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Waivers: 10/07/22

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It’s an important day for waivers as the regular season approaches, and several potential targets are available. With the preseason wrapping up, teams will try to sneak players through at the last second and keep them in the organization for the time being.

Many of these placements are due to salary cap restrictions or LTIR machinations to give teams maximum flexibility as the season begins. Everyone from yesterday’s list cleared.

Here is today’s group of waiver additions:

Carolina Hurricanes

Jordan Martinook

Dallas Stars

Anton Khudobin

Edmonton Oilers

Mattias Janmark
Dmitri Samorukov

Minnesota Wild

Steven Fogarty

New Jersey Devils

Andreas Johnsson
Brian Pinho

Philadelphia Flyers

Kevin Connauton
Troy Grosenick

St. Louis Blues

Martin Frk
Klim Kostin
Matthew Highmore

Vancouver Canucks

Justin Dowling

Winnipeg Jets

Johnathan Kovacevic

Snapshots: Ferland, Coyotes Injuries, Maple Leafs, Brassard

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There’s really no way around it: expectations are high for the Vancouver Canucks this season. After a slow start to the 2021-22 season, the team fired head coach Travis Green and replaced him with Bruce Boudreau and proceeded to go on a sensational run that took them from the NHL’s basement to the fringes of a playoff spot. This offseason, the organization made moves to build upon the core they had and solidify it in the long-term, adding forwards Andrei Kuzmenko and Ilya Mikheyev, then extending J.T. Miller. After all is said and done, the team finds itself $2.75MM over the salary cap ceiling. However, that is without factoring in injured forward Michael Ferland, who holds a $3.5MM cap hit for this season. While the team could utilize LTIR for Ferland and be alright, Frank Seravalli of The Daily Faceoff says Vancouver prefers not to go that route.

Instead, Seravalli says, the Canucks are actively looking to move Ferland’s contract. The reason for doing so is two-fold: one, Vancouver would prefer not to operate in LTIR, and two, because Ferland is injured, the insurance on the contract will not kick-in and whatever team has Ferland will have to pay the entirety of the $2.75MM in salary remaining on his deal. Though there are some teams that would actually benefit from taking on Ferland’s contract for salary cap purposes, similar to the Vegas Golden Knights acquiring Shea Weber this summer, Seravalli says the $2.75MM of real money owed is likely acting as a barrier to getting a deal done and would force the Canucks to give something up to move Ferland. The 30-year-old wing signed a four-year, $14MM deal with the Canucks during the 2019 offseason, but has managed to play just 14 games in that span, all coming in the first half of the 2019-20 season.

  • The Arizona Coyotes received some relatively good news today on the injury front, as forwards Nick Schmaltz and Ben McCartney, as well as defenseman Cam Dineen have all been listed as day-to-day with lower body injuries says PHNX Sports’ Craig Morgan. No team wants any of it’s players to be injured, however having all three be limited to just day-to-day status is a positive sign. The Coyotes play their next preseason game Tuesday in Vegas, and it’s unclear as of yet whether any of the three will be able to participate. For Schmaltz, who has a prominent roster spot secured, missing tomorrow night’s action wouldn’t be a major setback, but for Dineen and McCartney, who are both battling for roles in the organization, a missed opportunity in the preseason is far from ideal.
  • Speaking of injuries, after the Toronto Maple Leafs found out that depth defensemen Jordie Benn and Carl Dahlstrom would miss time, the former set to miss three weeks an the latter set to miss six months, the team was rumored to be in contact with several defensemen who were in NHL camps on PTO’s. Thus far, that has not come to fruition and in the past few days, several defenseman on PTO’s, including Nathan Beaulieu, Calvin de Haan, and Scott Harrington, signed with the teams they were trying out with. On today’s 32 Thoughts Podcast featuring Sportsnet’s Elliotte Friedman and Jeff Marek, Friedman cleared the air on these rumors, believing that the Maple Leafs had not been in on any of these defensemen, as the team would also like to sign forward Zach Aston-Reese, who is in camp with Toronto on a PTO.. Still, Friedman adds that the team could instead try to move one of its depth forwards out in exchange for a defenseman who is either waiver exempt or has already cleared. Right now, Toronto sits just below $2.9MM over the salary cap ceiling after re-signing defenseman Rasmus Sandin.
  • If Derick Brassard can catch on with the Ottawa Senators this season, it will mark his eighth different team since Ottawa dealt him to the Pittsburgh Penguins mid-way through the 2017-18 season. Once a dynamic offensive threat in the top-six group of the Columbus Blue Jackets, New York Rangers, and the Senators, Brassard has become a veteran journeyman capable of playing whatever role his team needs, anywhere in the lineup. Earlier today on TSN 1200 in Ottawa, Brassard mentioned that he would like to try to play a similar role to the one Jason Spezza played with the Maple Leafs the past few seasons, one which was to be deployed in a myriad of different situations as his team saw fit. The Hull, Quebec native added that when the offseason began, his primary focus was on joining the Ottawa Senators and hadn’t thought much about other options. Brassard has of course been playing that role for a few seasons now, but being able to do so with a team so close to home as they turn the corner from rebuilder to contender, just as Spezza did, seems like a no-brainer if he can secure the opportunity.

Looking For A Partner In An Anton Khudobin Trade

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It’s not much of a secret that the Dallas Stars would be interested in moving Anton Khudobin. That desire isn’t for a lack of liking the player or appreciating the tremendous run he went on over the COVID-shortened 2019-20 and 2020-21 seasons, as well as a trip to the Stanley Cup Final in the 2020 bubble. Instead, the team has just over $7MM left in salary cap space and still needs to re-sign breakout superstar winger Jason Robertson. The remaining $7MM could, technically, be enough to sign Robertson, but clearing some, or ideally all, of Khudobins”s $3.33M cap hit would make it not only much easier to re-sign the forward, but could allow Dallas to negotiate it’s way into a max-term deal.

The problem for Dallas is that trading Khudobin is easier said than done. For one, finding a team that is interested in a goaltender who’s dealt with injuries for much of the last year who is owed a $3.75MM salary (and $3.33MM cap hit) would be difficult. Second, even if a match is found, it’s clear this would be a cap-dump and Dallas is already in a tough position with Robertson still not in camp. If Dallas wants to make that deal, they’ll have to pay the market price to do so, but before going that far, let’s take a look at their options and who Dallas could turn to.

Bury The Contract

If the Stars are unwilling to pay the price to move Khudobin, or if they genuinely cannot find a suitor, one option would be burying Khudobin’s contract in the minors. Under the terms of the current CBA, teams can bury a player and their cap hit in the minor leagues and recoup $1.125MM against the salary cap. By doing this, Dallas would give itself $8.21MM in cap space with which to re-sign Robertson. That figure might be just enough to get a deal done with Robertson, but with little coming out of the Dallas or Robertson camps when it comes to any specific figures and considering the recent contracts given to Jack Hughes, Tim Stutzle, Joshua Norris, Robert Thomas, and Jordan Kyrou, it’s not hard to believe that $8MM AAV, whether on a long or short-term deal, is only the starting point in these negotiations.

Potential Need:

Philadelphia Flyers: When talking about teams who could take on a salary-cap trade, generally the obvious rebuilding clubs with plenty of space come to mind, and that’s no exception for Khudobin. However, some would argue the Flyers aren’t in that same position, having not committed to the rebuild and without a ton of cap space. Right now, the team is just under $2.4MM over the salary cap ceiling. But, factoring in the expected LTIR stints of forward Sean Couturier and defenseman Ryan Ellis, they will be left with a little over $11.6MM available.

In net, the Flyers will rely on young netminder Carter Hart to make a bulk of the starts and an apparent backup slotted in with Felix Sandstrom. However, with Sandstrom suffering an injury in yesterday’s game against the Boston Bruins, the organization may find itself in need of another goaltender beyond Troy Grosenick and Samuel Ersson. More impactful though, would be the ability to have Sandstrom continue his development by making the bulk of starts in the AHL and allowing Khudobin to backup Hart.

Minnesota Wild: Another peculiar team on this list, the Wild made their way into this offseason with a goaltending glut and cap issues of their own, issues which necessitated the trade of star winger Kevin Fiala and goaltender Cam Talbot. But, now, they could be a fit for a Khudobin trade. Today, the Wild have roughly $5.74MM in cap space, enough to acquire Khudobin outright. The team projects to start the legendary Marc-Andre Fleury in net, backstopped by a young Filip Gustavsson. The younger goaltender has 27 games of NHL experience under his belt, but has struggled to an extent in that time. Should the Wild want to see him continue his development in the AHL and have a veteran backstop for Fleury, taking on Khudobin might make sense. Still, the Wild had to make tough sacrifices to be cap compliant, namely Fiala, so relying on Gustavsson and looking to use their cap room to address other needs could be the more prudent option.

Cap Room To Give:

More than a few teams have the room to take on Khudobin’s contract; in fact, Robertson aside, the Stars are one of them. But, there are only a handful that not only have the room, but are in the position to do so.

Chicago Blackhawks: With $7.54MM in available cap space, the Blackhawks could afford to take on Khudobin’s contract with ease. An issue with doing so for Chicago is, given their rebuild and desire to stockpile draft picks, they will likely want to make as many cap-trades of this nature as possible. Acquiring Khudobin would bring them to just over $4.2MM in available cap space, making trades of this nature a bit more difficult, at least for this season. Moving one or both of Jonathan Toews and Patrick Kane would free up some space, but the team will likely be expected to retain significant portions of their salary.

Anaheim Ducks: Clocking in with $15.75MM in available cap space, acquiring Khudobin would be no issue for Anaheim. But, this Ducks team, unlike the Blackhawks above, is no longer in the depths of their rebuild. Making a trade of this sort is still possible, but considering where the Ducks stand, holding on to as much of their cap space as they can to see if they may wish to buy at this year’s trade deadline might make the most sense. If the team finds it’s not in that position yet, they can still utilize their cap space to aid other teams (for a price) at that time. Also at issue is the team’s goaltending situation as it stands now. Of course, John Gibson is not going anywhere, and behind him, Anthony Stolarz has proven to be an incredibly sound backup. Anaheim could bury Khudobin in the AHL, but would presumably like to give the overwhelming majority of the playing time there to promising young netminder Lukas Dostal, as well as Olle Eriksson Ek.

Buffalo Sabres: Like the Ducks, the Sabres are looking to turn a corner this year and take the next step, whether that’s a playoff spot or at least putting up a fight for one. That wouldn’t necessarily mean they aren’t interested in utilizing their league-best $20.54MM in cap space to their benefit, however it might not be top of mind. In addition to that, Buffalo has an even more crowded net than Anaheim. The team projects to rely on veterans Craig Anderson and Eric Comrie in net after waiving Malcolm Subban earlier today. Even if Subban were to be claimed, the development of Ukko-Pekka Luukkonen in the AHL is of great importance to Buffalo.

The Arizona Coyotes:

Given that the Coyotes are in a full rebuild and set to play at least the next two seasons at Arizona State’s Mullett Arena, their $19.47MM in cap space, and their well-documented desire for goaltending, a deal sending Khudobin to Arizona seems obvious. Coyotes GM Bill Armstrong has made clear this offseason he would continue to monitor the goaltending market, whether that be in free agency, the waiver wire, or via trade. Arizona has acted on it thus far, signing Jon Gillies, offering a PTO to Christopher Gibson (who has since been released), and most recently claiming Jonas Johansson off of waivers. Even after claiming Johansson, Armstrong reiterated his commitment to monitoring the goaltending market.

As of today, Arizona currently has Karel Vejmelka, Ivan Prosvetov, Johansson, and Gillies all under contract and with NHL experience. Adding Khudobin into the fold would make an already crowded situation more so, but would give the Coyotes a veteran netminder who could serve to mentor their less experienced ones. Worth noting as well, the Coyotes have been in this situation more than a couple of times and know what they can get in exchange for their cap help. Most recently, they acquired second and third round draft picks and swapped the 32nd overall pick in 2022 for the 29th overall pick to take on the contract of forward Zack Kassian from the Edmonton Oilers. What the price for Khudobin would be is unclear, but this sort of trade has paid dividends for the Coyotes before.

Snapshots: Bruins Injuries, Carcone, Caggiula, Sharks Front Office

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This afternoon saw a preseason rivalry contest with the Boston Bruins playing host to the Philadelphia Flyers. For the most part, things went the Bruins’ way, as they defeated the Flyers 4-0 with young forwards John Beecher and Marc McLaughlin each netting a pair of goals. Despite the promising performance, the team did have a couple of injury scares when both Fabian Lysell and Taylor Hall were forced to leave the game with injuries.

However, it looks like Boston avoided the worst with these injuries. In speaking to the media, including The Athletic’s Fluto Shinzawa, Bruins head coach Jim Montgomery said both players only have minor injuries. Jimmy Murphy of Boston Hockey Now adds that both will be out only one or two days. Injuries are never good news, but for a Boston team trying to compete despite a myriad of long-term injuries already on the books, missing a dynamic forward like Hall and a top prospect trying to make the team like Lysell for only a few days is certainly a relief.

  • The Arizona Coyotes announced they have recalled forward Michael Carcone from the Tucson Roadrunners of the AHL. Carcone, who is entering the second year of a two-year, two-way deal, had only just cleared waivers yesterday. The 26-year-old winger is a veteran of six AHL seasons, and just made his NHL debut last year for Arizona where he contributed four goals and two assists in 21 games. Clearing waivers may not feel like a great sign for a player, however given Arizona’s current state as well as Carcone’s track record of AHL production and his NHL contributions last season, he should still be able to find opportunities going forward.
  • For his career, when healthy, forward Drake Caggiula has proven he can be an impactful depth player for whatever team he’s been on. The key words there, though, are ’when healthy.’ Perhaps the most notable injury of Caggiula’s came last season, when the forward missed the final 64 games of the Buffalo Sabres’ season with a herniated disc in his neck. Recently, Caggiula had a chance to speak with Trib Live’s Seth Rorabaugh about his injury last season, his recovery, and his play this preseason. The forward mentioned that before his surgery in February, not only was he unable to play hockey, but his quality of life was severely impacted. However, after having surgery, relief was immediate and he was able to recover. Now, the 28 year old says he feels fully healthy. That much appears clear now, not just from Caggiula’s own words, but he has impressed in training camp as a member of the Pittsburgh Penguins, who he signed a one-year, two-way contract with this summer. In three intra-squad scrimmages, Caggiula has three goals, in addition to scoring the Penguins’ only goal of the day in today’s 3-1 loss to the Sabres.
  • The San Jose Sharks and GM Mike Grier today announced several new hockey operations hires. Dominik Zrim, Director of Salary Cap Management/CBA Compliance; A.J. Bernstein, Coordinator, Hockey Analytics; Martin Uhnak, European Scout, Czechia, Slovakia, Germany, Switzerland; Cody Ward, Assistant Video Coach; and Brian Ganz, Assistant Strength & Conditioning Coach. Already with the Sharks, but now promoted, is Stephen DiLustro, who was promoted to Director of Strength and Conditioning, who had been working under Mike Potenza in that role. Interestingly, Zrim is one of the co-founders of website CapFriendly, which tracks player transactions and salary, as well as salary cap related topics.

NHL Reportedly Notifying Teams Of “Sharp” Salary Cap Increase

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Per Sportsnet’s Elliotte Friedman, the NHL has been informing and preparing teams for a sharp salary cap increase over the next three seasons. If it holds true, it’s a landmark point financially in the league’s post-COVID operations and continued growth.

According to Friedman’s reporting, the salary cap will still increase its projected $1MM incremental climb in 2023-24, setting next year’s cap at $83.5MM. However, while original projections labelled a big salary cap jump coming in the 2025 offseason, later reporting, now fortified by Friedman’s report, signifies that a notable jump will likely come a year earlier. The 2024-25 salary cap will be reportedly set around the $87.5-$88MM mark, while the 2025-26 salary cap would be set around $92MM.

The roughly $4MM salary cap Upper Limit increase per season is much more in line with the league’s pre-COVID growth, if not more. The cap rose anywhere between $2MM and $4MM per season between 2015-16 and 2019-20, but now with two additional teams bringing in revenue, it makes sense that the figures would climb a bit more dramatically.

The sharper nature of the increase also looks a lot of recently signed long-term extensions look a lot smarter. Take Nathan MacKinnon’s eight-year extension, for example. While his $12.6MM cap hit will be worth roughly 15% of the team’s total cap space in 2023-24, that percentage will drop to around 13.7% in a $92MM-cap world for 2025-26. The percentage will only continue to decrease from that point onward.

Now, extend that $4MM-per-season growth over the life of MacKinnon’s contract. The salary cap would be $112MM in 2030-31, the final year of his deal, where the contract would be worth just 11.25% of the team’s total cap. That’s equivalent to a roughly $9.25MM cap hit in 2022-23.

Suffice it to say, it’s great news for both teams and players if the reported projections indeed hold true.

Snapshots: Dumba, Barabanov, Harpur

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Generally, when thinking of the Minnesota Wild, the first name that comes to mind is Kirill Kaprizov. That’s fair, considering his superstar status, however the team’s defense core, which has been together for several years, is the foundational piece of the team’s current build. Those players include captain Jared Spurgeon, Jonas Brodin, and impending UFA Mathew Dumba. The seventh-overall pick in 2012, Dumba has spent parts of nine seasons in the NHL, all wearing a Wild uniform. But, for much of it, it’s been his name circulating in the rumor mills and that may continue to ring true this year.

The Athletic’s Michael Russo had a chance to talk with Dumba recently, who opened up about the possibility for being traded and his impending free agency, especially as it relates to Minnesota’s difficult salary cap situation. The defenseman made clear he wants to stay and is focused on being the best player and leader he can be, allowing it to work out as it does. Wild GM Bill Guerin, however, didn’t seem as optimistic, reiterating the organization’s difficult cap position, which “makes it hard to do certain things.” Guerin also mentioned that the Wild had not begun to engage Dumba on extension talks yet. Notably, the Wild are set to carry a $12.7MM cap charge against them this season, which increases to $14.7MM over the next two, thanks to their buyouts of Zach Parise and Ryan Suter. Though they technically might be able to afford Dumba, they will have to be smart with the use of their cap, and with the defenseman coming off of a $6MM AAV deal and a pipeline loaded with defensive talent, extending him may not necessarily make the most sense.

  • San Jose Sharks forward Alexander Barabanov is considered day-to-day with a lower-body injury, Sharks coach David Quinn  told the media, including Curtis Pashelka of the Bay Area News Group. Though the injury is not specified, day-to-day status should mean the injury won’t have a lasting impact that would keep the 28-year-old from being ready for opening night. The forward, who had 39 points in 70 games last season, projects to be among a few key sources of offense this year for the Sharks. Not surprisingly given this news, Barabanov is not in the lineup for tonight’s preseason game against the Los Angeles Kings.
  • A scary scene earlier today as defenseman Ben Harpur, who is in camp with the Columbus Blue Jackets on a PTO, was injured in a scrap with Pittsburgh Penguins forward Jamie Devane. After the fight, Harpur appeared injured, but the nature and severity of the injury was unclear. One potentially positive update from Aaron Portzline of The Athletic is that Harpur was able to fly back to Columbus with the team after the game. Given the immediate aftermath, where Harpur laid still on the ice for several moments, seeing he was able to travel with the team is, for now, good news.

Evander Kane, San Jose Sharks Reach Settlement

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11:55 AM: Seravalli has elaborated on the specific nature of the settlement. He reports that Kane will receive a “one-time payment” from San Jose, and as a result, a “cap penalty” will be retroactively applied to last season’s salary cap calculation for the Sharks, who finished last season with just under $5MM in space.

Presumably, the nature of this settlement means the cap implications of the agreement are entirely in the past and will not have an impact on GM Mike Grier’s roster-building decisions moving forward.

11:04 AM: One of the oddities of this NHL offseason was the cloud of a grievance hanging over Evander Kane, the San Jose Sharks, and the Edmonton Oilers. Kane had filed for wrongful termination of his previous contract with the Sharks, while the Oilers had signed him anyway, with the hope that things could be settled and Kane could continue to play in Edmonton.

It appears as though that will be the case, as Kevin Weekes of ESPN reports that a verbal settlement has been reached between the Sharks and Kane. Frank Seravalli of Daily Faceoff expands on the details, explaining that the Sharks are expected to face a salary cap charge because of the settlement, though are mitigating the risk that an arbitration decision could have brought.

When his contract was terminated, Kane had three years and $19MM in salary remaining. His new four-year contract with Edmonton is worth $16.5MM over those same three seasons, leaving a disparity of $2.5MM. Darren Dreger of TSN tweets that the settlement is expected to “come close” to making up that difference, though it is not clear how the cap charge will be applied at this point.

Even if it is just $2.5MM spread over three seasons, it is meaningful. The Sharks currently have less than $250K left under the cap ceiling with a projected 23-man roster, meaning any additional penalties will make things tight for this season. Of course, that is the much-preferred option to having Kane’s entire contract on the books, which would have been possible if he won the grievance and was reinstated.

The Sharks moved on from Kane quite some time ago, stashing him in the minor leagues for the start of last season until they could terminate the contract. He then joined the Oilers on a one-year deal and scored 22 goals and 39 points in 43 games down the stretch. He re-signed with Edmonton and now carries a cap hit of $5.125MM through 2025-26.

Snapshots: League Revenue, Coyotes Arena, Mesar

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As many of the league’s bright young stars convened today at the Lifeguard Arena in Henderson, Nevada for the North American Player Media Tour, NHL Deputy Commissioner Bill Daly had a chance to meet with the media to discuss a wide range of topics relevant to the league. Daly touched on a recent wave of women being hired and promoted into upper-level management roles with NHL teams, the promising overall start to the Seattle Kraken franchise, the youth movement of NHL teams, the Arizona Coyotes arena situation, and the league’s revenue.

There’s been much speculation around the league’s revenue projections and what it could mean for a significant raise to the salary cap ceiling moving forward. Given the agreement between players and team owners to split revenue 50/50, revenue being naturally down due to the impact of COVID-19, and the players need to pay the difference back in escrow, the salary cap has had to remain relatively flat the past few seasons. The expectation has been that the cap will rise by $1MM next offseason before seeing a meaningful increase ahead of the 2024-25 season, with some speculation that it could happen even sooner. Much of that was confirmed by Daly, who reported a league-record in revenue for this past season, the first time its surpassed $5BN. With the unprecedented revenue last season, one which was still impacted by COVID-19, Daly said that if they see the same kind of excess revenue this season, the timeline for a significant cap increase could come sooner than expected. Ultimately, Daly still believes that based on their current projections for 2022-23, that increase may have to wait another year.

  • Also from Daly’s availability, the Deputy Commissioner was optimistic about the state of the Arizona Coyotes and their short and long-term arena plans. Daly cited the Tempe City Council’s approval of their proposed arena plan in the city, which does still need further approval, as a positive. He also referenced the positive impact playing in an arena of that size could have on the players, expecting it to be filled nightly, thus enhancing the atmosphere, as well as the relative success of this strategy with the NFL’s Los Angeles Chargers and their brief stint in an MLS stadium while their current stadium was being built. Finally, when asked about the duration the team might have to spend playing at Arizona State University, Daly said the worst case scenario appears to be three years, while the best case would be two. No matter which way you frame it, this situation is surely difficult and awkward for the team and the league, however seeing the silver linings laid out does give the team some hope as it rebuilds not only on the ice, but off of it too. Final approval on a new arena plan and setting it into motion would be the best possible outcome for the organization, and when it happens, it could certainly have major, immediate impacts on the team and fanbase.
  • As prospect games got underway today, including one contest between the Buffalo Sabres and Montreal Canadiens featuring prospect Filip Mesar, The Athletic’s Arpon Basu provided an update on Montreal’s plans for Mesar for the upcoming season. Basu reports the team isn’t sure if they would like Mesar to play with the Laval Rocket, their AHL affiliate, or with the Kitchener Rangers of the OHL, who hold Mesar’s rights. However, it appears clear Mesar will not be returning Europe for the upcoming season. The 26th overall selection from this year’s NHL draft, Mesar played the last two years for Poprad in his native Slovakia, recording 30 points in 73 games over the two campaigns. The decision not to keep Mesar in Europe makes sense, given the need to help him adjust to North American ice and its style of hockey. Deciding between the AHL and OHL could be tough, as the OHL won’t give Mesar opportunities to play against older and more experienced competition, but will give him experience as a top of the lineup player, like Montreal hopes he will be. The AHL will give Mesar a taste of what playing in the NHL will be like in some respects, but may be a bit too advanced for him to see the top of the lineup and thrive like he might in Kitchener.

Evening Notes: O’Reilly, Robertson, Anderson

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After losing Alex Pietrangelo to free agency a couple of offseasons ago, having David Perron and Ville Husso leave the same way this offseason, and observing this summer’s Calgary Flames from afar, the St. Louis Blues made it a priority this offseason to sign young stars Robert Thomas and Jordan Kyrou long-term. The organization accomplished that feat on Tuesday by signing Kyrou to an eight-year, $65MM contract which will kick in during the 2023-24 season – two months to the day after Thomas signed an identical deal. Although St. Louis has several key UFAs at season’s end, including Ryan O’Reilly an Vladimir Tarasenko, Sportsnet’s Elliotte Friedman reported on today’s 32 Thoughts podcast that the Blues’ priority was to get their two pending RFAs signed long-term.

Despite their clear focus, Friedman believes St. Louis will take a run at re-signing O’Reilly too, seeing term as the likely sticking point for both sides, O’Reilly turning 32 in February. A comparable contract could be Nazem Kadri, as Sportsnet’s Jeff Marek suggests, given his age and style of play, but as Friedman says, “I don’t know if I can see St. Louis doing that” (Kadri signed for seven years and $49MM). Of course, with their two biggest building blocks signed long-term through their prime years, the Blues have put themselves in a good position, however it’s still worth noting the departure of two key pieces from this year’s team (Perron and Husso) and further departures of O’Reilly or Tarasenko, or both, could put a further dent in the team’s plans for it’s current build.

  • Earlier this week, we discussed Jason Robertson’s contract negotiations, which were said to be speeding up with an open dialogue. Friedman also discussed the potential contract on today’s podcast, opining that a possible eight-year, $64MM contract might not be enough to sign the young forward long-term anymore. Friedman cites to the recent extensions of Kyrou and Tim Stutzle, both for eight-years at $65MM and $66.8MM, respectively, as examples of why Robertson could reasonably reject a long-term offer at an AAV of $8MM. Complicating the matter even more is that, right now, Dallas wouldn’t be able to afford an $8MM cap hit on Robertson anyways, having just over $6.3MM in available salary cap space. In that case, the more likely scenario would be a bridge deal for both sides that would carry Robertson to, or at least closer to, UFA status. If Dallas is intent on signing their RFA long-term, one option to clear cap space, which was suggested a few weeks ago by Dallas Stars Senior Staff Writer Mike Heike, would be to trade goaltender Anton Khudobin, who carries a $3.33MM cap hit.
  • A final note from Friedman today, the Los Angeles Kings may have been interested in trying to sign defenseman Mikey Anderson to a long-term contract extension. As he elaborates, Friedman believes the team had talked to him about what it would take to get a long-term deal done, but just didn’t have the ability to fit it in. The Kings and Anderson will be able to sign another extension beginning on January 1st of next year, and though Friedman didn’t say a long-term signing is going to be announced then and there, he does believe Los Angeles was able to get a sense of what that deal might have to look like and can better handle it in the future. Rumors that the Kings could try to sign Anderson long-term are interesting considering the defenseman signed just a one-year, $1MM contract a few days ago, causing some to wonder that if that was the price on a one-year pact, it couldn’t have been all that much more for four or more years. Though that might be the case, the recent signings of Anderson an fellow defenseman Sean Durzi leave the team with just under $500K in cap room, which would be a tight squeeze if Anderson’s number came in just under $1.5MM per season, but on a long-term deal for a promising young defenseman, that number may well have been higher.

Nicolas Hague, Vegas Golden Knights Not Progressing Towards Contract

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After an offseason where navigating a tricky salary cap situation dominated the headlines for the Vegas Golden Knights, the team is down to their last remaining restricted free agent, and one who we documented earlier today: defenseman Nicolas Hague. Although the organization has done a good job thus far of working within their restraints, they’re left in a bit of a tough spot with their remaining cap and one of their bright young defensemen. At the moment, Vegas sits just around $10.24MM over the upper limit of the NHL’s $82.5MM. salary cap. Somewhat fortunately, they will be able to cancel out around $12.86MM in cap hit by placing defenseman Shea Weber and goaltender Robin Lehner on LTIR, leaving them with $2.64MM in available space. The issue there is whether it will be enough to get Hague signed.

Of concern, it sounds like it may not. As Fox 5 Vegas’s Vince Sapienza reports, things apparently are not progressing between team and player, who apparently have had “very little dialogue since early July.” Sapienza adds that though Hague is in Las Vegas and ready to join the team for the start of training camp on September 21st, he and his representatives are becoming concerned with the lack of communication. Sapienza also notes that if no deal is reached by the start of training camp, Hague is expected not to report and will instead train elsewhere in the interim.

Seeing that the two sides have apparently had very little communication since the early parts of the offseason is absolutely worrisome for those following the Golden Knights. The organization has made its moves to stay below the salary cap and get creative doing so, but those tough decisions, like the one to move Max Pacioretty to the Carolina Hurricanes for merely future considerations, were seemingly meant to allow the team to extend key players like Hague. Should Hague hold out by not attending Golden Knights training camp, that itself wouldn’t be a concern, the practice happening regularly for unsigned RFAs.

If Vegas were to be without Hague into the regular season, they could field a complete roster, having six defenseman signed and on the NHL roster right now (not counting Weber, who won’t play), with several depth options available to close the gaps, but none as good, and experienced, as Hague. Looking closer at the numbers, it wouldn’t be a shock to see Vegas be able to sign Hague for less than the $2.64MM they will have available after utilizing LTIR, but the 23-year-old Kitchener, ON native has shown an ability to play reliable minutes in his own zone with his offensive ability still progressing, so an affordable deal may not be easily found. But, with the possibility of forward Nolan Patrick also landing on LTIR, Vegas could increase its available space to $3.84MM, likely enough to bring back the hulking defenseman.

Last year, Hague had four goals and 10 assists in 52 games while averaging 18:40 per night, and sports a respectable 10 goals and 32 assists in 142 career NHL games. A 2017 second-round pick of the Golden Knights, Hague just finished the final year of his ELC.

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