Every offseason there is always a discussion centered around two possibilities that almost never happen: The potential for a restricted free agent to sign an offer sheet, and the team that owns the No. 1 overall pick potentially trading it.
When it comes to the latter point, expect this to be yet another year where it does not happen as the New Jersey Devils seem committed to keeping the No. 1 overall pick and selecting either Nolan Patrick or Nico Hischier.
“I’ve gotten calls asking if there’s interest moving down and other calls where it’s been more specific and it’s something to think about,” general manager Ray Shero said, via NHL.com. “But I haven’t called them back. The idea is we’ll probably be picking, but we’re open to a lot of things.
“What would it get me to trade the No. 1 pick outright? I couldn’t even tell you. It hasn’t been done that much, but if we did do something like that it would be pretty apparent it was the right thing to do. You have to be ready for all different scenarios in moving up or down, and in this case down.”
It is important to keep in mind that the No. 1 overall pick has not been traded since 2003 when the Florida Panthers traded it to the Pittsburgh Penguins, moving back from the top pick to the third pick. Pittsburgh selected Marc-Andre Fleury, while Florida ended up with Nathan Horton.
That top pick is just too valuable in a salary cap league to give up. You need impact players to win, and the best possible place to get them is at the top of the draft. Every Stanley Cup winner in the salary cap era with the exception of the 2007-08 Detroit Red Wings has had at least one top-two pick on its roster.
Along with that, the Devils are simply in need of a young, potential impact player to rebuild around. They are probably not going to get that player outside of a top pick.
Just when you thought Stan Bowman was the busiest man at draft weekend, John Chayka upped the ante.
Just minutes after acquiring Niklas Hjalmarsson from the ‘Hawks, Chayka went out and acquired veteran Rangers center Derek Stepan — along with netminder Antti Raanta — in exchange for the No. 7 overall pick at tonight’s draft, and young d-man Anthony DeAngelo.
The trade was first broken by TSN’s Darren Dreger, later confirmed by fellow TSNer Bob McKenzie.
In Stepan the Coyotes get a massive upgrade at the center position, which was bereft of talent for all of last season. It’s why Arizona had been tied to Stepan for most of this week. The 27-year-old has consistently been able to go beyond the 50-point plateau, with 17 goals and 55 points last season, and will certainly be a boost to Arizona’s crop of talented young forwards.
Stepan’s entering the third year of a six-year, $39 million contract that comes with an annual cap hit of $6.5 million. And, importantly, the Rangers moved him prior to his no-trade clause kicking in next season. The money freed up by trading Stepan could be used in free agency to land, say, defenseman Kevin Shattenkirk.
As for the other part of this deal, the Coyotes could also have their starting netminder of the future in Raanta, now that Mike Smith has been shipped off to Calgary. Raanta has been one of the league’s best backups working behind Henrik Lundqvist in New York, and a new No. 2 goalie is probably on the Rangers’ revised shopping list.
This trade also gives New York a pair of first-rounders this evening — the Rangers already held the No. 21 overall selection — which is important, given GM Jeff Gorton is without second- and third-round picks. They Blueshirts also received a good puck mover in DeAngelo, a former first-round pick himself.
DeAngelo, 21, made his NHL debut last year and scored 14 points in 39 games. He’s been described as a skilled offensive defenseman, but one with a history of disciplinary issues. That continued last year in Arizona, when he was suspended three games for abuse of an official.
More to follow…
Stan Bowman has made good on his promise for big changes in Chicago.
Just minutes after sending longtime defenseman Niklas Hjalmarsson to Arizona, Bowman got the band back together by re-acquiring former ‘Hawk Brandon Saad, who he traded to Columbus two years ago.
Per Sportsnet, the Blue Jackets will receive Artemi Panarin in exchange. Right now it’s unclear if any other pieces are involved in the deal, though earlier the ‘Hawks were reportedly looking to move up to the No. 7 pick in tonight’s draft, a pick Arizona currently holds.
UPDATE: Per TSN’s Pierre LeBrun, Chicago will also get goalie Anton Forsberg and Columbus’ fifth-round pick in 2018. Columbus will get Tyler Motte and Chicago’s sixth-round pick this year.
Saad left Chicago shortly after the 2015 Stanley Cup win, in a deal that landed the ‘Hawks Artem Aninisov and a handful of others. The 24-year-old has since gone on to score 31 and 24 goals in his two years with the Blue Jackets.
Immediately after Saad left, Panarin joined the ‘Hawks and immediately stepped in as a frontline contributor. He’s posted back-to-back 30-goal campaigns — capturing the Calder as the NHL’s top rookie in 2016 — and has been a dynamic offensive player, often alongside Patrick Kane.
As for the money involved, both carry identical $6 million hits. Big difference is that Saad’s locked in through 2021, whereas Panarin is eligible to be a UFA in 2019. So there’s certainly more cost certainty for Bowman with this trade.
More to follow…
The Los Angeles Kings made it official on Friday and bought out the remaining years of defenseman Matt Greene‘s contract.
Greene spent nine years as a member of the Kings, winning two Stanley Cups with the team in 2011-12 and 2013-14.
In a statement announcing the move, team president Luc Robitaille spoke about Greene’s impact on the organization and how he helped change the team’s culture as soon as he arrived.
“Matt has made incredible contributions to our hockey club and we are very grateful for everything he has done since joining our organization including his outstanding leadership,” said Robitaille.
“Upon his arrival to Los Angeles he played a significant role in helping change the culture of the Kings and his contributions to our two Stanley Cups in particular is immeasurable.”
Injuries have completely decimated Greene’s career in recent years, limiting him to just 154 games over the past five seasons.
The buyout will cost the Kings a salary cap hit of $833,333 for the 2017-18 and 2018-19 seasons.
One of the key pieces of Chicago’s three Stanley Cup championships is on the move.
Blueliner Niklas Hjalmarsson, who’s spent his entire 10-year career with the Blackhawks, has been dealt to Arizona in exchange for fellow defenseman Connor Murphy, and prospect Laurent Dauphin.
Hjalmarsson, 30, has been a staple of the Chicago defense for quite some time. He’s durable, having only missed 11 games over the last four seasons, and has earned his reputation as a reliable top-four defensive defenseman.
As for the financials, Hjalmarsson has two years remaining on a five-year, $20.5 million deal with a $4.1M average annual cap hit. It’s worth noting he has a modified no-trade clause, in which he had to submit a 10-team trade list.
Murphy, 24, just wrapped the first of a six-year, $23.1 million deal with a $3.85M hit. That he was moved has to come as some surprise, given he signed a lengthy extension just last summer and, at the time, GM John Chayka said Murphy was “a guy we think can be part of our leadership group for a long time moving forward.”
Murphy appeared in 77 games for the Coyotes last year, scoring 17 points. It’s probably worth noting his TOI actually decreased after signing his extension, from 20:30 in ’15-16 to just 19:11 last year.
Dauphin, 22, was the 39th overall pick in 2013. He split last year between Arizona and AHL Tucson, and was a good scorer at the minor league level (28 points in 38 games).