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Pressure ratchets up on already cap-strapped teams

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News of a lower-than-expected salary cap for the 2019-20 season would have put a damper on the 2019 NHL Draft over the weekend for some NHL outfits.

The number, $81.5 million, came down shortly after the conclusion of the final round of Saturday’s seventh round and was $1.5 million shy of what was expected to be around $83 million since December.

For some, they leave Vancouver unperturbed by the news. Not every team is experiencing a cap crunch this season. But for others, the flight home may have been slightly sweatier, and not because of any in-flight turbulence, but rather the increased instability on the balance sheet heading into next season.

Let’s take a look at a few teams who are feeling the squeeze the most with the news.

1. Toronto Maple Leafs 

For a team that still has a player hoping to make $11 million at least, it’s not ideal that even with the trade of Patrick Marleau, there’s only $13.5 million to play with and roughly $7 million of that expected to go to Andreas Johnsson and Kasperi Kapanen as soon as Sunday. Toronto’s price to shed Marleau came in a future first-round pick, which came along with Marleau to Carolina. That means Kyle Dubas needs to trim even more fat off his roster to make way to accommodate Marner’s Auston Matthews-like cap hit.

2. Vegas Golden Knights

As of Sunday, the Golden Knights have $0 in cap space. In fact, they’re over the limit. And they still have William Karlsson, a restricted free agent, to pay, and perhaps Brendan Pirri, and unrestricted free agent, too. Someone’s got to go.

3. Tampa Bay Lightning

The sell-off began on Saturday when J.T. Miller and his $5.25 million contract was shipped to Vancouver. The Lightning must make room for Brayden Point, who is going to command a pretty penny. With Miller’s departure, they have just over $10 million to spend, with most, if not all, going to Point. And it gets worse for Tampa next season when Andrei Vasilevskiy‘s time as a very underpaid Vezina winner comes to an end.

4. Winnipeg Jets

Perhaps the best example of building through the draft and then having to consider parting ways with players they’ve pumped all sorts of development into, the Jets have been forced into making decisions such as trading Nikolaj Ehlers (along with trading Jacob Trouba, although in a much different scenario).

The Jets have to sign Patrik Laine and Kyle Connor this offseason, two deals that could combine for $18 million or somewhere in that region. Winnipeg has $23 million to throw around at the moment, but Laine and Connor are just two players on a roster that only has 14 signed so far for next season. Like it has in the past, the Jets will employ the services of players they’ve developed after drafting them.

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It’s hard not to sympathize with teams who draft well, develop better and then have to sell off those players or others as a punishment for doing a good job as an organization.

But the realities of a capless world means teams with owners that have the deepest pockets would most likely reign supreme.

Perhaps there’s a compromise? What about teams not having to count players they draft and develop against the cap? Or perhaps only a portion of their salary, so they don’t have to sell off those players down the road because they’re forced to be cap compliant?

For now, every team dealing in the upper limits is forced to adapt.

We saw that on Saturday with the trade of P.K. Subban out of Nashville to the New Jersey Devils. We saw it with the aforementioned Lightning and Miller. And we will see more of it in the days and weeks to come with other teams plastered to the ceiling.

“I know we’ve taken a good player off our team so I can’t sit here and say we’re a better team for doing that,” Preds GM David Poile told the media in Vancouver on Saturday.

“We had to make a business decision. With an aim at strengthening our forward corps this offseason, and the continued strength of our defensive group, we felt it was necessary to clear up salary cap space this way.”

Parity in the NHL comes at a cost, but one has to wonder if that cost won’t become a point of contention somewhere down the line.

Being penalized for drafting well or pulling off a shrewd move or two shouldn’t sit well for teams in an uber-competitive league, where every advantage is needed to get ahead.

At the moment, it’s a feeding frenzy for bottom-feeding teams who can absorb large contracts and get immediately better — see: New Jersey. The Devils could go from a terrible team in 2018-19 to a playoff contender with Jack Hughes and P.K. Subban. Meanwhile, a team like the Predators — a legitimate Stanley Cup contender — perhaps ceases to be that caliber of a team, at least for now.

Nobody said life was fair.

MORE 2019 NHL DRAFT COVERAGE:
• Shero on Subban trade, Hall’s future with Devils
• 
Round 1 draft tracker
• Rounds 2-7 draft tracker

Scott Billeck is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @scottbilleck.

Golden Knights introduce AHL affiliate: Meet the Henderson Silver Knights

Henderson Silver Knights
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The Vegas Golden Knights revealed their AHL affiliate’s name and logo on Thursday night.

Introducing the Henderson Silver Knights!

“Today is a momentous day for our organization, the City of Henderson and the entire Southern Nevada community. After years of planning and preparation, we finally get to welcome the Henderson Silver Knights home,” said Henderson Silver Knights owner Bill Foley. “When we started our initial ticket drive to bring hockey to Vegas and create the team we now know as the Golden Knights, it was obvious this community had all the makings of a great hockey city. That being said, the passion and enthusiasm our fans have shown us over the past three years is greater than anything we could have imagined. Now our fans can watch more hockey right in their backyard and keep a close eye on our players’ journeys as they advance through our ranks with the intention of achieving the ultimate goal: Becoming a Vegas Golden Knight.”

The Golden Knights purchased the San Antonio Rampage in February in order to move them to Henderson, Nevada. The sale was approved by the AHL Board of Governors later that month.

The Silver Knights will begin play with the 2020-21 AHL season at the Orleans Arena. In August, workers are expected to break ground on an $80 million, 6,000-seat arena set to open with the 2022-23 season. That project was approved earlier this month.

According to Foley, the Silver Knights already have 7,600 season-ticket deposits and jerseys will be revealed in a few months.

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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.

Hurricanes agree to arena lease extension through July 2029

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RALEIGH, N.C. (AP) — The Carolina Hurricanes have reached a five-year lease extension to remain in PNC Arena through July 2029.

Arena owner Centennial Authority and Hurricanes parent company Gale Force Sports and Entertainment announced the agreement Thursday. The current lease agreement runs through the end of June 2024.

The News and Observer of Raleigh reported that deal provisions include an agreement by the Hurricanes not to relocate during the current lease, as well as eliminating rent payments following the 2020 fiscal year.

In a news conference, team president and general manager Don Waddell said the new deal comes after more than a year of discussions along with talks about about facility upgrades and more development in the surrounding property.

”The authority believes that the Hurricanes are very important to the community, and that’s why we worked really hard to try to keep them here,” said Tom McCormick, Centennial Authority board chairman.

The Hurricanes have played in the arena since its 1999 opening and shares it with the North Carolina State men’s basketball team.

”This extension gives us the flexibility and time to make sure we make the best long-term decision for the Hurricanes and the Triangle – whether that means a major renovation, development around this arena or a new arena,” Hurricanes owner Tom Dundon said in a statement. ”We have a great place to play, but there are things we need to address based on the age of the facility, the arena’s amenities and the area around the building.”

PHT Morning Skate: Neely on Return to Play; NHLers on extended downtime

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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.

• Bruins president Cam Neely on the Return to Play format: “With what the team was able to accomplish in the first 70 games and then the point spread we had — not only with the teams in the league, but also with the teams in our division and conference — to kind of have three games dictate where we fall in the conference standings is somewhat disappointing.” [NBC Sports Boston]

• Why did St. Louis fail to land on the NHL’s list of potential hub cities? [Post-Dispatch]

• The NHL and NHLPA will be pushing back the June 1 signing date for players whose contracts begin next season. [TSN]

• NHL players look to manage uncertain injury risks after extended downtime. [Sporting News]

• This playoff will allow the Avalanche a real good chance to win the Stanley Cup. [NHL.com]

• Columbus’ strong defensive DNA will be important to slow the Maple Leafs’ offense. [Sportsnet]

• The expanded playoff format will only be “a one-time thing.” [The Hockey News]

• How USA Hockey hopes to bring kids back to the ice after the pandemic. [ESPN]

• When free agency opens, the Coyotes should be bold in improving their roster. [Five for Howling]

• Finally, here are the five worst players in EA Sports’ NHL series, according to Operation Sports:

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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.

Sabres fans are fed up with losing, and so is Jack Eichel

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While 24 NHL teams aim to return to play, the Buffalo Sabres will not. Despite seeing a league-leading playoff drought extend to nine consecutive seasons, the Sabres confirmed that GM Jason Botterill will be back. This all translates to deeply frustrating times for Sabres fans — not to mention star Jack Eichel.

And both Eichel and those Sabres fans made some waves with the way they aired their grievances.

Eichel and other Sabres are “fed up with losing”

Eichel, Rasmus Ristolainen, and other Sabres vented during recent days. In Eichel’s case, he admitted that he’s “fed up with losing.” When you listen to Eichel, you can hear that mixture of fatigue and anger.

Eichel carries a lot of the burden as the Sabres’ biggest star. Yet, as much as Eichel’s suffered through five years of failures, Rasmus Ristolainen absorbed even more over seven. Rumors circulated that Ristolainen wanted out last summer, and he only (kind of) calmed things down later on.

Maybe that sets the stage for some eyebrow-raising comments? Ristolainen told reporters that he realizes that if someone gets traded, he might be the first to go. The defenseman also acknowledged how comments about building toward the future must make everyone sound like a broken record.

No doubt, missing the postseason in such an embarrassing way has to sting Sabres players like Eichel and Ristolainen. The angst also makes it more awkward for Botterill to try to say all the right things.

With cap space opening up and huge needs still lingering, this is a huge offseason for the Sabres. It also could be a long one in a more literal way, if the 2020-21 season starts in, say, December. Clearly, plenty of Sabres players won’t be feeling very patient if the team suffers through another stretch of setbacks.

Fans share discontent — sometimes creatively

It’s clear — and it’s been clear for a while — that Sabres fans are out of patience, too. (Remember Duane?)

Sabres fan Jill Thompson put the team “up for sale” on Craigslist. While the listing was not very surprisingly removed, Thompson shared a screenshot of it on Twitter:

Thompson wrote this in the listing:

For Sale: NHL Hockey Franchise
Team: Buffalo Sabres
Available: ASAP

*Lost team with diehard fanbase looking for wealthy owner who actually understands hockey*

Organization on the cheap. Could be flipped. Major structural damage but few core pieces still in tact.

Non-Negotiable Terms:
-Franchise must stay in current city and is ineligible for relocation.
-Immediate family (i.e. wife) is not eligible for internal position within the organization
-Must provide “team puppy”

Not crazy about the “immediate family” barb personally, but otherwise? Pretty good. Really, all 31 NHL teams should have at least one puppy.

Thompson explained the listing to the Buffalo News, and capturing the mood of many Sabres fans in the process:

“When I post about the Sabres on Twitter, it’s sadly in a negative light and that is because I am upset for the level of disrespect/lack of accountability/neglect of everything down to the smallest details that we are shown from the owners,” Thompson wrote to the Buffalo News. “As one of the most loyal fan bases in all of sports, we deserve better.”

With serious questions lingering regarding goaltending, defense, and forward depth, the Sabres have a long way to go to turn things around. And they might not have a ton of time to win back fans like Thompson.

More on the Sabres

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.