Headlines

Go To MLB Trade Rumors
Go To Hoops Rumors

Chris Tierney

More On Erik Karlsson Trade: Pick Conditions, Extension, Colorado

at CDT | by 23 Comments

Perhaps the biggest move of the off-season was completed earlier today, when Norris Trophy-winning defenseman Erik Karlsson was traded by the Ottawa Senators to the San Jose Sharks. The return: two-way NHL forward Chris Tierney, rookie forward Rudolfs Balcers, collegiate center and 2017 first-round pick Josh Norris, young depth defenseman Dylan DeMelo, and four draft picks. While the Senators don’t know for sure how the likes of Norris and Balcers will pan out, the players acquired in this deal are somewhat identifiable assets with ascertainable ceilings. The picks carry far more potential; however they also each carry conditions. The earliest possible pick chronologically would be a 2019 first-round pick. The Sharks owe the Buffalo Sabres their first round pick in the next NHL Draft as a condition for re-signing winger Evander Kane, but with the additional condition that they make the playoffs. Should they miss the playoffs – a catastrophic result for a team that now has meteoric expectations – the team could opt to send that pick to Ottawa and their 2020 first-rounder to Buffalo if they so choose. If not, and the Sharks make the playoffs as expected, the Senators will land that 2020 first-round pick.

Ottawa will still have an early pick from San Jose in June though, perhaps even earlier than expected. The condition on that pick is that it is the highest of the second-round picks owned by the Sharks: their own and the Florida Panthers’, which ironically was part of the return from the Sharks’ flip of former Ottawa forward Mike Hoffman earlier this year. Florida is expected to improve this season, but playing in the Atlantic Division with the Tampa Bay Lightning, Boston Bruins, and Toronto Maple Leafs means the Panthers face an uphill battle to make the playoffs and could easily end up with a draft slot in the first half of the second round. Whereas, the Sharks should by all accounts be a playoff team and more in the coming season.

Speaking of Hoffman, the Senators learned from that experience with Sharks GM Doug Wilson. As Sportsnet’s  Chris Johnston notes, Ottawa threw in what may as well be a “Mike Hoffman Clause”. After San Jose traded for Hoffman only to trade him hours later to one of the Senators’ division rivals, GM Pierre Dorion added a conditional future first-round pick if Karlsson is traded back to the Eastern Conference this season. The pick must be exchanged by 2022 at the latest.

Finally, the Sharks sent a 2021 second-round pick to the Senators that carries two conditions. The pick itself is conditional upon San Jose re-signing Karlsson, whose current contract expires at the end of the season. If the Sharks both appear in the Stanley Cup Final this year and extend Karlsson, that pick becomes a first-rounder. In summary, at worst the Senators will receive a second-rounder in 2019 and the Sharks’ first-rounder in 2020 and at best they receive three first-round picks between now and 2022 and potentially a first-round and early second-round pick next year.

  • One condition that is already looking good for the Senators is the one that hinges on Karlsson re-signing in San Jose. Although there has been no word from the star defenseman’s camp on his future or thoughts on a contract extension, Wilson already has the future in mind. Although the relatively underwhelming return for a player of Karlsson’s caliber reflects the risk of just one year remaining on his salary, Wilson made the deal with hopes of keeping him around for much longer. Wilson told the gathered media this afternoon that “It’s a long-term approach and we think Erik fits for now and for a long time.” While Karlsson has been clear that he wants to be the highest paid defenseman in the NHL and that would be best served on the open market, the Sharks have the salary cap composition moving forward to meet his contract demands. If the season goes according to plan and the Sharks win or come close to winning the Stanley Cup, with Karlsson playing a key role for what on paper looks like the best defense in the league, he could be tempted to skip free agency and re-sign in San Jose.
  • Although the Karlsson trade was between just two teams, there is no way to truly evaluate the reverberations of this trade without discussing the Colorado Avalanche. The Senators have changed the tone of their public relations approach following this trade, being clear that they have entered a rebuild. However, the fact remains that the Senators don’t own their first-round pick next season. That selection belongs to the Avs as part of the Matt Duchene trade. With Karlsson’s departure, the team that many pegged to be the worst in the league has now lost their best player and have an even better chance of finishing the season in 31st place. This would also give them the best odds in the NHL Draft Lottery and the best odds of drafting projected franchise center Jack Hughes. However, that fate belongs to Colorado, who now stand a very high chance of seeing an already lopsided return for Duchene reach its maximum value. The 2018-19 Senators season will now likely matter more to Avalanche fans than it does to their own. To make matters worse, publicly committing to a rebuild could mean that Duchene, an impending unrestricted free agent, doesn’t even last the season on the Ottawa roster.

Salary Cap Deep Dive: San Jose Sharks

at CDT | by 1 Comment

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.

San Jose Sharks

Current Cap Hit: $75,119,584 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Dylan Gambrell (one year, $925K)
F Timo Meier (one year, $894K)
F Maxim Letunov (one year, $833K)
F Kevin Labanc (one year, $718K)

Potential Bonuses

Meier: $850K
Gambrell: $425K
Labanc: $183K

Total: $1.46MM

The team has gotten great play from their youth in the last couple of years as several players have taken that next step and become regular contributors to the Sharks’ lineup. Meier may be one of the best as the 21-year-old broke out with a 21-goal season last year. The ninth-overall pick in the 2015 draft looks ready to continue a top-six role and perhaps become a key contributor there for many more years. Meier is also playing for a big payday, so if he can take that next step and develop into a 30-goal winger, he would be heading in the right direction.

Gambrell only managed to appear in three games for the playoff-bound Sharks after he signed out of the University of Denver. The 22-year-old center is likely to force his way into a forward role in the bottom-six after he posted three straight 40-point seasons in college. Labanc, who had struggled with consistency in previous years with San Jose, finally broke into a full-time role with San Jose and produced 11 goals and 40 points. He could be primed for an even bigger year, just in time as his entry-level deal will run out.

One Year Remaining, Non-Entry-Level

F Joe Pavelski ($6MM, UFA)
F Joe Thornton ($5MM, UFA)
F Joonas Donskoi ($1.9MM, UFA)
F Marcus Sorensen ($700K, UFA)
F Barclay Goodrow ($650K, RFA)
D Joakim Ryan ($650K, RFA)
D Tim Heed ($650K, UFA)

Much of the Sharks success in the next few years will come down to the play of Thornton and Pavelski, two players that have helped carry the team during their years of success. Both players are on their final year of their deal. Thornton signed a one-year deal and only time will tell whether he will continue that career at age 39. Despite suffering a torn MCL in January, he still posted solid numbers, scoring 13 goals and 36 points in 47 games. His days of posting 80 points are likely over, but if he can prove he can still produce, he could be back for several more one-year deals. Pavelski is another matter. The 34-year-old is starting to decline, but likely wants to ink one last long-term deal. While it makes sense that both sides will eventually come to an agreement, much is depending on the success that Pavelski has this season as well.

Donskoi shows improvement as well, posting a career-high 14 goals last season. His play improved to the point that he got some playing time on the first line as he generates shots as the team attempted 53.73 percent of five-on-five shots, while the team shot just 49 percent without him on the ice.Read more

Pacific Notes: Treliving, Pavelski, Bear, Sautner

at CDT | by Leave a Comment

The Calgary Flames seem to gamble on their success every season lately when it comes to their offseason moves. This year, attempting to address their second-half collapse, general manager Brad Treliving made several key moves to revitalize the franchise, including trading away defenseman Dougie Hamilton, Micheal  Ferland and collegeiate defenseman Adam Fox for youngsters Noah Hanifin and Elias Lindholm. The team also went out and signed a 30-year-old James Neal to a five-year, $28.75MM deal as well as signing veteran bottom-six center to three-year, $9.38MM contract. Many of those moves will turn out to be quite a gamble.

The Athletic’s Kent Wilson (subscription required) wonders whether this might be the last year for Treliving if the team doesn’t show immediate improvement and return to respectability. Several of his gambles from previous seasons have failed, most especially last year’s trade for Travis Hamonic for a slew of draft picks. While the trade made sense at the time, the deal looks worse and worse as time passes.

Treliving also has used his draft assets to add players over the last two years as he has had just one pick in the top 105 over those two seasons to acquire players like Hamonic, Curtis Lazar, Michael Stone and veteran goaltender Mike Smith, most of which have made few contributions so far to the team. Throw in the team’s lack of uncertainty in net in the future and one has to wonder whether Treliving will survive the next season if the team doesn’t make immediate improvements.

  • The San Jose Sharks have done an impressive job of combining veteran talent with an infusion of youth over the years and none more than last year when several of their young players really stepped up, including Tomas Hertl, Chris Tierney, Timo Meier, Joonas Donskoi and Kevin Labanc. Even on defense, their youth took another step. However, how long can the veterans hold out? The Athletic’s Kevin Kurz (subscription required) wonders how much Joe Pavelski has left in the tank and how much the team depends on him? Despite missing just one game in the last five season, the 34-year-old veteran’s production dropped to just 22 goals last year, his worst season since the strike-shortened 2012-13 season. One of the reasons for his decline was that he was banged up early in the season with a wrist injury, a broken finger and some lower-body injuries. Although Pavelski’s days of scoring 40 goals is likely over, the team hopes they can count on Pavelski’s experience and skills to help lead the team on the top-six as there is no doubt the veteran will get the lion’s share of minutes on the team again this year.
  • The Athletic’s Allan Mitchell (subscription required) looks at the play of Edmonton Oilers defenseman Ethan Bear, who has been one of Edmonton’s top propsects. The 21-year-old played most of the season with the Bakersfield Condors of the AHL, but finally broke into the NHL in March, playing in 18 total games. However, Mitchell writes that while Bear showed some offensive prowess, he struggled in coverage and gap control and likely needs more time in the AHL to be successful. With the injury to Andrej Sekera, Bear could get another chance to make the Oilers out of training camp.
  • With few changes in their defensive personnel, the Vancouver Canucks have to look at as many internal defensive options if they want to get better. One option is Ashton Sautner, according to Ben Kuzma of the Vancouver Sun. The 24-year-old agitator finally got recalled last season by Vancouver in hopes of providing the team with an energy presence. He played five games on an emergency recall and had an impressive showing. Unfortunately, Kuzma doesn’t think he has much of a chance to make the team out of training camp this season as the team has nine defenseman under contract, including 2016 first-round pick Olli Juolevi, giving him little to no chance in making the NHL squad.

Full 2018 Arbitration Hearing Schedule

at CDT | by 2 Comments

Almost four dozen players decided to file for salary arbitration this summer, and while some of them have already been signed to contracts many others now know when their hearing will take place. The NHLPA released the full schedule of hearings, spread out from July 20th to August 4th.  Remember that players can sign up until an arbitrator awards a contract, including in the short window after the hearing.

July 20

Jacob Trouba – Team filing: $4.0MM, Player filing: $7.0MM. Awarded one-year, $5.5MM contract.

July 23

Brett Kulak – Team filing: $650K, two-way contract, Player filing: $1.15MM, one-way contract. Awarded one-year, $850K contract.

July 24

Brandon Montour – Team filing: $1.5MM, Player filing: $4.5MM Settled before hearing, two years $6.775MM

July 30

Garnet Hathaway – Team filing: $650K, Player filing: $975K Settled before hearing, one-year $850K

August 1

Cody Ceci – Team filing: $3.35MM, Player filing $6.0MM. Awarded one-year, $4.3MM contract.
Gemel Smith – Team filing: two-way contract, Player filing: $900K. Awarded one-year one-way, $720K contract.

August 3

Mark Stone – Team filing: $5.0MM, Player filing $9.0MM Settled before hearing, one-year, $7.35MM

August 4

William Karlsson – Team filing: $3.5MM, Player filing $6.5MM

Chris Tierney Re-Signs With San Jose Sharks

at CDT | by Leave a Comment

The San Jose Sharks were just 48 hours away from going to an arbitration hearing with Chris Tierney, but have found some common ground and a new contract. According to Elliotte Friedman of Sportsnet, the two sides have settled on a two-year contract that carries an average annual value of $2,937,500.

Tierney, 24, is coming off his best season as a professional after scoring 17 goals and 40 points with the Sharks last season. Originally selected in the second round six years ago, he’s developed into an effective all-situations center for San Jose and saw his ice time increase to 16 minutes a night this season. With Joe Thornton coming back on a one-year deal, Tierney will likely be asked once again to center the third line for the Sharks and continue to give them excellent penalty killing and secondary scoring.

Interestingly, the two-year contract will leave Tierney as a restricted free agent at its conclusion in the summer of 2020. That leaves the Sharks with some time to decide whether he’s a long-term fit for the club, and gives him a chance to prove that he’s more than just a bottom-six player. If Tierney continues to trend upwards offensively, his next contract could be quite lucrative as it would be buying out almost exclusively unrestricted free agent years. Even if he sits at around 40 points for the next two seasons, that will be enough to land him an impressive contract given his position and relative youth.

For now, his sub-$3MM deal will fit nicely in for a team that missed out on some of the summer’s big names. After failing to convince John Tavares to come to the west coast, the team brought back Thornton on a $5MM deal and signed Logan Couture to a long-term extension. With Tierney—their final restricted free agent—now signed, the team still has almost $4.4MM in cap space to make an addition through trade if they choose. Whether that comes this summer or during the season isn’t clear, but the team has set themselves up to be players in almost any trade talks that may arise.

Remaining 2018 Arbitration Dates

at CDT | by 3 Comments

As usual, arbitration hearings scheduled for later this month have been getting cancelled every day as teams lock up their restricted free agents. Hearings are scheduled each year between July 20th and August 4th, but we’ve already seen 18 players that filed for player-elected salary arbitration reach a settlement with their respective teams. Those players are listed below, with their contract details:

Elias Lindholm (CGY) – 6 years, $4.85MM AAV
Trevor van Riemsdyk (CAR) – 2 years, $2.3MM AAV
Matthew Nieto (COL) – 2 years, $1.98MM AAV
Devin Shore (DAL) – 2 years, $2.3MM AAV
Joel Armia (MTL) – 1 year, $1.85MM AAV
Phillip Danault (MTL) – 3 years, $3.08MM AAV
Blake Coleman (NJD) – 3 years, $1.8MM AAV
Stefan Noesen (NJD) – 1 year, $1.73MM AAV
Jimmy Vesey (NYR) – 2 years, $2.28MM AAV
Taylor Leier (PHI) – 1 year, $720K AAV
Alex Lyon (PHI) – 2 years, $750K AAV
Jamie Oleksiak (PIT) – 3 years, $2.14MM AAV
Dmitrij Jaskin (STL) – 1 year, $1.1MM AAV
Oskar Sundqvist (STL) – 1 year, $700K AAV
Colin Miller (VGK) – 4 years, $3.88MM AAV
Liam O’Brien (WSH) – 1 year, $650K AAV
Connor Hellebuyck (WPG) – 6 years, $6.17MM AAV
Tomas Nosek (VGK) – 1 year, $962.5K AAV

The remaining arbitration schedule looks like this:

July 20

Chris Tierney (SJS)
Jacob Trouba (WPG)

July 22

Adam Lowry (WPG)

July 23

Brett Kulak (CGY)
Mathew Dumba (MIN)

July 24

Brandon Montour (ANA)

July 25

Joel Edmundson (STL)
Brandon Tanev (WPG)

July 27

Mark Jankowski (CGY)

July 28

David Rittich (CGY)
Jason Zucker (MIN)

July 29

Troy Stecher (VAN)

July 30

Garnet Hathaway (CGY)
MacKenzie Weegar (FLA)
Marko Dano (WPG)

July 31

Brady Skjei (NYR)

August 1

Cody Ceci (OTT)
Gemel Smith (DAL)

August 2

Miikka Salomaki (NSH)
Kevin Hayes (NYR)

August 3

Mattias Janmark (DAL)
Mark Stone (OTT)
Brock Nelson (NYI)

August 4

Ryan Spooner (NYR)
Patrik Nemeth (DAL)
William Karlsson (VGK)

San Jose Sharks Sign Dylan DeMelo To Two-Year Deal

at CDT | by 1 Comment

5:25: The Athletic’s Kevin Kurz reports it’s actually a two-year deal. The Associated Press’ Stephen Whyno adds that it’s two years for $1.8MM with a $900K AAV.

4:48: The San Jose Sharks have signed defenseman Dylan DeMelo to a one-year, $900K deal to stay with the Sharks after the team did not offer him a qualifying offer two weeks ago, according to TVA’s Renaud Lavoie. It is a one-way deal.

“Dylan proved last season that he’s ready to be a full time NHL player and really blossomed towards the end of the year and into the playoffs,” said San Jose general manager Doug Wilson. “His skating ability and strong play in both ends make him a valuable part of our blue line. He’s extremely popular with his teammates and we’re excited to have him back with our team.”

The Sharks surprised a few when they opted not to offer a qualifying offer to the 25-year-old blueliner, making him an unrestricted free agent. He showed promise this past year when he played in a career-high 63 games and more than doubled his points total on the season when he tallied 20 assists. He was a regular in the team’s 10 playoff games as well. Regardless, his playing time actually dropped as he averaged just 14:12 of ATOI this season playing on the team’s third defensive pairing. He will likely battle Tim Heed for the final defensive spot in the rotation. However, The Athletic’s Kevin Kurz suggests this could be the end for Heed as the team may opt to trade him as he will be an unrestricted free agent in the 2019-20 season.

When San Jose chose not to offer DeMelo a qualifying offer, it was believed the team didn’t want to pay him the $735K that the offer was worth. By not qualifying him and making him an unrestricted free agent, the Sharks could sign him for less, but instead offered him more in the end. With the new contract in place, San Jose has less than $8MM in salary cap space to make more deals. The team still has one remaining restricted free agent in forward Chris Tierney.

San Jose Sharks Could Look Very Similar Next Season

at CDT | by 3 Comments

Many have felt for some time now that the San Jose Sharks could be a team to watch in the upcoming off-season. It’s not often that a team can have the depth and talent of a contender with almost all of their key players locked up and also have an immense amount of cap space, but that is the exact situation that the Sharks are facing this summer. Joe Pavelski, Logan Couture, Brent Burns, and Marc-Edouard Vlasic are all elite players under contract, while reliable pieces like Mikkel Boedker, Justin Braun, and Brenden Dillon have term remaining as well. Yet, the Sharks will still enter the off-season with nearly $15MM in cap space and few holes to fill. For that reason, some have speculated that John Tavares or John Carlson could be headed for San Jose or that the team could load up on other second-tier top free agents.

However, the Sharks are actually somewhat limited in what they can do this summer. A side effect of having so many players locked up is that San Jose actually has little flexibility in terms of straightforward roster management on the free agent market. The Sharks have just nine free agents total, unrestricted and restricted, far and away the fewest in the league as most teams generally have about twenty. Entering the off-season, they will already have 38 of their 50 maximum contracts already in place for next season. Assuming that key restricted free agents like Tomas Hertl, Chris Tierney, and Dylan DeMelo return, that number is already up to 41. It is almost fortunate that top prospects Josh Norris, Scott Reedy, and Mario Ferraro all chose to return to their college teams or that number would be even higher.

Regardless, the Sharks will be left with less than ten slots to add new players unless they start to trade away or buyout existing contracts. If long-time leader and fan favorite Joe Thornton re-signs, there is one less. If deadline addition Evander Kane, who has fit in very well in San Jose, decides to stay put, there’s another one. If the Sharks land a player worth immediate ice time at #21 in the first round of the NHL Draft, that’s yet another spot filled up. No team wants to enter the season with so few contract slots that their hands are tied when the opportunity to make a trade to improve the roster comes around. San Jose also doesn’t want to sign too many multi-year deals with players like Couture, Pavelski, Timo Meier, and Joakim Ryan in need of extensions next season as well.

As such, the Sharks actually seem likely to make only one or two free agent additions this summer – as they did last summer – unless major trades open up some more space in the organization. Could one of those additions be a Tavares or a Carlson? Sure, but if those players choose to go elsewhere, San Jose instead seems far likely to stick with what they have and go into next season with flexibility. Don’t expect the drastically different Sharks roster that some have predicted – it may only lead to a letdown of expectations this summer.

Snapshots: Streit, Sharks, Three Stars

at CDT | by Leave a Comment

Mark Streit has decided to call it quits after he couldn’t make it in the NHL this season. The 39-year old defenseman has retired from professional hockey according to the Swiss Ice Hockey Federation. Streit was signed by the Montreal Canadiens this summer, but was eventually waived and came to a mutual termination of the deal.

It’s interesting that Streit’s news was announced by the national program, as many assumed he would suit up for the Swiss Olympic team in the upcoming Pyeongchang Games.  If it is the last we see of Streit, it’s the end of a fantastic career that includes 786 games, a Stanley Cup and the honor of being the first Swiss-born captain in the NHL.

Pittsburgh’s Alternative Third-Line Center Options

at CDT | by 5 Comments

While many teams across the NHL still have holes to fill before the puck drops on the 2017-18 season, no vacancy has received more attention than the third-line center slot for the two-time defending champion Pittsburgh Penguins. In fact, we’ve already written about it once before. However, the scenario has changed over the last few weeks, as the new contracts for RFAs Brian Dumoulin and Conor Sheary have left the Pens with just over $3MM in salary cap space. Jason Mackey of the Pittsburgh Post Gazette recently spoke with GM Jim Rutherford, who essentially stated that he does not plan to move out significant salary in a deal to acquire a new bottom-six center. What that means is that the Penguins are left with a much smaller margin to work with to acquire Nick Bonino’s replacement.

So who will it be? Who it won’t be is easier to say. The pipe dreams of Colorado’s Matt Duchene or Carolina’s Jordan Staal are now all but over, as are more reasonable targets like Toronto’s Tyler Bozak or Dallas’ Radek Faksa now seem out of reach as well. The Vegas Golden Knights have not shown any indication that they are interested in moving forwards, so strike their group of suitable centers off the list as well. With each passing day, it seems a Matt Cullen return grows less and less likely as well.

What the Penguins are left with are a group of guys who fit their needs well: young, two-way centers on affordable contracts. The most common name bandied about is Detroit Red Wings forward Riley Sheahan. Sheahan struggled mightily in 2016-17 and is relatively expensive compared to some other available names at $2.075MM this season. However, Detroit desperately needs to shed salary and may have reached the end of the line with Sheahan. It could be a good match, with Sheahan very likely bouncing back on a far more talented Penguins team. Pittsburgh’s top target may be Arizona’s Jordan Martinook, who just resigned with the team, but is part of a Coyotes forward corps that is crowded with young talent. Martinook is an underrated two-way player and would fit in nicely with the Pens, but Arizona may not be keen to move him in a deal that Rutherford stated would not included salary players. The Coyotes have had their fill of picks and prospects and might be on the lookout for only veteran contributors at this point. The Penguins could turn to the Los Angeles Kings, who have great depth at center including Nick Shore and Nic Dowd. Both would fit the need nicely in Pittsburgh and come in at under $1MM. The 25-year-old Shore would be especially nice, as the team can retain RFA rights over him beyond 2017-18, but Dowd may be easier to acquire from a Kings squad that is not any closer to returning to the playoffs. One final option, staying out west, could be San Jose Sharks center Chris Tierney. It is rumored that the two sides are on rocky grounds, with Tierney signing just a one-year extension this summer, and could be looking for a trade. Tierney has proven to be a solid defensive force in the San Jose bottom six and could play the same role in Pittsburgh. The Sharks have done nothing this off-season and could see replacing Tierney with a Penguins forward prospect as at least some kind of roster shakeup.

Obviously, the available names are not of the sexy variety. The Penguins have been spoiled with center depth through their Stanley Cup years and fans are surely hoping they can find another Staal or Bonino. However, with little cap space to play with and a reluctance to change the current roster any further, this is what Rutherford is left with. Any of these guys could be a valuable piece on another strong Penguins team, as each plays a solid two-way game, but none are gonna be the big-name acquisition that many expected. Pittsburgh will be back in the Cup race again next year even if they do nothing at all and stick someone from Wilkes-Barre/Scranton at third-line center, so maybe the better question is not who will play there, but why does everyone care so much?

Pro Hockey Rumors is not affiliated with National Hockey League, NHL or NHL.com

scroll to top