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Evander Kane

San Jose Sharks Likely To Buy Out Paul Martin

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With Evander Kane’s extension on the book now, the San Jose Sharks salary cap is much more constrained than it was a year ago. Now, The Athletic’s Kevin Kurz reports there is a “strong possibility” the Sharks plan on easing their salary cap by buying out defenseman Paul Martin next week when the window opens on June 15th. A buyout would save the team approximately $2.8MM in cap space for next season.

The Sharks signed Martin to a four-year, $19.4MM contract back in 2015 to provide a veteran presence to their veteran team. Unfortunately after two solid seasons, Martin really struggled this year. The 37-year-old started the season playing two games, but he never recovered from an ankle injury from the offseason, prompting to miss the next two months of the season. When he returned in December, he found that his position had been taken by Joakim Ryan and the veteran was finally waived in January. He played with the AHL’s San Jose Barracuda for 18 games before returning to his usual spot alongside Brent Burns. However, he was too slow which showed during the playoffs against the Vegas Golden Knights. He was responsible for the Golden Knights Game 3 game-winning overtime goal and lost his job for the rest of the series to Ryan again.

With a buyout, instead of taking Martin’s entire $4.85MM cap hit this year, the team would instead take a 2.02MM cap hit this year and a $1.42MM cap hit in 2019-20, which would save the team close to $2.8MM for next season. With Kane on the books for $7MM AAV for the next seven years and several restricted (Tomas Hertl, Chris Tierney) and unrestricted free agents (Joe Thornton, Eric Fehr, Joel Ward) they must deal with this offseason, as well as the potential extensions available to the Sharks for Logan Couture and Joe Pavelski, the team needs to free up as much cap as possible.

Poll: Should The Sharks Have Re-Signed Evander Kane?

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Yesterday the San Jose Sharks made a seven-year, $49MM contract extension for Evander Kane official. With that news, the team will be forced to surrender their first-round pick in one of the next two seasons. Had they let Kane walk after acquiring him from the Buffalo Sabres mid-season, it would have been just a second-round selection. The team had plenty of cap room with only a few players signed long-term, and were expected to be heavily involved in the free agent market this summer. It’s not clear if Kane’s contract takes them out of discussions for a player like John Tavares, as they also have potential extensions for Logan Couture, Joe Pavelski and others to hand out this summer.

It’s a lot to give Kane, who has only hit the 30-goal plateau once and never recorded 60-points in a single season. That said, he has always been considered an elite power forward waiting for the right opportunity, as his skating and puck skills are both excellent. His production after coming to San Jose showed what he is capable of when healthy and performing up to his ceiling, with 13 goals and 19 points in 26 games down the stretch and into the playoffs. If he can continue that production he’ll be more than worthy of the contract, and he won’t turn 27 until later this summer.

There has been quite a bit of discussion over whether the Sharks should have re-signed him, or used that money elsewhere on their roster and in free agency. James van Riemsdyk for instance could likely give you similar offensive numbers, though his all-around game isn’t quite as impactful. James Neal, David Perron, Paul Stastny or even Thomas Vanek are also available this summer, and have long histories of offensive production. None of them are quite as young, but also likely wouldn’t cost as much.

So what do you think? If we assume that Kane wouldn’t have signed for any less than he did, would you have put pen to paper? Would you have agreed to a seven-year deal, knowing that there are other options likely hitting free agency? Is his upside and early production too hard to pass up? What of the draft pick compensation? Vote below, and make sure to explain your reasoning in the comment section.

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Evander Kane Re-Signs With San Jose Sharks

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It’s official, Evander Kane has re-signed with the San Jose Sharks. The new deal is for seven years, and though the team would not officially release the financial details several reports have it totaling $49MM ($7MM AAV). CapFriendly has the specific year-by-year breakdown:

  • 2018-19: $6.0MM salary, $3.0MM signing bonus
  • 2019-20: $6.0MM salary, $2.0MM signing bonus
  • 2020-21: $3.0MM salary, $3.0MM signing bonus
  • 2021-22: $7.0MM salary
  • 2022-23: $5.0MM salary, $2.0MM signing bonus
  • 2023-24: $6.0MM salary
  • 2024-25: $4.0MM salary, $2.0MM signing bonus

The deal also includes a modified no-trade clause, allowing Kane to submit a three-team list to where he can be traded. The deal isn’t as front-loaded as we’ve seen, but still gives Kane a lot of the money up front in signing bonuses, making it more difficult to buyout in the future should it come to that. Sharks’ GM Doug Wilson obviously doesn’t think it will, and released a glowing review of Kane in his accompanying statement:

At only 26 years old, Evander has established himself as one of hockey’s true power forwards and an impact player. We think his abilities mesh perfectly with our group of skilled, young players and veteran leaders. It’s extremely heartening to have Evander join a trend of elite players who have chosen to remain in San Jose. It speaks volumes as to how players view this organization and further illustrates the continued commitment to our fans by our owner Hasso Plattner.

Kane came over from the Buffalo Sabres at the trade deadline for a package that included Daniel O’Regan, a conditional fourth-round pick and a conditional first-round pick. The condition on that first rounder has now been met, and the Sharks will have to send their selection in 2019 to the Sabres. If however the Sharks miss the playoffs next year, they can send their 2020 first-round selection instead.

The former Atlanta Thrashers draft pick has had an up-and-down career to say the least, but seemed to find his footing in San Jose after the deadline. With 14 points—including nine goals—in 17 games down the stretch, and another five points in nine playoff contests, Kane was a huge part of the Sharks’ offense and seemed to mesh instantly with their top-six. Kane entered the league only two months after turning 18, which has allowed him to hit free agency as one of the youngest players on the market. He won’t turn 27 until August, giving the Sharks plenty of prime years left on this contract.

Still, even with his relative youth and early success for the team this contract comes with its fair share of risk. Kane has only scored 30 goals once in the NHL, and still doesn’t have a 60-point season to his name. Some of that is due to the inconsistent play he showed for teams like Winnipeg and Buffalo, but also the injury concerns that have plagued him every year. There’s never been a season that Kane has played in more than 78 games, with that total coming just this year. Though there are no glaring chronic concerns in his injury history, there is a question of whether his physical style can be maintained long-term. The Sharks are obviously paying for more than just his offensive output, as $7MM per season is only given to the league’s elite. This season, only 25 forwards carried a cap hit of $7MM or greater.

Obviously the team felt that he was worth the contract, but this does add some more intrigue to the free agent class in 2018. This summer’s group is full of scoring wingers, with names like James van Riemsdyk, James Neal and David Perron all available for the right price. Though none of them compare exactly to the type of player Kane is, they all are successful scoring options that can bring a big-bodied presence to the front of the net. Each of their prices likely went up with this contract, and could change whether their respective teams are able to retain them.

For Kane, this is a perfect outcome after struggling to find much consistency throughout his career. The fourth-overall pick from 2009 will now have some long-term stability with the Sharks, and should be given every chance to become one of the league’s best goal scorers. He also becomes the only Sharks forward signed past the 2019-20 season, meaning he may be looked to as their key veteran weapon down the road. Joe Thornton, Joe Pavelski and Logan Couture are all nearing free agency, while younger players like Tomas Hertl, Chris Tierney and Timo Meier look ready to take over as the next wave of core Sharks forwards.

Photo courtesy of USA Today Sports Images

Sharks Nearing Long-Term Extension With Evander Kane

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The San Jose Sharks were clearly happy enough with the play of trade deadline acquisition Evander Kane that they are willing to do whatever it takes to bring him back, which appears to be giving him extensive term and salary and surrendering their first-round draft pick in 2019. Sportsnet’s Irfaan Gaffar reports that the two sides are closing in on a long-term extension, the terms of which appear to be in the seven-year, $49MM range. Per the terms of their trade with the Buffalo Sabres, if Kane does re-sign in San Jose than the second-round pick exchanged in the deal will be elevated to a first-rounder.

It is certainly understandable why the Sharks would want to bring back Kane. The 26-year-old power forward is coming off arguably the best season of his career and certainly his best campaign since being traded to Buffalo from the Winnipeg Jets in 2015. Kane finished the year with 29 goals and 54 points and nine of those goals along with five assists came during the 17-game span that he spent in San Jose to close out the regular season. Kane was the Sharks’ best player during the stretch run and continued to play well in his first ever playoff appearance, notching four goals and an assist in nine games while battling injury. If Kane keeps up that level of play in San Jose, he could be a perennial 30-goal scorer and the type of finisher that the team has sorely lacked outside of Logan Couture. 

Nevertheless, some will balk at the cost associated with re-signing Kane, especially after this report. Giving up a first-round pick has already scared away some fans and analysts alike when the idea of the Sharks bringing back Kane first came up. However, this rumored term and salary is also likely to turn more than a few heads. Though undeniably talented, Kane has been able to put together a complete star-caliber season just twice in his career and brings both off-ice issues and on-ice consistency and effort concerns. Granted, he appeared to fit well and play hard in San Jose, but that is not guaranteed to continue and especially not over seven years or so. The Sharks have enough cap space this season to target some of the biggest names on the market and enough talent to attract those players as well, but some will speculate that an extension for Kane of this amount would take them out of the running for a John Tavares or John Carlson, which could also upset fans and eliminate a major opportunity for San Jose.

However, the Sharks acquired Kane primarily for this year’s playoff run and he performed beyond expectations for a very fair price – Danny O’Regan, a second-rounder, and a fourth-rounder. Even if that pick becomes a first-round selection next year, it still isn’t an extreme over-payment by the Sharks given what they got out of Kane. San Jose now has exclusive right to negotiate with Kane, something they don’t have with the likes of Tavares and Carlson and something that they’ll lose come July 1st. If the team feels that an extension based on his strong trial run is the right move and the best way to use the bulk of their cap space, then doing what it takes to keep Kane, a top five free agent, from hitting the market makes sense. There is absolutely risk associated with a decision of this reported magnitude, but it could pay off for GM Doug Wilson and the Sharks.

San Jose Sharks Could Look Very Similar Next Season

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Many have felt for some time now that the San Jose Sharks could be a team to watch in the upcoming off-season. It’s not often that a team can have the depth and talent of a contender with almost all of their key players locked up and also have an immense amount of cap space, but that is the exact situation that the Sharks are facing this summer. Joe Pavelski, Logan Couture, Brent Burns, and Marc-Edouard Vlasic are all elite players under contract, while reliable pieces like Mikkel Boedker, Justin Braun, and Brenden Dillon have term remaining as well. Yet, the Sharks will still enter the off-season with nearly $15MM in cap space and few holes to fill. For that reason, some have speculated that John Tavares or John Carlson could be headed for San Jose or that the team could load up on other second-tier top free agents.

However, the Sharks are actually somewhat limited in what they can do this summer. A side effect of having so many players locked up is that San Jose actually has little flexibility in terms of straightforward roster management on the free agent market. The Sharks have just nine free agents total, unrestricted and restricted, far and away the fewest in the league as most teams generally have about twenty. Entering the off-season, they will already have 38 of their 50 maximum contracts already in place for next season. Assuming that key restricted free agents like Tomas Hertl, Chris Tierney, and Dylan DeMelo return, that number is already up to 41. It is almost fortunate that top prospects Josh Norris, Scott Reedy, and Mario Ferraro all chose to return to their college teams or that number would be even higher.

Regardless, the Sharks will be left with less than ten slots to add new players unless they start to trade away or buyout existing contracts. If long-time leader and fan favorite Joe Thornton re-signs, there is one less. If deadline addition Evander Kane, who has fit in very well in San Jose, decides to stay put, there’s another one. If the Sharks land a player worth immediate ice time at #21 in the first round of the NHL Draft, that’s yet another spot filled up. No team wants to enter the season with so few contract slots that their hands are tied when the opportunity to make a trade to improve the roster comes around. San Jose also doesn’t want to sign too many multi-year deals with players like Couture, Pavelski, Timo Meier, and Joakim Ryan in need of extensions next season as well.

As such, the Sharks actually seem likely to make only one or two free agent additions this summer – as they did last summer – unless major trades open up some more space in the organization. Could one of those additions be a Tavares or a Carlson? Sure, but if those players choose to go elsewhere, San Jose instead seems far likely to stick with what they have and go into next season with flexibility. Don’t expect the drastically different Sharks roster that some have predicted – it may only lead to a letdown of expectations this summer.

Morning Notes: Bruins, Wild, Kane

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The Boston Bruins will have several players head to unrestricted free agency this summer, and today GM Don Sweeney spoke about the chance of re-signing them. Though Anton Khudobin has already made it clear he wants to re-sign, and Rick Nash is open to the possibility, Sweeney doesn’t sound confident everyone will be back.

Haven’t definitively ruled anybody out…we would like to bring everyone back, but that’s not realistic in cap environment.

The Bruins currently project to have between $12-15MM in space next season depending on where the cap ceiling lands, but have to make sure they don’t get into any undesirable long-term commitments. With five forwards taking up over $32MM combined for the next three seasons, and new contracts due before long for Charlie McAvoy, Brandon Carlo, Ryan Donato and Jake Debrusk, bringing back Nash—or even Riley Nash, who is also set to become a UFA on July 1st—may be out of the question.

  • The Minnesota Wild have not made their final decision on who will become GM, as Michael Russo of The Athletic reports they have a round of interviews scheduled for next week. Paul Fenton of the Nashville Predators and Tom Fitzgerald of the New Jersey Devils will both be involved in those interviews, while Bill Zito (Columbus), John Ferguson Jr. (Boston) and Dave Nonis (Anaheim) have all sat down with Wild owner Craig Leipold at one point or another. The Wild are not rushing a decision, and Brent Flahr is currently overseeing day-to-day operations for the club.
  • The San Jose Sharks have made it clear they intend to try and re-sign Evander Kane, and he made it clear today what his three priorities are. Kane told Sportsnet that money, lifestyle and a chance to win are the “common sense” priorities for any free agent, but wouldn’t go into how he personally ranks them. The 26-year old winger found immediate success with the Sharks, but will cost the team an extra asset to re-sign. San Jose would be forced to upgrade the pick sent to Buffalo to a first-round selection should Kane re-sign this summer.

West Notes: Kane, Connauton, Fisher

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Following a strong showing after being acquired at the trade deadline, the Sharks intend to try to re-sign pending unrestricted free agent winger Evander Kane this offseason, reports Paul Gackle of the Bay Area News Group.  For his part, Kane admitted that he would be open to returning but he isn’t ready to commit to anything just yet.

That won’t stop GM Doug Wilson from trying to get something done in advance, however.  He acknowledged that he intends to sit down with Kane and his agent “in the next little while”.  San Jose has plenty of cap space to work with this summer so from a financial standpoint, they should be able to be among the high bidders for his services if they want.  If the Sharks are able to re-sign him, the 2019 second-round pick they sent to Buffalo as part of the trade would instead become their 2019 first-rounder.

Elsewhere in the West:

  • Coyotes defenseman Kevin Connauton is set to become an unrestricted free agent in July and his agent, Matt Owens, told Arizona Sports’ Craig Morgan that playing time will go a long way in determining where he signs next. The 28-year-old posted a career high in goals with 11 this season but he still played a relatively sparing role, logging just over 15 minutes of ice time per game.  Oates acknowledged that there have been no discussions regarding a contract and that he is leaving it to GM John Chayka to kick-start any possible negotiations.
  • Nashville center Mike Fisher left Monday’s game due to an undisclosed injury and Thomas Willis of the Predators’ team website notes (Twitter link) that there is still no update as to the nature of the injury or how long he’ll be out. The veteran left after playing less than three minutes in total which forced the Preds to go with 11 forwards for most of the game.  If he’s unable to return, one of Miikka Salomaki or Ryan Hartman will likely draw back into the lineup.

Early Notes: Offer Sheets, Kane, Yakupov

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After another two teams were eliminated from playoff contention yesterday, more and more focus is shifting to the offseason and how free agency will shake out. As always, there will be speculation about the potential of an offer sheet being signed with one of the many high profile restricted free agents, and Rory Boylen of Sportsnet is here to break down how it all works.

Boylen also lists several players that could be signed to a sheet, including Mark Stone, Jacob Trouba, Mathew Dumba, William Nylander and others. One of the most interesting names listed, and one to keep an eye on all summer is William Karlsson of the Vegas Golden Knights. After a 43-goal breakout season, there is no one who can definitively say what he’s worth or what he’ll be asking for in negotiations this summer.

  • Evander Kane was playing with a separated shoulder during the playoffs, according to Kevin Kurz of The Athletic, which could at least partially explain why he struggled in the San Jose Sharks’ final series against the Vegas Golden Knights. The Sharks have a decision to make now on Kane, who is set to become an unrestricted free agent on July 1st. Should they sign him to a contract extension, they’ll be forced to upgrade the second-round pick sent to Buffalo at the trade deadline to a first rounder.
  • Just like last summer, the idea that Nail Yakupov could return to Russia and the KHL is already starting to percolate. After another disappointing season that saw the 2012 first-overall pick register just 16 points in 58 games for the Colorado Avalanche, he’s scheduled to become a restricted free agent once again. Adrian Dater of BSN Denver asked Yakupov’s agent directly about a potential return to Russia, who answered simply “he’s a grown man, and he will decide what’s best for him.” Last spring we examined the opportunity that the KHL could offer, before he eventually decided to give the NHL another shot.

Snapshots: Stars Goaltending, Guentzel, Kane, Shalunov

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Armed with a new head coach, the Dallas Stars can begin to get to work to fixing their team after the team failed to qualify for the playoffs despite a flurry of offseason moves last year. While, the team has many issues to deal with, one key area of need is finding a quality back-up goaltender.

The team is finally released from a five-year, $29.5MM deal it gave to eventual backup Kari Lehtonen. However, the $5.9MM AAV for a player who produced a 2.56 GAA and a .912 wasn’t worth it. On top of that, at age 34, the team needs a backup that can take over the workload for oft-injured starter Ben Bishop.

SportsDay’s Mike Heika writes there are several potential options for Dallas, but the best-case scenario would be for the Stars to chase Carter Hutton, who backed up Jake Allen last year. Hutton, who could easily fill in full-time in case Bishop gets hurt, could also be expensive as the 32-year-old veteran may hope to land a starting job somewhere. He was 17-7-3 last year with a 2.09 GAA in 32 games this past year in St. Louis. Other options would consist of Jonathan Bernier, Andrew Hammond, Michael Hutchinson and Anton Khudobin.

  • While it may not come as a surprise, the Washington Post’s Isabelle Khurshudyan reports that the NHL Department of Player Safety does not intend to have a hearing with Pittsburgh Penguins Jake Guentzel, who hit John Carlson during Saturday’s game against the Washington Capitals. Despite complaints from Capitals head coach Barry Trotz, Khurshudyan the league felt it was a full-body hit.
  • With the season on the line, The Athletic’s Kevin Kurz (subscription required) writes that while San Jose Sharks’ trade deadline acquisition Evander Kane has been highly successful since coming over from Buffalo, that hasn’t been the case during the team’s second-round series against the Vegas Golden Knights. Kane has scored just one point in the series and the team will need them to pull off a two-game sweep to advance to the conference finals. Kurz wonders whether Kane’s health has been an issue as he has skipped the morning skate for both of the team’s last two games.
  • Chicago Blackhawks prospect Maxim Shalunov has been improving steadily in the KHL and the 2011 fourth-round prospect is looking more interesting, but The Athletic’s Scott Powers (subscription required) writes that the 25-year-old is still two years away from reaching Chicago after he signed a three-year extension to remain in the KHL last offseason. As Shalunov has developed in Russia, he’s also received more attention recently from the Russian national team and while he didn’t get the invitation to the Olympics that he was hoping for, he did get the invite to play in the World Championships.

Devils Plan To Make A Splash This Summer

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No one could have expected that the New Jersey Devils would improve by 16 wins from last season to this season, transforming from a bottom feeder to a playoff team. The team added impact rookies Nico Hischier and Will Butcher and traded for defenseman Sami Vatanen, but also lost Adam Henrique in that deal and watched 2016-17 top-six forwards Mike Cammalleri and P.A. Parenteau depart. Yet, the team took a major leap forward with only a marginal improvement to their roster. Hoping for a repeat in that trend, NJ.com’s Chris Ryan reports that GM Ray Shero has been given the “green light” by the Devils to spend in free agency this summer.

New Jersey enters the 2018 off-season with substantial cap space. A bottom-five spender this season, the team is likely to lose Patrick Maroon, Michael Grabner, Drew Stafford, and Jimmy Hayes to free agency, which will open up even more room. They will also finally be rid of Ryane Clowe’s cap hit. Even if the team was to hang on to defenseman John Moore, goaltender Eddie Lack, or forward Brian Gibbons, they would still have more than enough space to make a significant splash this summer.

Ryan addresses several players who Devils fans are intrigued by in his mailbag. He begins by throwing water on the idea that New Jersey will be in hot pursuit of John Tavares if he hits the open market. Seeing as Tavares will command a seven-year deal that could approach nine figures, Ryan rules the Devils out as a destination. New Jersey has its star center of the future in Hischier and must pay he and Hart finalist Taylor Hall in the next few years. However, Ryan does not shy away from any other recommended targets.

Among those other players the Devils could pursue are defenseman John Carlson, who would be the biggest name on the market if Tavares re-signs with the Islanders, fellow blue liners Mike Green and Calvin de Haan, and big winger James van Riemsdyk. Ryan rules out a reunion with Ilya Kovalchuk, but New Jersey could also be a destination for other stars of yesteryear like Joe Thornton or Rick Nash. Evander Kane, Paul Stastny, David Perron and James Neal are other top names who could wind up in Newark.

Ryan does add that the Devils may be content to sign just one of the big-name players on this summer’s free agent market. Given the luck he had making a blockbuster trade this year, Shero could surely explore the trade market instead of exclusively signing free agents. He may also want to give time to forward prospects like Michael McLeod and Joey Anderson, after Hischier, Jesper Bratt, and Blake Coleman found success this year. It will be a busy off-season one way or another for New Jersey and will continue to be a fun process of building a contender for team members and fans alike.

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