NHL Hockey Player News

The Sabres have signed Dalton Smith to a one-year, two-way contract.

Smith has been with the Rochester Americans on an AHL contract but gets an NHL deal after picking up four points (1G / 3A) and 27 PIMS in 21 games this season. The 6-foot-2, 217 lbs. winger has had 100-plus PIMS in back-to-back seasons and brings some ruggedness to the list of potential call-ups.

Dalton Smith
The Penguins have signed Stefan Noesen to a one-year, two-way contract.

Noesen opened the season without an NHL contract but was playing in Wilkes-Barre/Scranton (AHL) and is leading the team in goals (14) and is tied for the team-lead in points (22). With injuries continuing to mount in Pittsburgh, Noesen could get another NHL shot soon.

Stefan Noesen
The Blues signed Troy Brouwer to a one-year, two-way deal.

Brouwer was in St. Louis on a PTO but with Sammy Blais going down for at least 10 weeks, they elected to sign the veteran winger to a one-year deal. Brouwer was last with the Florida Panthers, where he had 12 goals and nine assists (21 points) in 75 games in 2018-19.

Troy Brouwer
The Golden Knights have signed Peyton Krebs to a three-year, entry-level contract.

Krebs was selected with the No.17 overall pick in this summer's draft. He tore his Achilles in June and recently started skating with the Golden Knights and inked his entry-level contract on Saturday afternoon. The 18-year-old had 68 points (19G / 49A) in 64 games with the Kootenay Ice (WHL), who he'll likely end up with when he's 100 percent healthy.

Peyton Krebs
The Blackhawks have signed Alec Regula to a three-year, entry-level contract.

Regula, who was acquired from the Red Wings for Brendan Perlini, has enjoyed a great start to the 2019-20 season. He has been paired with Ryan Merkley on the London Knights (OHL) first pair is currently fifth on the team with 15 points (7G / 8A) in 14 games.

Alec Regula
The Predators have signed Roman Josi to an eight-year contract worth $72.472 million ($9.059M AAV).

Josi was in the final year of his seven-year deal that carried a $4.0M AAV cap-hit. Josi will go from being one of the biggest bargains to the third-highest paid defenseman when his new contract kicks in. Josi is currently tied for second among defensemen in points with 13 (5G / 8A) in 11 games.

Roman Josi
The Panthers signed Brian Boyle to a one-year, one-way contract.

Boyle has bounced around the NHL in recent years, playing for the Lightning, Maple Leafs, Devils and Rangers in the last three seasons. Boyle split last year between New Jersey and Nashville and finished the season with 18 goals and six assists (24 points) in 73 games. With Henrik Borgstrom going back to the AHL, Boyle figures to play a bottom-6 role with his new squad.

Brian Boyle
The Flyers have signed Chris Stewart to a one-year, one-way contract worth $750K.

Stewart last played in the NHL in 2017-18, where he had three points (1G / 2A) in seven games with the Flames. He spent last year playing with the Nottingham Panthers in England, scoring six goals with seven assists (13 points) in 23 games.

Chris Stewart
The Sharks have signed Patrick Marleau to a one-year deal worth $700K.

In his 21st NHL season, Marleau had 16 goals and 21 assists (37 points) in 82 games with the Maple Leafs. He ended up being traded to the Hurricanes and subsequently bought out this summer. He returns to San Jose, where he spent the first 19 years of his career and joins a team that is in need of wing depth.

Patrick Marleau
The Devils have signed Joe Morrow to a one-year, two-way contract.

Morrow spent the 2018-19 season with the Jets, where he had one goal and six assists (seven points) in 41 games. It was a career-high in games played for the former first-round pick, who is expected to head to Binghamton (AHL) should he clear waivers.

Joe Morrow
The Blues have signed Brayden Schenn to an eight-year extension worth $52.0 million ($6.5M AAV).

Schenn was set to become an unrestricted free agent at the end of the season but the Blues have locked him up through the 2027-28 season. Schenn failed to record a point in the season opener but is coming off of a 54-point season (17G / 37A) in 2018-19.

Brayden Schenn

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.