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NHL Free agency: Most long-term contracts will end in trade or buyout

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Exactly six years ago Friday, the Toronto Maple Leafs made one of the most infamous free agent signings in the salary cap era when they inked David Clarkson to a seven-year, $36.75 million contract. It was a dubious signing from the very beginning due to Clarkson’s age (he was already 29 years old) and lack of consistent, top-line production in the NHL. Adding to the absurdity was the reception of the contract in Toronto (comparing him to Wendel Clark) and the way then-general manager Dave Nonis defended the signing from any and all criticism by saying, “I’m not worried about six or seven right now. I’m worried about one. And year one, I know we’re going to have a very good player. I believe that he’s got a lot of good years left in him.”

How did that work out?

In year one Clarkson scored five goals in 60 games, was a colossal bust, and was then traded to the Columbus Blue Jackets halfway through year two of the contract for Nathan Horton, another free agent bust from the same offseason whose career would be derailed and ultimately ended by injury. The Maple Leafs knew Horton would never play again and the whole trade was nothing more than a way to shed an albatross contract that looked to be a mistake from the start. It was an obvious — and ultimately legal — circumvention of the league’s salary cap.

Clarkson’s contract is far from the only one that has gotten general managers in trouble for signing a player for too many years in free agency. Almost every time the justification is similar to the one Nonis gave for the Clarkson signing: We’re not worried about four or five years, we just want to win right now.

Most of them never win “right now,” and almost all of them are looking for a way out within two years.

Between the summers of 2009 and 2016 there were 35 unrestricted free agents signed to contracts of five years or longer.

What sort of return did teams get on those investments?

Let’s start with this, showing the result of each signing.

[Related: PHT 2019 Free Agent Signing Tracker]

This only includes players that actually changed teams as UFA’s. It does not include re-signings of players still under contract with their current team (contract extensions), or the re-signing of restricted free agents.

• Fourteen of the 35 players were traded before the end of their contract term. That includes nine players that were traded before completing three full seasons with their new team. Most of these trades were salary dumps or an exchange of undesirable contracts.

• Ten of the contracts ended in a buyout, usually after three or four seasons.

• There are only three players signed during this time period that are still playing out their contracts with their current teams: Zach Parise and Ryan Suter in Minnesota, and Michael Frolik with the Calgary Flames. The latter has been mentioned in trade rumors for more than a year now.

• Only four players played out the entire term with the team that signed them: Paul Martin with the Pittsburgh Penguins, Anton Stralman with the Tampa Bay Lightning, Brian Gionta with the Montreal Canadiens, and Dan Hamhuis with the Vancouver Canucks.

• Three players had their careers ended by injury before the duration of the contract: Marian Hossa with the Chicago Blackhawks, Ryane Clowe with the New Jersey Devils, and Mattias Ohlund with the Tampa Bay Lightning.

• On average, those 35 players played out just 57 percent of their contract term with the team that signed them. Fourteen of them played out only half of the contract or less.

• If you want to go with the “I don’t care what happens in six years as long as we win the Stanley Cup with this player” argument, the only players in the above sampling that actually won a Stanley Cup with the team that signed them during their contract were Hossa in Chicago and Matt Niskanen and Brooks Orpik in Washington. The only others to even play in the Stanley Cup Final were Anton Stralman, Valtteri Filpulla, and Matt Carle in Tampa Bay, and Brad Richards with the New York Rangers (he was bought out the following summer after three years of a 10-year contract).

What did teams learn from this sampling?

Mostly nothing, because they have kept doing it.

Between the 2016 and 2018 offseasons there were 13 UFA contracts of five years or more signed, and the early returns are already looking disastrous.

In the summer of 2016 the following deals were signed.

  • David Backes to the Boston Bruins for five years at $6 million per year
  • Kyle Okposo to the Buffalo Sabres for seven years at $6 million per year
  • Frans Nielsen to the Detroit Red Wings for six years at $5.25 million per year
  • Milan Lucic to the Edmonton Oilers for seven years at $6 million per year
  • Loui Eriksson to the Vancouver Canucks for six years at $5.5 million per year
  • James Reimer to the Florida Panthers for five years at $3.4 million per year
  • Andrew Ladd to the New York Islanders for seven years at $5.5 million per year

Not sure there is anybody that would look at any of those contracts just three years later and argue that any of those teams are getting what they hoped to get. Reimer has already been traded so the Panthers could give another long-term deal to a different goalie (Sergei Bobrovsky) this offseason, while the rest of the contracts have all quickly become an albatross for every team that signed them.

There were six contracts signed over the 2017 and 2018 offseasons with Alexander Radulov, Karl Alzner, John Tavares, James van Riemsdyk, Jack Johnson, and John Moore all getting contracts of five years or more.

So far the Radulov and Tavares contracts look to be the best investments and have provided the most return.

Alzner spent time in the AHL this past season, while Johnson has been the subject of trade rumors after just one season in Pittsburgh.

This offseason seven teams have decided to bet against history and take their chances on long-term deals.

  • Vancouver signed Tyler Myers to a five-year contract
  • New York signed Artemi Panarin to a seven-year contract
  • Florida signed Bobrovsky to a seven-year contract
  • Pittsburgh signed Brandon Tanev to a six-year contract
  • Nashville signed Matt Duchene to a seven-year contract
  • New York Islanders re-signed Anders Lee to a seven-year contract

History suggests that probably at least five of these players will be playing for a different team within two or three years.

The players that have had the highest chances of playing out most of their contract are the high-end players (first-or second-line forwards; top-pairing defenders) that are still reasonably close to the prime of their careers, so that might be good news for the Rangers and Panarin and maybe — emphasis maybe — Duchene and the Predators.

All of the rest? These look like textbook deals that are destined to end in a salary dump trade or a buyout within a couple of years.

If a player makes it to unrestricted free agency you should know what you are bidding on and adjust your expectations accordingly. It is usually a player that has almost certainly already played their most productive hockey in the NHL, and it is usually a player that their former team didn’t feel was worth the money or term they were going to be able to get on the open market. It is rare that a team allows a player it actually wants to re-sign and values make it to free agency.

Elite players like Tavares and Panarin are the exception.

The end result is a bidding war for a declining player that probably isn’t as good as you think, which then ultimately leads to a team paying a player to NOT play for them (buyout), or trading them for another player another team doesn’t want, or giving up a more valuable asset to entice a team to take your bad contract in a trade.

NHL Free agency: Sometimes the best way to win is to not play.

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.

Pass or Fail: LA Kings’ 2020 Stadium Series jerseys

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One day after the Colorado Avalanche showed off their jerseys for next month’s Stadium Series game, the Los Angeles Kings revealed what they will wear when they hit the ice at at Falcon Stadium on Feb. 15 (8 p.m. ET; NBC).

As is tradition for Stadium Series games, the design is very unique and out there. The black, white, and silver is there along with the LA from their regular jerseys “taking flight” since the game will take place on the campus of the Air Force Academy.

adidas / Kings

Now while you’re maybe distracted by the black and white of the jerseys and the sweet white gloves, do not overlook one neat feature: the shiny silver helmets.

adidas / Kings

Some additional notes from adidas:

Crest: A new L.A. crest takes flight on diagonal bisected blocking, inspired by aircraft battle stripes.

Design: The architecture of the venue’s Air Force Academy, coupled with a pilot’s ambition to push to the edge, inspired the oblique angles used to shape the jersey’s typography and numbering. A checkerboard design graphic is implemented along the neckline.

What do you think? The black, white, and silver against the burgundy, blue, and white will be an interesting look on the ice.

MORE: Avalanche reveal 2020 Stadium Series jersey

The 2020 Stadium Series game between the Avalanche and Kings will take place Feb. 15 at Air Force Academy’s Falcon Stadium in Colorado Springs, Colo.. The game will air on NBC at 8 p.m. ET.

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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.

Bad news on Hurricanes’ Hamilton: broken bone in leg

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The Carolina Hurricanes and others hoped that Dougie Hamilton‘s nasty injury looked worse than it was. Unfortunately, the result is pretty bad: Hamilton suffered a broken fibula (broken bone in his left leg) on Thursday.

You can watch and cringe at Hamilton’s bad luck in the video above.

Michael Smith of the Hurricanes website confirmed the broken fibula, stating that Hamilton may undergo surgery as soon as Friday. Smith noted that a recovery timeline might become known later tonight. Either way, it’s clear that this is a huge loss for the Hurricanes.

Hurricanes teammate Jaccob Slavin replaced Hamilton on the 2020 NHL All-Star Game roster.

What Hamilton broken fibula injury might mean to Hurricanes

The Hurricanes face a small margin of error after losing Hamilton and Thursday’s game to the Blue Jackets. Looking at the standings, it’s tough to imagine them wading into the Metro’s top three, while the bubble race could be tight:

Speculating on how long Hamilton might be out is pretty tricky. A commenter in this thread pointed out that Jason Zucker returned from a break in as little as four weeks. On the other hand, Nick Kypreos notes that Hamilton’s Hurricanes teammate Jordan Staal missed half of a season with a similar injury.

Plenty of injuries are tough to figure, and that’s quite true with breaks.

The bottom line is that even an optimistic recovery window would be painful for Carolina. Earlier in January, Adam Gretz broke down why Hamilton ranks as one of the best defensemen in the NHL.

In a nutshell: Hamilton provides explosive offensive (14 goals[!] and 40 points [!!] in 47 games this season) while being better defensively than his critics realize. This Hockey Viz Heat Map tells much of the story:

So, yeah, this hurts a lot for Hurricanes team that could be in quite the battle (most likely) for one of the East’s two wild-card spots. Perhaps it might even push the Hurricanes to try to find some help on the trade market?

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.

Bruins place David Backes on waivers

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David Backes has played only 16 games for the Bruins this season and spent many a night as a healthy scratch. On Friday the 35-year-old forward was placed on waivers.

“At the end of the day, you do what’s best for the team,” said Bruins head coach Bruce Cassidy on Friday.

Should he clear, which he will, Backes will report to Providence of the American Hockey League.

This season Backes has only one goal and three points while playing a career low 8:33 per night.

“We’re going to look at younger guys and just felt at the end of the day, you do what’s best for your team, what makes you the best team,” Cassidy said. “Ultimately [general manager Don Sweeney] put him on waivers, feeling that was the best thing. I know David doesn’t agree with the situation, but that’s the decision we made [was] for the good of the team. I respect David as a person, as a player. We just felt we had better options, and that’s how we’re going to go forward and see how it plays out.”

It’s been downhill for Backes in Boston since signing a five-year, $30 million deal in 2016. His offensive output has declined and he’s dealt with numerous injuries. Under Cassidy he’s found it difficult to carve out a role in the Bruins’ lineup and be a consistent face among their 12 forwards.

“It’s gymnastics, there’s no question about it,” said Backes last week. “But that’s where we’re at right now, that’s a sign of a good team. If I’m not cracking the lineup, I think we’ve got a pretty good team. That’s kind of my perspective on it and I’m going to be called on at some point, kind of same way I was in the playoffs where didn’t start in there but was able to I feel like make an impact on a few games and help our team win. That’s what we’re about here is team first, and I’m trying to exemplify that when I’m in, when I’m out and be ready whenever I get called.”

Backes has one year left on a contract that carries a $6 million cap hit and $4 million salary through the end of the 2020-21 season. A buyout this summer would put $4 million on the Bruins’ salary cap in 2020-21 and $1 million on it for 2021-22, per Cap Friendly. That could be an option for GM Don Sweeney, but it’s going to be another offseason with a tight salary cap picture. The salary cap ceiling may rise only a few million dollars and extensions will be due this summer for restricted free agent Jake DeBrusk and unrestricted free agents Zdeno Chara, Torey Krug, and Jaroslav Halak.

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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.

Stars can’t afford to be without Heiskanen for too long

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Thursday night wasn’t good for the Dallas Stars. Not only did they lose to the Buffalo Sabres, they also watched as defenseman Miro Heiskanen suffered an upper-body injury during the game.

He’s considered day-to-day for now.

The 20-year-old was hurt after Sabres forward Rasmus Asplund made contact with his head as Heiskanen was falling down to the ice. He then went to the Stars locker room and never returned to the game.

“We all know what he does for us,” Stars interim head coach Rick Bowness said, per the Dallas News. “Our breakouts are a lot better, he joins the rush and he’s a danger on that offensive blue line. Take him out of there, and that’s a big hole. There’s just no getting around that. Injuries happen, and got to keep playing. Got to overcome them.”

Here’s how he got hurt:

It’s easy to see why Heiskanen wouldn’t be pleased with Asplund in the moment, but the contact with the head only occurs because Heiskanen falls forward right before his opponent gets to the corner. But Sweden on Finland crime will never go over well.

The Stars don’t know how long their young defender will be out, but, as Bowness mentioned, it’s clear that they need him back in their lineup quickly. He’s up to seven goals and 24 points in 47 games this season and he averages just over 24 minutes of ice time per game.

The fancy stats also show that when Heiskanen is on the ice the Stars control 55.31 percent of the XGF and 54.19% of the high-danger chances (stats via Natural Stat Trick).

He’s formed a nice duo with Jamie Oleksiak, as they’ve played 384 minutes together at five-on-five this season. If he’s out for an extended period of time, finding someone to slide into that spot won’t be easy.

“He’s an elite player on this team, so anytime you lose one of those guys, it doesn’t matter who it is, it’s going to hurt,” teammate Ben Bishop said after the loss to Buffalo. “Obviously, we’re down a goal there, we rely on those guys.”

On a more positive note, it sounds like they’ll be getting Stephen Johns back after he missed 22 months with post-traumatic headaches. He’ll have to be eased back into the lineup, but he could help fill the void left by Heiskanen. But they’ll likely have to do that as a committee.

The Stars currently find themselves in third place in the Central Division with a record of 27-16-4. They’re tied for second with Colorado, but the Avs hold the tie-breaker (they have more regulation/overtime victories). The Winnipeg Jets, who are currently fourth in the division and just outside the playoff picture, are four points behind Dallas.

Joey Alfieri is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @joeyalfieri.