Senators Notes: No. 19 Pick, Paajarvi, Hogberg
Perhaps excited by the extension of Anthony Duclair and the additional second-round pick added by the Erik Karlsson contract, both occurring earlier today, Ottawa Senators GM Pierre Dorion was very positive and open when speaking with the media today. Per The Ottawa Sun’s Bruce Garrioch, Dorion began by discussing the team’s plans for the upcoming NHL Draft. The Senators will travel to Vancouver tomorrow to begin meetings ahead of the round one of the draft on Friday night, but Dorion has already had many conversations with rival GM’s. Dorion states that he has already spoken with multiple teams about possibly moving up in the first round from No. 19. The Senators are without their own first-rounder, owed to the Colorado Avalanche from last year’s Matt Duchene trade, but the team was fortunately able to recoup a top pick from the Columbus Blue Jackets in their own sale of Duchene. With that said, No. 19 is not exactly where a rebuilding team would like their first pick to be, even though Ottawa already has a deep, talented pipeline. Following the Karlsson news, CapFriendly reports that the Senators now have 28 picks in the next three drafts, including 16 in the top three rounds. That is plenty of ammunition if Dorion decides that he wants to move up the board on Friday. Teams like the Philadelphia Flyers and Vancouver Canucks have hinted at their willingness to move back, while the Colorado Avalanche may also be open to moving their second pick in the round, No. 16. If Dorion is intent on moving up, he should be able to find a taker.
- Dorion also made the somewhat surprising reveal that the Senators are not pursuing a contract extension with free agent forward Magnus Paajarvi. Paajarvi, 28, has spent the past season and half with Ottawa after coming over from the St. Louis Blues on waivers in 2017-18. Although the 2009 tenth overall pick has never been able to live up to his draft stock nor his rookie year production, Paajarvi has grown into a solid two-way player and enjoyed the best season since his first in Ottawa this past year. Paajarvi seemed like a safe bet to stay with the Senators, especially given his key role on the penalty kill, but Dorion has other plans. He did say that talks continue with fellow UFA’s Oscar Lindberg and Brian Gibbons, both of whom performed well after deadline trades, as well as RFA defenseman Cody Ceci. As for Paajarvi, he’ll likely land on his feet elsewhere in the league once free agency opens.
- Finally, Dorion announced that a contract resolution with RFA goaltender Marcus Hogberg is imminent. Hogberg is expected to sign with the team this week after rumors emerged early this off-season that he was considering a move to Europe. It remains possible that Hogberg could still be loaned elsewhere, as his signing only adds to a logjam of keepers in both Ottawa and AHL Belleville. The Senators expect to enter next season with a tandem of veteran Craig Anderson and returnee Anders Nilsson. As of now, Mike Condon will also be in the mix. In the minors, the team hopes to give top goalie prospect Filip Gustavsson, college standout Joey Daccord, and now Hogberg the time in net they need to develop properly. If that is going to be impossible, even with a likely Condon departure, Hogberg is the top candidate to be loaned away, despite his advantage in pro experience.
Senators Not Likely To Retain Magnus Paajarvi And Oscar Lindberg
The Senators are likely to not bring back winger Magnus Paajarvi and center Oscar Lindberg for next season, reports Postmedia’s Bruce Garrioch. However, Ottawa appears to be inclined to issue a qualifying offer to winger Anthony Duclair and may attempt to keep winger Brian Gibbons who made a significant impact after being acquired late in the season.
Paajarvi never quite lived up to his draft billing as a tenth overall pick of the Oilers back in 2009. While he had a regular role this season, he wasn’t overly productive as he posted just 19 points in 80 games. With several younger forwards looking to make a push for a roster spot next season, it appears Paajarvi will be yielding his spot to one of them.
As for Lindberg, the trade deadline deal that saw him join the Senators didn’t do much to bolster his offensive game despite a boost in playing time. Between Ottawa and Vegas, he had 20 points in 55 games and as a 27-year-old old pivot, he’ll garner some interest on the open market in July.
Duclair came over from Columbus as part of the Ryan Dzingel deal just before the trade deadline. He signed with the Blue Jackets in a hope to revive his career but it didn’t happen. However, he showed some promising signs after the trade, collecting 14 points in 21 games, giving him 33 points on the season, the second-most of his career. That should be worth a $715K qualifying offer although he is eligible for salary arbitration.
Gibbons, meanwhile, was brought in for minor league defender Patrick Sieloff to fill a roster spot for the stretch run to allow the younger players to remain at AHL Belleville. After being invisible with Anaheim after putting up just five points in 44 games, he picked up 14 in 20 contests following the trade. Clearly, he showed he fits in with Ottawa so depending on the contract he’s looking for – he made $1MM this season – he could be a fit to stick around in a depth role.
East Notes: Murray, Zadina, Lightning, Lindberg
The Blue Jackets have been without defenseman Ryan Murray for the past three weeks and it doesn’t appear that a return is on the horizon. Speaking with Brian Hedger of the Columbus Dispatch, GM Jarmo Kekalainen indicated that he is hopeful that the 25-year-old would be able to return this season. Before this latest upper-body injury which is being re-evaluated on a week-to-week basis, the oft-injured Murray had actually stayed healthy through the first 56 games of the year along with a career-high 29 points. With Columbus struggling considerably following their trade deadline pickups, they could certainly use Murray’s 21-plus minutes a night on the back end but they’ll have to play without him for a while yet.
More from the Eastern Conference:
- The Red Wings plan to return winger Filip Zadina to the minors before he reaches the ten-game mark this season, notes Ted Kulfan of The Detroit News. The 19-year-old has held his own in five games since being recalled but while he could certainly benefit from remaining in Detroit down the stretch, sending him down before he reaches that threshold means that he wouldn’t burn the first year of his entry-level deal this season.
- The Lightning will be without a pair of regulars as the team announced (Twitter link) that defenseman Dan Girardi is dealing with a lower-body injury while winger Adam Erne is dealing with an upper-body issue. Both players are listed as day-to-day. Tampa Bay has enough healthy forwards to cover Erne’s absence without requiring a move from the minors while blueliner Jan Rutta was brought up last night to give them six available defenders for tonight’s game against Detroit.
- While Senators center Oscar Lindberg has been productive since joining the team from Vegas, he told Postmedia’s Ken Warren that he hasn’t given any thought about potentially re-signing with the team. The pending UFA has 15 points in 41 games between the two teams this season and likely will have difficulty matching or surpassing his current $1.7MM AAV on the open market unless he gets on a big run offensively between now and the end of the season.
2019 Trade Deadline Day Recap
The trade deadline for the 2018-19 season has come and gone, with teams all around the league loading up for a Stanley Cup run. This year saw a nearly unprecedented level of skill available, though things got started quite early. Before deadline day, names like Matt Duchene, Brandon Montour, Mats Zuccarello, Charlie Coyle, Ryan Dzingel, Gustav Nyquist and Nick Jensen all switched teams. However, the day was no disappointment; a slow pace early on ended in fireworks right before the deadline and as deal trickled in right after. Below is a complete list of the 21 trades featuring all but seven of the NHL’s teams made on February 25th alone (chronologically):
To Anaheim Ducks:
D Patrick Sieloff
To Ottawa Senators:
F Brian Gibbons
To New Jersey Devils:
2022 fifth-round pick
To Columbus Blue Jackets:
G Keith Kinkaid
To Winnipeg Jets:
F Kevin Hayes
To New York Rangers:
F Brendan Lemieux
2019 first-round pick (top-3 protected)
2022 conditional fourth-round pick (if Winnipeg wins Stanley Cup)
To Montreal Canadiens:
F Jordan Weal
To Arizona Coyotes:
F Michael Chaput
To Florida Panthers:
F Cliff Pu
Future Considerations
To Carolina Hurricanes:
F Tomas Jurco (AHL contract)
Future Considerations
To Colorado Avalanche:
F Derick Brassard
2020 conditional sixth-round pick (no pick if Brassard re-signs)
To Florida Panthers:
2020 third-round pick
To Columbus Blue Jackets:
D Adam McQuaid
To New York Rangers:
D Julius Bergman
2019 fourth-round pick
2019 seventh-round pick
Deadline Primer: Vegas Golden Knights
With the trade deadline fast approaching, we will be taking a closer look at the situation for each team over the coming weeks. Where do they stand, what do they need to do, and what assets do they have to fill those needs? We start with a look at the Vegas Golden Knights.
This is a somewhat different year for the Vegas Golden Knights who took the league by storm last season in route to a Stanley Cup Finals appearance. While Vegas remains playoff bound as they are firmly entrenched in third place with 62 points. However, this Vegas team has shown inconsistency throughout the year. While it looked like the Golden Knights had turned the corner throughout December and January, the team suddenly finds itself in a four-game losing streak with the Tampa Bay Lightning in front of them next. After trading a first, second and third-round pick to acquire Tomas Tatar at the deadline, who turned out to be a major disappointment, the team might be more reluctant to make a big trade at the deadline and may be more inclined to just add some depth options this time around.
Record
29-21-4, third in the Pacific Division
Deadline Status
Buyer
Deadline Cap Space
$15.554MM in a full-season cap hit, 2/3 used salary cap retention slots, 47/50 contracts per CapFriendly
Upcoming Draft Picks
2019: VGK 1st, VGK 2nd, VGK 3rd, NSH 3rd, WPG 3rd, VGK 4th, MON 5th, MIN 5th, VGK 5th
2020: VGK 1st, VGK 2nd, DAL 2nd, PIT 2nd, VGK 3rd, VGK 4th, VGK 5th, VGK 6th, VGK 7th
Trade Chips
Perhaps the biggest trade chips that the Golden Knights possess are their draft picks. General manager George McPhee has already sent off quite a few to acquire Tatar and then flip him along with top prospect Nick Suzuki and another second-rounder to pry Max Pacioretty from Montreal. However, as the team keeps an eye the future, the team also full well knows it may not want to move any more of their top picks in the next few years. That doesn’t mean they don’t have some later picks that they could move, including three third-rounders this year and three second-round picks in 2020 if they want to add some depth to their team. If they really want to make a splash, the team could include a first-rounder, but they may be reluctant to do so.
The team also has significant cap room, although that has been slowly disappearing. The team still has to lock up center William Karlsson, who will be a restricted free agent against after signing a one-year deal, but the team has all their key players locked up for at least the next two years, so they could take on an expensive contract for a discount.
The forward lines look pretty set even without Erik Haula, who could miss the entire season, but the team has a number of depth forwards who they could move like Oscar Lindberg, Ryan Carpenter or even Tomas Nosek to free up a valuable roster space. The question is whether other teams would be interested in any of those options. Carpenter could be of value to a team needing a bottom-six depth option, while Nosek is still young enough to offer some potential. As for defense, while the team could use an upgrade, the Golden Knights already traded away Brad Hunt, suggesting they are unlikely to move another defenseman now and although they have several interesting young defenseman waiting in the wings in the AHL, it’s unlikely the team is going to move out a player to make space for a prospect.
Five Players To Watch For: F Carpenter, D Nicolas Hague, D Nick Holden, F Nosek, G Malcolm Subban
Team Needs
1) Top-Four Defenseman: While the team doesn’t really need a big-name forward at the trade deadline, defense could be a different matter. The Golden Knights defense is good, but the team was almost desperate to acquire Erik Karlsson last season from Ottawa, but came up just short. They followed that up by adding Nick Holden during the offseason, but that’s hardly the answer either. With Deryk Engelland starting to show his age, Holden struggling and star prospect Erik Brannstrom not yet ready to contribute, the team could use a defenseman that can help protect goaltender Marc-Andre Fleury. Plenty of rumors seem to have Vegas focused on one of St. Louis’ top defenders, including Alex Pietrangelo or Colton Parayko, but the team would obviously have to move more than a few middle-round picks to acquire either of them.
2) Back-up Goaltender: Vegas has struggled finding a solid backup. While Subban has the skills, the 25-year-old is just 2-5 this season with a 2.95 GAA and a .904 save percentage and is currently injured. On top of that, he has made just eight appearances this season, which isn’t really helping a 34-year-old Fleury who has already appeared in 46 games this season, the same number he played in during the regular season a year go. With no prospects in the wings, it might make sense for Vegas to go out and get a Keith Kinkaid, Jimmy Howard or another veteran goalie to fill the void for the remainder of the season and give them an option to re-sign them this summer if they work out.
Photo courtesy of USA Today Sports Images.
What To Expect From Tomas Tatar In 2018-19
A seemingly innocuous interview with Vegas Golden Knights free agency prize Paul Stastny actually ended up revealing quite a lot about the strange state of one of his new teammates. SinBin’s Ken Boehlke writes that Stastny, while appearing on the Golden Knight’s podcast, was asked who he believes his line mates could be this season. His answer: Alex Tuch and Erik Haula. Stastny made no mention of Vegas’ big trade deadline acquisition, Tomas Tatar, and Boehlke infers that this could mean trouble for the young forward moving forward.
If Stastny’s prediction proves true, then he, Tuch, and Haula would join the surefire top line of William Karlsson between Jonathan Marchessault and Reilly Smith in the Knights’ top six. That would leave Tatar with a bottom-six role and Vegas is not exactly shaping up to have an offensively inclined group in that bottom half. Tatar will be joined by veteran grinders Ryan Reaves, Pierre-Edouard Bellemare, and William Carrier who all seem slotted for a fourth line role. That would leave Tatar with Cody Eakin and one of a number of prospects or fringe players on the third line. Among the candidates are Oscar Lindberg, Tomas Nosek, Ryan Carpenter, Daniel Carr, Tomas Hyka, and Curtis McKenzie. None of that group truly inspires confidence as the final piece of the line with Tatar and Eakin. This begs the question: what role does Tatar have on this team?
Even if you don’t put much stock in Stastny’s comments, there is no doubting that Tatar has been less than impressive since being traded to Vegas from the Detroit Red Wings. The three-time 45+ point scorer only registered six points in 20 games down the stretch for the Knights and was a frequent healthy scratch in the postseason, adding just two points in eight games. Tatar is a strong possession player who has proven to be a capable goal scorer in the past, but lacks the two-way game to make a living in a checking role. At $5.3MM, in addition to the trade cost of three high draft picks, it is hard to imagine that Vegas wants to play him in that role either. Tatar needs to find a fit on this roster, either on the second line with Stastny or as a transformative presence on the third line. The Golden Knights are far more shallow up front this season than they were last year and can hardly afford to deal with ineffective or inconsistent play from their biggest trade investment to date. If Tatar does struggle, he may easily wind up wearing out his welcome with the Knights as he did with the Red Wings.
Salary Cap Deep Dive: Vegas Golden Knights
Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.
PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.
Vegas Golden Knights
Current Cap Hit: $70,812,500 (under the $79.5MM Upper Limit)
Entry-Level Contracts
F Alex Tuch (One year remaining, $925K)
D Zach Whitecloud (Two years remaining, $925K)
Among the many things that went right for Vegas was the play of Tuch, who was a surprise in training camp and quickly earned himself a full-time role. The 6-foot-4, 222-pound winger had an impressive rookie season with the Golden Knights, scoring 15 goals and 37 points with much of his playing time coming with the team’s third line. He only improved over time, showing an ability to get into the corners and extend offensive opportunities for the team. He tallied six goals in the playoffs as well, which allowed the Golden Knights to let go veterans James Neal and David Perron, knowing that the 22-year-old Tuch is ready to take his game to the next level. With one year remaining on his entry-level deal, expect him to become a key restricted free agent for the team next season.
Potential Bonuses
Tuch: $93K
Whitecloud: $93K
Total: $186K
One Year Remaining, Non Entry-Level
F William Karlsson ($5.25MM, RFA)
D Nate Schmidt ($2.23MM, UFA)
F Oscar Lindberg ($1.7MM, UFA)
D Deryk Engelland ($1.5MM, UFA)
F Pierre-Edouard Bellemare ($1.45MM, UFA)
F Tomas Nosek ($963K, RFA)
F Ryan Carpenter ($650K, UFA)
D Brad Hunt ($650K, UFA)
G Malcolm Subban ($650K, RFA)
The most important piece the Vegas Golden Knights need to lock up is Karlsson, who just signed a one-year deal with Vegas Saturday. However, now the team has just one year to lock up Karlsson, the team’s top scorer, to a long-term extension. Less than a year, actually, as the team can’t agree to an extension until Jan. 1, 2019. That gives Vegas time to see how 25-year-old will respond in his second year. After piling up 43 goals last season (and seven more in the playoffs), the team wants to see that he can put up similar numbers before handing him a major deal considering the most he’s ever scored in his NHL career was nine goals.
The team will also have to lock up the speedy Schmidt, as well to a long-term deal at some point. The 27-year-old was a key figure on the Golden Knights defense, posting career highs of five goals and 36 points, but also showed his mettle in the playoffs, putting up another three goals and seven points. He could easily get a similar deal to the one that Miller signed with the team (four years, $15.5MM) earlier in the offseason. With an influx of prospects likely to hitting the team for the 2019-20 season, several veterans will have to prove they deserve new contracts this coming year, including Lindberg, Bellemare, Engelland, Carpenter, Hunt and Subban, although unless someone has a breakout year, none should cost the team too much.
Two Years Remaining
F David Clarkson ($5.25MM, UFA)
F Cody Eakin ($3.85MM, UFA)
F Ryan Reaves ($2.78MM, UFA)
F Erik Haula ($2.75MM, UFA)
D Nick Holden ($2.2MM, UFA)
D Jonathon Merrill ($1.38MM, UFA)
F William Carrier ($725K, RFA)
The team likely will have to pay up if they want to keep Haula. The team’s second-line center may move to the third line now that the team locked up Stastny to a free agent deal. However, if Huala can continue to produce like he did last season, the 27-year-old should be able to fetch a nice contract. He had a career-high in goals last season as he scored 29 and 55 points.
The team should also recoup some of their losses as well in two years as Clarkson’s deal will expire, so that will free up $5.25MM for the team as the team currently has to wait till the start of the season before they can place his contract on LTIR. Others like Eakin and Reaves will likely have to earn another deal over the next two seasons. Both had solid showings for Vegas this year, but will have to prove their consistency. While Reaves deal looks overpaid on paper, the team opted to give him three years worth of money as long as he only signed for two years.
Rangers’ David Desharnais Headed to KHL
With the New York Rangers in rebuilding mode and the expected full-time roles that are likely to be given to top prospects Lias Andersson and Filip Chytil, the writing looked to be on the wall for veteran center David Desharnais. Now, European insider Igor Eronko reports that the 31-year-old Desharnais intends to continue his career overseas with the KHL.
Desharnais was unlikely to return to New York as he will be an unrestricted free agent in July. He signed a one-year, $1MM contract last summer to help offset the Rangers’ losses of Derek Stepan, who the team traded to Arizona, and Oscar Lindberg, who the team lost to the Vegas Golden Knights in the expansion draft. The team had hopes that Andersson might make the team out of training camp, but also wanted insurance in case the 18-year-old didn’t. Desharnais provided that depth after Andersson was returned to Sweden, and played 71 games, but tallied just six goals and 28 points this season.
While there is no word on whether he has a deal in place, Desharnais has spent most of his career in North America, having only played 16 games during the 2012-13 strike in Switzerland. Desharnais played most of his career for the Montreal Canadiens and had several good seasons, including 60-point, 52-point and 48-point seasons between 2011 to 2015 seasons. However injuries have derailed his career and the veteran has struggled to hold onto his roster spot as the Canadiens traded him to the Edmonton Oilers last season for their playoff run, while the Oilers opted not to re-sign him last offseason.
What Your Team Is Thankful For: Vegas Golden Knights
As the holiday season approaches, PHR will look at what teams are thankful for this year. There also might be a few things your team would like down the road. We take a look at what’s gone well in the first month and what could improve as the season rolls on.
Salary Cap Deep Dive: Vegas Golden Knights
Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.
PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2017-18 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.
Vegas Golden Knights
Current Cap Hit: $69,375,832 (under the $75MM Upper Limit)
Entry-Level Contracts
F Alex Tuch (Two years remaining, $925K)
D Shea Theodore (One year remaining, $863K)
Potential Bonuses
Tuch: $425K
While the brand-new franchise is focused on building up a powerhouse team over the next five years, which means draft picks and more draft picks, which will create a revolving door at T-Mobile Arena in Las Vegas, there should be at least one constant who is already locked in for the future in Theodore. The just-turned 22-year-old is considered to be a long-term piece and despite the team’s overwhelming defensive logjam, the hope is Theodore is on the team’s opening day roster. Theodore shined last year during Anaheim’s playoff run when he along with several other defenseman had to step in for injured players and fared well. Theodore, a offensive defenseman, was a first-round pick of the Ducks in 2013 and despite having just nine points in 39 regular season games last year, he put up eight goals in 14 playoff games.
Tuch, a talented forward acquired near the expansion draft in a side deal with the Minnesota Wild, has a chance to immediately make the team out of training camp. The 21-year-old wing was a first-round pick in 2014 and scored 18 goals for the AHL’s Iowa Wild last year.
One Year Remaining, Non-Entry-Level
F James Neal ($5MM, UFA)
F Mikhail Grabovski ($5MM, UFA)
D Jason Garrison ($4.6MM, UFA)
F David Perron ($3.75MM, UFA)
D Luca Sbisa ($3.6MM, UFA)
D Clayton Stoner ($3.25MM, UFA)
D Brayden McNabb ($1.7MM, UFA)
D Jonathon Merrill ($1.14MM, RFA)
F William Karlsson ($1MM, RFA)
D Colin Miller ($1MM, RFA)
D Deryk Engelland ($1MM, UFA)
G Calvin Pickard ($1MM, RFA)
F Jon Marchessault ($750K, UFA)
F Teemu Pulkkinen ($700K, RFA)
The Golden Knights will be looking to move as many of their players at the trade deadline as they can. Neal should be their biggest trade bait as many teams wouldn’t mind adding a goal-scorer right in time for the playoffs. The 30-year-old wing is coming off a 23-goal season in Nashville and has scored 165 goals in the last six seasons combined. The team hopes that playing on a top line should keep his scoring numbers up high so that his price increases at the perfect time, but a recent report that a wrist injury suffered during the playoffs last year is still affecting Neal and he will miss two to four weeks is concerning. The team also has high hopes it can move Perron. After putting up a career-high 28 goals in 2013-14, he has struggled with injuries but rebounded last year with an 18 goal season. If he can stay healthy and produce similar numbers, he might be worth a mid to late pick.
One key decision the team will have to make is what to do with Marchessault, who is coming off a 30-goal season a year ago in Florida. At $750K, he is a bargain for the next year, but if he can duplicate his numbers from last year, he would be in line for a big payday. Complicating the situation is that Vegas head coach Gerard Gallant is a big fan of the 26-year-old and was the head coach in Florida wlast year when Marchessault started his breakout season.
The team also has a number of restricted free agents who they will likely hold onto. While Pickard’s name is rarely mentioned in Vegas as he is the current backup, don’t be surprised if Pickard is penciled in as the goaltender of the future. The 25-year-old struggled with Colorado last year (although he did have one of the worst teams around him), but was a promising prospect before that. Miller is another who should be retained. The 24-year-old was a promising defender in Boston who was just beginning to get full-time work. He got into 61 games last year and showed quite a bit of promise. Karlsson should get a bottom line spot in the lineup. The 24-year-old is coming off a 25-point season and the team hopes he takes his game up a notch.
While Grabovski likely won’t see the ice ever in Las Vegas (freeing the team of his $5MM cap hit), Garrison is a defender who may prove to have some value if he can produce on one of the team’s top defensive lines. The 32-year-old struggled at times in Tampa Bay and his offensive numbers have declined in the past couple of years. McNabb is considered to be an excellent defender and should provide solid defense for Vegas. He missed a lot of time due to a broken collarbone injury he suffered last October, forcing the 26-year-old in and out of the lineup all season and he eventually lost his starting job at the end of the year, but should get regular minutes with the Golden Knights. Sbisa is another player who should get playing time in hopes the team can move him later this year. The 27-year-old blueliner was a solid defenseman, but few teams were interested in his $3.6MM pricetag.