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  • 2026 Free Agent Filip Gustavsson's True Value Remains Murky


    Image courtesy of Stephen R. Sylvanie-Imagn Images
    Tony Abbott

    If the Minnesota Wild have historically been good at anything, it's been taking Perfectly Okay goalies and making them look like monsters. Thanks to the franchise having one or more of Jacques Lemaire, Mikko Koivu, and Joel Eriksson Ek on the team in all 24 of their seasons, strong defense is coded into the team's DNA. It's a rare year when Minnesota isn't one of the top teams in goal prevention.

    That defense makes a lot of easy work for their goalies. A Vezina-contending goalie has never filled Minnesota's net, but anyone behind the Wild defense has a top save percentage. Dwayne Roloson (the franchise leader with a .919 save percentage), Josh Harding, Devan Dubnyk, Niklas Bäckström, Filip Gustavsson, Manny Fernandez, Cam Talbot, and Darcy Kuemper have posted career save percentages of .910 or higher with the club.

    Of those eight goalies, seven of them have played elsewhere (Josh Harding is the only one to play his entire career for Minnesota). All but Darcy Kuemper have seen their numbers go down without the Wild's sturdy defense in front of them. Collectively, those seven combined for a .915 save percentage in a Wild sweater, and a .910 mark elsewhere. Back-of-the-napkin math suggests playing for Minnesota adds about five points of save percentage to your true talent level.

    And that's going to be the trouble with the upcoming Filip Gustavsson contract negotiations, whenever those start. The "Gus Bus" has been a stabilizing force for the Wild in two of his three seasons. His first season in St. Paul saw him post a staggering .931 save percentage through 39 games, and his showing in 2024-25 (.914 in 58 games) earned him a couple of third-place Vezina Trophy votes.

    It might not look like it at first glance, but Gustavsson can point to his numbers and argue for a big raise when he hits Unrestricted Free Agency next summer. A .914 save percentage looks good-but-not-great, especially in the context of Wild history.

    However, over the last three years, there has been a league-wide spike in shooting percentage. Between the 2010-11 and 2016-17 seasons, the league shot under 9.00% in six of seven seasons. The one year they broke that barrier, they only mustered a 9.11% mark. Hardly the Wayne Gretzky Era, we're talking about.

    It was a goalie paradise. Still, in each of the past three seasons, shooters have broken the 10% barrier. They started at 10.00% during Gustavsson's first season with the Wild, then bumped to 10.11% in 2023-24, then a full half-point to 10.60% last year.

    What does that mean? Well, it used to be that any goalie under a .900 save percentage was one you wouldn't want to touch if you were Zdeno Chara holding Mats Zuccarello's stick. But let's look at Marc-André Fleury, who sat at .899 last season. That was five points higher than the league average!

    And that means that Gustavsson's .914 mark was sixth in the NHL last season, and a whopping 20 points above league average. Looking at the low point of the 2010s Dead Puck Era, the 2013-14 season, the sixth-best goalie rocked a .924. That's probably the best way to look at Gustavsson's most recent campaign.

    Not surprisingly, then, Gustavsson now finds himself among the best goalies in the NHL in pure, raw save percentage.

    Here's a list of the league's top-10 (Minimum: 2,000 unblocked attempts faced):

    1. Connor Hellebuyck, .9214
    2. Linus Ullmark, .9209
    3. Anthony Stolarz, .9190
    4. FILIP GUSTAVSSON, .9137
    5. Ilya Sorokin, .9132
    6. Andrei Vasilevskiy, .9120
    7. Semyon Varlamov, .9117
    8. Jake Oettinger, .9106
    9. Logan Thompson, .9103
    10. Igor Shesterkin, .9102

    That list says one thing:

    The Gus Bus is gonna be hauling a lotta cash very soon.

    Gustavsson's numbers exceed Logan Thompson's, who signed for six years with a $5.85 million AAV in January. They're better than Jake Oettinger, who signed a max-term contract with an $8.25 million cap hit. And Gustavsson has the edge on Lukas Dostal (.9030), who is making $6.5 million annually on a five-year deal he signed last month.

    Gustavsson should be in that group, or at least, so says save percentage. But Minnesota has been in the league's top three in expected goals allowed at 5-on-5 for the past three years. The Wild defense is again expected to do the heavy lifting. So how can we account for that?

    If you want to dive into advanced stats, Goals Saved Above Expected is a great entry point. The premise is surprisingly simple: How many goals did your goalie allow, and how many would we have expected an average goalie to make? You take a netminder's expected goals faced, subtract their actual goals allowed, and you get GSAx.

    Through the lens of GSAx, Gustavsson suddenly looks somewhat pedestrian throughout his time in Minnesota. With just 27.88 GSAx, Gustavsson doesn't even rank among the NHL's top-10. Or top-20. Gustavsson ranks 23rd, sitting between Thatcher Demko and Sergei Bobrovsky. As for the goalies who are generally considered elite, the Hellebuycks, Sorokins, Shesterkins, Ullmarks, and Oettingers of the world? They're still in the top-10 once we account for defense.

    That's good for the Wild heading into next year, when their defense should be intact and allow Gustavsson to shine again. Beyond that, however, it's terrifying. If the Wild are paying top-market rate for an above-average workhorse goalie, that could be a big problem down the road.

    While Gustavsson is set to hit the market at age-28, the back end of any long-term deal is going to be a massive risk. Remember, Dubnyk was only 29 when he signed his six-year contract with the Wild, and the last two and a half seasons of that deal were disastrous.

    It's easy to say that the Wild should walk from Gustavsson next year, based on all that. However, at the same time, a team needs a solid, reliable goaltender, and those aren't always easy to find.

    If Jesper Wallstedt can't establish himself as the Goalie of the Future next year, then Minnesota might not have much choice but to pony up with a long-term deal for the Gus Bus. For a team in the middle of a five-year plan that supposedly ends with a Stanley Cup in St. Paul, Minnesota, can't risk switching to a 23-year-old goalie next season unless they're extremely sure he's up for it.

    It's an unenviable situation for the Wild, and one that might not have an optimal resolution. Will they throw a lot of years and dollars at their established starter, even if his upside might be limited in terms of providing bang for the buck? Or do they start over and turn to a prospect, and hope for the best? It's one of the most important questions the State of Hockey must grapple with over the next 10 months.

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    This is the most important part of this article:

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    However, at the same time, a team needs a solid, reliable goaltender, and those aren't always easy to find.

    I think a competent average goalie is pretty easy to find. Goose is pretty much in the Markstrom class somewhere between $5-6m without capflation. We are spending $6m on our goalies total next season, which I believe will be tremendous value. 

    Even with capflation, Goose is not an $8m+ goalie. He's just not that good. The good news is that Goose also has played behind porous defense and knows how lonely that is. In fact, when his ELC was going to end, he thought he'd be headed back to Sweden to just play there. He knows how good this defense is, especially since he had a year when they were deeply hurt. 

    I think he'll sign a team friendly deal to stay here. I also think he likes it here. I could see changing the budget to $8.2m for goalies in 2026-27. I would also encourage it to be a 5 year deal and no more. 3 would be better.

    I'm still projecting that The Wall will overtake him in a couple of years and we'll either have to trade him out (so cut down on the designations), or hand the reins over to him next season. The Wall could be elite. Both goalies were trained in the same system. Both goalies are quiet. What sets them apart?

    Puck tracking. Goose sometimes looses the puck in traffic and lets in the occasional stinker that he just never saw. The Wall, according to his scouting reports tracks the puck really well, is slightly bigger in build so pucks have a better tendency to just hit him, and is supposed to have better anticipation. He doesn't look too athletic because he's so quiet, but he can move when necessary. 

    I like having the tandem together for a few years, but Goose is probably best as a 1A, not a true 1. 

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    What doesn't make sense is, if our defense is so stellar, why is our PK in the shitter? I'm not sure how many goals I saw last year right off a lost PK faceoff. Quite a few. What does that say about goaltending? 

     

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    Always a tough call when it comes to paying a goaltender.  How good is the goaltender and how much of his success is the product of the system that plays in front of him?  I like Gus and feel he is a top 10 goaltender, but at the same time, worry about paying him $8M+. 

    The goalie contracts are kind of weird.  Besides the Rangers giving Shesterkin $11.5M starting this year, the next three highest goalie contracts were all signed back in 2018-2020.  No other goalie contract has went above $8.5M in the past couple of years, and that includes Hellebuyck, Oettinger and other top goaltenders.  

    Feels to me the minimum for Gus would be $6.5M that Dostal got with a maximum of $8.25 that Oettinger, Swayman, Ullmark and Sorokin received.  Hopefully something in the middle.

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    1 hour ago, Enforceror said:

    What doesn't make sense is, if our defense is so stellar, why is our PK in the shitter? I'm not sure how many goals I saw last year right off a lost PK faceoff. Quite a few. What does that say about goaltending? 

     

    PK is bad because D are to small to clear the front of the net and we don’t pressure enough.  
     

    Dont pay Gus over $4mm and don’t sign him until after season to keep him motivated. If he has a great year we could even trade him at deadline as a big part to get a 1C.  Gus seems to have that attitude to get unmotivated very fast after getting paid.  

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    Gus is probably aiming for $7-7.5m.  Anything over that, and you probably balk.  He MIGHT stretch to $6.5-7m, but only if he struggles for whatever reason.  I understand the hope that Wallstedt makes good, but Gus made good on two of three seasons and Wall has done squat.  Letting Gus go might be asking for trouble.

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    50 minutes ago, mnhockeyfan03 said:

    Dont pay Gus over $4mm and don’t sign him until after season to keep him motivated. If he has a great year we could even trade him at deadline

    If Guerin waits until after the season to offer $4M max, Gustavsson walks, and Guerin would look like a fool for not trading him at the deadline, regardless of how he is playing.

    It is amazing how many supposed fans disregard Gustavsson's career numbers (NHL), but believe Wallstedt will be elite even with sub-par AHL numbers.  Nobody knows how Wallstedt will do in the NHL. I hope he does well, but right now is unproven.

    I would hate to see the Wild move on from Gus, field a championship caliber team, and be undone by lackluster goaltending simply because they were unwilling to pay someone what they are worth... 

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    2 hours ago, mnhockeyfan03 said:

    PK is bad because D are to small to clear the front of the net and we don’t pressure enough.  
     

    Dont pay Gus over $4mm and don’t sign him until after season to keep him motivated. If he has a great year we could even trade him at deadline as a big part to get a 1C.  Gus seems to have that attitude to get unmotivated very fast after getting paid.  

    Mn.is there anyone on the team you don't want to trade?

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    1 hour ago, Willy the poor boy said:

    Mn.is there anyone on the team you don't want to trade?

    Everyone is tradeable.  This team needs a change. It’s not going anywhere without 3 better top 6 guys to replace Rossi, Zucc and Terasenko and we need 2 more bigger D to replace Spurg and Brodin.  If we do that in whatever way possible then we will have a chance.  Each year we run back the same team and the same thing happens over and over.  It’s insanity.  

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    I just can't see us going over $6m on him. I just don't think he's better than that and we can find a competent goaltender elsewhere. To be successful in our system, a goalie merely needs to be average. I don't see Goose being much more than an average 'tender. 

    Still, $5-6m is a raise.

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    1 hour ago, mnhockeyfan03 said:

    Each year we run back the same team and the same thing happens over and over.  It’s insanity.  

    From our team that lost to Dallas in 23, we have 12 players that are the same, and I am including Ek who played one shift and Johansson, otherwise it is 10.  From last years team there should be at least 6 new players on this team, Sturm, Tarasenko, Yurov, Ohgren, Buium,  (with a season under him), Wallstedt, and hopefully Jiricek/Lambos.  Continuity is important too, so turning over half the roster isn't necessarily a good thing.

     

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    1 hour ago, mnhockeyfan03 said:

    Everyone is tradeable.  This team needs a change. It’s not going anywhere without 3 better top 6 guys to replace Rossi, Zucc and Terasenko and we need 2 more bigger D to replace Spurg and Brodin.  If we do that in whatever way possible then we will have a chance.  Each year we run back the same team and the same thing happens over and over.  It’s insanity.  

    You already want to replace Tarasenko? I have hopes that he will mesh well with our team. 

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    50 minutes ago, Sam said:

    You already want to replace Tarasenko? I have hopes that he will mesh well with our team. 

    He is not a long term solution. He has also lost many steps.  He can still shoot so hopefully he plays with someone who can do the work and he can just shoot. 

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    The money value that seems high today isn't going to be high in three years.  Just let that sink in for a while.

    Gus was in the talk for a Vezina trophy at the beginning of last year.  If he plays that well this year he should get paid.  But like the article alludes to should the Wild consider it?  Wallstedt has just as much if not more ability than Gus does and he is 5 years younger.  He makes 2.2 million a year and is a RFA going into the 27/28 season.  Wallstedt is going to get a good number of games this year.  If he outplays Gus all season long the Wild will have a very successful season and they will also have an easier choice on signing Gus or not.  If Wallstedt can't stop a beach ball then the Wild also have an easy choice on signing Gus.  

    Gus's next contract will depend on Wallstedt. 

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    12 hours ago, 1Brotherbill said:

    The money value that seems high today isn't going to be high in three years.  Just let that sink in for a while.

    Gus was in the talk for a Vezina trophy at the beginning of last year.  If he plays that well this year he should get paid.  But like the article alludes to should the Wild consider it?  Wallstedt has just as much if not more ability than Gus does and he is 5 years younger.  He makes 2.2 million a year and is a RFA going into the 27/28 season.  Wallstedt is going to get a good number of games this year.  If he outplays Gus all season long the Wild will have a very successful season and they will also have an easier choice on signing Gus or not.  If Wallstedt can't stop a beach ball then the Wild also have an easy choice on signing Gus.  

    Gus's next contract will depend on Wallstedt. 

    This was a very well articulated comment. Good job 1BB!

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    1 hour ago, TCMooch said:

    Find another #2 or 1.5 goalie and turn him into a star if Wall isn’t ready. We’ve done it our entire franchise history. 

     

     

    I believe the name you're looking for is Hlavaj. I'm optimistic he can replace Gus for cheap if/when the Wall establishes himself, or maybe he outplays Wallstedt instead. 

     

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    On 8/14/2025 at 12:25 PM, Enforceror said:

    What doesn't make sense is, if our defense is so stellar, why is our PK in the shitter? I'm not sure how many goals I saw last year right off a lost PK faceoff. Quite a few. What does that say about goaltending? 

     

    This is something that you don't see in advanced stats. For example, MN loses draw clean. Everyone is tracking the puck and NHL scorer snipes it post and in. Goalie and everyone else on the ice can't do anything. Kaprizov has done that for the Wild.

    When it comes to the PK and draws both elements are related to specific guys being good at it. Also coaching, but player's drive is part of the formula. Battle, compete, all that cliche stuff you hear, that's what Hartman had in last season's playoffs. Trenin played hard and a few other guys but the Wild have too little and it shows in the faceoff circle, on the PK, when the going gets tough.

    The Wild are gonna have to face a tough Colorado team, Dallas who's getting all their guys back pretty much, and Winnipeg who spanked the Wild last season. St. Louis is always there, so MN is gonna have their work cut out for them. 

    The Wild are gonna need big improvements in a few areas. Goaltending shouldn't be one of them if Gus comes back like he did at the beginning of last season. He's familiar with a full NHL season starting most of the games.

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    On 8/15/2025 at 10:18 AM, bisopher said:

    I believe the name you're looking for is Hlavaj. I'm optimistic he can replace Gus for cheap if/when the Wall establishes himself, or maybe he outplays Wallstedt instead. 

     

    Lot of potential with Vaj. :classic_biggrin:

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    On 8/15/2025 at 8:33 AM, TCMooch said:

    Find another #2 or 1.5 goalie and turn him into a star if Wall isn’t ready. We’ve done it our entire franchise history. 

     

     

    Weird but true.

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    On 8/14/2025 at 12:40 PM, mnhockeyfan03 said:

    PK is bad because D are to small to clear the front of the net and we don’t pressure enough.  
     

    If that is true, why aren't they also bad when it's 5v5?  I agree there is always room for improvement, but it seems like their defensive system is so reliant on 5 players being in position to close down lanes and block pucks that when they don't have an additional player to fill in those gaps they leave a lot more holes in the defense.

    The thing is, all teams have that issue to a certain degree.  But what some of those other teams have, and what the Wild haven't ever really had, is a truly elite goaltender.  There have been some good ones.  Maybe even some that were close to great, but I think the bad PK is showing how the Wild's goalies tend to be more average than their stats suggest.  When the defense isn't there, the goalie has to come through, and often they don't.

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