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Justin Schultz Expected To Sign With Seattle Kraken

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Former Washington Capitals defenseman Justin Schultz is expected to head to the Seattle Kraken on a two-year deal worth roughly $3MM per season, per Sportsnet’s Elliotte Friedman.

It had been long rumored that the Kraken would be after an offensive defenseman who could help them on their powerplay and help them in transition. Schultz is exactly that, having made his career around his offensive abilities since breaking into the league in 2012-13. Schultz’s offensive production isn’t what it once was, with his 23 points in 74 games representing a sharp decline from his 27 points in 46 games last season.

But even with that in mind, one has to remember that the kind of profile Schultz brings isn’t exactly easily found on the market. Defense-first, crease-clearing defensemen are more common on the open market than ones with fifty-point seasons on their resumes, so Schultz is perhaps the most suitable option for the Kraken if they did not want to dip into the deep end of the market and acquire a player like John Klingberg.

The biggest risk with this signing, though, is in Schultz’s health. Schultz has struggled to play consistently in recent years, and has not been able to cross even the 70 games played mark since 2016-17. At a $3MM price tag, the Kraken will not only need Schultz to be productive, they’ll also need him to be healthy. That’s a major risk to take for a player who just turned 32 years old. Kraken GM Ron Francis entered this offseason with a clear mandate: improve the Kraken offensively. Schultz is his first choice in that quest, and it’s a big swing. Time will tell if it works out.

Capitals Reportedly Interested In Darcy Kuemper

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One of those teams is presumed to be the Washington Capitals. They traded one-half of last season’s goalie tandem, Vitek Vanecek, to the New Jersey Devils, and have enough cap space to make a splash on a goalie. According to Elliotte Friedman of Sportsnet on the 32 Thoughts Podcast, the Capitals have been “very interested” in Kuemper for “quite some time” and should be “very motivated” to sign him once the market opens next week. The Capitals are looking to remain a Stanley Cup contender for the rest of Alex Ovechkin’s career, and acquiring a cup-winning number-one goalie is certainly one way for GM Brian MacLellan to keep his team in the mix.

Capitals Interested In Keeping Schultz, Johansson, And Larsson

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  • The Capitals have interest in retaining pending unrestricted free agents Justin Schultz, Marcus Johansson, and Johan Larsson, notes Tarik El-Bashir of The Athletic (subscription link). With Schultz, however, the 32-year-old blueliner would need to take a pay cut from the $4MM he made over each of the last two years for a deal to be done.  Schultz is coming off a bit of a quiet year by his standards where he notched 23 points in 74 games.  The other two forwards were trade deadline acquisitions and fit in well with El-Bashir highlighting that the possibility of Larsson returning could be tied to Carl Hagelin’s situation with his availability for next season up in the air.

Washington Capitals Re-Sign Lucas Johansen

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Even more extension news has come in today. The Washington Capitals have announced that they have re-signed defenseman Lucas Johansen on a two-year, $762k AAV deal. Per the Capitals’ announcement, the deal has the following financial structure:

  • 2022-23: two-way, $750k NHL salary/$125k AHL salary
  • 2023-24: one-way, $775k

Johansen, 24, was the Capitals’ top draft pick at the 2016 draft, going 28th overall. He’s taken a long time to develop, and spent four full seasons in the AHL before finally making his NHL debut in 2021-22. He got into one game with the Capitals this year and registered an assist.

At the AHL level, Johansen has grown since his debut season and become a top-four defenseman for the Hershey Bears. In addition to his 28 points in 62 games, Johansen averaged just over 20 minutes of ice time per game, which ranked fourth among regular Bears defensemen. He often played as the partner to another Capitals first-rounder, Alexander Alexeyev. Johansen was also a factor on both of the Bears’ special teams units, averaging 1:59 of short-handed ice time per game and 1:20 per game on the Bears’ power play.

Johansen probably won’t become the top-four staple he was drafted in the first round to be, but the Capitals still see enough in him to give him a one-way commitment in 2023-24. Two of Johansen’s professional seasons were wrecked by injuries, and that could mean that Johansen is simply a late-blooming former top prospect who needed a longer runway to finally develop into an NHL player. It’s also possible that Johansen doesn’t improve on the consistency he showed this season, and tops out as a solid middle-of-the-lineup AHL-er.

With this new contract, Johansen will have a crucial two-year window in the Capitals’ organization to finally break into the NHL and become the NHL regular scouts once believed he could become.

New Jersey Devils Acquire Vitek Vanecek

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The New Jersey Devils are next to ride the goaltending carousel, acquiring Vitek Vanecek from the Washington Capitals. They will also receive pick No. 46 in today’s draft, while sending picks No. 37 and 70 to the Capitals.

For a little bit of draft capital, the Devils have found an answer in net, or at least someone to potentially pair with Mackenzie Blackwood as he looks to get his career back on track. Like Ville Husso when he was traded earlier today, Vanecek is without a contract for next season and will need to work out a new deal with New Jersey in the coming days. A significant difference, however, is that he is a restricted free agent that can’t get to the open market if the Devils extend him a qualifying offer (which they will).

That qualifying offer only needs to be $787,500 but Vanecek’s NHL history to this point would certainly land him more than that in arbitration. Since entering the league in 2020, the 26-year-old netminder has posted a .908 save percentage in 79 games, going 41-22-10 in the process. At his age, any multi-year extension would be buying out UFA seasons, thus making a deal more expensive.

Despite only ever playing for the Capitals, this actually isn’t the first time Vanecek has been traded. He was also the Seattle Kraken’s expansion selection, only to be traded back to Washington last summer. By moving him now, the team has recouped at least part of the value they had to give up in that trade, while also opening a spot for a goaltending upgrade.

Though Capitals’ general manager Brian MacLellan admitted that Vanecek and Ilya Samsonov would both get qualifying offers, it was clear that he wanted to upgrade the position in some fashion. A plan for that appears to be in place; the only question will now be whether Samsonov is also moved out, or if he partners with a newcomer for next season.

NHL Announces 2022-23 Regular Season Schedule

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The news continues to break during what’s been a busy pre-draft week. The NHL has released the full 82-game schedule for the 2022-23 campaign, marking a return to normal dates and length for the first time since 2018-19.

2022-23 will see its curtains open overseas, where the San Jose Sharks and Nashville Predators will open the season at the O2 Arena in Prague, Czechia on October 7 and 8, 2022. The regular season will begin on the North American side of the Atlantic Ocean on Tuesday, October 11, 2022, with a classic doubleheader. The puck will drop at Madison Square Garden for an Eastern Conference Final rematch between the Tampa Bay Lightning and New York Rangers, followed by a Pacific Division showdown in Southern California between the Vegas Golden Knights and Los Angeles Kings.

The Colorado Avalanche Stanley Cup banner-raising ceremony will be the following night at home against the Chicago Blackhawks. The season will wrap up on April 13, 2023.

Some key events throughout the season include the 2022 Global Series in Tampere, Finland, where the Avalanche and Columbus Blue Jackets will play a pair of games on November 4 and 5, 2022. The 2023 Discover NHL Winter Classic is slated for January 2, 2023, between the Pittsburgh Penguins and Boston Bruins at Fenway Park, and the 2023 NHL Stadium Series is set for February 18, 2023, in Raleigh, North Carolina, where the Hurricanes will host the Washington Capitals. All-Star Weekend will be February 3-4, 2023, hosted by the Florida Panthers.

Capitals Notes: Backstrom, Goaltending, Draft

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When the Washington Capitals announced that Nicklas Backstrom had hip surgery, speculation erupted that the 34-year-old forward could potentially be on his way to semi-retirement, sitting out the last few years of his contract and heading to long-term injured reserve. Not so fast, says general manager Brian MacLellan:

I think everybody is happy–the trainers, the doctors–with the surgery and the results of the surgery. It is Nick’s intention to come back and play at some point this year. 

While the timeline for that return is still unclear, MacLellan made a point to explain that the team won’t be looking to use his cap space as if it were staying on LTIR the whole year. Instead, they will look to their young players to step up in his absence and carry the ship until he returns.

  • Backstrom has a $9.2MM cap hit through the 2024-25 season and will turn 35 in November. If he was ruled out for the year, moving his contract to LTIR would provide a ton of flexibility for the team in free agency, allowing them to go after not only his replacement but potentially a veteran goaltender as well. MacLellan confirmed that the team will issue qualifying offers to both Vitek Vanecek and Ilya Samsonov but that the position is not settled. In Pierre LeBrun’s latest for The Athletic, he even writes that he wouldn’t be surprised if they have checked in on Jack Campbell.
  • There have been talks about nearly every draft pick in the first round it seems, and Washington’s No. 20 is no different. MacLellan explained that the idea of moving it has been discussed but that they are more likely to just hold onto that spot and make a selection. The Capitals didn’t have a first-round pick a year ago but have actually done a pretty good job of keeping their top selections over the years, despite being in a perpetual state of contending for the Stanley Cup.

Ovechkin Signs One-Game Soccer Contract In Russia, Scores Game-Winner

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In the past, there has been an expectation that Capitals winger Alex Ovechkin would finish up his career with Dynamo Moscow in Russia.  On Friday, the veteran did indeed sign a contract with them, just not the Dynamo Moscow you might be thinking of.  Instead, Dynamo’s soccer team announced the signing of the 36-year-old to a one-game contract, naming him the captain for the match as well.  That game was played on Saturday with Ovechkin actually scoring the game-winner against Amkal in a 5-0 victory.  Fittingly, given how many of his goals have been scored in the NHL, it came on a one-timer from the left side, the clip of which can be seen here.

Washington Capitals Extend Beck Malenstyn

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A few minutes after announcing a contract for Brett Leason, the Washington Capitals have wrapped up another negotiation. This time it’s Beck Malenstyn signing a two-year extension. His deal will come in at a slightly lower average annual value of $762.5K, as Malenstyn will receive $750K in 2022-23 and $775K in 2023-24 at the NHL level. The other difference is that the first year of this contract is a two-way deal, which carries an AHL salary of $110K.

Malenstyn, 24, played 12 games for the Capitals this season, scoring his first NHL goal in the process. The 2016 fifth-round pick has 15 games total at that level and has spent the majority of his pro career to this point with the Hershey Bears. In 65 games there this season, he had ten goals and 16 points.

With a new contract in hand, Malenstyn will be another young forward fighting for minutes at training camp, while the Capitals try to sort out their lineup without Tom Wilson and Nicklas Backstrom. The 6’3″ winger represents a big, physical presence for the bottom six but lacks much offensive upside, meaning his role with Washington will likely remain as a depth option.

Still, Capitals’ general manager Brian MacLellan is getting some offseason work done ahead of time and now has just five pending restricted free agents in the whole organization. Malenstyn would not have been eligible for arbitration and had basically no leverage, though landing some security in a two-year deal is a nice reward for the Hershey favorite.

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