Sabres hit the ceiling, re-sign Ellis and Sekera

The past few weeks have been pretty boring for most hockey fans and suddenly a few GMs woke up today and made some noise.

Tampa Bay reached an agreement with Steven Stamkos for some big money, Anaheim extended Andrew Cogliano and the Devils announced Pete DeBoer as the next head coach that Lucky Lou will fire.

Darcy Regier got his hands dirty with two more signings as well. He re-signed Matt Ellis and Andrej Sekera each to a multi-year contract. Ellis will be with the Sabres for two more seasons while Sekera was re-upped for four more years. These came on the heels of a pair of minor league contracts for Dennis Persson and Travis Turnbull, somewhat irrelevant but necessary signings.

The terms of the Ellis deal are not fully disclosed, but Bill Hoppe reported that Ellis will be under a two-way contract for the 2011-12 season and a one-way deal for 2012-13. I’m glad to see Ellis back in the fold. He is likely destined for Rochester as he served very well as the Portland Pirates captain last season. He will certainly be one of the first players called up by Lindy Ruff if there is an injury. Another bonus to signing Ellis? The Sabres are 76-39-16 with him in the lineup the past three seasons and 53-49-13 without him (see #EllisPrinciple or #MattEllisEffect). Thanks to Ian Ott for tweeting those stats. Continue reading

Breaking down the Sabres’ signings

For the first time in my 25 years on Earth, the Buffalo Sabres were major players in the NHL free agent market. In fact, the Blue & Gold had the highest payroll in the NHL when the dust had settled.

The week prior to July 1 saw Darcy Regier poach Robyn Regehr, a second-round pick and Ales Kotalik (a charity pick-up) from the Calgary Flames for Chris Butler and Paul Byron. Point Regier. What is more impressive is that Buffalo was attractive enough for Regehr to waive his no movement clause for.

Regier then snagged Christian Ehrhoff’s negotiating rights and managed to ink him to a massive deal prior to the UFA market opening up. Ehrhoff, has put up incredible numbers in Vancouver. He is a career minus in the playoffs. However, I blame his -13 this year – which put him deep into the minus numbers – on the shoulder injury that limited him in the later rounds.

Regehr looks a hell of a lot like Shrek, he also tosses people around like an angry orge. Sort of a fitting nickname, no? I don’t know if he will be reunited with Jordan Leopold, or if he will be paired with Tyler Myers to create a monstrous shut-down pairing. Ehrhoff could certainly compliment Myers well, and it may be a better fit considering both he and Leopold are quite offensively minded. Nevertheless, they make the blue line significantly stronger.

Regier went out and made two major additions to his blue line before the clock struck noon on Friday. It was expected that the Sabres would make a major push for Brad Richards. They never did, partially because the New York Rangers were given the final right to match an offer for Richards and because they may have lost out on Ville Leino.

Buffalo’s only UFA signing, thus far, has been Leino. Despite only signing one guy, Regier went out and got a big fish. Leino is a very talented forward, capable of playing all three forward positions who is a major playoff performer. He put a dagger in Buffalo’s series lead on Philly and has been on my personal radar since his first year with Detroit in 2008-09. They may have overpaid, but if he flourishes at pivot there is no reason to say they overpaid.

There is plenty of time left in free agency, despite the current financial restraints I don’t think Regier is done signing players. Especially if they are to make a trade or two, as I suspect.

Looking at the signings Buffalo has made thus far, including re-signing Nathan Gerbe, Cody McCormick and Mike Weber, they have made major improvements to the roster.

Between Shrek and The Hoff the Sabres’ top four is about six times better than they were last year. Just on paper, think about it. Tyler Myers, Jordan Leopold, Steve Montador and Shaone Morrison/Andrej Sekera versus Myers, Leopold, The Hoff and Shrek. It is sort of like buying a Chrysler 300 because it looks like a Phantom.

The Sabres’ back end will be better, no doubt. By association Ryan Miller should be better. It is the forwards, particularly the top six who will be interesting to watch.

Leino and Derek Roy are not exactly a deadly one-two punch at center. I still think Darcy has a trade up his sleeve. If Leino clicks and Roy continues that point-per-game clip from 2010-11 then there may be hope. The wingers are obviously set, Jochen Hecht or Brad Boyes will likely settle on to the third line. Tyler Ennis, Drew Stafford, Jason Pominville and Thomas Vanek all have homes with Buffalo’s top two centers. Now they just need to produce.

Surely there will be some shuffling amongst the bottom six forwards. I think their help, or reinforcements, are still on the to-do list for Darcy. I have a few thoughts on who may fit well in that role, even as a number one center depending on a potential trade.

Until Regier knows his cap number moving forward, not much else will be done by the Sabres.

Monty’s rights sent to Chicago

As you most certainly know, Steve Montador’s negotiating rights have been traded to the Chicago Blackhawks for a conditional seventh round pick. If you didn’t know, I’m glad 2ITB could enlighten you. Here is the stipulation for the draft pick from the Buffalo News article linked above.

The Blackhawks’ draft pick was previously acquired from Florida in the Tomas Kopecky trade Monday. The pick is presently conditional to the Nashville Predators. If that pick is not available, Florida will transfer its own seventh-round selection in the 2013 draft.

So Monty’s rights are gone. What’s the big deal? It was fairly obvious that Montador was going to be able to test the market, at the very least. I don’t think there would have been much chance to re-sign him given the thin crop of UFA defensemen. Given that fact I applaud Darcy Regier for getting something for nothing.In only four months under his new bosses, Regier has taken on salary with the Brad Boyes and Robyn Regehr trades while also taking shots for marquee free agents. Obviously this man has not been getting the credit he deserves, I don’t know if he ever will.

Nevertheless, Darcy went out and snagged a late-round pick for the rights to Montador. The key to this deal is two-fold. The sticking point, for me, is that Regier recouped the pick he lost in the Ehrhoff trade. I know a seventh round pick is a lot different from a fourth round pick, but he still has that selection in his pocket. The other facet of this deal, depending how you look at it, is that he must be very confident that Ehrhoff will be signed by the end of the day.

I am not as confident regarding Ehrhoff being close to an agreement. Sure, I am confident that Regier has the tools necessary to get Ehrhoff under conract, but I don’t know if I read this trade as a sign that a deal is imminent. If that is the case, then awesome. But I am trying to be patient regarding Ehrhoff until I hear more concrete news in his regard.

Sabres acquire Ehrhoff’s rights

It was 12 short hours ago that the New York Islanders traded their fourth-round pick to the Vancouver Canucks in order to get the exclusive negotiating rights to Christian Erhoff. After those talks fell apart Darcy Regier flew in and picked up the rights for the German-born defenseman. Now he has about 28 hours to convince Ehrhoff to sign with the Sabres.

Numerous accounts explained how the talks with the Isles fell apart, despite an offer “well above” the Canucks’ original. While no number had been hammered down concerning how much the Isles offered, I think it is safe to say it was in the $5 to $5.5 million neighborhood.

One quote, from a previous ESPN rumor, provided some insight as to why Ehrhoff declined to sign with the Islanders. It provides some hope to Sabres fans who hope to see him reach an agreement before Friday.

The defenseman has stated on several occasions that he wants to sign with a contender.

While I am not a fan of trading for exclusive negotiating rights, this is just another piece of the puzzle that is the Pegula Era. Obviously Darcy Regier feels free to go out and get whatever players he wants. In this case, he knows that the UFA crop is dwindling and he sprung to action.

Now Regier needs to sign him. This deal really means nothing if Ehrhoff hits the open market and signs elsewhere. Sure, it is a sign of the times. Obviously Darcy is willing to do whatever it takes, but without signing him there isn’t much hope to be had.

There are a few things working in Buffalo’s favor. The Sabres are certainly more of a winner than the Islanders are currently, score one for the good guys. The Sabres also have an incredible owner willing to go above and beyond to get his players, including meeting their quotes, score two. However, there are 27 other teams out there who may be willing to hit the $6 million mark, or more. That is where things get fishy. I don’t think this young man is worth that much money. If the Sabres hope to land Brad Richards and a few other players, a $6 million hit will be tough to deal with.

The ball is in Darcy’s court. He has just over one day to get things done, hopefully the situation in Buffalo is more attractive to Ehrhoff than it was on the Island. If that is the case there might just be a new number five in town come Friday.

Gerbe signed to a multi-year deal

News broke late this morning that Nathan Gerbe has been signed to a multi-year contract by the Buffalo Sabres. Reports say it will be a three-year deal. (credit WGR 550 for that info). Bob McKenzie says the contract will be worth $4.3 million which is good for a 1.433 cap hit.

This was a wise move for the Sabres. Gerbe established himself as a fixture in the second half of the season and simply extending an qualifying offer would have been a mistake. Add to that the fact that it is a sweetheart deal at only 1.433 per season. This certainly afford the Sabres some room under the cap and a bargain for a 20-goal player.

By locking him up for more than a season the Sabres ensure that he can continue to progress. This virtually ensures that a winger will be traded as the summer continues. The top candidates being Brad Boyes and Jochen Hecht.

I’m interested to see how this will affect Darcy Regier’s approach for Friday. Brad Richards is rumored to be looking for about $6.5 million per season, that is a manageable number that I’m certain Regier will hit or exceed with his offer.

Still, count on at least one incumbent winger to be traded away in order to create cap space for free agents.

Early transactions will lead to overvalued UFAs

Yesterday evening brought Kevin Bieksa a new contract and gave everyone a look as to what the UFA market may have in store come Friday.

The finances of Bieksa’s deal aren’t as interesting to me as the numbers game this plays with the remaining UFAs. Bieksa took a major hometown discount. Eric Brewer also took a little less money to stay in Tampa Bay. Combining those two signings with the trades for Jeff Carter, Mike Richards, Devin Setoguchi and other trades completed on Draft weekend, the UFA market is gaining momentum. Despite the fact it is incredibly thin.

Now, the remaining free agents are in a much better position to leverage a deal from their potential suitors. The reason I raise this point is because the Sabres will have limited options come Friday, despite their new-found financial freedom. Continue reading

The calm before the storm

Darcy Regier showed Buffalo Sabres fans what his strategy may entail this past weekend. He dealt for Robyn Regehr and a second round pick from the Calgary Flames, while only giving up Chris Butler and Paul Byron. He did the Flames a favor by agreeing to take Ales Kotalik, as well. But the option of hiding Kotalik in Rochester is the likely option the organization will take.

The next step comes this Friday as unrestricted free agency begins. The past few seasons haven’t yielded much for the Sabres, especially on the first day. The fact of the matter is Darcy wasn’t given the resources to truly attract the marquee free agents. All that has changed now that he has an owner willing to fly north of the border to persuade players to come to town.

Regier made some very interesting remarks this morning during his appearance on WGR 550. While he was very careful not to tip his hand, he indicated that upgrades will continue to come and that the center position will not remain the same entering the 2011-12 season. Continue reading

Regehr to waive NMC to come to Buffalo

The news appears to be somewhat vague at this point, but TSN has reported that Robyn Regehr will indeed waive his no movement clause and agree to a trade to the Buffalo Sabres.

According to the report, Ales Kotalik will return to the Buffalo organization, the place where enjoyed quite a bit of success as a power play point man and shootout specialist. Not the first player I would want to receive in a trade, but the Sabres needed to take on cap in order to make the deal attractive to the Flames. The option of shipping Kotalik to Rochester (Buffalo’s new-old farm team) is a very real possibility. I would say that is his likely destination based on the logjam Buffalo has on the wing. UPDATE: The Sabres also acquired Calgary’s second round pick in the 2012 draft. It was previously rumored that Buffalo had sent their second round pick.

The Sabres sent Chris Butler and Paul Byron to the Flames in exchange for the two veterans (Calgary Herald). It seemed as if Butler had plateaued as a sixth or seventh defenseman and Byron gave the Sabres one too many little guys. I contend that they still have too many mini-mites. By unloading these two players the Sabres have parted ways with two guys who probably didn’t have much of a future with the organization. There are numerous defensemen with more upside than Butler and it is obvious Darcy Regier wants to get bigger at forward, just look at their first round draft pick.

When the first reports came through, the rumors of Buffalo sending a pick may have discouraged some cynics who thought Buffalo had traded two prospects and a pick of a defenseman and a useless winger. Knowing now that the Sabres snagged a second round pick in the deal makes this a major win. Darcy Regier has always been a shrewd trader and he won this one as well. A top-four defenseman and a second round pick for two fringe prospects. Sure, you take on Kotalik, but the ease of hiding him in the AHL makes perfect sense to me. It is exactly the kind of attitude the Sabres need to run with as they approach July 1.

Pre draft buzz – Robyn Regehr asked to waive his NMC

News broke on Thursday that Calgary defenseman Robyn Regehr was asked to waive his no movement clause to accept a trade to Buffalo.

This would be a fantastic trade for Buffalo, Regehr would certainly fill one of the major voids on the blue line and would likely provide a good veteran partner for Tyler Myers.

There are about 500 different reports floating around regarding who the Sabres will be sending. The big name appears to be Luke Adam in a deal that would likely include a draft pick – my guess is Buffalo’s third round selection. Other names floated around are Nik Hagman, Ales Kotalik and Matt Stajan. Personally, I don’t see a world where Buffalo would bring back Kotalik, nor would I want to accept Hagman and his $3m salary. Stajan is an interesting option and easily the most attractive in a trade scenario. He can play center and would certainly add depth at a position where the Sabres are weak.

I am hopeful that this trade comes through. I would be OK with seeing Adam and a pick go to Calgary for a package of Regehr and Stajan. Is that an acceptable trade? Who knows. What can be said is both teams have reached an agreement and are simply waiting on Regehr to approve the deal.

The Pegula Puzzle: Potential UFAs and trade targets

Compared to the previous three entries in my Pegula Puzzle series, this will be a bit more out of left field. I’m certain that I will echo the sentiments of most Sabres fans with my views, but I do warn you that this may come across as a little radical.

When I look at the current Sabres roster I see glaring deficiencies on defense and at center. Those are the two spots that need to be addressed over the next few months.

Tyler Myers is certainly a cornerstone for the future and Brayden McNabb and Mark Pysyk seem awfully appealing at this point in their development. Jamie Oleksiak would be another monster to pair with Myers if the Sabres are able to trade up to draft him tomorrow. Still, the Sabres don’t have any top four defensemen after Tyler Myers and Jordan Leopold. With Marc Andre Gragnani and Mike Weber looking like a soild pair to lock down the five and six roles, the Sabres will need to look outside the organization for two solid defensmen. I should point out that I peg MAG and Weber as five and six in a strict depth chart evaluation, the real pairings will certainly be different. Continue reading