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Erik Karlsson

West Notes: Karlsson, Chychrun, McDonough

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With Timo Meier already out the door, many have wondered if even more big changes will be coming to the San Jose Sharks before Friday’s trade deadline. More specifically, many have wondered if two-time Norris Trophy winner and leading defensive scorer Erik Karlsson could be traded. According to Karlsson himself, it doesn’t seem like that’s going to be a possibility. In speaking to The Athletic’s Corey Masisiak, Karlsson said “it would be weird” if Sharks GM Mike Grier asked him to waive his no-trade clause just a few days before the deadline, indicating that it would be a complete shock at this point if he were dealt in the next few days.

While the 32-year-old has had a vintage season (he’s on pace to score 105 points) Karlsson’s $11.5MM cap hit through the 2026-27 season has seemingly presented a significant obstacle toward finding an agreeable trade. The Edmonton Oilers have been widely rumored as having had interest in acquiring Karlsson, only for any trade talks to stall once the issue of retained salary came under the microscope. Despite his stellar play, it could be the Sharks’ reported unwillingness to retain a major chunk of Karlsson’s average annual salary (more than $1-2MM per year) that has thrown a wrench in any blockbuster mid-season deal happening.

  • With Karlsson seemingly off the market, the top defenseman on the market before Friday’s deadline is widely considered to be Arizona Coyotes blueliner Jakob Chychrun. The Fourth Period’s David Pagnotta issued an update on Chychrun’s status, tweeting that trade “talk has picked up,” although no trade is expected to be imminent. He also adds that the Washington Capitals, Los Angeles Kings, and Carolina Hurricanes are “three of the teams very much in the mix” to acquire Chychrun.
  • Northeastern University captain Aidan McDonough has had a strong senior season for the Huskies, scoring 36 points in 31 games, and is nearing a significant decision regarding his professional career. He’ll have the ability to choose his pro destination this summer and could potentially sign with a different team besides the Vancouver Canucks, the club that selected him 195th overall at the 2019 draft. Per CHEK’s Rick Dhaliwal, McDonough “is still very open to signing in VAN,” and his ultimate decision is “not far away.” It’s likely that quite a few teams would be interested in adding McDonough, so should Vancouver get him it would be a quality addition to their prospect system.

West Notes: Karlsson, Kane, Krug

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Edmonton Oilers fans’ dreams of two-time Norris Trophy winner Erik Karlsson being traded to oil country might have to wait to become a reality. David Pagnotta of The Fourth Period is reporting that a deal between the Oilers and San Jose Sharks for Karlsson is considered “unlikely,” for mainly financial reasons. Pagnotta reports that while the Sharks are willing to retain two or three million dollars off of Karlsson’s deal, the Oilers want the Sharks to retain a more significant portion, around $5MM, if not more.

As a result, Pagnotta says that “it sounds like there haven’t been any recent serious discussions between the two clubs as a result” of those financial disagreements. The rationale for the Oilers to want to acquire Karlsson is very real, as he’s a Norris Trophy frontrunner with 76 points in 58 games. But asking San Jose to take on such a large number of dead cap dollars for the foreseeable future is a major ask, and it’s understandable that the Sharks balked at the prospect of making such a deal. According to Pagnotta, the Oilers could be pivoting to new targets, such as Anaheim Ducks defenseman John Klingberg, and Arizona Coyotes blueliner Shayne Gostisbehere.

Some other notes from across the Western Conference:

  • As relayed by NBC Sports’ Charlie Roumeliotis, Chicago Blackhawks GM Kyle Davidson gave an update on the team’s situation with top trade candidate Patrick Kane. Davidson said that he is in “constant contact” with Kane’s representatives, but hasn’t yet heard a decision on whether Kane wants to be dealt and is willing to waive his trade protection. While Kane has had some health issues and scored less than he’d likely have hoped he would, his decision on a trade is still one of massive importance, as Kane is likely at or near the top of quite a few contending teams’ trade deadline wishlists.
  • The St. Louis Blues announced that defenseman Torey Krug left tonight’s game against the Carolina Hurricanes with a lower-body injury. It’s another stroke of bad luck for Krug, who has dealt with lingering injury issues recently. Krug’s performance this season has mirrored the Blues as a whole: inconsistent and largely disappointing. The veteran defenseman, who is on a $6.5MM AAV contract through 2027, has scored just 22 points in 40 games, a decline from last season when he scored 43 points in 64 games. Hopefully, this injury is not connected to what Krug has been dealing with in recent weeks and this absence was just a precautionary measure.

Snapshots: Sharks, DeBrusk, Smith

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The San Jose Sharks may be prepared to buck a recent trend among the NHL’s sellers. Head coach David Quinn has not talked to the team’s general manager, Mike Grier, about benching players for trade-related reasons, he told reporters, including The Athletic’s Corey Masisak, today.

Quinn emphasized that both of the Sharks’ high-profile trade targets, Timo Meier and Erik Karlsson, are currently under contract or team control for the next season, and the team is not obligated to trade them by the March 3 trade deadline. However, given the fervent pace of recent rumors surrounding both players, it would be shocking if neither were moved. While the financial hurdles to a Karlsson trade are understandable, Meier’s status as a pending restricted free agent gives his acquiring team some control in dictating his financial future, and a trade seems inevitable.

  • Boston Bruins head coach Jim Montgomery is reportedly optimistic about the return of winger Jake DeBrusk, says The Boston Globe’s Kevin Paul Dupont. DeBrusk has been out of the lineup since January 2 due to a fractured fibula and is two weeks behind schedule. Still, Montgomery is hopeful that he’ll be able to return for their game against the New York Islanders on Saturday. DeBrusk’s return will be a welcome addition to the Bruins lineup, as his 0.83 points per game rank fourth among Bruins forwards. He’s excelled with significant playing time on the top line alongside Brad Marchand and Patrice Bergeron.
  • In a puzzling move, the Tampa Bay Lightning today loaned forward Gemel Smith to the Henderson Silver Knights, the AHL affiliate of the Vegas Golden Knights. Tampa’s affiliate, the Syracuse Crunch, announced the news this afternoon. Smith hasn’t played with the Lightning this season, but has lit up the minors with 37 points in 35 games with Syracuse thus far. It’s unclear what, if any, compensation Syracuse might receive for losing their third-leading scorer to a different organization.

Snapshots: Three Stars, Francouz, Forsberg

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The NHL released its Three Stars for last week, led by New York Rangers superstar Artemi Panarin. The 31-year-old winger had nine points in four games including a five-point effort against the Carolina Hurricanes in a very important game. With that, he’s up to 59 points in 53 games and once again on pace to break 90 this season.

Even that might not catch second place though, as Erik Karlsson once again gets a star as his incredible season continues. The San Jose Sharks defenseman is up to 73 points on the season, an 82-game pace of 110 points. It’s hard to follow that, but Clayton Keller did his best to earn third, after scoring seven points in three games for the Arizona Coyotes. Despite the Coyotes’ struggles, Keller has a chance to set career highs in goals and points this season.

  • The Colorado Avalanche have listed Pavel Francouz out with a lower-body injury, and recalled Jonas Johansson from the AHL to replace him. It is not clear how long the former will be out, but it likely means that Alexandar Georgiev will be starting tomorrow’s game against the Tampa Bay Lightning. With the Avalanche on a back-to-back Wednesday in Minnesota, Johansson’s services may be required.
  • After Anton Forsberg needed a stretcher to leave the ice for the Ottawa Senators, the worst was feared. Bruce Garrioch of Postmedia gives something of a promising update though, reporting that the veteran goaltender will actually not require surgery on his knees. His recovery timeline is set at two to three months as he recovers from MCL tears in both legs.

Sharks And Oilers Discussing Erik Karlsson Trade

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02/12/23: On the 32 Thoughts segment of yesterday’s Hockey Night in Canada broadcast, Sportsnet’s Elliotte Friedman issued the following update on Karlsson and the Oilers, stating: “for this to work, [Karlsson’s] got to be about a six-and-a-half to seven million dollar player,” meaning the Sharks would need to retain around four and a half to five million dollars on Karlsson’s contract.

That is, of course, a significant reported expectation and one that would leave the Sharks with a large chunk of dead money for the foreseeable future. Retaining such a large portion of Karlsson’s deal would also, though, open up the Sharks and GM Mike Grier to likely earn a more valuable package of assets in return for their blueliner.

Were the Sharks to only retain a minimal portion of Karlsson’s deal, the value they would be receiving from a Karlsson trade would be more centered around clearing his $11.5MM cap hit from their books, rather than adding valuable futures. Despite how well Karlsson has played this year, it’s highly unlikely that a team would surrender many valuable assets to add the player if he’s coming at his full price tag.

So what Grier and the Sharks front office will need to decide is whether the dead money associated with retaining Karlsson’s salary in order to facilitate a move to Edmonton is worth it in order to receive the assets the Oilers are willing to send to San Jose in return.

If Oilers GM Ken Holland is willing to move one of the team’s top prospects, such as Xavier Bourgault or Philip Broberg, does that make it worthwhile for the Sharks to retain more than the 18% of Karlsson’s deal they have been previously reported to be willing to retain? It’s a difficult question, and something the entire Sharks front office will need to wrestle with in the coming days if the Oilers truly are motivated to acquire the two-time Norris Trophy winner.

02/11/23: It has been a resurgent season for San Jose defenseman Erik Karlsson.  After battling injuries and putting up offensive numbers that were well below expectations, he has bounced back in a big way and all of a sudden, he’s back to being a premier offensive blueliner.  That has caught the attention of some teams including Edmonton as Chris Johnston of NorthStar Bets and TSN reports (Twitter link) that the Sharks and Oilers have re-engaged in trade discussions about the defender.

The 32-year-old enters play today as the league leader for points by a defenseman by a fairly sizable margin as he sits 15 ahead of Buffalo’s Rasmus Dahlin who sits second.  Karlsson is averaging an assist per game through 53 contests while also chipping in with 17 goals, four shy of his career high.  He’s playing at a 108-point pace which would blow past his previous benchmark of 82 which came back in 2015-16 when he was still with Ottawa.

Karlsson is also logging heavy minutes, averaging 25:36 per night, his highest ATOI since 2017-18.  That puts him fifth among NHL defenders despite seeing very little time on the penalty kill, averaging just a dozen seconds per night in that situation.

Of course, there are other numbers that must be kept in mind with Karlsson.  The first is an $11.5MM cap hit, the richest contract for a defenseman in NHL history.  The other number on that front to know is four which represents the number of years left on his contract after this one; he’s signed through 2026-27.  That’s a difficult contract for pretty much any team to be able to absorb.

In Edmonton’s case, finding a way to fit in Karlsson’s contract would be extremely difficult.  With Kailer Yamamoto nearing a return to the lineup, Edmonton’s already in a situation where they’re going to have to make a cap-clearing move to activate him off LTIR.  Recent speculation has Jesse Puljujarvi (who scored the game-winner in Ottawa today) being a potential waiver candidate in the coming days as a result.  Adding an $11.5MM contract to their cap puzzle, one that GM Ken Holland said this week is a money-in, money-out situation, would be that much harder.  To that end, Johnston notes that there are considerable financial hurdles on both ends for this potential move to work.

Edmonton has been believed to be looking for defensive help dating back to the last couple of years but their cap situation has resulted in some smaller moves being made.  Karlsson would definitely fit the bill as being a legitimate number one defender that can log heavy minutes and take some pressure off Darnell Nurse.  He’d also elevate what is already an elite power play which entered today’s action clicking at a success rate of over 31%.  However, they also have a pretty good offensive defender in Tyson Barrie at the moment while they have high expectations for young blueliner Evan Bouchard so they’d be adding to an area that is already relatively strong.

San Jose is eligible to retain up to 50% of Karlsson’s contract and the retention must be uniform throughout the remainder of his contract.  Of course, by doing so, the potential acquisition cost would go up considerably as basically any retention will result in millions of dollars of dead money and the Sharks won’t be doing that for cheap.

Accordingly, finding the right combination of future assets (prospects and picks from a system that isn’t among the deeper ones in the NHL) to satisfy San Jose’s needs as they embark on a rebuild along with movable roster players from Edmonton to balance out the money is going to take some time.

With Connor McDavid and Leon Draisaitl in their respective primes, Edmonton’s window to win is now.  Acquiring someone like Karlsson would be an extremely bold move, one that would certainly elevate their status in the tight Western Conference.  Now, can they find a way to make the money work?  That’s a tough question for a lot of teams this season but there is definitely an added layer of difficulty at play for this potential move.  If Holland can find a way to make it work, the Oilers will certainly become a top threat as a result.

Photo courtesy of USA Today Sports Images.

Snapshots: Karlsson, Muzzin, Matheson

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Erik Karlsson wants to win. That’s what he told Pierre LeBrun and Ryan Rishaug on the Got Yer Back podcast, explaining that if a trade was brought to him that included joining a contender, he’d have to consider it.

Karlsson, through all of the trade rumors and speculation, has never indicated a desire to leave the San Jose Sharks organization, where he has settled down with his family. He holds a no-movement clause and can determine his fate, even if a team does step up with the massive asking price that has been rumored. After a four-point effort on Wednesday, Karlsson leads the league in assists and is on pace for 110 points.

  • The Toronto Maple Leafs haven’t given any update on the status of injured defenseman Jake Muzzin, and Chris Johnston explained on TSN’s Insider Trading yesterday that there has been no movement toward a return to play. When he went down to a cervical spine injury, the team explained that he would be re-evaluated in February. Clarity on his status will be important, given the Maple Leafs’ cap situation. If Muzzin misses the rest of the year, they can continue to use his $5.625MM cap hit for a replacement.
  • Montreal Canadiens defenseman Mike Matheson has been fined $5,000 for his interference on Florida Panthers forward Eric Staal in last night’s game, which became a bit of a circus. Ninety penalty minutes were handed out between the two teams, though none of them were for directly tied to the incident in question. Matheson and Matthew Tkachuk would fight later in the game.

Latest On Erik Karlsson

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It has been an incredible first half for Erik Karlsson. The two-time Norris Trophy winner has 56 points through 44 games, and leads the entire league in even-strength scoring. He’s healthy, playing more than 25 minutes a game, and looks a lot more like the player that the San Jose Sharks paid for in 2018.

That cost is what usually comes up in any conversation about Karlsson’s time in San Jose. The Sharks sent Dylan DeMelo, Chris Tierney, Rudolfs Balcers, Joshua Norris and a package of draft picks that ended up being Tim Stutzle, Zack Ostapchuk, and Jamieson Rees. Talk about a haul.

All that and they still needed to sign Karlsson long-term. That ended up looking like an eight-year, $92MM contract that essentially took him out of any further trade talks for the next few years. Not only did he have a full no-move clause, but Karlsson’s $11.5MM cap hit was a conversation-ender – at least when he was struggling with injuries and inconsistency.

But with his performance this season, that may have changed. Rumors have swirled all season about a potential move, ever since general manager Mike Grier admitted that he would listen to any callers. Now, speaking with Corey Masisak of The Athletic, Grier confirms that the Karlsson trade market is real (at least in theory):

There is interest in him. There’s some teams who have reached out about him. I think it’s only natural for teams to kick the tires, and it’s my job to listen to all the offers and see what I think is best for the organization short term and long term.

Any deal would be an incredibly difficult puzzle to sort out, given all the factors involved. Trade protection. High salary. Several years left. Lots to get in the way of talks. Frank Seravalli of Daily Faceoff breaks down the whole situation, including a potential asking price.

Reports indicated the Sharks are looking for three first-round picks, and are only willing to retain 18% of his remaining contract. But Grier threw some cold water on those numbers when speaking with Masisak:

I’m not going to really get into what we’re asking for, but I don’t think that’s totally accurate. Whatever it would be, it would have to be an offer that we feel makes us stronger in the future and gives us the ability to help kind of turn this thing around quicker. It’s got to be something that makes sense for us as an organization.

Given the unprecedented nature of a player like this being dealt at this point in his career (and contract), it’s a mystery what that return could actually look like. Some would argue that just getting out from under the contract itself would be enough to make sense for San Jose, given their current situation.

The Sharks sit 28th in the league, without any real hope to turn things around soon. No matter how well Karlsson is playing, it’s not enough to put them in contention.

Could he help another team reach that goal? It’s going to be a difficult move to make, even if they do get his blessing.

Photo courtesy of USA Today Sports Images

NHL Announces Initial All-Star Rosters

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According to a league release, the NHL has named the first eight selections to the four divisional All-Star teams for the 2023 NHL All-Star Game in Sunrise, Florida.

The league names one player to represent each team at the game, a rule in standing since the league switched to a divisional format for its mid-season talent showcase. A public fan vote will decide the three remaining players per division next week.

Each division’s leader in points percentage after gameplay concludes on January 11 will determine coaches for these teams. The Boston Bruins have already clinched the best such number in the Atlantic at that time, meaning Jim Montgomery will be behind the bench for the star-studded Atlantic Division, arguably the league’s best contingent of talent.

The initial rosters for each division are as follows:

Atlantic Division

Boston: G Linus Ullmark (1st appearance)
Buffalo: C Tage Thompson (1st appearance)
Detroit: C Dylan Larkin (3rd appearance)
Florida: RW Matthew Tkachuk (2nd appearance)
Montreal: C Nick Suzuki (2nd appearance)
Ottawa: LW Brady Tkachuk (3rd appearance)
Tampa Bay: RW Nikita Kucherov (4th appearance)
Toronto: RW Mitch Marner (2nd appearance)

Metropolitan Division

Carolina: LW Andrei Svechnikov (1st appearance)
Columbus: LW Johnny Gaudreau (7th appearance)
New Jersey: C Jack Hughes (2nd appearance)
NY Islanders: C Brock Nelson (1st appearance)
NY Rangers: G Igor Shesterkin (1st appearance)
Philadelphia: C Kevin Hayes (1st appearance)
Pittsburgh: C Sidney Crosby (5th appearance)
Washington: LW Alex Ovechkin (8th appearance)

Central Division

Arizona: LW Clayton Keller (3rd appearance)
Chicago: RD Seth Jones (4th appearance)
Colorado: RD Cale Makar (2nd appearance)
Dallas: LW Jason Robertson (1st appearance)
Minnesota: LW Kirill Kaprizov (2nd appearance)
Nashville: G Juuse Saros (2nd appearance)
St. Louis: RW Vladimir Tarasenko (injured) (4th appearance)
Winnipeg: LD Josh Morrissey (1st appearance)

Pacific Division

Anaheim: RW Troy Terry (2nd appearance)
Calgary: C Nazem Kadri (2nd appearance)
Edmonton: C Connor McDavid (6th appearance)
Los Angeles: LW Kevin Fiala (1st appearance)
San Jose: RD Erik Karlsson (7th appearance)
Seattle: C Matthew Beniers (1st appearance)
Vancouver: C Elias Pettersson (3rd appearance)
Vegas: G Logan Thompson (1st appearance)

The most important note on these rosters is obviously that of Tarasenko’s status. The 31-year-old is on injured reserve with a hand injury, and likely won’t be able to suit up. His replacement will be named shortly.

More to come…

Snapshots: Three Stars, Laine, Bear

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The NHL released its Three Stars for last week, with Filip Forsberg leading the way. The Nashville Predators winger scored five goals and seven points in three games, extending his lead in the team scoring race. Forsberg now has 14 goals and 32 points in 35 games, not quite the same pace he set last season when looking for a new contract. Even with a Forsberg hat trick on New Year’s Eve, the Predators failed to secure two points against the Vegas Golden Knights.

Second and third went to Erik Karlsson and Antti Raanta, who each had outstanding weeks. Karlsson had seven assists in four games and now leads the entire NHL in that category with 40 through his first 39 games. The San Jose Sharks defenseman is having an incredible bounce-back campaign and will once again be a Norris candidate thanks to a huge point total. Raanta, meanwhile, stopped 67 of 71 shots across three wins, keeping the Carolina Hurricanes on their 11-game streak.

  • Patrik Laine is out of COVID protocol and back with the Columbus Blue Jackets, according to Aaron Portzline of The Athletic. The star ginger will be back in the lineup tomorrow and is expected to skate with Kent Johnson and Jonny Gaudreau on the top line. Laine’s season has been constantly interrupted by injury and illness, resulting in just 20 games played so far. He has nine goals and 16 points in those appearances.
  • Portzline adds that Nick Blankenburg, who has been out since November, will travel with the club for their game against the Ottawa Senators but is not expected to play. The 24-year-old was averaging more than 18 minutes a night in his seven appearances before going down to a broken ankle.
  • Now that the calendar has been turned to 2023, players on one-year deals are eligible to sign extensions as Joe Pavelski did yesterday. Elliotte Friedman of Sportsnet reports that Ethan Bear and the Vancouver Canucks are expected to talk this week about a potential deal, though there is no guarantee a contract is signed so quickly. Bear has played well for the Canucks since they acquired him at the end of October from the Carolina Hurricanes, and is currently scheduled to become a restricted free agent when his one-year, $2.2MM deal expires.

Latest On Trade Market For Defensemen

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Mentioning the market for defense in the NHL immediately brings to mind at least two things: Jakob Chychrun and the Ottawa Senators, both as they are separately, and the rumors connecting the defenseman to Canada’s capitol. With Chychrun having been on IR to finish last season and now to start this season, the rumors surrounding the 24-year-old had been a bit quieter than usual, but expected to tick up with his return on Monday.

Tonight on Hockey Night in Canada’s 32 Thoughts segment, Sportsnet’s Elliotte Friedman seemed to confirm this inevitability, expecting talks on Chychrun to begin heating up once the defenseman returns. Another interesting note from Friedman on the Coyotes and their defensemen is the possibility of a trade involving Conor Timmins. A second-round pick in 2017, Timmins’ prospect status has never really been in question, at least for his on-ice performance. Instead, injuries have derailed the 24-year-old’s career. Now on a conditioning stint in the AHL, Timmins appears to be fully healthy and soon to be ready for NHL action, causing Friedman to wonder if Arizona might pursue a trade market for Timmins as well.

A newer name added to the defensemen speculation is San Jose Sharks defenseman Erik Karlsson. Once thought to be unmovable, Karlsson is off to an incredible start, on pace to set several career-bests already, scoring 11 goals along with 17 assists in just 19 games on the season. With four years left at an $11.5MM cap hit after this season, Karlsson will be incredibly difficult for the Sharks to move even with his historic production, but it just may make doing so possible for the rebuilding San Jose squad. According to Friedman, this also from 32 Thoughts, the Sharks haven’t gotten that far yet in any Karlsson talks. As Friedman says, the belief is that Karlsson has not yet been asked to move his no-movement clause, at least not for any specific team.

Friedman adds that he believes the Sharks are currently trying to determine what other teams are willing to do in regards to the rest of the contract. Of course the Sharks and their potential trade partner will have to work out how much, if any, San Jose retains on the remaining contract and what assets they could get back for Karlsson, which would hinge on how much the Sharks would retain.

One team looking for defense that many want to see on the shortlist to acquire Karlsson would be the Ottawa Senators. Their search for a defenseman in the early part of this season has been well documented and Chychrun has been the number one name associated with them. As reported by Friedman on 32 Thoughts earlier, it is believed Ottawa did try to work on a deal that would have sent Nikita Zaitsev to the Vancouver Canucks in exchange for Tyler Myers, but the deal did not get far enough for Myers, who has a modified no-trade clause, to be asked for permission. Other pieces would have presumably had to be involved to make the deal work for both sides, but that sort of swap would have benefitted Vancouver to the tune of $1.5MM in cap savings while giving Ottawa the defenseman they’ve been looking for and allowing them to get out from under the Zaitsev contract.

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