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Reilly Smith

Golden Knights To Acquire Reilly Smith From Panthers

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According to TSN’s Bob McKenzie, the Florida Panthers will not stop at just losing one top-nine forward in expansion. While it has been confirmed that Jonathan Marchessault was the Expansion Draft pick by the Vegas Golden Knights, Reilly Smith has also been informed that he will be Las Vegas-bound.

While the details of the deal have not yet been announced, there are two possibilities for this side deal with Vegas. The first is that Smith was thrown in alongside the Marchessault pick to keep the Knights from selecting another exposed player, likely defenseman Jason Demers. Many were surprised when Florida protected four defenseman, leaving many forwards open for the taking, including Marchessault and Smith, but the move would make more sense if that was what was required for Vegas to ignore Demers. The other potential deal could be independent from expansion, as it has been reported that the Panthers may not have wanted to re-sign Marchessault anyway and thus their protection scheme was logical. In this scenario, Smith may be going to Vegas alongside a yet-to-be-named draft pick or prospect. Although Smith is a two-time 20-goal scorer and just 26 years old, he is due to begin a five-year, $25MM contract next season after scoring a career-low 37 points in 2016-17.

Vegas will be the fourth NHL team for Smith, who was originally dealt to the Boston Bruins as part of the Tyler Seguin deal. The Bruins encountered the same pattern with Smith as Florida did: after a great first season, the production fell off in year two and he was traded before beginning an expensive extension. Perhaps head coach Gerard Gallant, who enjoyed coaching Smith in Florida before he was fired earlier this season, sees something that others don’t and can make the most of his $25MM deal. However, hold your opinions for two years from now, because history shows that he’ll likely have a strong first campaign in Las Vegas before the real test begins in 2018-19.

Snapshots: Methot, Karlsson, Marchessault

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The Ottawa Senators were put in a rough predicament when Dion Phaneuf turned down the team’s request to waive his no-trade clause. The organization is very high on Cody Ceci, and considering the depth of forwards they needed to protect, they were forced to expose Marc Methot. Many mock drafts have the veteran defender headed to Vegas, including our own. Some have even contemplated whether Methot could find himself in a captaincy position in Nevada. Bruce Garrioch of the Ottawa Sun explains how difficult a decision that was for Pierre Dorion and his staff, and how they tried to trade Phaneuf up until the last minute. Ottawa could theoretically try to bribe Vegas with the #28 pick, but considering that the team only has 4 picks overall, that seems unlikely. The more probable scenario is that Ottawa merely takes the blow and moves on.

  • The Blue Jackets truly want to hang onto their youngest talents, according to Aaron Portzline of the Columbus Dispatch. They are supposedly surrendering their 1st round selection to Vegas in order to keep Josh Anderson and Joonas Korpisalo. What makes nearly no sense is the apparent fact that this deal also warns the Knights off of veteran defenseman Jack Johnson. Johnson is an average defender, and with the rise of Zach Werenski and others he doesn’t seem to be a pivotal piece any longer. Vegas will probably choose William Karlsson or Ryan Murray as low-risk claims and run away happy from this deal. The valuation of a first-rounder is probably the lowest in ages, and the anxiety surrounding the protection lists has seemingly reduced their value even further.
  • Harvey Fialkov of the Sun Sentinel has Jonathan Marchessault headed to Vegas, based on the reports he’s been hearing. Defenders Jason Demers and young forward Reilly Smith are also available as high-value options for the Knights. According to Marchessault himself in an interview on TVA Sports, Tallon wasn’t able to negotiate a protection deal with Vegas. He was certainly being shopped in the lead up to Sunday. The entire Florida protection list was confusing, but Marchessault’s exposure was a truly unforced error by GM Dale Tallon. The 30-goal scorer will almost certainly find a home in Vegas’ top six, and the loss of this quality of player for absolutely nothing is perplexing the entire league. It’s certainly possible Marchessault has a down year after a career one, but asset management was completely blown in this case, and Vegas looks to reap that reward.

Panthers Lose Reilly Smith For 7 – 10 Days

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Last night, the Florida Panthers blew a two-goal third period lead in their 4 – 3 loss to Detroit. Compounding that disappointment further is word that the team will be without the services of winger Reilly Smith for the next 7 – 10 days, according to head coach Tom Rowe via George Richards of the Miami Herald. Smith, who scored a goal in the first frame, suffered a concussion after a heavy hit from Niklas Kronwall in the second period.

Projecting a recovery time line for a concussion is usually a trick endeavor but Rowe said the team believes “it’s not too serious,” and the hope is that Smith will be back sooner rather than later.

Smith has scored seven goals and has 15 points in 35 games for Florida while averaging a career-best 19:12 of ice time per game. He’s been heating up as of late with three markers and five points over his last six contests. Last season the 25-year-old forward scored a career-high 25 goals and 50 points, helping the Panthers to an Atlantic Division championship and the team’s first playoff berth in four years. Smith’s production prompted Florida to sign the winger to a five-year, $25MM extension this past July, even though Smith still had a year remaining on his current contract.

Nick Bjugstad Out Four Weeks With Broken Hand

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According to George Richards of the Miami Herald, Florida Panthers centerman Nick Bjugstad has broken his hand and will be out at least four weeks. With the season beginning in less than a week, the young Panther will miss at least a few games with the injury.

Bjugstad, 24, is one of the core of young forwards the Panthers have locked up over the past two years, joining Aleksander Barkov, Vincent Trocheck, Jonathan Huberdeau and Reilly Smith in signing at least through the 2020-21 season. These five, when joined by the likes of Aaron Ekblad, Keith Yandle and Jason Demers on the back end, will be the foundation on which the Panthers operate for the future.

After three solid seasons with Florida, Bjugstad is looking to take the next step and move from the 30-40 point two-way center to a legitimate offensive force capable of scoring 25 goals and 50 points each year. While this injury is a setback, he’ll likely only miss around 10 games and should be able to contribute after that.

The Panthers made a few cuts this morning and are now down to 26 (not including Bjugstad) in camp. The team can only take 23 with them when the season begins, meaning there are still a few tough decisions to be made.

Panthers Reach Six-Year Extension With Jonathan Huberdeau

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The Florida Panthers have locked up another young forward.  The team has come to a six-year extension with Jonathan Huberdeau that will pay him $35.4MM ($5.9MM AAV). Currently under contract for one more season, Huberdeau is earning $3.25MM in 2016-17, and would be an arbitration-eligible restricted free agent next summer. Jonathan Huberdeau

The 23-year old was once the third overall pick by Florida in the 2011 draft, and has done nothing but score in his short NHL career. In 272 career games, the former Saint John Sea Dog has 172 points, including a career-high 59 last season. Skating mostly alongside Aleksander Barkov and Jaromir Jagr, the trio formed one of the more dominant lines in the Eastern conference last season, combining for 184 points.

Florida has quickly locked up much of their future this summer, signing extensions with Reilly Smith (Five years, $25MM), Vincent Trocheck (Six years, $28.5MM) and Aaron Ekblad (Eight years, $60MM) while signing free agents Keith Yandle (Seven years, $44.45MM), Jason Demers (Five years, $22.5MM) and James Reimer (Five years, $17MM) to long-term deals.

With it, the team has created cap certainty in a world where that’s very valuable from year to year, and has built a core that is easily a playoff contender every season. With no one cracking $8MM per season (Ekblad comes the closest at $7.5MM) they’ve also ensured that they won’t have too much money tied up in a single player or pair like many of the other cup contenders around the league.

Bob McKenzie of TSN was first to report the sides were close, and Chris Johnston of Sportsnet reported it was done.

Photo courtesy of USA Today Sports Images. 

Panthers Notes: MacKenzie, Reimer, Huberdeau

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Today marked another long-term extension for the Panthers, as the team locked up 25-year old Reilly Smith for another five seasons. It’s the latest in a series of big moves the Panthers have done as they build their team to compete for the short and long term.  In a series of tweets, play-by-play announcer and Fox Sports Florida reporter Steve Goldstein gives us some insight into the rest of their summer:

  • Assistant captain Derek MacKenzie is currently an unrestricted free agent but seems destined to head back to Florida at some point. Goldstein describes it as a formality, and expects him to be around for the next few seasons. MacKenzie is regarded highly in the Panther dressing room, and provides some toughness to their bottom six.
  • Newly signed goaltender James Reimer may play in as many as 35 games this season even without an injury to starter Roberto Luongo.  With Luongo’s advanced age, the team will look to protect him for a long playoff run. Reimer signed for five seasons and is expected to take the reins at some point down the road.
  • GM Tom Rowe expects to get a long-term extension done at some point with forward Jonathan Huberdeau.  The former third overall pick represents the last of the young group Florida has built, and due to some savvy cap management, the team will have money for him going forward.  Huberdeau scored 20 goals and tied for third on the team in points last season with 59.

Panthers Extend Reilly Smith For Five Years

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Clearly the biggest players in free agency this year, the Florida Panthers are close to another move to lock up their young core. Gary Lawless of TSN was first to report that the team was close to an extension with forward Reilly Smith that would pay him $5MM a season for an additional five years.  The team has since confirmed the length of the deal, though not the financial details.

In just the past few weeks, the team has traded for then signed Keith Yandle, dealt away Dmitry Kulikov, given extensions to Aaron Ekblad and Vincent Trocheck, signed free agents Jason Demers and James Reimer, and pretty much owned the hockey world.

Smith, 25, had an excellent season last year with the Panthers, scoring 25 goals and 50 points. The former third round pick has had quite a start to his career, putting up at least 40 points in each of his first three full seasons. The talented young winger came over to Florida in the deal that saw them take on Marc Savard’s cap-hit from the Bruins, one that they recently dealt to New Jersey for some cap relief of their own.

The Panthers have been on quite a clear path lately, trying to push past the first round of the playoffs for the first time since 1996, the year they lost in the Cup finals to Colorado. After being knocked out by the New York Islanders last season, the team has made clear upgrades to their defensive group, and should have one of the better top pairings in the league with Ekblad and Yandle signed long-term.

Smith is still under contract for next season at a $3.43MM cap hit, meaning that a five-year extension would take him through the 2021-22 season.  Perhaps not coincidentally, that is also when Trocheck and Aleksander Barkov will hit free agency, giving the team a chance to re-tool if they need to at that point.

If the financials are true, it would mean the Panthers have four young forwards under contract long-term for less than $6MM apiece in Barkov, Trocheck, Smith and Nick Bjugstad. All 25 or under, that quartet scored 93 goals last season. Next on the to-do list would be Jonathan Huberdeau, the former third overall pick who put up 20 goals of his own last season.  He’s due $3.25MM next year before becoming an arbitration-eligible RFA next summer.

Free Agent Focus: Florida Panthers

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The Florida Panthers saw drastic improvement in 2015-16, winning the Atlantic Division with a 47-26-9 record. They made the playoffs for just the second time this century, but lost in six games to the New York Islanders. The team was well-rounded, with young forwards Sasha Barkov, Nick Bjugstad, and Jonathan Huberdeau learning under legend Jaromir Jagr up front and franchise defenceman Aaron Ekblad developing nicely on the back-end. Veteran goaltender Roberto Luongo turned in an All-Star performance.

Despite winning their first ever division title on the backs of their young talent, the Panthers fired their head scout in May. Scott Luce had been with the team since 2003. The team also promoted GM Dale Tallon to President of Hockey Operations and replaced him Tom Rowe, the associate GM. The team also made a pair of intriguing trades, sending tough D Erik Gudbranson to Vancouver for picks and getting rid of the contract of Marc Savard.

Projected Cap Space: $20.8MM, 18 players under contract

Key Restricted Free Agent: Vincent Trochek enjoyed a tremendous break-out season with 53 points in 76 games. His 25 goals were tied with Reilly Smith for second most on the Panthers. The two-way centre missed the end of the regular season with a fractured fibula. He returned for game 5 of the post-season, posting a single assist in two losses.

The undersized Trochek will likely be looking for a similar, if not bigger, contract to the one Riley Sheahan signed today.

Other RFAs: Quinton Howden, Greg McKegg

Key Unrestricted Free Agents: Defenceman Brian Campbell is no longer the top-pairing offensive dynamo he once was. But he’s still a dependable second or third pairing option to mentor the Panthers young defence core. He’s also in line for a significant pay cut from the $7.142MM annual salary he’s made since 2008.

Other pending UFA Jaromir Jagr has already been extended for another season.

Other Unrestricted Free Agents: Captain Willie Mitchell (retiring), rental wingers Teddy Purcell and Jiri Hudler, and backup goaltender Al Montoya.

The team will be looking for a taker for underperforming centre Dave Bolland, who scored just 5 points in 25 games last season but is making $5.5MM per season until 2019. Any trade involving Bolland would require a big sweetener, so a buyout is more likely. His health is also a potential roadblock in either case.

As well, the Panthers will be looking to acquire another goaltender. The 37-year-old Luongo has played 129 games in the last two seasons, so a solid young goaltender who can play 30 games would ease the workload and allow Luongo to be fresher for the playoffs.

Last year’s 11th overall pick, young power forward Lawson Crouse is expected to be given a long, hard look in training camp, but the team may also choose to acquire a winger to replace trade deadline rentals Purcell and Hudler.

The Panthers have plenty of cap space and new management looking to make a splash. However, new GM Tom Rowe must be wary of cap space heading into next off-season, with 11 players coming off the books including Ekblad, Smith, Huberdeau, Jagr, Dmitry Kulikov, and Alex Petrovic.

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