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Archives for July 2023

Michael McLeod Rejoining New Jersey Devils

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Per The Fourth Period’s James Nichols, center Michael McLeod is heading back to the New Jersey Devils on a one-year contract worth $1.4MM.

As fellow Devils fourth-liner Nathan Bastian also re-signed today, meaning even if Miles Wood ends up departing to another club New Jersey will have most of their fan-favorite depth line locked in for next season.

McLeod secures a nice pay raise for himself over the $975k he earned last season, and that’s a solid reward after what was a strong season for the 25-year-old 2016 first-round pick. Not much of a goal scorer, McLeod only potted four during the regular season but did manage to score half that total in 12 playoff games.

He finished with 26 points in the regular-season, a career-high, though he showed the most value on the penalty-kill and in his defensive game. The Devils may have preferred to lock McLeod up for a longer term, but at the very least this deal returns their 4C to their club at an affordable cost.

McLeod was a key piece to a Devils crash-and-bang fourth-line that would spread chaos whenever it hit the ice, and if the team is interested in maintaining that type of line keeping McLeod at an affordable cost was crucial. With this deal, they’ve done exactly that, while McLeod has set himself up for an even bigger pay raise in a year’s time if he can manage to show a little bit more of an offensive game.

Nashville Predators To Sign Ryan O’Reilly

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The Nashville Predators have made the biggest splash of the day so far, signing former Conn Smythe Trophy winner Ryan O’Reilly to a four-year contract worth $4.5MM per season, according to Sportsnet’s Elliotte Friedman.

While many expected the trade of Ryan Johansen to Colorado and yesterday’s Matt Duchene buyout to signal a rebuild-like direction for Nashville under new GM Barry Trotz, today’s signings of O’Reilly and defenseman Luke Schenn suggest otherwise.

At 32 years of age, adding a Conn Smythe winner in Ryan O’Reilly is firmly a win-now signing. O’Reilly is at his most valuable in the postseason, and is talents would be wasted on a club building for some distant future rather than an immediate playoff run.

O’Reilly has long been regarded as one of the top two-way centers in hockey, though his form in St. Louis earlier this season did raise some concerns about how his offense will age as he gets deeper into his thirties. O’Reilly scored 58 points in 2021-22 but just 19 in 40 games to start the year with the Blues.

He did fare much better after a mid-season deal to Toronto, so Nashville will undoubtedly be hoping that his Toronto form is more indicative of what they’ll be getting for the next four years.

If nothing else, the addition of O’Reilly will be a huge benefit to the Predators’ current crop of inexperienced young centers, such as Cody Glass, Juuso Parssinen, and Thomas Novak. If O’Reilly can help those pivots grow into quality NHLers while also playing up to the standard he’s established throughout his career, a $4.5MM price tag will feel like a bargain.

Photos courtesy of USA Today Sports Images

Edmonton Oilers To Sign Lane Pederson

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The Edmonton Oilers are signing forward Lane Pederson to a two-year, one-way deal worth $775K per season, per Daily Faceoff’s Frank Seravalli.

The 25-year-old Saskatoon native is an accomplished AHL scorer who has scored around a point-per-game rate in the American League in recent seasons without much success in the NHL. He played for two NHL clubs last year and scored a combined six points in 27 games.

He has the versatility to play both center and wing and has been an alternate captain in earlier locations during his career, so his signing will be a major benefit to the Oilers’ AHL affiliate, the Bakersfield Condors, should he fail to make the team out of training camp and clear waivers.

While he was claimed off of waivers this past season that may not be as much of an issue at the start-of-season waiver period since significant injury issues down the middle were a significant motivator to Columbus placing their claim.

Teams are unlikely to be in similarly dire positions at the start of the season, meaning Pederson has a solid chance of starting the season in Bakersfield, where he’d instantly be among their most important players as well as a priority call-up option should the Oilers themselves run into some injury trouble.

Los Angeles Kings Sign Jaret Anderson-Dolan, Mikhail Maltsev

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Forward Jaret Anderson-Dolan is returning to the Los Angeles Kings despite not being issued a qualifying offer yesterday. Per the team, he’s been issued a one-year deal worth $775K. ESPN’s Kevin Weekes reports they’ve also signed forward Mikhail Maltsev to another one-year, $775K deal.

Anderson-Dolan has been with the Kings since he was drafted by them 41st overall at the 2017 draft. In 2021-22 Anderson-Dolan took a step forward in the AHL, scoring 24 goals and 47 points in 53 games. That earned him a long look at the NHL level, and he got into 46 regular-season games scoring seven goals and 12 points.

With this affordable contract extension, Anderson-Dolan is likely to once again be in place for a depth role in Los Angeles, though as he’s set to turn 24 he won’t be waiver-exempt as he was in earlier seasons.

Maltsev, 25, is a speedy winger who, like Anderson-Dolan, has been a quality scorer at the AHL level but hasn’t quite found his footing yet in the NHL. He’s got just nine points in 56 career NHL games but 91 points in 134 games at the AHL level.

While he’ll have to clear waivers to be sent to the Ontario Reign, the Kings’ affiliate, should he clear he’d boost their offensive attack while also serving as a call-up option should some injury issues hit the Kings’ lineup.

Luke Schenn To Sign With Nashville Predators

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The Nashville Predators are signing veteran defenseman Luke Schenn to a three-year deal worth $2.75MM per season, according to Daily Faceoff’s Frank Seravalli.

This is a major coup for Schenn, who has secured a massive pay raise from the $850k he earned this past season. He’s now secured a quality annual paycheck for three seasons where he’ll be in his mid-thirties, a rarity for defensive defensemen like Schenn.

He’s certainly earned the raise, though, as he’s had a career renaissance over the past few seasons. In 2018-19 Schenn played in the AHL for the first time in his career, actually skating more games in the American League than the NHL. But after signing with the Tampa Bay Lightning Schenn re-emerged as an NHL depth defenseman, even playing a cameo role on two Stanley Cup-winning teams.

That earned him a more regular job on the Vancouver Canucks blueline, where he re-established himself as a physical, defensively competent defenseman. His ice time jumped up to over 17 minutes a night, and he was eventually dealt to the Toronto Maple Leafs for their playoff push.

In Nashville, Schenn will be a relied-upon defensive defenseman who should be a regular face on their penalty kill. While it’s certainly a risk for a team to hand this kind of term to a player like Schenn at Schenn’s age, Nashville has certainly upgraded its defense at least in the immediate term and did not pay an exorbitant cost to do so.

Washington Capitals Acquire Joel Edmundson

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The Washington Capitals are close to solidifying their defense corps. Per Sportsnet’s Elliotte Friedman, they’re working on a deal to acquire left-shot Joel Edmundson from the Montreal Canadiens. Per TSN’s Darren Dreger, Montreal is receiving draft picks in return. Those picks are a 2024 third-round pick and a 2024 seventh-rounder. The Canadiens are retaining 50% of Edmundson’s $3.5MM cap hit as part of the deal.

This is a trade that’s easy to like from both sides of the equation. For Washington, they get to add an accomplished veteran defenseman who is both a respected stay-at-home blueliner as well as a valued locker-room leader. While he’s had injury issues crop up more recently during his tenure in Montreal, Edmundson is a Stanley Cup champion with significant playoff experience.

He’s provided the Canadiens with steady play and at times a ferocious net-front presence. He’s likely a better fit on a bottom-pairing with penalty-killing time than he is as a bona fide top-four player.

Thankfully in Washington they have the type of defensive depth that will allow new head coach Spencer Carbery to utilize Edmundson how he prefers.

With Rasmus Sandin and Martin Fehervary already penciled into slots on Washington’s left side, Edmundson is likely to pair with Trevor Van Riemsdyk, giving Washington a bulletproof third-pairing that Carbery can deploy in high-leverage defensive situations. With 50% retention, it’s hard to argue at the draft pick cost for the Capitals.

As for Montreal’s side of the equation, it undoubtedly hurts to lose Edmundson’s locker room leadership for their young team. But Montreal has a crop of young blueliners that’ll need ice time to develop, and with Jordan Harris, Arber Xhekaj, and Kaiden Guhle all left-handers, not to mention veteran Mike Matheson, there simply wasn’t room for Edmundson if the priority in Montreal is player development.

By retaining salary, Montreal gets the best possible draft compensation to further their rebuild, while also clearing space for their growing group of promising young blueliners.

Photos courtesy of USA Today Sports Images.

Carolina Hurricanes Re-Sign Antti Raanta

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Netminder Antti Raanta is sticking around with the Carolina Hurricanes. TSN’s Darren Dreger says he’s signed a one-year, $1.5MM contract minutes before he would have hit unrestricted free agency.

Raanta, 34, has spent the last two seasons as a backup goalie with the Hurricanes. He’s played 55 games in that span and posted a .911 save percentage and 2.34 goals-against-average. Performance has never been the issue for Raanta, who has an impressive .918 career save percentage. Instead, it’s been availability that’s been his major issue.

Raanta has consistently struggled with injuries throughout his NHL career, Carolina included. As a result, Carolina has more recently preferred to carry three NHL-caliber goalies in order to insulate themselves from any Raanta injuries.

At a $1.5MM price tag with no extra term attached, the Hurricanes have taken one step towards rebuilding their three-goalie tandem, and while they certainly could opt to run with just Raanta and Pyotr Kochetkov as their goalie tandem, it’s unlikely this deal locks them out of making any other goalie moves.

Blue Jackets Sign Adam Fantilli

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Today is the first day that teams can sign their newly-drafted players to NHL contracts.  The Blue Jackets aren’t wasting any time with their top pick, as they’ve signed Adam Fantilli to a three-year, entry-level contract.  PuckPedia reports (Twitter link) that the deal carries an AAV of $4.15MM with bonuses, breaking down as follows:

2023-24: $855K salary, $95K signing bonus, $82.5K AHL salary, $1MM in ’A’ bonuses, $2.2MM in ’B’ bonuses
2024-25: $855K salary, $95K signing bonus, $82.5K AHL salary, $1MM in ’A’ bonuses, $2.2MM in ’B’ bonuses
2025-26: $855K salary, $95K signing bonus, $82.5K AHL salary, $1MM in ’A’ bonuses, $2.2MM in ’B’ bonuses

Fantilli was widely expected to be off the board by the time Columbus picked with the third-overall selection.  However, Anaheim, who picked second, opted to not take Fantilli and instead selected Leo Carlsson.

The 18-year-old had a dominant year with Michigan.  He led the NCAA in scoring this season with 30 goals and 35 assists in 36 games, collecting at least a point in all but three of his appearances.  That helped him be named National Rookie of the Year along with the Hobey Baker Award for the best player in college hockey.

Fantilli also had a good showing internationally last season.  He picked up five points in seven contests at the World Juniors and also saw action at the World Championship as one of only five draft-eligible players participating; Fantilli had a goal and two assists in ten contests at that event.

Last month, Fantilli expressed an openness to remaining with the Wolverines for another season but after Columbus picked him, GM Jarmo Kekalainen indicated that he’d like to see Fantilli turn pro.  He’s clearly getting his wish.

While it will take some time for him to live up to his potential, the Blue Jackets believe that Fantilli has a chance to become the legitimate top-line center that they have been seeking for quite some time now.  If that happens, Columbus will finally have that particular much-needed franchise pillar in place.

Devils Expected To Re-Sign Nathan Bastian

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Yesterday, the Devils opted to non-tender several players, including winger Nathan Bastian, to avoid the risk of them filing for salary arbitration.  It appears as least one of them will be sticking around as Sportsnet’s Elliotte Friedman reports (Twitter link) that all signs point to Bastian remaining with New Jersey. PuckPedia reports he’s signed a two-year deal worth $1.35MM per season.

The 25-year-old dealt with a shoulder injury last season that limited him to just 43 games.  However, Bastian still managed to have his second-best season offensively, notching six goals and nine assists.  In the playoffs, he picked up a goal and an assist in 12 contests.

Of course, Bastian is more known for his physicality.  After putting up nearly 200 hits in 2021-22, he managed 99 more last season despite missing nearly half the year.  Between that and a serviceable offensive ability, Bastian has carved out a role for himself as a capable fourth liner in the NHL.

Bastian’s qualifying offer was just under $920K and it seems reasonable to expect that he will get more than that from New Jersey, assuming this deal becomes finalized.  But with 163 games under his belt, he’d have been in line to potentially double that qualifier in arbitration, a price point that the Devils can’t really afford in their cap structure.  We should soon see what middle ground they were able to find.

Matt Nieto Expected To Sign With Pittsburgh Penguins

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The Pittsburgh Penguins are getting a head start on free agency, reportedly getting a veteran addition to their bottom six. Winger Matt Nieto is expected to sign a two-year deal worth $900K to join the Penguins, says TSN’s Darren Dreger, who previously reported Nieto was heading to Edmonton.

Nieto, 30, is a respected bottom-six player who split last season between the San Jose Sharks and Colorado Avalanche. Nieto has averaged just over 14 minutes of ice time per night in his career, though he saw his ice time drop dramatically after his mid-season trade to the Avalanche. He was averaging over 15 minutes per night in San Jose, and went to under 11 minutes with the Avalanche.

A capable penalty-killer and defensive presence, Nieto chipped in 12 goals and 24 points in 81 games last season. While Nieto doesn’t offer the size or overwhelming physicality that some teams would like to see out of their bottom-six forwards, there are far worse options for a team to run in their bottom-six.

Nieto has been on a few playoff runs of significance, and that’s exactly what Pittsburgh hopes to be doing next season. An offseason priority for the Penguins has been upgrading the lower-end of their lineup, and adding Nieto will help them do just that.

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