Karl Alzner

NHL Power Rankings: Off-season buyout candidates

Monday would have marked the latest day that the NHL’s buyout period would open. Per the CBA, the window begins 48 hours after the Stanley Cup is awarded or “the later of June 15.”

Well, since this season is like no other, we won’t be seeing Commissioner Gary Bettman handing out the Cup until the fall — if that even happens at all.

The financial implications of the COVID-19 shutdown will have a major affect on the NHL’s salary cap going forward. Before the pause, it was believed that the 2020-21 cap ceiling would rise to between $84-$88.2 million. Now? It may remain at $81.5 million, squeezing some teams who have money committed and more extensions to give out.

That will cause plenty of teams to get creative in trying to get under the ceiling and be able to ice a competitive roster. Compliance buyouts have been discussed but owners are reportedly against them. While keeping the compliance buyouts costs off your books may not be an option once the NHL’s regular business resumes, traditional buyouts will still remain a tool for teams to ease the pressure on their salary cap picture.

In this week’s Power Rankings we take a look at five players who would make for prime buyout candidates this off-season.

1. Karl Alzner, Canadiens: It has been not a fun ride for Alzner in Montreal since signing a five-year, $23.125M deal in 2017. Since cashing in during free agency, the 31-year-old defenseman has played 95 games over three seasons with the Canadiens. He’s played nearly as many (87) with their AHL affiliate in the last two seasons. Alzner has two years left on a contract that carries a $4.625M cap hit, which includes a $1.5M signing bonus due this off-season.

A buyout would put a heavy hit on the Canadiens’ cap for next season — $3,958,333M — but for 2021-22 that would go down to $1,958,333M and then $833,333 in the final two years. Montreal is already at $63M committed for next season and that doesn’t include extensions for restricted free agents Max Domi and Victor Mete.

2. David Backes, Ducks: The 36-year-old forward was part of that 2016 free agent class of forgettable contracts that featured the likes of Frans Nielsen, Milan Lucic, Andrew Ladd, Loui Eriksson, and Troy Brouwer. Backes’ production and ice time diminished over his four seasons in Boston as he battled through injury and an inability to find a consistent spot in the lineup. He moved on in February in a deal that sent Ondrej Kase to the Bruins.

Anaheim is attempting to trend towards youth, and while a Backes buyout won’t free up a large amount of cap room ($3M in 2020-21, $750K in 2021-22), the move would open up a roster spot and ice time for one of their younger players. It would also help a team that is currently tied to nearly $76M in cap space for next season.

3. Henrik Lundqvist, Rangers: The emergence of Igor Shesterkin has put Lundqvist’s future in New York in doubt. The 38-year-old netminder has one year remaining on his deal, which carries a pricey $8.5M cap hit. Considering the Rangers are in a transition phase and looking to get younger, getting out from Hank’s number would assist long-term in easing cap pain and helping continue to build for the future.

The Rangers spent big last summer, bringing in Jacob Trouba and Artemi Panarin. That’s put them with a little over $67M committed for next season. Due for extensions are RFAs Brendan Lemieux, Tony DeAngelo, Ryan Strome, and pending unrestricted free agent Jesper Fast. One more RFA who’s owed a new deal is goaltender and long-time piece of trade bait Alexandar Georgiev.

Buying out Lundqvist would mean $5.5M on the Rangers’ books next season, plus Shesterkin’s $925K and either a few million for Georgiev to be part of the picture or a cheap, veteran backup. New York’s cap picture in 2021-22 would see Lundqvist’s buyout hit drop to $1.5M.

Before any move happens with Lundqvist he has to agree to waive his no-move clause. GM Jeff Gorton could always seek a trade, but the goalie’s cap hit would make that difficult.

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4. Kyle Turris, Predators: Nashville has $72M committed for 2020-21 and it’s clear Turris’ place in their lineup has diminished. He’s been a healthy scratch at times and still has a $4M cap hit with him for the next four seasons. A buy out would put $2M on the Predators’ cap picture through 2027-28.

In a normal off-season there would always be the possibly of David Poile looking to dump Turris’ contract to a team looking to get above the cap floor. But that will likely not be an option for teams looking to unload money in a tight-cap world.

5. Loui Eriksson, Canucks: Part of that rich 2016 free agent class, Eriksson has not been able to recapture the scoring touch that saw him net over 25 goals four straight seasons in Dallas and hit 30 in his final year with the Bruins. In 245 games with the Canucks he’s scored only 38 times. If compliance buyouts were a thing, he’d be a no-brainer, but a regular buyout? That decision would be a tough one for GM Jim Benning.

Eriksson has two years left with a $6M cap hit per season. The Canucks would be stuck with $5,666,667M and $3,666,667M on their cap the first two seasons post-buyout before a more palatable $666,667 in the final two years. Right now they have almost $64M tied up for next season and have UFAs and RFAs to decide on like Jacob Markstrom, Tyler Toffoli, Jake Virtanen, Adam Gaudette, Chris Tanev, and Troy Stetcher.

As Benning navigates this off-season for his transitioning Canucks, he’ll more certainly be keeping an eye on the summer of 2022. That off-season is when Elias Pettersson and Quinn Hughes can become RFAs. Cap room will be needed to re-sign those two cornerstone pieces.

All salary cap data via the wonderful CapFriendly

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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.

Habs waive Alzner as rough season continues

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Last summer, Montreal Canadiens GM Marc Bergevin decided to open up the vault to sign free-agent defenseman Karl Alzner to a five-year, $23.125 million contract. Alzner struggled mightily in his first year as a Hab and he’s had a hard time getting into the lineup in year two. Less than a year and a half into this contract, the Canadiens have finally admitted that it was a big mistake.

The club has decided to place the veteran on waivers. The 30-year-old has one assist and a plus-2 rating in eight games this season, but his $4.625 cap hit through 2021-22 basically means no team will be willing to touch him. The move was necessary because Shea Weber (lower body) is getting set to return to the lineup this week.

The Canadiens need Alzner’s roster spot, which means he’ll be heading to AHL Laval if he clears waivers. Even with Alzner off the roster, Montreal is still carrying eight defensemen.

Alzner was brought to Montreal to replace Andrei Markov, who signed with the KHL, but that obviously hasn’t worked out too well for him or the team. According to Cap Friendly, buying out Alzner after this season would cost the Canadiens some dead money on the cap. It would cost the Habs between $1,069,444 and $4,194, 444 in cap penalties over the next six seasons.

Things will become even more interesting once Paul Byron, Nikita Scherbak, Noah Juulsen and Joel Armia are ready to return from injury. The Canadiens will have to make a trade or they’ll have to expose someone on waivers that they don’t want to lose.

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.

The Washington Capitals are up to their old tricks again

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The Washington Capitals are doing that thing again.

It seems every year they find a way to work themselves into the top spot in the Metropolitan Division. They’ve finished first in their division seven times out of the past 10 seasons and second twice. Only once — a fifth-place showing — have they been outside the top two during the past decade.

It’s become as predictable as it is remarkable.

And this year, at first glance, it’s sort of surprising.

Sure, Alex Ovechkin is still scoring, Nicklas Backstrom is still assisting and Braden Holtby is still stopping a lot of pucks.

But the Caps also took, what at least appeared to be at the time, a big hit on the backend over the summer.

Offensively, not much has changed (although they did lose Marcus Johannson’s 24 goals) but losing Karl Alzner and Kevin Shattenkirk to free agency and Nate Schmidt in the expansion draft left a sizeable hole to be filled on the blueline.

[Alex Ovechkin has never had a goal-scoring run like this]

Statistically speaking, they’ve also regressed from the numbers they put up last season when they amassed 55 wins.

They had the fourth best Corsi rating in the NHL last season, a statistic that made sense giving their winning prowess. Yet this year, with 21 wins, they sit 23rd in the category they dominated last season.

The same story plays out in expected goals, where they sat ninth last season yet are in 26th place now.

Analytically, a lot of their success this season doesn’t seem to add up, and yet they’ve won eight of their last 10 games and are currently on a three-game heater.

So why are they tied for first place in the Metro? There are a few answers to be had.

In the scoring department, several players have stepped up. Jakub Vrana has 10 goals in 33 games after three in 21 games last year and Tom Wilson is just three points shy of the 19 points he put up in 82 games last season. Brett Connolly and Alex Chaisson are also scoring at better rates and Washington sits eighth in five-on-five scoring.

What is also helping is their high shooting percentage.

At 9.22 percent, the Caps sit in fifth in the league, and their PDO, when you combine their shooting percentage and team save percentage, sits at 101.98, good for the third spot in the NHL.

And the Caps have proven they can keep that number high. Only two teams finished with over nine percent last season, and the Caps were one of them.

On defence, John Carlson and Dmitry Orlov have picked up the slack. The rookie third pairing of Christian Djoos and Madison Bowey is averaging 14 minutes a game and have been a solid addition.

And Holtby, is well, Holtby, which has been especially helpful given Philipp Grubauer‘s struggles to return to last year’s form so far.

So the Caps, for the most part, are in a good spot.

The biggest question that will surround the Caps, assuming they hold serve, is if they can replicate it in the playoffs.

Despite winning a slew of regular season games, the Capitals just can’t figure out how to do the same in April and May.

In nine of the past ten seasons they’ve made the playoffs, they’ve failed to even sniff the Eastern Conference Final, never mind a Stanley Cup final berth.

But that’s another story for another day, as it were.

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

Poll: Will the Caps miss Mike Green?

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Mike Green only averaged 19:06 of ice time last season, down more than three minutes from his previous season.

But that reduction wasn’t really a reflection of his play. It was the additions of Matt Niskanen and Brooks Orpik in free agency. There are only so many minutes to go around, and the Caps also had to give John Carlson and Karl Alzner their time.

Despite Green playing less, he actually saw his production increase, from 38 points in 70 games in 2013-14 to 45 points in 72 games last season. Only 15 NHL defensemen had more points than Green did. Shea Weber and Duncan Keith also had 45 points, and they played more games and received far more ice time.

But the Caps had to make a tough decision. If Green wasn’t a top-four d-man on their team, they couldn’t pay him like one. So he signed with Detroit for three years and $18 million.

Green’s departure leaves the Caps with a top four of Orpik, Carlson, Alzner and Niskanen, with a potential bottom pairing of 24-year-olds Dmitry Orlov and Nate Schmidt. (KHL veteran Ilya Nikulin could reportedly be on his way to D.C., too.)

OK, time to vote:

Related: John Carlson is under pressure

Mike Green, a pending UFA, says it’s ‘not about the money’

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Caps fans still holding out hope that Mike Green can be re-signed may be buoyed by what the 29-year-old defenseman had to say today.

“I want to win the Cup,” he said, per the Washington Post’s Alex Prewitt. “It’s not about money.”

Green, a pending unrestricted free agent, has been quite open about his desire to remain with the Capitals.

“My heart is in Washington,” he said in March. “It always will be until something else happens. My focus is here. My focus is winning a championship here and giving that to the fans. As an organization, that’s what we want as a team. I’m a part of that until the day I die or retire.”

Then, in April, Green called this season’s version of the Caps “by far the best team we’ve had overall.”

Alas, Washington fell short again in the playoffs. (Thanks in part to an ill-advised penalty by Green.) And with the Caps already committed to four blue-liners through at least 2016-17 — Matt Niskanen, Brooks Orpik, John Carlson, and Karl Alzner — unless Green is willing to provide a big discount, it remains hard to see him back next season.

Remember also that new contracts will be needed for pending restricted free agents Braden Holtby, Marcus Johansson and Evgeny Kuznetsov. And the Caps may try to re-sign UFA Joel Ward, too.

We don’t want to read too much into this, but one Capitals player was talking today as if Green would be moving on:

Green had 10 goals and 35 assists in 72 games this season.