​The latest on Taylor Hall, Semyon Varlamov, Mikael Granlund, Evgeni Malkin, and more in today’s NHL rumor mill.

SPORTSNET: In his latest 31 Thoughts column, Elliotte Friedman believes the Arizona Coyotes offered Taylor Hall a five-year contract worth an annual average value of $7.25 million. The 28-year-old winger is slated to become an unrestricted free agent at season’s end.

Arizona Coyotes winger Taylor Hall (NHL Images).

Friedman doesn’t think that’s their final offer. He also feels situation means as much to Hall as anything. He noted rumors are linking the Coyotes to former Edmonton Oilers general manager Peter Chiarelli but doesn’t see that happening while re-signing Hall is an option.

SPECTOR’S NOTE: Hall’s market value before the pandemic was considered between $9 – $10 million annually. The Coyotes’ offer could reflect the new economic landscape even if it is an opening pitch. Assuming they’re willing to pay much more, Hall must believe the Coyotes are poised to become a perennial playoff club before agreeing to sign. He’s appeared in only one post-season round during his career.

Chiarelli traded Hall to New Jersey in 2016. That move didn’t sit well at the time with the winger.

Friedman wondered if the Edmonton Oilers can find room to squeeze Andreas Athanasiou into their tight cap space. The winger is a restricted free agent with arbitration rights in the off-season. Athanasiou’s performance in the upcoming tournament could determine his number.

SPECTOR’S NOTE: Athanasiou is earning $3 million AAV on his current contract. Even if the winger plays well, Oilers GM Ken Holland could try to convince him to accept a one-year deal for the same AAV with the promise of a better deal after next season.

New York Islanders goaltender Thomas Greiss is a UFA at season’s end while Semyon Varlamov still has term on his contract. If Greiss outplays Varlamov in the upcoming tournament, Friedman wonders if the Isles might attempt to re-sign him to a friendlier deal and try to trade Varlamov.

SPECTOR’S NOTE: Anything’s possible, but Varlamov is seen as a mentor for promising young Ilya Sorokin, who recently signed an entry-level deal with the Isles. Despite their cap constraints, I think the Isles intend to go with Varlamov and Sorokin as their tandem next season.

Friedman wondered if Mikael Granlund can ramp up his value in the upcoming tournament. The Nashville Predators winger is a UFA at season’s end and is a talented player during a time of fiscal tightness.

SPECTOR’S NOTE: Granlund struggled after joining the Predators in a trade with Minnesota late last season. However, his play improved once John Hynes took over as head coach in January. A solid performance in the playoff tournament could bolster his free-agent value.

The Florida Panthers are expected to cut payroll next season. Friedman notes wingers Mike Hoffman and Evgenii Dadonov are due to become unrestricted free agents in the off-season.

SPECTOR’S NOTE: Their tournament play could determine whether they get re-signed by the Panthers. Even then, they might only attempt to keep one of them. How much they’re seeking on their next contracts will also be a factor.

Friedman will also be watching the goaltending situations in Pittsburgh and Calgary. Penguins goaltenders Matt Murray and Tristan Jarry are restricted free agents. GM Jim Rutherford hinted there are ways to move around some money to re-sign both goalies. Meanwhile, the play of Flames netminders David Rittich and Cam Talbot will determine whether management tries something bold between the pipes.

SPECTOR’S NOTE: Rutherford has proven he can make moves to free up sufficient cap room to acquire or retain key players and keep his Penguins among the Stanley Cup contenders. It’ll be interesting to see what he does under a flat cap this time around.

Rittich has yet to establish himself as a reliable NHL starter. Talbot is a UFA at the end of this season and could seek a starter’s role elsewhere if the Flames remain committed to Rittich.

Rutherford was also asked if there will be any trade rumors involving Evgeni Malkin this summer. “Only if somebody makes them up,” he replied.

SPECTOR’S NOTE: Ok, folks, let’s see your best Malkin trade rumor in the comments section. They can’t be any worse than some we’ve seen over the years.