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Canucks Rumors

Hurricanes Shopping Ethan Bear

September 21, 2022 at 9:01 pm CDT | by Brian La Rose 13 Comments

Earlier this summer, Carolina gave Ethan Bear permission to speak to other teams heading into restricted free agency.  At the time, it seemed like he was a candidate to be non-tendered but in the end, the Hurricanes qualified him and signed the 25-year-old to a one-year, $2.2MM deal.  However, Postmedia’s Bruce Garrioch reports that even with the new contract, Carolina is still trying to move the young defender.

Last season was a tough one for Bear.  After being a regular in a top-four role for Edmonton back in 2019-20, he battled some injury issues the following season and dropped down the depth chart which helped contribute to him being traded to Carolina a few days after the draft in 2021.  The hope was that he’d rebound but instead, history repeated itself.  Bear was banged up at times last season and when he was in the lineup, he struggled.  Overall, he had five goals and nine assists in 58 games with a career-low 16:05 ATOI.  While he underwent a minor procedure after the playoffs, Bear was available to play if needed but was scratched for every contest.

In a recent appearance on CHEK (video link), Sportsnet’s Elliotte Friedman reported that the Canucks are among the teams that have shown interest in Bear.  There is a definite opening on the right side of their back end but making the money work could be tricky.  They’re less than a million below their LTIR ceiling (with Micheal Ferland not playing again this season) which is considerably less space than Bear’s contract.  Tucker Poolman’s availability for the start of the year is in question but he’s expected back at some point which takes the option of adding Bear to slide into Poolman’s vacated spot off the table as well.

Meanwhile, Carolina has no such cap concerns.  With Max Pacioretty and Jake Gardiner LTIR-bound to start the season, they have the ability to find him in without an issue.  However, Dylan Coghlan is also in the fold and could push for a spot on the third pairing which could have Bear on the fringes of the lineup once again; Brett Pesce and Brent Burns are clearly locked into the right-side spots on the top two pairings already.  By qualifying him, the Hurricanes determined that there was still some value but if he sits a lot early on, that will change in a hurry.

Whether it’s Vancouver or another team, it looks like Bear is a candidate to be on the move over the coming weeks and with the situation he’ll likely be in with Carolina where he’ll be battling for a spot in the lineup, it might be a move that the Hurricanes will want to make sooner than later.

Photo courtesy of USA Today Sports Images.

Carolina Hurricanes| Vancouver Canucks Ethan Bear

13 comments

Afternoon Notes: Crosby, Allvin, O’Reilly

September 18, 2022 at 2:00 pm CDT | by Ethan Hetu 2 Comments

When the Pittsburgh Penguins signed Evgeni Malkin and Kris Letang to extensions this summer, they committed themselves to a “win-now” short-term competitive plan, focusing the energy and resources of their franchise into squeezing one last Stanley Cup victory out of their three franchise pillars. The face of the franchise, Sidney Crosby, has three years remaining on his current contract, and as things currently stand he’s not thinking beyond that point.

In an interview with Sportsnet’s Elliotte Friedman and Jeff Marek for their 32 Thoughts Podcast, Crosby was asked about his playing future and whether he’d like to play into his forties as Zdeno Chara has. Crosby responded that he wouldn’t, and added on that he’s “thinking about [the] three more years” remaining on his contract before considering the next step for his career. At 35 years old, Crosby isn’t “Sid the Kid” anymore, but he did score 84 points in 69 games last year and remains an elite player. But based on these comments, the Penguins will need to consider that Crosby may not be playing for the entirety of Malkin or Letang’s new extensions.

Now, for some other notes from across the NHL:

  • Vancouver Canucks GM Patrik Allvin has been a busy man this summer, signing major contracts with J.T. Miller, Ilya Mikheyev, and Andrei Kuzmenko. And despite the fact that training camps are close, he may not be done. In a conversation with The Athletic’s Thomas Drance, Allvin stated that the team would still be looking to add to its current group of players, saying that there is enough “cap space, and roster spots, and contract slots” to be able to facilitate an addition. (subscription link) We’re certainly late into the offseason free agent market, but with the preseason waiver wire set to be active and a few free agents still remaining, it’s possible that the Canucks get a new face or two into the mix before they open their 2022-23 campaign.
  • The St. Louis Blues have signed some major extensions recently, specifically with their two top young players: Robert Thomas and Jordan Kyrou. While the Blues are undoubtedly better off having signed those deals, they could come with a cost. As Jim Thomas of the St. Louis Post-Dispatch writes, the byproduct of these extensions is that the team could find it difficult to match the sort of offer captain Ryan O’Reilly could receive on the open market. Since both O’Reilly and Vladimir Tarasenko will be unrestricted free agents next summer, the Blues seem to have made retaining their two franchise pillars a more difficult task with their recent moves.

Pittsburgh Penguins| St. Louis Blues| Vancouver Canucks Patrik Allvin| Ryan O'Reilly| Sidney Crosby

2 comments

Canucks Could Shift Elias Pettersson Back To Center

September 17, 2022 at 4:01 pm CDT | by Brian La Rose Leave a Comment

  • The Canucks are leaning towards using Elias Pettersson back at center this season instead of keeping him on the left wing, notes Sportsnet’s Iain MacIntyre. Head coach Bruce Boudreau feels that Vancouver’s additions up front – including wingers Ilya Mikheyev and Andrei Kuzmenko – give them the potential for three scoring lines.  If Pettersson does indeed shift back down the middle, that will only boost his value heading into extension talks next summer as centers often cost a premium to sign long-term.

Brad Treliving| Calgary Flames| Doug Armstrong| St. Louis Blues| Vancouver Canucks

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Finding A Match For A Nils Lundkvist Trade

September 17, 2022 at 2:57 pm CDT | by Brian La Rose 20 Comments

With Rangers prospect Nils Lundkvist’s trade request now well-known, efforts continue to find the youngster a new home for the upcoming season.  If the belief that he won’t attend training camp in New York holds true, that could be a trigger point for GM Chris Drury to avoid any distractions heading into camp while getting a chance to integrate whichever player or prospect they get for the rearguard at training camp.

With that in mind, here’s a look at some of the potential suitors for Lundkvist.  Since he’s looking for a team that will have a chance to give him an NHL opportunity in the short-term, the focus will be on those squads although there undoubtedly will be others that will kick the tires.  Los Angeles is a team that has been speculated as a landing spot with their deep prospect pool but they don’t really have an opening on the right side of their back end for him to slide into so they don’t appear among the teams below.

Detroit: The Red Wings have two right-side rearguards in place in Calder winner Moritz Seider and young veteran Filip Hronek.  There are questions behind those two, however.  Gustav Lindstrom has yet to establish himself as a full-time player while Mark Pysyk will miss the first half of the season after undergoing surgery in July to repair a torn Achilles tendon.  If Lundkvist was to go there and do well, it could free them up to move Hronek who is the type of blueliner that could yield a nice return for the Red Wings.

Detroit has a couple of young centers that the Rangers would likely show some interest in.  One is Joe Veleno who is close to being ready for full-time duty while Jonatan Berggren, who was picked just five spots after Lundkvist in 2018, had a very promising first season in North America in 2021-22.  They also have an extra second-round pick at their disposal if New York ultimately decides that a draft pick is the right return.  Arthur Staple of The Athletic reported a few days ago (subscription link) that at least one team had a second-rounder on the table in an offer for the blueliner.

Montreal: At the moment, the right side of the back end for the Canadiens is David Savard, Justin Barron, and Chris Wideman.  The only established full-time player out of that group is Savard.  Montreal is likely to use several prospects throughout the season (Jordan Harris and Kaiden Guhle among them) but those are left-shot options, not righties like Lundkvist.  It’s plausible that Lundkvist could jump into their lineup right away.  Jeff Gorton, who was GM at the time Lundkvist was drafted, now works in Montreal’s front office.

While the Rangers wouldn’t be likely to get a return that could help them right away, Montreal’s prospect pool is one of the deeper ones around the league with recent center picks like Jan Mysak, Owen Beck, and Riley Kidney potentially being of interest.  They could also deal from the left side of their defensive pool if New York would prefer a defenseman in return with Harris, Mattias Norlinder, and prospect Jayden Struble being possible options.

San Jose: The only established must-play right-shot defender on their roster is Erik Karlsson.  Matthew Benning got a four-year deal but could bounce in and out of the lineup while Ryan Merkley could stand to spend more time in the minors before becoming an everyday regular.  With Brent Burns not really being replaced after his trade to Carolina, there’s a definite need for a second defenseman to help shoulder the offensive load.  Worth noting, one of New York’s former top scouts, Chris Morehouse, is now heading up San Jose’s amateur scouting ranks.  He wasn’t there when Lundkvist was drafted but he’ll have some extra familiarity with the blueliner.

Center Thomas Bordeleau didn’t look out of place in his brief NHL stint late last season and acquitted himself well at the World Championship as well and is the type of young center that might entice the Rangers.  Merkley himself could be an option if Drury decides to look for a similar player, one that will be more amenable to being in the minors to start the season.  The Sharks don’t have an extra second-round pick but the one that they do have projects to be a good one based on the state of their roster heading into training camp.

Seattle: While the addition of Justin Schultz lessens their need for an extra offensive defenseman, the third RD spot is far from secure with William Borgen spending a lot of time as a healthy scratch last season.  That’s a spot that Lundkvist could conceivably battle for or least position himself to be the first one recalled.

The Kraken don’t have the deepest of prospect pools to work with since they’ve only been around for two drafts but they do have three second-rounders for the 2023 draft.  Parting with one for a potentially near-ready young defenseman would be a defensible move for the second-year squad.

Vancouver: The Canucks have been busy this summer when it comes to their forward group but nothing has been done with their back end yet and it’s not for a lack of trying.  Vancouver already has an offensive weapon in Quinn Hughes but someone like Lundkvist could potentially help run a second power play group and perhaps take some minutes from veteran Oliver Ekman-Larsson who is getting near the point where he will need to be managed more carefully.  With Tucker Poolman’s availability uncertain for training camp, there’s a spot on the right side of their back end up for grabs.

As for possible trade options, Linus Karlsson is coming off a strong SHL season and shouldn’t be too far away from being NHL-ready which would give New York another option down the middle.  Alternatively, winger Nils Hoglander is someone that, on the surface, might be on the fringes of making Vancouver’s roster with their additions on the wing.  Perhaps there’s a trade to be made featuring those two?

Of course, this isn’t an exhaustive list and other teams will inquire but if Lundkvist and agent Claude Lemieux’s intention is to have him start the upcoming season in the NHL, that does limit the number of viable opportunities for a trade if the Rangers decide to move him before training camp.

They don’t have to move Lundkvist, however.  He’s still waiver-exempt and even if he doesn’t want to report to the minors, they can send him there and suspend him for not reporting.  If it’s going to be more of a drawn-out process, a loan overseas (as they did last year with Vitali Kravtsov) is also on the table.  There are certainly non-trade options they’ll want to consider but if they do decide to go ahead with a trade, they’ll have some viable teams to consider.

Photo courtesy of USA Today Sports Images.

Detroit Red Wings| Montreal Canadiens| New York Rangers| San Jose Sharks| Seattle Kraken| Vancouver Canucks Nils Lundkvist

20 comments

Canucks Will Reportedly Play Pettersson, Miller, and Horvat As Centers Next Season

September 16, 2022 at 3:00 pm CDT | by Ethan Hetu 5 Comments

  • The Vancouver Canucks made headlines when they signed center J.T. Miller to a long-term extension, and the deal left many wondering if Elias Pettersson’s future was on the wing, since it was presumed that the Canucks would opt to keep Miller and Bo Horvat as centers. While that was a reasonable thing to wonder, it seems that the Canucks are planning to play Pettersson as a center for next season. Per Sportsnet’s Iain MacIntyre, Canucks coach Bruce Boudreau plans on deploying Miller, Horvat, and Pettersson as centers, believing that he is able to do so thanks to the team’s “upgraded top-nine.” Pettersson’s last two seasons have been rockier than he’d likely have hoped, so the Canucks are seemingly hoping that allowing Pettersson to center and drive his own line will help stabilize his game.

Boston Bruins| San Jose Sharks| Vancouver Canucks David Pastrnak| William Eklund

5 comments

Coyotes, Blue Jackets Sign Players To PTOs

September 14, 2022 at 7:52 pm CDT | by Josh Erickson Leave a Comment

7:52 PM: The Coyotes have confirmed Chiasson’s invitation while also noting that goaltender Christopher Gibson has also inked a PTO.  The 29-year-old spent last season with AHL Charlotte, posting a 2.80 GAA and a .907 SV% in 14 games.  Gibson has 16 career NHL appearances between the Islanders and Lightning.

5:33 PM: Per CapFriendly, the Arizona Coyotes have signed forward Alex Chiasson to a PTO, while the Columbus Blue Jackets have signed forward Victor Rask and defenseman Ben Harpur to PTOs.

Chiasson, now 31, has a legit shot at not only getting a contract, but playing a top-nine role if things go well. With far more offensive upside than players currently slated to play top-nine roles in Arizona like Nick Ritchie and Christian Fischer, he could get a decent amount of playing time on the power play as well and provide solid value on a cheap contract for Arizona. Playing just 11:37 per game last season with the Vancouver Canucks, Chiasson scored 13 goals in 67 games, six of which came on the power play. He’s not exactly an impact player at both ends of the ice, but he’s been a solid depth scoring option now for multiple seasons. With Arizona simply needing more NHL players in their lineup, signing Chiasson should be a no-brainer.

The opposite is true for the Blue Jackets, who have a bit of a logjam at the bottom of both their forward and defense depth charts. Harpur would be a solid addition to the top-four in AHL Cleveland if he does get a deal, but Rask will have much more competition for a roster spot amongst Columbus’ young forwards. With players like Kirill Marchenko, Yegor Chinakhov, Kent Johnson, and others poised to be full-time NHLers next season, Rask will really need to have a strong camp in order to earn a deal (if he wants an NHL role, that is).

Columbus Blue Jackets| Transactions| Utah Mammoth| Vancouver Canucks Alex Chiasson| Ben Harpur| Christopher Gibson| Victor Rask

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Latest On Bo Horvat

September 12, 2022 at 2:10 pm CDT | by Gavin Lee 3 Comments

If there was any concern that Bo Horvat was the one holding up any extension talks with the Vancouver Canucks, he put it to rest today. Horvat explained to the media including Thomas Drance of The Athletic that he wants to be a part of the Canucks long-term, and that he is leaving the negotiation up to his agents without putting a deadline on the talks.

Horvat, 27, is signed through the end of 2022-23 at a $5.5MM cap hit, the final season in a six-year, $33MM contract he inked in 2017. The two-way center was named the 14th captain in franchise history in 2019 at the age of 24, following Henrik Sedin’s tenure with the “C.”

It seemed earlier this summer like an extension was inevitable but after the team handed seven years and $56MM to J.T. Miller, some have wondered whether the Canucks would be able to fit Horvat in on a long-term deal.

The good thing in this scenario is that there doesn’t appear to be any rush from either side. Sometimes, players put a deadline of the beginning of the season on negotiations, not wanting to have any conversations while they are playing. That’s what happened with the Calgary Flames and Johnny Gaudreau, for instance, leaving a short window after the year ended to try and get something done before the star forward reached free agency.

If Horvat hasn’t put a timeline on things, there will be more space to breathe for the Canucks and time to move in a different direction if necessary. Still, if an extension isn’t worked out in the next few weeks, plenty of questions will follow Horvat throughout the year.

Vancouver Canucks Bo Horvat

3 comments

Vancouver Canucks Sign Danny DeKeyser To PTO

September 9, 2022 at 9:40 am CDT | by Gavin Lee 2 Comments

The Vancouver Canucks are bringing in some extra defensive depth, signing free agent Danny DeKeyser to a professional tryout. The veteran will attend training camp with the Canucks and try to earn an NHL contract.

DeKeyser, 32, has spent his entire career to this point with the Detroit Red Wings, playing in 547 games over parts of ten seasons. Undrafted, he was a hometown kid that made good, playing for Western Michigan before going almost directly to the NHL as a steady two-way presence.

With a career-high in points set way back in 2014-15, there isn’t a lot of offense left in the veteran. DeKeyser registered just 11 assists last season and failed to score a single goal. But for experience and defensive ability – especially on a PTO – you could certainly do worse.

The Canucks, who are currently over the salary cap ceiling, may even have a deal done with DeKeyser, whose agent told ESPN just a week ago that he was confident his client would get a contract before training camp. As we’ve seen in the past, sometimes teams that have little cap flexibility bring a veteran in on a PTO only to sign them just as the season begins, once some other mechanisms (like in-season LTIR) can be used.

If DeKeyser does land a spot with the Canucks, he would be joining a defense corps that has both aging veterans and young talents. Quinn Hughes leads the way and Travis Dermott was brought in as a younger option, but Oliver Ekman-Larsson, Tyler Myers, and Luke Schenn are all on the wrong side of 30 and likely not bringing as much to the table as they once did.

Adding another piece for a low cost (even perhaps league minimum in this case), certainly seems prudent, especially when Tucker Poolman’s status is still up in the air.

Vancouver Canucks Danny DeKeyser

2 comments

Latest On Bo Horvat’s Extension Negotiations

September 6, 2022 at 3:31 pm CDT | by Gavin Lee Leave a Comment

With J.T. Miller now signed long-term, questions in Vancouver have now turned to the future of Bo Horvat. General manager Patrik Allvin touched on negotiations with his captain at today’s media availability:

Bo is our captain. We respect and we like Bo. We’re communicating with his camp, and we’ll see if there is a deal to be made here. 

There was no hint of frustration from Allvin – in fact, it seemed more as though Horvat’s talks had been pushed to the back burner while they dealt with Miller, and that they would now get into them. Elliotte Friedman and Jeff Marek discussed the situation on Sportsnet’s 32 Thoughts podcast, with the former explaining that the last he had heard was “not much going on there.” Both hosts believe that an extension will be done at some point.

Horvat, 27, has one year left on his current contract and carries a $5.5MM cap hit for the 2022-23 season, after which he will become an unrestricted free agent. The ninth overall pick in 2013 is coming off a career-best 31-goal season (in just 70 games) and has been the team’s most consistent offensive producer with five 20+ goal seasons in his eight-year career.

How the Canucks fit Horvat into the picture is another story. As we examined recently the Canucks cap situation isn’t excellent, with Tyler Myers’ $6MM hit still on the books through 2023-24 and Oliver Ekman-Larsson’s $7.26MM through 2026-27, but there should be enough flexibility to add in a raise for Horvat if the team decides to do that. If they do, the question will then become how can the Canucks surround that core with enough talent to really compete in the next few years, given they are likely going to face some pain at the end of these long-term deals.

Even though a late-season surge put them extremely close to a playoff spot, the team still lost 42 games (including overtime and shootout), not exactly the number a contender can point to as a reason to spend. If they do decide to keep Horvat long-term, there is plenty of risk to the way that Allvin and president Jim Rutherford are operating. Being “stuck in the middle” – meaning good enough to avoid the top few draft slots but not good enough to really challenge for the Stanley Cup – is something that teams try to avoid at all costs. The team already has six players signed through at least 2025-26, with only Hughes under the age of 26.

Vancouver Canucks Bo Horvat| Elliotte Friedman| Patrik Allvin

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Salary Cap Deep Dive: Vancouver Canucks

September 5, 2022 at 9:00 pm CDT | by Brian La Rose 2 Comments

Navigating the salary cap is one of the more important tasks for any GM.  Teams that can avoid total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful.  Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2022-23 season.  This will focus more on players who are regulars on the roster versus those who may find themselves shuttling between the AHL and NHL.  All cap figures are courtesy of CapFriendly.

Vancouver Canucks

Current Cap Hit: $85,261,667 (over the $82.5MM Upper Limit)

Entry-Level Contracts

F Nils Hoglander (one year, $891.7K)
F Andrei Kuzmenko (one year, $950K, UFA)
F Vasily Podkolzin (two years, $925K)

Potential Bonuses
Hoglander: $300K
Kuzmenko: $850K
Podkolzin: $850K
Total: $2MM

Kuzmenko had several suitors in the spring following a strong season in the KHL that saw him put up 53 points in 45 games.  If he’s able to lock down a spot in the top nine, the Canucks will get a good return on this deal and he’ll have a chance to hit some of his ‘A’ bonuses.  Notably, Kuzmenko will be an unrestricted free agent next summer again and obviously, his showing this coming season will dictate the level of interest he gets next time around.

Podkolzin’s first NHL season was a solid one as he was a capable secondary scorer with 26 points in 79 games while mostly playing only at even strength.  He should have a similar role in 2022-23 which wouldn’t have him on the trajectory for a pricey second deal; a bridge contract would be the likelier route for him.  A similar role will make it tough to reach his ‘A’ bonuses as well.  Hoglander took a step back in his sophomore year and dropped down the depth chart.  With the extra depth that they’ve brought in, his production will likely be limited, pointing him in the direction of a bridge deal as well that might check in around double his current price tag.  He probably won’t hit his ‘A’ bonus but the $87.5K in games played is achievable.

Signed Through 2022-23, Non-Entry-Level

D Kyle Burroughs ($750K, UFA)
D Travis Dermott ($1.5MM, RFA)
F Justin Dowling ($750K, UFA)
F Micheal Ferland ($3.5MM, UFA)
F Bo Horvat ($5.5MM, UFA)
D Brady Keeper ($762.5K, UFA)
D Luke Schenn ($850K, UFA)

Horvat has been a reliable two-way pivot for most of his career and has been playing on a below-market contract for the last few years.  That’s likely to change next summer when he’ll be one of the top centers on the open market.  Adding a couple million to his current price tag is doable.  Ferland missed all of the last two seasons with concussion issues and won’t play this year either.  He’ll be on LTIR which will help get Vancouver back into cap compliance.  Dowling split last season between the NHL and AHL and is the type of depth player that could stick around for another couple of years at the minimum.

Dermott has had a quiet couple of seasons now and this feels like a make-or-break situation for him.  If he can establish himself as a capable secondary producer from the back end and stabilize the third pairing, he could land a small raise next summer beyond his $1.75MM qualifying offer.  If not, he’s a non-tender candidate.  Schenn showed himself to be capable of being a regular on the back end last season after being more of a reserve player and that could generate a stronger market next summer and push him past the $1MM mark.  Keeper and Burroughs will be battling for a spot at the end of the roster but both are players that will be unlikely to land much beyond the minimum on their next contracts.

Signed Through 2023-24

F Jason Dickinson ($2.65MM, UFA)
G Spencer Martin ($762.5K, UFA)
D Tyler Myers ($6MM, UFA)
F Tanner Pearson ($3.25MM, UFA)
F Elias Pettersson ($7.35MM, UFA)
D Jack Rathbone ($825K, RFA)

Pettersson opted for a bridge contract last summer which helped Vancouver to stay cap-compliant and give them a little more flexibility in the short term.  However, the contract is significantly backloaded and carries a qualifying offer of $8.82MM next summer (the lower of 120% of the AAV or the final year’s salary of $10.25MM).  At this point, the 23-year-old is well on his way to being worth that qualifying amount but the Canucks will likely need to come in above that to get him to commit to a long-term agreement.  Otherwise, he could simply opt to take the minimum offer and test the open market in 2025.  Horvat’s deal is the priority right now but Pettersson’s situation looms large from a planning perspective.

Pearson improved upon his performance from the year before but it was still a notch below how he did in his first full season with the Canucks.  On its own, the contract isn’t an overpayment but the market has been tight for middle-six wingers lately so there’s no guarantee he’ll be able to get that two years from now.  Dickinson’s first season with Vancouver was a disaster.  Brought in to be the third-line center, he instead struggled mightily, putting up the worst full-season numbers of his career.  At this point, he’s a candidate to be waived in training camp (which would still leave a lingering $1.525MM cap charge).

Myers hasn’t lived up to his contract from a value standpoint but he has logged some heavy minutes in a top-three role since joining the Canucks three years ago.  His offensive game has tailed off which won’t help his market two years from now but he should still be able to land a multi-year deal in the $4MM range in 2024.  Rathbone is another player that will be in the mix for a roster spot with Vancouver in training camp and notably received a one-way deal for both years despite having limited NHL experience.  He has the offensive ability to put up some numbers that could quickly escalate his salary two years from now if he’s able to lock down a regular role in the lineup.

Martin has very limited NHL experience with just nine appearances under his belt, six of which came last season where he did well enough to earn the backup nod.  If the 27-year-old can establish himself as a capable full-time backup based on performance and not his contract, there will be an opportunity to add a couple of million or more on his next deal.

Signed Through 2024-25

F Brock Boeser ($6.65MM, UFA)
F Curtis Lazar ($1MM, UFA)
D Tucker Poolman ($2.5MM, UFA)

Boeser’s case was one that had some pressure on it earlier this summer when the qualifying offer deadline was getting close.  In the end, he took less than that number ($7.5MM) in exchange for a three-year commitment.  Boeser produced closer to the level of a second-liner last season and if that continues, this could wind up being an above-market contract.  Lazar comes over after spending last season with Boston on their fourth line and he’ll likely have the same role with Vancouver.  There really isn’t much risk with this deal; $1MM for a capable fourth liner is a fair price.

Poolman is someone whose availability is certainly in question as he continues to try to work his way back from a concussion.  When healthy, he is an option for the third pairing but if he’s unable to start the season, he could go on LTIR and simplify Vancouver’s short-term salary cap situation.

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Signed Through 2025-26 Or Longer

D Oliver Ekman-Larsson ($7.26MM through 2026-27)*
F Conor Garland ($4.95MM through 2025-26)
D Quinn Hughes ($7.85MM through 2026-27)
F Ilya Mikheyev ($4.75MM through 2025-26)
F J.T. Miller ($5.25MM in 2022-23, $8MM from 2023-24 through 2029-30)

*-Arizona is retaining an additional $990K (12%) of Ekman-Larsson’s contract.

Miller just signed his long-term extension last week on the heels of a career year that saw him finish ninth in NHL scoring with 99 points.  After splitting time between center and the wing in Tampa Bay, Miller has become a full-time middleman which only increased his value.  There’s some risk in signing him through his age-37 season but if he can even hover around the 75-point mark, they’ll get a good return on this deal.

Garland was brought over along with Ekman-Larsson and had a career year although it came with some ups and downs.  With the extra depth on the wing and their cap situation, he’s someone that could potentially become expendable although they’d be hard-pressed to get top value in this trade market.  Mikheyev’s contract was one of the bigger surprises of free agency as while he was productive last season, he has had trouble staying healthy in each of his three NHL campaigns.  If he produces at the rate he did with Toronto (one that extrapolates to a 32-goal season), they’ll be quite pleased but again, there is some risk with this one as well.

Hughes has quickly become one of the premier offensive blueliners in the NHL and took his game to another level last season.  Considering he’s only 22, there’s still room for improvement as well.  Notably for him, he should still be in the prime of his career when this contract is up, creating the potential for him to sign a max-term agreement that will quite likely surpass the $10MM mark if he continues to produce at this level.  Ekman-Larsson has taken a couple of steps back from the prime of his career when he was an all-situations number one defender with the Coyotes.  He’s still a capable top-four option for now but this contract isn’t likely to age well over the final few years.  They will have to start lowering his usage over the next couple of seasons as a result.

Buyouts

G Braden Holtby ($1.9MM in 2022-23)
F Jake Virtanen ($500K in 2022-23)

Retained Salary Transactions

None

Still To Sign

None

Best Value: Miller (at the 2022-23 rate)
Worst Value: Ekman-Larsson

Looking Ahead

When former GM Jim Benning made the big trade with Arizona in 2021, he knew this cap situation would be forthcoming and now it’s on Allvin to navigate it.  So far, so good as the team is in a position where they’ll be able to waive their way into cap compliance if Poolman is good to go to start the season so no cost-cutting is needed.

Now, the big question mark is whether they’ll be able to afford both Horvat and Pettersson’s eventual long-term pricey contracts into their existing salary structure.  They may need to chop some of their secondary deals over the next year or two for that to happen but as we’ve seen this summer, that’s something that’s easier said than done.

Photo courtesy of USA Today Sports Images.

Salary Cap Deep Dive 2022| Vancouver Canucks Pro Hockey Rumors Originals

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