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Trade Rumors: Faulk, Bobrovsky, Ritchie, Wood

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When TSN released their off-season Trade Bait List in early July, Carolina Hurricanes defenseman Justin Faulk was ranked #4, among the most likely players to be dealt. A little more than two months later, all three players ranked ahead of him – Erik Karlsson, Max Pacioretty, and former teammate Jeff Skinner – have changed teams, while Faulk remains in Raleigh. But for how much longer? Appearing on TSN Radio 1050 recently, insider Pierre LeBrun revealed that Faulk was a target of the Toronto Maple Leafs this summer and speculated that the team could still move to acquire him this season. LeBrun opines that Faulk, a right-handed shot signed to an extremely reasonable $4.83MM cap hit over two more years, would be a perfect fit for the Leafs. Toronto has long been searching for a top pair defenseman to complement lefty Morgan Rielly and Faulk fits the bill. LeBrun speculates that the Hurricanes are likely asking for a major package in exchange for Faulk, but meeting those demands may not be an impossible task for Toronto. Several Maple Leafs players and prospects could fill gaps in Carolina, such as veteran center Nazem Kadri, promising wingers Kasperi Kapanen and Andreas Johnsson, and young goalies Garret Sparks and Joseph Woll, as well as a full cabinet of draft picks. There have also been some inclinations that the Hurricanes are preparing to move on from Faulk as well, such as acquiring a new top pair righty in Dougie Hamilton and passing over Faulk, a career ’Cane, for their captaincy. The team is under no pressure to deal their long-time stud defenseman, but if GM Don Waddell receives a strong enough offer, he seems likely to pull the trigger.

  • Columbus Blue Jackets GM Jarmo Kekalainen has been clear that he does not want to trade either Artemi Panarin or Sergei Bobrovsky, but as both remain unsigned and approaching free agency and trade calls continue to come in for Panarin, there has been rampant speculation as to where the star winger may land. After recent comments from Bobrovsky that could be read as implying that his time in Columbus could soon be over, many have begun to predict where he may land as well. In a recent segment for TSN Radio 1200 in Ottawa, Darren Dreger stated his belief that the New York Islanders would be the front runners in a Bobrovsky trade scenario. Dreger adds that there will be more than a few suitors should the two-time Vezina winner hit the trade market or, better yet, the open market. However, Dreger feels that the Islanders and new GM Lou Lamoriello feel more pressure to add a true No. 1 goaltender in their hopes of soon returning to contender status. The Isles currently roster unpredictable Robin Lehner, on a one-year deal, and failed starter Thomas Greiss, as well as two prospects overseas in Ilya Sorokin and Jakub Skarek. Lehner and Greiss do not instill much hope and Sorokin may never make the jump to North America. The Islanders are without a solution in net in the immediate future and could target Bobrovsky at any cost to solve that problem.
  • How long will the Anaheim Ducks and New Jersey Devils wait on contract resolutions with Nick Ritchie and Miles Wood respectively? The restricted free agents continue to hold out for better contracts and miss valuable time in training camp, despite underwhelming numbers through their first three seasons to support their absence. At this time last year, Columbus Blue Jackets RFA forward Josh Anderson – a similar power forward-style player – remained unsigned and was the subject of numerous trade rumors. Yet, Anderson had just 34 points through 96 games in his first three seasons, whereas Ritchie and Wood have more experience and production through the same amount of time. Ritchie, a first round pick in 2014, has 59 points in 186 games. Wood, one of the Devils’ top scorers last season, has 49 points through 137 games. One would think that either team could drum up interest if they began actively shopping their respective RFA, but it hasn’t happened to this point. Wood is not without flaws to his game, but has exceeded expectations and played a major role for New Jersey last season and with more play time has the potential to be even better. In contract, Ritchie has his strengths, but has not lived up to his first-round billing. Between the two, it would be less of a surprise to see Anaheim part with Ritchie.

 

Free Agency Notes: Blue Jackets, Islanders, Edler

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Even if the Columbus Blue Jackets are the best team in the NHL this season – something some analytics pundits don’t think is outside the realm of possibility – the recurring story line all season will be the impending free agency of stars Artemi Panarin and Sergei Bobrovsky. Much has been made about the futures of these two all-world players, but now that training camp has arrived, the question is whether their fates have already been decided.

As The Athletic’s Aaron Portzline writes, Paranin did set a deadline of September 13th for all contract negotiations to be completed, stating that he would not continue negotiations in-season. That deadline has now passed. However, Portzline also notes that this ultimatum was issued not long after Panarin rejected an extension offer from the Blue Jackets. Perhaps Panarin’s deadline was more about pressuring Columbus to trade him prior to the beginning of the season than it was to come together on a new contract. Yet, GM Jarmo Kekalainen does not see it that way: “There’s no such deadline in my book. It’s July 1, 2019″.” The team clearly believes that their best plan of action is to enter the season with Panarin and see how things go, continually pushing for an extension up to or through the trade deadline.

Meanwhile, Portzline notes that Bobrovsky has spent much of his off-season alongside Panarin and there is a chance that he has rubbed off on the veteran goaltender. Negotiations with Bobrovsky have reportedly been ongoing and there is no reason to think that they won’t continue. Of course, the Blue Jackets have no plans to trade Bobrovsky and may not all year. However, Portzline also writes that Bobrovsky’s mood when speaking with the media yesterday implied that he may also be ready to walk at season’s end. Bobrovsky said “After last season, I told the situation to the management of the Blue Jackets, so they know everything. They know my plans for the season. They know my plans for the future. They know everything.” When asked if that meant that this season would be his last in Columbus, he added “We’ll see. You have to ask them.” Portzline even says that Bobrovsky briefly spoke in the past tense about his time with the team and seemed like a person whose mind was made up. It wasn’t exactly the positive note that the team and its fans wanted to begin the season with, but then again success can be the solution to many problems. A strong start to the season, and especially a strong end to the season, could convince either player to re-sign and keep the Blue Jackets trending toward being Stanley Cup contenders.

  • Anders Lee and Jordan Eberle don’t foresee their impending free agency as a similar situation to that of former teammate John Tavares. Rather, both players expressed their happiness with playing for the New York Islanders when speaking with Newsday’s Andrew Gross. They also agreed that they didn’t want their contracts to be a distraction to them or the team and only hoped for a strong start to the season. Lee, 28, is a career Islander coming of the best season of his career and may be a player that new GM Lou Lamoriello and company see as a core piece moving forward. The same could go for Eberle, 28, who excelled last season after coming over from the Edmonton Oilers. Given the Islanders’ enviable salary cap flexibility and prospect depth, the team can afford to give both Lee and Eberle the contracts they want, likely long-term at $6.5MM+ AAV, if they are happy in New York. The same can’t be said for fellow impending UFA Brock Nelson, who also talked with Gross. Nelson has a long way to go to prove he is worthy of a long-term commitment from the Isles and will be given a chance to prove that. Short of a career year for the two-way center, he is likely a trade casualty in the coming season.
  • Despite being included in trade rumors for the past two or three seasons now, Vancouver Canucks defenseman Alex Edler might not be going anywhere. The Athletic’s Jason Brough reports that Edler would like to re-sign with the team this season before the final year of his contract expires. He tells Brough that, were it up to him, he would never play for another NHL team. “If something can be worked out, I would love to stay here,” Edler said, “Even though we’ve had some tough years, this is kind of an exciting thing to go through. There’s change and a lot of young guys are coming in. You see how they are developing. There’s nothing now, but we’ll see. We’ll see what happens.” The veteran seems more than happy to go through the rebuild process with the Canucks and continue to be a leader in the locker room and on the blue line. In that same vein, Brough doubts that Edler will be willing to waive his full No-Trade Clause if Vancouver does look to move him for picks and prospects this year. Edler dodged a question on the subject and continued on about how much he would like to remain with the team. The 32-year-old still has plenty of gas left in the tank and perhaps refusing a trade would really prove his loyalty and earn him a short-term extension. That remains to be seen, but the status of Edler, like any prominent impending free agent, is not a story line that is going to go away this season.

Vancouver Canucks Struggling To Move Ben Hutton

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The quietest stretch of the NHL off-season is upon us, but at least one team is still working the phones and trying to make some noise on the trade market. In a piece previewing the 2018-19 season for the Vancouver Canucks, The Athletic’s J.D. Burke includes a note on defenseman Ben Hutton, who he claims the team has actively been trying to unload. Unfortunately, there just don’t seem to be any takers.

In fact, Burke claims that internal trade discussions regarding Hutton’s future with the Canucks have been ongoing since early last season. While there was reportedly interest from several teams back in February, ahead of the NHL Trade Deadline, no deal came together and Hutton continued to struggle over the remainder of the season. Burke cites a downward trend in production over the past two years, as well as a corresponding loss of ice time, as reasons why Vancouver wants to move on and perhaps why no other team wants to jump in. The former UMaine defenseman surprisingly nabbed a roster spot in 2015-16 and impressed as a rookie, recording 25 points and immediately showing an innate ability to block shots and smother offensive chances in his own zone. Hutton didn’t seem to improve noticeably in his sophomore campaign, recording only 19 points and failing to grow his puck-moving ability, but he did find the back of the net four more times than the year prior and continued to be a shot-blocking asset and smart defender in increased play time. There was no such silver lining last season though; Hutton played in ten fewer games, saw more than two minutes less ice time per night, dropped to just six points for the year, and even slipped in his defensive game.

Yet, Burke still opines that the analytics show that Hutton is still a strong defensive player and a positive presence for the Canucks and even goes so far as to say that he should still be playing a prominent role on the blue line, perhaps even paired with Chris Tanev. With first-round pick Quinn Hughes headed back to school and young Olli Juolevi yet to earn a roster spot, Hutton is unquestionably still one of the top seven defenseman on the Canucks. Despite some regression, he would be penciled in as a starter if he isn’t moved and his $2.8MM cap hit, while steep, is not an issue for a team with ample space. Why then is Vancouver so eager to move him? Burke also claims that Hutton has simply fallen out of favor with coach Travis Green. As such, Hutton is clearly in need of a change of scenery and the Canucks are trying to provide him with just that. Hutton could play a bottom-pair or depth role on many teams in the league and Vancouver could bank of Juolevi as a replacement or take advantage of a free agent market still stocked with capable defenders. It thus makes sense that both sides would want a trade. The only question now is whether they will find one. So far, it hasn’t been an easy task.

The Contract Each Team Would Most Like To Trade: Part II

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Nearly every team has one of those players: a top talent they were excited to sign and never thought could do anything but help them. In hindsight, history shows that more often than not, expensive, long-term free agent contracts don’t work out. It may look good at first (or it may look bad right away to the outside observer), but players struggle to make their value last throughout a lengthy contract. Those contracts come back to bite teams and are hard to get rid of. As teams begin to finalize their rosters at this point in the off-season, many are struggling to make everyone fit under the salary cap and are regretting these past signings that exasperate a cap crunch that can be tough for even a mistake-free club. We already took a look at the first third of the league; here are the contracts that each team would most like to trade, from Detroit to Ottawa:

Detroit Red Wings: Frans Nielsen – four years, $21MM remaining

As speculated by some readers in the comments section, it was no mistake that Part I ended with Dallas. Detroit deserved both some extra consideration and to lead off an article about poor contracts. There is an argument to be made that almost every single player age 28 and over on the Red Wings roster is signed to a bad contract for one reason or another. Detroit is a team that ranks towards the bottom of the standings and towards the top of the salary cap and that is not just bad luck. However, some are much worse than others and they are so bad that it is tough to choose between them. Take this scenario: Player A scored 35 points in 75 games last season. It was 14 points more than the season prior, including six more goals, and Player A also led the team in hits. He is 31 years old and signed for five more years at $4.25MM per. Player B scored 33 points in 79 games last season. It was eight points less than the season prior, and Player B also had the worst face-off percentage among the team’s centers. He is 34 years old and signed for four more years at $5.25MM per. Still undecided about which contract the team would rather trade? Player A is a Michigan native and career Red Wing and Player B is entering only his third year after signing a lucrative free agent contract. Player A of course is perennial whipping boy Justin Abdelkader. Yes, the Abdelkader contract is terrible. At no point in his career has he been worth his current contract value. Yet, he improved last season, is younger and brings a defensive element to his game, and is also loyal to the current administration – the call of the question after all is which contract the team would most like to trade. That would instead be Player B, Frans Nielsen, who at 34 is predictably declining and last year made more than Abdelkader for less production and there is no reason to believe that trend won’t continue. The team rewarded Adbelkader for years of service, whereas they took a gamble on Nielsen that hasn’t paid off. One of those moves is far more regrettable. Nielsen is the guy, but he only narrowly edged out Abdelkader and defenseman Danny DeKeyser, who also has relative age and Detroit roots to his advantage.

Edmonton Oilers: Milan Lucic – five years, $30MM remaining

The Oilers can refute trade rumors surrounding Milan Lucic all they want. The truth of the matter is that GM Peter Chiarelli signed Lucic hoping that he could both produce with and protect Connor McDavid in Edmonton as he did for David Krejci in Boston. The only problem is that the 30-year-old power forward can no longer keep up with a player of McDavid’s caliber. Lucic managed to score 34 points last season, tied for fourth on the team, but that is nowhere near what is expected of a $6MM player, especially when he scored 50 in year one with the Oilers and topped that mark many times with the Bruins. Edmonton still may be holding out hope that Lucic can turn it around and be just as much of a scoring threat as he is a physical threat, but make no mistake that the team would be quick to get rid of his contract if the right deal came along. In contrast, the team would be far more hesitant to move a hefty contract like defenseman Andrej Sekera who has been good and injury-prone, rather than healthy and underwhelming.

Florida Panthers: Roberto Luongo – four years, $18.13MM remaining

Florida is a tough one. Dale Tallon has done a good job of locking up his core long-term and, despite being right up against the cap, there are few egregious contracts on the roster right now. Give it a few years and maybe Michael Matheson will hold this title, but for now it goes to Roberto Luongo by default. Of course, Luongo is beloved in Florida and the team doesn’t even have to carry the whole of his cap hit, with the Vancouver Canucks retaining $800K each year. However, the reality is that Luongo will turn 40 this season and it will be only the first of four years left on his deal. The Panthers have almost $8MM committed to two goalies for the next few years and the other, James Reimer, is younger and outplayed Luongo in 2016-17 and in more games to boot. While they both fought injuries this past season, it was Luongo back on top performance-wise, but the impressive numbers he did post came in just 35 appearances versus Reimer’s 44. Florida paying over $4.5MM per year to a backup goalie in his forties just doesn’t make sense and the team would be better off moving forward with just Reimer and Michael Hutchinson if they could find a way to trade Luongo. Another reason this contract is bad: both the Panthers and Canucks will be hit with cap recapture penalties if Luongo retires prior to 2022.

Los Angeles Kings: Dustin Brown – four years, $23.5MM remaining

For the first time in years, Kings fans are feeling good about Dustin Brown. That is why now is the perfect time to trade him. Brown had been the bane of L.A.’s existence for four years, registering no more than 36 points each year while eating up $5.875MM in cap space, when he finally broke out of his funk in 2017-18 with a massive 61-point season and one of the league’s best plus/minus ratings. The question now is whether the past four years were an aberration with this season setting a new baseline or will Brown regress back to his bottom-six production. With a cap-strapped roster full of expensive contracts for older players, L.A. can’t take the risk of keeping Brown around if the right opportunity presents itself. They would be forced to trade the career King if a taker came forward rather than hold out hope that he doesn’t revert back to his old ways of being drastically overpaid.

Minnesota Wild: Zach Parise – seven years, $52.77MM remaining

When the Wild signed 28-year-old’s Zach Parise and Ryan Suter to matching 13-year contracts worth almost $100MM apiece, they knew that those deals would have dark days at some point in the future. However, they never could have imagined that Parise’s decline would come so soon. Parise remains one of the most popular players on the team, but injuries have kept him off the ice and affected his play when on the ice over the ice and his stock is falling quickly. Parise has never been able to reach the peaks he enjoyed in New Jersey, but he still produced at a high level over his first four seasons with the team. The past two years have been a different story and Parise appears to be trending in the wrong direction. Now 33, Parise isn’t totally beyond help and could turn it around. If back at 100%, Parise has enough natural ability and enough talent around him to still be a $7.5MM player. However, it would be nearly impossible for Minnesota to ever move the behemoth that is his contract so, if somehow they received an offer, they would take it without a second thought. Fan favorite or not, there is too much risk associated with Parise moving forward.

Montreal Canadiens: Shea Weber – seven years, $55MM remaining

I know what you’re thinking and yes, the Carey Price contract doesn’t look great right now. However, an extension of any length and value for any player coming off an injury-riddled season would bring a skewed perception. Price has been one of the best goalies in the league for years and one bad season doesn’t change that. Will he lose that title in the next eight years? For sure, but it would be a shock to see the Canadiens move their poster boy any time soon. Their #1 defenseman is another question though. When Montreal acquired Shea Weber for P.K. Subban, they never could have anticipated that his body would break down so soon after. Injuries cost Weber all but 26 games last season and he will miss the beginning of 2018-19 as well. Weber doesn’t seem like the type of player who will retire early, but there is no guarantee that these injuries won’t slow him down significantly for the remainder of his contract. In fact, the only guarantee is that he will slow down over the next seven years. At $7.86MM, the Canadiens need Weber to be his dynamic two-way self. The team already has one overpaid stay-at-home defenseman in Karl Alzner and can’t afford another. If they could move Weber, they would.

Nashville Predators: None

GM David Poile flat out doesn’t sign bad contracts. Criticize the deals for Ryan Johansen and Kyle Turris if you like, but the bargain contracts throughout the rest of the lineup have allowed Poile to overpay for reliable centers and that is a team-building model that anyone can get behind.

New Jersey Devils: Corey Schneider – four years, $24MM remaining

The easy answer is that the Devils don’t feel any pressure to trade anyone on the roster. They currently have the lowest payroll in the league with nearly every player signed to a fair deal. Those who are overpriced – Travis Zajac and Andy Greene – play important leadership role and the only player signed to a substantially long-term deal is electric young blue liner Damon Severson. The one and only player that sticks out as a potential long-term cap problem is starting goaltender Corey Schneider. This may surprises some; after all Schneider trails only Tuukka Rask among active save percentage leaders. Schneider had been elite since arriving in New Jersey, but something started to change in 2016-17. His SV% fell to .908 and his GAA inflated to 2.82 and then things only got worse last season with a SV% of .907 and a GAA of 2.93. He was also limited to just 40 appearances this year and was outplayed by journeyman Keith Kinkaid. The Devils can’t count on Kinkaid to repeat his 2017-18 performance moving forward and if Schneider’s back-to-back bad years are more than a fluke, they can’t depend on him for four more years either. He’s not going to be a $6MM backup either. New Jersey will give Schneider the time he needs to return to form, but they may not hesitate if the right trade comes their way as well.

New York Islanders: Andrew Ladd – five years, $27.5MM remaining

The Islanders without John Tavares are a totally different animal. A six-year, $30MM extension for Josh Bailey now looks bad. A $5.75MM cap hit this season for free agents Leo Komarov and Valtteri Filppula signed to make up for Tavares’ lost production looks bad. The likes of Cal Clutterbuck, Casey Cizikas, and Matt Martin now look worse on a team that needs more offense and less grit. However, the one contract that looked miserable well before Tavares bolted to Toronto is Andrew Ladd and it is only going to get much worse. The veteran forward was intended to find chemistry with Tavares when he was signed to a seven-year, $38.5MM contract two years ago. Instead, Ladd has just 60 points over the past two seasons combined and has by all accounts been relegated to a bottom-six role. The 32-year-old will now be asked to take a bigger role in Tavares’ stead and that is a scary proposition. The Islanders aren’t in any cap trouble, but the team should be thinking rebuild and would likely take any offer at all to rid themselves of Ladd.

New York Rangers: Brendan Smith – three years, $13.05MM remaining

Has any free agent contract in recent memory soured as quickly as Brendan Smith’s? Smith signed a four-year deal with the Rangers last June and was expected to play a top-four role for the team for years to come. By February, he had been placed on waivers and buried in the AHL. Smith played in only 44 games with New York and saw less and less ice time as the season wore on and he continued to turn the puck over at an alarming rate and cost his team goals. Now what? One would assume that Smith will be given a second chance this season, but the relationship between he and the team may be beyond repair. There is no doubt that the Rangers would take a re-do on that deal and would move him if possible. Marc Staal is another player that New York wouldn’t mind moving, but as a player who can eat minutes and provide solid play most of the time, his $5.7MM contract seems like nothing next to Smith’s $4.35MM deal.

Ottawa Senators: Bobby Ryan – four years, $29MM remaining

No contract in the league has become as notorious for being labeled a “bad deal” that the team is desperate to trade like Bobby Ryan’s. The Senators are so determined to move on from Ryan that they are trying to force Erik Karlsson trade suitors to take the overpaid forward as well. At one point in time, $7.25MM per year for Ryan seemed like a fair deal. At 23 years old he was a 71-point player with the Anaheim Ducks and even after moving to Ottawa, Ryan started his tenure with three straight seasons in the 50-point range. However, the last two years have been very different. Ryan has only suited up for 62 games in each campaign and has looked like a different player on offense. At his best, he looks disinterested and lucky to be in the right place at the right time and at his worst he costs his team goals. Ryan has managed to register only 58 points combined over the past two years; he had 56 alone in 2015-16. Ryan may just need a change of scenery to jump start what used to be dynamic goal-scoring game, but the Senators don’t care about that. All he is to them is a waste of cap space and of owner Eugene Melnyk’s dwindling wealth. They want him gone at any cost.

Look out for Part III of this three-part series early next week…

 

Poll: Where Will Max Pacioretty End Up?

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The Montreal Canadiens are looking to move Max Pacioretty as soon as possible. The captain’s contract expires at the end of the coming season and there will not be an extension. The Habs are also unlikely to be contenders this year. As such, Pacioretty is on the trade block and probably on the move soon.

Where could he end up? The first thought is the San Jose Sharks. The Sharks were reportedly close to a deal for Pacioretty at the NHL Draft but couldn’t get it done. Since then, they missed out on John Tavares and are still in need of scoring with cap space to spare.

San Jose was not alone in losing out in the Tavares sweepstakes. Assuming the Boston Bruins are an unlikely destination given their status as Montreal’s biggest rivals, that still leaves teams like the Dallas Stars and New York Islanders as possibilities. The Islanders in particular are in major need of a boost up front and have the young assets to make a deal.

Teams that have previously shown interest in Pacioretty include the Florida Panthers and Nashville Predators. The Panthers already landed Mike Hoffman this off-season and are lacking cap space, but could still potentially make it work. The Predators have significantly more space and some intriguing young pieces to offer and would be a team that Pacioretty certainly wouldn’t mind ending up with long-term.

As always, the Pittsburgh Penguins and Chicago Blackhawks cannot be ruled out. Their respective GM’s are always in on the action and both teams are known to be looking for offensive depth. Would Pittsburgh consider swapping Derick Brassard in a deal for Pacioretty? Could Chicago use their newfound cap space from the Hossa trade to bring in a similar scorer? The answer to both of these questions is a definitive maybe.

Who do you think needs Pacioretty most or can put together the best offer?

Poll: Who Will Be The Centerpiece Of The Next Big Trade?

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Given the players remaining on the free agent market, any further fireworks this summer will likely come via a blockbuster trade. It certainly seems possible too, with more than a few major names being floated around. Who will be the first to go?

The biggest fish available for a lucky team to catch is obviously all-world defenseman Erik Karlsson. With one year remaining on his contract and on a sinking ship in Ottawa, the Senators have little choice but to trade the Norris Trophy winner. However, finding the right deal to get a fair return on a player of Karlsson’s caliber is proving difficult and talks between Ottawa GM Pierre Dorion and both the Tampa Bay Lightning and Dallas Stars have reportedly broken down. The noise surrounding a potential Karlsson trade has died down significantly over the past few days.

Another trade target whose apparent availability is being downplayed in Edmonton Oilers winger Milan Lucic. Early in the off-season, there was rampant speculation that a Lucic trade was inevitable. Some said that the team wanted to move on from the remaining five years and $30MM of the underachieving forward’s contract, while others said that it was Lucic who was unhappy in Edmonton and was seeking a trade. Both sides have denied claims that they are seeking a separation, but as most trade rumors go – where there’s smoke, there’s fire.

There’s also Max Pacioretty, who was close to being traded during draft weekend but ended up remaining with the Montreal Canadiens. The Habs captain is coming off of a down year and is in the final year of his contract, making his trade value the lowest that it has been in years. Yet, it has continually been reported that the Canadiens are listening on offers. Those reports have grown quiet over the last week or so and it could be that Montreal has simply opted to retain one of the faces of their franchise, but don’t rule out the possibility of a deal just yet.

As potential Karlsson, Lucic, and Pacioretty deals have lost some steam, Columbus Blue Jackets’ star Artemi Panarin has emerged as a popular trade target. Panarin, to his credit, was honest with the organization that he remains unsure if he will be willing to sign a long-term extension to stay in Columbus before his contract expires after next season. As a result, GM Jarmo Kekalainen and company have begun to explore any possible trade scenarios should they choose to mitigate the risk of losing Panarin for nothing as a free agent by dealing him away. However, Panarin is still a young and highly productive player who hasn’t flat out said he won’t resign with the Blue Jackets and the team may be understandably cautious in making a decision on what to do with him.

Another situation playing out between a team who would rather hold on to their asset is the Minnesota Wild and winger Jason Zucker. Zucker filed for salary arbitration this off-season and, after a career season, is due a major bump on his previous $2MM salary. However, the Wild have a surplus of NHL-caliber forwards and a likely shortage of cap space needed to sign both Zucker and young defenseman Matt Dumba. Dumba and the blue line are the priority, potentially making Zucker expendable. Minnesota will do what they can to keep him, but may not have a choice but to get what they can for the 26-year-old scorer.

Finally, there are the Carolina Hurricanes. Last month, there was not hotter name on the rumor mill than forward Jeff Skinner. Approaching the NHL Draft, several insider went so far as to guarantee that he would be traded in the coming days. More than two weeks later, Skinner remains a Hurricane. There is surely a market for Skinner, but the team and new GM Don Waddell have stated that they simply haven’t received an offer yet that they were comfortable with. Carolina clearly values what Skinner brings offensive and the Hurricanes need to be better at scoring next season. Where they have strength and depth is the blue line, yet they have managed to add both Dougie Hamilton and Calvin de Haan this off-season. The team is now overloaded with talented defensemen, especially on the right side, and there is an expectation that veteran leader Justin Faulk is likely going to be odd man out and interest is high in the All-Star.

There are many trade possibilities available, including deals that include more than one of these players, but assuming otherwise: Who is most likely to be the next big name traded this off-season?

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Ottawa Offers Erik Karlsson Contract Extension

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The Ottawa Senators kept to their word Sunday as the team offered superstar defenseman Erik Karlsson a contract extension, according to NHL.com’s David Satriano. Terms of the extension offer were not disclosed. Despite the rumors of unhappiness with the ownership and his not willing to accept a “hometown” discount that has led to quite a bit of trade speculation over the past six months, general manager Pierre Dorion said the team had to make one final effort to keep Karlsson in the fold.

“We don’t really want to talk about roster players, contract negotiations, trades, all these things, but I think we owe it to our fans and we made a promise at the town hall that we would make a contract offer to Erik Karlsson and we’ve done so,” Dorion said Sunday.

Karlsson is in the last year of a seven-year, $45.5MM deal that he signed in 2012, which looks like a bargain as his AAV sits at just $6.5MM. However, with the sudden increase in salaries for star defenseman having increased, it’s likely that a new Karlsson deal will break the bank. Several defenseman have cashed in over the past few days, including Drew Doughty (eight years, $88MM, $11MM AAV), Oliver Ekman-Larsson (eight years, $66MM, $8.25MM AAV) and John Carlson (eight years, $64MM, $8MM AAV).

With increased trade rumors over the past week, there still hasn’t been a trade yet. The team has made it clear to teams that they are asking for a big return for their superstar center and have made it even more challenging for teams as they want the team also to take on the contract of Bobby Ryan, which still has four year left at $7.25MM. The Vegas Golden Knights have been the most talked about team since the trade deadline to get a deal done and they still could, but nothing has materialized yet. The Senators still have hope that Karlsson will sign an extension.

“I think Erik wants to be a Senator for life,” Dorion said then. “I don’t want to speak for him, I’ll let him speak for himself. We’ll see what the next few months bring, but if Erik Karlsson is here on July 1, we will be making him a contract offer.”

Rutherford Eyeing Trade Market To Improve Penguins

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Changes are coming in Pittsburgh this off-season, but GM Jim Rutherford is “not even really thinking about free agency right now”. Speaking with Josh Yohe of the Athletic, Rutherford admits that “we won’t really have the cap space to do anything anyway. We’re going to re-sign some of our restricted free agents. And at that point, we’re around the cap.” The Penguins need to re-sign RFA’s Bryan Rust, Riley Sheahan, Daniel Sprong, Jamie Oleksiak and more and even with the expected increase to the salary cap limit will only have $8-12MM maximum to work with. The team could make a couple additional minor moves here and there on the unrestricted free agent market, but Rutherford is correct that team is strapped for the cap space to make any significant signings this summer, at least as things stand now.

As a result, it is the trade market that Rutherford is more interested in. The team has already stated that they don’t plan to buy out any of their current players, but they could look to move them via trade. Atop that list are likely wingers Carl Hagelin and Conor Sheary and defenseman Matt Hunwick. In fact, the blue line appears to be the most likely area for a player to be traded away, as the team enters next season with six veterans under contract and Oleksiak and Frank Corrado as restricted free agents. Rutherford stated to Yohe that defenseman Brian Dumoulin is the most untouchable player on the back end due to his invaluable defensive play, and also expressed his fondness for Oleksiak and Olli Maatta as well. Rutherford said that the front office is optimistic that Kris Letang and Hunwick will perform better next year and were happy with the play of Justin Schultz and Chad Ruhwedel as they made up for Letang’s and Hunwick’s shortcomings respectively this season. However, Rutherford added that his comfort with this group doesn’t mean that won’t make a change.

The goal in making any deal is to improve the depth and youth of the Penguins’ forward corps. This explains why the team was connected to Max Domi recently, before he was traded to the Montreal Canadiens last week. The team is seeking versatility and upside up front and are willing to move substantial assets to get it, but Rutherford wasn’t willing to part with the Alex Galchenyuk-level ask from the Arizona Coyotes for Domi. Rutherford knows that even if he does nothing this summer, Pittsburgh will still be a contender, and as such he does not need to overpay in any trade. Sidney Crosby and Evgeni Malkin are not going anywhere and Rutherford has already confirmed that he is not shopping Phil Kessel. It’s safe to assume that young winger Jake Guentzel and new acquisition Derick Brassard are also safe. That is already shaping up to be a solid group yet again and the internal addition of younger players should add energy and potential. However, Rutherford’s preference still is to add depth and even more youth if he can to combat the injuries and fatigue that hurt his aging roster last year. Those are the moves he is looking to make this summer and it seems inevitable that at least one such transaction will be made by the expert executive. They may not be three-peat champions, but the Penguins are going to re-stock and be dangerous again in 2018-19.

Draft Day Trade Rumors: O’Reilly, Hoffman, Coyotes, Maple Leafs

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Given the last-place finish of the Buffalo Sabres and the comments made by veteran leader Ryan O’Reilly at the end of the season, it would come as no surprise if the team was to trade away their best player not named Jack Eichel in an effort to build around Eichel and his fellow promising young players. Earlier today, TSN’s Darren Dreger spoke on the extensive demands that Buffalo GM Jason Botterill has for any return in an O’Reilly deal and, while he admitted that a deal is beginning to seem more likely, felt that it would take a lot of work for any team to make a fair offer in Botterill’s eyes. Dreger’s TSN colleague and The Athletic reporter Pierre LeBrun seems slightly more optimistic about the likelihood of a deal. LeBrun admits that O’Reilly likely wouldn’t mind returning to Buffalo, what with Casey Mittelstadt and Rasmus Dahlin likely in the fold next year and beyond, and the Sabres may not mind keeping him. However, LeBrun opines that if John Tavares re-signs with the New York Islanders prior to the NHL Draft, the top center on the free agent market will be Paul Stastny and many teams would prefer to search the trade market instead, where O’Reilly appears to be the top prize down the middle. Given the Sabres’ desire to add young pieces – picks and prospects – to develop alongside their new, young core, the draft would be the ideal time to strike on an O’Reilly trade. LeBrun goes so far as to say that the Montreal Canadiens have already discussed such a deal.

  • Another player who LeBrun feels is primed to be dealt during or around the upcoming draft is Ottawa Senators forward Mike Hoffman. Hoffman was a frequent member of the rumor mill through the most recent NHL Trade Deadline, but remained in Ottawa, at least for the time being. LeBrun says that those rumors are back in full swing and that he feels Hoffman will be traded at the draft. The Senators are not trending in the right direction and could benefit from both the multi-piece return that Hoffman would command and a reprieve from his $5.18MM salary over the next two seasons. LeBrun notes that the Los Angeles Kings and Calgary Flames were the top suitors for Hoffman at the deadline, but the St. Louis Blues and Florida Panthers were also among a plethora of teams pursuing a player who has flirted with 30 goals and 60 points for three years in a row.
  • The Carolina Hurricanes and Vancouver Canucks have already been rumored to be listening on offers for their top ten picks in the upcoming draft; add the Arizona Coyotes to that list as well. LeBrun states that the team has contemplated offers and would consider moving up or down on draft day, depending on how the picks fall. LeBrun believes that GM John Chayka has already spoken with the Montreal Canadiens about a swap involving picks #3 and #5, in case the Habs feel they can get the top center in the draft, Jesperi Kotkaniemi, later on and if the ’Yotes have a preferred choice between potential second overall picks Andrei Svechnikov and Filip Zadina. He also feels that there is a strong chance that they could trade down, given the depth of defensemen in the first round versus the desire of other teams to move up for top forwards. Look for Arizona to be busy on the draft floor later this month.
  • Another team that could be making moves on draft day are the Toronto Maple Leafs. In a mailbag for The Athletic, Jame Mirtle says to expect new GM Kyle Dubas to trade down, perhaps even multiple times, during the draft. When Dubas ran the draft for the Leafs in 2015 he employed this strategy, seen far more often in the NFL than NHL. Dubas traded down twice in order to collect multiple picks in later rounds. In a draft that many feel has a significant drop-off in talent after the first 20-odd picks to a tier that encompasses the next 60 or so picks, if Toronto feels that they don’t have a surefire option at 25th overall, they could swap with a team who has a specific player in mind and potentially grab multiple player of similar caliber later on.

Poll: Superstar Defensemen On The Move

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Much has been made recently about the futures of five All-Star defenseman who are slated for free agency in 2019. Drew Doughty is working toward an extension with the Los Angeles Kings. Oliver Ekman-Larsson is sitting on an offer from the Arizona Coyotes. The Nashville Predators have made re-signing Ryan Ellis their priority this off-season. Ryan McDonagh was unable to bring home a Stanley Cup for the favorite Tampa Bay Lightning after a deadline blockbuster. And all of this has somehow overshadowed the potential availability of the Ottawa Senators’ Erik Karlsson. 

All five of these superstar defenders could sign extensions on July 1st. Of course, they could all be dealt away even sooner. Doughty seems closest on a deal, but has strict salary demands that could end up souring one side or the other. Ekman-Larsson has always seemed loyal to the Coyotes, but is understandably concerned about the future of the team given their struggles throughout his career. Ellis too has been a loyal soldier for the Predators and an extremely underpaid one at that. He could make far more and play a far greater role elsewhere. McDonagh was acquired for the Bolts to make a title run this year and next, but beyond that point the team may not be able to afford him. Finally, Karlsson is the ultimate prize. He has expressed a desire to get fair market value on his next deal and polarizing Ottawa owner Eugene Melnyk seems unlikely to match.

So, as the off-season gets underway and these five know that their futures will be determined in the next twelve months, the question is how many re-sign and how many move on, either via trade or free agency? Which of these stars will don the same jersey in 2019-20 as they did in 2017-18?

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