Headlines

Go To MLB Trade Rumors
Go To Hoops Rumors

Arbitration

Josh Ho-Sang Avoids Arbitration

at CDT | by 1 Comment

The New York Islanders and Josh Ho-Sang have avoided arbitration, signing a new one-year, two-way contract worth $700K at the NHL level according to Elliotte Friedman of Sportsnet. Ho-Sang had a hearing scheduled for Friday, which will no longer be required.

Ho-Sang, 24, appeared to be heading toward a split with the Islanders after another testy season. He played only 16 games with the Bridgeport Sound Tigers, requested a trade, and found himself sent nearly 2,000 miles away to San Antonio, loaned to the AHL’s Rampage. Even a qualifying offer was surprising, but the team obviously didn’t want to allow him to walk into unrestricted free agency without receiving any value back.

Now, on a two-way, league-minimum contract, Ho-Sang’s trade value may actually have crept high enough for something to get done. Teams around the league that need to fill out their lineup with cheap forwards could call the Islanders and give the talented offensive player a chance. While he certainly hasn’t proven anything to this point, Ho-Sang does have 24 points in 53 career NHL games and has always been able to contribute on the minor league powerplay.

The Islanders haven’t escaped arbitration completely just yet. The team still has a hearing with star defenseman Ryan Pulock scheduled for November 6, and also has a negotiation to complete with the ineligible Mathew Barzal.

Chris Tierney To Re-Sign With Ottawa Senators

at CDT | by 3 Comments

The Ottawa Senators have come to another relatively hefty extension for a veteran player, agreeing with Chris Tierney on a two-year contract according to Bruce Garrioch of Postmedia. The deal will carry an average annual value of $3.5MM, with Tierney earning $2.8MM in 2020-21 and $4.2MM in 2021-22. The 26-year-old forward was a restricted free agent with an arbitration hearing scheduled for November 8. That hearing will no longer be required.

While many players are able to post career-highs when they move from a good team to a bad one and are given more responsibility, since arriving in Ottawa, Tierney still hasn’t been able to match the 17 goals he recorded during his final season in San Jose. He did post a career-best 48 points in 2018-19, but it came with just nine goals. This season he increased that number to 11, but the points dropped down to 37 in the shortened season.

Averaging more than 17 minutes a game, Tierney has become a core piece of the Senators forward group that trailed only Connor Brown, Jean-Gabriel Pageau and Brady Tkachuk in ice time. While he likely should settle into a lesser role when Ottawa wants to compete, for now, he can continue to help the youngsters find their game while providing solid middle-six production.

The question that comes with almost every Senators signing these days is whether or not Tierney will actually finish this two-year deal in Ottawa. The contract is heavily back-loaded, allowing the team to move a good chunk of the salary owed if they decide to flip him at some point. With several top prospects pushing up the lineup and even more on the way, Tierney’s spot won’t be there forever. With no trade protection, he will be a valuable asset at the deadline if the team decides to move on.

Arbitration Breakdown: Linus Ullmark

at CDT | by Leave a Comment

While the Sabres were able to avoid one looming arbitration hearing earlier today when they re-signed Sam Reinhart, they have one on the horizon with goaltender Linus Ullmark.  If they’re unable to reach an agreement before Monday’s hearing, they’ll be forced to await the ruling of the arbitrator as mid-hearing settlements can’t be reached this time.  Here’s a closer look at his case.

Filings

Team: $1.8MM
Player: $4.1MM
Midpoint: $2.95MM

The Numbers

Ullmark has only been an NHL regular for two years now and both of those were spent in basic platoon situations with veteran Carter Hutton.  Hutton has made 78 starts in that span with Ullmark checking in at 68 but the latter has had the slightly better numbers.  The fact that Ullmark hasn’t been able to stake his claim to a bigger share of the workload certainly doesn’t help his arbitration case as it takes away the ability to use mid-tier starters as comparable contracts.  Further restricting his options is his limited NHL experience overall; while he has played in parts of five straight NHL seasons, he hasn’t yet reached 100 games played.

On the flip side, what will help his cause is that Ullmark did improve his numbers considerably last season from his performance in 2018-19.  His save percentage went up by ten points, his GAA went down by 42 points, and his win percentage of 50% was also an improvement and even stands out on a team that only won 43% of his games.  By no means was this a dominant platform year but Ullmark’s improvement will look favorable in the eyes of an arbitrator and helps when looking through comparable contracts.

2019-20 Stats: 34 GP (34 starts), 17-14-3 record, 2.69 GAA, .915 SV%, 1 SO
Career Stats: 97 GP (92 starts), 41-41-10 record, 2.81 GAA, .911 SV%, 3 SO

Potential Comparables

Comparable contracts are restricted to those signed within restricted free agency which means UFA deals and entry-level pacts are ineligible to be used.  The contracts below fit within those parameters.  Player salaries (or current-year equivalents) also fall within the parameters of the submitted numbers by both sides.

Alexandar Georgiev (Rangers): Let’s look at one signed in recent weeks as a starting point.  While this is a post-ELC deal (Ullmark is three seasons past that point), his numbers this season are relatively comparable to Ullmark’s as are his career totals.  On top of that, he subjectively appears to fall within the same category as Ullmark – a young goalie with some perceived upside but whose overall performance seems to fall just below that of a starting netminder.

Contract (2020): Two years, $2.425MM AAV, 2.98 CH%
Platform Stats: 34 GP (32 starts), 17-14-2 record, 3.04 GAA, .910 SV%, 2 SO
Career Stats: 77 GP (71 starts), 35-31-7 record, 3.00 GAA, .913 SV%, 4 SO

Joonas Korpisalo (Blue Jackets): Korpisalo’s playoff performance skews things a bit more in his favor but the regular season numbers are much closer.  His injury paved the way for Elvis Merzlikins to take a big chunk of playing time for himself and as a result, his 2019-20 numbers are quite similar to Ullmark’s and again, he’s a netminder that has yet to establish himself as a full-fledged starter and it’s worth noting as well that Korpisalo signed this deal in the same spot as Ullmark is, one year from UFA eligibility.

Contract (2020): Two years, $2.8MM AAV, 3.44 CH%
Platform Stats: 37 GP (35 starts), 19-12-5 record, 2.60 GAA, .911 SV%, 2 SO
Career Stats: 127 GP (116 starts), 60-43-14 record, 2.80 GAA, .908 SV%, 3 SO

Michal Neuvirth (Capitals) – Given the narrow window to try to work with (possible future starters with mixed results and around 100 career GP), let’s go back in time a little bit.  There was a time where Washington hoped that Neuvirth could be a starter of the future.  His platform year for this contract came in the lockout-shortened season so some extrapolation is necessary.  This likely represents the high end of what Ullmark could stand to realistically receive.

Contract (2013): Two years, $2.4MM AAV, 3.73 CH%
Current-Year Equivalent: $3.04MM
Platform Stats: 13 GP (12 starts), 4-5-2 record, 2.74 GAA, .910 SV%, 0 SO
Career Stats: 121 GP (105 starts), 55-35-11 record, 2.66 GAA, .909 SV%, 7 SO

David Rittich (Flames) – Let’s now look at someone who had even less of a track record than Ullmark.  When Rittich signed this deal, he had basically two years under his belt, one as a backup and one as the strong-side platoon starter.  His platform numbers are slightly better than Ullmark’s but Ullmark’s longer track record could help offset that.  Like Korpisalo, this is another deal in the one year from UFA category.

Contract (2019): Two years, $2.75MM AAV, 3.37 CH%
Current-Year Equivalent: $2.75MM (since the Upper Limit remains unchanged)
Platform Stats: 45 GP (42 starts), 27-9-5 record, 2.61 GAA, .911 SV%, 1 SO
Career Stats: 67 GP (58 starts), 35-15-8 record, 2.70 GAA, .909 SV%, 1 SO

Projection

Going through the list, it starts to become clear where Ullmark’s realistic settling spot is.  A one-year contract should check in a little higher than Georgiev’s but below that of Rittich’s or Korpisalo’s.  (Ullmark’s camp will likely try to argue Neuvirth but the more recent deals are the better comparables.)  If it goes to a hearing, the arbitrator is limited to a one-year award as Ullmark is only one year away from UFA eligibility.  That one-year award should check in around $2.55MM.  If they settle before the hearing and do a two-year contract to avoid having him and Hutton expire at the same time, the AAV should check in closer to $2.7MM, just below Korpisalo and Rittich.  Either way, it should come in below the midpoint of their two filings.

Photo courtesy of USA Today Sports Images.

Buffalo Sabres Re-Sign Sam Reinhart

at CDT | by 4 Comments

With the filing numbers due today in the arbitration case between the Buffalo Sabres and forward Sam Reinhart, the two sides instead have come to terms on an extension. However, the new deal looks more like one that might have been rewarded by an arbitrator anyhow than the long-term agreement many expected. The Sabres have announced a one-year, $5.2MM deal with their young forward. Reinhart will be a restricted free agent with arbitration rights again next summer.

Reinhart, 24, has seemingly settled for a one-year deal rather than pursue a long-term contract that almost certainly would have resulted in a higher AAV. The team likely pushed for this short-term resolution, perhaps still skeptical about Reinhart’s long-term value. There is no doubting that the 2014 second overall pick is at least a reliable top-six forward that any NHL team would be lucky to have. Reinhart has not missed a game in the past three seasons and has only missed six total since becoming a full-time player in 2015-16. In his five pro seasons, Reinhart has at least 42 points each year, including four 20+ goal seasons and a career high 65 points in 2018-19. While these are impressive numbers, Reinhart’s 82-game pace this past season would have resulted in a decline to 59 points and still would have kept him from cracking 30 goals. The Sabres may simply want to wait one more year, and risk the price tag on Reinhart going up considerably, to see if that 65-point campaign was an outlier or what’s to be expected for years to come.

Should Reinhart return to 60+ point production in 2020-21, he will be looking at a significant raise in the off-season. Now just one year away from unrestricted free agency when this contract expires, the Sabres will be buying up almost entirely UFA years when they re-sign Reinhart to a multi-year deal. What might the market value be for a soon-to-be 25-year-old with multiple 60+ point seasons on his resume who regularly scores 20+ goals and is a possession leader for his team? Easily over $7MM per year.

Another reason why the Sabres might not have wanted to jump on a long-term deal worth $6-7MM annually this off-season is their current salary cap situation. While Buffalo is not quite in cap trouble (see the Taylor Hall contract), their flexibility is starting to run out. After signing Reinhart, CapFriendly projects the Sabres to have just over $9MM in cap space with just 19 players on the current roster. While arbitration was avoided with Reinhart, the club still has a pair of major cases to be settled. Projected starting goaltender Linus Ullmark is scheduled for a hearing on Monday, with the salary range on an award set at $1.8-$4.1MM and a resolution likely to fall somewhere in that area as well. Early next month, they also have a case with Victor Olofsson on the docket. The 25-year-old forward was an older rookie this past season, but his 42 points in 54 games was impressive all the same. A player who outscored Reinhart on an 82-game pace (64 points) in his first NHL season is likely to command a sizeable salary as well. With the result of those two cases still unknown, first-round prospect Casey Mittelstadt in need of a new deal as well, an a couple of additional roster spots still needing to be filled, the Sabres don’t have as much cap space as it may seem and keeping the salary down on Reinhart may have prevented the team from having to make some difficult roster decisions to get under the cap this season.

Sabres, Linus Ullmark Exchange Arbitration Figures

at CDT | by Leave a Comment

With their scheduled arbitration hearing now 48 hours away, the Sabres and goaltender Linus Ullmark have exchanged their requested awards.  The gap, as usual, is fairly substantial, as Sportsnet’s Elliotte Friedman reports (Twitter link) that Buffalo has submitted a $1.8MM figure and Ullmark’s side has come in at $4.1MM.

Of course, the standard caveat applies that the arbitrator doesn’t have to pick one of the two figures and instead, will almost certainly pick something between the two.  New this year in arbitration cases is that once a hearing begins, it has to go to an award and settlement discussions are no longer permitted at that point.  As Ullmark’s asking price comes in below the walkaway threshold of $4,538,938, that won’t be an option if Buffalo is unhappy with the award.

The 27-year-old is in his final year of RFA eligibility so the submissions could only be for one year.  Statistically speaking, he was considerably better than veteran Carter Hutton but the two basically split the starts last season (34 for Ullmark, 30 for Hutton).  Overall, Ullmark had a relatively strong platform year, posting a 2.69 GAA and a .915 SV% which was a considerable improvement on his numbers in 2018-19 (3.11, .905).

Although he has seen NHL action in five straight seasons, Ullmark doesn’t have a particularly long NHL track record as he has only made 97 career appearances.  That certainly won’t help his case if it goes to a hearing and it may be what Buffalo is banking on with their offer which is on the low end for backup goaltenders.

A one-year deal would put both Ullmark and Hutton on track to reach unrestricted free agency in 2021.  If new GM Kevyn Adams doesn’t want to be faced with the prospect of having no established goalies under contract a year or so from now, it wouldn’t be surprising to see a last-ditch effort to get Ullmark signed for a little longer before Monday’s hearing arrives.

Photo courtesy of USA Today Sports Images.

Carolina Hurricanes Re-Sign Gustav Forsling

at CDT | by Leave a Comment

The Carolina Hurricanes have avoided arbitration with defenseman Gustav Forsling. PuckPedia and CapFriendly are both reporting that the two sides have come to terms on a one-year, two-way contract. The deal carries the minimum $700K NHL salary and a $250K AHL salary. Forsling had been scheduled for a salary arbitration hearing on November 7th.

If Forsling’s case had reached a hearing, it would have been a fascinating argument – at least from the player side. The most critical part of any arbitration case is the platform season, and Forsling did not play a single game in 2019-20. The 24-year-old defenseman was fully healthy, but simply not good enough to crack the Hurricanes’ lineup. He saw NHL action with the Chicago Blackhawks in each of the three years prior to being traded last summer, but has never played more than 43 games in any season. It would have had to have been quite the argument to convince an arbitrator that Forsling was worth more than a minimum salary. Instead, Forsling’s camp likely filed for arbitration with the primary intention of arguing that he was at least worth a one-way contract. Even that case might have been a stretch, so he has agreed to a two-way deal with a sizeable AHL salary.

Forsling’s odds of improving his case before next off-season, when he will again be an RFA with arbitration rights, seem slim. The Hurricanes currently have five established veteran defenseman on the NHL roster, other RFA’s still to sign in Haydn Fleury and Roland McKeown, a prospect pushing for time in Jake Bean, and just added a superior depth option in Joakim Ryan. Forsling would need several things to go his way to see NHL action this coming season.

Forsling’s arbitration case was the least of the Hurricanes’ worries. The team still has Fleury and forward Warren Foegele slated for hearings and there is much more on the line with that pair. CapFriendly projects Carolina to have just under $4.5MM in cap space with a current roster of 20, so the ’Canes may need to get creative (or make a move) to add Fleury, Foegele, and one more body to the roster without going over the cap. If the teams deals from their depth on the blue line, they may be able to move considerable salary. Forsling would stand to benefit from such a move as well.

Tyler Bertuzzi, Detroit Red Wings Exchange Arbitration Figures

at CDT | by 5 Comments

The next arbitration hearing is scheduled for Sunday between the Detroit Red Wings and scrappy young forward Tyler Bertuzzi. Today the two sides filed arbitration figures, with Elliotte Friedman reporting that Bertuzzi came in at $4.25MM while the team is looking for a $3.15MM contract.

It is important to remember that in the NHL, the arbitrator does not need to choose one filing or the other and usually instead awards a contract somewhere in the middle. The two sides can also come to an agreement in the coming days, though this year once the hearing begins they must wait for the reward and cannot settle while the arbitrator deliberates.

In this case, the player’s ask is not above the $4,538,938 “walk away” threshold, meaning that the Red Wings will have to sign Bertuzzi to whatever the arbitrator awards should the hearing begin.

The 25-year-old has been one of the team’s best players since arriving in the NHL full-time in 2017-18. With consecutive 21-goal seasons under his belt, his arbitration case is strong from a purely statistical standpoint. Bertuzzi also brings a lot of the most sought after hockey intangibles, with his ability to get under opponents skin and instigate physical play while taking relatively low penalty totals.

In 2019-20 he actually led the team in goals, finishing only five points behind Dylan Larkin in total points. Though the Red Wings are working on a rebuild that will revolve around several new faces, Bertuzzi is currently one of the most important players on the team.

Vancouver Canucks Sign Jake Virtanen

at CDT | by 1 Comment

The Vancouver Canucks have avoided arbitration with Jake Virtanen, signing the restricted free agent forward to a two-year contract worth a total of $5.1MM ($2.55MM AAV). Virtanen had an arbitration hearing scheduled for October 28 that will no longer be required.  PuckPedia reports that the deal pays $1.7MM next season and $3.4MM in 2021-22 ($3MM salary, $400K signing bonus) which means his qualifying offer in 2022 will be $3MM.

While the other arbitration cases that have settled in recent days may not have a chain reaction across the rest of the roster, Virtanen’s new deal has the potential for one. The contract moves the Canucks over the salary cap ceiling of $81.5MM (to about $83MM with a 23-man roster) while also opening a 24-hour buyout window for them (starting two days from now). As always, Loui Eriksson’s name will be brought up in regards to a buyout, given he is still the highest-paid forward on the team.

The problem, as it always has been, with an Eriksson buyout is that it only reduces his 2020-21 cap hit by $333,333. While the team will save a pretty penny a year from now, it wouldn’t be the answer for their current roster.

Instead, the team seems more likely to complete a trade or go with a smaller roster for the beginning of the season. Virtanen himself has been involved in trade speculation over the summer and with a new contract perhaps that smoke will begin to rise out of Vancouver once again. Teams rarely want to acquire a player with an arbitration hearing scheduled, since they would have to take it over without a ton of time to prepare.

If he stays in Vancouver, a $2.55MM cap hit is certainly not prohibitive given Virtanen did score 18 goals for the team this year. After that improvement in the regular season they expected a lot from the powerful forward in the playoffs, where it seemed his game should be well suited. Instead, he disappointed GM Jim Benning with just two goals and three points in 16 games.

Selected sixth overall in 2014, it’s not the first time that Virtanen has disappointed. Even his post-draft year in 2014-15 was sort of a flop, with the Calgary Hitmen star producing only 26 goals in 64 WHL games. For a player drafted that high (and one that had scored 45 the year before), it wasn’t quite the production expected. Still, Virtanen jumped straight into the NHL the following season and played 55 games, scoring seven goals and holding his own. When that next step was expected, he once again faltered and ended up playing in the AHL for most of 2016-17.

It’s frustrating, given the obvious raw skill, speed and power that Virtanen possesses. In 295 career NHL games he has scored 52 goals and 98 points, a far cry from some of the forwards picked just a few selections after him. At 24 there is still time for him to mature into an impact NHL option, but it will be interesting to see if it happens in Vancouver.

Virtanen will still be a restricted free agent with arbitration rights when the contract expires.

Photo courtesy of USA Today Sports Images

Connor Brown Avoids Arbitration

at CDT | by 2 Comments

The Ottawa Senators have avoided arbitration with Connor Brown, settling on a three-year contract just hours ahead of his scheduled hearing. The new contract will carry an average annual value of $3.6MM and keeps Brown under contract through the 2022-23 season. Senators GM Pierre Dorion released the following statement:

We’re very happy to have Connor back under contract. He brings a veteran presence to our lineup and is a player who can play in different situations. He’s durable, has a strong work ethic with great practice habits and is regarded as a leader by his teammates. His ability to play up and down the lineup while producing offensively is especially valuable to us as we continue our transition towards being a consistent winner.

Brown was scheduled to have an arbitration hearing later today. That would have resulted in a one-year contract that would have taken the 26-year-old right to unrestricted free agency, but he’ll stay in the organization a little longer with this three-year deal. Brown had filed for $4.8MM while the team had filed for just $2.25MM.

All five of this week’s arbitration hearings were settled prior to taking place. The next one on the schedule is Tyler Bertuzzi on Sunday.

Brown scored a career-high 43 points this season with the Senators, while averaging more than 20 minutes a night to lead their entire forward group. That included a huge amount of penalty killing responsibility, along with a good amount of powerplay time as well. That versatility is key to why Brown is so well-liked on any team he plays for, and a big reason why the Senators have decided to keep him around.

Connor Brown, Ottawa Senators Exchange Arbitration Figures

at CDT | by 7 Comments

The second scheduled arbitration hearing this offseason will be Connor Brown of the Ottawa Senators on Thursday, meaning today was the day they needed to exchange filings. According to Bruce Garrioch of Postmedia, Brown’s camp has filed for $4.8MM, while the Senators have filed for $2.25MM. Because of his age, the contract can only be a maximum of one year in length.

It is important to remember that in the NHL, the arbitrator does not need to choose one filing or the other and usually instead awards a contract somewhere in the middle. The two sides can also come to an agreement in the coming days, though this year once the hearing begins they must wait for the reward and cannot settle while the arbitrator deliberates.

In Brown’s case, Pierre LeBrun of The Athletic suggests that a contract similar to the one Kevin Labanc just signed with the San Jose Sharks could potentially be a comparable should the two sides settle before arbitration. Labanc signed a four-year deal that carries a $4.725MM cap hit, though LeBrun suggests $4.35MM “isn’t crazy to think” about for Brown.

A 20-goal scorer in 2016-17 with the Toronto Maple Leafs, Brown hasn’t yet reached that mark again in his four-year NHL career. He did see his point totals balloon in Ottawa though, recording a career-high 43 points this season while averaging more than 20 minutes a night. He was easily the teams most-used forward, especially on the penalty kill where he logged more than two and a half minutes a night.

It’s obvious that Brown has the coaching staff’s trust, and on a roster that will be made up mostly of prospect forwards, he is actually one of the most experienced at the age of 26.

Notably, if Brown does go through the arbitration process and receive a one-year contract, he will walk into unrestricted free agency next offseason at 27. Should he receive an award over $4,538,938, the team could also choose to walk away and make him a UFA this offseason instead.

Pro Hockey Rumors is not affiliated with National Hockey League, NHL or NHL.com

scroll to top