Atlantic Notes: Bruins, Lightning, Maple Leafs, Red Wings
Though Puck Daddy’s Greg Wyshynski was initially surprised by David Backes signing in Boston, further review made it understandable. Backes adds another physical, goal scoring center to a team that already includes David Krejci and Patrice Bergeron. Wyshynski does warn that Backes arrives with a lot of miles and although he’s only missed 16 games since 2008, his style of play makes the five-year deal somewhat risky near the end of the contract. Regardless, the Bruins beefed up down the middle and have a more favorable look against the best teams in the division–and conference.
Other notes from the Atlantic:
- Lightning general manager Steve Yzerman continues his mastery of signing the team’s high end talent and Tampa Times writer Joe Smith reports that Nikita Kucherov should be the next name for Yzerman to cross off his list. Smith writes that Yzerman is optimistic a deal will get done and predicts that Kucherov could expect Filip Forsberg numbers in the range of a six-year, $36MM deal. But if there’s anything to be seen with Yzerman, it’s that he’s become a master of negotiations. Between Steven Stamkos and Victor Hedman taking what was considered significantly less money to stay in Tampa, it should be expected that Kucherov will possibly take less to stay with a team that Yzerman continues to build into an Eastern Conference force.
- The Maple Leafs were very quiet with the exception of signing Matt Martin to a four-year, $10MM deal Friday. TSN’s Kristen Shilton writes that Leafs general manager Lou Lamoriello felt that Martin filled a need for the rebuilding organization. The move was also precipitated by bench boss Mike Babcock wanting more toughness on the roster. The Toronto Sun’s Lance Hornsby writes that while the team didn’t come out and say it, Martin’s role will be that of a bodyguard for #1 overall pick Auston Matthews, and other Leaf youngsters. Lamoriello did admit that the signing was one to make his younger players feel “freer” on the ice.
- While the Red Wings inked Frans Nielsen, Thomas Vanek and Steve Ott, their moves weren’t applauded by everyone. The Detroit News’ Gregg Krupa wonders if general manager Ken Holland’s magic touch is beginning to wear off, and writes that the Wings’ top man shouldn’t be finished with his offseason moves quite yet. Colleague Bob Wojnowski agrees, adding that the Wings are a team “scrambling to find their way” and along with Krupa, opines that that the fanbase is growing restless with Holland’s loyalty to players like Darren Helm, who notched a five-year, $19.5MM deal before free agency opened. Craig Hagerman goes even further, writing that the Wings were one of three teams that actually got worse following Friday’s free agent frenzy. While he lauds the Nielsen signing, he questions the re-signing of Helm (registering a 30 point season twice in his career), Ott (no goals last season), and Vanek (bought out for underachieving).
The Steven Stamkos Contract And Its Long Term Effects
Had it happened at any point over the last year, Tampa Bay captain Steven Stamkos re-signing with the Lightning would have been the top story of the day and dominated the conversation. However, on a day where big names were being traded left, right, and center, the Markham-native forgoing unrestricted free agency seemed like a side note.
Sportsnet’s Elliotte Friedman reports the structure of Stamkos’ new contract being heavily bonus-laden: Stamkos will make a $1MM salary with the rest in bonuses. Friedman has the salary at five years of $9.5MM, followed by $7.5MM and two years of $6.5MM. That’s a total of $68MM over 8 years, for a cap hit of $8.5MM, which is only $1MM higher than his expiring contract.
It’s a similar structure to the contracts of David Clarkson and Ryan O’Reilly, with great benefits to the player in the event of a lockout or buyout: Stamkos will still get the signing bonus money if the NHL goes through another lockout in 2023 at the expiration of the current CBA. As well, should the Lightning ever want to buy him out (don’t laugh, they bough out Vincent Lecavalier), it would cost the team $2.83MM per season. That’s 283% of his actually salary. (Buyout calculation done on General Fanager).
The feel-good aspect of the signing is this: Stamkos took less money to stay than he could have gotten on the open market (not factoring taxes). He wants to retire a member of the Lightning. In the Lightning’s press release, Stamkos was quoted as saying “it’s not often that a player gets the chance to spend his career in one organization and I am hopeful that this agreement sets me on that path”.
However, the part that is going to make Lightning fans nervous is how it will affect the team around Stamkos. The team has $9.3MM in space for next season. However, leading scorer Nikita Kucherov still needs a new contract after being qualified earlier this week, as does two-way winger Alex Killorn. Those two contracts are doable; it’s next summer where it could get ugly. Top defenceman Victor Hedman, both starting goalie Ben Bishop and goalie-of-the-future Andrei Vasilevskiy, and forwards Jonathan Drouin, Tyler Johnson and Ondrej Palat will all see their contracts expire.
One of the goalies will likely be traded before then, but the rest of the group will cost serious money to keep together. Defenceman Matt Carle has two years left at $5.5MM and figures to be traded or bought out to save space for the upcoming group of free agents. This is also where gritty winger Ryan Callahan‘s contract is going to hurt. Callahan will make $5.8MM annually until 2020, but scored just 28 points in 73 games last season and is on the wrong side of 30.
Wily GM Steve Yzerman will have his hands full again this season, after masterfully handling the Drouin and Stamkos sagas last season. It’s going to be a very interesting year for the Lightning and their fans.