NHL Transactions 7/6

  • C Alex Galchenyuk re-signs with Montreal for 3 years with an AAV of $4.9 million
    • Previous Contract: 2 years, $5.6 million with an AAV of $2.8 million signed with Montreal.
    • Original Projection: I thought that Galchenyuk was going to be traded this offseason, and still may be, and then would re-sign with that for 2 years with an AAV of $3.5 million.
    • Thoughts: I think that perhaps this contract is a sign of a turnaround in thinking for Montreal GM Marc Bergevin. Galchenyuk is a top-tier forward who has the potential to develop into a first line center if the Canadiens, or any other team, gives him that opportunity.  I am shocked at the high salary they signed him to but perhaps that was the result of them dragging him the past two seasons as well as the way the team has talked about him in the media.  I think that re-signing him was a must, even if they are going to trade him, because he is extremely valuable and the team needs a top level center.  I wonder if Montreal had attempted to get extra years in this deal and that Galchenyuk didn’t want to with how he has been treated.  If that is the case, I don’t blame him and still believe that the team has messed up the situation with Galchenyuk in every way possible.
  • C Zach Hyman re-signs with Toronto for 4 years with an AAV of $2.25 million
    • Previous Contract: 2 years, $1.8 million with an AAV of $900,000 signed with Toronto.
    • Original Projection: I predicted that Hyman would re-sign with Toronto for 3 years with an AAV of $2 million.
    • Thoughts: Hyman was really good for the Maple Leafs last season and appears to be a key part of the team’s core moving forward. I thought that he was going to re-sign with Toronto but only for three years which would allow him to hit free agency again at age 28. Instead, he got an extra year but also will receive a higher salary than I had predicted.  This was a smart signing by Toronto because I think they believe he could develop further and locking him down at such a reasonable salary will be key to being able to make further roster decisions in the future.
  • G Philipp Grubauer re-signs with Washington for 1 year, $1.5 million
    • Previous Contract: 2 years, $1.5 million with an AAV of $750,000 signed with Washington.
    • Original Projection: I thought that Grubauer was going to be taken by Vegas in the Expansion Draft and would sign with them for 3 years with an AAV of $2.5 million.
    • Thoughts: I am actually surprised that Grubauer is back with Washington given their salary cap situation.  Perhaps this could lead to them trading him during the season in exchange for prospects and/or draft picks.  I think it is a smart signing for Washington to retain Grubauer but I think at somepoint he will be playing elsewhere rather than being stuck behind Braden Holtby on the depth chart.
  • C Nick Shore re-signs with Los Angeles for 1 year, $925,000
    • Previous Contract: 2 years, $1.2 million with an AAV of $600,000 signed with Los Angeles.
  • D Mark Pysyk re-signs with Florida for 3 years with an AAV of $2,733,333
    • Previous Contract: 2 years, $2.25 million with an AAV of $1.125 million signed with Buffalo.
    • Original Projection: I predicted that Pysyk would re-sign with Florida for 4 years with an AAV of $3.25 million.
    • Thoughts: I think it was important for the Panthers to re-sign Pysyk because it gives them six solid defensemen and a real possibility that they sign a seventh one to add depth.  I like the term and the salary on this deal as Pysyk is just 25 years old and his salary is really manageable.  It also buys the Panthers time to determine how good of a defenseman Pysyk is and make the decision if they are going to sign him to a long-term deal when he is a free agent again.

*All stats and information came from tsn.ca, hockey-reference.com, and capfriendly.com

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