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UFA F Mike Hoffman’s Asking Price Revealed, Why He Hasn’t Signed

One of the free agents yet to come of the board but getting a lot of attention is Mike Hoffman. Why hasn’t he signed yet?

One of the free agents yet to come of the NHL free agency board but getting a lot of attention is Mike Hoffman. A strong scorer and legitimate threat on a top line for any team, Hoffman has yet to find a home this offseason and it could because of his asking price.

Related: Best of the Rest: Who Is Still Available In 2020 NHL Free Agency?

As per reports by TSN’s Frank Seravalli, during a spot on the latest Insider Trading segment Hoffman is holding firm at his salary range between $5.5 million and $6.5 million. Considering other forwards have come off the board at much cheaper rates, it could explain why he’s yet to sign. At the same time, he might be right to wait it out as other forwards have signed for more and many with less production.

Hoffman, 30, has been scoring since he came into the NHL. He has 169 goals since debuting as a regular in 2014-15 and that’s good for 16th most in the NHL. He was strong again last season with the Florida Panthers where he posted 29 goals and 30 assists in 69 games. He’s also a deadly power play weapon.

The Term Is Not The Issue

Seravalli notes that it’s probably the money and not the term, as he’s open to a one-year deal in the right situation. That might include the Boston Bruins, Columbus Blue Jackets, or the Nasvhille Predators as they have the cap space and are rumored to have shown interest.

Mike Hoffman Florida Panthers
Mike Hoffman Florida Panthers

The Canucks might also be an option as they’ve missed on a lot of the free agency action until Monday evening when they added Nate Schmidt in trade from the Vegas Golden Knights. They could certainly use help on the wing after losing forward Tyler Toffoli to Montreal on a team-friendly deal.

This could get interesting. If teams try to out-wait the forward his price might come down. If he truly is firm on things, he might stay a UFA for a little while yet.

Next: Tyler Toffoli Signs 4-Year Deal with Montreal Canadiens

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