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Brock Boeser

Vancouver Canucks Sign Brock Boeser

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The Vancouver Canucks have come to a resolution with Brock Boeser, signing him to a three-year contract worth a total of $17.625MM. That means Boeser will carry an average annual value of $5.875MM, a fair amount less than numbers that had been discussed earlier this summer. GM Jim Benning released a short statement on the deal:

We’re very pleased to have Brock re-sign. He’s a talented player, a key contributor to our offence and an important part of our team’s future. We look forward to having Brock join the team in preparation for the upcoming season.

As with several other restricted free agent contracts, Boeser’s deal will be back-loaded to force the team into giving him an expensive qualifying offer down the road. The full breakdown of the deal comes from Dan Murphy of Sportsnet:

  • 2019-20: $700K salary + $3.3MM signing bonus
  • 2020-21: $3.125MM salary + $3.0MM signing bonus
  • 2021-22: $7.5MM salary

That means that the Canucks will have to offer Boeser at least $7.5MM in 2022, given he will still be a restricted free agent at the end of the deal. As we wrote earlier today when things were picking up between the two sides, the 22-year old Canucks forward was in a different situation than many of the other unsigned RFAs. He and Charlie McAvoy of the Boston Bruins were both ineligible for offer sheets after making their NHL debuts following college seasons in 2017, giving them even less leverage in negotiations. As it turned out, both players have signed three-year deals to get them to their arbitration years.

In Boeser’s case, he still landed quite the raise and will immediately become the second highest-paid forward on the Canucks roster (only trailing fourth-line winger Loui Eriksson). For good reason too, given the 59 goals he has scored over his first 140 games in the NHL, a rate that puts him 17th in the entire NHL since the start of the 2016-17 season. That kind of first-line production will make Boeser a bargain right away for the Canucks as long as he can stay healthy, something that has been something of an issue so far in his career.

For the Canucks, there was no way they could afford to start the season without Boeser in the lineup. Vancouver spent up to acquire more talent this offseason by signing Micheal Ferland and Tyler Myers in free agency, while trading a first-round pick for J.T. Miller. After a few years of rebuilding the team wants to start contending for the playoffs once again, with Boeser, Horvat and Elias Pettersson driving the play up front.

The question now becomes who else is on the roster behind them. The team has 15 forwards signed to one-way contracts plus Pettersson and Adam Gaudette who are both still on their entry-level deals. 13 of those one-way deals are for at least $1.25MM, meaning they would still be felt (in part) against the cap even in the minor leagues. Boeser is also the only one of them that is still waiver-exempt, meaning there will be tough choices on who to expose to the rest of the league at the end of training camp if the group is healthy.

Boeser’s signing leaves just nine restricted free agents still to sign.

Brock Boeser Talks Picking Up

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As of last week, the Vancouver Canucks and Brock Boeser were still not close on a contract despite training camp starting and the season approaching. That may be changing. Both Pierre LeBrun of The Athletic and Rick Dhaliwal of Sportsnet have reported today that talks have “picked up” over the last 24 hours. While both insiders can’t guarantee a deal comes soon, it is a positive sign at the very least that the two sides are talking again.

Boeser, 22, isn’t in the same situation as some the other restricted free agents. He doesn’t have all the rights of the others and couldn’t sign an offer sheet even if one was presented, because he’s played only two full seasons in the league. The former University of North Dakota standout signed after his sophomore college season ended and has just 140 games under his belt. Like Charlie McAvoy however, who was in the same situation, that doesn’t mean he won’t be able to secure a huge raise over his entry-level earnings. Boeser has been one of the most dangerous goal scorers in the league since his debut, registering 59 in those 140 games along with 57 assists.

While McAvoy ended up signing for just three years at $4.9MM, reports earlier this summer had the Canucks offering Boeser a much bigger and longer deal. His camp was trying to keep the term shorter than the reported six-year offer, but at this point it’s not clear what is being discussed. If one side has conceded on the term or salary, perhaps there is something to be done in the coming days. Like most players, Boeser and the Canucks have expressed a desire to get a contract signed before the season begins in order to miss as little time as possible.

It won’t take long to get Boeser to training camp, but the preseason schedule kicks off tonight for the Canucks. Every day this stalemate continues is lost preparation time for the young forward, and we’re now just over two weeks from the start of the regular season. The Canucks open the year in Edmonton on October 2nd, and hopefully will have their sniper ready to go.

Vancouver Canucks, Brock Boeser Still Not Close On Contract

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The Vancouver Canucks begin training camp on Friday ahead of a big season with big expectations. Their young core led by Elias Pettersson, Quinn Hughes and Brock Boeser is hoping to turn things around push the Canucks into a playoff spot in the Pacific Division. There’s only one thing wrong with that picture—Boeser still doesn’t have a contract. The 22-year old won’t be with the club on Friday without one, and Rick Dhaliwal of Sportsnet reports that the two sides are still not close to a deal, with a big salary gap even on a short-term deal.

Boeser, who has scored 59 goals through the first 140 games of his career, is absolutely paramount to the Canucks’ chances this season. Though the team has added talent like J.T. Miller, Micheal Ferland and Tyler Myers, no one can match Boeser’s pure goal-scoring ability and perfect fit with Pettersson on the top line. His 39 even-strength goals over the last two seasons puts him ahead of other wingers like Patrik Laine, Mitch Marner and Phil Kessel and he ranks 25th in the entire league for goals (of any variety) per game over that time.

The question will be how the two sides finally structure the deal to provide Boeser with the best financial opportunity. There have been reports earlier this year that had the player asking for a number somewhere in the vicinity of $7MM per season, but it would be difficult for the Canucks to fit that in at the moment given their other cap commitments—this is where Roberto Luongo’s recapture penalty is really squeezing GM Jim Benning and the rest of the front office. A comparable player in Timo Meier signed at the beginning of the summer for $24MM over four years, but loaded $10MM of that in salary at the end so that his qualifying offer would be that high in his final year of restricted free agency. The Canucks may not want to do something like that and provide a roadmap for Boeser to get to UFA status so easily, but obviously there is a substantial gap still on shorter-term deals.

It is important to note that unlike other restricted free agents that have played three full seasons on their entry-level contracts, Boeser is not eligible for an offer sheet thanks to making his NHL debut at the end of the 2016-17 season after coming out of college. He only has two options at this point, hold out or sign a deal with the team, since he’s also not arbitration eligible. Boeser must sign before December 1st in order to be eligible to play at all this year.

Canucks Notes: Boeser, Goldobin, Juolevi

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The Vancouver Canucks are one of the teams looking at the start of training camp in a few days with one of their key players still without a contract as Brock Boeser remains unsigned now into September. Though there is obvious upside for both the player and team to have things resolved before camp, Rick Dhaliwal of Sportsnet tweeted yesterday that there is still “lots of work to do” before a deal can be made.

Boeser, 22, has already scored 59 goals in his young career but has been limited by injury in each of his two full seasons with the Canucks. While other players like Mitch Marner, Brayden Point and Mikko Rantanen have huge point totals to bring up in negotiations, Boeser has a career-high of just 56 thanks to all the time he’s missed. There’s no question how important he is to the Vancouver attack but there are serious risks on both sides to both a bridge deal and long-term deal, which may have made the negotiations a bit more difficult. Boeser is expected to be looking for a four-year deal with a cap hit around $7MM, but with less than two weeks before training camp opens things may have to change to get it done in time.

  • The Canucks have another restricted free agent that gets much less publicity, but still could be an important piece. Nikolay Goldobin hasn’t been able to find his way in the NHL just yet, but Dhaliwal reports that there has been “positive dialogue” towards a new contract. The 23-year old Goldobin had 27 points in 63 games last season and showed flashes of the offensive ability that made him the 27th overall pick in 2014, but he needs to find more consistency in order to really be an impact player for the Canucks moving forward.
  • Speaking of high draft picks that haven’t quite found their way, the Canucks still have high hopes for defenseman Olli Juolevi as he continues to rehab a knee injury. Juolevi may not participate much in the upcoming prospects camp according to Ben Kuzma of The Province, who spoke with Canucks GM Jim Benning. Benning explained that the team wouldn’t “throw [Juolevi] into the fire” as they try to avoid any setbacks and have him ready for the start of the season. Juolevi underwent knee surgery last December and still has not made his NHL debut despite being the fifth overall pick in 2016.

Poll: Who Will Be The First Top RFA To Sign?

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It’s the question on everyone’s mind. When will these restricted free agents sign? The workday on the second last Friday of August has almost come to an end and there is still a huge list of unsigned stars with no real progress being made. Whether they are all waiting on Mitch Marner or Brayden Point to set the market or not, we’re starting to get closer and closer to the start of training camp and real contract holdouts beginning. We’ve already heard one player has contacted a European squad to give them a place to train, and there will undoubtedly be more.

So who breaks the dam? When Colin White signed earlier this week there was hope that things were finally progressing, but instead there has been deafening silence around the league. Even with small tidbits of information coming out from situations surrounding Zach Werenski and Brock Boeser, there still doesn’t seem to be any movement. Boston Bruins GM Don Sweeney explained today that things with Brandon Carlo and Charlie McAvoy are going “not as fast as everybody would like” but that he’s confident they will be with the organization for a long time.

It’s not even just the top players that are still out there without a contract. Names like Kevin Fiala, Brendan Perlini and Adrian Kempe are still without deals for one reason or another and may still be waiting on the high-profile players to be finished first. That’s a tough place for any young player to be in, especially when you’re not quite as established as someone like Point or Marner. Missing training camp would be a huge detriment to their careers, meaning they’re likely watching the news wire just as closely.

When will things change? Who will finally decide that the waiting game is taking too long? Cast your vote below and make sure to explain why in the comments. We’ve included the top names, but feel free to explain why another player may be the one to kick things off.

[Mobile users click here to vote]

Snapshots: Rangers, Boeser, Koivu

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The Rangers appear to be sticking to their guns when it comes to their remaining restricted free agents in winger Brendan Lemieux and defenseman Anthony DeAngelo.  Larry Brooks of the New York Post reports that the team has no apparent inclination to move off the qualifying offers that they tendered back in June which were worth just over $874K each.  Neither player had salary arbitration rights which limited their options while they don’t have a multi-year track record to really command a bigger deal either.  New York is also tight to the salary cap which is playing a factor as well.  The duo could try to solicit an offer sheet where the compensation thresholds would be low but beyond that, it appears the waiting game for these two will continue.

Elsewhere around the league:

  • While the contract Canucks RFA winger Brock Boeser is seeking is believed to be similar to that of San Jose winger Timo Meier, don’t expect it to have a similar structure. Postmedia’s Ben Kuzma notes that the asking price remains four years at a $7MM AAV (Meier came in at four years at $6MM per), but GM Jim Benning isn’t a fan of the back-loaded structure that creates a highly-inflated qualifying offer at its expiration.  A four-year deal would carry some risk in that it would take him a year away from UFA eligibility but at the same time, it would carry a lower AAV which would be helpful given their salary cap situation.
  • Wild center Mikko Koivu expects to be ready for training camp after undergoing surgery to repair a torn meniscus and ACL last season, reports Jessi Pierce of The Athletic (Twitter link). However, it’s likely that he will be limited during the preseason as a precaution. The 36-year-old is entering the final year of his contract which carries a $5.5MM cap hit and with his output dipping in recent years, it will be interesting to see if the 14-year veteran will get a chance to stay with the only NHL team he has ever known or if new GM Bill Guerin will opt to move on.

RFA Notes: Honka, Perlini, Boeser

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The Dallas Stars are still expected to move on from young defenseman Julius Honka at some point, it’s just not clear when that will be. The 23-year old spoke to Sean Shapiro of The Athletic (subscription required) and explained that he is trying to stay positive about the next chapter of his hockey career, despite not knowing exactly where that will be.

Honka is unsigned, one of the large group of restricted free agents still without a contract for the upcoming season. The Stars meanwhile have their defensive group filled out for 2019-20 thanks to the emergence of Miro Heiskanen and solid contributions from depth options like Roman Polak, Jamie Oleksiak and newcomer Andrej Sekera. With a lack of opportunity there have been trade rumors floating around Honka for quite some time, though it’s not clear when a move will actually be made.

  • One other young RFA that is expected to sign soon is Brendan Perlini of the Chicago Blackhawks, who continue to discuss a new contract according to Scott Powers of The Athletic. Powers relays news from a source that says a deal will get done “over the next week or so.” Perlini is the final restricted free agent left to sign for GM Stan Bowman, who has rebuilt the Blackhawks roster over the last several months by bringing in names like Andrew Shaw, Zack Smith, Olli Maatta and Calvin de Haan.
  • Though a deal for Perlini is imminent, that doesn’t sound like the case for Vancouver Canucks forward Brock Boeser. Iain MacIntyre of Sportsnet tweets that Canucks GM Jim Benning won’t have anything new to say about Boeser when he speaks to the media today about his own extension. Boeser is one a dozen high profile restricted free agents waiting for the market to be set by someone else—with most pointing to Mitch Marner or Brayden Point as the flag bearers for the class.

Latest On Brock Boeser’s Contract Negotiations

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The Vancouver Canucks are one of the many teams waiting to resolve a contract situation with one of their best players, in their case restricted free agent Brock Boeser. The 22-year old forward has scored 59 goals through his first 140 NHL games and possesses one of the most lethal shots in the league. Seemingly a perfect fit alongside phenom center Elias Pettersson, the Canucks would surely like to lock Boeser up to a reasonable long-term deal. Ben Kuzma of Postmedia was on TSN radio yesterday and reported that Boeser’s camp is looking for a $7MM average annual value on his next deal and suggests Timo Meier’s four-year deal as a reasonable comparison.

Meier signed that four-year $24MM contract with the San Jose Sharks at the beginning of July, but it was designed in a very interesting way. At the conclusion of the contract Meier will still be a restricted free agent for one more year, but because he earns $10MM in salary during the 2022-23 campaign that is what the Sharks would have to extend him as a qualifying offer in order to retain his rights. Obviously they could work out another extension, but Meier has virtually turned the deal into a five-year $34MM contract if he wants it to be. That gets the average annual value a lot closer to that $7MM mark that Kuzma reports Boeser is after.

It’s not clear if the Canucks would be willing (or able) to structure a deal like that, but obviously some sort of compromise will have to be made. Seemingly the entire RFA class has decided that they want to get paid handsomely this summer on their second contracts, and many believe the market is still being held up by Mitch Marner and the Toronto Maple Leafs. Marner isn’t a very good comparable for Boeser given the difference in their NHL experience (Marner has played in 101 more regular season games than Boeser and is a year closer to UFA status), but he still may set the ceiling on the entire market whenever he actually signs. For what it’s worth, Toronto GM Kyle Dubas spoke with TSN at the World Junior Summer Showcase and explained that there isn’t a ton of progress in any of the RFA situations around the league.

A $7MM cap hit would put Boeser into the top-35 in terms of highest paid forwards in the league, tying him with names like Anders Lee, James van Riemsdyk and Evander Kane who were all paid for their UFA seasons relatively recently. William Nylander’s six-year $45MM deal comes in just shy of the $7MM mark and was signed as an RFA, though it also buys out a year of unrestricted status.

It is important to note that the Canucks don’t actually have a ton of cap space to throw around. CapFriendly is currently projecting them to have just over $5MM, though that is based on a 24-man roster that will obviously be downsized before the start of the season. With Nikolay Goldobin still to go however, there will likely have to be a few more moves to fit everyone in if Boeser does get his $7MM deal. While Boeser is obviously worth it, the Canucks have a lot of money tied up in bottom-six forwards (even through 2020-21 and beyond) and may have to find a way to shed some of them before things really get going next month.

Photo courtesy of USA Today Sports Images

Mitch Marner Deal Holding Up Other Restricted Free Agents

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If the Toronto Maple Leafs’ negotiations with Mitch Marner last as long as they did with William Nylander last season, many other NHL teams are going to be in trouble. According to The Athletic’s Joe Smith, many other agents are waiting to see how Marner’s deal shakes out before finalizing terms for their own top restricted free agent forwards. A surprising number of prominent RFA forwards remain unsigned and could stay that way until the Marner deal sets the market.

Writing specifically about the Tampa Bay Lightning, a team facing their own RFA conundrum with breakout center Brayden Point, Smith states that the team expects Point to be ready for camp in September, but agent Gerry Johansson is content with the “slow process”. The agents for Mikko Rantanen, Matthew Tkachuk, Kyle Connor, Brock Boeser, Patrik Laine, and Travis Konecny likely feel the same way and are apparently waiting to see where Marner, the best of the group, ends up before moving forward. In fact, Sportsnet’s Rick Dhaliwal also added today that things are very quiet around Boeser’s camp and he acknowledges that the process has been slow for most big-name RFA’s.

So what will be the first domino to fall? Will Marner really sign first and set the stage for everyone else? Or will another unsigned star finally budge and give the market a much-needed comparable? While Marner, who recorded 94 points in 82 games last year, is the most established player and considered the top RFA who would be the ceiling for the market, he was actually quite comparable to Rantanen and Point last season. However, the rest of the group could benefit from any of the group signing a contract to use as a point of comparison. At this point in the summer, the odds are high that at least one of these negotiations will last into the regular season. But if the reports are true that the market waits on Marner, those teams with top unsigned RFA forwards better hope that Toronto and their star winger are closer than it seems.

West Notes: Engelland, Hutton, Eriksson

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The bonus structure for Deryk Engelland’s new contract has been reported by PuckPedia, and there are certainly some achievable milestones for the veteran defenseman. Engelland will receive a $300K bonus for playing in ten games, and an additional $100K at the 20 and 30 game thresholds. He’ll also get an additional $100K if he finishes the season in the top-five on the Vegas Golden Knights in ice time, an $100K for making the playoffs, and $25K for each successful round.

The relatively easy bonuses are another reason why the Golden Knights didn’t want to be using long-term injured reserve if they can avoid it, hence the trade of David Clarkson’s contract earlier this week. If they were using LTIR and Engelland reached the bonuses, they would be applied as a cap overage in 2020-21 giving the team even less room for additional spending. Obviously $800K in overages isn’t the end of the world, but for a team like Vegas who is expected to be cap-strapped for some time they can make a difference.

  • Ben Hutton’s agent Andy Scott of Octagon Hockey spoke to Rick Dhaliwal on Sportsnet radio, and explained that he has no doubt the free agent defenseman will be signed before the year starts. Hutton has “plenty of offers” according to Scott, though nothing has been worked out so far. Scott also gave his take on the Brock Boeser situation (who is represented by fellow Octagon agent Ben Hankinson) explaining that “everyone is taking it slow” in the market right now. Boeser is one of a huge number of star restricted free agents still without contracts as August nears.
  • The conversation around Vancouver Canucks forward Loui Eriksson continues, this time with Harman Dayal of The Athletic (subscription required) exploring potential trade options in the form of LTIR contracts coming back. The most eye-popping suggestion is one that revolves around Ryan Kesler, who is a polarizing figure in Vancouver. The veteran center heard boos for his entire career with the Anaheim Ducks whenever they traveled to Vancouver after forcing his way out of the Canucks organization in 2014, but is not expected to ever play again after debilitating hip injuries and multiple surgeries. Eriksson still has three years remaining on his contract which carries a $6MM cap hit.

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