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Patrick Kane

New York Rangers Acquire Patrick Kane

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Though it has been evident for a while that Chicago Blackhawks legend Patrick Kane would be joining the New York Rangers, what wasn’t so clear is the price they would be forced to pay for him.  That price is now known as the trade has been finalized with Kane and defenseman Cooper Zech heading to the Rangers as part of a three-team trade that also involves Arizona.  Chicago receives a 2023 conditional second-round pick and a fourth-round pick along with defenseman Andy Welinski from New York along with the rights to blueliner Vili Saarijarvi from Arizona while the Coyotes receive a 2025 third-round pick from the Rangers for brokering the deal by retaining 25% of Kane’s contract after Chicago held back the maximum 50% of his $10.5MM AAV.

The 2023 second-rounder can become a first-round selection if the Rangers make it to the Conference Finals. It would then be conveyed in either 2024 (top-10 protected) or 2025.  The third-rounder going to Arizona will either be the Rangers’ own pick or the better of theirs and Dallas’ if defenseman Nils Lundkvist has 55 points combined this season and next which would transfer the Stars’ 2025 selection to New York.

Just as it played out with Claude Giroux last season, a franchise icon with full no-movement protection essentially dictated his destination, resulting in an underwhelming return. The Blackhawks were not able to land a guaranteed first-round pick in the deal, but will send Kane to his preferred team and still recoup some value.

When it became clear that the Blackhawks were tearing it down to rebuild through the draft, it made little sense for them to re-sign Kane in the offseason. If he was going to leave anyway, getting a second (or first) before he walked out the door only helps the efforts of general manager Kyle Davidson. Kane wasn’t forced out the door, but will now get another chance at the Stanley Cup this season with a loaded Rangers club.

After New York acquired Vladimir Tarasenko earlier this month, it appeared they were out of the running for Kane. They had a tight cap situation and had made their significant acquisition. Even Kane seemed to know he wouldn’t be headed to New York, telling reporters that it seemed like they had “filled their void” with the deal.

But now, with the help of some creative cap gymnastics, the Rangers have made enough room to land both star wingers, giving them a forward group that looks like an All-Star roster.

He also leaves Chicago with a legacy that will be hard to beat. While Kane sits second on the all-time Blackhawks scoring list, many will remember him as the most talented player in franchise history. His 1,225 regular season points came in just 1,161 games, numbers that will have him in the Hall of Fame one day.

Now 34, Kane will be an unrestricted free agent this summer unless he signs an extension with the Rangers. That certainly seems possible, though it will be difficult for New York to fit everyone in, giving some raises they own to some other players. For now, the focus will be on winning the Stanley Cup after loading up as much as they can.

Should they reach the third round, and fork over a first-rounder to Chicago, the Blackhawks would then own seven first-round selections over the next three years. After picking three players at the top of the 2022 draft, their system will quickly be loaded with talent that can mature together. Perhaps they’ll find the next star in that bunch, but simple probability suggests they won’t find another Kane.

Daily Faceoff’s Frank Seravalli was the first to report the draft picks while ESPN’s Emily Kaplan was the first to report the conditional element on the second-rounder.  PHNX Sports’ Craig Morgan was the first with the return for Arizona’s involvement.

Photo courtesy of USA Today Sports Images.

Morning Notes: Cap Circumvention, Chychrun, Kane

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According to Chris Johnston of NorthStar Bets, the NHL sent out a memo this morning to teams explaining that they would “closely scrutinize” any trades of injured players with the express intent of keeping them on long-term injured reserve until the playoffs. Gustav Nyquist is a perfect example of this kind of trade chip, as he is not expected back in the regular season.

Scrutiny is one thing, but it’s hard to believe that the league would put a complete stop to these moves. In 2021, the Toronto Maple Leafs acquired Riley Nash, knowing he wouldn’t be ready before the playoffs, only to activate him for game one. It might mean a closer look at situations like Adam Henrique, as the Anaheim Ducks forward is not expected to miss the rest of the season, but is still on the shelf for another few weeks. Any acquiring team would likely be expected to activate him (and have the room to do so) well ahead of the playoffs, instead of waiting for the salary cap to disappear on day one of the postseason.

  • More smoke is rising from the Arizona Coyotes, who have one of the biggest trade chips in Jakob Chychrun sitting in the press box. Bruce Garrioch of Postmedia reports that the Los Angeles Kings, Washington Capitals, Carolina Hurricanes, Pittsburgh Penguins, and Edmonton Oilers are all pursuing the Coyotes defender. Chychrun hasn’t played since February 10 as he awaits his new destination.
  • Elliotte Friedman of Sportsnet points out that the New York Rangers don’t actually have to wait until tomorrow to acquire Patrick Kane, only past today’s salary cap threshold. The cap is calculated on the active roster at 4pm CT every day, meaning the Rangers could land Kane a few minutes later and have him applied to Wednesday’s number instead. All signs continue to point to Kane joining the Rangers this week, potentially even in time to take on the Philadelphia Flyers tomorrow night.

Scratch Notes: Kane, Lafferty, Meier

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With the trade deadline now less than a week away, more teams are starting to sit their players to avoid any risk of injury that could scuttle a pending move or complicate ongoing discussions.  With that in mind, here’s a rundown of players in that situation that are out of the lineup today.

  • The Blackhawks announced (Twitter link) that winger Patrick Kane and forward Sam Lafferty will sit for trade-related reasons. Kane’s agent Pat Brisson relayed a statement to Pierre LeBrun of TSN and The Athletic (Twitter link) that it was mutually agreed that Kane would sit during this “period of reflection”.  Kane is mulling over whether to leave the only NHL organization he has ever known with the Rangers expected to be the likely destination, provided that they can make the money work as Kane carries a $10.5MM AAV.  They’ll need double-retention for a deal to happen.
  • As for Lafferty, the 27-year-old is in the midst of a career year with 10 goals and 11 assists in 50 games while winning more than 52% of his faceoffs in a little more than 15 minutes a night of action. Signed for one more season with a manageable cap hit of $1.15MM, he should attract interest from several teams.
  • The Sharks will be without winger Timo Meier tonight, reports Curtis Pashelka of the Bay Area News Group (Twitter link). The 26-year-old is having another strong season, notching 31 goals and 21 assists in 57 games and is four goals shy of his career-high which was set last year.  Meier is a pending restricted free agent that’s owed a $10MM qualifying offer this summer but only a $6MM AAV this season.  Acquiring teams will likely want to get a long-term deal below that but as of yet, San Jose is not believed to have granted interested squads a chance to negotiate an extension with Meier’s camp.  He’s currently nursing an upper-body injury and is listed as day-to-day so it’s unlikely he’ll suit up before the deadline for precautionary reasons.

Latest On Patrick Kane

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The Patrick Kane trade saga may be nearing its end, according to NHL insider Chris Johnston. In a tweet Friday afternoon, Johnston reported that a resolution to Kane’s situation is expected “in the next 24 hours or so,” well before the trade deadline on March 3.

As of now, Kane has reportedly not waived his no-movement clause to facilitate a deal, per Johnston.

Kane, who has spent his entire 16-year career with the Chicago Blackhawks, has been the subject of trade rumors in recent weeks as the lottery-bound team continues to rebuild. Yesterday, rumors re-emerged about the possibility of Kane ending up with the New York Rangers, even after the team already bolstered their top-six with the addition of Vladimir Tarasenko. Kane, 34, has recorded seven goals and 10 points in his last five games, quieting many doubts about his scoring ability in spite of a bad hip.

However, Kane’s no-movement clause gives him the power to control his destiny, and it’s still entirely possible all the speculation is for not.

Adding to the rumor mill today, NBC Sports Chicago’s Charlie Roumeliotis reported that Kane was not practicing with the team, taking a maintenance day. Such a vague term is bound to increase speculation about whether Kane is being held out for trade-related reasons, health reasons related to his publicized hip issues, or neither.

Another Blackhawks trade target, defenseman Jake McCabe, also did not practice with a non-COVID illness.

West Notes: Kane, Landeskog, Thompson

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Rumors are flying surrounding Patrick Kane and whether he’ll be traded before the March 3rd deadline, with many speculating that the New York Rangers could be his preferred destination. Such speculation may need to hold off for a little while, though, as it still seems as though Kane hasn’t yet made a decision on his future. Kane’s agent, Pat Brisson, confirmed as much to The Athletic’s Pierre LeBrun, stating that “Patrick hasn’t made any decision at this point.”

Tonight has already featured a significant trade, with the Boston Bruins acquiring two key veterans from the Washington Capitals. Kane could end up the star of this trade deadline season, but seeing as he is in full control of his playing future, any developments will come on a timeline he prefers. We still have a little bit of time before the trade deadline fully hits, although it is definitely possible that the longer he waits, the more likely it is that potentially interested contending teams decide they need to play things safe and explore backup plans.

  • On TSN’s Insider Trading program, LeBrun reported that Colorado Avalanche forward Gabriel Landeskog’s true timeline in his return from injury remains “unclear.” The Avalanche do not yet have a firm sense of when he’ll be ready to return to the lineup, and that uncertainty has major trade deadline implications. As long as there remains the possibility of Landeskog returning in this regular season, the Avalanche cannot use Landeskog’s salary on long-term injured reserve to add to their roster, since they would not have the cap space to activate Landeskog once healthy. If nothing else, the Avalanche will be hoping for some more clarity on Landeskog’s timeline in these next few days so they can really shore up their deadline plans.
  • Vegas Golden Knights netminder Logan Thompson has been placed on injured reserve, as reported by the Las Vegas Sun’s Danny Webster. Thompson has been out week-to-week with a lower-body injury, so this news should come as no surprise. What it does do is make Thompson’s injury absence official from a roster perspective, clearing a spot on the 23-man unit for the team to work with.

West Notes: Karlsson, Kane, Krug

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Edmonton Oilers fans’ dreams of two-time Norris Trophy winner Erik Karlsson being traded to oil country might have to wait to become a reality. David Pagnotta of The Fourth Period is reporting that a deal between the Oilers and San Jose Sharks for Karlsson is considered “unlikely,” for mainly financial reasons. Pagnotta reports that while the Sharks are willing to retain two or three million dollars off of Karlsson’s deal, the Oilers want the Sharks to retain a more significant portion, around $5MM, if not more.

As a result, Pagnotta says that “it sounds like there haven’t been any recent serious discussions between the two clubs as a result” of those financial disagreements. The rationale for the Oilers to want to acquire Karlsson is very real, as he’s a Norris Trophy frontrunner with 76 points in 58 games. But asking San Jose to take on such a large number of dead cap dollars for the foreseeable future is a major ask, and it’s understandable that the Sharks balked at the prospect of making such a deal. According to Pagnotta, the Oilers could be pivoting to new targets, such as Anaheim Ducks defenseman John Klingberg, and Arizona Coyotes blueliner Shayne Gostisbehere.

Some other notes from across the Western Conference:

  • As relayed by NBC Sports’ Charlie Roumeliotis, Chicago Blackhawks GM Kyle Davidson gave an update on the team’s situation with top trade candidate Patrick Kane. Davidson said that he is in “constant contact” with Kane’s representatives, but hasn’t yet heard a decision on whether Kane wants to be dealt and is willing to waive his trade protection. While Kane has had some health issues and scored less than he’d likely have hoped he would, his decision on a trade is still one of massive importance, as Kane is likely at or near the top of quite a few contending teams’ trade deadline wishlists.
  • The St. Louis Blues announced that defenseman Torey Krug left tonight’s game against the Carolina Hurricanes with a lower-body injury. It’s another stroke of bad luck for Krug, who has dealt with lingering injury issues recently. Krug’s performance this season has mirrored the Blues as a whole: inconsistent and largely disappointing. The veteran defenseman, who is on a $6.5MM AAV contract through 2027, has scored just 22 points in 40 games, a decline from last season when he scored 43 points in 64 games. Hopefully, this injury is not connected to what Krug has been dealing with in recent weeks and this absence was just a precautionary measure.

More Teams Showing Interest In Patrick Kane

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With Vladimir Tarasenko now off the market following his trade earlier this week, Blackhawks winger Patrick Kane is starting to generate more attention.  Earlier this week, he was linked to the Stars and the Rangers (with New York likely out of the picture now following the Tarasenko deal).  Three more teams have been added to that mix as Scott Powers and Mark Lazerus of The Athletic report (subscription link) that the Hurricanes, Wild, and Golden Knights have confirmed interest in the veteran.

Of course, it must also be noted that Kane might not necessarily have interest in any of those teams.  The 34-year-old has a full no-move clause in his deal and if he decides that he’s willing to waive it, it’s expected that the shortlist of options he’d provide Chicago with would be quite small, not unlike what happened with Claude Giroux last season when he okayed a trade from Philadelphia.

Carolina, Minnesota, and Vegas all have a fair amount of cap space which presents an opportunity where they might not need a third team to be involved to retain an extra 25% of the $10.5MM contract, assuming Chicago retains 50% as expected.  For the Hurricanes, Max Pacioretty’s season-ending Achilles injury opened up $7MM in LTIR room while the Golden Knights have plenty of room (at least for the time being) with Mark Stone and his $9.5MM eligible for LTIR; he hasn’t been placed there just yet.  Meanwhile, Minnesota has banked enough cap space (per CapFriendly) that they could absorb Kane’s contract outright.

What’s notable about these suitors – including Dallas from earlier – is that all of them project to be short-term options only for Kane.  With their existing commitments for next season, there’s basically no way they could afford the 16-year veteran at market value.  Would Kane want to go somewhere as a strict rental and then hit the open market in July or might his preference be to land with a team that has the intention to keep him for 2023-24 and beyond?  That will certainly be a question he ponders over the next couple of weeks before notifying Chicago of his intentions.

Trade Rumors: Kane, Chychrun, Oilers/Kings

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Teams around the league could soon get more clarity on the future of Chicago Blackhawks superstar Patrick Kane. On today’s edition of TSN’s Insider Trading, Pierre LeBrun relayed a quote from Kane’s agent, Pat Brisson, that a decision on whether he’ll waive his no-movement clause is coming “relatively soon.”

As LeBrun says, Kane completely controls his destiny, even if he waives his no-move clause, and he’ll be able to dictate the teams to which he’s willing to accept a trade. If Kane opts for a trade, Brisson says those teams will be notified at least “seven to 10 days” ahead of the March 3 deadline. There does exist a timeline in which Kane rejects a trade and opts to stay put, reconsidering his future in Chicago this summer. Despite just having nine goals in 45 games this season, Kane would still carry a great deal of value at the deadline, although it may not result in a first-round pick at this point.

  • The Boston Bruins could get even scarier. LeBrun also reported on Insider Trading that the team has recently inquired about Jakob Chychrun, which could give them easily the most formidable defense in the league. Even if the Bruins opt to part with Brandon Carlo in any potential Chychrun deal, as his name has begun to enter trade speculation, it would still leave Boston with a top-four defense group of Chychrun, Charlie McAvoy, Hampus Lindholm, and Matt Grzelcyk. With Chychrun locked into a dirt-cheap, sub-$5MM cap hit for multiple seasons, it could pay dividends for years to come if the Bruins can manage to stay competitive.
  • LeBrun also mentioned that the Edmonton Oilers and Los Angeles Kings seem to be competing for the same trade deadline additions, mainly left-shot defensemen. The two Pacific Division rivals have both been linked to Chychrun, Joel Edmundson, and Vladislav Gavrikov. A potential bidding war for those trade targets would certainly make fans of the Coyotes, Canadiens, and Blue Jackets smile, as the playoff rivals from last season aim to upgrade their group of defensemen.

Latest On Patrick Kane

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With just a few weeks to go before the 2023 NHL trade deadline, everyone is watching the Chicago Blackhawks and Patrick Kane. The legendary forward has full control of his future with a no-movement clause but is on an expiring contract and playing for a bad team.

Mark Lazerus of The Athletic got an update on the situation from Kane today, who explained that his agent Pat Brisson has already heard from a few interested teams. David Pagnotta of The Fourth Period tweets that the Dallas Stars and New York Rangers are among those teams. The veteran winger has no decision yet on his future, and it likely will be a last-second choice at the deadline.

Not only will that give teams time to assess their situation, it also reduces the amount of cap space Kane would require. Every day that goes by, it becomes more likely that a team can fit him in – with the help of a little salary retention from the Blackhawks (and possibly a third team).

It’s more than just choosing the right playoff team to join, though. Kane has spent his entire career in Chicago, winning three Stanley Cup championships and becoming arguably the greatest American-born player of all time. While this year hasn’t gone to plan, it’s hard to imagine him pulling on a different sweater.

Of course, that may happen regardless in the summer, should the Blackhawks not attempt to re-sign the 34-year-old. There are 13 games left before the trade deadline – the final one coming in Chicago against the Dallas Stars on March 2. It will be an emotional evening if that is the end of Kane’s time (and that of Jonathan Toews, potentially) with the Blackhawks.

West Notes: Tarasenko, Kane, Brossoit

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Winger Vladimir Tarasenko is representing the Blues at the All-Star Game but with him being in the final year of his contract, it’s fair to wonder how much longer he’ll be a part of the team.  Speaking with Jeremy Rutherford of The Athletic (subscription link), the 31-year-old declined to comment if his trade request dating back to last season has been rescinded while also indicating that there have been no recent discussions about a possible contract extension.  Tarasenko has 10 goals and 19 assists in 38 games so far this season and is expected to be one of the more sought-after rentals for next month’s trade deadline if the Blues are willing to pay down up to half of his $7.5MM AAV.

More from the Western Conference:

  • Blackhawks winger Patrick Kane has long been viewed as one of the likely big deals at the trade deadline but The Athletic’s Arthur Staple suggests (subscription link) that there’s an expectation around the league that Kane needs hip surgery which is going to limit his market. If that’s the case, if he opts to play through the injury and wait to have the procedure in the offseason, there’s a good chance he’d miss the start of next season which could hurt his value in free agency.  With that in mind, it’s possible that Kane could decide to have the surgery now which would take a big name off the trade market in the coming weeks.
  • Golden Knights goaltender Laurent Brossoit admitted to Danny Webster of the Las Vegas Sun that he sometimes feels frustrated that he hasn’t had a chance to get back up to Vegas. He cleared waivers back in November after being cleared to return from his hip injury and he has been down with the Silver Knights ever since.  The 29-year-old has a 2.77 GAA with a .906 SV% in 22 games with Henderson and is set to become an unrestricted free agent this summer so a return to the top level would certainly help his case on the open market.

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