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Canadiens Acquire, Extend Noah Dobson From Islanders

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The Montreal Canadiens are set to acquire high-scoring defenseman Noah Dobson from the New York Islanders, per NHL.com’s Kevin Weekes. The deal was later confirmed by Sportsnet’s Elliotte Friedman, who shares that the Islanders signed Dobson to a maximum-term, eight-year contract before moving him to Montreal. That extension will carry a total value of $76MM, or an annual average value of $9.5MM.

In return, the Islanders will receive both of Montreal’s draft picks in the 2025 first-round – picks 16 and 17 – as well as forward prospect Emil Heineman, per Friedman.

After multiple days of rumors, Montreal has landed the big fish in high-end scorer Dobson. The move will give Montreal more oomph to an already high-octane offensive group manning their blue-line. Dobson managed a career-year at the age of just 24 during the 2023-24 campaign, when he managed 10 goals and 70 points in 79 games. He became the first Islanders defenseman since Stanley Cup-winner Denis Potvin to reach the 60-assist mark.

That breakout performance was a gradual ramp-up after Dobson managed 13 goals and 51 points in 2021-22, and 13 goals and 49 points in 2022-23. He’s climbed the ranks of offensive output and reached double-digit goals in every full season of his NHL career. That includes reaching 10 goals again this year, though his point total took a surprising tumble to 39 points in 71 games played.

That sudden spike in scoring, and a fall to a minus-16 after posting a plus-12 last year, brought out many skeptics to Dobson’s overall upside. But it’s worth noting that New York scored the fifth-fewest goals in the NHL this season (222), 23 fewer than they managed in Dobson’s breakout campaign in 2024. A bulk of that decrease can be attributed to Islanders’ star forward Mathew Barzal missing all but 30 games of this season, after leading the Islanders in scoring in 2023-24.

Dobson’s scoring totals are near-second-to-none in the league. He ranks fifth among U25 defensemen in total goals scored over the last five seasons (49), behind Cale Makar (104), Rasmus Dahlin (70), Evan Bouchard (54), and Quinn Hughes (51). Dobson also ranks sixth in total points (223) behind Makar (378), Hughes (353), Dahlin (275), Adam Fox (266), and Bouchard (237).

But Dobson’s defensive prowess remains scrutinized. Among the same sample – U25 defenders over the last five years – only seven players have been on the ice for more goals-against than Dobson’s 346. He’s also been on the ice for the eighth-most expected goals-against (xGA; 385.53), per Evolving Hockey. Of the bunch, he boasts the fourth-best goal-differential (+82).

There’s a lot to like, and a lot to be nervous about in how Dobson has blazed his path through his first four full seasons in the NHL. But that argument aside, there seems no denying that he’s among the sheer best, young offensive-defensemen in the NHL. His growth into a star, top-pair role in New York far exceeded the 12th-overall draft spot he earned in the 2018 NHL Draft – and likely exceeds the paths any options at Montreal’s previous 16th and 17th overall slots this year would have yielded. He’s a premier scorer, and will join another emerging superstar on Montreal’s defense in Lane Hutson. Hutson reached the 60-assist mark as a 20-year-old rookie this season, and earned the Calder Trophy because of it.

Both Hutson and Dobson dominate possession on their line – and excel at gaining momentum through their drives in the neutral zone. They’ll be elusive and effective play-drivers, but man need to play off of each other’s pairings to give Montreal the best results. That will be where other young Montreal defenders have a chance to step up – with Kaiden Guhle and David Reinbacher likely the future glue pieces holding the offensive-stars down. How Montreal pursues that deployment, or even if they’ll maintain their current structure at all, will be headlines worth following through the rest of the summer.

Meanwhile Heineman will fall as the unheralded addition to a draft-day blockbuster. The 23-year-old winger played through his rookie NHL season in Montreal’s bottom-six this year. He managed 10 goals and 18 points through 62 games, though looked in need of a spark through multiple points in the year. This move marks the third time that Heineman has been moved by his NHL club – after previously being traded from the Florida Panthers to the Calgary Flames in a 2021 deal that landed Florida Sam Bennett; then from the Flames to the Canadiens in a 2022 trade that sent Tyler Toffoli to Calgary.

Photo courtesy of Wendell Cruz-Imagn Images.

Maple Leafs Sign John Tavares To Four-Year Extension

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The Toronto Maple Leafs are in the final stages of signing John Tavares to an extension. The move was first reported by TSN’s Darren Dreger. It was later confirmed by the player on the Instagram page for the John Tavares Foundation — and then by the team themselves. Dreger adds that the deal with be a four-year, $17.52MM extension with an annual average value of $4.38MM.

Tavares’ extension will include $2MM in deferred salary – a practice soon to be outlawed in the NHL’s next collective bargaining agreement, per Chris Johnston of The Athletic. Johnston also shares that Tavares’ deal will carry a no-movement clause through the first two seasons, and a five-team no-trade list in the final two.

Toronto gets an important piece of business accomplished, for a price well under what many Leafs fans expected. The deal is a near-$4MM discount against Tavares’ player value, calculated by The Athletic’s statistician Dom Luszczyscyn. Tavares was coming off of a monstrous, seven-year, $77MM contract signed with Toronto on July 1st, 2018. The deal ate up 13.84 percent of Toronto’s cap-hit at the time, and often served to limit the team’s roster flexibility, alongside lofty deals for Auston Matthews, Mitch Marner, and William Nylander.

Now age 34, Tavares will drop his cap hit by nearly two-thirds, and likely ride out the remainder of his career in a Maple Leafs jersey. He’s a Mississauga native, with deep roots in and around the Leafs organization. That includes serving as the team’s captain from 2019 to 2024. He was replaced this season by Matthews.

Tavares’ last contract was often scrutinized, but his performance on the deal should be remembered fondly. He filled a hardy role as the team’s second-line center for the duration of the contract, and totaled 222 goals and 493 points in 515 games. That mark ranks third on the Maple Leafs since the start of the 2018-19 season, behind Marner (611 points in 498 games) and Matthews (595 points in 485 games). Tavares also scored 31 points in 51 playoff games in that stretch – fifth on the Leafs behind Matthews, Nylander, Marner, and Morgan Rielly.

Tavares has been a staple of every lineup he’s played for. Prior to joining his hometown Maple Leafs, he was the quintessential top-line center for the New York Islanders spanning nine seasons. The Islanders originally drafted Tavares first-overall in the 2009 NHL Entry Draft, following the end of his exceptional status career in the OHL. He joined the team immediately following his draft, and scored an impressing 54 points in 81 games as a rookie.

His hot-start in the NHL continued to grow-and-grow over his time with the Islanders. Tavares recorded 31 goals and 81 points in the 2011-12 season, and topped that again with 38 goals and 86 points in 2014-15. By that time, he had already served two full years as the Islanders’ captain, and earned the second all-star berth of his career. Tavares would remain New York’s captain, and a perennial all-star, until he left the squad after the 2017-18 campaign.

Tavares’ departure from Long Island, NY was one of the most scrutinized moves in recent NHL history. It was seen by many as a captain abandoning his post, with a preference for the glitz and glamour of a big market. The Islanders have appeared in four of a possible six postseasons since Tavares’ departure, while Toronto has made the playoffs in every year since their big addition.

In a summer where Toronto seems headed for a sure breakup with superstar winger Marner, they’ll opt to not shake the boat too much by also losing Tavares. Instead, Tavares will remain locked-in as Toronto’s second-line center through the foreseeable future. He scored a stout 38 goals and 74 points in 75 games this season – his highest scoring pace since netting 36 goals and 80 points in 80 games of the 2022-23 campaign. Those are electric scoring totals for a player well over the hill of his NHL career. At a cheap price for the next four seasons, even two-thirds of those scoring totals would make Tavares a contract worth hanging onto.

Photo courtesy of Nick Turchiaro-USA TODAY Sports.

Sharks To Buy Out Marc-Édouard Vlasic

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June 27: Vlasic has cleared waivers and can now be bought out, according to Chris Johnston of The Athletic and TSN.

June 26: The current active longest-tenured member of the San Jose Sharks will see his run with the team conclude. According to Sportsnet’s Elliotte Friedman, the Sharks have placed defenseman Marc-Édouard Vlasic on unconditional waivers for contract termination. The Sharks organization has confirmed the news from Friedman.

Vlasic’s buyout from the Sharks marks an unceremonious end to an incredible tenure in San Jose. As it currently stands, Vlasic is the franchise’s second all-time in games played, eighth all-time in points, and first all-time in defensive point shares.

In his decision regarding the buyout, General Manager Mike Grier stated, “This was a difficult decision to make today, with how much Marc has meant to the San Jose organization for 19 years. I was fortunate enough to be here with Marc for his first season with the Sharks, and knew he would become a great defenseman. Over the course of his career in the NHL, Vlasic was one of the premier shutdown defensemen, earning tough defensive assignments on the ice against the best players in the world and doing it with effectiveness.”

There are no discrepancies in Grier’s statement. In his prime, Vlasic was arguably the game’s top shutdown defenseman, averaging nearly 22 minutes a game from 2009 to 2020, accruing 1,545 blocked shots and earning several nominations for the Lady Byng and Norris Trophies.

San Jose drafted Vlasic with the 35th overall pick of the 2005 NHL Draft, making his debut a few years later. Vlasic finished sixth in Calder Trophy voting that season, scoring three goals and 26 points in 81 games, and earned a spot on the NHL’s All-Rookie Team.

Since Corsi tracking began in the 2007-08 season, Vlasic had a rate of approximately 53.0% from 2007 to 2016, an impressive output for a defenseman who started nearly 57.0% of his shifts in the defensive zone. In that time, Vlasic never had an on-ice save percentage at even strength lower than 90.0%, proving his ability to keep pace with any opposing team’s top unit.

Vlasic’s value burned brightest during the Sharks’ run to the Stanley Cup Final in 2016. The veteran scored one goal and 12 points in 24 postseason contests, finished at the top among the qualified players with a +14 rating, and averaged 2.83 blocked shots per game. Unfortunately, San Jose was unable to capture their first Stanley Cup championship in franchise history, losing to the Pittsburgh Penguins in the first half of their back-to-back run.

Due to his illustrious career with the organization, the Sharks signed Vlasic to an eight-year, $56MM contract in 2017, which was expected at the time to be his final contract in the NHL. Unfortunately, even two years into the deal, due to injuries and ’Father Time’ remaining undefeated, Vlasic’s contract quickly became an unappreciated anchor for San Jose.

Since the second year of the contract, Vlasic has scored 17 goals and 68 points in 358 games with a disastrous -90 rating. His possession metrics have similarly taken a nosedive, falling to 42.2% at even strength this past season. With several defensive prospects looking for regular playing time in 2025-26, the Sharks no longer had a necessity for Vlasic to remain on the roster.

Although the last several years will put a damper on his total output with the team, Vlasic concludes his career as a Shark with 84 goals and 379 points with a +42 rating in 1,323 games over 19 seasons, with an additional six goals, 39 points, and +20 rating in 142 postseason contests.

Now, San Jose will owe Vlasic a reduced rate of $4.67MM in 2025-26 and $1.167MM in 2026-27. According to PuckPedia, the Sharks have more than $44MM to spend this offseason and could become one of the most active teams in recent memory. Even if Grier doesn’t plan on exhausting all of San Jose’s financial flexibility this summer, he’ll need to spend more than $19MM to reach the cap floor.

Photo courtesy of Stan Szeto-Imagn Images.

Oilers Sign Trent Frederic To Eight-Year Extension

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11:00 a.m.: Frederic’s eight-year deal is official and is worth $30.8MM, as reported, the team confirmed.

9:05 a.m.: As expected, the Oilers are set to finalize an eight-year extension for forward Trent Frederic on Friday, Elliotte Friedman of Sportsnet reports. The total value will be in the $30MM range for an AAV and cap hit of just under $4MM. TSN’s Darren Dreger narrows it down to a $3.85MM AAV for a total value of $30.8MM.

It’s a big payday for a player whom Edmonton hasn’t had a lot of eyes on since they acquired him from the Bruins before the trade deadline. He was dealing with an ankle injury at the time of the deal, only to re-injure it in his first game as an Oiler on April 5. He was back two weeks later for the playoffs, where the gritty and versatile 6’3″ forward was limited to four points in 22 games while averaging 11:24 per game.

That makes such a long-term and well-compensated commitment for someone who played as limited a role as Frederic did in the postseason quite shocking. Edmonton is clearly signing this deal not based on the role he played but the role they anticipate him playing moving forward, though. They’ve already lost a top-nine winger this offseason by trading Evander Kane to the Canucks and could still be poised to lose another in an additional cap-clearing trade. They could also lose all of Connor Brown, Kasperi Kapanen, Corey Perry, and Jeff Skinner to the open market next week, gutting their wing depth.

As such, Frederic is slated for a significant increase in deployment next season, potentially as high as top-six duties on a line with Leon Draisaitl or Ryan Nugent-Hopkins down the middle, depending on which one more frequently flexes up to play on Connor McDavid’s wing. In doing so, the Oilers hope he’ll not only rediscover but exceed the offensive form he found during the 2022-23 and 2023-24 seasons with Boston.

The 2016 first-rounder’s development was a slow burn, but he finally arrived as a legitimate top-nine piece in those years, totaling 71 points and a +37 rating in 161 games despite only averaging 12:51 per game. He posted a career-high 18 goals, 40 points, and 204 hits in all 82 games with Boston last year before experiencing significant offensive regression in 2024-25. Before the deal to Edmonton, Frederic managed an 8-7–15 scoring line with a -14 rating in 57 games for the B’s.

While that explains the cap hit, it will remain interesting to hear the organization’s rationale for doling out an eight-year contract for a player already in their peak years at age 27 with a relatively limited track record of middle-six production. Frederic will now be under contract with Edmonton through the 2032-33 season, his age-34 campaign.

The Oilers will be down to $12.35MM in cap space for next season after Frederic’s deal is registered. The overwhelming majority of that will be taken up by a new deal for RFA defenseman Evan Bouchard that’s expected to cost at least $10MM. That would leave the Oilers with around $2-3MM in space to fill two roster spots, enough to round out the roster but not to make any high-profile additions.

Blue Jackets, Canadiens In Talks To Acquire Noah Dobson

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It appears the Islanders are set to move on from pending RFA defenseman Noah Dobson with the Blue Jackets and Canadiens as the sole contenders to acquire him, Chris Johnston of The Athletic reports. Pierre LeBrun of TSN and The Athletic relayed earlier this morning that the Blues were also in the mix, but Sportsnet’s Elliotte Friedman added Dobson wasn’t interested in signing a new contract with a team in the Western Conference. Marco D’Amico of RG was among the first yesterday to identify a connection between Montreal and Dobson.

Things have materialized rather quickly here. Dobson’s name was in trade speculation as far back as February, but it was stressed that they were only willing to part with him in the context of a specific trade that would presumably have netted them a forward of similar caliber in return. Days later, Dobson changed his representation in advance of starting extension negotiations with the Islanders.

Evidently, those discussions weren’t productive. Other teams – including Columbus and Montreal – appear prepared to offer him a price tag of $9.5MM per season on a long-term deal, Johnston reports. It’s unclear if the Islanders ever got to that number on an eight-year deal. It’s worth noting that the Blue Jackets and Canadiens can’t offer Dobson an eight-year contract because he wasn’t on their reserve list at the trade deadline. If he signs one, it’ll be because New York executes a sign-and-trade instead of just dealing his signing rights.

Both the Blue Jackets and Canadiens have two first-round picks in tonight’s draft. Columbus holds No. 14 and No. 20 overall, while the Canadiens hold No. 16 and No. 17. The Islanders will presumably land one, if not both of those picks, in a trade return. While it’s looking like they’ll select consensus top defense prospect Matthew Schaefer with the No. 1 overall selection tonight, they have an obvious interest and need for center help.

Long Island native James Hagens, once considered the top prospect in the class but now projected to go later in the top 10, would fill that need. They could presumably use one of the picks they acquire for Dobson as part of a package to trade up and land both names. Daily Faceoff’s Frank Seravalli reports that’s the organization’s preferred outcome here, rather than recouping roster players in return for Dobson.

Image courtesy of Charles LeClaire-USA TODAY Sports.

PHR’s 2025 Top 50 NHL Unrestricted Free Agents

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The past two weeks have already seen the offseason enter a period of high activity. Still, many big-ticket names remain available with just four days left to go until July 1. There’s only been a handful of last-minute re-signings, and while there’s sure to be more before the market opens, most of the top names look to be available.

While the depth of this year’s class doesn’t sniff last year’s, it does feature perhaps the highest-caliber player to test free agency since Artemi Panarin six years ago. As a reminder, our rankings and predictions are voted on by the entirety of our writing team based on a combination of talent perception and expected demand.

All predictions are independent and have no bearing on each other, while each player is presumed to be signing a one-way contract. Due to this year’s compact offseason schedule, voting was done before the buyout window opened and the June 30 qualifying offer deadline.

1. RW Mitch Marner / Anaheim Ducks / 7 years, $14.25MM AAV

Josh Erickson: It would surprise no one to hear that Marner was the unanimous No. 1 UFA among our writers. He’s the only bona fide top-line forward available and one of the league’s premier playmakers – not to mention he’s coming off a career-high 75 assists and 102 points in 2024-25. Since beginning his NHL career in 2016, the lifelong Maple Leaf is eighth in the league with 741 points in 657 games. After failing to advance past the second round with Toronto again, it’s become a foregone conclusion that he’ll be testing the open market and landing a well-compensated package to take his elite talent to another team.

Sign-and-trade with Golden Knights, 8 years, $12MM AAV

2. LW Nikolaj Ehlers / Carolina Hurricanes / 7 years, $8.5MM AAV

Josh: After Ehlers was limited to 0.74 points per game in 2023-24, his worst per-game showing in five years, there were questions about his long-term fit, and there was a legitimate chance of Winnipeg trading him before his walk year. The Jets stayed the course. While Ehlers lost a few games to injury, he rebounded with one of the better seasons of his career with 63 points in 69 games. A consistent top-six scoring threat who’s a slam dunk for 25 goals and 60 points, he’ll be among the most well-compensated players this summer, whether he stays in Winnipeg or not.

Signed with Hurricanes, 6 years, $8.5MM AAV

3. C Sam Bennett / Florida Panthers / 8 years, $8.25MM AAV

Josh: No one on this list has seen his stock rise more in the last few months than Bennett. The Flames selected him fourth overall in the 2014 draft, but it was a trade to Florida at the 2021 deadline that truly sparked his career. He’s got 196 points in 289 games since joining the Panthers and has served as their second-line center in back-to-back Stanley Cup wins, leveraging his hard-nosed and sometimes over-the-line style of play physically into a 15-goal, 22-point showing in this year’s playoffs that earned him a Conn Smythe Trophy. He’s a high-priority target for the Panthers to retain, and since they still haven’t worked out deals for their other pending UFAs, there’s little reason to believe this one won’t result in an extension.

Re-signed with Panthers, 8 years, $8MM AAV

4. C John Tavares / Toronto Maple Leafs / 4 years, $5MM AAV

Josh: While the veteran center is in no position to command the $11MM cap hit his expiring contract boasted, he’s still an extremely effective second-line center as he enters his mid-30s and would be a No. 1 option on weaker teams. He averaged 18:14 per game last season – his highest workload since COVID – and returned the favor with 38 goals and 74 points with a +10 rating in 75 games. While age-related decline is a valid fear in signing Tavares to any mid-to-long-term contract, he finished second in points among the players on his list and led them in goals by a significant margin. Whether he forgoes an extension with his hometown team and tests the market is the biggest question.

Re-signed with Maple Leafs, 4 years, $4.38MM AAV

5. D Aaron Ekblad / Florida Panthers / 7 years, $7.75MM AAV

Josh: It’s beginning to look like Ekblad may test the open market and find a new home after spending the first 11 years of his career with the Panthers. The 2014 first overall pick had dealt with health issues and declining point totals the past few years. He at least overcame the latter in 2024-25, rebounding for 33 points in 56 games while receiving expanded power-play deployment. He stayed healthy for the most part, too – most of his absence was due to a PED-related suspension late in the year.

Re-signed with Panthers, 8 years, $6.1MM AAV

6. RW Brock Boeser / Minnesota Wild / 6 years, $8.35MM AAV

Josh: Boeser will almost certainly move on from the Canucks this summer; they’re the only NHL organization he’s ever known since being drafted No. 23 overall in 2015. The 6’1″ winger seemingly delivered on his season a year ago, potting a career-high 40 goals and 73 points as the Canucks marched to a division title. Scoring woes plagued Vancouver this season, though, and his production dropped off to 25 goals and 50 points in 75 games. Injuries have been an issue for him over his entire career – he averages 64 points per 82 games but has only ever surpassed the 60-point mark once in actuality. While that would typically mean teams would be wary of giving him too large a contract this summer, his recent burst of production – and the fact he’s still just 28 – will be enough to make him one of the more well-compensated players on the open market this summer.

Re-signed with Canucks, 7 years, $7.25MM AAV

7. LW Brad Marchand / Toronto Maple Leafs / 2 years, $8MM AAV

Josh: While Marchand goes by many nicknames, Big Game Brad may be the most apt. After spending his entire career with the Bruins, the now-former Boston captain was shipped to the Panthers at the trade deadline. The 37-year-old had a somewhat underwhelming offensive showing in the regular season, which was presumably set to limit his market this summer. That all changed with a spectacular postseason showing, finishing as the runner-up to Bennett for the Conn Smythe after scoring 20 points in 23 games, including six goals in six Stanley Cup Final games. Age-related decline is a legitimate concern here, but teams may find him so desirable to give him more term than usual/expected to fend off other suitors.

Re-signed with Panthers, 6 years, $5.25MM AAV

8. D Vladislav Gavrikov / Detroit Red Wings / 7 years, $7.75MM AAV

Josh: Gavrikov enters the market as the top left-shot and top shutdown defenseman available after something of a breakout season in Los Angeles. The 29-year-old was given an extended run in top-pairing minutes for the first time to begin the season with Drew Doughty injured, and he delivered with his best NHL season out of his six. The 6’3″ Russian provided 30 points and a +26 rating while averaging north of 23 minutes per game. He also had spectacular possession impacts for his heavy defensive zone deployment. He’s shown he may not be the best fit on a weaker team in the past (his two-way numbers weren’t nearly as strong in his days with the Blue Jackets), but that likely won’t scare teams off, considering the strength of his platform year.

Signed with Rangers, 7 years, $7MM AAV

9. D Ivan Provorov / New York Rangers / 6 years, $7.25MM AAV

Josh: Provorov could be on the move to the third team of his career this summer. The Blue Jackets took a swing on retaining the pending UFA at the trade deadline – unfortunately, it didn’t materialize in a playoff berth and extension talks have reportedly been slow. He’s coming off a decent but not career year, posting 33 points and a +11 rating while logging heavy minutes in Columbus. One thing working in his favor despite historically average possession impacts and some visual defensive faults – he’s extremely durable, playing 696 out of 699 possible games since making his NHL debut in 2016-17.

Re-signed with Blue Jackets, 7 years, $8.5MM AAV

10. RW Claude Giroux / Ottawa Senators / 2 years, $5.25MM AAV

Josh: While Giroux is squarely in his twilight years, the 37-year-old still projects as an effective middle-six piece for the next couple of seasons. He still managed 15 goals and 50 points in 81 games for the Senators this season. While he’d likely prefer to remain with his hometown team after their first playoff appearance in a while in 2024, he remains without an extension a few days from the market opening. He’s a better fit stylistically on the wing at this stage of his career, but could be a great fit for a team looking for a veteran piece to pair with a young center who struggles in the dot. Giroux still takes a huge amount of faceoffs, winning a career-high 61.5% of them in 2024-25.

Re-signed with Senators, 1 year, $2MM AAV + $2.5MM in performance bonuses

11. C Mikael Granlund / Montreal Canadiens / 3 years, $5.5MM AAV

Brian La Rose: A couple of years ago, Granlund was basically salary ballast as part of the three-team Erik Karlsson trade.  But the opportunity to play a top-line role in San Jose gave the 33-year-old a chance to showcase that he can still be a solid offensive contributor with back-to-back seasons of at least 60 points while playing important penalty killing minutes as well.  That made him a key addition for Dallas at the trade deadline, and while he was a winger with them, he’ll be viewed as one of the better available centers in this market, putting him in a good position for another multi-year deal.

Signed with Ducks, 3 years, $7MM AAV

12. D Brent Burns / Carolina Hurricanes / 1 year, $5MM AAV

Josh: A Hall-of-Fame career is expected to continue for Burns in 2025-26 as he gears up for his 22nd NHL season. While he was still a top-pair threat heading into his age-39 season, Father Time began to catch up to him in 2024-25. He’ll enter the season at age 40 and coming off a highly underwhelming 29 points in 82 games while seeing a sharp reduction in minutes. He did finish as high as 10th in Norris Trophy voting as recently as two years ago and can still be a good top-four presence – something there aren’t many of on the open market this summer – but he likely won’t receive any multi-year offers.

Signed with Avalanche, 1 year, $1MM AAV + $4MM in performance bonuses

13. D Dmitry Orlov / Los Angeles Kings / 3 years, $5.5MM AAV

Josh: Orlov was No. 1 on this list in 2023 amid an exceptionally weak class. He was coming off a career season then, not so much now. There’s no denying Orlov, 34 next month, can still be an effective top-four piece, but he never lived up to the $7.75MM cap hit he signed for on his two-year deal with Carolina. That was mostly due to his deployment; he averaged only 18:36 per game for the Canes after seeing over 20 minutes per night for most of his career. The undersized but physical lefty posted 28 points and a +16 rating in 76 games this year but saw his stock fall due to a tough postseason in which his declining foot speed was exposed.

Signed with Sharks, 2 years, $6.5MM AAV

14. C Pius Suter / Minnesota Wild / 3 years, $5MM AAV

Brian: Two years ago, Suter didn’t have a particularly strong market, eventually needing to wait nearly six weeks before signing a low-cost two-year deal with Vancouver.  That shouldn’t be the case this time around.  Suter is coming off a career year with the Canucks, one that saw him score 25 goals, putting him in a tie for third-most among pending UFAs.  He was tied with Bennett and Boeser and behind Tavares and Marner.  Pretty good company to be in.  However, his shooting percentage jumped over 18%, a rate that’s usually viewed as unsustainable while he has only surpassed the 30-point mark once.  That means there’s some risk with the signing if he reverts more toward his career numbers but as a versatile two-way player, he can be an effective addition even if the offense takes a step back.

Signed with Blues, 2 years, $4.125MM AAV

15. LW Jonathan Drouin / Washington Capitals / 3 years, $4.5MM AAV

Josh: Reuniting with former junior teammate Nathan MacKinnon in Colorado has re-ignited Drouin’s career. The 2013 third-overall pick is still by no means a standalone top-line threat but has had two of the three best offensive seasons of his career with the Avalanche since first arriving in Denver as a free agent in 2023. While injuries, a common theme in Drouin’s career, limited him to 43 appearances this season, he still managed 11 goals and 37 points for the highest point-per-game output of his 11 NHL seasons. His value will be limited on the open market based on his career numbers outside of Colorado; in Tampa Bay and Montreal, Drouin averaged only 13 goals and 48 points per 82 games.

Signed with Islanders, 2 years, $4MM AAV

16. D Dante Fabbro / Columbus Blue Jackets / 6 years, $4.5MM AAV

Josh: Fabbro landed on waivers at the beginning of the season after he fell out of the regular lineup in Nashville. It was a blessing in disguise for the 2016 first-rounder, who was picked up by the Blue Jackets and emerged as a top-pairing threat alongside Zach Werenski. The 27-year-old had his birthday just last week and is one of the youngest options as a result. He had 26 points and a +20 rating in 68 games between Nashville and Columbus, averaging 20:54 per game with the best possession impacts of his career. He’s the second-best right-shot option on the market behind Ekblad and will get a nice bit of security if he doesn’t extend with the Jackets.

Re-signed with Blue Jackets, 4 years, $4.125MM AAV

17. RW Patrick Kane / Detroit Red Wings / 1 year, $5MM AAV

Josh: Kane has successfully rebounded from his major hip surgery two years ago. While not the perennial All-Star he was a decade ago, he’s still an effective top-six producer and future Hall-of-Famer. He’s scored 106 points in 122 games over the last two years with Detroit. His extreme defensive deficiencies at this stage of his career take away from his on-ice value, but the 36-year-old remains an effective point producer and a fine second-line option. Whether he’ll continue serving that role in Hockeytown remains to be seen, but it wouldn’t surprise anyone to see him extend what’s been a mutually beneficial fit so far.

Re-signed with Red Wings, 1 year, $3MM AAV + $4MM in potential performance bonuses

18. G Jake Allen / Philadelphia Flyers / 2 years, $3.5MM AAV

Brian: Allen hasn’t been a full-fledged starter for several years but is still considered the top goalie available on the open market this summer.  He’s coming off a solid showing in New Jersey as the backup to Jacob Markstrom and has played in at least 30 games in four straight seasons.  While there won’t be teams necessarily looking at him to be a number one option, he’s someone who can come in and stabilize the backup position and play starter minutes in the short term when injuries arise.  In a market bereft of proven and reliable options, Allen stands out as the one goaltender who can be counted on to be a steady performer, which will give him plenty of suitors.

Re-signed with Devils, 5 years, $1.8MM AAV

19. LW Andrei Kuzmenko / Los Angeles Kings / 3 years, $4.5MM AAV

Josh: Kuzmenko’s inconsistency has caused him to suit up for four different teams in his three-year NHL career, including two trades in 2024-25. It’s his high-end flashes and good timing that should lead to significant interest this summer, though. While he had just 11 goals in 66 games on the year after starting his NHL career with seasons of 39 and 22 tallies, respectively, he still put up a strong 5-12–17 scoring line in 22 games for the Kings after they picked him up from the Flyers at the deadline. He also had six points in six playoff games. While by no means a play-driver on his own, he’s proven time and again he can be a good fit as the third-best player on a line and a spectacular complementary scorer if deployed correctly.

Re-signed with Kings, 1 year, $4.3MM AAV

20. C Jack Roslovic / Philadelphia Flyers / 3 years, $3.5MM AAV

Brian: Roslovic has had his ups and downs and recent years and has been with three different organizations over the last 16 months.  However, while he’s prone to streakiness, he’s also one of the more consistent secondary scorers in terms of point production in this free agent class as he has surpassed the 30-point mark for the past five years.  Roslovic is coming off a 22-goal season and has shifted between center and the wing routinely over the years, a versatility that should be particularly appealing in a market that has lost some of its better options at center recently.

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Panthers Acquire Daniil Tarasov From Blue Jackets

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The Florida Panthers are making quick work to fill in their hole at backup goaltender. According to TSN’s Pierre LeBrun, the Florida Panthers have acquired netminder Daniil Tarasov from the Columbus Blue Jackets. In response to LeBrun’s report, Aaron Portzline of The Athletic shared that the Blue Jackets are acquiring a late-round draft pick in the trade. Columbus confirmed the trade, announcing they’ve acquired Florida’s 2025 fifth-round pick (160th overall) for their former backup.

As a potential non-tender candidate heading into the offseason, the Blue Jackets did decent work in not letting Tarasov leave for nothing. After being surpassed toward the end of the 2024-25 campaign by youngster Jet Greaves, there was little chance Tarasov would remain in Columbus for next season. Now, he’ll attempt to revive his career behind fellow countryman Sergei Bobrovsky.

There was a time when Tarasov was believed to be the future of the crease for the Blue Jackets. Columbus selected Tarasov with the 86th overall pick of the 2017 NHL Draft, and he quickly impressed a year later with the MHL’s Tolpar Ufa. After spending a few years in the Liiga and KHL, including a strong 2020-21 season with Salavat Yulaev Ufa, where Tarasov recorded an 11-3-2 record in 16 games and achieved a .925 save percentage, the Blue Jackets brought Tarasov to North America.

Unfortunately, his professional career in North America got off to a slow beginning. In his first two years with the Blue Jackets and their AHL affiliate, the Cleveland Monsters, Tarasov participated in just 43 games, which limited his development opportunities.

It wasn’t until the 2023-24 season that Tarasov became a full-time member of Columbus’ goaltending tandem. He managed an 8-11-3 record in 24 games with a .908 SV% and 3.18 GAA. His underlying metrics were strong, including 3.9 goals saved above average (GSAA) and a .565 quality start percentage, indicating that his development had returned to the right track.

Alas, this past season undid most of the positive steps he took a year ago. After starting the year as the backup again, Tarasov ended with a 7-10-2 record in 20 games, posting a .881 save percentage and a 3.54 goals against average, which caused his GSAA to drop to -10.5, resulting in the loss of his roster spot.

Given that Bobrovksy started 54 games for the Panthers during the 2024-25 season, and hasn’t shown any signs of slowing down, Tarasov should garner similar deployment next season. He’ll benefit from a stronger defensive core in front of him and may see his earning power grow before he becomes an unrestricted free agent before the 2026-27 NHL season.

Seattle Kraken Acquire Frédérick Gaudreau

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11:17 a.m.: Both teams have confirmed the trade.

10:32 a.m.: The Seattle Kraken are making their forward core tougher to play against.. According to Sportsnet’s Elliotte Friedman, the Kraken have acquired forward Frédérick Gaudreau from the Minnesota Wild for a draft pick. Frank Seravalli of the Daily Faceoff quickly added that the Kraken are sending their 2025 fourth-round pick (102nd overall) to the Wild.

For a second time since the Stanley Cup Final ended, the Kraken have taken advantage of a team looking to clear salary from their roster. Similarly to the trade that brought Mason Marchment to Northwest Washington, Seattle has procured a quality middle-six option on the cheap.

Gaudreau is coming to the Kraken on the heels of one of the better campaigns of his career. He finished the 2024-25 campaign fifth on the Wild in scoring with 18 goals and 37 points in 82 games. Although he’s best in a third-line role, Gaudreau spent much of the year in Minnesota’s middle-six due to injuries at the top of their forward hierarchy.

Although he showed more thump in his offensive output this past season, there is reason for pause. Gaudreau finished the campaign with a 16.4% shooting percentage, nearly double his career percentage leading up to the season.

On the defensive side of the puck, he was largely a net-zero. He had a dismal 44.2% CorsiFor% at even strength, but maintained a palatable 48.2% success rate in the faceoff dot with a 90.4% on-ice save percentage at even strength while starting 53.7% of his shifts in the defensive zone. It’ll be interesting to see if Seattle deploys Gaudreau as a center, given they’ve got Matty Beniers, Shane Wright, Chandler Stephenson, and Joe Veleno down the middle already. Either they’re planning on shifting Gaudreau or one of the aforementioned players to the wing, or the Kraken are planning another trade from their forward core, similar to trading away André Burakovsky.

Meanwhile, the Wild’s take on the trade is fairly obvious. Trading Gaudreau relieves another $2.1MM from their 2025-26 salary cap table, giving them $17.7MM in available space leading up to July 1st. Now, even if they were to sign Marco Rossi for his asking price of $7MM per season, the Wild would have more than $10MM left to bring more quality pieces into the fold.

Still, it’ll be interesting to see how they re-work their options down the middle if they were to trade Rossi. Top free agent options such as Brock Nelson and Matt Duchene have already been taken off the table, while John Tavares is still expected to re-sign with the Toronto Maple Leafs. As of now, if they trade Rossi without acquiring a prominent center in return, they’d likely enter the season with Joel Eriksson Ek and Ryan Hartman as their top two options down the middle.

Dallas Stars, Jamie Benn Agree To One-Year Extension

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10:04 a.m.: The Stars have confirmed the signing. Johnston expanded on the bonus structure, reporting that Benn would receive a $500K bonus for 20, 30, 50, and 60 games played, $500K for a Western Conference Final win, and $500K for a Stanley Cup Final win.

9:05 a.m.: According to TSN’s Pierre LeBrun, the Dallas Stars are close to re-signing their captain, Jamie Benn, on a one-year contract. LeBrun added that the contract should be completed today, while TSN’s Darren Dreger shares that the contract is bonus-heavy. According to Frank Seravalli of the Daily Faceoff, Benn’s contract will be a one-year deal worth $1MM, featuring performance bonuses similar to other contracts for players over 35. TSN’s Chris Johnston reports that the contract can become a $4MM deal, meaning Benn will have $3MM available to him in performance bonuses.

Once completed, the new deal will leave the Stars with under $1MM in cap space entering the offseason. It effectively eliminates any chance Dallas will retain trade deadline acquisitions such as Mikael Granlund and Cody Ceci, or forward Evgenii Dadonov. Still, there was little expectation the Stars would pursue extensions with those players anyway, and they have effectively brought back the team’s core with some shrewd moves from General Manager Jim Nill over the last week. 

Benn may no longer be a high-scoring power forward who can contend for the Art Ross Trophy, but he remains a crucial leader in the Stars’ locker room and a valuable secondary scorer. His scoring has declined significantly in recent years, dropping from nearly a point-per-game average in 2022-23 to 60 points in 2023-24 and 49 points in 2024-25.

Like any aging player, Benn’s foot speed has also declined in recent years. Although he has never been known for his speed, Benn ranked in the 76th percentile with 504 bursts of 18-20 mph during the 2021-22 season, while the average was 300. In comparison, he recorded 383 bursts in the 2024-25 season, with the average at 326, according to NHL EDGE data.

Still, what he’s lost in offensive capabilities and speed, he’s made up for on the defensive side of the game. For the first time since the 2021-22 campaign, and only the fourth time of his career, the Stars deployed Benn in the defensive zone more than the offensive zone. He responded as well as he ever had, earning a 90.6% on-ice save percentage at even strength, while maintaining an 11.7% team on-ice shooting percentage while he’s on the ice at even strength, the second-best output of his career regarding the latter category.

Effectively, even with the potential of the contract becoming a $4MM agreement, Benn’s new contract appears to be a steal if he continues his defensive prowess. The bonus structure of the contract allows Dallas to push most of the overtures to their 2026-27 salary cap table, when the salary cap rises to $104MM.

Photo courtesy of Jerome Miron-Imagn Images.

Mammoth Acquire, Extend J.J. Peterka

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The Buffalo Sabres are reportedly close to finalizing a deal that would send winger JJ Peterka to the Utah Mammoth in exchange for forward prospect Josh Doan and defenseman Michael Kesselring, per Sportsnet’s Elliotte Friedman. It’s been further announced that Peterka has agreed to a five-year, $38.5MM extension with the Mammoth, per Pierre LeBrun of The Athletic. The Mammoth later confirmed the trade and signing. It’s a late-night blockbuster, and a rare three-player swap with no additions.

Utah has now completed the franchise’s biggest trade under its new moniker. In Peterka, the Mammoth have acquired a consistent goal-scorer they can plug into their top six without having to part with too many quality assets. Kesselring and Doan filled important needs for the team last season, but they didn’t replicate what Peterka can bring to their offense.

The German-born winger was selected by the Sabres as the 34th overall pick in the 2020 NHL Draft, coming from EHC München in the DEL. A year later, after scoring nine goals and 20 points in 30 DEL contests and 10 points in only five World Junior Championship games, the Sabres knew that it wouldn’t be long before Peterka debuted in North America.

He did just that the following season. Primarily playing for the team’s AHL affiliate, the Rochester Americans, Peterka gave an impressive rookie performance, scoring 28 goals and 68 points in 70 games. Despite being named to the All-Rookie Team and finishing 10th in AHL scoring, Peterka lost out on the Dudley “Red” Garrett Memorial Award as the league’s most outstanding rookie to teammate Jack Quinn.

Despite playing in two games during the 2021-22 campaign, Peterka made the full transition to NHL hockey in 2022-23 and never looked back. Being a capable tertiary scorer during the 2022-23 campaign with limited ice time, Peterka became a full-fledged top-six winger the last two seasons, scoring 55 goals and 118 points in 159 games played.

Peterka has some defensive shortcomings to work on, which is to be expected of any young winger. Still, he brings a wealth of offensive capabilities and possession quality to plug into a similarly styled offense in Salt Lake City. Peterka will join the likes of Logan Cooley, Clayton Keller, Nick Schmaltz, Dylan Guenther, and Barrett Hayton and the Mammoth’s top-six, with every player falling under the age of 30.

Meanwhile, Buffalo adds a young, right-handed defenseman whom they’ve been coveting for some time. The team was oversaturated on the left side last season, with all four of the team’s highest-paid blue liners shooting from the left. Even at 25 years old, Kesselring has already proven to be a capable puck-moving defenseman who can hold his own in the defensive zone.

It’s hard to imagine the Mammoth thought Kesselring would become the player he is. The Arizona Coyotes acquired Kesselring from the Edmonton Oilers in 2023 as part of the Nick Bjugstad trade, whom they later re-signed the following offseason. They quickly assigned him to the AHL’s Tucson Roadrunners.

Since then, Kesselring has scored 12 goals and 50 points in 147 NHL contests, jumping into a top-four role with the formerly named Utah Hockey Club last season. The scoring totals may not stand out, but his possession and defensive metrics are impressive. He finished the 2024-25 campaign with a 53.7% CorsiFor% at even strength, and a on-ice save percentage of 92.2%. His positive possession quality should help the Sabres dramatically, as they finished the 2024-25 campaign as the league’s 17th-best possession team.

Lastly, Doan, the son of former Coyotes icon Shane Doan, comes to the Sabres organization without having made his mark on the NHL level. The former 37th overall pick in the 2021 NHL Draft has been a productive AHL scorer since his draft year, accumulating 40 goals and 78 points in 104 games.

Still, that talent hasn’t yet translated to the NHL level, and much of that can be explained by a lack of ice time. Doan finished the 2024-25 campaign with seven goals and 21 points in 51 games, averaging 13:31 seconds of ice time in a third-line role. Unfortunately, given the talent that the Sabres have on the wing in their top-six, Doan is likely destined for the same role in New York.

PHR’s Brennan McClain contributed significantly to this article.

Photo courtesy of Nick Turchiaro-Imagn Images.

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