Panthers’ salary cap outlook after Matheson’s eight-year contract

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On Saturday night the Florida Panthers locked up defenseman Michael Matheson to an eight-year, $39 million contract.

If you’re not too familiar with the Panthers it might seem like a pretty significant investment (and to be fair, even if you are familiar with the Panthers it is a significant investment) but since the start of the 2016-17 season no player on the team has played more even-strength minutes than the 23-year-old Matheson.

He is clearly a player that the organization trusts and one that it sees as a long-term building block.

Now that he is locked in through the end of the 2025-26 season, let’s take a look at the long-term salary cap outlook for the Panthers.

Another young player signed long-term

With Matheson signed the Panthers now have eight players signed for at least the next four seasons: Matheson, Roberto Luongo, James Reimer, Aaron Ekblad, Keith Yandle, Jonathan Huberdeau, Aleksander Barkov, Vincent Trocheck and Nick Bjugstad.

Six of those players are age 25 or under. The only three that are not are Yandle, Reimer, and Luongo.

Together that group of nine players accounts for $47.3 million in salary cap space.

Most of them look like solid investments

While the Panthers have a significant chunk of their roster locked in for at least the next three or four years they don’t really have many deals that look like they will be a problem in the future.

The only two players on the team that carry a salary cap hit of more than $6 million per season are Ekblad ($7.5 million) and Yandle ($6.3 million).

They are also the only two players on the roster that crack the top-75 salary cap hits in the NHL.

Assuming Ekblad bounces back from what seemed to be a bit of a regression a season ago his contract could look like a steal. In the future. A young, top-pairing, all-situations defender that can play at the level Ekblad showed in his first two years in the league not only doesn’t come cheap, they usually end up costing more than what his $7.5 million cap hit is.

Yandle’s deal carries a bit of a risk simply because of his age. He is already 31 years old and signed for five more years after this one.

Up front Nick Bjugstad ($4.1 million per year through 2020-21) needs to stay healthy to get his career back on track, but Huberdeau, Barkov and Trocheck will only cost the Panthers $16.7 million per season for the next four years. All of them are legitimate 25-goal, 50-60 point players when healthy.

No more core players are in line for a new deal anytime soon

Because the Panthers were so aggressive in getting their young players signed, and because they have so many young players on their roster, they have a ton of cost certainty over the next few years. The only players that will be unrestricted free agents after this season are Radim Vrbata and Colton Sceviour, while the only restricted free agents are Jared McCann, Connor Brickley, Alex Petrovic and MacKenzie Weegar.

Only Jamie McGinn, Derek MacKenzie and Michael Haley are unrestricted free agents after the 2018-19 season while only Ian McCoshen is eligible for restricted free agency.

All of they pieces of the team are locked in place for the foreseeable future with what should be a decent amount of salary cap space.

The important questions now are how good is that core, and what can do with that salary cap space to fill in around them?

(Salary data via CapFriendly.com)

Panthers offer Sarah Nurse deal to lead girls hockey program

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FORT LAUDERDALE, Fla. — The Florida Panthers are trying to sign a high-scoring forward who has an Olympic gold medal and two world championships, with hopes of getting the deal done in the coming days.

If it happens, she won’t be playing for the Panthers.

Sarah Nurse, the Canadian forward who had a highlight-reel goal against the New York Rangers’ Igor Shesterkin during the NHL’s All-Star Skills Competition, has the chance to run the Panthers’ new program designed to get more girls playing hockey.

Florida president Matthew Caldwell offered the job to Nurse publicly – very publicly, at a lectern, with a microphone, before a crowd of onlookers. And he was serious.

“I’m going to embarrass you, but we’re going to offer you a job today,” Caldwell told Nurse, who was seated in the crowd. “We want you to be the face of our girls program at the War Memorial. So, are you in? On the spot? We don’t deal with agents, OK. I’m a tough negotiator.”

The idea to hire Nurse was first floated to Caldwell by Melissa Fitzgerald. She’s the general manager for the War Memorial, which is the two-rink facility being refurbished by the team and will become its practice headquarters.

“We’ve been talking about it for a few weeks,” Caldwell told The Associated Press. “Our youth hockey team kind of brought it up as a joke to me, but I said, `Let’s think big. We’re building this huge facility. Let’s put our money where our mouth is.”‘

The only part Caldwell was less than serious about with Nurse was how the Panthers don’t deal with agents. He spoke with Nurse’s representative, Thomas Houlton, after the event.

Houlton did not immediately respond to a request for comment. He and Caldwell spoke for about 15 minutes after the event, which was attended by NHL Commissioner Gary Bettman, Panthers stars Aleksander Barkov and Matthew Tkachuk, and dozens of kids who got to play ball hockey afterward.

Nurse played for Canada’s world-champion teams in 2021 and 2022, along with Canada’s Olympic gold winners at the Beijing Games last year.

She was one of five women’s players from USA Hockey and Team Canada – the two most dominant women’s national teams in the world – who were part of the skills events. She wore custom skates highlighting Black History month and the Black Girl Hockey Club, a nonprofit focused on getting more Black girls and women into the sport.

She used a move made famous by Hall of Famer Peter Forsberg when he helped Sweden win gold at the 1994 Olympics against Shesterkin, a Vezina Trophy-winning goalie.

U.S. star Hilary Knight didn’t think Nurse’s goal should have surprised anyone, saying, “she’s a top scorer.”

Ovechkin, and Ovi Jr., take the ice at All-Star skills night

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SUNRISE, Fla. — When you’ve got the second-most goals in NHL history, you’re evidently permitted to bring a guest onto the ice for the All-Star Skills competition.

That’s why there were two No. 8 Washington jerseys out there.

Capitals star Alex Ovechkin took the ice with his Metropolitan Division teammates – and his oldest child, 4-year-old Sergei.

Sergei, named for Ovechkin’s late brother, was wearing an Ovi Jr. jersey. The kid has built a bit of a following in recent weeks, after scoring a goal at a Caps practice in December and playing a role in helping the Washington crowd celebrate his dad’s 800th goal.

It was Ovi Jr.’s first chance at being part of an All-Star weekend. His father hasn’t participated at All-Star since 2018, either because of COVID-19 or injuries. The last time his dad played in an All-Star event, Sergei hadn’t been born.

Alex Ovechkin has 812 goals. He only trails Wayne Gretzky’s 894 in NHL history.

And later in the night, Ovi Jr. got to center a line alongside his dad and Pittsburgh great Sidney Crosby. They each got an assist on a goal that Sergei scored – beating Roberto Luongo, the Florida great who came out of retirement for All-Star weekend.

Said Ovechkin after his son scored: “I think he’s really enjoying it.”

WELCOME HOME, LU

Luongo got to be part of one more All-Star competition.

In a building where a banner bearing his No. 1 jersey hangs – he’s the only former Panthers player to have that distinction – Luongo was a celebrity goaltender during the Breakaway Challenge during the Skills Competition on Friday night.

He stopped his lone shot in the breakaway, off the stick of Toronto’s Mitch Marner. On one hand, Marner is the Maple Leafs’ leading scorer this season. On the other hand, he was also wearing a white suit, sunglasses and a light blue T-shirt to keep with a “Miami Vice” theme.

Luongo, who was regaled by “Luuuuu” chants from the Florida fans all night, was up to the challenge. Marner tried to beat him to the glove side, but Luongo got enough of it to make the save – then flopped forward to cover up the rebound, the smile clearly seen through his mask.

“You got too close,” Luongo told Marner.

Later, Luongo told ESPN during the telecast of the event that “this is my house. This is my home right here. The crease is my home.”

Luongo’s pads paid tribute to his career – the design depicted his time both as a member of the Panthers and the Vancouver Canucks. They were a gift from CCM for his making the Hockey Hall of Fame.

“I’d never put the pads on since I retired,” Luongo said. “First time I put them on was this week. Felt pretty good.”

He also took part, and scored a goal, in a Florida alumni game on Wednesday night. But if there’s more alumni games, Luongo suggested he might jump back into the net.

“It back some good memories tonight to be in the blue paint, hearing the chants,” Luongo said. “Maybe one day we’ll hear them again.”

REMEMBERING JIMMY

Sergei Ovechkin – who knocked a shot into an open net during a stoppage of the skills events – wasn’t the only child who got a great view of the night.

Philadelphia forward Kevin Hayes has his 3-year-old nephew Beau with him for All-Star weekend. Beau’s father was Jimmy Hayes, Kevin Hayes’ brother.

Jimmy Hayes was 31 when he died in 2021 with fentanyl and cocaine in his system. He played for four NHL teams, including Florida.

Kevin Hayes is part of an All-Star weekend for the first time.

ANTHEM POISE

“The Star-Spangled Banner” was performed by the South Florida Gay Men’s Chorus, and group crushed it – never minding that the crowd, representing several different fan bases, was going to shout some term specific to their team at various points in the lyrics.

Florida fans shout along with “red” and “Knight,” one a nod to one of the team’s primary colors, the other for goaltender Spencer Knight. There also were some shouts from other fan bases; some St. Louis fans, for example, could be heard singing “home of the Blues” instead of “home of the brave” to close the song.

And “O Canada” performer Hannah Walpole had some shouting as she sang as well, particularly when she reached the “true North” portion of those lyrics – something typically heard at Winnipeg games.

SLAP SHOTS

Cale Makar, the reigning Conn Smythe Trophy winner from the Stanley Cup champion Colorado Avalanche, was the first participant in the Fastest Skater event – the opening competition of the night. He fell coming around the second turn. … Tampa Bay’s Pat Maroon, one of the broadcasters on the event, reported that he was “freezing” by working at ice level. “I’m used to the gear,” said Maroon, who was in a blazer and open shirt Friday night. … A big hit for those used to the regular colors of FLA Live Arena – and basically all other hockey arenas – was the ocean-water-shade of blue used for the blue lines and the creases. The faceoff dots at the circles on either end of the ice aren’t the standard solid red this weekend, but depict an image of the sun instead.

Capitals sign Dylan Strome to five-year, $25 million extension

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FT. LAUDERDALE, Fla. – The Washington Capitals signed forward Dylan Strome to a five-year extension worth $25 million.

The team announced the contract during NHL All-Star Weekend, which is taking place in South Florida – the place Strome was drafted third in 2015.

Strome will count $5 million against the salary cap through the 2027-28 season. He was set to be a restricted free agent this summer.

“Dylan is an intelligent and skilled center and has been a great addition to our organization,” general manager Brian MacLellan said. “We are pleased to sign him to a long-term contract. We feel his skill set is a great fit for our team as he enters the prime years of his career at an important position.”

Strome is getting a raise from the $3.5 million deal he signed with the Capitals after the Chicago Blackhawks opted not to tender him a qualifying offer and made him a free agent. Strome has 11 goals and 25 assists in 36 games this season and ranks third on Washington’s roster with 14 power-play points.

The Mississauga, Ontario, native who played his junior hockey alongside Connor McDavid with the Erie Otters has 206 points in 325 regular-season NHL games with the Arizona Coyotes, Blackhawks and Capitals.

Golden Knights captain Mark Stone undergoes back surgery

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LAS VEGAS — Vegas Golden Knights captain Mark Stone is out indefinitely after undergoing back surgery in Denver, the club announced.

The Knights termed the procedure as successful and that Stone “is expected to make a full recovery.”

This is the second time in less than a year that Stone has had back surgery. He also had a procedure May 19, 2022, and Stone said in December this was the best he had felt in some time.

But he was injured Jan. 12 against the Florida Panthers, and his absence has had a noticeable effect on the Knights. They have gone 1-5-2 without Stone, dropping out of first place in the Pacific Division into third.

Stone is second on the team in goals with 17 and in points with 38.