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Kirill Kaprizov

Minnesota Wild Sign Kirill Kaprizov For Five Years

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The Minnesota Wild have re-signed winger Kirill Kaprizov to a five-year, $45MM contract. The deal carries a $9MM average annual value and takes him through the 2025-26 season. Daily Faceoff’s Frank Seravalli reports that the deal carries a no-movement clause for the final two years. Elliotte Friedman of Sportsnet reports the full salary breakdown:

  • 2021-22: $5.0MM
  • 2022-23: $10.0MM
  • 2023-24: $12.5MM
  • 2024-25: $10.0MM
  • 2025-26: $7.5MM

Minnesota had to wait five years after they drafted Kaprizov to see him in NHL action, but all can agree that he was worth the wait. This year’s Calder Trophy winner, Kaprizov was nearly a point-per-game talent. Playing over 18 minutes a night, the 23-year-old Russian led the Wild with 27 goals and 51 points, only missing one game all year. The Athletic’s Michael Russo reports that he’s due to arrive in Minnesota tomorrow and will deliver an in-person press conference pending vaccination status.

A full training camp and another year of acclimation to North America are both good omens for Kaprizov’s performance in 2021-22. A dominant scorer and a lethal power-play presence, Kaprizov aims to not only lead the Wild but to be one of the best talents in the Western Conference. Kaprizov put together a remarkable two-way performance for a rookie last season as well, posting a 51.2% Corsi for at even strength and boasted impressive advanced analytics as well. Steps forward in any regard will solidify his status as an elite talent and quickly make this deal worth its price tag.

The move comes after months of negotiations and nervousness on the part of Wild fans. The term and the dollar amount aren’t necessarily a surprise to anyone who’s been closely following the situation, however. A $9MM cap hit was reported as the likely value by The Athletic’s Michael Russo weeks beforehand.

Despite all the fanfare made about Minnesota’s salary cap situation this offseason following the buyouts of Zach Parise and Ryan Suter, the Wild still remain in decent shape for 2021-22. Kaprizov was the only remaining restricted free agent on the roster, and they’re still left with $3.2MM in space considering a 22-man roster. The true crunch comes next season, where the cap penalty due to the buyouts increases by a full $8MM.

Regardless, it’s an immediate relief for Wild fans, who’ll have five more years (in all likelihood) of a player who captured the eyes and hearts of many this season. Expected to be a franchise cornerstone moving forward, the Wild now look to push even further towards contention.

All salary cap figures courtesy of CapFriendly.com.

Photo courtesy of USA Today Images.

Latest On Kirill Kaprizov

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A few weeks ago, it seemed like things were progressing well in the contract talks between the Minnesota Wild and Kirill Kaprizov. A general structure of a five-year, $45MM contract had been tabled, and it appeared as though the high-scoring winger would be signed well before camp opens later this month. Now, without a deal announced, Wild fans are beginning to get nervous. Speaking with The Athletic’s Michael Russo, Minnesota GM Bill Guerin explained that the two sides still aren’t very far apart but that things haven’t progressed recently:

I will say this, we are at a point where we feel we’re being extremely fair. How far apart are we? Not very, but sometimes those can be the things that take a while. I mean, that’s the way I see it. You could ask Paul [Theofanous] or Kirill and they might say something very different.

Guerin continues to caution fans that this is normal with high-profile RFAs, as you can see from the ongoing negotiations around the league. Elias Pettersson, Brady Tkachuk, Rasmus Dahlin, and Quinn Hughes are all still unsigned, along with several other mid-tier free agents as well. Kaprizov’s situation is not necessarily unique from that perspective, though his work visa and travel status make it so that he’ll have to face a longer wait to join camp whenever he does officially sign.

The Wild will start their preseason schedule in 11 days, taking on the St. Louis Blues on Sept 25. Whether Kaprizov will even be in camp by then is unclear, given the stalemate that Russo suggests.

A $9MM average annual value, the terms reported previously, would tie Kaprizov with Jeff Skinner of the Buffalo Sabres for the 18th highest-paid forward in the league next season. That’s a massive commitment for a player that has just 55 regular season NHL games under his belt, but Kaprizov is also a relatively unique case because of his success in the KHL and internationally.

Artemi Panarin, for instance, who is oft used as the closest comparable to Kaprizov because of their similar path to the NHL, signed a two-year contract extension just 117 games into his own career. That deal carried just a $6MM average annual value, but also took Panarin right to unrestricted free agency where he then signed a seven-year, $81.5MM deal that made him one of the highest-paid players in the league. At the time of his extension with the Chicago Blackhawks, Panarin had 45 goals and 114 points in 117 regular season games, a 0.97 points-per-game rate. Kaprizov sat at 0.93 through his first NHL season and, like Panarin, took home the Calder Trophy as the league’s best rookie.

Whether Guerin cautions against it or not, Minnesota fans are certainly biting their nails waiting for the eventual decision to come down as the hopes for this season certainly rest on Kaprizov’s shoulders. The 24-year-old forward is arguably the most exciting player the franchise has ever known and is a key to their entire offensive structure.

Photo courtesy of USA Today Sports Images

Seven Notable RFAs Still Remain Unsigned

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It’s September 5th, which means that NHL preseason hockey is now less than three weeks away. Teams have been dealing with the realities of a flat salary cap for two offseasons now, but for some teams, it’s crunch time as their young star (or stars) remain in need of a new contract for the 2021-22 season.

While it’s obviously preferable for teams to get these players signed so they can join the team right away, teams do technically have until December 1st to sign any RFAs for them to be eligible to suit up this season. However, waiting into the season to sign the RFAs will increase the cap hit for the first year of the deal, something the league saw with William Nylander’s contract in 2018-19.

For some teams, mainly the Vancouver Canucks, that could be an issue. They’re the team that faces the largest potential cap crunch with both Elias Pettersson and Quinn Hughes to sign. The team currently carries $10.7MM in cap space, but that number could increase to as much as $14.2MM with Micheal Ferland being placed on long-term injured reserve. Pettersson and Hughes both struggled at times this season, but it’s hard to take results from any Canuck into account too much due to the team’s large-scale COVID-19 outbreak. Pettersson was limited to just 26 games because of injury, scoring 21 points. Hughes netted 41 points in 56 games. However, it’s still a hard argument to make that these two aren’t elite talents. Because of this, it’s likely impossible for Vancouver to afford both on long-term deals. One of them will likely be receiving a two-to-four-year contract with a much lower cap hit, but the contracts need to be signed before the start of the season in order to avoid any inflation on the already tight cap hits.

Then there’s two teams who’ve had long, drawn-out negotiations with their respective stars this offseason – the Minnesota Wild and Ottawa Senators. Both Kirill Kaprizov and Brady Tkachuk remain without deals. There appears to be some amount of hope for one team, though. Multiple reports in recent days have suggested the Wild are making progress on a deal, especially considering the deadline has now passed for Kaprizov to sign back home in Russia. The same can’t be said for Ottawa, as Tkachuk has claimed he hasn’t received a legitimate offer from the team and is beginning to get frustrated with the situation (as reported here by TSN’s Shawn Simpson). Ottawa does still have a great amount of salary cap flexibility, though, and they can afford for contract negotiations to stretch into the season.

Staying in Canada, the Edmonton Oilers still have Kailer Yamamoto to lock down in order to fill out their top-six forward group. When Oscar Klefbom is placed on LTIR and Alex Stalock is presumably sent down to the minors, the team will still have just around $1.8MM in cap space. Yamamoto likely won’t be signing anything longer than a two-year deal due to the situation. And though they can create some additional flexibility by not operating with a full roster, Edmonton will still be very interested in avoiding a prorated cap hit as the salary cap situation will remain tight no matter what.

Then there’s the remaining duo of youngsters playing for American teams – Rasmus Dahlin and Robert Thomas. Dahlin’s negotiations will be interesting to watch, purely to see if the team will commit to him long-term or not. The Sabres likely want to pay him more as the team still hasn’t reached the salary cap floor, as they still need to add roughly $2.5MM in cap hits to be cap-compliant. Dahlin will receive much more than that on any deal he signs. The Blues are in a bit of a pickle with Thomas, as the team has just $1.5MM in cap space remaining to ink the promising young forward. Thomas had only 12 points in 33 games this year and spent time injured, but had 10 goals and 42 points the season prior. It’ll likely be a one-year or two-year deal for Thomas, who finds himself in a very similar situation to Yamamoto in Edmonton.

All seven of these players will be watched with a keen eye by many in the hockey community as each day passes before camps open across the league. As the league emerges from the quiet part of the offseason, these players will likely dominate headlines sooner rather than later.

All salary cap figures via CapFriendly.com.

West Notes: Kaprizov, Forsberg, Hertl

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Contract talks for the Wild and RFA winger Kirill Kaprizov hadn’t been going too well but it appears there could be a light at the end of the tunnel.  In an appearance on KFAN (audio link), Michael Russo of The Athletic noted there is a belief that the two sides have basically settled on term with a five-year deal and a price tag somewhere around the $9MM mark.  However, that shouldn’t be taken as a sign that an announcement is imminent as hammering out the year-to-year structure of the deal will still take some time.  A five-year agreement would give Minnesota two extra years of team control; those two seasons at the end of the deal would be the ones where Kaprizov would be eligible for trade protection which undoubtedly will be part of the year-to-year structure discussions.

More from the Western Conference:

  • The Predators and winger Filip Forsberg have not yet started discussions on a contract extension, reports Robby Stanley of ESPN 102.5 (Twitter link). The 27-year-old has spent his entire career with Nashville, suiting up in 497 games, many of which have been spent on their top line.  Forsberg has a $6MM cap hit for next season, the final year of his contract and he will undoubtedly be looking for a nice raise to give up a shot at testing the open market next summer.
  • The Sharks have a prominent pending unrestricted free agent in center Tomas Hertl and while some teams want to sign their top UFAs early, Kevin Kurz of The Athletic makes the case (subscription link) for both sides to wait it out. By waiting to see if San Jose is able to bounce back this season, GM Doug Wilson can hold off on deciding whether or not the 27-year-old will be his prize trade asset at the trade deadline while Hertl would get a better idea if San Jose is going to be heading for an extended rebuild which is something he may not want to sign up for.  That route does carry some risk but given the uncertainty surrounding the Sharks right now, waiting may be a good idea here.

Minnesota Wild, Kirill Kaprizov Continue To Work Towards Contract

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The Minnesota Wild have exactly one restricted free agent to sign, but it’s a big one. Kirill Kaprizov, the reigning Calder Trophy winner and arguably the most exciting player to ever play for the franchise, currently doesn’t have a contract for the 2021-22 season. With everyone else signed the team has an exact number they could work up to but it is still unclear on what kind of deal the two sides will eventually land on.

For the last several weeks, there has been speculation about whether Kaprizov would actually turn down an offer from the Wild entirely and return to the KHL. As Michael Russo of The Athletic tweets, though a contract is not imminent the Wild and Kaprizov’s camp are still talking. CSKA Moscow, his old team in Russia that has been linked to Kaprizov over and over, recently stated publicly that they are not negotiating a return with the young forward.

Discussion between the Wild and their best player is obviously a positive, but it still remains to be seen if they can get Kaprizov signed long-term. The 24-year-old is scheduled to become an unrestricted free agent at the end of the 2023-24 season unless he signs a contract beyond that in the meantime. A three-year deal would take him right to the open market, while anything past that would be buying out UFA years. That would undoubtedly make the average annual value higher, though even these next few years will likely be expensive for the Wild as they try to lock up the dynamic forward.

With $13MM in cap space right now, there’s plenty of room to fit in Kaprizov even if he wants to be paid among the league’s elite. The Wild will have to consider the hefty cap penalties they have coming after buyouts of Ryan Suter and Zach Parise, but also have several big contracts coming off the books after this season. It appears as though things are headed in the right direction, but with no pressure points until training camp opens next month, there’s no real rush in Minnesota.

Photo courtesy of USA Today Sports Images

Minnesota Wild Finally Have Salary Cap Certainty For 2021-22

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One of the offseason’s biggest stories has undoubtedly been the salary cap situation of the Minnesota Wild. General manager Bill Guerin was faced with an extremely tricky deck of cards this summer – the team’s three best forwards were all restricted free agents and needed new contracts. With a frozen salary cap and increasing market value, it was never going to be easy for the Wild to continue icing a contending team in 2021-22.

However, with Kevin Fiala inking a one-year $5.1MM contract today to stay in Minnesota, the team finally has some clarity in how they’ll be rolling their lineup in the near future. What’s for certain now is that the team will have enough financial flexibility to have Kirill Kaprizov on the roster, at least for next season. With Fiala signed and a full roster, the Wild have $13.1MM in cap space with only Kaprizov left to sign.

But, it seems with every passing day that Kaprizov’s eventual signing price will likely be astronomical, and on a short-term deal as well. The likely outcome here by most accounts is Kaprizov signing a deal equal to or shorter than four seasons, likely between $7-10MM. It’s certainly doable for 2021-22, but the main concerns have never been just about next year.

Moving forward, it’ll be even tougher for Minnesota to stay cap-compliant. The promise of a slightly increasing Upper Limit helps somewhat, but not by much. While 2022-23 sees the combined $9MM cap hits of Victor Rask and Alex Goligoski vanish, they’ll also need a new deal for Fiala, gritty winger Jordan Greenway, and promising netminder Kaapo Kahkonen. The total cap hit increase of those deals, plus an $8MM increase in cap penalties due to the Ryan Suter and Zach Parise buyouts, make a scenario in which all three players are retained nearly impossible, even with some team-friendly deals.

The deal Fiala signed is likely very similar to what he would have been awarded had the case gone to arbitration. It doesn’t exactly show long-term commitment to the relationship between player and team, so it wouldn’t be a shock to see another transaction involving Fiala within the next calendar year.

While cost certainty helps create a clearer picture for the upcoming 2021-22 season, the long-term landscape still remains treacherous for the up-and-coming squad.

All salary cap figures from CapFriendly.com

Snapshots: Kaprizov, Elias, Robert Morris

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While no one wants to see dynamic and entertaining talent Kirill Kaprizov leave the NHL after just one year, especially after waiting so long for his arrival, the ongoing negotiations between he, the Minnesota Wild, and allegedly the KHL’s CSKA Moscow has been an intriguing storyline to say the least. However, the recent report that CKSA has an eight-figure offer out to Kaprizov is almost certainly a farce. As first pointed out by Bally Sports’ Andy Strickland, the KHL salary cap is equivalent to about $12MM, making an eight-figure offer one that eats up at least 83% of the team’s payroll on just one player. Even if they did want to make that kind of unrealistic commitment to Kaprizov, the perennial contenders are already flush with talent, including recent NHLers Joakim Nordstrom, Lucas Wallmark, Mikhail Grigorenko, Nikita Nesterov, and several others. There is no possible way that CSKA can afford Kaprizov for anything more than Minnesota’s best offer, leading Strickland to call this “one of the worst bluffs in sports history.” So, rest easy Wild fans. Minnesota maintains all of the leverage in this negotiation and isn’t about to lose Kaprizov and certainly not to an imaginary KHL offer.

  • Following a strong performance at the recent Hlinka-Gretzky Cup, Sports Illustrated’s Steven Ellis reports that talented young Slovakian goalkeeper Rastislav Elias has decided to make the move to North America and will play in the USHL this season. Unlike the past few draft classes, which have featured elite goaltending prospects that were long considered first-round picks, the title for top goalie prospect in the 2022 NHL Draft is still up for grabs. Elias hopes that by joining the Green Bay Gamblers and testing himself in a new league, having only played in Slovakian juniors to this point, will earn him some consideration for that label. The spotlight will be on Elias in 2021-22, who is already considered one of the top prospects in net alongside Canadian Tyler Brennan and Russian Sergei Ivanov in particular. Not only will NHL teams be eying Elias, but NCAA programs will also be heavily scouting the talented prospect, who is still eligible to go the college route if he so chooses.
  • Robert Morris University made waves this spring – and not the good kind – when they shockingly terminated their men’s and women’s hockey programs. The decision spurned numerous outside efforts to raise money to bring the programs back before the coming season, but there had been no update as to whether those attempts had been successful. That official word came down today, as the Pittsburgh-area university announced that they will not be icing hockey teams in 2021-22. Robert Morris reports that they have raised $1.34MM in contributions and pledges, but would require $1.4MM in immediate contributions and another $1.4MM in future pledges in order to reinstate the programs. The school notes that it is “eyeing [a] comeback in 2022-23” if fundraising continues, but by then the players from both teams likely will have transferred and the program will be starting from scratch. It is a disappointing result and seeming lack of dedication and effort on the part of Robert Morris, especially as schools around the country are adding Division I hockey programs, not subtracting them.

Latest On Kirill Kaprizov

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Earlier this offseason, there were reports that CSKA Moscow was interested in bringing back Wild winger Kirill Kaprizov to the KHL if things didn’t go well in terms of negotiating a new contract with Minnesota.  While it was widely viewed as posturing, it appears the threat could be a real one as Daily Faceoff’s Frank Seravalli reports (Twitter link) that CSKA has an agreement in place with the 24-year-old that would be announced on September 1st if an NHL deal can’t be reached by then.  He adds that the value of the one-year contract would be in the eight-figure ($USD) range.

It’s worth noting that the KHL threat is the only leverage that Kaprizov has in negotiations.  He doesn’t have enough service time to be eligible for an offer sheet nor was he arbitration-eligible.  This basically was the only card that his camp can play.

Minnesota’s long-stated intention has been to lock up the Calder Trophy winner to a max-term deal or close to it but that type of term isn’t necessarily ideal for Kaprizov’s camp.  Even if the Upper Limit of the salary cap only rises marginally over the next few years, that’s still a bit more money available then than there is now with the potential for more years to be in a cap environment where the escrow owed to owners has been paid off.  From his standpoint, then, a short-term contract that takes him to UFA eligibility would be preferable though that clearly wouldn’t work for the Wild.

The end result would appear to be something in the middle as Seravalli notes that a medium-term deal is something that Minnesota is open to working out.  Such a contract would buy out a year or two of UFA eligibility while still giving Kaprizov a shot at hitting the open market with a shot at a max-term deal in a financial landscape that projects to be considerably better than it is now.

With more than $19MM in cap room per CapFriendly, Wild GM Bill Guerin can easily afford the substantial raise that is coming Kaprizov’s way and the decision to take Kevin Fiala to arbitration sets up the potential for a cheaper short-term agreement there which would give them even more flexibility heading into next season.  Of course, that flexibility will be short-lived with the buyout penalties for Ryan Suter and Zach Parise increasing sharply for 2022-23 through 2024-25.

West Notes: Kaprizov, Fiala, Pettersson, Harvey

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There’s been a fair amount of news breaking in the Western Conference lately. Whether it’s Ryan Nugent-Hopkins’ and Joel Eriksson Ek’s eight-year extensions, the Viktor Arvidsson trade, or the Duncan Keith drama, this past week has given fans of Western teams more than enough to chew on. That hasn’t changed today, as there have been many tidbits of information floating around the hockey sphere. Following up on some extensive rumors from last month, NHL.com independent correspondent Jessi Pierce reports that the Minnesota Wild and Kirill Kaprizov are set to resume contract negotiations next week. Minnesota and general manager Bill Guerin come into this set of negotiations with a much better idea of their salary cap situation after devoting $5.25MM per season to Eriksson Ek on Friday. With some more cost certainty in hand, Guerin can come forward with some more solid offers to Kaprizov and his agent to give him a more realistic idea of their options. Guerin, who is “confident [they’ll] get a deal done at some point,” now has just $16.8MM in space to offer to Kaprizov, Kevin Fiala, and any other free agents he’ll sign to fill out the roster.

  • As a subset to that story, The Athletic’s Michael Russo is additionally reporting that contract talks with Fiala’s agent have now initiated. Guerin now finds himself in a unique position of negotiating the contracts of arguably his two best forwards simultaneously. With limited room to work with, it’s likely that one of Kaprizov or Fiala will have to take a bridge deal with a lower cap hit in order to give Guerin flexibility to add in free agency. Considering some previous Kaprizov rumors, it’s likely that the Russian forward will likely end up with that bridge deal. Guerin and Fiala’s camp are in a position to sign a contract similar to Eriksson Ek’s, exchanging some money up front in exchange for term and certainty for both sides.
  • Another young forward, Vancouver Canucks center Elias Pettersson, is also a pending restricted free agent in need of a new deal. Pettersson’s situation is slightly different, however, having played in just 26 games this past season due to injury. After reports from last month that the Canucks may want to sign Pettersson to a shorter-term deal, The Province’s Ben Kuzma reports today that Pettersson’s camp could opt for a short-term deal as well. Drawing on Brock Boeser’s three-year, $17.625MM ($5.875MM cap hit) contract signed prior to 2019-20 as a comparable, a short-term deal could open the door for general manager Jim Benning to offer a much longer-term deal to another RFA in defender Quinn Hughes.
  • The Canucks find themselves on here twice today after The Province’s Patrick Johnston reported that they’ve promoted Todd Harvey to be the team’s director of amateur scouting. Former director Judd Brackett departed the team prior to 2020-21 to accept the same role with the Wild, meaning that the Canucks have left the position vacant from then until now. Harvey, who’s served as an amateur scout for the team since the 2017-18 season, had effectively taken on Brackett’s role since his departure anyways. Harvey’s last NHL season was with the Stanley Cup Finalist 2005-06 Edmonton Oilers, and after a few seasons playing senior hockey, stepped away from the game until returning as an assistant coach for the OHL’s Guelph Storm in 2013. Harvey will be tasked with adding to a prospect pool that’s largely been drained in recent years with the graduation of players like Pettersson and Thatcher Demko.

All contract information courtesy of CapFriendly.

NHL Announces All-Star Teams, All-Rookie Team

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On the heels of the NHL Awards, the league has revealed the rosters of it’s all-league teams. As voted on by the Professional Hockey Writers Association, the selections are as follows:

First All-Star Team (link)

G Andrei Vasilevskiy
D Adam Fox
D Cale Makar
LW Brad Marchand
C Connor McDavid
RW Mitch Marner

Hart, Ted Lindsay, and Art Ross winner McDavid anchors the First Team All-Stars for the fourth time in his career, flanked by Hart candidate Marchand and with Vezina finalist Vasilevskiy in net. However, the story of the top All-Star squad is young defensemen Fox, the Norris winner, and Makar, a Norris finalist, manning the first team blue line in just their second NHL seasons. Marner is another first-time selection with a career year in his fifth season.

Second All-Star Team (link)

G Marc-Andre Fleury
D Victor Hedman
D Dougie Hamilton
LW Jonathan Huberdeau
C Auston Matthews
RW Mikko Rantanen

Vezina winner Fleury highlights an impressive second-team squad that also included Norris finalist Hedman and Hart finalist Matthews. This is Hedman’s fifth appearance on the Second Team All-Star roster, but all the others are first-time selections. Under-rated starts Huberdeau and Rantanen receiving much-deserved recogntion from the PHWA.

All-Rookie Team (link)

G Alex Nedeljkovic
D K’Andre Miller
D Ty Smith
LW Jason Robertson
C Joshua Norris
RW Kirill Kaprizov

With Calder winner Kaprizov leading the way, the All-Rookie teams boasts a mix of seasoned young players in their first full NHL seasons, such as Kaprizov himself and Nedeljkovic, sophomores Robertson and Norris, and true “rookies” in first-year pros Miller and Smith on the back end.

For those thinking that their favorite star was snubbed from all-league recognition this season, the voting results were actually very definitive. Colorado’s Nathan MacKinnon was a distant third at center, as was the Rangers’ Artemi Panarin at left wing and Vegas’ Mark Stone at right wing. Colorado’s Philipp Grubauer was way back of the top two in net as well. On defense, Hamilton was actually well behind Fox, Makar, and Hedman, but far enough ahead of Vegas’ Shea Theodore and Boston’s Charlie McAvoy. 

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