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Free Agent Focus: Vancouver Canucks

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Free agency is now just a bit more than a month away, and teams are looking ahead to when it opens. There will be several impact players set to hit the open market in July while many teams have key restricted free agents to re-sign as well. We continue our look around the NHL with an overview of the free-agent situation for the Canucks.

Key Restricted Free Agents

D Filip Hronek – Talk about an ideal contract year. After an injury-plagued stint in Vancouver to end last season following his acquisition from the Red Wings, Hronek began the season on the team’s top defense pairing alongside Quinn Hughes and never looked back. He recorded career highs with 43 assists, 48 points and a +33 rating, although, as critics point out, most of that production came on an early-season tear. The 26-year-old had three assists in 16 games after the trade deadline and was limited to a goal and an assist in 13 postseason games, both coming in Games 6 and 7 of their second-round loss to the Oilers. With reports indicating his ask is in the $8MM neighborhood annually, the Canucks are likely to shop his signing rights around with an unwillingness to dole out that kind of cash with the way he ended his season.

G Arturs Silovs – A couple of months ago, Silovs wouldn’t have had anything to do with a “key restricted free agents” moniker after serving as the club’s AHL starter for most of the campaign. However, injuries to Thatcher Demko and Casey DeSmith forced him into action for Game 4 of the first round against the Predators, and the 23-year-old Latvian remained in the crease for the rest of their playoff run. While Demko would have been an upgrade if available, Silovs was serviceable, posting a .898 SV%, one shutout and allowed 0.2 goals above expected, per MoneyPuck. After posting a .898 SV% and 6-2-1 record in nine regular-season appearances over the last two seasons, he’s in line for a cheap deal to make him Demko’s full-time backup moving forward. Silovs, who led Latvia to a bronze medal at the 2023 World Championship, had a 2.74 GAA, .907 SV%, four shutouts and a 16-11-6 record in 34 games for AHL Abbotsford this season.

Other RFAs: D Nick Cicek, D Filip Johansson, F Linus Karlsson, F Aidan McDonough, D Cole McWard, D Jett Woo

Key Unrestricted Free Agents

D Ian Cole – While Cole had some notable individual blunders in the playoffs, he had a solid regular season in Vancouver that proved he’s still a fringe top-four blue liner as he enters his mid-30s. Much like his showing last season with the Lightning, he was a strong shutdown force, controlling 53% of expected goals at 5-on-5 despite 63.6% of his zone starts coming in the defensive end. Adding 11 points in 78 games as well, Cole is in line for a deal similar to the one-year, $3MM pact that brought him to the Canucks last summer. He turned 35 in February, so he can take a 35+ contract with performance bonuses to lower his cap hit artificially if Vancouver wants to bring him back but runs out of space. However, if he meets his performance bonuses and the Canucks can’t afford to accommodate them, they’ll be applied as a cap penalty in 2025-26.

F Dakota Joshua – A Maple Leafs draft pick back in 2014, Joshua has been on a steady rise since they moved his rights to the Blues shortly before the pandemic. He parlayed that into an everyday role with the Canucks upon reaching Group Six UFA status in 2022 and had a career year this season, posting 18 goals and 32 points in only 63 games while costing just $825K against the cap. He averaged solid third-line minutes at 14:23 per game and had nearly all of his production come at even strength, notching only one power-play point. The 28-year-old had positive relative possession numbers, too. Unfortunately, that means he’s one of the likelier candidates to have priced himself out of Vancouver, earning himself a multi-million dollar raise wherever he signs this summer.

F Elias Lindholm – The Canucks gave up quite a haul for Lindholm at the end of January, giving the Flames a large package that included a first-round pick and middle-six sniper Andrei Kuzmenko to acquire the 2022 Selke Trophy finalist. His performance in the regular season left much to be desired, potting only six goals and 12 points in 26 games after the deal. Still, he exploded back to form in the postseason with 10 points and a +4 rating in 13 games while logging nearly 20 minutes a night, tying for third on the club in scoring. That’s likely repaired a good chunk of his market value after having an extremely underwhelming contract year. After finishing the campaign with 44 points and a -14 rating in 75 games, he won’t command the upward of $8MM per season he left on the table for an extension in Calgary, but he should still get something in the $6MM-$7MM annually on a longer-term deal. Whether that comes in Vancouver or with one of his other expected suitors, namely the Bruins, remains to be seen.

D Tyler Myers – The final season of Myers’ bloated five-year, $30MM deal was his best hockey in Vancouver. He dropped down to a second/third-pairing role, averaging under 20 minutes per game for the first time in his lengthy career, but responded with 29 points and a 49.8% expected goals share at 5-on-5, his best as a Canuck. Vancouver and Myers would both like to see him back in a Canucks uniform next season, something they should be able to get done at a significant pay cut from his previous $6MM cap hit as he enters his age-34 season.

D Nikita Zadorov – Also an in-season trade pickup from Calgary, Zadorov quickly became a fan favorite in Vancouver and was, bar none, their second-best defenseman in the playoffs behind Quinn Hughes. The towering Russian rattled off four goals and eight points in 13 postseason contests, averaging over 20 minutes per game after logging 17:04 per game in the regular season after the trade. Reports indicate his camp is asking for a six-year deal at $6MM annually – likely too rich for the Canucks’ taste (or anybody’s taste, for that matter). If his camp gets the sense that he won’t be able to achieve that figure on the open market, it wouldn’t surprise anybody to see this generation’s Big Z end up back in Vancouver.

Other UFAs: F Teddy Blueger, G Casey DeSmith, F Sheldon Dries, D Mark Friedman, D Matt Irwin, F Sam Lafferty, G Zach Sawchenko

Projected Cap Space

The Canucks enter the summer with roughly $23.75MM in cap space. However,h they’re likely operating with an internal figure closer to $26.25MM with the final season of defenseman Tucker Poolman’s contract slated for long-term injured reserve again in 2024-25. It’s a solid chunk of change – they’re still below the $64.7MM floor for next season – but the space will disappear quickly as they have likely $13-15MM committed to either re-signing Hronek and Lindholm or for their replacements.

Take another $5MM out for what Zadorov will likely command for an extension at this stage, and it’s clear not everyone on this list will be back next season. They have a solid chance of retaining most of their expiring talent, but whether they want to pay market value for someone like Lindholm or look for a more undervalued replacement on the open market remains to be seen. Expect General Manager of the Year Award finalist Patrik Allvin to be one of the busier GMs this offseason as he navigates what could be a fair amount of roster turnover for the defending Pacific Division champions.

Photos courtesy of USA Today Sports Images. Contract information courtesy of CapFriendly.

Vancouver Canucks, Mike Yeo Mutually Part Ways

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  • The Vancouver Canucks have mutually parted ways with assistant coach Mike Yeo according to a team announcement. The news comes as a bit of a shock as Yeo oversaw the transformation of a Canucks’ penalty kill unit that dramatically improved one of the league’s worst penalty kill in just one year. Nevertheless, Vancouver may be allowing Yeo to pursue other options as he looks to find a head coaching role in the NHL once again.

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Canucks Name Manny Malhotra AHL Head Coach

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The Vancouver Canucks have named Toronto Maple Leafs assistant coach Manny Malhotra as the next head coach of the AHL’s Abbotsford Canucks. Malhotra replaces Jeremy Colliton, who served in two seasons with Abbotsford, leading the team to two identical seasons – two 40-25-7 records and first-round exits. Abbotsford associate coach Gary Agnew will also be stepping away from the club after three seasons (Twitter link).

Malhotra’s experience in the NHL kicked off with his seventh-overall selection by the New York Rangers in the 1998 NHL Draft – a part of a top 15 that also featured Vincent Lecavalier, David Legwand, and Alex Tanguay. Malhotra would go on to play in 991 career games across 18 seasons and seven teams. He spent three-or-more seasons with four different teams, including the Vancouver Canucks, who he appeared in 159 games with between 2010 and 2013. Malhotra was never a strong scorer, with a measly career-high of 35 points posted in the 2008-09 campaign, but his intangibles are what made him distinct. He was a defensive specialist and boasted a dazzling 59.7 percent on faceoffs in the final eight years of his career – dating back to when the stat was first tracked.

Teams were eager to bring those traits behind the bench when Malhotra announced his retirement in the 2015-16 season. He didn’t wait long to kick off his coaching career as a result, joining Vancouver as an assistant coach in the 2017-18 season. He’d stay in Vancouver until 2020 when he moved east to join Toronto. Malhotra will now assume an Abbotsford lineup full of potential, largely thanks to the trio of top prospects Jonathan Lekkerimaki, Aatu Raty, and Danila Klimovich. Vancouver has made it clear that they want to offer the chance for prospects to crack the NHL lineup next season, though it will be Malhotra in charge of developing the ones who don’t make it.

Meanwhile, former Chicago Blackhawks head coach Colliton is back on the market after a pair of seasons in the minor leagues. Colliton became the youngest head coach since 1995 when he took over the Blackhawks in 2018, at the precise age of 33 years and 299 days. He was highly praised at the time, but quickly lost steam after totaling a 86-83-24 record over three seasons in Chicago. He hasn’t returned to an NHL role since, though that could be poised to change soon, with San Jose reportedly already engaging the AHL bench-leader. He becomes one of many coaches looking for new roles – joining a list of free agents now headlined by Todd McLellan, Dean Evason, and Jay Woodcroft.

Canucks Showing Interest In Martin Necas

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The Canucks will be one of the teams interested in acquiring forward Martin Nečas’ signing rights if the Hurricanes shop him over the next few weeks, Elliotte Friedman of Sportsnet said on The Jeff Marek Show today.

Rumors around the Canucks will be all over the place in the coming week as they attempt to re-sign a large slate of big-ticket pending RFAs and UFAs, including defenseman Filip Hronek and center Elias Lindholm. While they’ll try and get extensions done for whoever they can, it’s clear the team is thoroughly examining contingency plans in case they can’t come to agreements that would allow them to stay under the salary cap.

It isn’t the first time Vancouver’s been linked to Nečas. In a brief but bizarre saga before star center Elias Pettersson signed his eight-year, $92.8MM extension in March, Friedman reported the Canucks were in “advanced” talks with Carolina about a deal for the then-pending RFA. Today, Friedman confirmed on “32 Thoughts: The Podcast” that Nečas would have been part of the return to Vancouver had the trade gone through.

While the 25-year-old Nečas has played mostly on the wing with the Canes, his best season was also the only one where he logged any significant time at center. His performance in the faceoff dot will always be a concern – he’s won just 41.5% of draws in his career – but he led the club in scoring in 2022-23 with 71 points (28 goals, 43 assists) in 82 games while also lining up at center for the most games in his career.

Thus, he could be a logical replacement for Lindholm should the former Cane head to market (and, ironically, potentially replace Nečas back in Carolina). As things stand, the Nucks have $23.75MM in projected cap space next season with eight roster spots to fill. Nečas and Lindholm could both land deals in the $7MM range, although the latter is headed in the wrong direction as his production has consistently dwindled since his career year with the Flames in 2021-22. Lindholm likely repaired his value somewhat with his playoff performance, though, posting 10 points in 13 games for Vancouver while logging over 19 minutes per game.

Nečas also took a step back this season, seeing his production drop to 24 goals and 53 points in 77 games, but there’s arguably more upside/rebound potential with a player who’s four years younger. Vancouver would also be at less risk of seeing the deal become an albatross as it ages by handing out a long-term deal to the younger player.

No Recent Contract Talks For Hronek, Canucks Could Consider Mikheyev Buyout This Summer

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Canucks defenseman Filip Hronek had a career year this season, notching 48 points in 81 games while logging over 23 minutes a night in his first full year in Vancouver.  The timing couldn’t have been much better as he’s eligible for restricted free agency with arbitration eligibility this summer.  While a long-term deal has been expected for a while, Thomas Drance and Rick Dhaliwal of The Athletic report (subscription link) that there has been very little progress made on a new agreement nor have their been any sort of substantive negotiations in several months.  Hronek is owed a $5.28MM qualifying offer next month, one they’ll have no issue tendering as a long-term agreement is likely to run past the $7MM mark.

  • Still with Vancouver, Sportsnet’s Elliotte Friedman suggested in the latest 32 Thoughts podcast (audio link) that the Canucks might consider buying out Ilya Mikheyev this offseason. The 29-year-old wound up with a respectable 11 goals and 20 assists in 78 games this season but his production cratered as the year went on as he managed just a single tally and nine helpers in his final 45 regular season and was held off the scoresheet altogether in 11 playoff contests.  Mikheyev has two years left on his deal that carries a $4.75MM AAV; a buyout would carry a cap charge of $1.15MM next season, $2.15MM in 2025-26, and $1.55MM for two more years after that.

Canucks Announce Offseason Plans

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Vancouver Canucks general manager Patrik Allvin and head coach Rick Tocchet spoke with the media on Thursday about the team’s plans for the upcoming off-season. Coming off their most successful season in nine years, Allvin started interviews by emphasizing that the team needs to enter the summer with the mindset that they only managed to reach the second round. As shared by Pass It To Bulis’ Daniel Wagner, Allvin said “I’m not happy sitting here today…we lost our last game and it was only in round two.” 

The team’s off-season plans will reflect that high bar, with Allvin most notably sharing that they’re looking to bring in a top-six winger, shares Sportsnet’s Brendan Batchelor (Twitter link). Allvin added that the team is also looking to bring in more speed, while Tocchet spoke to needing more creativity and shooting out of the lineup. Each of those attributes could be met by pending Carolina Hurricanes free agent Jake Guentzel, who Vancouver was reportedly very interested in ahead of the Trade Deadline.

The Hurricanes ultimately acquired Guentzel in exchange for Michael Bunting, top prospects Vaisili Ponomaryov and Cruz Lucius, and second-and-fifth-round picks in 2024. That’s a tall price to pay for a Spring rental, and there’s no doubt Carolina will make a hardy push to extend Guentzel after he posted a combined 34 points in 28 games with the club. But Guentzel left the door open to other destinations in his exit interview, acknowledging that hockey is ultimately a business. He’ll almost assuredly be due for an enthusiastic call from Allvin, should he decide to enter the open market.

The search for a top-six winger will headline Vancouver’s summer, with Allvin sharing that the team wants to retain its pending free agents otherwise, per Batchelor (Twitter link). Allvin went on to name Nikita Zadorov, Tyler Myers, and Dakota Joshua as specific free agents the team is looking to retain. There shouldn’t be any pushback from the player’s side, with Joshua’s agent expressing a desire to return on the Donnie & Dhali Show while Zadorov speaking openly about his love for Vancouver during exit interviews. The trio are a part of Vancouver’s 11 pending free agents – a list that most notably includes Elias Lindholm and backup goaltenders Arturs Silovs and Casey DeSmith. The Canucks paid a pretty penny to acquire Lindholm earlier this season, while Silovs earned expanded opportunity with his fantastic playoff run. If and how the Canucks are able to lock up both players will be a major factor in how their 2024-25 roster is constructed.

Among his other thoughts, Allvin also made sure to mention the team’s top prospects – sharing that the team wants to create opportunity for those players. While he didn’t name any players outright, it’s not hard to reason that reigning SHL ’Rookie of the Year’ Jonathan Lekkerimaki is among the top to earn a chance. Lekkerimaki recorded 31 points in 46 SHL games this season, adding two points in six AHL games following the end of Orebro’s season. He signed a three-year, $4.3MM entry-level contract in early May and could be one of Vancouver’s most exciting breakout candidates next season. Other top prospects Aatu Raty, Danila Klimovich, and defenseman Elias Pettersson could also push for an added role.

Vancouver’s postseason berth was just their second of the last nine seasons, and just their seventh time making it to the second round this century. It seems the team’s leadership core is ready to carry that winning mentality forward, looking at making impacts with externally, internally, and prospect decisions.

Canucks Notes: Boeser, Pettersson, DeSmith, Myers

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Canucks winger Brock Boeser won’t have his offseason training routine interrupted by the blood clotting issue that kept him out of their second-round Game 7 loss to the Oilers, he said during today’s end-of-season media availability (via Brendan Batchelor of Sportsnet 650). All indications point to him being ready for the beginning of training camp in the fall.

That’s because Boeser’s clot had a clear root cause – a shot he blocked during Game 1 of the Edmonton series, he disclosed. He didn’t notice bruising or pain until roughly a week after the game and went for scans after their Game 6 loss that showed enough clotting to prevent him from suiting up.

While a handful of important Canucks players could be moving on this summer in free agency, Boeser won’t be one of them. He’ll be back in B.C. as he completes the final season of a three-year, $19.95MM extension signed by GM of the Year finalist Patrik Allvin back in July 2022.

Boeser’s resurgence to his early-career form was one of the bigger reasons Vancouver captured its first division title since 2013. He set career-highs across the board with 40 goals and 73 points in 81 games but is an unlikely bet to repeat that production after shooting 5.8% above his career average in the regular season.

Here’s more on the Canucks:

  • Star center Elias Pettersson offered an explanation today for his underwhelming play down the stretch and in the postseason, telling reporters he’s been playing through a knee injury since January (via Thomas Drance of The Athletic). Pettersson, whose point production dropped from 102 last season to 89 this year, won’t require surgery to address the issue but will need to rest and rehab the injury before beginning offseason training. The 2017 fifth-overall pick signed an eight-year, $92.8MM extension shortly before the trade deadline that carries an $11.6MM cap hit beginning next season.
  • The injury to backup Casey DeSmith in Game 3 of the first round against the Predators that forced third-stringer Arturs Silovs into action for Game 4 was a minor groin issue, DeSmith said today (via Batchelor). DeSmith, who had a .911 SV% and 2.02 GAA in two appearances against Nashville after starter Thatcher Demko was injured in Game 1, said the team sat him for precautionary reasons and elected to play Silovs. He was available to play throughout the entire second round, but the younger Silovs remained between the pipes, compiling a .898 SV%, 2.91 GAA and one shutout in the first 10 postseason starts of his career.
  • Pending unrestricted free agent defenseman Tyler Myers said he’d like to return to Vancouver this summer (via Drance). The 34-year-old right-shot defender is coming off a five-year, $30MM contract that was hardly a good value proposition for the team, but the veteran had a decent season in a reduced role this year with 29 points and a +16 rating in 77 games. It was the only time he’d averaged less than 20 minutes per game in his 15-year career. Evolving Hockey projects a Myers extension in Vancouver to come in at $3.5MM per season for two years.

NHL Announces General Manager Of The Year Finalists

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The Canucks’ Patrik Allvin, the Stars’ Jim Nill and the Panthers’ Bill Zito were named finalists for the Jim Gregory General Manager of the Year Award today, the NHL announced.

Voting for the GM of the Year award is conducted among the GMs themselves, in addition to a select few NHL executives and media members. Unlike other awards, votes are sent in at the end of the second round of the playoffs, not at the end of the regular season.

None of the nominees are particularly surprising. Allvin earns his nomination after putting together some incredible work in last summer’s free agency period, bringing in depth forwards Teddy Blueger, Dakota Joshua and Pius Suter on one-year deals. All were incredibly impactful value signings, including Suter, who scored the game-winning goal late in the third period of Game 6 against the Predators to give Vancouver its first series win in four years.

He also picked up solid depth defenseman Ian Cole in free agency last summer and swung trades for center Elias Lindholm and defenseman Nikita Zadorov from the Flames throughout the season, both of whom were some of their best playoff performers. Vancouver took the Oilers to Game 7 before bowing out in the second round despite an early injury to Vezina finalist Thatcher Demko.

Nill is gunning to become the second-ever back-to-back winner of the award, joining the Islanders’ Lou Lamoriello. His signing of Matt Duchene to a one-year, $3MM contract was arguably one of the best moves of last summer, as he maintained solid top-six production in the regular season with 65 points in 80 games. He also scored the overtime winner to send the Stars to the Western Conference Final, beginning tonight at home against Edmonton. He also picked up high-end shutdown defenseman Chris Tanev from the Flames ahead of the trade deadline without parting with a first-round pick.

Zito has now earned a nomination for GMOTY in three of his four years at the helm of the Panthers’ hockey ops department, but he’s yet to be crowned the winner. The Panthers won their second division title in the past three years this season, avoiding an expected lull to begin the season without Aaron Ekblad and Brandon Montour available while recovering from offseason surgeries. His signing of goaltender Anthony Stolarz to back up starter Sergei Bobrovsky remains one of the most under-the-radar moves of last year’s free agency period – Stolarz led qualified netminders with a .925 SV% and 2.03 GAA this season.

The winner will be announced before a Stanley Cup Final game on June 10.

Rick Tocchet Wins 2024 Jack Adams Award

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While Canucks head coach Rick Tocchet is still understandably down after Vancouver was eliminated earlier this week, he did get some good news on Thursday.  The league announced that he has won this year’s Jack Adams Award, given to “the NHL coach adjudged to have contributed the most to his team’s success,” as selected by the NHL Broadcasters’ Association.  Tocchet released the following statement on the team’s website:

This really is a team award, and I couldn’t have done any of this without the support of our staff and complete buy-in from the players. I am truly honoured and humbled by this achievement and look forward to getting back to work this summer as we continue to work on improving our hockey team. Vancouver is a passionate hockey market and our fans were a huge part of our success this season.

Tocchet had his first full season behind the Vancouver bench this season after taking over for Bruce Boudreau partway through the 2022-23 campaign.  It was certainly a successful season on the ice for the Canucks as they took home the Pacific Division total with the third-most points (109) in franchise history, following a 50-23-9 effort.  They became one of the stingier teams defensively, going from allowing 3.61 to 2.70 goals per game, good for a tie for fifth-fewest league-wide.

Vancouver also had a fairly successful showing in the playoffs.  In their first playoff appearance since 2019-20 (and second since 2014-15), the Canucks overcame an opening-game injury to Thatcher Demko to get past Nashville in six games in the opening round.  They then took Edmonton to a seventh and deciding contest, ultimately falling 3-2 back on Monday.  Nevertheless, the Canucks winning the division and going two rounds into the playoffs wasn’t necessarily an outcome that many were expecting.

That thought held true in voting as Tocchet took home 82 of 114 first-place votes while landing in the top three on 109 ballots.  That gave him a decisive victory over Nashville’s Andrew Brunette and Winnipeg’s Rick Bowness who finished second and third respectively.

Tocchet becomes the third coach in Canucks history to take home the Jack Adams Award.  The others were Pat Quinn in 1992 and Alain Vigneault back in 2007.

It will be the better part of a week before the next end-of-season award is announced.  The King Clancy Memorial Trophy is next on the list with the winner of that one being revealed on Tuesday.

Canucks’ Brock Boeser Out With Blood Clotting Issue, Likely Out For Season

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May 20: Boeser’s blood clotting issue is in his leg and is expected to sideline him for the rest of the playoffs no matter how far the Canucks advance, Daily Faceoff”s Frank Seravalli reports Monday. He’s been placed on medication to address the clot.

May 19: The Canucks will be without top-six winger Brock Boeser for Monday’s Game 7 against the Oilers, per freelance reporter Irfaan Gaffar. Sportsnet’s Elliotte Friedman adds it’s a non-life-threatening blood clotting issue sidelining Boeser, who could miss more time if Vancouver advances to the Western Conference Final.

The timing of this news couldn’t be any worse for Boeser and Vancouver as they head into the seventh and deciding game of their series against Edmonton on Monday night.  The 27-year-old has been one of Vancouver’s top threats this postseason, collecting seven goals and five assists in 12 games.  He leads the team in playoff goals and is tied with J.T. Miller for the lead in points with 12 while logging more than 20 minutes a night on their top line.  Those numbers come on the heels of his best regular season, one that saw him set career-highs in goals (40) and points (73).

Among the options to take Boeser’s spot will be Ilya Mikheyev if he’s ready to return from an undisclosed injury that has kept him out of the last two games, Sam Lafferty, who has been scratched the last two games after a tough start to the playoffs, or Linus Karlsson, who was among their Black Ace recalls earlier this month and has gotten into a pair of games so far.  Head coach Rick Tocchet suggested earlier this week that he might be comfortable using top prospect Jonathan Lekkerimaki as well although that would certainly be a risky move to give a youngster his NHL debut in an elimination game.  None of those players will be able to step into the role that Boeser filled so Tocchet will have to juggle his lines to see if he can find the right combination to pick up a win without one of their top forwards.

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