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Five Key Stories: 7/21/25 – 7/27/25

July 27, 2025 at 9:00 pm CDT | by Brian La Rose Leave a Comment

While the quiet part of the NHL offseason is well underway, there was still some notable news around the NHL, especially on the contract front with several deals being featured in our key stories.

Three For Kakko: Kraken winger Kaapo Kakko was the first of the scheduled salary arbitration hearings but it didn’t get that far.  Instead, the two sides worked out a three-year contract that carries a cap hit of $4.525MM per season.  Seattle acquired the 24-year-old midseason from the Rangers and the change of scenery gave him a boost as he had 30 points in 49 games down the stretch, propelling him to a career-high 44 points for the season.  The contract gives Kakko a raise of more than $2MM per season while Seattle gets two extra years of club control, a sign that they feel he could be part of the longer-term solution moving forward.

Not Guilty Verdicts: More than three months after their trial began after being charged in connection with sexual assault, Carter Hart, Michael McLeod, Dillon Dube, Alex Formenton, and Cal Foote were all found not guilty by Justice Maria Carroccia in London, Ontario.  The allegations became public back in 2022 with charges being laid in January 2024; none of those players have played in the NHL since then.  They won’t be eligible to return right away either as the league indicated that they will be “reviewing and considering the judge’s findings” to determine next steps.  The NHLPA has already indicated that they are addressing this with the league, citing that the NHL’s declaration is inconsistent with the discipline procedures set forth in the CBA.

Blake Gets Eight: Hurricanes winger Jackson Blake had a solid rookie season, notching 17 goals and 17 assists in 80 games during the regular season.  Management clearly feels that he’s a part of the long-term plans, as they signed him to an eight-year, $45MM contract extension that will begin in 2026-27.  While the normal AAV of that deal would be $5.625MM, the deal has $15.9MM in deferred signing bonus payments that won’t be paid until the day after the contract expires, July 1, 2034.  In doing so, the AAV and cap charge is lowered to $5.117MM.  Deferred compensation contracts have been outlawed in the CBA extension but until that kicks in (in mid-September 2026), they’re fully legal; it’s now the third such contract on Carolina’s books, joining Jaccob Slavin and Seth Jarvis.

Zacha In Play? Center help has been something that many teams are seeking but few options have been available.  It’s possible that the Bruins could have one, however, following a report from David Pagnotta of The Fourth Period who notes that Boston is mulling the possibility of moving Pavel Zacha.  The 28-year-old is coming off a small dip in production, notching 14 goals and 33 assists last season after tallying 57 and 59 points in the previous two seasons.  However, he has been above average on draws in four of the last five years, has had his three best offensive years in the last three seasons, and is signed at a reasonable $4.75MM through the 2026-27 season.  If the Bruins do make him available, they should be able to generate strong interest in his services.

More Arbitration Settlements: More players reached contract settlements before the arbitration submission process began.  The Islanders agreed to a two-year, $4.5MM contract with winger Maxim Tsyplakov after a solid rookie year that saw him record 10 goals and 25 assists along with 140 hits.  Meanwhile, Arvid Soderblom’s bounce-back year with Chicago last season earned him a two-year, $5.5MM pact.  He put up a 3.18 GAA and a .898 SV% last season, a significant improvement on his 2023-24 numbers.  Lastly, new Sabres defenseman Conor Timmins received a two-year, $4.4MM contract.  He split last season between Toronto and Pittsburgh, picking up 15 points in 68 games and was acquired from the Penguins on the second day of the draft.  All three players will be unrestricted free agents when these deals expire in 2027.

Photo courtesy of Wendell Cruz-Imagn Images.

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NHL Week In Review

Minor Transactions: 7/27/25
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