Five Thoughts on the Penguins’ Quiet Trade Deadline

Sidney Crosby Press Conference

The Penguins are still holding out hope for a Crosby return (Jeanine Leech/Icon SMI)

The trade deadline came and went without a move from the Pittsburgh Penguins for the first time in General Manager Ray Shero’s tenure.  According to Jonathan Bombulie, it was also the only time since 1988 the Penguins were idle on deadline day.

They weren’t alone.  Monday afternoon was relatively quiet around the league with just 16 trades happening prior to the 3pm deadline.

“We had a number of conversations with some teams,” Shero told the media on Monday afternoon.  “[Either] the price was too high, in our opinion, on some players or there just wasn’t a fit on our end.”

With a handful of minor holes on the roster left unfilled, the focus now turns to Sidney Crosby and his potential return from concussion and neck problems.

According to multiple reports, the team has taken the long-term injury exception on Crosby but he is still eligible to return at any point in the regular season or playoffs.

Shero said he’s hopeful Crosby can make it back this season, but admitted for the first time “there’s no guarantee of that.”

Here are five other thoughts from the Penguins’ quiet deadline day:

Sami Pahlsson and Paul Gaustad on the Move

After seeing the high prices being paid for players in the days leading up to the deadline, we shifted our attention from Gaustad to Pahlsson as a possible third-line center option for the Penguins.  Shero didn’t acquire either player, as Gaustad went to Nashville and Pahlsson made his way to Vancouver.

Buffalo reportedly received two offers including first-round picks for Gaustad.  That’s outrageous.  Gaustad adds size and grit and should give the Predators shot in the arm, but he’s not the second-coming of Eric Lindros.

The Canucks sacrificed a pair of fourth-round picks for Pahlsson, not bad for a veteran center with Cup experience.  Perhaps the Penguins had zero interest in Pahlsson, but I thought a fair price for Shero to pay would’ve been the fourth-round pick he received from Columbus in the Mark Letestu trade earlier this year.

Vancouver obviously paid slightly more than that and for good reason.  They needed a checking line center to replace Cody Hodgson, who was surprisingly dealt later in the day to Buffalo.

Bryan Allen and David Jones Stay Put

Allen and Jones were two players highlighted in our deadline preview that didn’t get dealt on Monday.  Both will become unrestricted free agents this summer.  Shero never identified which players he was targeting but said “we did make some offers on some players but those players never even got moved.”

Bryan Allen Carolina Hurricanes

Bryan Allen remains in Carolina for the time being (Bridget Samuels/Flickr)

In Allen’s case, the Hurricanes would like to stop the constant rebuild at some point and GM Jim Rutherford seems to believe he can get the defenseman signed to an extension before the summer.  Rutherford said last week that we often forget to consider the price to replace a rental player that’s dealt away.  Carolina would’ve gotten a nice return for Allen, but Rutherford would need to surrender significant assets this summer to find a replacement.

Colorado’s situation with Jones sheds light on another deadline variable that’s easy to forget: the salary cap floor.

The Avs dealt Daniel Winnik and TJ Galiardi to San Jose on Monday and suddenly find themselves with a payroll of $49.4 million, barely above the cap floor of $48.3m.  Jones carries a cap hit of $2.5 million which would have been difficult for Colorado to trade away without receiving salary in return.  (Were the Penguins willing to sacrifice a roster player?)

This is the first year I’ve really noticed the cap floor becoming a serious factor in deadline situations.

Last year the salary cap ceiling unexpectedly rose $4.9m to $64.3m, an increase of about 8 percent.  The floor is always $16 million below the ceiling, however the same $4.9m increase had an 11 percent impact on the floor.

When you consider the original floor coming out of the lockout was $23m, the payroll demands on the league’s small-market teams has more than doubled in just six years.  Don’t be surprised if the league tweaks the rigid $16 million spread between the ceiling and floor in the next CBA.

Underrated Trade of the Day

As we mentioned in our trade deadline preview, sometimes under-the-radar moves have the most impact come playoff time.  Boston made a big splash by acquiring Tomas Kaberle last year only to have the veteran become more of a liability than an asset during the team’s Cup run.  Instead, it was Rich Peverly and Chris Kelly who gave the Bruins the kind of depth they needed to win four difficult playoff rounds.

Looking at the trades that occurred on Monday, the Bruins may have struck gold again.  Boston GM Peter Chiarelli acquired defenseman Greg Zanon from the Minnesota Wild in exchange for prospect Steven Kampfer.  Zanon is a shot-blocking machine and his hard-working style is made for playoff hockey.  He’s also spent his career with teams like Nashville and Minnesota and will add a Stanley Cup hunger to the Bruins’ dressing room.

Peter Chiarelli - Bruins

Chiarelli's trade for Greg Zanon could spark another Cup run in Boston (Icon SMI)

It’s possible the Penguins were interested in Zanon given his Nashville connections to Shero, but the price was well out of the Penguins’ range.

Kampfer is a promising youngster and should become a nice player for Chuck Fletcher and the Wild.  Chiarelli has learned you sometimes have to take those risks at deadline time though.  Defending a Cup is a grind and I think the Bruins will slip up at some point in the playoffs, but if they do make a run we might be talking about Zanon as the key February acquisition that got them there.

The Idle Capitals

After a disappointing fall down the Eastern Conference standings, the Washington Capitals and GM George McPhee should’ve been active on Monday, right?

It never happened.

Niklas Backstrom, who continues to suffer from concussion-like symptoms, was placed on LTIR and freed up cap flexibility for the Caps to swing a deal, but McPhee (via SBNation DC) said nothing made sense to him this afternoon:

“We weren’t interested in moving anyone out of here and we didn’t,” McPhee said. “We would have added something to the team if we thought it would make us better, but it had to make us better. What transpired today, there wasn’t anything there that would have been the right thing for our club.”

The Capitals’ playoff hopes are obviously dim if Backstrom’s season is over, but what about a deal for Buffalo’s Derek Roy?  The center has one year left on his contract at a $4 million cap hit and would’ve given the Caps a nice offensive boost they desperately need.

Can the Penguins Win the Cup?

The Penguins most likely playoff path still heads through Philadelphia, Boston, and New York, and I’m concerned about their size and toughness.  All three potential opponents can roll four physical lines and three defensive pairings that could wear down the Penguins over a seven-game series.

It wasn’t worth overpaying for a player like Gaustad to address the roster issue, but the Penguins will need more outstanding goaltending from Marc-Andre Fleury if they want to make a run.

A healthy Crosby certainly makes the Penguins a favorite out of the Eastern Conference. Without him, Pittsburgh is just another talented two-line team.

Can Paul Martin and Zbynek Michalek raise their games over the final stretch of the regular season?  Can Jordan Staal continue to add secondary scoring to his usual duties as a shutdown center?

If the answer to those two questions is yes, Pittsburgh will be in good shape.

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Email: MJColligan@TheHockeyWriters.com

Twitter: @MikeColligan

Mike Colligan

Mike Colligan

Managing Editor
Mike Colligan is an NHL analyst at Forbes SportsMoney and The Hockey Writers. Email: MJColligan@gmail.com
Mike Colligan
RT @ShawnTHW: In honor of his return to the lineup, I'm giving away a signed Olli Maatta puck at 2k followers. @PensInsideScoop @MikeCollig - 2 days ago
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