NHL Rumor Mill – August 7, 2023

by | Aug 7, 2023

NHL Rumor Mill – August 7, 2023

The Canadiens reacquired Jeff Petry from the Penguins but he might not be with them for long. Check out the latest in today’s NHL Rumor Mill.

MONTREAL GAZETTE: Stu Cowan noted the return of Jeff Petry to the Canadiens from the Pittsburgh Penguins in yesterday’s three-team trade that saw the San Jose Sharks ship Erik Karlsson to the Penguins. The Habs received Petry with a lower average annual value of $4.687 million through 2024-25 as the Penguins retained over $1.56 million of his $6.25 million AAV.

Montreal Canadiens defenseman Jeff Petry in 2021-22 (NHL Images).

The Canadiens traded Petry to the Penguins last summer, along with center Ryan Poehling, for defenseman Mike Matheson and a 2023 fourth-round pick. He had requested a trade during the 2021-22 season for family reasons after his wife, Julie, was upset over the COVID restrictions in Quebec and moved the family back to Michigan.

Cowan wonders how long Petry will be with the Canadiens. He believes general manager Kent Hughes will most likely be looking to trade him again. However, if the 35-year-old blueliner isn’t traded he’ll provide the Habs young blueline with a veteran right-shot presence.

SPORTSNET’s Eric Engels believes the Canadiens will trade Petry. “Not necessarily immediately, but likely before the season starts.” He noted that the Penguins have already paid Petry’s $3 million signing bonus for this season and the Canadiens can retain 50 percent of their share of his AAV ($2.34 million).

MONTREAL HOCKEY NOW: Marc Dumont also speculated the Canadiens could attempt to move Petry either before the season starts or at some point before the regular season trade deadline.

Dumont noted Petry still put up 31 points in 61 games with the Penguins last season despite his age and the decline in his performance. He thinks there would be some teams looking to add a top-four defenseman like Petry at a discounted price.

SPECTOR’S NOTE: There was some buzz on social media suggesting Hughes could flip Petry to another club in a matter of hours. That move hasn’t materialized yet but it’s possible the Canadiens GM ships out the veteran defenseman for a return that helps with their current rebuild. Retaining up to half of their share of his AAV would make Petry an affordable short-term option for contenders seeking an experienced right-side rearguard.

TVA SPORTS: Mylene Richard noted the Canadiens’ acquisition of Casey DeSmith from the Penguins leaves them with four goaltenders under one-way NHL contracts for 2023-24. The others included Samuel Montembeault, Jake Allen and Cayden Primeau.

Richard suggested DeSmith could be insurance for the Canadiens if Primeau fails to earn a spot on their roster and ends up on waivers before the start of the season.

TVA Sports analyst Patrick Lalime speculates the Canadiens could attempt to shop one of those goalies, suggesting it could be Allen or DeSmith who end up on the trade block.

SPORTSNET’s Eric Engels suggested it could be Allen who gets moved if Primeau should unseat him in training camp. He also speculated the Canadiens could start the season with three goalies.

SPECTOR’S NOTE: Hughes could also move DeSmith if Montembeault, Allen and Primeau outperform him during training camp. One of these four probably won’t be with the Canadiens when the regular season begins in October.










Penguins Acquire Erik Karlsson in Three-Team Trade

by | Aug 6, 2023

Penguins Acquire Erik Karlsson in Three-Team Trade

The San Jose Sharks traded Erik Karlsson to the Pittsburgh Penguins in a three-team deal involving the Montreal Canadiens.

The Penguins get Karlsson, forward Rem Pitlick, forward Dillon Hamaliuk and the Sharks third-round pick in the 2026 NHL Draft.

San Jose Sharks trade defenseman Erik Karlsson to the Pittsburgh Penguins (NHL Images).

The Sharks receive the Penguins 2024 first-round pick (top-10 protected), forward Mikael Granlund, defenseman Jan Rutta and forward Mike Hoffman.

The Canadiens acquire the Penguins 2025 second-rounder, defenseman Jeff Petry, goaltender Casey DeSmith and forward Nathan Legare.

SPECTOR’S NOTE: The Sharks are retaining $1.5 million of Karlsson’s $11.5 million annual salary cap hit through 2026-27. Meanwhile, the Penguins are retaining over $1.562 million of Petry’s $6.25 million annual cap hit through 2024-25.

Penguins general manager Kyle Dubas finally lands the big fish he was pursuing since mid-June. This is the biggest trade he’s ever made in the NHL and it could define his legacy with the Penguins.

With the first-pairing spot on the right side of the Penguins’ blueline promised to Kris Letang, Karlsson will either move into the second-pairing position or over to the left side on the first pairing. He will likely anchor the first power-play unit.

The Penguins didn’t get much cap savings from the Sharks’ retaining part of his salary. However, they were able to clear the entirety of Granlund’s $5 million average annual value from their cap payroll

This move could work out well for the Penguins if Karlsson remains a 70-80 point defenseman who meshes well with Sidney Crosby and Evgeni Malkin over the next two or three seasons. But if Karlsson’s performance declines and injuries start catching up with him, they’ll have a blueliner with eroding skills and a still-significant annual cap hit on their books.

Pitlick joins the Penguins from the Canadiens. The 26-year-old carries an average annual value of $1.1 million and will either skate on the Penguins’ checking lines this season or head to their AHL affiliate in Wilkes-Barre/Scranton. Hamaliuk, 22, spent last season with the ECHL’s Wichita Thunder and is likely headed to the minors.

This move also leaves the Penguins with $1.495 million in cap space. They could get more if Jake Guentzel ends up on long-term injury reserve to start the season.

The Sharks aren’t getting a package of promising youngsters in this deal in Granlund, Rutta and Hoffman. Granlund and Rutta are coming from the Penguins while Hoffman joins them from the Canadiens.

This trio struggled with their former clubs and their best seasons could be behind them. Nevertheless, they should provide some experienced short-term depth for the Sharks as they continue to rebuild on the fly.

The real prize here for San Jose is shedding the bulk of Karlsson’s contract as well as getting a first-round pick as part of the return. They now have two first-rounders and two second-round picks in next year’s draft.

Meanwhile, the Canadiens managed to address some of their needs in this trade. They moved out Hoffman and his $4.5 million cap hit for this season, clearing space to bring back Petry at a slightly reduced price to add some experience to their young blueline, and brought in more depth to their goaltending with DeSmith.

Petry shouldn’t have much difficulty readjusting to the Canadiens. Despite his difficulties with the Penguins last season he still managed 31 points in 61 games. DeSmith could be the Habs’ third goalie behind Sam Montembeault and Jake Allen unless Montembeault or Allen ends up getting shipped out at some point.

Legare spent the past two seasons with the Penguins’ farm club. He will likely end up with the Habs’ AHL affiliate in Laval. The addition of the Penguins’ pick gives them two second-rounders in the 2025 draft.










NHL Rumor Mill – June 30, 2023

by | Jun 30, 2023

NHL Rumor Mill – June 30, 2023

Check out the latest on Erik Karlsson, John Tavares, Noah Hanifin, Jeff Petry, Tyler Myers and more in today’s NHL Rumor Mill.

KARLSON TRADE TALKS QUIET DOWN

THE ATHLETIC: Pierre LeBrun reports the trade talks regarding Erik Karlsson appear to be calming down. He believes teams are taking some time now to ponder their next moves after learning what the San Jose Sharks will seek in return for the 33-year-old defenseman.

SPECTOR’S NOTE: How much of Karlsson’s $11.5 million cap hit the Sharks are willing to retain will also affect how much interest they get in the 2023 Norris Trophy winner.

COULD THE LEAFS ATTEMPT TO MOVE TAVARES?

TORONTO STAR: Nick Kypreos wonders if Maple Leafs general manager Brad Treliving should approach team captain John Tavares about waiving his no-movement clause. He believes Tavares could draw a bidding war involving a dozen teams if the Leafs were willing to retain part of his $11 million average annual value.

Toronto Maple Leafs captain John Tavares (NHL Images).

Kypreos acknowledged Tavares’ comments at the end of the Leafs’ playoff run regarding his intent to finish the final two years of his contract in Toronto. However, he also mentioned Treliving’s recent words describing his Core Four players: “Oh, I don’t think there’s ever any assurances in this business.”

SPECTOR’S NOTE: Anything’s possible but if Treliving was going to go that route he would’ve done so by now.

NO SUITABLE OFFERS YET FOR HANIFIN

THE ATHLETIC: Pierre LeBrun reports several teams, including the Florida Panthers and Boston Bruins, have contacted the Calgary Flames to express an interest in Noah Hanifin. However, the Flames have not yet received any offers they consider to be fair market value for the 26-year-old defenseman. General manager Craig Conroy told teams that he’s not selling low on Hanifin and is willing to wait for the right offer even if he doesn’t get it this summer.

SPECTOR’S NOTE: Hanifin becomes an unrestricted free agent next July. If Conroy doesn’t get a suitable offer this offseason, he can try again leading up to next season’s trade deadline.

PENGUINS SHOPPING PETRY

THE ATHLETIC: Josh Yohe reports the Pittsburgh Penguins are heavily shopping Jeff Petry. They’re not averse to retaining the 35-year-old defenseman but don’t think he’s a $6.25 million player. There isn’t much interest in Petry but that might change if the Penguins retained part of his cap hit.

SPECTOR’S NOTE: Petry’s signed through 2024-25 with a 15-team no-trade list and a no-movement clause that ensures he cannot be demoted to the minors without his approval.

MYERS LINKED TO THE SHARKS

SAN JOSE HOCKEY NOW: Sheng Peng cited Daily Faceoff’s Frank Seravalli reporting the Vancouver Canucks could attempt to ship defenseman Tyler Myers to the San Jose Sharks. He believes the Canucks have had that deal on the table for weeks but doesn’t know what the holdup is.

Peng speculates that it might not happen until after Sept. 1. That’s when Myers is due a $5 million signing bonus. After Sept. 1, they would only owe him $1 million of his $6 million salary, though that entire AAV would still count against the cap.

SPECTOR’S NOTE: Peng also noted that Seravalli linked the Penguins’ Jeff Petry to the Sharks. Perhaps Petry or Myers becomes a short-term replacement for Erik Karlsson if he’s traded this summer.

LATEST CANADIENS SPECULATION

SPORTSNET: Eric Engels looked at which players the Montreal Canadiens could attempt to move in the trade market this summer.

He believes winger Mike Hoffman is a player Canadiens GM Kent Hughes could look at moving before training camp opens in September. He’s entering the final year of his contract with a cap hit of $4.5 million.

Hughes would hope not to retain salary and give up an asset in order to get defenseman Joel Edmundson off his books. He has a year left at $3.5 million. Hughes could hold on to Christian Dvorak if he can’t get an asset in return. He’s under contract for next season at $4.45 million.










Sunday NHL Rumor Roundup – May 7, 2023

by | May 7, 2023

Sunday NHL Rumor Roundup – May 7, 2023

A look at rumored candidates for the Rangers’ head-coaching job plus the latest Penguins speculation in the Sunday NHL Rumor Roundup.

WHO REPLACES GERARD GALLANT AS RANGERS HEAD COACH?

NEW YORK POST: Larry Brooks wondered who would replace Gerard Gallant after he and the Rangers mutually agreed to part ways on Saturday.

Brooks reports Joel Quenneville will not be among the candidates. He remains under an unofficial and open-ended suspension by the NHL for his failure to act responsibly in the Kyle Beach sexual assault issue while coaching the Chicago Blackhawks in 2010. The Rangers will not approach the league to ask commissioner Gary Bettman to lift his suspension.

New York Rangers general manager Chris Drury (NHL.com).

General manager Chris Drury and his staff have begun compiling a list of candidates but there is so far no clear front-runner. It’s uncertain whether candidates such as Patrick Roy who didn’t get an interview two years ago will be in the mix now.

Prior to Gallant and the Rangers parting company, a source suggested former Calgary Flames bench boss Darryl Sutter to Brooks. However, he doubts that a coach who alienated part of his roster this season while failing to reach the playoffs would be a candidate for the Blueshirts’ coaching gig.

SPECTOR’S NOTE: This being one of the notable head coaching jobs in the NHL, we’re likely to hear plenty of rumors in the coming weeks over who will be Gallant’s replacement. I agree with Brooks that Sutter probably won’t be a candidate after the season he had with the Flames.

It’ll be interesting to see who the Rangers bring in. Will they go with an experienced NHL coach or look toward someone from the minors, junior or college ranks? We’ll likely know before the NHL Draft (June 28-29) as I daresay they’ll want that position filled before then.

LATEST PENGUINS SPECULATION

THE HOCKEY NEWS: Nick Horwat recently suggested the Pittsburgh Penguins look toward the Winnipeg Jets as possible offseason trade partners.

The Jets could be looking at shaking things up this summer following their disappointing performance down the stretch and their first-round elimination by the Vegas Golden Knights.

Connor Hellebuyck could be of interest to the Penguins, who need an upgrade in goal. The former Vezina Trophy winner is 30 and has a year left on his contract with a cap hit of $6.1 million.

SPECTOR’S NOTE: Horwat believes Hellebuyck would be worth every penny for the Penguins. Cap Friendly shows them with over $20 million in cap space for 2023-24 so they can afford to acquire him.

Hellebuyck also lacks no-trade protection. If the Jets decide to shop him, their asking price could include the Penguins’ 2023 first-round pick.

PITTSBURGH HOCKEY NOW: Dan Kingerski was asked by several readers if Hellebuyck or Anaheim Ducks goalie John Gibson could be in play in the offseason trade market.

Kingerski doubts the Ducks will peddle Gibson if they get a top-two pick in this year’s draft. If they do make him available, he doubts the Penguins can afford to acquire him, suggesting the Ducks could seek two first-round picks and more in return.

Hellebuyck, on the other hand, could be a different story. He believes the Jets might be amenable to a player-for-player trade, though the Penguins convincing one of their players with a no-trade or no-move clause to accept a move to Winnipeg could be a problem.

SPECTOR’S NOTE: Kingerski also noted the Ottawa Senators are reportedly interested in Gibson but can outbid the Penguins. However, the Senators might not be on his list of acceptable trade destinations.

Recent rumors suggest the Ducks are willing to help Gibson find a suitable trade destination, preferably one that isn’t rebuilding. The Pittsburgh native could accept coming home to play with Sidney Crosby and Evgeni Malkin.

The Penguins will likely have to give up their first-rounder in the deal but the rest of the asking price might not be that expensive. The Ducks already have six picks in the first three rounds of this year’s draft and in next year’s as well. They could be more interested in moving Gibson’s contract, which has four years remaining with an annual cap hit of $6.4 million.

Horwat also suggested center Mark Scheifele and defenseman Neal Pionk as trade targets. He admits the 29-year-old Scheifele might be hard to fit in on a club already deep with centers but felt he’s the kind of talent you find a solution for. Horwat considers Pionk more obtainable, suggesting he’d be a good replacement for Jeff Petry.

SPECTOR’S NOTE: Scheifele is talented and could skate on the wing alongside Sidney Crosby or perhaps he could center the second line with Evgeni Malkin shifted to the wing. Like Hellebuyck, he has a year remaining on his contract. Scheifele has also faced criticism in recent years for his inconsistent play.

Pionk would be a good replacement for the aging Petry provided the Penguins can find a taker for him to clear his $6.25 million annual cap hit from their books. That’s assuming the Jets are willing to move Pionk.

Horwat also looked at possible buyout candidates. The first choice would be Jeff Carter but he’s on a 35-plus contract, meaning his annual cap hit would still count in full against the Penguins’ salary cap.

Jeff Petry and forward Mikael Granlund are other possibilities. However, there’s also the concern that those buyouts could become anchors if the rest of the roster is built incorrectly.

SPECTOR’S NOTE: The Penguins appear stuck with Carter for the final season of his contract. They can’t buy him out and he’s got a full no-movement clause.

I suspect the Penguins would prefer trading Petry and/or Granlund even if they have to retain a portion of their salary rather than buy them out. Whether they go either route remains to be seen. New management could see how both perform next season.










NHL Rumor Mill – April 13, 2023

by | Apr 13, 2023

NHL Rumor Mill – April 13, 2023

What next for the Penguins after being eliminated from playoff contention? Could this season’s playoffs affect Auston Matthews’ future with the Maple Leafs? Check out the latest in today’s NHL Rumor Mill.

WHAT NEXT FOR THE PENGUINS?

PITTSBURGH POST-GAZETTE/THE ATHLETIC: Matt Vensel and Rob Rossi looked at the offseason issues facing the Penguins after their streak of 16 consecutive playoff appearances came to an end this week.

Pittsburgh Penguins general manager Ron Hextall (NHL.com).

The new ownership group will have to decide if they’ll bring back general manager Ron Hextall and president of hockey operations Brian Burke or replace one or both men. Rossi observed that Hextall and Burke were hired by the previous ownership.

Vensel noted that Hextall made several savvy trades and signings. However, there were also crippling mistakes, including the blueline being worse than last season and trade deadline acquisition Markus Granlund failing to pan out.

SPECTOR’S NOTE: I’ll be very surprised if Hextall and Burke are back for 2023-24. They seemed like deer in headlights this season when it came to addressing their team’s on-ice woes.

Head coach Mike Sullivan is signed through 2026-27. Rossi doesn’t see them paying Sullivan for the next five seasons not to coach. Vensel observed that ownership thinks highly of him.

Both writers believe Sullivan will return. If so, Vensel believes he must make changes to adapt to his personnel and figure out why a veteran-laden club lacked composure this season.

SPECTOR’S NOTE: Sullivan’s contract pretty much ensures he’ll be behind the Penguins’ bench next season. I agree that he must evaluate what he can do to remedy his club’s on-ice issues but management must provide him with a better roster than the one he had to work with this season.

Venzel doesn’t expect the Penguins will trade Evgeni Malkin and Kris Letang after re-signing them last summer. He believes pending free-agent goaltender Tristan Jarry should not be re-signed, though the other goalie options in this summer’s unrestricted free-agent market are a bit underwhelming. He suggested the Boston Bruins’ restricted free agent Jeremy Swayman could be worth considering.

SPECTOR’S NOTE: Vensel didn’t indicate if the Penguins should attempt to acquire Swayman via trade or offer sheet. The Bruins face more of a cap pinch than the Pens so perhaps an offer sheet might work provided Swayman is willing to sign one.

Along with Jarry, Rossi pointed out that their other notable UFAs included Brian Dumoulin and Jason Zucker. Rossi observed the Penguins have over $63.2 million invested in 15 players for 2023-24. Vensel doesn’t expect Dumoulin and Zucker will be back unless the Penguins can free up some cap space to re-sign the latter.

Vensel speculated the Penguins could attempt to trade away a high-salaried player. It could cost them a draft pick to move Granlund and his $5 million average annual value. Jeff Petry has a partial no-trade clause and the Penguins would have to find a suitable replacement.

Jeff Carter has a full no-trade clause. He’s on a 35-plus contract meaning the Penguins get no cap relief if he retires or is bought out. Short of somehow sending his contract to a team like the Arizona Coyotes, Carter will likely remain on their books next season.

SPECTOR’S NOTE: They don’t have many good options here that won’t cost them a draft pick or a prospect as a sweetener in the deal. Teams could prefer they retain some salary.

WILL THE 2023 PLAYOFF AFFECT MATTHEWS’ FUTURE WITH THE LEAFS?

TORONTO STAR: Nick Kypreos observed that the Maple Leafs can open contract extension talks with Auston Matthews on July 1. However, he wondered what impact the coming playoffs will have on Matthews’ future with the Leafs.

Matthews is slated to become an unrestricted free agent next July. He’s earning an average annual value of $11.6 million on his current contract.

Kypreos suggests a successful first round by the Leafs could go a long way in convincing Matthews to remain in Toronto for the long term. Another early postseason exit, however, had Kypreos wondering if that will decrease Matthews’ odds of signing a lengthy extension, especially if the Leafs end up replacing general manager Kyle Dubas.

SPECTOR’S NOTE: Kypreos believes the Leafs will triumph this time over the Tampa Bay Lightning in the rematch of last year’s first-round series. If Matthews isn’t convinced to sign long-term, he envisions the Leafs star inking a three- or four-year deal to take advantage of the salary cap rising over that period.

The Leafs and Matthews have plenty of time to negotiate a new deal regardless of length. Nevertheless, his contract status could dominate this summer’s rumor mill if the Leafs make another first-round departure. The longer Matthews goes without a new deal, the more questions will be asked about his future.










NHL Rumor Mill – March 31, 2023

by | Mar 31, 2023

NHL Rumor Mill – March 31, 2023

Is it time for the Penguins to clean house? Will the Red Wings pursue scorers in the offseason? Check out the latest in today’s NHL Rumor Mill.

TIME FOR THE PENGUINS TO CLEAN HOUSE?

PITTSBURGH HOCKEY NOW: That’s what Dan Kingerski believes despite the fact the Penguins could make their 17th consecutive playoff appearance. While he doesn’t rule out a possible playoff upset, he felt that they must shake things up after this season’s uneven performance.

Pittsburgh Penguins winger Jake Guentzel (NHL Images)

Kingerski believes head coach Mike Sullivan’s job is safe but the Penguins need a retooling of the veteran players surrounding Sidney Crosby, Evgeni Malkin and Kris Letang. “No one should be safe, including Jake Guentzel, Bryan Rust and Jeff Petry.” However, he acknowledged Jeff Carter and his $3.125 million cap hit will be back next season

General manager Ron Hextall and his staff should be questioned by their bosses over the rebuilding side of Hextall’s plan. Kingerski noted he hasn’t had the same success signing NCAA free agents as his predecessor, wondered if they’ll land any European free agents, and why their AHL affiliate in Wilkes-Barre/Scranton is worse now than they were.

SPECTOR’S NOTE: This isn’t a trade rumor but I think the Penguins will be worth watching in the offseason. There’s no doubt that they have not improved compared to last season. They’re the oldest team in the league and have played like it on too many nights this season.

Making the playoffs should save Hextall’s job but that’s not a certainty with the Florida Panthers nipping at the Penguins’ heels. He’s been feeling the heat from fans and pundits (like Kingerski) over the course of this season. That should be concerning to the club’s owners.

I agree with Kingerski that Sullivan should be back and that the supporting cast around Crosby, Malkin and Letang must improve, especially the goaltending and their blueline depth.

Whether Guentzel is part of those changes remains to be seen. Carter only has a year left on his contract but the 38-year-old center is coming to the end of his playing days. However, his full no-movement clause should ensure he plays out that season in Pittsburgh.

WILL THE RED WINGS PURSUE SCORERS THIS OFFSEASON?

THE ATHLETIC: Max Bultman recently suggested the Detroit Red Wings should bolster their offense after trading away Jakub Vrana and Tyler Bertuzzi.

Finding it won’t be easy in this summer’s free-agent market. Patrick Kane and Vladimir Tarasenko are both on the wrong side of 30, as are second-tier scorers like Alex Killorn and Jason Zucker. Michael Bunting, 27, will be seeking a big-money, long-term contract.

Another immediate fix would be an offseason trade similar to the Ottawa Senators acquiring Alex DeBrincat last summer. However, it’s too early right now to determine which players could be available.

Bultman also believes they must add a more reliable No. 2 goaltender. Possible short-term UFA options could include Semyon Varlamov or Alex Stalock.

SPECTOR’S NOTE: The Wings have plenty of projected salary cap space (over $30 million) with all their core players under contract for next season. They also have five picks in the first two rounds of this year’s draft plus a deep pool of promising players within their system to draw upon as trade bait during the offseason.

Whether general manager Steve Yzerman will make a significant signing or a bold trade to help his club remains to be seen. Nevertheless, like the Penguins, they could be worth monitoring this summer.