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Mark Giordano

Why The 2022 Trade Deadline Could Be A Seller’s Market

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The 2022 NHL Trade Deadline is not exactly imminent. The delayed March 21 date this season is 11 weeks away and a lot can change in that amount of time. However, the end of the holiday trade freeze is the unofficial start to trade season leading up to the deadline. In the first few months of the season there have been ten trades completed, but outside of the Jack Eichel deal there have been very few moves of any substance. That may not change any time soon either.

An active trade deadline requires there to be identifiable buyers and sellers and they must be willing and able to deal. Buyers should not be an issue this season; the eight teams currently in a playoff spot in the Eastern Conference may be locked in, as nearly 100 percentage points separate the eighth and ninth team in the conference standings, while the Western Conference includes 13 teams with .500+ records. Therein begins the sellers problem though. Only three teams out west look like potential sellers right now, while there could be more teams willing to sell in the east but many are in a rebuild and don’t have much to offer, while others are merely lacking impact rentals. There are also a number of fringe teams that probably should be sellers, but are close enough to a playoff berth that would mean so much to their players and fan base that they may hold out.

The Athletic’s Eric Duhatschek notes another wrinkle that could limit sellers: five teams are currently operating with an interim GM. The Montreal Canadiens and Vancouver Canucks have hired new heads of their respective front offices in Jeff Gorton and Jim Rutherford, but neither has in turn hired his GM yet and seem unlikely to make major moves independently. This could take Gorton’s Canadiens, one of the most obvious sellers on paper, off the market. Rutherford’s Canucks hope to be in the playoff race, but he has already vowed that the team will either sell or stand pat this season and the longer it takes to hire a GM, the more likely it will be the latter. The Chicago Blackhawks, Anaheim Ducks, and San Jose Sharks are all operating with temporary GMs, all of whom have limited experience. Chicago and Anaheim fired their most recent GMs and have internal replacements for the time being, while San Jose GM Doug Wilson is currently away from the team for medical reasons. As Duhatschek points out, the likes of Kyle Davidson, Jeff Solomon, and Joe Will are not only new to the GM position, but lack the relationships around the league to make impact moves. So while the Blackhawks look like bona fide sellers and the Sharks and possibly the Ducks could get to that point, will they actually be willing to make trades?

The Seattle Kraken also fall into a category all their own. The NHL’s newest team was just put together in its entirety this off-season. Although they struggled mightily all season and do possess a number of expiring contracts, it remains to be seen if GM Ron Francis is ready to blow it up.

On top of all of this, the rental market among potential sellers is not strong. Of the top 20 impending UFA’s in per-game scoring this season, zero are on teams with sub-.500 records and just three are on teams not currently in a playoff spot. Expand that to the top 50, and only ten players are on sub-.500 teams: Phil Kessel, Travis Boyd, and Johan Larsson for Arizona, Vinnie Hinostroza for Buffalo, Chris Wideman for Montreal, P.K. Subban for New Jersey, Tyler Ennis for Ottawa, and Calle Jarnkrok, Colin Blackwell, and Mark Giordano for Seattle. Even if valuable defensemen like Ben Chiarot and Colin Miller or even a future Hall of Fame goaltender like Marc-Andre Fleury are considered, it’s not exactly an inspiring list for teams adding at the deadline. More importantly, it’s a short list for a potentially large group of buyers.

For those teams looking to make a meaningful trade this season, the conundrum is when to make a move. On one hand, with a small group of exciting targets it may be beneficial to make a trade early and possibly avoid the high prices of deadline bidding wars. On the other hand, the pool of sellers could also expand closer to the deadline and prices could drop if there is a flood of supply to meet the demand. Until that happens though – if it even does – there will be few moves to make early on and quite possibly right up to the deadline. Serious contenders should be prepared to pay up or sit tight this season.

Morning Notes: Coyotes, Penguins, Marek

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The Arizona Coyotes released a statement in response to the story of outstanding and delinquent bills, including more than $1.3MM in state and municipal taxes:

We have already launched an investigation to determine how this could have happened and initial indications are that it appears to be the result of an unfortunate human error. Regardless, we deeply regret the inconvenience this has caused. We will make sure that by tomorrow morrning, the Arizona Coyotes are current on all of our bills and owe no state or local taxes whatsoever. And we will take immediate steps to ensure that nothing like this can ever possibly happen again. 

Katie Strang of The Athletic comments on the statement, explaining that the outstanding tax bill dates back to June 2020, suggesting this is not a few isolated payments that were missed. Chris Johnston of TSN notes that though there is not much concern over whether the Coyotes can pay that $1.3MM debt, the negotiation between Arizona ownership and the city of Glendale over Gila River Arena continues. The city has told the management company to not allow Coyotes workers inside if the bill isn’t paid by December 20, but long before that had also moved to terminate the lease agreement following this season. (Update: John Gambadoro of Arizona Sports radio reports that the Coyotes just wired $1.4MM to the Arizona Department of Revenue for back taxes. The team has announced that they are up to date on all bills and tax liabilities.)

  • Pierre LeBrun of TSN meanwhile reports from the NHL Board of Governors meetings, noting that Fenway Sports Group is at the event to meet the rest of the executive committee. The vote on the ownership change of the Pittsburgh Penguins is expected to take place, and LeBrun notes that it is expected to be a “rubber stamp” process with no complications. Ryan Kennedy of The Hockey News tweeted recently that the value of the Penguins will be set at $915MM for the sale and current owners Mario Lemieux and Ron Burkle will retain just a combined five percent of the franchise.
  • There’s a new player in the trade bait world, as Jeff Marek debuts his new Rink Fries column for Sportsnet by breaking down what he calls the “players of interest” as the deadline approaches. That list starts with Seattle Kraken captain Mark Giordano, who could potentially represent a huge chip for the expansion club to play at some point this season. Giordano is on an expiring contract and is now 38, but would be highly coveted at a deadline that could very well have a lack of impact defensemen available.

Kraken Captain Mark Giordano Enters COVID Protocol

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Seattle Kraken defenseman Mark Giordano has entered the NHL’s COVID protocol and is unavailable for Friday night’s game against the Tampa Bay Lightning, per a team tweet.

The 38-year-old Giordano hasn’t had the dreamiest season with his new Kraken club. He has seven points in 19 games on the season, but none in his last five. He’s seen his ice time dip to 20:52 per game this season, the lowest such mark for him in 12 seasons.

The former Norris Trophy winner was expected to be the biggest name on a strong defense in Seattle, but the team has struggled mightily out of the gate due to unexpectedly poor defense and goaltending. It’s likely that Haydn Fleury draws into the lineup in his place.

Giordano could potentially miss the team’s next five games if he’s absent for 10 days, and would miss four games if he’s absent for seven. Both of those timeframes include matchups against two of the league’s best in the Florida Panthers and Edmonton Oilers.

Minnesota Wild Place Jordan Greenway On Injured Reserve

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The Minnesota Wild placed winger Jordan Greenway on injured reserve Friday afternoon, recalling Adam Beckman from the Iowa Wild in his place, per a team release.

Greenway suffered a lower-body injury during Thursday night’s game against the Seattle Kraken after taking a hit from Kraken captain Mark Giordano.

The Athletic’s Michael Russo expands on the nature of a recent injury bug that’s hit the Wild, stating defenseman Alex Goligoski is out one to two weeks with an upper-body injury while Dmitry Kulikov is day-to-day with a lower-body injury.

If Beckman draws into the lineup, it will be his NHL debut. The 75th overall pick in 2019 has seen his stock rise sharply and now finds himself mentioned in a trio of skilled forward prospects in Minnesota’s system, along with Marco Rossi and Matthew Boldy. Beckman has three points in four AHL games this season.

Greenway’s had somewhat of a rough start to the season with just two assists in seven games. He was expected to be a major contributor in the team’s top-six forward group after scoring a career-high 32 points in 56 games last season.

Beckman could certainly get a look playing directly in Greenway’s spot with Ryan Hartman and Marcus Foligno, but head coach Dean Evason could also shuffle the team’s line combinations to put Beckman in less of a checking role.

Mark Giordano Named Captain Of Seattle Kraken

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The Seattle Kraken have made official what many suspected, announcing Mark Giordano as the first captain in franchise history. He’ll be joined by Jordan Eberle, Yanni Gourde, Adam Larsson, and Jaden Schwartz, who will all serve as alternates this season.

Giordano, 38, was an obvious selection for the Kraken when the Calgary Flames decided to leave him unprotected in the recent expansion draft. Despite his age and expensive contract, he also represents a true top-pairing defenseman that took home the Norris Trophy as recently as 2019. There was immediate speculation about whether the Kraken would flip him to another team, adding future assets instead of the veteran defenseman, but have embraced him as the leader of their group instead.

The question now becomes how long he will actually serve as captain, given Giordano’s contract expires at the end of this season. He’s still effective and is worthy of an extension, though it’s not even clear if he will want to play past this season, let alone do so in Seattle. Still, the decision to name him captain suggests that there is a good relationship between Giordano and the front office, perhaps pointing to him sticking around for a little while. The Vegas Golden Knights for instance decided not to name a captain right away, waiting for a player like Mark Stone, who was signed to a long-term deal instead.

At the very least, the Kraken start the year with a strong leadership group that can help to market the game in Seattle. Giordano is well-respected around the league, and the quartet of alternates have quite a bit of NHL experience between them. Gourde and Schwartz are both recent Stanley Cup champions and should be huge parts of the team’s offensive unit. Larsson meanwhile signed a four-year deal to be a pillar of the team’s defense for the next several seasons. In fact, it’s in the alternates that there will be some stability. All four are signed for at least the next three seasons, with Eberle expiring first in 2024.

Kraken Notes: Giordano, Barnes, Goaltending Coach

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During the lead-up to this year’s expansion draft, the rumor mill was in high gear. Speculation surfaced that Mark Giordano, the Calgary Flames captain who would be selected by the Seattle Kraken, may not be on the expansion roster very long. When the Kraken brought him out to the stage during the event itself, it seemed to confirm that wouldn’t be the case. Now, speaking with TSN’s Salim Valji, Giordano explained that not only is he looking forward to playing for the Kraken, but intends on taking a leadership role in the team’s inaugural season:

Yeah, I think myself, obviously being the oldest guy on the team, you go in and you want to embrace those leadership qualities. You want to help out the young guys as much as you can, but with the NHL today, most of the superstars are anywhere from low- to mid-twenties, to be honest. So I’m looking forward to being around the young guys on our team and having good leaders, guys like Jordan Eberle are there, and a bunch of different guys I should mention but will leave it for later. I’m just looking forward to being around a good, solid, young core group who’s going to provide a lot of energy for me. I’m looking forward to that, just as much as hopefully guys are looking forward to playing with me.

Giordano, 37, will likely be looked at as the team’s de facto captain this season, even if he isn’t given the letter. It is also unclear how long the veteran defenseman will actually be there. His contract expires after the 2021-22 season and he will be 39 before the 2022-23 season starts, likely with more than 1,000 games played.

  • The Kraken have said goodbye to one of their pro scouts, as Stu Barnes leaves the organization to take the head coaching role with the Tri-City Americans. Barnes is a co-owner of the WHL team and played there for two seasons before his long NHL career. In fact, Barnes holds the second and third-best offensive seasons in Tri-City history. A veteran of more than 1,100 NHL games, he served as an assistant coach with the Dallas Stars for two different periods since his retirement and was hired by the Kraken last summer.
  • Speaking of hirings, the Kraken are expected to make a decision on a goaltending coach within a week according to Geoff Baker of the Seattle Times. Baker assumed that Andrew Allen, currently working as a pro scout, would take that role given he held it with the Buffalo Sabres previously, but also notes there are few other prominent names like Mike Buckley—recently fired by the Pittsburgh Penguins–out there right now.

Expansion Tracker: Seattle Kraken

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The Seattle Kraken expansion picks were submitted to the league this morning, and after the conclusion of tonight’s Expansion Draft, everything has become official. It was a rather anticlimactic evening, as all of the picks had been leaked accurately throughout the day. It is important to note that considering some puzzling player selections and a large amount of cap space, more moves from the Kraken should happen later this week.

Anaheim: D Haydn Fleury
Arizona: F Tyler Pitlick
Boston: D Jeremy Lauzon
Buffalo: D William Borgen
Calgary: D Mark Giordano
Carolina: F Morgan Geekie
Chicago: F John Quenneville
Colorado: F Joonas Donskoi
Columbus: D Gavin Bayreuther
Dallas: D Jamie Oleksiak
Detroit: D Dennis Cholowski
Edmonton: D Adam Larsson
Florida: G Chris Driedger
Los Angeles: D Kurtis MacDermid
Minnesota: D Carson Soucy
Montreal: D Cale Fleury
Nashville: F Calle Jarnkrok
New Jersey: F Nathan Bastian
New York Islanders: F Jordan Eberle
New York Rangers: F Colin Blackwell
Ottawa: G Joey Daccord
Philadelphia: F Carsen Twarynski
Pittsburgh: F Brandon Tanev
San Jose: F Alexander True
St. Louis: D Vince Dunn
Tampa Bay: F Yanni Gourde
Toronto: F Jared McCann
Vancouver: F Kole Lind
Washington: G Vitek Vanecek
Winnipeg: F Mason Appleton

The Kraken finish with $29MM in cap space, via CapFriendly. Notable RFAs include Twarynski, Dunn, Borgen, and Cholowski. They could be looking at players like Geekie to make the full-time jump to the NHL next season, but for now, the roster looks relatively filled out. It’s got to be expected at this point that some defensemen will be dealt off the roster, as they currently sit with 10 at the NHL level with none of them being waiver-eligible.

This page will be updated as further reports come in, and the official list will be published later tonight.

Rangers Showing Interest In Mark Giordano

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Defenseman Mark Giordano will soon officially be joining the Kraken but his stay there may not be very long. Mollie Walker of the New York Post reports that the Rangers appear to be zeroing in on trying to acquire the blueliner from Seattle.

The 37-year-old had been a part of Calgary’s organization for his entire career spanning parts of 15 NHL seasons before his reported selection today and was a mainstay on their top pairing for a large amount of that time. Back in 2018-19, he had a dominant season offensively which helped lead him to the Norris Trophy but his production has tapered off since then; this past season, he had just 26 points in 56 games which was his lowest output since the lockout-shortened 2012-13 campaign. However, he still logged nearly 23 minutes of ice time while being a steadying defensive presence for the Flames.

It’s that element that likely endears him to Rangers GM Chris Drury. While Jacob Trouba is a strong part of their back end, he’s about the only impact veteran they have with several of their blueliners being 23 or younger. Giordano is someone that would fit in quite well with either Trouba or Norris winner Adam Fox as the steadying veteran that allows his partner to jump into the attack.

The other element that is appealing is his contract; Giordano has one year left on his deal with a $6.75MM price tag and Walker suggests that Seattle would be willing to retain on it to facilitate a trade. With New York having several players up for new deals next summer (including Fox, Vitali Kravtsov, and Kaapo Kakko as RFAs plus Mika Zibanejad and Ryan Strome as UFAs), having someone on an expiring contract would certainly help in terms of keeping some spending flexibility.

As for what Seattle might want for their blueliner, Walker reports that Strome may very well be a target for the Kraken. Their reported roster doesn’t exactly feature much in the way of impact talent down the middle and Strome would be able to step in and play an impact role right away. He would certainly be able to bolster their attack while potentially setting himself up nicely for his first trip to the open market a year from now. After having a lot of success with Artemi Panarin with the Rangers, Strome showing that he can still produce away from Panarin would also bolster his case for a big contract in free agency.

If the two sides aren’t able to make a move right away, expect Giordano to garner considerable interest around the league as there are plenty of teams that could benefit from a veteran blueliner of his caliber for next season. Now that he’s heading for an expansion team, it’s likely there will be lots of trade speculation until he finds himself on the move again.

Seattle Kraken To Select Mark Giordano

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The Seattle Kraken could have their first captain. The team is expected to select Mark Giordano from the Calgary Flames, according to Samil Nadim Valji of TSN and confirmed by Pierre LeBrun of The Athletic.

Giordano, who will turn 38 in October, is just two years removed from winning the Norris Trophy as the league’s best defenseman. In that 2018-19 season he recorded 74 points in 78 games, but that is certainly not the level of offense the Kraken should be expecting. In the two years since, he has totaled 57 points in 116 games and will likely continue to decline at that end of the rink. He also will carry a $6.75MM cap hit for just this season, before becoming an unrestricted free agent in 2022.

Still, he’s a no-doubt top-four option for next season, and possesses the kind of leadership skills to potentially become the team’s captain right out of the gate. Though the Vegas Golden Knights did not name a captain in their inaugural season, they didn’t have a player like Giordano who has held that role for the last eight seasons.

If the other reports are true, the veteran defenseman is joining a blueline that has the potential to be quite impressive in 2021-22. Adam Larsson, Jamie Oleksiak, and Vince Dunn have already been linked to the team, giving them a top-four that some teams around the league would kill for. It does also mean that the Kraken could have a glut of options to choose from and some available in trade, just as the Golden Knights did four years ago. The team received and then flipped names like David Schlemko, Trevor van Riemsdyk, Marc Methot and Alexei Emelin for future draft picks, giving them a solid foundation for moves in the coming years. The Kraken could do the same, especially if the first year doesn’t result in a playoff push.

For Calgary, losing Giordano was obviously something they were prepared for, as they left him off the protected list. Noah Hanifin and Rasmus Andersson are the new core of the defense, with veteran Chris Tanev signed for three more years. Beyond that though, the team will have to make sure to round out their depth chart and replace the minutes (and leadership) that are heading out the door. Taking a $6.75MM cap hit off the books helps in that regard, but it also means they won’t be able to cash in on what was a valuable asset. Trading Giordano in any other summer would have been easy, but contending teams didn’t have the extra protection slot to be able to bring him in. Instead, they’ll watch their captain leave for nothing, suggesting real change is coming in Calgary under head coach Darryl Sutter.

North Notes: Giordano, Sutter, Senators Arena

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Mark Giordano has been a fixture on Calgary’s back end for well over a decade and has gone from a role player to a top-line fixture while taking over as their captain.  However, Seattle’s expansion draft is on the horizon and the Flames could be inclined to protect players that are going to be around a little longer than the 37-year-old in Rasmus Andersson, Noah Hanifin, and Chris Tanev who all have at least three years left on their respective deals.  Accordingly, Sportsnet’s Eric Francis suggests that Giordano would be a viable target for the Kraken who would be able to afford the $6.75MM on his deal for next season where he’d be a valuable mentor (and perhaps a late-season trade chip).  For his part, Giordano acknowledged that “there are certain situations where you have to be an adult about it and know there are certain things that have to happen”, suggesting that he seems to see the writing on the wall.

More from the North Division:

  • Canucks center Brandon Sutter’s preference is to re-sign with Vancouver this offseason, notes Thomas Drance of The Athletic (Twitter link). The 32-year-old certainly hasn’t lived up to the $4.375MM cap hit on the deal he signed after joining Vancouver but he can still be an effective role player, scoring nine goals this season while winning 55.5% of his faceoffs.  A significant pay cut is coming one way or another but given his fit on the team, it’s understandable that Sutter may want to stick around.
  • Ottawa’s arena situation has been a concern for a few years now after the LeBreton Flats development fell through but it has been off the radar lately. However, team owner Eugene Melnyk indicated in a recent appearance on the Bob McCown Podcast (audio link) that he’s hoping to commit to a new plan within the next few years.  His preference is to stay in Kanata but he indicated an openness to considering Gatineau, Quebec as a potential fallback.

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