The Pittsburgh Penguins are always one of the teams to watch in trade season and free agency, at least with Jim Rutherford in the GM chair. The veteran executive is no stranger to salary cap gymnastics and horse trading, and usually finds unexpected ways to improve his roster. One of those ways may now come in the form of Jack Johnson, who according to Jason Mackey of the Pittsburgh Post-Gazette has had very positive talks with the Penguins as we get closer to free agency opening on July 1st. Johnson is a good friend of Sidney Crosby and would give Pittsburgh another veteran option on the blueline to help on another Stanley Cup run in 2018-19.
The cost of a Johnson contract isn’t clear. The Columbus Blue Jackets defenseman earned $5MM on the last season of his seven-year, $30.5MM contract in 2017-18, but lobbied for a trade in order to try and secure a better contract on the open market. The 31-year old was involved in a very public bankruptcy case in 2014, and simply wanted to ensure a healthy deal this summer knowing it may be his last multi-year deal in the NHL. He ended up staying with Columbus all season, but faced being a healthy scratch down the stretch—in part, somewhat ironically, because of the Blue Jackets’ acquisition of Penguins defenseman Ian Cole at the deadline—and didn’t suit up for a single playoff game.
Where his market currently sits is unclear, but the Penguins can’t be paying huge sums to a defenseman in their current cap situation. After re-signing Bryan Rust earlier today, Pittsburgh has around $5MM in cap space with Jamie Oleksiak and others still to sign. Though they can go up to 10% over that during the offseason, signing Johnson to a hefty multi-year deal would make it awful tricky going forward. Rutherford has made it clear that they will send out some salary at some point this season, but even trading Phil Kessel’s $6.8MM cap hit doesn’t create much room if a good chunk of it is taken up by a Johnson signing.
Johnson has almost no choice but to take the most money, but if no other team is offering him cash…the fit with Pittsburgh makes so much sense. They need to replace Cole. Friend’s with Sid. Drafted by Rutherford.
And Johnson would probably like a chance to stick it to Torts a few times a year.
Theres no chance he takes a discount anywhere with his bankruptcy situation
Its still a shame about his financial situation. I wonder how his parents feel considering they bankrupt their son.