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Canucks Salary Cap Flexibility and Exapnsion Draft Protection

Team: 2020-21 Vancouver Canucks
Initial Creation Date: Jul. 23, 2020
Published: Jul. 23, 2020
Salary Cap Mode: Basic
Description
I wouldn't say the depth of the team is better than this year—but the improvement would come from the young stars being better than they were before. The trades would bring back some draft picks and it sets them up well for the draft lottery. Even if you knock each draft pick down a further round, they are necessary moves if they want to re-sign Petey and Hughes for 21-22 and bring in Podkolzin and Hoglander then too.

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Canucks re-sign Jacob Markstrom to be their franchise goalie. (5.5mm x 4)

Canucks re-sign Tyler Toffoli to ensure depth in their top-six. (5.5mm x 3)

Canucks re-sign Chris Tanev to a one-year deal, as his injury history prevents any other teams from offering him term, and to protect Tanev from being exposed to Seattle at the expansion draft. (4.5mm x 1)

Zack MacEwen makes the team and essentially wins Jake Virtanen's spot on the team.

Canucks trade away Loui Eriksson to Ottawa, who is willing to take on that contract to reach the cap floor. Eriksson has a $6mm x2 cap hit, but is only due to be paid $5mm total over his remaining contract term due to signing bonuses. Jake Virtanen is also traded for a high draft pick from Ottawa as the Canucks will not be able to protect him in the expansion draft.

Thatcher Demko is traded to the Detroit Red Wings because of the expansion draft. The Canucks cannot protect him as they have decided to re-sign Jacob Markstrom. Detroit covets a top goaltending prospect and is willing to trade a high draft pick and take a flyer on Sven Baertschi's expiring contract. The Canucks take on Calvin Pickard to be their backup for 20-21 and to fulfill their exposed expansion goalie requirement.

Brandon Sutter is traded to the Tampa Bay Lightning who are happy to take an offensive upgrade to their bottom six, on the condition that the Canucks retain salary to make the trade more equal. The Canucks exchange him for Barclay Goodrow to fill-in on their 4th line. If not Tampa, choose any team willing to take on 50% of Sutter's contract.

Jordie Benn is traded to the LA Kings who need defensive depth while they rebuild. His role has evaporated in Vancouver. If not LA, choose any team that needs defensive depth.

The moves leave the Canucks with approximately ~$5.9mm in cap space, which they use to pay the bonuses owed to Pettersson and Hughes rather than spread what is owed across two seasons.

Expansion draft protected players:
Forwards (7): Pettersson, Boeser, Miller, Horvat, Toffoli, Gaudette, MacEwen
Defense (3): Stecher, Juolevi, Rafferty
Goaltender (1): Markstrom
Not Eligble for Expansion Draft: Hughes, Rathbone

Expansion draft players exposed:
Forward: Pearson (UFA), Ferland, Roussel, Beagle, Motte, Goodrow (UFA)
Defense: Myers, Edler (UFA), Tanev (UFA)
Goaltender: Pickard (UFA)

Spicy take would be exposing Myers instead of Stecher, on the assumption that Seattle does not want to draft a contract of that size.
Free Agent Signings
RFAYEARSCAP HIT
1$850,000
1$1,000,000
2$2,000,000
2$2,500,000
UFAYEARSCAP HIT
3$5,500,000
4$5,500,000
1$4,500,000
Trades
1.
VAN
  1. 2020 2nd round pick (CBJ)
2.
VAN
  1. Pickard, Calvin
  2. 2020 2nd round pick (EDM)
3.
TBL
  1. Sutter, Brandon ($1,725,000 retained)
  2. 2020 6th round pick (VAN)
4.
VAN
  1. 2020 6th round pick (LAK)
Buyouts
Retained Salary Transactions
Recapture Fees
DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
2020
Logo of the CBJ
Logo of the EDM
Logo of the VAN
Logo of the VAN
Logo of the VAN
Logo of the LAK
Logo of the ANA
2021
Logo of the VAN
Logo of the VAN
Logo of the VAN
Logo of the VAN
Logo of the VAN
Logo of the VAN
Logo of the VAN
2022
Logo of the VAN
Logo of the VAN
Logo of the VAN
Logo of the VAN
Logo of the VAN
Logo of the VAN
Logo of the VAN
ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
23$81,500,000$75,848,545$1,700,000$5,400,000$5,651,455
Left WingCentreRight Wing
Logo of the Vancouver Canucks
$5,250,000$5,250,000
C, LW, RW
UFA - 3
Logo of the Vancouver Canucks
$925,000$925,000 (Performance Bonus$2,850,000$3M)
C, LW
UFA - 1
Logo of the Vancouver Canucks
$5,500,000$5,500,000
RW, LW
UFA - 4
Logo of the Vancouver Canucks
$3,750,000$3,750,000
LW
UFA - 1
Logo of the Vancouver Canucks
$4,125,000$4,125,000
C
UFA - 3
Logo of the Vancouver Canucks
$5,875,000$5,875,000
RW
UFA - 2
Logo of the Vancouver Canucks
$3,000,000$3,000,000
LW
M-NTC
UFA - 2
Logo of the Vancouver Canucks
$2,000,000$2,000,000
C, RW
UFA - 1
Logo of the Vancouver Canucks
$850,000$850,000
RW, C
UFA - 2
Logo of the Vancouver Canucks
$3,500,000$3,500,000
LW, RW
NMC
UFA - 3
Logo of the Vancouver Canucks
$3,000,000$3,000,000
C
M-NTC
UFA - 2
Logo of the Vancouver Canucks
$1,000,000$1,000,000
LW, RW
UFA - 2
Logo of the Tampa Bay Lightning
$925,000$925,000
C, LW
UFA - 1
Left DefenseRight DefenseGoaltender
Logo of the Vancouver Canucks
$916,667$916,667 (Performance Bonus$850,000$850K)
LD
UFA - 1
Logo of the Vancouver Canucks
$6,000,000$6,000,000
RD
NTC
UFA - 4
Logo of the Vancouver Canucks
$5,500,000$5,500,000
G
UFA - 6
Logo of the Vancouver Canucks
$6,000,000$6,000,000
LD
NMC
UFA - 1
Logo of the Vancouver Canucks
$4,500,000$4,500,000
RD
UFA - 4
Logo of the Vancouver Canucks
$925,000$925,000 (Performance Bonus$850,000$850K)
LD
RFA - 2
Logo of the Vancouver Canucks
$2,500,000$2,500,000
RD
UFA - 2
Logo of the Detroit Red Wings
$750,000$750,000
G
UFA - 1
Logo of the Vancouver Canucks
$863,333$863,333 (Performance Bonus$850,000$850K)
LD
UFA - 1
Logo of the Vancouver Canucks
$700,000$700,000
RD
UFA - 1

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Jul. 23, 2020 at 2:39 p.m.
#1
CbjSabresDucks
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Ottawa will demand assets to take on Loui. Tampa just gave up assets for Goodrow because he is so cheap, they aren't gonna downgrade to Sutter AND take on more money for a 6th.


I don't hate the Detroit trade and im not sure about the LAK trade
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Jul. 23, 2020 at 2:43 p.m.
#2
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They were really big
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Quoting: Bdawwwgy1
Ottawa will demand assets to take on Loui


They are getting Jake Virtanen, and as explained, the Eriksson contract has value for an owner like Melnyk who is trying to make the cap floor without actually spending the money.
Jul. 23, 2020 at 2:43 p.m.
#3
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The Kings do not need defensive depth, especially on the left side. They will have 4 guys competing for the 3LD spot next season.
Jul. 23, 2020 at 2:44 p.m.
#4
nucks
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Good analysis. I agree with most of the points. What I don't exactly like though is Demko being moved. I love him and all, but I'm not sure if he can keep up the past couple years of elite goaltending. I guess it falls on the 2020-21 season and seeing how Demko works out, if Markstrom can stay Vezina level, and what the trade deadline looks like and how much cash to resign Pettersson and Hughes. If Markstrom struggles and Demko breaks out, the best move would protect Demko instead. I really don't want to throw Baer in the AHL, so I really hope he can grab a chance on another roster.
Jul. 23, 2020 at 2:45 p.m.
#5
Lenny7
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A few things:
-Virtanen *might* get rid of Loui, but you're not getting a 2nd back in that deal.
-Tampa has their own cap issues. That's why they gave up a 1st to get Goodrow in the first place.
-LA probably doesn't need Benn. The Habs fans around here seem to love him, so I'm sure they'd take him.

From a "Protecting yourself from expansion" standpoint, great work on the amount of detail and thought that went into this though!
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Jul. 23, 2020 at 2:47 p.m.
#6
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Gunna be tough to get rid of Loui. On top of his bad cap hit and years he has the NTC which Im pretty sure automatically uses a protection spot in Seattle draft
Jul. 23, 2020 at 2:47 p.m.
#7
arky
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Dount Wings give up a 2nd for Demko because of your own explanation about expansion draft and glut on this years market of goalies. Doubt Yzerman want SB as he is looking for players with alot of heart and need a new start. He is batting 1 for two, with Fabbri and Perlini. Just do not think Sven is Stevies kind of player.
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Jul. 23, 2020 at 2:52 p.m.
#8
CbjSabresDucks
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Quoting: GarthSnowsShoulderPads
They are getting Jake Virtanen, and as explained, the Eriksson contract has value for an owner like Melnyk who is trying to make the cap floor without actually spending the money.


but you made it sound like it was a 2nd for Virtanen. even then, taking Loui's contract AND giving up a second is not worth Virtanen. I agree they might look into Loui but they hold all the leverage there, they don't HAVE to take him but Vancouver pretty much HAS to move him. if you don't offer up enough assets they will find money elsewhere
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Jul. 23, 2020 at 2:54 p.m.
#9
Bringer_Of_Snow
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Virtanen on his own doesn't warrant a 2nd round pick. Then you also manage to add in and dump Erikssons contract? Don't think its that easy..
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Jul. 23, 2020 at 2:56 p.m.
#10
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As a Wings fan, I'm interested in Demko, but I'd rather take on a larger cap dump to avoid giving up a high draft pick. Also, if I were you I'd look for a better backup goalie then Pickard. He hasn't played even decent in the NHL since he was with the Avalanche in 2016-17
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Jul. 23, 2020 at 3:06 p.m.
#11
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Value is off, need to swap players in the cap dumps.

Virtanen could get rid of Baertschi
Demko could get rid of Eriksson
Jul. 23, 2020 at 3:16 p.m.
#12
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Quoting: mikearky
Dount Wings give up a 2nd for Demko because of your own explanation about expansion draft and glut on this years market of goalies. Doubt Yzerman want SB as he is looking for players with alot of heart and need a new start. He is batting 1 for two, with Fabbri and Perlini. Just do not think Sven is Stevies kind of player.


Baertschi is a cap dump plain and simple, he passed through waivers a few times last season and was never claimed. I like Demko and would be nice to have him but a cap dump, a player and a 2nd is more than I'd give up to get him.
Jul. 23, 2020 at 3:21 p.m.
#13
Thread Starter
They were really big
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Quoting: Lenny7
A few things:
-Virtanen *might* get rid of Loui, but you're not getting a 2nd back in that deal.
-Tampa has their own cap issues. That's why they gave up a 1st to get Goodrow in the first place.
-LA probably doesn't need Benn. The Habs fans around here seem to love him, so I'm sure they'd take him.

From a "Protecting yourself from expansion" standpoint, great work on the amount of detail and thought that went into this though!


Not gonna lie I wasn't even aware that Goodrow had been traded for a 1st round pick. That is insane to me. Yeah, the value TBL place on him is completely different than what I interpreted.
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Jul. 23, 2020 at 3:32 p.m.
#14
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The only deal I think is off is Tampa. I doubt they would look at that for a few reasons but Ottawa and Detroit deals I think look reasonable.
Jul. 23, 2020 at 3:53 p.m.
#15
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Quoting: sens2020
Gunna be tough to get rid of Loui. On top of his bad cap hit and years he has the NTC which Im pretty sure automatically uses a protection spot in Seattle draft


NTCs do not warrant automatic protection, only NMCs. Eriksson can be left exposed.

None of Vancouver's players will receive automatic protection. They have 3 NMCs right now in Edler, Myers, and Ferland, but Edler's contract ends in 2021 and both Myers' and Ferland's clauses reduce to a NTC after the 2021 season.
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Jul. 23, 2020 at 3:58 p.m.
#16
GO BOLTS
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TBL needs to shed salary not add. If you want Johnson, Gourde, Palat then we can talk.
Jul. 23, 2020 at 4:26 p.m.
#17
Hockey 1st Sens 2nd
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Ottawa will have no problems reaching the floor without Eriksson. Vancouver on the other hand is pretty pooched if they can't shed some cap. Your offer is not accepted.
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Jul. 23, 2020 at 5:12 p.m.
#18
Once a Kings Fan Too
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You can find some taker for Benn; just not Los Angeles. The other deals are all heavily slanted in favor of Vancouver.

Look at the Backes trade for the type of deal that 's going to be necessary to get rid of Eriksson, particularly now that the economic environment has worsened significantly since then. Eriksson with retention, Virtanen and a second is the least outgoing package I see working.

Baertschi isn't really a problem. He can be bought out for $1,766,667 and $800,000 over two years or you can just sit him out for one year.

Sutter is another cap dump who isn't going to bring you a positive return. I think that you'll have to give a third for a fourth to get him off your books.
Jul. 24, 2020 at 1:28 p.m.
#19
Best In The World
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VAN is not moving Virtanen
 
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