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Maxim Letunov

Minor Transactions: 09/12/22

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Hockey is so close you can taste it. In less than a month, regular season games will be happening for the 2022-23 campaign and the long grind toward the Stanley Cup will have started. Over the next few weeks, we’ll keep track of all the notable minor signings to see where minor league and fringe players will ply their trade this season.

  • Jake McGrew, who was not issued a qualifying offer by the San Jose Sharks earlier this summer, has signed with AIK in Sweden for the upcoming season. The 23-year-old sixth-round pick spent most of last season with the San Jose Barracuda, scoring 12 goals and 23 points in 57 games. Now an unrestricted free agent, he’ll try to continue his development overseas.
  • Maxim Letunov, dealt to the New York Rangers at the deadline in exchange for Tarmo Reunanen, has signed with Torpedo Nizhny Novgorod of the KHL after becoming a Group VI unrestricted free agent this summer. Letunov, 26, played three games in the NHL with the San Jose Sharks in 2019-20 and scored one goal.
  • Adam Johnson, last seen with the Lehigh Valley Phantoms of the AHL, has signed with the Augsburger Panther in the DEL. The 28-year-old forward has 13 NHL games to his name, all of them with the Pittsburgh Penguins, who signed him in 2017 out of the University of Minnesota-Duluth.

This page will continue to be updated with any further transactions. 

Carolina Hurricanes Acquire Tarmo Reunanen

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The AHL trade deadline frenzy continues, this time with the Carolina Hurricanes adding some interesting defensive depth from the New York Rangers. The Hurricanes have acquired Tarmo Reunanen in exchange for Maxim Letunov. Because this deal was done after the NHL trade deadline, both players are no longer eligible to play in the NHL this season. They can however continue to play in the AHL, where they will report to their new teams.

Reunanen, 24, is in the final year of his entry-level contract, originally signed with the Rangers in 2019, and will be a restricted free agent at the end of the season. The fourth-round pick actually played in four NHL games last season, but has been limited to minor league action this time around, recording 17 points in 40 games with the Hartford Wolf Pack. He’ll now join the Chicago Wolves, who happen to be the best team in the AHL so far, sitting first in the Central Division with a 39-11-10 record.

This is an interesting move for the Hurricanes because of Reunanen’s contract status, even though he could potentially return to Finland in the offseason. Adding an RFA for Letunov, who will be a Group VI unrestricted free agent at the end of the year, seems like at the very least a nice swap of assets for Carolina.

The 26-year-old Letunov has been a good minor league player over the last few years, but has seen his offensive output drop considerably this season. In 60 games with the Wolves he had just 23 points, something that will be easily replaced by Richard Panik, who was also loaned to the team today from the Bridgeport Islanders.

That’s not to say the Hartford Wolf Pack are throwing in the towel, though. Letunov was a second-round pick in 2014 and has shown a scoring touch in the past, even reaching 40 points in 50 games during the 2019-20 season. That same season he managed three games with the San Jose Sharks, where he scored his first (and only) NHL goal. With Hartford still firmly in the playoff chase in the AHL’s Atlantic Division, he should help their offensive output down the stretch.

25 Players Clear Waivers

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October 3: The New Jersey Devils claimed Mason Geertsen on waivers, per Sportsnet’s Elliotte Friedman. All other players cleared.

October 2: As expected, it’s another busy day on the waiver wire today as Chris Johnston of the Toronto Star and TSN reports (Twitter link) that the following 26 players have been placed on waivers:

F Cavan Fitzgerald (CAR)
F Maxim Letunov (CAR)
F Sam Miletic (CAR)
F Andrew Poturalski (CAR)
F Spencer Smallman (CAR)
F Brayden Burke (LA)
D Kale Clague (LA)
F Martin Frk (LA)
D Jacob Moverare (LA)
G Garret Sparks (LA)
F T.J. Tynan (LA)
F Lukas Vejdemo (MTL)
D Mason Geertsen (NYR)
G Antoine Bibeau (SEA)
D Connor Carrick (SEA)
D Cale Fleury (SEA)
D Gustav Olofsson (SEA)
F Tanner Kaspick (STL)
F Matthew Peca (STL)
F Nolan Stevens (STL)
G Maxime Lagace (TB)
C Otto Somppi (TB)
D Daniel Walcott (TB)
F Shane Gersich (WSH)
D Lucas Johansen (WSH)
D Dylan McIlrath (WSH)

A pair of young defensemen stand out among the long list of those available.  Clague played in 18 games with the Kings last season, recording six assists while logging over 17 minutes a night.  A productive scorer in junior, the 2015 second-rounder hasn’t been able to lock down a regular roster spot in the NHL yet but at 23, it wouldn’t be surprising if a team took a chance on him.  Fleury was selected from Montreal in expansion by the Kraken and while he didn’t see any NHL action last season, he played in 41 games with the Canadiens in 2019-20 on their third pairing.  With Montreal losing Sami Niku to a concussion on Friday night, they might be interested in a reunion.

Up front, Frk has had some success in limited NHL opportunities, notching six goals in 17 games with the Kings in 2019-20 and had a 25-point season with Detroit in 2017-18.  Poturalski led the AHL in scoring last season with 43 points in 44 games with AHL San Diego and had 70-point campaign with Charlotte in 2018-19.

Teams will have until 1 PM CT on Sunday to place a claim on any of these players.

Carolina Hurricanes Sign Max Letunov, Alex Lyon

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Saturday: The Hurricanes have officially announced Lyon’s deal at the previously-reported terms.  The deal will carry a guaranteed payout of $250K.  Letunov’s deal was later confirmed as well and carries a $140K guarantee.

Friday: The Carolina Hurricanes just keep signing players. Since the free agent market opened on Wednesday, the ’Canes had already signed ten players. Make that a dozen now, as CapFriendly reports two new additions to Carolina’s list of newcomers. Forward Max Letunov and goaltender Alex Lyon have each signed one-year, two-way contracts worth the minimum $750K. Lyon will make $200K in the AHL, while Letunov will make $100K.

Lyon, 28, is entering a Carolina net situation that is completely new and different. Gone is the trio of Petr Mrazek, James Reimer, and Alex Nedeljkovic and arriving are Frederik Andersen, Antti Raanta, and now Lyon as the presumptive No. 3. The former Philadelphia Flyer will have to watch his back though; well-regarded prospects Eetu Makiniemi and Beck Warm are also expected to compete for AHL starts. Lyon brings valuable experience to the depth chart however. In four pro seasons, though never beginning the year on the NHL roster, Lyon played in 22 games with the Flyers, as well as nearly 150 career AHL appearances. Given the age and inconsistency issues of the Hurricanes’ new tandem, Lyon could easily make an NHL appearance for a fifth straight year.

Letunov, 25, is less likely to play a critical depth role for Carolina this season, but is a nice option for the team to call on. A star at the University of Connecticut, Letunov has produced in three AHL seasons as well, but it only earned him three games with the San Jose Sharks. The Russian product was a second-round pick back in 2014 due to his impressive skill, but has yet to show a complete game that will keep him in an NHL lineup. The Hurricanes could do far worse for a short-term top-nine injury replacement though.

COVID Protocol Related Absences: 01/13/21

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As reported earlier, beginning today, and each day for the remainder of the 2020-21 season, the NHL will be sharing the names of players who are “unavailable” to play or practice due to any number of factors that place them under the league’s COVID-19 Protocol. Here is the list of players for today, Wednesday, January 13:

F Lawson Crouse, Arizona Coyotes
F Karson Kuhlman, Boston Bruins
D Erik Johnson, Colorado Avalanche
F Mikko Koivu, Columbus Blue Jackets
D Christian Djoos, Detroit Red Wings
F Darren Helm, Detroit Red Wings
F Gaetan Haas, Edmonton Oilers
F James Neal, Edmonton Oilers
D Markus Nutivaara, Florida Panthers
D Kurtis MacDermid, Los Angeles Kings
G Cal Petersen, Los Angeles Kings
D Sean Walker, Los Angeles Kings
G Alex Stalock, Minnesota Wild
F Mikael Granlund, Nashville Predators
D Luca Sbisa, Nashville Predators
F Justin Richards, New York Rangers
D Shayne Gostisbehere, Philadelphia Flyers
F Kasperi Kapanen, Pittsburgh Penguins
F Maxim Letunov, San Jose Sharks
D Jordie Benn, Vancouver Canucks
F J.T. Miller, Vancouver Canucks
F Nikolaj Ehlers, Winnipeg Jets

*NOTE: The league declined to list any specific members of the Dallas Stars at this time. The team is currently recovering from an extensive breakout.

Sharks Re-Sign Four Players

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San Jose’s busy day continues.  After acquiring Devan Dubnyk and Ryan Donato in separate trades from Minnesota, CapFriendly reports in a series of four tweets that they’ve re-signed center Maxim Letunov, defensemen Jacob Middleton and Nicolas Meloche, plus winger Jayden Halbgewachs.

Letunov’s one-year, two-way deal pays $700K in the NHL and $140K at the minor league level.  Middleton receives a two-year, two-way pact worth $700K in 2020-21 and $750K in 2021-22 while paying him $225K in the minors both years.  Meloche received a one-year, two-way deal worth $700K in the NHL and $100K in the minors while Halbgewachs signed for two years at the league minimum in the NHL ($700K and $750K) while getting $150K and $200K in the minors.

Letunov made his NHL debut this past season, getting into three games with the Sharks where he scored his first career goal.  He was also quite productive in the minors, leading the Barracuda in scoring with 12 goals and 28 assists in 50 games, beating his numbers from his rookie season.  The 24-year-old is still waiver-exempt but should push for more NHL ice time next year.

Middleton played in 10 games with the Sharks this season, logging just shy of 11 minutes a night on their back end.  Most of his campaign was also spent in the minors where he played in 32 games with the Barracuda, recording a goal and five assists.  With Brandon Davidson and Dalton Prout both eligible for unrestricted free agency this week, the 24-year-old should move up a couple of notches on the depth chart.

Meloche, 23, has been a stay-at-home defenseman over his three professional seasons but has yet to suit up in the NHL.  He was acquired by San Jose last September from Colorado for goaltender Antoine Bibeau and had seven assists in 41 AHL games this past season.

As for Halbgewachs, he was a dominant scorer in the WHL with seasons of 101 and 129 points and has spent the last two years with the Barracuda.  He finished only behind Letunov in scoring in the minors this past season with 19 goals and 16 assists in 55 games, equalling his rookie point total in nine fewer games.  Like Letunov, the 23-year-old also has one more year of waiver exemption but should push for a chance to be recalled at some point in 2020-21.

Free Agent Focus: San Jose Sharks

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With free agency now less than a month away, many teams are already looking ahead to when it opens up.  There will be several prominent players set to hit the open market while many teams have key restricted free agents to re-sign.  While cap space remains an issue in San Jose, this is not the year that their free agents are likely to break them. The team does have a key restricted free agent to sign, but the team must decide what unrestricted free agents they want to bring back after a disappointing 2019-20.

Key Restricted Free Agents

F Kevin Labanc – The only significant restricted free agent the team needs to sign is Labanc, who surprised quite a few people when he signed a one-year, $1MM bargain contract last offseason with many expecting he took a low deal with the assumption he would be rewarded with a long-term deal the following year. We’ll see if that’s the case, but Labanc’s production didn’t jump off the charts like many had hoped. In fact, the 24-year-old finished with a disappointing 2019-20 season, posting just 14 goals and 33 points in 70 games, significantly less than the 56 points he produced the previous year. What type of contract Labanc receives will be interesting to see, but the forward is still considered to be a significant piece to their core and must return to his 2018-19 form if the team hopes to improve on its dismal season last year.

F Antti Suomela – The Sharks are hoping to bring back the 26-year-old back as a potential fourth-line center, but the Finnish center spent most of his season in the press box in San Jose as the team’s extra forward. He managed to appear in 20 games with one goal and seven points, serving mainly as the team’s fourth-line center. With plenty of questions marks down the team’s middle, Suomela has every chance to prove he deserves a more significant role.

Other RFAs: F Jonathan Dahlen, F Jayden Halbgewachs, F Maxim Letunov, D Nicolas Meloche, D Jacob Middleton, D Jeremy Roy, G Andrew Shortridge, D Tony Sund, F Manuel Wiederer.

Key Unrestricted Free Agents

F Joe Thornton – The Sharks have made it quite clear that if Thornton wants to return next season, he’s welcome to. So, the question isn’t whether the Sharks want him, but whether Thornton wants to return. The 41-year-old made it clear at the end of the season that he would like to have a chance to win a Stanley Cup before his career ends. That seems unlikely to happen, which could suggest that Thornton may be more interested in joining a legitimate cup candidate for 2020-21. He was hoping to be traded to a contender at the trade deadline, but the team wasn’t able to find the right trade partner. Regardless, with the questions up the middle, the Sharks wouldn’t mind bringing back their heart and soul of the team despite his declining production. He did remain healthy all season, but produced one of his lowest totals since his rookie campaign in Boston back in 1997-98 with just 31 points.

F Melker Karlsson – The long-time bottom-six forward could be looking for another team as the Sharks must decided whether Karlsson’s lack of numbers is worth holding onto. Solid on the penalty kill, Karlsson’s three-year $6MM contract is now up and it’s likely the team might be ready to move on from him after scoring just six goals last season, his lowest numbers ever. Even his hits saw a major decline. If they do bring him back, expect it to be at a much lower AAV.

G Aaron Dell – After two impressive years in net in San Jose, the next two seasons have been less impressive. It’s likely that Dell will be asked to move on as the team attempts to find a better tandem fit with Martin Jones now that they announced the will not buy him out. Dell got more appearances this year with a career-high 33, but a 3.01 GAA and a .907 save percentage wasn’t what the team was looking for while Jones’ struggled. Expect Dell to find a backup job elsewhere in the league.

Other UFAs: F Jonny Brodzinski, D Brandon Davidson, F Anthony Greco, F Stefan Noesen, D Dalton Prout.

Projected Cap Space

Unfortunately for the Sharks, the team doesn’t have some of the cap advantages that other lottery teams possess (or the lottery pick, for that matter). The team has about $67.4MM committed to just 16 players, so there isn’t too much money remaining for the team to fill the rest of its roster spots. Regardless, they will likely dip into the free-agency pool a little bit to bolster a depleted roster, but will most likely have to focus on improving their defense and adding a more reliable goaltender who take take some of the pressure off of Jones.

Photo courtesy of USA Today Sports Images.

Minor Transactions: 02/25/20

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Roster limits are no longer a problem for teams around the NHL, meaning several veterans from the minor leagues will likely find themselves back up for the stretch run instead of floundering in the AHL. Paper transactions were all the rage yesterday because they made young talent eligible for minor league playoffs, but many should be back up today.

  • The San Jose Sharks have recalled Maxim Letunov and Lean Bergmann, giving them a 23-man roster again after trading several names yesterday. The next few weeks for the Sharks are all about prospect evaluation, finding out who can do what for next season.
  • Kevin Gravel has been returned to the minors by the Toronto Maple Leafs after filling in at practice yesterday. The Maple Leafs are expected to give Timothy Liljegren and Rasmus Sandin an increased role down the stretch, though Morgan Rielly and Cody Ceci were both spotted skating yesterday.
  • Dillon Dube has been sent back to the minor leagues by the Calgary Flames, making room for a couple of defensemen they added at the deadline. Dube has played 38 games for the Flames this season and will likely be back up soon.
  • A couple of players that were acquired yesterday, Daniel Sprong and Fredrik Claesson have been sent to the AHL right away. The pair will suit up for the Hershey Bears and Binghamton Devils respectively for the time being.
  • Following an injury to Columbus Blue Jackets goaltender Elvis Merzlikins last night, Matiss Kivlenieks has been recalled under emergency conditions. The Blue Jackets just can’t catch a break, losing two more players to injury in Merzlikins and Riley Nash.
  • After playing a man short last night, the Ottawa Senators have recalled Filip Chlapik from the minor leagues. The team now has 14 forwards on the roster, at least provided Rudolfs Balcers equipment has finally arrived.
  • Justin Dowling has been loaned to the AHL for a conditioning stint, allowing him to get into some action for the first time in a month. Dowling has six points in 27 games for the Stars this season.
  • After being papered yesterday, Nicolas Roy and Zach Whitecloud have been recalled again from the minor leagues. Both players will be eligible for AHL playoffs if the Vegas Golden Knights decide to send them down.

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.

Salary Cap Deep Dive: San Jose Sharks

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Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

San Jose Sharks

Current Cap Hit: $75,119,584 (under the $79.5MM Upper Limit)

Entry-Level Contracts

F Dylan Gambrell (one year, $925K)
F Timo Meier (one year, $894K)
F Maxim Letunov (one year, $833K)
F Kevin Labanc (one year, $718K)

Potential Bonuses

Meier: $850K
Gambrell: $425K
Labanc: $183K

Total: $1.46MM

The team has gotten great play from their youth in the last couple of years as several players have taken that next step and become regular contributors to the Sharks’ lineup. Meier may be one of the best as the 21-year-old broke out with a 21-goal season last year. The ninth-overall pick in the 2015 draft looks ready to continue a top-six role and perhaps become a key contributor there for many more years. Meier is also playing for a big payday, so if he can take that next step and develop into a 30-goal winger, he would be heading in the right direction.

Gambrell only managed to appear in three games for the playoff-bound Sharks after he signed out of the University of Denver. The 22-year-old center is likely to force his way into a forward role in the bottom-six after he posted three straight 40-point seasons in college. Labanc, who had struggled with consistency in previous years with San Jose, finally broke into a full-time role with San Jose and produced 11 goals and 40 points. He could be primed for an even bigger year, just in time as his entry-level deal will run out.

One Year Remaining, Non-Entry-Level

F Joe Pavelski ($6MM, UFA)
F Joe Thornton ($5MM, UFA)
F Joonas Donskoi ($1.9MM, UFA)
F Marcus Sorensen ($700K, UFA)
F Barclay Goodrow ($650K, RFA)
D Joakim Ryan ($650K, RFA)
D Tim Heed ($650K, UFA)

Much of the Sharks success in the next few years will come down to the play of Thornton and Pavelski, two players that have helped carry the team during their years of success. Both players are on their final year of their deal. Thornton signed a one-year deal and only time will tell whether he will continue that career at age 39. Despite suffering a torn MCL in January, he still posted solid numbers, scoring 13 goals and 36 points in 47 games. His days of posting 80 points are likely over, but if he can prove he can still produce, he could be back for several more one-year deals. Pavelski is another matter. The 34-year-old is starting to decline, but likely wants to ink one last long-term deal. While it makes sense that both sides will eventually come to an agreement, much is depending on the success that Pavelski has this season as well.

Donskoi shows improvement as well, posting a career-high 14 goals last season. His play improved to the point that he got some playing time on the first line as he generates shots as the team attempted 53.73 percent of five-on-five shots, while the team shot just 49 percent without him on the ice.Read more

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