The Boston Bruins salary cap problems, a short-term headache needing a fix

Thumbnail image for neely-chiarelli.jpgWhile the Bruins have had a solid off-season adding a scoring winger in Nathan Horton and adding depth to their forwards with Greg Campbell as well as the signing of Tyler Seguin, there’s one glaring weakness remaining for the Bruins to get settled: Their salary cap situation. We’ve talked a lot here about the Bruins and their potential for big problems with the salary cap this season, but ESPN Boston’s Jimmy Murphy looked at things a bit closer.

The Bruins once again pointed out that when the season begins, they can at least use the $3.5 million from Sturm’s salary for cap relief until he returns in what Chiarelli still believes will be mid- to late-November. Between the first drop of the puck and then, however, he can at least evaluate what possible changes need to be made.

“We’re over the cap right now but we have a player in Marco Sturm that we can put on long-term injury,” Chiarelli said when asked if the current roster is cap-compliant. “At some point we’d have to make some changes when Marco’s ready to come back, but that’s the reason you have long-term injury, that you can go in excess of the cap and see how your team unfolds while your injured player is rehabbing and recuperating.”

Until training camp, though, Chiarelli said he is confident in the players he has.

“We have the ability to ice a team and a good team, and if that’s all we do [signing Seguin] between now and the start of camp, I’d be very happy,” he said.

Oddly enough, having that cushion with Marco Sturm on LTIR is saving the Bruins a lot of trouble immediately. If Sturm were healthy right off the bat, a move would need to be made before the start of the season to free up cap space. Instead, they’ll get a couple months reprieve from needing to make a move. That gives the Bruins hope that perhaps in that two months $4 million winger Michael Ryder can play well enough to convince a team they’d like to trade for his services.

Ryder is in the last year of his contract and playing exceptionally well would go a long way towards helping him earn another nice contract in the off-season. It could also help save him the ignominy of being sent down to the AHL to help save the Bruins that money on the cap. I’m sure the Bruins would rather not pay Ryder $4 million to play for the Providence Bruins in the AHL, but if no one is willing to trade for him it seems almost certain that that’s what will happen once Marco Sturm is ready to come off of long-term injured reserve.

For the Bruins though, this is just a one-year problem to have as there’s a lot of money coming off the cap after this season with Sturm, Ryder, Patrice Bergeron, Mark Recchi, Zdeno Chara and Mark Stuart all becoming unrestricted free agents after this year. Sturm and Ryder alone represent $7.5 million of cap space by themselves. Surviving this year in salary cap hell will be tricky for the Bruins but they’re poised to still be very good and perhaps the pain of the cap can be rewarded. It worked for the Blackhawks last year after all.

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    Marchessault, Pirri providing great bang for buck

    SUNRISE, FL - OCTOBER 13: Jonathan Marchessault #81 of the Florida Panthers celebrates a goal during Opening Night of the 2016-2017 NHL Season against New Jersey Devils at BB&T Center on October 13, 2016 in Sunrise, Florida.  (Photo by Mike Ehrmann/Getty Images)
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    This summer’s free agent class was highlighted by a number of big-money deals.

    Yet through the first month of the season, the real highlight has been the guys that came on the cheap.

    Nowhere is this more true than in Florida, where Jonathan Marchessault — signed to a two-year, $1.5 million deal with a $750,000 cap hit — has been a revelation. The undrafted free agent, who spent time with the Rangers, Blue Jackets and Lightning, has five goals and 10 points through seven games with the Panthers.

    Marchessault is playing on the club’s top line with Aleksander Barkov and Jaromir Jagr, and leads the Panthers in scoring.

    “It’s been a wonderful find for us,” team president Dale Tallon told Sportsnet. “He’s real tricky and good down low. Sees the ice well. He’s not the biggest guy. Some guys slip through the cracks. Some guys are late bloomers.

    “It’s not necessarily a bad thing to not get drafted.”

    In New York, one of Tallon’s ex-players is providing equally good value.

    Brandon Pirri, who went most of the summer without a contract before signing with the Rangers in August, is off to a terrific start. Inked to a one-year, $1.1 million deal, Pirri has four goals and six points in seven games, and leads the team in power-play markers.

    “I’m glad we’re the ones who got him,” Derek Stepan said, per the Associated Press. “He’s got a knack for the net. It’s not easy to score goals in this league and he seems to be in those areas to score.

    “That’s a difficult thing and, to me, that’s a skill. If you have it, it’s special and it’s rare.”

    Some other under-the-radar signings that have stood out:

    — The backup goalie position in Montreal was a disaster last season, so full credit to GM Marc Bergevin for solving it on the cheap. Al Montoya was brought aboard for $950,000, and all he’s done is go 3-0-1 with a .955 save percentage and 1.47 GAA. He also provided crucial stability at the start of the year, too, when Carey Price was sidelined with the flu.

    — In Dallas, Adam Cracknell has capitalized on the opportunity provided by all the club’s injuries at forward. Signed to a two-way deal with a $600,000 cap hit, 31-year-old has two goals and three points through seven games, appearing in every contest for the Stars this season while averaging over 10 minutes per.

    Patrick Wiercioch, who didn’t even get a qualifying offer from Ottawa, signed with Colorado for $800,000. The 26-year-old d-man has been great offensively, with five points through five games, leading all Avs blueliners in scoring.

    — Speaking of Ottawa, GM Pierre Dorion did well to sign Tom Pyatt out of the Swiss League. Inked to a one-year, two-way deal worth $800,000, Pyatt returned to the NHL after two years abroad and “has been really good for us on both sides of the ice,” according to head coach Guy Boucher. Pyatt has three points through six games and is one of the club’s top penalty killers.

    Tim Leiweke could play role in redevelopment of Seattle’s KeyArena

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    Tim Leiweke is best known as the former president and CEO of sports empires AEG and MLSE. (And also for calling out the “just terrible” character of the Toronto Maple Leafs.)

    But Leiweke has a new gig now, and according to the Seattle Times, he may end up playing a key role in Seattle’s long-running arena saga.

    A powerful, new Los Angeles-based company headed by sports executive Tim Leiweke and concert kingpin Irving Azoff wants to renovate KeyArena and make it compatible for NBA and NHL use.

    “We believe in the KeyArena location,” Leiweke, CEO of the 11-month-old Oak View Group, told The Seattle Times in an interview Thursday night. “We believe that the studies have proven — and we will continue to do additional studies as we go through this process — that there is a chance to renovate and make that arena work for music and sports.”

    We wrote yesterday about the potential renovation of KeyArena. It’s worth noting that Leiweke’s new company was formed in partnership with MSG, which owns the New York Rangers. Leiweke’s old company, AEG — which owns the Los Angeles Kings — is also interested in the KeyArena project.

    Seattle mayor Ed Murray confirmed yesterday that the city will issue a request for proposals in early January “to solicit specific plans from private parties interested in the redevelopment of KeyArena. Proposals would be centered around developing an entertainment facility that can host meetings, concerts and sporting events.”

    Where that leaves Chris Hansen’s SoDo project remains to be seen. Hansen started this week’s avalanche of news by offering to build his arena without public financing.

    Murray did note in his statement that any KeyArena proposals would “join the recently-revised proposal from the group led by Chris Hansen as possibilities for the development of an arena in Seattle.”

    Related: Is the NHL just waiting for Seattle?

    Rantanen to debut on Colorado’s ‘kid line’ with Grigorenko, MacKinnon

    DENVER, CO - OCTOBER 21:  Mikko Rantanen #96 of the Colorado Avalanche warms up prior to facing the Carolina Hurricanes at Pepsi Center on October 21, 2015 in Denver, Colorado. The Hurricanes defeated the Avalanche 1-0 in overtime.  (Photo by Doug Pensinger/Getty Images)
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    It’s not often a 22-year-old is the elder statesmen on his line, but that’s exactly what Mikhail Grigorenko will be on Friday night.

    Grigorenko’s the resident greybeard on Colorado’s “Kid Line,” one that features 21-year-old Nathan MacKinnon and, for the first time this season, 19-year-old Mikko Rantanen.

    Rantanen, taken 10th overall by Colorado in 2015, will make his season debut tonight against Winnipeg, after missing time with an ankle injury and fulfilling a rehab stint in AHL San Antonio.

    Needless to say, the Avs are glad to have him back.

    Rantanen had a terrific ’15-16 campaign. He split AHL Rookie of the Year honors with Providence’s Frank Vatrano, and helped Finland capture gold at the World Juniors. Rantanen also became the second-youngest player (18 years old) to participate in an AHL All-Star Game and earned a late-season recall to Colorado, where he made his NHL debut and appeared in nine games.

    At 6-foot-3, 212 pounds, Rantanen has the size and physique to be a real force alongside Grigorenko and MacKinnon.

    And he’s hoping he can be a force at the NHL level for a long time.

    “I want to do what I do best, bring my strengths to our team,” he said, per the Colorado Springs Gazette. “I want to do everything I can to stay here. I would like to stay here for a while.”

    It’s fair to suggest head coach Jared Bednar made this move in the hopes of providing a spark. The Avs are 3-2-0 to start the year, but have lost two of three and haven’t played since last Saturday.

    MacKinnon is tied for the team scoring lead with five points through five games, while Grigorenko sits tied for second in assists, with three.

    McIlrath clears waivers, which may surprise a few people

    NEW YORK, NY - JANUARY 25:  Dylan McIlrath #6 of the New York Rangers takes the puck as Matt Moulson #26 of the Buffalo Sabres defends at Madison Square Garden on January 25, 2016 in New York City.  (Photo by Elsa/Getty Images)
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    Alain Vigneault got his wish. Dylan McIlrath has cleared waivers and been assigned to AHL Hartford.

    McIlrath, 24, was placed on waivers yesterday after getting into just one game for the New York Rangers through their first seven.

    “Selfishly, I hope he clears waivers and goes to Hartford and plays,” the Rangers’ head coach said. “But if somebody would pick him up and give him an opportunity, I’d be very happy for him.”

    Many speculated that McIlrath, a right shot, would get claimed, perhaps by a team like the Boston Bruins. But the emergence of rookie Brandon Carlo, combined with the return of Adam McQuaid from injury, made a claim less likely for the B’s. Carlo and McQuaid both shoot right, as does regular Colin Miller. (Ditto for Kevan Miller, though he’s on injured reserve with a broken hand.)

    And so McIlrath remains a member of the organization that drafted him. Hartford plays tonight and tomorrow at home to Lehigh Valley and Utica, respectively.