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Mike Hoffman

Oilers Release Mike Hoffman From PTO

September 30, 2024 at 11:39 am CDT | by Josh Erickson 1 Comment

The Oilers have released winger Mike Hoffman from his professional tryout, the team said Monday.

It’s a tad surprising given the 34-year-old’s numbers in exhibition play. Hoffman skated in four of the Oilers’ five preseason contests thus far, posting a goal and three assists for a point per game. He did, however, post a -2 rating and managed only four shots on goal. It was always going to be an uphill battle for Hoffman to make the Oilers roster anyway, with plenty of veteran scoring depth pieces on the wings, although there was a small opening with Evander Kane set to miss most of the season after undergoing surgery.

If there was a one-way deal out there for Hoffman, he likely would have landed it already with just over a week to go until opening night. There should be a fair amount of interest in his services on a two-way deal or an AHL contract, though, and signing in Europe remains an option.

The 13-year veteran has averaged 25 goals and 54 points per 82 games throughout his NHL career. His production dipped significantly last year on the league-worst Sharks, though, limited to 10 goals and 23 points in 66 contests. San Jose, which took on the final year of his three-year, $4.5MM AAV contract from the Canadiens as part of last summer’s Erik Karlsson three-team blockbuster, opted not to bring him back and let him become an unrestricted free agent.

While a spot on an NHL opening night roster looks unlikely, he’s a sensible target for teams looking for AHL scoring depth if he’s open to playing in the minors. He hasn’t seen AHL ice since working his way up the professional ladder in the Senators organization, captaining their AHL affiliate in Binghamton during the 2013-14 campaign.

The Oilers’ wings on their top two lines are seemingly a lock, with Zach Hyman and Ryan Nugent-Hopkins flanking Connor McDavid and Viktor Arvidsson and Jeff Skinner with Leon Draisaitl. Their bottom six will likely feature Connor Brown, Mattias Janmark, Corey Perry, and Vasily Podkolzin on the wings in some capacity, although 24-year-old Raphael Lavoie remains on the training camp roster and is gunning for a roster spot to avoid waivers.

Edmonton Oilers| Newsstand| Transactions Mike Hoffman

1 comment

Oilers Sign Mike Hoffman To PTO

September 18, 2024 at 9:32 am CDT | by Josh Erickson 1 Comment

The Oilers have signed forward Mike Hoffman to a professional tryout, the team said Wednesday.

Hoffman, 34, will look to get his feet back under him in Edmonton after a trying 2023-24 campaign. Entering the final season of a three-year, $13.5MM deal he signed with the Canadiens in 2021, Montreal moved him to the Sharks in August as part of the massive three-team trade that sent Erik Karlsson to the Penguins.

In San Jose, Hoffman had his worst season since establishing himself as a full-time NHLer with the Senators in the 2014-15 campaign. Making 66 appearances, his 10 goals, 13 assists, 23 points, 71 shots on goal, and 13:44 ATOI were all his lowest in a full NHL season.

Hoffman was once a prolific top-six scoring winger, hitting the 20-goal mark in six straight seasons with the Sens and Panthers from 2014-15 to 2019-20. But his production dipped once the pandemic hit, and he hasn’t recorded more than 20 goals or 40 points in a season since.

He does bring 228 goals, 487 points, and 745 games of NHL experience to Oilers camp, though. He may be a higher-upside bottom-six option on the wing than Mattias Janmark or Vasily Podkolzin, but for a team already ripe with veteran scoring wingers, Hoffman will need to prove he’s more than just a redundancy for players like UFA additions Viktor Arvidsson and Jeff Skinner in order to earn a contract.

The Oilers have $945K in projected cap space with one open roster spot, per PuckPedia. They also have depth defenseman Travis Dermott in camp on a PTO, so one tryout being successful likely precludes the other one from resulting in a deal.

Edmonton Oilers| Newsstand| Transactions Mike Hoffman

1 comment

Multiple Sharks Players Shut Down For The Season

April 16, 2024 at 4:40 pm CDT | by Brennan McClain 10 Comments

In an article from Curtis Pashelka of The Mercury News, multiple members of the San Jose Sharks did not travel with the team for their current road trip to Western Canada, officially ending their season with the organization. Pashelka notes that Kevin Labanc, Mike Hoffman, Filip Zadina, Alexander Barabanov, Jacob MacDonald, Jan Rutta, and Mackenzie Blackwood will not suit up for the team’s final game against the Calgary Flames, and may have played their last games in San Jose.

Of the seven players listed, four will go to unrestricted free agency, one will go to restricted free agency, and two are signed into next year. Realistically, Labanc, Hoffman, and Barabanov will all head towards greener pastures, while the team may opt to keep MacDonald as a depth piece for the 2024-25 NHL season.

Even though Zadina will become a potential non-tender candidate this offseason, he may not find any interest outside of the Bay Area. Producing moderately well with 13 goals and 23 points in 72 games for the Sharks this season, Zadina’s defensive metrics from this year may be too ghastly for other teams to overlook, indicating that if he does play outside of San Jose, it will likely be in the AHL.

After acquiring Devin Cooley and Vitek Vanecek at this year’s trade deadline, Blackwood could be an interesting trade candidate this summer. In 41 starts for the Sharks this season, Blackwood has produced a 10-25-4 record, with 24 of those measuring as Quality Starts according to Hockey Reference. Certainly not playing himself into a starting role with his efforts this year, Blackwood could become a serviceable backup option for a contending team next year.

Nevertheless, it is not necessarily a negative that most of these players will be moving out of San Jose this offseason. With the Sharks hitting rock bottom over the past two years, it is now time to thin out a very saturated roster as much as possible to create space and playing time for San Jose’s up-and-coming prospects.

San Jose Sharks Alexander Barabanov| Filip Zadina| Jacob MacDonald| Jan Rutta| Kevin Labanc| MacKenzie Blackwood| Mike Hoffman

10 comments

Pacific Notes: Pietrangelo, Hoffman, Emberson, Gibson, Stalock, Evans

March 25, 2024 at 3:38 pm CDT | by Josh Erickson 1 Comment

Golden Knights defenseman Alex Pietrangelo indeed did not travel with the team to kick off their road trip and is out tonight against the Blues due to illness, Lou Korac of NHL.com relays. The 34-year-old has already missed three games with the illness, last factoring into the lineup on March 17 against the Devils. It’s his second multi-game absence of the campaign – he missed five games with an upper-body injury back in October. The seven-year, $61.6MM deal he signed in free agency in 2020 continues to age relatively well as it crosses the halfway point. He’s again logging number-one minutes, averaging 23:38 per game. He’s not the highest-producing Golden Knights defender – Noah Hanifin and Shea Theodore have him beaten in that regard – but he’s still managed 32 points in 62 games this year. The two-time Stanley Cup champion will be replaced by Nicolas Hague on the team’s top pairing alongside Hanifin in what is perhaps Vegas’ biggest game of the season tonight in St. Louis against their biggest threat for a playoff spot.

Other updates from the Pacific Division:

  • Sharks winger Mike Hoffman has been listed as day-to-day with an upper-body injury since March 9 against Ottawa, which the winger confirmed Sunday to Colby Guy of San Jose Hockey Now was the first concussion of his career. Hoffman has been a full participant in practice in recent days but hasn’t yet been cleared for game action. The former top-six fixture has continued to regress after potting six straight 20-goal seasons between 2015 and 2020, posting 10-12–22 in 61 games with the Sharks this year in mainly third-line minutes. The 34-year-old is in the final season of a three-year, $13.5MM deal signed with the Canadiens in 2021 and found his way to San Jose in last offseason’s Erik Karlsson three-way swap with the Penguins.
  • Sticking in the Bay Area, promising shutdown prospect Ty Emberson’s season is likely over due to a lower-body injury, head coach David Quinn said Monday (via Sheng Peng of San Jose Hockey Now). The 23-year-old has missed over 20 games already this season with different injuries and hasn’t played since Feb. 29 against the Ducks. It’s a tough end to an otherwise promising rookie campaign, as Emberson logged 10 points in 30 games and will finish the season with a team-high -4 rating among skaters with at least 10 games played. The 2018 third-round pick of the Coyotes is on his third NHL organization after being dealt to the Rangers in July 2022 and being claimed off waivers by the Sharks to begin the 2023-24 season.
  • The Ducks have starter John Gibson back at practice today after he missed Sunday’s loss to the Lightning for personal reasons, Derek Lee of The Sporting Tribune reports. As such, the team has returned veteran Alex Stalock to AHL San Diego after he backed up Lukáš Dostál last night. Gibson’s numbers have taken a tumble lately after putting together a solid season prior to the All-Star break, now down to a .891 SV% and 3.40 GAA on the season with a 13-24-2 record. He’s also at risk of failing to record a shutout in a season for the first time in his 11-year career. He hasn’t posted a SV% above .900 in a single outing in over a month.
  • The Kraken lost big-time last night, 5-1 to the Canadiens, but that wasn’t the only downside of the game. Promising rookie blue-liner Ryker Evans sustained a lower-body injury in the first period and is out on a day-to-day basis, head coach Dave Hakstol told Scott Malone of ROOT Sports NW. The 22-year-old has formed one of the better depth pairings in the league this year when used with veteran Brian Dumoulin, as they’ve controlled 61.4% of expected goals through 142 minutes of action, according to MoneyPuck. That’s 10th in the league among pairings with at least 100 minutes together this season. Through 25 contests, Evans has eight points while logging 18:30 per game and has remained on the roster since being called up on deadline day.

Anaheim Ducks| Injury| San Jose Sharks| Seattle Kraken| Transactions| Vegas Golden Knights Alex Pietrangelo| Alex Stalock| John Gibson| Mike Hoffman| Ryker Evans| Ty Emberson

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Injury Updates: Zegras, Lindgren, Trouba, Hoffman, Desharnais

March 23, 2024 at 2:59 pm CDT | by Brian La Rose 2 Comments

Ducks center Trevor Zegras is listed as a game-time decision for their game tomorrow against Tampa Bay, reports Derek Lee of The Sporting Tribune (Twitter link).  The 23-year-old has missed more than two months with an ankle injury, his second extended absence after missing 20 games earlier in the year with a lower-body issue.  In between, Zegras has struggled offensively, notching just four goals and seven assists in the 20 games he has been able to suit up for which fueled trade speculation leading into the trade deadline.  With Mason McTavish and Leo Carlsson locked in down the middle, it wouldn’t be surprising to see Anaheim deploy Zegras on the wing when he’s cleared to return.

Other injury news from around the NHL:

  • Rangers defenseman Ryan Lindgren has begun skating as he works his way back from a lower-body injury, relays Vince Z. Mercogliano of USA Today (Twitter link). He has been out for a week but is still a few weeks away from returning.  Meanwhile, Mercogliano adds that blueliner Jacob Trouba (lower body) is likely closer to getting back into the lineup.  That said, head coach Peter Laviolette suggested that the captain is likely another week or more away from being able to suit up.  New York is in a tight battle with Carolina for the top spot in the Metropolitan but they’ll be waiting a little while longer to get one of their blueliners back.
  • Sharks winger Mike Hoffman is nearing a return from his upper-body injury but won’t play tonight against Chicago, head coach David Quinn told reporters including Max Miller of The Hockey News. The 34-year-old has missed the last two weeks with the injury which he revealed is a concussion.  It has been a tough year for Hoffman who has been limited to just 10 goals and 12 assists through 61 games so far, hardly the type of platform year he was hoping to have as he gets set to hit the open market in July.
  • Oilers defenseman Vincent Desharnais will return to the lineup tonight against Toronto, notes Sportsnet’s Elliotte Friedman (Twitter link). The 27-year-old suffered a hand injury last weekend against Colorado.  Desharnais is in his first season of full-time NHL duty and has nine points along with 96 blocks and 104 hits in 63 games so far this season.

Anaheim Ducks| Edmonton Oilers| New York Rangers| San Jose Sharks Jacob Trouba| Mike Hoffman| Ryan Lindgren| Trevor Zegras| Vincent Desharnais

2 comments

What Your Team Is Thankful For: Montreal Canadiens

December 19, 2023 at 9:53 pm CDT | by Josh Cybulski 8 Comments

As the holiday season approaches, PHR will be taking a look at what teams are thankful for in 2023-24. There also might be a few things your team would like down the road. We’ll examine what’s gone well in the early going and what could improve as the season rolls on for the Montreal Canadiens.

Who are the Canadiens thankful for?

Mike Matheson

Mike Matheson has had a tale of two careers.

He was good in his first few seasons in the NHL with the Florida Panthers, showcasing his terrific skating and his ability to carry the puck out of the defensive zone. But shortly after signing an eight-year extension the warts in his game began to show and he became a lightning rod for criticism in the Sunshine State.

It wasn’t long after that Matheson was dealt to the Pittsburgh Penguins along with Colton Sceviour for Patric Hornqvist. Matheson was able to rehabilitate his game and looked like a good fit with the Penguins long-term. However, Penguins general manager Ron Hextall inexplicably wanted to change up the Penguins’ defense and in one day bulldozed his defense core by trading John Marino to New Jersey and Matheson to the Canadiens. Both trades have been a disaster for the Penguins, but the Matheson one stings for several reasons.

Since coming over to Montreal, the 29-year-old Matheson has dressed in 79 games, during that time he has 13 goals and 42 assists and has averaged almost 25 minutes a night in ice-time. He has been a catalyst for the Canadiens offense, and a mentor to many of Montreal’s young defensemen.

Although he has dealt with some injury issues, Matheson has been a driving force for the Canadiens and one that should continue to be an important piece for them in the coming seasons.

What are the Canadiens thankful for?

The Jeff Petry trades.

The Pittsburgh Penguins and Montreal Canadiens made a trade back in July 2022 that sent defenseman Matheson to Pittsburgh in exchange for veteran defenseman Petry and Ryan Poehling. It was a questionable trade at the time for the Penguins as they were giving up a much younger defenseman for a 36-year-old defender with an inflated cap hit. A year after the deal, it’s safe to say that the trade was an absolute heist by the Canadiens. Jeff Petry has been traded twice since the original trade and Poehling was non-tendered and signed with the Philadelphia Flyers.

Petry was traded by the Penguins to the Canadiens this past August in a move that Pittsburgh had to make to facilitate the Erik Karlsson trade. The Penguins traded Petry, goalie Casey DeSmith, forward Nathan Legare and a 2025 second-round pick in exchange for Mike Hoffman and Rem Pitlick. Hoffman was then moved to the Sharks and Pitlick has toiled in the AHL.

The trade was a great move for Montreal to acquire two futures while unloading two bad contracts. But they weren’t done yet. The Canadiens then traded Petry to the Detroit Red Wings for little-used defenseman Gustav Lindstrom and a conditional fourth-round draft pick in 2025. Finally, Montreal was able to complete the trade tree by shipping DeSmith to the Vancouver Canucks for Tanner Pearson and a 2025 third-round pick.

When all was said and done, the Canadiens were able to turn Pitlick, Hoffman, and a retained salary on Petry into Legare, Pearson, Lindstrom, and three 2025 draft picks. It was a creative move by Montreal, that will help them continue to build up their farm system or allow them to acquire additional players should they be more of a contending team in 2025.

What would the Canadiens be even more thankful for?

A Josh Anderson resurgence.

Many critics panned the Canadiens’ trade for Anderson back in October 2020 and for good reason, the trade was followed by the announcement of a seven-year $38.5MM extension that seemed like a massive overpay. In hindsight, it probably was, given that Anderson is carrying a $5.5MM cap hit and hasn’t come close to the 47 points he put up during the 2018-19 season. Since joining Montreal, Anderson has topped out at 32 points (twice), but he did have 40 goals over the two seasons before the start of the 2023-24 season.

This year has seen Anderson struggle more than he has in previous seasons. Through 31 games, the 29-year-old has just four goals and five assists and has been a drag on almost everyone he has played with this season. It’s been a frustrating season for the Burlington, Ontario native, one that he has acknowledged publicly. Just two nights ago, Anderson had an incredible game against the New York Islanders in which he scored two goals and was named the first star of the game. Afterwards, during a post-game interview, Anderson was serenaded by the Canadiens faithful and seemed genuinely humbled by the applause. With any luck, Anderson can use the game to catapult himself back to the heights he experienced when he put up 27 goals with the Columbus Blue Jackets five years ago.

If he can get back to his game, it could go a long way to the Canadiens making an unlikely push for a playoff spot in the ultra-competitive Eastern Conference.

What should be on the Canadiens holiday wish list?

A goal-scoring forward.

The Canadiens forwards need to score more as they rank near the bottom of the NHL in goals and are currently on pace to not have a single 25-goal scorer. Cole Caufield and Nick Suzuki both registered 26 goals last year but have just eight each thus far through 31 games, while Sean Monahan and Brendan Gallagher are far removed from the back-to-back 30-goal seasons, they each enjoyed from 2017-2019.

The Canadiens need a game-breaker, which is much easier said than done. Most teams are looking for this type of scorer and they are almost impossible to acquire in today’s NHL. The Canadiens do have a surplus of young defensemen they could choose to trade from, but they would need to find a trading partner that is interested in trading away one of the most coveted pieces in today’s NHL.

The Canadiens have been patient with their rebuild and have made some savvy moves to acquire good young prospects and defensive depth. At some point in the near future, they are going to have to take a risk on an offensively gifted forward. Whether that happens via trade or free agency remains to be seen but they will need to acquire a forward that can put the puck in the net.

Montreal Canadiens| Pro Hockey Rumors Originals| Thankful Series 2023-24 Casey DeSmith| Colton Sceviour| Erik Karlsson| Free Agency| Gustav Lindstrom| Jeff Petry| John Marino| Josh Anderson| Mike Hoffman| Mike Matheson| Nathan Legare| Nick Suzuki| Patric Hornqvist| Rem Pitlick| Ryan Poehling| Sean Monahan| Tanner Pearson

8 comments

Pacific Notes: Spence, Hoffman, Markstrom, Golden Knights

December 14, 2023 at 6:54 pm CDT | by Brian La Rose Leave a Comment

Kings defenseman Jordan Spence has changed agents and is now represented by Quartexx, PuckPedia reports (Twitter link).  The 22-year-old is in his first full season at the NHL level, appearing in all but one of 26 games for Los Angeles so far.  A prominent point producer in the minors with 87 points in 102 games with AHL Ontario, Spence has had a bit of a harder go hitting the scoreboard in the NHL although he does have nine assists while averaging just shy of 15 minutes a night.  Spence is set to become a restricted free agent for the first time this summer and will be owed a qualifying offer worth a little over $813K.

More from the Pacific Division:

  • Postmedia’s Bruce Garrioch suggests Sharks winger Mike Hoffman could be a name to keep an eye on when it comes to the trade front. After getting off to a slow start, the 34-year-old is up to eight goals in 28 games, just one off the team lead.  A pending UFA with a $4.5MM cap hit, the asking price for Hoffman likely won’t be very high but he could be a useful addition to a team looking to add a bit of firepower to their bottom six.
  • Flames goaltender Jacob Markstrom practiced on Wednesday with their AHL affiliate, relays Postmedia’s Wes Gilbertson. The 33-year-old has been out for the last week and a half with a finger injury but Gilbertson pointed out that Markstrom didn’t seem to be limited at all which suggests the netminder could be nearing a return.  Calgary has a full roster at the moment although that can easily be addressed by returning top prospect Dustin Wolf back to the Wranglers.
  • Golden Knights goaltender Adin Hill is expected to accompany the team on their road trip next week, notes Danny Webster of the Las Vegas Sun (Twitter link). The 27-year-old has missed the last week and a half with a lower-body injury after getting off to a stellar start; he leads the NHL in GAA (1.87) and SV% (.935) over his first 14 starts.  Meanwhile, Webster adds that defenseman Kaedan Korczak will miss some time due to a lower-body injury of his own.  Korczak has a goal and six assists in 15 games with Vegas so far this season.

Calgary Flames| Los Angeles Kings| San Jose Sharks| Vegas Golden Knights Adin Hill| Jacob Markstrom| Jordan Spence| Kaedan Korczak| Mike Hoffman

0 comments

Injury Notes: Couturier, Barabanov, Golden Knights, Hoffman, Knyzhov

November 7, 2023 at 2:50 pm CDT | by Brennan McClain 4 Comments

Philadelphia Flyers center Sean Couturier, who has not played in either of the team’s last two games, will return tonight against the San Jose Sharks, according to Kevin Kurz of The Athletic. It will be an important reinforcement for the Flyers who are currently on a 1-4-0 stretch in their last five games.

After missing the entire 2022-23 regular season due to injury, Couturier has picked up right where he left off in Philadelphia. In 10 games played up to this point, he has scored two goals and six assists, tied for fifth on the team in scoring. Still maintaining a positive faceoff percentage, as well as solid possession numbers, Couturier is still a player the Flyers can trust with heavy usage.

Unfortunately, when one player returns from injury, another player must exit the lineup, and Kurz also reports that Morgan Frost will be a healthy scratch for the game tonight. Trying desperately to earn more minutes for Philadelphia, Frost has played in six games so far, scoring zero points after averaging over 15 minutes of ice time per night.

Other notes:

  • Max Miller of The Hockey News reports there is still no timeline for the return of Sharks winger, Alexander Barabanov, but he is progressing nicely from injury. Barbanov has been out of the lineup with a finger injury since the team’s game against the Florida Panthers on October 24th. After finishing fifth on the team in scoring last season, Barabanov is one of six members of San Jose’s forward core that has not scored a point yet this year.
  • As he is rehabbing his way back from injury, Vegas Golden Knights’ defenseman, Zach Whitecloud, was practicing with the team today in a non-contact jersey (X Link). Other notable pieces missing from today’s practice were Nicolas Roy, Nicolas Hague, Alec Martinez, and Chandler Stephenson. For the last three mentioned, it is likely that they were merely taking maintenance days, as no injury concern was alluded to in the report.
  • Back to the Sharks, Max Miller also mentioned that Mike Hoffman and Nikolai Knyzhov were late additions to today’s practice, meaning they may be out of the lineup tonight against the Flyers. Both players were present during the team’s blowout loss to the Pittsburgh Penguins on Saturday night.

Injury| Philadelphia Flyers| San Jose Sharks| Vegas Golden Knights Alexander Barabanov| Mike Hoffman| Nikolai Knyzhov| Sean Couturier| Zach Whitecloud

4 comments

Sharks Best Positioned To Win First Overall Pick

September 12, 2023 at 9:14 pm CDT | by Josh Cybulski 7 Comments

Harman Dayal of The Athletic writes that the San Jose Sharks are the team that is best positioned to win the draft lottery in 2024 and ultimately the first overall pick. Dayal ranked the top five teams with the best chance to do so, and in his estimation, he believes that the Chicago Blackhawks will have the second-best odds, the Philadelphia Flyers third, Anaheim Ducks fourth, and the Montreal Canadiens rounding out the top 5.

Given the offseason that the Sharks have had, the rankings are hardly a surprise. The Sharks dealt the reigning Norris Trophy winner Erik Karlsson to the Pittsburgh Penguins for a lot of bad roster players and several draft picks. The move to embrace a full rebuild was the correct one given where the Sharks are in their roster construction, but it is going to lead to a lot of lean years and in Dayal’s view this one could be the toughest.

After subtracting Karlsson, the Sharks added Mikael Granlund, Mike Hoffman, Jan Rutta, Filip Zadina, and Anthony Duclair. While several of those players still have something to offer a team, none of them appear likely to be with the Sharks long-term and most of the players will be asked to play this season in a roster spot that doesn’t match their current skillset. Take Rutta for example, he was a terrific sixth defenseman on the Stanley Cup winning Tampa Bay Lightning squads but struggled last season in Pittsburgh when he was asked to play in the top-4 in the absence of Kris Letang and Jeff Petry. Rutta was exposed as a liability on most nights in that role, and this year will be asked to play on San Jose’s top defensive pairing. It’s going to be a tough year for the Sharks’ defense as they likely don’t have a single defenseman on their roster that could play in the top-4 of a playoff team.

Zadina is also going to be asked to play a role that doesn’t match his skillset as he is currently pencilled in to play in the Sharks top line. He had trouble finding minutes in Detroit and was a healthy scratch at times. Now he will be asked to dress against opponents’ top units, which might make for a tough year for the 23-year-old who is trying to rebuild his stock after struggling with the Red Wings.

Outside of Duclair, every player the Sharks acquired this offseason was a lightning rod for criticism with their former clubs. Granlund in Pittsburgh was the move that probably got Ron Hextall fired as he didn’t mix with the Penguins, Hoffman wore out his welcome in Montreal and didn’t provide much besides a shot. Dayal is predicting that all these ingredients will be a recipe for disaster in San Jose, but it could also be the shot in the arm that their rebuild needs if they are in fact able to win the draft lottery and secure the first overall pick in 2024.

San Jose Sharks Anthony Duclair| Erik Karlsson| Filip Zadina| Jan Rutta| Jeff Petry| Kris Letang| Mikael Granlund| Mike Hoffman

7 comments

Pittsburgh Penguins Acquire Erik Karlsson In Three-Team Deal

August 6, 2023 at 10:30 am CDT | by Josh Erickson 144 Comments

The Erik Karlsson trade saga is finally over. The Pittsburgh Penguins have acquired the 2023 Norris Trophy winner from the San Jose Sharks, according to Daily Faceoff’s Frank Seravalli. Sportsnet’s Elliotte Friedman reports the Montreal Canadiens are involved in the trade to aid in salary considerations. Pittsburgh later officially announced the massive deal, which includes 12 parts and breaks down as follows:

PIT receives: D Erik Karlsson, F Rem Pitlick, F Dillion Hamaliuk, 2026 third-round pick (SJS)
SJS receives: 2024 first-round pick (PIT, top-ten protected), F Mikael Granlund, D Jan Rutta, F Mike Hoffman
MTL receives:
2025 second-round pick (PIT), D Jeff Petry, G Casey DeSmith, F Nathan Legare

San Jose is retaining $1.5MM of Karlsson’s $11.5MM cap hit through 2026-27. Montreal is retaining no salary on Karlsson in this trade, meaning the Penguins have Karlsson at a massive $10MM cap hit for four more seasons. Pittsburgh also retains $1.5625MM, or 25%, of Petry’s cap hit. Montreal will have him at a cap hit of $4.6875MM through 2025.

Sportsnet’s Eric Engels also believes Montreal is not Petry’s final destination. The Canadiens are likely to flip their former number-one defenseman before next season starts, potentially retaining up to 50 percent on his already reduced cap hit, making him cost just $2.34MM against the cap for his new team.

Pittsburgh has a net cap hit loss of $3.1MM in this trade, per CapFriendly. By doing so, they’ll likely be able to activate Jake Guentzel and his $6MM cap hit from LTIR when he’s ready to return to the ice in November without making any corresponding moves. CapFriendly projected Pittsburgh with $2.75MM in cap space, with Guentzel on LTIR to start the season.

Karlsson, 33, ended an up-and-down five-year stint with the Sharks on a high note. Despite playing on a bottom-five team in the league, Karlsson’s 101 points in 82 games were the most from a defenseman in a single season since Brian Leetch in 1991-92. Once viewed as the best defenseman in the NHL during his time with the Ottawa Senators in the mid-2010s, the Sharks acquired him in a blockbuster deal in 2018 and later extended him on a massive eight-year, $92MM contract, giving him the highest cap hit in the league among defensemen.

However, it was a decision that failed to pan out the way San Jose envisioned, as Karlsson struggled with injuries during most of his time in California. To make matters worse, the team around him also crumbled as the Sharks fell out of yearly playoff contention for the first time this millennium.

Pittsburgh hopes Karlsson’s turnaround last season has given him renewed confidence heading into the latter half of his contract – assuming his recent injury history doesn’t come back to bite him. 2022-23 was the first time Karlsson had played in 70-plus games since 2017-18, his last season with the Senators.

Many will be concerned with Karlsson’s defensive misgivings, but some slightly reduced ice time in Pittsburgh should lessen his negative impact on the team’s goals-against total. Likely to slot in on the team’s second pairing behind Kris Letang, Karlsson should be paired with either Marcus Pettersson or free-agent acquisition Ryan Graves on the left side, both players with strong defensive reputations. Advanced metrics peg Pettersson near the top of the league in terms of his individual even strength defensive impact.

Pitlick could be an under-the-radar add for Pittsburgh in this deal from Montreal. While he’s far from being a long-term fixture, he is on the younger side (in Pittsburgh, at least) at 26 years old and will add some higher-upside depth scoring to a Penguins lineup that needs it, especially with Guentzel on the shelf to start the year. In 2021-22, Pitlick notched 15 goals, 22 assists and 37 points in 66 games split between the Canadiens and Minnesota Wild. He’s struggled to develop an all-around game at the NHL level, though, and he’s more of a finishing and playmaking specialist than anything else. His overall play-driving impacts are poor, and it led to Montreal stashing him in the minors for a fair bit of last season. There, he registered 22 points in 18 games with the AHL’s Laval Rocket.

Hamaliuk, 22, once had a fair bit of upside – after all, San Jose thought he warranted a second-round selection in the 2019 NHL Draft. Injuries and middling performance since turning pro have wiped out nearly all of his stock, though. He played in just six games last season, all in the ECHL with the Wichita Thunder, although he did look good in limited action with seven points. The Penguins will likely watch him closely in the minors with the AHL’s Wilkes-Barre/Scranton Penguins next season to see if he can recapture some of his former potential.

For the Sharks, trading Karlsson while only retaining $1.5MM is a solid bit of work for general manager Mike Grier. However, the return is rather underwhelming – a likely mid-first-round pick and a trio of depth NHL assets that won’t amount to much value for a rebuilding team. They’ve essentially taken on two bad contracts and a depth defender to rid themselves of long-term financial pain, as despite his elite skill, Karlsson absolutely did not factor into the franchise’s long-term plans post-rebuild.

The trade does provide a fresh start for Granlund, a former top-six fixture who struggled mightily after heading to the Penguins from the Nashville Predators at last year’s trade deadline (just five points in 21 games). He is just one campaign removed from a 64-point season, however, and although his possession metrics are quite poor, he does still carry a fair amount of raw skill that could see him once again elevate into a top-six role on a weak Sharks team, potentially playing alongside Alexander Barabanov and Logan Couture. With two seasons left at a $5MM cap hit, the Sharks could look to flip him at the 2024 trade deadline if he has a strong season, likely with significant salary retention. However, as CapFriendly notes, San Jose has just one of their three salary retention slots remaining for the next two seasons after also retaining salary on Brent Burns when they traded him to the Carolina Hurricanes last summer. In total, the Sharks are left with $7.745MM in dead cap space this year after the two salary retentions, plus the buyouts of goalie Martin Jones and forward Rudolfs Balcers.

Rutta is under contract at $2.75MM for two more seasons, and he’ll likely give the Sharks a fair amount of value. The two-time Stanley Cup champion with the Tampa Bay Lightning could very well step into a top-four role for the Sharks, who will likely roll three pairings by committee this season in the absence of a clear number-one defender. Rutta recorded nine points in 56 games for the Penguins last season, his only season in the Steel City while averaging 17:07 of ice time per game. Pittsburgh signed the 33-year-old to a three-year, $8.25MM contract in free agency last summer.

Clearing Hoffman’s $4.5MM cap hit for this season off the books is a solid bit of business for the Canadiens, who were rumored to be considering waiving Hoffman ahead of next season and assigning him to the AHL’s Laval Rocket. There’s no guarantee he’ll be able to escape the same fate with San Jose, however. The Sharks will undoubtedly prioritize roster spots for younger wingers like William Eklund, Filip Zadina and Fabian Zetterlund, leaving Hoffman without a clear place among the Sharks’ top 12 forwards. Now 33, Hoffman did manage 14 goals and 34 points in 67 games for Montreal last year, but he ranks among the worst play-driving forwards in the league and is solely a power-play specialist at this stage in his career. Some will remember this is technically Hoffman’s second stint as a member of the Sharks organization – San Jose acquired him from Ottawa for a few hours in 2018 before flipping him to the Florida Panthers.

Now, moving on to Montreal, who became an unexpected major player in this deal. Petry may not remain with his former team, as mentioned earlier, and DeSmith may not either. He’s a puzzling addition for a team that already has Sam Montembeault and Jake Allen manning the crease, although Pittsburgh did need to move out a goalie after signing Alex Nedeljkovic in free agency, giving them three NHL goalies on their roster. However, Montreal now faces the same predicament, and DeSmith is unlikely to supersede Allen or Montembeault on the team’s depth chart. If they don’t flip him to another team looking for a backup netminder, DeSmith could be waived to start the season and end up with Laval. He started a career-high 33 games for Pittsburgh last season, and the 31-year-old recorded a 15-16-4 record, .905 save percentage, and no shutouts.

Legare is a depth addition who will suit up for Laval next season. The 22-year-old third-round pick of the Penguins in 2019 is still finding his footing in the minors. Last season, he posted eight goals, 11 assists and 19 points in 68 games with AHL Wilkes-Barre/Scranton.

Photo courtesy of USA Today Sports Images.

Montreal Canadiens| Newsstand| Pittsburgh Penguins| San Jose Sharks| Transactions Casey DeSmith| Dillon Hamaliuk| Erik Karlsson| Jan Rutta| Jeff Petry| Mikael Granlund| Mike Hoffman| Nathan Legare| Rem Pitlick

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