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

(Pixabay photo)
Morning Start: Kentucky has more bourbon than people

Your morning start for Thursday, May 6, 2021

A woman wears a face mask and shield to curb the spread of COVID-19 while walking in North Vancouver, B.C., on Wednesday, January 6, 2021. THE CANADIAN PRESS/Darryl Dyck
57 new cases of COVID-19 in Interior Health region

Thirty people in the region are in hospital, 16 of whom are in intensive care

Grizzly bear. (File)
Malakwa man bitten by grizzly bear on dog walk

The man and dogs were not seriously injured

The downtown kiosks were recently painted black. Tourism Revelstoke said decals still need to be added and information inside the kiosks will also be updated. The city said the black paint is temporary as the area is slotted to be completely revamped in the coming years. (Liam Harrap - Revelstoke Review)
Newly painted black Revelstoke kiosks temporary fix; city

The recent colour changed caused an uproar on Facebook

Protesters attempt to stop clear-cutting of old-growth trees in Fairy Creek near Port Renfrew. (Will O���Connell photo)
VIDEO: Workers, activists clash at site of Vancouver Island logging operation

Forest license holders asking for independent investigation into incident

Photo: Kathleen Saylors
West Kootenay city votes down motion to support Penticton in paramountcy battle

Grand Forks city coun. Neil Krog insisted Penticton’s issue with Victoria is about city bylaws, not homelessness

A black bear made a visit to downtown Vancouver Tuesday, May 4. The animal was spotted on train tracks in Gastown shortly after at 2:30 p.m. (Twitter/Craig Minielly)
VIDEO: Black bear spotted meandering around downtown Vancouver

The bear was reportedly tranquilized by conservation officers Tuesday afternoon

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Southbound traffic was reduced to single lane on Highway 97 as a vehicle involved in a collision was being retrieved by a tow truck on Thursday morning, May 6, 2021. (Jennifer Smith-Vernon Morning Star)
Collision causing delays on Highway 97 near Vernon

Southbound traffic reduced to single lane

Flow Academy is located at 1511 Sutherland Avenue in Kelowna. (Michael Rodriguez/Capital News)
Interior Health locks out Kelowna martial arts gym following COVID violations

Actions were taken after all other steps to gain compliance were exhausted, says health authority

A man who allegedly spat at and yelled racial slurs at an Asian family was arrested for hate-motivated assault Tuesday. (Black Press Media file photo)
Arrest made after man spits, yells anti-Asian racial slurs at Victoria mom and kids

The man was arrested for hate-motivated assault near Quadra Elementary School Tuesday

A lady wears a vaccinated sticker after receiving a COVID-19 vaccine at a vaccination clinic run by Vancouver Coastal Health, in Richmond, B.C., Saturday, April 10, 2021. THE CANADIAN PRESS/Jonathan Hayward
Canada may find it challenging to reach herd immunity from COVID-19, experts say

Level of immunity among the population changes with the variants, especially the more transmissible strains

B.C.’s provincial health officer, Dr. Bonnie Henry. THE CANADIAN PRESS/Jonathan Hayward
Dip in COVID-19 cases with 572 newly announced in B.C.

No new deaths have been reported but hospitalized patients are up to 481, with 161 being treated in intensive care

Most Read