Saturday: TSN’s Renaud Lavoie reports that Grubauer has signed a three-year contract extension, like expected, for around $10MM. The deal will be worth an average of $3.33 AAV, worth $3.35MM, $3.9MM and $2.75MM over the three years, according to Pierre LeBrun.
Friday: The Colorado Avalanche have acquired Philipp Grubauer and Brooks Orpik from the Washington Capitals in exchange for a second-round pick (47th overall) in this year’s draft. This move accomplishes big things for both teams, despite the Capitals only receiving a second-round pick. Pierre LeBrun of The Athletic reports that Orpik may not be long for Colorado, as the team will either try to trade him or buy him out.
Capitals GM Brian MacLellan was clear that he would look for an opportunity to send Grubauer somewhere he could become the starting goaltender, or at least work in tandem with one. While Colorado still has Semyon Varlamov under contract, he’ll be an unrestricted free agent next summer and has struggled with injury in recent years. Grubauer is a restricted free agent, but is only 26-years old and could be a long-term solution for the team.
The team is already working on a three-year contract with Grubauer according to LeBrun, giving the team some continuity in net going forward. It’s not clear where his salary will end, but you can bet Colorado didn’t make the deal without having some idea of the demands of Grubauer and agent Allain Roy.
This all but guarantees that Jonathan Bernier will not be returning to the Avalanche, but does solidify their goaltending situation. Orpik comes as a pure salary dump by the Capitals, as getting rid of his $5.5MM cap hit will help them offer John Carlson a fair market deal. Orpik played a big part in the recent Stanley Cup Championship, but he’s clearly slowing down and losing his touch as the league gets quicker and quicker.
The Avalanche are committed to speed all over their roster, which makes the flip or buyout of Orpik extremely unsurprising. Led by Tyson Barrie and Samuel Girard on the blue line, there isn’t much room for a bruising defender like the 37-year old Stanley Cup champion.