Your Trash, My Treasure: Playing The GM Shuffle

“One man’s treasure is another man’s trash/ One man’s landing is another man’s crash”—Guy Clark

At the end of a season that saw his Calgary Flames fall from Pacific Division champions in 2022 to out of the playoffs in 2023, general manager Brad Treliving went to ownership of the club. Tired of seeing each Darryl Sutter ignore the products of Calgary’s development system in favour of aging veterans, Treliving wanted a fundamental change of direction for 2023-24. Get younger.

The problem for Treliving is that he had no contract past 2023 while Sutter had two years left at $4M per year on the extension Flames ownership had given him for the 2021-22 performance fuelled by Matthew Tkachuk and Johnny Gaudreau. For the parsimonious Flames the answer was obvious about the coach who’d once led the teams to the Stanley Cup Final in 2004. Sutter and his contract won out. 

While the choice of retaining Sutter might have satisfied ownership, it was a non-starter for Treliving, a number of core players on the roster and the fan base— who were bitterly watching Tkachuk lead Florida to the 2023 Final. Treliving was gone from the team he’d run for nine seasons and five playoff appearances. With the implicit defection of some key players, ownership then had president Don Maloney fire Sutter. 

Was Treliving the best GM in the league? Maybe not, but his work in turning the departure of Tkachuk into real assets (ones Sutter seemed to waste) was indicative of skill. In the end the Flames had made a choice that cost them both their options. Now they’re left with former hero Craig Conroy making his maiden appearance as an NHL GM. And possibly their AHL coach being promoted. Did we say the Flames are cheap?

Meanwhile in Toronto, wunderkind GM Kyle Dubas had gone from youngest genius in the NHL to shopworn object of scorn to Toronto’s roiling fan base. After seeing his heralded teams win just one playoff series (2023) since 2017, Dubas became the scapegoat for frustrations that go back to 1967. Loaded with costly, flashy stars such as Auston Matthews, William Nylander and Mitch Marner, Toronto seemed to have peaked.

So after some aborted contract talks, Maple Leafs ownership and president Brendan Shanahan said buh-bye Dubas. A hiring committee went in search of a new GM to handle the thorny contract issues Toronto faces under the current CBA. (Namely, would Matthews sign an extension this summer or would he do a Gaudreau and bet on himself in a contract year.) 

Meanwhile, the 40-year-old Dubas said he was going to take some time off to consider his options. As holidays go it was a short one. No sooner had the Leafs decided that Calgary’s trash was their treasure, inking Treliving as their new GM, Dubas’ rumination ended with his being named as GM in Pittsburgh on a seven-year deal. What? Next thing you’re going to tell us is that Mike Babcock is coming back after his paid holiday from the Leafs (where Dubas and Shanahan had fired him).

You guessed it. The two-time Stanley Cup winning coach— the winningest coach in Red Wings history— once thought too mean by all the young dudes in the T-Dot was named head coach in Columbus, where he’ll try to motivate Gaudreau— who once found Sutter too abrasive. Go figure. 

Fans hoping that new GMs and coaches making bold moves will bring sunny days in 2023-24 will be sorely disappointed as the crunch from Gary Bettman’s vaunted Escrow System will mean a meagre $1M bump in the salary cap for next season. Because of money lost by owners during the Covid Bubble seasons, players are working off an estimated $1.1B debt they owe owners under the terms of the glorious salary-cap capitulation by shutting down the 2004-05 season.

Of course, part of that loss in revenues can be attributed to Bettman’s Folly, aka the Arizona Coyotes, who’ve been a drag on the NHL’s revenue streams even as other clubs make out like bandits. (See: small-market Ottawa Senators estimated to be going for a billion dollars.)  In addition there is probably as much as $70M in “dead” money from ill-fated contracts stuck in the works. BTW, not one player in the socialist republic of Bettman made a max salary in 2022-23 under this scheme accepted by players who cratered in 2004 and fired Bob Goodenow. 

With an estimated $6M bump in the cap on July 1, 2024, there will be a lot of kicking the can down the road this summer should Treliving and the Leafs pony up the max salary to keep Matthews. They might also be able to tread water on a few other costly contracts if they trade Matthews south to a U.S. destination.

As we’ve written lately , trying to keep American stars in cold Canadian cities where they’re in a fish bowl 24/7 is becoming an issue. Many will look at Tkachuk appearing as a guest on the NBA Playoffs broadcast as indicative of what can happen if they move to a tax-free state like Texas, Tennessee, Nevada, Florida and yes, Arizona. 

So the GM faces may be new in Calgary, Toronto and Pittsburgh, but the problems are same old/ same old in Gary Bettman Land. Cap gymnastics, TV cord-cutting, market disparities and the collapse off international play, among many. Expect a replay of the GM shuffle this time next year.

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Bruce Dowbiggin @dowbboy is the editor of Not The Public Broadcaster  A two-time winner of the Gemini Award as Canada's top television sports broadcaster, he’s a regular contributor to Sirius XM Canada Talks Ch. 167. Inexact Science: The Six Most Compelling Draft Years In NHL History, his new book with his son Evan, was voted the seventh-best professional hockey book of all time by bookauthority.org . His 2004 book Money Players was voted sixth best on the same list, and is available via http://brucedowbigginbooks.ca/book-personalaccount.aspx