Flames To Sign Mantha, Bean, Cooley; Extend Sharangovich
The Flames are landing UFA winger Anthony Mantha on a one-year deal worth $3.5MM, Sportsnet’s Elliotte Friedman reports. They’ve also signed forward Yegor Sharangovich to a five-year, $5.75MM AAV extension, per his agent Dan Milstein. He was entering the final year of his contract.
Additionally, Calgary is closing in on a two-year deal worth under $2MM annually for defenseman Jake Bean, per Daily Faceoff’s Frank Seravalli. TSN’s Chris Johnston clarifies the AAV is $1.75MM. Milstein also adds they’re signing Devin Cooley for goaltending depth on a two-year deal worth $775K annually. It’s a two-way deal in the first year with a $400K AHL salary.
Mantha is looking to rebound off a disappointing finish in what appeared to be a strong season. In 56 games with the Washington Capitals to start the season, Mantha put together 20 goals and 34 points before being traded to the Vegas Golden Knights for a pair of draft picks. Unfortunately, the experience in Vegas did not pan out for either side as Mantha collected three goals and 10 points in 18 games after the trade before finally being scratched in the 2024 Stanley Cup playoffs.
After a season of change in Calgary, Mantha will be looking to provide a full year of quality production with increased opportunity. The Flames top six has seen multiple changes over the last calendar year and Mantha represents a capable option to plug into the team’s top-six. It’s a low-risk contract for a team that will likely attempt to move on from Mantha at next season’s trade deadline.
In addition to Mantha, the Flames organization made a sizeable commitment to Sharangovich a year after the team acquired him from the New Jersey Devils. Sharangovich played extraordinarily well in his first season in Alberta as he scored 31 goals and 59 points while appearing in all 82 regular season contests. With the extension kicking in July 1st, 2025, Sharangovich will not need a new contract until after the 2029-30 NHL season.
The Flames also pounced on Bean after the Columbus Blue Jackets decided not to tender him a qualifying offer — making him an unrestricted free agent. Bean is set to get more of an opportunity in Calgary as the team could slot him next to Daniil Miromanov in the team’s top four.
Lastly, the Flames organization adds Cooley from the San Jose Sharks organization as a third-string goaltender. Getting his first taste of NHL action last year, Cooley put up a 2-3-1 record over six starts and held a .870 save percentage and 4.98 goals against average.
Capitals Sign Matt Roy, Taylor Raddysh
The Washington Capitals have signed defenseman Matt Roy to a six-year, $33MM contract, per Sportsnet’s Elliotte Friedman (Twitter link). The deal will carry an annual cap hit of $5.5MM. The Capitals have also signed depth forward Taylor Raddysh to a one-year, $1MM deal per PuckPedia (Twitter link).
Attempting to improve their finish from last season, the Capitals are making heavy investments in their defensive core. After acquiring left-handed defenseman Jakob Chychrun from the Ottawa Senators, Washington improved their right side with a long-term commitment to Roy. The two-day defenseman had spent the last six years with the Los Angeles Kings after being selected by the team in the seventh round of the 2015 NHL Draft.
Behind Drew Doughty in Los Angeles, Roy became a significantly underrated defenseman. Over the last three years, Roy suited up in 230 games for the Kings while collecting 16 goals and 72 points overall and posting a combined +52 rating. Additionally — Roy averaged 1.72 hits per game and 1.96 blocked shots per game in those three years proving he is not shy about using his body to impact the play.
The only downside of Roy’s contract in Washington is that the team is now $4.88MM over the cap after factoring in the lost contract of Nicklas Backstrom. To trim up their cap situation, the team may look to move on from T.J. Oshie, Trevor van Riemsdyk, or Ethan Bear in the next couple of days.
Raddysh represents an investment in the team’s middle six, but he may end the 2024-25 season on the Hershey Bears. After a strong showing with the Chicago Blackhawks during the 2022-23 regular season, Raddysh experienced a downfall last year as he only mustered five goals and 14 points in 73 games. He did show some strengths on the defensive side of the puck; however, which may have led the Capitals to give him a $1MM deal for next season.
Senators Trade Jakob Chychrun To Capitals
The Washington Capitals have acquired defenseman Jakob Chychrun from the Ottawa Senators, per a team announcement. Ottawa is receiving defenseman Nick Jensen and a 2026 third-round pick in return. The deal comes nearly a year and a half after the Senators acquired Chychrun from the Arizona Coyotes in exchange for a 2023 first-round pick, a 2024 second-round pick, and a 2026 second-round pick.
Chychrun should immediately step into a top-four position on the Capitals blue line next to a shutdown defenseman. On a subpar Senators team, Chychrun put up 14 goals and 41 points in 82 games with 16 of those points coming while on the team’s powerplay.
There is some critique of Chychrun’s game on the defensive side of the puck as he finished the 2023-24 season with a -30 rating on the team’s top-pairing. In Chychrun’s defense, Ottawa was plagued by uniquely bad goaltending during the regular season which could have also factored into Chychrun’s 88.0% on-ice save percentage in all situations. The young defenseman finished the year with an expected +/- of 0.4 according to HockeyReference which shows some of Chychrun’s poor defensive metrics were in part due to the Senators’ style of play.
Heading to Ottawa is Jensen who has two years remaining on a three-year, $12.12MM extension signed with Washington towards the end of the 2022-23 regular season. Heading into the 2023-24 season, Jensen was coming off a stretch of 153 games with the Capitals in which he scored 10 goals and 50 points from the blue line. Jensen would only score one goal and 14 points in 79 games for the Capitals this season in a disappointing follow-up.
Becoming more apparent by the day that Chychrun was unwilling to sign an extension with the Senators, the team can get out from under his contract while keeping their defensive structure in place. Chychrun will be an unrestricted free agent at the end of the season as the 26-year-old defenseman is approaching the end of a six-year, $27.6MM contract originally signed with the Arizona Coyotes.
Sabres Sign Sam Lafferty, Josh Dunne, Felix Sandström
Making a solid addition to the team’s bottom six — Chris Johnston of TSN reports the Buffalo Sabres are expected to sign forward Sam Lafferty. Per Sportsnet’s Elliotte Friedman, the contract will be a two-year, $4MM contract between Lafferty and Buffalo.
Buffalo has also signed forward Joshua Dunne to a two-year contract, per Andy Strickland (Twitter link). Strickland adds that the deal will be one-way in the second year. They’ve also added goalie Felix Sandström on a two-way deal, per TSN’s Darren Dreger.
Heading into the offseason, the Sabres were looking to upgrade the team’s bottom-six and the signing of Lafferty does just that. Lafferty followed up a 2022-23 season split between the Chicago Blackhawks and Toronto Maple Leafs which saw him score 12 goals and 27 points in 70 games with 13 goals and 24 points in 79 games with the Vancouver Canucks this past season. On the defensive side of the puck, Lafferty has put up 92.9% and 91.3% on-ice save percentages in the last two years, respectively. The only criticism of Lafferty’s game may be his work in the dot as he only mustered 150 faceoff wins in 356 attempts for the Canucks last year.
Aside from Lafferty, Dunne and Sandstrom will likely start the year for the Sabres AHL affiliate, the Rochester Americans. Dunne is coming off a disappointing regular season with the Cleveland Monsters of the AHL as he scored two goals and seven points in 25 games. While finding consistency after an injury is always difficult, Dunne performed well for the Monsters in the 2024 Calder Cup playoffs scoring seven goals and 11 points in 14 postseason contests.
Sandstrom represents a solid addition to organizational depth at the goaltender position. Although Buffalo will hope Ukko-Pekka Luukkonen and Devon Levi will receive the majority of starts next season, Sandstrom has plenty of experience as a backup at the NHL level. Two years ago, Sandstrom spent the year as a backup for the Philadelphia Flyers as he posted a 3-12-3 record in 18 starts while earning a .880 save percentage and 3.72 goals against average.
Hurricanes Re-Sign Jordan Martinook
The Carolina Hurricanes have re-signed forward Jordan Martinook to a three-year, $9.15MM contract, per Sportsnet’s Elliotte Friedman (Twitter link). The deal carries an annual cap hit of $3.05MM.
The contract represents a staunch commitment from the Hurricanes organization to a player that the team placed on waivers to open the 2023-24 NHL season. Martinook has spent the last six years of his career in Carolina and has put up back-to-back 30-point campaigns. Spending much of his first few years in a bottom-six role, Martinook has been elevated up the lineup to more of a middle-six option in Carolina. Over the past two years, Martinook has appeared in all 164 games while scoring 27 goals and 66 points in total.
Martinook’s true value comes from his play on the defensive side of the puck, as he’s secured Selke Trophy votes in the last two seasons. The veteran forward consistently has a dramatic gap between takeaways and giveaways leading to a career-best 58.6% CorsiFor% this past season.
He is also a clutch playoff performer in contrast to his role on the team as Martinook has scored five goals and 16 points over 26 postseason games in the organization’s last two runs in the Stanley Cup playoffs. Even though Martinook brings all that to the table for Carolina, this contract still appears a tad bloated at face value.
Devils Sign Brett Pesce, Brenden Dillon
10:44 a.m.: It’s a three-year deal for Dillon, CHEK’s Rick Dhaliwal reports. NJ.com’s Ryan Novozinsky confirms it carries a $4MM cap hit.
9:17 a.m.: The Devils are expected to agree to terms on a deal for UFA defenseman Brett Pesce, according to Chris Johnston of The Athletic, who reports that the top-four stalwart will ink a six-year, $33MM contract ($5.5MM cap hit). They’re also expected to add veteran left-shot blue liner Brenden Dillon, reports ESPN’s Kevin Weekes.
There had been rumblings leading up to free agency that Pesce was the Devils’ top target on the back end, and it appears they’re getting their man. It was clear they were gearing up for a move, especially on the right side, after they traded away John Marino and his $4.4MM cap hit to Utah on Saturday. The Maple Leafs and Predators were also expected to be top suitors for Pesce, but the former likely took themselves out of the picture after acquiring the signing rights to Chris Tanev from the Stars.
Pesce, 29, has been a top-four fixture for the Hurricanes for nearly a decade. The 2013 third-round pick made his first splash in the NHL just two years later, spending one season in a bottom-pairing role for Carolina before consistently establishing himself as a 20-minute-muncher in his sophomore campaign. Pesce has finished in the top 20 in Norris Trophy voting on two occasions (2019 and 2021) and has firmly established himself as one of the steadier shutdown threats in the league.
He’s coming off somewhat of a down year offensively with 13 points in 70 games, but also received his lowest usage (20:17 per game) since 2019, with the Canes running one of the deepest defenses in the league. In New Jersey, he replaces Marino as the primary right-shot option behind Dougie Hamilton. He’ll anchor second-pairing minutes in the Garden State, potentially alongside 2024 Calder Trophy finalist Luke Hughes.
The Devils now also look to land a solid veteran presence in Dillon, although it’s not clear how long he’ll stick around with no contract terms reported yet. Now 33, Dillon had spent the last three seasons with the Jets, where he accumulated 63 points and a +38 rating in 238 games (with 235 PIMs to boot). He’s not quite the minute-muncher Pesce is, but still has mobility into top-four roles for the time being. with Jonas Siegenthaler and second-year blue liner Simon Nemec also in the picture, the Devils’ defense for next season is likely now set. They also added additional depth in a trade with the Canadiens yesterday, picking up Johnathan Kovacevic.
Image courtesy of USA Today Sports.
Sharks Sign Tyler Toffoli To Four-Year Contract
Kevin Weekes of ESPN reports that forward Tyler Toffoli will sign with the San Jose Sharks once free agency opens up at the top of the hour. According to Pierre LeBrun of TSN, the Sharks will pay Toffoli a total of $6MM per season.
Since the start of the 2021-22 NHL season, Toffoli has played for four different teams on a tour across Canada and the Atlantic coast of the United States. David Pagnotta of The Fourth Period reports the contract will be a four-year agreement between the Sharks and Toffoli, giving the scoring winger a sense of stability for the time being.
Regardless of the constant change of scenery, Toffoli has kept pace as one of the better-scoring wingers around the league. In 156 games over the last three years split between the Montreal Canadiens, Calgary Flames, New Jersey Devils, and Winnipeg Jets, Toffoli has put up 54 goals and 122 points. Achieving back-to-back 30-goal campaigns over the past two years, Toffoli may be a good bet to reach the 40-goal total for the first time in his career as he should be expected to log heavy minutes for the Sharks.
Not only does Toffoli bring valuable offensive prowess to a young San Jose lineup, but the veteran forward has appeared in four postseason runs over the last five years. In those four trips through the Stanley Cup playoffs, Toffoli has racked up 11 goals and 25 points over 46 games while also winning the Stanley Cup as a member of the Los Angeles Kings back in 2014.
All that compiled into one player is what makes this such a dynamic signing for the Sharks. The organization was desperate to improve upon a 2.20 GF/G and 20.19% powerplay percentage from a season ago. In Toffoli, the team adds that in addition to a veteran with plenty of playoff experience.
Predators Sign Steven Stamkos, Jonathan Marchessault, Brady Skjei
The Predators and star free agent forward Steven Stamkos are nearing an agreement on a four-year contract that will be worth $32MM, sources tell Pierre LeBrun of TSN. LeBrun also reports the Predators are close to finalizing a deal with 2023 Conn Smythe Trophy winner Jonathan Marchessault that would pay him around $27.5MM over five years. The respective cap hits would be $8MM for Stamkos and $5.5MM for Marchessault. Nashville keeps their roll going by signing defenseman Brady Skjei to a seven-year, $49MM contract, per LeBrun.
The Predators have become the team of the summer, adding three of the market’s top names in one fail swoop. Their group is headlined by Tampa Bay Lightning legend Stamkos, who’s decided on Nashville in the first trip to free agency of his career. Stamkos has accomplished everything he could have as a Lightning, holding the franchise record in games played, goals, and points – in addition to captaining the team to two Stanley Cups over his decade wearing the team’s ‘C’.
Stamkos should immediately become the team’s top option at center next to Filip Forsberg, giving the Predators flexibility in moving Ryan O’Reilly down to the second unit. Not only will the former first-overall pick assist Nashville on their already above-average 3.24 GF/G during the 2023-24 regular season, but he will also help the team increase their 21.56% powerplay percentage.
Banking on repeat performances from the rest of the forward core — the Predators are poised to have one of the deadliest offenses in the league next season.
The former captain of the Lightning will not be the only 40-goal scorer Nashville will add to the lineup today. Marchessault was one of the many players to break out in Vegas’ first year of action, scoring 27 goals and 75 points – the latter still a career-high. But Marchessault’s goal-scoring upside held strong, since totaling 192 goals across 514 games with Vegas, including a career-high 42 goals this season. On a five-year contract, the Predators hope Marchessault can continue his recent work of averaging 55-70 points in a season while keeping up his status as a hard-nosed player.
General Manager Barry Trotz was not content with singularly upgrading the team’s offensive prowess as they added Skjei on a long-term contract. Skjei similarly found his stride after a move, emerging as a true top defender with 39, 38, and 47 points across the last three seasons. Skjei averaged nearly 22 minutes of ice time over that stretch while adding strong value to both special teams.
The only reason for skepticism on behalf of Skjei’s contract is how well he will operate outside the Carolina Hurricanes’ system. Nashville deploys a similar system as Carolina but does not bring the same pedigree as a possession-dominant team. Because of this, Skjei’s possession metrics increased dramatically since his time with the New York Rangers, and the Predators should be confident he can add value to the team in this department rather than revert to his previous numbers.
These moves go a long way towards boosting Nashville’s top end, as they find one of the best top-line additions to the market in Stamkos while rounding out their second lines with Marchessault and Skjei. With all three of these deals considered, the Predators still boast $5.846MM in cap space, with two holes on defense. Those could be filled by call-ups Spencer Stastney or Marc Del Gaizo, though, potentially giving Nashville just enough space for one more addition.
Blackhawks Expected To Sign Teuvo Teravainen
The Chicago Blackhawks are expected to sign winger Teuvo Teravainen to a three-year, $16.2MM contract, shares PuckPedia (Twitter link).
This move reunites Teravainen with where it all began, having been selected by the Blackhawks 18th overall in the 2012 NHL Draft. Teravainen was drafted out of Finland’s Liiga, where he played two additional following his draft selection. The 2014-15 season marked Teravainen’s first full year in North American pros, and he managed it to good effect, earning an NHL role after posting 25 points in 39 games. The Blackhawks struggled to place the young and relatively inexperienced Teravainen in the lineup, but he still found his way to strong scoring – netting nine points in 34 regular season games and then lighting up for 10 points in 18 postseason games as the Blackhawks chased the 2015 Stanley Cup.
The performance during Chicago’s cup run turned Teravainen into a fan favorite, with Chicago eager for his first full NHL season in 2015-16. But Teravainen couldn’t hold onto his groove despite the anticipation, netting just 35 points in 78 games. Perhaps seeing their chance to sell high, Chicago dealt Teravainen to the Carolina Hurricanes, receiving a second and third-round pick in return, used on prospects Artur Kayumov and Keith Petruzzelli, respectively.
But Chicago was quickly forced to eat their words, as Teravainen posted 42 points in his first year with the Hurricanes, then exploded for 64, 76, and 63 points over the next three seasons. Each year was marked with high goal-scoring, including two 20-goal years. That’s the pace that Teravainen has held onto ever since, with last year’s 37 points in 68 games marking the lowest he’s scored when healthy in Carolina. Even then, he quickly rebounded, netting 25 goals and 53 points in 76 games this season. He added six points in 11 playoff games, pulling himself back into the scoring light after a down year.
He’ll now get a shot at potentially playing with Connor Bedard in a first-line role and is a major boon to their wing depth, joining Tyler Bertuzzi as their high-profile additions today.
St. Louis Blues Re-Sign Kasperi Kapanen
TSN’s Chris Johnston reports the St. Louis Blues will be re-signing forward Kasperi Kapanen. The new contract will be for one year and it will pay the Finnish a total of $1MM, according to PuckPedia.
After the Blues claimed Kapanen on waivers from the Pittsburgh Penguins during the 2022-23 NHL season, he appeared to look like a promising middle-six option within the organization. Appearing in 23 games down the stretch, Kapanen put up eight goals and 14 points while averaging nearly 17 minutes of ice time per night.
Unfortunately, Kapanen could not keep up that pace over a full regular season in St. Louis as he was only able to muster six goals and 22 points over 73 games this past year. Kapanen also saw his average ice time drop by nearly two minutes as he was primarily relegated to a bottom-six role with the organization. Despite his poor showing on the offensive side of the puck, there were some positive developments in his defensive game which may have led to this contract by the Blues.
Kapanen helped St. Louis with 37 takeaways over the 2023-24 season while only giving the puck away a total of 16 times. Furthermore, Kapanen held a 90.3% on-ice save percentage in all situations while making a majority of his starts in the team’s defensive zone. If the Blues can turn Kapanen into a defensive first forward that can generate 25-30 points a year, he will be a serviceable option towards the bottom of the team’s forward core.