Navigating the salary cap is one of the more important tasks for any GM. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.
PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2019-20 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.
Carolina Hurricanes
Current Cap Hit: $79,004,791 (under the $81.5MM Upper Limit)
Entry-Level Contracts
F Andrei Svechnikov (two years, $925K)
F Martin Necas (three years, $863K)
D Jake Bean (two years, $863K)
F Warren Foegele (one year, $747K)
Potential Bonuses:
Svechnikov: $2.65MM
Necas: $538K
Bean: $500K
Foegele: $20K
With a system full of top prospects, the Hurricanes got an impressive rookie season from Svechnikov, drafted with the second-overall pick in 2018, last season and now will have a top-six option for another two years at an entry-level cost. At 18 years old, he tallied 20 goals and 37 points and should be in line for more playing time and bigger numbers this season as a 19-year-old and could eventually become the franchise winger the team needs long-term. The Hurricanes also have high hopes for Necas to step in and take big role next season at the center position. The 2017 first-rounder had an impressive season for the Calder Cup Champion Charlotte Checkers of the AHL and could provide Carolina with some cheap talent.
Bean, the team’s first-rounder in 2016, has only made two appearances for Carolina, but could get a chance to take a much bigger role after a strong season with Charlotte, which saw his skills take that next step. The 23-year-old Foegele began to show off his offensive skill over the course of the season in Carolina. He scored 10 goals and 15 points during the regular season, but was even more impressive in the playoffs with five goals and nine points in just 15 games. If he can take his game up a notch, the Hurricanes could have an even more impressive offense next season.
One Year Remaining, Non-Entry-Level
D Justin Faulk ($4.83MM, UFA)
F Erik Haula ($2.75MM, UFA)
D Trevor van Riemsdyk ($2.3MM, UFA)
D Gustav Forsling ($874K, RFA)
D Haydn Fleury ($850K, RFA)
F Brian Gibbons ($725K, UFA)
F Clark Bishop ($700K, RFA)
F Lucas Wallmark ($675K, RFA)
There were rumors that suggested that talks between Carolina and Faulk were no where close on a potential extension and others that said negotiations were promising, however, Faulk could be a legitimate trade candidate if the team can’t eventually work out an extension. The 27-year-old Faulk had a solid season both defensively as he was finally in the positive on his plus/minus for the first time in his career, while also adding 11 goals and 35 points. However, with a number of young defensemen who are waiting for a chance to get an opportunity in Carolina, it wouldn’t be shocking to see Carolina unload him at the trade deadline.
Haula is an interesting acquisition. The 28-year-old was coming off a 29-goal season in Vegas’ inaugural season, but then suffered a gruesome knee injury and never returned. In the end, he played just 15 games, although he was close to returning late in the season with many believing that he would have been available had the Golden Knights had gotten deeper into the playoffs. If he can prove to be healthy, Haula might prove to be one of the best acquisitions of the year. Whether the Hurricanes will re-sign him will obviously depend on how he fares next season.
The team might be ready to move on from van Riemsdyk, who has served as a bottom pairing defenseman, but probably makes too much at $2.3MM to keep around long term, especially since Fleury hasn’t really had a true chance to prove himself and could be a better option at his price.
Two Years Remaining
D Dougie Hamilton ($5.75MM, UFA)
G James Reimer ($3.4MM, UFA)
F Ryan Dzingel ($3.38MM, UFA)
G Petr Mrazek ($3.13MM, UFA)
F Brock McGinn ($2.1MM, UFA)
F Jordan Martinook ($2MM, UFA)
G Alex Nedeljkovic ($738K, RFA)
The team has a number of interesting contracts with two years left, including their entire goaltending situation. The team has Mrazek, who put together a stellar season after years of inconsistency, and new backup Reimer as the new tandem with their top prospect in Nedeljkovic close to ready to step into the lineup. All three will likely stay this season as Nedeljkovic is waiver exempt and likely will just stay in the AHL. However, if he can prove in training camp that he’s ready for the back-up role, few would be surprised if the team found a way to unload Reimer, who had a terrible season last year in Florida.
Despite hearing constant rumors that Carolina was shopping Hamilton around this offseason, it looks like the Hurricanes will have the veteran defenseman for another season. He put up solid numbers, scoring 18 goals an 39 points and is solid defensively, but he could eventually be a trade candidate, perhaps as early as the trade deadline if the team struggles and can’t reproduce the same success it had a season ago. The team also hopes that they can get Dzingel to provide the same type of offense he was producing in Ottawa, rather than his struggles in Columbus. However, he should provide solid value at his pricetag and fit in nicely as a middle-six option.
Three Years Remaining
F Nino Niederreiter ($5.25MM, UFA)
It might have been the trade of the year when the Hurricanes acquired Niederreiter from Minnesota for Victor Rask. While Rask struggled in Minnesota, Niederreiter’s season took off when he arrived, scoring 14 goals and 30 points in 36 games and he slotted in nicely on the first line. If he can produce anything close to that, the team has a steal of a deal for the next three years. If his production drops back to what it was in Minnesota earlier in the year (nine goals and 23 points in 46 games) then the team has a contract that could be a burden for some time.
Four Or More Years Remaining
F Sebastian Aho ($8.45MM through 2023-24)
F Jordan Staal ($6MM through 2022-23)
F Teuvo Teravainen ($5.4MM through 2023-24)
D Jaccob Slavin ($5.3MM through 2024-25)
D Brett Pesce ($4.03MM through 2023-24)
The Montreal Canadiens did Carolina a favor when they shocked the NHL by signing Aho to an offer sheet that didn’t look difficult to match. While five years likely isn’t ideal, the Hurricanes still now have their top franchise player signed until 2024 and can figure out its plans after that, but now are one of the few teams that have locked up their franchise restricted free agent already, with the rest still waiting to sign a contract. That should provide Aho, who had another breakout season with 30 goals and 83 points, with plenty of time to be ready for training camp and see if he can take his game to another level once again.
His linemate in Teravainen is another key piece of Carolina’s future who keeps producing better and better numbers. The 24-year-old produced 21 goals and a career-high 76 points and is locked up for another five years as well, giving Aho a solid winger to work with. The team, however, may not be as thrilled with the four years it still has in Staal, who produced one of his worst seasons although injuries did play apart. The 30-year-old still has four years at $6MM from a 10-year, $60MM deal he signed back in 2012. After posting just 11 goals and 28 points in 50 games, the team hopes he can bounce back.
One thing the Hurricanes did was locking up its young defenders. The team has seen Slavin develop into a top-line defenseman in the last year and to have him locked up at just $5.3MM for six more years will likely be one of the team’s biggest bargain for a long time. He has been averaging more than 22 minutes per game for three of his four seasons in the league. Pesce has also seen his game increase and is also a steal with the rising cost of young defensemen lately. Pesce saw his minutes break 20 minutes for a second straight season, while his offense increased by 10 points.
Buyouts
F Patrick Marleau ($6.25MM in 2019-20)
F Alexander Semin ($2.33MM through 2020-21)
Retained Salary Transactions
None
Salary Cap Recapture
None
Still To Sign
F Justin Williams (UFA)
F Saku Maenalanen (RFA)
D Roland McKeown (RFA)
One question that is still up for grabs is whether Williams will return to the team. The 37-year-old winger has been told he can take as much time as he wants to determine whether he wants to return to hockey. He’s made it clear it’s either Carolina or retirement, but after putting up a solid campaign last year of 23 goals and 53 points, it’s hard to believe that the veteran leader is ready to hang it up if he still is capable of producing as a top-six forward. While he may eventually have to slide down to the third line, the veteran was critical to the team’s deep playoff run and Carolina hopes he will come back.
While McKeown might have a hard time finding playing time in Carolina’s stacked defense, the team will need to get Maenalanen signed at some point. The 6-foot-4 bottom-six winger stepped into the lineup late in the season and was a solid contributor, posting four goals and eight points in 34 games, while skating for just 9:26 of ATOI. He provided some physical play and if he can steal a spot on the fourth line, could be valuable.
Best Value: Slavin
Worst Value: Staal
Looking Ahead
The Carolina Hurricanes have done an impressive job of drafting well, developing their talent and adding veteran talent at reasonable prices. With most of their core already locked up long-term and plenty of talent still on entry-level contracts, the Hurricanes should be able to keep their team competitive for years and keep getting better as the team continues to develop.
Photo courtesy of USA Today Sports Images.
Calling Staal the worst value is dead wrong. Faulk is the worst value.
Faulk has only one year left on his deal, earned his contract just fine last ssn and is easily traded if they want… so yeah not even close.
Staal is objectively the worst value, now on.the back end of that contract, yet wouldnt be considered worst on many teams still. Canes just have done well locking up their 4 best players for next 5 years at under a 6mil AAV each and now will have Svech and Necas on ELCs followed by a top ranked farm system that will be cheap contracts when those two get their money. Staal is the choice by default.
That leaves $2,495,209 in cap space , If and when Williams comes back or retires , which is still up in the air may be even look for lower price player in a bottom 6 forward, before or during training camp. or possibly keep it for low budget player at trade deadline, unless as said Williams comes back at minimum salary.
Its not really an issue, they have options. Reimer can be traded to save 3.4mil in space. Faulk may be traded, saving 4.8mil in space.
In addition, Williams is eligible for a 35+ contract due to his age, meaning he can sign a small base salary right now with incentives built in, and the Canes can adjust as he hits those bonuses to stay under the cap.
If he wants to play, they will fit him in without a problem. If not, Necas will likely take his place so no need for another signing.
Staal is the worst value but that doesn’t mean he’s not valuable to the team. He didn’t get a lot of points but he quietly had a solid year (even with the injuries) boosting the young guys. With his salary being so high with younger, cheaper, and better C’s on the rise, I wouldn’t mind making a smart move to trade him, but I as a fan would hate to see him go.