Confirmed with Link: Wallmark re-signed

[Anton Babchuk]

Canes Sign Lucas Wallmark to Two-Year Deal

RALEIGH, NC - Don Waddell, President and General Manager of the National Hockey League's Carolina Hurricanes, today announced that the team has agreed to terms with forward Lucas Wallmark on a two-year contract. Wallmark's contract is a two-way deal in 2018-19 and a one-way deal in 2019-20. The contract will pay $650,000 at the NHL level or $70,000 at the American Hockey League (AHL) level in 2018-19, with a $100,000 guarantee. In 2019-20, the contract will pay $700,000.

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[Surrounded By Ahos]

I can dig it

 

[GoldiFox]

Waiver eligible this year, right? Would guess he will be one of the first to get picked off.

Deal gives him a chance to get focused for camp. On him now to earn that 4th line C spot and maybe force a Rask trade.

 

[HisIceness]

Two year deal so, potential expansion fodder when Seattle gets their team?

 

[Bunch of Jurcos]

Oh the difference a hyphen makes

 

[Anton Babchuk]

Two year deal so, potential expansion fodder when Seattle gets their team?

They're not getting a team until '20-'21

 

[bleedgreen]

We have ufa’s up after this season so he’ll be in good position to get a spot then. If Rask moves I’m sure he’d get a shot at the fourth line at some point, maybe even if we keep Rask and guys get hurt.

 

[Lempo]

They're not getting a team until '20-'21

The Expansion Draft will be in June 2020, so it falls under season 2019-20, June 30/July 1st being the cutoff point.

If I remember correctly pending UFAs, and RFAs who had got Qualifying Offer made to them counted towards the mandatorily exposed players.

 

[Vagrant]

the second year of the deal may be waiver protection in a way. it's a lot easier to roll the dice on a guy who is signed for 1 year at a meager ahl salary, it's not so easy to take that chance when there's a second year of guaranteed nhl money. this is a "wait your turn" contract. if he gets picked off, no big deal, but if he doesn't then charlotte has another year of a key player. good structure for player and team. it's usually the case that teams don't touch other team's wallmarks during preseason waivers, because they're evaluating their own wallmarks. would imagine the risk of him being claimed to be fairly low with this deal.

 

[geehaad]

Oh the difference a hyphen makes

Yes, and thank you to the two posters who used them (or didn't) correctly!

 

[Lempo]

First time I see "minimum guaranteed salary" anywhere. The CBA doesn't know such thing, and indeed I believe doesn't allow such betweener Salary category on a two-way deal.

Technically you can device it by guaranteeing the player enough time in NHL roster so he gets the higher salary for a portion of season to push him above $100k, but such handshake guarantee is suspect in face of the terms of two-way SPC. And tricky in case of a trade.

 

[Vagrant]

First time I see "minimum guaranteed salary" anywhere. The CBA doesn't know such thing, and indeed I believe doesn't allow such betweener Salary category on a two-way deal.

Technically you can device it by guaranteeing the player enough time in NHL roster so he gets the higher salary for a portion of season to push him above $100k, but such handshake guarantee is suspect in face of the terms of two-way SPC. And tricky in case of a trade.

not sure how other teams have been approaching this, but it seems to be the case that carolina has been doing these types of deals with tweeners for a while. it's a way to mitigate the risk of losing players to europe if the options are your standard 70-80k at the ahl level or the 700-800k in the league. they may structure the guarantee as a bonus to be paid at the end of the year if the conditions aren't met regarding days on the nhl roster to reach the threshold, which might be the contractual loophole. something similar to a performance bonus? regardless, it seems good for both the league and the players so it's doubtful there would be any pushback from either side. it keeps the ahl teams competitive in ways they couldn't be if the options were gambling on making the team vs. the assured money in europe.

 

[SaskCanesFan]

Yeah this must be the 4th or 5th Canes 2 way contract I've seen that mentioned guaranteed money, they've definitely done it before. No idea how it works though

 

[Lempo]

not sure how other teams have been approaching this, but it seems to be the case that carolina has been doing these types of deals with tweeners for a while. it's a way to mitigate the risk of losing players to europe if the options are your standard 70-80k at the ahl level or the 700-800k in the league. they may structure the guarantee as a bonus to be paid at the end of the year if the conditions aren't met regarding days on the nhl roster to reach the threshold, which might be the contractual loophole. something similar to a performance bonus? regardless, it seems good for both the league and the players so it's doubtful there would be any pushback from either side. it keeps the ahl teams competitive in ways they couldn't be if the options were gambling on making the team vs. the assured money in europe.

It can't be a Performance (or Roster) bonus, those are allowed only to Entry-level guys and 35+ guys with one year contract.

Signing bonuses are a possible way to do it though, because the player gets that on top of his AHL pay. A $30k signing bonus is a bit silly but we'll see if that's what he gets.

 

[Anton Babchuk]

They've been doing guarantees for years. Probably with at least like 30 players. Right now Wallmark, Carrick, Brown, Poturalski, and Renouf all have guarantees in their contracts. First contracts I can recall this team doing with a guarantee were Keith Aucoin and David Gove way back in 2006. Hurricanes agree to terms with forwards Aucoin, Gove.

Every team around the league has these contracts.



I'm pretty sure the way it works is if the player doesn't make the guaranteed amount during the season (not enough days on the NHL roster) that he's cut a check for the difference at the end.

 

[Lempo]

Yeah. Damn. The SPC or the CBA doesn't really say that the salary can alter from one year to other either but that too obviously happens.

The salary shenanigans are probably set in them non-public NHL By-laws.

Apparently not signing bonus; Josh Jooris is a guy with Guaranteed Salary SPC in his history, but it didn't have signing bonuses.

 

[Boom Boom Apathy]

For those that have watched Charlotte more, would Wallmark be able to take over an NHL 4th line spot? The times I've seen him in the NHL, I haven't been overly impressed. Granted, in some of his call-ups, Peters played him only a handful of minutes so maybe he was just playing to not make a mistake. He seemed like a poor mans Victor Rask to me.

 

[emptyNedder]

For those that have watched Charlotte more, would Wallmark be able to take over an NHL 4th line spot? The times I've seen him in the NHL, I haven't been overly impressed. Granted, in some of his call-ups, Peters played him only a handful of minutes so maybe he was just playing to not make a mistake. He seemed like a poor mans Victor Rask to me.

In Charlotte he looked like a poor man's Backstrom. He made lots of passes and used positioning to lead to goals. For instance, the one "drought" that Zykov had was when Wallmark was in Raleigh. I don't remember exactly, but Zykov didn't score in the first 3-4 games and only had 1 goal in the six games Wallmark was gone (again this might not be totally accurate). Then Wallmark's first game back Zykov got two goals (or goal and assist to Wallmark) and had a goal in 3-4 consecutive games with Wallmark getting an assist on each. In the AHL, Wallmark seemed to be thinking a step ahead of the opponents.

In Raleigh, I think your assessment is pretty accurate. Wallmark didn't seem to make nearly as many plays. That could be because overall hockey sense is better, players react quicker, or BP didn't have him playing with line mates who could take advantage of his skills.

I wonder if Wallmark starts in Raleigh (either to give Necas some more time to acclimate in Charlotte or by the team stating that Rask needs extra time to make sure his shoulder is ready). It would be great to see Zykov/Wallmark/Teravainen with Aho centering Svechnikov for a few games. If Wallmark has a good stretch it gives the Canes some options because his trade value would be increased quite a bit.

 

[Boom Boom Apathy]

thanks @hitchhiker42

 

[tarheelhockey]

In Charlotte he looked like a poor man's Backstrom. He made lots of passes and used positioning to lead to goals. For instance, the one "drought" that Zykov had was when Wallmark was in Raleigh. I don't remember exactly, but Zykov didn't score in the first 3-4 games and only had 1 goal in the six games Wallmark was gone (again this might not be totally accurate). Then Wallmark's first game back Zykov got two goals (or goal and assist to Wallmark) and had a goal in 3-4 consecutive games with Wallmark getting an assist on each. In the AHL, Wallmark seemed to be thinking a step ahead of the opponents.

In Raleigh, I think your assessment is pretty accurate. Wallmark didn't seem to make nearly as many plays. That could be because overall hockey sense is better, players react quicker, or BP didn't have him playing with line mates who could take advantage of his skills.

I wonder if Wallmark starts in Raleigh (either to give Necas some more time to acclimate in Charlotte or by the team stating that Rask needs extra time to make sure his shoulder is ready). It would be great to see Zykov/Wallmark/Teravainen with Aho centering Svechnikov for a few games. If Wallmark has a good stretch it gives the Canes some options because his trade value would be increased quite a bit.

To me, this is the value of the preseason. Stick the guy into a challenging top-6 type role for a game or two and see what happens. Granted, it won’t be against full-on regular season level competition, but it’ll be pretty clear whether he can hack it or not against higher level players.

 

[Boom Boom Apathy]

I think with these signings, all of our RFAs are signed?

And other than Stempniak and Samuelsson (and Ganly and Kanzig from the ECHL), all of our UFAs have signed elsewhere. Is that correct?

 

[tarheelhockey]

I think with these signings, all of our RFAs are signed?

And other than Stempniak and Samuelsson (and Ganly and Kanzig from the ECHL), all of our UFAs have signed elsewhere. Is that correct?

Pretty sure that’s correct. Considering Stemp’s been numbered-out of the roster at this point, we’re done with NHL level roster moves internally (unless we extend someone early). Anything else this summer would be a trade or signing.

 

[Boom Boom Apathy]

Pretty sure that’s correct. Considering Stemp’s been numbered-out of the roster at this point, we’re done with NHL level roster moves internally (unless we extend someone early). Anything else this summer would be a trade or signing.

Yeah, the remaining UFA list is pretty slim pickings so I'd guess trade 1st and signing as a last resort (at least I hope).

Browse - CapFriendly - NHL Salary Caps

 

[DaveG]

Pretty sure that’s correct. Considering Stemp’s been numbered-out of the roster at this point, we’re done with NHL level roster moves internally (unless we extend someone early). Anything else this summer would be a trade or signing.

Kichton is a UFA still as well. Didn't notice that the Checkers had signed Robertson yesterday.

Yeah, Samuelsson is about the only notable left that may still be signed. Stempniak is likely to be a camp invite somewhere.

 

[tarheelhockey]

Kichton is a UFA still as well. Didn't notice that the Checkers had signed Robertson yesterday.

Yeah, Samuelsson is about the only notable left that may still be signed. Stempniak is likely to be a camp invite somewhere.

Seems early for the summer doldrums to kick in.

Hopefully someone gets arrested soon, so we have something to get excited about.