Headlines

Go To MLB Trade Rumors
Go To Hoops Rumors

Elliotte Friedman

Calgary Flames Sign Sonny Milano To PTO

at CDT | by 3 Comments

After scoring a career-high 14 goals and 34 points, Sonny Milano finally has a training camp to attend. The Calgary Flames will bring Milano in on a professional tryout. As with any PTO, this doesn’t mean Milano is actually on the Flames, only that he will be attending camp. It is, however, an opportunity for the team to get comfortable with the player and for the player to showcase himself to the entire league.

Milano, 26, was left unqualified by the Anaheim Ducks this offseason, thanks to a breakout campaign that likely would have led to a large arbitration award. The young forward would have needed a qualifying offer of $1.8MM and would have secured much more than that given his strong offensive totals from last year.

Playing nearly the entire season on the wing of playmaker extraordinaire Trevor Zegras (and a good chunk more with solid offensive players like Rickard Rakell and Troy Terry), Milano made the best of his opportunities. Still averaging just over 15 minutes a night, he nearly doubled his career points total, and potted 14 goals, a number he had hit as a rookie in 2017-18 but come nowhere near since.

There have always been questions about Milano’s overall impact on a game, his tendency to try highlight-reel plays instead of more traditional options, and a habit of drifting to the perimeter, but there is no doubt that he has the skill to play at a high level. The fact that he hasn’t found a contract yet likely has more to do with him searching for a good fit than the phone not ringing.

Whether he can find that fit in Calgary is unclear. For a player that will need powerplay time and minutes with top-end players to be effective, the Flames roster looks awfully crowded. Even with the losses of Johnny Gaudreau and Matthew Tkachuk, Calgary can ice a top-six that includes Nazem Kadri, Jonathan Huberdeau, Andrew Mangiapane, Elias Lindholm, and Tyler Toffoli. Blake Coleman, Mikael Backlund, and Dillon Dube are all capable of moving into those roles as well, while the veterans like Milan Lucic and Trevor Lewis patrol the bottom six.

So while Milano may be deserving of an NHL contract, it will be interesting to see whether it ends up being the Flames that sign him. For now, he’ll attend training camp with the team, and get a chance to remind them of the skill that scored two goals in three games against Calgary last season.

Evening Notes: O’Reilly, Robertson, Anderson

at CDT | by 4 Comments

After losing Alex Pietrangelo to free agency a couple of offseasons ago, having David Perron and Ville Husso leave the same way this offseason, and observing this summer’s Calgary Flames from afar, the St. Louis Blues made it a priority this offseason to sign young stars Robert Thomas and Jordan Kyrou long-term. The organization accomplished that feat on Tuesday by signing Kyrou to an eight-year, $65MM contract which will kick in during the 2023-24 season – two months to the day after Thomas signed an identical deal. Although St. Louis has several key UFAs at season’s end, including Ryan O’Reilly an Vladimir Tarasenko, Sportsnet’s Elliotte Friedman reported on today’s 32 Thoughts podcast that the Blues’ priority was to get their two pending RFAs signed long-term.

Despite their clear focus, Friedman believes St. Louis will take a run at re-signing O’Reilly too, seeing term as the likely sticking point for both sides, O’Reilly turning 32 in February. A comparable contract could be Nazem Kadri, as Sportsnet’s Jeff Marek suggests, given his age and style of play, but as Friedman says, “I don’t know if I can see St. Louis doing that” (Kadri signed for seven years and $49MM). Of course, with their two biggest building blocks signed long-term through their prime years, the Blues have put themselves in a good position, however it’s still worth noting the departure of two key pieces from this year’s team (Perron and Husso) and further departures of O’Reilly or Tarasenko, or both, could put a further dent in the team’s plans for it’s current build.

  • Earlier this week, we discussed Jason Robertson’s contract negotiations, which were said to be speeding up with an open dialogue. Friedman also discussed the potential contract on today’s podcast, opining that a possible eight-year, $64MM contract might not be enough to sign the young forward long-term anymore. Friedman cites to the recent extensions of Kyrou and Tim Stutzle, both for eight-years at $65MM and $66.8MM, respectively, as examples of why Robertson could reasonably reject a long-term offer at an AAV of $8MM. Complicating the matter even more is that, right now, Dallas wouldn’t be able to afford an $8MM cap hit on Robertson anyways, having just over $6.3MM in available salary cap space. In that case, the more likely scenario would be a bridge deal for both sides that would carry Robertson to, or at least closer to, UFA status. If Dallas is intent on signing their RFA long-term, one option to clear cap space, which was suggested a few weeks ago by Dallas Stars Senior Staff Writer Mike Heike, would be to trade goaltender Anton Khudobin, who carries a $3.33MM cap hit.
  • A final note from Friedman today, the Los Angeles Kings may have been interested in trying to sign defenseman Mikey Anderson to a long-term contract extension. As he elaborates, Friedman believes the team had talked to him about what it would take to get a long-term deal done, but just didn’t have the ability to fit it in. The Kings and Anderson will be able to sign another extension beginning on January 1st of next year, and though Friedman didn’t say a long-term signing is going to be announced then and there, he does believe Los Angeles was able to get a sense of what that deal might have to look like and can better handle it in the future. Rumors that the Kings could try to sign Anderson long-term are interesting considering the defenseman signed just a one-year, $1MM contract a few days ago, causing some to wonder that if that was the price on a one-year pact, it couldn’t have been all that much more for four or more years. Though that might be the case, the recent signings of Anderson an fellow defenseman Sean Durzi leave the team with just under $500K in cap room, which would be a tight squeeze if Anderson’s number came in just under $1.5MM per season, but on a long-term deal for a promising young defenseman, that number may well have been higher.

Jordan Kyrou Signs Eight-Year Extension

at CDT | by 11 Comments

A few days ago it was reported that Jordan Kyrou and the St. Louis Blues were working on an extension. It appears those talks were positive, as Kyrou has signed an eight-year, $65MM extension. The deal is the same as the one that Robert Thomas signed earlier this summer, carrying an $8.125MM cap hit through the 2030-31 season.

Kyrou released a statement on the deal:

I’m so thankful to the Blues organization for putting their trust in me and giving me the opportunity to wear the Blue Note for the forseeable future. Being able to call St. Louis my home is amazing. I can’t say enough about how much I love the city. And to the best fans in the League, I can’t thank you enough for always showing me love and support.

Kyrou, 24, had a brilliant season in 2021-22, registering 27 goals and 75 points in 74 regular season games and then another seven goals in 12 playoff matches. The young winger attacks with incredible speed and finesse, registering those points despite averaging fewer than 17 minutes a night.

In fact, among players with at least 40 games played this season, Kyrou ranked 15th in the entire league in 5v5 points/60 at 2.93. That put him just behind Jonathan Huberdeau and Thomas, the latter actually tied with him. His 1.29 5v5 goals/60 tied him with Johnny Gaudreau, and Jake Guentzel for 21st in the league, showing just how dominant he was in his opportunity.

An extension like this suggests that the opportunity for Kyrou will only grow in the years to come, with more minutes being funneled to him and Thomas as the new core pieces of the offense. Notably, both Vladimir Tarasenko and Ryan O’Reilly, veteran talents who have led the Blues for years, are scheduled for unrestricted free agency next summer. While these massive long-term deals certainly don’t rule out extensions for the older forwards, the Blues are obviously focused on their emerging stars and wanted to get them locked up as soon as possible.

Remember, the salary cap ceiling will start raising again in the years to come, meaning long-term contracts signed now may look like bargains down the road. With this extension not kicking in until Kyrou is 25, the Blues have essentially bought his entire prime.

The two young players will continue to be linked not only because of their team but also their financials so far. Kyrou and Thomas are both in the final year of identical two-year, $5.6MM bridge deals they signed in 2021, meaning their contract status will basically be identical for the better portion of their careers.

Photo courtesy of USA Today Sports Images

Snapshots: Dach, Sharks Rookie Tournament, Stadium Series

at CDT | by 17 Comments

After being originally reported by Sportsnet’s Eric Engels last week, his colleague Elliotte Friedman confirmed the original report today on the 32 Thoughts podcast. Echoing the fact that the Canadiens and Dach are close to signing Dach to a four-year contract, he added that the team is likely working on other moves before making the deal official.

Cap implications aside, the team will likely need to trade a forward (or two) just to have space for Dach in the lineup. With the addition of Sean Monahan into the fold for next season, Dach will likely shift to wing. He has the most experience there out of Montreal’s five natural centers in their top 12 forwards. With Cole Caufield, Mike Hoffman, Josh Anderson, Jonathan Drouin, Evgenii Dadonov, and Brendan Gallagher all in the fold, there’s just not enough room in Montreal’s NHL lineup to have Dach play an appropriate role to continue developing. Cap implications are certainly a part of that, though, as a $3.5MM cap hit as surmised by Friedman and Engels would still put Montreal dangerously close to the salary cap even with Carey Price’s $10MM cap hit on long-term injured reserve.

  • The San Jose Sharks are hosting this year’s 2022 Rookie Faceoff, a voluntary tournament for teams’ rookie camp rosters to get some game experience against each other. The Anaheim Ducks announced their participation today, noting that the Arizona Coyotes, Colorado Avalanche, Los Angeles Kings, and Vegas Golden Knights will also participate. The tournament will feature nine games in total across four days from September 16 through September 19. Anaheim has not lost a rookie tournament game in regulation since 2016, going 11-0-2 in the process.
  • The Athletic’s Sean Shapiro reports that American coverage of the 2023 Stadium Series game will be on ESPN after TNT/Turner Sports hosted coverage last season. ESPN will broadcast the Carolina Hurricanes’ first-ever outdoor game as they host the Washington Capitals at Carter-Finley Stadium in Raleigh on February 18, 2023. Shapiro also adds that the full slate of American national TV games is expected to come out later this week as the regular season approaches.

Latest On Bo Horvat’s Extension Negotiations

at CDT | by Leave a Comment

With J.T. Miller now signed long-term, questions in Vancouver have now turned to the future of Bo Horvat. General manager Patrik Allvin touched on negotiations with his captain at today’s media availability:

Bo is our captain. We respect and we like Bo. We’re communicating with his camp, and we’ll see if there is a deal to be made here. 

There was no hint of frustration from Allvin – in fact, it seemed more as though Horvat’s talks had been pushed to the back burner while they dealt with Miller, and that they would now get into them. Elliotte Friedman and Jeff Marek discussed the situation on Sportsnet’s 32 Thoughts podcast, with the former explaining that the last he had heard was “not much going on there.” Both hosts believe that an extension will be done at some point.

Horvat, 27, has one year left on his current contract and carries a $5.5MM cap hit for the 2022-23 season, after which he will become an unrestricted free agent. The ninth overall pick in 2013 is coming off a career-best 31-goal season (in just 70 games) and has been the team’s most consistent offensive producer with five 20+ goal seasons in his eight-year career.

How the Canucks fit Horvat into the picture is another story. As we examined recently the Canucks cap situation isn’t excellent, with Tyler Myers’ $6MM hit still on the books through 2023-24 and Oliver Ekman-Larsson’s $7.26MM through 2026-27, but there should be enough flexibility to add in a raise for Horvat if the team decides to do that. If they do, the question will then become how can the Canucks surround that core with enough talent to really compete in the next few years, given they are likely going to face some pain at the end of these long-term deals.

Even though a late-season surge put them extremely close to a playoff spot, the team still lost 42 games (including overtime and shootout), not exactly the number a contender can point to as a reason to spend. If they do decide to keep Horvat long-term, there is plenty of risk to the way that Allvin and president Jim Rutherford are operating. Being “stuck in the middle” – meaning good enough to avoid the top few draft slots but not good enough to really challenge for the Stanley Cup – is something that teams try to avoid at all costs. The team already has six players signed through at least 2025-26, with only Hughes under the age of 26.

Latest On Jason Robertson

at CDT | by 3 Comments

Among the remaining unsigned restricted free agents, a list that includes plenty of talent, there is one name that stands out above the rest. Jason Robertson, the young Dallas Stars phenom, is coming off a 41-goal, 79-point season that had him 13th in Hart Trophy voting in his sophomore season.

One look at the Stars’ Twitter account will show you how anxious fans are for his deal to be completed – even a picture of the right-handed Tyler Seguin sparked excitement, despite Robertson being a lefty.

After signing Jake Oettinger recently, the Stars now sit with about $6.3MM in available cap space, though that number is a bit misleading as it represents a 22-man roster and Anton Khudobin’s entire hit; he or Scott Wedgewood can be put in the minors to open up some extra room.

It sounds like the Stars might be using all of that space to get a deal done with Robertson, as Elliotte Friedman of Sportsnet expects the eventual contract to come in around where Mathew Barzal (3 x $7.0MM) and Elias Pettersson (3 x $7.35MM) ended up on their own bridge deals.

While some may expect a long-term deal, Friedman doesn’t believe that’s what will happen:

I just don’t think they have the ability to do this deal for term. If they couldn’t do Oettinger for term, then they certainly can’t do Robertson for term I don’t think, unless there is another move coming there that I don’t see right now. I wouldn’t expect Robertson right now for term.

Selected 39th overall in 2017, Robertson has been a monster for the Stars through two years, scoring 58 goals and 125 points in 128 career games. His 11 game-winning tallies in 2021-22 led the entire league, and the majority of his production was at even-strength. In fact, with just 14 powerplay assists to this point (compared to 53 at 5v5) there is likely even more offensive potential to unlock in the young forward.

Still, as the Canucks experienced with Pettersson and the Islanders with Barzal, continued point-per-game production is no sure thing in the NHL. Whether because of injury or inconsistency, even young players can be risky bets when you are discussing long-term big-money deals. Bridge contracts offer a team the ability to re-evaluate in a few years, while making sure they have the financial flexibility to stay competitive once the next contract kicks in.

A three-year term would like up Robertson with some expiring deals in Dallas, including captain Jamie Benn’s $9.5MM AAV, Esa Lindell’s $5.8MM, and Ryan Suter’s $3.65MM. At that point, when he and Oettinger need long-term extensions, there will be a few more dollars available.

That’s not to say a long-term deal at this point is impossible, even if Friedman doesn’t believe it will happen. One relatively small trade could open up the room to go bigger and longer for Robertson, if the Stars decide that they are willing to go down that route. Either way, they’ll want their young star in training camp, which is now just a few weeks away.

Photo courtesy of USA Today Sports Images

Latest On New York Islanders Offseason

at CDT | by 14 Comments

It was no secret that in order to get better after last season’s disappointment, the New York Islanders needed to find a way to add scoring and get younger on the blueline. They managed to do one of those things, acquiring 22-year-old defenseman Alexander Romanov from the Montreal Canadiens in exchange for their 2022 first-round pick. However, the team was unable to, at least so far, address its lackluster offense. The Islanders had been connected to star free agents Johnny Gaudreau, who ultimately signed with the division-rival Columbus Blue Jackets, and Nazem Kadri who recently signed with the Calgary Flames.

Today on NHL Network, Sportsnet’s Elliotte Friedman discussed the Islanders with Bill Pidto, saying that while he believes they were interested in Kadri, they were never able to create the cap space to make it work. Interestingly, the Islanders actually have the fourth most salary cap space available according to CapFriendly, with just under $11.2MM available. However, the team does need to re-sign the recently-acquired Romanov, forward Kieffer Bellows, and breakout defenseman Noah Dobson. Between those three, it could command a large portion of their space. Though it may not take all of it, it would most likely bring them below the $7MM needed to, at the very least, match the offer Kadri accepted in Calgary.

To create that space, Lou Lamoriello could have opted to try to move one, or both of, wingers Josh Bailey and Anthony Beauvillier. Though both are solid contributors on Long Island, moving their $5MM or $4.15MM cap hits, respectively, could have created the space necessary to sign a dynamic player like Kadri. Given the cost for Calgary to trade away Sean Monahan, who had just one year left at $6.375MM, the price for the Islanders to move one of their forwards may have been too steep to make it worthwhile. Another option could have been to move goaltender Semyon Varlamov, who carries a $5MM AAV, but is playing behind star netminder Ilya Sorokin. However, Lamoriello made clear his intention to keep the veteran netminder.

Also of note, Friedman added that he does believe deals with Romanov and Dobson are already done, saying he believes Dobson’s deal “is a big number.” Friedman also believes Romanov’s contract could come somewhere in the $3MM AAV range. Having the deals done, but not announced, is in keeping with Lamoriello’s previous dealings, including last summer’s rather late announcements, most notably of a Kyle Palmieri contract. Although Friedman didn’t mention Bellows as having an agreed-upon deal, it is worth noting the winger was arbitration-eligible, but neither him nor the Islanders filed. This surely doesn’t mean a deal is done, but would be a curious choice if nothing had been agreed upon (or could simply indicate very amicable talks between the two).

Calgary Flames Sign Nazem Kadri

at CDT | by 38 Comments

The Calgary Flames may have lost Matthew Tkachuk and Johnny Gaudreau, but they certainly aren’t rebuilding. After trading Sean Monahan to the Montreal Canadiens to clear enough cap space, the team has signed free agent forward Nazem Kadri to a seven-year, $49MM ($7MM AAV) contract. PuckPedia has the full details:

  • 2022-23: $4.5MM salary + $2.5MM signing bonus
  • 2023-24: $4.5MM salary + $2.5MM signing bonus
  • 2024-25: $4.5MM salary + $2.5MM signing bonus
  • 2025-26: $4.5MM salary + $2.5MM signing bonus
  • 2026-27: $6.0MM salary + $1.0MM signing bonus
  • 2027-28: $7.0MM salary

Kadri, 31, came into the summer as one of the top free agents on the market after an incredible season with the Colorado Avalanche that included a career-high 87 points and resulted in a Stanley Cup championship. It’s not often a player of that caliber sits on the open market for more than a month but it appears as though the Flames and general manager Brad Treliving (whose birthday is today) are going to be the beneficiaries. Kadri comes to town along with Jonathan Huberdeau and MacKenzie Weegar, completely changing the look of the team and essentially replacing the production of Gaudreau and Tkachuk.

Treliving released the following statement:Nazem is a highly competitive top six player who makes our centre ice position deep. He brings a high skill level and determination to our group combined with his recent experience of a Stanley Cup championship. We look forward to welcoming Nazem and his family to Calgary and his contributions to our team’s ultimate success.

The issue some will point to is the age of the two-way pivot, who will turn 32 in October, and how he had never really come close to his 2021-22 level of production previously. While that is true, Kadri also offers some things outside his overall offensive production that can make him a valuable part of the team. A strong defensive player who has received Selke Trophy votes on three occasions, he is also willing to engage physically and has had a knack for scoring at clutch moments. Avalanche fans will fondly remember his first playoff run with the team when he led all postseason players with five game-winning goals in just 15 appearances.

Of course, as good as those two performances were, you can’t discuss Kadri without mentioning his other postseason escapades. Three times–twice for the Toronto Maple Leafs and once for Colorado–he has been suspended in the playoffs, arguably costing his team a chance at advancing. While he can say that part of his game is behind him, the most recent incident was just a year ago, and there’s no guarantee he won’t do something to jeopardize his team again in the future.

Still, adding a player like this to the mix keeps the Flames’ competitive window wide open, at least for the next couple of seasons. The Huberdeau extension and this long-term deal for Kadri will likely not end well, though, with the salary cap expected to increase significantly down the road, they at least will get some relief.

One other thing that might be brought up is how Kadri blocked a trade to the Flames just a few years ago, when the Maple Leafs tried to send him west in exchange for T.J. Brodie. The London, Ontario native explained that decision earlier this year in a piece for the Player’s Tribune, saying that it had nothing to do with Calgary and everything to do with trying to stay in Toronto, where he wanted to win. The Maple Leafs would end up sending him to Colorado, a team he couldn’t block, and signed Brodie in free agency instead.

The only way the Flames can afford a player like Kadri is by moving out considerable salary, and that’s what a Monahan trade represents. The 27-year-old forward has a $6.375MM cap hit for next season and has completely fallen off a cliff in terms of production over the last few years. Once a consistent 30-goal, 60-point center, Monahan had just eight goals and 23 points in 65 games this year while seeing his ice time drop to just 14 minutes a night. Injury has hampered his game significantly, and there’s no telling at this point if he’ll ever get back to being a top-six contributor.

Photo courtesy of USA Today Sports Images

Detroit Red Wings Sign Jake Walman

at CDT | by 1 Comment

Aug 11: The Red Wings have officially announced the contract, confirming the term and salary.

Aug 10: The arbitration period is over for the 2022 offseason. Jake Walman, who was the final hearing scheduled, has settled his case with the Detroit Red Wings after exchanging figures yesterday. The two sides have agreed to a one-year, one-way, $1.05MM contract according to Elliotte Friedman of Sportsnet. Walman had filed for $1.75MM, while the Red Wings had filed for a two-way, $775K contract.

It’s now prove-it time for Walman, who was part of the return for Nick Leddy at the trade deadline and has just 76 games under his belt at the NHL level. The 26-year-old suited up 19 times for the Red Wings down the stretch and recorded four points, seeing more ice time than he had ever received in St. Louis.

Whether that opportunity continues remains to be seen, after the Red Wings added several defensemen this offseason, including Ben Chiarot, Olli Maatta, Mark Pysyk, and Steven Kampfer. That’s not even mentioning the young prospects who will soon be pushing for playing time, meaning Walman will have to deliver if he wants to stay in the lineup.

A third-round pick of the Blues in 2014, he notably received time on both the powerplay and penalty kill after arriving in Detroit. As that kind of do-it-all depth option, he could find a nice home on the Red Wings moving forward. This deal will take him right to unrestricted free agency next summer though, meaning he’s playing for his future from the moment training camp starts.

After resolving their arbitration case, the Red Wings will receive a short buyout window later this week.

Detroit Red Wings, Jake Walman File Arbitration Figures

at CDT | by 5 Comments

With their hearing set for Thursday, the Detroit Red Wings and Jake Walman have filed arbitration figures. The team is looking for a two-way deal that would pay Walman $775K in the NHL and $225K in the AHL, while Walman has filed for $1.7MM, according to Elliotte Friedman of Sportsnet.

Remember, there is almost always a significant gap between the two asks. Unlike some other sports, the neutral arbitrator does not need to pick one side or the other in the hearing, and can instead award a salary somewhere between the two. So far, only Yakov Trenin has seen his arbitration process reach a hearing. The Predators forward received a deal worth $1.7MM, between the team filing of $1.35MM and his own of $2.4.

Unlike in Trenin’s case, when the Predators chose a two-year award, the Red Wings only have the option for a one-year contract with Walman, as he is now 26 and just a year away from unrestricted free agency. He also doesn’t have much of an arbitration case, having played just 76 games in the NHL.

Still, if it gets to a hearing, the two sides will have to stop negotiating. A change in the CBA from 2020 made it so that once a hearing begins, the player is no longer able to agree to another deal. The clock is ticking for Walman and the Red Wings if they want to get a multi-year deal done.

This is the final arbitration case to be heard this summer.

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

scroll to top