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Teams With Adequate Draft Capital To Tender Offer Sheets

July 7, 2025 at 11:42 am CDT | by Josh Erickson 4 Comments

Yesterday, we examined players who are still technically eligible to receive and sign offer sheets this summer. That list has decreased by a few names in the last 24 hours, thanks to a pair of team-elected arbitration cases and one re-signing, but there are still many names who could be targets.

Now, it’s a good time to look at the teams that can realistically tender an offer sheet. The required compensation for each tier is below. Each team must have its own draft pick to satisfy the requirement – if a club acquires a different team’s draft choice for the round in question, that can’t be used for an offer sheet. Teams can reacquire their own picks via trade to facilitate an offer sheet. The Ducks, Flames, Blackhawks, Red Wings and Penguins are the only clubs with enough draft picks and cap space to offer-sheet an RFA at every salary/AAV tier.

$1,544,425 – $2,340,037: 2026 third-round pick

Able: ANA, BOS, BUF, CGY, CHI, CBJ, DET, LAK, MIN, NSH, NJD, NYI, OTT, PHI, PIT, TOR, UTA, WPG

Able, but not enough cap space: EDM, MTL, NYR, STL, TBL, VGK

Unable: CAR, COL, DAL, FLA, SJS, SEA, VAN, WSH

$2,340,038 – $4,680,076: 2026 second-round pick

Able: ANA, CGY, CHI, DET, LAK, NSH, NJD, PHI, PIT, SJS, SEA, UTA

Able, but not enough cap space: BOS, DAL, EDM, FLA, MTL, TBL, VAN, VGK

Unable: BUF, CAR, COL, CBJ, MIN, NYI, NYR, OTT, STL, TOR, WSH, WPG

$4,680,077 – $7,020,113: 2026 first-round pick, 2026 third-round pick

Able: ANA, BUF, CGY, CHI, CBJ, DET, LAK, MIN, NSH, NJD, PIT, UTA, WPG

Able, but not enough cap space: BOS, MTL, NYI, NYR, PHI, STL

Unable: CAR, COL, DAL, EDM, FLA, OTT, SJS, SEA, TBL, TOR, VAN, VGK, WSH

$7,020,114 – $9,360,153: 2026 first-round pick, 2026 second-round pick, 2026 third-round pick

Able: ANA, CGY, CHI, DET, NSH, PIT, UTA

Able, but not enough cap space: BOS, LAK, MTL, NJD, PHI

Unable: BUF, CAR, COL, CBJ, DAL, EDM, FLA, MIN, NYI, NYR, OTT, SJS, SEA, STL, TBL, TOR, VAN, VGK, WSH, WPG

$9,360,154 – $11,700,192: Two first-rounders between 2026 and 2028, 2026 second-round pick, 2026 third-round pick

Able: ANA, CGY, CHI, DET, NSH, PIT, UTA

Able, but not enough cap space: BOS, EDM, LAK, MTL, NJD, PHI, VGK

Unable: BUF, CAR, COL, CBJ, DAL, FLA, MIN, NYI, NYR, OTT, SJS, SEA, STL, TBL, TOR, VAN, WSH, WPG

≥$11,700,193: Four first-rounders between 2026 and 2030

Able: ANA, BUF, CGY, CHI, CBJ, DET, PIT, SJS, WPG

Able, but not enough cap space: BOS, CAR, COL, EDM, LAK, MIN, MTL, NSH, NJD, NYI, NYR, OTT, PHI, SEA, STL, UTA, VAN, VGK, WSH

Unable: DAL, FLA, TBL, TOR

Cap space figures from PuckPedia.

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View Comments (4)

Comments

  1. retsubllab

    2 months ago

    Sorry Josh, but the article contains numerous mistakes. You’re mixing absolute and minimum compensation requirements. Nine teams are able to offer sheet at all levels.

    Reply
    • Josh Erickson

      2 months ago

      Thanks. Edited the final two compensation tiers to accurately reflect the potential variability w/ the first-round picks… does not change that those teams do not have the cap space at present to fit an offer sheet in that tier.

      1
      Reply
  2. Fargo Chipper

    2 months ago

    The off-off-season has officially begun. Thanks for sticking around Josh.

    Reply
  3. highflyballintorightfield

    1 month ago

    Thanks for this!

    Reply

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