Free Agent Notes: Salary Cap, Marner, Gusev, Duchene, Dillon
With rumors of the 2019-20 salary cap possibly being lower than the $83MM that teams initially expected, TSN’s Pierre LeBrun reports that an NHLPA spokesperson told him that there should be an announcement on the salary cap this evening.
With talks that the salary cap could be as low as $81.5MM, LeBrun writes that the NHLPA is taking their time to weigh that number. That number is expected to have a significant effect on teams, especially on those that are tight to the cap as that leaves them even less room to work with and could force teams to dump salaries even more than ever.
- LeBrun also tweets that the agent for Toronto Maple Leafs winger Mitch Marner, Darren Ferris, is expecting to hear from other teams on Wednesday, the day the RFA speaking period begins. With plenty of talks of high demands and a suggested willingness to sign an offer sheet, Toronto Maple Leafs general manager Kyle Dubas has his hands full. Dubas and Ferris did not meet this week in Vancouver and Ferris is expected to leave the draft for home, although there is plenty of time for both Dubas and Ferris to meet next week.
- While many fans of the Vegas Golden Knights have been looking forward to seeing KHL star forward Nikita Gusev play this season, TSN’s Darren Dreger suggests that the restricted free-agent may not end up getting the chance. With plenty of cap concerns, Vegas may not have enough money to sign the 26-year-old winger, and the Golden Knights may opt to trade him to relieve some of those cap issues. Dreger adds that multiple teams have inquired about Gusev, who currently would be penciled in on their third line and could be expendable for the right price. Gusev signed a one-year deal, $925K in April of this year, but he didn’t appear in a game for the Golden Knights. He won the KHL MVP award in 2018 and has scored 63 goals in the last three season for SKA St. Petersburg.
- The Athletic’s Craig Custance reports that he has heard there won’t be any deal between the Columbus Blue Jackets and unrestricted free agent center Matt Duchene before the speaking period opens on Sunday. While that isn’t a major surprise, of all the Blue Jackets’ big-named free agents, Duchene was their best hope to re-signing. However, especially after the recent P.K. Subban deal, it is believed that Nashville has become the front-runner for Duchene’s services.
- Bruce Garrioch of the Ottawa Sun reports that the San Jose Sharks would be open to moving defenseman Brendan Dillon for the right price. Dillon, who is currently slated to play on the top defensive pairing next to Brent Burns is making $3.27MM, but with significant cap issues coming this offseason, the team could use the extra cap room to try and make sure it can sign all of its top free agents, including restricted free agent Timo Meier, as well as unrestricted free agents Joe Pavelski, Joe Thornton, Joonas Donskoi and Gustav Nyquist, although the latter two are less likely to return.
Joonas Donskoi To Wait Until UFA Interview Period
The San Jose Sharks inked one of their big unrestricted free agents when they signed Erik Karlsson to a massive contract extension, but may not be able to bring everyone else back. Joonas Donskoi is going to talk to other teams during the UFA interview period next week according to Pierre LeBrun of The Athletic, though the forward is expected to keep San Jose in the mix.
The 27-year old Donskoi is coming off a fine season with the Sharks, recording 37 points almost entirely at even-strength. He did that while averaging just 13:25 per game, but still ended up in the press box as a healthy scratch at the end of the season and in the playoffs. That was partly because of a lengthy goal drought—Donskoi failed to score in his last 34 games in the regular season—but also because of a lack of what head coach Peter DeBoer termed confidence to Paul Gackle of the Mercury News. That may be what LeBrun is referring to when he suggests that Donskoi might need a fresh start, one he could find through free agency.
Even if the Sharks wanted him back, they might simply not have enough cap space to do it. While the team currently projects to be about $15MM under the ceiling, they still need new contracts for restricted free agents Timo Meier, Kevin Labanc and Joakim Ryan. Any money left over from those negotiations is likely ticketed for Joe Pavelski and Joe Thornton, while not forgetting that the team could also re-sign Gustav Nyquist as well. Donskoi, despite his solid contributions, may be on the outside looking in.
In free agency however, there should be plenty of teams interested in the Finnish forward. Now with 122 points in 283 games, the right winger should find a fit on the third line somewhere and be able to contribute in several situations. His possession statistics have been excellent—though that was the case with basically every Sharks player this season—and he has shown an ability to contribute on the powerplay in the past.
Kings Hire Trent Yawney As Assistant Coach
New Los Angeles Kings head coach Todd McLellan has put the finishing touches on his coaching staff. After opting to retain veteran goalie coach Bill Ranford and up-and-coming coach Marco Sturm, McLellan still needed to add a defensive mind and found one in former colleague Trent Yawney. The Kings have announced that Yawney will join McLellan’s staff as the final assistant coach.
Yawney, 53, just wrapped up a stint as an assistant with the Edmonton Oilers, a hire made by McLellan before he was fired. Prior to that, Yawney served as an assistant with the Anaheim Ducks for four years. He also worked as an assistant for the San Jose Sharks from 2008 to 2011, again under McLellan. Yawney has also spent several years as an AHL head coach. However, what many may recognize Yawney for his playing career, spent mostly with the Chicago Blackhawks, and his brief stint as the head coach of the team from 2005 to 2007, when he was replaced mid-season by Denis Savard.
As the Kings’ release points out, Yawney has worked closely with a number of top defenses and elite defensemen, including Norris Trophy winners Chris Chelios, Doug Wilson, Phil Housley, Rob Blake, and Duncan Keith. In L.A., Yawney will have the opportunity to work with another elite talent in Drew Doughty, but also a deep group of young defensemen who are ready to break out with the right system and proper guidance. Yawney could prove to be a key figure in what the Kings’ hope is a return to relevance sooner rather than later.
Joe Thornton To Play In 2019-20, Possibly Longer
Speaking at the NHL Awards media availability today, future Hall of Famer Joe Thornton made it clear that he is not yet ready to hang up his skates. Sportsnet’s Elliotte Friedman relays word from Thornton that the veteran center is feeling good and is ready to return for the 2019-20 season. Thornton even added that he is thinking beyond next season so long as he can stay healthy and continue playing at a high level.
At 39, soon to be 40, many wondered if “Jumbo Joe” had played his final game in the NHL. Thornton battled injuries over the last few years and left many wondering if he could keep going. Yet, Thornton returned to full strength this past season and proved doubters wrong, playing in 73 games and recording 51 points. Even at an advanced age, Thornton continues to be one of the top play-makers in the league, as well as a two-way force. If he can indeed stay healthy and continue playing at this level, Thornton can play as long as he likes.
The question now is who will he play for? Thornton has been with the San Jose Shark since 2006, skating in over 1,000 games with the club, and seemed optimistic about a return. However, San Jose is limited for cap space this summer, following the extension of defenseman Erik Karlsson, which costs the team $11.5MM against the cap. The move left the Sharks with just over $16MM in cap space – following the trade of Justin Braun – but the team must re-sign restricted free agents Timo Meier, Kevin Labanc, and Joakim Ryan among others. Even after that, is Thornton, easily worth $4-5MM, a priority over captain Joe Pavelski? Or adding another prime free agent forward? Or upgrading their goalie situation? Thornton may want to keep playing, but that doesn’t guarantee that he’ll keep playing in San Jose unless some sacrifices are made.
San Jose Sharks Trade Justin Braun
After inking Erik Karlsson to a huge extension, the San Jose Sharks were going to need to move out some salary. Today they’ve done just that, as Justin Braun and his $3.8MM cap hit is on his way to the Philadelphia Flyers. The Sharks will acquire a 2019 second-round pick and a 2020 third-round pick in exchange for the veteran defenseman. Braun is scheduled to become an unrestricted free agent next summer.
Braun becomes the second defenseman the Flyers have acquired this month, after flipping Radko Gudas to the Washington Capitals in exchange for Matt Niskanen. More changes very well could be coming for Philadelphia, who now have six defensemen on one-way contracts with Ivan Provorov and Travis Sanheim still to sign. For now though, the acquisition of Braun gives the team another more experienced player to pair with some of their younger defensemen and give them quality minutes on the back end.
The 32-year old just completed his sixth consecutive season averaging more than 20 minutes a night with the Sharks, serving as a counterbalance to some of the team’s more offensive blue line options. Braun recorded more defensive zone starts than any other defenseman on the San Jose roster, and logged more short-handed ice time than anyone not named Marc-Edouard Vlasic. That kind of play responsible effort will be welcomed, though there are certainly warning signs of decline from Braun. After reaching a career-high in points during the 2017-18 season with 33, the veteran defenseman dropped back down to just 16 in 2018-19. That included just two goals and poor possession statistics, something the Flyers will hope he rebounds from when given a different opportunity in Philadelphia.
For San Jose, this was a necessary move to open enough room for their summer plans. After inking Karlsson to an eight-year, $92MM contract yesteday the team found itself with $26.5MM of cap space dedicated to just three defensemen. Something needed to go in order to have room to sign restricted free agents Kevin Labanc, Timo Meier and Joakim Ryan. Getting a pair of draft picks, one of them relatively high, was an ideal outcome for a team that needed to dump salary somewhere. Obviously Braun isn’t a worthless player, but the team was in a tricky situation and had to decide how to wiggle their way out before getting into real negotiations.
There is also the presence of Brenden Dillon, who is heading into the final year of his current contract and may be a candidate for an extension at some point. Dillon is just 28 and seemed to fit in well alongside Karlsson during the 2018-19 season, registering a +19 rating and matching a career high with 22 points. If the Sharks had to pick one of Braun or Dillon to keep around, it made sense to retain the left-handed, younger player.
Free Agency Notes: Edler, Hayes, Pavelski, Krug
When Alex Edler asked Vancouver not to move him at the NHL Trade Deadline, many assumed it was precursor to an extension between the long-time Canuck and his team. Yet, as the weeks have passed and no resolution has emerged, that expectation grew less and less certain. Now, after a month or so of reports that term and expansion protection were coming between the two sides, it seems the deal is dead and Edler will hit the open market. Sportsnet’s Rick Dhaliwal reports that it does not sound like the Canucks and Edler will get a deal done by July 1st. This does not entirely rule out a return to Vancouver, but it will be substantially harder to convince him to come back after he’s tested the waters and likely found teams willing to give him the desired term and No-Movement Clause. This especially rings true today, as Erik Karlsson‘s extension leaves a thin defense market even weaker and D-needy teams will have little choice but to meet the demands of Edler and fellow top free agents like Jake Gardiner and Tyler Myers. It would not be surprise to now see Vancouver make a hard push for one of those two as well, as they seek an upgrade on the blue line but were not willing to give the 33-year-old Edler a long-term deal or risk losing young players to protect an aging veteran in the 2021 NHL Expansion Draft.
- It’s been a roller coaster of reports on Kevin Hayes since the moment his negotiating rights were acquired by the Philadelphia Flyers from the Winnipeg Jets. The Flyers obviously became the favorite to sign the free agent center given their early access, but there have since been reports followed by other conflicting reports about how talks have been going between the two sides. Finally, trusted Flyers source Frank Seravalli of TSN has chimed in and he has only good news for Philly fans. Seravalli reports that the two sides have made good progress and that talks are trending toward a contract. He stops short of guaranteeing a deal gets done, but believes that it will. This would remove yet another major name from the free agent market, following Karlsson, Jeff Skinner, and Jordan Eberle. And like those three, reports of a deal being close have so far been proven true this off-season.
- The sheer magnitude of Karlsson’s new contract with the Sharks has surprised many and has reinforced the narrative that San Jose will have to lose other key free agents to re-sign the talented defenseman. While he wouldn’t speak specifically about talks with those players, GM Doug Wilson did warn not to make assumptions when asked about Joe Pavelski, per The Athletic’s Kevin Kurz. Wilson says that nothing has been ruled out, making a Pavelski return a possibility. He also spoke to the importance of getting Karlsson under contract “well before July 1st”, specifically so that the team can plan around their new salary cap paradigm. It still remains a long-shot barring trades to remove salary from the current roster, but until Pavelski, a career Shark, puts pen to paper elsewhere, he remains a possibility for San Jose.
- Boston defenseman Torey Krug will not be a free agent until next summer, but he has already proven that he is worth a significant raise in his next contract. The Bruins’ power play magician is fifth among all NHL defensemen in regular season scoring over the past three years and second only to Erik Karlsson in playoff scoring. Karlsson’s new extension, along with the contracts of players like John Carlson and Victor Hedman, raise the bar for what Krug might be looking for in his next deal. Even though he has some struggles defensively, it is fair to assume that his current $5.25MM cap hit will not cut it. This leaves the Bruins in a difficult spot, as they must first re-sign elite young defensemen Charlie McAvoy and Brandon Carlo this summer. Those moves will leave Boston with little cap space this off-season and not much more the following year when Krug needs a new contract. Yet, speaking with the media today, GM Don Sweeney made it clear that his intent is not to trade the mobile defender, nor to let him leave after next season:
If somebody blew us away (with a trade offer for Krug), every player has to be looked at in that way. When you’re an organization, you just have to, you’re doing a disservice if you don’t. But it would take a pretty unique opportunity for us to part with Torey. We think he’s a big part of the fabric of our group. He’s kind of that next wave of leadership that we talk about.
Erik Karlsson Re-Signs With San Jose Sharks
UPDATE: The Sharks have now officially announced the Karlsson extension and it is worth even more than previously believed. Karlsson is set to make $11.5MM on average over an eight-year term for a total of $92MM, according to CapFriendly. That includes $53MM in signing bonuses, largely front loaded in the early years for potential lockout protection, as well as in the final two years to dissuade a buyout. The contract also includes a full No-Movement Clause. There is little doubt remaining that San Jose is all in on Karlsson given these terms, which make Karlsson the highest paid defenseman in NHL history and behind only Connor McDavid and Auston Matthews overall. The Sharks simply have to hope that he can get back to full health and remain that way as long as possible, while those teams that missed out on a chance to court him this summer have to hope that the somewhat underwhelming replacement options don’t drastically increase their asking price.
It’s been an ongoing narrative early this off-season that the San Jose Sharks were willing to do whatever it takes to re-sign Erik Karlsson, after the all-world defenseman played well – when healthy – in his first season with the team. Karlsson is considered not just the top defenseman on the free agent market, but arguably the biggest name overall, and that’s taking into account his injury concerns. Few defensemen in the NHL can do what a healthy Karlsson can offensively and the 29-year-old was set to cash in on the open market. Yet, it seems that GM Doug Wilson and the Sharks have convinced Karlsson that he doesn’t need to test the waters to find a considerable contract and a winning team. TSN insider Bob McKenzie reports that “all signs are pointing” to Karlsson returning to San Jose and colleague Pierre LeBrun follows it up by stating that “a deal is indeed done.”
McKenzie is hardly the first to report that extension talks were getting close between the two sides, but when the respected hockey mind makes a pronouncement like this, it generally carries significant weight. LeBrun thus checked in himself and found previous reports that the two sides were talking about a contract in the neighborhood of Drew Doughty‘s eight-year, $88MM contract to be true. LeBrun believes that is will be an eight-year deal worth more than Doughty’s $11MM AAV. This would make Karlsson’s cap hit the third-largest in NHL history.
Unless his negotiating rights were to be traded prior to July 1st, the Sharks were always going to be the only team that could offer Karlsson that valuable eight year. However, it is likely their willingness to move into the double-digit AAV realm that pushed negotiations closer to a resolution. Especially in a season in which Karlsson missed 29 games due to injury, there was plenty of speculation that his value would take a hit on the free agent market, resulting in lesser term or at least a lower dollar value over a long-term deal. Instead, the Sharks seemingly plan to keep Karlsson in town by offering him the same contract he likely would have landed prior to this past season and hope that recent groin surgery solves the nagging soft tissue damage that cost the superstar blue liner so much time this season.
Assuming this extension becomes official shortly, it will have wide-ranging effects. San Jose cannot afford to re-sign Karlsson to this contract and also re-up restricted free agents Timo Meier and Kevin Labanc without making some sacrifices. Priority unrestricted free agents like Joe Pavelski, Joe Thornton, Gustav Nyquist, and Joonas Donskoi cannot all return if any can. Signing even one of those players may force the Sharks to move out other salary from the roster. Additionally, per the terms of the original Karlsson trade, San Jose will also surrender a 2021 second-round pick to the Ottawa Senators in exchange for extending their acquisition. As for the rest of the free agent market, one of the top names is now off the board. The demand and thus the price for the next tier of defensemen – Jake Gardiner and Tyler Myers – just went up, as did the cost of bringing in a big name like Artemi Panarin or Matt Duchene after both Karlsson and Jeff Skinner received larger contracts than expected.
The greater story here though is that the Sharks’ Stanley Cup window, which some saw as closing if Karlsson, Pavelski, and Thornton were all to leave, has now been extended with the re-signing of one of the game’s best defensemen, so long as he can stay healthy. With Karlsson, Brent Burns, and Marc-Edouard Vlasic together on the blue line for at least six more years and core forwards like Logan Couture, Evander Kane, Tomas Hertl, and soon Meier locked up, the team has strength at both ends and will continue to be a top competitor year in and year out.
Pacific Notes: Donskoi, Eakins, Phaneuf, McDavid
The San Jose Sharks and general manager Doug Wilson have a lot on their plate this offseason as they have a number of key free agents they must deal with, including Erik Karlsson, Joe Pavelski and Joe Thornton. One name that is often forgotten is free agent forward Joonas Donskoi, who has been a solid contributor as a middle-six forward the last few years.
The Athletic’s Kevin Kurz reports that it looks like Donskoi is leaning towards going onto the open market to see what offers he might receive and could wait to see if a team comes calling when the interview period opens on June 23. Donskoi could receive quite a bit of attention as he has scored 14 goals in each of his last two seasons and had 37 points this year. While that’s hardly amazing numbers, the speedy wing is a good defender and could provide value for a lesser price tag, considering he only made $1.9MM last year.
- While it looks like the Anaheim Ducks are moving rather slowly in naming their head coach, it looks like there are only two candidates remaining in the race in Dallas Eakins and University of Minnesota-Duluth coach Scott Sandelin, according to Sportsnet’s Elliotte Friedman. Eakins remains the favorite, but the team is doing quite a bit of research on him, including interviewing some of the veterans on his AHL squad.
- Jordan Samuels-Thomas of The Athletic (subscription required) writes that with Dion Phaneuf being bought out, the most likely destination for the veteran blueliner would be a young team that’s several years away from truly competing. The scribe writes that the decline in the 34-year-old’s play would likely have playoff teams looking elsewhere for veteran depth, but Phaneuf’s leadership and his ability to mentor young players would make him more valuable to a lottery team. On top of that Phaneuf could help team’s penalty killing and can provide a physical presence a young team might lack.
- At a gathering for 500 season ticket holders, Edmonton Oilers general manager Ken Holland said he has already met with star center Connor McDavid twice in the last 10 days, including visiting him as he was working out, according to Terry Jones of the Edmonton Journal. He reports that McDavid is doing well and is expected to ready for the start of training camp. The 22-year-old suffered a small PCL tear in his knee on the final game of the regular season, but the injury didn’t require surgery.
Latest On Erik Karlsson’s Pending Free Agency
When Erik Karlsson‘s postseason came to an end and he posted a thank you note on Twitter to the entire Bay Area, hockey fans immediately tried to determine what it meant in regards to his pending free agency. Was Karlsson saying goodbye to the San Jose Sharks after just one season? When rumors surfaced about the Tampa Bay Lightning, Ottawa Senators and Montreal Canadiens, it seemed like the star defenseman might be heading back to the Eastern Conference. Not if Sharks GM Doug Wilson has anything to say about it. Both Kevin Kurz of The Athletic (subscription required) and Elliotte Friedman of Sportsnet have reported in recent days that the Sharks are working hard to re-sign the right-handed defenseman, with a contract similar to Drew Doughty‘s eight-year, $88MM deal on the table.
Friedman notes that the team will need a decision soon as they prepare for the rest of their summer, but Karlsson is now just a few days away from the free agent interview period. Even if he does want to hear out other teams however, a contract of that magnitude may be too hard to turn down. Karlsson’s recent injury history may have reduced the number of teams willing to offer him such a lucrative contract, and San Jose is the only team that can give him that elusive eighth year.
Karlsson recently underwent groin surgery but is expected to recover fully by the start of the 2019-20 season, an announcement that was made by the Sharks earlier this month. San Jose will obviously have the best medical insight of any team, and if they are willing to hand over that kind of salary they must truly believe he can get back to full strength.
Even if he can get close to it, the team would have a game-changing talent on their hands. Though his injury history and dramatic fallout in Ottawa have clouded his career recently, it’s important to remember just how dominant Karlsson has been throughout his career. A four-time Norris Trophy finalist—twice won—he has routinely cracked the 70-point mark and was on that kind of a pace in his shortened 2018-19 season. Even while playing injured during the postseason he recorded 16 points in 19 games for the Sharks, lifting his career playoff totals to 53 in 67 games. It’s almost impossible to find that kind of offensive contribution from the blue line, but amazingly the Sharks already have Brent Burns capable of the same thing.
Still, a contract like that would have ramifications on the Sharks’ lineup. It would mean committing somewhere around $26MM to three defensemen, two of which are already well into their thirties but still under contract for at least another six years. It would mean a huge part of the ~$25MM in cap space the team currently has would be eaten up, a number that also needs to accommodate new contracts for Kevin Labanc, Timo Meier and Joakim Ryan while also leaving room to re-sign Joe Thornton and Joe Pavelski if the team chooses.
If the Sharks aren’t able to make a deal, it will be interesting to see what kind of market develops for Karlsson and whether or not it costs him in the long run to wait and listen. The free agent interview period will start on June 23rd.
Photo courtesy of USA Today Sports Images
Snapshots: Blue Jackets, Sharks, Avalanche
GM Jarmo Kekalainen and the Blue Jackets knew what they were getting into when they held on to top impending free agents Artemi Panarin and Sergei Bobrovksy, despite substantial hints that both planned to depart, and then went out and added another valued UFA in Matt Duchene at the NHL Trade Deadline. Columbus went all in, and while they didn’t win or even reach the Stanley Cup, they did succeed in winning the franchise’s first ever playoff round. Now, as they get set to potentially watch several star player walk away as free agents, Kekalainen and company are going to either squeeze every last drop out of those UFA’s or at least won’t make it any easier for them to jump to rival teams. TSN’s Pierre LeBrun reports that the Blue Jackets have declined to give Panarin and Bobrovksy permission to talk to other teams about a sign-and-trade possibility. They have also kept the price of acquiring their negotiating rights high; LeBrun speculates the team is asking for a second-round pick. As the June 23rd UFA negotiation period approaches, and not long after it the start of free agency on July 1st, it seems Panarin and Bobrovsky are likely to remain Blue Jackets until the very last minute, unless a team ponies up. As for Duchene, the Blue Jackets remain interested in re-signing him, so similar rumors haven’t started yet, but don’t expect the deadline addition to be treated any differently if it comes to that.
- Columbus has likely lost hope of re-signing their top free agents, but San Jose is still holding out when it comes to Erik Karlsson. Karlsson is set to be the top defenseman on the market, but the Sharks would like him to skip that opportunity in favor of remaining with the team. The Athletic’s Kevin Kurz writes that the two sides continue to work on an extension, with terms rumored to be close to the eight-year, $88MM contract signed by Drew Doughty of the rival Los Angeles Kings. Barring a trade in the coming weeks, only San Jose can offer Karlsson that eighth year, which may be even more valuable to the veteran defenseman given his recurring injury issues this season. Kurz agrees that the market may have cooled for Karlsson, so a long-term offer from the Sharks will very likely be the best deal he gets. This makes his decision less about salary and more about whether San Jose is where Karlsson wants to potentially spend the rest of his career.
- Misinformation is very common in draft and free agency season, so it should come as little surprise that one Denver source says the Avalanche are interested in drafting defenseman Bowen Byram just days after another said they weren’t. Byram is undoubtedly the best defenseman in the draft class, so no team with the chance to draft him is going to totally ignore him. The WHL product could go as early as No. 3 to the Chicago Blackhawks, but likely won’t get any farther than No. 6 to the Detroit Red Wings. Colorado falls squarely in the middle there at fourth overall and will surely consider Byram. But if Mike Chambers of The Denver Post is to be believed, the Avs will take the “best player available” route with their first of two first-round picks and would select Byram if he’s there. We won’t know for sure how it all plays out for just over one more week.