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Rangers pay small price to watch Vesey for two more years

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During this time of year, you’re going to see plenty of modest, low-risk signings that usually work out nicely for the teams involved. To an extent, that’s just how restricted free agency works.

Of course, there’s also the notion that players and teams want to avoid salary arbitration hearings, as tears and hard feelings often happened as executives would sometimes ruthlessly argue against someone making extra money.

(Seriously, those discussions might as well have been sponsored by Kleenex.)

It’s nice when you can describe these deals as a win for both sides, and that seems to be the case as the New York Rangers agreed to a two-year “bridge” deal with forward Jimmy Vesey. The New York Post’s Larry Brooks reports that the cap hit will be $2.275 million per season.

All things considered, that’s perfectly fine.

Vesey, 25, hasn’t exactly justified the hype from “#VeseyWatch,” although considering how slow things can be around the time that sweepstakes heat up for unsigned college free agents, should we really complain?

Predators fans probably shouldn’t complain all that much about Vesey opting against signing with Nashville after they drafted him in the third round (66th overall) in 2012, as he hasn’t exactly been lighting the NHL on fire.

In 2017-18, Vesey scored 17 goals and 28 points in 79 games, numbers that were virtually identical to his 2016-17 stats (16 goals, 27 points in 80 contests). Considering that his highest TOI average was 14:20 per night so far during his NHL career, there’s some reason to believe that Vesey could be a more prolific scorer if given additional opportunities.

The problem is that possession stats indicate that the ice tilts in the wrong direction when Vesey is on the ice, though. He’s been a negative influence in that regard, even relative to Rangers teammates.

On the other hand, the Rangers’ issues were likely at least partially systemic, so Vesey could end up thriving thanks to a coaching change that sees David Quinn replace Alain Vigneault.

And that’s where this contract really makes a lot of sense.

The Rangers get to find out if Vesey should be part of the foundation for their rebuild. If not, the term is manageable and the price tag is very fair for a player who – for whatever faults – almost scored 20 goals despite marginal ice time.

From Vesey’s perspective, he gets a chance to prove that he’s worth a heftier, longer-term contract.

It’s all pretty sensible stuff. It’s up to Vesey to show that the Rangers should’ve tried to lock him down for more years, and also to silence anyone who might gripe about all the attention he received not too long ago.

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.

ProHockeyTalk’s NHL free agency tracker

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The NHL’s off-season is under way and with free agency beginning July 1 there will be plenty of action this summer. Check back here for all of the trades and signings that teams will be making in hopes of improving their chances at winning the 2018-19 Stanley Cup.

July 22
• Jets defenseman Jacob Trouba is awarded a one-year, $5.5 million contract in arbitration. (Link)

Brandon Tanev and the Jets agree to a one-year, $1.15 million deal. (Link)

July 21
Matt Dumba signs a five-year, $30 million extension with the Wild. (Link)

July 20
• Troy Stetcher and the Canucks agree to a two-year, $4.65 million extension. (Link)

July 19
Adam Lowry and the Jets come to terms on a three-year, $8.75 million extension, avoiding arbitration. (Link)

Madison Bowey re-signs with the Capitals. Two years, $2 million. (Link)

Derek Grant joins the Penguins on a one-year, $650,000 deal. (Link)

July 18
• Chris Tierney, San Jose Sharks avoid arbitration with a two-year deal with an AAV of $2.9375 million. (Link)

• The Edmonton Oilers sign their 2018 first-round pick Evan Bouchard to an entry-level deal. (Link)

July 17
• The Devils agree to terms with Blake Coleman on a three-year, $5.4 million deal (Link)

• A busy morning for Ray Shero also sees Stefan Noesen agree to a one-year, $1.725 million deal. (Link)

Ryan Pulock, Islanders agree to a two-year, $4 million contract. (Link)

Jimmy Vesey and the Rangers avoid arbitration and agree to a two-year, $4.55 million deal. (Link)

Tomas Nosek re-signs with the Golden Knights. One-year, $962,500. (Link)

July 16
Ryan Hartman and the Predators agree to a one-year, $875,000 deal. (Link)

Elias Lindholm inks a six-year, $29.1 million extension with the Flames. (Link)

• The Ducks lock up Adam Henrique with a five-year, $29.125 million extension. (Link)

Juuse Saros signs a three-year, $4.5 million extension with the Predators. (Link)

• Jon Gillies and the Flames agree to a two-year, $1.5 million deal. (Link)

July 15
• The Blue Jackets and Oliver Bjorkstrand agree to a three-year, $7.5 million extension. (Link)

• Philip Danult re-signs with the Canadiens. Thee years, $9.249 million. (Link)

July 14
Ryan Murray accepts his qualifying offer with the Blue Jackets. One year, $2.825 million. (Link)

Rob O'Gara re-signs with the Rangers. One year, $874,125. (Link)

July 13
Joel Armia and the Canadiens come to terms on a one-year, $1.85 million contract. (Link)

Marc-Andre Fleury and the Golden Knights agree to a three-year, $21 million extension. (Link)

• Andreas Johnsson accepts his qualifying offer, a one-year, $787,500 deal with the Maple Leafs. (Link)

• The Stars extend Devin Shore with a two-year, $4.6 million contract. (Link)

July 12
Connor Hellebuyck signs a six-year, $37 million extension with the Jets. (Link)

• The Blackhawks send the contract of Marian Hossa’s contract, Vinnie Hinostroza, Jordan Oesterle and a 2019 third-rounder to the Coyotes for Marcus Kruger, Jordan Maletta, Andrew Campbell, MacKenzie Entwistle’s rights and a 2019 fifth-rounder. (Link)

Cody McLeod returns to the Rangers on a one-year deal. (Link)

Jamie Oleksiak and the Penguins agree to a three-year, $6.4125 million extension. (Link)

July 11
Adam Erne re-signs with the Lightning. One-year, $800,000. (Link)

Anthony Mantha and the Red Wings agree to a two-year, $6.6 million extension. (Link)

July 10
Patrick Maroon heads homes to St. Louis and signs a one-year, $1.75 million deal with the Blues. (Link)

Nikita Kucherov signs an eight-year, $76 million extension with the Lightning. (Link)

July 9
Ross Johnston gets a four-year, $4 million extension with the Islanders. (Link)

• Rasmus Dahlin inks his three-year, entry level contract with the Sabres. (Link)

• The Islanders add forward Jan Kovar, who spent the last five seasons in the KHL, with a one-year deal. (Link)

July 7
• Alex Lyon re-signs in Philadelphia. Two years, $1.5 million. (Link)

Dmitrij Jaskin and the Blues agree to a one-year, $1.1 million extension. (Link)

Colin Miller signs four-year, $15.5 million extension with the Vegas Golden Knights (Link)

Dylan DeMelo re-ups with the San Jose Sharks. Two years, $1.8 million total. (Link)

July 6
Matt Nieto stays with the Colorado Avalanche. Two years, $3.95 million total. (Link)

• Oscar Dansk re-signs with the Vegas Golden Knights. Two years, $1.35 million total. (Link)

• The Dallas Stars re-sign Jason Dickinson to a one-year, $875,000 contract. (Link)

Alexander Petrovic re-signs with the Florida Panthers with a one-year deal. (Link)

• After getting bought out by the Wild, Tyler Ennis signs with the Maple Leafs. One year, $650,000. (Link)

Ryan Strome re-ups with the Oilers with a two-year, $6.2 million extension. (Link)

Oskar Sundqvist inks a one-year, $700,000 to remain a St. Louis Blue. (Link)

July 5
Cedric Paquette gets a one-year, $1 million deal to stay with the Lightning. (Link)

Trevor van Riemsdyk, Hurricanes avoid arbitration with two-year, $4.6 million deal. (Link)

Anthony Duclair heads to the Blue Jackets on a one-year, $650,000 deal. (Link)

Andreas Athanasiou stays with the Detroit Red Wings with a two-year, $6 million deal. (Link)

Jacob De La Rose re-signs with the Canadiens with a two-year, $1.8 million contract. (Link)

• The Ducks bring on Andrej Sustr with a one-year, $1.3 million contract. (Link)

Boone Jenner gets a four-year, $15 million extension from the Columbus Blue Jackets. (Link)

Christian Folin gets a one-year deal from the Philadelphia Flyers. (Link)

Jordan Nolan heads to the St. Louis Blues. One year, $650,000. (Link)

July 3
Robby Fabbri stays in St. Louis with a one-year, $925,000 deal. (Link)

• The Boston Bruins re-sign Sean Kuraly for three years, $3.825 million. (Link)

• Remi Elie re-signs with the Dallas Stars. One year, $735,000 (Link)

Calvin de Haan signs with the Carolina Hurricanes on a four-year, $18.4 million contract in free agency. [Link]

• The Islanders signed goalie Robin Lehner to a one-year contract. [Link]

Brad Richardson is back with the Arizona Coyotes on a two-year contract. [Link]

• The Islanders bring back Matt Martin in a trade with the Toronto Maple Leafs. (Link)

July 2
Tomas Hertl re-ups with the Sharks on a four-year, $22.5 million contract. (Link)

Carter Rowney gets a three-year deal from the Anaheim Ducks. (Link)

Joe Thornton re-signs in San Jose with a one-year, $5 million deal. (Link)

Brian Gibbons lands a one-year, $1 million contract with the Anaheim Ducks. (Link)

Slater Koekkoek is back with the Tampa Bay Lightning. One year, $865,000. (Link)

Zac Rinaldo has a new home with the Nashville Predators. One year, $650,000. (Link)

James Neal gets a five-year, $28.75 million deal from the Calgary Flames. (Link)

Tom Kuhnhackl joins the Islanders on a one-year deal. (Link)

July 1
Matt Calvert joins the Colorado Avalanche on a three-year, $8.4 millon deal. (Link)

Valtteri Filppula joins the Islanders on a one-year, $2.75 million deal. (Link)

• The Buffalo Sabres send Ryan O'Reilly to the St. Louis Blues for a 2019 first-rounder, 2021 second-rounder, forwards Tage Thompson, Patrik Berglund, and Vladimir Sobotka. The Blues also pick up O’Reilly’s $7.5 million signing bonus. (Link)

Luke Schenn will be manning the Anaheim Ducks’ blue line next season. One year, $800,000. (Link)

• Defenseman Nick Holden is joining the Western Conference champion Vegas Golden Knights. Two years, $4.4 million (Link)

• Islanders sign Leo Komarov for four years, $12 million. (Link)

Sven Baertschi is back in Vancouver on a three-year, $10 million contract. (Link)

Riley Nash cashes in on a big year and gets a three-year, $8.25 million deal with the Blue Jackets. (Link)

Vladislav Namestnikov is staying with the New York Rangers with a two-year, $8 million extension. (Link)

Tobias Rieder hooks up with the Oilers on a one-year, $1.3 million contract. (Link)

Matt Cullen goes back to Pittsburgh on a one-year. $650,000 deal. (Link)

John Moore gets a big contract from the Boston Bruins. Five years, $13.75 million. (Link)

• #TavaresWatch is over. John Tavares has signed a seven-year, $77 million deal with the Toronto Maple Leafs. (Link)

• The Sabres and Blues basically swap backup goalies now that Chad Johnson signs for one year, $1.75 million in St. Louis. (Link)

• The Hurricanes find their backup in Petr Mrazek. One year, $1.5 million. (Link)

Michael Grabner heads west with a three-year, $10.05 million deal with the Coyotes. (Link)

Kyle Brodziak joins the Oilers for two years, $2.3 million. (Link)

• After two seasons in the KHL, Val Nichushkin returns to Dallas with a two-year, $5.9 million deal. (Link)

J.T. Brown joins the Wild on a two-year, $1.375 million contract. (Link)

Ryan McDonagh inks a seven-year, $47.25 million extension to stay with the Tampa Bay Lightning. (Link)

• The Stars stay busy adding Roman Polak (one year, $1.3 million) to their blue line. (Link)

Tomas Plekanec is member of the Montreal Canadiens again. One year, $2.25 million. (Link)

• The Chicago Blackhawks add Cam Ward ($3 million) and Chris Kunitz ($1 million) on one year deals and ink Brandon Manning to a two-year, $4.5 million contract. (Link)

• The Coyotes make Oliver Ekman-Larsson‘s eight year, $66 million extension official. (Link)

• The Colorado Avalanche add to their blue line bringing in Ian Cole on a three-year, $12.75 million deal. (Link)

Blake Comeau is signed by the Dallas Stars, three years, $7.2 million. (Link)

Tyler Bozak joins Perron in St. Louis as the Blues ink the center to a three-year, $15 million deal. (Link)

Thomas Hickey heads back to the Islanders with a four-year, $10 million contract. (Link)

Paul Stastny leaves Winnipeg for the Vegas Golden Knights on a three-year, $19.5 million deal. (Link)

• The Jack Johnson to the Penguins deal is real and it’s $16.25 million over five years. (Link)

Thomas Vanek (one year, $3 million), Mike Green (two year, $10.75 million) and Jonathan Bernier (three year, $9 million) have all signed with the Detroit Red Wings.

James van Riemsdyk heads back to Philadelphia with a five-year, $35 million contract. (Link)

David Perron returns to St. Louis and signs a four-year, $16 million deal with the Blues. (Link)

Jay Beagle and Antoine Roussel each get four-year, $12 million deals from the Vancouver Canucks. (Link)

• The Calgary Flames pick up Derek Ryan (three years, $9.375 million) and Austin Czarnik (two years, $2.50 million). (Link)

Greg Pateryn gets a three-year, $6.75 million deal from the Minnesota Wild. Eric Fehr (one year, $1 million) is joining him. (Link)

• The Bruins, Sabres Stars find backups with Jaroslav Halak (two years, $5.5 million) headed to Boston, Anton Khudobin (two years, $5 million) on his way to Dallas and Carter Hutton (three years, $8.25 million) going to Buffalo.

Matt Hendricks moves on to the Wild with a one-year, $700,000 deal. (Link)

June 30
• Winnipeg Jets clear valuable cap space by shipping Steve Mason to Montreal Canadiens. (Link)

Logan Couture, San Jose Sharks agree to eight-year, $64 million extension. (Link)

Ryan Reaves is sticking in Sin City, signing a two-year, $5.5 million contract with the Vegas Golden Knights. (Link)

Chris Wagner heads to the Boston Bruins on a two-year, $2.5 million deal. (Link)

Eddie Lack returns to New Jersey on a one-year, $650,000 deal with the Devils. (Link)

• The Carolina Hurricanes hand Andrei Svechnikov his three-year, entry level deal worth $2,497,500. (Link)

Niklas Hjalmarsson inks a two-year, $10 million extension (kicks in 2019-20) with the Arizona Coyotes. (Link)

June 29
Drew Doughty, Los Angeles Kings agree to eight-year, $88 million extension. (Link)

Michal Kempny stays in Washington with four-year, $10 million extension. (Link)

• Capitals name Todd Reirden as Barry Trotz’s replacement. (Link)

Frank Vatrano returns to Florida Panthers on one-year, $925,000 contract. (Link)

• Carolina Hurricanes re-sign Valentin Zykov with two-year, $1.35 million contract. (Link)

June 28
• Penguins hand one-year, $650,000 deal to J.S. Dea. (Link)

June 27
• Penguins deal Conor Sheary, Matt Hunwick to Buffalo Sabres. (Link)

Devante Smith-Pelly returns to Washington Capitals with one-year, $1 million deal (Link)

• Penguins re-sign Riley Sheahan to $2.1 million, 1-year deal. (Link)

• Arizona Coyotes bring back Kevin Connauton with two year, $2.75 million extension. (Link)

June 26
• Vancouver Canucks re-sign Derrick Pouliot, one year, $1.1 million. (Link)

• Pittsburgh Penguins re-sign Bryan Rust with 4 year, $14 million deal. (Link)

• Ottawa Senators buy out final year Alex Burrows’s contract. (Link)

J.T. Miller gets five-year, $26.25 million extension from Tampa Bay Lightning. (Link)

• Sam Morin gets three-year, $2.1 million extension from Philadelphia Flyers. (Link)

Joe Morrow re-signs with Winnipeg Jets for $1 million over one year. (Link)

PHT Morning Skate: Jets building long-term contender; NHL yet to figure out how to pay goalies

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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.

• The dates for arbitration destiny (if they make it there) are set for a bevy of the NHL’s restricted free agents. (TSN.ca)

Connor Hellebuyck the first shoe to drop in Winnipeg, with several more waiting their turn. (Winnipeg Sun)

• Hellebuyck’s extension also proved once again that the Jets are building a long-term contender right away. (The Hockey News)

• The NHL has yet to figure out how to pay their goalies. (TSN.ca)

Kevin Shattenkirk is on track to be ready for Rangers training camp. (NHL.com)

• Vancouver Canucks seventh overall draft pick this year Quinn Hughes is set to benefit from wherever he plays this coming year. (Sportsnet)

• The salary cap in Edmonton is tight. Quite tight. So tight, that defenseman Darnell Nurse doesn’t want a long-term deal with the team right now. (Edmonton Sun)

Logan Couture, who signed an eight-year, $64 million extension with the San Jose Sharks on July 1, says it was an easy decision to make. (NHL.com)

• Who do the top 2018 NHL draft picks remind us of? Prospect expert Chris Peters explains. (ESPN)

• Sauce Hockey in hot water over crude t-shirts after Wal-Mart pulls them off store shelves in Canada. (CBC.ca)

• Mall celebrity upstages both Sidney Crosby and Nathan MacKinnon in viral photo. (The Star Halifax)

• Woman fighting ovarian cancer used playing hockey as therapy before she tragically passed away. (The Western Star)

• Tavares, Maple Leafs tough to match up with at center, opponents say. (NHL.com)

• Is St. Louis Blues GM Doug Armstrong a master trader? (The Hockey Writers)

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

Penguins’ big defense spending continues with Oleksiak

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Perhaps it’s fitting that the Pittsburgh Penguins put a bow on big defense spending by re-signing Jamie Oleksiak, one of the largest humans you’ll see roaming a blueline.

The team announced that they signed the 25-year-old to a three-year contract that will carry a $2,137,500 cap hit. He’s generally listed at 6-foot-7, which is just a couple inches shorter than Zdeno Chara.

(It only seems fair that he was frequently called upon to drop the mitts once he arrived from Dallas then, right?)

In a vacuum, it’s an inoffensive contract, although some will grimace a bit at giving three years to a potential depth defenseman. Your overall opinion of the big blueliner will vary depending upon how you value what he brings to the table. His size is valued by many, and he didn’t take on too much water from a possession standpoint.

There’s little denying that he enjoyed something of a career rejuvenation in Pittsburgh, echoing Trevor Daley and Justin Schultz, even though his gritty style makes him quite different from those fleet-footed defensemen. After averaging just 15 minutes per game with the Stars, Oleksiak’s ice time shot up to an average of 17:24 in 41 contests with Pittsburgh.

That ice time plummeted during the postseason, as he only logged an average of 13:43 per contest.

We’ve seen teams get burned by handing an extension to a defenseman who thrived during a brief audition, such as Brendan Smith‘s disastrous turn with the Rangers, although the Penguins didn’t shell out as large of a cap hit here.

The larger concern might be that the Penguins could be guilty of a mistake a lot of contenders fall victim of: locking up a lot of depth players when it might be wiser to allow more room to scour the market for cheaper options in the bottom of the order. On the other hand, maybe Oleksiak will end up being another successful reclamation project in Pittsburgh?

Either way, the Penguins are locked in with quite a few defensemen, so substantial commitments abound.

It’s a pricey group, too. Via Cap Friendly’s estimates, the Penguins are spending almost $27M on seven defensemen: Oleksiak, Schultz, Kris Letang, Jack Johnson, Brian Dumoulin, Olli Maatta, and Chad Ruhwedel.

For some, that’s the price of doing business for a team not far removed from back-to-back Stanley Cup victories.

Others will blanche at the thought that, at times, the Penguins overcome this group, rather than being propped up by it. Those critics surely won’t be over the moon about some of their recent commitments, especially oft-criticized Jack Johnson carrying a $3.25M cap hit mere months after the Blue Jackets couldn’t give him away during the trade deadline.

There are some red flags going on with that unit, and maybe the Oleksiak signing will be looked upon as a mistake.

Ultimately, it’s not the sort of decision that will derail the Penguins’ hopes for contending now and in the future. The worry, though, is that the mistakes might start to really pile up for the Pens. After all, flexibility can be crucial in the modern NHL, and GM Jim Rutherford risks painting himself into a corner.

(Then again, the Blackhawks reminded us today that you can often foist your cap problems on other teams, so maybe none of this is all that big of a concern?)

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.

Hellebuyck turns career year into $37 million extension with Jets

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The Winnipeg Jets to-do list got a little shorter on Thursday.

The Jets locked up their goaltending future, signing Vezina runner-up Connor Hellebuyck to a six-year, $37 million contract.

Hellebuyck had a breakout season in 2017-18, posting 44 wins to set a new franchise record for the Jets (and a new record for American-born goalies) in a single season. He also posted franchise marks in shutouts with six and save percentage with a .925, as he seamlessly turned into one of the league’s premier netminders.

And now he’s getting paid like one.

Hellebuyck becomes the sixth highest paid goaltender in the NHL, behind Carey Price ($10.5 million AAV), Henrik Lundqvist ($8.5 million AAV), Sergei Bobrovsky ($7.425 million AAV) Tuukka Rask  ($7 million AAV) and Pekka Rinne ($7 million AAV). Hellebuyck’s contract comparables include Braden Holtby, Frederik Anderson and Semyon Varlamov.

The deal means the Jets will avoid going to arbitration with Hellebuyck, who was a restricted free agent.

The move also means that that general manager Kevin Cheveldayoff has one less RFA to sign in an offseason rife with talented players needing raises. CapFriendly has the Jets sitting with $20.6 million in cap space, with a couple of bigger ticket items to sort out soon.

Cheveldayoff will now turn his attention to fellow RFAs in Jacob Trouba and Josh Morrissey, the team’s top, and one of the NHL’s best shutdown pairings. Trouba is looking for a long-term deal while the Jets will likely be able to bridge Morrissey. The Jets also have Brandon Tanev, Adam Lowry and Marko Dano to sign after the trip filed for arbitration.

Winnipeg will also be looking to extend 44-goal man Patrik Laine, who is likely to come close to double digits in AAV, if not exceed them.

Among starting goalies this season, Hellebuyck showed very well, posting an xSv% of 92.92%, good for fifth in the NHL with a minimum of 1,500 minutes played.

Hellebuyck made huge strides in his game after a disappointing 2016-17 campaign. Hooking up with Adam Francilia at the NET360 camp in British Columbia, Hellebuyck appeared to re-invent himself and the results were immediate as he erased many of the doubts people had of him coming into the year.

The Michigan native was instrumental in leading the Jets to the Western Conference Final for the first time in franchise history, and Hellebuyck was also named to the NHL All-Star game.

The Jets will enter the 2018-19 season with Laurent Brossoit handling backup duties after the team traded Steve Mason to the Montreal Canadiens as a part of a salary dump. The Jets signed Mason last offseason to a two-year, $8.2 million deal after Hellebuyck’s rough season previous, but he quickly became expendable because of Hellebuyck’s play and myriad injuries that plagued Mason throughout last season.

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