Eric Nystrom

Salary Cap Deep Dive: Nashville Predators

September 10, 2017 at 4:50 pm CDT | by Holger Stolzenberg Leave a Comment

Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2017-18 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Nashville Predators

Current Cap Hit: $68,913,333 (under the $75MM Upper Limit)

Entry-Level Contracts

F Kevin Fiala (Two years remaining, $863K)
G Juuse Saros (One year remaining, $693K)

Potential Bonuses

Fiala: $500K
Saros: $183K

Total: $683K

A team that is designed for a Stanley Cup run probably shouldn’t have too many players on entry level contracts and the Predators have just the two. Fiala is the team’s top young potential star as the former 2014 first-rounder found himself getting called up to the Predators and logged 54 games last year, scoring 11 goals. He even managed to cement himself in the starting lineup and played in five playoff games, scoring two goals, but then broke his femur and his playoffs were cut short. Nevertheless, the team is expecting a big year from the young wing and some even have him penciled in on the team’s second line. As for Saros, the 22-year-old goalie had a pretty good showing last year, playing in 21 contests (19 starts) and putting up a 2.35 GAA and a .923 save percentage. He should be able to shoulder the load as the backup and right now looks to be Nashville’s goaltender of the future.

One Year Remaining, Non-Entry-Level

D Alexei Emelin ($3MM, UFA)
F Scott Hartnell ($1MM, UFA)
F Cody McLeod ($800K, UFA)
D Yannick Weber ($650K, UFA)
D Matt Irwin ($650K, UFA)
D Anthony Bitetto ($613, UFA)
F Miikka Salomaki ($613K, RFA)

The team, already immersed in quality defenders, picked up another veteran defender in Emelin this offseason in a trade with the Vegas Golden Knights, who picked him from the Montreal Canadiens in the expansion draft. A solid veteran, Emelin, should fill in for the injured Ellis until he returns in December and then provide some veteran depth throughout the rest of the season, which should keep Nashville’s defensive corps as strong as it had always been and he will likely be allowed to move on when his contract expires next year.

Hartnell returns to Nashville after 10 years. Originally drafted in the first round by Nashville in 2000, the 35-year-old forward played six years for the Predators before being traded to Philadelphia. He has scored 314 goals, but only managed 13 in his last year in Columbus. The team hopes his presence will spark the team for another Stanley Cup run. The rest, including Weber, Irwin and McLeod

Two Years Remaining

G Pekka Rinne ($7MM, UFA)
D Ryan Ellis ($2.5MM, UFA)
F Pontus Aberg ($650K, RFA)
F Colton Sissons ($625K, RFA)

Two years from now, Rinne’s who has been with the franchise since 2005, will be 36 years old and while he’s still playing well, he’s also beginning to slow down. Do they have an heir apparent ready to take over in Saros? It’s too early to tell, but unless he’s playing out of his mind still in two years, the team will most likely have to find a replacement in net. However, the team hopes he can keep it together for another couple of years for another chance at a Stanley Cup run.

Ellis went down with a knee injury during the playoffs, but continued to play. However, after offseason knee surgery, the 26-year-old defender will be out until January. Regardless, the defenseman is an outstanding defender and was listed by NHL.com as one of the top 20 defenseman in the league last year. His offensive numbers continue to improve as well as he had career highs with 16 goals and 38 points. Even with the injury, his $2.5MM deal for two more years is a bargain.

Aberg and Sissons are both restricted, so re-signing them shouldn’t be too big of a problem. Both are depth players with potential as Aberg has had little NHL experience, but scored 31 goals last year for the AHL’s Milwaukee Admirals. He then got into 15 games for the Predators, scoring two points, but took off in the playoffs, putting up two goals and five points in 16 games. Sissons had just eight goals in 58 games last year, but then put up 12 points, including six goals in the playoffs, so the 23-year-old could be a player who could have an improved year.

Three Years Remaining

F Craig Smith ($4.25MM, UFA)
D Roman Josi ($4MM, UFA)
F Austin Watson ($1.1MM, UFA)
F Frederick Gaudreau ($667K, UFA)

The 28-year-old Smith has been with Nashville from they day he was drafted in 2009 and he developed into a solid 20-goal scorer. In 2015, after scoring 47 goals in two years, he was rewarded with a five-year, $21.3MM deal. After a 12-goal season last year, his deal looks like one of the team’s worst deals. The team hopes he bounces back and returns to form. Josi, on the other hand has been one of the top defensemen in the league and is a bargain at $4MM per year. At 27 years old, Josi puts up big numbers and while last year’s numbers of 12 goals and 37 assists were below his usual standards, he made up for it with strong defense. Watson still has much to prove, but is likely to hold onto a fourth-line position this year. He only had 17 points in 77 games, but was a scorer with the AHL’s Milwaukee Admirals and at age 25 has time to develop his skills.

Four Or More Years Remaining

D P.K. Subban ($9MM through 2021-22)
F Ryan Johansen ($8MM through 2024-25)
F Filip Forsberg ($6MM through 2021-22)
F Viktor Arvidsson ($4.25MM through 2023-24)
F Nick Bonino ($4.1MM through 2020-21)
D Mattias Ekholm ($3.75 through 2021-22)
F Calle Jarnkrok ($2MM through 2021-22)

Like a high-end general manager David Poile has locked up all his talent long-term with the idea of making long playoff runs the norm in Nashville. While Subban is already half-way through the eight-year, $72MM deal he signed in Montreal in 2014, he is the physical presence the team’s defense needs. He had 10 goals and 40 points, but was always there to shut down the other team’s top offensive player. Johansen just received his eight-year, $64MM deal in July and he did that with 14 goals and 47 assists last year. The team’s number one center added another three goals and 10 assists in the playoffs until he had to undergo emergency thigh surgery.

Forsberg has also been a key scorer for the team as the 23-year-old scored 31 goals last year and 90 goals in the past three seasons. A first-round pick in 2012, he is an integral piece to the team’s top scoring line along with Arvidsson, who is also locked up long-term. The 24-year-old had a breakout season last year, putting up 31 goals and 30 assists. He only had 16 points in 58 games a year ago.

The team went out and stole Bonino away from the Stanley Cup winning Pittsburgh Penguins. The 29-year-old gritty center had 18 goals and 19 assists for the Penguins a year ago, but $4.1MM a year for a 18-goal scorer seems exorbitant, assuming he even can be a second-line center. Ekholm is another quality defender on the team, who will have to pick up the slack with Ellis out, but the defensive defender is a key piece to the team. Jarnkrok’s long-term, short-money deal seems nice for a 25-year-old who has scored 31 goals combined in the last two seasons. If he can take it up one more notch, they will have themselves a steal.

Buyouts

F Viktor Stalberg ($1.17MM in 2017-18 and 2018-19)
F Eric Nystrom ($1MM in 2017-18)
D Barret Jackman ($667K in 2017-18)

Retained Salary Transactions

None

Still To Sign

None

Best Value: Josi
Worst Value: Bonino

Looking Ahead

Poile has done an excellent job of putting together a team that can make a long run at a Stanley Cup. They have the defense and the firepower to do that, as well as the fact that almost everyone is locked up for three years or more. They do have a limited time with Rinne in goal, but besides that the team should prove to be a perennial contender for the next few years.

Dead Space: Bought-Out, Buried, And Retained Salaries For Every Team

July 24, 2017 at 7:13 pm CDT | by Seth Lawrence 3 Comments

It’s something that often goes unnoticed, but with the cap showing minimal growth the last few years, teams are starting to feel the crunch more than ever. Buyouts have become more common, especially with players with under three remaining years on their contracts. And it’s not just the big name busts that have seen the ax lately – we’ve seen lesser names at lesser money take the fall for their respective teams, then needing to scramble for work elsewhere in the league. Additionally, salary retention in trades has become a more utilized tactic as of late. Teams with “unmovable” contracts have offered to retain part of a poor contract in order to entice a team into giving them some relief.

All this said, some teams have been better with foresight than others. Some teams have shown a track record of being entirely unable of handing out poor contracts over the past five or so seasons. Considering many teams showed some progress in being more frugal this off-season, it seems a wise time to review the dead space every team has accumulated, either due to poor management decisions or poor luck.

Colorado Avalanche – $4.83 MM in 2017-18, issues resolved after current year – Francois Beauchemin buyout; Cody McLeod retained

Arizona Coyotes – $4.61 MM in 2017-18, issues resolved after 2020-21 – Mike Smith retained; Mike Ribeiro, Antoine Vermette buyouts

Columbus Blue Jackets – $4.025 MM in 2017-18, issues resolved after 2020-21 – Fedor Tyutin, Jared Boll, Scott Hartnell buyouts

Carolina Hurricanes – $3.71 MM in 2017-18, issues resolved after 2020-21 – Eddie Lack retained; Alexander Semin, James Wisniewski buyouts

Toronto Maple Leafs – $3.28 MM in 2017-18, issues resolved after 2021-22 – Tim Gleason, Jared Cowen buyouts; Phil Kessel retained

Nashville Predators – $2.83 MM in 2017-18, issues resolved after 2018-19 – Viktor Stalberg, Eric Nystrom, Barret Jackman buyouts

Boston Bruins – $2.73 MM in 2017-18, issues resolved 2019-20 – Dennis Seidenberg, Jimmy Hayes buyouts

New York Rangers – $2.61 MM in 2017-18, issues resolved after 2022-23 – Dan Girardi buyout

Minnesota Wild – $2.5 MM in 2017-17, issues resolved after current year – Thomas Vanek buyout

Los Angeles Kings – $2.4 MM in 2017-18, issues resolved after 2023-24 – Matt Greene buyout; Mike Richards termination/recapture

Edmonton Oilers – $2.33 MM in 2017-18, issues resolved after 2020-21 – Lauri Korpikoski, Benoit Pouliot buyouts

Anaheim Ducks – $2.21 MM in 2017-18, issues resolved after 2023-24 – Mark Fistric, Simon Despres buyouts; Patrick Maroon retained

Vancouver Canucks – $2.13 MM in 2017-18, issues resolved after 2021-22 – Roberto Luongo, Jannik Hansen retained; Chris Higgins buyout

New Jersey Devils – $2.09 MM in 2017-18, issues resolved after 2023-24 – Mike Cammalleri, Devante Smith-Pelly buyouts; Ilya Kovalchuk recapture

Tampa Bay Lightning – $1.83 MM in 2017-18, issues resolved after 2019-20 – Matt Carle buyout

Calgary Flames – $1.82 MM in 2017-18, issues resolved after 2018-19 – Mason Raymond, Lance Bouma, Ryan Murphy buyouts

Detroit Red Wings – $1.67 MM in 2017-18, issues resolved after 2020-21 – Stephen Weiss buyout

Dallas Stars – $1.5 MM in 2017-18, issues resolved after 2018-19- Antti Niemi buyout

Philadelphia Flyers – $1.5 MM in 2017-18, issues resolved after current year – R.J. Umberger buyout

Winnipeg Jets – $1.46 MM in 2017-18, issues resolved after 2018-19 – Mark Stuart buyout

Florida Panthers – $1.33 MM in 2017-18, issues resolved after 2018-19 – Jussi Jokinen buyout

Las Vegas Golden Knights – $1.1 MM in 2017-18, issues resolved after current year – Alexei Emelin retained

Ottawa Senators – $350,000 in 2017-18, issues resolved after current year – Andrew Hammond buried

Buffalo Sabres – Minimal in 2017-18, increased issues ($791,00) resolved after 2022-23 – Cody Hodgson buyout

Chicago Blackhawks, St. Louis Blues, Washington Capitals, Pittsburgh Penguins, New York Islanders, San Jose Sharks, Montreal Canadiens – No dead cap space

After compiling the list, it became clear that utilizing these options isn’t a complete hindrance to competing in the NHL. In fact, most clubs have between $1 MM and $3 MM in dead space. That said, of the teams that have not needed to utilize the buyout or retention options, there has been a great deal of success. And among the five worst offenders, the Leafs, Hurricanes, Blue Jackets, Avalanche, and Coyotes, none has moved past the first-round in multiple years. It’s hard to draw massive conclusions without taking the context of each individual situation into account, but there is something to be said for making every dollar of cap space count. Perhaps this is merely a byproduct of past success rather than an indicator of future success, but considering how amenable many managers have become to the option, it bears consideration.

(All totals courtesy of the fantastic CapFriendly.com)

Eric Nystrom Making A Comeback

January 20, 2017 at 4:52 pm CDT | by Zach Leach Leave a Comment

The last word out of Eric Nystrom was that his NHL opportunities had dried up and he was considering retirement. The ten-year NHL veteran had been bought out by the Nashville Predators and cut from his preseason tryout deal with the St. Louis Blues, and could not find a contract – NHL, AHL, PTO or otherwise – in North America. He was considering joining his father, former NHLer Bobby Nystrom, in the insurance business. That was in early November; fast-forward to now and there has been no noise out of the Nystrom camp as no NHL teams have come calling due to injury and no foreign teams have lined up for his services. That is, until now.

Nystrom officially signed with the Oilers today (spoiler: link in Norwegian). No, not the Edmonton Oilers, but the Stavanger Oilers in Norway. Nystrom played with the team in 2012, prior to the resolution of the NHL lockout, and is now set to return. When Nystrom was there five years ago, the fans fell in love with him as he scored 14 points in just six games and dazzled the home crowd. The team is very excited to bring back not just a great talent, but also a “solid character” (translated from Norwegian). The Oilers currently sit atop the Norwegian Elite League, or “Get Ligaen” with 77 points, eight points ahead of their closest competitor. They also boast two of the league’s top three scorers in fellow Americans Mark Van Guilder and Dan Kissell, teammates at Notre Dame University in the mid-2000’s whose NCAA success didn’t translate to the pro game. However, Nystrom should step in and become the best player on the team and in the entire league right away, as the Stavanger Oilers appear poised to roll to a league championship.

Should Nystrom really impress in Norway, which in terms of international leagues is likely outside the top five in competition level, he might be able to get another shot at the NHL. He will have to really light it up, though. The tenth overall pick by the Calgary Flames in 2002, Nystrom had a long, successful career, but nowhere near the one expected of him with that selection. Nystrom made a living off of being a reliable bottom-six forward, capable of scoring 10-15 goals a year, but not much more. A hard-working, gritty player who excelled on the penalty kill and could hit and block shots, Nystrom’s value came in his two-way ability. He certainly is a “solid character” as well. However, aging defensive forwards are not at the top of NHL wish lists, and Nystrom is fresh off being bought out by Nashville after seeing his ice time cut and scoring just seven goals in 46 games last season. Unless Nystrom can change everyone’s minds with a strong offensive and defensive stint in Norway, his comeback may be limited to just the Stavanger Oilers. However, a great veteran leader with strong work ethic can often find a way.

Eric Nystrom Considering Retirement

November 11, 2016 at 5:45 pm CDT | by Glen Miller Leave a Comment

Earlier today we discussed the likelihood that former Penguins forward Tyler Kennedy would retire given the lack of NHL opportunities that have come his way. Now Adam Vingan of The Tennessean brings us the story of another veteran NHL forward currently contemplating hanging up his skates.

Eric Nystrom, a veteran of 10 NHL seasons, was in camp with St. Louis on a professional tryout agreement but failed to make their final roster and has presumably not received any other offers to his liking. He played the previous three seasons with Nashville but was bought out of the final year of his four-year contract by the Predators on June 29th.

Calgary’s first round pick in the 2002 draft, Nystrom has known for a while the end was drawing near:

“I had been preparing for that the past year or so. It comes quick. After I got released from the (tryout), I just didn’t know really where to go or what to do.”

As Nystrom suggests, it’s not necessarily recognizing when it’s time to leave the game that’s the problem; it’s deciding what to do with your life afterward. Nystrom’s former coach at the University of Michigan, Red Berenson, knows many players find it difficult to transition to a life away from hockey:

“Hockey, it might be in their future, and it might be long-term, but it might be short-term. But nevertheless, there’s life after hockey, and what you want to do about it is the difficult thing.”

Nystrom does have one advantage many NHLers don’t, as Vingan notes. Bobby Nystrom, Eric’s father, appeared in 900 regular season games for the New York Islanders during a career spanning 14 seasons and was part of four Stanley Cup winning teams. Since retiring in 1986, Bobby has moved into the insurance business and should be able to help guide his son into a post-playing career.

It’s always possible a team experiences an injury to a regular contributor and delves into the free agent market looking for experienced depth. At that point Nystrom might be among the more appealing options available. While he never quite lived up to his draft standing, Nystrom has served as a versatile, checking-line winger for a decade at the NHL level and could provide the same to any number of teams as the season wears on.

If this is indeed the end, Nystrom – Eric, that is – will finish his NHL career with 75 goals and 123 points in 593 games across 10 seasons. In addition to appearing with Nashville and Calgary, Nystrom suited up for San Jose and Dallas during his career.

Analyzing Chances Of Blues Tryouts To Make Team

September 14, 2016 at 10:45 am CDT | by Glen Miller 1 Comment

Last year, both Scottie Upshall and Scott Gomez earned jobs with St. Louis after coming to camp on a tryout basis. While Gomez didn’t make it through the year with the club, Upshall performed well enough to earn a second one-year deal with the Blues. St. Louis appears to be going back to that well again by inviting six players to camp on PTO agreements. Those in search of a job with the Blues are Yan Stastny, Chris Porter, T.J Galiardi, Eric Nystrom, Scooter Vaughan and Mike Weber.

Writing for the St. Louis Post Dispatch, Jeremy Rutherford provides a closer look at each of the six players invited to camp. Included in the post are comments from Blues head coach Ken Hitchcock. Those comments provide unique insight into the odds faced by each of the players attempting to make the 2016-17 Blues.

The Blues lost team captain David Backes and veteran power forward Troy Brouwer as free agents this summer. But the team acted quickly by signing David Perron to fill a hole on the wing. St. Louis also expects Vladimir Sobotka to return this season from the KHL and play a regular role with the Blues. That would seem to limit the opportunities for a forward to earn a job.

The team’s blue line is also stocked with enough quality players to fill all six regular slots, as the team’s depth chart on Roster Resource shows. Robert Bortuzzo is listed currently as the team’s seventh option on defense and he’s a decent fit for that role. Additionally, the team has their 2012 first-round pick, Jordan Schmaltz, waiting in the wings. The North Dakota product made his pro debut in 2015-16 with Chicago of the AHL and tallied 36 points in 71 games for the Wolves.

Stastny, the older brother of St. Louis center Paul Stastny, last appeared in the NHL way back in 2009-10, seeing action in four games with the Blues. For his career Stastny has scored just 16 points in 91 games. His presence is likely more about giving Paul a chance, albeit a brief one, to suit up on the same squad as his brother than it is about trying to find a diamond in the rough.

Hitchcock appreciates Yan’s intelligence but admits it’s going to be an uphill battle for the elder Stastny brother to make the team given how long he has been out of the league.

“With the way our team is built, the thing that impresses you about him is his smarts. To me there is always room for intelligence, and he’s a very, very intelligent player. The challenge for Yan is having not played in the league for a little while, how is he going to feel about the pace of practices and games.”

Porter appeared in parts of six seasons with the Blues but participated in no more than 47 games or scored more than eight points in any single campaign. He spent this past season with Minnesota, who claimed the forward off of waivers from Philadelphia. The Flyers had inked Porter to a one-year deal last summer.

One advantage Porter has is his familiarity with Hitchcock and new assistant head coach Mike Yeo, having played under both coaches with the Blues and Wild respectively.

“There’s a real trust with Chris’ game and now he’s got familiarity with both coaching staffs, ourselves and also the guys coming in from Minny. So there’s a real comfort level with him.”

Galiardi burst onto the NHL scene as a 21-year-old with Colorado during the 2009-10 campaign. Skating in 70 games with the Avalanche, Galiardi tallied 15 goals and 39 points in his first full season in the league. Since that impressive rookie year, Galiardi has failed to record either double-figures in goals or exceed 17 points in any single campaign.

Of course Galiardi was a teammate and sometimes a linemate of Paul Stastny when both were members of the Avalanche organization. That experience combined with Galiardi’s speed and skill could increase his chances of making the team in a depth role.

“We know his chemistry, playing with Paul (Stastny) in Colorado. He was a really good third-line player in the National Hockey League, and if he comes to camp and plays with an edge, based on his skating ability and his skill, he has a chance to make an impression.”

Nystrom, chosen 10th overall in the 2002 draft by Calgary, never developed much of an offensive game but adds plenty of grit and toughness to the lineup. Hitchcock knows Nystrom well as each has spent the last six seasons toiling in the Central Division, albeit for different clubs.

“Knowing him and having coached against him, every game is going to feel like his first and last, and our feeling is he’s going to want to make a real impression.”

You can never have too much blue line depth and that mantra gives Weber a realistic shot of making the Blues despite the appearance their defense corps has plenty of quality players. Weber, a veteran of 351 NHL games – all but 10 as a member of the Buffalo Sabres – plays a simple game and competes with a bit of an edge. Considering the praise Hitchcock bestowed upon Weber, it would seem as if he has an excellent chance to make the Blues, assuming he turns in a solid performance in camp.

“We really like ’Webs.’ We know him from coaching against him last year. He’s a guy that is really good at killing penalties, he’s really strong in his coverage responsibilities and he’s really dependable from a competitor standpoint. Another honest guy that you want to give a shot too.”

Finally, Vaughan would seem to be a real long shot to make the team and appears to be an organizational depth guy. After finishing up his senor season at the University of Michigan, Vaughan began his pro career with the Wheeling Nailers of the ECHL in 2011-2012. Since his pro debut, Vaughan has gone on to suit up in 70 more ECHL games and 190 in the AHL for the Islanders and Blues organizations.

Vaughan is listed as both a defenseman and a right-wing, suggesting his versatility might be a strong selling point. He’s never been much of an offensive producer in the minor leagues, notching a career-best 20 points in 50 games for South Carolina in the ECHL during the 2012-13 season. Hitchcock seemed to confirm the odds are likely stacked against Vaughan in his quest to make the NHL this year with the Blues.

“Multi-dimensional, competitive as heck, a hockey player that really helped (with the Chicago Wolves) a lot and that didn’t go unnoticed by the team here.”

“It’s up to them,” he said. “This is 100 percent up to each guy individually, it’s not up to the coaches. Guys that have come in have earned jobs. This is all about winning, and if any of these guys look like they can help us win hockey games, then it’s up to us to make space for them.”

It’s difficult to envision there being a regular role available for any of these players to earn even with an outstanding training camp. But every team needs quality depth and St. Louis is well aware that you can find solid contributors via the PTO. The guess here is Weber and Nystrom have the best chances to make the team out of camp. Hitchcock is an old-school coach and values grit and toughness, qualities both players bring to the table.

Three More Players Receive PTOs

September 8, 2016 at 4:22 pm CDT | by Gavin Lee Leave a Comment

According to James Mirtle of the Globe and Mail, Adam Pardy and Justin Fontaine weren’t the only two players to receive professional tryouts today. Eric Nystrom and Yan Stastny have both signed with St. Louis, while Zach Boychuk has signed with Arizona.

Nystrom, the most well-known of the bunch, has played in 593 NHL games over ten seasons, scoring 123 points along the way. The winger is coming off a career-low seven points last season, recording zero assists in 46 games for Nashville.

Stastny, the elder brother of St. Louis standout Paul Stastny and son of Hall of Famer Peter Stastny, has never had the raw talent or success of his family members. Never really being able to crack an NHL lineup for long, he’s spent the last few seasons in Europe, playing in the KHL, DEL and SEL.

Boychuk on the other hand, has performed very well in his AHL career so far, scoring 317 points since debuting in the league in 2009. Suiting up for 127 NHL games, the 26-year old has yet to find a consistent spot on any team, never playing in more than 31 in a single season.

Latest Buyouts: Raymond, Nystrom, Stuart

June 29, 2016 at 11:11 am CDT | by Gavin Lee Leave a Comment

With the buyout deadline of 4pm CST fast approaching, the league has started churning out names that will see their contracts terminated. Here is the latest:

Elliotte Friedman reports that Calgary winger Mason Raymond has been placed on waivers and will be bought out. The 30-year old had a single season at $3.15MM left on his deal and will incur a $1.05MM cap-hit for next year.
Also from Friedman, the Predators have decided to buyout Eric Nystrom, the 33-year old winger who scored just 7 points in 46 games for the club last season. His contract was set to expire after next season and had $2.5MM left on it. The Preds will take the $500K cap hit this year, and deal with the $1MM left next season.
As reported two days ago, Brad Stuart was placed on waivers for the purpose of buying him out. Friedman and Bob McKenzie tell us that he’s now cleared them and will indeed be bought out today.
The Blue Jackets have announced that they have bought out the final two seasons of Fedor Tyutin’s deal that was worth almost $9MM. For a team desperate for salary relief, this will give them close to $3.3MM in cap room for 2016-17.

Predators Considering Nystrom Buyout

June 28, 2016 at 10:49 am CDT | by natebrown Leave a Comment

Brooks Bratten tweets that the Predators are currently working to trade or buy out the contract of forward Eric Nystrom. The 33-year-old center currently has a cap hit of $2.5MM, but a buyout according to CapFriendly would save the Preds $2MM in the upcoming season. Bratten also indicated that the Preds would be letting Carter Hutton go to free agency.

Nystrom was signed to a four-year, $10MM deal prior to the 2013-14 season. Though he had 21 points in his first season (15-6) as a Predator, including a 4-goal game, Nystrom’s numbers fell each season after 2013-14.

Last week, Adam Vignan reported that the Preds were trying to deal the contract away prior to the draft. With no takers, it appears that the Predators will entertain a buyout.

Buyout Candidates: Higgins, Nystrom, Vanek

June 19, 2016 at 4:35 pm CDT | by Brian La Rose Leave a Comment

The NHL buyout window is now open but so far only two players have been added to the pending free agent market, Jared Cowen and R.J. Umberger, formerly of Toronto and Philadelphia respectively. As we get closer to the June 30th deadline, several more will join them. Here are a trio of players that are prime candidates to receive a buyout:

Chris Higgins (Vancouver): Higgins had a disastrous year with the Canucks. He followed up a 36 point campaign in 2014-15 with just three goals and an assist in 33 games last year before clearing waivers and being demoted to the American Hockey League. He fared a bit better down there, collecting 13 points in 22 contests but that still comes nowhere close to justifying a $2.5MM contract. Vancouver would only receive $950,000 in cap savings if they were to bury his contract in the minors again next season but would save over $1.6MM this season if they buy him out. Of course, they’d be saddled with a small cap charge in 2017-18 as well.

Buyout Cap Charges: $833,333 in both 2016-17 and 2017-18.

Eric Nystrom (Nashville): Predators GM David Poile has already acknowledged that a buyout is possible for the 33 year old winger if they can’t find a trade for him in the coming days. Nystrom has scored just seven goals in each of the last two seasons (after scoring 15 in his first year with Nashville) and is entering the final year of a four year deal signed back in 2013. If he is bought out, he could still potentially catch on in a fourth line/depth role with another team but it would be at a considerable pay cut from the $3MM in salary (and $2.5MM cap hit) he’s owed for 2016-17.

Buyout Cap Charges: $500,000 in 2016-17 and $1MM in 2017-18. This is due to the back loading of salary in his contract.

Thomas Vanek (Minnesota): Vanek had a down year by his standards last season, picking up 41 points in 74 games with the Wild, equalling the lowest output of his career (he previously had 41 points in 2012-13 but played just 38 games that year). He’s owed $7.5MM in salary with a $6.5MM cap charge for 2016-17, a sum that could be deemed too pricey, especially if GM Chuck Fletcher has eyes on making an impact signing in free agency. Minnesota is fairly tight to the cap and has several important restricted free agents which makes Vanek a candidate to fall victim to their cap situation.

Buyout Cap Charges: $1.5MM in 2016-17 and $2.5MM in 2017-18. This is due to the back loading of salary in his contract.

Headlines