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Ryan McDonagh Signs Seven-Year Extension With Tampa Bay Lightning

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The Tampa Bay Lightning have done it again, extending one of their players for a reasonable cap hit. This time it is Ryan McDonagh, who has signed a seven-year extension that carries an average annual value of $6.75MM. The deal will kick in for the 2019-20 season, after the final year of his current contract.

The move allows Tampa Bay to keep their new defensive core. The team acquired McDonagh in a giant trade from the New York Rangers right at the trade deadline this year. The Rangers traded McDonagh, a dominant top-four shutdown defenseman along with J.T. Miller (who already signed an extension) for Vladislav Namestnikov, prospects Brett Howden and Libor Hajek, a 2018 first-round pick and a conditional second-round pick in 2019. While he was coming off an injury when he was traded, he came exactly as advertised, leading the defense’s second unit, while Victor Hedman manned the first.

The seven-year deal should run until McDonagh reaches 36 years of age. However, to get the veteraen defenseman at $6.75MM is a reasonable cost and much lower than some of the other defenseman who have recently signed such as Drew Doughty and Oliver Ekman-Larsson. McDonagh, who is solid two-way defenseman, didn’t post his best offensive numbers between both teams as he combined for four goals and 29 points, but a healthy full season in Tampa Bay should get him back to his regular numbers.

Tampa Bay still has to lock up superstar Nikita Kucherov, who is in the final year of his contract, although he will only become a restricted free agent next season if he gets there, although the general belief is that the Lightning fully expect to sign him to an extension in the next few months.

Chicago Blackhawks Sign Chris Kunitz, Cam Ward, Brandon Manning

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The Chicago Blackhawks have signed three players immediately after free agency began, inking Chris Kunitz, Cam Ward and Brandon Manning. Kunitz and Ward will get one-year deals, while Manning has signed a two-year contract. Ward’s deal will pay $3MM and include a full no-trade clause.

Kunitz, who spent last season with Tampa Bay Lightning on their shutdown line, provides the Blackhawks with a veteran defensive presence, who still seems to be successful even at age 38. He, along with Ryan Callahan and Cedric Paquette, were responsible for shutting down teams’ top lines and were quite successful at it. The line was also adept at scoring as well as Kunitz scored 13 goals and totaled 29 points last season with Tampa Bay. The veteran also has lots of playoff success with his time with the Pittsburgh Penguins as he played for the franchise for nine years, winning three Stanley Cup titles.

Ward was less of a secret as the team had been rumored to be close to a deal with him for a few days already. The 13-year veteran, who played all his years in Carolina, moved into a backup role last year as he helped mentor former Blackhawk Scott Darling. However, despite that role, he still managed to play 43 games for the Hurricanes. The 34-year-old didn’t thrive as he finished with a 2.73 GAA and a .906 save percentage, but his experience and ability to handle a big load was critical for the Blackhawks who struggled after starter Corey Crawford went down for the season with a head injury in December last year. The team attempted to move forward with Anton Forsberg and Jeff Glass as their two goaltenders, but couldn’t make that work. Ward should provide more stability for the Blackhawks now.

Manning adds more defensive depth for the Blackhawks as the former Philadelphia Flyers defenseman has continued to increase his production over the course of his career as he scored seven goals and 19 points last season in 65 games and even played a more safety-conscious game this past season. However, his numbers also indicate that he’s just an adequate defender and is likely to fill the team’s need for bottom-six defenders.

Free Agent Notes: Holden, Ellis, Namestnikov, Wilson

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The Vegas Golden Knights already surprised a few when they reached out and stole Paul Stastny away from Western Conference rival Winnipeg. However, the Golden Knights are apparently not done as The Athletic’s Pierre LeBrun reports that Vegas is the front-runner for unrestricted free agent defenseman Nick Holden.

Holden, who spent time with both the New York Rangers and Boston Bruins last season, would be a solid depth defenseman that could add to Vegas’ core. he averaged 19:00 ATOI between both clubs, but only posted four goals and 17 points on the year. However, the 31-year-old may be starting to show a decline in skills as he was a 34-point player in 2016-17 with the Rangers.

Incidentally, Holden is being pursued by two teams as the Boston Bruins are also vying for the blueliner’s services, according to Sportsnet’s Mark Spector. The Bruins, after all, gave up a third-round pick and low-end prospect Rob O’Gara at the deadline.

  • LeBrun also mentions that while Nashville Predators defenseman Ryan Ellis, who will be a unrestricted free agent in one year, can sign an extension as of today. However, the scribe writes that Nashville isn’t there yet. They intend to reignite talks with Ellis and his representatives within the next one to two weeks. Nashville wants to keep Ellis in the fold at all costs as the team has put major emphasis on having a dominant four defense. The team already has P.K. Subban ($9MM AAV) and Mattias Ekholm ($3.75MM AAV) locked up for four years, while Roman Josi ($4MM AAV) is signed for another two years.
  • The New York Rangers can breathe easier after the agent for restricted free agent Vladislav Namestnikov, Dan Milstein, refuted rumors that the forward was leaving for the KHL. Namestnikov, who was acquired from Tampa Bay at the trade deadline, but saw his playing time drop once he arrived in New York. After averaging 17:30 of ATOI as a Lightning, his playing time dropped to 15:43, along with his offensive production. After potting 20 goals with Tampa Bay, he managed just four points in 19 games with the Rangers. However, Milstein insists the rumors are not true and that Namestnikov believes playing in the NHL is a privilege and honor and an extension is in the works with the New York Rangers.
  • Mike Harrington of The Buffalo News reports the Buffalo Sabres are currently working on re-signing winger Scott Wilson. The 26-year-old was picked up in a December trade this last season from the Detroit Red Wings and played a regular role as a bottom-six forward. After not scoring a point in 17 games with Detroit, he tallied six goals and 14 points in 49 games in Buffalo.

Free Agent Focus: Tampa Bay Lightning

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Free agency is now less than a day from opening up and there are quite a few prominent players set to hit the open market while many teams have key restricted free agents to re-sign. Here is a breakdown of Tampa Bay’s free agent situation.

Key Restricted Free Agent: F Cedric Paquette — Nine points hardly seems like a lot of points for key restricted free agent, but the 24-year-old Paquette isn’t about offense. The defense-first forward has been a key part of the team’s bottom-six line, which included Ryan Callahan and Kunitz line that was constantly put against opponents’ top lines. Now that he’s been qualified, Paquette, who scored just five goals during the regular season (and one in the playoffs) might be more needed than ever with Kunitz likely headed elsehere. Regardless, he could be in line for a significant raise after making $812K last year on his two-year bridge deal. Now with arbitration rights, he could walk away with quite a bit more.

D Slater Koekkoek — The 24-year-old blueliner has worked hard to try and break into the deep defensive core of Tampa Bay and did manage to get into 34 games last season and avoid a trip down to the Syracuse Crunch, but Koekkoek’s usefulness came to an end after Tampa Bay acquired Ryan McDonagh at the trade deadline. From that point on, he appeared in just three regular season games and did not appear in the playoffs. While the team intends to bring him back, recent rumors that the team might consider trading the youngster are also a possibility. He made $800K last year on a one-year deal.

Other RFA’s: F Adam Erne.

Key Unrestricted Free Agents: Andrej Sustr — The 27-year-old depth defender could easily find himself on a new team with the amount of defenders under contract in Tampa Bay. The blueliner had been a regular on the Lightning’s defense over the past three years, but he found himself often a healthy scratch with the addition of players like Mikhail Sergachev, Jake Dotchin, Koekkoek as well as McDonagh. After making $1.95MM last season in the last of his restricted free agent years, the team must decide if they want to bring back the undrafted free agent they signed back in 2013.

Chris Kunitz — The 38-year-old winger was a big part of the Lightning’s shutdown line along with Callahan and Paquette in his one year with Tampa Bay, but there is little indication that Kunitz is expected return. Despite a productive season in which he tallied 13 goals and 29 points last season, rumors suggest he’s interested in a possible return to Pittsburgh.

Other UFA’s: D Mat Bodie, F Erik Condra, F Alex Gallant, D Jamie McBain, F Matthew Peca.

Projected Cap Space: The Lightning don’t have much cap space to work with this offseason as the team has just $5.3MM. On top of that, Tampa Bay has quite a few free agents they must deal with next year including Nikita Kucherov, McDonagh and Yanni Gourde to name a few, so they need to have as much cap room to maneuver with as possible. Despite their interest in John Tavares, don’t expect the team to dip heavily in the free agent market this year and more likely depend on their AHL depth to carry them through.

Bruins Show Interest In Slater Koekkoek

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The Bruins have expressed an interest in Lightning pending RFA defenseman Slater Koekkoek, NBC Sports Boston’s Joe Haggerty reports (Twitter link).  The tenth overall pick in 2012 has yet to progress beyond the level of a depth defenseman and could be a candidate for a change of scenery.  However, Tampa Bay has been in contract talks with Koekkoek, per Joe Smith of The Athletic (via Twitter).  Given that the two teams are division rivals, both Haggerty and Smith think a trade is unlikely although Haggerty suggests that the Oilers could be a landing spot for the 24-year-old if he winds up being dealt.

Final Group Of Six Will Wait For Decision From John Tavares

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The free agent interview period is supposed to drum up intrigue around dozens of names that will undoubtedly change teams on July 1st, but all eyes this year have been on pitch meetings taking place at the CAA headquarters in Los Angeles. Those meetings are meant to woo John Tavares, who would arguably be the best free agent to ever hit the market in the salary cap era. The Toronto Maple Leafs and Tavares’ current team the New York Islanders presented on Monday, with the Boston Bruins and San Jose Sharks meeting with the superstar center and his representatives on Tuesday. Wednesday is blocked off for the Dallas Stars and Tampa Bay Lightning, after which, according to Chris Johnston of Sportsnet, Tavares will shut down all communication with other teams. There were previous reports that some teams, namely the Vegas Golden Knights and Nashville Predators, were in the running through phone conversations, but that doesn’t appear to be the case any longer.

So six teams—New York, Toronto, Boston, San Jose, Dallas and Tampa Bay—will wait patiently tonight after Tavares hears the final pitches, and await word of whether he’ll be leaving for a new address this summer. The Islanders of course are the only team that can offer Tavares an eight-year deal, and the other teams are not currently allowed to discuss contract details, only express interest. If Tavares reaches Sunday without a contract, the Islanders lose their advantage and become like any other team able to sign him to seven years. Should that happen, it seems unlikely that he’d be heading back to the Islanders, meaning the countdown is on for New York.

Of course there are different strengths and weaknesses from each market, and TSN has released a calculator to show off the differences surrounding state (or provincial) taxes. The Lightning and Stars have a huge advantage in this way, though it is obviously not the only determining factor. Even with a no-movement clause, there is no guarantee that a player spends his whole career in a certain state, meaning there likely won’t be any discounts for the teams which have the best tax rates.

Tampa Bay Lightning Re-Sign J.T. Miller To Five-Year Deal

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The Tampa Bay Lightning have decided that J.T. Miller is a good long-term fit for the team, signing the RFA forward to a five-year, $26.25MM contract. Miller will carry a $5.25MM cap hit for the next half decade, after fitting in tremendously following a midseason trade from the New York Rangers. The deal contains no signing bonuses, and is broken down as follows:

  • 2018-19: $5.25MM
  • 2019-20: $6.0MM
  • 2020-21: $4.5MM
  • 2021-22: $6.0MM
  • 2022-23: $4.5MM

Miller, 25, came over from the Rangers in a package that also included Ryan McDonagh, and ended up being a huge part of the Tampa Bay success down the stretch. With 18 points in 19 regular season games, he took to his role beside Steven Stamkos and Nikita Kucherov with aplomb. Ten goals including five on the powerplay in those 19 games gave him 23 on the season, a new career high and his third consecutive season above 20. Unfortunately, that goal scoring dried up in the playoffs when Miller was able to record just two tallies in 17 games. That postseason performance will have to improve as he heads into the prime of his career if this contract is going to be worth it, as the Lightning aren’t waiting around for their next chance at a Stanley Cup.

Amazingly, the Lightning are one of the teams scheduled to sit down with pending free agent center John Tavares this week, despite having just over $5MM in cap space after re-signing Miller. The team already has expensive long-term contracts with five forwards, and that doesn’t include the mega extension that Nikita Kucherov is eligible to sign on July 1st. Kucherov has just one season remaining on his current contract at a criminally low cap hit of just under $4.8MM. Kucherov should become one of the highest paid wingers in the league on his next contract, after breaking 100 points this season and leading the Lightning in scoring for the third consecutive season.

With Miller now under contract for several seasons, Lightning GM Steve Yzerman can turn his attention to issues like re-signing Kucherov, McDonagh, Brayden Point and Anton Stralman, all who see their deals expire next summer. The wizard-like GM has convinced franchise players to stay for less than market value before, and will need to work some more magic to fit everyone in. Miller’s $5.25MM cap hit certainly isn’t unreasonable for a 50-60 point player, but it’s also not a huge bargain for the team. If he’s destined to stay on the wing in Tampa Bay—which is far from guaranteed—he’ll have to really keep producing offensively to reward the team for making such a big investment in his career.

Photo courtesy of USA Today Sports Images

Tampa Bay Lightning Sign Ross Colton

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The Tampa Bay Lightning have signed NCAA forward Ross Colton to a two-year, entry-level contract, ending his collegiate career after just two seasons. Colton will join the Lightning organization and add another highly skilled forward prospect to a Syracuse Crunch team that was already loaded.

Colton, 21, led the University of Vermont last season with 23 points in 36 games, including 16 goals for one of the weaker teams in H-East. Vermont went just 10-20-7, which could have hidden some of the talent that Colton brings to the table. Selected in the fourth round of the 2016 draft—his second year of eligibility—Colton exploded in the following season in the USHL, scoring 35 goals and 66 points in 55 games. His ability to put the puck in the net shouldn’t be overlooked, especially now as he joins an organization who specializes in developing overlooked, undersized talent.

Puck protection is Colton’s best attribute, using his relatively low center of gravity and good balance to shield the puck in the offensive zone and work a cycle before taking it to the net. He’ll try to bring those skills to the professional ranks, where the competition for spots on the Crunch will be tough.

More Than Five Teams Still In The Mix For John Tavares

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Though we’d heard reports about several teams that were expected to get meetings with superstar free agent John Tavares, the entire situation wasn’t clear. Now, Pierre LeBrun of The Athletic and Darren Dreger of TSN report at nearly the same moment that the Dallas Stars, Boston Bruins, San Jose Sharks, Toronto Maple Leafs, and Tampa Bay Lightning all have sit down meetings scheduled over the next few days, while two or three other teams will have discussions over the phone. LeBrun notes that those phone conversations could turn into face-to-face meetings, while the Islanders obviously remain in the mix for their captain.

Interestingly, Renaud Lavoie of TVA Sports reports that the Montreal Canadiens attempted to get a meeting with Tavares, but were refused. The Canadiens are not part of the current discussions.

Tavares would arguably be the best unrestricted free agent to hit the market in the salary cap era if he remains unsigned on July 1st, but it’s not like that is a guarantee at this point. In fact, it may still be incredibly unlikely for the 27-year old center to leave the Islanders but after waiting this long it made sense to at least listen to the other offers. We saw this same song and dance two years ago with Steven Stamkos, before the Tampa Bay Lightning—or perhaps an overt-the-top pitch from another team—eventually convinced their captain to stay put.

We’ve already seen John Carlson, the consensus second-best pending free agent re-sign with the Washington Capitals for huge money, and Tavares could be next. If he does end up staying in New York, it would mean only good things for Paul Stastny who would likely become the next best option by default. Tyler Bozak, Derek Ryan and others are also available at center, but Stastny would be the only real prize left down the middle. If the rest of the NHL is closely watching the meetings in Los Angeles, Stastny may be camped outside the CAA offices waiting for his big opportunity.

Snapshots: Karlsson, Thornton, Talbot, Brodziak

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While the free agent market is slimming more and more after John Carlson opted to re-sign with the Washington Capitals, the trade market has barely gotten active as teams wait to see how the free agent market shakes out. Regardless that could change in the next few days. While there were a few trades this weekend during the draft, one name that stayed put is Ottawa Senators’ defenseman Erik Karlsson.

According to Bruce Garrioch of the Ottawa Sun, general manager Pierre Dorion was fielding phone calls all the way up to the Senators picked at No. 4, but still hasn’t found the right deal as he’s looking for a big haul of players and picks considering that Karlsson is a franchise player.

As expected, Garrioch writes that the Vegas Golden Knights were at the forefront in trying to make a deal and Vegas was prepared to take the contract of Bobby Ryan, who still has four years at $7.25MM AAV remaining on his contract, but other teams are also trying to get into the Karlsson sweepstakes, including the Carolina Hurricanes, Tampa Bay Lightning, San Jose Sharks and the Washington Capitals. No word on whether the other teams are willing to take on Ryan’s contract. While the Capitals are likely out of the running now that they’ve signed Carlson, the Carlson signing may force other teams to press harder to acquire Karlsson.

  • David Pagnotta of The Fourth Period reports that there is mutual interest between Joe Thornton and the San Jose Sharks to return to the team, regardless of whether the team signs John Tavares or not. Thornton, who suffered a season-ending torn MCL in January, would have to come back at a lower salary than the $8MM he made last year, but at 38 years old, he can still be a productive player even if he is forced to play on a lower line. Thornton put up 13 goals and 23 assists in 47 games, but “Jumbo Joe” is well past the days of putting up 82 points in 2015-16.
  • Pagnotta also commented on Edmonton Oilers goaltender Cam Talbot as he says both the Oilers and Talbot have agreed to hold off on extension talks until the start of the new season. The 30-year-old Talbot had been a major piece to the team’s success up until this past year. After posting 2.39 GAA and a .919 save percentage two years ago, he struggled this season, posting a 3.02 GAA and a .908 save percentage. The team likely wants to ensure that Talbot bounces back to form before offering him an extension.
  • Jeremy Rutherford of The Athletic writes that the St. Louis Blues and center Kyle Brodziak both have interest in an extension. The 34-year-old center put up his best season since 2011-12 as a fourth-line center. He tallied 10 goals and 33 points last season. While the Blues have bigger concerns at the moment, Rutherford points out that neither party is in a big rush.

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