NHL Morning Coffee Headlines – August 24, 2023

NHL Morning Coffee Headlines – August 24, 2023

The Leafs sign Auston Matthews to a four-year contract extension while teammate William Nylander hopes to stay in Toronto, Canucks center Elias Pettersson is in no rush to sign an extension, and much more in today’s NHL Morning Coffee Headlines.

TORONTO SUN: The Maple Leafs reached an agreement with Auston Matthews on a four-year, $53 million contract extension that begins in 2024-25. The average annual value is $13.25 million.

SPECTOR’S NOTE: Starting in ’24-’25, Matthews will have the highest AAV in the league, surpassing Colorado’s Nathan MacKinnon ($12.6 million) and Edmonton’s Connor McDavid ($12.5 million).

Toronto Maple Leafs center Auston Matthews (NHL Images).

The deal is front-loaded, paying $16.7 million in actual salary for ’24-’25, $15.2 million in 2025-26, $11.080 million in 2026-27 and $10.020 million in 2027-28. Of that $53 million total, $50 million will be paid out as signing bonuses. That means he’ll get $15.925 million of his actual salary on July 1 of the first season, $14.425 million for the second season, $10.180 million in season three and $9.120 million in the final season.

Matthews turns 26 on Sept. 17 and will be 27 when the ’24-’25 regular-season schedule begins. He’ll be 30 when his new contract expires. If he maintains his annual 40-plus goal pace, he’ll be in line for yet another lucrative deal.

Top NHL stars usually sign expensive contracts for the maximum number of years under the collective bargaining agreement (CBA). That’s eight years for re-signing with their current team as a restricted free agent and seven years if they sign with a new club as an unrestricted free agent.

Matthews, however, is breaking that trend. Signing deals that are four or five years in length ensures he’ll remain among the highest-paid players during most of his career.

It also ensures that Matthews is not locked into one team for too long, especially if management decides to rebuild the roster. Had he signed an eight-year extension and the Leafs ended up rebuilding four years from now, he’d be stuck on a club with no chance of winning the Stanley Cup over the remaining term of a contract that would prove difficult to trade.

Other NHL superstars are likely taking notice. Don’t be surprised if we start seeing similar deals among the league’s current and future top players in the coming years.

TORONTO SUN: Speaking of the Leafs, William Nylander claims there’s no other place he wants to play. He’s slated to become an unrestricted free agent next summer. The 27-year-old winger indicated his representatives have spoken with Leafs management but doesn’t think there’s much going on right now. He’s unconcerned about the situation, adding that his focus is on getting ready for the coming season.

SPECTOR’S NOTE: It was reported earlier this summer that negotiations between the Leafs and Nylander’s camp weren’t going well, with speculation claiming he seeks $10 million annually on his next deal.

With Mitch Marner due for a hefty raise in 2025, it’s believed the Leafs could retain Nylander for this season as a self-rental as they chase that elusive Stanley Cup and let him depart via free agency in July. Time will tell if that comes to pass.

THE PROVINCE: Elias Pettersson told Sportsnet’s Elliotte Friedman that he’s not in a rush to sign a new contract with the Vancouver Canucks. The 24-year-old center is in the final season of his three-year deal with an AAV of $7.35 million but he’ll earn $10.25 million in actual salary in 2023-24. He’ll become a restricted free agent with arbitration rights next July.

Pettersson indicated that contract discussions are on hold as he focuses on preparing for the coming season. He wants to ensure that he gets the right contract for himself, be it a short or long-term deal.

SPECTOR’S NOTE: The report goes on to point out that the Canucks performance this season could determine the length of Pettersson’s next contract. It also noted that his camp has positioned itself well given the anticipated rise in the salary cap to over $90 million within the next two seasons.

Because Pettersson signed his current contract after the 2020 Memorandum of Understanding (MOU) extending the CBA, it won’t cost the Canucks $10.25 million to qualify his rights next summer. It will instead cost them $8.82 million to do so.

NEW YORK POST: The Rangers signed winger Alexis Lafreniere to a two-year, $4.65 million contract. The AVV is $2.325 million.

SPECTOR’S NOTE: No surprise that Lafreniere agreed to a bridge contract. The 2020 first-overall pick has struggled to play up to expectations with the Rangers. Only 21, he still has plenty of time to reach his full potential and perhaps land a more lucrative deal when the new one expires as a restricted free agent with arbitration rights.

SPORTSNET: The Edmonton Oilers are reportedly finalizing a two-year, $7.8 million contract for defenseman Evan Bouchard. The AAV is $3.9 million.

SPECTOR’S NOTE: That deal will leave the Oilers with just over $382K in cap space for this season with 21 roster players under contract.

The puck-moving Bouchard, 23, gets a decent pay raise for now on a short-term contract. He stands to cash in down the road when the Oilers have more cap space, especially with the cap projected to rise to $92 million for 2025-26 when he’ll become an RFA with arbitration rights.

NHL.COM: As expected, the Arizona Coyotes formally announced the re-signing of head coach Andre Tourigny. He has received a three-year contract extension.

TAMPA BAY TIMES: The Lightning signed defenseman Darren Raddysh to a two-year extension with an AAV of $975K.

DAILY FACEOFF: The Lightning also inked former Ottawa Senators forward Austin Watson to a professional tryout offer.

Speaking of PTOs, the Columbus Blue Jackets have added goaltender Aaron Dell and defenseman Nicolas Meloche.

TSN: The Anaheim Ducks signed defenseman Scott Harrington to a PTO.

NHL: The league and the NHL Players Association are working on plans to begin a rotation of international competition starting with a tournament in February 2025 and followed by tournaments every second year starting with the 2026 Winter Olympics.

SPECTOR’S NOTE: It’s about damn time too. The last tournament involving NHL players was the 2016 World Cup of Hockey. The last Olympic participation was in 2012.










NHL Morning Coffee Headlines – July 20, 2022

NHL Morning Coffee Headlines – July 20, 2022

More players from Canada’s 2018 world junior team issued statements denying involvement in alleged sexual assault and Johnny Gaudreau was close to signing with the Devils before joining the Blue Jackets. Check out the latest in today’s NHL Morning Coffee Headlines.

TSN: St. Louis Blues forwards Robert Thomas and Jordan Kyrou and Chicago Blackhawks forward Taylor Raddysh released statements on Tuesday denying involvement in an alleged sexual assault involving members of Canada’s 2018 world junior team.

The agent for free agent forward Sam Steel also released a statement yesterday on his client’s behalf denying involvement, indicating he had fully cooperated in every investigation into the matter and will continue to do so.

These statements followed a similar one issued earlier Monday by Arizona Coyotes defenseman Conor Timmins as well as those recently released by Colorado Avalanche blueliner Cale Makar and Toronto Maple Leafs rearguard Victor Mete.

Rick Westhead reports lawyers for the eight players allegedly involved in the 2018 sexual assault plan to turn over to the NHL cellphone footage of the incident and 35 text messages between the victim and one of the players.

SPECTOR’S NOTE: The league is pursuing its own investigation into the incident while Hockey Canada has reopened its investigation. A number of players on the 2018 WJC team are now NHL players.

SPORTSNET: An affidavit filed in an Ontario court suggests Hockey Canada has maintained a fund to pay for uninsured liabilities, including sexual assault. The organization has had its federal funding cut off while a number of corporations paused their sponsorship over its handling of the case and recent settlement.

SPECTOR’S NOTE: The Globe & Mail reports Hockey Canada used player registration fees to cover the cost of those “uninsured liabilities.” In other words, it appears they used money that parents paid to register their kids in hockey as a slush fund.

The eight players involved in the 2018 incident have not been publicly identified. However, the recently released statements by several former members of that team has fans and pundits musing about their identities on social media. It seems only a matter of time until those players are eventually identified.

Last month, NHL commissioner Gary Bettman promised the league would be transparent in its investigation into this matter. The league intends to interview all members of the 2018 team with the cooperation of the NHLPA.

Whatever the outcome of these investigations, Hockey Canada’s reputation has been severely tarnished. A reckoning is hopefully coming soon that will bring about much-needed changes throughout the organization to address the rot that permeates its culture.

THE SCORE: Johnny Gaudreau said he was close to signing with the New Jersey Devils last week before joining the Columbus Blue Jackets. He wanted to be close enough to his family and friends in New Jersey but maintain enough distance to ensure privacy as he and his wife start their own family. He signed a seven-year, $68.25 million contract with the Blue Jackets a week ago.

NJ.COM: Speaking of the Devils, they signed restricted free agent Vitek Vanecek to a three-year contract worth an average annual value of $3.4 million. The Devils acquired the 26-year-old goaltender from the Washington Capitals earlier this month.

TSN: Dallas Stars owner Tom Gaglardi said he’s looking for more offense from high-paid stars Jamie Benn and Tyler Seguin in the coming season. “We have far too many players who are underperforming offensively,” said Gaglardi. “We need something to change.”

SPECTOR’S NOTE: Age and injuries could be contributing factors behind the declining production of Benn and Seguin. Benn is now 33 and his physical style of play could also be taking its toll on him. The 30-year-old Seguin, meanwhile, played through a hip injury in the 2020 playoffs requiring surgery that sidelined him for most of the following season.

THE DALLAS MORNING NEWS: Former Stars captain Derian Hatcher and former coach and general manager Bob Gainey are the inaugural inductees into the club’s new Hall of Fame.

FLAMES NATION: The agent for Calgary Flames winger Andrew Mangiapane said the restricted free agent is willing to discuss a long-term contract with the club.

SPECTOR’S NOTE: The Flames may be interested in that but their priority right now is determining the future of RFA winger Matthew Tkachuk. I’ll have more about that in today’s Rumor Mill.

NHL.COM: The Los Angeles Kings named Jim Hiller as an assistant coach.

DETROIT HOCKEY NOW: Former NHL winger Larry Jeffrey passed away on Tuesday at age 81. He netted 181 points in 368 career regular-season games over eight seasons with the Detroit Red Wings, Toronto Maple Leafs and New York Rangers from 1961-62 to 1968-69, winning a Stanley Cup with the Leafs in 1967.

SPECTOR’S NOTE: My condolences to Jeffrey’s family, friends and former teammates.