Two-Way Deals: 7/1/25
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
Panthers Sign Jeff Petry
The Panthers have signed defenseman Jeff Petry to a league-minimum contract for 2025-26 with performance bonuses, according to Pierre LeBrun of TSN and The Athletic.
Remarkably, Petry has turned the worst season of his professional career into an agreement with the defending Stanley Cup champions. Although he was limited by injury during the 2024-25 campaign, Petry finished with one goal and eight points in 44 games with a -2 rating, which averages out to an 82-game average of two goals and 15 points.
His value appears even less favorable when examining some of his advanced metrics. Petry finished with a 43.2% CorsiFor% at even strength, which was the lowest of any defenseman on the Red Wings during the 2024-25 campaign. According to MoneyPuck, Petry had the lowest Expected Goals Creation on the Detroit team last season, indicating that the worst performances occurred when he was on the ice.
Nevertheless, he’ll be tasked with far less responsibility in Sunrise. The Panthers are retaining every member of their Stanley Cup-winning team, aside from Jaycob Megna, and Petry will immediately become the team’s seventh option. Petry will become the third right-handed defenseman on the team behind Seth Jones and Aaron Ekblad, and he could fill in on occasion if they want to balance out their handedness.
At any rate, Petry’s numbers should improve in limited ice time, simply by being on a better team. Still, he’s a far cry from the defenseman he used to be during his prime with the Montreal Canadiens.
PHR’s Brennan McClain contributed significantly to this article.
Panthers Sign Daniil Tarasov
The Panthers have signed recently acquired RFA netminder Daniil Tarasov to a one-year, $1.05MM contract, according to PuckPedia. The deal walks him to unrestricted free agency next summer.
Florida now has their new backup goalie officially in tow after acquiring his rights from the Blue Jackets for the No. 160 overall pick in last week’s draft, which Columbus used on OHL Oshawa center Owen Griffin. They’re taking a flyer on a younger, higher-ceiling option in Tarasov after clearing cap room at the trade deadline by trading top prospect Spencer Knight to the Blackhawks in the Seth Jones trade and replacing him with veteran stopgap Vitek Vanecek down the stretch. The latter won’t be back with the Cats and will hit the open market after making seven regular-season appearances and seeing no postseason action behind star starter Sergei Bobrovsky.
Tarasov looks to get his development back on track with Bobrovsky as his mentor after an inconsistent few seasons as Elvis Merzlikins‘ primary backup in Columbus. This past season was particularly difficult for the Russian, who managed a .881 SV% and 3.54 GAA with a 7-10-2 record in 19 starts and one relief appearance. He allowed 4.4 goals above expected, per MoneyPuck. That diminished his trade value, but his resume in Columbus on the whole is more acceptable – a .898 SV%, 3.44 GAA, one shutout, and a 19-34-6 record in 65 career appearances over the past four years.
The signing also means Florida is officially over the cap after also getting new deals registered for Aaron Ekblad, Brad Marchand, and Tomas Nosek in the last 24 hours. PuckPedia has updated its roster projections to reflect a “full” 21-player roster, although they’re $2.175MM in the red and will need to replace a mid-tier salary, potentially forward Evan Rodrigues‘ $3MM cap hit, with a league-minimum one in a trade to be cap-compliant to start the year if they have no LTIR-eligible injuries.
Panthers Sign Brad Marchand To Six-Year Extension
July 1: The Panthers have confirmed the six-year deal for Marchand while not disclosing financial terms. The exact cap hit is $5.25MM, per PuckPedia.
June 30, 6:20 p.m.: Unsurprisingly, TSN’s Pierre LeBrun reports that Marchand’s new contract is heavily frontloaded. He’ll make just $1MM in base salary each year, and the rest will be paid out in signing bonuses. For trade protection, LeBrun indicated that he’ll get a full no-movement clause for the first four years before transitioning to a modified no-trade clause in the final two years.
4:13 p.m.: The Panthers are signing winger Brad Marchand to a six-year extension “just under” $32MM in total, according to Elliotte Friedman of Sportsnet. The cap hit will be roughly $5.3MM.
Shockingly, after reportedly agreeing to a new long-term contract with defenseman Aaron Ekblad earlier today, the Panthers were able to retain all three of their prominent pending unrestricted free agents. For Ekblad and Marchand, Florida re-signed both on extremely team-friendly deals, in terms of their salary.
Still, it’s difficult not to question the terms of Marchand’s new contract. The two-time Stanley Cup champion is entering his age-37 season, meaning he’ll be 43 upon expiration. It’s quite uncommon for a player of Marchand’s age to sign a deal of such length. Kris Letang of the Pittsburgh Penguins could be the only recent comparable, signing a six-year extension beginning in his age-35 season.
In Marchand’s defense, he hasn’t shown signs of slowing down. Since turning 30 years old ahead of the 2019-20 campaign, Marchand has scored 198 goals and 521 points in 498 games with a +104 rating, averaging 19:02 of ice time per game. He’s received multiple votes for the Hart Memorial Trophy and Frank J. Selke Trophy in that time.
His postseason performances have been equally impressive. In that same time frame, Marchand has scored 45 goals and 98 points in 96 postseason contests between the Boston Bruins and Florida Panthers with a +23 rating. His playoff excellence came to a head a few weeks ago, finishing second place in Conn Smythe Trophy voting behind teammate Sam Bennett after the Panthers won their second consecutive Stanley Cup Final.
Now, by keeping Marchand for the foreseeable future, the Panthers will not only have a formidable top-six to stagger opposing teams, but will continue to have a third line that few teams will be able to match up against.
It’ll be interesting to see how General Manager Bill Zito fits the rest of Florida’s group with nearly $20MM doled out to Bennett, Ekblad, and Marchand. There will be more clarity on the Panthers’ salary cap picture tomorrow. They’ll need to find space for new deals for forward Mackie Samoskevich and netminder Daniil Tarasov. Still, they can rest easy knowing all the key players from their most recent Stanley Cup championship team are returning next season.
UFA Notes: Allen, Schmidt, Ceci, Perry, Asplund
The Devils are likely to go “down to the wire” on extension talks with goaltender Jake Allen before the market opens at 11 a.m. CT today, independent insider Frank Seravalli reports.
Allen was a spectacular backup option to Jacob Markström in his first full season in Jersey. There’s no surprise that they’ve expressed strong interest in retaining him, but they’ll likely have to commit significant financial resources to do so. He’s the clear top goalie available amid a weak market and could very well have multiple offers out there for three or more years with an AAV north of $5MM.
Would the Devils be willing to make him their highest-paid goaltender for a season? Markström has some salary retained by the Flames, so he only costs $4.125MM against the cap as he enters the final season of his contract. A multi-year commitment to the 34-year-old Allen might still be a good idea to help guard against a potential Markström departure next summer, especially with no true blue-chip prospects in the system.
Despite a 13-16-1 record, Allen put up better numbers than Markström last year in 20 fewer starts with a .906 SV% and 5.0 GSAA while tying him with four shutouts. He may decide to at least wait to test the market to see if a goalie-needy team like the Sharks, who also need to add nearly $20MM in cap hits next season to reach the floor, gives him an offer he can’t refuse.
Other notes of interest before the market opens:
- While the Panthers have managed to get extensions done for Sam Bennett, Aaron Ekblad, Brad Marchand, and now depth forward Tomas Nosek in the last few days, the same won’t happen for defenseman Nate Schmidt. He’ll head elsewhere on the open market today after recouping some market value on a one-year deal with Florida following a buyout by the Jets, according to Pierre LeBrun of TSN and The Athletic. Schmidt, 34 in July, had 19 points in 80 regular-season games but broke out for a 3-9–12 scoring line and a plus-nine rating in all 23 playoff games for the Cats.
- Another UFA Florida will lose is depth forward Rasmus Asplund. Swiss National League club HC Davos announced they’ve signed him to a two-year contract. Asplund, 27, saw just six games of NHL action with Florida this year and instead spent most of the season with AHL Charlotte, where he had 20 goals and 43 points in 63 games.
- With the Kings expecting to lose Vladislav Gavrikov in free agency today, they’ve shown interest in inking Cody Ceci on the open market to help recoup some defensive depth, per Elliotte Friedman of Sportsnet. A righty compared to Gavrikov’s left-shot, Ceci might be more of a direct replacement for the recently-traded Jordan Spence rather than Gavrikov. The 31-year-old had 24 points and a plus-six rating in 85 games last season between the Sharks and Stars while averaging 21:13 per game, his fourth straight season above the 20-minute mark.
- The Flyers will make a play for veteran winger Corey Perry today, Friedman says. The 40-year-old may have priced himself out of a new deal with the Oilers following a renaissance postseason performance for Edmonton, ranking second on the team with 10 goals in 22 games.
Panthers Sign Tomas Nosek To One-Year Extension
The Panthers have reached a one-year extension with center Tomas Nosek to keep him from unrestricted free agency today, according to Pierre LeBrun of TSN and The Athletic. He’ll earn the league minimum $775,000 salary on a one-way deal.
The cap-strapped Cats will likely sign a few similar deals today as they aim to assemble as complete a roster as possible. Retaining Nosek is a fine first step, bringing them to 18 players on their projected active roster, although the next deal they sign will put them over the cap for now. They have just $500,000 in space following his signing, per PuckPedia, but teams can exceed the cap by up to 10% during the offseason.
Nosek, 32, returns for his second season in Florida after inking a one-year, league-minimum pact in free agency last summer. Calling him a regular may be a stretch – he was often in the lineup for long stretches before sitting for weeks at a time. He appeared in 59 regular-season games, contributing a goal and nine points while averaging 9:49 per game. He was valuable in the faceoff dot (51.8%) and had a plus-four rating, so his non-offensive impacts were strong, but that was his worst production on a per-game basis since emerging as a full-time NHLer with the Golden Knights in 2017-18.
In the playoffs, Nosek was a healthy scratch for their first-round series against the Lightning but played for the remainder of the postseason after making his debut in Game 3 of the second round against the Maple Leafs. He contributed three assists and a plus-four rating in 16 games, seeing more deployment (11:10 per game) than he did in the regular season.
The Panthers have their top nine forward group filled out – even if they trade a forward to clear cap room, their role will likely be replaced by unsigned RFA Mackie Samoskevich. Nosek will be tasked with playing a more consistent role in the lineup next season, but shouldn’t see much increased responsibility when dressed as their fourth-line center.
Panthers Working On Re-Signing Nosek
After re-signing Aaron Ekblad earlier today and agreeing to terms on a new contract for Brad Marchand, the Panthers might not be done just yet. David Pagnotta of The Fourth Period reports (video link) that Florida is also working on a new contract for pending unrestricted free agent center Tomas Nosek. The 32-year-old inked a one-year deal worth the league minimum of $775K on the opening day of free agency last summer and, when healthy, was largely a regular on their fourth line. Nosek picked up a goal and eight assists in 59 games this past season while winning more than half his faceoffs for the eighth straight season. Speculatively, should a new deal be reached, it should check in at or near the minimum salary once again.
Panthers Sign Aaron Ekblad To Max-Term Extension
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.
Free Agent Notes: Marchand, Gavrikov, Provorov, Granlund, Faksa, Pezzetta
If the Panthers can’t get a deal done to keep Brad Marchand in Florida before the market opens tomorrow, Darren Dreger of TSN expects the Bruins, Mammoth, and Maple Leafs to be his most aggressive suitors in free agency.
A Boston reunion would be surprising given there’s been no change in the front office that wasn’t willing to match Marchand’s cheaper requests for an extension during the season, resulting in the Bruins trading their captain to the Panthers at the deadline. Nonetheless, it’s a financially feasible move for them and one that would address their rather significant need for top-six forwards. The club still has $12.74MM in cap space after getting extensions done for names like John Beecher, Morgan Geekie, and Henri Jokiharju in the last 24 hours, per PuckPedia. Marchand would likely command a contract in the $8MM range annually if he hits the open market.
While Utah has seemed to dial back its rhetoric of making a significant free agent splash, instead placing complete trust in its young core and opting for more youthful pickups via trade, like JJ Peterka, Marchand might make more sense on a shorter-term contract. They still have nearly $15MM in cap space and enter 2025-26 with one of the youngest forward groups in the league – their only forwards 30 or older are Alexander Kerfoot and Liam O’Brien.
The Leafs also have their cap flexibility for Tuesday dialed in after getting rather affordable extensions done for Matthew Knies ($7.75MM) and John Tavares ($4.38MM AAV) in the last few days. They’d presumably be one of the more appealing fits for Marchand to remain both with a contending team and in a top-six role, potentially even seeing top-line minutes in place of the departing Mitch Marner.
Here are a few more rumors from around the NHL ahead of the official start of free agency on Tuesday:
- Pierre LeBrun of TSN and The Athletic relays that the Kings are making a last-ditch effort today to reach an extension with defenseman Vladislav Gavrikov. While general manager Ken Holland said over the weekend he expects Gavrikov to test the market, L.A. still hasn’t heard back from Gavrikov’s camp on their final offer.
- While things were quiet on extension talks between the Blue Jackets and defenseman Ivan Provorov for weeks, they re-engaged in negotiations yesterday, Aaron Portzline of The Athletic reports. They presumably decided getting yesterday’s extension for Dante Fabbro done, ensuring they retain depth on their weaker right side of the blue line, was a priority over Provorov’s talks.
- Center Mikael Granlund and the Stars continue to have mutual interest in an extension, according to LeBrun. It still looks unlikely something will get done before tomorrow with the Stars having just $980K in projected cap space for next season, but they could reach a handshake agreement if Dallas is confident they can move out other contracts to make Granlund’s money work. They’ve already been successful in retaining vets Jamie Benn and Matt Duchene on below-market-value deals.
- Depth pivot Radek Faksa will have plenty of options tomorrow if he reaches the market, given the lack of centers available, but there’s still the possibility he stays with the Blues. The two sides remain in extension talks, says Jeremy Rutherford of The Athletic.
- The Maple Leafs are among the teams expected to have interest in Canadiens enforcer Michael Pezzetta, assuming he hits the market tomorrow, reports LeBrun.
Offseason Checklist: Florida Panthers
The offseason has arrived with the draft now complete and free agency fast approaching. Accordingly, it’s time to look at what each team needs to accomplish this summer. We wrap up our series with a look at the Stanley Cup-winning Panthers.
Late in the regular season, things weren’t looking great for Florida. The team was banged up and underachieving, slipping to third in the Atlantic Division, finishing just one point ahead of Ottawa who occupied the first Wild Card spot in the East. However, they once again showed that they were a team built for the playoffs, taking care of business to win the Cup for the second straight year. Now, GM Bill Zito has some work to do in the coming days to keep his team intact as much as possible.
Bridge For Samoskevich
While Florida has several pending unrestricted free agents (that we’ll look at in more detail shortly), they have one restricted free agent of some significance in winger Mackie Samoskevich. The 22-year-old is coming off his first full NHL season and needs a new contract although he qualifies as a 10.2 (c) player and is therefore not eligible for an offer sheet. That helps take the pressure off as there won’t be an inflationary offer coming in that could mess up the rest of their plans.
The 22-year-old played in 72 games with the Panthers this season, notching a solid 15 goals and 16 assists despite only averaging 13:19 per game. However, he was used only sparingly in the playoffs, dressing for just four outings, only one of those coming after the first round. With just seven other regular season games to his name from 2023-24, this is a profile that screams bridge contract.
If the Panthers want to leave as much flexibility as possible for next season, a one-year deal might only check in around the $1.25MM range. Alternatively, a two-year pact would likely push the AAV closer to $1.5MM per season. With no true pressure points, this is a case that could drag on a bit but there’s value in getting something done sooner rather than later so they know how much they have to spend on their core free agents.
Keep Key Free Agents
One of Florida’s ‘big three’ potential unrestricted free agents is off the market with the team announcing on Friday that center and Conn Smythe Trophy winner Sam Bennett had signed an eight-year, $64MM contract to remain with the Panthers. That leaves them with $11MM in cap space, per PuckPedia, and two key players to try to keep, defenseman Aaron Ekblad and winger Brad Marchand.
Ekblad has been a fixture on the back end for the Panthers since they made him the first overall selection back in 2014. He has been a full-time NHL player ever since and ranks second to only Aleksander Barkov for games played in franchise history. Between missing a few games due to injury and a 20-game late-season suspension for a violation of the NHL/NHLPA Performance Enhancing Substances Program, Ekblad is coming off a quieter year by his standards but he still had 33 points in 56 games while logging 23:31 per night of ice time. He’s still capable of playing on the top pairing and being an all-situations player for several more years. But with a lot of mileage already, is Florida willing to give him a max-term deal? Meanwhile, Ekblad appears to be in a position to command something around the $7.5MM he made on his expiring eight-year contract as the top right-shot option on a market largely bereft of impactful players on that side which gives him a lot of leverage in talks.
As for Marchand, this was not a situation that either side would be in. When he was acquired at the trade deadline, the expectation was that he’d be a good secondary contributor and then probably move on. But Marchand wound up being an instrumental part of their Cup run, chipping in with 10 goals and 10 assists in 23 games despite primarily playing in Florida’s third line. Coming off a 51-point regular season, his stock is now quite high as well to the point where a raise on the $6.125MM he made on his set-to-expire contract is now doable, something that seemed very unlikely just a few months ago.
Zito has made it clear he wants to keep both of these players but the math simply doesn’t work. One is an option but if they want to keep Ekblad and Marchand in the fold, they’re going to have to get creative and also move a player or two out. Less than 72 hours away from the start of free agency, he’ll have to move fast.
Goalie Work
There’s work to do on a few fronts between the pipes for Florida this summer. None of them necessarily qualify as significantly pressing but will require action at some point.
The first involves starting extension talks with Sergei Bobrovsky. When Florida dealt Spencer Knight in the Seth Jones deal (leading some to believe Jones would replace Ekblad on the back end long-term), their in-house replacement for Bobrovsky went away. Now, instead of potentially handing him the crease in 2026-27, working out a new deal for the 36-year-old seems like the route they’re going to try to take as a short-term solution. It’s fair to say that the price tag won’t come close to the $10MM he’s making now but a two-year pact around the $6MM or so range would buy Zito a little more time to find a longer-term replacement. The sooner they get that deal secured, the more confidence they can have about taking on money for 2026-27. But it’s not necessarily something that has to be done over the next few months.
Florida got ahead of what was the next item on this list when they acquired goaltender Daniil Tarasov from Columbus earlier this week. It’s expected he’ll take the place of Vitek Vanecek, who was acquired at the deadline to take Knight’s vacated spot, as Bobrovsky’s backup next season. Now, they need to get him under contract. He’s owed a qualifying offer of $1.26MM but the offer also carries arbitration rights, something they’d likely prefer to avoid. With that in mind, it’s likely that they’d like to get something done soon or close enough where they could non-tender him and then sign him after that, a strategy that teams have started to employ more often in recent years.
The other thing they need to do is land a veteran third-stringer. That was Chris Driedger’s role for most of the year before he was traded for Kaapo Kahkonen who played a big role in AHL Charlotte getting to the Calder Cup Finals. They have prospect Cooper Black signed for one more year and he did quite well with the Checkers, albeit in limited action. They’ll likely want to give him more action next season so a veteran who can split starts and also be called up to be the backup in a pinch in the NHL is the type of player they’ll likely want. There will be several of those available so they’ll just have to ensure that they’re able to get a deal done with one of them.
Add Defensive Depth
At the moment, the Panthers only have five NHL blueliners under contract for next season. One of those is Uvis Balinskis who was largely a regular during the regular season but was a healthy scratch 18 times in the playoffs. Ekblad returning would make a big difference and shift the focus toward adding some injury insurance and depth above all else.
Nate Schmidt was one of the players signed last year to serve that depth role and he fared quite well to the point where he’ll either have to take a below-market deal to remain with the Panthers or move on. At this point, the goal should be to try to find someone who can fill that type of role on the third pairing (16-17 minutes a night) for around that price tag to, again, maximize their spending room on their top players. An extra one of those players would also be handy in an ideal world.
Internally, Tobias Bjornfot is someone who has been a depth defender but as a pending RFA with arbitration rights and 134 career NHL games, he’s a non-tender candidate to avoid any risk of a higher-than-desired award. He’s the only reserve list defender with some NHL experience although Mike Benning has shown some promise and could be in the mix for a recall at some point. With that in mind, a veteran defender who could start with the Checkers and be injury insurance would also be useful.
Photo courtesy of Timothy T. Ludwig-Imagn Images.