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Archives for September 2020

Jonas Brodin Signs Seven-Year Extension

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The Minnesota Wild have taken care of some pressing business, locking up a key member of their roster for the next several years. Jonas Brodin has signed a seven-year extension with the team that will carry an average annual value of $6MM. Since he still has one year left on his current deal, Brodin will now be under contract through the 2027-28 season. The full salary breakdown is as follows (via Pierre LeBrun of The Athletic):

  • 2021-22: $4.0MM
  • 2022-23: $5.0MM
  • 2023-24: $8.0MM
  • 2024-25: $8.0MM
  • 2025-26: $7.5MM
  • 2026-27: $5.5MM
  • 2027-28: $4.0MM

First and foremost, this locks up one of the best pure defenders in the league for the better part of a decade at a reasonable cap hit. But that won’t stop the speculation machine from exploding in coming weeks and months, given that Minnesota now has four defensemen scheduled to earn at least $6MM in the 2021-22 season. The quartet of Brodin, Jared Spurgeon, Ryan Suter and Mathew Dumba will combine for a cap hit of more than $27.1MM that season, though obviously things can change rapidly before then.

For now, this is just a move from GM Bill Guerin to retain the services of an exceptional defenseman in Brodin. The 27-year-old had 28 points this season in 69 games but made his money on the other side of the puck, constantly shutting down the opponent’s best forwards and logging big minutes on the penalty kill. He finished the year with an average ice time of 21:33 and led the team with 112 blocked shots. His 23 even-strength assists actually put him second on the entire roster, behind only Ryan Suter’s 24.

There’s little doubt that the Wild believe Brodin to be a key part of the future, but this extension does bring up countless questions about the future of Dumba, who now seems likely to depart in one fashion or another. Not only are the cap implications of four players earning that much difficult to deal with, but the Seattle Kraken expansion draft is also right around the corner. Both Spurgeon and Suter have no-movement clauses in their contracts meaning they have to be protected (unless they decide to waive those clauses for the draft) and you are only allowed to protect three defensemen in the regular format. The Wild could potentially choose the eight-skater protection route if they wanted to include all four star defensemen, but that would leave several names at risk upfront. (UPDATE: Pierre LeBrun of The Athletic reports that Brodin’s contract also includes a no-movement clause that kicks in immediately, meaning he will also require automatic protection in the expansion process.)

Dumba’s name has been in the rumor mill for years and has just three years left on his current deal. The youngest of the four, he also could potentially represent the easiest name to trade off the back end should the Wild decide to go in that direction.

For Brodin, he now will tie several other players for the 26th highest cap hit among defensemen in 2021-22 and could have even more responsibility heaped upon him as the years go on.

Photo courtesy of USA Today Sports Images

Braden Holtby Expected To Test Free Agency

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Though it doesn’t come as much of a surprise at this point, Washington Capitals GM Brian MacLellan confirmed today that he expects Braden Holtby to reach free agency according to Tarik El-Bashir of The Athletic. Holtby is set to become an unrestricted free agent next month and seems to be an unlikely candidate to return to Washington.

For one thing, the 30-year-old netminder is coming off his worst season as a professional. While he still posted a 25-14-6 record thanks to a strong Capitals team, his individual numbers—.897 save percentage, 3.11 goals-against average with zero shutouts in 48 appearances—were drastically below his career norms.

Partly because of those struggles, the door was opened this season for young phenom Ilya Samsonov to step into the spotlight in Washington and show he’s ready for a starter role. In 26 games the rookie goaltender registered a .913 save percentage and looked the part of a future star. One of the best goaltenders in the KHL for the last few seasons, the 2015 first-round pick was always going to challenge for the starting role in Washington eventually.

Interestingly though, Samsonov was unable to join the team in the postseason bubble due to injury giving Holtby one last chance to prove himself before hitting the open market. He actually did perform better than his regular season, but still not nearly well enough to force the Capitals to rethink their future at the goaltending position.

Again, Holtby does have a long history of success to remember. A Vezina Trophy in 2016 as the league’s best goaltender was followed by a second-place finish the following year, while 2018 brought the Stanley Cup to Washington for the first time. After Philipp Grubauer actually started the playoffs for the Capitals that year, Holtby quickly took the net back and led the team to the finish line with a .922 save percentage in 23 appearances. That was actually lower than his career .926 postseason number, which is still an impressive total to consider for teams looking to add goaltending this offseason.

The question now is just how expensive will Holtby be on the open market. A year ago Sergei Bobrovsky signed a seven-year $70MM deal with the Florida Panthers and some immediately pointed to it being a possible target for Holtby. After all, while Bobrovsky had won the Vezina twice in his career, his overall regular season numbers were eerily similar and he didn’t have nearly the same playoff resume.

Now, after a hugely disappointing year from Holtby, the COVID-19 pandemic squeezing finances and an unusually deep goaltending market, it’s hard to imagine the Capitals netminder securing anything close to that $70MM deal. In fact, he may have to settle for a shorter deal in order to rebuild his brand and navigate a unique free agent market.

Photo courtesy of USA Today Sports Images

Rick Bowness Has “Earned The Right To Come Back” As Head Coach Of Stars

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As they stormed back last night to defeat the Vegas Golden Knights and advance to the Stanley Cup Finals, it’s easy to forget that the Dallas Stars are still operating with an interim head coach behind the bench. Rick Bowness took over control of the Stars after just 31 games this season and has now led them to the promised land with an incredible playoff run, but still had that interim tag on his job title.

The company line all postseason has been that GM Jim Nill and Bowness would sit down and discuss his future after the team stopped playing, but the front office executive was a little more forthcoming when speaking to the media today. As Sean Shapiro of The Athletic reports, Nill explained that Bowness has “definitely earned the right to come back” as head coach next season.

That’s not a new contract, but it does seem as though Bowness can take the reins of the Stars again if he chooses to in 2020-21 (whenever that season happens). His focus is squarely on the challenge that is in front of him and it’s not like he would have been out of work anyway. Bowness first became an assistant coach at the NHL level in 1984 and has been employed ever since, spending time with the Winnipeg Jets, Boston Bruins, Ottawa Senators, New York Islanders, Phoenix Coyotes, Vancouver Canucks, and Tampa Bay Lightning before joining the Stars as an assistant in 2018.

One of the other big contributors this postseason and potentially a clubhouse favorite for the Conn Smythe also doesn’t have much certainty surrounding his future in Dallas. Anton Khudobin, who has been outstanding in the postseason with a .920 save percentage in 19 appearances, is scheduled for unrestricted free agency in October. Shapiro tweets that Nill hopes to re-sign Khudobin this offseason. The journeyman goaltender is 34 and has played 237 regular season games, split between six different organizations.

Photo courtesy of USA Today Sports Images

Adin Hill Signs With Arizona Coyotes

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The Arizona Coyotes have reached an agreement with one of their organizational goalies, signing Adin Hill to a one-year, one-way contract. The financial details were not released by the team, but Pierre Lebrun of The Athletic quickly reported the contract is worth $800K. Hill was scheduled to become a restricted free agent with arbitration rights, but will now kick the free agency can down the road a year.

Hill, 24, appeared to be the goalie of the future at one point for the Coyotes when they used the 76th overall pick in 2015 to select him out of the WHL. As the team moved to Antti Raanta and Darcy Kuemper, both All-Star options, Hill has been somewhat pushed onto the back burner, but he still represents an interesting option for the Coyotes.

In fact, with Raanta entering his final season under contract and Kuemper down to just two years left on his deal, there has been near-constant rumors swirling that the Coyotes will look to move one of them this offseason. That would save money for a team in turmoil, while also providing Hill with an opportunity to show what he can do at the NHL level once again.

Every time he’s been asked, he’s responded to this point. In 30 NHL appearances, Hill has a .907 save percentage but showed he had taken a step forward this season when he posted a .918 in 13 games while the team dealt with injuries to their regular starters. He played his best hockey at the minor league level as well, posting a 15-5 record in 20 games with the Tucson Roadrunners.

As with any goaltending signing these days, the upcoming expansion draft also may play a role. The Coyotes can only protect one goaltender from selection in the 2021 Seattle Kraken draft, but also need to leave at least one that is signed through 2021-22 unprotected. Kuemper is the only goaltender who currently fills that requirement, while Hill may be the better option to protect anyway if they believe he can be a long-term option in the NHL.

At $800K, he certainly represents an inexpensive option if they do move one of their two other goaltenders this offseason.

Fabian Zetterlund Loaned To HC Vita Hasten

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The New Jersey Devils have sent another prospect overseas, loaning Fabian Zetterlund to HC Vita Hasten of the Swedish second league. Zetterlund is heading into the second year of his entry-level contract and coming off his first year of professional hockey in North America. He can be recalled in time for the 2020-21 NHL season.

Just 21, Zetterlund was a third-round pick (63rd overall) by the Devils in 2017 and spent the 2019-20 season with the Binghamton Devils of the AHL. In 46 games there the forward recorded 19 points, a relatively disappointing output that continued a pattern to this point in his career.

Though an excellent skater, Zetterlund has not been able to translate his speed and work ethic into much offense at almost any level, only really impressing during the 2016-17 junior season in Sweden. Even at the World Juniors in 2019 where he was a returning player and wearing an “A” as an alternate captain, Zetterlund was held completely scoreless. In his 66 games at the SHL level he had just 11 points, though he was much younger than most of the competition.

While there is a place in the NHL for hard-working forwards who are excellent on the forecheck, Zetterlund will have to start seeing some offensive improvement if he’s ever to really push for a spot with New Jersey. Perhaps a return to the Allsvenskan, a lower-tiered league than he is used to, will spark his scoring touch and get him back on the right development path.

Peter Laviolette Hired By Washington Capitals

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The Washington Capitals wanted an experienced head coach to lead them next season, and they’ll have it. The team has announced the hiring of Peter Laviolette, who will take over the bench from Todd Reirden who was let go earlier this summer. Laviolette has signed a three-year contract worth just under $15MM total according to Pierre LeBrun of The Athletic, which will include the full $2.5MM he was still owed by the Nashville Predators.

Capitals GM Brian MacLellan released a statement on his new coach:

Peter is a successful NHL head coach who has won a Stanley Cup and brings a wealth of experience to our team. We feel he is a great communicator who will motivate our players to play with passion, structure and discipline, while helping our young players reach their potential. In addition, he is a high-character individual who is highly respected for his coaching pedigree, all of which make him the ideal person to lead our team to compete for the Stanley Cup.

Laviolette, 55, has been a head coach in the NHL for two decades, recording a 637-425-25-123 record in his 1,210 regular season games. Those 1,200 games put him 20th on the all-time list and he has taken his club to the Stanley Cup Finals three times, winning in 2006 with the Carolina Hurricanes.

The Capitals had shown interest in other experienced names like Gerard Gallant and Mike Babcock, but will move forward with a coach that had a .616 winning percentage at his last stop but still got fired after a mediocre start to 2019-20. Laviolette and the Predators were 19-15-7 when they made the move to hire John Hynes, leaving him looking for another opportunity.

Reirden, the Capitals outgoing coach, has already found work with his old team the Pittsburgh Penguins as an assistant. That experiment didn’t work out nearly as well as the Capitals hoped when they let Barry Trotz leave months after winning the first Stanley Cup in franchise history, only to hand the reins to a rookie head coach. Reirden lasted just two seasons behind the bench while Trotz is now in the Eastern Conference Finals with the New York Islanders.

Hiring Laviolette will serve as an attempt to fix that mistake, but the Capitals core is now two years older and Alex Ovechkin is heading into the final year of his deal. There are certainly young exciting players in Washington like goaltending phenom Ilya Samsonov, but the last two years seem like wasted opportunities for this group now that they’ve paid up for an experienced head coach after all.

Qualifying Offer Deadline Set For October 7

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Given the added pressure applied by the flat salary cap, restricted free agent negotiations will take on even greater importance this off-season. That process is set to begin in just over four weeks, as TSN’s Pierre LeBrun reports that the deadline for teams to submit qualifying offers to their restricted free agents has been set for 4pm CT on Wednesday, October 7.

In order for any team to retain their rights to a restricted free agent, the team must submit a qualifying offer. This value is based on the RFA’s expiring contract; a base salary greater than or equal to $1MM is only owed a matching offer, while a base salary less than $1MM is owed a qualifying offer of 105% of the base (a base salary less than $660K is owed 110%). New this year is also a rule pertaining to those contracts signed after July 10 for the purpose of burning an entry-level contract. Those players may receive a qualifying offer up to 120% of their base salary.  A qualifying offer must also be a one-way contract if the player has played in at least 171 NHL games over the past three seasons combined and at least 51 NHL games in 2019-20, and did not clear waivers this season.

Those RFA’s who do receive qualifying offers are then able to sign those offers when the new league year begins at 11am CT on Friday, October 9. Those offers expire on Sunday, October 18 at 4pm CT. Even if a player does not sign their QO, the issuing team maintains the player’s rights simply by making the offer. A restricted free agent can only be signed to a new team by way of an offer sheet.

As for those RFA’s who do not receive qualifying offers, they become unrestricted free agents and join the open market on October 9. Given the cap crunch that many teams are facing, this has a chance to be an unprecedented year when it comes to the RFA market. Teams will have to seriously think about the opportunity cost of extending or in some cases increasing the salaries of some of their current young players. It will be interesting to see what happens when the deadline approaches on October 7.

U.S. Hockey Hall Of Fame Announces 2020 Class

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The U.S. Hockey Hall of Fame has announced their newest class of inductees, as revealed by NBC Sports’ Eddie Olczyk, a U.S. Hall of Famer himself, before this evening’s Western Conference Final Game. The 2020 group is comprised of former NHL player and coach Tony Granato, decorated women’s player Jenny Potter, and a pair of historic college coaches in Jerry York and Dean Blais.

Granato, 56, is the current head coach at the University of Wisconsin. A former Badgers star himself, Granato’s collegiate career vaulted him to the NHL where he played 13 seasons with the New York Rangers, Los Angeles Kings, and San Jose Sharks. Granato recorded four 60+ point seasons, including an 82-point campaign in 1992-93, and was an All-Star and Masterton Trophy recipient in 1996-97. After retiring in 2001, it wasn’t long before Granato joined the coaching ranks as an assistant with the Colorado Avalanche in 2002-03 and by the end of the season he had been named head coach. Granato spent six years with the Avalanche, five seasons as an assistant with the Pittsburgh Penguins, and two seasons as an assistant with the Detroit Red Wings before returning to Madison to become head coach of the Badgers in 2016. Granato has also coached with Team USA at the Olympics twice and played for the Olympic team himself in 1988. An experienced player and coach at the college, pro, and international levels, Granato is a jack of all trades who has enjoyed a long, well-rounded career.

Potter, 41, was a college superstar as well, playing at both the University of Minnesota and the University of Minnesota-Duluth. However, many will remember her for a long international career with Team USA that actually began when she was a senior in high school in Edina, Minnesota. In 15 years with Team USA, Potter played in four Olympics and ten World Championships, racking up impressive scoring totals and a total of 14 medals. Potter additionally played professionally for five seasons, returning from retirement in 2014-15 to play for the CWHL’s Boston Blades. While continuing to compete, Potter also coached for many years at the high school level, before coaching in the NCAA for three years, including one season with Ohio State University, and most recently as the head coach of the Slovakian Women’s National Team in 2017-18. One of the most well-known names in U.S. Women’s hockey history, who has made her mark across the women’s game, Potter is a great addition to the Hall.

York, 75, is entering his 27th season as the head coach at Boston College and owns more than 1,000 wins as an NCAA head coach. A captain of the Eagles during his playing days, York worked his way up from a graduate assistant with BC to become head coach at Clarkson University for seven years, head coach at Bowling Green State University for 15 years, and now head coach of the Eagles for the past 26 years. York has amazingly been a head coach in the NCAA continuously since 1972. A legend in the college ranks, York has coached four BC teams to National Championships and has made a total of 12 Frozen Fours, picking up the NCAA record in tournament wins along the way. An inductee into the Hockey Hall of Fame in 2019, its surprising that York wasn’t added to the U.S. Hall years ago.

Blais, 69, also coached for many years in the NCAA, but additionally made an appearance as an NHL assistant and coached in the high school and junior ranks. A standout player at the University of Minnesota, Blais returned to his alma mater as an assistant coach after a few years playing in the minors. In 1980, Blais was hired as an assistant at the University of North Dakota and spent nine years in that position. After four years off coaching high school in Minnesota, Blais returned to North Dakota as the head coach in 1994 and spent another ten years with Fighting Sioux in his second stint. During this time, he led the program to two National Championships. Blais then left to join the Columbus Blue Jackets as an assistant for three years and served as the head coach and GM of the USHL’s Fargo Force for a pair of seasons. However, he was drawn back to the college game in 2009, becoming the head coach of the University of Nebraska-Omaha. Blais spent eight years with the UNO program before retiring in 2017.

Long-Term Injuries Represent Continued Opportunity For Cash-Rich Teams

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The NHL’s salary cap ceiling will be $81.5MM for 2020-21 and will not increase until the league’s hockey-related revenue surpasses $3.3 billion once again. Even then, the number will grow slowly as the difference in escrow is slowly paid off. Despite that cap being the theoretical number that teams can spend to, many around the league will be icing rosters that are quite a bit cheaper.

Frank Seravalli of TSN reported just a few days ago that the Buffalo Sabres, Arizona Coyotes and Pittsburgh Penguins could all be operating with an internal budget much lower (with the Coyotes perhaps going “just south of $70MM”). They aren’t the only three, which could potentially open up even more opportunities for cash-rich organizations that have strong financial backing. Not only will they be able to bring in a roster that adds up to the salary cap ceiling, but players that are earning more money than their cap hits in 2020-21 could potentially be available in trade at a bargain price.

The other opportunity is one that has existed for some time but could be amplified this offseason: long-term injured reserve.

For years now, teams have traded in “dead contracts” in various situations. Trading for players who are under contract but will never play again has been a routine occurrence for teams like the Coyotes and Toronto Maple Leafs—though the two use those opportunities in very different ways. The Maple Leafs have used a strong financial situation to take on the contracts of players like Nathan Horton and David Clarkson, giving them a bit more flexibility when it comes to the salary cap. No, these dead contracts are not just bonus cap space as some imply, but they can create some creative ways to provide wiggle room around the hard cap.

It’s hard to use this to your advantage when you’re already working on an internal budget, especially with contracts that are not fully insured. But for those teams still able to flex their financial might, there will be some obvious candidates this offseason should they want to pursue these LTIR opportunities and can figure out a way to make it benefit their individual situation.

Ryan Kesler has two seasons remaining on his contract with the Anaheim Ducks, which is set to pay him $6.675MM annually. The 36-year-old forward is not expected to play again thanks to multiple hip surgeries, which ended his playing career in 2019 after he battled through pain to reach the 1000-game mark. Kesler does have a full no-movement clause for this season (which will switch to an eight-team no-trade clause in 2021), but that has been worked around in past transactions like this.

The Coyotes themselves still have Marian Hossa on the books for one more season at a $5.275MM cap hit, though his actual salary is still just $1MM for 2020-21. Hossa hasn’t played since a skin condition forced him into retirement in 2017 and could potentially be used as a trade chip if another team is looking for help reaching the salary cap floor this year. Henrik Zetterberg, is another player whose salary is just $1MM in 2020-21, though he carries a $6.08MM cap hit. The Red Wings have moved on from legendary players in this situation before, trading Pavel Datsyuk’s dead contract to the Coyotes in 2016.

Marian Gaborik is much the same, having last played in the 2017-18 season with the Ottawa Senators. The 38-year-old Gaborik is still under contract for next season and carries a $4.875MM cap hit, but is owed just $3.075MM in actual salary. According to a Postmedia report from 2018, approximately 80% of Gaborik’s salary is covered by insurance, making it an inexpensive way for the Senators to build up their commitments, but that doesn’t mean he won’t be used in a deal to get him completely off the books this summer.

One of the newest additions to this retired-but-still-active group is Brandon Dubinsky of the Columbus Blue Jackets, who missed all of the 2019-20 season with a chronic wrist injury. That injury is expected to keep him from ever playing again, but he is still owed $5.85MM for the 2020-21 season.

Of note, the Maple Leafs, who have been the team most notably acquiring these heavy LTIR contracts, will see both Clarkson and Horton come off the books this offseason. That doesn’t by any means indicate that they will go this route again, but don’t be surprised if you see some movement this offseason on players that will never actually hit the ice in an NHL game again.

Photos courtesy of USA Today Sports Images

Contract Notes: Miller, Thompson, Gallagher

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Ryan Miller may have turned 40 this summer but that doesn’t necessarily mean he’s done with a playing career that has him climbing the all-time lists. The Anaheim Ducks backup goaltender is without a contract for next season and will wait to see what the 2020-21 season looks like before making a decision on his future, according to Pierre LeBrun of The Athletic. Quite succinctly, Miller explained that if the NHL moves to full-season bubbles it wouldn’t be fair to his family for him to sign up and leave for nine months, a notion that is likely shared by many around the league.

Miller is currently 15th on the all-time wins list for NHL goaltenders, just two behind another former Buffalo Sabres legend, Dominik Hasek. That was a player Miller was hoping to catch as recently as May, though it’s still unclear if he’ll get that chance. Even at his age, the veteran of 17 NHL seasons recorded a .907 save percentage in 2019-20, better than many backups around the league.

  • Nate Thompson isn’t put off by the Philadelphia Flyers disappointing playoff loss, in fact, he’s “very interested” in returning to the team next season if possible. Thompson told reporters today that he wants to be a part a “window of winning” that he sees in Philadelphia. The 35-year-old forward was outstanding in the faceoff dot for Philadelphia this postseason, winning more than 60% of his 168 draws. He’s coming off a one-year contract worth $1MM and recorded 15 points in the regular season.
  • Though his contract doesn’t end until 2021, Brendan Gallagher was asked today about his future with the Montreal Canadiens. As he spoke to reporters including Arpon Basu of The Athletic, Gallagher (who is still recovering from a broken jaw), explained that his agent has had preliminary discussions with the team about his next deal. Gallagher, 28, has turned into one of the biggest bargains in the entire league at his current cap hit of $3.75MM, given he has scored 86 goals over his past 223 regular season games (an 82-game pace of nearly 32 goals). Add in all the intangibles he brings to the team, including leadership and his innate ability to get under the opponent’s skin and Gallagher is one of the Canadiens’ most important players.

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