Trade deadline primer: Montreal Canadiens

As the calendar turns to March, the trade deadline is inching closer. Where does each team stand and what moves should they be looking to make?  We continue our look around the league with the Montreal Canadiens.

The Montreal Canadiens enjoyed a dream run to cap off what had been an inconsistent 2020-2021 season, defeating three strong playoff teams before eventually falling to the Tampa Bay Lightning in the Stanley Cup Final. That dream run stands in great contrast to how the team began their 2021-2022 season. The Canadiens collapsed, falling to the bottom of the NHL standings. These results led to an organizational overhaul. Out was longtime GM Marc Bergevin, in was former Rangers GM Jeff Gorton in a role overseeing hockey operations along with former agent Kent Hughes as GM. Hughes and Gorton dismissed incumbent head coach Dominique Ducharme, replacing him with Hall-of-Fame player Martin St. Louis, who now has the Canadiens surging with five straight wins. Despite the team’s turnaround under St. Louis, the Canadiens still figure to be sellers at the deadline, as they indicated with the trade of Tyler Toffoli to Calgary.

Record

13-33-7, 8th in the Atlantic

Deadline Status

Seller

Deadline Cap Space

$9.41M today, $9.41M in full-season space, 0/3 retention slots used, 48/50 contracts used per CapFriendly. 

Upcoming Draft Picks

2022: MTL/CAR 1st,* CGY 1st,^ MTL 2nd, MTL 3rd, ANA 3rd, CAR 3rd, MTL 4th, TBL 4th, MTL 5th, MTL 6th, MTL 7th, STL 7th

2023: MTL 1st, MTL 2nd, MTL 3rd, MTL 4th, MTL 5th, CGY 5th, MTL 6th, MTL 7th

*As per the terms of the offseason Christian Dvorak trade, Montreal will give Arizona the better of Montreal/Carolina’s first-round picks, unless either or both are inside the top-10, in which case Montreal will recieve the better of the two picks. 

^If Calgary’s pick is inside the top-10, the Flames have the option to trade Montreal their 2023 first instead, and if they do so Montreal will also recieve Calgary’s 2024 4fourth.

Trade Chips

Despite languishing at the bottom of the standings, the Montreal Canadiens still have a solid amount of desirable trade chips on their roster. The Canadiens player getting perhaps the most attention in trade speculation is defender Ben Chiarot. Chiarot, 30, is a pending UFA on a $3.5M cap hit that is relatively easy for many contenders to absorb. Chiarot is a bit of a divisive player, with many disagreeing on his true value, but what is clear is that he plays the kind of playoff-oriented game that NHL decision-makers covet. Chiarot’s best asset is his physicality, his rugged style that wears down opposing players, especially in front of the net. He is not an offensive player and has 12 points in 48 games show that, but he is still a good enough skater to handle himself in transition. More analytically-inclined observers might scoff at the idea of Chiarot returning the Canadiens any assets of significance, and that would not be an unreasonable stance to take given Chiarot’s place as a high-minute defenseman on one of the league’s worst teams. But even with that in mind, it is undeniable is that Chiarot is exactly the kind of player coaches and executives want to have in their uniform when playoff hockey begins.

Beyond Chiarot, the Canadiens have another player who many coaches and GM’s will seek: Artturi Lehkonen. Like Chiarot, Lehkonen also saw his profile raised league-wide during the team’s playoff run. Lehkonen helped linemates Phillip Danault and Brendan Gallagher take on the team’s toughest matchups, and their success in shutting down scorers like Mark Stone, Mitch Marner, Auston Matthews (among others) was crucial to the Canadiens being able to go as far as they did. Lehkonen is a relentless forechecker who can fit on a contending team’s penalty kill as well as any of their four lines. He also brings an underrated offensive element to his game, with nine goals and 22 points in 50 games so far this season without much powerplay usage. Lehkonen offers an extra year of team control as an RFA after this season when his $2.3M cap hit expires. His versatility, relentless two-way game, and extra year of team control should make him a hot commodity on the trade market, especially given the trade interest a comparable player like Barclay Goodrow, for example, received a few years ago.

While Chiarot and Lehkonen figure to be largely in-demand assets on the trade market, the same cannot be said for defenseman Brett Kulak. Kulak, 28, is a bottom-pairing defenseman on an expiring $1.85M deal. After struggling to establish himself as an NHL player as part of the Flames’ organization, Kulak arrived in Montreal and became a relatively regular NHL fixture. He is now a veteran of over 300 NHL games and can offer a team some stability and skating on their bottom pairing. A team shouldn’t expect a player who can handle intense special teams work or shelter an inexperienced defenseman, but that being said a team could do a lot worse than Kulak as a depth blueliner. He shouldn’t be prohibitively expensive to acquire, either.

Other Potential Trade Chips: F Cedric Paquette ($950k through 2021-2022), F Mathieu Perreault ($950k through 2021-2022), F Joel Armia ($3.4MM through 2024-2025)

Team Needs:

1) Skilled Prospects

New GM Kent Hughes made it clear when he was first introduced to Montreal media that he did not envision the team undergoing the sort of long-term, scorched-Earth rebuild other franchises have undertaken. With those marching orders in mind, it is likely that Hughes’ plan to get the Canadiens back on track will center around already-drafted prospects and young players rather than draft picks to be used on players further away from the NHL.

2) Cap Flexibility

Despite the Canadiens’ struggles this season, the team is deep into LTIR spending and has some significant contracts on the books. It’s not as if the roster has been stripped bare and has no veterans commanding significant salaries. In fact, the roster has quite a few of them. Pierre LeBrun of TSN reported that the Canadiens’ long-term plan could include adding a “significant” free agent, but for that to be the case the team would likely need to improve its cap flexibility from its current point.

3) Draft Picks

While Hughes has made it clear that he would ideally rebuild the Canadiens on an accelerated timeline, the fact remains that draft picks are crucial to building any successful NHL franchise. The Canadiens have a few extra picks moving forward thanks to trades, but still could use some more selections in the coming drafts to help re-stock their prospect cupboards.