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PHR Live Chat Trasncript: Free Agency 2025

July 1, 2025 at 7:57 am CDT | by Josh Erickson Leave a Comment

View the transcript from Josh Erickson’s pre-free agency live chat at this link.

Live Chats

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List Of Players Not Receiving A 2025 Qualifying Offer

June 30, 2025 at 9:33 pm CDT | by Josh Erickson 27 Comments

The deadline to issue a qualifying offer to pending restricted free agents is today at 4:00 p.m. CT, making any player who has not received one eligible to become an unrestricted free agent on Tuesday. Below are the players who will not be issued a qualifying offer:

(this list will be updated as reports continue to come in)

[Related: 2025 Free Agents]

[Related: How Do Qualifying Offers Work?]

Anaheim Ducks 

F Brett Leason, F Josh Lopina, F Isac Lundeström

Boston Bruins 

F Trevor Kuntar, F Jakub Lauko, F Jaxon Nelson, F Oliver Wahlstrom, D Drew Bavaro, D Daniil Misyul, D Ian Mitchell

Buffalo Sabres 

F Alexander Kisakov, F Bennett MacArthur, F Tyler Tullio, D Jacob Bernard-Docker

Calgary Flames 

G Waltteri Ignatjew, G Connor Murphy

Carolina Hurricanes 

D Anttoni Honka, D Ty Smith, G Yaniv Perets

Chicago Blackhawks 

F Cole Guttman, F Philipp Kurashev, F Jalen Luypen, F Aku Raty, F Antti Saarela

Colorado Avalanche

F William Dufour, F Jean-Luc Foudy, D John Ludvig, G Kevin Mandolese

Columbus Blue Jackets 

D Ole Julian Bjørgvik-Holm, D Cole Clayton, D Jordan Harris, D Samuel Knazko

Dallas Stars 

None

Detroit Red Wings

G Gage Alexander, F Cross Hanas

Edmonton Oilers

F Jacob Perreault, G Olivier Rodrigue, F Cameron Wright

Florida Panthers

D Nathan Staios, D Zachary Uens

Los Angeles Kings

D Cole Krygier, F Jack Studnicka

Minnesota Wild 

F Graeme Clarke, F Adam Raska, F Luke Toporowski, D Ryan O’Rourke

Montreal Canadiens 

F Rafaël Harvey-Pinard, F Xavier Simoneau, D Gustav Lindström, D Noel Hoefenmayer

Nashville Predators 

F Jordan Frasca, F Ondrej Pavel, F Jesse Ylönen, D Luke Prokop

New Jersey Devils 

F Nolan Foote, D Santeri Hatakka, G Isaac Poulter

New York Islanders

D Samuel Bolduc, D Aidan Fulp, D Scott Perunovich

New York Rangers

F Lucas Edmonds, F Arthur Kaliyev, F Jake Leschyshyn, D Zachary Jones

Ottawa Senators 

F Philippe Daoust, F Jamieson Rees, F Tristen Robins

Philadelphia Flyers 

F Elliot Desnoyers, F Jakob Pelletier, F Zayde Wisdom

Pittsburgh Penguins 

F Raivis Ansons, F Emil Bemström, F Connor Dewar, F Philip Tomasino, D Pierre-Olivier Joseph, G Taylor Gauthier

San Jose Sharks

F Carl Berglund, F Nolan Burke, F Brandon Coe, F Noah Gregor, F Klim Kostin, F Nikolai Kovalenko, G Georgi Romanov, F Mitchell Russell

Seattle Kraken 

D Peetro Seppala

St. Louis Blues

F Tanner Dickinson, D Anton Malmstrom

Tampa Bay Lightning

F Jaydon Dureau, F Gage Goncalves, F Ryder Korczak

Toronto Maple Leafs

F Pontus Holmberg, F Reese Johnson, F Cedric Pare, D Mikko Kokkonen

Utah Mammoth 

F Kailer Yamamoto

Vancouver Canucks 

F Ty Glover, F Tristen Nielsen, D Christian Felton, D Cole McWard

Vegas Golden Knights 

G Isaiah Saville

Washington Capitals

F Pierrick Dube, D Alexander Alexeyev, G Mitchell Gibson

Winnipeg Jets 

F Mason Shaw, D Simon Lundmark

2025 Free Agency| Newsstand| Transactions

27 comments

Alex Pietrangelo Expected To Miss 2025-26 Season

June 30, 2025 at 7:25 pm CDT | by Josh Erickson 50 Comments

Monday: The Golden Knights have released statements from Pietrangelo and GM Kelly McCrimmon.  While stopping short of announcing it officially, it would appear as if Pietrangelo’s playing days may very well be over.

Pietrangelo:

The past few years have been very challenging on my physical well-being, and I am in a difficult position with my overall playing health. After exploring options with doctors as well as my family, it’s been advised to remove the intensity of hockey to see if my body can improve so that I can return to a normal quality of life. This decision has been difficult to come to terms with after the last 17 years of competition and the camaraderie with my teammates and coaches. The likelihood is low that my body will recover to the standard required to play, but I know this is the right decision for me and my family.

McCrimmon:

Alex has our organization’s full support in prioritizing his long-term health and quality of life. Alex is dealing with hips that would require bilateral femur reconstruction, with no guarantee of success. Throughout the season, the steps that Alex needed to take to be able to play and practice began to grow and take a significant toll on his body. Our hope in February during the NHL’s break for the 4 Nations Face-Off was to give Alex treatment and rest to help provide relief, but instead, what we found were diminished positive results and a process that is no longer sustainable moving forward. Alex has given everything to the game and to the Golden Knights and has played through significant challenges in the pursuit of trying to win another Stanley Cup in Vegas. He is one of the most respected players in the league, not only for his elite talent but for his character, leadership, competitiveness, and professionalism. Today’s decision is a difficult one for both Alex and the Golden Knights, but it is being made for the right reasons – so that Alex can be the family man we all know him to be.

Sunday: After weeks of speculation, it’s looking more like Golden Knights defenseman Alex Pietrangelo won’t be available next season. He’s in line for “multiple major surgeries” this offseason that will go so far as to jeopardize his career, David Pagnotta of The Fourth Period reports.

The news comes just days after general manager Kelly McCrimmon spoke after the draft on Pietrangelo’s future. When asked whether or not Pietrangelo would be healthy enough to play next season, McCrimmon said it was something that still needed to be sorted out.

“We’re going to know more on that in the coming days. Alex and I have had a number of discussions. There are a number of decisions that need to be made. When I spoke earlier about having a number of things that need clarity, that would be one of them,” he said.

As rumors continue to intensify linking pending free agent Mitch Marner with the Golden Knights, Vegas now seemingly also faces the challenge of replacing Pietrangelo’s leadership and production. But moving Pietrangelo to long-term injured reserve before the start of free agency may free up the space the team needs to sign Marner, as outlined by Danny Webster of Las Vegas Review-Journal. Pietrangelo has two years remaining on his $8.8MM AAV deal, and the Knights currently have just $5.615MM in cap space, per PuckPedia.

Pietrangelo, 35, appeared in 71 games for the Golden Knights last season, posting four goals, 33 points, and a plus-11 rating. While he missed 11 games on the year and opted out of the Four Nations Faceoff due to injury, Pietrangelo averaged over 22:24 of ice time per game on the year, showcasing his ability to log meaningful minutes when healthy. The two-time Stanley Cup winner has produced 637 points throughout his 17-year career.

PHR’s Paul Griser contributed significantly to this article.

Injury| Newsstand| Vegas Golden Knights Alex Pietrangelo

50 comments

Panthers Sign Aaron Ekblad To Max-Term Extension

June 30, 2025 at 6:35 pm CDT | by Josh Erickson 41 Comments

6:35 p.m.: Florida has announced Ekblad’s new eight-year contract.

2:15 p.m.: The Panthers and defenseman Aaron Ekblad have made significant progress on a long-term extension to keep him away from the free agent market tomorrow, TSN’s Bob McKenzie reports. It will be an eight-year deal worth around $48.8MM for a cap hit of $6.1MM, according to Elliotte Friedman of Sportsnet.  PuckPedia reports the deal contains a full no-move clause for the first six years and a 16-team no-trade in the other two and breaks down as follows:

2025-26 to 2027-28: $1MM salary, $6.9MM signing bonus
2028-29: $1MM salary, $5.14MM signing bonus
2029-30 to 2032-33: $1MM salary, $3.74MM signing bonus 

Florida’s commitment to Ekblad, who would have been the top defenseman on the market had he tested free agency, comes after months of hesitancy to dole out a long-term commitment. Now, GM Bill Zito has acquiesced and will give Ekblad the long-term stability he desired with a significant discount on the cap hit he could have landed as a UFA, which McKenzie says could have been as high as $9MM.

The lifelong Panther gets to stay in Florida, who made clear during their run to their second straight Stanley Cup championship that he never wanted to leave. Their 2014 first overall pick set the club’s franchise record for games played and points by a defenseman several years ago, scoring 380 points with a +96 rating in 732 games in a Florida uniform over the past 11 years.

He could very well only end up signing three NHL contracts – his entry-level deal, the eight-year, $60MM extension he signed in 2016, and this one. While no doubt a top-pairing threat now coming in at a significant discount on his previous cap hit of $7.5MM, his injury history was always the holdup in signing him to a long-term deal. The Panthers felt that was a steep enough discount to quell their concerns, while Ekblad was willing to take nearly a 33% cut on his market value to land as much stability as possible.

Although Ekblad hasn’t played a full 82-game schedule since 2018-19 and has only hit the 70-game mark once since then, he did have a mostly healthy 2024-25 campaign that was truncated by a late-season suspension for PEDs. He still finished the season with a 3-30–33 scoring line in 56 games, along with a +11 rating. His 23:31 average time on ice was his most in three years, bolstered by an increase in power-play time in the wake of Oliver Ekman-Larsson and Brandon Montour’s departures in free agency last year, which also played a role in his offensive resurgence. His 0.59 points per game in 2024-25 were the fourth-highest mark of his career.

Ekblad was also spectacular in the postseason, posting 13 points and a +10 rating in 19 games. That was his highest point total in any of Florida’s three straight runs to the Stanley Cup Final.

The 29-year-old will now reprise his role alongside Gustav Forsling for the foreseeable future as one of the best two-way pairs in the league. The duo logged 870 minutes together in the regular season and controlled 54.6% of expected goals while doing so, per MoneyPuck. He also forms one of the best one-two punches among right-shot D in the league with in-season acquisition Seth Jones. The trio of Florida’s top three defensemen is now under contract through 2029-30 (when Jones’ deal expires) at a combined cap hit of just $18.85MM – extremely good value that sets the Panthers up to continue having the flexibility to maintain a championship-contending roster.

Florida now has $4.9MM in cap space remaining with five roster spots to fill, per PuckPedia. That rules out an extension for their other highly notable UFA, winger Brad Marchand, at first glance, but they can get creative. They certainly won’t be able to match high-priced multi-year offers without offloading a salary or two, but could offer Marchand, who’s eligible for a bonus-laden one-year deal because of his age, a low base salary with easily achievable performance bonuses. That would allow them to initially be cap compliant with him, but if those bonuses are achieved and exceed the cap, Florida would be hit with a hefty penalty for 2026-27.

Image courtesy of Wendell Cruz-Imagn Images.

Florida Panthers| Newsstand| Transactions Aaron Ekblad

41 comments

Senators Sign Leevi Merilainen To One-Year Extension

June 30, 2025 at 4:55 pm CDT | by Josh Erickson 1 Comment

The Senators agreed to a one-year, $1.05MM contract extension with goaltender Leevi Merilainen before today’s qualifying offer deadline, the team said.

Although it doesn’t completely shut the door, the new one-way contract for Merilainen likely spells the end of Anton Forsberg’s tenure with the Senators. Still, given Merilainen’s performance in limited action past season, and with Ottawa technically saving some money on the swap, the move could work out well for the Senators.

Merilainen has had respectable seasons in the Finnish Liiga and AHL, but he truly began knocking on the door this past season. Earning the starting nod for the Senators’ AHL affiliate, the Belleville Senators, Merilainen finished the campaign with an 18-12-7 record in 37 games, a .913 SV%, 2.37 GAA, and four shutouts. Unfortunately, it wasn’t enough to backstop the baby Senators to the 2025 Calder Cup playoffs, but that was largely because Merilainen missed a handful of games when he was rostered in the NHL.

He made sure to make a statement in his NHL games, too. Impressively, Merilainen finished the season with an 8-3-1 record with Ottawa, managing a .925 SV% and 1.99 GAA, along with 7.5 Goals Saved Above Average. There is some room for pause, given that only three of those wins were against postseason-bound teams. Still, Merilainen stopped 24 out of 26 shots for a win against the Dallas Stars on January 12th, and took the Presidents’ Trophy-winning Washington Capitals to overtime after holding them scoreless through three periods.

Ottawa will likely give Merilainen every opportunity to win the backup role in training camp. If the Senators are unable to reach a new agreement with Forsberg, it would be wise for the team to consider acquiring a reliable third-string option later in the offseason. This would provide insurance in case Merilainen struggles at the beginning of the season.

Ottawa Senators| Transactions Leevi Merilainen

1 comment

Maple Leafs Sign Steven Lorentz To Three-Year Extension

June 30, 2025 at 4:52 pm CDT | by Josh Erickson 8 Comments

The Maple Leafs announced they’ve kept forward Steven Lorentz away from the open market on a three-year, $4.05MM contract. He’ll carry a $1.35MM cap hit through the 2027-28 campaign.

The move represents a nice raise for the 29-year-old who spent this past season on a one-year contract worth the league minimum of $775K.  That came on the heels of an underwhelming year with Florida where Lorentz managed just one goal and two assists in 38 games during the regular season although he did see action in 16 playoff contests that year.

Things went better for Lorentz with his hometown team, however.  He got into 80 games with Toronto and collected eight goals and 11 assists, enough to tie his career high in points with 19 while blowing past his previous benchmark in hits with 199.  He also saw some secondary action on the penalty kill, resulting in his average ice time jumping up past the 10-minute mark per game.  Lorentz was a regular in the lineup for the Maple Leafs in the playoffs, notching a pair of assists and a little over three hits per game.

Clearly earning the trust of head coach Craig Berube, Lorentz has established himself as a trustworthy fourth liner in Toronto’s lineup and has earned himself some desired stability which was enough to keep him away from testing the open market on Tuesday.

PHR’s Brian La Rose also contributed to this article.

Toronto Maple Leafs| Transactions Steven Lorentz

8 comments

Avalanche Re-Sign Trent Miner To Two-Year Deal

June 30, 2025 at 1:59 pm CDT | by Josh Erickson Leave a Comment

The Avalanche have re-upped depth netminder Trent Miner on a two-year deal, per a team announcement. Although financial details weren’t disclosed in Colorado’s announcement, Miner likely only commanded a league-minimum salary on both years of the deal, given the Avalanche already has their tandem squared away for next season.

The Brandon, Manitoba, native made an unexpected debut in the NHL this past season. Due to injuries and significantly poor play at the beginning of the season, Colorado utilized six different netminders last year. Still, Miner only registered two games, managing a 0-1-0 record with a .879 SV% and 2.62 GAA.

Given their lack of depth and available capital to spend, it would make sense for Miner to start the year as the Avalanche’s third-string option. Ilya Nabokov is a more talented goalie, but Colorado has decided he will spend another year with Metallurg Magnitogorsk in the KHL, making Miner the top available option for the AHL’s Colorado Eagles.

Still, given Miner’s performance with the Eagles last year, Nabokov may not have been given the starting gig to start the campaign. In his first full year as the team’s starting goaltender, Miner managed a 22-10-9 record in 38 games for the AHL Eagles, with a .918 SV%, 2.12 GAA, and three shutouts. He did everything he could to deepen the Eagles’ playoff run, earning a 5-4-0 record in nine postseason contests with a .925 SV% and 2.15 GAA.

In any other year, Miner might not have been given the backup role, but he would at least have had the chance to try out for the position during training camp. Unfortunately for Miner, there’s no legitimate argument to put him over Scott Wedgewood to begin the 2025-26 campaign, leaving him as the next best available option.

Colorado Avalanche| Transactions Trent Miner

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Red Wings Re-Sign Albert Johansson To Two-Year Deal

June 30, 2025 at 1:33 pm CDT | by Josh Erickson 2 Comments

The Red Wings announced Monday they’ve signed defenseman Albert Johansson to a two-year, $2.25MM contract worth $1.125MM per season. He was set to be an RFA tomorrow. PuckPedia reports he’ll earn $1.1MM base salary in 2025-26 and $1.15MM in 2026-27, giving him a $1.15MM qualifying offer as an RFA upon expiry in 2027.

Detroit was essentially forced into giving Johansson, a 2019 second-round pick, a roster spot this season to avoid the risk of losing him on waivers. This past season was his third in North America, spending all of 2022-23 and 2023-24 on assignment to AHL Grand Rapids. After posting 36 points in 119 games there, the Wings deemed the mobile Swede’s game valuable enough to warrant an NHL audition.

Johansson ended up getting plenty of reps as the Wings rotated him in with struggling veterans like Erik Gustafsson, Justin Holl, and Jeff Petry. The 6’0″ lefty made 61 appearances in his rookie season, scoring three goals and nine points with a -11 rating while averaging 16:22 per game. His possession impacts raise some cause for concern, combined with that rating. Despite seeing semi-advantageous offensive deployment at even strength, Detroit only controlled 48.0% of shot attempts and 45.5% of expected goals with Johansson on the ice.

He’s still only 24 with room to grow, though. Assuming the Wings add at least one name on the blue line, he’ll continue to serve as a No. 6/7 option next season at an affordable price tag. If he can really force his way ahead of Gustafsson and Holl on the depth chart, he might be able to force a waiver placement for one of the vets. Detroit has done so successfully before with Holl, who still carries a $3.4MM cap hit through next season.

It appears to be a fair contract for both the player and the team, at least. Despite the lack of scoring and strong possession metrics, Johansson’s usage alone earned him a bump on his previous league-minimum salary. Still, if he doesn’t take a significant step forward in 2025-26, there’s no legitimate risk on the Red Wings’ side.

Detroit Red Wings| Transactions Albert Johansson

2 comments

Islanders Sign Alexander Romanov To Eight-Year Extension

June 30, 2025 at 12:37 pm CDT | by Josh Erickson 12 Comments

The Islanders are signing RFA defenseman Alexander Romanov to an eight-year, $50MM extension, PuckPedia reports. The deal will carry a cap hit of $6.25MM. The team has since confirmed the deal. He receives no-move protection from 2026-27 through 2029-30 and a 16-team no-trade list from 2029-30 through 2032-33 as part of the deal, per PuckPedia.

Romanov, 25, lands his big payday after taking a three-year, $7.5MM bridge deal from the Isles in 2022. That decision worked out well for him, and he’ll now be one of the team’s most well-compensated defenders through the expiry of his deal following the 2032-33 season.

The 6’1″ lefty has panned out nicely since the Islanders paid a steep acquisition price to land him from the Canadiens at the 2022 draft, parting ways with a pick that was flipped to the Blackhawks for Frank Nazar. He’s coming off his best NHL season yet. While injuries limited him to 64 games, he still produced 20 points for a career-best 0.31 per-game rate and averaged a career-high 22:18 per game.

Romanov always projected as a stout defensive presence; whether he would avoid being too much of an offensive liability to deploy in a top-four role was always the question with his ceiling. He’s answered it now, fitting well in transition despite never being a big-time point producer in his own right. His possession metrics haven’t been particularly impactful one way or another, considering his slightly defensively-oriented deployment, but he’s shown legitimate minute-munching ability while also generating over 200 shot attempts in each of the last four years. He’s also one of the league’s most physically involved defenders, recording 100-plus hits and blocks every year since 2021-22.

There will be a bit of sticker shock on that $6.25MM price tag for a defenseman with an offensive skill set as simple as Romanov’s. Considering the recent comparables set by extensions in the $5MM range for Kevin Bahl and Nicolas Hague, though, it comes across as fair value.

He’ll be a long-term anchor for the Islanders’ left side that still includes Adam Pelech and gained Matthew Schaefer with the first overall pick in last week’s draft. The team has $14.7MM in cap space left this summer with Emil Heineman, Simon Holmstrom, and Maxim Tsyplakov among its notable RFAs still to sign.

Image courtesy of Charles LeClaire-Imagn Images.

New York Islanders| Newsstand| Transactions Alexander Romanov

12 comments

Canucks Re-Sign Four Players

June 30, 2025 at 12:31 pm CDT | by Josh Erickson 1 Comment

The Canucks have re-upped depth center Max Sasson on a one-year, one-way contract worth $775,000, per PuckPedia. The deal was first announced by his agent, Gold Star Hockey’s Dan Milstein. The team also announced they’ve agreed to terms with winger Arshdeep Bains on a two-year deal to keep him off the RFA market. It’s a two-way deal in 2025-26 before changing to a one-way deal in 2026-27, per PuckPedia. Additionally, the Canucks announced a two-way contract for defenseman Guillaume Brisebois for 2025-26. Center Aatu Räty has also signed a two-year, one-way extension worth $775,000 per year, PuckPedia reports.

Of the group, the three forwards have the greatest chance of being on next season’s opening night roster. One-way commitments out of the gate to Räty and Sasson indicate Vancouver anticipates both making the jump to full-time NHL duties to help shoulder the likely loss of pending free agents Brock Boeser and Pius Suter tomorrow.

Räty, 22, is the most important player of the group. The Canucks evidently recognize that as he’s the only player receiving a multi-year one-way commitment from them today. Once a top prospect in the 2021 draft class, he ended up slipping to the Islanders in the second round and was traded to Vancouver in the Bo Horvat deal in 2023 shortly after making his NHL debut.

He didn’t see any NHL ice in 2023-24 but re-emerged as a call-up option this past year. He didn’t look out of place at all as a bottom-six center when given the chance, and that’s the role he’ll look to grab on a more consistent basis starting in the fall. He averaged 10:39 per game for Vancouver in 2024-25 over 33 appearances, scoring seven goals and 11 points with a minus-four rating. He was great on draws, particularly for a young player, winning 57.7% of his faceoffs. He’s a decently physical piece as well, ranking 10th on the team with 80 hits despite his limited workload.

Räty also would have required waivers starting next year, a risk the Canucks certainly aren’t willing to take. He’ll be on the roster come October and could even begin the season with as big of a role as third-line center if Vancouver can’t make any notable free agent additions down the middle in the coming days.

Sasson, 25 in September, won’t be too far behind Räty on the Canucks’ center depth chart. He also saw significant NHL ice last season, except in his case, it was his first NHL call-up. He scored three goals and seven points in 29 games for Vancouver, routinely slotting in down the middle and winning 42.7% of his draws while averaging 10:20 per game.

When on assignment to AHL Abbotsford, Sasson managed 32 points in 41 games – his second straight season with strong minor-league production after signing with Vancouver as a free agent out of Western Michigan in 2023. He’s still waiver-exempt for another year, though. If there’s a roster crunch in camp, he could be the odd man out as a result.

Bains would also require waivers to head back to the AHL, so that’s something to watch. Another undrafted free agent signing, he’s also been an extremely productive AHL piece over the last few years. He scored 43 points in 50 games for Abbotsford this year after nearly reaching a point per game in 2023-24, but the winger has just one goal in 21 NHL appearances over the last two years. Whether his minor-league track record is enough to keep him on the NHL roster remains to be seen, but he could also be a trade candidate if he makes the club and starts slow out of the gate to avoid losing him for nothing on the wire.

Brisebois is the longest-tenured Canuck of the group by a significant margin. A third-round pick back in 2015, he’s settled in as an AHL depth piece and occasional call-up. The 6’2″ lefty played three NHL games this past season in a January call-up, his first action with Vancouver since March 2023. He’ll be 28 next month and has three points and a minus-seven rating in 30 NHL games with the Canucks.

He’s been one of the key defensive minds on Abbotsford’s blue line, helping the minor-league club to its first Calder Cup championship in franchise history a few days ago. He posted five points and a plus-three rating in 48 regular-season games for the AHL Canucks this season.

Transactions| Vancouver Canucks Aatu Raty| Arshdeep Bains| Guillaume Brisebois| Max Sasson

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