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Minor Transactions: 09/23/22

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We’re just one day away from the official start of the NHL’s preseason calendar, with a unique slate of games scheduled for tomorrow. In addition to the Boston Bruins paying a visit to the Philadelphia Flyers, the Arizona Coyotes and St. Louis Blues will face-off against one another from Wichita, Kansas in a neutral-site contest. Perhaps most interesting are the Toronto Maple Leafs and Ottawa Senators, who seem to have pulled a page right out of the baseball playbook with the team’s playing a split-squad, day-night doubleheader including a 1:00 pm and 7:00 pm puck drop in Toronto. With all that action, there are several notes from around the league worth mentioning, primarily related to the opening of camp and the beginning of games, which we will keep track of here:

  • It appears the Arizona Coyotes have sent 2022 first-round pick Maveric Lamoureux back to juniors ahead of training camp (link). Given the defenseman’s age and raw skillset, as well as Arizona’s position in their rebuild, it wasn’t likely Lamoureux was going to make a major impact in camp and the team likely felt he was best served by heading back to the Drummondville Voltigeurs now rather than later.
  • Also sent back to juniors was Boston Bruins prospect Brett Harrison (link). A third-round pick in 2021, Harrison may have had the opportunity to raise eyes in training camp with Boston, however the forward projects to be a standout with the Oshawa Generals this season after tallying 61 points in 65 games last season. Oshawa kicks off its 2022-23 regular season in Barrie this Thursday.
  • A number of players have been officially activated off of injured-reserve today. Though many of these are not a surprise, some did come with question marks and in the wake of the recent injury updates around the league, particularly Sean Couturier of the Flyers, not everything can always be taken as a given. The Pittsburgh Penguins activated recently-signed forward Drake Caggiula (link). Moving out west, the Vancouver Canucks have activated forward Nils Hoglander and defenseman Tucker Poolman off of IR (link). In the desert, the Vegas Golden Knights activated forwards Brett Howden and Reilly Smith (link).

Snapshots: Hague, Pastrnak, Jets

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When Vegas Golden Knights training camp opens tomorrow morning, defenseman Nicolas Hague won’t be there as he awaits a new contract. The Athletic’s Jesse Granger reports that he isn’t expected to be on the ice with his teammates Thursday morning at City National Arena, the team’s practice facility.

Hague is one of the few remaining restricted free agents in the NHL, alongside Toronto Maple Leafs defenseman Rasmus Sandin and Dallas Stars forward Jason Robertson as the marquee names. Granger expertly notes that Hague missing camp is more detrimental than in previous seasons, as new head coach Bruce Cassidy will be installing a completely foreign defensive system from what the Knights have been used to in past seasons. Hague, the 34th overall pick in 2017, had 14 points in 52 games last season.

  • Speaking today during preseason media availability, Boston Bruins general manager Don Sweeney says it’s a priority for him to get pending free agent winger David Pastrnak signed as soon as possible. Pastrnak, while he’s expressed a strong desire to stay in Boston, hasn’t shared the same urgency in negotiations in previous reporting. Pastrnak, who’s notched 40 or more goals in his last two full seasons, will be in line for a substantial raise, and it may behoove Sweeney to get a deal done before his value rises even further.
  • The Winnipeg Jets have made three scouting hires, including the first woman scout in team history, Sydney Daniels. Daniels joins the team as an NCAA scout, having previously served as the assistant coach for the women’s team at Harvard. The team also brought on Jari Kekalainen, brother of Columbus Blue Jackets general manager Jarmo Kekalainen, as a European scout, and former Toronto Maple Leafs scout Tony Martino as a USHL scout.

Kurtis Gabriel Retires From Pro Hockey

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In a Twitter post Monday, forward Kurtis Gabriel announced his retirement from professional hockey after a nine-year career.

Gabriel, 29, spent last season with the Toronto Marlies and Rockford IceHogs in the AHL, also getting two NHL games with the Chicago Blackhawks. He also spent time in the Minnesota Wild, New Jersey Devils, Philadelphia Flyers, and San Jose Sharks organizations.

He retires with 371 AHL games under his belt, including 72 points and a whopping 639 penalty minutes. He had five points in 51 NHL games, totalling 153 penalty minutes as well.

With his 6’4″, 212-pound frame, Gabriel was one of the few prototypical enforcers left in pro hockey. Off the ice, he’s a strong advocate for the LGBTQ+ community. Well-loved wherever he played, Gabriel promises to have many post-career options if he wants to stay in the game.

The Newmarket, Ontario native was originally a third-round draft pick of the Wild in 2013.

Philadelphia Flyers To Sign Antoine Roussel To PTO

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Continuing with their offseason theme of becoming tougher and more difficult to play with, the Philadelphia Flyers will be bringing in veteran forward Antoine Roussel on a PTO. The move hasn’t been confirmed by the Flyers organization yet, however Roussel himself confirmed the news in an interview with Le Quotidie Numerique, a French-speaking paper. Players confirming their own transactions is not necessarily commonplace, but has happened in the past.

Should Roussel latch on with the Flyers, it would mark his fourth NHL team in his ten-year NHL career. One of a few NHLers born in France, Roussel signed as a free agent with the Dallas Stars in the summer of 2012, making his NHL debut later that season. The physical forward spent six years in Dallas, establishing himself as a regular in their lineup, bringing a physical style of play, the willingness to drop the gloves, as well as also a modest offensive game. To that end, Roussel tallied a career-high 29 points twice, including a career-best 14 goals in 2013-14. Roussel moved on to the Vancouver Canucks in the summer of 2018, signing a four-year, $12MM deal, but was sent to the Arizona Coyotes last offseason in the deal that brought Oliver Ekman-Larsson to Vancouver.

The 32-year-old no longer provides the offense he did once upon a time, recording just eight points in 53 games last season, and only four in 35 games the year prior. Still, Roussel does bring a solid defensive game and good penalty killing skills, as well as that toughness he has always been known for. Those skills should come in handy and make him an excellent fit with the Flyers, who are looking to add grit and experience to a lineup that, to some, didn’t seem to have it last year. Newly hired Head Coach John Tortorella has made clear that a slow start in Philadelphia is unacceptable, and adding a player like Roussel may help to that end, or could at least push other players already under contract to be the best versions of themselves.

New York Rangers To Sign Matt Bartkowski To PTO

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It appears the New York Rangers, who had been rumored to be looking to add some defensive depth, have found their man, signing defenseman Matt Bartkowski to a PTO for the upcoming preseason, according to CapFriendly. The addition is a smart, cost-effective way for the team to add a veteran into the mix in the preseason, insure themselves in case of any injuries to those above him on the depth chart, and give an added level of competition to the third-pair, left-defense battle that appears to be between Libor Hajek and youngster Zachary Jones. The Rangers have not yet confirmed the transaction.

Bartkowski comes to the Rangers as an experienced journeyman, dressing for four NHL teams and three AHL teams over his 12-year professional career. A seventh-round pick of the Boston Bruins in 2008, the defenseman got his start with the Lincoln Stars of the USHL, where he spent two years prior to joining The Ohio State University for a pair of seasons. Bartkowski turned pro at the start of the 2010-11 season, primarily suiting up for the AHL’s Providence Bruins, but did see a handful of games in the NHL with Boston. His main NHL action came between 2013 and 2016, where he suited up for 191 games between Boston and the Vancouver Canucks.

The veteran received a PTO offer last offseason as well, joining the Pittsburgh Penguins for camp. While it didn’t result in an NHL offer, he was able to play a key role over a full season on the backend for the Scranton/Wilkes-Barre Penguins. Now 34, the defenseman is likely to use this opportunity to prove he still belongs in the NHL and push for time on the Rangers’ third-pairing, which appears to be welcoming competition.

Right now, the Rangers project to already have seven defenseman under contract and bound for the NHL roster, however two of those players, Jones and Braden Schneider, are relatively young and inexperienced. Presumably the team would like to roll with those two, but with the possibility of having them paired together and for the sake of testing their competitiveness with several veterans in camp, players like Bartkowski, Hajek, and Andy Welinski, who the club signed back in July, could prove valuable in the roles they serve.

Snapshots: League Revenue, Coyotes Arena, Mesar

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As many of the league’s bright young stars convened today at the Lifeguard Arena in Henderson, Nevada for the North American Player Media Tour, NHL Deputy Commissioner Bill Daly had a chance to meet with the media to discuss a wide range of topics relevant to the league. Daly touched on a recent wave of women being hired and promoted into upper-level management roles with NHL teams, the promising overall start to the Seattle Kraken franchise, the youth movement of NHL teams, the Arizona Coyotes arena situation, and the league’s revenue.

There’s been much speculation around the league’s revenue projections and what it could mean for a significant raise to the salary cap ceiling moving forward. Given the agreement between players and team owners to split revenue 50/50, revenue being naturally down due to the impact of COVID-19, and the players need to pay the difference back in escrow, the salary cap has had to remain relatively flat the past few seasons. The expectation has been that the cap will rise by $1MM next offseason before seeing a meaningful increase ahead of the 2024-25 season, with some speculation that it could happen even sooner. Much of that was confirmed by Daly, who reported a league-record in revenue for this past season, the first time its surpassed $5BN. With the unprecedented revenue last season, one which was still impacted by COVID-19, Daly said that if they see the same kind of excess revenue this season, the timeline for a significant cap increase could come sooner than expected. Ultimately, Daly still believes that based on their current projections for 2022-23, that increase may have to wait another year.

  • Also from Daly’s availability, the Deputy Commissioner was optimistic about the state of the Arizona Coyotes and their short and long-term arena plans. Daly cited the Tempe City Council’s approval of their proposed arena plan in the city, which does still need further approval, as a positive. He also referenced the positive impact playing in an arena of that size could have on the players, expecting it to be filled nightly, thus enhancing the atmosphere, as well as the relative success of this strategy with the NFL’s Los Angeles Chargers and their brief stint in an MLS stadium while their current stadium was being built. Finally, when asked about the duration the team might have to spend playing at Arizona State University, Daly said the worst case scenario appears to be three years, while the best case would be two. No matter which way you frame it, this situation is surely difficult and awkward for the team and the league, however seeing the silver linings laid out does give the team some hope as it rebuilds not only on the ice, but off of it too. Final approval on a new arena plan and setting it into motion would be the best possible outcome for the organization, and when it happens, it could certainly have major, immediate impacts on the team and fanbase.
  • As prospect games got underway today, including one contest between the Buffalo Sabres and Montreal Canadiens featuring prospect Filip Mesar, The Athletic’s Arpon Basu provided an update on Montreal’s plans for Mesar for the upcoming season. Basu reports the team isn’t sure if they would like Mesar to play with the Laval Rocket, their AHL affiliate, or with the Kitchener Rangers of the OHL, who hold Mesar’s rights. However, it appears clear Mesar will not be returning Europe for the upcoming season. The 26th overall selection from this year’s NHL draft, Mesar played the last two years for Poprad in his native Slovakia, recording 30 points in 73 games over the two campaigns. The decision not to keep Mesar in Europe makes sense, given the need to help him adjust to North American ice and its style of hockey. Deciding between the AHL and OHL could be tough, as the OHL won’t give Mesar opportunities to play against older and more experienced competition, but will give him experience as a top of the lineup player, like Montreal hopes he will be. The AHL will give Mesar a taste of what playing in the NHL will be like in some respects, but may be a bit too advanced for him to see the top of the lineup and thrive like he might in Kitchener.

Examining The Recent History Of Montreal Canadiens Captains

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When any NHL team names a captain, it’s big news — but even more so when it’s the most storied franchise in the history of the sport. That’s what happened today when the Montreal Canadiens named Nick Suzuki the 31st captain in team history, the first captain of Asian descent in team history (and only the second ever in the NHL after Paul Kariya), and the youngest Canadiens captain in quite some time at 23 years old.

11 months to the day after signing an eight-year extension to stay a Hab well into his prime, Suzuki adds his name to a storied list that’s worth taking a look at. While doing so would be a nearly academic-length exercise if done all the way back to the beginning of the franchise, taking a look back at the leaders of the Canadiens in recent memory still helps offer some context for the type of echelon Suzuki joined today.

Perhaps the most universally beloved Habs captain in recent memory is Saku Koivu. Serving from 1999 to 2009, his nine-year shift as captain is the longest for a Canadien since Jean Beliveau held the role from 1961 to 1971. Despite some great memories, though, Koivu’s era was not defined by playoff success. The team failed to make it out of the second round despite three appearances in that timeframe (2002, 2004, 2008). In the regular season, the Koivu-captained Canadiens had a 324-290-44-62 record, good enough for a .535 points percentage.

Ironically enough, the Canadiens finally made it to the Conference Final in 2009-10 after Koivu’s departure for the Anaheim Ducks. In their first season without a captain in their entire franchise existence, the Habs went on a memorable Cinderella run as the eighth seed, bowing out to the Philadelphia Flyers in five games in the Eastern Conference Final.

Next up at the helm was Brian Gionta, the first American to serve at least a full season as captain in franchise history. Gionta, a free agent signing prior to the 2009-10 season, was the captain for 2010-11 through 2013-14. In 242 games as captain, Gionta scored 69 goals and 127 points, a step back from his previous production in New Jersey and during his first season in Montreal. The Canadiens did make it back to the Eastern Conference Final in the last season of his tenure, though, this time losing to the New York Rangers with Carey Price injured during the final series.

After another vacant season in 2014-15, another American took the helm: Max Pacioretty. The team’s 2007 first-round pick had come off back-to-back 60-point seasons and was even named to the US Olympic team in 2014, cementing himself as one of the top players in the game at the time. He continued that production in his first two seasons as captain, rattling off 30-goal and 35-goal seasons, before taking a serious step back in 2017-18. His goal total dipped to just 17 in 64 games and he had just 37 points total on the year. The team also made just one playoff appearance with Pacioretty as captain, where he had just one assist in six games.

It turned out to be a captain-for-captain swap the following offseason, as a summer 2018 deal sent Pacioretty to the young Vegas Golden Knights in exchange for a package that included then-prospect Nick Suzuki. Four years later, Suzuki has cemented himself as the future of the franchise long-term with a captaincy and long-term extension in place.

In the bridge between Pacioretty and Suzuki, the now retired-due-to-injury Shea Weber served admirably in the meantime. His last act as captain will be remembered for years, leading the 16th-seeded Canadiens all the way through to the Stanley Cup Final in the COVID-shortened 2020-21 season before bowing out to career-ending injury.

2022 PTO Tracker

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With training camps set to begin in just over a week, teams continue to invite players to their season-beginning festivities on professional tryout deals. Players who fail to secure a contract in free agency will try and make their case throughout camp and preseason to receive an NHL contract to stay in the organization or play well enough to draw the attention of another team. Teams also look to PTOs to fish for good options for NHL roster depth, players who can serve as healthy scratches but step into the lineup if needed.

This list does not include players attending rookie camp on PTOs, but rather separately announced PTOs for the purpose of attending training camp with the shot of earning an NHL contract.

Anaheim Ducks

D Nathan Beaulieu
D Nikolas Brouillard
C Brent Gates
D Josh Healey
LW Dmitri Osipov

Arizona Coyotes

D Grigori Dronov

Boston Bruins

RW Keltie Jeri-Leon

Carolina Hurricanes

D Calvin de Haan
C Derek Stepan

Columbus Blue Jackets

C Liam Hawel
RW James Neal

Calgary Flames

C Cody Eakin
D Michael Stone

Edmonton Oilers

RW Justin Bailey

Florida Panthers

G Andrew Hammond
C Eric Staal

New York Rangers

LW Jimmy Vesey

San Jose Sharks

D Scott Harrington

St. Louis Blues

RW Tyler Pitlick

Toronto Maple Leafs

LW Zach Aston-Reese
G Dylan Ferguson

Vancouver Canucks

D Danny DeKeyser

Vegas Golden Knights

D Will Riedell

Poll: Which Veteran Goalie Will Sign The Biggest Contract Next Offseason?

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The goalie market this offseason was a busy one, with many teams looking to address their needs, but seeming to find less options than there were spots to fill. Some teams who had the need for several years were able to finally address it, like the Edmonton Oilers signing of All Star Jack Campbell and the New Jersey Devils acquisition of Vitek Vanecek. Some who found out rather abruptly that they would be needing help in net, like the Toronto Maple Leafs, who lost Campbell, addressed it by signing Ilya Samsonov and acquiring Matt Murray. Others, who didn’t seem to be in urgent need of goalie help went out and found it anyways, like the Ottawa Senators with Cam Talbot and the Washington Capitals with Darcy Kuemper.

With all the shuffling, it seems many teams are now set in goal, or at least hope that they are. But, just as the demand maybe subsides, the supply on next year’s market will be rather rich. There appears to only be one star that will be available, that being Pittsburgh Penguins netminder Tristan Jarry, but after that, a bevy of veteran backstops, capable of being a quality starting goalies, will be on the market. Joining them are a large group of capable backups like Jonathan Bernier, Laurent Brossoit, Jaroslav Halak, and Antti Raanta, as well as a pair of intriguing, less experienced options like Adin Hill and Alex Nedeljkovic.

But, it’s this group of veterans who could pose an interesting shuffle, obtaining potentially very similar contracts based on their performance this season. Of course, the 2022-23 campaign will have a major impact on their value heading into the offseason, but for now, a compare and contrast of these five similar options could be an interesting exercise.

Jake Allen

Contract: Two years, $5.75MM ($2.875MM AAV)

2021-22 Stats: 35 GP, 9-20-4, 2 SHO, .905 SV%, 3.30 GAA

Career Stats: 353 GP, 168-126-35, 23 SHO, .911 SV%, 2.60 GAA

Once considered one of the most exciting goalie prospects of his generations, Allen never panned out as a superstar in net, however he has become a reliable starting and backup goalie, depending on the role he’s put in. Allen spent his first seven NHL seasons with the St. Louis Blues, earning the majority of playing time between 2015-2018, but a surprising breakout performance from Jordan Binnington in 2018-19 pushed Allen into a backup role. After the 2019-20 season, with one year at $4.35MM left on his contract, the Blues shipped Allen to the Montreal Canadiens for a pair of seventh round picks.

His numbers since heading north of the border haven’t been what they once were, but the real regression came when the team around him regressed in 2021-22. Allen’s next deal may very well resemble the one he signed in the 2021 offseason, but a strong rebound performance, considering the context of how the Canadiens perform around him, could increase not only increase his AAV, but also the term for the 32-year-old.

Frederik Andersen

Contract: Two years, $9MM ($4.5MM AAV)

2021-22 Stats: 52 GP, 35-14-3, 4 SHO, .922 SV%, 2.17 GAA

Career Stats: 445 GP, 261-114-51, 23 SHO, .916 SV%, 2.59 GAA

A four-time All Star and two-time Jennings Trophy winner, receiving one of each in 2021-22, the answer might seem obvious that Andersen would sign the biggest free agent deal of any goaltender in 2023, even better than Jarry. But, the former Maple Leafs star netminder doesn’t come without his concerns and that could hamper his open-market potential. After breaking out with the Anaheim Ducks from 2013-2016, Andersen was dealt to Toronto where he continued to develop into one of the league’s best, posting three straight seasons of at least 60 starts and no less than a .917 SV%.

The success, however, began to taper off and in 2019-20, Andersen regressing slightly to a .909 SV% and 2.85 GAA. The 2020-21 season would be no better, his numbers dropping to a .895 SV% and 2.96 GAA as the veteran dealt with injuries. Ultimately, Campbell took over the net for Toronto and that offseason, Andersen was left to hit free agency, signing his current deal with the Carolina Hurricanes. The goalie found tremendous rebound success in Carolina and was even receiving Vezina Trophy consideration before injuries ended his season on April 16th, just weeks before the playoffs were set to begin. If Andersen can continue his strong performance and show that injuries are a thing of the past, he may be the runaway favorite in this poll, but it’s been several years since the soon-to-be 33-year-old has compiled a fully-healthy season.

Jonathan Quick

Contract: Ten years, $58MM ($5.8MM AAV)

2021-22 Stats: 46 GP, 23-13-9, 2 SHO, .910 SV%, 2.59 GAA

Career Stats: 712 GP, 359-262-78, 56 SHO, .913 SV%, 2.42 GAA

An unlikely name on this list for several reasons, Quick re-emerged as an important piece in net for the Los Angeles Kings as the team itself awoke from a semi-lengthy rebuild in 2021-22. Quick still wasn’t the star he had been from 2009-2017, but after several seasons of poor play and injuries, it was a return to being the steady presence in net that the Kings had historically expected from the 36-year-old. Los Angeles had been hoping to transition the net from Quick to Calvin Petersen, especially after giving the younger netminder a three-year, $15MM contract set to begin this season, but Petersen’s struggles have given Quick new opportunity and thus new life.

Turning 37 in January, with recent history considered, even another strong showing is unlikely to propel Quick to a big payday, but if he can show that he’ll be among those goaltenders who age gracefully, his long resume as a reliable, two-time Cup winning goaltender will reward him in free agency.

Cam Talbot

Contract: Three years, $11MM ($3.667MM AAV)

2021-22 Stats: 49 GP, 32-12-4, 3 SHO, .911 SV%, 2.76 GAA

Career Staats: 396 GP, 201-142-34, 27 SHO, .915 SV%, 2.63 GAA

After several up-and-down seasons in a few cities after his trade from the New York Rangers, Cam Talbot appeared to finally settle in and take the next step with the Minnesota Wild in 2020-21, sharing the net with Kaapo Kahkonen. But, 2021-22 threw a wrinkle into the equation by no fault of Talbot, as the team dealt Kahkonen to the San Jose Sharks and brought in future Hall of Famer Marc-Andre Fleury. The Wild in turn gave the majority of the playing time to Fleury, leaving Talbot to back up. Talbot had hoped to remain in Minnesota and show he could take the net back, but after Minnesota chose to re-sign Fleury, Talbot was shipped to the Ottawa Senators, where he figures to see the bulk of playing time.

Turning 36 next July, Talbot may not see the term some of the other goalies on this list might be able to find, but much like Quick, proof he can age well in the role may ultimately work in his favor. The key for Talbot will be to show, besides his ability to age well, that his up and down career is no more, and that the solid performance in the State of Hockey was not merely an extended “up,” but is instead the new normal for the University of Alabama-Huntsville product.

Semyon Varlamov

Contract: Four years, $20MM ($5MM AAV)

2021-22 Stats: 31 GP, 10-17-2, 2 SHO, .911 SV%, 2.91 GAA

Career Stats: 560 GP, 261-211-62, 36 SHO, .916 SV%, 2.64 GAA

When the New York Islanders allowed Robin Lehner to walk after a breakout season where he was named a Vezina Trophy finalist in order to sign Varlamov, many around the hockey world raised their eyebrows. As good as Lehner has been, the decision to bring in Varlamov has paid dividends on Long Island, as the veteran teamed up with Thomas Greiss and later his fellow countryman Ilya Sorokin to create a formidable tandem in net. However over the life of the deal, Varlamov’s role has diminished, going from a starter to something closer to a backup. Part of that has been out of Varlamov’s control with the emergence of Sorokin as one of the league’s better goalies, but 2021-22 did Varlamov no favors either.

Though his numbers were not objectively bad, it was a step back from the player he had been the two years prior. A rebound from Varlamov, especially one that forces the Islanders’ hand to take time from Sorokin and give it to the veteran will certainly boost his value on the open market. Turning 35 in the spring and still capable of taking a significant slate of games in net for a team, Varlamov will have plenty of interest on the open market, but securing the largest deal out of these five will require a performance more similar to what we saw in 2019-20 and 2020-21.

Considering these options, who is most likely to find the biggest contract on the open market? All are legitimate NHL goaltenders likely capable of holding their own net in 2023-24 and beyond, though none are considered stars. Andersen may be the closest to a star, however his recent injury struggles could make teams wary. If it’s durability a team is looking for, Varlamov might be a safer bet, but recent performance is trending in the opposite direction, albeit not enough to scare an organization off. Either way, 2022-23 will go a long way to understanding what this market becomes, but entering the new season, who sits in the best position?

Which Veteran Goalie Gets The Biggest Deal?
Frederik Andersen 54.09% (469 votes)
Semyon Varlamov 20.88% (181 votes)
Jake Allen 8.88% (77 votes)
Jonathan Quick 8.30% (72 votes)
Cam Talbot 7.84% (68 votes)
Total Votes: 867

Trade Rumors app users, click here to vote.

This Day In Transactions History: Max Pacioretty Traded To Vegas Golden Knights

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Most teams could only hope to have a draft like the Montreal Canadiens did in 2007, selecting Ryan McDonagh, Max Pacioretty, and P.K. Subban with their first three picks. McDonagh would ultimately be dealt before he could ever dress for Montreal, sent as the centerpiece in the Scott Gomez trade, one which overwhelmingly favored the New York Rangers. Subban and Pacioretty, along with Carey Price, went on to form the core of some formidable Canadiens teams in the mid 2010’s. Following the 2015-16 season, needing to rebound from their first playoff miss in several years, Montreal dealt Subban in one of the biggest one-for-one deals in not only the league’s history, but sports history, sending him to the Nashville Predators for Shea Weber.

The Subban for Weber swap helped Montreal rebound to a playoff berth in 2016-17, but a dreadful 2017-18 forced the organization to re-think things and just before teams were set to hit the ice for training camp, they dealt their star forward and team captain in Pacioretty to the Vegas Golden Knights. Vegas, having burst onto the scene in their first season just a year prior, were looking to make a splash in order to hopefully get over the hump and win the Stanley Cup, falling just short in their first try. Acquiring the regular 30-goal-scorer wasn’t cheap though, Vegas paying handsomely in the amount of  Tomas Tatar, Nick Suzuki and a 2019 second-round pick. The return, put plainly, sounds large, but perhaps fair considering the practice of giving something to get something, Vegas giving up a solid veteran point producer, a then-unproven prospect, and a second-round pick out of their bevy of draft picks and receiving a guaranteed star who immediately signed an extension in return. But, with the benefit of time and context, the perception of the deal now has certainly changed.

To give some perspective on how dynamic this trade ended up being for the Golden Knights, the Canadiens acquired a 60-point forward, a prospect who would become one of the young faces of their franchise, and a second-round pick and there is seemingly less to say on their end. Moving Pacioretty, a star and captain, was surely not an easy move for the Montreal organization to make, but one they felt necessary, especially given the return. Tatar would go on to have 58 and 61 point seasons, the latter coming in just 68 games. His third and final season with the team, 2020-21, saw him dip to 30 points, albeit in 50 games in the COVID shortened campaign, but with just five playoff games amid a deep playoff run. Worth mentioning, the second-round pick was unceremoniously flipped to the Los Angeles Kings for a third and fifth-round pick.

The real prize in the trade, and one that perhaps keeps Vegas management and fans up at night is Suzuki. The 13th overall selection in 2017, Vegas’s second of that evening, Suzuki hadn’t yet debuted for Vegas before he was dealt to Montreal. After the move, the forward spent another season in the OHL, where he wasn’t immune to trade either, dealt midseason from the Owen Sound Attack to the Guelph Storm. Still, none of it phased Suzuki, who had another outstanding junior season. The young forward made his NHL debut for Montreal the following season, finding breakout success in the shortened 2020-21 season, playing a pivotal role in Montreal’s near miss of a Stanley Cup. Following that season (more specifically, October), The Canadiens inked Suzuki to an eight-year, $63MM extension beginning in 2022-23 with the expectation that he could lead the next great set of Montreal teams.

The Vegas side of this blockbuster is a lot murkier. They certainly gave up a lot to get Pacioretty, but that isn’t always the issue with a trade. In fact, the winger brought back as much if not more value than they were expecting. Point for point, Pacioretty had some of his best seasons in Vegas, highlighted by a 51 point performance in 48 games during the shortened 2020-21 season, the only time he hit the point-per-game mark in his career. The real issues for the Golden Knights would be two-fold: (1) money, and (2) when all was said and done, what went in and what went out.

Upon acquiring the Montreal captain, the Golden Knights immediately signed him to a four-year, $28MM extension that began in 2019-20. That deal was fine at the time, Vegas then still in the envious position of being competitive but also utilizing their cap to help other teams for the right price. But, as the contract went on, Vegas continued to spend liberally to reward their successful core and also bring in new assets to help them out. With that, their cap situation became tighter and tighter and Pacioretty’s $7MM cap hit grew more and more imposing. Finally, with the addition of Jack Eichel and his $10MM cap hit part-way through last season, the bubble was set to burst this offseason and Vegas needed to shed a big contract. That would end up being Pacioretty.

As talented as Pacioretty still is, his $7MM cap hit on top of his recent injury history, made taking him on a questionable decision for many teams. Vegas was able to find a suitor, and though they didn’t have to pay anything significant to offload his contract, they received merely future considerations for a player who had 194 points in 224 games for them over the previous four seasons (as well as Dylan Coghlan).

The other troubling aspect of this deal is a completely separate trade made several months prior. At the 2018 trade deadline, with assets in hand and a surprising playoff berth in sight, Vegas made a splash by acquiring Tatar from the Detroit Red Wings. Tatar, like Pacioretty here, didn’t come cheap, as Vegas sent a first, second, and third round pick to Detroit to make it happen. The Czech winger gave Vegas just eight points in 20 regular season games on top of another two points in eight playoff contests ahead of the instant trade. The reason the earlier Tatar trade is important is to consider the context: Vegas, in effect, traded Suzuki, a first, two seconds, and a third for 28 underwhelming games of Tatar and four seasons of Pacioretty, who they then traded away for almost nothing after he actually stepped his production up.

Another interesting wrinkle to all of this, but not one that absolves Vegas of their questionable trade tree, is that Pacioretty tore his Achilles after the trade to Carolina, forcing him to miss at least six months of the upcoming season. Of course, Vegas didn’t know this would happen when they made the deal, preserving the questions regarding their logic in the handling of the forward. Realistically, had this happened before the trade, Vegas could have utilized LTIR with Pacioretty, but had he been ready to return ahead of the playoffs, it would have left the team in a difficult position.

Hindsight is twenty-twenty, as the saying goes, and that applies to any transaction, but the Pacioretty-to-Vegas trade from four years ago today is a fascinating retrospective into roster, cap, and asset management. Vegas gave up plenty for Pacioretty, but it was most likely worthwhile as they got back arguably more than they bargained for. But after four seasons and just one more to go under their current commitment, the team essentially walked away from their player while Montreal continues to reap the reward with one of the league’s most exciting young stars. One question to ponder as we consider these last four years: how is this viewed, all else the same, had Vegas won a Stanley Cup with Pacioretty in the fold?

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