Stop us if you’ve heard this before: Mike Hoffman has been traded.
Hours after going from the Ottawa Senators to the San Jose Sharks, Hoffman found himself on the move, again, as the Sharks flipped him to the Florida Panthers along with a seventh-round pick in 2018. In return, the Panthers gave up second-rounder in 2019, a fourth and fifth-round pick in 2018.
Obviously, we know what the Panthers are getting in Hoffman. He’s scored at least 22 goals in each of his last four seasons, but he comes with some baggage. Hoffman’s fiancee, Monika Caryk, had an order of protection filed against her by Erik Karlsson‘s wife, Melinda, last month.The Hoffmans have since denied those allegations, but it made for a messy situation in Ottawa.
The Sens were motivated to unload Hoffman as soon as possible, but they obviously took an inferior deal to make sure he didn’t stay in the Atlantic Division. Unfortunately for the Senators, the Sharks seemed to have pulled a fast one on them.
You’re probably wondering why San Jose would acquire the 28-year-old from Ottawa just to ship him away hours later. Well, they managed to dump underachieving forward Mikkel Boedker‘s $4 million salary to Ottawa in the first trade and now they’ve sent Hoffman’s $5.187 million salary to Florida for draft picks.
“This series of trades has allowed us to accomplish several organizational goals,” Sharks GM Doug Wilson said. “We have witnessed some tremendous growth in our younger forwards over the past season and we feel that we have another group of players that are ready to challenge for additional ice time, including Kevin Labanc, Marcus Sorensen, Dylan Gambrell, Max Letunov, Rudolphs Balcers, Antti Suomela, Vincent Praplan and Lukas Radil. These transactions have also allowed us to add to our pool of draft selections, as well as free up a substantial amount of cap space for internal and external player options in the coming months.”
The Sharks have been linked to both John Tavares and Ilya Kovalchuk, so you’d have to imagine that this extra cap space they’ve created will go towards trying to sign one or both of those players.
The salary cap is expected to jump to anywhere between $78 million and $82 million. If we split the difference and project ahead to a cap of $80 million, that would leave the Sharks with $16.5 million. They still have to re-sign RFAs Tomas Hertl and Chris Tierney, so it’s more realistic to assume that they would only be able to afford one of Kovalchuk or Tavares. But if today’s trades have taught us anything, it’s that anything is possible when it comes to hockey transactions.