Monday: Russo again writes that the contract should be done by Thursday at the start of camp, and that it will likely be either three or four years in length. Despite what CapFriendly says about the team’s current projected cap hit, Russo writes that the team has “roughly $3.7MM” in space before signing Foligno. There is some grey area depending on who the Wild keep out of training camp, but if the team carries any extra skaters (which they assuredly will) that room becomes even more constricted.
Friday: The last few restricted free agents are starting to sign around the league, with Bo Horvat going off the board today with the Vancouver Canucks. One of the remaining RFAs, Marcus Foligno told Michael Russo of The Athletic that he’s “very close” to signing, and that it would be done by the start of training camp.
Foligno was acquired from the Buffalo Sabres earlier this offseason in the Marco Scandella and Jason Pominville trade, and could be a solid addition to the Wild’s bottom-six. His game is based mostly around physicality and defense, and with the forward depth Minnesota already has in terms of skill, Foligno should fit in alongside Joel Eriksson Ek and Charlie Coyle as an impressive third line. The former Sabre set a career-high in goals with 13 last season, and could eclipse that this year depending on how much playing time he receives.
Interestingly, Foligno is coming off a salary of $2.25MM, which if matched would put the Wild over the salary cap at the time being. The additions of Kyle Quincey, Matt Cullen and the pair of Buffalo forwards, combined with extensions for Nino Niederreiter and Mikael Granlund has put the team right up against the cap to start the year.
I’m a supporter of salary caps in general but I think the NHL’s is just a bit too low.
JD, you are accurate with you post. Finally, someone with a brain. Good luck to you brother.