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Archives for July 2022

New York Rangers Close To Signing Vincent Trocheck

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The New York Rangers are close to signing high-end center Vincent Trocheck to a seven-year contract, according to Daily Faceoff’s Frank Seravalli. The Athletic’s Arthur Staple reports the contract has a cap hit of $5.625MM. Trocheck’s extension is similar to the extension Ryan Nugent-Hopkins deal from last summer, meaning it’s a contract that likely has an extended term in order to keep the cap hit as low as possible.

The Rangers’ offseason was always going to revolve around their decision-making in the second-line center spot. The team has operated with Ryan Strome there for the past four seasons, and now Artemi Panarin gets a different running mate for the foreseeable future. There were some who speculated that the cap-strapped Rangers would prioritize cap flexibility and run with playoff hero Filip Chytil in the 2C spot, but GM Chris Drury went in a different direction.

In Trocheck, the Rangers are getting the prototypical second-line center. He can be relied upon for about 50 points of offense, with the upside for considerably more in the right circumstances. Next to Panarin, though, those numbers are likely to rise. Trocheck can also bring a sound defensive game and help the Rangers fill the hole left by Kevin Rooney, who operated as a defensive specialist for the team for the past several years.

This signing, given its cap hit, is a major risk for New York. Trocheck as a player isn’t really risky at all, he’s proven himself as a capable top-six center and should continue to be that in Manhattan. But the risk here is in New York locking up another veteran player to a long-term, pricey contract. Chytil and Kaapo Kakko need new contracts this summer. Alexis Lafreniere and budding star K’Andre Miller will need new deals next summer. Something will have to give, and it will be extremely interesting to see what Drury and his front office do in order to keep their young players on Broadway.

Blues Sign Max-Term Extension With Robert Thomas

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11:25am: The Blues have now made it official, though it will cost a bit more than originally reported. St. Louis has signed Thomas to an eight-year, $65.1MM contract, meaning he will carry an $8.125MM cap hit starting in 2023-24.

7:20am: While unrestricted free agents often dominate the headlines at the start of free agency, it’s also a day when players that are entering the final year of their contracts can sign extensions.  It appears one of those will be Blues center Robert Thomas as Daily Faceoff’s Frank Seravalli reports that the two sides are closing on an eight-year, $64MM extension.

After a tough injury-riddled 2020-21 campaign that saw the 23-year-old put up just three goals and nine assists in 33 games, St. Louis pushed for a bridge contract last summer, eventually agreeing to a two-year, $5.6MM pact that was identical to the one that Jordan Kyrou had signed a month earlier.

It’s safe to say that the Blues got a fantastic return on the first year of that deal as Thomas put up 20 goals and 57 assists in 72 games last season, good for second in team scoring behind Vladimir Tarasenko.  On top of that, his playing time jumped up by more than five minutes a game to 18:36 while becoming an all-situations player.  In other words, he performed like a true top center.

He’s certainly about to be paid like a top-line center as the $8MM AAV of this deal nearly triples his current price tag and would make him the Blues’ highest-paid player for 2023-24.  This contract will buy out his final two remaining RFA-eligible years and then give St. Louis six extra years of team control beyond that.

St. Louis has $18MM coming off their books in the summer of 2023, the bulk of that coming from $7.5MM expiring deals for Tarasenko and Ryan O’Reilly so GM Doug Armstrong certainly has some flexibility at his disposal to give Thomas this type of contract.  He’ll likely want to keep O’Reilly while Kyrou will be looking at a significant raise of his own and by the time those two deals get done between now and next summer, most of their savings will already be spent.  But they’ll have Thomas locked up through the prime of his career and if he can continue to improve, this contract could become a team-friendly one down the road.

Photo courtesy of USA Today Sports Images.

Calgary Flames Expected To Sign Kevin Rooney

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Per Sportnet’s Elliotte Friedman, the Calgary Flames are signing forward Kevin Rooney to a two-year contract worth $1.3MM per season. Rooney spent the last two seasons on the New York Rangers, operating as the team’s fourth-line center for most of his tenure there.

Rooney’s signing in Calgary likely signals last season’s fourth-line pivot, Trevor Lewis, could be returning to the wing, where he has spent most of his career. In New York, Rooney was an effective fourth-line center who provided defense-first play and not much in the way of offense. Rooney’s six goals and six assists certainly won’t excite any Flames fans still reeling from the loss of Johnny Gaudreau, but his 2:07 average time-on-ice short-handed should excite coach Darryl Sutter very much. As a penalty-killing defensive specialist, Rooney should help the Flames on that area of special teams as well as give them around 10-12 minutes of even-strength ice time they won’t need to worry about.

This will be a major offseason for the Flames, but not every move has to be one of extreme significance. Rooney will need to improve his work at the faceoff dot, as his career 46.3% win rate is underwhelming for a defensive center, but otherwise, he’s a reasonable, sensible acquisition for a GM facing a ton of pressure. He’ll likely become a favorite of Darryl Sutter and should be someone Flames fans come to admire for his work on their penalty kill.

Columbus Blue Jackets Sign David Jiricek, Denton Mateychuk

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The Columbus Blue Jackets have locked up two huge parts of their future, signing David Jiricek and Denton Mateychuk to three-year entry-level contracts. The young defensemen were picked sixth and 12th respectively in this month’s draft.

The earlier pick, Jiricek, is an extremely accomplished defenseman for his age, having played for Plzen of the Czech Extraliga for parts of the past three seasons. Jiricek had 11 points in 29 games and one point in Czechia’s one-game run during the short-lived 2022 IIHF World Junior Championships. Jiricek is known for his size, all-around game, and booming point shot. He’s coming off a major knee injury, but it’s not expected to have any long-term impact on his career. With this signing, the Blue Jackets have the option to bring Jiricek to training camp and see if the polished defenseman can make their team.

Mateychuk, on the other hand, may take a bit more time than Jiricek. The Canadian defenseman plays a dynamic game that’s a bit less pro-ready. Mateychuk had 64 points in 65 games for the WHL’s Moose Jaw Warriors and had 10 points in their 10-game playoff run. Mateychuk is a tad undersized, standing at five-foot-eleven, but even with that in mind, he plays the sort of game that is becoming increasingly valued in today’s NHL. He’ll likely return to Moose Jaw for another season before possibly contending for an NHL job in 2022-23 at the earliest.

St. Louis Blues Extend Nick Leddy

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According to Daily Faceoff’s Frank Seravalli, the St. Louis Blues are closing in on a four-year extension with defenseman Nick Leddy. The team confirmed a four-year deal worth $4MM per season. Leddy was originally acquired by the Blues from the Detroit Red Wings in a mid-season trade.

In St. Louis, Leddy provided what he’s provided at pretty much every stop of his 851-game NHL career. He’s a defenseman who’s at his best with the puck on his stick, moving the play up the ice in order to get his team into the offensive zone. Leddy is among the smoothest-skating veteran defensemen in hockey, and although his offensive production hasn’t been where one might assume it would be for a defenseman of that profile, he’s no slouch there either. Leddy had a healthy eight points in 20 games in St. Louis and five in the team’s playoff run. Leddy could be routinely counted on for 40-plus points in his days as a New York Islander, although those days are likely over.

At 31 years old, the Blues are likely getting a defenseman who can help ease some of Justin Faulk’s transition-game load. A point total of around 30 would be a reasonable expectation for Leddy, and the hope has to be that he doesn’t age too poorly, as this deal will take him until he’s 35 years old. The Blues will need to shelter Leddy a bit, as he’s far from an effective defensive defenseman, but if coach Craig Berube can deploy him effectively he’ll be a strong addition to a Blues club intent on competing for a Stanley Cup in the near future.

One note is the structure of the deal: the contract is mostly front-loaded, with the salary declining by around $500k per year, per reports. With that in mind, the Blues could be structuring the deal so it can be easily traded in a cap-dumping move similar to the ones we have seen already this offseason.

Justin Schultz Expected To Sign With Seattle Kraken

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Former Washington Capitals defenseman Justin Schultz is expected to head to the Seattle Kraken on a two-year deal worth roughly $3MM per season, per Sportsnet’s Elliotte Friedman.

It had been long rumored that the Kraken would be after an offensive defenseman who could help them on their powerplay and help them in transition. Schultz is exactly that, having made his career around his offensive abilities since breaking into the league in 2012-13. Schultz’s offensive production isn’t what it once was, with his 23 points in 74 games representing a sharp decline from his 27 points in 46 games last season.

But even with that in mind, one has to remember that the kind of profile Schultz brings isn’t exactly easily found on the market. Defense-first, crease-clearing defensemen are more common on the open market than ones with fifty-point seasons on their resumes, so Schultz is perhaps the most suitable option for the Kraken if they did not want to dip into the deep end of the market and acquire a player like John Klingberg.

The biggest risk with this signing, though, is in Schultz’s health. Schultz has struggled to play consistently in recent years, and has not been able to cross even the 70 games played mark since 2016-17. At a $3MM price tag, the Kraken will not only need Schultz to be productive, they’ll also need him to be healthy. That’s a major risk to take for a player who just turned 32 years old. Kraken GM Ron Francis entered this offseason with a clear mandate: improve the Kraken offensively. Schultz is his first choice in that quest, and it’s a big swing. Time will tell if it works out.

New Jersey Devils Expected To Sign Brendan Smith

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Per Daily Faceoff’s Frank Seravalli, the New Jersey Devils have agreed to terms with defenseman Brendan Smith on a two-year deal carrying a $1.1MM cap hit. This signing represents Smith’s return to the tri-state area, having spent parts of five seasons on the New York Rangers. Smith, 33, is an inexpensive signing for the Devils and one that will help them shore up their bottom pairing.

At this point in his career, Smith isn’t an earth-shattering addition. He’s a bottom-pairing defenseman who averaged just under 14 minutes of ice time last season. He brings a stay-at-home, physical style that got him on the Hurricanes’ penalty kill, where he averaged 1:04 of short-handed ice time per game. A well-respected locker room voice, Smith has shown versatility and a team-first mentality in the past, having even played sporadically as a forward late in his tenure with the Rangers because he lost his spot on their blueline.

This signing won’t be the major win of GM Tom Fitzgerald’s offseason. But for one of the NHL’s youngest teams, adding a safe, veteran defenseman at an affordable price is the sort of under-the-radar move that can make a big impact. Smith won’t be the reason the Devils get back to the playoffs, but if they do end up competing in a cutthroat Metropolitan division, Smith will help steady the ship.

Tampa Bay Lightning Sign Ian Cole

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The Tampa Bay Lightning have signed veteran defenseman Ian Cole, according to Frank Seravalli of Daily Faceoff, who reports that the deal is worth $3MM. Cole, 33, signs in Tampa Bay as the likely replacement for Jan Rutta, who is reportedly moving on after winning two Stanley Cups as Victor Hedman’s main partner. Cole’s $3MM deal is a $100k raise from the $2.9MM he made last season on the Carolina Hurricanes.

In Cole, the Lightning are acquiring a defender with significant playoff experience and an accomplished overall resume. A veteran of 670 NHL games, Cole won two Stanley Cups on the Pittsburgh Penguins. For years, Cole has been a reliable, defense-first fourth or fifth defenseman. Last season he ranked fifth on the Hurricanes in ice time and third on the team in short-handed ice time. He handled those minutes with some success, helping the Hurricanes have one of the top penalty kills in the NHL and one of the better overall defensive games.

With Rutta on the way out, Cole is the Lightning’s way of making sure his departure doesn’t impact their team too strongly. On a one-year term, Cole is a low-risk investment. Although he’s 33 years old, the odds are that Cole will be able to handle a similar role in Tampa Bay and a $3MM price tag is the market rate for players who can do that. He won’t wow fans or be the sort of flashy signing many want to see, but it’s a tidy bit of business by Julien Brisebois.

Jack Campbell Signs With Edmonton Oilers

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As expected, the Edmonton Oilers have signed goaltender Jack Campbell to a long-term contract. The deal, according to Darren Dreger of TSN, will be for five years and a total of $25MM. Campbell’s signing in Edmonton had long been rumored, and it has now been confirmed by the league’s insiders just seconds into the new league year. Campbell has spent the past two seasons as the number-one goalie for the Toronto Maple Leafs, where he experienced a career breakout.

In Toronto, Campbell played like a true starting goalie. In parts of three seasons there, Campbell has a .916 save percentage in 75 starts. Campbell began 2021-22 on a tear, before struggling down the stretch as he battled injuries and inconsistency.

At only 30 years old, Campbell represents a long-term investment for the Oilers, who previously relied on Mike Smith, who is 40, to be their starting goalie. After an encouraging run to the Western Conference final, Oilers GM Ken Holland has a clear mandate: turn the Oilers into a Stanley Cup contender while Connor McDavid and Leon Draisaitl are both under contract and in their primes. The team locked up Evander Kane in the early hours of this morning, and have now confirmed who will be their starting goalie for possibly the next half-decade.

This deal is somewhat of a risk for the Oilers, as Campbell doesn’t offer the extensive resume a goalie like Darcy Kuemper could provide, nor does he offer much in the way of proven playoff success. But what he does provide is starting-caliber goaltending with the potential for elite performance, at a price tag lower than what other accomplished goalies have cost in the past. If Campbell can perform anything like the player the Oilers poached from Toronto last summer, Zach Hyman, this deal will be a home run for Edmonton.

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