The Chip ‘n’ Chase: Holmgren’s can-do attitude, remembering the Cow Palace, those Callahan trade rumors, and more!

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Every Wednesday we publish a little back-and-forth we have via email. We call it the Chip ‘n’ Chase. Yes, it’s a terrible name. Enjoy.

Jason Brough: Hey buddy, so I have to admit I’ve been feeling a little down lately. Just listening to all these general managers saying how hard it’s going to be to make trades before the deadline, it’s really discouraging to hear. I mean, trades and trade speculation is what keeps PHT in business. In terms of importance, it’s right up there with suspension videos and the latest updates on Brooks Laich’s groin. Oh well, at least we still have Paul Holmgren. I liked what he had to say this week: “There are ways we can deal with the salary cap and get around things, if we need to. There will be deals to be made.” That’s the type of can-do attitude we need more of. None of this Mike Gillis pessimism: “It’s tough to find anything but lateral moves and changing the deck chairs.”

Mike Halford: The way the Canucks have looked lately, I’m pretty sure putting a deck chair on the power play would be an upgrade. I too am worried about it being a “dead”-line. (See what I did there? Writing!) Of all the playoff hopefuls, only a few have significant cap space. Most of them are so close to the ceiling they’re licking plaster. I love Holmgren’s “SLRY CAPZ?” attitude. This year, more than ever, GMs are going to need to come up with creative ways to make moves. Putting someone on LTIR with a hangnail? Let’s try it. Suggesting 27 is a good age to retire? It’s an idea. Probably not a good one, but then I’m not a general manager.

JB: At the very least, if it’s a slow deadline, GMs will be coming out of their boots trying to hit home runs in the offseason. All that pent-up frustration combined with another round of compliance buyouts and a rising salary cap? I only hope Holmgren’s still around to partake in the bonanza. If the Flyers miss the playoffs, I’m not sure he will be. And yes, I said the exact same thing about George McPhee last week. By the end of the season, I’ll have checked off every GM in the league and will have a “told you so” post written and ready to publish for each firing. Anyway, say what you will about some of the moves Holmgren’s made as GM — I really didn’t care for that Steve Mason contract, for example — but he’s been a boon for the blogging business.

source:  MH: Which is really all that matters. OK, change of subject: did you see the ECHL’s San Francisco Bulls ceased operations? I only bring it up because the Bulls played in my favorite ex-NHL rink — the Cow Palace. Looking back, I almost can’t believe the Sharks called that place home for the first two years of their existence. A livestock pavilion. That held fewer than 12,000 people. And opened during World War II. I will say this, though — the Cow Palace has the kind of history you just don’t get from today’s fancy, newfangled arenas. The Cow Palace lived, man. From Wikipedia: “During a November 20, 1973 concert by The Who, their drummer Keith Moon, passed out from an overdose of horse tranquilizers.” How many current NHL arenas can say they’ve had a horse-tranq OD? The answer is zero. Well, maybe the Saddledome, but only because of all the horses.

JB: It makes me feel old to think of all the rinks that were still in existence when I first started watching hockey. Boston Garden. Chicago Stadium. Maple Leaf Gardens. The Forum. The Aud. St. Louis Arena. Winnipeg Arena. Nassau Veterans Memorial Coliseum. Oh wait, that one’s still around. Do you remember when the Lightning played in Tropicana Field? Or, as it was known then, the Thunderdome. Which is just fantastic. We don’t need another hero! We don’t need to know the way home! All we want is life beyond…the Thunderdome. Again, I’m not young. I didn’t even need to Google those lyrics. But seriously, that must’ve been a nice intimate setting to take in a game. In 1993, a record crowd of 27,227 watched the Lightning and Panthers play. Little did they know, by the year 2020, over 50 percent of NHL games would be held in baseball stadiums.

MH: I miss the oddities of the old rinks. Like the stairs that players had to climb to get to the Chicago Stadium ice. And the portrait of Queen Elizabeth II in Winnipeg. So much nostalgia. Someday, Islanders fans will look back fondly on the asbestos that used to fill their lungs. Moving on: have you seen these Ryan Callahan trade rumors? Not sure what to make of ’em. I feel like the Rangers would be crazy to deal their captain while in a playoff position, but when you look at the big picture…one, the guy is a human band-aid. Always hurt. Two, he turns 29 in March and is no doubt looking for a significant raise. Maybe there’s just no room to keep him.

JB:  Look, if you’re Glen Sather (here, put on this fedora), you at least have to find out what you could get for the guy, otherwise you’re not doing your job. But I’d be surprised if Slats trades him, even if he doesn’t sign him before the deadline. It’s one thing for a non-playoff team to let a player like Callahan walk for nothing. It’s different when you’re 12-5-1 in your last 18 games and could make a deep run this spring. Don’t laugh. If the playoffs started today, the Rangers would play the Flyers in the first round. Winnable, right? If they won that, they’d probably play the Penguins. And we’ve all seen what can happen to Pittsburgh in the playoffs. Meltdown city.

MH: That brings up a good debate: Who has the most pressure to win the Stanley Cup this season? For me, it’s gotta be the Pens — I don’t wanna say they’re in Peyton Manning territory with the “multiple amazing regular seasons, but only one championship” narrative, but it’s pretty startling how little postseason success the Pens have had since winning it all in ’09. Case in point? Here is a list of the teams Pittsburgh has defeated in the last four playoff years: Senators, Islanders. That is all. And when the Pens lose? Whether it’s by collapsing defensively (allowing 30 goals in six games against the Flyers) or drying up offensively (two goals in a four-game sweep versus Boston), they lose badly.

source: Getty ImagesJB: For me, it’s a tie between the Blues and Sharks, with maybe a slight edge to St. Louis. Neither franchise has won the Cup in its history and both have the teams to get it done this year. The reason I might give a slight edge to St. Louis is its proximity to Chicago, home of the defending champs. Blues fans are dying for a championship of their own, and if it finally happens this year, there’s a good chance the Blues will have beaten the hated ‘Hawks along the way. And yes, that’s one of the reasons I’ll keep banging the Ryan Miller-to-St. Louis drum. Jaroslav Halak has been playing well lately, but I still think Miller would give them a better chance.

MH: You’re also going to keep banging that drum for website traffic, aren’t you.

JB: Thomas Vanek trade rumors. Dan Girardi trade rumors.

MH: Shea Weber trade rumors. Edmonton Oilers.

JB: Nazem Kadri trade rumors. Jake Gardiner trade rumors.

MH: Go to work, Google News.

Blackhawks on ‘huge loss’ of Hossa, lingering salary cap questions

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If any team could seamlessly move on from Marian Hossa, it would be the Chicago Blackhawks.

That’s not to say that GM Stan Bowman and head coach Joel Quenneville lack appreciation for perhaps the best two-way winger of this era. Quenneville likely said it best to NHL.com: “I don’t think you replace [Hossa], because he’s a special player.”

MORE: Skin condition will sideline Hossa for 2017-18

Instead, it’s a testament to how the Blackhawks continue to contend, year after year: a willingness to make the tough choices that allow your team to compete. So, Chicago can merely “rebuild and reload” by taking that $5.275 million cap hit from Hossa’s seemingly inevitable trip to the LTIR, right?

Not exactly. At least not yet, as CSN Chicago’s Tracey Myers discusses:

Here are two basics about the cap: a team can be 10 percent over it during the summer, and a team must be at or below it the day the regular season begins. If the Blackhawks place Hossa on LTIR, it wouldn’t take effect until the second day of the regular season. So on Day 1 of the season, the Blackhawks would still be carrying Hossa’s $5.275 cap hit.

Once the LTIR would take effect, though, the Blackhawks would have wiggle room. If they spent to the $75 million cap, they could utilize Hossa’s entire $5.275 million cap hit on other players.

Myers notes that Bowman said he wishes it was as simple as merely replacing Hossa’s cap hit – if not his impact – during the summer. Instead, things could be a bit more complicated.

Things could get even messier if the NHL decides to impede Chicago’s progress.

If the Blackhawks get to send Hossa to the LTIR, it won’t be the easiest situation. Before you get too gloomy about it, there still could be some creative options.

Brainstorming a few ideas

For one thing, what if the Vegas Golden Knights decide to keep James Neal around for a little while?

Now, Neal and Hossa are very different players, yet both are wingers that can help your team win. Neal’s $5 million cap hit matches up remarkably well with that Hossa $5.275 million hit once it would go to LTIR, and the former Predators winger is in the last year of his contract.

As Vegas Golden Knights GM George McPhee is wont to do, Neal would cost more than just money. Still, that’s just one example, and it’s plausible that other teams might want to sell off a piece but find summer offerings undesirable.

In other words, a rental could be a good way to make lemonade from all of this.

There’s also the possibility that the Blackhawks could look into players who didn’t get signed during the summer, including guys who just missed on PTOs.

This isn’t to say that these are ideal scenarios, but the point is that the Blackhawks could still navigate this difficult situation, particularly if they show the flexibility and creativity they’ve displayed in avoiding salary cap challenges before.

Even if it doesn’t mean another Hossa’s walking through that door.

As a reminder, the Blackhawks may still have some moves in mind even before getting that delayed cap relief. We still need to find out if they are ridding themselves of Marcus Kruger‘s cap hit, something that Bowman wouldn’t address.

None of this is necessarily easy, yet this franchise frequently aces tests like these.

For Oilers, trading Eberle was about ‘long-term thinking’

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CHICAGO —  Peter Chiarelli was there to talk about one thing, and one thing only.

That was today’s big trade that sent Jordan Eberle to the Islanders in return for Ryan Strome.

Not surprisingly, the Oilers’ general manager liked a lot of things about the deal — starting with Strome.

“He’s got some things to his game that we feel can help us in our division,” Chiarelli said Thursday. “He’s got good size, a terrific wrist shot. Very, very cerebral player. He can play center or the wing. Very good on the half wall.”

Not that Eberle doesn’t offer a few good things himself. Like scoring goals. That’s pretty important, right? Eberle’s scored 165 goals in his NHL career.

But with Connor McDavid and Leon Draisaitl requiring extensions soon, the Oilers needed to be wary of their cap situation. In Chiarelli’s estimation, Eberle’s $6 million hit had to go.

“This is about cap management, and this is about replacing good players with good players, and this is about long-term thinking,” said Chiarelli.

When he’d finished selling the trade, reporters naturally took the opportunity to inquire about the rest of his team.

Does he want to get Kris Russell re-signed?

Yes, he does. Still hoping to get that one done.

How would he characterize negotiations with McDavid and Draisaitl?

“Not going to characterize.”

What about Patrick Maroon? Could he get an extension this summer?

“This isn’t the state of affairs for who I’m signing, who I’m not signing.”

Fair enough. Onto the draft then.

Friday at United Center, the Oilers will have the 22nd overall pick. It’ll be the first time since 2008 that they don’t make a top-10 selection.

“Certainly not as high a pick,” said Chiarelli. “We’ve got a cluster of four players and we think we’re going to get one of them.”

That pick in 2008, by the way?

Jordan Eberle, 22nd overall.

Related: Strome pumped for opportunity to play with McDavid and Draisaitl

Ryan Strome pumped at prospect of playing with McDavid, Draisaitl

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Ryan Strome seemed to feel he took a positive step with the Islanders when Doug Weight took over behind the bench in January.

He had a five-game point streak (seven points in that time) and a pair of three-point performances for the Islanders before a broken wrist ended his regular season. On Thursday, he was dealt to a new team, as the Oilers and Islanders made a trade. Going the other way to New York is Jordan Eberle.

“He was great for me,” said Strome of Weight following today’s trade. “Little disappointed I got hurt but I was starting to feel really good and that’s the best I’ve felt in a couple of years.”

Selected fifth overall in 2011, Strome is two years removed from a 17-goal, 50-point sophomore season in the NHL. But he’s never reached more than 30 points in each of the past two years, and the frustrating times continued when he was made a healthy scratch earlier this season with Jack Capuano behind the bench.

Eberle called this trade a fresh start for himself. The same can be applied to Strome.

From an Oilers perspective, the motive for today’s deal, based on the comments of Edmonton’s general manager Pete Chiarelli, was to free up cap space. Strome has one more year left on a two-year, $5 million deal that has an annual cap hit of $2.5 million. The priority is to get pending restricted free agent Leon Draisaitl, as well as the organization’s phenom and Hart Trophy winner Connor McDavid, a pending RFA at the end of next season, under contract.

A fresh start for Strome could mean an opportunity to play alongside McDavid or Draisaitl.

A number of times during his media availability, Strome mentioned how excited he was to go to Edmonton. Playing on a line with one of — or both — McDavid or Draisaitl is a valid reason why.

“I remember sitting in my basement a couple of months ago watching the playoffs. I was like, ‘Holy, these guys are good players,'” said Strome.

“I played with (John Tavares) a little bit, so I kind of know how those great players are. John’s a very one-on-one type player, but Connor and Leon, just the way they distribute the puck and how they can skate, their skill is just exceptional.”

Habs ‘have holes in many positions,’ and Bergevin’s busy trying to fill them

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Consider, for a moment, what’s currently on the plate of Montreal GM Marc Bergevin.

Last year’s second-leading scorer, Alex Radulov, is an unrestricted free agent that might go to market. Trade calls are coming in on Alex Galchenyuk, who also needs a new contract. The Habs would like to keep Andrei Markov, but he’s a UFA as well. There’s still no clear answer as to who the team’s No. 1 center will be next year, or what the defense will look like.

Needless to say, Bergevin has lots of balls in the air.

“We have holes at many positions,” he said Thursday. “I don’t think many teams could walk in and say, ‘We’re all set, we’re not taking calls.’

“We’ll try to address those needs. But it’s not easy. People who have good assets, they usually keep them. It has to be a match, put it this way.”

The center position, one that’s long been an issue in Montreal, remains in flux. Bergevin said he was unsure if Jonathan Drouin could play the middle, which has been an ongoing debate with Galchenyuk over the last few years. Tomas Plekanec and Philip Danault remain on the roster, but neither are No. 1 caliber.

Given that pressing need down the middle, Bergevin might need to allocate some cap space for a solution. And if that’s the case, it could hamper his ability to re-sign Radulov, who’s rumored to be angling for a big payday.

“We have limits, we have price,” Bergevin said of Radulov. “He’s got the right to test the market, if that’s what he decides.”

In addressing Radulov, Bergevin added he’d like to retain the services of Markov, who’s 38 and coming off a deal that paid $5.75 million annually. The Habs GM said there hasn’t been much in the way of negotiations with the veteran Russian rearguard, though.

On top of all this — oh yes, there’s more — is the looming contract extension for Carey Price. The star goalie is heading into the last year of his deal and eligible to sign an extension on July 1, which promises to be a monster contract. Price is currently the NHL’s fifth highest-paid netminder at $7 million per, but could join Sergei Bobrovsky and Henrik Lundqvist as the only goalies to earn more than $8M annually.

But before that happens, Bergevin needs to upgrade the players in front of Price.

“I need help everywhere,,” he said. “It’s not that easy.”