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Dallas Stars Sign Nils Lundkvist To One-Year Deal

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A day after re-signing Matt Duchene to a four-year deal and trading Mason Marchment to the Seattle Kraken, the Dallas Stars have gotten another piece of business finished. According to a team announcement, the Stars have signed defenseman Nils Lundkvist to a one-year, $1.25MM contract for the 2025-26 NHL season, matching his projected qualifying offer.

According to PuckPedia, the new deal reduces Dallas’s available cap space to $3.705MM, with six players projected to reach unrestricted free agency, and Mavrik Bourque as the only remaining restricted free agent on the team. A few more transactions are needed to achieve the financial flexibility required, but the Stars continue taking steps in the right direction.

Whether through trade or free agency, the depth leaving Dallas this summer could create a large opportunity for Lundkvist. Outside of defensemen Mathew Dumba and Ilya Lyubushkin (who could be traded in the coming days), Lundkvist is the top right-handed option for the Stars on the blue line.

It’ll be difficult for him to have a worse season than the 2024-25 campaign. Limited by injuries for much of the campaign, Lundkvist finished the 2024-25 season with five assists in 39 games, averaging 15:01 of ice time per night. In Lundkvist’s defense, he performed much better with increased availability from 2022 to 2024, scoring eight goals and 35 points in 119 games, averaging 15:13 of ice time.

Lundkvist’s primary value lies in his defensive play, which explains why he was selected in the first round of the 2018 NHL Draft. Since joining the Stars during the 2022-23 season, Lundkvist has averaged an impressive 52.9% CorsiFor% at even strength and a 92.2% on-ice save percentage at even strength. According to Hockey Reference, he’s never held an Expected +/- of less than zero throughout his tenure in Dallas.

There’s a concrete argument that Lundkvist is the Stars’ top defensive-oriented blue liner behind Esa Lindell. Because of this, there should be little doubt that he’ll find regular playing time in Dallas’s top two defensive pairings during the 2025-26 campaign.

Dallas Stars Re-Sign Cameron Hughes To Two-Year Deal

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As announced by their AHL affiliate, the Texas Stars, the Dallas Stars have re-signed forward Cameron Hughes to a two-year, two-way contract. Although the team hasn’t confirmed his upcoming salary, the contract is likely to pay Hughes an AAV of $ 775K at the NHL level.

The former sixth-round pick of the Boston Bruins recently completed his first season with the Stars organization. The AHL Stars’ assistant captain finished third in scoring on the team, tallying 23 goals and 57 points in 69 games, with four additional goals and 19 points in 14 postseason contests, this time leading the team.

Still, as previously mentioned, Texas isn’t where Hughes began his professional playing career. As the 165th overall pick of the 2015 NHL Draft, it would take an additional three years for Hughes to debut with the AHL’s Providence Bruins. He was relatively successful with AHL Providence, primarily as a secondary scorer from 2018 to 2021. It wasn’t until the 2021-22 season that Hughes nearly doubled his previous career-high, scoring 14 goals and 45 points in 61 games.

Becoming a free agent after the 2021-22 campaign, Hughes settled on a two-year, $1.53MM agreement with the Seattle Kraken. His departure from the Bruins organization marked the final time he has played at the NHL level, appearing in one game during the 2019-20 season and another in the 2020-21 season.

Hughes’ two-year commitment with the Kraken proved wildly successful at the AHL level, this time with the Coachella Valley Firebirds. Scoring 44 goals and 113 points in 130 regular-season games, with another four goals and 39 points in 44 postseason contests, Hughes helped the Firebirds reach back-to-back Calder Cup Finals.

Seattle Kraken Acquire Mason Marchment

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As expected, the Dallas Stars have opened up additional salary cap space leading up to the offseason. According to a team announcement, the team has traded forward Mason Marchment to the Seattle Kraken for a 2026 third-round pick and Dallas’s 2025 fourth-round pick, which was previously sent to the New York Rangers and later acquired by the Kraken.

The trade is a beneficial arrangement for both teams. The Stars free up $4.5MM in cap space, which was given to Matt Duchene earlier today, while the Kraken add more goalscoring and physicality into their forward core.

Unfortunately for Dallas, trading Marchment without retaining salary doesn’t solve all of their financial issues. According to PuckPedia, the Stars have $4.95MM in cap space and either need to re-sign or add four to five more forwards to carry a full roster.

If Dallas can trade defensemen Matt Dumba and Ilya Lyubushkin, without retaining any salary, they’ll have just under $12MM in cap space, which would give them much more flexibility. Still, it’s hard to imagine a scenario in which the Stars’ roster doesn’t come out worse off compared to the one they finished their 2025 Stanley Cup playoff race with.

For Seattle, one team’s junk becomes another team’s treasure. Marchment has proven a capable 20-goal scorer over the last few years and can generate more than 100 hits in a season. The Kraken struggled in both areas during the 2024-25 season, finishing with five players recording 100 or more hits, and only four players scoring 20 or more goals.

The one interesting part of this trade by the Kraken is ascertaining where Marchment fits into the lineup. A natural winger, Marchment should expect to play in Seattle’s middle-six. Unfortunately, the team is already fairly crowded with wingers, given that Jaden Schwartz, Kaapo Kakko, Jared McCann, Jordan Eberle, André Burakovsky, and Eeli Tolvanen are all expected back next season.

At any rate, the team is excited to have him, as General Manager Jason Botterill said, “I think Mason has a unique combination of size, skill and strength. He works well down in the corners and around the net and that’s an element we want to continue to add to our group here.”

Mason Marchment Generating Trade Interest

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  • After signing center Matt Duchene to a new four-year, $18MM contract earlier today, the Dallas Stars only have a projected $455K in salary cap space entering the offseason. Given this, the Stars are looking to move salary off the roster, and forward Mason Marchment has found his name in the center of the rumor mill. According to David Pagnotta of TheFourthPeriod, Dallas is receiving interest in Marchment’s services, particularly from the Toronto Maple Leafs and Utah Mammoth. Marchment already has some familiarity with the Maple Leafs, appearing in four games for the Original Six franchise during the 2019-20 season.

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Stars Sign Matt Duchene To Four-Year Extension

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The Stars have signed center Matt Duchene to a four-year extension, per a team announcement. It’s worth $4.5MM per season for a total value of $18MM. His deal carries a no-movement clause through 2026-27 before decreasing to a five-team approved trade list for the 2027-28 and 2028-29 seasons, per PuckPedia. The yearly breakdown is as follows:

2025-26: $3MM base salary, $3MM signing bonus
2026-27: $1.8MM base salary, $3MM signing bonus
2027-28: $3.6MM base salary
2028-29: $3.6MM base salary

Duchene could have tested the market as one of the top unrestricted free agent centers available, but he’ll instead opt to stay in a Dallas market where he’s excelled as a key top-six contributor over the past two years. In doing so, he takes a significant discount on his market value, at least on a per-year basis. A four-year offer at a much higher price may not have been out there for the 34-year-old, but AFP Analytics projected a three-year deal for Duchene to fall in the $7MM range per season if he hit the open market.

The 2009 No. 3 overall pick is coming off a spectacular 2024-25 campaign. While the Stars scored the third-most goals in the league, their offense was largely generated by committee. Duchene was the only Dallas player who played at least 25 games that hit the point-per-game mark, leading them in scoring with a 30-52–82 line while playing in all 82 games. Averaging over 17 minutes per game, it was the second time Duchene had hit 80 points in his 16-year NHL career and the fourth time he had hit 30 goals.

Duchene initially arrived in Texas on a one-year, $3MM contract for 2023-24 following a surprise buyout by the Predators with three years left on his contract. He posted 25 goals and 65 points in 80 games last year before taking a repeat of that deal to stay with the Stars last summer. It was a significant discount then, and he takes another significant discount now, locking in some highly-desired security through the rest of his mid-30s as well.

The Stars need any help they can get to ice a cap-compliant roster for 2025-26. Duchene’s steep discount certainly helps, but they still find themselves in a position to clear multiple salaries in order to even ice a full roster, let alone re-sign any other pending UFAs. Dallas now has just $455K in cap space with a roster of only 17 players, per PuckPedia. They need to open at least $1.9MM cap space at an absolute minimum via trades to be able to sign three league-minimum players for a bare-bones 20-man roster. In reality, they’ll move at least two of Mason Marchment ($4.5MM), Mathew Dumba ($3.75MM), and Ilya Lyubushkin ($3.25MM) to open up far more than that to give them some in-season flexibility while not taking a catastrophic hit to their forward depth. Jamie Benn, Evgenii Dadonov, and Mikael Granlund remain as pending UFAs up front.

For Duchene, he’ll still be getting compensated more than his contract with Dallas indicates. The expiry of his new deal following the 2028-29 season lines up with when his buyout paychecks from the Predators will end. He’s still set to receive $6.56MM from Nashville in 2025-26 and then $1.56MM annually through 2028-29.

Image courtesy of Jerome Miron-Imagn Images.

Stars Sign Ben Kraws To Two-Way Extension

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The Stars have signed goaltender Ben Kraws to a two-way extension for the 2025-26 campaign, the team announced Tuesday. Financial terms were not disclosed.

Kraws was slated to be a restricted free agent in two weeks after completing his first NHL contract, a one-year entry-level deal he signed with Dallas as an undrafted free agent in March 2024. The 6’5″, 194-lb netminder was coming off a strong showing in his fifth collegiate season at the time, posting a 2.49 GAA and .919 SV% in 37 games for St. Lawrence University. He played all but two games during the season and was easily the school’s top player, earning a Hobey Baker Award nomination as a result.

While the 24-year-old has seen a few games of action with AHL Texas since signing his deal 15 months ago, most of his short time in the pros has been spent down a level with ECHL Idaho. He was the Steelheads’ starter this year while sitting No. 5 on the Stars’ goalie depth chart behind their NHL duo of Jake Oettinger and Casey DeSmith and the AHL tandem of Magnus Hellberg and Rémi Poirier. He did quite well in his first professional audition, posting a 2.88 GAA, .910 SV%, five shutouts, and a 23-12-5 record in 40 games.

Hellberg won’t be back with the organization next season after signing in Sweden, while Poirier re-upped with the Stars on a two-year, two-way deal just yesterday. The latter outplayed Hellberg anyway and is likely slated to take over as the AHL starter next year. Kraws’ landing a second contract from Dallas indicates they may be penciling him in as Poirier’s backup in the AHL next year.

Still, it wouldn’t be surprising to see Dallas add another name to the mix in net, even if it’s on an AHL-only contract. Kraws has a more pedestrian .896 SV% and 2.87 GAA in seven career AHL showings for Texas. There’s certainly room for improvement on that small sample size, and the Stars would do well to add a more experienced call-up option in case an injury sidelines DeSmith or Oettinger for any significant length of time.

Stars Sign Remi Poirier To Two-Year, Two-Way Contract

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The Dallas Stars have announced they’ve signed goaltender Remi Poirier to a two-year, two-way contract beginning next season. Poirier has spent the last three seasons with the AHL’s Texas Stars.

Dallas originally drafted Poirier in the sixth-round of the 2020 NHL Draft. He signed his entry-level contract two seasons later, after finishing a fourth year with the QMJHL’s Gatineau Olympiques. His pro career kicked off in the ECHL, but he earned a promotion to the AHL after posting three shutouts and nine one-goal games through his first 22 games. He finished his rookie pro season split between tier-two and tier-three, ultimately finishing the year with a .928 save percentage in 23 ECHL games and a .907 Sv% in 16 AHL games.

The momentum from year one was enough to propel Poirier to the top of a closely-contested Texas goalie room last season. He played in 38 of Texas’ 72 games on the season, and posted a team-best .904 save percentage and 17-16-4 record. He seemed set to continue on as Texas’ starter into this season, until the Stars signed Magnus Hellberg to a one-year, two-way contract last August. Hellberg assumed the lion’s share of minutes over Poirier, though Poirier’s .908 Sv% in 31 games still trumped Hellberg’s .904 Sv% in 41 games.

Hellberg recently signed with Djugardens IF of Swedens’ SHL for next season. That move should open the door for Poirier to once again step into the AHL spotlight. He boasts a career-long stat line of a 43-32-8 record, .906 Sv%, and 2.86 goals-against-average in 85 games and four seasons.

Stars Reportedly Dialing Back Efforts To Trade Jason Robertson

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June 13th: According to today’s rendition of 32 Thoughts, Sportsnet’s Elliotte Friedman has heard that the Stars are already dialing back their efforts to explore moving Robertson this offseason. Friedman wouldn’t confirm whether it was because Dallas prefers to retain Robertson or if they hadn’t received adequate preliminary offers. Furthering this point, David Pagnotta of The Fourth Period spoke on NHL Network, reporting that the Stars prefer to move Mason Marchment, Lyubushkin, or Dumba to alleviate their financial gridlock.

June 10th: It appears there’s some legitimate fire to the smoke that erupted last week when Daily Faceoff’s Jeff Marek opined the Stars could move winger Jason Robertson to ease their incredibly restrictive salary cap space this summer. Elliotte Friedman of Sportsnet said on 590 The FAN yesterday that Robertson’s name has indeed been floated in trade talks around the league, although “it’s not a guarantee that [he] goes.”

Robertson, 26 next month, has had a bit of a winding road since bursting onto the scene at the beginning of the decade. The 2017 second-rounder’s rookie season was the shortened 2021 campaign, scoring 45 points in 51 games to finish second on Dallas in scoring and place second in Calder Trophy voting behind Wild star Kirill Kaprizov. After eclipsing the point-per-game mark the following season, the two sides agreed on a four-year, $31MM deal after a lengthy run on the RFA market for Robertson.

It immediately looked like one of the best contracts in the league. Robertson erupted for a career-high 46 goals, 109 points, and a +37 rating while playing in all 82 games in the 2022-23 campaign, placing him fourth in MVP voting and tying for sixth in the NHL in scoring. Since then, Robertson has remained a veritable first-line piece but has seen his point production regress heavily, making him more of an ideal No. 2/3 forward instead of a team’s top scorer. He’s continued that ironman streak from the 2022-23 season but has just 80 points in each of the last two years, a 26% decrease in points per game from the heights of his breakout. His average ice time also dipped below 18 minutes per game in 2024-25 for the first time since his rookie season, and he was limited to six points in 11 postseason games after returning from a knee injury sustained in the final game of the regular season.

Aside from Dallas’ current unenviable cap situation, having just under $5MM in space with seven roster spots to fill, per PuckPedia, there are some peculiarities with Robertson’s contract that make him more of an understandable trade chip than at first glance. He’s still under team control as an RFA with arbitration rights when his extension expires next summer, and because his contract was somewhat significantly backloaded, he’s due a $9.3MM qualifying offer that’s much higher than his current $7.75MM cap hit. While Robertson’s upside remains tantalizing, is that QO number one the cap-crunched Stars are willing to even pay for one year, considering his more pedestrian offensive output over the past two seasons?

There are less efficient deals the Stars will presumably try to jettison first before becoming seriously engaged in Robertson talks. 2024 UFA defense pickups Mathew Dumba and Ilya Lyubushkin both flamed out and make $3.75MM and $3.25MM against the cap next season, respectively. They’d need to replace them with cheaper UFAs this summer, but packaging some futures to get rid of those contracts would at least open up the cap space to potentially retain two of their three main pending UFAs – forwards Jamie Benn, Matt Duchene, and Mikael Granlund. At present, they don’t stand much of a chance of even signing one while being able to fill out the rest of the roster.

If Dallas does structure a Robertson trade, they’ll presumably do so around a cost-effective player who can step into his top-six role directly – potentially a winger still on his entry-level deal – so they can use most of his cap hit to instead commit to extensions for the aforementioned UFAs and potentially pursue a depth defense upgrade.

Magnus Hellberg Signs With SHL’s Djurgårdens IF

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After a middling season in the AHL while on a two-way deal with the Stars, goaltender Magnus Hellberg is heading home to the SHL. Djurgårdens IF announced they’ve signed Hellberg to a three-year deal, bringing him back to Sweden through the 2027-28 season.

Hellberg hasn’t played in the SHL since 2011-12, back when it was called the Elitserien. He was a second-round pick by the Predators in 2011, for a time looking like he could be a long-term backup to Nashville stalwart Pekka Rinne. He was a solid AHL netminder for them, posting a .917 SV% and 2.36 GAA in his first three North American minor-league seasons, but only got one NHL relief appearance before a goalie crunch meant he was traded to the Rangers in 2015 for a sixth-round pick. His tenure in New York at least brought his first NHL start, but he only managed a .882 SV% and 2.44 GAA in three total appearances with the Rangers before reaching Group VI unrestricted free agency in 2017.

He opted for more opportunity overseas instead of trying to climb up an NHL depth chart elsewhere, signing with Kunlun Red Star of the Kontinental Hockey League. It was in the KHL that Hellberg finally established himself as an elite option in a high-level professional league. Across five seasons in China and Russia with Kunlun, SKA St. Petersburg, and HK Sochi, he posted a 2.00 GAA, .927 SV%, 24 shutouts, and an 81-64-14 record in 169 appearances. He was a two-time KHL All-Star and was rostered for Sweden at the 2018 and 2022 Winter Olympics, also winning a gold medal at the World Championship in 2018.

That prompted Hellberg to make an NHL return late in the 2021-22 season, signing on with the Red Wings. He’s spent the last few years as a journeyman, making stints as a No. 3 option for Detroit, Ottawa, Seattle (although he never played for them), Pittsburgh, Florida, and Dallas. He saw NHL action in three of those stops (Red Wings, Senators, Penguins), but only put up a .891 SV%, 3.12 GAA and a 7-8-1 record in 22 appearances over three years. He spent all of last season on assignment to AHL Texas after clearing waivers with Dallas, where he recorded a fine but unimpressive 2.69 GAA, .904 SV%, two shutouts, and a 24-14-1 record in 41 games.

Now 34 years old, this is almost definitely the end of the road for Hellberg in the NHL. He’ll aim to rediscover his KHL form with Djurgården, which just gained promotion back to the SHL after three seasons in the second-tier HockeyAllsvenskan league.

Stars Open To Trade Offers On Mason Marchment

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The Stars are open to the possibility of dealing winger Mason Marchment, reports David Pagnotta of The Fourth Period. It’s a more palatable avenue to clear cap space this summer than moving star left-winger Jason Robertson, who Dallas has at least considered including in talks in the weeks since their elimination in the Western Conference Final.

Marchment, who turns 30 in a week, is coming off one of the better seasons of his career. He scored 22-25–47 with a +15 rating over 62 appearances in 2024-25. While he missed significant time due to a facial fracture and subsequent surgery, that was his best goal-scoring work on a per-game basis for his career at 0.35 and his second-best season in the points department at 0.76.

The left-shot winger has averaged 21 goals and 51 points per 82 games over his six-year NHL career. Injuries are a legitimate concern, having only hit the 80-game mark once, but he’s one of the more consistently effective middle-six wingers in the league when healthy, both offensively and physically. Checking in at 6’5″ and 212 lbs, he’s a willing fighter and frequent hitter while also serving as one of the more efficient per-minute point producers of the last few years.

His possession impacts leave a little more to be desired. His raw numbers look fine, but become more concerning when put in context, considering he’s spent the majority of his NHL career with a pair of strong 5-on-5 teams in Florida and Dallas. They’re not huge drawbacks – he’s averaged a -0.2 relative CF% at even strength over his career while receiving semi-favorable offensive zone deployment – but his reputation defensively likely outweighs reality a little bit.

Nonetheless, his $4.5MM cap hit provides great value to the Stars. That’s almost never a deal a championship-contending club would be looking to move, but as detailed at length, the Stars simply don’t have a path toward cap compliance next season without making a salary dump. They have under $5MM in projected space with seven roster spots to fill, meaning they’d essentially have to sign only league-minimum players this summer while letting all of their pending free agents walk.

Salary cap considerations are essentially the sole motivator behind considering moving Marchment, a pending UFA starting July 1, and Robertson, a pending RFA starting July 1. They each have one year left on their contracts and would normally have their resources devoted toward extension discussions in a few weeks, but without a chance of recouping any cost-effective assets in a deal involving overpaid defenders Mathew Dumba and Ilya Lyubushkin, it appears general manager Jim Nill is looking to part ways with a player with higher trade value to try and land a cheap contributor as part of the return.

Marchment would obviously have a much lower return and asking price than Robertson, a first-line fixture who’s posted 80 points in back-to-back seasons following his 109-point breakout in 2022-23. Parting ways with the former would also have a much less transformative impact on their forward group next season. Still, if they get the right deal for the latter, it may make sense. Extending Robertson, who will presumably cost at least his $9.3MM qualifying offer per season to re-sign on a multi-year deal, would give Dallas seven players making over $8MM per season in the summer of 2026, when they need to work out a new deal for star defenseman Thomas Harley.

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