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Canadiens have wasted Max Pacioretty

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Barring an unforeseen change in the coming weeks, it seems obvious that Max Pacioretty‘s time with the Montreal Canadiens is coming to an end. The organization has seemed hell-bent on trading him for months, his agent says there has been no contract offer as he enters the final year of his current deal, and earlier this week it was reported that he will not be negotiating a new contract once the 2018-19 season begins in an effort to avoid any additional distractions. The only reasonable conclusion that a reasonable person should reach given all of those circumstances is that Pacioretty’s remaining time with the team should be measured in months or weeks (if not days) as the team seems ready to embark on what could be another non-playoff season (this would be the third in four years).

Whenever and however his time with the Canadiens comes to an end, it will be a sad end to a sad story that has seen one of the NHL’s most prominent teams — even if in name only, and not actual results — waste and squander what should have been a franchise-changing gift from the gods.

Pacioretty isn’t a superstar on the level of a Crosby, Ovechkin, or McDavid; he’s not that kind of generational talent. But what he has been over the past seven years is one of the league’s top goal-scorers and a true front-line winger that has been playing on a laughably below market value contract. This is the type of gift that a smart team should have been able to exploit and capitalize on when it comes to building a contender. One of the most valuable commodities in a salary capped NHL is a young, front-line player on an entry-level contract because they are giving their team the most bang for the buck. You’re getting top-level production for a fraction of its true market cost which, in theory, should allow that team to load up elsewhere on the roster.

[UPDATE: Canadiens deal Pacioretty to Vegas]

Pacioretty hasn’t played on an entry-level deal since the 2010-11 season, but ever since then he has still given the Canadiens all-star level production at what has mostly been second-or third-line price in recent years.

At the conclusion of the 2010-11 season, Pacioretty, still relatively unproven, inked a two-year bridge deal that paid him $1.625 million per season. In the first year of that contract he offensive breakout with 33 goals, prompting them to sign him to a six-year, $27 million contract.

It has proven to be a disastrous deal for Pacioretty financially because he has outperformed it from the minute he put pen to paper. Meanwhile, it has been a financial godsend for the Canadiens when it comes to the production they have received for the price they are paying.

Pacioretty’s 206 goals since the start of the 2011-12 season are the ninth most in the NHL during that stretch (even with his down year this past season that saw him score just 17 goals in 64 games), and it is almost comical to look at how little he has been paid compared to the other top goal-scorers in the league during that stretch.

Here, we see the top-10 goal scorers over that stretch and how much they have made to this point.

Shortly after Pacioretty’s agent, Allen Walsh, took to Twitter a little more than a week ago to proclaim his client’s love of Montreal and desire to remain with the team, one of his former Montreal teammates, Lars Eller, also Tweeted his support for Pacioretty with a pretty accurate assessment of the situation.

Wrote Eller in two separate Tweets: “As a friend, I hope Max Pacioretty’s situation is resolved soon. He has shouldered one of the toughest jobs in hockey wearing the C for the CH, taking responsibility and blame for things beyond his control. At the same time being one of the top goal scorers in the game. He is as committed and cares as much as anyone I’ve ever played with. Any team would be lucky to have him.”

There is a lot of truth here, especially as it relates to the job of being the Canadiens’ captain and shouldering blame when things go wrong. If Pacioretty goes seven or eight games without scoring a goal it’s like the whole place goes insane and everything that is going wrong is his fault. But it is truly remarkable how much responsibility Pacioretty has had to take when it comes to carrying the Canadiens’ offense, and how much of it has run through him.

Here is an organization that has had — and this fact can not be stated enough times — one of the best goal scorers in the NHL playing for a fraction of what his peers at the top of the league are making, while also typically spending fairly close to the salary cap. This should have been a massive advantage when it comes to building a team around him. Despite that, the Canadiens never found a true No. 1 center to play alongside him. Outside of one year of Alexander Radulov, they never really managed to bring in another top-line offensive talent that could be a suitable running mate at the top of the lineup. They also developed a habit of trading skill for grit and toughness by shipping out the likes of P.K. Subban, Lars Eller, and most recently, Alex Galcheyuk.

The result has been a team that, independent of Pacioretty, has consistently been a dull, boring and — at best — mediocre offensive hockey team.

[Related: Expect huge year from Pacioretty no matter where he plays]

Take another look at that list of players up above. Eight of them (Ovechkin, Stamkos, Tavares, Seguin, Malkin, Benn, Kane, and Marchand) have played on teams that have been among the 10 highest scoring teams in the league since the start of the 2011-12 season, including all of the top-six.

Pavelski’s Sharks are 12th during that stretch.

Where do the Canadiens reside? In the bottom-10 at 21st.

It’s almost organizational malpractice to have an elite goal scorer, at that bargain price, and still manage to build such a bad offensive team around him while relying on him to do all of the heavy lifting. Since the start of the 2011-12 season Pacioretty has scored nearly 15 percent of the Canadiens’ goals (14.5 to be exact). Among the top-10 goal-scorers during that stretch only Ovechkin (19 percent) has scored a higher percentage of his team’s goals, while Tavares, Pavelski, and Stamkos are the only other ones in that group over 14 percent.

This stunning lack of offense around him has resulted in the Canadiens simply … not winning. Over the past seven years the Canadiens have won just three playoff series during Pacioretty’s peak years. The only top-10 goal-scorers during that stretch that have been a member of teams that have won fewer are Benn and Tavares.

Seven of them have played in at least one Stanley Cup Final during that stretch.

At this point it’s almost like picking at low-hanging fruit to continue being critical of the Canadiens’ current front office and its roster decisions. They have been bad. But as long as the tree keeps providing you the fruit, you almost have no choice but to keep picking at it. The way the Canadiens have treated — and squandered — Pacioretty’s career might be one of their biggest disappointments over the past decade.

They should have been able to do more for him. And they didn’t.

Related: Marc Bergevin’s tenure has slowly but surely made the Canadiens worse

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.

How Flames, Oilers might handle Lucic, Neal after big trade

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In the additional breakdown of the Milan LucicJames Neal trade, you might conclude that it’s basically a one-for-one deal, conditional draft pick aside. You can get an idea of how the two players are in remarkably similar places in their careers by reading the original breakdown.

Even their contracts look virtually the same … at least at first.

The players are close enough that it’s far from a guarantee that the Oilers will need to hand that third-rounder to their rivals in Calgary.

It’s only once you start digging deeper that you realize that, beyond James Neal being closer to his best days than Lucic, his contract is also a lot easier to deal with, for the most part. Once you start considering those factors, you might once again be surprised that the Oilers convinced the Flames to accept Lucic’s contract.

This was a case of two teams trading problems, and while both players have a decent chance to rebound to at least some extent, the true winner of this trade might be the team that can continue to clean up their messes.

To sort through the especially messy Lucic contract, you have to pull back your sleeves and get in the weeds. So, fair warning: this might make your brain melt a bit, but if you’re interested in what might happen next, these factors are important.

No movement, indeed

Lucic’s contract is an albatross deal for reasons that extend beyond Lucic not being worth $6M (and still not worth $5.25M) per year.

For one thing, while Lucic waived his no-movement clause to make this trade happen, it sounds like Lucic will retain his NMC … for some reason.

Frankly, if this is a matter of the Flames simply being nice, then they may rue such kindness in the future.

Most directly, if Lucic’s NMC is restored, then he might kabosh a trade down the line. Beyond that, there’s a scenario where the Flames might have to protect Lucic in an expansion draft, rather than someone more valuable. It’s possible that Lucic will return the Flames’ gesture by waiving his NMC in that situation (kind of like Marc-Andre Fleury doing the Penguins a solid in the Vegas expansion draft), yet the threat of complications can make you queasy.

Even if it works out, it all seems pretty messy to me. The other potential escape routes are messy for Calgary, too.

Easier to sell the deal than to buy it out

It’s been mentioned that the bonus-heavy structure of Lucic’s contract makes his deal almost “buyout proof.”

That’s pretty much true, as buying out Lucic would bring out marginal savings for the Flames, even if you move the buyout to a later year than the most immediate chance after next season.

Realistically, the most reasonable way Calgary might wiggle out of some of the tougher years of Lucic’s contract would be to find a team like the Senators: a franchise in place where they value contracts that don’t cost as much as their cap hits indicate. For example: the Flames could pay Lucic’s $3M bonus before 2020-21, then trade him to Ottawa, who would be credited with his $5.25M cap hit, even though they’d only be on the hook for the remaining $1M in base salary. That scenario would be even more appealing to a cost-conscious team in the last year of Lucic’s contract, so check Cap Friendly if you’re curious about other possibilities.

Unfortunately for Calgary, even if they found a buyer, they’d seemingly need to get Lucic to play ball. The veteran winger might not be so thrilled to go to a rebuilding team.

Ultimately, the Flames are taking a significant gamble that this Lucic situation will work out better than sticking with Neal. If not, people will point to Treliving taking on Lucic much like, well, Peter Chiarelli also gambling on the big winger.

*gulp*

Neal’s cleaner situation

Puck Pedia notes some potential twists and turns, but overall, the Oilers didn’t just get a player in closer proximity to his best times of production; Neal’s contract is, mostly, a lot easier to deal with. Even if it’s bad, too.

As you can see from Cap Friendly’s buyout calculator, a cap-strapped Oilers team could benefit from a buyout, including one as early as 2020:

Saving close to $4M for three seasons, even if it means tacking on almost $2M for the following two seasons, could easily make a lot of sense for the Oilers, if they determine that a Neal buyout is the right move.

In general, they have more control of the situation, as Neal’s contract lacks a no-movement or no-trade clause. That’s kind of tragic in a way, as Neal’s already bounced around the league like a pinball, but it’s nonetheless the case.

Granted, the one area where Lucic might be a more plausible trade clip is because there’s not really any smoke and mirrors with Neal’s contract. While Lucic’s bonus-soaked contract makes him difficult to buyout, his falling salary vs. cap hit appeals to certain rebuild scenarios. Neal, meanwhile, simply costs $5.75M each season.

Still, that lack of a no-movement clause reduces Edmonton’s odds of worst-case scenarios. For instance: the Oilers wouldn’t need to protect Neal in an expansion draft, which could open up moments of tragic comedy where Neal finds himself with a new team and an expansion franchise again.

Overall, a buyout seems most feasible, although there’s the outside chance that Neal rebounds to become a deadly sniper again alongside Connor McDavid and/or Ryan Nugent-Hopkins.

***

Every trade carries the tagline of “to be continued,” but this swap seems especially friendly to that caveat. Is the plan for the Flames, Oilers, or both of these teams to ultimately get rid of Neal and/or Lucic all along? If so, at what cost?

Maybe the play of Neal and Lucic will decide the “winner” of this trade, but most likely, it comes down to which team does the best job cleaning up the messes they’ve made.

Check out the original post for more on this trade, including a look at where Neal and Lucic are in their careers.

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.

Trade: Flames get Lucic; Oilers receive Neal

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Call it a “change of scenery,” or probably most directly, trading problems. Either way, Alberta rivals the Calgary Flames and Edmonton Oilers made a truly resounding trade on Friday, with the main takeaway being that Milan Lucic goes to the Flames, while James Neal is bound for Edmonton.

Yeah, wow.

Multiple reporters indicate that it’s close to one-for-one, although there are a few minor tweaks to consider.

The Calgary Herald’s Kristen Anderson reports that the Oilers are retaining 12.5 percent of Milan Lucic’s salary, which translates to $750K, while Edmonton is also sending Calgary a conditional third-round pick in 2020. It’s not clear yet what those conditions are.

If Anderson and others are correct, that means the trade boils down to:

Flames receive: Lucic, 31, minus $750K per year. That puts Lucic at $5.25M, with his contract running through 2022-23. Calgary also receives Edmonton’s 2020 third-round pick, if conditions are met.

Oilers receive: Neal, 31, who has a $5.75M cap hit that runs through 2022-23.

As you can see, the two players remain very similar in both cap hit, term, and even age. The Flames save $500K in cap space, while the Oilers add $500K, as Puck Pedia confirms.

Of course, when you’re talking about contracts teams largely want to get away from, it’s often about more than just cap hits. There are some significant ins and outs to that side of the discussion, including Lucic’s deal being essentially “buyout proof.” Neal, meanwhile, would be easier for the Oilers to buy out, if they decide to do that after an audition with the team.

On Saturday, PHT will try to wade through the variety of paths the two teams could take, whether it means sticking with Lucic and Neal respectively, or going for a buyout or trade. For now, let’s consider where they are in their careers.

Lucic’s tough times

After a productive first season in Edmonton where Lucic scored 23 goals and 50 points in 2016-17, Lucic plummeted down the depth chart and in production. This past season was rock bottom, as Lucic scored just six goals and 20 points in 79 games.

The bet on Lucic, some might say in part leading to the dreadful Taylor Hall trade, stands as one of the landmark gaffes of Peter Chiarelli’s Era of Error in Edmonton. It was clear that both the player and team needed to part ways, so now there’s at least peace in that regard.

A bumpy path for Neal, and brutal times in Calgary

Whether you like Neal – a player who absolutely goes over the line at times, when he loses his cool – or not, it’s tough not to feel for him after the last several years.

He was traded from the Stars to the Penguins in 2011, scapegoated a bit out of Pittsburgh on his way to Nashville in 2014, then scooped up by Vegas in the 2017 expansion draft, only to sign with the Flames (possibly in a relatively lukewarm free agent market) last summer. Now this trade sends Neal to Edmonton, making this the 31-year-old’s sixth NHL team, and his fourth in his past four seasons. Players as productive as Neal – aside from last season’s meltdown – rarely become journeymen like this.

Honestly, should we just get his nameplate ready for the Seattle [Unfortunately Not Supersonics] right now?

Despite that upheaval, Neal had been a guy who could score goals nonetheless. He peaked with 40 during his best days with Malkin in Pittsburgh (an 81-point output in 2011-12), but he sniped in multiple climates, generating 20+ goals in 10 consecutive seasons.

And then this Calgary season happened.

Neal never clicked with Johnny Gaudreau and Sean Monahan, as Elias Lindholm instead took that plum gig. Neal slipped lower and lower in the lineup, sometimes becoming a healthy scratch, and ended 2018-19 with Lucic-like numbers (though in fewer games), as Neal managed only seven goals and 19 points. He was also an all-around disaster, as you can see from RAPM charts via Evolving Hockey that argue that, in some ways, Lucic was actually better last season, as Lucic at least wasn’t as much of a defensive disaster as Neal. Faint praise, but still:

Better times ahead, maybe?

Again, it’s easy to forget that both wingers are 31.

That’s not a great age to be when your contract looks inflated, but there’s also a chance that maybe both could turn things around, at least to some degree. With Neal closer to more productive seasons than Lucic, he’d seem to be a more likely candidate, especially if his rifle of a shot pairs nicely with Connor McDavid‘s all-world playmaking.

But both players have a shot at positive regression. Neal’s five percent shooting percentage from 2018-19 marked the only time in his career that he’s been below 10.4 percent, while Lucic shot at 6.8 in 2017-18 and 8.1 in 2018-19, compared to his career average of 13.5 percent.

Modest rebounds wouldn’t guarantee that either Neal or Lucic sticks around in their new climates. Improvements might just make each forward easier to trade, and more palatable to keep around while looking for trades. There’s simply a lot of room for “to be continued” elements to this move, from buyouts to trades and more.

***

As discussed above, there could still be twists and turns in these sagas, and some of those possibilities will be examined on Saturday. Yet, at this moment in time, this seems like the rare trade win for the Oilers. Maybe this is the start of a positive pattern now that Ken Holland is GM?

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.

Trouba gets seven-year, $56 million deal from Rangers

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The New York Rangers have locked up Jacob Trouba with a seven-year, $56 million contract.

Trouba saw his restricted free agent rights acquired by the Rangers last month from the Winnipeg Jets in exchange for defenseman Neal Pionk and 2019 first-round pick (Ville Heinola). General manager Jeff Gorton added up front by bringing Artemi Panarin to Broadway on July 1, so you knew that they were going to eventually come to an agreement to keep the 25-year-old defenseman in the fold following the June trade as they bulk up for a run in 2019-20.

“They’re building a winner tends to be the vibe I’ve gotten,” said Trouba following the trade to New York. “They treat the players first class. It’s very first-class organization. I mean, it’s New York so you’ve got a big stage and they expect a lot out of their team. We want to ultimately get to the Stanley Cup.”

 

Earlier this month Trouba had elected salary arbitration and had a July 25 date scheduled. But that was merely a formality to allow extra time for both sides to hammer out a deal.

According to PuckPedia, $22 million will be paid to Trouba over the next three seasons via signing bonuses and he has a no-move clause from 2020-21 to 2023-24 and a limited no-trade clause in the final two years of the deal.

[ProHockeyTalk’s 2019 NHL free agency tracker]

The ninth overall pick in the 2012 NHL Draft, Trouba has spent the last six seasons with the Jets, playing 408 games and recording 42 goals and 179 points. In 2018-19 he set a career high with 50 points, making him the ninth defenseman 25 or younger to hit that mark in the past three seasons.

Gorton still has work to do this summer in deciding whether to re-sign RFAs Pavel Buchnevich (July 29 arbitration hearing), Brendan Lemieux and Tony DeAngelo, while working around the salary cap, which after this signing puts them over the ceiling. This could end up leading to a trade of Chris Kreider, who’s entering the final year of this deal carrying a $4.625 million cap hit but owed $4 million in salary for the coming season. They also have a 48-hour buyout window later this summer as well even if they settle with Buchnevich before his hearing.

MORE: Jets were never going to get enough for Trouba

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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.

Key defensemen enter contract years, possible free agency

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Despite being the most exciting offseason since PHT started in 2010, the NHL will probably always lag behind the NBA when it comes to stars moving in free agency.

Rudely, players like Sidney Crosby and Connor McDavid don’t even flirt with drama, instead sticking with their teams by signing extensions, often almost at the first possible moment they legally can. Again, rude.

So, it’s important to get that disclaimer out of the way. Chances are, the fascinatingly robust list of pending free agent defensemen will narrow down, possibly starting before the 2019-20 season begins.

But, even so, it’s quite the list, and a lot of these defensemen will earn enormous, team-changing raises, whenever their next deals get signed.

And, hey, sticking with your team can still alter its course. Just look at how scary that Drew Doughty extension ($11 million AAV through 2026-27) seems today compared to when Doughty re-upped with the Kings in July 2018.

Let’s consider some of the most intriguing names, split by UFA and RFA designations. Cap Friendly’s listings were helpful in putting this together, and being that these lists aren’t comprehensive, you may enjoy digging deeper there to find even more.

Prominent UFAs

Alex Pietrangelo (Blues), Roman Josi (Predators), Tyson Barrie (Maple Leafs), Torey Krug (Bruins), Jared Spurgeon (Wild, more on them here), Justin Faulk (Hurricanes), Jake Muzzin (Maple Leafs), Justin Schultz (Penguins), Christopher Tanev (Canucks), T.J. Brodie (Flames), Sami Vatanen (Devils), Travis Hamonic (Flames).

The headliners of this list – particularly Pietrangelo and Josi – must have licked their chops when Erik Karlsson signed that mammoth eight year, $92M ($11.5M AAV) contract with the Sharks. Pietrangelo and Josi don’t boast multiple Norris Trophies, yet they might also be healthier than Karlsson when he signed his deal, so there could be interesting value debates.

Either way, Roman Josi’s borderline-insulting $4M won’t cut it after 2019-20.

The marquee names are the most intriguing, yet there are interesting situations as you go down a rung and more. And those are the players who are arguably more likely to sign with new teams.

[ProHockeyTalk’s 2019 NHL free agency tracker]

Would Toronto be able to bring back even one of Barrie or Muzzin after next season? Are the Hurricanes destined to move on from Faulk, or would they instead keep Faulk and move someone else, like Dougie Hamilton? Players like Faulk, Schultz, and Vatanen could see their value shift in big ways depending upon how well or poorly they perform in 2019-20. Will P.K. Subban‘s arrival hurt Vatanen, or will the former Ducks defenseman thrive in a more relaxed role next season for New Jersey?

There are a lot of intriguing situations to watch there.

Notable RFAs

Josh Morrissey (Jets), Thomas Chabot (Senators), Samuel Girard (Avalanche), Mikhail Sergachev (Lightning), Ryan Pulock (Islanders), Darnell Nurse (Oilers), Brandon Montour (Sabres), etc.

These players don’t have the same leverage as they’re restricted, but it should still be interesting if there’s a ripple effect when the Jets have to pay Morrissey, and how strenuous negotiations could be between Chabot and the penny-pinching Senators. Tampa Bay’s really brought Sergachev along slowly, and you wonder if they’d be wise to try to extend him before a potential breakthrough?

***

Again, extensions will kill some of the wildest daydreams by crossing names off the list long before July 2020. Don’t assume your team will happen upon a Pietrangelo or Spurgeon.

That said, there are certain “something has to give” situations. The Maple Leafs may know that they’re only getting Muzzin and Barrie for a limited time. The Bruins have a tight squeeze happening, especially with Charlie McAvoy still needing an RFA deal this summer.

Either way, teams should savor deals like Josi at $4M, because they won’t last much longer.

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.