Loui Eriksson

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.

Long-term outlook for Vancouver Canucks

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With the 2019-20 NHL season on hold we are going to review where each NHL team stands at this moment until the season resumes. Here we take a look at the long-term outlook for the Vancouver Canucks.

Pending Free Agents

The Core

The Canucks must lock down some key players (and make important decisions) soon.

Most importantly, both Elias Pettersson and Quinn Hughes see their entry-level contracts expire after 2020-21. The Canucks’ long-term flexibility may hinge on how much each player costs. It will be interesting to monitor those situations. Could Vancouver convince either of them to sign extensions as early as the 2020 offseason? Either way, how much of the salary cap will each rising star take up?

While the Canucks have Brock Boeser signed to a team-friendly deal, that will also be up after 2021-22.

So, while there are core pieces in place, we haven’t fully understood the cost of many pieces.

There are some players locked down to medium term, however. Both Bo Horvat and J.T. Miller are signed through 2022-23, and quite affordable at a combined AAV of $10.75M. Tyler Myers ($6M AAV through 2023-24) seems like less of a positive, but for better or worse, he’s slated to be a part of the core.

Myers presents a neat transition to the bad news: Vancouver has some flab on its salary structure. There’s dead money devoted to the Roberto Luongo salary recapture, Ryan Spooner buyout, and to some extent, Sven Baertschi.

Yet, the brighter side is that the Canucks can transition shaky money to rising stars. Brandon Sutter‘s $4.375M AAV can be put toward Pettersson and Hughes after 2020-21. A whopping $12M (Loui Eriksson, Jay Beagle, and Antoine Roussel) comes off the books in time to re-up Brock Boeser … and so on.

So, it’s pretty easy to see a solid situation getting better.

[PHT Power Rankings: Where do Canucks rank among best and worst long-term outlooks?]

Long-term needs for Canucks

That said, it’s crucial for GM Jim Benning to have more success in free agency — even if it means simply abstaining from spending.

Will the Canucks feel the urge to break the bank to make Tyler Toffoli more than a rental? Will they give 30-year-old defenseman Christopher Tanev a risky contract?

In particular, key decisions await in net. Jacob Markstrom is a pending UFA, while intriguing 24-year-old goalie Thatcher Demko is only covered through 2020-21. Should the Canucks keep one or both around?

It will be crucial to surround Pettersson, Hughes, and Boeser with supporting talent. So far, it seems more likely that Benning will find some help in the draft and via trades than in free agent spending.

Whether things worked out (Miller) or didn’t (Myers), it seems like Benning was impatient when it came to pushing this team along its winning curve. The Canucks will be without either their 2020 or 2021 first-rounder, and also don’t have their second-rounder for 2020.

The Canucks need a lot of help on defense, and are also pretty top-heavy on offense. Addressing those needs will be key to take the right step. In that regard, Benning’s mixed leaps with stumbles.

Long-term strengths for Canucks

Trading away Tyler Madden in the Toffoli deal hurts the Canucks’ prospect depth, but there’s some definite intrigue, particularly in Nils Hoglander and Vasili Podkolzin.

If any of those prospects really blossom — Olli Juolevi, anytime now — then the Canucks could really be onto something.

That’s because they already boast an enviable assortment of young talent. Elias Pettersson keeps setting the bar higher, and he’s only 21. Quinn Hughes is tantalizing at 20. Boeser (23) and Bo Horvat (25) both stand in the meat of their prime years. Miller isn’t ancient by any means, either, at 27.

We’ve seen a Canucks offense that can be explosive at times, and Markstrom’s hovered around elite quite a bit.

If you want to be a downer, you might focus on the Oilers boasting an even better top end with young stars in Connor McDavid and Leon Draisaitl. Beyond that, though, the Canucks also seem likely to be a fixture in a Pacific Division that could feature some rough teams at the bottom.

There’s a lot to like with the Canucks. We’ll see if Benning can push the right buttons to bring them up yet another level.

MORE ON THE CANUCKS:

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.

Biggest Vancouver Canucks surprises and disappointments

With the 2019-20 NHL season on hold we are going to review where each NHL team stands at this moment until the season resumes. Here we take a look at the surprises and disappointments for the Vancouver Canucks.

“Even better than expected” surprises for the Canucks

With the Canucks, good players often turned out very good in 2019-20. Delightfully very good players sure looked truly great.

Take, for instance, J.T. Miller leading the Canucks in scoring with 72 points. Many of us believed that Miller was a very, very nice winger with the Rangers and Lightning, but he exceeded just about all expectations.

Quinn Hughes managed similar feats. If you want to start a weird fight on Twitter, argue about Hughes vs. Cale Makar for the Calder Trophy. Simply put, though, Hughes being this good this fast was a pleasant surprise. Yes, we were expecting big things, but Hughes escalated that conversation.

Pettersson deserves his own section

Most of all, Elias Pettersson isn’t just a star. It’s fair to call him a superstar. You might not get that right away from good-but-not-top-level scoring this season (66 points in 68 games), but he’s a huge catalyst for Canucks success.

Take, for instance, the gap between Pettersson and every other Canuck on this xGAR chart from Evolving Hockey:

But, this isn’t about damning with faint praise, because Pettersson ranks among the best in the NHL if you look at the league overall by that same metric:

Impressive stuff, especially since Pettersson ranks second overall if you look at GAR, instead of its expected counterpart. Translation: he’s fantastic, and worthy of at least some Hart Trophy rumblings.

Pettersson wasn’t the only Canucks player who played a huge role in keeping the team in playoff contention, even with a flawed roster, and Brock Boeser missing time with injuries. Jacob Markstrom‘s .918 save percentage only tells part of the story about his value as the Canucks’ last line of defense.

But from propelling teammates such as Miller and powering a potent power play, Pettersson’s further ascent ranked as the most pleasant surprise for the Canucks.

Canucks disappointments revolve around free agency

Over time, Jim Benning’s looked like a more capable GM than we first realized. Certainly more than funny facial expressions and early memes suggested.

Really, it makes you wonder where the Canucks would be if they hid the checkbook from Benning around July.

Scroll back up to that first chart, and you’ll see plenty of regrettable signings ranked toward the bottom. Signing Jay Beagle and Antoine Roussel ranked as perplexing to many of us when the moves happened, and those decisions don’t seem much wiser today. It sure doesn’t look like Tyler Myers was worth the big money, either.

(And making more than a passing mention of Loui Eriksson just feels cruel.)

With Markstrom headed for a raise as a UFA, and that unfair $3M+ per year Roberto Luongo recapture penalty on the books through 2021-22, it’s fair to wonder how much year-to-year room the Canucks will enjoy to make a solid team something truly outstanding.

Pettersson and others are so good that they can create more Canucks surprises, but it would be better if they had more help.

MORE ON THE CANUCKS:
2019-20 season summary
Long-term outlook

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.

PHT Morning Skate: Captain Couture; Blues ready to defend Cup

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Welcome to the PHT Morning Skate, a collection of links from around the hockey world. Have a link you want to submit? Email us at phtblog@nbcsports.com.

Logan Couture is the new captain of the San Jose Sharks. [NBC Bay Area]

• Time for the St. Louis Blues to “charge back up the hill” and defend the Stanley Cup. [Post-Dispatch]

Blake Wheeler on how the Winnipeg Jets’ pursuit of the Stanley Cup affected him: “I was disappointed for the first time in myself after last year not because we didn’t win the Stanley Cup. I lost touch with myself as a dad, as a husband, first and foremost, because I invested so much into trying to win. Everyone was talking about this is our year to win and I felt like we had a real opportunity to win and when I was home, that’s where I was – I was trying to win the Stanley Cup.” [TSN]

• Why the Mitch Marner contract drama isn’t as complicated as it seems. [Pension Plan Puppets]

• Edmonton Oilers GM Ken Holland is in no rush to trade Jesse Puljujarvi until he gets the right offer. [Edmonton Journal]

Loui Eriksson says his comments that he and Vancouver Canucks head coach Travis Green don’t get along were “overblown.” [Vancouver Sun]

• Bruce Boudreau and his players are confident the Minnesota Wild can pull off a turnaround this season. [Star Tribune]

• How Kevin Shattenkirk and Patrick Maroon can play positive roles on the Tampa Bay Lightning power play. [Raw Charge]

• Great read on Detroit Red Wings prospect Jalen Smereck and his complicated relationship with hockey and home. [The Score]

• Brady Keeper became the first member of the Pimicikamak Cree Nation to sign an NHL contract last season with the Florida Panthers. He’s confident heading into his first training camp. [NHL.com]

• No matter what happens this season is a win-win for the New York Rangers. [Gotham Sports Network]

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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.

Avalanche’s biggest question: How much will they miss Ryan O’Reilly?

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If the contract Ryan O’Reilly signed with the Buffalo Sabres is any indication, the Colorado Avalanche traded away a pretty good player this offseason.

O’Reilly’s stats are a pretty good indication, too. Still just 24 years old, he was the Avalanche’s third-leading scorer last season with 55 points in 82 games. On top of that, he killed penalties and won 53.4 percent of his faceoffs.

No wonder the Avs didn’t want to make this trade. They repeatedly stated their intention was to re-sign O’Reilly. Ultimately, however, his contract request included “numbers that we just didn’t go to,” according to GM Joe Sakic.

In return for O’Reilly, the Sabres sent the Avs defenseman Nikita Zadorov, forwards Mikhail Grigorenko and J.T. Compher, plus a draft pick. All three of those players are young, and it would be unreasonable to expect any of them to make a significant impact next season.

That’s why the Avs acquired Carl Soderberg from Boston and promptly signed him to a five-year pact worth almost $24 million. The plan is for the 29-year-old Soderberg to center Nathan MacKinnon and Gabriel Landeskog, just like O’Reilly did.

But whether Soderberg can play to O’Reilly’s level remains to be seen. Last year with the B’s, he had 44 points in 82 games, skating mostly with Loui Eriksson and Chris Kelly. With all due respect to those two veterans, MacKinnon and Landeskog represent an upgrade in linemates. Hence, Soderberg’s excitement at signing up for the opportunity.

It’s all the other stuff O’Reilly did, beyond putting up points, that Soderberg may not be able to replace.

Said Sabres GM Tim Murray upon giving O’Reilly that big contract extension: “It’s not easy to find a player who, at his age, is already established in the league as someone who plays a complete game and makes his teammates better. When we acquired him, we viewed him as someone who could immediately improve our roster, but was still young enough to make an impact for several years to come.”

Related: Mikhail Grigorenko is looking to make the leap