Flames Trade Jacob Markstrom To The Devils

by | Jun 19, 2024

Flames Trade Jacob Markstrom To The Devils

TSN’s Darren Dreger reports the Calgary Flames traded goaltender Jacob Markstrom to the New Jersey Devils in exchange for defenseman Kevin Bahl and the Devils’ 2025 first-round pick.

Calgary Flames trade goaltender Jacob Markstrom to the New Jersey Devils (NHL Images).

SPECTOR’S NOTE: One of the biggest names in this summer’s trade market is off the board.

It’s no surprise that Markstrom is heading to the Devils. It was rumored in February that he was willing to waive his no-movement clause for New Jersey but the two clubs at the time couldn’t agree on a deal.

Devils general manager Tom Fitzgerald said he was going “big-game hunting” this summer with a No. 1 goalie at the top of his list. He’s getting a big upgrade between the pipes with Markstrom. Fitzgerald is also taking on a hefty cap hit of $6 million annually for the next two years.

**UPDATE: The Flames are retaining 31.25 percent of Markstrom’s AAV. The Devils will be carrying $4.125 million annually for the remainder of his contract. 

Markstrom, 34, was a finalist for the Vezina Trophy in 2021-22. He was considered the Flames’ MVP in 2023-24, stealing wins for his struggling club in games they otherwise would’ve lost. He’ll be backed up in New Jersey by former Canadiens netminder (and trade deadline acquisition) Jake Allen.

The Devils should be set between the pipes if Markstrom maintains his form over the next two seasons. His age is a concern but Fitzgerald is betting that his new goalie tandem can help the Devils rebound from their disappointing 2023-24 performance.

Flames GM Craig Conroy was rumored to be seeking a big return for Markstrom. What he got from the Devils likely reflects the real value of goaltenders in this summer’s trade market.

The Flames are getting a first-rounder but their fans would’ve preferred the 10th overall selection in this year’s draft that New Jersey currently owns. That 2025 pick is top-10 protected but could be much further down in the first round of next year’s draft if the Devils return to their 2022-23 form.

Bahl, 23, is a 6’6”, 230-pound defenseman who finished his first full NHL campaign in 2023-24, collecting 11 points in 82 games. He has the potential to become a top-four shutdown defenseman.










NHL Rumor Mill – June 19, 2024

by | Jun 19, 2024

NHL Rumor Mill – June 19, 2024

Check out the latest on Jacob Markstrom, Jake Guentzel, Jeff Skinner, and Tyler Toffoli plus an update on the Senators in today’s NHL Rumor Mill.

MARKSTROM NEVER ASKED FOR A TRADE, SAYS CONROY

SPORTSNET: Calgary Flames general manager Craig Conroy told Eric Francis that Jacob Markstrom has not asked to be traded.

“He’s never come out and said he wants out,” said Conroy. “That’s never been mentioned. He’s never said that.”

Markstrom has two years remaining on his contract with an average annual value of $6 million. He also has a full no-movement clause.

Conroy also claimed that he’s bothered by the constant trade speculation about Markstrom. “It’s part of the game, but it does bother me because there’s always something about there.” He went on to say he felt it wasn’t fair to Markstrom.

Calgary Flames goaltender Jacob Markstrom (NHL Images).

Francis believes Markstrom would like to end up with the New Jersey Devils. Without options, however, it’s clear the Flames won’t part with their starting goalie for what the Devils are willing to offer.

SPECTOR’S NOTE: Markstrom may not have requested a trade but there were plenty of reports in February that he was willing to waive his NMC to join the Devils. A deal that would’ve sent him to New Jersey before the March trade deadline reportedly fell through.

Francis believes the trade speculation about Markstrom will continue leading up to the NHL draft next weekend. He’s also been linked to the Los Angeles Kings, Ottawa Senators and Toronto Maple Leafs.

CANUCKS TO PURSUE JAKE GUENTZEL VIA FREE AGENCY?

DAILY FACEOFF: Frank Seravalli expects the Vancouver Canucks will make a strong play for Jake Guentzel when the free-agent market opens on July 1.

Seravalli cited sources that believe the Canucks could offer Guentzel the best mix of money and opportunity. There’s also a familiarity the 29-year-old winger has with Canucks management and head coach Rick Tocchet. President of hockey ops Jim Rutherford, GM Patrik Allvin and Tocchet were part of the Pittsburgh Penguins during Guentzel’s early years with that franchise.

SPECTOR’S NOTE: This story appears to have been published before the Canucks signed Filip Hronek to an eight-year contract extension with an AAV of $7.25 million. Allvin admitted Hronek’s new deal meant the Canucks wouldn’t be able to re-sign all of their remaining free agents.

The Canucks have $17.7 million in cap space and 15 active roster players under contract for 2024-25. Signing Guentzel could run between $8.5 million and $9.5 million annually on a long-term deal. They can’t comfortably afford that unless they free up additional cap space.

COULD THE SABRES BUY OUT JEFF SKINNER?

SPORTSNET: Elliotte Friedman believes the Buffalo Sabres could consider buying out the remainder of Jeff Skinner’s contract. The 32-year-old winger carries an AAV of $9 million through 2026-27 and is coming off a down year. It would be at two-thirds the remaining value over twice the remaining term.

SPECTOR’S NOTE: A buyout would be costly given how Skinner’s contract is structured. The first season would count as $1.444 million against the Sabres cap. However, it jumps to $4.444 million in 2025-26 and $6.444 million in 2026-27 before dropping to $2.444 million per season for the remaining three years.

The salary cap is expected to significantly rise. That could provide some relief for the two seasons where the cost of the buyout spikes.

The buyout window opens 48 hours after the completion of the Stanley Cup Final and closes at 5 pm ET on June 30.

COULD THE RANGERS HAVE AN INTEREST IN TYLER TOFFOLI?

THE ATHLETIC: Peter Baugh recently reported his belief that the New York Rangers looked at Tyler Toffoli before the March trade deadline. The New Jersey Devils traded the 32-year-old winger to the Winnipeg Jets.

Baugh expects Toffoli is looking for one last chance to win the Stanley Cup, suggesting he could fetch a four-year contract with an AAV of $5 million. “The Rangers could find a way to make that work, but they’d probably need to clear some cap space via trades.”

SPECTOR’S NOTE: That could explain why the Rangers placed Goodrow on waivers for the purpose of a contract buyout or a potential claim by the San Jose Sharks Stay tuned…

LATEST ON THE SENATORS

OTTAWA CITIZEN: Bruce Garrioch reports the Senators are exploring a two-year contract for Shane Pinto. The Sens would prefer signing him to a five- or six-year deal. Pinto’s agent reportedly seeks a long-term contract with an AAV of $5 million. The two sides could instead consider a lower cap hit on a shorter deal.

Garrioch also reports a league executive claims the Senators have had talks with the Seattle Kraken regarding Brandon Tanev. The 32-year-old Kraken forward could play a third or fourth-line role with the Senators. However, they’d have to move out Mathieu Joseph’s $2.95 million cap hit to make room for Tanev.

SPECTOR’S NOTE: The addition of Brandon could entice his brother Chris to sign with the Senators. Before the Flames traded him to the Dallas Stars, they were reportedly interested in acquiring him.










NHL Rumor Mill – June 18, 2024

by | Jun 18, 2024

NHL Rumor Mill – June 18, 2024

Check out the latest on Leon Draisaitl, Mitch Marner, Jacob Markstrom, and Logan Couture in today’s NHL Rumor Mill.

COULD LEON DRAISAITL SIGN A SHORT-TERM EXTENSION?

SPORTSNET: Mark Spector believes the recent report of the Edmonton Oilers discussing a contract extension with Leon Draisaitl is good news for the club’s future. It’ll come as a relief for the club’s fans as they’ve put up with years of speculation suggesting Draisaitl and teammate Connor McDavid would bail on the Oilers as unrestricted free agents.

Should Draisaitl re-sign it could also be a harbinger of McDavid’s signing given the close friendship between the two teammates.

Spector predicts Draisaitl could sign a four-year contract, leaving enough room for another deal at age 32 when the salary cap will be even higher. He expects the Edmonton star will become the NHL’s highest-paid player for one season when McDavid signs his next contract with the Oilers.

Edmonton Oilers forward Leon Draisaitl (NHL Images).

SPECTOR’S NOTE: Draisaitl would be taking a page from the contract playbook of Toronto’s Auston Matthews. The Maple Leafs center signed a four-year extension that begins in 2024-25 rather than an eight-year deal. If Draisaitl follows suit it could start a trend among NHL stars of inking short-term deals to allow themselves to cash in again with a higher salary cap down the road.

ARE THE MAPLE LEAFS LOOKING AT EXTENDING MITCH MARNER?

THE HOCKEY NEWS: Nick Barden cited TSN’s Darren Dreger suggesting the Toronto Maple Leafs could prefer re-signing Mitch Marner instead of trading him. Dreger said he thinks Leafs general manager Brad Treliving would rather extend the 27-year-old winger’s contract.

Marner is slated to become an unrestricted free agent next July. He carries a $10.9 million cap hit for 2024-25 and a full no-movement clause.

Dreger said it’s possible Treliving could get a suitable trade offer that might convince Marner to waive his NMC. However, he thinks the winger’s preference is to play out next season in Toronto and see how things go from there. There’s a risk Marner could depart via free agency next summer but it’s not a certainty.

SPECTOR’S NOTE: Treliving’s decision might be easier if Marner didn’t have that NMC. But he does, and he has complete control over this situation. Even if Marner agrees to a trade, the Leafs won’t get full market value in return. They might have to accept a package of affordable young players and draft picks and use the cap savings to address their short-term roster needs.

Marner reportedly prefers re-signing with the Leafs. It won’t sit well with the club’s critics, especially those questioning his playoff performance. It would cost between $12.5 and $13 million annually to keep him in the fold.

UPDATE ON JACOB MARKSTROM

NEW JERSEY HOCKEY NOW: James Nichols recently cited TSN’s Chris Johnston claiming trade talks involving Calgary Flames goaltender Jacob Markstrom are at “a bit of a standstill.”

Johnston believes the Devils remain interested in Markstrom. The 34-year-old netminder could be willing to waive his NMC to go to New Jersey. However, Devils GM Tom Fitzgerald might be unwilling to include his first-round pick (10th overall) in this year’s draft as part of the return for Markstrom.

Nichols believes Fitzgerald has a price he’s willing to pay for Markstrom and won’t cross it. However, the Devils GM risks losing the Flames netminder to another club. The Ottawa Senators and Los Angeles Kings are also believed in the market for a starting goaltender.

SPECTOR’S NOTE: This situation favors the Flames for now. GM Craig Conroy can ask around and see if he can stoke a bidding war for Markstrom. However, he’ll only have that advantage until the first round of the upcoming draft.

Conroy could lose his leverage if Fitzgerald and other general managers aren’t willing to move their first-rounders in this year’s draft. After that, he could end up getting lesser offers.

SHARKS NOT TRADING LOGAN COUTURE

THE MERCURY NEWS: Curtis Pashelka reports San Jose Sharks GM Mike Grier stressed that he’s not interested in trading team captain Logan Couture.

Following the introductory press conference for new Sharks coach Ryan Warsofsky, Grier addressed trade rumors that have been swirling about Couture. “That is absolutely false,” he said. “If you look at us bringing in young players and having a young team, he is exactly the type of person you want to have around the young players.”

Grier praised Couture’s leadership and his worth to the Sharks, noting that he came off a difficult, injury-hampered season. “He’s still a heck of a hockey player, so you guys can put any of those thoughts about me looking to trade our captain, you can put it to bed.”

SPECTOR’S NOTE: Pashelka pointed out that Couture’s contract makes him almost impossible to trade even if Grier wanted to. The 35-year-old center has three years left on his deal with an annual cap hit of $8 million. The Sharks have no salary retention spots for 2024-25.

Couture is also coming off a season where a painful inflammation of the joint between his left and right pubic bones limited him to just six games.










NHL Rumor Mill – June 17, 2024

by | Jun 17, 2024

NHL Rumor Mill – June 17, 2024

More suggested contract buyout candidates plus the latest on Pavel Buchnevich in today’s NHL Rumor Mill.

MORE POTENTIAL BUYOUT CANDIDATES

THE ATHLETIC: Thomas Drance and Harman Dayal listed 12 players to monitor when the NHL’s contract buyout window opens following the Stanley Cup Final.

SPECTOR’S NOTE: Most players on this list also appeared on Daily Faceoff’s recent buyout candidate list. You can read my take on those here.

The list includes Tampa Bay Lightning forward Conor Sheary, Seattle Kraken goaltender Philipp Grubauer, New York Rangers defenseman Jacob Trouba, Detroit Red Wings blueliner Justin Holl, and Winnipeg Jets rearguard Nate Schmidt.

New York Rangers defenseman Jacob Trouba (NHL Images).

SPECTOR’S NOTE: The Lightning are squeezed for cap space for 2024-25, hampering efforts to re-sign captain Steven Stamkos. Buyout out Sheary will only free up $1.4 million in cap space for next season, but every bit helps now.

Buying out Grubauer would save the Kraken over $4.9 million for 2024-25. However, they might not be ready to hand the starter’s job to Joey D’Accord just yet. If D’Accord can carry that burden next season, they can explore trading or buying out Grubauer next year.

The Rangers won’t buy out Trouba. Granted, he’s overpaid at $8 million per season through 2025-26. However, his postseason struggles were likely tied to playing on an injured ankle since March. For a team with Stanley Cup aspirations that needs more toughness, getting rid of their most physical player doesn’t make sense. If they wish to part ways with Trouba, they’d be better off shedding his salary through the trade market.

Buying out Holl now makes sense if the Red Wings can’t find any takers for Holl in the trade market. The authors observed he was a health scratch for 38 games this season. They also pointed out that the Wings have a glut of bottom-three defensemen with Ben Chiarot, Olli Maatta and Jeff Petry signed for next season. The Wings have nearly $30 million in cap space for next season but buying out Holl adds another $2.2 million annually to the kitty for the next two seasons.

The same goes for Schmidt. He has a year left on his deal with an AAV of $5.95 million, which is a lot for a third-pairing defenseman. The Jets have $13 million in cap space. Buying out Schmidt frees up $3.2 million for 2024-25.

LATEST ON PAVEL BUCHNEVICH

DAILY FACEOFF: Frank Seravalli included Pavel Buchnevich in his recent Trade Targets list. He wondered if the St. Louis Blues are prepared to pay the 29-year-old winger a big raise on a long-term contract.

Buchnevich has produced 206 points in 216 games with the Blues. The winger has a year left on his contract with an average annual value of $5.8 million. Seravalli expects that he’ll be in line for a raise in the $8 million-plus range.

SPECTOR’S NOTE: Seravalli noted that Buchnevich was a hot commodity before the March trade deadline but the Blues’ asking price was three first-round equivalents. That price could drop as the winger would now be a one-year rental unless inquiring teams intend to re-sign him.

There was talk earlier this year that the Blues were interested in re-signing Buchnevich and he wanted to stay. We’ll find out soon enough whether those discussions get serious.










Sunday NHL Rumor Roundup – June 16, 2024

by | Jun 16, 2024

Sunday NHL Rumor Roundup – June 16, 2024

A look at Daily Faceoff’s list of potential contract buyout candidates in the Sunday NHL Rumor Roundup.

DAILY FACEOFF: Frank Seravalli has Los Angeles Kings center Pierre-Luc Dubois atop his list of potential contract buyout candidates this summer.

Seravalli acknowledged Kings general manager Rob Blake indicating the club doesn’t plan on buying out the 25-year-old Dubois. However, he thinks it makes too much sense to do so if it can be done before the forward turns 26 on June 24. Until that date, they could buy him out at one-third of the remaining value over twice the remaining tenure of the contract. If he’s bought out at age 26 or older, it’s at two-thirds the remaining value.

Los Angeles Kings center Pierre-Luc Dubois (NHL Images)

SPECTOR’S NOTE: The buyout period begins on June 15 or 48 hours following the completion of the Stanley Cup Final, whichever is later. The latest the current series runs is June 24.

Blake was firm when he said that Dubois wouldn’t be bought out. We’ve since seen or heard little indication he or his superiors will change their minds.

Seravalli’s other buyout candidates include Edmonton Oilers goaltender Jack Campbell, New York Rangers forward Barclay Goodrow, Ottawa Senators goalie Joonas Korpisalo, New York Islanders center Jean-Gabriel Pageau, St. Louis Blues defenseman Torey Krug, Philadelphia Flyers netminder Cal Petersen, Flyers winger Cam Atkinson, and Dallas Stars defenseman Ryan Suter.

SPECTOR’S NOTE: Petersen and Atkinson are the most likely to be bought out. On June 7, Flyers general manager Daniel Briere said his club was examining its options, including buyouts for those two players.

Campbell was a free-agent bust for the Oilers. They’ve put their faith in Stuart Skinner as their starter this season, banishing Campbell to their AHL affiliate in Bakersfield. A buyout wouldn’t be out of the question, especially if they want to free up cash to re-sign restricted free agent Evan Bouchard this summer.

Goodrow is another possibility as the cap-strapped Rangers consider their options this summer. However, there could be a trade market for him given his playoff experience. Suter could also become a cost-cutting casualty.

The Islanders could prefer to trade Pageau rather than go the buyout route to free up salary. He popped up in trade rumors earlier this season.

The Senators are rumored to be shopping for an upgrade between the pipes. That could require clearing Korpisalo from their books.

Most reports out of Ottawa thus far suggest they could return with the tandem of Korpisalo and Anton Forsberg and hope they improve next season. Still, if there’s a chance to add someone like Calgary’s Jacob Markstrom or Boston’s Linus Ullmark, buying out Korpisalo could become a realistic option.

Krug used his no-trade clause last summer to reject a trade with the Flyers. He could become a buyout candidate if the Blues become desperate to create cap space for next season.










NHL Rumor Mill – June 15, 2024

by | Jun 15, 2024

NHL Rumor Mill – June 15, 2024

Will the Oilers sign McDavid, Draisaitl and Bouchard to expensive new contracts? What’s the latest on the Rangers and Canadiens? Find out in today’s NHL Rumor Mill.

OILERS TO SPEND $40 MILLION ON MCDAVID, DRAISAITL AND BOUCHARD?

EDMONTON JOURNAL: David Staples cited Daily Faceoff’s Frank Seravalli predicting the Oilers will invest $40 million in new contracts for Connor McDavid, Leon Draisaitl, and Evan Bouchard. Seravalli made those remarks during an appearance with Bob Stauffer on “Oilers Now”.

Edmonton Oilers forward Leon Draisaitl (NHL Images).

Seravalli believes Oilers management has already started contract extension talks with Draisaitl. The 28-year-old forward can become an unrestricted free agent when his contract expires next July.

Bouchard, 24, is a restricted free-agent defenseman this summer with arbitration rights. McDavid’s contract expires in 2026. The earliest the Oilers can re-sign him is next July.

Stauffer asked Servalli if he saw McDavid getting an average annual value of $16 million, Draisaitl $14 million and Bouchard $10 million. “Yup. That’s my projection,” replied Servalli, pointing out that the NHL salary cap will be at $100 million in two years’ time.

SPECTOR’S NOTE: It will take big-money contracts to re-sign McDavid, Draisaitl, and Bouchard. Not because of the location but because the amounts Seravalli cited are what those three will likely get on the open market.

The $100 million cap projection for 2026-27 may seem a little bold but there’s no question the NHL’s hockey-related revenue has significantly grown, raising the salary cap with it. It’ll be in the neighborhood if it doesn’t reach $100 million by then. The higher it goes, the easier it is for teams to re-sign their stars, provided they’re willing to spend to the cap ceiling and have the space to do so.

UPDATE ON THE RANGERS

NEW YORK POST: Mollie Walker believes the Rangers must answer some pressing questions during the offseason.

Questions linger about whether the Rangers can win with their current core. “The track record says no, but the team says yes,” writes Walker.

She doesn’t see them blowing things up but she wondered if a big move or two is necessary.

SPECTOR’S NOTE: It’s been suggested the Rangers consider trading team captain Jacob Trouba or a star forward like Chris Kreider or Mika Zibanejad. Their respective contracts come with financial and no-trade restrictions, complicating attempts to move them.

The return each could fetch is the bigger issue. If you’re not getting something back for one of them that will make them better now and in the long run, they’re better off sticking with those players and trying instead to improve the supporting cast.

Another question is determining how much Igor Shesterkin’s contract extension will cost. “The floor for negotiations appears to be $10.5 million, while the starting point is looking like $12 million.”

SPECTOR’S NOTE: Shesterkin will become the NHL’s highest-paid goaltender starting in July 2025. He’ll likely get between $12 million and $13 million annually on an eight-year deal.

The Rangers recently re-signed winger Kaapo Kakko to a one-year, $2.4 million contract. However, Walker wonders if they’ll be patient with the 23-year-old former first-round pick or peddle him for a regular, impactful skater to replace him.

SPECTOR’S NOTE: Having Kakko under an affordable contract for next season should improve his trade value. Still, the Rangers might not receive suitable offers that can help them right away. It wouldn’t be surprising if Kakko’s in their lineup next season. 

THE LATEST CANADIENS SPECULATION

MONTREAL HOCKEY NOW: Marc Dumont recently suggested the Canadiens look into moving Carey Price’s contract to free up cap space going forward without relying on long-term injury reserve.

Price is on permanent LTIR due to a knee injury and hasn’t played since 2022. He has two years remaining on his contract with an AAV of $10.5 million.

Teams that use LTIR often cannot accrue cap space during the season leading up to the trade deadline. That affects efforts to add players to their lineup through waivers, trades, or free agency.

SPECTOR’S NOTE: Price has a no-movement clause but he’s unlikely to block a trade given that his playing career is over. He’ll still be getting paid regardless of which team owns his contract. Despite the salary cap rising by $4.5 million for next season, finding a club willing to take on his hefty cap hit will be challenging.

TVA SPORTS: Vincent Duquette listed seven young forwards who could become prime trade targets for the Canadiens.

They include Columbus Blue Jackets forward Kent Johnson, Florida Panthers center Anton Lundell, Vegas Golden Knights winger Pavel Dorofeyev, New Jersey Devils winger Alexander Holtz, Winnipeg Jets forward Cole Perfetti, Detroit Red Wings right wing Jonatan Berggren, and Nashville Predators winger Phil Tomasino.

SPECTOR’S NOTE: Trade rumors have swirling around most of those young forwards at one time or another this season. Whether the Habs can land one of them in the coming weeks remains to be seen.

The Panthers are unlikely to part with “Baby Barkov” Lundell. Perfetti was mentioned a lot in Jets rumors but I think they’ll remain patient with him. The Golden Knights probably won’t part with Dorofeyev unless it’s in a package deal for a big-name player.

Johnson, Berggren, and Tomasino split time this season with their parent clubs and their AHL affiliates. Holtz seemed to struggle under former Devils head coach Lindy Ruff. He’s been mentioned as a possible trade chip if the Devils pursue goalie Jacob Markstrom.