Seidenberg Signs, LaRose Files for Arbitration

With the big splashes via free agency and trades likely done, the Hurricanes announced a little bit of house keeping over the weekend.

Defenseman Dennis Seidenberg has signed a one-year, $1.2 million contract with the Canes for next season. Seidenberg made $850,000 last season for the Canes, and as a RFA was tendered a qualifying offer of $935,000 late last month. With Siedenberg's signing, the Canes now have 8 defensemen under contract at the NHL level for next season (Joni Pikanen, Joe Korvo, Tim Gleason, Frank Kaberle, Niclas Wallin, Josef Malichar, Anton Babchuck and Seidenberg). So we should still be looking for at least one of those players to be moved via trade to dump some salary (the Canes are now around $2.5 to $3 million over their proposed salary cap of $45-46 million). The most likely trade possibilities are Frank Kaberle ($2.2 million) and, yes, Seidenberg. It's quite possible that the Canes signing him to a contract makes him more attractive in a trade, as teams now know exactly what they would be getting in salary (as opposed to trading for and then having to negotiate with an unsigned RFA).


That leaves only Chad LaRose unsigned amongst the Cane's RFAs. As expected, LaRose was one of 15 NHL players to file for arbitration on Friday (Seidenberg did not file, which led to speculation that a deal was near). The Canes qualified LaRose at $550,000, a $50,000 raise over last season. The sticking point in negotiations with LaRose is RUMORED (obviously none of us knows for sure) to be that he is asking for 3rd line money, but the Hurricanes, with their abundance of forwards under contract - and with Brandon Sutter waiting in the wings and likely to get a real shot of making the team at some point next season - still see LaRose as a 4th line player. They've already signed Ryan Bayda and Wade Brookbank as depth guys. GM Jim Rutherford, in commenting on the LaRose negotiations had this to say last week:

"I don't think his (contract) number is out of line with what he's done. His number is out of line with where we're going to use him on our team."

I love Chad LaRose, but I tend to agree with Rutherford on this one. He is not worth 3rd line money to this team. With the exception of a few spurts last season the guy has been chronically unable to put the puck in the net on the NHL level. He brings great grit, energy, hustle and fire to the ice night in and night out, and is solid on the penalty kill - all of which are qualities you want in a fourth line checking forward. But they are not worth $1 million (plus) 3rd line money. I'm sorry. Which is why LaRose is not likely to get anything more than 4th line money in arbitration anyway, as arbitration hearings tend to focus purely on numbers, not intangibles. My (completely uneducated) guess is that he will be slotted somewhere between the $550,000 the Canes have offered and around $700,000 (on the high end). Of course none of us knows the actual numbers that have been bandied about between the Canes and LaRose. We will all just have to wait and see.

The NHL's arbitration hearings are scheduled to take place this year from July 20th - August 4th. Teams and players can continue to negotiate up until a hearing takes place.

Back to the situation on defense. Personally, I hope the Canes keep Seidenberg. He's still a relatively young player (26) who is still coming into his own as a defenseman. When healthy (and that has been a big IF) he has shown signs of being a solid depth guy on the blueline, not a top line D-man, but a solid, physical presence who can skate deceptively well, has a decent shot and shows toughness. Sure, there can be lapses, but I tend to think that these come from rust and not being on the ice consistently. The more he plays, the better he seems to be. His best years are still ahead of him. The same cannot necessarily be said for Kaberle, who seems like he would be the most marketable trade option. I've got nothing against Frankie, but with the current corp of defensemen it just seems like he is the odd man out. Both Corvo and Pitkanen are younger and (perhaps at this point) more skilled as puck moving offensive defensemen. Kaberle, when healthy, still has a lot to offer a team looking for a savvy veteran who can provide offense from the blue line. On the Hurricanes, at this point, he is redundant.

Of course, Nic Wallin would also be on the list of trade possibilities, but we all know that the "Secret Weapon" has that not-so-secret NTC which he has exercised before and one can only assume he would do so again.

Stay tuned...

-m

Ottawa Might Be Interested in Kaberle?

Luke @ LSB points to an article in the Ottawa Sun today, intimating that the Sens might be interested in Carolina's Frankie Kaberle.

It's all just speculation at this point, but the Sens have been decimated on the blue line and with all the big money free agent signings of defensemen and trades over the last few days, most of the "big names" are gone, and for more $$$ than the Sens were willing to pay. The Sun speculates that Kaberle and Vancouver's Kevin Bieska could be targets in Ottawa. The Cannucks reportedly want RFA Antoine Vermette in exchange for Bieksa, who is slotted to make $3.5 million per over the next 3 seasons. Kaberle is under contract to Carolina at $2.2 million per for the next 2 seasons.

With their trades and free agent signings over the last 3 days (Joni Pitkanen, Anton Babchuck, Josef Melichar), the Hurricanes now have 7 defensemen under contract for next season, with Dennis Siedenberg waiting in the wings as an RFA. It seems apparent that the Canes will try to move at least one of those defensemen via trade to bring their salary cap down into the $45-46 million range. Most speculation trends towards Kaberle, Nic Wallin or Dennis Seidenberg being dangled as possible trade bait. Wallin has a NTC, which he has exercised in the past.

Of the three defensemen rumored to be on the block, I think Kaberle makes the sense to move. His salary, based on the silly money that has been thrown around so far, now seems reasonably affordable. If he can get back to being healthy he offers a lot as a puck moving defenseman who can score on the powerplay. The Canes have gotten younger at his position, so he has become obsolete on this team, but I would guess there are plenty of teams out there still looking for puck moving defensemen. There always are. When healthy Frankie has been solid as a Cane, and who could ever forget his integral role during the Cup run and game winning goal in game 7 against Edmonton? The last 2 seasons have been marred by nagging injuries, which have obviously affected his play and decimated his confidence. Now, with Corvo and Pitkanen on board, there just doesn't seem to be a slot for him on this team at the moment. Perhaps it would be the best thing for both parties for Kaberle to get a fresh start elsewhere, and the Cane to pick up some depth or draft picks.

I'm hoping that we can keep Seidenberg. He has been steady when healthy and given the chance to play. Not outstanding, but solid as a depth guy on defense. Those are good guys to have around at the right price.


Stay tuned.

-m