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Richard Panik

Notable Contracts Signed During Playoffs

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The NHL’s regular season ended on April 9. Since then, there have been six notable contracts handed out by teams who either missed the playoffs or were eliminated early. We also saw the first major signing by the expansion Vegas Golden Knights.

At the half-way mark of the playoffs, let’s take a look at the bigger contracts signed so far:

April 24 – The New York Islanders re-signed Dennis Seidenberg to a one-year extension worth $1.25MM. A year removed from being bought-out by the Boston Bruins, Seidenberg signed with the Islanders during training camp. The defensive defenseman scored five goals and 22 points in 73 games with the Islanders. Seidenberg will be exposed in the expansion draft, but is not the most-appealing option that will be available to the Golden Knights from the Islanders roster.

May 2 – The Toronto Maple Leafs finally confirmed the long-rumored signing of defenseman Nikita Zaitsev to a seven-year, $31.5MM extension. That’s an average of $4.5MM per season, which is fair value for a top-four defenseman on a long-term deal. The 25-year old transitioned exceptionally to the NHL, registering 36 points while leading the Maple Leafs in ice-time and playing in all 82 regular season games. The term is likely longer than most Maple Leafs’ fans wanted, but will keep the cap hit down. He will also be exempt from this spring’s expansion draft.

May 4 – The Vegas Golden Knights made their first major acquisition (sorry, Reid Duke) by signing KHL star Vadim Shipachyov to a two-year, $9MM contract. The 30-year-old center scored 76 points in 50 games this season for SKA St. Petersburg. That was good for third in the KHL and second on SKA, behind only Ilya Kovalchuk. Shipachyov is a highly-skilled offensive player, but isn’t a big body at 6’1, 190 lbs. Vegas hopes he’ll be a marquee talent for the expansion club.

May 5 – The Carolina Hurricanes traded for Chicago Blackhawks backup goaltender Scott Darling in late April, and spent less than a week negotiating a new four-year, $16.6MM contract. Darling spent three seasons with the Blackhawks, going from a little-known name to one of this summer’s most highly sought-after goaltenders. In 32 games this season, Darling went 18-5-5 with a 0.924 SV% and a 2.38 GAA. The Hurricanes still owe Eddie Lack and Cam Ward over $6MM for the upcoming season.

May 9 – The Los Angeles Kings’ new GM Rob Blake locked up one of his team’s key young players to a four-year, $15MM contract. Tanner Pearson finished third on the Kings in scoring, with a career-high 44 points. The Kings had a disappointing season, but Pearson was one of their few bright spots.

May 11 – After a 22-goal season, Richard Panik signed a two-year, $5.8MM extension with the Chicago Blackhawks this morning. Panik caught on with the Chicago Blackhawks last season and has been a regular fixture with captain Jonathan Toews on the top line. Prior to his 44-points this season, Panik’s previous career-high was 17 points. While he left some money on the table, it was unlikely that he would find a better spot than on Toews’ wing.

Snapshots: Ovechkin, Sharks, Panik

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While Alex Ovechkin has been the butt of many jokes since his Washington Capitals were once again eliminated in the second round of the Stanley Cup playoffs by the Pittsburgh Penguins, it turns out that it’s not just his pride that has taken a beating this spring. The superstar forward will not join Team Russia at the World Championships because of a lower-body injury. Ovechkin apparently had been taking “pain numbing injections” just to stay on the ice for the Capitals, possibly because of the low hit he took from Nazem Kadri in the first round.

Ovechkin has played in the World Championships an amazing twelve times over his career, and has always been willing to suit up for his country on the international stage. Dmitry Orlov and Evgeny Kuznetsov will join Team Russia for the tournament. The pair are both restricted free agents this summer, and will be a big part of the introspective offseason Washington has ahead of them.

  • Henrik Lundqvist will also be attending the tournament to play for Sweden, who desperately need his help. The team is currently going with a duo of Viktor Fasth and Eddie Lack in net, a clear weakness on their otherwise impressive squad. With defenders like Victor Hedman, Jonas Brodin and Oliver Ekman-Larsson in front of him, Lundqvist should help the Swedes become a medal favorite if they weren’t already. He’ll also be joining brother Joel on the team, who is captaining this group.
  • According to Paul Gackle of the Mercury News, the San Jose Sharks are getting close to new contracts with restricted free agents Joonas Donskoi and Melker Karlsson. The pair represent two of the Sharks’ biggest tasks for the offseason, along with decisions on Joe Thornton and Patrick Marleau. Donskoi and Karlsson both didn’t perform up to the lofty expectations they had after their early success in the league, with just 17 and 22 points respectively. It will be interesting to see where they both land salary wise, as the Sharks have Brent Burns’ extension kicking in along with upcoming deals for Martin Jones, Marc-Edouard Vlasic and Tomas Hertl to contend with next summer.
  • Richard Panik apparently was surprised by the Chicago Blackhawks’ first contract offer, and didn’t need to negotiate according to Mark Lazerus of the Chicago Sun-Times. That offer was the two-year, $5.6M deal he signed earlier today, which will see the team keep a 20-goal man for under $3MM. Panik knows that playing with Jonathan Toews is likely the best scenario he’ll find anywhere in the league, but that he could earn a much bigger contract in two years when he hits unrestricted free agency. He’ll hit the open market at just 28, and if he has three 40-50 point seasons under his belt people will be lining up to hand him a long-term deal.

Richard Panik Signs Two-Year Extension With Chicago Blackhawks

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The Chicago Blackhawks have locked up a valuable piece, signing Richard Panik to a two-year contract extension.  The deal is worth $2.8MM per year, and will expire after the 2018-19 season. Panik was set to become a restricted free agent this summer, and had arbitration rights that would have likely awarded a hefty raise. "<strongRichard Panik” width=”216″ height=”300″ />

Formerly a failed prospect that bounced through two organizations, Panik was acquired by the Blackhawks for Jeremy Morin in early 2016 and has found a perfect fit in Chicago. While the Hawks have searched for ages to find wingers for Jonathan Toews, Panik slid in nicely beside the captain and scored 22 goals this season, easily a career high. The former second-round pick is still just 26, and coming off a 44 point season looks like a core piece for the Hawks going forward.

The interesting part of this deal though is how little cap space the Blackhawks had even before factoring in his ~$2MM raise. Including Panik, the Blackhawks now have over $73MM dedicated to contracts for next season already, and while the salary cap is expected to go up to somewhere around $75-76MM, that doesn’t leave them much room to work with. Artemi Panarin’s bonuses from this year are also carrying over, which would actually push them over that threshold. Their remaining restricted free agents include Tomas Jurco, Michal Kempny and Dennis Rasmussen, and while none of those names deserve a huge raise they will nonetheless cost something. It seems Chicago will have to move out an asset once again to maintain their salary cap structure, following the trend that has seen Teuvo Teravainen, Brandon Saad, Nick Leddy and others get shipped out long before their usefulness expired.

While a 20-goal scored for under $3MM is a solid deal for any team—as Pierre Lebrun of TSN points out, saying that Panik left money on the table to stay in Chicago—it will have ramifications elsewhere on the roster as the summer goes on. Getting out from under Brent Seabrook or Marian Hossa’s huge deals would be beneficial for Chicago, but getting them to waive their no-movement clauses and finding a taker for the huge cap hits and term will be difficult.

Pierre LeBrun of TSN provided the financial details on the contract.

Photo courtesy of USA Today Sports Images

Snapshots: Gilbert, Schmaltz, Vrbata

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When Tom Gilbert was traded from Los Angeles to the Washington Capitals just over a week ago, it was a step in the right direction for the veteran defenseman. Gilbert had played just 18 games for the Kings and was clearly not in their plans after sending him through waivers to the AHL. He told Isabelle Khurshudyan of the Washington Post as much and admitted that coming to Washington was very exciting for him. The Capitals acquired him mostly as injury depth, as he is still playing at the AHL level. But perhaps his coming East will pay off already.

Matt Niskanen was taken out of last night’s game with a lower-body injury, and though it doesn’t seem to be serious it is a sign of how close Gilbert is to having to play a vital role on the best team in the NHL. The Capitals already have just two right-handed defensemen—Niskanen and John Carlson—and use Nate Schmidt on his off-side with Brooks Orpik. If either of Niskanen or Carlson went down it would open a gaping hole on the Caps back end, one that Gilbert would gladly step into. Remember that though it was a long time ago, Gilbert was once a 45 point defenseman, capable of moving the puck with the best of them. It’s nice to have depth.

  • It’s a dream come true for Chicago Blackhawks winger Nick Schmaltz as he plays alongside Jonathan Toews. Schmaltz had three points last night and looks to be finding a nice groove on the wing of the resurgent Toews. In his rookie season Schmaltz has just 14 points in 41 games, but six of those have come in the last five as he’s gotten a nice icetime bump. Mark Lazerus of the Chicago Sun-Times writes in his latest column that the Blackhawks may have found an answer long-term on the captain’s wing. It doesn’t hurt that both are from the University of North Dakota and have taken a very similar path to the NHL.
  • If you consider Schmaltz a long-term piece on the top line, then how do you fill the other side? Is Richard Panik really the answer beside Toews? Craig Morgan of FanRag Sports has his doubts, and suggests a former Hawk should make his way back to the Windy City. Radim Vrbata is available at the deadline, and with his ridiculously low cap-hit of just $1MM, Chicago could likely afford him for the final part of the season. The veteran winger has 41 points this season and has rebounded well from the worst year of his career.

Snapshots: Panik, Greene, Wild, Miller, Selanne

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A little more than a year ago, Chicago and Toronto made a small trade of underperforming players that wound up yielding the Blackhawks a productive forward in Richard Panik, a move that is really paying dividends now, writes Chris Hine of the Chicago Tribune.

Panik has played several roles this season, spending time in the bottom six in a defensive role while logging plenty of minutes on their top line as a scorer well.  He has responded by matching his career high in goals with 11 and setting a new career best in points with 20.

The 25 year old has provided the Blackhawks with solid value on the salary cap as well as he is earning just $875K.  He is slated to become a restricted free agent this summer.

Meanwhile, the player Chicago gave up, Jeremy Morin, is now on Tampa Bay’s farm team.   The Leafs flipped him to San Jose last February and then the Sharks failed to tender him a qualifying offer back in June, making him an unrestricted free agent.  It may have been a minor move at the time but suffice it to say, the Blackhawks came out on top of that one.

Other news and notes from around the hockey world:

  • Although it was looking like Devils defenseman Andy Greene was nearing a return from an arm injury, it’s looking like he won’t be back until after the All-Star break, notes NJ Advance Media’s Chris Ryan. Greene had started to participate in full practices but has been scaled back to skating on his own over the past week.  Fellow blueliner John Moore (concussion) is also expected to be out until after the break.
  • The Minnesota Wild made a pair of roster moves today, assigning right Kurtis Gabriel to Iowa of the AHL while recalling Christoph Bertschy (Twitter links). Gabriel has played in 13 games with Minnesota this year while Bertschy has seen action in five games; both players have a single NHL assist this season.  Center Mikko Koivu missed Sunday’s game due to illness and is questionable to play tomorrow although he did make the trip to Dallas.
  • After sending him to the minors earlier today upon clearing, the Red Wings have recalled left winger Drew Miller, reports MLive’s Ansar Khan. The roster spot for him to return was created when Dylan Larkin was placed on injured reserve with an upper body injury.  Miller can remain on the Red Wings’ roster for 30 days or ten games played without having to go through waivers again.
  • Although former NHL winger Teemu Selanne served as an advisor for the Finnish entry into the World Cup of Hockey, he has no plans to move into a management or advisory role on an NHL team in the near future, he told NHL.com’s Lisa Dillman. He wouldn’t rule out getting back into the game at some point in one of those capacities although he does not have any plans to coach in the future.

Blackhawks Notes: Forsling, Pokka, Schmaltz, Darling

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The Chicago Sun-Times Mark Lazerus writes that defenseman Gustav Forsling could be sticking around with the Hawks for a little bit longer.  The 20-year-old was paired with Brian Campbell during the Hawks’ 2-0 loss against Pittsburgh, and might be a great fill-in should Duncan Keith not be able to play when Chicago expects him to. Lazerus notes that head coach Joel Quenneville has carried as many as eight defensemen in the past, so holding onto the “kid” might not be far fetched. Assistant coach Kevin Dineen says that the Blackhawks are a “performance based organization” that will give the job to the most deserving player. Scott Powers argues that Forsling still won’t see the time he could have due to Campbell signing on the cheap, and Michal Kempny choosing the Hawks. Forsling, he writes, is most likely headed back to Sweden, despite the Hawks sounding like they might be making a place for him. Powers adds that Forsling is certainly NHL ready but that sending him back to Sweden to push his next contract off a year might be incentive enough to keep his off the roster.

In other Hawks news:

  • Powers continues his defensive analysis by writing that Ville Pokka is also not too far away from being a mainstay on the blue line. Though he’s a bit slower in stride and not as gifted athletically as other d-men, Powers believes that his acumen and hockey IQ will more than compensate for an eventual shot with the Hawks. He will have a chance in Chicago–it’s just a matter of when.
  • Chicago is high on Nick Schmaltz for obvious reasons, and Powers writes that his work with fellow rookie Vinnie Hinostroza and Richard Panik certainly garnered attention. The three drove possession and were the “best line” on the ice during the Hawks’ preseason loss. He continues by writing that Schmaltz and Hinostroza stand the best chance of making the roster among bubble players.
  • According to Powers, Scott Darling could be a #1 goalie in the NHL when he’s “at his best.” Where Darling needs to improve, writes Powers, is his consistency. Darling is set for free agency after this season, and if he is interested in playing the role of a starter, Powers notes that he will have to be better between the pipes after having considerable time between starts. During Wednesday’s game, Darling had 33 saves on 35 shots and dazzled during the second period with 23 saves. Should his game continue to be as impressive, Darling could expect a lot of phone calls next summer.

Blackhawks Notes: Toews, Season Expectations, Depth

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The Chicago Sun-Times’ Mark Lazerus answers a number of fan questions and starts with potential linemates for Jonathan Toews. Lazerus opines that Richard Panik will most likely start on the right wing while youngsters Nick Schmaltz, Vinnie Hinostroza, or Tyler Motte could end up on the top line as well. Lazerus reports that the Hawks will most likely put Marian Hossa with Marcus Kruger on the third line. Breaking up the dominant Artemi Panarin–Artem Anisimov–Patrick Kane line would be senseless.

Lazerus’ early season prediction about the Blackhawks 2016-17 season isn’t exactly what Hawks fans are used to. While he doesn’t dog the organization, he is extremely realistic in his assessment.  He answered two questions regarding expectations, and with both, Lazerus preached caution. Though he indicates their championship window is still very wide open, he also points out what many others have: the Central Division has a number of very good teams and the Blackhawks’ forward depth is suspect. Lazerus calls the team “very good, albeit flawed.” Lazerus encourages fans to “temper their expectations,” while also stating that they should not “write off the season just yet.” Lazerus adds that the Blackhawks forward depth is a result of the salary cap, and a situation that many Hawk fans should be used to for seasons to come. Then again, Blackhawk fans have been watching their team mitigate through cap issues since 2010.

In other Hawks notes:

  • The Hockey Writers’ David Tews writes that the Blackhawks’ attempts at replenishing depth have resulted in missed opportunities. Much like Lazerus wrote, Tews believes the Hawks’ roster holes–specifically left wing–could come back to hurt the Hawks as the season progresses. Tews is also high on Motte and Schmaltz, similar to Lazerus, but feels opportunities were missed if Chicago didn’t try to grab Brandon Pirri or Jiri Hudler at discounts.

Blackhawks Re-Sign Richard Panik

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UPDATE 4:38 PM CST: Sportsnet’s Chris Johnston gives us details on the contract amount. It’s a one-year deal worth $875,000, which is actually less than he earned last season.

2:00 PM CST: The official team account has confirmed the signing.

1:35 PM CST: According to TSN’s James Mirtle, among other sources, the Chicago Blackhawks have re-signed forward Richard Panik to a one year contract.  Panik came to Chicago in a deal with the Toronto Maple Leafs in January that saw Jeremy Morin head the other way. After the deal Panik, who had been playing for the Maple Leafs AHL affiliate, was put on the top line with Jonathan Toews for long stretches.

A common linemate of Teuvo Teravainen who was dealt earlier today along with Bryan Bickell, Panik will give the Blackhawks an inexpensive skilled forward capable of playing anywhere on the top three lines. His performance in the playoffs this year was exceptional, and really cemented his place on this Blackhawk team going forward.

While the details of the contract are not yet known, Panik should come in with a relatively low cap-hit, somewhere in the $1MM range. That helps the Blackhawks, who without Panik have $62MM allocated to just 15 players. With Andrew Shaw still to be signed, and Artemi Panarin next season, this is a good follow-up move after losing Teravainen this morning.

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