The Canucks have signed pending UFA winger Dakota Joshua to a four-year, $13M contract, per a team announcement. The deal is good for a $3.25M cap hit and keeps him from reaching the open market on Monday.
Joshua, 28, is coming off a breakout 2023-24 season in Vancouver. He was limited to 63 games by an upper-body injury but still managed to record career-highs across the board with 18 goals, 14 assists, 32 points and a +19 rating. His 14:23 average time on ice was also a career high, indicative of the value he provided while sliding into an everyday role in an NHL top nine for the first time. That point total worked out to 0.51 points per game, a major step up from the 0.29 he scored in his first season with the Canucks last year.
Solid depth scoring aside, Joshua is also an impactful checking presence. His 244 hits led the Canucks by a wide margin this season and finished ninth in the league overall. He has some flexibility at center but has played most of his 184 NHL games on the wing.
A fifth-round pick of the Maple Leafs in 2014, Joshua elected not to sign with Toronto when ending his collegiate tenure at Ohio State five years later. His signing rights were dealt to the Blues, where he landed his first NHL contract immediately after being acquired.
Joshua split his first professional season between St. Louis’ AHL and ECHL affiliates before impressing during training camp entering the COVID-shortened 2020-21 season. He spent a good chunk of the campaign on the taxi squad while also earning his first 12 NHL appearances. He didn’t manage to land a full-time role with the Blues the following year, though, and they let him walk as a Group VI UFA in 2022 after he put up nine points in 42 appearances across two seasons.
Vancouver pounced, and he’s now turned into a bonafide third-line talent for them who provided major surplus value for his $825K cap hit last year. Those days are no more, but it’s hard to argue with a $3.25M AAV if he can repeat last year’s performance. The extension comes in a bit above the $3.173M AAV Evolving Hockey had projected for Joshua on a four-year deal on the open market, but players of Joshua’s archetype generally land more than models predict when hitting free agency. The deal is shorter but cheaper annually than the similarly-valued Miles Wood, who landed a six-year, $15M commitment from the Avalanche as a UFA last summer.
Joshua’s extension is the third notable move that general manager Patrik Allvin has made within the last 24 hours. He’s issued a two-year, $3.6MM extension to Latvian pivot Teddy Blueger, who spent a solid chunk of last season as Joshua’s linemate before Elias Lindholm’s acquisition from the Flames pushed him down the depth chart. He also made a cap-clearing trade with the Blackhawks, sending out all but $712.5K of Ilya Mikheyev’s $4.75M cap hit along with the signing rights to pending UFA forward Sam Lafferty and a 2027 second-round pick. After the trio of transactions, Allvin has just north of $15M in projected cap space next season with five open roster spots.
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