Free agency is now less than six weeks away and many teams are already looking ahead to when it opens up. There will be several prominent players set to hit the open market in mid-July while many teams have key restricted free agents to re-sign as well. Next up is a look at the Sharks.
As for Kahkonen’s next contract, he does have arbitration rights as an RFA meaning he has at least some negotiation power in deciding his future. A bridge deal at around $2M-3M could make sense, although there is an interesting contract comparable that could prove troublesome if the Sharks want to retain Kahkonen on the cheap. Los Angeles Kings goalie Calvin Petersen, in a similar RFA situation to Kahkonen, at a similar age, inked a three-year deal with the Kings at a $5M AAV. Petersen’s numbers compared to Kahkonen’s are similar: when he signed his contract, Petersen was coming off of a season where he had a .911 save percentage and 2.89 goals-against average in 32 starts, while Kahkonen enters his time as an RFA with a .912/2.87 in 33 starts. They’re basically identical numbers, the only major difference being that Petersen started 32 games in the shortened 2020-21 season, so his marks represented a larger share of the available games for a goalie to play. Given the similarity in his numbers, Kahkonen could reasonably demand a similar contract to Petersen and therefore likely make negotiations more difficult for the Sharks.
Other RFA’s: Jonathan Dahlen, Alexander Chmelevski, Jonah Gadjovich, John Leonard, Nicolas Meloche, Joachim Blichfeld, Zachary Gallant, Jacob McGrew, Antoine Morand, Brinson Pasichnuk, Zach Sawchenko
The Sharks’ only unrestricted free agents of any consequence are Anthony Bitetto, Ryan Dzingel, and Alex Stalock, three players who combined to play seven total games for the Sharks this past season. While Bitetto, Dzingel, and Stalock are all NHL veterans, they do not figure to play a major role in San Jose moving forward even if re-signed.
This is where things get dicey for San Jose. The Sharks are currently projected to have just $5.67M in cap room to start this offseason, and since they have NHL-caliber RFA’s to re-sign in Ferraro, Dahlen, Kahkonen, and Gregor, as well as an intention of improving their roster significantly, that’s just not enough space to make the moves their next GM will likely want to make. Big contracts for players such as Erik Karlsson, Brent Burns, Logan Couture, and Marc-Edouard Vlasic mean that finding the necessary wiggle room will take immense creativity, and their precarious cap position is further complicated by the uncertainty of the Evander Kane situation, as the deliberations over the grievance he filed have not yet been concluded. A buyout for Vlasic, a trade of one of the highly-paid players, or even dealing one of the players on a moderate deal such as Reimer would go a long way to creating room for San Jose to operate. Whatever path they choose, it’s clear they will have to do something in order to create the necessary breathing room under the salary cap they need to return to contention.
Contract information courtesy of CapFriendly.
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