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NHL

Matthew Caldwell, Shawn Thornton Leave Panthers For NBA

August 27, 2025 at 3:29 pm CDT | by Gabriel Foley 8 Comments

Florida Panthers’ team president and CEO Matthew Caldwell is set to leave the organization after 11 years to become the CEO of the NBA’s Minnesota Timberwolves and WNBA’s Minnesota Lynx, per David Dwork of The Hockey News. The report was confirmed by Tim Reynolds of the Associated Press. Additionally, former NHL pro Shawn Thornton announced he will step down from his role as Florida’s Chief Revenue Officer (CRO) to join the NBA’s Atlanta Hawks as a Senior Vice President and Chief Partnership Officer. Thornton joined Florida’s executive staff in 2017.

These moves stand as two major changes to the Panthers’ top level of business management. Caldwell joined the Panthers in 2014, amid some of their darkest years. He quickly took to a litany of responsibilities, and earned a promotion from Chief Operating Officer (COO) to CEO after just two years with the organization. He was 36 at the time. In the boosted role, Caldwell was able to take on efforts that helped to reshape the Panthers from an NHL bottom-dweller to a modern dynasty.

Caldwell played an instrumental role in the formation of Florida’s lauded front office and coaching staff. He supported the team to a franchise record in ticket sales, TV viewership, and sponsorship revenue and led the hiring of then-rookie general manager Bill Zito. Caldwell also supported the sale of local media rights to Bally Sports in 2022, Florida’s arena naming rights to Amerant Bank in 2023, and additional media sales to Scripps Sports in 2024. The trio of deals expanded coverage of Panthers hockey across Florida.

Success in the Sunshine State was only a small part of Caldwell’s career. He graduated from the United States Military Academy at West Point and served five years as a Captain in the U.S. Army. During that time, he oversaw combat operations in Iraq, peacekeeping efforts in Kosovo, and soldier training in Germany. He received numerous accolades for that service. Caldwell turned towards a career on Wall Street after his military duty concluded, taking on the role of Vice President with Goldman Sachs. He also attended the Northwestern University School of Law for his J.D. and MBA degrees. The Panthers cover Caldwell’s accomplishments more in depth on their website.

Now, Caldwell will join the Timberwolves and Lynx on the heels of their sale to Marc Lore and former MLB legend Alex Rodrigues. In doing so, he will continue to sustain an illustrious career that Panthers Owner Vincent Viola knows they won’t be able to replace. Viola told the Associated Press:

There are very few opportunities I would advise him to pursue, but working with Alex Rodriguez and Marc Lore on a global platform like the NBA is at the top of that list… Matt’s impact on our organization has been immeasurable and he leaves with our respect and gratitude

On top of that weight, the Panthers will also lose former bruiser turned proficient executive Shawn Thornton. Thornton played through 14 years and 705 games in the NHL. He was among the very last true enforcers in the NHL, and racked up an incredible 1,103 penalty minutes over the course of his career. Over his full career, Thornton averaged 12 points and 128 penalty minutes per 82 games played.

Thornton retired as a member of the Florida Panthers in 2017, at the age of 39, and quickly took to a front office role. His business career began as a Senior Vice President of Business Operations – filling a litany of roles, including heading marketing, sponsorships, broadcasting, game presentation, and community relations. He was promoted to the team’s Chief Commercial Officer in 2020, then to CRO in 2022.

Thornton has been a pillar of growth since the onset of his post-playing career. In addition to his role with the Panthers, he also runs the Shawn Thornton Foundation – geared towards raising funding for life-threatening diseases, including Parkinson’s Disease. That organization was formed in 2013.

Florida will now bear the burden of filling two major roles in their executive offices. It will be a tough task, though one the organization seems well set up for after winning back-to-back Stanley Cups and appearing in three-straight Stanley Cup Finals. They’re a true NHL dynasty, and averaged the fifth-most attendance in the league last season according to HockeyDB. This news will mark turnover and new opportunity for a club in the midst of their peak.

Photo courtesy of Charles LeClaire-USA TODAY Sports.

Florida Panthers| NHL| Newsstand Shawn Thornton

8 comments

Flames Seem Set To Trade Rasmus Andersson, Per Teammate

August 27, 2025 at 11:50 am CDT | by Gabriel Foley 18 Comments

The trade rumors surrounding Calgary Flames defenseman Rasmus Andersson are reaching a peak as the 2025-26 season rolls around. Flames centerman Mikael Backlund said that Andersson seems to be clearly headed for a change of teams during the NHL’s European Media Tour, as captured by Micahel Russo of The Athletic. Backlund went into depth on the divide between Calgary and the top-pair defenseman, sharing that the two sides are at ends on what a new contract should look like. Andersson will enter unrestricted-free agency next summer, and is looking for a boost over his current $4.55MM cap hit, while the Flames are looking for a value deal. Backlund told Russo:

Yeah, [Andersson is] getting traded. It’s obvious… I talked to him, too, and he doesn’t want to be a distraction… It’s too bad that it’s come to this. I don’t think that they’re close to getting an agreement, but you never know. Things could change.

Backlund seems among the most informed when it comes to changes within the Calgary organization. He’s spent all 1,066 games, and 17 seasons, of his NHL career in a Flames jersey. The Flames named Backlund team captain in 2023, after five years of serving as an alternate captain. Andersson has also served as an assistant captain as far back as 2022, cementing a clear connection between the two teammates.

Backlund’s comments ring loud as a result. Andersson has appeared to be the odd-man-left ever since general manager Craig Conroy completed a fire sale of trades in 2023 and 2024. The flurry moved out defenders Chris Tanev, Nikita Zadorov, and Noah Hanifin – leaving Andersson as the only long-term Flame left on the team’s blue-line. He has since been supported by veteran MacKenzie Weegar and emerging pro Kevin Bahl, playing ahead of an otherwise very fluid Calgary defense.

This news spells even more changes for the Flames’ defense. There will be no preparing for losing a player of Andersson’s caliber, even despite rumors swirling through the last few seasons. He has emerged as a true top-pair offensive-defenseman, capable of driving play and sustaining offensive chances for his side, even amid poor defensive play. Andersson tied his career-high of 11 goals this past season, to go along with 31 points on the full year. It was a slight dip from his scoring totals over the last few year. He previously scored 50 points in the 2021-22 season, 49 points in 2022-23, and 39 points in 2023-24.

These comments will once again spark what’s been an aggressive trade market for Andersson. Calgary has fielded interest from across the NHL, with teams like the Columbus Blue Jackets and Carolina Hurricanes previously emerging as front-runners. There has also been rumors of a fit with Pacific Division clubs like the Los Angeles Kings or Vegas Golden Knights, should the Flames be comfortable with moving Andersson to a nearby foe. Vegas will notably be without top defender Alex Pietrangelo next season due to injury, creating a clear hole in their lineup. The Golden Knights would need to find roughly $1MM in cap space to afford Andersson’s cap hit, assuming Calgary would be willing to retain a maximum 50-percent.

Calgary Flames| NHL| Newsstand Mikael Backlund| Rasmus Andersson

18 comments

Hurricanes Sign Ivan Ryabkin To Entry-Level Contract

August 27, 2025 at 9:22 am CDT | by Gabriel Foley Leave a Comment

The Carolina Hurricanes have signed 2025 second-round pick Ivan Ryabkin to a three-year, entry-level contract. The deal carries $235K in signing bonuses and a $85K salary at the AHL level. The NHL salary grows each year – from $775K, to $850K, to $895K. Ryabkin is expected to delay the start of the contract by moving to the QMJHL’s Charlottetown Islanders this season, though rumors suggest he could make a push for the AHL roster out of training camp, per Elite Prospects’ Cam Robinson.

Ryabkin was once lauded as the top Russian in the 2007 birth year, and even considered a potential top-20 prospect after his age-17 season. That standing took a tumble over the course of his draft season, as concerns over his workout regiment and discipline grew with Russian club Moscow Dynamo. The resulting split prompted Ryabkin to the move to the USHL’s Muskegon Lumberjacks in January, after he scored just one goal and 12 points in 15 MHL games.

The mid-season move proved instantly profitable for both Ryabkin and Muskegon. The high-volume winger totaled 26 goals, 46 points, and 100 penalty minutes over a combined 41 games in the USHL. His scoring presence was the final heave that pushed Muskegon to their first Clark Cup Championship in franchise history. Ryabkin filled the sniper role to a tee, perfectly complimenting high-energy playmaker Tynan Lawrence and nifty power-forward Vaclav Nestrasil Jr..

News of his first NHL contract will make Ryabkin a must-watch player as training camps roll around. He still measures at a hefty 5-foot-11, 205-pounds, and stood out as an unpoised hitter on what was a heavily penalized Lumberjacks lineup. His scoring prowess at the junior level is unquestioned, but the 2025-26 season will be about proving his competition, drive, and level-headedness both on and off of the ice. Breaking into the minor-leagues at 19 would go a long way towards showing that growth. Ryabkin made his debut in the KHL and VHL – Russia’s top pro leagues – early into the 2024-25 season.

Carolina Hurricanes| NHL| Prospects| QMJHL| Transactions| USHL Ivan Ryabkin

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Prospect Notes: Behrens, Wassilyn, Bourque

August 25, 2025 at 3:45 pm CDT | by Gabriel Foley Leave a Comment

The Colorado Avalanche have received a bit of good news in the quietest days of summer. Defense prospect Sean Behrens shared that he’s been fully cleared to participate in the team’s rookie tournament with Meghan Angley of Guerilla Sports. Behrens missed all but two games of last season after sustaining a knee injury in an October practice scrimmage. The first-year pro only suited up for the very first, and very final, game of the Colorado Eagles’ season.

Hopes were high for Behrens prior to his season-ending injury. He seemed well set for a strong push into pros after finishing a three-year stay at the University of Denver with 31 points in 44 games, and a National Championship win, in the 2023-24 season. Behrens was a core part of the title-winning Pioneers, where he often found himself playing alongside or directly behind top prospect Zeev Buium. He showed off all of the sharp stickhandling and quick skating needed to keep the Pioneers offense running with Buium off the ice, and earned the NCHC’s ’Defenseman Of The Year’ award as a result. Behrens now faces an uphill battle adjusting his slight, 5-foot-10 frame to the pro level. He’s made strong impacts in both junior and college hockey, and could earn a top role with the Eagles with a quick return.. He’ll be a name for fans to watch – though likely one that the Avalanche take their time with – as he looks forward to a healthy season.

Other notes from around the prospect world:

  • Top 2026 NHL Draft prospect Braidy Wassilyn will indeed return to the OHL’s Niagara Ice Dogs next season, then attend Boston University in the 2026-27 season, shares Ryan Kennedy of The Hockey News. Kennedy mentions that Wassilyn’s return to juniors wasn’t previously guaranteed. This news puts the cherry on top of a productive summer for Niagara. Wassilyn scored 39 points in 62 games of his rookie OHL season last year. He rivaled the team’s top-six by the end of the season, profiling as a sharp and mobile playmaker with a heavy, 200-pound frame. He’ll return to great company in Niagara – set to play alongside fellow top 2026 draft prospect Ryan Roobroeck, Winnipeg Jets prospect Kevin He, and Tampa Bay Lightning prospect Ethan Czata.
  • Dallas Stars forward Mavrik Bourque will now be represented by agent Olivier Fortier, Vice President of Wasserman Hockey, per PuckPedia. Borque just wrapped up his rookie season in the NHL with 11 goals and 25 points in 73 games. It was a relatively calm performance, after Bourque won the AHL’s MVP award with 77 points in 71 games of the 2023-24 season. He did maintain a positive plus-minus and consistent lineup role through his first NHL season, even playing second-line minutes through certain points in the year. He’ll face the task of now cementing a spot up the lineup, and discovering his scoring prowess, ahead of restricted-free agency next summer.

2026 NHL Draft| AHL| Colorado Avalanche| Dallas Stars| Free Agency| Injury| NHL| OHL Braidy Wassilyn| Mavrik Bourque| Sean Behrens

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Five Key Stories: 8/18/25 – 8/24/25

August 24, 2025 at 9:00 pm CDT | by Brian La Rose Leave a Comment

With training camps inching closer, there is still some work to do in terms of roster building with several players in need of new contracts.  A couple of those files were closed off over the past seven days and are among the key stories of the week.

Olofsson To Avalanche: It took longer than expected but winger Victor Olofsson has found his next team after signing a one-year, $1.575MM contract with Colorado.  The 30-year-old is only two years removed from a career-best 28 goals but has seen his production drop since then.  Last year, Olofsson notched 15 goals and 14 assists in 56 games in Vegas despite not seeing a lot of playing time in their top six.  That should be particularly appealing to an Avalanche roster that has had some challenges getting production from their bottom six forward group.  The deal eats up a little more than half of the cap space they had and with Logan O’Connor out to start the season, this could be it for them beyond potentially adding a player at the minimum salary around training camp.

Comeback Attempt: Veteran winger Milan Lucic is hoping to return to the NHL this season after inking a tryout deal with St. Louis.  He last played in the NHL back in October 2023 but while on injured reserve, he was charged with assault and battery for a domestic incident though those charges were later dropped.  However, he entered the NHL/NHLPA Player Assistance Program but has now been cleared.  In his prime, the 37-year-old was a feared power forward with 30-goal offensive production but over his last few seasons of action, he was more of a fourth liner.  Now nearly two years removed from playing, it’s fair to suggest that he’ll be playing a similar role if he’s able to secure a full-season contract from the Blues.

Seven For Nazar: Blackhawks forward Frank Nazar has just 56 career NHL games under his belt after spending the first two months of last season in the minors.  However, Chicago has seen enough to make a long-term commitment to him as the two sides worked out a seven-year, $46.13MM extension that will begin in the 2026-27 campaign.  Drafted in the first round in 2022 with the pick acquired for Kirby Dach, Nazar spent two years at the University of Michigan before turning pro at the end of the 2023-24 campaign.  Last season, he notched 24 points in 21 games with AHL Rockford before putting up 12 goals and 14 assists in 53 games with the Blackhawks.  They clearly feel he has another level or two to get to offensively and if he does, this could become a team-friendly deal before too long.

Surgery For Tkachuk: While Panthers winger Matthew Tkachuk had hoped to avoid needing surgery, that isn’t the case as he underwent surgery to repair the adductor injury that he sustained at the 4 Nations Face-Off.  Despite playing through the injury in the playoffs, he was quite productive with 23 points in as many games to help them win their second straight Stanley Cup.  Tkachuk, who is now LTIR-eligible, could be out until January.  Florida will place him on LTIR, ending any short-term speculation about them needing to clear salary in the process.  The Panthers wasted little time filling his spot on the roster in the short term, signing veteran forward Luke Kunin to a one-year, $775K contract.  Kunin won’t be able to replace Tkachuk’s production but he’ll add further grit to a lineup that already has a lot of it.

Rossi Gets A Bridge Deal: For months, the word was that center Marco Rossi wanted a long-term contract but the Wild wanted a bridge deal.  In the end, the team got their way as the two sides worked out a three-year, $15MM contract.  The agreement is notably backloaded, securing Rossi a $6MM qualifying offer with arbitration rights in 2028, his final year of RFA eligibility.  Rossi’s second full NHL season was a strong one as he noted 24 goals and 36 assists in 82 games while logging over 18 minutes a night as a full-time top-six forward.  However, his usage was dropped to barely 11 minutes per contest in their first-round loss to Vegas, fueling speculation about his future.  But after all sorts of trade scenarios and even talk of an offer sheet, Rossi will stick around with the team that drafted him in the first round back in 2020.

Photo courtesy of Charles LeClaire-Imagn Images.

NHL Week In Review

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Filip Gustavsson Open To Extension With Wild

August 23, 2025 at 5:41 pm CDT | by Gabriel Foley 3 Comments

The Minnesota Wild can finally turn their attention towards the 2026 summer after locking up top restricted-free agent Marco Rossi to a three-year deal. One of their top tasks will be making a decision on the future of their crease. Veteran goaltender Filip Gustavsson will play through the final year of his three-year, $11.25MM contract next season and be due for a much richer salary next summer. Ahead of returning to Minnesota for training camp, Gustavsson told Michael Russo of The Athletic that he is open to inking a new deal. The netminder said:

I’ve had the conversations with my agent and all that stuff, and what we’re looking into and what we would like to do… {We} haven’t started actively talking to {Bill Guerin} or anything. When they want to talk, then we talk, and otherwise I have this year left and I’m just gonna play and win.

Early interest in an extension could benefit Gustavsson. He’s set to be backed up by top Wild prospect Jesper Wallstedt for the first time next season, after hockey legend Marc-Andre Fleury announced his retirement last season. Wallstedt was a first-round pick – 20th overall – in the 2021 NHL Draft. He moved to the AHL’s Iowa Wild two seasons later, and has served as the team’s de facto starter in the three years since. That tenure started positive – with a .908 save percentage in 38 games of his AHL rookie season. He followed it with a .910 Sv% in 45 games of the 2023-24 season, but soured this year with a bleak .879 Sv% in 27 games, low enough to cede the starter’s chair to Samuel Hlavaj.

Despite the dip, Wallstedt still stands as one of the best goalie prospects in the world, and will finally get a chance to show his might at the NHL level next season. He won’t stand much of a chance to overcome Gustavsson, who spent the last three seasons firmly planting his feet in Minnesota’s starter’s crease. After years of fluctuating between NHL and AHL lineups, Gustavsson flourished with a move to Minnesota in 2022. He had a career-year in his debut season with the Wild, recording a .931 Sv% and lofty 22-9-7 record in 39 games.

With a path to the starting role carved out, Gustavsson quickly established himself as Minnesota’s surest bet to win games. He was a composed, big-moment goaltender, who stood as one of the squad’s bright spots in a slumping 2023-24 season. Gustavsson recorded a team-best .899 Sv% and 20-17-5 record in 45 games that year. It was a slight dip, on a Wild roster that was outscored by 12 goals on the full year, and Gustavsson continued to surge as Fleury entered his final season this year. The 27-year-old Swede managed a bright 31-19-6 record and .914 Sv% in 58 games. That performance not only marked the most Gustavsson played in a single season, but also gave Gustavsson the fourth-highest save percentage of any starter in the NHL.

It is on the heels of that performance that tremendous Gustavsson will now beginning entertaining a new contract. Even with the pressure of Wallstedt, there’s no question over who Minnesota’s top goaltender is. Gustavsson has shined as a consistent performer, through both extended runs in the regular season and spot performances in the playoffs. He’s also square in the middle of his prime years, and could stand up to a starter’s year through the next four, five, or six seasons.

Gustavsson’s rise to the starter role, and standout performance last year, are both very comparable to 28-year-old Mackenzie Blackwood. Blackwood was dealt around the NHL over the last two seasons, but planted his feet with the Colorado Avalanche last season, stamped by a five-year, $26.25MM contract extension. That price tag – a yearly cap-hit of $5.25MM – could be the mark that Gustavsson shoots for on a new deal. He could even ease his way closer to $6MM, with the benefit of a career-long .913 Sv% sitting higher than Blackwood’s .906.

The Wild could prefer waiting to see how Wallstedt performs in his first full NHL season before they commit to Gustavsson long-term. But with a lofty 73-46-17 record and .914 Sv% in 142 total games with the Wild, it will take a monumental performance to bump Gustavsson out of his seat. Should he stick in it through the full season, a rich payday seems all but certain next summer.

Photo courtesy of Jerome Miron-USA TODAY Sports.

Minnesota Wild| NHL Filip Gustavsson

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NHL To Organize 2028 World Cup Without IIHF Involvement

August 22, 2025 at 5:15 pm CDT | by Gabriel Foley 13 Comments

The NHL appears set to move forward with their plan on organizing a World Cup of Hockey. They’re ready to reach out to international clubs directly, rather than work with the IIHF, per TSN’s Darren Dreger. This news doubles down comments that NHL commissioner Gary Bettman made in February.

The tournament will be an eight-country event and take place during the 2027-28 season – the year of the next summer Olympics – shares David Pagnotta of The Fourth Period. Pagnotta adds that preliminary matches will be split between one North American, and one European, city – while semi-final and final rounds will be hosted in North America.

This news answers the question of what the NHL will do in the Olympics’ off-years. The World Cup will feature a wider cast than the 4-Nations Face-Off that took place this February, though the exact list of countries isn’t quite clear. In addition to the four countries that suited up this winter, both Czechia and Slovakia seem like locked-in options. The NHL could also bring in any one of Germany, Switzlerand, Austria, and Latvia – who have each reached varying levels of international success over the last few years.

But Russia will stand as the big uncertainty. Both Russia and Belarus have been barred from participation in IIHF events since the 2022 invasion of Ukraine. The IIHF upheld that decision for the 2025-26 season and 2026 Winter Olympics. The NHL deciding to go around IIHF involvement does open the door to Russia – one of the world’s top hockey countries – getting back into the swing of best-on-best competition. That would likely give aging stars like Andrei Vasilevskiy, Igor Shesterkin, Nikita Kucherov, and Artemi Panarin a chance to show their might in their prime years. Commissioner Gary Bettman declined comment when asked, back in March, about if the NHL would entertain playing against Russia in the near future.

The World Cup tournament itself will serve as an exciting shove into the future for the world’s top hockey talents. High-potential young players like Connor Bedard, Macklin Celebrini, Lane Hutson, and Juraj Slafkovsky will be just entering their prime years in 2028, and certainly looking for a chance to prove their country’s might at the top stage. The event will be a great run-up to the 2032 Winter Olympics, where all four players seem ready to play big roles.

The NHL will intercut the World Cup with All-Star games. Bettman has shared that he knows the All-Star matchup will need to live up to high expectations, after the popularity garnered by the 4-Nations Face-Off earlier this year. In an interview with NHL.com’s Dan Rosen, Bettman said that everything will be on the table for the next All-Star event. That will set a high bar for the mid-season breaks next season, though many fans will be looking ahead to an even bigger best-on-best tournament only three seasons away.

IIHF| NHL| Players World Cup

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Emil Bemstrom Signs In Swiss National League

August 22, 2025 at 11:55 am CDT | by Gabriel Foley Leave a Comment

Aug. 22: Bemstrom has officially made the jump to Bern, confirming a one-year deal today.

Aug. 12: Pittsburgh Penguins unrestricted free agent Emil Bemstrom will continue his career overseas. He has signed with SC Bern of Switzerland’s National League, per Henrik Sjöberg of Switzerland’s HockeyNews and Tony Androckitis of Inside AHL Hockey. This will mark a return to Europe for Bemstrom, who grew up through the Swedish junior hockey pipeline and has experience in Sweden’s SHL and Finland’s Liiga.

Bemstrom played through his first full season in the minor leagues last season, to great effect. He cemented a spot on the Wilkes-Barre/Scranton Penguins’ top line, and worked his way to 23 goals and 48 points across 48 games. Despite that, he was only able to manage one assist in 14 games with the Pittsburgh Penguins. The performance continued a wave of star scoring in the AHL, followed by underwhelming play in the NHL, which Bemstrom has been riding for much of the last four seasons.

The nifty forward made his NHL debut with the Columbus Blue Jackets in the 2019-20 season, after posting 35 points in 47 SHL games in the 2018-19 campaign. His career started off great, with 20 points, split evenly, in his first 56 NHL games. But Bemstrom opted to move to the Liiga for the first half of the shortened 2020-21 season, and while he scored 17 points in 16 games, his NHL scoring fell to a measly five points in 20 games following a return to Columbus. He’d continue on in a depth role for the Blue Jackets through the next two seasons – and even one-upped his rookie performance with 22 points in 55 games of the 2022-23 season. His NHL performances were coupled with tremendous efforts in the AHL, marked by 47 points in just 33 games between 2021 and 2024.

Hot scoring in the minor leagues and a clear ability to outplay his opponents continued to earn Bemstrom routine NHL minutes through the 2023-24 season. But he was never able to find a true groove and found himself relegated to the minor leagues for the majority of last season. He’ll now search for a bigger opportunity on the other side of the world. He brings a resume featuring 75 points in 242 NHL games, and 95 points in 81 AHL games, with him to Switzerland.

Bemstrom will join multiple NHL features on SC Bern’s lineup, including Swedish compatriots Hardy Häman Aktell and Anton Lindholm. Bern has lost in the quarterfinals of the NL’s postseason in each of their last four playoff appearances. They’ll hope the addition of a high-scoring veteran of North American pros will be enough to boost them over tough competition, like the ZSC Lions and HC Lausanne.

AHL| NHL| NLA| Pittsburgh Penguins Emil Bemstrom

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NHL Expecting More Slow-Moving Offseasons

August 21, 2025 at 8:00 pm CDT | by Brennan McClain 11 Comments

For better or worse, the salary cap’s upper limit increase has not led to much movement this summer. In a recent interview with RG Media, an NHL executive, who has chosen to remain anonymous, believes offseasons like these will become the modus operandi for the foreseeable future.

The anonymous executive bluntly said, “Teams will do a good job of locking up their own players. Everybody in the league, except for a few teams, had a lot of cap space, and I think going forward, if you like a player, there’s no reason why you wouldn’t try to keep them yourself.”

Similarly, the executive furthered their original point, saying, “Sometimes teams look to make these changes, but sometimes it’s better not to make many changes and keep the guys you believe in because they know their character, work ethic, and how they get along with their team. It makes more sense than going out and getting something that you’re not sure about.”

It doesn’t take long to prove their point, either. Taking a look back at our Top 50 Projections from 2023, eight players out of the top 10 (nine if you’re including Patrice Bergeron choosing to retire) left their respective clubs that offseason. Similarly, in 2024, seven out of our top 10 projected unrestricted free agents headed for greener pastures. This year? Only two.

Given that the salary cap will rise by the same percentage year on year for the next few seasons, there’s no reason to believe anything will change moving forward. Hypothetically speaking, the only way it may change is if the trio of Connor McDavid, Jack Eichel, and Kirill Kaprizov heads to the open market next summer. If their respective clubs aren’t interested in a sign-and-trade, as the Vegas Golden Knights did with the Toronto Maple Leafs this offseason for Mitch Marner’s services, then teams may be inclined to keep their pocketbooks full to take a run at a game-changing talent.

Still, there’s no expectation that either of the three will become unrestricted free agents in less than a year, with most reporting suggesting that each will sign long-term extensions with their respective clubs. Should that be the case, next year’s free agent class will look similarly to this year’s, forecasting another eerily slow summer.

NHL Salary Cap

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Afternoon Notes: Savage, Milano, ECHL

August 20, 2025 at 5:33 pm CDT | by Gabriel Foley 3 Comments

Center prospect Red Savage is set to sign a two-year deal with the AHL’s Rochester Americans, per hockey insider Ken Campbell. The Detroit Red Wings relinquished Savage’s player rights on August 15th, after choosing not to sign the 2021 fourth-round pick to his entry-level contract.

Savage’s decision to turn pro comes on the heels of a long-term shoulder injury, sustained from an awkward fall into the boards in a January matchup against the Michigan Wolverines. The injury ended what was Savage’s first season as captain of the Michigan State Spartans, and limited him to just 11 points in 20 games on the season. He concludes his collegiate career with a combined 68 points in 125 games – split 30 points coming with Miami University of Ohio and 38 with the Spartans. Savage was lauded as a responsible, two-way center for both clubs and should find some immediate impact with the Americans, assuming he returns well from injury.

A move to Rochester will mark a reunion with head coach Michael Leone, who served as an assistant coach over Savage’s two years at the U.S. NTDP. Leone led Rochester to a 42-22-8 record and Division Final loss in his first year of pro coaching last season.

Other notes from around the league:

  • Washington Capitals forward Sonny Milano is back on the ice after an upper-body injury ended his season in November. He has been taking part in informal practices with his teammates recently, shares Sammi Silber of The Hockey News. Silber adds that Milano hopes to make a push back onto the Capitals roster at training camp. Milano was in the midst of earning a daily lineup role when he suffered his injury. He scored an encouraging 40 goals and 90 points in 179 games in three seasons between 2021 and 2024 – though each year was limited by injury. Questions remained about Milano’s durability and defensive acumen. He didn’t have a chance to dissuade those concerns last year, but seems to be getting an early jump at proving he can stick in the NHL this season.
  • The ECHL has announced the approval of an expansion team in Augusta, Georgia set to begin play in the 2027-28 season. This marks a return to The Garden City for the ECHL. Augusta previously served as home to the Augusta Lynx, who folded after 10 seasons in 2008. The new team will be owned by former NFL quarterback Tim Tebow, in partnership with David Hodges and Hodges Management Group, LLC. No team name or logo has been announced. The ECHL is also set to expand to New Mexico in the 2026-27 season. The league will grow to 32 clubs once both teams break ground, putting them on level-playing field with the AHL and NHL. That should allow for full partnership between three leagues. The Ottawa Senators and Columbus Blue Jackets were the only clubs without an ECHL affiliate in the 2024-25 season.

AHL| ECHL| NHL| Washington Capitals Red Savage| Sonny Milano

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