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.

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The only team that didn’t make a trade that moved the needle was the third-place Minnesota Wild. Bottom six winger Justin Brazeau was acquired from Boston late Thursday after veteran winger Gustav Nyquist was obtained from Nashville last weekend.

Will Wild general manager Bill Guerin be criticized for not doing more? Probably. Should he be? Absolutely not.

If Guerin had really wanted to deal for a player such as Nelson, Buffalo’s Dylan Cozens, who was moved to Ottawa, or Vancouver’s Brock Boeser, who wasn’t moved, he could have put Joel Eriksson Ek on long-term injured reserve with Kirill Kaprizov and kept both out until the playoffs opened in order to circumvent the salary cap.

But Guerin wisely elected to keep his top prospects and focus on the opening of free agency on July 1. That’s when the NHL’s salary cap will rise from $88 million to $95.5 million and when the dead cap hits of $14.7 million for the buyouts of Zach Parise and Ryan Suter will shrink to $1.7 million.

The Wild and Avalanche both have 76 points, but the Wild are in third place because they have a game in hand. The Avalanche almost certainly will pass the Wild in the coming days, but Minnesota still figures to make the playoffs. A fantastic start to the season that briefly put the Wild atop the NHL standings has helped to give them an eight-point lead on Calgary, the second wild card in the Western Conference, and a nine-point lead on Vancouver, the first team out of the postseason.

But there is no way Guerin could have looked at his roster on Friday — especially once the Jets, Avalanche and Stars started making moves — and thought he had a team that could emerge from the Western Conference. The Wild missed the playoffs last season, were expected to miss again this season and ended up being a pleasant surprise that right now is without two of their top forwards, Kaprizov and Eriksson Ek, and a top-four defenseman in Jonas Brodin.

The what-if? game
While Guerin says he expects Kaprizov, Eriksson Ek and Brodin to return before the regular season is finished, no one knows how effective they will be if they do play again. Let’s say the Wild had acquired Boeser for a 2026 first-round pick — their 2025 first-rounder was dealt to Columbus for promising young defenseman David Jiricek — along with winger Liam Ohgren and a third-round selection.

Would Boeser have joined a team that had a full-strength Kaprizov? The Wild forward has played in three games of 27 games since Dec. 23 after initially being considered day-to-day. Kaprizov underwent surgery for his lower-body injury in late January and still hasn’t started skating. He might return, but will he be his normal explosive self? Clearly, Guerin and the doctors have no idea.

Eriksson Ek, the Wild’s best center, has missed the past five games because of what The Athletic reported is a broken bone in his leg. Wild coach John Hynes told The Athletic it might be a “usage injury,” meaning there is no predicting if Eriksson Ek will be fully healthy again this season. Brodin has dealt with injuries all season and is now out with a lower-body injury after blocking a shot against Colorado late last month.

Add it up and the only thing a significant trade by Guerin would have done is add a player, likely on an expiring contract, to a mix of guys who might be back at some point but also could and should be shut down at the first sign of trouble. The Wild are better off pursuing Boeser when he becomes a free agent on July 1 and not giving up anything for him.

Given Guerin’s penchant for making deals, the guess here is that it pained him to mostly sit out this deadline. But he did the right thing. The Wild’s long-term future looks bright because the cupboard is filled with prospects. Not moving some of them in the name of trying to make a run against what now appears to be superior competition was the type of restraint for which Guerin should be applauded.

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But Kaprizov did not join his teammates five days later as they reconvened to travel to Dallas for a game that night. Kaprizov had been battling a lower-body injury and the decision was made to shut him down before it got worse.

The Wild suffered another significant loss on New Year’s Eve when defenseman Jared Spurgeon was taken out by a slew foot from Nashville rookie Zachary L’Heureux and had to be helped off the ice.

The Wild had gone 1-1 in their first two games without Kaprizov and beat the Predators after Spurgeon’s lower-body injury. The Wild then went on the road and won back-to-back games against two very good teams in Washington and Carolina before returning to Xcel Energy Center for a 6-4 victory over the Blues.

That put the Wild at 5-1-0 without Kaprizov and 3-0 without Spurgeon. It was the latest impressive accomplishment by a team that had exceeded nearly everyone’s expectations, and had the Wild only two points behind Central Division-leading Winnipeg.

Blue-line depth being tested
But that Blues win came at a steep price. Defenseman Brock Faber took an elbow to the head from the Blues’ Jake Neighbours early in the game and played only five more shifts before leaving. Defenseman Jonas Brodin saw additional time with the minutes-eating Faber out and logged a career-high 33 minutes, 2 seconds. It was late in the game that Brodin remained on the ice for 2:41 and blocked three shots. One of them came off the stick of the Blues’ Colton Parayko and left Brodin hobbling.

He downplayed it after the game but hasn’t played since. Neither has Faber. Not surprisingly, the Wild hasn’t been the same since.

A 6-1 loss to Colorado at home was followed by a 3-1 victory at San Jose. Last Sunday, the Wild lost 4-1 at Vegas and then blew a 2-0 lead in a 5-3 loss on Wednesday to the Edmonton Oilers in St. Paul. The Wild lost second-line winger Marcus Johansson to a concussion in that one when he took an elbow to the head from Oilers superstar Connor McDavid.

There will be no case made that anyone should feel bad for the Wild. Every team loses key players to injury and must find a way to overcome it or get buried in the standings. Wild players have walked the fine line of acknowledging the magnitude of not having Kaprizov and three top defensemen, but not trying to hide behind that as an excuse for now being seven points behind the first-place Jets, only one point ahead of third-place Dallas and three up on the Avalanche.

It’s clear that John Hynes has established what he wants the message to be from his locker room. The Wild coach is very skillful at avoiding any criticism of his players but making it clear there is a standard they are expected to meet.

What’s difficult is judging which players are struggling and which are simply being asked to do more than they are capable of because of the hit to the depth chart. There also are players who are thriving, such as center Marco Rossi. Rossi has been paired with Matt Boldy and Mats Zuccarello on the Wild’s first line and has five goals and 11 points in those 10 games.

Causes for concern? 
As important as Kaprizov is to the Wild, they lost only one game without him but have now dropped three of four without Brodin and Faber. Not surprisingly, goalie Filip Gustavsson hasn’t looked anything like the guy who spent much of the first half of the season near the top of the NHL in goals-against average and save percentage.

Gustavsson registered a 21-save shutout against Carolina in the last full game that Brodin and Faber played. He was lifted in the second period of the Wild’s come-from-behind victory over the Blues after giving up four goals on 18 shots. Gustavsson has given up 15 goals in his past three starts (all losses) for an ugly .850 save percentage. If you include the Blues game, Gustavsson has surrendered 19 goals in four games for an .839 save percentage. His save percentage has gone from .926 to .914 in that time.

Cause for concern or an inevitability when guys like Zach Bogosian, Declan Chisholm Travis Dermott, Jon Merrill and rookie David Jiricek are forced to play elevated minutes because of key losses?

There are a couple of pieces of good news for the Wild. The first is that Kaprizov, Faber and Spurgeon all practiced on Friday, and bottom six forward Jakob Lauko (lower body) could be ready to return from a 13-game absence Saturday against Nashville. Brodin doesn’t appear as close, but the return of Kaprizov, Faber and Spurgeon would provide a huge boost.

The other thing the Wild have going for them is their fantastic start to the season. They went 5-1-1 on a seven-game road trip in October and had 44 points through their first 30 games.

Their start didn’t assure the Wild of a playoff berth, but it gave them a nice head start on making it. Given the current state of their roster, those early-season points might be what get the Wild into the postseason.

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