NHL Rumor Mill – October 7, 2022
Are the Senators closing in on a new contract with Alex DeBrincat? How will the Rangers free up salary-cap space for the coming season? Find out in today’s NHL Rumor Mill.
ARE THE SENATORS CLOSE TO SIGNING DEBRINCAT?
SPECTOR’S NOTE: The Senators acquired DeBrincat this summer from the Chicago Blackhawks. A two-time 40-goal scorer, the 24-year-old winger is in the final season of his contract with an average annual value of $6.4 million.
DeBrincat earns $9 million this season in actual salary, which is what it’ll cost the Sens to qualify his rights. He will also be a year away from unrestricted free-agent eligibility next July.
With New York Islanders center Mathew Barzal recently signing an eight-year contract worth an AAV of $9.15 million, DeBrincat could get something between $9 million and $9.5 million. However, his camp could prefer waiting to see how this season plays out. Another 40-goal campaign could push DeBrincat into the $10 million AAV range.
The Senators have $60.9 million invested in 11 players for 2023-24. A new deal for DeBrincat will take a big bite out of their $22 million in cap space.
HOW WILL THE RANGERS FREE UP SALARY-CAP SPACE?
They could attempt to acquire the contract of a player on permanent long-term injury reserve such as the Vancouver Canucks’ Micheal Ferland or the Arizona Coyotes’ Andrew Ladd. However, they can only exceed the cap by the equivalent of the sidelined player’s AAV. Doing so also means the Rangers won’t be able to accrue salary-cap space throughout the season.
SPECTOR’S NOTE: Staple doesn’t see the Rangers going this route at the present time. They don’t have a need to add that much cap space right now unless they’re about to acquire someone via trade and that player’s cap hit fits within the LTIR amount. He concludes it’s too complicated right now.