A look at TSN’s list of 10 contracts potentially on the move in today’s NHL rumor mill.
TSN: Arizona Coyotes winger Phil Kessel, St. Louis Blues center Tyler Bozak, and Edmonton Oilers winger Andreas Athanasiou top Frank Seravalli’s list of 10 contracts potentially on the move in the offseason, based on the financial or salary-cap implications facing each club.
Kessel is owed just $5.95 million in total real dollars through 2021-22. Despite the drop in his production this season, a re-energized Kessel could be helpful to a Cup contender.
SPECTOR’S NOTE: Kessel’s $5-million signing bonus for 2020-21 has already been paid out, which explains why his actual salary will be so low. His full cap hit is $8 million but the Coyotes are only carrying $6.8 million because the Toronto Maple Leafs are picking up $1.2 million in retained salary as the condition for trading him to Pittsburgh in 2015.
That might make Kessel enticing for clubs seeking experienced scoring depth on right wing. However, he has a reputation as a high-maintenance player, which could hurt his trade value almost as much as this season’s sudden decline in his production.
Bozak could be a trade candidate in a retained salary transaction if the Blues decide to shed salary to re-sign defenseman Alex Pietrangelo.
SPECTOR’S NOTE: Seravalli’s list was published before last night’s report indicating contract talks between the Blues and Pietrangelo had broken off. While they still could attempt to move Bozak to give them some additional wiggle room, there won’t be as much urgency to do so if Pietrangelo departs.
Seravalli reports the Oilers are trying to trade Athanasiou before he’s due a $3 million qualifying offer on Oct. 7. However, teams think GM Ken Holland could let him walk, which would hurt Athanasiou’s trade value.
SPECTOR’S NOTE: The Edmonton Journal’s David Staples believes Holland is in a bind given he parted with two second-round draft picks to acquire Athanasiou. He’s not worth $3 million, and Staples thinks Holland believes he can find a better winger than Athanasiou at a lower price. If so, he might have to let him walk and try to replace those two draft picks via the trade market.
Vancouver Canucks defenseman Troy Stecher and center Brandon Sutter, Pittsburgh Penguins winger Patric Hornqvist, and Dallas Stars goaltender Ben Bishop fill spots four through seven on Seravalli’s list.
Stecher is a restricted free agent who could become a UFA if the Canucks opt not to qualify his rights. The Canucks would like to keep him but their pipeline of promising blueliners and salary-cap constraints could rule out a long-term commitment. Sutter, meanwhile, could be easier to move than Loui Eriksson if the Canucks are willing to retain a bit of his $4.375-million cap hit.
SPECTOR’S NOTE: The Canucks could re-sign Stecher if they part ways with pending UFA blueliner Chris Tanev. Given GM Jim Benning’s failed efforts last year to move Eriksson, I agree that Sutter could become a trade candidate. He carries a 15-team no-trade clause, which will hamper those efforts.
Seravalli considers Hornqvist the odd man out for the Penguins as a third-line winger with a $5.3 million AAV, but noted the remaining three years on his contract could be an issue. He feels they might have to retain salary to make that work.
SPECTOR’S NOTE: Agreed. I don’t see many clubs interested in picking up that full cap hit for the next three years. Another sticking point is Hornqvist’s full no-trade clause for 2020-21, though perhaps he might waive it for the right team.
Seravalli wonders where Bishop fits into the Stars’ plans, pointing out he seems to be injured when it matters most. He thinks they could find a taker for Bishop as he’s owed just $8 million in real cash over the remaining three years of his contract.
SPECTOR’S NOTE: That low actual salary could be enticing, but Bishop’s injury history also screams, “Buyer beware!” He also has a 10-team no-trade list, plus a no-movement clause over the remainder of his contract, meaning he’d have to be protected in next year’s expansion draft unless he agrees to waive it.
Tampa Bay Lightning forward Tyler Johnson, Chicago Blackhawks winger Brandon Saad, and Columbus Blue Jackets forward Brandon Dubinsky round out Seravalli’s list.
Johnson could be shopped in a cost-cutting deal, though he has a full no-trade clause. Saad could also be a cost-cutting casualty as the Blackhawks need to re-sign Dominik Kubalik and Dylan Strome plus find a starting goalie. A chronic wrist injury has likely ended Dubinsky’s career but his $5.85-million cap hit for next season could be attractive for clubs looking to use long-term injury reserve to manipulate their salary cap.
SPECTOR’S NOTE: Johnson’s NTC could rule him out as a trade candidate. Most of the speculation surrounding the Lightning suggests it could be Alex Killorn (who has a modified no-trade) who could be on the moves.
Saad has a year remaining on his contract and a 10-team no-trade list. He’d be attractive to rival clubs seeking a top-six winger, but The Athletic’s Mark Lazerus said in a recent mailbag segment he’s not convinced the Blackhawks could trade him. He felt they could find extra cap room by trading or buying out Olli Maatta and Zack Smith.
The Jackets could indeed attempt to move Dubinsky’s contract to a club either looking to use LTIR to go over the cap to add another player or by a budget club looking to reach the cap floor. He’s got a 10-team no-trade list but that shouldn’t be an issue if his playing days are over.
