Will Depth Players Get Paid Again This Summer?
Something funny was happening in the summer of 2019. Depth players began getting serious term on multi-year deals to a level we’d rarely seen before.
Take the contract for depth forward Brandon Tanev, who signed a six-year, $21MM deal with the Penguins. At the time, that contract raised a lot of eyebrows, as Tanev had topped out at just 14 goals and 15 assists in any single season, and a $3.5MM average annual value was especially steep on such a long-term deal.
The deal was an outlier on July 1, 2019, with no close comparison other than the Panthers signing Brett Connolly to a four-year, $14MM deal. Connolly was coming off a 46-point season, which far exceeded any of Tanev’s offensive contributions.
There was a sense at the time that the NHL might shift, with depth players able to secure longer-term, higher-dollar contracts. When Colton Sissons signed his seven-year extension with the Predators a few weeks later, it certainly looked that way.
Sissons was two years younger than Tanev and an RFA, whereas Tanev was a UFA, yet their eventual contracts were comparable. However, the global pandemic in 2020 stalled the league’s growth and led to a flat salary cap, effectively shutting teams out of paying for depth and fringe players’ big-money deals.
The stars still got their money, as evidenced by 2020 free agency, when Alex Pietrangelo was still paid handsomely (seven years, $61.6MM), while depth players had to take one-year deals at or around the league minimum.
The stars have continued to get their money, and top salaries have escalated over the last few years, while second-line players have also been rewarded handsomely as the salary cap has eventually climbed. But the depth players in the NHL have continued to feel the squeeze to this point, and it does feel like that might change this summer, with another big cap jump coming, multiple teams with loads of cap space, and a very weak free agency market.
In previous summers, solid defenders such as Calvin de Haan and Matt Grzelcyk, as well as forwards Jack Roslovic and Evgenii Dadonov, have been part of a large group of NHL-caliber players who have experienced a very tight free-agent market when they have been available to all NHL teams. Now, it’s not unheard of for players to fall short of salary expectations in free agency, but it has become a common occurrence over the last six years, and it feels like this could be a summer where teams overpay for depth.
There has been a surge in signings in recent weeks, with the most recent being the Penguins locking up fourth-line center Blake Lizotte to a three-year deal worth $6.75MM total, and the Canadiens inking Alexandre Texier to a two-year deal worth $2.5MM per season. These deals were not massive signings, but they show that teams are moving to lock up their depth as they look to the summer UFAs and realize there isn’t much out there.
Center Christian Dvorak is another excellent example, having recently signed a five-year deal with the Flyers after settling for a one-year deal last summer. Dvorak has long been injury-prone and inconsistent, but the Flyers felt they had to ink him to an extension amid a career year in Philadelphia.
So, what depth players will get shocking contracts this upcoming summer, or will they? If you go by the old cliché that a rising tide raises all boats, it sure looks like the players at the bottom of the lineup will finally start to get a bigger slice of the pie.
Could a player like Ryan Shea, Connor Dewar, or Philipp Kurashev get a big-money, multi-year deal this summer? Or will teams continue to show restraint in the lower rungs of the free agency market, even though they have more wiggle room?
It’s hard to believe there won’t be some silly deals on July 1, 2026. There are always head-scratching choices NHL GMs make. But this could be a free agency unlike any we’ve seen in a decade or so.
July 1, 2016, is hard to forget for some teams, as massive mistakes were made that were clearly bad choices at the time. Loui Eriksson signed with Vancouver, Milan Lucic signed with Edmonton, and David Backes signed with Boston. Several other players were given ridiculous contracts relative to their future projections, which wasn’t anything new, especially for players with a history of being top-six NHL players.
However, some general managers watched those errors and learned a valuable lesson that carried through the COVID years, when there was a massive salary-cap squeeze. While teams didn’t have the salary-cap space to make the egregious contract offers, some GMs still did, and they usually paid the price for it.
A good example was Penguins GM Ron Hextall, who made some odd choices in free agency, particularly when he signed a Tanev replacement in the summer of 2021. Hextall inked Brock McGinn to a four-year, $11MM contract that was a poor value for the Penguins and was eventually traded along with a sweetener to the Anaheim Ducks in 2023.
That deal, along with contracts like Pierre Engvall’s, highlighted why many teams stayed away from giving terms to their depth players. But this summer, the stars are aligning for some wild contracts to be handed out to players who likely won’t last the length of the deal in the NHL. For fans of contending teams, or teams on the upswing who think they are just a player away from contention, you just have to hope your favorite team isn’t among the unlucky ones handing out the money.
Mammoth Sign Nate Schmidt, Brandon Tanev To Three-Year Deals
The Mammoth have signed winger Brandon Tanev to a three-year, $7.5MM contract worth $2.5MM per season, reports Elliotte Friedman of Sportsnet. The team also announced they’ve signed defenseman Nate Schmidt to a three-year contract worth $3.5MM per season.
Just like last offseason, Utah is quickly solidifying its defensive core and strengthening the bottom six of its forward group. Impressively, Schmidt parlayed a one-year league minimum agreement with the Florida Panthers into a three-year contract with the Mammoth.
There’s reason to believe he’s earned that deal. Schmidt scored five goals and 19 points in 80 games for the Panthers last year with a +4 rating, while averaging 16:32 of ice time per game. His possession quality skyrocketed to a 57.4% CorsiFor% at even strength, and he’ll come to Salt Lake City as a Stanley Cup champion.
Unfortunately, Schmidt’s signing could spell the end for Juuso Välimäki‘s time in Utah. After scoring four goals and 34 points in 78 games for the Arizona Coyotes in 2022-23, Välimäki’s output dropped to two goals and five points in 43 games with Utah last season. According to PuckPedia, the Mammoth now has nine defensemen signed to one-way contracts for the 2025-26 season. This supports the idea that Välimäki could be buried or traded to another organization.
Meanwhile, the Mammoth have also added Tanev, who was one of the better bottom-six options on the market this summer. He’s been a quality physical winger for the last several years, scoring 33 goals and 73 points in 227 games between the Seattle Kraken and Winnipeg Jets, with 506 hits.
He has an element to his game that the Mammoth desperately need if they hope to make a statement next season. Utah only had five players deliver more than 100 hits last season, and one of them, Nick Bjugstad, already departed the team earlier today. Now, with Tanev in hand, the Mammoth could put together one of the game’s most physical lines by placing Tanev next to center Jack McBain.
PHR’s Brennan McClain contributed significantly to this article.
Jets Acquire Brandon Tanev From Kraken
2:40 p.m.: Both parties have made the deal official, confirming the terms as reported.
11:50 a.m.: The Winnipeg Jets aren’t done adding grit to their lineup. TSN’s Darren Dreger reports that the Jets are acquiring bottom-six forward Brandon Tanev from the Seattle Kraken for a 2027 second-round pick.
After a six-year hiatus with the Kraken and Pittsburgh Penguins, Tanev returns to the organization that signed him as an undrafted collegiate free agent in 2016. The speedy, hard-hitting winger has scored 24 goals and 51 points in 195 games with the Jets from 2016 to 2019, adding a whopping 601 hits to his resume.
It’ll be interesting to see how the Jets utilize Tanev during his second time with the team. Winnipeg already has a relatively deep bottom-six with Nino Niederreiter, Mason Appleton, Morgan Barron, and Alex Iafallo on the wings. Tanev doesn’t have much experience down the middle, so the team will likely shift Barron back to center on the fourth line.
Tanev’s exploits in the NHL are well known. He’s an effective penalty killer who plays with a physical edge. Outside of an impressive 16-goal, 35-point performance in 2022-23, Tanev is likely to score between 20 and 29 points most years. He’s scored nine goals and 17 points in 60 games for the Kraken this season, averaging 13:56 of ice time per game.
At the time of writing, Winnipeg ranked 21st in the NHL in hits given with a total of 1147. Factoring in Luke Schenn‘s acquisition, the Jets should have no issues upping their physicality through the final stretch of the regular season and playoffs.
The trade was fairly simple from Seattle’s perspective. As a pending unrestricted free agent, Tanev had value as a trade candidate for a team well outside the playoff picture. With another second-round pick in their arsenal, the Kraken have nine picks in the first two rounds through the 2027 NHL Draft.
Maple Leafs Showing Interest In Several Bottom-Six Forwards
With their cap space relatively limited (though likely to grow once Ryan Reaves is off the roster either via waivers or AHL assignment), the Maple Leafs appear to be looking at some lower-cost options up front. David Pagnotta of The Fourth Period reports (Twitter link) that among the bottom-six players Toronto is looking at are Kraken winger Brandon Tanev and Sharks forward Luke Kunin. Meanwhile, Pierre LeBrun of TSN and The Athletic adds (Twitter link) that they’re also in the mix for Flyers center Scott Laughton.
Tanev is in the final season of a six-year, $21MM contract carrying a $3.5MM AAV. The 33-year-old had a breakout offensive year in 2022-23, a campaign that saw him set new personal bests in goals (16), assists (19), and points (35). However, he hasn’t been able to reach that point total in the last two seasons combined as he has reverted to his more typical level of production.
This season, Tanev has nine goals and eight assists through 61 games. Of course, physicality is his main calling card and he’s once again averaging over two hits per contest. He’s also Seattle’s most-used forward on the penalty kill which will make him more appealing to Toronto and other playoff contenders. He has a 10-team no-trade list which could come into play depending on where he’s moved, assuming the Kraken find a swap to their liking.
Kunin, meanwhile, is the most versatile player out of this group as he can be deployed at all three forward positions. The 27-year-old has only reached the 30-point mark once in his career, that being back in 2019-20 when he had 31 points in 63 games. He has equaled his line from last year, tallying 11 goals and seven assists in 63 contests while chipping in with 163 hits. Like Tanev, Kunin is also heavily used on the penalty kill.
He’s in the last year of his contract, one that carries a $2.75MM AAV. Notably, San Jose does not have any remaining retention slots while Toronto doesn’t quite have enough money to bring him in, even if Reaves is off the roster. So if the Maple Leafs are to land Kunin, they’ll either have to open up some more cap space or a third team will need to get involved to retain a chunk of the contract.
As for Laughton, he’s more of a higher-end bottom-six piece. Through 59 games this season, he has 11 goals and 16 assists, his second straight season of a decline in per-game production. Of course, the 30-year-old is known for his sound defensive game and brings the size, physicality, and penalty killing acumen that many teams are known to be coveting.
Notably, Laughton has another year left on his contract on a deal that carries a $3MM AAV. Between that and the dearth of centers available, Philadelphia is believed to have set a high asking price for Laughton’s services, a package that includes a first-round pick. If Toronto GM Brad Treliving wants to make a longer-term splash over going for a rental, he’ll have to pay a pretty hefty price to do so.
Kraken Holding Out Brandon Tanev For Trade Purposes
The Seattle Kraken are planning to hold winger Brandon Tanev out of the lineup in Thursday night’s game against the Nashville Predators per Sporstnet’s Elliotte Friedman. This will be Seattle’s way of protecting their assets with Friday’s Trade Deadline looming. Tanev has been a frequent mention in trade rumors leading into deadline season.
Tanev has played for three different clubs in his 10-year career, but the heat of trade rumors is a new feeling. He’s never been traded before, instead making his moves through free agency and NHL expansion drafts. Tanev broke into the pros after scoring 28 points in 38 games of his senior season at Providence College. That convinced Winnipeg to sign Tanev to a one-year, undrafted free agent contract out of college and promote him directly to the NHL. He received a handful of games across the next three seasons, each time performing well enough in a bottom-six role to convince the Jets to re-up his contract. But he struggled to muster much production, with just 22 points and 44 penalty minutes in the first 116 games and three seasons of his NHL career. But continued trust from the Jets organization paid off in the 2018-19 season. Tanev lapped his previous totals that year, posting 14 goals, 29 points, and 41 penalty minutes in 80 games.
With a burgeoning bottom-six, Winnipeg opted to let Tanev walk to free agency after his breakout year. After four years of one-year contracts and with one substantial performance under his belt, Tanev landed a six-year, $21MM contract with the Pittsburgh Penguins on the open market. He held up his performances in his first year with Pittsburgh, netting 11 goals and 25 points in 68 games – but routine absences quickly became troublesome. Tanev would play in just 62 games of the next two seasons. He scored an encouraging 16 goals and 31 points in those appearances – and seem well set up for a breakout year whenever he found his way back to full health.
That’s exactly what happened in Seattle after the Kraken chose the hard-nosed winger with their expansion draft selection from Pittsburgh. Tanev managed a career-high 16 goals, 35 points, and 44 penalty minutes in 82 games of Seattle’s 2022-23 season. It was another breakout for the hard-hitting wing, though he’s failed to live up to it in the two years since – with 33 points and 61 penalty minutes in his last 126 games. Tanev is still a hard-working, physical, and strong bottom-six winger with a flash of goal-scoring upside. He’s in the final year of his multi-year extension originally signed in Pittsburgh, and could offer a cheap and physical rental option on a market now without former Bruins center Trent Frederic.
Pacific Trade Notes: Golden Knights, Canucks, Tanev
Despite being tepidly mentioned in some trade rumors leading up to the deadline, don’t expect much activity from the Vegas Golden Knights this week. Vegas dominated the headlines during last year’s deadline but are taking an increasingly mild-mannered approach to the market this season.
In an interview with Daren Millard and Ryan Wallis of the VGK Insider Show, Golden Knights’ general manager Kelly McCrimmon was quoted saying, “We’ve sort of said from the outset that we don’t anticipate being real busy this week, I still maintain that. That was the position we felt we were in right from the beginning of the season.”
If they maintain that approach through this year’s deadline, it would be a notable deviation from years past. Much to the dismay of many fans around the league, the Golden Knights have infamously acquired Tomáš Hertl, Noah Hanifin, Anthony Mantha, Jonathan Quick, Teddy Blueger, and Ivan Barbashev over the last two deadlines. It would remove a consistent buyer from the market if they’ve preemptively decided to sit this deadline out.
Other trade notes from the Pacific Division:
- Sportsnet’s Iain MacIntyre shared a quote from the general manager of the Vancouver Canucks, Patrik Allvin, saying, “You’re always trying to make the team better. But I think we’re in the position this year where. . . I don’t envision any (rental) pickups like last year. We’re just going to continue to build and get better.” This would have been a confusing quote as recently as a few weeks ago given the Canucks acquired then-rental Marcus Pettersson and Drew O’Connor from the Pittsburgh Penguins. However, Vancouver quickly extended both players. Allvin’s quote doesn’t necessarily mean the Canucks are done trading but it likely indicates most of their heavy lifting is complete.
- According to TSN’s Pierre LeBrun, the Seattle Kraken have indicated they’re willing to retain 50% of Brandon Tanev‘s $3.5MM cap hit. If Tanev’s market wasn’t already robust, the news should open up his market to most, if not all, of the contending teams this season. The 10-year veteran would instantly improve any team’s bottom six and should command a second-round pick in a strong seller’s market.
Senators Linked To Ryan Donato, Brandon Tanev
Multiple reports over the past couple of weeks indicate the Senators are looking to add a forward ahead of the March 7 trade deadline. The Blackhawks’ Ryan Donato and the Kraken’s Brandon Tanev are two of the names they’ve identified as acquisition candidates, Bruce Garrioch of the Ottawa Citizen wrote Saturday.
Ottawa’s drive to add further in advance of the deadline is likely driven by a pair of factors. Available options are quickly dwindling after a slew of major swaps over the past week, and they’ve lost a depth option for potentially the rest of the season after Garrioch reports Nick Cousins underwent knee surgery Friday, extending his previously issued six-to-eight-week return timeline.
Tanev would be a more direct replacement for Cousins in a bottom-six role, albeit one with more offensive utility. Donato, however, would provide head coach Travis Green with another option to deploy in second-line usage alongside Drake Batherson and Josh Norris amid a career-best season.
The 28-year-old Donato is a pending unrestricted free agent, likely to land at least a marginal raise on his current $2MM AAV on the open market this summer. That’s because he ranks third on the Blackhawks in scoring with 15 goals and 15 assists for 30 points in 50 games, trailing only Connor Bedard and Teuvo Teräväinen.
Donato has produced at a 49-point pace despite averaging 14:47 per game, seventh among active Chicago forwards. His 46.6 CF% at even strength leads Hawks forwards after Taylor Hall‘s departure via trade last month, and only five of his 30 points have come on the power play. His 14 even-strength goals lead Chicago by a margin of five.
He’s a historically inconsistent but versatile secondary scoring piece who’s flourished amid a lack of support in the Windy City, not all too dissimilar to Max Domi in the 2022-23 campaign. He notched 49 points in 60 games after signing as a free agent and fetched them a second-round pick from the Stars at the deadline.
The Senators should expect to pay a similar price for Donato, especially after the rental market was set over the weekend. Mikael Granlund and Marcus Pettersson both fetched first-rounders for the Sharks and Penguins. Donato’s utility down the middle won’t matter much for the Sens in their current state with Norris, Tim Stützle and Shane Pinto as their top three centers, but knowing he can slide over from the wing is good to have in case of injuries.
The type of forward they choose to acquire likely depends on how David Perron performs over the coming days. The veteran winger is getting an audition alongside Norris and Batherson after a lengthy personal leave and a back injury have limited him to one assist in 14 games. An uptick in production likely means they go for a more physically involved checking winger to replace and upgrade over Cousins, but otherwise, adding a more scoring-inclined weapon to the league’s 21st-ranked offense will be at the top of general manager Steve Staios‘ wish list.
Tanev would also be a rental, checking in at a more expensive $3.5MM cap hit. He also has some control over where (and if) he goes at the deadline with a 10-team no-trade list.
The 33-year-old left-winger has been with the Kraken since their inception, selected from the Penguins in the expansion draft two seasons into a six-year, $21MM extension. He missed over half of the 2021-22 season and a good chunk of the 2023-24 campaign due to injuries but has been mostly healthy this season, playing in 51 of Seattle’s 53 games.
While Tanev was once an option to score double-digit goals, those days may be behind him. He had a career-high 16 goals, 35 points and a +21 rating while skating in all 82 games during the Kraken’s lone playoff-bound season in 2022-23, but has 15 goals and 31 points in 117 combined games since then.
Nonetheless, he’s still among the league’s most fervent checkers. He leads all forwards with 82 blocks and ranks third on Seattle in hits with 107.
Tanev also remains an option to log heavy shorthanded usage, but his even-strength possession metrics have nosedived this season. His 43.2 CF% ranks last on the team among qualified skaters, and his -8.6 expected rating is trailed only by Jamie Oleksiak and Chandler Stephenson.
Ottawa should be able to land Donato without salary retention but may need a little help from the Kraken if they zero in on Tanev. They project to have $3.33MM in deadline space, per PuckPedia, a figure that could change once goaltender Linus Ullmark comes off long-term injured reserve in the days leading up to the 4 Nations Face-Off.
Morning Notes: Klingberg, Tanev, Mittelstadt
Nick Barden of The Hockey News is reporting that free agent defenseman John Klingberg is close to deciding on which team he will sign with for the remainder of the season. Klingberg hasn’t played an NHL game since November 2023 and is attempting to come back after having hip resurfacing surgery. He is hoping to latch on with a contender for the rest of this season. His decision is expected in the next 2-3 days, and Klingberg’s former team, the Toronto Maple Leafs, are reportedly still in the mix to sign the 32-year-old, as are a few other teams.
It was just a few years ago that Klingberg was considered a top-pairing offensive defenseman, however, those days are over, but if he is healthy Klingberg could certainly give a boost to a playoff team without costing an asset other than cap space. Through 633 NHL games, Klingberg has racked up 81 goals and 331 assists while playing with four different teams.
In other morning notes:
- The Seattle Kraken announced last night that forward Brandon Tanev would miss their game with an apparent illness. Tye Kartye took Tanev’s spot in the lineup Thursday against Winnipeg and played just 7:12. The 33-year-old Tanev last dressed on Tuesday against Pittsburgh and played 13:14 in that game. The Kraken are back in action tomorrow night against Los Angeles and it seems likely they will have an update on Tanev before the puck drop. The Toronto, Ontario native has eight goals and seven assists in 44 games this season.
- Colorado Avalanche forward Casey Mittelstadt has gone through a miserable slump this season and has now found himself demoted from the second-line center role and could find himself on the trade block soon (as per Avalanche reporter Adrian Deter). Mikko Rantanen took his spot in last night’s game against Edmonton, with Mittelstadt skating just 14:54 and playing on the third line. Avalanche head coach Jared Bednar has reportedly become unhappy with Mittelstadt’s play, after the 26-year-old looked like a true second-line center to start the season, posting 13 points in his first ten games. However, since that hot start, Mittelstadt has just 13 points in his last 36 games.
Hockey Canada Releases 2024 World Championship Roster
May 7: Celebrini and Fantilli have returned home from Czechia, TSN’s Darren Dreger reports. The former will participate in tonight’s 2024 NHL Draft Lottery, while Fantilli’s reasons for departing are undisclosed. It’s unclear whether they’ve been removed from the roster entirely. In a corresponding transaction, the team added Kings center Pierre-Luc Dubois and Lightning forwards Brandon Hagel and Nick Paul to the roster.
May 3: Hockey Canada has released its roster of 22 players who will wear the maple leaf at the 2024 World Championship, which begins next week in Ostrava and Prague, Czechia. There are three open spots left to be filled throughout the tournament as more teams are eliminated from the Stanley Cup Playoffs.
Much like the initial World Championship roster that USA Hockey released weeks back, it’s almost completely made up of NHL talent – a rarity for the top-level countries at this tournament recently. The return and promise of future best-on-best international tournaments in the 2025 4 Nations Face-Off and the 2026 Winter Olympics has players and front offices looking at this year’s Worlds as a tune-up and initial evaluation for those events.
In fact, the only non-NHL player on Canada’s tournament-opening roster will be in the league next season. That’s presumptive 2024 first-overall pick Macklin Celebrini, who continues his 2023-24 campaign after taking home the Hobey Baker Award for the top collegiate player in his freshman season with Boston University. Their offense is highlighted and led by Blackhawks rookie phenom Connor Bedard and Kraken sniper Jared McCann, while Sabres defenders Bowen Byram and Owen Power highlight the back end. Blues netminder Jordan Binnington is expected to serve as the team’s starter.
The full roster is as follows:
F Connor Bedard (Blackhawks)
F Michael Bunting (Penguins)
F Macklin Celebrini (2024 draft-eligible)
F Dylan Cozens (Sabres)
F Adam Fantilli (Blue Jackets)
F Ridly Greig (Senators)
F Dylan Guenther (NHL Utah)
F Andrew Mangiapane (Flames)
F Jack McBain (NHL Utah)
F Jared McCann (Kraken)
F Dawson Mercer (Devils)
F Brandon Tanev (Kraken)
D Bowen Byram (Sabres)
D Kaiden Guhle (Canadiens)
D Jamie Oleksiak (Kraken)
D Colton Parayko (Blues)
D Owen Power (Sabres)
D Damon Severson (Blue Jackets)
D Olen Zellweger (Ducks)
G Jordan Binnington (Blues)
G Nico Daws (Devils)
G Joel Hofer (Blues)
Injury Notes: Kraken, Sharks, Sebastian Aho
Seattle Kraken head coach Dave Hakstol shared that Brandon Tanev‘s status for the team’s upcoming four-game road trip is still up in the air. Tanev is working back from a lower-body that had him expected to miss four-to-six weeks in mid-October. It’s been five weeks and it seems his status is progressing enough to earn a questionable tag.
Hakstol also shared that goaltender Philipp Grubauer will join the team on the road trip. Grubauer was placed on injured reserve in early November and activated off of it on November 18th. He played in two games after being activated but then suffered an undisclosed injury that held him out of the team’s last two games. If Grubauer slots in for the road trip, fans can expect Chris Driedger to be reassigned to the AHL.
The early season injury has held Tanev out of all but eight games this season. He managed two goals in those games, also recording nine penalty minutes and a -3. He scored 35 points in 82 games with Seattle last season. Grubauer has played in 12 games this year, setting a .885 save percentage and 3.36 goals-against-average. Both metrics are a step down from his totals last season when he recorded a .895 save percentage and 2.85 GAA in 39 games.
More injury news from around the league:
- The San Jose Sharks have announced that forward Filip Zadina is out day-to-day with an upper-body injury. Zadina left the team’s Friday night game against the Montreal Canadiens and is out of their Saturday game. The Sharks also shared that Jan Rutta and Alexander Barabanov have returned to practice. Both players have been working back from upper-body injuries.
- The New York Islanders have shared that defenseman Sebastian Aho has suffered an upper-body injury and is out indefinitely. The defender left the team’s Friday night game early on. He has played in 19 games this season, scoring four points and recording six penalty minutes.