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Colton Parayko

Snapshots: Parayko, Norfolk Admirals, Penguins TV Deal

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When a team in the NHL takes a step back and performs below expectations, typically there will also be a few key players on that team who have taken individual steps back, steps back that help contribute to the larger decline. The St. Louis Blues had a difficult 2022-23 season, one that saw them finish outside the playoffs. That’s been a rarity during the Blues’ current competitive run, one that yielded the franchise’s first-ever Stanley Cup championship in 2019, and one of the bigger reasons for that step back was the decline of key defenseman Colton Parayko.

Parayko, 30, is making $6.5MM AAV through 2029-30 but saw his all-around results decline from 2021-22 to 2022-23. He went from 35 points scored to 27, his ice time went down a tick, and his defensive play was not up to his usually high standards. That led to speculation that the Blues and Parayko could seek out a change of scenery in the offseason, though that didn’t end up coming to pass. Those trade rumors haven’t deterred Parayko, either, who told The Athletic’s Jeremy Rutherford that he plans on remaining a Blue “for a long time.” (subscription link) As the owner of a full no-trade clause, it’s going to be up to him whether that actually happens, and it appears moving forward both parties view a bounce-back season as the optimal solution to Parayko’s decline rather than a trade.

Some other notes from across the NHL:

  • The Carolina Hurricanes have announced a working agreement with the ECHL’s Norfolk Admirals that will allow the Hurricanes to assign prospects to the ECHL club. The Admirals are the official affiliates of the Winnipeg Jets, but per this agreement, they’ll share the ability to send prospects to Norfolk alongside Winnipeg. The ECHL is typically not where NHL teams send most of their prospects, but in the case that the Hurricanes find they need to send a prospect to North America’s third-tier league they now have a clear path to do so.
  • The Pittsburgh Penguins announced “SportsNet Pittsburgh” today, finalizing the home of Penguins hockey for all regionally televised games. Per the announcement, the Penguins “entered into an agreement to acquire and re-brand the existing AT&T SportsNet Pittsburgh network,” the Penguins’ regional sports network from last season. There has been significant uncertainty in the regional sports broadcasting market in recent months, but with this announcement Penguins fans get some clarity as to what entity will broadcast their team’s games moving forward.

West Notes: Hayes Trade, Kings, Jets

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As the hockey world continues to wait on the second-big center trade of the day, one that is expected to see Kevin Hayes of the Philadelphia Flyers join the St. Louis Blues. Due to his cap hit of $7.14MM a year, there was always a guarantee that the Blues would likely have to send some money back. A complicated trade such as this one usually doesn’t take a couple of hours to complete, as it could go on for a couple of days, especially if a third team needs to get involved.

As of right now, there is no knowledge on what assortment of players, picks, or prospects will be headed back in either direction, but we do know a couple of players that will not be included in the deal on the Blues side of the action. Renaud Lavoie has already reported that St. Louis defenseman, Marco Scandella, is not the one holding up the trade, as the Flyers are not on his no-move list. Additionally, Lavoie notes that Colton Parayko and Nick Leddy have also not been asked to waive their no-trade clauses.

A few moments after the news from Lavoie, Jeremy Rutherford of The Athletic reported that defenseman Justin Faulk has also not been asked to waive his no-trade clause as well. This news is important for a couple of reasons. With some deductive reasoning, these reports could reasonably be interpreted as the Blues are trying to send a defenseman to the Flyers, and there is only one more St. Louis defenseman that has a sizeable contract, that player being Torey Krug. It appears that if the Blues are indeed trying to send Krug the other way, the no-trade clause in his contract appears to be holding up the deal, which may cause Philadelphia to seek out a third team to facilitate the trade.

Other notes:

  • As the trade market starts to heat up in the Western Conference, the Los Angeles Kings are fervently in the mix. David Pagnotta of TheFourthPeriod reports that not only have the Kings engaged in multiple discussions to acquire a top-six forward, but they would love to get a trade made before the draft. The Kings and Montreal Canadiens have been the two teams most heavily linked to Pierre-Luc Dubois this summer, and he would be an acquisition that would undoubtedly improve Los Angeles’ forward group. Aside from Dubois, it is unknown who else the Kings would be targeting, but they are letting most teams know what they are looking for.
  • Continuing on with the Dubois speculation, Frank Seravalli of the DailyFaceoff notes that the Kings and Winnipeg Jets are indeed engaged in conversations, but nothing seems imminent on the trade front. Los Angeles did create some room to add in their earlier trade of Sean Durzi to the Arizona Coyotes, but the reasoning behind a trade not being close may not entirely be their fault. Mark Scheifele, Connor Hellebuyck, Blake Wheeler, and Dubois have all seen their names in the rumor mill this summer, and the Jets likely have plenty of teams calling for their services.

Columbus Blue Jackets Had Interest In Colton Parayko

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In a somewhat stunning series of moves, the Columbus Blue Jackets went out and got two top-four caliber defenders on the trade market this week in Ivan Provorov and Damon Severson. Considering how early in the offseason they made these moves, it’s clear that upgrading on defense has been a priority of general manager Jarmo Kekalainen’s for quite some time.

Late Friday night, The Fourth Period’s David Pagnotta reported the Blue Jackets had also set their sights on Colton Parayko of the St. Louis Blues, likely as a backup plan in case one of the two transactions they pulled off fell through.

The imposing 6-foot-6 defender is one of the big trade bait pieces on the board this offseason – along with many other of his Blues teammates on defense. It could be a tough transaction to make for St. Louis, though, as the injury-prone 30-year-old is still locked in at a $6.5MM cap hit for seven (yes, seven) more seasons and carries full trade protection.

It hasn’t dissuaded teams from calling, though, as Pagnotta said Columbus isn’t the only team to have demonstrated interest in Parayko’s services so far this offseason. The right-shot D-man’s prospective spot in the Columbus lineup surely disappeared after acquiring Severson this morning, as the team still needs space in the lineup to ice youngsters Adam Boqvist and David Jiricek on the right side.

If a team is to make a successful trade for Parayko, it would surely involve a third-party team to retain some salary. That’s where concerns surrounding his term come in, though – how many assets would the team trading for Parayko need to pay a broker like the Chicago Blackhawks to be on the hook for seven more seasons of Parayko’s deal, even at a marginal cap hit? Few teams would anticipate not spending close to the cap for that stretch of time.

Injury Notes: Parayko, Kassian, Red Wings

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The St. Louis Blues are streaking – again. They’ve nearly wiped out a franchise-record eight-game losing streak by rattling off six straight wins, the latter half of which have come without defenseman Colton Parayko in the lineup. Considered day-to-day with a lower-body injury, Parayko will be a game-time decision tonight when the Blues take on the Anaheim Ducks.

Berube even went so far as to say he was “confident” that Parayko would be back in the lineup, but still, it’s not assured. He’ll be an important piece for the Blues this season as he enters the first season of his eight-year, $52MM contract extension. His defensive play this year has been better than his -9 rating would suggest, with his sample size being weighed down by poor goaltending during the Blues’ losing streak. Tyler Tucker will draw out in place of Parayko after playing his first three NHL games, and Vladimir Tarasenko will miss a second straight game with an undisclosed illness.

  • In activating Jakob Chychrun and Nick Schmaltz from injured reserve, the Arizona Coyotes have replaced them with forward Zack Kassian to stay under the 23-player roster limit, according to PHNX Sports’ Craig Morgan. Kassian has not played since November 1 and is still day-to-day with a lower-body injury, even though he’s missed nearly three weeks now. He’s eligible to return at any time given he’s well past the seven-day injured minimum required to be on IR, although the team will need to send someone down to accommodate.
  • Forward Elmer Soderblom remains day-to-day for the Detroit Red Wings despite not playing for weeks, per head coach Derek Lalonde today. Lalonde said Soderblom’s return from a lower-body injury is “probably going to take some time,” and there’s still no clear indication when the rookie could return. Defenseman Gustav Lindstrom could play this week, though. The Swede is also day-to-day with a lower-body injury.

West Notes: Parayko, Ennis, Canucks

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Blues defenseman Colton Parayko missed 21 games last season due to a lingering back issue which likely kept the price tag lower on the eight-year, $52MM extension he just signed.  Speaking with reporters, including Tom Timmermann of the St. Louis Post-Dispatch, the veteran indicated that his back has fully recovered but the treatment to get to that point has been minimal.  Instead of surgery or extensive rehab, Parayko has largely just rested to heal the injury, something that simply wasn’t an option during the season when he tried to play through it.  Expectations will be much higher for him heading into this coming season with that extension now in place and with the back injury behind him, he should be able to have a bigger impact offensively after recording just 12 points in 32 contests.

More from the Western Conference:

  • Veteran forward Tyler Ennis is among those still sitting in the UFA pool but Postmedia’s Jim Matheson reports that there are some teams that have shown tentative interest along the lines of circling back to him as a fallback plan. He lists the Canucks as one of the teams that may have shown interest so far.  The 31-year-old had a limited role with Edmonton last season, notching just nine points in 30 games while being a regular scratch.  Accordingly, he’s someone that may have to settle for a PTO at this point whether that’s with Vancouver or someone else.
  • With one successful offer sheet now being completed, Sportsnet’s Elliotte Friedman noted in the latest 31 Thoughts podcast (audio link) that the Canucks have been the team believed to be the most concerned about an offer sheet this summer. Of their two remaining RFAs, only center Elias Pettersson is eligible to receive one as defenseman Quinn Hughes falls under the 10.2c classification.  Friedman adds that talks are expected to pick up with both unsigned players after there were basically no discussions for all of August.

Colton Parayko Signs Eight-Year Extension

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The St. Louis Blues have locked up one of their best players, signing Colton Parayko to an eight-year extension. The new contract will start in the 2022-23 season and keeps Parayko in St. Louis through 2029-30. The big defenseman will carry an average annual value of $6.5MM on the new deal, which totals $52MM. Parayko explained just what made him sign now:

I can’t wait to wear the Blue Note for another nine years. St. Louis has been my home now for six seasons, and this is where I want to be. All the relationships I’ve gained, the teammates I’ve had, and the organization have all had a big impact on me. Winning here in 2019 was special, and I want the chance to stay here and do that again.

Andy Strickland of Bally Sports Midwest provides the full breakdown:

  • 2022-23: $7.25MM
  • 2023-24: $8.0MM
  • 2024-25: $8.0MM
  • 2025-26: $8.0MM
  • 2026-27: $6.35MM
  • 2027-28: $4.8MM
  • 2028-29: $4.8MM
  • 2029-30: $4.8MM

Parayko, 28, was entering the final season of a five-year, $27.5MM deal he signed in 2017 and could have become an unrestricted free agent next summer. The team seems to have created something of an internal cap, as his new deal will match the AAV of both Justin Faulk and Torey Krug at $6.5MM. That may actually represent a bargain for Parayko, though he hasn’t quite taken the step forward that many expected over the last few seasons.

Standing an imposing 6’6″, the 2012 third-round pick has everything you want in an NHL defenseman. He’s big, physical, can skate well, and has an incredibly accurate shot from the point. There’s no doubting his value to the Blues, which was perhaps demonstrated best in 2019 when he averaged more than 25 minutes a night during the Blues Stanley Cup run. But there also hasn’t been that giant leap offensively that some were expecting, with just 40 points combined over his last two seasons (96 games).

That’s not to say it couldn’t still happen, but Parayko appears to have settled in as a rock-solid top-four option, instead of a true number one defenseman. This deal represents exactly that, as he’ll be paid quite a bit less than some of the other pending free agent defensemen that have re-upped this summer. Still, getting an eight-year term is huge for Parayko, who could very well ride this contract through to the end of his career.

He’ll be 37 when the extension ends, which is where this contract brings plenty of risk for the Blues. Though he’s an extremely important player right now and very likely could have received a higher AAV on the open market, they’re going to be paying him as a top-four option throughout his decline phase and even into his late-thirties. That’s the price you pay for extra flexibility now, when GM Doug Armstrong believes his team can still compete for the Stanley Cup.

In fact, when you consider that Krug (30) and Faulk (29) are heading into just the second year of their own seven-year deals, this is a blueline that is going to be testing the limits of the aging curve in the NHL. All three players are going to carry a $6.5MM well into their thirties, meaning the time is now to strike at a league championship.

The Blues now have nearly $70MM already committed to just 14 players for the 2022-23 season, though Vladimir Tarasenko’s deal is still expected to be traded at some point. Armstrong went out and landed Brandon Saad and Pavel Buchnevich this summer to add to the group, pushing his chips to the middle even if a few years down the road might look a little more difficult.

Photo courtesy of USA Today Sports Images

Central Notes: Parayko, Fiala, Nylander

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Players signed until the end of the 2021-22 season are eligible for contract extensions and there have been some notable ones handed out already.  One player that can get that next deal is Blues defenseman Colton Parayko but Tom Timmermann of the St. Louis Post-Dispatch suggests it’s unlikely that such a move would happen anytime soon.  While St. Louis would undoubtedly love to keep the 28-year-old around, Parayko is coming off a tough injury-plagued year and accordingly, his value is far from its peak.  Waiting to see if he can bounce back is the more prudent move from Parayko’s end as doing so would allow him to get a bigger contract in the end.  He’s carrying a cap hit of $5.5MM for next season and he’ll need to get back to being a top-pairing performer if he’s going to get a sizable raise next summer.

More from the Central:

  • Wild GM Bill Guerin acknowledged to reporters including Sarah MacLellan of the Minneapolis Star-Tribune that while he would have loved to sign winger Kevin Fiala to a long-term deal, it just wasn’t feasible to do so. He did indicate that he’s still hopeful that he’ll be able to get a multi-year pact in place with the 25-year-old for 2022-23 and beyond although with the buyout charges they have on the books beyond next season, that could be a little more complicated.  Fiala avoided arbitration earlier this week with a one-year, $5.1MM contract that will also serve as his qualifying offer next offseason.
  • Blackhawks winger Alex Nylander told Charlie Roumeliotis of NBC Sports Chicago that he has fully recovered from the knee injury that cost him all of last season. Nylander couldn’t even pinpoint when the injury occurred (or if there was a specific incident, even) other than that it was in the bubble but he has resumed skating without the issues that arose when he was gearing up for last season that eventually resulted in the surgery.  Nylander accepted his qualifying offer on Monday for just over $874K.

Roster Freeze Notes: Sharks, Flames, Dunn

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With NHL Expansion Draft protection lists due at 4:00pm CT today, the league has enacted a freeze in all roster transactions that goes into effect in less than an hour from now at 2:00pm CT and lasts through Thursday morning after the Expansion Draft is complete. NHL teams are not taking this deadline lightly; numerous reports suggest that the trade market is no less than a complete frenzy right now as teams look to use their expansion flexibility (or lack thereof) to make deals before the clock runs out. Bally Sports’ Andy Strickland spoke with an agent who said he has never seen so many players available for trade from so many teams.

One team that seems poised to make a move are the San Jose Sharks. The Athletic’s Kevin Kurz reports that the Sharks are attempting to add a goalie before the deadline. San Jose is likely to expose expensive, underperforming starter Martin Jones in the Expansion Draft and seemingly would be open to exposing young Josef Korenar as well if they can add another legitimate NHL goaltender worth protecting. Not many teams across the league have the luxury of adding a goalie before the expansion process begins, so the Sharks are trying to take advantage of a goalie market with far more sellers than buyers.

  • The Sharks are certainly not alone in pushing for a last-minute deal. The Ottawa Sun’s Bruce Garrioch reports that among the most active teams are the Winnipeg Jets, who are shopping Mason Appleton, the Calgary Flames, and the Chicago Blackhawks. The Blackhawks appear to be specifically targeting a landing spot for restricted free agent defenseman Nikita Zadorov, Garrioch notes. There has been some speculation that Chicago was not enthused about Zadorov’s asking price or potential arbitration award, but don’t necessarily want to expose him to Seattle and lose him for nothing in return. The Flames are far less single-minded; Garrioch calls the roster “unsettled” and believes that many players could be up for grabs.
  • St. Louis Blues defenseman Vince Dunn is out there in current trade discussions as well, reports Pierre LeBrun of TSN and The Athletic.  The 24-year-old has been in trade speculation for the last couple of years now but expansion could be the pressure point to get something completed.  Many expect St. Louis to use the standard protection scheme which allows for seven forwards and three defensemen.  The three blueliners expected to be protected in that scenario are veterans Colton Parayko, Torey Krug, and Justin Faulk which would leave Dunn unprotected and seemingly a prime target for the Kraken.  They could go to eight skaters to protect Dunn but would then leave three more forwards available to Seattle.  Accordingly, if the Blues want to get an asset for Dunn, today may be the last chance that can happen.

West Notes: Wild, Parayko, Lemieux

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Minnesota has had a strong first half to their season and are sitting comfortably in a playoff spot in the West Division and remain within striking distance of the top two seeds in Colorado and Vegas.  However, Wild GM Bill Guerin suggested to Sarah McLellan of the Minneapolis Star-Tribune that the team may not be overly active between now and April 12:

I’m really happy with our team right now. I’m happy with the job our players have done, and obviously our coaches have done a great job. Chemistry-wise, I think our team’s good. Unless something really makes us better, I don’t really feel the need to disrupt this group. If something will make us better, then we’ll do it. But I do see the chemistry that our team has, and that’s very important. To mix that up could be dangerous, but we’ll see.

Like many teams, one element that will limit what they even try to do is the salary cap.  Per CapFriendly, the Wild can only add about $2MM on deadline day which is hardly enough to try to make a splash.  If Guerin does opt to make a move then, it will likely have to be one that simply shores up their depth.

More from the West:

  • The Blues won’t have Colton Parayko back this weekend but his return appears to be on the horizon. Jim Thomas of the St. Louis Post-Dispatch notes that the defenseman is not with the team for their two-game set in Colorado but he has been skating for more than a week now as he works his way back from a back injury.  The team has not yet ruled him out for Monday’s matchup against Vegas and he would be a huge boost to a St. Louis squad that has struggled as of late, dropping four straight and nine of their last 11 games.
  • The acquisition of Brendan Lemieux by the Kings over the weekend came as a bit of a surprise but Larry Brooks of the New York Post reports that the 25-year-old had asked for a trade from the Rangers which accelerated the process. Lemieux was believed to be seeking a larger role after averaging just over 10 minutes per game with New York prior to the move.  While he’s still in quarantine, Lemieux should be able to get that with Los Angeles, especially if they wind up moving a forward or two out between now and the trade deadline.

Injury Notes: Bozak, Trocheck, Bruins, Kings

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After a month-and-a-half on the sidelines, St. Louis Blues forward Tyler Bozak is finally making some progress toward a return. Speaking to Jim Thomas of the St. Louis Post-Dispatch, head coach Craig Berube displayed optimism when discussing the health of his veteran center, who was back at practice on Friday. “He’s gonna get some work here in the next few days and he could be available soon,” Berube said. “It’s good to see him out there and working… making some real good progress.” Bozak has not played since January 26th, when he was forced out of game against the Vegas Golden Knights with an apparent concussion. With the Blue about to embark on a six-game road trip, they will have to decide if bringing Bozak is the right move or if he requires additional time before his return. While St. Louis also just got Vladimir Tarasenko back and Oskar Sundqvist returned from a short-term injury, they could still use all the help they can get. Colton Parayko, Jaden Schwartz, Ivan Barbashev, Robert Thomas, Jacob De La Rose, and more are still among the Blues’ injured.

  • The news on Carolina Hurricanes forward Vincent Trocheck does not sound as optimistic. Head coach Rod Brind’Amour tells The Athletic’s Sara Civian that Trocheck’s recent upper-body injury will keep him sidelined for “longer than hoped”. The coach held back on providing any definitive timeline, but any long-term absence for Trocheck will be a major loss for the team. In his first full season with the Hurricanes, Trocheck has been a point-per-game player and is tied with Sebastian Aho for the team’s scoring lead. If there is one silver lining for Carolina, it is that the injury occurred before the trade deadline; with a considerable amount of cap space, the ’Canes still have time to bring in help to make up for an extended period without Trocheck.
  • Back on the positive side, the Boston Bruins have been dealing with an onslaught of injuries for some time, but there could be some help on the way. Head coach Bruce Cassidy announced today that veteran defenseman Kevan Miller has resumed skating and is likely to travel with the team on their upcoming road trip. Miller has been resting his surgically-repaired knee, but seems like he is ready to get back on the ice. Cassidy also said that defenseman Brandon Carlo is “coming around” and, while he is unsure if it will happen, there is at least some consideration that he could travel as well. This is the first concrete update on Carlo since he was hospitalized by a high hit from Washington’s Tom Wilson, but its seems that Carlo will not be out for a lengthy period as many feared.
  • It’s a scary time for any unknown illness given the shadow of the Coronavirus, so the Los Angeles Kings played it safe and cancelled practice this morning, citing an “illness” spreading around the group. Head coach Todd McLellan and the Kings do not believe that this is COVID, but a seasonal virus. However, the team will wait to see what their latest batch of test results say. Defenseman Olli Maatta is currently on the league’s COVID Protocal Related Absences list, though Alex Iafallo missed the team’s last game with similar symptoms and did not test positive for COVID. Obviously, the hope of all involved is that this is what McLellan believe it to be: some unrelated bug going around the locker room.

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