Philadelphia Flyers 2010-11 cap situation: Now or later?

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Thumbnail image for Thumbnail image for Thumbnail image for jeff carter.jpgThe Philadelphia Flyers are probably still a little sore about Wednesday’s loss. After all, they were one overtime goal away from preparing for a penultimate Game 7 bout tonight. Instead, their season is over, two wins short of a Stanley Cup.

Still, as I’ve written many times before, this team exceeded most people’s expectations. They also saw key contributions from a few expected sources (Chris Pronger, Mike Richards) but also the rise of some young players (Claude Giroux, Ville Leino) and heroism from unexpected guys (Danny Briere, Michael Leighton).

Yet while everyone is harping on the Chicago Blackhawks salary cap situation (jeez, guys, I was obsessing about that last year), few people have given much of a look at the very interesting situation the losing Cup finalist is in. Here’s a screen capture of the next few years of commitment for the team, from the always valuable CapGeek.com. (Click to enlarge)

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Here are a few other important tidbits. Keep in mind these numbers are based on CapGeek’s active roster, with no assumptions about minor league players filling roster spots.

2010-11 Cap space: About $8.83 million

Needed: 1 forward, 2 defensemen and 1 goalie + 2 reserves.

Biggest free agent(s): Braydon Coburn (restricted)

The Flyers’ 2011 summer might look a lot like the Blackhawks’ pending headache-filled July. It’s true that the team can put off most of its toughest decisions until then, but if they’re forward-thinking, they’d recognize that the franchise is at a true crossroads right now. After the jump, I’ll take a look at some of the most fascinating questions.


Now or later?

As I said before, the Flyers almost seem like last year’s Blackhawks. Chicago – to me at least – clearly made a decision to go for the Cup at the possible expense of their future last summer. With three major deals set to expire after next season, the Flyers are going to get some bargain seasons next year. Should they see how that pans out or take a long-term view? Let’s expand on that.

Giroux and Leino

One of the stories of Philly’s run was the emergence of Ville Leino and Claude Giroux. Each guy brought plenty of skill and productivity to the table in a lost cause. There’s some good news and bad news about their cap situations. On one hand, both are making less than 900k next season, giving the Flyers two resounding bargains (especially if they can be anywhere near as effective as they were in the playoffs). Of course, there’s a catch; both only have one more year on their contracts (Leino will be unrestricted while Giroux will be restricted). The team could roll the dice short-term by letting them play out their contracts or gamble long-term by signing them now.

Certainly, it will be interesting to see how Philly handles those two.

Move Jeff Carter or Danny Briere?

If Giroux and Leino prove to be consistent scoring threats, the Flyers might need to move a contract or two to keep them with the team.

That brings me to two interesting cases: Carter and Briere.

In the case of Carter, his affordable $5 million cap hit will come off the books after this season. The sniping, right-handed center brings some undeniable skill to the table but I’ve always had some misgivings regarding his overall usefulness when games get a little tighter.

Briere, on the other hand, made a lot of critics eat some crow after he scored more points than any other player in this year’s playoffs (more on that later, maybe). You could look at his resurgence two ways; either he’s a special weapon suddenly worth his $6.5 million cap hit or – conversely – his highly productive playoff run could really boost his trade value.

Conclusions

Putting myself in Paul Holmgren’s shoes, my first act would be to sign Michael Leighton to a short, cheap deal (or find another goalie who will be frugal). I’d probably let Leino and Giroux prove they could produce now that they’re not flying under the radar. Then I’d seriously consider trading Carter or Briere, possibly for a solid young defenseman who could ease some of Chris Pronger’s blueline burden.

What do you think about the Flyers’ cap situation? Would you go for broke next year or try to arrange the team for a brighter future? Share all in the comments.

Report: Capitals keep Connolly for two years, $3 million

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Earlier on Monday the Washington Capitals did not extend a qualifying offer to restricted free agent Brett Connolly. Even with that decision there were indications the team was still looking to re-sign him before he became an unrestricted free agent on July 1.

On Monday night the team reportedly did just that.

According to TSN’s Bob McKenzie the Capitals have agreed to terms with Connolly on a two-year contract that will pay him an average annual salary of $1.5 million per season.

He played the 2016-17 season on a one-year deal that paid him $850,000.

The 24-year-old Connolly appeared in 66 games for the Capitals this past season, scoring 15 goals and posting excellent possession numbers to make him a valuable depth player for a team that won the Presidents’ Trophy for the second year in a row. But after being held without a point in his first seven playoff games he found himself as a healthy scratch for the remainder of their second-round series against the Pittsburgh Penguins, being replaced by Paul Carey.

 

Trade: Vegas sends Marc Methot to Stars

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After being selected in the expansion draft Marc Methot‘s stay with the Vegas Golden Knights was a very brief one.

The veteran defenseman was traded to the Dallas Stars on Monday evening in exchange for a 2020 second-round draft pick and goalie prospect Dylan Ferguson.

Ferguson was just selection by the Stars this past weekend in the seventh-round.

It has been expected that Vegas would continue to deal players it selected in the expansion draft as it looks to build its organization from the ground up, and draft picks seem to be their desired return at this point in trades.

After making 12 selections this past weekend thanks to their many pre-expansion draft dealings, the Golden Knights have already started to stockpile future draft picks in several trades. They already have 11 draft picks, including three second-round selections, for the 2019 draft (which is still two years away) and already nine for the 2020 draft (three years away!). That total includes another three second-rounders in 2020 including the pick they just acquired for Methot.

They also have Pittsburgh’s second-round pick in 2020 in exchange for taking goaltender Marc-Andre Fleury in the expansion draft.

As for the Stars, they are clearly looking to reshape their defense after taking a pretty significant step backwards this past season. They were 29th in the NHL in goals against.

In 68 games with the Ottawa Senators this past season Methot scored zero goals while recording 12 assists. He spent most of his time the past few seasons playing alongside Erik Karlsson. He might get an opportunity to play next to another Swedish star in Dallas if the Stars decide to pair him with John Klingberg.

Vegas picked a lot of veteran defensemen in the expansion draft with the hopes of potentially flipping them to other teams (Jason Garrison, Alexei Emlin, Clayton Stoner, just to name a few). If the return for Methot on Monday night is any indicator of what to expect, you should probably expect more future draft picks to come their way if they end up dealing any of them in the coming weeks.

Stability, Stanley Cup aspirations ‘a breath of fresh air’ for Mike Smith

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The Calgary Flames officially introduced their two newest players on Monday afternoon when they welcomed starting goaltender Mike Smith and defenseman Travis Hamonic to the organization.

The addition of Hamonic gives the Flames what should be an outstanding top-four on defense as he joins a blue line that already features Mark Giordano, T.J. Brodie and Dougie Hamilton.

While that defense might be one of the better ones in the Western Conference, the Flames are hopeful that Smith can help solidify a goaltending position that was a major question mark this past season and a significant weakness for much of it.

It’s not only a big move for the Flames, but it also seems to be an exciting one for Smith as he goes from a team in a clear rebuild mode that hasn’t made the playoffs in five years to one that suddenly has Stanley Cup aspirations.

On Monday, Smith was asked about what it is like for him going from a team that was constantly surrounded by uncertainty off the ice and what it will be like to play for a team that wants to keep getting closer to a Stanley Cup.

“It’s a breath of fresh air,” said Smith. “It’s something I have been begging for quite some time now. I am a competitor, and I want to win real bad. I feel like this move is an opportunity and a challenge and I am going to take it on full steam. I really respect this team, playing against them is always a challenge. I look forward to being on this side of it and helping this team be real successful.”

Smith spent the past six seasons in Arizona, compiling a .916 save percentage during that time. He is coming off of a 2016-17 season that saw him go 19-26-9 in 55 games with a .914 save percentage.

Flames goalies finished the season with a .910 mark as Brian Elliott and Chad Johnson spent most of the season splitting time in the crease. Neither goalie will be back this season making it the second year in a row they have completely overhauled the position.

With a defense that figures to be one of the best in the Western Conference and an offense led by young stars Johnny Gaudreau, Sean Monahan, and Matthew Tkachuk the Flames are clearly in a win-now mode. That is going to put a ton of pressure on Smith to solidify the position. That pressure does not seem to bother him.

“The position calls for that,” said Smith, via the Flames’ website. “I’ve taken it upon myself to be that guy, every time I go on the ice.

“I’m one guy who wears his heart on his sleeve. I want to win so bad that sometimes it can work against me. I think, though, with experience in the league I’ve learned how to handle that, how to be a solid force back there. I think I can bring some leadership, be a calming influence back there.”

Bennett, Grigorenko, Chiasson among notable players to not receive qualifying offers

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Monday was the deadline for teams to extend qualifying offers to pending restricted free agents, and there were a number of notable ones to not receive such an offer from their teams, making them eligible for unrestricted free agency on July 1.

Among some of the bigger names to not receive offers were Washington Capitals forward Brett Connolly, St. Louis Blues forward Nail Yakupov, New Jersey Devils forward Beau Bennett, Colorado Avalanche forward Mikhail Grigorenko, and Calgary Flames forward Alex Chiasson.

Connolly scored 15 goals in only 66 games for the Capitals this season, and it sounds like even though he did not receive a qualifying offer on Monday the team would still like to re-sign him. Update: The Capitals have reportedly re-signed him for two years, $3 million.

Playing in his first season with the Devils, Bennett set new career highs in games played (65), goals (eight), assists (11) and total points (19) but it was not enough to get him a qualifying offer so he will head to the UFA market.

Chiasson is an interesting one because he was a regular in the Flames’ lineup this past season, appearing in all but one game and scoring 12 goals.

Yakupov is notable because he was a No. 1 overall pick back in 2012 and has simply never been able to become a consistent impact player in the NHL. He played in 40 games for the Blues this season, scoring only three goals and recording just six assists.

Overall, it was a rough day for the 2012 draft class. Yakupov was one of four first-round picks from that class to not get a qualifying offer on Monday as Mikhail Grigorenko (No. 12 overall), Henrik Samuelsson (No. 27 overall) and Stefan Matteau (No. 29 overall) all joined him.

Grigorenko was originally drafted No. 12 overall by Buffalo but was traded to Colorado as part of the Ryan O'Reilly trade, a deal that has, to say the least, not worked out at all for the Avalanche.

Samuelsson to this point has only played in three NHL games.

Matteau, selected by the Devils, was traded to Montreal for Devante Smith-Pelly a year ago.

Joe Morrow was not given a qualifying offer by the Boston Bruins meaning every piece they originally acquired as part of the Tyler Seguin trade will no longer be with the organization. The only link remaining to Seguin is forward Jimmy Hayes (he was acquired for Reilly Smith, who was a part of the original Seguin trade).

Andrej Nestrasil was also not given an offer by the Carolina Hurricanes, which probably should not be a surprise given his comments back in March.