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Erik Karlsson

Snapshots: Karlsson, Perreault, Kadri

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The San Jose Sharks appear to be headed for a rebuild, after trading away franchise icon Brent Burns this summer, or at least a retool around some of their younger options. What that meant for Erik Karlsson, the 32-year-old defenseman with a long injury history and an $11.5MM cap hit wasn’t clear, until he spoke with Corey Masisak of The Athletic.

Karlsson was very clear that he won’t be seeking a trade out of San Jose explaining that he “committed” to the organization a long time ago. He has had some preliminary talks with Grier about the direction of the team but isn’t looking to abandon ship. Of course, while his no-movement clause allows him to decide things like that, it isn’t necessarily up to Karlsson in this case. There aren’t many teams who would be able to afford his deal even if San Jose retained part of it, especially because it still has five years left on it.

  • Mathieu Perreault has retired and joined TVA Sports, according to a release they issued yesterday. While he hasn’t announced it personally, last season did seem like a farewell for the 34-year-old, who played 25 games for the Montreal Canadiens an experience that he called a “childhood dream.” Selected in the sixth round of the 2006 draft, Perreault managed to work his way through the minor leagues and put together an NHL career that spanned more than 700 games. His best season came in 2016-17 with the Winnipeg Jets, when he finished with 45 points (in just 65 games).
  • Now that Nazem Kadri has signed a lucrative, long-term deal, he’s decided to give back to the place that raised him. The veteran forward has made a $1MM donation to the London Health Sciences Centre, establishing the Nazem Kadri Surgical Centre. Kadri signed a seven-year, $49MM contract with the Calgary Flames last month.

Latest On Timo Meier

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There are few players as important to the San Jose Sharks as Timo Meier. The Swiss forward led the Sharks in scoring last year, setting career highs in goals (35), assists (41), and points (76). He’s a spectacular scoring winger without many weak spots in his game, and he would be expected to lead the Sharks into their next period of contention alongside Tomas Hertl.

But speaking today at the NHL’s European Player Media Tour, Meier said he’s had no discussions yet on a contract extension with the Sharks, aside from an introductory phone call with new general manager Mike Grier on July 5. Meier is entering the final season of a four-year, $24MM contract signed in 2019.

He will again be a restricted free agent with arbitration rights next summer, meaning he’s due a qualifying offer. Meier’s actual salary in 2022-23 is $10MM, which should raise some eyebrows about the value of that qualifying offer, and rightfully so. But a change to the qualifying offer rules in the 2020 Collective Bargaining Agreement extension means that Meier can’t receive a qualifying offer greater than 120% of his previous deal’s cap hit, meaning he’s only owned a one-year, $7.2MM deal as compared to a one-year, $10MM deal from the Sharks.

Financially, for Meier, this is the most important season of his NHL career. At 26 years old next summer, he’ll undoubtedly sign a long-term deal that should take him well into his 30s, whether it’s with the Sharks or someone else. If his production takes a step back next season, though, the Sharks may very well want to settle for a one-year contract awarded through arbitration.

The Sharks, in any event, will likely need to make a cap-clearing move next summer as they turn the corner back toward competitiveness. The anchor contracts of Logan Couture ($8MM), Erik Karlsson ($11.5MM), and Marc-Edouard Vlasic ($7MM) don’t expire until 2026 and 2027, so relief from those deals won’t come for quite a while.

San Jose Sharks Linked To Spencer Carbery

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The San Jose Sharks are late to the head coaching search party. After firing Bob Boughner and his staff later into the offseason, most marquee coaching options are off the market, leaving the Sharks to get creative with their search. According to San Jose Hockey Now’s Sheng Peng, multiple sources confirmed to him that the team has interviewed Spencer Carbery for the open position.

Carbery spent 2021-22 as an assistant coach with the Toronto Maple Leafs and was responsible for the team’s power play, which finished first in the league during the regular season. 40 years old, Carbery was named the AHL’s Coach of the Year in 2021, his last of three seasons as the head coach of the Hershey Bears. He also won the same award in the ECHL in 2014 during a five-year run as head coach of the South Carolina Stingrays. You might recognize them for being the team where Stanley Cup Champion coach Jared Bednar got his head coaching start.

Carbery would certainly help San Jose’s goal output if his time in Toronto is any indication. San Jose’s power play clocked in at 19% last season, 22nd in the NHL, while they scored just 211 goals in total, which was third-last. He could be the key to an offensive resurgence from players like Erik Karlsson and help get the most out of youngsters like William Eklund and Thomas Bordeleau if they make the team.

Latest On Patrick Kane

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With the Chicago Blackhawks deciding to rebuild halfway through their previous rebuild, speculation has run rampant about all-time great Patrick Kane’s future with the team. If dealt, he’d be one of the best players and biggest names traded in the past few seasons, joining blockbuster deals like the Jack Eichel and Erik Karlsson trades. However, TSN’s Darren Dreger today pumped the brakes on trade rumors, saying that Kane’s camp “remains undecided” and that any rumors at this point are purely speculative.

At 33 years old, Kane still has 100-point potential while logging heavy minutes. He hasn’t hit that mark since posting 110 points in 2018-19, but he’s stayed well above a point-per-game pace since then on a continually struggling Blackhawks squad. One of the most decorated American-born players of all time, his playing ability still remains very close to his prime.

It’s because of that fact that a potential trade seems so realistic to fans around the league. It would’ve seemed a guarantee just a few seasons ago that Kane would remain a Blackhawk for life, but as the team failed to rebuild quickly (or properly in the slightest) and management changed hands drastically, no one would blame him for not wanting to waste the last few seasons of his peak on a sinking ship.

With or without Kane, Chicago figures to be a bottom-five team next year with little doubt. Trading him could, however, end up being the difference between a top-five selection and the 2023 first overall selection, which would land them a potentially generational center in Connor Bedard.

Just one season away from unrestricted free agency, it could make a lot of sense for Chicago to deal him ahead of the season too. While they might not get as high of a return without an extension in place for Kane with his new team, it could open the door for him to return to the team in 2023-24 to potentially usher Bedard into the league if they do land the top pick.

Regardless, Kane’s choice will be an important one to watch as the offseason progresses. He’ll still command a fair bit of salary cap space even if Chicago does retain salary, unless the acquiring team wishes to pay a third team extra assets in order to retain additional salary.

Photo courtesy of USA Today Sports Images

Latest On Sharks’ Offseason Plans

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The San Jose Sharks announced a pair of extensions today, locking up Alexander Barabanov and Jaycob Megna for the next two years. Those deals were necessary for two players who have found a home in San Jose but certainly not the headline-making news that fans are hoping for, now that the team is going to be under new management.

Long-time general manager Doug Wilson has stepped down, leaving the Sharks with Joe Will as interim manager until a more permanent solution is found. When that new solution is found, however, there will be some huge questions to be answered in terms of the direction of the team. After an almost unprecedented era of regular season success, that saw the Sharks qualify for the postseason in 19 of 21 seasons, they’ve missed the playoffs in each of the last three and now face some difficult decisions.

The biggest among those: what to do with an aging, expensive defense corps?

The Sharks have $26.5MM in cap hits tied up in three defensemen that will all be at least 32 at the end of this month. Erik Karlsson, the youngest of the three, carries an $11.5MM cap hit through 2026-27. Marc-Edouard Vlasic, 35, is signed at a $7MM cap hit through 2025-26. And then there is franchise legend Brent Burns, who despite turning 37 a few months ago, is still carrying an $8MM cap hit through 2024-25.

It is Burns’ future that is perhaps the most intriguing. Karlsson and Vlasic each have full no-movement clauses, blocking any potential trade unless they approve it but Burns will have to submit a new list on July 1, one which would allow the Sharks to trade him to three teams without getting his approval again. While that obviously doesn’t give them much wiggle room, Burns’ front-loaded contract, shorter term, and still strong play have at least sparked some speculation. On today’s 32 Thoughts podcast, Elliotte Friedman of Sportsnet explained:

I believe they had some trade talks with a couple of teams on Karlsson this year. However, I don’t think that has gone anywhere, and I’m told it’s not that likely, because it’s just a big contract. Burns has three years left, the contract in terms of actual salary goes down, and he’s still a heck of a player. 

I just think that everybody recognizes here that there is the possibility this might be one of the ways that the Sharks try to break up their logjam, as long as they get what they want. I was told specifically by one of the teams that they are not giving Burns away. That is just not happening. There is a package they want and they are going to demand it. 

Though the contract carries an average annual value of $8MM, Burns is owed just $16.5MM over the last three years of the deal, $3.5MM of which will be due in signing bonuses next season.

Despite his age, Burns has continued to be a huge factor for the Sharks on the ice. He averaged more than 26 minutes a night this season, played in all 82 games, and racked up another 54 points. Though some may think of the veteran defenseman as an offense-only player, he actually logged nearly three minutes a night on the penalty kill this year, while recording a career-high 150 blocked shots. That level of play is obviously still valuable, but there is so much risk in having nearly a third of the salary cap tied up in those three aging defensemen.

One can see exactly why by dissecting the play of Vlasic, who has taken several steps back in recent years. Once one of the most feared shutdown defenders in the entire league, his playing time was slashed dramatically this season, to the point where he was averaging just over 15 minutes a night when he was in the lineup. A buyout is one way out for the Sharks but if they went that direction this offseason, they’d be carrying a substantial cap hit through 2029-30. Friedman and co-host Jeff Marek both agree that while a buyout did seem like a possibility, Will spoke as though Vlasic would be coming back at the team’s end-of-year media availability.

An interesting wrinkle in all of this is the situation surrounding Mario Ferraro, arguably the team’s most valuable defenseman behind Burns. The 23-year-old is a restricted free agent this offseason and could be in line for a hefty raise, if the team wanted to sign him long-term. As it stands that doesn’t really even seem possible with so much money tied up elsewhere, meaning the team could have to go short-term and try again later; Ferraro does not have arbitration rights this offseason and would theoretically have to sign his qualifying offer if the team wanted to squeeze him (or an offer sheet elsewhere).

Photo courtesy of USA Today Sports Images

Snapshots: Scheifele, Sharks, Kuzmenko

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Despite some ominous comments earlier in the week, it turns out that Winnipeg Jets star Mark Scheifele did not request a trade in his exit interview with GM Kevin Cheveldayoff, reports Sportsnet’s Elliotte Friedman. Schiefele had expressed concern over the direction of the team after the Jets missed the playoffs this season, which raised some eyebrows in the media and across the league. Scheifele is signed through the next two seasons, so if he was unhappy enough with the situation, he would have had to request a trade, which likely would have occurred during his exit interview this week. Instead, the situation remains status quo in Winnipeg, at least for now. If the Jets, who have a lot of money tied up in long-term contracts, cannot find a way to improve the roster within their salary cap restrictions early this offseason, Scheifele’s position could change. The 29-year-old center has the ability and the contract to draw immense interest if he does hit the trade block this summer.

  • Friedman notes that another team who could be in the star trading business this offseason are the San Jose Sharks. The Sharks reportedly held preliminary trade discussions with multiple teams this season regarding Erik Karlsson, and those talks could continue over the summer. The Sharks need to first name a new general manager, for which a search is ongoing, but the expectation is that whoever the team hires will be directed to retool rather than rebuild. In order to get more competitive sooner rather than later, the Sharks need to add more high-end depth to their lineup and need more cap space to do so. Moving all or even part of Karlsson’s five remaining years at $11.5MM would help immensely and the trade return wouldn’t hurt either. However, is it realistic to expect the Sharks to find a team both willing and able to add Karlsson? Friedman suggests that Brent Burns, who has three years remaining at $8MM, might be easier to move and would still accomplish the task of redistributing a mass amount of cap space from the right side of the blue line to be used elsewhere in the lineup. The Sharks are also expected to evaluate their options with Marc-Edouard Vlasic this offseason, whose remaining four years at $7MM could prove impossible to move but could be bought out instead.
  • While the Jets and the Sharks will be looking for outside-the-box ways to improve this summer, neither team appears to be in the race for KHL free agent Andrei Kuzmenko. Friedman lists the Carolina Hurricanes, Edmonton Oilers, Nashville Predators, Vancouver Canucks, and Vegas Golden Knights as the finalists for the Russian winger’s services. Kuzmenko, 26, initially drew interest from at least 20 NHL teams, but now that his KHL contract has expired as of May 1 and he has begun actual negotiations, the list has been trimmed considerably. Kuzmenko is coming off of a career year in the KHL, recording 20 goals and 53 points in 45 games for SKA St. Petersburg, plus another 14 points in 16 playoff games. While he would be brand new to the NHL and his international experience is somewhat limited as well, Kuzmenko could be an affordable impact forward right away next season.

Sharks Notes: Meier, Couture, Hill, Karlsson

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Recently, Corey Masisak of The Athletic had a chance to sit down with many of the San Jose Sharks players to tie up loose ends on their status heading into yet another offseason without a playoff berth for the Sharks. In talking to Masisak, forward Timo Meier said that he hasn’t thought about a contract extension yet, but that it was something he would think about over the summer (link). For now, Meier says, his primary focus is on the upcoming World Championships, where he will represent Switzerland. The Sharks’ star has one more year remaining on a four-year, $24MM contract, which will leave him as a RFA heading into the 2023 offseason.

Meier signed his last contract after a stellar 30 goal, 36 assist, and 78 game campaign in 2018-19, the last of his entry-level contract. After that, Meier failed to reach the same level of production until this year, when the forward had 35 goals and 41 assists in 77 games. With the bounce-back, Meier could expect not only to receive a similar AAV on his next contract, but could even be due a raise. If he chooses to hold-off on an extension, and can continue the production into next season, he would surely be due a significant raise. One notable question heading into these negotiations will be whether Meier chooses to pursue a bridge deal that will take him straight into UFA status, or if he would prefer a long-term extension at or close to the eight-year maximum.

  • Forward Logan Couture says he does not plan to play at the World Championships in order to rest (link). Further, the Sharks’ captain said he is not entertaining any offers to play elsewhere and has not made that request himself, and in fact, he would prefer to finish his career with the Sharks. While his team has fallen on tough times and has entered a mini-rebuild, Couture’s career might seem to mirror one of down-state rival Dustin Brown, who saw plenty of success with the Kings early in his career, then endured a rebuild with the Kings, and has now announced his retirement following this season, but not before seeing his team through their first playoff series since 2017-18. Couture, who just turned 33, has had a storied run with San Jose and could very well prefer to see things through with the organization, with hopes of leading the team to a Stanley Cup down the road. Either way, Couture is signed for $8MM per season through 2026-27 with a modified no-trade clause.
  • Goaltender Adin Hill, who dealt with injuries this season, does not expect to need surgery on his lingering lower-body injury (link). Instead, Hill said, the plan is to rest and rehab the injury to resolve it, and he expects to be ready for training camp. The goaltender was originally injured in a January 22nd loss to the Tampa Bay Lightning, but came back on March 12th, where he appeared to re-aggravate the injury, and has not played since. Hill did manage a strong season when healthy though, recording a .906 save-percentage and 2.66 goals-against average in 25 games.
  • Defenseman Erik Karlsson declined to share what exactly the injury was that has kept him out of the lineup the final two weeks of the season, but did make clear that the injury was relatively minor and mentioned that had the Sharks been in contention, it may have even been something he would play through (link). The veteran has struggled with injury this season, missing nearly two months between January and March and last playing on April 14th. In other positive news regarding the injury, Karlsson did say he was unsure if he would be playing in the World Championships, however the fact that he is considering it in some capacity also goes to show the relative scope of the injury. In 50 games this season, the 31-year-old had 10 goals and 25 assists.

Injury Notes: Vrana, Blueger, Karlsson

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The Detroit Red Wings have officially activated Jakub Vrana from injured reserve, and expect him to play in tonight’s game against the Arizona Coyotes. Vrana has yet to play this season after undergoing shoulder surgery in late September, a procedure that has kept him out much longer than the initial four-month timeline. Vrana lit Detroit on fire last season after coming over from the Washington Capitals, scoring eight times in 11 games including a four-goal effort in his fourth appearance. He’ll try to continue that success now that he’s back, though it certainly may take him some time to get up to speed.

Interestingly enough, the Red Wings have actually moved Danny DeKeyser to injured reserve to make room. DeKeyser cleared waivers earlier today, which means he could have been assigned to the minor leagues. Instead, he’ll go to the injured list meaning he can stay with the team as he deals with whatever this new ailment is.

  • The Pittsburgh Penguins have their own forward returning, as they have activated Teddy Blueger from injured reserve. Blueger hasn’t played since he suffered a broken jaw in a January game against the Winnipeg Jets, but is expected to resume his spot as a checking-line center for the Penguins tonight. The 27-year-old was actually on track to blow by his career-highs in goals and points before the injury (and still likely will by the end of the season) after scoring eight goals and 17 points in his first 40 games. Blueger missed 16 games following his jaw surgery.
  • Erik Karlsson could be back this week as well, as San Jose Sharks head coach Bob Boughner told reporters including Curtis Pashelka of the Bay Area News Group that the veteran defenseman could suit up on Thursday. Karlsson was in the midst of a bounce-back season before undergoing forearm surgery in January and hasn’t played in nearly two months. In his first 33 games, the two-time Norris Trophy winner had 26 points, already eclipsing his total from the 2020-21 season.

Injury Updates: Perunovich, Kassian, Karlsson, Rowney

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Blues defenseman Scott Perunovich recently completed his five-game LTIR conditioning assignment with AHL Springfield where he had a goal and an assist.  However, as Jeremy Rutherford of The Athletic points out (Twitter link), the 23-year-old remains on LTIR and head coach Craig Berube indicated that Perunovich is still being evaluated.  It’s unclear if this is a flare-up of his upper-body injury or something else entirely but it appears as if St. Louis will be without the young defenseman for a while yet. His continued presence on LTIR will make it that much harder for them to bank any cap space in an effort to give themselves any sort of wiggle room to try to add before the upcoming trade deadline.

More injury news from around the NHL:

  • The Edmonton Oilers had Zack Kassian back on the ice today as he continues to recover from a broken jaw, according to Ryan Rishaug of TSN. The veteran forward hasn’t played since February 9, when he left a game against the Chicago Blackhawks after taking a puck to the face. Kassian was wearing a full cage to protect the injury and it is still not clear when he’ll actually be back in the Oilers’ lineup.
  • The Sharks are hoping to have defenseman Erik Karlsson back in the lineup on Thursday, relays Curtis Pashelka of The Mercury News. He has been out for the last six weeks with a shoulder injury that has been giving him trouble since the start of the season although it hasn’t held him back offensively as the 31-year-old has 26 points in 31 games.  Pashelka adds that blueliner Jaycob Megna could also return on Thursday.  The 29-year-old underwent surgery last month to repair a foot fracture, one that carried a recovery timeline of four-to-six weeks.  It appears he’ll be on the short end of that range.
  • Red Wings winger Carter Rowney left Friday’s game with what appeared to be a foot injury, notes Ted Kulfan of The Detroit News. He had just come back from a lower-body injury that cost him 17 games, scoring in two straight before last night.  Veteran penalty killing forwards are often something playoff teams look to add by the deadline but this injury may end any chance of Rowney being on the move by March 21st.

Sharks’ Mario Ferraro Out Six To Eight Weeks

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The San Jose Sharks have been dealt a major blow to their already dwindling playoff hopes. Promising young defenseman Mario Ferraro underwent surgery on Sunday to repair a fractured left fibula, the team announced. The timeline for recovery is six-to-eight weeks; with less than nine weeks remaining in the season and the Sharks outside the postseason picture, Ferraro will have limited if any impact over the remainder of the year.

The injury occurred on Saturday night as the Sharks faced off with the Boston Bruins. During a battle for the puck in his own end, Ferraro was the recipient of a somewhat questionable check from opposing forward Taylor Hall. Hall shoved Ferraro from behind and he slid into the end wall, with the impact causing immediate and apparent pain. Ferraro was helped off the ice – clearly injured – but a broken leg is one of the worst case scenarios for the team.

Ferraro, 23, has impressed since day one of his young NHL career, but was on pace for his best season to date. The UMass standout has been seeing increased ice time and was on pace for a career high in goals, points, hits, and takeaways, having already set a career mark in blocked shots. A budding top-pair defenseman, if not already there, Ferraro has been a critical part of San Jose’s success this season.

Even with Ferraro’s contributions thus far, the Sharks are just a .500 team. While they have remained at or above that mark all season, doing so moving forward will be a difficult task. Ferraro will join Erik Karlsson, Nikolai Knyzhov, and Jaycob Megna on the injured reserve while Nicolas Meloche also remains sidelined, leaving San Jose with a severely depleted blue line. Nine points behind the Dallas Stars for the final playoff spot in the West and with four other teams between them in the wild card race, the Sharks’ postseason hopes now look like a long shot, especially if Ferraro misses the maximum eight weeks.

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