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Long-term extension would make sense for Coyotes, Ekman-Larsson

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The Arizona Coyotes and Oliver Ekman-Larsson are in talks about a possible eight-year contract extension that would carry a cap hit of a bit more than $8 million per season, according to Craig Morgan of ArizonaSports.com.

Do note that, whether a deal is actually close to be agreed upon or the situation is fluid, an extension wouldn’t become official until July, when “OEL” is first eligible for such a contract. (He’ll enter the final year of his current deal in 2018-19).

So, things could fall apart between now and then.

Still, such an extension could make a lot of sense for both the Swedish defenseman and the fledgling Coyotes. Let’s dive in under the assumption that an eight-year deal would cost (slightly?) more than $64M, which is essentially the extension Brent Burns signed with the San Jose Sharks in November 2016.

Peace of mind (and maybe some control?) for OEL

Ekman-Larsson (26, turning 27 on July 17) is currently on a deal with a $5.5M cap hit and $7M salary heading into 2018-19. OEL’s contract lacks a no-trade or no-movement clause, so if negotiations fell through, he could find himself in a less-than-desirable situation as a “rental.”

By signing a deal in that Burns range, he’d carry one of the biggest cap hits of any NHL defenseman, at least as of this writing (trailing P.K. Subban, but slightly more than Burns, Shea Weber, and Aaron Ekblad). Of course, as of this writing is the key phrase, but we’ll get to that in the Coyotes’ section.

OEL opting to sign that contract brings plenty of benefits:

  • Not needing to answer a bunch of questions about his contract year.
  • Avoiding the risk of an injury derailing/lowering his prospects of getting a new deal. Eight years is the maximum term, so OEL would land the most security possible, covering the next nine years of his career.
  • Speaking of years, the Coyotes are the only team that could sign him for eight. This could be advantageous for Ekman-Larsson even if things actually turned sour with Arizona, especially if he …
  • Possibly gets a no-trade or no-movement clause, gaining more say in his future, even if he loses the ultimate freedom of exploring the free agent market.

Yes, there’s a lot to like from OEL’s standpoint. So, what about the Coyotes?

Getting ahead of the gold rush for defensemen

Now, it’s worth noting that some key moments for soon-to-be-richer defensemen could happen in late June by way of trades at or around the 2018 NHL Draft on June 22. For all we know, Erik Karlsson could be traded from Ottawa, possibly accelerating his own schedule to sign an extension.

Karlsson and Ekman-Larsson are far from the only prominent defensemen who will enter 2018-19 as contract years (assuming they don’t sign extensions themselves). Karlsson and Drew Doughty aren’t shy about possibly driving up their own prices, maybe together. Ryan McDonagh isn’t setting the world on fire with the Lightning, but the market could still send piles of money his way consider the demand for defensemen and the scant supply of capable ones. Ryan Ellis is another defenseman worth watching if he rides things out with Nashville next season.

From OEL’s perspective, he’d avoid the threat of a potential buyers’ market. The Coyotes, on the other hand, might look at the very real potential for Doughty and Karlsson to command deals at or above Jack Eichel‘s extension, thus making $8M a reasonable, risk-reducing price.

Question of worth

Now, it’s fair to wonder if OEL would actually be worth $8M per season. Ekman-Larsson’s mostly been a strong possession player on a bad team, and his 85 goals since 2013-14 ranks second among defensemen. Still, he’s only passed the 50-point plateau once (2015-16), so he hasn’t necessarily had that “huge” year one might demand from a player seeking that big payday. (None of this is to say that he isn’t very good; instead, it’s just a reminder that big cash inspires big-time nitpicking.)

It’s tough to imagine him not being worth it for the Coyotes, though, so the debate feels a bit moot. Perhaps they’d be on firmer ground to grind something out if they won the draft lottery, but the fifth pick likely means adding another nice piece rather than a revolutionary one as Rasmus Dahlin is hyped to possibly be.

The Coyotes showed that they wanted to make the next step by trading for Derek Stepan, Antti Raanta, and Niklas Hjalmarsson last summer. While the results weren’t quite what they hoped for in 2017-18, would they really want to take a step back by letting their best defenseman/player* go after next season?

Yes, with just about any big extension or contract, there are risks to consider, especially in a sport where a career-derailing injury could always be one hard collision away. It’s also plausible that Ekman-Larsson might buckle under the pressure of such a contract. Being labeled an “albatross” can really mess with an athlete’s head, even if they don’t get the reference.

All things considered, if the Coyotes and OEL agree to a deal along the lines of what Morgan reports, it would probably rank as an “everyone wins” situation.

Bonus points if Ekman-Larsson can actually, you know, help the Coyotes start winning.

* – Hey, for all we know, Clayton Keller could become “The Guy” in Arizona by next season.

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James O’Brien is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @cyclelikesedins.

Vegas faces offseason moves to get under salary cap

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LAS VEGAS (AP) — The Vegas Golden Knights answered one offseason question when they signed William Karlsson to an eight-year contract.

Now they have to get under the salary cap before the start of next season.

Per Capfriendly.com, the Golden Knights’ projected cap hit is currently $89,024,999. The NHL recently announced next year’s limit will be $81.5 million, up $2 million from last season. That means the team needs to shave a little more than $7.5 million to clear the cap.

”It can get cumbersome for some teams in the middle of the summer, but typically it doesn’t matter once you get to the season,” Golden Knights president George McPhee said before the start of the team’s development camp on Tuesday. ”The plan was to build a team the best we could. Every once in a while, you get tight on the cap in this business. We’re there now, we’ll manage it and we will hopefully be in a much better place going forward with lots of cap space if we ever need it.”

McPhee said he tendered qualifying offers to each of the team’s restricted free agents, and now it’s a wait-and-see approach. He added he isn’t worried about the lingering David Clarkson contract, and ”really isn’t the issue that people think it is because you can just replace that salary at the right time.”

The Golden Knights agreed to take on Clarkson’s contract from Columbus, which parted with a first- and second-round pick in exchange, while negotiating for Vegas to pick Karlsson in the 2017 expansion draft. But Clarkson’s NHL career is likely over due to a chronically injured back, and the Golden Knights will create some cap space when he goes on injured reserve.

Brandon Pirri, Ryan Carpenter, Pierre-Edouard Bellemare and Deryk Engelland are eligible for unrestricted free agency. Young forwards Pirri and Carpenter may no longer fit in Vegas’ scheme with Alex Tuch signed through the 2025-26 season, and Erik Haula expected back after missing much of last season with a knee injury. Bellemare and Engelland have expressed interest in staying in Las Vegas, but could be headed elsewhere.

Then there is forward Cody Eakin and defenseman Colin Miller, who have garnered plenty of attention from other teams.

Eakin, who is coming off a career season, is due to make $3.85 million next year, while Miller, who struggled toward the end of last season, is due $3,875,000.

”We are going to have to make a few moves,” McPhee said. ”We’ve planned for that; we are going through that exercise right now. When we’re done, we’ll talk about it and explain it.”

More AP NHL: https://apnews.com/tag/NHL and https://twitter.com/AP-Sports

Karlsson among those choosing to stay put, avoid free agency

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Erik Karlsson wanted some time and space.

When the San Jose Sharks acquired the Norris Trophy-winning defenseman in a trade last September, he and his wife told them up front they wouldn’t sign a long-term contract until they played a season to see if it was a fit. They gave general manager Doug Wilson their word they would make a decision in enough time let the Sharks plan their offseason.

Karlsson signed two weeks before free agency opened.

”They were letting me play hockey and getting adjusted to everything, and that meant the world to me,” Karlsson said after signing for $92 million over eight years . ”I’m very happy with how everything happened and that they didn’t force me into making a decision earlier than this.”

Karlsson is one of several players who might have landed richer contracts via free agency and opted instead to re-sign with their teams. For Karlsson, Philadelphia’s Kevin Hayes, Vancouver’s Alex Edler, Buffalo’s Jeff Skinner, Washington’s Carl Hagelin and Tampa Bay’s Braydon Coburn, staying put won out over the risk of the open market.

”You never know what’s going to be out there if you go to free agency,” Edler said. ”There’s a lot of factors coming up here in the next few years with the potential lockout (and) there’s an expansion draft (for Seattle).”

A lower than expected salary cap set at $81.5 million also means there will be less money available all around July 1.

Of course, it’s not like most of these deals were hometown discounts. Karlsson got the richest salary for a defenseman in NHL history, Hayes signed for $50 million and Skinner turned a career year into $72 million . No matter the cap, the possibility existed that free agent frenzy could land them bigger deals.

They just didn’t want to find out.

”Going to July 1 is nice, (but) it’s kind of nice to be able to get it over with and sign with a tremendous team,” Hayes said. ”July 1 and unrestricted free agency is definitely an intriguing idea. But when I sat down with my agent and we kind of thought about what type of team I’d want to go and where I’d fit into the organization and the team, the Flyers were at the top of the list.”

The Flyers acquired the rights to Hayes from Winnipeg in early June and had to sell him on the benefits of playing in Philly. Elsewhere, familiarity helped. Just as Karlsson and wife Melinda got to know the Bay Area and Sharks organization over nine months, Skinner’s 40-goal season in Buffalo convinced him to stay.

”Going through the process, you think about everything, you weigh the pros and cons,” Skinner said. ”We just didn’t feel the need to get to that point because I like it here and I didn’t feel like it needed to get to that point where I wanted to look elsewhere.”

Coburn, who took a pay cut to sign a $3.4 million, two-year contract , said Tampa feeling like home off the ice and ”unfinished business” on the ice made staying his family’s top choice. After finishing 21 points ahead of the rest of the league and getting swept in the first round of the playoffs, the Lightning are the early favorites to win the Stanley Cup next season.

”We have an unbelievable team here and I want to be a part of it,” Coburn said.

Hagelin feels the same way about the Capitals after playing only 27 regular-season and playoff games with them since late February. The 30-year-old feared Washington’s salary-cap squeeze might impede him from sticking around but was willing to take a lower salary than he could’ve gotten on the open market to get an $11 million, four-year deal with a team he believes can win a championship in that time like it did in 2018.

”I wouldn’t have signed with Washington if I didn’t believe there’s still a good chance to win the Stanley Cup,” Hagelin said.

Edler last played a playoff game in 2014 and the Canucks are in the midst of a rebuild. Combine that with him being 33 and it might have been easy to understand Edler wanting to test the market. Instead, he had no wanderlust and agreed to a $12 million, two-year deal after 13 seasons with the Canucks.

”I’ve said from the beginning that if a deal was available with Vancouver, that was my No. 1 priority,” Edler said.

Wilson, the Sharks GM, traded for Karlsson and now locked down an elite offensive defenseman for the rest of his prime. Wilson related to their situation because his wife is from Chicago, where he played his entire career, and took the chance that the Karlssons would enjoy San Jose enough to want to stay.

”We trusted in that process,” Wilson said.

More AP NHL: https://apnews.com/NHL and https://twitter.com/AP-Sports

Devils introduce Jack Hughes to New Jersey after big week

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NEWARK, N.J. (AP) — The Devils introduced No. 1 overall pick Jack Hughes to New Jersey on Tuesday – even though he is already sharing the spotlight.

The Devils have given notice they might be re-emerging as a contender with an encouraging draft and the stunning acquisition of six-time All-Star defenseman P.K. Subban. It has all gone a long way in turning pessimism into optimism for a team that finished with the league’s third-worst record and out of the playoffs for the sixth time in seven years.

”Adding a talent like Jack Hughes on Friday night and Saturday, P.K. Subban, obviously I think the Devils are back in business,” general manager Ray Shero said.

It started with winning the draft lottery in early April to the selection of Hughes, a center, with the top pick Friday to the trade for Subban, who immediately steps into the role as New Jersey’s top defenseman.

With 2017-18 MVP Taylor Hall expected to return to form after an injury-marred campaign, 2017 No. 1 pick Nico Hischier continuing his development and leading scorer Kyle Palmieri playing his best hockey, the Devils have a shot to do something in a league where the St. Louis Blues come out of nowhere to win the Stanley Cup.

Devils majority owner Josh Harris can’t wait to the season to start, adding Devils’ fans are used to winning Stanley Cups – the last was in 2003 – and now is the time to start doing it again.

”Jack joining the franchise represents another turn in our goal to be elite,” Harris said at a news conference for Hughes at the Prudential Center. ”We said that we’re here not to do anything other than consistently compete and ultimately win the Stanley Cup.”

With parents Jim and Ellen sitting in the front row, the 18-year-old Hughes was soft spoken, confident and composed speaking on a stage that included Harris and Shero.

The Florida-born Hughes said he had no doubt he would be playing next season in the NHL for the Devils and he hopes to play a creative game.

It is just what the talent-starved Devils need. The past week was a major step in Shero’s rebuilding plan over the past four years. It started soon after he was hired with the trades for Hall and Palmieri, the draft of Hischier, another center, and now the selection of Hughes and the trade with Nashville for Subban and his $9 million cap hit for each of the next three seasons.

Hughes hasn’t stopped going since the draft. He returned to New Jersey with Shero, Harris and his parents on a private jet and spent the next few days making media appearances. He attended the New York Yankees game against Toronto on Monday night, sitting for 30 minutes with Hall of Famer Reggie Jackson and actor Adam Sandler.

He is eager now to return to suburban Toronto, where he grew up, and begin preparations for an 82-game season against men, and being a part of a team.

”I want to be Jack Hughes, not Patrick Kane or Matt Barzal,” Hughes said. ”I want to have my own flavor, my own excitement to my game.”

The 170-pound playmaking center mixed poise, drive, and sheer skating ability to score 74 goals and 154 assists in 110 games with the USA Hockey National Team Development Program.

It will be interesting to see what he does with the Devils. Hischier had 20 goals and 32 assists as a rookie.

Hughes doesn’t see himself as competing with Hischier for the job as the top-line center.

”I think to win you have to have 1A and 1B,” said Hughes, who will wear No. 86 with the Devils. ”No team wins with just one really good center. Travis Zajac has been a really good center for a long time and I think the Devils are in a really good spot. In the NHL, I feel whoever I play with will be a really good player.”

Coach John Hynes is looking forward to using all his new talent.

”It’s exciting,” Hynes said. ”It’s what you want. You want guys to come in and give you a chance to win and coach some excellent players.”

And who is to say the Devils are done? They still have $25 million available in cap space.

”I feel with the pieces we have at this moment, we are a much better team than we were on Thursday,” goaltender Cory Schneider said. ”That’s encouraging.”

More AP NHL: https://apnews.com/NHL and https://twitter.com/AP-Sports

PHT Morning Skate: Hughes picks No. 86; Gritty surprises fan

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Welcome to the PHT Morning Skate, a collection of links from around the hockey world. Have a link you want to submit? Email us at phtblog@nbcsports.com.

• Why did the Avs trade Carl Soderberg? (Mile High Hockey)

• Breadman will get dough wherever he ends up. (Postmedia)

• Jack Hughes to wear “flashy” No. 86. (ESPN)

• The Winnipeg Jets face cap challenges this summer. (Sportsnet)

• Breaking the free agent goalie market. (TSN.ca)

• One Toronto draft pick once trick-or-treated at Mike Babcock’s house. (Sportsnet)

• First-round pick says sister is better than him. (CBC.ca)

• Jarome Iginla atop the list of Hall of Fame candidates for 2020. (TSN.ca)

• The NHL’s secret spending cap: How a shift in escrow acts as a hidden force that discourages spending. (The Athletic)

• How the United States Hockey League prepared Ronnie Attard for the big time. (USA Hockey)

• A seven-year-old hockey fan wanted a prosthetic leg that repped his favorite team, and Gritty was happy to surprise him. (CNN)

• A list of the five frontrunners to sign Matt Duchene. (The Hockey News)

Scott Billeck is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @scottbilleck.