Colorado makes splash, signs Parenteau for four years, $16 million

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The Colorado Avalanche have finalized the biggest deal — financially speaking — of the young free agent period, inking ex-Islanders forward P.A. Parenteau to a four-year, $16 million deal.

In keeping with the theme of the day, Parenteau gets a massive raise. The 29-year-old winger has signed six contracts during his NHL career — all of them one-year deals, none of them worth more than $1.25 million.

A former ninth-round pick of the Ducks in 2001, Parenteau came out of nowhere to score 120 points over the last two years, including 67 in 2011-12 (which was more than Brad Richards, Patrick Kane and Alex Ovechkin, to name a few.)

The knock (or concern) about Parenteau is that his offensive spike was tied directly to playing alongside John Tavares on Long Island. To that end, he’ll have no shortage of talented centers to play with in Colorado — Paul Stastny, Matt Duchene and Ryan O’Reilly make for one of the league’s best young collection of centermen and should allow Parenteau to slide up and down the lineup.

Interestingly, the Parenteau contract is very similar to one Colorado gave to another late bloomer, David Jones. The 27-year-old power forward also scored a four-year, $16 million deal after scoring 47 goals over the last two seasons — Jones was originally drafted by Colorado in 2003.

Kariya and Selanne, one of NHL’s most dominant duos, enter Hall of Fame together

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Paul Kariya probably had to wait a couple of years longer than he should have to get his induction into the Hall of Fame, but it was at least fitting that the wait allowed him to enter alongside his long-time running mate, Teemu Selanne.

Both players were among the class of seven inducted into the Hall of Fame on Monday. They spent several years alongside one another in Anaheim (plus one year in Colorado) and were one of the most lethal offensive duos the NHL has ever seen.

The magic they were able to work on the ice together was simply incredible, and at times jaw-dropping.

For example…

Selanne said on Monday that he played some of his best years in the NHL alongside Kariya, while added that he would not be getting the call without his years alongside Selanne.

Their production together can not be understated.

Between the 1995-96 and 2000-01 seasons, the years they spent together in Anaheim, 35 percent of the Ducks goals were scored by one of those two players.

What is most incredible about that production is that Kariya only played in 395 out of 492 games due to injury, while Selanne only played in 382 after being acquired in a mid-season trade in 1995 and then traded during the 2001 season.

While Selanne had the ultimate combination of sustained dominance and longevity in his career to make him one of the NHL’s all-time leading goal scorers and point producers, Kariya’s career came to an unfortunate and premature end due to concussion issues. While his final stat line may not stack up among the NHL’s all-time greats, he was one of the league’s most dominant offensive players for more than a decade.

Kariya said on Monday that it took him a year after his retirement to feel normal again, but that he is now no longer having headaches.

He also mentioned that while the NHL seems to be heading in the right direction when it comes to player safety, but that targeted head shots have no place in the game and he would like to see them eliminated.

Yakupov becomes UFA after Blues don’t extend qualifying offer

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Nail Yakupov, the first overall draft pick only five years ago, has become an unrestricted free agent.

The 23-year-old winger was not extended a qualifying offer by the St. Louis Blues, thus providing him UFA status. He played 40 games for the Blues in 2016-17, battling a knee injury and scoring just three goals.

Yakupov wants to remain in the NHL, saying in May he has zero plans to return to Russia. It’s possible he could re-sign with the Blues at a lower salary than his qualifying offer would’ve been.

If not, there are 30 other teams he can speak with now.

Yakupov is currently in the conversation with Alexandre Daigle and Patrik Stefan in terms of biggest first overall busts in NHL history.

The Blues did extend qualifying offers to five players: defensemen Colton Parayko and Petteri Lindbohm, forwards Magnus Paajarvi and Oskar Sundqvist, and goalie Jordan Binnington.

‘Hawks sign Forsberg, who should be Crawford’s new backup

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Anton Forsberg, the former Columbus goalie Chicago acquired in the Brandon Saad-for-Artemi Panarin blockbuster, has signed a two-year extension with the ‘Hawks.

Forsberg, 24, came to North America in the ’13-14 campaign and has spent most of his time with Columbus’ AHL affiliate. He helped the club capture the Calder Cup in 2016, and that performance was part of the reason Chicago GM Stan Bowman went out and acquired him.

In the aftermath, Bowman said Forsberg would get the “first crack” at the No. 2 gig behind Corey Crawford. The ‘Hawks have been without a backup since sending Scott Darling to Carolina.

While Forsberg is the favorite for the gig, he’s not a lock. He only has 10 games of NHL experience — a pretty small sample size — and lost out on a similar opportunity with Columbus. Forsberg and Joonas Korpisalo were battling to be Sergei Bobrovsky‘s understudy, with Korpisalo eventually winning out.

In other Chicago news, the club gave depth forward Tomas Jurco a one-year extension today. Jurco was acquired from Detroit at last year’s trade deadline and appeared in 13 games for the ‘Hawks, scoring one goal. He didn’t dress for the club’s first-round playoff sweep at the hands of Nashville.

No word yet on financials for either guy.

Wild extend d-man Olofsson — two years, $1.45 million

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Gustav Olofsson, the Minnesota defenseman taken in the second round of the ’13 draft, has signed a two-year, $1.45 million extension, per the Star-Tribune.

Olofsson was a restricted free agent, having just wrapped his entry-level contract. This new deal will pay him $725,000 per season and, importantly, it’s of the one-way variety.

The Star-Tribune reports Olofsson is expected to play in the Wild’s top-six defense next season, especially since GM Chuck Fletcher appears primed to trade one of Jonas Brodin, Marco Scandella or Matt Dumba. Fletcher needs cap space to finalize new deals for RFA forwards Nino Niederreiter and Mikael Granlund.

Speaking of contracts, the Wild opted against making a qualifying offer for d-man Christian Folin. This means he’ll be able to test free agency, though it’s reported Minnesota might try to re-negotiate with him as a UFA.