2026-27 Performance Bonus and 35+ Candidates

As NHL front offices gear up for free agency, managing the salary cap demands a delicate balance between risk and reward. While performance bonuses are often linked to elite rookies on entry-level contracts, the Collective Bargaining Agreement (CBA) adds two additional avenues for performance-based incentives: injury comeback deals and contracts for 35-year-old or older veterans. These mechanisms enable teams to secure impactful players with low base salary cap hits, effectively deferring financial obligations until later.

If a team ends the fiscal year with earned bonuses exceeding their remaining cap space, the excess funds are carried over into the next league year as a direct salary cap penalty. This can significantly impact teams near the cap limit or heavily relying on LTIR. PuckPedia has detailed the upcoming free agents who qualify for these specialized incentive structures for the 2026-27 season.

To qualify for a performance-bonus-eligible contract via the injury route, a player must have 400 or more career games and have spent 100 or more days on Injured Reserve during the previous season. This structure allows franchises to take low-risk gambles on proven assets, while the financial incentives toward active roster availability and durability rather than pure scoring production.

Six players fit this criteria heading into free agency, including Derek Forbort (VAN), Alexander Kerfoot (UTA) Patrik Laine (MON), Petr Mrazek (ANA), Matt Murray (SEA), and Tomas Nosek (FLA).

For a team looking for top-six offensive upside, a player like Laine could be highly coveted on a bonus-laden deal, while teams seeking goaltending depth or penalty-killing options could turn to turn to Mrazek, Forbort, or Nosek under this low-risk umbrella.

Contracts signed by players who will be 35 or older by July 1 of the contract year are also eligible for performance bonuses on one-year deals. Front offices frequently use these to protect against sudden age-related decline, tying mid-six-figure bonuses to basic longevity milestones—such as reaching 10, 40, or 60 games played—or team-oriented postseason success.

The upcoming free agent class has an extensive group of veteran forwards eligible for this structure, including Jamie Benn (DAL), Evgenii Dadonov (NJD), Nicolas Deslauriers (CAR), Lars Eller (OTT), Nick Foligno (MIN), Claude Giroux (OTT), Luke Glendening (PHI), Erik Haula (NSH), Adam Henrique (EDM), Marcus Johansson (MIN), Patrick Kane (DET), Anders Lee (NYI), Gustav Nyquist (WPG), Alex Ovechkin (WSH), David Perron (OTT), Corey Perry (TBL), Ryan Reaves (SJ), Reilly Smith (VGS), Jonathan Toews (WPG), Garrett Wilson (PHI), James van Riemsdyk (DET), and Mats Zuccarello (MIN).

The blue line also features a robust market of eligible 35+ defensemen who can weaponize these flexible agreements. This group includes Zach Bogosian (MIN), Brent Burns (COL), John Carlson (ANA), Ian Cole (UTA), Radko Gudas (ANA), Travis Hamonic (DET), Nick Jensen (OTT), Nick Leddy (SJ), Jeff Petry (MIN), Luke Schenn (BUF), and Brendan Smith (CBJ).

Contending teams could use performance bonuses to maximize rosters with high-profile franchise icons like Ovechkin, Benn, Giroux, and Kane eligible for a flexible, low-base-salary structure. However, general managers must be cautious. A player hitting a games-played milestone in late March could trigger a cap overage, restricting cap space at the trade deadline or forcing a painful penalty on the 2027-28 books.

Atlantic Notes: Tkachuk, Free Agents, Hamonic

The Ottawa Senators’ quick elimination from the playoffs at the hands of the Carolina Hurricanes has prompted speculation about the future of captain Brady Tkachuk. Senators GM Steve Staios was asked about Tkachuk’s future in his end-of-season media availability today, and he made it clear the franchise has no interest in trading away – or even having a conversation about trading away – their star forward. When asked about whether he’d sit down with the player to discuss Tkachuk’s future, he said “there’s nothing that we have talked about or thought about where that conversation should happen.”

Bruce Garrioch of the Ottawa Citizen noted that Tkachuk, who has a full no-move clause on his contract, has “full control” over his future. Although Tkachuk is just two seasons away from being able to leave Ottawa as an unrestricted free agent, it’s somewhat difficult to imagine the Senators winning any trade involving him. The Calgary Flames’ decision to deal Tkachuk’s older brother, Matthew Tkachuk, serves as a cautionary tale. The deal immediately vaulted the Panthers to legitimate Stanley Cup contention while plunging the Flames into what would eventually become a true rebuild. The younger Tkachuk isn’t the same caliber of player as his brother, but he’s still, as Travis Green said, a winger that all 31 other NHL teams “would love to have.” But the no-move clause on Tkachuk’s contract means he could hand-pick a trade destination, and dramatically reduce the kind of return the Senators might receive. That’s a factor that has burned teams in the past trading players with no-move clauses. For that reason, and many more, Staios made it clear today that unless something changes, his hockey operations department has no interest in even entertaining trade discussions revolving around Tkachuk.

Other notes from the Atlantic Division:

  • Staios also updated the media (including TSN’s Claire Hanna) on the status of the team’s pending unrestricted free agents, saying of the group “I have not closed the door on anyone.” He said he has spoken to each of the team’s pending UFA’s, but decided it best to “take a little bit of time and reflect” since the end of the season is still so fresh. The most significant name among Ottawa’s pending UFAs is veteran winger Claude Giroux. The 38-year-old, who is a veteran of over 1,300 NHL games, scored 49 points this season. He’s shown he can still be a productive member of an NHL middle-six, and it would not be a surprise if there is mutual interest in a contract extension.
  • “It looks like” veteran defenseman Travis Hamonic‘s “time in Detroit is over,” writes Max Bultman of The Athletic. The 35-year-old defenseman, who has 926 career NHL games on his record, only got into 26 contests for Detroit after signing a UFA deal with the team last summer. Hamonic was squeezed out of head coach Todd McLellan’s lineup in large part due to the emergence of Axel Sandin Pellikka, a rookie who is among the Red Wings’ top prospects. When he did play, Hamonic averaged just 14:22 time on ice per game, the lowest mark of any Red Wings blueliner, and a solid step below where he was last season. (He averaged 17:04 time on ice per game as a Senator in 2024-25.) If Hamonic wants to continue his NHL career and make a push towards getting his 1,000th game, he’ll likely need to do so by signing with another team.

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 Sign Travis Hamonic

The Red Wings signed right-shot defenseman Travis Hamonic to a one-year, one-way contract. The Manitoba native will earn $1MM with no potential performance bonuses, as he missed the age cutoff for a 35+ contract by a few weeks.

Hamonic, who turns 35 tomorrow, was a second-round pick of the Islanders in 2008. While he was a top-four fixture out of the gate for them, subsequent stops with the Flames, Canucks, and Senators since his departure from New York in 2017 have seen his game slowly trail off as he aged.

That was especially true over the last two seasons. Ottawa had acquired Hamonic from Vancouver near the 2022 trade deadline and inked him to a two-year, $2.2MM contract in the summer of 2023 after his first full season in the Canadian capital saw him produce 21 points in 75 games while averaging 18:34 of ice time per night.

Immediately after signing the deal, though, Hamonic’s game dropped below replacement level. Over the life of the deal, during which a no-movement clause prohibited the Sens from waiving him, he played 107 games with 13 points, a -26 rating, and averaged only 16 minutes per game. His possession impacts, particularly in 2023-24, were among the worst in the league. That year, he had a -10% relative Corsi impact at even strength despite starting the majority of his shifts in the offensive zone. In total, Ottawa was outscored 77-44 and outchanced 787-635 with Hamonic on the ice at 5-on-5 in the last two years.

Given the Red Wings’ possession struggles, that makes Hamonic a peculiar fit, particularly on a guaranteed deal with a seven-figure cap hit when he was likely approaching PTO territory. Jack Johnson, a veteran lefty with similarly underwhelming impacts in a similar role, recently settled for a tryout with the Wild.

Detroit already has a wealth of No. 5-7 caliber veterans on its roster, including Erik Gustafsson and Justin Holl. Right-shot depth was a bit of a concern for them with Holl and Jacob Bernard-Docker as their only experienced options behind core piece Moritz Seider, but Hamonic presumably slots in behind both of them on their depth chart as he battles for a roster spot in camp. It’s worth noting his $1MM cap hit is below the maximum buriable threshold, so he wouldn’t carry a cap penalty for the Wings if they placed him on waivers for assignment to AHL Grand Rapids.

The wild card on Detroit’s right side is 2023 first-rounder Axel Sandin-Pellikka. The offensive-minded righty will be playing in North America this season, but whether his development would be best served by some AHL time or immediate top-four deployment in the NHL remains to be seen. He’s still only 20 years old and had one assist and a -3 rating in five regular-season and playoff games for Grand Rapids at the end of last season, but given their lack of other top-four capable options, they might not have much of a choice.

Detroit has four standard contract slots remaining after signing Hamonic.

Image courtesy of Timothy T. Ludwig-Imagn Images.

Nick Cousins Returns to Senators Lineup

Ottawa Senators forward Nick Cousins has been activated from LTIR and is in the lineup for today’s afternoon tilt against the Flyers, per TSN’s Bruce Garrioch. It represents his first game action since suffering a knee injury in late January. He is skating on a Sens’ third line alongside center Shane Pinto and Michael Amadio.

Originally expected to miss three months with the injury, GM Steve Staios recently stated the 31-year-old Cousins has been “attacking his rehab,” and he now returns ahead of his recovery timeline and in time to help make an impact in the playoffs. Cousins will provide the Sens with a reliable bottom-six option for their playoff lineup, as well as a trustworthy penalty killer. In his career, Cousins has appeared in 63 playoff contests and helped the Panthers capture the Stanley Cup just last season. In 47 games this season, Cousins has produced five goals, 13 points, 80 hits, and 24 blocked shots while averaging just under 12 minutes of ice time per game.

Coach Travis Green told reporters Saturday that he’s happy to see Cousins return to the lineup but added he will be rusty and that the team will have to get him up to speed.

Garrioch adds that forwards David Perron and Ridly Greig and defenders Nikolas Matinpalo and Nick Jensen are out of the lineup today, while Cousins, Angus Crookshank, Dennis Gilbert and Travis Hamonic are all playing. As Garrioch notes, Jensen has been playing with an unspecified lower-body injury for some time, and with the Sens already locked into a playoff spot, now serves as good time to give the veteran some recovery time. With Jensen and Matinpalo out, the door was opened for Hamonic and Gilbert to return to the lineup. Hamonic, who has played in 56 games this season and recorded six points and -17 rating, is skating on the team’s second pairing with Thomas Chabot, while Gilbert is skating with Tyler Kleven on the team’s third pairing. Gilbert has skated in 26 games this season and has recorded five points.

While the other absences from today’s game don’t appear to be serious in nature, Green noted the team is also not mailing in these final games of the season, per Garrioch. Green added that experienced teams understand that the intensity picks up in the playoffs, so he’ll look for his team to continue to showcase that energy in the final games of the season. It’s also one of the reasons the team recently recalled winger Hayden Hodgson to add some physicality to the lineup.

Senators Activate Travis Hamonic, Assign Donovan Sebrango To AHL

The Senators are welcoming back a veteran blueliner for their game against Toronto tonight.  Per the NHL’s media site, blueliner Travis Hamonic has been activated off injured reserve.  To make room on the roster, the team announced (Twitter link) that defenseman Donovan Sebrango was assigned to AHL Belleville.

Hamonic has missed the last three weeks with a lower-body injury.  Before then, he was a fixture on Ottawa’s third pairing, getting into 37 games.  Offensively, the 34-year-old has been limited to just three assists although he has 58 blocked shots and 38 hits while averaging 17:25 of playing time per night, up nearly three minutes from his ATOI in 2023-24.   Hamonic is in the final season of his contract, one that carries a $1.1MM AAV and a no-movement clause and he’ll once again be an unrestricted free agent this summer.

As for Sebrango, he was recalled last week and got into two games with Ottawa, his first taste of NHL action.  The 23-year-old didn’t record a point in those outings while averaging 10:19 of playing time.  Sebrango has played in 28 games with Belleville this season, notching three goals and ten assists, both career-highs at that level.  He’s in the final season of his entry-level deal and will be a restricted free agent this summer.

Senators’ Linus Ullmark, Travis Hamonic Out Week-To-Week

Ottawa Senators head coach Travis Green issued a laundry list of injury updates on Sunday, captured by TSN’s Bruce Garrioch. Most notably, starting goaltender Linus Ullmark was designated as week-to-week with a back injury. Ullmark hasn’t skated since leaving the team’s December 22nd match against Edmonton early after his back tightened up. He’s missed five games since, and will now continue to sit out through the bulk of January.

Losing their star netminder has been a tough blow for Ottawa to bear. They’ve turned to a mix of Anton Forsberg and Leevi Merilainen in his absence, but totaled a bleak 1-4-0 record and 3.20 goals-against per-game. Ullmark has been far more successful in net, ranking 16th in the league wins (12) and seventh in save percentage (.915). He’s everything Ottawa was hoping for when they traded two players and a first-round pick for him this summer. But with him on the shelf for the foreseeable future, the Senators are once again faced with a lack of goaltending depth.

Forsberg should continue his role of de facto starter, giving him a chance to improve on his .885 Sv% in 12 games this year. But Merilainen will receive the biggest opportunity with this news. He’s spent the season moving back-and-forth between the major and minor rosters, in the mix posting a team-best .901 Sv% in 13 games for the Belleville Senators. The 22-year-old has also set a 2-2-0 record and .884 in his NHL appearances this season, and could earn a big role if he proves to be the piece the pulls Ottawa out of their lump.

Green also shared that defenseman Travis Hamonic will miss two-to-four weeks with a lower-body injury. Hamonic played down to the final minute of Ottawa’s Friday loss to St. Louis, and didn’t seem noticeably limited in his final shift. But he’ll now be out for the long-term, likely opening the door for Jacob Bernard-Docker to step back into the lineup. Bernard-Docker has four points in 25 games this season, continuing his scoring slump after he scored just 14 points in 72 games last season. If he proves a shaky addition, the Senators could also turn towards Nikolas Matinpalo, who has only played one NHL game this season but has scored seven points in 24 AHL games.

In brighter news, forwards David Perron and Michael Amadio have both returned to skating. Both are recovering from upper-body injuries. Perron has been injured for much of the season, only appearing in nine games and not yet scoring for his new club. Amadio has been a bit more impactful, scoring 10 points in 33 games in the mix of Ottawa’s bottom-six. Placing Hamonic and Ullmark on injured reserve would clear the space for Ottawa to activate both forwards.

Evening Notes: Acciari, Hamonic, Simpson

Winger Noel Acciari has joined the list of Pittsburgh Penguins forwards on the trade market, as Dan Kingerski of Pittsburgh Hockey Now shares that he and Lars Eller are among the likeliest to be moved. Kingeski adds that Eller could be the preferred option for the Penguins, though moving either player will only serve to open room for recent acquisitions Cody Glass, Blake Lizotte, and Anthony Beauvillier.

Acciari is the younger of the two by three years but could still prove the cheaper acquisition. He’s played for four teams over the last four seasons, scoring just 38 points in 152 games across that span. His per-game scoring decreased in each season, ending with a measly seven points in 55 games with the Penguins this year. Acciari’s aggression and physicality have kept him in the lineup –  though he was still subject to healthy scratches last year. Acciari is signed at a $2MM cap hit through the 2025-26 season – $450K cheaper than Eller, who expires next summer – a reasonable price for teams needing to bolster their bottom lines.

Other notes from around the league:

  • Defenseman Travis Hamonic has fully recovered from the knee injury that cut his 2023-24 campaign in half shares Steve Warne of The Hockey News. Hamonic recorded just six points in 48 games last season, though he also continued a track record of lacking poise with 40 penalty minutes. Hamonic is in the final year of a two-year, $2.2MM deal signed with the Senators last summer – though Warne mentions that he’ll have to fight for a lineup spot as players like Max Guenette and Jacob Bernard-Docker find their footing in the NHL.
  •  Longtime Montreal Canadiens scout and former pro Reid Simpson has stepped down from his role to pursue another opportunity in the NHL, confirms Le Journal de Montréal. The details of Simpson’s new role, including where he’s headed, haven’t yet been revealed, though it will mark his first move as an NHL staffer, after spending the last eight seasons in Montreal. Simpson’s playing career guided him through stints with nine NHL teams – including Philadelphia, Montreal, Nashville, and Pittsburgh. He carried those talents to Vityaz Chekhov of Russia’s top league in 2005, recording a daunting 531 penalty minutes across 77 games and two seasons with the team. Simpson is poised for new opportunity as an NHL staffer, now well past his career as a bruiser and his inaugural stint with the Canadiens.

Senators Notes: Hamonic, Brannstrom, Bernard-Docker

Bruce Garrioch of Postmedia is reporting that the Ottawa Senators are likely to buy out veteran defenseman Travis Hamonic when the buyout window opens after the Stanley Cup is awarded. The 33-year-old was brought back last summer by former Senators general manager Pierre Dorion and was largely a disaster registering just six points in 48 games.

On top of his poor offensive output, Hamonic was a liability on the ice, posting dreadful possession numbers with a CF% of 43.2% and an xGF% of 41.5%. The Senators don’t have many effective right-shot defensemen but can ill-afford to roll Hamonic back out next season for nearly 15 minutes per game. Hamonic is owed $1.1MM next year meaning a buyout would cost Ottawa $366,667 in each of the next two seasons. Ottawa would save $733,333 next year which would certainly help as they look to address their goaltending.

In other Ottawa Senators notes:

  • Garrioch also reported that Ottawa is trying to move Erik Brannstrom prior to the deadline for issuing a qualifying offer. The 24-year-old was a central piece of the Mark Stone trade and has never lived up to the billing of being a 15th overall pick. Brannstrom is owed a $2MM qualifying offer if the Senators want to retain his rights, otherwise, he will become an unrestricted free agent. The Eksjö, Sweden native posted three goals and 17 assists in 76 games last year, which were all career-highs, however, despite the improved numbers it’s hard to imagine that teams are lining up to give up an asset to take on that cap hit.
  • The Senators are also reportedly trying to trade right-shot defenseman Jacob Bernard-Docker (as per Bruce Garrioch).  The Canmore, Alberta native is also a former first-round pick who has failed to live up to expectations. The 23-year-old is no analytics darling as he struggled to an even strength CF% of 47.5% last season but did find career highs in goals with four and assists with 10 as he played in 72 NHL games. Bernard-Docker will carry a cap hit of $805K next season and could be moved for a late-round pick or a lower-end prospect.

Senators Notes: Coaching, Buyouts, Norris

The Ottawa Senators wrapped up their season with locker cleanout on Friday, giving general manager Steve Staios a chance to share updates with the media. He spent much of his time addressing the team’s coaching situation, saying they have a long list of candidates that they’ll whittle down over the summer, per Bruce Garrioch of the Ottawa Sun.

The Senators have been without a long-term head coach since D.J. Smith’s firing on December 18th. Jaques Martin stepped in as interim head coach, leading the Senators to a measly 26-26-4 record and a spot well outside of the playoffs. Staios mentioned that Martin would continue with the team in a consulting role, but isn’t in the race for the vacant head coaching role. Neither is Senators legend Daniel Alfredsson, who Staios says wanted more time before pursuing the coaching path. That likely leaves the Senators looking externally, where they’ll find plenty of strong candidates.

Other notes from Staios’ press conference:

  • Staios added that the team isn’t planning on utilizing any buyouts this off-season, per Sportsnet’s Wayne Scanlan (Twitter link). That’s despite weaker performances from costlier names, like Joonas Korpisalo and Travis Hamonic. Ottawa is projected to have $12.8MM in cap space this off-season, per CapFriendly and an $87.5MM salary cap. With no support from buyouts, that will be all they have to re-sign their six pending free-agents, including Erik Brannstrom, Dominik Kubalik, and Shane Pinto.
  • Staios also shared that forward Joshua Norris is expecting to be ready for the start of next season, shares Garrioch. Norris was limited to just 50 games this season, and hasn’t played since late February, once again dealing with nagging shoulder injuries. Norris was limited to just eight games last season because of shoulder issues, and underwent the third shoulder surgery of his four-year NHL career in March. He’ll look to recover once again, and hope for healthier fortune next season.
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