NHL Signings & Free Agents

The Lightning have signed free agent forward Cody Kunyk to a one year, two-way NHL contract.

Kunyk, 23, skated in 37 games for the University of Alaska-Fairbanks Nanooks this season, posting 22 goals and 43 points to go along with 22 penalty minutes and a plus-13 rating. The 5-foot-11, 197-pound forward led the Nanooks in goals, points, power-play goals (six) and shorthanded goals (two). Kunyk was named the WCHA’s Player of the Year and to the First Team All-WCHA team. He also led the WCHA for scoring during the 2013-14 season.

The Blackhawks have agreed to terms with forward Brandon Mashinter on a two-year contract extension; will take him through end of 2015-16 season.

Mashinter, 25, has 10 goals and 12 assists (22 points) in 34 games with Rockford (AHL) since being traded from the Rangers to the Blackhawks. He has no points and 27 penalty minutes in 23 career NHL games.

Brandon Mashinter
The Flames have signed left wing Ken Agostino from Yale University to a two year contract worth $900k per season.

Agostino played four seasons with Yale University capturing the NCAA National Championship with the Bulldogs in 2013. In 33 games during his senior season he netted 14 goals, 18 assists for 32 points and 46 penalty minutes. His career college numbers stand just shy of a point-per-game with 56 goals along with 76 assists for 132 points and 140 penalty minutes in 134 games. He was acquired by the Flames when they traded Jarome Iginla to the Penguins.

Kenny Agostino
Berra has signed a three-year deal with the Avalanche.

Berra was picked up for a third-round pick at the trade deadline on March 5. He was set to become and unrestricted free agent this offseason, but with J.S Giguere leaning towards retiring, the Avalanche have locked Berra up through the 2016-17 season. The financial terms of the deal have not yet been disclosed, but the deal will be made official on Friday and the details will be released then.

Reto Berra
The Capitals have agreed to terms with Evgeny Kuznetsov on a two-year entry-level contract.

The wait is over Capitals fans. After picking Kuznetsov 26th overall in the 2010 NHL draft, they have finally got him to North America. The 21-year-old had eight goals and 13 assists (21 points) in 31 games in the KHL this season. He is high-energy, highly-skilled prospect that can make an early impact if he adjusts well to the NHL game. He will practice with the Capitals on Sunday and likely play on Monday.

Evgeny Kuznetsov
The Jets have signed Mark Stuart to a four-year, $10.5 millions US contract extension.

There were reports that the Jets were shopping the pending unrestricted free agent, but they decided to sign the rugged defenseman through the 2017-18 season. He is not an offensive, fantasy producer, but he is a strong defensive defenseman the Jets will be happy to have for the next four years.

Mark Stuart
The Senators have re-signed Chris Phillips to a two-year, $5M deal.

Phillips was the first overall pick in the 1996 NHL Entry Draft and he has spent his entire 16-year NHL career with the Senators. At 35-years-old he is not the defenseman he used to be, but is a good leader and serviceable NHL defenseman. There was interest from other teams, but this deal gives him a no-trade clause and keeps him in Ottawa for another two seasons. He has one goal, 12 assists and a minus-5 rating in 52 games with the Senators this season.

Chris Phillips
The Hurricanes have signed Khudobin to a two-year, $4.5 million US deal.

The Hurricanes were exploring the option of trading on of their three goalies, but with this signing it will come down to Cam Ward or Justin Peters. Khudobin has been great in his first season in Carolina and this contract shows that. He is expected to get the nod tonight in San Jose.

Anton Khudobin
The Panthers have agreed to a two-year, $2.625 million US AAV deal with Brad Boyes.

Boyes' name had been dangled out there on the trade market if the Panthers were unable to re-sign him, but this deal keeps him in Florida for the next two seasons. He has 17 goals and 11 assists (28 points) in 59 games this season.

Brad Boyes
The Oilers have signed Scrivens to a two-year, $4.6 million US contract extension.

The Oilers acquired Scrivens from the Los Angeles Kings on Jan. 15 for a third-round pick in the 2014 NHL Draft. Since coming to Edmonton, Scrivens has posted a 3-4-0 record with a 2.15 goals-against average and a .940 save percentage. He was scheduled to become an unrestricted free agent after the 2013-14 season.

Ben Scrivens
The Blackhawks have signed forward Brandon Bollig to a three-year contract extension.

Bollig will make an average of $1.25 millions US per year. Bollig has been a big part of Chicago's fourth line this year. He has dressed for all 62 games this season, scoring six goals, with six assists, a plus-2 rating and 69 PIMs. His fourth-line role has limited him to 10:05 TOI per game, but that is an effective 10 minutes that evidently the Blackhawks want to keep around through the 2016-17 season.

Brandon Bollig
The Rangers have signed defenseman Dan Girardi to a six-year, $33 million US extension.

There were rumours swirling around Girardi and possibly being dealt before the trade deadline. Girardi has tallied four goals and 13 assists (17 points) with a plus-4 rating in 60 games this season. Girardi's extension carries an AAV of $5.5 million US.

Dan Girardi
The Flames have signed defenseman Kris Russell to a two-year extension worth $2.26 million per year.

Russell missed close to a month with a knee injury earlier in the year. He returned on January 20 and has recorded four assists in eight games since returning. He has totalled 20 points (4G / 16A) in 43 games this season.

Kris Russell
The Avalanche have signed Semyon Varlamov to a five-year contract extension worth $29.5 million (AAV of $5.9 M a year).

Varlamov has posted a 26-9-5 record with a 2.43 GAA, .925 SV% and one shutout in 42 games (39 starts) this season. Varlamov has already tied his career high with 26 wins, equaling his total from his first season with Colorado (2011-12). Varly is tied for third among NHL goaltenders in wins, ranks second in saves (1,199), third in shots faced (1,296), sixth in games (42-tied) and eighth in SV% (.925).

Semyon Varlamov
The Stars have signed forward Ryan Garbutt to a three-year contract extension.

Garbutt, 28, has posted a career-high 18 points (10G / 8A) in 46 games for Dallas this season. Amongst team leaders, he is third in hits (81), fourth in shots (105), and sixth in both goals (10) and plus/minus rating (+4).

Ryan Garbutt
The Sharks have signed Joe Thornton to a three-year contract extension with an annual cap-hit of $6.75 million US.

Thornton currently leads the NHL with 47 assists to go along with six goals (53 points) in 51 games. Thornton is in his seventh season with the Sharks, he has totalled 1171 points (337G / 834A) in 1175 career NHL games with the Sharks and the Bruins.

Joe Thornton
The Sharks have signed Patrick Marleau to a three-year contract extension with an annual cap-hit of $6.66 million US.

Marleau has 21 goals and 26 assists (47 points) in 51 games this season with the Sharks. Marleau is currently in his 16th season with the Sharks, he has 908 points (425G / 483A) in 1215 career NHL games (all with SJ).

Patrick Marleau
The Flames signed centre Matt Stajan to a four-year, $12.5-million US contract on Tuesday.

Stajan has seven goals and 10 assists in 41 games this season. The 30-year-old centre from Mississauga, Ont., made his debut in 2002 with the Toronto Maple Leafs before being traded to Calgary in 2010. Stajan has 116 goals and 212 assists in 693 career games.

Matt Stajan

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.