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Penguins Sign Sebastian Aho To Two-Year Deal

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The Penguins have signed UFA defenseman Sebastian Aho to a two-year deal carrying the league minimum $775K AAV, per a team announcement. Stefen Rosner of NHL.com and The Hockey News was the first to report the signing Tuesday afternoon.

Aho, 28, isn’t related to the Hurricanes star center of the same name. The left-shot Swede had been a career Islander up to this point, playing in parts of five NHL seasons after being drafted by them in the fifth round in 2017.

He’d wanted to stick around with the Islanders, per Rosner, but either wasn’t offered an extension or felt he could land a better deal elsewhere. While he doesn’t get a ton of cash in his agreement with Pittsburgh, it is a one-way deal and gives him some stability through 2025-26.

Aho is in his prime and isn’t much more than a run-of-the-mill third-pairing defender, but he has proved he can handle regular NHL action. He was a regular on the Isles’ blue line one season ago, recording a career-high 23 points in 71 games with a +9 rating. He’s a solid puck mover with good defensive instincts who hasn’t seen minor-league action since before the pandemic, frequently giving New York solid depth minutes in his fringe role.

Signing Aho signals a preference for more offensively-inclined depth on defense than Pittsburgh had last year. He, along with recent UFA signing Matt Grzelcyk, has more ceiling and upward mobility than the rotating cast of John Ludvig, Ryan Shea and John St. Ivany that the Pens used in-depth roles last season. For now, he and Grzelcyk project as a potential bottom pairing on opening night. The aforementioned trio will also be in contention for roster spots.

Aho also marks a cheaper replacement with a similar skillset to Pierre-Olivier Joseph, who was left unqualified over the weekend and became a UFA. Joseph, 25, has had similar production to Aho the past two years but was due a slightly richer qualifying offer of $892.5K and was eligible for salary arbitration.

Golden Knights Sign Victor Olofsson

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1:17 p.m.: Vegas has confirmed the Olofsson signing.

12:20 p.m.: The Golden Knights are expected to add some depth scoring in the form of UFA winger Victor Olofsson, PuckPedia reports. It’ll be a one-year deal worth $1.075MM, per David Pagnotta of The Fourth Period.

With the signing, the 28-year-old Olofsson leaves the only NHL home he’s ever known. A seventh-round pick of the Sabres, Olofsson ended up giving Buffalo great value for such a late-round selection. While a well-documented one-dimensional talent, he’s a three-time 20-goal scorer and is two years removed from a career-best 49 points in 72 games with the Sabres.

2023-24 was an extremely trying campaign for Olofsson, though, and it was clear he wouldn’t be brought back. After a difficult start to the season, he requested a trade prior to the deadline, although GM Kevyn Adams couldn’t find a deal. Now, he had a bit more agency in finding his next team on the open market.

Last year was inarguably Olofsson’s worst since breaking into the league in 2019. He was a frequent healthy scratch and was rendered largely ineffective when in the lineup, limited to seven goals and 15 points in 51 games in solely fourth-line minutes (11:34 per game). And without his goal-scoring, there isn’t much to like about his game. Looking at traditional plus-minus ratings to develop an informed opinion about a player’s defensive acumen isn’t always the best idea, but his career -63 rating in 314 games is telling. He’s also never had an xGF% above 50 at even strength in his five full NHL seasons and has struggled to control shot attempts, particularly over the past two seasons.

However, it’s a no-risk signing for Vegas at a one-year term with a cap hit that’s fully buriable in the minors. They’ll need a group effort to shoulder the loss of forwards Michael Amadio, Jonathan Marchessault and Chandler Stephenson, who all headed elsewhere when the UFA market opened yesterday.

Marchessault’s 40-plus goals last season will be especially difficult to replace, but a full season of deadline add Tomáš Hertl will take a lot of that burden away from Vegas’ young players and depth additions like Olofsson. He joins a group of secondary scorers that includes Golden Knights draft picks Brendan Brisson and Pavel Dorofeyev, as well as Devils 2020 top-10 selection Alexander Holtz, who was acquired via trade over the weekend and will be relied upon to help replace the aforementioned trio’s offense by committee.

Blues Acquire Radek Faksa, Mathieu Joseph

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The Blues have acquired center Radek Faksa from the Stars for future considerations, the team announced. In a separate trade with the Senators, they’ve also picked up winger Mathieu Joseph and a 2025 third-round pick with future considerations heading to Ottawa in return.

With the deals, St. Louis essentially makes a pair of slightly overpriced free-agent signings and receives a third-round pick for their trouble. Faksa is signed for next season at a $3.25MM cap hit, while Joseph is signed for two more years at a $2.95MM cap hit. No salary was retained in the deals.

Both should slot into everyday bottom-six roles with the Blues, while Joseph could have some mobility up to the second line. He’s coming off a strong season in a depth role for Ottawa, recording 11 goals and 35 points in 72 games. He was more than serviceable for what he cost, but the Sens desperately needed to open up cap space with Shane Pinto in need of a new contract (although he does remain a trade candidate, per The Fourth Period’s Anthony Di Marco) and a handful of other forward spots still to fill.

The problem for Ottawa is that they’ll now need to replace Joseph’s production, not something they can confidently do for less than what he costs. After parting ways with him and picking up Michael Amadio and David Perron in free agency yesterday, they likely still need a top-nine forward in order to boast a playoff-caliber offense next season, something they may not be able to afford based on how much a new deal for Pinto costs them. They have $7.35MM in projected cap space remaining after the Joseph trade, per CapFriendly.

Dallas, too, needed to open up some cap space for an RFA in need of a new deal – defenseman Thomas Harley. The Stars rebuilt their blue line on the fly yesterday after losing Jani Hakanpää and Chris Tanev and buying out Ryan Suter, bringing in Mathew Dumba, Ilya Lyubushkin and Brendan Smith while also giving a new deal to Nils Lundkvist, who was briefly a UFA after not receiving a qualifying offer. They now have almost $8MM in space after the move, opening enough space to re-sign Harley and land a more economical replacement for Faksa on the open market among the few names that are left.

Faksa’s cap hit wasn’t an outright albatross for Dallas, and he remains a premier fourth-line center with a good defensive game, receiving Selke votes four times in his career. But over $3MM annually was a tad tough to swallow for a player who’s only had double-digit goals once in the past four years and is coming off a 19-point campaign in 74 games last season. His usage had slipped, averaging 12:31 per game last season – his lowest since his rookie year.

He’s a similarly-priced and more defensively-oriented replacement in St. Louis for Kevin Hayes, who they traded to the Penguins over the weekend. Over his first 638 NHL games, all in Dallas, Faksa had 89 goals and 200 points with a -11 rating.

Image courtesy of USA Today Sports.

Daily Faceoff’s Frank Seravalli was first to report that Faksa was headed to the Blues.
Sportsnet’s Elliotte Friedman was first to report the Blues were acquiring Joseph.
TSN’s Chris Johnston was first to report the Senators were sending a draft pick to the Blues in exchange for future considerations.

Maple Leafs Sign Anthony Stolarz, Matt Murray

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July 2: Murray is back in Toronto on a one-year, $875K deal, the team confirmed. They’ve also made Stolarz’s signing official.

July 1: With a huge need for help between the pipes, Kevin Weekes of ESPN reports the Toronto Maple Leafs have agreed to a two-year contract with goaltender Anthony Stolarz. Sportsnet’s Elliotte Friedman confirms Stolarz will earn an AAV of $2.5MM. Matt Murray is returning to Toronto for goaltending depth on an undisclosed contract, per TSN’s Darren Dreger.

After signing goalie Joseph Woll to a three-year extension shortly before the start of free agency, the Maple Leafs needed to find a reliable backup option in the net. Putting together quality seasons in four years as backup to John Gibson with the Anaheim Ducks, Stolarz landed with the eventual Stanley Cup Champion Florida Panthers last offseason.

The move to Florida did him well as Stolarz put together a 16-7-2 record in 24 starts behind the best defensive team in the league. Stolarz also finished with a career-high mark in save percentage with .925 as well as goals against average with 2.03. Although Stolarz will not have the same defensive prowess in front of him in Toronto, he represented one of the most valuable backup options on the market.

In more surprising news, the team opted to re-sign Murray even though he has not appeared in an NHL contest since the 2022-23 regular season. Suffering from chronic injuries throughout his tenure in the Maple Leafs organization, Murray will be Toronto’s third-string netminder to start the season.

Rangers Sign Casey Fitzgerald, Benoit-Olivier Groulx

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The Rangers have added some NHL-experienced depth on cheap deals. Defenseman Casey Fitzgerald is joining on a two-year contract, while forward Benoit-Olivier Groulx is heading to New York on a one-year pact after being non-tendered by the Ducks, per a team announcement. Fitzgerald’s is a two-way deal in 2024-25 before converting to a one-way deal in 2025-26, while Groulx’s is a two-way deal, Mollie Walker of the New York Post reports.

Fitzgerald, 27, is coming off a one-year, two-way deal with the Panthers that saw him buried in the minors for the entire season for the first time since 2020-21. He played in 69 games on assignment to the AHL’s Charlotte Checkers, notching four goals and 17 assists for 21 points with a +22 rating and 65 PIMs.

The son of Devils GM Tom Fitzgerald has played 148 career AHL games across five seasons in the Panthers and Sabres organizations, recording 55 points (13 goals, 42 assists). He has also skated in 63 NHL games in Buffalo and Florida in the 2021-22 and 2022-23 campaigns, collecting nine assists and a -21 rating. He’s still on the hunt for his first major league goal. He was originally a third-round pick of the Sabres in 2016.

The physical right-shot blue liner is expected to start the season on assignment to AHL Hartford but will be an outside candidate to land a spot on the NHL roster out of camp as an extra defenseman. His main competition for the role as it stands will be Connor Mackey. Either way, there’s an increased opportunity for the Rangers’ depth defenders to find NHL minutes next season with Erik Gustafsson and Chad Ruhwedel hitting free agency.

Groulx, 24, was a second-round pick of the Ducks back in 2018 but hit the open market early after a disappointing 2023-24 campaign, recording only two assists and a -9 rating in 45 games for Anaheim while averaging 12:11 per game. He’s scored only once in 65 NHL games dating back to his debut in 2021-22. He can play both left wing and center but has struggled in the faceoff dot at the NHL level, winning 44.4% of his draws.

His possession impacts in Anaheim have been quite poor, too, but he could carry some value as a cheap energy winger, especially for what’s likely a league-minimum cap hit. He finished seventh on the Ducks in hits (101) last season and has good size at 6’2″ and nearly 200 lbs. He’ll enter camp competing with UFA addition Sam Carrick and familiar faces Jonny Brodzinski, Adam Edstrom and Matt Rempe for a fourth-line/extra forward role.

Utah Signs Andrew Agozzino, Travis Barron To Two-Way Deals

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Utah is bringing in some more minor-league reinforcements ahead of their first season. Journeyman forward Andrew Agozzino has inked a two-year, two-way deal, while ex-Coyotes minor league winger Travis Barron will remain with AHL Tucson next season on a one-year, two-way deal as they switch affiliations from Arizona to Utah. Financial terms were not disclosed.

Agozzino, 33, is a premier AHL scoring forward and often sits high on the list of potential recalls with whatever club he happens to be signed with. He’s bounced around plenty of times throughout his career, with Utah becoming the sixth different team he’s signed an NHL contract with and his fourth team in the past four years.

He spent last season with the Ducks but didn’t see NHL ice for the first time since 2017-18. He didn’t let it get him down, leading AHL San Diego in scoring with 26 goals and 64 points in 72 games. He won’t be much of a factor in the NHL for Utah in their inaugural campaign, but he’s an important reinforcement for Tucson and should be a first-line fixture for their minor league club.

Barron, 25, will stick around after spending the last three seasons on AHL and NHL contracts with the Roadrunners. A checking winger first and foremost, he’s contributed 29 goals and 62 points in 182 games for Tucson since signing with them in 2021. Utah becomes his third NHL team after previously signing deals with the Avalanche and Coyotes – he was a Colorado seventh-round pick back in 2016 and suited up for their AHL affiliate, the Colorado Eagles in parts of three seasons.

Utah now has 37 standard player contracts signed for 2024-25 after the moves, 13 short of the limit, per CapFriendly.

Capitals Sign Luke Philp, Spencer Smallman To Two-Way Deals

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The Capitals have signed forwards Luke Philp and Spencer Smallman to two-way deals, according to a team release. They both carry $775K cap hits and NHL salaries. Philp will earn $375K while in the minors, and Smallman will earn $350K.

Now entering his sixth professional season, Philp, 28, will look to rebound after an injury-plagued 2023-24 campaign. An Achilles injury sustained in August limited him to 15 games of action last season, all with the Blackhawks’ AHL affiliate in Rockford. There, he had two goals and six points in 15 games. He’s one year removed from making his NHL debut with Chicago, recording an assist and an even rating in three games in 2022-23.

Philp is a top-six AHL forward when healthy and can play both center and right wing. After recording 53 points in 60 games with Rockford a season ago, he’ll presumably head to Washington’s affiliate, the Hershey Bears, who have won back-to-back Calder Cup championships.

Smallman will join Philp in Hershey. The 27-year-old has spent the last two seasons on a two-way deal with the Avalanche, which didn’t result in any NHL time. The 6’1″ right-winger is a decent minor-league depth scoring presence and had 12 goals and 21 points in 53 games last season.

Neither are likely candidates to receive NHL call-ups next season and will be far down the list of potential injury replacements in Hershey, although Philp could see some action if Washington needs immediate short-term help down the middle. Both will become UFAs upon expiry next summer.

Kraken Sign Ben Meyers To One-Way Deal

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The Kraken have signed left winger/center Ben Meyers to a one-year, one-way, league minimum deal, the club announced last night. He became a UFA early, thanks to his Group VI status, and moves on to his third NHL club in the past few months.

Meyers, 25, will be a familiar face for Minnesotans and avid national team followers. The 5’11”, defensively-sound pivot was a star for the University of Minnesota not all that long ago and represented the United States at the 2022 Olympics, where he had four points in four games. Unfortunately, it hasn’t been a smooth NHL ride for Meyers, who signed with the Avalanche as an undrafted free agent after wrapping up his collegiate career two years ago.

He couldn’t make a consistent NHL impact in Colorado, spending about half his time in the Avs organization in the minors. Even when in the NHL, he had a minimal impact, limited to six goals and no assists in 53 games across parts of three seasons in solely fourth-line minutes. A trade deadline deal sent him to the Ducks for a fifth-round pick a few months back, where nothing really changed. While he wasn’t demoted to their minor-league affiliate, he didn’t do much to elevate himself in the Anaheim lineup, recording two assists and a -2 rating in 14 games.

Meyers had good numbers with the AHL’s Colorado Eagles over the past two years, though, and now looks to parlay that into an NHL roster spot in Seattle. A one-way deal, while still completely buriable in the minors, suggests he has the inside track on one of the forward spots up for grabs out of training camp in the fall. He’ll be competing to replace depth forwards like Pierre-Édouard Bellemare and Kailer Yamamoto, who are unlikely to return to the Kraken after reaching UFA status yesterday.

If Meyers plays at least 13 games for Seattle next year, they’ll control his signing rights next summer as an RFA with arbitration rights. If not, he maintains his Group VI status and will be a UFA upon expiry.

Minor Free Agent Signings: Pacific Division

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With over 180 deals signed during the first day of free agency yesterday, some smaller names may have gotten lost in the shuffle. Here’s a list of names that have inked two-way deals with Pacific Division clubs since the market opened yesterday, per CapFriendly. Some of these may have been included in our main coverage yesterday, while others went under the radar. All contracts carry the league-minimum $775K cap hit unless stated otherwise). Those listed here are likely to begin 2024-25 with each team’s AHL affiliate.

Anaheim Ducks

none

Calgary Flames

G Devin Cooley (two years)
F Martin Frk (one year)

Edmonton Oilers

D Connor Carrick (one year)
G Collin Delia (one year)
F James Hamblin (two years)
D Noel Hoefenmayer (one year)
F Noah Philp (one year)

Los Angeles Kings

F Glenn Gawdin (two years)
F Tyler Madden (one year)
F Jack Studnicka (one year)
D Reilly Walsh (one year)

San Jose Sharks

D Lucas Carlsson (two years, $800K cap hit)
D Jimmy Schuldt (one year)

Seattle Kraken

F Brandon Biro (one year)
D Nikolas Brouillard (one year)
D Maxime Lajoie (one year)
F Mitchell Stephens (two years)

Vancouver Canucks

G Jiří Patera (one year)
F Nathan Smith (one year)

Vegas Golden Knights

F Zach Aston-Reese (one year)

Minor Free Agent Signings: Central Division

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With over 180 deals signed during the first day of free agency yesterday, some smaller names may have gotten lost in the shuffle. Here’s a list of names that have inked two-way deals with Central Division clubs since the market opened yesterday, per CapFriendly. Some of these may have been included in our main coverage yesterday, while others went under the radar. All contracts carry the league-minimum $775K cap hit unless stated otherwise). Those listed here are likely to begin 2024-25 with each team’s AHL affiliate.

Chicago Blackhawks

none

Colorado Avalanche

F Joel Kiviranta (one year)

Dallas Stars

D Kyle Capobianco (two years)
F Cameron Hughes (one year)
F Kole Lind (one year)

Minnesota Wild

F Travis Boyd (one year)
D Joseph Cecconi (one year)
D Cameron Crotty (one year)
F Brendan Gaunce (two years)
G Troy Grosenick (one year)
F Ben Jones (two years)
F Devin Shore (one year)
F Reese Johnson (one year)

Nashville Predators

D Nick Blankenburg (two years)
F Vinnie Hinostroza (two years)
F Jake Lucchini (two years)
G Matt Murray (one year)

St. Louis Blues

none

Utah Hockey Club

D Kevin Connauton (two years)
F Miko Matikka (three years, $870K entry-level cap hit)

Winnipeg Jets

none

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