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Snapshots: Blues, Lightning, Coyotes

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Settling with Alexey Toropchenko today gave the St. Louis Blues come salary cap flexibility, says CapFriendly. Much like the Philadelphia Flyers did with Anthony DeAngelo, settling with Toropchenko, the Blues’ last remaining player who had filed for arbitration, opens a second buyout window for the team, which will open in three days and last for 48 hours. The rules for this unique buyout are limited, though – a player must have been on their reserve list at the trade deadline and must carry a cap hit of at least $4MM.

The Blues are cap-compliant but barely – CapFriendly projects them with roughly $290K in space with a full 23-player roster. They’ve expressed a clear desire to move out one of their aging top-four defensemen via trade, but nothing’s manifested yet, and it’s becoming less and less likely as the offseason trods on. It’s entirely possible general manager Doug Armstrong could choose to execute a buyout for someone like Nick Leddy, who’s struggled during his time in St. Louis and carries a $4MM cap hit through 2026. It would be a hefty buyout, running through 2028-29, but it wouldn’t carry a cap penalty of more than $2MM in any of the six seasons – it might be appealing.

More from around the NHL this weekend:

  • The Tampa Bay Lightning are also granted a second buyout window after settling with forward Tanner Jeannot before arbitration. The team has cut costs wherever possible, but they still have less than $1MM in cap space, even taking into account Brent Seabrook’s long-term injured reserve relief. Unfortunately for them, there are no possible candidates here – all of their players carrying a cap hit of $4MM are core parts of the team and won’t be considered for a buyout. General manager Julien BriseBois is prepping for another long season of cap management on a day-to-day basis.
  • PHNX Sports’ Craig Morgan today offered updates on a pair of Arizona Coyotes RFA forwards – Jan Jenik and Jack McBain. Morgan notes that Jenik’s deadline to accept his qualifying offer passed yesterday, meaning the team now has to negotiate a new deal with him to return to the desert. The 22-year-old was a 2018 third-round pick and notched 23 points in 30 games with the AHL’s Tucson Roadrunners last season. Morgan also notes that there hasn’t been any progress between the Coyotes and McBain on a new contract with his arbitration hearing looming at the end of the month, although they still have about two weeks to come to a deal before the hearing.

Philadelphia Flyers Sign Olle Lycksell

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The Philadelphia Flyers have signed restricted free agent forward Olle Lycksell to a two-year, two-way contract, per a team announcement. The deal is worth $1.575MM and carries an average annual value of $787.5K.

A 2017 sixth-round pick, Lycksell is quickly climbing up the organizational depth chart after a pair of very impressive seasons in other leagues. The 23-year-old Swede posted 45 points in 53 games for the AHL’s Lehigh Valley Phantoms last season, finishing second on the team in scoring during his first campaign in North America while playing heavy minutes.

It was the season before that where he saw a real breakout, though, finishing off his Swedish pro career (for the time being) with 34 points in 47 games for SHL side Vaxjo Lakers HC while on loan from the Flyers. Now, Lycksell has some financial security for the next two seasons, during which time he’ll attempt to break through into the Flyers’ lineup full-time.

He did make his NHL debut last season, not looking entirely out of place and registering an assist in eight appearances. With some free agent additions (and a healthy Cam Atkinson and Sean Couturier) in the fold, however, the chances of him being on the Flyers’ opening night roster are slim.

That being said, he’s set to reprise a top-line role with the Phantoms and continue working toward rounding out his game. With another year of pro hockey under his belt, look for Lycksell to provide some solid value for the Flyers in the second year of this deal.

When his contract expires in 2025, he’ll be a restricted free agent with arbitration rights.

Dallas Stars Sign Ty Dellandrea

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The Dallas Stars’ most important remaining restricted free agent has a new contract. Today, the team signed forward Ty Dellandrea to a one-year deal worth $900K.

Drafted 13th overall in 2018, Dellandrea’s development has been a slow burn, but he burst onto the scene last season as a full-time player in the strictest sense of the word. One of eight Stars to play in all 82 regular-season games, Dellandrea tallied nine goals and 28 points. Interestingly enough, Dellandrea was not eligible for Calder voting, nor was he considered a rookie – he suited up in 26 games for Dallas two seasons ago in 2020-21, putting him just above the cut-off mark.

Nevertheless, Dellandrea demonstrated high-end two-way upside in a bottom-six role, posting high-end possession numbers and even excelling when used on the penalty kill. Still just 22 years old, there is still plenty of time for his offensive totals to improve. He showed strong scoring flashes in the minors in 2021-22, posting 23 goals and 50 points in 68 games with the AHL’s Texas Stars.

Despite those positive strides, Dellandrea will likely get boxed out of a top-nine role, at least to start next season. The team’s re-signing of Evgenii Dadonov and acquisition of Matt Duchene via free agency gives them one of the best top-nine forward units in the entire league, but it does diminish Dellandrea’s potential for increased ice time. If injuries strike, however, he carries the most upward mobility of any depth forward on the Stars and will get a chance higher up in the lineup.

New York Rangers Sign Ty Emberson

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The New York Rangers have negotiated a new contract for one of their more underrated defensive prospects, signing Ty Emberson to a one-year contract extension for 2023-24. Financial terms were not disclosed.

The 23-year-old Emberson had a breakout development season with the AHL’s Hartford Wolf Pack, his first season there after the Rangers acquired him last summer from the Arizona Coyotes in exchange for them taking the final two seasons of defenseman Patrik Nemeth’s contract, which Arizona bought out last month. He posted career-highs across the board, tallying seven goals and 27 points in 69 games, and was also named the best defensive defenseman in the AHL’s Eastern Conference.

He earned those honors by playing consistent top-four minutes for Hartford all season long and finishing second on the team with a +17 rating. Arizona had selected the 6-foot-1 right-shot defender with the 73rd overall pick in the 2018 NHL Draft.

The Wisconsin-born Emberson likely isn’t a candidate to make the Rangers out of camp yet, and might actually slip down the depth chart in Hartford after the Rangers signed Connor Mackey and Mac Hollowell to bolster their AHL depth. That being said, he doesn’t get discussed as much as he should when talking about Rangers prospects, and he’ll look to keep up the strong two-way play in the face of increased internal competition next season.

Emberson will be a restricted free agent again next summer.

Montreal Canadiens Sign Nicolas Beaudin, Lucas Condotta

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The Montreal Canadiens have signed a pair of depth players this morning, inking defenseman Nicolas Beaudin to a one-year, two-way contract and forward Lucas Condotta to a two-year, two-way contract.

CapFriendly reports Beaudin’s contract has an NHL salary of $775K, an AHL salary of $90K, and a minimum guaranteed salary of $110K. Condotta’s compensation hasn’t been reported yet.

A 2018 first-round pick, Beaudin found himself in the Canadiens organization this season after they acquired him from the Chicago Blackhawks in exchange for minor-league forward Cameron Hillis just weeks into the campaign. The move has since panned out extremely well for both Beaudin and the Habs.

The 23-year-old defenseman had gone through some troubles adjusting to the pro game while in Chicago, issues undoubtedly exacerbated by the inconsistencies of playing time during the COVID-19 pandemic. He’s also got a rather slight frame, standing at just 5-foot-11 and 168 pounds.

But things took off for the left-shot defender with the AHL’s Laval Rocket, where he scored twice and added 23 assists for 25 points in 39 games after the trade, trouncing last season’s offensive production. He saw some limited minutes at even strength, but he dominated them defensively – per data from Pick224, he was on the ice for just 16 goals at even strength in 42 total AHL games last year. He’s not expected to earn a spot with the Canadiens out of camp, but do look for him to take on an increased role in Laval next year.

The 25-year-old Condotta, meanwhile, made his NHL debut last April against the Boston Bruins, scoring a goal in the process. An undrafted free agent signing out of the University of Massachusetts-Lowell, Condotta scored 16 goals and 15 assists for 31 points in 72 games with the Rocket in his first full pro season in 2022-23. He did so largely in a bottom-six role in the minors, where he’ll likely stick around as some younger and higher-ceiling Canadiens prospects take precedence.

Beaudin will be a restricted free agent again at the end of his deal, while Condotta’s extension walks him to unrestricted free agency in 2025.

Ottawa Senators Re-Sign Kevin Mandolese

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The Ottawa Senators have re-signed restricted free agent netminder Kevin Mandolese to a one-year, two-way contract, PuckPedia reports Tuesday. The 22-year-old’s new deal will carry a $775K cap hit and NHL salary and pay him $110K in the minors.

Mandolese made his NHL debut last season, posting a .916 save percentage in three games when injuries struck both Anton Forsberg and Cam Talbot near the end of the year. The 6-foot-5, 200-pound netminder now has three pro seasons under his belt, mostly bouncing between the AHL’s Belleville Senators and ECHL’s Atlanta Gladiators and Allen Americans.

After posting strong numbers in limited ECHL time, Mandolese should compete for a true full-time role in Belleville next season. He’ll face some tough competition, though – 2019 second-round pick Mads Sogaard and 20-year-old Leevi Merilainen are also gunning for development time in the AHL and have higher ceilings than Mandolese.

In 43 games with Belleville over the past three seasons, Mandolese has an 18-19-3 record, a 3.40 goals-against average, and a .893 save percentage. Ottawa selected him 157th overall in the 2018 NHL Draft.

The deal comes in under his qualifying offer of $840K in the NHL, but his AHL salary is above the $70K he was due. He’ll be a restricted free agent next season, and he’ll be eligible for arbitration this time around.

Montreal Canadiens Sign Alex Newhook

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The Montreal Canadiens have gotten a deal worked out for their big trade addition this offseason. After nabbing the signing rights to former first-round pick Alex Newhook via trade from the Colorado Avalanche last month, the team’s now inked him to a four-year contract with an average annual value of $2.9MM. CapFriendly reports the breakdown of the deal as follows:

2023-24: $3.5MM salary
2024-25: $3.3MM salary
2025-26: $2.7MM salary
2026-27: $2.1MM salary

Newhook will still be a restricted free agent at the end of this semi-long-term commitment, given he’s still just 22 years old and has only two full seasons of pro experience. This is the longest contract possible for Newhook without surrendering his signing rights at the end – a five-year deal would have walked him directly to unrestricted free agency in 2028.

While Newhook may not have taken the step forward most hoped for in Colorado last season, a $2.9MM cap hit is still fair value for his services, even if he doesn’t pan out as hoped with the Canadiens. The 2019 16th overall pick played in all 82 games for the Avalanche last season but posted just 14 goals, 16 assists, and 30 points despite being given top-six minutes to start the season. He’d later fall down the depth chart in favor of J.T. Compher, who earned himself a payday in free agency by signing a five-year contract with the Detroit Red Wings.

As it stands right now, Newhook is a fine third-line center whose game translates to the wing rather seamlessly. The contract may be a slight overpay based on last year’s performance, but it could be a significant bargain in a couple of years should he approach his ceiling – a bonafide top-six playmaking center.

Newhook projects to fit in somewhere among Montreal’s second or third lines, although predicting line combinations at this stage in the offseason isn’t a prudent exercise given the team’s backlog among forwards of depth veterans and up-and-comers alike. It does seem likely he’ll start the season on the wing, however, unless the team pursues trading someone like Christian Dvorak.

Philadelphia Flyers Sign Cam York

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The Philadelphia Flyers have a new contract to announce for one of their top young defenders. Cam York has signed a two-year, $3.2MM contract carrying a $1.6MM cap hit. CapFriendly reports the structure of his deal is as follows:

2023-24: $1.3MM salary, $300K signing bonus
2024-25: $1.6MM salary

York, 22, set a career-high in points with the Flyers in 2022-23. His 20 points in 54 games ranked fifth among Flyers defenders in total, but his 0.37 points per game put him second to only Tony DeAngelo.

The team’s 14th overall pick in 2019, York is a shoo-in to take over a full-time top-four role after the team dealt away Ivan Provorov (and, presumably, DeAngelo) this summer. It’s largely assumed the team signed veteran Marc Staal in free agency to serve as a partner/mentor for York, who did average over 19 minutes per game last season and posted rather high-end two-way results.

With Provorov out of the picture, it seems like just a matter of time until York is Philadelphia’s de facto number-one defenseman. If that happens sometime within the next two seasons, this is obviously an incredibly short-term value signing by general manager Daniel Briere.

He’s the second promising young Flyer to sign a two-year deal today, though, joining center Noah Cates. While getting Cates and York locked in until 2025 for a combined $4.225MM is a solid piece of work, they’ll likely both be due gigantic raises two summers from now, something that could be tough to negotiate even with a rising salary cap.

York will be an RFA again in 2025, and he’ll be due a $1.6MM qualifying offer. In the meantime, though, the focus rests on development for the 5-foot-11, 172-pound defenseman.

Montreal Canadiens Re-Sign Mitchell Stephens

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Center Mitchell Stephens has a new contract for 2023-24, re-signing with the Montreal Canadiens on a one-year, two-way deal. Per CapFriendly, the deal pays him $775K in the NHL and $300K in the minors, carrying a minimum guaranteed salary of $385K.

The 26-year-old Ontario-born forward was a restricted free agent this offseason, although he didn’t file for salary arbitration despite being eligible.

Stephens didn’t see any NHL ice last season, spending the entire campaign in the AHL for the first time since 2018-19. In 68 games with the Laval Rocket, he registered 20 goals and 21 assists for 41 points, finishing third on the team in scoring.

He is a reliable NHL call-up option if Montreal wants a more veteran presence. He’s accumulated 72 NHL games over three seasons with the Detroit Red Wings and Tampa Bay Lightning, scoring three goals and 13 points while largely playing in a fourth-line role.

Selected 33rd overall in 2015 by Tampa Bay, it doesn’t appear a full-time NHL role is in Stephens’ future. However, he’ll lock down a top-six role again in Laval next season.

Re-signing Stephens leaves Montreal with four RFAs still to sign: center Alex Newhook, left wing Lucas Condotta, right wing Jesse Ylonen, and left defenseman Nicolas Beaudin.

Philadelphia Flyers Re-Sign Noah Cates

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The Philadelphia Flyers have avoided arbitration with up-and-coming center Noah Cates, the team announced Monday morning. The two parties have agreed on a two-year, $5.25MM contract carrying a $2.625MM cap hit.

Cates’ new contract buys two arbitration-eligible years and makes him a restricted free agent again in 2025 when he’ll also be eligible for arbitration.

The 24-year-old burst onto the scene in a big way during his rookie season. He was one of three Flyers to skate in all 82 games last year, and he finished top-15 in both Calder Trophy and Selke Trophy voting – impressive stuff for a fifth-round pick.

Born in Stillwater, Minnesota, Cates struggled heavily in the faceoff circle (39.5 win percentage) but was a defensive dynamo everywhere else, tying for the team lead in plus/minus with a +3 rating. He added 13 goals, 25 assists and 38 points, finishing eighth on the team in total scoring.

He also took on quite heavy minutes, playing nearly 18 minutes per game and facing some tough competition. In fact, he took on much of the defensive burden created by the absence of Sean Couturier, who missed the entire season with a back injury.

After Philadelphia cleared some space on the depth chart by dealing Kevin Hayes to the St. Louis Blues, Cates (along with fellow riser Morgan Frost) is slated for top-nine minutes again in 2023-24, although Couturier’s return should ease his role somewhat.

Cates also flashed solid offensive production during a 16-game stint with the Flyers to end 2021-22 after turning pro, recording nine points in 16 games. With some decreased defensive responsibility, could he build on some already solid production and turn into a bonafide top-six center?

It shouldn’t be the expectation, especially given his draft billing, but Cates has already displayed sustainable tools to become a long-term NHL center. If he can maintain his strong play away from the puck, his sub-$3MM cap hit is a great value signing for Philadelphia and general manager Daniel Briere.

Sportsnet’s Elliotte Friedman was the first to report the terms of the deal.

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