Vancouver Canucks, Elias Pettersson Making Progress On Extension
According to Frank Seravalli of The Daily Faceoff, the Vancouver Canucks and forward Elias Pettersson are making progress on a contract extension that would keep Pettersson in British Columbia for the next eight seasons, and it could be announced within the next several days. This marks a significant change in attitude from Pettersson, who appeared adamant about not wanting to discuss an extension with the Canucks during the season.
It will be interesting to see what the eventual dollar amount that Vancouver will give to Pettersson on this new contract. Heading into the offseason, the Canucks will have approximately $35.74MM available to them in cap space, with a total of nine players set to become unrestricted free agents, and another two set for restricted free agency, including Pettersson. Comparing Pettersson’s production and recent contracts given out to similar players, Pettersson could earn anywhere between $11MM-$13MM on this new deal.
Over the last two years, Pettersson has taken his production to another level, scoring 68 goals and 177 points in his last 141 games in Vancouver. Currently sitting 10th in the league in scoring on a team contending for the President’s Trophy, there is every reason to believe that Pettersson will finish much higher than 18th in Hart Trophy voting like he did last season.
Unfortunately, with the Canucks being tight to the cap ceiling even with the salary cap set to increase to $87.7MM next year, this likely means that Vancouver will be unable to extend recently acquired Elias Lindholm to a new deal. With Lindholm reportedly seeking an AAV of $9MM on his next contract, it would be rare to see a team sign their first- and second-highest-paid forward in the same offseason.
Nevertheless, this will set the Canucks core in place for the long haul, with the trio of Pettersson, J.T. Miller, and Quinn Hughes locked up until at least the 2026-27 season. Now that everything is clicking in Vancouver, the Canucks will now be able to reallocate money to supplement their core for the future.
Morning Notes: Johnson, Lindholm, Lightning
Mike Harrington of Buffalo News Sports is reporting that Buffalo Sabres defenseman Erik Johnson isn’t looking to move on from the Sabres and has not approached management for a trade. The 35-year-old is a former Stanley Cup champion with the Colorado Avalanche and could be in demand according to Sportsnet’s Elliotte Friedman.
Johnson was the 2006 first-overall pick, and although he never reached the levels scouts had predicted for him. He has remained a stable defensive defenseman and solid penalty killer throughout his career. He was a good offensive contributor early in his career but hasn’t topped 27 points in a year since the 2013-14 season.
Things could change for Johnson, but at this point, he told Harrington that his focus is on Buffalo, and he doesn’t want to abandon the team midseason. Johnson signed a one-year contract in the off-season as a free agent with an AAV of $3.25MM.
The Sabres entered the season with hopes of competing for a playoff spot but currently sit in 14th place in the Eastern Conference and are 10 points back of the Detroit Red Wings for the final playoff spot.
In other morning notes:
- Pierre LeBrun of The Athletic wrote today that newly acquired Vancouver Canucks forward Elias Lindholm and the team are both comfortable with waiting to see how he adjusts to the team and how the rest of the season and the playoffs go. It makes for both sides given that Lindholm is just four and a half months away from unrestricted free agency and the Canucks have to also consider a potential long-term extension for superstar Elias Pettersson. LeBrun adds that he believes the Canucks want to sign both players long-term and have coveted Lindholm for quite some time. The 29-year-old had an incredible debut with Vancouver, notching two goals in a 3-2 win. However, his second game was a disaster as Lindholm went -4 in a 4-0 loss to the Boston Bruins.
- Pierre LeBrun of The Athletic wrote today that he believes that the injury to Tampa Bay Lightning defenseman Mikhail Sergachev could prompt Lightning general manager Julien BriseBois to enter the market for a defenseman as there is a possibility that Sergachev could be out for the rest of the regular season due to injury. If the young defenseman is done playing until the playoffs it would open the door for BriseBois to go $8.5 million to go above the cap on LTIR. The issue Tampa Bay might run into is having the assets to make the move given that they don’t have a first-round pick until 2026 and their farm system is one of the worst in the NHL.
Morning Notes: Skills Results, Lacher, Coyotes
The NHL’s All-Star Skills Competition was held on Friday night in a revamped format that saw a dozen players compete in a head-to-head format while taking part in at least four of the events. Oilers center Connor McDavid took home the title and $1MM while the rest of the results were as follows.
Fastest Skater: McDavid (Oilers, 13.408 seconds)
One-Timers: Nathan MacKinnon (Avalanche, 23 points)
Passing Challenge: Elias Pettersson (Canucks, 25 points)
Hardest Shot: Cale Makar (Avalanche, 102.56 mph)
Stick Handling: McDavid (Oilers, 25.755 seconds)
Accuracy Shooting: McDavid (Oilers, 9.158 seconds)
One-On-One: William Nylander (Maple Leafs, 9 points), Alexandar Georgiev (Avalanche, 9 saves)
Obstacle Course: McDavid (Oilers, 40.666 seconds)
Other early news from around the hockey world:
- Former Bruins goaltender Blaine Lacher passed away on Friday at the age of 53, the team announced (Twitter link). Lacher made an immediate impact in the NHL, coming up as Boston’s starter in the lockout-shortened 1994-95 campaign, putting up a 2.41 GAA in 35 games to earn him a top-five finish in Calder Trophy voting. However, Lacher only made seven appearances at the top level after that. No cause of death was revealed.
- On Friday, the NHLPA expressed its frustration with Arizona’s search for a new arena site, stating that they’ve missed two deadlines already while not engaging with the PA on numerous fronts. However, it appears the team remains on track to purchase a parcel of land as the team confirmed (Twitter link) a report from ABC15’s Taylor Rocha that they are moving forward with a plan to buy in North Phoenix. At this point, multiple arena sites are still being considered which means we’re still likely a little while away from having more clarity on that front.
Afternoon Notes: NHL Three Stars, Faber, Rafferty
As we head into the All-Star break the NHL announced its Three Stars for January. The first star of the month was Colorado Avalanche center Nathan MacKinnon who posted 12 goals and 14 assists in just 12 games to lead the Avalanche to a 9-3 record in the month of January.
Following him was Edmonton Oilers netminder Stuart Skinner who had a perfect month going 9-0 with a 1.33 goals-against average and .953 save percentage as he helped guide the Oilers on their current 16-game win streak. It’s been a remarkable turnaround for Skinner after he started the season with losses in seven of his first eight games.
Finally, Vancouver Canucks center Elias Pettersson rounds out the top-3 as he finished January with 14 goals and seven assists in 13 games and he will be headed to Toronto for his fourth NHL All-Star Game this weekend.
In other afternoon notes:
- Minnesota Wild defenseman Brock Faber was named the NHL’s Rookie of the Month for January. The 21-year-old moved into the Calder Trophy conversation by posting two goals and 11 assists in 14 games during the first month of 2024 and averaged over 25 minutes of ice time per game. Faber became the first player in Wild history to take home the honor and led all NHL rookies in multiple statistical categories including points, time on ice, shots (with 31), blocked shots (with 38) and assists. Faber now has four goals and 25 assists in 49 games this season with the Wild.
- The Detroit Red Wings have assigned defenseman Brogan Rafferty to the Grand Rapids Griffins of the American Hockey League. The move was made this morning and is most likely a paper move to allow the Wings to bank cap space during the All-Star break after their 3-2 overtime loss to the Ottawa Senators last night. The 28-year-old has been a healthy scratch during his recalls this season and hasn’t played an NHL yet this year. Rafferty has two goals and 14 assists in 38 AHL games this season.
Canucks Notes: Pettersson, Karlsson, Kuzmenko
Recently, the agent for Canucks center Elias Pettersson indicated that he wasn’t sure if there would be any more contract discussions between now and the end of the season. Pettersson himself has now shut the door on that idea, telling NHL.com’s Kevin Woodley that he wants to wait for those talks until after the season ends. The 25-year-old cracked the 100-point mark last season for the first time and is on pace to eclipse that again this year, putting himself in a great bargaining position for his final trip through restricted free agency this summer. Pettersson is owed a qualifying offer of $8.82MM at that time but it will take a few million more than that to get him to pen to paper on a contract when the time comes.
More from Vancouver:
- The team announced last night (Twitter link) that forward Linus Karlsson was recalled from AHL Abbotsford. The 24-year-old has now been recalled four times this season but the first three didn’t result in much playing time as he suited up in just four contests with Vancouver. Karlsson has spent most of the season in the minors and has been quite productive, recording nine goals and 16 assists in 27 games. He could take the place of Andrei Kuzmenko in the lineup tonight against Toronto, Postmedia’s Patrick Johnston suggests.
- Speaking of Kuzmenko, Sportsnet’s Iain McIntyre speculates that if the Canucks need to clear cap space to make any upgrades before the trade deadline, the winger is the likeliest candidate to move. Previously, Tyler Myers and his expiring $6MM AAV had been perceived as trade bait but he’s playing an important role on the back end while Kuzmenko has struggled mightily in his sophomore year. However, being only a year removed from a 39-goal campaign will likely have teams interested in him as a buy-low candidate, even with a $5.5MM price tag through next season.
Canucks Notes: Pettersson, Hughes, Kuzmenko
Canucks center Elias Pettersson is the most prominent player among those eligible for restricted free agency this summer. Although talks were reportedly shelved heading into the season, there have been some discussions since then. Whether there will be more remains to be seen as Pettersson’s agent Pat Brisson told Sportsnet’s Iain MacIntyre that he’s unsure if there will be further talks on that front between now and the end of the season. Pettersson, who can break the all-time NHL record tonight for consecutive games with a game-winning goal (he’s currently at four), has 22 goals and 35 assists in 42 games and stands to land considerably more than his $8.82MM qualifying offer whenever a new agreement is eventually reached.
More from Vancouver:
- Defenseman Quinn Hughes has shown himself to be quite dynamic offensively throughout his NHL career. However, at least one person in Vancouver’s front office though felt he could be better utilized. In an appearance on the NHL Network (video link), former head coach Bruce Boudreau indicated that he was approached several times about making the 24-year-old a center, a request he rebuffed each time. Hughes is having a stellar season on the back end this season with 51 points in 42 games so far, making him a strong contender for the Norris Trophy so it’s safe to say keeping him on the back end was the right call.
- Things haven’t gone well for winger Andrei Kuzmenko in his sophomore year. After scoring 39 goals last year, he has just eight so far this season and has been healthy scratched five times. However, his agent told Pierre LeBrun of The Athletic (subscription link) that Kuzmenko is happy in Vancouver and isn’t looking to leave. The 27-year-old has another year left on his contract after this one with a $5.5MM price tag which would make finding a viable trade in which they receive full value a challenging proposition.
Elias Pettersson Still In No Rush To Sign Contract Extension
TSN Insider Chris Johnston is reporting that pending restricted free agent Elias Pettersson still doesn’t appear to be in any rush to sign a contract extension with the Vancouver Canucks. Pettersson is under Canucks control for one more season after this one and Johnston wonders if Pettersson might elect to go to arbitration with the club and accept a one-year contract, or take a qualifying offer which would come in north of $8MM.
While that news might not sit well with Canucks fans, it appears that Pettersson’s logic for the holding pattern might be to try and get a better sense of where the NHL salary cap ceiling is going before he puts pen to paper on a long-term deal.
The 25-year-old is off to a terrific start this season with eight goals and 20 assists in 20 games for the surprising Canucks who currently sit second in the Pacific Division with a 13-6-1 record. Many thought that Pettersson could be in a holding pattern to see what the future of the Canucks looked like before signing a new deal, but 20 games into the season it doesn’t appear as though the Canucks hot start has moved the needle for Pettersson.
The native of Sundsvall, Sweden is coming off a season in which he registered 39 goals and 63 assists in 80 games and is currently on pace for a 114-point season should he dress in all 82 games this year. It appears the longer Pettersson waits, the higher his price is going to climb, barring an injury or a massive slump at some point this season.
The Canucks are in a reasonably good salary cap situation beyond this year, and it shouldn’t be an issue fitting in a cap hit that is at or around the $10MM per season that Pettersson is sure to be seeking on a long-term deal. But until he signs that deal, there is sure to be a cloud of doubt surrounding Pettersson’s long-term future in Vancouver.
Canucks Working On Extending Elias Pettersson
Frank Seravalli of the Daily Faceoff released an interview with Canucks general manager Patrik Allvin that spoke to the team’s efforts to re-sign their star forward, Elias Pettersson. Specifically, Allvin said he’s been in touch with both Pat Brisson and Pettersson’s Swedish agent and that he hopes to get something done sooner rather than later.
A Pettersson extension is undoubtedly one of Allvin’s top priorities. The 25-year-old forward has been a pivotal piece of the Canucks’ early success, currently leading the league in scoring with a monstrous 25 points in 15 games. His 18 assists also rank top in the league, although he’s tied with co-star Quinn Hughes in that category.
This strong scoring continues the trend of Pettersson scoring more and more every season. He scored a career-high 102 points last season, the most scored by a Canuck since Daniel Sedin scored 104 in the 2010-11 season. Pettersson became the fourth Canuck to cross the century mark since 2000, joining the Sedin brothers and Markus Naslund.
But with high scoring comes an inevitably high price tag. Of the 11 players to score 100 or more points last season, Pettersson is one of three players to carry a cap hit under $8MM, alongside Ryan Nugent-Hopkins and Jason Robertson. Pettersson also joins Robertson as the only two among the group without any movement protection in their contracts. Both of those variables are bound to be addressed in Pettersson’s next contract, which could reach upwards of eight figures. Any long-term deal would also carry Pettersson to his age 32 or 33 season, likely solidifying his place in Vancouver for the long term. If, and when, a new contract will come is yet to be seen, although it’s encouraging to see the two sides engaged in extension talks.
Pacific Notes: Pettersson, Okhotyuk, Labanc
Canucks star center Elias Pettersson missed practice today as he was “a little bit banged up,” per head coach Rick Tocchet. However, there’s little concern about his availability for Thursday’s matchup against the Lightning.
Pettersson took friendly fire from defenseman Tyler Myers to one of his legs during last night’s shutout loss to the Flyers but seemed “unencumbered” today when walking around. Pettersson, 24, has been nothing short of electric through three games thus far, displaying an added layer of physical maturity to his game while leading the team in scoring with six points. Entering the final season of a three-year, $22.05MM contract, Pettersson is perhaps the best pending RFA on the market, and his willingness to sign long-term will be a significant storyline to monitor as the Canucks begin their campaign, which is off to an up-and-down start. They’re in relatively good shape with a 2-1-0 record thus far, but a rather dominant performance by the basement-dwelling Flyers on Tuesday did not inspire much confidence.
Elsewhere in the Pacific Division on this Wednesday afternoon:
- It appears Sharks defenseman Nikita Okhotyuk is gearing up to make his debut for the team after he was acquired in last season’s Timo Meier trade with the Devils. A late second-round pick in the 2019 NHL Draft, Okhotiuk sustained a sports hernia injury at the end of last season that prevented him from playing for either the Sharks or the AHL’s San Jose Barracuda after the trade, and a separate lower-body injury has kept him out of action since the beginning of the month. The Mercury News’ Curtis Pashelka says that Okhotiuk could be an option for Thursday’s game against the Bruins, likely the reason behind sending Henry Thrun to the minors earlier today. Okhotiuk remains on IR for the time being, and the Sharks needed to open a roster spot to activate him.
- Staying with the Sharks, Pashelka also relays word from head coach David Quinn that winger Kevin Labanc will make his season debut against the Bruins after serving as a healthy scratch for the team’s first three games. Labanc, 27, is in the final season of a contract earning him $4.725MM per season, but his production has steadily declined from its 56-point peak in 2018-19, and he’s now fallen far out of favor with the Sharks’ coaching staff. He is, however, expected to get a look in the top six alongside Thomas Bordeleau and Filip Zadina.
Snapshots: Kuznetsov, Tocchet, Bochek
In his ongoing series throughout the summer, Adam Proteau of The Hockey News touched on Washington Capitals center Evgeny Kuznetsov and explained that he is on the hottest seat for the Capitals entering into the upcoming season. Although Washington and Kuznetsov seem intent on starting the 2023-24 season together, the Russian forward has not officially rescinded his trade request from last summer.
Following up on one of the most disappointing seasons of his career, Kuznetsov has a lot to prove this year. Last season, playing in 81 games, Kuznetsov scored 12 goals and 43 assists with a -26 rating, not quite living up to his $7.8MM salary. If the Capitals hope to move Kuznetsov for something substantive, or even hope to make the playoffs in a loaded Metropolitan division, they will need Kuznetsov to find his old form in the top six.
Washington might be best served in transferring Kuznetsov to the wing and allowing Nicklas Backstrom and Dylan Strome to take the top two center positions on the roster. Both Backstrom and Strome play significantly better defensively, and Kuznetsov would likely fit in nicely on the second-line left-wing role. Nevertheless, new head coach Spencer Carbery and the entire organization will have to do much better in getting the maximum potential out of Kuznetsov next year.
Other snapshots:
- In an interview with Iain MacIntyre of Sportsnet, head coach of the Vancouver Canucks, Rick Tocchet, touched on several topics, including the pending restricted free agency of Elias Pettersson, and the ceiling of the Canucks headed into next season. Tocchet notes that if Vancouver can’t make the playoffs next year, the organization will need to “check most of the boxes” to entice him to stay, such as improvements from the coaching & development staff, as well as team cohesion throughout the season. Tocchet also said that the team is “capable of success”, but would not elaborate entirely on his use of the word ‘success’.
- General Manager of the Arizona Coyotes, Bill Armstrong, announced a multi-year contract extension with Development Skills Coach, Kyle Bochek. It is unclear how long the contract will be for, but Bochek will be entering his third season in the Coyotes organization, having worked with both NHL and AHL talent. Arizona must have some trust in Bochek, as the team has graduated players such as Matias Maccelli and Dylan Guenther under his watch.