Nugent-Hopkins Signs Eight-Year Extension With Oilers

Nugent-Hopkins Signs Eight-Year Extension With Oilers

The Edmonton Oilers signed forward Ryan Nugent-Hopkins to an eight-year, $41 million contract extension. The deal also includes a no-movement clause.

SPECTOR’S NOTE: Scratch one of the notable names from this summer’s list of potential unrestricted free agents.

Ryan Nugent-Hopkins signs an eight-year extension with the Edmonton Oilers (NHL Images).

Nugent-Hopkins, 28, is completing a seven-year, $42 million contract. He was selected first overall by the Oilers in the 2011 NHL Draft, going on to tally 478 points in 656 games.

He’s taking a pay cut from a $6 million annual average value to $5.125 million to stay in Edmonton but this deal ensures him a longer contract. It’s a wise move on his part given the uncertainty created by a salary cap expected to remain near the current $81.5 million for the next several seasons.

Nugent-Hopkins is a versatile forward, playing center or wing and seeing plenty of duty on the Oilers’ power-play and penalty kill. He had two 60-plus points seasons in 2018-19 and 2019-20 but his numbers dropped this season to 35 points in 52 contests. That decline could be attributable to the shortened schedule.

The annual average value is fine for a player of Nugent-Hopkins’ current abilities, However, the length of the deal could become an issue over the final four years when he’ll be in his mid-thirties. That’s usually when a player’s performance deteriorates. This contract could become a costly headache if this season’s drop in his production signaled the start of his decline.

Nugent-Hopkins’ no-movement clause does not apply to the upcoming expansion draft. The Oilers still have to put him on their protected list.

This signing will leave the Oilers with over $65 million invested in 19 players. Their other notable free agents include pending UFA goaltender Mike Smith defensemen Adam Larsson and Tyson Barrie.










NHL Rumor Mill – June 15, 2021

NHL Rumor Mill – June 15, 2021

A look at possible destinations for Dougie Hamilton plus the latest Oilers speculation in today’s NHL rumor mill.

WHERE COULD HAMILTON LAND?

THE HOCKEY NEWS: Matt Larkin examined some potential destinations for Dougie Hamilton if the 27-year-old defenseman departs the Carolina Hurricanes via free agency.

The Carolina Hurricanes will allow Dougie Hamilton to speak with other teams (NHL Images).

Larkin cited Sportsnet’s Elliotte Friedman reporting yesterday the Hurricanes will allow Hamilton to speak with other teams before the free-agent market opens on July 28. Friedman suggested that could set the stage for a sign-and-trade but didn’t rule out the blueliner returning to the Hurricanes if he doesn’t receive better offers elsewhere.

The Chicago Blackhawks, Philadelphia Flyers and Winnipeg Jets could be aggressive suitors given their need for a top-four right-side defenseman. Other possibilities include the Edmonton Oilers and Toronto Maple Leafs. The latter would have to be willing to swap left-side defender Morgan Rielly for a righty like Hamilton.

Larkin included the Detroit Red Wings and Los Angeles Kings under the category of too soon in their rebuild for the soon-to-be 28-year-old Hamilton. He also proposed the possibility of a hockey trade with the Columbus Blue Jackets for Seth Jones or the New Jersey Devils for P.K. Subban if half of his salary was retained.

SPECTOR’S NOTE: I concur with Larkin’s take on the Blackhawks, Flyers and Jets among the aggressive suitors. If it’s a sign-and-trade scenario, there would be some salary heading to the Hurricanes in the deal. The Flyers might have to shed more with Cap Friendly showing them carrying $69.2 million invested in 17 players. They could get that if the Seattle Kraken select James van Riemsdyk in the expansion draft.

The Edmonton Journal’s David Staples is skeptical of the Oilers’ pursuing Hamilton because they have bigger needs than an offensive right-side blueliner, especially if Evan Bouchard is ready for full-time promotion. The Leafs could shake things up and a Rielly-for-Hamilton trade would certainly do that. However, Hamilton’s new contract for next season will be more expensive than Rielly’s $5 million. The Leafs can’t pull this off if they’re unwilling to move one of their high-salaried forwards.

I’ll be surprised if Hamilton ends up with the Wings or Kings. As Larkin points out, he might not be keen to join a rebuilding club at this stage in his career. The same applies to the Blue Jackets and Devils.

LATEST ON THE OILERS

EDMONTON JOURNAL: Kurt Leavins reported contract talks between the Oilers and Ryan Nugent-Hopkins agent, Rick Valette. He speculates general manager Ken Holland could be open to more term in exchange for a more affordable annual average value. Leavins suggests something beyond six years would be risky for the Oilers as that would take him up to age 35 or 36 when his skills would be in decline.

SPECTOR’S NOTE: The Toronto Sun’s Steve Simmons suggested the Oilers let Nugent-Hopkins walk and pursue a more affordable center like Montreal’s Phillip Danault. Holland might have to go that route if he can’t get Nugent-Hopkins signed to a contract that fits within his budget. Nevertheless, the fact talks are resumed suggests the Oilers GM would prefer keeping him in the fold.

Leavins also speculates the Oilers could be interested in Toronto’s Zach Hyman if he goes to market but they’ll face competition from many suitors. Other options could include Tampa Bay’s Alex Killorn if the Lightning needs to shed salary, Boston’s Jake DeBrusk or perhaps Taylor Hall if he doesn’t re-sign with the Bruins.

SPECTOR’S NOTE: The most realistic of that bunch for the Oilers would be DeBrusk given his affordable $3.675 million contract. Killorn has a 16-team no-trade list and the Oilers could be on it.

I may be wrong but I can see Hyman accepting less than market value to stay in his hometown of Toronto. He’s got a good gig with the Leafs so why screw that up? Sure, Hall could return to Edmonton but that doesn’t mean a reunion with the Oilers will happen. I see him staying with the Bruins.










NHL Rumor Mill – June 10, 2021

NHL Rumor Mill – June 10, 2021

The Bruins face some free-agent decisions, some recent speculation linking the Flyers to Seth Jones, and the latest on the Sharks in today’s NHL rumor mill.

WHAT NEXT FOR THE BRUINS?

ESPN.COM: Emily Kaplan reports the Boston Bruins must decide on the futures of goaltender Tuukka Rask and center David Krejci. Rask is a polarizing figure among Bruins fans but remains among the NHL’s best goaltenders. It’s unclear what the 34-year-old Rask intends to do but the emergence of Jeremy Swayman makes the club feel better about its’ future plans.

Has Tuukka Rask played his final game with the Boston Bruins? (NHL Images)

Krejci remains a reliable center at age 35 but not at his current $7.25 million cap hit. The chemistry he developed with Taylor Hall and Craig Smith could lead management to try and bring him back at a reduced rate.

Kaplan also believes the Bruins should attempt to re-sign trade-deadline acquisitions Taylor Hall and Mike Reilly. Hall’s been campaigning to remain a Bruins since his arrival in Boston.

SPECTOR’S NOTE: The Bruins could bring back Rask if he’ll accept a short-term deal for perhaps a little less than his current $7 million cap hit. He’ll also have to share more of the goalie duties with Swayman. If not, they’ll go with Swayman and perhaps add an experienced backup as his mentor.

I can see Krejci returning at a reduced rate on a two-year deal, or perhaps a one-year, bonus-laden contract. He doesn’t seem keen to leave the only NHL team he’s played for. The club’s performance this season suggests they could have enough left for another shot at a Cup run next season, depending of course on their offseason moves. Krejci will probably want to be part of that.

The Bruins were pleased with the play of Hall and Reilly. The latter, however, will be easier to re-sign than the former. Kaplan said Hall would prefer long-term stability. If he wants that from the Bruins, he’ll likely have to accept less than market value.

Hall salvaged his reputation with a strong performance in Boston after his disastrous turn earlier this season with the Buffalo Sabres. That will make him an intriguing option for playoff contenders if he heads to free agency this summer.

COULD THE FLYERS LAND SETH JONES?

NBC SPORTS PHILADELPHIA: Jordan Hall recently cited Sportsnet’s Elliotte Friedman suggesting the Philadelphia Flyers as a viable trade destination for Seth Jones. The 26-year-old defenseman last month informed the Columbus Blue Jackets of his intention to test next summer’s UFA market.

Appearing last week on SiriusXM NHL Network Radio, Friedman said he felt the Flyers could make that trade. He wondered how Jones would feel about that but wouldn’t be shocked if the blueliner ends up in Philadelphia.

THE PHILADELPHIA INQUIRER: Sam Carchidi was asked by a reader if the Flyers could acquire Jones, or Carolina Hurricanes defenseman Dougie Hamilton, or Calgary Flames winger Johnny Gaudreau.

Carchidi believes Gaudreau would help the Flyers’ offensive attack. However, he believes their top priority should be acquiring a right-shot defenseman such as Jones or Hamilton.

While Hamilton would be a perfect fit, Carchidi believes he’ll re-sign with the Hurricanes. Jones would be a great consolation prize, but the Flyers will need assurances he’ll re-sign with them before acquiring him.

SPECTOR’S NOTE: Every team interested in Jones will want to know if he’ll sign a contract extension with them. If he won’t, Flyers general manager Chuck Fletcher could look elsewhere to address his right-side defense needs.

If Jones is willing to talk contract extension, Fletcher must decide how much he’s willing to spend in return and salary. Others clubs, such as the Los Angeles Kings and Chicago Blackhawks, have the cap space and tradeable assets to outbid the Flyers. We also can’t rule out teams like the Colorado Avalanche or Dallas Stars finding a creative way to acquire him.

LATEST ON THE SHARKS

NBC SPORTS BAY AREA: Marcus White suggested five players from teams eliminated from the opening round of the playoffs as target targets for the San Jose Sharks. They are Toronto’s Mitch Marner or William Nylander, Washington’s Lars Eller, Minnesota’s Cam Talbot, and Edmonton’s Ryan Nugent-Hopkins.

White suggested offering up a package including a winger such as Timo Meier ($6 million cap hit) and Kevin Labanc ($4.725 million) for Marner or Nylander. The Capitals’ limited cap space could make them receptive to an offer of draft picks for Eller.

Talbot could be an option if the Wild risk losing him to the Seattle Kraken in the expansion draft or of giving up assets to the Kraken to retain him. With $11 million in salary-cap space, the Sharks could be positioned to offer Nugent-Hopkins more money on a short-term deal via free agency.

SPECTOR’S NOTE: Sharks GM Doug Wilson has a well-earned reputation for making bold moves and could do so this summer. I don’t see him prying Marner or Nylander away from the Leafs or winning a bidding war in free agency for Nugent-Hopkins. Pursuing Talbot or Eller are more reasonable options, though we don’t know if either guy will be on Wilson’s radar this summer.










NHL Rumor Mill – June 5, 2021

NHL Rumor Mill – June 5, 2021

Could the Oilers target a Lightning winger in this summer’s trade market? Is this season the last for Matt Dumba and Zach Parise with the Wild? Check out the latest in today’s NHL rumor mill.

COULD THE OILERS TARGET A LIGHTNING WINGER?

EDMONTON JOURNAL: David Staples believes the Oilers’ priority should be landing a veteran winger who’ll mesh well with center Connor McDavid. That’ll take on greater importance if Ryan Nugent-Hopkins departs via free agency next month.

The Tampa Bay Lightning would be an obvious place to start because of their limited cap space and forwards Blake Coleman and Barclay Goodrow are among their pending unrestricted free agents.

Could the Edmonton Oilers have interest in a Tampa Bay Lightning winger such as Alex Killorn? (NHL Images)

They could attempt to shed salary by trading a veteran forward at a bargain price. Alex Killorn, Ondrej Palat or Yanni Gourde could become a trade candidate. Staples doubts Killorn will be available given his strong performance in this year’s playoffs.

SPECTOR’S NOTE: With over $22 million in cap space (as per Cap Friendly), Oilers general manager Ken Holland should have sufficient cap room to acquire a top-six winger via trade or free agency even if he re-signs Nugent-Hopkins, Mike Smith and Adam Larsson. He could have more if he buys out James Neal and/or Mikko Koskinen and finds a trade partner to take Zack Kassian off his hands. Holland could be willing to talk trade with the Lightning depending on who they’re trying to offload this summer.

Something’s gotta give in Tampa Bay this summer. They could, as Staples suggested, buy out Tyler Johnson or hope the Seattle Kraken select him in the expansion draft. Even then, they could still trade another forward to get some additional wiggle room under the cap. That could force them to part with Palat, Gourde or Killorn.

Gourde’s full no-trade makes him the least likely of that trio to be moved. Killorn has a 16-team no-trade clause. Palat’s full no-trade becomes a modified no-trade next season in which he submits a 20-team list of preferred destinations.

Staples recently noted Oilers insider Bob Stauffer speculating the Pittsburgh Penguins or New York Rangers could have interest in Kassian. Some Oilers followers could be against trading Kassian because of his physical presence. However, he’s carrying a $3.2 million annual cap hit through 2023-24. Given the decline in his offensive production, the Oilers would be better off trading him and finding a more affordable option.

LATEST ON DUMBA AND PARISE

STARTRIBUNE.COM: Sarah McLellan recently reported questions about Matt Dumba’s future with the Minnesota Wild have increased of late with the expansion draft on the horizon. With most teams tending to protect three defensemen and three Wild blueliners (Ryan Suter, Jared Spurgeon and Jonas Brodin) carrying no-movement clauses, Dumba could be left exposed in the expansion draft or traded beforehand.

Dumba, however, said he hopes to remain with the Wild. He said he grew accustomed to his name surfacing in the rumor mill near the trade deadline.

TWINCITIES.COM: Dane Muzitani recently reported Zach Parise told reporters he wants to return with the Wild next season. Because of his hefty contract, finding a trade partner seems unlikely while the front office doesn’t seem interested in going the buyout route.

Parise’s future came into question as he was dropped to the fourth line this season and was a healthy scratch late in the season and during the first three games of their seven-game series against the Vegas Golden Knights. However, Parise played well when inserted into the lineup for the final four games of that series.

SPECTOR’S NOTE: The Wild could make Dumba unavailable in the expansion draft by opting to protect eight skaters. However, that puts them at risk of losing one of their good young forwards. Wild GM Bill Guerin will probably try to swing a side deal with the Seattle Kraken to ensure they don’t take Dumba if they leave him exposed. They could also try to convince Suter to waive his no-movement clause. The Kraken could be scared off by his expensive contract.

The Wild and Parise are stuck with each other until his contract expires in 2025. He’ll have to accept a lesser role with the club. As Muzitani observed, that’s something that will have to be worked out between Parise and head coach Dean Evason in the coming months.










NHL Rumor Mill – May 29, 2021

NHL Rumor Mill – May 29, 2021

Are the Oilers making progress in Nugent-Hopkins’ contract talks? Will they trade or buy out Mikko Koskinen or James Neal? Could Oscar Klefbom be exposed in the expansion draft? Check out the latest in today’s NHL rumor mill.

EDMONTON JOURNAL: Jim Matheson believes Oilers general manager Jim Matheson faces a long to-do list this summer. Topping that list is signing Ryan Nugent-Hopkins to a new contract before he becomes an unrestricted free agent on July 28.

Edmonton Oilers forward Ryan Nugent-Hopkins (NHL Images).

Nugent-Hopkins wants to stay but Matheson wondered if Holland will go higher than $6 million per season or $5.5 million and over five years. He also feels the Oilers see him now as a top-six left-winger rather than a center and want to pay him as such.

SPECTOR’S NOTE: Matheson’s colleague David Staples cited Sportsnet’s Elliotte Friedman claiming Nugent-Hopkins contract talks haven’t gone well and his status remains uncertain. They were apparently close to a deal before the season began but things fell apart at the last minute.

Plenty of time for the two sides to work things out. I’d get concerned, however, if they haven’t gotten any closer when the calendar flips to July. Nugent-Hopkins will draw plenty of interest around the league if he goes to market on July 28. Someone will pay him what he wants.

The Oilers intend to bring back 39-year-old goaltender Mike Smith. As for Mikko Koskinen, Matheson believes his return is less than 50-50. They might not buy out Koskinen but Matheson wondered if they’d absorb part of the goalie’s $4.5 million cap hit to facilitate a trade or include a player or draft pick to get a deal done.

SPECTOR’S NOTE: Staples noted Friedman said buying out Koskinen was a possibility. He also cited NHL insider Brian Lawton telling Oilers Now show host Bob Stauffer the Oilers shouldn’t bring Koskinen back. However, Staples suggests finding a suitable replacement this summer won’t be easy.

Koskinen, 32, struggled at times this season and wasn’t a reliable backup for Smith. He has just one year left on his contract. I think Holland will try to trade him, even if it means eating some of his salary. Failing that, he’ll probably go the buyout route at a cap hit of $1.5 million for 2021-22 and 2022-23 as per Cap Friendly.

Turning to the blueline, Matheson wondered if Holland will leave Oscar Klefbom unprotected in the expansion draft. He’d be taking a chance on the Kraken being scared off by the defenseman’s season-long absence with a shoulder injury.

Pending UFA blueliner Tyson Barrie is looking at a long-term deal and will see what’s out there. Matheson expected Holland will re-sign Adam Larsson, perhaps around the same $4.1 million range of his current deal. The question is whether it’s three or four years.

SPECTOR’S NOTE: Holland must also ensure he’ll have sufficient long-term cap space to sign Darnell Nurse to a contract extension. He’s slated to become a UFA next summer but contact talks can begin this summer. If Klefbom is selected by the Kraken in the expansion draft it’ll free up $4.1 million from their cap payroll, giving Holland extra room to sign Nurse or make other moves.

Matheson considers it likely Holland will buy out veteran winger James Neal. Doing so would free up $3.83 million in each of the next two seasons to target an unrestricted free agent winger such as Tampa Bay’s Blake Coleman or Toronto’s Zach Hyman. If Neal is bought out, Matheson sees him returning to Pittsburgh where he had his best seasons.

SPECTOR’S NOTE: Sportsnet’s Mark Spector believes Holland should buy out Neal, considering him dead cap space already at $5.75 million annually and barely playing. It would count as $1.92 million over the next four years against the Oilers cap.

He also suggests Holland should explore trading Neal, absorbing half his salary for the final two years of his contract to make it work. However, he feels there would have to be something else included in the deal.

A trade is possible. A buyout is more likely. And no, he won’t be returning to Pittsburgh even if Sidney Crosby and Evgeni Malkin like him. He’s a fading star who won’t address the Penguins’ need for a better starting goalie and more skilled toughness in their lineup.

Matheson also suggested St. Louis Blues winger Jaden Schwartz, Vegas Golden Knights versatile forward Mattias Janmark and Colorado Avalanche defenseman Patrik Nemeth as possible free-agent targets.

SPECTOR’S NOTE: Holland would have better luck landing Janmark and/or Nemeth than Schwartz. The Blues hope to re-sign him. Failing that, he’ll draw considerable interest in the free-agent market. The Oilers might not win a bidding war for his services.










NHL Rumor Mill – May 28, 2021

NHL Rumor Mill – May 28, 2021

Are offseason changes coming for the Predators? Has Evgeny Kuznetsov played his final game with the Capitals? Are the Senators interested in Flyers captain Claude Giroux? Check out the latest in today’s NHL rumor mill.

WHAT NEXT FOR THE PREDATORS?

ESPN.COM: Emily Kaplan believes it’s time for the Nashville Predators to start incorporating more young players into their lineup. She also anticipates they’ll prioritize re-signing defenseman Mattias Ekholm if he seeks a long-term extension before his contract expires next summer.

Could the Nashville Predators attempt to trade Matt Duchene this summer? (NHL Images).

Free-agent goaltender Pekka Rinne won’t be back as Juuse Saros has taken over the starter’s job. Kaplan proposed trying to entice the Seattle Kraken into selecting Ryan Johansen or Matt Duchene in this summer’s expansion draft.

THE ATHLETIC: Joe Rexrode believes the Predators must figure out where they are and how to get to the next level. Assuming long-time general manager David Poile isn’t asked to leave or doesn’t step down, he’ll have to figure out what to do with Johansen, Duchene and pending free agent Mikael Granlund.

SPECTOR’S NOTE: Attempting to unload overpaid underachievers Johansen and Duchene won’t be easy. Both have several seasons remaining on their respective contracts with each carrying an $8 million annual average value. They lack no-trade protection but those contracts will be tough to move with the salary cap remaining flat at $81.5 million next season.

Poile will have to get creative to find a way to move one or both. Getting the Kraken to select one of them will mean offering up a sweetener in the form of a draft pick, a top prospect or a good young player. That still might not be enough to get it done. Maybe Poile finds a club will to be a third-party broker by taking on part of the cap hit in return for a pick or prospect.

HAS KUZNETSOV PLAYED HIS FINAL GAME WITH THE CAPITALS?

THE ATHLETIC: Tarik El-Bashir reported Washington Capitals GM Brian MacLellan addressed the recent trade rumors about Evgeny Kuznetsov during his end-of-season press conference on Wednesday. “We’re always open to trading people if it makes sense,” he said. “If it’s going to make our team better, we’re open to it. “

SPECTOR’S NOTE: MacLellan also said they need Kuznetsov to play at his highest ability. If that wasn’t possible, they wouldn’t be a good team and they’ll have to make some other decisions.

The Capitals GM could entertain trade offers for Kuznetsov this summer. Then again, this could be his public way of reminding the center that his tenure in Washington is in jeopardy unless he cleans up his act on and off the ice.

Kuznetsov’s play has declined over the last couple of years. He received a three-game suspension by the league in 2019 for “inappropriate conduct” less than a month following a four-year ban from international competition following a positive test for cocaine. He tested positive twice this year for COVID-19 and was benched for one game earlier this month after he and goalie Ilya Samsonov missed a team function.

Those factors could impede MacLellan’s efforts to trade Kuznetsov. So could his $7.8 million annual average value over the remaining four years of his contract and his 15-team no-trade clause.

ARE THE SENATORS INTERESTED IN GIROUX?

OTTAWA SUN: Bruce Garrioch reports there’s speculation among Senators followers over Claude Giroux’s future with the Philadelphia Flyers. He becomes an unrestricted free agent next summer. Garrioch considers it doubtful he’ll be traded because of his no-move clause and his desire to stay in Philadelphia.

SPECTOR’S NOTE: That speculation linking Giroux to the Senators wasn’t generated by media sources. The Athletic’s Ian Mendes recently observed the “Giroux-to-Ottawa” talk that appeared among Senators fans on social media in recent weeks. The Flyers captain spends his offseasons in the Ottawa area but Mendes doubted that would be a factor in his future plans. If Giroux and the Flyers part company, the 33-year-old center will likely want to join a Stanley Cup contender.

Garrioch believes there are other possibilities in the trade and free-agent markets if the Senators decide to bring in an experienced center. His list included Sean Monahan of the Calgary Flames, Nazem Kadri of the Colorado Avalanche, and Edmonton’s Ryan Nugent-Hopkins.

He also mentioned Buffalo Sabres captain Jack Eichel but doesn’t believe that move makes much sense for the Senators. He also dismissed Washington’s Evgeny Kuznetsov because of his hefty contract.