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Kevin Fiala

Minnesota Wild Finally Have Salary Cap Certainty For 2021-22

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One of the offseason’s biggest stories has undoubtedly been the salary cap situation of the Minnesota Wild. General manager Bill Guerin was faced with an extremely tricky deck of cards this summer – the team’s three best forwards were all restricted free agents and needed new contracts. With a frozen salary cap and increasing market value, it was never going to be easy for the Wild to continue icing a contending team in 2021-22.

However, with Kevin Fiala inking a one-year $5.1MM contract today to stay in Minnesota, the team finally has some clarity in how they’ll be rolling their lineup in the near future. What’s for certain now is that the team will have enough financial flexibility to have Kirill Kaprizov on the roster, at least for next season. With Fiala signed and a full roster, the Wild have $13.1MM in cap space with only Kaprizov left to sign.

But, it seems with every passing day that Kaprizov’s eventual signing price will likely be astronomical, and on a short-term deal as well. The likely outcome here by most accounts is Kaprizov signing a deal equal to or shorter than four seasons, likely between $7-10MM. It’s certainly doable for 2021-22, but the main concerns have never been just about next year.

Moving forward, it’ll be even tougher for Minnesota to stay cap-compliant. The promise of a slightly increasing Upper Limit helps somewhat, but not by much. While 2022-23 sees the combined $9MM cap hits of Victor Rask and Alex Goligoski vanish, they’ll also need a new deal for Fiala, gritty winger Jordan Greenway, and promising netminder Kaapo Kahkonen. The total cap hit increase of those deals, plus an $8MM increase in cap penalties due to the Ryan Suter and Zach Parise buyouts, make a scenario in which all three players are retained nearly impossible, even with some team-friendly deals.

The deal Fiala signed is likely very similar to what he would have been awarded had the case gone to arbitration. It doesn’t exactly show long-term commitment to the relationship between player and team, so it wouldn’t be a shock to see another transaction involving Fiala within the next calendar year.

While cost certainty helps create a clearer picture for the upcoming 2021-22 season, the long-term landscape still remains treacherous for the up-and-coming squad.

All salary cap figures from CapFriendly.com

2021 Arbitration Tracker

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Originally published on August 5

The dates for the upcoming arbitration hearings have been set, with the first three scheduled for August 11. Hearings will continue through August 26 in this condensed offseason. It is important to note that the CBA agreement last year changed the rules for arbitration, so that once a hearing begins, teams are no longer allowed to negotiate with the player in question.

The full schedule is:

August 11
Adam Pelech (New York Islanders) – Settled, 8 years, $5.75MM AAV
Michael McNiven (Montreal Canadiens) – Settled, 1 year, $750K/$100K AAV (two-way)
Jakub Vrana (Detroit Red Wings) – Player filing: $5.7MM – Team filing: $3.65MM – Settled, 3 years, $5.25MM AAV

August 12
Victor Mete (Ottawa Senators) – Settled, 1 year, $1.2MM AAV

August 13
Neal Pionk (Winnipeg Jets) – Settled, 4 years, $5.875MM AAV

August 14
Vince Dunn (Seattle Kraken) – Settled, 2 years, $4.0MM AAV
Zach Sanford (St. Louis Blues) – Settled, 1 year, $2.0MM AAV

August 16
Adin Hill (San Jose Sharks) – Settled, 2 years, $2.175MM AAV
Ross Colton (Tampa Bay Lightning) – Settled, 2 years, $1.125MM AAV

August 17
Kevin Fiala (Minnesota Wild) – Player filing: $6.25MM – Team filing: $4.0MM – Settled, 1 year, $5.1MM AAV

August 18
Juuse Saros (Nashville Predators) – Settled, 4 years, $5.0MM AAV

August 20
Dante Fabbro (Nashville Predators) – Settled, 2 years, $2.4MM AAV
Jason Dickinson (Vancouver Canucks) – Settled, 3 years, $2.65MM AAV

August 21
Adam Erne (Detroit Red Wings) – Settled, 2 years, $2.1MM AAV
Dennis Gilbert (Colorado Avalanche) – Settled, 1 year, $750K/$160K AAV (two-way)

August 23
Zach Aston-Reese (Pittsburgh Penguins) – Settled, 1 year, $1.725MM AAV

August 26
Andrew Copp (Winnipeg Jets) – Settled, 1 year, $3.64MM AAV
Nikita Zadorov (Calgary Flames) – Settled, 1 year, $3.75MM AAV
Travis Sanheim (Philadelphia Flyers) – Settled, 2 years, $4.675MM AAV

Minnesota Wild, Kevin Fiala Avoid Arbitration

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With an arbitration hearing just a day away, the Minnesota Wild and Kevin Fiala have come to an agreement. The two sides have settled on a one-year, $5.1MM contract almost exactly the midpoint between their two arbitration filings. Fiala had asked for a one-year, $6.25MM contract, while the team had countered with a $4MM deal. The two sides will no longer need the hearing tomorrow.

The 25-year-old Fiala will still be a restricted free agent next summer, but will require a qualifying offer equal to this $5.1MM salary in order for the Wild to retain his rights. He will also be arbitration-eligible once again, meaning a raise is actually a possibility. It was a bet on himself to sign a one-year deal, after becoming one of the most important players on the Wild roster. Over the past two seasons, Fiala has 43 goals and 94 points in 114 games while continuing to post outstanding possession numbers. Though some of that offensive success is due to the deployment the team has offered, there’s no doubting Fiala’s raw talent.

It was Paul Fenton, the oft-ridiculed former GM of the Wild who brought Fiala to Minnesota in a trade for Mikael Granlund a little over two years ago. In terms of offensive contribution, Fiala has been much more effective, yet the two will now head into next season earning almost the same salary. Granlund signed a new four-year, $20MM deal with the Nashville Predators this offseason to continue his strong two-way play, while Fiala will be relied on as the “game-breaker” that Fenton called him when defending the move.

With Kirill Kaprizov still to sign, the Wild have plenty of work to do, but they can now be certain in their financial structure. The team still has more than $13MM in cap space this season, and though things will get tight in the future when the harsh penalties from Zach Parise and Ryan Suter’s buyouts kick in, they at least know they can fit everyone in for 2021-22. A long-term deal for Fiala would have made that more difficult, as buying out UFA years would have sent the average annual value of Fiala’s deal skyrocketing. Despite only turning 25 last month, Fiala has five seasons under his belt already, meaning he’ll be an unrestricted free agent after the 2022-23 season.

Elliotte Friedman of Sportsnet broke the news on Twitter

Photo courtesy of USA Today Sports Images

Kevin Fiala, Minnesota Wild Exchange Arbitration Figures

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The next arbitration hearing is scheduled for Tuesday between the Minnesota Wild and restricted free agent Kevin Fiala. The two sides have now submitted figures, though they can continue to negotiate a contract up until the moment the hearing starts. According to Elliotte Friedman of Sportsnet, Fiala has filed for $6.25MM while the Wild have submitted for $4MM. Michael Russo of The Athletic notes that Fiala actually filed for a one-year term, meaning he will still be a restricted free agent next season.

It is important to remember that the two filings are meant to be the absolute limits of a negotiation, and arbitration almost always results in a contract somewhere in the middle. The midpoint of these two filings would be a $5.125MM cap hit for Fiala next season.

Given that it was the Wild who elected salary arbitration in this case, the term of the award was actually up to Fiala. He could have chosen a two-year deal to get him to unrestricted free agency, but by filing for just one he has essentially bet on himself. If say, the two sides can’t agree on a multi-year deal before Tuesday and a $5MM contract is awarded, Fiala will be owed that much as a qualifying offer again next offseason. He would then be able to file for arbitration again and earn a raise, still getting to the UFA market at the age of 26. The only real risk in this method is if the Wild decide not to qualify him for whatever reason, but unless there is a major injury or huge decline in play, that would be unlikely.

In fact, Fiala is likely worthy of a much more expensive contract after his recent performances. In 2019-20 he truly broke out, scoring 23 goals and 54 points in just 64 games for the Wild. At that point, he was still averaging just over 15 minutes a game. This year he was given more ice time and more responsibility and rewarded the Minnesota coaching staff with 20 goals and 40 points in 50 games. He posted outstanding possession statistics, even if they were helped by strong offensive deployment, and represented an outstanding one-two punch with rookie Kirill Kaprizov.

The question of course, as it will be for every contract the Wild sign over the next few years, is how they can fit in Fiala with such a huge cap penalty coming. Minnesota will face a $14.74MM cap charge in both 2023-24 and 2024-25 thanks to the buyouts of Zach Parise and Ryan Suter, making it very difficult to fit in the rest of the roster. Given the team still has Kaprizov to sign, it’s hard to know exactly how much room they’ll have. Perhaps that’s why a one-year arbitration award for Fiala isn’t the worst outcome, with the two sides restarting negotiations a year from now.

Central Notes: Fiala, Wallstedt, Coyotes Coaching Staff

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The Wild have made some progress in discussions with RFA winger Kevin Fiala, reports Michael Russo of The Athletic (subscription link).  While the 25-year-old didn’t file for arbitration, Minnesota opted to elect to take him to a hearing earlier this month, a move that teams don’t often make as it gives Fiala the right to elect an award that would walk him to unrestricted free agency if he wanted.  However, it ensures that he’ll be signed long before training camp.  Fiala is coming off a 20-goal, 40-point season that has him well-positioned to earn a sizable raise on the $3MM AAV he had on his bridge deal.  Submissions to the arbitrator will be required on Sunday with the hearing scheduled for a week from today so they’ll need to work quickly to get something done.

More from the Central:

  • Still with Minnesota, Wild prospect Jesper Wallstedt has opted to stay with Lulea of the SHL, notes Aftonbladet’s Jonathan Nilsson. The 18-year-old was the 20th-overall pick in last month’s draft which gives them the right to assign him elsewhere as entry-level deals for first-round picks supersede existing contracts overseas.  However, some more time in the SHL certainly makes sense for Wallstedt, who posted a 2.23 GAA with a .908 SV% in Sweden’s top division last season.
  • The Coyotes are expected to retain assistant coaches Phil Housley, Cory Stillman, and Corey Schwab, reports Craig Morgan of AZ Coyotes Insider (Twitter link). They will, however, reportedly add to their coaching staff as Morgan adds that Mario Duhamel will also be added.  Duhamel, 46, had been an associate coach with OHL Ottawa previously working alongside new Arizona bench boss Andre Tourigny.

Central Notes: Copp, Pleau, Fiala

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The Jets are a team that projects to be quite tight to the Upper Limit of the salary cap.  Per CapFriendly, they have just over $6MM in cap room which amounts to roughly $11.35MM once Bryan Little’s LTIR is factored in but they still have to re-sign defenseman Neal Pionk and center Andrew Copp as well, both of whom have arbitration hearings later this month.  Accordingly, Scott Billeck of the Winnipeg Sun suggests that with the strong platform season Copp had – one that saw him notch career highs in goals (15), assists (24), and points (39) – could wind up pushing him out of town.  GM Kevin Cheveldayoff spent nearly $10MM last month to shore up their back end with the acquisitions of Nate Schmidt and Brenden Dillon but if Pionk and Copp wind up getting more than they anticipated, it certainly could force their hand into trading someone and selling high on Copp would certainly make some sense for Winnipeg.

More from the Central:

  • The Coyotes have added some experience to their front office as they announced the hiring of Larry Pleau as Senior Advisor to the General Manager. The 74-year-old spent the last 23 years with St. Louis with the first 12 of those being as their GM and the last 11 in an advisory role similar to the one he will have with Arizona.  GM Bill Armstrong certainly has a long-standing connection with Pleau having worked under him for 16 seasons with the Blues before coming to the desert last year.
  • The Wild’s decision to elect salary arbitration for winger Kevin Fiala earlier this week raised some eyebrows as it’s a move that’s rarely made. Michael Russo of The Athletic posits (subscription link) that the team wants to ensure Fiala is at training camp at the start which wasn’t the case two years ago when talks dragged out longer than either side would have liked.  While a deal will be done within the next two weeks – his hearing is August 17th – there is certainly some risk that Minnesota is taking as Fiala could simply elect for a two-year award to take him to UFA eligibility in 2023, a move that certainly would hurt his trade value as well if it gets to that point.

Wild Elect Salary Arbitration For Kevin Fiala

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Minnesota and winger Kevin Fiala will be heading to salary arbitration after all.  While he wasn’t among the players to file for a hearing yesterday, the Wild announced (Twitter link) that they have elected to take Fiala to a hearing.

The 25-year-old is coming off a strong season that saw him notch 20 goals and 20 assists in 50 games, good for second on the team in scoring behind fellow RFA winger Kirill Kaprizov.  It was a strong follow up to his first full season with Minnesota in 2019-20 where he had 23 goals and 31 helpers in 64 games which has certainly bolstered Fiala’s value heading into these contract talks.  He was qualified at $3.5MM but stands to earn considerably more on his next contract.

There are a handful of different rules in place for club-elected versus player-elected arbitration.  The first is that no matter what the ruling is, Minnesota can’t walk away.  As Fiala was filed on, he gets to determine the term of the contract.  That’s certainly notable as he’s two years away from UFA eligibility and as a result of this decision from the Wild, he could simply opt to go to a hearing and elect the two-year term that would take him to the open market in 2023.  Not that it would happen here but Minnesota cannot offer less than Fiala’s salary from last season; teams that are filed on can go slightly lower.

Fiala will now be added to the list of players that will have an arbitration hearing scheduled from August 11th through the 26th.

West Notes: Kaprizov, Fiala, Pettersson, Harvey

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There’s been a fair amount of news breaking in the Western Conference lately. Whether it’s Ryan Nugent-Hopkins’ and Joel Eriksson Ek’s eight-year extensions, the Viktor Arvidsson trade, or the Duncan Keith drama, this past week has given fans of Western teams more than enough to chew on. That hasn’t changed today, as there have been many tidbits of information floating around the hockey sphere. Following up on some extensive rumors from last month, NHL.com independent correspondent Jessi Pierce reports that the Minnesota Wild and Kirill Kaprizov are set to resume contract negotiations next week. Minnesota and general manager Bill Guerin come into this set of negotiations with a much better idea of their salary cap situation after devoting $5.25MM per season to Eriksson Ek on Friday. With some more cost certainty in hand, Guerin can come forward with some more solid offers to Kaprizov and his agent to give him a more realistic idea of their options. Guerin, who is “confident [they’ll] get a deal done at some point,” now has just $16.8MM in space to offer to Kaprizov, Kevin Fiala, and any other free agents he’ll sign to fill out the roster.

  • As a subset to that story, The Athletic’s Michael Russo is additionally reporting that contract talks with Fiala’s agent have now initiated. Guerin now finds himself in a unique position of negotiating the contracts of arguably his two best forwards simultaneously. With limited room to work with, it’s likely that one of Kaprizov or Fiala will have to take a bridge deal with a lower cap hit in order to give Guerin flexibility to add in free agency. Considering some previous Kaprizov rumors, it’s likely that the Russian forward will likely end up with that bridge deal. Guerin and Fiala’s camp are in a position to sign a contract similar to Eriksson Ek’s, exchanging some money up front in exchange for term and certainty for both sides.
  • Another young forward, Vancouver Canucks center Elias Pettersson, is also a pending restricted free agent in need of a new deal. Pettersson’s situation is slightly different, however, having played in just 26 games this past season due to injury. After reports from last month that the Canucks may want to sign Pettersson to a shorter-term deal, The Province’s Ben Kuzma reports today that Pettersson’s camp could opt for a short-term deal as well. Drawing on Brock Boeser’s three-year, $17.625MM ($5.875MM cap hit) contract signed prior to 2019-20 as a comparable, a short-term deal could open the door for general manager Jim Benning to offer a much longer-term deal to another RFA in defender Quinn Hughes.
  • The Canucks find themselves on here twice today after The Province’s Patrick Johnston reported that they’ve promoted Todd Harvey to be the team’s director of amateur scouting. Former director Judd Brackett departed the team prior to 2020-21 to accept the same role with the Wild, meaning that the Canucks have left the position vacant from then until now. Harvey, who’s served as an amateur scout for the team since the 2017-18 season, had effectively taken on Brackett’s role since his departure anyways. Harvey’s last NHL season was with the Stanley Cup Finalist 2005-06 Edmonton Oilers, and after a few seasons playing senior hockey, stepped away from the game until returning as an assistant coach for the OHL’s Guelph Storm in 2013. Harvey will be tasked with adding to a prospect pool that’s largely been drained in recent years with the graduation of players like Pettersson and Thatcher Demko.

All contract information courtesy of CapFriendly.

Latest On Jack Eichel’s Trade Market

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While Jack Eichel’s potential trade availability has dominated the headlines in recent weeks, there has actually been very little concrete information to come out about his market. The assumption is that every team will at least kick the tires on the superstar forward, but also that the Buffalo Sabres will have a hefty asking price that some may not want to pay and many others simply won’t be able to. The remaining group of possible landing spots could be small. To this point though, there has been little word on which teams fall into which categories – until now.

One team very much in the mix for Eichel is the Minnesota Wild. The Athletic’s Michael Russo has confirmed that Wild GM Bill Guerin has opened trade talks with the Sabres’ Kevyn Adams. Minnesota had a strong, resurgent season but still lacks star power at the center position, so it is no surprise that Guerin is interested. The Wild already have their plate full with extensions for Kirill Kaprizov, Kevin Fiala, and Joel Eriksson Ek, but it stands to reason that a potential Eichel trade would likely see one of the latter two heading to Buffalo. Russo points out that the salary cap would necessitate another roster player likely moving as well, while a top prospect such as Marco Rossi or Matthew Boldy would certainly be part of the package too. It’s a heavy price to pay – and that might not even be the full ask – but Buffalo knows that someone will pay up for Eichel. Russo warns that the Wild are an up-and-coming team and need to be completely sure of Eichel’s health status before making the expensive, long-term commitment and franchise-altering decision to acquire him.

Not everyone is willing to take that risk and the Columbus Blue Jackets are one of them. The Athletic’s Aaron Portzline writes that Columbus GM Jarmo Kekalainen has been busy working the phones and analyzing the trade market and Eichel has of course earned “due diligence.” However, he indicated that this was the extent of his trade talks with Adams. Portzline reports that a key piece of the Sabres’ asking price is a center with first-line potential and the Blue Jackets do not have anyone who fits that description. To make up for that deficit, Columbus’ would likely have to pay an exorbitant price to acquire Eichel. The likely package would include at least the No. 5 overall pick, if not multiple first-rounders, multiple young roster players, probably including goaltender Elvis Merzlikins, and a top prospect or two. That cost doesn’t make much sense for a team that, at best, is re-tooling but could be considered rebuilding. Portzline suggests that another Sabre, Sam Reinhart, has also been linked to the Blue Jackets and would be a better fit in many ways.

Other suitors are expected to include the Anaheim Ducks, Los Angeles Kings, and New York Rangers, but so far those organization have not let any details of their pursuit slip out. There is of course also the chance that Buffalo simply retains Eichel, as a fair return could be very difficult to come by. Until then though, this is a storyline that will continue to dominate the off-season.

West Notes: Wild Offseason, Perron, Lehner

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The Minnesota Wild seem to be a team on the way up. The team may have lost in Game 7 of the first round of the playoffs to the Vegas Golden Knights, but put together an interesting season in which they should continue to get better.

The Athletic’s Michael Russo (subscription required) writes that the team expects to have a busy offseason, which includes dealing with the challenges of the expansion draft as well as re-signing restricted free agents Kirill Kaprizov, Joel Eriksson Ek and Kevin Fiala. While all three should get significant raises, trading one of them is always a possibility. In fact, Russo suggests the team could consider packaging Fiala in a deal to upgrade at the center position in a bold move, even suggesting that the Wild could be serious bidders for Buffalo’s Jack Eichel.

  • In a Q&A with St. Louis Blues general manager Doug Armstrong, beat writer Lou Korac writes that the Blues are focused on getting an extension worked out with veteran winger David Perron. The 33-year-old has only gotten better as he’s gotten older. After a 16-goal season with Vegas back in 2017-18, he has been a key contributor for the Blues since signing with them. He scored 23 goals in 2018-19, 25 goals in 2019-20 and posted a 19-goal, 58-point campaign this year in 56 games. “He’s passionate about the game,” said Armstrong. “He works at the game, he’s evolved with the game, his puck-protection skills are top level. His ability to create offense for himself is top level. He goes to the harder areas. He’s here next year and as long as he wants to play, I don’t know why the St. Louis Blues wouldn’t want him.”
  • In a somewhat surprising development, The Athletic’s Jesse Granger reports that Robin Lehner, not Marc-Andre Fleury, is expected to be in net tonight for Game 1 against the Colorado Avalanche. Many expected Fleury to get the nod for an eighth-straight game. The veteran was dominant against the Minnesota Wild with a 1.71 GAA and a .931 save percentage in those seven games. Of course, Lehner is also considered a top goaltender for the Golden Knights. The 29-year-old finished the season with a 2.29 GAA and a .913 save percentage in 19 regular season games. Head coach Peter DeBoer did something similar a year ago, allowing Fleury to start Game 1 against the Dallas Stars in the conference finals. Fleury played well, but Vegas lost, which prompted DeBoer to play Lehner for the rest of the season. Could we see a reverse move made this year?

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