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NHL Signings & Free Agents

The Panthers have signed Sam Bennett to a four-year, $17.6 million contract extension.

Bennett's career with the Flames did not go as planned but he paid immediate dividends once arriving in Florida. The 25-year-old had 15 points (6G / 9A) in 10 regular seasons games and five points (1G / 4A) in five playoff games. Bennett seems to have solidified the Panthers' 2C role behind Aleksander Barkov and signed for a very affordable $4.4M AAV. Pairing up with Jonathan Huberdeau on the second line should help Bennett have his best season to date in 2021-22.

Sam Bennett
The Panthers have signed Lucas Carlsson to a one-year, two-way contract extension.

Carlsson was a fourth-round pick of the Blackhawks and was traded to the Panthers as part of the deal that sent Henrik Borgstrom and Brett Connolly to Chicago. Carlssson had one assist in 12 games with the Blackhawks last year, as well as 12 points (3G / 9A) in 18 games between his two AHL homes. The Panthers don't have the strongest blueline at the moment, so he could factor into their top-6 at some point in 2021-22.

Lucas Carlsson
The Predators have signed Frederic Allard to a one-year, two-way contract extension.

Allard spent most of the season in the AHL but made his season debut with the Predators in 2021. The 23-year-old, former third-round pick had 18 points (3G / 15A) in 25 games with Chicago (AHL) and will likely be a fringe roster player for the Predators in 2021-22.

Frederic Allard
The Panthers have signed Noah Juulsen to a one-year, two-way contract extension.

Juulsen was claimed off of waivers in January but didn't play a lot of hockey afterwards. He went pointless in four games with the Panthers and had just one assist in five games with Syracuse (AHL). Headaches derailed his career in Montreal but he'll be looking to get back on track with the Panthers in 2021-22.

Noah Juulsen
The Red Wings have signed Marc Staal to a one-year contract extension.

Staal struggled mightily in 2019 and 2020 but had a nice bounce-back campaign with the Red Wings in 2021. He found some comfort on a pairing with Troy Stecher and the duo performed well as veteran minute-eaters for Detroit. In 2021-22, he should see slightly less playing time following the additions of Nick Leddy and the potential arrival of Moritz Seider but should still play with Stecher most nights.

Marc Staal
The Kings have signed Trevor Moore to a two-year, $3.75 million contract extension.

Moore had a career-year in Los Angeles in 2021, scoring 10 goals with 13 assists (23 points) in 56 games. Moore became an integral part during a rebuilding year but with so many high-end prospects coming up through the ranks, his spot in 2021-22 may not be as secure.

Trevor Moore
The Avalanche have signed Cale Makar to a six-year, $54 million contract extension.

Makar appeared in 10 playoff games in 2019, burning the first year of his entry-level contract, so he needed to be re-signed after just two regular seasons in the NHL. Over that time, the 2017 No.4 overall pick is tied for fourth among defensemen in points (94) but second in points-per-game (0.93) while appearing in 101 of the 126 games. As of now, Makar is tied for the fourth highest-paid defenseman ($9.0M AAV) heading into 2021-22.

Cale Makar
The Bruins have signed Taylor Hall to a four-year contract extension worth $24.0 million ($6.0M AAV).

Hall had a slow start with the Sabres in 2021 but found his stride after a midseason trade to the Bruins. Once in Boston, Hall was tied for 32nd with 14 points (8G / 6A) in 16 games. Hall was the perfect fit for the Bruins' second line and signs a very reasonable $6.0M AAV deal to stay with them for the next four years.

Taylor Hall
The Blues have signed Nolan Stevens to a one-year, two-way contract extension.

Stevens was a fifth-round pick in 2016 and has spent the last three years in the AHL. The 25-year-old forward had six goals and 12 assists (18 points) in 27 games with Utica last year. Look for Stevens to start the 2021-22 season in the AHL once again.

Nolan Stevens
The Lightning have signed Gemel Smith to a two-year, two-way contract extension.

Smith only played in eight games between the AHL and NHL in 2021. The 27-year-old had three assists in five games with the Lightning but sat out as a healthy scratch most of the time. With some key bottom-6 players hitting the free agent market, Smith could have a spot on the roster to start the 2021-22 season.

Gemel Smith
The Avalanche have signed Kiefer Sherwood to a one-year contract.

Sherwood split his 2020-21 campaign between the AHL and NHL. Sherwood played as a point-per-game player with 16 points (10G / 6A) in 16 games with the Colorado Eagles (AHL) but struggled to find the same level of offence with the Avalanche. Depending on what the Avlanahce do with their $20.26M in cap-space, Sherwood could have a spot on the NHL roster to start 2021-22 season.

Kiefer Sherwood
The Sharks have signed Rudolfs Balcers to a two-year contract extension worth $3.1 million ($1.55M AAV).

Balcers was claimed off of waivers from the Senators in January and went on to score eight goals and nine assists (17 points) in 41 games with San Jose. Balcers showed he was capable of playing in the Sharks' top-6 at times in 2021 but is probably best suited to play on their third-line.

Rudolfs Balcers
The Rangers have signed Barclay Goodrow to a six-year contract worth $21.85M ($3,642M AAV)

Goodrow won back-to-back Stanley Cups with the Lightning but they did not have the cap-space to keep him around for the future. He was acquired by the Rangers for a seventh-round pick on July 19th and signed a six-year extension a few days later. He brings very little offensively but will be a huge part of the Rangers' bottom-6 and penalty kill.

Barclay Goodrow
The Red Wings have signed Alex Nedeljkovic to a two-year contract worth $6.0 million ($3.0M AAV).

The Red Wings acquired Nedeljkovic from the Hurricanes and immediately signed him to a two-year contract. Nedeljkovic led the NHL in GAA and SV% in 2020-21 and helps solidify the Red Wings' crease moving forward and gives them a young goalie to build around.

Alex Nedeljkovic
The Oilers have signed Mike Smith to a two-year contract extension.

Smith struggled in 2020 but the Oilers brought him back for 2021 and he flourished. At age-38, Smith went 21-6-2 with a 2.31 GAA and .923 SV% in 32 games and will head into 2021-22 as the Oilers' No.1 starting goalie with a more certain future after signing a two-year contract.

Mike Smith
Thr Red Wings have signed Michael Rasmussen to a three-year contract extension.

Rasmussen played almost the entire 2020-21 NHL season in the NHL, scoring three goals with nine assists (12 points) in 40 games. The former No.9 overall pick (2017) made serious strides this season and will look to be an important part of the Red Wings' middle-6 in 2021-22.

Michael Rasmussen
The Kraken have signed Chris Driedger to a three-year, $10.5 million contract.

Driedger's selection in the Expansion Draft was the worst kept secret of the process. The 27-year-old has been outstanding over the last two seasons, leading the NHL in GAA (2.07) and SV% (.931) while going 21-8-4 in 34 starts. Driedger will get a shot to be a No.1 for the first time in his career with Vitek Vanecek serving as his backup.

Chris Driedger

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.