Caps may be winning, but at what cost?

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Last night at Madison Square Garden, Alex Ovechkin spent just 13:36 on the ice, a career playoff low.

But Ovechkin wasn’t the only Capitals star that saw reduced playing time during Washington’s 3-2 victory over the Rangers: Nicklas Backstrom (16:18), Alex Semin (12:27), and Mike Green (18:14) each sat longer on the bench than they’re used to.

All told, those four account for over $28 million in cap space.

Meanwhile, career third- and fourth-liners like Jay Beagle (19:58) and Matt Hendricks (15:26) have become coach Dale Hunter’s go-to guys, particularly when the Caps are leading like they did for most of yesterday’s game.

“You need them players. They play hard every night,” Hunter said. “The press don’t write about them a lot. They’re the foot soldiers of the team. These guys come up and come playoff time, that is how you win games like tonight. It is a grind out there.”

With that in mind, here’s a question I’ve got for Caps fans – is winning the only thing that matters to you? Or, is there something to be said for the entertainment value of the product?

I’d also ask Caps owner Ted Leonsis that question. Because if he hasn’t noticed, there aren’t many fans sporting Beagle jerseys at the Verizon Center.

For all those who say Ovechkin is overpaid, maybe he is from a pure hockey perspective. But he’s more than earned his salary from a business perspective.

According to Forbes, Washington’s franchise value has risen from $115 million in 2004, the year Ovechkin was drafted, to $225 million today.

Without Ovechkin, is it anywhere near that level?

All I know from living in Vancouver is that the Canucks didn’t become a license to print money until 2002 when Markus Naslund, Todd Bertuzzi and Brendan Morrison came together to form the West Coast Express. It wasn’t just about winning in this city — it was about winning and scoring lots of goals at the same time.

Clearly style matters when selling tickets. Just ask the New Jersey Devils, one of the most successful teams on the ice the last 20 years. Yet the Devils have rarely been a hot ticket. There are other reasons for that (arena location, less-than-fantastic marketing, etc.), but being associated with boring hockey didn’t help their brand.

Nor was the NHL’s brand shining particularly bright during the dead-puck era, which is why the decline in scoring should have it concerned enough to explore ways to encourage offense, not defense.

Ducks add Konowalchuk, Morrison to Carlyle’s staff

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Anaheim has added two assistants to Randy Carlyle’s coaching staff — longtime NHLer Steve Konowalchuk, and AHL Manitoba assistant Mark Morrison.

Konowalchuk, 44, comes over after a successful stint as the bench boss in WHL Seattle. Last year, he led the Thunderbirds to a league title and a spot in the Memorial Cup. He has history with Carlyle from their days together in Washington — Konowalchuk as a player, Carlyle as an assistant coach.

Konowalchuk also has NHL experience, having served two years as an assistant in Colorado.

Morrison, 54, has spent the last six years with the Moose/IceCaps, Winnipeg’s AHL affiliate. Prior to that, he was the head coach of ECHL Victoria.

Today’s moves after the Ducks parted ways with Paul MacLean. He’d been with the organization for two seasons, serving under both Carlyle and Bruce Boudreau.

Report: Senators plan to keep Phaneuf, after asking him to waive NMC

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It’s been an interesting few weeks to say the least for the Ottawa Senators and Dion Phaneuf.

He was asked to waive his no-movement clause ahead of the expansion draft, which would’ve left him unprotected had he agreed to that request. There were also reports of trade interest in Phaneuf, who is 32 years old and with four years remaining on a pricey seven-year, $49 million contract.

Phaneuf denied Ottawa’s request to waive, and the Senators ended up losing Marc Methot to Vegas, which then flipped him to Dallas in exchange for a 2020 second-round pick and prospect goalie Dylan Ferguson.

Now, it’s been reported, the Senators plan to keep Phaneuf after the market for him apparently to cool off.

What has transpired over the past few weeks likely makes for some awkward conversations down the road.

“They’re not easy conversations when you ask someone (to waive a no-move clause), but he understood,” Senators general manager Pierre Dorion told Sportsnet.

“It was a man-to-man conversation. There was no bulls**t. When we talked to him I explained to him: ‘I said it’s not that you’re the fourth-best defenceman on this team, Dion.’ It’s ‘we want to try to top keep our top-four intact.’”

Phaneuf played in 81 regular season games for Ottawa in 2016-17, scoring nine goals and 30 points. He scored one goal and five points in 19 playoff games.

The Senators currently have six defensemen under contract for next season, with their star Erik Karlsson facing a four-month recovery from offseason foot surgery. With Methot gone, prospect blue liner Thomas Chabot should also have quite an opportunity to crack the Senators’ lineup next season.

Preds’ Ellis says he underwent ‘minor procedure’ after Stanley Cup Final

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Nashville Predators defenseman Ryan Ellis made an appearance on a Hamilton, Ont., television station Wednesday, sporting a large brace running almost the full length of his right leg.

Ellis left Game 5 of the Stanley Cup Final with an undisclosed injury and didn’t return in what was a blowout loss to the Penguins. He did, however, return to the lineup for Game 6, but Nashville’s playoff run came to an end on home ice with a stunning 2-0 loss.

During his appearance on CHCH, Ellis said he had a “minor procedure” done on his right leg.

“It looks worse than it probably is,” he continued. “Hopefully be back on the ice in no time.”

Predators general manager David Poile had acknowledged in the days following the Stanley Cup Final loss to Pittsburgh that Ellis undergoing surgery was a possibility.

From The Tennessean:

Ellis played in each of Nashville’s 22 playoff games, but coach Peter Laviolette said following the team’s season-ending loss Sunday that Ellis’ ailment was “pretty serious.” Poile said that more should be known next week.

The Predators made the playoffs as the second wild card team in the West, but swept Chicago in the first round and surged all the way to the final. Their top-four defensemen, including Ellis, played such a pivotal role in the team’s historic postseason. Ellis finished third on the Predators in playoff scoring, with 13 points in 22 games.

Carolina re-signs ‘physical, smart’ McGinn — two years, $1.775 million

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After a breakout campaign, Brock McGinn has cashed in with the Hurricanes.

McGinn has signed a two-year, $1.775 million extension, the club announced on Wednesday. The deal carries a $887,500 average annual cap hit, and comes on the heels of a campaign in which he scored 16 points in 57 games, averaging 12 minutes per night.

“Brock took a step forward last season and was a regular presence in our lineup,” GM Ron Francis said in a release. “He is a young player who plays a physical, but smart brand of hockey, and can contribute offensively.”

McGinn, 23, is the youngest of the McGinn brothers. Tye spent last year with Tampa Bay’s AHL affiliate in Syracuse, while Jamie wrapped the first of a three-year deal in Arizona.