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Henrik Borgstrom Linked To Jokerit Of The KHL

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Henrik Borgstrom’s stock has certainly fallen over the last couple of years.  When he left the University of Denver in 2018 after a stellar sophomore season, he looked like a can’t-miss prospect that was ready to step in and play a regular role for the Panthers in the immediate future.  Fast forward to today and he has yet to lock down a full-time spot.  His next move may be heading overseas as a report from Jatkoaika’s Antti Parnanen notes that Borgstrom is in talks with Jokerit of the KHL for a contract for next season.

The 22-year-old played in 50 games with Florida in 2018-19 but saw that number dip to just four this season.  Instead, he spent most of the year with AHL Springfield and his numbers there didn’t exactly jump off the charts with 23 points in 49 games.  For context, he had 22 points in just 24 AHL contests a year ago.  Accordingly, it’s fair to suggest that he has dropped a little bit on Florida’s depth chart along the way.

Borgstrom will be eligible for waivers starting next season and given his upside, it’s a fairly safe bet that he wouldn’t be back in the AHL next season as someone would undoubtedly take a chance on him if Florida was to put him on the wire.  However, while he could hold his own as a 12th or 13th forward on a roster, that may not be the best for him from a long-term perspective.

A season overseas back home with Jokerit – the program he developed in before coming to North America – could certainly help get him back on track.  There, he’d have an opportunity to play in an offensive role and boost his stock.  It would be a similar approach to what Edmonton winger Jesse Puljujarvi did this season where he went back home and was among the top scorers in the SM-liiga.

Of course, the ongoing pandemic could certainly play a role here as well.  At this stage, it certainly seems possible that the2020-21 campaign is unlikely to start as scheduled whereas the KHL is currently planning to start around their usual time in September.  Going there would ensure that he’s playing next season and still open up the possibility to come back to North America partway through the next NHL campaign.  Parnanen adds that if Borgstrom and Jokerit do indeed reach an agreement, it likely wouldn’t be signed until the fate of the current NHL season is determined.

If Borgstrom does go overseas, the Panthers would be able to retain his rights as a restricted free agent by tendering him a qualifying offer this offseason.  He’s not eligible for salary arbitration and wouldn’t be after a season in the KHL either but a strong season with them could certainly bolster his negotiating position, one that will be rather low after the year he just had.

Photo courtesy of USA Today Sports Images.

Grigori Denisenko Signs Entry-Level Contract

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The Florida Panthers will be bringing over one of their top prospects, agreeing to terms with Grigori Denisenko on a three-year entry-level contract. The young forward spent the last two seasons in the KHL, playing for Yaroslavl Lokomotiv. Panthers GM Dale Tallon released a short statement on the agreement:

Grigori is an exciting, dynamic and highly skilled young forward who has been a top player on the international stage and served as captain of Team Russia at the World Juniors. We are thrilled for his bright future with the Panthers for years to come.

There are few prospects with more upside than the 19-year old Denisenko, who recorded 12 points in 38 games this season in the KHL. The teenage forward led Russia in scoring at the World Juniors for the second consecutive year, captaining them to a silver medal in the process (they won bronze in his first go-round).

Along with his immense skill, is his willingness to engage physically when necessary, making him a well-rounded fit for several different roles at the next level. He’s not a power forward by any means—Denisenko stands just 5’11” 180-lbs—but he also isn’t just a perimeter player.

Selected 15th overall in 2018, you can bet the Panthers front office and coaching staff are excited to finally get their hands on Denisenko in order to start him on their own development program. He joins quite a talented group of prospect forwards, including other high-end talents like Owen Tippett and Henrik Borgstrom.

Florida Panthers Expected To Sign KHL’s Artyom Sergeyev

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The Florida Panthers might get a chance to boost their play on the blueline as Igor Eronko of Sport-Express reports that KHL defenseman Artyom Sergeyev has informed his team, Salavat Yulaev Ufa, that he intends to sign with the Panthers when his KHL contract expires on May 1.

The 27-year-old defensive defenseman has played in the KHL for the past five years. He has played the last two years for Salaat Yulaev Ufa, where he has scored eight goals and 21 points in 110 games. He’s also no stranger to North America as he played three years in the QMJHL with the Val-d’Or Foreurs and then played two seasons with the Syracuse Crunch in the Tampa Bay Lightning system from 2013-15. Unfortunately, Sergeyev never got a chance at the NHL while there and was even sent to the Florida Everblades of the ECHL at one point in 2015, before opting to return to Russia.

The Panthers struggled defensively last season as they were tied for third in the league with the most goals allowed per game, 3.25, while allowing the 10th most shots in the league at 32.3. That didn’t help newly signed goaltender Sergei Bobrovsky, who struggled in his first season after signing a seven-year, $70MM contract. He finished the season with a career worst 3.23 GAA and a .900 save percentage. The hope is that Sergeyev can take some of the pressure off Bobrovsky.

Potential Compliance Buyout Candidates: Part II

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As the current Coronavirus crisis wears on, it seems more and more likely that the NHL will not return to action soon and when play resumes, it will almost certainly not be the full remaining regular season schedule. That lost revenue is expected to impact the 2020-21 salary cap, perhaps even keeping the current $81.5MM upper limit in place. Given that teams expected an increase, initially projected to be between $84-88.2MM, this stagnation could have a harsh impact on a number of clubs’ cap situations. As such, many expect that compliance buyouts will return in some form or fashion to ease that pain. These buyouts, which do not count against the salary cap, would allow for teams to open up space that they otherwise expected from a cap increase.

After taking a look at the first ten teams, we move on to the middle third of the NHL:

Detroit Red Wings: Justin Abdelkader

– When Abdelkader signed a seven-year extension with an AAV of $4.25MM following his career-best season in 2014-15, it was perceived to be a bargain at the time and few expected that it would turn out poorly. Yet, with three years still to go Abdelkader has failed to impress in each of the first four seasons, recording a total of just 78 points and consistently missing time due to injury. On a young rebuilding team, the 33-year-old forward’s slow, plodding game is not a fit and his salary is not commensurate to his role on the club. New GM Steve Yzerman wouldn’t hesitate to buy out the career Red Wing if given the opportunity.

Edmonton Oilers: James Neal

– Last summer’s swap of Neal for Milan Lucic was labeled as two teams exchanging bad contracts. However, Neal got off to a hot start and ended up with 19 goals and 31 points despite being limited to just 55 games due to injury. That being said, the 32-year-old forward, who was a -20 this season, is still probably the worst contract on the team. The likelihood of Neal playing up to his remaining $17.25MM over three years seems slim and the Oilers could use the cap space to add a younger, better winger. If Neal has earned the trust of the team, Kris Russell could be bought out before his final year at $4MM.

Florida Panthers: Sergei Bobrovsky

– Would the Panthers move on from Bobrovsky just one year after handing him a seven-year, $70MM deal? That could be the biggest question of the off-season if compliance buyouts become reality. The star goalie’s first season in Florida could not have gone worse as he posted a career-worst GAA and didn’t boast a shiny save percentage either. Expected to be the Cats’ savior in net, Bobrovsky was anything but. If they hesitate to cut ties with Bobrovsky and his play does not improve, he would undoubtedly become the worst contract in hockey. Though on the other hand, if Bobrovsky goes elsewhere and succeeds and Florida cannot find a suitable location, some would surely say that they didn’t give him enough of a chance.

Los Angeles Kings: Jonathan Quick

– The rebuilding Kings have been trying to move Quick for a couple of years now and it would be a surprise if they did not take advantage of a compliance buyout opportunity. A holdover contract from the days of yore, Quick’s ten-year, $58MM deal signed in 2012 remained a bargain for the first half of the term until Quick hit a wall last year. While his play rebounded this season, Quick is still not playing up to the all-world level that had become the norm. L.A. is still a ways away from contending and can make more use of extra cap space over the next three years than a goalie who is past his prime.

Minnesota Wild: Zach Parise

– The Wild and new GM Bill Guerin came awfully close to trading Parise at the deadline this season and in recent years players who have been rumored to be leaving Minnesota are always eventually dealt. However, the potential trade included the team taking back bad salaries to facilitate the movement of Parise’s remaining five years and $37.69MM. Although Parise showed a return to form somewhat over the past two years, he has never been able to replicate his numbers from earlier in career and the team has generally been unhappy with the results of their 13-year gamble. If the possibility to dump the 35-year-old Parise without any cap repercussions opened up, it would become a serious conversation. More interesting would be if the Wild also discuss Mats Zuccarello as a buyout candidate after he was a bust in the first of a five-year, $30MM deal.

Montreal Canadiens: Karl Alzner

– While there will be those that find some of the bigger names on Montreal as intriguing buyout candidates, Alzner seems like an obvious choice that will improve the roster without any risk of releasing a good player or upsetting team chemistry. Few players in recent history have had their team turn on them following a major contract as quickly as the Canadiens did with Alzner. After signing the physical defenseman as a top free agent in 2017, the Habs decided just a year later that he was not worthy of an NHL roster spot following a difficult first season. Alzner has played just 13 NHL games over the past two years, buried in the AHL for the remainder. With two years at $4.625MM remaining, Montreal would be happy to be completely rid of Alzner’s contract rather than receiving just minor saving from sending him to the minors instead.

Nashville Predators: Kyle Turris

– For a long time, Nashville GM David Poile was opposed to handing out expensive, long-term contracts. That policy served him well for quite a time, as the Predators ended up with a number of tremendous values on the roster. Since the team has started to move away from that practice, things have not gone so well. Turris is the poster boy for this statement. He signed a six-year, $36MM extension with Nashville not long after being acquired by the club early in the 2017-18 season and has never lived up to the expectations. His 54 total points over the past two years is less than the one-year total the season prior to his joining Nashville. Turris has become an expendable player, not only missing time due to injury but also as a healthy scratch. The team has been eager to move him and they likely wouldn’t hesitate to do so with a compliance buyout.

New Jersey Devils: Cory Schneider

– An overpaid, under-performing starting goalie is one thing; an overpaid, under-performing backup is another. It has been quite a time since Schneider was the top man in net in New Jersey and young Mackenzie Blackwood has now taken the reins. However, Schneider’s horrific numbers over the past two year suggest that he isn’t even capable of being an NHL backup at this point in his career. With two years remaining at $6MM, Schneider’s might be the worst goalie contract in the league and a rather obvious buyout candidate.

New York Islanders: Andrew Ladd

– Ladd, part of the infamous 2016 class of terrible free agent contracts, Ladd has never provided adequate value to the Islanders compared to his $5.5MM AAV. The team finally buried him in the AHL this season after recording just 71 points through his first three years. With the majority of their forwards signed to substantial long-term deals, there is almost no chance that Ladd can ever work his way back into the NHL mix for the Islanders. New York was ready to move him at the trade deadline and would be quick to buyout the final three years of his deal rather than continue to pay major money for him to play in the minors.

New York Rangers: Henrik Lundqvist

– While it would be a sad day for the Blueshirts and their fans, the reality is that Lundqvist is the best use of a compliance buyout on the team. New York was considering moving young Alexandar Georgiev at the deadline rather than continue to carry three goaltenders, as Igor Shesterkin looks like the starter of the future and King Henrik has become an immovable contract. However, the team would be far better off retaining both young goalies and moving on from Lundqvist, who at 38 years old had the worst season of his career and still has a season remaining at $8.5MM. That’s a hefty salary to pay the man who would be your third-string goalie next season if Georgiev is not moved. The Rangers have no shortage of options though if they cannot overcome the loyalty they feel toward Lundqvist. Defensemen Marc Staal, $5.7MM AAV, and Brendan Smith, $4.35MM AAV, have both outworn their welcomes in New York and would not be missed in the final years of their respective contracts.

Stay tuned for Part III coming soon.

Florida Panthers Agree To Terms With Cole Schwindt

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The Florida Panthers continue to add more names to their prospect cupboard, this time agreeing to terms with OHL standout Cole Schwindt. The contract will be a three-year entry-level deal for the 18-year old center. Panthers GM Dale Tallon gave his thoughts on the young forward:

Cole is a talented and responsible two-way player who had an excellent season playing a key role with Mississauga. He possesses great versatility, size and character and we are excited about his continued development with the Panthers.

Selected 81st overall in 2019 by the Panthers, Schwindt’s offensive totals shot up for the third straight year with the Mississauga Steelheads. The 6’2″ 182-lbs forward recorded 71 points in just 57 games, easily leading the Steelheads in scoring.

Given that Schwindt will not turn 19 until later this month, he is destined to spend another year in the OHL unless he makes a miraculous impression at Panthers training camp. His time with the organization will come later, though his contract will slide forward should he fail to play in ten NHL contests during the 2020-21 season.

Snapshots: Denisenko, Gerard, Olympics

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The Florida Panthers are expected to sign prospect Grigori Denisenko on May 1 after his KHL contract expires, according to Igor Eronko of Sport-Express. The young forward apparently “refused” to sign an extension with his KHL club and will instead be coming to North America. That’s not a huge surprise after the Panthers used the 15th-overall pick on Denisenko in 2018, but it should create some excitement in Florida as they wait for hockey to return.

The 19-year old Denisenko has twice suited up for the Russians at the World Juniors, earning bronze and silver medals while leading the 2019 tournament in scoring and captaining the 2020 squad. In 38 games with Lokomotiv this season he recorded just 12 points, but even playing regularly at his age is an accomplishment. Even though they already have a formidable forward group in the NHL, there is a lot to look forward to in the Florida prospect system with names like Denisenko, Serron Noel, Owen Tippett, Henrik Borgstrom, and others upfront.

  • The Colorado Eagles have added a prospect of their own, signing Charlie Gerard to a two-way AHL contract for 2020-21. The 24-year old forward recently finished his senior season at Minnesota State-Mankato, where he recorded 30 points in 37 games. The undersized Gerard will be joining an organization that was one of the strongest in the AHL before the season shut down and has routinely rewarded their minor league players with solid salary guarantees.
  • Usually when NHL commissioner speaks about the Olympics he is referring to the winter variety, but today he spoke to NBC Sports Network’s Mike Tirico about how the postponement of the upcoming Tokyo summer games could potentially be beneficial to hockey. Frank Seravalli of TSN examined the league boss’s comments, and explained how without the Olympics taking up several weeks in the summer there is now a “broader window” for the NHL to resume play. There are no firm plans at this point as Bettman and the league plays the wait-and-see game, but he did confirm that they could play “well into the summer” if need be.

Stretch Run Storylines: Florida Panthers

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As things stand, the NHL is planning to have games resume at some point over the coming weeks.  Assuming the regular season continues, there will be plenty of things to watch for over the stretch run.  Over the coming weeks, PHR will examine the top stretch run storylines for each team.  We continue our look at the Atlantic Division with Florida.

Optimism was high for the Panthers heading into this season.  Bolstered with a high-priced new starting goalie and a well-respected head coach (not to mention some other smaller upgrades), they were hoping to be in contention this season.  Instead, they’re presently on the outside looking in at the playoffs but are close enough to get in if regular season play resumes.  Their positioning in the standings is just one of the elements to watch for down the stretch.

Who Stays, Who Goes?

With a little over $60MM in commitments for next season, the Panthers have some wiggle room to work with this offseason although with only 13 players counting towards that total, they have a lot of spots before they can fill out their roster.  Heading into the season, it was looking like Florida would only be able to retain one of their two notable pending unrestricted free agents on the wing in Evgenii Dadonov and Mike Hoffman.  Trading Vincent Trocheck was supposed to help their chances but the potential for a flattened or lower salary cap now largely offsets that.  Accordingly, they may not be able to keep both of them after all even with Trocheck off the books.

After putting up 70 points apiece last season, Hoffman was producing at a nearly identical rate this year while Dadonov’s numbers dipped a little bit as he was on pace for less than 60 points, a mark he reached in both of his seasons with the Panthers.

Hoffman is about seven months younger than Dadonov and both will be expected to command a reasonably long-term deal this summer.  Even in a potentially deflated market, a five-year or six-year term may be doable.  As things stand, both should be looking at raises on their current price tags ($5.1875MM for Hoffman, $4MM for Dadonov).  If they can only afford to keep one of them, how they fare down the stretch and potentially in the postseason could go a long way towards determining which one stays with Florida.

Bobrovsky’s Struggles

In recent years, one of the themes around Florida was ‘if they only had even average goaltending’.  That position had been their Achilles’ heel but Sergei Bobrovsky was supposed to change that.  The Panthers demonstrated how confident they were with him being the long-term solution when they signed him to a seven-year, $70MM contract.

Let’s just say that they haven’t been rewarded on that investment yet.  The veteran has a .900 SV% on the season, his lowest since his sophomore campaign in Philadelphia when he posted a .899 mark in 28 games.  His GAA of 3.23 is the worst of his career by nearly a quarter of a goal per game.  These are numbers that are expected of a journeyman backup, not the second-highest-paid goalie in NHL history.  Instead, they’re getting basically the same results as last year, just at a higher price tag.

But some cause for optimism here isn’t unfounded.  Bobrovsky has gone on hot stretches in the past and carried a team on his shoulders and with the firepower Florida has, they don’t even need him to do that.  If he plays even close to a level of an average goaltender, that could very well be enough to get them over the hump.  He will certainly be one to keep an eye on if games resume.

Standings Watch

There are a handful of teams that will be unhappy if the NHL jumps immediately to the playoffs without expanding the format and Florida is certainly among those.  Earlier this week, captain Aleksander Barkov told George Richards of The Athletic (subscription required) that he doesn’t “think it would be right if we’re left out”.

That point of view is understandable as the Panthers are within striking distance of both a Wild Card spot and the third seed in the Atlantic Division; they’re within three points of each.  On top of that, they have a game in hand on Columbus and Toronto, the teams they’re chasing for those two positions.  They also have a game against the Maple Leafs that could very well make or break their fortunes.  Florida controls their own destiny if they get the opportunity to play out the rest of the regular season or at least part of it.  They’re likely to be the team that’s right in it until the end, assuming the end hasn’t hit already.

Photo courtesy of USA Today Sports Images.

Florida Panthers Agree To Terms With John Ludvig

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The Florida Panthers have reached a deal with one of their 2019 draft picks, agreeing to terms with defenseman John Ludvig on a three-year entry-level contract. Ludvig plays for the Portland Winterhawks of the WHL and just finished an incredible season as captain. Panthers GM Dale Tallon released a statement on his newest prospect:

John had an outstanding season for Portland in the Western Hockey League and was among the league’s top defensemen. He is a talented defenseman who possesses great compete, physicality and character. We are excited for John’s continued development and look forward to his future in the Panthers organization.

For a player who was picked in the third round, you can’t expect a much better post-draft season than the one Ludvig just completed. After scoring just 25 points in his first two WHL seasons combined, the 19-year old defenseman exploded offensively this year and finished third among all defensemen with 62 points. Add in the level of physicality that Ludvig showed in his own end and the leadership skills he possesses and it’s easy to see why the Winterhawks sat at a league-leading 45-11-7 record at the time of the WHL cancelation.

Ludvig actually went undrafted in his first year of eligibility, meaning he’ll turn 20 this summer and is eligible for the AHL next season. Whether he will be assigned to the minor leagues or return to the CHL isn’t clear, but you can bet that the front office will keep a close eye on him as a potential impact player for the Panthers.

Alec Rauhauser Signs With Florida Panthers

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Just moments after announcing they had signed Max Gildon, the Florida Panthers added another prospect. This time it’s Alec Rauhauser that has agreed to terms with the team on a one-year two-way contract. Unlike Gildon, who was a third-round pick in the NHL Entry Draft, Rauhauser went undrafted entirely and was an unrestricted free agent. He recently finished his senior season at Bowling Green University. where he served as captain. Panthers GM Dale Tallon explained why the team went after Rauhauser:

Over four seasons at Bowling Green, Alec has proven himself to be among the best at his position at the collegiate level. He is a skilled two-way defenseman who is a leader both on and off the ice. We are excited to have him join the Panthers organization.

Just like in Gildon’s case, the Florida depth chart likely looks appealing to a player like Rauhauser who is trying to finally make the jump to professional hockey. Though the 25-year old may not have quite the same upside, it’s hard to argue with another 6’3″ defenseman that scored 122 points in 159 college games. Rauhauser was named the WCHA Defensive Player of the Year as a sophomore and a senior, making the conference first or second All-Star team in each of his final three years at Bowling Green.

The Panthers were looking at ways of shaking up their defensive group all season, with various names hitting the rumor mill leading up to the trade deadline. If the front office decides to make a change in the offseason, you can bet names like Gildon and Rauhauser will come in handy, whether logging NHL or AHL minutes.

Florida Panthers Agree To Terms With Max Gildon

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After reports emerged yesterday, the Florida Panthers have made it official. Max Gildon has agreed to terms with the club on a three-year entry-level contract. After recently completing his sophomore season at the University of New Hampshire, Gildon will turn pro and start the next chapter of his career in Sunrise. Panthers GM Dale Tallon released a statement about his newest prospect:

Max is a dynamic and exciting young defenseman who possesses size and skill and plays the game with an edge. Since beginning his collegiate career, he has been a key player for the University of New Hampshire and has been a leader for his team. We are thrilled for Max to take the next step in his development with the Panthers.

There’s no doubt that Gildon is ready to test himself at the next level. After being selected 66th overall in 2017, the 6’3″ defenseman has simply dominated his college competition. Mix 73 points in 101 games with a strong, physical presence in his own end and you get a player that looks like an NHL contributor. While there may still be development time in the plan for the 20-year old, you can bet he’s excited about the opportunity the Florida depth chart may present.

Sure, the Panthers currently have eight defensemen on the NHL roster and acquired Chase Priskie at the deadline, but that doesn’t exactly tell the whole story. Mark Pysyk and Mike Matheson had been playing forward for the team, and while the latter has a long-term contract there’s a real chance they could both be in a different organization at the start of the 2020-21 campaign. MacKenzie Weegar and Josh Brown are both restricted free agents, while Riley Stillman is just starting to prove himself at the NHL level.

There could be real ice time to be won in Florida next season and Gildon should have a good chance to earn some of it.

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