Forced restraint from Flyers on July 1 spending

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Forced restraint from Flyers on July 1 spending

Ron Hextall likely won’t forget his first free agency experience as the Flyers' general manager any time soon.

If for no reason other than the only player of consequence he signed was his own goalie, Ray Emery.

Meanwhile, all around him, the NHL was rocking with a record number of signings worth more than $420 million.

Teams with money spent recklessly. Like the Flyers almost always do.

This time, however, the Flyers were on the bench without a dime to spare.

The Flyers need another defenseman. Washington signed two in Matt Niskanen and Brooks Orpik.

They need a left wing. Matt Moulson returned to Buffalo. Thomas Vanek went to Minnesota.

Frustrating?

“No, not really,” Hextall said. “To be honest with you, July 1 is one of those days where we all can get carried away. I look on my board here and look at our team, and we’ve got a good team.

“Sometimes this day, you make some of the poorest decisions you make, and quite honestly we didn’t have to think it through that hard.

“We’ve got a couple guys we’re still looking at if we get them in the right range -- one guy specifically -- so there’s still things you can do.”

They also signed goalie Rob Zepp for the Phantoms and forward Blair Jones as a Phantoms call-up.

For once, the Flyers felt what it’s like to be the cash-starved Islanders with holes to fill and no money to buy the ingredients to fill them.

“This is the day where a lot of times you do something and you have buyer’s remorse,” Hextall said. “But it’s hard ... you have a lot of holes to fill. Back in L.A. a few years ago, we were in that position where we had a lot of holes to fill, and it’s hard to fill all your holes in a cap world in free agency.

“Again, it’s one of those days where sometimes you look back and you did something good -- I think there’s some good buys in the market -- but there’s some other ones that are inflated.”

The Flyers are boxed in by not being able to move Vinny Lecavalier’s contract. His $4.5 million cap hit over the next four years prevented them from getting involved with any quality forward or defenseman on the market.

“We’ve got nothing imminent on Vinny,” Hextall said. “We’ll keep looking at the situation, and like I said, deal with it internally, and if there’s something to report we’ll get it back to you guys, but as far as I’m concerned right now, Vinny Lecavalier could be in a Flyer uniform in September.”

That can’t possibly happen. It would be awkward and a subject of almost daily speculation, especially if Lecavalier has a poor start to the season.

“Not at all,” Hextall said. “Vinny’s a pro, and we’re pros, and I think you guys all know we’ve had discussions, but he’s been nothing but a pro.”

Hextall said the Flyers will still be looking to add a depth defenseman. South Jersey's T.J. Brennan went to the Islanders for $600,000.

“We would have had interest in him,” Hextall said. “Quite honestly, we’ve been working at a number of other things, but we would have had interest in him.

“We still have a player that we covet right now. We’ve been working on that and also been talking to other GMs trying to move things around a little bit. It’s been a busy day and you don’t get to everything that you want to get to.”

Hextall is trying to win a game of blackjack holding with a hard 12.

“It’s not going to be easy,” Hextall said. “I think a lot of people filled up today and that’s always what happens July 1. It’s not going to be easy. We’ll continue to chip away and work away, and we’ll find a way.”

RFAs
Hextall said the Flyers will not pursue any restricted free agents, such as PK Subban, and weren't in position to do so anyway.

NHL Notes: Predators sign Calle Jarnkrok to 6-year, $12 million contract

NHL Notes: Predators sign Calle Jarnkrok to 6-year, $12 million contract

NASHVILLE, Tenn. -- The Nashville Predators have signed defenseman Matt Carle to a one-year contract hours after signing forward Calle Jarnkrok to a six-year, $12 million contract through 2021-22.

Under the deals announced by the Predators on Wednesday, Carle will earn $700,000 this season while Jarnkrok will earn $1.7 million this season rising to $2.2 million in both 2019-20 and 2020-2021 before dipping to $2 million in the final year.

The 31-year-old Carle is a veteran of 724 NHL games with 282 points while playing with San Jose, Tampa Bay and Philadelphia where he played for now Nashville coach Peter Laviolette. The 6-foot, 197-pound defenseman spent the past four seasons with Tampa Bay, which included a berth in the 2015 Stanley Cup finals.

The 24-year-old Jarnkrok played in 71 games last season and scored a career-high 16 goals with 30 points. The native of Gavle, Sweden, was second on the team with four game-winning goals last season.

The 51st pick overall by Detroit in the 2010 entry draft, Jarnkrok was traded to Nashville on March 5, 2014, and was a restricted free agent.

Lightning: Namestnikov re-signs for 2 years
TAMPA, Fla. -- The Tampa Bay Lightning re-signed forward Vladislav Namestnikov to a two-year, $3.875 million contract Wednesday.

The 23-year-old appeared in 80 games last season, finishing with 14 goals and 35 points. He had one goal and four points while skating in 17 games during the playoffs. In 127 career NHL games, the Russian has 23 goals and 51 points.

Lightning general manager Steve Yzerman announced the deal.

Hurricanes: Head coach Bill Peters extended 3 years
RALEIGH, N.C. -- The Carolina Hurricanes signed coach Bill Peters to a contract extension through the 2018-19 season, general manager Ron Francis said Wednesday.

Peters has a record of 65-72-27 in two seasons while leading the Hurricanes' rebuilding project. They finished this season sixth in the Metropolitan Division with a 35-31-16 record, but earned 86 points -- their most since 2010-11, and a 15-point improvement from Peters' first year.

"We knew it wasn't going to be a quick turnaround," Peters said. "It takes time. ... I just like the direction we're headed in, and we're headed in that direction for a long period of time."

The Hurricanes used three rookies in the rotation on defense, and mounted a last-gasp -- but ultimately unsuccessful -- push for their first playoff appearance since 2009 by earning points in 12 of the 14 games that came after trading captain and franchise face Eric Staal to the New York Rangers.

Terms of Peters' extension were not disclosed. Peters was entering the final year of a three-year contract he signed in June 2014, when he was hired to take over for the fired Kirk Muller.

"You've got a head coach heading into the last year of his deal," Francis said. "It's important that if you like him and you want to have him around, you get this done."

The Hurricanes have reached the playoffs just once since winning the Stanley Cup in 2006. Carolina's seven-year postseason drought is the longest among Eastern Conference teams.

"Professionally, it's the right thing for me, and I want to see this thing through, and I want to get in the playoffs, and I want to get on a run," Peters said.

With Brandon Manning signed, what's next for Flyers?

With Brandon Manning signed, what's next for Flyers?

Now that young defenseman Brandon Manning has been re-signed, the Flyers wiped the table clean of any unfinished business with potential arbitration hearings this summer.
 
For now, they are done with their in-house reorganizing, but could still do a deal for a scoring winger at some point moving forward.
 
Manning’s signing left the club with 23 players for the coming season on the NHL roster — 14 forwards, seven defensemen and two goalies.
 
More significantly, it also left the Flyers with little salary cap breathing room — $1.038 million, according to generalfanager.com.
 
They still have to lose a forward even though they opened with 14 last season. General manager Ron Hextall might start with eight defensemen, which brings us to 13 forwards.
 
Right now, the top target among the forwards to be sent to the AHL would be Jordan Weal ($650,000 cap hit).
 
That gives them the right number of forwards, but what about creating a spot for prospect Travis Konecny if — and that’s a big if — he’s ready to make the NHL cut out of training camp?
 
Hextall has said several times since the season ended that regardless of how his roster stands, if a prospect is ready for the NHL, he’ll find a spot for him.
 
Which brings us to the defense. Manning is the perfect seventh man on the defense. He was both that and a regular last season while playing 56 games. He also helps the Flyers in another way.
 
If he plays 14 games this season (70 overall in two seasons), he would be eligible to be exposed in next summer’s NHL expansion draft because he is also under contract for the following year, another stipulation in the expansion rules.
 
That doesn’t mean he won’t be exposed. Under the NHL’s expansion rules, teams will have the option of protecting one goaltender, three defensemen and seven forwards. Or they can protect one goalie and eight skaters, four of which can be defensemen.
 
Given Andrew MacDonald’s $5 million cap hit, you can be sure he will be exposed.
 
The issue for the present, however, is how will the Flyers fit defensive prospect Ivan Provorov onto the roster, if he can make the club out of camp?
 
Provorov was impressive in development camp. When compared against fellow prospects Sam Morin, Travis Sanheim and Robert Hagg, he was easily above them in terms of overall development.
 
The simple solution here would be to move veteran defenseman Mark Streit, who turns 39 in December. Streit has a no-trade clause but would likely waive it to remain in the NHL. Except there hasn’t been any interest in Streit since last winter.
 
Streit doesn’t have a no-movement clause, so like MacDonald, he could go to the AHL Phantoms, but because of his salary ($5.25 million), the most the Flyers can save off their cap is $950,000.
 
The Flyers could also move Nick Schultz, even to the minors, and save $950,000. Schultz, however, played very well in the playoffs and Hextall has said more than once he likes what he brings off the ice in terms of leadership around younger players.
 
The easy move would be to send Manning ($975,000) to the Phantoms and promote Provorov. Because of his age (19), Provorov either plays with the Flyers or returns to his WHL club this fall. His NHL cap hit would be less than Manning — $894,166.
 
Yet seeing how things unfolded last season, it’s more likely that MacDonald would again be a cap victim and return to the AHL rather than have him sit there as the seventh defenseman, which doesn’t do him any good unless the Flyers carry eight defensemen and 13 forwards.
 
At present, generalfanager.com has the Flyers at $71,961,666 out of the $73 million cap, including the buyout of R.J. Umberger. Eliminating Weal and Manning while adding Provorov leaves them at $71,230,832. Their cap space would be $1.76 million.
 
All the above assumes Hextall doesn’t make any trades, plus Nick Cousins, Scott Laughton and Boyd Gordon all make the final roster. It’s not a given all three do. Gordon's cap hit is $950,000 — almost as much as Manning's.
 
Because the Flyers could go with an extra forward or defenseman, it sets up all kinds of possibilities with the final roster come training camp.
 
At least one player figures to lose their job.

End to End: Analyzing Brayden Schenn's contract

End to End: Analyzing Brayden Schenn's contract

Each week, we'll ask questions about the Flyers to our resident hockey analysts and see what they have to say.

Going End to End this week are Tom Dougherty, Jordan Hall and Greg Paone, all producers/reporters for CSNPhilly.com.

Is Brayden Schenn's contract a good deal for the Flyers?

Dougherty
It's understandable why some portion of Flyers fans have responded to Schenn's contract extension with caution; the $5.125 million is a bit high for what he's done consistently. But we live in a salary cap world in which the cap is not rising at the rate we would like.

We have to consider that when analyzing contracts. As Sportsnet's Colton Praill eloquently opined about bridge contracts back on July 13, we've seen teams get burnt by bad contracts. Look at the Chicago Blackhawks, who have had to move players to fit under the cap.

Part of surviving the cap world is making smart bets on players, and that requires breaking down what they have done already but more importantly, what you believe they'll do in the future. And Ron Hextall has done a decent job of that in his tenure as GM.

A perfect example of that is Sean Couturier's contract. It was a higher cap hit than his offensive production warranted at the time, but a deal we would look back on as a steal.

Now, Schenn's development is nearly complete. It's a different situation, but the same idea. If Schenn is a 26-goal, 59-point player, his $5.125 million AAV is fair.

If there's another level we haven't seen from the 24-year-old, then this is a totally different conversation in a few years.

In the end, the Flyers are betting on Schenn being the player he was from Jan. 1, 2016, through the end of the season, and living in the cap world, it's a smart play.

Hall
The Flyers were going to re-sign Brayden Schenn, through an arbitrator or not.

And when it was all said and done, no matter if the average annual value was slightly lower or higher than the $5.125 million of Schenn’s new four-year contract, the Flyers were still going to be handcuffed by the cap.

So the Flyers avoided what can be a messy arbitration process by finding a happy medium with a strategic deal that behooves the Flyers long term, as Ron Hextall explained.

Now they have longer team control over Schenn, who could have signed for fewer years, upped his game and ballooned his payday as an unrestricted free agent.

Like Hextall said, top-six forwards entering their prime "are hard to find."

Yeah, the Flyers probably overpaid just a bit, but that’s the NHL market — it’s far from perfect.

Paone
There’s a reason these kinds of things are categorized as negotiations. There’s give and take involved. In the case of Brayden Schenn’s contract, there was probably a little more give than Ron Hextall and the Flyers would have liked. The numbers reported over the weekend tell us the Flyers didn’t necessarily want to go over the $5 million per year threshold with Schenn, even though the 24-year-old forward is coming off a career year of 26 goals and 33 assists.

But just because the Flyers went over their projected budget by going a smidge over $5 million doesn’t mean this is a terrible deal for the team. Not by any means. By now, you’ve probably read or heard Hextall use the term “market deal” when describing this contract. And that’s accurate because that’s the way the NHL is going these days. Yes, Schenn has had inconsistency issues over his first five seasons in Philadelphia. But young scorers don’t grow on trees. You have to pay to keep the ones you have. New Jersey’s Kyle Palmieri, the New York Rangers’ Chris Kreider and St. Louis’ Jaden Schwartz are just a few examples. Schenn is just the latest. There will be more young scorers out there, flaws be damned, who will get paid sooner rather than later.

Sure, Schenn picked a great time last year — a contract year — to have a career season. And that pushed the Flyers to reward him. Now, it’s up to him to reward the Flyers’ faith.