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Panthers Notes: Tippett, Tallon

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Breathe easy, Panthers fans. Tenth overall pick Owen Tippett was hit hard (gif via Twitter) during today’s game against the United States during the World Junior Summer Showcase. NHL.com’s Mike Morreale tweeted that it didn’t look good after the hit, but Tippett was able to leave the ice under his own power. Morreale tweeted later that he observed Tippett with his teammates, going through exercises and appearing just fine.  An injury scare for the high scoring winger would have been a difficult blow for Florida. Tippett has a chance to make the roster right out of training camp, and if the skills transfer over, can be a major contributor in the scoring column. The Sun-Sentinel’s Harvey Fialkov wrote about how general manager Dale Tallon believes Tippett to have the makeup of a player who is mature beyond his years. Today’s hit appears to be just a minor incident, and one that shouldn’t stunt Tippett’s chance at making the NHL roster.

  • Tallon was featured in an Athletic article by Scott Powers, who wrote how Tallon holds a special place in his heart for Chicago. Tallon was responsible for the bulk of the drafting and free agent signings that turned the Blackhawks into a model franchise after being a league doormat for nearly a decade. Powers asked Tallon about his thoughts on the Panthers offseason, and he responded as such:

    We had to rework it a little bit. We’re going younger, we’re going faster. We like what we’ve done. We’ve gotten quicker and faster, a little more depth. We added some grit, we added some speed and we added some skill. We got a lot of good young players that we still have coming in our organization that we really like, and we have a real strong core of young players that were injured last year. I think our team is going to be faster and younger and play with a little more energy than we did last year. The new coaches to our coaching staff are really good. I’m excited to work with them and get rolling here.

Tallon admitted that he wasn’t happy about last season and that it was a difficult decision not bringing Jaromir Jagr back, noting that he was great for leadership and exemplifying a strong work ethic. But like many executives in the NHL, Tallon felt it was time to get younger and faster.

 

 

Salary Cap Deep Dive: Detroit Red Wings

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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 figure were taken from CapFriendly.

Detroit Red Wings
Projected Cap Hit:  $78,021,212 (Over by $3,021,212)

Entry Level Deals: 

Dylan Larkin (1 year remaining/$925K)
Anthony Mantha (1 year remaining/$863,333)

Things will get interesting when the Wings sit down to negotiate with both Larkin and Mantha following the 2017-18 season. Both are considered the foundation that the Red Wings will build on for the future, but Larkin saw regression after a torrid rookie campaign in 2015-16. Larkin, who moved back to his native center position after spending the season at wing during his first season, is expected to bounce back. Mantha who scored at a high clip when given the ice time, will command a higher payout should his scoring continue. Mantha could be a 30-goal scorer in the league if the Red Wings allow him to play the role of goal scorer instead of two-way forward. Regardless, both will see a significant bump and this will only tighten things further.

1 Year Remaining

Mike Green ($6MM AAV)
Petr Mrazek ($4MM AAV)
Riley Sheahan ($2.08MM AAV)
Tyler Bertuzzi ($661K AAV)
Ryan Sproul ($625K AAV)
Jared Coreau ($613K AAV)

The deals falling off after the current season will account for a good chunk of change that will allow for Larkin and Mantha to be re-signed with ease. Additionally, some of these contracts, should Detroit struggle again as they’re widely expected to, could net some prospects or draft picks. Green is the likeliest candidate to be spun off while Sheahan is expected to bounce back after an offensive challenging season that saw him left off the goal sheet until the final game of the season.

Sproul will either be re-signed to a minor deal or left to go as other defensemen have rocketed up the prospect list. His suspect defense takes away from his roaring slap shot, which was counted on to one day sustain the Red Wings powerplay. Bertuzzi should see time with the big club, but with Witkowski being a hybrid defenseman/forward, he may be stuck in Grand Rapids as the tie always goes to the veteran in Detroit.

Mrazek is an odd case. Bemoaned for a bad attitude coupled with a below average season, it can’t be expected that unless he puts up Vezina like numbers or dramatically changes his standing with the team that he’ll be back. Though he could be dealt, teams have made it clear they’re not interested, which makes it likely both teams walks away at the end of the term. Coreau will likely see time like he did last season when either Mrazek or Howard were injured.

Apr 9, 2017; Detroit, MI, USA; Detroit Red Wings goalie <a rel=

2 Years Remaining

Jimmy Howard ($5.29MM AAV)
Niklas Kronwall ($4.75MM AAV)
Gustav Nyquist ($4.75MM AAV)
Xavier Ouellet ($1.25MM AAV)
Nick Jensen ($812.5K AAV)
Luke Witkowski ($750K AAV)

Howard was expected to be dealt or drafted in the expansion draft until stories of Mrazek surfaced. Instead, Howard is now seen as the #1 goalie in Detroit. The contract itself, however, has been a bust as Howard has either not been healthy or inconsistent during the duration of the deal. It’s very likely that Kronwall ends up on the LTIR as he is literally skating on one knee. His mobility, and puck moving ability has deteriorated quickly, but the Red Wings still insist on giving him minutes on the power play. Should he not end up on the LTIR, he will most likely see his minutes decrease, which only makes his contract look worse.

Nyquist is a curious story as he was paid to score goals, but has still been very productive on the ice, being a boon for teammates in terms of setting up scoring chances. Witkowski was added for “grit” at a relatively cheap price.

The Red Wings cap issues began with some of these deals–offering money for players who didn’t exactly stay consistent with expectations. Things get considerably worse as years were added.

3 or More Years

Jonathan Ericsson ($4.25MM AAV – 3 years remaining)
Trevor Daley ($3.167MM AAV – 3 years remaining)
Henrik Zetterberg ($6.08MM AAV – 4 years remaining)
Tomas Tatar ($5.3MM AAV – 4 years remaining)
Darren Helm (3.85MM AAV – 4 years remaining)
Luke Glendening ($1.8MM AAV – 4 years remaining)
Frans Nielsen ($5.25MM AAV – 5 years remaining)
Danny DeKeyser ($5MM AAV – 5 years remaining)
Justin Abdelkader ($4.25MM AAV – 6 years remaining)

Mar 24, 2016; Detroit, MI, USA; Detroit Red Wings center <a rel=

Here’s where the Red Wings have run into problems. The vast majority of players owed the bulk of dollars and years are not living up to expectations or are regressing with age. Zetterberg will be owed a sizable contract for another four years, and Father Time will slow him from his great season last year. Nielsen is also on the books for awhile, and is nearing his mid-30’s which doesn’t bode well for his numbers or the team’s overall performance.

But Ericsson, Glendening, Helm, DeKeyser, and Abdelkader have head scratching deals that could cripple Detroit for years to come. None of the aforementioned are top tier players, and Helm, Glendening, and Abdelkader are at best, third line forwards. Ericsson continues to struggle while DeKeyser is not a top pairing defenseman, yet is paid as one. The addition of Daley seems more cosmetic–an indicator that Detroit still wants to be considered a playoff team. But his projected 20 points will do little to help a team that has yet to reach bottom. When the figures are added, Detroit owes approximately $38.94MM of its cap to these players. Outside of Tatar, who just re-signed, this is problematic for a team that believes it can compete in the playoffs.

Buyouts

Stephen Weiss ($2.566MM AAV this season, $1.67MM AAV through 2021)

LTIR

Johan Franzen ($3.94MM AAV – 3 years remaining)

Un-signed

Andreas Athanasiou (RFA)

Best Value – Tomas Tatar
Worst Value – Justin Abdelkader

What does the future hold? 

These aren’t the Red Wings of the 90’s or 2000’s where a blank check is afforded to get the best players. Detroit has serious issues in terms of cap management, and recent stories of the no-trade clauses afforded with many of these contracts are problematic as well. General manager Ken Holland has painted himself into a lonely corner, and a poor showing this season could possibly spell doom for his long tenure with Detroit. Maybe things will go favorably for Detroit this season, but after a challenging 2016-17 campaign and very little improvement on the roster, the Red Wings will be hard pressed to stay afloat in a competitive division and conference. Though they could try to peddle contracts away, the long terms and excessive dollars make it challenging for Holland and company to get them off the books–or worse–getting any value for those players shipped off.

Photos courtesy of USA Today Sports Images

East Notes: Bylsma, Guentzel, Rowney

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The Athletic’s Craig Custance caught up with former Pittsburgh Penguins and Buffalo Sabres head coach Dan Bylsma who had some thoughts on how the Detroit Red Wings should approach their roster. Ironically enough, Bylsma grew up a Detroit fan, since he was a Michigan resident. Custance quizzed Bylsma on a number of topics, including a Red Wings rebuild and his time with the Sabres. On the Red Wings, Bylsma admits that Detroit is no longer model franchise in the league and that fans will “never see” the team they once saw that featured bonafide stars like Luc Robitaille, Brett Hull, Steve Yzerman, and Sergei Fedorov, to name a few. The former bench boss guesses that the Red Wings roster will look dynamically different in three years as they’ll be forced to rebuild a team that has certainly struggled. He also believes fans are ready for a rebuild, preferring to see a competitive team that grows into playoff dominance instead of keeping the “streak” alive with aging players and early playoff exits. He doesn’t believe, however, that the Red Wings need a total teardown to win. Instead, he thinks that steady drafting can keep Detroit relevant without ripping out the foundation.

  • When it came to talking about Buffalo, however, Bylsma was coy. When he arrived in Buffalo, the team was in the midst of a tear down and rebuilding with the likes of Jack Eichel, and other young, dynamic players. While there were some strides, last season was disastrous, costing both Bylsma and former general manager Tim Murray their jobs. Bylsma admits to Custance that he didn’t want to talk about what happened in Buffalo while explaining that Detroit hasn’t gutted things like Buffalo did. He also believes that a teardown-build up program takes several years, sometimes up to five. That’s understandable from his vantage point, given that he only had two years in Buffalo to try and win. It has to be said that Toronto’s resurgence couldn’t have helped matters, as the Leafs not only qualified for the playoffs, but gave Washington a scare in the first round.
  • NBC Sports’ Adam Gretz writes that with Connor Sheary re-signed, the Pittsburgh Penguins will turn their attention to grabbing a third line center. He makes a couple suggestions, wondering if Jake Guentzel could move over to center line or if youngster Carter Rowney is ready for full time duty. The most realistic option, Gretz believes, is for Pittsburgh general manager Jim Rutherford to explore trades to fill the vacancy and give the Pens a solid chance to win their third consecutive Cup.

Snapshots: Malgin, Sheary, Walker

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The Florida Panthers are a team looking for a reboot after a disappointing campaign. GM Dale Tallon seems to have adopted a total shift in philosophy after buying out Jussi Jokinen and passing on re-signing Jaromir Jagr. The team is opting for a more total youth movement, particularly on offense. In an article with NHL.com’s Alain Poupart, the undersized Denis Malgin spoke about his hopes for the 2017-18 campaign.

Malgin only scored 6 goals and 4 assists in his 47 contest in the NHL last season, but undoubtedly has skill. The former Zurich SC (Swiss A) prospect is known for his craftiness with the puck and his vision for making plays. As any 5’9 player will attest, physicality will be a huge hurdle for him going forward. Still, he only needs to look to recently-ex Panther Jonathan Marchessault to realize that solid offensive instincts can trump a small stature. Malgin, a center, will look to make a more permanent home in Florida this season, although training camp will determine where he begins the year. At only 20 years old, he has plenty of time to improve and bulk up physically.

  • The Conor Sheary contract announced earlier today could turn out to be quite the bargain for the Penguins. The miniature winger’s chemistry with captain Sidney Crosby is undeniable, and he exploded with offensive production alongside him. With 53 points in only 61 games, if Sheary can maintain that sort of productive pace, he will be one of the more cost-effective wingers over the course of his contract. Speaking with the Post-Gazette’s Jason Mackey, Sheary said he hoped to prove that this past season wasn’t merely a “one-time thing”. If he can put 3 more campaigns anywhere near as successful as 2016-17, he’s assured to be paid quite a bit more on his next contract. Durability is a concern, but he did appear to absorb harder impacts less regularly as the year progressed.
  • Nathan Walker of the Washington Capitals re-signed with the organization at the beginning of the month, after playing the past two seasons in Hershey. As the Capitals are in a bit of a cap crunch, they will be relying on younger, cheaper players like Walker to fill holes, especially on the third and fourth lines. Walker, like the other two players in these snapshots, needs to prove that he can overcome his short height. At only 5’8, Walker plays a game well above his size. He can handle physicality and his energy can jump-start a shift in a pinch. He also has some level of offensive capability – he’s netted 64 points through 131 AHL contests in the last two seasons. Walker is particularly interesting to trivia buffs, because were he to make an NHL appearance (as seems likely), he would be the first Australian-born player to do so, as noted by Adam Gretz of NBC Sports. Walker’s competition in camp, as of now, isn’t too intimidating. Assuming Jakub Vrana makes the lineup, Walker will only need to beat out the likes of Travis Boyd, Wayne Simpson, Riley Barber and a host of AHL journeymen and minor prospects to cement his playing time.

Flyers’ Bloated Forward Contracts Becoming Issue

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The Philadelphia Flyers haven’t seen the second round of the post-season since 2012, and in those 5 seasons since, missed the show entirely 3 times. For a team that spends as much on offense as the Flyers, their production has been incredibly mediocre. Many point to the seemingly never-ending goaltending carousel as the root cause of the team’s woes, and they wouldn’t be entirely incorrect. That said, over the last four seasons, their goals for per 60 minutes (GF60) is good for only 25th league-wide. That puts them above only the Vancouver Canucks, Carolina Hurricanes, Arizona Coyotes, New Jersey Devils, and Buffalo Sabres in that timeframe. In short, their offense has been remarkably underwhelming for years. And yet, the team is allocating $47.32 MM of its available $75 MM to its forward group in 2017-18, with most of that money tied up in only a handful of skaters. For comparison’s sake, that’s more than $5 MM more than their divisional rivals in Pittsburgh or Washington.

Leading the pack in terms of bloated contracts are the team’s captain Claude Giroux and last season’s team-points-leader Jakub Voracek. Neither player is detrimental to the cause – they both have tallied multiple 50+ point seasons with relative consistency. That said, their contracts are some of the most exorbitant in the league. Giroux’s $8.275 MM AAV for the next 5 seasons puts him in an elite group of forwards. So does Voracek’s $8.25 MM for the next 7 seasons. This places them 12th and 13th respectively among the highest paid players league-wide for the 2017-18 season. Giroux’s career PPG is .87, while Voracek’s is a measly .71. Excluding defensemen P.K. Subban and goaltender Henrik Lundqvist, these stats simply don’t match up to the rest of the “elite” group. Jonathan Toews’ and Anze Kopitar both also account for around .87 PPG, but unarguably do far more on the defensive side of the puck than the simply capable Giroux. One of these bloated contracts alone would be a hindrance; two on the same roster is nearly insurmountable.

Further down the roster, you see other albatross contracts. Valtteri Filppula was acquired by the Flyers to shore up the center position and increase playmaking ability. He only scored 8 points through 20 games in Philadelphia. Thankfully for the Flyers, his $5 MM contract expires at the end of 2017-18. Jori Lehtera was acquired this off-season in a bizarre move for Brayden Schenn, who arguably saw a great deal of improvement last season. Lehtera has only two seasons remaining at $4.7 MM, but his only effective (44 points) season is two years in the past. He scored only 7 goals all last season. Then there’s Sean Couturier, who while not a total dud, has failed to progress the way the organization hoped when they drafted him with the 8th overall in 2011 acquired as part of the Jeff Carter transaction. He provides solid defensive play, but he has never broken 40 points, and seemingly regressed last season, falling out of Selke conversations. He has 5 seasons remaining at a moderate $4.33 MM AAV. Wayne Simmonds (the one true bargain on the team) and Matt Read both make over $3 MM, while Dale Weise and Michael Raffl both draw over $2 MM. For a team that truly struggles to put the puck in the net, a lot of money is being spent on marginal players.

Ultimately, the Flyers are in a difficult spot playing in the Metropolitan Division. With the high-flying, offensively-dynamic Washington Capitals and Pittsburgh Penguins competing for playoff positioning, the inclination to try and duplicate those franchises is only natural. The team did luck into a dynamic, potentially franchise, talent in Nolan Patrick, which may help alleviate some of the problems with consistent offensive production. That said, if the Flyers continue to struggle this season, look for some of the offensive big guns to find themselves on the trading block. Excluding the one year of Filppula and the incredibly valuable Simmonds, only Giroux has any sort of no-movement clause. With Ivan Provorov and Shayne Gostisbehere looking to be core pieces on the back-end for many years, the day may soon come where an offensive overhaul visits Philadelphia. GM Ron Hextall will have money moving out in the next few seasons, but he undoubtedly has decisions to make going forward, particularly if this season again falls short of a playoff appearance.

Islanders’ 2017-18 Season Could Spark Roster Turnover

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The New York Islanders have a difficult season ahead of them, not least of which the arena uncertainty which has been plaguing the team for a decade. After a tumultuous season in Brooklyn at the Barclay’s Center, many fans are simply concerned with finding a proper home in the New York area. Additionally, much attention has been paid to the impending unrestricted free agency of John Tavares at the conclusion of the season. There is good reason for the fanbase’s focus to be centered around captain Tavares, as he will likely be the domino that needs to fall first. That said, the Islanders have 11 expiring NHL contracts at the end of the 2017-18 season, and if the team fails to make the playoffs again, even more expansive changes could be on the horizon.

It should be noted that the Islanders weren’t entirely quiet this off-season, as GM Garth Snow made some unorthodox but ultimately effective moves with Vegas to shield younger players and ship out injured Mikhail Grabovski’s contract. Perhaps more importantly, regards to retaining Tavares, was the acquisition of good friend and skillful finisher Jordan Eberle to play on the star center’s wing. Travis Hamonic was able to be moved for a hefty return from Calgary, and although the team was unable to draw in names from free agency, their young forwards look capable of taking a step forward this season. Although Snow has certainly struggled at times in his tenure, this off-season went about as well as could be expected. All that remains is to sign RFA Calvin de Haan.

The panic begins to set in when you compare the Islanders’ roster with that of the rest of the Metropolitan Division. Pittsburgh will again be a contender. Washington got worse but still won the President’s Trophy last season. Columbus almost unquestionably improved their roster on paper. Carolina added depth in all areas of the ice, including Scott Darling in net. The New York Rangers saw a massive upgrade on defense by subtracting Dan Girardi and adding Kevin Shattenkirk. And the less intimidating Philadelphia Flyers and New Jersey Devils each added a monumental talent to their forward groups at the draft in Nolan Patrick and Nico Hischier, respectively. It’s rather arguably the toughest division in the entire league, and the Islanders will have no guarantees of making the playoffs. If they fail to do so, Tavares may only be the beginning of their issues.

Among the unrestricted free agents after the conclusion of the season are Nikolai Kulemin, Josh Bailey, Jason Chimera, Thomas Hickey, Dennis Seidenberg, Jaroslav Halak and the aforementioned Tavares. The restricted free agents on NHL contracts include Brock Nelson, Shane Prince, Alan Quine, Ryan Pulock, Scott Mayfield. Although no name on either list is truly vital, losing 4 or 5 free agents for nothing at the conclusion of the season could be a disastrous error in asset management. Bailey and Hickey in particular may attract solid interest at the trade deadline, but Snow and management will necessarily be determined to make the post-season. If they are still in contention for a spot, it’s hard to see them shipping any roster assets away as long as they are not mathematically eliminated. This situation will only become more dramatic if the Tavares negotiations are still ongoing.

Plainly, the worst case scenario for the Isles would be that Tavares leaves at the conclusion of the year. But it must also be realized that the longer the process drags on, the more consideration might be paid to the feasibility of moving him. The coming season cannot be the entire focus of the franchise. If minimal progress is made by the new year, the team could see a situation where an important cog on the team might leave for absolutely nothing. Worse, his situation may lead to the sacrificing of other assets in the confusion. The Islanders dealt with this last off-season when Frans Nielsen decided to depart for Detroit, stunning Islanders management. Repeating such a mistakewould be absolutely inexcusable, and if unrestricted free agents are unwilling to re-sign or no longer part of the team’s future, they must be moved in the interest of the organization.  The same goes for Tavares. Although losing Tavares would be absolutely crippling, it would be fatal to lose him without recouping any assets whatsoever.

Minor Transactions: 7/25/17

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For a Tuesday in late July, it’s been an especially busy day for hockey transactions, including the NHL signings of Mika Zibanejad with the New York Rangers, Robin Lehner with the Buffalo Sabres, Mark Streit with the Montreal Canadiens, and several deals by the Colorado Avalanche and New Jersey Devils. Yet, there has been a flurry of notable activity in the AHL and overseas today too, including the following:

  • The once-promising NHL career of Matt Fraser has taken another odd turn away from its original path. Fraser, still just 27 years old, has signed with Dornbirner EC of the EBEL, a lower tier European league based mostly out of Austria. The team has announced the deal, though terms have not been released. Fraser moves to the EBEL after a season in Sweden, where injuries limited him to only four games with Rogle BK. Before that, many will remember Fraser as a star in the AHL for the Texas Stars and, after the Tyler Seguin trade, the Providence Bruins. Fraser even played in 60 NHL games with the Boston Bruins and Edmonton Oilers in 2014-15 and looked to be on his way to becoming an NHL regular. However, after signing a one-year deal with the Winnipeg Jets in 2015 and failing to make the team, Fraser had the worst AHL season of his career and decided to head overseas. So far, it has not worked out, but Fraser will now try his hand at EBEL action, where he could easily be the best player for Dornbirner, who currently count another former Bruin, Jamie Arniel, as their top scorer.
  • Another player who failed to meet expectatiosn in North America and will now head to a lesser European league is Dane Fox. The former Erie Otters superstar, who scored 107 points in 67 games in his final OHL season, has not found anywhere near the same success at the pro level. A high-profile signing by the Vancouver Canucks in 2014, the undrafted forward has made his last junior season look very much like a fluke with his play since then. Fox has skated almost exclusively in the ECHL over the past three seasons, playing in only two AHL games and not even in consideration for an NHL look with the Canucks and Carolina Hurricanes. Now, Fox will head to Germany to play with the Nurnberg Ice Tigers of the DEL. Nurnberg is the likely favorite in the DEL next season and roster many players with NHL experience, including 2016-17 top scorer Steve Reinprecht and recent signee Tom Gilbert. Fox’s pro hockey career is very much up in the air right now, but if he can shine through on an experience Ice Tigers roster, perhaps he’ll get another shot in North America .
  • The AHL’s San Diego Gulls, the Anaheim Ducks’ affiliate, has re-signed forward Jordan Samuels-Thomas to a two-year minor league deal, the league announced. The 27-year-old recorded a pro career-high 24 points and +13 rating for the Gulls last year and is a fan favorite and active member of the San Diego community. The former NCAA standout was a seventh-round pick of the Atlanta Thrashers in 2009, but was never signed to an entry-level deal after spending five years in college.
  • The Chicago Wolves, now the new affiliate of the Vegas Golden Knights, have signed one of their own, inking Scooter Vaughan to a one-year deal, according to a team release. The hard-nosed defenseman worked his way up through hockey’s ranks, spending four years at the University of Michigan, three years in the ECHL, and going on four years in the AHL, with the last two spent in Chicago. The next stop could be the NHL, now that the Wolves are associated with the Knights, who obviously have the least organizational depth of any team in the league. A career-best performance in 2017-18 could earn Vaughan his first NHL contract next year.
  • A pair of AHL defenseman will change teams for the upcoming season as Paul Geiger, recently of the Rochester Americans, has signed with the Hershey Bears, the Washington Capitals’ affiliate, while the Carolina Hurricanes’ minor league partners, the Charlotte Checkers, have signed former St. John’s Ice Caps defender Josiah Didier. Both Geiger and Didier are still just 24 years old and were solid college players, at Clarkson and Denver respectively, but need big seasons with their new teams after pedestrian starts to their pro careers, that is if they want to reach the NHL someday.
  • The 2016-17 captain at Rensselaer Polytechnic Institute (RPI) has found his new home, and he’s in a good spot. Riley Bourbonnais, a 23-year-old center who was nearly a point per game player for RPI last year, has inked his first AHL deal with the Wilkes-Barre Scranton Penguins, the feeder team of the two-time Stanley Cup champs. The team announced their newest addition and have high hopes that he can bring the same well-rounded game he showed in college to the pros.

Evening Notes: Hurricanes’ Ownership, Oduya, Dumoulin

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For anyone trying to pay attention the Hurricanes’ ownership struggles, another chapter has been added to the ongoing saga. The team, currently owned by a group headed by Peter Karmanos, Jr., has been rumored to be up for sale for some time. The financial situation of the team is difficult, as attendance issues over the past few years have brought monetary losses and concern from other owners around the league. Still, it seems that Carolina is nowhere near the dire situation of the Arizona Coyotes, whose decade-plus-long fiasco has bewildered onlookers and hockey fans for quite some time.

Not long ago, a potential buyer for the Hurricanes, one Chuck Greenberg, supposedly offered $500 MM to acquire the franchise. This was reported by Scott Soshnick of Bloomberg and The Denver Post, and confirmed by others. Afterwards, the Karmanos group responded by saying the reports were essentially misleading, and then were called “fake news” in an article published by Forbes. Technically, it was a non-binding letter of intent and not an official offer, but that shouldn’t discount the strong possibility of an impending team sale.

Today we learned that Greenberg showed up at the team’s practice facility, thanks to some wonderful reporting by The News & Observer’s Chip Alexander. Greenberg stopped by the Raleigh Center Ice location, and essentially conducted a “fact-finding trip”. The whole situation is confusing largely because the franchise’s estimated value has plummeted and the offer is exceptionally fair. Additionally, the Karmanos group has been looking to sell the Canes for years to a team that will keep them local. This was reported yet again this January by NBC’s Adam Gretz, and it’s no secret there is desire from the fanbase for a change in direction. Greenberg seems to be a perfect solution to the situation, as he has local investors involved and stated no plans for relocation. As of now, there seems to be a lot going on behind the scenes, and many moving parts. Still, a change in ownership seems more likely today than it did yesterday.

  • After today’s earlier announcement of the Brian Dumoulin 6-year, $4.1 MM AAV signing, it has been revealed that the Penguins’ shutdown force played with a broken hand. The Post-Gazette’s Jason Mackey reported that Dumoulin kept re-breaking the fracture before it could heal, during the course of normal play. He broke it after blocking a slapshot in the fifth game of the first round against Columbus, The dependable stay-at-home defender played incredibly well, often matching up against top opponents and maintaining solid body position boxing out attackers in front of his goaltenders. He even tallied two goals throughout the Stanley Cup run, so the nature of the injury does come as a little surprising. He and the Penguins medical staff considered the possibility of Dumoulin undergoing surgery this off-season to repair the damage, but it no longer seems necessary. Dumoulin believes the injury has healed well enough on its own and that he should be ready for action come season opener.
  • Johnny Oduya shocked many by signing a deal so soon for $1 MM and bonuses, as Ottawa had apparently been courting him since “July 2nd”. As I reported yesterday, interest for the player never really openly surfaced among the insiders of the league. Oduya comes at great value for the Senators, and GM Pierre Dorion expressed his glee at a press conference you can find partially transcribed by Craig Megdalia here. Essentially, Dorion felt the move was absolutely necessary considering the loss of veteran Marc Methot to expansion (before being shipped to Dallas), and although he has confidence in his younger players, he couldn’t miss the opportunity to bring in “a true pro”. By the sound of it, Dorion expects coach Guy Boucher to likely place Oduya in a prominent role, which could push out a younger player such as Thomas Chabot.

Defensive Logjam In Dallas Not Concerning

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The Dallas Stars are in an enviable position, but one that might prompt a trade in the near future. After years of drafting heavily on defense, their prospect pool at the position is incredibly deep. Heading into training camp, at present, they will have at least 9 defensemen fighting for 7 roster spots. Theoretically, the could keep 8 on the roster for a time and keep only one spare forward, but ultimately, someone is going to lose out.

As of today, the team has Marc Methot, John Klingberg, Dan Hamhuis, Esa Lindell as their highest paid defenders. They also have Patrik Nemeth, Greg Pateryn, and Stephen Johns signed to NHL contracts, who are all over the age of 25 and would be waiver eligible if the team attempted to waive them for AHL use. There is also the still promising Jamie Oleksiak, an RFA who still needs to negotiate his contract. Finally, Julius Honka looks ready to take an NHL roster position after spot duty in Dallas last season. There are also more defensemen on the horizon, including the steal of a first-round pick of this season, Miro Heiskanen. Heiskaen is likely to return to his native Finland, but less talented players have forced teams to keep them on board. So, who makes the team? And will anyone be on the move?

Discounting the most expensive four, Nemeth and others should be concerned about being usurped. It seems that Honka has proven everything he can at the AHL level, and with his talent could end up outclassing everyone not named Klingberg or Methot with a good camp showing. Still, he can be moved down without needing to clear waivers. Oleksiak has shown real flashes as a former first-round shutdown player, but Pateryn and Nemeth both ended up playing a similar number of contests last season, and are second-rounders themselves. Despite limited action, their possession numbers were solid (49.9% and 51.3% respectively Corsi For) and there aren’t major faults in either players’ games. Oleksiak still has kinks to work out in his game, but his size (6’7) is probably just too tempting to move him at the tender age of 24. Johns played more games of any of the others, and brings a physicality that will likely endear him to new head coach Ken Hitchcock, despite his other shortcomings.

Ultimately, this is a camp that will be brutally competitive. The Stars won’t want to lose any of these players for nothing. Teams are always looking for youngish defenders on the cheap, and both Pateryn and Oleksiak would fit that bill nicely. Hamhuis would be tempting to move out, but he still eats a ton of minutes and provides veteran leadership to a young group. Lindell isn’t safe either, and moving his salary ($2.2) would be more helpful than unloading the cheap Pateryn or Johns. At the end of the day, it’s a wonderful problem to have, as depth at the position is always integral when players go down to injury. The Dallas Morning News’ Mike Heika is probably correct in his prediction that the organization will allow the situation to sort itself out on its own. Internal competition can be healthy, and by September many teams will be desperate to fill defensive holes on the cheap. Still, it will be a fascinating situation to watch develop.

Dead Space: Bought-Out, Buried, And Retained Salaries For Every Team

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It’s something that often goes unnoticed, but with the cap showing minimal growth the last few years, teams are starting to feel the crunch more than ever. Buyouts have become more common, especially with players with under three remaining years on their contracts. And it’s not just the big name busts that have seen the ax lately – we’ve seen lesser names at lesser money take the fall for their respective teams, then needing to scramble for work elsewhere in the league. Additionally, salary retention in trades has become a more utilized tactic as of late. Teams with “unmovable” contracts have offered to retain part of a poor contract in order to entice a team into giving them some relief.

All this said, some teams have been better with foresight than others. Some teams have shown a track record of being entirely unable of handing out poor contracts over the past five or so seasons. Considering many teams showed some progress in being more frugal this off-season, it seems a wise time to review the dead space every team has accumulated, either due to poor management decisions or poor luck.

Colorado Avalanche – $4.83 MM in 2017-18, issues resolved after current year – Francois Beauchemin buyout; Cody McLeod retained

Arizona Coyotes – $4.61 MM in 2017-18, issues resolved after 2020-21 – Mike Smith retained; Mike Ribeiro, Antoine Vermette buyouts

Columbus Blue Jackets – $4.025 MM in 2017-18, issues resolved after 2020-21 – Fedor Tyutin, Jared Boll, Scott Hartnell buyouts

Carolina Hurricanes – $3.71 MM in 2017-18, issues resolved after 2020-21 – Eddie Lack retained; Alexander Semin, James Wisniewski buyouts

Toronto Maple Leafs – $3.28 MM in 2017-18, issues resolved after 2021-22 – Tim Gleason, Jared Cowen buyouts; Phil Kessel retained

Nashville Predators – $2.83 MM in 2017-18, issues resolved after 2018-19 – Viktor Stalberg, Eric Nystrom, Barret Jackman buyouts

Boston Bruins – $2.73 MM in 2017-18, issues resolved 2019-20 – Dennis Seidenberg, Jimmy Hayes buyouts

New York Rangers – $2.61 MM in 2017-18, issues resolved after 2022-23 – Dan Girardi buyout

Minnesota Wild – $2.5 MM in 2017-17, issues resolved after current year – Thomas Vanek buyout

Los Angeles Kings – $2.4 MM in 2017-18, issues resolved after 2023-24 – Matt Greene buyout; Mike Richards termination/recapture

Edmonton Oilers – $2.33 MM in 2017-18, issues resolved after 2020-21 – Lauri Korpikoski, Benoit Pouliot buyouts

Anaheim Ducks – $2.21 MM in 2017-18, issues resolved after 2023-24 – Mark Fistric, Simon Despres buyouts; Patrick Maroon retained

Vancouver Canucks – $2.13 MM in 2017-18, issues resolved after 2021-22 – Roberto Luongo, Jannik Hansen retained; Chris Higgins buyout

New Jersey Devils – $2.09 MM in 2017-18, issues resolved after 2023-24 – Mike Cammalleri, Devante Smith-Pelly buyouts; Ilya Kovalchuk recapture

Tampa Bay Lightning – $1.83 MM in 2017-18, issues resolved after 2019-20 – Matt Carle buyout

Calgary Flames – $1.82 MM in 2017-18, issues resolved after 2018-19 – Mason Raymond, Lance Bouma, Ryan Murphy buyouts

Detroit Red Wings – $1.67 MM in 2017-18, issues resolved after 2020-21 – Stephen Weiss buyout

Dallas Stars – $1.5 MM in 2017-18, issues resolved after 2018-19- Antti Niemi buyout

Philadelphia Flyers – $1.5 MM in 2017-18, issues resolved after current year – R.J. Umberger buyout

Winnipeg Jets – $1.46 MM in 2017-18, issues resolved after 2018-19 – Mark Stuart buyout

Florida Panthers – $1.33 MM in 2017-18, issues resolved after 2018-19 – Jussi Jokinen buyout

Las Vegas Golden Knights – $1.1 MM in 2017-18, issues resolved after current year – Alexei Emelin retained

Ottawa Senators – $350,000 in 2017-18, issues resolved after current year – Andrew Hammond buried

Buffalo Sabres – Minimal in 2017-18, increased issues ($791,00) resolved after 2022-23 – Cody Hodgson buyout

 

 

Chicago Blackhawks, St. Louis Blues, Washington Capitals, Pittsburgh Penguins, New York Islanders, San Jose Sharks,  Montreal Canadiens – No dead cap space

After compiling the list, it became clear that utilizing these options isn’t a complete hindrance to competing in the NHL. In fact, most clubs have between $1 MM and $3 MM in dead space. That said, of the teams that have not needed to utilize the buyout or retention options, there has been a great deal of success. And among the five worst offenders, the Leafs, Hurricanes, Blue Jackets, Avalanche, and Coyotes, none has moved past the first-round in multiple years. It’s hard to draw massive conclusions without taking the context of each individual situation into account, but there is something to be said for making every dollar of cap space count. Perhaps this is merely a byproduct of past success rather than an indicator of future success, but considering how amenable many managers have become to the option, it bears consideration.

(All totals courtesy of the fantastic CapFriendly.com)

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