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Ducks buy out former Hart, Stanley Cup winner Corey Perry

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The Anaheim Ducks are set to part ways with one of their franchise’s cornerstones over the past 14 seasons.

TSN’s Frank Seravalli reported that the Ducks were putting the final touches on the paperwork to buy out the 34-year-old on Wednesday morning. Seravalli said Perry is likely to avoid waivers due to his no-movement clause in his contract.

The Ducks then made the move official not long after.

“This is one of the most difficult decisions I’ve had to make in my 44 years in the NHL,” Ducks GM Bob Murray said in a statement. “Corey gave everything to this franchise for 14 years, never giving an inch to his competitors.

“While his scoring touch is undeniable, his will to win became his greatest attribute. We thank Corey for everything he’s meant to the organization. No matter what he elects to do from here, Corey, his wife, Blakeny, and his son, Griffin, will always be part of the Ducks family.”

Perry was set to enter the seventh year of an eight-year, $69 million deal signed prior to the 2013-14 season.

[RELATED: Buyout Frenzy: Five candidates to have contracts nixed from the books]

The move saves the Ducks $6 million in cap space for the coming season, giving the team just over $15 million of wiggle room based on the projected $83 million salary cap for next season. The Ducks will have 17 players signed on their roster once the buyout is official.

Cap hit over the life of the buyout:
2019-20: $2,625,000
2020-21: $6,625,000
2021-22: $2,000,000
2022-23: $2,000,000

This past weekend, The Athletic’s Pierre LeBrun wrote that the Ducks were trying to find a dance partner for a trade involving Perry but would otherwise buy him out if none could be found.

None of this should come as a surprise as Perry has been on a sharp, downward trend for the past few seasons.

Injuries plagued Perry last season, limiting him to 31 games. He had just six goals and 10 points. A year earlier, he played 71 and had 49 points. Perry, a former 50-goal scorer, hasn’t surpassed 20 since the 2015-16 season.

In 988 NHL games, a franchise record, Perry has 372 goals (second most in franchise history) and 776 points (third most in franchise history). Perry was selected 28th overall in the first round of the 2003 NHL Draft.

He becomes one of the bigger names now on the free agent list and could prove as a solid veteran add for the right price.

Perry is the third player bought out since the window to do so opened on June 15. Dion Phaneuf and Andrew MacDonald were bought out on June 15 (MacDonald had to clear waivers, so officially June 16 for him).

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.

Flyers, Hayes agree to seven-year, $50 million deal

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The Philadelphia Flyers took a calculated gamble, trading a late-round pick for the rights to negotiate with center Kevin Hayes. It appears that move is now paying off, for both team and player.

TSN’s Bob McKenzie reported Tuesday night that Hayes, a pending unrestricted free agent, are closing in on a seven-year, $50 million deal ($7.14 million annual average value), taking one more big name free agent off the board long before the free agency window opens on July 1.

The Flyers put the official stamp on the deal on Wednesday.

“We are very happy to sign Kevin to a long-term contract,” Fletcher said in a release by the team. “He plays a smart, two-way game and is just entering the prime of his career. Kevin will add size and skill to our lineup.”

A day normally referred to as a ‘frenzy’ will be merely a whimper at the pace big names are being erased off the list.

The Flyers really wanted their guy, so much so that they’re paying a guy who’s only broken the 20-goal mark once and has only surpassed 50 points once, too — this year, with 55 points in 71 games with the New York Rangers and Winnipeg Jets.

But teams will pay big money for a top-six center who is large in stature and has a knack for using that frame to drive to the net. At 6-foot-5 and 216 pounds, Hayes is a formidable figure on the ice and at 27, is coming into the prime of his career.

Hayes becomes the 18th highest paid center in the NHL, making more than Patrice Bergeron in Boston, Nathan MacKinnon in Colorado and Mark Scheifele in Winnipeg — all three players who are top-line centers on their respective teams and with significantly more success in the production department.

CapFriendly has the nearest comparable to Hayes’ contract listed as Ryan O'Reilly of the St. Louis Blues, who won the Conn Smythe a few nights ago.

The Flyers acquired the rights to court Hayes last week when they sent a 2019 fifth-round pick to the Jets, who brought Hayes in from the Rangers at the trade deadline.

Hayes didn’t impress in Winnipeg, but came into a team that was on a downward trajectory and couldn’t rectify it himself.

Initially, it was reported that Philly wasn’t No. 1 on Hayes’ list. We can suppose that changed as the AAV rose in negotiations.

A couple thoughts:

  • Matt Duchene must be licking his chops at this point. Duchene, a UFA himself, is going to be signing T-Pain’s ‘I’m so Paid’ for years to come.
  • It would appear the dollar figure for William Karlsson would come in around this mark.
  • The Flyers are doing big things this offseason.

Earlier on Tuesday, they added defenseman Justin Braun from the San Jose Sharks, taking advantage of a team that needed to shed some salary.

The Hayes signing just highlights further the aggressive off-season by Flyers GM Chuck Fletcher is undertaking, vastly different than Ron Hextall’s slow-and-steady plan.

Over the last week, they added Matt Niskanen from the Washington Capitals by shipping Radko Gudas the other way and bought out Andrew MacDonald‘s contract.

And they still have nearly $23 million to work with and restricted free agents in Scott Laughton, Travis Konecny, Travis Sanheim and Ivan Provorov they still need to sign.

The Flyers are that darkhorse team for next year. They’ve appeared to find a capable starter in Carter Hart, have re-tooled their blue line and still have names such as Claude Giroux, Sean Couturier and Jakub Voracek to go along with the Hayes addition.

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.

Trade: Flyers add Braun to blue line as Sharks shed salary

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One day after the San Jose Sharks handed Erik Karlsson $92 million over the next eight years, they shipped defenseman Justin Braun to the Philadelphia Flyers in exchange for a 2019 second-round pick (No. 41 overall) and a third-round selection in 2020.

“Justin has been an important part of our organization since we drafted him in 2007 and over that time, we have seen him develop not only as a player on the ice but as a man,” said Sharks general manager Doug Wilson in a statement. “He has played a large role in our team’s success since joining the Sharks roster, including appearing in three Conference Finals and competing for the Stanley Cup in 2016. I want to thank Justin and his wife, Jessie, for their commitment to the Sharks organization and wish them all the best in their future.”

In the wake of the Karlsson extension Wilson needed to shed some salary off the Sharks’ cap. This trade does that, freeing up $3.8M from their books for the 2019-20 NHL season. Braun has one year left on his deal and is eligible to become an unrestricted free agent in 2020.

Wilson and the Sharks now have a little over $16M in cap space, per Cap Friendly, to try and re-sign some of the team’s restricted free agents like Timo Meier and Kevin Labanc, and figure out what to do with UFAs Joe Pavelski, Joe Thornton, Joonas Donskoi and Gustav Nyquist.

“Under a cap system, choices and decisions need to be made,” Wilson said on Monday. “I don’t think anybody should rush to conclusions on anything. There’s many ways to accomplish different things.”

The Braun acquisition continues an aggressive off-season by Flyers GM Chuck Fletcher. In the span of a week he’s acquired the negotiating rights to pending UFA Kevin Hayes, swapped defensemen with the Washington Capitals by shipping Radko Gudas in exchange for Matt Niskanen, bought out Andrew MacDonald‘s contract, and now added Braun.

This now gives the Flyers a blue line with a left side featuring Ivan Provorov (RFA), Shayne Gostisbehere, Sam Morin, Robert Hagg, and Travis Sanheim (RFA). Who will be on the move out of that group? Judging by how some NHL GMs are talking this week, it could be a very busy summer of player movement.

“I think there’s been more conversation, more communication between the GMs in the last month than maybe ever since I’ve been a GM,” Wilson said. “There’s so much competition, especially for the high-end player. … There’s a lot of things going on.”

MORE:
Sharks set to sweat salary cap after Karlsson extension
Teams looking for defense should seek trades, not free agents
Free agent market for defensemen looks thin without Karlsson

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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.

Flyers waive MacDonald, set to buy him out

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Well, that didn’t take long.

The Philadelphia Flyers put defenseman Andrew MacDonald on unconditional waivers for the purpose of buying him out, according to the club on Saturday. The Flyers can buy MacDonald out on Sunday after he clears waivers.

Today marks the opening of the buyout window where teams can shed bad contracts (for the most part) and save a little money when it comes to the salary cap. MacDonald’s name was written on the wall on Friday, however, after the Flyers and Washington Capitals swapped Radko Gudas for Matt Niskanen, a defenseman.

[RELATED: Buyout Frenzy: Five candidates to have contracts nixed from the books]

MacDonald had a year remaining on his six-year-, $30 million contract he signed prior to the 2014-15 season. The Flyers will save $3.833 million next year, reducing the cap hit from $5 million to just $1.66 million.

“It was a difficult decision,” Flyers GM Cliff Fletcher said. “It was solely cap related…This guys is a constant professional. He did whatever we asked him to do…He’s just a quality person & a guy who played an effective two-way game for our team.”

MacDonald’s play has tanked in recent times and his minutes followed. He had no goals and nine assists last year in 47 games where he averaged around 16 minutes a night, six less than when he was acquired by the Flyers in 2014 from the New York Islanders.

A shortened season became commonplace for MacDonald, often through injury as well as being healthy scratched. He’s never played a full 82-game schedule in his 10-year NHL career.

MacDonald’s buyout is the first foot to fall.

There are several more candidates who could follow the same path over the next two weeks.


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

Why rebuilding teams should trade for players like Marleau

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The Athletic’s Pierre LeBrun, Sportsnet’s Nick Kypreos, and others have discussed an intriguing possibility that the Los Angeles Kings might trade for Patrick Marleau from the cap-strapped Toronto Maple Leafs.

On its face, that seems like an ill-advised trade. Why would the already-old-as-dirt, expensive Kings seek out a near-40-year-old who carries a bloated $6.25 million cap hit?

Yet, in the cap era, it’s a deal that could make a ton of sense for both sides, if the right deal could be hashed out.

The Kings should go even bolder

While LeBrun discusses the Kings wanting to get rid of a different, cheaper problem contract to make the Marleau trade work (sub required), the real goal should be for both teams to acknowledge their situations. The Maple Leafs needs cap space; the Kings need to build up their farm system with picks and prospects.

Instead of trying to move, say, Dustin Brown or Ilya Kovalchuk, the Kings should instead find as creative ways as possible to bulk up on futures, while accepting the (admittedly grim) reality that they’ll suffer through 2019-20, if not 2020-21 and beyond.

In fact, if I were Kings GM Rob Blake, I’d pitch sending over Alec Martinez for Marleau, with the goal of really making it costly for the Maple Leafs. Imagine how appealing it would be for the Maple Leafs to move out Marleau’s contract and improve their defense, and imagine how much more of a ransom the Kings could demand if they’re absorbing all the immediate “losses” in such a trade? Could Los Angeles land yet another Maple Leafs first-rounder, say in 2020 or even 2021? Could such a deal be sweetened with, say, the rights to Andreas Johansson?

That trade might not work, but it’s a blueprint

The Los Angeles Times’ Helene Elliott believes that a deal probably won’t actually work out, and that’s understandable. There are a lot of ins and outs to a would-be trade that could send Marleau to L.A., particularly since Marleau would need to waive his no-trade clause to complete a trade.

But, really, this is just one example.

Rebuilding teams should apply similar logic to any number of other situations, while contenders can be forgiven for thinking more short-term.

Of course, a rebuilding team would also need to embrace the rebuilding reality, and not every team is past the denial stage.

Potential rebuilding teams

The Kings are in a decent position to absorb a tough year or two, what with being not that far removed from two Stanley Cup wins. The Ottawa Senators have already prepared fans for a rebuild, although they also need to avoid making things too brutal after an agonizing year. The Detroit Red Wings could be less resistant to rebuilding under Steve Yzerman than Ken Holland. Other teams should probably at least consider a short pulling off of the Band-Aid, too, with the Anaheim Ducks coming to mind.

What are some of the problem contracts that could be moved? Glad you (may have) asked.

Also, quick note: these mentions are based on my perception of the relative value of players, not necessarily how their teams view them.

Marleau-likes (challenging contracts ending after 2019-20)

  • Again, Marleau is about to turn 40, and his cap hit is $6.25M. His actual salary is just $4.25M, with Cap Friendly listing his salary bonus at $3M. Maybe the Maple Leafs could make his contract even more enticing to move if they eat the salary bonus, then trade him? If it’s not the Kings, someone should try hard to get Marleau, assuming he’d waive for at least a few situations.
  • Ryan Callahan: 34, $5.8M cap hit, $4.7M salary. Callahan to the Red Wings almost feels too obvious, as Yzerman can do his old team the Lightning a cap-related favor, get one of his beloved former Rangers, and land some much-needed pieces. Naturally, other rebuilders should seek this deal out, too, as the Bolts are in just as tough a spot with Brayden Point as the Maple Leafs are in trying to sign Mitch Marner.
  • Nathan Horton: 35, $5.3M cap hit, $3.6M salary. The Maple Leafs have been placing Horton on LTIR since acquiring his contract, but with his reduced actual salary, maybe a team would take that minor headache off of Toronto’s hands?
  • David Clarkson: 36, $5.25M cap hit, $3.25M salary. Basically Vegas’ version of the Horton situation.
  • Zach Bogosian: 29, $5.14M cap hit, $6M salary. Buffalo’s said the right things about liking Bogosian over the years, but with big spending coming up if they want to re-sign Jeff Skinner, not to mention get better … wouldn’t they be better served spending that money on someone who might move the needle?
  • Andrew MacDonald: 33, $5M cap hit, $5.75M salary. Like Bogosian, MacDonald’s salary actually exceeds his cap hit. Maybe you’d get a better return from Philly if you ate one year of his deal? Both the Flyers and Sabres have some added urgency to be better in 2019-20, after all.
  • Martin Hanzal: 33, $4.75M cap hit, $4M salary. The Stars already have a ton of cap space opening up while they made big strides during the 2019 Stanley Cup Playoffs. You’d think they’d be eager to get more room, earlier, and maybe make a run at someone bold like Artemi Panarin or Erik Karlsson? They were one of the top bidders for Karlsson last summer, apparently, but now they could conceivably add Karlsson without trading away a gem like Miro Heiskanen.
  • Dmitry Kulikov: 29, $4.33M cap hit and salary. Maybe the Jets could more easily keep Jacob Trouba along with Patrik Laine and Kyle Connor if they get rid of an underwhelming, expensive defenseman? Just a thought.

If you want to dig even deeper, Cap Friendly’s list is a great guide.

Two years left

Seeking contracts that expire after 2020-21 is a tougher sell, but maybe the rewards would be worth the risk of extended suffering?

  • Corey Perry: 36, $8.625M cap hit. $8M salary in 2019-20; $7M salary ($4M base; $3M salary bonus) in 2020-21. If you’re offering to take on Perry’s contract, you’d probably want a significant package in return. If the Ducks are in rebuild denial, then they’d get a fresher start if they managed to bribe someone to take Perry. Ryan Getzlaf‘s deal also expires after 2020-21 with similar parameters, though it’s less appealing to move him.
  • Kevin Shattenkirk: 32, $6.65 cap hit, cheaper salary in 2020-21. Marc Staal, 34, $5.7M cap hit, cheaper salary in 2020-21. The Rangers’ future is blurry now, as they could go from rebuild to trying to contender if they get Panarin. If they’re really gearing toward contending, maybe they’d want to get rid of some expensive, aging defensemen?
  • David Backes: 35, $6M cap hit, $4M salary each of the next two seasons. The bottom line is that Backes has been a pretty frequent healthy scratch, and the Bruins should funnel his cap hit toward trying to keep both Charlie McAvoy (RFA this offseason) and Torey Krug (UFA after 2020-21).
  • Alexander Steen: 37, $5.75M cap hit, cheaper in 2020-21. Paying this much for a guy who’s become a fourth-liner just isn’t tenable for a contender. He’s been great for the Blues over the years, yet if you want to stay in the mix, you sometimes need to have those tough conversations.
  • Lightning round: Brandon Dubinsky, Matt Niskanen, Artem Anisimov, and Jake Allen, among others. There are a lot of other, less-obvious “let’s take this off your hands” considerations. Check out Cap Friendly’s list if you want to dive down that rabbit hole.

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As you can see, plenty of contenders have contracts they should try to get rid of, and rebuilding teams should capitalize on these situations.

Interestingly, there are fascinating ideas if rebuilders would take on even more than a year or two of baggage. Would it be worth it to ask for a lot for, say, James Neal, particularly if they think Neal might be at least a little better than his disastrous 2018-19 season indicated? Might someone extract a robust package while accepting Milan Lucic‘s positively odious contract?

It’s easier to sell the one or two-year commitments, which is why this post focuses on those more feasible scenarios. Nonetheless, it would be fun for the armchair GMs among us to see executives get truly creative.

Should your team seek these trades out? What level of risk is too much to stomach? Do tell in the comments.

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.