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Riley Nash Announces Retirement

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Longtime depth center Riley Nash has retired from the NHL, he told Tyler Lowey of Castanet Kamloops.

Nash, 36, was an unrestricted free agent after spending 2024-25 under contract with the Rangers. He didn’t play at all last season while rehabbing what he told Lowey were a “variety of knee injuries” he sustained during the previous year while on assignment to AHL Hartford, spending his final professional season on the non-roster list.

“With three wonderful young kids and the way my body has behaved over the past few years, it was time to take a step back as an older guy and let others chase their dream the same way I did,” he told Lowey. “I consider myself very fortunate to have played in front of my kids over the last few years. They helped me regain the passion and love for the sport I had as a kid. Now was the right time to step away.”

The 6’2″, 187-lb pivot was the No. 21 overall selection in the 2007 draft by the Oilers, although he elected not to sign with one of the two clubs from his native Alberta. After winning an ECAC championship with Cornell in his junior campaign in 2009-10, he saw his signing rights flipped to the Hurricanes for a second-round pick.

Nash signed with Carolina a few weeks later. While he ended up having a true journeyman’s career, he did have some stability early on in the Hurricanes organization. He spent six seasons there, seeing NHL ice in the latter five, recording 31 goals, 50 assists, and 81 points in 242 games before reaching free agency in 2016.

Nash went on to see NHL ice for the Bruins, Blue Jackets, Maple Leafs, Jets, Lightning, Coyotes, and Rangers. He spent nearly a decade as a full-time AHL piece, going from 2013-14 to 2020-21 without seeing a minor-league assignment, frequently anchoring third and fourth lines. His best season came on a high-powered Bruins squad in 2017-18, setting career-highs across the board with 15 goals, 26 assists, 41 points, and a +16 rating while averaging 15:25 per game.

He spent the last few seasons of his career as a complementary AHL piece, serving as an alternate captain for the Charlotte Checkers in 2022-23 before spending his final healthy campaign with the Rangers’ affiliate in Hartford in 2023-24.

Nash concludes his pro career with 628 NHL appearances, scoring 63 goals, 113 assists and 176 points with a -11 rating in 13:09 of ice time per contest. He also scored 193 points in 312 AHL games in parts of seven seasons.

All of us at PHR wish Nash the best in retirement.

Lightning Acquire Sam O’Reilly From Oilers For Isaac Howard

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In a late-night deal, the Tampa Bay Lightning and Edmonton Oilers are swapping recent first-round picks, as forward Sam O’Reilly is heading to the Lightning in exchange for forward Isaac Howard. Both teams have announced the deal. The Oilers also announced Howard has signed a three-year, entry-level contract beginning in 2025-26.

O’Reilly was selected 32nd overall by the Oilers in the 2024 NHL Draft and posted 28 goals, 71 points, and a plus-56 rating in 62 games for the OHL’s London Knights this past season. He added 22 points in 17 playoff games. In 135 career regular-season games with London, O’Reilly, 19, has scored 127 points to go along with 74 penalty minutes. A two-time OHL champion, the 6’1″, 190 center has added 34 playoff points through 33 games. More than just an offensive threat, O’Reilly has the potential, size, and physicality to also be a shutdown center.

Howard, selected 31st overall in the 2023 draft, spent the last two seasons at Michigan State University after transferring from the University of Minnesota-Duluth. Howard, a 5’11”, 190-pound left wing, took his game to the next level during the 2024-25 season, posting 26 goals and 52 points in 37 games. On a team that featured eight other players either drafted or signed by NHL clubs, he led the Spartans in scoring by 21 points and went on to win the Hobey Baker Award. In two seasons with Michigan State, Howard has produced 88 points and a plus-22 rating.

While O’Reilly may have the higher ceiling as a two-way player, Howard, 21, is closer to being NHL-ready. When Howard does make the jump to professional hockey, his sharp shooting ability and quick skating could make him an immediate fit in the Oilers’ already dangerous top six. Insider Frank Seravalli notes that the Oilers plan to have Howard in their opening night lineup this October.

Tyler Johnson Announces Retirement

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13-year veteran and two-time Stanley Cup champion Tyler Johnson has announced his retirement from the NHL via his Instagram. Johnson’s last professional game will be marked on December 12th, 2024, with the Boston Bruins against the Seattle Kraken.

It’s fitting that Johnson’s last game came against the Kraken. A native of Spokane, WA, Johnson’s professional career began with humble beginnings, signing as an undrafted free agent with the Tampa Bay Lightning from the WHL’s Spokane Chiefs.

Joining an organization who’s had overwhelming success with undersized and undrafted players in the past, Johnson excelled immediately in the Lightning organization. During his first season, he scored 31 goals and 68 points in 75 games for their AHL affiliate at the time, the Norfolk Admirals.

He would only spend one more season primarily playing in the AHL. Finally earning his chance at full-time duties at the NHL level, Johnson impressed greatly during his rookie campaign, scoring 24 goals and 50 points in 82 contests during the 2013-14 season, finishing third in Calder Trophy voting.

Capitalizing on his breakout year, Johnson and the Bolts agreed to a three-year, $10MM contract the following offseason. Despite a few battles with injuries, Johnson sustained his quality two-way efforts throughout that deal, scoring 62 goals and 155 points in 212 games, with a few votes for the Selke Trophy along the way.

His playoff exploits earned him a spot as a fan-favorite in Tampa Bay, scoring 20 goals and 40 points in 43 games from 2015 to 2016, helping the Lightning to their first Stanley Cup Final in 10 years during the 2015 Stanley Cup playoffs. Although he couldn’t help the Lightning over the hump against a dominant Chicago Blackhawks team, the Lightning were ready to invest in Johnson for the long haul.

Johnson eagerly signed a long-term extension with Tampa Bay, securing a seven-year, $35MM contract beginning in the 2017-18 season. For a deal that looked like a bargain when it was time, Johnson quickly wore out his welcome with the Lightning.

His offensive output cratered, finishing with 72 goals and 150 points in 281 games since signing the contract, with another 11 goals and 23 points in 69 games. Although Johnson helped the Lightning to back-to-back Stanley Cup rings in 2020 and 2021, multiple players had passed him on the team’s depth chart.

Needing more salary cap space after the second half of their back-to-back, the Lightning traded Johnson and a 2023 second-round pick to the Blackhawks the following offseason for Brent Seabrook’s contract (which they would later place on LTIR).

Playing on a far worse team in Chicago, Johnson’s offensive output continued in the wrong direction, finishing the remaining three years on his contract with 32 goals and 70 points in 149 games. After his contract expired, Johnson needed to convert a professional tryout agreement with the Bruins to secure a spot on an NHL roster.

With his name on the Stanley Cup twice, Johnson likely won’t have many regrets about his NHL career. He finished with 193 goals and 433 points in 747 regular-season contests with a +19 rating, 49.4% faceoff percentage, 49.7% CorsiFor% at even strength, and 91.7% on-ice save percentage at even strength. In the postseason, and only with Tampa Bay, Johnson concluded his playing days with 32 goals and 65 points in 116 contests with a +7 rating.

We at PHR wish Johnson the best in the next phase of his life and career, and we congratulate him on a successful career that includes two Stanley Cup rings.

Photo courtesy of Jerome Miron-Imagn Images.

Lightning Hire Jeff Tambellini As Assistant General Manager

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  • The Tampa Bay Lightning announced that they’ve hired Jeff Tambellini as their new Assistant General Manager and Director of Hockey Operations. Tambellini is a former six-year veteran of the NHL, playing for the Islanders, Canucks, and Los Angeles Kings. He had previously worked for the Lightning as a collegiate scout from 2020 to 2022 and the Seattle Kraken’s Director of Player Development from 2022 to 2025.

    [SOURCE LINK]

Nikolaj Ehlers Expected To Sign Today

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July 2: Ehlers’ stay on the open market isn’t expected to last more than a few more hours. He’s down to a few teams and will make his decision at some point Wednesday, Chris Johnston of TSN and The Athletic says.

July 1: Entering today, the top free agent on the board was now-former Jets winger Nikolaj Ehlers. He’s due for a big payday after teams looking to land an impact winger in the form of Mitch Marner, who’s off to Vegas in a sign-and-trade, or Brock Boeser, who’s staying in Vancouver on a seven-year deal, failed.

Many pegged Carolina as the favorite to land Ehlers entering today. They’ll certainly have more competition now with other teams looking to circle back and regroup after their day-one activities, but they still have immense spending flexibility with $19MM in cap space and no other moves to make, even after today’s pickup of K’Andre Miller.

As Ehlers likely takes another day – maybe even longer – to mull offers, the Hurricanes did confirm they’ve been in contact with Ehlers’ camp and are “waiting to see where that goes,” general manager Eric Tulsky told reporters Tuesday evening (including the team’s Walt Ruff). ESPN’s Emily Kaplan reported earlier in the day that the Capitals and Lightning were also in contact with Ehlers’ camp, but nothing will be imminent until tomorrow at the soonest.

Ehlers would really need to prefer going to Tampa or Washington to make that a reality. Neither has the cap space to pay him his market value, surely over $8MM per season at this stage on a seven-year deal, and would need to make corresponding moves to make him fit in. Carolina has both a pressing need for him, a system that plays to his analytically inclined game, and the cap space to address his financial needs out of the gate.

Beyond that, his list of realistic destinations might be limited. There will be other teams like the Maple Leafs who may want to create room and add him as an impact top-line piece in the absence of Marner.

Still, Toronto – or any other Canadian team, for that matter – is likely not on Ehlers’ radar, considering his newfound ability to be picky about where he ends up thanks to how the market broke in his favor. He prefers a warmer and less intense market than Winnipeg, Frank Seravalli said on today’s coverage of free agency from B/R Open Ice.

Lightning Sign Jakob Pelletier To Three-Year Contract

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8:48 a.m.: The signing is official, according to a press release from the Lightning.

7:35 a.m.: The Lightning have signed winger Jakob Pelletier to a three-year contract, Renaud Lavoie of TVA reported overnight. It’s a two-way deal in 2025-26, followed by a one-way structure in 2026-27 and 2027-28. He’ll earn a base salary of $775K, $850K, and $900K in each respective season for a total value of $2.525MM and a cap hit of $841,667.

Pelletier, a first-round pick of the Flames in 2019, started last season in the AHL after clearing waivers. He received his first recall of the season in early December and remained on the NHL roster for the next two months aside from a few paper transactions, making 24 appearances to tie his previous career-high with the Flames in 2022-23.

In that span, it looked like the Quebec City native was finally getting his feet under him after an injury-riddled development path. While he wasn’t commanding top-six ice time, he did still notch four goals, seven assists, 11 points, and a +10 rating for Calgary – a 38-point pace over a full season. Nonetheless, they traded him to the Flyers in late January in the deal that brought Joel Farabee and Morgan Frost to the Flames.

The trade halted Pelletier’s offensive momentum. The feisty 5’9″ lefty only managed three goals, five assists, and eight points in 25 appearances for Philadelphia to end the season and was an occasional healthy scratch. He totaled seven goals, 12 assists, and 19 points in 47 games on the year while averaging 11:33 per game. He was owed a qualifying offer of $840K on a two-way deal that the Flyers decided they didn’t want to give him, cutting him loose on Monday and making him an unrestricted free agent.

The 24-year-old has an 11-18–29 scoring line with a plus-three rating in 86 NHL appearances for the Flames and Flyers over the last three seasons. He also had three goals, 16 assists, and 19 points in 20 games for AHL Calgary last year. The Lightning giving him three years of term acts as an effective deterrent to waiver claims, though, so they’d have that option to try to send him to AHL Syracuse without a ton of risk. Considering they already have 12 forwards on one-way deals for this year, plus top prospect Conor Geekie looking for more NHL ice time, he faces an uphill battle for a roster spot.

Two-Way Deals: 7/1/25

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As major signings come in around the NHL today with the 2025-26 league year beginning, teams are shoring up their minor-league depth as well by signing players to two-way contracts. We’re keeping track of those signings today in this article, which will be continuously updated. Deals are one year unless otherwise noted.

Boston Bruins

F Riley Tufte ($775K NHL) – Ty Anderson of 98.5 The Sports Hub
D Jonathan Aspirot ($775K NHL) – Ty Anderson of 98.5 The Sports Hub
G Luke Cavallin ($775K NHL) – Ty Anderson of 98.5 The Sports Hub

Buffalo Sabres

F Riley Fiddler-Schultz ($865K NHL/$90K SB/$35K PB/$85K AHL) – PuckPedia // two years, entry-level
F Carson Meyer ($775K NHL/$350K AHL Y1 – $375K AHL Y2) – PuckPedia // two years
D Mason Geertsen ($775K NHL/$425K AHL) – Elliotte Friedman of Sportsnet // two years
D Zachary Jones ($900K NHL/$550K AHL) – PuckPedia
D Zach Metsa ($775K NHL/$250K AHL/$325K gt’d) – PuckPedia

Calgary Flames

D Nick Cicek ($775K NHL) – team release

Carolina Hurricanes

G Amir Miftakhov ($775K NHL/$100K AHL/$240K gt’d) – PuckPedia

Chicago Blackhawks

F Dominic Toninato ($850K NHL) – team release // two years

Colorado Avalanche

F T.J. Tynan (unknown) – team release
D Jack Ahcan (unknown) – team release
D Ronald Attard ($775K NHL/$450K AHL/$500K gt’d) – PuckPedia

Columbus Blue Jackets

F Owen Sillinger (unknown) – team release
D Christian Jaros (unknown) – team release

Dallas Stars

D Niilopekka Muhonen (unknown) – team release // three years, entry-level

Edmonton Oilers

D Riley Stillman ($775K NHL/$475K AHL) – PuckPedia // two years
G Matt Tomkins ($775K NHL/$400K AHL/$450 Y2 gt’d) – PuckPedia // two years

Florida Panthers

F Nolan Foote ($775K NHL/$150K AHL/$250K gt’d) – PuckPedia
F Jack Studnicka ($775K NHL/$450K AHL) – Chris Johnston of TSN/The Athletic
G Brandon Bussi ($775K NHL/$400K AHL) – PuckPedia
G Kirill Gerasimyuk (unknown) – team release // two years, entry-level

Los Angeles Kings

F Cole Guttman ($775K NHL/$450K Y1 – $475K Y2 AHL/$475K gt’d Y1 – $500K gt’d Y2) – PuckPedia // two years

Minnesota Wild

F Tyler Pitlick ($775K NHL/$300K Y1 – $350K Y2 AHL/$325K gt’d Y1 – $375K gt’d Y2) – PuckPedia // two years
D Ben Gleason ($800K NHL/$475K AHL) – PuckPedia

Montreal Canadiens

F Alex Belzile (unknown) – team release
D Nathan Clurman ($775K NHL/$125K AHL/$140K gt’d) – PuckPedia

New Jersey Devils

D Calen Addison ($775K NHL/$325K AHL/$400K gt’d) – PuckPedia
F Angus Crookshank ($775K NHL/$425K AHL/$475K gt’d) – PuckPedia // two years, one-way in 2026-27

New York Islanders

F Matthew Highmore (unknown) – team release
D Ethan Bear ($775K NHL/$325K AHL/$425K gt’d) – PuckPedia
D Cole McWard (unknown) – team release

New York Rangers

D Derrick Pouliot ($775K NHL/$400K AHL/$425K gt’d Y1 – $450K gt’d Y2) – PuckPedia // two years

Ottawa Senators

F Wyatt Bongiovanni ($775K NHL/$160K AHL) – PuckPedia
F Olle Lycksell ($775K NHL/$450K AHL/$500K gt’d) – Darren Dreger of TSN

Philadelphia Flyers

F Lane Pederson ($775K NHL/$525K AHL) – PuckPedia

San Jose Sharks

F Jimmy Huntington (unknown) – team release
F Samuel Laberge (unknown) – team release
F Colin White ($775K NHL/$425K AHL/$475K gt’d) – PuckPedia
D Cole Clayton (unknown) – team release

St. Louis Blues

F Matt Luff ($775K NHL/$400K AHL) – PuckPedia

Tampa Bay Lightning

F Nicholas Abruzzese (unknown) – team release
F Tristan Allard (unknown) – team release // two years, entry-level
F Boris Katchouk (unknown) – team release
D Simon Lundmark ($775K NHL/$250K AHL/$350K gt’d) – PuckPedia // two years
G Ryan Fanti ($775K NHL/$80K AHL) – PuckPedia

Utah Mammoth

F Kailer Yamamoto ($775K NHL/$500K AHL) – PuckPedia
D Scott Perunovich ($775K NHL/$400K AHL/$500K gt’d) – PuckPedia

Vancouver Canucks

F Joseph LaBate ($775K NHL/$350K AHL) – PuckPedia
F Mackenzie MacEachern ($775K NHL/$575K AHL) – PuckPedia // two years
D Jimmy Schuldt ($775K NHL/$500K AHL) – PuckPedia // two years

Winnipeg Jets

F Phillip Di Giuseppe ($775K NHL/$450K AHL) – PuckPedia
D Kale Clague (unknown) – Elliotte Friedman of Sportsnet

Lightning To Sign Pontus Holmberg To Two-Year Deal

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The Lightning are picking up forward Pontus Holmberg after he went unqualified by the Maple Leafs yesterday, according to Elliotte Friedman of Sportsnet. It’s a two-year deal worth $1.55MM per season, per Darren Dreger of TSN.

As expected, the Lightning are operating on the fringes of this year’s free agent market. In Holmberg, they have added a candidate with low risk and low reward, who can be easily placed in their bottom six.

Tampa Bay’s front office appears to value Holmberg’s potential for lineup flexibility. He’ll likely slot into a third or fourth‑line role, bringing speed at even strength and depth on the penalty kill. Despite scoring a lowly 19 goals and 49 points through 159 career contests, Holmberg averaged a 92.0% on-ice save percentage at even strength with Toronto.

The Lightning came into the offseason with a mandate to build up the team’s bottom-six, and adding Holmberg certainly helps. It’s an open debate whether he’s earned a consistent spot on the roster over a player like Mitchell Chaffee, but Holmberg could replace him if necessary.

Should Holmberg fail to capitalize during his new two-year agreement with the Lightning, it very well could spell the end of his playing career in North America. It likely wouldn’t take him long to find a landing spot overseas, as Holmberg spent much of his professional career with the SHL’s Växjö Lakers HC before coming to the Maple Leafs organization.

PHR’s Brennan McClain contributed significantly to this article. 

Lightning Re-Sign Gage Goncalves To Two-Year Contract

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According to a team announcement, the Tampa Bay Lightning have re-signed restricted free agent forward Gage Goncalves to a two-year, $2.4MM contract, with an AAV of $1.2MM.

Goncalves did well in his first real opportunity with the Lightning last season. Typically in a bottom-six role, Goncalves scored eight goals and 20 points in 60 contests, averaging 12:48 of ice time per game. Even in limited action and ice time, Goncalves’ physicality came through, finishing eighth on the team in hits with 71 checks.

A natural winger, he’s expected to remain in a similar role with the Lightning next season, making this a fair contract for both sides. Goncalves could theoretically move up the lineup in case of injury. Still, he doesn’t represent a better option than any of Tampa Bay’s other available wingers when the team is healthy.

Fortunately for the Lightning, the deal will keep Goncalves in Florida until his age-26 season, and they’ll still have another year of team control when Goncalves becomes a restricted free agent after the 2026-27 season. He’ll become eligible for arbitration when that time comes.

Given their lack of available cap space this offseason, the best path forward for the Lightning was retaining Goncalves, rather than finding someone to replace him in the team’s bottom six. He had fairly quality possession metrics with a 50.4% CorsiFor%, and held his own in the defensive zone with a 92.2% on-ice save percentage at even strength.

PHR’s Brennan McClain contributed significantly to this article. 

Lightning, Conor Sheary To Mutually Terminate Contract

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June 30: Sheary has cleared unconditional waivers and will have his contract terminated, per Friedman.

June 29: Lightning winger Conor Sheary hit unconditional waivers Sunday after asking for a contract termination, Elliotte Friedman of Sportsnet reports.

While it may initially come across as a favor done by Sheary to the Lightning to not force the team to buy out the final season of his contract at a $2MM cap hit, it’s not that cut and dry. Sheary was due $1.5MM in base salary for 2025-26, which would have resulted in a $503K cap hit for the Lightning in each of the next two seasons if he was bought out. That’s barely any cap savings compared to if they buried Sheary in the minors (a cap hit of $850K), so they likely would have pursued that option instead of being on the hook for an additional season with a buyout.

Sheary, understandably, desires a chance to crack an NHL roster and wasn’t particularly amenable to that solution. Instead, he’ll walk away from $1.5MM in guaranteed money and become an unrestricted free agent while the Lightning clear his cap impact from next season’s books completely. In return, Sheary gets the chance to return to a full-time NHL role next season.

The 33-year-old has been a rare free-agent bust for Tampa general manager Julien BriseBois. He was signed to a three-year, $6MM contract in 2023 in the hopes that the diminutive winger could provide some affordable depth scoring and perhaps even flex into a top-six role. Instead, Sheary was relegated to the press box by the end of 2023-24 and spent most of this past season on assignment to AHL Syracuse after clearing waivers a few weeks into the campaign.

Sheary ends his two-year run in Tampa with a 4-11–15 scoring line in 62 games, logging a minus-five rating while averaging 11:07 of ice time per game. Only five of those appearances came this season, and he didn’t record a point in any of them. The veteran of nearly 600 NHL games took his minor-league assignments in stride and was an extremely important player for Syracuse, ranking among the AHL’s top producers with 61 points (20 G, 41 A) and a +15 rating in 59 games.

That showing demonstrated the Massachusetts native may still have the chops to be a third-line scoring piece at the NHL level, even if the fit in Tampa wasn’t a good one for whatever reason. Even with his recent poor run of production, he still averages 17 goals and 37 points per 82 games over his NHL career. That’s a resume a scoring-needy team will take a flyer on, even if he isn’t in a position to command much more than a league minimum salary. His two Stanley Cup rings with the Penguins in 2016 and 2017 will certainly help his case, too.

Once Sheary’s contract officially comes off the Lightning’s books tomorrow, the Bolts will have nearly $5.5MM in cap space with four open roster spots to fill, according to PuckPedia. Their only notable RFA to re-sign is forward Gage Goncalves, who AFP Analytics projects will land a one-year deal at $1.2MM. That leaves a roughly $4MM budget for Tuesday’s free agent frenzy, in which they’ll look to add a few depth skaters, considering no core pieces are on expiring deals.

Image courtesy of Kim Klement Neitzel-Imagn Images.

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