On the Wild’s financial future

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Over the last three years, few teams have been as financially aggressive as Minnesota. The team dropped a combined $196 million on Zach Parise and Ryan Suter, acquired big salaries at each of the last two trade deadlines (Matt Moulson and Jason Pominville; the latter inked a $28M extension in October) and gave Thomas Vanek a three-year, $19.5 million deal in July.

One reason GM Chuck Fletcher’s been able to spend like this is because he’s had a number of good, young contributors playing on entry-level deals: Nino Niederreiter, Charlie Coyle, Mikael Granlund, Jonas Brodin, Darcy Kuemper and Erik Haula, to name a few.

But things are about to get tight.

The Wild have roughly $8M this year to get deals done for RFAs Neiderreiter and Kuemper, and both figure to be signed in due time. Next year, though, is when things will get tricky — Brodin, Coyle, Granlund and Haula will all need new deals (as will fellow RFA Marco Scandella).

More, from the Minnesota Star-Tribune:

When Fletcher says spending too much money on players impacts other things, remember, the Wild next summer has Mikael Granlund, Charlie Coyle, Jonas Brodin, Marco Scandella and Erik Haula – among others – to re-sign. Overpaying, say, Niederreiter even by a few hundred grand would have ramifications and likely cost the Wild on the others. That’s why Fletcher says he has to be mindful with his RFAs in a cap world. That’s also why Fletcher, later this summer and into the season, will look to try to extend the contracts of guys like Granlund, Coyle, Brodin and maybe others.

Fletcher will be looking to sign all his young players to contracts of two to four years. Short-term deals are easiest because it’s less likely neither side will make a mistake.

Fletcher’s biggest task might be figuring out a financial hierarchy for his prized youngsters. Brodin’s a gifted 21-year-old d-man that plays 23 minutes a night and has immense value. Granlund, 22, had 41 points in 63 games during a breakout ’13-14 campaign and showed legit star potential. Coyle is huge (6-foot-3, 222 pounds) and endeared himself to fans and the organization by playing through two separated shoulders during last year’s postseason. Haula is remarkably fast and was a vital contributor in the playoffs, scoring seven points in 13 games.

(Don’t underestimate Scandella’s worth, either — at 23, he’s an 18-minutes-a-night guy that had 17 points and a plus-10 rating last year.)

Looking ahead, the Wild only have 11 players under contract for 2015-16… for $50 million. Even with the cap projecting to rise, that’s still a lot of money dedicated to a core of players that aren’t the future of the club. Pominville turns 32 in November and is on the books ’til 2019; Vanek’s now on the wrong side of 30 and will make $6.5M annually for the next three years.

Add it all up, and next season promises to be an intriguing one in Minnesota — both on and off the ice.

Lightning re-sign journeyman forward Conacher

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Cory Conacher has turned an impressive Calder Cup Playoffs run into a two-year contract with the Tampa Bay Lightning.

Per the club, it’s a one-way deal in the first season and a two-way deal in the second, paying $650,000 annually at the NHL level.

Conacher, 27, had 12 goals and 16 assists in 22 playoff games as the Syracuse Crunch made it all the way to the 2017 Calder Cup Final.

The undrafted and undersized forward was also productive during the regular season, racking up 60 points (17G, 43A) in 56 games for the Crunch and four points (1G, 3A) in 11 games for the Lightning.

Conacher has been quite the traveler in recent years, making numerous stops in both NHL and AHL markets. He spent the 2015-16 season in Switzerland, before returning to North America to sign with the Bolts last summer.

Sens keep Condon with three-year, $7.2 million extension

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Ottawa was thrilled with the way Mike Condon played last year.

And so, they’ve rewarded him.

Condon has signed a three-year, $7.2 million extension, the club announced on Monday. It carries a $2.4 million average annual cap hit, and makes him the only Sens goalie under contract beyond next season. Both Craig Anderson and Andrew Hammond are UFAs in 2018.

Condon, 27, found stability in Ottawa after a whirlwind start to the year. He was waived by Montreal out of training camp and picked up by Pittsburgh, but only saw 20 minutes of action before the Sens acquired him.

His acquisition was necessary after news broke that Anderson’s wife, Nicholle, had been diagnosed with cancer. And as Anderson took leaves from the team to be with his wife, Condon got plenty of opportunities to play, and found his groove.

His first season in Ottawa featured several team records, including playing in a franchise-best 27 consecutive games between Dec. 1, 2016, and Feb. 4, 2017. He became the fastest goaltender in franchise history to record five shutouts, when he did so in his 32nd game on Feb. 16 versus the New Jersey Devils.

That performance led some to speculate Condon would test the market this summer, possibly for a No. 1 gig somewhere — or, the opportunity to compete for one.

That said, he and the Sens had started extension talks all the way back in February, suggesting both parties wanted to continue working together.

This means that another potential UFA goalie is now off the market. With reports that Ryan Miller is on his way to Anaheim, the pool of available guys is now led by Brian Elliott, Steve Mason, Jonathan Bernier, Chad Johnson, Anders Nilsson, Darcy Kuemper and Ondrej Pavelec.

Rangers reportedly on verge of re-signing Brendan Smith

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The New York Rangers are “close to finalizing” a contract extension with defenseman Brendan Smith, according to TSN’s Bob McKenzie.

The deal is expected to be four years long with a cap hit of $4.35 million.

Smith, 28, was traded from Detroit on Feb. 28, and the Rangers clearly liked what they saw.

In the playoffs, Smith played all 12 games, averaging 19:41 of ice time while adding four assists and finishing a team-high plus-8.

It remains to be seen if signing Smith makes it less likely that the Rangers pursue Kevin Shattenkirk in free agency.

Don’t forget the Blueshirts got Anthony DeAngelo in the Derek Stepan trade, and DeAngelo’s game is quite similar to Shattenkirk’s — albeit far less proven at the NHL level.

Related: Smith, Rangers still talking

Report: Kings land Sabres goalie prospect Petersen

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Sounds like Cal Petersen is headed to Los Angeles.

Per LA Kings Insider, Petersen — the star Notre Dame goalie taken by Buffalo at the 2013 draft — has decided to sign with the Kings when he becomes an unrestricted free agent on Aug. 16.

The decision comes just days after Petersen told the Sabres he wouldn’t be signing with them.

“I’ve spoken to Cal. At this time I think he’s going to probably move to free agency and we’ll go from there,” GM Jason Botterill said, per the Buffalo News. “Disappointed, but we’ll move on.”

Petersen, 22, is coming off a great junior year for the Fighting Irish. He went 23-12-5 with a .926 save percentage and 2.22 GAA, helping the club advance to the Frozen Four. Petersen was also named a finalist for this year’s Mike Richter Award, given annually to college hockey’s top goalie.

In April, he was named to the U.S. team at the World Hockey Championships in France and Germany. He was one of three goalies on the squad — along with Connor Hellebuyck and Jimmy Howard — but didn’t appear in any games.

In late May, Petersen announced he was forgoing his senior year at Notre Dame to turn pro, but declined to say which club he would be signing with. Buffalo’s rights to Petersen expire on Aug. 15.

With the Kings, Petersen finds himself in a good situation. Jonathan Quick is entrenched as the No. 1, but turns 32 next season and missed most of last year with a groin injury. The backup battle will be between 30-year-old Jeff Zatkoff and 25-year-old Jack Campbell.

Organizationally, the club doesn’t have a ton of depth. L.A. cut ties with Czech goalie Patrik Bartosak following his assault charges in a domestic violence case in 2015. Jack Flinn, 21, saw a bit of time with AHL Ontario last year, and the club has used draft picks on the likes of Alec Dillon and Matthew Villalta.