Abbotsford’s Jake Virtanen and the Vancouver Canucks are scheduled to go to salary arbitration on Oct. 28. (File photo)

Abbotsford’s Jake Virtanen and the Vancouver Canucks are scheduled to go to salary arbitration on Oct. 28. (File photo)

Abbotsford’s Jake Virtanen, Vancouver Canucks playing waiting game for new contract

Yale Hockey Academy product files for arbitration with Canucks, hearing set for Oct. 28

Jake Virtanen’s future role in the Vancouver Canucks organization will, in large part, be determined by what happens on or before his arbitration date on Oct. 28.

The 24-year-old Abbotsford native was a restricted free agent at the end of the season, but his rights were qualified by the Canucks on Oct. 6.

Virtanen filed for salary arbitration on Oct. 9, and unless the two sides come to an agreement before his arbitration date, a third party will determine his next contract.

The issue the Canucks currently face is that they have just under $1.05 million of cap space, and would definitely have to make some moves in order to retain the Abbotsford product.

Virtanen’s cap hit last year was $1.25 million, and he signed a two-year deal back in 2018.

RELATED: Abbotsford’s Jake Virtanen re-signs with Canucks

Many insiders are projecting Virtanen to receive a raise to at least $3 million per season or more based on his production last season. He achieved career highs in goals (18), assists (18) and points (36), but was considered to be a disappointment in the playoffs with just three points in 16 games.

What occurs in salary arbitration is both the player and team submit their expectations for the player’s salary for the coming year. The team cannot ask for a reduction more than 15 per cent. The arbitrator then hears from both sides and renders a verdict. That verdict is now the salary the team is required to pay the player.

The team then has 48 hours to either accept the new salary amount or decline, which would then make the player an unrestricted free agent and free to choose anywhere he chooses. Virtanen elected to go to arbitration so the Canucks do have the ability to walk away from the verdict if they don’t like it. However, they would get nothing in return if Virtanen signs elsewhere.

Virtanen has 95 points and 178 penalty minutes in 279 career games for the Canucks.

He honed his skills in the Abbotsford Minor Hockey Association system and with the Yale Hockey Academy and was drafted sixth overall by the Canucks in the 2014 NHL Entry Draft.

He also spent four seasons with the Western Hockey League’s Calgary Hitmen, producing 161 points in 192 games.

RELATED: Clams, Slurpees and maple syrup: Abbotsford man takes #ShotgunJake challenge to new heights

abbotsfordhockeyNHLvancouver canucks

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Flights are to resume to Prince Rupert and Sandspit airports under an Air Canada and federal government $5.9 billion agreement that was reached on April 12. A plane is seen through the window on the tarmac of Vancouver International Airport as the waiting room is empty Tuesday, June 9, 2020. (THE CANADIAN PRESS/Jonathan Hayward)
$5.879 billion agreement between Air Canada and Fed’s will assist YPR in re-opening

Prince Rupert Regional Airport to reopen flights by June 1st, if not earlier

BC Housing townhouses on Kootenay Ave. were demolished during March to make way for new affordable residential units by Prince Rupert Indigenous Housing Society. (Photo: K-J Millar/The Northern View)
Despite a recent reduction in units project will still be able to house many

Prince Rupert Indigenous Housing Society says 60 units is still the plan

Photo collage of loved ones lost to substance use and overdose. (Photo courtesy Moms Stop The Harm)
B.C. overdose deaths still rising 5 years after public health emergency declared

Moms Stop the Harm calls on B.C. to provide safe supply in response to deadly illicit drug use

Prince Rupert City Council approved the purchase of computer chipped recycling bins on April 12. A Penticton garbage truck lifts a new bin. (Western News photo)
Big Brother to help with the garbage – computer chipped recycling bins report your bylaw infractions

They report, but will they sort — recycle bins to cost Prince Rupert $564,850

Pembina Prince Rupert Terminal celebrated the opening of operations on April 12 in a virtual online ceremony with President and CEO Mick Dilger and Manager of Communications and Media Affair Tasha Cadotte commemorating the ribbon-cutting. (Photo: Supplied)
Pembina celebrates opening of operations in Prince Rupert

A virtual ribbon-cutting ceremony commemorates LPG export facility on Watson Island

Demonstrators at the legislature on April 14 called on the province to decriminalize drug possession and provide widespread access to regulated safe supply across B.C. (Jake Romphf/News Staff)
Rally calls for decriminalization, safe supply on 5th anniversary of overdose emergency declaration

From 2016 to the end of February, 7,072 British Columbians died due to overdose

(Government of Canada)
Liberal MP caught stark naked during House of Commons video conference

William Amos, in Quebec, appeared on the screens of his fellow members of Parliament completely naked

Provincial health officer Dr. Bonnie Henry updates B.C.’s COVID-19 situation at the B.C. legislature, Feb. 1, 2020. (B.C. government)
B.C.’s COVID-19 case count jumps to 1,168 Wednesday, nearly 400 in hospital

Now 120 coronavirus patients in intensive care, six more deaths

Moss covered branches are seen in the Avatar Old Growth Forest near Port Renfrew on Vancouver Island, B.C. Thursday, Sept. 29, 2011. THE CANADIAN PRESS/Jonathan Hayward
B.C. blockades aimed at protecting old-growth forests reveal First Nation split

Two Pacheedaht chiefs say they’re ‘concerned about the increasing polarization over forestry activities’ in the territory

Richmond RCMP Chief Superintendent Will Ng said, in March, the force received a stand-out number of seven reports of incidents that appeared to have “racial undertones.” (Phil McLachlan/Capital News)
‘Racially motivated’ incidents on the rise in B.C’s 4th largest city: police

Three incidents in Richmond are currently being invested as hate crimes, says RCMP Chief Superintendent Will Ng

Commercial trucks head south towards the Pacific Highway border crossing Wednesday (April 14, 2021). The union representing Canadian border officers wants its members to be included on the frontline priority list for the COVID-19 vaccine. (Aaron Hinks photo)
CBSA officers’ union calls for vaccine priority in B.C.

Border officers at ports including, YVR and land crossings should ‘not be left behind’

A still from the video taken of a violent arrest on May 30, 2020 in downtown Kelowna. (File)
Kelowna Mountie charged with assault for caught-on-camera violent arrest

Const. Siggy Pietrzak was filmed punching a suspected impaired driver at least 10 times during an arrest

A screenshot from a Nuu-chah-nulth healing song and performance created in collaboration between Hjalmer Wenstob and Timmy Masso. (Screenshot from YouTube)
VIDEO: Tla-o-qui-aht First Nation brothers produce COVID-19 healing song

Hjalmer Wenstob and Timmy Masso share dance and inspiration.

Most Read