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Free Agent Focus: San Jose Sharks

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Free agency is now just a few weeks away and many teams are already looking ahead to when it opens up.  There will be several prominent players set to hit the open market in late July while many teams have key restricted free agents to re-sign as well. It’s been nothing but pain in San Jose the last few years as they try and navigate huge contracts to aging stars.

Key Restricted Free Agents

F Ryan Donato – Donato has failed to live up to expectations for three different NHL teams now, following his first year in San Jose. The Harvard product that set the hockey world on fire in 2018, scoring three points in his first game and nine in his first twelve now has just 77 in 180 career matches. In 50 games with the Sharks this season he scored six times and registered 20 points despite ample powerplay time and relatively easy deployment. He’s clearly an NHL talent, but it doesn’t look like Donato is ever going to be the consistent top-six contributor that many expected coming out of college. An arbitration-eligible free agent coming off a $1.9MM cap hit, there’s actually a chance he doesn’t even get qualified by the Sharks.

F Rudolfs Balcers – Balcers on the other hand will, even after registering just eight goals and 17 points in 41 games. The key part of Balcers game is his ability to contribute defensively as well as in the offensive zone, and he was rewarded with increased playing time down the stretch. In fact, Balcers had all but replaced other more recognizable names like Kevin Labanc by the end of the year, even moving ahead of Timo Meier on some nights. It seems likely that the Sharks will explore a multi-year deal with the young forward, if only to lock him in at a low number before giving him a bigger role on the team. If not, he is also arbitration-eligible but doesn’t have the counting stats to earn a huge raise through that process.

Other RFAs: F Noah Gregor, F Joachim Blichfeld, F Alexander True, D Christian Jaros

Key Unrestricted Free Agents:

F Kurtis Gabriel – You might look at the five career points that Gabriel has and wonder why he would be included in a free agent list, but from all accounts, the physical winger has a market waiting for him. Gabriel was given permission to talk to other teams already according to a report from Elliotte Friedman of Sportsnet last month, meaning he could go quick on day one of the frenzy if the Sharks aren’t going to retain him. Now 28, the 6’4″ enforcer racked up 55 penalty minutes in 11 games this season, including 19 in his final game of the year.

F Patrick Marleau – The ageless wonder is an unrestricted free agent once again and suggested at the end of the season that he would like to play again in 2021-22. Marleau passed Gordie Howe for first place on the all-time games played list, though some still point out that he doesn’t have the true record. Though the 41-year-old Marleau has now played the most regular season games in history, he’s still 18 games behind Mark Messier for the most NHL appearances including playoffs. With a full season, Marleau could become the first person to ever play in more than 2,000 combined NHL games, as he currently sits at 1,974. He doesn’t add much these days, but having Marleau break that record in any other sweater certainly wouldn’t feel right.

Other UFAs: F Marcus Sorensen, F Maxim Letunov, D Greg Pateryn

Projected Cap Space

The team has struggled, they only have 16 players under contact and yet San Jose still has just over $9.2MM in cap space to spend this summer. The money owed to the quintet of Erik Karlsson ($11.5MM AAV), Brent Burns ($8MM), Logan Couture ($8MM), Evander Kane ($7MM), and Marc-Edouard Vlasic ($7MM) cripples any chance of making significant changes, and none of those contracts will be off the books until at least 2025. It’s hard to see the Sharks making a big splash on the open market unless they find a way to rid themselves of at least one of those veteran players.

Photos courtesy of USA Today Sports Images.  Contract information courtesy of CapFriendly.

Dylan Gambrell Re-Signs With San Jose Sharks

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The San Jose Sharks today re-signed center Dylan Gambrell. CapFriendly reports that the contract is a one-year deal worth $1.1MM, all paid in base salary. It’s worth noting that Gambrell, who’s still 24 years old, will again be a restricted free agent with arbitration rights at the conclusion of the 2021-22 campaign.

Gambrell was drafted 60th overall as an overager by the Sharks at the 2016 NHL Entry Draft after a strong freshman campaign at the University of Denver, where he posted 47 points in just 41 games. But after turning pro at the end of the 2017-18 season, Gambrell has struggled to produce offensively at the NHL level. With just 10 goals and 23 points in 110 career NHL games, Gambrell’s struggled to find the scoring touch that even carried over to the AHL’s San Jose Barracuda.

The center saw a sharp increase in responsibility this season due to San Jose’s lack of forward depth. Playing over 16 minutes a night, he struggled both offensively and defensively against tougher opponents. While there’s reason to believe that Gambrell might blossom in a more sheltered role due to the potential he showed in college, he likely won’t get that chance with the Sharks as they continue to rebuild. Gambrell might have to continue to work to develop his game on the fly in a top-nine or even top-six role. But despite the poor numbers, general manager Doug Wilson appeared impressed with Gambrell’s progress this season:

Dylan appeared in his first full-time role last season with us and showed he is a reliable player. He played in a lot of different situations and utilized his speed to be an effective player.

But even with the extension today, there’s not a guarantee that Gambrell will be wearing a Sharks jersey next season. As he’ll likely be left exposed for July 21st’s Seattle Expansion Draft, the native of Bonney Lake, WA might draw the eye of his new hometown team. With lesser responsibility and a different development staff, Gambrell may begin to showcase the potential that got him drafted in 2016.

San Jose Sharks Re-Sign Josef Korenar

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The San Jose Sharks have re-signed goaltender Josef Korenar to a one-year contract, keeping him in North America after making his NHL debut this season. Curtis Pashelka of the Mercury News reports that the two-way contract carries a $750K salary at the NHL level, an $85K salary at the AHL level and a minor league guarantee of $125K. Sharks GM Doug Wilson released a statement explaining the move:

Josef took a big step in his development last season, showing his athleticism and awareness in net while appearing in the NHL for the first time. He also delivered a strong performance in the AHL’s Pacific Division playoffs, leading AHL goaltenders in goals-against average and helped the Barracuda to the semifinals.

Korenar, 23, was an undrafted free agent signing in 2017 and has become an interesting NHL prospect for the Sharks. The Czech goaltender posted an .899 save percentage in ten NHL appearances this season, while also spending time in the AHL and overseas. While he may not be ready to take over the net full-time, he does have an interesting case to be the backup this season, especially if the team doesn’t add another goaltender through free agency. The Sharks still have Martin Jones on the books for now, but the 31-year-old is a prime buyout candidate after three terrible seasons.

Getting Korenar under contract at least keeps him in the organization instead of allowing him to return to Europe, meaning at worst he’ll be with the San Jose Barracuda in 2021-22. Still waiver-exempt, he can come up and down whenever necessary to help the goaltending group at the NHL level while continuing his development by getting starts whenever possible in the AHL.

In the expansion draft later this month, it seems likely that the Sharks protect Korenar over Jones if the latter isn’t bought out. If he is though, the team needed a goalie under contract for 2021-22 to leave exposed in order to meet the requirements–Korenar can now be that goalie.

Sharks Open To Moving Kevin Labanc, Radim Simek, And Dylan Gambrell

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With the pre-expansion trade freeze now just a week away, trade talk will be picking up around the league.  Kevin Kurz of The Athletic notes (subscription link) that the Sharks are a team that is active in those discussions with winger Kevin Labanc, defenseman Radim Simek, and center Dylan Gambrell at the forefront of those discussions.  Labanc underwhelmed in the first season of a four-year, $18.9MM deal with 12 goals in 55 games, Simek is on the expensive side for a third-pairing defenseman with a $2.25MM price tag, while Gambrell, a pending RFA, didn’t produce much this season – just 12 points in 49 games despite averaging over 16 minutes a game.  Kurz adds that San Jose’s preference is to make a player for player swap; speculatively speaking, any deal involving the first two players would be seeking to bring in a cheaper replacement to give them some more financial flexibility.

Snapshots: Eichel, Devils, HHOF

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When reports surfaced about Jack Eichel’s potential availability this summer, the first team that came to many minds was the New York Rangers. The Rangers have enough young assets to land the Buffalo Sabres center and are now focused on making the playoffs after a short rebuild. Today, Larry Brooks of the New York Post writes that the Rangers have had preliminary talks with the Sabres about Eichel and that the asking price is currently “four pieces that would be equivalent of first-rounders.” The Sabres have also, according to Brooks, not yet granted any medical record access to interested teams.

Obviously, an asking price isn’t necessarily indicative of what will eventually land a player in trade talks, but that report from Brooks shows just how high the Sabres are setting their sights in this negotiation. The team is dealing with a distressed asset, as Eichel has expressed frustration with the team over a difference in medical opinions, but will still not simply give him away. The biggest question mark surrounding the $10MM center is the health of his neck, which still may require surgery this offseason. Eventually, teams will have to get their hands on his medical records and determine how much risk is involved in an acquisition beyond just his recent on-ice struggles.

  • The New Jersey Devils are in the market for a young defenseman and would consider trading the fourth-overall pick, according to Elliotte Friedman of Sportsnet. The Devils have selected in the top ten three times in the last few years, taking Nico Hischier (first overall, 2017), Jack Hughes (first, 2019), and Alexander Holtz (seventh, 2020) in the early part of the first round. Perhaps that makes this year’s pick a little more expendable, especially with the uncertainty surrounding the 2021 class. Any trade that happens in the next few weeks has expansion draft implications, but as we examined recently, the Devils have a real opportunity to add defensemen with no risk of losing them to the Seattle Kraken.
  • The Hockey Hall of Fame is preparing to move forward with its 2020-21 induction ceremony on November 15th, though the actual event will be moved to a new venue. Ken Holland, Jarome Iginla, Kim St-Pierre, Marian Hossa, Kevin Lowe, and Doug Wilson were announced as the class of 2020 last year, but because of COVID-related closures, were never actually inducted. The HHOF decided not to induct a new class for 2021 but will return to its normal voting procedure for next year.

Snapshots: Kane, Glass, Lee

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While the trade bait board released by Daily Faceoff’s Frank Seravalli earlier this week contained mostly the usual suspects, a surprise at No. 5 was San Jose Sharks top scorer Evander Kane. While a departure was a possibility this season – the Sharks did tell a U.S. bankruptcy court that Kane’s contract could be terminated – this is the first that trade rumors have popped up. It does not seem as though Kane’s ongoing financial issues and legal proceedings are the root cause either. Instead, Seravalli suggests that a number of Kane’s teammates are unhappy with him in the locker room and have voiced their frustration to San Jose management. This would not be the first time that Kane’s personality has pushed him out of town; he previously had issues in both prior career stops with the Thrashers/Jets and Sabres. Whether the Sharks follow suit and trade Kane is another matter. A top scorer and physical presence, Kane is one of the best players on the team. Even if GM Doug Wilson was inclined to trade Kane, his bankruptcy case and the new leaked details of another upset locker room would make it very difficult for him to get fair value back for what Kane actually contributes on the ice. It’s a difficult situation and one that was not expected to be an issue for the Sharks this summer. It is one thing for Kane’s legal status to force their hand and another to have to instead make the proactive choice to trade an elite player.

  • Another player who may unexpectedly be available this summer is young Vegas Golden Knights forward Cody Glass. As relayed by The Athletic’s Jesse Granger, Vegas head coach Peter DeBoer made some comments in his closing media availability on Saturday that were not-so-subtly directed at Glass. A young guy can’t say he never got an opportunity,” DeBoer said. “I think we stuck young guys in all year and tried to put them in situations where they had an opportunity to succeed… Some have seized the moment, some haven’t. Some just aren’t ready yet.” As the Knight’s most high-profile prospect, Glass is certainly one of if not the biggest target of these remarks. Vegas’ first ever draft pick at No. 6 overall back in 2017, Glass has been given ample opportunity so far in his career. He skated in 39 games with the Golden Knights as a first-year pro in 2019-20, recording 12 points, and was expected to take a step forward this year. Instead, he played in only 27 games and recorded 10 points, failing to make an impact at even strength. His lack of reliability kept him out of all but one of Vegas’ playoff games this spring. A prospect with Glass’ draft pedigree is expected to be doing more at this point in his career, especially as the team’s other 2017 first-rounder, Nick Suzuki, is currently first or second in goals, assists, points, and time on ice this postseason among Montreal Canadiens forwards – the team that just knocked out the Knights. With just one year left of waiver exemption, Glass must show this season that he can be an everyday NHL contributor. If DeBoer and the club have doubts, they may decide to trade him now before his stock slips any further.
  • Some good news in exit interviews came from the New York Islanders. Captain Anders Lee, whose season was ended by an ACL injury in March, sounded optimistic about his recovery. “I am on track,” Lee stated. “I was able to do a lot of really good things in the past 13-14 weeks since surgery. Looking forward to continuing on that path and getting ready for camp.” ACL injuries can be a difficult and timely recovery, so Lee’s early progress is encouraging. If he is indeed back to full strength in time for training camp, that is an ideal result for the Islanders. Before his injury, Lee was scoring at a pace that closely resembled his career highs in per-game goals and points and was well on his way to a career-best plus/minus, even in the shortened season. New York needs him at that level next year, as their lack of salary cap space will likely prevent them from making any meaningful improvements to the roster this summer.

Minor Transactions: 06/21/21

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With both the Expansion and Entry Drafts quickly approaching, minor transactions are popping up all across the hockey world. As teams rush to meet expansion requirements and gain a more detailed idea of their organizational makeup ahead of the draft, expect this steady flow of minor deals to continue throughout the summer. You can read all about today’s transactions right here:

  • While their big sibling made bigger news today by re-signing Matt Nieto, the AHL’s San Jose Barracuda have announced a slew of moves. Per the team’s site, forwards Joe Garreffa, Krystof Hrabik, and Kyle Topping all signed one-year AHL extensions with the Sharks’ affiliate. Garreffa only got into two games with the Barracuda in 2020-21, but spent 59 games in the ECHL between the Allen Americans and Orlando Solar Bears, tallying 42 points for a decent first professional season. Hrabik played in only one regular-season matchup but had two goals in three games during the AHL’s Pacific Division postseason tournament. Topping got the most AHL action out of the trio, tallying a single goal in four games with the baby Sharks.
  • The Barracuda also dipped into the free-agent market, signing a pair of WHL players. The bigger fish of the two is former Portland Winterhawks captain Nick Cicek. Cicek, a Winnipeg-born, 201-pound defenseman, had by far his best offensive campaign to date in 2020-21, tallying 21 points in just 24 WHL games. It was a career-high for him after tallying 13 and 14 points in his previous two seasons. Their other signing, Montana Onyebuchi from the Kamloops Blazers, carries a somewhat similar development pattern. Similar in size (6′ 3″, 209 pounds) to Cicek, Onyebuchi also had an offensive breakout campaign with 12 points in 20 games. The Barracuda hope that the two overagers can boost their defense in the coming years.

San Jose Sharks Re-Sign Matt Nieto

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The San Jose Sharks are bringing back another one of their free agent forwards, re-signing Matt Nieto to a two-year contract. The deal not only lets the team retain a valuable depth piece but also solves one of their expansion issues. Curtis Pashelka of The Mercury News reports that the contract will carry an average annual value of $850K. Sharks’ GM Doug Wilson released a short statement on the deal:

Matt brings a consistent, veteran presence to our line-up, and his speed and defensive awareness have made him a valuable part of our penalty-killing unit. Additionally, his ability to chip in offensively gives our coaching staff a versatile option in crafting our line-up from night to night.

Nieto, 28, is on his second stint with the Sharks, coming back to the team in 2020 after parts of four seasons with the Colorado Avalanche. He ended up playing just 28 of the team’s 56 games, but did add five goals and seven points in a limited role. Averaging exactly 14 minutes a night, he became a key part of the team’s 14th-ranked penalty kill and chipped in a little offensively.

More importantly, perhaps, is the fact that Nieto also fills an exposure requirement for the upcoming Seattle Kraken draft. Every team must leave at least two forwards exposed that have played a certain number of games and are signed through the 2021-22 season. Up to this point, only Logan Couture, Evander Kane, Timo Meier, Tomas Hertl, and Kevin Labanc met that threshold, meaning there needed to be a pair of contracts issued by Wilson and his staff. One of them is Nieto, who will certainly be left unprotected next month. Of the other candidates—Dylan Gambrell, Marcus Sorensen, Patrick Marleau and Ryan Donato all meet the criteria—expect at least one more to be signed in the next few weeks.

The two-year term suggests that this wasn’t purely for the expansion draft though, as the Sharks obviously believe that Nieto can be an NHL player. While he did set a career-high of 15 goals just a few seasons ago, it seems more likely that he’ll be battling for a spot at the bottom of the roster in 2021-22.

One-Way Deal For Jonathan Dahlen Won't Guarantee Him A Spot With San Jose

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  • While the Sharks gave Jonathan Dahlen a one-way contract to bring him back, San Jose Hockey Now’s Sheng Peng feels that the deal doesn’t pencil him into a lineup spot in San Jose next season. The 23-year-old dominated in Sweden’s second-tier Allsvenskan the last two years but that’s at a level that’s well below the NHL.  Peng cites concerns from several scouts about Dahlen’s ability to adapt to the NHL game.  Nevertheless, they’ll get a much better look at him with the one-way deal than watching him from afar in Sweden.

Sharks Forward Fredrik Handemark Signs In The KHL

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It will be a one and done term in North America for Sharks winger Fredrik Handemark.  The pending unrestricted free agent has decided to not try his hand in NHL free agency and will head back overseas.  He won’t be returning to the SHL, however, as SKA St. Petersburg of the KHL announced that they’ve signed Handemark to a two-year deal.

The 27-year-old joined San Jose a little over a year ago, inking a one-year, entry-level contract in May 2020.  It took a while for him to get his first taste of North American hockey though due to the delayed start to the pandemic.  Handemark made the most of that time, returning to Malmo on loan and recorded 15 points in 25 games before being recalled.

Handemark made frequent appearances in our Taxi Squad Shuffle posts this season as he was involved in 25 separate transactions over the span of four months.  Despite that, he still got into 14 AHL games where he had four goals and four assists plus eight NHL contests with the Sharks where he collected a goal while averaging 9:27 per night of ice time.

That’s not the type of production that would allow him to command a one-way deal on the open market so instead of seeking out a two-way pact, Handemark will now join one of the top KHL franchises.  If he plays a big role there, perhaps he will be able to get another NHL opportunity when his deal is up in 2023.

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