Mammoth Making Progress In Extension Talks For Nick Schmaltz
With Logan Cooley set to begin a $10MM-per-season extension next season, some wondered if Utah would still be willing to give middleman Nick Schmaltz a pricey new deal as well. There was speculation over the offseason that extension talks were not going well and his future with the Mammoth looked murky.
However, it appears that there has been some positive progress on that front. Prior to the trade deadline, Sportsnet’s Elliotte Friedman reported that there has been positive movement in contract negotiations and that Schmaltz is unlikely to make it to unrestricted free agency this summer. Meanwhile, speaking with reporters yesterday following the trade deadline (video link), GM Bill Armstrong declared that he feels “comfortable and confident that Nick’s going to be a Mammoth.”
The 30-year-old is in his eighth season with the organization, dating back to its days in Arizona. Very quietly, he has been quite consistent in recent years, putting up five straight seasons of more than 20 goals and at least 58 points. He has already reached those marks in 2025-26, tallying a career-high 24 goals and 34 assists in 62 games; at this rate, he’ll set a new personal best in points within the next few weeks.
With that production, Schmaltz is the leading scorer league-wide among pending unrestricted free agents. Given that and the fact he plays a premium position, he’s in great shape to get a significant increase on his current $5.85MM AAV. That current contract was heavily backloaded and as a result, he’s making $8.5MM in actual salary this season.
That salary number should serve as a reasonable approximation of a starting point for his next deal. The next best scoring options down the middle are Evgeni Malkin, who seems likely to stay with Pittsburgh and Charlie Coyle, whose production in recent years has run hot and cold. With the type of consistency Schmaltz has been delivering, he would have no shortage of suitors if he actually made it to the open market.
Fortunately for Utah, they have more than ample flexibility to afford that type of contract, even with Cooley’s new deal and the recent acquisition of MacKenzie Weegar. Per PuckPedia, the Mammoth have a little under $25MM in payroll room for next season with seven or eight roster spots to fill. Schmaltz should take up nearly a third of that himself but that will still leave ample room to round out the roster and ensure that the top pending UFA center doesn’t actually test free agency.
Panthers Recall Luke Kunin
Luke Kunin’s time in the minors was short-lived. With the roster limit in the NHL now lifted, the Panthers have recalled the veteran, according to the AHL’s transactions log.
The 28-year-old has spent most of the season in Florida but passed through waivers unclaimed less than a week ago, resulting in an assignment to AHL Charlotte. That had him set to see his first action at that level since the 2018-19 campaign, when he was still a prospect in Minnesota’s system. However, that playing time will be capped at one game, as Kunin recorded two assists last night and is now back up with the big club.
Kunin has played in 44 games with Florida this season, his first year with the club. However, he has been fairly quiet offensively, notching just two goals and two assists, by far his lowest full-season output. Unsurprisingly, his playing time has been rather limited as well, as he’s logging just 8:36 per contest, well below his career average of 14:18 per game.
Despite being out of a playoff spot, Florida was a light buyer, so to speak, at the trade deadline. They picked up Vinnie Hinostroza from Minnesota and claimed Cole Reinhardt off waivers from Vegas. Now, with Kunin back up, the Panthers have some extra forward depth to hedge against injuries or if they decide to shut some players down to help get them ready for next season.
Wild Acquire Nick Foligno
In a tight battle in the Central Division, the Wild continue to add depth pieces. Frank Seravalli of Victory+ reports (Twitter link) that Minnesota is close to acquiring winger Nick Foligno from the Blackhawks. Pierre LeBrun of TSN and The Athletic adds (Twitter link) that Chicago is only receiving future considerations in return. The teams have since confirmed the move.
The 38-year-old is in the final season of a two-year, $9MM contract. Notably, Minnesota will be picking up the full cost of his $4.5MM cap charge as Chicago no longer has any remaining salary retention slots having used two earlier this week on Jason Dickinson and Connor Murphy and one last season on Seth Jones. Meanwhile, Chicago will not replace Foligno as their captain for the rest of the season; NHL.com’s Tracey Myers relays (Twitter link) that winger Tyler Bertuzzi will become an alternate captain for the remainder of the season.
Foligno has had a quiet year offensively, notching just three goals and eight assists in 37 games while also missing 21 contests due to injury. Meanwhile, his playing time has dropped sharply for the second straight year. After logging nearly 18 minutes a night in 2023-24 in his first season with the team, Foligno is now down to just 12:28 per night despite seeing playing time on Chicago’s second power play unit and being part of their penalty killing rotation. It stands to reason that his ice time will slide even more with this swap as he’s a strong candidate to be a fourth liner for Minnesota.
This move, assuming it gets finalized, would reunite Foligno with his younger brother, Marcus Foligno, giving them a chance to play together for the first time. Marcus has spent a good chunk of the season on the Wild’s fourth line as well, so on top of getting a chance to play on the same team, they might even wind up on the same line once he returns from his lower-body injury.
Armed with ample cap space at the trade deadline for the first time in a long time, GM Bill Guerin is putting it to use. This will be his fourth forward addition of the week having swung previous trades for Michael McCarron and Bobby Brink, while he also grabbed Robby Fabbri off waivers. With the roster limit no longer being in effect as of today, Minnesota now has considerable forward depth to mix and match with for specific matchups or when injuries arise. Even with those moves, they can still add more than $5MM in full-season salary, per PuckPedia, meaning that they might not be done just yet.
East Notes: Laughton, Capitals, Halliday
While pending unrestricted free agent center Scott Laughton has made it known that he’d like to stay with the Maple Leafs, Chris Johnston reported in a recent piece for The Athletic (subscription link) that the veteran likely won’t get his wish. At this point, it appears that there have yet to be any substantive discussions about Laughton extending his time in Toronto and with the demand for middlemen being quite high, a trade remains the likeliest outcome. With Philadelphia covering half of Laughton’s contract, his remaining $1.5MM cap charge is certainly affordable which should have the Maple Leafs in a strong position to land a strong return, even if it’s not quite as strong as the one they gave up to get him this time last year, headlined by a first-round pick.
Elsewhere in the East:
- While the Capitals have been sellers thus far, having moved veterans Nic Dowd and John Carlson, it appears they’re trying to be buyers as well. Pierre LeBrun of TSN and The Athletic reports (Twitter link) that they showed interest in acquiring Conor Garland from Vancouver and that they are looking to add a piece before today’s 2 PM CT deadline. Cap space isn’t an issue for Washington as PuckPedia pegs them with an ability to add more than $26MM in contracts. The Caps find themselves four points out of the last Wild Card spot in the East so a mixed approach makes some sense if GM Chris Patrick feels his group could still get back into the mix.
- League executives have told Postmedia’s Bruce Garrioch that center Stephen Halliday is someone to keep an eye on before the deadline. The 23-year-old has been fairly productive in limited minutes for the Senators, notching four goals and seven assists in 28 games despite barely averaging eight minutes a night of playing time. Waiver-eligible for the first time next season, Halliday is the type of player that rebuilding teams will often want to take a longer look at so if Ottawa can swing a move to add another piece before the deadline, he’s certainly a candidate to be part of the return.
Sabres Shopping Devon Levi
With the Sabres carrying three goalies all season long, there hasn’t been a place for youngster Devon Levi. Once viewed as their netminder of the future, now, it appears that he’s a trade chip. David Pagnotta of The Fourth Period reports (Twitter link) that the Sabres are now shopping the 24-year-old.
Levi was a seventh-round pick by Florida back in 2020 and has certainly outperformed that draft slot. He never suited up for the Panthers as he was instead part of the trade that saw Sam Reinhart go to Florida. Levi immediately became Buffalo’s top goalie prospect and after a strong college career, he turned pro in 2023, nearly helping lead the Sabres to an improbable late playoff spot that ultimately came up just short.
That had expectations sky-high heading into the 2023-24 campaign. However, he wasn’t able to live up to them and wound up splitting the year between Buffalo and AHL Rochester. Levi was then expected to be a factor last season but only saw nine NHL games with the bulk of his playing time coming in the minors. This year, he has played exclusively with the Amerks, posting a 2.71 GAA and a .909 SV% in 38 contests.
Levi has a total of 39 career outings with Buffalo under his belt but his under-the-hood numbers aren’t the greatest, with a 3.29 GAA and a .894 SV%, though last year’s short disastrous stint does skew those a bit.
Levi is still waiver-exempt this season and is signed through next year at a cap hit of just $812.5K, putting him below next year’s league minimum. That could make him an especially appealing target for a team that’s looking for some potential upside in a backup goalie while trying to keep their costs down, so Buffalo should be able to get some interest in him.
With Ukko-Pekka Luukkonen signed long-term and starting to live up to the potential he was thought to have early in his career and Colten Ellis showing some promise, it looks like the Sabres have at least their short-term goalie tandem intact. Luukkonen is signed through 2028-29 while Ellis is under club control through 2027-28, meaning there isn’t necessarily a spot for Levi anymore. While his value isn’t as high as it was a couple of years ago, Levi’s value could drop next season once he’s waiver-blocked so the time might be right for GM Jarmo Kekalainen to move him.
Colton Parayko Won’t Waive Trade Protection Before The Deadline
After he nixed a trade that would have sent him to Buffalo, there was still some speculation that Blues defenseman Colton Parayko would approve a trade to a team that he’d be more interested in going to. However, that won’t be the case. On today’s TradeCentre broadcast on TSN (video link), Pierre LeBrun reported that the blueliner will not be waiving his no-trade protection before today’s trade deadline.
The 32-year-old has been a fixture on the back end in St. Louis for more than a decade now while making multiple international appearances as well, including in last month’s Olympics. That track record was enough to elicit what would have been a strong return from the Sabres, one that was believed to have included a top prospect in Radim Mrtka and a first-round pick, even though Parayko is in the middle of a down season offensively.
After putting up career highs in goals (16) and points (36) last season, he has just one tally along with 13 assists in 58 games this season and is now currently sidelined with back spasms. However, Parayko is still logging over 22 minutes of playing time per night with tough defensive matchups.
Parayko has four years left on his contract after this one with a $6.5MM price tag so it’s reasonable to think that his market would still be strong should teams decide to make a pitch for his services in the offseason. At that time, he might be more open to move depending on what the landscape is at the time while not having to immediately uproot his family.
In the meantime, it wouldn’t be surprising to see this result in an uptick in interest in another St. Louis right-shot defender, Justin Faulk. Signed through next season at a $6.5MM price tag, the 33-year-old has been speculated to be in play in recent days and doesn’t have full trade protection like Parayko, just a 15-team no-trade list. With the Blues unable to get anything for Parayko right now, GM Doug Armstrong redoubling his efforts to ensure he gets a strong return for Faulk and cash in on the demand for impact defenders would make a lot of sense.
Max Shabanov Open To A Trade
Last year, winger Max Shabanov was a highly sought-after free agent from the KHL after putting up 67 points in 65 games with Traktor Chelyabinsk. The Islanders were the winners of those sweepstakes with the expectation that he’d be able to step in and contribute right away.
However, things haven’t gone quite as planned so far. The 25-year-old has just four goals and 12 assists in 40 games this season while being a frequent healthy scratch as of late. He’s averaging just shy of 14 minutes per game on the campaign but given that he’s on the outside looking in at a lineup spot, it appears he’s open to a potential change of scenery. Stefan Rosner of The Elmonters reports that Shabanov is open to a trade in the hopes of receiving a larger opportunity on another team.
Shabanov is certainly affordable for most teams as his entry-level deal only carries a base salary of $975K. While he has $3.5MM of potential performance bonuses in his contract, $2.5MM of those are ‘B’ bonuses which he clearly isn’t going to reach while he hasn’t met the criteria to unlock any of his four ‘A’ bonuses either. Should he be dealt and reach any of those, the acquiring team would be responsible for the payment and salary cap charge.
Because Shabanov was capped to a one-year contract in the entry-level system, he’s slated to become a restricted free agent with salary arbitration rights this summer. His performance so far isn’t setting him up for a big payday but a change of scenery with a bigger role down the stretch could boost his earning potential.
New York enters today with a little over $6MM in LTIR space, per PuckPedia, so GM Mathieu Darche will have some options in a potential Shabanov trade. He can take on a bigger contract if he finds a player that’s a better fit for their lineup instead of being capped at trying to match money as some buyers are stuck trying to do at the moment. Given how many teams were interested in Shabanov last summer, it wouldn’t be shocking to see at least a few of them kick the tires on trying to get the winger into their system.
Five Key Stories: 2/23/26 – 3/1/26
The week before the trade deadline usually generates some notable headlines on the trade front. While there weren’t many of those, there was still some trade-related news of note in our key stories.
Kings Shake Things Up: Kings GM Ken Holland made the biggest swap before the Olympic break when he added Artemi Panarin from the Rangers. Now, he’s made the biggest move after the break (for now) as he fired head coach Jim Hiller, replacing him with associate coach D.J. Smith on an interim basis for the rest of the season. Hiller lasted a little more than two years with the top job in Los Angeles, with the team playing to a solid 93-58-24 record in that time. However, the team has struggled mightily this season offensively, leaving them on the outside of the playoff picture at the moment. Smith, in his second season in his associate role, will now be tasked with getting more out of his forward group. This will be his second time running an NHL bench after spending parts of five seasons in charge in Ottawa.
Crosby Out A Month: While he was believed to be close to suiting up in the Gold Medal game at the Olympics, Sidney Crosby won’t be playing for a while yet. The team announced that he will miss at least the next four weeks due to the lower-body injury sustained overseas. Crosby has once again been a crucial part of Pittsburgh’s attack this season, leading the way offensively with 27 goals and 32 assists in 56 games, continuing his streak of point-per-game campaigns which now stands at 21. He has also been instrumental in taking a Pittsburgh team that was expected to be a basement dweller by many to a top-three spot in the Metropolitan Division. They’ll now have to find a way to hold onto it without their captain and top scorer.
Defense Swap: There was one trade of some significance in the NHL this week, a swap of blueliners as Pittsburgh sent Brett Kulak to Colorado for Samuel Girard and a 2028 second-round pick. Kulak came over from Edmonton as part of the return for Tristan Jarry earlier this season and now joins a Colorado squad where he’ll likely suit up on their third pairing and then hit free agency this summer. Girard, meanwhile, makes nearly twice as much as Kulak while being signed through next season which explains the draft pick component of the trade as the Avs made this move in part for cap flexibility reasons. Once a consistent key cog on Colorado’s back end, Girard’s role and effectiveness have dropped in recent years so he’ll be looking for a chance to rebuild his game with Pittsburgh.
Trade To Come? This is the time of year when players will be scratched for roster-related or trade-related reasons. The latest of these is Canucks defenseman Tyler Myers, who was scratched back on Wednesday. However, these are typically followed by a trade although that has not been the case here. Instead, he is believed to have been presented with a team (thought to be Detroit) to consider waiving his trade protection for. Myers has made it known in the past how much he wants to stay in Vancouver but now, it appears it’s a matter of seeing if other teams get into the mix that he’s more open to joining before deciding on waiving that protection.
Seguin Done For The Season: The Stars were hoping that they’d be able to get Tyler Seguin back at some point in the playoffs after undergoing ACL surgery four months ago. That is no longer an option as the team filed paperwork to rule him out for the rest of the season. In doing so, they become eligible to utilize his full $9.85MM AAV through LTIR instead of the $3.82MM they had access to, the maximum allowed for players who will or could return later in the year. With nearly an extra $6MM to spend and Dallas being one of the top teams in the NHL this season, it will be interesting to see how they utilize those funds. Notably, with Jason Robertson up for a new deal in the summer, it wouldn’t be surprising to see GM Jim Nill target an expiring contract to fill Seguin’s spot on the roster.
Photo courtesy of Charles LeClaire-Imagn Images.
Contract Talks For Evgeni Malkin To Now Occur After The Season
Heading into the season, it was expected that the Penguins would work on figuring out what’s next for Evgeni Malkin by talking to his camp during the Olympic break. That break has come and gone and those discussions have happened but evidently, no decisions have been made yet. Instead, he told reporters following yesterday’s game, including NHL.com’s Wes Crosby, that contract talks between the two sides will now occur after the season:
I don’t know if it’s a secret or not, but we talked a little bit with J.P. a couple days ago. Just said, ‘Wait until the end of the season and see what’s going on.’ Nothing I can say right now.
Malkin is in the final season of a four-year, $24MM contract and heading into the season, it felt like this might be the time when he moves on. Pittsburgh appeared to be heading into a rebuild and while he’s certainly a fan favorite, carrying a soon-to-be 40-year-old during a rebuild doesn’t make a lot of sense.
But things have changed since then. Instead of being near the bottom of the standings, the Penguins find themselves squarely in a playoff spot, sitting second in the Metropolitan Division. Even without Sidney Crosby for the next few weeks at least, GM Kyle Dubas isn’t likely to be the heavy seller he was expected to be just a few months ago. If anything, they might be looking to add a piece or two to their roster.
That will justify the decision to effectively kick the decision on Malkin’s future down the road for a little while longer. The number two selection back in 2004, Malkin has spent his entire 20-year career in Pittsburgh and is heading for a first-ballot entry into the Hall of Fame down the road.
While he isn’t the 100-plus-point player that he was in his prime, Malkin has had somewhat of a resurgent showing under new head coach Dan Muse this season. He has 13 goals and 34 assists in 44 games this season, putting him over the point per game mark. If he can maintain that, it’ll be the 16th time he reaches that plateau and the first since 2022-23.
Malkin has made it clear on multiple occasions that he doesn’t want to leave Pittsburgh. At this stage of his career, should he receive another contract, it’s likely to be a one-year pact. Given his output this season, there’s a case to be made that it should check in around his current $6MM AAV while he’d also be eligible for potential performance bonuses on a one-year pact if the Penguins needed some extra cap flexibility. But instead of having more clarity on that front heading into this week’s trade deadline, he’ll have to wait at least a couple of months longer to get it.
Salary Cap Deep Dive: Toronto Maple Leafs
Navigating the salary cap is one of the most important tasks for a front office. Teams that can avoid total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those who don’t often see struggles and front office changes.
PHR will look at every NHL team and give a thorough look at their cap situation for the 2025-26 season. This will focus more on players who are regulars on the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of PuckPedia. We’re currently covering the Atlantic Division, last up are the Maple Leafs.
Toronto Maple Leafs
Current Cap Hit: $94,621,472 (under the $95.5MM Upper Limit)
Entry-Level Contracts
F Easton Cowan (three years, $873.5K)
After a strong junior career, Cowan made the jump directly to the NHL and has been a capable player in a limited role. They’ll be hoping that he can move into a top-six role before too long (potentially as soon as next season) which could change his trajectory quickly. At this point, it seems more likely that he’d get a bridge deal (potentially in the $3MM to $4MM range) but if he becomes a top-six piece fairly soon and sticks, he could also wind up with a longer-term deal which could cost as much as double that amount.
Signed Through 2025-26, Non-Entry-Level
D Matt Benning ($1.25MM, UFA)
F Calle Jarnkrok ($2.1MM, UFA)
F Scott Laughton ($1.5MM, RFA)*
F Matias Maccelli ($3.425MM, RFA)
F Bobby McMann ($1.35MM, UFA)
F Nicholas Robertson ($1.825MM, RFA)
D Troy Stecher ($787.5K, UFA)
*-Philadelphia is retaining an additional $1.5MM on Laughton’s contract.
Maccelli was brought in from Utah in the hopes that he’d help replace some of the playmaking that left when Mitch Marner went to Vegas. Instead, he has bounced up and down and even in and out of the lineup as a healthy scratch at times while not producing as much as they hoped for. Owed a $4.11MM qualifying offer with arbitration rights, he’s a strong non-tender candidate unless they work out a cheaper deal closer to his current price before then. Laughton has seen his production tumble since joining Toronto. However, he’s still a strong defensive player and is having a career year at the faceoff dot. That should be enough to earn him at least a small raise on a multi-year pact even with his offensive struggles.
Jarnkrok is not the impactful utility player he was earlier in his career, resulting in several healthy scratches. If he doesn’t wind up going back overseas this summer, he’s probably looking at a contract closer to the league minimum. Robertson has taken some strides this season, putting him on pace for a career year while having arbitration rights this summer. A jump to the $3MM range isn’t unrealistic as a result.
McMann will be one of the more intriguing UFA options this summer, especially since a lot of the top players have already re-signed. Barring injury, he’s a lock for his second straight 20-goal season and will get there despite playing time that is in the low end for a second liner and is more like a high-end third liner. Tripling his current price seems quite likely; a bidding war could push it into the $5MM range.
Benning hasn’t been up with Toronto for most of the season and only gets a passing mention here because $100K is on their books as a dead cap charge while he’s with the Marlies. Stecher, meanwhile, has been a very serviceable waiver claim from Edmonton, going from a fringe blueliner to someone logging 20 minutes a night. Still, given how he has bounced around and is generally viewed as more of a depth player, he probably won’t get a huge boost on his next deal. Doubling this could be doable, however, which would be a nice outcome for someone who was on waivers just a few months ago.
Signed Through 2026-27
D Simon Benoit ($1.35MM, UFA)
D Brandon Carlo ($3.485MM, UFA)*
D Philippe Myers ($850K, UFA)
F Nicolas Roy ($3MM, UFA)
*-Boston is retaining an additional $615K on Carlo’s contract.
Roy came over from Vegas in the Marner sign-and-trade and has basically been the effective third liner he has been for most of his career. The price tag for those types of players has ticked up in recent years and should continue to do so in a more inflated cap environment. A bump to the $4MM territory could be doable while Laughton’s next contract this coming summer could serve as a good indicator of where Roy’s could land.
Toronto paid a high price to land Carlo at the trade deadline last season and it hasn’t quite worked out so far. Never a big point producer, even his defensive game has slipped a bit. Even so, he’ll be UFA-eligible at the age of 30 and is a big, right-shot player. Those elements should still land him a raise unless his play really falls off a cliff between now and then. A multi-year pact in the $4.5MM range might be the floor right now with a bump up from that if his performance rebounds next season.
Benoit has been a serviceable third-pairing player for most of his career but his limitations are well-known. It’s plausible that he stays in this area (even a jump to $1.5MM or so wouldn’t be surprising) but it seems unlikely that he’d command more than that unless he suddenly becomes more of a top-four option. Myers was once a quality prospect in Philadelphia but has been more of a fringe player in recent years. He’s likely to stay at the minimum salary and even securing a one-way deal isn’t a guarantee at this point.
Signed Through 2027-28
F Max Domi ($3.75MM, UFA)
D Oliver Ekman-Larsson ($3.5MM, UFA)
F Dakota Joshua ($3.25MM, UFA)
F Steven Lorentz ($1.35MM, UFA)
F Auston Matthews ($13.25MM, UFA)
G Joseph Woll ($3.67MM, UFA)
Matthews has opted for a shorter-term contract in each of his two non-entry-level negotiations. The idea was that doing so set him up best for a big payday. It worked the first time as this deal was briefly the record-setter for AAV. It’s hard to project that happening again, knowing some other contracts that have since been signed (and others to come) but if Matthews is open to a long-term pact this time around, a jump past the $15MM mark could be realistic, as long as his offensive drop this season isn’t a sign of things to come. However, if he wants another shorter-term agreement, the price tag could run a little higher but still not challenge for another league record.
Domi’s first season in Toronto was good enough to land him the multi-year commitment that he had been seeking for a while. Things haven’t gone as well since then, however. While he’s a strong playmaker, his lack of goals, a smaller stature, and a penchant for penalties could result in his market being more restricted than most again. Barring an improvement in his production over the next couple of years, he might have a hard time matching this price and term on his next contract.
Joshua was acquired over the offseason from Vancouver with the hopes that a change of scenery could get him back to his 2023-24 level. That hasn’t exactly happened as he has played more like a fourth liner making third-line money. He will need to rebound considerably in the back half of the deal to have any chance of matching this on his next contract. Lorentz rebounded well last season after a limited 2023-24 campaign in Florida and was able to earn some stability with this deal. For a fourth liner who can kill penalties, this is a reasonable contract but with his limited offensive upside, he’s probably not going to be able to command much more down the road.
Ekman-Larsson opted for stability as well back in 2024 with this deal, a four-year pact that takes him through his age-36 season. After a more limited role in Florida following a buyout from Vancouver, he has been deployed regularly in a top-four role and has thrived. Given how much he has played over the years, there could be some concern of him slowing down at the back of the contract but right now, this is definitely one of their better bargains.
When healthy, Woll has looked like a legitimate NHL starting goaltender. However, staying healthy has been a challenge in recent years which has limited his earnings upside. If he has a good year or two on this deal and can play 50-plus games, doubling this price tag is certainly realistic. However, if he continues to be in the 35-40-game range (either through injuries or being in a straight platoon), Woll might be more in the $5MM territory moving forward.
