At a crossroads, Canucks look to avoid idling like Pacific rivals have in recent years

Success in the Stanley Cup playoffs has left the Vancouver Canucks in a similar situation to a couple of their Pacific Division rivals, Jim Morris writes, but the organization will attempt to sustain its 2020 success by continuing to improve this off-season.

Vancouver GM Jim Benning enters off-season with roughly $15M US in cap space

Vancouver Canucks General Manager Jim Benning, seen above during a news conference in 2019. Entering a crucial off-season following a deep playoff run, Benning and the Canucks have multiple roster decisions to make. (Darryl Dyck/The Canadian Press)

Success in the Stanley Cup playoffs has left the Vancouver Canucks at the same crossroads where a couple of their Pacific Division rivals stood a few years ago.

The last time the Canucks appeared in the playoffs was 2015 when they were a 100-point team but were upset in the first round by the Calgary Flames. The future looked bright for that Flames team with Johnny Gaudreau, Sean Monahan and Mark Giordano, but since then Calgary has failed to make the playoffs twice and lost in the first round three times, including this season.

In 2017, the Edmonton Oilers finished second in the division and took Anaheim to seven games in the second round. It looked like a coming-out party for Connor McDavid and Leon Draisaitl, but the Oilers missed the playoffs the next two years and didn't get past the play-in round this season.

This year, the Canucks eliminated the defending Stanley Cup champion St. Louis Blues in six games, then took the Vegas Golden Knights to a seventh game – after trailing 3-1 – in their Western Conference second-round series.

WATCH | Canucks fall short in Game 7 against Golden Knights:

Shea Theodore's power-play marker in the third period stood as the game-winner in the Vegas Golden Knights 3-0 game 7 win over the Vancouver Canucks. 1:02

While pleased with his group, head coach Travis Green said it's the beginning of a long journey.

"You can't just stay the same, you have to improve to get better and continue to improve every year," Green said during a conference call Tuesday.

Decisions, decisions

What path the Canucks follow next year will depend on decisions made by general manager Jim Benning.

The NHL salary cap will remain at $81.5 million US next season. That gives Benning about $15 million when deciding on unrestricted free agents like goaltender Jacob Markstrom, defenceman Chris Tanev and forward Tyler Toffoli. He also must deal with restricted free agents like forward Jake Virtanen and defenceman Troy Stecher.

Markstrom, Vancouver's best player the last two seasons, will be looking for a raise from the $3.6 million he earned this year. He's also 30 years old and missed parts of the regular season and playoffs with injuries.

Rookie Thatcher Demko, who will make just over $1 million next year, stepped in for Markstrom when the Canucks trailed Vegas 3-1 and made 123 saves and recorded a shutout.

WATCH | Demko stars as Canucks force Game 7 against Golden Knights:

Thatcher Demko was terrific as he stopped all 48 shots he faced and Quinn Hughes had two points in the Vancouver Canucks 4-0 game six win over the Vegas Golden Knights. 1:31

Benning sees value in having "two good goalies," but keeping both could be a financial stretch.

"We're going to try to figure out a way that makes sense for us and makes Jacob and his agent happy, to try and figure out a deal to try and get him signed," Benning said. "We want him back."

Looking ahead to 2021-22, Benning will need to money to pay young stars like centre Elias Pettersson and defenceman Quinn Hughes, the building blocks of any Canuck success.

Tanev, 30, made $4.4 million last year. He's been paired with Hughes and played a role in the Calder Trophy candidate's development. Tanev is also 30 years hold and has a history of injuries.

Veteran defenceman Alex Edler has two years left on his contract and Vancouver has promising young blue-liners like Jalen Chatfield, Olli Juolevi and Brogan Rafferty in the system.

WATCH | CBC Sports Rob Pizzo recaps Lightning's Game 1 over Islanders:

In his daily recap, Rob Pizzo breaks down how the Lightning dismantled the Islanders in game 1 of the Eastern Conference Finals. 3:02

Virtanen, 24, had career highs in points (36), goals (18) and assists (18) in 69 games last year while being a bargain at $1.2 million. His development curve has also been inconsistent.

Winger Loui Eriksson, 35, who had no points in 10 playoffs games, remains a financial rock tied around the Canucks' neck. He has two years left on a contract paying him $6 million a season.

Vancouver also has bottom six players likes Jay Beagle, 34, earning $3 million and Brandon Sutter, 31, $4.3 million.

Benning has already heard from GMs about possible trades.

"We have a lot of good young players going forward that we have to make sure we have room to sign them," he said. "We are going to have to make some tough decisions, maybe even on some young players.

"We are going to have to decide what players we want to sign going forward and other players maybe we can move on to recover [draft] picks. That's the circle of life in our business."

About the Author

Jim has written about sports in Canada for more than 40 years for The Canadian Press, CBC Sports, CFL.ca and Swimming Canada. He has covered eight Olympic Games and three Paralympics. He was there the night the Edmonton Oilers won their first Stanley Cup and has covered 12 Grey Cups.

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