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Salary Cap Deep Dive: Washington Capitals

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Navigating the salary cap is one of the more important tasks for any GM. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2019-20 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Washington Capitals

Current Cap Hit: $82,864,294 (over the $81.5MM Upper Limit)

Entry-Level Contracts

G Ilya Samsonov (two years, $925K)
F Jonas Siegenthaler (one year, $714K)

Potential Bonuses

Samsonov: $550K
Siegenthaler: $83K

The one failing of the Washington Capitals and their dominance of their run over the years has been their inability, lately, to develop young talent that can step in. Again there are few players on entry-level contracts who can help ease the Capitals’ salary cap. However, the team believes that they might be close to bringing in their top prospect in Samsonov. The talented Russian goaltender finally arrived in North America last season and had mixed results in his first year in the AHL. However, Samsonov is likely to get a long look in training camp this season and even if he doesn’t make the team, he’s due to make his NHL debut at some point this season. After all, the Capitals must figure out quickly whether they have their future No. 1 netminder.

Siegenthaler finally looks ready to step into a permanent role on the Capitals’ blueline. The 22-year-old showed promise last year in 26 regular season games and even saw some playoff action with four games last season. The defensive defenseman is a perfect addition to a defense that is still dealing with injuries.

One Year Remaining, Non-Entry-Level

F Nicklas Backstrom ($6.7MM, UFA)
G Braden Holtby ($6.1MM, UFA)
D Radko Gudas ($2.35MM, UFA)
D Christian Djoos ($1.25MM, RFA)
F Chandler Stephenson ($1.05MM, RFA)
F Travis Boyd ($800K, RFA)
F Brendan Leipsic ($700K, RFA)

Washington will have a big decision to make next offseason as they have two of their core pieces who will become unrestricted free agents and with serious cap issue for several years coming, the team will almost assuredly have to make a tough decision and are likely to lose at least one of them for nothing next summer. Neither is likely to be traded considering the team is strong enough to compete for a Stanley Cup, but the team just can’t afford both. The most likely scenario is the team finds a way to retain Backstrom, but will be forced to let Holtby go, considering that top goaltenders have been cashing in and the Capitals likely won’t have the money to keep him around. Of course much could change, but considering that Washington does have a top goaltending prospect who is almost ready for the NHL, losing Holtby might be an easier blow to take than losing Backstrom.

The remaining group will have to prove their worth. The most interesting player could be Gudas, who is considered a likeable locker room guy, but the Capitals will have to wait and see how well the veteran blueliner fits in with their defense and what the cost of retaining him in the future will be.

Two Years Remaining

F Alex Ovechkin ($9.54MM, UFA)
F Jakub Vrana ($3.35MM, RFA)

While it’s hard to imagine a Capitals team without their star in Ovechkin seems highly unlikely, Washington will have to see whether they can convince their star to re-sign. He’ll be 36 years old by the time he signs his next contract, which means he has quite a few options and while re-signing with Washington is the most likely possibility, the veteran has a number of options which could include returning to Russia to finish his career. Signing with Washington also could hinge on how the Capitals will look in two years. If the team looks like an aging team that has little real chance at winning a title, Ovechkin could also look elsewhere in the NHL for a last chance for a Stanley Cup. The Athletic’s Jesse Granger suggested a while back that Ovechkin might be a good fit with Vegas in a couple of years, suggesting that his relationship with George McPhee could be enough to bring him over there.

The team needs Vrana to continue his development. A player who struggled and was a big question mark at this time a season ago, Vrana answered a lot of questions last year with a 24-goal, 47-point season. If he can continue that success and be a consistent top-six player, the team will likely have hand him a long-term deal in two years.

Three Years Remaining

D Michal Kempny ($2.5MM, UFA)
G Pheonix Copley ($1.1MM, UFA)
F Nic Dowd ($750K, UFA)

The team lacks many major contracts here, but if Kempny continues to prove to be a solid defensive presence on Washington’s blueline, the team may have to hand out a significant contract. While the defender will be out for the start of the season and remains an unknown after a season-ending hamstring injury, he has proven to be quite reliable since the Capitals acquired him back at the trade deadline in 2018. Copley, who posted solid numbers as a full-time back-up goalie, likely will hold down his job, but will be challenged by Samsonov, who the team hopes will be their goalie of the future.

Four Or More Years Remaining

D John Carlson ($8MM through 2025-26)
F Evgeny Kuznetsov ($7.8MM through 2024-25)
F T.J. Oshie ($5.75MM through 2024-25)
F Tom Wilson ($5.17MM through 2023-24)
D Dmitry Orlov ($5.1MM through 2022-23)
F Lars Eller ($3.5MM through 2022-23)
F Carl Hagelin ($2.75MM through 2022-23)
F Richard Panik ($2.75MM through 2022-23)
D Nick Jensen ($2.5MM through 2022-23)
F Garnet Hathaway ($1.5MM through 2022-23)

The bulk of the team’s contracts are here with plenty of money being dedicated to the team between the next four to seven years. Many of these players will likely not be worth the money they are paying for them by that time and much will depend on whether Washington can supplement the team with young, cheap talent. However, the core of the team comes down to Carlson, Kuznetsov, Oshie and Wilson, all of which are currently key to the team’s status as threats to capture another Stanley Cup in the next few years. Carlson, who hits 30 at midseason, put up another phenomenal numbers last year, scoring 13 goals and a career-high 70 points. Kuznetsov had a slight down year, but could be a candidate for a big bounce-back season. Oshie continues to put up solid numbers, 25 goals last season, but will turn 33 during the season and will be 39 before his contract expires, which could go bad quickly. Wilson’s contract doesn’t look nearly as bad, especially after posting career highs in goals (22) and points (40).

Orlov saw his goal-scoring numbers drop, but he still has been a key figure on the team’s defense. Although he saw his ATOI drop by a minute in a half, the team still believes that Orlov is a top-pairing defender. The team hopes that Jensen might provide the same value at a much cheaper price. Jensen, acquired from Detroit and immediately extended for four years, gives Washington even more depth on the team’s blueline. He only averaged 17 minutes in his 20 games with Washington, but he could return to the 20 minutes he was averaging when he was with the Red Wings.

Washington has started to put more effort into bringing in cheaper players, who they think can contribute to the team long-term such as Hagelin and Panik, who were both locked up as the team believes both can contribute as middle-six players for a number of years.

Buyouts

None

Retained Salary Transactions

None

Still To Sign

None

Best Value: Wilson
Worst Value: Oshie

Looking Ahead

The Capitals are a team that have made it clear years ago that they were going for it. They succeeded finally, winning a Stanley Cup after the 2017-18 season. However, they looked just as formidable last year, despite a first-round exit in a grueling seven-game series against the Carolina Hurricanes. However, expectations continue to be high that this veteran laden club can continue to be one of the top teams in the Eastern Conference. With a number of their players already in their 30’s, the question will end up being how long can they keep this up? The team is capped out and will be for years to come, so they could lose quite a bit of talent over the next few years and with one of the weakest group of prospects in the league, the team will have to be quite clever with the cap to keep the team relevant.

Photo courtesy of USA Today Sports Images.

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.

Capitals Hoping To Re-Sign Carl Hagelin

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Carl Hagelin made a positive impression on the Capitals after they acquired him from Los Angeles in advance of the trade deadline.  However, keeping him in the fold was going to be tricky given their salary cap situation.  As a result of today’s defensive swap with Philadelphia though, they now have over $3MM in room to work with.  Pierre LeBrun of TSN and The Athletic reports (Twitter link) that Washington is hoping to put that some of that money towards keeping Hagelin around as they are still trying to get him signed to a new contract.

While Washington was able to get away with carrying Hagelin at a reduced rate in 2018-19 thanks to the Penguins and Kings retaining part of his $4MM contract, that won’t be the case this time around.  The question for them now is how close to his old AAV will they have to get to in order to keep him in the fold.

Although he’s coming of a particularly rough season offensively (just five goals and 14 assists in 58 games), Hagelin was somewhat productive in his time with Washington as 11 of his 19 points came with them in just 20 contests.  However, he was largely held off the scoresheet in their first-round loss as he had just a single assist in seven games.

Even if he’s no longer much of an offensive threat, the 30-year-old is still a very strong skater and penalty killer and should be able to play in that role for a few more years.   Those qualities are what made Washington interested in him in the first place so it’s no surprise that they want to keep him around.  As a result of the trade, they now have at least $10MM in cap space for next year (the actual amount won’t be known until the Upper Limit is officially set) so their ability to bring Hagelin back has certainly gotten a boost.

Snapshots: Trouba, Zucker, Vrana

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The Winnipeg Jets suffered an early defeat in the Stanley Cup playoffs after lazily struggling through the last part of the regular season. Something seemed off for months as the team lost their grip on the Central Division, and failed to crack 100 points despite being 34-16-2 at the beginning of February. That may lead to some changes this offseason as the team decides how they can better compete, and Jacob Trouba’s name has come up in trade talks once again. Both Ken Wiebe of the Winnipeg Sun and Murat Ates of The Athletic (subscription required) examined the Trouba situation and the potential outcomes.

Most prevalent in both pieces is a trade of the right-handed defenseman, given his unwillingness to sign a long-term contract to this point. Trouba was previously unhappy with his role on the team, playing behind Tyler Myers and Dustin Byfuglien or asked to hit the ice on his unnatural left side. This year much of that changed and Trouba became the premiere offensive weapon on the Jets’ blue line, recording 50 points in 82 games. Unfortunately he is now without a contract and just a single year away from unrestricted free agency. If the Jets don’t trade Trouba, he could elect salary arbitration again in order to secure himself a one-year deal.

  • It’s hard to talk trade these days without mentioning the Minnesota Wild, who are expected to be active this summer in their pursuit of a return to the playoffs in 2020. Wild GM Paul Fenton has already torn apart the previous core of the team by trading the likes of Charlie Coyle, Nino Niederreiter and Mikael Granlund, but has more work to do in order to get his team back to the promised land. Michael Russo of The Athletic (subscription required) reports that Jason Zucker is being dangled once again in trade talks, as he was at the deadline when he was almost sent to the Calgary Flames. Russo examines potential trade fits for the Wild including Phil Kessel, Tyler Johnson and William Nylander, though it is not clear who Fenton is targeting at this moment.
  • While writing about the upcoming cap crunch facing the Washington Capitals, Chris Kuc of The Athletic (subscription required) notes that the team is exploring a two-year bridge deal with restricted free agent Jakub Vrana. The two sides, Washington and agent J.P. Barry have also discussed a “slightly longer” deal for Vrana, and conducted initial talks on another client, Carl Hagelin. The Capitals are in a tough cap situation heading into next season, and much of it will depend on what number they can get Vrana at. That’s why a bridge deal makes sense, though Vrana is coming off a 24-goal season and will be looking for a healthy raise regardless.

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.

Capitals Notes: Hagelin, Orpik, Niskanen, Smith-Pelly

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Carl Hagelin played an important role for Washington down the stretch, picking up 11 points in just 20 games after being acquired in a midseason trade from Los Angeles.  He saw an uptick in playing time during the postseason as well, logging over 16 minutes a night in their first-round loss to Carolina.  With that in mind, it’s no surprise that the pending unrestricted free agent told reporters, including NHL.com’s Tom Gulitti (Twitter link) that he’d like to remain with the team for next season.

For that to happen though, he’ll need to take a significant pay cut.  Hagelin has received an average of $4MM per season over the past four years and that’s an amount that the Capitals simply cannot afford under their salary structure.  Thanks to salary retention from the Kings and Penguins, Washington only paid Hagelin $1.875MM and the 30-year-old may need to sign for closer to that amount if he wants to stay with the Caps.

More from Washington:

  • Defenseman Brooks Orpik isn’t likely to return next season, notes Isabelle Khurshudyan of the Washington Post. He was limited to 53 games in 2018-19 and logged a career-low 15:40 per night.  While he could still play a third pairing role for them, Washington has some youngsters in the system that could benefit from the open roster spot.  Khurshudyan also speculates that the acquisition of Nick Jensen near the trade deadline may have been with an eye of trying to move out veteran blueliner Matt Niskanen this summer to free up some cap space.  However, Jensen didn’t have as much of an impact after joining the team which could affect that potential decision.
  • The team has laid out a specific set of requirements for winger Devante Smith-Pelly to meet before they consider re-signing him this summer, notes NBC Sports Washington’s JJ Regan (Twitter link). He was benched during the preseason for what has been speculated to be conditioning-related issues while he wound up clearing waivers in advance of the trade deadline.  However, when T.J. Oshie was injured, Smith-Pelly was recalled and inserted in the lineup, suggesting that the team still believes he can play a role for them.

Snapshots: Elias, Hedman, Lockwood, Marino

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The New Jersey Devils will have a familiar face around the team as former Devils’ great Patrik Elias will be spending time with the John Hynes and the Devils’ coaching staff for the final week of the season, according to NHL.com’s Amanda Stein. The former star player is interested in coaching and wants spend time with the staff and gain experience with working on a coach’s schedule.

Elias, who played 1,240 games with the Devils over the course of his career, scored 408 goals and 1,025 points over that time. However, with his playing days over, he has shown more interest in coaching in the last year. Elias spent time with the Devils this summer and even asked Hynes about coaching the Czech National Team.

Stein says that Elias will be on the ice with the Devils during practice and sit through coaching meetings. He is also expected to be assigned certain duties for the remainder of the season.

  • The Tampa Bay Lightning are facing a scare as Victor Hedman left Saturday’s game during the second period. Evidently, the helmet of Washington Capitals forward Carl Hagelin hit Hedman on the chin accidentally and the Lightning announced that Hedman would not return to the game as a result of the incident. Any long-term loss could be devastating to a team that has been consistently dominant all season and can’t afford to be without their top defenseman for any extended period of time.
  • Sportsnet’s Rick Dhaliwal reports that Vancouver Canucks prospect Will Lockwood will likely stay put and return to the University of Michigan. Lockwood, who just finished his junior year, had a breakout season with 16 goals and 31 points for the Wolverines. If Lockwood, the Canucks’ third-round pick from the 2016 draft, chooses to return to Michigan, he could play out his senior and opt to become a unrestricted free agent after that, free to sign with any team in the NHL.
  • The Edmonton Journal’s Jim Matheson writes that the Edmonton Oilers might have a tough time signing their 2015 sixth-round pick John Marino, who just completed his junior season at Harvard. Unfortunately, because he played a season of USHL hockey, he could opt to become an unrestricted free agent now if he wants. The 21-year-old defenseman had three goals and 11 points for Harvard.

 

Flames, Senators Among Teams Pursuing Joakim Nygard

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In tonight’s “Insider Trading” segment on TSN, Darren Dreger reported that one free agent race is already heating up more than three months before unrestricted free agency opens in the NHL. Joakim Nygard, who is currently playing for the top-seeded Farjestad BK in Swedish Hockey League postseason, is looking to make the jump to the NHL this off-season and there is already considerable interest. Among the teams rumored to be leading the pack in the pursuit of Nygard are two Canadian clubs on opposite ends of the spectrum, the Calgary Flames and Ottawa Senators.

It comes as little surprise that Nygard has been attracting attention this season. The 26-year-old forward is enjoying a career year in the SHL, skating on a line with Boston Bruins prospect Oskar Steen, the only Farjestad forward who has outscored him this season. Nygard played in all 52 regular season games this season, recording a career-high 21 goals and 35 points. Nygard finished second in the league goal-scoring race and helped to fuel his team to a top finish. Now he has to finish the job in the playoffs.

After that, he will be free to leave and it looks certain that he is headed to the NHL. In fact, Dreger states that Nygard’s camp has been receiving interest for months now and the move across the Atlantic has been a long time coming. He reports that several GM’s have checked in on Nygard over in Sweden this season, but says that the Flames and Senators specifically are “in hard”. Dreger also offers an NHL comparison for Nygard in Carl Hagelin, stating that Nygard’s skating ability is elite and he can “flat out fly”. The book on Nygard had been that he has the physical and technical tools down, but was still raw in his hockey sense and execution. It seems that he has improved in that area over the past few years and is now ready to show his complete game at the next level.

The battle to sign Nygard will be especially interesting because money won’t be the main bargaining chip. At 26, Nygard will still be forced to sign a one-year entry-level contract, meaning his immediate NHL earnings are capped no matter where he goes. More likely than not, opportunity will be the defining factor in the Swede’s decision. If that is the case, one would think Ottawa would have a major leg up as a team needing to replace several top-nine forwards before next season. Could the Senators start the off-season off early by adding Nygard? Keep an eye out once Farjestad’s season ends in the next month or so.

Washington Capitals Acquire Carl Hagelin

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The Washington Capitals were bound to make a move of some sort after waiving Devante Smith-Pelly yesterday, and it comes in the form of Carl Hagelin. The Capitals have acquired Hagelin from the Los Angeles Kings in exchange for a 2019 third-round pick and a conditional 2020 sixth-round pick. The Kings will be retaining 50% of what remains on Hagelin’s contract, which had already been involved in a retained salary transaction earlier in the year and expires at the end of this season. According to Pierre LeBrun of The Athletic, the sixth-round pick will be sent to Los Angeles if the Capitals win two playoff rounds and Hagelin plays in 50% of any two rounds combined.

Hagelin, 30, should be very familiar to Capitals fans already from his days with the Pittsburgh Penguins, though he is not quite the same player that scored 16 playoff points en route to a 2016 Stanley Cup victory. In fact, Hagelin has just eight points through 38 games this season split between the Penguins and Kings. Still, Capitals GM Brian MacLellan obviously saw a way for his team to improve, and released a statement explaining why he made the move:

We are pleased to welcome Carl to our organization. We felt this trade enables us to add depth up front and provides us with a veteran player with a tremendous amount of speed to help us on the penalty kill.

If there is one thing Hagelin is still known for, it is that speed. One of the fastest players in the NHL, he will jump into the Capitals bottom-six and replace a player in Smith-Pelly who has slowed considerably this season. There’s a good chance the former Penguins forward will also become a trusted penalty killer, a role that he has excelled at over the years.

For the Kings, this was always the plan after acquiring Hagelin from the Penguins in exchange for Tanner Pearson earlier this year. As an expiring contract he was never expected to stay the whole season in Los Angeles, where the team is committed to a short rebuild after getting off to such a slow start. The Kings now have ten picks in the upcoming draft including five in the first three rounds. The team could acquire even more by selling off other names like Ilya Kovalchuk, Tyler Toffoli or Alec Martinez, but it is unclear if they will really want to move on from those more important players.

Washington meanwhile is happy to give up a third-round selection to add some Stanley Cup experience to the team for another playoff run. While other teams were giving away their first-round picks last year to try and load up at the deadline, the Capitals decided to hold onto theirs and actually selected three times in the first two rounds. Once again they still have their first and second for the upcoming draft, ensuring that more young talent will continue to flow into their system.

Even with the retained salary on Hagelin’s deal, the Capitals are right up against the cap and have almost no room to do anything else at the deadline. They could however move out some other names that have been rumored, including Dmitrij Jaskin who was expected to be placed on waivers yesterday. If not, this is the group they’ll have to ride until the playoffs.

Photo courtesy of USA Today Sports Images

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