Niklas Kronwall

Detroit signs Kronwall to seven-year extension worth $33.25 million

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If there’s one thing Ken Holland is good at as Red Wings GM it’s locking up Detroit’s future cornerstones to long-term deals. Niklas Kronwall was set to become an unrestricted free agent at the end of the season and make a killing on the open market, but instead he’ll stay in Detroit for seven more years.

UPDATE: TSN’s Bob McKenzie reports that the deal is worth $4.75 million per year against the cap, good for a total of $33.25 million. Kronwall turns 31 in January. Kronwall’s current deal has a cap hit of $3 million per year. The Wings had to pay up harder knowing full well that Nicklas Lidstrom won’t play forever (sad as that is).

Kronwall has made a name for himself with the Red Wings as a punishing checker and lately has opened up his offensive game to make him one of the league’s more solid two-way threats. Of course, Kronwall will forever be better known for his destructive open ice hits. Just ask any number of players in the Central Division that were unfortunate enough to be caught with their heads down coming through the neutral zone.

With Nicklas Lidstrom’s career winding down (we refuse to say this will be his last year), the heir to the throne is Kronwall. After all, both came up through the organization, both were highly touted, and both hail from Sweden. Kronwall’s more physical nature makes him different from Lidstrom, but Lidstrom is the better player by far. Detroit hopes that with security in place for Kronwall he’ll settle in and embrace his role as their man on the blue line for the future.

If he can turn into a Norris finalist in the future, it’ll be a huge success for the Wings. Asking for another Lidstrom is asking for another once-in-a-generation player.

Jackets re-sign Sedlak, AHL affiliate’s leading playoff scorer

COLUMBUS, OH - SEPTEMBER 20:  Lukas Sedlak #85 of the Columbus Blue Jackets waits for the pass during the game against the Winnipeg Jets on September 20, 2011 at Nationwide Arena in Columbus Ohio.  The Blue Jackets defeated the Jets 5-1.  (Photo by John Grieshop/Getty Images)
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Columbus farmhand Lukas Sedlak, who currently sits tied atop AHL Lake Erie’s playoff scoring leaderboard, has signed a one-year, two-way deal, the Jackets announced on Wednesday.

Sedlak, 23, was a fifth-round pick in 2011 that’s spent the last three years in the American League. This season was by far his most successful — in addition to potting a career-best 14 goals, he’s become close to a point-a-game producer in the playoffs, with 11 through 12 games.

“Sedlak has been on a run for us with goal-scoring,” Lake Erie head coach Jared Bednar said, per the Columbus Dispatch. “He’s not a guy who does it for us every night. But he works so hard in all the other areas.”

Sedlak has yet to make his NHL debut, but could be in the mix for a recall next season.

Despite Canadian dollar, Bettman still expects ‘revenue increase’

NHL commissioner Gary Bettman answers a question during a news conference before the NHL All-Star hockey game skills competition, Saturday, Jan. 30, 2016, in Nashville, Tenn. (AP Photo/Mark Humphrey)
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The Canadian dollar is trading at around $0.77 USD today. While that’s up considerably from where it was a few months ago, the damage has already been done to NHL revenues.

“If the Canadian dollar was still at par, we would be $100 or 200 million higher perhaps than we may find ourselves,” NHL commissioner Gary Bettman told Bloomberg Television today.

Having said that, Bettman still expects there will be a “revenue increase” compared to last year, adding that “we continue to grow year after year and set new records.”

More from Bloomberg:

Bettman said that while the NHL’s revenue growth has come across the entire business, the league has seen its biggest boon in its digital platform. The league last year signed a six-year, $1.2 billion contract with Major League Baseball’s interactive media and Internet arm, or BAM, to operate the its digital operations, streaming services and TV network. The NHL got a 10 percent stake as part the deal.

The NHL playoffs are currently in the middle of the conference finals. The NHL’s fiscal year ends June 30.

League revenues, of course, have a direct impact on the salary cap, and let’s face it, that’s the only thing most fans care about.

As of March, the cap was expected to grow from $71.4 million in 2015-16 to $74 million next season.

However, that projection assumed the NHLPA would accept the CBA’s standard five percent growth factor, and with escrow topping the list of player concerns, that’s no given.

The players’ association will discuss and make a decision on the growth factor at some point before July 1.

Related: Bowman noncommittal on Shaw and Bickell, needs to know salary cap first

Devils’ Merrill undergoes shoulder surgery, out four months

NEWARK, NJ - JANUARY 04: Jon Merrill #7 of the New Jersey Devils skates against the Detroit Red Wings at the Prudential Center on January 4, 2016 in Newark, New Jersey. The Red Wings defeated the Devils 1-0.  (Photo by Bruce Bennett/Getty Images)
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New Jersey d-man Jon Merrill, who struggled through an injury-riddled campaign, has undergone successful shoulder surgery with an expected recovery time of four months, the club announced on Wednesday.

Merrill, 24, only appeared in 47 games this year, first missing time with an arm injury, then suffering a shoulder ailment late in the year.

There was no clear indication if the two ailments were related, but Merrill’s arm injury was on the right side, and surgery was on his right shoulder.

A former University of Michigan standout taken 38th overall in 2010, Merrill enjoyed solid rookie and sophomore campaigns in New Jersey. His second year was especially solid — 14 points in 66 games, averaging over 20 minutes per night — and he boasts good size, going 6-foot-3, 205 pounds.

Based on the four-month timetable for recovery, Merrill will likely miss parts of New Jersey’s training camp and preseason action.

Max Talbot mulling European options for next season

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After a 10-year career with over 700 games played and one Stanley Cup, Maxime Talbot could be done in the NHL.

Per RDS, Talbot — who’ll hit unrestricted free agency on July 1 — has “some options in Europe” for next season, and is contemplating a move overseas.

In his prime, Talbot was a gritty, hardworking forward with decent touch around the net. He scored double-digit goals four times, including a career-high 19 in ’11-12.

The 32-year-old split last season between Boston and its AHL affiliate in Providence, scoring seven points in 38 games at the NHL level.

Talbot did acquit himself very well with the P-Bruins — 21 points in 26 games — and has some experience playing abroad, having suited up for Finnish League club Ilves Tampere during the lockout.

Based on how things went last year in free agency, it wouldn’t be surprising to see Talbot land in Europe.

The likes of Maxim Lapierre, Curtis Glencross and Marcel Goc all failed to score NHL contracts last summer — Lapierre and Goc proceeded to sign overseas, while Glencross opted to retire.