Carolina Hurricanes financials for 2020-21 and 2021-22

Carolina Hurricanes financials for 2020-21 and 2021-22

On Tuesday night with the #13 selection in the 2020 NHL Draft the Hurricanes drafted forward Seth Jarvis from the Portland Winterhawks of the Western Hockey League. Jarvis is a bit undersized but rates high for playmaking, creativity and hockey smarts. My intent is to cover the Canes drafted players after the draft concludes on Wednesday.   A recurring theme during the off-season in considering lineup changes has been the fact that the Hurricanes have a bit of salary cap budget flexibility for 2020-21 but need to be careful overcommitting for 2021-22 when Andrei Svechnikov needs to be re-signed. I touched on some of the upcoming contract specifics in an article on September 22 entitled, “Money matters.”  Today’s Daily Cup of Joe looks at the Carolina Hurricanes salary situation in more detail for 2020-21 and 2021-22.   2020-21 Carolina Hurricanes salary cap situation For 2020-21, the previous roster is mostly already signed with a bit of room to possibly add another player or two. The team has 11 forwards under contract with Warren Foegele as a restricted free agent with arbitration rights. Foegele’s 30-point season will garner a raise from his entry-level contract, but should be modest. On defense, the Hurricanes have six defensemen under contract counting Jake Bean and have Haydn Fleury as a restricted free agent with arbitration rights for a seventh. With a season spent mostly in a third pairing role with a modest point total, Fleury’s raise should be modest like Foegele’s. Finally, in net the Hurricanes have Petr Mrazek, James Reimer and Alex Nedeljkovic all under contract. Estimating Warren Foegele and Haydn Fleury at...
Why Steven Stamkos to the Hurricanes makes sense

Why Steven Stamkos to the Hurricanes makes sense

See also today’s Daily Cup of Joe article today covers the draft and front part of the off-season (free agents and trades) more generally HERE. After writing a broader article about the draft and front part of the off-season including player additions, a quick check of hockey Twitter now officially on the day of the 2020 NHL Draft yielded this… A big reason for moving 💵 is to be able to sign those young RFAs. Notably absent from untouchable list is captain Steven Stamkos. That doesn’t guarantee Stamkos will be dealt but it’s within realm of possibility though his health could obviously be a factor. — Bob McKenzie (@TSNBobMcKenzie) October 6, 2020   Targeting the single greatest single slot for potential gain I am on record as not just saying, “Yes! Yes! Yes!” to every big name that hits the market. I have already hard passed on Patrik Laine and almost by default on the ever popular “look shiny things” deals that consider trading out of an incredible contract and core player in Brett Pesce to do a sideways deal to add a comparable level forward. But I am also on record as saying that the single biggest area for a difference-making trade for the Hurricanes is to add a bona fide catalyst/scoring C2. The Hurricanes finally have a legitimate first scoring line really need a second line to have the depth and balance to beat good teams in the playoffs especially in road games where the opponent dictates match ups. Evidence suggests that Don Waddell knows this and has the same focus. The tried Necas as a center...
Carolina Hurricanes odds for the 2020 NHL Draft and front part of the off-season

Carolina Hurricanes odds for the 2020 NHL Draft and front part of the off-season

In addition to the broader article on the draft and beginning of the NHL trade/free agent off-season, see also my article detailing why Steven Stamkos to the Carolina Hurricanes could surprisingly make sense for both teams.   So to put things into a normal NHL schedule, tomorrow and Wednesday are about the third weekend in June when the NHL Draft normally occurs. Then Friday is July 1 when free agency opens. In a normal off-season, that July 1 free agency kick off would put training camps out just over two months and the start of the regular season just over three months away. So if that schedule holds that would mean training camps in December and the start of the regular season early in the new year. But when exactly NHL hockey returns is a big unknown right now which makes the next couple weeks of regular NHL news even more exciting. Today’s Daily Cup of Joe tries to put odds to different possibilities for the draft, trade activity surrounding the draft and the front part of free agency.   The Hurricanes select Russian goalie Yaroslav Askarov with the #13 selection in the 2020 NHL Draft – 10% Aside from a couple players slated to go in the first few picks, probably the player with the most buzz right now is goalie Yaroslav Askarov. A few months ago, he was projected to be picked right around where the Hurricanes pick at #13, but his stock seems to have risen such that the odds of getting him at #13 have seemingly decreased. There are enough teams ahead of the Hurricanes...
The floor is open…Who are your targets? What are your priorities?

The floor is open…Who are your targets? What are your priorities?

After a variety of articles consider different possible trade and/or free agent additions to improve the 2020-21 Carolina Hurricanes, today’s Daily Cup of Joe opens the floor for you to play Don Waddell for a day.   1) For goalie, would you try to make an upgrade or just go with some combination of Mrazek, Reimer and Nedeljkovic? If you would try to upgrade, who would you target?   2) If you could add only one player from the many who could at least theoretically be available, who would you target?   3) Which Canes player is most likely to be traded before the start of the 2020-21 season?   4) Who is the most likely outside addition before the start of the 2020-21 season?   Go...
Picking targets for off-season acquisitions (Part 1 of …probably 2)

Picking targets for off-season acquisitions (Part 1 of …probably 2)

With the uncertainty right now in terms of financials and even format (which will also impact financials) for the 2020-21 NHL season, the off-season is likely to be more drawn out than a typical summer event that sees a flurry of trade activity around the draft, a flurry of free agent signings about a week later and then not nearly as much activity after that. But regardless of pace, I would expect things to kick off to some degree next week with the 2020 NHL Draft even though it will lack the usual easy mingling that comes with an in-person draft. Leading up to that, today’s Daily Cup of Joe follows articles from all angles on possible additions with a shorter list of targets.   Goalies I am on record as saying that the Hurricanes would be fine bringing back Petr Mrazek and James Reimer. I also am not a big fan of a long-term maximum salary deal for a goalie over 30 years old. Further, per my article yesterday, I do not see the goalie position as one where sizable gains are really available. So standing pat is definitely an option. But all that said, I am intrigued by the possibility of adding a goalie with potential upside if the cost is modest and the commitment is short-term, and here is why… In recent history, the Hurricanes have a good track record for goalies coming off of ‘meh’ or worse seasons and playing well with the Hurricanes. Mrazek was a reclamation project when he arrived. Reimer was coming off a down season. And maybe to a lesser degree,...