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Evening Notes: Stepan, Dallas D, Schmaltz

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One of the main reasons the Arizona Coyotes made their big offseason trade in which they traded the seventh overall pick in this year’s draft and prospect defenseman Anthony DeAngelo to the New York Rangers was to acquire Derek Stepan. According to Jim Cerny of Sporting News, the Coyotes have high hopes the center will provide much-needed offensive help, but what the team is also looking for is  to have him lead their young team.

With 515 games of experience under his belt (and 97 more in the playoffs), the 27-year-old already has plenty of experience. And while no captain has been announced, Stepan is among a short list of candidates for it. Arizona has a number of young potential forwards under 23 years, including Clayton Keller, Dylan Strome, Max Domi, Brendan Perlini, Christian Dvorak, Christian Fischer, Anthony Duclair and Lawson Crouse.

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“I’ll try to do what I do best, play a 200 foot game, try to make the guys around me better, and try to be a leader for these young guys,” said Stepan. “When I was a young guy, I had older guys do it for me, and I want to do the same thing for them. Hopefully I can step in and help in all aspects.”

 

Overpriced: The Worst Contracts Of 2016-17

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Recently we took a look at some of the best contracts in the league based on cost-per-point, and which off-season contract would hold that title this year. Patrick Sharp easily won the poll, and could provide great value on his $800K contract ($1MM with performance bonus). Among players still signed, excluding entry-level deals, Jon Marchessault has a good chance to repeat if he’s given the opportunity in Vegas. He was one of the brightest spots for Florida last year, after agreeing to a two-year deal that pays him just $750K per season. Patrick Sharp

So what about the other side of the spectrum? Who are the most expensive players relative to their performance in the NHL? Luckily CapFriendly has a helpful tool that not only lists the per-point cost, but can standardize it to what it would have cost had the player spent 82 games in the NHL. That way a player like Milan Michalek who scored just one point won’t be penalized for the fact that he was buried in the minors all year.

As one would expect, this list is led by a glut of defensive defensemen who are paid more for what they do in their own end than their offense. Still, you can see how teams can get in trouble with players like Josh Gorges and Marc Staal costing more than $500K per point this season. The two combined for 16 on the year.

Interestingly another Buffalo defender is high on the list, as Dmitry Kulikov recorded just five points all season. Despite that $497K cost-per-point rate, he still locked down a deal that will continue to pay him $4.33MM for the next several years. He’s a bounce-back candidate for sure, but it was surprising to see his terrible year not affect his price tag.

If you eliminate defensemen, the picture becomes even uglier. Regardless of role, forwards are still expected to contribute at least somewhat on offense, especially those who earn hefty contracts. Andrew Desjardins leads the pack among players who spent the majority of the season in the NHL, scoring just a single point in his 46 games. He only cost the team $800K though, which means Carl Soderberg takes the cake as the worst contract in the league*.

Carl SoderbergSoderberg was paid $4.75MM last season and recorded just 14 points. He’s not expected to be a huge offensive producer, but the fact that Colorado had to pay more than $330K per point this season was ridiculous. His fall off was immediate and precipitous, as he’s just a year removed from a 51-point year, but if he can’t climb back up the three remaining years on his contract look about as bad as they come. His no-trade clause has dropped to just a list of 10 teams he can’t be traded to, but if his production continues he’s more likely a buyout candidate than anything else.

Interestingly, not too far down the list is Bobby Ryan who at $7.8MM is one of the highest-paid players in the league. His 25-point season is completely unacceptable, though many will forget it due to his postseason performance. Ryan recorded 15 points in 19 playoff contests, but is now entering his thirties with five more years on his deal. Perhaps he was playing with an injury, or it’s just an aberration, but Ryan is expected to post nearly double his regular season performance. While he’s clearly not a 30-goal scorer any longer, 13 is just not acceptable.

So who will lead the list this year? Well, early favorites may be Tomas Plekanec in Montreal, who still has a cap-hit of $6MM this season and will play the year at age-35, and Marian Gaborik coming off an injury and turning 36 during the year. Even the new signing of Patrick Marleau to a $6.25MM cap hit could easily backfire for the Maple Leafs, and end up being the most expensive per-point forward in the league.

*Bryan Bickell’s $4MM deal could have been listed as the worst contract, though he was omitted due to his diagnosis of multiple sclerosis. Had Bickell been healthy enough to play he likely still could have ended up at the top, but that is far from certain.

Photos courtesy of USA Today Sports Images

Performance Bonuses Around The League

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In the NHL, there are only a few ways you are allowed to have performance bonuses included in your contract. One way is to be on an entry-level contract, of which almost every one contains some sort of incentive. Young players can earn either Schedule A or B bonuses for various performance markers, though the really big numbers are only usually given out to the very highest of draft picks. Even Mitch Marner for instance, drafted fourth overall in 2015 can only earn up to $850K each season and doesn’t have any Schedule B bonuses in his deal.

The other contracts that can include bonuses are more rare, and they’ll be the focus of this article. These can be given out to players who sign a one-year contract after they turn 35, or a one-year deal coming off a substantial injury (the qualifications for such an injury are that they have already played at least 400 games in their career, and spent at least 100 days on injured reserve in the final year of their previous contract). Many of these have been given out, and we’ll detail them here.

Radim Vrbata – Florida Panthers Radim Vrbata

Vrbata was given a one-year deal with the Panthers this summer after a solid season with the Arizona Coyotes, and will earn $2.5MM in guaranteed salary. He also can earn a total of $1.25MM more through performance bonuses:

  • $250K for 10th goal
  • $250K for 15th goal
  • $250K for 20th goal
  • $250K for 45th point
  • $250K for making playoffs

Mark Streit – Montreal Canadiens

Streit was given a $700K contract from the Montreal Canadiens just this week to add some extra depth to a defense corps that was losing Andrei Markov. His deal includes $300K of unknown performance bonuses, that could take the total contract to $1MM.

Johnny Oduya – Ottawa Senators

Oduya earned a one-year $1MM contract from the Ottawa Senators, and while it’s not clear where he fits in exactly on the blueline he could earn much more should he find a prominent role. The deal includes $1.25MM of performance bonuses:

  • $250K for 41st game played
  • $250K for 65th game played
  • $250K if ranked in top-5 TOI for Ottawa defensemen
  • $250K if ranked in top-3 TOI for Ottawa defensemen
  • $250K for making playoffs

Chris Kunitz – Tampa Bay Lightning

Kunitz is looking for his fifth Stanley Cup this season with the Lightning, who gave him a one-year $2MM contract. The former Penguin can earn another $1MM in various unknown ice-time bonuses, likely tied to where he ends up among Lightning forwards.

Patrick SharpPatrick Sharp – Chicago Blackhawks

Sharp is returning to his old stomping ground this year after the Blackhawks signed him to a one-year $800K contract, but there is no guarantee he plays much of the season. Sharp’s been hurt by several injuries the last few seasons, and because of it Chicago included a $200K bonus for playing just ten games this year.

Mike Cammalleri – Los Angeles Kings

Cammalleri was bought out by the New Jersey Devils this spring, only to immediately find a new home with the Kings on the west coast. His $1MM contract has an additional $200K in performance bonuses, though the exact details are still unknown.

Deryk Engelland – Vegas Golden Knights

When the Golden Knights signed Engelland after the expansion draft, they were bringing back someone who knew the city and could help their young players get acclimated to their new surroundings. They signed him to a one-year deal worth $1MM, but it also includes another $1MM in unknown performance bonuses.

Thanks to CapFriendly for many of the performance bonus details.

Blackhawks Notes: Sharp, Saad, DeBrincat

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The Chicago Sun-Times’ Mark Lazerus (along with various Chicago media) tweeted quite a bit from the beginning of the Blackhawks Fan Convention as players and personnel were available to the media. It was a reunion of sorts as two former players returned to field questions. Patrick Sharp returns to the place where he saw much success, saying that he had some of his “best years” playing for Joel Quenneville in Chicago. Lazerus tweets that Quenneville could use Sharp with Jonathan Toews, and to expect the veteran winger to see top six minutes, which may not thrill some fans.  Brandon Saad confirmed that he would be on a line with Toews, which was the belief of many after Stan Bowman swung a deal to re-acquire the forward. The Athletic’s Scott Powers tweeted video of different interviews which included Quenneville, Patrick Kane talking about the Panarin trade, and Sharp’s return to Chicago.

  • Several hockey analysts are “tapping the brakes” when declaring Blackhawks prospect Alex DeBrincat as the next big thing. The Hockey News’ Jared Clinton and Chicago SportsNet’s Tracey Myers both covered this, with Clinton adding onto Myers’ analysis.  First, the salary cap limits who the Hawks can add to the roster, and the only player as of now who can shuffle to the AHL without passing through waivers is Nick Schmaltz. Should Marian Hossa go onto the LTIR, more than enough money would be available for many in Rockford to go onto the roster. Second, head coach Joel Quenneville isn’t exactly one to hand out ice time to kids. Clinton notes that DeBrincat is only 19, and the only players under 21 to see significant ice time during Quenneville’s tenure were Kane and Toews. Of course, Clinton notes, Toews was the captain and Kane was a budding superstar. Further, Clinton writes that Schmaltz, considered one of Chicago’s best prospects, struggled to stay in the lineup last season, showing that cracking the NHL lineup and then staying on it is far more difficult than it appears. Realistically, Clinton believes that the Hawks have the luxury to “over-season” players and allow them time to grow into a role–something that DeBrincat may very well do.

The Prettiest And Ugliest Contracts Of July 1

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Although hindsight is usually the only way to be certain as to when a deal flops, it seems reasonable to make an immediate assessment as to what deals will backfire or pay dividends. Today was a far more reserved July 1st than the league has accustomed itself to, but there are still a few contracts that stick out – for better or for worse.

 

Pretty: Patrick Sharp – Chicago Blackhawks – $800,000, 1 year.

This doesn’t seem fair. Chicago has been trapped in cap jail, and suddenly, here arrives a productive asset at nearly no cost. Sharp, coming off an injury-filled season, is coming back to the Windy City at a dirt-cheap rate. If he can even find half of the production he had during his last outing, this is a monumental steal. There’s no risk here, and a ton of upside. He still has the hands and hockey IQ to contribute.

Ugly: Steve Mason – Winnipeg Jets – $4,1 MM per, 2 years

Winnipeg was seemingly the last team standing when the music stopped playing. With a goaltending market that inspired no one, the Jets decided today to place their faith in Steve Mason. Coming off a .908 save percentage year, it’s hard to see him doing much worse. But behind the Winnipeg defense, it’s hard to see him doing much better. The pricetag is what really seals this as poor value relative to play. Luckily, if things don’t pan out, it’s only for two seasons. Connor Hellebuyck better prepare himself just in case. Taken in tandem with the highly questionable Dmitry Kulikov contract, GM Kevin Cheveldayoff maybe should have taken the day off.

Pretty: Radim Vrbata – Florida Panthers – $2.5 MM per, 1 year

Vrbata is absolutely a top-six winger, and he was signed for bottom-six money. He can assist a powerplay, and slot up and down a lineup as needed. Florida desperately needed to re-coup some scoring on the cheap after letting so many of their top point-getters walk or be lost to Vegas. With bonuses added in, this becomes a good prove-it deal for Vrbata as well. Solid value was found here for both parties and for a 20 goal, 55 point player, Florida will happily run away from this one.

Ugly: Trevor Daley – Detroit – $3.18MM per, 3 years

Daley was bereft of ice time in these playoffs, and he was competing with some really underperforming defensemen. It’s not like he had a good regular season either – his Corsi For % fell off a proverbial cliff (53.7 to 46.1), and the eye test certainly agreed. He put up decent points, 5 goals and 14 assists through 56 contests, and he can still skate well enough. But long are the days where he can make a difference on special teams or drive an offense with confidence. His turnover rate and inconsistency are not what Detroit needed to stabilize the back-end, and Daley will be 36 at the conclusion of the deal. The last time Daley cut a lucrative free agent deal, Chicago had to offload him due to poor play.

Pretty: Kevin Shattenkirk – New York Rangers – $6.65MM per, 4 years

The money could end up being a slight overpayment, but at the moment it is solid value. Shattenkirk finished 4th in points among defensemen last season and St. Louis never looked the same after he left. He could instantly and single-handedly transform the Rangers’ defense from the jumbled mess they were last season. He will reliably feed the puck to the forward group, and be the quarterback of the Ranger powerplay. What makes this a beautiful deal, however, is the term. If Shattenkirk has a bad year or doesn’t fit the system, New York is not on the hook for eternity. One of the biggest pitfalls in free agency with the bigger names is offering far too many years on contracts. Time and time again, it burns teams who were looking to attract a big fish. GM Jeff Gorton deserves credit here for not going insane with the length, although he was helped by Shattenkirk’s strong desire to return home.

Ugly: Dan Girardi – Tampa Bay – $3 MM per, 2 years

Nothing about this deal makes sense. Girardi earned his buyout from New York through brutal play and horrible possession numbers. Of all the NHL defensemen who played more than 40 games, only Rasmus Ristolainen of Buffalo and Luke Schenn of Arizona had worse Corsi Against per 60 minutes – Girardi finished with 65.11 (versus a 51.67 CF60). By no metric other than shot blocks was he an effective player. He might be worth a flier in hopes of regaining form, but he’s not worth much more. This agreement is made even worse by the fact that Girardi will be stealing valuable playing time from a solid young defenseman like Slater Koekkoek or Jake Dotchin. Combined with the Chris Kunitz signing, this is a team that didn’t get any younger, or any better.

Chicago Blackhawks Bring Back Patrick Sharp

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As indicated by reports this morning, the Chicago Blackhawks have indeed signed Patrick Sharp. After a two-year hiatus with the Dallas Stars, the three-time Stanley Cup winner is back home in Chicago to the tune of just $1MM. TSN’s Bob McKenzie reports that the deal is for one year and carries an $800K base salary with $200K in bonuses for games played.

This could be quite the steal for the Blackhawks, given that Sharp scored 78 points in his last fully healthy season in Chicago. While Sharp struggled with injuries and inconsistency last season in Dallas, he posted 55 points in his first season with the team the year before and another 43 in just 68 games in his final season in Chicago. Armed with a top-end shot, Sharp was always the beneficiary of great offensive linemates on the Blackhawks and there is no reason to think he won’t excel again, even if he has lost a step.

Sharp becomes the second player this week to re-join the Blackhawks after the team re-acquired Brandon Saad from the Columbus Blue Jackets in a deal that saw Artemi Panarin shipped out of town. While neither Sharp nor Saad could single-handedly make up for the loss of offense from Panarin’s departure, together the two may be able to get the job done if they can re-ignite the old chemistry they had with the likes of Jonathan Toews and Patrick Kane. 

Free Agency Rumor Round-Up

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Free agency is set to open in mere hours, but there are already plenty of rumors out there about deals that will become official at noon ET. Here are all of the deals expected to be made official this afternoon with the link to the original PHR article or recent report:

Anaheim Ducks expected to sign G Ryan Miller (per TSN’s Bob McKenzie)

Boston Bruins expected to sign LW Kenny Agostino

Buffalo Sabres expected to sign G Chad Johnson

Chicago Blackhawks expected to sign RW Patrick Sharp

Colorado Avalanche expected to sign G Jonathan Bernier

Dallas Stars expected to sign C Martin Hanzal (per TSN’s Bob McKenzie)

Detroit Red Wings expected to sign D Trevor Daley

Florida Panthers expected to sign RW Evgeni Dadonov

Florida Panthers expected to sign C Micheal Haley

Montreal Canadiens expected to sign D Karl Alzner

New York Rangers expected to sign G Ondrej Pavelec

Philadelphia Flyers expected to sign G Brian Elliott

Tampa Bay Lightning expected to sign D Dan Girardi

Vancouver Canucks expected to sign D Michael Del Zotto

Vancouver Canucks expected to sign G Anders Nilsson

Vancouver Canucks expected to sign C Sam Gagner (per TSN’s Bob McKenzie)

Winnipeg Jets expected to sign G Steve Mason (per TSN’s Bob McKenzie)

Morning Notes: Sharp, Bernier, Agostino

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It’s been a wild few weeks for the Chicago Blackhawks, including the departures of several key players like Niklas Hjalmarsson, Artemi Panarin, and Trevor van Riemsdyk, but the Western Conference dynasty appears to be bringing back a fan-favorite when free agency opens today to help deal with those losses. The Chicago Sun Times’ Mark Lazerus reports, as speculated, that Patrick Sharp will return to Chicago for the coming season. While details of the deal – term, salary, incentives – are not yet known, the deal is expected to be made official promptly after free agency opens at noon ET. Sharp, 35, is a three-time Stanley Cup winner with the Blackhawks and an eight-time 20-goal scorer over his impressive career. Sharp was essentially forced out of Chicago in the off-season two years ago, as the ’Hawks could not muster the cap space to re-sign the prominent forward. The Dallas Stars could, but after a strong 55-point campaign in 2015-16, Sharp struggled with injury and inconsistency this past season, recording just 18 points in 48 games. Age and health have clearly softened Sharp’s edge, but if he is going to rejuvenate his career at this age for any team, it will be in a return to Chicago and his former teammates. Sharp will join Brandon Saad as returning Blackhawks this off-season if this deal does come to fruition this afternoon.

  • Adrian Dater of BSN Denver was busy late last night, breaking the news that Jonathan Bernier is expected to sign with his Colorado Avalanche today. The Avs recently lost young backup Calvin Pickard in the expansion draft and were on the lookout for a reliable backup to Semyon Varlamov. While Bernier has been rumored to sign anywhere from the Stanley Cup champion Pittsburgh Penguins to a return to the Anaheim Ducks, the fit in Colorado makes sense. One could argue that Bernier is coming off the best season of his career in 2016-17 and will have a chance to be more of a “1B” than a definite #2 with the Avalanche. Per usual, there is still no word on the details of the deal that cannot be consummated until later today.
  • Dater also reported that the Boston Bruins are set to make a small, but interesting move today, as they have supposedly come to terms with AHL MVP Kenny Agostino on a short-term contract worth $850K. The high-scoring minor league left wing has seen only limited NHL action, but over the course of an 83-point season with the AHL’s Chicago Wolves last season, he also contributed a goal and two assists in seven games with the St. Louis Blues. The Bruins were known to have some concerns over the potential of Matt Beleskey and Frank Vatrano to play top-six roles on the left side next season, but were also worried about blocking up-and-coming prospects like Jake DeBrusk, Peter Cehlarik, Anders Bjork, and more. The Agostino signing would add another option at a relatively cheap price and (likely) the flexibility of a two-way contract as well. The details will be revealed a few hours from now.
  • In more concrete news, the KHL’s Barys Astana has signed former Washington Capitals prospect Darren Dietz, according to European hockey insider Aivis Kalnins. Dietz was not tendered a qualifying offer by the Capitals by last Monday’s deadline and became an unrestricted free agent. Without any NHL interest, Dietz will try his hand at Russian pro hockey rather than a minor league deal to remain in North America.

Free Agent Focus: Dallas Stars

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The free agent period is now less than a week away from opening up.  Several prominent players are set to hit the open market and many teams have key restricted free agents to re-sign.  Here is a breakdown of the Dallas Stars’ free agent situation.

Key Restricted Free Agents: D Esa Lindell. The 23-year-old has only played one full year in the NHL, but has quickly established himself as a top-four blueliner and now already needs to get paid. While Dallas is looking into acquiring a top defenseman such as Washington’s Karl Alzner, Lindell is already inked into the lineup and the young defender should only get better with experience. His six goals and 12 assists may just be the beginning. His AAV of $925,000 should go up quite a bit.

F Radek Faksa. With the disappearance of several key veterans like Cody Eakin and Patrick Eaves, among others, there are numerous holes in the Stars’ lineup and locking up Faksa should be a top priority for the franchise. Faksa, the team’s first-round pick in 2012, completed his first full season with the Stars this year, finishing with 12 goals and 21 assists, while playing on the team’s third line. Making $1.34MM last year, Faksa should get a solid raise.

Other RFA’s: D Mattias Backman, D Nick Ebert, G Henri Kiviaho, G Maxime Lagace, F Mark McNeill, D Patrik Nemeth, D Jamie Oleksiak, F Brett Ritchie, F Gemel Smith.

Key Unrestricted Free Agents: F Patrick Sharp. The veteran winger is coming off an injury-plagued season in which he missed time due to a concussion and then had season-ending hip surgery in March. Because of that, Sharp, a four-time 30-goal scorer finished with eight goals and 10 assists in 48 games. While at 35 years old, no one is expecting a 30-goal season, Sharp could still be good for 15-20 goals. The Stars, needing to fill holes at the forward position, have shown interest in bringing him back. While it’s highly doubtful, he’d be able to get the $5.9MM contract he had last year, he still could receive a solid offer from a team needing a veteran scorer.

Ales Hemsky: The 33-year-old veteran is also coming off multiple injuries in which he missed more than four months of play due to hip and groin injuries. The veteran center only managed to get into 15 games for seven points. However, he had 13 goals and 39 points one year ago and could be worthy of bringing back on a short-term deal to fill a bottom line slot. While Hemsky made $4MM last year, he may need to take a low-level “prove it” offer.

Other UFA’s: F Jiri Hudler, G Justin Peters, D Dustin Stevenson.

Projected Cap Space: The Stars have $52.5MM invested in 15 players, so they will have to fill in multiple holes with the remaining $22.5MM in available cap space, although they have several restricted free agents they need to re-sign. However, assuming Dallas buys out goaltender Antti Niemi, the team should have even more room to work with. The Stars have high hopes to sign a top free agent such as Alzner to their defense. However, the team may also add some veterans on shorter-term deals to plug the holes for another year.

West Notes: Parayko, Sharp, Strome, Wilson

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Some have suggested that Blues defenseman Colton Parayko could be an intriguing candidate to receive an increasingly rare offer sheet.  However, GM Doug Armstrong confirmed to Jeremy Rutherford of the St. Louis Post-Dispatch that they will match any offer made to the 24 year old.

Parayko is coming off a strong sophomore season that saw him collect 35 points (4-31-35) in 81 games while also seeing his average ice time jump to over 21 minutes per night.  He also made a strong impression with Team Canada at the World Championships where he picked up three goals and four assists in just six games.  With Kevin Shattenkirk now gone, Parayko stands to benefit from more power play time which could have him primed for a nice boost offensively.  He’s due a qualifying offer of just over $874K from the Blues and will stand to earn a lot more than that when a deal gets done.

Elsewhere in the West:

  • Mike Heika of the Dallas Morning News speculates that pending unrestricted free agent winger Patrick Sharp prefers to either stay in Dallas in free agency or return to the Blackhawks. The latter option doesn’t seem like too much of a realistic possibility given their cap situation at the moment which could put Dallas in the drivers’ seat.  Sharp isn’t expected to receive a clean bill of health until late August or early September after undergoing season-ending hip surgery after the trade deadline which makes him a candidate to be on the open market well beyond the beginning of July.
  • The Coyotes are asking top center prospect Dylan Strome to add a lot more strength this offseason as he makes another push at a regular roster spot, writes Sarah McLellan of the Arizona Republic. The third overall pick in 2015 has had no issues scoring at the junior level – he had 75 points (22-53-75) in 35 games with Erie this season – but he has had issues dealing with the size and strength of NHL defenders in his brief stints with the Coyotes.  As a result, Strome will spend the summer in Arizona working with team personnel as he looks to make a push for a full-time spot next season.
  • Predators forward Colin Wilson took the morning skate today in advance of tonight’s Stanley Cup Game Three matchup against the Penguins, notes Adam Vingan of The Tennessean (Twitter link). He has missed the first two games of the series due to an unspecified injury.  Early indications are that he likely won’t be available to play tonight but the fact he’s skating suggests he may be ready at some point in the series.

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