With Wednesday being the last day that teams could put players on waivers with the purpose of eventually buying them out of their contracts and some familiar, yet unsurprising, names are hitting the waiver wire today according to TSN’s Bob McKenzie to prepare for the oncoming free agent frenzy at noon on Thursday.
Anaheim – Nathan Oystrick
Edmonton – Ethan Moreau, Robert Nilsson, Patrick O’Sullivan
Tampa Bay – Todd Fedoruk
New York Rangers – Donald Brashear, Patrick Rissmiller, Aaron Voros
If these players go unclaimed on waivers, where they’ll sit for the next 24 hours, then they’re eligible to have their contracts bought out by their teams and then making them unrestricted free agents. What does the buyout cost a team that does so? It’s 2/3’s of the cost of the contract spread out over the number of years remaining on the deal for players over 26 years of age when their contract is terminated. Those younger than 26 when their contract is bought out, it’s 1/3 of their contract over the length of the deal. We’ll let you get your abacus out to calculate how much it will cost your teams should they end up buying them out.
As for the players who were waived yesterday that we told you about, they all cleared waivers and are officially eligible to be bought out if their teams decide to do that.
Leading up to Game 1 of the Stanley Cup Final (Monday, 8 p.m. ET, NBC), Pro Hockey Talk will be looking at every aspect of the matchup between the Washington Capitals and the Vegas Golden Knights.
The Vegas Golden Knights are a veritable gold mine of redemption stories.
Then again, one person’s “redemption” can be another person’s “revenge.” In considering the construction of the Golden Knights’ roster, some of the biggest hits feel like GM George McPhee’s revenge for the waves of Filip Forsberg jokes he absorbed between his 2014 firing and this unlikely run to the 2018 Stanley Cup Final.
Optimizing the returns of the expansion draft is one of the things that stand out about McPhee’s work.
It’s one thing to merely select the best player available, or the best option available (if the best player’s contract makes him a bad choice). The Golden Knights leveraged other teams’ fears of losing their best unprotected players to set this team up for the present and future with draft picks and high-potential pieces. There was even an element of exploiting teams’ mistakes of the past, as Vegas sweetened its takeaways by absorbing other GMs’ mistakes, such as David Clarkson‘s contract.
Let’s take a long look at how the Golden Knights were built, and also realize that there’s still plenty of building to do … but in a very good way.
The good stuff that doesn’t really matter right now
Let’s face it. The Golden Knights weren’t necessarily built with 2017-18 at the forefront of their brains.
Instead, Vegas stockpiled a slew of draft picks to 1) agree not to select unprotected players or 2) to trade some of their picks to teams after the draft. Oh yeah, and they also received a pick in that Panthers situation … but that’s its own category.
Back in June 2017, the easiest way to picture the Golden Knights exceeding expectations revolved around career-best work from Marc-Andre Fleury. He’s delivered on that dream, authoring his best work in the regular season and the playoffs. Sometimes Fleury’s looked superhuman.
But one of the beautiful things for Vegas was that they didn’t always ride that train. “The Flower” was fantastic, yet injuries limited him to just 46 regular-season games, and other goalies got hurt, too. They still easily won the Pacific Division.
Some of the other established names followed a similar pattern.
James Neal and David Perron were slated to be key figures for Vegas, and they delivered. Still, those who expected Neal to be easily Vegas’ most dangerous scorer ended up being wrong (at least after a ridiculous start for Neal). Neal was good, yet an unlikely first line emerged thanks to a few factors …
Karlsson is to Forsberg …
In this deconstruction of the Capitals’ construction, it was noted that people have been joking about the Filip Forsberg trade is a frequent punchline when discussing George McPhee. The veteran executive emphatically proved that he learned his lesson, and applied that lesson to leveraging other GMs into submission.
When McPhee flipped Forsberg for Martin Erat, his Capitals were hoping to get over the hump for a playoff run, and management misdiagnosed Forsberg’s potential. Similar situations played themselves out before, during, and after the expansion draft.
While Forsberg had yet to get to the NHL level with Washington, William Karlsson showed little more than potential (and a deadly hair flip) with Columbus. Instead, the Blue Jackets bribed McPhee not to take players like Joonas Korpisalo or Josh Anderson, not realizing that Karlsson would be Vegas’ Forsberg.
Again, that was an extreme case, but not the only one. The Wild gave Vegas Alex Tuch so they’d select Erik Haula. Tuch looks slick and Haula barely missed a 30-goal season. That stings, but Minnesota didn’t want to lose someone like Mathew Dumba, and McPhee gleefully exploited that, with successes even he probably didn’t fully comprehend.
Sometimes there were ulterior motives like shedding some bad contracts (to be fair to Columbus, getting rid of Clarkson was huge; Shea Theodore was the treasure they unearthed by taking on Clayton Stoner from Anaheim). Sometimes the gains were more modest, or more futures-oriented.
Either way, the Golden Knights wouldn’t be nearly as dynamic if McPhee didn’t supplement expansion draft selections with shrewd side deals. Especially …
via Getty
Skip this inevitable section, Tallon and Panthers fans
An amalgamation of many of those factors in the punchline-iest element of all, as the Florida Panthers happily gave Jonathan Marchessault and Reilly Smith to Vegas. Two-thirds of a top line that was able to hang with and sometimes outplay lines headed by Anze Kopitar, Logan Couture/Joe Pavelski, and the Jets’ beastly offerings was gladly given up. It was baffling then, and it’s aged like the opposite of wine (unless you enjoy making jokes on social media).
Counter-intuitive as it may seem, there's been talk FLA was trying to move both Marchessault and Smith even before VGK entered the picture.
To sweeten the deal(s), consider that one of Florida’s defenses (Reilly Smith’s contract) probably helped the Golden Knights sign Marchessault to a team-friendly extension, as they both will carry $5 million cap hits. (Smith’s already was there, while Marchessault’s kicks in next season.)
You have to dig pretty deep to find other explanations. Maybe it helped Florida afford a very nice free agent in Evgenii Dadonov? Yeah, that’s about it. All McPhee could do was thank any appropriate deities and let Tallon shoot himself in the foot. Twice.
Dale Tallon des @FlaPanthers: "Analytics took a more important place in the game. We made some mistakes… and thank god I'm back" #NHL100
Sometimes, like with the Golden Knights landing Nate Schmidt, it was about a team having to make painful choices about who to expose, and that player taking off even more than expected in Vegas. There are a lot of selections and situations that look astounding in hindsight, and some deserve the extra ribbing. No situation really stands at the level of unforced errors quite like what the Panthers managed with those self-destructive moves, though.
/Takes a second to recover from just how mind-blowing that all still seems.
Speaking of former Panthers
Of course, the Golden Knights aren’t just boosted by former Panthers players.
Gerard Gallant stands as a possible unanimous choice for the Jack Adams Award a season after that embarrassing “fired and sent away in a taxi cab” fracas with Florida.
It’s honestly surprising that Gallant – someone who allegedly clashed with “The Computer Boys” in Florida during Tallon’s blink of time out of control – is the same coach who’s allowed this team to play breathtaking, aggressive hockey. This is – dare I say it? – the sort of hockey that “The Computer Boys” likely would have stumped for.
Maybe Gallant was always prescient enough to realize that these players would truly flourish if you gave them more opportunities and longer leashes to make mistakes. Maybe it was a “nothing to lose” gambit. Or perhaps he took some lessons to heart after what must have been a humbling experience in Florida.
Either way, Gallant’s been a huge part of the winner Vegas has built, and he’s a mere four wins from a Stanley Cup.
A fairly clean slate
You could mix in a little “greed is good” into this recipe, as UFAs such as James Neal and David Perron are fighting for new deals. Fleury really isn’t that far away either (he could sign an extension in July), and plenty of other players are fighting to prove their worth in the NHL. Marchessault was in a contract year before getting his extension in January, too.
Another genius element of Vegas, one that other teams must envy, is that they aren’t weighed down by a bunch of problem contracts.
Yes, they took on the albatross deals of Clarkson and Mikhail Grabovski, yet those can a) be scuttled off to Robidas Island (the LTIR) and b) they aren’t going to last long. This team isn’t just set up for a promising future because of a bounty of draft picks; they also have the sort of cap room to be credible rumored destinations for big names like Erik Karlsson and John Tavares.
That actually bring us to one of the few mistakes, at least in ignoring the Vadim Shipachyov saga: trading three prominent draft picks for Tomas Tatar.
As of this moment, that seems like a big gaffe and the NHL’s revenge for the expansion draft. Still, it’s plausible that the Golden Knights might salvage this situation. Heck, for all we know, maybe Tatar will end up providing an unexpected boost as soon as the 2018 Stanley Cup Final?
Stranger things have happened … like, you know, an expansion team winning its division and making it all the way to the final round in its first season.
***
No doubt about it, the Golden Knights have enjoyed some luck. Marc-Andre Fleury’s unlikely to sustain this level of play (no insult to MAF, few goalies could), and that magic may even begin to run out during Game 1 on Monday. William Karlsson probably won’t score on almost a quarter of his shots on goal next regular season.
Even if the Golden Knights take a step back, the point is that this team is constructed with remarkable skill and foresight.
You don’t even need to use the “for an expansion team” caveat this season, and there’s a chance you won’t need to going further, either. This management team could very well ride this hot hand into the future.
Leading up to Game 1 of the Stanley Cup Final (Monday, 8 p.m. ET, NBC), Pro Hockey Talk will be looking at every aspect of the matchup between the Washington Capitals and the Vegas Golden Knights.
If trades were bad hair metal singles, then the Filip Forsberg – Martin Erat trade was to George McPhee’s time with Washington as “Cherry Pie” was for Warrant.
Whenever Forsberg does something amazing – an increasingly frequent occurrence, honestly – someone on Hockey Twitter will make fun of that trade by McPhee. Make no doubt about it; that trade looked bad in the moment and ages as well as expired cherry pie.
It’s fair to criticize that deal to this day, especially in picturing Forsberg playing alongside the likes of Alex Ovechkin, Evgeny Kuznetsov, and Nicklas Backstrom. It’s also far too easy to forget that McPhee was also responsible for those guys being on the roster, and for generally setting the foundation of a powerhouse team.
Boiling down 17 years as GM to one trade is probably even more unfair than reducing a band’s discography down to one single. (I’d be able to go deeper if I made a Faith No More comparison, so if you know your Warrant, do tell about their better moments in the comments. Or, stick up for “Cherry Pie.” This is the Internet, after all.)
The truth is that current GM Brian MacLellan was a lot like Stan Bowman in Chicago. He’s done masterful work in taking the Capitals to the next level, but it was McPhee who put together the core of this team.
Granted, MacLellan was right there with McPhee much of the time (much like Bowman as Dale Tallon’s apprentice), so you could quibble all day about how to slice up the credit. It’s easiest to break things down by who was actually GM, so let’s go with that.
Ultimately, the building of this team was very much about both men.
Genuine drafts
Let’s ignore the Petr Bondra era (which produced the franchise’s only Stanley Cup Final run before 2018) and skip to the Capitals selecting Ovechkin with the top pick of the 2004 NHL Draft.
From that point on, McPhee constructed the core almost exclusively through strong selections. Ponder the crucial choices McPhee made, with many of them coming from outside the high-end, “no-brainer” range of picks. Scroll for some additional interesting picks.
Again, Ovechkin (1st in 2004). They also nabbed once-essential defenseman Mike Green at 29.
The 2008 NHL Draft ended up being key, even though Anton Gustafsson (21st overall) didn’t pan out. Washington selected John Carlson with their other first-rounder (27th) and Braden Holtby in the fourth round (93rd pick). As you can see in “additional interesting picks,” McPhee kept swinging at goalies and hit a home run here.
While MarJo is now with the Devils, the Capitals selected underrated defenseman Dmitry Orlov with their second-round pick (55th overall) in 2009. [Golden Knight Cody Eakin was the 85th pick.]
They made some great picks in 2010, too. McPhee shrugged off “The Russian Problem” and got a huge steal with Evgeny Kuznetsov at 26th. They had more luck with goalies in the fourth round, as strong backup Philipp Grubauer was selected at 112.
The 2012 NHL Draft was maybe McPhee’s most controversial, and not just because that’s when he took Forsberg – who fell strangely that day – at 11. Tom Wilson also went at the 16th spot. Some decent supporting cast members were also selected in Chandler Stephenson (77th) and Christian Djoos (195).
Additional interesting picks: Mike Green at 29th in 2004; Michal Neuvirth, Semyon Varlamov, and Mathieu Perreault in 2006; Karl Alzner went fifth in 2007; Marcus Johansson selected 24th in 2009.
As you can see from that bulleted list, McPhee drafted most of the biggest names on this roster.
The Capitals’ playoff misfortune doesn’t just bring unwarranted abuse to players like Alex Ovechkin; it also obscures Washington’s knack for finding serious talent in the first round, even when they don’t have high picks. Players like Kuznetsov, Burakovsky, Carlson, Holtby, and Grubauer are allowing the Caps to sustain their success. It’s a lot like the Blackhawks unearthing nice later-round players like Brandon Saad and Ryan Hartman.
MacLellan brings it to the next level
As great as McPhee’s body of work actually looks, there’s no denying that things were starting to crumble when he was fired in 2014.
One area of need was behind the bench, as the Capitals were a real mess once things fell apart with Bruce Boudreau. The team also stumbled a bit in net before Holtby emerged as the start workhorse he is today.
MacLellan didn’t put together the core, yet he’s responsible for really tying the room together.
While people will mention that Barry Trotz’s future was in doubt as recently as his much-discussed handshake conversation with John Tortorella, there’s little point in denying that Trotz was a great hire. He helped bring a great defensive system to Washington, stopped messing around with Ovechkin’s position and reversed the malaise with Holtby. And now he’s hot lapping to happiness.
While McPhee laid down the foundation through fantastic drafting, MacLellan has supplemented that work by making some strong moves via trades and free agency.
In some cases, the most important signings were ones Mac didn’t make. Lesser executives would have paid too much to keep a one-dimensional blueliner like Karl Alzner, but the Capitals had the courage to let him walk. (All but the most stubborn old-school types in Montreal would probably agree that the Canadiens regret signing him.) Washington allowed Kevin Shattenkirk to leave despite all the sunk costs in acquiring him at the 2017 trade deadline.
T.J. Oshie‘s signing might not age well, yet it should be acknowledged that, with Ovechkin already at 33, the Capitals realize that their best chances are still in the present.
Not every move was deft. The Capitals can spin it anyway they want it, but Brooks Orpik‘s $5.5 million cap hit limits choices and probably forced useful (if crestfallen) players like Marcus Johansson out. We’ll also need to wait and see if Washington was right in waiting things out with Carlson, a pending UFA.
Still, the good outweighs the bad, especially if you ignore hindsight and realize that the Capitals were right in swinging for the fences with the Shattenkirk move.
Now that the hangover passed
Yes, this deep run was unlikely, or at least oddly timed after the best window for success seemingly passed. Still, this team won its division (again) and was built with the elements you’d expect a championship team to possess:
A true superstar in Alex Ovechkin, who sure looks like he’s still in or near his prime.
Two great centers in Kuznetsov and Backstrom.
A Vezina-caliber goalie in Holtby, even if he experienced rare struggles before rebounding during the 2018 Stanley Cup Playoffs.
John Carlson, a deadly scorer on defense.
The sorely underrated shutdown pairing in Matt Niskanen (MacLellan’s best addition, and one of his first) and Dmitry Orlov.
Some very nice young wingers in Burakovsky (McPhee’s last first-rounder) and Jakub Vrana (MacLellan’s original first-rounder).
That coveted third-line center in Lars Eller, one of MacLellan’s better trades.
Following all of the losses from that “Stanley Cup hangover without the Stanley Cup,” the Capitals still boast a lot of the ingredients you’d put together to get that hangover from actually drinking from the Stanley Cup.
***
It’s amusing that the 2018 Stanley Cup Final is, in some ways, McPhee’s old baby versus his new one.
MacLellan deserves ample credit for making the Capitals even better once he was promoted from assistant GM. We’ve seen instances where a team falls out of contention as stars age and executives leave. Instead, the Capitals won two consecutive Presidents’ Trophies and then merely settled for another division title and a run to the championship round since MacLellan took over. They’ve made the playoffs every year since 2013-14, the campaign that cost McPhee his job.
Capitals – Golden Knights offers a slew of great storylines, and they’re not only limited to Marc-Andre Fleury winning after being exposed to the expansion draft or Ovechkin’s ultimate redemption.
If you want a great example of a student trying to surpass his teacher, then MacLellan’s Capitals against McPhee’s Golden Knights is about as good as it gets in the NHL.
Just don’t forget that McPhee did a lot of the work for Washington, too.
The 2018 Stanley Cup Final matchup is set and it will be the Washington Capitals against the Vegas Golden Knights.
So many different storylines to consider. George McPhee vs. his old team. Alex Ovechkin going for his first ever Cup ring. Former Penguin Marc-Andre Fleury against the Capitals. And the obvious one with the Golden Knights and their inaugural season success. It should be a fun one.
Here’s the full schedule:
Game 1 Monday, May 28 – Capitals at Golden Knights, 8 p.m. ET (NBC) Game 2 Wednesday, May 30 – Capitals at Golden Knights, 8 p.m. ET (NBCSN) Game 3 Saturday, June 2 – Golden Knights at Capitals, 8 p.m. ET (NBCSN) Game 4 Monday, June 4 – Golden Knights at Capitals, 8 p.m. ET (NBC) Game 5* Thursday, June 7 – Capitals at Golden Knights, 8 p.m. ET (NBC) Game 6* Sunday, June 10 – Golden Knights at Capitals, 8 p.m. ET (NBC) Game 7* Wednesday, June 13 – Capitals at Golden Knights, 8 p.m. ET (NBC) * = If necessary
Leading up to Game 1 of the Stanley Cup Final (Monday, 8 p.m. ET, NBC), Pro Hockey Talk will be looking at every aspect of the matchup between the Washington Capitals and the Vegas Golden Knights.
WASHINGTON CAPITALS
The Caps will go into the Stanley Cup Final will the best defenseman on either side. John Carlson has been one of the better defenders in the league throughout the 2017-18 season. He managed to pick up an impressive 68 points in 82 games during the season and he’s added 16 points in 19 games during the playoffs. Not only is he capable of leading the charge offensively, he’s also relied upon to play significant minutes (averages almost 26 minutes during the playoffs). The Golden Knights don’t have anyone like him on their roster. That’s a fact.
Michal Kempny, who was acquired from the Chicago Blackhawks at the trade deadline, has been serving as Carlson’s partner during the playoffs. Kempny hasn’t looked out of place, but playing with Carlson has helped make him look good (his overall CF% is 48.04 percent. When Carlson isn’t on the ice with him it drops to 43.84).
Matt Niskanen and Dmitry Orlov round out the top four for the Capitals. Both players have been relatively solid for the Capitals during their run to the Stanley Cup Final. Orlov has eight points in 19 games and he averages 24:32 of ice time, while Niskanen has eight points in 19 contests and he averages 25:31 per game.
Things get a lot more interesting on the third period, which is made up of veteran Brooks Orpik and Christian Djoos. The pairing has been a liability for the Caps throughout the playoffs. There’s a decent chance that they’ll be exposed by Vegas’ speed a few times during the series.
VEGAS GOLDEN KNIGHTS
As we mentioned before, Vegas doesn’t have a clear number one blue liner like Carlson, but they have a group of six players that seem to play well as a unit.
No hockey fan considers Schmidt and McNabb as a top pairing and most people thought Deryk Engelland’s days in the NHL were done, but all three of those players have played significant roles for their team.
Before you sell the Vegas defense short, keep in mind that they have Marc-Andre Fleury behind them, which will cover up a lot of their shortcomings. Braden Holtby has been good for Washington, but Fleury has been dominant from the start of the playoffs and he hasn’t gone through a prolonged slump at any point.
Advantage: Capitals.
The Capitals are at a disadvantage when you compare the bottom pairings of both teams, but the fact that they have the best blue liner in the series really helps shift this discussion their way. Even though Kempny is far from being a top-pairing defenseman, the fact that he plays with Carlson helps make him better. Also, the second pairing of Niskanen and Orlov plays a factor in this decision.
With Wednesday being the last day that teams could put players on waivers with the purpose of eventually buying them out of their contracts and some familiar, yet unsurprising, names are hitting the waiver wire today according to TSN’s Bob McKenzie to prepare for the oncoming free agent frenzy at noon on Thursday.
