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Trade Rumors: Pysyk, Goligoski, Flames

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The Florida Panthers did not enter this past off-season with all that much space under the salary cap ceiling, yet still went and handed out over $20MM in AAV to Sergei Bobrovsky, Anton Stralman, Brett Connolly, and Noel Acciari. As a result, the team has just $788K in cap leeway and no way to alleviate that pressure without making a move. Seeing as defenseman Mark Pysyk heard his name on the rumor mill last season, when the Panthers had ample cap space, the pressure on him has increased tenfold to prove that he is a valuable contributor to the team and not just $2.73MM in wasted space. Pysyk, an impending unrestricted free agent at year’s end, likes Florida and would like to stay with the team. However, he’ll find it hard to make his case that he should stick around when he is not on the ice. As The Athletic’s George Richards writes, Pysyk has found himself in a unfamiliar spot through the team’s first two games as a healthy scratch. New head coach Joel Quenneville opted to go with MacKenzie Weegar and Josh Brown as his bottom pair to begin the year, leaving Pysyk in the press box. Fortunately for Pysyk, he’s expected back in the lineup on Tuesday according to Quenneville. “He was always in consideration. He has some experience, gives us some versatility on the back end and can play both sides,” the veteran coach remarked. Yet, the trick is that even if Pysyk plays well in his return to the lineup, it doesn’t guarantee his safety from a trade. With his contract expiring, the 27-year-old is an expendable asset, especially for a team that hopes to contend for a playoff spot and could be eyeing cap space to make a trade addition of their own on the blue line later this season. If Pysyk is playing well and drawing attention from other teams, he could very well be on his way out of town. The two-way defender has heard those rumors before though, and all he can do is continue to focus on brining his best to the Panthers’ lineup whenever he’s active in hopes of proving he’s worth more as a long-term fit than as a cap dump.

  • Optimism was high to begin the season in Arizona and Coyotes GM John Chayka isn’t about to overreact to an 0-2 start to the year. However, The Athletic’s Craig Morgan admits that one valuable member of the team could become expendable if the team’s struggled do continue. The status quo has changed for Alex Goligoski, as the veteran defenseman’s No-Movement Clause expired last season and has been replaced with a Modified No-Trade Clause of a mere eight-team no-trade list. Morgan is adamant that the team has shown no desire to move Goligoski to this point, but at 34 years old and with only one year remaining on his contract beyond this season, Goligoski could be more valuable to a contender than to Arizona, especially if this season proves to be yet another step in the rebuilding process rather than the much-awaited jump to contender status. With a field of 22 possible suitors, there would surely be interest in the reliable puck-moving defender, even with his $5.475MM cap hit. The Coyotes hope it doesn’t come to that, but Goligoski will be a name to keep an eye on later this year if Arizona’s season begins to slip away.
  • It’s not strange for a team to be painfully close to the salary cap this season, and the Calgary Flames are just one of many teams who will have to manipulate the cap constantly this season to maintain what little flexibility they have. However, an easier solution would be to trade a high-salary player and Sportsnet’s Pat Steinberg writes for SB Nation that the team is actively looking to make a “financially-motivated trade”. The name that has come up in trade conversation for more than a year now is back in the rumor mill already: Michael Frolik. Steinberg notes that Frolik has not looked great through the team’s first two games and his $4.3MM cap hit isn’t earning him the benefit of the doubt. Steinberg believes that the Flames should not hesitate to move Frolik if the opportunity arises, as he feels the likes of Andrew Mangiapane, Tobias Rieder, Austin Czarnik, and Alan Quine could easily make up for Frolik’s absence. If there isn’t a market for Frolik, Steinberg adds that the team could consider moving Mark Jankowski as well. The 25-year-old center is not as much of a salary cap stinger, but Steinberg writes that the drop-off in salary between he and Quine is a larger gap than the drop-off in talent, believing the AHL veteran to be more than capable of taking over for Jankowski. With solid depth to make up for potential trade casualties, the Flames could make a move sooner rather than later and work on banking cap space for later in the year, as the team was criticized for not adding more at the deadline last year ahead of their short-lived playoff run.

Atlantic Notes: Divisional Upgrades?, McAvoy, Barre-Boulet

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Despite quite a bit of movement this offseason, it doesn’t look like much has changed in the Atlantic Division. With three teams that have dominated the division for the past few seasons, several teams were hoping to vault themselves into contention for the top of the Atlantic. However, The Athletic’s John Vogl (subscription required) analyzes each line of each divisional team and comes to the conclusion that little has changed.

The Boston Bruins are in the top half of the division on almost every line from forwards to defensemen and especially show off their defensive depth to still be ranked at the top. The Toronto Maple Leafs have also improved their team with a number of defensive additions and have quite a bit of forward depth as always, but their third-pairing depth is expected to be at the bottom of the division. Tampa Bay continues to be one of the strongest teams with a number of top lines throughout the division.

While many feel that Florida has taken that next step after the team signed goaltender Sergei Bobrovsky and added a pair of depth forwards in Brett Connolly and Noel Acciari, the Panthers find themselves in the middle of the pack for most of their lines. Even Bobrovsky doesnt’ give Florida that big of an advantage considering that he’s now in a division with Frederik Andersen, Andrei Vasilevskiy, Tuukka Rask and Carey Price.

  • The Boston Globe’s Kevin Paul Dupont writes that after the Boston Bruins inked forward Danton Heinen to a two-year deal at $2.8MM AAV, the Bruins will now focus their attention on their two most challenging restricted free agents in Charlie McAvoy and Brandon Carlo. The negotiations should prove challenging as the team hopes to keep their combined total to under $10MM per season. The team should be able to handle that. However, if they combine for closer to $11-12MM, the team will have to make some roster moves to free up some cap space. McAvoy, who has scored 14 goals and 60 points over two seasons and has proven the ability to be the team’s lead defenseman should get the most of that money, but Carlo’s development seems to have increased his value during the playoffs and he should get quite a raise as well.
  • With some openings at the bottom of their offensive depth chart, NHL.com’s Bryan Burns writes in his recent mailbag piece that there are a number of AHL players that are ready to challenge for these openings, including Alex Barre-Boulet, Carter Verhaeghe at the top of the list. Barre-Boulet, who the team signed out of the QMJHL after he went undrafted, dominated in his first season in the AHL last season, while Verhaeghe finally posted a dominant season with the Syracuse Crunch after toiling in the ECHL for several years. Tampa Bay, which has proven to be proficient in developing their players for NHL duty, also have a number of other prospects close to ready as well, including Alexander Volkov, Mitchell Stephens and Cory Conacher.

Florida Panthers Sign Brett Connolly

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Monday: As expected, the Panthers have confirmed a four-year deal with Connolly. However, the team has set to disclose the financial terms. GM Dale Tallon calls Connolly “a Stanley Cup Champion who knows what it takes to win in this league (and) brings a dimension of both size and skill to our young forward group and will strengthen our depth.” There is clearly an expectation that the scoring winger will continue to grow into a true top-six player over his time with Florida.

Sunday: While the Panthers have been linked to some of the top players in the free agent class, it appears as if they will be making some smaller free agent splashes as well.  Bob Stauffer of 630 CHED reports (Twitter link) that Florida could be signing winger Brett Connolly to a four-year contract when the market officially opens up on Monday.  Pierre LeBrun of TSN and The Athletic echoes (Twitter link) that the Panthers are expected to land Connolly while Fox Sports Midwest’s Andy Strickland adds (via Twitter) that the deal will carry a $3.5MM AAV.

The 27-year-old is coming off of a career year with Washington.  After putting up 27 points (his previous high) in 2017-18, he blew past that as he posted 22 goals and 24 assists in 81 games while chipping in with a pair of goals in the postseason.  Most notably, 44 of his 46 points came at even strength and finding players that are capable of producing without power play time are hard to find.  That helped vault him to 17th on our Top 50 UFA Rankings.

That said, this deal won’t be without its risks.  Connolly is only a few seasons removed from being non-tendered in two straight summers (2014-15 with Tampa Bay and 2015-16 with Boston) and his point production had been in the twenties for the three previous seasons before 2018-19.  If he reverts to his career averages, this contract could become an overpayment fairly quickly.  On the other hand, if he can come close to that level of five-on-five production once again, it could wind up as a bargain.

UFA Notes: Carpenter, Connolly, McElhinney, Johansson

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Ryan Carpenter is an unrestricted free agent that hasn’t generated a lot of attention so far but the center is on the radar of a few teams at least.  Mark Lazerus of The Athletic reports (subscription required) that the 28-year-old center is on the radar of the Blackhawks, Bruins, and Avalanche and is likely deciding which of those three teams to sign with.  Carpenter joined Vegas back in 2017-18 on waivers and wound up playing a regular role for them down the stretch.  He followed that up with a career year offensively this past season, recording 18 points in 68 games while winning 52.6% of his faceoffs.  Teams are always looking to upgrade down the middle and Carpenter could certainly slot in as a fourth line piece on each of those teams.

More news from the open market which is less than 48 hours away from officially opening up:

  • While Washington created a little bit more salary cap flexibility with yesterday’s trade of Andre Burakovsky to Colorado, don’t expect them to re-sign winger Brett Connolly. Capitals GM Brian MacLellan told Tom Gulitti of NHL.com (Twitter link) that he expects Connolly’s price to be too high for them to be able to afford to re-sign him.  Connolly enters the open market coming off of a career year that saw him score 46 points, 44 of which came at even strength.  MacLellan indicated that they plan to try to fill Burakovsky’s roster spot through a UFA signing.
  • Hurricanes GM Don Waddell provided an update to reporters, including Chip Alexander of the Raleigh News & Observer, regarding their goaltending situation. The team remains in frequent discussions with Petr Mrazek but Waddell indicated that Curtis McElhinney will be “going somewhere else”.  If Carolina can’t re-sign Mrazek, they’ll go shopping for a new starter in free agency with one of Alex Nejdelkovic or the recently-acquired Anton Forsberg pushing for the backup role.
  • More than ten teams have checked in on Bruins UFA Marcus Johansson, reports TSN’s Darren Dreger (Twitter link). Sportsnet 650’s Rick Dhaliwal adds (via Twitter) that the Canucks are among those teams.  While he had a quieter year offensively during the regular season with just 30 points in 58 games between New Jersey and Boston, he had a strong showing in the playoffs in a supporting role which appears to have caught the attention of a lot of teams.  He made $4.583MM on his last contract and should be well-positioned to surpass that on the open market.

Edmonton Notes: Puljujarvi, Broberg, Connolly

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It has seemed as though a fresh start might be in order for Edmonton Oilers forward Jesse Puljujarvi, after several seasons of frustration from both the team and player. Selected fourth-overall in 2016, Puljujarvi hasn’t found his footing in the NHL (or AHL for that matter) and has just 37 points through 139 games. He heads into this offseason as a restricted free agent, and several reports have him on the trade block. Ryan Rishaug of TSN tweets this morning that the Oilers are looking for a third-line NHL forward in exchange for the young Puljujarvi, and if they can’t get one they might just hold tight.

Rishaug included several other nuggets of information:

  • The Oilers have the eighth-overall selection in this weekend’s draft, and may be looking at Swedish defenseman Philip Broberg. The 6’3″ defenseman played in Sweden’s second league this season and doesn’t turn 18 until next week. Broberg is a big, excellent skating defender, but some have questioned his hockey sense and upside over the last few months. The first round this year looks like it will be filled with interesting decisions, as the fifteen or so players ranked after Jack Hughes and Kaapo Kakko could go in any order.
  • If the Oilers are looking at free agent forwards this offseason, Rishaug suggests that Washington Capitals UFA Brett Connolly will be of interest. The 27-year old scored 22 goals in 2018-19 and registered 46 points for the Capitals in a breakout season, finally showing some of the offensive upside that caused the Tampa Bay Lightning to draft him sixth overall in 2010. Connolly made just $1.5MM in each of the past two seasons, but has earned himself a healthy raise.

Metropolitan Notes: Available Draft Picks, Hayes, Orpik, Burakovsky

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With the NHL Entry Draft fast approaching later this week, there are plenty of teams looking to make trades or even better, looking to move up in the draft, especially in the first round. The trick is finding a team who would be willing to move their first-round selection.

The Athletic’s Craig Custance (subscription required) looks at the entire first round and identifies team that might be open to trading their first-round pick and it doesn’t take long to notice that there are plenty of Metropolitan Division teams on his list of teams. The New York Rangers, already picking at the No. 2 position, also have the 20th pick in the draft, acquired from Winnipeg for Kevin Hayes, and might be willing to move that to further hasten their rebuild. In fact, it’s already been rumored to be sent back to Winnipeg as part of a package to acquire Jacob Trouba. The Philadelphia Flyers could be a team that might be willing to move the 11th overall pick as they are also looking to make changes to get them back into the playoff discussion.

Custance adds that you can’t count out either Pittsburgh (#21) or Carolina (#28) as well. The Penguins might be more open to moving the pick as they want to get one more chance at the title before the Sidney Crosby era ends, while Carolina wants to continue with the success they had last year and wants to continually build its core.

  • NHL.com’s Bill Meltzer writes that the Philadelphia Flyers are still working on a new contract for Hayes, according to general manager Chuck Fletcher. The team traded a fifth-round pick to acquire Hayes’ rights recently in hopes they could begin negotiating early and convince him to sign before other teams could be allowed to speak to him. “We’ve had some very good, constructive dialogue with Kevin. We’re continuing to work with his representation. We’ll see how things play out, but so far it’s been a positive process,” Fletcher said.
  • NBC Sports’ J.J. Regan writes that when the Washington Capitals acquired Radko Gudas from Philadelphia for Matt Niskanen, it likely ended the team’s relationship with veteran Brooks Orpik as well. The Capitals already had six defensemen under contract and restricted free agent Christian Djoos would make seven once they re-sign him. That would make Orpik the team’s eighth defenseman and with plenty of cap issues, it would be highly unlikely the team would consider bringing him back. Orpik said he would decide later this offseason whether he would retire or come back for one more year, but if he does want to come back, it’s likely going to be with another team.
  • NBC Sports’ James O’Brien also adds that with the signing of Carl Hagelin to a new four-year extension, that leaves little money left for the rest of their roster. The team already has committed $72.26MM committed to 17 players, leaving them with approximately $10.7MM in cap space to fill out their roster, assuming the salary cap will be set at $83MM this year, which is not a certainty. The team still has a number of key unsigned players, included unrestricted free agent Brett Connolly and restricted free agents Jakub Vrana and Andre Burakovsky. O’Brien wonders whether the Hagelin deal could mean the team considers moving Burakovsky’s rights. The Capitals and Burakovsky have had issues with each other at times, but the 24-year-old might be worth something as he still has quite a bit of talent left in him.

Washington Capitals Re-Sign Carl Hagelin To Four-Year Extension

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The Washington Capitals have re-signed one of their top unrestricted free agents as the team announced that it has inked forward Carl Hagelin to a four-year, $11MM extension. The deal will give him a $2.75MM AAV.

According to TSN’s Pierre LeBrun, the contract is as follows:

2019-20: $2.5MM salary, $1MM signing bonus
2020-21: $2.7MM salary, $2MM signing bonus
2021-22: $2MM salary, $1MM signing bonus
2022-23: $1.8MM salary

“We are pleased to have signed Carl to a new four year contract,” said Washington general manager Brian MacLellan. “Carl is a versatile player who can play on any line and is an excellent penalty killer. He is a proven winner and provides great leadership to our team.” Hagelin came over to Washington at the trade deadline when the team acquired the speedy forward in exchange for a 2019 third-round pick to give the team some added depth for a playoff run. While they were eventually eliminated in the first round of the playoffs to the Carolina Hurricanes, the team was real happy with his production as he scored three goals and 11 points in 20 regular season games and proved to be a good fit in the team’s middle-six as the veteran is a two-time Stanley Cup Champion when he was with the Pittsburgh Penguins. The trade to Washington seemed to renewed the 30-year-old forward as he struggled with Pittsburgh to start the season, then was traded to Los Angeles in November for Tanner Pearson, but did little to impress them. He finished the season with a combined five goals and 19 points between the three teams. However, in Washington, he fared much better and also played a big role on the Capitals’ penalty kill, averaging 2:21 per game on that unit, first on the team.

One issue was whether the Capitals would have the cap space available to sign Hagelin as the team was very tight against the cap. However, after Saturday’s trade that sent defenseman Matt Niskanen to Philadelphia for Radko Gudas, Washington freed up $3.4MM in cap space, which allowed the team to lock up Hagelin. That won’t be it for changes with Washington as the Capitals still must find some money to lock up restricted free agents Jakub Vrana and Andre Burakovsky. It also suggests the team is likely to allow forward Brett Connolly, who is an unrestricted free agent, to walk away.

Canucks Notes: Free Agency Targets, Edler, Eriksson

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Vancouver GM Jim Benning continues to be honest and open with the media this off-season about the direction of the team and his plans moving forward. In a media session yesterday, the veteran executive spoke on a number of topics, including the positions he will try to fill in free agency. Per NHL.com’s Kevin Woodley, Benning was happy to reveal who he may target:

Going forward now, if we are going to add through free agency, we want to try to add top-four defensemen or top-six forwards, so I think our needs in that way have changed. I haven’t been shy about stating that we would like to improve our defense. There are different avenues to try to do that, so we’re looking at all those avenues.

The “change” that Benning is referring to is in contrast to last off-season, when the Canucks spent on bottom-six depth in free agency, targeting Jay Beagle, Antoine Roussel, and Tim Schaller. This year, the names that the team will seek will be more high-profile. Up front, Vancouver has already been linked to Marcus Johansson, while British Columbia-native Brett Connolly will also likely be in consideration. On the back end, Jake Gardiner is known to be a free agent target, although Benning’s comments make it seem as though the Canucks could also scour the trade market for a top-four defenseman as well. One way or another, it seems this summer will be more exciting than the last for Vancouver.

  • That “top-four target” could also come internally, as Benning acknowledges that the team is still working through contract talks with long-time stalwart Alex Edler. Edler is an impending free agent and asked not to be traded at the trade deadline this past season in hopes of an extension with Vancouver. Months later, a deal has not yet been signed. It appears that term and trade protection appear to be the sticking points, especially as the 2021 NHL Expansion Draft looms. Edler would like protection from a possible Seattle selection, but Benning and the Canucks would rather use one of their limited slots on a key young piece. Sportsnet’s Iain MacIntyre relays some honest words from Benning on the subject:

I think it’s fair to say we don’t have the appetite to do that. We had to do that last time with Daniel and Henrik Sedin. But we’re going to have some good young players that we need to protect or we’ll lose them.

  • Edler could be gone if talks don’t improve, and so could another veteran, Loui Eriksson. Benning spoke to Eriksson’s comments to a Swedish newspaper earlier this off-season, when he stated that he did not trust or get along with head coach Travis Green. Benning said that he has plans to talk with Eriksson soon, but that those comments are a true cause for concern and a trade could be a real possibility. This isn’t the first we’ve heard of Eriksson trade rumors, with many linking him to the Edmonton Oilers and former head coach Dave Tippett in a possible swap for fellow expensive and under-performing forward Milan Lucic. However, Benning’s comments would imply that a trade could happen even if it isn’t with Edmonton. The team may have trouble finding a taker for the remaining three years and $6MM AAV on Eriksson’s contract, but if it’s a matter of team chemistry, the team may have to do whatever it takes to move the seasoned winger.

Islanders Re-Sign Brock Nelson To Six-Year Extension

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The New York Islanders had four key players approaching unrestricted free agency this off-season, but they have cut that number down to three. The Islanders have announced that they have signed center Brock Nelson to a long-term contract extension. The new deal is six years at $6MM per season for Nelson, who becomes both the highest-paid and longest-signed player on New York’s roster (for now). The full deal breaks down as follows:

  • 2019-20: $8.0MM + full no-trade
  • 2020-21: $5.2MM + full no-trade
  • 2021-22: $8.0MM + partial no-trade
  • 2022-23: $5.2MM + partial no-trade
  • 2023-24: $5.6MM + partial no-trade
  • 2024-25: $4.0MM + partial no-trade

Nelson, 27, bet on himself last summer by signing a one-year, $4.25MM extension with the Islanders in hopes that a breakout season would earn him the long-term, high-paying deal he was seeking. That gamble worked out perfectly, as Nelson enjoyed the best season of his career and had been set to hit the market as likely the third-best center and a top-15 or so free agent. The Islanders knew they had to pay, perhaps even slightly over market value, to keep Nelson and did just that. The six-year term is less of a concern, as Nelson will be just 33 when the contract expires.

New head coach Barry Trotz took an immediate liking to Nelson this season, giving him more than three minutes of extra ice time per night compared to last year, as well as an increased role on special teams. Nelson responded with a career-high 53 points this season and finished third on the Islanders in scoring. He was also New York’s best five-on-five forward, leading the team in even strength goals and points. The team clearly trusts Nelson to continue playing a well-rounded game and growing his offensive ability.

As the first major UFA forward to sign a long-term extension this off-season, Nelson sets the bar for not only his fellow Islanders teammates but for the market as a whole. After signing Nelson, the Islanders still have over $29.2MM in cap space per CapFriendly. The team still hopes to sign forwards Anders Lee and Jordan Eberle, as well as goaltender Robin Lehner. Although Nelson outscored Lee and Eberle this season, the unsigned duo are around the same age as Nelson but have more experience, more scoring history, and simply more talent. The 6×6 deal agreed to by Nelson is unlikely to do the trick for either Lee or Eberle, meaning signing both would chew up more than $12MM of the Islanders’ remaining cap space. It’s still very possible for them to sign all of their key free agents, but not as easy now that Nelson’s deal is in place. Elsewhere on the market, Nelson’s $6MM AAV will likely raise the price tag for the likes of Kevin Hayes, Ryan Dzingel, Gustav Nyquist, and Brett Connolly among others, as each are close in age and platform production to Nelson, albeit Hayes is the only center in the group. This is just the first of what are likely to be several big-name extensions prior to July 1st, but Nelson’s deal will certainly have ramifications in the current marketplace.

Washington Capitals Not Likely To Bring Back Devante Smith-Pelly

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Although the Washington Capitals have their affairs in order with most of their impact players after an early-round exit in the playoffs this year, the franchise still has a number of smaller contracts that it will have to deal with in the coming months. The contracts of restricted free agents Jakub Vrana and Andre Burakovsky and unrestricted free agents Carl Hagelin and Brett Connolly need to be dealt with, among others.

One contract the Capitals aren’t likely to deal with this summer is unrestricted free agent Devante Smith-Pelly, who likely will not be returning to Washington next season, according to NBC Sports J.J. Regan. While there was speculation that the team might consider bringing back one of the team’s key players in their Stanley Cup Championship run last season under the right conditions, Regan notes that changed after comments from general manager Brian MacLellan. “Internally we had a couple of issues we had to work through,” MacLellan said of Smith-Pelly, which was not exactly a vote of confidence.

Many have claimed that those “issues” stemmed from conditioning issues and they are likely the reason that the Capitals intend to move on from Smith-Pelly. The big winger struggled this season after scoring seven playoff goals last spring, including several timely ones. Even though Smith-Pelly had more lucrative offers last summer, he opted to sign a one-year, $1MM deal to remain with the Capitals. However, the season didn’t go as planned as he tallied just eight points in 54 games before the team placed him on waivers, sending him to the AHL. He was recalled after T.J. Oshie was injured in the playoffs, but played sparingly. Regan asked Smith-Pelly about his conditioning, which he flatly denied, but did admit he was forced to change his off-season workout plans due to the shortened break:

The summer was different for a lot of guys. I mean, very short. Guys are hurt going into the summer so obviously you don’t have the same routine as you’ve had in years past to get ready. I guess that just affected me more than some other guys. You try to get your footing and stuff happens.

With the team right up against the salary cap and key decisions to make about Burakovsky, Vrana, Hagelin, and Connolly, as well as defensive veteran Brooks Orpik, the team does need several cheap contracts on the book, but it looks like they might be ready to look elsewhere for that talent.

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