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Carlson signing is first domino to fall in NHL free agency

2018 NHL Stanley Cup Final - Game Four

WASHINGTON, DC - JUNE 04: John Carlson #74 of the Washington Capitals celebrates his second-period goal against the Vegas Golden Knights in Game Four of the 2018 NHL Stanley Cup Final at Capital One Arena on June 4, 2018 in Washington, DC. (Photo by Gregory Shamus/Getty Images)

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The first big free agent re-signing with his own team is just the beginning of the frenzy that’s to come around the NHL.

Defenseman John Carlson signed a $64 million, eight-year deal with the Stanley Cup-champion Washington Capitals. His agent and the representatives for other pending unrestricted free agents were able to start talking to any interested teams on Sunday at the beginning of the negotiating window that precedes the opening of the market July 1.

Serious talks between New York Islanders center John Tavares and five suitors begin Monday in what should be the next step in shaking out signings and trades.

''There’s going to be a lot happening,’' Chicago Blackhawks general manager Stan Bowman said Saturday in Dallas. ''Things have sort of been at a standstill around the league, but I think with the free agent market being opened up to be able to have discussions with the agents, that will help, as well. Once you talk, you have an idea that you’re going to be able to get a free agent or if you won’t, then it might sort of move some teams to start looking at potential trades.’'
[John Carlson gets $64M payday as Capitals lock up defenseman]

Only a handful of current NHL players were traded over the weekend at the draft: four in a swap between Carolina and Calgary and Washington sending two to Colorado to clear salary-cap space to re-sign Carlson. Montreal could still try to trade captain Max Pacioretty this week, and Hurricanes GM Don Waddell wants to make a move for a goaltender and said there’s a lot of interest in winger Jeff Skinner.

''We have a lot of other possibilities, pieces to move around,’' Waddell said.

With Tavares headlining this free agent class, the possibilities are endless.

His decision - reportedly among the Sharks, Maple Leafs, Stars, incumbent Islanders and perhaps one other team - could set up the rest of the market. Paul Stastny is the next-best free agent center available followed by the likes of Tyler Bozak, Derek Ryan and Tomas Plekanec, and teams that don’t land one of them could turn to Buffalo’s Ryan O’Reilly, who may be a better candidate to be traded July 2 after the Sabres pay him a $7.5 million bonus.

The Sharks are worth watching this week after they shed Mikkel Boedker’s $4 million salary to clear cap space and watched as Ilya Kovalchuk signed with Los Angeles on a three-year, $18.75 million deal. After saying San Jose will spend much of its space to re-sign players, GM Doug Wilson acknowledged there will still be plenty of room to add the difference-maker he’s looking for.

Asked if he thinks he’ll be able to land that difference-maker by the afternoon of July 1, Wilson smirked and said: ''The fifth is my birthday. Ask me then.’'

By July 5, most of the hockey community will be preparing for vacation. The real fun comes over the next week.

Toronto’s James van Riemsdyk, Vegas’ James Neal and David Perron, Boston’s Rick Nash, Columbus’ Thomas Vanek and New Jersey’s Patrick Maroon are among the wingers available. Carlson staying with Washington leaves Detroit’s Mike Green, Dallas’ Dan Hamhuis and Columbus’ Ian Cole at the top of the list of defensemen available.

''There are some free agents out there that we like,’' said Rangers GM Jeff Gorton, whose team shifted toward a rebuild this past season. ''We’re in a pretty good spot to talk to as many free agents that we can that we like and we’ll go forward that way.’'

Unlike New York, which had been in win-now mode for a while, the expansion Golden Knights were supposed to be building slowly toward becoming a perennial playoff contender. After reaching the Cup final in their first season, they could use an overflowing amount of cap space this offseason - though GM George McPhee doesn’t want to overpromise and under-deliver.

''You just never know with these things and whether we’ll do anything at all or do something,’' McPhee said. ''You’re sort of venturing into an area where there’s all kinds of things going on and you don’t know how it’s going to go. There’s no urgency for us to do anything. We like the team we have, we like the model we have. If we can make it better by doing something that makes sense, then we’ll do it.’'