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Jake Virtanen

Vancouver Canucks Re-Sign Jake Virtanen

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The Vancouver Canucks will continue to try and coax a top-six player out of young Jake Virtanen, signing him today to a two-year contract. The deal carries an average annual value of $1.25MM, giving them a chance for a real bargain if he can reach his potential. Virtanen will still be a restricted free agent at the end of the deal, but now will have even more pressure to be a full-time part of the NHL team.

Selected sixth overall in 2014, Virtanen has lagged behind the development of several of his draft contemporaries including William Nylander (8th), Nikolaj Ehlers (9th), and Dylan Larkin (15th). While those players have already made huge impacts on their NHL clubs, Virtanen has only just put in his first season without spending any time in the AHL. In 75 games during the 2017-18 season, he recorded 10 goals and 20 points a total he’ll obviously have to improve on if he’s to be part of the solution in Vancouver going forward. With other prospects like Elias Pettersson and Adam Gaudette coming quickly to take big roles on the team, Virtanen has to find a niche somewhere in the lineup where he can thrive. GM Jim Benning believes he can, releasing this statement on his young forward:

We’re pleased to sign Jake to an extension. He adds physical presence and speed to our line-up and can help create offensive chances when going hard to the net. We look forward to seeing Jake take the next step in his game and consistently contribute to the team’s success.

Virtanen, 21, could be a huge piece of a Vancouver team that has a very talented young group coming through the ranks. If he can find his game and live up to his draft status that $1.25MM will be an incredible value. If not, it will be a difficult arbitration process going forward and one that might end up with him being forced to continue his career elsewhere. For now, we’ll have to wait and see how he plays this season and if he can be the kind of power winger they were hoping for.

Pacific Notes: Hughes, Virtanen, Chychrun

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While it was expected that the Canucks would make a quick decision on whether or not to turn top draft pick Quinn Hughes pro next season, it appears that the team hasn’t decided whether that’s the best move for him just yet.  In an interview with TSN 1040 (audio link), GM Jim Benning stated that he remains in conversations with Hughes’ family advisor in an effort to determine what’s best for his long-term development.  He also acknowledged the current logjam on their back end but indicated that if he was to attend training camp and play well enough to earn a roster spot that they would make a move to make room for him.  For him to attend camp, he’d have to be signed to an entry-level deal which would put an end to his NCAA eligibility although he would be able to play in the AHL.

More from the Pacific:

  • The Canucks have only one restricted free agent remaining in winger Jake Virtanen. From the same interview, Benning mentioned that the team remains in discussions with his agent Kevin Epp and classifies the talks as “going good”.  Given Virtanen’s inconsistency over the past couple of seasons, it’s likely that Vancouver will be pushing for him to sign a short-term contract.  The 21-year-old had ten goals and ten assists in 75 games last season.  He had a qualifying offer of roughly $875K but that expired back on July 15th.
  • Coyotes defenseman Jakob Chychrun is expected to resume skating next week as he continues to recover from offseason knee surgery notes Arizona Sports’ Craig Morgan. The team remains hopeful that he’ll be ready for training camp and if he does so and plays well early on next season, Morgan believes the team may look to get an early extension done rather than wait for him to his restricted free agency next summer.

Pacific Notes: Kovalchuk, Kings, Canucks, Ducks

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Los Angeles Kings free agent signee Ilya Kovalchuk finally spoke to the media today after agreeing to sign a three-year, $18.75MM deal with the Kings on June 23. The 35-year-old superstar has now spent the past five years in the KHL, putting up some great numbers and has made it clear that he believes that despite his age, he has three or four good years left in him, according to Fox Sports’ Jon Rosen.

The winger said one of his main reasons for choosing the Kings was because he wanted to play next to a high-end center like Anze Kopitar. Kovalchuk could be a perfect complement to Kopitar. The 35-year-old has been playing some of the best hockey of his career, posting 63 goals in his last two KHL seasons as well as winning MVP for Team Russia in the Olympics this past year.

Kovalchuk also believes he is young for 35, but declined to say that he could put up a 30-goal season next season, according to Helene St. James of the Los Angeles Times. Kovalchuk last posted a 30-goal season in the NHL back in the 2011-12 season when he scored 37.

  • Sticking with the Kings, Lisa Dillman of The Athletic (subscription required) does a Q&A with head coach John Stevens, who says that the Kings had no choice, but to place more responsibility on young players on their defense. The team has five veterans to hold down the core of the defense in Drew Doughty, Jake Muzzin, Alec Martinez, Dion Phaneuf and Derek Forbort. However, the team will have to rely on younger players, like Paul Ladue, Daniel Brickley and Kurtis MacDermid to fill out the rest of the roster. “There comes a point in time especially with the [salary] cap where you’ve got so many young guys. You have to make decisions,” Stevens said.
  • Jason Brough of The Athletic (subscription required) writes that after assessing the offseason in which the team spent money on multiple bottom-six forwards, the Vancouver Canucks are putting all their success next season on the scoring ability of their young prospects. For one, the team lost three of the team’s top five scorers and now besides Bo Horvat and Brock Boeser, the team will need to get increased scoring output from other forwards, including Elias Pettersson, Sven Baertschi, Nikolay Goldobin, Brendan Leipsic and Jake Virtanen. If they can’t make up for that offense, it should be another long season.
  • Eric Stephens of The Athletic (subscription required) looks at the Anaheim Ducks salary cap situation now and in one year from now to see if it will improve. Unfortunately the Ducks will not have much in terms of bad contracts that will come off the books in a year and the team will have to deal with other salary cap challenges instead. The team must deal with the cost of bringing back forwards Adam Henrique and Jakob Silfverberg, who will be unrestricted free agents as well as goaltender John Gibson, who will be a restricted free agent.

 

Free Agent Focus: Vancouver Canucks

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Free agency is now a little more than a month away from opening up and there are quite a few prominent players set to hit the open market while many teams have key restricted free agents to re-sign.  Here is a breakdown of Vancouver’s free agent situation.

Key Restricted Free Agent: F Sven Baertschi — Considered to be a player who could break out at any time, the 25-year-old restricted free agent never has had the opportunity as injuries have derailed any true success so far. Having already played in parts of seven seasons and three complete seasons, Baertschi has never played a full season or even close to that much (his season high is 69 games back in 2015-16). This past year, the winger only got into 53 games as he dealt with a jaw injury in December after being hit in the face with a puck and then separated his shoulder in March that ended his season. With 14 goals and 29 points, Baertschi has the potential to contribute to a young team if he can stay healthy.

While the team will likely find a way to ink him to a one-year extension (he made $1.85MM each of the last two years), the team must also determine if he’s a core player who will be a major contributor on his team in the future. Another injury prone year could force the team to move on from him if he can’t prove that he can stay on the ice.

Other RFA’s: F Reid Boucher, F Cole Cassels, D Anton Cederholm, F Michael Chaput, F Markus Granlund, F Griffen Molino, D Derrick Pouliot, D Troy Stecher, D Mackenze Stewart, F Jake Virtanen.

Key Unrestricted Free Agent: F Darren Archibald — Archibald’s name suggests that the team has little to worry about when it comes to their own free agents. With just three NHL-level unrestricted free agents, Archibald’s value stands out. The 6-foot-3, 210-pound wing provides the team with grit, solid skating and physicality and has started to step up for Vancouver this season. A long-time AHL player, Archibald got into 27 games for the Canucks this season, putting up four goals and nine points and was a favorite of coach Travis Green and might be a cheap fourth-line option for Vancouver (he made $650K last season) rather than the franchise go out and sign a veteran for that spot.

Other UFA’s: G Richard Bachman, F Nic Dowd, F Jussi Jokinen, F Joseph Labate, F Jayson Megna, D Patrick Wiercioch.

Projected Cap Space: The team should have plenty of cap space if the team is ready to spend after the retirements of Henrik Sedin and Daniel Sedin. They have a little less than $53MM committed to players for the 2018-19 season and few contracts of their own that they have to deal with. The team could attempt to add a few veterans to mesh with their young core of Bo Horvat, Brock Boeser and Elias Pettersson and must focus more of their attention on their defense, but they do have plenty of space to do that.

Photo courtesy of USA Today Sports Images.

Canucks Could Entertain Trading Sven Baertschi

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In general, it’s a bad idea for rebuilding teams to trade away promising young talent. While the Vancouver Canucks have defied the logic of a rebuild on several occasions, that rule applies to them as well. However, Jason Botchford of The Province makes a convincing case for one exception: Sven Baertschi.

Baertschi, 25, is a highly-skilled winger for the Canucks who has always carried a ton of potential since being selected 13th overall by the Calgary Flames in 2011. When on the ice, Baertschi shows flashes of brilliance that reminds fans of why he was selected so high. Yet, as Botchford points out, Baertschi has struggled to stay on the ice in his young career. In Calgary, it was inconsistency that kept him out of the lineup, but in Vancouver, it has instead been injury, which is even more concerning. Baertschi played in just 53 games this season and was shut down in early March with a separated shoulder. It was the third straight season in which Baerschi missed significant time and has still yet to crack 70 games in a campaign. Availability is one of the most important abilities a player can have and thus far Baertschi has failed in this department.

That alone is not enough to trade away a young player either, though. If Baertschi had played in 82 games in each of the past two seasons, he would have likely exceeded 20 goals and 45 points in both. If sold for pennies on the dollar, the often goal-hungry Canucks could live to regret a deal if Baertschi was to stay healthy and be a consistent 40-50 point player. However, Botchford also recognizes that Vancouver has ample depth in young player that they can afford to trade Baertschi if the right offer comes along. In particular, Botchford notes that Nikolay Goldobin has the makings of a very similar player to Baertschi and, beginning next season, is no long waiver-exempt and will require a full-time role. With players such as veterans Loui Eriksson, Sam Gagner, and Markus Granlund, Calder candidate Brock Boeser, young projects like Goldobin, Jake Virtanen, and Brendan Leipsic, and incoming prospects Elias Pettersson and Jonah Gadjovich, there is plenty of competition for spots on the wing, even without Baertschi. This doesn’t even count additions in free agency or with one of the Canucks early draft picks, either. There’s a safety blanket to moving Baertschi in the Canucks’ depth of options.

Will a deal actually happen? Baertschi is a restricted free agent and Botchford points to comments from GM Jim Benning stating that the team is only interested in re-signing him to a one-year deal. That doesn’t invoke feeling of confidence in their long-term plans for him. Then, even if he does have a full, consistent season, he would be an unrestricted free agent capable of pricing himself out of Vancouver for now return. It certainly appears that the time is now for the Canucks to capitalize on Baertschi’s remaining upside and intrigue to acquire further (re)building blocks. There’s always risk associated with trading away young talent, but for a player who has been better in theory than in reality thus far in his pro career, Benning and company would be smart to the pull the trigger this summer if the right opportunity presents itself.

Pacific Notes: Virtanen, Neal, Slepyshev, Sekera

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One preseason game remaining and Jake Virtanen remains with his team. The former sixth overall pick in 2014, has failed to crack the Canucks roster, but a solid training camp has many believing he has a good chance to become a regular in Vancouver this year, according to NBC Sports Cam Tucker.

After getting into 55 games two years ago with Vancouver in an underwhelming season, he managed to make just 10 appearances last year and even struggled with the AHL’s Utica Comets, scoring just 19 points in 65 games. However, his skills are obvious. Canucks GM Jim Benning has stated that his size and speed just need developing. At 6-foot-1 and 229 pounds and only 21 years old, Virtanen is trying to establish himself now, but is also trying not to think about whether he makes the roster this season. He has focused on his play instead and has already notched three preseason goals.

 

Salary Cap Deep Dive: Vancouver Canucks

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

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

Vancouver Canucks

Current Cap Hit: $73,012,499 (under the $75MM Upper Limit)

Entry-Level Contracts

F Brock Boeser (Two years remaining, $925K)
F Jake Virtanen (One year remaining, $894K)

Potential Bonuses

Boeser: $850K
Virtanen: $850K

Boeser is one of the Canucks hope for the future. The team’s 2015 first-round pick has been playing exceptionally well in camp and looks ready to take a major role on the team. After two years at the University of North Dakota, Boeser managed to play in nine games for Vancouver last year, putting up four goals and an assist in that span and averaged 2.78 shots per game as well. Virtanen, on the other hand is just trying to cement a starting role on the team. The sixth overall pick in the 2014 draft, Virtanen has been disappointing and has had trouble finding a role with the club, playing 55 games two years ago and then settling for just 10 games last year. A solid camp so far suggests, he might have turned it around as he looks to take his game to the next level.

One Year Remaining, Non-Entry-Level

F Daniel Sedin ($7MM, UFA)
F Henrik Sedin ($7MM, UFA)
D Erik Gudbranson ($3.5MM, UFA)
F Thomas Vanek ($2MM, UFA)
F Sven Baertschi ($1.85MM, RFA)
D Troy Stecher ($925K, RFA)
F Markus Granlund ($900K, RFA)
F Alexander Burmistrov ($900K, RFA)
F Anton Rodin ($700K, UFA)
F Reid Boucher ($688K, RFA)
D Patrick Wiercioch ($625K, UFA)

On a positive note, there are many contracts that are set to expire next year, which could give the Canucks quite a bit of cap space. What the team will do with the Sedin brothers, long-time franchise players, is still up in the air. Rumors that they have no interest in going to a contender to finish out their careers suggest that they may choose to retire or sign up for a much shorter, much cheaper deal with Vancouver. While both have been leading the franchise, their numbers have begun to decline now that they are 36 years old with Daniel Sedin putting up just 15 goals and 44 points a year ago, while brother Henrik also just putting up 15 goals and 51 points.

There are very few potential unrestricted free agents that are critical to the team’s building of the future. While Gudbranson is just 25 years old, the team has shown a willingness to move on from the defenseman and has been talked about in trade rumors all offseason. The former third-overall pick in 2010 didn’t fare well in his first year in Vancouver, suffering a wrist injury and playing in only 30 games. The team may want to move on before they lose him. Vanek, signed late in the offseason, is also likely a trade chip at the trade deadline.

As for restricted free agents, the team still has high hopes that Baertschi will continue to improve. After struggling to break into the Calgary Flames starting unit, Vancouver picked him up and got 15 goals in 2015-16 and another 18 last year. The 24-year-old could easily wind up on the team’s second line and have a big year. Granlund, 24, is another youngster who stepped up a year ago, putting up 19 goals as a full-time starter. Stecher will also be a free agent. The 23-year-old undrafted free agent had a solid rookie season after coming to the Canucks from the University of North Dakota. He is penciled in as a first-line defender. The team also has high hopes they can turn around Burmistrov’s career. The former top-10 pick in 2010 was signed away from Arizona with the hopes he can fill a need in the bottom six.

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West Notes: Doughty, Foligno, Duchene, Virtanen

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Last weekend, Kings defenseman Drew Doughty had some intriguing comments about his future in an interview with Matt Larkin of The Hockey News where he suggested that he could be okay leaving the team in pursuit of a contender if the team struggles over these next couple of seasons.  Speaking with reporters, including Curtis Zupke of the LA Times, Doughty clarified the statement and stated his desire to remain with Los Angeles long-term:

“You just never know what can happen … but I want to be here and I’m pretty sure that the L.A. Kings and all [my] teammates want me to be here, too. I’m sure something will happen and we will get it done.”

Doughty has two years remaining on his current contract with a $7MM cap hit and will be eligible for unrestricted free agency in the summer of 2019.  The Kings already have more than $53MM committed to just 11 players for the 2019-20 season but undoubtedly will be prepared to make a significant offer to keep Doughty around well beyond then.

More from the West:

  • The Wild and RFA winger Marcus Foligno continued contract talks today, reports Michael Russo of The Athletic (Twitter link). While it appears that talks are progressing, the two sides have yet to agree on a contract.  Earlier this week, it was reported that a three-or-four-year deal is in the works which would buy out multiple years of UFA eligibility.
  • It’s no secret that Avalanche GM Joe Sakic is seeking a big return for center Matt Duchene. Speaking with WGR 550 in Buffalo (audio link), Sportsnet’s Elliotte Friedman reports that the Avalanche are seeking one of Nashville’s top-four defensemen plus another asset in order to ship Duchene to the Predators.  While Duchene would certainly give them a top-six replacement for James Neal, that would certainly be a steep price to pay, especially with Ryan Ellis out until early 2018.
  • After reporting to training camp well past Vancouver’s targeted weight for him, Canucks winger Jake Virtanen has come to camp in much better shape this time around, notes Ben Kuzma of the Vancouver Province. At 215 pounds, Virtanen is well below the 231 he checked in at this time last year and that might help give him a leg up on a possible fourth line spot despite not exactly lighting it up in the AHL last season (he had 19 points in 65 games).  Head coach Travis Green acknowledged that the Canucks plan to give their fourth line a big workload this season which may make that role a better one for him over more playing time back with AHL Utica.

Canucks Notes: Virtanen, Miller, Burrows, Hansen

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Although Canucks right winger Jake Virtanen has struggled once again this season, Sportsnet’s Elliotte Friedman noted in an interview with Sportsnet 960 in Calgary (audio link) that he doesn’t expect the team to give up on the former first rounder just yet (transcription via Fan Rag’s Chris Nichols):

“But it’s looking to me right now that the Vancouver Canucks and Jake Virtanen – for whatever reason it’s oil and water right now. It’s not a mix. They probably should have sent him down last year. But you’re not giving up on a guy who is a first-round pick after two years. You’re still going to keep it, even though he’s devalued a bit.”

Virtanen made the NHL roster out of training camp but struggled early on, collecting just a single assist in ten games.  He was then sent to the minors in November in the hopes that he would rediscover his scoring touch but that has yet to happen as well as he has just five goals and five assists in 39 minor league contests.  However, he’s still just 20 years old so it’s far too early to sell low on him (which they would be doing by moving him now) just yet.

Other notes out of Vancouver:

  • While the team remains within striking distance of a playoff spot (they’re just five points out of a Wild Card position), Sportsnet’s Mark Spector argues that the Canucks need to be in full seller mode. He cautions about what goaltender Ryan Miller would fetch in a possible trade as many playoff-bound teams already have their goaltending in place and that he’d be more of an insurance policy than an upgrade.  He also notes Alex Burrows as someone who would be attractive to teams and suggests that New Jersey’s return for Vernon Fiddler from the Predators (a fourth round pick) could be around what they should expect to get for him.
  • Ben Kuzma of the Vancouver Province notes that GM Jim Benning will talk to some of the players with some form of no-trade protection about potentially waiving those clauses as the team gets set to begin their CBA-mandated bye week on Monday. That list is a long one as Daniel Sedin, Henrik Sedin and Loui Eriksson all have no-move clauses, Burrows, Miller, Brandon Sutter, and Alex Edler all have full no-trade clauses while Jannik Hansen can block a trade to 21 teams.  Kuzma also suggests that the Canucks may have some extra motivation to try and move Hansen in particular as he may be a player the team considers leaving unprotected in June’s expansion draft.

Friedman’s Latest: Florida, Alzner, Virtanen

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In Elliotte Friedman’s latest wonderful 30 Thoughts column, the Sportsnet reporter goes in detail on Florida’s recent philosophical change that resulted in the firing of head coach Gerard Gallant last week. Comparing the Panthers to baseballs Pittsburgh Pirates of 2013 – a team that completely bought into an analytical approach and made the playoffs for the first time in twenty years. The Panthers are trying similarly to buy-in to a game-changing approach, even after the most successful season in franchise history.

Part of the turnaround will hopefully be Tom Rowe stepping from the front office to behind the bench, but Friedman has another note. The Panthers moved Dave Bolland out this summer to clear cap room for a major acquisition in-season. Whoever that ends up being, combined with the return of Jonathan Huberdeau could be a huge swing for the Panthers down the stretch. It cost Lawson Crouse to rid themselves of Bolland, meaning they better take advantage of the cap space it bought them.

  • In looking at the upcoming free agent class, Friedman zones in on two names in particular. Kevin Shattenkirk, who has been widely talked about since the last draft as being a possible trade candidate, and Karl Alzner, the steady Washington defenseman who is said to be looking for somewhere between $5.5-6MM dollars this summer. Alzner has been a rock for the Capitals, but with shrinking cap space the team likely won’t be able to afford him past this season. If he does make it to the open market, Friedman points to Western Canada for hints on who will be after the former Team Canada captain (World Junior’s, 2008).
  • The Buffalo Sabres are still a rebuilding team, but have suffered through a ton of injuries this season and may not be as bad as their record looks. Interestingly, Friedman reports that the team has been scouting a ton of the Vancouver Canucks’ AHL affiliate Utica. While he opines that the team is watching Jake Virtanen who has been up and down all year between the two clubs, perhaps something other than Evander Kane was brought up when Buffalo and Vancouver were talking earlier this year.

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