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Vegas GM doesn’t appear to be in any hurry to move extra d-men

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The Vegas Golden Knights currently have 10 defensemen under contract — and that is without Nate Schmidt signed.

Schmidt and the Golden Knights have an arbitration hearing scheduled for Aug. 3, so there is still plenty of time for them to negotiate a new deal for the restricted free agent blue liner without having a neutral third party decide the matter.

Schmidt’s agent, Matt Keator, told the Las Vegas Review Journal that talks with the Golden Knights have been positive, which lends to optimism that perhaps the club and player will avoid this whole process with a deal.

A new contract between Schmidt — left unprotected by Washington in the expansion draft — and Vegas would put the Golden Knights at 11 d-men less than two months before training camp opens.

Granted, that number is considerably less than what Vegas had following the expansion draft, when they stockpiled 15 defensemen and eventually moved players like David Schlemko, Trevor van Riemsdyk and Marc Methot.

While it seems more moves are likely on the back end for Vegas, general manager George McPhee doesn’t seem to be in any particular hurry right now, per the Vegas Review Journal.

“We’re at a manageable number right now,” said McPhee. “We’re pretty close to where we want to be and we’re comfortable with the roster we have.”

Their blue line also includes five players — Jason Garrison, Luca Sbisa, Clayton Stoner, Brayden McNabb and Deryk Engelland — that are pending unrestricted free agents at the end of next season. As far as Vegas’ defensive group is concerned, this could mean future trades during the season as other clubs, perhaps playoff bound, look to possibly add a rental late in the year.

One thing McPhee has made clear in the past: He planned on keeping Schmidt and fellow d-man Shea Theodore (only 21 years old). Now, they just have to get Schmidt under contract.

Related: Vegas has more ticket revenue than Boston, Philly and Pittsburgh, says Foley

Red Wings’ cap future after Tatar signing: should they buy out Ericsson?

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In a vacuum, the Detroit Red Wings handing Tomas Tatar a four-season deal that carries a per-year cap hit of $5.3 million makes a lot of sense. Tatar ranks as one of their deadliest scorers, and at age 26, the contract likely takes up the final years of his prime.*

Still, it must be mentioned that Tatar’s contract reminds us that the Red Wings may no longer stand as an obvious contender, yet they sure spend like one.

Yes, Johan Franzen‘s near-$4 million will go to LTIR, but this Cap Friendly reading still stands as a reminder that there isn’t much breathing room, especially with Andreas Athanasiou needing a contract. Detroit figures to have a little less than $1 million minus Franzen:

OK, so there are a few options. Winging it in Motown brings up an intriguing idea: what if the Red Wings buy out defenseman Jonathan Ericsson‘s contract?

They used Cap Friendly’s tool to show that a cap hit of $4.25 million would be spread out over six seasons in this setup. Each year, the actual cost would be a bit less than $1.39 million.

The bright side is that, for the next two seasons, the Red Wings would see real savings:

2017-18: save $2.61 million
2018-19: save $2.86 million
2019-20: save $2.86 million
2020-21 and 2021-22: would cost them about $1.39 million

Naturally, that would be quite the price to pay to get a player to not play for the Red Wings, yet it would also help Detroit squeeze under the cap. More on that conundrum here.

Let’s leaf through most of the Red Wings’ structure to see which deals are good, bad, and ugly.

(Note: As usual, Cap Friendly was highly helpful in putting this together.)

Dicey defense

  • Obviously, Ericsson’s health issues and struggles make him a tough guy to keep around at 33 and with a $4.25M. He’s merely the most obvious defensemen who’s an issue for this team.
  • Mike Green presents an interesting situation. He still has his use, yet at 31 and with his $6 million cap hit to expire after next season, the Red Wings must ponder his future. If they don’t want him back, could they send him somewhere else, whether that be now or in-season? Salary retention would likely need to be a consideration, especially if they wanted to move him earlier. That said, their already dicey defense would experience a painful loss if they traded Green.
  • Danny DeKeyser‘s $5 million cap hit through 2021-22 would be very difficult to move. At least he has … some proponents in the organization?
  • Niklas Kronwall‘s been a great solider for DRW, and the positive news is that his $4.75 million cap hit will evaporate after two seasons. Much like Ericsson, health is really hampering what he can do in the present, though.
  • Trevor Daley was just signed this summer. While he brings some strengths to the table, you have to wonder if the 33-year-old will slip enough that the $3.16 million could be an annoyance rather soon.

Forwards

  • Tatar ($5.3 million) becomes the second-highest-paid Red Wings forward behind Henrik Zetterberg, who makes just over $6 million. Zetterberg quietly enjoyed a strong 2016-17, and you can bet that he delivered at far higher a value than $6 million through the earlier years of his contract. Still, he’s 36 and that cap hit runs through 2020-21, the same year Tatar’s ends. Not ideal.
  • That Franzen headache expires after 2019-20.
  • Frans Nielsen is a nice player, and he had a strong debut season for Detroit. Still, he’s somehow already 33 and his $5.25 million cap hit won’t expire until after 2021-22. One would think that, if the Red Wings wanted to move him, now would be one of the better times since his value is probably still reasonably high. Of course, savvy teams will balk at that term. Maybe, like DeKeyser and some other players, the Red Wings would need to move a “problem” (Nielsen’s term) for some other team’s issue.
  • Moving on, there are bit players getting too much. Justin Abdelkader‘s term (2022-23) and $4.25M cap hit give off an albatross vibe. Darren Helm, already 30, at $3.85M per year seems shaky. Even Luke Glendening‘s reasonable but maybe unnecessary $1.8M cap hit argues that Red Wings management might be overvaluing supporting cast members.
  • Then you have young players who may cost more soon. Dylan Larkin and Anthony Mantha could see big jumps with breakthrough contract years as their ELC’s expire. Will Athanasiou be on a shrot deal, too?

Goalies

The netminder situation is pretty cloudy as well.

Jimmy Howard‘s contract is worrisome, although at least that $5.3M only runs through two more seasons. Petr Mrazek‘s a baffling situation, though maybe a team would take him from Detroit if the Red Wings retained some of that $4M? Would that even be a smart move considering Mrazek’s still-considerable potential?

***

Yikes, that entire outlook is almost entirely dismal. It’s not easy to say what the Red Wings should do next, especially if you’re not in the “blow it all up” camp.

(Note: Ken Holland doesn’t seem to be in the “blow it all up” camp.)

* – Of course, he could defy the general odds by having a longer run of prime years.

Red Wings sign Tomas Tatar: four years, $21.2M

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It turns out that Tomas Tatar‘s days are numbered with the Detroit Red Wings by almost 1,500.*

After a salary arbitration hearing and concerns that he might leave after a single season, “Band-Aid” sort of deal, a wide variety of reporters state that the two sides instead agreed to a four-year deal with a $5.3 million cap hit, which would total $21.2 million.

Those figures come from MLive.com’s Ansar Khan, the Detroit News’ Ted Kulfan, FanRag’s Craig Morgan, and Sportsnet’s Elliotte Friedman. The Red Wings confirmed that it was four years, but didn’t mention the financial details in their release.

Here’s the reported yearly breakdown (cue ominous music for that lockout-protection drop in 2020-21), via Morgan:

Again, this feels like a change in viewpoint, as even just yesterday it was reasonable to wonder if Tatar would only stick around for 2017-18. Now, it is possible that Tatar might get traded at some point, but a four-year deal is a bit surprising. The forward himself speculated that a one-year deal would be it.

This contract makes Tatar, 26, the Red Wings’ second-most expensive forward from a cap perspective, trailing only Henrik Zetteberg’s $6.083 million.

Even with this deal out of the way, Red Wings GM Ken Holland still has some work to do, including re-signing speedy forward Andreas Athanasiou. And the situation is tight.

* – Four times 365 is 1,460. Get it?

Wingels fractures foot, but should be ready for Blackhawks camp

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The good news is that Tommy Wingels is expected to be ready for Chicago Blackhawks training camp. The bad news is that he’ll be limited in his training regimen … although that very regimen caused him issues in the first place.

Dr. Michael Terry, the Blackhawks’ team doctor, released the following update regarding Wingels:

“Tommy Wingels sustained a left foot fracture during his off-season training. We anticipate a full recovery in six to eight weeks and in time for training camp. We do not anticipate any long-term issues.”

It’s unclear what caused the specific injury. Dropped weight? Unlucky fall? Perhaps a stress fracture? Without knowing the exact issue, it’s tempting to picture various painful scenarios.

(Probably because we’re in the dog days of the hockey summer, too.)

Wingels, 29, is on a one-year deal with Chicago, carrying a $750K salary and cap hit. He last played for the Ottawa Senators, though Blackhawks fans are most likely to remember him from his lengthy stay with the San Jose Sharks.

Six-to-eight weeks seems like it wouldn’t give a ton of room for error, so we’ll see if he’ll actually be ready for training camp.

Senators avoid arbitration with Ryan Dzingel

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The Ottawa Senators have narrowly avoided arbitration with Ryan Dzingel.

Per Sportsnet’s Elliotte Friedman, Dzingel has signed a two-year deal with a cap hit of $1.8 million.

Dzingel’s hearing was scheduled for today. Last season, the 25-year-old forward had 14 goals and 18 assists in 81 games.

Earlier this week, the Sens also avoided arbitration with Jean-Gabriel Pageau, though that case didn’t go down to the wire like Dzingel’s did.

Pageau and Dzingel were the only Sens with arbitration hearings scheduled.

Related: Sens want to avoid arbitration with Dzingel