Pittsburgh Penguins v Chicago Blackhawks

Report: Blackhawks, Brent Seabrook close to signing 5-year extension worth almost $30M

While the deal is still far from official, Jeremy Lynn of CSN Chicago passes along a report that the Chicago Blackhawks and Brent Seabrook are close to signing a five-year deal worth a bit under $30 million. For you non-math majors out there, that’s almost $6 million per year, although it’s likely that the year-to-year salary and cap hit might be quite different at times. This would allow Chicago to avoid dealing with Seabrook’s status as a restricted free agent this summer.

Assuming that this deal happens (it’s supposedly going to be announced in “a few days”), this would keep the young nucleus of Seabrook, Duncan Keith, Jonathan Toews and Patrick Kane together for the mid-term future.

Of course, merely glancing at some of the assets the ‘Hawks split with over the years shows that keeping that elite group together comes at a cost. They should have around $11 million of projected cap space after the Seabrook deal.* That sounds great until you consider the fact that the $11 million or so in cap space would need to cover 9-13 roster spots.

Let’s take a quick look at some of the issues that the eternally cap-challenged Chicago Blackhawks could face – at least as they are currently composed – in easy-to-digest bullet form.

  • Both of their goalies – Marty Turco (unrestricted) and Corey Crawford (restricted) – will be free agents this summer. That’s great because things with Turco haven’t worked out, but will Crawford be “The Next Antti Niemi” in a bad way (by skipping town after one nice season at the NHL level)?
  • With Duncan Keith’s cap-friendly contract, Niklas Hjalmarsson’s reasonable but far from cheap $3.5 million annual hit, Seabrook’s expected $6 million and Brian Campbell’s hilarious $7.1 million fee, the Hawks might invest $22.1 million in just four defensemen. Yikes.
  • Just to reiterate an important point, Chicago will only have $11 million to fill 9-13 roster spots, which means their chances of improving upon the team’s declining depth are slim at best.

So GM Stan Bowman once again faces an uncertain cap future. The Blackhawks front office clearly must be hoping that the salary cap ceiling goes up a few million, but even so, they’ll be like a fat guy in a little coat this summer.

That being said, it’s still pretty hard to argue with keeping Seabrook around. He’s a hard-hitting blueliner who plays rock-solid defense but can still contribute on the offensive end (four goals and 29 assists for 33 points so far this season). It’s just going to force another domino effect on the team’s depleted roster.

Such a deal makes one wonder if Bowman has some tricks up his sleeve. Will Campbell become a force in the AHL so the team can bury his ridiculous salary? Is someone else on the way out? Of course, first we need to make sure that this signing actually happens. If it does, then the Blackhawks will once again be one of the most fascinating teams to watch come free agent summer time.

* – I calculated this by taking the Hawks’ 11-12 projected cap space (a bit more than $17 million) before the Seabrook deal minus the approximate $6 million cap hit from this rumored contract extension.

Leafs avoid arbitration again, sign Corrado to one year, $600K deal

VANCOUVER, BC - FEBRUARY 13: Frank Corrado #20 of the Toronto Maple Leafs shoots the puck in NHL action against the Vancouver Canucks on February, 13, 2016 at Rogers Arena in Vancouver, British Columbia, Canada.  (Photo by Rich Lam/Getty Images)
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Over the weekend, reports suggested that Toronto and RFA blueliner Frank Corrado were close to agreeing to a new contract.

On Monday, the two sides sealed the deal.

The Leafs announced they signed Corrado to a one-year contract, with Sportsnet reporting it to be a $600,00 pact, of the one-way variety.

Corrado, 23, was scheduled to go to arbitration tomorrow. His ask was $900,000, while the Leafs countered with a $625,000 figure on a two-way deal, and $575,000 on a one-way.

So Toronto was nearly spot-on with its valuation.

The former Canucks draftee took a while to make his Leafs debut last season — he sat 28 games after they claimed him off waivers — but when he did get into the lineup, he fared reasonably well. Corrado finished with a goal and six points in 39 games, averaging 14:27 TOI per game.

This marks the second player Toronto avoided going to arbitration with. Prior to signing Corrado, the Leafs inked center Peter Holland to a one-year, $1.3 million deal.

Flyers need Schenn to build on career year

PHILADELPHIA, PA - SEPTEMBER 22:  Brayden Schenn #10 of the Philadelphia Flyers celebrates his goal in the second period against the New York Rangers on April 7, 2015 at the Wells Fargo Center in Philadelphia, Pennsylvania.  (Photo by Elsa/Getty Images)
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The Philadelphia Flyers are hoping Brayden Schenn hasn’t finished improving. The former fifth overall draft pick signed a four-year, $20.5 million contract today, after posting career highs in goals (26) and assists (33) in 2015-16.

It took a few years for Schenn, 24, to start justifying his draft position. John Tavares, Victor Hedman, Matt Duchene, and Evander Kane were selected with the first four picks that year. Oliver Ekman-Larsson was taken sixth overall.

So there was pressure.

“I think sometimes when you draft a player top five you tend to think he’s going to develop a little quicker than other guys,” Flyers GM Ron Hextall said Monday, per Flyzette. “When you look at Brayden, has he been a fast developer? I would say probably no. Has he been a slow developer? I would say probably no. He’s probably been average.

“The good thing is he’s gotten better every year and he’s a hard worker. He’s starting to figure out the intricacies of the game. He obviously had his best year to this point so hopefully he continues to build on that.”

Hextall reportedly danced around a question about Schenn being part of the “core” group, so there’s still some proving to be done. The Flyers have already committed long-term to forwards Claude Giroux, Jakub Voracek, and Sean Couturier. Wayne Simmonds and Michael Raffl have three years left on their deals, and Dale Weise signed a four-year agreement on July 1.

As for Schenn, he knows he needs to justify the Flyers’ trust in his ongoing development.

“I feel like I keep getting better and better,” he said. “I expect nothing else next year.”

Report: If the Sabres can sign Vesey, they could be more willing to trade Kane

MONTREAL, QC - FEBRUARY 03:  Evander Kane #9 of the Buffalo Sabres speaks with referee Kevin Pollock #33 during the NHL game against the Montreal Canadiens at the Bell Centre on February 3, 2016 in Montreal, Quebec, Canada.  The Buffalo Sabres defeated the Montreal Canadiens 4-2.  (Photo by Minas Panagiotakis/Getty Images)
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If the Buffalo Sabres can sign Jimmy Vesey, they may be more willing to trade winger Evander Kane.

That’s what TSN 1040 (Vancouver) radio host Matt Sekeres has been hearing, and what he’s hearing does make a lot of sense.

Kane, whose off-ice issues are once again making headlines, has two years left on his contract before he can become an unrestricted free agent. He plays the same position as Vesey, 23, who’s currently Buffalo property but can sign with any team he chooses on Aug. 15.

Even if the Sabres can’t convince Vesey to join them, Kane could still be traded. GM Tim Murray has already conceded that his patience is wearing thin with the 24-year-old that he acquired from Winnipeg not long ago. Alex Nylander, drafted eighth overall in June, plays the same position as Kane, and Murray has said it’s possible the teenager could make the jump to the NHL next season.

Buffalo, Boston and Toronto have generally been considered the favorites to land Vesey. Chicago and Pittsburgh have also been mentioned.

Related: Cue the Kane-to-Vancouver speculation

Leafs avoid arbitration with Peter Holland

TORONTO, ON - APRIL 11: Peter Holland #24 of the Toronto Maple Leafs skates up the ice during NHL action against the Montreal Canadiens at the Air Canada Centre April 11, 2015 in Toronto, Ontario, Canada.  (Photo by Abelimages/Getty Images)
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The Toronto Maple Leafs won’t require arbitration with forward Peter Holland. They’ve signed the 25-year-old to a one-year deal worth a reported $1.3 million.

Holland had a hearing scheduled for today. Last week, the Leafs sent a message by putting him on waivers, which he cleared.

Holland had nine goals and 18 assists in 65 games last season. With him signed, the Leafs have only defensemen Frank Corrado and Martin Marincin as restricted free agents. Corrado has an arbitration hearing scheduled for tomorrow; Marincin’s is next Tuesday.

Related: Corrado and Leafs aren’t that far apart