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Philipp Grubauer

Salary Cap Deep Dive: Washington Capitals

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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 figures are courtesy of CapFriendly.

Washington Capitals

Current Cap Hit: $70,910,107 (under the $75MM Upper Limit)

Entry-Level Contracts

F Jakub Vrana ($863K, two years remaining)

This is where the Capitals have gotten themselves into trouble. Playing to win it all for the last couple of years has taken a toll on the depth of the team’s roster as they have chosen to go with veterans rather than allow youngsters to work their way into the lineup. Now that those contracts have become too much and the team has had to purge a number of free agents to stay under the cap, suddenly there is no depth to look to when they really need it.

Vrana, a former 2014 first-rounder returned to his team in Sweden after being drafted, but signed at the end of the 2015 season and joined the AHL Hershey Bears for three games, tallying five assists. He then added six points in 10 playoff games to establish himself as a top prospect. He scored 35 goals over the next two seasons in Hershey before being promoted to Washington last year. In 21 games, he tallied three goals and three assists and appears ready to step in to a bottom line role this year.

There are a number of minor leaguers that may be ready to step into the lineup such as defenders Madison Bowey and Christian Djoos, but none have seen any NHL action so far in their careers and there is no guarantee they will make the team out of training camp.

One Year Remaining, Non-Entry-Level

D John Carlson ($3.96MM, UFA)
F Lars Eller ($3.5MM, UFA)
F Tom Wilson ($2.0MM, RFA)
F Jay Beagle ($1.75MM, UFA)
G Philipp Grubauer ($1.5MM, RFA)
D Taylor Chorney ($800K, UFA)
F Devante Smith-Pelly ($650K, RFA)

The team has already lost several key defenseman in the past few months, including Kevin Shattenkirk, Nate Schmidt and Karl Alzner. Could Carlson be next? While the team still has several veteran remaining on their roster, the team might be hard-pressed to avoid losing another veteran defenseman. Currently penciled in to play next to Orlov, at 27 years old, he would be a big loss if the team is unable to bring him back. However, the team will be paying Orpik, Niskanen and Orlov, more than $16MM combined next year. Will Washington find the money for Carlson?

Wilson is a player who the Capitals have high hopes for. The 23-year-old wing is a former 2012 first-rounder and has played four years with the team already, usually among the bottom-tier lines. However, with smoe of the team’s losses on offense, including Marcus Johanson and Justin Williams, this might be the year that Wilson breaks out. He is currently penciled in on the team’s second line and while he managed just seven goals a year ago, he did put up three playoff goals, showing he might be ready for an enhanced role. As a restricted free agent in 2018, the team will have some control on managing his salary.

Perhaps one of the more interesting decisions the team must make is what they plan to do with their backup goalie. Grubauer is considered to be one of the top-young goaltending prospects and while he was not chosen by the Vegas Golden Knights in the expansion draft, many feel that he could be a solid starting goaltender. However, with Holtby in front of him and locked up for three more years, that role would not likely be given to Grubauer in Washington. With minor leaguer Pheonix Copley looking ready to become the team’s backup and the presence of 2014 second-round prospect Vitek Vanacek and 2015 first-round prospect Ilya Samsonov, the team is loaded with goaltending talent. It seems far more likely the team will move Grubauer at some point, maybe at the trade deadline next season to add much needed depth.

Eller is at best a third line center, who averages between 10 and 15 goals per season. Barring a breakout year and he’s already 28 years old so that seems unlikely, Eller at $3.5MM might be too expensive to bring back in a year, but it’s too early to tell. Beagle did have a career year last year and should challenge Eller for that third-line center job with the loser likely to man the fourth line. Beagle, a faceoff specialist, scored 13 goals last year. If the team can bring them back on relatively cheap deals, they might be able to retain them.

Chorney was used primarily as an extra defenseman last year and only managed 18 games last season. With the team’s lack of depth after their top four, Washington may have no choice but to give Chorney a chance to win one of the last spots. The 30-year-old did manage to get into 55 games a year ago. Smith-Pelly, a quiet free agent acquisition this offseason, scored four goals in 55 games for New Jersey last year. Their futures will be decided by whether they make the team and how they perform.

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Philipp Grubauer Re-Signs With Washington Capitals

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The Washington Capitals have reached an agreement with another arbitration eligible player, signing goaltender Philipp Grubauer to a one-year, $1.5MM contract. Grubauer didn’t file for player-elected arbitration yesterday, which was a clear sign the two sides were closing in on a deal. Washington now has dealt with all of their restricted free agents except for Liam O’Brien, who does not have arbitration rights.

It looked like the Capitals would be in trouble this season getting all of their restricted free agents under contract, but after losing Nate Schmidt to Vegas and trading Marcus Johansson to New Jersey, the team has everyone signed with a few million to spare in cap space. They’ll have to still make some small additions to the fringe of their roster, but have all the big names locked in.

For Grubauer, this deal actually will leave him as a restricted free agent one more time next summer. If he can perform in a similar fashion to this season, he will deserve even more money and could price himself out of Washington’s plans. Grubauer put up a .926 save percentage last season in 23 games, placing him among the elite backups of the league. That mark was actually slightly better than Braden Holtby, making the tandem one of the best in the NHL.

The 25-year old Grubauer is ready for a bigger role in the NHL, and according to Isabelle Khurshudyan of the Washington Post didn’t file for arbitration because he did not want the Capitals to pick a two-year term for him. Though that would take him to unrestricted free agency, it would also lock him in as a cheap backup for an extra year. With more leverage next summer, he may be in line to be moved out before he earns a bigger reward.

Metropolitan Snapshots: Grubauer, Kovalchuk, Ryan

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Not that there are a lot of starting goaltending options available, but the Washington Capitals may have to move their backup Philipp Grubauer after all. With the impending defensive losses of free agents Kevin Shattenkirk and Karl Alzner, who the team likely cannot afford after the team locked up T.J. Oshie to an eight-year deal, and the loss of 25-year-old top-four defender Nate Schmidt to the Vegas Golden Knights in the expansion draft, the team must find a way to replace their blueliners.

With cap room almost entirely used up and with several restricted free agents still to lock up, the Capitals have only two places to look to fill those holes – either from within or via trade, according to J.J. Regan of CSN Mid-Atlantic. The team still retains several key defensemen, including restricted free agent Dmitry Orlov, veterans Brooks Orpik and Matt Niskanen as well as John Carlson. From within, the team has 22-year-old Madison Bowey on hand, who might be ready to make the jump to the NHL. He was out with an ankle injury and missed a lot of the AHL season a year ago, but still had 14 points in 34 games. Still, he may not be the player you count on to jump onto a playoff team’s defensive line.

Therefore, the lack of depth on defense could easily force the team to move Grubauer, who was often talked about as an expansion candidate for the Golden Knights. However, since Grubauer has little chance to grab a starting gig in Washington and isn’t even the future of the franchise as that role likely belongs to 2015 first-round pick Ilya Samsonov. There are still several teams who need a quality, young goaltender and they may be able to offer an inexpensive blueliner to fill Washington’s needs.

  • While there have been dozens of teams linked to Ilya Kovalchuk over the past two months since he announced he’d like to return to the NHL, the Columbus Blue Jackets are one team that have shown interest in the 34-year-old Russian winger. However, while that interest still exists, Columbus Dispatch’s Aaron Portzline tweets that the team, as of today, are not in full pursuit of Kovalchuk, and are currently searching for a Top-6 center to fill in the gap.
  • The Carolina Hurricanes are closing in to signing Derek Ryan to one-year deal, tweets Edmonton Oilers radio analyst Bob Stauffer. Ryan, was a Masterson Trophy finalist this past year, which goes to a player who best exemplifies the qualities of perseverance, sportsmanship and dedication to ice hockey. At age 30, the center finally broke through into the NHL after years of playing in Europe and the AHL, finishing the season with 11 goals and 18 assists for 29 points and being credited for helping change the culture of the Hurricanes locker room. He is coming off a one-year, $600,000 contract and looks to be getting a solid raise.

Vegas Will Not Select Capitals’ Philipp Grubauer

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For all the talk of the Vegas Golden Knights potentially loading up on goaltenders, news continues to come out that makes it seem as if they have instead decided to do the opposite. After reports that GM George McPhee passed up on both the Red Wings’ Petr Mrazek and the Rangers’ Antti Raanta, Isabelle Khurshudyan of the Washington Post has confirmed that they have also decided not to select Washington Capitals goalie Philipp Grubauer. Grubauer was heavily rumored to be a target of the Knights, especially given that McPhee was the general manager in Washington when Grubauer was drafted. Instead, it will be another one of his teammates who gets the call.

Grubauer, still just 25 years old, has been putting up excellent numbers in the shadow of Vezina-candidate Braden Holtby for years now. This past season, Grubauer made a career-high 24 appearances and posted a .926 save percentage and 2.04 goals against average. Due in part to Grubauer’s efforts – though he did not play enough to get actual credit – the Capitals allowed the fewest goals in the regular season this year and Holtby was named the recipient of the William M. Jennings Trophy. Many feel that the young German keeper has outgrown his role as backup and there was a feeling among those same people that he might fit in nicely as the 1B to Marc-Andre Fleury’s 1A in Las Vegas. Instead, he will stay in Washington, as the Knights have passed on his services. The Capitals still have the option of trading the restricted free agent, but will probably be relieved to have him back and will look to retain their talented backup instead.

So who might be the pick now? Khurshudyan suggests that, if not Gruabauer, it must be promising young defenseman Nate Schmidt, who Capitals fans were equally nervous about losing. However, assuming that many of the leaked names hold true, Vegas has not exactly chosen their team according to what most thought they would do and with many defenseman already confirmed, perhaps Schmidt won’t be the pick. We’ll know one way or another in a matter of hours.

Should Vegas Corner Goalie Market?

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With the recent trade of Mike Smith to Calgary, the market for starting goaltenders is dwindling even further. An interesting dynamic for the Vegas Golden Knights as they choose their team will be whether they opt to select every quality goalie out there in order to flip them to other teams. There are quite a few available – Marc-Andre Fleury of Pittsburgh, Eddie Lack (and Cam Ward) of Carolina, Calvin Pickard of Colorado, Antti Raanta of New York, Petr Mrazek of Detroit, Roberto Luongo of Florida, Jaroslav Halak of the Islanders, Michal Neuvirth of Philadelphia, Peter Budaj of Tampa Bay, and Philipp Grubauer of Washington, with a few interesting prospects also exposed.  As we’ve seen in the past few seasons, dealing a goaltender for anything remotely resembling fair value can be an enormous challenge. The salary cap has really warped the value of a solid starting goaltender in a way that has not been totally beneficial to the players.

One down season and a tender’s value goes down quite heavily. The top ten goalies in the league always seem to find a home on the rare occasion they hit unrestricted free agency, but that has been a rare occurrence. Many might point to the 2010 Stanley Cup Final when they isolate a particular moment that the highly-paid goaltender became an oddity. In that Final, Michael Leighton, third-string for Philadelphia, faced off against the very pedestrian Antti Niemi, who was then  sacrificed for cap reasons. With the whole league watching, these teams ascended to hockey’s main stage with relative no names in the crease. While that moment may have been particularly damaging, the moment for me was the fiasco that was the Luongo and Cory Schneider trade saga in Vancouver, which lasted parts of 2 seasons. Then Canucks GM Mike Gillis had a terrible time finding a suitor for Luongo before finally being forced to ship Schneider off in the 2013 offseason for a 9th round pick. This too, was terrible value, considering that Schneider was one of the best young goalies in the league and coming off a scorching season where he had a .937 save percentage. This ordeal took place less than two years after Luongo had taken the team to its first Final since 1994. Granted, Luongo’s contract was considered a bit of an albatross, but it very publicly cemented the value of goaltenders on the trade market as minimal.

Looking forward to the present day, and the last two goaltenders have been traded for rather uninspiring returns. Arizona’s Smith only fetched a 3rd rounder, and Ben Bishop only netted a 4th from Dallas. GM George McPhee could end up hosting a goaltender buffet, with few paying customers. He would be wise to gauge the interest of other teams before deciding on their selections in net. They obviously want to draft a solid starter and a few young goaltenders as future cornerstones. They need to draft 3, and it’s difficult to envision them drafting less than 4 with the enticing names available out there. But if they decide to go into 5 or 6 goaltender territory, McPhee could manufacture a logjam that could be difficult to sort out. After all, only the WInnipeg Jets are truly desperate for a starting goaltender, and that’s assuming they don’t want one of Brian Elliott, Mike Condon, or another UFA to be their partner for Connor Hellebuyck. Philadelphia could be interested in a younger asset, and there are always teams who will desperately seek a starter mid-season when a keeper inevitably goes down to injury. That said, the market simply doesn’t favor the strategy of going all-in in net.

Metropolitan Division Offers Vegas Multiple Goalies, Project Players

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The Metropolitan Division was undoubtedly the most competitive last season, with 3 of the league’s top 5 points finishers within it, including the eventual Stanley Cup Champion Penguins. Some teams in the Metro have prepared poorly, while others look to take a minor hit and move on from expansion relatively unscathed. No major surprises exist outside of Brooklyn, where the Islanders took the crown for the most unorthodox and confounding strategy.

The Penguins seem to have known for quite some time that Marc-Andre Fleury was Vegas bound. GM Jim Rutherford balked at trade offers last off-season despite the goalie’s no-movement clause potentially complicating matters further down the line. The organization finally asked him to waive his clause in February, and both parties seem willing to move on. Rutherford did seem to be leaning toward the 7-3-1 model originally, but eventually opted to go with the 4-4 route to protect both Olli Maatta and Justin Schultz. If for whatever reason Fleury is not chosen, playoff performer Bryan Rust is almost certainly the claim. Columbus’ list is about what we expected, but it still seems strange to see Josh Anderson and Jack Johnson are left exposed. If there is a deal in place for a 1st round pick, as reported earlier by the Columbus Dispatch, Johnson is the likely selection. He’s still got a lot of talent, and with all his international experience, he could be a great leader for younger players in Vegas.

The Philadelphia Flyers made one of the smarter (if unexpected) decisions of the day and opted to protect Scott Laughton over assistant captain Pierre-Edouard Bellemare and the streaky Michael Raffl. Jordan Weal is still left exposed, and theoretically any of the three could be headed to Vegas. The Washington Capitals are absolutely going to lose a solid player, and it’s destined to be either the very promising defenseman Nate Schmidt or standout goalie Philipp Grubauer. The Capitals knew this was coming for a long time, but it can’t hurt any less to lose assets in this fashion. A possible scenario to watch out for is whether Vegas will pursue T.J. Oshie as a free agent in the short-term. They have first dibs on negotiations if they want to open that conversation, and he’s considered by many to be the top available UFA. The team doesn’t really need another goaltender, and their defense would survive without Schmidt, even with his incredible talent.

The New Jersey Devils arguably have the weakest roster on paper at the moment, and it shows with the potential selections Vegas need to consider. Mike Cammalleri is unproductive and overpaid, Beau Bennett has all but busted when he isn’t injured, Jacob Josefson scored one goal last season, and Devante Smith-Pelly is with his third club in as many years. The New York Rangers couldn’t move Antti Raanta and now it seems probable that Vegas will take advantage. Other options would include Jesper Fast and the very productive (27 goals) Michael Grabner, neither of whom is good enough to justify passing on the solid Raanta. No surprises here, but management certainly waited until the final hour to buyout Dan Girardi – which allowed them to utilize that 7-3-1 strategy effectively. Carolina will offer up one of the worst prizes to the Golden Knights, and Lee Stempniak is the only name that truly jumps out. Long-time goalie Cam Ward finds himself on the outs, as does Eddie Lack, but when the team moved for Scott Darling this fate was very foreseeable. Perhaps management will try to entice Vegas to claim one of the keepers and help their logjam along.

The New York Islanders seem to have botched their efforts today, but there may be machinations behind the scenes which could justify such a bizarre strategy. GM Garth Snow opted to protect only 3 forwards and 5 defensemen – the only team to do so. Even worse, one of the defenseman left unprotected was Calvin de Haan. Assuming there is no deal to take a blueliner in the works, Vegas could choose de Haan or their favorite from a large selection of intriguing forwards. Josh Bailey, Brock Nelson, and Ryan Strome are all available, and each provides a different skillset. McPhee could even take one of the league’s toughest bottom sixers in Casey Cizikas or a crafty, veteran Nikolai Kulemin. He has loads of options, and none of them are any good for an Islanders team who survive off their depth. Why Adam Pelech, with his 12 career points and 46.6% Corsi For in 2016-17, was worth protection over any of those names will surely be one of the draft’s greatest quandaries.

Vegas will get an opportunity to draft their starting two goaltenders from the Metro, and will have a wide assortment of options elsewhere. The Washington situation should be fun to speculate on, and trying to find a worthwhile pick in New Jersey could be an adventure for the Knights. Snow’s Islanders are just an incredible anomaly, and that list may draw some serious criticism.

Early Expansion Protection News: Capitals, Kings, Flames, Predators, And More

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The 2017 NHL Expansion Draft is an exciting process. If you’re too riled up to wait until the lists are officially submitted in the morning, you’re in luck. As could be expected, information leaks are flooding in on who was and wasn’t protected by their teams ahead of the deadline this afternoon. This list will be updated all night long as more news comes in:

  • One not so obvious choice has been made in Nashville. Adam Vingan of The Tennessean answered a question on the minds of many, reporting that the Predators did in fact protect forward Calle Jarnkrok. With the rest of the eight-skater list all but set in stone with goalie Pekka Rinne, defensemen Roman Josi, P.K. Subban, Ryan Ellis, and Mattias Ekholm, and star forwards Filip Forsberg, Ryan Johansen, and Viktor Arvidsson, the final forward spot came down to Jarnkrok, signed long-term, or James Neal, an elite scorer with just one year remaining on his contract. It seems that Neal will be open for selection, alongside names like Colton Sissons, Colin Wilson, and Craig Smith. Vignan adds that no deal has been struck between Vegas and the Predators to protect any of those players, with Nashville especially liking to retain Neal and Sissons.
  • Sportsnet’s Elliotte Friedman reported that, interestingly enough, young Detroit Red Wings defenseman Xavier Ouellet was not protected by his team. This is the first real surprise of the expansion process and the first protection news that doesn’t match up with PHR’s Expansion Primer projections. The 23-year-old skated in 66 games this season for Detroit, third most among defenseman, and his 12 points tied that of top-pair man Danny DeKeyser. Yet, Ouellett will not join DeKeyser and Mike Green in protection, instead beaten out by another teammate. GM Ken Holland, who has gotten the reputation of perhaps being too loyal, possibly chose aging veteran Niklas Kronwall over Ouellet. Hopefully that doesn’t come back to bite the rebuilding Red Wings.
  • Another name confirmed to be unprotected is young Vancouver Canucks center Brendan Gaunce. Vancouver sports anchor Rick Dhaliwal was told that that Gaunce, a 2012 first-round pick, did not make the protection list for the Canucks, expected to be a 7/3 format, meaning that the team saw him as outside the top seven forwards on the team. The 23-year-old two-way specialist has upside, but after registering just five points in 57 games last season, no one will blame Vancouver for that choice.

Expected Extensions Prior To Expansion

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Over the next few weeks, leading up to  June 17th, when each team must submit their list of protected players from the Expansion Draft, there is going to be a flurry of activity. The Vegas Golden Knights are expected to make several side deals regarding the selection process, while the other 30 teams will be working through trade proposals with one another as well. Many teams will also make smaller moves, such as extensions and buyouts, to make the expansion process easier on themselves. Examples could include potential extensions by Carolina or San Jose if they decide they would like to protect Lee Stempniak or Mikkel Boedker respectively. However, there remain several teams that must re-sign a current player, following logic anyway, prior to Saturday the 17th, or else risk having to expose and possibly losing a major piece instead. Each team must expose two forwards and one defenseman that played in at least 40 games this season or 70 games over the past two seasons and also have term remaining on their contract. While meeting these quotas is not a problem for some teams, others lack the roster depth in long-term contracts to do so. No team wants to be pressured into exposing a valued player just to fill that quota, so instead they will sign another current player with the caveat that he will be left unprotected in the Expansion Draft. Such situations played out all year long, with Blackhawks’ forward Jordin Tootoo, Hurricanes’ defenseman Klas Dahlbeck, and, the most publicized of all, Flames’ defenseman Matt Bartkowksi. Yet, unsolved situations still exist. Below are some of the most dire situations and who could benefit from an extension in the near future in order for their team to comply with Expansion Draft rules:

Team: New Jersey Devils

Situation: The re-building Devils nonetheless have a solid core of forwards that they would like to keep together: Taylor Hall, Kyle Palmieri, Adam Henrique, Travis Zajac, and Mike Cammalleri. New Jersey should be within their means to protect this group, expect that it leaves only Devante Smith-Pelly as a forward meeting the 40/70 qualification. Even for those who doubt the effectiveness going forward of the oft-injured 34-year-old Cammalleri, surely the Devils could find a better player to sacrifice than he or Smith-Pelly if they so choose.

Expected Extension: As a young team, the devils are chock full of impending restricted free agents. However, not all RFAs are created equal. Beau Bennett, Jacob Josefson, and Stefan Noesen are all candidates for extension and exposure, but Bennett played a bigger role for New Jersey than even Smith-Pelly in 2016-17 and Noesen played the best hockey of his young career after a mid-season trade from the Anaheim Ducks. Josefson has shown next to no progress in six years in New Jersey. Look for the Devils to try to work out an extension with the 25-year-old center to fill the hole in their expansion plan.

 

Team: New York Rangers

Situation: The Devils’ cross-town rivals are in a similar situation. The Rangers have put together a core of forwards that is the envy of most teams in the league, but it could soon be torn apart. Many feel that backup goalie Antti Raanta will be Vegas’ choice, but New York doesn’t want to give them any reason not to go that route and instead steal a good young forward. The team is already reserved to the fact that 2016-17 breakout star Michael Grabner has to be exposed, but they would rather protect all five of Derek Stepan, Chris Kreider, Mats Zuccarello, J.T. Miller and Kevin Hayes, in addition to Rick Nash, whose No-Movement Clause prevents exposure, and impending RFA Mika Zibanejad. The only problem is that this protection scheme leaves only Grabner as a 40/7o forward.

Expected Extension: The Rangers are not without options for a forward to extend and expose. RFA’s Jesper Fast, Oscar Lindberg, Brandon Pirri, and Matt Puempel would all meet the quota criteria if handed a new deal, as would UFA Tanner Glass. While New York may not be eager to lose any of the four, none significantly outshine Raanta or Grabner in terms of selection value anyway, giving the team every reason to get an extension done with one or more. Fast seems certain to get a new contract from the Rangers anyway, so don’t be surprised if such a deal lands in the next week or two.

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Should Buffalo Trade For Capitals’ Grubauer?

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The Buffalo Sabres biggest pressing need may not be in goal, yet The Hockey Writers’ Richard Spalding suggests the Sabres best opportunity would be to upgrade their goaltending as acquiring goaltending will be at a premium before next month’s expansion draft. Defense may be the team’s biggest need, but if there is a chance to upgrade in the net, then that is the direction the Sabres should go.

Spalding is quick to point out that current starter Robin Lehner is not the problem as the team’s defense or lack thereof was much to blame for the team’s lackluster season. However, the 25-year-old starter is coming off a tough year in which he had a 2.68 GAA in 59 games. But is Lehner a No. 1 goalie? The scribe suggests that stressful situations have a tendency to get him. His 0-4 record in shootouts during the regular season is discouraging, but his save percentage in those shootout situations is 0 percent. He gave up eight goals on eight shots. While the playoffs have no shootouts, is that the goalie you want as you’re trying to build a team to win a Stanley Cup?

However, if the team can acquire a second goaltender to split time with Lehner, that could only improve the Sabres chances of turning around their fortunes. Spalding suggests the team trade for Washington’s Philipp Grubauer, who the Capitals would likely lose anyway in the expansion draft and therefore might be more willing to move their backup goaltender for something, most likely draft picks. Grubauer, also 25 years old, is coming off as season as the backup in which he had a 2.05 GAA in 23 games and a .926 save percentage.

Of course, the flaw in that plan is that the Sabres would then expose both Lehner and current backup Linus Ullmark to the expansion draft. However, even if one of them were taken by the Golden Knights, which is likely, the team would still have two solid goaltenders to work with next year.

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