Flyers hand GM Paul Holmgren three-year extension reportedly worth $4.5M

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The Philadelphia Flyers announced the signing of a high profile figure today, but the good news is that it won’t have an impact on the team’s paper-thin salary cap. Well, not directly, at least.

That’s because the Flyers signed a deal with someone who doesn’t skate with the team, as they handed general manager Paul Holmgren a three-year extension reportedly worth $4.5 million.

While I look at the disastrous 2006-07 season that resulted in the dismissal of Bobby Clarke and Ken Hitchcock as a bit of an aberration akin to the San Antonio Spurs being awful long enough to draft Tim Duncan, it’s undeniable that Holmgren is responsible for the club’s impressive makeover.

His tenure began by raiding some of the Nashville Predators’ best talents, as he engineered trades to bring in important defenseman Kimmo Timonen and useful pest/scorer Scott Hartnell. He was in charge when the team drafted James van Riemsdyk. Holmgren made savvy pickups like a waiver claim on Michael Leighton last season, the signing of Sergei Bobrovsky and a crafty trade to land playoff standout Ville Leino. Perhaps his most important long-term moves might be the cap-friendly contracts he negotiated with Mike Richards and Jeff Carter, though.

Of course, there’s also the dramatic improvement the team made once Holmgren decided to hire Peter Laviolette last season to boot.

Even some of his “biggest missteps” such as giving Danny Briere a lengthy, expensive deal and flubbing on the 35+ rule with Chris Pronger have worked out pretty well. Maybe those contracts will devolve into albatrosses later on, but Briere was the leading scorer of the 2010 playoffs while Pronger was a huge difference maker as the team struggled with goalie injuries. It’s hard to call either move bone-headed now.

The team may always have questions in net, although that situation is greatly improved (and besides, skimping on goaltending has been their M.O. for years, with mostly solid results).

Beyond that flippant goalie criticism, the only consistent problem facing the Holmgren years has been getting under the salary cap. Yet when you look at other contenders in Pittsburgh, Detroit and Vancouver, it’s clear that most top teams acknowledge that’s just the price of doing business.

Considering his impressive track record so far, the Flyers are wise to allow Holmgren to manage their business going forward.

The Buzzer: Mangiapane tricks Ducks; Lightning win record 11th straight

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THREE STARS

1. Andrew Mangiapane, Flames

The Flames’ 6-4 win over the Ducks was powered by Mangiapane’s first career hat trick. Two of his three goals came during a third period where Calgary entered it trailing 3-1 and scored five times en route to the win. He would register an assist on Matthew Tkachuk‘s 20th of the season to add to a career-best four-point night. The hat trick is also the first by a Flames player this season.

2. Antti Raanta, Coyotes

Arizona won for the second straight game behind Conor Garland‘s 20th goal of the season and 28 saves from Raanta. The 2-1 win over the Islanders gives the Coyotes a winning streak for the first time since Dec. 31-Jan. 7 and also puts them into a tie for the final Western Conference wild card spot. Raanta’s been in net for both wins and has stopped 64 of his last 66 shots faced.

3. Nikita Kucherov, Lightning

The Lightning set a franchise record with their 11th consecutive win by topping the Avalanche, 4-3, in overtime. During the extra period, it was Kucherov beating Pavel Francouz five-hold to keep Tampa red-hot. How hot? They are 23-2-1 since Dec. 21.

AVS LOSE RANTANEN

Adding to the bad night against Tampa, the Avalanche lost Mikko Rantanen to an upper-body injury in the second period. He’ll be out for “weeks.”

HIGHLIGHTS OF THE NIGHT

• Here’s Alex Ovechkin catching up with old teammate Nate Schmidt:

• They don’t see each other often, but the temperature certainly rose when the Avs and Lightning met:

STATS OF THE NIGHT

Jonathan Huberdeau picked up his 50th assist of the season in the win over the Sharks. He now joins Aleksander Barkov as the only two players in Panthers franchise history to record multiple 50-assists seasons.

• Via the NHL, Matthew Tkachuk is now the fourth player in Flames history to record three 20-goal seasons before his 23rd birthday. Sean Monahan (4 times), Robert Reichel (3 times) and Jarome Iginla (3 times) are the only others on the list.

SCORES
Coyotes 2, Islanders 1
Panthers 5, Sharks 3
Flames 6, Ducks 4
Golden Knights 3, Capitals 2
Lightning 4, Avalanche 3 (OT)

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.

Avs lose Rantanen for weeks after crash into boards

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Avalanche forward Mikko Rantanen will miss “weeks,” per the team, after he crashed into the boards during Monday night’s loss to the Lightning.

Rantanen was on a 2-on-1 with Andre Burakovsky in the second period when he tripped over a diving Erik Cernak and slid into the end boards behind the Tampa net. He left the ice favoring his left shoulder and was later ruled out for the rest of the 4-3 overtime defeat.

Rantanen, who has 19 goals and 40 points in 41 games, missed 16 games this season due to ligament damage in his left ankle.

The injury comes on the day it was announced goaltender Philipp Grubauer is day-to-day with a lower-body injury suffered during the Stadium Series game, Matt Calvert is out long-term, and a week after Nazem Kadri was ruled out for “weeks, not days” with an LBI.

Colorado sits one point behind the Blues and Stars for the top spot in the Central Division with 24 games to go.

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.

Canucks strengthen up front by acquiring Tyler Toffoli

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Tyler Toffoli‘s final game with the Los Angeles Kings was a memorable one.

After notching a hat trick during their Stadium Series win over the Avalanche, Toffoli was dealt to the Canucks on Monday. Heading back to LA is a package of Tim Schaller, the rights to NCAA prospect Tyler Madden, and a 2020 second-round pick.

The deal also includes a conditional draft pick, which would see a 2022 fourth rounder going to the Kings if Toffoli re-signs, per Pierre LeBrun. LA will also not be retaining any of Toffoli’s $4.6 million salary this season.

“Tyler brings goal scoring abilities and is good in battles,” said Canucks GM Jim Benning. “He has great offensive instincts and experience playing in high pressure, meaningful games. We look forward to adding his skill and strength to the line-up.”

The 27-year-old Toffoli can become an unrestricted free agent this summer and was one of the bigger name forwards likely to be on the move with the NHL trade deadline a week away. In 58 games this season he has 18 goals and 34 points.

As the Canucks sit one point behind the Oilers for tops in the Pacific Division, this is Benning bolstering his roster with 23 games to go. Vancouver has been a surprise this season and with the opportunity present to make a run at the playoffs and division title, the move is a boost to the players for the stretch run.

Adding Toffoli also helps the Canucks’ forward group after the news that Brock Boeser will be out of the lineup with a rib injury and will be re-evaluate in three weeks.

The question to be answered is whether this was a premature move for Benning to pull off given the price and where the Canucks are in their turnaround. Madden, who is currently dealing with a broken finger, has 19 goals in 27 games this season at Northeastern University and adds to an already strong prospect pool for the Kings. There’s also no guarantee that Toffoli, who is reunited with his “That 70s Line” mate Tanner Pearson, will stay in Vancouver.

We always see GMs gamble this time of year, but there’s certainly an opening in the West this season, and Benning clearly has confidence his group can do something special.

MORE: PHT’s 2020 NHL Trade Deadline Tracker

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.

Ovechkin continues chase for 700 goals Thursday on NBCSN

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The Capitals lost for the fifth time in seven games and Alex Ovechkin remained stuck on 698 goals as the Golden Knights came out on top, 3-2, Monday night.

NBCSN has added the Capitals’ next game, Thursday at home against Montreal (7 p.m. ET), to its schedule as Ovechkin continues chasing goal No. 700.

The Golden Knights built up a 3-0 lead by the second period and held off a Capitals’ comeback as T.J. Oshie cut the led to 3-2 with pair of goals. Marc-Andre Fleury, who has surrendered the most goals to Ovechkin of any NHL goalie (24 goals in 42 games), stopped 24 shots for his second straight win. Ovechkin finished with eight shot attempts and four shots on goal.

Ovechkin is now goalless in five straight games after registering a hat trick against the Kings on Feb. 4. Of the seven members in the 700-goal club, five players took five games or longer to go from 698 to 700 career goals – Jaromir Jagr (5 games), Marcel Dionne, Wayne Gretzky, Mike Gartner (6 games), and Brett Hull (12 games).

MORE OVECHKIN:
NHL Power Rankings: Ovechkin’s top 10 goals
By the Numbers: Ovechkin’s 698 NHL goals
Stunning Numbers as Alex Ovechkin closes in on 700 goals
Can Alex Ovechkin break Wayne Gretzky’s record of 894 goals?
My Favorite Goal: Ovechkin scores ‘The Goal’

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.