NHL Hockey Player News

Tim Thomas is officially back in the NHL. The Stanley Cup-winning goalie signed a one-year contract Thursday with the Florida Panthers,

“Tim is a proven winner who we are pleased to have signed,” said Panthers GM Dave Tallon. “He is a fierce competitor who brings to our club a wealth of experience including a Stanley Cup Championship, two Vezina trophies and a Conn Smythe. Thomas sat out the lockout shortened season but in 2011-12 he was 35-19-1 with a 2.36 GAA and .920 SV%. He should become the Panthers starter which gives him some instant fantasy value, but his ceiling is limited.

The New York Rangers and center Derek Stepan have reached an agreement on a two-year contract. Terms were not disclosed, but reports indicate it pays Stepan $6.15 million.

Stepan, who was a restricted free agent, had been sitting out training camp as contract negotiations with the Rangers were ongoing. He led the Rangers in scoring last season with 26 assists, 44 points and a plus-25 rating in 48 games. Stepan, 23, has not missed a game in three seasons with the Rangers. He has 140 points on 56 goals and 84 assists in 212 games.

Derek Stepan
The Buffalo Sabres signed defenseman Nikita Zadorov to a three-year, entry-level contract.

The Sabres selected the 6-foot-5, 220-pound Russian defenseman with the 16th overall pick in the 2013 NHL Draft. Zadorov, 18, has played in three exhibition games so far this season and recorded his first career goal in the game against Toronto on Sunday. “I think it’s great. It’s a big experience for me to play here in NHL exhibition games,” Zadorov told Sabres.com. “I’ve played three games and I think I did a pretty good job. I just want to try and make the team.”

Nikita Zadorov
With just five days left before the opening of the season, Cody Franson has agreed to a one year, $2 million dollar deal, and is expected on the ice at practice Thursday morning.

It’s likely the Leafs blueline pairings are now set, with Franson expected to be reunited with Mark Fraser, a pairing that stuck all of last season. The 26-year-old set a career high scoring four goals with 25 assists (29 points) in 44 games last year.

Cody Franson
The Anaheim Ducks have signed first-round pick Shea Theodore to a three-year contract.

Theodore was the 26th overall pick in the NHL draft last June. He has one assist in his first three preseason games with Anaheim during training camp. He played more than 22 minutes Sunday against Colorado, leading all Ducks in ice time. Theodore scored 50 points in 71 games with the WHL's Seattle Thunderbirds last season. He also played for Canada at the under-18 world championships.

Shea Theodore
The New Jersey Devils have signed Damien Brunner to a two-year deal worth $5 million.

Brunner was in Devils camp on a professional tryout but has obviously impressed them enough to earn a contract. The 27-year-old had 12 goals and 14 assists in 44 games in his first NHL season with the Red WIngs.

Damien Brunner
The San Jose Sharks signed defenseman Mirco Mueller to a three-year, entry-level contract on Sunday.

Mueller, 18, was taken with the 18th overall selection in June's draft. The native of Switzerland was named his club's rookie of the year after totaling six goals and 31 points in 63 games with the Everett Silvertips of the Western Hockey League last season.

Mirco Mueller
The Edmonton Oilers have agreed to terms with centre Ryan Nugent-Hopkins to a seven-year contract extension worth $42 million US.

Nugent-Hopkins, 20, scored four goals and 24 points in 40 games last season before he was shut down in April to have season-ending shoulder surgery. As a rookie, the third-year NHLer recorded 18 goals and 52 points in 62 contests.

Ryan Nugent-Hopkins
The Avalanche have signed D Chris Bigras to a 3-year, entry level contract.

Bigras was selected with the 32nd (2nd Round) overall pick in this year's NHL Entry Draft. He led all Owen Sound defensemen with 38 points (8g/30a) while adding a +35 plus/minus rating in 68 games during the 2012-13 Ontario Hockey League season. The 6-foot-1, 186-pound defenseman ranked second on the team in plus/minus, was third in assists (tied) and fifth in points. He was rated by NHL Central Scouting as the sixth-best North American defenseman in its final rankings for the 2013 Draft.

Chris Bigras
The Panthers landed one of the biggest names in goaltending on Monday as Tim Thomas agreed to come to camp on a tryout basis.

Thomas, honored as the league's top goalie in 2009 and '11, will join the Panthers for Tuesday's practice. If Thomas earns a spot on the Panthers, Florida would have to find a place for Jacob Markstrom or Scott Clemmensen. Markstrom could stay up with the Panthers -- and even remain the starter.

Goaltender Zach Fucale signed a three-year entry level contract with the Montreal Canadiens on Saturday.

Fucale was picked 36th overall at the NHL draft in June from the Memorial Cup champion Halifax Mooseheads, where he is expect to return after participating in the Canadiens training camp. The 18-year-old from Rosemere, Que., went 45-5-3 with the powerhouse Mooseheads last season and went 16-1 in the Quebec Major Junior Hockey League playoffs.

Zach Fucale
Senators agree to terms with defenceman Jared Cowen on a four-year contract with an annual cap-hit of $3.1 million US.

Cowen underwent surgery on Nov. 17 to repair a torn labrum in his left hip, which sidelined him until his return to action on April 16. He played seven regular-season NHL games in 2012-13, scoring one goal and registering 10 penalty minutes. Cowen also played in each of Ottawa’s 10 playoff games against the Montreal Canadiens and Pittsburgh Penguins, recording three assists and 21 penalty minutes.

Jared Cowen
The Columbus Blue Jackets have signed right wing Jared Boll to a three-year contract extension through the 2016-17.

Boll has spent his entire professional career with the Blue Jackets, registering 24 goals and 28 assists for 52 points with 963 penalty minutes in 388 games.

Jared Boll
The St. Louis Blues have agreed to terms on a seven-year deal with defenseman Alex Pietrangelo.

Pietrangelo, 23, dressed in 47 games last season, leading the Blues’ defense with 24 points (five goals and 19 assists) while ranking 13th in ice time per game (25:06) among all National Hockey League (NHL) defensemen. Since his first full season in 2010, Pietrangelo is tied for sixth among all defensemen in points (118), ranks 10th in goals (28), tied for ninth in assists (90) and slots 15th in plus/minus (+34) while he became the youngest defenseman in Blues history to record back-to-back 40-plus point seasons in 2010-11 (43) and 2011-12 (51).

Alex Pietrangelo
The Canes, looking to fill the void left by injured defenseman Joni Pitkanen, signed free-agent defenseman Ron Hainsey on Thursday. General manager Jim Rutherford said Hainsey would receive a one-year, $2 million contract.

He played 47 games for the Jets last season, with no goals and 13 assists. He led Winnipeg in blocked shots (123).

Ron Hainsey
The Buffalo Sabres announced Wednesday night that the team has re-signed forward Cody Hodgson to a long-term multi-year contract extension. The 23-year-old Hodgson came into training camp as a restricted free agent.

Hodgson appeared in all 48 games in 2012-13, finishing second among all Sabres skaters with 15 goals and 34 points. In parts of four NHL seasons, he has appeared in 139 games between the Sabres and Vancouver Canucks, tallying 77 points (35G and 42 A).

Cody Hodgson

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.