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Mathew Barzal

Islanders Officially File Contracts For Mat Barzal, Matt Martin, And Andy Greene

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After coming to terms on an extension with RFA Mathew Barzal on Saturday and reportedly agreeing to new contracts with UFA’s Matt Martin and Andy Greene months ago, the New York Islanders have now officially filed the three contracts with the league, reports CapFriendly.

The terms of Barzal’s new contract are exactly as reported on Saturday. The three-year bridge deal will result in a $7MM AAV, but with increasing base salaries of a $3MM, $7MM, and $10MM before the skilled center becomes a restricted free agent again after the 2022-23 season.

Martin’s contract is also as previously reported: a four-year deal with a $1.5MM AAV. In fact, Martin will make exactly $1.5MM in base salary in three of those four seasons. However, for the 2020-21 season, Martin will earn a minimum base salary of $700K and an 800K signing bonus. Regardless of the structure, it is a nice contract for the veteran grinder, who will likely retire as an Islander at 35 years old when the deal expires.

The agreement with Greene had not previously been reported, but is what one might expect for a 38-year-old defender entering his 15th NHL season. It is a one-year deal for Greene, who some expected to finish his career last season after the career New Jersey Devil was dealt to the Islanders. Instead, he returns to give the Islanders his best for a full season rather than just a stretch run. Greene will earn a minimum base salary of $700K. However, Sportsnet’s Elliotte Friedman reports that he is eligible to earn up to $2MM in performance bonuses.

As CapFriendly notes, these deals set the Islanders up very well to take full advantage of the Long-Term Injured Reserve savings afforded to them by Johnny Boychuk’s “retirement”. New York would like to be as close to $6MM over the salary cap upper limit in order to fully use the subtraction of Boychuk’s cap hit. With these three contracts, they sit at $5.29MM over the cap with room for another minimum contract to be added to final roster.

That minimum contract could very well belong to Cory Schneider. The veteran goaltender has been linked to the Islanders alongside Martin and Greene for some time and has been in camp on a PTO. Although Schneider is only expected to be the club’s No. 3 goalie, likely a taxi squad member used as the emergency backup, he could begin the year on the official roster as that extra $700K man.

East Notes: Zibanejad, Islanders, Devils, Voracek, Marchand

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The New York Rangers have been trending upwards as they look forward to the upcoming season. However, one troubling aspect of training camp is the fact that their team leader and MVP Mika Zibanejad has missed the entirety of training camp with no explanation for his absence (standard league policy).

However, The Athletic’s Rick Carpiniello (subscription required) writes that Zibanejad did skate Saturday before the team’s practice, suggesting he might be close to returning to the team. Head coach David Quinn said that Zibanejad has “had a couple of good days.”

The 27-year-old center had a breakout season last year, scoring 41 goals in 57 games and will be looked upon to lead the team once again.

  • The New York Islanders and general manager Lou Lamoriello signed Mathew Barzal to a three-year deal early Saturday, but there was hope that the two sides could agree to a six-year pact instead, according to The Athletic’s Arthur Staple (subscription required). The two sides were discussing a deal similar to the six-year, $9.25MM contract that Colorado’s Mikko Rantanen signed last year, but the Islanders could not make that work. The hope was the team could unload the contracts of Leo Komarov and/or Thomas Hickey to free up the necessary cap room, but no team was willing to take either contract.
  • The New Jersey Devils could be looking the trade route to fill its backup goaltending spot on the roster after veteran Corey Crawford announced his retirement. The Athletic’s Corey Masisak (subscription required) writes that they might be looking towards the Arizona Coyotes, who have quite a bit of goaltending depth, including Adin Hill, who Arizona would have to pass through waivers to get on the taxi squad. That could give New Jersey a chance to trade for Antti Raanta, who is in the last year of his contract and is earning $4.25MM.
  • Philadelphia Flyers head coach Alain Vigneault is completely focused on a long playoff run this season and has sent a message to veteran Jakub Voracek, who was moved off the first-team power play in practice and was told to step up, according to Philadelphia Enquirer’s Marcus Hayes. Voracek scored just 12 goals during the regular season, but especially struggled during the Flyers’ seven-game playoff series against the New York Islanders in which he had just one point. “I talked to Jake about this. I challenged him about this season. There’s a man who’s been in the league for a long time,” Vigneault said. “Basically, he’s won two playoff rounds.” Other young players are ready to take bigger roles on the team, including Oskar Lindblom, Nolan Patrick and Joel Farabee, which could put even more pressure on Voracek.
  • Boston Bruins forward Brad Marchand, who is coming off sports hernia surgery, left practice early Sunday, according to Boston Globe’s Matt Porter. The 32-year-old was given a four-month recovery window in September, but Marchand returned early from that prognosis. While there is no word on why he left practice early, head coach Bruce Cassidy said he was getting treatment and doesn’t believe the injury is serious. He is a game-time decision for Monday’s scrimmage.

Islanders Agree To Terms With Mathew Barzal On Three-Year Contract

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The biggest restricted free agent is unsigned no longer as the Islanders have agreed to terms on a three-year deal with center Mathew Barzal, reports David Pagnotta of The Fourth Period (Twitter link).  Financial terms of the contract were not disclosed but Newsday’s Andrew Gross adds (Twitter link) that the AAV should be $7MM which ties him with Anders Lee as their highest-paid player.  Darren Dreger adds (via Twitter) that the breakdown of the deal is as follows:

2020-21: $4MM ($3MM salary, $1MM signing bonus)
2021-22: $7MM
2021-23: $10MM

Under the terms of the CBA extension, the qualifying offer required is the lower of the final-year salary or 120% of the AAV.  In this case, 120% of the AAV is $8.4MM so that will represent his qualifier in the 2023 offseason.

The 23-year-old burst onto the scene in 2017-18 and made an immediate impact, leading the team in scoring with 85 points (22-63-85) in 82 games.  While his production has tapered off a little bit since then, Barzal has still led the Isles in scoring the last two seasons and put up 19 goals and 41 assists in 69 games in 2019-20 before the pandemic hit.  He also had a strong showing offensively in New York’s run to the Eastern Conference Final with five goals and a dozen helpers in 22 contests.

So why did it take so long for this to get done?  The salary cap, of course.  Even after moving Devon Toews to Colorado and defenseman Johnny Boychuk’s career coming to an end (making him LTIR-eligible), GM Lou Lamoriello didn’t have much in the way in salary cap flexibility.  Even in this marketplace and without arbitration eligibility, Barzal had a case to push for something similar to the eight-year, $80MM deal that Buffalo center Jack Eichel signed two years into his entry-level deal.  That’s a price tag that they simply couldn’t afford.

Going the short-term bridge route has been the expected outcome for quite a while to the point where it’s a bit surprising that it took this long to complete although Dreger reports (Twitter link) that focus until recently had been on a six-year pact.  This approach will allow the Islanders to stay cap-compliant much easier and eventually complete a series of pending transactions that will involve contracts for wingers Matt Martin and Tom Kuhnhackl, defenseman Andy Greene, and goaltender Cory Schneider.  Meanwhile, from Barzal’s point of view, the term will put him one year away from unrestricted free agency with a guaranteed raise of $1.4MM via the qualifying offer while he’ll be arbitration-eligible as well.  That will give him a lot more leverage at that time as if he doesn’t get the terms he’s looking for, he can simply file for arbitration and position himself to hit the open market in 2024.

The deal currently puts New York roughly $3MM over the Upper Limit of the salary cap before taking Boychuk’s eventual LTIR placement into consideration.  It would be beneficial for them to try to get into compliance without needing to put Boychuk on LTIR right away as that would help maximize their in-season spending flexibility.  To that end, it wouldn’t be surprising to see the Isles continue to try to clear out a contract as they’ve been trying to do in recent days and if that doesn’t happen, several of those underachieving veterans could be on waivers in the next couple of days to start another sequence of cap-related transactions.  Alternatively, they could sign some of the pending deals to get close to the Upper Limit, place Boychuk on LTIR to start the season, send some of their surplus roster down, and then announce Barzal’s contract.  Clearly, there is still some cap management to come.

Photo courtesy of USA Today Sports Images.

RFA Deadline Approaching Quickly

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In a normal season, even restricted free agents that miss all of training camp have plenty of time to sign. To be eligible to play, they must have a contract signed and filed with the league by December 1, nearly two months after a normal NHL season begins. Two years ago we saw a negotiation go down to the witching hour between the Toronto Maple Leafs and William Nylander, with the young forward eventually signing a six-year, $45MM deal just before the deadline. Nylander was in the lineup by December 6, though he never seemed to get comfortable and ended up having arguably his worst season as a professional.

With a few notable restricted free agents still unsigned, now less than a week before the season begins, it’s important to note that they don’t have that two-month in-season window anymore. In fact, it’s less than a month between the start of the regular season and the RFA signing deadline of February 11 in this unique, shortened campaign.

That means for Jack Roslovic, Jesper Bratt, and, most importantly, Mathew Barzal, the clock is ticking. If they are not signed by that date, they cannot play this season at all.

In Roslovic’s case, the negotiations have led to a formal trade request. That doesn’t mean the only way he plays this season is with another team, but it certainly should inspire confidence that he’ll be inking a deal with the Winnipeg Jets anytime soon. The 23-year-old forward hasn’t gotten a ton of playing time in Winnipeg’s deep forward group but did generate 12 goals and 29 points last season in 71 games. Selected 25th overall in 2015 he obviously believes a change of scenery would be beneficial to his career, and it’s hard to argue that at this point given where he’ll still slot in on the Jets depth chart. If Winnipeg doesn’t give in or doesn’t receive an acceptable offer though, that signing deadline will put a lot of pressure on Roslovic to take whatever deal he can get just so he doesn’t spend an entire year away from NHL ice.

For Bratt, it doesn’t seem as contentious, but Elliotte Friedman of Sportsnet reported recently that the New Jersey Devils forward is still in Sweden and there is a “bit of a gap” between the two sides. New Jersey just spent another $2MM on Sami Vatanen in free agency and, like in all of these situations, every day that passes gives another player a chance to show what they can do at camp. Perhaps playing in the SHL would be an option for the 22-year-old Bratt, but after a 32-point season in 2019-20 you would think he’d want to be part of what they’re building in New Jersey. He has just over a month to get something done if he wants to be there this season.

There are technically some other restricted free agents, including names like Henrik Borgstrom and Aleksi Saarela of the Florida Panthers, but they are already playing overseas and don’t have the kind of track record of the three mentioned.

That brings us to Barzal, who is one of the most fascinating stories of training camp so far. He was listed on the New York Islanders camp roster, but hasn’t appeared on the ice as the negotiations continue. Like any other situation that includes GM Lou Lamoriello, there is little information coming out, but Friedman discussed it today on the radio, explaining that this situation is not like some of the other high profile RFAs that have been in the news lately:

I don’t look at this situation here and see—like we know obviously there is a issue with [Pierre-Luc] Dubois in Columbus and we know there is an issue with [Patrik] Laine in Winnipeg, I don’t get any sense there is an issue with Barzal and the Islanders.

That doesn’t mean they have forever though, as not only has Barzal now missed a chunk of the already-shortened training camp, he’ll need a new deal before that February 11 deadline if he wants to play at all. For the Islanders, who have their eyes fixed squarely on a playoff spot in the tough East Division, missing Barzal even for a single game would have grave repercussions. The heartbeat of their offensive attack, the 23-year-old has 207 points through his first 234 NHL games and is expecting quite the salary bump on any contract.

The deadline isn’t two months into the season anymore. It’s just about a dozen games.

Photo courtesy of USA Today Sports Images

Snapshots: Laine, Dubois, Barzal, Kunin

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Training camp is underway all across the league and with it comes vast speculation on the future of discontented young stars. Pierre LeBrun of The Athletic reached out to several front office executives for their take on the Pierre-Luc Dubois and Patrik Laine situations, which are seemingly destined for trades at some point down the line. Both Dubois and Laine have expressed a desire for a “change of scenery,” though both are under contract and reported to Columbus Blue Jackets and Winnipeg Jets camps respectively.

That speculation seems to all lead to one point, and that is the team trading the best player in a deal is usually the one that loses. Columbus and Winnipeg will both have an extremely tough time winning any trade that includes Dubois or Laine (although, swapping them directly has also been mentioned).

  • At least Dubois and Laine have contracts, which can’t be said about Mathew Barzal as New York Islanders camp opened today. Barzal was on the team’s training camp roster but not on the ice, and Arthur Staple of The Athletic updates the situation with his report that talks continue between the two sides. Head coach Barry Trotz spun the news in a different direction, noting that while Barzal is out there is an opportunity for other players to impress.
  • Barzal has a spot locked up whenever he returns, but an absence may not be so beneficial to Luke Kunin, who is still without a contract with his new team, the Nashville Predators. Kunin will not report to Predators camp without one, according to Adam Vingan of The Athletic, though the team remains hopeful a deal will be made soon. The 23-year-old forward arrived in a trade from the Minnesota Wild earlier this offseason after finally establishing himself as a full-time NHL player last year, scoring 31 points in 63 games.

East Notes: Barzal, Cizikas, Olofsson, Peterka

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With the opening of training camp, New York Islander players have undergone off-ice testing today. However, one notable missing player today is unsigned restricted free agent Mathew Barzal, who now is considered to officially be a holdout, according to The Athletic’s Arthur Staple.

Head coach Barry Trotz confirmed that Barzal is not in camp, although he said Barzal is on Long Island. He said he will make due without Barzal for now. The team currently only has $3.9MM in cap room, but once the team is able to put defenseman Johnny Boychuk on LTIR due to a career-ending eye injury, that should open up some extra cap space to sign the first-line center.

“You have to make sure you’re adaptable,” Trotz said. “We’re going to worry about who we can put on the ice.”

  • Sticking with the Islanders, Staple reports that forward Casey Cizikas is in camp and ready to go. The 29-year-old forward was forced to leave the bubble during the playoffs after suffering an eye injury. Cizikas told Staple that he took a hit to the head during the playoffs and the vision in his left eye went blurry. After leaving the bubble, the key fourth-line forward was diagnosed with a detached retina. “I feel comfortable and confident on the ice now, so that’s the most important thing,” said Cizikas.
  • When Taylor Hall signed a one-year deal with the Buffalo Sabres, the former Hart Trophy winner was penciled in next two Jack Eichel and winger Victor Olofsson. Unfortunately, the first few days of camp haven’t given him much playing time with those linemates as Eichel has been out with an upper-body injury and has been day-to-day with the start of camp. Now, Olofsson is also listed as day-to-day. The forward left practice Saturday after crashing hard into the goal post while doing a one-on-one drill with Rasmus Dahlin at full speed, according to The Athletic’s Jon Vogl. He was favoring his left arm. However, head coach Ralph Kruger said Sunday that he expects Eichel, Olofsson and goaltender Linus Ullmark to return by Wednesday, according to the Buffalo News’ Lance Lysowski, although that likely means they will miss Monday’s scrimmage.
  • Despite an impressive showing for Team Germany at the World Juniors last week, Buffalo Sabres prospect John-Jason Peterka will not be attending Buffalo’s training camp. The 18-year-old is expected to return to Germany and play for EHC Munchen in the DEL where he has been playing since last season. The team’s second-round pick (34th overall) scored seven goals amongst men in 42 games there last season and should take a much bigger role with his team this year. Vogl adds that Krueger knows Peterka’s coach in the DEL and believes he will develop him well.

Islanders Expected To Pursue Bridge Contract For Mathew Barzal

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One of the more interesting RFA cases is Islanders center Mathew Barzal.  He has been their leading scorer in each of his first three NHL seasons and GM Lou Lamoriello has publicly stated any offer sheet would be matched in an effort to dissuade other teams from even attempting to go that route.  However, cap space is still a big factor, even after trading blueliner Devon Toews to Colorado and the recent announcement that Johnny Boychuk’s playing career has come to an end (making him eligible for LTIR).

Accordingly, Newsday’s Andrew Gross notes that the industry expectation for Barzal is that he will sign a bridge deal, a two-year or three-year pact around $7MM per season.  That would still represent a substantial raise from the $925K base pay he earned on his entry-level deal (which included his signing bonus) and give both sides a chance to re-assess the financial landscape before he reaches UFA eligibility.  On top of that, it also gives New York a chance to determine if the 23-year-old is capable of getting back to his rookie-season output of 85 points or if he’s likely to check in below that as he did in the past two years where he had 62 and 60 points.

If that is indeed the route they go, there are two big questions to be answered.  The first is the structure of the deal in terms of how much to backload it, particularly with the new qualifying offer rules in place.  Now, the required tender is the lower of 120% of the AAV or whatever the salary on the final season winds up being.  Even if the AAV of this deal winds up near that $7MM target, it’s quite likely that the qualifying offer will be in the $8MM range.

The other is how to fit this in on the cap.  Yes, Boychuk is going to wind up on LTIR but there is a timing factor at stake.  If the Islanders can wait to put him there until the start of the season, they’ll have some more in-season flexibility to work with.

As things stand, they have roughly $3.9MM in cap room, per CapFriendly and that’s with a minimum-sized roster.  If they want to get this deal done and be in cap and roster compliance before placing Boychuk on LTIR, there is going to have to be some roster juggling.  Some high-priced veterans (such as Andrew Ladd, Thomas Hickey, and Leo Komarov) could be waived in camp and sent down, freeing up $1.075MM each in cap space before having to offset that amount by a minimum-salaried recall.  Expected goalie Ilya Sorokin (who is waiver exempt) could also go down and be temporarily replaced by a lower-salaried netminder on their season-opening roster before those transactions were reversed.  Even more of those moves may be required to pull that particular strategy off.

Assuming they can do so, they could utilize almost all of Boychuk’s contract in LTIR room (the cap room freed up is the amount of the contract minus existing cap space at the time of placement, not automatically the full value of the contract) and it appears that they’ve already done some of that spending.  Gross adds that deals are believed to be in place for goalie Cory Schneider (which had been reported back in October), defenseman Andy Greene, and winger Matt Martin.  That money can’t be committed until they get Barzal signed and Boychuk transferred with the latter move happening right at the beginning of the season.  As a result, it’s probable that those veterans will be in camp on PTO deals only.

Bridge contracts are often viewed as the simple solution but in Barzal’s case, there will be a lot of moving parts to this one with several veterans being affected by what he eventually signs for and when the deal is done.

Islanders Are Facing A Cap Crunch

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On the surface, having nearly $4MM in cap space to work with (per CapFriendly) would seem like a good thing for the Islanders.  Many teams don’t have anywhere near that type of room and would love to have that situation.  Of course, it isn’t quite that simple as New York still has their top forward in Mathew Barzal to re-sign and it’s doubtful that he’d simply settle for whatever room they have left.

While the 23-year-old technically had the lowest point total of his career last season, he still managed 19 goals and 41 assists in 68 games and is their number one center.  Even without the realistic threat of an offer sheet (given how few teams have the cap space available to try to sign Barzal at a price point that wouldn’t be matched), he still certainly has enough leverage to secure a sizable contract.

The recent settlement with defenseman Ryan Pulock opened up a second buyout window but given that most of their higher-priced talent that have underachieved have come with virtual buyout-proof deals based on how the contracts were structured, that was never really an option to use.  Those struggles in performance also makes finding a taker for defenseman Johnny Boychuk ($6MM) or winger Andrew Ladd ($5.5MM) extremely difficult.

Even players whose cap hits were under the second buyout threshold in wingers Cal Clutterbuck ($3.5MM) and Leo Komarov ($3MM) will be difficult as teams that are looking for grit can sign a free agent for much less than they’re making.  One of those is Matt Martin, a player they’d like to bring back but they need to get Barzal signed first.  Meanwhile, most of the more expensive veterans that would have some trade value are the ones that GM Lou Lamoriello will want to keep around although blueliner Nick Leddy ($5.5MM) could be deemed expendable.

One possible way to mitigate the situation is to focus on a short-term deal with Barzal.  A one-year pact would put his cap hit lower than it would on a multi-year contract and while it does take him to salary arbitration eligibility, anything under three years would do that anyway.  (Four years or more would take him to UFA status.)  While that typically isn’t an ideal option for a top young player, this isn’t a typical situation given that a lot of contracts for notable players have come in lower than expected.  As far as looking to cash in with a long-term, big-money contract goes, this probably isn’t the right time to do so.

But even that won’t solve the problem completely as again, Barzal is likely to get more than what New York has left in cap space so some sort of move has to be made.  They can open up a bit more wiggle room by carrying a minimum-sized roster but even if that leaves enough to get him in on a one-year pact, it leaves them quite vulnerable in terms of not having much room for recalls which, in a season that’s expected to be somewhat compressed with plenty of back-to-back situations, is hardly ideal.

Accordingly, it appears as if the Islanders will be joining the list of teams that are looking to free up some cap room between now and the start of the 2020-21 campaign, whenever it may be.  Of course, that’s something that’s a lot easier said than done this offseason.

Snapshots: Barzal, Timashov, Davidsson

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The New York Islanders locked up one of their key restricted free agents today when they agreed on a new two-year contract with Ryan Pulock, but still have one big item on their offseason to-do list. That’s a new contract for Mathew Barzal, who is a restricted free agent without arbitration rights and is in line for a huge raise.

Perhaps not as big as one might expect though. Pulock, speaking to reporters today including Andrew Gross of Newsday, explained that he and Barzal have spoken throughout the offseason and are trying to take deals that work for them and the Islanders, in the hopes that their current core can stay together. Still, it’s not like Pulock took a huge discount on his deal, which walks him straight to free agency at age-27 and carries a $5MM AAV. Barzal, who led the Islanders with 60 points during the regular season, is arguably the most important skater on the team and should command quite the salary.

New York Islanders Announce Qualifying Offers

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The New York Islanders have tendered qualifying offers to several players ahead of the upcoming free agent period. Mathew Barzal, Kyle Burroughs, Joshua Ho-Sang, Grant Hutton, Ryan Pulock, Devon Toews, Mitch Vande Sompel, and Parker Wotherspoon have all received qualifying offers. After re-signing Sebastian Aho to a two-year deal, that leaves just Linus Soderstrom unqualified. Soderstrom will become an unrestricted free agent on Friday.

While Soderstrom’s exclusion may raise some eyebrows, the most surprising decision here may be to qualify Ho-Sang. The Islanders and their enigmatic prospect have never really seen eye-to-eye and it appeared as though the two sides were going to finally have a chance to part ways. Instead, Arthur Staple of The Athletic reported last week that New York actually would be qualifying the 24-year-old, keeping him in the organization that drafted him six years ago.

It’s not just that Ho-Sang hasn’t made an impact at the NHL level, it’s that he has constantly clashed with the Islanders coaching staff and management teams on his career path. The first-round pick has believed he deserved more time in the NHL to show what he could do and this year even officially requested a trade and was told not to report to the Bridgeport Sound Tigers. Ho-Sang ended up playing six games for the San Antonio Rampage, the AHL affiliate of the St. Louis Blues before the season was canceled.

Obviously, it is difficult to see a path forward between the two sides, but that doesn’t mean Islanders GM Lou Lamoriello is going to throw away an asset (regardless of value).

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