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Golden Knights can still land Erik Karlsson after Pacioretty trade

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By trading for Max Pacioretty, Vegas Golden Knights management declared that this team is for real. So why stop there?

The Golden Knights have prominently factored into Erik Karlsson trade rumors stretching back to last season’s deadline, and while extensions to Pacioretty and Marc-Andre Fleury could make it tougher to continue adding pieces, they could make things work with Karlsson. Especially for next season, but not just exclusively so.

Cap Friendly estimates the Golden Knights’ cap space at $9.438 million, and the situation is actually cozier than that, as David Clarkson‘s $5.25M is almost certain to go to LTIR … assuming his contract remains on the books. That brings us to a point: Golden Knights GM George McPhee (or VGKGMGM) has a lot of tools to make a Karlsson trade happen, even after giving up Tomas Tatar, Nick Suzuki, and a second-round pick to land Patches.

[Read about the Pacioretty trade, plus his extension]

Let’s examine the factors that could serve as catalysts for a trade:

A different timeframe

Credit the Golden Knights for displaying the agility to zig and zag with their contrasting opportunities. It’s a message to rebuilding teams: if you can pile up an absolute treasure trove of draft assets, you can set yourself up handsomely in two very different ways: 1) by keeping the picks, thus giving you a ton of “dart throws” to land gems or 2) you can package those picks for the Pacioretties (plural for Pacioretty, obviously) and Karlssons of the world, if the opportunity strikes and makes sense.

A stunning trip to the 2018 Stanley Cup Final is one reason why it makes sense – OK, the best reason, let’s be honest – but not the only one.

The Golden Knights managed to lock up significant prime-age players to term, as 27-year-old wingers Jonathan Marchessault and Reilly Smith will see their contracts (both at a team-friendly $5M cap hit) extend into their thirties. Pacioretty will turn 30 shortly after his reasonable-enough four-year extension kicks in to start 2019-20. Paul Stastny is 32 and set to begin a three-year deal, while MAF’s already 33 and under contract through 2021-22 (for better or worse).

We can spend days debating the merits of going all-in after a hot streak, as Vegas is risking doing just that, even after showing some restraint in letting James Neal and David Perron walk.

The bottom line is that Vegas’ outlook is different now, so they might as well go big with this shorter window.

Still plenty of picks/futures to move

Despite only being in existence for two offseasons (and lacking a first-round pick for 2018), the Golden Knights have managed to accrue some nice assets. Before the Suzuki trade, The Athletic’s Corey Pronman ranked Vegas’ farm system eighth overall [sub required], with Suzuki ranking as their fourth-best prospect.

So, if Vegas deemed it worthwhile, they could still trade a prospect, with Cody Glass ranking as the headliner.

The notion that they still have some gems in their system must be comforting for McPhee, who apparently worried about Filip Forsberg parallels after moving Suzuki (another mid-first-rounder moved not very long after that player was drafted by McPhee).

Plenty of people were quick to lampoon the Golden Knights for all the draft picks they’ve traded away lately, as the Tatar trade cost them a first, second, and third, while Pacioretty cost them a second and Suzuki.

That’s fair, yet it’s crucial to remember that Vegas absolutely hoarded picks heading into the expansion draft.

Via Cap Friendly’s listings, the Golden Knights have:

2019: their original picks aside from a seventh-rounder, two additional third-round picks, and one additional fifth-rounder. (Nine picks overall.)

2020: Their seven original picks, plus two more second-rounders. (Nine overall.)

2021: Six of their seven own picks, only missing a third-rounder. (Six picks overall.)

Vegas could send Ottawa a package of merely its excess picks (two thirds, a fifth in 2019, two seconds in 2020) and do well enough for Senators owner Eugene Melnyk to reference it as a win in another deeply strange video. The Golden Knights could also make a mix of players, prospects, and picks that could conceivably land Karlsson without totally mortgaging their future.

[Highlights from Melnyk’s odd video.]

Contracts that could move, and possibly cancel out some of Ryan’s cost

The Senators’ cash troubles are painfully apparent, to the point that Melnyk’s outdated jersey almost feels symbolic.

With that in mind, it could be crucial for Vegas to find a way to absorb one of Ottawa’s roughest contracts in Bobby Ryan ($7.25M cap hit through 2021-22) or Marian Gaborik ($4.875M through 2020-21). The Golden Knights likely realize that, from a sheer salary standpoint, they’d be doing Ottawa the biggest favor if they took on Ryan, and Clarkson’s salary structure would be highly appealing to penny pinchers.

Consider the year-by-year breakdown (cap hits in parentheses):

Ryan (7.25) Gaborik ($4.875) Clarkson ($5.25) Ryan – DC Gaborik – DC
2018-19 $7.5 $4.575 $4.75 $2.75 -$0.1750
2019-20 $7.5 $3.175 $3.25 $4.25 -$0.0750
2020-21 $7.5 $3.075 n/a $7.5 $3.0750
2021-22 $7.5 n/a n/a $7.5
Savings: Ryan—> $22
Savings: Gabby-> $2.8250

So, overall, the Golden Knights would save Melnyk $22M in total salary (ignoring the potential 2020-21 lockout) over four years if Clarkson’s deal was exchanged for Ryan’s contract, including $2.75M this season. Gaborik’s salary is actually a bit higher than Clarkson’s during the next two seasons, yet Gabby’s deal is more expensive because it lasts for one additional season. (If Melnyk is penciling in a lockout of any kind, it would negate some of the advantage of a Clarkson – Gaborik swap. It would also negate happy thoughts.)

If the Senators truly demand moving salary in a Karlsson deal, then a Clarkson – Ryan swap would be a huge selling point, and one would assume Vegas pointed this out before.

Managing the Ryan cap hit would be a considerable challenge, assuming his wrist/hand issues wouldn’t also plop him on the LTIR at some point during his career. Ottawa is only retaining Dion Phaneuf‘s salary, so perhaps Vegas could convince Ottawa to eat a bit of that egregious Ryan money?

The Golden Knights could also mix in a smaller, mid-level contract or two to make things work.

Cody Eakin makes a $3.85M cap hit and salary for two more seasons, and he’s a solid player at 27. Erik Haula‘s also 27, and a fantastic value at $2.75M per year through 2019-20 (fantastic enough that Vegas would probably not want to give him up). Ryan Reaves is making slightly more than Haula during the same two seasons, and Ottawa might be so bad that fights become the main attraction some nights, which would make Reaves that much more valuable.

There are also some depth defensemen who could conceivably be part of a deal, such as Nick Holden, Deryk Engelland, and Jon Merrill.

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All things considered, the Golden Knights have a lot of ammo – and incentive – to get an Erik Karlsson trade done.

The sheer array of variables likely explains why this process is taking so long, and not just when Vegas has been involved.

How much value does Vegas place on Karlsson agreeing to an extension? Will Ottawa drastically reduce its asking price if the Golden Knights take on Ryan’s enormous contract? These are questions that loom over the process.

The bottom line is that Karlsson is absolutely world-class, particularly right now, and the Golden Knights boast the sort of cap space, prospects, and picks to make something happen. After adding Pacioretty, it might be a flat-out disappointment if they don’t trade for the Senators’ star.

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.

League clears up 2020 NHL Playoffs picture, including re-seeding

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The NHL and NHLPA agreed to some key details to how the 2020 Stanley Cup Playoffs will operate … assuming the playoffs can happen. We now know how the league will handle the Round Robin for Seeding, Qualifying Round, all the way to the 2020 Stanley Cup Final.

Before we go round by round, note that the biggest takeaways are that the 2020 Stanley Cup Playoffs will involve re-seeding (not bracketing) and that every round will include a best-of-seven series after the Qualifying Round/Round Robin for Seeding.

In other words, if this all comes to pass, prepare for a lot of hockey.

How the NHL Playoffs will work through 2020 Stanley Cup Final

Let’s review what we know so far.

Qualifying Round; Round Robin for Seeding

  • As announced earlier, each Qualifying Round (four per conference) series will go by a best-of-five format. Read more about that format here.
  • Johnston reports that the Round Robin for Seeding will involve three games each per team. Points percentage will serve as a tiebreaker if needed during the Round Robin for Seeding.

It was first believed that teams who won Qualifying Round series would face specific opponents based on bracketing. Instead, re-seeding means that the highest seeds will face the lowest seeds all the way down to the 2020 Stanley Cup Final.

Here’s how “home ice” will work out, via the NHL:

* In the Qualifying Round, the higher-seeded team will be designated as the home team in Games 1, 2 and 5. The lower-seeded team will be designated as the home team in Games 3 and 4.

2020 NHL Playoffs: First Round through the 2020 Stanley Cup Final

To reiterate, following the Qualifying Round (best-of-five) and Round Robin for Seeding (three games apiece), each series will be a best-of-seven, with re-seeding. It might be easier to see how it flows this way, then:

  • Qualifying Round (best-of-five series, four series per conference); Round Robin for Seeding (three games apiece, top four teams in each conference involved). Re-seeding instead of bracketing.
  • First Round (best-of-seven series, four series per conference). Teams re-seed after First Round.
  • Second Round (best-of-seven series, two series per conference). Teams re-seed after Second Round.
  • 2020 Eastern Conference Final (best-of-seven series) and 2020 Western Conference Final (best-of-seven series).

Via the NHL, here’s how “home-ice” will play out before the 2020 Stanley Cup Final:

* In the First Round, Second Round and Conference Finals, the higher-seeded team will be designated as the home team in Games 1, 2, 5 and 7. The lower-seeded team will be designated as the home team in Games 3, 4 and 6.

  • 2020 Stanley Cup Final (best-of-seven series).

Finally, the league shared this “home-ice” info for the 2020 Stanley Cup Final:

* In the Stanley Cup Final, the team with the higher regular season points percentage will be designated as the home team in Games 1, 2, 5 and 7. The team with the lower regular season points percentage will be designated as the home team in Games 3, 4 and 6

NHL, NHLPA opt for more hockey approach

Before Thursday, some expected that the First Round, and possibly the Second Round, might instead be best-of-five series. Instead, the NHL and NHLPA opted to go longer.

Johnston captures the risk part of that risk-reward scenario quite well, noting that two extra best-of-seven rounds could add nine days to the 2020 Stanley Cup Playoffs, and that the playoff tournament could last as long as 68 days. That requires some big gambles that COVID-19 cases won’t spike to the point that the NHL needs to go on “pause” once more.

If it all works out, then the “integrity” of the 2020 Stanley Cup Playoffs is definitely emphasized. (Also, more best-of-seven series definitely strengthens the “toughest ever” arguments.) Few can credibly say they’ve been robbed of a real chance, given that 24 teams are involved.

We’ll have to wait and see if it’s all worth it, and if the NHL can actually pull this off. Personally, re-seeding seems fair if it doesn’t lead to additional travel, while the bevy best-of-seven series seems dicey.

Naturally, the NHL and NHLPA still need to hash out other details.

MORE ON NHL RETURN TO PLAY:

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.

Penguins player tested positive for COVID-19, now recovered

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The Penguins announced on Thursday that one of their players had tested positive for COVID-19.

According to the team, the unidentified player “is recovered and feeling well.” Anyone who came into close contact with him has been notified.

So far, nine NHL players have tested positive for COVID-19, including five from the Senators and three from the Avalanche.

It is expected that the NHL will announce its Phase 2 plans this week. That will allow for players to workout in small voluntary groups at team facilities. Training camps are still expected to open in mid-July.

As players get set for Phase 2, the league will have strict screening protocols in place.

“We will have a rigorous daily testing protocol where players are tested every evening and those results are obtained before they would leave their hotel rooms the next morning, so we’ll know if we have a positive test and whether the player has to self-quarantine himself as a result of that positive test,” said Deputy Commissioner Bill Daly. “It’s expensive, but we think it’s really a foundational element of what we’re trying to accomplish.”

“You need testing at a level sufficient to be confident that you’re going to be on top of anything which might happen,” said NHL Players’ Association executive director Donald Fehr. “If that turns out to be daily, and that’s available, that’s OK. That would be good. If it turns out that that’s not quite what we need and we can get by with a little less, that’s OK.”

Follow this NBC News live update thread for more on the coronavirus pandemic.

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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.

Alabama-Huntsville coach steps down one week after program is saved

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A week after a $500,000 fundraising goal was met to save the program, Alabama-Huntsville hockey coach Mike Corbett has resigned.

The announcement was made on Wednesday, with assistant coach Gavin Morgan joining Corbett in leaving the program. Assistant Lance West will take on the role of acting head coach.

“I want to thank all of you for your support and supporting the players during this time,” Corbett wrote in an email to supporters obtained by WZDX. “It meant a lot to me and them. I wish things were different and the results were better, I truly do. I own that. I will not make excuses and I will tell you I came to work everyday and put everything I had into it. Not always making the right decisions, but doing what I thought was right for the program every day. Myself and my staff embraced it and fought the good fight every day. Only we know how that was and it was difficult but continued to put the program and the players first.”

The Chargers were 2-26-6 this past season, the seventh with Corbett in charge.

According to Ryan Kennedy of The Hockey News, Corbett faced plenty of obstacles at the school.

According to insiders, Corbett wanted to leave on his own terms. The coach had led the Chargers for seven seasons and dealt with a lot of challenges, from a lack of recruiting money to the loss of a conference when seven WCHA schools announced they would be leaving Alabama-Huntsville and the two Alaska schools behind to form a new CCHA in 2021-22.

On May 22 UAH announced it was cutting its hockey and tennis programs, citing the COVID-19 pandemic. Supporters and alumni, including Flames goalie Cam Talbot, backed a fundraising campaign that saw the goal reached before Friday’s deadline. The school then approved a $1.5 million budget for next season.

There is no guarantee beyond 2020-21 that the program will keep playing, but there is now time to create a sustainable, long-term plan.

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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 Morning Skate: Golden Knights’ empire; Senators’ youth to lead the way

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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.

• Playing games in arenas with no fans could lead to TV networks getting creative covering the NHL’s Return to Play games. [Edmonton Journal]

• On NHL GMs and their reactions to the league’s Return to Play format. [Toronto Star]

• With the announcement of an AHL team coming to Henderson, Nevada, the Golden Knights are building an empire out west. [The Hockey News]

• It’s looking like the Palm Springs AHL team will be called the Firebirds. [SportsLogos.net]

• The Senators’ youth will need to lead the franchise’s revival. [Ottawa Citizen]

• How LTIR can play a role in aiding the Canucks. [Canucks Army]

• On the lessons the Sharks can learn from the last time they missed the Stanley Cup Playoffs. [NBC Sports Bay Area]

• What a full season in the AHL could do for Habs’ youngster Ryan Poehling. [A Winning Habit]

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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.