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Washington Capitals Acquire, Extend Nick Jensen

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The Washington Capitals have found their defenseman, acquiring Nick Jensen and a 2019 fifth-round pick (BUF) from the Detroit Red Wings. In exchange, the Red Wings will receive Madison Bowey and a 2020 second-round draft pick (WSH). A few hours later the Capitals announced a four-year extension for Jensen worth $10MM. The deal will keep him from reaching free agency at the end of the year, and in Washington through the 2022-23 season. The full salary breakdown is as follows:

  • 2019-20: $2.5MM salary + $500K signing bonus
  • 2020-21: $2.0MM salary
  • 2021-22: $2.5MM salary + $500K signing bonus
  • 2022-23: $2.0MM salary

Jensen, 28, is in the midst of an excellent season after being given more responsibility in Detroit, but will now move to a much deeper defense corps in Washington. The team already had two right-handed horses in John Carlson and Matt Niskanen that log huge minutes every night, but there’s not reason to think that Jensen won’t enter the lineup immediately and be an upgrade for the team. Christian Djoos played just over eight minutes against the Toronto Maple Leafs last night and is the likely candidate to come out, though the Capitals now have plenty of options to mix and match through the end of the season.

That flexibility didn’t come at a low cost though, as the Capitals are giving up a relatively high draft pick and a 23-year old defenseman in Bowey who looked like he would be an NHL regular as recently as last season. Through 84 games in his short career Bowey has recorded 18 points despite averaging fewer than 14 minutes a night, and is an effective puck-moving option that could see an increased role in Detroit. The young defenseman’s contract runs through 2019-20 with just a $1MM average annual value.

While it’s not a market-shattering return, it is another solid package secured by Detroit GM Ken Holland as part of his rebuild. Jensen was scheduled to become an unrestricted free agent at the end of the season and was obviously looking for a substantial raise on his current $813K cap hit. The Red Wings did explore a contract extension, but this return will allow them to replace Jensen while adding a nice draft pick to their prospect cupboard.

This may be the last move that the Capitals do given that they already acquired Carl Hagelin yesterday, but it surely won’t be the last time the Red Wings are involved in a trade this season. The team still has several expiring assets that could bring back something of value, most notably Gustav Nyquist. With Matt Duchene coming off the board today the forward market is finally starting to move along, and the Red Wings will likely be watching closely.

Washington meanwhile would need to move out more money to do anything else, given how close they are to the salary cap ceiling. It was clear that GM Brian MacLellan wanted another defenseman, something he has done every year—Michal Kempny, Kevin Shattenkirk, Tim Gleason and Mike Weber all come to mind—but has managed to keep hold of his first-round pick once again.

Darren Dreger of TSN was first to break the deal on Twitter.

Capitals Hoping To Deal From Depth Of Defensive Prospects

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The Washington Post’s Isabelle Khurshudyan may have gotten more than she bargained for when talking to Washington Capitals GM Brian MacLellan today. The Stanley Cup-winning executive let slip some internal team building plans, a rarity in the tight-lipped NHL. MacLellan acknowledged that the Capitals currently have a surplus of defensive prospects, but took it even further, stating that he hopes to trade some away in exchange for forward prospects.

The first part of MacLellan’s statement is rather obvious and why Khurshudyan though to ask about his plans. The Capitals had struggled defensively for many years before putting together a solid unit en route to championship last season. Although it involved trading and later re-signing Brooks Orpik, the team was surprisingly able to keep the group together this year and moving forward, with seven of the nine defensemen who suited up in 2017-18 – most importantly the top six from the Cup run – returning. The top four of John Carlson, Michal Kempny, Matt Niskanen, and Dmitry Orlov are all signed through at least three more years, while Christian Djoos and Madison Bowey – both under 25 – are restricted free agents at the end of their current contracts. There isn’t much long-term opportunity for defensemen in the Capitals system, yet they are well-stocked in pro-caliber prospects. 2015 second-rounder Jonas Siegenthaler, 2016 first-rounder Lucas Johansen, and promising righty Connor Hobbs would all be pushing for NHL play time on a majority of teams across the league. The team also used first- and second-round picks on blue liners in June, selecting Alexander Alexeyev and Martin Fehervary respectively. While it doesn’t hurt to have a redundancy of talent, it does seem as though the Capitals have too many mouths to feed on defense over the next five years or so.

As such, MacLellan revealed that he would ideally trade some of those players for forward prospects of a similar caliber. Seeing as Johansen, Alexeyev, and Fehervary are recent high picks with room to grow, Siegenthaler and Hobbs would likely be the leading candidates to be dealt away, with an even an off-chance that one of Djoos or Bowey are dealt. Forwards of equal quality to that foursome would be far more valuable to Washington, who has ample opportunity up front moving forward but far fewer players to compete. Outside of Jakub Vrana, who Khurshudyan calls the Capitals’ “last high-end forward prospect”, and Andre Burakovsky, the depth of talent among young forwards in the system is not overwhelming. Many could have good careers as bottom-six forwards, including 2018 second- and third-round picks Kody Clark and Riley Sutter, but none seem to have much in the way of great top-six upside. The Capitals also don’t plan to be in a draft position next year to land a forward with elite scoring potential. So, they’re left to trade from an area of strength in the organization to fill an area of weakness. At least that is MacLellan’s plan. The fact that it is now public knowledge could help or hinder his attempts to make it happen.

Washington Capitals Returning Nearly Identical Roster

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The biggest news out of Washington Capitals’ training camp is that there isn’t any news. As the defending Stanley Cup champs face the Boston Bruins in the second meeting of the two teams already this preseason, there simply isn’t much to watch for in terms of camp battles and roster spots. GM Brian MacLellan and the Caps front office succeeded in keeping their championship roster together as well as any Cup winner in recent memory and are prepared to go for another title in 2018-19.

Of the 25 players who took the ice in the postseason for the Capitals, 21 return this season. The glaring absence is obviously backup goaltender Philipp Grubauer, who was traded away to the Colorado Avalanche early this off-season. Another name who Washington fans were upset to see go was career Capital Jay Beagle, who signed with the Vancouver Canucks after ten seasons in D.C. Outside of that duo, the other two players who saw playoff action for the Cup winners were defenseman Jakub Jerabek, who played in two postseason games, and forward Alex Chiasson, who saw less than nine minutes of ice time in the playoffs. The team also lost regular season contributors Taylor Chorney, Tyler Graovac, and Anthony Peluso. 

When any team can return 21 players to a roster limited to just 23, the result of few departures is few opportunities in camp. Rather than sign or acquire a backup of similar pedigree to Grubauer to backup starter Braden Holtby, the team seems content to let veteran minor leaguer Pheonix Copley try his hand at the job. With only youngsters Ilya Samsonov and Vitek Vanecek, neither of whom have made an NHL appearance, also under contract, there really is not much of a competition to replace Grubauer. On the blue line, the top-four will line up exactly as they did in the postseason and Christian Djoos will pair with either his postseason partner, veteran Brooks Orpik – who was traded away and then re-signed this summer, or his frequent regular season partner, Madison Bowey. Orpik versus Bowey is one situation that could potentially be defined as a camp battle, although both are guaranteed roster spots. Up front, the top-nine is also locked in as the same group who dominated in the playoffs, leaving only fourth line and an extra skater spot or two up for grabs. The team has shown a commitment to Devante Smith-Pelly and Chandler Stephenson and the pair are almost certainly the energy liners on opening night. The one true position battle is at the final spot, where Travis Boyd and free agent addition Nic Dowd will fight it out to skate on that fourth line. The loser is likely to begin the season as an extra skater beside import winger Sergei Shumakov.

If you’ve been keeping count, that’s the entire roster: almost all familiar names and only one or two spots up for grabs. There won’t be many questions in need of answering out of Capitals camp, but the big question remaining is whether failing to insert some fresh legs or properly replacing Grubauer will come back to bite Washington in their attempt to repeat.

Salary Cap Deep Dive: Washington Capitals

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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 2018-19 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.

Washington Capitals

Current Cap Hit: $78,400,961 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Jakub Vrana (One year remaining, $863K)

With the team trying to make a Stanley Cup run over the past few years and finally capturing one, youth is in rare supply in Washington as the team has made it clear that it prefers to play its veterans rather than risk mistakes from youngsters. The only player who is still on an entry-level deal is Vrana, who has had a turbulent career so far with the Capitals. After spending a couple of years in the AHL, he finally got a full season with Washington this year, but the former first-round pick was never able to secure a full-time role in the team’s top six as he bounced around on different lines all season. He finished the year with 13 goals and 27 points, but put up another three goals and eight points in the playoffs. He has a chance to take on a full-time role on the team’s second line this season and hopes for a breakout season.

Potential Bonuses

Vrana: $600K

Total: $600K

One Year Remaining, Non Entry-Level

F Andre Burakovsky ($3MM, RFA)
F Brett Connolly ($1.5MM, UFA)
D Brooks Orpik ($1MM, UFA)
F Devante Smith-Pelly ($1MM, UFA)
D Christian Djoos ($650K, RFA)
F Nic Dowd ($650K, UFA)
F Chandler Stephenson ($650K, RFA)
F Nathan Walker ($650K, RFA)
G Pheonix Copley ($650K, UFA)

The Capitals have only a few significant free agents for next season as many of their deals are league-minimum contracts, which is necessary considering the amount of money the team has expended in keeping their roster together. Perhaps the biggest name on their free agent list will be Burakovsky, who many thought might have a breakout season with a bigger role last year. However, Burakovsky’s numbers decreased as his season was plagued with injuries. His 12 goals and 25 points in 56 games was the worst since his rookie season. However, he did post six points in 13 playoff games. If he can stay healthy, the 23-year-old could provide the team with more offense.

Due to the Stanley Cup win, the team was able to find a way to bring back several key role players on cheaper deals. The team assumed they would lose Smith-Pelly to free agency, but the 26-year-old opted to return for another playoff run, while long-time Capital Orpik was traded away, waived and opted to return for another year.

Two Years Remaining

F Nicklas Backstrom ($6.7MM, UFA)
G Braden Holtby ($6.1MM, UFA)
D Madison Bowey ($1MM, RFA)
F Travis Boyd ($800K, RFA)

The team does have to worry about Backstrom in two years. The team’s No. 2 center is still posting excellent numbers as he tallied 21 goals and 70 points last season, the fifth straight season he’s reached at least 70 points. However, the team will have a tough decision to eventually make as the veteran will be 32 when he gets awarded a new contract, which can get into a dangerous area when players hit their early 30’s.

Holtby will be another interesting case. After temporarily losing his starting job to Philipp Grubauer for a few weeks near the end of the season due to poor play (2.99 GAA, .907 save percentage), Holtby snapped out of it and posted dominant numbers throughout the playoffs (2.16 GAA, .922 save percentage) showing he still has what it takes to be a top-of-the-line goaltender. While the 28-year-old should still be in his prime in two years, the team also has top goaltending prospect Ilya Samsonov arriving in North America this season. He’ll likely start the season in the AHL, but he will likely be ready to take the reigns once Holtby’s deal expires.

Three Or More Years

F Alex Ovechkin ($9.54MM through 2020-21)
D John Carlson ($8MM through 2025-26)
F Evgeny Kuznetsov ($7.8MM through 2024-25)
F T.J. Oshie ($5.75MM through 2024-25)
D Matt Niskanen ($5.75MM through 2020-21)
F Tom Wilson ($5.17MM through 2023-24)
D Dmitry Orlov ($5.1MM through 2022-23)
F Lars Eller ($3.5MM through 2022-23)
D Michal Kempny ($2.5MM through 2021-22)

The team decided more than a year ago that they were going for it, which worked out perfectly last season. The team has done a fantastic job locking up its core, although many of the pricetags are quite generous, which could come to hurt them. However, now that the team has won the Stanley Cup, the team is going all out to win another as the team has locked up all of their critical free agents this year, signing Carlson as a long-term answer as their top defender as well as locking in Wilson. That gives them a solid core for the next many years. That should give them two or three years to attempt to capture another title. However, eventually this team will be weighed down by these contracts, much like the Chicago Blackhawks, but Washington is focused on the future.

The team may be forced into handing out another long-term extension to Ovechkin in three years, depending on how the 32-year-old fares in three years, but the deal would unlikely be more than he is already being paid.

Buyouts

None

Still To Sign

None

Best Value: Holtby
Worst Value: Wilson

Looking Ahead

The Capitals are quite used to dealing with little to no cap space and will have to do that again for a number of years to come. However, the team has managed to keep not just the core of their team together, but have also managed to bring back multiple role players at bargain prices to keep this team at a Stanley Cup level. With new deals to players like Carlson and Wilson, should challenge for a few more years, but age and those long-term deals will eventually hold the franchise after that. However, the team has already proven that their tactics are worth it after winning it all last season.

Photos courtesy of USA Today Sports Images.

Washington Capitals Re-Sign Madison Bowey

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The Washington Capitals still have to reach a contract with Tom Wilson, but are close to inking all of their restricted free agents this summer. Madison Bowey is the latest to re-sign with the Capitals on a two-year contract worth a total of $2MM.

Bowey, 23, made his NHL debut last season and ended up playing 51 games with the Capitals. Though he didn’t see any time in the playoffs, he still was able to experience the run with the team and celebrate them winning their first Stanley Cup in franchise history. That experience should come in handy this season when Bowey will be asked to be a full-time contributor to the team, anchoring the bottom pairing with either Christian Djoos or Michal Kempny, depending on how the season goes along.

Still waiting for his first NHL goal, Bowey showed that he could be a capable puck mover at even-strength and racked up 12 assists in his shortened season despite limited minutes. That total could certainly improve going forward as the second-round pick gains more confidence at the NHL level and is given a bigger role. The league is short on capable right-handed options, and if Bowey can prove his worth the Capitals would have one of the strongest right sides in the league with John Carlson and Matt Niskanen ahead of him. Those two and Dmitri Orlov will be earning the lion’s share of the salary on the back end, leaving young players like Bowey and Djoos for the team to rely upon at a relatively low price.

Capitals Hire Reid Cashman As Assistant Coach

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New Washington Capitals head coach Todd Reirden has begun filling out his staff. Just as Reirden was promoted internally, he has made his first hire from within. According to Mark Divver of the Providence Journal, the Capitals have hired Reid Cashman as an assistant coach. Cashman has been an assistant coach with the Hersey Bears, Washington’s AHL affiliate, for the past two years but is set to make the jump. While the team has yet to formally announce the hiring, Divver’s report last night has since been followed up by confirmation from a local radio source and a former colleague of Cashman’s.

It has been a meteoric rise for the 35-year-old coach. Cashman was still playing in the AHL less than a decade ago – including a season with the Wilkes-Barre/Scranton Penguins with Reirden as his coach – after a highly successful collegiate career at Quinnipiac University. He then returned to his alma mater as an assistant right after his playing days were over and coached the Bobcats until 2016. He then joined the Bears and just two years later is already on to the NHL level with the Capitals.

A high-scoring defenseman in his time, Cashman will be tasked with working on the Washington blue line as the replacement to the departed Lane Lambert. His style as a player and experience as a coach at the younger levels should stand to benefit Capitals defensemen like Dmitry Orlov, Christian Djoos, Madison Bowey, and rookie hopeful Lucas Johansen. The defending champs need their younger players on the back end to step up this season with some lacking depth and Cashman will be the man to get them going.

Vegas GM McPhee Has Had A Hand In Building Both Stanley Cup Teams

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While much of the attention to this year’s Stanley Cup will go towards the players, especially Washington Capitals’ Alex Ovechkin and Vegas Golden Knights’ Marc-Andre Fleury, much of the spotlight should be shining on the Golden Knights’ general manager, George McPhee. The GM, who also worked as the general manager from 1997 to 2014 of the Washington Capitals, has had a hand in more than 75 percent of the players that will be on the ice on Monday.

McPhee is already responsible for putting together the Golden Knights roster from Fleury to William Karlsson to Jon Marchessault, to the often criticized deadline moves of acquiring Tomas Tatar and Ryan Reaves, both who have scored critical goals in the postseason. According to NBC Sports Tarik El-Bashir, not only has he had a hand in every player the Golden Knights have on their roster from Day 1, McPhee also is responsible for 13 of the team’s 25 players on their roster who have played in this year’s playoffs.

As the Capitals general manager, McPhee was responsible for drafting Alex Ovechkin (first overall in 2004), Nicklas Backstrom (fourth overall in 2006), Jay Beagle (signed as a free agent in 2008), John Carlson (24th overall in 2008), Braden Holtby (93rd overall in 2008), Dmitry Orlov (55th overall in 2009), Evgeny Kuznetsov (26th overall in 2010), Philipp Grubauer (112th in 2010), Travis Boyd (177th overall in 2011), Tom Wilson (16th overall in 2012), Chandler Stephenson (77th overall, 2012), Christian Djoos (195th in 2012), and Andre Burakovsky (23rd overall, 2013).

McPhee also has a close relationship with Capitals general manager Brian MacLellan. They played junior hockey together, were teammates at Bowling Green and worked together in Washington for 14 years, making this a very strange Stanley Cup Finals.

“It’s kind of a weird experience. We’ve been texting back-and-forth how strange it feels,” said McLellan on facing Vegas GM George McPhee.

Snapshots: Vancouver, Tallon, Fines

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The Vancouver Canucks extended their general manager Jim Benning today, rewarding the work he’s done to start a rebuild around a new core of young players. Speaking with media at the press conference (via Rick Dhaliwal of News 1130), Benning reiterated that he’s been working the phones to try and make his team better and will use free agency to “add players who will help support the young players.”

Heading into the trade deadline, the Canucks have a few expiring contracts to auction off in Thomas Vanek and Erik Gudbranson, while big decisions will still have to be made over the future of Daniel and Henrik Sedin. The twins are pending free agents and will turn 38 before next season, but could still be brought back to provide that support to Bo Horvat, Brock Boeser and the rest of the young Vancouver players. “Picks and prospects are going to be like gold” says Benning when asked about the trade deadline, an exciting prospect for fans hoping for no quick fixes.

  • Speaking of GMs trying to fix a struggling franchise, Dale Tallon of the Florida Panthers said on Sportsnet radio yesterday that he’ll only look for long-term benefits at the trade deadline and avoid “kneejerk reactions.” The Panthers have played better of late, but still find themselves well out of the race in the Atlantic Division. Though a wildcard spot is still definitely within reach, it doesn’t sound like Florida is willing to spend at the deadline to try and get over that hump.
  • The NHL handed out several fines today, issuing maximum penalties to Madison Bowey, Dustin Byfuglien and Deryk Engelland for separate incidents. The three players will face harsher penalties in the future, and draw a watchful eye from the Department of Player Safety.

Minor Transactions: 01/17/18

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The NHL has just two games on the schedule today before getting back to a full slate on Thursday, and should expect to see several minor moves around league rosters. We’ll keep track of all of them right here. Make sure to refresh throughout the day to keep track of all the movement.

  • The Pittsburgh Penguins have recalled Jean-Sebastien Dea from the minor leagues as they go on the road for back-to-back matchups against the Anaheim Ducks and Los Angeles Kings. Dea has 23 points this season for the Wilkes-Barre/Scranton Penguins, but has just one NHL game under his belt in his short career. Looking for that first NHL point still, he’ll have to find a way into the lineup over the next few days.
  • Casey Nelson is on his way up to Buffalo, recalled today from the Rochester Americans. Nelson played 11 games for the Sabres last season, but has yet to suit up this year. Buffalo is back in action tomorrow night after their bye week, taking on the New York Rangers.
  • Colorado has brought back center Dominic Toninato from San Antonio of the AHL.  The first year pro has skated in eight games with the Avalanche already this season while recording seven goals and five assists in 30 games with the Rampage.
  • With Washington’s bye week set to come to an end, the Capitals have recalled winger Jakub Vrana and defenseman Madison Bowey from AHL Hershey, per the AHL’s Transactions page.  The moves come as no surprise as the demotions were simply to save some cap space (a little over $33K); neither player suited up while they were with the Bears.
  • The Devils made a pair of roster moves, recalling defenseman Steven Santini from Binghamton of the AHL while sending goaltender Ken Appleby back down.  This reverses the swap from Tuesday that saw Appleby promoted to take the place of Cory Schneider who was unable to dress last night against the Islanders due to an illness.

Minor Transactions: 1/13/18

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With several teams ending their bye weeks, Saturday is once again shaping up to be a busy day in the NHL with nine games on tap.  Here is where we’ll keep tabs on the minor roster moves of the day.

  • Following their loss to Vancouver on Friday, the Blue Jackets announced (Twitter link) that they have sent winger Tyler Motte and goaltender Joonas Korpisalo to AHL Cleveland. Motte has spent the bulk of the season on the fourth line in Columbus but should be in line for more playing time in the minors while Korpisalo’s reassignment has been classified as a conditioning stint.  He has made just two starts at the NHL level since December 2nd but has had a couple of appearances with Cleveland already this month after being sent down earlier in the month.  With Columbus on their bye, both will likely be recalled next week.
  • The Capitals announced that they have returned winger Travis Boyd to Hershey of the AHL.  His stint with the big club was short-lived as he was only recalled yesterday and he did not play in their game against Carolina.  Boyd has been productive at the minor league level this season, tallying 27 points (8-19-27) in 37 games.  Washington has also returned winger Jakub Vrana and defenseman Madison Bowey to Hershey, via the AHL’s transactions page.  The moves come as no surprise with the Caps on their bye as they have been shuffling the two back and forth on a regular basis recently to save a little bit of cap room.
  • With the Lightning entering their bye, the team has sent goaltender Louis Domingue back to AHL Syracuse, per a team release.  Domingue has made one appearance with Tampa Bay since being recalled, earning a victory over Detroit.  That is his lone win this season as he struggled considerably in six appearances with Arizona earlier this season.  CapFriendly notes via Twitter that Connor Ingram has been recalled to take Domingue’s spot and keep the team at the mandatory minimum goalies on the roster.
  • The Stars have recalled defenseman Dillon Heatherington from Texas of the AHL, CapFriendly reports (Twitter link).  The 2013 second-round pick has yet to play in an NHL game.  He is in his third professional season and has picked up three goals and ten assists in 39 minor league contests so far this season.
  • The Canucks announced via Twitter that they have assigned winger Nikolay Goldobin to AHL Utica.  The 22-year-old has been reasonably productive this season with four points in 14 games but saw just 6:32 of ice time last night as Sven Baertschi’s return dropped him down the depth chart.  He’ll be in line for much more playing time with the Comets where he has averaged more than a point per game (19 points in 18 contests) so far this season.
  • After losing both Darren Helm and Justin Abdelkader to injuries during today’s game against the Pittsburgh Penguins, MLive’s Ansar Khan reports the Detroit Red Wings have recalled Dominic Turgeon from the Grand Rapids Griffins of the AHL this evening for Sunday’s game against the Chicago Blackhawks. The 21-year-old center was a third-round pick in 2014 and will be making his first trip to Detroit. He has nine goals and 14 assists in 23 games for the Griffins this year.

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