NHL Signings & Free Agents

Garrison left $ on table - was offered "Wideman money" elsewhere - but wanted to play for hometown VAN, which held firm on internal $ scale.

The Canucks needed a booming shot to anchor their power play and Garrison helps fit that need. He'll be a good look among second tier defensemen next season.

Jason Garrison
The Detroit Red Wings have shored up their backup goaltending position by reaching terms with Jonas Gustavsson to a two-year contract, worth $1.5 million a season.

The Monster is an upgrade over Conklin but isn't recommended in standard fantasy formats unless Howard goes down with an injury.

Jonas Gustavsson
There was no ignoring the commotion that commenced when NHL teams lined up to enlist free agent Justin Schultz, a recruiting bid that ended Saturday when the defenceman agreed to sign with the Edmonton Oilers.

Turns out the Oilers were armed with Gretzky and Coffey to vouch for the organization. We're yet to see where Schultz will fit in but the Oilers are already thin on D so he has a great shot to be a staple on the power play.

Justin Schultz
The Carolina Hurricanes could have signed one of the best defensive prospects in the history of the franchise today with the signing of Boston College defenseman Brian Dumoulin.

Dumoulin, a second round pick in 2009, just completed his junior year at Boston College, scoring seven goals and 28 points en route to a National Championship.

Brian Dumoulin
BOSTON, MA – Boston Bruins General Manager Peter Chiarelli announced today that the club has signed Boston College defenseman Tommy Cross to an entry-level contract.

Cross just completed his fourth season at Boston College, scoring five goals and 24 points in 44 games. He also captained this season's NCAA Championship team.

Tommy Cross
Columbus Blue Jackets sign d-man Will Weber to two-year entry level contract. Weber just completed his senior season at Miami University

Weber recently completed his senior year at Miami University of Ohio, registering four assists in 40 games.

Will Weber
NEWS: The Red Wings have signed Riley Sheahan to a three year entry level contract. Per club policy, terms are undisclosed.

Sheahan is already playing for the Grand Rapid Griffins following three years at Notre Dame. The former 21st overall pick scored nine goals and 25 points through 37 games with his collegiate university.

Riley Sheahan
Buffalo Sabres General Manager Darcy Regier today announced that the team has agreed to terms with forward Dan Catenacci on a three-year entry level contract and goaltender Connor Knapp on a two-year entry-level contract.

Knapp completed his senior year with the Miami University (Ohio), winning 15 of his 24 starts with a tidy 1.69 GAA and .933 SV%.

Connor Knapp
Buffalo Sabres General Manager Darcy Regier today announced that the team has agreed to terms with forward Dan Catenacci on a three-year entry level contract and goaltender Connor Knapp on a two-year entry-level contract.

Catenacci just finished his second season with the Owen Sound Attack, scoring 33 goals and 72 points in 67 games.

Daniel Catenacci
#Flyers have signed future entry-level contracts with free agents: Matt Mangene (F/D - U. of Maine) & Matt Konan (D - Medicine Hat - WHL).

Konan scored nine goals and 54 points in 72 games with the Medicine Hat Tigers of the WHL.

Matt Konan

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.