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Maple Leafs Reassign Marshall Rifai, Henry Thrun

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Dec. 29th: According to Frank Seravalli, Rifai has made it through waivers unscathed. Although an official update has yet to come from the Maple Leafs, it’s expected that Rifai will be reassigned to AHL Toronto at some point today.

Dec. 28th: The Maple Leafs placed defenseman Marshall Rifai on waivers for the purpose of assignment to AHL Toronto on Sunday, Elliotte Friedman of Sportsnet reports. Earlier in the day, the club also announced it’d reassigned defenseman Henry Thrun to the AHL.

Rifai has been on long-term injured reserve since the beginning of the campaign after requiring wrist surgery as a result of a preseason injury. He began skating earlier this month and was initially assigned to the AHL on a long-term injury conditioning stint on Dec. 18, a move that does not require waivers. Now that the roster freeze has lifted, though, the Leafs had to either activate him today or initiate waiver proceedings.

While his conditioning stint began over a week ago, his only appearance came just yesterday against the Utica Comets. The 27-year-old lefty took a minor penalty and had a +1 rating with one shot on goal.

The 6’2″, 211-lb Rifai is now in his fourth season with the Leafs organization. Signed as an undrafted free agent out of Harvard in 2022, he quickly impressed in the minors as a high-end physical shutdown piece and made his NHL debut in 2023-24.

Despite signing a two-year, one-way, $1.55MM extension last year, those two NHL games back in February 2024 stand as the only ones on his career ledger. He’s slotted anywhere between No. 8 and 10 on Toronto’s organizational defensive depth chart for a few years now and has been recalled on multiple occasions to serve as a healthy extra when needed, but it hasn’t resulted in much playing time.

With an excess of left shots on the Leafs’ roster, the path to NHL playing time won’t get much wider for Rifai anytime soon, either. Instead, the Quebec native will look to get his feet under him this season in a familiar AHL environment.

As for Thrun, his demotion is long overdue. Toronto had been operating over the roster limit since activating Chris Tanev from injured reserve on Tuesday. With the freeze lifted today, they can get back to 23 players by returning Thrun to the Marlies.

Acquired from the Sharks last summer for Ryan Reaves, Thrun passed through waivers at the beginning of the year and remained with the AHL club until Dec. 10, when the Leafs summoned him in place of the injured Dakota Mermis. He played in four straight to begin his recall before being scratched for Toronto’s last four. In his stint in the lineup, he posted a -1 rating while averaging 14:52 per game.

Penguins Activate Blake Lizotte, Reassign Danton Heinen

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Dec. 29th: Seth Rorabaugh of the Tribune-Review reports that Heinen has cleared waivers and has been reassigned to AHL Wilkes-Barre/Scranton.

Dec. 28th: The Penguins announced they’ve activated center Blake Lizotte from injured reserve and placed winger Danton Heinen on waivers in the corresponding move. Since Heinen’s waiver placement comes in conjunction with an IR activation, he can be designated non-roster until tomorrow while he’s on the wire to open a roster spot.

Lizotte has been listed as day-to-day with an upper-body injury for the past few weeks. He last played on Dec. 7 against the Stars, then was placed on IR two days later.

The 28-year-old was a pleasant surprise for the Pens last year after inking a two-year, $3.7MM deal in free agency. In 59 appearances, he tied his career high in goals (11) and won 51.2% of his draws while averaging 12:43 of ice time per game.

That offensive production hasn’t quite carried over into this year, but the high-energy pivot has still scored five points in 27 games while serving as part of one of the league’s better checking lines. His unit with Noel Acciari and Connor Dewar may not generate much offensively, but they’ve limited opponents to just 2.10 goals against per 60 minutes at 5-on-5.

Lizotte and Dewar also comprise Pittsburgh’s top penalty kill unit. He’s been a big part of a respectable shorthanded complement that clicks at 81.1%, 14th in the league.

Meanwhile, Heinen lands on the waiver wire for the second time this season. The veteran of 579 NHL games was a surprising cut from Penguins training camp and, as expected, cleared without incident, given his $2.25MM cap hit.

The versatile 30-year-old won’t be happy with today’s news, though. He’s been outright dominant in the AHL, rattling off 17 points in 12 games for Wilkes-Barre/Scranton. He’s gotten a few recalls throughout the year, and although he’s been a healthy scratch in three straight, he’s gotten into 13 NHL contests for Pittsburgh with a goal and an assist.

Heinen’s high cap hit remains a likely deterrent for a claim, but given his minor-league production, it stands to reason he can still be a fourth-line piece at worst on more than a few teams. With a base salary of $775K this season – most of his money was paid out via a preseason signing bonus – he wouldn’t be walking away from much if he refused to report to WBS and triggered a contract termination. That would allow him to catch on with another team down the stretch on a new deal with a lower cap impact.

Mammoth’s Juuso Valimaki Clears Waivers, Assigned To AHL

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Dec. 29th: According to a team announcement, Välimäki has successfully cleared waivers and has been reassigned to AHL Tucson.

Dec. 28th: The Mammoth announced Sunday they’ve placed defenseman Juuso Välimäki on waivers for the purposes of assignment to AHL Tucson.

Välimäki, 27, has been IR-bound for the entire season and then some. The former Flames first-rounder played 43 games for Utah last year before being waived and reassigned to Tucson in January. Weeks later, he sustained a season-ending ACL tear and was given an eight-to-nine-month recovery timeline. Given the surgery was in early March, he ended up missing that target by a couple of weeks.

As expected, he won’t stick around with the Mammoth after being medically cleared. He struggled to hold onto a bottom-pairing job in Salt Lake last year, averaging 16:33 per contest while being limited to a 2-3–5 scoring line and a -5 rating.

The 6’2″, 201-lb lefty will be an unrestricted free agent next summer after inking a two-year, $4.4MM extension with Utah in 2024. That deal came after Välimäki had put up back-to-back solid bodies of work in top-four minutes for the Coyotes, notching 51 points and a +2 rating in 146 appearances from 2022-24 while averaging 18:36 per game.

When Välimäki got pushed down the depth chart thanks to the additions of Mikhail Sergachev, John Marino, and Ian Cole before Utah’s inaugural season, his performance no longer justified his cap hit. While he’s been costing $2MM against the Mammoth’s picture while on IR, his cap impact will drop to $850K if he clears waivers and is reassigned to Tucson.

Islanders’ Ethan Bear Clears Waivers

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Dec. 29th: Insider Frank Seravalli reported that Bear has successfully cleared waivers and can be safely reassigned to AHL Bridgeport.

Dec. 28th: The New York Islanders have placed depth defenseman Ethan Bear on waivers per Sportsnet’s Elliotte Friedman. Bear began the year on season-opening injured reserve with an upper-body injury. His waiver placement serves as a strong indication that Bear has fully recovered from that injury. Should he clear, he will likely be assigned to the AHL’s Bridgeport Islanders.

Bear spent the entirety of last season with the AHL’s Hershey Bears. It was his first full AHL season since 2018-19 and he took full advantage of the lighter competition. Bear, who had struggled in the NHL for a few years in a row, led Hershey in scoring with 46 points in 62 games last season. The performance was the most a Hershey defenseman has scored since Aaron Ness scored 55 points in the 2018-19 season.

It is too late into Bear’s career to call his AHL season a breakout year – but it went far in solidifying the role he offered an NHL team. He’s stood out as a top-end offensive-defenseman in the minor-leagues, who can offer serviceable, bottom-pair impact with an NHL club. That standing lines up with Bear’s career stat line. He has recorded 67 points and 112 penalty minutes in 275 NHL games, to go with 95 points and 76 penalty minutes in 151 AHL games.

The Islanders will look to add that puck-moving ability to the top of Bridgeport’s lineup with this move. Bridgeport has struggled to win this season. They are currently ranked dead-last in the Atlantic Division and have been outscored by a combined 82-to-94. Bear won’t buoy the team’s defense, but his offensive talent should remove some responsibility from more well-rounded defenders Marshall Warren and Cole McWard.

Hurricanes Claim Noah Philp Off Waivers, Reassign Bradly Nadeau

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According to Sportsnet’s Elliotte Friedman, the Carolina Hurricanes claimed center Noah Philp off waivers from the Edmonton Oilers. The Hurricanes shared that they’ve reassigned forward Bradly Nadeau in a corresponding roster move.

Interestingly enough, Friedman reported this morning on 32 Thoughts that this could be coming down the pipeline for Philp. Friedman suggested that multiple teams had contacted the Oilers regarding Philp. It stands to reason that the Hurricanes were one of those teams.

It would have been much easier for Edmonton to trade Philp after he had cleared waivers, given that he wouldn’t have to be waived again for some time if a team was wishing to stash him in the AHL. Given that the Hurricanes claimed him today, they’ll need to attempt to pass Philp through waivers again should they try to reassign him to the AHL’s Chicago Wolves.

Regardless, Philp will have a new opportunity in Carolina for the time being, though it’s not clear where exactly he fits into the lineup. Seth Jarvis is currently the only injured forward on the team, and there’s little chance of Philp taking a hold of a first-line role.

Realistically, if the Hurricanes want him in a consistent role, Philp will take over for Jesperi Kotkaniemi or Mark Jankowski, each of whom has disappointed throughout the season. Philp doesn’t have much experience to fall back on, though, scoring two goals and five points across 30 games in Edmonton.

Still, his relatively large frame and respectable output in the AHL likely inspired Carolina to take a flyer on him. Despite briefly retiring for the 2023-24 season, Philp owns a 38-34-72 scoring line in 130 AHL contests.

Meanwhile, Nadeau returns to AHL Chicago after being recalled to replace Jarvis on the active roster. The 20-year-old winger played in two games for the Hurricanes throughout the recall, scoring one goal while averaging 13:54 of ice time per game.

Mammoth Recall Matt Villalta, Place Karel Vejmelka On IR

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The Utah Mammoth announced that they’ve placed netminder Karel Vejmelka on the injured reserve with an upper-body injury, retroactive to December 23. In a corresponding roster move, the Mammoth have recalled Matt Villalta from the AHL’s Tucson Roadrunners.

Due to the holiday break last week, Vejmelka, 29, will only miss two games at a minimum. There’s no indication that the injury is severe, meaning he could be activated from the IR as early as tomorrow, and could return to the starting role as early as New Year’s Day against the New York Islanders.

The Mammoth have expectedly relied on Vejmelka for much of the regular season as the five-year netminder has started in approximately 75% of the team’s games up to this point. Still, Vejmelka has fallen short of the performance he achieved last season.

During the 2024-25 campaign, Vejmelka managed a 26-22-8 record in 58 games with a .904 SV% and 2.58 GAA. According to Moneypuck, at even strength, Vejmelka finished ninth among qualified goaltenders in Goals Saved Above Expected (GSAx) with a 16.8 mark, earning a five-year, $23.75MM extension with Utah toward the end of the year.

Unfortunately, he has reverted to his previous form for the first half of the 2025-26 season. Vejmelka has earned a 16-10-2 record through 29 games this year with a .894 SV% and 2.70. Of netminders that have appeared in 10 or more games, Vejmelka is 48th in the league for GSAx, two spots behind backup netminder Vítek Vaněček. Hopefully, with the holiday break and the light schedule through the end of the week, Vejmelka can use this time to rest and recover in an effort to find last season’s form.

Meanwhile, Villalta joins the Mammoth for the first time this year. The 26-year-old netminder is in his third year with the organization, spending the majority of his time with AHL Tucson. In 15 games this season, Villalta owns a 9-5-1 record with a .903 SV% and 2.94 GAA. His most recent NHL appearance came on April 14th of last season, securing a win against the Nashville Predators after stopping 28 of 31 shots.

Ottawa Senators Recall Hunter Shepard

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As expected, the Ottawa Senators have recalled an additional netminder with Linus Ullmark taking an indefinite leave of absence for personal reasons. The Senators announced that they’ve recalled Hunter Shepard from the AHL’s Belleville Senators.

Shepard, 30, was the obvious choice for a recall with Ullmark out. The two-time Calder Cup champion and two-time National champion is in his first year with the Senators organization after signing a one-year, league minimum contract last summer.

He hasn’t dominated the AHL as he has in years past with the Hershey Bears, though he’s clearly been the best option in Belleville. In 11 games this season, Shepard has a 5-5-1 record with a .905 SV% and 3.16 GAA. By contrast, his tandem partner, Mads Søgaard, has a 2-6-3 record in 13 games with a .885 SV% and 3.47 GAA.

Still, despite his past accomplishments in the NCAA and AHL, Shepard lacks the same level of experience in the NHL as Søgaard does. Depending on how long Ullmark will miss, it’s unrealistic to think the Senators will start Leevi Merilainen for every game. The Senators have a particularly busy schedule coming up, with 10 games in 19 days beginning today against the Columbus Blue Jackets.

Regardless, if Shepard does feature in a game for Ottawa, it’ll be his first NHL appearance since the end of last season. It would be difficult for him to fare any worse than he did in that contest, allowing seven goals on 26 shots against the Blue Jackets.

Senators Reassign Xavier Bourgault And Dennis Gilbert

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Dec. 29th: After Ottawa’s loss to the Maple Leafs, the team quietly moved Bourgault and Gilbert back to AHL Belleville, according to the AHL transactions log. Neither player participated in last night’s contest against the Utica Comets, so they won’t be eligible for an additional recall until after the new year.

Dec. 27th: The Senators have made a pair of roster moves coming out of the holiday break to give them some extra depth.  The team announced that they’ve recalled forward Xavier Bourgault and defenseman Dennis Gilbert from AHL Belleville.  To make room for them on the roster, center Lars Eller was moved to injured reserve.

This is the first regular season recall of Bourgault’s career (though he has been brought up as a Black Ace in the playoffs before).  The 23-year-old was a first-round pick by Edmonton back in 2021, going 22nd overall but has played exclusively in the AHL since turning pro in 2022.  Ottawa acquired him back in the 2024 offseason.

Bourgault has been quite productive with Belleville to earn this promotion.  In 32 games this season, he has nine goals and 18 assists, including ten helpers in his last nine outings.  As a result, he has already surpassed his output from last season when he had 26 points in 61 contests.  He’s expected to make his NHL debut against Toronto tonight with the team announcing (Twitter link) that Bourgault is expected to slot in on the fourth line.

Gilbert, meanwhile, gets his second recall after being acquired from Philadelphia earlier this season.  He got into one game on that first stint, his only taste of action at the top level in 2025-26 though he was injured for most of the season.  Between Belleville and AHL Lehigh Valley, the 30-year-old has six assists in 13 games.

West Notes: Jiricek, Morrissey, Pospisil

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The Minnesota Wild have made a change to their defensive core ahead of tomorrow’s matchup against the Vegas Golden Knights. The Wild announced that they’ve reassigned defenseman David Jiříček to the AHL’s Iowa Wild.

It’s the third time the former sixth overall pick has been demoted this season. Jiříček, 22, has played in 18 games for the Wild this season in a depth role, going scoreless while averaging 12:08 of ice time per game. He’s fared somewhat better with AHL Iowa, scoring one goal and three points in 10 games with a -6 rating.

Still, his demotion may come with some good news. Yesterday, Michael Russo of The Athletic suggested that defenseman Daemon Hunt, who’s been rehabbing an undisclosed injury for the last few weeks, is expected to rejoin the team at some point during their current road trip. Regardless, Minnesota still has seven healthy defensemen on the active roster.

Other notes from the Western Conference:

  • The Winnipeg Jets are dealing with some injury concerns to a significant player from last night’s loss to the Wild. According to analyst Mitchell Clinton, defenseman Josh Morrissey is considered day-to-day after taking a high hit last night. The Jets’ next game is tomorrow against the Edmonton Oilers, and Morrissey’s status for that contest is very much in question.
  • A recent 20-assist forward may return to the Calgary Flames relatively soon. Earlier today, Wes Gilberton of Postmedia reported that Martin Pospisil has resumed skating and is hoping to return shortly after the new year. Pospisil, who scored four goals and 25 points in 81 games for the Flames last season, has yet to play this year after suffering an undisclosed injury during preseason action.

Lightning Sign J.J. Moser To Eight-Year Extension

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Dec. 28th: PuckPedia provided the yearly breakdown of Moser’s new extension:

  • 2026-27: $881K salary, $7.9MM signing bonus
  • 2027-28: $1.381MM salary, $7.4MM signing bonus, full no-trade clause
  • 2028-29: $8.777MM salary, full no-trade clause
  • 2029-30: $6.584MM salary, full no-trade clause
  • 2030-31: $5.27MM salary, 16-team no-trade clause
  • 2031-32: $4.269MM salary, $1MM signing bonus, 16-team no-trade clause
  • 2032-33: $4.269MM salary, $1MM signing bonus, 16-team no-trade clause
  • 2033-34: $4.269MM salary, $1MM signing bonus, 16-team no-trade clause

Dec. 27th: The Tampa Bay Lightning have locked in one of their best defensemen from this season. According to Sportsnet’s Elliotte Friedman, the Lightning are closing in on an eight-year, $54MM ($6.75MM AAV) extension with J.J. Moser. Tampa Bay confirmed the extension a few moments later.

Moser, 25, is in his second year with Tampa Bay after being one of the pieces brought back in the trade that sent defenseman Mikhail Sergachev to Salt Lake City two summers ago. He was headed toward restricted free agency after this season, with arbitration rights, but will now wait until after the 2033-34 season to sign his next deal.

The Biel, Switzerland native has gotten much more attention this year, largely due to the number of injuries the Lightning have dealt with on their blue line. He’s scored three goals and 12 points in 34 games, equating to the second-best performance of his career on an 82-game basis.

Still, despite his boxcar stats being somewhat mediocre, they don’t come close to painting the whole picture regarding Moser’s value.

His even-strength metrics are some of the best in the league and are in most categories. He’s managed a 57.8% CorsiFor% and 94.6% on-ice save percentage throughout the year, both of which are first on the team among defensemen by a significant margin.

Additionally, according to MoneyPuck, out of the 218 defensemen that have played over 200 minutes this season, Moser is first in the league in on-ice Goals% with a 73.8% mark. Cale Makar, who is again the favorite for the Norris Trophy, is in second place with a 72.7% output.

That level of performance made an extension a priority for General Manager Julien BriseBois in Tampa Bay. Moving forward with Moser locked in, the Lightning have the combination of Victor Hedman and Ryan McDonagh signed through the 2028-29 season, and Erik Černák locked in through the 2030-31 campaign.

If Moser can continue his current level of productivity, even if only for the next few years, this contract will quickly become a bargain if it isn’t already. Assuming the upper limit of the salary cap remains relatively similar to the projections, Moser’s contract will account for 6.49% of the salary cap next season and will drop to 5.94% by the second year of the deal.

Given that Tampa Bay didn’t attempt to line up Moser’s contract to expire alongside another blue liner, as they did with Hedman and McDonagh, it’s clear that the Lightning have high expectations for him moving forward.

Photo courtesy of Brad Penner-Imagn Images. 

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