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Atlantic Notes: Giroux, Geekie, Tkachuk

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Earlier this weekend, Sportsnet’s Elliotte Friedman reported in his latest 32 Thoughts column that the Senators and Claude Giroux were battling over the bonus structure of his next deal.  However, Postmedia’s Bruce Garrioch adds that at this point, the base salary is still being worked on as well, with the belief that Giroux’s camp is looking for a salary around teammate David Perron’s $4MM; Ottawa is coming in below that.  As long as the 37-year-old signs a one-year contract, Giroux is eligible for performance incentives, including games played, points, and team playoff success.  While his days of being a top-line option are long gone, Giroux still projects as one of the better options available in free agency coming off a 50-point season.

Elsewhere in the Atlantic:

  • Bruins forward Morgan Geekie told Kevin Paul Dupont of the Boston Globe that discussions on a new contract have been “pretty preliminary” so far. The 26-year-old was non-tendered the last time he was a pending restricted free agent, signing a two-year, $4MM deal with Boston that proved to be quite a bargain.  Geekie had 39 points in 2023-24 and then followed that up with a 33-goal, 57-point effort this season.  That could push his price tag past the $5MM mark on a multi-year deal this time around.  He’s arbitration-eligible but with hearings generally running from July 20 to August 4, it’s possible that Boston’s plan is to simply let him file for arbitration late next week and then start to have more substantive discussions on a new agreement at that time.
  • After playing through a torn adductor muscle for the entire postseason, Panthers winger Matthew Tkachuk told reporters including Jordan McPherson of the Miami Herald that he is 50-50 in terms of whether he’ll need surgery or not. He will take the next few weeks to let the injury heal on its own and then see if he’ll need to go under the knife.  If surgery is needed, it could put Tkachuk’s availability for the start of next season in question.  Despite the injury, he still managed to produce a point per game in Florida’s 23 playoff contests.

Free Agent Focus: Vegas Golden Knights

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Free agency is now less than two weeks away, and teams are looking ahead to when it opens. There will be several impact players set to hit the open market in July, while many teams also have key restricted free agents to re-sign. We continue our look around the NHL with an overview of the free agent situation for the Golden Knights.

Key Restricted Free Agents

D Nicolas Hague – Hague has been no stranger to the rumor mill in recent weeks with several teams believed to be inquiring about his services.  With Vegas looking to maximize its salary cap flexibility, it’s believed that the 26-year-old is available.  It wasn’t that long ago that Hague was viewed as a key young cog for the Golden Knights but while he started off his career in an encouraging fashion, his development has largely plateaued in recent years as he has settled in as more of a fifth or sixth defenseman.  He’s owed a qualifying offer of $2.7MM with arbitration eligibility and projects to earn a bit more than that, likely on a multi-year deal even coming off just a 12-point effort.

F Alexander Holtz – Things just have not gone as planned for the 2020 seventh-overall pick.  Unable to live up to expectations in New Jersey, Vegas picked him up last year in a draft-day swap with the thought that he’d build off the 28-point effort he had in 2023-24.  Instead, he struggled considerably, notching just 13 points in 53 games while being a healthy scratch at times and was even sent to AHL Henderson for a 16-game stint.  It’s unlikely that Vegas is ready to give up on Holtz just yet but a one-year deal at or around his $874K qualifying offer seems likely, giving him one more chance to lock down a spot.

F Cole Schwindt – A waiver claim from Calgary at the end of training camp, Schwindt stuck with the big club all season long but only got into 42 games, managing just eight points.  With less than 50 career NHL games under his belt, arbitration rights shouldn’t be too concerning for the Golden Knights so if they want to keep him around, they should feel comfortable extending the $840K qualifying offer.  If he winds up staying, it wouldn’t be surprising if that qualifying offer winds up being his next contract.

Other RFAs: D Lukas Cormier, F Raphael Lavoie, F Ivan Morozov (signed in Russia), F Jonas Rondbjerg, G Isaiah Saville

Key Unrestricted Free Agents

F Victor Olofsson – Olofsson elected to take a one-year, $1.075MM deal last summer with the Golden Knights in the hopes of rebuilding some of his value.  While injuries limited him to just 56 games, he did rebound somewhat, managing a respectable 15 goals and 14 assists despite seeing basically third-line minutes.  That’s not going to be enough to get him to what he made on his last deal when he was in Buffalo ($4.75MM) but it’s possible that he can get a multi-year deal somewhere around the $3MM range.  Olofsson had six goals with the man advantage this season; he has reached or beat that mark five times in the last six years, making him an intriguing option for teams looking for a little more firepower on the power play.

F Tanner Pearson – Pearson was one of the few players whose training camp tryout was successful as he inked a one-year deal for the minimum and gave them solid fourth-line minutes while staying healthy for the first time in several years.  Pearson probably is going to be viewed as someone earmarked for a similar role moving forward so his offers should come in at or around the $1MM mark.  But after having to play his way onto Vegas this season, he should have a bit more success on the open market this time around.

F Brandon Saad – After clearing waivers with St. Louis, Saad walked away from more than $5MM in guaranteed salary through next season in the hopes of finding another NHL opportunity.  That came with Vegas where he inked a pro-rated $1.5MM contract.  He fared reasonably well with them, notching 14 points in 29 games which is decent secondary scoring.  Now, he’ll look to recoup more of that money back on the open market but it would be surprising to see any offers come near his old $4.5MM AAV.  Something closer to half of that might be more realistic but he might be able to get a multi-year agreement out of it.

G Ilya Samsonov – Like Olofsson, Samsonov took a one-year deal last summer in the hopes of rebuilding some value following a particularly rough year in Toronto.  He probably didn’t hurt his value with a 2.82 GAA and a .891 SV% but he likely didn’t help it too much either and it has already been decided that he won’t be back in Vegas.  Coming off a $1.8MM contract, he could land something around a similar price tag this year but a multi-year commitment seems unlikely.

F Reilly Smith – Brought back for a second stint with the team in a trade with the Rangers at the trade deadline, Smith wasn’t able to produce at the same level as he did the first time around but, like Saad, provided decent secondary scoring.  Still, he has reached 40 points in each of the last two seasons so his camp may try to market the 34-year-old as a two-way middle-six option.  Coming off a $5MM AAV, it would be surprising to see him get a raise but his next contract might not be too much below that either.

Other UFAs: F Callahan Burke, F Mason Geertsen, D Robert Hagg (signed in SHL), D Dysin Mayo, F Mason Morelli, F Gage Quinney

Projected Cap Space

Vegas enters the summer with around $9.6MM in salary cap space which is better than it often has been for this franchise at this time of year.  However, they have a few players to sign with that money and they have been linked as a speculative landing spot for some of the more prominent pending unrestricted free agents.  They’ll need more cap space to do so, meaning a trade might be needed although the availability of Alex Pietrangelo for the start of next season is also in question.  If he’s going to be out long-term and the team goes back into LTIR, they could be in line to make a splash over the next few weeks.

Photos courtesy of Timothy T. Ludwig (Hague) and Sergei Belski (Olofsson)-Imagn Images.  Contract info courtesy of PuckPedia.

Sabres Notes: Peterka, Byram, Samuelsson

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While NHL teams are preparing for the start of free agency, the Buffalo Sabres are actively working the phones on a few key potential trades, according to The Fourth Period.

The expectation is that general manager Kevyn Adams will be busy this week, with forward JJ Peterka at the top of the trade block rumor mill. Despite his youth, potential, and the fact that he seemingly fits perfectly into Buffalo’s long-term plans, Peterka is also considered an ideal candidate for a change of scenery.

While the Sabres appear to have hesitancy toward trading Peterka, the list of teams interested in his services continues to grow. And as Peterka nears restricted free agency, the Sabres are now more open to listening to offers for the 23-year-old, amidst the belief that Peterka’s preference would be to move on. Peterka set career highs this past season with 68 points, finishing tied for second on the team with defenseman Rasmus Dahlin, just behind forward Tage Thompson. The 23-year-old has increased his point total by 18 points in each of the last two seasons, and his stock is rising as he looks for his first long-term deal.

Elsewhere with the Sabres:

  • The league also appears to have significant interest in defender Bowen Byram, who originally joined the Sabres at the 2024 Trade Deadline in a one-for-one swap that sent center Casey Mittelstadt to the Colorado Avalanche. Byram was a staple in the Sabres’ top four during the 2024-25 season, playing all 82 games and averaging over 22 minutes per night. He also set career highs with 38 points and 116 blocked shots. While Byram has had some struggles in the defensive zone, his offensive upside and age make him an attractive option for teams looking to bolster their defensive core. Like Peterka, Byram is believed to be seeking a fresh start. Per The Fourth Period, the Sabres are not interested in moving either player for future assets and would prefer to receive NHL-ready talent in return.
  • The Fourth Period also notes that the Sabres are actively shopping defender Mattias Samuelsson, who put up 14 points in 62 games. The 25-year-old was selected by the Sabres in the second round of the 2018 draft and has played 212 games for the team over the course of five seasons. The 6’4″, 220-pound lefty has brought a physical presence to the Sabres over that span, posting more than 100 hits in each of the last four seasons, despite never playing more than the 62 games he suited up for last year. Samuelsson is entering the third year of a seven-year deal that carries a $4.285MM AAV.

Ducks Interested In Tavares, Boeser As Marner Backup

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While the Anaheim Ducks may be prepared to offer pending free agent Mitch Marner a record-breaking offer, the team is interested in several other additions if Marner signs elsewhere. This list includes veterans John Tavares and Brock Boeser, per The Fourth Period.

Anaheim holds more than $30MM in cap space (per PuckPedia), and ownership recently discussed the desire to build a Stanley Cup-caliber team as soon as possible, setting off speculation that they’ll aggressively pursue Marner. Yet with only one winner in that sweepstakes, the Ducks are also eyeing pending free agents like Tavares and Boeser to bolster their offense.

While Marner appears almost certain to leave Toronto, Tavares remains optimistic about re-signing with the Leafs. Still, at 36, he may view Anaheim’s cap-rich, rebuilding opportunity as perhaps his final shot at a big payday. After posting 38 goals last season (his most since the 2018-19 season), Tavares proved he still has a lot left in the tank. Although his next contract won’t match his current $11MM AAV, Tavares could still land a significant multi‑year deal if he tests the open market.

Anaheim is also among a host of teams reportedly tied to Boeser. As David Pagnotta of the Fourth Period reported, Boeser is a “longshot” to return to Vancouver, setting the stage for the 28-year-old sniper to hit the open market. While the interest in Boeser’s services appears lengthy, the type of deal he’ll command is a bit murkier than other pending free agents. Unlike Tavares, Boeser didn’t set the world on fire in his contract year. His goal total dropped from 40 during the 2023-24 season to just 25 last season. His points also fell by 23, and his plus/minus dropped from plus-23 to minus-25 year over year. Still, Boeser posted his sixth career season with at least 23 goals and remains on the right side of 30. The limited options in this free agent class also work to his advantage.

Heeding the turnaround desire from ownership, the Ducks have already had a busy offseason, including the hire of Joel Quenneville as head coach, trading for veteran forward Chris Kreider, and resigning pending restricted free agent Nikita Nesterenko. The team also faces a tough decision regarding goalie John Gibson, who has long been rumored to be on the trade block. Through it all, it’s expected that the Ducks will seek to add offensive firepower in free agency, with Tavares and/or Boeser potentially serving as solid backup options if they miss out on Marner.

Rangers Among Vladislav Gavrikov’s Preferred Destinations

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If Vladislav Gavrikov reaches the open market next week, there will be a high level of mutual interest between him and the Rangers. His preference remains to iron out an extension with the Kings, but if he’s unable to do so, New York is on a “short list of teams he is interested in joining,” writes David Pagnotta of The Fourth Period.

Gavrikov has already been tagged as one of the Rangers’ top free-agent targets as they look to reshape a blue line that’s already undergone major surgery since the beginning of 2024-25. If signed, he would presumably come at the expense of pending RFA K’Andre Miller’s signing rights being traded elsewhere. New York has received strong interest on the trade market regarding the young defender, and with Gavrikov projected to command nearly $8MM per season on a long-term deal, they’d only have around $5MM in cap space left over after signing him with RFA winger William Cuylle in need of a new deal as well.

While Gavrikov’s puck-moving ability may be a step back from Miller’s ceiling, the veteran has been far more consistent over the past few years and offers greater defensive upside. That two-way presence – this past season was his second time hitting 30 points in his NHL career – combined with spectacular impacts and a willingness to get involved in the play physically would give Adam Fox the bona fide No. 2 defenseman and potential long-term partner he’s missed over the last few years with Ryan Lindgren’s decline and subsequent trade.

The Rangers would obviously end up paying a premium for Gavrikov’s services coming off a stellar platform year, but they’re in a position of need. There’s nothing resembling even a fringe first-pairing lefty in the organization, particularly if Miller isn’t re-upped, and Gavrikov has a highly desirable track record with his combination of heavy deployment and good two-way play over his six-year NHL career. Poor possession play has plagued the Rangers throughout the past few seasons, so much so that it may make more sense for new head coach Mike Sullivan to deploy Fox, who routinely boasts above-average possession impacts regardless of who his partner is, on a separate pairing from Gavrikov if he’s brought in.

Still, a long-term agreement with Gavrikov isn’t something the Rangers should rush into. They’ve had to make some undesirable cap dumps in the past few months because of similar moves. They already have two lengthy contracts on the books for defenders – Fox’s rather desirable $9.5MM cap hit through 2029 isn’t much of an issue, but William Borgen’s $4.1MM cap hit through 2030 could be a tricky one if he can’t manage to hold onto a consistent top-four role on the right side with the younger, more dynamic Braden Schneider breathing down his neck entering a contract year.

Examining The Sabres’ Alex Tuch Dilemma

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The Buffalo Sabres have been spinning their wheels for quite some time and appear headed for a summer that will define the franchise’s future. The team has plenty of attractive roster pieces but will need to make some significant contract decisions in the coming months regarding forward Alex Tuch, among others. Tuch is just over a year away from unrestricted free agency and can sign an extension on July 1. Buffalo will need to make a tough decision in the next few weeks about whether to sign Tuch to a lucrative extension or trade him away for what would hopefully be a sizable return.

The 29-year-old is entering the final season of a seven-year, $33.25MM contract he signed in July 2018 with the Vegas Golden Knights. He was eventually traded along with other assets for center Jack Eichel, and despite the Golden Knights winning the cup with Eichel on board, Tuch has proven to be an excellent addition for the Sabres. Tuch’s $4.75MM cap hit has represented a massive bargain for Buffalo over the last four seasons, as the Syracuse, New York native has been nearly a point-per-game player, accumulating 106 goals and 137 assists in 281 games with the Sabres. Although Tuch hasn’t been able to replicate his success from 2022-23, when he scored 36 goals and 43 assists in 74 games, he has continued to be a solid point producer, hitting 36 goals again this season along with 31 assists in 82 games.

So, what do the Sabres do with a player from Western New York who embodies the city’s culture but probably doesn’t fit the team’s timeline? Therein lies the Sabres’ difficulty with this decision, along with another complicated situation involving RFA forward JJ Peterka. The Sabres are reportedly listening to offers for Peterka and could trade him. The return would likely influence whether Tuch wants to remain a Sabres member or if the team wants to keep him. He has expressed a desire to stay, which isn’t surprising given that he grew up in the area.

Tuch will be 30 by the time he starts an extension, and if Buffalo went to seven or eight years on term, he would be in his late 30s on a high-ticket contract. Now, that’s not to say he would get such a term, but he will undoubtedly be seeking the most extended contract possible since it’s very likely that he might not sign another lucrative deal after this one.

There is no disputing Tuch’s on-ice value, leadership, or the fact that he is a fan favorite in Buffalo. However, the Sabres must ask themselves what is best for the franchise’s future. Do they want to pay top dollar for a forward on the wrong side of 30 years old? Can they get a lucrative return if they trade him this summer? And what message would they be sending their fans (and other Sabres players) if they moved on from Tuch and Peterka in the same summer?

Buffalo is uniquely positioned as a franchise, not in a good way. They haven’t made the playoffs since 2010-11 and haven’t finished higher than fifth in their division since 2011-12. The team has undergone multiple unsuccessful rebuilds, but it has finally assembled a solid core of players to build around. However, if they trade Tuch and Peterka for futures instead of roster players, veterans like Tage Thompson and Rasmus Dahlin may start to grow restless, fearing it could lead to another few seasons of losing. At the same time, they wait for the young players to develop.

Tuch is a candidate for an extension, given his performance and intangibles. Examining the Sabres’ history as an organization, it is evident that they have often prioritized culture and loyalty over results. If that pattern continues, Tuch will likely be re-signed. This situation isn’t unique to Buffalo, as it’s common for teams to extend contracts for players they know may age poorly in the latter half, understanding that Buffalo’s loyalty could lead them to retain Tuch.

On the flip side, Buffalo has yet to experience a winning season during Tuch’s time with the team, and perhaps it’s time for the Sabres to allow new leadership voices to emerge. It’s not a reflection on Tuch as a player or person, but sometimes, when an organization struggles for too long, the old guard needs to depart before a fresh culture can develop. This has occurred with many teams trying to turn a corner after a rebuild, and often, teams recognize the need to part with veteran players to make way for younger stars to step up as leaders. Edmonton did this when they moved on from Taylor Hall in 2016, and nearly 20 years ago, the Penguins followed suit by letting go of almost every veteran, effectively entrusting the team to their young stars, Sidney Crosby and Evgeni Malkin.

Another factor for Buffalo to consider is that there are very few teams selling right now, which could increase their return on Tuch, as some teams will be left empty-handed after the initial scramble of unrestricted free agency. Buffalo could wait a bit after July 1 to assess the trade market and see if any moves pique their interest; if not, they could then consider an extension. There are a few wingers available, such as Rickard Rakell and Bryan Rust, who will be cheaper from a cap-hit perspective, but with Tuch being a few years younger, he could fetch a better haul than either of those players.

Buffalo finds itself in a tough spot with Tuch, and time is running out. If they can’t either move him or extend his contract, they risk losing him for nothing a year from now or trading him at the NHL Trade Deadline for a lesser return. Neither scenario is ideal for Buffalo, which is why they need to act promptly. The situation would be less complicated if they weren’t also trying to move Peterka, but this is the reality the Sabres are facing, and they must choose a direction.

Photo by Brian Bradshaw Sevald-Imagn Images

Lightning’s Nick Perbix Will Test Free Agency

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There will be no extension keeping Lightning defenseman Nicklaus Perbix off the open market before July 1, David Pagnotta of The Fourth Period reports. The 27-year-old will instead look to cash in as the youngest option available among a thin class of right-shot defenders.

Perbix was a sixth-round pick of the Lightning back in 2017. Tampa retained his signing rights through his post-draft season with USHL Omaha and then during a full four NCAA seasons at St. Cloud State, where he won an NCHC regular-season title as a rookie and was named a First Team conference All-Star following his standout point-per-game senior season. That was enough for the 6’4″, 205-lb rearguard to land his entry-level contract with the Bolts.

The Minnesota native has essentially been a full-time NHLer since turning pro in 2022. Aside from a brief AHL stint to make his pro debut following the end of his senior year with St. Cloud State and a pair of minor-league contests the following year, he’s been a fixture on Tampa’s roster with utility up and down the lineup.

While he’s seen deployment as high as first-pairing duties with Victor Hedman, his overall ice time has been limited because he’s played under 100 minutes on special teams units in total over his three-year career. Perbix averaged 15:45 per game with the Bolts as a result. At 5-on-5, his most common partners over the last three years were Emil Martinsen Lilleberg (919:12), Hedman (893:26), and Mikhail Sergachev (570:12), according to Natural Stat Trick. Whether due to his time spent with more skilled partners in Hedman and Sergachev or not, Perbix’s point production has been solid considering his limited even-strength minutes. He’s consistently churned out 20-25 points, avoiding major injury troubles.

Nonetheless, it makes sense that the Lightning aren’t interested in retaining Perbix. He averaged just 14:41 per game last season, making it hard to justify matching the $2.65MM per season he’s projected to receive on a two-year deal on the open market, according to AFP Analytics. He totaled a 13-50–63 scoring line with a +27 rating in 220 games as a Bolt and will likely look to land somewhere where he has more of an opportunity to play both the power play and penalty kill.

Blackhawks Buy Out T.J. Brodie

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June 22: Brodie has cleared unconditional waivers and will have the final season of his contract bought out, Chris Johnston of TSN and The Athletic confirms. There are no new pending buyouts today.

June 21: The Blackhawks have placed Brodie on unconditional waivers for buyout purposes, per Sportsnet’s Elliotte Friedman.  In doing so, they’ll be able to buy out the final year of his contract on Sunday, assuming he’s not claimed.

June 18: The Blackhawks will likely buy out defenseman T.J. Brodie when the first window opens later this week, reports Ben Pope of the Chicago Sun-Times. The vast majority of his $3.225MM total compensation for next season was via a $2.45MM signing bonus, which is unaffected by a buyout.

He’ll only see a reduction in his base salary from $775K to $517K, which will be paid out over two years, and he will become an unrestricted free agent. Brodie will still count $3.23MM against the cap for Chicago in 2025-26, savings of $517K on his original $3.75MM cap hit, but will only incur a $258K penalty in 2026-27 before coming off the Hawks’ books.

Brodie, 35, signed a two-year, $7.5MM contract with Chicago in free agency last summer. The $3.75MM cap hit was an understandable expense given his long track record of success as an excellent two-way option in the top four for the Flames and Maple Leafs, but a multi-year commitment raised some eyebrows. Brodie was aging, coming off an underwhelming performance in Toronto in 2023-24 that meant the team had no trouble letting him hit the market, and there were questions about how his declining speed would hold up on a much thinner Blackhawks blue line.

The fears of the deal were realized as Brodie’s 2024-25 season was his worst as an NHLer. He only posted a 2-8–10 scoring line in 54 games, and his defensive impacts declined further following a sharp dropoff with the Leafs the year prior.

While Chicago initially signed him as a support piece for their emerging young defensemen, he was entirely removed from the lineup in March. He didn’t log a single appearance for the club after the trade deadline, serving as a healthy scratch for the final 22 games of the season. That was even after the club traded top righty Seth Jones to the Panthers, and the left-shot Brodie had spent most of the year in a familiar spot on his offside, where he’s spent most of his career.

As it stands, the Blackhawks enter the offseason with established NHLers Alex Vlasic and Connor Murphy set to be joined by a complement of high-end prospects to round out their top six on defense, including Nolan Allan, Kevin Korchinski, Artyom Levshunov, and Sam Rinzel. Levshunov, Murphy, and Rinzel are all righties, giving the Hawks an even three/three split on handedness.

That also doesn’t include potential roster players Louis Crevier and Wyatt Kaiser, both of whom are pending RFAs needing new deals. There simply isn’t a spot for Brodie on next year’s roster, at least not one that involves significant playing time. Instead, they’ll allow him to pursue other opportunities on a new, cheaper deal instead of being saddled with the burden of an overpriced contract and likely ending up in the minors.

Flyers, Oilers, Sharks Linked To Jake Allen

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The Flyers, Oilers, and Sharks are among the most likely destinations for pending UFA netminder Jake Allen if he reaches the open market next week, according to David Pagnotta of The Fourth Period.

Allen reaching UFA status on July 1 seems likely at this stage. The 34-year-old is coming off a strong season as the No. 2 to Jacob Markström in New Jersey. He’s due to command a larger chunk of cash than he usually would otherwise because of a UFA class devoid of starting options. It’s not a guarantee, though. Devils general manager Tom Fitzgerald said earlier this month he’d make an effort to have Allen back in the fold next season and that there was some mutual interest in an extension.

Things have been quiet since then. Allen projects to land a two-year deal worth $3.5MM per season on the open market, according to AFP Analytics. With Markström likely to still receive the lion’s share of the starts as he enters the final year of his contract and the club looking to leverage its cap space to add to its forward group and get a long-term deal done for RFA defenseman Luke Hughes, that’s likely more than they’re willing to pay to keep him. They might be able to bring him back at a lower cap impact if they extend him a longer contract offer. Still, given his age and the fact that they have internal options like Nico Daws set to play next season on a one-way deal, it’s unclear if they’d be willing to offer him a three or four-year contract to bring the cap hit back down to the $2MM range.

That means Allen could be looking elsewhere for teams in a position to compensate him more up front and give him more than the 29 starts he received in New Jersey this past season. He doesn’t have a particularly lengthy resume as a starting or even 1A option, and he’s only hit the 40-game mark in a season once since 2019. Nonetheless, he played quite well in a 30-game slate last year behind much shoddier defense compared to how the Devils played in front of Markström. His .906 SV% and 2.66 GAA are above-average in their own right but translated to a far more raucous 18.4 goals saved above expected, according to MoneyPuck. That ranked ninth in the league and was more than names with more starts like Filip Gustavsson, Ilya Sorokin, and Joseph Woll.

He’s a good option to challenge an unestablished younger tandem option for the lion’s share of starts as a result, especially on the short-term commitment he’s expected to command. That makes all of Philadelphia, Edmonton, and San Jose logical fits. The Flyers arguably have the largest need for him. While they have Samuel Ersson and Ivan Fedotov under contract through next season, they were both fringe NHL options at best in 2024-25. Ersson was arguably the worst starter in the league, logging a .883 SV% behind a relatively competent Flyers defense that kept his GAA down to 3.14. While he’s recorded back-to-back 20-win seasons and may still have upside as a backup or 1B option, it’s hard to imagine the Flyers making any reasonable progress in their rebuild if he starts 40-plus games again in 2025-26 based on his underwhelming two years as a starter. Fedotov, while expensive at over $3MM against the cap, could be a candidate for waivers or a loan back to Russia after struggling to the tune of a .880 SV% and -13.6 GSAx in only 26 showings this year.

The Oilers’ need for a goaltending upgrade after Stuart Skinner and Calvin Pickard combined for a .888 SV% in the playoffs and a .897 mark in the regular season has become painfully apparent. If they’re unwilling or unable to leverage Skinner’s value how they see fit in a trade for a bona fide starting option – a highly unlikely outcome – they’ll likely look to land a modest return for the cost-effective Pickard while acquiring an option with a more recent consistent track record to take pressure off Skinner to be the clear-cut No. 1. They could find that in Allen. At his projected cap hit, they’d still be devoting just $6.1MM to their goaltending tandem, and seeing if Skinner can produce better numbers in a more limited workload will be valuable in helping them determine how aggressively to pursue extension talks for the 2026 UFA.

With Alexandar Georgiev out of the picture, one of the Sharks’ top offseason needs is a veteran goaltender to pair with top prospect Yaroslav Askarov as he graduates to a full-time NHL role for 2025-26. Allen would be the best available stopgap option as Askarov shifts from what will likely be a 40-game workload out of the gate to a 60-game one in a few years’ time. Swapping Allen’s play for Georgiev’s subpar .875 SV% and 3.88 GAA last season is likely enough on its own to vault the Sharks’ record back toward the 70-point range after averaging 53 standings points over the last three seasons amid the darkest years of their rebuild.

Offseason Checklist: Toronto Maple Leafs

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The offseason has arrived with the draft and free agency fast approaching.  Accordingly, it’s time to look at what each team needs to accomplish this summer.  Next up is a look at Toronto.

The Maple Leafs’ consistent run of strong regular-season play continued in 2024-25 with an 108-point season and their first division title in an 82-game season since 2000. While they did advance further in the postseason than in 22 years, they blew a 2-0 series lead in the second round against the eventual champion Panthers and failed to make their first Eastern Conference Final of the Auston Matthews era. General manager Brad Treliving now faces the most pivotal offseason in Toronto in years with multiple high-profile pending free agents and significant spending flexibility.

Identify Marner Replacements

Mitch Marner was the team’s third-highest-paid player at a $10.9MM cap hit as he completed the seven-year deal he signed as an RFA in 2019. He was easily set to become Toronto’s second-most or even highest-paid player ahead of Matthews this summer – that is, if he stayed with the Leafs instead of testing the open market. That won’t be the case, and the Leafs must now change from devoting resources to a Marner extension to identifying who can most effectively replace his production and add depth to the forward lineup.

Treliving is not finding a direct replacement for Marner’s 100-plus points; that much is certain. The trade-off for losing one of the league’s premier playmaking wingers will be the freedom of cap space re-allocation to improve the club’s depth lines while putting more trust in Matthews to anchor the top one. There will be at least two wingers acquired in Marner’s stead, either via trade or free agency. They already struck out on one – they were pretty interested in Mason Marchment before the Stars traded him to the Kraken last week.

They haven’t been heavily linked to the consensus No. 2 and No. 3 wingers on the market behind Marner this summer in Nikolaj Ehlers and Brock Boeser. There has, however, been heavy speculation about a fit between them and veteran Brad Marchand. Coming off a second-place finish in Conn Smythe Trophy voting after rattling off 20 points in 23 games in Florida’s Stanley Cup win, the Leafs are in a better position to give him a lucrative mid-term deal compared to most other contenders and would give him the opportunity to play at home in Canada for the first timem in his 13-year career. Even at his highest feasible price point, they’d still have another $2.5MM to $3MM to spend on a middle-six winger to complement names like William Nylander and Max Domi while presumably slotting Marchand in Marner’s slot alongside Matthews and Matthew Knies (more on him later).

After striking out on a player with upward top-nine mobility at a cheap price point in Marchment, that appears to be a path Treliving is heavily considering. Former 35-goal man Andrew Mangiapane is heading to the market after a tough season with the Capitals and should be available around that aforementioned price point. Toronto is among the teams reportedly showing a keen interest in signing him when free agency opens on July 1.

Ramp Up Knies, Tavares Talks

The more cost certainty they have, the more active the Maple Leafs can be in achieving checklist item No. 1 in nine days. Right now, they have very little. Their top RFA, Knies, and their top UFA with a chance of extending/returning, center John Tavares, remain without new deals. It’s not the best omen. The tone around the Leafs and Knies’ negotiations has been overwhelmingly positive from the outset, with reporting last month indicating neither side was worried about an offer-sheet threat and that there was a mutual understanding of what the final deal would end up looking like. There seemingly hasn’t been any notable progress in talks since that point, David Pagnotta of The Fourth Period said Friday.

There’s similarly no extension imminent with Tavares, Pierre LeBrun of The Athletic relayed in the last couple of days. That’s the more concerning bit of news. An offer sheet is always a possibility for Knies, but he at least remains under team control past July 1, and he has to actually sign the offer sheet for it to be of any significance. Tavares hitting the open market and leaving without a quick succession plan in place could result in disaster down the middle without a ton of suitable 2C replacements on the open market, particularly after Matt Duchene recently extended with the Stars on a quite team-friendly pact.

The act of re-signing Tavares frees up cap space, not limits it. His next deal won’t come anywhere close to his expiring $11MM cap hit, cementing both a discount at the center position for Toronto behind Matthews and added cost certainty to firm up the roster around the edges behind whatever the largest open-market splash they’re able to make ends up being.

There’s also the stipulation that while losing Marner’s point production without being able to get close to reconstructing it by committee would be tough to swallow, losing Tavares’ output in the same manner would be disastrous. While the 34-year-old may not have been fully worth the cap space he was taking up at the end of his deal, he was still an incredibly high-end producer last season. His 38 goals in 75 games were 12th in the league and marked his second-best goal-scoring season as a Leaf. He was also top-40 in the league in points per game at 0.99. Aside from veteran stopgap Mikael Granlund, there’s no UFA center with that kind of output as his ceiling. Among trade options, young Wild pivot Marco Rossi would be the only one fitting that bill, but Toronto wouldn’t be willing to part with the NHL-ready assets Minnesota wants in return, considering their existing issues navigating roster turnover this summer.

Explore Cap-Clearing Trade

Despite the lack of easily attainable potential replacements for their pending free agents, the Leafs at least have nearly $26MM in spending flexibility at the start of free agency to remove that as an immediately limiting factor. They could still open up their window of options even wider and prevent an August/September cap crunch by shedding a low-value contract now. They don’t have many, but there are a few among their depth forwards. Veteran winger Calle Järnkrok is entering the final year of his contract at a $2.1MM cap hit and has minimal trade protection with a 10-team no-trade list. He could be well-positioned to land them a legitimate return at that price point, but he could also be a cost-effective rebound candidate for them, too. Injuries limited him to just 19 regular-season games last year and he was underwhelming in the playoffs, but he’s averaged 38 points per 82 games since signing in Toronto three years ago.

A more desirable deal to move if possible would be David Kämpf, making $2.4MM against the cap through 2026-27 with a 10-team no-trade list that lapses in the summer of 2026. That’s notable as a team acquiring Kämpf now could flip him again next season without any contractual obstacle. He was an increasingly frequent healthy scratch last year, had 13 points and a minus-one rating in 59 games, and saw his ice time dip to a career-low 12:24 per game when dressed. He’s a true redundancy with a cheaper, higher-ceiling offensive option in the mix next year in Scott Laughton after being acquired from the Flyers at the trade deadline.

There’s also the matter of veteran enforcer Ryan Reaves, who remains under contract at a $1.35MM cap hit. They can reduce that to just $200K by waiving him and burying him in the minors like they did for the home stretch last year. They’ll presumably do that again if he’s still on the books, but if they can make the deal someone else’s problem for a low-round draft pick, they’ll presumably explore that to open up as much spending flexibility as possible.

Upgrade Scoring Depth

Any cap savings created by Toronto’s turnover this summer outside of direct replacements or new deals for pending UFAs should be staying with the forward group. There are a few reasons for this. For one, there’s little to no maneuverability (or motivation) to alter the personnel anywhere else on the roster. The Leafs have one of the league’s most cost-effective goaltending tandems, and their veteran defense corps shone bright under head coach Craig Berube last season. Even if they wanted to make a change, they already have nine defenders signed to one-way deals for next season, most with significant trade protection.

The secondary roster construction goal for Treliving this summer needs to be helping the club rediscover its offensive ceiling. Their 3.26 goals per game was still top 10 in the league in 2024-25, but their lowest output since the 2016-17 campaign nonetheless. While they had six 20-goal scorers last year, the dropoff after them was steep, and only eight players hit the 30-point mark.

In the past couple of years, these types of pickups have needed to wait until closer to training camp, as was the case with Steven Lorentz and Max Pacioretty in 2024. This offseason, Treliving has the spending flexibility up front to get cheap depth pickups out of the way early, but he might be better served to wait a couple of weeks for prices to come down.

Image courtesy of Nick Turchiaro-Imagn Images.

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