NHL Rumor Mill – July 13, 2020

by | Jul 13, 2020

NHL Rumor Mill – July 13, 2020

Check out the latest on the Canucks and Bruins in today’s NHL rumor mill.

A FLAT SALARY CAP WILL SQUEEZE THE CANUCKS

SPORTSNET: Iain MacIntyre reports the salary cap remaining at $81.5 million exacerbates the Vancouver Canucks’ already difficult cap payroll issues. They have over $65 million invested in 15 players for 2020-21, leaving $16.3 million for another seven or eight players. Their unrestricted free agents include Jacob Markstrom, Tyler Toffoli, Chris Tanev, and Josh Leivo, while Troy Stecher, Jake Virtanen, Adam Gaudette, and Tyler Motte are restricted.

The Vancouver Canucks face difficult decisions with free agents such as Jacob Markstrom (Photo via NHL Images).

Unless general manager Jim Benning convinces veteran winger Loui Eriksson to terminate his contract, MacIntyre believes it could be impossible for the Canucks to retain their important players. He suggests at least two-thirds of their cap space could go toward re-signing Markstrom and Toffoli. They could get some cap relief if Micheal Ferland (concussion) starts next season on long-term injury reserve, but he’s in training camp attempting to come back.

The NHL’s financial landscape makes it almost impossible to trade contracts like Eriksson’s or Brandon Sutter’s, but Benning might find a taker for Jordie Benn’s $2 million cap hit. The Canucks could be forced to choose between Markstrom or Toffoli, letting Tanev depart via free agency, make Stecher a UFA by not qualifying his rights, or trading Virtanen. The nuclear option would be trading winger Brock Boeser ($5.875 million annual average value), but MacIntyre is skeptical about that move.

SPECTOR’S NOTE: The Athletic’s Thomas Drance recently suggested the Canucks attempt to re-sign Markstrom and Toffoli to matching $5.5 million AAVs and letting Tanev depart as a free agent. He acknowledged that would only leave over $6 million for the remainder.

It’s been suggested Benning attach a sweetener like a high draft pick or top prospect in a package deal to Eriksson once his signing bonus is paid out by mid-month to make him enticing in the trade market. That would leave only $5 million in actual salary over the remaining two years of his contract. Finding a club with the cap space to take on that cap hit was going to be difficult under normal circumstances. It will be more challenging now.

Boeser’s name surfaced over the weekend as one of the many options the Canucks were reportedly exploring. Just because Benning and his staff may have kicked that one around doesn’t mean they’re going to go that route. Trading Boeser is probably the last resort. 

They could also buy out the final season of Sutter’s contract. Cap Friendly indicates that would provide them with over $2.33 million in savings for next season.

UPDATE ON THE BRUINS

NBC SPORTS BOSTON: Joe Haggerty reports Bruins GM Don Sweeney admits facing some difficult decisions with his free agents under a flat salary cap. Pending UFA Torey Krug and RFA Jake DeBrusk could command a combined $10 million to re-sign. The Bruins must also find new contracts for Zdeno Chara, Anders Bjork, Matt Grzelcyk, and others.

Sweeney isn’t ruling out negotiating with his free agents during Phase 3 and Phase 4 of the return-to-play plan. However, he won’t be overly aggressive given the uncertainty over how player contracts will be affected going forward.

Haggerty points out the Bruins will see cap space opening over the next two seasons as David Krejci and Tuukka Rask become unrestricted free agents. For now, however, Sweeney could be forced to choose between Krug or DeBrusk.

SPECTOR’S NOTE: Haggerty also wonders if Krug might be willing to accept less on a short-term deal to stay in Boston and wait out the financial fallout for all pro sports over the next couple of years. It would provide the Bruins ($63.5 million invested in 18 players for ’20-’21) with some invaluable wiggle room. Krug hinted about accepting a hometown discount last fall. He might give it serious consideration if he doesn’t find offers to his liking in the UFA market. 










NHL Rumor Mill – July 4, 2020

by | Jul 4, 2020

NHL Rumor Mill – July 4, 2020

Can the Canucks find sufficient cap room to re-sign their key free agents? Could the Canadiens sign Blues defenseman Vince Dunn to an offer sheet? Check out the latest in today’s NHL rumor mill.

CANUCKS COULD FACE AN OFF-SEASON CAP CRUNCH

VANCOUVER SUN: Patrick Johnson reports the Canucks could face a mean salary-cap crunch next season. Bonuses paid to young stars Elias Pettersson and Quinn Hughes means their cap hits will increase by $1.7 million. With the cap expected to remain at $81.5 million next season, it leaves the Canucks with just over $15 million in cap space.

Could the Canucks and Loui Eriksson agree to a contract termination? (Photo via NHL Images)

With 16 players on one-way contracts, they must sign at least six players to fill out their roster for 2020-21. Notable free agents include Jacob Markstrom, Tyler Toffoli, Chris Tanev, and Jake Virtanen. Johnston suggested they could get some wiggle room by demoting Loui Eriksson and Sven Baertschi.

Ben Kuzma considers re-signing Markstrom and Toffoli as priorities. Keeping Tanev could require moving a depth player. His intangibles are hard to measure in salary comparable.

SPORTSNET: In a recent mailbag segment, Iain MacIntyre was asked if the Canucks and Eriksson would agree to a contract termination after he receives his $3 million signing bonus on July 1.

The 34-year-old winger has two years remaining on his deal with an annual average value of $6 million, though the actual value of the remaining years totals $5 million. MacIntyre believes there might be a conversation, but doesn’t think Eriksson will walk away from it.

SPECTOR’S NOTE: It could cost the Canucks $6 million annually on a five-year deal to re-sign Markstrom. Toffoli’s had a short window of work with the Canucks since joining them in February but he was a good fit during those few games before the schedule was interrupted by COVID-19. Years of wear-and-tear have taken a toll on Tanev’s game, but the Canucks could retain him on a short-term deal for the right price.

The Canucks won’t be the only cap-strapped club following this season. There are 13 teams with $70-plus million invested in their 2020-21 payrolls. That could affect efforts by Canucks general manager Jim Benning to swing some cost-cutting deals.

Then again, the effect of the pandemic upon NHL revenue could work in Benning’s favor. Some of his free agents could accept one- or two-year deals in hope of getting better terms down the road.

Benning could try to move Eriksson via trade, but if that difficult to do under a rising cap, it could be impossible under a flat one. If the winger proves unwilling to agree to contract termination, he could be waived and demoted.

COULD THE CANADIENS OFFER-SHEET DUNN?

THE ATHLETIC (subscription required): In a recent mailbag segment, Arpon Basu was asked if he thought the Montreal Canadiens should attempt to sign Vince Dunn to an offer sheet. The St. Louis Blues defenseman is a restricted free agent at season’s end. 

Basu believes the Blues’ limited salary-cap space could make Dunn a tempting offer-sheet target. They would have difficulty attempting to match it if it was rich enough. An offer worth $4.2 million annually would only cost a second-round pick in compensation. While the Blues believe Dunn could help them a great deal, Basu doesn’t think they’re ready to pay him that much since he’s not yet arbitration-eligible.

SPECTOR’S NOTE: With over $79 million invested in 20 players and Dunn and Alex Pietrangelo to be re-signed, the Blues are seriously squeezed for cap space. Even if Pietrangelo departs via free agency at season’s end, they’d have a difficult time match a significant offer sheet for Dunn.

Just because a player could sign an offer sheet doesn’t mean he will. Most RFAs prefer re-signing with their current teams. Still, it’ll be interesting to see if the Canadiens or someone else attempts that option with Dunn.










NHL Rumor Mill – June 23, 2020

by | Jun 23, 2020

NHL Rumor Mill – June 23, 2020

​A listing of this year’s top UFA forwards and the latest on the Leafs in today’s NHL rumor mill.

TOP FORWARDS IN THIS YEAR’S UFA MARKET

THE SCORE: Arizona Coyotes winger Taylor Hall, Florida Panthers winger Mike Hoffman, and Vancouver Canucks winger Tyler Toffoli sit atop Josh Gold-Smith’s recent ranking of this year’s top NHL unrestricted free agent forwards. Panthers winger Evgenii Dadonov and Nashville Predators winger Mikael Granlund round out the top five.

Arizona Coyotes winger Taylor Hall (Photo via NHL Images).

Washington Capitals winger Ilya Kovalchuk, Colorado Avalanche forward Vladislav Namestikov, Edmonton Oilers winger Tyler Ennis, Predators winger Craig Smith, and Coyotes center Carl Soderberg complete the top-10.

Other notables include Minnesota Wild forward Alex Galchenyuk, Florida Panthers center Erik Haula, New York Islanders center Derick Brassard, Buffalo Sabres winger Wayne Simmonds, and Toronto Maple Leafs forward Jason Spezza.

SPECTOR’S NOTE: You can quibble over some of Gold-Smith’s rankings, but it’s clear this isn’t a great year for UFA forward talent.

Hall is the best of the bunch. Hoffman and Dadonov are reliable scorers while Toffoli is the best two-way forward. Granlund struggled through most of his tenure with the Predators, but his play improved after Peter Laviolette was replaced as head coach with John Hynes. A solid playoff tournament performance could boost his stock.

It’s pretty much buyer beware for most of the rest. They either haven’t panned out (Galchenyuk), were hampered by injuries (Haula), or are on the downside of their careers (Kovalchuk, Brassard, Simmonds, Spezza).

LATEST LEAFS SPECULATION

SPORTSNET: In a recent mailbag segment, Luke Fox was asked for the Toronto Maple Leafs likely blueline targets in the off-season. Given their limited salary-cap space, he doesn’t expect they’ll land Alex Pietrangelo, suggesting instead Travis Hamonic, Chris Tanev, Sami Vatanen, or Radko Gudas as more viable options.

SPECTOR’S NOTE: Cap constraints will also hamper efforts to sign the others. Cap Friendly indicates they have over $76.9 million invested in 16 players. Some cost-cutting would have to be made to pursue them.

Turning to the trade market, Fox pointed out Leafs general manager Kyle Dubas tends to deal for players with term remaining on their contracts. High-end right-hand shots include Minnesota’s Matt Dumba, Buffalo’s Rasmus Ristolainen, Columbus’ David Savard, Carolina’s Brett Pesce, Buffalo’s Colin Miller, Edmonton’s Adam Larsson, and Anaheim’s Josh Manson.

SPECTOR’S NOTE: I don’t see Dumba, Pesce, Larsson, or Manson getting moved. Ristolainen or Miller could be available, but it depends on whether the Sabres will trade with a hated division rival like the Leafs. Savard might be a trade option if Dubas offered up a decent scoring forward like Kasperi Kapanen.

Regarding Frederik Andersen’s contract status, Fox feels that they should kick it down the road. Andersen becomes a UFA next summer. He also expects defenseman Travis Dermott and winger Ilya Mikheyev will receive bridge deals.










NHL Rumor Mill – June 18, 2020

by | Jun 18, 2020

NHL Rumor Mill – June 18, 2020

​The latest on Kyle Palmieri, a busy off-season faces Sabres new GM Kevyn Adams and a brief note on Chris Tanev in today’s NHL rumor mill.

PALMIERI HOPES TO REMAIN A DEVIL

New Jersey Devils winger Kyle Palmieri (Photo via NHL Images).

NORTHJERSEY.COM/NJ.COM: Nick Gantaifis and Randy Miller report Kyle Palmieri hopes to remain part of the New Jersey Devils’ rebuilding plans. The 29-year-old winger is a year away from becoming an unrestricted free agent.

“Without a doubt,” Palmieri said Tuesday in a media conference call. “I do love being in New Jersey. I love being close to home. And I have a ton of belief in this organization moving forward as to what we’re building, and I hope to be a part of it.”

Gantaifis notes Palmieri and the Devils might ordinarily open contract extension talks on July 1. Given the uncharacteristic and premature start to the off-season, that target date remains uncertain.

“It’s a big unknown,” Palmieri said. “Obviously, the calendar and important dates haven’t really been set yet. There’s so much up in the air and so much to figure out as far as the return to play and figuring all that stuff out.”

Miller suggests Chris Kreider would be a good comparable for Palmieri. The New York Rangers winger signed a seven-year, $45.5 million extension in February. Both are the same age and have roughly similar stats. Kreider’s averaged 23 goals and 46 points over the past five seasons, while Palmieri’s averaged 26 goals and 50 points since 2015-16.

SPECTOR’S NOTE: Kreider is a fair comparison for Palmieri. With over $36 million invested in eight players for 2021-22, the Devils can easily afford to pay Palmieri over $7 million annually.

Of course, that figure will rise this year because of their anticipated re-signings of key free agents such as Mackenzie Blackwood and Jesper Bratt. It could go significantly higher if they bring in talent via trades or free agency in the off-season A flat salary-cap for 2021-22 could also affect the Devils cap room.

Palmieri’s contract talks also remain in limbo because ownership hasn’t decided if interim general manager Tom Fitzgerald will stay in that role on a full-time basis. A new GM could have a different opinion of Palmieri’s value. If so, we could hear his name mentioned a lot as the 2021 trade deadline rolls around.

NEW SABRES GM FACES A BUSY OFF-SEASON

THE SCORE: John Matisz examined a lengthy to-do list for Kevyn Adams, who was named earlier this week as the new general manager of the Buffalo Sabres.

Re-signing winger Sam Reinhart and goaltender Linus Ullmark to fair deals, being cautious with pending UFAs like Wayne Simmonds and Michael Frolik, and sorting out the future of defenseman Rasmus Ristolainen are among the key issues.

SPECTOR’S NOTE: Reinhart and Ullmark are restricted free agents with arbitration rights. As one of the Sabres’ leading scorers, Reinhart will likely seek a multi-year deal worth around $6 million annually. Ullmark has less of an established body of NHL work on his resume, giving Adams more leverage in negotiations.

Matisz pointed out Adams has no previous ties to Simmonds and Frolik. He could opt to cut them loose and pursue better UFA options.

Sabres coach Ralph Krueger recently expressed his wish to coach Ristolainen again next season. We’ll find out soon enough how much sway he has with his new boss.

 










NHL Rumor Mill – June 6, 2020

by | Jun 6, 2020

NHL Rumor Mill – June 6, 2020

Recent updates on the Red Wings and the latest on Chris Tanev in today’s NHL rumor mill.

RECENT RED WINGS SPECULATION

DETROIT FREE PRESS: In a recent evaluation of the Red Wings’ roster, Helene St. James doesn’t expect Jimmy Howard, Trevor Daley, Jonathan Ericsson will be back. They’re unrestricted free agents at the end of this season.

St. James believes restricted free agents Tyler Bertuzzi, Anthony Mantha, Robby Fabbri, and Adam Erne will be re-signed. Defenseman Madison Bowey was placed on waivers during the regular season, but there’s little risk in re-signing him for another year. RFA winger Brendan Perlini isn’t expected back.

Could the Detroit Red Wings pursue Torey Krug in this year’s UFA market? (Photo via NHL Images)

Winger Justin Abdelkader could face waivers next season if his performance doesn’t improve.

THE HOCKEY NEWS: Matt Larkin observed the Wings will have about $35 million in salary-cap space for 2020-21. With only 11 players under contract, general manager Steve Yzerman will still have to spend even after re-signing key players like Bertuzzi and Fabbri.

Larkin wondered if the stage was set for Michigan native Torey Krug to join his boyhood club. The 29-year-old Boston Bruins defenseman is an unrestricted free agent after this season.

SPECTOR’S NOTE: Larkin joins several pundits wondering if Yzerman might woo Krug home to the Wings. If the blueliner tests the UFA market and is keen to join the Wings, Yzerman could make a pitch.

Nevertheless, Yzerman recently said he’s looking at making sensible signings to provide his young core with some short-term experienced depth. If that’s the plan, he won’t be pursuing big-ticket UFA talent like Krug.

Even if Yzerman was willing to go that route, there’s no guarantee Krug or the other top UFA players will want to sign long-term deals with the rebuilding Wings.

LATEST ON CHRIS TANEV

SPORTSNET: Iain MacIntyre reports Chris Tanev feels at home with the Vancouver Canucks and hopes to stay. The 30-year-old defenseman has spent his entire NHL career with the Canucks, but he’s an unrestricted free agent at season’s end.

Before the pandemic struck and cast everything in doubt, including next season’s salary cap, Tanev was considered a second priority for the Canucks to re-sign following goalie Jacob Markstrom and winger Tyler Toffoli. The blueliner said he can see players sign one-year deals in the hope the league’s finances improve next season.

SPECTOR’S NOTE: Cap Friendly indicates the Canucks have over $63.4 million invested in 14 players. Along with Tanev, Markstrom and Toffoli, Jake Virtanen, Josh Leivo, Adam Gaudette, Troy Stecher, and Tyler Motte must be re-signed or replaced.

Unless the Canucks shed a salary or two, they won’t have room for everybody, especially if they re-sign Markstrom and Toffoli. However, uncertainty over the league’s revenue could work in their favor if some of those free agents are willing to accept one-year deals at affordable prices.










NHL Rumor Mill – April 29, 2020

by | Apr 29, 2020

NHL Rumor Mill – April 29, 2020

Check out the recent Canucks, Penguins, and Red Wings’ speculation in today’s NHL rumor mill.

CANUCKS

NBC SPORTS: James O’Brien believes the Vancouver Canucks need a lot of help on defense. He also pointed out they’re top-heavy on offense. Starting goalie Jacob Markstrom is an unrestricted free agent at season’s end, while backup Thatcher Demko is only signed through next season.

O’Brien believes general manager Jim Benning will try to use the draft and the trade market to bolster the supporting cast around Elias Pettersson, Brock Boeser, and Quinn Hughes. He also wondered if they’ll break the bank to re-sign pending UFA winger Tyler Toffoli or sign 30-year-old pending free agent blueliner Chris Tanev to a risky contract.

THE ATHLETIC: Harman Dayal and Thomas Drance think Tanev, Jordie Benn, and Sven Baertschi are the Canucks most likely to move on. Moving Benn and Baertschi would free up valuable salary-cap space. They also suggest Brandon Sutter could be a realistic ordinary course buyout candidate. Moving veteran winger Loui Eriksson ($6 million annual average value through 2021-22) could be difficult, while it’s uncertain if the Canucks can re-sign Toffoli.

Will the Vancouver Canucks re-sign goaltender Jacob Markstrom? (Photo via NHL Images)

SPECTOR’S NOTE: Considering how the Canucks struggled when Markstrom was sidelined by a knee injury, re-signing him should be their priority, followed by boosting their blueline corps. With over $63.4 million invested in 14 players for 2020-21, they’ll have around $18 million to work with if the cap remains at $81.5 million next season. There’s enough to re-sign Markstrom, but it will cut deeply into their available payroll.

A couple of cost-cutting moves will help, but finding a suitable deal under a flat cap won’t be easy. It’ll certainly make the chances of moving Eriksson more difficult, even with his actual total remaining salary dropping to $5 million after his signing bonus is paid out on July 1. A compliance buyout would help here, but there’s no certainty the league and the NHLPA will implement that measure in the off-season.

PENGUINS

TRIBLIVE.COM: Seth Rorabaugh recently examined the Pittsburgh Penguins’ free agents. He feels it wouldn’t be unreasonable for RFA goalie Matt Murray to seek a hefty contract extension comparable to Tampa Bay’s Andrej Vasilevskiy ($9.5 million AAV) or Winnipeg’s Connor Hellebuyck ($6.16 million AAV) because he’s had better postseason success. However, it’s also not unreasonable for the Penguins to consider a more affordable option such as re-signing fellow RFA Tristan Jarry.

Rorabaugh doesn’t expect UFA winger Patrick Marleau to return to the Penguins after this season. Justin Schultz‘s difficult 2019-20 season and the emergence of rookie defenseman John Marino likely signals the end of his tenure in Pittsburgh. Rorabaugh doesn’t rule out the Pens re-signing Conor Sheary if the price is right.

SPECTOR’S NOTE: The Penguins have over $68.2 million tied up in 15 players for next season. It’ll be interesting to see what the Penguins do with Murray and Jarry.

Ideally, GM Jim Rutherford would probably sign both to short-term contracts and take more time to evaluate their performances before settling on which one should be their starter. With both goalies carrying arbitration rights, that might be possible, but all concerned might prefer avoiding that route. If they have to part with one or the other, Casey DeSmith is ready and able to step into the backup position.

RED WINGS

DETROIT FREE PRESS: Helene St. James reports acquiring a new starting goaltender is among the off-season tasks facing Red Wings GM Steve Yzerman. The Washington Capitals’ Braden Holtby is the best of this summer’s UFA goalies, but St. James believes he’d be reluctant to join a rebuilding club like the Wings.

More realistic options could include the Calgary Flames’ Cam Talbot, the Boston Bruins’ Jaroslav Halak, the Dallas Stars’ Anton Khudobin, the New York Islanders’ Thomas Greiss, and the Vancouver Canucks’ Jacob Markstrom.

SPECTOR’S NOTE: Talbot and Markstrom have more recent starter experience. Halak, Khudobin, and Greiss are better backup options for clubs with a skilled starter. The Wings have plenty of salary-cap room ($46.2 million committed to 11 players) to make a substantial bid for one of them. Whether they’ll accept it, or if Yzerman intends to go the UFA route to boost his goaltending, remains to be seen.