Predators sign Sergei Kostitsyn to one-year, $2.5M deal

Sergei Kostitsyn’s last contract with the Nashville Predators was a classic example of two sides needing something and coming to a fairly easy compromise. Kostitsyn’s career was in a tailspin after some ugly times with the Montreal Canadiens; it seemed like he had one foot in the NHL and the other foot in the KHL (or worse, the minors). The Predators badly needed a creative offensive talent to accompany a roster mostly built around worker bees with defense ranking as the first thing on their minds.

Maybe Kostitsyn has some warts on his game, but there should be little doubt that the deal worked out nicely for both sides. Kostitsyn reclaimed his place as a useful NHL-level forward while the Predators benefited from far and away the best offensive output of his short career as he scored 23 goals and 50 points.

This looked like the beginning of a beautiful friendship until GM David Poile’s qualifying offer snafu threw things out of whack. Poile easily re-signed some less prominent players who didn’t receive qualifying offers on Thursday, but it seemed like the Kostitsyn situation could get messy (some might say that things tend to get messy when Sergei is involved).

Ultimately, it seems like things could have been much worse, though. The Predators reportedly signed Kostitsyn to a reasonable one-year, $2.5 million contract to avoid further headaches. That seems like a slam dunk on first impact, but one must remember that $2.5 million means far more to Nashville than it does to some of the league’s more freewheeling teams. Even so, Jeremy Gover agrees that it was an acceptable deal in the grand scheme of things.

Kostitsyn deserved a raise.

But the raise he got was a lot more substantial than what he would have gotten had the Preds filed the paperwork correctly. Any restricted free agent (with Kostitsyn’s pay scale) given a qualifying offer is set to see a 10% raise. Instead, what he got was a 450% raise.

This begs the question: is one good season worth $2.5 million? Patric Hornqvist had one good season back in 2009-10 when he scored a team high 30 goals and he was rewarded with a new three year deal worth $9.2 million total. So, if Kostitsyn signed for less than that, is it really that bad?

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In the end, I’d have to say this is a good deal for Nashville. Sure, since they could’ve gotten one more season out of him at far less (had the ruling gone in the team’s favor), it stings a little. But, at the same time, given what his value would’ve been on the open market (and what Hornqvist got in a similar situation), a short-term deal at $2.5 million doesn’t seem that bad.

The best part, to me, is the term. A player like Kostitsyn might allow his mind to wander if he received a five-year contract, but dangling the carrot of another contract year in front of his face should keep him motivated through an 82-game season. The 24-year-old forward is still a ways away from unrestricted free agency, but maybe he could complete his restricted years with Nashville if he comes through in 2011-12 like he did in 2010-11.

Predators sign Arvidsson to seven-year, $29.75 million deal

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Viktor Arvidsson has cashed in on his impressive, breakout 2016-17 campaign.

Playing in the final year of his entry-level contract — and making $640,000 in total salary, according to CapFriendly — the 5-foot-9 tall Arvidsson erupted for 31 goals and 61 points playing on the top line last season for a Nashville Predators team that eventually made its way to the Stanley Cup Final.

The two sides had an arbitration hearing scheduled for Saturday.

From The Tennessean:

Viktor Arvidsson received a new contract Saturday befitting a breakout star, with the Predators signing the energetic forward to a seven-year, $29.75 million contract, Arvidsson’s agent told The Tennessean. 

Few unheralded NHL players last season surprised more than Arvidsson. Expected to be a secondary contributor, Arvidsson erupted offensively with 31 goals and 61 points as part of Nashville’s top line, tying for the team lead in each category. 

Update: The Predators have since confirmed the deal, which pays Arvidsson an annual average value of $4.25 million per season, through the 2023-24 season.

Nashville’s general manager David Poile has work remaining this offseason. The Predators still have restricted free agents Ryan Johansen — another member of that vaunted top line in Nashville — and Austin Watson left to get under contract.

Watson and the Predators have an arbitration hearing scheduled for Monday. Watson is reportedly seeking $1.4 million in arbitration.

Flames re-sign RFA goalies Gillies and Rittich

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The Calgary Flames have re-signed goalies Jon Gillies and David Rittich to one-year, two-way contracts, the club announced Saturday.

Both spent the majority of last season in the American Hockey League, but did get in some game action with the big club in Calgary. The 23-year-old Gillies, the Flames’ third-round pick in the 2012 NHL Draft, played in 39 games with the Stockton Heat, posting a .910 save percentage.

He then made his first career NHL start on April 6 against the L.A. Kings and stopped 27 of 28 shots faced for the win. He then began the playoffs as Calgary’s back-up because of an injury to Chad Johnson.

Rittich made his debut two days later, allowing one goal on 10 shots in 20 minutes of ice time versus San Jose.

The Flames have already taken care of their goaltending situation at the NHL level for next season, bringing in Mike Smith from Arizona and Eddie Lack from Carolina.

Columnist: Potential new Hurricanes owner concerned with ‘revitalizing Raleigh as a hockey market’

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The Carolina Hurricanes may have a potential new owner in Chuck Greenberg, the former CEO of the MLB Texas Rangers who also had interest in the NHL’s Dallas Stars.

A report Friday goes into further details about Greenberg’s motivation in purchasing the Hurricanes from Peter Karmanos, who has been exploring a sale of the team for quite some time now.

Previous reports indicate the agreement between the Hurricanes and Greenberg would keep the club in Raleigh, amid ages of speculation it may be a candidate for possible relocation to markets like Seattle or Quebec City.

From the Raleigh News and Observer:

Interviews with people close to Greenberg and others who have knowledge of the proposed purchase but requested anonymity because of the sensitivity of the talks paint a picture of a front man who would be deeply concerned with the fan experience and revitalizing Raleigh as a hockey market, but lacking the money to fund the purchase himself and reliant on a group of investors to get the deal done.

If the deal goes through, at a reported price of $500 million that likely includes a large amount of assumed debt while valuing the actual franchise closer to $300 million, Greenberg would move to Raleigh with the intention of making the team work here. That’s what Hurricanes fans long afraid of a move to Quebec City or Seattle during these years of ownership uncertainty as Karmanos has had the team on the market have been hoping to hear.

The Hurricanes won the Stanley Cup in 2006 but haven’t made the playoffs since 2009. Despite their postseason drought, Carolina is building quite a depth of young talent, most notably on defense. They could take another positive step forward next season, perhaps contending for a playoff spot. In a bid to bolster their goaltending situation, the Hurricanes also acquired and then signed former Chicago No. 2 netminder Scott Darling.

Predators’ Watson asking for $1.4 million in arbitration

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It could be a busy couple of days for the Nashville Predators with two arbitration hearings scheduled through Monday.

The first of those two was scheduled for Saturday with restricted free agent forward Viktor Arvidsson, while Austin Watson is scheduled to have his on Monday if no deal is struck before then. On Saturday Sportsnet’s Elliotte Friedman reported that Watson and the Predators have filed their numbers for that hearing with Watson looking to make $1.4 million, and the Predators countering with an offer of $700,000.

Watson made $575,000 this past season for the Predators when he scored five goals with 12 assists in 77 games while mostly playing in a bottom-six role.

The 25-year-old Watson was a first-round pick by the Predators in 2010 and has played his entire career to this point with the organization. In parts of three seasons with the big club he has scored just nine goals in 140 games.

He played what was perhaps his best hockey with the team during the 2016-17 playoffs when he scored four goals (nearly matching his career regular season high) and added five assists during the Predators’ run to the Stanley Cup Final. All four of those goals came in the Western Conference Finals against the Anaheim Ducks, including two in their series-clinching Game 6 win. He also recorded three assists in the Stanley Cup Final.

Given the relatively small gap here this seems like a classic “meet in the middle” situation when it comes to reaching a deal for this upcoming season.