Braden Holtby

Getty Images

Sabres make big strides this offseason, may not be done yet

4 Comments

It’s tempting to call the Henri Jokiharju trade the cherry on top of a delicious offseason sundae for the Buffalo Sabres, but GM Jason Botterill can’t quite desert his office just yet, as his work might not be done yet.

Here’s a delicious thought, though: the Sabres would be massively improved even if Botterill did decide to close up shop and spend the rest of the summer reclining and sipping cocktails.

[ProHockeyTalk’s 2019 NHL free agency tracker]

Loading up on the right

Really, you can go back to the 2018-19 season to see the Sabres getting proactive about improving their defense, the team’s most glaring weakness. Botterill really started the party by snagging Brandon Montour from the Anaheim Ducks in February, and continued his trend of trading for interesting right-handed defensemen talent by getting a bargain for Colin Miller, then making what looks like a lucrative trade in receiving Jokiharju for struggling prospect Alex Nylander.

Jokiharju, Miller, and Montour could set up a glut on the right, as they’re joined by beat-up blueliner Zach Bogosian, Casey Nelson, and hypothetical trade generator Rasmus Ristolainen. You can basically set your watch to Ristolainen rumors cropping up, either when Buffalo adds a right-handed defenseman, or even if they just add money. Or maybe get out of bed in the morning.

The logic is simple enough. Ristolainen is, in many ways, a lot like former Sabres defenseman Tyler Myers. Ristolainen and Myers are both very tall, and they both signed contracts after a spike in production, only to slide rather than continuing to climb afterward (in Myers’ case, the shaky contract he signed way back when with the Sabres just expired).

Ristolainen is 24, and his size and respectable skill could make him intriguing to front offices that … well, frankly, don’t really look very deeply into a wide variety of numbers. If it weren’t for lousy plus/minus stats, Ristolainen would check every “traditional” box (four consecutive seasons of 40+ points, big ice time averages), while looking far worse in fancier ones. Take these RAPM charts from Evolving Hockey, which paint the picture that Ristolainen doesn’t bring a lot of value beyond the power play, and you’ll maybe begin to understand why analytics-minded Sabres fans are anxious for Buffalo to trade Ristolainen while there are at least some NHL front offices who still believe in him:

Again, a significant subset of people – analytics folks, plenty of Sabres fans, and those who meet in the middle of that Venn Diagram – have been clamoring for the Sabres to trade Ristolainen for some time, but this summer’s set of moves makes such arguments more credible than ever.

That’s because …

More help for Eichel, possibly with more help on its way?

One more top-six forward, by way of a Ristolainen trade, could really tie this roster together.

To Botterill’s credit, he’s deftly improved another problem area beyond that once-abysmal defense, as he’s given the Sabres more scoring options beyond “Hopefully Jack Eichel saves us.”

The most important first step was keeping the one true running mate that Eichel had, as they signed Jeff Skinner to a monster contract. While you could argue quite fairly that it’s an overpay overall, I’d also rank it as a necessary evil.

But, again, the Sabres’ 2018-19 season showed that they need more than Eichel – Skinner, as powerful as that duo turned out to be. And now Botterill faced the challenge of adding support without breaking the bank, as Eichel + Skinner = $19M in combined AAV.

You know what? Botterill’s done really well in that regard, too.

Jimmy Vesey isn’t a world-beater, but the Sabres courted him for a while, and now they have him for cheap. Vesey and 2018 summer acquisition Conor Sheary rank as the sort of forwards who won’t revolutionize your lineup, but could nudge you toward competence. It doesn’t hurt that both Sheary and Vesey will have the added motivation of contract years, either.

Marcus Johansson might be my favorite recent forward addition, if not favorite single add overall. The Sabres sat out the most frenzied part of free agency, and were rewarded for showing even just a modicum of patience. A few days after July 1, Buffalo added Johansson for an AAV of just $4.5M, and mitigated most of the health-related risks by only giving him two years of term. Splendid stuff, especially since the winger gets a chance to sign a more robust deal if he can deliver during the next two seasons.

That’s all good stuff; now imagine if Buffalo gets greedy.

Again, people get excited about the idea of Ristolainen being traded, as he’s prominent enough to be part of a blockbuster, as his $5.4M cap hit is both movable and large enough to be part of a hefty deal.

Sabres fans should salivate at some of the names thrown out there, as they could provide that one extra piece that truly rounds out a top-heavy offense into being nicely balanced.

Die By the Blade trots out two interesting scenarios with the Winnipeg Jets: perhaps the Jets would cough up transition machine Nikolaj Ehlers for Ristolainen. If not, what about the intriguing combination of young Jack Roslovic and analytics darling Mathieu Perreault? The Jets have been willing to shrug their shoulders at analytics before (see: Myers, Tyler), so after losing Myers and Jacob Trouba, maybe they’d want Ristolainen?

Ehlers, in particular, excites as a buy-low trade, but he’s not the only option.

Honestly, I was half-joking here, yet if the Oilers would bite on Ristolainen for Ryan Nugent-Hopkins trade, poor Edmonton fans might get another taste of Peter Chiarelli-style blunders even after Chiarelli’s been replaced by Ken Holland.

Basically: the Sabres could move from what’s suddenly a position of strength to pull the trigger on a Ristolainen deal, and maybe get a top-six forward who simply brings more to the table, at a comparable cap hit. If it’s Ehlers, that player could pan out and bring a lot more to the table than Ristolainen, who profiles as a deeply flawed player.

To be continued?

All of that said, if the right deal doesn’t sprout up for Ristolainen, the Sabres may also look at next summer as the true feeding frenzy.

The Athletic’s John Vogl paints quite the picture (sub required) of the Sabres courting potential free agents if they let certain expiring contracts fade, rather than re-signing people:

They can take Taylor Hall and Nicklas Backstrom to dinner on Delaware Avenue. Jason Botterill can sip mai tais on a Canalside tiki boat with Alex Galchenyuk, Tyler Toffoli, Torey Krug and Roman Josi. If the Sabres are feeling really frisky, they can wine and dine Matt Murray and Andrei Vasilevskiy.

Interesting stuff, and for all we know, Braden Holtby could also hit the market if the Capitals decide to roll that way with another cap crunch impending.

***

Even if the Sabres flip Ristolainen for that elusive top-six forward, they’d still need some things to break their way for this to feel like an immediate success.

Ralph Krueger needs to show that he won’t struggle coaching in the NHL after taking a truly unusual path back to the league, which included a lengthy detour with the Premier League. Botterill didn’t plunge into the goalie market, so they’ll hope for good work from Carter Hutton and RFA Linus Ullmark. It’s conceivable that they still might ask too much of Eichel, particularly if they can’t use Ristolainen for an upgrade. The Atlantic Division also looks formidable, with the Panthers at least spending like winners, along with the Lightning, Maple Leafs, and Bruins seemingly slated to make everyone else fight for wild-card scraps.

Overall, though, the Sabres improved immensely — and after the undeniable (but maybe unavoidable?) gamble on Jeff Skinner, they didn’t ruin their outlook in the longer term for the sake of short-term gains. By most accounts, they had a strong 2019 NHL Draft haul, to boot. Other teams looking to take those agonizing next steps from a rebuild to actual contention should take notes of what Buffalo did, and may still do.

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.

Capitals aren’t far from tough calls on Holtby, Backstrom, others

Getty Images
14 Comments

The Washington Capitals’ core has been together for so long, it’s tough to imagine any key names leaving this team.

While winning that first-ever Stanley Cup eases some of the tensions of a possible end of an era (or at least parts of an era), the Capitals aren’t far from potentially making some tough decisions. As in: tougher decisions than trading Alex Burakovsky for cap considerations, which probably wasn’t that easy to begin with.

Consider that star center Nicklas Backstrom‘s bargain $6.7 million cap hit expires after next season, as does that of remarkably reliable starting goalie Braden Holtby, who could see an enormous raise from his team-friendly $6.1M cap hit.

Even Alex Ovechkin‘s once-seemingly-eternal contract is nearing an end; the superstar sniper’s $9.538M cap hit runs out after 2020-21, one season after Holtby and Backstrom are up.

In all three cases, it’s conceivable that players might work with the Capitals to try to keep the band together. Ovechkin’s situation is pretty fascinating; he’s already 33, and his career earnings are already above $103 million, according to Cap Friendly. Maybe he’d take a small cut to chase Wayne Gretzky’s goals record, and perhaps more rings? Would he instead opt to leave North America altogether?

Those rank among the most interesting Ovechkin-related questions, yet they’re down the line.

Holtby, 29, and Backstrom, 31, are more immediate concerns, and both have been underpaid compared to what they’d make on the open market for years now.

All things considered, it’s in net where the most drastic changes might happen. Sergei Bobrovsky‘s seven-year, $70M mammoth of a contract could really raise the bar for goalies at Holtby’s level, which is something even Capitals GM Brian MacLellan acknowledges, as NBC Sports Washington’s J.J. Regan pointed out on Tuesday.

“It’s a comparable,” MacLellan said of Bobrovsky’s new contract. “It’s a peer and they look like pretty similar players. They’ve had similar success and Holtby’s had a Stanley Cup on his resume.”

Indeed, there are some striking similarities between the two; in fact, with Holtby being almost exactly one year younger that Bob, he’ll also be the same as Bobrovsky if Holtby hits the free agent market in 2020. Holtby’s career save percentage (.918) is right behind that of Bobrovsky (.919), and while Bob has enjoyed bigger regular season moments (two Vezina trophies to one for Holtby), Holtby’s been the clutch performer. That’s not just leaning on Holtby’s Stanley Cup win, either; few netminders in NHL history have delivered in the postseason quite like Holtby has, as his career playoff percentage is a brilliant .928.

Really, the more you compare Holtby with Bobrovsky – and the other richest goalies in the NHL, like top earner Carey Price and his $10.5M cap hit – the more anxious the Capitals should get. It’s probably fair to even deem Holtby a touch bit underrated, and certainly underpaid.

Yet, the Capitals might not have the stomach to hand a lengthy, long-term investment in an aging goalie like Holtby. The Florida Panthers made a major gamble with Bobrovsky due in some way to desperation, and deep down, the Montreal Canadiens would take a mulligan on that Price deal, if they could.

Simply put, the aging curve is unkind to goalies, too. Maybe some goalies age better, at least based on past stars, but with skill and speed increasing at a high rate in the NHL during the past few seasons, it’s possible that goalies won’t be much luckier in battling Father Time than snipers or power forwards.

As Regan explores in-depth, the Capitals also have an appealing Plan B. Ilya Samsonov is a promising young goalie at age 22, and the pedigree of a first-round pick (22nd overall in 2015). While goalies are notoriously difficult to forecast, Samsonov generally draws positive reviews from those who watch prospects as a passion. Samsonov’s small sample size of AHL games hasn’t been world-beating yet, but his KHL numbers check out, so there’s a chance that he emerges to such a degree that the Capitals decide to go with a younger, cheaper option.

Overall, it seems like 2019-20 has the potential to make a big impact on that decision … although there’s at least the chance of an extension before that drama builds.

Back in May, Holtby said he would love the idea of signing an extension, as Regan reported.

“I would love that,” Holtby said. “That’s not something that I’m going to try and dwell on or whatever. I’m pretty realistic about what goes on in the business and such. My focus is going to be to put in everything I can this summer to make sure I’m ready to help this team win next year. Everything outside of that you let sort itself out. But it’s pretty clear that I love it here and love this team and the city, but that’s the motivation to work hard and make sure that I do everything I can to make sure we stay here.”

[ProHockeyTalk’s 2019 NHL free agency tracker]

While most players say they love where they’re playing, it doesn’t hurt to hear Holtby say that he would prefer to stay. In the case of Bobrovsky and the Florida Panthers, Bobrovsky is heading into an uncertain (though sunny) situation, with a franchise that has been mired in irrelevance for decades.

Also: having two promising, if very different, goalie options to choose from for the future is the sort of “problem” most NHL teams would love to have.

Either way, it will be interesting to find out if the Capitals pay up to keep Holtby, go bold and cheap with Samsonov, or find some sort of compromise (like Pekka Rinne slowly passing the torch to Juuse Saros in Nashville?).

It will also be interesting to find out if the Capitals end up regretting certain previous bets. That’s unlikely to happen anytime soon with Evgeny Kuznetsov (27, $7.8M through 2024-25) and John Carlson surprised some with how emphatically he lived up to his raise to $8M (through 2025-26). But they took a serious risk with T.J. Oshie, in particular, as he’s already 32, yet his $5.75M AAV won’t expire until after the 2024-25 season.

If the Capitals are able to sign Holtby, Backstrom, and Ovechkin after their current deals expire, it might mean having to make other painful changes.

A lot can change between now and when they truly need to make those calls. After disappointing GMs with a modest bump to $81.5M for 2019-20, it’s possible that the ceiling could lift to unexpected heights for 2020-21, and so on.

Here’s advice to Capitals fans, then: cherish this next season, because it’s possible that this team is nearing a time of significant changes.

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.

Trade: Avalanche buy low on Burakovsky from Capitals

Getty Images
4 Comments

The Colorado Avalanche are aggressively attempting to improve as a team on the rise. The Washington Capitals are trying to stay at a high level while navigating salary cap challenges. If that strikes you as a perfect combination for a trade, then you’re right.

The two teams made an interesting splash on Friday, as the Capitals sent the rights of intriguing forward Andre Burakovsky to the Avalanche for what amounts to a couple picks.

Here’s the exchange, confirmed by the Capitals:

Avalanche receive: Burakovsky, 24, who is an RFA. The Capitals extended a $3.25 million qualifying offer to Burakovsky earlier this week, so we’ll see where a final deal might land once Colorado gets cracking.

Capitals receive: 2020 second-round pick (Colorado’s pick), 2020 third-round pick (Arizona’s pick, which was part of the Carl Soderberg trade), and unsigned free agent forward Scott Kosmachuk.

Frustrations, and limitations, for Capitals

A bit more than a week ago, Capitals GM Brian McClellan discussed Burakovsky’s struggles in 2018-19, while also saying he’s a good player, as NBC Sports’ Brian McNally reported.

“Andre had a frustrating year this year, but I think he finished it up well,” MacLellan said. “I think from the trade deadline on, I thought he had a good playoffs. We like the player. There’s been some inconsistencies there, but when he’s on his game, he’s a good player.”

One could see where Washington was getting a little frustrated with Burakovsky.

[ProHockeyTalk’s 2019 NHL free agency tracker]

After generating 22 points in just 53 games as a teenage rookie in 2014-15, Burakovsky enjoyed his peak years in 2015-16 and 2016-17, scoring 38 and 35 points respectively.

Injuries have been an issue at times, making 2017-18’s 25 points easier to stomach, as Burakovsky was limited to 56 games played.

It must have been irritating to see his stats stagnate at 25 points in 76 games this past season, though. Most obviously, you could see the lost patience in Burakovsky in his ice time, as it slipped all the way down to just 11:08 per game in 2018-19 after he was a pretty steady 13+ minute per night guy before.

With the Capitals in a tight cap situation (Cap Friendly estimates $9.235M of room with 17 roster spots covered), and some big expenditures looming with Braden Holtby and Nicklas Backstrom about to enter contract years, this ultimately might have been necessary surgery for Washington. Especially if, frankly, Burakovsky was never really going to get out of the doghouse.

Still, Caps fans have room to wonder: could they have gotten more for Burakovsky if they acknowledged the inevitable and moved him during the trade deadline? This is … not exactly the strongest return for a player with such potential and pedigree (23rd overall in 2013). Especially if you compare that to, um, other not-so-great trades.

Is it too simplistic to say that Burakovsky ultimately “lost out” to Jakub Vrana, another fine first-round find the Capitals managed despite being a regular contender? To some extent, it will feel that way, as there were only so many prominent spots to earn on a Capitals club with entrenched forwards like Alex Ovechkin, Backstrom, Evgeny Kuznetsov and T.J. Oshie already (justifiably) claiming big minutes.

Avalanche are rising, but will have a busy summer

In case it wasn’t clear, I love this trade for the Avalanche.

It reminds me of the New Jersey Devils exploiting the Capitals’ previous cap troubles to land Marcus Johansson, so here’s hoping that Burakovsky — someone who’s dealt with injury challenges — will enjoy better health luck than Johansson had in New Jersey.

One can picture Burakovsky really taking off if given the minutes and opportunities he struggled to gain with Washington.

Again, aside from 2018-19, Burakovsky generated strong possession numbers, and his scoring totals are quite good when you realize that his ice time was usually pretty modest. Could he take off if the Avalanche use him as a much-needed supporting scorer behind the mega-line of Nathan MacKinnon, Mikko Rantanen, and Gabriel Landeskog? Perhaps Burakovsky could even ascend to the top line so the Avalanche can enjoy better lineup balance? The possibilities are pretty dazzling.

One way or another, the Avalanche aren’t done yet.

For one thing, they figure to have the cap space to land a much bigger fish. In a lot of ways, they’re the snazziest landing spot for superstar Artemi Panarin, although we’ll have to see if the stars align (particularly, if Panarin prefers skiing to suntanning in, say, Florida?).

Beyond that, the Avalanche have some contracts to hash out. Burakovsky is an RFA with arbitration rights, while Rantanen could cost Colorado eight figures, depending upon how his negotiations play out.

Getting those contracts right won’t be simple, yet it’s still easy to see the Avalanche making big strides this offseason. Considering how they dominated the West’s top seed in the Flames in Round 1, and pushed the Sharks to the limit in Round 2 even before making upgrades — and considering how they were one of the biggest winners of the 2019 NHL Draft — the sky seems to be the limit for this Avs team.

Consider smart deals like this one for Burakovsky as jet fuel for such a rise, then.

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.

Sharks re-signing Karlsson sets table for busy NHL offseason

Erik Karlsson had no wanderlust to test the free agent market before re-signing in San Jose.

”I never thought outside that box,” Karlsson said. ”I’m happy that it didn’t get to that.”

A handful of other teams aren’t so happy because the two-time Norris Trophy-winning defenseman would have been the best unrestricted free agent available. Karlsson signing a $92 million, eight-year contract with the Sharks is the first big off-ice development since St. Louis won the Stanley Cup because of all the ramifications it could have on the NHL offseason.

With Karlsson off the board, any team looking for a No. 1 defenseman has to either hope veteran Alexander Edler doesn’t re-sign with the Canucks and win that bidding war or go the trade route. Salary-cap concerns for San Jose, Washington and a handful of other Cup contenders could open the door to some significant player movement even before free agency starts July 1.

”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,” San Jose’s Doug Wilson said Monday. ”There’s so much competition, especially for the high-end player. … There’s a lot of things going on.”

Less than 24 hours after Karlsson signed, the dominoes began to fall.

Karlsson was linked to the New York Rangers and Tampa Bay Lightning, and it took less than 24 hours for the first direct responses to him re-signing with the Sharks. New York on Monday night acquired defenseman Jacob Trouba from the Jets, and Tampa Bay on Tuesday re-signed veteran Braydon Coburn to a $3.4 million, two-year deal – cap space it likely would have needed for Karlsson if he was available.

San Jose needed to clear room and did some of that by trading defenseman Justin Braun and his $3.8 million cap hit to Philadelphia for a 2019 second- and 2020 third-round draft pick.

The trade talk is just heating up ahead of the draft Friday and Saturday in Vancouver. Pittsburgh’s Phil Kessel, Evgeni Malkin or Kris Letang and Nashville’s P.K. Subban are among the high-profile players who could be on the move.

”There’s lots of things on the go,” Winnipeg GM Kevin Cheveldayoff said. ”It’s probably an unprecedented time of conversation.”

Many of the moves that come from those conversations will set the table for free agency, where Columbus winger Artemi Panarin, center Matt Duchene and goaltender Sergei Bobrovsky are the top three players available.

Toronto defenseman Jake Gardiner, Dallas winger Mats Zuccarello, Islanders winger Anders Lee, Sharks forward Joe Pavelski, Bruins winger Marcus Johansson and Hurricanes winger Micheal Ferland are among the other possibilities. The salary cap is expected to increase by $3.5 million to roughly $83 million, and money will be spent.

”It’s a pretty good class this year,” Colorado GM Joe Sakic said. ”(We) already have targeted players in mind if they become available that we’ll want to talk to about joining our club. We see positions of need, of what we’re looking to do. There’s a few guys we’re going to want to talk to if they become available. We’ll be more aggressive this year with that, but if it doesn’t work out with the players we want to talk to, we’re not just going to go spend on anybody.”

Sakic’s Avalanche have the most projected cap space in the league with $36 million, according to PuckPedia . The Flyers and rival New Jersey Devils, New York Rangers and Islanders will also have cap space to burn and a need for an elite defenseman or two.

”They’re not easy to find,” Philadelphia GM Chuck Fletcher said. ”Certainly, if we can find a guy that can play in our top four that we’d have the ability to acquire, we’ll certainly look at it.”

BUT FIRST, THE DRAFT: New Jersey is widely expected to select American center Jack Hughes first overall, leaving Finnish winger Kaappo Kakko for the Rangers.

”Obviously one team’s going to indicate to us exactly how it might go for the rest of the draft,” Rangers GM Jeff Gorton said. ”I think we’re in a good spot. We know that we’re going to get a really good player no matter what happens to us.”

Chicago picks third and will get a nice boost to aid its turnaround after missing the playoffs the past two seasons.

BITE OUT OF SHARKS: Committing $11.5 million a year to Karlsson cuts significantly into San Jose’s offseason maneuvering with Pavelski, Joe Thornton, Gustav Nyquist and Joonas Donskoi set to be unrestricted free agents and emerging star Timo Meier needing a new contract as a restricted free agent.

”Under a cap system, choices and decisions need to be made,” Wilson said, not ruling out bringing back Pavelski and others. ”I don’t think anybody should rush to conclusions on anything. There’s many ways to accomplish different things.”

RUSSIAN PACKAGE DEAL: Panarin and Bobrovsky played together with the Blue Jackets for two seasons and are hitting free agency at the same time. When Panarin switched agents to be represented by Bobrovsky’s agent, Paul Theofanus, it raised eyebrows that the Russian countrymen might want to go to the same team.

With some creative roster work, the Florida Panthers could be the ideal landing spot for Panarin and Bobrovsky and go from close to the playoffs to real contenders.

CAPITALS CONCERNS: Even though Alex Ovechkin and the Capitals are no longer reigning Cup champions, winger Carl Hagelin insisted he wouldn’t have signed an $11 million, four-year contract with them if he didn’t think they could win it again over that time. To do so, GM Brian MacLellan will have to navigate a difficult cap situation around pending free agent winger Brett Connolly and restricted free agent Andre Burakovsky and knowing deals with center Nicklas Backstrom and goaltender Braden Holtby expire next summer.

”I hope (Connolly and Burakovsky are) still here,” Hagelin said. ”But at the end of the day, Conno, he’s a UFA so it’s up to him what he wants. You understand if a guy tests the market to see what’s out there. But I hope both of those guys come back.”

AP Sports Writers Pat Graham and Josh Dubow contributed to this report.

Follow AP Hockey Writer Stephen Whyno on Twitter at https://twitter.com/SWhyno

More AP NHL: https://apnews.com/NHL and https://twitter.com/AP-Sports

Capitals face tough salary cap questions after re-signing Hagelin

Getty Images
8 Comments

The Washington Capitals made a shrewd move in trading away Matt Niskanen for Radko Gudas, as the deal made Washington younger, cheaper, and possibly even better on defense. They used some of that newfound cap space to re-sign Carl Hagelin on Sunday, but the deal makes you wonder who might get lost in the salary cap shuffle.

First, the deal: the Capitals signed Hagelin, 30, to a four-year contract worth $11 million, which clocks in at a $2.75M cap hit.

The Capitals acquired Hagelin in a trade from the Los Angeles Kings that costs Washington its 2019 third-rounder (89th overall, via Cap Friendly). There was a conditional sixth-rounder, but the conditions were not met.

Hagelin’s speed and possession game proved to be a very nice fit for the Capitals, although his already declining offense may only sag more if the Swede hits the aging curve hard.

Hagelin went from the Penguins to the Kings, and then the Kings to the Capitals this season. He generated five goals and 19 points over 58 regular-season games, with his best work coming in Washington (three goals, 11 points in 20 games). Hagelin only managed an assist during Washington’s seven-game Round 1 series against the Hurricanes.

At this point in his career, it’s not as much about the points. Instead, it’s about Hagelin’s foot speed and overall play, two factors that are clearly very appealing to the Caps.

Overall, this is a reasonable deal, albeit with some concern over term.

The other concern, again, is who might this push out of Washington? Even with the considerable money savings from getting rid of Niskanen’s $5.75M for Gudas ($2.345M after Philly retained some salary), the Capitals have some decisions to make.

According to Cap Friendly, the Capitals have about $10.736M in cap space remaining, at least if the ceiling ends up being $83M. (Sportsnet’s Elliotte Friedman reports that there are at least some rumblings about it being closer to $82M, depending upon how escrow works out.)

The Capitals’ $72.264M in spending goes to 17 roster spots, and there are some substantial players who need new deals, or will hit the free agent market.

RFAs

UFAs

Things have been tumultuous with Burakovsky, but the 24-year-old is a nice talent. Would the Capitals lean toward moving his rights, or try to find a bridge deal?

The Capitals at least have Burakovsky as an RFA, although he is arbitration-eligible. The tougher situation might be with Connolly, who would be a UFA at 27. Connolly’s shown why he was a first-rounder (sixth overall by the Lightning in 2010), as he scored 22 goals and 46 points in 51 games last season. Those numbers are strong out of context, but they’re remarkable when you realize that Connolly only averaged 13:20 TOI per game in 2018-19.

For some context, Connolly generated 2.66 points per 60 minutes at even-strength this season, according to Natural Stat Trick. Connolly’s points-per-minute rate was the 18th-best in the NHL this past season for players who logged at least 100 minutes, better than Evgeny Kuznetsov (2.47) and Alex Ovechkin (2.39).

(Interestingly, Hagelin is the only Capitals player who generated a better rate, at least if you limit it to the 20 games he played with the Capitals, as Hagelin scored 2.72 points-per-60.)

So, more than worries about Hagelin aging – which will happen, but we’ll see how detrimental that process will be – the real misgiving would be wondering who can’t stay because Hagelin stayed put.

To be clear, this doesn’t mean that Hagelin means no Connolly, or no Burakovsky. It’s plausible that Connolly, in particular, was going to be a luxury Washington would need to say goodbye to, no matter what. Sometimes that’s just the painful reality of the salary cap era.

Still, Hagelin’s taking up $2.75M from 2019-20 through 2022-23, so it does cost Washington that much space.

Overall, the Capitals’ situation remains challenging, and it really solidifies the thought that they really needed to part ways with Niskanen. Not only did they go cheaper for 2019-20, but Gudas’ contract runs out after next season, while Washington would have been on the hook for Niskanen at $5.75M through 2020-21.

That’s highly important, because two prominent Capitals enter contract years in 2019-20: Braden Holtby (29, $6.1M) and Nicklas Backstrom (31, $6.7M).

Unless the Capitals have something bold planned, such as a rather severe leap from goalie prospect Ilya Samsonov, you’d think both Holtby and Backstrom would be getting big raises.

So that makes a difficult situation even more complicated, as the Capitals don’t want to tie up too much money when those bargain contracts are coming up. Heck, even Alex Ovechkin’s situation will be something to watch, as the 33-year-old’s seemingly eternal $9.54M cap hit runs out after 2020-21.

In other words, the Capitals provided an answer by re-signing Hagelin, but they have plenty of other, tougher questions lingering, and by opening that window, they might have closed a door for another would-be player.

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.