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Summer Synopsis 2025

2025 Summer Synopsis Series

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PHR’s annual Summer Synopsis series breaks down what each of the NHL’s 32 teams accomplished – or didn’t accomplish – over the summer. This landing page will contain links to all 32 of our posts for easy reference and to track when your favorite team’s post is online. This can be found by navigating to the “Pro Hockey Rumors Features” sidebar on our desktop site or under the Flame menu on our mobile page.

Metropolitan Division

Atlantic Division

Central Division

Pacific Division

Summer Synopsis: Philadelphia Flyers

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With training camps now almost upon us, the bulk of the heavy lifting has been done from a roster perspective.  Most unrestricted free agents have found new homes, the arbitration period has come and gone, and the trade market has cooled.  Accordingly, it’s a good time to take a look at what each team has accomplished this offseason.  Next up is a look at Philadelphia.

A year removed from narrowly missing the playoffs, the Flyers took a step back last season, ultimately resulting in them parting ways with John Tortorella.  Rick Tocchet was brought in from Vancouver to take over behind the bench while GM Daniel Briere decided to largely stay the course as their rebuild continues but a pair of expensive forwards were brought in to try to bolster their group up front.

Draft

1-6 – F Porter Martone, Brampton (OHL)
1-12 – F Jack Nesbitt, Windsor (OHL)
2-38 – D Carter Amico, U.S. U18 (NTDP)
2-40 – F Jack Murtagh, U.S. U18 (NTDP)
2-48 – F Shane Vansaghi, Michigan State (Big 10)
2-57 – F Matthew Gard, Red Deer (WHL)
5-132 – F Max Westergard, Frolunda (Sweden U20)
5-157 – D Luke Vlooswyk, Red Deer (WHL)
6-164 – F Nathan Quinn, Quebec (QMJHL)

As the Flyers re-tool their team and look to build their next core of players capable of cotending for a Stanley Cup, one of the key needs for the franchise has been a high-level center capable of filling the all-important number-one center role.  32-year-old Sean Couturier has filled that role for the team in recent years, and remains a strong shutdown center.  But he hasn’t been a high-end offensive contributor in several years, and it would be somewhat unreasonable to expect him to suddenly once again produce at a near point-per-game rate.  So, with such a clear need established for the organization, many entered the 2025 draft expecting the Flyers to select a pivot with their top choice: potentially college hockey star James Hagens, OHL playmaking dynamo Jake O’Brien, or the high-upside Roger McQueen.

NHL teams generally draft using a “best player available, regardless of position” approach, and position typically comes into play when trying to decide between two similarly-rated players. So, rather than use their number-six pick to fill a key organizational need, they drafted the player they believed was the best available: Martone, a winger. That the Flyers passed over three highly-ranked center prospects to draft Martone says a lot about just how highly the organization regards the 6’3 Brampton Steelheads captain.  Martone possesses rare offensive skill for someone his size, and has downright elite playmaking instincts.  Martone ranked third on Bob McKenzie’s list, and was recently ranked by Eliteprospects as the fourth-best skater prospect in all of hockey.  Alongside Michkov, Martone could be the second star winger in Philadelphia.

Behind Martone, the Flyers elected to trade two of their other first-rounders to jump up to the #12 slot to select OHL pivot Nesbitt, filling a key organizational need.  The general consensus from scouts in the public sphere has been that Nesbitt projects more as a middle-six center with rare, valuable secondary qualities, rather than as a true top-of-the-lineup offensive force.  With that said, Nesbitt offers prototypical size and strength at the position, and his potential value down the road should not be discounted.

The Flyers then made their mark on the second day of the draft with four second-round picks.  They were able to add athletic blueliner Amico at #38, who could have been ranked even higher had he not suffered a season-ending injury early in his campaign.  They then selected Murtagh, a responsible two-way forward who will play for Boston University in 2025-26 and was ranked inside the first round by some outlets.  After Murtagh, the Flyers doubled down on taking projectable players with pro qualities by adding Vansaghi, who EliteProspects called “the ultimate bottom-six checking forward” in its draft coverage.  With their final second-rounder, the Flyers took Gard, a hulking six-foot-five pivot whose defensive responsibilty has garnered praise from scouts.

After their second-round shopping spree, the Flyers didn’t pick until the fifth-round, where they took Westergard from of Frölunda’s J20 Nationell team.  Westergard began 2025-26 with Frölunda’s senior team, skating in four Champions Hockey League games as well as an SHL game, and recording two assists in the team’s 5-2 August victory over Switzerland’s Lausanne HC.

Trade Acquisitions

F Tucker Robertson (from Seattle)
F Trevor Zegras (from Anaheim)

At one point, Zegras looked to be a long-term core fixture for the Ducks.  He had a pair of 60-plus-point seasons in his first two NHL campaigns and things were looking up.  However, injuries have been a problem for the last two years while his production took a big step downward and Anaheim GM Pat Verbeek decided to sell low, giving Zegras a fresh start along the way.  He should slot in as a top-six forward right away, likely starting on the wing although he could get a look down the middle at some point.  It’s a big year for him as he’s in the final season of a contract that pays $5.75MM per season, a number that will stand as his qualifying offer next summer.  If things don’t go well again, he could wind up as a non-tender candidate, an outcome that would have seemed crazy when this deal was signed in 2023.

UFA Signings

F Rodrigo Abols (one year, $800K)^
F Christian Dvorak (one year, $5.4MM)
D Dennis Gilbert (one year, $875K)
D Noah Juulsen (one year, $900K)
F Lane Pederson (one year, $775K)*
G Daniel Vladar (two years, $6.7MM)

*-denotes two-way contract
^-denotes re-signing

Briere opted for the short-term overpayment to bring in help down the middle with Dvorak, a player who got back to the 30-point mark for the first time in three years last season.  But while offensive production has been an issue for him, he is a reliable defensive center and well above average at the faceoff dot.  Those elements will help the Flyers in the short term and if they wind up being outside the playoff picture in the second half, he’s someone they could retain on to help facilitate a move.

In a goalie market that didn’t have much depth at the start and lost some of that depth before free agency opened up, Vladar was one of the beneficiaries.  He started last season as a platoon partner to Dustin Wolf, allowing the youngster to get eased into his first full NHL campaign.  But in the second half, Wolf took over as the full-fledged starter with Vladar only making eight starts from February through April.  Even so, he entered free agency as the top netminder available.  Clearly, Briere thinks that Vladar has another level to get to and that he can compete for the starting spot in a goaltending group that is also bringing back all three goalies they had last season.

The additions of Juulsen and Gilbert give some extra depth and grit to a back end that isn’t expected to be fully healthy to start the season with Rasmus Ristolainen still recovering from triceps surgery.  Juulsen is well-known to Tocchet who had him in Vancouver.  When the group is fully healthy, however, playing time for both veterans could be hard to come by.

The re-signing of Abols and addition of Pederson helped shore up the club’s veteran depth, with both players expected to occupy roles either at the tail end of the club’s NHL roster or at the top of their AHL lineup.  The Flyers signed Abols, 29, from the SHL last season and he rewarded them by scoring 32 points in 47 AHL games and five points in 22 NHL games.  That quality performance earned him a significant raise from a $450k AHL salary to a full one-way deal.

For Pederson, this signing will present him with an opportunity to resume his place as one of the AHL’s more consistent scorers.  Pederson’s 2024-25 season was limited to 18 games after the forward underwent season-ending shoulder surgery in February.

RFA Re-Signings

F Noah Cates (four years, $16MM)
F Tyson Foerster (two years, $7.5MM)
D Helge Grans (two years, $1.55MM)*
F Oscar Eklind (one year, $800K)
D Cameron York (five years, $25.75MM)

*-denotes two-way contract

The Flyers had a notable cohort of restricted free agents to re-sign this past summer, including three NHL regulars.  The largest signing by total value was that of York, the club’s 2019 first-round selection.  It was a difficult 2024-25 for York, without question. Late last season, he was benched for the entirety of the Flyers’ victory over the Montreal Canadiens, for reasons interim head coach Brad Shaw described as “disciplinary.”  York reportedly had a verbal altercation with former coach John Tortorella, and his difficult season was compounded by a notable decline in some key personal statistics: his point total decreased from 30 in 2023-24 to 17 last season, and his time-on-ice per game went down nearly a full two minutes.

But despite York’s year to forget, the Flyers doubled down on the talented blueliner as a core piece for the next half-decade.  York’s $5.15MM AAV is the second-highest among the club’s active defensemen, and its likely he’ll step into a top-pairing role alongside Travis Sanheim under new coach Rick Tocchet.

The second major name the Flyers re-signed was Foerster, a 2020 first-rounder who enjoyed career-best offensive production in 2024-25.  Foerster is a natural goal-scorer and his total of 25 ranked second on the team, only behind star rookie Matvei Michkov.  Foerster underwent offseason surgery after suffering an injury while representing Canada at the 2025 IIHF Men’s World Championship, but he’s expected to be ready to go in time of the start of the regular season.  While the Flyers weren’t able to come to an agreement on a longer-term deal with Foerster, as long as he can continue his solid upwards trajectory (or at least repeat his scoring of last season) he should be able to provide the team with a solid surplus value on its $3.75MM AAV investment.

One of the more encouraging stories from the 2024-25 Flyers was the bounce-back season had by Cates, a reliable defensive center. Cates has been a developmental success story for the franchise as a 2017 fifth-rounder, and he came just one point shy of tying his career-high last year.  After a difficult 2023-24 season saw his point total decline from 38 to 18, there was some question as to whether Cates would have the offensive chops be able to hold down a meaningful NHL role in the long term.  He answered those questions emphatically in 2024-25, and the Flyers rewarded him with a four-year, $4MM AAV extension.

Grans and Eklind are not quite as high-profile players as the aforementioned trio, and that is reflected in the value of each player’s extension. The Flyers signed Eklind, 27, out of the SHL last year and he put together a decent debut season on North American ice. Veteran European pro free agent signings have a somewhat spotty record transitioning to the North American game, but Eklind managed to hold his own. He got into 64 games for the Phantoms and scored 22 points.

Grans, 23, is the 2020 35th-overall pick who the Flyers acquired in the 2023 Ivan Provorov trade.  Grans played most of last season in Lehigh Valley, scoring eight points in a largely shutdown role.  His defensive abilities earned him his first NHL call-up, and he ended up dressing for six games with the Flyers last year.  Grans is subject to waivers, but the second season on his new contract at a full one-way, $800k price tag could provide the Flyers with some degree of protection against a claim.  The added financial commitment could potentially motivate an interested team to go in a different direction on the waiver wire, assuming Grans does not make the Flyers’ opening-night roster.

Departures

F J-R Avon (trade with Seattle)
D Louis Belpedio (signed with Washington)
F Elliot Desnoyers (signed with Iowa, AHL)
F Rhett Gardner (signed in Russia)
D Ben Gleason (signed with Minnesota)
F Olle Lycksell (signed with Ottawa)
G Eetu Makiniemi (signed in Finland)
F Jakob Pelletier (signed with Tampa Bay)
G Calvin Petersen (signed with Minnesota)
F Ryan Poehling (trade with Anaheim)
F Givani Smith (signed PTO with Carolina)
F Zayde Wisdom (signed with Lehigh Valley, AHL)

*-denotes two-way contract

The Flyers’ most significant departure, from a financial perspective, undoubtedly Petersen.  The veteran netminder played in just five total games for the Flyers across his two-year stint in the organization, and the expiration of his contract provided Briere with an additional $5MM in cap space to work with.

The most consequential loss, from an on-ice perspective, is the inclusion of Poehling in the trade that brought Zegras to Philadelphia.  Poehling is not a star player by any means, but he scored 12 goals, 31 points, and had developed into a meaningful member of the team’s bottom-six.  In Philadelphia, Poehling was able to reach new heights as an NHLer, not only setting career-highs in production but also serving a useful role on Tortorella’s penalty kill.  With that said, Briere’s investment in Dvorak (who plays a similar role to Poehling) should help the club absorb his loss.

Lycksell, 26, led AHL Lehigh Valley in scoring last season, but the Flyers elected not to re-sign the player after he put up just 10 points across almost 40 NHL games between 2023-24 and 2024-25. Pelletier, a 2019 first-round pick of the Calgary Flames, was acquired via trade by the Flyers but only managed eight points in his 25-game stay with the club, and was not retained.

Salary Cap Outlook

At first glance, the $370K in cap space they’re listed at per PuckPedia looks concerning.  However, they do have more flexibility than this.  If Ivan Fedotov is waived and demoted as expected, that would open up $1.15MM in room.  Additionally, Ryan Ellis is LTIR-eligible and is out for the season, meaning Philadelphia would get the full $6.25MM (less cap space at the time of placement), not the reduced amount for players expected to return in-season.  While going into that would open up the potential for bonus carryover penalties, it would give them ample protection against a rash of injuries or would allow Briere to try to add a player should the Flyers find themselves in the playoff picture when the trade deadline comes around in March.

Key Questions

Will Vladar Stabilize The Goaltending?

The Flyers have long been believers in the potential of Samuel Ersson, who has been a nice find for the team since being drafted 143th overall in 2018.  But Ersson, now 25, has looked overwhelmed at times as the club’s go-to number-one netminder since the departure of Carter Hart, and his overall body of work simply has not been good enough.  Ersson put together an .890 save percentage across 51 games in 2023-24, and a very poor .883 mark this past season. Among goalies who played in at least 30 games last season, Ersson’s .883 save percentage ranked second-worst in the NHL, ahead of only recent Sabres signing Alexandar Georgiev. (.875)

While the Flyers are likely still believers in Ersson, and he remains overwhelmingly likely to play a solid role for the team moving forward, the team did bring in some additional help at the position.  Philadelphia added Vladar, who played in 30 games last season and posted an .898 save percentage.  While it is relatively unlikely that Vladar, 28, will suddenly transform into an elite netminder, it is somewhat more reasonable to expect him to be able to help stabilize the position for the organization.  Vladar has put together some quality stretches over the course of his 105-game NHL career thusfar, and he has the opportunity to get a more consistent diet of starts with the Flyers than he was able to get in Calgary.  The Flyers have quite a few question marks across their roster as they attempt to re-tool and return to the playoffs, but perhaps no player on the team has a greater opportunity to make his mark than Vladar.

How Will Michkov’s Sophomore Year Go?

Michkov, the 2023 seventh-overall pick, was one of the most highly-regarded prospects in hockey and his debut in Philadelphia was met with sky-high expectations. The 20-year-old Russian phenom more than met those lofty standards, coming second on the team in scoring with 26 goals and 63 points. Michkov possesses rare offensive talent, and it’s easy to imagine him quickly becoming the team’s most lethal scoring threat – if he isn’t there already.

The importance of Michkov to the Flyers’ future cannot be overstated.  That is why one of the key storylines for the club’s upcoming season will be whether Michkov is able to avoid the dreaded sophomore slump, continue to grow offensively, and find a way to round out his game a little more on the other end of the ice.  Nobody should expect Michkov to grow into a suffocating defensive force, and Michkov would probably not be best served trying to make too many drastic changes to how he plays.  But NHL coaches have high expectations for their players in terms of defensive responsibility, and Michkov at times fell short of those expectations in his nonetheless brilliant rookie season.  If Michkov can find a way to more sustainably balance his lethal offensive instincts with a reasonable level of commitment to defense that satisfies Tocchet, he could reach new heights of stardom and surpass Travis Konecny as the Flyers’ most valuable all-around force.

Will The Duo of Former Top Ducks Picks Take Needed Steps Forward?

Through two separate trades, the Flyers were able to acquire the two top-ten draft choices the Ducks made between 2019 and 2020: Zegras and Jamie Drysdale.  Zegras is entering his first season in Philadelphia, and has a clear mandate entering an extremely important 2025-26 season: show he can still be the kind of impactful, high-level contributor he was early in his tenure with the Ducks.  Injuries and inconsistent play have dimmed Zegras’ star quite a bit since he broke into the league with back-to-back 60-plus point seasons in his first two full NHL campaigns.  The Flyers will be hoping that a change of scenery will do wonders in helping Zegras return to his formerly dynamic offensive identity.

As for Drysdale, 2025-26 will be his third season wearing Flyers orange, and he’s in a situation with some key similarities, and important differences, to Zegras.  Drysdale has also had to deal with persistent injury trouble, although he did manage to get into 70 games for the club last season.  For Drysdale, the challenge has been finding a way to make a consistent, high-level impact on both ends of the ice.  Drysdale has the pedigree and potential to be a key two-way force for the Flyers, but with his contract set to expire at the end of the year, he’ll need to take some concrete steps forward to maintain his place at (or near) the center of the team’s future plans.

Ethan Hetu also contributed to this column.

Photos courtesy of Jeff Curry and Perry Nelson-Imagn Images.

Summer Synopsis: Pittsburgh Penguins

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With training camps now just a couple of weeks away, the bulk of the heavy lifting has been done from a roster perspective.  Most unrestricted free agents have found new homes, the arbitration period has come and gone, and the trade market has cooled.  Accordingly, it’s a good time to take a look at what each team has accomplished this offseason.  Next up is a look at Pittsburgh.

The Penguins have been at a crossroads for a little while now but it appears that they’re now set to take a bit of a step back to focus on the future.  Dan Muse takes over from Mike Sullivan behind the bench with an eye on player development although Pittsburgh will be entering training camp with the oldest roster in the NHL.  That will likely change at some point during the season if the standings dictate a sell-off of players as expected.

Draft

1-11 – F Benjamin Kindel, Calgary (WHL)
1-22 – F Bill Zonnon, Rouyn-Noranda (QMJHL)
1-24 – F William Horcoff, Michigan (Big 10)
2-39 – D Peyton Kettles, Swift Current (WHL)
3-73 – D Charlie Trethewey, U.S. U18 (NTDP)
3-84 – G Gabriel D’Aigle, Victoriaville (QMJHL)
3-91 – D Brady Peddle, Waterloo (USHL)
4-105 – F Travis Hayes, Sault Ste. Marie (OHL)
5-130 – F Ryan Miller, Portland (WHL)
5-148 – D Quinn Beauchesne, Guelph (OHL)
5-154 – F Jordan Charron, Sault Ste. Marie (OHL)
6-169 – F Carter Sanderson, Muskegon (USHL)
7-201 – F Kale Dach, Sherwood Park (BCHL)

GM Kyle Dubas went into the draft with the most picks and was particularly active on the trade front, including trading down from 12 to 22 and then flipping one of the firsts acquired in that swap to move up to 24.  For good measure, he swung two more swaps on the second day of the draft.  Interestingly, at a time when a lot of teams mix in some international picks, all 14 of their selections played in North America last season.

Kindel was a surprising selection at 11th overall.  Viewed as likely to land more in the late teens or early 20s, he wound up nearly going in the top ten with Pittsburgh believed to have tried to move up to make sure they got him.  He plays with the type of pace that Dubas is hoping the Penguins will one day get to as their roster eventually gets younger and while he’s a little undersized, he profiles as a top-six piece for them.  Kindel has played down the middle at times and if he’s able to stick at that position in the pros, he’ll become that much more valuable.

Zonnon is another player who went a bit earlier than expected with most of his rankings ranging from the late 20s to the early 40s.  Like Kindel, he brings a lot of offensive creativity to the table as Pittsburgh’s early goal in the draft was clearly to increase their skill.  Horcoff was another player picked well above his rankings but as a six-foot-five center, that was bound to happen.  He wasn’t much of a difference-maker in the USHL but a midseason move to the University of Michigan helped his offensive game and certainly contributed to his rise on rankings lists.  He might ultimately pan out as a two-way third liner but those players can be quite impactful overall.  None of these three picks are likely to push for a spot with the big club for at least a couple of years.

In terms of their selections on the second day, they went in a different direction.  Kettles is a big shutdown defenseman who profiles as someone who might best fit in on the third pairing but whose size and reach should cause some havoc if he develops as planned.  Trethewey came into the season as a projected first-round pick, even slotting in with a lottery ranking in some preseason lists.  But his season with the US National Team Development Program wasn’t as impactful as hoped.  The raw tools are there to be a potential top-four selection but he’s someone who might wind up being a longer-term project.

D’Aigle was an interesting pick as he struggled mightily last year with QMJHL Victoriaville to the tune of a 4.53 GAA.  But the Tigres were a weak team and at six-foot-four, he has the size that teams covet between the pipes.  Peddle is a physical blueliner who wasn’t able to produce much in the USHL during the regular season although he flashed a little more upside in the postseason.  He’ll move to the QMJHL this season and then head to college; both of these players are longer-term picks as well, a theme that can be said for most of the rest of their selections.

Trade Acquisitions

D Connor Clifton (from Buffalo)
D Mathew Dumba (from Dallas)
G Arturs Silovs (from Vancouver)

While Clifton and Dumba are veteran right-shot defensemen (the side teams typically covet), their additions were more about the second-round picks that accompanied them than they were about adding the players.  Clifton will add some grit on the third pairing while Dumba may be in tough to simply crack the lineup.  Both players are pending unrestricted free agents and likely won’t be part of their plans beyond this season.

That isn’t the case for Silovs.  While he struggled considerably in limited action with Vancouver last season, he held his own when a pair of injuries pressed him into their starting role in the playoffs the year before.  He was the top goalie at the Worlds in 2023 and the AHL Playoff MVP this spring with Abbotsford and while it was widely expected that the Canucks would have to waive him with their veteran tandem now in place for several years, Dubas decided to jump the queue and swing a trade for him.  He’ll go into training camp as the likely backup goalie with a chance to push for a bigger role if he fares well early on.  He has a 3.13 GAA and a .880 SV% in his first 19 NHL regular season games.

UFA Signings

D Alexander Alexeyev (one year, $775K)
F Justin Brazeau (two years, $3MM)
F Connor Dewar (one year, $1.1MM after non-tender)^
F Rafael Harvey-Pinard (one year, $775K)*
F Bokondji Imama (one year, $775K)*^
D Caleb Jones (two years, $1.8MM)
D Philip Kemp (two years, $1.55MM)*
F Joona Koppanen (one year, $775K)*^
G Filip Lindberg (signed in Finland)
F Anthony Mantha (one year, $2.5MM plus $2MM in bonuses)
F Philip Tomasino (one year, $1.75MM after non-tender)^
D Parker Wotherspoon (two years, $2MM)

*-denotes two-way contract
^-denotes re-signing

Mantha was easily Pittsburgh’s most intriguing addition this summer.  At his best, he has been an impactful top-six forward but consistency has been a challenge.  Signed by Calgary last summer in effectively the same type of situation the Penguins are in now, he suffered a torn ACL barely a month into the season, making him eligible for performance incentives which are tied to games played.  A good showing could be enough to convince Dubas that he’s worth keeping around a little longer or he could ultimately find himself on the trade block a few months from now.  While most of their additions were of the depth variety, Mantha is one who brings a bit of upside if he stays healthy.

Tomasino and Dewar were both non-tendered to avoid salary arbitration but re-signed fairly quickly after the free agent market opened up.  Tomasino got off to a tough start in Nashville and was flipped to Pittsburgh in November for a future fourth-rounder.  He was able to hold down a regular role (when healthy) with the Penguins but still didn’t show the top-six upside he had at the beginning of his career.  He remains RFA-eligible moving forward but will remain a non-tender candidate because of the arbitration rights.  Dewar played sparingly with Toronto last season and was moved in a cap-clearing deal at the trade deadline.  The change of scenery allowed him to play a bigger role and with seven points in 17 games following the swap, he did well enough to earn another chance.  He and Tomasino should be in the mix for bottom-six roles.

Brazeau will also be a part of that mix.  He only played his first full NHL campaign last season, splitting time between Boston and Minnesota in largely a fourth-line role.  Given the later start to his NHL career, the 27-year-old still could have a bit of upside; otherwise, he’ll likely reprise that fourth-line role with the Penguins.  Wotherspoon also played his first full NHL season in 2024-25 at the age of 27.  He quietly logged 18 minutes a night for Boston and with the left side of Pittsburgh’s back end not particularly strong at the moment, he could have a chance to play a bigger role.  Jones and Alexeyev also have NHL experience and could find themselves in the mix for a spot in training camp.

RFA Re-Signings

None.  Pittsburgh non-tendered all of their restricted free agents except for one (who had already signed in the KHL).  Dewar and Tomasino were eventually retained but as UFAs as noted earlier.

Departures

F Raivis Ansons (signed with Wilkes-Barre/Scranton, AHL, NHL rights relinquished)
D Isaac Belliveau (trade with Buffalo)
F Emil Bemstrom (signed in Switzerland)
F Kasper Bjorkqvist (signed in Finland)
D Nathan Clurman (signed with Montreal, one year, $775K)*
G Taylor Gauthier (signed with Wilkes-Barre/Scranton, AHL, NHL rights relinquished)
D Matt Grzelcyk (unsigned)
D Mac Hollowell (signed in Russia)
F Jimmy Huntington (signed with San Jose, one year, $775K)*
D Vladislav Kolyachonok (trade with Dallas)
D Filip Kral (signed in Czechia)
F Marc Johnstone (signed with Toronto, AHL)
D Pierre-Olivier Joseph (signed with Vancouver, one year, $775K)
F Mathias Laferriere (signed in Slovakia)
G Alex Nedeljkovic (trade with San Jose)
F Matthew Nieto (unsigned)
D Colton Poolman (unsigned)
F Vasiliy Ponomarev (signed in Russia, Pittsburgh retains his RFA rights)
F Chase Stillman (trade with Vancouver)
D Conor Timmins (trade with Buffalo)

*-denotes two-way contract

Grzelcyk had to settle for a one-year deal last summer and responded about as well as he could.  He posted a career high in assists (39) and points (40) while logging over 20 minutes per game for the first time.  In essence, it looked as if he had shown that he can still be a legitimate top-four defenseman.  And yet, more than two months into free agency and training camps almost upon us, he’s still looking for a contract.  Speculatively, his camp aimed high coming off the year he had and the limited options on the open market but his smaller stature likely didn’t help his cause.  Now, another one-year deal might be what he has to wind up settling for.

Among the other blueliners who saw some NHL action last season, Timmins was the other part of the cap-clearing move from Toronto at the deadline.  He played a somewhat limited role for them down the stretch and will have a similar role with Buffalo.  Kolyachonok has been up and down in recent years and was a waiver claim back in February and likely would have been on the outside looking in at a roster spot had he stayed in Pittsburgh.  Joseph’s second stint with the Penguins didn’t go particularly well which made his non-tendering for the second straight year a pretty safe decision.

Nedeljkovic had his ups and downs between the pipes, briefly taking over as the starter at times while at others, he struggled considerably to the point of his lowest full-season save percentage, checking in at .894.  Considering their goal of getting a little younger, bringing Silovs into Nedeljkovic’s role carries a bit more risk but also more upside.

Among the forwards that moved on, Ponomarev is the most surprising given that he accepted a three-year deal in Russia at a time that the Penguins were hoping to see some prospects take a step forward and push for a roster spot.  They’ll have to wait a while for that to happen with him now.  Nieto dealt with more injury trouble last season and wasn’t anywhere near as effective as he was when he was last healthy in 2022-23.  At this point, he’s a PTO candidate at best.  Bemstrom’s stock had dropped in recent years, going from a roster regular with more than 200 games of NHL experience to someone who cleared waivers and spent most of last season in the minors.

Salary Cap Outlook

Even after taking on some pricey contracts for depth defensemen in Clifton and Dumba, the Penguins still have plenty of cap space, a little over $13MM, per PuckPedia.  Depending on how the roster is configured, that number could still go up.  They have all three of their retention slots remaining and although being a third-party retainer is out of the question following the early institution of the more restrictive rules on salary retention, Pittsburgh is well-positioned to try to utilize some of that flexibility, either through retention or taking on more unwanted contracts.

Key Questions

When Will The Trades Happen? Defenseman Erik Karlsson has been in trade speculation for a while now.  So have wingers Bryan Rust and Rickard Rakell.  Even centers Sidney Crosby and Evgeni Malkin have seen their names out there although the likelihood of them moving is much less certain (only if they decide they want to move which is far from a given).  But as of yet, Dubas hasn’t pulled the trigger on a move, even though it has been a market featuring way more buyers than sellers this summer.  Will he look to try to get more leverage closer to the trade deadline or will something materialize earlier in the season?

Can Novak Bounce Back? Among the moves made last season was Dubas acquiring center Thomas Novak from Nashville near the trade deadline.  It was an odd move for a selling team to acquire a veteran middleman but it was an intriguing buy-low acquisition.  Novak came into last season with back-to-back years of 40-plus points with strong possession numbers.  Last season, the latter was still good but his point output dropped and he was injured two games after the trade.  If Novak can get back to that 40-point level, he’s someone who could plausibly become part of their plans beyond the end of his contract in 2027 or, alternatively, become an intriguing trade chip in a market that is lacking in center depth.

Will Jarry Provide Starting-Level Goaltending? When Dubas signed Tristan Jarry to a five-year deal after being hired, it was a vote of confidence that Pittsburgh’s goaltending was set for a while.  But the first two seasons of that deal have been up-and-down, to say the least, with last year being particularly rocky as he found himself clearing waivers and in the minors at one point.  It’s clear that the team views Silovs as a possible piece for the future while Joel Blomqvist is waiting in the wings as well.  If Jarry can get back to being a legitimate starter, things can settle down between the pipes for a bit.  If not, his future with the team could get murky in a hurry.

Photos courtesy of Kim Klement Neitzel and Charles LeClaire-Imagn Images.

Summer Synopsis: San Jose Sharks

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With training camps now just a couple of weeks away, the bulk of the heavy lifting has been done from a roster perspective.  Most unrestricted free agents have found new homes, the arbitration period has come and gone, and the trade market has cooled.  Accordingly, it’s a good time to take a look at what each team has accomplished this offseason.  Next up is a look at San Jose.

Expectations weren’t particularly high for the Sharks heading into last season as their extended rebuild continued with their struggles to land another top draft pick.  This summer saw GM Mike Grier be quite active overall, although expectations for the upcoming season will once again be low, as the bulk of their summer activity was adding short-term veterans who could potentially be flipped later in the season.

Draft

1-2 – F Michael Misa, Saginaw (OHL)
1-30 – G Joshua Ravensbergen, Prince George (WHL)
2-33 – D Haoxi Wang, Oshawa (OHL)
2-53 – F Cole McKinney, U.S. U18 (NTDP)
3-95 – F Teddy Mutryn, Chicago (USHL)
4-115 – D Ilyas Magomedsultanov, Yaroslavl (MHL)
4-124 – D Zack Sharp, Western Michigan (NCHC)
5-150 – F Max Heise, Penticton (BCHL)
7-210 – F Richard Gallant, U.S. U18 (NTDP)

Arguably the best forward, if not the best player, heading into the 2025 NHL Draft, Misa adds to an already elite group of Sharks forward prospects. In his third season with the OHL’s Saginaw Spirit, Misa recorded 62 goals and 134 points in 65 games with a +45 rating. Displaying a skating ability reminiscent of former MVP Nathan MacKinnon, San Jose could have one of the scariest forward cores in the league with Misa, Celebrini, and Smith headlining.

Despite having mixed results throughout the 2024-25 season, Ravensbergen is a prototypical goalie prospect, standing at 6’5″ and having the movement between the pipes as if he’s a foot shorter. Throughout his rookie campaign with the WHL’s Prince George Cougars, Ravensbergen managed a 26-4-1 record in 38 games with a .907 SV% and 2.46 GAA, along with six shutouts. Although it’s difficult to project him as a consistent threat for the Vezina Trophy, Ravensbergen has the size and ability to be an above-average netminder at the NHL level.

Outside of their top two selections, the Sharks’ next four picks are all projected to play NHL minutes throughout their careers. It’s a fool’s errand to accurately project the players beyond the first four rounds in any year of the draft, but most pundits consider San Jose’s 2025 draft to be an overwhelming success.

Trade Acquisitions

F Shane Bowers (from New Jersey)
G Alex Nedeljkovic (from Pittsburgh)
F Oskar Olausson (from Colorado)
G Carey Price (from Montreal)
F Ryan Reaves (from Toronto)

Acquiring some insurance for Askarov, the Sharks will become the fourth team of Nedeljkovic’s career. After failing to become an everyday goalie for the Detroit Red Wings, Nedeljkovic spent the last two years with the Pittsburgh Penguins, managing a 32-22-12 record in 76 games with a .898 SV% and 3.05 GAA. While that production doesn’t exhibit much stability, it’s worth noting that Nedeljkovic nearly led the Penguins to the postseason in the 2023-24 campaign, with an 8-2-2 performance to end the season.

Outside of Nedeljkovic, San Jose didn’t add too much on the trade market. Reaves holds nearly zero value as an everyday player, but will add some protection for the Sharks’ crop of young talent. Meanwhile, although each used to be an above-average prospect, Bowers and Olausson have a lot of work cut out for them should they become consistent NHL talents.

One of the Sharks’ biggest trades of the summer came only yesterday, when they acquired Price’s contract from the Montreal Canadiens. Although he’ll never play with San Jose, he affords them a $10.5MM salary cushion should they hope to trade any current veterans for prospects or draft capital. The best part is, despite having a $10.5MM cap hit, the Sharks only owe Price $2MM throughout the regular season since much of his salary was paid out via a signing bonus on September 1st.

UFA Signings

D Cole Clayton (one year, $775K)*
F Adam Gaudette (two years, $4MM)
F Jimmy Huntington (one year, $775K)*
D John Klingberg (one year, $4MM)
F Philipp Kurashev (one year, $1.2MM)
F Samuel Laberge (one year, $775K)*
D Dmitry Orlov (two years, $13MM)
F Pavol Regenda (one year, $775K)*^
G Jakub Skarek (one year, $775K)
F Jeff Skinner (one year, $3MM)
F Colin White (one year, $775K)*^

*-denotes two-way contract
^-denotes re-signing

Heading into the summer months, the Sharks had the cap space to supplement their young roster. In doing so, the team added Klingberg and Orlov to expensive deals to bolster the blue line, while also adding depth forwards like Gaudette, Kurashev, and Skinner.

After scoring one goal and four points in 19 postseason games for the Oilers during the 2024-25 Stanley Cup playoffs, Klingberg doesn’t appear to be the health question mark he was heading into last season. Regardless of his limited availability over the past several years, Klingberg immediately becomes the Sharks’ top option on the right side.

Meanwhile, Orlov lands in the Bay Area after four solid seasons split between the Washington Capitals, Boston Bruins, and Carolina Hurricanes. Throughout that stretch, Orlov scored 31 goals and 125 points in 300 games with a +57 rating, averaging more than 20 minutes of ice time per night. Although he did have a shaky performance with the Hurricanes last postseason, he’s now one of the most accomplished defensemen on the Sharks.

Along with the youngsters who will undoubtedly compete for a roster spot during training camp, the trio of Gaudette, Kurashev, and Skinner should make up for the exodus of depth forwards the team sustained this offseason. Even if they don’t have career years, they’ll raise the Sharks’ floor at the very least, and keep some stability in the bottom six of the forward core.

RFA Re-Signings

F Egor Afanasyev (one year, $800K)
G Gabriel Carriere (one year, $795K)*
D Shakir Mukhamadullin (one year, $1MM)
D Jack Thompson (one year, $800K)*

*-denotes two-way contract

There wasn’t a lot of work to be done on this front this summer. With Mukhamadullin and Thompson still adjusting to the NHL, a short-term contract was the best option for both parties while the team evaluates their potential roles in the future. Meanwhile, the return of Afanasyev from the KHL was a little unexpected. He’ll have a chance to push for a roster spot in training camp and will be waiver-eligible for the first time this fall.

Key Extension

F William Eklund (three years, $16.8MM)

It’s not very often that a team will sign a player to a bridge contract a year before their contract actually expires, but that’s the route Eklund and the Sharks took this summer. The 22-year-old forward has shown lots of promise in his first two full NHL seasons, including putting up 58 points in 2024-25, good for second on San Jose in team scoring. Eklund, the seventh overall pick in 2021, remains a big part of their long-term plans and will be pencilled into a top-six spot once again this season. But he’ll have to wait a little while longer to secure the long-term contract that some thought might have been coming his way next year, while both sides will have more time to assess his long-term upside.

Waiver Claim

D Nick Leddy (from St. Louis)

For the second straight summer, the Sharks executed a rare waiver claim to add a veteran, this time on the back end after getting Barclay Goodrow last year. Leddy dealt with some injury issues last season and didn’t fare particularly well when he was in the lineup. Still, he adds some veteran depth on the back end, and if San Jose can get his game back on track, he could become a viable trade candidate late in the season.

Departures

F Carl Berglund (signed in Czechia)
F Thomas Bordeleau (trade with New Jersey)
F Nolan Burke (unsigned)
F Brandon Coe (unsigned)
F Walker Duehr (signed with Winnipeg, one year, $775K)*
G Alexandar Georgiev (unsigned)
F Noah Gregor (unsigned)
F Daniil Gushchin (trade with Colorado)
F Klim Kostin (unsigned)
F Nikolai Kovalenko (signed in KHL)
D Gannon Laroque (trade with Montreal)
F Andrew Poturalski (contract termination, signed in KHL)
G Georgi Romanov (PTO with New Jersey)
F Mitchell Russell (signed in ECHL)
D Jan Rutta (signed in Switzerland)
D Scott Sabourin (signed with Tampa Bay, one year, $775K)*
D Jimmy Schuldt (signed with Vancouver, two years, $1.55MM)*
D Henry Thrun (trade with Toronto)
D Marc-Edouard Vlasic (bought out, unsigned)

*-denotes two-way contract

Although the Sharks weren’t in a position to lose any big names this offseason, they lost plenty of depth. Still, given the number of additions and influx of young talent, San Jose was in a comfortable position to sustain every departure.

The most notable, if any, will undoubtedly be Vlasic. Becoming a shell of himself since the start of the 2019-20 campaign, Vlasic had only scored 17 goals and 68 points in his last 358 games as a Shark with a -90 rating while averaging 17:09 of ice time per game. Still, giving 19 years of his life to the organization, Vlasic will always be remembered as one of the best defensemen to ever wear the teal.

Outside of Vlasic, the combination of Bordeleau, Duehr, Gregor, Gushchin, Kostin, Kovalenko, Poturalski, Rutta, Sabourin, Schuldt, and Thrun provided the Sharks with 11 goals and 45 points in 223 combined games last season. Arguably, San Jose should be able to replicate, if not improve upon, that production with their additions and promotions this summer.

Salary Cap Outlook

Even with taking on a $10.5MM cap charge with Price, the Sharks still have plenty of cap flexibility heading into the season, with more than $9MM in cap space, per PuckPedia. With them being widely expected to sell at some point, the addition of Price should help keep them comfortably above the $70.6MM salary floor. Meanwhile, with just over $41MM on the books beyond the upcoming season and only one player signed beyond 2027-28 (Eklund), San Jose has arguably the most cap flexibility of any team moving forward.

Key Questions

How Much Will Askarov Play In His First Full NHL Season? When Grier acquired Yaroslav Askarov from Nashville last offseason, he secured what he hopes will be their long-term solution between the pipes. However, he will enter the year with just 16 NHL appearances under his belt, and generally speaking, throwing a young netminder to the wolves on a team that’s not expected to be particularly competitive is risky from a development standpoint. The addition of Nedeljkovic gives them some insurance, but how they split the starts will be interesting to see. Do they try to push Askarov with more of a traditional starting workload, or will it be more of a split so that they don’t throw too much at the young player too quickly?

What Will Happen With Ferraro? For the last two years, defenseman Mario Ferraro has been a speculative trade candidate leading up to the trade deadline, but no move has come to fruition. Now, the 26-year-old is entering the final season of his contract, one that carries a respectable $3.25MM AAV. Grier will need to decide in the coming months leading up to the March 6th trade deadline if he views Ferraro as a longer-term building block, meaning that contract extension talks will be needed. Otherwise, perhaps the third time will be the charm on the trade front.

How Big Of A Next Step Will Celebrini Take? While he didn’t win the Calder Trophy last season (he finished third in voting), 2024 top pick Macklin Celebrini had an impressive rookie year, leading the Sharks in scoring with 63 points (25 goals and 38 assists) in 70 games. Widely viewed as an elite two-way center of the future, can Celebrini take a step forward offensively while also shoring up his defensive play? The sooner he becomes the all-around player he has been touted to become, the sooner one of the hardest positions to fill in a rebuild will be in place. A significant leap could prompt Grier to transition from rebuilding to acquiring long-term additions for the team.

Photo courtesy of Charles LeClaire and David Gonzales-Imagn Images.

PHR’s Brennan McClain also continued to this post.

Summer Synopsis: Seattle Kraken

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With training camps now less than a month away, the bulk of the heavy lifting has been done from a roster perspective.  Most unrestricted free agents have found new homes, the arbitration period has come and gone, and the trade market has cooled.  Accordingly, it’s a good time to take a look at what each team has accomplished this offseason.  Next up is a look at Seattle.

When the Kraken promoted Dan Bylsma to take over as head coach last summer, Seattle was hoping that he’d be able to get them going back in the right direction after taking a big step back.  Unfortunately for them, they instead took another step back, prompting not only a coaching change again with Lane Lambert taking over but even a new front office structure with Jason Botterill being elevated to general manager.  His first summer at the helm saw the team make a few moves but the primary core of this group remains largely unchanged.

Draft

1-8 – F Jake O’Brien, Brantford (OHL)
2-36 – D Blake Fiddler, Edmonton (WHL)
3-68 – D Will Reynolds, Acadie-Bathurst (QMJHL)
5-134 – D Maxim Agafonov, Ufa (MHL)
7-205 – D Karl Annborn, HV71 (Sweden U20)
7-218 – F Loke Krantz, Linkoping (Sweden U20)

There’s a saying that a team can’t have enough centers.  Seattle’s draft history might yet put that theory to the test as the selection of O’Brien made it four middlemen taken with their top pick in five years, all of those coming no later than eighth overall.  O’Brien had a breakout season with OHL Brantford, finishing as one of the league’s top assist and point leaders, an impressive feat for a player in his draft-eligible season.  He has already signed his entry-level contract taking a possible NCAA detour off the table but he doesn’t have a lot left to prove in junior either.  He might not push for a spot with Seattle this season but next fall, he could legitimately get a look.

Fiddler was a nice pickup in the early second round as a player ranked by some in the late teens.  The son of long-time center Blake Fiddler, he’s a strong skater on the back end with a bit of secondary offensive upside and showed well at the World Under-18s back in May.  Size-wise, he’s already big enough to fit in on an NHL back end but he’s probably a few years away from getting that chance.  The Kraken stayed in the junior ranks with Reynolds, another big defender but whose profile is much different than Fiddler’s.  He’s more of a true physical shutdown player, a profile they don’t have a lot of in their system.

Among the late-round selections, Agafonov showed well at the Russian junior level last season with his mobility standing out in particular.  He’s someone who will need a couple of years to work up to the KHL and then likely a year or two from there before being NHL-ready.  Annborn, their fourth straight rearguard, got a brief taste of SHL action but spent most of the year at the Under-20 level where he notched 21 assists in 39 games.  Under contract through 2027-28 back home, he won’t be on the radar for a while.  The same can be said for Krantz, though not necessarily because of his contract.  He has a strong shot that made a big impact in Sweden’s Under-18 level but it didn’t translate to the Under-20 division.  He still has some work to do there and is a multi-year project as well.

Trade Acquisitions

F Frederick Gaudreau (trade with Minnesota)
F Mason Marchment (trade with Dallas)

With Dallas needing to free up some money this summer, Seattle was there to take advantage, acquiring Marchment and his $4.5MM contract for the low cost of a 2025 fourth-round pick and a 2026 third-round selection.  For a player who has put up 100 points over the last two seasons while also bringing some physicality to the table, that’s a nice bargain acquisition for them.  If things go well, he’s someone who plausibly could be offered a deal to stick around beyond this season.  If not, he’s someone that they should be able to flip closer to the trade deadline as a rental player for a return that’s better than what they gave up to get him.  Either way, the Kraken should come out of this trade a winner.

Very quietly, Gaudreau has put up solid offensive numbers for a secondary producer in recent years, tallying at least 14 goals and 37 points in three of the last four seasons while also being a regular killing penalties and respectable at the faceoff dot.  The Wild decided that they’d rather try someone else in that role and again, while Seattle has a lot of center depth already, the acquisition cost of a fourth-round pick is quite reasonable, especially since he has three years left on his contract.  That said, his role might be a bit lower on the depth chart than it was in Minnesota.

UFA Signings

D Cale Fleury (two years, $1.78MM)^
F John Hayden (two years, $1.55MM)^
D Ryan Lindgren (four years, $18MM)
D Josh Mahura (two years, $1.815MM)^
G Matt Murray (one year, $1MM)
F Ben Meyers (one year, $775K)^

*-denotes two-way contract
^-denotes re-signing

For the second straight summer, Seattle’s biggest free agent splash came on the back end although Lindgren’s deal isn’t anywhere near as significant as the seven-year, $50MM contract given to Brandon Montour.  Lindgren has largely been the same player for most of his career, a second-pairing defensive-minded player whose possession metrics aren’t the prettiest while he doesn’t bring much to the table offensively; last season was the first time he reached 20 points.  His addition gives the Kraken one of the more expensive bluelines in the NHL for the upcoming season but with the team allowing an extra 30 goals compared to 2023-24, it’s not much of a surprise that their top signing was someone who they hope can help on the defensive side of things.

Most of their other three signings were more of the depth variety, aside from Mahura who spent most of the year on the third pairing and should be in that sixth or seventh battle once again.  Murray will be given a shot to battle for the backup job but could be ticketed to start the year with AHL Coachella Valley.  Fleury has seen NHL action in each of the last four years, albeit in a limited role as he spent the bulk of last season with the Firebirds, a role he’ll likely have once again.  As for Meyers, he had five recalls in 2024-25 although that only led to eight appearances with the Kraken.  He’s also likely heading for the minors where he’ll be one of their veteran recall options when injuries arise as will Hayden.

RFA Re-Signings

D Ryker Evans (two years, $4.1MM)
F Kaapo Kakko (three years, $13.575MM)
F Tye Kartye (two years, $2.5MM)

*-denotes two-way contract

Kakko had a rough start with the Rangers last season and New York decided that the time was right to move him.  As they did with their two trade pickups this summer, the Kraken were there to take advantage of a buy-low pickup.  The change of scenery certainly seemed to work as Kakko collected 30 points in 49 games following the swap, allowing him to set new career bests in assists and points.  After filing for arbitration back in July, the two sides settled on this deal soon after.  Considering his overall struggles in his young career, it’s a deal that carries some risk but if Kakko is able to keep up the same type of production he had following the swap, he could become an important part of their top six.

Seattle had enough cap space to try to do a long-term deal with Evans but they instead elected to do a bridge.  He impressed in his first full NHL campaign last season, notching 25 points in 73 games while logging over 19 minutes a night before getting a look with Canada at the Worlds in May.  He projects to be a big part of their long-term plans defensively but the big pay day will have to wait a little while longer.  Kartye made a name for himself when he debuted in the 2023 playoffs but since then, he has been limited to primarily fourth-line duty.  A short-term pact accordingly made sense for both sides as he’ll look to grab hold of a spot higher on the depth chart over the next couple of years.

Departures

F Brandon Biro (signed in Russia)
D Nikolas Brouillard (signed with San Diego, AHL)
F Andre Burakovsky (trade with Chicago)
F Michael Eyssimont (signed with Boston, two years, $2.9MM)
F Luke Henman (signed in Finland)
D Maxime Lajoie (signed in Russia)
D Gustav Olofsson (signed with Coachella Valley, AHL)
G Ales Stezka (signed in Czechia)

*-denotes two-way contract

After acquiring Marchment, the Kraken quickly moved out Burakovsky to Seattle, taking back Joe Veleno who was promptly bought out.  Brought in on the heels of a career year with Colorado that saw him score 61 points in 2021-22, Burakovsky only managed 92 points over his three seasons with the Kraken, two of which were plagued by a significant injury.  On top of that, he dropped under the 15-minute-per-game mark over the last two seasons, not ideal for one of their top-paid forwards.  Still, they managed to clear out his $5.5MM AAV with only needing to eat a $379K cap charge for the next two seasons with the Veleno buyout so with them deciding the time was right to part ways, it could have gone worse.

Eyssimont was acquired at the trade deadline as part of the return for Yanni Gourde and Oliver Bjorkstrand and played well in limited action following the swap.  However, Gaudreau could ultimately wind up taking his place in the lineup.  Most of their other departures had at least a little bit of NHL experience over the years but those players were primarily regulars at the AHL level and in Olofsson’s case, he remains with the organization, just not on an NHL contract.

Salary Cap Outlook

By electing to do a bridge contract for Evans, Botterill has left himself plenty of flexibility heading into the season with the team projected to open up with just under $4.6MM in cap space, per PuckPedia.  That gives them more than ample coverage should injuries arise while if they find themselves in the mix by the trade deadline, they’ll have more than enough room for a couple of additions.  On the other hand, if they’re not in the playoff picture, they’ll be able to retain on some of their pending unrestricted free agents or act as a third-party facilitator (which is still legal for this season before becoming much more restrictive for 2026-27).

Key Questions

Will Beniers Take The Next Step? When Seattle drafted Matty Beniers second overall in 2021, they thought they had their top center of the future in place.  After putting up 57 points in his rookie season, it looked like he was on his way to being that player.  But production has been harder to come by over the last two years with point totals of 37 and 43.  Those are still decent for a player who is still only 22 but they’re not top-end either.  Right now, he looks more like a second option than a first; if he can get to that top level, the trajectory of this offense changes considerably.

Can Grubauer Deliver NHL-Level Goaltending? Last season was an unmitigated disaster for goaltender Philipp Grubauer and frankly, that still might be an understatement.  He struggled out of the gate and never really got going after that.  The end result was him clearing waivers midseason and posting a career-worst .875 SV% in 26 starts, leading to some buyout speculation this summer.  With Murray in the mix now, Grubauer will simply be fighting to keep a roster spot in training camp, an outcome few thought possible when he signed a six-year contract with them back in 2021.

Will The Special Teams Improve? Botterill indicated recently that one of the goals for this season will be to improve on special teams.  Both units struggled last season with the power play checking in 23rd overall (18.9%) while the penalty kill came in 21st (77.2%).  Neither of those numbers are at the level of a playoff-caliber team and with the Kraken electing not to rebuild but merely to tinker with their core, it’s clear they envision themselves as a group capable of making the postseason.  Can they get the desired rebound on special teams?  If not, their goal of getting back to the playoffs is going to be even tougher.

Photos courtesy of Sergei Belski and Walter Tychnowicz-Imagn Images.

Summer Synopsis: St. Louis Blues

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With training camps now less than a month away, the bulk of the heavy lifting has been done from a roster perspective.  Most unrestricted free agents have found new homes, the arbitration period has come and gone, and the trade market has cooled.  Accordingly, it’s a good time to take a look at what each team has accomplished this offseason.  Next up is a look at St. Louis.

Last summer, the Blues were relatively quiet early on before striking with a pair of successful offer sheets to bring in a couple of potential core players.  A second-half push helped propel them into the playoffs, and in his final summer at the helm as GM, Doug Armstrong largely elected to keep the status quo with only a few moves of consequence.

Draft

1-19 – F Justin Carbonneau, Blainville-Boisbriand (QMJHL)
5-147 – F Mikhail Fyodorov, Magnitogorsk (MHL)
6-179 – G Love Harenstam, Skelleftea (Sweden U20)

If this section feels a little light, there’s a good reason for that.  The silver lining for St. Louis is that most of the missing draft picks turned into established players.  The second rounder went in the offer sheet for Philip Broberg after being reacquired from Pittsburgh.  Broberg showed lots of promise in his first full NHL season.  The third rounder went in the offer sheet for Dylan Holloway.  He finished third on the team in scoring.  Even the fourth rounder yielded a roster regular as it went for Alexandre Texier.  His first year wasn’t great, but he still has one more year left on his contract to turn things around.  With the thought that a draft class should ideally yield two NHL players, they already got there before even drafting anyone.  Not too shabby.

Carbonneau was one of the better offensive wingers in this year’s class and isn’t just a one-trick pony as he’s a deft playmaker with an above-average shot.  There was some talk that he might make the jump to college hockey this season, but he decided to return to QMJHL Blainville-Boisbriand, although he notably hasn’t signed his entry-level deal yet, keeping his NCAA options on the table.  Carbonneau is a few years away from being NHL-ready, but he has legitimate top-six upside.  Fyodorov is a late-round project as he finds himself still in the Russian junior ranks, while Harenstam did okay in Sweden’s junior level last season and will now look to make the jump to the second-tier Allsvenskan.  Both players are longer-term development pieces.

Trade Acquisitions

D Logan Mailloux (trade with Montreal)

While there was a lot of trade speculation surrounding the Blues, including one of their top-paid players in Jordan Kyrou, there was only one trade made.  And while the Canadiens were one of the teams believed to be interested in Kyrou, the two sides made a much different deal, one that we don’t see occur too often with the teams swapping fairly recent first-round picks, with St. Louis dealing from their winger surplus to bring in an intriguing blueliner.

Mailloux has played the bulk of his two-year professional career in the minors, where he has been quite productive for a blueliner, recording 80 points in 135 regular-season games.  With five points in eight NHL contests, he has done well in the offensive zone at the top level as well.  There remain questions about his overall defensive game and how he’ll adapt to playing against tougher competition, but Mailloux should be able to be a capable secondary producer from the back end while likely starting in a depth role as he gets his first taste of extended NHL action this season.  The ceiling is enticing, though if he can put everything together.

UFA Signings

F Nick Bjugstad (two years, $3.5MM)
F Milan Lucic (signed to PTO)
F Matt Luff (one year, $775K)*
F Pius Suter (two years, $8.2MM)

*-denotes two-way contract

Shoring up their center depth was the theme of Armstrong’s summer signings.  Suter picked the perfect time for a breakout year last season, really boosting his stock heading into a free agent period that was lacking in terms of impactful middlemen.  After being more of a middle-six player for the first few seasons of his career, Suter was able to produce at a much better rate, earning himself a near-permanent spot in Vancouver’s top six on the heels of a 25-goal, 46-point effort.  While there are some reasonable questions as to whether he can repeat that performance, the Blues aren’t necessarily paying him to be that player.  If he settles in behind Robert Thomas and Brayden Schenn and helps anchor the third line while helping out on the penalty kill, he’ll fit in pretty well even if the production reverts closer to the usual high 20-point mark.

Bjugstad is only a year removed from a 45-point effort in Arizona, but he wasn’t able to sustain that production following the move to Utah.  His playing time fell by more than five minutes per game as he was deployed pretty much exclusively in their bottom six.  That’s about the same role he’ll have with St. Louis, but having him as a fourth center is a nice luxury to have, while he could also move up and play alongside Suter on the third line, where the two could only focus on strong-side draws, with their overall faceoff success rate being limited.

Lucic is one of the more intriguing PTO candidates this fall.  Between injuries, charges that were later dropped, and a stint in the Player Assistance Program, he hasn’t played in the better part of two years.  While he’s far from the top-six power forward he was in his prime, he could come in and give St. Louis some extra grit on the fourth line if all goes well, giving them a bit more depth to work with.

RFA Re-Signings

F Nikita Alexandrov (one year, $775K)*
G Joel Hofer (two years, $6.8MM)
D Hunter Skinner (one year, $775K)*
G Vadim Zherenko (one year, $775K)*

*-denotes two-way contract

Despite the lack of prospect pedigree, Hofer is quickly becoming the heir apparent to netminder Jordan Binnington, making him the most important RFA for the Blues this summer. The new two-year pact will run through the 2026-27 season, the same time that Binnington’s six-year, $36MM extension expires.

As Binnington ages the next two years, Hofer should have access to additional playing time. In the past two years, Hofer has achieved a record of 31 wins, 20 losses, and 4 overtime losses in 61 games, with a .909 SV%, a 2.65 GAA, and 11.0 goals saved above average while serving in a backup role.

Outside of Hofer, Alexandrov is the only recent RFA that should feature on the Blues’ roster next season. Throughout the past two years, although he has typically played in the AHL, Alexandrov has scored three goals and nine points in 51 games in a bottom-six role.

Departures

F Corey Andonovski (unsigned)
F Zachary Bolduc (trade with Montreal)
F Tanner Dickinson (signed in Slovakia)
F Radek Faksa (signed with Dallas, three years, $6MM)
D Nick Leddy (waivers, claimed by San Jose)
F Mackenzie MacEachern (signed with Vancouver, two years, $1.55MM)*
D Anton Malmstrom (signed in Sweden)
D Ryan Suter (unsigned)

*-denotes two-way contract

St. Louis didn’t lose too much on the offensive side of the puck this offseason, but the jury is still out on whether they’ll be kicking their butts about trading Bolduc. In their defense, the Blues have sufficient depth in their top six, and prospects like Jimmy Snuggerud and Dalibor Dvorsky are ready to make an impact.

Still, Bolduc is one year removed from a solid sophomore campaign, scoring 19 goals and 36 points in 72 contests, typically situated in a middle-six role. In contrast, Mailloux is the same age as Bolduc, and although it usually takes defensemen longer to develop, he only has eight games of NHL experience.

Outside of Bolduc, the Blues lost solid, albeit replaceable, veterans in Leddy and Faksa. It didn’t take long for the team to replace either, as Leddy’s minutes will be replaced by one of the multiple young defensemen on the roster, while the Blues signed Suter and Bjugstad to balance out their center depth.

Salary Cap Outlook

As things stand, St. Louis projects to have around $625K in cap space to start next season, per PuckPedia.  That doesn’t make for much wiggle room when the minimum salary is $775K.  However, that number does not include potential LTIR flexibility.  After missing all of last season due to an ankle injury, Armstrong noted this offseason that he doesn’t expect Krug to play again, meaning his $6.5MM is eligible to land on LTIR.  The exact amount of cap space that would provide depends on their roster at the time they place him on there, but it’s safe to say they’d be able to use around $6MM of that if they have to go that route.  There’s more wiggle room here than it might appear at first glance.

Key Questions

How Will Snuggerud Fare In His Rookie Season? As one of the more exciting prospects coming up through the Blues’ system, Snuggerud will have every opportunity to make a positive impact on St. Louis this season. Finishing off the 2024-25 campaign, Snuggerud scored one goal and four points in seven contests before matching that total (two goals, two assists) in seven games in the 2025 Stanley Cup playoffs. There were a few instances, especially during the postseason, where Snuggerud’s lack of experience showed. Still, if Snuggerud can match his brief scoring pace from last season, he may compete for the Calder Memorial Trophy by the end of the campaign.

Will The Penalty Kill Improve? Without a doubt, one of the biggest weaknesses for the Blues last year was their penalty kill. St. Louis finished with a 74.35% kill rate, ranking 27th in the NHL, and was the second-lowest among playoff teams. Retaining most of their team from last season, it begs the question of whether the additions of Suter and Bjugstad will be enough to change their fortunes. Suter has maintained an impressive on-ice save percentage throughout his career, while Bjugstad displays his skill in the faceoff dot and with his physicality. Hopefully, for the penalty kill’s sake, the combination of the two can prove beneficial.

PHR’s Brennan McClain also contributed to this post.

Photos courtesy of James Carey Lauder and Walter Tychnowicz-Imagn Images

Summer Synopsis: Tampa Bay Lightning

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With training camps now less than a month away, the bulk of the heavy lifting has been done from a roster perspective.  Most unrestricted free agents have found new homes, the arbitration period has come and gone, and the trade market has cooled.  Accordingly, it’s a good time to take a look at what each team has accomplished this offseason.  Next up is a look at Tampa Bay.

Last summer, the Lightning made a big splash, adding Jake Guentzel while parting ways with longtime franchise icon Steven Stamkos among their series of moves.  This time around, GM Julien BriseBois has been much more tempered with his roster movement, opting to work on the fringes while keeping a key trade deadline acquisition in the fold.

Draft

2-56 – F Ethan Czata, Niagara (OHL)
4-108 – F Benjamin Rautiainen, Tappara (Liiga)
4-127 – F Aiden Foster, Prince George (WHL)
5-151 – D Everett Baldwin, St. George’s (USHS-RI)
7-193 – G Caleb Heil, Madison (USHL)
7-206 – F Roman Luttsev, Yaroslavl (MHL)
7-212 – D Grant Spada, Guelph (OHL)
7-215 – F Marco Mignosa, Sault Ste. Marie (OHL)

The Lightning managed a surprisingly stout draft class despite little in the way of pick value. Their class is full of interesting skill and projectable upside, housed within a shell of unrefined skills and clear areas for growth. Czata stands as the true playmaker of the bunch and earns the highest pick as a result. He’s a heads-up center who plays the low-zone well on both ends of the ice. He already has the frame and muscle to work his way to a pro build, but will need to compliment it with improved skating before he can boom at the pro level.

The Lightning reeled in a line of upside picks behind the projectable Czata. Rautiainen was in his final year of draft eligibility, but earned a selection after netting an impressive 37 points in 58 Liiga games last season. He’s an upside bet who could translate to North America soon. Foster is the bruiser of the bunch, having already racked up 260 penalty minutes in just two WHL seasons. Baldwin was seen as a true draft gem in NHL circles, with some New England scouts praising him as a second-round talent at his peak. He’s a nifty, fast-moving defender with the ability to drive play and throw big hits – though he hasn’t yet had a chance at the top level. He’ll get his first in a move to the QMJHL’s Saint John Sea Dogs this season.

The Bolts had to save their energy for a busy seventh-round. They landed a very well-rounded bunch for their effort. It features the flashy athleticism of goaltender Heil, downhill offense of center Luttsev, heavy hitting of defender Spada, incremental, all-around improvement of Mignosa. All four players show flashes of upside as true NHL hopefuls, even despite having to wait until the final picks to hear their name called.

Trade Acquisitions

F Sam O’Reilly (trade with Edmonton)

After Isaac Howard decided that he didn’t want to sign with the Lightning, he immediately because their top trade chip.  They elected not to move him at the deadline but found a viable one-for-one prospect swap that saw him flipped for another late first-round selection.  O’Reilly isn’t NHL-ready like Howard is but he plays the more premium position as a natural center and produced over a point-per-game in both the regular season and playoffs with OHL London.  Already signed to his entry-level deal, he could be in the mix for NHL ice time as soon as 2026-27.

UFA Signings

F Nicholas Abruzzese (one year, $775K)*
F Tristan Allard (two years, $1.745MM)*
G Ryan Fanti (one year, $775K)*
F Gage Goncalves (two years, $2.4MM)^
F Yanni Gourde (six years, $14MM)^
F Pontus Holmberg (two years, $3.1MM)
F Boris Katchouk (one year, $775K)*
D Simon Lundmark (two years, $1.55MM)*
F Jakob Pelletier (three years, $2.325MM)
F Scott Sabourin (one year, $775K)*
D Steven Santini (two years, $1.55MM)*^

*-denotes two-way contract
^-denotes re-signing

BriseBois paid a high price to acquire Gourde and Oliver Bjorkstrand at the trade deadline so it made sense that he’d try to keep Gourde in the fold.  Few expected him to sign a six-year deal at the age of 33, however.  That’s a long contract for someone that age but the trade-off is a cap charge that is well below what he likely would have received in free agency in a market that had few centers of significance.  Gourde is coming off a pretty quiet season by his standards but he was impactful after the trade, notching 14 points in 21 games.  If he comes anywhere close to this, he’s going to be a nice bargain in the early going of this deal and really help bolster their bottom six, an area of need for a while now.

Speaking of bottom-six pickups, both Holmberg and Pelletier qualify.  Holmberg had his first full NHL season last year with Toronto, playing somewhat regularly on their fourth line during the regular season and in the playoffs.  He doesn’t bring a lot of offensive upside to the table but it’s still an improvement on what Tampa Bay’s fourth line provided last season while he could help a bit on the penalty kill as well.  Pelletier cleared waivers to start last season but wound up getting into 49 NHL games between Calgary and Philadelphia.  A 2019 first-round pick, it doesn’t appear as if he’ll be able to live up to his draft billing but he should have a chance to secure a regular spot on that fourth line and, like Holmberg, give it perhaps a bit more offensive upside as well.

Goncalves was able to establish himself as a regular for the most part with the Lightning last season but Tampa Bay wanted nothing to do with arbitration, opting to non-tender him before re-signing him in early July at a price tag higher than what his qualifying offer was.  Last season, he cleared waivers twice.  That’s probably not going to be an option this time around.  Abruzzeze has had some good offensive success in the minors with Toronto but hasn’t had much of an NHL opportunity, allowing him to reach Group Six free agency.  He’ll be in tough to lock down a full-time spot with the Lightning but he could be a good candidate for a midseason recall.

RFA Re-Signings

D Maxwell Crozier (three years, $2.325MM)*
F Jack Finley (three years, $2.325MM)*

*-denotes two-way contract

Most of Tampa Bay’s contract work was done before the summer came along so there wasn’t much to do here.  Crozier and Finley signed identical contracts, deals that will carry a two-way salary this season before converting to one-way pacts for the other two (at rates that will be increased due to the changes to the minimum salary in the CBA).  Crozier could have a shot at earning a seventh defenseman role with the Lightning this season while Finley – who made his NHL debut last season – is ticketed for regular minutes with AHL Syracuse once again.

Departures

D Anthony Angello (unsigned)
F Cam Atkinson (unsigned)
D Derrick Pouliot (signed with Rangers, one year, $775K)*
F Gabriel Fortier (signed with Leksand, SHL)
F Logan Brown (signed with Los Angeles, one year, $775K)*
F Luke Glendening (unsigned)
F Isaac Howard (trade with Edmonton)
D Tobie Paquette-Bisson (signed with Laval, AHL)
D Nicklaus Perbix (signed with Nashville, two years, $5.5MM)
F Conor Sheary (contract termination, signed a PTO with Rangers)
F Simon Ryfors (RFA rights lost, signed with Davos, NL)
G Matt Tomkins (signed with Edmonton, two years, $1.55MM)*

*-denotes two-way contract

Despite a large list of names to leave the organization, the Lightning and GM Julien BriseBois did a good job of not losing anyone of significance. Perbix, 27, is coming off of a nice season to earn a solid two-year deal with the Predators. In 74 games, Perbix put up 19 points while averaging 14:41 of ice time per night. Perhap the biggest departure came in the form of Howard, who never actually suited up in Tampa Bay. Following the trade, the Oilers announced Howard has signed a three-year, entry-level contract beginning in 2025-26.

Salary Cap Outlook

The Lightning are projected to have a little under $1.2MM in cap space for next season, per PuckPedia, and that’s with a 23-player roster.  That’s a luxury they haven’t been able to afford too often in recent years and if they elect not to operate with that to start the season, they could wind up opening up nearly $2MM below the cap ceiling.  That’s a much cleaner spot to be in compared to where they’ve been at times over the last few seasons.

Key Questions

Can Geekie Lock Down A Key Role? One of the wild cards for Tampa Bay this season is forward Conor Geekie.  A key piece of the return in the trade that saw defenseman Mikhail Sergachev go to Utah at the draft last year, the 2022 11th overall pick broke camp with the Lightning last year but played a relatively minor role overall, only playing more than 15 minutes in four of his 52 games while only collecting 14 points.  In February, the decision was made to let him go to Syracuse and he was much more successful with the Crunch, notching 11 goals and 20 points in 24 games, earning a late-season recall and some playoff time.  If Geekie can truly lock down a full-time spot on the third line, a step forward from him coupled with their bottom-six additions could really help shore up what was one of their biggest weaknesses last season.

Will The Lightning Do Any Early Extensions? Over the years, BriseBois has often elected to sign his pending free agents a year early and avoid any potential distractions of having a player in his walk year.  (Stamkos, their former captain, was a rare notable exception.)  There is a trio of veterans who could be candidates to sign new deals.  Bjorkstrand has reached at least 20 goals in six of the last seven seasons, making him a reliably consistent secondary scoring option that should land more than his current $5.4MM price tag on the open market so working to sign him now makes some sense.  Meanwhile, on the back end, veteran Ryan McDonagh and J.J. Moser are both extension-eligible as well.  McDonagh is unlikely to command the $6.75MM cap cost that he currently has but there is likely mutual interest in seeing him stick around in a mentoring capacity for another year or two.  As for Moser, his first season with the Lightning after coming over in the Sergachev trade was a little quieter than expected but he’s still expected to be a top-four piece for them for the foreseeable future.  If they’re confident he can rebound, looking to sign him now when his value might be a little lower would be a wise move.

Can They Match Last Season’s Offensive Production? The Lightning led the NHL in regular season goals last season (292), good for a 3.56 goals per game. The team is returning its core offensive threats, so can it make another push toward the top of the offensive rankings? The answer likely hinges on whether it can replicate last season’s power play success, when it ranked fifth in the league with a 25.9 percent conversion rate. That efficiency was complemented by impressive even-strength production, as the team finished third in the league in even-strength goals, trailing only the Washington Capitals and, perhaps surprisingly, the Columbus Blue Jackets. If Nikita Kucherov can produce something close to last season’s 121 points, and players like Guentzel, Brandon Hagel, and Brayden Point continue to produce at a point-per-game rate, the Lightning should once again find themselves near the top of the league in goals per game and in a strong position to contend heading into the playoffs.

Photos courtesy of Kim Klement Neitzel-Imagn Images

PHR’s Gabriel Foley and Paul Griser also contributed to this post.

Summer Synopsis: Toronto Maple Leafs

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Now more than a month into the new league year, the bulk of the heavy lifting has been done from a roster perspective. Most unrestricted free agents have found new homes, the arbitration period has come and gone, and the trade market has cooled. Accordingly, it’s a good time to take a look at what each team has accomplished this offseason. Next up is a look at Toronto.

The Maple Leafs were big spenders at the trade deadline, augmenting their roster for what they hoped would be a long playoff run.  However, they were ousted in the second round by Florida, leading to the resumption of calls to shake things up.  They did just that, parting ways with one of their top players, using those savings to shore up their overall depth in the hopes that this will be the year that they take that next step forward.

Draft

2-64 – F Tinus Luc Koblar, Leksand (Sweden U20)
3-86 – F Tyler Hopkins, Kingston (OHL)
5-137 – F William Belle, U.S. U18 (NTDP)
5-153 – F Harry Nansi, Owen Sound (OHL)
6-185 – D Rylan Fellinger, Flint (OHL)
7-217 – F Matthew Hlacar, Kitchener (OHL)

The Maple Leafs took a unique approach to this year’s draft. They leaned into projectable floors, rather than high ceilings, in what was widely considered a shallow draft class. That approach did elicit some surprise, namely Luc Koblar’s selection at the end of the second-round. The lanky, high-tempo Norwegian was considered a mid-round pick across many public and private draft boards, though many claimed that was due to a lack of attention rather than a lack of skill. He does boast smooth skills in his 6-foot-3, 190-pound frame – with capable and quick skating and stickhandling. That foundation, and a snappy ability in the middle lane, could leave Luc Koblar just a few years away from a meaningful pro role. He’ll define his long-term potential with how well he adds a stronger first step, and sharper physical presence.

Toronto curbed a confident reach in the second-round by selecting a scout’s favorite in the third. Hopkins was praised by many for his simple, effective, and imposing drive throughout the Kingston Frontenacs season. He plays heavier than his 6-foot-1, 179-pound frame suggests, and showed a strong ability to keep tempo with smaller and faster linemates. He’ll offer the upside of an all-three-zones, physical presence. The same can be said about Belle and Nansi, the former a high-motor forechecker who began his hockey journey in China; and the latter a growing support winger. Both Fellinger and Hlacar will offer hard-hitting ability to round out a class of unexciting, but seemingly projectable, draft picks.

Trade Acquisitions

F Dakota Joshua (from Vancouver)
F Matias Maccelli (from Utah)
F Nicolas Roy (from Vegas)
D Henry Thrun (from San Jose)

With the understanding that Mitch Marner was likely heading to Vegas one way or the other via either a sign-and-trade or free agency, GM Brad Treliving was at least able to salvage something out of the situation with Roy’s acquisition.  He has reached the 30-point mark in four straight seasons, ranging between 13 and 15 goals in each of them.  More importantly, he’s a natural center, giving them a much-needed option down the middle which should allow them to use Max Domi on the wing, a position he’s better suited to playing.  Between Roy and deadline acquisition Scott Laughton, Toronto’s center group is much deeper than it has been in recent years while giving them a much bigger group of bottom-six middlemen, fitting in with Treliving’s goal of getting the team tougher to play against.

That last bit also helps justify the acquisition of Joshua on a buy-low pickup from Vancouver.  He’s only one year removed from a breakout 18-goal, 32-point campaign but last season was a struggle as he worked his way back from testicular cancer plus some nagging in-season injuries.  If all goes according to plan, he’ll help out their depth scoring and penalty killing.

Treliving also bought low on Maccelli, grabbing him from Utah for a conditional third-round pick.  Last season was a tough one as he slid down the depth chart but two years ago, he was fourth in Calder Trophy voting.  In between those two years, he finished third on the Coyotes in scoring with 57 points.  He has shown legitimate top-six upside early in his career and with Marner gone, they’ll be counting on him to help replace some of the playmaking that they lost.

UFA Signings

F Travis Boyd (one year, $775K)*
F Benoit-Olivier Groulx (two years, $1.55MM)
F Vinni Lettieri (one year, $775K)
D Dakota Mermis (two years, $1.55MM)
F Michael Pezzetta (two years, $1.55MM)

* denotes two-way contract

After making a splash on the open market last summer with some moves on the back end, Toronto’s free agent activity was on the depth front this time around.  Of the above signings, only Pezzetta was on an NHL roster for the entire season and he played in just 25 games.  However, he had been more of a regular on the fourth line with Montreal for the previous three years and has 200 games at the top level under his belt.  He’s someone who will be in a battle for a spot at the back of the NHL roster.

The Group Six UFA market wasn’t particularly strong this year and most players went from being on low-cost two-way contracts to being on low-cost two-way contracts with another organization.  Groulx was one of the exceptions, securing a two-year, one-way agreement with Toronto.  He’s only a year removed from playing in 45 games with Anaheim but he didn’t get a sniff of action at the top level last season, instead playing exclusively with AHL Hartford.  The team is likely eyeing him for depth with the AHL’s Marlies but he could be an under-the-radar add.

Experience is the name of the game with their other pickups.  Boyd has a pair of 30-point-plus seasons in the NHL under his belt in nearly 300 games but has been more of an AHL regular in recent years and is likely ticketed to be a big scorer with the Marlies.  Lettieri was a regular with Boston for a good chunk of the second half of last season which helped earn him a one-way salary but he’s probably heading for the AHL as well.  Mermis was claimed off waivers twice last season although it didn’t help him play much in the NHL as he suited up just four times.  He’ll be among their more experienced recall options in the minors, assuming he gets through waivers unclaimed in training camp.

RFA Re-Signings

F Matthew Knies (six years, $46.5MM)
F Nicholas Robertson (one year, $1.825MM)
D William Villeneuve (one year, $775K)*

* denotes two-way contract

Speculated as a potential offer sheet candidate had he made it to July 1st, the Maple Leafs made sure that Knies didn’t get there, agreeing to terms of this contract not long after the draft.  In his two full NHL seasons, he has worked his way into being a legitimate top-line winger and at 22, there’s still room for optimism that he has another level to get to offensively.  In an ideal world, they would have been able to get him locked up for longer as they ultimately only picked up one extra year of club control with this contract but the price tag to do so would have pushed past the $8MM AAV mark which would have limited their flexibility to add other pieces.  With Auston Matthews still having three years left on his deal, two-thirds of Toronto’s top line will be in place for at least that long.

Robertson came pretty close to going to an arbitration hearing but the two sides were able to get this deal done beforehand.  He put up a career-best 15 goals in 69 games last season despite averaging only 12 minutes a night which helped him nearly double his previous price tag.  Nonetheless, his future with the Maple Leafs still seems a little murky, especially with his trade request from a couple of years ago but this agreement buys both Robertson and the team a little more time to assess his long-term fit.

Departures

F Nicholas Abruzzese (Tampa Bay, one year, $775K)*
F Roni Hirvonen (signed with Karpat, Liiga)
F Pontus Holmberg (Tampa Bay, two years, $3.1MM)
D Mikko Kokkonen (signed with Linkoping, SHL)
F Mitch Marner (trade with Vegas)
D Nicolas Mattinen (signed with Adler, DEL)
G Matt Murray (Seattle, one year, $1MM)
D Topi Niemela (signed with Malmo, SHL)
F Max Pacioretty (unsigned)
F Ryan Reaves (trade with San Jose)
F Alex Steeves (Boston, one year, $850K)
F Ty Voit (contract termination, signed with Utah, ECHL)

* denotes two-way contract

Toronto’s summer was overcast by the departure of star winger Marner, coming off the first 100-point season of his career. He was traded to Vegas after agreeing to a max-term, eight-year extension with the Maple Leafs. The sign-and-trade netted Toronto centerman Nicolas Roy as a consolation, though Marner’s presence will be hard to replace on a night-to-night basis. Luckily, Toronto was able to get through the rest of the off-season without many notable changes to their NHL roster. Holmberg will vacate a hardy role in the team’s bottom-six, after netting 19 points in 68 games last season. Pacioretty also helped filled space on the wings, though he was limited to only 13 points and 37 games on the season by a long-term, lower-body injury. The Leafs also landed a positive return for Reaves, who filled the enforcer role through 35 games last season.

The Leafs otherwise enter the season unscathed, replacing much of their minor-league turnover with an active summer. They will maintain the NHL rights for Hirvonen and Niemela through their move to Finland, opening the door for the club to still bank on the former second and third round picks. Steeves and Abruzesse will look to jump above their AHL roles after sitting near the top of Toronto Marlies scoring over the last few seasons. Meanwhile, Murray will look to continue his return from bilateral hip surgery, after posting an encouraging 10-5-4 record and .934 save percentage in 21 AHL games this season. Murray contributed a 15-9-2 record and .901 save percentage over 28 games, and three seasons, with the Leafs.

Key Extensions

F Steven Lorentz (three years, $4.05MM)
F John Tavares (four years, $17.56MM)

Toronto’s summer kicked off on a high note when former captain Tavares signed a team-friendly extension, with an annual cap hit of just $4.38MM. The deal didn’t change the Leafs’ chances at retaining Marner, but landing Tavares at a salary nearly $7MM cheaper than last year did support the team’s push to sign Knies long-term. Tavares continued to produce at a top-level last season, with 38 goals and 74 points in 75 games. He’ll be a true discount headed into next season, where he’ll chase his 1,200th NHL game (currently at 1,184) and 500th goal (currently at 494).

Lorentz will also stick in Toronto, after playing through his first year with the club last season. He finished the year with 19 points in 80 games, operating out of a fourth-line role. This deal is just the second three-year deal of Lorentz’s career. It’s a nice bode of confidence for a depth, two-way winger who has already won a Stanley Cup with the 2024 Florida Panthers, and a Calder Cup with 2019 Charlotte Checkers. He has 62 points in 310 career NHL games, and hasn’t appeared in the minor-leagues since 2020.

Salary Cap Outlook

After years of operating with often multiple players on LTIR, the Maple Leafs project to have $1.919MM in regular cap space heading into the season, per PuckPedia.  That’s not enough to add anyone of consequence in free agency which is why they’re believed to be shopping some of their extra forwards while also being linked to UFA Jack Roslovic if they can free up the money to sign him.  If that doesn’t come to fruition, they’re at least in a spot where they can afford a couple of injury recalls before needing to rely on emergency cap-exempt ones.  That might not sound like much but that’s a big step up from where they have been.  And if they’re able to stay relatively healthy, Treliving might have a bit of wiggle room to work with at deadline time.

Key Questions

Can The Team Replace Marner’s Production? No matter where you stand on Marner moving on, the Maple Leafs still face the challenge of replacing over 100 points. To offset the loss of not only Marner’s offensive production but also his steady two-way play, Treliving prioritized depth signings over chasing a big-name free agent. However, none of those additions bring proven offensive capabilities at the NHL level. To truly offset Marner’s production, the team will likely look for continued growth from players who were already on the roster. This includes the continued rise of the recently extended Knies, who could continue to grow in his age-23 season. The same expectations could be placed on Robertson, who flashed potential with 15 goals in 69 games last season. Trade acquisitions like Roy and Joshua should also be able to chip in. Either way, it’s going to take a committee approach to replace what Marner provided every night.

Is The Goaltending Strong Enough? Joseph Woll is coming off of a solid season, where he posted a solid .909 save percentage, right in line with his career average of .910. However, he struggled with an .886 save percentage in the playoffs, surrendering 23 goals through seven games. Backup Anthony Stolarz fared better in his seven postseason appearances, posting a .901 save percentage, but it too was a far cry from his robust .926 save percentage through 34 regular season appearances. While the duo found success in the regular season — guiding the team to 108 points and an Atlantic Division title — key questions remain: can they elevate their game in the playoffs, steal a must-win game, or go toe-to-toe with the likes of  Sergei Bobrovsky?

Can This Team End The Streak? When the Maple Leafs last won the Stanley Cup, Frank and Nancy Sinatra topped the music charts and the Super Bowl hadn’t even been invented. After 57 years without a championship, the question of when the drought will end only grows louder. So, can this roster, as it stands, finally get over the hump? The Leafs certainly appear to have the offensive firepower to contend with the top teams in the league. The team finished seventh in the league in goals for last season, and still have stars like Matthews, Taveres, and William Nylander leading the way. But does the team have the depth, defense, and goaltending needed to truly make a run?

PHR’s Brian La Rose and Paul Griser also contributed to this post.

Summer Synopsis: Utah Mammoth

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Now more than a month into the new league year, the bulk of the heavy lifting has been done from a roster perspective. Most unrestricted free agents have found new homes, the arbitration period has come and gone, and the trade market has cooled. Accordingly, it’s a good time to take a look at what each team has accomplished this offseason.  Next up is a look at Utah.

Utah’s first season in their new city didn’t see them make the playoffs but they took a big step forward in the standings, getting within seven points of a playoff spot while several of their young players made steps in their development.  Accordingly, GM Bill Armstrong continued to add to his group this summer with an eye on getting the Mammoth to the playoffs in 2025-26 and snapping their five-year drought.

Draft

1-4: F Caleb Desnoyers, Moncton (QMJHL)
2-46: D Max Psenicka, Portland (WHL)
3-78: F Stepan Hoch, Ceske Budejovice (Czechia Extraliga)
4-110: F Yegor Borikov, Dynamo (Russia)
5-142: G Ivan Tkach-Tkachenko, Ufa (Russia)
6-174: D Ludvig Johnson, Zug (Swiss National League)
6-182: D Reko Alanko, Jokerit (Finland)

Desnoyers worked his way up the draft rankings during the season as potential impact centers are hard to come by.  He was one of the top all-around players in this draft class and that defensive awareness looked like it might give him a chance of sticking with the big club at the start of the season.  However, recent wrist surgery that will keep him out for three months will put an end to that.  Desnoyers hasn’t signed his entry-level deal yet which keeps him NCAA-eligible but he’s expected to return to QMJHL Moncton and play a big role once again for the Wildcats.

Psenicka continues Utah’s recent trend of trying to add some size to their system, particularly on the back end.  He split last season between his native Czechia and WHL Portland, not bringing much to the table offensively.  Instead, he profiles as a true stay-at-home physical blueliner, the type of player who might not play big minutes in the NHL but could fill an important checking role on a third pairing for a long time.  Hoch was another big selection from Czechia, bringing Utah some size on the wing this time.  He hovered around the point per game mark in their junior league last season while also getting into 23 games at the Extraliga level.  He’s more of a longer-term project and with another year plus an option left on his contract overseas, he’ll have some time to develop before Utah needs to reassess in a couple of years.

Trade Acquisitions

F JJ Peterka (from Buffalo)

Peterka finished second in scoring for the Sabres last season, but a perceived lack of willingness to remain in Buffalo fueled plenty of trade speculation, which came to a head a little before the draft when the trade was made.  His 68 points also would have been second in Utah scoring and at 23, there’s reason to hope that he still has another gear to get to offensively.  After going and making a big splash to shore up the back end at the draft last offseason when they acquired Mikhail Sergachev, Armstrong basically did the same thing up front.  The Mammoth now have Peterka in his prime years and he should be a strong boost offensively to a team that finished 20th in goals scored last season.

UFA Signings

F Michael Carcone (one year, $775K)^
F Cameron Hebig (two years, $1.55MM)*^
D Scott Perunovich (one year, $775K)*
D Nate Schmidt (three years, $10.5MM)
F Brandon Tanev (three years, $7.5MM)
G Vitek Vanecek (one year, $1.5MM)
F Kailer Yamamoto (one year, $775K)*^

* denotes two-way contract
^ denotes re-signing

Beyond Peterka, most of Utah’s offseason activity revolved around improving their depth.  Tanev has had a solid run in recent years of being a physical bottom-six winger who can kill penalties and chip in a bit offensively and his addition should give the Mammoth some grit in their forward group which is something they could benefit from.  Carcone wasn’t planning to return to Utah next season, even going as far as saying so after the year.  However, no other offers to his liking materialized on the open market, resulting in the two sides reuniting.  He’s likely to hold the same depth role he had last season although he’s only a year removed from that improbable 21-goal campaign.

On the back end, Schmidt comes over from Florida after his one-year pact with them following his buyout from Winnipeg went about as well as possible.  He showed that he can still be a quality contributor on the third pairing and he should be in a spot to play a similar role in Utah.  Perunovich was once a touted prospect with offensive upside but has struggled to stay healthy and hasn’t been as productive as expected when he has played.  After splitting last season between the Blues and Islanders, he’ll be hoping to land a spot at the back of the roster but starting the season in the minors with the Roadrunners is a real possibility.

Vanecek is coming off a year that didn’t go so well for him.  He struggled in limited action with the Sharks before Florida brought him in at the trade deadline after moving Spencer Knight to Chicago as part of the Seth Jones trade.  Vanecek was only a little better with the Panthers but he was able to secure this contract as some insurance with, at the time, some uncertainty about Connor Ingram who was in the Player Assistance Program before being cleared earlier this week.  He’ll battle Ingram for the backup spot behind Karel Vejmelka.

RFA Re-Signings

F Jack McBain (five years, $21.25MM)
D Montana Onyebuchi (two years, $1.55MM)*
F JJ Peterka (five years, $38.5MM)

Peterka was signed as soon as he was acquired but interestingly enough, he signed a deal that bought Utah just one more season of club control than what they would have had if they went year-to-year with him.  Evidently, the price tag for tacking on more UFA years was higher than what Armstrong wanted to pay.  It does, however, set Peterka up to reach unrestricted free agency at 28 where he’ll be in good shape for a max-term deal at that time if he wants one.

McBain has been rather consistent in production over his first three full NHL seasons, ranging from a low of 26 points to a high of 27, that coming last season.  One of the most physical players in the league, he also made some strides at the faceoff dot last season and could be their checking center for the foreseeable future.  This price tag is a little high now given his production but as the salary cap continues to go up quickly, it should hold up fine.

Departures

F Travis Barron (unsigned)
F Nick Bjugstad (signed with Blues)
D Robert Bortuzzo (unsigned)
F Josh Doan (trade with Sabres)
D Michael Kesselring (trade with Sabres)
F Justin Kipkie (unsigned)
F Matias Maccelli (trade with Maple Leafs)
F Egor Sokolov (signed with CSKA Moscow, KHL)

Kesselring was the headliner in the package going to Buffalo for Peterka.  The 25-year-old took a step forward in his development last season while chipping in with 29 points.  Knowing that right-shot defensemen are always in high demand, Utah was able to sell high on him and could do so knowing that Sean Durzi and John Marino are still around.  Doan was the other part of that trade and has shown some upside over his first two professional seasons but hasn’t been able to establish himself as a full-time NHL player just yet.  With the strength of their prospect pool, he was someone who was relatively safe to move, especially getting a player like Peterka in return.

With Peterka coming in, Maccelli’s lineup spot was even more tenuous than it was last year when he slid down the depth chart and even spent a bit of time as a healthy scratch.  Considering that he had seasons of 57 and 49 points the previous two campaigns, they certainly sold low on him, only managing a third-round pick that could elevate to a second rounder depending on his production.  Bjugstad had a great first full year with then-Arizona in 2023-24, coming close to his personal best in points.  However, injuries and ineffectiveness limited him to just 19 points in 66 games a year ago and with the club having surplus center depth already, they didn’t need to go outside the organization to replace him either.  Bortuzzo, meanwhile, was limited to just 17 games last season largely due to injury and his ice time was minimal when he was in the lineup.  At 36, he might have to settle for a PTO heading into training camps next month.

Salary Cap Outlook

Utah was able to quietly offload Shea Weber’s contract at the trade deadline and in doing so, that allowed them to stay below the cap even with the additions of Peterka, Schmidt, and Tanev.  As things stand, they’re set to enter the season with a little under $6.7MM in cap space, per PuckPedia.  That gives them more than enough flexibility to add another piece now should one become available or bank enough in-season flexibility to be able to make a big splash or two at the trade deadline if they find themselves in the playoff hunt.

Key Questions

Will Cooley Sign Now? Young center Logan Cooley is entering the final season of his three-year, entry-level contract which makes him eligible to sign an extension.  We’ve seen several young players quickly sign long-term deals but he hasn’t done so just yet.  Cooley is coming off a strong sophomore season that saw him record 25 goals and 40 assists, finishing second to Clayton Keller in team scoring.  We’ve seen the market for post-entry-level top young centers hover around the $8MM mark in recent seasons which would seemingly serve as a realistic starting point in negotiations.  However, another jump offensively for Cooley could elevate him to an even higher asking price, especially in the context of the $8.5MM cap increase next summer.  Accordingly, some have wondered if he might be better off waiting but given Armstrong’s penchant for trying to sign players quickly, expect them to take a real run at getting something done in the coming weeks if they haven’t already done so.

Can Crouse Rebound? Winger Lawson Crouse signed a deal very similar to McBain’s three years ago with the expectation being that he had gotten to another level offensively.  That held true for the first two seasons of the contract but things fell off a cliff last year.  After putting up 23 goals in 2023-24, Crouse had just 19 points last season despite playing in 81 games.  At his best, he’s a legitimate top-six power forward but that was rarely the case last season.  He’s not in a position of being at risk of slipping out of the lineup altogether like Maccelli briefly was last season but if he can’t get back to form in the first half of the season, expect his name to come up in trade speculation leading into the trade deadline.

Will The Young Russians Make An Impact? In recent years, there haven’t been as many Russian players going early in the draft.  However, in 2023, the Coyotes (before their move to Utah) bucked the trend, selecting defenseman Dmitri Simashev and winger Daniil But with lottery selections, going sixth and twelfth, respectively.  Both players spent the last two seasons as teammates with KHL Lokomotiv Yaroslavl and have now signed their entry-level contracts to start their time in North America.  Both prospects are raw but could plausibly play themselves into NHL action at some point this season, particularly Simashev.  Getting quality NHL contributions at some point from them would certainly give them a boost and show that more pieces of their long-term plan are in place.

PHR’s Gabriel Foley also contributed to this post.

Photos courtesy of Nick Turchiaro and Rob Gray-Imagn Images.

Summer Synopsis: Vancouver Canucks

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Now more than a month into the new league year, the bulk of the heavy lifting has been done from a roster perspective. Most unrestricted free agents have found new homes, the arbitration period has come and gone, and the trade market has cooled. Accordingly, it’s a good time to take a look at what each team has accomplished this offseason.  Next up is a look at Vancouver.

With the Canucks operating as both buyers and sellers last season despite not being a playoff team, it signaled which way they planned to approach the offseason.  After failing to reach an agreement with Rick Tocchet on a contract extension, the team decided to make a coaching change, appointing assistant Adam Foote as the new head coach. A significant portion of their offseason focus has been on retaining as much of their core group as possible.  GM Patrik Allvin feels that Vancouver’s underachieving in 2024-25 is not a sign of things to come.

Draft

1-15: F Braeden Cootes, Seattle (WHL)
2-47: G Alexei Medvedev, London (OHL)
3-65: F Kieren Dervin, St. Andrew’s College (Ontario High School)
5-143: F Wilson Bjorck, Djurgardens (Sweden U20)
6-175: F Gabriel Chiarot, Brampton (OHL)
7-207: F Matthew Lansing, Fargo/Waterloo (USHL)

Vancouver seemed to get all they could have wanted out of the 2025 NHL Draft. In a decisive move, the team addressed clear system weaknesses and shallow depth charts while balancing risky upside with projectable foundations. Cootes won’t have to travel far after spending the season dominating play in the middle lane of the ice for the WHL’s Seattle Thunderbirds. He brings a mix of high-pace playmaking, two-way reliability, and physical strength that Vancouver seems to be sorely missing. Those attributes led Cootes to a team-leading 71 points in 66 total games this season. He is expected to return to the Thunderbirds next season. That should provide the perfect setting for Cootes to become quicker, stronger, and more independent on the puck – all traits that should smoothly ramp him into Vancouver’s lineup in just a few years.

The Canucks backed a smart first pick with a line of upside bets. Medvedev proved to be one of the most consistent goalies in the OHL on a game-by-game and period-by-period basis in his rookie season. He recorded a fantastic 22-8-2 record and .912 save percentage in 34 games of backing a star-studded London Knights roster. He started the majority of London’s regular-season games, but was ultimately usurped in the postseason run to the OHL Championship and Memorial Cup by  21-year-old Austin Elliott. Elliott aged out of the CHL this summer, providing Medvedev a golden carpet to prove he can continue to perform at a top level.

Vancouver finds similar upside in Dervin, who only played in 10 OHL games this season, but looked confident and driven in every single one. He’s a high school star who led St. Andrew’s College with 79 points in 50 AAA games this season, but managed just three points with the OHL’s Kingston Frontenacs. He’s a bet on athleticism, confidence, and instinct, but one that Vancouver balances with the diligent two-way play of Bjorck. Bjorck demonstrated a strong ability to make plays in both slots last season and will be heading to Colorado College, where he is likely to continue focusing on responsible, gritty hockey. The Canucks find a similar balance in the mix of goal-scorer Chiarot and high-skill passer Lansing to round out their class.

Trade Acquisitions

F Evander Kane (from Edmonton)
F Ilya Safonov (from Chicago)
F Chase Stillman (from Pittsburgh)

Amid a summer with minimal new additions, Vancouver found a way to land a potential top-six winger on the trade market. They acquired Kane from the Oilers for a fourth-round draft pick. The 34-year-old winger missed the entire 2024-25 regular season due to abdominal and knee surgery, but returned for 12 points in 21 postseason games. That scoring pace would have put Kane on track for 41 points across 82 games, well in line with his performance over the last few seasons. He’s routinely challenged the 20-goal and 40-point marks, even while missing extended time to injury and personal incidents. While age will be a concern, landing Kane’s routine scoring output could be a major boost to the middle of Vancouver’s lineup.

Vancouver also landed the rights to two intriguing prospects in Safonov and Stillman. The former has spent the last four seasons in a locked-in role with the KHL’s Kazan Ak-Bars, and scored an encouraging 22 points in 51 games this season. He’s a 6-foot-5 center who makes his mark by dominating space close to the net. In contrast, Stillman is a versatile center who operates well in all three zones. He can make important plays, but is still searching for his offensive spark in the minor leagues. He’ll likely head to the Abbotsford Canucks with hopes of winning Sammy Blais’ vacated role, while Safonov has yet to be convinced to move over from Russia.

UFA Signings

D Derek Forbort (one year, $2MM)^
D Guillaume Brisebois (one year, $775K)*^
F Brock Boeser (seven years, $50.75MM)^
D Jimmy Schuldt (two years, $1.55MM)*
F Joseph Labate (one year, $775K)*
F MacKenzie MacEachern (two years, $1.55MM)*
D Pierre-Olivier Joseph (one-year, $775K)

* denotes two-way contract
^-denotes re-signing

Given that Allvin publicly expressed disappointment over the low-quality trade offers for Boeser at the deadline and noted the absence of negotiations for a new contract between that time and the draft, it was widely anticipated that Boeser would enter the open market and likely move on to another team. This expectation was further heightened by the fact that he was one of the key players in a free-agent class that had significantly weakened in the days leading up to July 1st.  However, not long before free agency officially opened, the two sides took one last run at getting something done and worked this deal out, one that might have been a bit under market value given what Nikolaj Ehlers went for.  Boeser might not be the 70-plus-point player he was in 2023-24 regularly, but he’s a reliable secondary scorer, and he’d have been hard to replace had he gone elsewhere.

Their next-biggest signing was also a re-signing of Forbort.  Although he missed some time due to injuries and an illness, he consistently delivered solid performances as a third-pairing defenseman when he was in the lineup. This reliability earned him a new contract at a slight increase from last season, likely allowing him to anchor the third pairing once again.  Joseph comes over after splitting last season between St. Louis and Pittsburgh, where he failed to gain a foothold with either squad.  But with a track record spanning nearly 200 games, he’ll likely have the leg up on the seventh defenseman spot ahead of Brisebois.

RFA Re-Signings

F Aatu Raty (two years, $1.55MM)
F Arshdeep Bains (two years, $1.55MM)
F Max Sasson (one year, $775K)
D Jett Woo (one year, $775K)*
G Nikita Tolopilo (two years, $1.55MM)*
F Vitali Kravtsov (one year, $775K)*

* denotes two-way contract

Vancouver’s RFA re-signings this summer revolved around potential role players.  Raty did well in limited minutes in 33 games last season and is now waiver-eligible for the first time, giving him a leg up in the battle for the final few spots on the forward depth chart.  Sasson made his NHL debut last season, playing 29 games where he fit well on the fourth line, which earned him a one-way contract.  He’ll likely battle with Bains (who was recalled eight separate times last season) to try to land a spot on the opening roster.

The biggest wild card from this group is the one who most recently signed, that being Kravtsov.  The 26-year-old last played in the NHL during the 2022-23 season with the Vancouver Canucks, where he underperformed after being traded from the New York Rangers. He then returned to his home country and played in the KHL for two years with Traktor Chelyabinsk. During his time there, he saw a resurgence in his offensive performance, finishing as one of the top scorers in the league last season with 58 points in 66 games.  Will that be enough to earn him a spot or a flyer as a waiver claim in training camp?  While it’s not a big story, it will be an intriguing subplot to follow.  Kravtsov will need to play in 16 NHL games this season to remain RFA-eligible.  Otherwise, he’ll be a Group Six unrestricted free agent.

Key Extensions

F Conor Garland (six years, $36MM)
G Thatcher Demko (three years, $25.5MM)

The Canucks wasted little time getting these two signed, as both deals were inked on the opening day of free agency.  Garland’s had been leaked a few days prior, and it’s an agreement that should finally put an end to the on-and-off speculation about his future with the franchise, something that had gone back multiple seasons.  Garland has ranged between 46 and 52 points over the last four seasons, becoming a reliable producer of secondary scoring.  The deal is an indicator of where Vancouver expects the secondary winger market to go, and if he stays in this point range for the foreseeable future, they’ll have him locked in at a reasonable cost.

Demko’s deal is a much riskier bet.  Several top starters have surpassed the $8MM mark on their most recent contracts, and when you look at Demko’s overall track record, he certainly belongs in that category. Last season was difficult for him as he recovered from a knee injury, then suffered a back injury, followed by a lower-body issue.  In between, his numbers were slightly below league average.  The Canucks believe that last year’s performance was an outlier and that he will soon return to form. Once this deal is finalized, they will have one of the most expensive goalie tandems in the league, featuring him and Kevin Lankinen.

Departures

F Lucas Forsell (unsigned)
D Christian Felton (unsigned)
D Cole McWard (signed with Islanders)
F Tristen Nielsen (signed with AHL Colorado)
F Ty Glover (unsigned)
F Akito Hirose (unsigned)
D Christian Wolanin (unsigned)
F Nate Smith (unsigned)
D Noah Juulsen (signed with Flyers)
F Phillip Di Giuseppe (signed with Jets)
F Pius Suter (signed with Blues)
G Arturs Silovs (trade with Penguins)
F Dakota Joshua (trade with Maple Leafs)

Although the Canucks didn’t stand to lose much this offseason in free agency, the departure of Suter could prove to be a crippling one. It was already well known that the Canucks were looking to address their depth at the center position, especially after moving J.T. Miller to the New York Rangers last season. Suter left for the Blues, signing a two-year, $8.25MM contract, which is something that Vancouver shouldn’t have had any issues matching. Given that assumption, it stands to reason that Suter was simply uninterested in continuing his career in British Columbia.

Assuming Chytil stays healthy and performs up to his standards, the Canucks will have a significant drop-off in center depth beyond him. Raty has earned the opportunity for more minutes at the NHL level, though it’s difficult to imagine him as a consistent third-line center on a playoff-caliber team. The same can be said about Blueger, despite him being an established NHL player at this point in his career.

Meanwhile, Silovs could become a significant subtraction, though he hasn’t shown much staying power in the NHL. Still, it’s difficult to overlook his AHL performance in last year’s Calder Cup playoffs, as Silovs managed a 16-7-0 record in 24 games with a .931 SV% and 2.01 GAA en route to a Calder Cup championship.

Salary Cap Outlook

The recent decision by Joshua accounts for all of the $3.27MM in cap space available, according to PuckPedia.  That gives them flexibility to try to add another piece closer to training camp or a chance to bank some extra room early in the season.  The Canucks often make moves earlier than other teams, and if they can stay injury-free, they are well-positioned to do so.

Key Questions

Will Pettersson Bounce Back? The Canucks’ competitiveness largely depends on Elias Pettersson returning to form. Yes, they have arguably the best defenseman in the league aside from Cale Makar (and sometimes better), but Vancouver won’t truly be considered a contender without a top-line forward. The drama between Pettersson and Miller has been well-discussed throughout the NHL world, and has seemingly passed with the former’s trade to the Rangers last season. Still, Pettersson didn’t significantly improve after Miller’s departure, and it remains to be seen if he can cross the 100-point plateau as he did two years ago. If he can, the Canucks will have a real opportunity to reach and even excel in the 2026 Stanley Cup playoffs. Unfortunately, if he doesn’t, it’s difficult to see them making any noise in the playoffs, let alone reaching.

Will Demko Rebound? Despite signing a multi-year extension with Vancouver, Demko has a lot to prove with the Canucks this season. Injuries limited him to 23 games during the 2024-25 campaign, and Lankinen proved he could handle starting minutes. Still, Demko is only a year removed from finishing second in Vezina Trophy voting, and Vancouver would be in a much better position in the standings had they gotten that kind of goaltending last year. If the Canucks can get a rebound season from Pettersson, a return to form for Demko, and a healthy year from Hughes, Vancouver could be a decent bet to return to the postseason.

PHR’s Brian La Rose also contributed to this post.

PHR’s Brennan McClain also contributed to this post. 

Photo courtesy of James Carey Lauder-Imagn Images (Boeser)

Photo courtesy of Jason Parkhurst-Imagn Images (Pettersson)

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