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Latest On Erik Karlsson

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Prime Erik Karlsson was a treat to watch, and despite a tough year for the San Jose Sharks, ’EK65’ is giving us some of his best hockey in years. The 32-year-old has a whopping 10 goals, 12 assists, and 22 points in just 17 games while averaging over 25 minutes per game, his highest mark since arriving in San Jose.

With the team nowhere near playoff contention and leaning more toward rebuilding than ever, Karlsson’s apparent return to form suddenly makes his $11.5MM cap hit look more palatable on the trade market, still with some retention on San Jose’s side. General manager Mike Grier told NHL.com’s Nicholas Cotsonika today that he’ll “listen” to offers on Karlsson before this season’s March 3 trade deadline.

As Grier noted in his interview, a second blockbuster trade involving the Swede won’t be a straightforward process. Karlsson has a full no-movement clause in his contract and controls the outcome of any potential trade. Despite the contractual hurdles to moving him, though, Grier was nothing but complimentary of Karlsson’s play:

“He’s a dynamic player. To me, he’s probably one of the three best offensive defensemen in the League, and he’s been great for us. He’s done everything we’ve asked as far as preparation, practicing, playing. He’s been great. So maybe there’s a scenario where a team comes asking for him [in a trade], because I do think he’s a difference-maker. He’s someone who can go out there and win you a game — or win you a series, for that matter — so maybe something will come up down the road. We’ll see.

Karlsson can absolutely be the difference-maker that Grier claims. Karlsson received Norris Trophy votes in eight straight seasons from 2011-12 to 2018-19, including trophy wins in 2012 and 2015. During that timeframe, Karlsson notched 492 points in 545 games, leading the league’s defensemen in assists and points.

Injuries have been a constant during his last few years in San Jose, though, and his play, while still commendable, hasn’t been at the truly elite level he displayed in his prime with the Ottawa Senators. But in just 17 games this season, Karlsson’s already matched his total point output from two seasons ago in 52 games.

With so many teams close to or above the salary cap using long-term injured reserve, however, moving Karlsson to a contender will be a challenge, even at a 50% retention rate of $5.75MM per season. It’s unlikely a third team would be willing to take on another 50% hit ($2.785MM) until 2027 without significant compensation, though, a much different ask than we’ve seen in past similar three-team trades.

If Karlsson keeps up even 75% of his torrid pace to start the season, though, he remains a top-flight defender that can transform a team’s chances of winning a Stanley Cup for the better.

Latest On Patrick Kane

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With the Chicago Blackhawks deciding to rebuild halfway through their previous rebuild, speculation has run rampant about all-time great Patrick Kane’s future with the team. If dealt, he’d be one of the best players and biggest names traded in the past few seasons, joining blockbuster deals like the Jack Eichel and Erik Karlsson trades. However, TSN’s Darren Dreger today pumped the brakes on trade rumors, saying that Kane’s camp “remains undecided” and that any rumors at this point are purely speculative.

At 33 years old, Kane still has 100-point potential while logging heavy minutes. He hasn’t hit that mark since posting 110 points in 2018-19, but he’s stayed well above a point-per-game pace since then on a continually struggling Blackhawks squad. One of the most decorated American-born players of all time, his playing ability still remains very close to his prime.

It’s because of that fact that a potential trade seems so realistic to fans around the league. It would’ve seemed a guarantee just a few seasons ago that Kane would remain a Blackhawk for life, but as the team failed to rebuild quickly (or properly in the slightest) and management changed hands drastically, no one would blame him for not wanting to waste the last few seasons of his peak on a sinking ship.

With or without Kane, Chicago figures to be a bottom-five team next year with little doubt. Trading him could, however, end up being the difference between a top-five selection and the 2023 first overall selection, which would land them a potentially generational center in Connor Bedard.

Just one season away from unrestricted free agency, it could make a lot of sense for Chicago to deal him ahead of the season too. While they might not get as high of a return without an extension in place for Kane with his new team, it could open the door for him to return to the team in 2023-24 to potentially usher Bedard into the league if they do land the top pick.

Regardless, Kane’s choice will be an important one to watch as the offseason progresses. He’ll still command a fair bit of salary cap space even if Chicago does retain salary, unless the acquiring team wishes to pay a third team extra assets in order to retain additional salary.

Photo courtesy of USA Today Sports Images

Offseason Notes: Chychrun, White, Dallas

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It’s been a while since we’ve heard Jakob Chychrun’s name atop trade rumors, especially when considering how he was viewed as one of the hottest commodities ahead of the Trade Deadline. It’s not often an under-25 defenseman with top-pairing pedigree becomes available, but the Arizona Coyotes decided not to move him just yet. That could change, however, as the Columbus Dispatch’s Brian Hedger reports that the Blue Jackets and Coyotes are talking about a deal. While he couldn’t offer Chychrun’s name specifically, he also reminds that Blue Jackets general manager Jarmo Kekalainen has said that the team could move their 12th overall pick at the 2022 draft in exchange for a young NHL player with term.

Chychrun certainly fits that bill, signed at just $4.6MM through 2025. It also matches up with the rumblings that Columbus is looking to add aggressively on defense, as multiple reports suggested they were in discussions with the Tampa Bay Lightning about landing Ryan McDonagh. If Arizona acquired the 12th overall selection, it would give them a jaw-dropping four first-round picks in addition to their five second-round picks.

  • There’s significant interest in soon-to-be free agent Colin White after he was placed on waivers for the purpose of a buyout today by the Ottawa Senators. TVA’s Renaud Lavoie reports that up to 14 NHL teams have shown interest in White over the past few months, which could lead to a significant bidding war for his services once free agency opens. TSN’s Darren Dreger specifically names the Montreal Canadiens as a team that could be a fit, as general manager Kent Hughes was his agent prior to getting hired in Montreal.
  • The Fourth Period’s David Pagnotta says the Dallas Stars are looking to add a significant punch at forward this offseason, specifically to add a jump to a line with Jamie Benn and Tyler Seguin. Dallas will reportedly be active on both the trade and free-agent markets, looking to be aggressive and squeeze out whatever this core has left in them to try and win a championship. Neither Benn nor Seguin, who are making above $9MM per season each, cracked the 50-point mark last year.

Trade Rumors: Hurricanes, Rangers, Capitals

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The Carolina Hurricanes are undoubtedly going to finish the season as Metropolitan Division champions, and they’re making a challenge for the Eastern Conference title and President’s Trophy as well. But unlike most contenders, TSN’s Pierre LeBrun says that the Hurricanes aren’t willing to deal their 2023 first-round selection at the deadline for a rental player. The Hurricanes have already surrendered their 2022 choice as compensation for signing Jesperi Kotkaniemi to an offer sheet last summer. While Carolina, based on the language of the tweet, is willing to move it for a player under contract, this likely takes them out of the conversation for rental defensemen such as Mark Giordano and Hampus Lindholm, who are sure to command first-round selections after Montreal received one in return for Ben Chiarot.

More trade rumors on this Saturday morning:

  • The Athletic’s Arthur Staple names Anaheim’s Rickard Rakell as “the most logical piece” for the New York Rangers to acquire at the deadline. Rakell, who has 16 goals and 12 assists in 51 games this season, wouldn’t fix the Rangers’ defensive issues in the slightest. But he would provide a more established scoring option for the Rangers to insert on the wing in the top six, and would help create better depth matchups for the third and fourth lines. While Alexis Lafreniere is performing solidly by most advanced metrics, the points aren’t coming for him despite playing alongside Mika Zibanejad and Chris Kreider. If acquired, Rakell could likely slot in there, allowing Lafreniere and Frank Vatrano to slot in on the third line when fully healthy.
  • While the Washington Capitals are still interested in goalie Marc-Andre Fleury, The Athletic’s Tarik El-Bashir notes that general manager Brian McLellan is unwilling to move top prospects Connor McMichael, Hendrix Lapierre, or the team’s first-round selection in 2022 in any trade. It’s likely a smart move for Washington, who faces an already impossible path through the Eastern Conference playoff gauntlet, and it’s hard to imagine that acquiring Fleury would change that meaningfully. It’s a smarter bet to play on house money with this roster and retain the pick to help reload the team’s prospect pool.

Trade Rumors: Lindholm, Chychrun, Barabanov, De Haan

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With just four days remaining before the Trade Deadline, Daily Faceoff’s Frank Seravalli reports that there hasn’t been much progress made on an extension between the Anaheim Ducks and defenseman Hampus Lindholm, and it’s unclear at this point whether general manager Pat Verbeek will circle back to try and work out a deal. Seravalli also relays that the current asking price for Lindholm is a first-round pick, a top prospect, and another asset. While Lindholm is still a quality defenseman after battling back from injury trouble the last few seasons, that’s an exorbitant asking price for a rental player with just 22 points in 61 games on the season. He’s second among Ducks blueliners in terms of ice time per game, being eclipsed by almost two minutes per game by Cam Fowler. Verbeek is playing a dangerous game here, and will likely have to up his extension offer or lower his asking price in order to retain value for Lindholm either way.

As the Trade Deadline creeps closer, some more notes from the trade market:

  • Bally Sports Midwest’s Andy Strickland says it’s “looking more and more like” the Arizona Coyotes won’t be dealing defenseman Jakob Chychrun prior to the Trade Deadline. The much-talked-about defenseman is currently on the shelf with an ankle injury, which originally put his availability in question. Strickland says it doesn’t mean that the team is going to hang onto him long-term, though, as there’s still a high potential for Chychrun to get moved over the summer, potentially prior to the 2022 NHL Draft.
  • The San Jose Sharks haven’t had any talks on a new deal for pending unrestricted free agent Alexander Barabanov, per The Mercury News’ Curtis Pashelka. Assistant general manager Joe Will, who’s in effect the team’s interim GM while Doug Wilson is away on a medical leave of absence, knows that “[the team] is trying to replenish” and is listening to offers on many other pending UFAs as well. Barabanov’s continued a strong end to the 2020-21 campaign after being acquired from the Toronto Maple Leafs, posting 30 points in 51 games while receiving top-six minutes. It could be a bit of buyer beware in this case, though, as many advanced metrics suggest the 27-year-old’s production can be strongly attributed to playing with Tomas Hertl.
  • The Fourth Period’s David Pagnotta reports conversation surrounding Chicago Blackhawks defenseman Calvin de Haan is heating up, and specifically names the Toronto Maple Leafs as a team in the mix to acquire him. De Haan has just five points on the year, but he’s still an extremely capable two-way defenseman who’s helped stop the bleeding defensively this year in Chicago. He’s a solid case of a buy-low candidate who could flourish on a better team, which is exactly the type of player the Maple Leafs have targeted in recent months.

Trade Rumors: Bertuzzi, Monahan, Middleton

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It’s T-minus six days until the 2022 Trade Deadline, and some names are already off the board with more likely to come prior to Deadline Day. One of those names who’s making a late entry to the fray is Detroit Red Wings forward Tyler Bertuzzi, according to Daily Faceoff’s Frank Seravalli. He reports that Detroit general manager Steve Yzerman is letting other teams know he’s “open for business,” with the sense around the league being Yzerman will entertain offers for any Red Wing not named Moritz Seider or Lucas Raymond. Bertuzzi is a desirable trade asset – he’s clicking at nearly a point-per-game clip this season and is locked into a $4.5MM cap hit this year and next. However, he and Josh Archibald retain their status as the only unvaccinated players in the NHL, and he’s already missed nine games this season due to border restrictions. It remains to be seen whether teams will be willing to acquire him with the risk that he may not be available for half of a playoff series or more.

Some more trade notes as things heat up:

  • As the Calgary Flames attempt to load up even further after acquiring Tyler Toffoli earlier this year, Seravalli speculates that Sean Monahan is a trade candidate to get shipped out of town prior to the deadline. Monahan’s continuously slipped down the depth chart this season and carries the lowest +/- rating on the team by far (-15). He has a paltry eight goals in 59 games and now sees time as the team’s fourth-line center, falling behind younger players like Dillon Dube. With Calgary needing to pay up big-time soon for pending free agents Johnny Gaudreau and Matthew Tkachuk, freeing Monahan’s $6.375MM off the books would likely be beneficial, with replacement players available within the organization.
  • TSN’s Pierre LeBrun reports the Toronto Maple Leafs are showing interest in San Jose Sharks defenseman Jacob Middleton for some added organizational depth. Middleton’s seen a career-high 41 games played in the NHL this year, scoring nine points, averaging 19:01 per game, and holding his own defensively. With Jake Muzzin still out with injury, he’d provide competition for players like Justin Holl, Travis Dermott, and Timothy Liljegren, and he would give Toronto a ninth NHL-caliber defenseman for a playoff run.

 

More On Josh Manson Trade

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Of course the team to jumpstart a stagnant trade market is none other than the NHL’s very best. The league-leading Colorado Avalanche made a big move on Monday night to acquire defenseman Josh Manson from the Anaheim Ducks. They weren’t the only team looking to pry the big blue liner away though. A number of clubs have been linked to Manson, including the Carolina Hurricanes and Toronto Maple Leafs, the latter of whom seemingly got close to adding him. Sportsnet’s Nick Alberga reports that Manson was unwilling to waive his trade protection to go to Toronto, which implies that the Leafs got close enough that the Ducks approached the veteran defender about the possibility. Manson has just a limited No-Trade Clause – a twelve-team no-trade list. It seems that the Maple Leafs were among those dozen undesirable landing spots. It is unclear whether the team has been a long-standing member of that list or a more recent addition given their current struggles.

  • The Manson trade shows that the Anaheim Ducks are officially sellers. The team has exceeded expectations this season and have continued to stick around the Western Conference playoff picture, but of late have slid outside of a reasonable chance of reaching the postseason this year. Any question as to their deadline position is now over, but the unknown remains to what extent they will sell. While Manson is a very talented player, he is not even among the top two potential rentals in Anaheim. That would be fellow defenseman Hampus Lindholm and skilled forward Rickard Rakell. Both of these players are core pieces for the Ducks and critical to their success and at 28 years old could each continue to play a major role for years to come. If Anaheim feels that they are close to contending following their strong start this season, then they could opt for extensions rather than trades for Lindholm and Rakell. Alas, Alberga reports that there are no ongoing contract negotiations with either player right now, which could imply that they will soon follow Manson out the door.
  • If and when the Ducks do move Lindholm, they have set the bar high for the rental defenseman market. Manson is the first and only proven top-four defenseman to be dealt so far this season and in return Anaheim landed a 2023 second-round pick and a well-regarded 2019 second-round pick in Boston College defenseman Drew Helleson, a top-five scorer for the Eagles. Though a solid defensive asset, Manson pales in comparison to the more well-rounded Lindholm, who might be the best defenseman on the trade market. An A-level prospect and a second-round pick, or even two second-round picks, is now the baseline to which Anaheim can refer when commanding a much better return for Lindholm. Around the league, the Canadiens, Kraken, and possibly the Stars will be happy to see the Manson return knowing that their top-four rentals – Ben Chiarot, Mark Giordano, and John Klingberg – may also garner an equal or greater return.
  • The Colorado Avalanche are not done either. TSN’s Pierre LeBrun was quick to note that the Manson acquisition is not all that GM Joe Sakic has in mind as he chases the Stanley Cup. Especially given the cap flexibility afforded by recent injuries to Gabriel Landeskog and Samuel Girard, the door is open in Denver. LeBrun still expects the team to take a swing at Philadelphia Flyers star Claude Giroux and have their eyes on other forwards as well.

Trade Rumors: Lindholm, Manson, Lehkonen

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With just a week now until the 2022 Trade Deadline, The Athletic’s Pierre LeBrun took the liberty of compiling a recap of the current standing of many big names who are in conversation to get moved within the next eight days. As injuries have complicated the trade potentials of players like Jakob Chychrun and John Klingberg, LeBrun notes that Anaheim Ducks blueliner Hampus Lindholm is now generating the most interest among pending UFA defensemen. The 28-year-old has stayed healthy this year and is once again playing in a top-pairing situation in Orange County. While some advanced metrics suggest his two-way play has taken a dip this season, he remains a great penalty killer and has experience playing against quality competition. LeBrun notes that general manager Pat Verbeek is likely to take “one last run” at an extension with Lindholm before focusing on a trade, though. If available, he’s likely one of the few rental defensemen on the market that can comfortably step into a top-four role on a contending team and provide his new club with an upgrade in that department. LeBrun singles out the Florida Panthers specifically as a team that’s “kept tabs” on Lindholm.

Some more notes on some deadline assets:

  • Josh Manson is another Duck on an expiring deal who could find a new home next week, likely with some added value as he’s a right-shot D. LeBrun says the Carolina Hurricanes are one of the teams that have checked in on Manson, but with their limited salary cap space at this point, getting a deal done may be tough. Any Manson/CAR trade would likely require a third team to broker the deal, adding to the acquisition cost for Carolina. At this moment in time, that acquisition cost is too high for the ’Canes, according to LeBrun.
  • As the Washington Capitals continue to putter, now likely locked in as the second Wild Card in the Eastern Conference, they’re looking to add to their forward group that’s seen significant injuries this year. LeBrun says Montreal’s Artturi Lehkonen is a name that makes sense, but with Montreal not in a rush to trade the pending RFA, it’ll likely mean Washington (or any other team) needs to yield a first-round pick to acquire him. Between that and a potential first-round pick that could head the other way in a Ben Chiarot trade, Montreal could be called up to the podium many times at their hometown 2022 NHL Draft.

Trade Rumors: Chychrun, Myers, Motte

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It appears as though Arizona Coyotes defenseman Jakob Chychrun’s hot streak couldn’t be timed any better. Chychrun’s play has come alive in the past week or so, along with the rest of the team, as the much-discussed defenseman now has eight points in his last five games, including an overtime winner last night against the Toronto Maple Leafs. ESPN’s Greg Wyshynski reports, in conversation with an unnamed NHL general manager, that the Coyotes are “swinging for the fences” on Chychrun’s ask. There appears to be an increased probability that the price could be even higher than the previously reported ask of a first-round pick and two top prospects, something that’s evidenced by the laundry list of teams that have been rumored in recent days to be interested in Chychrun’s services. Any acquisition of that magnitude for the Coyotes would jumpstart a prospect pool that’s already on the rise, likely bringing in one or two players that could be in the NHL lineup next season. It’s worth noting that the team already has eight selections in the first two rounds of this year’s draft, a number that could quickly rise to nine if they acquire a fourth first-round pick in this deal.

More trade notes, this time from British Columbia:

  • Sportsnet 590’s Nick Kypreos suggests that defenseman Tyler Myers could be on the trading block for the Vancouver Canucks. With rumors surrounding another trade piece in J.T. Miller continuing to die down, the Canucks could likely look to move a variety of other players to gain assets this Trade Deadline. Myers does carry a 10-team no-trade list and has a rather bloated $6MM cap hit for two more seasons following this one, but he’s improved defensively a lot this season, especially after the team’s coaching change. Myers’ unexpected resurgence is likely to pay dividends for the team no matter what if he keeps it up through the remainder of his deal, as a solid run of play before the deadline will only increase his potential trade value for any takers.
  • The Fourth Period’s Irfaan Gaffar also reports another Tyler could be on the move out of Vancouver, as he says the Tampa Bay Lightning have shown “a lot of interest” in Tyler Motte. He’s a small acquisition that the Lightning could potentially actually have the cap flexibility to make, as Motte carries a friendly cap hit of $1.225MM. He has seven goals and 14 points in 43 games this season after missing some time to start the year with injury and would add a more veteran presence to a Tampa Bay lineup that’s relied more this season on inexperienced youth than in years past.

Trade Rumors: Blackhawks & Flyers

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It didn’t take long for new Chicago Blackhawks GM Kyle Davidson to make some waves in his now-official role. In media availability this afternoon, Davidson made it clear that he sees the Blackhawks as a rebuild. If that is indeed the case, then it may be more than just rentals departing Chicago in the near future. Of course, the two big names that could be on the move if Davidson and company move into a full-blown fire sale are Patrick Kane and Jonathan Toews. The face of the franchise, Kane and Toews were the lynchpins of a dynastic run in Chicago and have continued to produce as the franchise has struggled in recent years. With just one year remaining on the matching eight-year, $84MM they signed long ago, Kane and Toews are now much more palatable trade targets if the Blackhawks choose to go that route. With that being said, the duo do have trade protection and any move would likely come from cooperation between the player side and the front office. In the latest edition of TSN’s “Insider Trading”, Darren Dreger suggests that those conversations could be on the horizon, but anticipating a move prior to the trade deadline is likely unrealistic.

  • While Marc-Andre Fleury has been seen as a much more likely trade victim in Chicago, that may not be the case after all. Chris Johnston notes that there has always been an understanding that the Blackhawks would honor Fleury’s wishes despite only limited trade protection. At this time, he hears that Fleury is leaning toward staying in Chicago through the end of the season rather than accepting a trade. It remains unclear what this means for Fleury’s future, but Davidson’s insistence on a rebuild likely means that his time with the Blackhawks will end after this season, though likely not any earlier. Should Fleury’s mindset on being traded change in the coming weeks, he will remain a highly sought-after target and Chicago could certainly benefit from the trade return.
  • Another anticipated top rental target whose status is still unknown is the Philadelphia Flyers’ Claude Giroux. Pierre LeBrun reports that Giroux is still on the fence about moving and controls his own fate with a No-Movement Clause. The 34-year-old certainly would like a shot at a Stanley Cup and isn’t going to get one in Philadelphia this season. On the other hand, with 39 points in 49 games this season, Giroux isn’t showing any signs of slowing down and will have other chances at a title if he decides to ride out the year with the Flyers and save his next move for free agency. From the team’s point of view, Giroux will be worth an exorbitant amount if he does decide he is willing to be traded. LeBrun believes that Giroux could be considered the most valuable rental on the market and initial talks that the Flyers have had with potential suitors reflects that valuation. Philadelphia is expecting to receive a first-round pick, a top prospect, and a young roster player (or a package of equal value) for Giroux. Loyalty aside, the team has to be hoping that Giroux is open to a move.
  • The Flyers face a trickier situation with defenseman Rasmus Ristolainen. When he was acquired this summer, the team had a different vision for how this season would play out. That involved a more obvious upward trajectory for the club, which would have made signing Ristolainen to an extension an easy call. However, given Philadelphia’s struggles and Ristolainen’s himself, it is unclear how the two sides move forward, if at all. Darren Dreger notes that the two sides are talking contract and there is a significant possibility of an extension. However, if those negotiations do not yield an agreement before the trade deadline then Ristolainen could hit the block. Despite a down year, the big, two-way defender would draw widespread interest.

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