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Capitals Acquire Logan Thompson

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The Washington Capitals have acquired goaltender Logan Thompson from the Vegas Golden Knights in exchange for Pick 83 this year and Washington’s 2025 third-round pick, per Danny Webster of the Las Vegas Review Journal (Twitter link).

This trade gives Washington a quick answer to the question of who was going to fill Darcy Kuemper’s role after he was swapped for Pierre-Luc Dubois. Kuemper served as Washington’s preferred starter last year, though he was limited to just 33 appearances as a result of injury and personal absences. He also wasn’t near his normal self in the games he did play, recording just 13 wins and an .890 save percentage, the first sub-.900 season of his career.

In Kuemper’s absence, Charlie Lindgren staked a strong claim on Washington’s starting role. He recorded 25 wins and a .911 save percentage through 50 appearances, showing the potential to win games for the Capitals when their offense wasn’t moving. He faltered a bit in the postseason – allowing 14 goals on 93 shots as the Capitals got swept – but Lindgren’s left his mark all the same, commanding the NHL starting role after just one year in a full-time backup position.

Lindgren should be the favorite to hang onto Washington’s starting role again next year. After all, he’s now the highest-paid goalie on the roster. But he’ll face like competition in Thompson, who assumed Vegas’ starting role to good effect in the wake of injuries to Adin Hill. Thompson, 27, recorded 25 wins and a .908 save percentage in 46 games this season, continuing the strong start to his NHL career that began in 2021. He’s since totaled 58 wins and a .912 save percentage through 107 career games. That’s a fantastic track record to acquire via trade, especially for a contract that’s technically cheaper than the veteran’s minimum of $775K.

Thompson will join what should be a fun competition for goalie minutes, fighting with Lindgren and Hunter Shepard. Thompson’s consistency could speak to the highest upside of the three.

For their part in supporting Washington’s goaltending room, Vegas receives a pair of picks and a bit more freedom with their own goalies. Adin Hill has proved dazzling when he stays healthy, bosting a career .910 save percentage through 139 games. He’ll now be the team’s unquestioned starter heading into next season, while Jiri Patera and Isaiah Saville will compete for the backup role, pending another move.

Kings Acquire Tanner Jeannot

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The Los Angeles Kings have acquired forward Tanner Jeannot from the Tampa Bay Lightning, per Chris Johnston of The Athletic (Twitter link). In return, Tampa receives Pick 118 in this year’s draft and L.A.’s second-round pick in 2025, per Tracey Myers of NHL.com (Twitter link). The move has since been confirmed by the team.

This trade quickly succeeds Mikhail Sergachev’s move to the Utah Hockey Club. The two moves combine to free up $11.165MM in cap space, massively supporting Tampa’s pursuit of franchise centerman Steven Stamkos. It also quickly succeeds Tampa’s acquisition of Jeannot, which came ahead of the 2023 Trade Deadline, with the Lightning acquiring the winger for Callan Foote and one pick in each of the first, second, third, fourth, and fifth rounds.

Jeannot recorded 24 goals, 41 points, and 130 penalty minutes in his rookie 2021-22 season with the Nashville Predators. But he’s struggled to find that same spark since, totaling just eight goals and 18 points in 75 games with Tampa Bay between last season and this season. With the Lightning facing a cap crunch that may cost them the face of their franchise, they’ve been forced to accept defeat – winning back less than half of the assets they gave up for Jeannot.

But while the trade may illicit soul searching on Tampa’s end, it stands as a low-cost, high-upside move for the Kings. Jeannot carries a low-stakes $2.665MM cap hit – setting him up well to fill the girtty, high-energy bottom-six forward role left open by Carl Grundstrom’s trade to the San Jose Sharks. The Kings have used Grundstrom’s grit to good effect, and could be getting a more dynamic iteration in Jeannot, who shows much more drive down the ice and confidence on the puck. Los Angeles will be searching for any boost they can receive after a middling 2023-24 campaign, though the gritty style that’s led Quinton Byfield to success could also be exactly what Jeannot needs to rediscover his groove.

Utah Hockey Club Acquires John Marino

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The Utah Hockey Club has traded for defenseman John Marino and Pick 153 in the 2024 NHL Draft from the New Jersey Devils, per Pierre LeBrun of The Athletic (Twitter link). In return, the Devils receive Pick 49 and the Edmonton Oilers’ 2025 second-round pick. LeBrun mentions that this opens space for the Devils to sign Brett Pesce when free agency opens on Monday.

Rumors about Marino’s availability kicked into high gear in the week ahead of the draft, as New Jersey became tied to Pesce. It seems that is the path the team will head down, now boasting $19.654MM in cap space, after moving Marino’s $4.4MM bill. That should be plenty enough to beckon Pesce away from Carolina, where he’s so far spent his entire career, though New Jersey will also have to keep their seven pending free agents in mind. That list is headlined by Dawson Mercer, who established a dominant role in the team’s top-six over the course of his entry-level contract. He should be due for a substantial pay raise, though once Mercer is re-signed New Jersey will have their core of Mercer, Jack Hughes, Nico Hischier, Jesper Bratt, Timo Meier, and Dougie Hamilton signed for the foreseeable future.

Meanwhile, Marino will join Mikhail Sergachev as Utah’s newest defenders – and may even play next to the former Lightning on the team’s top line. Marino recorded four goals and 25 points in 75 games this season, falling just one point shy of the career-high he set in 56 games as a rookie. He’s proven reliable through his tenure with the Devils, after joining the team in July of 2022. New Jersey traded Ty Smith and a 2023 third-round pick to Pittsburgh for Marino – since deploying him in a consistent and reliable second-pair role. But Marino seems to have upside left to give, and could find his stride on a Utah blue-line with plenty of space.

Penguins Acquire Kevin Hayes

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The Pittsburgh Penguins have acquired center Kevin Hayes and St. Louis’ 2025 second-round pick, per Frank Seravalli of the Daily Faceoff (Twitter link). Pittsburgh is sending future considerations the other way. No salary was retained, though Hayes’ cap hit is just $3.571MM, with Philadelphia retaining 50 percent of his original $7.143MM cap hit when they traded him to St. Louis.

The Blues quickly flip Hayes to the other side of Pennsylvania, just one year after they acquired him from the Flyers in exchange for a 2024 sixth-round pick. Hayes posted 13 goals and 29 points in 79 games with the Blues – a far cry from the career-high 54 points he managed in his final year with the Flyers. He was tasked as being St. Louis’ reliable, two-way forward on the second line, succeeding Ryan O’Reilly, and while Hayes did well at shutting play down in the middle of the ice – his pace wasn’t enough to inspire much.

But while he didn’t fill the right need in St. Louis, he could be exactly what Pittsburgh needs – offering predictable and reliable impact down the lineup at a relatively cheap cost. The Penguins are facing a cap crunch this summer, with three pending free agents, $7.174MM in cap space, and superstar Sidney Crosby eligible for an extension on July 1st. Hayes could assume the third-line center role behind Evgeni Malkin, making Lars Eller a bit more expendable should Pittsburgh be looking for other cap dumps.

Utah Hockey Club Acquires Mikhail Sergachev

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The Utah Hockey Club have acquired defenseman Mikhail Sergachev from the Tampa Bay Lightning, in exchange for defenseman J.J. Moser, forward prospect Conor Geekie, and a second-round draft pick, per Pierre LeBrun of The Athletic (Twitter link).

The first blockbuster of the draft has hit, as Tampa Bay parts with a top-line defender and moves out $8.5MM in cap space. That should make their pursuit of franchise centerman Steven Stamkos a bit more manageable. Stamkos was reportedly set for the open market on July 1st, with the Lightning holding just $5.335MM in cap space. That number is now up to $16.5MM – a massive difference – after the Lightning also moved Tanner Jeannot and his $2.665MM cap hit to the Los Angeles Kings.

And while the cap space is surely what Tampa was looking for, they’ll reel in a strong return for parting with Sergachev. That includes Moser, who’s filled a strong second-pairing role for the Arizona Coyotes since his second-round selection in 2021. Still just 24, Moser has already totaled 205 career games and 72 points – including 26 points in 80 games this year. He’s a swift, confident defender on and off the puck, showing a knack for controlling traffic along his own blue line.

Tampa also receives top prospect Conor Geekie, the 11th overall pick in the 2022 NHL Draft. He’s since played through his final two seasons in the WHL, recording 99 points in just 55 games split between the Wenatchee Wild and Swift Current Broncos this season. Not to be outdone, Geekie also added nine points in nine postseason games. He’s a big-frame forward, standing at 6-foot-4 and 197 pounds. He’s improved his ability to move that weight around substantially since his draft year looking much more fluid moving with the puck on his stick this season. Geekie signed his entry-level contract following the end of Swift Current’s year, setting him up for his first pro season in 2024-25.

And in return for their pretty penny, Utah receives a true top defenseman – finally ending a search that’s taken them through Jakob Chychrun, Shayne Gostisbehere, and Sean Durzi. None of the options could fill the role, though, leading Utah to pull in the understudy to Lightning star Victor Hedman. Sergachev has served in a vital role for the Lightning since a 2017 trade for forward Jonathan Drouin. He recorded 40 points in 79 games in his rookie season with Tampa Bay, quickly claiming a large share of ice time that he hasn’t relinquished since. Sergachev recorded at least 30 points in each of his next four seasons before posting a career-high 10 goals and 64 points in the 2022-23 season. It was the breakout that fans had been waiting for – though his encore this season was cut short by a pair of long-term leg injuries. He’ll now have to carry on his performance in a new jersey, joining the NHL’s newest franchise.

Sabres Acquire Beck Malenstyn From Capitals

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The Buffalo Sabres have acquired the rights to pending-restricted free agent Beck Malenstyn from the Washington Capitals, sending Pick 43 in the 2024 NHL Draft the other way.

Beck Malenstyn was one of two notable RFAs in Washington’s system, alongside forward Connor McMichael. The two headlined a stressful summer for the Capitals – who are facing three remaining free agents, including McMichael and Max Pacioretty, with just $7.6MM in cap space if you factor in the team receiving LTIR relief for Nicklas Backstrom. Having recently acquired the ever-cheap Logan Thompson, Washington now sits just two contracts short of a full NHL roster.

For their role in helping Washington sort out their summer, Buffalo receives the hefty frame of Malenstyn, who carved out a meaningful role on Washington’s third line as a rookie this year. He recorded 21 points and 25 penalty minutes in 81 games through his inaugural season – more points than he’s managed in any one AHL season, despite spending the last four years with the Hershey Bears. Before his move to the Capitals lineup, Malenstyn’s career-high sat at just 16 points, recorded in 65 games with Hershey in 2021-22. He even took a step back in scoring last year, posting just 10 points in 40 games while supporting Hershey to their first of back-to-back Calder Cups.

Now headed to Buffalo, Malenstyn will serve as relief to a Sabres team that may lose each of Zemgus Girgensons, Victor Olofsson, and Eric Robinson to unrestricted free agency. If that is the case, Malenstyn would vie for a strong role on the third-line wing, though he’ll face pressure from top prospects like Matthew Savoie, Isak Rosen, and Jiri Kulich.

Marty Pavelich Passes Away At Age 96

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Former Detroit Red Wings winger Marty Pavelich has passed away at the age of 96. Pavelich was the oldest living player to play 100 career games or more in the NHL.

Pavelich was built through the Red Wings system. He began his career with Detroit’s juniors team, the Galt Red Wings, in 1946, where he played alongside future Hall-of-Fame goalie Terry Sawchuk. Pavelich’s strong juniors season earned him a call-up to Detroit’s minor-league affiliate, the Indianapolis Capitals, in the following season – a move he quickly vindicated by earning a full-time NHL role. Pavelich posted four goals and 12 points in 41 games as a rookie but quickly followed it with 26 points in 60 games as a sophomore. More importantly, Pavelich showed signs of strong grit. It was enough to inspire then-head coach Tommy Ivan to build a checking line around the forward that supported Detroit’s stars, serving as a big factor in the team’s run to the Stanley Cup in 1950.

That was the first of four Stanley Cups that Pavelich won with the Red Wings – having also joined the team for their wins in 1952, 1954, and 1955. Detroit boasted a fantastic lineup through it all, spearheaded by Sawchuk, Ted Lindsay, Dutch Reibel, and Gordie Howe. Pavelich certainly wasn’t on the height of his Hall of Fame teammates, but he knew the work he had to put in to make up for it. Even at the age of 96, he told the Detroit Free Press, “I may not have been the most talented member of those teams, but you were never going to outwork me.”

Panthers Optimistic About Re-Signing Sam Reinhart

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The Florida Panthers are optimistic about their ability to re-sign star forward Sam Reinhart, general manager Bill Zito tells Tom Gulitti of NHL.com. Zito adds, though, that the team may not have enough cap space to bring back both Reinhart and top-pair defenseman Brandon Montour. He said, “We’re going to spend to the cap… I’m going to spend it all, so you want [cap space], and I don’t have it, I can’t manufacture it. It’s frustrating, it’s harder, perhaps, but there’s really nothing you can do.”

The Panthers are entering the summer with $19.52MM in projected cap space and a daunting 13 pending free agents. In addition to Reinhart and Montour, Florida will have to negotiate with Vladimir Tarasenko, Anton Lundell, and Anthony Stolarz. Each of those players could demand chunks of Florida’s remaining funds, especially as Zito says the team’s goal is to bring back as much of their first Stanley Cup-winning roster as they can.

To do that successfully, Florida will first need to get by Reinhart’s contract without spending half of their budget. It seems hard to tell how much the 28-year-old winger could demand on a new deal, after posting a dazzling 57 goals and 94 points this season. The performance was the most goals ever posted by a Panther not named Pavel Bure – and proceeded two 30-goal seasons in Reinhart’s first two years with the Panthers. He’s carried his scoring tough into the postseason, with 20 goals and 32 points in 53 playoff games since joining Florida in 2021. Reinhart also carries draft precedent, having gone second overall in 2014. While that latter point may not be much reason to pay him more, it could be reason to not pay him less.

An ideal world could see Reinhart sign a deal similar to the eight-year, $72MM deal former teammate Jeff Skinner just had bought out by the Buffalo Sabres. Skinner doesn’t seem to be in much of a place to vindicate the deal’s second half but it was enough to control him through strong seasons with the Sabres. Reinhart, who has performed at a higher and more consistent level than Skinner, could make a structure like this look much better, likely won’t be as quick to fall off; though Skinner’s buyout could be a good forewarning to the Panthers to avoid long term.

That structure would leave Florida with just over $10MM for the rest of their summer. That certainly won’t be enough to make all of the moves they’d surely like to make, including bringing back Montour after a career-high 73 points last season. Montour brought that scoring back to 33 points this year, though he’s still commanded a prominent role in Florida’s top-four. The Panthers have been rumored to be shopping around star defenseman Aaron Ekblad, which would open the cap space to move forward with Montour and Gustav Forsling as a top pair.

But even that could be a tall order as teams face more cap headaches than anyone wants. Florida is among the most stressed, as they look to build back as best of a lineup as they can while sticking to their budget.

Edmonton Acquires 32nd Overall Pick From Philadelphia

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Sportsnet’s Elliotte Friedman reports the Edmonton Oilers have acquired the 31st overall pick from the Philadelphia Flyers. The Flyers will receive the Oilers’ first-round pick in 2025 or 2026 based on conditions attached to the pick per Frank Seravalli of Daily Faceoff.

After losing the Stanley Cup Final only a few days ago, Edmonton was able to trade into the first round after all. The organization selected Sam O’Reilly out of the top-tier London Knights program in the Ontario Hockey League. O’Reilly carries keen awareness all over the ice and is a defensive-minded center through and through.

In 68 games for London this season, O’Reilly scored 20 goals and 56 points while collecting a rating of +32. After the regular season, O’Reilly tallied another five goals and 12 points in 16 postseason contests as the Knights made it to the Memorial Cup Finals after going 16-2 in the OHL playoffs. Long-term, due to his style of play, O’Reilly projects to be a solid bottom-six option in Edmonton.

It was likely an easy gamble for the Flyers, as Philadelphia must hope the Oilers don’t win the Stanley Cup Final over the next two seasons to reap positive value out of this deal. Even before the start of the 2024-25 NHL season, the Flyers potentially already have three picks in the first round of the 2025 NHL Draft if certain conditions are met.

Chicago Acquires 27th Overall Pick From Carolina

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Per Frank Seravalli of Daily Faceoff, the Chicago Blackhawks have acquired the 27th overall pick in the 2024 NHL Draft from the Carolina Hurricanes in exchange for the 34th and 50th overall selections. The Blackhawks will now make their third selection of the first round.

Taking a mild swing with the pick, it is clear that the Blackhawks were looking for a role player next to Connor Bedard. Chicago used the selection on forward Marek Vanacker from the Brantford Bulldogs of the Ontario Hockey League. Vanacker thrives in transition and is a nuisance to play against in the middle of the ice.

In addition to being a puck thief against opposing teams, Vanacker was an effective playmaker for the Bulldogs this season. In 68 games, Vanacker put up 36 goals and 82 points while putting up another three goals and seven points in six postseason contests. In international play, Vanacker was rostered on Team Canada U18 but only mustered one goal in six tournament games.

Similar to the Avalanche, the Hurricanes have become the second team to trade out of the first round entirely on the first day of the draft. However, Carolina stacked onto their draft capital with this move, as they now have 10 selections to use over the next six rounds.

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