Michael Matheson


Struggling Panthers want to keep gang together


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If you want a sign of a GM/front office with power, observe moments when a marginal player gets a somewhat bafflingly long contract extension.

On one hand, congrats to Colton Sceviour, who surely works hard for the three-year extension he signed today; it’s reportedly worth $1.2 million per year, according to TSN’s Bob McKenzie. He’s getting rewarded for being a diligent penalty killer, and this should help him limit the risk of becoming a “journeyman” player.

Still, it’s a little confounding that the Florida Panthers would be so compelled to lock up yet another piece of a roster that’s not exactly setting the world on fire.

You see successful teams fall into this sort of trap quite often. The Detroit Red Wings roster is littered with questionable decisions for non-core guys; you might gasp at remaining years for Darren Helm, Justin Abdelkader, and Luke Glendening.

At least those teams were trying to perpetuate past successes, though.

The Panthers, meanwhile, haven’t won a playoff series since their improbable run to the 1996 Stanley Cup Final, and even with bargain contracts for fantastic players in Aleksander Barkov, Jonathan Huberdeau, and Vincent Trocheck, it’s tough to say if they’re much closer today. They’ve only made it to the playoffs twice in the last six seasons, and only four times since that John Vanbiesbrouck-fueled run.

You’d think this team would be light on commitments as something of a message to players to “earn” their deals, but instead there are a ton of players locked up to lengthy deals.

[Can the Panthers still make a playoff run?]

Again, in the case of Barkov, Huberdeau, and Trocheck, that’s a very good thing. Barkov and Huberdeau are absolute steals at $5.9 million per year, with Huberdeau covered until 2022-23, while Barkov’s locked up until 2021-22.

Still, it’s a little unsettling how “locked in” this team is, what with Florida almost certain to miss the playoffs once again.

Forwards signed through at least 2019-20:

Huberdeau ($5.9M through 2022-23), Barkov ($5.9M, 2021-22), Trocheck ($4.75M through 2021-22), Nick Bjugstad ($4.1M through 2020-21), Evgeni Dadonov ($4M through 2019-20), and Sceviour ($1.2M through 2020-21).

Defensemen signed through at least 2019-20:

Aaron Ekblad ($7.5M through 2024-25), Keith Yandle ($6.35M through 2022-23), Michael Matheson ($4.875M though 2025-26), and Mark Pysyk ($2.73M through 2019-20).

Both goalies locked up with considerable term:

Roberto Luongo (eternal $4.5M through 2021-22) and James Reimer ($3.4M through 2020-21).


Yikes, right?

Again, the Panthers’ roster construction looks a lot like that of a team in the middle of a championship window, where they’ve had to take on some risky contracts to reward successes. Only, the successes have been minimal in Florida. It’s tough not to think back to GM Dale Tallon commenting on being fully in control again, and then to observe what looks like a risk-heavy roster.

To be fair, there are some real bargains on this team, and they’ve shown flashes of brilliance even during a couple of dire years. They’ve also dealt with injuries to both Luongo and Reimer. While Bobby Lou might simply be in that phase of his career, you’d hope Reimer will enjoy better luck in the future. Oddly enough for a team with such lengthy, pricey investments in goalies, they might want to ponder another option, especially if Luongo is charting a course toward the LTIR in the future.

Beyond that, the Panthers need to get the most out of an expensive defense. That starts with Ekblad, who signed a mammoth deal that won’t be easy to live up to. Still, if he can make strides during his career, it will be much easier to stomach, especially since Florida is saving with other marquee guys at forward.

[Tallon is focused on the future]

All things considered, Tallon & Co. can salvage this, likely by finding decent bargains around those pricey core players, and also by making sure that they’re making the most out of coaching and development.

So it’s not all bad, yet it’s a bit head-scratching to realize just how many players have long-term security on a team that’s seemingly stuck in puck purgatory, year after year.

James O’Brien is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @cyclelikesedins.

Cap crunch: The teams set up for long-term success, and the ones that are doomed


If you were trying to project a potential 2018 Stanley Cup Final matchup at this moment two of the teams at the top of your list should probably be the Tampa Bay Lightning and Nashville Predators.

They are currently two of the best teams in the league (first and fourth in points percentage respectively) with the Lightning running away with the Presidents’ Trophy race and the Predators less than a year removed from actually being in the Stanley Cup Final.

Hopefully you enjoy watching them play because given the roster construction of both teams they both have a chance to be really good, for a really long time.

Looking at both rosters it is incredible to see not only how much talent they both have, but how much of it is already signed to long-term contracts. While the Lightning will have to deal with new contracts for restricted free agents Nikita Kucherov and Vladislav Namestnikov, and the Predators will have to deal with unrestricted free agencies for Pekka Rinne and Ryan Ellis, there aren’t really any other significant core players that will eligible for unrestricted free agency at any point over the next three years.

Their cores are in place for the long haul and both teams are in pretty strong shape when it comes to building within the constraints of the salary cap.

But how do they compare to the rest of the league?

Let’s take a look at some of the teams that are in the best — and worst — shape when it comes to their long-term outlook under the salary cap.

I tried to take into account how many players are signed long-term for each team, what those salary cap commitments are, the age of the players that are currently signed long-term, and what new contracts are going to need to be signed in the coming seasons.

Some of the more notable teams…

No team is in a better position than the Predators

Let’s start with the Predators, because there might not be a team in the NHL that is better set up for sustained long-term success than them.

They already have 13 players under contract for the 2019-20 season, more than any other team in the league. Eight of those players are signed through 2020-21 (tied for second most in the league) and seven of them are signed through at least 2021-22 (tied for most in the league). What’s amazing about those number isn’t just the quantity of players under contract that far in advance, but also the quality of said and how affordable they all are against the cap.

In the table below we see the teams that already have the biggest cap commitments for 2019-20, how much money they have invested in those players, how many players they have signed, how old those players will be that season, as well as the cost per player. The Predators already have more than $53 million committed to players for the 2019-20 season, which is the fifth largest number in the league at this point. Seems like a lot. But look at not only how many players they signed for that season (more than any other team in the league — and one of only five teams that has more than 10 players signed), but also the quality of those players, how little they are signed for, and how young they all still are.

That $4.14 million per player is the third lowest number of any team in the league as far as current 2019-20 commitments go(behind only the New York Islanders and Arizona Coyotes) while those players will have an average age of only 28.8 (11th youngest).

The players they have signed through at least 2019-20: Filip Forsberg, Ryan Johansen, Victor Arvidsson, Craig Smith, Kyle Turris, Nick Bonino, Calle Jarnkrok, Auston Watson, P.K. Subban, Roman Josi, Mattias Ekholm, Yannick Weber and Matt Irwin. That is a hell of a core (three outstanding centers down the middle; three outstanding defenseman including a potential Norris Trophy winner this season) and not only leaves them with only complementary roster spots that need to be filled in the coming years, but what should be plenty of salary cap space to do it.

The only players eligible for unrestricted free agency before 2021 are Scott Hartnell, Cody McLeod, Alexei Emelin, Pekka Rinne, Ryan Ellis and Anthony Bitetto.

Rinne and Ellis are obviously the two big ones, but both are still signed through at least next season.

When you take into account the age of their core, how good it is, and how long it is locked in place it is hard to argue that there is a team in the league set up for better long-term success than the Predators.

Things look pretty good in Florida … for both teams

Seriously. Both teams.

As mentioned above Tampa Bay is in a pretty good position as well with Steven Stamkos, Victor Hedman, Tyler Johnson, Ondrej Palat, Andrei Vasilevskiy, and Alex Killorn all signed long-term. Things are going to get tight in the very near future with some big restricted free agents, but the core guys are locked in and they are all still at an age where they can be the foundation of a great team for a long, long time.

The team that kind of a surprised me a bit was the Florida Panthers, and while it might be easy to dismiss them because of the past season-and-a-half, some of the most important pieces are already in place.

At the moment they have Aleksander Barkov, Jonathan Huberdeau, Vincent Trocheck, Aaron Ekblad, Nick Bjugstad, Keith Yandle, Michael Matheson and both goalies signed for at least the next four years. Six of those players are still age 24 or younger, and there are a lot of really good players within that group.

Huberdeau, Barkov and Trocheck are all scoring at close to a point-per-game pace this season, while Barkov has blossomed into one of the best two-way centers in the league.

The results aren’t there yet on a team level, but the hardest pieces to get (top line players) are already in place.

With a few of the right tweaks around the edges this could be a pretty good team in short order. It’s just a matter of making the right moves to complement them. That is sometimes easier said than done.

Toronto, Winnipeg and the Islanders have some work to do

These teams aren’t necessarily in trouble, but their front offices have a lot of work to do in the next couple of years.

At the moment all of them are in really good shape under the salary cap in the short-term because they have minimal long-term commitments.

But look at who needs to be signed for each team in the coming years:

Toronto: James van Riemsdyk (UFA after this season), Tyler Bozak (UFA after this season), William Nylander (RFA after this season), Mitch Marner (RFA after next season), Auston Matthews (RFA after next season), Jake Gardiner (UFA after next season).

Winnipeg: Tobias Enstrom (UFA after this season), Jacob Trouba (RFA after this season), Blake Wheeler (UFA after next season), Patrik Laine (RFA after next season), Kyle Connor (RFA after next season).

New York Islanders: John Tavares, Josh Bailey, Calvin de Haan, Thomas Hickey, Jaroslav Halak (All UFA after this season); Anders Lee and Jordan Eberle (both UFA after next season).

Those are all major players and that salary cap space is going to disappear. Quickly. But that’s not necessarily a bad thing.

There is always a panic when teams have to pay big money to their star players and how much salary cap space they take up, but it’s not uncommon. Pittsburgh, Chicago and Los Angeles have shown us over the past decade that teams can win Stanley Cups (multiple Stanley Cups, too) with significant chunks of their salary cap going to a small number of players. The problem Chicago is going to run into in the future (and we discussed this here a few weeks ago) is that a lot of their core players are starting to get older. Pittsburgh will get there eventually, too. That’s a small price to pay for multiple Stanley Cups in a short window. Keep the superstars even if it it’s expensive and rebuild the depth around them. It’s a hell of a lot easier to find another third-line center or second-pairing defenseman than it is to find another Sidney Crosby or Auston Matthews.

That brings us to…

The Oilers

We’ve already concluded that the 2017-18 Edmonton Oilers are a raging inferno of a dumpster fire and there doesn’t seem to be anything that is going to put it out. They have wasted Connor McDavid‘s cheapest years and now the people that couldn’t build a winner with him on an entry level contract have to try and do so with him making $12 million per season.

Looking a few years into the future the Oilers are already the near the top of the league in terms of future financial commitments. In 2019-20, for example, the only two teams that have more financial commitments that season are the Los Angeles Kings and Pittsburgh Penguins.

There are 13 teams that have either as many players signed (nine players) as the Oilers currently do, or more.

That means the Oilers have some massive contracts on their books.

McDavid is going to start making $12 million a year next season. Leon Draisaitl is making $8.5 million a year already. Ryan Nugent-Hopkins makes $6 million a year. They have a bunch of defensemen  of varying skill levels signed for multiple years.

The Oilers’ future issues are a lesson when it comes to roster construction in the salary cap era. It’s not the superstars that cause salary cap issues. It’s paying a combined $10 million a year to an aging Milan Lucic and Kris Russell that causes salary cap issues. Those issues are only magnified when you trade Taylor Hall for Adam Larsson and Jordan Eberle for Ryan Strome so you can sign Milan Lucic and Kris Russell.

The Red Wings Are Doomed

I really don’t want to overstate things here, but the Red Wings are a mess.

Remember that table we looked at up above with the Predators for two years in advance? Well, take a look at the Red Wings on that list. They already have more than $44 million committed to eight players for 2019-20. For a team that is already in the bottom half of the league in terms of performance that is a lot of long-term commitments, and it’s even worse than it seems because all of them are old (by NHL standards).

The players signed through the end of 2019-20 in Detroit: Henrik Zetterberg, Tomas Tatar, Frans Nielsen, Justin Abdelkader, Darren Helm, Danny DeKeyser, Jonathan Ericsson, and Trevor Daley.

Here is that same table sorted by average age for players under contract in 2019.

Bad, expensive, and old is no way to build a team.

Even if you remove Henrik Zetterberg from that list (he will be 39 in 2019-20) the Red Wings would still have the highest average age in terms of commitments for that season. Astonishing.

The handful of good young players on the team (Dylan Larkin, Anthony Mantha, Andreas Athanasiou) will all be restricted free agents after this season. All will certainly be re-signed and get raises. But it’s the long-term deals to players in the late 20s and 30s that are going to be killer.

(All salary, salary cap data via capfriendly.com)

Adam Gretz is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @AGretz.

Panthers’ salary cap outlook after Matheson’s eight-year contract

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On Saturday night the Florida Panthers locked up defenseman Michael Matheson to an eight-year, $39 million contract.

If you’re not too familiar with the Panthers it might seem like a pretty significant investment (and to be fair, even if you are familiar with the Panthers it is a significant investment) but since the start of the 2016-17 season no player on the team has played more even-strength minutes than the 23-year-old Matheson.

He is clearly a player that the organization trusts and one that it sees as a long-term building block.

Now that he is locked in through the end of the 2025-26 season, let’s take a look at the long-term salary cap outlook for the Panthers.

Another young player signed long-term

With Matheson signed the Panthers now have eight players signed for at least the next four seasons: Matheson, Roberto Luongo, James Reimer, Aaron Ekblad, Keith Yandle, Jonathan Huberdeau, Aleksander Barkov, Vincent Trocheck and Nick Bjugstad.

Six of those players are age 25 or under. The only three that are not are Yandle, Reimer, and Luongo.

Together that group of nine players accounts for $47.3 million in salary cap space.

Most of them look like solid investments

While the Panthers have a significant chunk of their roster locked in for at least the next three or four years they don’t really have many deals that look like they will be a problem in the future.

The only two players on the team that carry a salary cap hit of more than $6 million per season are Ekblad ($7.5 million) and Yandle ($6.3 million).

They are also the only two players on the roster that crack the top-75 salary cap hits in the NHL.

Assuming Ekblad bounces back from what seemed to be a bit of a regression a season ago his contract could look like a steal. In the future. A young, top-pairing, all-situations defender that can play at the level Ekblad showed in his first two years in the league not only doesn’t come cheap, they usually end up costing more than what his $7.5 million cap hit is.

Yandle’s deal carries a bit of a risk simply because of his age. He is already 31 years old and signed for five more years after this one.

Up front Nick Bjugstad ($4.1 million per year through 2020-21) needs to stay healthy to get his career back on track, but Huberdeau, Barkov and Trocheck will only cost the Panthers $16.7 million per season for the next four years. All of them are legitimate 25-goal, 50-60 point players when healthy.

No more core players are in line for a new deal anytime soon

Because the Panthers were so aggressive in getting their young players signed, and because they have so many young players on their roster, they have a ton of cost certainty over the next few years. The only players that will be unrestricted free agents after this season are Radim Vrbata and Colton Sceviour, while the only restricted free agents are Jared McCann, Connor Brickley, Alex Petrovic and MacKenzie Weegar.

Only Jamie McGinn, Derek MacKenzie and Michael Haley are unrestricted free agents after the 2018-19 season while only Ian McCoshen is eligible for restricted free agency.

All of they pieces of the team are locked in place for the foreseeable future with what should be a decent amount of salary cap space.

The important questions now are how good is that core, and what can do with that salary cap space to fill in around them?

(Salary data via CapFriendly.com)

Panthers’ polarizing makeover continues with massive Matheson extension


Dale Tallon’s do-over of the Florida Panthers seems less and less about saving money and more about restoring his vision.

After all, salary retention made the Jason DemersJamie McGinn trade pretty even financially. Tallon also spared no expense in reportedly signing promising young defenseman Michael Matheson to a whopping new deal.

Sportsnet’s Elliotte Friedman originally reported it, and TSN’s Bob McKenzie backs it up as a “done deal” of eight years, $39 million. That means Matheson will carry a $4.875M cap hit starting in 2018-19, as his rookie deal still has one year remaining. The Panthers have yet to confirm it, but this seems like a safe bet to be true.

Giving Matheson an eight-year deal could be understandable if it meant huge savings. Handing him almost $5M would be reasonable if you instead wanted a bridge deal to see if he’s really worth that money. The Panthers giving Matheson both is where things get hairy, and many reactions boil down to Matheson being good, but the contract being bad.

Now, it’s better to overpay a talented player than it is to say, give precious cap space to a more limited defenseman like the Panthers once did with late-stage Ed Jovanovski.

It’s one thing to lock up a player early in a contract year when that person is a huge part of your marketing plan and could very well cost you a ton of money a year later. There’s a reason why teams like the Buffalo Sabres are proactive with the likes of Jack Eichel.

Even as a prominent member of the Panthers’ defense, it’s a bit baffling to imagine that they wouldn’t want a bigger sample size before handing Matheson almost $5M per year. This is a guy coming off of a 17-point season. Would a strong 2017-18 season really hurt that Panthers that much in the wallet?

Now Matheson is opened up to potentially painful comparisons. Look at the Anaheim Ducks, who have one proactive deal that looks better (Josh Manson) and one strenuous RFA situation that fell very nicely for them (Hampus Lindholm).

The Panthers have already seen a promising defenseman struggle under the weight of a lofty new extension.

It’s plausible that Aaron Ekblad will get things back together, and a star defenseman is often worth the $7.5M he’s receiving – and then some. Still, at the moment, people feel a lot worse about Ekblad’s deal than they did before, and that was a more agreeable decision in the moment.

Between Ekblad, Matheson, and Keith Yandle, the Panthers will devote $18.725M to three blueliners beginning in 2018-19.

Overall, it’s tough not to criticize this process, even if there are still some things to like about Florida’s roster, and that includes Matheson. Did they really need to cut ties with Jaromir Jagr, Jason Demers, Reilly Smith, and Jonathan Marchessault so rapidly? Did this Matheson deal need to get done right away? It also feels a little slap-dash.

Again, things aren’t all bad, and Matheson has talent. The bigger picture could be prettier, though.

Tune in on Sunday for a breakdown of the good and the bad of this team’s structure.

Panthers re-sign Petrovic — one-year, $1.8 million


The Florida Panthers announced on Saturday morning that they have re-signed restricted free agent defenseman Alex Petrovic to a one-year contract that will pay him $1.8 million.

Petrovic, 25, appeared in 49 games for the Panthers this past season, scoring one goal and adding 13 assists.

“Alex is an important part of our young core and has taken great strides in his development over the past two seasons,” said general manager Dale Tallon in a team statement. “He plays the type of hockey that will help us win games and we are pleased to have agreed to terms on a deal with him.”

Petrovic has spent his entire career with the Panthers since being selected by the team in the second-round of the 2010 draft. In 161 career games he has three goals and 32 assists.

He took on a significantly bigger role this past season when he was in the lineup, playing a career high 18 minutes per night, mostly on a pairing with either Michael Matheson or Mark Pysyk.