The Toronto Maple Leafs have been the subject of much confusion this summer, as the team works under the confines of the salary cap despite two huge contracts for players that won’t play this season. Joffrey Lupul and Nathan Horton and their $10.55MM combined cap hit are destined to sit out the season with long-term injuries, but many believed that the Maple Leafs had work to do to be cap compliant before the season began.
Maple Leafs Rumors
Viktor Stalberg Signs With Swiss Club EV Zug
Over the past few years, many NHL veterans have turned to the Swiss National League A when they could not find a home in the NHL. Mark Arcobello, Roman Cervenka, Drew Shore, and Dustin Jeffrey made up some of the NLA’s top players in 2016-17. Yet, thus far it has been a quiet off-season for the growing Swiss league. Only lesser-known North American pros such as Mason Raymond and Joel Vermin have made the jump overseas, instead of the regular influx of NHL veterans like in recent years.
That is, until now. EV Zug, fresh off an appearance in the NLA championship, announced this morning that they have signed NHL veteran Viktor Stalberg to a two-year deal. It has been rumored for some time that Stalberg, ranked 45th in PHR’s Top 50 Free Agents, was looking into NLA offers, but after playing well for the Ottawa Senators down the stretch and during their surprising playoff run this season, many thought he would eventually receive a suitable NHL offer instead. Perhaps that wasn’t the case, as the Swedish winger has signed on for two years in the NLA, signalling that he is taking a break from the NHL, at least for a while.
Stalberg, 31, has been committed to North American hockey for some time now and it is a bit strange to see him leave after his stock rose at the end of the 2016-17 season. Stalberg originally left home to play at the University of Vermont in 2006, the same year he had been drafted by the Toronto Maple Leafs. Stalberg went on to be a key forward for the Chicago Blackhawks for a few years, posting a 20-goal season and career-high 43 points with the team in 2011-12 and helping out the Stanley Cup-winning squad in 2012-13. Since leaving Chicago, Stalberg has become more of a journeyman mercenary; a role player for teams for short periods of time. In the past three years, he has played for the Nashville Predators and their AHL affiliate, the Milwaukee Admirals, the New York Rangers, the Carolina Hurricanes, and the Senators. In those three seasons, Stalberg registered only 46 points combined, which may have lent itself to the seemingly low level of interest from other teams. Stalberg may have lost his NHL scoring touch, but he’s likely to rediscover it in the NLA. Stalberg is a great veteran addition for HV Zug, and with more than a few years of hockey left in him, Stalberg’s NHL days may not be completely over yet either.
PHR Mailbag: Duchene, Kessel, Hurricanes, Bruins
We’ve been taking your off-season inquiries over the weekend in the comments and using #PHRMailbag on Twitter. Here are some questions and answers to ponder:
Conorsoxfan: Is Matt Duchene still going to be moved? What about Landeskog? Are the Avs waiting for the right offer or are they holding on to all their assets for now?
We received several questions about Matt Duchene and for good reason. The Avalanche have been speaking with teams since the Trade Deadline about moving the talented forward and Duchene himself is on record as saying that he is open to a move, but months later he is still in Colorado. It seems that GM Joe Sakic has a very specific (and lofty) return in mind and is hesitant to move Duchene without getting exactly what he wants. That return certainly includes a young, proven defenseman, which is not exactly a commodity that most teams are eager to move. The Columbus Blue Jackets and Carolina Hurricanes seem like they have the best chance of meeting Sakic’s demands, as both teams are loaded with young, NHL-ready defenseman. However, the rumor that Colorado rejected a deal for Travis Hamonic that included Duchene makes you wonder if Sakic is searching for a caliber of player that is simply unavailable. It would be best for Duchene, the Avs, and the rest of the NHL trade market if a deal would get done sooner rather than later, but don’t be surprised if Duchene is still a talking point at the next Trade Deadline.
As for Gabriel Landeskog, rumors of his deaparture have definitely been on the back burner this summer after he too was hot topic at the Trade Deadline. Although the Avalanche are coming off a historically bad season, they seem to be playing it safe with their rebuild. They have not sold off all of their veteran pieces, nor have they operated like a team that’s pushing for a playoff spot. Their only major additions this season are a backup goaltender, Jonathan Bernier, and a low risk-high reward gamble, Nail Yakupov. They got potentially the best player in the draft at #4 overall in defenseman Cale Makar, but he is at least two seasons away from seeing NHL ice time. It seems that Sakic is content with keeping his roster intact and slowly adding in younger players and moving out older pieces. That type of status quo strategy would seem to indicate that Colorado isn’t keen on losing its captain unless the return could truly change the course of the franchise. Especially if Duchene does end up traded, don’t expect Landeskog to follow. He’s likely to remain in Colorado for the time being.
@Wings16Canes13: When and will Pittsburgh trade Kessel? Or does another coach have to go first?
It always seems like there’s some controversy surrounding Phil Kessel. This question alludes to rumors coming out of Pittsburgh that the uber-talented winger and head coach Mike Sullivan don’t see eye-to-eye on many things. Moreover, it’s been said that assistant Rick Tocchet acted as go-between for the two these past two seasons, and with Tocchet likely headed to Arizona as the head coach of the Coyotes, the relationship between Kessel and Sullivan could get worse. However, the Pittsburgh Penguins are also back-to-back Stanley Cup champs, with both Kessel and Sullivan playing major roles in each title. Neither is likely to be on the move any time soon, especially not because they dislike each other. It may not be the most comfortable locker room, but the two will learn to live with each other and any struggles for the Penguins in 2017-18 will be attributed to Stanley Cup hangover, not a feuding coach and player. With that said, Kessel has a $6.8MM cap hit for five more years, which could cause cap trouble down the road for the Penguins, while the team has also shown a willingness to move on from head coaches after just a down season or two. Both Kessel and Sullivan could be gone in a few years, but it’s impossible to know which first and when, only that it’s highly unlikely to be this year.
mikedickinson: Hurricanes are loaded on defense and have three kids who can play in the AHL as well. They aren’t trading any of their top 4. Can they trade from their strength to address a weakness (center)? Also, JVR to Raleigh to play with his brother?
The Carolina Hurricanes boast one of the youngest, deepest, and most talented defensive corps in the entire league. All-Star Justin Faulk leads a group that includes 2015 #5 pick Noah Hanifin, 2012 fourth-rounder Jaccob Slavin, 2013 third-rounder Brett Pesce, 2014 #7 pick Haydn Fleury, 2014 second-rounder Roland McKeown, and now the recently-acquired Trevor van Riemsdyk, not to mention dependable depth defender Klas Dahlbeck and 2016-17 AHL surprise Jake Chelios. There’s also 2016 first-rounder Jake Bean to consider as well, though he remains in juniors. That group has one thing in common: none of them are more than 26 years old. When the Hurricanes acquired van Riemsdyk from the Vegas Golden Knights last month, many felt that the move indicated that Faulk, the team’s top right-shot defenseman, would be on the move. After all, the team has been linked to Matt Duchene as well as others as they try to bring their forward depth up to the same level as their defense. However, GM Ron Francis has stated since that he wants to keep his starters together. It also seems unlikely that he’s keen to move talented teenager Bean, leaving promising, but slowly developing players like Fleury, McKeown, and Chelios as his top trade chips from the blue line. None of those players will get a Duchene or similar-caliber player, but don’t be surprised if the ’Canes use them to add some depth forwards this off-season or along the way next season. If Francis is posturing, then yes any of Faulk, Hanafin, Slavin, or Pesce could be used to bring in a big fish.
As for James van Riemsdyk, it is an interesting development to have his brother in Carolina, an up-and-coming team (like the Maple Leafs) that’s in need of an impact forward. JVR is entering the final year of his contract and it seems unlikely that Toronto will re-sign him, considering the expensive extensions coming down the line for Auston Matthews, Mitch Marner, and William Nylander. The question then becomes whether or not the Leafs are interested in moving him this off-season and whether the Hurricanes are willing to pay the price for his services this year when they can sign him next summer for free. If the Leafs look to deal him, Fleury or McKeown as the centerpieces likely won’t cut it. The Leafs are on the hunt for a top-pair right-shot to pair with Morgan Rielly and Faulk certainly fits the bill, but that’s a high price to pay for an impending free agent. I think you’re on to something with JVR and TVR teaming up in Carolina, but I think it could come at a lower price toward the Trade Deadline or via free agency next off-season.
mpfallon: Will the bruins make some big offseason moves?
This depends on your definition of “big”. Despite rumors that the Bruins have been looking into acquiring a top-four left-handed defenseman and a top-six winger, GM Don Sweeney has also made it clear that he doesn’t want to acquire players that will block Boston’s talented young prospects. College star Anders Bjork, 2015 first-rounder Jake DeBrusk, Peter Cehlarik, who got a taste of the NHL last year, and possibly even Danton Heinen and Jesse Gabrielle will all compete with Frank Vatrano, Matt Beleskey, and recent signing Kenny Agostino for a top-nine spot on the left side, and Ryan Spooner could join the mix if the B’s prefer rookie Jakob Forsbacka Karlsson at third line center. The left wing battle could spill over to the right side as well, where top forward prospect Zach Senyshyn will also look to make the team. On the blue line, Rob O’Gara, Jakub Zboril, and Jeremy Lauzon will all fight for the final spot on the left side, and the recent signing of Paul Postma could indicate that the team is okay with moving Kevan Miller to the left side to free up a spot for Adam McQuaid to continue to be a starter with Postma as the seventh man.
There is more than enough depth in Boston that the Bruins may make no moves for the rest of the off-season. Odds are that they do something, but likely not anything “big”. A trade for a left-shot defenseman, possibly a Nick Holden or Jonathan Ericsson, or the signing of a stopgap winger, like Drew Stafford, Thomas Vanek, or Alex Chiasson seems possible, but anything bigger could be a long shot. So the short answer to your question is no, they won’t make “big off-season moves”. They could make a small, but significant move or two, but chances are a big trade would come closer to the Trade Deadline after they give the kids a shot first.
Leafs Notes: Bracco, Woll, Dzierkals
As the Toronto Sun’s Lance Horby reports, highly-regarded Toronto prospect Jeremy Bracco is curiously absent from Leafs’ development camp for the second day in a row with an undisclosed illness. Bracco reported for camp, but has not seen the ice and the team has yet to make an announcement regarding his whereabouts or condition. Bracco, the team’s second-round pick in 2o15, is a candidate to make the Leafs roster for the 2017-18 season, but a development camp appearance would go a long way to securing that spot. After scoring 83 points in 57 games in the OHL last season, Bracco has shown that he can score at a high level. Nevertheless, the undersized winger has a long way to go to prove that he’s NHL-ready and missing valuable time with the Toronto coaches could hinder his chances of making the team.
- Development camp lost another big name today, as goaltender Joseph Woll left with a leg injury. The Leafs’ third-round selection in 2016, the 18-year-old Woll just finished his freshman year at Boston College and is years away from NHL enlistment. However, there will surely be concern over the extent of the injury and the loss of valuable ice time at camp for Toronto’s goalie of the future.
- One player looking to take advantage of some more attention with other big name sidelined is Martins Dzierkals. The 20-year-old winger told Michael Augello that his goal this off-season is to earn a spot in the organization, rather than return to the QMJHL for his overage season. Dzierkals was selected in the third round in 2015 and has been better than a point-per-game scorer for the Rouyn-Noranda Huskies ever since, but still may not be a shoo-in for a roster spot with the AHL’s Marlies. Toronto has 48 players signed out of a possible 50 already and that roster crunch, perhaps even more than Dzierkals’ ability, could keep him in juniors for another year.
Liljegren Will Develop Outside NHL; Is Bozak On The Move?
Toronto’s first round pick Timothy Liljegren has impressed in development camp with his size and skill, working with Stephane Robidas. At a healthy 6’4 and after being projected to go much earlier, some Leafs fans have hoped that they might get a glimpse of the young Swede on the backend. Outside of pre-season, that doesn’t seem to be the case. In all likelihood, it seems Liljegren will be headed back to Sweden or to the Ontario Hockey League, according to his own comments on NHL.com. The Leafs’ defense is particularly deep, so it was always a long-shot to see him crack the squad. Management won’t look to rush him into a roster spot, and that seems a wise decision. Regardless of his very apparent ability, further development at a lower level will only improve his staying power in the NHL.
- As mentioned in an earlier PHR post, the New York Post’s Larry Brooks mentioned Tyler Bozak as a potential target for the Rangers. But it also seems probable he could land elsewhere. Many teams are on the hunt for cheap center help, and with Toronto looking towards their future contract obligations, Bozak seems rather expendable. Pittsburgh is absolutely in need, and he would be a phenomenal fit with Phil Kessel, considering their past chemistry. Another team who is very willing to make moves at the moment is Arizona. They already stole a valuable player in Derek Stepan, but GM John Chayka seems adept in transaction and eager to engage the trade market. Adding Bozak would add some two-way ability and allow other players, such as Christian Dvorak, to slot back into more natural roles. After apparently missing out on the Matt Duchene sweepstakes, Bozak could even be a decent option for 3rd pivot in Nashville. Bozak will draw lots of attention if and/or when he is shopped.
- The Red Wings are not looking to make many moves at the moment, according to Michigan Live’s Ansar Khan. The Tomas Tatar negotiations are apparently not going well. Khan believes the team could look to move him later on, but both parties expect him to play the bulk of the season before that option is considered. Andreas Athanasiou would be another option to move, but again Khan believes the team will see how well it does in battling for a post-season berth before heading in that direction. GM Ken Holland seems to be relatively content with the group he has, and with few off-season moves it could be another rough year in Detroit if certain players don’t make incredible strides.
Leafs’ Cap Woes Not Yet Fatal
Much has been made by the Toronto media in recent months regarding the team’s future cap situation. Currently, they sit at $3.929 MM over the cap ceiling. That issue is relatively unimportant considering the players that will end up on long-term injured reserve, but the sudden pressure of being “in the red” has started to make analysts nervous about the team’s future. The man source of concern surrounds the three star youngsters, Auston Matthews, Mitch Marner, and William Nylander, who will all need contracts before 2019-20. The 21 year-old Nylander’s RFA year is 2018-19 so his contract will be the first domino to fall.
Recently, Howard Berger penned an article proposing the necessity of moving on from one of Marner or Nylander due to impending budget restraints, and he ultimately advocated for the movement of the latter. The Toronto Star’s Damien Cox takes a more comprehensive look at the situation, but ultimately comes down with a fatalistic view of the situation – that it can only be rectified by abandoning one of these players in their primes. The author postulates that an approximate “37 percent of Toronto’s payroll” could be sacrificed to just that trio, estimating that the cap will rise only moderately (likely true).
There’s a very solid possibility that Toronto is overvaluing their own players’ worth a tad. There is also the incredible probability that one of the three may have a setback year, at least points-wise, which will bring a contract back down into reasonable territory. Matthews may not even make $10 MM on his first deal, and Marner and Nylander look to be only slightly more valuable collectively contract wise than say, Tyler Johnson and Ondrej Palat. Will the contracts be expensive? Absolutely. But will the three earn $30 MM combined? Not likely.
Ultimately, Toronto has difficult decisions ahead. Cox was correct in his assessment that Toronto is “going for it” now – the Patrick Marleau and depth player signings confirm that the team wants to compete in the short-term. But the long-term prospects probably don’t include sacrificing any of these players. With a combined cap devotion of slightly above 30%, the situation is entirely manageable. The go-to example for star-power, of course, should be the Pittsburgh Penguins who have successfully shuffled accessory pieces out as they begin to become overpaid. Their big three – Sidney Crosby, Evgeni Malkin, and Kris Letang account for $25.45 MM of the team’s salary, a solid 34.8% of the allowable cap last season. Toronto fans shouldn’t start hitting the panic button, and internally the course ahead financially is likely already plotted. The team will need to find players on cheap contracts and hunt for bargains, while moving out older expensive pieces as the core group matures. Adding Marleau for a third season also wasn’t particularly helpful as 2019-20 will be the tightest fit. That said, Marner and Nylander shouldn’t start packing their bags just yet.
Rangers Ready To Move Nick Holden For Help At Center
Don’t be surprised if the New York Rangers move out defenseman Nick Holden in the coming weeks. After signing Kevin Shattenkirk and re-signing Brendan Smith to long-term contracts last week, the Rangers now have five solid defensemen and rather than have Holden languish on one of the bottom-six defensive rotation spots, the team may be ready to use the veteran defender as a trade chip to acquire a center. According to the New York Post’s Larry Brooks, the Rangers might be looking to use Holden to go after Toronto’s Tyler Bozak if the Maple Leafs make the 31-year-old center available now that they have signed Patrick Marleau to a three-year contract.
Toronto, which is currently over the cap by $3.9MM (via Cap Friendly) after the signing, must make a move to get them below the cap. Bozak would make sense as he is on the last year of his contract at $4.2MM and is not likely to be resigned with the Maple Leafs cap issues that will be greeting them in the future. Bozak had a productive season with Toronto last year, putting up 18 goals and 37 assists, while averaging 16:26 of time on the ice. The Rangers, who traded away center Derek Stepan to Arizona to free up some cap space to invest in their defense, must find help to fill that vacant center position as the team currently only has Kevin Hayes, Mika Zibanejad, J.T. Miller and recent free agent acquisition David Desharnais on its roster at that position. Bozak would provide that much needed depth and could even earn a spot as the team’s second center, according to Brooks.
The Rangers don’t need Holden as much on defense as they also have two young defenders who are ready to contribute on defense in 23-year-old Brady Skjei, who had a solid season for the Rangers last year, and 21-year-old Anthony DeAngelo, who they picked up in the Stepan deal. While the Leafs did just sign 36-year-old veteran Ron Hainsey from the Stanley Cup Champion Pittsburgh Penguins to add to their defense, adding a quality veteran like Holden might be a good fit and offer defensive depth they currently do not have.
Zach Hyman's Contract Includes Limited No-Trade Clause
The Maple Leafs handed out a four-year contract for one of their depth players on Wednesday, inking Zach Hyman to a $9MM deal. While the deal will keep him as one of the lower paid forwards on the team, CapFriendly reports that it also includes a limited no-trade clause in the final two seasons.
Hyman will submit a list of ten teams that the Maple Leafs cannot trade him to, a clause it seems is included in every contract given out this year. The 25-year old winger grew up a Leafs fan in Toronto and has strong ties to the community, and has been clear this is where he wants to play out his career if possible.
- Marek Mazanec has cleared waivers, giving the Nashville Predators even more leverage in his soon to be scheduled arbitration hearing. The Maple Leafs employed a similar tactic with Peter Holland last season before his arbitration hearing, eventually signing him to a $1.3MM deal that was closer to their submitted $900K offer than his requested $2.1MM. The Minnesota Wild did a similar thing with Jordan Schroeder before getting him to agree to a two-way deal. It had been previously suggested that the Predators were going to move on from Mazanec, but after issuing him a qualifying offer and him filing for arbitration, it’s unclear where the two sides stand.
Leafs Re-Sign Zach Hyman
The Toronto Maple Leafs have signed forward Zach Hyman to a four-year contract extension, thereby avoiding arbitration. The cap value is $2.25 AAV, but breaks down in real dollars as $2 MM annually for the next two seasons, and $2.5 MM annually for the 2019-20 and 2020-21 seasons. Hyman applied for arbitration today, but the parties were able to come to a deal without needed to fully exercise that option.
Hyman is an intriguing piece of Toronto’s impressive young roster. This deal could be a real bargain for Toronto as they try to squeeze other youngsters’ new contracts under the cap in coming off-seasons. Hyman looks to be a consistent 40 point player and for the other assets he brings, this is more than fair value. The 25-year-old is a bit of a late bloomer, just playing his first full NHL season this year, racking up 10 goals and 18 assists through 82 games. Under Mike Babcock, the nuts-and-bolts forward has really developed his overall game. He’s a sparkplug on the ice and is agile on his feet. He also plays bigger than his 6’0 frame, getting in on the forecheck and generally being an annoyance to opposing defensemen.
Hyman has also showed chemistry with standout rookie and probable franchise player Auston Matthews, playing a good portion of the season on his left wing. Hyman tends to do the dirty work in front of the net and in the corners while Matthews finds soft spots in coverage. He is versatile, however, and can slot up and down the lineup as needed. He can play both wings with relative proficiency, as well as center in a pinch. As a third wheel for any of the high-flying offensive threats the team has, he’s a wonderfully useful player. Toronto is likely most happy about the ability to buy out some of his unrestricted years while Hyman is likely grateful for the security. There’s not much to complain about for fans of the team, as Toronto was able to avoid the single or two year deal that would have resulted from the arbitration process.
Of note, this deal currently puts the Toronto Maple Leafs at $3.93 MM over the cap ceiling. Teams are allowed to exceed the cap ceiling in the off-season by 10 percent in the off-season, but must be compliant by the start of the year. The team still also is expected to re-sign RFA Connor Brown, but they will have both Joffrey Lupul and Nathan Horton headed to LTIR once the season begins.
Who’s Playing On Another Team’s Dime?
The most recent CBA introduced retained salary transactions—trades where a team trade a player but agree to pay a percentage of his salary. This is ideal when a team wants a player but will have trouble fitting him in under the cap. The ability to retain salary comes with restrictions, however, so let’s briefly look at how retained salary transactions work before looking at which players are subject to them.
- A team can retain up to 50% of a player’s average salary (including bonuses);
- The retained salary amount is uniform over the full length of the player’s contract;
- A team can retain up to three players’ salary at one time;
- A team cannot have more than 15% of the salary cap devoted to retained salary;
- A team cannot retain salary on a player who is already subject to two current retained salary transactions;
- If a team acquires a player with retained salary, then trades him while also retaining salary, the second retained salary agreement cannot modify the initial retained salary agreement;
- Teams cannot reacquire a player within a year of trading him if it agreed to retain salary in the initial transaction (unless the player’s contract terminated);
- Retained salary obligations apply to any cap advantage recapture amounts; and
- Retained salary obligations still apply if a player is bought out or loaned to an AHL club. The NHL team would pay a portion of the player’s AHL salary (if applicable).