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Mark Letestu

Trade Deadline Recap: Eastern Conference

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After a month of lead up, a sprinkling of trades over the last week or so, and a wild deadline day today, NHL teams are done with transactions for the 2017-18 NHL season. Here are the deals that improved contenders in the Eastern Conference:

Deadline Day

Tampa Bay Lightning receive:
D Ryan McDonagh
F J.T. Miller

New York Rangers receive:
F Vladislav Namestnikov
F Brett Howden
D Libor Hajek
2018 first-round pick
Conditional 2019 second-round pick

 

Columbus Blue Jackets receive:
F Thomas Vanek

Vancouver Canucks receive:
F Tyler Motte
F Jussi Jokinen

 

Columbus Blue Jackets receive:
D Ian Cole

Ottawa Senators receive:
F Nick Moutrey
2020 third-round pick

 

New Jersey Devils receive:
F Patrick Maroon

Edmonton Oilers receive:
F J.D. Dudek
2019 third-round pick

 

New York Islanders receive:
F Chris Wagner

Anaheim Ducks receive:
F Jason Chimera

 

Boston Bruins receive:
F Tommy Wingels

Chicago Blackhawks receive:
Conditional 2019 fifth-round pick

 

Pittsburgh Penguins receive:
F Josh Jooris

Carolina Hurricanes receive:
F Greg McKegg

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Early Notes: Columbus, Hartman, Vermette

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The Columbus Blue Jackets added Mark Letestu yesterday for their playoff run, but had checked in on several other options before making the deal. Mark Lazerus of the Chicago Sun-Times reports that the Blue Jackets offered a third-round pick for Artem Anisimov, hoping the Blackhawks would also retain some salary.

Elliotte Friedman of Sportsnet also believes that the Blue Jackets asked about Patrik Berglund and Vladimir Sobotka of the St. Louis Blues, but obviously didn’t make a deal. Letestu ended up only costing Columbus a fourth-round pick, which certainly doesn’t take them out of the running today for an additional upgrade.

  • Scott Powers of The Athletic reports that the Chicago Blackhawks are looking for a first-round pick plus another asset for Ryan Hartman, a big ask for a young player with just eight goals this season. Hartman, 23, is a versatile player that could draw interest from many teams, and is a restricted free agent this summer. That could be part of why the Blackhawks are considering moving the forward, as like most years they’ll have some tough decisions to make on their young free agents due to their ongoing cap crunch.
  • Antoine Vermette was held out of the lineup last night for the Anaheim Ducks, and John Shannon of Sportsnet reports on his eight-team approved trade list. Shannon explains that only two of those teams are currently in playoff spots, which could drastically limit any return should the Ducks decide to move him. Vermette is affordable and playoff-tested, but ultimately holds a lot of power in deciding whether he’ll be traded today.

Edmonton’s Maroon Could Be Next Chip To Be Moved

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With a few trades already in the books today, the trading scene only seems to have intensified. Now with the market established for several players, teams are working the phones even harder now. In fact, Pierre LeBrun reports that Edmonton Oilers scorer Patrick Maroon could be the next piece to go as the scribe reports that seven teams have reached out to Edmonton.

Having already moved Mark Letestu in a three-team deal earlier in the day, general manager Peter Chiarelli can focus more on Maroon. The 29-year-old winger could easily bring in a similar haul that the New York Rangers got for Rick Nash when they traded him to Boston this morning for a first-round pick, Ryan Lindgren and veterans Ryan Spooner and Matt Beleskey. Even better is Maroon’s contract situation, which is better than Nash’s. Nash had a cap hit of $7.5MM, but Maroon is in the final year in which he is making $1.5MM, meaning many playoff teams could easily fit that into their remaining cap space.

While he’s not duplicating the 27-goal season he put together a year ago, Maroon has 14 goals and 16 assists this year with the Oilers and at 6-foot-3, 225 pounds, he is a physical winger who can put the puck in the net, a prized possession for a team looking for playoff help.

Edmonton’s Letestu Traded To Nashville, Then Flipped To Columbus

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The Nashville Predators traded winger Pontus Aberg to the Edmonton Oilers for center Mark Letestu and then immediately flipped Letestu to the Columbus Blue Jackets for a 2018 fourth-round pick, according to Pierre LeBrun.

Letestu return to Columbus where he played for four years before signing with the Oilers in 2015. The bottom-six center fills a depth need at center as Columbus has struggled at the position with injuries, but also as a special teamer. He is an excellent penalty killer. In 60 games this season, the 33-year-old Letestu has eight goals and 11 assists and a minus-17 plus/minus ratio. He had a big year last year when he scored 16 goals for the playoff-bound Oilers.

The Oilers added a young scoring forward Aberg, who has had trouble breaking into the Predators’ lineup. The former second-round pick in the 2012 draft has been in and out of the lineup, often as a healthy scratch and has appeared in just 37 games with just two goals and six assists to show for it. He did make a name for himself during the Predators playoff run last year when he had to fill in due to injuries and scored two goals and three assists in 16 games.

For Nashville, the move is essentially a roster dump as the team is likely trying to clear a roster spot to eventually add 2017 first-rounder Eeli Tolvanen when his season is over when his KHL team has been eliminated from the playoffs. The Predators are also likely to bring in veteran Mike Fisher back as well, so roster space was needed.

Edmonton Oilers Will Not “Blow It Up”

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Edmonton Oilers GM Peter Chiarelli scheduled a press conference today where he took questions from several media members, and the overriding theme of the day was that the team would not “blow it up.”  Chiarelli is not looking to dump players for draft picks just to start the development process again, but instead make tweaks to the roster to try and get back to the level of success found in 2016-17. The team is prioritizing speed in any acquisitions they make, and admitted that they had looked at a couple “hockey deals” recently.

Chiarelli also said that there had been interest in both Patrick Maroon and Mark Letestu, though wouldn’t go into specifics on either player. He also said they’d looked into extensions with some of their pending free agents.

The Oilers have struggled through a very disappointing season, but aren’t going to push the eject button just yet on this group. Though there is work to be done, a Connor McDavid-led team could jump right to the top of the league next season with some adjustments, just as it did a year ago. Chiarelli says he’s not involved in some bigger things going on around the league, and it wouldn’t be surprising if Edmonton is one of the quietest teams at the deadline, outside of perhaps selling off a few rentals. Any big changes are more likely to happen in the summer.

Trade Candidates: Mark Letestu

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With the trade deadline just days away, we continue to profile several players that have a good chance to be dealt by February 26th.

Mark Letestu has not had a good season. In fact, in many ways this is the worst season of his NHL career. However, when Trade Deadline season rolls around each year, experienced, versatile depth forwards on expiring contracts are consistently the most common type of player dealt. Letestu fits the bill, hence the rampant speculation that he will be traded. Like Letestu, the Edmonton Oilers have not had the 2017-18 campaign they expected and have no reason to keep Letestu and, based on his play this season, are likely eager to trade him to the highest bidder. This is not a question of if Letestu will be dealt, but when and to whom.

Contract

Letestu is in the final season of a three-year, $5.4MM contract signed with the Oilers in 2015. The deal holds a $1.8MM cap hit and no trade protections.

2017-18

The 32-year-old Letestu is coming off a career-high 35 points in 2016-17. While he may not be an offensive juggernaut, Letestu has been the definition of reliable in his nine-year NHL career. He can play on the power play and penalty kill, excels at the face-off dot, and is hardly ever found taking a bad penalty. In 2017-18, he has continued to dominate the dot and play clean hockey; that’s about all he’s done right. Letestu has seen his offense disappear this season and, with it, his play time. He is currently on pace for 25 points this season, 10 fewer than last year and tied for the second-least of his career. Even worse, most of that production came earlier in the season. Letestu recorded 16 of his 18 points prior to the new year and is currently on a 24-game goal-less streak, with just two assists to show for the last two months. To qualify that lack of impact on the score sheet, consider that Letestu is still averaging more than two minutes per night on the power play as well. Between his significant power play and penalty kill time – despite no offense and a team-worst plus/minus – Letestu is left with under nine minutes a night of five-on-five time this season.

Season Stats

58 GP, 8 goals, 10 assists, 18 points, -16 rating, 10 PIM, 91 shots, 12:57 ATOI, 50.7 CF%

Potential Suitors

Despite a miserable season, there continues to be immense interest in Letestu. That is not to say that the Oilers will receive an immense return when they trade him, but there will be some competition driving up the price for a player that otherwise would be worth very little. Some teams may consider Letestu’s personal struggles a function of Edmonton’s poor season and hope for a bounce back to his 2016-17 level of play with a change of scenery. Others may just see him as a specialist and continue to use him as Edmonton does – power plays, penalty kills, face-offs, and little else.

Among the teams rumored to be interested in Letestu are the Winnipeg Jets, Pittsburgh Penguins, and Toronto Maple Leafs. He would fit well as an energy line or 13th forward on any of those teams. Other squads who could use another body up front include the Los Angeles Kings, Philadelphia Flyers, and Boston Bruins, while several others are sure to do their due diligence on his availability as well. However, as The Athletic’s Aaron Portzline alluded to, the perfect fit for Letestu is likely back with the Columbus Blue Jackets. Letestu spent parts of four seasons in Columbus before signing with Edmonton, including arguably his best season in 2013-14. Not only that, but Portzline points out that Letestu and his family still call Ohio home. While too much stock is often put into familiarity when it comes to transactions and Letestu likely won’t have a say in his destination, the landing spot makes sense for other reasons as well. The Jackets are still fighting hard for a playoff spot and may not be willing to pay for a premium player with their playoff future still uncertain. Letestu will likely be more affordable and, as an added bonus, can jump right into the lineup, rejoining some past teammates and lending his experience to the many younger, newer Jackets forwards. More specifically, Columbus has also struggled greatly with special teams this season, sporting the league’s worst power play and a bottom-five penalty kill. They may have a better chance than anyone at giving Letestu an environment where he can rediscover his even strength game and scoring touch, but even if he doesn’t, he can at least help to rejuvenate the special teams.

Likelihood of a Trade

The likelihood of Letestu being traded is as close to 100% as any player on the block. The Oilers have absolutely no reason to keep him and there is high interest in his services. At some point over the next few days, Letestu will have a new home for the remaining months of the 2017-18 season.

Winnipeg Jets Talking To Several Teams

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The Winnipeg Jets are one of the best teams in the league this season, and just got Mark Scheifele back to add to their impressive attack. Now, they might be looking to get even better. Darren Dreger of TSN reports that the Jets are talking to several teams, and mentions Rick Nash, Mike Hoffman, Patrick Maroon, Mark Letestu and Ryan Hartman among those the team has looked into.

That list of players includes both rentals and those with years remaining on their contracts, meaning the Jets could be open to acquiring just about anyone available around the league. The team has plenty of cap space both this season and next, and look like legitimate contenders already.

The team also has several promising young prospects coming through the system, and could pull from that group in order to land some NHL talent right away. Players like Nash and Hoffman will come with hefty price tags, making an acquisition of their level something new for GM Kevin Cheveldayoff. In his tenure with the team, they’ve never really been buyers at the deadline, with sending Andrew Ladd back to Chicago and the Tyler Myers–Evander Kane swap his biggest two in-season moves.

Mark Letestu’s Trade Value Dropping

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Veteran center Mark Letestu has been a hot name on the rumor mill this season. The 32-year-old is an impending free agent coming off a career-high 35 points last season. While not a statistical machine, Letestu has been the definition of reliable in his nine-year NHL career. He can play on the power play and penalty kill, excels at the face-off dot, and is hardly ever found taking a bad penalty. With the Edmonton Oilers struggling this season, it seemed that one silver lining could be the return they could get for the dependable Letestu.

That dream may have slipped away already though, as 2017-18 continues to be just as disappointing for Letestu as it has for the Oilers. Through 48 games, Letestu’s 16 points puts him well off his pace from last season and much of those offensive struggles have come lately. Letestu has not recorded a point in 14 games and his last assist came back on December 12th, as his production has dried up completely. Tack on Letestu’s -15 rating, the worst on the team, and the once-reliable forward has been both an offensive non-factor and defensive liability this season. As a result, his ice time has suffered. Letestu has skated in under 10 minutes in six games this season, including back-to-back eight-minute games last week; he had one such game last season.

Now, coach Todd McLellan has taken the next step. Even with Ryan Nugent-Hopkins sidelined with injury, the Oilers’ bench boss has decided he has had enough of Letestu’s lackluster play, making him a healthy scratch for tonight’s big game against their Alberta rivals, the Calgary Flames. Even taking into account the poor play of the entire Oilers team this year, it still does not excuse the drop-off in all around play by Letestu this season. Now, not only has he been objectively bad, but even his team has lost confidence in his ability. Perhaps this benching will jump start Letestu’s season and he can rebuild his trade value over the next month, ahead of the NHL Trade Deadline. Otherwise, GM Peter Chiarelli may essentially give away the expiring center, as he won’t come close to the once-promising return he may have gotten earlier in the year.

Peter Chiarelli Talks About Direction Of Edmonton Oilers

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The Edmonton Oilers’ season hasn’t gone as expected. After taking the Anaheim Ducks to Game 7 of the second round last year, the Oilers were expected to be a Stanley Cup contender and steamroll over the Pacific Division with a dynamic offense led by Connor McDavid. Instead, Edmonton has just 118 goals on the season and sits 13th in the Western Conference standings with just 39 points through 43 games.

Peter ChiarelliBecause of their struggles, head coach Todd McLellan’s name has been thrown around as a potential scapegoat, while GM Peter Chiarelli has felt some of that heat himself. Chiarelli said as much when speaking with TSN’s Ryan Rishaug today in a long interview that goes in detail on several topics.

Chiarelli once again stated that he would not be firing McLellan this season despite the struggles, and refuses to pin all of the blame on him or his coaching staff. Instead, the GM believes there has been a confluence of issues that have resulted in a poor record and the front office is still working out what exactly has gone wrong. With that, he wouldn’t reveal which direction the team will take at the trade deadline but admitted that a decision would have to be made soon.

Rishaug was quick to mention that McDavid’s entry-level contract is up after this season, at which point his cap hit will balloon to $12.5MM for the next eight years. With Leon Draisaitl already making $8.5MM this season, the Oilers will have trouble adding much in terms of free agency over the coming years. There simply won’t be much money to go around if they’re going to continue to lock up their homegrown talent while paying $21MM to their top two offensive talents.

The Oilers do have expiring assets that could be used as bait as the deadline approaches. Patrick Maroon, Mark Letestu and Mike Cammalleri are all unrestricted free agents at the end of the year and could be interesting additions for various clubs around the league. Beyond that, Ryan Strome, the player acquired in exchange for Jordan Eberle in the offseason (a topic that is broached by Rishaug in the interview) is a restricted free agent that could be viewed as another buy-low candidate for a rebuilding team. Strome is due a $3MM qualifying offer this summer and is arbitration eligible, making it possible that Edmonton can’t even afford him depending on how they view his value going forward.

Looking forward there is quite a number of unknowns in Edmonton. Cam Talbot is only signed through the 2018-19 season and has seen his play drop off this year, while is a trio of veterans with full no-move clauses and big cap hits. Milan Lucic, Andrei Sekera and Kris Russell are all on deals that take them through at least the 2020-21 season, and combine for a $15.5MM cap hit. Though each brings some value to the team, they can only be relied upon as complimentary players at this point in there careers.

It’s unclear which path Chiarelli will take at the deadline, and whether any core pieces will be moved out to try and send the team in a different direction next season. It does seem likely that if there isn’t a marked improvement at this point next year, Chiarelli’s seat might not just be hot, it might be gone.

Photo courtesy of USA Today Sports Images

Salary Cap Deep Dive: Edmonton Oilers

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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 2017-18 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.

Edmonton Oilers

Current Cap Hit: $65,647,000 (under the $75MM Upper Limit)

Entry-Level Contracts

D Matt Benning (One year remaining, $925K)
F Drake Caggiula (One year remaining, $925K)
F Connor McDavid (One year remaining, $925K)
F Jesse Puljujarvi (Two years remaining, $925K)
F Anton Slepyshev (One year remaining, $925K)
F Kailer Yamamoto (Three years remaining, $925K)
D Darnell Nurse (One year remaining, $863K)

Potential Bonuses

McDavid: $2.85MM
Puljujarvi: $2.5MM
Nurse: $850K
Slepyshev: $600K
Caggiula: $425K
Benning: $300K
Yamamoto: $230K

Total: $7.755MM

Believe it or not, McDavid is still on the list as the Art Ross Trophy winner, Hart Memorial Trophy winner, and Ted Lindsay Award winner is on the last year of his entry-level deal. McDavid will also be listed later in the story under four year and more as McDavid signed his eight year, $100MM extension this summer and will be locked up long term regardless. More on him later …

The Oilers have high expectations for both Benning and Nurse to take that next step. With injuries mounting, both should be vaulted into bigger roles than they were last year. The 23-year-old Benning played in 62 games last year and played solidly while filling in for injured players. The 22-year-old Nurse also had a solid showing in 44 games this year. Both may be asked to jump onto top-four pairings on defense throughout the year.

Slepyshev, who suffered an ankle injury in the offseason looks close to being ready. He had 10 points in 41 games a year ago, but also scored three goals in the playoffs for Edmonton last year and many feel the 23-year-old is ready to take that next step. Caggiula, a big college player from the University of North Dakota, had seven goals and 18 points in 60 games a year ago in his first year with Edmonton and is also thought to be a player ready to make a jump.

Both Yamamoto and Puljujarvi (Edmonton’s 2017 and 2016 first-round picks, respectively) went head-to-head and battled it out for a final roster spot this training camp with Yamamoto getting the edge and Puljujarvi getting sent to Bakersfield, but don’t be surprised if Puljujarvi is back up at some point during the season.

One Year Remaining, Non-Entry-Level

D Mark Fayne ($2.6MM, UFA – team saved $1.025MM in cap relief by sending him to AHL)
F Ryan Strome ($2.5MM, RFA)
F Mark Letestu ($1.8MM, UFA)
F Patrick Maroon ($1.5MM, UFA)
F Jussi Jokinen ($1.1MM, UFA)
G Laurent Brossoit ($750K, RFA)
F Iiro Pakarinen ($725K, RFA)

Connor McDavidPerhaps the most interesting player the team must focus on will be Maroon, who had a breakout year playing next to McDavid. The 29-year-old wing scored 27 goals and has proven to be one guy who seems to play well next to McDavid. He is a presence in front of the net and a physical force for the team.

Letestu, is another player the team will have to consider. Likely to be the team’s fourth-line center, Letestu put up 16 goals last year, although that was a career high and he’s already 32 years old. Jokinen, who signed a one-year deal this offseason, put up 11 goals last year in Florida, but at 34 years old is likely not a priority to the team.

As for restricted free agents, the team will take a long look at Strome, who the team acquired in the Jordan Eberle deal. The 24-year-old center has had an inconsistent career with the New York Islanders, but put up 13 goals and 30 points last year. The Oilers hope he can keep improving on those numbers. Brossoit will get his first chance to be Talbot’s backup. The 24-year-old looked promising in eight appearances last year.

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