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Sharks Sign Justin Bailey To One-Year, Two-Way Extension

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The San Jose Sharks have signed forward Justin Bailey to a one-year, two-way extension. The deal will carry a salary of $800K at the NHL level and $375K at the AHL level, with $400K guaranteed, per PuckPedia (Twitter link).

Bailey, 28, willed his way into a full-time NHL role this year, after kicking off the AHL season with 11 points in 16 games. He was recalled in late November and potted five points across his first eight games with the Sharks, earning another promotion to the team’s third line, where he’d spent most of the remaining season. Finally ahold of an everyday role, Bailey posted five goals and 14 points in 59 games – NHL career-highs in all three stats.

And while Bailey could be a candidate to work his way back on to the Sharks roster with this deal, the two-way clause likely sets him up for yet another year in the minors. That’s where Bailey has spent much of his career so far, totaling 241 points in 370 AHL games, across tenures with the Rochester Americans, Lehigh Valley Phantoms, and Utica Comets. He’s proven a capable minor-league scorer, with at least 30 points in each of his last three full years in the league. Re-signing to a one-year deal should give Bailey a chance to prove his worth in the Sharks organization, and earn his way into a confident NHL future.

Nikolai Knyzhov Clears Unconditional Waivers

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Sunday: Knyzhov has cleared waivers, PuckPedia reports.  However, he isn’t being bought out; instead, it’s a mutual termination, meaning that San Jose will have no lingering cap hit.

Saturday: The San Jose Sharks have placed defenseman Nikolai Knyzhov on unconditional waivers for the purposes of a buyout, per Chris Johnston with The Athletic (Twitter link).

Knyzhov has spent parts of the last five seasons with the Sharks roster, joining the team as an undrafted free agent in 2019. He showed up strong with the San Jose Barracuda, recording just five points in 33 games but looking well-matched when defending the rush on North American ice. The strong adjustment earned Knyzhov a full-time role with the Sharks in 2020-21. He totaled 10 points and 39 penalty minutes in 56 games as a rookie – posting career-highs across the boards. But injuries derailed Knyzhov’s sophomore year, holding him out for all of the 2021-22 season and most of the 2022-23 season. This year was his first of good health since 2021, and he seemed to make a triumphant return, recording a career-high 14 points in 40 AHL games, though he struggled significantly in 10 NHL games.

But there’s upside to be had with Knyzhov, who will now enter the open market with 81 career games, and 12 career points, under his belt. He’ll offer a cheap defensive-defenseman style, so long as he opts to stay in North America, rather than returning to SKA St. Petersburg in Russia. Knyzhov previously spent three years in SKA’s system, after brief stints with the WHL’s Regina Pats and the NAHL’s Springfield Jr. Blues in the 2015-16 season.

Sharks Sign Luke Kunin To One-Year Extension

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06/30: The San Jose Sharks have made this deal official, signing Kunin to a one-year, $2.75MM extension.

06/28: PuckPedia reports that the San Jose Sharks and forward Luke Kunin are nearing a one-year extension that will pay Kunin $2.75MM. The deal will clock in just shy of Kunin’s qualifying offer which would have been $3MM.

Now just one year away from unrestricted free agency, it was reported a few months ago that Kunin was open to signing a multi-year contract with the Sharks organization. Instead, Kunin and San Jose can punt those conversations down the line as the middle-six forward will suit up for his third season with the Sharks.

While averaging just under 16 minutes of ice time per game, Kunin potted 11 goals and 18 points in 77 games for San Jose this season which was good for seventh on the team in the former category. However, Kunin’s possession metrics took a nose dive this season with a CorsiFor% of 36.5 — a six-point decrease off his career average. With his secondary scoring and physicality, Kunin still holds value as a middle-six option for the Sharks.

Additionally, after a historically bad season for the organization, San Jose may have rewarded Kunin for wanting to stay with the organization in the first place. He now has the opportunity to add to his earning power in unrestricted free agency if he can capitalize on this one-year deal with the Sharks.

Sheng Peng of San Jose Hockey Now was the first to report that Kunin and San Jose were nearing a deal. 

Sharks Select Macklin Celebrini First Overall

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As expected, Macklin Celebrini is a San Jose Shark. He’s the first overall pick in the 2024 NHL Draft, heading to San Jose to begin his major league career, likely next season.

Celebrini is coming off a freshman season at Boston University that will be regarded as one of the most impressive in NCAA history. The Vancouver native entered tonight as the consensus No. 1 pick after collecting 15 collegiate honors all before his 18th birthday.

He was one of the very best two-way threats in the nationwide circuit this season, finishing third in NCAA scoring with 64 points (32 goals, 32 assists) in 38 games. His 1.68 points per game were second only to Boston College’s Will Smith, who he’ll likely team up with on the Sharks next year after the latter signed his entry-level contract last month.

In their 2024 NHL Draft Guide, Elite Prospects called Celebrini “the best draft-year college prospect we’ve ever scouted” with “franchise center potential.” He’s not viewed as quite as dynamic an offensive talent as last year’s franchise-altering selection, Chicago’s Connor Bedard, but he’s a bonafide first-line center with an eye for the Selke Trophy in his future.

While the Sharks have done well to rebuild a previously empty prospect pool over the last couple of years under general manager Mike Grier, this will likely be viewed in retrospect as the cornerstone point of their rebuild. Much like the Blackhawks, he won’t change their fortunes immediately in his rookie season with a severely understaffed group of defensemen and many of his young teammates still in the development stage, but he should be viewed as one of the favorites for next year’s Calder Trophy and shouldn’t look out of place averaging north of 17-18 minutes per game next season.

That’s if the 6’0″, 196-lb center opts not to return to BU for his sophomore season, of course. However, the general consensus is that he’ll be signing his rookie deal this summer and suiting up for the Sharks come October.

Kings, Sharks Swap Kyle Burroughs, Carl Grundström

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The Kings have acquired right-shot defenseman Kyle Burroughs from the Sharks in exchange for the signing rights to RFA winger Carl Grundström, the team announced Thursday.

Burroughs, 28, is coming off a difficult year in which he played a role he was never meant for. After breaking into the league as a fringe bottom-pairing presence with the Canucks in 2021, he landed a three-year, $3.3MM commitment from San Jose on the open market last summer.

After the Sharks traded away reigning Norris Trophy winner Erik Karlsson to the Penguins later in the summer, it was clear there would be a domino effect on the rest of their defense corps. Many players were projected to be overtaxed while compensating for Karlsson’s loss on a team that was squarely and correctly projected to be a lottery contender. Perhaps no one was overworked more than Burroughs, who was thrust into top-four duties alongside Mario Ferraro.

At first glance, it went about as well as one would expect. Averaging north of 19 minutes per game, Burroughs managed two goals and six assists for eight points in 73 games while posting a -42 rating, worst in the league among defensemen. A more detailed look at his stats does yield some promising signs, though. His pairing with Ferraro controlled 48.1% of expected goals when deployed together, the best among any Sharks pairing with more than 100 minutes played this season. He also met expectations physically, leading the Sharks with 233 hits (fourth in the NHL) and placing second in blocks with 134.

But with younger righties Ty Emberson and Henry Thrun deserving of more minutes next season, alongside an expected UFA addition next week, Burroughs was on the cusp of being the odd man out on the San Jose blue line. While obviously not equipped for top-four minutes long-term, the 2013 seventh-round pick does carry signs that he can be effective in an everyday bottom-pairing role.

In Los Angeles, he’ll fight for a third-pairing role alongside Andreas Englund, who would immediately become one of the most fearsome, hardest-hitting duos in the league. Englund played much less than Burroughs on a nightly basis last season, averaging 13:13 per game, but still managed to finish inside the top 20 in hits league-wide. The Kings do have a pair of up-and-coming righties in Jordan Spence and 2021 eighth-overall pick Brandt Clarke, but both (especially the latter) are candidates to slide into second-pairing duties with Matt Roy likely heading elsewhere in free agency.

While parting with Burroughs, the Sharks pick up some checking forward depth in Grundström. The 26-year-old is now on his third NHL team after being drafted by the Maple Leafs in 2016 but being moved to the Kings before making his NHL debut three years later. They have three days to re-sign him or issue him a qualifying offer to retain his signing rights as an RFA this summer.

Injuries limited Grundström to 50 games last year, in which he scored eight goals and 12 points in fourth-line minutes (10:56 per game). The Swede has had decent possession metrics in SoCal and is also a frequent hitter with a good shot when he gets the chance. He’ll look to carry that solid energy play up north to the Bay, where he joins a bottom-six forward group that’s already seen two new names added this summer in Ty Dellandrea and Barclay Goodrow.

The Sharks can expect a new deal for Grundström to come in at around $1.5MM for a one-year term, Evolving Hockey projects. With over $30MM in projected cap space next season, though, the prospective $400K increase on Burroughs is nearly meaningless.

Burroughs remains under contract for two more seasons in Los Angeles. He can hit the UFA market again in 2026.

Sabres, Sharks Swap 2024 First-Round Picks

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The Sharks have moved up three spots in tomorrow’s first round of the 2024 NHL Draft, acquiring the 11th overall pick from the Sabres, per a team announcement. They’re sending the 14th overall pick back to Buffalo, which they originally acquired from the Penguins in last year’s Erik Karlsson trade, along with the 42nd overall pick, which was previously acquired from the Devils as part of the return for Timo Meier in February 2023.

San Jose general manager Mike Grier now holds a slightly higher pick that should give him a chance to draft a slightly more impactful talent to develop alongside Boston University standout center Macklin Celebrini, who they’ll be taking with the first overall selection in just over 24 hours. It comes at the expense of a decently positioned second-round choice, although they do still have their own second-rounder in addition to the Lightning’s (No. 53). They picked it up via the Red Wings yesterday, along with defenseman Jake Walman.

Sabres GM Kevyn Adams, meanwhile, had the 11th pick on the block as far back as early this month. Most assumed he’d be leveraging it for some win-now help, which today’s move may actually benefit. The difference in value between No. 11 and No. 14 isn’t terribly large in this year’s deep draft class, and he now owns an additional second-round pick to toss into a trade for a top-six forward. Hurricanes pending RFA Martin Nečas and the Jets’ Nikolaj Ehlers remain attractive options available for acquisition.

Buffalo also still has a deep prospect pool of their own, especially at forward. That made the selection expendable in the eyes of many. Just in the past two years, they’ve used first-round picks on left winger Zach Benson (2023, 13th overall), center Jiri Kulich (2022, 28th overall), center Noah Östlund (2022, 16th overall) and center Matthew Savoie (2022, ninth overall).

There is such a thing as too many prospects, especially with all of them on relatively similar timelines. Roster spots won’t exist for all of them, so it was always a sensical choice for the Sabres to leverage this year’s top selection for other assets.

Daniel Winnik Announces Retirement

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Versatile forward Daniel Winnik has retired, as he announced on his personal X page this morning. A veteran of 11 NHL seasons, Winnik had a respectable journeyman career, suiting up for eight major league teams after being taken in the ninth round of the 2004 draft by the Coyotes. The 39-year-old last suited up in the NHL in 2018 before heading to Genève-Servette HC of the Swiss National League, where he’s spent the last six seasons.

“For the past 19 years, I have lived a dream, from signing my first contract with the Phoenix Coyotes to my last with Geneva Servette,” Winnik wrote in his announcement. “Some experiences I thought would only remain dreams became reality: being coached by Wayne Gretzky, playing for my hometown team, the Toronto Maple Leafs, and representing Canada at the Olympic Games.”

As expected for a late-round pick, Winnik took a few years to break into the NHL. But unexpectedly, he wasn’t a depth piece or a fringe player subject to endless recalls and reassignments. Instead, he immediately cemented himself as a full-time piece for Phoenix upon making his debut in 2007-08, making 79 appearances in his rookie season while contributing 11 goals and 26 points in 14:06 of ice time per game, a good portion of which came on the penalty kill. Winnik spent the first three years of his NHL career with the Coyotes, recording 52 points (18 goals, 34 assists) in 202 games before they traded him to the Avalanche for a fourth-round pick in the 2010 offseason.

In 2010-11, Winnik rediscovered his valuable depth-scoring contributions from his rookie season, matching his 11 goals and 26 points in 80 games for the Avs while averaging 16:33 per game, the most he’d played at that point in his career. He was also one of Colorado’s most-used forwards in shorthanded situations that season, averaging 2:44 per game while down a man. Unfortunately, he was slugging it out on an Avs team that finished with only 68 points, earning them the right to select future captain Gabriel Landeskog with the second-overall pick in that summer’s draft.

Winnik was dealt again to the Sharks midway through the 2011-12 season, beginning a run of playing for seven different teams in the final seven seasons of his NHL career, including two separate stints with the Maple Leafs. He would also end up logging action for the Capitals, Ducks, Penguins and Wild, although he only managed to play more than 150 games for one team, the Coyotes. His career-defining season was split between Toronto and Pittsburgh in 2014-15, recording a career-high 34 points (nine goals, 25 assists) in 79 games and a +23 rating, earning him a second- and fifth-place vote in Selke Trophy polling.

However, after completing a one-year, $660K contract with the Wild in 2017-18, which saw him produce six goals and 23 points in 81 games, there wasn’t much interest in his services stateside. That led him to head to Geneva, where he broke out immediately as one of the best two-way threats in the top-flight Swiss league. Over six seasons with the club, he recorded 91 goals and 234 points in 270 games, winning three major trophies – a Spengler Cup in 2020, an NL championship in 2023, and a Champions Hockey League title this season. He also represented Canada at the 2022 Winter Olympics, contributing a goal and an assist in five appearances.

Ultimately, Winnik ended his NHL career with 82 goals, 169 assists, 251 points and a +52 rating in 798 games. We all at PHR congratulate Winnik on such a lengthy stint in the pros, especially for a ninth-round pick.

Sharks Acquire Jake Walman

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The Sharks have acquired defenseman Jake Walman from the Red Wings and the Lightning’s second-round pick in this week’s draft (53rd overall). Detroit will receive nothing in return aside from future considerations, signaling this as a cap dump for a bigger move from general manager Steve Yzerman.

The Red Wings acquired the second-round pick they’re sending to San Jose in a trade with the Predators earlier today, in which they swapped defense prospect Andrew Gibson for the signing rights to winger Jesse Kiiskinen.

Unlike most deals involving future considerations, this swap doesn’t involve a decidedly overpriced contract. Walman, who’s broken out as a serviceable top-four defender since arriving in Detroit in 2022, costs $3.4MM against the cap through 2025-26. That’s about what his market value would be if he were to reach free agency this summer, if not under it.

That makes this arguably the best trade in general manager Mike Grier’s tenure at the helm of the Sharks, purely from a value standpoint. Walman will immediately challenge Mario Ferraro for top-pairing minutes in the Bay Area, although he hasn’t been much of a special teams option in Detroit. He averaged just under 20 minutes per game the past two seasons despite spending most of his time on their first pairing alongside Moritz Seider.

Injuries limited Walman to 63 games this season, but they didn’t stop him from recording a career-high 12 goals and 21 points. He and Seider had some of the most difficult minutes in the league, though, which correspondingly tanked his possession numbers. After controlling 50.1% of shot attempts and 54.8% of expected goals when on the ice at even strength in 2022-23, Walman controlled only 45.3% of shot attempts and 41% of expected goals this year, per Hockey Reference.

The 28-year-old Walman adds some much-needed depth to a paper-thin San Jose blue line that got even thinner yesterday with the news that they won’t be qualifying power-play specialist Calen Addison. He’s the sixth Sharks defenseman signed to a one-way deal next season, joining Ferraro, Kyle Burroughs, Nikolai Knyzhov, Jan Rutta and Marc-Édouard Vlasic. Ty Emberson and Henry Thrun are pending RFAs but are expected back in the picture next season.

The Wings do increase their projected cap space next season to $32.77MM with the move, but they lose a quality minute-munching piece of their roster in the process. After remaining in the playoff race until the final days of the regular season, it’s clear Yzerman is moving money around to add impact pieces this summer to push them over the hump. He’s also gearing up to offer rich extensions to Seider and Lucas Raymond, both of whom are slated to become RFAs next week.

Image courtesy of USA Today Sports.

Couture To Resume Skating Next Month; Sharks Only Looking For Short-Term Deals In Free Agency

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  • During his pre-draft press conference today, Sharks GM Mike Grier told reporters including Sheng Peng of San Jose Hockey Now (Twitter link) that center Logan Couture is working out and hopes to get back to skating next month. The 35-year-old was limited to just six games this season due to osteitis pubis; he twice tried to come back from it but had to shut those efforts down due to setbacks.  Couture has three years left on his contract which carries an $8MM cap charge.
  • Still with the Sharks, they’re expected to be more aggressive in terms of adding some veterans this summer, already picking up Barclay Goodrow and Ty Dellandrea up front. Grier noted (per Peng) that while they could look to add free agents, their internal cap on how long they want to sign a player for would be four years.  We’ve seen plenty of speculation that there may be teams willing to offer a higher AAV in exchange for a shorter-term deal; San Jose would be a potentially viable candidate to offer a contract or two like that.

Sharks Expected To Non-Tender Calen Addison

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With the deadline for qualifying offers now being less than a week away, teams will soon be making their final decisions on who to keep and who to let go.  The Sharks appear to be ahead of the game on that front as GM Mike Grier told reporters today including Eric Stephens of The Athletic (Twitter link) that they’re engaging in contract discussions with RFA wingers Filip Zadina and Luke Kunin.  However, he also revealed that the Sharks will be moving on from defenseman Calen Addison, meaning he’s likely to be non-tendered on Sunday.

San Jose acquired the 24-year-old from Minnesota in an early-season trade that saw them part with winger Adam Raska and a fifth-round pick.  With Addison on the outside looking in at a regular lineup spot with the Wild and the fact he was coming off a 29-point season, the move made a lot of sense for the Sharks to potentially bring in someone who could be a longer-term fit.

However, things didn’t go particularly well for Addison this season.  He managed just one goal and 11 assists in 60 games with his new team while he struggled considerably in the defensive end.  It wouldn’t be surprising to see San Jose try to add some veterans on the back end to help try to stabilize things somewhat after a season to forget which would help push Addison out, especially being arbitration-eligible where his 2022-23 performance could have landed him a sizable raise on the $825K he made this season.

It’s worth noting that both Zadina and Kunin are also arbitration-eligible next month.  Zadina’s checks in at $1.1MM so as long as his asking price isn’t too exorbitant, there’s a good chance he’ll be tendered.  However, Kunin, who had just 18 points in 77 games, is owed a $3MM qualifier so if talks don’t go well in the coming days, it’s possible that he could be let go if a new deal isn’t reached by Sunday.

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