One of the more outwardly difficult negotiations this summer has been between the Boston Bruins and goaltender Jeremy Swayman. Neither Boston nor Swayman opted to go through salary arbitration this offseason but the organization may have gotten a jolt to their system after the hockey world watched the St. Louis Blues make offer sheets to two members of the Edmonton Oilers a few days ago.
It doesn’t appear Swayman is worried about the lack of a contract up to this point with him asserting confidence he will remain with the Bruins in an interview on NESN earlier this week.
“There’s a lot of confidence. And I say that because I’ve treated it like business as usual this year," Swayman said. "I’ve been at Warrior, I’ve been working out with our guys, our staff, our players. And I know that there’s something special building in this locker room this year, and I can’t be more excited about that. I know that it will take care of itself with time, and all I can do is control how I’m going to be a better goalie for the Boston Bruins this year. So, that’s all I’m focused on. And I know, again, it will work out, and I couldn’t be happier to be a Bruin."
Cap space won’t be an issue for the Bruins with these negotiations as they still own approximately $8.6M according to PuckPedia. The only reason Swayman’s contract would become a major concern for the salary cap is if a team takes the same approach as St. Louis and signs Swayman to an offer sheet north of their current allotment.
Earlier this week on "32 Thoughts," Elliotte Friedman of Sportsnet argued that Swayman and the Bruins weren’t close on a new contract, and the negotiations have been challenging. The exact reason for the strife is unknown but it’s likely due to Swayman’s camp potentially overestimating the value of the young netminder up to this point.
That’s not to say Swayman hasn’t been an exceptional goaltender up to this point in his career, but he’s largely shared the net with goaltender Linus Ullmark. Once a contract gets done between the two sides, the 2024-25 season will be his first as the undisputed starting netminder. Since sharing the net with Ullmark in the 2021-22 season, Swayman has only started in 46.7% of the regular-season games for Boston.
Because of this, Evolving Hockey projects Swayman to land a four-year contract worth an average annual value of $6.25M. He may land closer to $7M if the Bruins can get him on a long-term deal. A similar contract would give Boston plenty of cap space to add during the season. As much as Swayman’s camp may be arguing at the moment, he simply has not proven himself to be in the same echelon as Igor Shesterkin, Andrei Vasilevskiy or Connor Hellebuyck so far.