I build around the foundation of Petro, Parayko, Faulk, ROR, Schenn, Tarasenko, Thomas, Kyrou, Kostin, Sunny, Blais and Binny. Bozak, Steen, Allen and Schwartz won’t be able to stay. I love Schwartz, but I’m afraid he’s the first big casualty. Possibly Dunn too
Things can change over the next 1.5 years before we truly have to make a decision on Schwartz. However, as we stand right now, I am not at all on board saying that Kyrou, Kostin and Blais are all part of a foundation that doesn't include Schwartz. Hell, I think Thomas surpasses him but at the moment Schwartz is a better player than Thomas. We will be very fortunate if any of Kostin, Kyrou or Blais develop into regular 20 goal, 55 point players with good D (or better offensive players without the D strength). Schwartz has been on pace for 19+ goals and 55+ points in 5 of his past 6 seasons. He is on pace to make it 6 out of 7 this year. In the only season he didn't hit those numbers, he was an absolute monster in the playoffs and was putting up fantastic possession/defensive numbers during the regular season. Defensively sound guys who are good on the forecheck and a pretty solid bet for 20g/55p are very valuable players. I like our prospects, but none of Kyrou/Kostin/Blais are locks to be that type of guy. Again, we will have a better idea of those players' floors by the time we have to make a decision on Schwartz. But until they actually show it, Schwartz is part of my foundation and I'd be trying to figure out how to avoid making him a cap casualty. For reference, throughout this post I consider last season to be year 1 of our Cup window, with this season being year 2.
2020/21: This year is the cap crunch but it is the last year of Schwartz's deal and it is difficult to imaging that we can help that cap crunch without taking a step back by moving Schwartz and his modest $5.35M AAV. I'm still firmly of the belief that you pay up to market value to extend Petro and make the cap work by making some combo of Allen/Bozak/Steen our first cap casualties of the Cup window.
For 2021/22 (the 1st year of a potential Schwartz extension/raise), we currently have a ton of cap flexibility. Binner, Alen, Steen, Bozak and Bozak all come off the books that summer, so we currently have just 8 guys signed and a boatload of cap space. But those 8 guys are almost all big contributors on fair deals: ROR, Tarasenko, Schenn, Perron, Sunny,Parayko, Faulk and Bortz. That's 4 of your top 5 fowards, 2 of your top 3 D and a couple awesome value depth guys (with Sunny being arguably the best value contract/depth guy in the NHL). Obviously that cap space gets eaten into with extensions to other core pieces (mostly Petro/other D, J-Bo/other D, Binner/other G, and Dunn), but my point is that all of our "trouble" contracts are off the books, so we have a ton of flexibility and the vast majority of the guys owed contracts are your 2nd tier and depth guys. Petro, J-Bo, and Binner are the only other meaningful UFAs in that stretch and we are talking about $45M in cap space assuming modest cap growth. Frankly, this season should not be the season that we suffer a major cap casualty. Dunn hasn't earned the big payday we hoped/thought he would. Thomas and Kyrou are both RFAs that year but neither will have arbitration rights and neither have been good enough to start thinking/talking about them being offer sheet candidates. They should not be getting ludicrous contracts and (especially Kyrou) will likely be looking at a relatively low cost bridge deal compared to actual talent/production at that point. $45M should be more than enough to keep everyone we want.
2022/23 is the year that I think we will really be crunched again (Parayko hitting UFA), but Perron coming off the books will help. I love Perron, but he will be 34 when his contract expires. You don't let Schwartz walk a season earlier in order to bookmark significant money to a 34 year old Perron. If he wants to do cheap deals because he loves St. Louis then you do it. But other than that, I'm looking at Perron's contract expiration as $4 mil being added to the 2022/23 season's budget. Simply put, I think it is between Perron and Schwartz as the first major cap casualty during our Cup window and I take a 29 year old Schwartz over a 34 year old Perron 100% of the times. Especially because making that choice gets you an extra year with both and there is reason to believe Perron could be one of those guys who is fine doing the Joe Thornton "we'll make my 1 year deal fit into the budget after you work out the other deals" thing in order to remain a Blue.
And then for 2023/24 you have ROR and Tarasenko both hitting UFA at 32 and 31 years old respectively. $15M comes off the books and at that point we have been in a Cup window for 5 years and the core is starting to get old. Regardless of what you decided with Perron/Schwartz, I doubt both are getting extensions. As quickly as things change in the NHL, I'm not comfortable that anyone can plan this far into the future with any measure of reliability, so I'm not harming years 4 and 5 of a Cup window in order to worry about years 6+.
For me, the only way I pass up trying to work out a fair deal with Schwartz is if multiple young guys have already passed him up by 2021 and will need to get paid much more than it appears we will need to spend as we sit right now.