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Rangers Sign Taylor Raddysh To Two-Year Deal

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The Rangers have added some additional bottom-six depth, with PuckPedia reporting last night they’ve signed winger Taylor Raddysh to a two-year deal worth $3MM, carrying a $1.5MM cap hit. His deal includes $250,000 in upfront signing bonuses, according to PuckPedia.

The 6’3″, 200-lb Raddysh now heads to his third team in as many seasons after reaching outright unrestricted free agency for the first time. He’s coming off a one-year, $1MM contract with the Capitals that he signed after being non-tendered by the Blackhawks in the 2024 offseason.

In 2024-25, Raddysh posted seven goals, 20 assists, 27 points, a minus-seven rating, and 18 PIMs in 80 appearances while averaging 12:22 per game. The 27-year-old is now two years removed from his 20-goal breakout with the Blackhawks and has seen his overall effectiveness decrease in the years since, recording a career-low 93 shots on goal and 59 hits with the Caps.

Raddysh joins Justin Dowling as New York’s lone forward signings in unrestricted free agency. Most of their available cap space was used to bring in top UFA blue-liner Vladislav Gavrikov on a seven-year, $49MM deal and to secure a two-year, $7.8MM contract for RFA winger William Cuylle.

If Raddysh doesn’t pan out with the Rangers and is placed on waivers and buried in the minors, he would still count for $350,000 against the cap, at least in 2025-26. That figure would decrease in 2026-27 with an expected increase in the league minimum salary and, in turn, a higher maximum buriable salary. Given the Rangers’ lack of offensive depth on their bottom two forward lines, though, he should get the chance for a regular role out of the gate and potentially see increased minutes compared to his time in Washington.

Oilers Sign Andrew Mangiapane To Two-Year Deal

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The Oilers have signed free agent winger Andrew Mangiapane, the team announced last night. It’s a two-year deal worth $7.2MM for a cap hit of $3.6MM.

An overage draft pick taken in the sixth round in 2016, Mangiapane lived up to his draft billing in Calgary just by making his NHL debut, let alone breaking out for a 35-goal season in 2021-22. His offensive output has been more pedestrian since, though, and following two years in the 15-goal, 40-point range, he was traded to the Capitals for a second-round pick last summer.

In 81 appearances for Washington last year, Mangiapane scored 14 goals, 14 assists, and 28 points in 13:02 of ice time per game, with an even rating and a 52.4 CF% at even strength. It was the worst offensive output of his career aside from his rookie season.

Mangiapane was mentioned within the last couple of weeks as a free agent target for the Maple Leafs and Kraken, with the former potentially looking to plug the 29-year-old on a line with Auston Matthews in Mitch Marner’s absence to see if he can rediscover his previous offensive form. Instead, he’ll get a similar chance with a longtime rival of his in Edmonton, joining an Oilers team with questions about its depth on the wings that could be answered by putting him in a top-six role with either Connor McDavid or, more likely, on a second line with Leon Draisaitl.

After signing Mangiapane, trading away Viktor Arvidsson and Evander Kane in cap dumps, and getting new deals done for Evan Bouchard and Trent Frederic in the last few days, the Oilers are close to being capped out. They have $950,834 in cap space with a roster projection of 13 forwards, seven defensemen, and two goaltenders, according to PuckPedia.

Image courtesy of Nick Turchiaro-Imagn Images.

Two-Way Deals: 7/1/25

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As major signings come in around the NHL today with the 2025-26 league year beginning, teams are shoring up their minor-league depth as well by signing players to two-way contracts. We’re keeping track of those signings today in this article, which will be continuously updated. Deals are one year unless otherwise noted.

Boston Bruins

F Riley Tufte ($775K NHL) – Ty Anderson of 98.5 The Sports Hub
D Jonathan Aspirot ($775K NHL) – Ty Anderson of 98.5 The Sports Hub
G Luke Cavallin ($775K NHL) – Ty Anderson of 98.5 The Sports Hub

Buffalo Sabres

F Riley Fiddler-Schultz ($865K NHL/$90K SB/$35K PB/$85K AHL) – PuckPedia // two years, entry-level
F Carson Meyer ($775K NHL/$350K AHL Y1 – $375K AHL Y2) – PuckPedia // two years
D Mason Geertsen ($775K NHL/$425K AHL) – Elliotte Friedman of Sportsnet // two years
D Zachary Jones ($900K NHL/$550K AHL) – PuckPedia
D Zach Metsa ($775K NHL/$250K AHL/$325K gt’d) – PuckPedia

Calgary Flames

D Nick Cicek ($775K NHL) – team release

Carolina Hurricanes

G Amir Miftakhov ($775K NHL/$100K AHL/$240K gt’d) – PuckPedia

Chicago Blackhawks

F Dominic Toninato ($850K NHL) – team release // two years

Colorado Avalanche

F T.J. Tynan (unknown) – team release
D Jack Ahcan (unknown) – team release
D Ronald Attard ($775K NHL/$450K AHL/$500K gt’d) – PuckPedia

Columbus Blue Jackets

F Owen Sillinger (unknown) – team release
D Christian Jaros (unknown) – team release

Dallas Stars

D Niilopekka Muhonen (unknown) – team release // three years, entry-level

Edmonton Oilers

D Riley Stillman ($775K NHL/$475K AHL) – PuckPedia // two years
G Matt Tomkins ($775K NHL/$400K AHL/$450 Y2 gt’d) – PuckPedia // two years

Florida Panthers

F Nolan Foote ($775K NHL/$150K AHL/$250K gt’d) – PuckPedia
F Jack Studnicka ($775K NHL/$450K AHL) – Chris Johnston of TSN/The Athletic
G Brandon Bussi ($775K NHL/$400K AHL) – PuckPedia
G Kirill Gerasimyuk (unknown) – team release // two years, entry-level

Los Angeles Kings

F Cole Guttman ($775K NHL/$450K Y1 – $475K Y2 AHL/$475K gt’d Y1 – $500K gt’d Y2) – PuckPedia // two years

Minnesota Wild

F Tyler Pitlick ($775K NHL/$300K Y1 – $350K Y2 AHL/$325K gt’d Y1 – $375K gt’d Y2) – PuckPedia // two years
D Ben Gleason ($800K NHL/$475K AHL) – PuckPedia

Montreal Canadiens

F Alex Belzile (unknown) – team release
D Nathan Clurman ($775K NHL/$125K AHL/$140K gt’d) – PuckPedia

New Jersey Devils

D Calen Addison ($775K NHL/$325K AHL/$400K gt’d) – PuckPedia
F Angus Crookshank ($775K NHL/$425K AHL/$475K gt’d) – PuckPedia // two years, one-way in 2026-27

New York Islanders

F Matthew Highmore (unknown) – team release
D Ethan Bear ($775K NHL/$325K AHL/$425K gt’d) – PuckPedia
D Cole McWard (unknown) – team release

New York Rangers

D Derrick Pouliot ($775K NHL/$400K AHL/$425K gt’d Y1 – $450K gt’d Y2) – PuckPedia // two years

Ottawa Senators

F Wyatt Bongiovanni ($775K NHL/$160K AHL) – PuckPedia
F Olle Lycksell ($775K NHL/$450K AHL/$500K gt’d) – Darren Dreger of TSN

Philadelphia Flyers

F Lane Pederson ($775K NHL/$525K AHL) – PuckPedia

San Jose Sharks

F Jimmy Huntington (unknown) – team release
F Samuel Laberge (unknown) – team release
F Colin White ($775K NHL/$425K AHL/$475K gt’d) – PuckPedia
D Cole Clayton (unknown) – team release

St. Louis Blues

F Matt Luff ($775K NHL/$400K AHL) – PuckPedia

Tampa Bay Lightning

F Nicholas Abruzzese (unknown) – team release
F Tristan Allard (unknown) – team release // two years, entry-level
F Boris Katchouk (unknown) – team release
D Simon Lundmark ($775K NHL/$250K AHL/$350K gt’d) – PuckPedia // two years
G Ryan Fanti ($775K NHL/$80K AHL) – PuckPedia

Utah Mammoth

F Kailer Yamamoto ($775K NHL/$500K AHL) – PuckPedia
D Scott Perunovich ($775K NHL/$400K AHL/$500K gt’d) – PuckPedia

Vancouver Canucks

F Joseph LaBate ($775K NHL/$350K AHL) – PuckPedia
F Mackenzie MacEachern ($775K NHL/$575K AHL) – PuckPedia // two years
D Jimmy Schuldt ($775K NHL/$500K AHL) – PuckPedia // two years

Winnipeg Jets

F Phillip Di Giuseppe ($775K NHL/$450K AHL) – PuckPedia
D Kale Clague (unknown) – Elliotte Friedman of Sportsnet

Hurricanes Acquire K’Andre Miller In Sign-And-Trade With Rangers

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5:51 p.m.: The trade is official as reported, the team announced.

4:33 p.m.: The deal will be a sign-and-trade with the Rangers, per Friedman. It will be an eight-year deal for Miller worth a total value of $60MM for $7.5MM per season. He’ll be Carolina’s highest-paid defenseman by a significant margin as a result. A 2026 first-round pick will be part of the return, per Vince Z. Mercogliano of USA Today. The deal is split evenly across this season and is paid entirely in base salary aside from a $2MM signing bonus up front, per PuckPedia. It also includes a 10-team no-trade clause beginning in 2027-28. Larry Brooks of the New York Post reports the full return is a conditional first, the Hurricanes’ 2026 second-round pick, and right-shot defender Scott Morrow. The condition on the 2026 first is that the Rangers will receive the better of Carolina’s or Dallas’ 2026 first-rounders, and it’s top-10 protected, per PuckPedia.

4:16 p.m.: The trade has been agreed to in principle but has yet to be executed because Miller and the Hurricanes are still in talks on a new contract, per Friedman. He adds the trade was made in lieu of an offer sheet Carolina was preparing for Miller.

11:56 a.m.: The Hurricanes are acquiring the signing rights to defenseman K’Andre Miller from the Rangers, Elliotte Friedman of Sportsnet reports. The trade return will center around draft pick compensation, per Vince Z. Mercogliano of USA Today.

After a season full of trade rumors, the Rangers have finally moved on from Miller and brought in Vladislav Gavrikov as his immediate replacement. Since the return package consists of draft pick compensation, this trade closely resembles the 2020 deal in which the Rangers traded defenseman Brady Skjei to the Hurricanes for a first-round pick.

Carolina will assuredly bank on the 2022-23 version of Miller, which was arguably the best season of his young career. During that campaign, Miller scored nine goals and 43 points in 79 games for the Rangers with a +12 rating, averaging nearly 22 minutes of ice time per game. Unfortunately, the Rangers only had the financial flexibility to sign Miller to a two-year bridge deal, but the belief at the time was that they would have liked to have retained him for longer.

Hindsight being 20/20, the Rangers were thankful that they didn’t sign Miller to a longer-term agreement. Since his breakout campaign in 2022-23, Miller has scored 15 goals and 57 points in 154 contests with a +5 rating. His possession and defensive metrics have also dropped, falling from a 51.5% CorsiFor% at even strength to 49.2%, and an 89.8% on-ice save percentage at even strength to an 88.7%.

Still, he has maintained a high level of physicality and continues to block over 100 shots each season. There is reason for optimism that many of his advanced metrics will improve in Carolina, considering that the team has a very deep defensive core and is one of the top possession teams in the league.

The trade also carries implications for the Hurricanes’ unrestricted free agents from their defensive core. Given that the team is planning on making Alexander Nikishin a full-time defender beginning in the 2025-26 season, there is little chance that Dmitry Orlov or Brent Burns will return to Carolina. Due to the trade protection given to the team’s other defensemen, the Hurricanes are likely to move out any of their current blueliners to clear a pathway for Orlov or Burns to return.

Islanders Sign Simon Holmstrom To Two-Year Deal

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The Islanders are in agreement with RFA winger Simon Holmstrom on a two-year contract with a $3.625MM cap hit, per TSN’s Darren Dreger. He’ll earn $3.5MM in 2025-26 and $3.75MM in 2026-27.

Holmstrom will opt for a bridge contract after a breakout performance this season. He recorded 20 goals and 45 points in 75 games this season – a full stride forward from the 25 points he scored in as many games last year. The productive year, even on a low-scoring Islanders club, earned Holmstrom routine minutes in the top-six by the end of the season.

A two-year deal will push Holmstrom to prove he can keep up the reliable scoring through another season. He seems a reasonable bet to continue to meet his mark moving forward. Holmstrom recorded a lofty 20.8 shooting percentage this year, though it’s the same mark he managed with 15 goals last season. Holmstrom was similarly productive in the minor leagues, netting 12 goals and 43 points in 68 games of the 2021-32 AHL season, his most recent full year in the minors. The Islanders originally drafted Holmstrom in the first round of the 2019 NHL Draft, following a big year – 20 points in 21 games – in Sweden’s U20 league.

Holmstrom will track back to New York’s second-line right wing with this deal — and look to earn the hardy payday that routine scoring could land him. He’ll be joined by newcomer Jonathan Drouin playing opposite of him, and could be potentially centered by rookie Calum Ritchie – if Ritchie can make the NHL roster out of camp, like he did in Colorado last year.

PHR’s Gabriel Foley contributed significantly to this article.

Penguins Sign Justin Brazeau, Caleb Jones To Two-Year Deals

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The Penguins have signed UFA winger Justin Brazeau to a two-year, $3MM contract with a $1.5MM cap hit, Darren Dreger of TSN reports. The team confirmed that deal and also announced a two-year, $1.8MM contract for defenseman Caleb Jones with a cap hit of $900,000.

While the Penguins haven’t been involved with any of the big-name free agents (as expected), GM Kyle Dubas has been busy adding depth pieces, including signing defender Parker Wotherspoon and bringing back forwards Connor Dewar and Philip Tomasino on one-year deals. The strategy aligns with what Dubas outlined for free agency: targeting players under 30 who can compete for roster spots alongside emerging prospects.

Brazeau, 27, provides the Penguins with a physical depth winger with some offensive upside. The 6-foot-6, 227-pound Brazeau recorded 11 goals and 22 points over 76 games last season, split between the Boston Bruins and Minnesota Wild. However, his offensive production dipped during his 19-game stint with the Wild, where he managed just two points while averaging 8:33 of ice time per game. He’ll likely compete for a spot on the Penguins’ bottom-six, with prospects like Joona Koppanen, Avery Hayes, Samuel Poulin, and Filip Hallander waiting in the wings. The Penguins currently have 12 forwards on one-way contracts for next season — not including Rutger McGroarty and Ville Koivunen, who are expected to start the year in Pittsburgh’s lineup — so it’s likely Dubas still has moves to make to trim that group.

Jones, 28, skated in six games for the Los Angeles Kings last season and spent the rest of the season with their AHL affiliate, the Ontario Reign. The lefty has skated in 248 games at the NHL level across seven seasons, producing 14 goals and 55 points. While he’ll compete for a spot on the Penguins’ bottom pairing, he’s likely to start the season in the AHL, where he provides valuable veteran depth if needed.

 

Golden Knights Sign Dylan Coghlan, Jaycob Megna, Cole Reinhardt

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4:22 p.m.: The Knights confirmed the below signings and also announced a two-year, one-way contract for winger Cole Reinhardt. The former Senators depth piece played a career-high 17 games for Ottawa last year, scoring his first NHL goal and assist.

3:45 p.m.: Vegas has also signed defenseman Jaycob Megna to a two-year, one-way deal worth $800K per season, his agency, Bartlett Hockey, announced. He spent last season in the Panthers organization and was a post-deadline call-up, but mostly played with AHL Charlotte, where he had 16 points and a +26 rating in 64 games. The 6’6″ 32-year-old lefty has a 4-23–27 scoring line in 193 career NHL games with the Ducks, Sharks, Blackhawks, Panthers, and Kraken.

1:09 p.m.: The Golden Knights are bringing in defenseman Dylan Coghlan for his second stint in Vegas on a one-year, one-way league minimum contract, according to Sportsnet’s Elliotte Friedman and Irfaan Gaffar.

Coghlan played through four seasons in the WHL prior to his move to pros, and went undrafted through all three years of eligibility. He was extended an invite to the Detroit Red Wings’ training camp in 2016, but wouldn’t earn his first pro contract until the Vegas Golden Knights’ inaugural training camp in 2017. Vegas signed Coghlan to a three-year, $2.2MM entry-level contract in 2017, and assigned him back to the WHL for his fourth and final season of juniors eligibility. When he was ready to turn pro in 2018, Coghlan was moved to the AHL’s Chicago Wolves, where he managed an impressive 15 goals, 40 points, and plus-four through 66 games of his AHL rookie season. Vegas made the right-shot defender show he could match that performance in the following year. He stumbled to just 11 goals, 24 points, and a minus-nine, but still showed enough strength to join the Golden Knights as an extra defender for the shortened 2020-21 campaign.

Getting his first taste of the NHL, Coghlan posted six points, one penalty, and a minus-three through 29 games. He returned to an NHL role in 2021-22, and managed a stouter 13 points, 18 penalty minutes, and minus-five through 59 games. That season stands as the most Coghlan has played in the NHL – after a 2022 move to the Carolina Hurricanes pushed him back into competition for a fringe lineup role. Since 2022, Coghlan has recorded three points in 23 NHL games and 72 points in 112 AHL games. That includes a career-best 16 goals, 41 points, and 40 penalty minutes in 61 games of the 2023-24 season, which he spent with the AHL’s Springfield Thunderbirds.

Coghlan will offer the Golden Knights high scoring upside at the minor-league level, and a big-bodied extra defenseman at the NHL level. He could help fill the role of Nicolas Hague, who Vegas moved to the Nashville Predators in the days leading up to free agency.

PHR’s Gabriel Foley contributed significantly to this article.

Maple Leafs Sign Travis Boyd, Benoit-Olivier Groulx, Dakota Mermis

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The Maple Leafs announced they’ve signed forward Travis Boyd to a one-year, league minimum contract, forward Benoit-Olivier Groulx to a two-year contract with a cap hit of $812,500, and re-signed defenseman Dakota Mermis to a two-year deal with a cap hit of $812,500. Toronto also confirmed the previously reported signing of Michael Pezzetta.

Boyd led the AHL’s Iowa Wild in scoring last season with a lofty 22 goals and 53 points in 63 games. He was a core piece of the lineup through the extent of the year, providing strong play on both sides of the puck and even serving as an alternate captains during home games. He also appeared in three NHL games on the year, but didn’t manage any scoring. Boys spent the last three seasons with the Arizona Coyotes, and routinely reached promising production. He scored 17 goals and 35 points in 74 games of the 2021-22 season; and 15 goals and 34 points in 82 games of the 2022-23 campaign.

Boyd didn’t offer sharp play away from the puck at an NHL level, but his hot play was halted by injury during the 2023-24 season. Just 16 games and eight points into the season, Boyd sustained a porn pectoral muscle and was forced to end the year early. With a full, strong year in the minors this season – he could be set to slowly walk back to the third-line upside he carried through a trio of years in Arizona.

Groulx is in much of the same position – looking to climb his way back to NHL action after a productive year in the minor leagues. He scored 15 goals and 37 points in 47 games with the AHL’s Hartford Wolf Pack, good for second on the team in scoring behind Alex Belzile’s 56 points. Groulx played in 45 NHL games last season – after entering the season with just 20 career games up to that point. But he wasn’t able to do much with the extended look, netting just two assists, 22 penalty minutes, and a minus-nine. The performance marked the only changes to Groulx’s NHL stat line since he recorded three points and one penalty in 18 games of the 2021-22 season.

Finishing the trio of signings will be the return of Mermis, who appeared in three games with the Maple Leafs and 32 games with the Marlies. He scored one assist at the NHL level and seven assists in the minor-leagues. Mermis has wandered across the NHL over the last three seasons, moving from the Minnesota Wild, to the Utah Mammoth, and then to Toronto. He served as an extra defender across all three clubs, and will likely return to the rotation of depth NHL minutes and routine AHL ice time on a new deal in Toronto.

PHR’s Gabriel Foley contributed significantly to this article.

Sabres Sign Ryan McLeod To Four-Year Deal

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The Sabres announced they’ve signed RFA center Ryan McLeod to a four-year, $20MM contract worth $5MM per season. McLeod carries a five-time no-trade list in 2027-28 and 2028-29, per PuckPedia.

After an impressive first year with the Sabres, Buffalo is making sure McLeod is with the team for the foreseeable future. Before joining the Sabres, McLeod set his highest point total during his final season with the Edmonton Oilers. He scored 12 goals and recorded 30 points in 81 games, finishing with a +10 rating while averaging 14:15 of ice time per game.

There was a reasonable expectation that McLeod would score at a similar pace, if not worse, after moving to a non-contending team from the Western Conference champions. It didn’t take long for McLeod to quiet the doubters.

McLeod finished his first season in Buffalo with 20 goals and 53 points in 79 games, managing a +13 rating and being one of the few bright spots on the roster. Despite being on a team with talented scorers, the former bottom-six mainstay for the Oilers tied for fifth on the team in scoring. He was the team’s most successful center in the faceoff, too, securing a 52.3% win rate.

Those faceoff wins came during important parts of the game, too. McLeod began 54.3% of his shifts in the defensive zone, meaning he could be relied upon to negate an opposing team’s scoring chance most of the time. He still has some kinks to work out in his possession and defensive game, but this contract should age well for the Sabres.

It’s also important to note how much speed McLeod brings to Buffalo’s lineup. According to NHL EDGE stats, McLeod finished in the 87th percentile of 22+ mph bursts, 96th percentile in 20-22 mph bursts, and 99th percentile in 18-20 mph bursts. Although Father Time is known for targeting speed first, McLeod will only be 30 years old by the conclusion of this contract, so Buffalo won’t have to worry about any age-related drop-off for some time.

PHR’s Brennan McClain contributed significantly to this article. 

Devils Sign Evgenii Dadonov, Dennis Cholowski

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The Devils have signed winger Evgenii Dadonov to a one-year deal, the team announced. It’s worth a $1MM base salary plus performance bonuses, Stephen Whyno of the AP reports. The club also brought back defenseman Dennis Cholowski on a one-year, league minimum contract after he briefly became a free agent.

New Jersey will find a strong lineup match in Dadonov after parting ways with Erik Haula earlier this month. Like Haula, Dadonov is a high-volume shooter who has continued to produce through his later years. He scored a stout 20 goals and 40 point in 80 games with the Dallas Stars this season – then tacked on an additional four points in 16 postseason games. The performance was a nice refresher of Dadonov’s abilities, after he spent part of the 2023-24 season injured. He scored just 23 points in 51 games as a result. Prior to that, Dadonov had either totaled, or paced for, at least 40 points in two of his last four seasons.

His routine challenge of the 40-point mark began after a pair of red-hot seasons marking Dadonov’s return from a five-year tenure in Russia’s KHL from 2012 to 2017. He rejoined the NHL with the Florida Panthers, and quickly managed back-to-back 28-goal seasons. Those performances were bolstered to 65 points in 74 games, and 70 points in 82 games – though he wasn’t able to keep the good times rolling through a third year in Florida. His dip to 25 goals and 47 points in 69 games of 2019-20 sparked a trio of one-year stops with the Ottawa Senators, Vegas Golden Knights, and Montreal Canadiens. Dadonov didn’t stay longer than one year with a club until he joined Dallas for three years beginning in 2022. Now, Dadonov will head to the Eastern Conference, and likely a hardy role on New Jersey’s third line.

Meanwhile, Cholowski will be set to return to the extra defender role he carried through the end of last season. He began the year in the seventh-man role wit hthe New York Islanders, but was bumped into the roster for 33 games after Mike Reilly was diagnosed with a heart condition. Cholowski recorded 10 points in those outings – not enough to command much time in New York, but plenty to gain notice on the open market. New Jersey acquired Cholowski in exchange for forward Adam Beckman. He stepped into the Devils’ extra role and didn’t post any scoring through six regular season games or two postseason games. Still, Cholowski is a well-rounded depth piece who can provide serviceable fill-in should the Devils’ blue-line face injury.

PHR’s Gabriel Foley contributed significantly to this article.

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