Trade Deadline Primer: Columbus Blue Jackets

With the All-Star break now behind us, the trade deadline looms large and is just over a month away.  Where does each team stand and what moves should they be looking to make?  We continue our look around the league with the Columbus Blue Jackets.

After missing the playoffs last season and moving out veterans Seth Jones and Cam Atkinson over the summer, it was obvious that Columbus was going in the direction of a rebuild.  However, they’ve played better than many expected and have a points percentage over .500 and are the first team outside of a Wild Card spot as they sit nine points behind Boston heading into Friday’s action.  Even with that in mind, it seems unlikely that GM Jarmo Kekalainen would part with future assets in an attempt to sneak into the final playoff spot but the season they’re having suggests they’re closer to battling for a consistent playoff position than it seemed back in October.

Record

24-23-1, 5th in the Metropolitan

Deadline Status

Seller

Deadline Cap Space

$29.248MM today, $51.915MM on deadline day, 0/3 retention slots used, 40/50 contracts used per CapFriendly.

Upcoming Draft Picks

2022: CHI 1st*, CBJ 1st, CBJ 2nd, TB 3rd, CBJ 4th, TOR 4th, TOR 6th, ANA 7th
2023: CBJ 1st, CBJ 2nd, CBJ 3rd, CBJ 4th, CBJ 5th, CBJ 6th, CBJ 7th

*-Chicago’s pick is top-two protected.  If the Blackhawks wind up with the first or second selection in 2022, the pick will be conveyed unprotected in 2023.

Trade Chips

After a tough first year in Columbus, Max Domi was viewed as someone who would likely be moved at some point.  Seattle decided to pass on him in expansion and in the end, that has worked out quite well for the Blue Jackets.  The 26-year-old has rebounded nicely, notching 23 points in 38 games this season, providing them with some capable secondary scoring.  He’s a pending unrestricted free agent with a $5.3MM AAV, a price tag they’ll almost certainly need to pay down to maximize their return but Domi would fit in on a few playoff-bound squads as a third liner that can move up if needed and also can play on the wing and down the middle.  He won’t be the primary target for teams in the coming weeks but as the top options get moved, interest in him should pick up.

Joonas Korpisalo has had some good seasons in his seven-year NHL career but he started to struggle last season and unfortunately for them, it has carried over this year with the highest GAA of his career (3.82) and the lowest save percentage (.887).  Those aren’t ideal numbers to have in the season before your first crack at unrestricted free agency as at this point, it seems unlikely he’ll surpass his current $2.8MM AAV.  Despite his struggles, his track record is good enough for teams looking to add some goaltending depth for the stretch run but earlier reports had the Blue Jackets seeking multiple fairly high draft picks.  That price will need to come down over the next few weeks.

While I have doubts Patrik Laine will be moved, his situation will be one to monitor.  He’s having a nice season when he has been healthy and is averaging over a point per game.  But he’s about to enter his final season of RFA eligibility and if he simply takes his $7.5MM qualifying offer again, he could hit the open market in July 2023.  If the team senses Laine isn’t willing to sign a long-term deal, his name is bound to come up in trade speculation again.  That’s a big price tag for any contender to add which is why I think such a move – if it was to happen – would make more sense in the summer.  However, as the deadline gets closer, his name is bound to come up in the rumor mill.

Other Potential Trade Chips: D Scott Harrington ($1.633MM, UFA), D Dean Kukan ($1.65MM, UFA), F Kevin Stenlund ($1.05MM, RFA)

Team Needs

1) Defensive Depth: Columbus only has two defensemen on their NHL roster that are signed beyond the end of next season in Zach Werenski and Jake Bean.  Players like Adam Boqvist and Andrew Peeke should be part of the longer-term picture but the depth starts to thin out after that.  Another young core blueliner would be nice but even a capable short-term veteran will be needed at some point with Kukan and Harrington set to leave at the end of the season.

2) Draft Picks: Even though Columbus had three first-round picks last year, their prospect pool isn’t the deepest as the Blue Jackets had just eight selections in the previous two years combined, a ripple effect of the Blue Jackets making their push two seasons ago.  Simply restocking the pipeline is something they need to do.

Photo courtesy of USA Today Sports Images.

Trade Deadline Primer: New York Islanders

With the All-Star break now behind us, the trade deadline looms large and is just over a month away.  Where does each team stand and what moves should they be looking to make?  We continue our look around the league with the New York Islanders.

If you were looking for the hockey version of Murphy’s Law, perhaps it is the New York Islanders, because everything that could have gone wrong, has gone wrong. The team began with 13 straight games on the road as they waited for their new arena to be finished, and while they started okay, it finished with a tired group losing the last four. Just when home cooking was finally calling their name, captain Anders Lee kicked was placed in COVID protocol and the team eventually needed to pause their season. Seven straight losses followed that season-opening road trip, and in many eyes, the Islanders were already out of the race. Things haven’t really gotten back on track and even with games in hand, it will be a tough task to climb all the way back to a postseason position.

Record

17-20-6, 6th in the Metropolitan

Deadline Status

Seller

Deadline Cap Space

$12.67MM in projected deadline cap space, 0/3 retention slots used, 44/50 contracts used per CapFriendly.

Upcoming Draft Picks

2022: NYI 1st, COL 2nd, NYI 3rd, NYI 5th, NYI 6th
2023: NYI 1st, NYI 2nd, NYI 4th, NYI 5th, NYI 6th, NYI 7th

Trade Chips

For a team that thought they would be contending for not just the playoffs but the Stanley Cup, it’s hard to know just how far the Islanders would go in terms of selling at the deadline. Cal Clutterbuck is the name most recently added to the rumor mill because of his expiring contract and his bottom-six experience. The 34-year-old has played over 900 games in the NHL and has been a key part of the team’s “Identity Line” for years, joining Casey Cizikas and Matt Martin as a bang-and-crash group that was trusted defensively.

But in terms of pure rentals, it doesn’t end with Clutterbuck. The Islanders also have Zach Parise, Zdeno Chara, and Andy Greene on expiring low-cost deals, with each bringing a ton of experience to the table for any playoff contender. While none of them represent much upside–for the acquiring team or the Islanders–the 35+ group could be shipped off to recoup some late-round picks, if they’re up for it.

Beyond that, there are some interesting names on the Islanders roster though. Scott Mayfield is an inexpensive right-handed defenseman with one more year on his deal. He could be among the most sought-after deadline targets for teams looking to improve their defense on a budget. Mayfield has averaged exactly 20 minutes per game this season, the most of his career, and brings a ton of size and physical play to the table.

Team Needs

1) Young NHL players: There’s no way the Islanders are going to pull the plug on this group and rebuild, so for next season they’re going to need some young talent to support their veteran core. Lee, Cizikas, Martin, Brock Nelson, Kyle Palmieri, Josh Bailey are all on the wrong side of 30 and signed for at least two more seasons, meaning someone is going to have to start providing some value on entry-level or bridge contracts if the Islanders want to get back to the top.

2) Draft picks: That of course can also be done with draft picks, but like Philadelphia yesterday, the Islanders also may need some assets this summer to add to their group or get rid of some bad contracts. With picks already sent out of town for 2022, getting a couple more bullets in the chamber could help Lamoriello in the offseason.

Photo courtesy of USA Today Sports Images

Trade Deadline Primer: Philadelphia Flyers

With the All-Star break now behind us, the trade deadline looms large and is just over a month away.  Where does each team stand and what moves should they be looking to make?  We continue our look around the league with the Philadelphia Flyers.

It’s been an incredibly disappointing season for general manager Chuck Fletcher and the Flyers, who pushed in their chips during the offseason to acquire names like Cam Atkinson, Ryan Ellis, and Rasmus Ristolainen, only to be hit with sweeping injuries, inconsistent play, and fewer wins than anyone in the Metropolitan Division to this point. Fletcher has all but admitted that the playoffs are completely out of the question at this point, meaning the focus now turns to trade talks and more offseason changes. The captain is at the center of it all, though he controls his fate.

Record

15-24-9, 7th in the Metropolitan

Deadline Status

Seller

Deadline Cap Space

No base cap room, $2.89MM in full-season space with LTIR, 0/3 retention slots used, 49/50 contracts used per CapFriendly.

Upcoming Draft Picks

2022: PHI 1st, PHI 3rd, PHI 4th, PHI 5th, PHI 6th, PHI 7th
2023: PHI 1st, PHI 3rd, PHI 4th, PHI 5th, PHI 6th, PHI 7th

Trade Chips

It all starts with Claude Giroux, who has been in the rumor mill for weeks (if not months or years) at this point. The 34-year-old is on the last season of his eight-year, $66.2MM contract and carries a full-season cap hit of $8.275MM. He also holds a full no-movement clause though, meaning if he’s going somewhere other than Philadelphia for the first time in his career, he’s the one that’s going to approve it. A somber Giroux spoke to the media today about his future:

To be honest I haven’t talked to Chuck yet about any of this. I’m sure we will at one point but right now I’m committed to this team.

The organization here has been great to me for the last 14 years. They’ve treated me the right way. I’ve had a chance to play with a lot of great players, had great coaches. I feel it is an honor to have been a Flyer this long. 

Giroux is just 12 games away from reaching 1,000 regular season contests in his career, a number that has been accomplished entirely with Philadelphia. He sits second all-time in games played for the Flyers, only trailing Bobby Clarke, and will reach 900 points with five more. As currently scheduled, Giroux would play his 1,000th game on March 17, just a few days before the trade deadline.

Beyond the captain though, there are some other interesting trade chips. Ristolainen and Keith Yandle both represent defensemen with offensive upside, though the former is injured at the moment and comes with a much higher cap hit. The Flyers have indicated they hoped to re-sign Ristolainen when they acquired him from Buffalo last summer, though obviously if that can’t get done before the deadline he becomes a prime rental candidate.

Other veterans like Derick Brassard, Kevin Connauton, Martin Jones, or Justin Braun could also be on the move, if the team decides to sell everyone on expiring deals. There’s also someone like James van Riemsdyk who has just one year left on his deal and could possibly bring back an asset if the Flyers decided to eat some money. In all, there are plenty of options for contenders to go shopping in Philadelphia, even if Giroux’s price ends up being too high.

Team Needs

1) NHL-ready prospects: Despite it being a brutal season and the Flyers being obvious sellers, this isn’t a roster that will suddenly enter a rebuild unless Fletcher completely strips it back in the summer. Atkinson, Ellis, Sean Couturier, Kevin Hayes, Ivan Provorov, Travis Konecny, and Joel Farabee are all signed to long-term, big-money contracts and are all still good enough (when healthy) to be difference-makers at the NHL level. It feels as though the team will try to reload in the offseason more than rebuild, meaning adding talent that is close to breaking through should be the first option. The fact that they have several young prospects on the brink (pun intended) of already making an impact means any addition in that age group could lead to a wave of success in the years to come.

2) Draft picks: And yet, draft picks could still be of a lot of use to the Flyers for a few reasons. Their prospect system doesn’t need to be flooded with 18-year-olds but Fletcher and company could use some picks in the offseason to either a) get rid of a bigger contract or b) bring in NHL talent. When team chairman Dave Scott said he was handing the front office a “blank check” to fix things in the offseason, it suggested that they’re not looking at a long rebuild. If you want to add, you need assets to do it. Those can be collected in the coming weeks, only to go back out the door in the coming months.

Photo courtesy of USA Today Sports Images

Trade Deadline Primer: Carolina Hurricanes

With the All-Star break now behind us, the trade deadline looms large and is just over a month away.  Where does each team stand and what moves should they be looking to make?  We begin our look around the league with the Carolina Hurricanes.

The Hurricanes have made the playoffs in three straight seasons, being eliminated in each of the first three rounds over that span meaning there’s one more hurdle to reach – the Stanley Cup Final.  While they’re in a tight Metropolitan Division, they sit at the top of it heading into Saturday’s action with multiple games in hand so they’re poised to make a splash.  And with several veterans slated to become unrestricted free agents this summer and a situation where they probably won’t be able to keep them all, this may be their best opportunity to push their chips to the table and try to make a serious run.

Record

32-10-3, 1st in the Metropolitan

Deadline Status

Buyer

Deadline Cap Space

No base cap room, $1.801MM in full-season space with LTIR, 0/3 retention slots used, 49/50 contracts used per CapFriendly.

Upcoming Draft Picks

2022: CAR 2nd, CHI 3rd, CAR 4th, CAR 5th, ANA 6th, CAR 6th, CAR 7th, CBJ 7th
2023: CAR 1st, CAR 2nd, CAR 3rd, CAR 4th, CAR 5th, CAR 6th, CAR 7th

Trade Chips

It’s hard to see Carolina willingly taking a regular off of their roster unless that’s required to match salaries which could put someone like Ian Cole ($2.9MM, pending UFA) on the radar, particularly if they make a move to upgrade their third pairing.  Beyond that, their prospects are where the trade options will be.

One player that stands out as a potential trade option is center Ryan Suzuki.  The 20-year-old was a first-rounder (28th overall) back in 2019 but hasn’t had much luck since then, particularly when it comes to staying healthy; he has been limited to just ten games this season with AHL Chicago.  His final major junior season was lost last year when the OHL didn’t play and while he got into 26 games with the Wolves, it was in a limited role.  In the meantime, others are getting to play ahead of him in the minors and his spot on the organizational depth chart has likely dipped.  Still, with recent first-round pedigree, Suzuki is someone that teams will likely be asking about.

Jack Drury is one of those prospects that has slipped ahead of Suzuki on their depth chart.  He didn’t look out of place in a two-game stint with Carolina this season and he’s one of the leading scorers for their farm team.  He’s someone that could very well push for a roster spot next season in an effort to save a bit of cap space but these are precisely the types of players that teams looking to sell but not get into an expedited rebuild will be looking for.

Defenseman Joey Keane has fared a little better this season, the last one of his entry-level contract.  He’s someone that’s going to be eligible for waivers next year and could be in the mix for a seventh defender spot in Carolina as a result.  But there should be some teams that would be interested in getting him into their system now for evaluating, either with their own farm team or at the NHL level down the stretch.

Other Potential Trade Chips: D Anttoni Honka (unsigned draft pick), F Andrew Poturalski ($750K, UFA – AHL’s leading scorer), F Patrik Puistola (unsigned draft pick)

Team Needs

1) Middle-Six Two-Way Winger: Carolina finds themselves pretty deep down the middle but they’re not quite as strong on the wing.  Another player like Jesper Fast that can play up and down the lineup while providing some defensive value would certainly help give them a deeper lineup with more versatility.

2) Third Pairing Upgrade: Ethan Bear hasn’t been able to have the impact Carolina hoped when they picked him up from Edmonton while Cole is a role player, a shutdown, stay-at-home piece.  The same can be said for Brendan Smith.  That’s not a bad group of fifth to seventh defenders behind their strong top four but it can be improved upon.

Salary Cap Deep Dive: Anaheim Ducks

Navigating the salary cap is one of the more important tasks for any GM.  Teams that can avoid 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 for the 2021-22 season and beyond with contract statuses as of the beginning of the year.  This will focus more on players who are regulars on the roster versus those who may find themselves shuttling between the AHL and NHL.  All cap figures are courtesy of CapFriendly.

Anaheim Ducks

Current Cap Hit: $70,352,981 (under the $81.5MM Upper Limit)

Entry-Level Contracts

D Simon Benoit ($809K this season)
D Jamie Drysdale ($925K through 2022-23)
F Trevor Zegras ($925K through 2022-23)

Potential Bonuses:
Benoit: $82.5K
Drysdale: $850K
Zegras: $850K
Total: $1.7825MM

Zegras has certainly outperformed his entry-level deal.  While they’re still sheltering him a little, he’s effectively Anaheim’s top offensive center now and a centerpiece to build around for the future.  We’ve seen teams move quickly to try to sign these players to max-term contracts and it stands to reason that new GM Pat Verbeek will be doing so here.  Montreal’s recent extension for Nick Suzuki (eight years at just under $8MM per season) is one that will inevitably come up in those discussions.  As for the incentives, he has a chance at reaching all four of his ‘A’ bonuses but other than time on ice, the other ones should come down to the wire.

Drysdale’s first full NHL season has had some ups and downs but more of the former than the latter which is good for a 19-year-old blueliner.  He’s another player Verbeek may want to sign to a long-term contract but unless Drysdale takes a big step forward next season, it may be difficult to find a price point where both sides are content with the risk (paying too much too soon for Anaheim and giving up on potentially higher earnings for Drysdale).  A short-term bridge deal could fall in the $4MM range while a long-term pact could be double that.  The youngster has a chance of getting two or three of his ‘A’ bonuses.  As for Benoit, he’s logging light minutes in a depth role and players like that often sign their second contract for a fairly low AAV in exchange for one-way money.  He’s a strong candidate for that type of deal.

Signed Through 2021-22, Non-Entry-Level

F Sam Carrick ($750K, UFA)
F Nicolas Deslauriers ($1MM, UFA)
F Ryan Getzlaf ($3MM, UFA)
F Ryan Kesler ($6.875MM, UFA)
D Jacob Larsson ($1.2MM, RFA)
D Hampus Lindholm ($5.206MM, UFA)
F Isac Lundestrom ($874K, RFA)
D Josh Manson ($4.1MM, UFA)
F Sonny Milano ($1.7MM, RFA)
F Rickard Rakell ($3.789MM, UFA)
F Buddy Robinson ($750K, UFA)
F Sam Steel ($874K, RFA)

Potential Bonuses:
Getzlaf: $1.5MM

Let’s get Kesler out of the way first.  He’s on injured reserve but is eligible for LTIR since he isn’t coming back and his playing days are over.  They don’t need to make that placement unless they’re in need of cap space and they’re not going to need that.  There has been some talk that a team already in LTIR may be interested in him to expand their LTIR pool so that’s something to keep an eye on.

Getzlaf has had a nice bounce-back season.  He still isn’t scoring much but his playmaking is still making him one of their better offensive contributors.  He’ll be 37 in the spring and will likely be going year-to-year from here on out which will keep him eligible for incentives as he has now.  A similar contract for him in the summer is certainly reasonable.  Rakell is an interesting pending UFA when it comes to the trade deadline.  He has two 30-goal seasons under his belt but 2017-18 was the last time he scored that many times; it’s also the last time he scored 20.  That makes his value a little difficult to pin down.  His career numbers say he’s a scoring winger that’s owed a nice raise but his more recent ones have him more of a second-line player in line for a smaller raise to around $4.5MM or so.

Despite suffering an upper-body injury that has kept him out for nearly a month, Milano already is having a career year despite his role not changing all that much.  He’s eligible for salary arbitration with a $1.8MM qualifying offer.  His track record isn’t the best which should limit an award but an extra million or so should be achievable.  Deslauriers is one of the last true enforcers in the league.  The need for them is dying down but he plays well enough to log a regular shift which should allow him to get a similar contract this summer.  Robinson and Carrick are serviceable role players but neither have done enough to command much more than the minimum at the NHL level.

Steel and Lundestrom both signed their qualifying offers as bridge contracts to try to prove themselves.  It has worked well for Lundestrom as he has become a regular in the middle six while playing full-time down the middle.  He isn’t producing a lot so he’s not going to want a long-term contract this summer but with arbitration eligibility, doubling his AAV is a realistic goal.  It hasn’t worked well for Steel, however.  He hasn’t produced enough to move into a more prominent role and he’s not the type of player that thrives in a limited role.  He’ll get a small raise but probably not much more than that.

Lindholm remains an under the radar number two defender.  His offensive numbers rarely stand out but he’s no slouch at that end while being very strong defensively.   At 28, he’s still young enough to command a max-term deal and with the role he plays, he can add a couple of million on his current price tag.  Manson is another significant rental on the back end.  However, he hasn’t been able to duplicate the offensive output he had in 2017-18; he basically has as many points in parts of four seasons combined since then.  That will limit his market somewhat.  He’s still physical, strong in his own end, and a right-shot defender so there will be plenty of interest but it would be surprising to see his price tag go much larger than $5MM.  Larsson has spent most of the season in the minors but gets a mention here as Anaheim can’t clear his full contract off the books when he’s with San Diego.  They may attempt to get him to sign for less than his qualifying offer to keep him around but otherwise, he’s a non-tender candidate.

Signed Through 2022-23

F Max Comtois ($2.0375MM, RFA)
F Derek Grant ($1.5MM, UFA)
D Josh Mahura ($750K, RFA)
D Kevin Shattenkirk ($3.9MM, UFA)
G Anthony Stolarz ($950K, UFA)
F Troy Terry ($1.45MM, RFA)

A year ago, Comtois was in the middle of a career year and led the Ducks in scoring.  It looked like he had established himself as a capable top-six power forward but the bridge deal showed some uncertainty as to whether he could play like that on a long-term basis.  That hesitance proved to be accurate as Comtois has struggled mightily this season and has gone back to more of a reserve role.  Lots can change but for now, a long-term contract in 2023 seems unlikely.  Instead, a one-year deal or a medium-term pact that buys out one or two UFA years may make more sense.  Grant is a serviceable depth center that’s making too much for the role he fills.  He should be able to get another contract after this one but it should be closer to the $1MM mark.  As for Terry, he has clearly impressed this season and is Anaheim’s leading scorer by a considerable margin.  All of a sudden, he has gone from a role player to a top liner and if he can keep this up, a long-term contract in the $6MM to $7MM range would become a serious option.

Shattenkirk has had a much better second season in Anaheim than his first, leading their defensemen in points while logging his usual 20 minutes per game.  He’ll be 34 at the end of this deal and will be able to sign a multi-year deal without any 35+ risk.  Another three-year pact could be done around this price point with the expectation that he will need to play a bit of a lesser role by the end of it.  Mahura is a low-cost depth piece and will need to play his way into a regular spot in the lineup to have a chance to earn a bigger deal even with salary arbitration rights at that time.

Stolarz had been more of a depth goalie in the past which made it understandable that he took a low-cost two-year deal to give him some stability.  However, he has done pretty well this season and should have himself positioned for a bigger deal in 2023.  His path is somewhat similar to Laurent Brossoit who inked a contract with a $2.325MM AAV last summer.

Signed Through 2023-24

F Adam Henrique ($5.85MM, UFA)
F Max Jones ($1.295MM, RFA)
F Jakob Silfverberg ($5.25MM, UFA)

Henrique has had a nice bounce-back year after clearing waivers at one point last season.  He has adapted well to playing on the wing and has become a quality part of Anaheim’s top six.  He’s still not providing a great return on his cap hit and his next contract will undoubtedly be considerably less than this one but compared to how things looked last season, this is a nice step in the right direction.  The same can’t be said for Silfverberg.  He’s struggling to score despite heavy minutes and even his possession numbers aren’t pretty.  The 31-year-old is better off as a bottom-six piece at this point and that’s a pretty high price tag for someone that is best suited now to be a checker.  Jones is in the first season of a three-year bridge deal but has played just twice due to a torn pectoral muscle.  That makes this season a write-off but there’s still enough time for him to outperform this deal.  He’ll be owed a $1.5MM qualifier in 2024.

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Rangers Have An Opportunity To Strike Early In Trade Market

The concept of the time value of money is a very common one in investing.  Your money is worth a certain amount today but ideally grows over time.  A similar philosophy applies in the NHL when it comes to cap space – $1MM at the start of the season can be worth around $4MM at the trade deadline so teams wisely try to save what they have, hope for minimal injuries, and that would put them in a position to add a useful piece or two for the stretch run.

The end result of such a philosophy is a trade market that has basically resembled that of Major League Baseball since the start of December, notwithstanding a couple of minor AHL swaps last week.  (If you don’t follow MLB, they’ve been in a lockout since then with no trades allowed.)  For the most part, that’s probably not going to change over the next few weeks as many contenders have cap space ranging from none to minimal with a hope that between now and the deadline, it could improve to a level that could be considered as slightly better than nothing.  Such is life in a league where half the teams are technically over the cap and are using LTIR to get into compliance.

That provides an opportunity for a contender that’s fortunate to have cap space to make a move now to get a leg up on their competition.  Only one such team in the top seven in the NHL standings heading into Monday’s games is in that situation and that’s the New York Rangers.

So far, they’ve been linked to many different players with former Ranger J.T. Miller being the headliner.  Some of the others are on expiring contracts and there needs to at least be a mixture as new contracts for Mika Zibanejad and Adam Fox add $11.725MM to next season’s payroll compared to what they’re making now.  With nearly $71MM in commitments to 16 players per CapFriendly, there is some room for a longer-term addition but some of their pickups will need to be rentals as well.

Right now, they’re pegged to finish the season with $7.056MM in cap space, an amount that’s equivalent to $17.2MM today and $35.2M at the trade deadline.  Yes, they have some bonuses to factor in but the struggles of Alexis Lafreniere and Kaapo Kakko limit that somewhat.  Fox will reach his $850K but his bonuses should be the only ones of any sort of consequence.  So if you’re working backward, New York needs to have at least $850K in room at the end of the season.  Even if you add a few hundred thousand as a safety net for some of their other youngsters and factor in that they’re just carrying the minimum-sized roster due to the All-Star break, we’re only looking at holding back around 15-20% of their end-of-season cap room and a few million off the present value of contracts they can acquire right now.

That means that New York could add comfortably more than $10MM in salaries today to their roster.  That’s enough to add an impact player up front and some depth in the bottom six which is an area of concern for the Rangers at the moment with even perhaps having enough left over to shore up their back end.  There’s a reasonable chance that will be about all of the spending they’re going to do between now and the deadline; no one should be expecting GM Chris Drury to bring in five or six new players between now and March 21st.  That would be asking a lot of any team.

In that sense, there isn’t much of a need for them to wait.  While many contenders will have to wait until more time elapses resulting in less salary to take on, the Rangers can go after their targets aggressively now.  Waiting until closer to the deadline will bring in more contenders for their desired players which could drive the price tag higher.  With that in mind, there’s a case to make that paying a little more now to get the player is worth doing, ensuring they get their targets and getting several weeks of extra games out of them in the process.

Patience is often a good characteristic but for New York, the time may be right to be aggressive and strike early on the trade front.  With their cap situation, they’ll be a team to keep an eye on in the coming weeks.

Poll: Who Will Win The 2022 Rocket Richard Trophy?

Yesterday, we asked PHR readers to vote on who they thought would win the NHL scoring race and take home the Art Ross Trophy in 2022. Despite currently trailing by several points, Connor McDavid is polling ahead of Jonathan Huberdeau as fans believe the Edmonton Oilers superstar will regain his crown in the second half.

But what about the goal race? After never scoring more than 28 in a single season, Chris Kreider now leads the league with 33 tallies–including an incredible 17 on the powerplay–through his first 47 games. The big New York Rangers winger has been scoring at a ridiculous pace, finding the back of the net on 22.5% of his shots. Will that continue down the stretch with players like Artemi Panarin and Adam Fox feeding him with the man advantage, or will Kreider get passed by some of the former champions right behind him?

Leon Draisaitl, a former 50-goal scorer is right behind Kreider and is actually scoring at an even better pace. Through 42 games the Oilers’ forward has 32 goals, taking him to 231 through his 520-game NHL career. While he’s still just 26, Draisaitl is already on a Hall of Fame pace and could add to that legacy with another few individual trophies this year. Even his shooting percentage of 21.5% this season which would normally be considered inflated, isn’t that much higher than his normal number. One of the most accurate and efficient shooters in the game, Draisaitl has scored on 17.6% of the shots in his career.

If you want to win a Rocket though, you have to go through the guy in third place. Alex Ovechkin has taken the trophy nine times in his illustrious career and looks ready to compete for a tenth. Through 46 games Ovechkin has 29 goals, 21 of which have come at even-strength. That leads the league, meaning if the Washington Capitals captain starts finding the back of the net a little more on the powerplay things could change rapidly.

Since the 2012-13 season, only two players have finished a single season with more goals than Ovechkin. Sidney Crosby in 2016-17 and Auston Matthews last year, when he potted 41 in the shortened 56-game schedule. After a slow start and some missed games, Matthews is right back on track to defend his crown as the league’s best goal scorer with 29 in just 39 matches. That includes 22 in his last 22, a goal-per-game pace that the Toronto Maple Leafs superstar has flirted with for long stretches in the past. Given how many different ways the 24-year-old can score, it’s hard to bet against him even if the others got an early lead.

Other players who could quickly enter the conversation are Kyle Connor, Alex DeBrincat, and Filip Forsberg, though it’ll be hard to catch and pass that group at the top. It appears to be a four-man are at the moment with a quartet of the league’s best.

Who do you think will come out on top? Cast your vote below and make sure to leave another contender in the comments if you believe they’ll catch up in the second half.

Who will win the 2022 Rocket Richard Trophy?

  • Auston Matthews 30% (192)
  • Leon Draisaitl 23% (146)
  • Alex Ovechkin 19% (120)
  • Chris Kreider 18% (114)
  • Other 3% (19)
  • Alex DeBrincat 2% (15)
  • Mikko Rantanen 2% (11)
  • Troy Terry 2% (10)
  • Kyle Connor 1% (6)
  • Filip Forsberg 1% (6)

Total votes: 639

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Poll: Who Will Win The 2022 Art Ross?

If you asked the average hockey fan who currently leads the league in scoring, you may get some incorrect answers. Edmonton Oilers stars Connor McDavid and Leon Draisaitl–who have taken home the Art Ross Trophy in four of the last five seasons–sit right near the top as expected, but it’s Florida Panthers sensation Jonathan Huberdeau that’s currently leading the way with 64 points in 47 games.

The fact that Huberdeau is among the league’s elite offensive talents shouldn’t really come as a surprise given his performance the past few seasons, and yet he is just now starting to get the recognition he deserves. Since 2018-19, the dynamic winger has 295 points in 253 games, scoring at least a point-per-game in each of the previous three seasons. At his current pace he’s set to break the 100-point threshold for the first time and currently has a healthy lead in the assist race with 47 already. Huberdeau is a legitimate Hart Trophy contender this year and if he wins the scoring race, it’ll be hard to vote for anyone else.

The two Edmonton forwards though are still right on his heels with the added benefit of the Oilers only playing 42 games to this point. Draisaitl leads the Oilers race with 63 points, while McDavid–a three-time scoring champ–has 60 so far despite a recent slump of seven points in his last nine games.

Nazem Kadri meanwhile, who hasn’t ever recorded more than 61 points in a single season, is tied with McDavid for third place with his 60-point first half. The Colorado Avalanche forward took advantage of the absence of Nathan MacKinnon earlier this season and has just continued to perform at an elevated level. With an expiring contract and unrestricted free agent status around the corner, Kadri’s push for the title could result in a huge windfall this summer.

Johnny Gaudreau, Mikko Rantanen, Kirill Kaprizov, and others should be mentioned as well, but it’s a much older player who really deserves attention here. Alex Ovechkin, the winner of the 2008 Art Ross, is within striking distance of the leaders at age-36. The Russian Machine is on pace to break 100 points for the first time since 2010 and could potentially take home his tenth Rocket Richard trophy as the league’s top goal scorer with a strong second half. It’s incredible what Ovechkin has been able to do this season after signing a new five-year deal with the Washington Capitals in the offseason and at this point is showing no signs of slowing down.

So who will actually take home the trophy at the end of the year? Vegas still has McDavid as the odds-on favorite to win his fourth in six years, but will he be able to stave off the other contenders? We’ve listed all the players who have eclipsed 50 points already, but if there’s someone else you think can climb the rankings in the second half, make sure to leave their name in the comments.

Who will win the 2022 Art Ross Trophy?

  • Connor McDavid 27% (165)
  • Jonathan Huberdeau 21% (128)
  • Leon Draisaitl 15% (95)
  • Auston Matthews 6% (38)
  • Other 6% (37)
  • Nazem Kadri 6% (35)
  • Kirill Kaprizov 5% (33)
  • Alex Ovechkin 5% (29)
  • Artemi Panarin 3% (21)
  • Johnny Gaudreau 3% (20)
  • Steven Stamkos 2% (10)
  • Mikko Rantanen 1% (8)

Total votes: 619

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PHR Mailbag: Rangers, Flyers, Chychrun, Edmonton’s Stars, Islanders, Projections, Sabres

Topics in this edition of the PHR Mailbag include what the Rangers could do at the trade deadline, potential returns for Philadelphia’s pending free agents, Arizona’s situation with Jakob Chychrun, and much, much more.  If your question doesn’t appear here, check back in last weekend’s mailbag.

pitmanrich: With the Rangers exceeding expectations for the season and the likes of Kreider, Fox, Shesty, and Panarin at the top of their games, what does Chris Drury do at the trade deadline? Add rentals or add players with term knowing that more key players need re-signing within the next couple of years?

I think their interest will skew more towards rental players or at least those that aren’t signed for much longer beyond this season.  With new deals for Adam Fox and Mika Zibanejad adding nearly $12MM to the books for 2022-23, a lot of the flexibility they have now won’t be there in a few months let alone to the contracts you may be thinking of (Alexis Lafreniere, Kaapo Kakko, K’Andre Miller, etc).  Ryan Strome’s free agency looms large and that’s the one spot I think they could prove me wrong as getting another impact center locked up long-term is worth creating some possible cap challenges down the road.  And no, J.T. Miller for one extra season isn’t what I’d be targeting unless they think there’s an extension that can be done.

They have the cap space (this season) plus the draft pick and prospect capital to make a splash and adding a key player certainly wouldn’t hurt.  That said, I wouldn’t be surprised if the bulk of their moves are a little quieter.  A top-four defender would really go a long way towards slotting some of their defenders in more optimal spots in the lineup and there is definitely room to make at least a couple of additions to the bottom six.  Adding a strong checker/penalty killer would be wise for matchup purposes in the playoffs, a middle-six center is always a good thing for a contender to add, and a secondary scorer on the wing as an injury hedge are all good options.  They could probably afford to do all of these things by waiting until the deadline but I don’t think they’ll add that many players.  There will be some new faces at MSG though but I wouldn’t be shocked if most of them are free agents in July.

DarkSide830: What would realistic returns look like for certain Flyers players? Claude? Braun? Jones? Maybe Provy?

@SSBRealtor: What could the Flyers realistically get for ‘G’ if they traded him?  A decent prospect?

GBear: It would seem that the Flyers will move Giroux at the deadline, so what teams do you see being interested in him and what will the asking price look like?

Let’s combine all of the Flyers stuff together.  Before getting to Giroux, I’ll touch on the other players first.

Justin Braun – Third-round pick.  He definitely can help a third pairing and on the penalty kill but he has his limitations and is probably a sixth defender on a lot of contenders.  He’s also a right-shot defender in a marketplace that doesn’t have a lot of those.  I don’t see anyone going higher than a third but if a few teams are willing to pay that third-rounder, perhaps they can squeeze a later pick or depth prospect as well.

Martin Jones – Late-round pick if he moves at all.  How many playoff-bound teams look at him as an improvement on their current backup?  It’s a small list.  If there’s a team with ample cap space that can carry three goalies and effectively have Jones as a highly-paid reserve, there’s probably a move to be made.  But how many third-string goalies generate a strong trade return?

Ivan Provorov – I don’t think he moves.  If the Flyers were selling, I’d say he’s worth a first-round pick, an ‘A’ prospect, and some sort of established defenseman (for cap purposes).  But I don’t think Philadelphia is selling.  Last summer, they made some player-for-player moves to shake up the core.  That’s the type of scenario that seems more plausible to me if they were considering moving him but that’s a trade that’s easier to make in June or July than it is now.  Having said that, I think he’s in a Philadelphia sweater in October.

As for Claude Giroux, he is one of the more intriguing players to think about as far as rentals go.  No one knows if he’s willing to waive his trade protection to go to a contender.  He doesn’t even know at this point.  If he is, he’d jump pretty close to the top of the list among rental players that are realistic candidates to be moved with the caveat that the Flyers retain half of his $8.275MM AAV.  Without that, they can’t maximize their value and if they’re moving him, they’re going to want to maximize their value so for the purposes of this exercise, let’s assume they’re picking up 50%.

I think any return for Giroux is a three-piece one.  A first-round pick should be on the table at a minimum.  There’s going to be some sort of cap/salary ballast even with retention, a $2MM winger or something like that on a short-term if not expiring contract.  Who’s giving up the first-round pick and when will determine how prominent the third piece – a prospect – is.  If it’s a true contender who’s expected to be picking in the late 20s/early 30s, that prospect is going to be close to an A-level one.  But if it’s one who could be an early-exit candidate where the pick is a bit higher, the caliber of prospect will drop accordingly.

In terms of possible suitors, I like the Avalanche here if they can make the money work.  Adding another impact forward would give them a big boost offensively and while that’s not necessarily a huge need for them, they’re all-in and any upgrade is a good one.  If the Rangers opt for a prominent rental, they should be in the mix as well.  Minnesota has a need and while there’s no way he’d fit cap-wise beyond this season, they can add him this year.  I’ve seen Boston suggested as a fit and while there is one on paper, I’m not sure this is the right time for them to pay the type of price that should be needed to get him when they’re a team that seems likely to be in a Wild Card spot.

pawtucket: Should Arizona stand pat with Chychrun since he’s playing like a pile of hot garbage right now (considering his success last year) and maybe look to move him when his stock is back where it belongs?

The Coyotes are playing the market perfectly for Chychrun right now.  They’ve set an exorbitant asking price to the point where if a team met it, they’d be overpaying by a considerable margin (such as the Kings proposal from last weekend’s mailbag, it’s absolutely a crazy overpayment by Los Angeles but barring that type of return, they’ll hold onto him).  They’re firmly in the driver’s seat here.

Teams are smart enough to realize that Arizona is a bit of a unique environment to the point where it’s hard to look good, especially when you’re the one going against top competition every night on a team that has no hopes of winning anytime soon.  On a more competitive team, I think pretty much everyone thinks Chychrun will rebound so his current season shouldn’t hurt his value much, if at all.

There are several teams where he’d be a number one defenseman and at $4.6MM for three more years after this one, there is plenty of surplus value in his deal.  It may be easier to move him in the summer when more teams have cap flexibility and a willingness to change core players but even at that point, the price will be significant.  Ask for the moon now and if someone is willing to pay it, ask for a bit more and then make the deal.  If no one’s willing to pay up, they can easily wait things out.

wreckage: Should the Oilers trade one of McDavid or Draisaitl in an attempt to build a more complete team. And what could the return look like?

GM Ken Holland has boxed himself in to an extent with some of the long-term contracts he has handed out as of late.  There isn’t a lot of financial flexibility moving forward which is going to make it extremely difficult (if not impossible) to address improved depth for next season and beyond and their goaltending for the foreseeable future.

Trading one of Connor McDavid or Leon Draisaitl shouldn’t be Plan A so I’m not going to sit here and say they should do that but I wouldn’t be shocked if it came to that in a couple of years.  If they can’t make a deep playoff run this season or next, it’s going to be time for the Oilers to look in the mirror and ask themselves if a team built this way can ever get to that level (and by then, it may not be Holland trying to answer that question).

At that point, Draisaitl will be two years away from testing the market and McDavid three.  If they can’t clear out some of their long-term contracts, it’s going to be hard to keep them both.  So when is the optimal time to try to move one of them?  It’s probably in this stretch and I’d suggest Draisaitl would be the one to go.  Two full seasons of an elite center would yield a big return and allow them to either kickstart a rebuild or try to fill some of those big holes.

That makes a trade hard to forecast.  If they’re rebuilding, they’d be looking for multiple first-round picks, top-end prospects, and young, controllable NHL talent.  If they’re retooling, they’ll be looking to fill some holes and I can’t project what those would be in 2024 as I expect some of their current ones will be addressed by then (or at least they’ll try to do so).  I’d think they’d want an established cost-controlled top-six forward and top-four defenseman, plus some other younger assets to either serve as low-cost regulars for a bit or assets to flip for other win-now pieces.  It’s a fun ‘what if’ scenario but it’s a bit early to try to make some projections on what they’d get back.

Coach Tucci: Do you see the Islanders making any moves to strengthen the team or will they be sellers?

I feel the Islanders are better than where they are in the standings.  They had a lot go against them in the early going this season.  But they’re 17 points out of a Wild Card spot.  I know they have games in hand on everybody but that still seems like far too much of a gap to try to make up.

That said, I don’t think they’re going to sell all that much, in large part because they don’t have a great group of pending unrestricted free agents.  Cal Clutterbuck has a bad contract and probably isn’t worth much, Zach Parise can’t score, and Zdeno Chara and Andy Greene are role players at most for contenders.  There could be a late-round pick or two for some of them but that’s about it.

Because they had so many negatives early on (the long road trip to start, plenty of injuries, and an untimely COVID outbreak), I can’t see Lou Lamoriello really wanting to subtract too much from his core.  They’ll actually have a bit of cap flexibility next summer to try to add at that point so I suspect they’ll want to keep their cap space for that time.

If I had to pick one veteran signed for next season that could go, it’s goalie Semyon Varlamov.  Having that platoon with Ilya Sorokin is nice but that could be money that’s reallocated towards another impact piece for 2022-23.  There are playoff-bound teams that could use Varlamov but it might be easier to do that deal in June or July than it is now.  Long story short, I expect a pretty quiet deadline from the Islanders.

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Salary Cap Deep Dive: Arizona Coyotes

Navigating the salary cap is one of the more important tasks for any GM.  Teams that can avoid 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 for the 2021-22 season and beyond with contract statuses as of the beginning of the year.  This will focus more on players who are regulars on the roster versus those who may find themselves shuttling between the AHL and NHL.  All cap figures are courtesy of CapFriendly.

Arizona Coyotes

Current Cap Hit: $74,484,534 (under the $81.5MM Upper Limit)

Entry-Level Contracts

F Barrett Hayton ($864K this season)
D Janis Moser ($887K through 2023-24)
G Karel Vejmelka ($842.5K this season)

Potential Bonuses:
Hayton: $2.15MM
Moser: $82.5K
Vejmelka: $82.5K
Total: $2.315MM

Hayton has not lived up to his draft billing, one that felt like an overdraft at the time when he went fifth overall on the back of being a center in a draft where there weren’t many centers ranked high.  He’s averaging nearly 17 minutes this season but hasn’t done much with them.  There’s no way a long-term contract will be on the table in the summer; he’ll be looking at a bridge deal and a one-year pact wouldn’t be surprising at a little over his current AAV.

Moser was somewhat of a surprise second-rounder in the last draft in his third year of eligibility but he is a quality late-bloomer as he has worked his way into a regular role on Arizona’s third pairing over the last couple of months.  It’s a role that shouldn’t make him overly pricey if he stays there over the next two seasons although with how quickly he has worked his way into the lineup, it’s certainly fair to think he could still have another level in him.

Vejmelka (who was once a Nashville prospect that went unsigned) went from a candidate to battle for the backup spot to their full-fledged starter fairly quickly.  His overall numbers aren’t great but he has shown enough to get a multi-year deal this summer to remain part of the tandem for the Coyotes for a little while yet.  At 25, he’s already arbitration-eligible although, with a limited track record, that won’t help a lot.  He should still be able to at least double his current AAV and if a third season is tacked on, a cap hit around the $2MM range is reasonable.

Signed Through 2021-22, Non-Entry-Level

F Jay Beagle ($3.2MM, UFA)
F Travis Boyd ($750K, UFA)
D Kyle Capobianco ($775K, RFA)
F Lawson Crouse ($1.533MM, RFA)
F Ryan Dzingel ($1.1MM, UFA)
F Loui Eriksson ($6MM, UFA)
F Christian Fischer ($1MM, RFA)
F Alex Galchenyuk ($750K, RFA)
G Carter Hutton ($750K, UFA)
F Dmitrij Jaskin ($3.2MM, UFA)
F Johan Larsson ($1.4MM, UFA)
D Ilya Lyubushkin ($1.35MM, UFA)
F Phil Kessel ($6.8MM, UFA)*
D Dysin Mayo ($750K, RFA)
F Riley Nash ($750K, UFA)
F Liam O’Brien ($750K, UFA)
F Antoine Roussel ($3MM, UFA)
D Anton Stralman ($5.5MM, UFA)
G Scott Wedgewood ($825K, UFA)

*-Toronto is retaining an additional $1.2MM of Kessel’s salary

Yes, the overwhelming majority of Arizona’s roster is only signed through this season and that’s by design.  There are some notable players among the long list of fillers though.

Kessel hasn’t been able to score much this season – few have for the Coyotes – but he has become a better playmaker along the way.  He’s a strong candidate to be moved at the deadline but with only a $1MM base salary, Arizona should be in no rush to move him as whatever contract they take to offset his AAV will undoubtedly cost more in salary dollars.  Kessel won’t be able to command anywhere near his $8MM price tag on the open market but as a serviceable secondary scorer, it wouldn’t be shocking to see him in the $5MM range when all is said and done.  Worth noting is that he turns 35 in October which means he isn’t subject to the 35-plus classification, giving interested teams a chance to work out a multi-year deal without any risk.

Among the RFA forwards, Crouse is heading for a nice pay raise.  He has been given a much bigger role this season and has made the most of it, scoring at close to a 20-goal pace.  As a power forward with a bit of offensive touch, there has been considerable trade interest in him but if he sticks around, he’s the type of player where it may not be surprising if GM Bill Armstrong tries to do a long-term deal in the high $4MM/low $5MM range.  Fischer has seen his production drop sharply from his rookie season to the point where he is more of a fourth liner instead of someone believed to be part of their long-term plans a few years ago.  His qualifying offer is just over $1.125MM but he has arbitration rights.  A non-tender isn’t a guarantee but it’s a possibility if they can’t work out a new deal around his current price tag.

Jaskin is an interesting case – his contract made little sense based on his previous NHL history and while he produced overseas, it didn’t translate to the type of top-six role anyone was hoping for.  Based on his history as an energy player, he could get a bit more than $1MM in free agency this summer but a trip back to the KHL where a bigger contract likely would be waiting for him is definitely an option as well.  Boyd hasn’t had much interest in free agency in the past but his numbers this season could boost his market to the point where he can land a bigger deal and a multi-year commitment.

Many of the other UFA forwards – including the high-priced ones – are depth pieces and role players that are likely looking at something around $1MM or less in free agency.  Several of them just went through the process last offseason with low levels of interest while some of their recently acquired players should have some interest at a much lower price tag (Roussel as an energy winger and Beagle as a faceoff specialist, for example).  Those players, meanwhile, will likely be either re-signed or replaced by others willing to play for a similar amount.

On the back end, Stralman was acquired in a salary dump from Florida and had a chance to play a bigger role to rebuild some value.  He has been decent for the Coyotes but nowhere near the level of a $5.5MM player.  He’ll be 36 before next season starts and is someone that may have to go year-to-year from here at a price tag closer to half of what he’s making now.  Lyubushkin continues to be a physical, stay-at-home defender and the fact he’s logging over 18 minutes a game will help his value.  A deal similar to Jani Hakanpaa’s with Dallas (three years, $1.5MM AAV) should be attainable; while the price would be only a small increase, the security would be nice for someone that has gone year-to-year since coming to North America.

In goal, Wedgewood has helped his value since Arizona claimed him off waivers.  He’s still in the lower end of backups and would be a third-string option on a lot of teams though so while he has earned a raise, it will probably be a small one.  Something around $1MM – an amount that can be buried in the minors without any residual cap charge – could be attainable and would be a nice raise for someone who has never had a one-way contract before.

Signed Through 2022-23

D Shayne Gostisbehere ($4.5MM, UFA)
F Andrew Ladd ($5.5MM, UFA)
D Conor Timmins ($850K, RFA)

Ladd was one of many salary dumps the Coyotes took on last offseason with Arizona getting three draft picks (including the one used on Moser) for their troubles.  He has been able to hold down a regular spot in the lineup but that’s about all.  At this point, it’s hard to see Ladd getting another contract when this one is up but if he does, it’ll be very close to the league minimum.

Gostisbehere has had quite a nice bounce-back season with the Coyotes.  After being more of a depth piece with the Flyers, he has again become one of the higher-scoring defensemen in the league, ranking in a tie for 16th overall.  If he can maintain that pace for the rest of this deal, he should have a sizable market in 2023 with a shot at a small raise, something that didn’t seem feasible last summer.  As for Timmins, he was a key part of the Darcy Kuemper trade but his season came to an end quite early due to a knee injury.  At this point, a one-year deal for 2023-24 seems probable unless he’s able to establish himself as a go-to defender next season but with just 39 games of NHL experience, that’s a tough ask.

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