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Salary Cap

Cap Haven: Vegas Golden Knights’ Ability To Eat Bad Contracts

August 7, 2017 at 12:19 pm CDT | by Gavin Lee 8 Comments

The Vegas Golden Knights are in a better situation now than any of the last few NHL expansion franchises. Sure, some would look at their roster and see a team that could easily finish last in the entire league, devoid of high-end talent or superstar potential; but as we’ve already discussed they had a heck of a first entry draft and are set to improve themselves again at the deadline this year. It could be a quick build for the league’s 31st franchise. David Clarkson

Following Nate Schmidt’s arbitration decision this weekend, in which the Golden Knights locked up another trade deadline asset for a reasonable price, the team currently projects to have around $5.6MM in cap space for the upcoming season. That number may not look very large, but it is actually quite deceiving. The Golden Knights have two players—David Clarkson and Mikhail Grabovski—who will never suit up for another NHL game and are destined for long-term injured reserve should the team need it. Their combined cap hit of $10.25MM would be available to the Knights if they acquired more salary, and there is where the team will really bring in the most value.

Clarkson and Grabovski are already examples of how eating a bad contract can be beneficial for a team. The Columbus Blue Jackets and New York Islanders both sent a first-round pick this year and a second-round selection in 2019 to move the contracts off the books (and decide which player would be selected in the expansion draft), leading to Vegas’ huge draft haul. Those deals are just the tip of the iceberg for what Vegas could pull off in the next few years. In July, Vegas owner Bill Foley made it clear that there was “no budget” for the club, and that they’d use financial muscle to vault them into the NHL spotlight right away.

Vegas also has eleven defensemen at the moment, and whether or not that is reduced by trade prior to the year or burying certain contracts in the minors, there is more space coming off the salary cap for the NHL team. Even a conservative estimate of an additional $3MM in created room puts the team at around $19MM in in-season cap space, a huge number they could use to their advantage. Recently we’ve looked at some of the worst contracts in the league, both in a per-point capacity and looking forward on long-term deals. Vegas is a clear landing spot for any of these under-performers.

Cody GlassThe question then, becomes whether the team believes it can truly compete in the next five years. Acquiring bad contracts is fine if you’re committed to a long rebuild, one that will be starting to turn into a competitive window as the contracts expire. But if Vegas GM George McPhee believes that the trio of Cody Glass, Nick Suzuki and Erik Brannstrom will jump start the process enough to really compete before say, Dustin Brown’s five remaining years expire then they have to be hesitant to acquire such a bad deal.

Vegas has just $11.6MM committed to active players for the 2019-20 season. Whatever you say about their decisions in the expansion draft, they’ve put themselves in a position to act as a sort of cap haven for teams around the league and stockpile young assets because of it. They already have fourteen picks in rounds 1-3 of the next three drafts, including a whopping seven selections in 2019. They’ll easily have even more than that at the end of the year, and more still the summer after that. Draft picks are like lottery tickets, but if you’re the only one playing you stand quite a good chance of winning.

Photos courtesy of USA Today Sports Images

Expansion| George McPhee| Vegas Golden Knights Salary Cap

8 comments

Cost Per Point: The Best Value Deals In The NHL

August 6, 2017 at 10:00 am CDT | by Zach Leach 1 Comment

When working with a salary cap, especially one that has not been increasing as expected in recent year, it is vital for general managers to get the most production out of their players. Teams with players who meet the expected level of production implied by their contracts and teams that lack wasted dollars in bad, expensive deals are often the same teams that thrive in today’s NHL. Forget market size or free agent appeal, the key to a winning franchise nowadays is getting the best bang for your buck on every player on the roster. While no player can be fully quantified by their scoring, cost per point is an easy way to look at which players are producing at the most team-friendly rate and which have been more of a cap space killer than a positive member of the team. Thanks to CapFriendly, that information is readily available to fans and NHL executives alike.

The benchmark for this metric is about $100K/point, as GM’s expect those big-time forwards and offensive defenseman who they award with $6MM, $7MM, and $8MM per year contracts to be putting up 60, 70, or 80 points respectively. For the second year in a row, St. Louis Blues superstar Vladimir Tarasenko was the poster boy for this standard, coming in at exactly $100K/point with 75 points on a $7.5MM deal. Winnipeg’s Bryan Little and New Jersey’s Adam Henrique are two other notable names that hit the mark exactly, while phenoms like Sidney Crosby and Duncan Keith landing close to the $100K/point mark show that it is an accurate expectation.

However, the exception to the rule is obviously entry-level contracts. It is no secret that drafting and developing well is the best way to improve you team, beginning with affordable scoring from players on their rookie deals. Nowhere is that more apparent than in cost per point, where nine of the top ten and 17 of the top 20 best contracts were rookie deals. To no one surprise, 20-year-old MVP Connor McDavid and his 100 points on a $925K entry-level contract was far and away the best bargain in hockey. McDavid cost the Oilers only $9,250 per point in 2016-17. That will all change soon, as McDavid is set to begin an eight-year, $100MM contract in 2018-19, after which a 100-point campaign will cost Edmonton $125,000/point, closer to the expectations of a standard contract. For now, the Oilers can enjoy one more year of McDavid likely being the best deal in the NHL, as well as the best player. Entry-level deals joining McDavid in the top ten last year (in order) were Viktor Arvidsson, Artemi Panarin, teammate Leon Draisaitl, Conor Sheary, David Pastrnak, Auston Matthews, Nikolaj Ehlers, and Patrik Laine. Not all entry-level deals are created equal, so while Draisaitl and Pastrnak were second and fourth respectively in entry-level scoring, they were also on the ELC maximum deal of $925K and of slightly lesser value to their teams than the likes of Arvidsson ($632K) and Sheary ($667.5K). Panarin had the best contract in the league in 2015-16 and fell only to third with $10,980/point for the Chicago Blackhawks. Now in Columbus and on a two-year, $12MM deal, the Blue Jackets have to hope that they can continue to get 70+ point seasons out of him to maximize the value of that deal.

So, entry-level contracts aside, who was the best contract in hockey last season? Another easy answer, former Blue Jacket gamble Sam Gagner. After a horrendous 2015-16 campaign with the Philadelphia Flyers, Gagner struggled to find a new team last summer, eventually settling on a $650K “show me” deal with Columbus. Right away people tagged that contract, for a six-time 40+ point scorer, as an absolute bargain, even if Gagner simply bounced back to normal production. He did one better, posting a career-high 50 points for the Jackets and coming in at $13K/point, good enough for sixth in the NHL. Gagner has since moved on to the Vancouver Canucks, signing a three-year, $9.45MM contract on July 1st. However, if he is able to continue to produce at 40-50 point levels over that deal, his $3.15MM cap hit will remain a great bargain deal. Behind Gagner, another player on the move this summer, former Florida Panther and current Vegas Golden Knight Jonathan Marchessault had the 13th-ranked cost per point last year at $14,706/point. Marchessault had a breakout year, netting 51 points in the first season of a two-year, $1.5MM deal. Rather than take advantage of one more $750K season for a 30-goal scorer, the Panthers allowed Marchessault to be selected in the Expansion Draft and Vegas surely hopes he continues to be one of the best values in hockey in 2017-18. The final contract in the top 20 not belonging to an entry-level player, and the only 35+ veteran contract in the top 50, belongs to Marchessault’s replacement in Florida, Radim Vrbata. Vrbata returned home to Arizona last season after a down year in Vancouver the season prior, and the swift 36-year old proceeded to score 55 points, more than double his previous year’s total. On a one-year deal with a $1MM base salary, that only cost the Coyotes $18,182/point last season. Now at a base salary of $2.5MM in Florida, the Panthers hope that Vrbata isn’t starting to slow down just yet. Other impressive value contracts included Patrick Eaves, whose breakout season in Dallas led to a trade and subsequent extension with the Anaheim Ducks, Derek Ryan, who shocked the hockey world with 29 points for the Carolina Hurricanes in his first full NHL season at age 30, and a quartet of recently re-signed RFAs in Richard Panik, Ryan Dzingel, Ryan Spooner, and Jordan Martinook.

With the good comes the bad, and there were certainly some poor value contracts in the NHL last year. Many of the worst belong to players who were injured or AHL depth players that saw only limited time. With zero points in 13 games with a $1.25MM cap hit, Tampa Bay Lightning winger Erik Condra’s value was not even quantifiable it was so bad, and at the highest salary of any player who went pointless last season. Limited to just 18 games with only four points, another Bolts forward, Ryan Callahan, was one of the worst values due to injury with $1.45MM per point on his $5.8MM cap hit. However, the truly worst contract in the NHL has to belong to a player that player a majority of the season. Sadly for a Detroit fan base that is already feeling pretty down-and-out, that designation belongs to Red Wings defenseman Danny DeKeyser, who began a six-year, $30MM extension by scoring about a third less points for the third season in a row. With 12 points in 82 games at $5MM, DeKeyser’s $416.7K/point is pretty ugly. The Buffalo Sabres struck out twice on the blue line, with both Dmitry Kulikov (five points in 47 games at $4.33MM) and Josh Gorges (six points in 66 games at $3.9MM) coming in at $866.7K/point and $650K/point respectively, though neither is known as a major point producer. The worst forward contract? Andrew Desjardins may not have been relied upon as a full-time player with much ice time last season with the Chicago Blackhawks, but with only one point in 46 games, $800K/point, it’s not difficult to see why he remains an unsigned free agent.

While statistics and analytics in hockey are normally geared toward displaying on-ice production, it is always interesting to look at the game from a business perspective. It is important for teams and fans alike to understand not just the absolute of how a player is producing, but the relative value of that production based on how much money that player is being paid. In a salary cap league, there is nothing more important that production value, and as the game grows the focus will only further tighten on scoring as a function of dollars and the cost per point metric.

Anaheim Ducks| Buffalo Sabres| Carolina Hurricanes| Chicago Blackhawks| Columbus Blue Jackets| Detroit Red Wings| Edmonton Oilers| Florida Panthers| Statistics| Tampa Bay Lightning| Vancouver Canucks Andrew Desjardins| Artemi Panarin| Auston Matthews| Bryan Little| Connor McDavid| Conor Sheary| Danny DeKeyser| David Pastrnak| Derek Ryan| Dmitry Kulikov| Duncan Keith| Erik Condra| Jonathan Marchessault| Jordan Martinook| Josh Gorges| Leon Draisaitl| Patrick Eaves| Patrik Laine| Salary Cap

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Pittsburgh’s Alternative Third-Line Center Options

August 5, 2017 at 12:08 pm CDT | by Zach Leach 5 Comments

While many teams across the NHL still have holes to fill before the puck drops on the 2017-18 season, no vacancy has received more attention than the third-line center slot for the two-time defending champion Pittsburgh Penguins. In fact, we’ve already written about it once before. However, the scenario has changed over the last few weeks, as the new contracts for RFAs Brian Dumoulin and Conor Sheary have left the Pens with just over $3MM in salary cap space. Jason Mackey of the Pittsburgh Post Gazette recently spoke with GM Jim Rutherford, who essentially stated that he does not plan to move out significant salary in a deal to acquire a new bottom-six center. What that means is that the Penguins are left with a much smaller margin to work with to acquire Nick Bonino’s replacement.

So who will it be? Who it won’t be is easier to say. The pipe dreams of Colorado’s Matt Duchene or Carolina’s Jordan Staal are now all but over, as are more reasonable targets like Toronto’s Tyler Bozak or Dallas’ Radek Faksa now seem out of reach as well. The Vegas Golden Knights have not shown any indication that they are interested in moving forwards, so strike their group of suitable centers off the list as well. With each passing day, it seems a Matt Cullen return grows less and less likely as well.

What the Penguins are left with are a group of guys who fit their needs well: young, two-way centers on affordable contracts. The most common name bandied about is Detroit Red Wings forward Riley Sheahan. Sheahan struggled mightily in 2016-17 and is relatively expensive compared to some other available names at $2.075MM this season. However, Detroit desperately needs to shed salary and may have reached the end of the line with Sheahan. It could be a good match, with Sheahan very likely bouncing back on a far more talented Penguins team. Pittsburgh’s top target may be Arizona’s Jordan Martinook, who just resigned with the team, but is part of a Coyotes forward corps that is crowded with young talent. Martinook is an underrated two-way player and would fit in nicely with the Pens, but Arizona may not be keen to move him in a deal that Rutherford stated would not included salary players. The Coyotes have had their fill of picks and prospects and might be on the lookout for only veteran contributors at this point. The Penguins could turn to the Los Angeles Kings, who have great depth at center including Nick Shore and Nic Dowd. Both would fit the need nicely in Pittsburgh and come in at under $1MM. The 25-year-old Shore would be especially nice, as the team can retain RFA rights over him beyond 2017-18, but Dowd may be easier to acquire from a Kings squad that is not any closer to returning to the playoffs. One final option, staying out west, could be San Jose Sharks center Chris Tierney. It is rumored that the two sides are on rocky grounds, with Tierney signing just a one-year extension this summer, and could be looking for a trade. Tierney has proven to be a solid defensive force in the San Jose bottom six and could play the same role in Pittsburgh. The Sharks have done nothing this off-season and could see replacing Tierney with a Penguins forward prospect as at least some kind of roster shakeup.

Obviously, the available names are not of the sexy variety. The Penguins have been spoiled with center depth through their Stanley Cup years and fans are surely hoping they can find another Staal or Bonino. However, with little cap space to play with and a reluctance to change the current roster any further, this is what Rutherford is left with. Any of these guys could be a valuable piece on another strong Penguins team, as each plays a solid two-way game, but none are gonna be the big-name acquisition that many expected. Pittsburgh will be back in the Cup race again next year even if they do nothing at all and stick someone from Wilkes-Barre/Scranton at third-line center, so maybe the better question is not who will play there, but why does everyone care so much?

Detroit Red Wings| Jim Rutherford| Los Angeles Kings| Pittsburgh Penguins| Prospects| San Jose Sharks| Utah Mammoth| Vegas Golden Knights Brian Dumoulin| Chris Tierney| Conor Sheary| Jordan Martinook| Jordan Staal| Matt Cullen| Matt Duchene| Nick Bonino| Nick Shore| Salary Cap

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Montreal’s Challenges In Utilizing Their Remaining Cap Space

July 29, 2017 at 3:40 pm CDT | by Brian La Rose Leave a Comment

Defenseman Andrei Markov’s departure from Montreal caught many by surprise, particularly since the team had more than enough cap space to bring him back; even after bringing in Mark Streit, the team has more than $8MM to work with per CapFriendly.  While the expectation is that GM Marc Bergevin will look to add a big-ticket player now through the trade market or free agency, that’s something that may be easier said than done.

For starters, Markov was arguably the most prominent player left on the open market.  There’s a case to be made that there aren’t any top-four blueliners left in free agency so replacing him that way isn’t going to happen.  The Canadiens also need help down the middle but the top unsigned UFAs are players that are pondering retirement at this time in Mike Fisher and Matt Cullen.  There are wingers who can still help plenty of teams including Montreal that remain available but that’s one area where their depth is fairly strong.

[Related: Montreal’s Depth Chart at Roster Resource]

As a result, going the trade route seems to be the likeliest way to go.  However, there are some restrictions there as well.  First off, their best trade chip in defenseman Mikhail Sergachev was already dealt to Tampa Bay as part of the Jonathan Drouin deal.  He was the one youngster who could be the centerpiece of a trade for an impact player so it’s fair to question whether they have the prospect capital to land that big piece via trade.

Montreal’s financial situation beyond this season also is worth noting.  For 2018-19, they already have nearly $58MM committed to just 15 players.  While center Tomas Plekanec ($6MM) is a significant expiring contract, most of his salary is already earmarked to cover Carey Price’s new deal which kicks in then.  Fast forward one more year and the commitment stands at over $48MM to just nine players (with captain Max Pacioretty among those slated to become unrestricted free agents in the summer of 2019).  Accordingly, it’s fair to speculate that Bergevin may not want to add another high salary that’s signed beyond next season, especially with the expectation that the salary cap is going to continue to flatten out.

There aren’t many teams in dire cap straits either that they could potentially look to exploit.  Three are currently pegged to be over (Toronto, Chicago, and Detroit) but they all have players eligible for long-term injury reserve that will mitigate the need to dump a sizable salary.  Washington’s in a tight spot as well but they can work around that by filling out the roster with near-minimum salary players instead of necessarily moving someone more prominent out.

All of a sudden, while the Canadiens have plenty of room to work with, the options don’t seem quite as plentiful.  Free agency isn’t likely to provide much help while if they want to add an impact player, they may not want to look at players on longer-term deals unless they’re sending at least some salary the other way so while the money is there, there are also some challenges they have to deal with when they go to spend it.

One way or the other though, it’s highly unlikely that Montreal enters 2017-18 with $8MM in cap room which makes them a team to watch for the rest of the offseason.

Montreal Canadiens Salary Cap

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Blackhawks Notes: Sharp, Saad, DeBrincat

July 21, 2017 at 5:54 pm CDT | by natebrown Leave a Comment

The Chicago Sun-Times’ Mark Lazerus (along with various Chicago media) tweeted quite a bit from the beginning of the Blackhawks Fan Convention as players and personnel were available to the media. It was a reunion of sorts as two former players returned to field questions. Patrick Sharp returns to the place where he saw much success, saying that he had some of his “best years” playing for Joel Quenneville in Chicago. Lazerus tweets that Quenneville could use Sharp with Jonathan Toews, and to expect the veteran winger to see top six minutes, which may not thrill some fans.  Brandon Saad confirmed that he would be on a line with Toews, which was the belief of many after Stan Bowman swung a deal to re-acquire the forward. The Athletic’s Scott Powers tweeted video of different interviews which included Quenneville, Patrick Kane talking about the Panarin trade, and Sharp’s return to Chicago.

  • Several hockey analysts are “tapping the brakes” when declaring Blackhawks prospect Alex DeBrincat as the next big thing. The Hockey News’ Jared Clinton and Chicago SportsNet’s Tracey Myers both covered this, with Clinton adding onto Myers’ analysis.  First, the salary cap limits who the Hawks can add to the roster, and the only player as of now who can shuffle to the AHL without passing through waivers is Nick Schmaltz. Should Marian Hossa go onto the LTIR, more than enough money would be available for many in Rockford to go onto the roster. Second, head coach Joel Quenneville isn’t exactly one to hand out ice time to kids. Clinton notes that DeBrincat is only 19, and the only players under 21 to see significant ice time during Quenneville’s tenure were Kane and Toews. Of course, Clinton notes, Toews was the captain and Kane was a budding superstar. Further, Clinton writes that Schmaltz, considered one of Chicago’s best prospects, struggled to stay in the lineup last season, showing that cracking the NHL lineup and then staying on it is far more difficult than it appears. Realistically, Clinton believes that the Hawks have the luxury to “over-season” players and allow them time to grow into a role–something that DeBrincat may very well do.

AHL| Chicago Blackhawks| Joel Quenneville| Players| Prospects| Waivers Brandon Saad| Jonathan Toews| Marian Hossa| Nick Schmaltz| Patrick Kane| Patrick Sharp| Salary Cap

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Friedman’s Latest: McDavid, Duchene, Kuznetsov

July 13, 2017 at 12:15 pm CDT | by Gavin Lee Leave a Comment

In his final “30 Thoughts” column for the summer, the venerable Elliotte Friedman of Sportsnet left us with some interesting tidbits from around the league. First off, he launches into a long explanation of how Connor McDavid’s eight-year, $100MM contract will affect the rest of the league. It’s clear that the shockwaves of the deal will make future deals with stars like Erik Karlsson, Auston Matthews and Jack Eichel even more expensive, but by just how much is still yet to be seen.

Friedman confirms a report that McDavid himself was the one who went after less money after an original verbal agreement put his deal at $13.25MM per season, saying he felt “skittish about the reaction to the original number” before settling on $12.5MM. Though that $750K per season won’t have a huge effect on the Edmonton Oilers salary cap, it’s a substantial amount ($6MM over the course of the contract) to leave on the table. It will be interesting to see if other superstars will be willing to take a similar cut.

  • Matt Duchene is still on the market, but Friedman is clear that it’s now possible he starts the year in Colorado. That would be an unsatisfying ending to a saga that has been burning on the hot stove for months now, with seemingly half the league connected at one point or another to the Avalanche center. While obviously Duchene doesn’t lose all his value the day the season opens, the Avalanche do need to be careful here. Though he has two years left on his deal, a serious injury or another disappointing season could drastically lower his value and leave them trying to find any deal available before losing him in the summer or 2019. Duchene scored just 41 points last season, and Colorado looks like one of the worst teams in the league once again.
  • Evgeny Kuznetsov was locked into a huge contract by the Washington Capitals, and part of it is because of the real threat the KHL posed. Even without the attraction of playing for Russia at the Olympics, Friedman writes that there were rumors of a $10MM per season contract for Kuznetsov a huge number to turn down. Losing Kuznetsov in a year when Kevin Shattenkirk, Karl Alzner, Justin Williams and Nate Schmidt have all found new homes would have been one of the hardest offseasons imaginable for the Capitals.

Colorado Avalanche| Edmonton Oilers| KHL| Olympics| Washington Capitals Connor McDavid| Elliotte Friedman| Evgeny Kuznetsov| Matt Duchene| Salary Cap

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Snapshots: Maple Leafs, Gonchar, Canucks

July 12, 2017 at 12:41 pm CDT | by Gavin Lee 1 Comment

The Toronto Maple Leafs have been the subject of much confusion this summer, as the team works under the confines of the salary cap despite two huge contracts for players that won’t play this season. Joffrey Lupul and Nathan Horton and their $10.55MM combined cap hit are destined to sit out the season with long-term injuries, but many believed that the Maple Leafs had work to do to be cap compliant before the season began.

As James Mirtle of The Athletic explains, and GM Lou Lamoriello confirmed to reporters including Kristen Shilton of TSN today, the team is using off-season LTIR for at least one of those players in order to remain under the cap. That means Toronto’s cap ceiling is increased, leaving room for a new Connor Brown contract at some point this summer.

  • The Pittsburgh Penguins have added another former player to their coaching staff full-time, bringing Sergei Gonchar in as an assistant. Gonchar had already been working as a part-time development coach for the club, but will join Mark Recchi and Jacques Martin as assistants next year. Even after losing Rick Tocchet to the Arizona Coyotes, the Penguins have an extremely experienced staff that should be able to fill the roles quite well. Gonchar, 43, is only a few years removed from an outstanding playing career that saw him suit up for over 1300 games.
  • The Vancouver Canucks will have a new ECHL affiliate this season, inking a one-year deal with the Kalamazoo Wings. The Canucks had been affiliated with them before, though the last two seasons the K-Wings have been tied to the Columbus Blue Jackets and Tampa Bay Lightning. They’ll house some distant prospects for the Canucks next season, and try to get back to the playoffs for the fifth straight season.

ECHL| Lou Lamoriello| Pittsburgh Penguins| Snapshots| Toronto Maple Leafs| Vancouver Canucks Salary Cap

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Connor McDavid Signs Eight-Year, $100MM Extension

July 5, 2017 at 2:06 pm CDT | by Gavin Lee 4 Comments

Number 97 will be in Edmonton for quite some time. The Oilers announced today at a press conference an eight-year, $100MM extension for the reigning Hart Trophy winner, keeping Connor McDavid in Edmonton until the summer of 2026. The extension, which kicks in for the 2018-19 season and carries a $12.5MM cap hit, will make McDavid the highest paid player in the league. $86MM of the deal will be paid out in signing bonuses, making the deal essentially lockout-proof."<strong

While the contract isn’t the biggest in the league in terms of total dollars—that goes to Alex Ovechkin and his 13-year, $124MM deal—it is still a huge number for a player who won’t turn 21 until January of next year. Eight years is the maximum a player is allowed to be signed to under the new CBA, and $15MM would have represented the maximum dollar amount he could have received. Teams are not allowed to have an average annual value (AAV) surpass 20% of that year’s cap ($75MM). Had they waited to sign the contract until next season, any increase in the salary cap would have also changed the maximum a player is allowed to earn.

With a new deal on the books, the Oilers will turn their attention to Leon Draisaitl’s next contract which must be resolved this summer. The second superstar on the club, Draisaitl is coming off a 77-point season and could easily get a contract that pushes their combined cap hit over $20MM. That’s a hefty price to pay, but not all that different than the scenarios in Chicago and Pittsburgh, where Jonathan Toews and Patrick Kane earn $21MM per season, while Sidney Crosby and Evgeni Malkin combine for $18.3MM.

That big number locked up into two players is hard to work with, but not impossible. As Elliotte Friedman of Sportsnet wrote when the deal was first reported:

You can win with two huge deals. I will bet on McDavid and Draisaitl being the right players. Growth is the key. If the cap rises, Edmonton rises with it.

While a raising cap is not guaranteed by any means, the Oilers couldn’t afford to sign McDavid to anything less or shorter and risk that he’d hit free agency earlier. This deal will buy out four UFA seasons from age 25-28, years which likely would have earned him a max contract if his career continues the way it has so far. In two years, McDavid has recorded 148 points in 127 games, won the Art Ross, Hart, and Ted Lindsay trophies and led the Oilers back to the playoffs for the first time in more than a decade.

With one year left on his entry-level deal, the Oilers are hoping to compete for the Stanley Cup once again before both contracts kick in, but have already started to feel the pinch. They dealt Jordan Eberle to the New York Islanders, and bought out Benoit Pouliot to clear some room. That kind of thing will continue, but with McDavid leading the way they’ll always be a dangerous team to play.

This deal will have ramifications across the league, with players like Auston Matthews and Jack Eichel surely taking note of it’s length and salary. Though it’s unlikely any of the other young players in the league will match McDavid’s impact in his first few years, it will certainly be a mark for those who come anywhere close. It’s certainly not inconceivable for Matthews in particular to have more points through his first two years, after McDavid lost half his rookie year to injury.

Photo courtesy of USA Today Sports Images

Edmonton Oilers| Newsstand| Transactions Connor McDavid| Salary Cap

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Evening Notes: Blackhawks, Flyers, Palmquist

July 3, 2017 at 8:45 pm CDT | by Seth Lawrence 1 Comment

The Minnesota Wild have locked up 26 year-old defenseman Zach Palmquist to a one-year, two way contract, per Renaud Lavoie. The NHL value of the contract is $725,000. Palmquist has not yet played an NHL game, but played in 72 games for the AHL affiliate Iowa Wild last season. Palmquist is a low-scoring two-way defender, but at barely 6 foot tall, relies more on his skating and stick-checking to find success. He has a decent, accurate pass but cannot be relied upon for consistent offensive production. Still, he was trapped in a gigantic logjam with the glut of defensemen in the Minnesota system. Perhaps he finally gets his cup of tea as a bottom-pairing defender in 2017-18.

  • Mark Lazarus of the Chicago Sun-Times contemplates the effect the Chicago overhaul will have on on-ice performance next season. He’s quick to point out that the 2016-17 Blackhawks had the second-best record in franchise history, which is quite storied. That said, it seems unlikely that the Hawks will be able to replicate that regular season success with such incredible turnover. Lazarus may be a little premature in his worry about post-season contention or management firings, but GM Stan Bowman and coach Joel Quenneville will undoubtedly start feeling heat if the season starts off on a sour note. Losing Artemi Panarin and Niklas Hjalmarsson in particular have drawn ire from the fanbase, and it will be interesting to see how much faith ownership maintains if Chicago struggles early in the incredibly deep Central division. Although many of the moves were made out of salary cap necessity, the expectation is to win.
  • The Flyers never do seem to fully alleviate their goaltending troubles. Bob Ford of the Philadelphia Inquirer is quick to point out that free-agent acquisition Brian Elliott is not the answer to all their woes in between the pipes. He points out with particular concern the unlikelihood of Michal Neuvirth playing a full 40+ game split, which he hasn’t done outside of one season. Ford also attacks the tandem goaltending model, stating that it rarely finds success – though that is certainly a matter of debate. Elliott himself had his best season of his career for the 2011-12 Blues in a tandem with Jaroslav Halak. Ultimately, the franchise seems to be pinning its long-term hopes on either Carter Hart,18  or Felix Sandstrom, 20 – but neither is a sure thing. GM Ron Hextall is still not sold on Anthony Stolarz (even after protecting him in the expansion draft) and will watch his progress closely next season with the AHL Phantoms in Lehigh Valley.

AHL| Chicago Blackhawks| Expansion| Joel Quenneville| Minnesota Wild| NHL| Philadelphia Flyers| Ron Hextall| St. Louis Blues| Stan Bowman Anthony Stolarz| Artemi Panarin| Brian Elliott| Jaroslav Halak| Michal Neuvirth| Niklas Hjalmarsson| Salary Cap

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Washington Capitals Didn’t “Really Consider” Brooks Orpik Buyout

July 3, 2017 at 1:56 pm CDT | by Gavin Lee 7 Comments

The Washington Capitals have had an interesting offseason to say the least. Since being knocked out the playoffs by the Pittsburgh Penguins once again, they’ve lost Nate Schmidt to Vegas, Karl Alzner, Kevin Shattenkirk and Justin Williams to free agency, re-signed T.J. Oshie and Evgeny Kuznetsov to monstrous eight-year deals, and traded Marcus Johansson for a couple of draft picks.

Even now they remain in a tough spot cap-wise, with just $8.6MM in room and two key RFAs still to sign. Through all of this, fans have been thinking, writing and even shouting about a move that seemed clear to them: buy out Brooks Orpik. Brooks Orpik

The 36-year old Orpik has two years remaining on his current contract with a $5.5MM cap hit, though the actual salary does go down a bit in year two. That deal looked bad from the start when he signed it in 2014, and even worse last year as he dropped to the third pairing and had little impact in the playoffs. His ice time was the lowest it had been in nearly a decade, and it was clear he wasn’t able to contribute the same way anymore.

So why not buy him out? Well, thanks to Greg Wyshynski of Puck Daddy who asked the question and transcribed the answer during a conference call with GM Brian MacLellan earlier today we have the answer:

I don’t know what we really considered that. I thought Orpik had a good year last year. I thought him and [Nate] Schmidt played well together on our third pair. We value what he brings to young defensemen. He was very good for Schmidt, and Schmidt was good for Orpik. We have a bunch of young defensemen that are coming up: 10 or 12 guys that are under 22. They’re all pretty good players. We’re going to value the ability of Orpik to mentor those guys. 

So I didn’t want a buy out on our salary cap going out four years. I didn’t think it made sense for us.

The four years he is referencing is how long the Capitals would’ve been paying out a potential buyout for Orpik. Instead of his $5.5MM hit the next two seasons, a buyout would have cause a $2.5MM cap hit the next two seasons, and a $1.5MM hit the two after that. That does give them savings now, but perhaps not enough to keep Johansson anyway. The now-Devils forward earns $4.6MM the next two seasons.

So it doesn’t look like Orpik is going anywhere, even if the Capitals do get another buyout window later in the summer after finishing their potential arbitration cases. His role on the team will continue to be shepherding in the young defensemen, and teaching them how to work hard enough to stay in the NHL. After all, who wouldn’t look up to a 36-year old defenseman who earned himself a huge contract without much offensive upside. He’s proof that a solid defensive game can keep you around in the NHL, something that every young defenseman needs to learn.

Washington Capitals Brooks Orpik| Salary Cap

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