room to Kris Russell—and why they’ll have to look at other cost saving measures in the future. Pouliot was simply not needed on this team, especially as younger players like Drake Caggiula step into bigger roles.