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Jake Allen

Devils To Sign Jake Allen To Five-Year Extension

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Jake Allen won’t be the top goaltender on today’s free agent market after all. He’s signing an extension with the Devils, Kevin Weekes of ESPN reports. It’s a five-year deal worth $9MM, paying him $1.8MM per season, according to Elliotte Friedman of Sportsnet.

Allen, 35 in August, leaves significant money on the table but gains long-term financial stability on what will presumably be the last contract of his NHL career. He’ll be 39 years old when the deal runs out following the 2029-30 campaign. Still, he likely could have landed a multi-year commitment worth nearly $5MM annually on the open market, per James Nichols of New Jersey Hockey Now.

It’s evident that term was the priority for Allen as he enters his 13th NHL season. It looked like there may be a resolution this morning when reports indicated the Devils were aggressively trying to keep Allen.

Allen isn’t a starter at this stage of his career – he was never more than a tandem option anyway – but he was the most established of the UFA group of goalies and was coming off a good platform campaign. Acquired from the Canadiens at the 2024 trade deadline, he finished the year with a .900 SV% in 13 games and entered 2024-25 as the backup to Jacob Markstrom, whom New Jersey paid a pretty penny to acquire from the Flames last summer.

While he didn’t receive Markstrom’s workload, he was still the Devils’ best goalie by the numbers. He posted a .906 SV% in 31 games compared to Markstrom’s .900 mark, and analytics paint a picture of an even wider chasm. Allen saved 18.4 goals above expected compared to Markstrom’s more conservative 3.4, per MoneyPuck.

New Jersey now gets to run back one of the league’s better one-two punches in goal at a combined price tag of $5.925MM against the cap, thanks to Calgary retaining salary on Markstrom, who’s a free agent next summer. They have $12.59MM in cap space left to spend with three open roster spots, according to PuckPedia.

Notably, it looks like young No. 3 netminder Nico Daws will hit the waiver wire during training camp. The 24-year-old is entering the final year of his contract at a cap hit of $812,500 but is due $850,000 in actual salary on a one-way deal, which may dissuade a claim.

Image courtesy of Ed Mulholland-Imagn Images.

UFA Notes: Allen, Schmidt, Ceci, Perry, Asplund

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The Devils are likely to go “down to the wire” on extension talks with goaltender Jake Allen before the market opens at 11 a.m. CT today, independent insider Frank Seravalli reports.

Allen was a spectacular backup option to Jacob Markström in his first full season in Jersey. There’s no surprise that they’ve expressed strong interest in retaining him, but they’ll likely have to commit significant financial resources to do so. He’s the clear top goalie available amid a weak market and could very well have multiple offers out there for three or more years with an AAV north of $5MM.

Would the Devils be willing to make him their highest-paid goaltender for a season? Markström has some salary retained by the Flames, so he only costs $4.125MM against the cap as he enters the final season of his contract. A multi-year commitment to the 34-year-old Allen might still be a good idea to help guard against a potential Markström departure next summer, especially with no true blue-chip prospects in the system.

Despite a 13-16-1 record, Allen put up better numbers than Markström last year in 20 fewer starts with a .906 SV% and 5.0 GSAA while tying him with four shutouts. He may decide to at least wait to test the market to see if a goalie-needy team like the Sharks, who also need to add nearly $20MM in cap hits next season to reach the floor, gives him an offer he can’t refuse.

Other notes of interest before the market opens:

  • While the Panthers have managed to get extensions done for Sam Bennett, Aaron Ekblad, Brad Marchand, and now depth forward Tomas Nosek in the last few days, the same won’t happen for defenseman Nate Schmidt. He’ll head elsewhere on the open market today after recouping some market value on a one-year deal with Florida following a buyout by the Jets, according to Pierre LeBrun of TSN and The Athletic. Schmidt, 34 in July, had 19 points in 80 regular-season games but broke out for a 3-9–12 scoring line and a plus-nine rating in all 23 playoff games for the Cats.
  • Another UFA Florida will lose is depth forward Rasmus Asplund. Swiss National League club HC Davos announced they’ve signed him to a two-year contract. Asplund, 27, saw just six games of NHL action with Florida this year and instead spent most of the season with AHL Charlotte, where he had 20 goals and 43 points in 63 games.
  • With the Kings expecting to lose Vladislav Gavrikov in free agency today, they’ve shown interest in inking Cody Ceci on the open market to help recoup some defensive depth, per Elliotte Friedman of Sportsnet. A righty compared to Gavrikov’s left-shot, Ceci might be more of a direct replacement for the recently-traded Jordan Spence rather than Gavrikov. The 31-year-old had 24 points and a plus-six rating in 85 games last season between the Sharks and Stars while averaging 21:13 per game, his fourth straight season above the 20-minute mark.
  • The Flyers will make a play for veteran winger Corey Perry today, Friedman says. The 40-year-old may have priced himself out of a new deal with the Oilers following a renaissance postseason performance for Edmonton, ranking second on the team with 10 goals in 22 games.

Metro Notes: Ehlers, Malkin, Allen, Bridgeport

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After today’s flurry of moves, Nikolaj Ehlers has arguably become the top pending free-agent forward available. Commanding plenty of interest already, Murat Ates of The Athletic lists the Carolina Hurricanes, New York Rangers, and Washington Capitals as known suitors. He also mentioned the Tampa Bay Lightning, but it’s incredibly unfeasible given their salary cap circumstances.

It’s unlikely to be an exhaustive list, but, notably, the three prominent teams listed come from the Metropolitan Division. It’s been known for several weeks that the Hurricanes were looking to make a significant addition this summer after falling short in another postseason appearance. With limited cap space themselves, the Capitals and Rangers may be engaging in some gamesmanship, and merely making life more difficult for their intra-division rival.

Still, with several prominent names taken off the board earlier today, Ehlers’s free agent landscape may have dramatically opened up over the last few hours. More than half the league is entering tomorrow’s action with more than $10MM in cap space, and Ehlers would be a notable needle-mover for nearly all of them.

Other Metropolitan notes:

  • A few weeks ago, Josh Yohe of The Athletic set the stage for a potential Evgeni Malkin trade, reporting that the Pittsburgh Penguins aren’t expected to offer him a contract beyond the 2025-26 season. Furthering that point this afternoon, Josh Getzoff, the play-by-play voice of the Penguins, indicated that General Manager Kyle Dubas will meet with Malkin and his representation regarding Malkin’s next steps with the team during next year’s Olympic break. It doesn’t necessarily guarantee a trade, as Malkin could retire in Pittsburgh after next season. Still, if he has any hopes of contending for one last Stanley Cup, he and his representation will negotiate a trade away from the Penguins by next season’s deadline.
  • Following the trend of some of his peers from today, there’s no guarantee netminder Jake Allen will be available to other teams once unrestricted free agency opens tomorrow afternoon. Peter Baugh of The Athletic reports that Allen and the New Jersey Devils are negotiating a new contract, which may extend until just before the deadline. It seems unusual for the Devils to prioritize extending Allen, especially since they already have Jacob Markström in goal, and considering that Allen would demand a high price as the market’s top available goaltender.
  • All signs indicate that professional hockey will return to Hamilton, Ontario. According to Frank Seravalli, the AHL’s Bridgeport Islanders, an affiliate of the New York Islanders, are expected to relocate to Hamilton beginning in the 2026-27 AHL season. The new team would play at the freshly revamped TD Coliseum. Seravalli did not indicate if Hamilton would retain their affiliation with the Islanders after the relocation, but New York’s affiliate agreement with Bridgeport expires after next season.

Goalie Jake Allen May Command $5MM Annually

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Pending free agent Jake Allen could be the top goalie available in this year’s free agent class, and he’s certainly approaching it as such. According to Anthony Di Marco of the Daily Faceoff, Allen is believed to be seeking a multi-year deal in the “$5MM AAV range.”

As Di Marco notes, Allen and the New Jersey Devils continue to discuss a potential extension ahead of free agency. However, it appears Allen is seeking at least a two-year deal and a large raise on his previous $3.85MM AAV deal. With the clock ticking and Allen set to be the top available goalie, the Devils will need to act quickly if they hope to retain him.

Allen, 34, is coming off a solid showing during the 2024-25 season. Despite his 13-16-1 record, Allen produced a .906 save percentage and 2.66 goals against average. His save percentage actually exceeded that of starter Jacob Markström, who posted a .900 mark, and the two goalies finished tied with four shutouts each, despite Markström starting 20 more games.

The Athletic’s Pierre Lebrun also recently made note of Allen’s strong position given the limited availability at the position in free agency. While Devils GM Tom Fitzgerald has expressed interest in re-signing last year’s backup, Allen is already drawing interest from other teams, with the Flyers, Oilers, and Sharks having been linked to the netminder.

While Allen was previously projected to land a two-year deal worth $3.5MM per season on the open market, according to AFP Analytics, both the term and annual value could exceed those expectations as teams scramble to secure his services. With this in mind, it will be interesting to see where Allen ends up next season. With the Devils holding just over $14MM in cap space (per PuckPedia), they may not be inclined to sign Allen for an AAV much higher than his last deal.

If the Devils are unable to come to an agreement with Allen, they could look to pair Markström with Nico Daws next season. While the 24-year-old Daws only appeared in six contests last season with the Devils, he impressed with a .939 save percentage.

Metropolitan Notes: Devils, Allen, Lemaire

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The Devils were among a myriad of teams interested in signing Jonathan Toews, and GM Tom Fitzgerald is still in the market for top-six forwards, per The Athletic’s Pierre Lebrun. Lebrun notes that Fitzgerald may be monitoring situations like the one Jason Robertson is currently facing with the Dallas Stars, and added, “Fitzgerald has been active fleshing out the forward market.” While Toews recently agreed to a one-year deal with the Winnipeg Jets, Robertson has been rumored to be available via trade.

While the Devils are led by young stars like Jesper Bratt, Jack Hughes, and Nico Hischier, they were the only players on the team to record more than 55 points last season. The Devils finished 20th in the league last season with 240 goals in the regular season and managed just 11 goals over five playoff games before being eliminated by the Carolina Hurricanes. If they hope to contend with the Eastern Conference’s top teams, they’ll need to boost their offensive production.

Elsewhere in the Metro:

  • Lebrun also notes that Devils’ pending unrestricted free agent goalie Jake Allen is in a strong position, given the limited depth available at the position in this year’s free agency market. As LeBrun notes, Allen led all soon-to-be free agent goalies with a .906 save percentage last season. While Devils GM Tom Fitzgerald has expressed interest in re-signing last year’s backup, Allen is expected to draw substantial interest on the open market. Notably, the Flyers, Oilers, and Sharks have already been linked to Allen.
  • Jacques Lemaire, who has been serving as the New York Islanders’ special assignments coach since 2018, is no longer with the organization, per NHL.com reporter Stefen Rosner. His departure from the Isles makes sense considering he was brought to the team by former GM Lou Lamoriello. Lemaire, 79, enjoyed a Hall of Fame playing career, recording 835 points in 853 NHL games. In 2017, he was named to the league’s “100 Greatest Players” list. He later transitioned to coaching, serving as an NHL head coach for 17 seasons, most notably leading the Devils to a Stanley Cup title in the 1994-95 season.

Flyers, Oilers, Sharks Linked To Jake Allen

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The Flyers, Oilers, and Sharks are among the most likely destinations for pending UFA netminder Jake Allen if he reaches the open market next week, according to David Pagnotta of The Fourth Period.

Allen reaching UFA status on July 1 seems likely at this stage. The 34-year-old is coming off a strong season as the No. 2 to Jacob Markström in New Jersey. He’s due to command a larger chunk of cash than he usually would otherwise because of a UFA class devoid of starting options. It’s not a guarantee, though. Devils general manager Tom Fitzgerald said earlier this month he’d make an effort to have Allen back in the fold next season and that there was some mutual interest in an extension.

Things have been quiet since then. Allen projects to land a two-year deal worth $3.5MM per season on the open market, according to AFP Analytics. With Markström likely to still receive the lion’s share of the starts as he enters the final year of his contract and the club looking to leverage its cap space to add to its forward group and get a long-term deal done for RFA defenseman Luke Hughes, that’s likely more than they’re willing to pay to keep him. They might be able to bring him back at a lower cap impact if they extend him a longer contract offer. Still, given his age and the fact that they have internal options like Nico Daws set to play next season on a one-way deal, it’s unclear if they’d be willing to offer him a three or four-year contract to bring the cap hit back down to the $2MM range.

That means Allen could be looking elsewhere for teams in a position to compensate him more up front and give him more than the 29 starts he received in New Jersey this past season. He doesn’t have a particularly lengthy resume as a starting or even 1A option, and he’s only hit the 40-game mark in a season once since 2019. Nonetheless, he played quite well in a 30-game slate last year behind much shoddier defense compared to how the Devils played in front of Markström. His .906 SV% and 2.66 GAA are above-average in their own right but translated to a far more raucous 18.4 goals saved above expected, according to MoneyPuck. That ranked ninth in the league and was more than names with more starts like Filip Gustavsson, Ilya Sorokin, and Joseph Woll.

He’s a good option to challenge an unestablished younger tandem option for the lion’s share of starts as a result, especially on the short-term commitment he’s expected to command. That makes all of Philadelphia, Edmonton, and San Jose logical fits. The Flyers arguably have the largest need for him. While they have Samuel Ersson and Ivan Fedotov under contract through next season, they were both fringe NHL options at best in 2024-25. Ersson was arguably the worst starter in the league, logging a .883 SV% behind a relatively competent Flyers defense that kept his GAA down to 3.14. While he’s recorded back-to-back 20-win seasons and may still have upside as a backup or 1B option, it’s hard to imagine the Flyers making any reasonable progress in their rebuild if he starts 40-plus games again in 2025-26 based on his underwhelming two years as a starter. Fedotov, while expensive at over $3MM against the cap, could be a candidate for waivers or a loan back to Russia after struggling to the tune of a .880 SV% and -13.6 GSAx in only 26 showings this year.

The Oilers’ need for a goaltending upgrade after Stuart Skinner and Calvin Pickard combined for a .888 SV% in the playoffs and a .897 mark in the regular season has become painfully apparent. If they’re unwilling or unable to leverage Skinner’s value how they see fit in a trade for a bona fide starting option – a highly unlikely outcome – they’ll likely look to land a modest return for the cost-effective Pickard while acquiring an option with a more recent consistent track record to take pressure off Skinner to be the clear-cut No. 1. They could find that in Allen. At his projected cap hit, they’d still be devoting just $6.1MM to their goaltending tandem, and seeing if Skinner can produce better numbers in a more limited workload will be valuable in helping them determine how aggressively to pursue extension talks for the 2026 UFA.

With Alexandar Georgiev out of the picture, one of the Sharks’ top offseason needs is a veteran goaltender to pair with top prospect Yaroslav Askarov as he graduates to a full-time NHL role for 2025-26. Allen would be the best available stopgap option as Askarov shifts from what will likely be a 40-game workload out of the gate to a 60-game one in a few years’ time. Swapping Allen’s play for Georgiev’s subpar .875 SV% and 3.88 GAA last season is likely enough on its own to vault the Sharks’ record back toward the 70-point range after averaging 53 standings points over the last three seasons amid the darkest years of their rebuild.

Devils Notes: Allen, Trades, Hischier

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New Jersey Devils general manager Tom Fitzgerald laid out many of the team’s off-season priorities to NHL.com’s Mike Morreale. He emphasized that re-signing defenseman Luke Hughes was a top priority, but then went on to add that the Devils will also make an effort to bring back backup goaltender Jake Allen. Fitzgerald said that Allen was one of the better goaltenders on the market, and that Allen’s camp has expressed a desire to stay in New Jersey.

Allen, 34, is coming off a two-year, $7.7MM contract signed with New Jersey in 2023. He was certainly a stout backup on that deal, landing a .904 save percentage and 19-22-2 record across 44 games. The bulk of those appearances – 31 to be exact – came behind Jacob Markstrom this season. Allen posted a 13-16-1 record and .908 save percentage on the year, but came up big for the Devils one more than one occasion. He’s a one-time Stanley Cup champion, and could be had for a cheap price on a deal that may carry him to retirement.

Other notes surrounding the Devils:

  • The Devils are entering the summer with just $12MM in available cap space, and could reason to spend nearly two-thirds of that on extending Hughes. That puts the team in a challenging spot when it comes to re-signing someone like Allen or Cody Glass. Fitzgerald shared he’s aware of the bind, and knows that the team will need to use strategic spending and trades to improve up the roster. The Devils don’t wield a first-round pick this year, but do have two second-round picks, and a well-built prospect pool. Trimming from either surplus could go far in landing New Jersey a stout addition, or helping them clear the cap space to make more moves.
  • Fitzgerald closed by shedding light on Devils captain Nico Hischier, who suffered a lower-body injury while at the World Championship. The GM said that Hischier’s removal from the tournament was precautionary, and that Hischier is back to training per usual. That’s great news for the 26-year-old, who posted 69 points in 75 games on the season. He also scored a career-high 35 goals, trumping his previous high of 31 goals from 2022-23. With good health, Hischier will be headed straight back to a starring role next season.

Metropolitan Notes: Nieto, Aho, Allen

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Prior to their afternoon tilt against the Devils, the Pittsburgh Penguins returned both forward Matt Nieto and defenseman Sebastian Aho to AHL Wilkes-Barre/Scranton, per Tribune-Review reporter Seth Rorabaugh.

Both were still considered healthy scratches for the NHL game, and as Rorabaugh notes, their return to the AHL is a part of the procedural process of emergency recalls. Teams are only allotted four standard recalls post-trade deadline, so these type of paper moves are common this time of year.

Nieto’s two-year, $1.8MM deal he signed with the Penguins ahead of the 2023-24 season is set to expire at the end of the season. His first year in Pittsburgh ended with a knee injury that required two separate procedures. While he was able to return to Pittsburgh’s lineup in a fourth-line role this past November, his play had been ineffective, registering just three points and a minus-eight rating in 31 contests. With the team falling down the standings and looking toward the future, the decision was made to option Nieto to the AHL. After clearing waivers on Feb. 27, Nieto was sent to Wilkes-Barre/Scranton and appeared in AHL games for the first time in 10-plus years.

Aho, a veteran of 190 NHL games, has spent the entire season playing for the Penguins’ AHL-affiliate and has suffered through multiple injuries along the way. He signed a two-year, $1.6MM contract with the Pens this past summer, but hasn’t been able to crack the NHL lineup to this point. In 17 games in the AHL this season, Aho has failed to register a goal and has collected seven assists. While he was able to post 23 points for the Islanders during the 2022-23 season, he has failed to find that success again and now finds himself buried behind younger prospects like Jack St. Ivany and Owen Pickering, and recent NHL-level additions Vladislav Kolyachonok, Conor Timmins and P.O. Joseph.

Elsewhere in the Metro Division:

  • The Devils’ 2024 deadline trade for goalie Jake Allen has officially been fulfilled and finalized, per James Nichols of NJ Hockey Now. The Devils will officially send the Canadiens a 2025 third-round pick. The terms of the deal came with stipulation that if Allen played in 40 or more games this season, the third-round pick would become the Devils’ 2025 second rounder. To this point, Allen has only participated in 25 contests, and at the completion of today’s game against the Penguins, the clock has run out on the Habs’ hopes of transferring the pick to a second rounder. As Jacob Markstrom’s backup, Allen has been solid for the Devils. Despite his 11-13-1 record on the season, he has a .910 save percentage and his goals against average sits at a nice 2.60. He is set for free agency following the season, and will undoubtedly be on the radar of many teams in need of support between the pipes.

Evening Notes: Arvidsson, Allen, Whitecloud, Sasson

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Edmonton Oilers winger Viktor Arvidsson has resumed skating for the first time since exiting the lineup last month with an undisclosed injury, Oilers head coach Kris Knoblauch shared with Daniel Nugent-Bowman of The Athletic. Knoblauch added that the hope is that Arvidsson will return to team practices next week. Little about the veteran winger’s injury has been revealed. He played through 14 minutes of ice time in his most recent game – an overtime win over the Islanders on November 12th. The Oilers announced Arvidsson as banged up shortly after that game, designating him as day-to-day. He was placed on injured reserve nine days later, and has since missed Edmonton’s last 11 games.

Arvidsson signed a two-year, $8MM contract with Edmonton this summer, but hasn’t found his footing in the new setting just yet. He’s played in 16 games and scored five points this season, though the bulk of that scoring came from a three-assist night against Pittsburgh on October 25th. Arvidsson has scored two goals in eight games since then, but still sits far away from the 31-goal season he managed in 2016-17. Repeated lower-body injuries held Arvidsson out of all but 18 games with the Los Angeles Kings last season, though he still managed an impressive 15 points. He’ll look to return to the lineup, and quickly rediscover his scoring kick, before the calendar turns over.

Other notes around the league:

  • New Jersey Devils goaltender Jake Allen is questionable for the team’s Tuesday game against Toronto per a team announcement. No specifics were provided as to what may limit the veteran backup. Allen was on the wrong side of a shutout on Sunday, allowing three goals on 22 shots in the Devils’ 4-0 loss to Colorado. Despite the losing efforts, Allen’s season-long stat line has been more encouraging – with a 5-4-1 record and .904 save percentage through 10 games. New Jersey would need to recall a backup for Jacob Markstrom should Allen miss Tuesday’s game. Utica Comets starter Nico Daws would likely stand as the next man up. Daws has three wins and a .897 in 13 AHL games this season.
  • Vegas Golden Knights defenseman Zach Whitecloud returned to full practices on Monday shares Jesse Granger of The Athletic. It’s the next step towards a return after Whitecloud returned to practices with a no-contact jersey on Friday. Head coach Bruce Cassidy told Danny Webster of the Las Vegas Review-Journal that Whitecloud is expected to play at some point on Vegas’ upcoming three-game road trip. The 28-year-old defender has two points, 14 penalty minutes, and a +5 through 21 games this season; while operating out of a bottom-four role. He’ll be quickly slotted back into the lineup when back to full health, likely bumping Kaedan Korczak to the press box.
  • The Vancouver Canucks are taking advantage of their off-days, assigning waiver-exempt forward Max Sasson to the minor leagues to help accrue cap space ahead of their Tuesday night game. Sasson made his NHL debut earlier this season and has since recorded two assists and a +2 in seven games. The 24-year-old has operated from Vancouver’s fourth-line, and is likely to return with a call-up before the Canucks’ next game. If he does stay in the minors, he’ll be returning to an AHL stat line featuring four goals, nine points, and six penalty minutes through nine games.

Devils Reassign Akira Schmid

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4:10 p.m.: The Devils have returned Schmid to Utica after dropping today’s game against the Hurricanes 4-2. Barring injuries, that’s where he’ll remain for the rest of the season. He likely won’t be needed for Monday’s game against the Rangers as Kahkonen reportedly made it to New Jersey after the loss, James Nichols of New Jersey Hockey Now reports.

10:45 a.m.: After acquiring Jake Allen and Kaapo Kahkonen in separate trades on Friday, the Devils returned goaltender Akira Schmid to AHL Utica.  However, his stint will be short-lived for now as team reporter Amanda Stein relays (Twitter link) that Schmid has been recalled and will serve as the backup today versus Carolina.

Kahkonen hasn’t made it to New Jersey just yet while Allen will require a work visa, a process that will be delayed due to the weekend so he likely won’t be available until closer to the middle of next week.  Accordingly, they needed a second option behind Nico Daws for today so this will qualify as an emergency recall, not one of their four post-deadline regular recalls.

It has been a disappointing season for Schmid so far.  After taking over as the starter down the stretch last season and into the playoffs, the 23-year-old has struggled mightily this season, posting a 3.15 GAA and a .895 SV% through 19 appearances.  Things haven’t gone any better with the Comets either with his numbers down there (3.47 and .886 respectively) being worse than at the NHL level.

One of the positives from New Jersey’s pivot to a new tandem entirely is that both Schmid and Daws will get to return to Utica for the stretch run, allowing them to both play some meaningful games down the stretch with the Comets in a tight battle for a playoff spot.  However, it will be a few more days before that will be able to happen.

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