Capitals Sign Justin Holl
According to David Pagnotta of The Fourth Period, the Washington Capitals have signed defenseman Justin Holl to a one-year, $900K contract.
It’s safe to say that Holl is no longer the defenseman he was. Throughout his final four years with the Maple Leafs, Holl was a steady presence on the right side of Toronto’s defensive corps, scoring nine goals and 79 points in 272 games with a +58 rating, averaging nearly 20 minutes of ice time per game. He was physical and blocked shots, which led to a three-year, $10.2MM contract with the Detroit Red Wings.
That contract almost immediately became a sunk cost. In his first season with the Red Wings, while having some injury concerns, Holl finished with five assists in 38 games, averaging the lowest ice time of his career over a full season. The next season, despite nearly doubling his games played, he registered two goals and eight points with a -7 rating.
Eventually, the Red Wings decided to stash Holl with the AHL’s Grand Rapids, where he spent his entire 2025-26 campaign before being sent to the St. Louis Blues in the Justin Faulk trade. Finishing his year in St. Louis Blues, Holl registered one goal and two points in nine games with the Blues.
Now, in Washington, Holl will no longer be saddled by an overpriced contract. He will likely serve as the team’s seventh defenseman to start the year, at least until Rasmus Sandin returns from injury.
Free Agent Focus: St. Louis Blues
Free agency is now less than a month away, and teams are looking ahead to when it opens. Even with the UFA crop being thinned out in recent months, there will be some quality veterans 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 Blues.
Key Restricted Free Agents
F Jonatan Berggren – Quietly one of the more useful depth additions of St. Louis’ season, Berggren arrived as a waiver-wire claim from the Detroit Red Wings and turned into a serviceable NHL contributor. The 25-year-old winger, a second-round pick of Detroit back in 2018, posted six goals and 16 points in 36 games with the Blues, impressive enough to profile as a capable bottom-six option on a team that will be entering a rebuild. Berggren more than justified the waiver claim, and re-signing him is an easy win: he’s a cheap, controllable scoring depth piece, and there’s every reason to think a bigger opportunity could bring out more from him.
D Matthew Kessel – A steady, no-frills right-shot defenseman, Kessel spent the year as St. Louis’ seventh blueliner, drawing in when injuries thinned the group and posting just three points across 29 games. The 25-year-old Arizona native, a fifth-round pick of the Blues in 2020, brings good size and reliable defensive habits without much offensive upside, and notably didn’t play a single game in the AHL this season, sticking on the NHL roster purely as depth insurance. Coming off an expiring $800K cap hit, he’s an easy, inexpensive qualifying-offer candidate to round out the organization’s defensive depth chart.
Other RFAs: F Mikhail Abramov, F Thomas Bordeleau, D Leo Loof
Key Unrestricted Free Agents
F Oskar Sundqvist – A familiar and respected face in St. Louis, Sundqvist returned for a second stint with the franchise he won the 2019 Stanley Cup alongside, but this season looked like the year the aging curve finally caught up. The 32-year-old put up a modest five goals and 17 points in 52 games while sliding down to a fourth-line, penalty-killing role, and the underlying numbers were rougher still; his shot-share and expected-goals metrics ranked at the very bottom among Blues regulars. He remains a willing, physical veteran who can play center or wing, but for a team committed to getting younger, it will be interesting to see how the Blues handle this.
D Justin Holl – Holl landed in St. Louis almost as an afterthought, arriving from Detroit at the trade deadline as a secondary piece in the deal that sent Justin Faulk to the Red Wings and brought back a prospect and a pair of draft picks. The veteran right-shot defenseman had spent the entire season to that point in the AHL for the first time in nearly a decade, then dressed for just nine games down the stretch with the Blues, chipping in two points while logging steady shutdown minutes. At 34 and a pending UFA, the 6-foot-4 blueliner is purely organizational depth at this point; a cheap re-sign isn’t out of the question, but there’s no urgency for a rebuilding club to bring him back.
Other UFAs: F Julien Gauthier, F Akil Thomas(Group-6), F Hugh McGing, D Hunter Skinner(Group-6), G Vadim Zherenko (Group-6)
Projected Cap Space
The Blues’ cap situation is one of the healthier ones in the league this summer. After falling out of the playoff race and selling at the deadline; trading captain Brayden Schenn to New York and shipping veteran defenseman Justin Faulk to Detroit for futures, St. Louis enters the offseason with the bulk of its young core already signed and a notably thin free-agent ledger, having handled its one RFA of consequence by re-signing Dylan Holloway to a five-year deal. With the salary cap set at $104MM and most of the roster locked in, the Blues project to carry roughly $15MM in space before accounting for their handful of qualifying offers, a figure that only climbs if veteran Torey Krug‘s $6.5MM hit lands on season-ending LTIR as expected. The bigger story, though, isn’t free agency at all: with a sell-and-rebuild mandate, Steen’s defining decisions will come on the trade market; most notably around winger Jordan Kyrou, whose future has dominated speculation even with a no-trade clause now in play. Goaltender Jordan Binnington, the subject of heavy deadline chatter before ultimately staying put in March, remains a possible secondary chip, and the Blues will also lean on a draft in which they hold three first-round picks (Nos. 11, 15 and 29).
Salary cap information via PuckPedia.
Red Wings Acquire Justin Faulk From Blues
According to TSN’s Bruce Garrioch, the Detroit Red Wings are considered the frontrunners for defenseman Justin Faulk if the Blues end up moving him before the deadline. According to Jeremy Rutherford of The Athletic, there is confidence that the two teams were able to place a trade call before the deadline.
TSN’s Darren Dreger shares that a first- and third-round pick are headed to St. Louis. Additionally, Dreger added that Justin Holl is also going to the Blues. Both teams have confirmed the trade, with the Red Wings announcing that prospect Dmitri Buchelnikov is also included in the trade. The first-round pick will be Detroit’s first this season and carries no protection per Max Bultman of The Athletic, whereas the third-round selection will be the one they acquired from the Pittsburgh Penguins earlier today for Elmer Söderblom.
Detroit was known to be looking for a right-handed top-four defenseman, and there were few options better than Faulk available. Despite being a competitive team this season, the Red Wings had little else on the blue line behind Simon Edvinsson and Moritz Seider.
Not only will Faulk help stabilize Detroit’s defensive corps this season, but he’ll be around next year, too. Thanks to his seven-year, $45.5MM contract extension with the Blues, Faulk is signed through next season at a relatively affordable $6.5MM cap hit. Additionally, he’ll only be owed $4.5MM in actual salary. He does have a 15-team no-trade clause in his contract, but there’s no word if he had to waive it to move to HockeyTown.
At this stage of his career, Faulk has become a jack-of-all-trades, master of none. He topped out with a 50-point performance with the Blues in the 2022-23 season, but hasn’t gotten close to those totals since.
Still, he has remained a complete player. Over the last three years, Faulk has averaged six goals and 31 points in 66 games, with over 22 minutes of ice time per game. Furthermore, he consistently blocks over 100 shots a season, which will benefit the trio of Edvinsson, Seider, and Ben Chiarot, each of whom has blocked over 100 shots this season.
Unfortunately, although he can offer help on the Red Wings’ power play and penalty kill, Faulk won’t do much to diminish Detroit’s goal-scoring woes at even strength. Of his 94 points throughout the last three seasons, 28 of those have come with a man advantage.
Meanwhile, the Blues will come out of today’s deadline with a pair of first-round picks in exchange for a few aging veterans. They were already known to be one of the few sellers entering deadline season, and have set themselves up nicely for Alexander Steen to take over as the next General Manager.
Holl will only serve as a warm body for the rest of the regular season. He will become an unrestricted free agent at the end of the season after watching his three-year, $10.2MM ($3.4MM AAV) contract expire.
It was a foregone conclusion that Holl wouldn’t be a part of the Red Wings’ plans this season, but there was little hope the team would be able to clear his salary off the books. After clearing waivers earlier this year, Holl, 34, has spent the entire season with the Grand Rapids Griffins, scoring two goals and 14 points in 41 games with a +19 rating.
Additionally, the Blues have also acquired a very intriguing prospect in Buchelnikov. The 22-year-old was drafted in the second round of the 2022 NHL Draft by the Red Wings and has been in the KHL ever since.
He’s made waves in the KHL over the past three years. Playing on three different teams, Buchelnikov has scored 41 goals and 106 points in 159 games. There will be a notable jump once he transitions to professional life in North America, but that’s extremely productive for a younger player in the top professional league on the other hemisphere.
Photo courtesy of Jeff Curry-Imagn Images.
Red Wings Reassign Justin Holl
1/31/26: Detroit has now reassigned Holl as well.
1/30/26: Detroit announced Friday morning that Dries has been reassigned back to AHL Grand Rapids. His stay on the NHL roster has therefore ended less than 24 hours after it began.
Dries did not dress for Detroit’s shootout loss to the Washington Capitals last night, instead serving as a healthy scratch. With the Griffins taking on the Chicago Wolves tonight, Dries’ reassignment allows Grand Rapids to have access to a key veteran for their final game this month.
The 31-year-old, who has played in over 100 NHL games, has not dressed for an NHL contest since 2022-23, and is still waiting on the chance to make his Red Wings debut.
1/29/26: The Red Wings announced they’ve recalled defenseman Justin Holl and center Sheldon Dries from AHL Grand Rapids. Defenseman Simon Edvinsson was placed on injured reserve retroactive to Jan. 21 in the corresponding move. Detroit had an open roster spot entering today, so only one spot needed to be opened.
The veteran Holl had to wait quite some time for his first recall of the season after landing on waivers in October, but it finally came past the halfway point on the calendar. Holl, who turns 34 tomorrow, is in the final season of a three-year, $10.2MM contract that he signed in free agency in 2023 that virtually carried negative value from the start. He served as the Wings’ extra defender for most of the first year of the deal and then cleared waivers to begin 2024-25, although he still remained up on the NHL roster for nearly all of last season.
This year, though, Holl has seen extended time in the AHL, his first minor-league action since the 2017-18 campaign. The 6’4″, 205-lb righty has leveraged his nearly 400 games of NHL experience into being one of the top shutdown defenders in the league, posting 10 points and a +17 rating in 31 games. With his help, Grand Rapids is off to a historic 32-5-3 start through 40 games.
Helene St. James of the Detroit Free Press reports there’s a flu bug going around the room before tonight’s game against the Capitals. The Wings were already carrying an extra defenseman in Erik Gustafsson, and since they’re already down a lefty with Edvinsson out, it would likely be Gustafsson who draws in if a Detroit defender needs to sit. In case it’s two names heading out of the lineup, though, Holl would see his first NHL action in over nine months.
How Holl plays in whatever limited NHL opportunities he gets down the stretch will be crucial in his positioning for a one-way contract in free agency this summer. He once reliably logged over 20 minutes a game for the Maple Leafs with decent under-the-hood numbers before signing in Detroit. His role with a new team next season won’t climb past the No. 6/7 deployment he’s seen while on Detroit’s roster, but a strong showing in a small sample could go a long way toward convincing a team he can still be a reliable extra option.
Detroit didn’t have an extra forward on hand, so Dries will come in if anyone is sick. The 31-year-old Michigan native is also an experienced plug-in option with over 100 games of NHL experience, although he hasn’t made a big-league showing since skating in a career-high 63 games with the Canucks in 2022-23. He’s now in his second season in the Wings organization with Grand Rapids, where he’s posted 14 goals and 28 points in 32 games.
Edvinsson’s IR placement is only a formality. He’s already been ruled out through the Olympic break with his lower-body injury and there’s no certainty he’ll be ready to return once games get going again in late February.
Which NHLer Is Most Likely To Seek A Contract Termination?
The NHL has recently experienced an unusual trend: an increase in players choosing to forgo guaranteed contracts that still owe them millions to find a playing situation that better suits them. This process involves the player clearing standard waivers with the team anticipating they’ll refuse to report to their AHL affiliate, creating a breach of contract that allows the team to place the player on unconditional waivers, before ultimately finalizing the contract termination.
Last year, Brandon Saad did this by walking away from the remaining year and a half of his deal and over $3MM in salary. This summer, forward Conor Sheary followed suit, foregoing the final year of his contract and saving the Lightning $1.5MM. Just a few weeks ago, Maple Leafs forward David Kämpf also stepped back, forfeiting over $2MM in salary. More recently, Alexandre Texier left the Blues and signed with the Canadiens for roughly half his previous salary. In effect, all these players essentially halved their earnings to find situations better suited to them, raising the question: who might be the next player to break their current contract?
Dozens, if not hundreds, of players under NHL contracts could be described as unhappy with their playing time. However, most, if not all, would be satisfied with the current NHL paychecks they receive. Players such as Ryan Graves, Tristan Jarry, and Ville Husso will not be included for purposes of this article. While they are veterans who have earned good money in their NHL careers, they are still early in their lucrative new deals, and they have spent time in the AHL over the last calendar year. This piece will focus on players in a unique position regarding their contracts who might be willing to walk away from guaranteed money if they can’t be moved via trade or waivers.
Penguins forward Philip Tomasino is the top name on the list and has already been made available to every NHL team this month after he was placed on waivers by the Penguins and eventually assigned to the minors after passing through. Signed to a one-year, $1.75MM deal last offseason, many fans were surprised when the Penguins non-tendered him in the summer, only to re-sign him to that one-year pact.
The move kept his salary lower, but Tomasino has still failed to provide any value to Pittsburgh this season, with just one assist in nine NHL games. Tomasino also started slowly last year with Nashville, posting a single assist in his first 11 games before a midseason trade to Pittsburgh sparked a turnaround. Hence, a comeback isn’t out of the question.
Clearly, passing on waivers showed a complete lack of interest in Tomasino at his current price, but at league minimum, teams might be more willing to take a shot. However, the chances of that happening seem low, as the Penguins likely aren’t keen to use up a salary retention slot on him, and Tomasino likely doesn’t want to leave the highest salary he’s earned in his NHL career. There’s always a possibility that the Mississauga, Ontario native stays in the AHL for the rest of the season, but given his six points in three AHL games, he might find a way to work his way back to the NHL, just like teammates Graves and Jarry did over the past year.
Next up is a player who is nearly 10 years older than Tomasino: defenseman Erik Gustafsson of the Red Wings. Like Tomasino, Gustafsson is in the final year of his contract and trying to maintain his NHL career, but that is where many similarities end. Gustafsson is a ten-year NHL veteran nearing the end of his playing career, whereas Tomasino is just beginning his.
Not so long ago, Gustafsson was regarded as a capable third-pairing defenseman. Many praised the Red Wings for signing him to a two-year, $4MM contract in July 2024. That deal proved to be ill-fated. Gustafsson’s play declined last season, especially on the offensive side. His puck handling was sloppy, and he wasn’t the same contributor as in previous years.
This poor performance led to a demotion this season, with the 33-year-old playing most of his games in the AHL with the Grand Rapids Griffins. Credit to Gustafsson for stepping up and performing well in the AHL, but it does raise questions about whether he will finish the year in Detroit. The Wings might consider trading him or putting him on waivers (again), but given his recent play and salary, that seems unlikely.
Another factor in Gustafsson’s situation is the fact that he’s made $2MM or more in just three NHL seasons. One of these was the shortened 2020-21 season, which had a 56-game schedule, meaning Gustafsson’s $3MM AAV effectively amounted to a $2MM salary that year. This income would have been subject to deferrals, escrow, agent fees, and taxes, so Gustafsson actually received less than half of it. Aside from that, Gustafsson is nearing the end of his career and has earned somewhere in the range of $10MM-$12MM (gross income), so he probably isn’t willing to walk away from $1.5MM without at least the promise of another contract elsewhere.
Another Detroit defenseman who might seem like a contender is Justin Holl, who is also 33 years old and in the final year of his contract. Holl signed a three-year, $10.4MM deal with the Red Wings in July 2023, but that contract has proven to be poor value for Detroit. Like Gustafsson, Holl was a turnover machine last season and has ended up in the AHL this year. The signing never made much sense from the start, as Holl has always been a fairly average defenseman, and not the type you rush to overpay on July 1, which is precisely what Detroit did.
Holl is probably still an NHL defenseman and could likely find a role if he didn’t have a $3.4MM price tag attached. However, to move him, Detroit would probably need to include an asset and retain salary. Since he’s a pending UFA, they won’t go through the trouble. Considering he has earned over $15MM in his career, you would think Holl might be inclined to leave his contract early if given the chance. Still, it seems unlikely because this is probably his last big NHL payday, and he can wait until summer to sign a two-way deal for league minimum.
Another player to consider is Oilers winger Max Jones. Jones was acquired last season from the Bruins and played 19 games down the stretch, but didn’t contribute much with just a goal and an assist. Jones can skate and hit; beyond that, his abilities are pretty limited. He is in the second year of a two-year, $2MM deal, and since he’s earning one-way money, it’s unlikely he would walk away from it to pursue another job. Jones has spent the entire season in the AHL after passing through waivers in October, and he’s probably best served to ride out his current contract and hope for a promotion to the NHL. The 27-year-old is lucky to have time on his side and can look for a two-way contract in the off-season, but if he chooses to opt out, he’ll likely find a two-way league minimum deal that puts him in the same position he’s in now, just wearing a different jersey.
Other players who might consider terminating their contracts soon include Jets forward Tanner Pearson. Pearson has been receiving fourth-line minutes in Winnipeg and has faced challenging assignments in that role. He’s got just three goals and an assist in 23 games this season. However, with a $1MM salary, he might choose to stay the course and play the hand he’s been dealt. It’s unlikely that Pearson would find a team willing to give him a top-nine role at this stage of his career, so he’s probably best advised to stay in Winnipeg under contract.
Another possibility could be Oilers goaltender Connor Ingram, but his play in the AHL this season has been atrocious, with a 3-3-2 record and a .873 SV%. Ingram is making $1.95MM in the final year of his deal and is probably best served continuing to cash his cheques and trying to improve his game to get back to the NHL. Ingram is also in a position with the Oilers where it might be his best route back to an NHL lineup, given the issues Edmonton’s goaltending has faced this year.
A few final names of players who could be contenders to terminate their current contracts mutually include defensemen Daniil Miromanov of the Flames and Kyle Burroughs of the Kings, as well as forward Carl Grundström of the Flyers. These three players are in the final years of their deals, earning over $1MM this season, and are currently playing in the AHL.
Detroit Red Wings Shopping Defensemen
David Pagnotta from The Fourth Period reports that the Detroit Red Wings are attempting to resolve their surplus of defensemen through the trade market. Pagnotta specifically mentioned Erik Gustafsson and Travis Hamonic as trade bait moving forward, though Justin Holl could likely be thrown into the mix as well.
Gustafsson would be the least surprising veteran blueliner to move in the next few weeks. Although he technically made the team out of training camp, he was waived before the start of the campaign and was reassigned once the team welcomed James van Riemsdyk to the active roster. Given that he’s only making $2MM this season, Gustafsson would be one of the easiest ones to move.
Still, there’s an argument to be made that Gustafsson is overpaid, even on that reasonable salary. He had a disappointing first year with the Red Wings last season, scoring two goals and 18 points in 60 games despite being marketed as an offensive defenseman. His -19 rating finished as the worst on the team, and his 16:19 ATOI was second to last among defensemen with more than 40 games played.
The latter two would be somewhat trickier to move. Detroit only recently signed Hamonic (August 15th), and has a shortage of depth on the right side. Regardless of his disastrous play during the team’s home opener, it would be relatively uncharacteristic for a team to move on from a free agent signing that quickly.
Meanwhile, Holl would be the most difficult to move given his salary for the rest of the 2025-26 season. In potentially the worst signing for the Red Wings under Steve Yzerman‘s stewardship, the team gave Holl a three-year, $10.2MM ($3.4MM AAV) contract in 2023, with a 10-team no-trade list in each year of the deal. Like Gustafsson, Holl was sent through waivers shortly before the start of the regular season. Now playing for the AHL’s Grand Rapids Griffins, Holl is unlikely to have much of a market considering 31 teams passed on him via the waiver wire.
Regardless, with the positive play of newcomer Jacob Bernard-Docker and youngster Axel Sandin Pellikka, the trio of veterans is unlikely to get an opportunity with Detroit anytime soon. A hypothetical trade wouldn’t entirely be without precedent, either. After the emergence of Albert Johansson last year, the Red Wings traded Olli Määttä to the Utah Hockey Club for a 2025 third-round pick in late October.
Still, none of this is urgent. The Red Wings have enough cap space to absorb Gustafsson and Holl’s buried contracts, and could do the same with Hamonic if he continues slumping. However, it would be a better service to the players if Detroit could put them in a situation with more opportunities.
Red Wings Reassign Austin Watson, Recall Justin Holl
Oct. 16: Detroit announced Holl has been recalled back to the NHL roster today, suggesting his brief demotion yesterday was solely to delay his waiver exemption expiring and to bank a bit of cap space. Watson wasn’t part of the announcement and remains on assignment to Grand Rapids, so his demotion may be more permanent.
Oct. 15: The Red Wings have returned veterans Austin Watson and Justin Holl to AHL Grand Rapids, the team announced today. They now have a pair of open roster spots and over $2.5MM in projected cap space, per PuckPedia.
It was an extremely short stint on the NHL roster for Watson, who was just recalled yesterday. The 32-year-old enforcer made his Detroit debut in last night’s 4-1 loss to the Rangers, posting a -1 rating, a minor penalty, and two hits in just 4:54 of ice time. The veteran of over 500 NHL games attended Red Wings training camp on a PTO and landed a two-way contract as a result, but landed on waivers and began the season in Grand Rapids after going unclaimed. He had just two goals and four points in 33 games for the Lightning last year, all career-lows for him as a full-timer.
Watson was off to a strong start with the Griffins before the recall in what was his first AHL action since a brief conditioning stint in March of 2019. In two games, he had three assists and a +3 rating for Detroit’s top minor-league affiliate with 7 PIMs. The recall ended up shaving just one day and one game played off his 30-day/10-game waiver exemption, so it’ll still be a while before the Wings need to pass Watson through waivers again to return him to the minors.
Holl getting the boot stands out as more surprising. He and his bloated $3.4MM cap hit ended up on waivers and subsequently in Grand Rapids to begin the season, but he was recalled after Jeff Petry sustained an upper-body injury in the season opener. Holl was thrust into a top-four role as a result, responding with an assist, a +1 rating, and strong advanced possession metrics while averaging 18:38 per game. For a Detroit team that’s struggled to control play at 5-on-5 and has averaged 32.67 shots against per game thus far this season, Holl’s numbers stand out in a positive way.
Nonetheless, it’s back to the farm for him, where he could now be slated to see his first minor-league action since 2018. His reassignment suggests Petry is close to ready, if not completely ready, to return, while Watson’s demotion suggests the same for winger Christian Fischer, who’s day-to-day with an upper-body injury.
Red Wings Recall Justin Holl, Jeff Petry Out Day-To-Day
Oct. 12: According to a team announcement, the Red Wings officially summoned Holl from AHL Grand Rapids this morning.
Oct. 11: The Detroit Red Wings are expected to recall defender Justin Holl from the minor leagues as Jeff Petry (upper-body) deals with a day-to-day injury, shares Helene St. James of the Detroit Free Press. Petry left the team’s Thursday night game partway through the second period, though it wasn’t clear when he sustained the injury. He recorded one shot, one hit, and a -1 in nine minutes of ice time. At the least, he is expected to miss Detroit’s Saturday game.
This move gives Holl another chance at earning a role with the Red Wings after failing to make the team out of training camp. That resulted in Holl being placed on waivers and sent to the minor leagues for the first time since the 2017-18 season when he played an integral role on the Calder Cup Championship-winning Toronto Marlies. Holl used that season to spring into the NHL, grabbing onto the seventh-defender role for the Maple Leafs in 2018-19 and earning an everyday role in 2019-20.
He’d record 285 games across six seasons with the Leafs – recording 11 goals, 82 points, and 150 penalty minutes. That wasn’t enough to hang onto his spot amid Toronto’s blue-line flux last summer, leading Holl to sign a three-year, $10.2MM deal with the Red Wings in 2023. He worked into 38 games with Detroit last season, netting five assists and 22 penalty minutes but failing to score. That poor performance foreshadowed the 32-year-old’s downfall, and he now finds himself grappling for any NHL minutes just over a year after signing his multi-year deal.
This injury doesn’t guarantee Holl’s path to a role. Wings head coach Derek Lalonde adds that the team is considering utilizing seven defenders – including Albert Johansson – until Petry returns. Johansson managed 21 points in 66 AHL games last season while emerging as a capable defender with an effective reach on his side of the red line. He survived Detroit’s training camp cuts and would be making his NHL debut, should Lalonde choose to deploy him.
Waiver Wire: 10/6/24
Today is the major day for the waiver wire as most teams in the NHL are preparing the 23-man rosters for the 2024-25 NHL season. Sportsnet’s Elliotte Friedman confirmed that all players on waivers from yesterday have cleared. The following list is each player placed on waivers this afternoon as reported by PuckPedia.
Boston Bruins
F Patrick Brown
G Brandon Bussi
G Jiri Patera
D Billy Sweezey
F Jeffrey Viel
Buffalo Sabres
D Kale Clague
G James Reimer
F Lukas Rousek
Calgary Flames
G Devin Cooley
F Jakob Pelletier
F Cole Schwindt
Carolina Hurricanes
F Josiah Slavin
D Ty Smith
F Ryan Suzuki
Chicago Blackhawks
Detroit Red Wings
F Sheldon Dries
D Justin Holl
D William Lagesson
D Brogan Rafferty
F Joe Snively
Edmonton Oilers
D Josh Brown
F Drake Caggiula
F Raphael Lavoie
G Olivier Rodrigue
Los Angeles Kings
G Pheonix Copley
F Samuel Fagemo
F Jack Studnicka
Nashville Predators
New Jersey Devils
F Shane Bowers
D Nick DeSimone
F Nolan Foote
D Colton White
New York Islanders
D Samuel Bolduc
F Pierre Engvall
F Hudson Fasching
F Liam Foudy
G Marcus Hogberg
D Grant Hutton
F Fredrik Karlstrom
G Jakub Skarek
New York Rangers
Ottawa Senators
Pittsburgh Penguins
D Sebastian Aho
F Bokondji Imama
St. Louis Blues
D Corey Schueneman
D Tyler Tucker
Tampa Bay Lightning
F Gage Goncalves
D Steven Santini
F Jesse Ylonen
Toronto Maple Leafs
G Matt Murray
D Marshall Rifai
Utah Hockey Club
Vancouver Canucks
Vegas Golden Knights
F Zach Aston-Reese
F Tanner Laczynski
F Jonas Rondbjerg
Washington Capitals
Winnipeg Jets
Red Wings May Reconsider Justin Holl Buyout Next Offseason
Last month was busy on the buyout front. Cam Atkinson, Adam Boqvist, Jack Campbell, Nate Schmidt, Jeff Skinner and Ryan Suter were all cut loose from their former teams and became UFAs and have since landed deals for this season.
Few would have been surprised to see Red Wings defenseman Justin Holl added to that list. Holl, 32, landed a three-year, $10.2MM contract with the Wings in free agency last summer after operating as a serviceable top-four option for the Maple Leafs for the previous four seasons.
But Red Wings head coach Derek Lalonde didn’t even utilize him as an NHL regular last season, let alone one worth a $3.4MM cap hit. Holl stayed mostly healthy but was scratched for over half of the campaign, limited to 38 appearances. In those games, he recorded five assists, a +8 rating and 22 PIMs while averaging 15:05, his lowest since an 11-game stint in Toronto in 2018-19.
Detroit entered the summer with ample cap space, but most expected general manager Steve Yzerman to use whatever he had available. New deals are still needed for cornerstone RFAs Lucas Raymond and Moritz Seider, while the Wings were also expected to be one of the most active players on the UFA market to propel them to end their eight-year playoff drought in 2025.
That didn’t really happen. Their highest-profile addition to the roster was two-time Stanley Cup champion winger Vladimir Tarasenko, who’s really just a direct replacement for David Perron, who left for the Senators in free agency. They did manage to retain Patrick Kane on a one-year, $6.5MM deal and swapped James Reimer for Cam Talbot between the pipes on the open market, but they also dealt top-pair defenseman Jake Walman to the Sharks in a cap-dump move. As it stands, you could argue that their roster has taken a step back from last year’s club that lost out on the second wild-card spot in the East thanks to a tiebreaker with the Capitals.
To that end, some were puzzled when Yzerman opted to attach a second-round pick to get rid of Walman, who was quite effective in his role alongside Seider at even strength for the last two seasons, instead of upping their cap space by simply buying out Holl. But with two years remaining on Holl’s contract, a buyout would have translated to a dead cap hit of $1.13MM for the next four seasons. That’s likely something they didn’t want to be on the hook for as they inch toward contention, The Athletic’s Max Bultman writes.
Still, Lalonde was warranted in his limited usage of Holl. Despite giving him more advantageous usage than he faced in Toronto, Holl returned the favor with the worst possession quality results of his career, controlling just 42.6% of expected goals. He’d been over 50% in all of his four seasons as a regular with the Leafs.
With Walman out of the picture and more pressure on youngsters like Simon Edvinsson to take on minutes this season, though, Holl could find himself relied upon a bit more as an insurance policy. Bultman “doesn’t get the sense from Yzerman that he thinks Holl is a lost cause,” at least for now. After all, he did ink him to a multi-season, eight-figure contract just 12 months ago.
But a repeat of last year’s performance would likely lead Detroit more aggressively explore a buyout the final season of Holl’s contract when the window opens next June, says Bultman. It would still result in a $1.13MM dead cap charge, per PuckPedia, but only for the following two seasons. Holl would come off the books on July 1, 2027, only one year after his contract was due to expire.
Doing so would open up over $2MM for the Wings to drop in free agency in 2025. They’ll have their entire core locked up long-term after the Raymond and Seider deals eventually come across the finish line this summer. No true core players are up for new deals in 2025, and they’ll also have goalie Ville Husso‘s albatross $4.75MM cap hit and $5.34MM worth of Olli Määttä and Jeff Petry coming off the books.