Arbitration Dates Still To Come
While the league continues to try and lock up their young players, several arbitration dates remain on the docket for the next few weeks. Arbitration hearings have started, but only two have actually taken place and none have resulted in an actual decision. Both Tomas Tatar and Viktor Arvidsson reached agreements after their hearing, signing for four and seven years respectively.
There are very few remaining dates scheduled, though still some big names on the docket. For more information on how the arbitration process works, check out Mike Furlano’s two part breakdown of the system from last summer.
The remaining arbitration dates are as follows:
July 27 – (none)
Originally scheduled: Marek Mazanec (Nashville) who signed a one-year, two-way, $650K contract. Robin Lehner (Buffal0) who signed a one-year $4MM contract.
July 28 – (none)
Originally scheduled: Jean-Gabriel Pageau (Ottawa) who signed a three-year, $9.3MM contract.
July 31 – (none)
Originally scheduled: Matt Nieto (Colorado) who signed a one-year, $1MM contract.
August 1 – (none)
Originally scheduled: Connor Hellebuyck (Winnipeg) who signed a one-year $2.25MM contract. Reid Boucher (Vancouver) who signed a one-year $688K contract.
August 2 – Calvin de Haan (NY Islanders)
Originally scheduled: Kevin Gravel (Los Angeles) who signed a one-year, two-way, $650K contract.
August 3 – Nate Schmidt (Vegas), Nino Niederreiter (Minnesota)
August 4 – Mikael Granlund (Minnesota), Conor Sheary (Pittsburgh), Nathan Beaulieu (Buffalo)
Minor Transactions: 7/25/17
For a Tuesday in late July, it’s been an especially busy day for hockey transactions, including the NHL signings of Mika Zibanejad with the New York Rangers, Robin Lehner with the Buffalo Sabres, Mark Streit with the Montreal Canadiens, and several deals by the Colorado Avalanche and New Jersey Devils. Yet, there has been a flurry of notable activity in the AHL and overseas today too, including the following:
- The once-promising NHL career of Matt Fraser has taken another odd turn away from its original path. Fraser, still just 27 years old, has signed with Dornbirner EC of the EBEL, a lower tier European league based mostly out of Austria. The team has announced the deal, though terms have not been released. Fraser moves to the EBEL after a season in Sweden, where injuries limited him to only four games with Rogle BK. Before that, many will remember Fraser as a star in the AHL for the Texas Stars and, after the Tyler Seguin trade, the Providence Bruins. Fraser even played in 60 NHL games with the Boston Bruins and Edmonton Oilers in 2014-15 and looked to be on his way to becoming an NHL regular. However, after signing a one-year deal with the Winnipeg Jets in 2015 and failing to make the team, Fraser had the worst AHL season of his career and decided to head overseas. So far, it has not worked out, but Fraser will now try his hand at EBEL action, where he could easily be the best player for Dornbirner, who currently count another former Bruin, Jamie Arniel, as their top scorer.
- Another player who failed to meet expectatiosn in North America and will now head to a lesser European league is Dane Fox. The former Erie Otters superstar, who scored 107 points in 67 games in his final OHL season, has not found anywhere near the same success at the pro level. A high-profile signing by the Vancouver Canucks in 2014, the undrafted forward has made his last junior season look very much like a fluke with his play since then. Fox has skated almost exclusively in the ECHL over the past three seasons, playing in only two AHL games and not even in consideration for an NHL look with the Canucks and Carolina Hurricanes. Now, Fox will head to Germany to play with the Nurnberg Ice Tigers of the DEL. Nurnberg is the likely favorite in the DEL next season and roster many players with NHL experience, including 2016-17 top scorer Steve Reinprecht and recent signee Tom Gilbert. Fox’s pro hockey career is very much up in the air right now, but if he can shine through on an experience Ice Tigers roster, perhaps he’ll get another shot in North America .
- The AHL’s San Diego Gulls, the Anaheim Ducks’ affiliate, has re-signed forward Jordan Samuels-Thomas to a two-year minor league deal, the league announced. The 27-year-old recorded a pro career-high 24 points and +13 rating for the Gulls last year and is a fan favorite and active member of the San Diego community. The former NCAA standout was a seventh-round pick of the Atlanta Thrashers in 2009, but was never signed to an entry-level deal after spending five years in college.
- The Chicago Wolves, now the new affiliate of the Vegas Golden Knights, have signed one of their own, inking Scooter Vaughan to a one-year deal, according to a team release. The hard-nosed defenseman worked his way up through hockey’s ranks, spending four years at the University of Michigan, three years in the ECHL, and going on four years in the AHL, with the last two spent in Chicago. The next stop could be the NHL, now that the Wolves are associated with the Knights, who obviously have the least organizational depth of any team in the league. A career-best performance in 2017-18 could earn Vaughan his first NHL contract next year.
- A pair of AHL defenseman will change teams for the upcoming season as Paul Geiger, recently of the Rochester Americans, has signed with the Hershey Bears, the Washington Capitals’ affiliate, while the Carolina Hurricanes’ minor league partners, the Charlotte Checkers, have signed former St. John’s Ice Caps defender Josiah Didier. Both Geiger and Didier are still just 24 years old and were solid college players, at Clarkson and Denver respectively, but need big seasons with their new teams after pedestrian starts to their pro careers, that is if they want to reach the NHL someday.
- The 2016-17 captain at Rensselaer Polytechnic Institute (RPI) has found his new home, and he’s in a good spot. Riley Bourbonnais, a 23-year-old center who was nearly a point per game player for RPI last year, has inked his first AHL deal with the Wilkes-Barre Scranton Penguins, the feeder team of the two-time Stanley Cup champs. The team announced their newest addition and have high hopes that he can bring the same well-rounded game he showed in college to the pros.
Dead Space: Bought-Out, Buried, And Retained Salaries For Every Team
It’s something that often goes unnoticed, but with the cap showing minimal growth the last few years, teams are starting to feel the crunch more than ever. Buyouts have become more common, especially with players with under three remaining years on their contracts. And it’s not just the big name busts that have seen the ax lately – we’ve seen lesser names at lesser money take the fall for their respective teams, then needing to scramble for work elsewhere in the league. Additionally, salary retention in trades has become a more utilized tactic as of late. Teams with “unmovable” contracts have offered to retain part of a poor contract in order to entice a team into giving them some relief.
All this said, some teams have been better with foresight than others. Some teams have shown a track record of being entirely unable of handing out poor contracts over the past five or so seasons. Considering many teams showed some progress in being more frugal this off-season, it seems a wise time to review the dead space every team has accumulated, either due to poor management decisions or poor luck.
Colorado Avalanche – $4.83 MM in 2017-18, issues resolved after current year – Francois Beauchemin buyout; Cody McLeod retained
Arizona Coyotes – $4.61 MM in 2017-18, issues resolved after 2020-21 – Mike Smith retained; Mike Ribeiro, Antoine Vermette buyouts
Columbus Blue Jackets – $4.025 MM in 2017-18, issues resolved after 2020-21 – Fedor Tyutin, Jared Boll, Scott Hartnell buyouts
Carolina Hurricanes – $3.71 MM in 2017-18, issues resolved after 2020-21 – Eddie Lack retained; Alexander Semin, James Wisniewski buyouts
Toronto Maple Leafs – $3.28 MM in 2017-18, issues resolved after 2021-22 – Tim Gleason, Jared Cowen buyouts; Phil Kessel retained
Nashville Predators – $2.83 MM in 2017-18, issues resolved after 2018-19 – Viktor Stalberg, Eric Nystrom, Barret Jackman buyouts
Boston Bruins – $2.73 MM in 2017-18, issues resolved 2019-20 – Dennis Seidenberg, Jimmy Hayes buyouts
New York Rangers – $2.61 MM in 2017-18, issues resolved after 2022-23 – Dan Girardi buyout
Minnesota Wild – $2.5 MM in 2017-17, issues resolved after current year – Thomas Vanek buyout
Los Angeles Kings – $2.4 MM in 2017-18, issues resolved after 2023-24 – Matt Greene buyout; Mike Richards termination/recapture
Edmonton Oilers – $2.33 MM in 2017-18, issues resolved after 2020-21 – Lauri Korpikoski, Benoit Pouliot buyouts
Anaheim Ducks – $2.21 MM in 2017-18, issues resolved after 2023-24 – Mark Fistric, Simon Despres buyouts; Patrick Maroon retained
Vancouver Canucks – $2.13 MM in 2017-18, issues resolved after 2021-22 – Roberto Luongo, Jannik Hansen retained; Chris Higgins buyout
New Jersey Devils – $2.09 MM in 2017-18, issues resolved after 2023-24 – Mike Cammalleri, Devante Smith-Pelly buyouts; Ilya Kovalchuk recapture
Tampa Bay Lightning – $1.83 MM in 2017-18, issues resolved after 2019-20 – Matt Carle buyout
Calgary Flames – $1.82 MM in 2017-18, issues resolved after 2018-19 – Mason Raymond, Lance Bouma, Ryan Murphy buyouts
Detroit Red Wings – $1.67 MM in 2017-18, issues resolved after 2020-21 – Stephen Weiss buyout
Dallas Stars – $1.5 MM in 2017-18, issues resolved after 2018-19- Antti Niemi buyout
Philadelphia Flyers – $1.5 MM in 2017-18, issues resolved after current year – R.J. Umberger buyout
Winnipeg Jets – $1.46 MM in 2017-18, issues resolved after 2018-19 – Mark Stuart buyout
Florida Panthers – $1.33 MM in 2017-18, issues resolved after 2018-19 – Jussi Jokinen buyout
Las Vegas Golden Knights – $1.1 MM in 2017-18, issues resolved after current year – Alexei Emelin retained
Ottawa Senators – $350,000 in 2017-18, issues resolved after current year – Andrew Hammond buried
Buffalo Sabres – Minimal in 2017-18, increased issues ($791,00) resolved after 2022-23 – Cody Hodgson buyout
Chicago Blackhawks, St. Louis Blues, Washington Capitals, Pittsburgh Penguins, New York Islanders, San Jose Sharks, Montreal Canadiens – No dead cap space
After compiling the list, it became clear that utilizing these options isn’t a complete hindrance to competing in the NHL. In fact, most clubs have between $1 MM and $3 MM in dead space. That said, of the teams that have not needed to utilize the buyout or retention options, there has been a great deal of success. And among the five worst offenders, the Leafs, Hurricanes, Blue Jackets, Avalanche, and Coyotes, none has moved past the first-round in multiple years. It’s hard to draw massive conclusions without taking the context of each individual situation into account, but there is something to be said for making every dollar of cap space count. Perhaps this is merely a byproduct of past success rather than an indicator of future success, but considering how amenable many managers have become to the option, it bears consideration.
(All totals courtesy of the fantastic CapFriendly.com)
Draft Capital: The Path To Success For Vegas
Recently we looked at how the Vegas Golden Knights could still hold court at the 2018 trade deadline, a roster filled with pieces on short term deals that could be attractive to teams for the stretch run. The team has burdened itself with so few long-term commitments that it can move salary in and out as it tries to slowly bring it self into contention. 
As with any build (re or otherwise) in the NHL, the best players on your team must come through the draft. Bringing a core group through together is the key for any dominant team, with examples like Sidney Crosby–Evgeni Malkin–Kris Letang, Jonathan Toews–Patrick Kane–Duncan Keith or Anze Kopitar–Drew Doughty–Jonathan Quick winning several Stanley Cups as young players together. The Golden Knights are hoping their first draft group can replicate that success.
When the Golden Knights secured three first-round picks in this year, selecting Cody Glass, Nick Suzuki and Erik Brannstrom (6th, 13th and 15th-overall) they pumped an incredible amount of high-end talent into their system in one day. Those three could easily become the backbone of a competitive team, but it was the other work they’ve done that will really result in some success in the future. On day two of the draft, Vegas selected nine more players including Nicolas Hague who was expected to go in the late first round and Jake Leschyshyn who has NHL pedigree (father Curtis Leschyshyn played over 1,000 games and won the Stanley Cup with Colorado in 1996) and took a huge step forward in the WHL this season.
It’s the sheer amount of lottery tickets they’ve purchased that is sure to pay off for the Golden Knights. Over the next three drafts they have ten selections in the first two rounds, and as noted earlier could gather even more this season. Not only would that allow them to pump their system full of a huge number of prospects, but should also let them move up to get the specific players they want to target. Though 2018 picks are hard to come by, as teams are viewing the first round as one of the deepest in recent memory, it’s harder to project the talent further down the line. Vegas is set up to compete for the very best players available those years, just through sheer draft capital.
So when you look at the Vegas roster, and don’t see a ton of youth and upside (outside of a select few like Shea Theodore) remember that they’ve just started to build a pipeline that should be among the league’s best in just a few years. With a bottom five finish the most likely outcome of this season, they’ll be in the lottery conversation again to select at the top of the draft, and perhaps pull in Andrei Svechnikov, Joe Veleno, Rasmus Dahlin or one of the other elite prospects available next year. That slow build to contention might not take nearly as long as you think.
Photo courtesy of USA Today Sports Images
McPhee Not Worried About Number Of Extra Defensemen
Although it would appear that the Golden Knights have too many defensemen on their roster at the moment, it doesn’t appear that GM George McPhee thinks that’s the case. Speaking with Steve Carp of the Las Vegas Review-Journal, McPhee noted that he’s happy with the quantity of blueliners they currently have:
Schmidt's Deal Could Be Coming Soon
The Vegas Golden Knights have had a busy off-season in the lead-up to their first NHL season, and Gary Lawless laid out some of what still lies ahead for the fledgling franchise. Most notably, the team has to sign RFA Nate Schmidt, the former Washington defenseman who showed great promise as a productive player. PHR’s Gavin Lee touched on the reportedly productive manner of the talks a few days back, but he is one of the more intriguing names left on the arbitration docket. Schmidt will likely be a pivotal piece of their defense for years, as the team resisted trading him away to teams desperate for defensive help, opting instead to move older names.
Vegas Golden Knights Still Working On Contract With Nate Schmidt
The Vegas Golden Knights have their first arbitration hearing coming up with defenseman Nate Schmidt, scheduled for August 3rd. Despite that, Steve Carp of the Las Vegas Review-Journal reports that the two sides have had productive talks and are positively progressing towards a deal before the hearing. Schmidt is one of the most exciting young players for the Golden Knights, with excellent speed and dynamic puck-moving ability.
Vegas Golden Knights & Trade Deadline Capital
As we look back at the recent NHL Expansion Draft, it seems as though the Vegas Golden Knights had a very clear plan. Three tenets seem to influence most if not all of their selections. 
- Leverage your opportunity to gain draft picks and young players in exchange for taking a bad contract.
- If unwilling to deal, take players with some value and only one or two years remaining on their contract.
- If no players like that exist, take a pending free agent to avoid burdening your cap.
Though some may look at this and see an obvious strategy, it is amazing how closely the Golden Knights followed it. A quick look at their CapFriendly page and you can immediately see that they avoided players who were under contract long-term in the draft, as they currently have 16 players that will be unrestricted free agents either next summer or the year after that. Their only long-term contracts are Reilly Smith, David Clarkson and Erik Haula—players they acquired in trade (the Wild gave them the chance to sign Haula)—and Cody Eakin, who is under contract for a third season.
That cap flexibility is paramount to the Golden Knights, as it was never about building through the expansion draft. Almost none of the assets gained through a direct selection should play much of an impact on the team long term, and because of it GM George McPhee will be holding court on another transaction season next year. The trade deadline should be hugely influenced by the Golden Knights, with a large number of assets on the market.
James Neal, David Perron and Jon Marchessault, arguably the three most prolific offensive weapons the Golden Knights selected in the draft are all UFAs next summer, and would each command a hefty price on the open market. Established goal scorers are moved each spring for big packages, and each of these three are no different.
Brayden McNabb and Luca Sbisa headline the pending UFAs on defense and could each fetch a solid return at the deadline, especially if given increased roles for Vegas. Even Jason Garrison could be of some interest if the team is willing to retain a portion of his already (at that point) prorated salary. Garrison will probably get some powerplay time with the Golden Knights to boost his value come the deadline.
Past the UFAs, the team also has several pending RFAs already in their mid-twenties. Colin Miller for example will turn 25 just after the season begins, and is three years away from unrestricted free agency. It’s unlikely that the team competes for a Stanley Cup while Miller remains a cheap option, meaning moving him in the next year could fetch the biggest return. As a puck-moving defensemen he should get plenty of opportunity to show off his offensive upside.
Though some players will be moved out before the season starts because of the simple fact they currently have too many, it’s not unlikely that the Golden Knights will be holding all the cards come February once again. They could easily have half a dozen players on any trade bait list, and add to the impressive number of draft picks they already own.
Bill Foley Reports Strong Ticket Sales For Vegas Golden Knights
If you hadn’t heard yet, the Vegas Golden Knights are doing just fine financially. Owner Bill Foley made that abundantly clear in a recent interview with Mark Ewing of Forbes, saying that the team has already sold 13,500 season tickets for this season, plus all the luxury suites and most of the opera boxes. Foley claimed that the Golden Knights are ahead of teams like the Philadelphia Flyers, Boston Bruins and Pittsburgh Penguins in terms of ticket revenue at this point, ranking number “five, six or seven” in the entire league.
Obviously, a brand new product in a city that has been waiting for professional sports for some time is going to be a hot ticket. How the Golden Knights perform in the first five years will make a huge impact on how the fan base grows organically, but they have at least one thing going for them when Foley said clearly: “There is no budget.”
Odd Defenseman Out In Vegas
Although some of this might be attributed to wishful thinking, the Edmonton Journal’s David Staples openly wonders whether Griffin Reinhart could find his way back to Edmonton. This comes only a day after Reinhart was signed to a reasonable $800,000 deal for two-years in Vegas. Staples wonders whether the excess of defense on the left side will force Vegas to place Reinhart on waivers in an attempt to send him to the AHL. He surmises, probably correctly, that GM Peter Chiarelli would take another gamble on the player if it were to get that far. It seems incredibly unlikely he would make it to Edmonton’s position in the waiver wire, however, as many worse franchises would likely place a claim. It’s even less likely that Vegas management would risk losing that sort of asset for nothing in the first place.
Reinhart is unlikely to make an Edmonton return, but it’s not totally inconceivable that he’d be the odd man out in Vegas. The team went heavy on defense in the expansion draft, and odds are that they will eventually lose someone to the waiver wire if they can’t maneuver more moves. Once Nate Schmidt is signed, they’ll have 11 defensemen on the NHL roster, and that’s if Erik Brannstrom doesn’t make the big squad. Even assuming the Golden Knights can trade two more players, they’re not likely to carry more than 8 defensemen. Someone will be sacrificed to waivers unless GM George McPhee can pull some magic before the start of the season.
The most aged players include Jason Garrison (32), who has a no-trade clause, Deryk Engelland (35), Luca Sbisa (27), and Clayton Stoner (32). Brayden McNabb, Colin Miller, Schmidt, and Shea Theodore will likely constitute the team’s future defense, and it might be difficult for Reinhart to crack that group. Brad Hunt and Jon Merrill are the least likely to attract any major attention if they were to be waived, so there is no necessity to start floundering yet. Hunt in particular would pass with almost no difficulty, as the 5’9, 28-year old defender hasn’t been overly impressive in his 33 career NHL games. Still, depending on who else is moved and whether Reinhart makes an impact at training camp, he could be seen as a non-core piece. McPhee will need to make a determination as to who will be getting major playing time, considering that at this moment things are far too crowded for the younger players to shine.
McNabb, Schmidt, and Miller seem the safest for the moment, but anything can happen. The right side has to be a concern, as only Engelland and Miller naturally play that position. As for now, we’ll have to wait and see who gets unloaded for picks and future assets, and whether they will be much difficulty in doing so. It seems unlikely that Vegas would move Reinhart, a young piece who they just re-signed, considering that if nothing else he can fill a 7th or 8th defensive position. Sbisa and Stoner seem to be the most likely to move out to a team starved for defensive depth, especially considering their contracts are each only good for one more season.