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Salary Cap Deep Dive 2018

Salary Cap Deep Dive: Los Angeles Kings

August 18, 2018 at 5:59 pm CDT | by Holger Stolzenberg 2 Comments

Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Los Angeles Kings

Current Cap Hit: $77,345,227 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Alex Iafallo (one year, $925K)
F Sheldon Rempal (one year, $925K)
F Gabriel Vilardi (three years, $925K)
D Daniel Brickley (one year, $925K)
F Adrian Kempe (one year, $894K)

Potential Bonuses

Rempal: $850K
Brickley: $850K
Vilardi: $500K

With a franchise filled with veteran contracts, the team has been forced to slowly integrate some youth onto the team. What the team has recently done successfully is signing several undrafted collegiate free agents, including Iafallo, Brickley and Rempal. Iafallo made the Kings’ team out of training camp after four years at the University of Minnesota-Duluth and even started on the team’s top line, posting nine goals and 25 points. This year, the team has the same hopes for Brickley and Rempal, two of the top college free agents, who each signed earlier this year and have solid chances to make the club out of training camp.

The team also have high hopes that Kempe can continue to develop into a top-six forward after finally breaking into a full-time role with the Kings this year. The 21-year-old 2014 first-round pick posted 16 goals and 37 points last year and could be primed to take that next step next season. Vilardi, the team’s 2017 first-rounder, might have made the L.A. team last year if he hadn’t suffered a back injury at the end of the 2016-17 season. He missed half of last season, but still posted solid numbers in junior on his return, posting 22 goals and 58 points in just 32 games. He could easily win a bottom-six role immediately and work his way up the depth chart as the season rolls on.

One Year Remaining, Non-Entry-Level

F Nate Thompson ($1.65MM, UFA)
G Peter Budaj ($1.03MM, UFA)
F Jonny Brodzinski ($650K, RFA)
F Zack Mitchell ($650K, RFA)
D Oscar Fantenberg ($650K, UFA)

The team has few contracts that they have to worry about among non-entry level deals. Fantenberg may be the most intriguing of the bunch as the 26-year-old defenseman showed some offensive potential in limited action after coming over from the KHL last year. While he played in just 27 games last season, he posted 13 points and managed to play a significant role in their four-game playoff series with the Vegas Golden Knights. Other than Mitchell, who came over from Mitchell, all are unrestricted free agents and will have to prove their value to get a new contract in the future.

Two Years Remaining

F Tyler Toffoli ($4.6MM, UFA)
D Jake Muzzin ($4MM, UFA)
D Derek Forbort ($2.53MM, UFA)
F Trevor Lewis ($2MM, UFA)
F Kyle Clifford ($1.6MM, UFA)
D Kurtis MacDermid ($675K, RFA)
G Jack Campbell ($650K, UFA)

Toffoli posted solid numbers for the fourth straight year, putting up 24 goals and 47 points as he enters the second year of a three-year, $13.8MM deal. The 26-year-old flashed some offensive potential two years ago when he scored 31 goals. Hoping that he might build on that number, Toffoli has scored just 40 goals in the past two years, so the team hopes he can return to an elite level soon. Muzzin is a solid top-four defenseman on a team that is loaded in defense and proved his value by putting up a career-high in points with 42, despite missing eight games last seasons.

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Three Years Remaining

F Ilya Kovalchuk ($6.25MM, UFA)
D Dion Phaneuf ($5.25MM, UFA)
D Alec Martinez ($4MM, UFA)
F Tanner Pearson ($3.75MM, UFA)

The majority of the team’s significant contracts are three years and above and the team added a critical addition in the offseason when they won the Kovalchuk sweepstakes as he chose Los Angeles over a number of other teams to sign a contract with. Many believe that Kovalchuk only signed with L.A. because they were the only ones to offer three years to the 35-year-old winger, but Kovalchuk adds a new element to the team’s top line as he made it clear that he wanted the opportunity to play next to a top-line center. Kovalchuk, might not produce the type of numbers he did five years ago when he was with New Jersey, but Kovalchuk is still expected to post at least a couple of 20-goal seasons for the Kings. He did score 63 goals in his last two seasons in the KHL, so his abilities remain high.

While the Kings took on the contract of Phaneuf in order to unload Marian Gaborik, the team may have got an overpaid player in Phaneuf, but they have a player who can play in the top-four still and immediately provided the team with some quality defensive play upon joining the team. He may no longer have the elite skills of a top-pairing defenseman, but he’s still good enough to provide important depth. Martinez has also been one of the team’s top defenders even if his offensive output went down this year. After two season with at least 30 points, he dropped to just 25 points last year. However, his defensive presence and more importantly his shot-blocking skills have been key for the Kings. He blocked a career-high 206 shots last season.

The Kings handed Pearson a four-year, $15.MM deal after last season when he had a breakout season, scoring 24 goals in the 2016-17 season. Before that he had just 27 goals over his first two years. However, he regressed last year, finishing the season with just 15 goals. The team will need more out of the 26-year-old if they want to keep their success going.

Four Or More Years Remaining

F Anze Kopitar ($10MM through 2023-24)
D Drew Doughty ($7MM next season; $11MM through 2026-27)
F Dustin Brown ($5.88MM through 2021-22)
G Jonathan Quick ($5.8MM through 2022-23)
F Jeff Carter ($5.27MM through 2021-22)

Kopitar, who inked an eight-year, maximum extension back in 2016, continues to prove his value to his contract as he posted up career numbers last year. The 30-year-old who once posted 81 points for the Kings back in the 2009-10 season, finally broke that career-high this year with a 92-point season, including a career-high 35 goals. While few people believe that Kopitar can repeat that type of success a second straight year, Kopitar should be good for 70-80 points and is likely going to be playing with Kovalchuk at his side, which can’t hurt his numbers.

Doughty just signed an extension of his own this summer. While he’ll make a solid $7MM next season, that number bumps up to a team-high $11MM for the next eight years after that. The extension came at the right time as the 28-year-old posted a career-high of 60 points last year, but an eight-year deal now will run until he’s 36 years old, which could hurt the team’s long-term outlook.

The 33-year-old Brown finally had a big season for the club. He scored 28 goals. However, Brown hasn’t tallied that many goals since the 2010-11 season. In fact, his goal numbers have decreased since then as he went from 28 to 22 to 18 to 15 to 11 to 11 and then to 14 in the 2016-17. To assume that Brown, who is in the middle of an eight-year, $47MM deal, can repeat those goal numbers after five years of mediocrity is unlikely. Carter, however, may be the opposite. The 33-year-old suffered a severe cut to his left leg that forced him to miss all, but 27 games of the season last year. He still managed to score 13 goals upon his return, but Carter should return to his standard numbers this season as he’s tallied at least 24 goals over the previous five seasons.

Quick bounced back after an injury-plagued 2016-17 season. As goaltender salaries continue to rise in the NHL, Quick is proving to be one of the best deals in the NHL at $5.8MM, which is right in the middle of NHL goalie salaries. Quick posted a 2.40 GAA and more importantly a .920 save percentage in 64 games. The team is so confident in his health that they traded solid backup Darcy Kuemper to Arizona and are using Campbell as their backup. The team even has a top goalie prospect in the wings in Cal Petersen, but it’s unlikely that Quick will give him an opportunity to do more then eventually be a backup.

Buyouts

D Matt Greene ($833K in 2018-19)

Retained Salary Transactions

None

Salary Cap Recapture

F Mike Richards ($1.32MM through 2019-20)

Still To Sign

None

Best Value: Quick
Worst Value: Brown

(Excluding entry-level contracts)

Looking Ahead

The Kings are obviously hoping that the addition of Kovalchuk will push the Kings from a playoff team into a Stanley Cup contender, but they are also battling with time as much of the team is over 30 years old now. Even Kopitar has hit 30, suggesting that time is not on their side for very long. Add in that many of those mid-30 players are on long-term deals and the team will have some trouble adding too much more help, which will force them to look at youth. With a little luck a player like Vilardi or one of those college free agents can help, but so far they have had little help.

Photo courtesy of USA Today Sports Images.

Los Angeles Kings| Salary Cap Deep Dive 2018 Adrian Kempe| Alec Martinez| Alex Iafallo| Anze Kopitar| Cal Petersen| Daniel Brickley| Darcy Kuemper| Derek Forbort| Dion Phaneuf| Drew Doughty| Dustin Brown| Dustin Brown| Ilya Kovalchuk| Jake Muzzin| Jeff Carter| Jonathan Quick| Jonny Brodzinski| Kyle Clifford| Marian Gaborik| Matt Greene| Mike Richards| Nate Thompson| Oscar Fantenberg| Peter Budaj| Salary Cap

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Salary Cap Deep Dive: Calgary Flames

August 18, 2018 at 9:44 am CDT | by Brian La Rose Leave a Comment

Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Calgary Flames

Current Cap Hit: $71,961,710 (under the $79.5MM Upper Limit)

Entry-Level Contracts

Matthew Tkachuk (one year, $925K)

Potential Bonuses

Tkachuk: $850K

Tkachuk followed up a strong rookie season with an improved sophomore campaign as he jumped up to a tie for second on the Flames in goals with 24 while playing his usual gritty style.  He has quickly emerged as a core player and is someone that they will likely be looking to lock up to a long-term deal before too long.

One Year Remaining, Non-Entry-Level

F Sam Bennett ($1.95MM, RFA)
F Garnet Hathaway ($850K, UFA)
D Brett Kulak ($900K, RFA)
F Curtis Lazar ($950K, RFA)
D Dalton Prout ($800K, UFA)
G David Rittich ($800K, RFA)
G Mike Smith ($4.25MM, UFA*)

* – Arizona is retaining an additional 25% of Smith’s contract.

For the most part, this group is primarily comprised of Calgary’s depth players.  Bennett, the fourth-overall pick in 2014, has had several opportunities to step up and grab a top-six role but he has yet to do so thus far.  His goal production and average ice time have dipped each of the last two years which is not the type of progression they want to see.  With a new head coach behind the bench in Bill Peters, Bennett will get another fresh start to try to prove he’s part of the core long-term.  If he struggles though, he will quickly become a trade candidate (and if things go really poorly, a non-tender candidate as well).  Lazar is another first-rounder that has yet to live up to his draft billing.  He’s another player that’s likely in a make-or-break year.  He shouldn’t get much more than his current contract on his next deal though.  Hathaway avoided arbitration last month with his contract and will once again be on the fourth line.

Kulak cleared waivers last month in advance of his arbitration hearing but he still projects to play a regular role on Calgary’s back end as their number six.  If that holds up throughout the season, he should position himself for a small raise.  Prout is pegged to be a veteran reserve option.  Whether it’s him or someone else in that role beyond next season, the price point is going to be pretty much the same.  Rittich will battle with Jon Gillies for the backup goalie job and considering that he’s waiver-eligible while Gillies isn’t, that could give him a leg up on the spot.  If he can hold his own playing roughly 25 games, he’ll set himself up for a decent raise, especially since he will once again have arbitration eligibility.

Smith’s case is the biggest one.  He’s coming off of a solid first season between the pipes in Calgary but a late-season injury resulted in the team utilizing Gillies and Rittich down the stretch.  He’ll turn 37 in March so while he might have a year or two left after this one, he’s not the long-term option for them between the pipes.  While there are some quality potential UFA goalies elsewhere, chances are that at least a few of them will re-sign before next summer so the Flames will have to decide if he’s their guy for another season or two after this one or if they’ll be looking elsewhere.  If they opt to keep him, he’s likely looking at a deal between what the Flames are covering and his current AAV ($5.67MM) as his age and injury history will hurt his market value somewhat.

Two Years Remaining

D T.J. Brodie ($4.65MM, UFA)
F Austin Czarnik ($1.25MM, UFA)
F Michael Frolik ($4.3MM, UFA)
D Travis Hamonic ($3.86MM, UFA)
F Mark Jankowski ($1.65MM, RFA)
D Michael Stone ($3.5MM, UFA)

Up front, Frolik is coming off of his worst full season since 2011-12.  While he fit in as part of their top-six at the beginning of the contract, he’s more of a third liner at this stage which makes his deal a bit of an overpayment.  Jankowski’s rookie campaign was a successful one as he tallied 17 goals and took hold of a regular spot in the lineup which helped him earn a nice raise on his bridge deal.  If he hovers around the 20 goal mark for the upcoming two seasons, he could potentially double that on his next contract.  Czarnik’s contract raised some eyebrows given his lack of NHL experience but he has been a prolific point producer in the minors and will now get a chance to show his stuff in the NHL.  If he thrives, this could be one of the bargain deals of the summer.  If he struggles though, it’s plausible that he could be on waivers before too long.

While Brodie’s output dipped for the second straight year, he’s still on a team-friendly deal as someone as their number two defender in terms of ice time.  Players with his particular skill set are becoming more and more in demand which will only help his case.  He’ll be hitting the open market at 30 and should command more than $6MM per season.  Hamonic isn’t being asked to shoulder as much of the load as he did with the Islanders but that shouldn’t affect his market value too much.  He’s still viewed as a high-quality defensive defender and could push for $5MM on his next deal.  Stone hasn’t been playing at the level he was back in Arizona but he’s also being asked to play a lesser role.  He’s primarily on the third pairing but serves as quality injury insurance.

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Three Years Remaining

F Derek Ryan ($3.125MM, UFA)

Ryan secured his first multi-year NHL deal at the age of 31 earlier this summer as he joined the Flames at the opening of free agency, reuniting him with head coach Bill Peters in the process.  The undersized center is coming off of a 38-point season while winning 56.5% of his faceoffs.  If he can provide that type of production in Calgary, this has the potential to be a pretty strong value contract.

Four Or More Years Remaining

F Mikael Backlund ($5.35MM through 2023-24)
F Johnny Gaudreau ($6.75MM through 2021-22)
D Mark Giordano ($6.75MM through 2021-22)
F Elias Lindholm ($4.85MM through 2023-24)
F Sean Monahan ($6.375MM through 2022-23)
F James Neal ($5.75MM through 2022-23)

Given his lack of a track record at the time, Calgary took a bit of a risk giving Gaudreau this contract after just two NHL seasons.  It’s safe to say their faith has been rewarded and then some as he has become one of the more dominant (and consistent) offensive wingers in the league.  Monahan hasn’t kept pace offensively with Gaudreau but is a legitimate number one center on the Flames at a rate that isn’t much higher than what some second liners are receiving.  Having two-thirds of their top line locked up at their current rates for the next four years is certainly a boon for the Flames.

Neal was Calgary’s prime free agent acquisition and they hope that he can boost an attack that was sixth-last in the league last season.  While his point production has dwindled the last couple of years, he is still a reliable goal scorer, notching at least 22 goals in each of his ten NHL seasons.  Lindholm, another offseason pickup, should battle with Neal to get a shot to play on that top line.  He has had at least 39 points in each of the last four years but hasn’t passed 45 in that span either.  With the contract he got, Flames management clearly believes he has another level to reach.  Backlund is coming off his quietest season since 2014-15 but with some more firepower on the offense now, he should see a boost in his numbers which will make his deal more justifiable.

While Giordano’s days of being one of the higher point producers on the back end have come and gone, he’s still a quality number one blueliner at this stage of his career.  However, he’ll be 35 when the season starts so it wouldn’t be too surprising if they start to slowly lower his minutes in the near future.  There’s a good chance that the final year or two of the deal may be a bit rough but he’ll have provided enough surplus value on this contract by then to compensate for that.

Buyouts

F Lance Bouma ($767K in 2018-19)
F Troy Brouwer ($1.5MM through 2021-22)
D Ryan Murphy ($138K in 2018-19)

Retained Salary Transactions

None

Still To Sign

D Noah Hanifin
F Hunter Shinkaruk

Best Value: Brodie
Worst Value: Frolik

(Excluding entry-level contracts)

Looking Ahead

While the Brouwer buyout frees up the money to lock up Hanifin long-term if they so desire, they’re still facing a bit of a cap crunch in the near future.  Tkachuk is going to get a sizable raise for 2019-20 even if it’s a bridge contract while they will have to re-sign or replace Smith.  They don’t have any other expiring contracts of note to free up extra room to work with either.  It’s not an impossible task to work with but fans in Calgary better get used to being up against the Upper Limit pretty quickly as they’re going to be near there for the next couple of years at least.

Photo courtesy of USA Today Sports Images.

Calgary Flames| Salary Cap Deep Dive 2018

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Salary Cap Deep Dive: New Jersey Devils

August 16, 2018 at 7:39 pm CDT | by Brian La Rose Leave a Comment

Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

New Jersey Devils

Current Cap Hit: $61,343,333 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Joey Anderson (two years, $925K)
F Jesper Bratt (two years, $749K)
D Will Butcher (one year, $925K)
F Nico Hischier (two years, $925K)
F Pavel Zacha (one year, $894K)

Potential Bonuses

Bratt: $93K
Butcher: $2.85MM
Hischier: $2.85MM

Total: $6.63MM

Hischier wasn’t among the rookie scoring leaders when all was said and done but the number one pick in 2017 still made his mark by finishing second in team scoring while ascending to a top-six role as a center quickly instead of being eased in as a winger.  That should have him in line to potentially max out his Schedule ‘B’ bonuses ($850K) but he’ll have a hard time locking down the loftier Schedule ‘A’ one.  He’ll be eligible for a contract extension next summer and it will be interesting to see if the Devils look to lock him up early or let him play out his contract and wait until the 2020 offseason to work something out.

Bratt was a big surprise last season.  Only one year removed from being a sixth-round pick, he wasn’t even on the radar to make the team but wound up playing over 15 minutes a night while providing strong secondary scoring.  A repeat performance could make him an early extension candidate as well.  Zacha has disappointed over his first two NHL seasons as he has to make much of an impact offensively.  He has the size and skills to carve out a big role but has yet to do so thus far.  Even if he rebounds next season, he’s a strong candidate for a bridge deal.  Anderson has yet to play in the pros but New Jersey thinks highly enough of him that they burned the first year of his entry-level deal in mid-April without him playing even a single game.  With that in mind, it’s reasonable to think they expect him to make an impact fairly quickly.

As for Butcher, he made a strong impact coming over in free agency after declining to sign with Colorado.  While he was sheltered (as many rookie blueliners often are), he made an immediate impact at the offensive end and is poised to take on a bigger role in 2018-19.  He should hit at least some of his ‘B’ bonuses (also $850K in total) but the ‘A’ one is going to be out of reach.

One Year Remaining, Non-Entry-Level

F Brian Boyle ($2.75MM, UFA)
F Marcus Johansson ($4.583MM, UFA)
G Keith Kinkaid ($1.25MM, UFA)
D Ben Lovejoy ($2.67MM, UFA)
D Mirco Mueller ($850K, RFA)
F Stefan Noesen ($1.725MM, RFA)

Johansson was New Jersey’s big acquisition last summer but concussion trouble limited him to just 29 games.  When healthy, he is still a quality top-six forward capable of playing all three positions and a full season could help him land a nice raise on the open market.  However, another injury-filled campaign could have him settling for a one-year deal next summer.  Boyle’s start with the Devils got off to a rough start after being diagnosed with leukemia but he made an immediate impact upon his return and scored 13 times for the third straight year while winning the Masterton Trophy.  It’s hard to see him really boosting his pay on his next deal, however, as he’ll be 34 and some teams are starting to look for cheaper role players now.  Noesen had a career year last season which earned him a $1.125MM raise but if he takes a step backwards next season, he could become a non-tender candidate.

Lovejoy was a regular in his first season with the Devils but was more of a depth player at times for them last year, spending a lot of time as a healthy scratch.  That appears likely to continue as their back end remains intact which means that he will be taking a considerable pay cut on his next deal.  Mueller missed over 30 games with a fractured clavicle and was also scratched at times which resulted in what’s basically a one-year bridge deal.  If he’s in a similar role for 2018-19, he will be in line for another deal like that next offseason.

Kinkaid’s case is particularly interesting.  He re-signed last summer as someone without too much of an NHL track record.  That changed last season as he got into 41 games, took over the number one job briefly, and posted numbers around the league average.  That may not sound too exciting but a similar performance next year will still have him well-positioned for a sizable pay increase.

Two Years Remaining

D Andy Greene ($5MM, UFA)
F Taylor Hall ($6MM, UFA)
D Sami Vatanen ($4.875MM, UFA)

Hall’s stellar showing last season has been well documented.  The Hart Trophy winner shattered his career highs across the board and was a huge factor in them getting to the postseason.  Even if he takes a step back next season, he’ll still be in line for a notable raise on an early extension.  If he has a comparable performance in 2018-19 though, it’ll likely take putting him close to the league leaders in salary to get him to forego free agency.

Vatanen wasn’t quite as productive as expected after being acquired from Anaheim but he was still able to step up and play a number one role.  With the state of their back end, that’s going to be the case again next season which will be helping to make a case for his next deal starting with a six or a seven to be more in line with top-pairing players.  Greene has become more of a shutdown player compared to a few years ago which makes his deal a little bit of a premium.  Between that and his age (he’ll be 36 next summer), there’s a very good chance that he’ll be asked to take a pay cut on his next contract.

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Three Years Remaining

F Blake Coleman ($1.8MM, UFA)
F Kyle Palmieri ($4.65MM, UFA)
D Steven Santini ($1.42MM, RFA)
F Travis Zajac ($5.75MM, UFA)

Zajac’s deal was widely viewed as risky at the time it was signed (early in the lockout-shortened 2012-13 campaign) and while he has posted three seasons of 42 or more points since then, he hasn’t exactly rewarded New Jersey’s faith in him.  He also has a full no-trade clause which could hinder any efforts to move him.  Palmieri’s extension was also a bit of risk at the time as he had just one productive year under his belt, his inaugural season with the Devils.  However, he has lived up to the billing and is giving them close to a top-line level of play for what is quickly becoming the price for second-line wingers.

Coleman is just coming off of his first full NHL campaign and emerged as a capable bottom-six forward last year that can play both the wing and down the middle.  If he can continue to hover around the 25-point mark, they’ll get a decent return for their money.  Santini’s deal was just signed earlier this week and while he has only played sparingly at the NHL level thus far, he did average over 20 minutes a night in half a season last year.  At a time where players like that are getting locked up for much more money, this is a deal that could become a real bargain if he’s back in a similar role over the next few years.

Four Or More Years Remaining

G Cory Schneider ($6MM through 2021-22)
D Damon Severson ($4.17MM through 2022-23)

While he struggled at times last year, Schneider is still viewed as one of the better starters around the league.  He’s tied for the eighth-highest cap hit among goaltenders heading into next season which is about right.  By the time this deal is up, he’ll probably be among the bottom half in AAV among starting netminders so this deal should still be a good one at the end of it.

As for Severson, he took a small step back last season but still held down a top-four role.  This contract was signed with the hope that he’d be able to build upon his 31-point showing in 2016-17 and they will be counting on him to do that starting next season.  Even if he hovers close to the 24 he put last year though, they should still get decent value if he can stick on the second pairing.  Worth noting is that this is a fairly back-loaded deal – only 22% of the total salary is paid in the first two years so if they decide to try to move him later on, the acquiring team will be taking on a fair bit more money than the cap hit by the end.

Buyouts

F Mike Cammalleri ($1.67MM through 2020-21)
F Devante Smith-Pelly ($225K in 2018-19)

Retained Salary Transactions

None

Salary Cap Recapture

F Ilya Kovalchuk ($250K through 2024-25)

Still To Sign

F Miles Wood

Best Value: Hall
Worst Value: Zajac

(Excluding entry-level contracts)

Looking Ahead

Things are looking up for New Jersey.  They have a decent young nucleus to work around with plenty of short- and long-term salary cap flexibility to lock up their core players while trying to add to it through trade or free agency (something they haven’t had a lot of success doing just yet).  They will be in tough in the Metropolitan Division once again but brighter days are certainly ahead.

Photo courtesy of USA Today Sports Images.

New Jersey Devils| Salary Cap Deep Dive 2018

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Salary Cap Deep Dive: Pittsburgh Penguins

August 13, 2018 at 7:45 pm CDT | by Brian La Rose 6 Comments

Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Pittsburgh Penguins

Current Cap Hit: $78,480,000 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Jake Guentzel (one year, $734K)

Potential Bonuses:

Guentzel: $133K

Guentzel’s first full NHL season was a strong one as he finished sixth on the team in scoring while showing he could play well in a top-six role.  That type of success has him poised to land a considerable raise on his next contract.  His situation somewhat mirrors that of Conor Sheary, who also largely came out of nowhere to show some chemistry with Sidney Crosby and be productive.  He landed $3MM per year on his second deal and that’s going to represent the floor for a new contract for Guentzel.

One Year Remaining, Non-Entry-Level

F Derick Brassard $3MM, UFA*)
F Matt Cullen ($650K, UFA)
G Casey DeSmith ($675K, UFA)
F Derek Grant ($650K, UFA)
F Carl Hagelin ($4MM, UFA)
F Jimmy Hayes ($650K, UFA)
D Chad Ruhwedel ($650K, UFA)
F Riley Sheahan ($2.1MM, UFA)

* – Vegas is retaining an additional $2MM on Brassard’s deal

Pittsburgh paid a notable price to bring in Brassard late last season and the move didn’t exactly pay immediate dividends.  While he certainly gives them even more enviable depth down the middle, they’ve kicked around the idea of making him a top-six winger as well.  At either rate, Brassard should be able to command something slightly above the $5MM he’s currently making when he hits free agency which is going to probably make him too pricey to keep around.  Even if he plays at the wing next season, there will be plenty of teams that view him as a center and with the demand for that position only getting stronger, he will have plenty of suitors on the open market.

Hagelin’s addition (one that cost them David Perron and Adam Clendening) is one that the Penguins would probably like back in hindsight.  His speed is a real weapon but he has produced more like a third liner than a top-six forward.  Given how tight they are to the cap, they can’t have too many inefficiencies like that on their books.  Unless he’s willing to take a big pay cut, he likely won’t be back.  Sheahan fit in nicely after being acquired early on from Detroit.  He’ll slot in as the fourth line center (unless Brassard moves to the wing) which will limit his potential for a raise on his next contract.  DeSmith will hold down the fort as the backup while allowing Tristan Jarry to take advantage of his waiver exemption and play a starting role in the minors and then will likely cede his spot to Jarry for 2019-20.

As for the other four, none project to have a particularly notable role for the upcoming season and are basically just cheap roster fillers.  They’ll either be retained around that rate for next year or be replaced by someone else that’s willing to play for the league minimum (which moves to $700K in 2019-20).

Two Years Remaining

G Matt Murray ($3.75MM, RFA)
D Justin Schultz ($5.5MM, UFA)
F Dominik Simon ($750K, RFA)
F Daniel Sprong ($750K, RFA)

Murray’s first full season as the undisputed starter for Pittsburgh didn’t quite go as well as anticipated.  He struggled to stay healthy and wasn’t quite as effective as he was the year before.  If that continues, his next contract wouldn’t be for much more than his current one.  However, if he establishes himself as a high-end number one starter within the next two years, he could double his current deal (and potentially then some).  Needless to say, he’ll have a lot on the line over the next 24 months.

Schultz wasn’t able to come close to repeating his performance from the year before, the one that earned him his current contract.  They’ll be counting on him to rebound next season and if that doesn’t happen, he’ll start to be involved in trade speculation before too long.  Simon and Sprong are both youngsters that will be looking to establish themselves as full-time NHL players.  Assuming that happens over the next two seasons, they should be in line for a decent raise; Sprong has the higher-end earning potential if he can lock down a top-six spot over that stretch.

Three Years Remaining

D Jamie Oleksiak ($2.138MM, UFA)

Oleksiak fit in nicely after being acquired in a midseason deal from Dallas.  He’ll slot in on their third pairing and while that cap hit may be a little high for someone that’s likely to be a number six defender, they’ll certainly be pleased with having a bit more stability in that role after rotating a few different players through that spot in recent years.

Read more

Four Or More Years Remaining

F Sidney Crosby ($8.7MM through 2024-25)
D Brian Dumoulin ($4.1MM through 2022-23)
D Jack Johnson ($3.25MM through 2022-23)
F Phil Kessel ($6.8MM through 2021-22*)
F Patric Hornqvist ($5.3MM through 2022-23)
D Kris Letang ($7.25MM through 2021-22)
D Olli Maatta ($4.083MM through 2021-22)
F Evgeni Malkin ($9.5MM through 2021-22)
F Bryan Rust ($3.5MM through 2021-22)

* – Toronto is retaining an additional $1.2MM on Kessel’s deal

It’s safe to say that Pittsburgh’s core is unlikely to undergo much in the way of changes anytime soon with this many long-term deals on the books.

Crosby’s deal is one of the back-diving deals that is now outlawed in the CBA.  He has provided considerable value on it already and should continue to do so for a few more years at least.  Worth noting is that the final three years of his deal see his salary drop to $3MM per year.  Malkin is the highest-paid second line center in the league but considering he’d be a number one on many teams, it’s not really an overpayment.  For all of the flak Kessel receives about his all-around game, he’s still one of the more prolific offensive wingers in the game and as salaries continue to rise, the portion of Kessel’s deal that Pittsburgh is paying equates to pretty good value.

Hornqvist signed his deal partway through last season and while he probably left some money on the table in terms of an AAV, he managed to secure an impressive five-year term.  Given his style of play, the Penguins will reap the benefits now but the last year or two is going to carry considerable risk.  The team clearly believes the best is yet to come from Rust who has yet to surpass 15 goals in a single season but he has fared well in a top-six role.  Even so, he could be a candidate to be moved for salary cap purposes down the road, much like Sheary was earlier this offseason.

On the back end, Letang, when healthy, gives the Penguins a legitimate top pairing player.  However, staying in the lineup has been a question over the past several years (although he suited up 79 times last season, his most since 2010-11).  His defensive game is a concern but he is still one of the better offensive threats on the back end.  Maatta hasn’t really blossomed into the top defender the team was envisioning but he still fills an important role and at the age of 24, they’re certainly hopeful that there is room for improvement.  If not, a mid-tier defender at this price point still isn’t a bad deal.

Dumoulin isn’t going to produce much but he has become a heavily relied upon shutdown player in recent years and plays a key role for them at a pretty good price point.  Johnson’s deal has been widely debated already – although the cap hit isn’t terrible for a player not far removed from being a true top-four defender, they’re running a fair bit of risk with a five-year term.  Like Hornqvist, this deal could be a tough one in the final year or two.

Buyouts

None

Retained Salary Transactions

None

Still To Sign

None

Best Value: Crosby
Worst Value: Hagelin

(Excluding entry-level contracts)

Looking Ahead

The Penguins once again head into the upcoming season with minimal salary cap flexibility.  With more than $52MM locked up in nine players through 2021-22, that projects to be the case for the foreseeable future as well.  However, GM Jim Rutherford has been adept at finding ways to free up extra space before so if the opportunity presents itself to make an in-season move to improve the team, there’s a good chance he’ll find a way to make it happen.

Photo courtesy of USA Today Sports Images.

Pittsburgh Penguins| Salary Cap Deep Dive 2018

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Salary Cap Deep Dive: Columbus Blue Jackets

August 12, 2018 at 3:52 pm CDT | by Holger Stolzenberg 1 Comment

Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Columbus Blue Jackets

Current Cap Hit: $73,890,832 (under the $79.5MM Upper Limit)

Entry-Level Contracts

D Zach Werenski (one year remaining, $925K)
F Pierre-Luc Dubois (two years remaining, $894K)
F Sonny Milano (one year remaining, $863K)

Potential Bonuses

Dubois: $2.5MM
Werenski: $800K
Milano: $400K

Total: $3.7MM

The Blue Jackets got a big boost from Dubois who should provide the team with a top center for quite a long time as the 20-year-old had a solid rookie campaign as he posted 20 goals and 48 points. Those numbers should exponentially increase as he gets older, bigger and more comfortable in the league. It wouldn’t be surprising at all to see him develop into a 60-70 point player this year already. And with two years remaining, he will continue to be a bargain for some time.

Werenski had a mixed bag of a season as he saw his points totals drop from his rookie season (47 points) to his second season (37 points). Yet his goal totals increased from his rookie season (10) to his sophomore season (16). However, Werenski underwent surgery for a shoulder injury that had been causing him pain since October, suggesting he played injured all season. A fully healthy Werenski could give the team one of the top young defensemen in the league.

Milano arrived with much fanfare, but he struggled finding a permanent place in the lineup, as he often received relatively few minutes on the third line due to his struggles on defense. However, Milano showed flashes of scoring ability as the 22-year-old posted 14 goals in 55 games. With a year under his belt, Milano might be able to take those numbers to a much bigger level if he can prove he can play a two-way game for coach John Tortorella.

One Year Remaining, Non-Entry-Level

G Sergei Bobrovsky ($7.43MM, UFA)
F Artemi Panarin ($6MM, UFA)
D Ryan Murray ($2.83MM, RFA)
G Joonas Korpisalo ($900K, RFA)
F Lukas Sedlak ($825K, RFA)
F Alex Broadhurst ($725K, RFA)
F Markus Hannikainen ($675K, RFA)
D Scott Harrington ($675K, RFA)
F Anthony Duclair ($650K, RFA)

The biggest news all offseason is the fact that Panarin has told Columbus general manager Jarmo Kekalainen says he’s not ready to discuss an extension. Despite the GM’s attempt to speak to Panarin to convince him to stay, it looks like Panarin wants to head elsewhere once his contract expires at the end of the season and he becomes a unrestricted free agent. The 27-year-old winger posted a career-high 82 points after being acquired from the Chicago Blackhawks, but seems to be looking to play in a city with a more diverse market. While there have been rumors that Kekalainen has been looking into trading options, little has come from it. The team may opt to wait until the trade deadline, but that could also lessen the return.

Perhaps more concerning is the contract situation with Bobrovsky. The 30-year-old goaltender is also in the final year of his contract. While there is no talk of leaving Columbus, the Blue Jackets have to be somewhat concerned about the veteran goaltender’s asking price. He will be 32 years old when his next contract takes effect, but Bobrovsky wants term, the team could be paying him until he’s 40 years old and it’s extremely likely that the goalie will take less money than the $7.43MM he’s making on this contract. However, that’s a lot of money to be handing out to an aging goaltender. Bobrovsky’s numbers are still good as he posted a 2.42 GAA and an impressive .920 save percentage in 63 games. However, his struggles in the playoffs isn’t working for him either. Regardless, the team could find itself in quite the contract negotiations in the coming summer.

Duclair is another interesting player, who signed a one-year deal after disappointing in both Arizona and Chicago. The 22-year-old opted to sign a minimum “show me” contract to prove he belongs in the NHL, but he’s struggled to produce over the years after a successful season back in 2015-16 when he potted 20 goals. Since then, he’s managed to post just 16 goals in two seasons. If he can find his game in Columbus, the Blue Jackets could still retain him as he’s a restricted free agent.Read more

Two Years Remaining

F Josh Anderson ($1.85MM, RFA)
D Dean Kukan ($725K, RFA)

With two years remaining on his deal, the team likes what it sees in Anderson, but still hopes to see even more offense. The 24-year-old did collect 19 goals this year, two more goals than his previous season and in 15 less games, so he’s improving. He also has managed to almost cut in half his penalty minutes. However, the team will need to see more offense if he wants to stay on after two years for any significant salary. Kukan, on the other hand, might be ready to take a full-time role with Columbus after the 25-year-old split time between Columbus and Cleveland of the AHL.

Three Years Remaining

F Brandon Dubinsky ($5.85MM, UFA)
F Nick Foligno ($5.5MM, UFA)
D David Savard ($4.25MM, UFA)
F Riley Nash ($2.75MM, UFA)
F Oliver Bjorkstrand ($2.5MM, RFA)

While many feel that Dubinsky still has some gas left in the tank, it’s looking more and more like his contract could prove to be an anchor to the team’s long-term salary cap success. After posting at least 12 goals and 40 points for the previous four seasons, Dubinsky tallied just six goals and 10 assists and his productivity may be at an end for the 32 year old. Unfortunately, he has three more years at $5.85MM, which are numbers handed to a second-line center, not a fourth-liner. Another poor season could see Columbus try to dump his contract as quickly as possible. Foligno is in a similar boat as he had one of the worst seasons of his career as he posted just 15 goals and 33 points. The 30-year-old also could be in decline unless he can have a bounce-back season.

The hard-hitting Savard proved to have a solid season after being separated from long-time partner Jack Johnson, but found his game after being paired with trade deadline acquisition Ian Cole. While his offensive numbers decreased (23 points down to 16 points this year), the 6-foot-2, 227-pound Savard was a solid presence on the blue line and hopefully has a few more years left in the tank. Nash should provide some veteran depth on the team’s bottom-six.

Bjorkstrand finally was handed a full-time position with Columbus as he played 82 games last season, but the 23-year-old winger delivered, posting 11 goals and 40 points with the potential to be a breakout candidate.

Four Or More Years Remaining

F Cam Atkinson ($5.88MM through 2024-25)
D Seth Jones ($5.4MM through 2021-22)
F Alexander Wennberg ($4.9MM through 2022-23)
F Boone Jenner ($3.75MM through 2021-22)
D Markus Nutivaara ($2.7MM through 2021-22)

Much of the success of Columbus and its future will fall on the shoulders of Atkinson, who had a breakout season in 2016-17 with 35 goals and 62 points and was rewarded with a seven-year, $41.13MM extension. He responded with a disappointing season as he tallied 24 goals and 46 points in 65 games. He did deal with multiple injuries that may have had an effect on that season, but Atkinson must step up and prove he was worthy of that contract which kicks in this year if Columbus has any chance to take that next step and go deeper into the playoffs.

Jenner is another player who has seen his numbers drop significantly after a big season. Jenner posted a 30-goal season back in 2015-16, but has been unable to duplicate that season. The 25-year-old has managed just 31 goals in the past two years combined, but provides much-needed physicality as he has posted more than 200 hits in each of the last four seasons. Wennberg is another center who struggled with injuries all season and had a down year. After posting a 59-point season in 2016-17, he managed just 35 points and found himself playing on the team’s third line for quite a while. However, if he can remain healthy, he could easily work his way back to the team’s No. 2 center position.

Jones had a breakout season for the Blue Jackets and could, along with Werenski, be two of the top defensemen in the league. The 23-year-old boasted career highs in goals (16), assists (41) and points (57) and he continues to improve and could find himself to be a Norris Trophy candidate as soon as next year if he keeps up his play.

 

 

Buyouts

D Fedor Tyutin ($1.46MM for 2018-19 and 2019-20)
F Scott Hartnell ($3MM in 2018-19 and $1.25MM in 2019-20 and 2020-21)

Retained Salary Transactions

None

Still To Sign

None

Best Value: Jones
Worst Value: Dubinsky

(Excluding entry-level contracts)

Looking Ahead

Columbus’ biggest problems are right in front of them and the success of their franchise may come down to Panarin’s situation. If the team trades him, they need to walk away with a solid return, so the team can move forward. Obviously, if Kekalainen can convince him to re-sign with the franchise, that would be the best-case scenario, but the team should look to trade him as soon as possible otherwise they will find themselves in similar situations to that of Erik Karlsson in Ottawa or Max Pacioretty in Montreal, as both of their values continue to shrink daily.

Photo courtesy of USA Today Sports Images

Columbus Blue Jackets| John Tortorella| Salary Cap Deep Dive 2018 Alexander Wennberg| Anthony Duclair| Artemi Panarin| Boone Jenner| Brandon Dubinsky| Cam Atkinson| Dean Kukan| Erik Karlsson| Fedor Tyutin| Ian Cole| Jack Johnson| Joonas Korpisalo| Josh Anderson| Markus Hannikainen| Markus Nutivaara| Max Pacioretty| Nick Foligno| Oliver Bjorkstrand| Pierre-Luc Dubois| Salary Cap

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Salary Cap Deep Dive: New York Rangers

August 11, 2018 at 6:20 pm CDT | by Holger Stolzenberg 1 Comment

Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

New York Rangers

Current Cap Hit: $73,823,569 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Pavel Buchnevich (one year remaining, $925K)
D Neal Pionk (one year remaining, $925K)
F Lias Andersson (three years remaining, $894K)
F Filip Chytil (three years remaining, $894K)
D Anthony DeAngelo (one year remaining, $863K)
G Alexandar Georgiev (two years remaining, $793K)

Potential Bonuses

Pionk: $850K
Andersson: $850K
Deangelo: $400K
Chytil: $350K

Total: $2.45MM

With the team in quick rebuild mode, there are some entry-level deals already and if the team continues to trend in that direction, they will have quite a bit more. The team’s most prominent player at the NHL level to date would be Buchnevich, who improved on his rookie campaign with a 14-goal, 43-point season last year. He saw more ice time as well, improving from 13:16 ATOI to 15:01 as well as saw significant time on the team’s power play, potting five goals and 11 assists with the man advantage and has earned himself a solid spot in the team’s top-six. Another improved season could see him being an expensive restricted free agent.

The team has high expectations for their two 2017 first-rounders in Andersson and Chytil. Both have shown excellent skills and have received some time playing for the NHL with Andersson seeing seven games, while saw nine games. Both are expected to earn time with the Rangers out of training camp, but both may find themselves on bottom-six lines unless they can prove that they can center the second or third lines in training camp.

One Year Remaining, Non-Entry-Level

F Kevin Hayes ($5.18MM, UFA)
F Mats Zuccarello ($4.5MM, UFA)
D Rob O’Gara ($874K, RFA)
F Cody McLeod ($750K, UFA)
D Fredrik Claesson ($863K, RFA)
F Peter Holland ($675K, UFA)
D Steven Kampfer ($650K, UFA)
G Marek Mazanec ($650K, UFA)

The team agreed to a one-year deal with Hayes, avoiding arbitration, but now face the possibility that Hayes could walk away at the end of the season as he will be unrestricted, which will force the team into two possible directions, including attempting to work out a long-term deal with the team after Jan. 1, 2019, or trading him, possibly at the trading deadline if the two sides can’t agree on anything. Hayes, who has been a jack of all trades playing multiple positions, seems to have developed into a solid center as he produced his best season ever, which included 25 goals, eight more than any previous year. The question is, do the Rangers view him as a fixture in their lineup as they continue to rebuild?

At age 30, Zuccarrello still puts up solid numbers, but despite the high-end minutes that the veteran gets, he falls into a similar category to that of Hayes where you have to ask whether he is in the team’s long-term plans. The winger is penciled in to play on the team’s top line once again, but has only put up 31 goals over the past two seasons. He does produce quite a few assists (81 over the past two years), but what the Rangers need more than anything is goals. Zuccarello will also turn 32 before he begins his next contract and at that age, how long are the Rangers willing to commit to him?

Two Years Remaining

F Chris Kreider ($4.63MM, UFA)
F Ryan Spooner ($4MM, UFA)
F Vladislav Namestnikov ($4MM, UFA)
F Jimmy Vesey ($2.28MM, UFA)
F Matt Beleskey ($1.9MM, UFA)
F Jesper Fast ($1.85MM, UFA)

Kreider is coming off a tough year in which he had to deal with blood clots and had surgery to relieve the pressure and missed almost two months of time. The 27-year-old didn’t have as solid of a season as he tallied just 16 goals in 58 games, which is a far cry from the 28 goals he scored in 2016-17 although a lot of that is due to the fact that his playing time dipped as the team didn’t want to play him too many minutes due to the blood clot issue. Regardless with a full offseason to rest and recuperate, Kreider should be able to bounce back as one of the team’s top scorers.

The team also have high expectations from two other forwards that the team acquired through at the trade deadline a year ago in Namestnikov and Spooner. Namestnikov was the biggest name to arrive in New York in the Ryan McDonagh trade with Tampa Bay. He was a key player for the Lightning, posting 20 goals and 44 points with them, but he actually lost playing time once he arrived in New York and put up just two goals and four points in 19 games. The team hopes that a new coach and proper training camp with his new team will make quite a difference. Spooner came over in the Rick Nash trade with Boston and has posted solid numbers with the Bruins over the past few seasons and could turn out to be a top-six wing or third-line center in New York. Between the two teams, Spooner combined for 13 goals and 28 assists.

The team also expect big things from Vesey, who signed as a undrafted collegiate free agent a couple of years ago and if finally starting to show that he belongs in the NHL. The 25-year-old winger has put up solid numbers for two years, but could find himself getting more opportunities in the team’s rebuild. In two years, he’s combined for 33 goals and 55 points.

Read more

Three Years Remaining

G Henrik Lundqvist ($8.5MM, UFA)
D Kevin Shattenkirk ($6.65MM, UFA)
D Marc Staal ($5.7MM, UFA)
D Brendan Smith ($4.35MM, UFA)

Lundqvist has made it clear he wants to stay with the Rangers, rebuild or not, but his numbers have steadily declined over the past four years when he posted a 2.25 GAA in 2014-15. However, those numbers have dropped each year to 2.48 in 2015-16, 2.74 in 2016-17 and finally to 2.98 GAA in 2017-18. Granted the defense that has surrounded the veteran has been horrible, but if Lundqvist can’t start rebounding, the team will have to find someone else to take some of his load in the future.

With a team looking to rebuild, the team does have quite a few contracts that suddenly don’t look that good anymore when it comes to their offseason signings last year of Shattenkirk and Smith. Shattenkirk put up solid numbers to start the season, but dealt with a knee injury in January and was eventually shut down. Regardless, the team can only hope the 29-year-old can bounce back and quarterback their offense, which was lacking this season. Smith, however, came into camp out of shape and struggled immensely before the team finally buried his contract in the AHL. Supposedly, Smith has been working out all summer and is expected to earn back a roster spot for this year.

Four Or More Years Remaining

F Mika Zibanejad ($5.35MM through 2021-22)
D Brady Skjei ($5.25MM through 2023-24)

Zibanejad is another center who seems to fall into a long line of players who fans wonder whether he’s good enough to be their future No. 1 playmaker. The 25-year-old, however, had a solid season, posting 25 goals and 47 points as their top-line center. He is locked up for another four years, so he’s likely to stay there unless Andersson and Chytil develop into that elite center the team has been looking for years.

Skjei signed his extension over the summer, and is expected to be a key contributor to the team for years. However, the problem is that Skjei regressed last year after a big rookie season. Whether it had something to do with the coaching or their defensive system or whether he wasn’t ready for a big role on the team’s defense, Skjei struggled to produce points, posting just 25 points after scored 39 the previous year. Regardless, most feel that Skjei will bounce back and be one of the team’s top defensemen over the next few years.

Buyouts

D Dan Girardi ($3.61MM in 2018-19 and 2019-20; $1.11MM in 2020-21, 2021-22 and 2022-23)

Retained Salary Transactions

None

Still To Sign

None

Best Value: Zibanejad
Worst Value: Smith

(Excluding entry-level contracts)

Looking Ahead

The Rangers future, however, looks bright as they have no contracts that will hold the team hostage in four years, meaning New York can build their future now and sign their best players without having to worry about big contracts weighing down their team. Granted, the team still must deal with four big contracts in Shattenkirk, Smith, Staal and Lundqvist for the next three years, but hopefully the team and new coaching staff can get more out of that group next year. Regardless, if the team can develop talent, they are in good long-term position to rebuild this franchise.

Photo courtesy of USA Today Sports Images.

AHL| Arbitration| New York Rangers| RFA| Salary Cap Deep Dive 2018 Anthony DeAngelo| Brady Skjei| Brendan Smith| Chris Kreider| Cody McLeod| Dan Girardi| Filip Chytil| Fredrik Claesson| Henrik Lundqvist| Jesper Fast| Jimmy Vesey| Kevin Hayes| Kevin Shattenkirk| Lias Andersson| Marc Staal| Marek Mazanec| Mats Zuccarello| Matt Beleskey| Mika Zibanejad| Neal Pionk| Pavel Buchnevich| Peter Holland| Salary Cap

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Salary Cap Deep Dive: New York Islanders

August 11, 2018 at 11:27 am CDT | by Brian La Rose Leave a Comment

Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

New York Islanders

Current Cap Hit: $68,940,833 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Mathew Barzal (two years remaining, $863K)
F Anthony Beauvillier (one year remaining, $894K)

Potential Bonuses

Barzal: $400K
Beauvillier: $213K

Total: $613K

Barzal had a masterful rookie season as he took home the Calder Trophy while finishing fifth in the league in assists.  He also had one more point than John Tavares which should give fans some hope that they still have a top center to build around.  He’s well on pace to bypass a bridge deal and is someone that they may look to give an early extension to next summer.  Beauvillier took a nice step forward in the goal-scoring department last season as he more than doubled his rookie season output and should slot in nicely in their top-six for 2018-19.  Another step forward could make him a likely candidate for a long-term deal as well.  From a bonus perspective, both players should be able to hit their targets for next year but they have more than enough cap room to easily absorb those.

One Year Remaining, Non-Entry-Level

F Jordan Eberle ($6MM, UFA)
F Valtteri Filppula ($2.75MM, UFA)
F Jan Kovar ($2MM, UFA)
F Tom Kuhnhackl ($700K, UFA)
F Anders Lee ($3.75MM, UFA)
G Robin Lehner ($1.5MM, UFA)
F Brock Nelson ($4.25MM, UFA)

After losing a big part of their attack in Tavares this summer, New York is facing the prospect of that happening again with three of their top eight scorers being eligible for unrestricted free agency next summer.  The most notable among that group is Eberle who was a nice addition to their forward group two years ago and he hasn’t missed a beat since leaving Edmonton.  He’s a consistent 20-goal scorer and if he doesn’t sign an extension, he will be entering the market at the age of 29 so while Eberle probably won’t be able to command a significant raise, a deal close to the maximum term isn’t entirely out of the question, especially if he can get close to the 60-point mark once again.

Lee followed up a surprising 34-goal 2016-17 campaign with a 40-goal performance last season which makes his current deal one of the better bargains around the league.  With goal scoring at a premium, he should easily be able to hit $6MM or more on his next deal.  Nelson isn’t a top center and may be better suited to be a high-end third pivot than a second-liner but he is quite consistent in his production which will help his case in free agency and should help him get a small raise on the deal he signed to avoid arbitration last month.

Kovar was one of the more intriguing signings in free agency.  He’s coming off of a quieter year in the KHL but has been a top point producer in the past which gives them some upside.  With no NHL background, it’s hard to forecast what his new deal may look like.  They have some insurance in Filppula if Kovar struggles but it wouldn’t be shocking to see the team look to try to move the veteran Finn by the trade deadline although they’ll have a no-move clause to contend with.  Kuhnhackl should battle for a fourth line spot after joining the team from Pittsburgh and after getting non-tendered this summer, he’s not going to be commanding a big raise on his next deal.

Lehner is looking to rebound from a rough year in Buffalo.  A solid showing even in a platoon role would help get him some multi-year offers in July but if he continues to slide and fails to make a push for the number one job, he may be in tough to find another offer next summer.  He’s under quite a bit of pressure heading into next season.

Two Years Remaining

G Thomas Greiss ($3.33MM, UFA)
F Matt Martin ($2.5MM, UFA)
D Ryan Pulock ($2MM, RFA)

Greiss is coming off a disastrous year, one that saw his GAA go up by over a full goal per game while losing 21 points off his save percentage.  After looking like a bargain based on his 2016-17 campaign, his contract isn’t looking too good right now.  He’ll get a chance to restore some value but Lehner should push him for minutes.  Martin was added for a minimal return and after spending most of the year on the bench in Toronto, he will be pushing to play a more regular role.  Even if that happens, he won’t be landing close to this money on his next contract.

Pulock’s deal is somewhat back-loaded which sets him up for a qualifying offer that’s a fair bit higher ($2.65MM) than his current cap hit.  If he continues to progress offensively, this deal has the potential to be a nice bargain over the next couple of years.

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Three Years Remaining

F Casey Cizikas ($3.5MM, UFA)
D Adam Pelech ($1.6MM, RFA)

Cizikas is a great fit as an energetic fourth-line center but gets exposed a bit more when he’s asked to take on a bigger role.  Unfortunately for them, it’s hard to justify keeping him on the fourth line with the contract he has.  Pelech’s first full season in the NHL was a decent one which makes his current deal look reasonable despite the risk the team took committing four years to him when he had only played 53 career NHL games.  He will be one year away from UFA eligibility at the end of the deal but lots can change between now and then.

Four Or More Years Remaining

F Josh Bailey ($5MM through 2023-24)
D Johnny Boychuk ($6MM through 2021-22)
F Cal Clutterbuck ($3.5MM through 2021-22)
D Thomas Hickey ($2.5MM through 2021-22)
F Ross Johnston ($1MM through 2021-22)
F Leo Komarov ($3MM through 2021-22)
F Andrew Ladd ($5.5MM through 2022-23)
D Nick Leddy ($5.5MM through 2021-22)
D Scott Mayfield ($1.45MM through 2022-23)

After being more of a secondary scorer for a while, Bailey emerged two years ago as a higher-end playmaker and built on that nicely last season, picking up 53 helpers in 76 games which helped earn him a long-term extension.  While he won’t have Tavares on his line which could drop his production, the Islanders don’t need him to push for 70 points to get decent value out of the deal.  If he can hover around 50-55, they’ll be alright.  The same can’t be said for Ladd.  His contract is among the worst values in the league now, especially considering he’ll be 38 when his deal comes to an end.

Like Cizikas, Clutterbuck is a great fit on a high-energy fourth line that doesn’t fare as well with other opportunities.  However, with the contract he has, they have to try to find more than eight minutes a night for him.  With all of that grit they already have, it was quite surprising to see them ink Komarov long-term.  He’s capable of playing more minutes based on his time with Toronto but they can realistically only benefit from having so many similar players in their lineup.  The four-year extension to Johnston, a veteran of all of 25 career NHL games, follows a similar mindset although their decision to double down (and then some) on grit and toughness is rather perplexing.

When Boychuk signed his current contract, he was in the midst of a career year offensively but his output since then has only dropped as have his games played totals as he has struggled to stay healthy.  He’s a top-four player when healthy but if he can’t stay in the lineup now, how much worse could it get over the next four years?  Leddy’s -42 plus/minus rating was abysmal last year but he’s still a legitimate top pairing player that’s locked up at a pretty good price for the long haul.  Hickey’s new deal is quite reasonable for someone that could spend some time in the top four while Mayfield is a third pairing player long-term and while five years is a long time to give that type of player, the cap hit is low enough to really mitigate that risk.

Buyouts

G Rick DiPietro (compliance buyout so no cap hit; payments of $1.5MM to be made through 2028-29)

Retained Salary Transactions

None

Still To Sign

None

Best Value: Lee
Worst Value: Boychuk (although having $13.35MM tied up in five physical/energy forwards also isn’t great value)

(Excluding entry-level contracts)

Looking Ahead

The Islanders have plenty to wonder about as they enter the post-Tavares era while looking to get their new arena situation finalized but with as many expiring contracts as they have, they should be operating well below the Upper Limit for the foreseeable future.  If they want to lock Lee up long-term, they should easily be able to do so from a financial standpoint while a long-term, big money second contract for Barzal won’t impact their books too much over the long haul.

Photo courtesy of USA Today Sports Images.

New York Islanders| Salary Cap Deep Dive 2018

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Salary Cap Deep Dive: Carolina Hurricanes

August 9, 2018 at 8:56 pm CDT | by Brian La Rose Leave a Comment

Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Carolina Hurricanes

Current Cap Hit: $61,879,997 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Sebastian Aho (one year remaining, $925K)
D Haydn Fleury (one year remaining, $863K)
F Martin Necas (three years remaining, $894K)
F Andrei Svechnikov (three years remaining, $925K)

Potential Bonuses

Aho: $850K
Fleury: $850K
Necas: $538K
Svechnikov: $2.6MM

Total: $4.838MM

Aho very quietly led the Hurricanes in scoring last season with 65 points (29-36-65) in 78 games.  He’s poised to be on the top line once again next season and if he picks up where he left off, he’ll be looking at a significantly more expensive long-term deal next summer around the $6MM-$7MM range.  Fleury spent the bulk of last season with the Hurricanes but with their extra depth on the back end, it wouldn’t be surprising if he was sent to the minors at times to get some extra work in.  With that in mind, he’s a strong candidate for a bridge deal next summer.

Svechnikov, the second-overall pick back in June, is expected to play an important role right away, especially after they dealt winger Jeff Skinner to Buffalo for a package of future assets.  A top-six spot isn’t out of the question which should put him in line to at least hit some of his Schedule B bonuses.  Necas actually made the big club out of training camp last year but was quickly sent back to the Czech league.  He’s likely to fill the vacancy opened up by Derek Ryan’s signing in Calgary.  If he’s in the bottom-six, he probably won’t hit most of his bonuses but if he moves into a top-six role, that could certainly change.

One Year Remaining, Non-Entry-Level

F Phillip Di Giuseppe ($750K, RFA)
F Micheal Ferland ($1.75MM, UFA)
F Jordan Martinook ($1.8MM, UFA)
F Brock McGinn ($888K, RFA)
G Petr Mrazek ($1.5MM, UFA)
F Teuvo Teravainen ($2.86MM, RFA)
F Justin Williams ($4.5MM, UFA)

Teravainen, the ‘prize’ that the Hurricanes received for taking on Bryan Bickell’s contract from Chicago two years ago, really blossomed into a top-line talent last season.  He certainly has outperformed his bridge contract already and will be pegged to more than double his current AAV on his next deal.  Williams, who is their second-highest-paid forward, had a nice year in his return to Carolina with 51 points.  He’ll turn 37 right before the season starts and it will be interesting to see if he can repeat those numbers.  If he shows signs of decline, it will have a big impact on his next deal.  Ferland took advantage of the opportunity to play in the top-six with Calgary last year as he set career highs across the board offensively.  Those opportunities probably won’t present themselves with the Hurricanes which will hurt his value on the open market.  Despite that, he could still push to double his cap hit with a solid season.

Mrazek had a rough year in 2017-18 split between Detroit and Philadelphia and he will be looking to rebuild his value.  Given the questions surrounding their starter, the opportunity will certainly be there for Mrazek to do well and look for a longer-term deal next summer.  If not, he could join the list of backups that seem to bounce around several organizations rather quickly.  Martinook was added during the playoffs in what was basically a move to save a little bit of money.  He’ll likely suit up on their fourth line and could very well be flanked by McGinn and Di Giuseppe.  McGinn is coming off a 16-goal, 30-point season and another year like that could push him into the $2MM per year range while Di Giuseppe will be looking to lock down a regular role next season.

Two Years Remaining

D Justin Faulk ($4.83MM, UFA)
D Trevor van Riemsdyk ($2.3MM, UFA)
F Valentin Zykov ($675K, RFA)

Faulk is coming off of a down year by his standards.  After averaging 16 goals over the previous three years, he tallied just six in 2017-18 which has certainly contributed to the significant increase in trade speculation.  With their current roster construction, he projects to be on the third pairing and while that’s a very nice luxury to have, that’s also not the best use of an asset like that, especially when there appears to be a mandate to keep payroll low for the time being.  If the right deal doesn’t present itself then Faulk will start the season in a Carolina uniform but it certainly feels like a question of when, not if, a trade eventually gets done.

The player to really benefit from the expected move is van Riemsdyk who either will have to play his off-side as things stand or serve as the extra defender to start the season.  Neither of those are particularly ideal scenarios as the Hurricanes didn’t more than double his previous deal to have him in a different spot than he was last year.  As for Zykov, he’s now waiver-eligible and will be trying to lock down a full-time spot.  He showed some promise in limited action last year and could push for a top-nine spot quickly.

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Three Years Remaining

G Scott Darling ($4.15MM, UFA)
D Dougie Hamilton ($5.75MM, UFA)

Darling’s first season as a starter did not go well at all.  He struggled mightily and wound up losing starts to Cam Ward fairly quickly.  They’re counting on him to rebound but if he doesn’t, this is going to be a particularly difficult contract to move.

Hamilton was the centerpiece of their big draft-day deal with the Flames.  He has been a consistent point producer over the past four years and also showed last season that he could handle a larger workload than he was previously accustomed to.  They gave up quite a bit to get him so expectations will certainly be high.

Four Or More Years Remaining

D Calvin de Haan ($4.65MM through 2021-22)
D Brett Pesce ($4.025MM through 2023-24)
F Victor Rask ($4MM through 2021-22)
D Jaccob Slavin ($5.3MM through 2024-25)
F Jordan Staal ($6MM through 2022-23)

Gone are the days when Carolina’s back end was very underpaid.  Slavin and Pesce both signed long-term extensions last summer and gives them a shutdown pairing locked up for the long-haul.  After being relative unknowns the last couple of years, that’s no longer going to be the case with these deals.  Despite the certainty in having that duo together, the team surprisingly went out and added another defensive blueliner in de Haan who should add some stability to their second pairing while taking Noah Hanifin’s old spot after he was dealt to Calgary in the Hamilton trade.

Staal is now halfway through his ten-year deal and while he hasn’t been able to truly become a focal point of their attack, his two-way game and faceoff prowess still make him a legitimate top-six center.  As for Rask, he posted the lowest point total of his four-year career last season and had been discussed in trade talks over the summer.  He will likely slot in as a middle-six forward next season and if he can get closer to the 40-point mark again, the Hurricanes should be able to land a decent return if they do eventually decide to move him.

Buyouts

F Alexander Semin ($2.33MM through 2020-21)

Retained Salary Transactions

F Marcus Kruger ($308K in 2018-19)

Still To Sign

None

Best Value: Teravainen
Worst Value: Darling

(Excluding entry-level contracts)

Looking Ahead

As things stand, Carolina is near the bottom in payroll so they don’t have to worry about salary cap space anytime soon.  Interestingly enough, this approach has allowed them to spend more on their defense than their forward group, something that isn’t the case for any other team in the league.

If they intend to keep this core together long-term though, that will change soon.  Aho and Teravainen are both in line for significant raises next summer that could add upwards of $10MM to their salary cap.  That’s still going to have them well below the Upper Limit but instead of being a team that’s going to be near the bottom in spending, they’ll soon be closer to the middle.  Despite that, if new owner Thomas Dundon greenlights a higher payroll in the years to come, the Hurricanes will be well-positioned to try to add to their core group.

Photo courtesy of USA Today Sports Images.

Carolina Hurricanes| Salary Cap Deep Dive 2018

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Salary Cap Deep Dive: Philadelphia Flyers

August 6, 2018 at 8:56 pm CDT | by Brian La Rose 1 Comment

Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Philadelphia Flyers

Current Cap Hit: $69,217,500 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Travis Konecny (one year remaining, $894K)
F Nolan Patrick (two years remaining, $925K)
D Ivan Provorov (one year remaining, $894K)
D Travis Sanheim (one year remaining, $863K)

Potential Bonuses

Konecny: $425K
Patrick: $2.65MM
Provorov: $850K
Sanheim: $450K

Total: $4.375MM

Few teams are getting the bang for their buck that the Flyers are.  Provorov has established himself as a legitimate top pairing player already and will be in line for a big money, long-term deal next summer instead of a bridge contract.  Sanheim played himself into a regular role for a big chunk of 2017-18 and the team is hoping he’ll turn that into a full-time nod next season.  Even if he does that, a shorter-term second contract is likely in the cards for him.

Up front, Konecny more than doubled his goal production from his rookie campaign, going from 11 to 24 last season.  If he can repeat that type of output, he should be in line to bypass the bridge deal as well.  Patrick’s rookie campaign was fairly quiet but the team was in a situation where they didn’t have to give him big minutes right away.  While he’ll be asked to take a bigger workload next season, he shouldn’t project to hit his $1.8MM of Schedule ‘A’ bonuses which will give the Flyers a little more wiggle room on the cap for 2018-19.

One Year Remaining, Non-Entry-Level

G Brian Elliott ($2.75MM, UFA)
F Christian Folin ($800K, UFA)
F Scott Laughton ($963K, RFA)
F Jori Lehtera ($4.7MM, UFA)
F Taylor Leier ($720K, RFA)
G Michal Neuvirth ($2.5MM, UFA)
F Michael Raffl ($2.35MM, UFA)
F Wayne Simmonds ($3.975MM, UFA)
F Jordan Weal ($1.75MM, UFA)

Simmonds is the most prominent player here by a considerable margin.  He has provided the Flyers with significant value on his deal over the past several years and is renowned as one of the better pure power forwards around the league.  There’s no doubt that the Flyers will want to keep him around but the question is should they?   He’ll be 31 when the puck drops in 2019-20 when his new deal will kick in and physical wingers tend to have more dramatic declines as they age.  On the flip side, he brings an element to the table that Philadelphia’s forward group is largely lacking otherwise.  It wouldn’t be shocking to see GM Ron Hextall try to work out a shorter-term extension if that’s something that Simmonds is open to.

Philadelphia’s goaltending was a concern heading into last summer which is why they brought in Elliott to try to help things.  Last season, the goaltending was still a concern and both netminders had issues staying healthy.  The good news is that with both being on expiring deals, there’s no long-term risk here and if a team has someone go down midseason, the Flyers could conceivably look to move one and give one of their youngsters some more NHL action.  Looking beyond 2018-19, there’s a good chance that they will look to bring in a more prominent starter on a short-term deal to bridge the gap until top prospect Carter Hart is ready to step in.

As for the rest of the group, the other UFA forwards appear to be candidates to leave next summer.  Lehtera was a buyout candidate this summer but since the team has plenty of cap space, it makes sense for them to keep him so there’s no carryover to 2019-20.  Raffl has seen his output dip in recent years while Weal didn’t thrive in his first full-time NHL opportunity.  He’ll battle with Laughton for playing time and the winner between the two should be part of the plans beyond next year.  Leier projects to be a depth winger while Folin gives the team some extra depth on the right side of the back end.

Two Years Remaining

D Radko Gudas ($3.35MM, UFA)
D Robert Hagg ($1.15MM, RFA)
D Andrew MacDonald ($5MM, UFA)
F Dale Weise ($2.35MM, UFA)

This group features some of the Flyers’ bloated contracts.  Weise has underwhelmed significantly since joined the team two summers ago and has struggled to hold down a fourth line spot in the lineup.  MacDonald is a decent defender but is well overpaid for the role that he is best suited to play.  Gudas certainly provides a physical element but isn’t going to bring much offensively to the table.  The same can be said for Hagg but he’s on a good bridge deal for someone who is pegged to be a third pairing player next season.

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Three Years Remaining

None

Four Or More Years Remaining

F Sean Couturier ($4.33MM through 2021-22)
F Claude Giroux ($8.275MM through 2021-22)
D Shayne Gostisbehere ($4.5MM through 2022-23)
F James van Riemsdyk ($7MM through 2022-23)
F Jakub Voracek ($8.25MM through 2023-24)

It’s amazing what a difference a year can make.  Last summer, Giroux’s value was down considerably after his production had dipped for a fourth straight year.  However, a shift to the wing helped him rebound considerably as he led the league in assists and finished second overall in points.  That helped Voracek improve his output as well while Couturier emerged as a legitimate front-line center at a price tag that is lower than a lot of second line pivots.  Hextall spent big in free agency to bring van Riemsdyk back to the team that originally drafted him but if he can hover around the 30-goal mark once again, they’ll be happy with that type of production.

After a quieter year in 2016-17, Gostisbehere had a very nice bounce-back season, posting career highs across the board while finishing fourth overall in scoring among NHL blueliners.  With that type of output, he’s another one that’s on an extremely team-friendly deal.

Buyouts

G Ilya Bryzgalov (Compliance buyout so no cap hit; payments of $1.643MM to be made through 2026-27)

Retained Salary Transactions

None

Still To Sign

None

Best Value: Couturier
Worst Value: MacDonald

Looking Ahead

It wasn’t all that long ago that the Flyers were a team that was perpetually in cap trouble but that is no longer the case.  The team is positioned quite nicely for next season with plenty of room to absorb any achieved bonuses while still having enough space to make an impact addition at some point during the year.

Beyond that, Philadelphia has enough expiring contracts to offset pay increases for Provorov and Konecny (and potentially Simmonds) without too much concern; they have a little over $46MM tied up in 11 players for 2019-20.  This will be their last year sitting well below the Upper Limit but they are well-positioned to keep this core intact.

Photo courtesy of USA Today Sports Images.

Philadelphia Flyers| Salary Cap Deep Dive 2018

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Salary Cap Deep Dive: Vegas Golden Knights

August 5, 2018 at 4:44 pm CDT | by Holger Stolzenberg 4 Comments

Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Vegas Golden Knights

Current Cap Hit: $70,812,500 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Alex Tuch (One year remaining, $925K)
D Zach Whitecloud (Two years remaining, $925K)

Among the many things that went right for Vegas was the play of Tuch, who was a surprise in training camp and quickly earned himself a full-time role. The 6-foot-4, 222-pound winger had an impressive rookie season with the Golden Knights, scoring 15 goals and 37 points with much of his playing time coming with the team’s third line. He only improved over time, showing an ability to get into the corners and extend offensive opportunities for the team. He tallied six goals in the playoffs as well, which allowed the Golden Knights to let go veterans James Neal and David Perron, knowing that the 22-year-old Tuch is ready to take his game to the next level. With one year remaining on his entry-level deal, expect him to become a key restricted free agent for the team next season.

Potential Bonuses

Tuch: $93K
Whitecloud: $93K

Total: $186K

One Year Remaining, Non Entry-Level

F William Karlsson ($5.25MM, RFA)
D Nate Schmidt ($2.23MM, UFA)
F Oscar Lindberg ($1.7MM, UFA)
D Deryk Engelland ($1.5MM, UFA)
F Pierre-Edouard Bellemare ($1.45MM, UFA)
F Tomas Nosek ($963K, RFA)
F Ryan Carpenter ($650K, UFA)
D Brad Hunt ($650K, UFA)
G Malcolm Subban ($650K, RFA)

The most important piece the Vegas Golden Knights need to lock up is Karlsson, who just signed a one-year deal with Vegas Saturday. However, now the team has just one year to lock up Karlsson, the team’s top scorer, to a long-term extension. Less than a year, actually, as the team can’t agree to an extension until Jan. 1, 2019. That gives Vegas time to see how 25-year-old will respond in his second year. After piling up 43 goals last season (and seven more in the playoffs), the team wants to see that he can put up similar numbers before handing him a major deal considering the most he’s ever scored in his NHL career was nine goals.

The team will also have to lock up the speedy Schmidt, as well to a long-term deal at some point. The 27-year-old was a key figure on the Golden Knights defense, posting career highs of five goals and 36 points, but also showed his mettle in the playoffs, putting up another three goals and seven points. He could easily get a similar deal to the one that Miller signed with the team (four years, $15.5MM) earlier in the offseason. With an influx of prospects likely to hitting the team for the 2019-20 season, several veterans will have to prove they deserve new contracts this coming  year, including Lindberg, Bellemare, Engelland, Carpenter, Hunt and Subban, although unless someone has a breakout year, none should cost the team too much.

Two Years Remaining

F David Clarkson ($5.25MM, UFA)
F Cody Eakin ($3.85MM, UFA)
F Ryan Reaves ($2.78MM, UFA)
F Erik Haula ($2.75MM, UFA)
D Nick Holden ($2.2MM, UFA)
D Jonathon Merrill ($1.38MM, UFA)
F William Carrier ($725K, RFA)

The team likely will have to pay up if they want to keep Haula. The team’s second-line center may move to the third line now that the team locked up Stastny to a free agent deal. However, if Huala can continue to produce like he did last season, the 27-year-old should be able to fetch a nice contract. He had a career-high in goals last season as he scored 29 and 55 points.

The team should also recoup some of their losses as well in two years as Clarkson’s deal will expire, so that will free up $5.25MM for the team as the team currently has to wait till the start of the season before they can place his contract on LTIR. Others like Eakin and Reaves will likely have to earn another deal over the next two seasons. Both had solid showings for Vegas this year, but will have to prove their consistency. While Reaves deal looks overpaid on paper, the team opted to give him three years worth of money as long as he only signed for two years.

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Three Or More Years

F Paul Stastny ($6.5MM through 2020-21)
G Marc-Andre Fleury ($5.75MM for 2018-19; $7MM through 2021-22)
F Tomas Tatar ($5.3MM through 2020-21)
F Reilly Smith ($5MM through 2021-22)
F Jon Marchessault ($5MM through 2023-24)
D Colin Miller ($3.88MM through 2021-22)
D Brayden McNabb ($2.5MM through 2021-22)

The team has done a nice job locking up some of their talent for the future, but have also kept a precious eye on their long-term projections. The team has a number of players in the mid-twenties who have been locked up for multiple years, including Marchessault, who has been a major key to the success of the team’s top line. They assumed the responsibilities of Tatar and Smith, both talented players, who many feel were overpaid for their services. However, both only have three years remaining, so those salaries don’t carry on for another eight years.

The team has been very careful about locking up players in the 30’s, which is why they allowed Neal and Perron to walk away. They did manage to sign one of the top free agents on the market this offseason in Stastny, but have kept his deal to just a three-year term instead. In fact, the only move that seems to have broken their mold is the three-year extension they handed to the 33-year-old Fleury. Of course goaltenders can last a lot longer than position players, but the team likely made the exception seeing as he has become the face of the franchise.

The team has also done a nice job locking up their defense so far. Miller, who has developed into a top-four defenseman and likely the team’s best, signed a four-year deal for under $4MM per season this offseason and he hasn’t peaked yet, while McNabb has proven to be a reliable physical presence and also signed for just $2.5MM.

Buyouts

None

Still To Sign

D Shea Theodore

Best Value: Miller
Worst Value: Reaves

Looking Ahead

While the team has not made the splashy move to acquire a big name player like many assumed as they were heavily involved in the Erik Karlsson discussions, the team has quietly moved on, signing many of their free agents and keeping a keen eye on their long-term future. While the team made it to the Stanley Cup Finals in their first year, the expansion franchise has always insisted that it plans to pay hard attention to the salary cap and not abuse it. With a group of impending young talent headed towards Vegas in the next year or two, Vegas could prove to be a talented powerhouse over the next few years.

Photos courtesy of USA Today Sports Images.

Salary Cap Deep Dive 2018| Vegas Golden Knights Alex Tuch| Brad Hunt| Brayden McNabb| Cody Eakin| Colin Miller| David Clarkson| David Perron| Deryk Engelland| Erik Haula| Erik Karlsson| James Neal| Jon Merrill| Jonathan Marchessault| Malcolm Subban| Marc-Andre Fleury| Nate Schmidt| Nick Holden| Oscar Lindberg| Paul Stastny| Salary Cap

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