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How Much Cap Space Do Sharks Have After Signing Hill?

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Adin Hill has signed with the San Jose Sharks for two years.

Per Elliotte Friedman, Hill’s AAV is $2.175 million.

“We’re pleased to get Adin under contract solidifying our goaltending position for the coming season,” GM Doug Wilson said in a press release.

Acquired with a 2022 seventh-round draft pick from Arizona for Josef Korenar and a 2022 second-round pick, Hill is expected to combine with recent UFA signing James Reimer to shore up the San Jose Sharks’ goaltending. Sharks netminders finished with an .891 Save % last year, tied for second to last in the NHL.

Hill had filed for arbitration on Sunday, but that won’t be necessary anymore.

This is what the San Jose Sharks’ cap situation looks like now with Hill in the fold.

FORWARDS2021-22 Cap Hit
Couture, Logan$8,000,000
Kane, Evander$7,000,000
Meier, Timo$6,000,000
Hertl, Tomas$5,625,000
Labanc, Kevin$4,725,000
Bonino, Nick$2,050,000
Balcers, Rudolfs$1,550,000
Gambrell, Dylan$1,100,000
Barabanov, Alexander$1,000,000
Cogliano, Andrew$1,000,000
Nieto, Matt$850,000
Pederson, Lane$750,000
Dahlen, Jonathan$750,000
TOTAL$40,400,000
DEFENSE2021-22
Karlsson, Erik$11,500,000
Burns, Brent$8,000,000
Vlasic, Marc-Édouard$7,000,000
Simek, Radim$2,250,000
Ferraro, Mario$925,000
Knyzhov, Nikolai$796,667
Pasichnuk, Brinson$925,000
TOTAL$31,396,667
GOALTENDING2021-22
Hill, Adin$2,175,000
Reimer, James$2,250,000
TOTAL$4,425,000
BUYOUT2021-22
Jones, Martin$1,916,667
TOTAL$1,916,667
OVERALL$78,138,334

If they so choose, it appears that San Jose has about $3 million dollars of cap space to use at the moment.

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Douglas Fowler

Wondering: I assume the best outcome for the Sharks would be the nhl suspends Kane. Do you know:

1. If the nhl has done that before to a player
2. Do the Sharks get cap relief for Kane’s salary?

Thx!

david barnard

the NHL made an exception to its own rules about cap relief for suspended players in the Slava Voynov (LAK) case due to its “uncertain and potentially extended time” for legal matters to play out (he was accused/arrested on domestic violence at the time). they basically let the Kings use the LTIR rules to replace his salary and bonuses value and fill in with a number of players equal to that value.

Last edited 1 month ago by david barnard
Douglas Fowler

Thanks — great point Dave!

david barnard

that came in much better than i thought it would. not sure why he had to file for arbitration for a 2-yr deal at that price (perhaps just a matter of course)? glad that’s done.

timorous me

Am I correct in thinking this makes him a UFA when the two years are up? (Not up on CapFriendly yet.) I was thinking before that because of that, two years would be sort of the worst option, but I’m guessing Hill preferred that to one year and then going into the last RFA year?

Anyway, the number is good, but the guarantee of Hill for only two years makes the second-round pick feel a little more iffy, by my estimation.

david barnard

expiry status is UFA.

he’s making slightly less than Reimer, so they aren’t paying him like a clear #1. so it’s a 1a/1b situation, which is fine. hopefully they push each other.

both goalies are signed to 2-yr deals. needing to sign 2 goalies at the same time could be problematic.

david barnard

Timo’s the only real big deal expiring at that time as well. Balcers, depending on whether he takes it to another (higher) level could also be a factor, as his deal expires as well. that’s it (from how the team is constructed right now).

[…] San Jose: The San Jose Sharks surprisingly decided Adin Hill would be their starting goalie and inked him on Wednesday. Now the cap math begins before San Jose can hit the NHL trade market again.  […]

[…] How Much Cap Space Do Sharks Have After Signing Hill? […]

[…] — Adin Hill looks like the new starting goalie for the Sharks — and now he’s got a new deal. (SJHN) […]

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