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Mark Stone

Mark Stone Signs Eight-Year Extension With Vegas Golden Knights

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The wait is over Vegas Golden Knights fans. Mark Stone has officially signed his eight-year, $76MM extension. The deal carries a $9.5MM average annual value and includes a full no-movement clause. CapFriendly has the full salary breakdown:

  • 2019-20: $3MM salary + $9MM signing bonus
  • 2020-21: $1MM salary + $7MM signing bonus
  • 2021-22: $7MM salary + $5MM signing bonus
  • 2022-23: $1MM salary + $7MM signing bonus
  • 2023-24: $6MM salary + $5MM signing bonus
  • 2024-25: $6MM salary + $5MM signing bonus
  • 2025-26: $3MM salary + $5MM signing bonus
  • 2026-27: $1MM salary + $5MM signing bonus

Stone, 26, was acquired by the Golden Knights at the trade deadline from the Ottawa Senators for a package that included prospect Erik Brannstrom, and has had an immediate impact on the ice. Though he has recorded just two points in five games, the Golden Knights are undefeated and have not allowed a goal against with Stone on the ice. That’s part of his appeal, given his ability as one of the very best defensive forwards in the entire NHL. Stone has also attempted 34 shots in those five games, with 18 of them hitting the net but failing to go in. Stone had scored on nearly 20% of his shots while with the Senators, meaning it’s just a matter of time before he gets his first goal as a Golden Knight.

Even with his incredible two-way appeal, this contract is certainly an expensive one for the Golden Knights. The club is just in their sophomore season in the NHL, but already has more than $82MM in cap space committed to the 2019-20 season. That includes just 17 players, meaning there will have to be changes coming in Vegas even if the cap ceiling increases substantially as it is expected to. Along with Stone’s extension, the Golden Knights will see Marc-Andre Fleury, Nate Schmidt, Alex Tuch and Max Pacioretty all receive huge raises next season.

The huge amount of the contract paid out in signing bonuses is an important factor. Not only will Stone receive the equivalent of lockout protection by receiving most of his total in bonuses in both 2020-21 and 2022-23 (possible work stoppage seasons), but paying out his salary in huge chunks is something the Ottawa Senators likely weren’t able to offer. The Senators apparently tried tirelessly to work out a contract extension with Stone before trading him, but the team has never been able to agree to this sort of payment structure in the past.

A no-movement clause is also included in the deal, which is something teams are wary to hand out at the moment. With the Seattle expansion draft coming up, NMCs drastically reduce a team’s flexibility given that they must be protected. Vegas however doesn’t have to worry about that factor, given they will not be participating in the expansion fee or draft process. While several teams likely would have been willing to offer a no-movement clause to a player of Stone’s caliber, Vegas can do so without hesitation.

Stone’s will now be tied (for the moment) for the 12th-highest cap hit  in the NHL next season, and puts him behind only Patrick Kane ($10.5MM) and Alex Ovechkin ($9.54MM) in terms of wingers. Nikita Kucherov and Jamie Benn also come in at $9.5MM. That puts a lot of pressure on him to continue producing, something that isn’t guaranteed even with his outstanding reputation around the league. His 64 points this season actually represents a career high, tying him with his total from 2014-15. While he’s obviously going to break that total given the month remaining in the season, the fact that he secured a contract like this without ever producing 65 points or 30 goals in a single season is impressive and speaks to just how valuable the Golden Knights believe him to be in other areas.

It’s not just on the ice that Stone has impressed. There was speculation in Ottawa that the winger would likely be the team’s next captain if he re-signed, and new teammates have already raved about how Stone stepped into a leadership role in Vegas right away. He’ll be asked to bring that and a lot more for the next eight years.

Photo courtesy of USA Today Sports Images

Mark Stone Extension Delayed, But Still Coming

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After Mark Stone was traded to the Vegas Golden Knights just minutes before the February 25th trade deadline, he admitted to have already worked out an extension with the team. That extension was to be for eight years and $76MM, but couldn’t be officially filed until March 1st because of the “tagging” issue of having more than the salary cap ceiling already committed to the next season. Then March 1st came and went with no extension, leading some to wonder if something had occurred to stop the deal from coming together.

Not to worry Golden Knights fans, as Renaud Lavoie of TVA Sports reports that the only reason the deal isn’t done was a personal issue that kept GM George McPhee out of town. Lavoie notes that McPhee wanted to be there in person, and that the deal will be filed in the next few days.

Stone hasn’t been able to score much for the Golden Knights so far, recording just one assist in his four games for the club, but that hasn’t stopped him from making an impact. The former Ottawa Senators forward has attempted 23 shots so far, getting 13 of them on net. That kind of volume is sure to garner some results in the near future, even if Stone is playing fewer minutes than he has the last few seasons. Vegas takes on the Calgary Flames tonight in a battle of Western Conference titans, a matchup that would be a perfect time for Stone to break out and tally his first goal as a Golden Knight.

Snapshots: Sheahan, Stone, Pearson, Desjardins

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While some expected the Panthers to flip recently-acquired center Riley Sheahan by the trade deadline, they opted to keep him around instead.  GM Dale Tallon told Walter Villa of the Miami Herald that he’s quite pleased with how the 27-year-old has performed so far and that they hope to bring him back for next season.  Sheahan is set to become an unrestricted free agent in July and is making $2.1MM this season.  With just 14 points in 62 games between Pittsburgh and Florida, it’s hard to imagine that it will cost considerably more to keep him around although his positional versatility certainly adds to his value.

Other news and notes around the league:

  • Mark Stone’s expected new deal with Vegas (which can be made official as early as Friday) is expected to carry a full no-movement clause. Don Brennan of the Ottawa Sun notes that this was something that the Senators were unwilling to put as part of their offer to keep the 26-year-old in the fold.
  • Canucks winger Tanner Pearson has had a rough season as he has struggled offensively and has been dealt twice now. He told reporters, including Postmedia’s Patrick Johnston, that he had been playing through an undisclosed injury since early December which had prevented him from producing like he did in the past although it wasn’t significant enough to take him out of the lineup.  After averaging 18 goals over each of the past three seasons, Pearson has scored just nine through 61 games so far in 2018-19.
  • With the deadline having passed, one of the questions in Los Angeles is once again the future of interim head coach Willie Desjardins. GM Rob Blake told Robert Morales of the Los Angeles Daily News that a decision on whether or not Desjardins will remain behind the bench for the Kings beyond this year will be made at the end of the season.  The team is 19-25-6 under Desjardins since he took over for John Stevens back in early November.

Florida Panthers Tried To Acquire Mark Stone

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The Florida Panthers have cleared a large amount of cap room this season by trading away players like Nick Bjugstad and Jared McCann, and many have speculated that they’ll use it in free agency on targets like Artemi Panarin and Sergei Bobrovsky. While that may be true, it didn’t stop the team from going after another big fish at the trade deadline. Head coach Dale Tallon tells George Richards of The Athletic (subscription required) that the team made a “good offer” to the Ottawa Senators to try and get Mark Stone before the talented winger eventually went to the Vegas Golden Knights.

Stone is expected to sign a long-term extension with the Golden Knights, something Richards believes the Panthers were also willing to do if they could acquire the 26-year old. It makes sense, given the cap room that Florida has and already exceptional talent up front to surround Stone with. Interestingly though the team already has Mike Hoffman in the fold, who was unceremoniously ushered out of Ottawa after a very public feud with former Senators captain Erik Karlsson. It’s obviously not clear where Hoffman and Stone stand, but it didn’t stop the team from trying to acquire the latter.

Tallon admits that the team will be “very aggressive” at the end of the season, using their draft capital and cap space to improve the team. With a forward core already consisting of Hoffman, Aleksander Barkov, Jonathan Huberdeau, Vincent Trocheck and Evgeni Dadonov the team has some real scoring punch. Adding a player like Stone or Panarin would make them even more dangerous, and with somewhere around $22MM in cap space (depending on where the ceiling lands) they have the room to do it and other things. The Panthers also own nine picks in the upcoming draft and could flip those for some more help.

At the very least, the fact that the Panthers were going hard to try and land a player of Stone’s caliber should be encouraging to the fan base. While this season hasn’t gone as hoped, there should be real excitement for an offseason that should be filled with fireworks.

2019 Trade Deadline Day Recap

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The trade deadline for the 2018-19 season has come and gone, with teams all around the league loading up for a Stanley Cup run. This year saw a nearly unprecedented level of skill available, though things got started quite early. Before deadline day, names like Matt Duchene, Brandon Montour, Mats Zuccarello, Charlie Coyle, Ryan Dzingel, Gustav Nyquist and Nick Jensen all switched teams. However, the day was no disappointment; a slow pace early on ended in fireworks right before the deadline and as deal trickled in right after. Below is a complete list of the 21 trades featuring all but seven of the NHL’s teams made on February 25th alone (chronologically):

To Anaheim Ducks:
D Patrick Sieloff

To Ottawa Senators:
F Brian Gibbons

 

To New Jersey Devils:
2022 fifth-round pick

To Columbus Blue Jackets:
G Keith Kinkaid

 

To Winnipeg Jets:
F Kevin Hayes

To New York Rangers:
F Brendan Lemieux
2019 first-round pick (top-3 protected)
2022 conditional fourth-round pick (if Winnipeg wins Stanley Cup)

 

To Montreal Canadiens:
F Jordan Weal

To Arizona Coyotes:
F Michael Chaput

 

To Florida Panthers:
F Cliff Pu
Future Considerations

To Carolina Hurricanes:
F Tomas Jurco (AHL contract)
Future Considerations

 

To Colorado Avalanche:
F Derick Brassard
2020 conditional sixth-round pick (no pick if Brassard re-signs)

To Florida Panthers:
2020 third-round pick

 

To Columbus Blue Jackets:
D Adam McQuaid

To New York Rangers:
D Julius Bergman
2019 fourth-round pick
2019 seventh-round pick

Read more

Vegas Golden Knights Acquire, Extend Mark Stone

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The Vegas Golden Knights have made their big deadline splash, acquiring Mark Stone from the Ottawa Senators according to several reports including Bob McKenzie of TSN. The Senators will receive prospect Erik Brannstrom, forward Oscar Lindberg and a 2020 second-round selection (DAL). Tobias Lindberg will also go to Vegas in order to even out the contract slots. Stone himself told TSN that he is close to an extension with the Golden Knights. The deal is expected to be an eight-year contract with an average annual value of $9.5MM. The extension will not be officially signed until March 1st due to the tagging rule.

Stone, 26, is one of the most dynamic two-way wingers in the entire league and is having another excellent season. With 62 points in 59 games he is on track to blow by his previous career-high of 64, and will pass the 30-goal threshold for the first time in his career. Not only is he an effective offensive player, but Stone has repeatedly proven to be an elite defensive winger and routinely creates turnovers by stripping opposing players of the puck. He has received Selke Trophy votes for the last four seasons, even finishing sixth in 2017 despite the award usually going to centers.

That kind of all-around talent is why Stone was so coveted at the deadline, and why the Senators tried desperately to sign him to an extension. Apparently that couldn’t be worked out for whatever reason so the team cashed in for the best package available. Brannstrom, the 15th-overall pick from 2017, is having an excellent season as a 19-year old in the AHL and has impressed every step of the way. With 28 points in 41 games for the Chicago Wolves there are few defensemen in the minor leagues that can carry the puck as well as the new Senators prospect, and he has been repeatedly compared to Erik Karlsson over the last few years. Obviously that will put huge expectations on the young defenseman, but Ottawa did well to land a prospect of his stature.

Still, it is surprising that the team did not secure a first-round pick along with Brannstrom given the reported ask in recent days. The Senators do now have a huge number of picks in the next few drafts but watched their top three scorers walk out the door in the last few days. They’ll have to build quickly as the 2021 timeline that owner Eugene Melnyk suggested for contention is coming fast.

Calgary Flames Came Close To Mark Stone Deal

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The Calgary Flames have been checking in on several players around the league, and according to Hockey Operations VP Don Maloney were close to “something big” last night. That’s what Maloney told Ryan Leslie of Sportsnet, which immediately sparked speculation about who that deal could have been for. Sportsnet colleague Chris Johnston tweets that Maloney was talking about Mark Stone, meaning the market for the Ottawa Senators winger has gotten even smaller.

That market likely already took a hit when the Jets struck a deal earlier today for Kevin Hayes, using their first-round pick and Brendan Lemieux to get it done. The Senators are expected to want several high end assets for Stone and Calgary apparently balked at that ask. If that’s true the Flames may turn their attention somewhere else, though several big names are already off the board.

Calgary is in prime position to compete for the Stanley Cup this season, and should be considered a contender on any forward left on the market. The fact that they were close on Stone means they are willing to at least entertain deals surrounding rentals, though will hold strong on the idea that they’re not going to sell the whole farm. Eric Francis of Sportsnet believes the prices might even be too high all around, leading the Flames to miss out on the “impact forward” they’ve been trying to acquire.

Ottawa Senators Scratch Ceci, Boedker As Team Tries To Move Them

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The Ottawa Senators still have Mark Stone left to trade before the deadline on Monday, but the team may be looking to make even more moves. According to Darren Dreger, the Senators have made defenseman Cody Ceci and forward Mikkel Boedker both healthy scratches for precautionary reasons, suggesting that the Senators are attempting to trade those two players before the deadline. In fact, Dreger adds there is quite a bit of interest in Ceci. The team even announced that it recalled defenseman Cody Goloubef from the Belleville Senators of the AHL.

Ceci is no surprise and has been talked about in the past as the 25-year-old has been a constant in Ottawa’s lineup for more than five years. Ceci has five goals and 20 points in 57 games this season, which is just six points away from a career-high. He averages 22:34 of ATOI per game, which is second on the team behind Thomas Chabot. With several teams looking for a right-shot defenseman, Ceci might be a valuable commodity for a team looking for a complete rebuild.

Boedker came over to Ottawa in the Mike Hoffman trade this summer, but the 29-year-old has struggled offensively as he has just six goals and 29 points in 54 games with the Senators after having a 15-goal campaign last season in San Jose. Regardless, he could provide a team with a solid bottom-six depth option who has some special teams skills as well. Boedker, however, still has one more year on his contract at $4MM, which some teams might not be that interested in picking up unless Ottawa is willing to retain some salary.

Latest On Mark Stone Trade Talks

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Trade chatter continues to increase surrounding the Ottawa Senators and Mark Stone, but TSN’s Bob McKenzie writes that while it may be a longshot, the Senators haven’t ruled out attempting to sign Stone to an extension. Of course, it would require Ottawa owner Eugene Melnyk to make a bigger offer to Stone and it would require the 26-year-old to actually agree to stay in Ottawa, both which seem unlikely at this point.

Regardless, while the team is still hoping for a positive outcome, McKenzie adds that general manager Pierre Dorion remains focused on trading Stone and reports that the Winnipeg Jets, Nashville Predators, Calgary Flames and the Boston Bruins remain the most interested teams, although Ottawa is talking to other teams as well.

The Jets have been mentioned for quite a while and have discussed moving their first-rounder as well as forward Jack Roslovic for starters, but will likely need to offer another significant prospects as well to net him, while Nashville has made it clear they will not be moving prospect Eeli Tolvanen in a rental situation, but are open to moving out some of their other prospects and have quite a bit of young depth ready who could immediately step into Ottawa’s lineup.

Other teams have made it clear they would want to know whether Stone would be willing to sign a long-term deal with them. TSN’s Pierre LeBrun writes that he believes the Calgary Flames would only be interested in acquiring Stone if they believe he will sign an extension with them. The problem is that Calgary would need to send Ottawa some salary back as part of any trade as the team only has $5.77MM in cap room to make a deal, well short of the $7.35MM that Stone makes.

The cost for Stone is currently considered to be very high, suggesting that a Stone trade may go down to the wire as teams will wait for the price to go down. Regardless, McKenzie writes that a potential long-drawn out process shouldn’t slow down other trades as many teams, who feel that they’ve been priced out will likely refocus their sights on New York Rangers’ Mats Zuccarello or New Jersey Devils’ Marcus Johansson.

Senators, Devils Hold Top Trade Candidates Out Of Lineup

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The match-up between the Ottawa Senators and New Jersey Devils tonight could have somewhat of a preseason feel. When two of the NHL’s three worst teams face off, they will do so without many of their top players. Matt Duchene, Mark Stone, and Ryan Dzingel will not dress for Ottawa and neither will Marcus Johansson and Ben Lovejoy for New Jersey.

Both teams have confirmed that the scratches are “precautionary”, but seeing as all five are impending unrestricted free agents rumored to be on the trade block with the NHL Trade Deadline just four days away, it is easy to read between the lines. While the likes of Duchene and Johansson have been confirmed as on the market and likely to be traded, speculation is set to soar about Stone and Dzingel, as well as Lovejoy. Case in point: TSN’s Frank Seravalli has moved Stone up to No. 1 on the TSN Trade Bait List following this news, stating that “sitting out signals his apparent decision to forego a contract extension with the Senators in favour of testing the open market.” Stone and Duchene are now occupying the top two spots on the list, with Dzingel at No. 9. For New Jersey, Johansson comes in at No. 14 and Lovejoy at No. 41. Tonight’s lineup decisions indicate all five could be headed elsewhere in the coming days.

Fans in attendance tonight will likely be disappointed by the lack of star power, but not as much as the scouts in attendance. TSN’s Gord Miller notes that the many scouts still evaluating Ottawa’s big three – who make up 41% of their scoring this season – will likely be frustrated by the absence of not just Duchene, who sat out last game, but also Stone and Dzingel. This includes the Winnipeg Jets, who have been frequently linked to the Senators’ stars. NJ.com’s Chris Ryan reports that the Jets have three scouts in attendance, yet no Ottawa stars to observe. Ryan states that ten teams have scouts in attendance and some were likely there to see Johansson and/or Lovejoy as well, but instead will only see sellers protecting their assets.

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