It has been a tough last few seasons for Coyotes winger Andrew Ladd who has struggled to stay healthy and struggled to produce when he has been in the lineup. While he still has one year left on his contract, Craig Morgan of PHNX Sports reports that the veteran is unsure if he wants to play out that final season; his agent J.P. Barry indicated that a decision will be made later this summer when the time comes to start ramping up training in preparation for the season.
The 36-year-old was moved from the Islanders to the Coyotes last summer as New York was looking to free up some much-needed cap space. From an on-ice perspective, the move worked out reasonably well for Ladd who stayed in the NHL all season and got into 51 games after seeing action in just four the year before. Of course, his production (seven goals and five assists) is hardly worthy of the $6.5MM AAV he carried.
Ladd is owed a $3MM signing bonus this summer (which may have already been paid as a lot of bonuses are due at the start of the league year) plus a $1MM base salary which are the numbers that matter most to Arizona, a team that is looking to limit their spending as they go through an extended rebuild. If that money comes off the books, it’s quite possible that they’d turn around and make another trade to take on another undesirable contract as GM Bill Armstrong has done on several occasions already.
The Islanders will also be keeping tabs on this situation. As part of the trade that sent Ladd and two second-round picks (used on defensemen Janis Moser and Mattias Havelid), New York also put in a conditional third-round selection in 2023. Per CapFriendly, that pick will go to the Coyotes if Ladd does not play in any professional games in 2022-23 while under his current contract, or does not retire prior to the conclusion of the 2022-23 regular season. As a result, this situation will be one to keep an eye on in the coming weeks.