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Keith Yandle Available For Trade, Will Not Play For Panthers This Season

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The Florida Panthers have made the major decision to move away from one of their veteran leaders. Appearing on TSN’s “Insider Trading”, Frank Seravalli states that the Panthers have told Keith Yandle that he is not in their plans for this season. This appears to be a mere personnel choice for Florida and new GM Bill Zito, as Seravalli reports that he has simply “fallen out of favor”.

However, Yandle’s current contract – a seven-year, $44.5MM pact with three years remaining – contains a full No-Movement Clause. He cannot be placed on waivers without his permission, nor can he be traded without approving the deal. As a result, the only plan for now appears to be making him a healthy scratch. While this will sadly mean the end of Yandle’s NHL-best 866-game “iron man” consecutive games played streak, he will still be a member of the team getting paid in full for his (lack of) services. That clearly cannot last for the Panthers.

Florida has overhauled their blue line this off-season, acquiring Radko Gudas and Markus Nutivaara and more recently claiming Gustav Forsling and Noah Juulsen off of waivers. They appear to content to move forward with this younger, new-look group. That should not however be read as an indictment of Yandle’s ability. The 34-year-old is still a very capable puck-moving defenseman who recorded 45 points in 69 games last season. In terms of per-game scoring, it was right in line with some of Yandle’s best offensive seasons. The veteran is obviously durable, but he is also consistent, good for 40+ points in each of his nine 82-game seasons.  Yandle may be just 24 games away from 1,000 for his career, but he has not lost a step.

A skilled and experienced defenseman who is respected across the league and has shown no signs of slowing down, Yandle should draw trade interest. Even in a season where money is tight and trades are expected to be scarce, the chance to bring in a reliable play-maker like Yandle should intrigue a number of teams. Due to his high salary cap hit and extended term, the Panthers may be required to take back a bad contract or eat a significant portion of Yandle’s salary. However, they have put themselves in this position by publicly moving on from a good player who is still under contract with restrictive terms, hurting their bargaining power. How this situation shakes out will be a major story in the early part of this new season.

Islanders Officially File Contracts For Mat Barzal, Matt Martin, And Andy Greene

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After coming to terms on an extension with RFA Mathew Barzal on Saturday and reportedly agreeing to new contracts with UFA’s Matt Martin and Andy Greene months ago, the New York Islanders have now officially filed the three contracts with the league, reports CapFriendly.

The terms of Barzal’s new contract are exactly as reported on Saturday. The three-year bridge deal will result in a $7MM AAV, but with increasing base salaries of a $3MM, $7MM, and $10MM before the skilled center becomes a restricted free agent again after the 2022-23 season.

Martin’s contract is also as previously reported: a four-year deal with a $1.5MM AAV. In fact, Martin will make exactly $1.5MM in base salary in three of those four seasons. However, for the 2020-21 season, Martin will earn a minimum base salary of $700K and an 800K signing bonus. Regardless of the structure, it is a nice contract for the veteran grinder, who will likely retire as an Islander at 35 years old when the deal expires.

The agreement with Greene had not previously been reported, but is what one might expect for a 38-year-old defender entering his 15th NHL season. It is a one-year deal for Greene, who some expected to finish his career last season after the career New Jersey Devil was dealt to the Islanders. Instead, he returns to give the Islanders his best for a full season rather than just a stretch run. Greene will earn a minimum base salary of $700K. However, Sportsnet’s Elliotte Friedman reports that he is eligible to earn up to $2MM in performance bonuses.

As CapFriendly notes, these deals set the Islanders up very well to take full advantage of the Long-Term Injured Reserve savings afforded to them by Johnny Boychuk’s “retirement”. New York would like to be as close to $6MM over the salary cap upper limit in order to fully use the subtraction of Boychuk’s cap hit. With these three contracts, they sit at $5.29MM over the cap with room for another minimum contract to be added to final roster.

That minimum contract could very well belong to Cory Schneider. The veteran goaltender has been linked to the Islanders alongside Martin and Greene for some time and has been in camp on a PTO. Although Schneider is only expected to be the club’s No. 3 goalie, likely a taxi squad member used as the emergency backup, he could begin the year on the official roster as that extra $700K man.

Evening Notes: Canucks, Stars, Reign

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The Vancouver Canucks entered Monday over the NHL’s salary cap upper limit. Yet, when waivers are completed tomorrow, the team will be in near-perfect shape regardless of the results. Spotted among the many names on waivers today were two veteran forwards from Vancouver: Loui Eriksson and Sven Baertschi. While any Canucks fan would like to see both claimed off waivers, there is almost no chance that either one will be moving elsewhere. Eriksson and his $6MM cap hit have failed to live up to expectations for four years now and no other team is likely to be willing to take a chance on the former All-Star. Baertschi and his own $3.37MM price tag were up for grabs on waivers multiple times last season and no one took a chance, leaving him buried in the AHL for much of the year. However, neither player needs to be claimed for the Canucks to benefit. Once both wingers clear waivers, they can be moved to the AHL or – more likely – the taxi squad. Their cap hits will thus be reduced by $1.075MM apiece for a total savings of $2.15MM. As CapFriendly points out, that is not only enough to get Vancouver back in the black relative to the cap ceiling; it will also leave them enough room to add a player on a minimum $700K salary back to the active roster. This is important, as it will bring the cap payroll as close to the upper limit as possible, allowing the team to take close to full advantage of Micheal Ferland’s Long-Term Injured Reserve placement. The savings of nearly $3.5MM will be used to sign defenseman Travis Hamonic and to replace one or two of the forward slots abandoned by Eriksson and Baertschi. Whether anticipated or not, it’s some impressive salary cap magic by GM Jim Benning and company.

  • The Canucks were also back at practice today after a COVID-19 scare on Sunday. Vancouver canceled all team activities yesterday in response to a possible exposure, but fortunately no players or staff have tested positive, per Sportsnet. The team is back on track and there are no further issues expected from this specific case of potential exposure.
  • Meanwhile, the Dallas Stars are still dealing with their Coronavirus issue. After six players and two staff members tested positive before Friday’s practice, the team shut down their facilities over the weekend and were not able to open back up today.  Their first three games of the season, on the road against the Florida Panthers twice and the first of two against the Tampa Bay Lightning, have already been postponed but the hopes is that their new opener, set for January 19 in Tampa, will go on as scheduled. NHL Deputy Commissioner Bill Daly tells Matthew DeFranks of The Dallas News that the league is prepared to do what needs to be done, but that they do feel the Stars are “at the end of that outbreak” and are now focused on how it occured initially. Daly added that medical personnel would decide when it is safe to re-open the facility and that all parties feel the 19th remains a fair goal for Dallas to be both healthy and well-prepared. DeFranks has since reported that Dallas will indeed return to practice on Tuesday, though all further camp sessions will be closed to the media.
  • The Ontario Reign, AHL affiliate of the Los Angeles Kings, have announced the hiring of Craig Johnson as an assistant coach for the club. The Reign already have a new head coach in John Wroblewski and now add another new face in Johnson, who is actually a familiar name to Kings fans who remember him from his seven season playing with the team in the late 90’s and early 00’s.  Johnson’s coaching experience is somewhat limited, serving as a head coach for local youth and high school teams in Southern California. However, he has also served as a development coach for the Kings over the past two seasons and briefly worked for the Reign previously in the ECHL back in 2010-11.

Nikita Kucherov To Undergo Hip Surgery

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The Tampa Bay Lightning may have solved their cap problem, but it’s at the expense of one of the best players in the world. GM Julien Brisbois told reporters including Joe Smith of The Athletic that Nikita Kucherov will need hip surgery and will not play in this regular season. Kucherov can now be moved to long-term injured reserve to give the team more cap flexibility and return in the playoffs (if healthy) when there is no salary cap.

Still, this is certainly not an ideal situation for the Lightning as they look to defend their Stanley Cup championship. Kucherov is without a doubt a difference-maker on the ice and easily could have been awarded the Conn Smythe after leading the playoffs in scoring with 34 points in 25 games. The 2019 Hart, Lindsey, and Art Ross winner, the Russian winger had a career-high 128 points two seasons ago before returning with 85 in 68 during a pandemic-shortened 2019-20.

Moving his $9.5MM cap hit to LTIR though can open some interesting scenarios for the Lightning. Steven Stamkos, the team’s other injured superstar, is expected to be ready for opening day, meaning the team may actually have a few more moves to come. Even with the added flexibility of putting Kucherov on reserve, the team still only has about $3.5MM in space to sign breakout checking center Anthony Cirelli, who remains a restricted free agent. Though Cirelli doesn’t have a ton of leverage right now if he wants to play this season, it still seems unlikely that he signs for less than that unless it is an extremely short-term deal.

More likely, the team is still going to have to pursue other opportunities to shed one of their high-priced forwards. Tyler Johnson was the obvious option earlier this summer when he agreed to give the team a short list of trade destinations, but nothing was worked out and even when the Lightning placed him on waivers, he went unclaimed. Johnson, Ondrej Palat, and Yanni Gourde all count for at least $5MM against the cap this season and all have full no-trade clauses. Alex Killorn, who is the next highest-paid forward behind those three at $4.45MM has a 16-team no-trade clause.

Of course, there may be some other more creative ways around the cap given this year’s taxi squad rules. In any case, the team will have to secure a playoff spot without their most dangerous offensive weapon—not a great situation in an anything-can-happen shortened season.

Photo courtesy of USA Today Sports Images

Snapshots: Dubois, Granlund, Ducks, Lee

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With progress finally being made toward starting the 2020-21 season, the pressure is mounting back up on those teams who still have players to sign and payrolls to manage. One of those teams is the Columbus Blue Jackets. The Jackets have plenty of salary cap space with nearly $9.25MM of remaining room for a 22-man roster, but they have yet to sign perhaps their most important forward, restricted free agent center Pierre-Luc Dubois. Coming off his three-year entry-level contract, in which he recorded 18+ goals and 48+ points each season, culminating in a point-per-game showing in the 2020 postseason, Dubois has established himself as a centerpiece for Columbus and the team hopes he will serve in that role for many years still to come. Whether Dubois signs that lucrative long-term extension this off-season or instead opts for a shorter bridge deal remains to be seen. Either way, the team needs to get the talented young pivot under contract soon before the new season begins. Fortunately, NBC Sports’ Adam Gretz reports that the Blue Jackets are not concerned about coming to terms on a new deal with Dubois. GM Jarmo Kekalainen stated that he is “confident” that Dubois will have a new contract not only before the puck drops on the new season, but even before the first day of training camp. This would likely mean that a deal is expected before the end of the month, with training camps projected to open shortly after the calendar flips to January. Kekalainen compared the situation to that of star defenseman Zach Werenski last season; Werenski went much of the off-season with seemingly little progress on a contract extension, but signed a new deal just days before training camp. Gretz notes that the Blue Jackets have shown that they are not afraid to play hardball with their restricted free agents, but will have to be careful with Dubois. The young center is a pivotal piece of the team moving forward. Columbus has the cap space to lock Dubois up long-term at a higher cap hit now, but if the two sides do agree to a shorter term deal the hope is that there is a mutual goal to sign that long-term deal down the road.

  • Gretz also reports that one of the top remaining unsigned free agents, forward Mikael Granlund, is expected to make a decision on his next team sooner rather than later. In fact, a contract could be signed in the coming days. Gretz writes that Granlund would like to get his family settled before the season, possibly even before the Christmas holiday, which could lead to an impending resolution to his free agency. Depending on the asking price, Granlund should have no shortage of suitors. The Blue Jackets have actually been cited by many as a top option for Granlund. If they do sign a more affordable, short-term deal with Dubois as many expect, Columbus could use their remaining cap space to add Granlund. The team had hoped to add at least one if not two top-six forwards this off-season which they have failed to do so far, only swapping out Josh Anderson for Max Domi. 
  • The Anaheim Ducks are another team with moves to make before the season begins. The Ducks are currently over the salary cap upper limit according to CapFriendly and that is with a roster that currently excludes a backup goalie. Anthony Stolarz is the favorite for the job behind starter John Gibson, but the team is likely to make an addition given their lack of depth behind that duo and their need for a goaltender with term on his contract beyond this season to expose in the upcoming 2021 NHL Expansion Draft. If the Ducks do not add another goaltender, the pressure will fall on Roman Durny, who Anaheim assigned to the ECHL’s Tulsa Oilers today, and Olle Eriksson Ek, who started in Tulsa’s season opener this weekend. Eriksson Ek and Durny shared the net in the ECHL last season, but would be slated to do so this year in the AHL if no further moves are made and would battle to be the next man up to the NHL behind Gibson and Stolarz. Durny, 22, Eriksson Ek, 21, and Lukas Dostal, 20, are all talented prospects but their lack of experience does not inspire much confidence in Anaheim’s net depth if an addition is not made. The Ducks should be scouring the free agent and trade markets for help, even as they work to cut salary from the NHL roster.
  • Even as the NHL and NHLPA close in on an agreement to begin the new season, there hasn’t been much concrete information in the media on the actual start dates of training camp and the safety procedures leading into those camps. Perhaps the teams of those players on loan are hearing more than everyone else though. HC Slovan Bratislava of the Slovakian Extraliga has announced that Pittsburgh Penguins defensive prospect Cam Lee has been returned from his loan. In doing so, the club stated that Lee will begin his quarantine later this week and that training camp physicals will take place before the end of the month. At the very least, that makes it sound as though camps will be up and running in early January as hoped, if not sooner.

Arizona Coyotes Hire David Ludwig

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The Arizona Coyotes have hired David Ludwig as the team’s Director of Hockey Operations & Salary Cap Compliance, joining the front office under new GM Bill Armstrong. He comes to the Coyotes after a decade at KO Sports, a licensed agency led by Kurt Overhardt that represents NHL talents like Jaccob Slavin, Viktor Arvidsson, Jacob Trouba, and, perhaps most notably, Coyotes forwards Christian Dvorak and Nick Schmaltz. Armstrong released this statement on the hire:

David brings a wealth of experience to our hockey operations department. His knowledge and expertise in contract negotiations, salary cap management and the CBA will be invaluable to us and he will play an important role in helping us build a winner in the desert.

Armstrong has quite the task in front of him to rebuild the Coyotes infrastructure after former GM John Chayka left this summer and the team was penalized heavily for draft infractions. Ludwig will join a new management group that is growing after already adding scouting guru Darryl Plandowski earlier this offseason.

Cap compliance is certainly something the Coyotes need as they currently sit nearly $3MM over the ceiling for the 2020-21 season. That’s including Marian Hossa’s $5.275MM hit, but the intricacies of how to maximize the relief for that contract are complicated and now, likely, up to Ludwig to figure out. The Coyotes have a lot of money tied up long-term in contracts for Schmaltz, Dvorak, and others, but also have a number of players coming off the books after this season. While an entire rebuild of the roster isn’t necessary, you can bet changes will be coming before long not only in the front office, but on the ice as well.

Vegas Golden Knights Shopping Max Pacioretty

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Perhaps spurred by the recent progress in getting the 2020-21 season up and running, the Vegas Golden Knights are back at it, working the phones in an effort to make a move to get salary cap compliant. Vegas is one of a number of teams currently over the salary cap upper limit and must shed some salary before play begins. However, the player that GM Kelly McCrimmon is allegedly pushing to other teams may come as a surprise. TSN’s Frank Seravalli reports that veteran forward Max Pacioretty has been the subject of trade talks this off-season, with those discussions picking up steam in recent days.

Pacioretty, 32, may be one of the older players on the Vegas roster but is still an elite scorer. The long-time Montreal Canadien was in fact the Knights’ leading scorer this past season, recording 66 points in 71 games for a career-high scoring clip. He added another eight points in the playoffs. In the two seasons since coming over from the Habs, Pacioretty has shown no signs of slowing down. His loss would be felt in a major way in Vegas, both on the ice and in the locker room.

However, Pacioretty’s $7MM, while commensurate to his production, is a massive weight on the Golden Knight’s salary cap. If the team were to move Pacioretty without retaining any salary, they would not only be under the cap ceiling but would have the flexibility to make an addition if they so desire. Seravalli mentions top available free agent Mike Hoffman or a reunion with Erik Haula as possibilities. One would also think that Pacioretty would still bring in a considerable return as well; he cost Vegas Nick Suzuki, Tomas Tatar, and a second-round pick just two years ago. However, in a definitive buyer’s market, McCrimmon would have to be careful not to give away Pacioretty for too little just for the sake of cap savings. The team was already lambasted for trading top defenseman Nate Schmidt for pennies on the dollar in order to facilitate the signing of Alex Pietrangelo. 

One other concern for the Knights’ brass is the locker room culture. There have already been reports of many players being unhappy with the frequent trades that the team has made and the perceived lack of loyalty toward the roster. The team has dealt Schmidt, Haula, Colin Miller, Cody Eakin, Malcolm Subban, Brandon Pirri, and Paul Stastny all in the past 18 months, leaving the young franchise with very little roster consistency. There are certainly some in the room who have to be unhappy to even hear the whispers of a potential Pacioretty move. Others in the media have noted that he is not the only name on the block either, with fan favorite Marc-Andre Fleury likely being floated again as well. Vegas must tread carefully when it comes to making any further moves and a Pacioretty trade in particular can only be made with a considerable return and a plan to replace him with the cap savings.

Latest On 2020-21 Schedule And Rosters

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Nothing is official between the NHL and NHLPA on a format for the 2020-21 season, but progress is being made. As reported earlier today, financial negotiations – including a proposal of compliance buyouts – have been put to rest and the two sides will move forward with the terms agreed upon in the CBA. There is still work to be done on an agreement of numerous other details for the season, but both sides seem optimistic about a January 13 start date and some players, like New Jersey’s Nico Hischier, are already planning their returns to North America in preparation.

As for what comes next in the planning process, TSN’s Frank Seravalli, Darren Dreger, and Pierre LeBrun spoke at length about possible roster changes for the coming year in the latest edition of “Insider Trading”. Given the risks associated with the potential for a Coronavirus breakout in a locker room, as well as the health complications of adding players to the roster via recall, it seems likely that rosters will be expanded and taxi squads may be implemented for this season. Seravalli specifically notes that active rosters could grow to 26 and taxi squads of four could bring the total group of available players for each team to 30. There is also the possibility that the Calgary Flames, Edmonton Oilers, and Vancouver Canucks could be given an exception for larger taxi squads, as their AHL affiliates play outside of Canada and adding to the roster would be a long and involved process. He mentions that the other Canadian teams do not share this problem, as their AHL teams play in Canada and are expected to have their own division this season. The group did not address the salary cap implications that an expanded roster may have, but expect that taxi squad members will be paid AHL salaries but receive NHL benefits.

Regardless of the safeguards that the league puts in place with rosters as well as travel and gameplay, it seems inevitable that there will be cases of Coronavirus among NHL players and personnel this season. As the NFL season has shown, that can cause quite the confusion when it comes to scheduling. So while many expected the 2020-21 season to be condensed due to the delayed start, TSN’s insiders report that the schedule will actually have numerous off days built in to accommodate make-up games.

For now, each side continues to discuss all options internally – the NHLPA Executive Board met today and the NHL Board of Governors is set to meet later this week – while negotiating with one another. As noted earlier today, the new target date to begin play is January 13 with training camps for all teams likely to begin on January 3 and almost certainly a uniform period of quarantine for all prior to arrival at camp (Dreger believes eight days of isolation will be required). As such, the clock is ticking and the hope is that the two sides can have all the details hammered out sooner rather than later now that their financial debate has been resolved.

Snapshots: Free Agent Market, Tebow, Portland

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There are still a number of prominent names that remain unsigned on the NHL’s free agent market and there has been absolutely no movement for some time. Outside of the likes of Dustin Tokarski, Marko Dano, and Micheal Haley, there hasn’t been a significant free agent signing in over a month. The continued availability of these top players has been chalked up to a slow market, impacted by the flat salary cap and the unknowns surrounding the 2020-21 season. However, an anonymous agent tells The Athletic’s Thomas Drance that this is not exactly the case. While the agent admits that teams have been calling less frequently in recent weeks, there is concrete interest in a number of UFA’s. It turns out that it is actually the agents advising the players not to sign, as opposed to the teams not making offers. The agent tells Drance that all agencies alike are being cautious with their clients when it comes to the upcoming season, without a start date and format agreed to yet, and how that may impact contracts:

We want to see what develops out of this. At this point, it doesn’t make sense to do something until we know what things look like … If we wanted to have signed already, we could’ve done that. Then again, those teams we could’ve signed with haven’t done anything else yet either.

  • The newest name to become an owner in the world of hockey is one familiar to most sports fans: Tim Tebow. The former college football star turned NFL quarterback turned minor league baseball player has joined the ownership group of the ECHL’s Jacksonville Icemen, reports NBC Sports’s Adam Gretz. Also joining the group are current and former Jacksonville Jaguars players Myles Jack and Reggie Hayward. Tebow, who grew up in Jacksonville and attended the nearby University of Florida, is excited to add both hockey and ownership to his already impressive sports resume that includes playing two sports professionally and broadcasting as well. The Icemen, the “AA” affiliate of the Winnipeg Jets, are set to begin their 2020-21 season this month.
  • In other ownership news, Sportsnet’s Jeff Marek reports that the WHL’s Portland Winterhawks are in the process of being sold to Kerry Preete, Executive VP of agricultural sciences company Monsanto. Marek notes that Preete does have a hockey background, but this will be his first venture into the CHL. Marek adds that this could just be the beginning, as the financial impact of the Coronavirus pandemic could cause many junior hockey teams to become available for sale. While Marek notes that current and former NHLers have often looked into purchasing junior teams but have been disappointed by the asking price, but those prices could go down as struggling owners seek to recoup their losses.

Carl Soderberg Drawing Interest Overseas

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As the off-season wears on and so many free agents remain unsigned, it seems like a near certainty that an established NHL talent is going to wind up forced out of the league by a lack of opportunity. With so many teams battling a lack of cap flexibility in light of the flat salary cap, players who know they are worth more than a minimum NHL contract may need to look elsewhere for a substantial paycheck. The scenario hasn’t played out yet, but it only seems like a matter of time.

Could Carl Soderberg be the first victim? The veteran center remains unsigned despite a complete two-way game and a history of success. Soderberg, 35, came over to the NHL later in his career but still has seven full seasons under his belt, in six of which he has recorded at least a dozen goals and 35+ points. Soderberg is also a defensive asset, relied on at the face-off dot and for defensive zone starts. Soderberg’s per-game production declined last season, but so did his ice time. A player who spent the past five seasons at a $4.75MM AAV has not really proven that he is worth much less on his next deal, yet that kind of money may not be available in the NHL.

As a result, whispers have started to emerge out of Europe. The Swiss Hockey News cites sources in Switzerland as well as in Sweden that claim Soderberg is in consideration and the interest is mutual. Just like in the NHL, there is some concern about the impact of COVID-19 on season lengths and clubs’ earning potentials, but there will still be a number of teams in bringing in an established NHLer to lead their squad. One team specifically mentioned is the SHL’s Malmo, Soderberg’s junior program and the club he spent his first eight pro seasons with. However, there is some speculation that Malmo may not be the most likely landing spot. Someone will get lucky though, unless an NHL team jumps in the mix and convinces him that a value deal to remain in North America is his best choice to continue his career.

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