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Report- Halak To The Blues

RDS (not translated) is reporting that Halak has been traded to the Blues.

added 2:56pm, Translation now available,

The Canadiens finally traded Jaroslav Halak according to the St. Louis Blues that RDS has learned. For the moment, it is unclear what the Canadiens will get in return.

added 3:02pm, via a Bob McKenzie tweet,

Halak to the St. Louis Blues. Done deal.

added 3:09pm, via Pierre LeBrun tweet,

Habs get Eller and Schultz in return from Blues

added 3:15pm, a Nick Kypreos tweet,

I also hear that Blues made deal without talking contract with Halak so don’t expect any new big immediate announcement on that front.

added 3:20pm,

ST. LOUIS – St. Louis Blues President John Davidson announced Thursday the club has acquired goaltender Jaroslav Halak from the Montreal Canadiens in exchange for forwards Lars Eller and Ian Schultz.

“Jaroslav’s play in this year’s regular season and Stanley Cup Playoffs was remarkable,” said Davidson. “He has had very impressive numbers in the NHL and we are thrilled that he will be wearing the Bluenote for us.”

Filed in: NHL Teams, Montreal Canadiens, St. Louis Blues, | KK Hockey | Permalink
  Tags: jaroslav+halak

Comments

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i would say that is a dumb move on the Canadian’s part… but I said the same things last summer after all their transactions, and they ended up going really deep into the playoffs.

Posted by gretzky_to_lemieux on 06/17/10 at 04:03 PM ET

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It is my belief that Carey Price won’t be successful in Montreal.

Regarding dealing a restricted free-agent’s rights;
Does he have to sign with St. Louis (or be picked off by an offer sheet)?

or

What happens when a team can’t sign an RFA, and that player is not presented an offer sheet? Arbitration?

Posted by NathanBC on 06/17/10 at 04:17 PM ET

J.J. from Kansas's avatar

Posted by NathanBC on 06/17/10 at 03:17 PM ET

The Blues have to give him an offer sheet.  He doesn’t have to sign it, but that lets the club take him to arbitration (where he’ll be forced to either sign what the arbitrator says he’s worth or sit out).

Either he or the club can go to arbitration, provided there’s an offer sheet (which there absolutely will be). 

If the Blues don’t give him an offer sheet, or if they reject the decision that the arbitrator makes (provided it goes to arbitration), he becomes a UFA and they’ve given up two players for nothing.

If Halak signs an offer sheet with another club, the Blues can match it or get whatever compensation is due them based on the CBA rules of what a club gets in terms of picks based on how much the contract he signs elsewhere is worth.

I have a feeling none of it will matter.  The Blues will pay him.  Teams generally don’t trade for RFAs unless they’re sure they’ll sign him (like Bouwmeester with Calgary last year).

Posted by J.J. from Kansas on 06/17/10 at 04:22 PM ET

J.J. from Kansas's avatar

added 3:15pm, a Nick Kypreos tweet,

I also hear that Blues made deal without talking contract with Halak so don’t expect any new big immediate announcement on that front.

Heh, that does make for an interesting wrinkle.  Still, I can’t see a way the Blues let Halak get away without getting the maximum compensation/picks. (4 first rounders if he gets paid over $5M)

Posted by J.J. from Kansas on 06/17/10 at 04:28 PM ET

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Montreal just told their fan base no playoffs this upcoming season. Looks like Flyers are getting turco or nabokov. Grrrrrr

Posted by FlyersFan on 06/17/10 at 04:34 PM ET

edillac's avatar

we’ll see what he is made off when DangleDangle comes at him

Posted by edillac from isolation on 06/17/10 at 04:35 PM ET

Paul's avatar

McKenzie tweet,

Sources say PHI, TB and SJ were others pitching hard on Halak, What’s clear now is that, in spite of playoffs, Price was and is MTL’s guy.

Posted by Paul from Motown Area on 06/17/10 at 04:36 PM ET

J.J. from Kansas's avatar

Montreal just told their fan base no playoffs this upcoming season. Looks like Flyers are getting turco or nabokov. Grrrrrr

Posted by FlyersFan on 06/17/10 at 03:34 PM ET

I have a worry in the back of my head that taking Nabokov out of San Jose might help them solve their choking issues.

Turco, if he can still move, might be a good fit in Philly.

Posted by J.J. from Kansas on 06/17/10 at 04:45 PM ET

Itrusteddrrahmani's avatar

So lemme get this straight JJ….In what scenario can another team give him an offer sheet?  Can another team, say the Flyers for instance, send an offer sheet right now? In that case, if they do that and the offer is over 5 mil, then the Blues would be owed 4 first rounders? Isn’t that a really good deal for them, give up two mediocre players to MTL for four first round picks from PHI.

I just don’t know when another team can give Halak an offer sheet, can they do it after the blues go to arbitration?

Posted by Itrusteddrrahmani from Nyc by way of A2 on 06/17/10 at 04:56 PM ET

Itrusteddrrahmani's avatar

Also, what if the Blues don’t give him an offer sheet?  Then can Halak take them to arbitration? And if they don’t give him an offer sheet, but someone else does would STL still get the compensatory picks from that deal?  Thanks and sorry for all the questions, just tryin to make sense of it all…..p.s. I see you’re team Jacob smile

Posted by Itrusteddrrahmani from Nyc by way of A2 on 06/17/10 at 04:59 PM ET

hiero4life's avatar

Wow I can’t believe they traded away Halak he’s been the better goalie the past 2 seasons.  Halak welcome to the central prepare to lose.  Homer should send him a picture of his rear end so he can get ready for the season.

L.G.R.W.

Posted by hiero4life from anywhere i am on 06/17/10 at 05:00 PM ET

Avatar

In what scenario can another team give him an offer sheet?

St Louise has Halak’s rights, so I think all they have to do before July 1st is give him a qualifying offer, not an “offer sheet”.

That would take him out of the offer sheet market and they’d be free to negotiate a contract or trade him to another team.

Posted by Garth on 06/17/10 at 05:11 PM ET

J.J. from Kansas's avatar

Posted by Itrusteddrrahmani from Ann Arbor on 06/17/10 at 03:56 PM ET

The blues have until 5 pm EST on June 25th to make an offer sheet (I think).  He doesn’t have to sign by then, but if he doesn’t get an offer sheet by then, he becomes an unrestricted free agent and can sign anywhere he wants without the Blues getting compensation.  According to his salary last season, the offer sheet has to be for at least 110% of his salary.

The player must file for arbitration by 5 pm on July 5th, if he doesn’t, the team has 24 hours to file for arbitration.  Once arbitration has been filed, the player cannot sign any qualifying offers.

To make a correction, I believe the upper limit to get four first-round picks is now somewhere in teh $6.6M per year range.  I had old numbers when I said that.  Based on that, it may not be so likely that Halak would be given an offer sheet that would give the Blues that much (although still very likely they’d probably get more value than a first and third-rounder, which is what they traded for the rights).

To answer your specific question.  I think the Flyers would have to wait until July 1 to give Halak an offer sheet, otherwise they’d be tampering, and could be subjected to steep punishment (unless they were the Maple Leafs).

Halak can sign with the Blues any time (including today if he wanted).  The system basically gives an RFA four days to see what’s available on the open market after July 1.

Posted by J.J. from Kansas on 06/17/10 at 05:24 PM ET

Nathan's avatar

Totally weird. They must know they just can’t afford Halak.

Posted by Nathan from the scoresheet! on 06/17/10 at 05:28 PM ET

J.J. from Kansas's avatar

St Louise has Halak’s rights, so I think all they have to do before July 1st is give him a qualifying offer, not an “offer sheet”.

That’s correct, and better worded than what I said.  The terms “qualifying offer” and “offer sheet” are not the same thing.

The qualifying offer is the minimum contract the team who owns his right has to give him to retain his rights.  In Halak’s case, he has to be offered a one-way contract worth 110% of last year’s salary.  This varies based on NHL experience and levels of pay.  Giving players qualifying offers is basically a no-brainer (unless you’re in the Blackhawks’ front office).

An offer sheet is the contract he would sign with another team if the team that owns his rights refuses to match.

Posted by J.J. from Kansas on 06/17/10 at 05:28 PM ET

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They must know they just can’t afford Halak.

On CBC they talked throughout the Canadiens’ rub about which goalie they were going to keep and someone would always bring up that Halak could get dealt because he’d have the best trade value.

I know nothing about the guys that Montreal got in return, but there’s got to be a reason they would deal the “better” goalie and I think any team who would deal a “better” goalie because of a better term would be idiots, unless they don’t believe in the team as it is or, like I said, if they know something we don’t know.

I like Price and he seems to have a good head on his shoulders.  All reports indicate he handled the situation well, and maybe Halak didn’t handle it as well when he wasn’t starting.  Knowing how fickle the fans are and how they HAVE to get some sort of consistent goaltending at some point in the near future, maybe thye decided who to deal based on that.

Or maybe the GM talked to Halak and the goalie is making outrageous demands.

Or maybe Halak had indicated he didn’t want to sign with Montreal.

Wow, I’ve written a lot and said very little.

Posted by Garth on 06/17/10 at 05:37 PM ET

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On CBC they talked throughout the Canadiens’ rub

Or throughout their run…one or the other…

Posted by Garth on 06/17/10 at 05:38 PM ET

Itrusteddrrahmani's avatar

Ahh I see, thanks a bunch JJ and Garth.

Posted by Itrusteddrrahmani from Nyc by way of A2 on 06/17/10 at 05:46 PM ET

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One would think that if they could have fetched a more princely sum, no?  Not knocking Lars Eller, but he doesn’t seem to be a can’t miss prospect.  All indications are that he’ll be a solid two-way center on your third or second line.  As for Schultz, he appears to be a long-shot.  It appears they could have gotten an equal return for Price.  Rather befuddling.

While Halak may have demanded more in terms of cash, I do think he’s worth it.  He had an amazing year not only in the NHL post-season, but in the Olympics as well. 

Lastly, I can’t see the Flyers making a move for Turco or Nabokov.  In the event they chose the UFA market, I believe Dan Ellis will be their target.  His career 0.912 SVP coupled with his latest salary of $2MM should attract attention.  Nabokov will likely head to the KHL and Turco to retirement…

Posted by ProjectMayhem on 06/17/10 at 06:37 PM ET

Guy Legend's avatar

Very happy to acquire Halak. Finally the Blues have a goalie to build around, something they haven’t had in forever.

Too bad to lose Eller, but you have to give to get. Habs fans, Eller is going to be a good forward in this league.

Posted by Guy Legend on 06/17/10 at 07:11 PM ET

Moq's avatar

There was salary cap problems brewing in Montreal with new contracts to Jaroslav Halak and Tomas Plekanec. Especially if they wanted to improve offensively, where the playoffs showed them to be rather one-dimensional. Keeping Carey Price and Halak would add another couple of million to the pay roll, and Carey Price wouldn’t fetch the same return as Halak if traded. Even so, trading Halak to fix other weaknesses and gambling on Price wasn’t the most expected turn of events.

In hindsight St. Louis had a number of young forwards queueing up for ice time in the NHL with a competent but aging Chris Mason in goal. As a Dane I’m quite satisfied that Lars Eller is heading to Montreal. Hopefully, the move will result in more ice time, greater responsibility, and quicker development. Montreal is the closest thing to a hockeytown of the World and there’ll be added pressure compared to St. Louis. I’m hoping the best for Eller, he has the talent to succeed.

As for the offer sheets, I think the probability is close to zero for that happening. Basically, it’s one of the worst methods to aquire a player. If successful you add salary without sending something the other way, you lose draft picks through compensation, and you lose reputation in the eyes of the other franchises. That’s why offer sheets are very rare. The contending teams don’t have a lot of cap room, which means that a preferred deal involves shedding salary. That means trades, not offer sheets. Most of the teams with cap room don’t want to spend a lot of money and less likely to attract player signatures on offer sheets with great financial incentives. Nothing is impossible, but I doubt that we’ll see offer sheets to Halak or Chicago RFA’s.

Posted by Moq from Denmark on 06/18/10 at 07:29 AM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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