Prospects Whose Signing Rights Expire This Year
Every year, there are two pivotal dates for draft picks who are still on teams’ reserve lists and haven’t signed their entry-level deals. If they’re not signed by then, their exclusive draft rights expire, and they become free agents or, in some rare cases, can re-enter the draft if they’re young enough.
The first date circled on the calendar is June 1. This is the decision date for players who were drafted out of the Canadian Hockey League and most European countries’ programs, Russia and Switzerland (players drafted from there have their signing rights held indefinitely). For CHLers, it’s two years from their draft date, and for Euro players, it’s four years from their draft-eligible date, with a minimum of two years if they were selected as overagers.
Aug. 15 is when NCAA-bound players who wrapped up their senior or final collegiate season in 2025-26 become UFAs if they’re not signed.
Just because a team loses its exclusive signing rights to a player doesn’t mean they can’t still join the organization. It’s commonplace to see a good chunk of names on this list opt to stay with the organization that drafted them on an AHL or ECHL contract.
Here’s who each club risks losing this year if they don’t get a deal done:
Anaheim Ducks
June 1 – F Ethan Procyszyn (2024, 3-68), D Tarin Smith (2024, 3-79)
Aug. 15 – F Kyle Kukkonen (2021, 6-162)
Boston Bruins
Aug. 15 – F Andre Gasseau (2021, 7-213), F Oskar Jellvik (2021, 5-149), D Mason Langenbrunner (2020, 5-151), G Philip Svedebäck (2021, 4-117)
Buffalo Sabres
June 1 – F Gustav Karlsson (2022, 6-187), G Ryerson Leenders (2024, 7-219), F Joel Ratkovic Berndtsson (2022, 7-202)
Aug. 15 – F Stiven Sardaryan (2021, 3-88)
Calgary Flames
June 1 – F Hunter Laing (2024, 6-170)
Carolina Hurricanes
June 1 – D Simon Forsmark (2022, 4-101), F Nils Juntorp (2022, 6-188), G Jakub Vondras (2022, 6-171)
Chicago Blackhawks
June 1 – F Riku Tohila (2022, 7-199)
Colorado Avalanche
none
Columbus Blue Jackets
none
Dallas Stars
none
Detroit Red Wings
June 1 – F Maximilian Kilpinen (2022, 4-129), G Landon Miller (2024, 4-126)
Aug. 15 – F Kienan Draper (2020, 7-187), F Dylan James (2022, 2-40)
Edmonton Oilers
June 1 – F Petr Hauser (2022, 5-141), F William Nicholl (2024, 7-196), D Albin Sundin (2024, 6-183)
Florida Panthers
Aug. 15 – G Tyler Muszelik (2022, 6-189)
Los Angeles Kings
none
Minnesota Wild
Aug. 15 – D Ryan Healey (2022, 4-121), F Rieger Lorenz (2022, 2-56), F Charlie Stramel (2023, 1-21)
Montreal Canadiens
June 1 – D Owen Protz (2024, 4-102)
Aug. 15 – F Jack Smith (2020, 4-102)
Nashville Predators
June 1 – D Kasper Kulonummi (2022, 3-84), G Jakub Milota (2024, 4-99)
Aug. 15 – F Adam Ingram (2022, 3-82), F Sutter Muzzatti (2023, 5-143), F Ben Strinden (2022, 7-210)
New Jersey Devils
Aug. 15 – D Charlie Leddy (2022, 4-126), F Samu Salminen (2021, 3-68)
New York Islanders
none
New York Rangers
none
Ottawa Senators
June 1 – D Filip Nordberg (2022, 2-64)
Aug. 15 – F Tyson Dyck (2022, 7-206)
Philadelphia Flyers
June 1 – F Santeri Sulku (2022, 7-197)
Aug. 15 – F Owen McLaughlin (2021, 7-206)
Pittsburgh Penguins
June 1 – F Max Graham (2024, 5-139)
Aug. 15 – F Cruz Lucius (2022, 4-124)
San Jose Sharks
June 1 – F Carson Wetsch (2024, 3-82)
Seattle Kraken
June 1 – D Alexis Bernier (2024, 3-73)
St. Louis Blues
June 1 – F Antoine Dorion (2024, 7-209), D William McIsaac (2024, 5-145)
Tampa Bay Lightning
June 1 – D Jan Golicic (2024, 4-118), F Kaden Pitre (2024, 6-181), F Noah Steen (2024, 7-199)
Toronto Maple Leafs
June 1 – D Nathan Mayes (2024, 7-225)
Aug. 15 – F Joe Miller (2020, 6-180)
Utah Mammoth
June 1 – D Ales Cech (2024, 5-153)
Aug. 15 – D Cal Thomas (2021, 6-171)
Vancouver Canucks
none
Vegas Golden Knights
Aug. 15 – D Noah Ellis (2020, 6-184)
Washington Capitals
Aug. 15 – G Chase Clark (2021, 6-183), D Joaquim Lemay (2021, 4-119)
Winnipeg Jets
none
Auston Matthews Undergoes MCL Surgery, Out For Season
March 19: Matthews underwent successful surgery to repair his MCL tear today in New York City, the team announced. The procedure carries a 12-week recovery timeline, meaning he shouldn’t have any issue hitting the ground running for training camp in the fall.
March 13: After sustaining a knee-on-knee hit from Anaheim’s Radko Gudas on Thursday night, the Maple Leafs won’t have their captain down the stretch. The team announced (Twitter link) that center Auston Matthews will miss the remainder of the season due to a Grade Three MCL tear. He will be reevaluated in two weeks and a further update will be provided at that time.
The injury brings a premature end to what has been a tough season for the 28-year-old. After lingering injuries slowed Matthews down off and on at times last season, the hope was that he’d come into this year fully healthy and get back to the level that saw him win three Rocket Richard trophies for the most goals in four years. With Mitch Marner now in Vegas, they were counting on him to be able to shoulder more of the load offensively.
However, that hasn’t happened. In between dealing with a pair of short-term lower-body injuries, Matthews saw his production drop even further this season. After putting up 78 points in 63 games in 2024-25, he was limited to just 27 goals and 26 assists in 60 outings this season. His goal earlier in Friday’s game snapped a 12-game goalless drought, allowing him to avoid tying his career-long stretch in that regard, set back in his rookie season back in 2016-17. Instead of leading the way offensively, Matthews finds himself fourth in team scoring and will likely stay there with Oliver Ekman-Larsson (who’s fifth) being 18 points behind.
Matthews has two years remaining on his current contract, one that carries a $13.25MM AAV that was briefly the richest in NHL history. It’s fair to say that Toronto hasn’t received fair value on that agreement so far given his reduction in production over the past two years. They’ll have to hope that the extended time off before next season will help spur his offense forward in the second half of the agreement.
His absence could also have an impact in the draft lottery. Toronto will retain its first-round pick if they land in the top five of the draft after the lottery. (If they pick outside that range, the selection goes to Boston.) The Maple Leafs are tied for eighth-last in the league right now, five points ahead of St. Louis, which is currently 28th. However, without their number one center in the lineup down the stretch, they could be primed to fall a little further in the standings.
Meanwhile, Gudas had a phone hearing with the Department of Player Safety earlier today as part of the supplemental discipline process. That will cap a potential suspension at no more than five games. With Anaheim in action both Saturday and Sunday, a decision on that front should come before too long.
Ryan Johansen Announces Retirement
Ryan Johansen announced his retirement in an episode of the Predators’ official team podcast released Thursday afternoon. The 33-year-old center steps away after an NHL career that spanned 13 seasons and included an All-Star nod and a Western Conference championship with Nashville in 2017.
Johansen played his junior hockey with the WHL’s Portland Winterhawks, where he rode a 69-point rookie season to a fourth overall selection by the Blue Jackets in the 2010 draft. After a standout performance for Portland the following season, he arrived in Columbus as a full-time NHL talent beginning with 2011-12. He struggled to produce from the hop, posting 14 goals in 107 games across his first two seasons. He fully arrived as the centerpiece of the Jackets’ attack in 2013-14, though, erupting for 33 goals and 63 points while leading the franchise to just its second playoff appearance in team history at the time.
An RFA the following summer, it took Columbus until October to get Johansen signed. Even then, the two sides could only end up settling for a three-year, $12MM bridge deal. It immediately became one of the best contracts in the league as Johansen followed up his breakout with a career-high 71 points, leading the team with 45 assists while representing Columbus at the All-Star Game and winning MVP honors there.
While it looked from there like Johansen would be the Jackets’ second great offensive star after Rick Nash, his time in the organization was already near its close. With Columbus in need of defensemen, they cut bait quickly with Johansen the following season when he got off to a sluggish start. Halfway through the 2015-16 campaign, he was dealt to the Predators in what ended up being one of the most consequential one-for-one deals of the decade for Seth Jones.
Johansen immediately assumed duties as Nashville’s top center. While he never topped the 70-point mark again, he was a major part of the most successful stretch in franchise history that saw the Preds win playoff series in three consecutive years from 2016-18, making the Cup Final in 2017 and winning the Presidents’ Trophy the following season.
At age 24, Johansen had put up four straight 60-point seasons and played a pivotal role on a team that came just two wins short of a Stanley Cup, although he missed the Final after developing acute compartment syndrome in his left thigh. It seemed like a no-brainer for Nashville to commit long-term when he was an RFA again that summer, inking him to an eight-year, $64MM contract.
Johansen’s offensive consistency would fall off significantly after he put pen to paper on that deal. He only hit the 60-point mark twice more in his career and only averaged 18 goals and 54 points per 82 games for the Preds after signing the contract. His ice time steadily decreased throughout the deal, bottoming out with a 15:46 figure in 2022-23 that also saw him limited to 28 points in 55 outings with a -13 rating. At that point, the Predators had just missed the playoffs for the first time in nine years and hadn’t won a series in five.
Looking to clear money in a flat-cap environment and get out of what was becoming an increasingly undesirable contract, the Preds put him on the trade block. The Avalanche, looking for reclamation stopgap projects down the middle in their middle-six after losing Nazem Kadri the summer prior, took Johansen on for virtually nothing while Nashville retained half his cap hit to offload him.
The move only accelerated Johansen’s jagged but now aggressive decline. He was a non-factor in Colorado and had fallen out of a top-six role by the trade deadline, posting 13 goals and 23 points in 63 games for his worst offensive showing since his teenage years. The Avs were able to offload the last year and a half of his contract by trading him to the Flyers in that year’s Sean Walker deadline deal, but he never played a game for Philadelphia. The Flyers attempted to waive him and assign him to the AHL, but that was later nullified when he failed his physical due to a nagging hip injury.
The Flyers likely planned on buying him out that summer if he was healthy. Since he wasn’t cleared to play, that wasn’t an option. They then moved to place him on unconditional waivers later in the summer to terminate his contract for what the team called a “material breach,” likely due to his failure to report the issue to team doctors before the trade. Johansen appealed, and the process lasted through the entire 2024-25 campaign anyway before an independent arbitrator ultimately ruled in favor of the Flyers.
It was essentially a foregone conclusion at that point that Johansen’s hip issues would prevent him from playing again, but he now makes it official. He tallied just over 900 career games with a 202-376–578 scoring line. His 362 points in a Nashville uniform rank sixth in franchise history. PHR congratulates Johansen on his lengthy career and wishes him the best in retirement.
Image courtesy of Christopher Hanewinckel-Imagn Images.
Predators Have Interviewed Marc Bergevin, Brett Peterson For GM Position
The Predators have a general manager vacancy – well, kind of. While incumbent Barry Trotz announced his resignation from the role over six weeks ago, he will be staying on until a replacement is named. That gives Nashville plenty of runway and the rare opportunity to embark on a lengthy search process while the season is still ongoing.
Nashville is casting an incredibly wide net as a result, Elliotte Friedman of Sportsnet writes, but a few names of interest are starting to leak out. Sabres associate GM Marc Bergevin and Panthers assistant GM Brett Peterson have both been part of the initial interview process, Friedman reports.
Bergevin was previously the GM of the Canadiens from 2012 to 2021. He hasn’t held the top exec role since, but has been through multiple interviews, including the Blue Jackets’ vacancy in 2024 and the Islanders’ vacancy last offseason. Just because he’s come up short in those talks doesn’t mean he’s been unemployed for the past five years. Almost immediately after his dismissal from Montreal in November 2021, the Kings brought him in as a senior advisor to former GM Rob Blake.
The 60-year-old remained in L.A. through last summer’s GM change to Ken Holland. That arrangement only lasted a couple of months into the season. Shortly before Christmas, he left the Kings to accept an offer from Buffalo GM Jarmo Kekäläinen to serve as his top assistant as part of the Sabres’ front office turnover.
During Bergevin’s stint in Montreal, he twice finished as the runner-up for the General Manager of the Year award (2014, 2021). The Habs made the playoffs six times in Bergevin’s nine full seasons at the helm, including trips to the Eastern Conference Final in 2014 and the Stanley Cup Final in 2021. He also served as GM of Montreal’s AHL affiliates, a role typically held by an associate/assistant GM.
The veteran of nearly 1,200 NHL games as a player would certainly be an experience-oriented hire after Nashville’s decision to hire a respected coach but inexperienced executive in Trotz has yielded mixed results. Before his time in Montreal, Bergevin also climbed the ladder in the Blackhawks organization from scout to assistant GM from 2005 to 2012. Excluding the lockout-nixed 2004-05 campaign, Bergevin has been involved in every NHL campaign since 1984 as either a player, coach, or executive.
Peterson is more of the up-and-comer archetype, but it’s hard to argue with the brief experience he’s already accumulated. He’s spent all of his time in the NHL as an AGM in Florida under Bill Zito, first hired in 2020. He’s been part of the franchise’s three straight Stanley Cup Final trips and has been entrusted with more responsibility on the international stage, where he was just announced as the general manager for the United States’ World Championship team for the second time in three years. The 44-year-old was an assistant GM for the USA squad that won gold at the 2025 World Championship, ending a 65-year drought.
Penguins Recall Ryan Graves From Conditioning Stint
The Penguins announced they’ve recalled defenseman Ryan Graves from his conditioning stint to AHL Wilkes-Barre/Scranton. For now, he remains on injured reserve.
It wasn’t clear why Graves had been out of the lineup for well over a month when Pittsburgh sent him for his conditioning stint a week ago today. He was on the active roster after recovering from a lower-body injury and being reinstated from IR in early February, but he hasn’t played since. Instead, it appears he’s either still working his way back from that initial issue or sustained a new, undisclosed one, as he landed back on IR to allow him a conditioning stint. Regular conditioning loans are prohibited after the trade deadline; only those related to long-term injuries are permitted.
Graves suited up twice for Wilkes-Barre/Scranton, so it appears he should be good to go and should be activated off IR soon. Now in year three of the regrettable six-year, $27MM deal he landed with the Pens in free agency in 2023, he cleared waivers earlier this season and, when healthy, has split time between Pittsburgh and WBS. After a horrid showing in a full-time roster role last season, he’s had improved impacts as an #8/9 piece who can occasionally jump into a bottom-pairing role. He’s averaged 15:29 of ice time per game across 19 contests for the Pens this season with one goal and a -2 rating. His 52.2% shot attempt share at 5-on-5 is his best since the 2020-21 season.
He’s also been an impact player in the minors, where he has 10 points and a +4 rating in 15 games for the Baby Pens. It’s likely too much to expect him to return to being the top-four fixture Pittsburgh hoped he could be, but injury troubles aside, this season has been a step in the right direction for Graves’ play. Unless cap space becomes a concern, it wouldn’t be all too surprising to see him back on the opening night roster in the fall as a bottom-pairing or #7 piece.
Oilers Place Leon Draisaitl On Long-Term Injured Reserve
The Oilers were expected to eventually move star center Leon Draisaitl to long-term injured reserve after it was announced he’ll be shut down for the rest of the regular season with a lower-body injury. That’s now happened, per a team announcement, and they’ve used their newfound cap space to recall winger Roby Jarventie from AHL Bakersfield in the corresponding move.
As the ever-durable Draisaitl gears up for the longest absence of his career at one of the worst possible times, the Oilers had just a few days left to be eligible for cap relief by placing him on LTIR. They have 28 days left in their regular season, and there has to be at least 24 days or 10 games – the LTIR minimums – left on the regular-season calendar to initiate an LTIR placement.
Edmonton is now over the cap by nearly $2.5MM, but with Draisaitl now generating some relief in addition to the previously LTIR-bound Colton Dach, Mattias Janmark, and Curtis Lazar, the Oilers’ LTIR pool is now at almost $7MM, leaving them $3.3MM in current cap space after Jarventie’s recall, per PuckPedia.
With all those names sidelined, the 23-year-old Jarventie should be ticketed for his first NHL appearance since debuting with the Senators in November 2023. An early second-round pick in the 2020 draft, he was traded to Edmonton in the 2024 offseason for Xavier Bourgault, but he missed all but two AHL games last season due to knee surgery.
Jarventie initially planned to return home to Finland with Tappara early last offseason, but ended up accepting a two-way extension from the Oilers in June. That decision has proved fruitful for both parties. The 6’2″, 184-lb Jarventie hasn’t clicked at the near point-per-game rate he did in the minors before his injury, but he’s back to at least being a serviceable producer. In 52 outings for Bakersfield, he has 17 goals and 36 points with a +12 rating. That’s good for fifth on the team in scoring.
Rangers Recall Connor Mackey
The Rangers announced Thursday that they’ve recalled left-shot defender Connor Mackey from AHL Hartford. He’ll ensure New York has seven defensemen for the time being after Urho Vaakanainen left Wednesday’s loss to the Devils with an upper-body injury and didn’t return. Vaakanainen did not travel with the team to Columbus this morning, Mollie Walker of the New York Post reports, so he’ll be out for at least tonight’s contest against the Blue Jackets.
It’s Mackey’s sixth Rangers stint of the season. He’s been up on several brief recalls as injury insurance throughout the year, but none of them have resulted in playing time, sitting as a healthy scratch in 11 contests. Mackey is in his third season with the Rangers organization after initially landing there on a two-way deal in free agency in 2023, subsequently signing a two-year extension that will expire this summer. His offense isn’t what it used to be, but he’s still been an imposing physical presence in Hartford, logging 52 games with a 5-10–15 scoring line, 81 penalty minutes, and a -8 rating.
Mackey, 29, has played in parts of five NHL seasons but not since December 2024. He previously suited up for the Coyotes and Flames. The 6’3″, 205-lb lefty has totaled 42 NHL appearances with a 4-7–11 scoring line, a -1 rating, and 78 hits while averaging 14:11 of ice time per game. He’s a few years removed from his career year split between Calgary and Arizona in 2022-23 that saw him traded to the Yotes at the deadline, becoming a regular for them in a depth role down the stretch. After notching seven points and a -4 rating in 30 games that year, he’s suited up just three times with the Blueshirts in the three seasons since.
The Rangers have preferred to keep Mackey in a press-box role only this season. It remains to be seen if that will change, since Vaakanainen being out means their top six group is now made up of four righties and two lefties. It remains to be seen whether someone will shift to their offside to allow righty Vincent Iorio to elevate from the press box and play his first game since March 7, or if Mackey will make his season debut to keep an even lefty/righty alignment. It’s of little long-term consequence to a Rangers club that’s dropped two in a row after a four-game winning streak, keeping them in a five-point hole behind the Panthers for last place in the East.
Penguins Reassign Avery Hayes
The Penguins announced Thursday that they’ve reassigned winger Avery Hayes to AHL Wilkes-Barre/Scranton. The move comes after Sidney Crosby was activated from injured reserve for yesterday’s loss to the Hurricanes, bringing Pittsburgh up to 16 forwards on the active roster. With that obvious excess, they’ll trim a bit here by returning the waiver-exempt Hayes to the minors.
Hayes was scratched in back-to-back games leading up to today’s demotion. He was initially removed from the lineup for Monday’s win over the Avalanche to make way for Evgeni Malkin‘s return to play following a five-game suspension.
The 23-year-old has suited up 11 times for Pittsburgh in his first taste of NHL action this season, scoring twice with a -6 rating. Both of those goals came in his NHL debut against the Sabres back on Feb. 5. Since then, it’s become abundantly clear he needs more development time before he’s serious about competing for a big-league role. He’s averaged 10:37 of ice time per game with some quite hairy possession metrics. Pittsburgh is only controlling 45.3% of shot attempts with Hayes on the ice at 5-on-5 despite him starting 63% of his shifts in the offensive zone.
The 5’10”, 180-lb righty has been one of the better stories in Pittsburgh’s prospect pool. He signed an AHL deal as an undrafted free agent coming out of juniors in 2023 and subsequently broke out for 23 goals and 42 points in 60 games for Wilkes-Barre/Scranton in 2024-25, leading to him landing an NHL contract for this year. He’s continued to build on that production in the AHL, racking up a 19-11–30 scoring line in 36 games, but simply hasn’t been able to convert his high-energy game into a meaningful NHL impact in limited minutes yet.
Hayes has essentially been on the NHL roster since Feb. 23, but he was sent down to the AHL for a few hours on deadline day to make him eligible to return to the minors down the stretch. Pittsburgh will reap the rewards of that decision today. Even with Kevin Hayes and Blake Lizotte dealing with upper-body issues, they still have youngster Ville Koivunen around as an extra forward, so they’re not at risk of needing to make an emergency recall yet if another forward injury pops up.
Morning Notes: Kempe, Team Russia, Karlsson
The Kings have failed to make much headway in the Western Conference wild-card race since their mixed-bag trade deadline, going 3-2-1. They played their last game, a 4-1 win over the Rangers to wrap up a five-game Eastern road swing, without the services of leading scorer Adrian Kempe. He was out with a lower-body injury and remains listed as day-to-day, although it could end up just being a one-game absence. Interim head coach D.J. Smith said at yesterday’s practice that he’s “hopeful” Kempe can suit up tonight against the Flyers. A win over Philly and a Kraken loss of any kind would get L.A. back into a playoff position. They’re tied with Seattle right now at 71 points, but trail the Kraken significantly, 25-18, in the regulation wins tiebreaker. Kempe’s health is crucial. He’s been on a tear coming out of the Olympic break, currently on an eight-game point streak with a 6-6–12 scoring line in his last 10.
Here’s more to round up from around the hockey world Thursday:
- NHL deputy commissioner Bill Daly poured cold water this week on the idea of Team Russia returning to international play at the 2028 World Cup of Hockey. That will be a league-run event without IIHF involvement, but the league has maintained a willingness to demonstrate continuity with the international governing body on the matter. There were unverified reports that other European countries would pull out of the tournament if Russia were to participate, if they continue their ongoing war on Ukraine, a risk the league certainly won’t be willing to take, with half the round-robin games being hosted in Czechia. “I don’t think we’re out of sync with where the Finns and Swedes and Czechs are with respect to Russian participation,” Daly said (via Eric Engels of Sportsnet). “It’ll be available if certain things happen. And if certain things don’t happen, they’re likely not to participate.”
- Penguins defender Erik Karlsson was among the most popular names in trade rumors last season. Even as his contract becomes more movable, the Penguins’ success this season has made the idea of holding on to him for the last year of his deal in 2026-27 more attractive. As the Pens’ PR account pointed out this morning, he’s having arguably the most dominant stretch of his career since his days as a yearly Norris contender in Ottawa. He has nine goals and 12 points in his last six outings and leads NHL defensemen in scoring since the Olympic break with a 5-12–17 line in 13 games.
Free Agent Stock Watch: Left Wing
With the trade deadline behind us, player movement between teams is severely restricted. Teams are jockeying for playoff position, and many players with expiring contracts across the NHL are playing games that could ultimately determine what magnitude of contract they might receive in the summer.
In a multi-part series, we’ll take a look at each position group of the upcoming free agent class, and do a rundown on how those upcoming unrestricted free agents have performed this year. Which players have increased their odds of scoring a jackpot on the open market? Which players have potentially hurt their earning potential with their play? What are the stakes for these free agents in the games that remain this season? We’ll break it all down here.
The Marquee Names
Alex Ovechkin, Washington Capitals
While he is technically a pending unrestricted free agent, Ovechkin’s situation is not one of a typical pending UFA. The league’s all-time goal scoring leader is, barring some great surprise, a one-team player. He will either re-sign with the Capitals, or end his time in the NHL. The odds of another outcome are extremely remote.
While the 40-year-old doesn’t fly around the ice in a manner even close to how he did earlier in his career, his offensive instincts, and his trademark shot, are still there – making him still a productive NHL top-six winger. He has 51 points in 68 games this season, so the question for Ovechkin heading into the expiry of his deal isn’t about whether he can still play in the NHL, it’s about whether he still wants to.
Jamie Benn, Dallas Stars
Benn is in a similar position to Ovechkin. The one-time Art Ross Trophy winner is set to turn 37 years old this summer, and is not your typical pending UFA. Like Ovechkin, one would have to imagine that Benn will either be playing in Dallas, or nowhere at all. That he took a $1MM base salary on a one-year deal last summer (albeit with $3MM total in performance bonuses) suggests Benn is willing to be flexible in how he structures his contracts in order to remain with the Stars. As a result, it’d be tough to imagine him having a true free agency – so while he technically belongs on this list, the free agent class truly begins in the category below.
The Solid Contributors
Patrik Laine, Montreal Canadiens
Just a few years ago, there would be no debate about whether or not Laine belonged in the “marquee names” section of this list. He was at the center of a blockbuster trade involving Pierre-Luc Dubois, earned an $8.7MM AAV contract, and was regularly scoring at around a point-per-game rate. But even when his league wide stock was far higher, some cracks were showing in Laine’s game, specifically in terms of his ability to stay on the ice.
While much of this has been, unfortunately, out of Laine’s control, and therefore it isn’t exactly fair to count it as a factor working against his earning potential, the reality is Laine hasn’t played in enough games over the last few years for teams to feel comfortable investing significant money in him.
He’s played in just five games this season after undergoing core muscle surgery in October. Last season, he was limited to just 52 games, with his season only beginning in December due to a left knee sprain.
When Laine is healthy and playing at his peak, he can be one of the game’s more purely talented offensive players.
His goal-scoring ability has never been in question, and even in his uneven days as a Columbus Blue Jacket, he still managed 108 points in 111 games between 2021-22 and 2022-23. But the issue for Laine, especially as it relates to his upcoming free agency, is that he simply has not been healthy, or playing at his peak, on anything close to a consistent basis, throughout his pro career.
With all of that said, Laine is just 27 years old. He has many years of his career still ahead of him. Even with all of his struggles, he remains an intriguing option as the player with the most pure upside as a scorer set to be available on the open market.
The Athletic’s Pierre LeBrun noted that Laine’s IR placement for most of this season will make him eligible for a unique type of contract: one laden with performance bonuses. Those bonuses are typically reserved for players above 35 or on their entry-level contract, so Laine and his representatives will be able to structure a creative contract to find Laine the right landing spot to maximize his chances of a career renaissance.
A team with a clear need for an elite shot for their power play would be an ideal fit for Laine.
Mason Marchment, Columbus Blue Jackets
Early in the season, it looked as though Marchment would be heading into free agency on somewhat shaky ground. The 30-year-old was traded to the Kraken over the summer, and hadn’t quite found his footing there. Through 29 games in Seattle, he’d managed just four goals and 13 points, well below the scoring pace (22 goals, 47 points in 62 games) he set the year before.
The Kraken elected to deal Marchment to Columbus, removing a quality middle-six forward from their roster despite having every intention of competing for a playoff spot. Both the Blue Jackets, and Marchment, have reaped the benefits of the mid-season deal.
Columbus has surged back into legitimate playoff contention. Although a hyper-competitive Eastern Conference means their playoff chances are up in the air, it’s worth noting that the team holds enough points to be No. 1 (with a four-point cushion) in the Pacific Division. But while geography and league alignment might keep Columbus out of the postseason, it won’t keep Marchment from capitalizing on his current run of form in the summer.
Since arriving in Ohio, Marchment has scored 12 goals and 21 points in 25 games. He is shooting 25.5% right now, so puck luck is definitely playing a role – but even still, Marchment is playing far closer to his career standard than what he put forward as a Kraken.
Given his substantial track record of middle-six (or better) production since his 2021-22 breakout year with the Florida Panthers, Marchment is likely positioned well to receive a raise over the $4.5MM AAV he earned on his last deal.
Michael Bunting, Dallas Stars
Another middle-six forward who was the recipient of a mid-season trade, Bunting’s season has moved along well within what most would have reasonably expected of him.
In Nashville, he was not surrounded by the kind of offensive talent he had next to him as a member of the Toronto Maple Leafs, so he wasn’t able to score quite at the rate he managed at his peak. At the same time, he still carved out a role as a respectable secondary producer with the Predators, registering 13 goals and 31 points in 61 games. That’s a 42-point scoring pace over 82 games.
That Bunting was able to keep up his standard of steady secondary scoring helped earn him a trade to the Stars, giving him the chance to join one of the league’s marquee Stanley Cup contenders. Now 30, Bunting is entering a crucial free agency as the contract he receives could be the most financially substantial of his career.
He’s got two points in five games with the Stars so far, but is currently on their third line, skating alongside Justin Hryckowian and Colin Blackwell. If Bunting can manage to find a way onto one of Dallas’ top two scoring lines, he could further improve his earning potential in the summer with a strong conclusion to his 2025-26 campaign.
Anders Lee, New York Islanders
Lee is, in many ways, in a similar boat to Ovechkin and Benn, even if he doesn’t have the same level of star power as those two names. Now 35, he’s his team’s captain and has been a fixture on Long Island for most of his professional career, save for a brief stint in the AHL.
He was a core Islander during the height of the team’s most recent competitive era, when they made two deep playoff runs under head coach Barry Trotz. His leadership helped stabilize and elevate the Islanders in the aftermath of the stunning departure of franchise face John Tavares.
Put simply: one would have to imagine both Lee and the Islanders have every intention of working out a contract extension. The odds are considerable that New York and Lee come to some sort of agreement on a new deal.
With that said, there still remains the remote possibility he tests free agency, and in that case, he’d be an attractive short-term veteran option.
Lee has reached the 20-goal plateau nine times over the course of his career, and with 15 in 68 games this season, he stands a real chance of making it ten. He’s one of the league’s more effective goal-scorers when placed directly in front of the net, and it’s his prowess around the crease that helped him become a 40-goal scorer earlier in his career.
While his age means he might have a tough time matching his current $7MM AAV on his next deal, he’s had a solid season and has earned more than just a smaller base contract stuffed with performance bonuses.
Evander Kane, Vancouver Canucks
Where Kane stands at this point is not the easiest to pin down. He was expected to be traded before the deadline earlier this month, with numerous reports indicating that the Canucks were not only aggressively shopping Kane, but that they’d even given his agent, Dan Milstein of Gold Star Hockey, permission to speak with other teams to facilitate a Kane trade.
He did not end up getting dealt, which naturally opens up questions related to how he’s viewed as a player across the league. On the ice, he’s still a reasonably productive player. On a Canucks team that has struggled mightily this season, Kane has 12 goals and 29 points in 64 games. That’s a 15-goal, 37-point pace over 82 games, which is a decline, but not a massive one, from where he was in 2023-24, his most recent full healthy NHL campaign.
Kane also showcased his talents during the Oilers’ back-to-back runs to the Stanley Cup Final, showing how he could be a valuable contributor to a team just a few wins away from multiple titles. He’s always been a complicated player, someone with high peaks and low valleys in terms of performance.
That’s been evident throughout Kane’s career, such as in 2020-21, when he led his team in scoring with 49 points in 56 games (72 point pace) but ended the season with less-than-stellar reports emerging about his off-ice value.
The Athletic’s Kevin Kurz reported at the time that “several key players informed team brass that if Kane was going to be a part of the Sharks going forward, they didn’t want to be.”
Those factors that complicate a player’s league wide standing are often extremely difficult, if not impossible, for outside observers to take into account. It’s entirely possible, perhaps even likely, that the Kane that was the subject of those reports no longer exists. His time in Edmonton certainly would support that argument, as he was a key veteran on one of the league’s top teams. But without being able to know for sure where Kane stands, it’s difficult to predict the level of interest he’ll will receive in the summer, or what level of investment those interested teams will be willing to make in him.


