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Free Agent Focus: New York Rangers

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Free agency is less than a month away and teams are looking ahead to when it opens.  There will be several impact players set to hit the open market in July while many teams have key restricted free agents to re-sign as well.  We continue our look around the NHL with an overview of the free agent situation for the Rangers.

Key Restricted Free Agents

F Alexis Lafrenière – Just under three years ago the Rangers watched the lottery balls bounce their way as they were fortunate enough to win the sweepstakes for Lafrenière. At the time the 21-year-old looked like a can’t miss first overall pick having been dominant in the QMJHL and the World Juniors. But now just three years later the Rangers are facing quite the dilemma with the young forward. On one hand he is one of their few valuable trade chips, however, given their cap crunch his cap hit will likely give them a functional player on a reasonable contract.

Lafrenière has played a lot of bottom six minutes and hasn’t really seen the offensive opportunities that other first overall picks have had, however he also hasn’t shown the same skill level or skating as some of the other first overall picks before him.

Lafrenière had a career high 39 points this season in 81 games and did a much better job driving play than he had in previous seasons. However, he also enjoyed much more favorable deployment than in previous seasons which leads one to wonder if he will have better numbers in a different role under a new head coach.

Regardless of who is signing his checks next season Lafrenière is likely to be playing under a two- or three-year bridge deal with a cap hit like the $2.1MM that teammate Kaapo Kakko is playing under.

D K’Andre Miller – Miller’s next contract is going to make for a very interesting negotiation. He is the Rangers best left shot defenseman and played at a very high level for the past two seasons including this past year where he posted nine goals and 34 assists in 79 games. While 43 points total isn’t elite for a defenseman, his 38 even strength points are. Miller saw very little powerplay time and still managed to post very strong offensive numbers.

While his offensive numbers are good, he and partner Jacob Trouba went through some long stretches this season where they couldn’t keep the puck out of their own net. While they turned it around, Miller’s defensive struggles could work against him in negotiations. It’ll be interesting to see how the Rangers navigate their negotiation with the 23-year-old St. Paul native. It’s unlikely they will give him the Rasmus Dahlin contract at a cap hit of $6MM, but an average annual value between $4MM and $5.5MM seems very possible.

Key Unrestricted Free Agents

F Patrick Kane – The Rangers acquired the three-time Stanley Cup champion at the trade deadline this past winter and while things didn’t end up the way they’d hoped, they didn’t give up a lot of assets to acquire the player. Kane recently had surgery to resurface his hip and will be ready to play in 4-6 months. He makes for a curious free agent because any team that fancies themselves a contender likely won’t give out a big cap number until they can see skate again after his recovery. If this is the case, Kane could wait until after his recovery to see who the contenders are next season before inking a deal. The issue there for Kane would be that most teams will be close to the cap ceiling by the time the seasons starts. Kane is still a very productive forward (when healthy), this past season he put up 21 goals and 36 assists in 73 games during the regular season and followed it up with a goal and five assists in seven playoff games. If he were healthy Kane would probably be looking at a three-year deal worth around $6MM. But, because of his injury I think he will need to wait and sign a one-year deal closer to the start of the season or in season once he has recovers from his injury.

F Vladimir Tarasenko – Tarasenko arrived from St. Louis to a lot of fanfare in New York but couldn’t help the Rangers get over hump in the Eastern Conference. The 31-year-old put up 18 goals and 32 assists in 69 games split between the Blues and the Rangers and struggled in the playoffs putting up just four points in seven games. The Rangers would probably like to sign Tarasenko to a short-term deal but given their lack of cap space they likely can’t pursue the winger. Tarasenko will be interesting negotiation as he struggled to drive play last season and isn’t the player he once was. He’ll still find work, and a good little pay day, but it won’t be at anything close to the $7.5MM he made on his previous deal.

G Jaroslav Halák – It’s hard to believe that Jaro Halák is still chugging along at the tail end of his NHL career. He has struggled in recent years, but the veteran continues to find work in the NHL on one-year contracts. Halak hasn’t posted a .905 save percentage in any of the past three seasons but has been able to stay slightly above average in expected save percentage. Currently Halák is a good backup option for a team that is looking for average goaltending 20-25 nights of the year. He will likely be able to fetch a one-year contract at around $1MM.

Other UFAs: Niko Mikkola, Tyler Motte

Projected Cap Space

The Rangers emerged from a quick rebuild just a few seasons ago and had plenty of draft capital and a lot of salary cap flexibility. Now just a few years later the Rangers are in a very precarious salary cap situation as they have just $11.8MM in cap space with 14 players signed for next year. While that is a bit alarming, the good news for New York fans is that most of the core is signed for at least the next two years to fairly reasonable contracts. That being said, there are a few deals that general manager Chris Drury would probably like the opportunity to dump should an opening arise.

The club likely won’t have room to extend Kane or Tarasenko without moving out a very good player and given the age of both players they may want to pass on doing so. The Rangers are also two years out from having to give superstar netminder Igor Shesterkin a new deal, one which could potentially eclipse $9MM annually if he can duplicate his 2021-22 season in the next two seasons. With all of that going on, it’s unlikely that there will be big changes this summer on Broadway.

 

Photos courtesy of USA Today Sports Images.  Contract information courtesy of CapFriendly.

Roy Not Being Considered For Rangers HC Role

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As the New York Rangers remain on the search for a new head coach, an interesting name appeared in rumors. Patrick Roy, who has been the head coach of the QMJHL Quebec Remparts for the last five seasons, recently winning the 2023 Memorial Cup, was thought to be a proper candidate to take over for the Rangers behind the bench.

Today, Mollie Walker of the New York Post, reports that New York is not considering Roy for the role, and he will not be given an interview for the position. Although Roy has indicated this year will be his last in Quebec, it was unknown whether or not he was interested in the Rangers head coaching position. Aside from a three-year stretch as head coach of the Colorado Avalanche in the mid-2010s, Roy has been involved with the Remparts in some fashion since 1997.

Currently, the Rangers are only one of two teams without a head coach for the 2023-24 NHL season, joining the Calgary Flames. In recent reporting, it appears that New York has whittled their list down to two candidates, John Hynes, and Peter Laviolette. Up to this point, there have been no links drawn between Roy and Calgary, but they still remain in the early stages of their search compared to New York.

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Rangers Have Yet To Interview Patrick Roy For Head Coaching Position

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  • The Rangers have not yet interviewed Patrick Roy for their coaching vacancy, reports Larry Brooks of the New York Post. However, it’s worth noting that Roy is still coaching with his QMJHL team, Quebec, set to play the final game of the Memorial Cup on Sunday so perhaps at that time, GM Chris Drury might reach out to his former teammate.  Roy has some NHL experience under his belt having spent three seasons behind the bench in Colorado before abruptly resigning in 2016.  Among coaches still available New York has already interviewed Peter Laviolette and Jay Leach and the team is set to do so soon with John Hynes if they haven’t already done so.

Patrick Kane Undergoes Hip Surgery, Out 4-6 Months

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Pending unrestricted free agent forward Patrick Kane underwent a hip resurfacing procedure today, according to his agent, Pat Brisson. The expected recovery time is four to six months, which will keep Kane out for most of training camp at a minimum.

Per Sportsnet’s Elliotte Friedman, doctors are optimistic this won’t impact Kane’s career trajectory. This is the same procedure that Washington Capitals center Nicklas Bäckström underwent last offseason; he had 21 points in 39 games in 2022-23 after returning to play in January.

Kane has been dealing with hip issues for the past few seasons, but their severity evidently increased this season. Surgery was on the table as an option before his trade from the Chicago Blackhawks to the New York Rangers, and he recorded just 57 points, a career-low for him in a full season.

Hip resurfacing is similar to a hip replacement procedure but less invasive. Instead of entire parts of the hip being replaced with artificial components, only the damaged parts of the hip are trimmed away and replaced with a metal shell.

Given Kane’s age and the Rangers’ need to elevate their younger players in the lineup, it seemed rather unlikely the two parties would meet on an extension even without the recovery time from the surgery in the picture. The procedure now throws into question when (or if) a team will sign Kane – it’s not outlandish to predict he’ll still be looking for a home when the puck drops on the 2023-24 regular season.

The 34-year-old admitted early last month that he wasn’t fully healthy during the Rangers’ postseason run and would prioritize his healthy this offseason.

Drafted first overall in 2007, Kane has (assumedly) wrapped up his half-decade-plus-long career in Chicago with 446 goals and 1,225 points in 1,161 games. He had five goals and 12 points in 19 games down the stretch of the 2022-23 season with the Rangers.

Again, this doesn’t seem to be a career-ending procedure for Kane, but with the Rangers looking to maximize their competitiveness next season and Chicago focused on rebuilding, he’ll likely need to complete his recovery before donning a new uniform.

Rangers Given Permission To Interview John Hynes

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Already a day after his removal as the head coach of the Nashville Predators, John Hynes has plenty of interest from teams around the NHL. Per Mollie Walker of the New York Post, it appears that the New York Rangers have been given permission to interview Hynes for their head coaching vacancy.

The Rangers have already been heavily linked to Peter Laviolette, but with another veteran head coach now on the open market, it is only natural that the Rangers continue to do their due diligence. Having been a head coach in the NHL for the last nine seasons, Hynes fits the mold of an established coach that the Rangers appear to be after in their search.

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Edmonton Oilers Acquire; Sign Jayden Grubbe

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3:07 PM: Shortly thereafter, the Oilers announced that Grubbe has signed a three-year entry-level contract with the organization. The deal will run until the end of the 2025-26 NHL season. The contract will also carry an AAV of $925K in the NHL, and an AAV of $80K in the AHL.

12:04 PM: With tomorrow’s deadline approaching for many expiring draft rights, a few last-minute dealings may be made. The Edmonton Oilers have done just that, acquiring Jayden Grubbe from the New York Rangers in exchange for a 2023 fifth-round pick. If not signed by tomorrow evening, Grubbe’s rights would no longer belong to the Oilers.

The fact that they made this trade suggests that an entry-level contract will soon follow, though it has not yet been announced. Grubbe, 20, was a third-round pick of the Rangers in 2021 but still hasn’t taken the jump to elite production in the junior level, despite his NHL size.

In 2021-22 he had just 14 goals and 35 points in 68 games, and while this year was better—18 goals and 67 points in 64 games—it may still not have been enough to make the Rangers interested in offering him a deal.

That, or perhaps the Alberta native didn’t see a future for himself in the Rangers organization. He’ll now get a chance to sign closer to home, and start his professional career with the Oilers minor league system.

Standing 6’3″, Grubbe has shown some flashes, but has a long way to go before making an impact at the NHL level. The fact that the Rangers landed a fifth-round pick for him is rather impressive, given how close they were to losing him for nothing.

From the Oilers perspective, this may have been their best chance at landing the young forward. Should Grubbe’s rights expire, he could re-enter the draft. If they were willing to spend a fifth (or higher) on him anyway, it makes sense to do the deal ahead of tomorrow’s deadline.

Latest On Pending Rangers UFAs

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Mark 2023 down as a formative offseason for the New York Rangers, who are looking to stamp out any doubts next season after a disappointing First Round exit against the New Jersey Devils. While they’re already looking for a new head coach after firing Gerard Gallant, general manager Chris Drury has some offseason player personnel decisions to make, too, after going all in at this year’s trade deadline.

In his latest column for The Athletic, Arthur Staple listed forwards Patrick Kane and Vladimir Tarasenko, as well as defenseman Niko Mikkola, as the least likely returnees to the Rangers roster in 2023-24. All pending unrestricted free agents, they’ll likely be too rich for the Rangers’ blood, at least in terms of what they’ll offer to the team over the life of their next contracts.

As Staple concurs, Kane’s health is an obvious question mark moving forward, and Mikkola’s cap hit on his next deal will price the Rangers out of what they can afford for a depth defenseman, especially when offensive acumen from the blueline is an area of need on the third pair. Tarasenko is likely a pure cap casualty, with a strong showing down the stretch boosting his value on the open market.

Rangers Meeting With Peter Laviolette Again

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  • The Calgary Flames have contacted former New York Rangers head coach Gerard Gallant, who will be part of an extensive interview process as they look to replace the outgoing Darryl Sutter. Gallant has had great success in all his head coaching roles but has never made it through a third season with the same team.
  • The Rangers are expected to meet with Peter Laviolette again today as they look to replace Gallant. Hynes has also been linked to the New York job, suggesting they’ll go with another experienced name after parting ways with Gallant earlier this month.

Peter Laviolette Linked To New York Rangers Coaching Vacancy

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The New York Rangers could be the first team of the 2023 offseason to fill a vacant head coaching position. Per Sportsnet’s Elliotte Friedman, well-tenured NHL bench boss Peter Laviolette is becoming the consensus pick to take over behind the Rangers bench, with a potential announcement coming next week.

Out of all the teams looking for a new head coach this offseason, the Rangers’ search has been the shortest. The team announced they’d parted ways with second-year coach Gerard Gallant on May 6.

If hired, the Rangers would be the sixth stop on Laviolette’s coaching tour. He ranks third among active coaches for seasons spent as a head coach (21), tied with current Philadelphia Flyers bench boss John Tortorella.

Laviolette, 58, himself became a free agent this summer, mutually parting ways with the Washington Capitals after three seasons as their head coach. His contract was set to expire regardless on June 30.

Undoubtedly, Laviolette is one of the most coveted options on the market. He’s got multiple deep playoff runs under his belt, and at first glance, he seems like an ideally experienced candidate to handle the New York market and lead the team into its first Stanley Cup Final since 2014.

But if you’re met with exasperation from Rangers fans when bringing up the connection, it is justified. The team’s largest issues over the past few seasons have been developing the talent they drafted to lead their retool, instead leading on their veteran stars (and goaltending) to take them to the next level.

Filip Chytil seems to be growing well into a high-end third-line center, but Alexis Lafrenière and Kaapo Kakko weren’t able to reach their peak effectiveness under two previous coaches in New York. Other top ten picks, namely Lias Andersson and Vitali Kravtsov, ended their Rangers careers as merely a blip in the stat book and now reside outside the organization.

Is Laviolette the right candidate to fix that issue and utilize the most out of depth players? The jury’s out on that one. His two previous franchises, the Capitals and Nashville Predators, are currently stagnant in their development. Nashville’s future only recently brightened thanks to a series of shrewd moves over the past few months from outgoing general manager David Poile.

There is one thing on Laviolette’s résumé that puts him ahead of a more developmental candidate or potentially an internal promotion from the team’s AHL staff in Hartford: three conference championships, all with different teams. Considering he hasn’t reached the Cup Final since 2017 with Nashville, Laviolette does seem due for another chance at Stanley after appearances in 2006 (a win with Carolina) and 2010 (a loss with Philadelphia).

Lauri Pajuniemi Signs In Sweden

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  • Pending Rangers RFA Lauri Pajuniemi has decided to try his hand in the SHL as he has joined Malmo on a one-year contract, per a team announcement. The 23-year-old winger had a good sophomore year with AHL Hartford, notching 19 goals (fourth-most on the team) and 38 points (sixth-most) in 68 games while chipping in with six points in nine playoff appearances.  However, Pajuniemi didn’t receive a recall at any point during the regular season.  New York can retain his rights through 2027 by still tendering him a qualifying offer next month.

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