Mike Smith

Coyotes put their faith in Mike Smith

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For years the Phoenix Coyotes enjoyed some stellar goaltending from Ilya Bryzgalov. When Bryzgalov left to sign a lucrative contract with the Philadelphia Flyers, the Coyotes found an economical replacement in Mike Smith.

Smith was coming off some rocky seasons with the Tampa Bay Lightning and was willing to agree to a two-year, $4 million contract for a chance to prove himself as the Coyotes’ starting goaltender. Things couldn’t have turned out much better for the Coyotes in the first season of that agreement as Smith led them all the way to the Western Conference Final.

The 31-year-old goaltender followed that up with a hot-and-cold campaign and with his contract expiring, he came to the Coyotes with significant demands. Rather than watch another netminder leave for a bigger market, they signed Smith to a six-year, $34 million deal.

On a team with a strong defense, but questionable offense, their ability to make the playoffs — and go anywhere when they get there — will be largely dependent on what Smith does.

The team took a huge risk signing him through the age of 37 at that price and it’s the type of gamble that has the potential to burn a small market team. After all, when Philadelphia takes a chance and it doesn’t pay off, as happened with Bryzgalov, they at least have the financial muscle to change course.

On top of Smith’s cap hit, they don’t have a clear replacement starting goaltender in the pipeline yet and his understudy, 27-year-old goaltender Thomas Greiss, has never played in more than 19 NHL games in the single season. In other words, if Smith struggles, there are a couple different reasons why they will have a difficult time adapting.

Smith’s importance is all the more amplified because of where we are in the Coyotes’ history. They finally have a new owner and are tasked with proving that Glendale can be a healthy market for hockey. Winning is the best way to grow a fanbase and Smith will be the team’s starting goaltender through a key period of potential growth that could determine the course of this franchise.

They just have to hope that his 2011-12 campaign is an indicator of what the future holds.

Third team’s the charm? Devils ink Gormley to one-year, two-way deal

<>during the first period at TD Garden on November 12, 2015 in Boston, Massachusetts.
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Since being selected by the Coyotes at 13th overall in the 2010 NHL Draft, Brandon Gormley has had a difficult time breaking into the league on a full-time basis.

On Thursday, the 24-year-old Gormley joined his third NHL team, signing with the New Jersey Devils on a one-year, two-way deal worth $650,000 at the NHL level, the club announced.

Despite his draft status, Gormley has yet to play a full season in the big league, although this deal could give him an opportunity to end that. For the Devils, the deal adds more depth to their blue line and for a friendly price.

Last season, Gormley split time between the Colorado Avalanche and its farm team, the San Antonio Rampage. Despite some high expectations about where he could fit on the Avs’ blue line, he was eventually put on waivers in January.

He ended the season with one assist in 26 games with the Avalanche, and hit the open market after Colorado didn’t give him a qualifying offer.

Wild sign Dumba to two-year, $5.1M deal

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After ongoing contract talks between the Minnesota Wild and restricted free agent defenseman Matt Dumba, the two sides have come to a deal.

The Wild announced Thursday that they had signed Dumba to a two-year deal, worth a total value of $5.1 million.

A breakdown of the new deal:

— In 2016-17: $2.35 million.

— In 2017-18: $2.75 million.

Selected seventh overall by the Wild in 2012, Dumba had his most productive campaign this past season, with 10 goals and 26 points in 81 games.

Known for his offensive skills — he had 20 goals and 57 points with Red Deer in the WHL in his draft year — Dumba also brings a coveted right-shot to the Wild blue line, which features four players with contracts of four or more years of term remaining.

As per General Fanager, the Wild still have $2.168 million in projected cap space, but they have secured all their remaining restricted free agents.

Rangers bring back forward Marek Hrivik (Updated)

NEW YORK, NEW YORK - APRIL 09:  Marek Hrivik #46 of the New York Rangers skates against the Detroit Red Wings at Madison Square Garden on April 9, 2016 in New York City. The Rangers defeated the Red Wings 3-2.  (Photo by Bruce Bennett/Getty Images)
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The New York Rangers announced that they’ve re-signed Marek Hrivik to a new contract. The term and financial details of the deal were not released.

Hrivik signed with the Rangers as an undrafted free agent in May 2012. The 24-year-old made his NHL debut in 2015-16 and ended up playing five games for the Rangers. He had one assist and a plus-3 rating during his time in the NHL.

Updated:

The young forward was an important part of New York’s AHL affiliate in Hartford. Hrivik finished his AHL campaign with 12 goals and 29 assists. He tied for the team lead in assists and finished third in points.

If you go by Hrivik’s tweet, it appears as though he signed a one-year contract:

Now that Hrivik is re-signed, the Rangers have no more free agents of any kind, per General Fanager.

Report: Stone and Coyotes agree to one-year, $4M deal

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Another day, another scheduled arbitration hearing avoided.

According to multiple reports, defenseman Michael Stone and the Arizona Coyotes have settled on a one-year, $4 million deal, well ahead of their scheduled arbitration hearing set for Aug. 4.

Stone, 26, was a restricted free agent coming off a three-year contract with an AAV of $1.15 million.

Last season in Arizona, he hit new career highs in points with 36 and assists with 30. He also logged some heavy minutes, playing more than 22 minutes per game, which was second behind only Oliver Ekman-Larsson. That includes being used on both the power play and penalty kill.

Just more work done for the Coyotes on Thursday.

Earlier in the day, they announced they had signed defenseman Connor Murphy to a six-year contract extension, worth a total of $23.1 million.

Related: Coyotes’ defensive makeover continues with Luke Schenn signing