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The Panthers have made a lot of changes and shed a lot of salary

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Dale Tallon continued his summer-long overhaul of the Florida Panthers on Sunday evening when he traded veteran defenseman Jason Demers to the Arizona Coyotes in exchange for forward Jamie McGinn.

It was an exciting addition for the Coyotes and a pretty eye-opening trade for the Panthers.

First, even though he was coming off of a down year in 2016-17, Demers can still be a very good second-pairing defenseman and it creates a pretty big opening on their blue line.

Meanwhile, McGinn probably tops out as a third-or fourth-line winger. Looking at it strictly from a talent and upside perspective the Panthers would seem to be getting the short end of the trade on paper. The only thing it really does do for them is save a lot of salary over the next few years.

That is something has been a theme with a lot of the Panthers’ moves this summer.

Demers is still signed for another four years at a salary cap hit of $4.5 million per season.

The Panthers are retaining 12 percent of that salary and will pay around $575,000 of it per season.

McGinn is signed for two more years at $3.3 million per season.

So while there are only marginal savings for the Panthers in the short-term, once McGinn’s deal is finished (assuming he is not traded before then) the Panthers will shed around $4 million per year in 2019-20 and 2020-21.

That is only the tip of the iceberg when it comes to the Panthers’ changes this past summer.

They decided to part ways with veteran forward Jaromir Jagr and opted not to bring him back after paying him $4 million a season ago. They also bought out the final year of Jussi Jokinen‘s contract, a move that saved them $2.7 million.

Along with losing Jonathan Marchessault — their leading goal-scorer last season — to the Vegas Golden Knights in the expansion draft, they traded veteran forward Reilly Smith to the Golden Knights for a draft pick, dumping his entire five-year, $25 million contract in the process.

In total, five of their top-eight point producers from a year ago (Marchessault, Jagr, Smith, Jokinen, Demers) are now gone.

When you add up the salaries from all of the trades and buyouts it ended up taking $12.45 million in salary off the cap this season alone (and that does not include not re-signing Jagr) with only McGinn’s $3.3 million coming in to replace them.

The Panthers did dip into free agency and replace some of that by paying $6.5 million this season ($4 million to Evgeni Dadonov and $2.5 million to Radim Vrbata), and they do still have a significant portion of their young core, including Aleksander Barkov, Jonathan Huberdeau, Vincent Trocheck, Nick Bjugstad and Aaron Ekblad all signed to long-term deals.

At this moment they have the third smallest cap figure in the league for this season, ahead of only the Coyotes and Carolina Hurricanes.

With Jagr, Jokinen, Demers, Marchessault, and Smith all getting shipped out, with only Dadonov, Vrbata and McGinn coming in it, seems pretty clear management was not only trying to dump some salary, but also shed away a lot of the complementary players that were a part of what was a bitterly disappointing 2016-17 season.

Will it work? That remains to be seen.

(All salary cap information via CapFriendly.com)

The Buzzer: Kempe, Schwartz record hat tricks; Leafs honor Gord Downie

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Players of the night: Jaden Schwartz, St. Louis Blues / Adrian Kempe, Los Angeles Kings

The Blues forward tallied his third career hat trick during a 5-2 victory over the Chicago Blackhawks. Schwartz scored the game’s first two goals before completing his hat trick with a late empty-net goal to stave off a Chicago comeback.

Wednesday’s feat for Schwartz came three years to the day of his first career three-goal game.

Kempe, meanwhile, tallied his first NHL hat trick and finished with four points during LA’s 5-1 rout of the Montreal Canadiens. Two of his three goals were assisted by Mike Cammalleri, who also finished the night with four points.

Highlight of the night:

Eddie Olczyk returned to the NBC broadcast booth as he continues his battle against colon cancer. Olczyk, along with Doc Emrick, called the Blues-Blackhawks game from Scottrade Center Wednesday night.

MISC:

Auston Matthews recorded the 20th multi-point game of his career. He now has six goals and 10 points on the season.

Patrick Marleau became the 18th NHL player to reach the 1,500-game mark.

Jake Allen kept his shutout bid alive with this great stick save on Patrick Kane late:

-The Kings are off their best start in franchise history at 5-0-1. They’ve allowed only 10 goals against through six games.

Jeff Carter left the game in the first period and did not return after tangling with Jeff Petry. Afterward, Kings head coach John Stevens said the forward will miss some time.

-Finally, The Tragically Hip frontman Gord Downie passed away from cancer at age 53 on Wednesday. The Maple Leafs paid tribute before their game against the Red Wings.

Factoid of the night:

Scores:

Maple Leafs 6, Red Wings 3

Blues 5, Blackhawks 2

Kings 5, Canadiens 1

Cammalleri, Kempe power Kings over Canadiens

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Adrian Kempe recorded his first career NHL hat trick and Mike Cammalleri added two goals as the Los Angeles Kings beat the Montreal Canadiens 5-1.

After Paul Byron opened the scoring for Montreal midway through the first period, the Kings responded with five unanswered goals to hand the Habs their sixth straight defeat.

Cammalleri, who inked a one-year deal over the summer to return to the Kings, had a hand in four of LA’s five goals. He started the scoring for the Kings in the first period by celebrating the Dodgers’ playoff run with his own special kind of baseball swing.

Kempe, who finished with four points as well, scored his three goals over a span of 10:50 in the third period to help the Kings to their best start in franchise history (5-0-1).

LA remains the only NHL team yet to lose in regulation this season.

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.

Jaden Schwartz’s hat trick leads Blues over Blackhawks

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Jaden Schwartz‘s third career hat trick helped power the St. Louis Blues over the Chicago Blackhawks 5-2 in a Central Division clash Wednesday night at Scottrade Center.

Schwartz’s eventful evening began with a goal 4:46 into the first period. It was nearly ended minutes later after a scary crash into the end boards following a scoring chance.

After missing some time, Schwartz returned in the second period and doubled the Blues’ lead with his fourth of a season, thanks to a great outlet pass from Allen.

As the Blues built up a 4-0 lead, the Blackhawks spoiled Allen’s shutout bid with a pair of late power play goals 80 seconds apart. The furious rally was stopped, however, and Schwartz capped off his hat trick with an empty netter to put the game out of reach.

St. Louis dominated the first two periods, outshooting the Blackhawks 26-8 as they built up their 2-0 lead. The Blackhawks’ power play failed them early in the game, missing out on five chances to capitalize with the extra man through 40 minutes.

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.

WATCH LIVE: Canadiens at Kings

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The Montreal Canadiens play their second game of a three-game west coast trip Wednesday night against the Los Angeles Kings.

It hasn’t been the best start for the Habs, who sit tied for last in the Eastern Conference with a 1-4-1 record. They’re winless since an opening night win over the Buffalo Sabres. On the other side of things, the Kings are the only NHL team that has yet to lose in regulation. Their 4-0-1 start puts them a point behind the Vegas Golden Knights, and their game in-hand gives them the opportunity to leap into first place in the Pacific Division with a victory.

You can check out tonight’s game on NBCSN (10:30 p.m. ET) or online via the live stream.

CLICK HERE TO WATCH LIVE

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.

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