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Gustav Nyquist

Gustav Nyquist Signs With Columbus Blue Jackets

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The Columbus Blue Jackets may have lost Artemi Panarin and Matt Duchene, but they’ve added one of the other top free agent forwards. Gustav Nyquist has signed a four-year deal with the Blue Jackets that will carry a $5.5MM average annual value according to Bob McKenzie of TSN.

The 29-year-old winger has been a solid producer over the years as he has two straight 20-goal seasons, although his best two years were much earlier in his career when he tallied 55 goals over two seasons with Detroit between 2013 and 2015. Knowing they weren’t likely going to bring the veteran back, the Red Wings traded him to San Jose for a 2019 second-round pick and Nyquist proved to be instrumental in assisting the Sharks throughout the rest of the regular season and the playoffs. In 19 regular season, he scored six goals and 11 points and while he scored just one goal in 20 playoff games, he did set up a number of his teammates as he wracked up 10 assists.

In Columbus, Nyquist should fill a key role in the team’s top-six that not just lost Duchene and Panarin, but also is expected to part ways with Ryan Dzingel, who many believed would stay with the Blue Jackets. His presence should fill that gap and also give Columbus a solid second-line winger, who could eventually slide back into a third-line role as he gets older and a number of the team’s young prospects are ready to step into greater roles.

Vancouver “Still In The Mix” For Gustav Nyquist

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The Vancouver Canucks have had quite the interesting offseason so far, highlighted by the retirement of Roberto Luongo placing more than $3MM of cap recapture penalties on their books. To combat that the team placed will buy out Ryan Spooner to open up some more cap space for potential free agent signings and new contracts for their own RFAs. While Vancouver has been routinely linked to free agent defenseman Tyler Myers, Rick Dhaliwal of Sportsnet reports that the team is currently “still in the mix” for Gustav Nyquist as well.

Nyquist, 29, was acquired by the San Jose Sharks at the deadline and fit in quite well with them, scoring 22 points in 39 games including a solid postseason. Even with the good fit he may end up being too pricey for the team to retain after they made Erik Karlsson the highest-paid defenseman in the league and need to get Timo Meier under a new deal. That opens him up for a bidding war on the open market as one of the top second-tier free agent forwards, something Vancouver is obviously interested in.

Coming off a four-year $19MM deal signed with the Detroit Red Wings in 2015, Nyquist is undoubtedly looking for a raise on the $4.75MM cap hit he carried last season. After recording a career-high 60 points his market won’t be small, and there has been plenty of speculation on where that might lead him. Elliotte Friedman of Sportsnet suggested recently that the Columbus Blue Jackets may be a fit, which would make sense given Aaron Portzline of The Athletic’s reporting (subscription required) that they have been focused on free agent forwards.

If Vancouver does get involved with Nyquist, they’re going to have to make sure they don’t overextend themselves while Brock Boeser is still without a contract. The 22-year old forward should be getting a healthy raise on whatever deal he signs, and is much more important to the team’s future than a free agent forward who will be 30 before the season begins.

Joonas Donskoi Drawing Interest

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The San Jose Sharks won’t be able to afford new contracts for all of their pending free agents, so names like Joonas Donskoi are going to have to scour the market for a new opportunity. That isn’t going to be very difficult, as Pierre LeBrun of The Athletic (subscription required) reports that nearly have the league has already “kicked the tires” on Donskoi, and lists the Edmonton Oilers, Colorado Avalanche and Buffalo Sabres as teams with real interest.

The 27-year old winger has scored 14 goals in each of the last two seasons and reached a new career-high with 37 points in the 2018-19 campaign. That was despite averaging just over 13 minutes a night, making him quite an efficient scorer in the lower half of the Sharks’ lineup. It comes as no surprise then that teams are interested in bringing him aboard, hoping they can coax even more production out.

It is important to note that unlike many depth wingers, Donskoi has virtually no experience on the penalty kill and thus would need to be able to contribute enough offensively to warrant whatever deal he eventually earns. Though he’s not useless defensively and isn’t completely against physical play, those are certainly not his calling cards.

Edmonton, as LeBrun points out, is checking the market on basically every free agent winger including Donskoi’s teammate Gustav Nyquist, who is also drawing interest but hasn’t ruled out a return to San Jose. The Oilers are in desperate need of help this season to try and avoid missing the playoffs again, and will look to add some skill to Connor McDavid and Leon Draisaitl on the open market.

Free Agent Notes: Salary Cap, Marner, Gusev, Duchene, Dillon

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With rumors of the 2019-20 salary cap possibly being lower than the $83MM that teams initially expected, TSN’s Pierre LeBrun reports that an NHLPA spokesperson told him that there should be an announcement on the salary cap this evening.

With talks that the salary cap could be as low as $81.5MM, LeBrun writes that the NHLPA is taking their time to weigh that number. That number is expected to have a significant effect on teams, especially on those that are tight to the cap as that leaves them even less room to work with and could force teams to dump salaries even more than ever.

  • LeBrun also tweets that the agent for Toronto Maple Leafs winger Mitch Marner, Darren Ferris, is expecting to hear from other teams on Wednesday, the day the RFA speaking period begins. With plenty of talks of high demands and a suggested willingness to sign an offer sheet, Toronto Maple Leafs general manager Kyle Dubas has his hands full. Dubas and Ferris did not meet this week in Vancouver and Ferris is expected to leave the draft for home, although there is plenty of time for both Dubas and Ferris to meet next week.
  • While many fans of the Vegas Golden Knights have been looking forward to seeing KHL star forward Nikita Gusev play this season, TSN’s Darren Dreger suggests that the restricted free-agent may not end up getting the chance. With plenty of cap concerns, Vegas may not have enough money to sign the 26-year-old winger, and the Golden Knights may opt to trade him to relieve some of those cap issues. Dreger adds that multiple teams have inquired about Gusev, who currently would be penciled in on their third line and could be expendable for the right price. Gusev signed a one-year deal, $925K in April of this year, but he didn’t appear in a game for the Golden Knights. He won the KHL MVP award in 2018 and has scored 63 goals in the last three season for SKA St. Petersburg.
  • The Athletic’s Craig Custance reports that he has heard there won’t be any deal between the Columbus Blue Jackets and unrestricted free agent center Matt Duchene before the speaking period opens on Sunday. While that isn’t a major surprise, of all the Blue Jackets’ big-named free agents, Duchene was their best hope to re-signing. However, especially after the recent P.K. Subban deal, it is believed that Nashville has become the front-runner for Duchene’s services.
  • Bruce Garrioch of the Ottawa Sun reports that the San Jose Sharks would be open to moving defenseman Brendan Dillon for the right price. Dillon, who is currently slated to play on the top defensive pairing next to Brent Burns is making $3.27MM, but with significant cap issues coming this offseason, the team could use the extra cap room to try and make sure it can sign all of its top free agents, including restricted free agent Timo Meier, as well as unrestricted free agents Joe Pavelski, Joe Thornton, Joonas Donskoi and Gustav Nyquist, although the latter two are less likely to return.

Erik Karlsson Re-Signs With San Jose Sharks

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UPDATE: The Sharks have now officially announced the Karlsson extension and it is worth even more than previously believed. Karlsson is set to make $11.5MM on average over an eight-year term for a total of $92MM, according to CapFriendly. That includes $53MM in signing bonuses, largely front loaded in the early years for potential lockout protection, as well as in the final two years to dissuade a buyout. The contract also includes a full No-Movement Clause. There is little doubt remaining that San Jose is all in on Karlsson given these terms, which make Karlsson the highest paid defenseman in NHL history and behind only Connor McDavid and Auston Matthews overall. The Sharks simply have to hope that he can get back to full health and remain that way as long as possible, while those teams that missed out on a chance to court him this summer have to hope that the somewhat underwhelming replacement options don’t drastically increase their asking price.

 

It’s been an ongoing narrative early this off-season that the San Jose Sharks were willing to do whatever it takes to re-sign Erik Karlsson, after the all-world defenseman played well – when healthy – in his first season with the team. Karlsson is considered not just the top defenseman on the free agent market, but arguably the biggest name overall, and that’s taking into account his injury concerns. Few defensemen in the NHL can do what a healthy Karlsson can offensively and the 29-year-old was set to cash in on the open market. Yet, it seems that GM Doug Wilson and the Sharks have convinced Karlsson that he doesn’t need to test the waters to find a considerable contract and a winning team. TSN insider Bob McKenzie reports that “all signs are pointing” to Karlsson returning to San Jose and colleague Pierre LeBrun follows it up by stating that “a deal is indeed done.”

McKenzie is hardly the first to report that extension talks were getting close between the two sides, but when the respected hockey mind makes a pronouncement like this, it generally carries significant weight. LeBrun thus checked in himself and found previous reports that the two sides were talking about a contract in the neighborhood of Drew Doughty’s eight-year, $88MM contract to be true. LeBrun believes that is will be an eight-year deal worth more than Doughty’s $11MM AAV. This would make Karlsson’s cap hit the third-largest in NHL history.

Unless his negotiating rights were to be traded prior to July 1st, the Sharks were always going to be the only team that could offer Karlsson that valuable eight year. However, it is likely their willingness to move into the double-digit AAV realm that pushed negotiations closer to a resolution. Especially in a season in which Karlsson missed 29 games due to injury, there was plenty of speculation that his value would take a hit on the free agent market, resulting in lesser term or at least a lower dollar value over a long-term deal. Instead, the Sharks seemingly plan to keep Karlsson in town by offering him the same contract he likely would have landed prior to this past season and hope that recent groin surgery solves the nagging soft tissue damage that cost the superstar blue liner so much time this season.

Assuming this extension becomes official shortly, it will have wide-ranging effects. San Jose cannot afford to re-sign Karlsson to this contract and also re-up restricted free agents Timo Meier and Kevin Labanc without making some sacrifices. Priority unrestricted free agents like Joe Pavelski, Joe Thornton, Gustav Nyquist, and Joonas Donskoi cannot all return if any can. Signing even one of those players may force the Sharks to move out other salary from the roster. Additionally, per the terms of the original Karlsson trade, San Jose will also surrender a 2021 second-round pick to the Ottawa Senators in exchange for extending their acquisition. As for the rest of the free agent market, one of the top names is now off the board. The demand and thus the price for the next tier of defensemen – Jake Gardiner and Tyler Myers – just went up, as did the cost of bringing in a big name like Artemi Panarin or Matt Duchene after both Karlsson and Jeff Skinner received larger contracts than expected.

The greater story here though is that the Sharks’ Stanley Cup window, which some saw as closing if Karlsson, Pavelski, and Thornton were all to leave, has now been extended with the re-signing of one of the game’s best defensemen, so long as he can stay healthy. With Karlsson, Brent Burns, and Marc-Edouard Vlasic together on the blue line for at least six more years and core forwards like Logan Couture, Evander Kane, Tomas Hertl, and soon Meier locked up, the team has strength at both ends and will continue to be a top competitor year in and year out.

 

Financial Flexibility Key To Sharks’ Offseason

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The San Jose Sharks went all-in this season. A team that was already strong enough to compete for the Stanley Cup decided to go out and acquire Erik Karlsson before the start of the season, sending a huge package of assets to the Ottawa Senators in exchange for the star defenseman. That came just a few months after the team had snatched Evander Kane at the 2018 trade deadline, which had already cost them a fair amount of draft capital. As if that wasn’t enough, they then went out at this year’s deadline and acquired Gustav Nyquist for another set of picks, leaving them with just one selection in the first four rounds this year and without their first and third picks next season.

That kind of shopping spree usually leaves a team with plenty of regret if they don’t end up winning it all. The Sharks, if you weren’t paying attention, didn’t win it all.

Still, as San Jose head into the offseason after another disappointing playoff loss, there is still hope. Despite having a relatively bare cupboard of draft picks, and three players on the roster making more than $8MM per season despite being on the wrong side of thirty, the Sharks have an incredible amount of flexibility this summer. That’s thanks to a whopping seven players reaching unrestricted free agency, allowing the team to pick and choose who they bring back and for how much.

Obviously, watching Karlsson walk after one year—or Nyquist after a few months—would be frustrating for the Sharks. The same could be said about long-time leaders in Joe Pavelski and Joe Thornton, both of whom are also set to become unrestricted free agents. But within that potential frustration is also an opportunity, one which could result in the Sharks being just as competitive again next season, albeit with a different cast of characters.

Specifically, Karlsson and Nyquist come with more than just a monetary price tag. Both players will cost the team a second round pick if they re-sign, to Ottawa or Detroit respectively, as part of the conditions of their trades. That may end up being a deciding factor if GM Doug Wilson doesn’t want to lose any more of his already rare picks. Pavelski and Thornton meanwhile come with age and injury concerns, given how their last few seasons have gone. Both—and perhaps especially Pavelski—are still effective, but Wilson may have to make the hard decision of letting franchise icons leave, as he did with Patrick Marleau two years ago, if they demand too much money.

It’s that money question that is what makes this summer so interesting for the Sharks. CapFriendly currently projects San Jose to have nearly $25MM in cap space for next season, thanks to just 14 players in the entire organization with one-way contracts. Obviously the team will need to sign several players to fill their ranks, but they aren’t forced into anything at the moment. The next wave of on-ice leaders for the Sharks is  going to include players like Kevin Labanc and Timo Meier, but both are restricted free agents who can either be signed long-term or short depending on the rest of the offseason. Neither one has arbitration rights, meaning the team can take negotiations slow if they choose.

Like last offseason, when the Sharks made a pitch to top free agent John Tavares, Wilson can see what the prices are on some of the other top names before backing himself into a corner. Thornton has already said that he would only come back to play for San Jose, while it would be hard to see Pavelski running into the arms of another team without giving the Sharks every chance to match whatever offers come in.

There’s nothing good about having such a small selection of draft picks, but the Sharks have done so well over the last few years—Labanc, for instance is a sixth-round pick from 2014 who looks like he may be a 70-point scorer one day—they have enough built into the system to overcome this short lull. It’s free agency that will be really interesting for a team that can’t seem to get over the hump, and they have more than enough financial ammunition to make it a show.

Photo courtesy of USA Today Sports Images

Free Agent Focus: San Jose Sharks

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Free agency is now less than a month away from opening up and there are quite a few prominent players set to hit the open market while many teams have key restricted free agents to re-sign.  San Jose should have one of the busiest off-seasons, as the team has multiple key free agents to sign or otherwise may have a completely new look next season.

Key Restricted Free Agents: F Timo Meier – With so many questions concerning their unrestricted free agents this off-season, it might be easy to forget that the team must also find a new contract from one of their young stars and Meier should get quite the pay raise this year after making just $894K last season. Meier repaid the Sharks with his best season yet, scoring a career-high 30 goals and 66 points. He also posted 15 points in 20 playoff games. With the money that many restricted free agents have been getting over the past couple of years, Meier could be in for a giant payday, regardless of whether he signs a bridge deal or the team locks him up long-term.

F Kevin Labanc – It took quite a while for Labanc to work his way into San Jose’s veteran-laden lineup, but he has done quite a good job on the team’s third line and could be headed for a even larger role depending on how the off-season shakes out for the Sharks. Like Meier, Labanc has had season highs in both goals (17) and points (56) and would be a likely candidate to take a bridge deal in order to prove whether he can take his game up to another level and become a top-six option for them.

Other RFAs: D Michael Brodzinski, F Rourke Chartier, D Nick DeSimone, D Cody Donaghey, D Cavan Fitzgerald, F Dylan Gambrell, F Maxim Letunov, F Jonathon Martin, F Francis Perron, D Joakim Ryan, F Alex Schoenborn, F Antti Suomela, D Kyle Wood.

Key Unrestricted Free Agents: D Erik Karlsson – Many people expected the Sharks to lock up Karlsson to a long-term deal at the trade deadline, but when that didn’t happen, there were many questions about whether he was willing to sign a deal with the Sharks at all, as well as many people who wondered whether Karlsson was worth a long-term deal considering his injury history. After all, the 29-year-old missed most of the second half of the season with a groin injury and even when he returned for the playoffs, he wasn’t fully healthy as he had trouble keeping up with the quicker opposing forwards. It looks more like Karlsson intends to test the open market and head to a team he would like to play for long-term or take the best offer that he can get. Will it be San Jose though?

F Joe Pavelski – The 34-year-old captain has been a key figure for the Sharks throughout his career, but so far there have been few talks of giving the veteran a new deal. While it’s hard to picture Pavelski heading elsewhere, the Sharks must factor in what a new contract for the soon-to-be 35-year-old would look like for the rest of their cap structure. Pavelski is coming off a unique 38-goal season, a number that he is unlikely to equal again, and with the difficulty of long-term deals for 35+ players, the team will likely want to avoid a multi-year deal that has a large AAV attached to it, meaning the club will have to hope that Pavelski isn’t going to be asking too much.

F – Joe Thornton – It’s unlikely the team is worried about money when it comes to Thornton, as the team will bring him back on a one-year deal at a reasonable cost (he signed for one year and $5MM last offseason). However, the real question is whether Thornton is ready to call it quits. Thornton will turn 40 in July and didn’t make it clear during locker clean-out day that he will definitely return next season. He wants time to think about it.

Other UFAs: F Tim Clifton, F Joonas Donskoi, F Micheal Haley, D Tim Heed, F Gustav Nyquist.

Projected Cap Space: With a little over $58MM committed to 15 players for next season per CapFriendly, the Sharks should have some cap room to work with despite a number of high profile free agents this off-season. The team must try to bring back Karlsson and Pavelski, while trying to get reasonable deals in place for Meier and Labanc. While they may have to wait for a Thornton decision, they do have other important free agents they must consider for a deal as well, such as Donskoi and Nyquist. If all of these impending free agents are interested in a return, San Jose may be forced to move someone else with cap space at a premium. Regardless, the team may have to rely even more on younger players to fill holes in the bottom of their lineup next season.

Photo courtesy of USA Today Sports Images.

Pacific Notes: Nyquist, Engelland, Edmonton Assistants

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Sharks winger Gustav Nyquist was believed to be seeking an extension worth roughly $5MM per year prior to his trade just before the deadline, reports Curtis Pashelka of the Mercury News.  That’s pretty much on par with the AAV on his existing deal which checked in at $4.75MM.  After a bit of a down season in 2017-18, the 29-year-old responded with a career year offensively with 60 points between San Jose and Detroit.  Given that he’ll be one of the better wingers available on the open market, there’s a good chance that he’ll eclipse that reported asking price, one that likely factored in a bit of a discount if he was going to remain with the Red Wings.

More from the Pacific:

  • At the age of 37, Golden Knights defenseman Deryk Engelland has no plans on retiring just yet. In an interview with ESPN Radio 1100 (audio link), the blueliner stated that he’s hopeful of playing for at least a couple more seasons but acknowledged he’ll probably go year-to-year on his contracts moving forward.  Engelland has averaged a little over 20 minutes a game over his two seasons with Vegas while bringing some grit to their back end as well.  He indicated that his preference is to remain with them for 2019-20 but given their salary cap issues, he may have to take a cut on the $1.5MM he made this past season.
  • While the Oilers have still yet to officially name their new bench boss, it appears changes are coming to their group of assistants. Postmedia’s Kurt Leavins reports that assistant coach Trent Yawney is expected to join the Kings where Edmonton’s former head coach Todd McLellan has taken over.  He adds that assistants Glen Gulutzan and Manny Viveiros aren’t likely to be back in their current roles while Jim Playfair and Mark Lamb could be candidates to take over for those two.  Dave Tippett is widely expected to be named head coach but the move has not been made official just yet.

Islanders Re-Sign Brock Nelson To Six-Year Extension

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The New York Islanders had four key players approaching unrestricted free agency this off-season, but they have cut that number down to three. The Islanders have announced that they have signed center Brock Nelson to a long-term contract extension. The new deal is six years at $6MM per season for Nelson, who becomes both the highest-paid and longest-signed player on New York’s roster (for now). The full deal breaks down as follows:

  • 2019-20: $8.0MM + full no-trade
  • 2020-21: $5.2MM + full no-trade
  • 2021-22: $8.0MM + partial no-trade
  • 2022-23: $5.2MM + partial no-trade
  • 2023-24: $5.6MM + partial no-trade
  • 2024-25: $4.0MM + partial no-trade

Nelson, 27, bet on himself last summer by signing a one-year, $4.25MM extension with the Islanders in hopes that a breakout season would earn him the long-term, high-paying deal he was seeking. That gamble worked out perfectly, as Nelson enjoyed the best season of his career and had been set to hit the market as likely the third-best center and a top-15 or so free agent. The Islanders knew they had to pay, perhaps even slightly over market value, to keep Nelson and did just that. The six-year term is less of a concern, as Nelson will be just 33 when the contract expires.

New head coach Barry Trotz took an immediate liking to Nelson this season, giving him more than three minutes of extra ice time per night compared to last year, as well as an increased role on special teams. Nelson responded with a career-high 53 points this season and finished third on the Islanders in scoring. He was also New York’s best five-on-five forward, leading the team in even strength goals and points. The team clearly trusts Nelson to continue playing a well-rounded game and growing his offensive ability.

As the first major UFA forward to sign a long-term extension this off-season, Nelson sets the bar for not only his fellow Islanders teammates but for the market as a whole. After signing Nelson, the Islanders still have over $29.2MM in cap space per CapFriendly. The team still hopes to sign forwards Anders Lee and Jordan Eberle, as well as goaltender Robin Lehner. Although Nelson outscored Lee and Eberle this season, the unsigned duo are around the same age as Nelson but have more experience, more scoring history, and simply more talent. The 6×6 deal agreed to by Nelson is unlikely to do the trick for either Lee or Eberle, meaning signing both would chew up more than $12MM of the Islanders’ remaining cap space. It’s still very possible for them to sign all of their key free agents, but not as easy now that Nelson’s deal is in place. Elsewhere on the market, Nelson’s $6MM AAV will likely raise the price tag for the likes of Kevin Hayes, Ryan Dzingel, Gustav Nyquist, and Brett Connolly among others, as each are close in age and platform production to Nelson, albeit Hayes is the only center in the group. This is just the first of what are likely to be several big-name extensions prior to July 1st, but Nelson’s deal will certainly have ramifications in the current marketplace.

Avalanche To Be “Aggressive” With Top Free Agents

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Colorado Avalanche GM Joe Sakic is a fan of the upcoming free agent class. Speaking at the team’s final media availability of the season, Sakic said of the impending market that “It’s a pretty good class this year…We see positions of need, of what we’re looking to do. There’s a few guys that we’re gonna want to talk to if they become available. We’ll be more aggressive this year.” The Avalanche went out and added defenseman Ian Cole and forward Matt Calvert last summer, who are solid complementary players, but aren’t the major game-changers that can alter a franchise. After a surprising postseason run, Colorado now knows that their championship window is open and those game-changers appear to be exactly what Sakic has his sights set on this off-season to support his team’s pursuit of the Stanley Cup. And he’s also not willing just add anyone if he misses out on his top targets, adding “if it doesn’t work out with the players that we want to talk to we’re not just gonna go spend on anybody. We want the right players and the right fit.”

Fortunately for Sakic and the Avs, the team’s salary cap structure allows the GM to back up his comments as well. With Semyon Varlamov, Patrik Nemeth, and Derick Brassard – three players who contributed little to nothing this postseason – coming off the books, Colorado will shed more than $11MM. The team could opt to re-sign the likes of Colin Wilson, Gabriel Bourque, and Pavel Francouz, but none of that trio would likely take up much cap space. Right now, the team has an estimate of nearly $32MM in cap space entering the off-season. Some of that will need to be reserved for re-upping restricted free agents Alexander Kerfoot, J.T. Compher, Nikita Zadorov, and most of all Mikko Rantanen. However, it should still leave the Avs with at least double-digit cap space to explore the market with.

So which top free agents could the Avalanche pursue? You can cross off the tandem of Artemi Panarin and Sergei Bobrovsky for a number of reasons and it’s hard to imagine Matt Duchene returning to Denver. However, the team’s need for secondary scoring could lead Sakic to make pitches for many of the other elite forwards. Jeff Skinner, Joe Pavelski, and Anders Lee may not hit the market, but expect the Avs to be in the mix if they do. More ascertainable targets could be Ryan Dzingel, Jordan Eberle, Kevin Hayes, Gustav Nyquist, Marcus Johansson, and Mats Zuccarello, any of whom would provide an immediate boost to the team’s scoring depth. Adding two of those forwards would give the team a totally different look up front next season. Colorado may also have their eye on an established backup for Philipp Grubauer and could chase the likes of Mike Smith or Cam Talbot, among others. 

Given the talent already on the Colorado roster, an aggressive off-season plan should be an interesting topic to follow along with this summer. Sakic and company have seen what their team can do as an 8-seed in the playoffs and surely are imagining what might happen if they are instead a top seed. A division title and more is certainly in the realm of possibility next season if the Avalanche succeed in adding a couple of the aforementioned players.

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