NHL Signings & Free Agents

Chicago has signed Dominic Toninato to a two-year, $1.7 million contract ($850,000 AAV).

Toninato played 77 games with the Winnipeg Jets in the 2021-22 season, scoring 14 points (7G / 7A), but only played 25 combined NHL games over the next three seasons. The 31-year-old scored 36 points (18G / 18A) in 60 games with the Manitoba Moose (AHL) last season and will hope for a more prominent NHL role in 2025-26 with the Chicago Blackhawks.

Dominic Toninato
Columbus has signed Isac Lundestrom to a two-year contract worth $1.3 million AAV ($2.6M total).

Lundestrom was a first-round pick of the Anaheim Ducks in the 2018 NHL Entry Draft. The 25-year-old forward spent the first seven seasons of his NHL career with the Anaheim Ducks and will have a change of scenery in 2025-26, joining the Columbus Blue Jackets on a two-year contract worth $1.3 million. He has 84 points (35G / 49A) in 337 career games.

Isac Lundestrom
Utah has signed Vitek Vanecek to a one-year, $1.5 million contract.

Vanecek joined the Florida Panthers and the trade deadline last season and served as the backup to Sergei Bobrovsky during the run to a Stanley Cup Championship. The 29-year-old Czech goalie has battled consistency over the previous few seasons and will hope to emerge as a reliable option for the Utah Mammoth in 2025-25.

Vitek Vanecek
San Jose has signed Adam Gaudette to a two-year contract worth $2 million AAV ($4M total).

Gaudette played a career-high 81 games last season and scored a career-high 19 goals with the Ottawa Senators. The 28-year-old has split most of his career alternating between the AHL and NHL and will hope to continue a trend from last year, playing as an NHL regular in the 2025-26 season.

Adam Gaudette
Vegas has signed Jaycob Megna to a two-year, $1.6 million contract ($800,000 AAV).

Megna has played 193 career NHL games but spent most of the 2024-25 season in the AHL. The 32-year-old defenseman scored 16 points (2G / 14A) in 62 games with the Charlotte Checkers (AHL). He provides the Vegas Golden Knights with depth at the defence position after signing a two-year deal worth $800K AAV.

Jaycob Megna
The Ducks have signed Mikael Granlund to a three-year contract worth $7.0M AAV ($21.0M total).

The Dallas Stars were reportedly interested in bringing Granlund back after meshing with the team after joining before the trade deadline. However, the Stars were not able to match the $7 million AAV, three-year contract from the Anaheim Ducks. Granlund provides some depth at the center position after losing Trevor Zegras in a trade last week. The 33-year-old Granlund had 66 points (22G / 44A) in 80 games last season.

Mikael Granlund
The Lightning have signed Pontus Holmberg to a two-year deal worth $1.55M AAV ($3.1M total).

Holmberg was a sixth-round pick of the Toronto Maple Leafs in the 2018 NHL Entry Draft. The 26-year-old had spent his entire career with the Maple Leafs organization, including scoring 49 points (19G / 30A) in 159 career games. He joins the Tampa Bay Lightning on a two-year deal worth $1.55 million AAV and will add some depth to their bottom-six forward group.

Pontus Holmberg
Pittsburgh has signed Philip Tomasino to a one-year, $1.75 contract.

Tomasino was the Nashville Predator's 24th overall pick in the 2019 NHL Entry Draft but was traded to the Pittsburgh Penguins early in the 2024-25 season. He scored 23 points (11G / 12A) in 50 games with the Penguins, earning himself a one-year contract extension worth $1.75 million.

Philip Tomasino
The Senators have signed Lars Eller to a one-year deal worth $1.25M.

Eller will enter his 17th NHL season with a new team, the sixth of his career, after signing a one-year contract worth $1.25 million with the Senators. The 36-year-old Eller split the 2024-25 season between the Washington Capitals and Pittsburgh Penguins, scoring 22 points (10G / 12A) in 80 games.

Lars Eller
The Rangers have signed Justin Dowling to a two-year, $1.55 million contract ($775,000 AAV).

Dowling played a career-high 52 games with the New Jersey Devils last season, scoring seven points (2G / 5A). The 34-year-old forward has played 152 career games and will likely continue his role as a depth forward, battling for lineup deployment with the Rangers.

Justin Dowling
Buffalo has signed Tyson Kozak to a three-year contract worth $775,000 AAV ($2.325 Million total).

Kozak made his NHL debut with the Sabres last season, scoring five points (3G / 2A) in 21 games. The 22-year-old Kozak was drafted in the seventh round in the 2021 NHL Entry Draft by the Sabres. He remains with the team on a three-year deal worth $775K AAV.

Tyson Kozak
Buffalo has signed Justin Danforth to a two-year deal worth $1.8 million AAV ($3.6M total).

Danforth is an undrafted 32-year-old forward who did not make his NHL debut until the 2021-22 season, playing most of the three seasons since at the NHL level with the Columbus Blue Jackets. He scored 21 points (9G / 12A) in 61 games last season with the Blue Jackets.

Justin Danforth
Minnesota has signed Nico Sturm to a two-year, $4 million contract ($2 million AAV).

Sturm joined the Florida Panthers before the trade deadline last season and played eight games in the postseason en route to a Stanley Cup. The 29-year-old Sturm has 92 points (46G / 46A) in 331 career games and will return to the Minnesota Wild after playing four seasons with them to begin his career.

Nico Sturm
San Jose has signed John Klingberg to a one-year, $4 million contract.

After not playing professional hockey for over a year due to injuries, Klingberg signed with the Edmonton Oilers late in the 2024-25 campaign. He recorded four points (1G / 3A) in 11 games with the Oilers and four points (1G / 3A) in 19 postseason games. The 32-year-old Klingberg isn't far removed from being one of the league's elite powerplay quarterbacks. He scored a career-high 67 points (8G / 59A) in 82 games with the Dallas Stars in the 2017-18 season.

John Klingberg
San Jose has signed Philipp Kurashev to a one-year, $1.2 million contract.

After five seasons in Chicago, Philipp Kurashev has joined the San Jose Sharks on a one-year, $1.2 million contract. The 25-year-old Swish center broke out in 2023-24 with 18 goals and 54 points but regressed to his career norms in 2024-25 with only seven goals and 14 points in 51 games played.

Philipp Kurashev
Buffalo has signed Alex Lyon to a two-year, $3 million contract ($1.5 million AAV).

Buffalo made its first move of Free Agency on Tuesday by bringing in backup goaltender Alex Lyon on a two-year, $3 million contract ($1.5 million AAV). The 32-year-old undrafted netminder had spent the last two seasons in Detroit, appearing in 70 games combined and had a 14-9-1 record, 2.81 GAA and .896 SV% last season.

Alex Lyon
Pittsburgh has signed Connor Dewar to a one-year, $1.1 million contract extension.

Pittsburgh will bring back a familiar face on Day 1 of free agency by signing Connor Dewar to a one-year contract extension. The 26-year-old forward came to Pittsburgh at last year's trade deadline and finished the season with four goals and 10 points in 48 games played between Toronto and Pittsburgh. He is expected to fill a bottom-six role much like he did last season after being acquired.

Connor Dewar
Seattle has signed Matt Murray to a one-year, $1 million contract.

Seattle has added a third netminder to their goaltending carousel after signing Matt Murray to a one-year, $1 million contract. Murray, 31, was once a Conn Smythe winner with Pittsburgh in 2015-16 but has since gone through multiple surgeries. He struggled while appearing in only two games for Toronto in 2024-25 but excelled in the AHL with the Marlies, posting a .934 Sv%, 1.72 GAA and 10-5-6 record.

Matt Murray

NHL Free Agents: Best Available Players in 2025

Once the dust settles on the Stanley Cup Final, the NHL offseason officially commences as the latest wave of free agents hit the market as teams and players alike reevaluate their current situation and plot their next steps toward success.

With a plethora of talent up for grabs every summer, Stanley Cup contenders can be formed as well as broken up through free agency. With NHL signings going down at a breakneck pace throughout the opening days of free agency, we’ll keep you in the loop with our 2025 NHL free agency tracker. You can find all of the latest NHL signings of the free agency period as players switch teams, sign extensions, and change the outlook of the league with a single decision.

Whether you’re a diehard fan of your favourite team and are looking to stay up to date with every move made by the front office, or are an avid daily fantasy sports bettor that wants to prep for their wagers, our NHL free agency tracker is the best destination for all your free agent market news.

Types of Free Agent Markets

Each NHL free agent holds their own unique distinction when signing with a team. These distinctions are made based on a number of factors including age, NHL experience, as well as their current contract situation. NHL free agents are divided by restricted and unrestricted free agents, with each classification of player holding varying rights, including how teams are able to offer them contracts, and the results of receiving an offer.

Below, we take a deep dive into each type of NHL free agent so you can get a thorough understanding of each free agent market type, how they are able to sign with teams, and the possible outcomes from each offseason acquisition.

Restricted Free Agents

A restricted NHL free agent (RFA) is a player that is either under the age of 27 or has been in the NHL for less than seven seasons. Teams hold a form of protection over their restricted free agents, providing them with a sort of insurance if their RFA decides to sign with a new team.

While restricted free agents are technically eligible to sign a new contract with different teams, the process can become messy if a team other than their original squad makes them an offer and they accept. Restricted free agents are only able to sign a standard NHL contract with the team that currently owns the players rights, all other squads must submit an offer sheet if they want to lure away a player from their team. If an offer sheet is made to an RFA, the team who holds the players rights will be left with the option to either match the offer made to their player, or allow the player to sign with the team that made the offer sheet, in return receiving draft compensation depending on the value of the contract offered.

Qualifying Offers

In order for a team to retain a player’s rights heading into the free agency period, they must make a qualifying offer to the player. These offers are in the form of a one-year contract, with the amount offered being formulated depending on the value of their previous contract.

For any player who was on a deal worth $660,000 or less, the qualifying offer they receive must be worth 110% the amount of their previous season’s salary. For a player making between $660,000 and $1,000,000, they must be offered 105% their previous seasons salary. Finally, if a player was making more than $1 million in their previous year of duty, their team must offer them 100% of their previous season’s salary.

These offers are not final and players are eligible to receive greater or lesser valued contracts from the team that holds their rights once free agency begins. Players who reject qualifying offers remain restricted free agents.

Non-Qualified RFAs

If a team decides to not submit a qualifying offer to a restricted free agent on their roster, all non-qualified RFAs instantly become free agents and are welcome to sign contracts with any team come July 1st.

Unrestricted Free Agents

The other form of NHL free agent is the unrestricted free agent (UFA). UFAs have the right to sign their next deal with any team without restriction, as long as the offer they sign complies with league salary cap mandates and rules. Unrestricted free agents are truly what can shake up the free agent market, with many of the leagues top stars entering into the offseason as UFAs.

There are multiple forms of unrestricted free agents, each with their own unique classifications, but don’t necessarily affect the potential value of the contracts offered to them in the offseason. Below are two of the most common UFAs.

Group 3 UFAs

Common among NHL veterans, Group 3 comprises players entering free agency that are 27 or older, or have played in the NHL for more than seven accrued seasons. An accrued season is defined as a season in which a player has suited up for action on an NHL roster in at least 40 games (30 for goalies). Any player that fits this criteria will become an unrestricted free agent once their contract expires in the following offseason.

Group 6 UFAs

Another way that players can become an unrestricted free agent is by being 25 years of age or older and to have played three or more professional hockey seasons under an NHL contract (AHL, ECHL, Europe), but played in less than 80 NHL games (28 for goalies) in their career. Often, Group 6 unrestricted free agents are developing players that, for one reason or another, have not had the chance to crack into an NHL lineup, but still possess experience as a high-level player. There is no difference in the rights of Group 3 and Group 6 unrestricted free agents, but typically the latter will receive smaller contracts, both in terms of value as well as in duration.

Undrafted UFAs

The final way that a player may enter into free agency as an unrestricted free agent is by going undrafted in their three years of draft eligibility. If a player is not selected by an NHL franchise through the draft they are still eligible to crack into a final roster as a free agent.

NHL Free Agency FAQs

Who are the top NHL free agents in 2025?

Some of the top NHL free agents available this summer are Mitch Marner, Mikko Rantanen, Aaron Ekblad, Nikolaj Ehlers, John Tavares, Brock Boeser, Brad Marchand and Linus Ullmark.

This offseason will bring a stacked crop of free agents to the market that will shape the landscape of the 2025-26 NHL season. Not only will the final landing spots for each of the top 2025 NHL free agents shake up the framework of the league, but will also have major implications on the upcoming fantasy hockey season. Be sure to stay in the know in regard to the latest free agency updates with our NHL player news.

What time does free agency start?

On July 1st, 2025, at 12 PM EST, the 2025 NHL free agency period officially opens. While some players will have all but signed the dotted line up to this point, nothing can become official until noon on Canada Day.