TRADE BUZZ: Panthers interested in extending veteran defenseman

The Panthers hope to extend pending UFA defenseman Dmitry Kulikov, Sportsnet’s Elliotte Friedman reports in his latest “32 Thoughts” column. Kulikov, a first-round pick of the Cats in 2009, signed a one-year, $1M deal last summer to begin his second stint in South Florida after suiting up for six different clubs over the past four seasons.

The 33-year-old Russian had surgery last summer to address back problems that had plagued him since 2016-17. He played only 47 games that campaign, his first and only one as a member of the Sabres after they acquired him from the Panthers the previous offseason.

His results as a high-end depth shutdown option have been wildly up and down since. He’s had a few effective campaigns – namely, his 2021-22 season with the Wild when he put up 24 points in 80 games and a career-high +23 rating while averaging 18:12 per game with markedly positive possession quality numbers. But he followed that up with a stinker last year, albeit on a Ducks squad that was one of the worst defensive teams in recent memory. He failed to secure a full-time job with the Penguins after a deadline deal, though and didn’t post positive possession metrics in easy minutes when in the lineup.

That placed him on the open market this summer after completing the two-year, $4.5M contract he signed with the Wild in free agency in 2021, which saw him dealt twice despite carrying modified trade protection. Florida picked him up on the cheap to help address their early-season depth issues, with Aaron Ekblad and Brandon Montour set to miss some time from offseason shoulder surgeries. Kulikov, along with Oliver Ekman-Larsson, has been one of the best signings of the bunch, beating out Uvis Balinskis, Josh Mahura and Mike Reilly for a spot in the lineup when everyone returned to full health.su

He’s dressing in the Panthers’ Game 1 lineup Sunday in a third-pairing role alongside Ekman-Larsson after skating in 76 regular-season games, only his second season with more than 70 appearances since 2016. Despite his lengthy injury history, an extension in Florida would put him in line to cross the 1,000 games plateau as a Panther next season – he sits at 948 entering the summer.

Kulikov was quite effective in his bottom-pairing role, posting a goal and 20 points with a +15 rating while averaging 16:31 per game. He finished third on the club in blocked shots (84) and fifth in hits (145), all the while posting a 54.0 CF% at even strength – a career-high – and a 54.1 xGF%. However, he wasn’t used in his traditional shutdown role. Kulikov instead acted as an anchor for Ekman-Larsson for most of the year, deployed in offensive situations at even strength more often than not. That certainly contributed to his increase in shot attempt control, although that shouldn’t be interpreted as diminishing his value.

After again establishing himself as an everyday player, he’s likely in line for a small raise. But at age 33, don’t expect more than a two-year term on a potential extension. The Panthers have $20.7M in projected cap space next season with a roster size of 13, meaning they can afford an average of around $2M on the deals they sign this summer for their NHL roster. They have more than a few higher-priority UFAs to sort out before Kulikov, though, including breakout sniper Sam Reinhart and Montour. Young center Anton Lundell is also in line for a raise on his $925K cap hit as an RFA.

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