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Salary Cap

New Jersey Devils Acquire Louis Domingue

November 1, 2019 at 6:36 pm CDT | by Zach Leach 6 Comments

A change in agents has never worked so well. Just 24 hours after a report emerged that goaltender Louis Domingue had switched his representation in hopes of finding a trade out of Tampa Bay, a deal is done. The New Jersey Devils have announced that they have acquired Domingue from the Lightning. The return is just a conditional 2021 seventh-round pick in what is merely a small salary dump for the Bolts.

Domingue, 27, is surely ecstatic not only to be out of the crowded net in Tampa, as well as AHL Syracuse, but also to be moving into a situation where there is a realistic opportunity to see NHL action. Despite a career season last year with the Lightning in which he recorded a 21-5-0 record, Domingue found himself replaced this off-season. The Lightning opted to bring in veteran Curtis McElhinney as the number two to starter Andrei Vasilevskiy, creating a solid NHL tandem and all but sealing Domingue’s fate of being buried in the minor leagues. On top of that, they also acquired Mike Condon as part of the move to rid themselves of Ryan Callahan’s contract and then signed Scott Wedgewood and Spencer Martin, creating a complete logjam in goal. Domingue now moves to an entirely different scenario in New Jersey. The Devils have the fewest wins in the NHL and plenty of their struggles can be traced back to the net. Injury-prone veteran Cory Schneider has an .847 save percentage and 4.71 GAA and young backup MacKenzie Blackwood has not been much better, holding an .871 save percentage and 3.31 GAA. Compared to Domingue’s numbers with Tampa last year – .908 save percentage and 2.88 GAA – Domingue is already lightyears ahead of his competition. Domingue will report to AHL Binghamton for now, but it seems very likely that he will make his return to the NHL level before too long. Whether that makes a difference when it comes to New Jersey’s season is another thing.

For Tampa, they surely would have liked to get more value back for a goalie who performed well last season, but they will settle for a slight salary cap credit. While buried in the AHL, almost all of Domingue’s $1.15MM salary could be removed from the Bolts’ cap calculations. However, $75K remained, and when you’re tight against the cap ceiling as the Lightning are, every little bit helps. As for the draft pick, the conditions are that Tampa Bay will receive the pick if Domingue plays in seven NHL regular season games for New Jersey; plays in one NHL playoff game for New Jersey; or is traded by the Devils prior to the start of the 2020 NHL Draft. If none of those three additions occur, then the Lightning really did just trade Domingue for $75K in savings. Which circles back to the initial point of switching agents really paying off for the savvy netminder.

AHL| New Jersey Devils| Tampa Bay Lightning Andrei Vasilevskiy| Cory Schneider| Curtis McElhinney| Louis Domingue| MacKenzie Blackwood| Mike Condon| Salary Cap| Scott Wedgewood

6 comments

Lineup Notes: Boston, Buffalo, Big Names Scratched

October 27, 2019 at 11:57 am CDT | by Zach Leach 1 Comment

Fresh off a decisive win over the St. Louis Blues on Saturday, the Boston Bruins’ forward lines will look a little different when they face the New York Rangers tonight. The team has announced that bottom-six forwards Chris Wagner and Joakim Nordstrom will both miss the game due to injury. However, the release does not make it sound as if either player is at risk of missing significant time, especially since both played the entire game last night with normal ice time. Wagner is listed as being out as a result of a shot block against the Blues, although no actual injury is listed and the aggressive winger may just need the night off for soreness. Nordstrom has been in and out of the lineup frequently in the young season, dealing with an undisclosed upper-body injury. Today’s news adds even more mystery to his condition, as the Bruins state he is dealing with an “infection issue”. With these two absences coming on top of the injuries to David Krejci and Karson Kuhlman – Kuhlman is expected to join Krejci on IR to create roster space – Boston is shorthanded up front and added that they will recall Peter Cehlarik from AHL Providence. Cehlarik, who played in 20 NHL games last season, leads Providence with six goals and eight points in eight games. The Bruins hope that he can provide the same offensive spark that Anders Bjork has since he was recalled. Tonight should also mark the return to action of David Backes, who has played in five games so far this season and has been held without a point.

  • The Buffalo Sabres have gotten off to a hot start this season and their lineup has been almost identical night in and night out. That is about to change. The team has issued an injury report that includes two new additions in Marco Scandella and Jimmy Vesey. The pair both missed Buffalo’s last game, with Scandella suffering from a lower-body injury and Vesey an upper-body injury. Although the specific injuries are not expanded upon in this new report, Scandella is listed as being out two to three weeks, while Vesey is considered week-to-week. It is a blow to the chemistry and consistency that the Sabres have enjoyed so far this season, especially on the back end where they lose their veteran defensive leader. However, in more positive news, defenseman Brandon Montour has been upgraded to day-to-day and a return to the lineup could be imminent. Montour began the year on the injured reserve with a hand injury, but is nearing his season debut and will provide a major boost for Buffalo.
  • At this point in their respective careers, both Brent Seabrook and Bobby Ryan are known more for their notorious contracts than for their performance. Yet, both are fixtures in their respective lineups. However, reports out of both Chicago and Ottawa state that Seabrook and Ryan will each be a healthy scratch tonight. It is only the second career scratch for both players in their careers and the first under their current head coaches. Per the Ottawa Sun’s Bruce Garrioch, Senators head coach D.J. Smith revealed that Ryan would be a scratch, after recording just three points through the team’s first ten games. Ryan, who is in the fifth year of a seven-year, $50.75MM contract, had been relegated to a fourth line role based on his production, but Smith reportedly does not feel he is a good fit as an energy forward. The team has recalled Filip Chlapik to take his place in the lineup and there is no indication of when Ryan may return. Ryan has not cracked 50 points in any of the past three seasons and has three seasons remaining at a $7.25MM cap hit. As for Seabrook, his contract is arguably even worse. The 34-year-old defenseman still has five years remaining on an eight-year, $55MM contract that carries a $6.875MM cap it. Seabrook’s game has fallen off in both the offensive and defensive departments over the past two years and things are only getting worse. The veteran rearguard has just one point in nine games and a -5 rating, on pace for a career worst in both categories. According to The Athletic’s Scott Powers, Blackhawks head coach Jeremy Colliton will sit Seabrook in favor of untested rookie Dennis Gilbert. Colliton also indicated that Seabrook did not take his benching well. It could be the beginning of an even uglier situation in Chicago. Powers’ colleague Mark Lazerus points out that with Seabrook scratched alongside Zack Smith, the Blackhawks will have over $10MM in salary – approximately 12.4% of the salary cap ceiling – watching from the press box tonight.

AHL| Boston Bruins| Buffalo Sabres| Chicago Blackhawks| Coaches| Injury| NHL| New York Rangers| Ottawa Senators| Players| St. Louis Blues Anders Bjork| Bobby Ryan| Brandon Montour| Brent Seabrook| Chris Wagner| David Backes| David Krejci| Filip Chlapik| Jimmy Vesey| Joakim Nordstrom| Marco Scandella| Peter Cehlarik| Salary Cap

1 comment

Snapshots: Capitals, World Juniors, CBA Talks

October 24, 2019 at 7:46 pm CDT | by Zach Leach 1 Comment

Two of the biggest names among impending unrestricted free agents belong to the Washington Capitals. Long-time cornerstone Caps and Stanley Cup winners Nicklas Backstrom and Braden Holtby will both see their current contracts expire this summer, barring an extension before then. Yet, TSN’s Pierre LeBrun reports that there has been little in the way of contract talks between Washington and either Backstrom or Holtby. LeBrun states that the team has decided to be patient with the decisions, letting the season play out as a way to better gauge their needs moving forward. He adds that the team is on the same page with both camps in this regard as well. It could be that the team waits through the whole season before making a call on Backstrom and Holtby, taking both individual and team performances into account. Thus far, Holtby, 30, has struggled in net – for the second year in a row at that – posting an .884 save percentage and 3.60 GAA in eight games for the Capitals, losing three starts to 22-year-old Ilya Samsonov. Continued poor performance, especially in light of Samsonov’s strong play, could convince Washington GM Brian MacLellan that he does not need to pay the premium price required to retain the 30-year-old Holtby. Meanwhile, Backstrom is still playing at the same elite level, recording nine points in eleven games so far and leading all Capitals forwards in even strength ice time. The 32-year-old has been the epitome of consistency throughout his whole career, recording 882 points in 906 career games while skating in less than 90% of Washington’s games in a given season just once. It’s hard to say that Backstrom has ever had a bad season and it may be difficult for MacLellan and company to say goodbye to a player who has never given any indication that his days and an impact player are anywhere close to being over, unless they determine that the Capitals days as true contenders are over and the team is in need of transition. The salary cap will of course play a major role in these decisions as well. Washington has $63.5MM tied up in just 14 players next season, and likely lack the space needed to re-sign both Holtby and Backstrom while filling out the rest of the roster. Which way they go, re-signing on or the other or perhaps neither, will be a tough call and the Capitals are smart to use all of the information available, including this season’s results, to make that decision.

  • TSN colleague Bob McKenzie also notes today that Hockey Canada is in the beginning stages of forming their official roster for the 2020 World Junior Championships later this winter and are hoping that they can count on the three players currently in the NHL who also qualify for inclusion on the U-20 roster: the Coyotes’ Barrett Hayton, the Blackhawks’ Kirby Dach, and the Islanders’ Noah Dobson. The pair of centers and dynamic defensemen are each of their respective team’s top prospects, but their usage so far this season has been minimal. All three of Hayton, Dach, and Dobson have played in just two NHL games so far this year and are still eight games away from burning a year on their entry-level contracts. However, for Hayton and Dobson, McKenzie does not believe that the ten-game limit is a concern, as he doesn’t feel Arizona nor New York plan on sending their promising prospect back to the junior level. That doesn’t mean that they can’t still be loaned to Team Canada for the WJC though; it is not an uncommon practice for young pros in need of experience playing at different levels of competition instead of solely in the NHL to briefly leave their clubs for the international exhibition. With that said, both the ‘Yotes and the Isles hope to be playoff teams and may be unwilling to give up top young players mid-season, especially if they have become regular contributors. As for Dach, it is still unclear what Chicago’s intentions are this season. The youngest of the group, the No. 3 overall pick in June, Dach has spent some time in the AHL this season and has seen limited ice time in his two games with the Blackhawks. The team could still decide he would be better off with another year in the WHL, although McKenzie believes they are not yet ready to make that decision. Either way, Dach stands the best chance of participating in the WJC, given his current role in Chicago and the expectations of the team this season.
  • LeBrun also reports that, while there haven’t been any in-person meetings this month, collective bargaining continues between the NHL and NHLPA. Back in September, both the league and the players’ association declined to use their opt-out clause in the CBA, which would have prematurely ended the current agreement after this season. The decisions extended the CBA through the 2021-22 season, giving the parties plenty of time to work through their issues. However, both sides felt comfortable in declining their opt-outs as a result of positive ongoing talks and all stakeholders of hockey wanted to see that progress continue. LeBrun writes that those talks have not stalled, but are simply now ongoing in a more behind-the-scenes fashion. The hope is that the NHL and NHLPA can sort out a new collective bargaining agreement long before the September 2022 expiration date of the current deal and put to rest any thoughts of another work stoppage. Continued talks are a good sign that labor peace will come easier this time than in years past.

CBA| Chicago Blackhawks| NHL| NHLPA| New York Islanders| Snapshots| Team Canada| Utah Mammoth| Washington Capitals Barrett Hayton| Bob McKenzie| Braden Holtby| Ilya Samsonov| Nicklas Backstrom| Noah Dobson| Salary Cap| Team Canada| World Juniors

1 comment

Oilers Notes: Puljujarvi, Niemelainen, Hall

October 22, 2019 at 8:03 pm CDT | by Zach Leach 7 Comments

Some fans in Edmonton are probably wishing that Jesse Puljujarvi would just fade into irrelevance in Europe so that they can stop hearing about him. However, the reality is that Puljujarvi is excelling in his native Finland and it is only creating more buzz about his availability. The Oilers have been adamant that they will not rush into a trade for Puljujarvi and will wait for a fair return, but as he continues to put up points for Karpat in the Liiga, the more likely that offer will come. The Athletic’s Allan Mitchell tries to put Puljujarvi’s production into context rather than let the hype train run wild. He writes that there is some question as to the quality of a few of Puljujarvi’s six goals on the year and, more importantly, adds that his point-per-game pace in the Liiga is only equivalent to approximately 0.43 points per game in the NHL. Puljujarvi’s level of play in Finland lends itself to a projection of a third-line forward in the NHL in Mitchell’s estimation; however, given his upside and natural size and athleticism, the 22-year-old is worth more than your typical third-liner. The Oilers will eventually get an offer that they like for Puljujarvi and this story will go away, but the question is whether or not that deal occurs before the December 1st signing deadline for Puljujarvi, a restricted free agent, to play this season. Mitchell does not add any new names to the list of teams interested in Puljujarvi, but reiterates that the Carolina Hurricanes remain intrigued, as do the Oilers do in ’Canes prospect Julien Gauthier. Mitchell also posits that Dominik Bokk, a raw, but talented prospect recently acquired by the Hurricanes in the Justin Faulk trade, could be another target of Edmonton’s in a Puljujarvi trade. Carolina sought a regular NHL forward in exchange for Faulk, but settled for the upside of the young Bokk. Perhaps the team could be convinced to flip him for Puljujarvi. One way or another, the Hurricanes lead the pack when it comes to the most likely landing spot for Puljujarvi until new information emerges on the race to land the divisive young forward.

  • Another Edmonton prospect could also be looking at an extended stay in Finland. Defenseman Markus Niemelainen, the team’s third-round pick in 2016, has signed a one-year extension with Assat of the Liiga, the team announced. Niemelainen is in his first year with the Aces after growing up in the system of HPK, as well as two seasons with the OHL’s Saginaw Spirit. While the big defender has been held scoreless through 12 games, he brings a well-rounded game that balances checking ability and defensive awareness with mobility and play-making ability. Niemelainen has the makings of a player ready for the jump to North America, but claims in the team’s release that he is happy to continue developing with Assat. It seems likely that the Oilers will have to wait until 2021-22 to see Niemelainen cross the pond.
  • The “Taylor Hall-back-to-Edmonton” rumors were inevitable once the New Jersey Devils entered the season without an extension in place with their superstar and then subsequently got off to a rough start. Despite what many may think, Hall never requested a trade when he was with the Oilers, the team that selected him No. 1 overall in 2010, and actually enjoyed playing in Edmonton. It’s possible that Edmonton could continue to build off their hot start to the season and put themselves in position to be a real contender and a potential rental destination for Hall later this season. However, The Athletic’s Jonathan Willis all but rules out Hall as a possible free agency target and long-term fit. With the likes of Connor McDavid, Leon Draisaitl, James Neal, and Ryan Nugent-Hopkins signed long-term on substantial contracts and a number of other top players in need of new contracts, there doesn’t appear to be space for Hall, who Willis expects to command a contract in the vicinity of $11MM per year. Even taking into account salary cap inflation, Willis feels that the Oilers would need to shed considerable salary to afford Hall and questions whether that would be the right play. Edmonton’s days as home to Hall are likely exclusively in the past.

Carolina Hurricanes| Edmonton Oilers| Free Agency| Los Angeles Kings| Minnesota Wild| NHL| NLA| New Jersey Devils| OHL| Players Connor McDavid| James Neal| Jesse Puljujarvi| Justin Faulk| Leon Draisaitl| Salary Cap

7 comments

Toronto Will Have Some Tough Roster Decisions To Make Next Week

October 20, 2019 at 1:17 pm CDT | by Holger Stolzenberg 12 Comments

The Toronto Maple Leafs are expecting to get back two key players from long-term injured reserve as defenseman Travis Dermott and forward Zach Hyman are both eligible to return on Saturday when Toronto faces Montreal. While that is great news for Maple Leafs fans, it might be quite a challenge as the team will have to make quite a few changes to their roster to fit those two back into their salary cap structure.

On Saturday’s Hockey Night in Canada, Sportsnet’s Chris Johnston reported that Toronto may have to clear four players from their roster in order to get Dermott and Hyman onto their roster. He said the moves could be demotions to the Toronto Marlies, but it wouldn’t be a surprise if Toronto made a trade or put a player on waivers.

Elliotte Friedman suggested in the same segment that Toronto is seeking to trade Nic Petan, who the Maple Leafs acquired at the trade deadline last season and isn’t a favorite of head coach Mike Babcock. Petan only played five games after the trade last year and has only appeared in three this year.

Dermott is coming off offseason shoulder surgery, while Hyman had surgery to repair his ACL which he tore during the playoffs last season. With the two on LTIR, the Maple Leafs, who are under the cap by just $380K, have saved $3.11MM on the cap. But when activated, the Maple Leafs will have to clear that much in order to keep both on the roster. While Petan might be an obvious choice, none of their bottom-line players (offense or defense) make much more than the minimum, which likely would force the team to make multiple moves, barring a bigger trade.

Other players who could be out could include Jason Spezza, Nick Shore, Justin Holl, Kevin Gravel and Martin Marincin.

Toronto Maple Leafs Elliotte Friedman| Jason Spezza| Kevin Gravel| Martin Marincin| Nic Petan| Nick Shore| Salary Cap

12 comments

Senators Suspend Search For President Of Hockey Operations

October 14, 2019 at 8:39 pm CDT | by Zach Leach 6 Comments

The Ottawa Senators have been seeking a President of Hockey Operations for some time, but they will hold on a while longer to make a hire. Sportsnet’s Elliotte Friedman reports that the team has decided to end their search for a President, at least through this season, although he also casts doubt on whether they will renew the search. To this point, their attempts to find a man for the role have been fruitless and the team is likely to go back to the drawing board.

It was back in March that the team first announced that they were searching for someone to take on the President role. In the midst of a last-place campaign, many felt that it was the death knell of GM Pierre Dorion. However, the team was quick to note that the hiring would not be to undermine or threaten Dorion, but instead to assist and support. Owner Eugene Melnyk has remained consistent in his confidence in Dorion and it is that faith that likely led to the team feeling comfortable in suspending their presidential search.

Well, that and their failure to attract a qualified name. A report in April suggested that the likes of Dean Lombardi, Mike Gillis, Trevor Linden, Joe Nieuwendyk and current NHL GM’s Steve Yzerman and Ron Francis had all been approached about the position, but turned down the opportunity. While many might assume that the current status of the Ottawa roster is to blame for the lack of interest, the Senators actually have a strong pipeline of young talent that should intrigue any hockey mind. Instead, it is likely the reputation of Melnyk and skepticism of his willingness to spend to the salary cap that have scared off the qualified candidates. Rather than rush into a decision on sub-prime option for the job, it is likely that Melnyk and company preferred to stick with the loyal Dorion and continue to ride out this rebuild without addition supervision. Only time will tell how it will all play out and whether the team will circle back to finding a president down the road.

Ottawa Senators| Pierre Dorion Elliotte Friedman| Salary Cap

6 comments

Trade Rumors: Pysyk, Goligoski, Flames

October 7, 2019 at 6:35 pm CDT | by Zach Leach Leave a Comment

The Florida Panthers did not enter this past off-season with all that much space under the salary cap ceiling, yet still went and handed out over $20MM in AAV to Sergei Bobrovsky, Anton Stralman, Brett Connolly, and Noel Acciari. As a result, the team has just $788K in cap leeway and no way to alleviate that pressure without making a move. Seeing as defenseman Mark Pysyk heard his name on the rumor mill last season, when the Panthers had ample cap space, the pressure on him has increased tenfold to prove that he is a valuable contributor to the team and not just $2.73MM in wasted space. Pysyk, an impending unrestricted free agent at year’s end, likes Florida and would like to stay with the team. However, he’ll find it hard to make his case that he should stick around when he is not on the ice. As The Athletic’s George Richards writes, Pysyk has found himself in a unfamiliar spot through the team’s first two games as a healthy scratch. New head coach Joel Quenneville opted to go with MacKenzie Weegar and Josh Brown as his bottom pair to begin the year, leaving Pysyk in the press box. Fortunately for Pysyk, he’s expected back in the lineup on Tuesday according to Quenneville. “He was always in consideration. He has some experience, gives us some versatility on the back end and can play both sides,” the veteran coach remarked. Yet, the trick is that even if Pysyk plays well in his return to the lineup, it doesn’t guarantee his safety from a trade. With his contract expiring, the 27-year-old is an expendable asset, especially for a team that hopes to contend for a playoff spot and could be eyeing cap space to make a trade addition of their own on the blue line later this season. If Pysyk is playing well and drawing attention from other teams, he could very well be on his way out of town. The two-way defender has heard those rumors before though, and all he can do is continue to focus on brining his best to the Panthers’ lineup whenever he’s active in hopes of proving he’s worth more as a long-term fit than as a cap dump.

  • Optimism was high to begin the season in Arizona and Coyotes GM John Chayka isn’t about to overreact to an 0-2 start to the year. However, The Athletic’s Craig Morgan admits that one valuable member of the team could become expendable if the team’s struggled do continue. The status quo has changed for Alex Goligoski, as the veteran defenseman’s No-Movement Clause expired last season and has been replaced with a Modified No-Trade Clause of a mere eight-team no-trade list. Morgan is adamant that the team has shown no desire to move Goligoski to this point, but at 34 years old and with only one year remaining on his contract beyond this season, Goligoski could be more valuable to a contender than to Arizona, especially if this season proves to be yet another step in the rebuilding process rather than the much-awaited jump to contender status. With a field of 22 possible suitors, there would surely be interest in the reliable puck-moving defender, even with his $5.475MM cap hit. The Coyotes hope it doesn’t come to that, but Goligoski will be a name to keep an eye on later this year if Arizona’s season begins to slip away.
  • It’s not strange for a team to be painfully close to the salary cap this season, and the Calgary Flames are just one of many teams who will have to manipulate the cap constantly this season to maintain what little flexibility they have. However, an easier solution would be to trade a high-salary player and Sportsnet’s Pat Steinberg writes for SB Nation that the team is actively looking to make a “financially-motivated trade”. The name that has come up in trade conversation for more than a year now is back in the rumor mill already: Michael Frolik. Steinberg notes that Frolik has not looked great through the team’s first two games and his $4.3MM cap hit isn’t earning him the benefit of the doubt. Steinberg believes that the Flames should not hesitate to move Frolik if the opportunity arises, as he feels the likes of Andrew Mangiapane, Tobias Rieder, Austin Czarnik, and Alan Quine could easily make up for Frolik’s absence. If there isn’t a market for Frolik, Steinberg adds that the team could consider moving Mark Jankowski as well. The 25-year-old center is not as much of a salary cap stinger, but Steinberg writes that the drop-off in salary between he and Quine is a larger gap than the drop-off in talent, believing the AHL veteran to be more than capable of taking over for Jankowski. With solid depth to make up for potential trade casualties, the Flames could make a move sooner rather than later and work on banking cap space for later in the year, as the team was criticized for not adding more at the deadline last year ahead of their short-lived playoff run.

AHL| Calgary Flames| Florida Panthers| Joel Quenneville| Utah Mammoth Alan Quine| Alex Goligoski| Andrew Mangiapane| Anton Stralman| Austin Czarnik| Brett Connolly| Mark Pysyk| Michael Frolik| Noel Acciari| Salary Cap| Sergei Bobrovsky| Tobias Rieder| Trade Rumors

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Trade Rumors: Honka, Hickey, Eriksson, Schenn

September 30, 2019 at 7:23 pm CDT | by Zach Leach 7 Comments

Julius Honka is the last remaining unsigned restricted free agent and it doesn’t seem like the Dallas Stars are in any hurry to come to terms on a new deal. However, they may have to wait a while longer to find a trade partner as well. In separate radio appearances today, TSN’s Bob McKenzie and Sportsnet’s Elliotte Friedman both confirmed that the asking price for Honka remains high. Stars GM Jim Nill is seeking a second- or third-round pick or a young player with a similar early-round pedigree. The 23-year-old is himself a first-round pick and was once a highly-regarded prospect, but given his lack of production over the past few years has seen his stock plummet. Honka played in just 29 games with Dallas last season and recorded only four points. Without any guarantee that he can be more than that at the NHL level, teams will likely wait for the price to drop to take a chance on trading for Honka.

  • A surprise placement on the waiver wire today was New York Islanders defenseman Thomas Hickey. Hickey is a career Islander who just signed a four-year, $10MM extension with the team last summer. Yet, just one season into the contract, he’s now a candidate to be buried in the AHL if not claimed. To many, this somewhat of a betrayal came out of the blue. However, The Fourth Period’s David Pagnotta reports that New York has been trying to trade Hickey since last season. The 30-year-old veteran was relegated to a part-time role last year, playing in just 40 games, and now has seemingly been forced off the roster altogether by the emergence of top prospect Noah Dobson. Should Hickey clear waivers, he still remains a prime candidate to play elsewhere this season via trade. In all likelihood the relationship between player and team has been tarnished beyond repair.
  • Many in Vancouver are commiserating with Hickey’s situation given the equally shocking waiver placement of Sven Baertschi. A fixture in the top-six for the Canucks for several seasons (when healthy), many had Baertschi pegged for the same role this season, now that he has returned from battling concussions. However, Vancouver opted to place Baertschi on waivers due to both a roster and salary cap crunch. Meanwhile, Loui Eriksson remains on the team despite clashes with the coaching staff and poor production on a hefty contract. The Canucks were working to trade Eriksson all summer and it is likely their failure to do so that forced out Baertschi. If Baertschi or Nikolay Goldobin are indeed claimed on waivers, it could also make Eriksson a necessary piece for the team this season, all but ending their attempts to trade him. That’s not to say that GM Jim Benning won’t still listen to offers though.
  • Meanwhile, the Canucks opened up a roster spot by waiving three players today and there is some thought that they could be looking to bring back a familiar face. Responding to colleague Rick Dhaliwal’s pondering, Sportsnet’s Satiar Shah reports that the team is considering a waiver claim for defenseman Luke Schenn. Schenn was acquired in-season last year by the Canucks and played well in a shutdown role for the team down the stretch. Vancouver tried to retain his services, but Schenn opted to chase a title with an affordable deal with the Tampa Bay Lightning. However, he failed to make the opening night roster in Tampa and is up for grabs. Vancouver is well-staffed on the blue line and Schenn would seemingly be no better than the No. 7 or 8 defender, but that might not stop them from taking a chance on him yet again.

Dallas Stars| Jim Benning| Jim Nill| New York Islanders| Tampa Bay Lightning| Vancouver Canucks| Waivers Bob McKenzie| Elliotte Friedman| Julius Honka| Loui Eriksson| Luke Schenn| Nikolay Goldobin| Noah Dobson| Salary Cap| Trade Rumors

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Salary Cap Deep Dive: Tampa Bay Lightning

September 29, 2019 at 12:30 pm CDT | by Holger Stolzenberg Leave a Comment

Navigating the salary cap is one of the more important tasks for any GM. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2019-20 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Tampa Bay Lightning

Current Cap Hit: $79,773,331 (under the $81.5MM Upper Limit)

Entry-Level Contracts

D Mikhail Sergachev (one year, $894K)
F Alexander Volkov (one year, $864K)
F Mitchell Stephens (one year, $833K)
F Anthony Cirelli (one year, $728K)
F Mathieu Joseph (one year, $728K)
D Erik Cernak (one year, $698K)

Potential Bonuses

Sergachev: $850K
Cirelli: $183K
Joseph: $183K
Cernak: $148K

The Tampa Bay Lightning have done exceedingly well with their young players as they always seem to have key contributors filling out their roster who are on low-cost salaries. Unfortunately for the team all of those entry-level contracts will be expiring after this season. However, for a team that is fighting for a Stanley Cup title, the Lightning should be happy to have several of these players around for this year.

At the top of the list is Sergachev, who came over in the Jonathan Drouin trade a couple of seasons ago. Sergachev has improved greatly, but is still battling for a top-four role, one which he may win this season as he continues to develop his skills. The 21-year-old already has 15 goals and 72 points over two seasons, but spent most of his time last year as a third-line option for Tampa Bay. The team hopes he can win a spot on the first line and earn some power play time to allow his offensive skills to kick in for the Lightning. Another strong season could force Tampa Bay to pay up significantly for him. The team also got some impressive play from Cernak last season who came up and found a permanent home with his physical play.

Cirelli and Joseph have made an impact for Tampa Bay as well. After an solid stint back in 2017-18, Cirelli had a breakout season, scoring 19 goals and 39 points last season and could take another step up this season with J.T. Miller gone. Joseph surprised quite a few when he made the team last year out of training camp, posting 13 goals and 26 points in a third-line role most of the time. The opportunities may continue to increase for the 22-year-old who has showed a hard-working mentality as well as solid skill.

Both Stephens and Volkov are in their last year of their entry-level contract, but both could see time up with the Lightning at some point this season.

One Year Remaining, Non-Entry-Level

G Mike Condon ($2.4MM, UFA — buried at $1.33MM)
D Kevin Shattenkirk ($1.75MM, UFA)
D Jan Rutta ($1.3MM, UFA)
G Louis Domingue ($1.15MM, UFA) — buried at $75K)
F Pat Maroon ($900K, UFA)
F Danick Martel ($700K, RFA)
D Luke Schenn ($700K, UFA)

In their pursuit of a Stanley Cup, the team went out and acquired some veteran players to help the team for this year. They signed Shattenkirk immediately after being bought out from the New York Rangers to give the team a key veteran after they lost Anton Stralman and Dan Girardi in the offseason. The team hopes Shattenkirk can find his game and stay healthy this year and be able to provide quality minutes. They also hope Schenn can provide solid depth and physicality at the bottom of their lineup. On offense, the team also went out and signed Maroon to add some grit to their fourth line after the team lost Ryan Callahan to injury. Callahan was very productive in his time with the Lightning, but injuries derailed his last couple of years.

To unload the final year of Callahan’s contract, the Lightning traded him to Ottawa and were forced to accept Condon, who the team has already buried in the minors to give the team more cap flexibility. Domingue has been buried in the AHL as well.

Two Years Remaining

D Braydon Coburn ($1.7MM, UFA)
F Cedric Paquette ($1.65MM, UFA)
G Curtis McElhinney ($1.3MM, UFA)
D Luke Witkowski ($700K, UFA)

Despite a solid backup in Domingue, the Lightning surprised quite a few people when they inked McElhinney to a two-year deal, plucking him away from a number of interested teams. The 36-year-old veteran had an impressive season after being claimed by Carolina at the beginning of last season. McElhinney appeared in 33 games, picking up 20 wins with a 2.58 GAA and a .912 save percentage. The hope is the veteran will provide some extra insurance and maybe take some of the workload off the starter this season.

The team also has high hopes that bringing back Coburn as well as a gritty multi-versatile player like Witkowski will give Tampa Bay some much needed depth on their blueline.

Three Years Remaining

F Brayden Point ($6.75MM, RFA)
F Ondrej Palat ($5.3MM, UFA)

The Lightning has done exactly what it wants to do with Point, which was get him signed to a three-year bridge deal, something the team does with all its players before locking them up to long-term deals. Now the team has three more years to evaluate him before they have to lock him up to a long-term deal. The deal is actually quite reasonable, considering how much the center has excelled in each of his three seasons. Point’s rookie season was solid with 18 goals, but that number increased to a 32-goal campaign in 2017-18 and he followed that up with a 41-goal, 92-point season last year, making him one of the top young forwards in the game. Regardless, the team was able to sign him for a reasonable cost, giving the Lightning another strong presence at a discounted rate.

On the other hand, Palat may be the opposite of Point. Having struggled with injuries the past couple of seasons, the 28-year-old has appeared in just 120 out of 164 games over the past two seasons and scored a disappointing eight goals in 64 games last year as he’s slipped to a third-line role after a promising 23-goal rookie season back in 2013-14. Since then he’s scored in the teens, but has seen those numbers dip even further with his injury history. Unfortunately, at $5.3MM, the team hopes he can get healthy and rebound as he would be a hard player to find a trade partner for.

Four Or More Years Remaining

F Nikita Kucherov ($9.5MM through 2026-27)
F Steven Stamkos ($8.5MM through 2023-24)
D Victor Hedman ($7.88MM through 2024-25)
D Ryan McDonagh ($6.75MM through 2025-26)
F Yanni Gourde ($5.17MM through 2024-25)
F Tyler Johnson ($5MM through 2023-24)
F Alex Killorn ($4.45MM through 2022-23)
G Andrei Vasilevskiy ($3.5MM in 2019-20; $9.5MM through 2027-28)

The team has done a phenomenal job of signing their top talent. Kucherov is arguably one of the top three players in the league and is now just starting his eight-year contract at a reasonable $9.5MM. The 26-year-old scored 41 goals and 128 points to win the Hart Memorial Trophy, Art Ross Trophy and the Ted Lindsay Award and should be one of the greats for the Lightning for a long time. Stamkos also continues to put up big numbers for someone whose $8.5MM deal looks pretty good. He potted 45 goals last season and a career-high 98 points, which gives Tampa Bay an impressive one-two punch, which doesn’t even include Point.

The Lightning also has quite a bit tied up into their top two defensemen in Hedman and McDonagh. Hedman is one of the top defensemen in the league, only a year removed from winning the Norris Trophy in 2017-18. He posted an impressive 12 goals and 54 points last season and remains in his prime. It’s too early to see how he will fare as he gets older as his contract will run through his age-34 season. But by the time Hedman truly slows down, there shouldn’t be that much time remaining on his deal. As for McDonagh, the team’s second-best defenseman still posted solid numbers, nine goals and 46 points. However, he is two years older than Hedman and has a seventh year remaining on his contract, meaning he’ll be 37 in his final season, which suggests that his contract could become an issue even in just a few years.

As for Gourde, Johnson and Killorn, the team hopes that with the salary cap likely rising over the next few years, those role players’ deals will still look good, if not very good as they age. All have become solid contributors as middle-six players and hopefully will give the team good value over the next four or five years.

Buyouts

D Matt Carle (1.83MM in 2019-20)

Retained Salary Transactions

None

Still To Sign

None

Best Value: Point
Worst Value: Palat

Looking Ahead

The job that Steve Yzerman has done to get the franchise to this point, which might be one of the most impressive organizations that have been built, is impressive and the hope that Julien BriseBois will continue that success in Tampa Bay. The team had an amazing regular season a year ago, but a quick exit in the playoffs left many to wonder whether the team is as good as many think. However, BriseBois has done a good job bringing in some more veterans as well as some grit in hopes that this offensive team doesn’t get pushed around too much this year.

Photo courtesy of USA Today Sports Images.

Salary Cap Deep Dive 2019| Steve Yzerman| Tampa Bay Lightning Alex Killorn| Andrei Vasilevskiy| Anthony Cirelli| Anton Stralman| Brayden Point| Braydon Coburn| Cedric Paquette| Curtis McElhinney| Dan Girardi| J.T. Miller| Jan Rutta| Jonathan Drouin| Kevin Shattenkirk| Louis Domingue| Luke Schenn| Luke Witkowski| Mathieu Joseph| Matt Carle| Mike Condon| Mikhail Sergachev| Nikita Kucherov| Ondrej Palat| Salary Cap| Salary Cap Deep Dive

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Penguins’ Jack Johnson Likely To Be Traded Before Season

September 29, 2019 at 9:59 am CDT | by Holger Stolzenberg 10 Comments

With the Pittsburgh Penguins over the salary cap upper limit, the team will have to make a move to become cap compliant by the time the season starts. The team does have a number of options that could get them to the $81.5MM limit (they are only about $400K over the cap). However, The Athletic’s Josh Yohe (subscription required) reports that defenseman Jack Johnson has been told by the front office that general manager Jim Rutherford has many trade possibilities on his desk and the majority of them involve the Penguins trading away Johnson.

Yohe goes on to quote a source who indicated there was “a 75-80 percent chance” that Johnson will no longer be a Penguin. There are evidently two teams that are willing to take on Johnson’s contract, although Pittsburgh may be forced to send a sweetener. The Penguins are also likely going to have to move one of their backup goaltenders, either Tristan Jarry or Casey DeSmith, or will have to risk sending one of them through waivers, which means one of them would likely be snagged by another team.

Johnson signed a five-year, $16.25MM deal ($3.25MM AAV) with the Penguins last summer and the contract almost immediately become one of the team’s biggest albatrosses. Johnson struggled almost immediately as he played a career low in minutes played, averaging just 19:17. Despite playing in all 82 games, he finished with just 13 points and a minus-four plus/minus.

The team has quite a bit of depth on its blueline this year and Johnson, so far this preseason, has often found himself on the outside looking in and currently looks to be used as the team’s seventh extra defenseman, a tall order for a player making $3.25MM per season for another four years. Several players have passed him since last season on the depth chart, including Marcus Pettersson, Juuso Riikola and the emergence of John Marino.

Jim Rutherford| Pittsburgh Penguins Jack Johnson| Juuso Riikola| Salary Cap

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