Where do the Sabres go from here?

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As we wrote this morning, Tim Murray is considered one of the top talent evaluators in the game. Suffice to say, the new general manager of the Buffalo Sabres will need to use all his evaluating expertise to take the NHL’s last-place team and turn it into a Stanley Cup contender.

The draft is obviously going to be important.

“You build a team through the draft,” said Murray. “Good drafting allows you to trade well, and then you use free agency to put you over the top.”

But there are other pressing issues for Murray. Such as…

What does he do with Ryan Miller?

The club’s 33-year-old franchise goalie is a pending unrestricted free agent who said in December that he’s “not going to sit around and let promises get thrown around” by management.

When asked about Miller this morning, Murray said he first needed to get a feel for the trade market before making any decisions about the club’s list of pending UFAs, which also includes captain Steve Ott, Matt Moulson, and Henrik Tallinder.

“The market dictates that,” said Murray. “I can’t go out and tell you right now I’m going to trade all the pending UFAs if there’s no market to trade them. If there’s a market and it makes sense…this team’s in last place right now; everybody could be traded.”

The market for Miller is a tough one to predict. Typically, Stanley Cup contenders are already set in goal. There’s been speculation (much of it ours) that St. Louis could be a potential landing spot for Miller prior to the March 5 deadline, but if there’s no guarantee of re-signing him beyond this season, the market for a rental goalie will be limited.

What does he do with Mikhail Grigorenko?

“You can draft a guy in the first round. If you don’t develop him right…you can lose him.”

That was Murray this morning, and it wasn’t hard to picture Grigorenko while he was saying it. The Sabres selected the talented 19-year-old in 2012 with the 12th overall pick. In hindsight, they shouldn’t have kept him with the big club last season. They did eventually send him back to junior, but not until the first year of his entry-level contract had been triggered.

In 43 NHL games, Grigorenko has just three goals and five assists. Right now he’s in limbo, unable to go to the AHL and possibly unable to go to junior. Obviously, Murray needs to figure out a better development plan than the one that’s gotten the situation to this point.

What does he do with Ted Nolan?

Murray was non-committal when asked about the Sabres’ head coach.

“There’s no preconceived notions,” he said. “He’s the coach of the hockey team and I’m looking forward to getting to know him, getting to know the staff, and getting to know the style of coaches they are and the style they want to play…It’s a clean slate here.”

The consensus opinion is that Murray will hire his own bench boss when all’s said and done. But while that may well be the case, it’s not unheard of for a new GM to stick with the coach.

Off the top of my head, when Mike Gillis was hired as the new GM in Vancouver, it seemed likely that Alain Vigneault would be fired. Instead, Gillis stuck with Vigneault and nearly won the Stanley Cup a few seasons later.

In fact, here’s what Gillis said after he got the job: “I haven’t made any predisposed decisions…This is a clean slate moving forward.”

Sound familiar?

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.