2020-21 record 35-16-5, 75 points
3rd in the Honda NHL West Division
Eliminated in the First Round by Vegas
Additions: F Frédérick Gaudreau, F Dominic Turgeon, D Jordie Benn, D Kevin Czuczman, D Alex Goligoski, D Joe Hicketts, D Dmitry Kulikov, D Jon Lizotte, D Jon Merrill
Subtractions: F Nick Bonino (signed with SJS), F Gabriel Dumont (signed with TBL), F Marcus Johansson (signed with SEA), F Luke Johnson (signed with WPG), F Gerald Mayhew (signed with PHI), F Zach Parise (buyout, signed with NYI), F Dmitry Sokolov (NMHL), D Matt Bartkowski (signed to a PTO with PIT), D Louie Belpedio (signed with MTL), D Ian Cole (signed with CAR), D Brad Hunt (signed with VAN), D Brennan Menell (traded to TOR), D Carson Soucy (expansion, SEA), D Ryan Suter (buyout, signed with DAL)
Still Unsigned: D Ian McCoshen
Re-signed: F Will Bitten, F Nick Bjugstad, F Joseph Cramarossa, F Brandon Duhaime, F Joel Eriksson Ek, F Kevin Fiala, F Kirill Kaprizov, F Kyle Rau, F Mason Shaw, D Dakota Mermis, G Andrew Hammond
Offseason Analysis: It took all summer, but it didn’t linger into the fall as Wild General Manager, Bill Guerin, and forward, Kirill Kaprizov, were able to hammer out a five-year extension worth $9.000 million per season– forcing this entire offseason recap/season preview to be re-written.
Going into Tuesday, Minnesota was bound to receive a letter grade in the “D” range for failing to secure Kaprizov before training camp, despite a few other moves that have actually been pretty good for them– salary cap penalties via buyouts aside.
Late Tuesday, Kaprizov re-signed and all is just about forgiven for the Wild.
Since joining the league as an expansion team in 2000, Minnesota has rarely had a competitive team that can make a deep run into the postseason. They’ve consistently been good, but never good enough.
Marian Gaborik came and went, Mikko Koivu stayed loyal until he joined the Columbus Blue Jackets for a brief stint last season prior to retiring less than a month into the 2020-21 schedule and then the dawn of the Kaprizov Era began.
After spending time in the Kontinental Hockey League for his early development, Kaprizov amassed 27-24–51 totals in 55 games in his debut season with Minnesota as a 24-year-old left wing.
He’s the real deal and the Wild are leaning into it.
Though Nick Bonino, Marcus Johansson and others weren’t re-signed as part of Minnesota’s depth that got them all the way to a Game 7 at T-Mobile Arena against the Vegas Golden Knights in the 2021 First Round, Guerin held things down where it counts– the core.
Joel Eriksson Ek signed an eight-year extension worth $5.250 million per season after a breakout season with 30 points (19 goals, 11 assists) in 56 games last season after amassing 8-21–29 totals in 62 games in 2019-20.
If the last two seasons are an indication of what’s to come, then the Wild have a steal of a deal in Eriksson Ek’s cap hit as the 24-year-old emerges in his prime.
Guerin brought back Kevin Fiala on a one-year extension worth $5.100 million– retaining restricted-free agency status over the 25-year-old forward heading into next offseason– after putting up 101 points (46 goals, 55 assists) in 133 games with the Wild in parts of three seasons since he was acquired on Feb. 25, 2019.
In parts of five seasons with the Nashville Predators from 2014-15 through 2018-19, Fiala had 45-52–97 totals in 204 games.
Don’t fix what isn’t broken, because clearly something is clicking in Minnesota and the Wild are reaping the benefits.
Alex Goligoski and Jon Merrill are fine additions to the defense, though as for how efficient they’ll be compared to the loss of Ryan Suter remains to be seen.
Guerin bought out the remainder of Zach Parise and Suter’s matching contracts on July 13, 2021, and in doing so saved Minnesota some valuable cap space to sign Kaprizov and build off of the new core.
That said, Parise and Suter will cost the Wild about $4.744 million in dead cap space for 2021-22, then $12.744 million in dead cap space in 2022-23, before the buyout penalties reach a crescendo with a combined $14.744 million in dead cap money from 2023-24 through 2024-25 before Parise and Suter’s penalties taper off with a combined cost of $1.667 million in 2025-26, as well as 2026-27.
This offseason might have been a breeze, but next offseason is a different story– especially as building and maintaining contender status gets difficult in the next few seasons too.
Ultimately, the cost of buying out Parise and Suter may or may not even be a headache for Guerin to deal with. It all depends on how the team performs between now and a couple of seasons from now.
For now, Guerin has about $3.215 million in cap space to play with for the 2021-22 season.
Over the summer, the Seattle Kraken formed their first roster and did Minnesota a favor without asking.
Seattle could’ve selected Kaapo Kähkönen, since the Wild protected Cam Talbot, but the Kraken went in a different direction and snagged Carson Soucy from Minnesota’s depth on the blue line.
Offseason Grade: B+
Though it took a little longer than both sides had probably hoped– and with more frustration than expected– Guerin re-signed his No. 1 priority in Kaprizov before the start of training camp.
The biggest challenge for Minnesota– other than improving on last season’s success before a First Round exit– is finding a way to keep the band together next offseason, when Fiala, Jordan Greenway and Kähkönen are on the short list of important pending-restricted free agents.
Meanwhile, guys like Victor Rask, Nick Bjugstad, Kyle Rau, Nico Sturm, Goligoski, Jordie Benn and Merrill have a little more flexibility to come and go as they please– assuming there’s enough cap space in face of the Parise and Suter buyout penalty crunch on top of what might still be a flat cap for the 2022-23 season due to the ongoing pandemic.
At the very least, 2023-24 should be a bit more optimistic with the latest U.S. broadcasting rights deals for ESPN and Turner Sports inflating league revenue all-around and likely bumping up the salary cap as a result.
For now, Minnesota’s transition continues, but for once there’s a sense of stability given their best players are 25 and under and enjoy being in a Wild uniform.
Though they didn’t bring the alleged “State of Hockey” a Stanley Cup championship in their tenure, Parise and Suter made playing for Minnesota cool as the franchise found its footing now entering its second generation.
Down the Frozen River 
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