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Looking Ahead To 35+ Contract Situations

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In the NHL, signing players after they turn 35-years old comes with some added restrictions and capabilities. For one, those players are now eligible for one-year contracts that include performance bonuses, a way to mitigate risk for the team while still providing opportunities for previously successful players. The big restriction though, is that the cap hit of any contract signed after 35 will stay on the books regardless of what happens with the player. Whether their bought out or retire, the team will still face the full cap hit for the entire length of the deal.

This year, we saw Colorado swallow their pride and buy out Francois Beauchemin even with this extra clause, and they will face the full $4.5MM cap hit this season. Mike Cammalleri, who is now 35 himself and was similarly bought out will not fall under this rule because he signed his contract several years ago. Only if the contract is signed after 35 does it come into effect.

With that clear, let’s look at some of the players who will be under contract for the 2018-19 season and could potentially cause their teams a cap hit without actually playing for them. Here are all the 35+ contracts that will still be active after the coming season.

Patrick Marleau – Toronto Maple Leafs

The Toronto Maple Leafs signed Patrick Marleau to a three-year, $18.75MM contract this offseason and took a substantial risk in doing so. Marleau turns 38 before the season starts, and though he has been known to keep his body in great shape throughout his career is clearly on the regular downward trajectory every player experiences. The Maple Leafs did an interesting thing to reduce some of their risk however, by front-loading Marleau’s contract and paying nearly the whole thing out in signing bonuses. Patrick Marleau

On July 2nd 2019, a few months before the final season of the contract begins, Marleau will have just $1.25MM left owed to him. Though he’ll be 41 for that season, and still carrying a $6.25MM cap hit, he’ll be a near-free option for a team struggling to hit the cap floor. That’s assuming he’s not still effective and the Maple Leafs want to keep him around, though they will be paying their young players like Auston Matthews a good chunk of the cap and may need the room. Marleau does have a no-movement clause, but if he’s set on retiring anyway it likely wouldn’t matter to him if his contract was traded.

Justin Williams – Carolina Hurricanes

Williams signed a two-year deal with the Hurricanes to return to the place he won his first Stanley Cup, and he comes with very little risk for the club in terms of retirement. Still a very effective scoring option, last season Williams actually registered his highest goal total since his days in Carolina a decade ago. It’s hard to see how he would fall so far in 2017-18 to make him think retirement was the only option.

That said, there is always a chance that a 35+ player could fall off a cliff production wise or just reach a point in his life that he wants to move on from hockey. If he did that next summer, the Hurricanes would be on the hook for a $4.5MM cap hit with no player to show for it. Luckily, the Hurricanes are one of those cap floor teams and an empty hit like that would pose no issue to their salary structure. They’d rather have an effective Williams in the lineup, but this deal came with almost no risk.

Ron HainseyRon Hainsey – Toronto Maple Leafs

Here come the Maple Leafs again, who handed out two multi-year deals to 35+ players this offseason. Hainsey comes fresh off a Stanley Cup victory with the Pittsburgh Penguins in his first taste of the playoffs, and will be expected to log difficult minutes in Toronto to take some pressure off their young group. His two-year, $6MM deal also comes front loaded should the team need to move him next summer.

Hainsey will be 38 when the contract expires, and some have already started to point out his deficiencies as the years roll on. With the Maple Leafs having to make decisions on James van Riemsdyk, Tyler Bozak, William Nylander and Leo Komarov next summer, any further decline from Hainsey could be a problem. With no buyout relief available, the Maple Leafs would likely have to bite the bullet and keep him around through the end of the deal.

Alex Burrows – Ottawa Senators

It took a two-year extension from the Ottawa Senators to get Burrows to waive his no-trade clause at last year’s deadline, and that number will be tough to watch for the team should he continue his rapid decline. For a player who once scored 35 goals in a season, Burrows had just 24 the last two combined. While he did show some better jump in the Ottawa lineup, the team has several young players who will deserve more playing time over the next couple of seasons.

$2.5MM isn’t the end of the world, but when you’re a team who works on a tight internal budget like the Senators every dollar can mean a lot. Without the buyout option and the risk of Burrows hanging it up, that $2.5MM could haunt them next summer. Luckily, it will expire before the team needs to shell out the dollars for Erik Karlsson, who will be eligible for extension next offseason but won’t have his expected record-breaking deal kick in until 2019-20.

Ryan Miller – Anaheim Ducks Ryan Miller

Anaheim took a risk handing out a 35+ contract to Miller, but there doesn’t seem to be any sign of him wanting to retire just yet. He’s now closer to his offseason home with actress Noureen DeWulf, and $2MM per season to backup John Gibson seems like a perfect scenario 37-year old goaltender. Even though he could suddenly turn ineffective, their faith in Gibson and his similar inexpensiveness (he’s owed just $2.3MM in each of the next two seasons) covers their back.

Derek MacKenzie – Florida Panthers

The two-year extension the Panthers gave their captain last summer was a surprising one, if only because you don’t usually see players of his stature receive a guaranteed contract a year before they’re due for one. MacKenzie signed his first 35+ contract, but it comes at such a small cost—$2.75MM total over two years—that it poses little risk. The team wouldn’t need to buy him out, and even if he were to hang up his skates next summer they would have plenty of cap room. Besides, the Panthers have had great success with 35+ contracts in the past—just ask Jaromir Jagr.

Photos courtesy of USA Today Sports Images

Oshie Contract A Huge Gamble

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When the Washington Capitals opted to re-sign T.J. Oshie to a $5.75 MM AAV for the next seven years, the hockey world was rightfully befuddled. Most expected Karl Alzner, Justin Williams and Oshie to depart, while the team locked up Evgeny Kuznetsov and retained other important pieces. Some anticipated the possible exposure or dumping of Brooks Orpik and his $5.5 MM for the next two seasons. Instead, the Capitals decided to pay the 30 year old Oshie to an extraordinarily long deal.

Oshie has indeed been one of the best wingers in the game over the last few seasons. He’s broken 50 points each of the last four campaigns, and his production on the powerplay has been incredibly valuable in maintaining high-octane offense. He’s also performed admirably in the post-season on a team where quite a few other individuals have fallen short. 22 of his 31 post-season points have come with Washington in just the last two years. That said, he will be 37 at the conclusion of this deal. It’s almost unheard of to maintain the production or speed you had at 30 when you are 37. Oshie’s decline could come as soon as the next few seasons. Oshie easily could have gotten this term on the open market as the best available winger, but is it wise to invest so heavily in this particular player?

In an off-season where many teams opted to go with shorter-term on unrestricted free agents, Oshie’s contract stands out as a future potential albatross. But how much will it impact Washington’s window? Well, the short answer is that we won’t know until the team finds itself playing games next spring.

Oshie’s signing, in conjunction with the Kuznetzov signing, forced the movement of Marcus Johansson from the roster. Johansson actually scored more points than Oshie last year, and his game is more well-rounded. Oshie’s Corsi For % has consistently declined over the last two seasons in Washington, Johansson’s has increased. Although Oshie has greater creativity and flash, Johansson has been a consistent performer of late, and had two years remaining on a very reasonable $4.58 MM contract. Perhaps more importantly, Johansson is four years Oshie’s junior. On a team that will need to fill gaps internally, going with the younger player is not often the wrong decision. Especially with losing both Nate Schmidt and Alzner on the backend, they will need younger players to contribute at every position in relief this season.

Ultimately, this decision will be judged in terms of post-season success. Still, when the team has lost two top-six wingers and a top pairing defenseman, it’s hard not to question the management’s handling of the situation. Alex Ovechkin and crew are still looking for a conference finals berth, and taking such steps backwards in the Metropolitan Division can only draw fire from an increasingly frustrated fanbase.

Free Agent Profile: Jaromir Jagr

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Not many believed that Jagr would be left without a contract over a full week into July. While many Florida fans believed GM Dale Tallon was looking to impress his vision on the franchise in an aggressive way, a return at a reduced cost seemed possible. Barring that, Jagr was sure to draw interest from offense-starved squads. He was listed as our 13th best available UFA for a reason, and yet, there’s been little to no chatter on the Czech star.

Jagr has seen a dip in his value, undeniably. He scored 11 less goals than the previous season; that said, he’s still a lock for 40 points. He’s slowed down quite noticeably, and one can only imagine that is the crux of his issue in attracting suitors. His vision and hands are still world-class, but his speed is an encumbrance to whichever line he’s on. That said, he’s a positive impact player in terms of analytics and fancy possession stats. If you look at his HERO chart (a handy bar-graph representation of advanced stats such as shots suppressed and generated), he performs well above the “prototypical” second-liner. No one in the analytics community seems to understand how such a consistent performer can be left unclaimed at this date. People constantly criticize players like Jagr for poor defensive qualities. There is an element of truth to these claims, as he is certainly hustling harder going north than south. But results, and actual goals against for his lines over the years, show that perhaps he knows something we don’t.

The game is changing, and with faster teams heading deeper into the playoffs, Jagr’s ability to fend off attackers and maintain a cycle is less valuable than it was previously. More rush play, more dump and chase, and less east-west movement through the neutral zone is the way many teams are hoping to push the pac and tilt the ice in their favor. Signing Jagr doesn’t fit that trendy ideology, and that’s the main holdup at this juncture. The amount of teams who are willing to slow the game down, even just on special teams, are becoming fewer and fewer. Ultimately, he will find a home, but it could be a drastic reduction in pay and icetime. Jagr was already getting acclimated to a sheltered role with short shifts, but he may be even more of a utility skater in his new home.

If for nothing else, Jagr is a magician on the powerplay and can pass the puck with ease. He would be a wonderful asset merely as a leader, whose experience and off-ice attributes would benefit the growth of younger players.

Potential Suitors

We originally projected that Jagr would return to the Florida Panthers, as we also believed would be the case for Thomas Vanek. We were wrong on both fronts, as Dale Tallon has opted instead for a massive roster shakeup. Jagr quipped on Twitter that he had no calls this July 1st, although that claim may merely be an attempt to garner greater interest.

A New Jersey reunion might be in the cards. They finished 29th in goals for and Jagr could be relegated to 3rd-line duty with a healthy roster after all of GM Ray Shero’s shuffling. He’s certainly not going to lead the team in scoring, but in the tough Metro division it’s difficult to see them making the playoffs anyway. In what should be a year to build upon, and with multiple youngsters (Nico Hischier, Pavel Zacha) looking to cement themselves in the league, what better role model than Jagr to provide leadership and calm? The team could also do to add NHL proven forwards – they have the second fewest organizational contracts at 33, and many are not ready for prime-time.

Although they’re not the ideal landing spot, the New York Islanders seemingly always need a little extra fire power. They too have the disadvantage of trying to survive in the high-flying Metro, and Tavares could use another piece on the powerplay to bring it back to respectability (they finished with a 15% conversion rate in 2016-17). Again, his leadership abilities on a relatively young squad would provide a good example. He can also still manufacture chances on his own, and outside of Tavares, the team still struggles with that for long stretches. Pair him with one of their many two-way forwards, such as Josh Bailey, and his minimal defensive shortcomings won’t be as impactful. Cap room on an internal basis is an issue, but Jagr is getting cheaper by the day.

Many teams could take a flier on a one year deal. At 45 years-old, it would be highly unlikely to make a significant commitment to him. Arizona and Colorado could both certainly use the offensive help, but they both moved on from their own free agent old-timers in Shane Doan in Jarome Iginla, so both seem unlikely. Carolina already added a greybeard in Justin Williams, but scoring depth couldn’t hurt there. Vancouver is already incredibly old, so why not double down at this point and help out your special teams? And there’s always the possibility that Jagr finally decides to take a paycut to chase after a final championship. It has been since 1992 for him.

Expected Contract

Jagr will continue to wait away in free agency limbo for some time. This may be his final contract, but it’s difficult to determine how important competitiveness of the team will be to him. I think he stays in the East, namely New Jersey, for one year at a measly $1.75 MM. It won’t delay the rebuild, which is necessary in Newark, but it will keep the team just above water in the division. I’m not certain Shero wants to gamble on a total tank, as we saw how well that worked for Colorado in the recent draft. They ultimately need proven forwards to round out the roster, and the price is right to buy low.

Carolina Signs Justin Williams To Two-Year Deal

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Justin Williams is headed back to the Carolina Hurricanes on a two-year deal. TSN’s Aaron Ward tweets that the Hurricanes are bringing back Mr. Game 7, who spent five seasons with the ’Canes before being dealt to the LA Kings during the 2008-09 season. From there Williams won two Cups with the Kings and then signed with the Washington Capitals in 2015. He won the Conn Smythe Trophy in 2014. The Hurricanes announced that the deal is worth $9MM, with Williams being paid $5MM in 2017-18 and then $4MM in 2018-19.

The 35-year-old winger seems to get better with age, putting up 24 goals this past year with the Capitals, albeit on a great offensive squad. Those 24 goals are his highest totals since the 2006-07 season when he was with the Hurricanes. He has become known as a clutch performer, especially in the playoffs. His consistency as both a goal-scorer and a passer remain the top reasons that a team would offer that type of money at his age.

On top of that, his playoff experience stands out, having won three Stanley Cup titles, including the 2014 playoffs when he scored 25 points in 26 games. Williams brings veteran leadership to a young Canes team looking to make some noise this season in the East. With a slew of signings and trades that saw them add Scott Darling in net, Carolina is positioning themselves to take a step forward.

PHR ranked Williams as the seventh best free agent, and had him receiving a two-year deal at $6.5MM.

 

 

 

10 Teams Checking In On Nick Bonino, Justin Williams

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Free agent meetings are coming fast and furious these days, and Darren Dreger of TSN is reporting that at least ten teams have checked in with both Nick Bonino and Justin Williams. Aaron Portzline of the Columbus Dispatch adds that the Blue Jackets are definitely one of those teams looking at the former Pittsburgh pivot. According to Arthur Staple the Islanders have reached out to Williams, who recently told the Washington Post that he wanted to “go to a team that has a chance to win.”

Williams and Bonino ranked 7th and 11th respectively on our free agent rankings, projecting a two-year $6.5MM deal for Williams, and a four-year $14MM deal for Bonino. Though Williams obviously has some more scoring upside, Bonino is more than six years younger and plays center ice. Whoever gets Williams won’t be upset with his production though, as the three-time Stanley Cup champion is one of the more durable and consistent wingers in the league.

It’s not surprising that each of these two have a big market, and it could very well result in one of the biggest contracts of the offseason for Bonino. One of the few players available under the age of 30 without any glaring flaws, he will stand out as a safe option for teams looking to make an impact on July 1st.

Williams on the other hand is a mercenary at this point, going to the bidder with the best chance at the Stanley Cup. While some may point out that team is the one he’s leaving—the Capitals have won the President’s Trophy as the best regular season team in both seasons with Williams—he likely feels frustrated with their inability to finish in the playoffs. That, and the fact that Washington has almost no cap flexibility for him should have him going somewhere else.

Snapshots: Fabbri, Williams, Girardi, Ducks, Red Wings

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The Blues will look to give Robby Fabbri a shot at playing center in training camp, NHL.com’s Lou Korac notes via Twitter.  The 21 year old played down the middle in junior but has exclusively played on the wing through the first two years of his NHL career.

Earlier today, it was revealed that center Patrik Berglund has been lost to shoulder surgery until December so there is a short-term opening down the middle.  Newcomer Brayden Schenn has spent time at that spot with the Flyers and the team has several other options but if Fabbri can make the switch, he would provide them another top six center option while also giving them some insurance behind veteran Paul Stastny who has one year left on his current contract.

Other news around the league:

  • Pending unrestricted free agent winger Justin Williams spoke with CSN Mid-Atlantic’s Jill Sorenson about his chances of re-signing with Washington. The veteran acknowledged that talks haven’t gone very far, saying “We haven’t had very in-depth discussions with Washington so far, so we’ll see”.  Williams put up 100 points over his two seasons with the Capitals and is slated to be one of the top scoring wingers to hit the open market on Saturday.
  • Tampa Bay has shown interest in soon-to-be UFA defenseman Dan Girardi, notes Joe Smith of the Tampa Bay Times. Girardi was recently bought out by the Rangers but has had several teams express an interest in talking to him during the current interview period.  Smith adds that the team has yet to reach out to blueliners Karl Alzner and Cody Franson at this time.
  • The Ducks have re-signed goalie Kevin Boyle to a one year, two-way contract, TVA Sports’ Renaud Lavoie reports (Twitter link). The deal will carry an NHL salary of $675K.  Boyle split the season between Anaheim’s AHL and ECHL affiliates but put up an impressive .924 SV% in 19 AHL appearances in 2016-17.
  • Anaheim also re-upped defenseman Jaycob Megna to a two year, two-way deal per CapFriendly on Twitter. The 24 year old made his NHL debut with the Ducks this season but spent most of the season with AHL San Diego, collecting 27 points (5-22-27) in 62 games.
  • The Red Wings have re-signed defensemen Brian Lashoff and Dylan McIlrath to two year, two-way contracts, also per CapFriendly. Lashoff played in five games with Detroit – his first NHL action since 2014-15 – but spent the bulk of the year with AHL Grand Rapids, suiting up in 62 games.  McIlrath was acquired at the trade deadline from Florida as part of the Thomas Vanek trade.  The former first rounder has played in just 43 career NHL games and spent time in three different organizations last season.  He’ll likely reprise his role as a depth defender with Grand Rapids to start 2017-18.  Both contracts are worth the league minimum $650K at the NHL level and $275K at the minor league level.

Free Agent Focus: Florida Panthers

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The free agent period is now less than one week away from opening up and there are several prominent players set to hit the open market while many teams have key restricted free agents to re-sign.  Here is a breakdown of the Florida Panthers’ free agent situation.

Key Restricted Free Agents: D Alex Petrovic only had 1 goal and 13 assists last season, but his possession stats were remarkably solid among his peers at 50.8% Corsi For. He earned $1.05 MM on his last contract, and he is due at least a slight raise. His size (6’4″) and physicality is an important asset to round out the bottom pairings of the defensive corps, even if management isn’t expecting him to light the world on fire. D Mark Pysyk, also 25 years old, has shown a bit more potential. He has less of a shutdown presence, but makes up for it by contributing to the offense on occasion. He moves the puck well with a solid if unremarkable first pass – which in today’s possession-centric NHL tends to increase value. Pysyk still hasn’t put it all together, but he’ll be a useful cog for Florida going forward. Interestingly enough, Florida’s defense is so sparse that both Pysyk and Petrovic were protected.

Other RFA’s: G MacKenzie Weegar.

Key Unrestricted Free Agents: F Jaromir Jagr. Jagr is certainly on the downside of his career, but he still can produce points at a decent clip. He’s been a mainstay of the Panthers offense for the last two-and-a-half seasons. He only netted 16 goals, but added 30 assists to reach a reasonable 46 points. However, his contract was a tad overpriced for a 45 year old, at a $4 MM cap hit. Management apparently wants the veteran back on the squad next season according to a report by the Miami Herald’s George Richards. Richards states that the price would need to come down, but there is a solid chance he could get last year’s salary from another team desperate for production. If Florida truly wants to bring back the battle-tested winger (who sits 3rd in all-time goals), they will need to find room within their internal cap structure. His speed is certainly becoming an issue, and it remains to be seen how integral he is perceived internally.

F Thomas Vanek doesn’t look likely to make a return to the Sunshine State, as he is quite arguably the 4th best winger available after Alexander Radulov, Justin Williams, and Patrick Marleau. The chances of seeing Vanek seeing a contract similar to his $6.5 MM earned the last three seasons are almost completely non-existent, but he could easily fetch near $5 MM offer for multiple years from an offense-starved squad. Vanek did net 48 points last season, but he has the potential to do more. Vanek will almost surely find his kindest offers elsewhere. He only netted two goals in 20 games after being acquired from the Detroit Red Wings.

Other UFA’s: F Micheal Scarbossa, D Jakub Kindl, G Sam Brittain, F Kyle Rau, F Brody Sutter, G Adam Wilcox, F Chase Balisy, F Graham Black, F Paul Thompson, D Reece Scarlett, G Colin Stevens, F Steven Hodges, D Brent Regner.

Projected Cap Space: The Panthers do have slightly over $20 MM in cap space if they were to re-sign no one, but they are almost certain to re-sign Pysyck and Petrovic to short-term deals. Weegar has also been extended a qualifying offer, but it will likely be a two-way deal. Assuming they make a combined $4 MM, GM Dale Tallon will likely have about $16 MM in space with 16 roster players accounted for.  His main concern has to be solidifying the defense so a repeat of last year doesn’t happen. However, with Jon Marchessault and Reilly Smith inexplicably shipped to Vegas, and likely one of Jagr and Vanek headed to other destinations, Tallon needs to add solid secondary scoring. It’s expected that Florida will be active on July 1st and into the Summer, especially with so many expiring organizational contracts – they only have 26 of the allotted 50 as of today. The organization has tried to revamp on the fly, but they will need a remarkably successful summer to re-coup all that is being lost especially in light of the meager talent available in the UFA pool. The biggest money constraint is whatever ownership places the internal cap at, which is unbeknownst to the league at large.

Offseason Keys: Washington Capitals

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While expansion was the early headline in what will be a busy NHL offseason, there are still several other storylines for each team in the months to come. Here is a closer look at what lies ahead for the Washington Capitals.

2016-17 was largely more of the same in Washington.  They were the top team in the regular season but once again came up short in the played after being ousted by Pittsburgh in the second round.  GM Brian MacLellan went all in with this group and now faces a summer where nearly half the team needs new contracts even after the re-signing of T.J. Oshie.  That’s highlighted in multiple keys for their offseason.

Re-Sign The Russians

Washington has a pair of restricted free agents that have already been speculated as candidates to return home to Russia in center Evgeny Kuznetsov and defenseman Dmitry Orlov.  Kuznetsov is the less likely of the two to go but he has suggested in the past that it’s something he would consider if contracts talks don’t go well at the start.

Apr 19, 2017; Toronto, Ontario, CAN; Washington Capitals defenseman Dmitry Orlov (9) carries the puck against the Toronto Maple Leafs in game four of the first round of the 2017 Stanley Cup Playoffs at Air Canada Centre. Washington defeated Toronto 5-4. Mandatory Credit: John E. Sokolowski-USA TODAY SportsOrlov’s a more intriguing case, however.  It took until late September for them to reach an agreement on a one year post-bridge contract worth $2.57MM.  He responded with a career season and has arbitration rights.  If he wants to secure an NHL deal, going that route seems like a logical outcome.  If Orlov is considering playing in the KHL (and in the Olympics) though, this could be one that drags out for a while yet.

As for Kuznetsov, he’s also coming off his bridge deal and is lined up for a significantly larger payday than the $3.4MM salary he received in 2016-17.  While his deployment was largely as a second liner thanks to Nicklas Backstrom being in front of him, he has produced like a front line player and will be looking to be paid like one; he too has arbitration rights.  There’s a good chance his cap hit of $3MM from this past season will be doubled in this next deal which is something MacLellan will need to keep in mind as he plots out his other re-signings.

Decide On Remaining UFAs

Even after re-signing Oshie, the Capitals have one of the more prominent unrestricted free agents in defenseman Kevin Shattenkirk.  Acquired as a rental player in advance of the trade deadline, it’s unlikely that he’ll be back.

However, beyond Shattenkirk, Washington has a couple of other veteran players who are bound to garner plenty of interest.  Blueliner Karl Alzner is a top four stay-at-home player and his market will be one to watch given what happened to Kris Russell last summer.   Winger Justin Williams has shown that he’s still a capable second line forward and should have several suitors as well.  The Caps would undoubtedly like to keep both of them in the fold but they can’t afford to bring everyone back.  MacLellan will need to have a few other plans in place depending on what the market dictates if everyone makes it to July 1st unsigned.

Add Left Side Defensive Help

Alzner has been a staple on Washington’s back end for the past seven seasons, giving them a dependable left side defender who can log top four minutes.  Him leaving via free agency would create a big hole to fill.  The team was hoping that Nate Schmidt would be able to step in to take that spot but he wound up being selected by the Golden Knights in the Expansion Draft so that option is off the table as well.

Presently, the Capitals have just two left shot defensemen under contract for next season in Brooks Orpik and Taylor Chorney and both of them aren’t ideal candidates for top four roles.  Even if the team keeps one of their better right side players on the left, there’s still one vacancy that will need to be filled.

How MacLellan projects out the cap situation may dictate which route he goes to cover that spot.  The cap hit will be pricier with a free agent signing and wouldn’t cost them any assets but would they prefer to go the trade route to get a cheaper fit even if the acquisition cost is higher?  With so few players signed for next season presently, a lot is in flux with just a week to go until free agency opens up.

Photo courtesy of USA Today Sports Images.

Snapshots: Tanev, Cullen, Williams, Trotz

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The Dallas Stars have expressed interest in acquiring Canucks defenseman Chris Tanev, reports TSN’s Frank Seravalli.  There’s no word on how far those talks progressed but reports from earlier this week suggested that Vancouver would need to be blown away by an offer if they were to consider trading the 27 year old blueliner away.

Tanev has three years remaining on his contract with a cap hit of $4.45MM and is viewed league-wide as a strong shutdown defender.  With the Stars adding a defensive-oriented coach in Ken Hitchcock this offseason, it’s no surprise that they would be targeting a defensively-sound player like Tanev.  Seravalli notes that Tanev’s modified no-trade clause kicks in on July 1st which allows him to block a trade to eight different teams.

Elsewhere around the league:

  • While Penguins center Matt Cullen has said he won’t make a decision on his playing future until sometime in the offseason, he acknowledged to Michael Russo of the Star Tribune that “It’s pretty likely that this will be the end” of his career. The 19 year veteran continues to play an important bottom six role in Pittsburgh, logging over 14 minutes a game in the postseason while chipping in nine points through 24 games.  He has been one of the better bargains since joining the Pens and had a cap hit of just $1MM this past season.
  • Winger Justin Williams has met with Capitals GM Brian MacLellan to discuss a new contract, notes CSN Mid-Atlantic’s JJ Regan (Twitter links). While no agreement has been reached, another meeting has already been scheduled.  The 35 year old is coming off his second straight strong season with Washington, collecting 24 goals and 24 assists in 80 regular season games while adding nine points in 13 postseason contests.  He carried a cap hit of $3.25MM and given the lack of top six scoring on the open market, Williams could find himself in line for a raise if he makes it to free agency.
  • Still with the Capitals, MacLellan doesn’t anticipate the fact that head coach Barry Trotz is heading into the final year of his contract will be any sort of distraction, notes Matthew Paras of the Washington Times. The GM added that they’ll discuss an extension once there is evidence of improvement from the team which suggests that Trotz is likely to at least start the season without any more job security.  Paras adds that Washington goalie coach Mitch Korn is contemplating retirement.  He has been coaching for the past 26 years, the last three of which were with the Capitals.

Oshie Nearing Deal With Caps

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According to Sportsnet’s John Shannon in an interview on Sirius XM Radio, T.J. Oshie’s agent has all but finalized a deal with the Washington Capitals. Considering that Oshie was a top-three UFA forward heading into this off-season, nearing a signing with cash-strapped Washington comes as a bit of a surprise. Oshie had previously stated his desire to remain in America’s capital city, but players are often pushed out in situations such as these. RFA Evgeny Kuznetsov was obviously going to take precedence over the older Oshie, and allotting him cap dollars seemed to place the writing on the wall for T.J.

If he were to return at a discount, it’s difficult to see a player of his caliber making anywhere under $5 MM on a multi-year deal. Perhaps he does less to accommodate his team’s management, but it is quite rare that we see a player take a paycut of more than a million or so. What must be considered is that this is also the crafty Oshie’s opportunity to cash in financially on a career year. It was indeed his fourth straight season breaking 50 points, but only his first with over 30 goals. A lot of that has to do with his unsustainable season shooting percentage of 23.1%, an absurd figure for any player. As an offensive force in an exceptionally poor UFA summer, his value is likely never to be higher.

For the Capitals, if they are able to accommodate him in their internal structure, it would mean quite a few changes coming elsewhere in the lineup. Karl Alzner would be all but guaranteed to move on from the organization, and Kuznetsov’s negotiations may become more heated in hopes of driving price down. Justin Williams was already nearly assured to be on his way to a bidding war in free agency, but this development would virtually secure that fate. It could also imply that a trade of a bigger contract is under consideration by the organization, although the rumblings of potential transactions have thus far been mere conjecture. GM Brian MacLellan will certainly have some shuffling ahead if he hopes to ice a balanced team before next season.

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