House Money: How Golden Knights were built

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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.

[How the Capitals were built]

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.

Anyway, stockpiling defensemen and futures was a huge part of the gameplan. At the time, it seemed like any bit of first-season success would be the gravy. Instead, a nice first entry draft (despite bad draft lottery luck) and a bucket of picks ended up being the cherry on top of this beyond-Cinderella run.

Fleury and other established players

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.

[What Vegas success says about NHL]

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).

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.

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.

2018 STANLEY CUP FINAL PREVIEW:
• Who has the better forwards?
• Who has better defense?
• How Washington was built

MORE:
• NBC’s Stanley Cup Playoff Hub
• Stanley Cup Final Schedule

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.

LaDue’s third-period goal helps Kings edge Blues

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The Los Angeles Kings will head into the NHL All-Star break and their bye week on a winning note following a 4-3 come-from-behind victory against the St. Louis Blues Monday.

Paul LaDue, who hadn’t played for the Kings since Dec. 29, scored 9:53 into the third period to snap a 3-3 tie and give the LA the lead — a lead they would not relinquish.

The Blues entered the game on a positive swing after grabbing points in six of their previous seven games. Goaltender Jordan Binnington has been a difference-maker (4-0-1, .954 SV%, 1.19 GAA) since taking the No. 1 reins from Jake Allen. 

It was a good start for St. Louis as Mackenzie MacEachern tallied his first NHL goal late in the opening period and Oskar Sundqvist followed up 8:18 later to give the Blues a 2-0 lead.

The good times were short-lived for the Blues as Tyler Toffoli got LA on the board 15 seconds after Sundqvist’s goal and the Kings used the second period to flip the script. Goals from Anze Kopitar and Drew Doughty changed the scoreline to the home teams’ favor. But while they were on good behavior for most of the game, a Dion Phaneuf cross-check opened the door and gave Ryan O’Reilly the room to fire home the tying goal on the ensuing power play.

The loss was the sixth time this season that a 2-0 lead for St. Louis ended up as a defeat.

Birthday boy Jonathan Quick made 33 saves to earn his 302nd career victory, which moves him past Mike Richter and into fourth place on the NHL’s list of most wins by a U.S. born goaltender.

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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.

Oilers bet on Koskinen with three-year extension

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The Edmonton Oilers have apparently made a decision on their goaltending for the next three years. On Monday, the team announced that they’ve extended Mikko Koskinen for three years with total salary of $13.5M.

“We are excited to have signed Mikko to a three-year contract extension through the 2022 season,” said Oilers general manager Peter Chiarelli. “Mikko has a lot of experience as a number one goalie and has performed well both internationally and for our club.”

That $4.5M salary cap hit means that Cam Talbot, who is set to become an unrestricted free agent this summer, will likely be moving on after the season. Koskinen has a .918 even strength save percentage in 27 games this season after spending the last seven seasons in the KHL and Finland.

Per Sportsnet’s Chris Johnston, Koskinen will make $5.2M next season, $3.3M with a $500,000 signing bonus in 2020-2021, and $4.5M in 2021-22.

Where did this extension come from? Koskinen’s recent numbers haven’t been strong (.906 ESSV% since Jan. 1) and it’s not like there was going to be a strong market for a soon-to-be 31-year-old goaltender with mediocre numbers come free agency in July. The worst part of this for the Oilers is that there is a very good chance Chiarelli isn’t in his job come October, so the next general manager of the team will inherit this contract.

Was there a rush to lock up a starter for next season and beyond for the Oilers? Was Chiarelli thinking Koskinen’s price would rocket up if he played well over the final three months of the regular season? What is Talbot’s status as the Feb. 25 trade deadline approaches? Is he now, along with forward Jesse Puljujarvi, a piece of trait bait to shore up one of their numerous holes?

The Oilers are only three points out of a Western Conference wild card spot, and with jobs on the line, as well as the pressure of season ticket renewals approaching, there’s a full-on playoff push by the organization and an attempt to set up their future in a positive way. But given the previous decisions of the current regime, don’t bet on it.

MORE: Oilers shuffle more deck chairs, waive Spooner and Rattie

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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.

PHT Power Rankings: Don’t sleep on the Blue Jackets

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It can be really easy to sometimes forget about, or even completely overlook, the Columbus Blue Jackets.

Historically, they are still a franchise that has yet to get out of the first-round of the playoffs. They have been constantly stuck in the shadows behind perpetual Stanley Cup contenders (and Stanley Cup winners) like the Pittsburgh Penguins and Washington Capitals in the standings, and unable to knock them off their thrones when it comes to the postseason.

This season they not only have to deal with those two teams that have won each of the past three Stanley Cups, but the New York Islanders have also emerged as the story in the Eastern Conference.

So again, it is easy for them to kind of get … lost.

But the Blue Jackets are good. They are really good, and they are a team that you should be paying attention to as we head into the second half of the 2018-19 season.

How good are they? For starters, they are a top-10 team in the league standings as of Monday. They have an exciting game-breaker at forward in Artemi Panarin, and they have one of the best all-around defenders in the league in Seth Jones who continues to get better every single season. Along with them, second-year player Pierre-Luc Dubois is developing into a legit top-line center, while Cam Atkinson is the best goal-scorer in the league that nobody ever talks about (14th in the league since the start of the 2015-16 season). Their underlying numbers are strong. They are a good possession team, they typically win the scoring chance battle, and they are really good on the penalty kill.

What makes them such an intriguing team is that they have maintained such a high spot in the standings and are still right in the thick of the Metropolitan Division race despite getting some of the worst goaltending in the league this season.

At least as far as potential playoff teams go.

Sergei Bobrovsky‘s play has dropped significantly from where it has been in previous seasons, and while Joonas Korpisalo is a decent backup he’s probably not going to be backstopping a team to a title.

Overall, the Bobrovsky-Korpisalo duo has managed only a .900 save percentage for the season. That is 20th in the NHL. The only teams currently occupying a playoff position that are worse than them are the Colorado Avalanche and San Jose Sharks. When it comes to even-strength play, they drop down to 24th where Sharks are the only team in a playoff spot with a worse mark. Typically teams that get this level of goaltending don’t end up winning many games. The fact the Blue Jackets are, and winning as regularly as they are, is a testament to how strong the team in front of their goaltenders can be.

Long-term this team has some question marks, specifically as it relates to Bobrovsky and Panarin who are both eligible for unrestricted free agency after this season. Losing one or both could be pretty damaging, especially with Panarin because it is going to be extremely difficult to replace his production. But in the short-term, this is a really good hockey team that is decent goaltending away from being a true contender in the Eastern Conference. Especially as the two teams that have stood in their way the longest have seemingly taken a step back this season.

The only question is whether or not they can actually get that goaltending this season, and if it is going to come from Bobrovsky or from somebody that is currently outside of the organization.

The Elites

1. Tampa Bay Lightning — Still in a class all to themselves. The pressure to win it all is going to be immense this season.

2. Calgary Flames — An absolutely incredible one-year turnaround. In any other year Bill Peters would probably be a lock for the Jack Adams Award, but he is probably already stuck in second place behind Barry Trotz.

3. San Jose Sharks — It’s not usually a good sign when two of your top-three scorers are defenders. But when those two defenders have combined to win three Norris Trophies (and be finalists three other times) and are both point-per-game players, you can win with it. Erik Karlsson and Brent Burns are giving the Sharks just what they expected this season. Unfortunately for the Sharks Karlsson is going to be shut down for a couple of games.

The second tier

4. New York Islanders — They have won 15 of their past 18 games and enter the week with a three-point cushion over every other team in the Metropolitan Division. If they win it Barry Trotz will probably be a unanimous coach of the year winner.

5. Winnipeg Jets — They haven’t always looked great in recent weeks, but they keep scoring a lot of goals and piling up a lot wins.

6. Vegas Golden Knights — Alex Tuch has been the big breakout player for the Golden Knights this season, and now that they have a healthy Max Pacioretty and Paul Stastny there is an argument to be made they are even deeper than last year’s team.

7. Columbus Blue Jackets — Imagine how good they would be this season with decent goaltending.

The Other Contenders

8. Nashville Predators — They’ve slumped a bit recently, but I am still not worried. The types of peaks and valleys that every team faces over an 82-game season.

9. Toronto Maple Leafs — They have lost seven out of 10 and some of their big-money players, specifically William Nylander, are not scoring like they are expected to. Surely this will all result in a calm, rational response in Toronto

10. Washington Capitals — A five-game losing streak is almost unheard of for the Capitals. They gave up at least seven goals in two of those games during the current losing streak.

11. Boston Bruins — You have to think there is going to be a trade for some more forward help. Their top three forwards are incredible. They do not have much help.

12. Pittsburgh Penguins — They were on a roll and looking like a Stanley Cup contender until they went on this most recent Western Conference road trip where they reverted back to their early season ways. The bye week and All-Star break is coming at the absolute perfect time for them.

13. Montreal Canadiens –Carey Price is the X-factor for this team. He has a .951 save percentage so far in January and a .930 mark since the start of December.

The Bubble Teams

14. Carolina Hurricanes — They are not going away quietly and really trying to make a run at a playoff spot. Nino Niederreiter was an outstanding pickup that will help not only this season, but in the future as well.

15. Minnesota Wild — They still have the inside track for a playoff spot at the moment, but the status of defenseman Matt Dumba and swapping Niederreiter for Victor Rask is not a promising development for their roster.

[Related: Dumba’s anger led to indefinite stint on sidelines]

16. Vancouver Canucks — They are definitely benefitting from the bottom half of the Western Conference being completely mediocre, but they are still exceeding expectations in a big way. Will Elias Pettersson and Brock Boeser be enough to drag them to the playoffs? That is a big ask, but they are at least an interesting team because of them.

17. Buffalo Sabres — With Jack Eichel continuing to develop into a star, Jeff Skinner erupting offensively, and the team winning 17 of its first 25 games it seemed like the playoffs were a given. Not so much now.

18. Colorado Avalanche — The more this season goes on the more it seems that this is a completely ordinary team that just so happens to have one truly dominant line up front. They are just 5-11-3 in their past 19 games.

19. St. Louis Blues — Somehow they are still very much in the Western Conference wild card race, and at the moment are probably playing better than any of the teams around them. Unfortunately that terrible start to the season may make this a case of too little, too late.

20. Arizona Coyotes — Not only are they are 8-4-2 in their past 14 games, but they are doing it with a roster that has been held together with duct tape and playing really well against some of the league’s best teams.

21. Dallas Stars — Just when they started to show some signs of getting it together, they dropped four in a row this past week. Hopefully the bye week is an opportunity for them to recharge and put the first half drama behind them.

The Lottery Teams

22. New York Rangers — After David Quinn ripped his team’s effort in a loss to the Columbus Blue Jackets they responded by winning three in a row. Not enough to make a dent in the deficit they are facing in the Wild Card race, but a nice response either way.

23. Anaheim Ducks — It is downright stunning that a team that lost 12 games in a row, 13 out of 15, and has a minus-29 goal differential on the season is still anywhere near a playoff spot. Have to imagine that is the season goes on they settle more into the lottery pack than the playoff pack.

24. Philadelphia Flyers — Positive signs for the Flyers include Carter Hart looking good in net and Nolan Patrick starting to heat up offensively. They could be difference-makers in the very near future.

25. Edmonton Oilers — Placing Ryan Spooner on waivers is just another reminder as to how bad the roster management of this team has been. What a waste.

[Related: Oilers shuffle more deck chairs, waive Spooner and Rattie]

26. Chicago Blackhawks — Patrick Kane is still scoring at an elite level, Jonathan Toews is having one of the best seasons of his career, and Alex DeBrincat and Dylan Strome are two young players that look to be emerging on cheap contracts. There are some positives here. The negatives are pretty much everything else.

27. Florida Panthers — With every loss coach Bob Boughner seems to call out his big-money players more and more. Can’t imagine that will be very impactful for very long.

28. Ottawa Senators — The Senators seem determined to get Matt Duchene re-signed, and that leads to a very big question: Why? As in, why would he want to re-sign there, and why are the Senators going to probably overpay a 29-year-old forward to be a part of a rebuilding team that is probably years away from being relevant again? The only logical answer here is that with the salary floor they have to pay someone.

29. New Jersey Devils — Without Taylor Hall in the lineup there just is not much here.

30. Los Angeles Kings — Their 7-1 loss to the Avalanche over the weekend was as ugly as it gets.

31. Detroit Red Wings — This will be the first time since the early 1980s that the Red Wings will have missed the playoffs three years in a row. Given the state of the roster and the current rebuild it’s worth wondering how many years this particular streak will continue.

Adam Gretz is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @AGretz.

WATCH LIVE: Blues visit Kings on NBCSN

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NBCSN’s coverage of the 2018-19 NHL season continues with Monday’s matchup between the St. Louis Blues and Los Angeles Kings. Coverage begins at 3 p.m. ET on NBCSN. You can watch the game online and on the NBC Sports app by clicking here.

After defeating the Penguins 5-2 in LA on Saturday, Jan. 12, the Kings hit the road for a three-game trip to Minnesota, Dallas and Colorado. The Kings lost to the Wild 3-2 after a shootout but then beat the Stars 2-1. They entered Saturday with a chance to make it a four-game point streak, but lost 7-1 to Colorado, allowing six goals in the second period.

Saturday’s 7-1 loss at the Avs was the team’s worst this season, as they lost the game by six goals (worst differential this season) and allowed seven goals, tied for the most allowed this season.

St. Louis last played on Saturday, beating the Senators 3-2 to earn their fourth victory in their last six games (4-1-1 record). They will face the Kings on Monday before playing the Ducks in Anaheim on Wednesday. Then, like the Kings, will have the All-Star Break and their bye week before playing next on Saturday, Feb. 2 at Columbus. The Blues next home game is Saturday, Feb. 9 vs. Nashville.

The NHL’s hottest player – David Perron – missed Saturday’s win over Ottawa with an upper-body injury. Head coach Craig Berube called Perron day-to-day, but said he would likely not make the trip to California.

Entering Saturday, Perron had a point in 13 straight games (6G-10A), the NHL’s longest active point streak. He has 17 goals this year (had 16 in 70 games w/ VGK last season) and has 19 points (9G-10A) in the last 18 games after recording 16 points (8G-8A) in his first 27 games of the season.

[WATCH LIVE – COVERAGE BEGINS AT 3 P.M. ET – NBCSN]

What: St. Louis Blues at Los Angeles Kings
Where: Staples Center
When: Monday, Jan. 21, 3 p.m. ET
TV: NBC
Live stream: You can watch the Blues-Kings stream on NBC Sports’ live stream page and the NBC Sports app.

PROJECTED LINEUPS

BLUES
Pat MaroonRyan O'ReillyVladimir Tarasenko
Jaden SchwartzBrayden SchennAlexander Steen
Samuel Blais – Oskar SundqvistJordan Kyrou
Mackenzie MacEachernIvan BarbashevJordan Nolan

Carl GunnarssonAlex Pietrangelo
Jay BouwmeesterColton Parayko
Vince DunnRobert Bortuzzo

Starting goalie: Jordan Binnington

KINGS
Ilya KovalchukAnze KopitarDustin Brown
Alex IafalloJeff CarterBrendan Leipsic
Carl HagelinAdrian KempeTyler Toffoli
Kyle CliffordNate ThompsonAustin Wagner

Derek ForbortDrew Doughty
Jake MuzzinAlec Martinez
Dion PhaneufPaul LaDue

Starting goalie: Jonathan Quick