Canucks sign Braden Holtby; Markstrom signs huge deal with Flames

Braden Holtby
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The NHL’s goalie carousel was always going to be the most fascinating part of the offseason given the number of big names available, and the Vancouver Canucks ended up being one of the teams along for the ride.

On Friday they said goodbye to long-time starter Jacob Markstrom, and welcomed in a former Stanley Cup champion in Braden Holtby.

The team announced that Holtby signed a two-year contract that will pay him $4.3 million per season. That move officially means that Jacob Markstrom is moving on.

His next stop: The Calgary Flames on a six-year, $36 million contract that carries a $6 million per year salary cap hit.

Let’s break this down.

Holtby to Vancouver

There are a lot of things to digest here.

For starters, it almost certainly means that Thatcher Demko is going to have to wait even longer to be considered the No. 1 goalie in Vancouver, because the Canucks are not paying Holtby that much money to spend the majority of his team sitting on the bench. You have to figure he is going to not only play, but play a significant role.

It also seems likely that Holtby will be the goalie that Vancouver leaves exposed in next year’s expansion draft when the Seattle Kraken enter the league.

The question now is how much Holtby has left remaining as a top-tier goalie. At his peak he was one of the best goalies of his era. A consistent threat to win the Vezina Trophy, a proven big-game goalie, and a cornerstone piece to a Capitals team that was always at the top of the league.

His overall production has dropped a bit over the past three years, while the 2019-20 season was a particularly tough one for him as he posted the lowest save percentage (.897) of his career. Was that performance a random outlier, or a more concerning sign for what is ahead? Given how important goaltending was to the Canucks’ success this past season they need to hope it is more of the former.

[Capitals sign Henrik Lundqvist to one-year deal]

Can Markstrom bring stability to Calgary’s net?

Before you start getting into the contract the idea of Jacob Markstrom in Calgary makes a lot of sense.

Ever since Miikka Kipprusoff’s run with the team ended, their net has been a revolving door of short-term options. Since the start of the 2013-14 season they have had nine different goalies started at least 20 games for them, including five that have started at least 45 games.

They have simply not been able to find a long-term solution that they are happy with or that is good enough to help make them a legit Stanley Cup contender.

Could Markstrom finally solve that?

He very quietly became a rock-solid goalie in Vancouver over the past few years and finally started to get some recognition for it this past season. Markstrom is not going to steal a lot of games, but he is not going to lose many on his own, either. He is a durable, above-average goalie that should still have some quality hockey ahead of him. There is a lot of value in that, especially for a team that has been unable to consistently find a player capable of doing that. The question is whether or not that is worth $36 million over the next six years for a goalie that is already 30 years old.

Let’s be honest here, that is a gamble and there is no guarantee it is going to pay off in a few years.

With Holtby in Vancouver, Markstrom in Calgary, Henrik Lundqvist in Washington, Matt Murray in Ottawa, Robin Lehner staying in Vegas, Cam Talbot in Minnesota, and Anton Khudobin re-signing in Dallas the goalie market is starting to sort itself out.

Corey Crawford and Thomas Greiss remain the biggest free agents, while Marc-Andre Fleury is still floating out there as a potential trade option.

Edmonton, Colorado, and perhaps Chicago still figure to be teams in the market for goaltending help.

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.

LA Kings put goaltender Cal Petersen on waivers

Perry Nelson-USA TODAY Sports
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LOS ANGELES — The Los Angeles Kings put goaltender Cal Petersen on waivers, a surprising move for a player once considered the successor in net to two-time Stanley Cup winner Jonathan Quick.

Petersen, 28, went on waivers the day after allowing four goals on 16 shots in relief of Quick during a 9-8 overtime loss to the Seattle Kraken. Quick was pulled after giving up five goals on 14 shots.

Only one NHL goalie has a save percentage lower than Petersen’s .868 this season, Elvis Merzlikins of the Columbus Blue Jackets with .864. Petersen is 5-3-2 in 10 games with a 3.75 goals-against average in his third full season with the Kings and fifth overall.

L.A. signed Petersen to a three-year, $15 million contract in September 2021, and he figured to take the starting job from Quick, who turns 37 in January and is set to be a free agent after the season. Petersen has two years left on that deal after this one at an annual salary cap hit of $5 million.

Penguins’ Kris Letang out indefinitely after 2nd stroke

Kris Letang Penguins
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PITTSBURGH — Kris Letang plays hockey with a grace and inexhaustible fluidity seemingly impervious to the rigors of spending nearly half his life in the NHL.

For the second time in less than a decade, however, a major health scare has brought Letang’s career to a halt.

The 35-year-old Letang is out indefinitely after suffering a stroke for a second time. Letang reported feeling ill and was taken to the hospital, where tests confirmed the stroke.

While general manager Ron Hextall said Wednesday this stroke doesn’t appear to be as serious as the one Letang sustained in 2014, the Penguins will have to find a way forward at least in the short term without one of their franchise pillars.

“I am fortunate to know my body well enough to recognize when something isn’t right,” Letang said in a release. “While it is difficult to navigate this issue publicly, I am hopeful it can raise awareness. … I am optimistic that I will be back on the ice soon.”

The three-time Stanley Cup champion missed more than two months in 2014 after a stroke, which doctors determined was caused by a small hole in the wall of his heart. He spent Monday feeling off and told team trainers he was dealing with what Hextall described as a migraine headache.

Penguins team physician Dr. Dhamesh Vyas recommended Letang go to the hospital, where tests confirmed the stroke.

“He didn’t know (he had a stroke),” Hextall said. “He just knew something wasn’t right.”

Letang is continuing to undergo tests but felt well enough on Tuesday to be at the arena for Pittsburgh’s 3-2 overtime loss to Carolina. He spent the second period chatting with Hextall then addressed his teammates in the locker room afterward in an effort to help allay their concerns.

“I think it was important for Kris to be there because his teammates got to see him in good spirits and that he’s doing well,” Penguins coach Mike Sullivan said.

Sullivan added initial test results on Letang have been “very encouraging.” Letang will continue to undergo testing throughout the week, though he felt good enough in the aftermath to ask Sullivan and Hextall if he could skate, an activity that is off the table for now.

Hextall said he “couldn’t even guess” how long the Penguins may be without the married father of two, adding hockey is low on the team’s list of concerns about a player who, along with Sidney Crosby and Evgeni Malkin, has helped the franchise to three Stanley Cups during his 17-year career.

“First and foremost this is about the person and I told Tanger about that last night,” Hextall said. “This is Kris Letang, the father and family guy, the Pittsburgh Penguins, that’s second.”

Letang, a six-time All-Star, has been one of the most durable players in the NHL. His 662 career points (145 goals, 517 assists) are a franchise record for a defenseman. He’s averaged well over 24 minutes of playing time over the course of his career, a number that’s ticked above 25 minutes per game seven times in eight-plus seasons since he returned from the initial stroke.

The Penguins felt so confident in Letang’s durability that they signed him to a six-year contract over the summer rather than let him test free agency for the first time.

“The level of hockey he’s played for as long as he’s played is absolutely incredible,” Hextall said. “The level he’s continued to play at at his age, the type of shape he’s in … he’s a warrior.”

Letang has one goal and 11 assists in 21 games so far this season for Pittsburgh, which hosts Vegas on Thursday night. The Penguins are pretty deep along the blue line, but Sullivan knows he can’t try to replace Letang with any one player.

“It’s not anything we haven’t been faced with in the past and the reality is we have what we have, and we’ll figure it out,” Sullivan said, adding “it’ll be by committee, as it usually is when you replace a player of that stature.”

Ovechkin tops Gretzky for most road goals, Capitals beat Canucks

Bob Frid-USA TODAY Sports
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VANCOUVER, British Columbia – Alex Ovechkin scored twice, passing Wayne Gretzky for the most road goals in NHL history, and the Washington Capitals beat the Vancouver Canucks 5-1 on Tuesday night.

Ovechkin has scored 403 of his 793 career goals away from home. Gretzky holds the overall record with 894.

“It’s always nice when you beat the Great One,” Ovechkin said. “It doesn’t matter what kind of milestone it is. It’s history.”

Anthony Mantha added a goal and an assist for the Capitals (10-11-3). John Carlson and Martin Fehervary also scored, and Darcy Kuemper stopped 31 shots.

Nils Hoglander scored for the Canucks (9-11-3), who had won three in a row. Spencer Martin made 23 saves.

“Spencer’s been great for us. He’s probably a bit like the other players tonight. They weren’t ready to play and it showed on the scoreboard,” Vancouver coach Bruce Boudreau said.

The 37-year-old Ovechkin nearly netted a hat trick when Vancouver pulled Martin for an extra skater with just over six minutes left, but his rocket of a shot skimmed the outside of the post.

“I think he has 13 goals this year and I want to say like eight or nine have been like a new record. So it’s been cool,” Washington center Dylan Strome said. “Any time you pass Wayne Gretzky in anything, it deserves a standing ovation, which he got.”

Fehervary was the one who sealed it, flipping the puck high into the Canucks zone and into the empty net at 15:57 of the third period.

Ovechkin topped Gretzky 11:52 into the first, firing a one-timer from the left circle past Martin to give the Capitals a 2-0 lead with his 13th goal of the season.

“On his second goal, it looks like, `Oh, maybe (Martin) should have had it.’ But I’ve seen (Ovechkin) score 100 goals like that,” said Boudreau, who coached the Capitals from 2007-11. “He’s got a shot that finds its way in.”

The star forward from Russia got his first of the night 5:35 in, taking the puck off the stick of Vancouver defenseman Quinn Hughes near the net and batting in a quick shot.

“It could have been 6-1 after the first period, quite frankly, with the amount of chances (Washington) had,” Boudreau said.

It was Ovechkin’s 135th game-opening goal, tying Jaromir Jagr for the most in NHL history.

“(Ovechkin) was really good in the first and I thought we were really good in the first so it was nice to get out and get a jump like that,” Capitals coach Peter Laviolette said. “He certainly led. We knew we needed to have a good first period, have a good game, and you need your best players to do that.”

Carlson scored the lone goal of the second, chipping in a loose puck from the low hash marks at 18:47 to give Washington a 4-1 cushion.

“It’s frustrating. Because when you lose games, it should never be about your compete level and battle level,” Canucks center J.T. Miller said. “It’s frustrating because they didn’t out-skill us today, they didn’t out-system us. They literally just outbattled us and created their own chances.”

NOTES: Washington’s Lars Eller got his 200th career assist. … Miller had an assist, extending his point streak to nine games (four goals, seven assists). … The Capitals swept the two-game season series. … Vancouver assigned winger Vasily Podkolzin and defenseman Jack Rathbone to the Abbotsford Canucks on Monday, then recalled forward Phillip Di Giuseppe from the American Hockey League club on Tuesday.

UP NEXT

Washington: At Seattle on Thursday in the second of a five-game trip.

Vancouver: Host Florida on Thursday in the second of a four-game homestand.

Deal for Coyotes’ proposed arena approved by Tempe council

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TEMPE, Ariz. — The Tempe City Council has unanimously approved a proposal for a new Arizona Coyotes arena and entertainment district, clearing the way for a public vote on the project next year.

The City Council approved the proposal 7-0 after a lengthy meeting that included NHL Commissioner Gary Bettman.

The $2.1 billion project would include a 16,000-seat arena, practice rink, 1,600 apartments, two hotels and a theater. Approval of the project was the final step before it goes to referendum on May 16.

The team is currently playing at Arizona State’s 5,000-seat Mullett Arena, by far the NHL’s smallest arena.

The Coyotes have been searching for a permanent home since the city of Glendale pulled out of a multimillion-dollar lease at Gila River Arena. Arizona had been playing on an annual lease until Glendale said it would not be renewed for the 2022-23 season.