NHL Hockey Player News

The Hurricanes are signing Jordan Martinook to a three-year extension worth $9.15 million ($3.05M AAV).

Fan favourite Jordan Martinook will remain in Carolina after the Hurricanes signed the 10-year veteran to a three-year extension worth $9.15 million ($3.05M AAV). The 31-year-old Hurricanes' assistant captain surpassed the 30+ point plateau for a second straight season in 2023-24 as he ended the campaign with 14 goals and 32 points in 82 games played.

Jordan Martinook
The Sabres are signing Sam Lafferty to a two-year deal worth $4.0 million ($2.0M AAV).

Lafferty will join his fourth team in the last three years as he signed a two-year deal worth $4.0 million ($2.0M AAV). with the Buffalo Sabres on Monday. The 29-year-old centre spent one season in Vancouver in 2023-24, finishing with career highs in goals (13), points (24) PIMs (32) and games played (79).

Sam Lafferty
The Sharks are signing Tyler Toffoli to a four-year deal worth $24.0 million ($6.0M AAV).

Toffoli will head to the West Coast to join the young talent out in San Jose as he signed a four-year deal worth $24.0 million ($6.0M AAV) with the Sharks on Monday. The 32-year-old was acquired at the trade deadline by Winnipeg from New Jersey and had 33 goals, 55 points and 229 SOG in 79 total games played in 2023-24.

Tyler Toffoli
The Devils are signing Brett Pesce to a six-year deal worth $33.0 million ($5.5M AAV)

One of the biggest defensive pieces on the open market is gone early on Monday as New Jersey has signed nine-year veteran Brett Pesce to a six-year deal worth $33.0 million ($5.5M AAV). The 29-year-old has spent his entire career with Carolina and had three goals, 13 points and a +10 plus/minus in 70 games played last year.

Brett Pesce
The Blackhawks are signing Teuvo Teravainen to a three-year deal worth $16.2 million ($5.4M AAV).

Teravainen will return to Chicago, where he spent the first three seasons of his 11-year career after he agreed to a three-year deal worth $16.2 million ($5.4M AAV) on Monday. The 29-year-old left-winger surpassed his career high in goals in 2023-24 (25) and had 53 points, 142 SOG and a +15 plus/minus in 76 games played.

Teuvo Teravainen
The Wild are signing Yakov Trenin to a four-year worth $14.0 million ($3.5M AAV).

Trenin will get a big pay upgrade as he signed a four-year, $14 million contract ($3,500,000 AAV) to join the Minnesota Wild on Monday. The 27-year-old bottom-six forward was acquired by Colorado at the trade deadline last season from Nashville and had 12 goals, 17 points and 40 PIMs in 76 games played in 2023-24.

Yakov Trenin
The Kraken are signing Brandon Montour to a seven-year deal worth $49.98 million ($7.14M AAV).

Arguably the biggest defensive free agent is off the market early on Monday as Seattle has signed reigning Stanley Cup Champion Brandon Montour to a seven-year deal worth $49.98 million ($7.14M AAV). The 30-year-old smashed his career highs in 2022-23 after he ended the season fifth in the NHL in defensive scoring with 16 goals and 73 points in 80 games but came back down to earth in 2023-24 with eight goals and 33 points in 66 games played.

Brandon Montour
The Flyers have signed Erik Johnson to a one-year contract worth $1.0M.

Despite retirement rumours, 36-year-old Erik Johnson will rejoin the Philadelphia Flyers on a one-year contract extension worth $1,000,000. The defensive defenseman is just 13 games from 1000 played as he enters his 14th NHL season and had five goals, six points and 26 PIMs in 67 games between Buffalo and Philadelphia in 2023-24.

Erik Johnson
The Capitals have signed Connor McMichael to a two-year deal worth $4.2 million ($2.1M AAV).

McMichael took a massive step forward with his game in 2023-24 after Niklas Backstrom was ruled out for the season and earned himself a two-year contract extension worth $4.2 million ($2.1M AAV). The 23-year-old averaged 5:21 TOI/GP more than his previous career high last season which led to his 18 goals and 33 points in 80 games played.

Connor McMichael
The Hurricanes are expected to sign Eric Robinson to a one-year deal worth $950K.

Robinson spent 2023-24 between Columbus and Buffalo but has signed a one-year deal to join Carolina worth $950,000. The 29-year-old role-player never really settled into Buffalo during his brief tenure as he had two goals and nine points in 40 games after joining the Sabres early in the season.

Eric Robinson
The Maple Leafs have signed Chris Tanev to a six-year contract worth $27.0 million ($4.5M AAV).

After trading for his rights earlier in the weekend, Toronto has completed a six-year contract worth $27.0 million ($4.5M AAV) with veteran Chris Tanev. The 34-year-old appeared in 75 games with Calgary and Dallas in 2023-24, picking up two goals, 19 points, 24 PIMs and a +22 plus/minus. In 14 NHL seasons, he has 33 goals and 190 points in 792 games played.

Chris Tanev
The Maple Leafs have signed Joseph Woll to a three-year contract extension worth $10.98 million ($3.66M AAV).

Toronto locked up their goaltender of the future on Monday as it signed Joseph Woll to a three-year contract extension worth $10.98 million ($3.66M AAV). The 25-year-old netminder took a large step forward in 2023-24 despite battling injuries throughout the season, with his 12-11-1 record, 2.94 GAA and .907 SV% in 25 games played.

Joseph Woll
The Capitals signed Ethen Frank to a two-year deal worth $1.55 million ($775K AAV).

After helping Hershey successfully win the Calder Cup in 2023-24, Ethen Frank has earned himself a two-year deal worth $1.55 million ($775K AAV). The 26-year-old is entering his third AHL season after joining Hersey straight from Western Michigan University (NCAA) and had 29 goals and 47 points in 64 games with Hersey last season.

Ethen Frank
The Capitals have re-signed Chase Priskie to a one-year, two-way contract.

At 28-year-old, Priskie has yet to make his NHL debut but has earned himself a one-year, two-way contract with Washington on Monday. The offensively gifted defenseman is coming off a Calder Cup-winning season with Hershey (AHL) and had eight goals and 34 points in 69 games played.

Chase Priskie
The Capitals have re-signed Mitchell Gibson to a one-year, two-way contract.

Gibson spent his first professional season playing 42 games with South Carolina (ECHL) in 2023-24 and has earned himself a one-year, two-way contract with the Capitals. The 25-year-old will add some goaltending depth to the Capitals after he produced a 2.56 GAA and .899 SV% in 42 games with South Carolina after graduating from Harvard after three successful seasons.

Mitchell Gibson
The Panthers have signed Dmitry Kulikov to a four-year deal worth $4.6 million ($1.15M AAV).

Fresh off of helping Florida win its first Stanley Cup, 33-year-old Dmitry Kulikov has signed a four-year contract extension worth $4.6 million ($1.15M AAV). The veteran defensemen just completed his 15th NHL season and had a goal, 20 points, 63 PIMs and a +15 plus/minus in 76 games played.

Dmitry Kulikov
The Oilers have signed Connor Brown one-year deal worth $1.0M.

Brown did not do much in his first regular season with the Oilers, posting just four goals and eight assists (12 points) in 71 games. However, he was much more noticeable during their run to the Stanley Cup Final, posting two goals and four assists (six points) in 19 playoff games. Expect him to be used in the bottom-6 and on the PK again in 2024-25.

Connor Brown
The Lightning have signed Jake Guentzel to a seven-year deal worth $63.0 million ($9.0M AAV).

Guentzel put up outstanding numbers next to Sidney Crosby since 2019 but also excelled following his trade to Carolina last year, posting 25 points (8G / 17A) in 17 games. With Guentzel now in Tampa Bay, he could find himself on one of the most prolific lines in hockey, next to Nikita Kucherov and Brayden Point. He's averaged 39 goals and 46 assists (85 points) per 82 games over the last six seasons.

Jake Guentzel

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.