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Waivers

Free Agent Profile: Andrew Hammond

December 4, 2020 at 8:09 pm CDT | by Zach Leach 5 Comments

I know what you’re thinking. Andrew Hammond? Really? Other than the “Hamburglar” moniker, Hammond isn’t exactly a household name to NHL fans. In fact, Hammond hasn’t made an NHL appearance since 2017-18 and has just seven total appearances over the past four seasons. It’s been quite a while since Hammond heroically stole the Ottawa net and led the Senators to the postseason in 2014-15.

Yet, there’s a good case to be made that Hammond is the best available free agent goalie and there is no arguing that there isn’t still a considerable need for net depth around the NHL. The free agent market seems to be on hold right now as the league figures out its plans for this season, but when it picks back up Hammond is likely to be in demand.

Hammond, 32, is built for the 2020-21 season. The veteran goaltender can likely be slipped through waivers if his signing team so desires, but if injury spurns his recall, Hammond has both the NHL experience to jump into a backup role and has been a workhorse in the AHL for several years, ready for a condensed schedule and frequent appearances if need be. Hammond made 33 appearances for the Rochester Americans in the shortened 2019-20 season, the twelfth-most in the AHL. Hammond is also one of just seven netminders to have made 33+ appearances in each of the past two AHL seasons.

Among qualifying goaltenders, Hammond’s 2.53 GAA this past season ranked 13th in the AHL. It’s a pretty good ranking on its own, but consider that only one goalie with a better GAA played more minutes than Hammond last year and it puts his performance in perspective given his workload. Hammond’s .908 save percentage, while not among the AHL’s best, is a good number and has held steady for two seasons now as a stark improvement versus his AHL numbers earlier in his career.

When last Hammond was seen in the NHL, he was actually shocking many with his strong play as an emergency postseason call-up for the Colorado Avalanche in 2017-18. Hammond played three playoff games after making just one regular season appearance, yet posted a stellar .933 save percentage with a 2.62 GAA. While a small sample size, if this is what Hammond can do at the NHL level then he is even more valuable than it seems. For a larger sample size, look back at the 2014-15 and 2015-16 seasons with Ottawa, the only time in his career that Hammond was given a regular NHL role. In 48 games over two years, Hammond recorded an outstanding .927 save percentage and 2.21 GAA, as well as a .705 quality start percentage. Admittedly, that was five years ago now, but Hammond’s NHL numbers speak for themselves.

Still, Hammond can’t be the best free agent goalie option available, can he? Well, only four UFA keepers saw NHL action last season: Craig Anderson, Jimmy Howard, Ryan Miller, and Cory Schneider. Anderson, Howard, and Miller each made over 20 appearances last season, but didn’t exactly inspire their respective teams to give them any more play time than necessary. Of the 57 NHL goalies who made at least 20 appearances last year, Howard finished dead last in both save percentage and goals against average; Anderson ranked 47th and 55th and Miller came in at 37th and 47th, respectively. These poor performances marked a steep drop-off for Howard and Miller, while this is the third year in a row with ugly numbers for Anderson. Age is also a troubling number shared by all; Anderson and Miller are 39 and Howard is 36. Given their ages and stats, Anderson and Howard appear done. Miller may have enough left for one more run, but his value as a free agent is limited given his desire to play only with a team near his home in Southern California. As for Schneider, he played in 13 games and posted numbers comparable to Howard’s. Schneider, 34, has faced problems with injuries and inconsistency for several years now. He is nothing more than a dart throw at this point – and according to some sources there is a handshake agreement between he and the New York Islanders, who appear willing to toss that dart at a potential veteran No. 3. Even if Schneider is available or if Miller is willing to move on from the Anaheim Ducks, do any of these aging options inspire more hope than an established AHL starter with strong NHL numbers in Hammond?

Potential Suitors

There is no shortage of teams in need of a goalie before the 2020-21 season, including the aforementioned Ducks and Islanders. Anaheim especially currently counts just starter John Gibson and presumptive backup Anthony Stolarz as NHL options, with only recent draft picks as their other signed goalies. While Stolarz is younger than Hammond and has more recent NHL experience, the two share similar career AHL stats with Hammond having an edge in the NHL. Hammond could prove to be an upgrade over Stolarz as Gibson’s backup, if not just a sold third-string option at a shallow position. There is also the matter of the impending Expansion Draft and Anaheim needing a goalie signed beyond this season to expose, making Hammond an even more likely fit. In New York, depth is an extreme concern beyond the NHL tandem, with only one other goalie signed in young Jakub Skarek. Even if the Islanders do sign Schneider, it may not hurt to add Hammond as well given Schneider’s injury concerns and not wanting to rush Skarek into a workhorse AHL role.

Elsewhere, Hammond could compete for an NHL role with the Chicago Blackhawks and Pittsburgh Penguins. The Blackhawks have maintained that they are content with an unproven trio of Collin Delia, Malcolm Subban, and Kevin Lankinen competing for both NHL spots as they begin a rebuild. However, things could turn south quickly with that group and an experienced goaltender in Hammond could be valuable. Even if Hammond doesn’t make the ’Hawks out of camp, the team could use some dependability in their depth chart. Similarly, the Penguins claim that they are happy to go into next season with Tristan Jarry and Casey DeSmith in net. Jarry put up great numbers last season, but has never had a true starter’s workload in the NHL. DeSmith meanwhile did not see any NHL action last season and was outplayed in the AHL by Hammond. The Penguins have okay depth, including UFA addition Maxime Lagace, but could alleviate the risk of their untested NHL tandem or at the very least upgrade at No. 3 with Hammond.

Options where Hammond would only be asked to serve in a third-string role (at the outset), but where that could still turn into a key position, include the Edmonton Oilers, San Jose Sharks, Vancouver Canucks, or a return to an old home with the Colorado Avalanche. The Oilers and Sharks impressed no one with their off-season changes in net; Edmonton struck out with top free agents and re-signed Mike Smith to play alongside Mikko Koskinen, while San Jose decided the way to help severely struggling starter Martin Jones was to acquire an equally struggling netminder in Devan Dubnyk. Both teams have decent depth in the minors and may be content to lean on young options if their NHL tandem fails, but if either one hopes to be a contender this season they need a No. 3 who can push for top level opportunity and Hammond could fit the bill. At this point in time, it’s anyone’s guess whether any of Smith, Koskinen, Jones, or Dubnyk are actually better goaltenders than Hammond. As for Vancouver and Colorado, both teams are set with a solid duo in the NHL, but injuries are a concern and each is sorely lacking a proven option in the AHL. For two top contenders from this past season, depth is key and Hammond would look awfully nice as a third-string fallback.

Projected Contract

The contract question for Hammond is not so much NHL salary, but AHL salary. Given the cap crunch climate, Hammond is not getting any more than the $700K league minimum salary, even if he could work his way into a regular NHL role worth far more. The question is whether he can get a one-way deal, as he did last year with the Buffalo Sabres, and have that NHL salary guaranteed in the minors or if he will have to settle for a two-way deal, as he did two years ago with the Minnesota Wild. The cap implications are the same and Hammond’s decision will likely come down to fit and opportunity over salary anyhow, so the signing team’s current financial status will likely determine one-way versus two-way. Given the potential competition for his services though, Hammond may have a number of good options and a one-way offer could be the deciding factor.

As alluded to with the Ducks, don’t rule out a two-year deal either. While a one-year term is more likely, teams will be cognizant of their Expansion Draft requirements and how training camp waivers could change the status quo as well, which could lead to Hammond landing some two-year offers to serve as Kraken bait next summer.

 

AHL| Anaheim Ducks| Colorado Avalanche| Edmonton Oilers| Expansion| New York Islanders| Pittsburgh Penguins| San Jose Sharks| Schedule| Waivers Andrew Hammond| Craig Anderson| Devan Dubnyk| Jimmy Howard| Ryan Miller

5 comments

Snapshots: Barzal, Timashov, Davidsson

November 4, 2020 at 12:50 pm CDT | by Gavin Lee 1 Comment

The New York Islanders locked up one of their key restricted free agents today when they agreed on a new two-year contract with Ryan Pulock, but still have one big item on their offseason to-do list. That’s a new contract for Mathew Barzal, who is a restricted free agent without arbitration rights and is in line for a huge raise.

Perhaps not as big as one might expect though. Pulock, speaking to reporters today including Andrew Gross of Newsday, explained that he and Barzal have spoken throughout the offseason and are trying to take deals that work for them and the Islanders, in the hopes that their current core can stay together. Still, it’s not like Pulock took a huge discount on his deal, which walks him straight to free agency at age-27 and carries a $5MM AAV. Barzal, who led the Islanders with 60 points during the regular season, is arguably the most important skater on the team and should command quite the salary.

  • Dmytro Timashov is the final unsigned restricted free agent for the Detroit Red Wings and still isn’t sure where he’s going to spend next season. Helene St. James of the Detroit Free Press reports that Timashov is still considering his options but a return to Detroit is possible. The 24-year-old forward was claimed off waivers from the Toronto Maple Leafs at the end of February and played in five games for Detroit down the stretch.
  • As expected, both Marcus Davidsson and Jonathan Davidsson have joined Vasterviks IK after some recent transactions made them available for a reunion. Jonathan Davidsson required a loan from the Ottawa Senators given he is under contract, while Marcus Davidsson recently terminated his contract with Vaxjo in the SHL.

Detroit Red Wings| Loan| New York Islanders| Ottawa Senators| Snapshots| Waivers Mathew Barzal

1 comment

Tyler Johnson Clears Waivers

October 10, 2020 at 11:00 am CDT | by Gavin Lee 23 Comments

Saturday: Johnson has cleared waivers, Friedman reports.

Friday: The Tampa Bay Lightning have placed Tyler Johnson on waivers, according to Elliotte Friedman of Sportsnet. The window for buying a contract out has passed, meaning this is not for that purpose. Instead, this is likely the Lightning trying to find a team that will take on Johnson’s entire deal, even for free.

Johnson, 30, has four years remaining on his contract and carries a $5MM cap hit, but notably also has a full no-trade clause. Though he extended a list to the Lightning that he would accept a deal to, this is one way for the Lightning to get around that. A team that wants Johnson could simply claim him off waivers, which he has no control over.

Still, it’s a lot of money for any team to take on even without giving up an asset in return. Johnson scored 31 points this season, but was underwhelming in the Stanley Cup run with just seven postseason points.

Tampa Bay Lightning| Waivers Elliotte Friedman| Tyler Johnson

23 comments

Pittsburgh Penguins Re-Sign Sam Lafferty

October 8, 2020 at 5:56 pm CDT | by Zach Leach 1 Comment

After making a qualifying offer to restricted free agent Sam Lafferty, the Pittsburgh Penguins have now come to terms on a contract extension with the young forward. The team has announced a two-year, $1.5MM contract for Lafferty. The 25-year-old will be an unrestricted free agent when the deal expires following the 2021-22 season.

While Lafferty’s new $750K AAV is actually a reduction from his prior NHL cap hit of $768K, it is a one-way contract that promises the local product more guaranteed money than his entry-level deal. Lafferty’s low cap hit will also make him a more valuable asset to the cap-strapped Penguins this year. Lafferty played 50 games with Pittsburgh in his rookie season, recording 13 points, and he will look to win and retain a full-time role again next season. If he can provide positive contributions on a consistent basis, the Penguins will appreciate his affordable impact.

Lafferty is still waivers-exempt and could potentially be sent down to the AHL,but  it is a safe bet that he is in Pittsburgh for good. GM Jim Rutherford stated the following in the team’s press release announcing Lafferty’s extension: “We have been very pleased with Sam’s development. His size and speed are big advantages in today’s game, and we like what he brings to our lineup.”

Jim Rutherford| NHL| Pittsburgh Penguins| Waivers Akim Aliu| Sam Lafferty

1 comment

Columbus Blue Jackets To Buy Out Alexander Wennberg

October 8, 2020 at 10:29 am CDT | by Gavin Lee 7 Comments

After getting their new second-line center locked up yesterday, the Columbus Blue Jackets will be clearing some room today. Aaron Portzline of The Athletic and Brian Hedger of the Columbus Dispatch are both reporting that the Blue Jackets will place Alexander Wennberg on waivers today for the purpose of a contract buyout. This is the final day a team can use the buyout system in the current window. Because Wennberg has three years remaining on his current contract, meaning the Blue Jackets will incur cap charges for the next six seasons. However, given his age, the Blue Jackets will only be responsible for paying 1/3 of the remaining salary, drastically reducing their cap charges moving forward. Those charges will be:

  • 2020-21 $441,667
  • 2021-22: $441,667
  • 2022-23: $441,667
  • 2023-24: $891,667
  • 2024-25: $891,667
  • 2025-26: $891,667

Saving nearly $4.5MM of cap space over the next three seasons is obviously worth more to the Blue Jackets than Wennberg, who after an outstanding 2016-17 season has been disappointing in each of the last three. A capable defensive center, he has always struggled to score at the NHL level and even his above-average playmaking ability has waned. With just 15 goals and 82 points over his last 198 games, Wennberg’s $4.9MM price tag was simply too high for the Blue Jackets to keep and since he turned 26 last month, this was the last chance they had to buy out his contract at the 1/3rd rate.

Still, this hardly means that Wennberg’s time in the NHL is over. While some buyout candidates are nearing the end of their professional careers, the 26-year-old center will immediately become a sought after asset on the free agent market instead. Again, even though his offensive production has been underwhelming, Wennberg is still a strong two-way option when played in the right circumstances. He saw his best production when used as a catalyst on the Columbus powerplay and regularly posts strong possession numbers regardless of linemates. Though his faceoff statistics are not strong, he does provide solid play at the center position and has penalty killing experience.

The Blue Jackets acquired Max Domi to slot in behind Pierre-Luc Dubois as a much stronger offensive weapon, and still have several other options for the bottom-six center positions. Boone Jenner and Riley Nash are both still under contract at lower prices than Wennberg, while newcomer Mikhail Grigorenko could potentially give a different look after several successful years in the KHL.

Columbus Blue Jackets| Waivers Alexander Wennberg

7 comments

Nashville Predators To Buy Out Kyle Turris, Steven Santini

October 7, 2020 at 11:06 am CDT | by Gavin Lee 11 Comments

After trading away Nick Bonino, the Nashville Predators are clearing even more space down the middle. The team has placed Kyle Turris on unconditional waivers for the purpose of a contract buyout. With four years remaining on his contract, the Predators will incur a cap charge of $2MM for the next eight seasons.

The team has also placed Steven Santini on unconditional waivers for the purpose of a contract buyout. Since Santini is still just 25, the Predators will only have to pay one-third of his remaining salary. That will result in a cap charge of just $41,667 in 2020-21 and $275K in 2021-22.

The big news here is Turris, who signed a massive six-year, $36MM contract with the Predators in 2017 after coming over from the Ottawa Senators in that infamous three-way Matt Duchene deal with the Colorado Avalanche. Remember, the Predators gave up Sam Girard, Vladislav Kamenev and a second-round pick to be involved in that trade, a brutal price to pay when looking back with the benefit of hindsight.

Not only did Turris not pan out, but the team will now have a $2MM cap charge for nearly a decade just to make sure he doesn’t play for them anymore. Getting out from under his contract was important, but this is a hefty penalty to deal with in a flat cap environment.

Amazingly though, Turris now becomes an interesting option on the open market, given his experience at center and previous success. This is a player who scored at least 24 goals in three different seasons for the Senators and could now be available for a very low price. You can bet that someone will take a chance on the 31-year-old when he becomes a free agent.

Nashville Predators| Newsstand| Waivers Kyle Turris

11 comments

Detroit Red Wings To Buy Out Justin Abdelkader

October 6, 2020 at 11:03 am CDT | by Gavin Lee 16 Comments

Detroit Red Wings GM Steve Yzerman continues his cleaning of the team’s cap situation, this time placing Justin Abdelkader on waivers for the purpose of a buyout. Abdelkader has three seasons remaining on his contract, meaning the Red Wings will incur cap charges for the next six years. Those charges will look like this:

  • 2020-21: $1,805,556
  • 2021-22: $2,305,556
  • 2022-23: $2,305,556
  • 2023-24: $1,055,556
  • 2024-25: $1,055,556
  • 2025-26: $1,055,556

There was a time not too long ago when Abdelkader looked like exactly the kind of powerhouse winger that every team was looking for. In 2015-16 he scored 19 goals and 42 points while racking up 120 penalty minutes and 207 hits. A wrecking ball on the ice with a scoring touch around the net was extremely effective and it landed him a new seven-year extension during that season.

Unfortunately when you play that style, if the goal-scoring falls off you’re suddenly just an overpaid fourth liner. That’s basically exactly what happened to Abdelkader, who almost immediately struggled under his new contract. Since the start of the 2016-17 season he has scored just 26 goals in 259 games despite averaging more than 15 minutes a night. Only 15 of those have come at even-strength and Abdelkader failed to score a single goal in his 49 games during the 2019-20 season.

That’s not to say this move comes without a bit of surprise. The Red Wings are not in any sort of cap trouble and could have kept Abdelkader on the roster as an overpaid veteran presence. But Yzerman has a clear plan to sweep out all the bad money and install his own vision of the Red Wings.

With Abdelkader gone, Dylan Larkin is the only player in the organization signed to a one-way contract through the 2022-23 season. Every other contract is either an entry-level deal or will expire by the summer of 2022. That freedom will allow Yzerman to do anything he wants to the roster, likely relying on the draft-and-develop strategy that served him so well in Tampa Bay.

Detroit Red Wings| Newsstand| Steve Yzerman| Waivers Justin Abdelkader

16 comments

Montreal Canadiens To Buy Out Karl Alzner

October 6, 2020 at 11:01 am CDT | by Gavin Lee 3 Comments

Another buyout is on the docket for today, as the Montreal Canadiens have placed Karl Alzner on unconditional waivers for the purpose of terminating his contract. With two years left on his deal, Montreal will incur cap penalties for the next four seasons. Those charges will look like this:

  • 2020-21: $3,958,333
  • 2021-22: $1,958,333
  • 2022-23: $833,333
  • 2023-24: $833,333

Alzner, 32, was actually signed to the longest contract on day one of free agency just three years ago, inking a five-year deal with the Canadiens that carried a cap hit of $4.625MM. That deal, which was considered extremely risky right from the start, resulted in just 95 games played for Montreal.

In 2017-18 Alzner spent the entire season in the NHL, suiting up for all 82 games and averaging more than 20 minutes a night. Unfortunately, those minutes weren’t all that effective, with the defensive defenseman recording just 12 points and poor possession statistics. By the next season, he was buried in the minor leagues where he has spent the majority of the last two years.

That risky deal turned into an albatross for the Canadiens, though the team was never really in cap trouble as they slowly rebuilt their team around a younger core. Now that they are ready to start competing again, getting at least some of the Alzner money off the books was an obvious choice.

Still, because of the front-loaded nature of the deal, the Canadiens will not receive much relief this season. They do however save quite a bit of actual money, paying Alzner just $833K in each of the next four seasons.

It’s hard to see an NHL future for the veteran defenseman, though perhaps at a much lower cost another team would take a chance on him as a depth option.

Montreal Canadiens| Newsstand| Waivers Karl Alzner

3 comments

Pittsburgh Penguins To Buy Out Jack Johnson

October 5, 2020 at 11:03 am CDT | by Gavin Lee 11 Comments

The Pittsburgh Penguins have placed Jack Johnson on unconditional waivers for the purpose of a contract buyout. Johnson has three years remaining on his contract, meaning a buyout will carry through the 2025-26 season. The full cap hits will be as follows:

  • 2020-21: $1,166,667
  • 2021-22: $1,166,667
  • 2022-23: $1,916,667
  • 2023-24: $916,667
  • 2024-25: $916,667
  • 2025-26: $916,667

Quite frankly, this contract was a disaster from the very first day it was signed. Penguins GM Jim Rutherford signed Johnson to a five-year contract on July 1, 2018 despite the veteran defenseman’s recent struggles with the Columbus Blue Jackets. When it was pointed out that Johnson had even been made a healthy scratch by the Blue Jackets, Rutherford told reporters:

I don’t think he had a bad year. He was a healthy scratch at the end of the season. I know the reason why. It wasn’t because of how he was playing.

That comment got an explosive response from Blue Jackets head coach John Tortorella, who said Rutherford must be a “(expletive) magician” for having insight into the team’s decision making from “three hours away.” Unfortunately, it appears as though the Penguins have come to the same conclusion the Blue Jackets did.

Johnson, 33, recorded some of the worst possession metrics in the NHL during his time in Pittsburgh, struggling at both ends of the rink. In 149 games with the Penguins he recorded 24 points while averaging more than 19 minutes a night, adding zero in the seven postseason games he was included in. A third-overall pick in 2005, when Johnson’s offensive output declined his effectiveness went with it, to the point where it will be interesting to see if he even receives a new NHL contract.

Of course, he’ll be making money even if he doesn’t sign a new deal thanks to this buyout. The Penguins do save a little more than $2MM in cap space for each of the next two seasons (and about $1.3MM in 2022-23) but will have to carry a penalty for three extra seasons thanks to the unfortunate contract.

Newsstand| Pittsburgh Penguins| Waivers Elliotte Friedman| Jack Johnson

11 comments

Arizona Coyotes To Buy Out Michael Grabner

October 4, 2020 at 11:00 am CDT | by Zach Leach 8 Comments

Sunday: Friedman reports that Grabner has cleared waivers and now is an unrestricted free agent.

Saturday: The desperate cost-cutting in the desert has begun. The Arizona Coyotes are in arguably the worst salary cap position of any NHL team heading into this off-season and had to make moves to be compliant ahead of next season. The first casualty is veteran winger Michael Grabner. Sportsnet’s Elliotte Friedman was the first to report that Grabner has been placed on unconditional waivers for the purpose of a buyout.

With just one year remaining on his current contract, the Coyotes will face penalties for just two years for buying out Grabner. Rather than deal with an AAV of $3.35MM this season, Grabner will count for just $833K against the cap in 2020-21 for a savings of over $2.5MM. This brings CapFriendly’s cap space projection to about $3.6MM (which still won’t go very far with seven roster spots to fill and a number of restricted free agents to sign). In 2021-22, the buyout will cost Arizona just over $1.25MM.

Unlike most buyouts, there is a small chance that Grabner does not clear waivers. Even at 32, Grabner still plays with tremendous speed and is a dangerous penalty killer. However, he has not played a full NHL season in two years and his offensive production, even if healthy, is likely limited to 20-30 points at most. Teams will likely take their chances at getting Grabner at a lower cost on the free agent market than claiming his $3.35MM contract. Grabner will surely draw attention if he does make it to market.

Utah Mammoth| Waivers Elliotte Friedman| Michael Grabner| Salary Cap

8 comments
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