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

Maple Ridge City Hall. (The News files)
Maple Ridge takes development services virtual

Building, planning and engineering services will be offered online only until end of the month

Thousands have converged in Whonnock Lake Park to enjoy the nice weather. (Roxanne Hooper/The News)
Thousands enjoy Maple Ridge park as city warns about social distancing

Portable toilets installed in anticipation of nice weather

COVID-19. (Image courtesy CDC)
Two new Maple Ridge schools have COVID-19 exposures

Alouette elementary and Maple Ridge secondary visited by virus

Ridge Meadows RCMP Const. Britteny George and Westview students turned old tires into pet beds. (Special to The News)
Maple Ridge students help turn old tires into pet beds

Westview art classes and RCMP constable take on project

Maple Ridge-Pitt Meadows Conservative MP Marc Dalton and former MP and Liberal candidate Dan Ruimy.
Dalton slams budget, Ruimy defends Liberal spending

Neither politician sees federal budget triggering an election

A lone traveler enters the Calgary Airport in Calgary, Alta., Monday, Feb. 22, 2021. THE CANADIAN PRESS/Jeff McIntosh
VIDEO: Trudeau defends Canada’s travel restrictions as effective but open to doing more

Trudeau said quarantine hotels for international air travellers will continue until at least May 21

B.C. Finance Minister Selina Robinson leaves the assembly with Premier John Horgan after the budget speech Tuesday, April 20, 2021. THE CANADIAN PRESS/Chad Hipolito
Paid sick leave for ‘hard-hit’ workers left out of provincial budget: BCGEU

‘For recovery to be equitable it requires supports for workers, not just business,’ says union president Laird Cronk

A large crowd protested against COVID-19 measures at Sunset Beach in Vancouver on Tuesday, April 20, 2021. (Snapchat)
VIDEO: Large, police-patrolled crowds gather at Vancouver beach for COVID protests

Vancouver police said they patrolled the area and monitored all gatherings

In this image from video, former Minneapolis police Officer Derek Chauvin, center, is taken into custody as his attorney, Eric Nelson, left, looks on, after the verdicts were read at Chauvin’s trial for the 2020 death of George Floyd, Tuesday, April 20, 2021, at the Hennepin County Courthouse in Minneapolis, Minn. THE CANADIAN PRESS/Court TV via AP, Pool
George Floyd’s death was ‘wake-up call’ about systemic racism: Trudeau

Derek Chauvin was found guilty Tuesday on all three charges against him

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Former University of Victoria rowing coach Barney Williams is photographed in the stands during the Greater Victoria Invitational at CARSA Performance Gym at the University of Victoria in Victoria, B.C., on Friday, November 29, 2019. THE CANADIAN PRESS/Chad Hipolito
Rowing Canada sanctions former head coach of B.C. varsity women’s team

Suspension of Barney Williams would be reversed if he complies with certain terms

A man pauses at a coffin after carrying it during a memorial march to remember victims of overdose deaths in Vancouver. THE CANADIAN PRESS/Darryl Dyck
B.C. announces historic half-billion-dollar funding for overdose crisis, mental health

Of it, $152 million will be used to address the opioid crisis and see the creation of 195 new substance use treatment beds

Most Read