Tag: Carolina Hurricanes

2014 NHL Draft - Round 2-7

Attention agents: Coyotes are at least $18M from cap floor


For many NHL teams, the most relevant salary cap news for 2015-16 is that the ceiling will be $71.4 million. In the case of the Arizona Coyotes, it may be a strenuous race to the floor.

The floor is set at $52.8 million, which means the Coyotes will need to spend more than $18 million to get there.

(General Fanager has their cap spending at a slightly lower level, but let’s stick with “more than $18 million” to keep things simple.)

Whatever the exact amount may be, this development generated a slew of jokes from those hoping their teams would shed unwanted salaries. Just looking at the replies to that Five for Howling tweet, here are some “friendly suggestions.”

Anyway, you get the point, but there are a few things to consider.

For one thing, the Coyotes have a ton of players they can re-sign.

Granted, some of them might not be worth retaining, like maybe Martin Erat. Still, the likes of Mikkel Boedker should eat up space, and the Coyotes may want to pay extra for a backup in case embattled starter Mike Smith isn’t a pretty good goalie after all.

On the other hand, Oliver Ekman-Larsson ranks among those who are concerned that the Coyotes’ latest off-the-ice saga may hurt their standing in the eyes of many free agents. That, along with a surplus of available draft picks, could indeed mean that Arizona GM Don Maloney may prefer to call up teams suffering from cap crunches.

Long story short: it may be silly too dream too big here, but go ahead and make your Cam Ward/Mike Richards/etc. jokes as needed. A long summer is coming, after all.

‘Canes re-sign Jordan to one-year, $625,000 contract

New Jersey Devils v Carolina Hurricanes

The Carolina Hurricanes have re-signed defenseman Michal Jordan to a one-year contract worth $625,000.

“Michal took great strides last season, and continued that progress when he represented his home country (Czech Republic) as it hosted the World Championship,” said GM Ron Francis in a release. “He’s still a young defenseman, and we expect him to continue to improve going forward.”

Jordan, 24, played 38 games for the ‘Canes in 2014-15, scoring twice with four assists while averaging 15:57 of ice time.

He was a pending restricted free agent.

Carolina ‘looking at all the options’ for Semin, says Francis

Carolina Hurricanes v Columbus Blue Jackets

Buyout? Trade?

Keep him?

Those are the options Carolina GM Ron Francis is currently mulling regarding the future of forward Alex Semin. After a disappointing year in which he missed 25 games to injury and healthy scratches — finishing with a career-low six goals — Semin, who has three years and $21 million remaining on his contract, could be done with the ‘Canes in the not-too-distant future.

But as for now, his situation is up in the air.

“It’s too early to say,” Francis said this week, per the Raleigh News & Observer. “We’re looking at all the options. Is it best to keep him here or should we do something else?

“At the right time we’ll do what’s best for our organization.”

The right time could be next week, as GMs first descend on Las Vegas for the NHL Awards, then Florida for the 2015 NHL Entry Draft. And with the league’s buyout window now open, this pretty much is the time for Francis and the ‘Canes to decide what to do with Semin.

A buyout would be expensive — $14 million over the next six years. It’s unclear if owner Peter Karmanos would green-light such a move but, if he did, Francis would have some salary freed up to make other moves.

A trade could also be explored, but it’s almost certain the ‘Canes would need to retain salary.

The third option, of course, is for head coach Bill Peters to continue trying to light a fire under Semin. And if Carolina is looking for something to build on, it can point to how the former 40-goal man played in February and March — 10 points in 24 games, hardly earth-shattering totals, but a potential glimmer of hope.

The reality, though, is that most signs point to him playing elsewhere next year. As the Observer noted, Francis’ remark about Semin “doesn’t sound like a general manager expecting to see a player back in his team’s lineup.”