Headlines

Go To MLB Trade Rumors
Go To Hoops Rumors

Free Agency

Penguins Notes: First Round Pick, Buyouts, Free Agency

at CDT | by 4 Comments

Pittsburgh Penguins interim general manager Kyle Dubas held a brief media availability today, touching on many of the choices he’ll have to make as he guides the team through his first offseason at the helm. With the team in a tough situation, unable to truly rebuild after missing the playoffs for the first time in nearly two decades, Dubas has a thin line to walk to prepare the right roster for 2023-24 while not impeding the team’s long-term outlook.

One of those matters is that of Pittsburgh’s first-round pick, slated for 14th overall on Wednesday. It’s their highest selection since drafting defenseman Derrick Pouliot eighth overall in 2012, and Dubas says the team will likely keep the pick. Pittsburgh has some (but not a lot) of salary maneuverability, and Dubas says that any big trade will likely come with another team looking to shed a mid-tier salaried contract.

Other Penguins notes:

  • One avenue Dubas likely won’t take to clear additional cap space is a buyout. He told reporters today he doesn’t prefer to use them, citing more “creative solutions” to opening up a team’s financial picture. Forward Mikael Granlund, who had just five points in 21 games after a midseason trade and is under contract for two more seasons at $5MM per year, was a highly speculated buyout candidate this offseason. If the team can’t find a way to move him in a deal, he’ll likely be sticking around for the time being.
  • Dubas also says the team won’t be going after any high-profile free agents, instead aiming to hit on some value bets – something he had a great deal of success doing during his time with the Toronto Maple Leafs. He mentioned the door isn’t closed on contract extensions with Jason Zucker and Tristan Jarry, the latter of which is crucial for the team’s clarity without a ton of other goalie options on the open market. He alluded to defenseman Brian Dumoulin heading to the open market, and they’ll look to replace his spot with a more cost-effective UFA.

Colorado Avalanche Not Expected To Re-Sign Erik Johnson

at CDT | by 7 Comments

The longest-tenured player on the Colorado Avalanche roster is expected to enter free agency next week. Defenseman Erik Johnson isn’t likely to re-sign with the team, per ESPN’s Emily Kaplan, ending a 13-season run in Denver.

Given his age and injury history, it wouldn’t surprise many if the 35-year-old Minnesotan has played his last NHL game. While he didn’t live up to his first-overall billing after the St. Louis Blues made him the first player selected in the 2006 NHL Draft, he was one of the more capable two-way defenders in the league during his minute-munching prime early during his time in Colorado. He’s been a member of the Avalanche for more than 12 years, coming over via trade from the Blues in February 2011.

Coming back from multiple significant injuries throughout his career, Johnson’s excellence in a shutdown role in his latter years made him an underrated crucial piece in Colorado’s 2022 Stanley Cup victory. Averaging just over 17 minutes per game, he recorded five points and a +10 rating in 20 games en route to the championship.

His effectiveness looked diminished this season, though. He struggled to keep up at times and managed just eight assists in 63 games on the year. With the emergence of Bowen Byram as being able to play both left and right defense this year, it muddied Johnson’s role for the future.

He just completed a seven-year, $42MM extension that kicked in for the 2016-17 campaign. If he does opt to extend his NHL career and finds a home with a contender on the open market, it’s hard to imagine a deal worth much more than the league minimum of $775K.

Morning Notes: Hellebuyck, O’Reilly, DeBrincat

at CDT | by 12 Comments

Mark down the New Jersey Devils as a major player in the Connor Hellebuyck trade sweepstakes, says Pierre LeBrun of TSN and The Athletic. The 30-year-old Vezina-caliber netminder is on the trade block after informing the Winnipeg Jets he won’t sign an extension, and LeBrun says there’s mutual interest between the netminder and the Devils in a long-term agreement. Hellebuyck has gone on a remarkable run since becoming Winnipeg’s starter, leading in the league in either games played or saves made for six straight seasons. The workhorse netminder would be a massive, immediate upgrade on Vitek Vanecek, who did have a solid 2022-23 campaign but can struggle heavily with consistency. LeBrun adds, though, that New Jersey likely won’t pursue a sign-and-trade if Hellebuyck is demanding around $9.5MM on an extension, as previously reported.

More notes from LeBrun as free agency draws closer:

  • The door hasn’t closed on a Ryan O’Reilly return to the Toronto Maple Leafs, LeBrun says. The veteran center is keeping all of his options open, with a weak center class on the open market likely driving up his value despite a down season in 2022-23. He could very well price himself out of a return, but LeBrun reports Toronto general manager Brad Treliving has expressed interest to O’Reilly’s camp in having him come back after a stretch of solid play. Multiple sources have suggested the 32-year-old is in line for a short-term (but multi-year) deal north of $5MM, which may not be attainable for the Leafs, considering they have at least five forward spots to fill (and an extension for netminder Ilya Samsonov).
  • Reporting earlier this week suggested Alex DeBrincat had a set list of teams he’d be willing to accept a long-term sign-and-trade deal with, but LeBrun says other teams have “given DeBrincat’s camp some things to think about” with their inquiries. With the market expanding, Ottawa Senators general manager Pierre Dorion seems content to let this play out for a better return, and LeBrun reports he’s more than willing to accept a 2024 first-round pick to get a deal done rather than limiting himself to finishing the trade process before the 2023 draft next week. Postmedia’s Bruce Garrioch had named Dallas, Detroit, Florida, Nashville, and Vegas as specific teams DeBrincat had an interest in.

Canucks Notes: Soucy, Martinez, Lucic

at CDT | by 15 Comments

The Vancouver Canucks will surely weaponize some cap space when free agency opens after buying out Oliver Ekman-Larsson late last week, and they’ll likely have upwards of $10MM to play with, given their potential for long-term injured reserve relief. One name the team could pursue if he hits the open market is Seattle Kraken defenseman Carson Soucy, who CHEK’s Rick Dhaliwal believes the Canucks have an interest in.

Soucy’s gained a reputation as a reliable defensive option further down the depth chart and brings 250 games of NHL experience split between the Kraken and Minnesota Wild. The 28-year-old registered three goals and 16 points in 78 games this year, marking his worst full-time campaign offensively, but he still managed strong defensive play at even strength and on the penalty kill. He’ll undoubtedly command upwards of $2MM on a multi-year contract, but he’s the type of value player the Canucks need to address a long-standing weakness – especially with their newfound cap space.

Other rumblings around the Canucks today:

  • The Athletic’s Thomas Drance and Harman Dayal listed Vegas Golden Knights defenseman Alec Martinez as Vancouver’s top trade target this offseason, should they decide to add to their roster outside of free agency. Martinez is getting up there in age at 35 years old but has just one year left at a relatively affordable $5.25MM cap hit. With Vegas boasting substantial defensive depth and needing additional flexibility to attempt to re-sign Ivan Barbashev, a move to the Canucks could make sense for all parties involved. A left-shot defender, Martinez would essentially replace (and massively upgrade) Ekman-Larsson’s vacated spot on the team at a lesser cap hit.
  • Dhaliwal also reported this morning the Canucks are considering making a pitch for veteran power forward Milan Lucic in free agency, as the winger will reportedly be hitting the open market on July 1 and won’t re-sign with the Calgary Flames. Lucic has long been linked to his hometown of Vancouver and could now finally make some sense for the team, given a cap hit that’s likely to be close to the league minimum. The 35-year-old scored a career-low 19 points in 77 games as a Flame in a fourth-line role last year and is coming off a massive seven-year, $42MM contract signed with the Edmonton Oilers back in 2016.

Goalie Notes: Hill/Brossoit, Reimer, Greiss

at CDT | by 15 Comments

The Vegas Golden Knights’ key bit of business this offseason revolves around the two netminders who helped guide them to the team’s first Stanley Cup: journeymen Adin Hill and Laurent Brossoit. In a massive piece detailing this summer’s goalie market from The Athletic’s Pierre LeBrun, both Hill’s and Brossoit’s agents expressed interest in returning to the team on behalf of their clients. Both pending unrestricted free agents, Hill and Brossoit filled in for the injured Logan Thompson down the stretch and in the playoffs, with Hill ultimately going on a miracle run for the last two-and-a-half rounds of the playoffs after Brossoit sustained a lower-body injury. Hill is obviously due a significant raise from his previous $2.175MM cap hit, but LeBrun surmises that Hill knows “they’ve got a good thing going in Vegas” and may not completely maximize the leverage coming from his spectacular playoff performance. Meanwhile, Brossoit’s agent, Ray Petkau, acknowledged it may be tough for the team to retain Brossoit given their crunch at the position, but will continue to remain in contact with Vegas and explore their options.

More from LeBrun on the goalie market this evening:

  • Petkau confirmed to LeBrun another one of his clients, San Jose Sharks netminder James Reimer, will hit unrestricted free agency on July 1. The 35-year-old veteran of nearly 500 games posted career-worst numbers behind a struggling Sharks team, notching just 12 wins in 41 starts and recording a .890 save percentage. While it’s hard to blame him for the team’s shortcomings, it’s also clear his days as a high-end tandem netminder are over, and he’ll likely need to settle for a strict backup role if he wants to stay in the league next season. He’ll also likely take a marginal pay cut from the two-year, $4.5MM deal he signed with San Jose in 2021.
  • Another Petkau client, Thomas Greiss, will also be hitting the open market. The 37-year-old is in a similar situation to Reimer, although he’s now gone two consecutive seasons without clearing the .900 save percentage mark. The St. Louis Blues’ backup job to starter Jordan Binnington is likely going to rising prospect Joel Hofer, so it makes sense the team wouldn’t be interested in a reunion. The one-time Jennings Trophy winner could also draw interest from teams looking for an inexpensive, experienced backup netminder to start between 15 and 25 games.

East Notes: Maple Leafs, Lightning, Sabres

at CDT | by Leave a Comment

While the Toronto Maple Leafs did finally win a playoff series this season, a five-game loss at the hands of the Florida Panthers in the second round erased most of the team’s forward momentum and goodwill with the fanbase. Team president Brendan Shanahan and new general manager Brad Treliving seem content to keep the team’s core intact, so any answers from outside the organization are likely going to come through free agency.

The Athletic’s Jonas Siegel today speculated defenseman Dmitry Orlov should be the team’s top target on the unrestricted free agent market, citing a need for a more puck-moving inclined defender to replace Jake Muzzin and Rasmus Sandin. He’ll likely cost more than $6MM per season on a multi-year deal, one that may not age particularly well given he’s already 31, but he showed with both Washington and Boston this season that he can still handle big minutes and big competition with strong results on both sides of the puck.

Among forwards, Siegel listed Connor Brown, Evan Rodrigues, Tyler Bertuzzi, and Lars Eller as potential adds on the open market.

Also in the Eastern Conference news cycle today:

  • Stealing the Ottawa Senators’ thunder from earlier this week, Sportico reports the Tampa Bay Lightning are selling a minority stake in the club to Arctos Sports Partners at a massive $1.4 billion valuation. It’s over a ten-fold rise in franchise valuation in 13 years – majority owner Jeff Vinik purchased the team in 2010 for just $170MM. He’ll retain his majority stake in the team, so this won’t lead to any notable changes at the top of the franchise’s organizational pyramid.
  • The Buffalo Sabres have mutually agreed not to extend their affiliation with the ECHL’s Cincinnati Cyclones, Lance Lysowski of The Buffalo News reported Thursday. Per Lysowski, the team is close to an agreement with a new affiliate at that level. Since 2017, two netminders with playing time in Cincinnati had advanced to Buffalo’s NHL lineup: Michael Houser and Ukko-Pekka Luukkonen.

Blackhawks Notes: Toews, Draft Picks, UFAs, Goalies

at CDT | by 22 Comments

Aside from drafting their next franchise center at the end of the month, the biggest storyline in the Chicago Blackhawks’ offseason is what the future holds for his predecessor, captain Jonathan Toews. A return to the Blackhawks has seemed very unlikely for some time, given how the end of the season went. Still, speculation around a return, given the impending entrance of Connor Bedard, has been a topic of discussion.

According to The Athletic’s Scott Powers, Toews is expected to be announced in the coming weeks to announce a decision regarding retirement or a potential move to another team in free agency. Toews, 35, took a leave of absence prior to the 2020-2021 season due to Chronic Immune Response Syndrome, which, along with some effects of long COVID, caused him to miss a stretch of games near the end of 2022-23 as well.

Should Toews choose to hang up his skates, it would mark the end of a notable career that includes three Stanley Cup championships and numerous accolades but a debatable reputation as a captain stemming from the sexual assault scandal that occurred during the team’s 2010 championship run. After completing his eight-year, $84MM contract extension signed in 2014, Toews will surely generate some interest from teams looking to fill out their middle six if he does decide to try and extend his career.

More from Powers on the Blackhawks this morning:

  • In regards to their second first-round pick in the upcoming draft, 19th overall, the Blackhawks have a handful of players they’re hoping will still be available to them – and they’re likely to select a second forward to supplement Bedard. Among the prospects at the scouting combine, forwards Colby Barlow, Oliver Moore, Calum Ritchie, Matthew Wood, and Brayden Yager are potential options for the Blackhawks. Additionally, the team has shown interest in 6-foot-5 Russian forward Daniil But, and general manager Kyle Davidson expressed a lack of hesitancy to Powers around selecting Russian players in this year’s draft. Looking ahead to the team’s four second-round picks, goaltender Adam Gajan, forwards Otto Stenberg and Bradly Nadeau, as well as defensemen Oliver Bonk and Andrew Strathmann are potential considerations for the Blackhawks.
  • The Chicago Blackhawks have made their decision regarding pending unrestricted free agents, says Powers, signaling that after re-signing Andreas Athanasiou, the team is unlikely to bring back any of their other UFAs. Players such as Jujhar Khaira and Alex Stalock, among a few others, will explore options elsewhere as the Blackhawks prioritize their roster composition to provide opportunities for younger players and build out some higher-end support for Bedard via free agency.
  • Davidson also indicated to Powers that Arvid Soderblöm and Petr Mrazek are expected to form the team’s NHL goaltending tandem for the upcoming season. Speaking about the young goalies, Davidson emphasized Soderblöm’s potential and the development aspect of their decision-making process so as to not rush their other prospects. Soderblöm, who has already spent time as a North American pro (and played pro in Europe), holds an experience advantage over other prospects like Jaxson Stauber and Drew Commesso.

Mackenzie Blackwood Not Expected To Receive Qualifying Offer

at CDT | by 2 Comments

It wasn’t so long ago that Mackenzie Blackwood was considered an up-and-coming star goaltender for the New Jersey Devils. He was in the conversation for the Canadian Olympic team (before the NHL pulled out), finished sixth in a loaded Calder Trophy race, and earned himself a tidy three-year, $8.4MM extension following his first full season at the highest level.

Now, just a few years later, it appears the Devils will cut him loose.

Frank Seravalli of Daily Faceoff writes that Blackwood, a pending RFA, is “far and away the most likely player to not be issued a qualifying offer this spring.” He explains that while there’s a chance the Devils trade his rights to a team that wants to take a chance at rebuilding him, “every team knows [Blackwood] is set to become a UFA otherwise.”

That shouldn’t be a surprise, given the string of injuries and poor performances over the last few seasons. Combine that inconsistency with the fact that qualifying him would require a $3.36MM price tag, and you can see why the Devils would decide to move in a different direction.

It’s not like New Jersey has much room for him, anyway. Not only did they trade for and sign Vitek Vanecek, but Akira Schmid has also emerged as a potential star, and Nico Daws remains in the system as another highly-touted prospect. Even if Blackwood played well, there would be a goalie crunch for the Devils that likely ends with him playing somewhere else.

Still, if Seravalli is right and Blackwood hits the unrestricted free agent market this summer, he will be an interesting target for some teams. Just 26, there is a world where he bounces back and can become a legitimate NHL starter again. Given how cheap he’ll likely come in free agency, it may be a worthwhile gamble for clubs trying to find an answer in net.

Oilers Notes: Yamamoto, Bouchard, Ryan, Free Agency

at CDT | by 3 Comments

After a disappointingly early playoff exit, the Edmonton Oilers are headed into another pivotal offseason. Desperate to build a Stanley Cup contender around the team’s two all-world talents, the Oilers don’t have a ton of cap space to add reinforcements to their roster, so they’ll need to get creative in finding ways to support their existing stars. One avenue the team could go down is moving a player taking up a decent amount of cap space, namely 2017 first-round pick Kailer Yamamoto. The 24-year-old is set to make $3.1MM against the cap next season yet provided the Oilers with just 25 points in 58 games this season.

The Athletic’s Daniel Nugent-Bowman reports that the Oilers are “leaning toward moving” Yamamoto and are hoping they can find a team willing to acquire the player “without the Oilers having to retain salary or offer a sweetener.” (subscription link) Yamamoto did manage 20 goals and 41 points last season, so it’s not out of the realm of possibility that a team would have interest in him as a bounce-back candidate. In the case that trade interest does not materialize, though, Nugent-Bowman does note that the Oilers “appear open to buying out Yamamoto,” a move that would save them $2.6MM this season at the cost of $533k in dead cap next summer.

Some other notes regarding the Oilers:

  • One of the significant reasons the team would likely hope to create some cap space via a Yamamoto departure would be to clear room for contract extensions for the Oilers’ top restricted free agent: defenseman Evan Bouchard. The 23-year-old 2018 10th overall pick has hit 40 points in each of the last two seasons and is coming off of an extremely productive playoff run that saw him post 17 points in just 12 games. Nugent-Bowman writes that the Oilers are likely to pursue a bridge contract with Bouchard, as “anything more than two years appears unlikely.” Noah Dobson, another 2018 top pick, had comparable scoring numbers to Bouchard last summer and secured a three-year, $4MM AAV pact. That could be a deal used as a reference point for these negotiations.
  • 36-year-old veteran center Derek Ryan performed admirably as the Oilers’ fourth-line center this past season, scoring 13 goals and 20 points in 80 games while contributing to his team’s penalty kill. Nugent-Bowman reports that “there is mutual interest in Ryan returning to the Oilers,” and that “it’s hard to see how something isn’t figured out there” to bring the 500-game NHL veteran back to Edmonton. Such a move would provide valuable continuity to the Oilers’ bottom-six, while also serving as a nice reward for Ryan’s hard work.
  • While the Oilers have made significant early free-agency investments in recent years, specifically in the signings of Jack Campbell and Zach Hyman, don’t expect a similar move by the time the free agent frenzy comes around later this summer. Nugent-Bowman reports that there will “be no Zach Hyman-type offer issued to anyone” at the start of free agency and that it’s far more likely that the Oilers will target an “undervalued or underperforming young player” who they can add on a cheap contract, or a “bargain bin” veteran talent who can be the right fit for a specific role in head coach Jay Woodcroft’s plans at an affordable cap hit.

Hurricanes Notes: UFAs, Noesen, Svechnikov

at CDT | by 5 Comments

The Carolina Hurricanes had one of the most shocking playoff exits in recent memory, swept out of the playoffs by the Florida Panthers after dropping just three games in the first two rounds combined. The combination of key injuries and some outstanding performances from star Panthers left them searching for answers again.

Now, with free agency right around the corner, news poured out of the Hurricanes’ locker cleanout day:

  • It started with captain Jordan Staal, who explained that he doesn’t plan to play anywhere but Carolina next season. The pending UFA will be 35 before the 2023-24 campaign kicks off, but loves being a Hurricane and wants to come back. He even went so far as to say that he wants to finish his career in Carolina.
  • Frederik Andersen, a pending free agent, also wants to return. That’s his “priority” as the two-year deal he signed in 2021 comes to an end. Both Andersen and fellow veteran goaltender Antti Raanta are set to hit the open market, while Pyotr Kochetkov’s new four-year deal kicks in.
  • There was also some injury news, though, with Stefan Noesen explaining that he suffered a grade three shoulder separation. Fortunately, it isn’t expected to require surgery, meaning he’ll be ready for the start of next year. Noesen, 30, finally found a home in Carolina, scoring 13 goals and 36 points in 78 games.
  • Andrei Svechnikov, who had to watch the entire playoff run after suffering a serious knee injury, was optimistic about his recovery timeline and told reporters he’d be on the ice in a month. His absence was certainly felt in the Florida series, after scoring 23 goals and 55 points in 64 games this season.

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

scroll to top