Blues won’t make significant addition until Tarasenko is signed

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The St. Louis Blues have a healthy amount of cap space and some moderate, primarily depth-related needs, but they might be inactive in Day 1 of the free agent period. That’s because Blues GM Doug Armstrong plans to remain in a holding pattern until the team’s negotiations with restricted free agent Vladimir Tarasenko has come to a resolution.

“We’ll talk to our own restricted free agents, but we’re going to stay away from the unrestricteds until we find out what Vladi’s intentions are,” Armstrong told the St. Louis Post-Dispatch. “If we can find the depth player that we want, we’re going to fill out our roster. But as far as making a significant addition to our team, we’re not looking for a top-five defenseman or a top-10 forward until we get Vladi done.”

Part of the reason for that position is to guard against the threat of an offer sheet. Armstrong doesn’t think Tarasenko will end up signing one, but as long as the Blues don’t indulge in the UFA or trade markets, they’re in a position to match any contract another team puts in front of the 23-year-old star forward.

While offer sheets are rare, the threat of one seems to have guided the trade market recently. In the last week we’ve seen Boston ship Dougie Hamilton to Calgary and Chicago trade Brandon Saad to Columbus.

Meanwhile, forwards Olli Jokinen and Marcel Goc as well as defensemen Zbynek Michalek and Barret Jackman are among the players that St. Louis is letting test the unrestricted free agent waters.

Related: Armstrong doesn’t see the Blues, Tarasenko being ‘very far apart in dollars’