Marcus Johansson and the Washington Capitals couldn’t agree to terms this summer and ultimately an arbitrator has decided what his contract should be.
The 24-year-old forward was awarded a one-year, $3.75 million deal for the 2014-15 campaign, per the Monumental Network. He put in an arbitration request of $4.75 million and the Capitals had countered at $3 million.
He was coming off of a two-year, $4 million deal and earned a little under $2.2 million in 2014-15. Johansson has recorded over 40 points in each of the last three 82-game campaigns and posted a career-best 47 points last season.
He might have trouble replicating that level of success in 2015-16 though. That’s because the summer additions of T.J. Oshie and Justin Williams coupled with the rise of Andre Burakovsky might result in Johansson playing primarily on the third line. His power-play ice time might also drop from his average of 2:55 minutes per game last season.
Still, the fact that the settlement is near the middle will provide the Capitals with some breathing room from a cap perspective. Washington has a little under $500K in space remaining, per General Fanager, but that’s with three goaltenders on its roster. Moving netminder Justin Peters ($950K) to the minors would put Washington in a more manageable position.
Marcus Johansson had his arbitration hearing today and whatever ruling gets handed down by Friday afternoon, it’s likely to be a substantial boost from his 2014-15 salary of roughly $2.2 million, but will he earn his next sum?
That’s open for debate and it doesn’t have as much to do with Johansson as it does with the changing makeup of the Capitals as Chuck Gormley argued for CSN Washington:
With Ovechkin and Andre Burakovsky slotted as the Caps’ first- and second-line left wings, and T.J. Oshie and Justin Williams slotted as their first- and second-line right wings, Johansson figures to start the season as a third-line left wing with centers Brooks Laich or Jay Beagle and right wing Tom Wilson.
His power-play time (2:55 per game last season, fourth on the club) could also dip because of the additions of Oshie and Williams.
And yet Johansson did record 20 goals and 47 points last season after finishing with 44 points in his previous campaign, so he could very well get somewhat close to his asking price from the arbitrator. Given that, Gormley wondered if the Capitals might end up walking away from Johansson’s contract. They would have the option of doing so provided that the arbitrator’s assigned salary is more than $3.8 million.
Keep in mind that Washington only has about $5 million worth of cap space to begin with and that’s excluding Justin Peters, who will presumably start the 2014-15 campaign in the minors, so the financial flexibility gained from a walk-away would be noteworthy.
At the same time, ending up with nothing in return for Johansson would be a tough pill to swallow. While a contract in the neighbor of $4 million isn’t ideal for someone playing on the third line, he would still have value to Washington in that role.
Finally, it is worth mentioning that Johansson and the Capitals can still agree to terms on their own before the arbitrator’s ruling.
Related: Arbitration looms, but Johansson not worried about future with Caps
One more down, four to go.
Arbitration cases, we mean.
The Nashville Predators announced today that they’d signed restricted free agent Colin Wilson to a four-year, $15.75 million contract. Wilson had been scheduled to go to arbitration tomorrow.
The Wilson signing, combined with today’s Derek Stepan signing, leaves four RFAs still scheduled to make their cases in front of an arbitrator:
— Washington’s Marcus Johansson, hearing scheduled for Wednesday
— Ottawa’s Mike Hoffman, Thursday
— Minnesota’s Erik Haula, Friday
— Toronto’s Jonathan Bernier, Friday
Wilson, 25, had 20 goals and 22 assists last season for the Preds.
Related: Preds sign ‘integral’ Smith to five-year, $21.25M extension
Marcus Johansson wants $4.75 million. The Washington Capitals are requesting a little less, $3 million.
That’s according to Sportsnet’s Elliotte Friedman, as Johansson, a restricted free agent, is preparing to have his arbitration hearing on Wednesday.
So far, the two sides have not been able to agree on a new deal. However, these negotiations often go right down to the wire, as was the case with goalie Braden Holtby.
Johansson, a 24-year-old forward, had 20 goals and 47 points, both career highs, last season.
The Capitals were able to come to terms with goaltender Braden Holtby before an arbitrator had to rule on his value, but will Washington be able to pull that off again with its final restricted free agent, Marcus Johansson?
“I think they’re status quo from last time,” Capitals GM Brian MacLellan said of the Johansson contract negotiations, per NHL.com.
Johansson’s arbitration hearing is scheduled for Wednesday. He’ll presumably be seeking a decent raise from his old two-year, $4 million contract after recording 20 goals and 47 points last season.
MacLellan is willing to go through the arbitration process if necessary, but of course his hope is to avoid that.
The good news is that Washington has some cap flexibility after inking Holtby to a five-year, $30.5 million contract. If Holtby had been awarded $8 million for the 2015-16 campaign as he was asking an arbitrator for, then signing Johansson while staying under the ceiling might have been a balancing act. As it is, Washington has about $5 million in space.