NHL Rumor Mill – July 17, 2023
NHL Rumor Mill – July 17, 2023
The latest on Erik Karlsson, three teams that should attempt to sign Evan Bouchard to an offer sheet, and three assets the Oilers could use to acquire Brett Pesce in today’s NHL Rumor Mill.
WILL THE SHARKS BUCKLE ON KARLSSON?
PITTSBURGH HOCKEY NOW: Dan Kingerski believes the stalemate in the Penguins’ efforts to acquire Erik Karlsson from the San Jose Sharks is less of an impasse and more of a bluff on the Sharks’ part. If Sharks general manager Mike Grier isn’t bluffing as he attempts to drive up the asking price on the 33-year-old defenseman, Kingerski believes he’ll buckle because the Sharks don’t have a strong position.
Acquiring Karlsson carries risks such as his injury history, his age, upsetting team chemistry and decreased production. Kingerski believes the Penguins don’t need Karlsson and neither do the Carolina Hurricanes, the other club reportedly a front-runner for the blueliner.
SPECTOR’S NOTE: In other words, the Penguins and Hurricanes would like to acquire him but they aren’t going to sell the farm to get him. They can move on for 2023-24 without Karlsson on their respective rosters. The Sharks, on the other hand, have a greater need to move him and his hefty contract so they can start investing the freed-up cap space in rebuilding the roster.
With Karlsson under contract for four more years, the Sharks could attempt to wait a year or two in the hope of getting a better deal. However, Kingerski pointed out the Arizona Coyotes took the same position with Jakob Chychrun and wound up shipping him to Ottawa for less than the oft-quoted asking price of two first-round picks and a prospect or NHL player.
The Sharks are attempting to sell high with Karlsson, whose value will never be higher than it is right now. It will drop if he gets hurt or his production sags.
SPECTOR’S NOTE: These are good points by Kingerski. The bottom line is the Sharks are never going to get “equal value” for Karlsson despite his 101-point performance this season that earned him his third Norris Trophy as the NHL’s top defenseman. Grier is trying to generate a bidding war among the interested parties in the hope that they can get a return that is close to their best-case scenario.
Karlsson’s value remains high until his skates touch the ice for the Sharks’ opening game in 2023-24. That’s assuming he doesn’t suffer an injury in training camp or preseason play. The Sharks also don’t need questions about Karlsson’s future becoming an unwanted distraction during the coming season.
Grier knows this. He can stretch this situation throughout the summer but at some point, perhaps before training camp opens in September, I expect he’ll pull the trigger and accept the best offer.
THREE TEAMS THAT SHOULD SIGN EVAN BOUCHARD TO AN OFFER SHEET.
THE SCORE: Josh Wegman considers Edmonton Oilers defenseman Evan Bouchard a prime target for an offer sheet. He’s due for a raise coming out of his entry-level contract but the Oilers have just $5.62 million in cap space for 2023-24 and center Ryan McLeod still to be re-signed.
Wegman believes the Oilers would be in a bind if a rival club offered Bouchard a five-year contract with an annual cap hit of $8.58 million. He suggested the Buffalo Sabres, Carolina Hurricanes and Seattle Kraken make the attempt.
SPECTOR’S NOTE: I don’t see the Sabres, Hurricanes and Kraken going this route. Wegman acknowledged that this tactic is rarely used. He pointed out that general managers could be reluctant to part with the compensatory draft picks or overpaying on a short-term contract or wishing to avoid a retaliatory offer from another club down the road.
For an offer sheet to happen, the player must be open to signing with another club. There’s no indication that Bouchard is willing to consider that option. If he is, no one seems to be knocking down his door to do so. One has to think it would’ve happened by now.
The Sabres now have nine defensemen under NHL contract with their recent additions of Erik Johnson and Connor Clifton. They’re also negotiating lucrative long-term extensions for Rasmus Dahlin and Owen Power. I doubt they’re interested in adding another blueliner, especially one on an expensive deal via an offer sheet that could complicate efforts to re-sign Sandin and Power.
Meanwhile, the Hurricanes are reportedly quite interested in acquiring Erik Karlsson from San Jose. Should that fall through, they could go the offer-sheet route with Bouchard. However, I don’t think that’s something they want to entertain, especially after their tit-for-tat offer-sheet signing of Jesperi Kotkaniemi two years ago.
Kraken general manager Ron Francis has the cap space to make it happen but, as Wegman points out, a big chunk of it will be taken up re-sign blueliner Vince Dunn. Yes, they could free up room to pursue Bouchard if they wanted to, but why bother with that headache when less troublesome options could appear at some point?
WHAT WOULD IT COST THE OILERS TO ACQUIRE PESCE?
THE HOCKEY NEWS: Michael DeRosa recently noted the rumor mill has linked the Edmonton Oilers to Brett Pesce. The Carolina Hurricanes are said to be open to moving the 28-year-old defenseman because of his expiring contract.
DeRosa looked at what it would cost the Oilers to acquire Pesce. He believes they would have to offer up their 2024 first-round pick, defenseman Cody Ceci and prospect Carter Savoie.
SPECTOR’S NOTE: The Hurricanes don’t seem in any hurry to move Pesce, though that could change if they need to clear cap space to acquire Erik Karlsson. Otherwise, they could likely find better offers for Pesce from other clubs.
Pesce also has a 15-team trade list. If the Oilers aren’t part of that group it won’t matter what they offer up.