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Board Of Governors Notes: Salary Cap, Melnyk, Seattle

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The NHL’s Board of Governors Meeting began today in Sea Island, Georgia, as the league’s owners and executives sat down today for the first of two days of discussions. Commissioner Gary Bettman then spoke with the media this evening, apprising the press of certain topics of discussions. The biggest announcement made by Bettman related to the projected salary cap for next season. As relayed by NHL.com’s Dan Rosen, Bettman expects the 2019-20 salary cap to raise to $83MM, a significant jump of $3.5MM for this season’s ceiling of $79.5MM. Rosen notes that this value could change, but that the league has been consistently accurate in their predictions in the past. Such an increase would serve to accommodate the growing salaries of younger players, as emphasized by the recent William Nylander negotiations. With several high-profile players on high payroll teams becoming restricted free agents this summer, this added cushion should help those squads to stay together in a more comfortable manner.

  • TVA’s Renaud Lavoie reports that Ottawa Senators owner Eugene Melnyk is not in attendance at the meetings, which is perhaps why Bettman took the opportunity to speak about his unhappiness with the situation in Ottawa. Sportsnet’s Elliotte Friedman relayed that Bettman is “disappointed” in how the progress on a new arena in Ottawa has been going, although he did not point any fingers and stated that he understands it is a complex process. Nevertheless, with Melnyk’s seemingly poor management of the team, as well as his poor placement in the public eye, and now an admission from the commissioner that he is frustrated with the situation, perhaps the idea that the Senators owner will be forced to sell is not as outlandish as it once seemed.
  • The meeting today did not involve any discussion on the expansion bid of the potential Seattle ownership group, although Rosen reports that David Bonderman and Jerry Bruckheimer were in attendance. Instead, any discussion has been tabled until tomorrow, when the owners will vote on Seattle’s entry into the league. A two-thirds vote in favor of expansion is needed to make Seattle official and there is a strong expectation of such a result. However, the vote also more or less is a vote of realignment, as Seattle will almost certainly be added to the Pacific Division, whereas the Central Division is currently short a team. One organization who could be moved, but has no desire to do so, is the Edmonton Oilers. The team does not want to move to the Central, meaning the Oilers’ and Calgary Flames’ owners could be two potential votes against on Tuesday. If those two teams don’t move, it’s likely the Arizona Coyotes being shifted to the Central and they can’t be too happy about the possible move either.
  • The one piece of Seattle news that did come out today, albeit still not official, is that the team is likely to begin play in 2021. TSN’s Darren Dreger states that no one would go on the record, but that all signs point to the team’s inaugural season being 2021-22. While this is a year later than most expected when the current round of expansion officially began, the delays in making the move official combined with concerns over collective bargaining have hinted at a 2021 start for some time.

Toronto Maple Leafs Lock Up William Nylander For Six Years

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The long-awaited saga between William Nylander and the Toronto Maple Leafs is finally at an end. The Toronto Maple Leafs announced they have signed the holdout restricted free agent to a six-year, $45MM deal, according to CapFriendly. Nylander is expected to be on a plane from Stockholm to Toronto within 10 hours.

“We always tried to stay optimistic,” said general manager Kyle Dubas (via TSN’s Kristin Shilton). “We had our process and we have a great staff…it wasn’t really an emotional experience. It’s my duty to the organization to put the organization in the best possible spot with all our economics. We hope to always avoid [a standoff], but it’s a realistic situation.”

The deal has a complicated structure, especially for the first year. According to TSN’s Bob McKenzie, Nylander’s first-year salary is pro-rated at 10MM (6.67MM), plus a $2MM signing bonus, which comes out to net $8.67MM and a $10.2MM AAV. In the remaining years of the deal, Nylander’s AAV is $6.996MM.

Here is a breakdown of the deal (via CapFriendly):

  • 2018-19: $10MM salary + $2MM signing bonus = $10.2 AAV
  • 2019-20: $700K salary + $8.3MM signing bonus = $6.97 AAV
  • 2020-21: $2.5MM salary + $3.5MM signing bonus = $6.97 AAV
  • 2021-22: $2.5MM salary + $3.5MM signing bonus = $6.97 AAV
  • 2022-23: $2.5MM salary + $3.5MM signing bonus = $6.97 AAV
  • 2023-24: $2.5MM salary + $3.5MM signing bonus = $6.97 AAV

For Nylander, it ends a long holdout as Nylander missed out on 59 days of the season, officially signing five minutes before the NHL deadline for him to sign an NHL contract this year. With rumors that Nylander had been holding out for $8MM and trying to force Dubas’ hand in the rookie GM’s first holdout negotiations, Nylander was forced to settle for under $7MM, which is a win for Dubas.

“I think all offers varied. I’m not going to get into where our offers started and where theirs started,” Dubas said. “I’m happy for our team and I’m happy for William. I wish we had been able to get this done before training camp…happy to add William.”

McKenzie also notes that Nylander received a 10-team modified no-trade clause in the final year of the deal as he is not eligible for a no-trade clause for another five years.

The 22-year-old center was considered to be a key piece of Toronto’s young core, but with the team’s salary cap having tightened up over the past two years with signings to major free agents Patrick Marleau and more recently to John Tavares, the team needed to prove that they could extend some of their younger players for discounts or be forced to break apart some of the team. Nylander is only the first of many of their future contract negotiations as Auston Matthews and Mitch Marner will both be restricted free agents this coming offseason and are expected to get paid even higher than Nylander. The team also have several other key contracts, including Nylander’s on-ice replacement this year in Kasperi Kapanen, who has played well enough to earn himself quite a raise in restricted free agency next season. Andreas Johnsson’s play should also get a boost in pay as a restricted free agent as well. The team also will have to factor in the contract of defenseman Jake Gardiner who will hit unrestricted free agency next season and needs to be locked up.

“I knew people were ready to jam that one down my throat,” Dubas said. “We hope all these guys will be career Leafs. That’s our goal, is to keep it together…We’ve had discussions with [Matthews and Marner’s agents]. We want to avoid a situation where all our players aren’t in training camp. Not [making history] in the way we’d like to [with Nylander deal].”

Despite the long holdout and his $8MM asking price, Nylander fared pretty well. The Maple Leafs had made it clear early in negotiations this summer that they weren’t willing to go past six years at $6MM, so to get an extra $1MM per year is impressive, considering the team’s budget.

TSN’s Darren Dreger  was the first to report the deal.

Is There A Market For Karl Alzner?

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It’s been a brutal 17 months for Montreal Canadiens defenseman Karl Alzner. Well, the first few months after Alzner signed a five-year, $23.125MM contract on July 1st, 2017 were probably okay. Once he actually took the ice with the Habs last season though, it was all downhill. Alzner had capitalized on a weak free agent market – one in which even we here at PHR considered him the third best name – which had inflated his value far beyond what it should have been. Alzner was a solid defenseman for many years for the Washington Capitals, consistently healthy and capable of eating significant minutes. However, he lacked much in the way of offense and in retrospect his defensive abilities were amplified by the copious talent around him on the eventual Stanley Cup champions. Transitioning to a weaker roster in Montreal, Alzner was exposed when asked to play a key role on the Habs’ blue line. Carrying the puck more often, Alzer became a turnover machine. Facing tougher assignments, he was far less effective on defense and took a career high in penalties. And per usual, he contributed just twelve points and was a non-factor on offense.

Entering this season, Alzner and Canadiens fans alike hoped that he could turn it around and return to the shutdown player they felt they had signed for top dollar. However, the organization and coaching staff had other plans. Alzner was a healthy scratch in season opener and to date has only played in eight games with a major drop-off in ice time. Alzner was placed on waivers and subsequently cleared earlier this week and it was fair to wonder whether he had played his last game in Montreal just over a season into his five-year deal. That became much more probable yesterday, when the Canadiens gave Alzner and his agent permission to seek a trade.

Yet, permission to seek a trade is not the same as having concrete interest and willing suitors. Although the Habs have little reason not to accept any deal brought to them – barring an unreasonable amount of retained salary requested – that is just one side of a trade which obviously needs multiple teams. But is there even a market for Alzner? Two years ago, there was ample interest in him on the free agent market, but after a year in which he was exposed as having a game dependent on the talent of the players around him, he’s no longer the prize he once was. Then there’s also the matter of his contract, a relative albatross of four more years at $4.65MM. His stock is the lowest it has ever been, while his price is at it’s highest. That’s a tough combination to sell to a team. Alzner went untouched on waivers, meaning any team interested in acquiring him would also expect the Canadiens to retain some salary or otherwise add another piece to the deal.

Clearly, Alzner is not a player that can do much to help a rebuilding team. His cost also makes him a difficult addition for any team close to the salary cap ceiling. This leaves a narrow group of potential suitors who have talented rosters but are in comfortable salary cap shape and have a long-term need for a defensive blue liner. Any come to mind? It’s not a common occurrence, at least not currently. The Toronto Maple Leafs, although dealing with the William Nylander saga and long-term salary cap planning as is, would make some sense. The team is likely to lose Ron Hainsey and Jake Gardiner to free agency this summer and could use a long-term physical presence on the blue line at the right price. Their preference would certainly be to add a right-handed defenseman, but might not be picky if they feel Alzner would excel in their system. Barry Trotz’ new uber-conservative New York Islanders could also be a fit for Alzner, as they could stand to upgrade their blue line depth and have the existing talent to ease Alzner into his natural stay-at-home role. Alzner would seem to be a perfect fit for the Isles’ current system that emphasizes physicality and patient pace. The Columbus Blue Jackets and Minnesota Wild have fallen short of the ultimate goal despite strong recent campaigns and have the cap space to add a luxury piece like Alzner, who would be a bottom-pair defender for either team, albeit a needed depth addition. Finally, there are the Chicago Blackhawks who, despite shedding salary this summer, refrained from using their newfound cap space. Chicago had interest in Alzner when he was a free agent in 2017, considered by many the favorite to land the physical defender. The team could still use more talent and especially more shutdown play on the back end. However, with one of hockey’s worst contracts in Brent Seabrook already on the roster, could they really risk adding a similarly disappointing and overpaid defenseman in Alzner?

Those are just five teams who could potentially have interest in Alzner. There could be more, if some teams feel that Alzner’s play in Montreal has been a misrepresentation of his ability. Yet, there also could easily be less, as Alzner has done nothing in the past year plus to prove that he is anything more than a replacement level checking defenseman. Given his contract status, Alzner may find it difficult to match up with a new team and put together a successful trade out of Montreal. It is certainly a possibility, but the only team Alzner is likely going to be playing for in the near future is the AHL’s Laval Rocket.

Florida Panthers Seeking Upgrade In Goal

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Entering the season, the Florida Panthers’ goaltender trio of Roberto Luongo, James Reimer, and Michael Hutchinson seemed like one of the deepest in the league. As the second month of the season wraps up, the Panthers currently hold the second-worst goals against average in the NHL and their play in the net has been the team’s greatest weakness. As a result, The Athletic’s Pierre LeBrun reports (subscription required) that, despite their considerable depth, Florida is looking for an upgrade behind the injury-plagued Luongo.

Injuries have limited Luongo, 39, to just nine appearances, but even when healthy he has not looked like himself. Luongo holds a 3.07 GAA and a .902 save percentage that, if the season were to end today, would be his career-low. It could be that Luongo’s play is reflective of his poor health, especially considering his strong performance just last year. However, between his injury issues and inconsistent results, Luongo simply can’t be relied upon as a bona fide starter. Of course, that was the reasoning behind the Panthers initially signing Reimer three years ago. Reimer looked the part in his first season in 2016-17, with perhaps his best NHL campaign. Yet, his numbers tailed off last season as he too struggled with injuries and now this year Reimer looks far from a starting option. The 30-year-old leads the Panthers with 14 appearances, but has just four wins, tied with Luongo despite five more showings. His performance has been bleak, with an .895 save percentage and 3.39 GAA. Yet, the injury concerns and inconsistency of Luongo and Reimer is exactly why Florida signed Hutchinson this summer. That has quickly proven to have been a mistake, as the AHL veteran has been out of his depths in four NHL games, sporting a brutal .839 save percentage and 4.17 GAA. Hutchinson has struggled to even perform at an average level in the minors this season.

Nothing has worked out according to plan in Florida, so the team needs to make a move to improve in net. The problem with that plan, as LeBrun points out, is that Reimer still has two years remaining on his contract at $3.4MM. That contract could prove very difficult to move. Luongo is also signed long-term, with three years remaining, but it appears that the team would prefer to hold on to him despite his current struggles, even if they were able to find a take. As such, a long-term solution in net may be difficult to find, unless the team is also able to move Reimer. Nearly any established goalie signed beyond this season would put too much strain on the Panthers’ payroll, which is already close to $2MM from the salary cap. An expensive rental, such as Detroit’s Jimmy Howard, would also be difficult to manage. Cheap rentals, such as New Jersey’s Eddie Lack, Carolina’s Petr Mrazek, Edmonton’s Al Montoya, and recent waiver placement Calvin Pickard, are readily available, but would be unlikely to shift the status quo substantially. The Panthers could make a play for a young, affordable goalie lacking opportunity, such as Montreal’s Charlie Lindgren, Vancouver’s Thatcher Demko, Los Angeles’ Cal Petersen, or Pittsburgh’s Tristan Jarry, but it would come at a cost. The Panthers may want to upgrade their goalie depth, but such a move won’t come easy for the team this season.

Brooks Orpik Placed On Long-Term Injured Reserve

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The Washington Capitals are pressed right up against the salary cap this season, and because of this have been forced to use long-term injured reserve once again. Brooks Orpik has been placed on LTIR, meaning the veteran defenseman will not be able to play for at least another six games as he works he way back from a lower-body injury. The team is also missing John Carlson from practice today with a lower-body injury, meaning they have recalled Jonas Siegenthaler and Aaron Ness from the minor leagues to fill in. According to CapFriendly’s calculations, the team is now exceeding the upper salary cap ceiling by using the flexibility created by LTIR.

Orpik, 38, went through an interesting series of transactions this summer that started when he was included in a trade to the Colorado Avalanche. The Avalanche quickly explained that they had only taken his contract on in order to keep the price of goaltender Philipp Grubauer low, and tried to trade Orpik to someone who would actually use him. When they couldn’t find a taker, Colorado bought out the remainder of Orpik’s contract and allowed him to seek out a new deal on the open market. That deal came back with the Capitals, for the low price of $1MM plus some performance bonuses. That was enough, given he is still earning $1.5MM from the Avalanche this year and next.

Though he was much less expensive this time around, the Capitals haven’t been pushing Orpik to the press box as a veteran extra. Instead, he’s played in ten games already this season and has recorded two points. That even included a goal, his first regular season tally since the 2015-16 season. Even though his minutes have been reduced, Orpik is still a legitimate piece of the Washington blue line and will be needed at other times this season. For now though, he’ll have to wait on the sideline and recover while the team inserts young Siegenthaler into the lineup.

Predators Begin Extension Talks With Pekka Rinne

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The Predators have started preliminary discussions regarding a potential contract extension for starting goaltender Pekka Rinne, TSN’s Bob McKenzie reported in an appearance on NBCSN (video link).

Rinne is in the final season of a seven-year, $49MM contract and in that time, he has established himself in the upper echelon of goalies around the league while he is the reigning Vezina Trophy winner.  However, he turns 36 next month which means any new deal is going to carry a little bit of extra risk due to the 35-plus designation.

Nashville also has Juuse Saros in the fold, locked up on a three-year, $4.5MM contract.  He has long been viewed as their goalie of the future and some had wondered if they might be considering beginning that transition this season.  These talks would seemingly put that idea on hold though.

Looking ahead to next year, the Predators shouldn’t have too much difficulty fitting a new deal for Rinne.  They have a little over $64MM committed to 17 players for 2019-20 per CapFriendly and don’t have many other expiring contracts of note (wingers Kevin Fiala, Ryan Hartman, as well as center Colton Sissons are the other regulars in need of new deals).

While that would make a one-year extension feasible, their payroll situation gets a little more complicated in 2020-21 when defenseman Roman Josi and winger Craig Smith are eligible for unrestricted free agency.  Locking up those two will cost a fair bit more than the $8.25MM they’re currently receiving; new deals for them and a multi-year pact for Rinne could push Nashville near the $70MM mark for just 13 players (not including new deals for Fiala, Hartman, and Sissons) which will push them very close to the salary cap once they fill out the rest of their roster.

With that in mind, it wouldn’t be surprising if Nashville GM David Poile tried to get Rinne to go year-to-year to mitigate some risk and create an opportunity to do bonus-laden deals to help navigate the salary cap concerns.  However, at the same time, it’s hard to imagine that Rinne would forego a shot at the open market without some sort of multi-year commitment from the team.  With talks at the early stage, there’s still a long way to go but this should be an interesting negotiation to keep tabs on in the weeks and months ahead.

NHL Salary Cap Estimate For 2019-20

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The NHL season is back underway and that means Elliotte Friedman’s 31 Thoughts column on Sportsnet is back in action as well. While it is always filled with interesting tidbits about the game, one bullet was especially noteworthy today. Friedman reports that the NHL provided a salary cap ceiling estimate at the Board of Governors meeting earlier this month, ranging between $81.4MM and $85.4MM depending on the NHLPA inflator. Even the low end of that range represents an almost $2MM increase over the current $79.5MM ceiling, and would provide the league’s richest teams with even more room to pay their star players.

Nothing is certain at this point, but early estimates are rarely that far off from the final numbers for the NHL. The NHLPA used just a 1.15% inflator for the 2018-19 campaign, but if they were to increase that at all there would suddenly be a huge pool of cap space available for free agents. The “superclass” that was expected for the 2019 offseason is quickly dwindling, but still names like Artemi Panarin, Sergei Bobrovsky, Mark Stone, Matt Duchene, and Erik Karlsson remain scheduled for unrestricted free agency. Those names, plus key restricted free agents like Auston Matthews, Mitch Marner and Patrik Laine would all be able to push just a little bit harder in contract negotiations knowing the ceiling is creeping higher.

For Matthews in particular, another increase next offseason could mean he becomes the league’s highest paid player in 2019-20. Connor McDavid’s $12.5MM cap hit was 16.6% of the ceiling when it was signed, meaning an equal percent for Matthews would be just over $13.5 per season. While it’s hard to argue that Matthews is deserving of a McDavid contract just yet, he’s off to an incredible start and is leading the league in both goals and points. Should that continue all season, there’s no reason to think his camp wouldn’t try to make him the new benchmark.

Salary Cap Deep Dive: Dallas Stars

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Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. 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 2018-19 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.

Dallas Stars

Current Cap Hit: $78,030,832 (under the $79.5MM Upper Limit)

Entry-Level Contracts

D Miro Heiskanen (three years, $894K)
D Julius Honka (one year, $863K)
F Roope Hintz (two years, $812K)

Potential Bonuses:

Heiskanen: $2.5MM
Honka: $500K
Hintz: $158K

Total: $3.16MM

The Dallas Stars got a big boost to their defense when they managed to get Heiskanen, the third-overall pick in 2017, to come over to the NHL from Finland. The talented defenseman should be both an offensive and defensive presence for years to come and should be one of the cornerstones of the franchise. The 19-year-old posted 11 goals and 23 points in 30 games in the Liiga last year and has made an immediate impact to the team. And at an entry-level price, should prove to be an even greater impact to the team’s salary cap.

Honka, the team’s first-round pick in 2014, has shown glimpses of being a dominant defenseman as well, but despite his offensive talents, his lack of defense has kept him out of the lineup and has caused him to doubt himself as he is dealing with confidence issues. There was a belief that with new head coach Jim Montgomery around, Honka was starting to develop into that top-four defenseman that the team was hoping for, but he has already been scratched twice, suggesting he’s still not there yet.

A team that lacks offensive depth should be thrilled that Hintz has made the roster. The 21-year-0ld is a 2015 second-round pick and is coming off a 20-goal campaign in his first season of the AHL and could provide some offense from the wing position.

One Year Remaining, Non-Entry-Level

F Jason Spezza ($7.5MM, UFA)
D Marc Methot ($4.9MM, UFA)
F Mattias Janmark ($2.3MM, RFA)
D Esa Lindell ($2.2MM, RFA)
F Brett Ritchie ($1.75MM, RFA)
D Roman Polak ($1.3MM, UFA)
D Connor Carrick ($1.3MM, RFA)
F Jason Dickinson ($875K, RFA)
F Gemel Smith ($720K, RFA)

This could be the last season for Spezza, and if not, it will be at a much lower AAV. Spezza is coming off one of the worst seasons in his career when he tallied just eight goals and 26 points last season as the 35-year-old struggled. While more determined to put up better numbers this year, the team likely will have to find top-six offense from someone else down the road. Methot is no different as his almost $5MM in salary could be better used elsewhere with the team’s defensive depth, although like Spezza, they could bring him back on a cheaper deal. The defensive specialist struggled with injuries last year, appearing in just 36 games.

The team may need a lot of that money for Lindell, who has developed into a solid top-four defender in Dallas. His defense has always been solid, but he has improved on offense, posting a career-high of 27 points and needs to be locked up to a long-term deal. The team also might consider locking up Janmark, who has improved each year since joining the team. The 25-year-old put up 15 goals back in the 2016-17 season and followed that up with an 19-goal season last year, suggesting he could be ready to take that next step this year and become that much-needed offensive weapon on their second line.

Two Years Remaining

F Martin Hanzal ($4.75MM, UFA)
F Valeri Nichushkin ($2.95MM, RFA)
G Anton Khudobin ($2.5MM, UFA)
F Devin Shore ($2.3MM, RFA)
F Radek Faksa ($2.2MM, RFA)
F Tyler Pitlick ($1MM, UFA)

The team still has two years of Hanzal remaining, who signed a three-year deal last offseason, but has struggled with back issues. The 31-year-old appeared in just 38 games last season, posting five goals and 10 points and remains injured at the moment. While he has been skating, there remains no timetable for a return. However, if Dallas can get him back healthy at some point this year, he could provide the Stars with some secondary scoring. Although he’s never been a 20-goal scorer, Hanzal adds a physical presence to the team.

Nichushkin is another player who the team has high hopes for after he agreed to return to the NHL after a two year stint in the KHL. The 2013 first-rounder put up just pedestrian numbers in his two years with CSKA Moscow, but the team believes he should fare well on their second line this season and should produce some offense. Khudobin is another important addition to the team as the team fell apart after the team’s starter went down late in the season at a critical moment. Without a solid backup (Kari Lehtonen), the team struggled and failed to reach the playoffs. Khodobin adds that much needed solid netminder who can fill in for Bishop, who has a history of injury issues.

The team also needs offense from Shore and Faksa. Both have shown the ability to produce, at times, on the bottom-six lines, but both have the potential to take their games up a notch if they can find the right chemistry. Shore has scored just 24 goals in two seasons combined, while Faksa, a defensive center, scored a promising 17 goals last year.

Three Years Remaining

F Blake Comeau ($2.4MM, UFA)
D Stephen Johns ($2.34MM, UFA)

The team has little to worry about in three years as it has just the veteran Comeau locked up and Johns. Comeau was brought on board to add a gritty, veteran presence to the team, while the 6-foot-4 Johns put up solid defensive numbers for the Stars and even provided eight goals.

Four Or More Years Remaining

F Jamie Benn ($9.5MM through 2024-25)
F Alexander Radulov ($6.25MM through 2021-22)
F Tyler Seguin ($5.75MM in 2018; $9.85MM through 2026-27)
G Ben Bishop ($4.92MM through 2022-23)
D John Klingberg ($4.25MM through 2021-22)

The team has several of their cornerstone players already locked up, the most significant came this summer when Seguin agreed to an eight-year extension to stay in Dallas long-term. Until he did so, there was plenty of speculation the team might have to move on from him, but with their franchise player locked in, the team can now focus on building the team around him rather than looking for a new franchise player. The 26-year-old posted a career-high 40 goals last year, but many feel that he is ready for a breakout season and might be able break out and take his game to the next level.

Benn is another player who the team counts on quite a bit on that fearsome first line. The 29-year-old is still a major offensive force who posted 36 goals and 79 points last season, bouncing back from a lesser 26-goal season in 2016-17. He continues to be a consistent scoring threat as he has never (strike shortened season excluded) scored less than 22 goals in his entire career. Radulov adds that third element for Seguin and Benn. The 32-year-old winger signed away from Montreal last summer was a perfect linemate on that first line as he tallied 27 goals of his own.

Bishop put up decent numbers last year as he played in 53 games for the Stars and put up a 2.53 GAA with a solid .916 save percentage. However, injuries knocked him out at a critical time and the team needs him to be healthy for a sustained playoff run. Klingberg had a great season for the Stars, despite seeing his goals scored drop to career-low eight. However, his career-high 59 assists suggested that he’s moving to the upper echelon of defenseman in the league and he even garnered some Norris Trophy consideration.

Buyouts

G Antti Niemi ($1.5MM in 2018-19)

Retained Salary Transactions

None

Still To Sign

None

Best Value: Klingberg
Worst Value: Hanzal

(Excluding entry-level contracts)

Looking Ahead

The key to the Stars plan was getting Seguin to sign on the dotted line and despite some early offseason concerns that it might not happen, the two sides were finally able to come to an agreement before training camp started. That allows the team and general manager Jim Nill to continue working towards adding pieces around a core of Seguin, Benn, Klingberg and Heiskanen by adding much-needed depth. The team looks to be in good shape for the extended future. Now they just have to win some games.

Photo courtesy of USA Today Sports Images.

Salary Cap Deep Dive: Winnipeg Jets

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Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. 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 2018-19 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.

Winnipeg Jets

Current Cap Hit: $74,274,122 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Patrik Laine (one year, $925K)
F Kyle Connor (one year, $925K)
F Kristian Vesalainen (three years, $925K)
F Jack Roslovic (two years, $894K)
F Brendan Lemieux (one year, $839K)
D Sami Niku (two years, $775K)

Potential Bonuses:

Laine: $2.65MM
Connor: $850K
Roslovic: $213K
Lemieux: $200K
Niku: $183K

Total: $4.1MM

The Jets were hit hard when many of their entry-level deals expired a year ago and next year won’t be too much different as the team, which is now starting to feel the strain of the salary cap, will have to find a way to hand over a lot of money to Laine, who could receive a long-term deal at an extremely high price. Of course, the 20-year-old is worth that money. The winger scored 36 goals in his rookie campaign and topped that with a 44-goal season last year. If he can reach numbers even close to that, he could be one of the highest players in the league in a year.

Connor should also cost the team a good deal of money as the 21-year-old winger posted 31 goals in his first full NHL season last year and looks to be heading in a similar direction and could also get himself a contract in the $5MM+ range in one season. The team gets another year for Roslovic, who is currently playing in the bottom-six, but don’t be surprised if the 21-year-old center might eventually move into the top-six at some point in the season.

It’s still too early to know where Vesalainen stands, but the highly-touted prospect will get time immediately in a bottom-six role and develop his skills. With three years on his entry-level deal, the team hopes it can get some cheap scoring options from him for a few years.

One Year Remaining, Non-Entry-Level

D Jacob Trouba ($5.5MM, RFA)
D Tyler Myers ($5.5MM, UFA)
D Ben Chiarot ($1.4MM, UFA)
F Brandon Tanev ($1.15MM, UFA)
F Andrew Copp ($1MM, RFA)
D Joseph Morrow ($1MM, RFA)
F Nic Petan ($874K, RFA)
F Marko Dano ($800K, RFA)
G Laurent Brossoit ($650K, RFA)

While the team is deep in forwards, their defense has many long-term questions surrounding them. Two of those players have contracts that will expire at the end of the season. Trouba is the most interesting. Despite holding out several years ago and showing little interest in Winnipeg, it looked like things were improving after Winnipeg enjoyed an impressive season last year that took them to the Western Conference Finals. However, another difficult negotiations that failed to bring in a long-term deal and the team may be forced to move on from Trouba sooner than later. He can be an unrestricted free agent after the 2019-20 season.

Myers is also a candidate for the team to move on from as the veteran is on the final year of a seven-year, $38.5MM deal. While Myers is still a very productive player, the long term deals the team has already signed off on as well as potential deals with Laine and Connor could make him a cap casualty as well. The team has Niku, among others, sitting in the AHL waiting for a spot to open and some could open up at the end of the year.

Two Years Remaining

D Dmitry Kulikov ($4.33MM, UFA)
D Josh Morrissey ($3.15MM, RFA)

The team made a couple of free agent signings last offseason, including bringing in goalie Steve Mason and signing Kulikov. Mason has already been traded away after a disappointing season, while Kulikov has had trouble fitting in as well, even being held out of several playoff games last year. The 27-year-old is barely holding onto his spot as a third-line defender and could find himself fighting for time eventually if he can’t improve his game.

Morrissey is a different story. The partner to Trouba has been a solid defender and has continued to improve his game and will still be a restricted free agent in a few years, giving the team another opportunity to lock him up long-term.

Three Years Remaining

D Dustin Byfuglien ($7.6MM, UFA)
F Mathieu Perreault ($4.13MM, UFA)
F Adam Lowry ($2.92MM, UFA)

Byfuglien is locked up long-term and in many ways is the face of the franchise, who produces both physicality and offense for the team. The 6-foot-5, 260-pound blueliner did just provide eight goals last year, one of the lowest totals of his career, but the 33-year-old still managed to produce 45 points. The team needs the veteran to continue his dominant play for a few years more if the team intends to continue a long-term Western Conference run.

The team also needs Perreault to continue playing solid hockey as one of their best bottom-six forwards. The 30-year-old posted 17 goals last year, one goal shy of his career-high. The 25-year-old Lowry is another player who the team needs to step up for the franchise. He posted 15 goals in 2016-17, but managed to score just eight goals last year in 45 games. However, his passing game showed quite a bit of improvement.

Four Or More Years Remaining

G Connor Hellebuyck ($6.19MM through 2023-24)
F Mark Scheifele ($6.13MM through 2023-24)
F Nikolaj Ehlers ($6MM through 2024-25)
F Blake Wheeler ($5.6MM in 2018-19; $8.25MM through 2023-24)
F Bryan Little ($5.29MM through 2023-24)

The franchise has quite a few blue-chip players already locked up long-term with the most important position, goaltending, looking to be in good shape after the team signed Hellebuyck to a six-year, $37MM deal. The 25-year-old posted an impressive breakout season that saw him post a 2.37 GAA and a .924 save percentage and should be a major positive for the team over the next six years.

The team signed Wheeler, their captain, to a long-term extension this offseason. He will finish out his previous deal at $5.6MM, but will start on a four-year extension at $8.25MM. Wheeler posted 20 goals for the fifth-straight season, but also saw his points total surge as the 32-year-old put up a career-high 91 points last year, way better than his previous career-high of 78 points.

Ehlers signed a seven-year extension at this time last season and the 22-year-old posted a career-high 29 goals last season playing on the other side of Laine and producing one of the team’s most dangerous lines. The team also has Little working as a second-line center, although many believe that he’d be better off with a bottom-six role down the road, which would make him an expensive long-term cost at $5.29MM.

Buyouts

F Mark Stuart ($583K in 2018-19)

Retained Salary Transactions

None

Still To Sign

None

Best Value: Scheifele
Worst Value: Kulikov

(Excluding entry-level contracts)

Looking Ahead

The Winnipeg Jets have done an incredible job so far drafting and developing high-end talent and so far have done an excellent job keeping them in the fold for what the team hopes to be a solid five year run for a Stanley Cup. The team has already locked up many of their top players and while they still have a few more to go, they look well on their way to doing that. The only real question is how general manager Kevin Cheveldayoff handles his defense as he has a pair of major decisions to make within the next year when it comes to dealing with Trouba and Myers.

Photo courtesy of USA Today Sports Images.

Canucks Loan Sam Gagner To AHL’s Toronto Marlies

at CDT | by 5 Comments

To add insult to injury, Sam Gagner will not start the 2018-19 with the Vancouver Canucks or with their fellow depth options on their AHL team, the Utica Comets. Gagner, who cleared waivers today, has been loaned to the AHL’s Toronto Marlies, the Canucks announced. Vancouver retains the right to recall Gagner, but normally a reassignment like this is an indication that ties have been cut between the player and the organization.

To be clear, this loan is a favor to the veteran forward. While it stings that Gagner, 29, is not in the Canucks’ plans moving forward, they did him the courtesy of sending him home to Toronto, where he and his wife are raising a young family. A reassignment like this is rare, but not unheard of; for the second season in a row, the Buffalo Sabres sent forward Matt Moulson to the Ontario Reign of the AHL, the Los Angeles Kings’ affiliate, to be closer to his family in California. There is no exchange of assets and no financial strings attached in such a move, as Gagner will simply log his AHL minutes for the Marlies instead of the Comets while counting for $2.125 against Vancouver’s salary cap as a buried player, as opposed to his full $3.15MM cap hit.

Gagner was the biggest surprise of this fall’s preseason waiver wire. The talented forward just signed a three-year contract with the Canucks last summer and registered 31 points in 74 games in his first season. His production was not incredible, but it was far from egregious. He managed to maintain a top-nine role and was one of Vancouver’s top shot-producers, with a 6.1% shooting percentage that was the worst of his career and was bound to regress positively. Gagner has proven throughout his up-and-down career to be perhaps the most system-specific player in the NHL. In the right role in the right scheme with the right mix of players, Gagner has been a potent play-maker and offensive asset. He set a career high of 50 points with the Columbus Blue Jackets just two years ago and was a perennial 40+ point player to begin his career with the Edmonton Oilers. Yet, his production tailed off in Edmonton as the team’s composition began to change and he struggled mightily with the Philadelphia Flyers in 2015-16, managing just 16 points. The remains of his current contract are not an attractive attachment, but it still remains a bit of a surprise that Gagner was unclaimed on waivers given his history of having a high scoring ceiling in the right system.

This very well might not be the end for Gagner, though. At just 29, he still has the potential to play for a lot longer. Like Moulson, he very well could be one of the top scorers for his on-loan club but, unlike Moulson, maintains value around the league and could use his minor league performance to his advantage. The defending champion Calder Cup winners will give Gagner the chance to show off his ability and, with or without an uptick in shooting luck, should be able to dominate at the AHL level. Meanwhile, the Canucks would have little reason not to entertain trade offers. Even in a potential trade with retained salary, Vancouver stands to benefit rather than his current cap hit as a buried veteran. Gagner will remain an intriguing name permanently on the trade block until there is a resolution to his current situation.

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