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

Bhagwan Mayer. (Photo submitted)
Organizer of transporting the World’s Largest Hockey Stick to Cowichan remembered

Bhagwan Mayer a “hard-working fellow who cared about his community.”

Paula Foot narrates a collection of stories to appeal to the imaginations of the young and young at heart with a new album​ ‘Moments with Miss Paula: Stories for Fall and Winter’. (Submitted)
New album of stories from Cowichan storyteller offers children a world of magic

The stories will appeal to six-, seven-, and eight-year-olds

The VIJHL's Kerry Park Islanders' games have been cancelled due to COVID-19.
Isles victorious before league shutdown

The Kerry Park Islanders were able to sneak in one last game… Continue reading

Lake Cowichan’s Oliver Finlayson, second from left, and his family — including grandma Marnie Mattice, sister Avery, mom Amie Mattice and dad Blair Finlayson — were all smiles on Nov. 16 when their pool arrived, thanks to lots of fundraising and the generosity of the Cowichan Lake community. (Kevin Rothbauer/Citizen)
Cowichan Lake community comes together to help family get vital pool

Oliver Finlayson, 9, has Duchenne muscular dystrophy and hydrotherapy is a big help

A woman wears a protective face covering to help prevent the spread of COVID-19 as she walks along the seawall in North Vancouver Wednesday, November 25, 2020.THE CANADIAN PRESS/Jonathan Hayward
911 new COVID-19 cases, 11 deaths as B.C. sees deadliest week since pandemic began

Hospitalizations reach more than 300 across the province

Black Press Media and BraveFace have come together to support children facing life-threatening conditions. Net proceeds from these washable, reusable, three-layer masks go to Make-A-Wish Foundation BC & Yukon.
Put on a BraveFace: Help make children’s wishes come true

Black Press Media, BraveFace host mask fundraiser for Make-A-Wish Foundation

A photo from 2017, of Nuchatlaht First Nation members outside court after filing a land title case in B.C. ( Submitted photo/Nuchatlaht First Nation).
Vancouver Island First Nation calls on B.C. to honour UNDRIP in historic title case

Nuchatlaht First Nation says Crown counsel continues to stall the case using the ‘distasteful’ argument that the Nation ‘abandoned’ their land

West Vancouver Island’s Ehattesaht First Nation continues lock down after 9 active cases were reported today after a visitor tested positive last week. (Ehattesaht First Nation/Facebook)
Ehattesaht First Nation’s COVID-19 nightmare: nine active cases, a storm and a power outage

The Vancouver Island First Nation in a lockdown since the first case was reported last week

The Ahousaht First Nation confirmed its first case of COVID-19 on Nov. 26, 2020. (Westerly file photo)
Ahousaht First Nation on lockdown over COVID-19

“Emotions are high. The anxiety is high. We want our community to pull through.”

Screenshot of Pastor James Butler giving a sermon at Free Grace Baptist Church in Chilliwack on Nov. 22, 2020. The church has decided to continue in-person services despite a public health order banning worship services that was issued on Nov. 19, 2020. (YouTube)
2 Lower Mainland churches continue in-person services despite public health orders

Pastors say faith groups are unfairly targeted and that charter rights protect their decisions

A big job: Former forests minister Doug Donaldson stands before a 500-year-old Douglas fir in Saanich to announce preservation of some of B.C.’s oldest trees, July 2019. (B.C. government)
B.C. returning to ‘stand-alone’ forests, rural development ministry

Horgan says Gordon Campbell’s super-ministry doesn’t work

Penny Hart is emotional outside the Saanich Police Department as she pleads for helpt to find her son Sean Hart last seen Nov. 6 at a health institution in Saanich. (Devon Bidal/News Staff)
VIDEO: Mother of missing Saanich man begs public to help find her son

Sean Hart last seen leaving Saanich mental health facility Nov. 6

Most Read