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Performance Bonuses Still A Consideration For Maple Leafs

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The Toronto Maple Leafs are one of the teams in the league who are almost always right up against the salary cap ceiling. With their tremendous financial backing from corporate ownership, and a rabid fan base that is hard to scare away with even the most futile rosters, they use their situation to get every advantage possible. With that in mind, they’ve previously completed moves that a less wealthy team would just not be able to—moving David Clarkson (who was healthy but ineffective at the time) for the injured Nathan Horton for instance.

Auston MatthewsLast year brought the next wave of Maple Leafs stars, with rookies like Auston Matthews, Mitch Marner, William Nylander, Connor Brown and Nikita Zaitsev all finding great success as freshmen. While all of them were on inexpensive entry-level contracts, their excellent play earned them all hefty performance bonuses. Leading the way was Matthews, who earned $2.85MM thanks to his 40-goal performance. Chris Johnston of Sportsnet broke down the bonuses for the Maple Leafs, which totaled a whopping $5.37MM on the year, the second most of all-time.

Because the Maple Leafs were using long-term injured reserve (from the aforementioned Horton along with a few others) last season and were above the salary cap ceiling, that entire bonus pool of $5.37MM was applied to this year’s salary cap as an overage. That hurts their ability to manipulate the cap, but not nearly as much as it could in the future.

The Maple Leafs are still in relative safety when it comes to the cap, with their stars still vastly underpaid and a pair of long-term injuries to use as a cushion of sorts. They were able to use some of that room to bring in Patrick Marleau and Ron Hainsey to augment the roster, while seeing almost their entire core return from last year. The problem arises when these entry-level contracts start to expire.

Much has been written over the past year on the Maple Leafs impending contract negotiations with Matthews, Nylander and Marner, but little of it has concerned the impact bonuses could still have. With the team again over the cap and using LTIR, any bonuses earned will again be carried over. With the roster they’re currently carrying, there is the possibility for up to $6.25MM in bonuses, though it doesn’t look early like they’ll have to pay the maximum.

Matthews, with his explosive start looks like a good bet to max out at $2.85MM, though he’d have to finish in the top-10 in goals once again. He’s currently tied for fourth, though obviously it is still early. Nylander and Marner each could earn up to $850K again.

Calle RosenThe two wildcards are Swedish defenders Andreas Borgman and Calle Rosen. The pair have rotated in and out of the lineup early on, and are generally limited to the bottom pairing. If that changes because of injury, or they show improved ability and force head coach Mike Babcock into giving them more minutes they too could each earn up to $850K.

While performance bonuses are never exactly a bad thing—they do after all reward success—the Maple Leafs don’t want to have to deal with overages as they head into the next contracts for their big three. Though right now they project to have over $26MM in cap space for next season, that’s not including Nylander’s new deal or possible new contracts for James van Riemsdyk, Tyler Bozak or Leo Komarov. Hacking 20% off that amount with another $5MM bonus penalty will certainly hurt their ability to re-sign the pending unrestricted free agents, and push them even closer to the 2018-19 cap ceiling where they really need to be careful.

Obviously, the Maple Leafs are quite a distance away from being locked into any cap situation. But they have to be considering how to manage the cap for the 2019-20 season when the rest of the big three (Matthews and Marner) move onto their next contracts. That’s not even considering a Jake Gardiner extension, as he’s headed for UFA status in the summer of 2019 as well. When the Maple Leafs are spending next offseason, don’t be surprised if they leave themselves a little bit of extra room to avoid an overage. If not, they could be putting themselves in a very tricky situation.

Photos courtesy of USA Today Sports Images

Snapshots: Three Stars, Marner, Hill

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The NHL released its “Three Stars of the Week” today, and after Alex Ovechkin was #1 a week ago, Nikolaj Ehlers takes home the title this time around. Ehlers scored five goals and two assists in just three games, including sending Jets fans home happy with two game-winners. The 21-year old Dane is looking even better than last year when he broke out with 64 points, and more than deserved of the seven-year, $42MM extension he signed earlier this month.

Auston Matthews and Nicklas Backstrom rounded out the three stars, after impressive performances of their own. Backstrom is currently tied for the NHL lead in points with 11, including six on the powerplay already. With Ovechkin looking determined to get back to the 50-goal club this year, Backstrom will certainly continue to rack up points. Speaking of offense, Matthews’ four-goal week included a few highlight reel tallies as the 20-year old Maple Leafs forward continues to show off his incredible skill set. The Maple Leafs wouldn’t be sitting at 4-1 without his two overtime winners.

  • Speaking of the 4-1 Maple Leafs, head coach Mike Babcock tinkered with the lines today in practice. According to Chris Johnston of Sportsnet, Babcock had Mitch Marner practicing on the fourth line with Matt Martin and Dominic Moore. Connor Brown was the recipient of a promotion, moving up into Marner’s spot alongside Tyler Bozak. Though Maple Leafs’ Twitter immediately went into panic mode, but Babcock gave a quick explanation to reporters including Kristen Shilton of TSN: “Let’s not read too much into this. Their line wasn’t going. Tie goes to the veteran.” That veteran would be James van Riemsdyk on the other wing, who continues to struggle in the defensive zone despite his six points in five games.
  • The Arizona Coyotes have sent Marek Langhamer to the AHL and recalled Adin Hill. The goalie swap comes after a 22-save shutout by Hill for the Tucson Roadrunners on Saturday night, and could be a move just to get both goalies some work. Langhamer hadn’t suited up for a game yet in the NHL, and the team likely wants him to stay fresh during the season. We saw a similar situation last year in Columbus after the Blue Jackets waived Curtis McElhinney. Anton Forsberg and Joonas Korpisalo flip-flopped constantly between the two leagues thanks to their waiver-exempt statuses, something the Coyotes could do as well. While Antti Raanta continues to nurse a lower-body injury, Louis Domingue looks to get the lion’s share of the work for the Coyotes.

Eastern Notes: Bozak Line, Bergeron, Anderson

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The Toronto Maple Leafs have scored 15 goals in just two games so far this season. It can be assumed that offense will not be an issue for this team with so much talent on the offensive end. And while that’s an incredible accomplishment and should not be overlooked, there are other things the team should worry about if they want to be a Stanley Cup favorite this year. The Athletic’s James Mirtle writes (subscription required) that what looks worrisome is how the team’s defense allowed the New York Rangers to come back from a 5-1 deficit and tie the game up in the second period, turning the game, albeit briefly, into a close game.

The scribe writes that the culprit seems to fall upon the Maple Leafs’ line of Mitch Marner, Tyler Bozak and James van Riemsdyk. The line, while a solid offensive force, struggles defending and is not a great two-way line. They were on the ice for all three second-period goals that allowed the Rangers to come back. In fact, what’s surprising is that line gets quite a bit of even-strength ice time, according to Mirtle as Bozak received more even-strength minutes than Nazem Kadri, who plays on a more balanced line.

The problem is that the Marner, Bozak and van Riemsdyk line needs a better defensive presence, but considering how well the offense is running, there are very few players who would make a better fit into that line besides, maybe Connor Brown and moving the young and talented Marner to the fourth line doesn’t make any sense either. Therefore, Mirtle suggests the team cut the even strength minutes to that line and emphasize them more during special teams play. We’ll see if that situation improves over the next few games.

  • Joe Haggerty of NBC Sports writes that Patrice Bergeron is not likely to be ready for Monday’s game against the Colorado Avalanche. The 32-year-old center wore a non-contact practice jersey at practice on Sunday and didn’t finish practice either. “He didn’t finish practice. He started it and took some line rushes, so he’s progressing,” said head coach Bruce Cassidy. “How far he’s progressed is something we’ll determine in the morning. We’ll make a decision then as well. We’ve got three of [the game-time decisions], but Torey Krug and Austin Czarnik look a little closer [to playing] than Bergeron. But I wouldn’t rule any of them in or out until [Monday].”
  • The Columbus Blue Jackets announced they have recalled Josh Anderson from his conditioning loan from the Cleveland Monsters where he played one game with no points. The 23-year-old wing just signed a three-year, $5.5MM extension with Columbus last week and was just getting back into shape. He will join the team for their game against the Carolina Hurricanes on Tuesday. Anderson scored 17 goals in a breakout season a year ago.

Eastern Notes: Toronto’s Defense, Prospects, Butcher

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The Toronto Maple Leafs have received plenty of attention this offseason with their moves, including the surprising signing of San Jose veteran Patrick Marleau to a three-year deal. Add Marleau to the young cast of offensive weapons the team already has like Auston Matthews, Nazem Kadri, James van Riemsdyk, William Nylander and Mitch Marner, the team has hopes of making a run towards a Stanley Cup Finals this season.

However, Steve Simmons of the Toronto Sun is quick to point out that the Maple Leafs need to emphasize defense too. He writes that many people have forgotten that the team finished 22nd in goals against last year. Every team that finished behind them didn’t make the playoffs. And when you look at the moves the team made, very little of it was to help the defense. The team did sign 36-year-old Ron Hainsey, but how much will that help? He’s 36 years old.

Simmons writes that Toronto leadership knows the importance of defense. Coach Mike Babcock, who has won a Stanley Cup in 2008 with the Detroit Red Wings, had a team that was first in goals against that year. General Manager Lou Lamoriello won his last Stanley Cup with the New Jersey Devils in 2003, they were also first in goals against.

However, the team’s defense should be stronger. The team boasts a number of young, developing defensemen like Nikita Zaitsev, who is just 25 years old. Morgan Rielly is only 23 years old. Jake Gardiner is 27. Martin Marincin is 25 as well, while Connor Carrick is 23. That’s a young defense and maybe a major reason why the team brought Hainsey in. However, even with a year of development, how much better can this defense be?

  • With rookie camps just a week away for many teams, Fanrag’s Craig Morgan put together a detailed list of rookies who could make an impact on the team. While it has the usual candidates like Nico Hischier, Nolan Patrick and Clayton Keller, there are quite a few lesser known ones as well. Players like Washington’s Jakub Vrana, New York Islanders’ Ryan Pulock and Columbus’ Pierre-Luc Dubois are players rarely mentioned who could make an impact this year.
  • Sports Illustrated featured New Jersey Devils Will Butcher after he chose the Devils last weekend. Butcher claims he sees similarities in his game to three NHL players including Chicago’s Duncan Keith, Boston’s Torey Krug and New Jersey’s Andy Greene. ”If I was fortunate to make the big team, he would be a great mentor to me, just because he does everything,” Butcher said of Greene. ”He penalty kills, power play, all situations. He is a smart player, not necessarily the biggest guy, but he uses his abilities to defend well and play the game of hockey.”

Tavares To Toronto Highly Unlikely

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Although it seems to occur every time a high-profile free-agent could hit the market, Toronto media have once again conjured a dream of landing a superstar. John Tavares is experiencing major difficulty in coming to terms with the New York Islanders, primarily because of the uncertainty of their arena situation. The team needs to prove that they are both competitive and can secure a home for the foreseeable future. Enter Toronto, who believes that the contract negotiation difficulty automatically propels them into a top-3 competitor for Tavares’ services. If this story may sound familiar, that’s because it occurred just last off-season when Steven Stamkos was stalling his new deal with Tampa Bay.

Toronto inarguably is in a far superior negotiating position than they were in 2016. They’ve made the playoffs and took the Washington Capitals to their limits, and flaunt a young core who established itself as dominant quite before most believed possible. Given another season of success, the Leafs could be serious contenders for any UFA on the market. That said, a Tavares signing would be absurdly difficult and ultimately impractical for a multitude of reasons. The Leafs’ fanbase is already (rightfully) fretting over the difficulty of keeping Mitch Marner, Auston Matthews, and William Nylander together while staying under the cap ceiling. Each player will command hefty money on long-term deals, and the best case scenario (cap-wise) is that one of the three might have a “down” statistical year.

Even ignoring those future contracts, Toronto already made matters more complicated by signing Patrick Marleau to a 3-year contract worth $6.25 MM AAV. Assuming that the team keeps one or two of James van Riemsdyk, Leo Komarov, and Tyler Bozak (all UFAs in 2018), they will have precious room to devote to Tavares beyond 2018-19. After that point, Matthews and Marner will both be on new deals with heavy cap hits. Craig Button of TSN suggests that the Leafs could offer Tavares a one-year deal, but there is little to no security in such an arrangement. If the Islanders are unable to move Tavares or simply fall short of securing a new contract, Tavares will be likely seek a long-term arrangement. His primary stated concern at present is security, and a one-year contract elsewhere certainly doesn’t achieve said goal.

By signing Marleau, the writing for Toronto fans should have been clear and visible. Still, the Tavares hope persists. It’s not impossible that Tavares could sign a long-term contract in Toronto, but it would take a major roster overhaul to achieve. One of Marner or Nylander would necessarily need to depart, and the amount of money spent on the offense would only increase further. It seems likely that GM Lou Lamoriello will simply build upon the core that has been so successful without gutting the progress made. It would be unrealistic to expect Lamoriello to not at least inquire about Tavares if he indeed hits unrestricted free agency, but it would require a major organizational commitment without any real certainty in the matter. Tavares will receive a long-term contract, whether it is from New York or another franchise, but as of now the Leafs are not in a position to extend such an offer.

Penguins’ 3rd-Line Center Options

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With the loss of Nick Bonino to Nashville via free agency, the reigning champion Pittsburgh Penguins have a gaping hole down the middle. For the first time in over a decade, the center position is now one of relative weakness. It’s always a possibility that Matt Cullen decides to re-sign for one more year, but he will not be able to carry the load of a typical 3rd-line center. Cullen showed signs of slowing down toward the tail-end of the team’s playoff run, and he was only averaging 13:55 a game through the regular season. At 41 years old, he simply won’t be a viable long-term option. The Penguins likely have high hopes for Zach Aston-Reese to make a push in training camp, but he is an unknown quantity at the NHL level. GM Jim Rutherford had 5 potential trade options in the works prior to July 1st, according to the very reliable Josh Yohe of DKPittsburghSports. Talks either fizzled or were put on the back-burner, but one might imagine the number of available targets is far fewer now. With Dallas’ three-year signing of Radek Faksa, there is one fewer name left for consideration. Vegas seems to be content with merely flipping defensemen from here on in, although names such as Cody Eakin and William Karlsson shouldn’t be thrown out entirely. Erik Haula is likely a pipe-dream, but he’s another possible target. Matt Duchene was linked for a time, but between the high cost and the stubbornness of Colorado GM Joe Sakic to make a move, he seems incredibly unlikely.

Who are the safest bets for an off-season move? Or will Pittsburgh enter the season with someone unproven slotting behind Sidney Crosby and Evgeni Malkin?

Tyler Bozak

Bozak has made tons of sense since his name was first mentioned. A lot has been made of his relationship with Phil Kessel. When they played on a line together in Toronto, Kessel saw some of his best career production. More than that however – the Leafs are in a bit of cap pinch as they will look to free up dollars for Auston Matthews, Mitch Marner, and William Nylander in the next two seasons. They certainly aren’t in any hurry to drop underneath the ceiling due to LTIR intricacies, but moving out Bozak’s $4.2 MM for this next season would be a forward looking move. If he’s due a raise, it’s likely they’ll lose him for far less, as his contract expires at the end of 2017-18. The move makes sense for Pittsburgh because of the Kessel relationship, but also because he fits the mold of the Pittsburgh squad. He’s a solid skater, sees the ice well, and hustles back into his own zone. His playmaking abilities would be a wonderful fit on the cheap to aid the high-powered offense, and the player would be a positive possession asset to remove the stress from the bigger guns. Bozak does have a modified no-trade clause, but it’s hard to see Pittsburgh being included on his list of non-tradeable teams.

Jordan Staal

Staal saw a lot of success in Pittsburgh before he was traded away to Carolina at the 2012 draft. Jordan was traded to that team in particular due to his desire to player with his older brother Eric Staal. Seeing as Eric is no longer in the picture, it would make sense that Staal might be open to a Pittsburgh reunion. Staal is one of the better defensive centers in the league, and has been forced to take a more uncomfortably offensive role in Carolina. Staal’s biggest downside is that he isn’t the most agile skater, but he’s not any slower than Nick Bonino was. That said, he can play the shutdown role and be a total nuisance for top opponents. Rutherford loves the player, as he was the GM of Carolina when they initially acquired the player, for a hefty sum of Brandon Sutter, Brian Dumoulin, and a 1st-round pick (which became Derrick Pouilot). According to Yohe, Staal is apparently open to a return, and the nostalgic element of the team’s fanbase is clamoring for this to happen. Rutherford stated on a local radio segment with Ron Cook that “to his knowledge he (Staal) isn’t available”, but he’s played coy with the media in the past.

Out Of Left-Field

Rutherford has been known to throw the hockey world for a loop with some of his trades. The James Neal–Patric Hornqvist trade shocked just about everyone, and the Phil Kessel trade is still being discussed to this day. If there’s one thing we should expect from him, it’s the unexpected. There are a few lesser options out there for Rutherford to explore, and management may want to have the Conor Sheary and Brian Dumoulin contracts put to paper before making any sort of transaction. It seems unlikely that anything will happen until those deals get done. Rutherford told Jason Mackey of the Post-Gazette that there are “hundreds of names on (his list)”, and that it’s “a patient process”. Could Detroit be willing to move Andreas Athanasiou? Could Bryan Little be pried from Winnipeg for a young defenseman? It’s hard to speculate as to where exactly management have set their sights, but Rutherford is generally willing to overpay to “get his man”. There is the slight likelihood that they enter the season with that hole left unfilled, but it’s hard to imagine. Until more dominoes fall, Rutherford is likely to bide his team and search for the correct deal.

PHR Mailbag: Duchene, Kessel, Hurricanes, Bruins

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We’ve been taking your off-season inquiries over the weekend in the comments and using #PHRMailbag on Twitter. Here are some questions and answers to ponder:

Conorsoxfan: Is Matt Duchene still going to be moved? What about Landeskog? Are the Avs waiting for the right offer or are they holding on to all their assets for now?

We received several questions about Matt Duchene and for good reason. The Avalanche have been speaking with teams since the Trade Deadline about moving the talented forward and Duchene himself is on record as saying that he is open to a move, but months later he is still in Colorado. It seems that GM Joe Sakic has a very specific (and lofty) return in mind and is hesitant to move Duchene without getting exactly what he wants. That return certainly includes a young, proven defenseman, which is not exactly a commodity that most teams are eager to move. The Columbus Blue Jackets and Carolina Hurricanes seem like they have the best chance of meeting Sakic’s demands, as both teams are loaded with young, NHL-ready defenseman. However, the rumor that Colorado rejected a deal for Travis Hamonic that included Duchene makes you wonder if Sakic is searching for a caliber of player that is simply unavailable. It would be best for Duchene, the Avs, and the rest of the NHL trade market if a deal would get done sooner rather than later, but don’t be surprised if Duchene is still a talking point at the next Trade Deadline.

As for Gabriel Landeskog, rumors of his deaparture have definitely been on the back burner this summer after he too was hot topic at the Trade Deadline. Although the Avalanche are coming off a historically bad season, they seem to be playing it safe with their rebuild. They have not sold off all of their veteran pieces, nor have they operated like a team that’s pushing for a playoff spot. Their only major additions this season are a backup goaltender, Jonathan Bernier, and a low risk-high reward gamble, Nail Yakupov. They got potentially the best player in the draft at #4 overall in defenseman Cale Makar, but he is at least two seasons away from seeing NHL ice time. It seems that Sakic is content with keeping his roster intact and slowly adding in younger players and moving out older pieces. That type of status quo strategy would seem to indicate that Colorado isn’t keen on losing its captain unless the return could truly change the course of the franchise. Especially if Duchene does end up traded, don’t expect Landeskog to follow. He’s likely to remain in Colorado for the time being.

@Wings16Canes13: When and will Pittsburgh trade Kessel? Or does another coach have to go first?

It always seems like there’s some controversy surrounding Phil Kessel. This question alludes to rumors coming out of Pittsburgh that the uber-talented winger and head coach Mike Sullivan don’t see eye-to-eye on many things. Moreover, it’s been said that assistant Rick Tocchet acted as go-between for the two these past two seasons, and with Tocchet likely headed to Arizona as the head coach of the Coyotes, the relationship between Kessel and Sullivan could get worse. However, the Pittsburgh Penguins are also back-to-back Stanley Cup champs, with both Kessel and Sullivan playing major roles in each title. Neither is likely to be on the move any time soon, especially not because they dislike each other. It may not be the most comfortable locker room, but the two will learn to live with each other and any struggles for the Penguins in 2017-18 will be attributed to Stanley Cup hangover, not a feuding coach and player. With that said, Kessel has a $6.8MM cap hit for five more years, which could cause cap trouble down the road for the Penguins, while the team has also shown a willingness to move on from head coaches after just a down season or two. Both Kessel and Sullivan could be gone in a few years, but it’s impossible to know which first and when, only that it’s highly unlikely to be this year.

mikedickinson: Hurricanes are loaded on defense and have three kids who can play in the AHL as well. They aren’t trading any of their top 4. Can they trade from their strength to address a weakness (center)? Also, JVR to Raleigh to play with his brother?

The Carolina Hurricanes boast one of the youngest, deepest, and most talented defensive corps in the entire league. All-Star Justin Faulk leads a group that includes 2015 #5 pick Noah Hanifin, 2012 fourth-rounder Jaccob Slavin, 2013 third-rounder Brett Pesce, 2014 #7 pick Haydn Fleury, 2014 second-rounder Roland McKeown, and now the recently-acquired Trevor van Riemsdyk, not to mention dependable depth defender Klas Dahlbeck and 2016-17 AHL surprise Jake Chelios. There’s also 2016 first-rounder Jake Bean to consider as well, though he remains in juniors. That group has one thing in common: none of them are more than 26 years old. When the Hurricanes acquired van Riemsdyk from the Vegas Golden Knights last month, many felt that the move indicated that Faulk, the team’s top right-shot defenseman, would be on the move. After all, the team has been linked to Matt Duchene as well as others as they try to bring their forward depth up to the same level as their defense. However, GM Ron Francis has stated since that he wants to keep his starters together. It also seems unlikely that he’s keen to move talented teenager Bean, leaving promising, but slowly developing players like Fleury, McKeown, and Chelios as his top trade chips from the blue line. None of those players will get a Duchene or similar-caliber player, but don’t be surprised if the ’Canes use them to add some depth forwards this off-season or along the way next season. If Francis is posturing, then yes any of Faulk, Hanafin, Slavin, or Pesce could be used to bring in a big fish.

As for James van Riemsdyk, it is an interesting development to have his brother in Carolina, an up-and-coming team (like the Maple Leafs) that’s in need of an impact forward. JVR is entering the final year of his contract and it seems unlikely that Toronto will re-sign him, considering the expensive extensions coming down the line for Auston Matthews, Mitch Marner, and William Nylander. The question then becomes whether or not the Leafs are interested in moving him this off-season and whether the Hurricanes are willing to pay the price for his services this year when they can sign him next summer for free. If the Leafs look to deal him, Fleury or McKeown as the centerpieces likely won’t cut it. The Leafs are on the hunt for a top-pair right-shot to pair with Morgan Rielly and Faulk certainly fits the bill, but that’s a high price to pay for an impending free agent. I think you’re on to something with JVR and TVR teaming up in Carolina, but I think it could come at a lower price toward the Trade Deadline or via free agency next off-season.

mpfallon: Will the bruins make some big offseason moves?

This depends on your definition of “big”. Despite rumors that the Bruins have been looking into acquiring a top-four left-handed defenseman and a top-six winger, GM Don Sweeney has also made it clear that he doesn’t want to acquire players that will block Boston’s talented young prospects. College star Anders Bjork, 2015 first-rounder Jake DeBrusk, Peter Cehlarik, who got a taste of the NHL last year, and possibly even Danton Heinen and Jesse Gabrielle will all compete with Frank Vatrano, Matt Beleskey, and recent signing Kenny Agostino for a top-nine spot on the left side, and Ryan Spooner could join the mix if the B’s prefer rookie Jakob Forsbacka Karlsson at third line center. The left wing battle could spill over to the right side as well, where top forward prospect Zach Senyshyn will also look to make the team. On the blue line, Rob O’Gara, Jakub Zboril, and Jeremy Lauzon will all fight for the final spot on the left side, and the recent signing of Paul Postma could indicate that the team is okay with moving Kevan Miller to the left side to free up a spot for Adam McQuaid to continue to be a starter with Postma as the seventh man.

There is more than enough depth in Boston that the Bruins may make no moves for the rest of the off-season. Odds are that they do something, but likely not anything “big”. A trade for a left-shot defenseman, possibly a Nick Holden or Jonathan Ericsson, or the signing of a stopgap winger, like Drew Stafford, Thomas Vanek, or Alex Chiasson seems possible, but anything bigger could be a long shot. So the short answer to your question is no, they won’t make “big off-season moves”. They could make a small, but significant move or two, but chances are a big trade would come closer to the Trade Deadline after they give the kids a shot first.

Leafs’ Cap Woes Not Yet Fatal

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Much has been made by the Toronto media in recent  months regarding the team’s future cap situation. Currently, they sit at $3.929 MM over the cap ceiling. That issue is relatively unimportant considering the players that will end up on long-term injured reserve, but the sudden pressure of being “in the red” has started to make analysts nervous about the team’s future. The man source of concern surrounds the three star youngsters, Auston Matthews, Mitch Marner, and William Nylander, who will all need contracts before 2019-20. The 21 year-old Nylander’s RFA year is 2018-19 so his contract will be the first domino to fall.

Recently, Howard Berger penned an article proposing the necessity of moving on from one of Marner or Nylander due to impending budget restraints, and he ultimately advocated for the movement of the latter. The Toronto Star’s Damien Cox takes a more comprehensive look at the situation, but ultimately comes down with a fatalistic view of the situation – that it can only be rectified by abandoning one of these players in their primes. The author postulates that an approximate “37 percent of Toronto’s payroll” could be sacrificed to just that trio, estimating that the cap will rise only moderately (likely true).

There’s a very solid possibility that Toronto is overvaluing their own players’ worth a tad. There is also the incredible probability that one of the three may have a setback year, at least points-wise, which will bring a contract back down into reasonable territory. Matthews may not even make $10 MM on his first deal, and Marner and Nylander look to be only slightly more valuable collectively contract wise than say, Tyler Johnson and Ondrej Palat. Will the contracts be expensive? Absolutely. But will the three earn $30 MM combined? Not likely.

Ultimately, Toronto has difficult decisions ahead. Cox was correct in his assessment that Toronto is “going for it” now – the Patrick Marleau and depth player signings confirm that the team wants to compete in the short-term. But the long-term prospects probably don’t include sacrificing any of these players. With a combined cap devotion of slightly above 30%, the situation is entirely manageable.  The go-to example for star-power, of course, should be the Pittsburgh Penguins who have successfully shuffled accessory pieces out as they begin to become overpaid. Their big three – Sidney Crosby, Evgeni Malkin, and Kris Letang account for $25.45 MM of the team’s salary, a solid 34.8% of the allowable cap last season. Toronto fans shouldn’t start hitting the panic button, and internally the course ahead financially is likely already plotted. The team will need to find players on cheap contracts and hunt for bargains, while moving out older expensive pieces as the core group matures. Adding Marleau for a third season also wasn’t particularly helpful as 2019-20 will be the tightest fit. That said, Marner and Nylander shouldn’t start packing their bags just yet.

Snapshots: Franson, Cheveldayoff, Marleau

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We’re still all quiet on the Cody Franson front, which has many analysts stumped. Franson is a decent possession player when you look at career Corsi and Fenwick. He’s the youngest “big name” defenseman left un-signed in unrestricted free agency. He played 68 games for the Buffalo Sabres, who were admittedly porous defensively, but finished with a minus 5 on a team where no one broke a plus 3. What’s most intriguing is his ability to skate combined with his overall size – 6’5 and 224 pounds. Franson also has a right-handed shot from the point, something many teams are lacking and actively seeking. He’s the prototype for a #4 defenseman in today’s NHL, and at only 30, has more hockey left in him. There’s been nearly no smoke around this player as we finish the third day of free agency, and that alone is befuddling.

  • Winnipeg GM Kevin Cheveldayoff believes his Jets “are a cap team now”, and he’s willing to spend accordingly per Postmedia’s Ken Weibe. Cheveldayoff has been infamous league-wide for his reluctance to make too many roster moves – it took him the better part of three seasons to even make a trade. That said, he seems to be embracing a more proactive role in management. On July 1st he signed defensemen Dimitri Kulikov and goaltender Steve Mason to expensive contracts, and moved on from veterans Chris Thorburn and Mark Stuart. With his core players entering their primes, the time to compete is apparently now.
  • Patrick Marleau had a quality radio interview with TSN 1050 Toronto earlier this evening. There were a few good quotes that resulted, but nothing out of the ordinary. Perhaps the most humorous moment in the segment was when Marleau insisted that he’s still “full of (pee) and vinegar…just like these kids”. Marleau apparently mulled over the decision for more than a week, weighing the pros and cons of the decision to move on from San Jose, the only franchise he’s ever played for. Ultimately, he cited his confidence in the management team, the exciting younger players in Auston Matthews and Mitch Marner, and the aggressiveness of the team to compete right away as reasons which tilted the scales in favor of the Leafs. The third year on the contract offer, which will take him to age 40, probably provided him lots of incentive, as well.

Toronto Signs Patrick Marleau To 3-Year Deal

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The Toronto Maple Leafs have announced that they have signed unrestricted free agent Patrick Marleau to a three-year deal, $18.75MM with the average annual value set for $6.25MM. Sportsnet’s Chris Johnston tweets he has a full no-movement clause included in his deal. TSN’s Pierre LeBrun tweets that the deal will include a large signing bonus, just as the case was for Carey Price’s deal earlier today. He will receive $14.5MM in signing bonus money, split up with $7MM coming to him in the first year, followed by $4.5MM in year two and $3MM in the final year of the contract. The three-year pact means that Marleau will be 40 during the last year of his $6.25 contract.

Reported earlier on PHR, the 37-year-old wing was considering several offers, including a two-year offer from San Jose, but the rumor was that Toronto had the most impressive offer and Marleau took it. Having spent the past 19 years in San Jose, he will move on to the young, rising Maple Leafs squad and team with the young core of Auston Matthews, William Nylander and Mitch Marner to help them take the next step. With this move, it seems obvious that the Maple Leafs plan to go all-out in hopes of capturing a Stanley Cup while they have their young core under rookie contracts. It is likely Marleau will be paired with both Matthews and Nylander as their first line.

For San Jose, the veteran team loses one of its most important players in their history. Marleau accumulated 508 goals and 1,082 points in his tenure with the Sharks and was rarely hurt, having played every game for the last eight seasons and only missing a total of 31 games in his career, according to Johnston. Although the team was able to lock up38-year-old Joe Thornton yesterday to a one-year, $6.5MM deal (although that deal is not official yet), the team lost out on one of their top goal scorers and will be hard-pressed to replace him, especially after the team struggled in the playoffs and were bounced in the first round. Those two have been playing together for the last 12 years.

 

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