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Salary Cap

Vegas Golden Knights Shopping Max Pacioretty

December 8, 2020 at 8:37 pm CDT | by Zach Leach 21 Comments

Perhaps spurred by the recent progress in getting the 2020-21 season up and running, the Vegas Golden Knights are back at it, working the phones in an effort to make a move to get salary cap compliant. Vegas is one of a number of teams currently over the salary cap upper limit and must shed some salary before play begins. However, the player that GM Kelly McCrimmon is allegedly pushing to other teams may come as a surprise. TSN’s Frank Seravalli reports that veteran forward Max Pacioretty has been the subject of trade talks this off-season, with those discussions picking up steam in recent days.

Pacioretty, 32, may be one of the older players on the Vegas roster but is still an elite scorer. The long-time Montreal Canadien was in fact the Knights’ leading scorer this past season, recording 66 points in 71 games for a career-high scoring clip. He added another eight points in the playoffs. In the two seasons since coming over from the Habs, Pacioretty has shown no signs of slowing down. His loss would be felt in a major way in Vegas, both on the ice and in the locker room.

However, Pacioretty’s $7MM, while commensurate to his production, is a massive weight on the Golden Knight’s salary cap. If the team were to move Pacioretty without retaining any salary, they would not only be under the cap ceiling but would have the flexibility to make an addition if they so desire. Seravalli mentions top available free agent Mike Hoffman or a reunion with Erik Haula as possibilities. One would also think that Pacioretty would still bring in a considerable return as well; he cost Vegas Nick Suzuki, Tomas Tatar, and a second-round pick just two years ago. However, in a definitive buyer’s market, McCrimmon would have to be careful not to give away Pacioretty for too little just for the sake of cap savings. The team was already lambasted for trading top defenseman Nate Schmidt for pennies on the dollar in order to facilitate the signing of Alex Pietrangelo. 

One other concern for the Knights’ brass is the locker room culture. There have already been reports of many players being unhappy with the frequent trades that the team has made and the perceived lack of loyalty toward the roster. The team has dealt Schmidt, Haula, Colin Miller, Cody Eakin, Malcolm Subban, Brandon Pirri, and Paul Stastny all in the past 18 months, leaving the young franchise with very little roster consistency. There are certainly some in the room who have to be unhappy to even hear the whispers of a potential Pacioretty move. Others in the media have noted that he is not the only name on the block either, with fan favorite Marc-Andre Fleury likely being floated again as well. Vegas must tread carefully when it comes to making any further moves and a Pacioretty trade in particular can only be made with a considerable return and a plan to replace him with the cap savings.

Kelly McCrimmon| Vegas Golden Knights Alex Pietrangelo| Brandon Pirri| Cody Eakin| Colin Miller| Erik Haula| Marc-Andre Fleury| Max Pacioretty| Mike Hoffman| Nate Schmidt| Nick Suzuki| Paul Stastny| Salary Cap

21 comments

Latest On 2020-21 Schedule And Rosters

December 8, 2020 at 7:55 pm CDT | by Zach Leach 6 Comments

Nothing is official between the NHL and NHLPA on a format for the 2020-21 season, but progress is being made. As reported earlier today, financial negotiations – including a proposal of compliance buyouts – have been put to rest and the two sides will move forward with the terms agreed upon in the CBA. There is still work to be done on an agreement of numerous other details for the season, but both sides seem optimistic about a January 13 start date and some players, like New Jersey’s Nico Hischier, are already planning their returns to North America in preparation.

As for what comes next in the planning process, TSN’s Frank Seravalli, Darren Dreger, and Pierre LeBrun spoke at length about possible roster changes for the coming year in the latest edition of “Insider Trading”. Given the risks associated with the potential for a Coronavirus breakout in a locker room, as well as the health complications of adding players to the roster via recall, it seems likely that rosters will be expanded and taxi squads may be implemented for this season. Seravalli specifically notes that active rosters could grow to 26 and taxi squads of four could bring the total group of available players for each team to 30. There is also the possibility that the Calgary Flames, Edmonton Oilers, and Vancouver Canucks could be given an exception for larger taxi squads, as their AHL affiliates play outside of Canada and adding to the roster would be a long and involved process. He mentions that the other Canadian teams do not share this problem, as their AHL teams play in Canada and are expected to have their own division this season. The group did not address the salary cap implications that an expanded roster may have, but expect that taxi squad members will be paid AHL salaries but receive NHL benefits.

Regardless of the safeguards that the league puts in place with rosters as well as travel and gameplay, it seems inevitable that there will be cases of Coronavirus among NHL players and personnel this season. As the NFL season has shown, that can cause quite the confusion when it comes to scheduling. So while many expected the 2020-21 season to be condensed due to the delayed start, TSN’s insiders report that the schedule will actually have numerous off days built in to accommodate make-up games.

For now, each side continues to discuss all options internally – the NHLPA Executive Board met today and the NHL Board of Governors is set to meet later this week – while negotiating with one another. As noted earlier today, the new target date to begin play is January 13 with training camps for all teams likely to begin on January 3 and almost certainly a uniform period of quarantine for all prior to arrival at camp (Dreger believes eight days of isolation will be required). As such, the clock is ticking and the hope is that the two sides can have all the details hammered out sooner rather than later now that their financial debate has been resolved.

AHL| CBA| Calgary Flames| Coronavirus| Edmonton Oilers| NHL| NHLPA| Players| Schedule| Vancouver Canucks Salary Cap

6 comments

Snapshots: Free Agent Market, Tebow, Portland

December 2, 2020 at 7:17 pm CDT | by Zach Leach 3 Comments

There are still a number of prominent names that remain unsigned on the NHL’s free agent market and there has been absolutely no movement for some time. Outside of the likes of Dustin Tokarski, Marko Dano, and Micheal Haley, there hasn’t been a significant free agent signing in over a month. The continued availability of these top players has been chalked up to a slow market, impacted by the flat salary cap and the unknowns surrounding the 2020-21 season. However, an anonymous agent tells The Athletic’s Thomas Drance that this is not exactly the case. While the agent admits that teams have been calling less frequently in recent weeks, there is concrete interest in a number of UFA’s. It turns out that it is actually the agents advising the players not to sign, as opposed to the teams not making offers. The agent tells Drance that all agencies alike are being cautious with their clients when it comes to the upcoming season, without a start date and format agreed to yet, and how that may impact contracts:

We want to see what develops out of this. At this point, it doesn’t make sense to do something until we know what things look like … If we wanted to have signed already, we could’ve done that. Then again, those teams we could’ve signed with haven’t done anything else yet either.

  • The newest name to become an owner in the world of hockey is one familiar to most sports fans: Tim Tebow. The former college football star turned NFL quarterback turned minor league baseball player has joined the ownership group of the ECHL’s Jacksonville Icemen, reports NBC Sports’s Adam Gretz. Also joining the group are current and former Jacksonville Jaguars players Myles Jack and Reggie Hayward. Tebow, who grew up in Jacksonville and attended the nearby University of Florida, is excited to add both hockey and ownership to his already impressive sports resume that includes playing two sports professionally and broadcasting as well. The Icemen, the “AA” affiliate of the Winnipeg Jets, are set to begin their 2020-21 season this month.
  • In other ownership news, Sportsnet’s Jeff Marek reports that the WHL’s Portland Winterhawks are in the process of being sold to Kerry Preete, Executive VP of agricultural sciences company Monsanto. Marek notes that Preete does have a hockey background, but this will be his first venture into the CHL. Marek adds that this could just be the beginning, as the financial impact of the Coronavirus pandemic could cause many junior hockey teams to become available for sale. While Marek notes that current and former NHLers have often looked into purchasing junior teams but have been disappointed by the asking price, but those prices could go down as struggling owners seek to recoup their losses.

Coronavirus| ECHL| Players| Snapshots| WHL| Winnipeg Jets Salary Cap

3 comments

Carl Soderberg Drawing Interest Overseas

November 11, 2020 at 7:15 pm CDT | by Zach Leach 3 Comments

As the off-season wears on and so many free agents remain unsigned, it seems like a near certainty that an established NHL talent is going to wind up forced out of the league by a lack of opportunity. With so many teams battling a lack of cap flexibility in light of the flat salary cap, players who know they are worth more than a minimum NHL contract may need to look elsewhere for a substantial paycheck. The scenario hasn’t played out yet, but it only seems like a matter of time.

Could Carl Soderberg be the first victim? The veteran center remains unsigned despite a complete two-way game and a history of success. Soderberg, 35, came over to the NHL later in his career but still has seven full seasons under his belt, in six of which he has recorded at least a dozen goals and 35+ points. Soderberg is also a defensive asset, relied on at the face-off dot and for defensive zone starts. Soderberg’s per-game production declined last season, but so did his ice time. A player who spent the past five seasons at a $4.75MM AAV has not really proven that he is worth much less on his next deal, yet that kind of money may not be available in the NHL.

As a result, whispers have started to emerge out of Europe. The Swiss Hockey News cites sources in Switzerland as well as in Sweden that claim Soderberg is in consideration and the interest is mutual. Just like in the NHL, there is some concern about the impact of COVID-19 on season lengths and clubs’ earning potentials, but there will still be a number of teams in bringing in an established NHLer to lead their squad. One team specifically mentioned is the SHL’s Malmo, Soderberg’s junior program and the club he spent his first eight pro seasons with. However, there is some speculation that Malmo may not be the most likely landing spot. Someone will get lucky though, unless an NHL team jumps in the mix and convinces him that a value deal to remain in North America is his best choice to continue his career.

NLA| SHL Carl Soderberg| Salary Cap

3 comments

Trade Review Poll: Which Off-Season Acquisition Will Have Greatest Impact?

November 8, 2020 at 12:08 pm CDT | by Zach Leach 14 Comments

As NHL teams have been forced to shuffle their rosters this off-season in response to the flat salary cap, this off-season has quietly been filled with meaningful trades. While free agent deals always seem to dominate the headlines, there have been at least 20 different trades that sent a notable player to a new locale. This started way back in August, even as the postseason was in full swing, as teams had to look ahead to next season as early as possible to get a jump on cap management. When 2020-21 kicks off, who will make the biggest impact on their new team?

August 25: In a trade that actually contained six players, the only name of immediate note was Kasperi Kapanen making his return to the Pittsburgh Penguins from the Toronto Maple Leafs. The Leafs had initially acquired Kapanen from Pittsburgh in the Phil Kessel trade, but clearly the Penguins maintained interest in the player. Back with the team that drafted him, Kapanen will very likely slot in on the Penguins’ top line with Sidney Crosby and Jake Guentzel after scoring at a 40+ point full season pace in each of the last two seasons.

September 2: After many years, the Montreal Canadiens finally landed a reliable backup to Carey Price. In what amounted to a salary cap dump for the St. Louis Blues, the Habs acquired former starter Jake Allen. Although Allen played second fiddle to Jordan Binnington again this past season, he returned to form and outplayed the starter with an impressive .927 save percentage and 2.15 GAA. After signing an extension, Allen also has some job security in Montreal and may even have the added incentive of playing well in order to land the starting job for the Seattle Kraken.

September 11: After acquiring Kapanen, the Pittsburgh Penguins knew they needed to shed salary. They turned to former front office exec Bill Guerin, now the GM of the Minnesota Wild. The Wild landed forward Nick Bjugstad at next to no cost and Pittsburgh retained some salary as well. Back in the state where he made his name as a high school and college star, Bjugstad looks ready for a fresh start. In a forward group that is week down the middle and lacking in size, the big center is almost guaranteed a meaningful role. Bjugstad has been streaky and injury prone in his NHL career, but has also shown on multiple occasions that he has 50+ point upside playing a full season on a scoring line.

September 16: The Wild were right back at it a few days later, adding another new face to the forward corps. This time it cost them though. Minnesota acquired Marcus Johansson from the Buffalo Sabres in exchange for Eric Staal. Johansson provides great versatility as a player who can effectively play any forward position and in any situation. He has also scored at a half-point per-game pace or better for nine straight years with four different teams. Johansson should be able to step in and make an immediate impact. On the flip side, Staal provides the Sabres with a bona fide second line center and veteran leader that they have been sorely lacking. The experienced pivot may not have the positional versatility of Johansson, but is still a superior scoring threat at 36 and knows how to grind out wins in the regular season and postseason.

September 24: The Penguins make their third different deal in less than a month, sending veteran forward Patric Hornqvist to the Florida Panthers for defenseman Michael Matheson and forward Colton Sceviour. While Matheson and Hornqvist are both overpaid, they each still bring value to their new team. Matheson, likely to play a bottom-pair role for Pittsburgh, is a huge upgrade to the players the Penguins rolled out on their final pairing last season. A perennial 20+ point producer and sound defensive player, Matheson will not be asked to play the same minutes as he did in Florida, but will still make the same impact in the minutes he does get from Pittsburgh. Hornqvist meanwhile has not played in more than 70 games in over four years, but is quietly still the same 50-point player that he always has been, just on a per-game basis. An expert net front presence and power play asset, Hornqvist will likely play a major role for a Panthers team that lost two of its top scorers to free agency.

September 26: In what was one of the more obvious salary cap dumps in recent memory, the New York Rangers traded away veteran defenseman Marc Staal and a second-round pick in exchange for “future considerations”. The lucky team on the other side was the Detroit Red Wings, who made out like bandits with a nice draft selection and a new veteran leader for their blue line. A young, rebuilding team who has seen countless veterans leave, many of whom just this off-season, Detroit adds a new face with years of experience and leadership in Staal. While he is definitely in decline at 33, Staal is still a strong defensive presence, a plus player, and a penalty kill asset. Even without much offensive upside, Staal seems locked in for at least a top-four role in Detroit.

October 5: It wasn’t the strategy that anyone expected, but the San Jose Sharks decided to try to solve their issues in net by bringing in another struggling veteran to compete with their current struggling veteran. Devan Dubnyk, who comes over from the Minnesota Wild, is just a few years removed from being one of the top keepers in the game. However, this past season he was not even close to that level of play, recording an .890 save percentage and 3.35 GAA, albeit in limited showings. He was one of the few goalies who performed worse was San Jose’s existing starter, Martin Jones. Dubnyk has more experience and his peaks are much higher than Jones’, but he is also four years older and may have less of an ability to return to form. Perhaps the goal is simply to elevate Jones’ game by giving him an established backup to compete with, but there is always the possibility that Dubnyk emerges the victor.

October 6: Two teams on the fringes of being contenders, each with specific needs up front, made a big swap that will have ramification far beyond this next season. The Montreal Canadiens and Columbus Blue Jackets exchanged restricted free agent forwards Max Domi and Josh Anderson, each of whom will look to rebound and play a major role for their new teams. Domi fills a need at center for Columbus and hopes to use his new two-year extension to finally earn a long-term home after bouncing around early in his NHL career. A player who has shown immense scoring potential, including a 72-point season in 2018-19, Domi could be a major difference-maker on the second line for the Blue Jackets, who desperately need scoring depth. Anderson was not able to provide that this past season, missing most of the year due to injury and underperforming when healthy. However, he too had a breakout 2018-19 campaign, recording 27 goals and 47 points. The Canadiens believe that this is his long-term yearly value, as they did not hesitate to sign Anderson to a seven-year deal. Montreal needs size up front and they hope the 6’3″, 220-lb. Anderson can be an impact power forward for years to come.

October 7: The Ottawa Senators have a deep pipeline of goaltenders, but did not have anyone ready to be a starter this coming season and perhaps for a couple seasons after that. As a result, they ignored that depth and landed a starter for the present who doubles as a starter of the future in young Matt Murray. A streaky, but accomplished keeper, Murray came over from the Pittsburgh Penguins at the price of a second-round pick and a prospect, but will be well worth it if he can solidify the net for the Senators. They certainly seem to think he will, signing him to a long-term deal. At just 26, Murray already has just under 200 regular season appearances and over 50 postseason appearances, with a pair of Stanley Cups backed up by stellar stats.

The same day, the Nashville Predators and Minnesota Wild swapped forwards, as the Wild continued to address the center position while the Predators got younger and faster. Minnesota acquired veteran center Nick Bonino to anchor the team’s third line, as he has for so many other teams. A two-way pivot who is good for 30-40 points and solid defensive play, Bonino is a useful addition for the Wild. Going the other way was 22-year-old Luke Kunin, who recorded 31 points in 63 games in just his third pro season this year. The 2016 first-round pick has found success at every level and on every team he has played for. Aiming for a top-six role in Nashville, Kunin could be an impact player right away and for years to come.

October 8: The Ottawa Senators continued to add via trade when they swung a deal for physical defenseman Erik Gudbranson from the Anaheim Ducks. A player who has now been traded three times in two years, Gudbranson is either in demand or expendable. He could be both for the Sens, who will give him a top-four role and let him be the defensively responsible counter to their other younger, more offensively-inclined defenseman, then could look to trade him away before his contract expires at year’s end.

Another defenseman was sold off for a late pick the same day and that was Ryan Murray. Though Murray has had immense struggles with health over the years, he had been a good player for the Columbus Blue Jackets when active. However, the team’s depth forced them to deal him away and the New Jersey Devils were the lucky recipients. While Murray is still remembered for his puck-moving pedigree as the No. 2 overall pick in 2012, he has taken on more of a two-way, defensive prowess in the pros and is very solid (again, when healthy). The Devils will almost certainly give Murray top-four and perhaps even top-pair opportunities and if they are fortunate enough to have him for a full season, they could be looking at one of the best value additions of the off-season.

October 9: As the Vegas Golden Knights cleared space for the off-season’s biggest free agent signing, it meant letting go of a proven veteran asset. The Knights traded center Paul Stastny to the Winnipeg Jets, letting go of a valuable two-way forward. While Stastny had an off year this past season, he is just one year removed from recording 42 points in 50 games, a 69-point full season pace. And he finished the season prior to that with none other than the Jets, with an incredible performance of 13 points in 19 regular season games followed by 15 points in 17 postseason games. Stastny has already shown that he can be an elite producer with Winnipeg’s talented forward group and has tremendous upside in the coming season. Even at 34, don’t be surprised to see the all-around forward return to form and potentially even rival the 70-point seasons of his early playing days.

October 10: If Chicago Blackhawks GM Stan Bowman knows one thing, it’s how to make a trade involving Brandon Saad. Saad was traded away to the Colorado Avalanche in a four-player deal, marking the third time in five years that has been traded away or to the Blackhawks. The key return for Chicago was young defenseman Nikita Zadorov. In Saad, the Avalanche add a legitimate top-six forward who will help their depth, especially in light of the injuries suffered by some of their top players last season. Saad has recorded 47+ points four times in seven full NHL seasons and would have hit 47 on the nose again this past season based on an 82-game pace. A consistent scorer with great finish and possession ability, Saad is a nice get for the Avs. Meanwhile, as Chicago begins a rebuild they have new cornerstone piece on defense in the 6’6″, 235-lb. Zadorov. A big, physical defenseman, Zadorov can sit back and be a reliable defensive presence, freeing up other members of the Blackhawks’ budding new defense corps, like Ian Mitchell and Adam Boqvist, to play their offensive game.

The same day, the New Jersey Devils made another buy-low addition, landing Andreas Johnsson from the Toronto Maple Leafs. A young player who has already shown signs of 50+ point upside, Johnsson will now find consistent top-six time and power play opportunity in New Jersey, which should get him closer to that mark. In need of impact wingers for Nico Hischier and Jack Hughes but not willing to derail the rebuild with high-priced trades or contracts, the Devils land a young player at next to no trade cost who is signed for several more years at an affordable price. It is the perfect fit and should pan out.

October 12: The Colorado Avalanche were back in the headlines a couple of days later when they dealt two second-round picks to the New York Islanders for RFA defenseman Devon Toews. The Islanders needed cap space and dealt from a position of immense depth and talent on defense. Yet, Toews was critically underrated in New York and the team gave up a very talented player. The rich get richer in Colorado, as Toews joins another strong blue line, but this time will be locked in for a top-four role and will get his due attention on one of the league’s top contenders. Even with only two NHL seasons under his belt, Toews has proven to be productive, defensively sound, an asset in puck possession, and overall capable of big minutes and an every-situation role. Toews may not be the biggest name traded this off-season, but could wind up as one of the best acquisitions.

Amazingly, the very last trade made in the NHL so far this season came nearly a month ago. In the final push needed for the Vegas Golden Knights to sign Alex Pietrangelo, the team dealt top pair defenseman Nate Schmidt to the Vancouver Canucks in order to clear the necessary space. It was quite a sacrifice and one the Canucks are happy about. At the cost of a third-round pick, a team who had had a disastrous off-season that point landed a bona fide top pair defenseman who is signed long-term. Schmidt did it all for Vegas: team-leading minutes, 30+ points, defensive awareness, shot blocking,  possession, power play and penalty kill roles, and even locker room leadership. A player with a strong all-around game who is respected by teammates and opponents alike, Schmidt is a rare player to come across. Vancouver essentially lucked into him and it might just be the best trade of the off-season.

What do you think? Which trade acquisition will have the greatest impact in 2020-21 and beyond?

Mobile users, click here to vote.

Anaheim Ducks| Buffalo Sabres| Chicago Blackhawks| Colorado Avalanche| Columbus Blue Jackets| Detroit Red Wings| Florida Panthers| Free Agency| Injury| Minnesota Wild| Montreal Canadiens| NHL| Nashville Predators| New Jersey Devils| New York Islanders| New York Rangers| Ottawa Senators| Pittsburgh Penguins| Players| Polls| RFA| San Jose Sharks| Seattle| Seattle Kraken| St. Louis Blues| Toronto Maple Leafs| Vancouver Canucks| Vegas Golden Knights| Winnipeg Jets Adam Boqvist| Alex Pietrangelo| Andreas Johnsson| Brandon Saad| Carey Price| Colton Sceviour| Devan Dubnyk| Devon Toews| Eric Staal| Erik Gudbranson| Ian Mitchell| Jack Hughes| Jake Allen| Jake Guentzel| Jordan Binnington| Josh Anderson| Kasperi Kapanen| Luke Kunin| Marc Staal| Marcus Johansson| Martin Jones| Matt Murray (b. 1994)| Max Domi| Michael Matheson| Nate Schmidt| Nick Bjugstad| Nick Bonino| Nico Hischier| Nikita Zadorov| Patric Hornqvist| Paul Stastny| Phil Kessel| Salary Cap

14 comments

Red Wings Still Open To Further Off-Season Additions

November 7, 2020 at 10:56 am CDT | by Zach Leach 4 Comments

The Detroit Red Wings are firmly in a rebuild following the worst season by an NHL team since the turn of the century in 2019-20. The club has accumulated a mass amount of talent in the pipeline over the past few years and still has an impressive array of future draft selections as well. They are committed to improving internally and grooming a new core to take over down the road.

With that said, savvy GM Steve Yzerman is not one to turn away from opportunity. With the flat salary cap impacting top teams far more than bottom feeders, the Red Wings have had the room to make a number of free agent additions so far this off-season. Following a recent call with the media, The Detroit News’ Ted Kulfan writes that Yzerman has expressed that he may not be done making deals either. Detroit still has more than $9.5MM in cap space based on CapFriendly’s current projection of a 22-man roster.

Already, the Red Wings have added considerable veteran talent ahead of next season. The team signed a new (starting?) goalie in Thomas Greiss, a pair of young defensemen in Troy Stecher and Jon Merrill, and experienced, versatile forwards Vladislav Namestnikov, Bobby Ryan, and Sam Gagner. They also acquired reliable blue line leader Marc Staal (and a second-round pick) at no cost from the New York Rangers. Not only is this a massive influx of talent for 2020-21, but expiring contracts like Ryan, Gagner, Staal, and Merrill could also turn into more draft capital at the trade deadline.

Not only have the Red Wings succeeded in adding a number of capable players, but most have come at a great value as well. So too have their RFA re-signings; Anthony Mantha signed a long-term deal well below what many were expecting, Robby Fabbri was handed an affordable extension, and the team took Tyler Bertuzzi to arbitration just to save more money. All of this value means that Detroit can keep adding if they want. There are still holes throughout the lineup currently slated for underwhelming veterans. While some of these will be kept open for prospects, at least one or two could be filled via free agency or trade if Yzerman can find the right fit:

There are a lot of players still on the free agent market. We have a lot of bodies right now. I do think there’s room potentially to add, and I would consider it as we go along, or when we get closer to knowing when we’re going to start. As far as the trade market… it’s pretty quiet around the league. Certainly we’d be open to listening.

Detroit Red Wings| Free Agency| Steve Yzerman Bobby Ryan| Jon Merrill| Marc Staal| Salary Cap

4 comments

Free Agent Profile: Sami Vatanen

November 2, 2020 at 9:00 pm CDT | by Zach Leach 6 Comments

Much like fellow countryman and unsigned free agents Mikael Granlund, Sami Vatanen is getting next to no attention on the open market so far this off-season. The 29-year-old defenseman, ranked No. 14 overall in PHR’s Top 50 UFA’s, is an established two-way defenseman with nearly 200 points in his eight-year NHL career, but seemingly can’t find a suitable offer in the stagnant, flat cap market.

Unfortunately for Vatanen, recency bias looms large in the free agent market. Teams are more willing to offer significant contracts to players who have impressed in their most recent outings rather than looking at their overall career. This has sunk Granlund so far and the same can be said for Vatanen on multiple fronts. First, Vatanen’s time with the Carolina Hurricanes was utterly forgettable. Traded at the deadline despite being injured, Vatanen did not see any regular season action with Carolina due to the suspension of the season. He was healthy enough to play once the postseason resumed, but played a limited role of just over 18 minutes per night in seven games (missing the final playoff game due to undisclosed reasons). Second, his past two seasons overall have not been stellar. Following four straight seasons of 67+ games played with the Anaheim Ducks, Vatanen’s health diminished over the past two years with the New Jersey Devils. He played in just 97 games total across the two campaigns and while his per-game stats both offensively and defensively held steady with his career average, his totals suffered.

Of course, the full picture of Vatanen’s career clearly displays why he ranked so high among PHR’s top free agents. He may be a couple of years removed from a relatively full season, but a healthy Vatanen in Anaheim was a perennial 30+ point player who also logged 100+ blocks and nearly 100 hits each year. Vatanen’s plus/minus was also superior before joining the struggling Devils. Even as part of what used to be a loaded Ducks defense corps, Vatanen earned his minutes and performed at a high level.

At full strength and given the opportunity, Vatanen can be a difference-maker for any team. A player who has logged 21 minutes or more per game in each of his six full NHL seasons , Vatanen knows how to carry the load of major minutes and special teams roles. He is also versatile, comfortable playing on his natural right side or on his off side. Over 82 games, Vatanen has 40-point upside and can be a disruptive force defensively as well. He has his demons as well; Vatanen is undersized, turnover prone, and can be a liability positionally in his own end. However, the total package is one of a bona fide top-four defenseman. Yet, at this point in the off-season he may not be paid as such.

Potential Suitors

Cap space aside, there are few teams in the NHL who couldn’t use a defenseman that can play both sides and contribute at both ends. Vatanen should cast a wide net of suitors, which makes the silence surrounding his name on the rumor mill all the more strange.

Taking into account the teams with ample salary cap space and need, there are a number of rebuilding clubs who could very likely be eyeing Vatanen. The Ottawa Senators and Detroit Red Wings have shown no hesitation to add free agents this off-season and could use a player like Vatanen, while the Los Angeles Kings have been very quiet but could greatly benefit from adding a player of Vatanen’s caliber to their young, inexperienced blue line. The Kings have a number of right-shot defenders, but Vatanen could still be very useful on the left side.

Of course, the problem with any of these teams is that Vatanen just escaped a rebuild in New Jersey and may want to look for a more competitive landing spot. While 2019-20 was a major disappointment for the San Jose Sharks, the team has the pieces to return to relevance this season. However, they could really use one more established veteran on the back end and Vatanen would fit the bill. There is a gap on the right side as well behind Erik Karlsson and Brent Burns, but Vatanen might be the most dangerous playing on his off side with either of those stars.

Two other teams in need of defense but who might not be an obvious fit due to shot side are the New York Rangers and Boston Bruins. Both clubs are set on the right side; Boston has Charlie McAvoy, Brandon Carlo, and a now-healthy Kevan Miller as well as NHL prospect depth and the Rangers have Jacob Trouba, Anthony DeAngelo, and Adam Fox. However, both teams have somewhat failed to address holes on the left side this off-season. Even on his off side, Vatanen would be a major upgrade to Brendan Smith and depth additions Jack Johnson and Anthony Bitetto in New York and to Matt Grzelcyk and John Moore in Boston. Both teams have considerable prospect depth on the left side, but as Stanley Cup contenders may not want to miss a chance at a player like Vatanen on a bargain deal.

Projected Contract

PHR originally expected Vatanen to sign a deal in the neighborhood of four years and $19.5MM. At this point, if Vatanen was going to land a long-term deal it would have happened by now. It seems teams want to make sure that he can stay healthy and play at his best for a full season before thinking about multiple years. Vatanen may not be restricted to just a one-year deal, as the impending Expansion Draft and its exposure requirements may make a two-year offer attractive to some, but anything beyond a two-year term seems unlikely.

As for the money, the posited $4.875MM AAV seems highly unlikely. That valuation was based on a long-term deal. Whether one year or two, Vatanen is now unfortunately facing a “show me” contract. With so many possible landing spots at or close to the salary cap ceiling, there isn’t much money to go around. If he wants to end up with a competitive club, Vatanen will be looking at a $3MM AAV or lower. If he chases the money, it still seems like the market is pointing toward a $3.5MM cap hit at best.

While Vatanen is a more well-rounded defenseman than Erik Gustafsson, the one-year, $3MM deal he signed with the Philadelphia Flyers feels like a decent expectation. If Vatanen lands a second year, perhaps he gets a total of $7MM. Either way, Vatanen is being paid for his floor when, if healthy, his ceiling is much higher. If whoever eventually signs Vatanen is lucky enough to get a healthy season (or two) out of him, he could be one of the better bargains of this free agent market.

Boston Bruins| Detroit Red Wings| Los Angeles Kings| New Jersey Devils| New York Rangers| Ottawa Senators| San Jose Sharks Pro Hockey Rumors Originals| Salary Cap| Sami Vatanen

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Winnipeg Jets Extend Sami Niku

October 30, 2020 at 9:10 am CDT | by Zach Leach Leave a Comment

Oct 30: The Jets have officially announced the contract, signing Niku to a two-year deal with, as reported, a $725K cap hit.

Oct 29: The Winnipeg Jets have come to terms on a new contract with restricted free agent Sami Niku. TSN’s Frank Seravalli reports that the young defenseman has signed a two-year, two-way contract extension. The deal carries an AAV of $725K, with the 2020-21 minimum $700K in year one and the 2021-22 minimum $750K in year two.

Niku, 24, is exiting his entry-level contract still unsure of his NHL ability and long-term fit in Winnipeg. The 2015 seventh-round pick was a fast-rising prospect who was a force at the pro level in Finland’s Liiga at a young age and looked like he might be ready to take on the NHL. His AHL numbers, especially on offense, continue to show a player with great skill and mobility. The NHL has been an entirely different case though. Niku has struggled to stick with the Jets, playing in just 48 games over three seasons. In that time, he has put up modest offensive totals, but has struggled in other aspects of the game. He contributes little defensively, is prone to turnovers, and has poor possession numbers. The team does not trust him with significant ice time, shelters him from difficult match-ups, and tries to prevent exposure in the defensive end. Yet, his potential for offense continues to entice and Niku’s 2019-20 numbers offered a slight glimmer of hope that his defense may be improving.

Yet, Niku has also served as a fixture on the rumor mill when it comes to potential Winnipeg trades. Signing an affordable, multi-year deal won’t change that, as potential suitors who believe in his upside will be happy to take a two-year gamble. The Jets appear likely to make a trade before next season too. Niku’s signing puts the team over the salary cap based on a projected 23-man roster, including Niku as the eighth defenseman. Even if the club is able to put Bryan Little and his $5.29MM cap hit on Long-Term Injured Reserve, the team still needs to re-sign RFA forward Jack Roslovic. With little flexibility and a blue line that could still use another bona fide top-four member, the Jets could still be dealing and Niku could still wind up elsewhere.

AHL| RFA| Winnipeg Jets Jack Roslovic| Salary Cap| Sami Niku

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Calgary Flames Seeking Right Side Defenseman

October 29, 2020 at 8:24 pm CDT | by Zach Leach 14 Comments

The Calgary Flames addressed the right side of their blue line in a big way earlier this off-season, stealing free agent Chris Tanev from the rival Vancouver Canucks. Tanev is a solid two-way defenseman who has earned the respect of teammates and opponents alike over his career. He should settle in nicely as the replacement for T.J. Brodie in the top-four for Calgary, with young Rasmus Andersson beginning a new contract of his own that comes with higher expectations. Someone from the left side can slide over as well, with captain Mark Giordano, young standout Noah Hanifin, top prospect Juuso Valimaki, and recent import Nikita Nesterov under contract and restricted free agent Oliver Kylington awaiting a contract extension.

However, that apparently isn’t enough for the Flames on the right side. TSN’s Darren Dreger reports that GM Brad Treliving is still actively seeking another right side defenseman, evaluating both the free agent and trade markets. Whether this is due to Tanev’s injury history or Andersson’s inexperience, it is believed that Treliving would like to add another established right-handed defenseman. However, that may be easier said than done given Calgary’s salary cap situation. The aforementioned six defensemen under contract are part of a group of CapFriendly’s current roster projection of 21 players that comes in just about $1MM under the salary cap ceiling. With Kylington in need of a new deal and one more body required to round out the roster, the Flames don’t have enough cap space as is. Adding a significant name will be difficult without moving out considerable salary.

Ironically, the remnants of the free agent market at right side defense includes a number of familiar names. First and foremost, Travis Hamonic is the exact veteran defenseman that the Flames are trying to replace. Hamonic spent the three seasons with Calgary and alongside Brodie and Andersson made for a solid starting group on the right side. While it was seemingly a done deal that Hamonic would be leaving Calgary, emphasized by his opting out of the postseason, Hamonic’s name has not made much noise this off-season and he could decide to return to the Flames for another year if there are no superior options. Of course, Hamonic will not come cheap. Michael Stone was another member of the Flames’ right side this past season (and for parts of the past four seasons) and could make the easy transition back to the team. Veteran Deryk Engelland is also still available and could return to Calgary after three years with the Vegas Golden Knights, while Dalton Prout could return as a depth option after a one-year hiatus with the San Jose Sharks. If the Flames can move some salary to add a legitimate starter, the top free agent target would be Sami Vatanen. However, more realistic free agent options for Calgary’s budget in addition to Stone, Engelland, and Prout include Jan Rutta, Korbinian Holzer, Yannick Weber, Christian Folin, and Cody Goloubef.

Of course, if the Flames need to move out salary anyhow, the trade market may make more sense than merely signing a free agent. With a number of teams still scrambling to get their rosters set for next season under the shadow of the flat salary cap, there could be plenty of willing partners who might have a right side defenseman to spare in exchange for a similarly priced forward. Backup goaltender David Rittich, whose $2.75MM cap hit reflects a greater role than he will likely play behind big free agent addition Jacob Markstrom, could also be attractive to a number of teams still seeking a reliable backup.

One way or another, don’t be surprised if the Flames are not done making moves this off-season. Between their desire to add to the right side of the blue line and their need to clear cap space in order to complete the roster, Calgary is bound to be scouring the trade and free agent markets for a while longer.

Brad Treliving| Calgary Flames Chris Tanev| David Rittich| Juuso Valimaki| Mark Giordano| Michael Stone| Nikita Nesterov| Noah Hanifin| Oliver Kylington| Salary Cap| Travis Hamonic

14 comments

NHL’s Free Agent Interview Period Could Return

October 24, 2020 at 8:00 pm CDT | by Zach Leach Leave a Comment

As if the 2020 off-season wasn’t already going to be strange, what with the October start date and flat salary cap, it also marked a new age in free agency negotiations with the removal of the free agent interview period. Well, it seems this new age may be short-lived. TSN’s Frank Seravalli reports that the NHL’s general managers have already discussed bringing back the interview period, with 48- and 72-hour periods being considered. Such a reinstatement would need to be approved by the NHLPA as well, as it is a collectively-bargained policy.

The interview period, also known as “legal tampering”, occurs just prior to the new league year beginning and the opening of free agency (which until this year has been July 1). It is a period of time in which teams can contact unrestricted free agents and their representation to discuss potential contract terms before the market officially opens. This policy, agreed upon in the previous CBA, led to a rush of contracts when the market opened, implying that teams and UFA’s had not only discussed contract terms, but agreed in principle. Upset that the interview period was being abused, the two sides eliminated the construct when the new CBA was ratified back in July.

Just a few months later, the teams want it back. This off-season has been much slower than usual, going all the way back to the first day the market opened. Being unable to discuss contract terms has undoubtedly impacted GM’s abilities to read market value and plan accordingly. The result has been a number of notable free agents – including two top-10 and 14 top-50 UFA’s per PHR – remaining unsigned several weeks into free agency.

Especially while dealing with the flat cap, this unpredictable market has helped no one. It is understandable why the teams would like it back and it is safe to assume that the players will agree. The interview period structure could certainly stand to be a bit stricter and perhaps a more limited time frame would also help avoid abuse, but a cold opening to free agency seems unsustainable moving forward.

CBA| Free Agency| Legal| NHL| NHLPA| Players Salary Cap

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