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Kevin Hayes

New York Rangers Sign Kevin Hayes To One-Year Deal

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The New York Rangers have settled with Kevin Hayes prior to his arbitration hearing, but it’s not for a long-term deal. According to Elliotte Friedman of Sportsnet, Hayes has signed a one-year contract worth just over $5MM, which would make him an unrestricted free agent next summer. Larry Brooks of the New York Post gives a bit of detail, reporting the deal is worth $5.125MM. Hayes was scheduled for an arbitration hearing on August 2nd, which only could have resulted in a one-year contract for the 26-year old.

Hayes is coming off a season in which he traded some point production for more goals, scoring a career-high 25 times but only registering 44 points. A very useful player for the team who can line up at wing or center, there was already plenty of reason to believe that the Rangers could be interested in trading him for the right price. The team has committed to getting younger and faster over the last year, and it wasn’t clear that Hayes really fit into that plan going forward. The team also has several interesting center prospects ready to take on bigger roles, and Mika Zibanejad still signed for another four years.

A deal of this sort gives Hayes a chance to impress early in the season with improved performance, but also puts him squarely in the crosshairs for a February trade. A player many teams would love to have for a late-season playoff push, if there’s no chance of a long-term deal the Rangers would be making a mistake by not moving him for a return as they recently did with Rick Nash, Michael Grabner and Nick Holden. The team isn’t expected to really contend for the Stanley Cup again next season, but are building an incredible prospect pipeline in short order.

At a little over $5MM, Hayes is certainly an affordable target for teams at the deadline, especially if any of the salary has been given out as a signing bonus. With teams struggling to find center depth and willing to pay a premium for it when in a playoff race, the Rangers may have just secured themselves another nice package with very little risk. That’s assuming that the team doesn’t re-open extension talks in 2019, when the two sides will be able to negotiate. For now, all contract talks have to be put on hold until January since it is just a one-year deal.

With the earlier signing of Miikka Salomaki with the Nashville Predators, that leaves just six restricted free agents still scheduled for arbitration. One of those is Rangers’ forward Ryan Spooner, who is also only eligible for a one-year award given his age. The team, meanwhile, has quite a bit of cap space remaining even after adding Hayes big deal, and could take on some excess salary in trade if they are given the opportunity. For a team trying to complete a quick rebuild, getting assets by flexing their financial muscle is an easy way to speed up the process.

New York Rangers, Kevin Hayes Far Apart In Negotiations

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Given the number of unsigned restricted free agents that the New York Rangers had on their plate to begin the off-season, it’s impressive that they have already locked up the bulk of those young players without much issue. However, Ryan Spooner and Kevin Hayes still remain without an extension and are slated for a salary arbitration hearings later this week. It seems at least one of those cases is likely to make it through to the arbitrator’s decision, as the New York Post’s Larry Brooks reports that Hayes and the Rangers are not close to a long-term extension.

According to Brooks, little progress has been made between the two sides in recent weeks and with Hayes’ hearing scheduled for Thursday, August 2nd, it seems the best case scenario now is a one- or two-year deal negotiated post hearing, while the more likely result is simply accepting the one-year award. Hayes is believed to be seeking between $5.5MM and $6MM per year on a long-term contract, which Brooks believes he could get on the open market. However, the Rangers don’t seem likely to make a commitment of that magnitude for Hayes and that might be a good call. The 26-year-old is a well-rounded center, but the Rangers are deep down the middle – for now – and Hayes has yet to crack 50 points in a season through four NHL campaigns and could regress from many of the career-high marks he set last season.

However, this still adds a new obstacle to the Rangers’ rebuild. A one-year contract for Hayes would make him an unrestricted free agent at the end of next season and thus a major trade deadline piece should New York struggle again in 2018-19. He would join Mats Zuccarello and possibly Spooner as impending free agents next summer who would be likely trade bait. The only problem is that trio could also be among the Rangers’ top scorers next season and could set the rebuild back even further if they end up making progress during the campaign, only to be dealt for picks and prospects. The Rangers rebuild was never going to be neat and tidy given their current composition, but after a smooth off-season to this point, Hayes is the first obstacle that signals some difficult choices coming up for New York.

Remaining Restricted Free Agents

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We’re getting closer to turning the calendar over to August, and there is still a lot of work to do for teams around the NHL. 10 arbitration cases remain unsettled, including for star players like William Karlsson and Mark Stone. Both will be extremely interesting to follow, as their respective teams have tough decisions on their hands.

For the Vegas Golden Knights, do you hand out a long-term expensive contract to a player that is still relatively unproven. Though Karlsson scored 43 goals this season he had just 18 career tallies beforehand, and finished this season with an impossible 23.4% shooting percentage. There is almost no chance that he can maintain that rate going forward, meaning his huge 2017-18 season may be a career-high. On the other side of that coin though is the increased opportunity he was given after switching teams, which could provide a realistic chance for him to be a 30-goal, 65-point player going forward. Signing him now would likely get you a bit of a discount on that type of scoring threat, though Vegas would assume almost all of the risk.

In Ottawa, there’s no clear direction on how the team will deal with Stone’s impending unrestricted free agency. Obviously one of the team’s most talented players, an arbitration award of one year would stop the Senators from negotiating with Stone’s camp until January on any potential extension and could make him a prime trade candidate. The 26-year old posted his fourth consecutive 20-goal season in 2017-18 despite playing in just 58 games. With all the turmoil in Ottawa it could be difficult to convince him to stick around long-term.

Beyond the arbitration cases though there is an incredible amount of talent left on the RFA board. Dylan Larkin, William Nylander, Sam Reinhart, Shea Theodore, Josh Morrissey and many others remain unsigned and could all be looking at expensive long-term deals with their respective clubs. These players are already excellent players in the NHL before they’ve even become eligible for arbitration and could really grind the offseason to a halt if they decide to hold out. There’s no indication that anyone is planning a long negotiation, but we’re now almost a month into the signing period without any deals.

Below is the full list of unsigned restricted free agents:

Ondrej Kase (ANA)
Nick Ritchie (ANA)
Marek Langhamer (ARZ)
Sam Reinhart (BUF)
Noah Hanifin (CGY)
Garnet Hathaway (CGY) – Scheduled for arbitration, July 30
Hunter Shinkaruk (CGY)
Patrik Nemeth (COL) – Scheduled for arbitration, August 4
Gemel Smith (DAL) – Scheduled for arbitration, August 1
Dylan Larkin (DET)
Matt Puempel (DET)
Darnell Nurse (EDM)
Michael McCarron (MTL)
Kerby Rychel (MTL)
Miikka Salomaki (NSH) – Scheduled for arbitration, August 2
Kevin Rooney (NJD)
Steven Santini (NJD)
Miles Wood (NJD)
Kevin Hayes (NYR) – Scheduled for arbitration, August 2
Ryan Spooner (NYR) – Scheduled for arbitration, August 4
Cody Ceci (OTT) – Scheduled for arbitration, August 1
Mark Stone (OTT) – Scheduled for arbitration, August 3
Robert Hagg (PHI)
Jordan Schmaltz (STL)
William Nylander (TOR)
William Karlsson (VGK) – Scheduled for arbitration, August 4
Shea Theodore (VGK)
Eric Comrie (WPG)
Nicolas Kerdiles (WPG)
J.C. Lipon (WPG)
Josh Morrissey (WPG)
Nic Petan (WPG)

Full 2018 Arbitration Hearing Schedule

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Almost four dozen players decided to file for salary arbitration this summer, and while some of them have already been signed to contracts many others now know when their hearing will take place. The NHLPA released the full schedule of hearings, spread out from July 20th to August 4th.  Remember that players can sign up until an arbitrator awards a contract, including in the short window after the hearing.

July 20

Jacob Trouba – Team filing: $4.0MM, Player filing: $7.0MM. Awarded one-year, $5.5MM contract.

July 23

Brett Kulak – Team filing: $650K, two-way contract, Player filing: $1.15MM, one-way contract. Awarded one-year, $850K contract.

July 24

Brandon Montour – Team filing: $1.5MM, Player filing: $4.5MM Settled before hearing, two years $6.775MM

July 30

Garnet Hathaway – Team filing: $650K, Player filing: $975K Settled before hearing, one-year $850K

August 1

Cody Ceci – Team filing: $3.35MM, Player filing $6.0MM. Awarded one-year, $4.3MM contract.
Gemel Smith – Team filing: two-way contract, Player filing: $900K. Awarded one-year one-way, $720K contract.

August 3

Mark Stone – Team filing: $5.0MM, Player filing $9.0MM Settled before hearing, one-year, $7.35MM

August 4

William Karlsson – Team filing: $3.5MM, Player filing $6.5MM

Metropolitan Notes: Rangers, Grant, Guentzel, Ho-Sang

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The New York Rangers have made a few changes, but so far remain quiet this offseason as the real changes the team has made has been in their coaching staff. From new head coach David Quinn to assistant coaches Greg Brown and David Oliver, the team expects many of the changes to be within the organization as new coaches mean using players in different ways, which could see several players see big improvements.

Shayna Goldman of The Athletic (subscription required) breaks down some of the changes the coaching staff intends to implement this season and suggests the team could get boosts in performance from multiple players, targeting Kevin Hayes, Pavel Buchnevich, Brady Skjei and Kevin Shattenkirk.  Assuming Hayes isn’t traded this offseason as has been rumored, the team could see him take another step in his development.

Shifted into a shutdown role more recently, Hayes has been successful, but he has the skills to be a top offensive forward if needed, which could happen this season. Buchnevich is another offensive force who has been slowed by injuries, while the team has high expectations for Skjei and Shattenkirk (finally healthy) to return to form as top-four defenders.

  • The Athletic’s Josh Yohe (subscription required) explains the reasoning behind the Pittsburgh Penguins’ recent signing of center Derek Grant. While there has been recent talk about the excessive amount of centers the team has, there have been even more after the team added Grant. Yet, Yohe writes that the Penguins feel the team needs as many centers as they can find for depth purposes and that Grant could find himself playing either center or wing, depending on how training camp shakes out. However, the possibility the team might still make a late offseason trade remains a legitimate possibility, suggesting that Derick Brassard could be moved still.
  • The Athletic’s Nick Kelly (subscription required) writes that Pittsburgh Penguins Jake Guentzel is enjoying his offseason this year, while playing in Da Beauty League, because he got some extra time off when the Penguins were eliminated in the second round of the playoffs this past year. While he has no wish to get that extra time off again, Guentzel has spent his time this offseason in the weight room in hopes of becoming a more well-rounded player. He hopes to take his game to the next level after a full season in which he tallied 22 goals and 48 points last year. However, he scored just two goals in his final 20 games, suggesting he needs to work on his strength and conditioning to take that next step.
  • Newsday’s Andrew Gross writes that the New York Islanders Joshua Ho-Sang should get a clean slate with a new coaching staff and management coming into the fold. Ho-Sang is expected to take on a full-time roll with the organization this year after he spent most of last season in the AHL due to issues with Ho-Sang’s attitude. The 22-year-old criticized management about how they were handling their development. He started the season in New York, posting solid numbers, including two goals and 12 points in 22 games, but was sent down to the Bridgeport Sound Tigers to work on other parts of his game and played 50 games there, but struggled at times, finishing with just eight goals.

Remaining 2018 Arbitration Dates

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As usual, arbitration hearings scheduled for later this month have been getting cancelled every day as teams lock up their restricted free agents. Hearings are scheduled each year between July 20th and August 4th, but we’ve already seen 18 players that filed for player-elected salary arbitration reach a settlement with their respective teams. Those players are listed below, with their contract details:

Elias Lindholm (CGY) – 6 years, $4.85MM AAV
Trevor van Riemsdyk (CAR) – 2 years, $2.3MM AAV
Matthew Nieto (COL) – 2 years, $1.98MM AAV
Devin Shore (DAL) – 2 years, $2.3MM AAV
Joel Armia (MTL) – 1 year, $1.85MM AAV
Phillip Danault (MTL) – 3 years, $3.08MM AAV
Blake Coleman (NJD) – 3 years, $1.8MM AAV
Stefan Noesen (NJD) – 1 year, $1.73MM AAV
Jimmy Vesey (NYR) – 2 years, $2.28MM AAV
Taylor Leier (PHI) – 1 year, $720K AAV
Alex Lyon (PHI) – 2 years, $750K AAV
Jamie Oleksiak (PIT) – 3 years, $2.14MM AAV
Dmitrij Jaskin (STL) – 1 year, $1.1MM AAV
Oskar Sundqvist (STL) – 1 year, $700K AAV
Colin Miller (VGK) – 4 years, $3.88MM AAV
Liam O’Brien (WSH) – 1 year, $650K AAV
Connor Hellebuyck (WPG) – 6 years, $6.17MM AAV
Tomas Nosek (VGK) – 1 year, $962.5K AAV

The remaining arbitration schedule looks like this:

July 20

Chris Tierney (SJS)
Jacob Trouba (WPG)

July 22

Adam Lowry (WPG)

July 23

Brett Kulak (CGY)
Mathew Dumba (MIN)

July 24

Brandon Montour (ANA)

July 25

Joel Edmundson (STL)
Brandon Tanev (WPG)

July 27

Mark Jankowski (CGY)

July 28

David Rittich (CGY)
Jason Zucker (MIN)

July 29

Troy Stecher (VAN)

July 30

Garnet Hathaway (CGY)
MacKenzie Weegar (FLA)
Marko Dano (WPG)

July 31

Brady Skjei (NYR)

August 1

Cody Ceci (OTT)
Gemel Smith (DAL)

August 2

Miikka Salomaki (NSH)
Kevin Hayes (NYR)

August 3

Mattias Janmark (DAL)
Mark Stone (OTT)
Brock Nelson (NYI)

August 4

Ryan Spooner (NYR)
Patrik Nemeth (DAL)
William Karlsson (VGK)

Metropolitan Notes: Panarin, Oleksiak, Skjei

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With the team’s work with their restricted free agents now complete, Columbus Blue Jackets general manager Jarmo Kekalainen now has time to work on more important projects for the team. The GM’s top priority is to attempt to talk to star Artemi Panarin and try and talk him into signing a long-term deal. Now, NHL.com’s Igor Eronko reports that Kekalainen intends to meet with Panarin in France on Monday.

Panarin, who will be an unrestricted free agent next season, could become the headline superstar available to teams like John Tavares was this offseason. The 26-year-old originally signed with the Chicago Blackhawks and was traded a year ago to Columbus to alleviate salary cap issues. He posted excellent numbers with the Blue Jackets in the first season, putting upu 27 goals and a career-high 82 points. He has already stated that he isn’t willing to discuss an extension “as of now,” and it has been suggested by his agent Dan Milstein that the Blue Jackets might be better off trading him now.

Kekalainen obviously hopes that he can either convince Panarin to consider signing an extension soon or be convinced that he will have to make a trade to get Panarin to a team that he wants to play for.

  • The Pittsburgh Penguins locked up defenseman Jamie Oleksiak to a three-year, $6.4MM deal a few days ago, but it shows how far the 6-foot-7, 255-pound blueliner has come, according to Jason Mackey of the Pittsburgh Post-Gazette. Unable to break into the Stars’ lineup throughout the first five years of his career, he found himself traded to Pittsburgh where assistant coaches Jacques Martin and Sergei Gonchar altered his entire game like the franchise has done in the last few years with other blueliners such as Justin Schultz, Ian Cole and Chad Ruhwedel. Using film, they have worked on his defensive skills, penalty killing, his shot and his stickhandling to start and have high expectations for him next season. His offense has already started as in 47 games with Pittsburgh he posted four goals and 14 points.
  • Shayna Goldman of The Athletic (subscription required) breaks down the New York Rangers restricted free agency dilemma, especially looking at what to do with defenseman Brady Skjei in regards to giving the blueliner a bridge deal or long-term deal. The scribe looks back to forward Kevin Hayes, also a restricted free agent, who received a two-year bridge deal, but now will cost the team quite a bit of money. Skjei, who is coming off a down year, might be better off with a bridge deal to see what kind of player he becomes over the next two seasons. However, a long-term deal might also be quite beneficial because it would come at a lower cost. Even if he doesn’t become more than a third-pairing defenseman, a low-cost long-term deal has quite a bit of trade value as well.

Salary Cap Floor Should Not Pose Problems For Any Team In 2018-19

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The purpose of the salary cap in the NHL is to maintain a sense of competitive balance across the league. That means both limiting how much a team can spend, the salary cap ceiling, but also ensuring that every team is competitive with a minimum expenditure, the salary cap floor. Some teams, generally those in smaller markets or undergoing rebuilds, tend to try to toe the line of the salary cap floor, paying as close to the minimum as possible for their roster. In years past, some teams have even struggled to hit that mark, taking on injured players or overpaying players in order to pass the floor. It’s unlikely that any of the 31 franchises will face that problem in 2018-19.

This season, with a corresponding jump in the salary cap ceiling, the floor moved to $58.8MM. With the bulk of unrestricted free agency accounted for, just three teams currently sit below that mark: the New Jersey Devils, New York Rangers, and Winnipeg Jets. However, both the Rangers and Jets can immediately be crossed off as a salary floor concern. The pair are perhaps the two teams with the most potential salary tied up in salary arbitration this off-season.

The Jets currently have the lowest projected payroll in the league, with a 16-man roster that accounts for approximately $52.7MM. However, Winnipeg’s list of restricted free agents who have filed for arbitration include Vezina candidate Connor Hellebuyck, defenseman Jacob Trouba, and forwards Adam Lowry, Chris Tanev, and Marko Dano, as well as defenseman Tucker Poolman who did not file. Those six players could easily combine for more than $20MM in combined salary when all is said and done, putting the Jets well clear of the floor and closer to the ceiling. Defenseman Josh Morrissey, who is not arbitration eligible also needs a new contract. Winnipeg is far from a floor concern.

In New York, the Rangers sit at $55.8MM in projected cap committed to 16 players, just $3MM shy of the floor. They also need to re-sign a majority of their young core, with forwards Kevin Hayes, Ryan Spooner, and Jimmy Vesey and defenseman Brady Skjei having filed for arbitration. The Rangers could pass the floor by extending just one of those players, nevertheless all four. New deals for those three forwards still leaves New York one or two shy of a full roster as well, meaning more salary will come into the fold via promotion or an additional acquisition.

As for the Devils, New Jersey is already close to the floor at a projected $56.4MM for 19 players. Forwards Blake Coleman and Stefan Noesen have filed for arbitration and the deals for both could be enough to push the Devils to where they need to be. Even if it doesn’t, the team will still need to sign non-arbitration eligible RFA’s Miles Wood and Steve Santini, whose deals should definitely be enough. New Jersey will likely be a team that hovers close to the floor next season; that didn’t stop them from making the playoffs in 2017-18, though.

Perhaps the only team who should be legitimately concerned about the salary cap floor next season in Ottawa. The Senators and owner Eugene Melnyk have made it no secret that they are trying to shed salary and come in as close to the minimum as possible. Right now, the team sits just $3MM above the floor at a projected $61.8MM roster for 20 players. However, that isn’t including the arbitration resolutions for both defenseman Cody Ceci and forward Mark Stone. Those two deals will put Ottawa well above the floor. Even if the team was to trade star defenseman Erik Karlsson, they should remain above the floor, especially with additional salaries likely to be added in the trade return. The one scenario in which Melnyk could succeed in dropping significant salary would be if both Karlsson and Bobby Ryan were to be traded away. The resulting $13.75MM loss in payable salary would more than offset the contracts for Stone and Ceci and likely the contracts of those players coming back as well, potentially dropping the team below $58.8MM. Yet, even in that case, the Senators’ efforts to fill out their roster after losing Karlsson and Ryan – either by promotion or acquisition – could easily be used to get back to that mark.

The salary cap floor was never intended to be used as a target for teams to hover above and spend as little as possible. The goal of the NHL is have each and every team be competitive, not simply trying to maximize profits. As such, the 2018-19 season has some parity promise as seemingly no team will struggle to get over the floor or have to use contracts for the old and injured to get there. For the first time in years, every team seems set to be competitive and comfortably over the minimum cap hit.

All cap figures are courtesy of CapFriendly.com.

Metropolitan Notes: Hayes, Flyers, Faulk

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Between the draft and the early days of free agency, it has become clear that quality centers are in more and more demand. Accordingly, Larry Brooks of the New York Post opines that the Rangers may soon face a crossroads with Kevin Hayes.  The restricted free agent is one year away from unrestricted free agency and is coming off the type of season that would have a lot of teams interested in him; he had a career-high 25 goals in 76 games last season.

With that in mind, Brooks thinks that a $6MM or more payday will be on the horizon if Hayes makes it to the open market next summer. That means the Rangers will have to decide in the coming weeks whether they want to be the ones to give him that type of contract or look to cash in on the demand for centers around the league and make a trade instead.

More from the Metropolitan:

  • The Flyers pursued some help at center in free agency but the term that was being sought was too long for them, notes Dave Isaac of the Cherry Hill Courier-Post. Instead, they appear set to try to fill the void that was vacated by Valtteri Filppula’s departure internally with returning players like Scott Laughton and Jordan Weal potentially getting a chance to take on a bigger role. Philadelphia also had interest in adding a veteran defender but again, they have decided now to keep a spot open for a youngster such as Travis Sanheim to make a run at a full-time role.
  • Even though they don’t play the same side, Tuesday’s addition of defenseman Calvin de Haan could help push Carolina towards trading blueliner Justin Faulk, suggests Luke DeCock of the Raleigh News & Observer. The Hurricanes now have Dougie Hamilton and Brett Pesce locked up for at least the next three years on the right side which could make Faulk, who carries a $4.833MM cap charge for two more seasons, expendable. There is high demand for top-four right-shot defenders so it stands to reason that they could get a strong return if they do indeed decide to deal the 26-year-old. In the same column, DeCock reports that de Haan turned down more lucrative offers than the four-year, $18.2MM deal he signed with Carolina.

Rangers Likely To Trade A Center This Offseason

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With many teams in the league looking for center help this offseason and seeing few options on the free agent market, the trade market seems to be the best way to fill that heavily in-demand. Just earlier this week, the Montreal Canadiens traded Alex Galchenyuk, who failed to succeed at the center position for the team in previous years, to Arizona. The Coyotes have already stated they intend to move him back to center in hopes that he can make the conversion and fill their No. 2 center hole.

The New York Rangers seem to be in a unique situation. Despite the franchise suddenly finding themselves in rebuilding mode, the one thing the Rangers have plenty of is reliable centers. In fact, the team has eight potential centers currently on the roster, including Mika Zibanejad, Kevin Hayes, Lias Andersson, Filip Chytil, Vladislav Namestnikov, Ryan Spooner, Boo Nieves and Brett Howden. While some of those eight will be forced to move to the wing position, there is also a strong possibility that the team will move at least one of those centers during the offseason, and very possibly, before next week’s draft.

Larry Brooks of the New York Post writes that while the team has a solid combination of Zibanejad, Chytil, Hayes and Andersson currently penciled in as their top four centers next season, that’s a logjam at that position that likely would not aid the development of Chytil and Andersson, two teenagers who need as much playing time as possible at the NHL level. Andersson especially, last year’s No. 7 pick in the 2017 draft, needs time on the ice and a fourth-line role isn’t going to cut it.

The scribe writes that Hayes may be available after quietly putting up a career-high 25 goals while playing center for New York last year. The restricted free agent is in line for a potential five-year deal worth about $4.5MM per year based on his success last season and there is no guarantee that Hayes would earn the No. 2 center spot with all this depth. Regardless, Hayes would be a highly coveted commodity for many teams who are in desperate need for help at that position.

The key for the Rangers is to trade him straight out for help on their blueline, according to Brooks, who adds that New York is unlikely to use Hayes as part of a package to move up in the draft. The team’s biggest need is at defense and there are many teams that could use a center and have defense to trade, including the Calgary Flames who might be ready to move Dougie Hamilton.

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