With the heavy lifting of free agency now over, most teams in the NHL will turn their attention to their own restricted free agents and the upcoming deadlines for salary arbitration. Tomorrow, July 5th, is the deadline for player-elected arbitration while teams get until Thursday, July 6th to notify of team-elected arbitration. Those terms may sound similar, but they come with a few key differences.
A team is only allowed to take two players to team-elected arbitration each season, and each player only once in his career. That means, if a team—any team, not only the one he’s currently with—has elected salary arbitration in the past, they may not do so again with that player. Last year, the only club-elected filing was with Petr Mrazek, who ended up signing a two-year deal with the team before his hearing. That won’t change the fact that no team can elect to take him to arbitration again, as the filing is all that counts.
The opposite side has the decision on whether the resulting contract will be a one-year or two-year, and in certain situations the club has “walk away” rights. If the arbitration award is more than ~$4.0MM (this number changes with the average league salary, and has yet to be set for this arbitration season) the team can decline one year of the contract, meaning if they’d selected a one-year deal the player would become an unrestricted free agent.
For a full breakdown of how the arbitration process works, make sure to check out our own Mike Furlano’s fantastic Capology 101 series from last year. The arbitration sections can be found here and here.
As for potential arbitration cases, it’s important to note that not all restricted free agents are eligible. Leon Draisaitl, and David Pastrnak among many others are still too early in their careers to elect arbitration, making any potential deal come down to their negotiations with the team. The Capology pieces have all the details on how it is determined, but some of the biggest names that are eligible are:
Mikael Granlund – 81 GP, 26 G, 43 A, 69 P
Granlund and fellow Minnesota Wild forward Nino Niederreiter—who has actually already filed according to Michael Russo of the Star Tribune—are both eligible for arbitration, and have some of the strongest cases in the group. Coming off his third straight 40+ point season, and a $3MM contract, should the Wild and Granlund not be able to reach a deal before his hearing he would be in line for a big raise.
Ryan Johansen – 82 GP, 14 G, 47 A, 61 P
There has already been reports of Johansen asking for an $8.5MM per year contract, which would make him one of the highest-paid centers in the league. Though his arbitration amount wouldn’t be that high, he has quite the case as one of the premiere up-and-coming talents in the league.
Alex Galchenyuk – 61 GP, 17 G, 27 A, 44 P
One of the most talked about RFAs in the league, Galchenyuk has simultaneously been the talk of much trade speculation and contract negotiation. The Canadiens are in active discussions with him, but if something can’t get done an arbitration date could settle the debate for them.
As with any year, most of the free agents that file for salary arbitration will sign a contract before a hearing ever happens. But with such a strong group of RFAs this year, we might be in for some interesting decisions as the time ticks down. After filing, the league will set hearing dates that should fall between July 20th and August 4th.
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