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Contract Slots Could Play Factor As Trade Deadline Approaches

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Every season around the All-Star break, things really start to heat up on the trade market. Teams are starting to decide whether or not they are truly contenders and have had enough time to discuss extensions with their pending free agents. Even those players on one-year deals who can’t sign until the New Year have now had time to discuss the future, meaning clubs can put some of their best offers on the table.

One thing to remember as we close in on this year’s February 24th trade deadline is that a team can only carry 50 NHL contracts at any one time. By now, those entry-level contracts that don’t count against it if they are set to slide are almost all dealt with, meaning the number remaining is usually an accurate representation of the room a team has left to add.

Take the San Jose Sharks, Montreal Canadiens and New York Islanders for instance, who all currently have just a single contract slot open. For the Islanders especially, who sit third in the Metropolitan Division, that means adding any players through trade becomes a little more complicated. They would almost certainly have to send the same number of bodies back in any deal, if not include some extras to open a spot or two. Teams try not to spend much time right at the 50-contract threshold, especially once international and college seasons start to end.

For the Sharks it may not be as big of a hindrance given their place in the standings, but there are several other contenders sitting at 48 contracts. The Dallas Stars, Pittsburgh Penguins, Edmonton Oilers and Tampa Bay Lightning are all in playoff spots but have just two slots remaining, meaning they too have to be careful what they acquire.

It can certainly be used the opposite way as well however. A team like the New Jersey Devils, who sit with just 45 contracts on the books and at the bottom of the Metro, could help a team out by taking on a deal or two, as long as an asset comes with it.

This also lends even more power to a team like the Colorado Avalanche, who not only have five empty contract slots but also have plenty of cap space. They could potentially take on a bad contract alongside the player they are actually targeting, if it’s going to help them continue their run towards the top of the Central Division.

Contract totals for all teams (via CapFriendly):

Anaheim Ducks: 47/50
Arizona Coyotes: 45/50
Boston Bruins: 47/50
Buffalo Sabres: 45/50
Calgary Flames: 44/50
Carolina Hurricanes: 44/50
Chicago Blackhawks: 45/50
Colorado Avalanche: 45/50
Columbus Blue Jackets: 47/50
Dallas Stars: 48/50
Detroit Red Wings: 47/50
Edmonton Oilers: 48/50
Florida Panthers: 45/50
Los Angeles Kings: 47/50
Minnesota Wild: 47/50
Montreal Canadiens: 49/50
Nashville Predators: 45/50
New Jersey Devils: 45/50
New York Islanders: 49/50
New York Rangers: 46/50
Ottawa Senators: 48/50
Philadelphia Flyers: 48/50
Pittsburgh Penguins: 48/50
San Jose Sharks: 49/50
St. Louis Blues: 46/50
Tampa Bay Lightning: 48/50
Toronto Maple Leafs: 47/50
Vancouver Canucks: 47/50
Vegas Golden Knights: 46/50
Washington Capitals: 45/50
Winnipeg Jets: 45/50

Winnipeg Jets Recall Kristian Vesalainen

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After losing Adam Lowry for the next month and on another two-game losing streak, the Winnipeg Jets have recalled one of their top prospects. Kristian Vesalainen will join the club after playing 44 games for the AHL’s Manitoba Moose this season.

Of course, this isn’t the first time Vesalainen will be in the NHL. The first-round pick from 2017 ended up making the club out of camp last season and played five games for the Jets at the beginning of the year. After not having a real spot for him in the NHL however, he eventually used a clause in his contract to go back to the KHL.

That meant Vesalainen played in three different leagues in 2018-19, not the perfect development path for a top prospect. This season has been much different, with all of his games coming at the AHL level. The 20-year old sits third on the Moose in goals with nine and has 22 points so far.

Whether he’ll get a real opportunity at the NHL isn’t clear, but the team does still have two games before the All-Star break. After losing their last two with a combined score of 12-3 they are now 25-20-4 and actually have a negative goal differential.

Jets’ Adam Lowry Out A Minimum Four Weeks

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The Winnipeg Jets have been fortunate enough to avoid major injuries to their core players this season. The only exception has been center Bryan Little, who suffered an upper-body injury in early November and has yet to return to return to game action. However, Little has begun practicing with the team and the timing could not be better. The Jets’ depth down the middle has taken another hit, as center Adam Lowry has sustained an upper-body injury of his own and is expected to miss a significant amount of time. The team believes that he will miss “at least four weeks”, putting a return date some time around late February.

Lowry’s injury occurred in Sunday night’s game against the Chicago Blackhawks, when he took a blindside hit from Drake Caggiula. Caggiula was given a minor penalty for interference, but there is not expected to be any additional response from the league. Lowry got up slowly and went straight to the locker room in obvious pain and did not return. Winnipeg went on to lose 5-2, slipping to 4-5-1 in their past ten games.

Winnipeg was looking forward to Little’s return, as their struggles of late have dropped them out of the playoff picture. Now, even with Little hoping to return soon, the Jets wills till be short-handed with Lowry out. The Athletic’s Murat Ates writes that Andrew Copp will move up to third-line center for the time being, as the team awaits Little’s return and waits out Lowry’s potential month or more absence. Lowry has just ten points on the year, but is invaluable to the team in other ways. He leads the team in hits and is their most skilled face-off man, while skating on the team’s top penalty kill unit. While Copp does many of these same things well, increased ice time for Copp is not going to make up for the loss of Lowry and even Little’s return will not totally make up for his absence. The Jets will continue to have to work hard to stay relevant this season in the wake of this injury news.

Snapshots: Three Stars, Penguins, Miller

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The Metropolitan Division is well represented in the NHL’s Three Stars of the Week, as the league announced that the Capitals’ Alex Ovechkin and the Blue Jackets’ Elvis Merzlikins have been named the first and second stars, respectively. Ovechkin is no stranger to the honor, but was certainly deserving of recognition once again with a whopping eight goals in three games, including back-to-back hat tricks. The 34-year-old trails only David Pastrnak in the NHL goals race right now and is eight goals away from cracking 700 in his career. Meanwhile, Merzlikins is brand new to both the NHL and any sort of league recognition. The young goaltender, who dominated the Swiss ranks for many years, got off to a rocky start this season after signing with Columbus last spring. However, he has performed admirably in the place of injured All-Star Joonas Korpisalo, including winning each of his past four start with three shutouts mixed in. In 20 appearances on the year, Merzlikins is now up to a .928 save percentage and 2.36 GAA in an impressive rookie campaign. The third star of the week belong to another familiar name, Chicago Blackhawks captain Jonathan Toews. Toews shook off a cold spell, recording three goals and nine points in four games this week, extending his point streak to six games. As Toews goes, so do the Blackhawks, who have been surging of late back into the postseason conversation.

  • The Pittsburgh Penguins are among the top-five NHL teams in man-games lost this season and first in lost production due to injury. However, they have weathered the storm, not just maintaining through their losses, but actually improving. Now, they are getting healthy once again, with Sidney Crosby now back (and red-hot) and defenseman Justin Schultz getting close, per a team report. Schultz was cleared for full participation in practice today and appears ready to go, but stated that he and the team will be “smart” with the decision, especially with the All-Star break approaching and the opportunity for even more rest if they opt not to rush him back this week. Meanwhile, after leaving Sunday’s game, Dominik Simon has avoided any lasting injury, the Penguins The same can’t be said for Dominik Kahun, who suffered a head injury and has entered the concussion protocol. That just seems to be how things have gone for Pittsburgh this year though – for every player back to full strength, there’s another player sidelined.
  • One of the Penguins’ biggest rivals for the Eastern Conference title could be getting a somewhat forgotten player back in the mix. The Boston Bruins, after not having an update on defenseman Kevan Miller for some time, surprised the media by stating that he returned to the ice with the team yesterday. Miller has not played a single game this season, nor has he even been part of the active roster. The veteran defenseman has suffered multiple setback in his return to health after a litany of injuries last season. Should he reach the point that he is fully able to return to action, the Bruins would welcome him back, despite their logjam on the blue line, as Miller would bring the physicality and checking ability that the team has been missing too often this year. Of course, his return could pose some cap problems in addition to roster questions, but given Miller’s inability to get healthy this season, that is a bridge that the team will cross if and when they come to it.

Snapshots: Kovalchuk, Sorokin, Backes

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How the tables have turned already for Ilya Kovalchuk. The veteran forward was unemployed entering the new year after having his contract terminated by the Los Angeles Kings. Despite his decorated history in pro hockey, he was left scouting the market for a minimum contract with a team that maybe had a chance at the postseason in 2019-20. He landed in Montreal, signing a one-year, pro-rated $700K contract with a team heading in the wrong direction for playoff contention because that was his best option at the time. Just two weeks later, Kovalchuk’s stock has skyrocketed. The 36-year-old has eight points in eight games with the Canadiens and has looked phenomenal, especially compared to his play in L.A. When he first started scoring, many Habs fans were excited at the prospect of the team flipping him for assets at the trade deadline.

While this remains a distinct possibility, as Kovalchuk continues to produce many other are asking whether Montreal should instead look to re-sign the winger. Not only has Kovalchuk been an impressive offensive contributor, but he provides the veteran presence and star power that the team is lacking in its forward corps, which plays a part in why Kovalchuk has been such a hit with fans so early in his tenure. Yet, Kovalchuk has been so successful in such a short time with the Canadiens, that his camp is already thinking about cashing in, mere weeks after settling for the smallest NHL contract possible. When asked about the prospect of Kovalchuk re-signing in Montreal, agent Pat Brisson told TVA Sports that it is too early to talk extension. While he admits that Kovalchuk is enjoying his time with the team, Brisson states that the focus is only on making the playoffs, which – when spoken by an agent – is a strong indication that Kovlachuk will be looking to test the market or at least continue to drive up his price before talking contract with Montreal.  A trade would also change the status quo and could afford Kovalchuk the opportunity to improve his stock even more with a postseason appearance, which seems unlikely in Montreal this season. While the veteran star is not going to land a long-term contract this season, his sudden resurgence all but guarantees that he will be back in the NHL next season and making significantly more than his current $700K cap hit.

  • Ilya Sorokin is a name that has long been tied to the NHL, despite the player never having set foot on pro ice in North America. The New York Islanders prospect has long been one of the best goalies in the KHL, even at just 24 years old, yet he has been reluctant to sign with the team and commit to coming overseas. Reports earlier this season were that Sorokin wanted a clear shot to a guaranteed NHL job and has not been happy with the situation in New York, first with Thomas Greiss and Robin Lehner last year, now Greiss and Semyon Varlamov this year, and at least Varlamov signed for several more years. Those reports indicated that Sorokin intended to stay in Russia unless traded by the Islanders. Some subsequent rumors believed that the team was considering moving Sorokin’s rights as a result. However, when KHL insider Igor Eronko approached Sorokin about the topic, a different sentiment came from the horse’s mouth. Sorokin expressed that he was surprised to read the stories about his trade demands and that the team was looking into moving him. He stated that he and the Islanders have a different understanding and he has not been told that the status quo has changed. Don’t be surprised if the Russian star remains Islanders’ property through the trade deadline after all.
  • The Athletic’s Fluto Shinzawa writes that David Backes has five choices after being waived and demoted by the Boston Bruins. One option that might come as a surprise, not as a suggestion but as a concrete theory, is that Backes could retire rather than accept his assignment. Shinzawa reports that Backes seriously considered retirement after his concussion earlier this season, but was assured by a concussion expert that it was safe for him to return to action. Yet, after Backes failed to return to an NHL-caliber level of play, could he decide to play it safe and call it quits? He would forego the remaining salary on his contract, but would protect himself from the risk of long-term harm with another injury, one that would especially be a shame while merely competing at the AHL level. Shinzawa suggests that Backes could instead decline his assignment and see his contract terminated, which would make him a free agent where he could at least try to find a worthwhile job elsewhere in the NHL. The other option is that he simply accepts his assignment to AHL Providence, which could also lead to a trade request down the road or further consideration of retirement or contract termination before the end of next season.

Minor Transactions: 01/20/20

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After a flurry of activity yesterday with half of the NHL’s teams entering their bye weeks, things should slow down today with those teams now officially on bye. In fact, there are only two games on the docket tonight and eight games total scheduled this week before the All-Star break begins on Thursday. Yet, those teams remaining in action may still be active with roster tweaks over the coming days. Keep up with all of those moves here:

  • The Chicago Blackhawks witnessed Patrick Kane’s 1000th NHL point last night, and Dennis Gilbert and Brandon Hagel got as good a view as anyone, watching from the press box. The two have now been returned to the AHL’s Rockford Ice Hogs, the Blackhawks announced. Gilbert has been a frequent call-up of the ‘Hawks this season, skating in 20 games with Chicago versus just 11 with Rockford. Hagel has been in the opposite position, spending his time almost exclusively with the Ice Hogs, where he leads the team in goals, except for a few games spent watching – but not playing with – the Blackhawks. However, that could change for the first-year pro if he continues to produce in the minors. (UPDATE: Both players have been recalled again, meaning it was just a paper transaction)
  • German Rubtsov is on his way to Philadelphia, the Flyers announced this morning. The 2016 first-round pick made his NHL debut earlier this season, skating in three games with the Flyers. However, he has was held scoreless. Rubtsov has just 12 points in 28 games with the Lehigh Valley Phantoms as well, so Philly could be looking for the young forward to re-discover his scoring tough with a call-up to the big leagues.
  • The Vancouver Canucks have reassigned Zack MacEwen to the AHL’s Utica Comets, but that might mean very little. MacEwen has been back-and-forth between the two clubs all season, including several paper transactions, so expect the forward to be back in Vancouver before too long.
  • Joseph Blandisi has been recalled once again by the Pittsburgh Penguins, a normal occurrence for the minor league forward this season. This will be the seventh time he has been recalled, and he has actually played more games in the NHL than the AHL.

Five Key Stories: 1/13/20 – 1/19/20

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The 2019-20 season is quickly looking like it will be looked back as the year of the coaching change as yet another head coach was replaced which is among the top stories of the week.

Martinez Available: Last season, the Kings traded Jake Muzzin, one of their key defensemen, to Toronto.  This season, it appears that blueliner Alex Martinez could have the same fate as he has been made available around the league.  He recently returned to the lineup after missing more than a month after his wrist was cut by a skate blade so it’s likely that he’ll need to play for a little while yet to show teams that he has fully recovered.  Similar to Muzzin a year ago, the 32-year-old has another year left on his contract with a $4MM cap hit that should be of interest to several contending teams as it’s a deal that’s a little bit below market value.

Hamilton Out Indefinitely: Hurricanes defenseman Dougie Hamilton appeared to be well on his way towards a career year offensively after picking up 14 goals and 26 assists through the first 47 games of the season.  However, that momentum was quickly derailed after he suffered a fractured fibula that he has already undergone surgery for.  He’s listed as out indefinitely but similar injuries have carried a timeframe for recovery of around three months which would basically put him out for the rest of the regular season.  Carolina had been making some defensemen available but now, they may have to pull back on that with Hamilton out of the lineup.

Backstrom Extension: Going into the season, the Capitals had a pair of prominent veterans that were slated to become unrestricted free agents in July.  They have trimmed that down to one after agreeing to a five-year, $46MM extension with center Nicklas Backstrom.  The deal, which was negotiated with Backstrom directly and not an agent, also contains a full no-move clause in the first three years of the deal plus a 15-team no-trade clause in the final two seasons.  The contract gives the 32-year-old a significant raise on his current $6.7MM AAV.  Backstrom, a first-round pick (fourth overall) back in 2006 has played the entirety of his 13-year NHL career with Washington where he is the all-time franchise leader in assists and sits second in points behind Alex Ovechkin.  He’ll be holding onto those marks for a long time now with this deal.

Another Coaching Change: Some of the coaching changes around the league haven’t come as much of a surprise.  The latest, one that saw Vegas fire Gerard Gallant and hire Peter DeBoer as his replacement, certainly doesn’t qualify as one of those.  While the Golden Knights have struggled in recent weeks, they were still in a playoff spot in the ultra-tight Pacific Division and reports have since surfaced that there were some discussions about a contract extension not that long ago.  Despite that, GM Kelly McCrimmon acted quickly with a capable veteran coach in DeBoer who has some familiarity with Vegas having previously coached one of their bigger rivals in San Jose.  He’ll now be tasked with making some tweaks to help them down the stretch.

Rielly Out For A While: Toronto’s back end isn’t the deepest and was already without Jake Muzzin.  They suffered another significant injury as Morgan Rielly will miss the next two months due to a broken foot.  The injury was sustained last weekend against Florida and they’ve had difficulty keeping the puck out of the net since then; including that game, they’ve allowed 20 goals in their last four contests.  As Rielly is expected to be back before the end of the regular season, the Maple Leafs won’t be able to trade for a replacement using LTIR as they’d need to get back into cap compliance before they could activate Rielly in that circumstance.  Since their coaching change, Toronto has been one of the top-scoring teams and they’ll need to keep that up in Rielly’s absence.

Photo courtesy of USA Today Sports Images.

Predators Looking To Trade Mikael Granlund

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Last season, Mikael Granlund being traded at the deadline was one of the bigger surprises around the league.  One year later, it seems like he’s going to be on the move again and this time, it won’t be as much of a surprise.  Bruce Garrioch of the Ottawa Sun reports that the Predators are looking to move the pending unrestricted free agent.

When Nashville acquired him last season, the 27-year-old looked like he was on his way to his third straight 60-point season which was going to set him up well for contract extension talks with the Predators.  Instead, he had just a single goal in 16 regular season games with the team while adding only one in the playoffs in their first round loss to Dallas.

Instead of Granlund being the extra punch to their attack like they hoped, they had to trade P.K. Subban to New Jersey to free up the cap room to add Matt Duchene in free agency.  Still, with a full training camp under his belt, the hope was that he’d rebound and become the impact player that he was with Minnesota.  With eight goals and eight assists in 41 games, he has been a little better than the stretch run a year ago but nowhere near the level that he has played at before.

Not surprisingly, it seems as if Nashville has no interest in engaging in any extension talks which is probably the best for both sides.  With the Predators on the outside looking in, moving him now makes sense while Granlund will be banking on a change of scenery helping him rediscover his form and aiding his free agency case.  As things stand, it seems unlikely that he’ll be beating his current $5.75MM AAV on the open market.

Unfortunately for the Predators, given Granlund’s struggles, it’s doubtful that they’ll be able to land a return comparable to what they gave up to get him in the first place in winger Kevin Fiala who actually has out-produced Granlund so far this season.  A year ago, this looked like a great pickup for Nashville and one that could be a longer-term piece.  But it hasn’t come close to working out and over the next month, it’s almost certain that he’ll be dealt once again.

Photo courtesy of USA Today Sports Images.

PHR Originals: 1/13/20 – 1/19/20

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Here is a rundown of the original content over the past week here at PHR.

Our Thankful Series came to an end as I took a look at Washington and Winnipeg, a pair of teams with deep offenses.  Both teams head towards the trade deadline with somewhat limited manoeuvrability as the Capitals don’t have a lot of salary cap space to work with while the Jets have a lot of uncertainty with the Dustin Byfuglien situation still unresolved and a pending hearing to determine whether or not they were allowed to suspend him without pay.

Detroit’s record has been nothing short of ugly this season.  Zach examined just how bad it stacks up with some of the other worst teams in hockey history.  While their current points percentage wouldn’t crack the bottom-40 in NHL history, they are on pace to beat 2016-17 Colorado’s lowest point mark which would give them the worst record of the century.

Gavin held his weekly Thursday chat.  Topics included the latest coaching change and who might be the next team to make one, what the Rangers should be seeking for goalie Alexandar Georgiev, Braden Holtby’s future in Washington, what Edmonton should try to do to bolster their roster, comparing last year’s top pick to the projected top pick in June, and more.

College hockey is back up and running after most programs had an extended break over the holidays.  Zach went over the latest from the NCAA including a Russian defenseman that is quickly rising up the draft board plus a look at some of the top teams in the nation.

In the second half of our mailbag, I tackled questions on several of the trade scenarios for the Rangers, what Arizona could do to bolster their roster, which of Montreal’s top veterans would make sense to move first, needs for the Golden Knights, the upcoming draft, and more.

Snapshots: Gallant, KHL Cross-Over Series, Kovalchuk

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Gerard Gallant spoke to the media for the first time since being relieved of his duties as head coach of the Vegas Golden Knights for two and a half years, along with his longtime assistant in Mike Kelly, and made it clear that he intends to return to coaching, according to Jason Simmonds of the Journal Pioneer.

“I’m far from done,” said Gallant, 56. “I enjoy coaching. If an opportunity comes up I will definitely look at it – myself and Mike. Mike is a big part of what I do too and sometimes people forget about the assistant coaches. Mike is a good man, we have been together for a long time. It’s not just me, Mike is part of that, too. We will get ready and hopefully, something comes up.”

Despite being shocked and disappointed that his tenure in Vegas ended so suddenly, the longtime coach still has good feeling about his time with the team.

“The 2 ½ years were incredible,” said Gallant. “That first year was a magical season. If we could have capped it off winning the Stanley Cup it would have been incredible. The second year was a really good year, too. We made the playoffs, battled hard. Up until I got fired, I had 2 ½ years of being really happy in Vegas. It’s a good organization, a good team and I was excited.”

  • There has been high hopes that the NHL and KHL might be able to produce a cross-over event between the two leagues. However, ESPN’s Emily Kaplan reports that possibility now remains unlikely after an interview with KHL president Dmitry Chernyshenko. “Everyone dreams of having a series, but it’s a matter of schedules,” said Chernyshenko. “What’s convenient for us is not convenient for them.” Kaplan said that Chernyshenko sat down with NBC to try to work out a time period that both leagues might get together, however, they failed to come up with dates to make it work.
  • The Montreal Gazette’s Jack Todd writes that Montreal Canadiens general manager Marc Bergevin needs to sign forward Ilya Kovalchuk to an extension now. Currently on a one-year deal with the Canadiens, the 36-year-old has been impressive in his first eight games with the franchise, posting four goals and four assists. The scribe suggests that with the window closing for players like Carey Price and Shea Weber, the team needs veteran players to aid an already young locker room. He also notes that while often players struggle when they reach Montreal and the pressure that comes with it, Kovalchuk has thrived, suggesting he’s a perfect fit for the Canadiens and needs to be retained rather than moved at the trade deadline or worse, hope that he’ll sign a new deal in the summer when other teams can lure him away.

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