Day: August 12, 2023

Kyle Dubas just concluded the largest trade of the NHL off-season, landing defenseman Erik Karlsson in a three-team deal that propels the Pittsburgh Penguins’ desire to win, he was asked if there were any other moves in store.

The Penguins’ general manager and president of hockey operations said he thinks he is done this summer. Still, he affirmed: “You can never make any promises. You always want to try and improve the team.”

General manager of the Washington Capitals, Brian MacLellan is still working the phones, not giving up on the hope of securing a top-six forward before NHL training camp next month.

“We’re still talking to agents,” MacLellan said after signing Tom Wilson to a seven-year extension. “We’re still talking to a few teams about a trade, so we’ll see how it pans out at the end.”

Kuznetsove trade?

For the second time in three years, Evgeny Kuznetsov is in trade talks; with discussions opening in the NHL off-season. The Capitals center switched agents after delivering 55 points in 78 games, more than a 30-point drop from the past season.

Kuznetsov is 31 and has two more years left on his contract at a huge salary cap hit of $7.8 million. The Capitals, who like Pittsburgh want to get back in the playoffs and stay contenders, will not give away the player who led them in scoring during their 2018 Stanley Cup run.

But if something good happens, Washington may move on from Kuzntsov or trade underachieving forward Anthony Mantha.

“I think we had a few discussions at the draft that might carry forward or might not carry forward,” MacLellan said. “We’re comfortable with where we’re at. We’d still like to change. We’ll see where it goes here.”

Trade talk

The Carolina Hurricanes and Calgary Flames are worth watching too.

Carolina brought back defenseman Tony DeAngelo following his buyout by Philadelphia and may want to trade Brett Pesce or Brady Skjei to clear a blue-line log jam. Each player has only a year left on his contract.

“My job as the general manager is just to stay on the phone every day and continue to look to see if we can make our team better — hard to do right now,” GM Don Waddell said recently, referring to the Hurricanes’ salary cap crunch. “But certainly we’ll continue to talk to different teams and free agents and see what shakes out.”

Elias Lindholm, whom the Hurricanes sent to the Flames in 2018, is entering the final year of his contract. New Calgary general manager Craig Conroy has already traded forward Tyler Toffoli to New Jersey as part of the team’s retooling process and Lindholm may be next.

The Winnipeg Jets are yet to trade two key players a year before they become unrestricted free agents: 2020 Vezina Trophy-winning goaltender Connor Hellebuyck and top center Mark Scheifele. They bought out former captain Blake Wheeler in the first step of a roster overhaul, but they do not expect Hellebuyck or Scheifele to stay in Winnipeg much longer.

Free agents

Another highlight of the NHL off-season is the Toronto Maple Leafs signing veteran goaltender, Martin Jones to a contract of $875,000 for next season. Jaroslav Halak, Brian Elliott and Aaron Dell are among goalies in their 30s still available. 

Phil Kessel, the NHL’s ironman fresh from a Stanley Cup victory with Vegas and getting his name engraved on the trophy for the third time, is also unsigned. The forward was a healthy scratch for the majority of the playoffs, although his regular season streak is untouched at 1,064 consecutive games played.

Eric Staal, who reached the final with Florida and turns 39 in October, is another veteran option, as is center Derick Brassard. Teams looking for a defenseman, Nick Holden is on the market, including Seth Jones’ brother, Caleb, they were not given a qualifying offer by Chicago and is a young unrestricted free agent at 26.

Restricted free agents like Anaheim Ducks’ Trevor Zegras, Philadelphi’s  Morgan Frost and Edmonton Oiler’s Evan Bouchard are among players without a contract.

Kane watch

Patrick Kane underwent hip resurfacing surgery on June 1; an invasive operation that requires four to six months of recovery time. As his rehab continues, there have been rumours linking him to his hometown Buffalo Sabres, who are on the rise and could benefit from a player with three Stanley Cup rings.

Kane is expected to receive significant interest around the league from teams that wish he’ll get back to All-Star form.

Chicago Blackhawks teammate Jonathan Toews is a free agent too, although he may decide to retire at 35 after missing significant time.

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Penguins buy Erik Karlsson in three-team trade with Sharks, Canadiens.

Erik Karlsson is the first defenceman to be traded fresh off winning the Norris Trophy, as the NHL’s top defenceman since Doug Harvey in 1961. Karlsson became the first player in the position to record 100 points in a season since Brian Leetch in 1991-92.

The Pittsburgh Penguins want to walk the fine line between protecting the future and making the most out of the present. Sidney Crosby, Evgeni Malkin, and Kyle Dubas are all in on trying to capture the powers that be in the Eastern Conference.

Pittsburgh sent a 2024 first-round pick, forward Mikael Granlund and defenceman Jan Rutta to San Jose Sharks and goaltender Casey Desmith, defenceman Jeff Petry, a 2025 second-round pick and prospect Nathan Legare to Montreal Canadiens as part of the deal for the three-time Norris Trophy winner.

Per the Penguins, here is the trade. SJ retains $1.5M of Karlsson’s salary…Pittsburgh retains 25 per cent of Petry’s. pic.twitter.com/gxQSKSNZoi

— Elliotte Friedman (@FriedgeHNIC) August 6, 2023

“While it is always difficult to trade a player of the calibre of Erik Karlsson, this trade accomplishes several goals for our franchise,” Sharks general manager Mike Grier said. “It adds two forwards to our roster who have proven ability to produce offensively at the NHL level and solidifies our NHL defense corps. Additionally, acquiring another first-round pick gives us the opportunity to continue fortifying our development system with high-end prospects and provides us with some financial flexibility to add players as we see fit in the future.”

The complex trade included the Canadiens to ensure that the deal was salary cap compliant. Karlsson has four years left on his contract a cap hit of $11.5 million – $1.5 million which San Jose will retain through the end of the deal in 2027. The Penguins will retain $1.56 million of Petry’s salary.

As part of the deal, the Penguins also received forward Rem Pitlick, Prospect Dillion Hamaliuk and San Jose’s 2023 third-round pick. The Sharks also got Mike Hoffman from the Canadiens.

Here’s why the Canadiens are making this trade: pic.twitter.com/kXYAfaFecl

— Eric Engels (@EricEngels) August 6, 2023

Erik Karlsson who also won the Norris in 2012 and 2015, is going to his third NHL franchise. He played his first nine seasons at Ottawa with the Senators, before being sent to San Jose in 2018.

In 987 regular-season and playoff games, Karlsson has 814 points; the most by any defenceman since he broke into the league in 2009. He has not appeared in the playoffs since 2019 and will now be a vital part of getting Crosby, Malkin, defenceman Kris Letang, and Pittsburgh back into the mix in the East after their 16-year playoff streak finished last season, leading to major front office changes.

The club team fired president of hockey operations Brian Burke and general manager Ron Hextall in the aftermath and owner Fenway Sports Group handed the keys over to Dubas.

He got a mandate to maximize whatever championship window was left while Crosby, Malkin and Letang are on the roster. The trio won the Stanley Cup together in 2009, 2016 and 2017, but things have been harder in recent years.

The Penguins have not won a post-season series since the opening round of the 2018 playoffs and found themselves on the outside looking in for the first time since 2006 after a late slide that included a loss to lowly Chicago in the final week, a setback that ultimately served as the death knell for the longest active playoff streak in major North American sports.

Pittsburgh’s key players are all in their late 30s. Malkin is 37, Letang is 36 and Crosby turns 36 on Monday. They will be joined by 33-year-old Erik Karlsson, a versatile goal scorer who can sometimes be a liability on the other side of the ice.

Dubas’ trade for Karlsson started shortly after free agency started on July 1, although it took time for all the pieces to come together.

The three-team trade also rids the Penguins of Granlund; a non-factor coming over in a mind-boggling deal at the trade deadline last season and Petry who missed over 20 games due to injury and struggled to be consistent when he was in the lineup.

Pittsburgh’s reconfigured blue line now includes Karlsson, Letang and Ryan Graves, who signed a six-year deal last month. DeSmith’s departure leaves Tristan Jarry who signed a shocking five-year contract to stay in town; as the only goalie on the roster with experience in coach Mike Sullivan’s system.

Last season, the Penguins were the NHL’s oldest team, a position they try to retain when the puck drops against Chicago on October 10th.

With three players who will probably be inducted into the Hall of Fame entering the twilight of their careers, Dubas is counting on his active summer assisting the team close the game that has widened between the Penguins and the contenders in a loaded East.

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4 storylines to follow in last weeks of the NHL off-season.