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Los Angeles Kings Sign Five RFAs

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2:05pm: The team has also signed Mersch to a one-year, two-way deal. The 24-year old played 48 games for the Ontario Reign this year, scoring 33 points despite a knee injury that kept him out for almost two months. The former fourth-round pick made his NHL debut in 2015-16, and is still trying to make it back to the Kings.

1:05pm: The Los Angeles Kings have reached agreements with four more restricted free agents, signing Justin Auger, Andrew Crescenzi, Zachary Leslie and Kurtis MacDermid to one-year, two-way contracts that pay $650K at the NHL level. Crescenzi was the only one of the four with arbitration rights, though he declined to file earlier this month. The Kings now have three remaining RFAs to sign: Paul LaDue, Jonny Brodzinski and Michael Mersch, though none of the three filed for arbitration either.

Out of this group MacDermid may be the most interesting, though none of the four look to have much of an NHL future. MacDermid went undrafted and signed with the Kings in 2012, only to return to the OHL to develop his two-way game further. In 58 games this season with the Ontario Reign of the AHL, the 6’5″ defenseman put up 20 points and was a physical force on the ice, laying huge hits and dropping the gloves whenever necessary.

Auger, the highest draft pick of the bunch is another towering player who has some sneaky good hands and can contribute offensively at times. He, like the other three, seem destined to continue in the AHL for the foreseeable future, but Ontario fans won’t be upset about that. The club went 36-21-11 last season and should be competitive once again next year.

San Jose Sharks Re-Sign Chris Tierney

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7/13: The Sharks have officially announced the contract.

7/11: It may not be the fireworks that some Sharks fans are waiting for, but the team has brought back a dependable player for the 2017-18 campaign. TVA’s Renaud Lavoie reports that Chris Tierney, San Jose’s young two-way center, has signed his qualifying offer. The restricted free agent will return to the Sharks on a one-year, one-way contract worth $735K. Tierney will be an RFA again next summer, but has bought himself another year to prove that he is a worthy of a long-term contract, while also keeping the Sharks’ cap flexibility intact so that they can add more talent up front before next season.

Tierney, 23, was San Jose’s second-round selection back in 2012 out of the OHL’s London Knights. After a prolific junior career, he joined the Sharks for the 2014-15 season and immediately carved out a role for himself as a two-way center. A true 200-foot player, Tierney is consistent with his scoring, notching between 20 and 23 points in each of his first three seasons, and is clutch with his offense as well, with several game-winners in his young career and an impressive nine points and +8 rating during the Sharks’ run to the Stanley Cup in 2015-16. Given his moderate ice time, 13 to 14 minutes per night on the fourth line, Tierney’s modest production is more impressive than it may seem. However, where Tierney really excels is in his own end. The team’s checking line center, Tierney has developed great two-way instincts, is an adept shot-blocker, and led all Sharks last year in takeaways per 60 minutes.

Yet, this new contract does bring with it plenty of questions. Why was a valuable, young defensive forward forced to sign his lowly one-year qualifying offer? The only explanation is that one side or the other wanted that deal, otherwise one would think that a longer contract worth closer to Tierney’s true value could have been agreed upon, like many of those signed by restricted free agents in the past week or so. Perhaps the Sharks did not offer Tierney anything more than the qualifying offer, or maybe he is unhappy in San Jose and only wanted to sign on for one year at a time. Either way, this contract (and any possible underlying discontent) could make Tierney trade bait this summer as the Sharks look to improve their offense. Stay tuned.

Sabres To Wait On Sam Reinhart Extension

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While new GM Jason Botterill and the Sabres front office are reportedly working diligently on an extension for star center Jack Eichel in hopes of having a deal done this summer, they aren’t placing the same emphasis on a new contract for a fellow young forward. With one year remaining on his entry-level contract, it seems that the Sabres are content to let Sam Reinhart reach restricted free agency next off-season before working out a new deal.

Reinhart, the #2 overall pick in 2014, has not yet performed to the same level as Eichel, the #2 overall pick in 2015, or even the Winnipeg Jets’ Patrik Laine, the #2 overall pick in 2016. While Reinhart has certainly been an important part of the Buffalo offense the past two years, it seems that the jury is still out on his long-term value. Reinhart has played in 79 games in each of the past two seasons, racking up 42 and 47 points respectively. While that is a nice contribution, a near-number one pick is expected, at the very least, to register 20 goals and 20 assists in a season, which Reinhart has yet to do. While Reinhart’s two-way game is coming along nicely, he has also been abysmal at the face-off dot. Reinhart simply has a ways to go to reach his potential and is thus not a priority to re-sign with a year remaining.

None of this is to say that Reinhart is not a valued member of the current and future Sabres, only that he has not reached the level of some of his teammates. A new deal for RFA goalie Robin Lehner and an extension for Eichel, two players that simply play larger roles in Buffalo, are taking precedence. However, when next summer roles around, Reinhart will get his fair share of attention. Still just 21 years old, Reinhart is a power play weapon and an expert sniper. Botterill acknowledged that he’s “excited with Sam”, but added “I don’t think something from a contract standpoint will be happening this summer”. Reinhart has another year to show that he’s still growing as a player and is worth perhaps more than what he’s accomplished so far, and that opportunity may just work out in his favor.

Stars Sign Radek Faksa To Three-Year Extension

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The Dallas Stars have a done deal with priority restricted free agent Radek Faksa. The team announced that they have signed the 23-year-old center to a three-year, $6.6MM extension. The big Czech forward will still be a restricted free agent when his new contract expires after the 2019-20 season.

Faksa’s $2.2MM yearly cap hit would be a bargain for most teams in the NHL. In just his second NHL season, Faksa skated in 80 games, logging over 16 minutes of ice time per game, and registered 33 points. Yet, in the context of Dallas’ big off-season, that relatively small cap hit further frustrates the Stars’ difficult cap crunch. Dallas has added Martin Hanzal, a center like Faksa, to a three-year deal that pays him $4.75MM each year, and one of the biggest names on the free agent market, winger Alexander Radulov, to a five-year deal that pays out $6.25MM annually, already this summer. Additionally, they traded for defenseman Marc Methot from the Vegas Golden Knights and the remaining two years and $9.8MM on his contract. Hanzal, Radulov, and Methot join Jamie Benn ($9.5MM), Jason Spezza ($7.5MM), Tyler Seguin ($5.75MM), John Klingberg ($4.25MM), Ben Bishop ($4.92), and Kari Lehtonen ($5.9MM) on a roster that is bursting with talent, but toppling the salary cap ceiling as well. With Faksa’s new deal, the Stars are committed to $74.2MM for a full roster of 23 players, but still have to re-sign RFA defenseman Jamie Oleksiak and will be hard-pressed for flexibility regardless.

The Faksa extension would seem to rule out the talked-about idea of the team trading the young pivot, but the team will have to make a move somewhere. It seems unlikely that Dallas is done dealing this off-season.

RFA Arbitration Hearings Begin Soon

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Although it’s likely that many of these restricted free-agents come to terms with their teams before the hearing dates, the list of set dates has been released. Last year, only one RFA actually made it to their date without a deal. We should see more players actually make it to the arbitration process this year, but how many is unclear. It could be zero, or it could be five.

That said, these arbitration hearings begin in only 11 days, so the crunch is on. Teams will hope to hammer out details with players they hope to lock in for longer than two years. PHR published a preview highlighting players most likely to see a massive pay-raise, but arbitration by its nature can be rather capricious.

According theScore’s Cody Wilkins, the set dates are as follows:

 

July 20 – Tyler Johnson (Tampa Bay), Colton Parayko (St. Louis), Tomas Tatar (Detroit)

July 21 – Ryan Dzingel (Ottawa), Michael Chaput (Vancouver)

July 22 – Micheal Ferland (Calgary), Viktor Arvidsson (Nashville)

July 24 – Austin Watson (Nashville), Brian Dumoulin (Pittsburgh)

July 25 – Joey LaLeggia (Edmonton), Mika Zibanejad (NY Rangers), Ondrej Palat (Tampa Bay)

July 26 – Jordan Martinook (Arizona), Ryan Spooner (Boston)

July 27 – Robin Lehner (Buffal0), Marek Mazanec (Nashville)

July 28 – Jean-Gabriel Pageau (Ottawa)

July 31 – Matt Nieto (Colorado)

August 1 – Connor Hellebuyck (Winnipeg), Reid Boucher (Vancouver)

August 2 – Calvin de Haan (NY Islanders), Kevin Gravel (Los Angeles)

August 3 – Nate Schmidt (Vegas), Nino Niederreiter (Minnesota)

August 4 – Mikael Granlund (Minnesota), Conor Sheary (Pittsburgh), Nathan Beaulieu (Buffalo)

Leafs’ Cap Woes Not Yet Fatal

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Much has been made by the Toronto media in recent  months regarding the team’s future cap situation. Currently, they sit at $3.929 MM over the cap ceiling. That issue is relatively unimportant considering the players that will end up on long-term injured reserve, but the sudden pressure of being “in the red” has started to make analysts nervous about the team’s future. The man source of concern surrounds the three star youngsters, Auston Matthews, Mitch Marner, and William Nylander, who will all need contracts before 2019-20. The 21 year-old Nylander’s RFA year is 2018-19 so his contract will be the first domino to fall.

Recently, Howard Berger penned an article proposing the necessity of moving on from one of Marner or Nylander due to impending budget restraints, and he ultimately advocated for the movement of the latter. The Toronto Star’s Damien Cox takes a more comprehensive look at the situation, but ultimately comes down with a fatalistic view of the situation – that it can only be rectified by abandoning one of these players in their primes. The author postulates that an approximate “37 percent of Toronto’s payroll” could be sacrificed to just that trio, estimating that the cap will rise only moderately (likely true).

There’s a very solid possibility that Toronto is overvaluing their own players’ worth a tad. There is also the incredible probability that one of the three may have a setback year, at least points-wise, which will bring a contract back down into reasonable territory. Matthews may not even make $10 MM on his first deal, and Marner and Nylander look to be only slightly more valuable collectively contract wise than say, Tyler Johnson and Ondrej Palat. Will the contracts be expensive? Absolutely. But will the three earn $30 MM combined? Not likely.

Ultimately, Toronto has difficult decisions ahead. Cox was correct in his assessment that Toronto is “going for it” now – the Patrick Marleau and depth player signings confirm that the team wants to compete in the short-term. But the long-term prospects probably don’t include sacrificing any of these players. With a combined cap devotion of slightly above 30%, the situation is entirely manageable.  The go-to example for star-power, of course, should be the Pittsburgh Penguins who have successfully shuffled accessory pieces out as they begin to become overpaid. Their big three – Sidney Crosby, Evgeni Malkin, and Kris Letang account for $25.45 MM of the team’s salary, a solid 34.8% of the allowable cap last season. Toronto fans shouldn’t start hitting the panic button, and internally the course ahead financially is likely already plotted. The team will need to find players on cheap contracts and hunt for bargains, while moving out older expensive pieces as the core group matures. Adding Marleau for a third season also wasn’t particularly helpful as 2019-20 will be the tightest fit. That said, Marner and Nylander shouldn’t start packing their bags just yet.

Kevin Klein Retires From NHL

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After a report surfaced last month that Kevin Klein was considering retirement, the New York Rangers have announced the defenseman will indeed hang up his skates and retire at the age of 32. Klein played just 60 games last year while battling through a back injury.

Klein began his career with the Nashville Predators and played for nearly a decade there before being traded to the Rangers for Michael Del Zotto. While Del Zotto spent just half a season with the Predators before heading to Philadelphia, Klein would remain in New York and turn into one of their most important defensive pieces. Scoring 52 points over two seasons from 2014-16, Klein was one of the most clutch performers for the team during that time with eight game winning goals including several in overtime.

He’ll finish his NHL career with 154 points in 627 games, while playing in 73 playoff contests without ever hoisting the Stanley Cup. His retirement may actually help the Rangers though, as his $2.9MM cap hit will come off the books immediately. With Mika Zibanejad still to sign, the Rangers were going to be very tight to the salary cap for the upcoming season. Klein is leaving with just one year remaining on his current contract.

RFAs Headed For Payday In Arbitration

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As the list of the players who have filed for arbitration was released earlier today by the NHLPA, a few names stick out as those due a meaningful raise. Arbitration is a tricky process to reliably predict, but it’s a safe bet these names will see their cap hit rise substantially.

 

Brian Dumoulin – D – Pittsburgh Penguins

There was a time when the young Dumoulin was a well-kept secret in the league, overshadowed by the far flashier play of Kris Letang. Dumoulin’s accolades this last playoff year certainly didn’t go unnoticed, and as the lone defensive defenseman in their core group, he probably holds the greatest job security on the team’s blueline. He doesn’t put up points – only one goal in the last two seasons, but he blocks shots and drives possession while eating a ton of minutes against top competition. As analytics are utilized more and more, his case only gets stronger. A contract well over $4 MM is certainly looking possible.

Colton Parayko – D – St. Louis Blues

This is the name seen most commonly associated with offer-sheets this summer, and with good reason. Parayko plays with the mentality of an old-time defenseman, but he can skate quite well for a large (6’6) man. He’s only had two seasons in the NHL, but he’s impressed since he first took the ice. Again, he isn’t a massive offensive force (he scored 3 goals last season), but he’s already averaging over 21 minutes a night with near equal starts in both the offensive and defensive zone. He’ll be hurt by the quantifiable stats factor, but he’s a big body with a rare right-handed shot to boot. This contract could look relatively cheap compared to his next, if he continues along this course. He should cost around $5.5 MM.

Ondrej Palat – F – Tampa Bay Lightning

Others will look to the undersized center Tyler Johnson as most likely to get a payday. But don’t over look Palat’s consistency – it may give him an edge with arbiters. Johnson does have his 72 point campaign to lean on, but that was now two full seasons ago. The fact that both players couldn’t break 20 goals in the last two seasons will bring their prices back down to Earth. Palat has grown into his role on the team and back-checks with a ferocity not often seen in younger stars. Johnson is no slouch either – they’ve both accumulated Selke votes over the years. These are two pivotal pieces of the Lightning, and their upcoming contracts were a big reason Jonathan Drouin was traded away to Montreal. GM Steve Yzerman will happily lock both up, but he will be hoping for figures under the $6 MM mark.

Viktor Arvidsson – F – Nashville Predators

This would have been an unlikely name on such a list even last December, when you consider how truly meteoric Arvidsson’s rise was. His value in arbitration will be deeply interesting – the shifty winger has played himself into the core of the team within a season. He really only has 2016-17 and the long playoff run to hang his hat on, as he scored only 16 points through 56 games in 2015-16. This year was a remarkable offensive explosion, with 30 goals and 31 assists. At only 5’9, Arvidsson has really shocked many onlookers by how easily he’s adapted to the physicality of the NHL game. His talent has never been in question, and with his production now well-established, it’s safe to believe he’s going to get a cushy award. How bad the damage will be is going to affect Nashville’s cap going forward – I suspect over $5 MM, but there are few comparables.

Mikael Granlund – F – Minnesota Wild

Granlund is perhaps slightly more enticing league wide than fellow Wild RFA Nino Niederreiter. He’s a marginally more cerebral player, and he plays the valuable center position. Neiderreiter is the more natural goal-scorer and larger frame, but Granlund has better PPG and has broken 30 assists thrice. Both players will get paid, as they both broke 25 goals last season and will be important pieces in the State of Hockey for some time. I think the more interesting thing to watch here is whether the Wild play it safe with Granlund and take a one year deal, or attempt to lock him up for longer. This was the first season he really scored with any consistency, but the Wild have shown their faith in the player by continually giving him over 17 minutes of icetime even when he struggled to produce. A one-year would easily command over $5 MM, whereas a longer deal could bring cost down.

 

Montreal Canadiens Sign Alex Galchenyuk To Three-Year Deal

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Despite filing for arbitration earlier today, Alex Galchenyuk has reached a contract with the Montreal Canadiens. The deal will pay him $4.9MM per season for the next three years, taking him to unrestricted free agency in the summer of 2020. According Renaud Lavoie of TVA, the contract does not include a no-movement deal or any additional clauses. This deal buys Montreal one year of service past when Galchenyuk would otherwise have become unrestricted.

Galchenyuk has had trouble finding his role in Montreal, being shifted from wing to center and back again. There was the growing sense that Galchenyuk may have been on the outs, but with the loss Alexander Radulov his signing became a necessity. The Canadiens have been hunting for a number one center for what seems like eons, and the organization must now hope Galchenyuk will round out his game sufficiently and grow into that position. With this contract, the team receives a very productive player at a significant discount, with the extra year providing the team cap relief if he progresses.

Galchenyuk struggled with injuries as well as the aforementioned coaching decisions last year, losing  21 games to a lower body injury. He wasn’t on pace to match the 30 goals of 2015-16, but at only 23 years old, Galchenyuk still has time to develop as an NHL player. Montreal media and management were particularly down on the flashy, creative forward when he went long stretches with few points. He will likely never be a top-tier defensive forward, but he should become more capable in the other two zones under the proper direction. This contract seemingly will put a halt to the trade rumors swirling around the talented playmaker. GM Marc Bergevin had reportedly been seeking a solid hockey trade for Galchenyuk for months.

When you look at Galchenyuk’s career production, he’s very clearly an upper-echelon center, though whether he is a first or second line player is debatable. He’s averaged a .60 PPG through his career, but if we look at his 2015-16 season as a more accurate representation of his abilities, it wouldn’t be unrealistic to see him hitting 60 points nearly every year.

Galchenyuk’s contract brings the team to $65.84 MM against the cap with 13 forwards, 7 defensemen, and 2 goalies signed. The organization only has goalie prospect Charlie Lindgren (an RFA) left to sign, though they may dip into the sparse free agent pool for another depth player.

Minor Moves: Boyd, Aho, Driedger, Payne

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While the league reels from the whopping Connor McDavid extension, that will see the reigning MVP earn a league-high $12.5MM per season, other teams have made some much more minor moves to improve their team. Here are some smaller transactions that took place today:

  • The Washington Capitals have avoided arbitration with one of their restricted free agents, signing Travis Boyd to a one-year two-way contract that will pay him $650K in the NHL. Boyd scored 63 points at the AHL level and could have a chance to make his NHL debut this season. That leaves the Capitals with just Philipp Grubauer as an arbitration eligible RFA.
  • The New York Islanders have signed Sebastian Aho—no not that Sebastian Aho—to a three-year entry-level contract. This 21-year old defenseman was selected in the fifth round of this year’s draft after being passed over several times. Aho broke out in Sweden last season, and will compete for a job at the AHL level this season.
  • Ottawa has signed Chris Driedger to a one-year two-way deal that will pay him $735K in the NHL. Driedger was a restricted free agent, and with the departure of Matt O’Connor (who signed with the Nashville Predators after not receiving a qualifying offer) will likely be joined by Andrew Hammond in the AHL next season.
  • The Buffalo Sabres have hired Davis Payne as an associate coach, coming aboard to join Phil Housley on a revamped staff. Payne is the former head coach of the St. Louis Blues and most recently an assistant with the LA Kings. He was let go along with Darryl Sutter and the rest of the Kings’ coaching staff, but will join Housley in trying to turn around the Sabres next season.

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