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Trade Deadline Primer: Buffalo Sabres

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Although we’re not even two months into the season, the trade deadline is just over a month away.  Where does each team stand and what moves should they be looking to make?  We continue our look around the league with the Buffalo Sabres.

No team has received more media scrutiny this season than the Buffalo Sabres. The team is floundering yet again despite adding the top free agent forward in Taylor Hall and acquiring veteran center Eric Staal. Not only have Hall and Staal disappointed, but very few members of the team have exceeded or even met expectations this season. With failing veterans, stalled youngsters, and a number of expiring contracts, the Sabres are stuck and appear primed for a fire sale and resumed focus on rebuilding.

According to a number of sources, almost anyone on the Sabres could be made available. Sportsnet’s Elliotte Friedman reports that Buffalo is “wide open” for business and The Athletic included four Sabres on their Trade Deadline Big Board. It all sounds very exciting to the other 30 teams and their fans, doesn’t it? Well, don’t get your hopes too high for major moves by Buffalo. Given the constraints of an NHL trade market impacted by a flat salary cap as well as real-life financial struggles, not to mention the restrictions on Canadian teams due to COVID-19 border policies, making trades this year is no easy feat. Trading a player like Jack Eichel in-season seems nearly impossible, even if the Sabres wanted to move him which is unlikely. Add in that rookie GM Kevyn Adams is new to the job and trying to build connections in a quiet market while trying to avoid being taken advantage of, and the Sabres suddenly look like a team that might end up playing it safe. Does Adams really want to move the likes of Sam Reinhart and Victor Olofsson, both of whom are among the productive minority in Buffalo, when the odds of winning such a move seem slim? Does he want to potentially overreact to the frustrations of Jeff Skinner and give away major assets to move his contract? Adams has a number of contracts expiring after this year and next that he can move without much risk of it coming back to bite him. Expect that “wide open” means he’s willing to move any amount of those players, but won’t be too keen to touch anyone else who the team may still be able to build around.

Record

6-14-3, .326, 8th in East Division

Deadline Status

Seller

Deadline Cap Space

$410,962 in full-season cap space, 0/3 retention slots used, 44/50 contracts used per CapFriendly.

Upcoming Draft Picks

2021: BUF 1st, BUF 2nd, BUF 4th, BUF 6th, BUF 7th
2022: BUF 1st, BUF 2nd, BUF 3rd, BUF 4th, BUF 6th, BUF 7th

Trade Chips

Hall of course stands out as the top trade chip for the Sabres if you assume that the likes of Eichel, Reinhart, Olofsson, and Rasmus Dahlin are not going anywhere (a safe assumption despite the whispers). The former Hart Trophy winner may not be enjoying a strong season, but he is a known commodity who can play a top-six role for any team in the league. Hall has expressed some interest in re-signing with Buffalo, but without any evidence that he is a fit and with a ways to go in their rebuild, retaining the 29-year-old Hall on a heavy price tag makes little sense. The trouble with trading him though is a potential lack of suitors who can actually afford his $8MM cap hit. A lack of demand could impact what Buffalo is able to receive in a deal, but they should still end up with a nice package. Anything is better than letting him walk for free this summer.

Staal too could see his time in Buffalo come to a quick end. The veteran center is well-respected across the league and brings solid two-way play and postseason experience. While he has lost a step, that won’t stop contenders from seeing him as a worthwhile depth addition.

On defense, Brandon Montour is absolutely on the block. The puck-moving defenseman is headed for free agency and the Sabres have made it known that they are open to renting him out. Montour has not produced as they had hoped and is no longer in their long-term plans, so Buffalo has no reason not to trade the 26-year-old defenseman. Given his offensive upside, his ability to play either side of the blue line, and his palatable $3.85MM cap hit, Montour should be easy to move. Sadly, Jake McCabe also would have been easy to move and would have returned a prime package as arguably the best left-handed defenseman on a trade deadline seller. However, his season is over due to injury and the Sabres will lose out on his trade value.

Even with Montour and McCabe out of the way this off-season, the Sabres still face a potential expansion conundrum on defense. Should Buffalo choose to protect seven forwards and three defensemen, Dahlin is a lock but it leaves only two spots to split between top-four blue liners Rasmus Ristolainen and Colin Miller and young Henri Jokiharju. The Sabres could choose to move one of the three rather than lose them for nothing to the Seattle Kraken. Ristolainen had long been a fixture on the rumor mill, but those talks have cooled significantly since last season. Do the Sabres finally move the talented defenseman, especially as his stock has risen this season? Ristolainen only has one season remaining on his contract and could be tempted to pursue a more talented team in free agency after playing exclusively for Buffalo thus far in his pro career. Miller also has just one year remaining on his deal and comes with a lesser price tag than Ristolainen, albeit with a less complete game as well. Jokijarju, 21, is not necessarily safe either; the young rearguard has not met expectations thus far in his time with the Sabres but he does have impressive upside.

In net, Buffalo will see both members of their NHL tandem hit the open market this summer barring an extension. The Sabres may be well-served to extend 27-year-old Linus Ullmark, but if the feeling isn’t mutual then they should move the net minder while he can still return value. If Ullmark is healthy, he could be a major trade chip for the Sabres. Veteran Carter Hutton is less likely to move given his struggles and his $2.75MM cap hit, but Buffalo will certainly make him available.

Others to Watch For: F Curtis Lazar ($800K, one year remaining), F Tobias Rieder ($700K, UFA), F Riley Sheahan ($700K, UFA), D Matt Irwin ($700K, UFA)

Team Needs

1) Draft Picks – Sabres fans rightfully want their team to be better and they want them to be better sooner rather than later. However, that isn’t easy to do. A rookie GM with few impact players and little cap space doesn’t have the means to immediately upgrade his roster. This team is headed toward a long, arduous rebuild. What makes accepting that reality even more difficult is that the Sabres do not even have their full complement of draft picks to build upon. Missing a third and a fifth this year and a fifth next year, Buffalo is in the unfortunate position of needing to add talent to their pipeline and don’t even have the complete means to do so. The goal for Adams and company at the deadline should be not only to recoup their missing picks but to add other high-value picks as well.

2) Prospects – If the Sabres are unable to add valuable future prospects in the form of high draft picks, they need to target current top prospects instead. The Athletic’s Scott Wheeler recently ranked Buffalo’s pipeline as 15th-best in the NHL, an unacceptable position for a team that is supposed to be rebuilding. The Sabres need to move from middle-of-the-pack toward the top of the NHL’s prospect rankings if they want to speed up their rebuild. A projected top-four defenseman and center depth should be the specific targets of their aim to add youth.

Vegas Golden Knights Shopping Max Pacioretty

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Perhaps spurred by the recent progress in getting the 2020-21 season up and running, the Vegas Golden Knights are back at it, working the phones in an effort to make a move to get salary cap compliant. Vegas is one of a number of teams currently over the salary cap upper limit and must shed some salary before play begins. However, the player that GM Kelly McCrimmon is allegedly pushing to other teams may come as a surprise. TSN’s Frank Seravalli reports that veteran forward Max Pacioretty has been the subject of trade talks this off-season, with those discussions picking up steam in recent days.

Pacioretty, 32, may be one of the older players on the Vegas roster but is still an elite scorer. The long-time Montreal Canadien was in fact the Knights’ leading scorer this past season, recording 66 points in 71 games for a career-high scoring clip. He added another eight points in the playoffs. In the two seasons since coming over from the Habs, Pacioretty has shown no signs of slowing down. His loss would be felt in a major way in Vegas, both on the ice and in the locker room.

However, Pacioretty’s $7MM, while commensurate to his production, is a massive weight on the Golden Knight’s salary cap. If the team were to move Pacioretty without retaining any salary, they would not only be under the cap ceiling but would have the flexibility to make an addition if they so desire. Seravalli mentions top available free agent Mike Hoffman or a reunion with Erik Haula as possibilities. One would also think that Pacioretty would still bring in a considerable return as well; he cost Vegas Nick Suzuki, Tomas Tatar, and a second-round pick just two years ago. However, in a definitive buyer’s market, McCrimmon would have to be careful not to give away Pacioretty for too little just for the sake of cap savings. The team was already lambasted for trading top defenseman Nate Schmidt for pennies on the dollar in order to facilitate the signing of Alex Pietrangelo. 

One other concern for the Knights’ brass is the locker room culture. There have already been reports of many players being unhappy with the frequent trades that the team has made and the perceived lack of loyalty toward the roster. The team has dealt Schmidt, Haula, Colin Miller, Cody Eakin, Malcolm Subban, Brandon Pirri, and Paul Stastny all in the past 18 months, leaving the young franchise with very little roster consistency. There are certainly some in the room who have to be unhappy to even hear the whispers of a potential Pacioretty move. Others in the media have noted that he is not the only name on the block either, with fan favorite Marc-Andre Fleury likely being floated again as well. Vegas must tread carefully when it comes to making any further moves and a Pacioretty trade in particular can only be made with a considerable return and a plan to replace him with the cap savings.

Atlantic Notes: Sabres, Stuetzle, Dermott

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With quite a few changes having been made to the Buffalo Sabres roster this offseason, including the additions of Taylor Hall and Eric Staal into their top six, Buffalo News’ Lance Lysowski writes that the team is done upgrading their roster, but a possibility of a trade still exists as the team is overloaded on defense.

The scribe writes that the Sabres could look to find a taker for either Colin Miller or Brandon Montour for a draft pick, which would open up a spot for 23-year-old William Borgen, a highly touted St. Cloud State player who has played just four NHL games so far after two years in the AHL.

  • Ottawa Senators newly-drafted forward Tim Stuetzle might have trouble joining the Senators for the upcoming 2020-21 due to his contract with Alder Manheim in Germany. The European rule is that a player with a valid cannot sign an NHL contract after Aug. 15. While that rule doesn’t make as much sense considering the draft was on Oct. 6, the rule still applies, according to deputy commissioner Bill Daly. The Athletic’s Hailey Salvian (subscription required) writes that Mannheim’s general manager Jan-Axel Alavaara said the only way Stuetzle could play for the Senators this season is if Mannheim releases him from his contract, which would then freely allow the 18-year-old to join Ottawa when the 2020-21 season begins. That would also require the German Federation to sign off on it. Salvian notes that no decision has been made on whether Mannheim would allow Stuetzle out of his contract, but the third-overall pick is still recovering from a fractured hand that he suffered on Oct. 13 and was given a six to eight-week recovery time. Of course, neither the DEL or the NHL have started their seasons with the DEL season having been postponed twice already with a current timetable of a December return. Regardless, expect general manager Pierre Dorion to continue to negotiate with Mannheim.
  • After being forced to accept a one-year pact with the Toronto Maple Leafs, defenseman Travis Dermott will have to bet on himself to benefit from a better deal next season. The blueliner will have to fight for a spot on the Maple Leafs’ blueline, according to Jonas Siegel (subscription required), who adds that Dermott will be fighting for playing time with Justin Holl, Zach Bogosian, Mikko Lehtonen and Rasmus Sandin for the final three spots on Toronto’s defense and easily could be forced to play on his off-hand in order to earn minutes.

Sabres And Hurricanes Have Multiple Defensemen Available

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Teams that are looking to add defensive depth should be focusing on a pair of Eastern Conference squads.  TSN’s Bob McKenzie reports in the latest edition of Insider Trading (video link) that on top of veterans Zach Bogosian and Marco Scandella who were known to be available, the Sabres are also willing to part with Colin Miller.  Meanwhile, the Hurricanes aren’t just open to moving Trevor van Riemsdyk as recent acquisitions Jake Gardiner and Joel Edmundson are also believed to be trade options for them.

Bogosian ($5.143MM) and Scandella ($4MM) are on expiring contracts and have had limited roles when healthy over the last couple of years.  In Bogosian’s case, he recently asked to be dealt following the first of his healthy scratches earlier this month.  But Miller has another two years left after this one at a reasonable $3.875MM AAV.  While he hasn’t performed to expectations with Buffalo, the 27-year-old put up 70 points in his two seasons with Vegas and averaged over 19 minutes a night in both years.  That was enough for the Sabres to part with second and fifth-round picks for Miller back in June although they may not be able to recoup that now considering he has spent time as a healthy scratch recently.

As for Carolina, Gardiner just signed with them back in September, inking a slightly-backloaded four-year, $16.2MM deal to match his $4.05MM AAV from his previous contract.  He has struggled considerably with his new team though, recording just eight points along with an ugly -17 plus/minus rating; only four blueliners in the league have a lower rating.  With those struggles, his contract, and a seven-team no-trade clause, the market for him may be somewhat limited.

Edmundson ($3.1MM) and van Riemsdyk ($2.3MM) are both pending unrestricted free agents.  Edmundson was part of the Justin Faulk trade at the beginning of the season and has been a steady presence on their third pairing.  However, the team would like to give Haydn Fleury some more playing time so clearing out one of their left-shot defenders would help create that opportunity.  As for van Riemsdyk, he has been available for a while now but his value has taken a bit of a dip as he’s averaging less than 14 minutes a night, well below his career average which is up over the 17-minute mark.

McKenzie notes that both teams are looking for scoring help but at this stage, they may have to settle for future assets in return and then try to turn those around into the forward that they covet.  While we’re only hours away from the Holiday Roster Freeze coming into effect, these players will be ones to keep an eye on heading into 2020.

Atlantic Notes: Tkachuk, Bergeron, Miller, Larkin

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The Department of Player Safety announced late Saturday that it has fined Ottawa Senators forward Brady Tkachuk $2,486.56, the maximum allowable fine under the CBA, for his cross check on Philadelphia Flyers forward Scott Laughton.

The two players had some words earlier in the game after Laughton scored the go-ahead goal, but with 30 seconds remaining in the game, Tkachuk cross-checked Laughton away from the play, knocking the forward to the ice. Tkachuk followed that up by jumping on top of him and starting a skirmish that stopped play. Tkachuk was given minor penalties for roughing and cross-checking.

  • The Boston Herald’s Marisa Ingemi reports that Boston Bruins forward Patrice Bergeron, who was placed on injured reserve on Saturday with a lower-body injury, is expected to travel with the team on their four-game road trip next week, although there is no word on whether he will play. Bergeron has missed seven straight games now, but the 34-year-old did practice Friday with the team in a red non-contact jersey.
  • With the return of veteran Kyle Okposo, Buffalo Sabres head coach Ralph Krueger sent defenseman Colin Miller to the press box for the seventh time in 14 games, according to The Athletic’s John Vogl (subscription required). The Sabres, who were praised during the offseason for acquiring the 27-year-old from Vegas for future second and fifth-round picks, have struggled finding a role for the blueliner, who still has a $3.875MM contract that runs through 2021-22. Miller, who put up 29 points in 65 games for Vegas last year, has just four assists and only got into the previous four games due to the number of injuries at the forward position. “We thought he’s been really strong the last few days, which is one of the reasons we ended up going with seven D over the last period of time,” Krueger said. “It’s just the way we see the pairs. Right through the lineup, we’re looking for a little familiarity right now in the group.”
  • Despite the Detroit Red Wings troubles in the standings, MLive’s Ansar Khan writes the team remains thrilled that forward Dylan Larkin seems to be emerging from his slump. After being held seven games without a point, Larkin posted a goal and an assist Saturday for the second straight game, giving him four points in two games. The team is thrilled with his drive despite the team’s struggles. “His drive’s great,” coach Jeff Blashill said. “I think he’s done a good job of staying with it when we’ve gotten down. I think he’s been one of the guys to be a catalyst to not let us sink … His determination is probably one of his best attributes. He showed it there at the end.”

 

Hurricanes, Sabres Shopping Defensemen

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The Carolina Hurricanes were seeking a top-nine forward when they traded away long-time defenseman Justin Faulk this summer. However, the best return they could find was a prospect forward, Dominik Bokk, and another established defenseman in Joel Edmundson from the St. Louis Blues. Now, the Hurricanes are more or less back in the same situation, trying to deal from their blue line depth for help up front. Even after moving Faulk and Calvin de Haan in the off-season, the additions of Edmundson, Jake Gardiner, and Gustav Forsling has created yet another logjam on defense. TSN’s Pierre LeBrun reports that Carolina is calling around to other teams and shopping veteran Trevor van Riemsdyk, as well as 23-year-old Haydn Fleury, who is no longer waiver-exempt, in hopes of landing a scoring forward in return.

However, they aren’t alone. LeBrun’s colleague Darren Dreger reports that the Buffalo Sabres are also making calls to dangle defenders in anticipation of their team getting healthy. Dreger states that Zach Bogosian and Marco Scandella will make their returns “right around the corner”, but first Buffalo will need to clear space. The red-hot Sabres likely want to avoid a major shake-up, such as moving the now-content Rasmus Ristolainen, but also likely aren’t keen to move recent additions like Brandon Montour and Colin Miller. The team can demote Lawrence Pilut and even Henri Jokiharju, but will still need to make room on the blue line. Dreger states that Buffalo is hoping to land both a top-six and bottom-six forward, so trading away a John Gilmour won’t get the job done. Bogosian, Scandella, and Jake McCabe seem like the most likely to be dealt at this point.

So who could take advantage of a market flush with capable defenders? Top contenders like the Toronto Maple Leafs, Tampa Bay Lightning, and San Jose Sharks are all struggling defensively this season and have the depth of forwards to swing a deal. The Minnesota Wild are known to be open to moving several forward and could pursue a defenseman that they see as a long-term fit. The same could be said for other struggling teams, especially those with intriguing impending free agents, such as the Los Angeles Kings (Tyler Toffoli) and New York Rangers (Chris Kreider). The Hurricanes’ and Sabres’ competition to make a deal may even lower the acquisition costs for any interested teams. The trade market appears to be heating up early this season and the odds of a deal – or several – before the holiday trade freeze are high.

Snapshots: Sabres, Gardiner, Tkachyov

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Few have criticized the Sabres’ side of the recent Henri Jokiharju–Alexander Nylander trade, but it’s a fact that Buffalo is overflowing with defenders after acquiring the young right-hander from the Chicago Blackhawks. As Lance Lysowski of The Buffalo News’ points out, the Sabres still have needs to fill up front and they could use their defensive depth to do so. Lysowski writes that Buffalo has ample cap space to make an addition at forward, but there are few ideal candidates left on the free agent market and the team may as well use their surplus of blue liners to swing a deal. Jokiharju is safe, as are fellow recent additions Brandon Montour and Colin Miller and 2017 No. 1 pick Rasmus Dahlin. RFA Jake McCabe is not likely to be dealt, but a potential candidate and injury-prone Zach Bogosian and overpaid veteran Matt Hunwick might be hard to move. That would seemingly leave Rasmus Ristolainen, a fixture on the rumor mill, Marco Scandella, and Casey Nelson as the most likely names to be dealt and it would not be a surprise if more than one ends up elsewhere. The Sabres are certainly not done making moves this summer.

  • Of course, this makes Buffalo just one of a surprising number of teams not biting on Jake Gardiner this summer. PHR’s top-ranked UFA defenseman, Gardiner remains unsigned more than a week after the market opened. NBC Sports’ Scott Billeck reports that Gardiner is seeking $7MM annually in his next year, which is likely pricing himself out of the range that many D-needy teams are looking for. It’s hard to argue that Gardiner was not the best available defenseman when free agency opened, but he’s also not a top-pair defenseman by most metrics and teams aren’t willing to shell out right now simply due to a weak market. Billeck names the Winnipeg Jets as a team that could use Gardiner, but can’t afford him at his current asking price. The Montreal Canadiens, Detroit Red Wings, and his own Toronto Maple Leafs also fit that description. Billeck feels the New Jersey Devils could be the leading candidate to land Gardiner right now, but there really aren’t many clear fits for the defender at this time unless he changes his expectations.
  • Despite flirting with a jump to the NHL for several years, Vladimir Tkachyov has decided to re-sign in the KHL once again. SKA St. Petersburg has announced an extension with the young scorer. Tkachyov, 23, has been a solid offensive contributor for the past several years but the best may still be yet to come. The winger was acquired by SKA last month from Salavat Yulaev Ufa for the rights to Nikita Soshnikov, who has since signed in Ufa, and Tkachyov could be set for some career-highs with the perennial contenders in St. Petersburg. It is a two-year contract with SKA, so Tkachyov has a couple more years to further prove he is a formidable forward, and could very well drawn NHL attention once again in 2021.

Free Agent Focus: Buffalo Sabres

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Free agency is now just a few days away and there are quite a few prominent players set to hit the open market while many teams have key restricted free agents to re-sign. The Buffalo Sabres, now that they have inked Jeff Skinner to an eight-year, $72MM deal earlier this month, don’t have as much to worry about as the team has neither many important restricted or unrestricted free agents they need to worry about.

Key Restricted Free Agent: G Linus Ullmark – The Sabres may not have gotten the season they were hoping for from free agent goaltender Carter Hutton, but they also had high hopes for Ullmark to take the next step and establish himself as a solid backup to the veteran. However, whether that will be the case is another question. While Ullmark looked early on in the season like the answer as the team’s backup, his play started to slip as the year wore on and he struggled especially late in the season, eventually finishing with a 3.11 GAA and a .905 save percentage. However, with no other young goalie particularly close to being ready to challenge him, it’s likely the Sabres will give Ullmark another year to develop his body for the long-haul for the season.

F Zemgus Girgensons – While hardly an impact player, the Sabres have been using the 25-year-old as a bottom-line depth option for six years already as he provides the team with some size and grit that the team needs at the bottom of their line-up. While he hasn’t broken the 10-goal mark since the 2014-15 season (he scored five last year), he did finish with 144 hits last season, his highest numbers since his rookie season. The question is whether the team sees him as a long-term option as he is one year away from becoming a unrestricted free-agent.

F Evan Rodrigues – The team has like what it has seen from Rodrigues, who signed with Buffalo after four years at Boston University and has since worked his way through the AHL and finally saw a full season in Buffalo this year. While his numbers were quite pedestrian as he finished the year with nine goals and 29 points, he has seen increased playing time and the team hopes he can still provide some middle-six depth for the team, although he should receive a slight raise from the $650K that he made last season.

Other RFAs: F Remi Elie, F Johan Larsson, D Jake McCabe, F C.J. Smith

Key Unrestricted Free Agents: F Jason Pominville – He has played 11 seasons for Buffalo over the course of his career and despite hitting 36 years of age, the team may consider bringing back the veteran as an inexpensive depth option. After all, he posted 16 goals last season, while playing a career-low 12:28 last season. While he certainly wasn’t worth the $5.6MM he was making last season, he would be worth a low-cost deal, who could provide the team’s youth with a veteran presence.

Other UFAs: F Eric Cornel, F Kyle Criscuolo, D Jack Dougherty, F Taylor Leier, F Sean Malone, D Brycen Martin, F Matt Moulson, F Daniel O’Regan; D Matt Tennyson, G Scott Wedgewood, G Adam Wilcox

Projected Cap Space: The Sabres currently sit a little more than $15MM under the cap ceiling, according to CapFriendly, and should have some cap room to try to find some offense to help out their struggling second line. With the recent addition of defenseman Colin Miller from Vegas, the team should be in good shape with their defense, but the team’s biggest problem was putting the puck in the net, which the team hopes that it can improve on with the right roster moves.

Photo courtesy of USA Today Sports Images

Buffalo Sabres Acquire Colin Miller

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The Buffalo Sabres have acquired defenseman Colin Miller from the Vegas Golden Knights in exchange for a 2021 second-round pick (originally from St. Louis) and a 2022 fifth-round pick. Miller has three years remaining on his contract with a $3.875MM cap hit.

As the Golden Knights continue to try and get under the salary cap the 27-year old defenseman was the next likely candidate to be moved out after they traded Erik Haula earlier this week. That’s not necessarily because of his play though, as Miller has played quite well since arriving in Vegas through the expansion draft. In 147 games with the team he recorded 70 points, often from a booming slap shot either going straight in or providing rebound opportunities for his teammates. Originally a fifth-round pick in 2012 by the Los Angeles Kings, Miller’s ascension to legitimate top-four ability has been slow and steady but may receive its best opportunity in Buffalo.

Miller may well get a chance to play with Rasmus Dahlin next season as the young phenom continues his transition to a star in the NHL. Rasmus Ristolainen, Brandon Montour, Zach Bogosian and Casey Nelson all represent other right-handed options, meaning another move may be soon to follow for Buffalo GM Jason Botterill. For now though, their group already looks much improved from the one that started last season.

Vegas meanwhile will take the picks and run, happy to have gotten something in return for another cap dump. The team has young defensemen in Zach Whitecloud and Nicolas Hague pushing for an NHL opportunity, and could already probably afford to give Nate Schmidt even more responsibility. The question will be whether they bring back (or can even afford to bring back) veteran Deryk Engelland for another season, or just fill the remaining blue line minutes internally.

If this is the precursor to another move by the Sabres, they could be holding court in the next few days. The free agent defenseman market is razor thin (especially on the right side) and has already led several teams to pursue trade acquisitions instead. Miller joins a group of defensemen including Jacob Trouba, Matt Niskanen, Justin Braun, Radko Gudas, Olli Maatta, Calvin de Haan, Kevin Connauton, Gustav Forsling and of course P.K. Subban to be traded over just the last couple of weeks.

Renaud Lavoie of TVA Sports was first to report a deal was close, while Bob McKenzie of TSN reported the details of the return.

Photo courtesy of USA Today Sports Images

Vegas’ William Karlsson Signs Eight-Year Extension

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Monday: The terms first reported by The Athletic’s Jesse Granger of an eight-year pact at a $5.9MM AAV has now been confirmed by the Golden Knights. Karlsson is now locked up through the 2026-27 season at what will be a bargain rate for Vegas if his production remains steady. In the meantime though, CapFriendly estimates that the signing puts the Knights $1.5MM over the off-season salary cap with several restricted free agents still in need of contracts. Vegas fans can celebrate the Karlsson contract now, but cost-cutting measures are coming soon.

Sunday: One of the most important offseason tasks that the Vegas Golden Knights and new general manager Kelly McCrimmon must deal with is trying to lock up restricted free agent forward William Karlsson to a new contract. It looks like that task is close to complete as TSN’s Pierre LeBrun reports that Karlsson is expected to sign an extension later this week and it is believed to be for eight years. TSN’s Bob McKenzie reports that the deal will be for just under $6MM.

LeBrun adds that while Karlsson was pushing for an eight-year deal, the Golden Knights were pushing to keep his AAV under $6MM.

The Golden Knights will have to find a way to unload some cap room as they are over the new $81.5MM cap, however for a period during the offseason, a team can exceed the cap by 10 percent, allowing them to go to $89.65MM if they need to. Regardless, they must unload some salary in order to lock up their own free agents, including Karlsson, KHL star Nikita Gusev, Tomas Nosek, Malcolm Subban and likely Deryk Engelland. The team has discussed moving several players to free up some cap space, including defenseman Colin Miller ($3.88MM AAV), center Cody Eakin ($3.85MM AAV), injured forward David Clarkson’s contract ($5.25MM AAV) and potentially moving Gusev as well.

Karlsson, who could have become an unrestricted free-agent had he opted to force arbitration and take a one-year deal, had made it clear that he has wanted to remain in Vegas, where he loves it. According to LeBrun, the eight-year term was the most important part of the deal. While it’s been clear that Vegas was just as interested in bringing back their top-line center, much of the issue of signing the 26-year-old to a long-term deal was how much to pay him.

Known as one of the Golden Misfits after Columbus left him exposed to the expansion draft after he tallied just 15 goals in two full seasons with the Blue Jackets, Vegas picked him up and he rewarded them by posting a 43-goal, 78-point season in the Golden Knights inaugural season that led them to the Stanley Cup Finals. However, the team was leery of those numbers, however, as Karlsson shot an unbelievable 23.4 percent, a number that wasn’t considered likely to be repeated. The team expected a drop off this year and it came as Karlsson’s numbers dropped to 24 goals and 56 points as his shooting percentage dropped as expected to 14.2 percent.

Regardless, Karlsson has become one of the key faces to the franchise and remains the team’s top center partnered with Jon Marchessault and Reilly Smith for two straight seasons and has always been considered a must-sign, although there has been little doubt that Vegas and Karlsson would get a deal done.

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