NHL Notebook: Insider connects John Klingberg and Jonathan Toews with the Edmonton Oilers, the latest on Jason Demers and more
Photo credit: Timothy T. Ludwig-USA TODAY Sports
There’s a lot going on in Edmonton these days.
Sportsnets Elliotte Friedman and Jeff Marek have shared some NHL previews on their podcast 32 Thoughts, and some interesting names have been linked to the Oilers: John Klingberg and Jonathan Toews.
Friedman on 32TP: “That’s just my prediction, (John) Klingberg is finishing the year in Edmonton. I could be wrong. That’s my prediction.”
— NHL Watcher (@NHL_Watcher) October 11, 2022
Friedman 32TP: “I assume Toews is traded, I assume Kane is traded, we both said NY Rangers were the likeliest team for Kane. Toews, I mentioned Colorado. I know I’m swapping everyone to Edmonton in this pod, but I’m wondering if Toews would make sense there?”
— NHL Watcher (@NHL_Watcher) October 11, 2022
At the top, the most important thing to consider here are the salaries. As we all know Edmonton is in LTIR hell so these notes could be messy. Klingberg has a $7 million hit this year while Toews is at the top with $10.5 million.
For the Oilers, it would almost certainly require a third team to participate in the deal to be able to eat the salary of any of the upcoming UFAs.
As for Klingberg, we already know that the Oilers took notice of him before he signed with Anaheim. The interest is there, but the Oilers’ right flank is already pretty crowded with Cody Ceci, Evan Bouchard and Tyson Barrie. Flipping Barrie and his salary for Klingberg would make a lot of sense and a move I would take immediately.
Toews would require a bit more work. What might make sense would be to let Chicago and a third team each eat up 50% of the salary, bringing his success down to $2.625 million. Warren Foegele has a cap hit of $2.75 million. You can calculate the rest.
That is interesting.
Hearing Jason Demers will remain #Oiler Organization on a PTO in AHL Bakersfield.
— Frank Seravalli (@frank_seravalli) October 11, 2022
The Oilers fired Jason Demers from his PTO the other day, but he was training with the club on Tuesday morning.
Corresponding Daily Faceoffs Frank Seravalli, Demers is expected to sign an ATO with the AHL’s Bakersfield Condors. I think the Oilers give Demers a chance to explore offers and options from other teams in the league. In my view, signing him on a one-year deal and walking him through waivers makes the most sense. He’s a solid No. 8 and the Oilers will need the depth.
He is baaaackkkkk!
The Calgary Flames re-signed defenseman Michael Stone to a one-year contract.
Here’s some of what my colleague Ryan Pike wrote at Flamesnation:
Stone, 32, originally joined the Flames in February 2017 after making a trade before that season’s trade deadline. He then signed a three-year deal (2017-20), had that deal bought out after two seasons for cap reasons, and later signed a one-year deal in the off-season after Juuso Valimaki blew his knee (2019-20). , then another one-year contract (2020-21), another one-year contract (2021-22) and yet another one-year contract (2022-23).
What can we say about Stone? He’s always been a reliable two-way depth and he has a good shot that makes him useful in spot use on the power play. His overall game is a bit limited these days, but he’s a truly accomplished veteran who could be the ideal seventh defender given his intelligence, skill, cap hit and maturity.
The Vancouver Canucks used every penny of their cap room for perhaps the first time in the NHL’s salary cap era.
That’s correct. Every penny.
With a roster of 22 active players, the Canucks made perfect use of their cap space and LTIR.
With Ferland on the LTIR, the Canucks start at 22 players (13F, 7D, 2G), albeit absolutely no headroom as far as the canopy is concerned. Essentially, what they’ve done is regain full use of the maximum cap space of $82.5 million, and they are using it to the full. Luckily, if Di Giuseppe is out long-term, his $146,250 SOIR hit will also add to the $3.5 million in relief. Assuming that happens Wednesday, that extra bit of space is all it would take the Canucks to trade Klimovich back to Karlsson, though Karlsson is now adding his potential $82,500 in performance bonuses to his cap hit. Further views require further placements on LTIR.
The Canucks also end up with a performance bonus pool of $2,165,000, an amount that should be manageable given their sudden maneuverability.
It was, we cannot stress enough, an absolute master class in cap management. The perfect shot. Everything from the exchange between Riley Stillman and Jason Dickinson to the number of days Di Giuseppe spent on the list helped nail this so hard, and they pulled it off.
Kudos and praise goes to the Canucks’ entire front office, with the first and probably loudest AGM going to Émilie Castonguay, a former agent who was hired because of her deep understanding of NHL contract law and has now delivered clearly.
THE SEASON LAUNCH PARTY
For the first time in three seasons, we’re throwing a Season Launch Party in SOHO, and you’re all invited to join us! What’s happening? I’m glad you asked.
- Date: Saturday 15 October 2022
- When: 5.00
- Location: SOHO YEG (11454 Jasper Avenue)
- What’s included: Entry to the event, swag bag (complete with shirt, stickers, GCs), entry to the giveaways, after party with RIFF/RAFF
- As: GET YOUR TICKETS HERE HERE!
As always, we will also be adding a charity component to the event, where a portion of all ticket sales will be donated directly to Sport Central to support their mission of providing gear and bikes to children in need.
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