Retained Salary For 2018-19
Among the ways teams can increase the value of potential trade candidates is by retaining a portion of their salary. These moves are often used on star players who may have declined slightly and are no longer deemed worthy of their big cap hits, or at the deadline in order to fit in as many contracts as possible for the playoff stretch. Any team can retain up to 50% of a player’s salary for the remainder of the contract, though a single player can only be involved in two of these transactions per contract.
Teams meanwhile are limited to three retained salary transactions on the books at any one time, and they cannot in aggregate equal more than 15% of the cap ceiling. That means, for this season a team can retain up to $11,925,000 in salary given the $79.5MM cap ceiling. Some teams have already started in on that number given the previous retained salary transactions that they are still paying off. Below is a list of all the active contracts involved in transactions like this:
Arizona Coyotes
Mike Smith – Retained $1,416,667 per season through 2018-19
Boston Bruins
Matt Beleskey – Retained $1,900,000 per season through 2019-20
Carolina Hurricanes
Marcus Kruger – Retained $308,333 per season through 2018-19
Florida Panthers
Jason Demers – Retained $562,500 per season through 2020-21
Ottawa Senators
Dion Phaneuf – Retained $1,750,000 per season through 2020-21
Toronto Maple Leafs
Phil Kessel – Retained $1,200,000 per season through 2021-22
Vancouver Canucks
Roberto Luongo – Retained $800,000 per season through 2021-22
Vegas Golden Knights
Derick Brassard – Retained $2,000,000 per season through 2018-19
While these transactions are hardly crippling the above teams, they are something to remember when the trade deadline rolls around and clubs are trying to swap contracts. Teams like Toronto and Vancouver who have retained salary for another four years might not want to get into a similar situation and lock up two of their three possible options for the future.
The other question surrounding retained salary transactions will be how they affect the upcoming CBA negotiations, after teams like Vegas have acted as a sort of middle man. Brassard was never really part of the Golden Knights, only coming there on his way from Ottawa to Pittsburgh in order to reduce his salary for the Penguins. Though Vegas received compensation, it is not how the rule was intended to be used.
Erik Gudbranson On Track For Start Of Season
The NHL preseason is almost here and teams around the league are just hoping to have their entire roster healthy enough to suit up. The Vancouver Canucks aren’t going to have to worry about Erik Gudbranson, as Rick Dhaliwal of Sportsnet reports that the big defenseman has experienced no setbacks from his shoulder surgery and should be ready for the start of the season. Gudbranson injured his shoulder in November of last year but wasn’t shut down for surgery until mid-March.
The 26-year old Gudbranson has played just 82 games total in the two seasons since joining the Canucks, limited by injuries on a near daily basis. Originally selected third overall by the Florida Panthers, there are many who have pointed to his poor possession statistics as reason to believe that Gudbranson can’t be an effective top-four option in the NHL. Vancouver GM Jim Benning clearly disagrees, signing the 6’5″ 220-lbs defenseman to a three-year $12MM extension in February. Though Gudbranson doesn’t put up points, he is a feared opponent in his own end willing to engage physically and able to clear the front of the net. At his best, he’s a weapon on the penalty kill and can balance out a pairing playing against a more offensively-minded defenseman.
Unfortunately the Canucks haven’t seen much of him at full strength, something they hope to experience this season as they look to compete with a younger core. Vancouver has moved on from franchise icons in Daniel and Henrik Sedin, and are now placing the offensive burden on players like Bo Horvat and Brock Boeser. Gudbranson and other veteran additions like Antoine Roussel, Tim Schaller and Jay Beagle will be tasked with keeping the puck out of the Vancouver net and any attackers off the young player’s backs.
Adam Carlson, Pierre-Cedric Labrie Sign ECHL Contracts
No one likes to see former NHL players and prospects reduced to signing ECHL contracts to continue their pro hockey careers, but as the off-season wears on, opportunities are drying up and more players are being forced to make the difficult drop-off from a two-way big league contract to a one-way “AA” contract. Young goaltender Adam Carlson and veteran forward Pierre-Cedric Labrie are the latest names to endure this fate, as each of their new teams announced one-year contracts with the players today.
Carlson, 24, is no stranger to the ECHL. In fact, when he joins the Rapid City Rush, it will be his fourth different team in the league in a calendar year. Carlson suited up for the South Carolina Stingrays, Indy Fuel, and Kansas City Mavericks last season, while playing on a two-way contract with the Washington Capitals. While he did get into six games with the Caps’ AHL affiliate, the Hershey Bears, his pedestrian numbers in a small sample size weren’t eniugh to secure an AHL contract this off-season. A former star in the NAHL and a one-year standout at Mercyhurst University, Carlson was a well-regarded prospect when he signed with Washington in 2016. He was even fourth in the organization’s depth chart for a time behind Braden Holtby, Philipp Grubauer, and Vitek Vanecek. However, when the Capitals did not qualify him this off-season, it was clear Carlson was not going to be in the NHL any time soon. Still young and developing, Carlson’s pro dreams are not quite dead but he has his work cut out for him to get back into NHL consideration.
Labrie is in a very different situation. The 31-year-old winger has already had a taste of the NHL and has played in over 670 pro games. Yet, in all that time, Labrie has never suited up in the ECHL. The veteran left wing was undrafted out of the QMJHL, but signed an entry-level contract with the Vancouver Canucks as soon as he left juniors. Since, Labrie has made a career for himself in the AHL, playing for seven different teams over 11 years, all while playing on a two-way NHL contract for all but two seasons. Labrie has 196 points over his AHL career, including a career-high 35 in 2011-12. That same year, he also made his NHL debut, skating in 14 games with the Tampa Bay Lightning. In three seasons in the Lightning organizations, Labrie played in 46 games with Tampa, contributing five points. So, when the ECHL’s Wichita Thunder announced that they had signed Labrie, it was big news for the team. Unlike most players on one-way ECHL contracts, Labrie has NHL time, years of AHL experience as a leader and producer, and has never before played at that level. Unfortunately, it seems the market simply never developed for the veteran forward, though it is surprising to see such a well-traveled pro (and Patrick Roy‘s son-in-law) wind up at the AA level at 31 years old.
Brock Boeser, Vancouver Canucks To Discuss Extension Next Week
Though a ton of the focus in Vancouver this offseason has been on the somewhat odd additions they made in free agency, or the performance of top draft pick Quinn Hughes at the World Junior Summer Showcase, there is still plenty of work to be done to keep the organization on the tracks of their rebuild. One of those things is negotiating an extension with star forward Brock Boeser, who is already heading into the final year of his entry-level contract despite having just one full season under his belt in professional hockey.
Since Boeser was already 20 when he signed his first contract out of the University of North Dakota, he burned the first year of his ELC in just those nine games at the end of the 2016-17 season. He’s been eligible to sign an extension since July 1st, and according to Ben Kuzma of The Province the two sides had preliminary discussions last month. They also plan on talking again next week, though GM Jim Benning isn’t putting a deadline on anything:
We haven’t got down to talking term. We plan to circle back and I’m not sure where it’s going to go, but we want to see if we can get somewhere. There’s no time frame on it.
Brock is going to see the best matchup line and best defensive pair, but I don’t expect a drop-off. He has pushed himself hard to pick up where he left off and there are other contracts coming up in the league in the next six months that could drive up the price — I understand that part of it.
Benning is right about the fact that there are several potential extensions coming up around the league that could change the price tag for Boeser. Though he likely won’t quite match up with the mega contracts that Auston Matthews and Patrik Laine are headed for in their negotiations, there is a big group of other players that find themselves in a similar situation to Boeser after performing well early in their careers. Kyle Connor, Sebastian Aho, Matthew Tkachuk, Mikko Rantanen and Mitch Marner are all wingers who have found incredible success in their first few seasons, and are scheduled for restricted free agency in 2019.
All of them will be looking at other contracts signed by players like David Pastrnak, Nikolaj Ehlers and soon William Nylander as potential starting points but could eclipse the $6-7MM range that each of those players will fall into. Boeser could be the same, especially if he can prove he’s back to full health and can get back on a 40-goal pace to start the season.
There is little worry here that the two sides won’t be able to eventually come to some agreement, but the question is will the Canucks get any sort of discount by betting on Boeser before he’s shown his ability for a second season. With added pressure and tougher defensive matchups, there is always a real possibility that his numbers decline this season. Boeser did after all shoot 16.2% in 2017-18, though the eye test would lead you to believe that he’ll post above-average shooting percentages for his entire career. If that number drops significantly though, the Canucks might be able to parlay a down year into a better deal for themselves. The two sides are in a game of poker at the moment, wondering when to push all their chips to the middle. Whether that happens this summer or much further down the road still is yet to be seen.
Pacific Notes: Flames Forwards, Haula, Horvat
The Calgary Flames have made quite a few moves this offseason in hopes of reshaping their roster after a dismal second half that saw them out of the playoffs. However, the Flames new signings may have caused other issues that the team will have to deal with in a few years — namely the expansion draft.
The Athletic’s Kent Wilson (subscription required) writes that the team might be in trouble if/when the unnamed Seattle franchise has its expansion draft in 2020. Assuming all the rules are the same as they were for Vegas, Calgary will have a logjam of players at the forward position and won’t have enough spaces to protect some quality players.
Assuming there are no changes among forwards over the next two seasons, the team would likely protect or have to protect Johnny Gaudreau, Sean Monahan, Elias Lindholm, Mikael Backlund, Matthew Tkachuk, James Neal as six forwards they would likely protect. That would leave one spot open for players like Derek Ryan, Mark Jankowski, Sam Bennett, Andrew Mangiapane and Spencer Foo, which could leave several high quality players exposed to Seattle. Unless the team addresses these issues, the team may be giving Seattle a solid player.
- Adam Hill of the Las Vegas Review-Journal writes that the Vegas Golden Knights still haven’t decided on a plan for what they intend to do with second-line center Erik Haula after they signed Paul Stastny away from the Winnipeg Jets this offseason. Haula had a great offensive season, centering the second line with 29 goals and 55 points, but the line (along with the departed Neal and David Perron) struggled defensively. In fact, Vegas’ second line was one of the worst defensive lines in the league. “It produced, but the goals against per 60 minutes was not good enough,” said Vegas general manager George McPhee. “We were actually dead last among second lines in the league. You can just sort of look the other way on that or you can address it. We’re trying to address it.”
- J.D. Burke of The Athletic (subscription required) writes that he believes that Vancouver Canucks center Bo Horvat should continue to take his game to a new level as he has every year. However, if there is one area of Horvat’s game that could use some upgrading it would be his defensive game as that’s the weakest part of his game. The 23-year-old took his scoring game up a notch last year when he potted 22 goals, an improvement on his previous career-high of 20 goals, but Horvat missed 15 games last year, so to put up a career-high in goals is key. However, with the additions of players like Jay Beagle, Antoine Roussel and Tim Schaller, maybe defense won’t be that imperative.
Brock Boeser Camp In No Rush For New Contract
The Vancouver Canucks signed several veteran forwards in this summer to insulate their young core, bringing in Antoine Roussel, Jay Beagle and Tim Schaller on multi-year deals. While that solidifies the roster for the next few years, everyone is watching to see if the team will lock up Brock Boeser long term before he becomes a restricted free agent next summer. Boeser is eligible to sign an extension already, but his agent Ben Hankinson was on Sportsnet radio today explaining that they’re not in a rush to get something done.
I don’t think there’s any rush. Obviously Brock knows he has another year left and he’s going to go out there and play no matter what. He’ll probably be on the ice the next October in 2019 to start that season with a new contract too. Whenever it happens it happens. There’s no rush on our end.
I’d say, without putting a deadline on it, we’d like to get going once the season rolls and just play hockey. But there’s no deadline on it. [Canucks GM] Jim [Benning’s] a very level-headed guy and we have a really good relationship. So I’m not gonna say we won’t talk during the season if we don’t get something done, but who knows, it’s too early to say.
Boeser has been a star for the Canucks since the day he signed with them, scoring in his first NHL game just a day after being eliminated from the NCAA tournament. The young sniper went on to record 29 goals and 55 points in his first full season, though he was limited to just 62 games due to a scary back injury that put him on the shelf in early March. He’ll be back and ready to go in 2018-19, and could set himself up for a huge extension with another big season.
Though Boeser has just one season under his belt he’ll be 22 in February, meaning that entry-level contract will come to an end next summer at which point he could easily eclipse Loui Eriksson and Bo Horvat as the team’s highest-paid forward. He’ll have five years of restricted free agency left, but as we’ve seen with other young stars teams now like to lock up their future right away. If both sides wait until after this season and he puts up another near point-per-game campaign, you can expect him to be asking for a deal somewhere along the lines of David Pastrnak ($6.67MM AAV) or Nikolaj Ehlers ($6.0MM AAV). Where Dylan Larkin and William Nylander land in their respective contract talks will also likely be a good comparison, though there could be an argument that Boeser is an even more valuable piece than either given his impressive goal scoring ability.
If the two sides can reach an agreement this summer the Canucks may be able to keep that cap hit slightly lower given that Boeser still has just 71 games under his belt in the NHL. Vancouver has plenty of cap space to fit Boeser in going forward, especially given that several other key players should be joining the organization in the next few years on entry-level deals.
Vancouver Canucks Struggling To Move Ben Hutton
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.
Showcase Notes: Tkachuk, Hughes, Formenton
The World Junior Summer Showcase wrapped up yesterday with a pair of rivalry games, as the USA and Canada did battle before Sweden and Finland took to the ice in Kamloops. The USA-Canada game ended as chippy as contests between the two countries often do, with the final few seconds not even being played. At the final draw, 89 penalty minutes were handed out between several players when a melee broke out in the Canadian zone. In the middle of it was none other than Brady Tkachuk, who is already following in his brother’s footsteps as a player capable of getting under his opponent’s skin. He was given a 10 minute misconduct and a match penalty for intent to injure, though it wasn’t clear exactly what he did.
Tkachuk now has to decide whether to return to Boston University or sign with the Ottawa Senators and turn pro, a decision that was supposed to be at least partially based on his performance at this tournament if reports are to believed. Tkachuk can obviously compete physically with any player his age, but was held to just two assists in the tournament while recording several minor penalties throughout the tournament. It is quite clear that he’ll have an NHL career before long, but could still use some refinement in the offensive zone.
- One of the real stories in the tournament was supposed to be the play of potential 2019 first-overall pick Jack Hughes, but while the 17-year old was quite good his brother may have stolen the show. Quinn Hughes, selected seventh-overall by the Vancouver Canucks, was all over the ice for Team USA and showed off his wizardry with the puck in the offensive zone. The elder Hughes is headed back for another year at the University of Michigan, where he should be considered a real threat for the Hobey Baker if his scoring numbers take another step forward. For those who are still worried about his size and physicality, it should be noted that both Hughes brothers were involved in the final scrum and each received roughing penalties and game misconducts.
- While Hughes will have to wait for his chance at the NHL, one of the players from the Canadian squad might be ready to take the next step. Alex Formenton scored a brilliant goal against the Swedes earlier in the tournament when he used his blazing speed to drive wide, and head coach Tim Hunter believes he’s obviously “NHL caliber.” Formenton played one game for the Ottawa Senators at the beginning of last season and suited up twice in the AHL at the end of the year. While the London Knights are a great development option for him if he goes back to junior, the Senators might feel as though he can make an impact at the highest level right away.
Pacific Notes: Sutter, Karlsson, Talbot, Stone, McPhee
Much of the attention that has come towards the Vancouver Canucks this offseason either fell to their plethora of prospects, many of which seem to be ready to contribute next season, or their highly criticized signings of Jay Beagle, Antoine Roussel and Tim Schaller on the first day of free agency (not including the resignation of Trevor Linden). Regardless, The Athletic’s J.D. Burke (subscription required) writes that forgotten man Brandon Sutter‘s stock is definitely heading up this season.
The 29-year-old forward has provided the Canucks with a physical and defensive presence, but hasn’t been required to show his offensive skills. Suddenly, with scoring becoming a great team need and the addition of players like Beagle, Roussel and Schaller, the opportunity to play a more offensive role is suddenly in front of him.
One suggestion is to have Sutter center the team’s second line with Elias Pettersson playing next to him to start the season. Then once, Pettersson has adjusted to North American play, allow the two to switch places.
- After signing a one-year deal for $5.25MM this morning, Vegas Golden Knights center William Karlsson remained positive about staying in Las Vegas long-term, according to Jesse Granger of the Las Vegas Sun. He hopes he can duplicate the 43-goal season from last year, which should hand him the long-term deal he wants when he goes through restricted free agency again next season. “In an ideal world I would’ve liked a long term deal, but I like to bet on myself and that’s what this is. Now I can go prove myself,” Karlsson said.
- The Edmonton Sun’s Robert Tychkowski interviewed Edmonton Oilers goaltender Cam Talbot about the team’s signing of Mikko Koskinen to a one-year, $2.5MM deal. Koskinen is likely to take a much bigger role than the 15 games that Talbot didn’t play in. That signing likely had something to do with Talbot’s on-ice struggles as he went from a 2.39 GAA and a .919 save percentage in 2016-17 to a 3.02 GAA and a .909 save percentage. However, Talbot welcomes the challenge. “I like the competition,” Talbot said. “I enjoy it. It pushes everyone to be better. Maybe it will take a little bit of the starts away from me and I can be at the top of my game.”
- The Athletic’s Kent Wilson (subscription required) writes that the Calgary Flames made a poor move last offseason when they signed defenseman Michael Stone to a three-year, $10.5MM deal. The veteran defenseman was thought to be a top-four defenseman, but once the team added Travis Hamonic via trade, Stone was sent to the team’s third pairing and truly struggled last year. Now, with $7MM remaining on his deal over the next two years, Stone stands in the way of multiple young defenseman, including Rasmus Andersson. With little trade value, things could get ugly at some point in the next year.
- In another tweet, Granger interviewed Vegas Golden Knights general manager George McPhee about the talent at the forward position. The team added center Paul Stastny, but lost two quality players in James Neal and David Perron. Despite the losses, the team has several in-house candidates like Alex Tuch and Tomas Tatar ready to step up. “I like where we are, but if there’s an opportunity to upgrade at the forward position at any time over the next year we will,” McPhee said.
New Jersey Devils To Hire Mark Dennehy As AHL Head Coach
The New Jersey Devils have snatched a coach from the Pittsburgh Penguins organization, agreeing to terms with Mark Dennehy as head coach of their AHL affiliate. Dennehy had been hired earlier this offseason to lead the Wheeling Nailers of the ECHL, but was given permission to interview for the advanced position in the AHL. New Jersey AGM Tom Fitzgerald released a statement thanking the Penguins:
I want to thank Jim Rutherford, Bill Guerin, the Penguins’ organization and the Wheeling Nailers ownership group for the opportunity to speak with Mark on this position. Mark has spent considerable time building, coaching and recruiting in one of college hockey’s most competitive conferences. His experience will help him connect with players coming from the collegiate and junior hockey levels. Mark is extremely excited for a new challenge and to take the next step in his coaching career.
Dennehy has spent the last 13 years coaching Merrimack College, where he was tasked with developing young players and getting them ready for their transition into the professional ranks. He’ll be given a similar role with the Binghamton Devils, where the job is to get picks and prospects ready for their NHL futures while still maintaining a culture of winning.