Kucherov Will Be Next To Receive McDavid-Like Money

With the eight-year, $100MM extension of Edmonton Oilers’ Connor McDavid already in the rearview mirror, many people have been speculating on the next big contract in the NHL. There are some who are looking at teammate Leon Draisaitl to break the bank, others at Auston Matthews in Toronto. Nashville’s Ryan Johansen just picked up $8MM per year, while Washington Evgeny Kuznetsov picked up $7.8. However, Larry Brooks of the New York Post, points the finger at Tampa Bay’s Nikita Kucherov who should be getting a huge extension in two years.

Kucherov is going into his second season of a three-year deal where he will be making $4.76MM, but when his contract is up in two years, expect there to be a major payday. The big-scoring winger will be just hitting his prime at age 26 when his contract is up and Tampa Bay’s Steve Yzerman will have a tough time from keeping Kucherov’s next contract from doubling, according to Brooks.

The 24-year-old winger took another major step this year, putting up career highs in both goals and assists, scoring 40 goals and 45 assists for 85 points. Kucherov has come a long way in just a short time. Originally drafted as a second round pick in 2011, he stayed in Moscow for one year before coming over and playing junior hockey, before finally reaching the AHL in 2013-14 season. After 17 games, he was quickly promoted to Tampa Bay where he put up nine goals and nine assists in 51 games, but broke out the following year. He put up consistent numbers the next two years, combining for 58 goals and 72 assists, before taking the next step this past year.

While his 30 goals and 66 points in the 2015-16 season was still outstanding, Kucherov had little negotiating room when he hammered out this three-year deal. According to Brooks, Kucherov did not threaten to return to the KHL and had little recourse but to accept the three-year deal offered to him as a restricted free agent without arbitration rights. However, everything will change in two years when he can dangle his unrestricted free agency tag. His improved performance should only increase his pricetag. Add in the fact that Kucherov went out and got a new agent in Daniel Milstein of Gold Star Sports and expect that Kucherov should break the bank unless Yzerman can prove that he can lock up another great player to a team-friendly deal.

 

Performance Bonuses Around The League

In the NHL, there are only a few ways you are allowed to have performance bonuses included in your contract. One way is to be on an entry-level contract, of which almost every one contains some sort of incentive. Young players can earn either Schedule A or B bonuses for various performance markers, though the really big numbers are only usually given out to the very highest of draft picks. Even Mitch Marner for instance, drafted fourth overall in 2015 can only earn up to $850K each season and doesn’t have any Schedule B bonuses in his deal.

The other contracts that can include bonuses are more rare, and they’ll be the focus of this article. These can be given out to players who sign a one-year contract after they turn 35, or a one-year deal coming off a substantial injury (the qualifications for such an injury are that they have already played at least 400 games in their career, and spent at least 100 days on injured reserve in the final year of their previous contract). Many of these have been given out, and we’ll detail them here.

Radim Vrbata – Florida Panthers Radim Vrbata

Vrbata was given a one-year deal with the Panthers this summer after a solid season with the Arizona Coyotes, and will earn $2.5MM in guaranteed salary. He also can earn a total of $1.25MM more through performance bonuses:

  • $250K for 10th goal
  • $250K for 15th goal
  • $250K for 20th goal
  • $250K for 45th point
  • $250K for making playoffs

Mark Streit – Montreal Canadiens

Streit was given a $700K contract from the Montreal Canadiens just this week to add some extra depth to a defense corps that was losing Andrei Markov. His deal includes $300K of unknown performance bonuses, that could take the total contract to $1MM.

Johnny Oduya – Ottawa Senators

Oduya earned a one-year $1MM contract from the Ottawa Senators, and while it’s not clear where he fits in exactly on the blueline he could earn much more should he find a prominent role. The deal includes $1.25MM of performance bonuses:

  • $250K for 41st game played
  • $250K for 65th game played
  • $250K if ranked in top-5 TOI for Ottawa defensemen
  • $250K if ranked in top-3 TOI for Ottawa defensemen
  • $250K for making playoffs

Chris Kunitz – Tampa Bay Lightning

Kunitz is looking for his fifth Stanley Cup this season with the Lightning, who gave him a one-year $2MM contract. The former Penguin can earn another $1MM in various unknown ice-time bonuses, likely tied to where he ends up among Lightning forwards.

Patrick SharpPatrick Sharp – Chicago Blackhawks

Sharp is returning to his old stomping ground this year after the Blackhawks signed him to a one-year $800K contract, but there is no guarantee he plays much of the season. Sharp’s been hurt by several injuries the last few seasons, and because of it Chicago included a $200K bonus for playing just ten games this year.

Mike Cammalleri – Los Angeles Kings

Cammalleri was bought out by the New Jersey Devils this spring, only to immediately find a new home with the Kings on the west coast. His $1MM contract has an additional $200K in performance bonuses, though the exact details are still unknown.

Deryk Engelland – Vegas Golden Knights

When the Golden Knights signed Engelland after the expansion draft, they were bringing back someone who knew the city and could help their young players get acclimated to their new surroundings. They signed him to a one-year deal worth $1MM, but it also includes another $1MM in unknown performance bonuses.

Thanks to CapFriendly for many of the performance bonus details.

Top 2018 Draft Picks That Have Already Been Traded

About 11 months from now, 31 NHL general managers will come together in a room with thousands of people watching and select the next group of young players destined to make it to the professional ranks. The 2018 NHL Entry Draft will be a huge event, mostly because of the elite talent that will be available at the top.

Without a clear consensus on the top pick so far, the next year will be extremely interesting to watch for prospect hounds. Andrei Svechnikov, Rasmus Dahlin, Joe Veleno, Quinn Hughes and others all have incredible talent, and could push for the top spot with a big year (and perhaps a growth spurt or two). Like this year, we could also see a relative outsider like Nico Hischier fly up the ranks to take over the top spot by draft day. One thing is for sure though, that there is plenty of talent to find in the first round and beyond at next year’s draft.

It has already been clear that teams don’t want to give up their 2018 draft picks, as we saw with the collection of selections acquired by the Vegas Golden Knights. They have multiple second-round picks in 2019 and 2020, but couldn’t secure an extra top pick in 2018. That said, there have already been many transactions that have moved picks around. Here are the teams that have acquired extra picks in the first three rounds of the 2018 draft (key player traded in parentheses).

Arizona Coyotes:

Acquired 2018 2nd-round pick from Minnesota Wild (Hanzal)

Detroit Red Wings:

Acquired 2018 2nd-round pick (OTT) from New York Rangers (Smith)

Florida Panthers:

Acquired 2018 2nd-round pick from Arizona Coyotes (Crouse)

Minnesota Wild:

Acquired 2018 3rd-round pick from Buffalo Sabres (Scandella)
Acquired 2018 3rd-round pick from Vegas Golden Knights (Tuch)

Montreal Canadiens:

Acquired 2018 2nd-round pick from Chicago Blackhawks (Weise)

New York Islanders:

Acquired 2018 1st-round pick from Calgary Flames (Hamonic)
Acquired 2018 2nd-round pick from Calgary Flames (Hamonic)

Philadelphia Flyers:

Acquired conditional 2018 1st-round from St. Louis Blues (Schenn)

Tampa Bay Lightning:

Acquired conditional 2018 2nd-round pick (WSH) from Montreal Canadiens (Drouin)

Toronto Maple Leafs:

Acquired 2018 2nd-round pick from San Jose Sharks (Polak)
Acquired 2018 3rd-round pick from San Jose Sharks (Reimer)

Washington Capitals:

Acquired 2018 2nd-round pick (FLA) from New Jersey Devils (Johansson)
Acquired 2018 3rd-round pick (TOR) from New Jersey Devils (Johansson)

Dead Space: Bought-Out, Buried, And Retained Salaries For Every Team

It’s something that often goes unnoticed, but with the cap showing minimal growth the last few years, teams are starting to feel the crunch more than ever. Buyouts have become more common, especially with players with under three remaining years on their contracts. And it’s not just the big name busts that have seen the ax lately – we’ve seen lesser names at lesser money take the fall for their respective teams, then needing to scramble for work elsewhere in the league. Additionally, salary retention in trades has become a more utilized tactic as of late. Teams with “unmovable” contracts have offered to retain part of a poor contract in order to entice a team into giving them some relief.

All this said, some teams have been better with foresight than others. Some teams have shown a track record of being entirely unable of handing out poor contracts over the past five or so seasons. Considering many teams showed some progress in being more frugal this off-season, it seems a wise time to review the dead space every team has accumulated, either due to poor management decisions or poor luck.

Colorado Avalanche – $4.83 MM in 2017-18, issues resolved after current year – Francois Beauchemin buyout; Cody McLeod retained

Arizona Coyotes – $4.61 MM in 2017-18, issues resolved after 2020-21 – Mike Smith retained; Mike Ribeiro, Antoine Vermette buyouts

Columbus Blue Jackets – $4.025 MM in 2017-18, issues resolved after 2020-21 – Fedor Tyutin, Jared Boll, Scott Hartnell buyouts

Carolina Hurricanes – $3.71 MM in 2017-18, issues resolved after 2020-21 – Eddie Lack retained; Alexander Semin, James Wisniewski buyouts

Toronto Maple Leafs – $3.28 MM in 2017-18, issues resolved after 2021-22 – Tim Gleason, Jared Cowen buyouts; Phil Kessel retained

Nashville Predators – $2.83 MM in 2017-18, issues resolved after 2018-19 – Viktor Stalberg, Eric Nystrom, Barret Jackman buyouts

Boston Bruins – $2.73 MM in 2017-18, issues resolved 2019-20 – Dennis Seidenberg, Jimmy Hayes buyouts

New York Rangers – $2.61 MM in 2017-18, issues resolved after 2022-23 – Dan Girardi buyout

Minnesota Wild – $2.5 MM in 2017-17, issues resolved after current year – Thomas Vanek buyout

Los Angeles Kings – $2.4 MM in 2017-18, issues resolved after 2023-24 – Matt Greene buyout; Mike Richards termination/recapture

Edmonton Oilers – $2.33 MM in 2017-18, issues resolved after 2020-21 – Lauri Korpikoski, Benoit Pouliot buyouts

Anaheim Ducks – $2.21 MM in 2017-18, issues resolved after 2023-24 – Mark Fistric, Simon Despres buyouts; Patrick Maroon retained

Vancouver Canucks – $2.13 MM in 2017-18, issues resolved after 2021-22 – Roberto Luongo, Jannik Hansen retained; Chris Higgins buyout

New Jersey Devils – $2.09 MM in 2017-18, issues resolved after 2023-24 – Mike Cammalleri, Devante Smith-Pelly buyouts; Ilya Kovalchuk recapture

Tampa Bay Lightning – $1.83 MM in 2017-18, issues resolved after 2019-20 – Matt Carle buyout

Calgary Flames – $1.82 MM in 2017-18, issues resolved after 2018-19 – Mason Raymond, Lance Bouma, Ryan Murphy buyouts

Detroit Red Wings – $1.67 MM in 2017-18, issues resolved after 2020-21 – Stephen Weiss buyout

Dallas Stars – $1.5 MM in 2017-18, issues resolved after 2018-19- Antti Niemi buyout

Philadelphia Flyers – $1.5 MM in 2017-18, issues resolved after current year – R.J. Umberger buyout

Winnipeg Jets – $1.46 MM in 2017-18, issues resolved after 2018-19 – Mark Stuart buyout

Florida Panthers – $1.33 MM in 2017-18, issues resolved after 2018-19 – Jussi Jokinen buyout

Las Vegas Golden Knights – $1.1 MM in 2017-18, issues resolved after current year – Alexei Emelin retained

Ottawa Senators – $350,000 in 2017-18, issues resolved after current year – Andrew Hammond buried

Buffalo Sabres – Minimal in 2017-18, increased issues ($791,00) resolved after 2022-23 – Cody Hodgson buyout

 

 

Chicago Blackhawks, St. Louis Blues, Washington Capitals, Pittsburgh Penguins, New York Islanders, San Jose Sharks,  Montreal Canadiens – No dead cap space

After compiling the list, it became clear that utilizing these options isn’t a complete hindrance to competing in the NHL. In fact, most clubs have between $1 MM and $3 MM in dead space. That said, of the teams that have not needed to utilize the buyout or retention options, there has been a great deal of success. And among the five worst offenders, the Leafs, Hurricanes, Blue Jackets, Avalanche, and Coyotes, none has moved past the first-round in multiple years. It’s hard to draw massive conclusions without taking the context of each individual situation into account, but there is something to be said for making every dollar of cap space count. Perhaps this is merely a byproduct of past success rather than an indicator of future success, but considering how amenable many managers have become to the option, it bears consideration.

(All totals courtesy of the fantastic CapFriendly.com)

Syracuse Crunch Sign Reid McNeill

  • The Syracuse Crunch have signed Reid McNeill to an AHL contract, taking him away from the St. Louis organization where he spent 2016-17 and adding him to the Tampa Bay Lightning affiliate. McNeill was a sixth-round pick of the Penguins in 2010, but has never been able to turn his size and defensive ability into a tryout at the NHL level. In 61 games last year split between the Wilkes-Barre/Scranton Penguins and Chicago Wolves, he registered ten points.

Tampa Bay Hires Ken Klee As AHL Assistant

  • The Tampa Bay Lightning have hired Ken Klee as an assistant coach for their AHL squad this season, his first coaching job in men’s professional hockey. Klee had been the head coach for the US Women’s National Team for several years coaching them to gold at both the 2015 and 2016 World Championships. In 934 NHL games, Klee registered 195 points and 880 penalty minutes.

Lightning Sign Michael Bournival

Tuesday: The team has officially announced the signing.

Friday: The Tampa Bay Lightning have signed RFA forward Michael Bournival to a one-year, two-way deal worth $650K at the NHL level, reports TVASports’ Renaud Lavoie. The 25 year-old forward was arbitration eligible.

The former 3rd round pick in 2010 has bounced between the AHL and NHL in his short career. Originally drafted by the Colorado Avalanche, Bournival was traded to the Montreal Canadiens for defenseman Ryan O’Byrne. He did not receive a qualifying offer from the Canadiens after the 2015-16 season, and signed with the Tampa Bay Lightning in the offseason as a free agent.

Last season he put up 2G and 1A in 19 games for the Lightning, and 9G and 10A in 38 games for the AHL Syracuse Crunch. He scored an additional 8G and 7A in 22 playoff games for those same Crunch. With 108 career NHL games under his belt, time is running out for Bournival to make an impact at the NHL level. The Lightning do not seem to have room for a player to make the team out of camp, so Bournival will have to capitalize on any mid-season call-ups.

Could Tampa Bay Package Johnson, Palat For Tavares?

Don’t be surprised if the Tampa Bay Lightning attempt to flip their recently signed restricted free agents within the next year. At least that’s what the New York Post’s Larry Brooks believes will happen. He writes the long-term signings of Tyler Johnson and Ondrej Palat are likely going to be part of a package the Lightning will eventually make for New York Islanders’ John Tavares at some point next season if the Islanders can’t sign him.

While the Islanders have said they are not trading the veteran, there is growing concern that the 26-year-old is not happy with the franchise and might be ready to move on. The Islanders’ center is coming off a 28-goal season last year with 38 assists for 66 points. While the Islanders should get credit for doing everything they can to keep one of their stars after losing former star Kyle Okposo to Buffalo for nothing, Brooks believes they will be sellers near the trade deadline to avoid another major loss. He compares the situation to Tampa Bay’s worries about losing Steven Stamkos a year ago. In that situation, the Lightning were able to lock up their star to an eight-year deal, but this isn’t the same. The Lightning were a successful franchise and were loaded with talent. That’s not really the case with the Islanders. With stadium issues and a team that has struggled off and on, it wouldn’t be surprising if Tavares was looking at better options.

The undrafted Johnson has shown quite a bit of promise over the years although his numbers have dropped in the last couple of years. The 26-year-old center put up a 29-goal season two years ago, but finished this year with 19 goals and 26 assists in 66 games. Johnson’s seven-year, $35MM deal ($5MM AAV) could keep him in New York for a long time. Palat has quite a bit of similarities to Johnson as he is 26 as well and was not expected to be a top prospect as he was just a seventh-round pick in 2011. The left wing also started strong and has taken a step back from there, putting up 23 goals in his first full season with the Lightning. He still put up solid numbers last year, scoring 17 goals and 35 assists for 52 points. His five-year, $26.5MM deal is worth $5.3MM annually.

Although Tampa Bay might even have to offer more to get a player like Tavares, the deal would also work because both Johnson and Palat have no trade clauses that will kick in next July, so if the plan may be to package them for a star player, this next year will be their best opportunity to make a deal like that happen. On top of that, moving the two of them for Tavares could be a wash, salary-wise as the Islanders star could be asking for a contract in the $10MM range next year.

Ondrej Palat Signs Five-Year Contract

The Tampa Bay Lightning continue to lock up their core pieces, signing Ondrej Palat to a five-year contract worth $26.5MM. The contract will have an average annual salary of $5.3MM, but the breakdown of the deal is as follows: Ondrej Palat

  • 2017-18: $5.6MM
  • 2018-19: $6.855MM
  • 2019-20: $5.3MM
  • 2020-21: $3.445MM
  • 2021-22: $5.3MM

This comes on the heels of a seven-year extension for linemate Tyler Johnson, that will see him earn $5MM per season. The fact that Palat comes in a tick ahead of him in terms of salary is a direct result of the length of the contract, as the two have very similar rates of production (though admittedly at different positions).

In the past twelve months (and change), Lightning GM Steve Yzerman has given out long-term deals to Palat, Johnson, Alex Killorn, Victor Hedman and Steven Stamkos, while also getting Nikita Kucherov and Andrei Vasilevskiy under decently priced bridge deals that will keep them restricted free agents after they expire. All that, plus a heck of a lot of work to clear enough room for it all has the Lightning locked in to this group for quite a while, and will allow them to compete together for the Stanley Cup.

Palat, 26, is giving up four unrestricted free agent years in the deal and will do so at a reasonably priced cap hit. His production since joining the team full time has been excellent, with 218 points in 307 games. During that time he’s also received Selke votes as the league’s top defensive forward three times, and has registered excellent possession numbers throughout. With Jonathan Drouin gone to Montreal, the team will rely on Palat even more as a top offensive weapon and will give him ample powerplay time.

One of the best seventh-round picks in recent history, Palat has come a long way since his humble beginnings in the draft. Passed over completely after his first year in the QMJHL, the Czech winger was taken with the third last pick in 2011 even after scoring 96 points for Drummondville. In what has turned into arguably Yzerman’s best draft, Palat joined Vladislav Namestnikov, Kucherov and Nikita Nesterov on the Lightning’s board that day.

Palat was set to have a hearing on July 25th after filing for player-elected salary arbitration, but was always expected to sign a long-term deal beforehand. With all of the key RFAs now dealt with, Tampa Bay has just over $3.2MM left in cap space—an amazing feat considering the trouble they were in just a few months ago.

Craig Morgan of AZ Sports was first to report the deal, and give the salary breakdown.

Photo courtesy of USA Today Sports Images

Lightning Hoping To Avoid Arbitration With Palat

Lightning GM Steve Yzerman told Roger Mooney of the Tampa Bay Times that he is hopeful that he can reach an agreement with RFA winger Ondrej Palat in advance of his July 25th arbitration hearing.  Tampa Bay locked up their other key restricted free agent on Monday with the re-signing of Tyler Johnson to a seven-year, $35MM contract.

There’s a good chance that Palat’s agent will be using that exact deal as a comparable in negotiations.  The two are coming off statistically similar seasons (Palat averaged 0.69 points per game and Johnson 0.68) while their career numbers are virtually identical (Palat is at 0.71 PPG while Johnson checks in at 0.69).  They also happen to be coming off the same three-year, $10MM deals as well.  Cap space shouldn’t be an issue on this deal as the Lightning have just over $8.5MM in cap space at the moment per CapFriendly with Palat being the lone NHL restricted free agent still to re-sign.

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