Erik Karlsson Re-Signs With San Jose Sharks
UPDATE: The Sharks have now officially announced the Karlsson extension and it is worth even more than previously believed. Karlsson is set to make $11.5MM on average over an eight-year term for a total of $92MM, according to CapFriendly. That includes $53MM in signing bonuses, largely front loaded in the early years for potential lockout protection, as well as in the final two years to dissuade a buyout. The contract also includes a full No-Movement Clause. There is little doubt remaining that San Jose is all in on Karlsson given these terms, which make Karlsson the highest paid defenseman in NHL history and behind only Connor McDavid and Auston Matthews overall. The Sharks simply have to hope that he can get back to full health and remain that way as long as possible, while those teams that missed out on a chance to court him this summer have to hope that the somewhat underwhelming replacement options don’t drastically increase their asking price.
It’s been an ongoing narrative early this off-season that the San Jose Sharks were willing to do whatever it takes to re-sign Erik Karlsson, after the all-world defenseman played well – when healthy – in his first season with the team. Karlsson is considered not just the top defenseman on the free agent market, but arguably the biggest name overall, and that’s taking into account his injury concerns. Few defensemen in the NHL can do what a healthy Karlsson can offensively and the 29-year-old was set to cash in on the open market. Yet, it seems that GM Doug Wilson and the Sharks have convinced Karlsson that he doesn’t need to test the waters to find a considerable contract and a winning team. TSN insider Bob McKenzie reports that “all signs are pointing” to Karlsson returning to San Jose and colleague Pierre LeBrun follows it up by stating that “a deal is indeed done.”
McKenzie is hardly the first to report that extension talks were getting close between the two sides, but when the respected hockey mind makes a pronouncement like this, it generally carries significant weight. LeBrun thus checked in himself and found previous reports that the two sides were talking about a contract in the neighborhood of Drew Doughty‘s eight-year, $88MM contract to be true. LeBrun believes that is will be an eight-year deal worth more than Doughty’s $11MM AAV. This would make Karlsson’s cap hit the third-largest in NHL history.
Unless his negotiating rights were to be traded prior to July 1st, the Sharks were always going to be the only team that could offer Karlsson that valuable eight year. However, it is likely their willingness to move into the double-digit AAV realm that pushed negotiations closer to a resolution. Especially in a season in which Karlsson missed 29 games due to injury, there was plenty of speculation that his value would take a hit on the free agent market, resulting in lesser term or at least a lower dollar value over a long-term deal. Instead, the Sharks seemingly plan to keep Karlsson in town by offering him the same contract he likely would have landed prior to this past season and hope that recent groin surgery solves the nagging soft tissue damage that cost the superstar blue liner so much time this season.
Assuming this extension becomes official shortly, it will have wide-ranging effects. San Jose cannot afford to re-sign Karlsson to this contract and also re-up restricted free agents Timo Meier and Kevin Labanc without making some sacrifices. Priority unrestricted free agents like Joe Pavelski, Joe Thornton, Gustav Nyquist, and Joonas Donskoi cannot all return if any can. Signing even one of those players may force the Sharks to move out other salary from the roster. Additionally, per the terms of the original Karlsson trade, San Jose will also surrender a 2021 second-round pick to the Ottawa Senators in exchange for extending their acquisition. As for the rest of the free agent market, one of the top names is now off the board. The demand and thus the price for the next tier of defensemen – Jake Gardiner and Tyler Myers – just went up, as did the cost of bringing in a big name like Artemi Panarin or Matt Duchene after both Karlsson and Jeff Skinner received larger contracts than expected.
The greater story here though is that the Sharks’ Stanley Cup window, which some saw as closing if Karlsson, Pavelski, and Thornton were all to leave, has now been extended with the re-signing of one of the game’s best defensemen, so long as he can stay healthy. With Karlsson, Brent Burns, and Marc-Edouard Vlasic together on the blue line for at least six more years and core forwards like Logan Couture, Evander Kane, Tomas Hertl, and soon Meier locked up, the team has strength at both ends and will continue to be a top competitor year in and year out.
Competition Committee Submits Rules Recommendations
The NHL and NHLPA released a joint statement this evening outlining the changes recommended by the Competition Committee, which wrapped meetings today. The players’ side, led by NHLPA Special Assistant Mathieu Schneider, included Ron Hainsey, Connor Hellebuyck, Connor McDavid, John Tavares, and James van Riemsdyk. The league side, led by NHL Senior Vice President of Hockey Opertations Colin Campbell, included Craig Leipold, David Poile, Ken Holland, Doug Wilson, and Steve Yzerman. Together, the group came up with some intriguing ideas for consideration.
The most notable suggestion, as well as the most expected one, was expanded access to video review and coach’s challenges. Few details were disclosed as to the specifics of expanded review, other than allowing referees to use video review to review calls on the ice. However, after a postseason in which incorrect calls has drawn so much media scrutiny, it’s fair to assume that changes are coming to review procedures to help remedy that situation.
Another suggested rule change bound to draw some attention is a change to the the tie-breaking procedures used to determine final regular season rankings. While the joint release did not outline the proposed changes, Sportsnet’s Elliott Friedman believes that the preference of the Competition Committee is to use simply regulation wins rather than “ROT”, regulation and overtime wins, as the primary tie-breaker. If adopted, this rule change could very well see more teams looking to end games in regular time as opposed to playing for overtime, especially late in the season in a tight playoff race.
Other suggestions included changes to face-off locations based on icing, pucks out of bounds, power plays, intentionally knocking the net over, and goalies unnecessarily freezing the puck, as well as a rule that would require players to leave the ice if their helmet is knocked off during play.
These rules suggestions still need to be approved by both the NHL’s Board of Governors and the NHLPA’s Executive Board, and many of the proposed changes will require more detailed presentations, as well as considerable discussion. After suggestions are adopted, the language will be formalized and they will officially be indoctrinated into the NHL rule book. Stay tuned for further updates on these possible rule changes when these governing bodies meet later this summer.
Snapshots: Competition Committee, Imoo, Byron
When the NHL/NHLPA Competition Committee convenes tomorrow in Toronto, the players’ side will be represented by some of the biggest names in the game. The NHLPA has announced that Ron Hainsey, Connor Hellebuyck, Connor McDavid, John Tavares, and James van Riemsdyk will be the players in attendance at Tuesday’s meeting. McDavid and Tavares obviously stand out as two of hockey’s top talents and players whose inputs will be highly valued. Hainsey is a respected veteran who has always been involved with the players’ association. Hellebuyck will seemingly be there to represent all goalies, while – maybe unintentionally – van Riemsdyk will be the only player from an American team in attendance. The group will have a lot to talk about, as officiating concerns have only increased over recent weeks and the discussion of changing or expanding review will almost certainly be on the table.
- The Athletic’s Lisa Dillman reports that Los Angeles Kings goaltending development coach Dusty Imoo is headed overseas. The goalie whisperer is set to join the KHL’s Kunlun Red Star in a similar role and Dillman notes that it is a major loss for the Kings. She writes that Imoo was part of a strong tandem with goalie coach Bill Ranford that has worked with Jonathan Quick for years, helped to resurrect the careers of Peter Budaj and Jack Campbell, and have been working with promising prospect Cal Petersen. Fortunately, goaltending is one of the few areas where L.A. found success last year and, even with the loss of Imoo, still have the talent and depth to stay strong in net.
- Blaine Byron has re-signed with the AHL’s Springfield Thunderbirds, the team announced. It’s a one-year re-up for Byron, who just completed his second season with the Thunderbirds. Byron was a standout at the University of Maine and was expected to draw NHL interest as a college free agent in 2017, but instead signed with Springfield. He failed to impress in his first pro season, but after a 25-point campaign this year, it would not have been a surprise to see the Florida Panthers look into a two-way deal for the well-rounded forward. Instead, Byron returns to Springfield and will look to improve again next year.
Buyout Watch: Most Likely Candidates As Buyout Window Nears
At this time next week, there could already be a few notable additions to the impending unrestricted free agent class. The NHL’s buyout window is set to open on Saturday, June 15th, after which teams will have 15 days to buy out unwanted contracts before the month ends and free agency begins on July 1st. This year in particular, there seem to be a surplus of teams upset with their current salary cap position and itching to remove a contract from their books that has not yielded the expected results. Yet, at a cost of two-thirds of the remaining salary and double the remaining term (in most cases), as well as the side effects of pay and bonus structure, it may not always be the best route. The following are some of the top names that could be bought out later this month and the cost to do so:
Corey Perry, Anaheim Ducks
Contract Remaining: Two years, $8.625MM cap hit
Buyout Cost (each year): $2.625MM/$6.625MM/$2MM/$2MM
The most recent name to hit the buyout rumor mill, Perry’s contract is undoubtedly an albatross and it is difficult to see him getting back to the pace and production that initially warranted his high cap hit. A buyout would give the Ducks immediate relief this year and $2MM in years three and four is not bad. However, the 2020-21 cost is not ideal. However, it’s hard to see anyone trading for Perry’s contract with so many unknowns about his game, so this could be the only choice for Anaheim.
Dion Phaneuf, Los Angeles Kings
Contract Remaining: Two years, $7MM cap hit
Buyout Cost (each year): $2.917MM/$5.417MM/$1.417MM/$1.417MM
The Kings want to get younger and faster and want some cap space to improve. Moving Phaneuf accomplishes all of that, and L.A. has good blue line depth to fall back on in the short-term. Like Perry, this buyout hurts in year two, but is otherwise tolerable. The Kings will try to trade Phaneuf and may succeed, otherwise this is a likely buyout scenario.
Scott Darling, Carolina Hurricanes
Contract Remaining: Two years, $4.15MM cap hit
Buyout Cost (each year): $1.233MM/$2.333MM/$1.183MM/$1.183MM
One of the earliest reported buyout rumors was that of Darling, and for good reason. The former star backup has not panned out as a starter for Carolina, a team that made it to the Eastern Conference Final with a tandem of a UFA flier and a veteran waiver claim. The Hurricanes may not have any experienced goalies under contract for next season yet besides Darling, but that won’t stop them from moving on and going back to the free agent market or their talented pipeline for answers, especially with this very palatable buyout and few cap concerns.
Ryan Callahan, Tampa Bay Lightning
Contract Remaining: One year, $5.8MM cap hit
Buyout Cost (each year): $2.667MM/$1.567MM
Callahan won’t be in Tampa one way or another next season. The team is facing a difficult cap crunch and there’s no room for the veteran, who has played little role in recent years. A buyout doesn’t give the Bolts the full savings they’d hope for this upcoming season and a trade likely remains preferable, but Callahan’s stock is not high and a buyout remains the more likely resolution.
Valeri Nichushkin, Dallas Stars
Contract Remaining: One year, $2.95MM cap hit
Buyout Cost (each year): $700K/$450K
Nichushkin’s age makes his buyout fall under the second category of buyout wherein only one-third of the remaining salary is accounted for. As such, his buyout would mean almost nothing for Dallas’ cap calculations. The young winger failed to score a goal last season as a regular player and both sides would seemingly benefit from a split. It’s not certain that the Stars will move on, but should they choose to, a buyout is a painless option.
Brendan Smith, New York Rangers
Contract Remaining: Two years, $4.35MM cap hit
Buyout Cost (each year): $971K/$3.146MM/$1.146MM/$1.146MM
Smith has been a disaster in New York and certainly not the player that the Rangers saw perform well in the postseason as a deadline addition in 2016-17. It’s hard to see a fit for Smith moving forward, even more so than other unfriendly defense contracts like Marc Staal and Kevin Shattenkirk. It’s even more difficult to see him having any trade value, so the team would have to go the buyout route. It’s not a terrible option, but as frequently happens, the year one savings come back to bite with a hefty year two increase.
Karl Alzner, Montreal Canadiens
Contract Remaining: Three years, $4.625MM cap hit
Buyout Cost (each year): $1.069MM/$4.194MM/$2.194MM/$1.069MM/$1.069MM/$1.069MM
Alzner had one point in nine games with Montreal last season, which is enough to say he’s not in the Canadiens’ long-term plans. He could be on their books for a long time to come with a potential six-year buyout structure, but at a relatively low cost most years. Alzner needs a fresh start and it’s fair to assume that Montreal will give him one.
Milan Lucic, Edmonton Oilers
Contract Remaining: Four years, $6MM cap hit
Buyout Cost (each year): $3.625MM/$5.625MM/$4.125MM/$5.625MM/$625K/$625K/$625K/$625K
Loui Eriksson, Vancouver Canucks
Contract Remaining: Three years, $6MM cap hit
Buyout Cost (each year): $5.556MM/$5.556MM/$3.556MM/$556K/$556K/$556K
Lucic and Eriksson have been tied together by rumors all off-season and one more thing they share: poor buyout possibilities. As bad as Lucic’s contract is, based on his drop-off in performance, his buyout is still very expensive for four more years and then extends another four years beyond that. The Oilers would be better off continuing to search for some way to trade him, no matter how slim the chances. As for Eriksson, his front-loaded contract makes a buyout pointless. The Canucks would pay almost the same amount in each of the next two years as if he was still on the team, then would have the cap penalty for another four years after that. Vancouver and Edmonton are likely stuck with these players, unless of course they swap them for each other.
Jori Lehtera, Antti Niemi Sign In KHL
Pavel Datsyuk won’t be the only former NHL player signing in the KHL today. R-Sport in Russia is reporting that Philadelphia Flyers forward Jori Lehtera has signed a one-year deal with SKA St. Petersburg, while Jokerit Helsinki have announced they agreed to terms with Montreal Canadiens goaltender Antti Niemi on a one-year deal. Both players are technically still under NHL contract through the end of the month, but are scheduled to become unrestricted free agents on July 1.
Lehtera, 31, never did work out in Philadelphia after coming over from the St. Louis Blues in 2017, and found himself in the minor leagues this season after clearing waivers. Add that demotion to a drug-related charge in Finland and it’s easy to see why he is leaving the NHL landscape for Russia to continue his career. This won’t be the first time he suits up in the KHL, as Lehtera spent four years dominating the league before ever playing in the NHL. His final season, 2013-14, he registered 44 points in 48 games and will try to get back to that level of offensive production.
Niemi meanwhile struggled last season with the Canadiens and likely wasn’t going to find another NHL backup role. Once a top young goaltender who took the Chicago Blackhawks to a Stanley Cup victory, the 35-year old’s play has deteriorated to the point where he was bought out by Dallas and played for three different teams in 2017-18. His .887 save percentage in the most recent season wasn’t enough for the Canadiens to retain him, especially when they have Charlie Lindgren ready to compete for an NHL spot behind Carey Price.
Canucks Will Not Move 10th Overall Pick
If Vancouver Canucks GM Jim Benning was looking for some final answers on his draft board at the NHL Scouting Combine, he found them. Benning tells The Province’s Ben Kuzma that he will stand pat with his first-round pick as the NHL Entry Draft approaches, neither trading the pick away nor moving up or down the draft order:
Coming out of the combine, I felt even better and excited about the player we’re going to get at No. 10. The kids were excellent in the interviews because they can get into a room with adults and sell themselves on what they can do and what they can get better at. I’m super excited about the pick.
Heading into the NHL Draft Lottery in April, there was hope that the Canucks would finally have some luck with the ping pong balls. There was particular excitement over the possibility that Vancouver could land the No. 1 pick and pair Jack Hughes with brother Quinn Hughes. However, the team again missed out on a top pick, sliding back to the No. 10 slot. This prompted some speculation that perhaps Benning and company would look to move the pick, either in a trade for an established player or as part of a package to move up to try and add a difference-maker earlier in the first round.
As it turns out, Benning feels he doesn’t need to move the pick to land that “exciting” player. At No. 10, the Canucks will certainly miss out on the likes of Hughes, Kaapo Kakko, and Bowen Byram and will likely be unable to grab a player like Alex Turcotte, Dylan Cozens, Kirby Dach, and Cole Caufield. However, in such a deep draft class, that still leaves a number of really promising players with a chance to fall into Vancouver’s lap. USNTDP standout forwards Trevor Zegras and Matthew Boldy, WHL product Peyton Krebs, and Swedish blue liner Philip Broberg should all be available, among others with top-ten talent.
One player who is unlikely to be a target of the Canucks? Russian forward Vasili Podkolzin. Not only was Podkolzin not in attendance at the combine, thus unable to sway Benning’s opinion, but Vancouver is also looking to take a step forward sooner rather than later and the dynamic winger is at least two years out contractually from making his presence felt in the NHL. Fortunately, the team will have plenty of other options at that spot and the GM is content to stay put and take what he can get.
Snapshots: Kessel, Malmquist, Vladar
It’s been confirmed by many sources now that Pittsburgh Penguins forward Phil Kessel himself nixed the proposed deal that would have sent him to the Minnesota Wild in exchange for Jason Zucker, among other pieces. What was unclear is exactly why. Kessel is a native of nearby Wisconsin and played his college hockey for the University of Minnesota. It would seem that the Wild would have been a nice fit for the veteran scorer. However, as noted by the Athletic’s Michael Russo, Kessel’s reasoning for turning down the destination is quite simple: he doesn’t think the team is a contender. In fact, after talking to those close to Kessel, Russo phrases it as Kessel didn’t think the team was even “close to contending”. GM Paul Fenton certainly left a mark in his first season at the helm, trading away established veterans Charlie Coyle, Mikael Granlund, and Nino Niederreiter and on paper the team does look to be in more of a rebuild than a title window. Fenton reportedly called Kessel to try to change his mind, but to no avail. Kessel will be 32 next season and has already showed signs of slowing down, so the star winger apparently has his sights set on competing for more Stanley Cups before his playing days are over. That could make the prospect of dealing him that much harder for Penguins GM Jim Rutherford, further limiting Kessel’s trade options to contenders on his eight-team trade list that have both the means and interest in acquiring him. Meanwhile, Fenton and the Wild have to hope that other prominent players, free agents or trade targets, don’t share in Kessel’s pessimistic outlook on the team’s chances or they may have a hard time improving this off-season.
- Kessel’s home of Madison, Wisconsin is set to see another promising player make his way into town in a couple of years. Liam Malmquist, a standout high school forward from Edina, Minnesota, has announced his commitment to play his college hockey for the University of Wisconsin. However, Malmquist will not join the Badgers until 2020-21 and will play next season for the BCHL’s Penticton Vees, the team announced today. Malmquist, 18, is an undersized scoring forward, whose lack of stature and relatively weak competition level likely kept him off the radar of NHL team’s in his first time through the draft last year. However, after recording 52 points in 24 games this year, he’s entered the conversation as a possible late-round overage waiver this June. Malmquist’s older brother, Dylan Malmquist, remains unsigned but just wrapped up a strong collegiate career at the University of Notre Dame. Even if Malmquist is not drafted, he can stay in the pro picture if he is able to replicate or top his brother’s numbers while at Wisconsin. He should be surrounded by plenty of talent too, as Malmquist joins a talented Badgers team that will add top 2019 prospects Alex Turcotte, Cole Caufield, Ryder Donovan, and Owen Lindmark, as well as intriguing 2020 name Dylan Holloway next season and another top 2020 prospect in Tanner Latsch the year after.
- The Boston Bruins have already lost forward Jakob Forsbacka Karlsson and defenseman Emil Johansson to Europe this off-season – even though the team’s off-season has yet to begin – and for the good of their minor league depth hope to avoid any other such losses. However, it is worth noting that AHL goaltender Dan Vladar was the subject of a recent trade in the KHL. Vladar’s rights were acquired by contender Lokomotiv Yaroslavl from HK Sochi in exchange for 22-year-old active KHL forward Alexander Polunin, a somewhat hefty price for just a player’s rights. There has been no word as to whether Vladar has talked about jumping overseas, prompting the trade, but it certainly shouldn’t be ruled out. Vladar, a 2015 third-round pick of the Bruins, is still only 21 but has yet to make an NHL appearance in three pro seasons. Vladar played as the Providence Bruins’ backup this season, making 31 appearances to starter Zane McIntyre‘s 47. Both goalies put up just pedestrian numbers and McIntyre, a pending unrestricted free agent, is not a lock to return. With NHL backup Jaroslav Halak also signed for just one more season, it could be that Vladar remains on the fast track to start for Providence next season and one day back up Tuukka Rask. One would think that position would keep the young net minder stateside. However, he now faces a challenge from other promising young goalies in the pipeline like Kyle Keyser and Jeremy Swayman and may no longer feel that he is guaranteed to ever see time with the Bruins. Such a mindset could see Vladar off to Russia this summer.
Pittsburgh Penguins Extend Chad Ruhwedel
The Pittsburgh Penguins may have a logjam on the blue line as it is, but that won’t stop GM Jim Rutherford from keeping one of his favorite players around. The Penguins have announced a new two-year, one-way deal with defenseman Chad Ruhwedel. The contract carries a minimum $700K AAV.
Ruhwedel, 29, arrived in Pittsburgh in 2016 as a free agent and took on a surprisingly large role for the Penguins as a primary depth option in the regular season and postseason en route to a Stanley Cup title. He played even more last year, skating in a career-high 44 games and starting in the playoffs. However, his career trend went in the opposite direction this season, as Ruhwedel spent almost the whole season in the press box, playing in just 18 games with Pittsburgh and five with Wilkes-Barre/Scranton.
Even in a reduced role, Rutherford and head coach Mike Sullivan were consistent in their praise for Ruhwedel as a reliable depth player and positive locker room influence. In the team’s release detailing the new contract, Rutherford said the following of his extended defender:
Chad has exemplified what it means to be a team player the past two years. His work ethic and conditioning have allowed him to jump into the lineup at a moment’s notice, which is vital to a team’s success.
Ruhwedel was unlikely to land anything other than a minimum contract on the free agent market, so it makes sense that he chooses to return to Pittsburgh where he is comfortable and where he has found success. More likely than not, Ruhwedel will have to clear waivers at some point this season, as the Penguins are well-stocked on the back end. Barring a trade, Ruhwedel joins Kris Letang, Brian Dumoulin, Justin Schultz, Olli Maatta, Erik Gudbranson, and Jack Johnson on one-way contracts, with Marcus Pettersson and Juuso Riikola in need of a new contracts as restricted free agents. The renewal of Ruhwedal does improve the odds that a defenseman is dealt out of Pittsburgh, though.
Senators Notes: Groulx, Roy, Mann, Potential Targets
According to TSN’s Bob McKenzie, new Senators head coach D.J. Smith is expected to hire his own staff in Ottawa. Although GM Pierre Dorion made the final decision on hiring Smith, the team is in the process of finding a President of Hockey Operations and, until that is completed, it appears Dorion will stick with player personnel decisions while Smith is given control of the remaining coaching hires. The one exception though is goaltending coach Pierre Groulx. McKenzie adds that Groulx has already been confirmed as returning to the team next season in the same capacity. Groulx has spent the past three seasons as the Senators’ goalie coach and has a close relationship with veteran starter Craig Anderson. He also had success with Anders Nilsson last season, whose play improved noticeably following a mid-season trade from the Vancouver Canucks. Even if the decision were up to him, it is unlikely that Smith would have opted to move on from Groulx, who was one of the few things that worked well in Ottawa last year.
- Patrick Roy won’t be the next head coach of the Senators obviously, despite so much evidence pointing in that direction. But he won’t be the team’s President of Hockey Operations, either. TSN reports that Roy will return to his post as head coach and general manager of the QMJHL’s Quebec Remparts. Roy purchased the Remparts in 1997 and served as GM and later head coach from 2004 to 2014 before being hired as head coach of the Colorado Avalanche. Roy resumed his role with the Remparts this past season and has decided to stay on with the team rather than continue to pursue other NHL opportunities.
- One interesting decision for Smith will be what to do with current AHL head coach Troy Mann. Mann was also in consideration for the Senators’ head coaching gig alongside Smith, but did not make the cut. Another relatively young coach like Smith, Mann has spent more than a decade now in the minor leagues with a number of different teams and varying degrees of success. However, he garnered some extra attention last year due to his strong work with the young members of the AHL’s Belleville Senators in his first season as the head coach. Mann remains under contract with the Senators it is up to Smith to decide how best to use a valued asset. With many of those top young players expected to play regular roles in Ottawa next season, he could make Mann an assistant on his staff to help with that transition. However, if he feels that Mann is better suited for the minor league level – or wants to avoid a challenge of authority from a fellow candidate – he may instead opt to leave Mann where he is in Belleville.
- One of the more exciting aspects of adding a new head coach, especially at this time of year, is the possibility of their former players being interested in playing for them once again. The Senators’ whopping $37.7MM in projected cap space means they are more or less a blank slate this off-season when it comes to exploring the free agent and trade markets. So who has ties to Smith, a long-time coach for the OHL’s Windsor Spitfires and Oshawa Generals? Well, one of Smith’s stars in his early days as an assistant in Windsor just so happens to be a known fixture on the trade block as well. The Anaheim Ducks’ Adam Henrique played three seasons under Smith and could very likely be on the move this summer as the Ducks seeks to shed salary. Smith could definitely push to acquire Henrique, who would immediately step into a top scoring role with Ottawa. Another name on the rumor mill who played for Smith briefly in Windsor is Zack Kassian of the Edmonton Oilers. Signed for one more year, Kassian would be an affordable, low-risk acquisition to bring some depth, experience, and toughness to the Ottawa lineup. A player who is not being forced out for salary reasons, but has nevertheless outstayed his welcome is the New York Islanders’ Michael Dal Colle. Dal Colle was one of Smith’s best players and leaders with the Generals and was selected No. 5 overall in 2014 due to his production in Oshawa. Yet, five years later, Dal Colle has seven points in 32 NHL games and is no longer considered part of the Islanders’ future core. They may be willing to sell low to the Senators, where the 22-year-old may have better luck under his old coach. On the free agent market, the defensive-minded Tom Kuhnhackl is a former Smith student who fit well under his old coach, but the intrigue here really lies with Smith’s Toronto connections. The man who ran the defense and penalty kill for the Maple Leafs could take a run at two high profile free agent defensemen – Jake Gardiner and Ron Hainsey – as well as two-way forward Par Lindholm, who Smith entrusted with ample shorthanded time in his first NHL season. Smith and the Senators may also flirt with the idea of an offer sheet for Toronto RFA Kasperi Kapanen, who Smith valued as a PK option but also brings a dynamic offensive game. The Leafs may have trouble matching an offer sheet for Kapanen against their tight cap crunch. Two other Toronto players with close ties to Smith are Nikita Zaitsev and Connor Brown, also potential trade casualties of the impending Toronto cap dilemma.
Islanders Re-Sign Brock Nelson To Six-Year Extension
The New York Islanders had four key players approaching unrestricted free agency this off-season, but they have cut that number down to three. The Islanders have announced that they have signed center Brock Nelson to a long-term contract extension. The new deal is six years at $6MM per season for Nelson, who becomes both the highest-paid and longest-signed player on New York’s roster (for now). The full deal breaks down as follows:
- 2019-20: $8.0MM + full no-trade
- 2020-21: $5.2MM + full no-trade
- 2021-22: $8.0MM + partial no-trade
- 2022-23: $5.2MM + partial no-trade
- 2023-24: $5.6MM + partial no-trade
- 2024-25: $4.0MM + partial no-trade
Nelson, 27, bet on himself last summer by signing a one-year, $4.25MM extension with the Islanders in hopes that a breakout season would earn him the long-term, high-paying deal he was seeking. That gamble worked out perfectly, as Nelson enjoyed the best season of his career and had been set to hit the market as likely the third-best center and a top-15 or so free agent. The Islanders knew they had to pay, perhaps even slightly over market value, to keep Nelson and did just that. The six-year term is less of a concern, as Nelson will be just 33 when the contract expires.
New head coach Barry Trotz took an immediate liking to Nelson this season, giving him more than three minutes of extra ice time per night compared to last year, as well as an increased role on special teams. Nelson responded with a career-high 53 points this season and finished third on the Islanders in scoring. He was also New York’s best five-on-five forward, leading the team in even strength goals and points. The team clearly trusts Nelson to continue playing a well-rounded game and growing his offensive ability.
As the first major UFA forward to sign a long-term extension this off-season, Nelson sets the bar for not only his fellow Islanders teammates but for the market as a whole. After signing Nelson, the Islanders still have over $29.2MM in cap space per CapFriendly. The team still hopes to sign forwards Anders Lee and Jordan Eberle, as well as goaltender Robin Lehner. Although Nelson outscored Lee and Eberle this season, the unsigned duo are around the same age as Nelson but have more experience, more scoring history, and simply more talent. The 6×6 deal agreed to by Nelson is unlikely to do the trick for either Lee or Eberle, meaning signing both would chew up more than $12MM of the Islanders’ remaining cap space. It’s still very possible for them to sign all of their key free agents, but not as easy now that Nelson’s deal is in place. Elsewhere on the market, Nelson’s $6MM AAV will likely raise the price tag for the likes of Kevin Hayes, Ryan Dzingel, Gustav Nyquist, and Brett Connolly among others, as each are close in age and platform production to Nelson, albeit Hayes is the only center in the group. This is just the first of what are likely to be several big-name extensions prior to July 1st, but Nelson’s deal will certainly have ramifications in the current marketplace.