Guerin’s To-Do List

Bill Guerin finally was able to hold a season-ending press conference this week that didn’t include the Wild general manager trying to explain how he intended to operate with $14.7 million in dead money counting against the salary cap.

Those days are finally past.

Zach Parise and Ryan Suter’s contracts are mostly off the books — their terminated deals will still count $1.7 million against the cap for the next three years — and that means Guerin is largely free of the financial shackles that impeded his ability to aggressively pursue free agents.

This doesn’t mean Guerin will throw money around on July 1 when free agency begins. The Wild plan on devoting a good chunk of cap space to winger Kirill Kaprizov in what will be a busy summer.

Here are three areas that will be addressed:

Locking up the franchise player
Wild owner Craig Leipold said last fall that no team would offer Kaprizov more money or a longer contract than the Wild. Kaprizov, who has one season left on his five-year, $45 million contract, is eligible to be offered an extension starting July 1.

With the Parise/Suter contracts off the books, signing Kaprizov to an eight-year deal this offseason should be a priority for the Wild. (MHM Photo / Rick Olson)

The Wild can pay Kaprizov more because they have the ability to offer an eight-year contract. If Kaprizov elects to play out his contract and become a free agent after next season, teams can only offer him a seven-year deal.

The Wild have no intention of letting it get to that.

Kaprizov, 28, is the Wild’s first superstar and his importance to the franchise is clear to everyone. He was one of the leading candidates for the Hart Trophy as the NHL’s MVP this season before being sidelined by a lower body injury that required surgery just after Christmas.

Kaprizov only played 41 games and still finished second on the Wild with 25 goals and third with 56 points. He returned late in the regular season and had five goals and nine points in six playoff games.

Kaprizov’s new contract would not kick in until 2026-27.

The NHL salary cap will rise from $88 million this season to $95.5 million for 2025-26. The projections for the following two seasons are $104 million and $113.5 million.

Given the upcoming cap increases, Kaprizov’s reps likely will start by asking for $15 million to $16 million in average annual value over eight years. The Wild have little choice but to capitulate given the fact Kaprizov is holding all of the cards.

“I’m very confident that we’re going to get a deal done with Kirill,” Guerin said. “He really loves this market and this team. I think he feels that we’re going in the right direction.”

Center of attention
Anyone who watched the Wild’s first-round playoff loss could see the team’s lack of a true No. 1 center was a problem. That is nothing new and it’s an issue that Guerin wants to solve. He said the center position will be a focus in free agency, adding that he “wouldn’t be opposed to a scoring winger, either.”

Joel Eriksson Ek is a quality center, but ideally he would slot into the No. 2 or No. 3 slot and play on more of a grind-it-out line.

But here’s the issue: Finding a top-line center isn’t easy and they don’t often hit the open market.

That’s what makes this so interesting for Guerin.

The top centers set to become free agents this July include Toronto’s John Tavares, Florida’s Sam Bennett, Colorado’s Brock Nelson and Dallas’ Matt Duchene. Only Bennett is under age 30 from that group and he will turn 29 on June 20. There are reports that Tavares wants to return to the Maple Leafs and that the Panthers are going to make a push to re-sign Bennett.

Nelson is a Warroad native and there has been speculation that the Wild will bring him home. However, he will turn 34 on Oct. 15 and signing him to a multi-year contract with any type of no-trade protection (which everyone gets these days) comes with plenty of risk.

Guerin’s best option might be the trade market. This wouldn’t be cheap, but the Wild’s prospect pool was ranked second in the NHL by The Athletic this year. That gives Guerin some quality ammunition in trade talks.

Marco Rossi played in all 82 games with the Wild in each of the past two seasons. He scored 21 goals and 40 points in 2023-24 but jumped to 24 goals and 60 points in 2024-25. (MHM Photo / Rick Olson)

One player Guerin could offer is winger Liam Ohgren. Ohgren has played in 28 games for the Wild over the past two seasons but has spent the majority of that time in Iowa. The Wild brass claims to remain high on the 21-year-old, but it wouldn’t be surprising if he was the centerpiece of a package for a top-line center.

The Wild also could offer restricted free agent center Marco Rossi. The ninth-overall pick in the 2020 draft, Rossi finished second on the Wild with 60 points this season. His 24 goals were third on the team and he was one of only three Wild players to appear in all 82 games.

However, Rossi was demoted to the fourth line in the playoffs, and it seems likely the team and player could agree to a mutual parting of ways this offseason.

One thing the Wild don’t have to offer is their 2025 first-round pick — that went to Columbus in the trade for defenseman David Jiricek.

Centers who might be available on the trade market this summer could include Vancouver’s Elias Pettersson and the Rangers’ Mika Zibanejad. Both, however, are coming off disappointing seasons.

Another name to keep an eye on is Detroit captain Dylan Larkin.

Larkin expressed his displeasure with the Red Wings’ lack of activity at the trade deadline in March, leading to speculation about his future in Detroit. Larkin’s frustration is understandable considering the Red Wings’ last playoff appearance came during his rookie season in 2015-16.

The Michigan native has a no-trade clause and five years remaining on the eight-year, $69.6 million contract he signed in 2023. Larkin’s cap hit is $8.7 million per season.

It appears a long shot Larkin would be dealt — or approve a trade — but he’s had four consecutive 30-goal seasons and even the hint that he might be available makes it worth Guerin’s time to put a call into Detroit general manager Steve Yzerman.

Liam Ohgren scored two goals and three assists in 24 games with the Minnesota Wild in 2024-25. He spent 41 games with the Iowa Wild this season, scoring 19 goals and 37 points. (MHM Photo / Rick Olson)

About that scoring winger
If Guerin acquired a center in a deal involving Ohgren, odds are he would turn to the free-agent market to pursue a scoring winger to fit into the top six. The Wild are projected to have $20.6 million in salary cap space for 2025-26, according to PuckPedia.

The top free agent on the market will be Toronto’s Mitch Marner, but he likely will end up in Toronto or getting a massive deal elsewhere.

Signing Nikolaj Ehlers away from the Winnipeg Jets would not only help the Wild but weaken a Central Division opponent. The 29-year-old winger has scored more than 20 goals in eight of his nine seasons with the Jets and had six power-play goals this season.

The Wild also could look to bring home right winger Brock Boeser after nine seasons with the Vancouver Canucks. The 28-year-old Burnsville native had his goal output drop from 40 to 25 this season, but it was a tumultuous year in Vancouver that impacted many players on the team.