Headlines

Go To MLB Trade Rumors
Go To Hoops Rumors

Kevin Lankinen

Canucks Sign Kevin Lankinen To Five-Year Extension

at CDT | by 13 Comments

The Canucks announced they’ve agreed to terms with pending UFA goalie Kevin Lankinen on a five-year, $22.5MM extension. It’ll keep him in Vancouver through the 2029-30 season with a cap hit of $4.5MM. $8.5MM of his total compensation will be paid via signing bonuses, Rick Dhaliwal of CHEK and The Athletic reports. The full breakdown of the deal is as follows, per PuckPedia:

2025-26: $2.5MM base salary, $2.5MM signing bonus, no-move clause
2026-27: $4MM base salary, no-move clause
2027-28: $3MM base salary, $2MM signing bonus, 15-team no-trade clause
2028-29: $2.5MM base salary, $2MM signing bonus, 15-team no-trade clause
2029-30: $2MM base salary, $2MM signing bonus, 15-team no-trade clause

Lankinen, 30 in April, was set to be one of the top options on the open market among goaltenders this summer after the Capitals retained Logan Thompson on a six-year deal. He’s seen a massive jump in market value since his spin on the UFA market last summer when he had to wait until after training camp started to land a one-year, $875K deal in Vancouver.

It’s a testament to the success Lankinen has enjoyed this season with the Canucks, who likely aren’t in postseason position without him. The Finland native had been an above-average backup to Juuse Saros with the Predators for the past two seasons. He was an inconsistent 1B option with the Blackhawks before that, hovering right around league average for his career with a .905 SV% in 112 appearances for Chicago and Nashville from 2020-21 to 2023-24.

Lankinen hasn’t been world-beating in his third NHL stop in Vancouver, but he has shown the ability to keep up solid numbers in extended usage. He’s started 32 of the Canucks’ 55 games amid continued injury woes for 2024 Vezina runner-up Thatcher Demko, on pace to shatter his career-high of 37 set in his rookie season with Chicago. He’s logged a .905 SV% and 2.53 GAA, numbers that look more impressive than in years past, thanks to dwindling league averages, but they’ve also come behind decent team defense. Factoring in his playing environment amid netminders with similar workloads, his performance looks more pedestrian. His 2.58 expected goals against average is the sixth-lowest out of the 48 goalies to play at least 20 games this season, per MoneyPuck. Considering that comparatively easy workload, his 1.6 goals saved above expected only rank 28th out of that 48-player group.

That makes a $4.5MM annual commitment for the rest of the decade look like fair compensation at best and a risky bet at worst. Thanks to a quickly rising salary cap, it should age far better than similarly-priced deals over the past few seasons. Still, Lankinen’s age and broadly consistent play over the past few years means he is what he is – a decent, but not great, option between the pipes who can sniff 40 starts. Considering his AAV is only $500K less than what emerging Kraken starter Joey Daccord landed on his recent extension, there’s undoubtedly a bit of sticker shock when combined with the five-year commitment and extensive trade protection.

He is an acceptable insurance option if Demko’s health continues to pose long-term concerns as he enters the final year of his contract in 2025-26. The two-time All-Star missed the first 24 games of the season with the popliteus muscle injury he sustained in Game 1 of Vancouver’s 2024 postseason run, another two in January with a back injury, and is now listed as week-to-week with a lower-body issue coming out of the 4 Nations Face-Off break. Understandably, his numbers haven’t been great when healthy this season. He’s got a .891 SV% and 2.87 GAA with a 6-6-3 record in 17 appearances, but he’s faced far worse defense than Lankinen and has still managed to save a goal above expected, according to MoneyPuck. On a per-hour basis, Demko has fared slightly better with a 0.064 GSAx/60 compared to Lankinen’s 0.048. However, it’s still a far cry from last year’s elite .918 SV% and 22.0 GSAx.

While it’s a significant commitment to keep Lankinen in British Columbia, it’s a necessary one without many other options in the pipeline as a potential Demko successor. No. 3 option Arturs Silovs was expected to compete for the backup job this year after a strong playoff showing for the Canucks in 2024 but has been borderline unplayable when given the chance, logging a 4.11 GAA and .847 SV% in seven NHL appearances this season. They don’t have any blue-chip prospects in the system between the pipes either, so getting at least some long-term security at the position was understandably a top priority for general manager Patrik Allvin.

Lankinen will be 35 years old when his contract expires, so this will easily be the biggest payday of his career. He’ll be able to test unrestricted free agency in the summer of 2030.

Image courtesy of USA Today Sports.

Canucks’ Thatcher Demko Out Week-To-Week

at CDT | by 3 Comments

Vancouver Canucks starting goaltender Thatcher Demko won’t join the team for their upcoming five-game road trip, per Thomas Drance of The Athletic. Demko suffered a lower-body injury just 10 minutes into Vancouver’s 2-1 win over the Toronto Maple Leafs on February 8th – the team’s last game before the 4-Nations Face-Off break. Drance added that Demko has been designated as out week-to-week and that Demko’s injury isn’t connected to the knee injury that held him out of multiple weeks at the end of last season.

The Canucks turned to backup Kevin Lankinen to replace Demko after his injury. Lankinen posted 21 saves on 22 shots to lead Vancouver to a win, bringing his season-long record up to 19-8-7 in 34 appearances. Lankinen has also leads all Canucks goaltenders with a .905 save percentage and 2.53 goals-against-average. He’ll be the assumed starter when the Canucks return from break, but their upcoming road-trip features two sets of back-to-back games. That tight schedule will likely open the door for Arturs Silovs to make his own spot start.

Silovs hasn’t played since late-November, after appearing in seven of Vancouver’s first 22 games. The 23-year-old Latvian posted a 1-4-1 record, .847 Sv%, and 4.11 GAA in those appearances, prompting a quick return to the minor leagues. He found more stable footing in Abbotsford, posting a 10-4-0 record and .906 Sv%. Silovs upheld those numbers through multiple trips to serve as Lankinen’s backup when Demko missed time in January. He could now be rewarded for waiting with game time – but isn’t likely to claw above the pair of veterans ahead of him on the depth chart in what should be a minimal role.

Lankinen should be a stout fill-in on the heels of his strong season, but Vancouver will still surely miss Demko. The oft-injured starter was finally finding his groove before the Canucks went on break, marked by a 3-1-0 record and .952 Sv% in his last four healthy games. That streak was a welcome turnaround for Demko after he started his season with a dismal 3-5-3 record and .867 Sv% in 12 games. He seemed to need an extended runway as he worked his way back from a long-term ailment – and now lands in a similar and untimely situation. The Canucks will return from their extended road trip on March 5th, then quickly face four games across a six-day stretch.

Canucks, Kevin Lankinen Have Had Extension Talks

at CDT | by 2 Comments

The Canucks began preliminary extension discussions with goaltender Kevin Lankinen as soon as he became eligible to sign a new deal on Jan. 1, Thomas Drance of The Athletic relayed earlier this week.

Nothing is close on the matter, Pierre LeBrun of TSN and The Athletic added Friday, and it will likely take until the NHL sets next season’s salary cap ceiling until negotiations kick into overdrive. Of course, that announcement will come much earlier than normal – potentially even before the trade deadline – according to a report from Elliotte Friedman of Sportsnet this week. Their talks have also moved to the backburner in recent weeks with most of the Canucks’ front-office resources dedicated to working out a J.T. Miller trade, something that’s still on the horizon after he almost became a Ranger for the second time last weekend.

While the fit in Vancouver for Lankinen has been spectacular, whether the Canucks will be willing to dole out what it will take to retain him is questionable. After inking a one-year deal worth just $875K in training camp, Lankinen carried a heavy workload while starter Thatcher Demko continued to rehab the complex knee injury he sustained during last year’s playoffs. He remains the team’s No. 1 option with Demko struggling after his return, boasting a 16-8-6 record and .903 SV% through 30 appearances. He’s already just seven games short of the career high he set during his rookie season with the Blackhawks in 2020-21, and he’s set a new career-best mark in shutouts with four.

His numbers across the board are pretty average, but considering the struggles of Demko (.867 SV%, 3.47 GAA) and third-stringer Arturs Silovs (.847 SV%, 4.11 GAA), he’s been among the team’s most valuable players and one of the main reasons they’re still in the conversation for a playoff spot amid an injury-plagued campaign. That positions Lankinen to cash in with an AAV of around $4MM on a multi-year extension, LeBrun opines, twice as much as his previous career-high cap hit. He made $2MM on a one-year deal with the Predators while backing up Juuse Saros last year.

Anything much higher than $4MM would be a considerable risk for a 29-year-old netminder who’s on pace to start 30 games for just the second time in his career. However, outside from a sophomore slump with Chicago in 2021-22, he’s largely been an above-average option in limited starts and an average one with a more extended workload. Pairing him with Demko, whose $5MM cap hit next season stands to be a bargain if he can recapture his pre-injury level of play, could create a serviceable tandem at worst for less than $10MM against the cap and gives Vancouver a safety net past next year if Demko can’t rebound or tests free agency.

Canucks Recall Four From AHL

at CDT | by Leave a Comment

The Canucks have brought up some reinforcements before their game tonight against Boston.  The team announced (Twitter link) that forwards Aatu Raty and Max Sasson along with defenseman Mark Friedman were recalled from AHL Abbotsford, reversing the paper assignments from Friday as expected.  However, they also revealed that they’ve recalled goaltender Arturs Silovs using the emergency goaltender exemption.

Raty, Sasson, and Friedman have all been shuffled back and forth in an effort to keep Vancouver out of LTIR and banking as much cap space as possible.  Raty has four points in 20 games so far this season while Sasson has four assists in nine outings with the Canucks.  Playing time has been harder to come by for Friedman who has suited up just twice so far.

As for Silovs, he has spent most of the season on Vancouver’s roster with Thatcher Demko being sidelined for the first couple of months.  However, he wasn’t able to play at the same level as he did last season and in the playoffs as he struggled to a 4.11 GAA and a .847 SV% in his first seven outings, leading to his re-assignment to the minors recently.

Vancouver only had three open roster spots (stemming from the three paper demotions yesterday) which meant that the Canucks had to use this exemption.  Teams are limited to using this for a maximum of two times per season and Silovs can only be on the roster on this exemption for 48 hours.  He’s taking the place of Kevin Lankinen as head coach Rick Tocchet told reporters including Sportsnet 650’s Brendan Batchelor (Twitter link) that the netminder is dealing with the flu.

Snapshots: Fowler, Danforth, Nosek, Lankinen

at CDT | by Leave a Comment

Earlier this month, it was revealed that the Ducks and veteran defenseman Cam Fowler were working on finding a new team for him to play for.  With Anaheim firmly in a rebuild and Fowler only having two years left on his contract, a change of scenery would make sense for both sides.  GM Pat Verbeek told reporters including Eric Stephens of The Athletic (subscription link) that he doesn’t sense that this will be a distraction, highlighting that Fowler is fully committed to the team.  The 32-year-old has spent his entire 14-year career with Anaheim and sits third in franchise history in games played (974) and fifth in points (453).  With most teams at this point wanting to see what they have first before pondering potential moves, it’s likely that a move involving Fowler will take some time to materialize.

Elsewhere around the NHL:

  • While Blue Jackets winger Justin Danforth has been cleared to resume some on-ice work as he works his way back from a hand injury, Aaron Portzline of The Athletic reports (subscription link) that Danforth might not be cleared for contact for another two or three weeks. Accordingly, that would likely put the start of the regular season out of reach for the 31-year-old in jeopardy.  Danforth had a career-high 26 points in 71 games last season while spending time at all three forward positions.
  • Panthers center Tomas Nosek left today’s preseason game early after colliding with the boards following a trip, notes team reporter Jameson Olive (Twitter link). While he briefly tried to return later in the period, he ultimately didn’t return to the contest.  Nosek is in his first season in Florida after signing a one-year deal with them in free agency.  The 32-year-old battled injury trouble last season, missing 43 games due to four separate issues, managing just six points in 36 appearances when he did suit up.
  • The one-year, $875K deal that the Canucks reached with goaltender Kevin Lankinen on Saturday carries an eight-team no-trade clause, PuckPedia reports (Twitter link). It’s the first time in his career that the 29-year-old will have any form of trade protection in his contract.

Canucks Sign Kevin Lankinen To One-Year Deal

at CDT | by 5 Comments

The Canucks have been searching for some goalie depth for a while now with Kevin Lankinen being an early target.  While it took a while, the two sides have reached an agreement as the team announced (Twitter link) that the netminder has signed a one-year, $875K contract.

Vancouver made an offer to the 29-year-old last month, one that was below the $1MM mark as this contract is, but it was rejected with the belief that Lankinen was seeking more money.  However, with opportunities across the league largely dried up at this point, it appears he decided to take the guaranteed deal that was on the table.

Lankinen spent the last two years in Nashville, posting a 2.79 GAA and a .912 SV% in 43 games.  Those numbers were certainly above-average for a second-string option which makes it a bit surprising that a better offer didn’t materialize for him over the past couple of months.  For his career, he has a 3.07 GAA with a .895 SV% over four NHL seasons, the other two coming with Chicago.

Starting goaltender Thatcher Demko is still working his way back from a knee injury although he is making good progress in recent weeks.  That said, his availability for the start of the regular season remains in question.  That means that Lankinen will have an opportunity to battle Arturs Silovs for the starting role if Demko isn’t available on opening night.  If he is able to play, the two will try to secure the backup role.

Management made it known earlier this summer that their goal is to avoid using LTIR even though Tucker Poolman won’t play this season.  That’s particularly noteworthy as the team is now $694K over the cap with this signing per PuckPedia.  If Demko isn’t available on opening night, they’ll have to remove a skater from the roster to fit in Lankinen’s contract.  Meanwhile, one of him or Silovs will have to come off the roster once Demko is cleared to return.  That could work in Lankinen’s favor as Silovs has one more season of waiver exemption remaining which could give the veteran a leg up on securing a full-time spot.

Either way, while it took longer than they would have liked, Vancouver now has the goaltending insurance that they’d been seeking for most of the summer.

Photo courtesy of USA Today Sports Images.

Canucks Have Offered Kevin Lankinen A Contract

at CDT | by 3 Comments

In recent weeks, the Canucks have been offering PTO deals to some veteran goalies as some insurance with Thatcher Demko’s health still in some question.  After being unable to get either Kevin Lankinen or Antti Raanta to agree to a tryout, they’ve now gone a step further.  Rick Dhaliwal of CHEK and The Athletic reports (Twitter link) that Vancouver has made a one-year full contract offer to Lankinen.  However, the offer was believed to be for less than $1MM, a price tag he doesn’t appear to be willing to accept at this time.

The 29-year-old made $2MM last season in Nashville so Vancouver’s offer would certainly represent a sizable pay cut.  However, the Canucks have less than $200K in cap space per PuckPedia and have made it known that they don’t want to go into using LTIR.  Accordingly, even to make that offer work, they’d have to drop a skater off their roster to be able to afford Lankinen, effectively having to carry three goalies heading into the season if Demko isn’t able to play.

Lankinen spent the last two years with the Predators and put up solid numbers overall, posting a 2.79 GAA and a .912 SV% in 43 games over that span.  Those are certainly above-average for a second-string option which is likely why his camp has been holding out in the hopes of landing a more substantial offer.  However, barring an injury of some significance, most teams have their goaltending set so that better offer might not materialize for a while yet if at all if he continues to wait.

The fact that the Canucks have opted to make a full offer to Lankinen would imply that they remain concerned about Demko’s recovery from a knee injury sustained early in the playoffs last spring.  If they felt he was on track to return on time or even a few games into the season, Vancouver could simply run with Arturs Silovs and new third-stringer Jiri Patera for a couple of weeks and get by that way.  Silovs had a good run in the playoffs and could easily handle the starting role for a handful of games early on.

But if they feel their best option now is to get someone on a full-season deal, it would seem as if there is at least the potential for Demko’s recovery period to drag out even longer.  That type of uncertainty is hardly ideal with training camps now less than a week away.  Whether that will push them to up their offer or if they’ll hold out hope that Lankinen will have a change of heart and accept their most recent offer remains to be seen.

Snapshots: Laine, Lankinen, CBA Talks

at CDT | by Leave a Comment

While Patrik Laine was eventually traded to Montreal, it appears as if that wasn’t the originally planned destination for the winger.  La Velle E. Neal III of the Minneapolis Star-Tribune reported earlier this week that the Wild had been in discussions to acquire the 26-year-old with GM Bill Guerin acknowledging to him that he thought he had a chance to get Laine.  However, Guerin indicated that Laine didn’t want to go to Minnesota which implies that the Wild were one of the teams on his partial no-trade list.  Considering his $8.7MM cap hit and Minnesota’s particularly tight cap situation, it would have been interesting to see how Guerin was going to make it work in terms of fitting in Laine’s contract on their books.

Elsewhere around the hockey world:

  • While the Canucks have been linked to veteran goaltender Kevin Lankinen on the tryout front as they look to get some insurance for training camp, Postmedia’s Patrick Johnston relays that the veteran’s intention is to secure a full contract offer and not go the PTO route. The 29-year-old has been a backup for the last four seasons, posting a respectable 3.05 GAA with a .905 SV% over stints with Chicago and Nashville but with so few teams needing goalie depth at the moment, a guaranteed deal at this point will be hard to come by for Lankinen.
  • Marty Walsh, executive director of the NHLPA, told ESPN’s Greg Wyshynski that there have not yet been any major discussions pertaining to the next CBA, noting it’s still a bit early to get into those talks. The current agreement is set to expire following the 2025-26 season.  This will be Walsh’s first CBA that he works on after taking over for Don Fehr back in 2023.  While it was recently noted that there is an uptick in signing bonus money for 2026-27 as insurance against a possible work stoppage, Walsh indicated that it shouldn’t be construed as a sign of possible concern.

Evening Notes: Lankinen, Nichushkin, Pieniniemi

at CDT | by 3 Comments

The Vancouver Canucks are narrowing in on a deal with goaltender Kevin Lankinen reports CHEK’s Rick Dhaliwal. He’ll support the team as they await the return of Thatcher Demko, who is taking longer than expected to recover from his knee injury.

A deal in Vancouver would move Lankinen on from four seasons in the Central Division – split between the Chicago Blackhawks and Nashville Predators. He debuted as Chicago’s starter in the shortened 2020-21 season, recording 17 wins and a .909 save percentage across 37 games. It was an impressive start to the undrafted free agent’s career, though not strong enough to hang onto the starting role when Chicago signed Marc-Andre Fleury that summer. Lankinen has been a proud backup ever since, with his ice time dwindling to just 24 games with Nashville last season.

Vancouver could offer Lankinen his first true shot at a starting role in a while – though he’ll have to beat out postseason wonder Arturs Silovs. Silovs took over for Demko in last year’s Stanley Cup Playoffs with just nine career games to his name. He’d end up playing 10 more, posting a .898 save percentage and showing plenty of ability to win games when his team needed him. Silovs will be the favorite for the starting role entering camp, but Lankinen could offer quick relief should he struggle.

Other notes from around the league:

  • Sergey Fedotov, a former scout for the Russian National Team, told Russia’s Sports.ru that Colorado Avalanche winger Valeri Nichushkin will be ready to return to the NHL in November. Nichushkin entered the NHL Player’s Assistance Program in May, missing out on the bulk of the postseason after a red-hot start – nine goals and 10 points in eight games. Nichushkin scored a collective 63 points in 62 games this season and will stand as a top option in Colorado’s lineup when he returns, though speculation will remain until the team formally announces his return.
  • Pittsburgh Penguins defense prospect Emil Pieniniemi – the 91st pick in the 2023 NHL Draft – has signed with the OHL’s Kingston Frontenacs for the 2024-25 season. The move kicks off his career in North America after growing up through Kärpät’s junior system and playing 39 games with the Liiga club. He scored six points in those appearances but has already looked more impressive in international play this summer – posting four points in four games during Finland’s U20 friendlies. He’ll now look to maintain that scoring momentum into the much-quicker-paced CHL next season.

Canucks Testing Goalie Market Amid Thatcher Demko’s Injury

at CDT | by 10 Comments

The Canucks are on the hunt for some short-term goalie help on the trade and UFA market, CHEK’s Rick Dhaliwal said on Sportsnet 650 Tuesday. That’s because star starter Thatcher Demko is healing slower than expected from the knee injury he sustained early in their first-round series against the Predators and still isn’t 100%, per Dhaliwal.

Dhaliwal said it’s unclear if Demko has undergone surgery to address the knee injury, and Vancouver has been concerned about the pace of his rehab as far back as the draft in June.

This storyline comes after information about Demko’s return timeline varied wildly throughout the postseason. Multiple reports stated he’d only be out for one series, while others said he would be shut down for the season. The team never officially ruled him out, instead continuously listing him as week-to-week, but he never did return to the lineup after recording a win in Game 1 against the Predators.

The Canucks were also rumored to be sniffing around for a veteran name to supplement their crease and provide competition for emerging youngster Arturs Silovs around the draft and free agency, but that never came to fruition. Last year’s No. 2 option, Casey DeSmith, wasn’t brought back and signed a three-year deal with the Stars. Vancouver’s only notable offseason addition between the pipes was former Golden Knights prospect Jiri Patera, who’s meant as a No. 3/4 option behind Silovs.

Those rumblings will get louder now with Demko’s status uncertain. The most clear-cut addition for the Canucks would be Kevin Lankinen, the top goalie left on the UFA market. His time as a Predator ended at the hands of Vancouver last season, and he remains unsigned after Nashville opted to sign Scott Wedgewood to replace him as Juuse Saros’ backup. The 29-year-old Finn was an above-average backup during his two years in Tennessee but was sparsely used, posting a 20-14-1 record and .912 SV% in 35 starts and eight relief appearances. Still, he’d be a cheap pickup, certainly not more than the $2MM he made last year after waiting for this late into August to sign.

Some other notable veteran UFA options include Martin Jones and Antti Raanta, but both are significantly older than Lankinen and have a much higher potential for age-related regression. Jones is coming off a resurgent year as the third-stringer for the Maple Leafs, but Raanta’s typically strong but injury-plagued play collapsed last season with a .872 SV% in 24 games for the Hurricanes.

On the trade market, funnily enough, Nashville might be one of their first calls. Top goaltending prospect Yaroslav Askarov has reportedly submitted a trade request to the club, but it’s a situation that could potentially be resolved if they decided to flip Scott Wedgewood, who signed a two-year, $3MM contract with the club on July 1st. He’s spent the last three seasons in the Dallas Stars organization, though he sat out much of the 2021-22 campaign. Wedgewood has played in 53 games over the two seasons since, posting 15 wins and a collective .907 save percentage behind Jake Oettinger. He’s poised to fill the same role in Nashville – ceding a majority of starts to a proven starter and limiting Askarov’s chance at the NHL ice time he’s searching for. With Nashville facing a formal trade request from one of the league’s top goalie prospects, the Canucks could benefit from timing, and reel in another hardy backup to help fill time before Demko’s return – a situation akin to the Tampa Bay Lightning’s platooning while Andrei Vasilevskiy missed time last season.

The Canucks may be able to offer that upside in the short-term, but it’ll be hard to move too far from Demko, who’s risen to prominency as he’s taken over Vancouver’s top role. That growth peaked this season, with Demko ranking second in Vezina Trophy after posting a .918 through 51 appearances. He’s signed at a $5MM cap hit through the next two seasons and is likely to hang onto Vancouver’s starting crease through any new additions. That strings out a tight-rope the Canucks will need to walk, as they make the decision between a lofty goalie trade, a free agent signing, or leaning on unproven backups.

Pro Hockey Rumors is not affiliated with National Hockey League, NHL or NHL.com

scroll to top