NHL Signings & Free Agents

The Rangers have signed Brendan Lemieux to a one-year deal worth $925K.

Lemieux was traded to the Rangers last season and finished the season with six points (3G / 3A) in 19 games with New York. Adding Kaapo Kakko, Artemi Panarin and potentially Vitali Kravtsov upfront this offseason is going to make it very difficult for Lemieux to crack the opening night lineup in 2020.

Brendan Lemieux
The Penguins have re-signed Marcus Pettersson to a one-year contract worth $874,125.

Pettersson was traded to the Penguins early in 2019 and he finished with 19 points (2G / 17A) in 57 games with his new team. He won’t play enough meaningful minutes to be fantasy relevant in 2020. However, Kris Letang and Justin Schultz both have durability concerns, so there is a scenario where Pettersson sees PP1 time, it just wouldn’t be a great scenario for the Penguins.

Marcus Pettersson
The Jets have signed Josh Morrissey to an eight-year contract extension worth $50 million.

Morrissey set a new career-high in points (31) despite playing in just 59 games in 2019. With Jacob Trouba now in New York, Morrissey is expected to handle the PP2 duties in 2020, which gives him a potential boost in value. He should be viewed as a reserve fantasy defenseman heading into drafts.

Josh Morrissey
The Flames have re-signed Michael Stone to a one-year, $700,000 contract.

Stone was bought out by the Flames earlier in the summer but signs back on for a discount after Jusso Valimaki suffered a torn ACL. Stone had just five assists in 14 games with Calgary last season and figures to be their 6/7th defenseman in 2020.

Michael Stone
The Wild have re-signed Kevin Fiala to a two-year contract worth $6 million.

Fiala struggled after being traded to the Wild last season, scoring just three goals with four assists (seven points) in 19 games. Heading into his first training camp with Minnesota, Fiala has a chance to start the season on the top-line with Eric Staal and Jason Zucker, putting him back on the map for a fantasy hockey breakout. He has great shot volume and that will only get better with first line minutes.

Kevin Fiala
The Devils have re-signed Pavel Zacha to a three-year contract worth $6.75M ($2.25M AAV).

Zacha set a new career-high in goals (13) while matching his career-high in points (25) while playing just 61 games last season. Zacha is a player that the Devils use in all situations. He was third among New Jersey forwards in SH TOI/gm (2:11), ninth in PP TOI/gm (1:41) and 11th in EV TOI/gm (12:13).

Pavel Zacha
The Blue Jackets have re-signed Zach Werenski to a three-year contract worth $15 million ($5.0M AAV).

Werenski has been excellent since breaking into the NHL in 2017, scoring double-digit goals in all three seasons and 40-plus points in two out of three. Overall, he is 11th among defensemen in goals (27) and 24th in points (81) over that span.

Zach Werenski
The Kings have signed Jack Campbell to a two-year contract extension.

Campbell spent most of last season with the Kings as Jonathan Quick’s backup, going 10-14-1 with a 2.30 GAA and .928 SV%. Campbell was excellent in 2019 and showcased that he is capable of being a full-time NHLer after looking like a first-round bust early in his career.

Jack Campbell
The Hurricanes have signed Jake Gardiner to a four-year contract worth $16.2 million ($4.05M AAV).

Gardiner had to sit and wait a long time as a free agent but finally got signed on Friday. Gardiner spent eight seasons with the Toronto Maple Leafs but is coming off of a disappointing 30 points (3G / 27A) in 62 games in 2019. Now the 29-year-old joins Carolina, who already has a loaded blueline, but he could slot onto the second-pair with Brett Pesce and play on the second power-play unit with either Justin Faulk or Dougie Hamilton.

Jake Gardiner
The Sharks have signed Joe Thornton to a one-year contract worth $2.0M.

Thornton is back for his 22nd NHL season at the age of 40-years-old. It will be his 15th season with the Sharks and he is coming off of a solid 51-point (16G / 35A) campaign in 2019. He has very minimal upside as the Sharks No.3 centre and should be left on the fantasy hockey waiver wire to start the season.

Joe Thornton
The Oilers have signed Riley Sheahan to a one-year contract.

Sheahan played in Pittsburgh and Florida last season, totalling just 19 points (9G / 10A) in 82 games. He was once a first-round pick of Ken Holland’s in Detroit and the familiarity with the 27-year-old led to him signing in Edmonton. He never developed like the Red Wings had hoped, posting a career-high of just 36 points, so look for him to settle in as the Oilers No.4 centre in 2020.

Riley Sheahan
The Canucks have re-signed Nikolay Goldobin to a one-year contract.

Goldobin missed 19 games last season but totalled 27 points (7G / 20A) in his first fill NHL season. The 23-year-old has had a difficult time getting the Canucks coaching staff to trust him full-time in the top-6 and that will be even more difficult after the additions of Micheal Ferland and J.T. Miller this offseason. Still, Goldobin has 15-goal, 25-assist potential if he plays a full season. However, he looks like the Canucks 13th forward as we approach training camp.

Nikolay Goldobin
The Hurricanes have re-signed Roland McKeown to a one-year contract.

McKeown, 23, had four goals and 21 assists in 70 games with Charlotte (AHL) last season. With a loaded depth chart in Carolina and Jake Bean ahead of him on the call-up list, McKeown will need a few injuries ahead of him if he is going to sniff the NHL in 2020.

Roland McKeown
The Kings have signed Adrian Kempe to a three-year extension worth $6.0M ($2.0M AAV).

Kempe gets a three-year deal nine days before training camp after registering 28 points (12G / 16A) in 81 games last season. Despite seeing an uptick in ice-time, Kempe’s numbers decreased in his second full season. Decreased shot volume was the main component to his drop in goals and a big dip in on-ice SH% affected his assist total. Expect him to centre the Kings second line in 2020, which makes him a candidate to return to 15 goals and 20-plus assists.

Adrian Kempe
The Coyotes have signed Clayton Keller to an 8-year deal worth $57.2 million ($7.15M AAV).

Keller was set to become a restricted free agent after this 2020 season but the Coyotes locked him up early. Keller had a tremendous rookie season but took a step backward in 2019 but his shooting percentage and on-ice SH% should see some positive regression in 2020. Keller’s new contract makes him the highest-paid forward on the Coyotes, surpassing Phil Kessel’s $6.8 AAV.

Clayton Keller
The Blues have re-signed Ivan Barbashev to a two-year contract.

Barbashev had 14 goals and 12 assists (26 points) in 80 games in 2019. The 23-year-old also chipped in during the postseason, picking up six points (3G / 3A) in 25 games en route to winning the Stanley Cup. Barbashev is back but is buried on the depth chart behind Brayden Schenn, Ryan O’Reilly, and Tyler Bozak.

Ivan Barbashev

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.