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Seth Jarvis

Metropolitan Notes: Chytil, Andersen, Jarvis, Erne, Letang

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Rangers center Filip Chytil will not accompany the team on its upcoming four-game road trip, relays Vince Z. Mercogliano of the Rockland/Westchester Journal News.  The 25-year-old suffered an upper-body injury on Thursday versus San Jose with the team declining to provide further specifics.  Chytil, who has missed considerable time with concussions in the past (including the final 72 games of last season), is off to a good start this year for New York, notching four goals and five assists in 15 appearances despite an ATOI of just 13:40, his lowest since his rookie season.  It’s possible that Chytil could be cleared to join the Rangers partway through the trip if the injury winds up being a minor one.

More from the Metro:

  • Hurricanes goaltender Frederik Andersen’s injury is not related to the blood clots that kept him out for a significant chunk of last season, notes Cory Lavalette of the North State Journal (Twitter link). After initially being listed as out week-to-week, he’s now out for considerably longer than that.  Lavalette adds that the team is weighing the possibility of Andersen having surgery although no decision has been made on that front yet.
  • Still with the Hurricanes, the team announced that winger Seth Jarvis has been placed on injured reserve retroactive to November 10th. He has missed the last two games with an upper-body injury and the team hopes he can return to practice next week.  Because of the retroactive placement, he’s eligible to be reactivated as soon as Sunday.  The move creates a roster spot for recently-recalled goaltender Yaniv Perets with the team also quietly recalling Ty Smith late Thursday.
  • The Rangers’ farm team in Hartford has released winger Adam Erne from his PTO, per the AHL’s transactions log. The veteran was previously listed as out week-to-week with a lower-body injury.  Erne had just one assist in ten games with the Wolf Pack prior to getting hurt.  A veteran of 379 career NHL games over parts of eight seasons (including 24 last year in Edmonton), Erne will now try to catch on elsewhere, presumably when he has recovered from the injury.
  • Before tonight’s game between the San Jose Sharks and Pittsburgh Penguins, the latter announced Kris Letang would miss his second straight game due to illness. When healthy this year, Letang has gotten off to one of the worst scoring paces of his career since his early days in Pittsburgh with two goals and six points in 18 games.

Hurricanes Re-Sign Seth Jarvis To Eight-Year Contract

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Earlier this week, a report from The Fourth Period’s David Pagnotta indicated that the Hurricanes and RFA winger Seth Jarvis were nearing an agreement on a long-term contract.  That is indeed the case as the team announced that the two sides have reached an eight-year, $63.2MM contract.  GM Eric Tulsky released the following statement:

Seth is a cornerstone player for our franchise. He took another huge step last season, playing in all situations and displaying the skill and competitive drive that will make him a star in this league in the years to come.

Typically, the AAV of a contract is the total value divided by the number of years which in this case would be $7.9MM.  However, Daily Faceoff’s Frank Seravalli (who first reported the deal) reports that there is a deferred signing bonus payment due July 1st, 2032, a day after the expiration of the agreement.  By doing so, the contract’s AAV will actually check in at $7.5MM.  Chris Johnston of TSN and The Athletic adds (Twitter link) that the deal contains $30MM of signing bonus money, the breakdown of which is not yet known.

The contract will cover the four remaining RFA-eligible seasons plus his first four seasons of UFA eligibility.  It’s only those last four years that will be eligible for trade protection.

The 22-year-old was selected 13th overall by the Hurricanes in 2020.  Jarvis spent his post-draft campaign in the WHL and then made the jump to the NHL at 19.  He put up 17 goals and 23 assists in 68 games in his rookie season and followed that up with 14 goals and 25 helpers in 82 games in his sophomore campaign.

Last season was a breakout performance for Jarvis.  He set career-highs with 33 goals and 34 assists in 81 games while averaging 18:45 per night.  His 67 points were good for second on the team in scoring behind only Sebastian Aho.  Jarvis was also one of Carolina’s top scorers during the postseason as he had five goals and four helpers in 11 contests, putting him third in team scoring.  That certainly gave him some extra bargaining power heading into contract negotiations.

Carolina went into these discussions with roughly $6.44MM in cap space, per PuckPedia so this agreement will put them around $1MM over the Upper Limit.  However, with Jesper Fast expected to miss the entire season after having neck surgery, the Hurricanes will be able to put him on LTIR, getting them back into cap compliance.  They can also opt to carry a roster with fewer than the maximum of 23 players which would allow them to get under the Upper Limit that way and still bank in-season cap room.

Contracts with deferred money are quite rare in the NHL but it’s actually the second time Carolina has used it this offseason.  Seravalli notes in his report about Jarvis’ contract that there is some deferred signing bonus money in Jaccob Slavin’s contract as well, one that moves the AAV from the reported $6.461MM to $6.396MM.  These structures have been approved by the NHL so there won’t be any concerns about this contract getting vetoed.

Johnston noted (Twitter link) that multiple teams attempted to use this structure in talks this summer, including Vegas in their attempts to re-sign Jonathan Marchessault.  With Carolina now successfully doing this twice, it will be interesting to see if it results in an uptick in these types of agreements moving forward.

Photo courtesy of USA Today Sports Images.

Checking In On Notable Remaining Restricted Free Agents

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We are now three weeks away from training camp opening up in the NHL with preseason games coming quickly after. We recently checked in on several free-agent players looking for new homes shortly before preseason action and we’ll now pivot to notable restricted free agents still looking to re-up with their current clubs.

Goalies

One of the most oft-mentioned restricted free agents over the summer has been Jeremy Swayman of the Boston Bruins. Recent reporting indicates that Swayman is not looking for the rumored $10MM a year salary but is looking more in the $8.5MM range. This would be a welcome sign for most teams but not for the Bruins as they are seeking a contract closer to $6MM a year and that gap is not close to getting bridged. They may come together soon and agree to a short-term pact that could lead Swayman to unrestricted free agency and give the Bruins more time to figure out their salary cap structure; this has all the makings of a contract negotiation that could leak into the regular season.

A reasonable price for Swayman may land between both asking prices with honest arguments. Swayman has earned a 79-33-15 record in 125 starts over his career in Boston with a .919 SV% and 2.34 GAA. There is a legitimate argument that Swayman has benefited greatly from the team playing in front of him and sharing the net for several years with now-Ottawa Senator, Linus Ullmark. Swayman’s side will likely argue that $8.5MM is a reasonable salary for an undisputed starter on a playoff-caliber team. He earned the majority of starts last season (43) and finished sixth in the league in goals saved above average with 16.4 with approximately 10 fewer games played than other goaltenders above him.

Defensemen

It’s been a quiet summer for the 2021-22 Calder Memorial Trophy winner Moritz Seider. He saw his entry-level contract expire on July 1st and very little has been reported on regarding current negotiations between himself and the Detroit Red Wings. The Red Wings currently own around $17.65MM in cap space so money won’t be an issue in retaining either Seider or his teammate Lucas Raymond (more on that later).

The young German defenseman has not missed a game since making his NHL debut on October 14th, 2021, and has been Detroit’s best defenseman since then. He’s been solid offensively with 21 goals and 134 points in 246 games over his entry-level deal but his defensive metrics are much more difficult to interpret. Seider is regularly put into bad situations when he hits the ice as the Red Wings’ most serviceable option on the back end. He’s finished towards the bottom of the roster in on-ice save percentage over his three-year career but he also finishes towards the top of the team in defensive zone starts.

The other notable restricted free-agent defenseman is nearly 1,200 miles away in Dallas, Texas. Thomas Harley is coming off an electric season with the Dallas Stars scoring 15 goals and 47 points in 79 games. He quickly became an offensive option behind Miro Heiskanen and gave the Stars more of a complete powerplay. The most recent reporting came on August 9th with general manager Jim Hill maintaining confidence that Harley will sign soon.

Forwards

Circling back to Detroit; Raymond joins Seider as another restricted free agent yet to re-sign with the Red Wings. He’s a more complicated situation to interpret as Raymond exploded offensively with 31 goals and 72 points last year. The young Swedish forward averaged 53 points a season before that so Detroit may have more desire for a short-term pact before they commit to Raymond as a first-line talent. Coupled with a shooting percentage 6.4% higher than his career average last year; the Red Wings may believe a certain amount of regression is in order next year.

Seth Jarvis of the Carolina Hurricanes arguably represents the most talented option left on the board. A report yesterday from David Pagnotta of The Fourth Period indicates a long-term deal may be on the horizon. It’s no surprise why both sides are targeting a long-term contract as he already showed his importance last year for Carolina before the organization lost a few key forwards this summer. He finished second on the team in scoring last season with 33 goals and 67 points in 82 games while chipping in another five goals and nine points in 11 postseason contests. The contract should eat into much of Carolina’s remaining salary cap space of $6.44MM according to PuckPedia.

The last notable restricted free agent forward we’ll touch on is Dawson Mercer of the New Jersey Devils. The two sides have reportedly exchanged proposals which lends to the idea a deal will be done soon. He’s not as high-profile as some of the other forwards on New Jersey’s roster but Mercer has been a consistent and available scorer since entering the league three years ago. He hasn’t missed a game since the start of the 2021-22 season which has become invaluable to a Devils’ roster that has been rocked by injuries the last few years. Given his reliability and offensive abilities his AAV should land between Ondrej Palat ($6MM AAV) and Erik Haula ($3.15MM AAV) on the Devils’ salary cap table.

Hurricanes, Seth Jarvis Making Progress On Long-Term Contract

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Hurricanes winger Seth Jarvis is one of the more prominent restricted free agents with camps just a few weeks away from opening up.  However, it appears that might not be the case for much longer as The Fourth Period’s David Pagnotta reported earlier this week in an NHL Tonight appearance (video link) that the two sides are getting close to a max-term eight-year deal.

The 22-year-old was the 13th overall pick by Carolina in 2020 and after spending his post-draft campaign in the WHL, he has been a fixture in their lineup since.  Jarvis put up 40 and 39 points over his first two seasons, decent numbers for a youngster in his first taste of the pros but he managed to find another gear in 2023-24.

Last season, Jarvis set career bests with 33 goals and 34 assists in 81 games while logging 18:45 per night.  His 67 points were good for second on the Hurricanes in scoring behind only Sebastian Aho.  He was also one of their top scorers in the playoffs, recording five goals and four helpers in 11 contests, putting him third in team scoring behind Aho and Andrei Svechnikov.

It was suggested earlier this month that the Hurricanes might view Svechnikov’s $7.75MM AAV as the ceiling for Jarvis; the 2018 second-overall pick received that on a max-term agreement coming off his entry-level deal.  Pagnotta suggests that the price tag for Jarvis could creep past the $7.5MM mark so while it might come in below Svechnikov’s, it could be pretty close to it.

Carolina has around $6.44MM in cap room, per PuckPedia.  However, with today’s news that winger Jesper Fast will likely miss the entire season after undergoing neck surgery, he will be eligible to be placed on LTIR.  Depending on their exact situation at the time of his placement, the Hurricanes could go over the cap by up to Fast’s $2.4MM.  That amount added to their base cap space would be enough to get Jarvis under contract while leaving a bit of flexibility to afford a recall or two when injuries strike.

Metropolitan Notes: Jarvis, Fehervary, Puustinen

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Hurricanes winger Seth Jarvis remains unsigned, a situation that several key forwards coming off their entry-level deals currently find themselves in.  Despite that, Luke DeCock of the Raleigh News & Observer suggests that the likelier outcome remains that a long-term agreement will get done instead of the sides pivoting to a short-term bridge agreement.  A long-term pact for the 22-year-old should fall between the $7MM and $8MM per season range.  DeCock notes that Andrei Svechnikov’s $7.75MM contract could be viewed as the ceiling for a player signing long-term coming off his entry-level agreement which could be part of the reason it’s not done yet if Jarvis’ camp is seeking more than that.  Jarvis had a career-best 33 goals and 34 assists in 81 games last season (ranking second on the team in points) while adding nine points in their 11 playoff contests.

More from the Metropolitan:

  • Capitals defenseman Martin Fehervary has been named to Slovakia’s roster for the upcoming Olympic Qualifying Tournament but he might not be able to suit up after all. The 24-year-old indicated to NHL.com’s Nick Cotsonika (Twitter link) that he’s dealing with a minor injury and that while he’d like to play in the tournament which begins in less than a week, he and the team are in agreement that if he’s not fully healthy by the start, he shouldn’t play.  Fehervary had 16 points in 66 games for Washington last season while picking up 188 hits and 109 blocked shots in 19:38 per night and projects to have a big role on their back again once again in 2024-25.
  • With the Penguins adding some extra forward depth over the summer, Matt Vensel of the Pittsburgh Post-Gazette suggests that winger Valtteri Puustinen is no lock to make Pittsburgh’s roster in training camp. The 25-year-old became an NHL regular in December and picked up 20 points in 52 games after that, a respectable point total considering he averaged less than 12 minutes a game.  Signed for two years at the league minimum, Puustinen could be an intriguing potential waiver claim should he not break camp with Pittsburgh.

Hurricanes Have A Decision To Make With Their Second Buyout Window

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On Monday, the Hurricanes avoided salary arbitration with restricted free agent Martin Necas, inking him to a two-year, $13MM contract.  He was their only player to file so with that case now settled, a short-term second buyout window has opened up.

As a refresher, teams get their second buyout window once a team’s arbitration cases have been resolved.  It opens up 72 hours after signing and lasts for 48 hours (meaning time is nearly up for Carolina to consider this).  The only contracts that can be bought out in this window are for players with cap hits higher than $4MM and the player had to have been on the team’s roster at the last trade deadline.

At first glance, the idea of using the window might not make much sense.  After all, they have $6.44MM in cap space, per PuckPedia, an amount that is higher than most teams.

However, it’s a misleading figure as they still have restricted free agent Seth Jarvis to re-sign; the winger wasn’t eligible for arbitration.  The 22-year-old is coming off a breakout year, one that saw him record 33 goals and 34 assists in 81 regular season games before adding nine more points in 11 playoff contests.  A first-round pick in 2020, it’s fair to say that the Hurricanes envision Jarvis as being a core piece of their long-term future.

Generally, Jarvis is the type of player that they’d like to sign to a max-term eight-year agreement, buying an additional four years of team control.  However, coming off the year he had, it’s quite likely that such an agreement would cost more than what they have in cap room.  For the price tag to come in around $6MM, it would likely need to be a three-year bridge agreement.  So if GM Eric Tulsky wants to sign Jarvis for that long, he’ll need to create some cap space.

One way to do that is in this second window where one potential candidate stands out, Jesperi Kotkaniemi.  He has not lived up to his third-overall draft billing and is coming off his most disappointing season, one that saw him notch 12 goals and 15 assists in 79 games while logging only 12:59 per game.  That’s not a great return on a $4.82MM AAV, especially when that contract runs through the 2029-30 season.

Typically, a buyout on that expensive and long of a contract would make no sense.  But because Kotkaniemi is only 24, the buyout cost is one one-third, not the standard two-thirds.  Accordingly, the buyout would break down as follows:

2024-25 to 2026-27: $835K per season
2027-28 to 2029-30: $455K per season
2030-31 to 2035-36: $835K per season

That means that a Kotkaniemi buyout would save the Hurricanes $3.985MM, bringing their cap space total to $10.425MM which is ample space to give Jarvis a max-term extension while giving them enough flexibility to afford a replacement roster player for Kotkaniemi.

Are there other ways to open up that cap space?  Of course; they could look to the trade market and try to find a way to shed salary that way.  And let’s face it, the prospect of paying Kotkaniemi until 2036 not to play for them is far from appealing.  Frankly, it would be a surprise if they went this route.  But if they want to work out a long-term deal with Jarvis and need to free up the money, this is one route they can go but only for a few more hours.

East Notes: Jarvis, Byram, Shattenkirk

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Carolina Hurricanes forward Seth Jarvis revealed he’s played through injuries for much of the season, sharing with reporters that he tore the labrum and rotator cuff in his right shoulder just 15 games into the year, per Chip Alexander of The News and Observer (Twitter link). Jarvis said he experienced pain and discomfort from the injuries all season long, though wearing a shoulder brace helped reduce how often his shoulder slipped out of place. He also shared that he broke his finger during Carolina’s Round One series against the New York Islanders, though Jarvis described that injury as more of an annoyance than anything.

To hear the extent of what the 22-year-old Jarvis suffered through this season is incredible. He had a career year despite operating with fewer than two healthy shoulders, recording a dazzling 33 goals and 67 points in 81 appearances. He ranked second on the team in both goals and points, behind Sebastian Aho’s 34-goal, 89-point campaign. Jarvis held onto that impressive scoring in the postseason, netting four goals and nine points in 11 games – tied for third on the team. He’s now set for free agency, having played the final year of his entry-level contract, and should be one of Carolina’s top priorities. The young winger’s performance this year was enough to earn him a substantial raise, but the promise of what he could do with a fully healthy season could earn him even more. Carolina is projected to have $27.35MM in cap space this summer, with Jarvis, Brady Skjei, Jake Guentzel, Teuvo Teravainen, and 10 other players facing free agency.

Other notes from around the league:

  • Buffalo Sabres, and Team Canada, defenseman Bowen Byram was suspended for one game of the World Championship after slashing Team Finland’s Jesse Puljujarvi in the nether region following a scrap in the slot (Twitter link). The incident marked a string of gritty plays between Canada and Finland in what would end up a 5-3 Canada victory. Byram has been an important piece of Canada’s blue line, recording four points in five games while serving on the team’s second pair. He’ll now miss Canada’s Sunday matchup against Team Switzerland, making way for Olen Zellweger to take on a bigger role. Zellweger currently has four assists in five games.
  • Boston Bruins defenseman Kevin Shattenkirk expressed his desires to play again next season to reporters on Sunday, shares Fluto Shinzawa of The Athletic (Twitter link). Shattenkirk, 35, concluded his one-year deal with the Bruins with 24 points in 61 games – adding one assist in six postseason games. While certainly not flashy scoring, the veteran defender showed his ability to make a difference on the third pair, and brought invaluable experience to the lineup. He’s now played for four different teams over the last six seasons and could be set to increase that number this summer, with no shortage of teams looking for cheap and reliable defensive depth.

Sebastian Aho, Seth Jarvis Enter COVID Protocol

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The Carolina Hurricanes have announced that Sebastian Aho and Seth Jarvis have both entered the COVID protocol. Though the team did not confirm whether or not they have tested positive, both players–plus a member of the training staff–will be remaining in Vancouver as the team travels to Minnesota, suggesting they have.

Notably, the Hurricanes played the Calgary Flames on Thursday, a team that has now been shut down due to a massive outbreak. Carolina played two more games between then and now, visiting the Edmonton Oilers and Vancouver Canucks. Aho actually didn’t play in the game against Vancouver, missing it with an “illness”, but Jarvis did, playing a career-high of 17 minutes against the Canucks.

This isn’t the first time that the Hurricanes have dealt with brutal COVID-related absences either. The team lost Ethan Bear, Brett Pesce, and Tony DeAngelo all at the same time earlier this season, with the latter two only expected to make their return tomorrow night. It’s a good thing they are, too, because the Hurricanes don’t have the cap space to make any additional recalls. Like other teams, they would have been forced to play shorthanded if any other injuries cropped up. Instead, the team has sent Maxime Lajoie back to the AHL as the two defensemen rejoin the club in Minnesota.

Still, losing Aho and Jarvis will take a big bite out of the Hurricanes’ top-six. Aho is fresh off a second star of the week award after extending his multi-point game streak to five, and easily leads the team with 32 points in 26 games. Jarvis meanwhile has been a little less reliable as an offensive piece with 11 points in 20 games, but is still just 19 years old and getting his feet wet at the NHL level. The youngster hasn’t scored a goal in his last 11 games and will now face a quarantine period before he can get back on the ice if he has indeed tested positive.

Seth Jarvis To Burn First Year Of ELC

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Carolina Hurricanes head coach Rod Brind’Amour confirmed to reporters today including Chip Alexander of the Raleigh News & Observer that Seth Jarvis will play tonight, meaning he will burn the first year of his entry-level contract this season.

Jarvis, as we examined yesterday, is one of a handful of junior-aged players to get a chance at the NHL level this year. Unlike some of the other young forwards who played in the AHL last season though, Jarvis isn’t eligible to go to the minor leagues because he suited up for just nine games. Had he crossed the 20-game threshold like some of his OHL counterparts, he wouldn’t need to return to the WHL at all.

But the WHL–specifically the Portland Winterhawks–is the only other place for Jarvis to go, if the NHL wasn’t going to keep him around. Given how well he played in the AHL during that nine-game stop, and the fact that he has four goals and five points in nine NHL games, it seems unlikely that going back to junior would do anything for the 19-year-old forward.

After tonight, when his ELC officially kicks in, the next question will be whether the Hurricanes play Jarvis for 40 games this season. That would take him a year toward unrestricted free agency, sometimes a threshold that teams consider more important for young players. At any rate, if the team believes he’s one of the 12 forwards that can help them win, it seems likely that the Hurricanes will put him in the lineup. This team has Stanley Cup aspirations and are proving just how dangerous they are with a 14-2 record through the first 16 games.

Decision Pending For Hurricanes Regarding Seth Jarvis

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While teams around the NHL have made decisions on most of the junior-aged players as to whether or not to send them back to their previous team – including one earlier today – another one is soon pending in Carolina’s Seth Jarvis.

Jarvis was a healthy scratch early on in the year which has bought the Hurricanes some extra time to evaluate his development.  However, he has played in nine games including today’s action which means the decision on whether or not to activate the first year of his entry-level contract will soon be upon them as that will occur in his tenth contest.

Jarvis has played better as of late, scoring in three straight games including today and is up to four goals and an assist on the season while averaging nearly 14 minutes per night.  That’s certainly enough playing time to justify keeping him around although GM Don Waddell will need to weigh that against the benefits of having Jarvis on the books for an extra year on his entry-level deal if his contract was to slide and end in 2024-25 with a slightly lower AAV on the books as well.  Mike Johnston, the coach of WHL Portland which is where Jarvis would go if he’s returned to junior, indicated to Chip Alexander of the Raleigh News & Observer that he hasn’t heard which way the Hurricanes are leaning but that he doesn’t expect the youngster to return.

The other threshold that has to be brought up in situations like these is the 40-game one.  If a junior-aged player is on the active roster for 40 games, he accrues a season of service time, giving him a year towards UFA eligibility.  Some teams are okay with a player burning a cheap entry-level season but not losing a year of club control in the process.  Edmonton notably did that with Leon Draisaitl back in 2014-15.

So far this season, there has basically been a split on slide decisions.  William Eklund (San Jose), Hendrix Lapierre (Washington), Mason McTavish (Anaheim), and Jake Neighbours (St. Louis) were all returned while Dawson Mercer (New Jersey), Lucas Raymond (Detroit), and Cole Sillinger (Columbus) have all played past the nine-game mark already.  Carolina will soon need to decide which group their promising winger will be joining in the near future.

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