NHL Rumor Mill – August 15, 2020

Check out the latest on the Penguins and Wild in today’s NHL rumor mill.

PENGUINS

THE ATHLETIC (subscription required): Josh Yohe and Rob Rossi report rival team executives believe Pittsburgh Penguins general manager Jim Rutherford could explore trading Kris Letang, despite Rutherford saying he wanted to keep the blueliner among his core players. One executive claimed Letang still has value in the trade market.

Could the Pittsburgh Penguins explore trade possibilities for Kris Letang (Photo via NHL Images).

SPECTOR’S NOTE: Letang’s age (33), annual average salary ($7.25 million through 2021-22), and injury history are significant sticking points. While he has an 18-team trade list, his no-movement clause means he cannot be demoted to the minors. With two-thirds of the teams facing a cap crunch for 2020-21, moving Letang seems a remote possibility.

They also reported the Penguins’ decision to release assistant coach Sergei Gonchar isn’t a sign of renewed strain between head coach Mike Sullivan and Evgeni Malkin, who is close to Gonchar. Despite occasional disputes, management believes Malkin respects Sullivan. They also said Penguins captain Sidney Crosby let it be known last year that he doesn’t want Malkin traded unless the center asks to be moved. Malkin has indicated he wants to finish his career with the Penguins.

SPECTOR’S NOTE: Malkin’s name is always brought up by somebody in the rumor mill as a trade option whenever the Penguins fall short of expectations. Yohe and Rossi remind us he’s got a full no-movement clause, giving him full control over his NHL future for the remainder of his contract, which expires in 2022. Malkin’s not going anywhere unless he wants out, and he isn’t interested in that option.

Yohe also believes Matt Murray could be on his way out, suggesting he needs a change of scenery. He anticipates Rutherford will find a way to move center Nick Bjugstad, who has a year remaining on his contract worth $4.1 million. He also doesn’t rule out Jared McCann and Zach Aston-Reese becoming trade candidates.

SPECTOR’S NOTE: Unless Rutherford sheds salary, the Penguins cannot afford to re-sign Murray and fellow RFA goaltender Tristan Jarry. I think Murray hits the trade block following the postseason.

Yohe doesn’t expect pending unrestricted free agents like Justin Schultz, Patrick Marleau, and Conor Sheary will be back.

WILD

THE ATHLETIC (subscription required): Michael Russo recently raised several questions about possible offseason moves by the Minnesota Wild.

One was whether Wild GM Bill Guerin would bundle some assets, including either Jonas Brodin or Matt Dumba, to acquire a first-line center, or attempt to sign one via free agency. Russo also wondered if Guerin might shop one of his goalies, acquire one via trade or free agency, and/or promote promising Kaapo Kahkonen.

SPECTOR’S NOTE: Dumba would have better trade value, and might even fetch a first-line center in a one-for-one swap. That move, however, would address one problem but create another, as Dumba is (in my opinion) their best defenseman. Guerin will have to look to the trade market as this year’s UFA market is thin on quality centers. 

As for their goalies, Russo pointed out adding one could mean buying out Devan Dubnyk, a move that could suggest Kahkonen’s not the goalie of the future. Dubnyk’s only got one year left on his contract. It might be worthwhile standing pat between the pipes and see how next season unfolds. They’ll have a better idea of Kahkonen’s readiness and can let Dubnyk walk via free agency.

Russo wondered if Guerin might revisit his failed trade-deadline attempt to ship Zach Parise to the New York Islanders. He also mused about buying out Dubnyk or Victor Rask if they can’t trade them, and if they’ll find a way to move expensive winger Mats Zuccarello, who also carries a no-movement clause.

SPECTOR’S NOTE: The attempted Parise deal was done before COVID-19 derailed the schedule and flattened the salary cap. I don’t see that trade happening, especially with the Isles’ limited cap space. Buying out Dubnyk and Rask creates around $4 million in dead cap space next season, over $2.1 million in 2021-22, and $1.33 million for each of the following two seasons.

The Wild are likely stuck with Zuccarello for a while unless he’s willing to waive his NMC and they’re willing to either pick up part of his $6 million AAV or bundle him with a sweetener like a high draft pick or top prospect.