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Salary Cap

Kraken Notes: Eberle, Kartye, Wright

December 16, 2023 at 6:47 pm CDT | by Josh Cybulski 5 Comments

Alison Lukan of Root Sports is reporting that Seattle Kraken forward Jordan Eberle will be out of the lineup tonight with a lower-body injury and won’t dress for their matchup tonight with the Los Angeles Kings.This season, it’s been a struggle for the 33-year-old as he has just three goals in 28 games, while also registering 11 assists. Eberle is shooting just 5.2% which is a substantial drop from his career average of 12.7%.

Eberle’s injury means that newly acquired forward Tomas Tatar will draw into the lineup for the Kraken just a day after he was acquired from the Colorado Avalanche for a fifth-round pick. Tatar appears slated to play on the Kraken’s top line alongside Matty Beniers and Jared McCann. Both McCann and Beniers have also struggled this season along with Eberle as all three men have posted offensive numbers well off what put up last year.

In other Kraken notes:

  • The Kraken announced today that they’ve reversed a move from yesterday and have recalled Tye Kartye from their AHL affiliate the Coachella Valley Firebirds. Kartye is having a decent rookie season in Seattle as the 22-year-old has posted six goals and five assists in 30 games. It’s not shocking to see Kartye recalled so quickly as he has been productive recently with two goals and an assist in his last five games. Kartye has been a great story this season for the Kraken as he has emerged as an NHL talent after being undrafted just a few years ago. He spent just a single full season in the AHL and was productive last year with the Firebirds tallying 28 goals and 29 assists in 72 games.
  • With the move to recall Kartye, the Kraken have also reversed the corresponding move that came along with it and sent Shane Wright back to the AHL. Wright was recalled Friday and spent just over 24 hours on the Kraken roster. The move might seem nonsensical on the surface, but this transaction is likely part of the series of moves Seattle Times writer Geoff Baker was referring to yesterday in his tweet. Baker said that the Kraken would make a series of moves that would be for salary cap purposes and with the Kartye and Wright moves it appears that is exactly what they are doing. Wright has been recalled and reassigned quite a few times this year and this probably isn’t the last time he will be involved in that type of transaction.

Seattle| Seattle Kraken Jared McCann| Jordan Eberle| Salary Cap| Shane Wright| Tomas Tatar| Tye Kartye

5 comments

What Your Team Is Thankful For: Florida Panthers

December 12, 2023 at 9:28 pm CDT | by Josh Cybulski 4 Comments

As the holiday season approaches, PHR will be taking a look at what teams are thankful for in 2023-24. There also might be a few things your team would like down the road. We’ll examine what’s gone well in the early going and what could improve as the season rolls on for the Florida Panthers.

Who are the Panthers thankful for?

Matthew Tkachuk

Tkachuk has not been himself thus far this season, but it is hard to fault him after he suffered a broken sternum in game 4 of the Stanley Cup finals in June. He valiantly tried to play in game 5 but could only take a few shifts before he had to shut himself down. He went through rehabilitation and recovery in the summer and although he was ready for training camp, it’s hard to believe that he had a full summer of his regular training regimen.

Tkachuk hasn’t been bad this year, he just hasn’t lived up to the level of play he’s shown over the past few seasons when he has been regularly in the conversation for league MVP. The 26-year-old has just five goals and 15 assists in 27 games thus far this season but has continued to be a dominant force at even strength. Although his goal numbers aren’t what they’ve been the last two seasons, he continues to drive the play and is snake bit by a career-low shooting percentage of 4.8%. Tkachuk is a career 12.7% shooter, meaning that he should see a surge here in the coming months unless his broken sternum is still a cause for concern. That doesn’t appear to be the case though as Tkachuk continues to play with reckless abandon this season, as his hitting numbers are up considerably from last year.

Tkachuk is not only the on-ice leader of the Panthers, but he is also the heart and soul player that teams covet desperately. Many thought the Panthers had given up too much to acquire the Scottsdale, Arizona native from the Calgary Flames, but a year and a half after the trade it looks like an absolute heist by general manager Bill Zito.

What are the Panthers thankful for?

Pro Scouting.

Over the last few years, not every trade the Panthers have made has worked out, but the bulk of them have been good, and several of them have been home runs.

As was mentioned earlier, the Tkachuk trade was an absolute thing of beauty for the Panthers, It was high profile and high risk, but some of their sneakier trades are almost as impressive.

Acquiring Sam Bennett from the Calgary Flames for Emil Heineman and a second-round pick was another well-crafted trade that ended up one-sided in favor of the Panthers. Another key move was the trade with the Buffalo Sabres to acquire Sam Reinhart who currently leads the team in scoring this season with 17 goals and 20 assists in 27 games. That trade could go either way though as Reinhart is a free agent at year’s end and Devon Levi has shown glimpses of being a star in the making, despite his struggles this season.

But one of Panthers’ best moves was a different trade with the Sabres. One in which Florida acquired Brandon Montour for a 2021 third-round pick. Montour has started slowing this season with just two assists in 11 games, but like Tkachuk, he is returning from a severe injury. Montour was a key catalyst for the Panthers last season as he put up career numbers with 16 goals and 57 assists in 80 games. To cap it all off the 29-year-old had eight goals and five assists in 21 games during Florida’s surprise run to the Stanley Cup finals this past spring. His acquisition remains some of the Panthers’ best work the last few years, and credit goes to the team’s pro scouting who continue to identify diamonds in the rough.

What would the Panthers be even more thankful for?

A few contract extensions.

The Panthers are headed into a summer of uncertainty as they do have a number off key free agents who could be difficult to get under contract long-term.

As mentioned earlier, Reinhart has been terrific this season. He is on pace for a career year and could eclipse 50 goals and 100 points for the first time in his career. The timing could not be better for the 28-year-old as he is just over six months away from hitting the open market. If he gets to market there is no telling how high the cap hit could be on a lucrative long-term deal, especially with the salary cap rising substantially for the first time since before the pandemic. The Panthers are the only team that can offer Reinhart an eighth year, but they do have other extensions to consider and may not be willing to go as high as they need to get a deal done.

Montour is another pending unrestricted free agent, and his negotiations are complicated by the wild variance in his play in the last few seasons. After having a career year last season, he has started slowing this year and may give the Panthers pause when it comes to negotiations. Florida might want to see more from Montour before locking him down long-term. However, he was invaluable to them last year, particularly during their playoff run, and if he can replicate that success this year, he may price himself out of Florida.

Lastly, Gustav Forsling is also just over six months away from being able to sign with any team in the league, and while he hasn’t matched the pace he set last year offensively, he is still a key driver of play and can play in all situations. Forsling remains one of the most underrated defensemen in the NHL, but that could change with his next contract. While he currently is playing under a deal that pays him just over $2.6MM annually, he should be able to double his cap hit on his next deal.

At 27 years old Forsling likely has a lot left to give and should be a priority for the Panthers. He blocks shots, kills penalties, can chip in offensively, and is terrific at even strength. The Panthers would be hard-pressed to replace the minutes he plays in free agency and will likely look to lock him up long-term.

What should be on the Panthers holiday wish list?

A depth defenseman.

It really goes to show you how good this Panthers team is that their big need is a depth defenseman. An argument could be made that they use another center, but with Kevin Stenlund providing a decent defensive presence as the fourth line center, we can table talk about the forwards and focus on the Panthers’ back-end.

Uvis Balinskis has filled in admirably on the Panthers third defensive paring as the 27-year-old rookie has played okay in heavily sheltered minutes for the team alongside Oliver Ekman-Larsson. Despite his decent play in a supporting role, the Panthers will likely need to improve their depth if they hope to make another deep run in the playoffs. Balinskis does have a physical element to his game but isn’t overly big and can be pushed off the puck. He also appears uncomfortable playing on his offside, something he will probably have to do to remain in the Panthers lineup long-term.

Florida would do well to grab a depth right-shot defenseman, who can fill in for Balinskis on occasion, or takeover from him should he begin to falter as the season goes on,

Florida Panthers| Pro Hockey Rumors Originals| Thankful Series 2023-24 Bill Zito| Brandon Montour| Devon Levi| Emil Heineman| Free Agency| Gustav Forsling| Kevin Stenlund| Matthew Tkachuk| Oliver Ekman-Larsson| Salary Cap| Sam Bennett| Sam Reinhart| Uvis Balinskis

4 comments

Board Of Governors Updates Salary Cap Projections

December 4, 2023 at 8:08 pm CDT | by Brennan McClain 7 Comments

Largely expected for the last calendar year, Pierre LeBrun of TSN reported that at the Board of Governors meeting today, the league updated team owners on the revenue projections for this season, and projected next season’s salary cap to reach $87.7MM. It will be both the largest dollar value and the highest percentage raise the salary cap has seen in the last five years combined.

If the projection holds, and the salary cap indeed raises by $4.2MM for the start of next season, it will mark the highest possible percentage (5%) increase allowed under the current Collective Bargaining Agreement between the NHL and the NHLPA. If the league can sustain its current growth, it would not be unreasonable to see the league have a salary cap of more than $100MM by the end of the current decade.

As with any time the salary cap is increased by a substantial margin, it primarily benefits players in contract years and gives breathing room to a majority of the teams in the league. With players such as William Nylander, Jake Guentzel, and Brandon Montour, among others, set to hit unrestricted free agency next offseason, the first major cap increase in the last five years may put them in a position to garner record-breaking contracts.

Aside from players set to hit the free agent market this upcoming summer, players such as Leon Draisaitl, Mitch Marner, and Mikko Rantanen will be eligible for contract extensions, meaning this news bodes well for their earning power, as well. Still, although league salary standards are different for all three, the NHL has quite a ways to go in terms of revenue compared to the MLB, NFL, and NBA.

Nevertheless, it is a positive sign for the league as a whole, which saw a stagnant cap during the 2020-21 and 2021-22 seasons, and a mild $4MM increase overall in the cap since the 2018-19 season.

NHL| NHLPA| Newsstand Salary Cap

7 comments

Evening Notes: Zadorov, Giordano, Hyman

November 28, 2023 at 9:04 pm CDT | by Josh Cybulski 4 Comments

ESPN’s Kevin Weekes is reporting that there remains a lot of interest in Calgary Flames defenseman Nikita Zadorov. Among the teams interested are the Dallas Stars, Toronto Maple Leafs, New York Islanders, New Jersey Devils, and fresh off their cap-clearing trade, the Vancouver Canucks.

Zadorov requested a trade a few weeks ago and at the time his agent Dan Milstein had hoped for a quick resolution although one has yet to be reached. Trades have proven difficult this season due to so many teams being within a million dollars of the NHL salary cap ceiling. The Flames have reportedly told Zadorov that they are willing to move him but will be patient in the process as they wait for the right deal to come along.

Zadorov has a goal and five assists in 21 games so far this season while averaging over 18 minutes a night in ice time.

In other evening notes:

  • The Toronto Maple Leafs have announced that defenseman Mark Giordano will not return to tonight’s game due to an upper-body injury. It is unclear when Giordano sustained the injury as he had a shot on goal during his final shift and then remained on the ice until the Florida Panthers scored their first goal. The Maple Leafs’ defense core has been decimated by injuries which has forced Giordano to play in an elevated role after starting the season on the third pairing. The 40-year-old has a goal and four assists in 20 games this season and has an average 18:28 of ice time per game.
  • The Edmonton Oilers have announced that forward Zach Hyman won’t dress for tonight’s game against the Vegas Golden Knights due to an undisclosed illness. Hyman was a full participant in the team’s morning skate today taking his usual spot on the team’s top line but was not well enough to play this evening. Mattias Janmark was elevated into Hyman’s role alongside Connor McDavid and Ryan Nugent-Hopkins which also opened a spot for Sam Gagner to be reinserted into the lineup. Hyman has been one of the Oilers’ most consistent players with 12 goals and 10 assists in 20 games this season.

Calgary Flames| Edmonton Oilers| Toronto Maple Leafs| Vegas Golden Knights Connor McDavid| Mark Giordano| Nikita Zadorov| Ryan Nugent-Hopkins| Salary Cap| Sam Gagner| Zach Hyman

4 comments

Chicago Blackhawks Acquire Anthony Beauvillier

November 28, 2023 at 7:31 pm CDT | by Josh Cybulski 14 Comments

Elliotte Friedman of Sportsnet is reporting that the Chicago Blackhawks are expected to acquire forward Anthony Beauvillier from the Vancouver Canucks. Friedman believes that the Canucks will receive a fifth-round pick in return from Chicago in return. The Canucks have been desperate to free up cap space and have been reportedly shopping Beauvillier for weeks but haven’t been able to make a move until today.

The Blackhawks were looking for depth after Taylor Hall went down for the season due to injury and Corey Perry’s contract was terminated earlier today. Beauvillier’s cap hit is just a tick higher than Perry’s at $4.15MM, none of which was retained in this trade. He is in the last year of his deal, meaning that Chicago isn’t making a long-term commitment by acquiring the 26-year-old.

For his part, Beauvillier has been a solid contributor throughout his NHL career, although he has become overpaid in recent seasons due to the flat salary cap. He had a career-high 40 points last season scoring 18 goals and 22 assists in 82 games. Over the past six seasons, Beauvillier has remained consistent, posting at least 28 points in each season.

For the Canucks, they unburden themselves from an expensive contract for the remainder of this season and gain some much-needed breathing room under the salary cap. The Canucks desperately need help on their blue line and will likely take those savings to try and find some help on the back end

Chicago Blackhawks| Vancouver Canucks Anthony Beauvillier| Corey Perry| Elliotte Friedman| Salary Cap| Taylor Hall

14 comments

Elias Pettersson Still In No Rush To Sign Contract Extension

November 23, 2023 at 7:52 pm CDT | by Josh Cybulski 4 Comments

TSN Insider Chris Johnston is reporting that pending restricted free agent Elias Pettersson still doesn’t appear to be in any rush to sign a contract extension with the Vancouver Canucks. Pettersson is under Canucks control for one more season after this one and Johnston wonders if Pettersson might elect to go to arbitration with the club and accept a one-year contract, or take a qualifying offer which would come in north of $8MM.

While that news might not sit well with Canucks fans, it appears that Pettersson’s logic for the holding pattern might be to try and get a better sense of where the NHL salary cap ceiling is going before he puts pen to paper on a long-term deal.

The 25-year-old is off to a terrific start this season with eight goals and 20 assists in 20 games for the surprising Canucks who currently sit second in the Pacific Division with a 13-6-1 record. Many thought that Pettersson could be in a holding pattern to see what the future of the Canucks looked like before signing a new deal, but 20 games into the season it doesn’t appear as though the Canucks hot start has moved the needle for Pettersson.

The native of Sundsvall, Sweden is coming off a season in which he registered 39 goals and 63 assists in 80 games and is currently on pace for a 114-point season should he dress in all 82 games this year. It appears the longer Pettersson waits, the higher his price is going to climb, barring an injury or a massive slump at some point this season.

The Canucks are in a reasonably good salary cap situation beyond this year, and it shouldn’t be an issue fitting in a cap hit that is at or around the $10MM per season that Pettersson is sure to be seeking on a long-term deal. But until he signs that deal, there is sure to be a cloud of doubt surrounding Pettersson’s long-term future in Vancouver.

Arbitration| NHL| Vancouver Canucks Elias Pettersson| Salary Cap

4 comments

Latest On Conor Garland Trade Market

October 18, 2023 at 8:32 pm CDT | by Josh Cybulski 1 Comment

Sportsnet’s Elliotte Friedman reported today on the 32 Thoughts podcast that he believes that Luke Schenn’s injury will lower the probability that the Nashville Predators get involved in the Conor Garland sweepstakes. Friedman theorizes that the Canucks’ desired return for Garland could be defenseman Dante Fabbro, but given the injury to fellow defenseman Schenn, the Predators will likely have less of an appetite to make the move.

The Predators announced this morning that Schenn would be out 4-6 weeks with a lower body injury leaving Nashville a man short on the back end and unlikely to further deplete their defense core. The Predators have a need at forward, but given Friedman’s words, it appears that they don’t want to create a hole to fill another one.

For the Canucks, the injury could remove one potential suitor for the 27-year-old Garland from a trade market that already favors the buyer. The NHL Network’s Kevin Weekes reported today that the Canucks are willing to retain around 30% of Garland’s cap hit for the remaining two years, a step that may be necessary to move the player in a difficult trade market that has so many teams within $1MM of the salary cap ceiling.

The Canucks appear to be hopeful that they can clear some cap space with the Garland move to facilitate other transactions and give the team some much-needed salary cap flexibility. But, unless another team has an early season injury to a winger, the Canucks may need to be patient and wait until the trade deadline when teams will have more flexibility under the cap. The Canucks have been proactive in their approach and gave Garland’s agent permission to seek a trade to another, but nothing has materialized at this time.

Garland’s playing time has been down significantly to start the season as he has averaged just 11:34 of ice time through the first three games of the season, down substantially from the 15:16 of ice time he has averaged throughout his six-year career. The native of Scituate, Massachusetts, has posted 84 goals and 111 assists in 325 NHL games and has been difficult to play against throughout his career, despite being undersized.

Vancouver Canucks Conor Garland| Dante Fabbro| Elliotte Friedman| Luke Schenn| Salary Cap

1 comment

Morning Notes: Benn, McGinn, Benoit

October 14, 2023 at 9:37 am CDT | by Josh Cybulski Leave a Comment

Former Toronto Maple Leafs defenseman Jordie Benn has signed a one-year contract to play for Brynäs IF in the second-tier Swedish league HockeyAllsvenskan. Brynäs IF had been in the top tier SHL for 63 years until they were relegated at the end of last season. The 36-year-old elder brother of Jamie Benn had been on a PTO with the Dallas Stars but was cut earlier this week.

The veteran of 607 NHL games spent last season with the Toronto Maple Leafs but dressed in just 12 NHL games registering a goal and an assist. Benn spent much of last year in the AHL with the Toronto Marlies where he posted two goals and four assists in 23 games while providing a veteran presence to the Marlies’ younger players. Benn was apparently close to signing with Brynäs IF earlier this summer but elected to take the Stars PTO to see if he could hang on to an NHL roster spot. Given Benn’s age and current skillset, it could be very likely that he has played his last game in the NHL.

In other morning notes:

  • CBS Sports is reporting that Anaheim Ducks forward Brock McGinn has been placed on injured reserve effective October 13th. The move means that the earliest McGinn can return from his lower body injury is October 21st. McGinn had been on a day-to-day timeline with the injury but was downgraded yesterday and will likely be replaced in the lineup by recent waiver claim Ross Johnston. McGinn was acquired at the 2023 trade deadline along with a third-round pick in exchange for defenseman Dmitry Kulikov. He is expected to be a regular in the Ducks lineup despite his struggles in recent seasons. Last year McGinn posted 12 goals and seven assists in 75 games and was essentially a cap dump for the Penguins as he still has another year on his contract after this season at a cap hit of $2.75MM.
  • The Toronto Maple Leafs announced that they’ve recalled defenseman Simon Benoit for the second time this week. This comes on the heels of the club loaning Benoit to the AHL Toronto Marlies just two days ago. The moves are of little financial consequence to Benoit as he is on a one-way contract and is paid $775K regardless of whether he plays in the NHL or AHL. Benoit is certainly capable of playing in the NHL having dressed in 78 games last season with the Anaheim Ducks where he posted three goals and seven assists. However, given the Maple Leafs precarious salary cap situation he could find himself shuffled back and forth between the NHL and AHL throughout the season as the team tries to maximize salary cap space.

Anaheim Ducks| Toronto Maple Leafs Brock McGinn| Dmitry Kulikov| Jamie Benn| Jordie Benn| Ross Johnston| Salary Cap| Simon Benoit

0 comments

Philadelphia Flyers Willing To Take On Salary

October 10, 2023 at 9:12 pm CDT | by Josh Cybulski 11 Comments

Anthony Di Marco of The Fourth Period is reporting that the Philadelphia Flyers are prepared to weaponize their cap space to acquire additional assets. The Flyers begin today with less than $1MM in salary cap space, a number that would translate to roughly $3.9MM at the NHL trade deadline. Now that number might not seem significant, but the Flyers can easily free up over $6MM by placing defenseman Ryan Ellis on LTIR, something they’ve been hesitant to do thus far, but are willing to do to make a trade work.

After years of being slammed up against the salary cap, the Flyers have finally created roster and salary cap flexibility after a summer in which they moved on from veterans Kevin Hayes, Tony DeAngelo, and Ivan Provorov. General Manager Daniel Briere seems fully committed to rebuilding the Flyers and appears willing to take on undesirable contracts in exchange for future assets.

Sportsnet’s Elliotte Friedman reported just two weeks ago that the Flyers were open to taking on Ottawa Senators forward Mathieu Joseph and his $2.95MM cap hit in exchange for a high prospect or a first-round pick, something Ottawa appears uninterested in entertaining. However that could change if they start the season slow without their second and third-line centres.

While a Joseph deal hasn’t materialized the Flyers will likely have their pick of suitors as the flat cap has created a financial landscape in which 19 NHL teams are within $1MM of the salary cap ceiling (including Philadelphia). There are a lot of teams that see themselves as Stanley Cup contenders who will be hard-pressed to make in-season improvements unless they can move out some salary, this is where the Flyers cap space could be leveraged to acquire assets.

The Flyers are early in their rebuild and are at least three or four years away from turning the corner. With that in mind, any contract they take on will probably fall into the one to three-year range similar to the contract they acquired with Cal Petersen. Philadelphia has several of their own undesirable contracts as well as over $5MM in dead cap space for the next few seasons in the DeAngelo buyout and the retained salary on Hayes.

Philadelphia Flyers Cal Petersen| Daniel Briere| Elliotte Friedman| Ivan Provorov| Kevin Hayes| Mathieu Joseph| Ryan Ellis| Salary Cap

11 comments

Panthers Notes: Ekblad, Sourdif, Bennett

October 10, 2023 at 6:28 pm CDT | by Josh Cybulski Leave a Comment

PuckPedia tweeted that the Florida Panthers made a move today to officially place star defenseman Aaron Ekblad on the long-term injured reserve. The transaction has been months in the making, but the Panthers officially completed the paperwork today. Ekblad is expected to miss at least the first month of the season as he recovers from offseason shoulder surgery.

The move gives the Panthers some breathing room under the salary cap allowing them to facilitate other moves. Florida will be without Ekblad and fellow defenseman Brandon Montour for quite some time which could lead to expanded roles for Gustav Forsling and newcomer Oliver Ekman-Larsson.

One note on LTIR is that once a player is placed on it, they must miss at least ten games and 24 days, which means the earliest Ekblad could return is the first week of November.

The 2014 first-overall pick saw his numbers dip last season as the Panthers marched to the Stanley Cup finals. And with the root cause of his injury unknown, one might wonder if a fully healthy Ekblad could be ready for a monster bounce-back season.

In other Panthers notes:

  • The Panthers announced that they have recalled forward Justin Sourdif from the Charlotte Checkers of the AHL. The recall comes mere hours after the team assigned the 21-year-old to the AHL along with veterans Zac Dalpe and Casey Fitzgerald. The Richmond, British Columbia native posted seven goals and 17 assists as a rookie last season in the AHL, dressing in 48 games. The Panthers open the regular season against the Minnesota Wild on October 12th.
  • Panthers forward Sam Bennett may be back in Florida’s lineup sooner than later as David Dwork of The Hockey News is reporting that the team is toying with the idea of bringing Bennett on their upcoming road trip. The 27-year-old has been ruled out of their season opener on Thursday but may travel with the team as they head up to Winnipeg for a game on Saturday and New Jersey next Monday. Bennett was seen in a walking boot on October 7th after being injured in a preseason game on October 5th, however, the injury doesn’t appear as severe as first reported.

Florida Panthers| Sam Bennett Aaron Ekblad| Brandon Montour| Casey Fitzgerald| Charlotte Checkers| Gustav Forsling| Justin Sourdif| Oliver Ekman-Larsson| Salary Cap| Sam Bennett| Zac Dalpe

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