With the Expansion Draft fast approaching, many players are expected to be approached themselves about waiving the No-Movement clauses attached to their contracts as their teams look to strategically navigate the strict expansion process. In his weekly “30 Thoughts” article posted this afternoon, Sportsnet’s Elliotte Friedman states that he has heard that two big-name defenseman, Dion Phaneuf and Keith Yandle, have already been asked for such a waiver by their respective teams.
The news on Phaneuf is not unexepected; in fact many people have suspected all season long that the Ottawa Senators may ask the veteran to waive his No-Movement clause. The Senators have too much forward depth to apply the eight-skater protection scheme for the Expansion Draft and must instead use the 7-3 scheme. Thus, only three Ottawa defenseman can be protected. All-world blue liner Erik Karlsson is an obvious lock and presumably the other two spots would go to shutdown two-way man Marc Methot and young Cody Ceci if Phaneuf does choose to waive. If he doesn’t, the Sens would face a difficult choice between the two or would be forced into striking a trade over the next week. Phaneuf’s situation is interesting in that he actually outscored Ceci and Methot combined in 2016-17 and he has was more or less a complete success in his first full season in Ottawa, capped off by a strong playoff. The ideal scenario for Ottawa is to retain all three defenseman, but after the season that Phaneuf had, as well as his status as a well-known player, it could entice the Golden Knights and a waiver could mean the Senators end up losing their second-best defenseman. On the other hand, exposing Ceci, and to some extent Methot, would almost ensure losing either of them as well.
The situation with Yandle is a much bigger story. The Florida Panthers acquired Yandle’s negotiating rights from the New York Rangers around this time last year and inked him to a massive seven-year, $44.45MM contract. Yandle bypassed free agency and potentially more money to become the long-term partner of Calder-winner Aaron Ekblad and, at age 30, seemed poised to be a Panther for the rest of his career. Now it seems that might not be true. After just one year, Florida appears open to moving on from Yandle. The Panthers face a difficult expansion scenario on defense with, like the Senators, too many promising forwards to protect four defenseman. Even if they could, Florida would really like to protect five: Ekblad, Yandle, Jason Demers, another 2016 free agency splurge, and young play-makers Alex Petrovic and Mark Pysyk. All five defenseman meet the number of games needed (40 this past season or 70 over the past two seasons) to qualify for the one-defenseman exposure quota, but Petrovic and Pysyk are impending restricted free agents and the other half of the exposure criteria is term remaining on a contract. Thus, only Ekblad, Yandle, or Demers could fill the quota, unless Petrovic, Pysyk, or Jakub Kindl were re-signed just to be exposed. With Ekblad untouchable and Yandle having a No-Movement clause, at this time Demers is the only choice to be the sacrificial lamb. Vegas will surely have some interest in the 28-year-old righty, whether it be to lead their own defense or to flip to another suitor. However, by asking Yandle to waive his clause, it appears that Florida is instead leaning toward keeping Demers to themselves. Why? In his first season with Florida, Yandle did play in all 82 games and recorded 41 points, a good season by any measure, but it was in fact the worst production of any full season to date for the 11-year veteran. The Panthers may be worried that, at 30-years-old, Yandle is already on the decline, while Demers and his cap hit of nearly $2MM less for four more years may be a better investment. It will be interesting to see whether Yandle indeed waives his clause or not, but make no mistake: like Demers, if Yandle is exposed he will be an easy choice for Vegas to select to either highlight their blue line or trade to a contender.