Wild place Cam Barker on waivers, is a buyout on the way?

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One of the amusing trends of this week revolves around former Blackhawks GM Dale Tallon’s old contracts being moved off Chicago’s books. That happened when the ‘Hawks moved Brian Campbell’s monstrous deal to Tallon’s Florida Panthers and it also occurred when Tallon acquired Tomas Kopecky’s negotiating rights from Chicago.

Even when Chicago and Florida aren’t directly involved, it still seems like there has been some fallout from Tallon’s decisions. The Minnesota Wild decided to put former Tallon signing Cam Barker on waivers today as part of process that some believe will end with a buyout.

Michael Russo explains that the Wild would be able to buyout Barker’s $3.25 million salary for 2011-12 for $1.08 million, which incur a $375K cap hit in 11-12 and about a $542K one in 12-13. Barker would need to clear waivers twice for Minnesota to complete the buyout.

How Barker, Minnesota got here in the first place

Tallon re-signed the likes of Barker and Kris Versteeg to somewhat bloated deals during the 2009 off-season after the Blackhawks dealt with the embarrassing fallout that came with failing to file qualifying orders properly. Chicago eventually handed Barker a three-year, $9.25 million deal that ended up being so unsavory that they traded him to Minnesota for Kim Johnsson’s expiring contract in the middle of the ensuing 09-10 season.

It ultimately proved to be a deft move by a Blackhawks front office that needed as much breathing room as possible going into the 2010 summer. They won the Stanley Cup without Barker and used that cap space to aid their efforts to keep some (but not all) of their pieces together.

Meanwhile in Minnesota, Barker struggled mightily with the Wild. After scoring a career-high 40 points with Chicago in 2008-09, Barker managed just 21 points with the Blackhawks and Wild in 09-10 and only five points in 52 games with Minnesota in 10-11. He’s known as a more effective scorer than defender relative to other blueliners, so seeing his scoring production dry up so starkly has been very unsettling.

If the Wild do indeed buy out Barker and make him an unrestricted free agent, there might be a moderate market for a still-young player who once scored 40 points and was the third overall pick of the 2004 NHL Entry Draft. That being said, teams better beware of how much money they hand him after two lousy seasons. In other words, Barker’s agent might want to keep Mr. Tallon’s number around.

Blockbuster: Rangers send Stepan, Raanta to Coyotes for No. 7 pick, DeAngelo

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Just when you thought Stan Bowman was the busiest man at draft weekend, John Chayka upped the ante.

Just minutes after acquiring Niklas Hjalmarsson from the ‘Hawks, Chayka went out and acquired veteran Rangers center Derek Stepan — along with netminder Antti Raanta — in exchange for the No. 7 overall pick at tonight’s draft, and young d-man Anthony DeAngelo.

The trade was first broken by TSN’s Darren Dreger, later confirmed by fellow TSNer Bob McKenzie.

Phew.

In Stepan the Coyotes get a massive upgrade at the center position, which was bereft of talent for all of last season. It’s why Arizona had been tied to Stepan for most of this week. The 27-year-old has consistently been able to go beyond the 50-point plateau, with 17 goals and 55 points last season, and will certainly be a boost to Arizona’s crop of talented young forwards.

Stepan’s entering the third year of a six-year, $39 million contract that comes with an annual cap hit of $6.5 million. And, importantly, the Rangers moved him prior to his no-trade clause kicking in next season. The money freed up by trading Stepan could be used in free agency to land, say, defenseman Kevin Shattenkirk.

As for the other part of this deal, the Coyotes could also have their starting netminder of the future in Raanta, now that Mike Smith has been shipped off to Calgary. Raanta has been one of the league’s best backups working behind Henrik Lundqvist in New York, and a new No. 2 goalie is probably on the Rangers’ revised shopping list.

This trade also gives New York a pair of first-rounders this evening — the Rangers already held the No. 21 overall selection — which is important, given GM Jeff Gorton is without second- and third-round picks. They Blueshirts also received a good puck mover in DeAngelo, a former first-round pick himself.

DeAngelo, 21, made his NHL debut last year and scored 14 points in 39 games. He’s been described as a skilled offensive defenseman, but one with a history of disciplinary issues. That continued last year in Arizona, when he was suspended three games for abuse of an official.

More to follow…

 

Chicago Fire: ‘Hawks re-acquire Saad, send Panarin to Columbus as massive shakeup continues

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Stan Bowman has made good on his promise for big changes in Chicago.

Just minutes after sending longtime defenseman Niklas Hjalmarsson to Arizona, Bowman got the band back together by re-acquiring former ‘Hawk Brandon Saad, who he traded to Columbus two years ago.

Per Sportsnet, the Blue Jackets will receive Artemi Panarin in exchange. Right now it’s unclear if any other pieces are involved in the deal, though earlier the ‘Hawks were reportedly looking to move up to the No. 7 pick in tonight’s draft, a pick Arizona currently holds.

UPDATE: Per TSN’s Pierre LeBrun, Chicago will also get goalie Anton Forsberg and Columbus’ fifth-round pick in 2018. Columbus will get Tyler Motte and Chicago’s sixth-round pick this year.

Saad left Chicago shortly after the 2015 Stanley Cup win, in a deal that landed the ‘Hawks Artem Aninisov and a handful of others. The 24-year-old has since gone on to score 31 and 24 goals in his two years with the Blue Jackets.

Immediately after Saad left, Panarin joined the ‘Hawks and immediately stepped in as a frontline contributor. He’s posted back-to-back 30-goal campaigns — capturing the Calder as the NHL’s top rookie in 2016 — and has been a dynamic offensive player, often alongside Patrick Kane.

As for the money involved, both carry identical $6 million hits. Big difference is that Saad’s locked in through 2021, whereas Panarin is eligible to be a UFA in 2019. So there’s certainly more cost certainty for Bowman with this trade.

More to follow…

After helping ‘change the culture,’ Greene’s Kings career ends with buyout

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The Los Angeles Kings made it official on Friday and bought out the remaining years of defenseman Matt Greene‘s contract.

Greene spent nine years as a member of the Kings, winning two Stanley Cups with the team in 2011-12 and 2013-14.

In a statement announcing the move, team president Luc Robitaille spoke about Greene’s impact on the organization and how he helped change the team’s culture as soon as he arrived.

“Matt has made incredible contributions to our hockey club and we are very grateful for everything he has done since joining our organization including his outstanding leadership,” said Robitaille.

“Upon his arrival to Los Angeles he played a significant role in helping change the culture of the Kings and his contributions to our two Stanley Cups in particular is immeasurable.”

Injuries have completely decimated Greene’s career in recent years, limiting him to just 154 games over the past five seasons.

The buyout will cost the Kings a salary cap hit of $833,333 for the 2017-18 and 2018-19 seasons.

Trade: Chicago sends Hjalmarsson to Coyotes for Murphy, Dauphin

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One of the key pieces of Chicago’s three Stanley Cup championships is on the move.

Blueliner Niklas Hjalmarsson, who’s spent his entire 10-year career with the Blackhawks, has been dealt to Arizona in exchange for fellow defenseman Connor Murphy, and prospect Laurent Dauphin.

Hjalmarsson, 30, has been a staple of the Chicago defense for quite some time. He’s durable, having only missed 11 games over the last four seasons, and has earned his reputation as a reliable top-four defensive defenseman.

As for the financials, Hjalmarsson has two years remaining on a five-year, $20.5 million deal with a $4.1M average annual cap hit. It’s worth noting he has a modified no-trade clause, in which he had to submit a 10-team trade list.

Murphy, 24, just wrapped the first of a six-year, $23.1 million deal with a $3.85M hit. That he was moved has to come as some surprise, given he signed a lengthy extension just last summer and, at the time, GM John Chayka said Murphy was “a guy we think can be part of our leadership group for a long time moving forward.”

Murphy appeared in 77 games for the Coyotes last year, scoring 17 points. It’s probably worth noting his TOI actually decreased after signing his extension, from 20:30 in ’15-16 to just 19:11 last year.

Dauphin, 22, was the 39th overall pick in 2013. He split last year between Arizona and AHL Tucson, and was a good scorer at the minor league level (28 points in 38 games).