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Erik Karlsson

Islanders Must Focus On Moving Forward After Tavares

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When the New York Islanders lost John Tavares, the franchise found itself in a worse situation than it had hoped. The team that struggled a year ago on defense and in goal now lost their top scorer and seem to lack identity (except in the front office). The team will likely make Calder Trophy winner Mathew Barzal the new face of the franchise, but without Tavares, there remains a significant hole in their lineup.

While it seems likely Barzal will replace Tavares as the team’s top center, the real question is who will take over as the team’s No. 2 center? One positive note for New York is that the team has almost $20MM in available cap space after Tavares opted to go to Toronto and that’s after the signings of Valtteri Filppula, Leo Komarov, Robin Lehner and Tom Kuhnhackl as well as trading for Matt Martin. Regardless, none of those players are candidates to fill that No. 2 center position. The team does have restricted free agent Brock Nelson as a candidate to fill that role, but his status is up in the air.

The Athletic’s Shayna Goldman (subscription required) suggests if the Islanders want to make some type of impact move to suggest to their fan base that they are ready to move on (because bringing in Filppula, Komorov, Kuhnhackl, Lehner and Martin didn’t accomplish that), they must look to the trade market where there are a number of interesting names that the team could look to acquire, especially at the center position to show they are moving forward.

The top name is interesting enough as Goldman suggests that New York looks at the Ottawa Senators who are looking to cast off players left and right. Already having moved on from Mike Hoffman and in current trade talks with Erik Karlsson, the scribe writes the Islanders could attempt to make an offer to pry centers Matt Duchene or Jean-Gabriel Pageau away.

While Duchene would probably cost the Islanders quite a bit, he could potentially be a reasonable replacement for Tavares. Even though Ottawa gave up a lot to acquire Duchene less than a year ago, they may be ready to move on from him as he will be a free agent after this season and he might not want to return after having to endure the many problems that Ottawa has dealt with in the past year. However in New York, the team could match him with players like Anders Lee, Jordan Eberle or Josh Bailey and get solid production from him and the team would have the cap room to lock him up. The only downside to acquiring Duchene (despite the likely high cost) would be the team would have to sign him as well as Lee and Eberle next season as all three would be unrestricted free agents for the 2019-20 season. Pageau would be a much cheaper option, but lacks much upside if they want to use him as a second-line center.

One other option would be to pry Tyler Johnson away from the Tampa Bay Lightning, especially with the team attempting to clear out cap space to accommodate Karlsson. Johnson would provide significant value as a second-line center as well, but is locked up for six years at $5MM AAV, so they would be able to hold onto him for a long time.

While finding a replacement for Tavares, the team must also attempt to fix their other issues as they’ve done little to address their defense or goaltending. Adding Robin Lehner helps a little, but after the 26-year-old suffered through a disastrous season (3.01 GAA and a .908 save percentage), a Lehner-Thomas Greiss combination doesn’t sound particularly thrilling. The defense also needs help. The team lost Calvin de Haan to Carolina, although they did bring back Thomas Hickey. Although the team has high hopes that Ryan Pulock is ready to move into a top-four role immediately, his defense has always been suspect, so he isn’t likely to improve the Islanders defensive deficiencies. Andrew Gross of Newsday writes that the team should consider looking into acquiring Justin Faulk from the Carolina Hurricanes as he would provide that stability and would look good as the No. 1 piece along with Hickey, Pulock, Johnny Boychuk and Nick Leddy.

Regardless, with few quality options available to them on the free agent market, the team likely has little choice to make a deal.

 

 

Erik Karlsson Trade Talks Have Stalled

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Over the past few days, it seemed like a trade for all-world defenseman Erik Karlsson was imminent. Originally, the Dallas Stars were confirmed to be the leader in the race and deep in talks with the Ottawa Senators on a deal for Karlsson. Not long after, it was the Tampa Bay Lightning who had reportedly pulled ahead and had a deal in place with Ottawa that simply required a third team to take on salary. Some even stated that a deal was done pending a trade call, a rumor that obviously lacked reliability. Karlsson remains a Senator and it now seems like a trade is not coming as quickly as expected.

The Athletic’s Joe Smith, who has had his finger on the pulse of the Lightning’s trade talks, is no longer optimistic about a deal getting done. Smith writes that a deal for Karlsson should not be expected any time soon and that nothing is “imminent or close”. Smith admits that a trade could still work out between Ottawa and Tampa, but it’s no longer the foregone conclusion that some had perceived. Meanwhile the Stars are rumored to have fallen out of favor when they refused to include star blue line prospect Miro Heiskanen in a deal for Karlsson. Sportsnet’s John Shannon believes that the Stars still have a chance to land Karlsson, but it seems that Dallas’ chances depend on whether or not they can be flexible with their offer.

The Senators now have a feel for the market and should be able to work out a fair value for Karlsson soon. However, what isn’t so easy is accommodating their insistence on also sending away Bobby Ryan and his $7.25MM cap hit over four years remaining on his contract. Sportsnet’s Chris Johnston reports today that this is the exact reason that finding a trade partner and working out the details of a deal could prove difficult. A three-team deal, like the one contemplated by Ottawa and Tampa Bay, is the most likely outcome for a Karlsson trade, but such deals don’t develop overnight. A trade could still be a ways away – The Athletic’s Chris Stevenson says that the Lightning, Stars, and Vegas Golden Knights all remain in the running – but Stevenson also says that nothing is close as the Senators have “retrenched” and the suitors are playing hardball. It seems that whichever team is able to up the ante on their offer and also be creative in managing several major contracts will be the team to land Karlsson and change the face of their franchise.

Tampa Bay, Ottawa Seeking Third Team To Facilitate Erik Karlsson Trade

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6:03 PM: TSN’s Darren Dreger reports (Twitter link) that the Rangers are a team that could potentially be involved as the cap facilitator.  Meanwhile, Joe Smith of The Athletic adds (via Twitter) that winger Ryan Callahan is in play for this move.  He has a 16-team trade list.

3:28 PM: The rumor mill has been working overtime this morning on a potential Ottawa Senators-Tampa Bay Lightning trade revolving around superstar defenseman Erik Karlsson, and now Travis Yost of TSN tweets that the teams are in the process of trying to find a third party to facilitate the deal, as balancing salaries is a key part of any transaction of this magnitude. Karlsson is expected to only be traded to a team if a contract extension can be worked out, while the Lightning are not expected to be one of the teams willing to eat Bobby Ryan’s contract. That contract could be exactly why the third team needs to be involved, though Tampa Bay themselves would likely need to move out contracts to fit in a Karlsson extension.

Remember that nothing is final at this point, and since the stakes in any potential blockbuster Karlsson trade are so high things can change at any moment. Just two days ago the Dallas Stars were considered the clear front runners, though now everything seems to be pointing towards the Lightning.

Karlsson is reportedly looking for a contract extension similar to the eight-year, $88MM deal that Drew Doughty recently signed, which would put any team in a financial bind. The Lightning, who know their way around superstar contracts, could potentially fit him in since they’ve inked their other top players to reasonable extensions the last few years. Steven Stamkos ($8.5MM AAV), Victor Hedman ($7.875MM) and Ryan McDonagh ($6.75MM) have all signed relatively team-friendly deals instead of going to free agency, and though the team still needs to sign Nikita Kucherov to a mega-deal, they even have some cap space remaining for the upcoming season.

There are obvious candidates for the Lightning to move to clear more room. Ryan Callahan ($5.8MM), Tyler Johnson ($5.0MM), Alex Killorn ($4.45MM) are all expendable long-term contracts given the emergence of several young players, while Anton Stralman ($4.5MM), Braydon Coburn ($3.7MM) and Dan Girardi ($3.0MM) are defensemen on expiring contracts who could be moved out given Karlsson’s impact on the blue line. The superstar defenseman only costs $6.5MM this season, meaning jettisoning just one of the above players would give the team enough cap space to acquire him.

Remember that teams during the offseason can go up to 10%, or $7.95MM, over the salary cap ceiling but must be compliant again by the beginning of the season. Even if Tampa Bay doesn’t find a taker for one of their contracts, they could still potentially acquire Karlsson only to find a way to get under the cap ceiling by the beginning of the year.

Poll: Where Will Erik Karlsson Play In 2018-19?

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Since John Tavares decided on the Toronto Maple Leafs as his destination of choice in free agency, all eyes have turned to another Ontario-based superstar who might be changing locales in short order. Erik Karlsson has been given the opportunity to negotiate extensions with potential acquiring teams, and seems destined to be moved at some point in the next few days or weeks. The Ottawa Senators captain has one year left on his current contract, and was reportedly offered an eight-year, $80MM extension by the team. That number comes in slightly below the contract given to Drew Doughty (eight years, $88MM) which is seen by many as the measuring stick for Karlsson’s next deal.

Recently it was reported that the Dallas Stars had the inside track on any Karlsson trade, and as recently as a few hours ago Chris Stevenson of The Athletic tweeted that talks are ongoing between the two teams. The Stars have plenty of young talent, including Finnish defensemen Julis Honka and Miro Heiskanen, and are looking to compete while Jamie Benn, John Klingberg and Tyler Seguin are still in their prime. A Karlsson deal would make them immediate contenders, though it would obviously cost a ton in assets and salary.

The Tampa Bay Lightning, Vegas Golden Knights, New York Islanders and even Columbus Blue Jackets have been mentioned among other teams as potential destinations, and it is not clear at this point who will win out and land the two-time Norris Trophy winner. It’s not even guaranteed that Karlsson will move on from Ottawa, which he’s called his home for many years and could potentially still increase their offer to retain him should the offered packages not live up to their expectations.

Where do you think Karlsson will start the 2018-19 season? Vote below and make sure to leave your thoughts in the comment section.

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Dallas Stars Leading Chase For Erik Karlsson

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After the Ottawa Senators offered superstar defenseman Erik Karlsson a contract that was not well-received, the team gave interested competitors the permission to speak to him about contract terms. NBC Sports’ Kathryn Tappen reported that the Senators’ offer was for eight years at $10MM per season, an amazing amount of money to a layperson but truthfully an insult to Karlsson in light of recent contracts signed by Drew Doughty and John Tavares. As such, Tappen and others have added that other teams are now in hot pursuit and serious trade talks are underway.

As of this evening, the leader in those talks are the Dallas Stars. The Athletic’s Chris Stevenson has heard from a source in the NHL that the Stars have emerged as a front runner for Karlsson and that Dallas and Ottawa are deep in talks about a trade that would include the Norris Trophy winner but not overpaid forward Bobby Ryan, a major hindrance in many teams’ acquisition plans. Stevenson is based in Ottawa and is allegedly close to the Senators and his The Athletic colleague in Dallas, Sean Shapiro, says that he has also heard that the Stars are legitimately interested and that a hypothetical deal is a real possibility.

Immediately, the question is what the potential return for the Senators could be that would both pry Karlsson out of Ottawa but also keep Ryan there. Shapiro believes that any deal for Karlsson would have to include young defenseman Julius Honka, while Ottawa may actually prefer a more established name like Esa Lindell. It would also make sense for the Sens to target the Stars top blue line prospect, 2017 third overall pick Miro Heiskanen. Others who could be part of the package include young two-way centers Radek Faksa or Devin Shore, recently re-acquired winger Valeri Nichushkin, and project forward Riley Tufte. While only time will tell if a trade is completed and what the pieces will be, this is the first time that any specific team has been confirmed to be in real trade talks for Karlsson and it now seems like only a matter of time before the all-word defender is traded, to Dallas or elsewhere.

Snapshots: Karlsson, Voynov, Blidh, Varady

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Although the Senators have offered defenseman Erik Karlsson a contract extension as they promised they would, it doesn’t appear like it was well-received.  Larry Brooks of the New York Post reports (Twitter link) that Ottawa has given teams interested in acquiring him permission to discuss a contract extension with the 28-year-old.

Brooks adds that Karlsson is seeking the same contract that Kings blueliner Drew Doughty received at eight years and $88MM.  That appears to be too rich for the Senators and accordingly, it appears that the odds of him playing elsewhere next season have gone up.

More from around the league:

  • Slava Voynov’s path back to the NHL took a step forward today as he was granted an expungement of his domestic abuse conviction, reports Curtis Zupke of the LA Times. This paves the way for him to seek a hearing with Commissioner Gary Bettman about being reinstated into the league.  The Kings still hold Voynov’s rights as he sits on the voluntary retired list following his original contract being terminated.  While all signs point to Los Angeles not wanting to bring him back, they would be allowed to trade his rights if and when he is reinstated.
  • The Bruins have re-signed winger Anton Blidh to a one-year, two-way contract, reports TVA Sports’ Renaud Lavoie (Twitter link). The deal is worth the league minimum $650K at the NHL level.  The 23-year-old suited up once with Boston last season but spent the majority of the year in the minors where he collected 11 goals and 15 assists in 71 games.
  • The Coyotes have filled their head coaching vacancy at the AHL level. The team announced that they have appointed Jay Varady as the new bench boss of the Tucson Roadrunners.  He spent last season as the head coach of OHL Kingston while he had previously filled that same role with Sioux City of the USHL.  Varady takes the place of Mike Van Ryn, who was named an assistant coach with St. Louis back in May.

Ottawa Offers Erik Karlsson Contract Extension

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The Ottawa Senators kept to their word Sunday as the team offered superstar defenseman Erik Karlsson a contract extension, according to NHL.com’s David Satriano. Terms of the extension offer were not disclosed. Despite the rumors of unhappiness with the ownership and his not willing to accept a “hometown” discount that has led to quite a bit of trade speculation over the past six months, general manager Pierre Dorion said the team had to make one final effort to keep Karlsson in the fold.

“We don’t really want to talk about roster players, contract negotiations, trades, all these things, but I think we owe it to our fans and we made a promise at the town hall that we would make a contract offer to Erik Karlsson and we’ve done so,” Dorion said Sunday.

Karlsson is in the last year of a seven-year, $45.5MM deal that he signed in 2012, which looks like a bargain as his AAV sits at just $6.5MM. However, with the sudden increase in salaries for star defenseman having increased, it’s likely that a new Karlsson deal will break the bank. Several defenseman have cashed in over the past few days, including Drew Doughty (eight years, $88MM, $11MM AAV), Oliver Ekman-Larsson (eight years, $66MM, $8.25MM AAV) and John Carlson (eight years, $64MM, $8MM AAV).

With increased trade rumors over the past week, there still hasn’t been a trade yet. The team has made it clear to teams that they are asking for a big return for their superstar center and have made it even more challenging for teams as they want the team also to take on the contract of Bobby Ryan, which still has four year left at $7.25MM. The Vegas Golden Knights have been the most talked about team since the trade deadline to get a deal done and they still could, but nothing has materialized yet. The Senators still have hope that Karlsson will sign an extension.

“I think Erik wants to be a Senator for life,” Dorion said then. “I don’t want to speak for him, I’ll let him speak for himself. We’ll see what the next few months bring, but if Erik Karlsson is here on July 1, we will be making him a contract offer.”

Kings To Sign Drew Doughty To Eight-Year Extension

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July 1: The Kings have officially announced the contract, signing Doughty to an eight-year, $88MM contract extension. The deal will kick in for the 2018-19 season, and make Doughty the highest-paid defenseman in the league, barring an even bigger extension being signed before then.

June 29: A major impending free agent is about to be off the market, but it’s not a member of the 2018 class, but the 2019 class. When July 1st arrives and players with expiring contracts after next season are first eligible to sign extensions, Los Angeles defenseman Drew Doughty is expected to re-sign with the Kings. TSN Insider Pierre LeBrun reports that the two sides put the finishing touches on a max eight-year extension today that will be officially signed on Sunday. No financial terms have been disclosed.

The Kings are undoubtedly one of the teams that benefited the most from the massive salary cap spike this off-season. That added flexibility allowed L.A. to add much-needed scoring in the form of Ilya Kovalchuk without losing the breathing room needed to retain Doughty. For a time, many speculated that Doughty would test free agency next summer, but over the past few months the Norris Trophy-winner has made it clear that he would prefer to stay with the Kings. The team’s acquisition of Kovalchuk and continued search for talent this off-season was likely the very last boost of confidence that Doughty needed to re-up in L.A.

Doughty now joins fellow defenseman Oliver Ekman-Larsson of the Arizona Coyotes and center Logan Couture of the San Jose Sharks as potential superstar free agents who will instead sign on with their current teams as soon as possible. Doughty is the biggest name so far and, if previous reports prove true, will soon be the highest paid defenseman in hockey. Doughty has gone on the record as saying that he would like to be paid more than Nashville Predators blue liner P.K. Subban, who is currently the highest-paid defenseman in the league at $9MM AAV. LeBrun’s TSN colleague Darren Dreger is among many speculating that deal will land in the realm of $11MM per year over the eight years, which would make him the new top dog among defenders and the second-highest paid player in the league – at least until Erik Karlsson signs his next contract.

Eastern Notes: Tavares, O’Reilly, Ryan, Pickard

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With the John Tavares watch about to hit the 11th hour before free agency hits, The Athletic’s Arthur Staple reminds people that the superstar center doesn’t have to make a decision today. He can wait to make a decision later. However, the longer he waits, the more telling his decision will be.

If he opts not to agree to a contract tonight, then the New York Islanders are almost guaranteed to be out of the running for Tavares as even the Islanders can’t offer an eighth year after tonight. If all New York can offer is seven years, then it’s highly unlikely he’ll return to New York.

The other implication to not choosing a team today is that many teams are waiting for Tavares to make a decision as well as players. The dominos will begin to fall after Tavares signs, so the longer Tavares waits, the more the market will be held up. For example, Toronto, who has dubbed center Derek Ryan as their consolation prize if the can’t sign Tavares, according to The Athletic’s James Mirtle (subscription required), must force the highly-coveted Ryan to wait. That’s also the case with trade candidates such as Jeff Skinner and likely Ryan O’Reilly as their value is likely to shoot up once Tavares is off the board.

  • It looks the O’Reilly sweepstakes are even more muddled than ever as many felt that if the Buffalo Sabres were to trade away their star center, it would be before the Sabres would have to fork over his $7.5MM signing bonus which is due at midnight tonight. If no deal is made within the next few hours, then the situation can go two different ways, according to Mike Harrington of The Buffalo News. The most likely scenario would suggest that if they pay him the $7.5MM themselves, the plan would be to keep O’Reilly and hope that he wants to stay with the team. However, Harrington also adds that perhaps Buffalo is willing to eat the $7.5MM to get a greater package in return from a team with the possibility that a trade has already been worked out and they are both waiting for July 1. The scribe adds that the two teams who have most coveted O’Reilly are the Montreal Canadiens and the St. Louis Blues. However, the Blues are not offering their top prospect, Robert Thomas, as part of any trade.
  • While many teams believe that the holdup of a potential Erik Karlsson trade is being held up because of the $2MM bonus due to forward Bobby Ryan on July 1, that is not correct, according to Ottawa Sun’s Bruce Garrioch. The scribe writes that Ryan and the four years and $29MM remaining on his contract, which are expected to be included in any Karlsson deal, already received his $2MM bonus on May 15, which means he will only cost a team $5.5MM next season.
  • Sean Shapiro of The Athletic writes that many teams are looking for cheap backup goalie options and suggests that Toronto Maple Leafs’ Calvin Pickard could quickly find himself in high demand. Pickard, who was a solid backup for the Colorado Avalanche during the 2016-17 season, found himself in an odd position after being taken in last year’s expansion draft by the Vegas Golden Knights and then traded off to Toronto to share AHL goaltending duties with Garret Sparks. Together they helped clinch the Calder Cup Trophy as he finished with a 2.31 GAA and a .918 save percentage. Backing up Sparks during the AHL playoffs, Pickard got into three games, putting up a 1.00 GAA and a .956 save percentage.

Snapshots: Karlsson, Thornton, Talbot, Brodziak

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While the free agent market is slimming more and more after John Carlson opted to re-sign with the Washington Capitals, the trade market has barely gotten active as teams wait to see how the free agent market shakes out. Regardless that could change in the next few days. While there were a few trades this weekend during the draft, one name that stayed put is Ottawa Senators’ defenseman Erik Karlsson.

According to Bruce Garrioch of the Ottawa Sun, general manager Pierre Dorion was fielding phone calls all the way up to the Senators picked at No. 4, but still hasn’t found the right deal as he’s looking for a big haul of players and picks considering that Karlsson is a franchise player.

As expected, Garrioch writes that the Vegas Golden Knights were at the forefront in trying to make a deal and Vegas was prepared to take the contract of Bobby Ryan, who still has four years at $7.25MM AAV remaining on his contract, but other teams are also trying to get into the Karlsson sweepstakes, including the Carolina Hurricanes, Tampa Bay Lightning, San Jose Sharks and the Washington Capitals. No word on whether the other teams are willing to take on Ryan’s contract. While the Capitals are likely out of the running now that they’ve signed Carlson, the Carlson signing may force other teams to press harder to acquire Karlsson.

  • David Pagnotta of The Fourth Period reports that there is mutual interest between Joe Thornton and the San Jose Sharks to return to the team, regardless of whether the team signs John Tavares or not. Thornton, who suffered a season-ending torn MCL in January, would have to come back at a lower salary than the $8MM he made last year, but at 38 years old, he can still be a productive player even if he is forced to play on a lower line. Thornton put up 13 goals and 23 assists in 47 games, but “Jumbo Joe” is well past the days of putting up 82 points in 2015-16.
  • Pagnotta also commented on Edmonton Oilers goaltender Cam Talbot as he says both the Oilers and Talbot have agreed to hold off on extension talks until the start of the new season. The 30-year-old Talbot had been a major piece to the team’s success up until this past year. After posting 2.39 GAA and a .919 save percentage two years ago, he struggled this season, posting a 3.02 GAA and a .908 save percentage. The team likely wants to ensure that Talbot bounces back to form before offering him an extension.
  • Jeremy Rutherford of The Athletic writes that the St. Louis Blues and center Kyle Brodziak both have interest in an extension. The 34-year-old center put up his best season since 2011-12 as a fourth-line center. He tallied 10 goals and 33 points last season. While the Blues have bigger concerns at the moment, Rutherford points out that neither party is in a big rush.

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