Vancouver Canucks expected to make strong play for Jake Guentzel in free agency

Carolina Hurricanes left winger Jake Guentzel
Credit: May 11, 2024; Raleigh, North Carolina, USA; Carolina Hurricanes center Jake Guentzel (59) skates during warmups before game four against the New York Rangers in the second round of the 2024 Stanley Cup Playoffs in at PNC Arena. Mandatory Credit: James Guillory-USA TODAY Sports

SUNRISE, Fla. — The clock is ticking. The Stanley Cup has not yet been awarded, but we are now just 12 days away from the opening of free agency on July 1.

And when the clock strikes 12 noon ET on Canada Day, expect the Vancouver Canucks to make a strong play for pending free agent forward Jake Guentzel. They won’t be alone – as there are more than a handful of teams expected to be in the mix for the Stanley Cup winning winger. If the Toronto Maple Leafs trade Mitch Marner, they could be players, as well as the Florida Panthers if they are not re-signing Sam Reinhart. There will also be other teams such as the Washington Capitals or maybe even the New York Rangers, if they can find requisite cap space.

Nonetheless, sources have been percolating that the Canucks might present the best mix of money and opportunity right out of the gate. There is a familiarity there, as Guentzel played for Rick Tocchet as an assistant coach in Pittsburgh, and under Jim Rutherford and Patrik Allvin in the Steel City – not to mention the strength and training staff.

There is also a need. The Canucks pushed the Edmonton Oilers to Game 7 in Round 2, but fell short in part because they couldn’t find a way to engage Elias Pettersson, and putting Guentzel on his wing might go a long way in solving for that problem.

While there is a need and desire, there are also some cap gymnastics required in order to make it a reality in Vancouver. They will need to say goodbye to Elias Lindholm and likely also Dakota Joshua, dump Ilya Mikheyev in a trade, then need to find a way to make the money work on their back end with Filip Hronek, Nikita Zadorov and Tyler Myers. It won’t be easy.

Guentzel, who turns 30 before he would play his first game under the new deal, is expected to fetch a contract worth at least $65 million. He was traded from Pittsburgh to Carolina at the March deadline and fit like a glove with 25 points in 17 games, plus another nine in 11 playoff contests. It could be as much as 7 years x $9.5 million, or the Hurricanes have let teams know they are willing to work out a sign-and-trade so a team could get him on the maximum eight-year term (and lower the cap hit) in exchange for a mid-round pick.

Over the last six seasons, Guentzel ranks 14th in goals (198) despite being the only player on the list under 400 games played, plus 20th in points-per-game (1.03) and 27th in points (410).

There have been some small changes to the free agent market. The Hurricanes re-signed defenseman Jalen Chatfield to a three-year, $9 million deal, taking him off the board. And Dallas Stars forward Joe Pavelski, previously ranked No. 9, signaled he will retire after 18 seasons. Here is our latest Top 75 Free Agents ranking, which seeks to blend a player’s perceived interest with his earning potential, with contract projections updated from @AFPAnalytics based on an $88 million cap:

Daily Faceoff’s Top 75 Pending Free Agents

RankPlayerPosAgeTeamCap HitGPGPTSAFP Projection
1Sam ReinhartRW29FLA$6.5M8257948 x $11.3M
2Jake GuentzelLW30CAR$6M6730777 x $9.3M
3Steven StamkosLW/C34TBL$8.5M7940813 x $6.15M
4Brady SkjeiLD30CAR$5.25M8013475 x $7.5M
5Brandon MontourRD30FLA$3.5M668336 x $7.7M
6Jonathan MarchessaultRW34VGK$5M8242693 x $6.3M
7Elias LindholmC/RW30VAN$4.85M7515445 x $6.78M
8Chandler StephensonC30VGK$2.75M7516515 x $5.63M
9Matt RoyRD29LAK$3.15M815255 x $5.85M
10Patrick KaneRW36DET$2.75M5020472 x $6.3M
11Nikita ZadorovLD29VAN$3.75M756205 x $5.32M
12Brett PesceRD30CAR$4.03M703135 x $6.3M
13Matt DucheneC/RW33DAL$3M8025653 x $4.83M
14Sean WalkerRD30COL$2.65M8110293 x $4.65M
15Jake DeBruskLW28BOS$4M8019405 x $5.8M
16Tyler ToffoliRW32WPG$4.25M7933554 x $6M
17Teuvo TeravainenLW30CAR$5.4M7625534 x $5.25M
18Viktor ArvidssonRW31LAK$4.25M186153 x $4.75M
19Jonathan DrouinLW29COL$825K7919564 x $5M
20Chris TanevRD34DAL$4.5M752193 x $4.5M
21Tyler BertuzziLW29TOR$5.5M8021434 x $5.25M
22Shayne GostisbehereLD31DET$4.13M8110563 x $5M
23Sean MonahanC30WPG$2M8326594 x $5.3M
24Dakota JoshuaLW28VAN$825K6318324 x $3.25M
25Oliver Ekman-LarssonLD33FLA$2.25M809323 x $4.1M
26Alexandre CarrierRD27NSH$2.5M734203 x $4M
27Vladimir TarasenkoRW33FLA$5M7623552 x $4.15M
28Max DomiRW29TOR$3M809472 x $3.6M
29Tyler MyersRD34VAN$6M775292 x $3.17M
30David PerronRW36DET$4.75M7617472 x $3M
31Brenden DillonLD34WPG$3.9M778202 x $2.9M
32Alex WennbergC30NYR$4.5M7910304 x $3.87M
33Anthony DuclairLW29TBL$3M7324423 x $4.33M
34Yakov TreninLW/C28COL$1.7M7612173 x $2.55M
35Laurent BrossoitG31WPG$1.75M232.00.9272 x $2.2M
36Alex NedeljkovicG29PIT$1.5M382.960.9022 x $2.32M
37Adam HenriqueC34EDM$5.83M8224513 x $4.3M
38Warren FoegeleLW28EDM$2.75M8220413 x $3.9M
39Anthony ManthaLW29VGK$5.7M7423443 x $4.75M
40Jason ZuckerLW32NSH$5.3M6914322 x $3.7M
41Stefan NoesenRW31CAR$763K8114373 x $3.2M
42Michael AmadioRW28VGK$763K7314273 x $3.1M
43Matt DumbaRD30TBL$3.9M764123 x $3M
44Dylan DeMeloRD31WPG$3M823314 x $5.3M
45Matt GrzelcykLD31BOS$3.7M632113 x $3.25M
46James van RiemsdykRW35BOS$1M7111381 x $1.2M
47Jordan MartinookLW32CAR$1.8M8214323 x $2.77M
48Erik GustafssonLD32NYR$825K766313 x $3.85M
49Daniel SprongRW27DET$2M7618433 x $4.1M
50Kaapo KahkonenG28NJD$2.75M373.640.8982 x $2M
51Teddy BluegerC30VAN$1.9M686282 x $2.2M
52Mattias JanmarkLW31EDM$1M714121 x $1M
53Kevin StenlundC27FLA$1M8111152 x $1.3M
54Ilya SamsonovG27TOR$3.55M403.130.891 x $2.35M
55T.J. BrodieLD34TOR$5M781262 x $3.65M
56Vincent DesharnaisRD28EDM$763K781111 x $1.1M
57Jack RoslovicRW27NYR$4M599313 x $3.1M
58Brandon DuhaimeLW27COL$1.1M805133 x $1.8M
59Anthony BeauvillierRW27NSH$4.15M605171 x $900K
60Ian ColeLD35VAN$3M782111 x $2.1M
61Tyson BarrieRD33NSH$4.5M411151 x $1.75M
62Jani HakanpaaRD32DAL$1.5M642121 x $1.5M
63Alec MartinezLD36VGK$5.25M554171 x $1.25M
64Cam TalbotG37LAK$2M542.50.9131 x $1.8M
65Tony DeAngeloRD28CAR$1.68M313112 x $1.75M
66Sam CarrickC32EDM$850K7710162 x $1.47M
67Tyler JohnsonRW33CHI$5M6717311 x $1.7M
68Victor OlofssonRW28BUF$4.75M517151 x $1M
69Kevin LabancRW28SJS$4.73M46291 x $893K
70Mike HoffmanRW34SJS$4.5M6610231 x $1.15M
71Joel EdmundsonLD31TOR$3.5M53162 x $1.65M
72Scott WedgewoodG31DAL$1M322.850.8991 x $1.8M
73Casey DeSmithG32VAN$1.8M292.890.8961 x $1.65M
74Oliver KylingtonLD27CGY$2.5M33381 x $1.1M
75Max PaciorettyLW35WSH$2M474231 x $1.5M


Contract Projection Source: @AFPAnalytics

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