Checking In On Notable Remaining Restricted Free Agents

We are now three weeks away from training camp opening up in the NHL with preseason games coming quickly after. We recently checked in on several free-agent players looking for new homes shortly before preseason action and we’ll now pivot to notable restricted free agents still looking to re-up with their current clubs.

Goalies

One of the most oft-mentioned restricted free agents over the summer has been Jeremy Swayman of the Boston Bruins. Recent reporting indicates that Swayman is not looking for the rumored $10MM a year salary but is looking more in the $8.5MM range. This would be a welcome sign for most teams but not for the Bruins as they are seeking a contract closer to $6MM a year and that gap is not close to getting bridged. They may come together soon and agree to a short-term pact that could lead Swayman to unrestricted free agency and give the Bruins more time to figure out their salary cap structure; this has all the makings of a contract negotiation that could leak into the regular season.

A reasonable price for Swayman may land between both asking prices with honest arguments. Swayman has earned a 79-33-15 record in 125 starts over his career in Boston with a .919 SV% and 2.34 GAA. There is a legitimate argument that Swayman has benefited greatly from the team playing in front of him and sharing the net for several years with now-Ottawa Senator, Linus Ullmark. Swayman’s side will likely argue that $8.5MM is a reasonable salary for an undisputed starter on a playoff-caliber team. He earned the majority of starts last season (43) and finished sixth in the league in goals saved above average with 16.4 with approximately 10 fewer games played than other goaltenders above him.

Defensemen

It’s been a quiet summer for the 2021-22 Calder Memorial Trophy winner Moritz Seider. He saw his entry-level contract expire on July 1st and very little has been reported on regarding current negotiations between himself and the Detroit Red Wings. The Red Wings currently own around $17.65MM in cap space so money won’t be an issue in retaining either Seider or his teammate Lucas Raymond (more on that later).

The young German defenseman has not missed a game since making his NHL debut on October 14th, 2021, and has been Detroit’s best defenseman since then. He’s been solid offensively with 21 goals and 134 points in 246 games over his entry-level deal but his defensive metrics are much more difficult to interpret. Seider is regularly put into bad situations when he hits the ice as the Red Wings’ most serviceable option on the back end. He’s finished towards the bottom of the roster in on-ice save percentage over his three-year career but he also finishes towards the top of the team in defensive zone starts.

The other notable restricted free-agent defenseman is nearly 1,200 miles away in Dallas, Texas. Thomas Harley is coming off an electric season with the Dallas Stars scoring 15 goals and 47 points in 79 games. He quickly became an offensive option behind Miro Heiskanen and gave the Stars more of a complete powerplay. The most recent reporting came on August 9th with general manager Jim Hill maintaining confidence that Harley will sign soon.

Forwards

Circling back to Detroit; Raymond joins Seider as another restricted free agent yet to re-sign with the Red Wings. He’s a more complicated situation to interpret as Raymond exploded offensively with 31 goals and 72 points last year. The young Swedish forward averaged 53 points a season before that so Detroit may have more desire for a short-term pact before they commit to Raymond as a first-line talent. Coupled with a shooting percentage 6.4% higher than his career average last year; the Red Wings may believe a certain amount of regression is in order next year.

Seth Jarvis of the Carolina Hurricanes arguably represents the most talented option left on the board. A report yesterday from David Pagnotta of The Fourth Period indicates a long-term deal may be on the horizon. It’s no surprise why both sides are targeting a long-term contract as he already showed his importance last year for Carolina before the organization lost a few key forwards this summer. He finished second on the team in scoring last season with 33 goals and 67 points in 82 games while chipping in another five goals and nine points in 11 postseason contests. The contract should eat into much of Carolina’s remaining salary cap space of $6.44MM according to PuckPedia.

The last notable restricted free agent forward we’ll touch on is Dawson Mercer of the New Jersey Devils. The two sides have reportedly exchanged proposals which lends to the idea a deal will be done soon. He’s not as high-profile as some of the other forwards on New Jersey’s roster but Mercer has been a consistent and available scorer since entering the league three years ago. He hasn’t missed a game since the start of the 2021-22 season which has become invaluable to a Devils’ roster that has been rocked by injuries the last few years. Given his reliability and offensive abilities his AAV should land between Ondrej Palat ($6MM AAV) and Erik Haula ($3.15MM AAV) on the Devils’ salary cap table.