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Hurricanes Sign Mike Reilly

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The Hurricanes made a big splash on the back end with the acquisition of K’Andre Miller today.  They also have added some depth on the back end as PuckPedia reports that Carolina has signed defenseman Mike Reilly to a one-year, $1.1MM contract.  The deal represents a small cut in pay after he made $1.25MM with the Islanders last season.

The 31-year-old was limited to just 18 appearances with New York in 2024-25 but the low number wasn’t performance-related despite notching just two assists.  Reilly suffered a concussion in the first game of November and while recovering from that, it was determined that he needed a procedure on his heart, leaving his availability for the rest of the season in question.  However, he was able to return to the lineup in mid-March, getting into a handful of games down the stretch.

Reilly is a veteran of over 400 career NHL games but has bounced around along the way, never spending more than three years in the same organization.  Overall, he has 18 goals and 106 assists to his name while logging a little more than 17 minutes per game on average.

The Hurricanes will be his fourth team in the last three seasons but the expectations should be the same when he gets in the lineup.  Reilly is typically a player who is capable of providing a bit of depth offense and has five years of at least 16 points under his belt.  The most recent of those came back in 2023-24 when he had six goals and 18 assists in 61 games between the Panthers and Islanders.

It’s likely that Reilly will start the season as Carolina’s reserve defender as it’s widely expected that top prospect Alexander Nikishin will handle a regular role after joining the Hurricanes for the playoffs.  But after the Hurricanes churned through Riley Stillman and Ty Smith through a high amount of recalls and promotions last season, it appears they’ll operate with a full-time seventh option in Reilly who is someone they should be comfortable relying on more frequently than the other two.

Rangers, Will Cuylle Agree To Two-Year Deal

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The Rangers and winger William Cuylle have agreed to terms on a two-year contract worth $3.9MM per season, per Elliotte Friedman of Sportsnet. Cuylle’s deal is back-loaded to give him a $4.68MM salary and corresponding qualifying offer upon expiry in 2027, per PuckPedia, where he’ll also have salary arbitration rights

Cuylle was a second-round pick by the Rangers back in 2020, going 60th overall and certainly has outperformed his draft stock.  In 2023-24, he cracked New York’s lineup on a full-time basis and while his playing time was limited, he chipped in with 13 goals and eight assists in 81 games while also recording 248 hits.

There was some optimism that he could find another gear offensively heading into last season and Cuylle did just that.  In 82 games, he potted 20 goals and 25 assists, good for a share of fifth in team scoring.  He also saw his playing time jump up by nearly four minutes a game to a little over 15 minutes a night while also notching 301 hits, tied for the third-most in the NHL behind only Kiefer Sherwood (Vancouver) and Mathieu Olivier (Columbus).

Power forwards are hard to come by and coveted by many teams, making Cuylle a speculative offer sheet target, especially with the uncertainty with K’Andre Miller (who has since been traded to Carolina).  While New York created some cap space earlier this offseason with the trade of Chris Kreider to Anaheim, they went and spent that money to lock up Vladislav Gavrikov on a seven-year, $49MM contract that was one of the biggest of the day.

That meant that a long-term pact for Cuylle was out of the question.  Instead, the two sides have settled on a bridge deal that allows New York to stay cap-compliant while setting him up for a better deal two years from now.  With the Upper Limit set to jump to around $113MM by the time this deal expires, Cuylle will be well-positioned for a big raise, assuming he continues to play at the level he did last season.

With the signing and today’s other movement, the Rangers find themselves with a little over $1.4MM in cap space, per PuckPedia, with a full roster.  That gives GM Chris Drury a little wiggle room should the opportunity arrive to upgrade a depth player over the rest of the summer or, alternatively, keeping that space into next season would buy them some flexibility if injuries arise.

Josh Erickson also contributed to this post.

Sabres Re-Sign Ryan Johnson, Jack Rathbone

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July 1: The Sabres confirmed Rathbone’s deal and also announced a three-year, $2.325MM deal for defenseman Ryan Johnson worth $775,000 per season. It’s a two-way contract in 2025-26 and a one-way deal for 2026-27 and 2027-28. The 2019 first-round pick only saw three games of NHL action last season after making 41 appearances in 2023-24, but he did post 13 points and a +13 rating in 66 games with AHL Rochester. Assuming he reaches 80 career NHL games by the time his new deal expires, he’ll be an RFA upon expiry. If not, he’ll be eligible for Group VI UFA status.

June 29: Eligible to test free agency in less than 48 hours as a Group Six unrestricted free agent, defenseman Jack Rathbone has instead decided to re-sign with the Sabres.  PuckPedia reports (Twitter link) that Rathbone has signed a two-year deal to remain with Buffalo.  The deal will pay $800K in the NHL, $525K in the minors, and has a guaranteed salary of $550K per season.

The 26-year-old came to the Sabres last summer as a Group Six UFA, inking a one-year, two-way pact that guaranteed him $500K, meaning he gets a small pay bump on this new agreement.  Rathbone didn’t see any action with the Sabres this season but was a regular with AHL Rochester, tallying 23 points in 63 regular season games while adding three assists in eight playoff contests.

Rathbone looked like a legitimate NHL prospect a few years ago.  He held his own in eight games with the Canucks in 2021-22 and notched 40 points in just 39 games with their AHL affiliate in Abbotsford that same season.  However, Rathbone hasn’t been able to come anywhere close to those offensive numbers since then and has now spent time with three different organizations over the last year and a half.

Rathbone shouldn’t be adding to that new team total next season, assuming he once again clears waivers in training camp and starts with Rochester.  Instead, he’ll serve as a valuable experienced player for the Amerks while being a possible recall option should injuries strike during the season in Buffalo.

Canadiens Acquire Zachary Bolduc

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The Canadiens and Blues have swapped young players.  Montreal has acquired winger Zachary Bolduc from St. Louis in exchange for defenseman Logan Mailloux.  Both teams have announced the deal.

Bolduc was a first-round pick of the Blues back in 2021, going 17th overall.  Mailloux, meanwhile, was also a first-round selection in that same draft class, going 14 picks later.

Bolduc is the more experienced player of the two at the NHL level.  After getting into 25 games in 2023-24, the 22-year-old was a regular in the lineup for St. Louis last season, chipping in with some solid secondary scoring.  He notched 19 goals and 17 assists in 72 games along with 108 hits in a little under 13 minutes a night of ice time during the regular season while adding an assist in seven playoff outings in their first-round loss to Winnipeg.

As for Mailloux, he has been productive in the NHL in very limited action.  He got into seven games with the Canadiens last season, notching two goals and two assists.  Meanwhile, the 22-year-old played in 63 games with AHL Laval, tallying 12 goals and 21 assists after putting up 47 points in 72 games in his rookie professional campaign.  Mailloux also had six points in 13 playoff outings with the Rocket in their run to the final four.

Both players have one year left on their respective entry-level contracts.  Mailloux has an AAV of $894K with no performance bonuses in his deal while Bolduc checks in with an AAV of $1.276MM, including $425K in bonuses for the upcoming season.  They’ll be restricted free agents next summer.

This is a move where both teams are using their surplus depth to fill a hole.  With the Canadiens acquiring Noah Dobson last week, Mailloux’s future with the organization came more into question with Montreal also having top prospect David Reinbacher in the mix on the right side of the back end.  Meanwhile, St. Louis has a pair of right-shot veterans on the back end but Justin Faulk only has two years left on his deal, creating an opening for Mailloux to try to play his way into over the next couple of years while also potentially providing them with some extra firepower from the back end.  On the other side, St. Louis uses their forward depth to fill their hole on the back end while Montreal picks up a player who can add some grit and skill to their bottom six, replacing Emil Heineman who went to the Islanders in the Dobson trade.

Boston Bruins Acquire Viktor Arvidsson

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10:51 a.m.: The Oilers have announced the trade.

10:15 a.m.: The Bruins are set to add some extra depth on the wing.  Irfaan Gafaar reports (Twitter link) that Boston will be acquiring Viktor Arvidsson from Edmonton; David Pagnotta of The Fourth Period adds (Twitter link) that the veteran has waived his no-trade clause to facilitate the move.  TSN’s Ryan Rishaug relays (Twitter link) that Edmonton will receive a 2027 fifth-round pick in return.

The 32-year-old was brought in last summer by team president Jeff Jackson who was serving as interim GM at the time in a move to try to shore up their secondary scoring.  Given Arvidsson’s track record, the move made some sense on paper although it helped put the Oilers in the cap bind that ultimately cost them Dylan Holloway and Philip Broberg to offer sheets from St. Louis soon after.

While Arvidsson was productive in limited action after returning from injury in 2023-24 with 15 points in 18 games, he wasn’t able to produce at that same level with Edmonton.  He notched 15 goals and 12 assists in 67 regular season games with Edmonton while adding two goals and five helpers in 15 playoff contests while also spending time as a healthy scratch.

With Arvidsson having one year left on his contract with a $4MM cap charge, it was widely expected that the Oilers would be looking to move him to open up some much-needed cap flexibility on their end.  They’ve done just that and the Bruins are taking on the full contract without any salary retention.

Given the low-cost return, this is an interesting move for Boston.  GM Don Sweeney hasn’t hidden his expectation of getting the Bruins back to the playoffs but with a UFA market that’s thinning quite quickly, taking a flyer on a one-year add over a multi-year addition works from a flexibility standpoint.

While Arvidsson is coming off a down year, he has five seasons of at least 20 goals under his belt.  With Boston being a team that was 27th in goals scored last season, adding someone with a decent track record of production certainly makes sense.  And if the Bruins aren’t able to get back into the playoff mix, he’d make sense as a late-season trade candidate for a team looking to add some winger depth, putting Boston in a position to get back what they gave up to get him (or perhaps even more, depending on the state of the market).

From a cap perspective, Edmonton went from having barely $550K in cap space before the swap, per PuckPedia, to $4.55MM at their disposal.  That will give GM Stan Bowman some flexibility to work with on the open market as he looks to add an upgrade or two.  Meanwhile, Boston came into the day with around $12.7MM in room, per PuckPedia, with that amount being cut to $8.7MM with this swap.  Sweeney has a few roster spots that still need to be filled with that money but that’s still ample flexibility to try to do so.

Snapshots: Granlund, Holmberg, Perfetti, Penguins, Danforth

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While the Stars have been trying to find a way to keep pending UFA center Mikael Granlund in the fold, he will be testing the open market today, mentions Pierre LeBrun of TSN and The Athletic (Twitter link).  The 33-year-old had his second straight year of at least 60 points last season, notching 22 goals and 44 assists across 83 games between San Jose and Dallas while adding 10 points in 18 playoff contests.  Granlund is now the best center option in a market that has dwindled sharply in recent weeks, setting him up for a multi-year deal at a price tag above the $5MM he made in each of the last four years.

Elsewhere around the hockey world:

  • Despite non-tendering him yesterday, the Maple Leafs have interest in retaining center Pontus Holmberg, reports TSN’s Darren Dreger (Twitter link). He would have been owed a qualifying offer of around $866K but that would have carried arbitration rights, something Toronto didn’t want to risk.  Holmberg had 19 points in 68 games last season and will have interest on the open market while the Maple Leafs will be looking to keep their depth contracts low to increase their flexibility to upgrade other areas of the roster.
  • Now eligible to sign a contract extension, Jets forward Cole Perfetti will have new representation doing so. Murat Ates of The Athletic relays (Twitter link) that the 23-year-old is now being repped by CAA after previously being with KO Sports.  Perfetti is coming off a career year after putting up 18 goals and 32 assists last season.  He has one year remaining on his bridge deal which carries a cap charge of $3.25MM AAV.  Perfetti will be an arbitration-eligible restricted free agent next summer.
  • While the Penguins are known to be willing to move out some of their veterans, that doesn’t mean they won’t be quiet in free agency as well. David Pagnotta of The Fourth Period notes (Twitter link) that Pittsburgh is expected to pursue some depth veterans in free agency today to fill out their roster.  GM Kyle Dubas is a known proponent of having plenty of depth options to also help fortify their farm team so it wouldn’t be surprising to see them add some veterans even while being open to moving others.
  • The Blue Jackets are still in talks with pending UFA forward Justin Danforth in the hopes of getting something done before the open market opens up, relays Aaron Portzline of The Athletic (Twitter link). The 32-year-old has been a versatile depth player for Columbus for the last four seasons and is coming off a campaign that saw him record 21 points in 61 games while taking 661 faceoffs, winning just under half of them.

Hurricanes Sign Logan Stankoven To Eight-Year Extension

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The Hurricanes weren’t able to get Mikko Rantanen to agree to a long-term contract but they got one done with the player they acquired for him.  The team announced that they’ve signed forward Logan Stankoven to an eight-year, $48MM contract extension.

The 22-year-old was a second-round pick by Dallas back in 2021, going 47th overall.  Quite quickly, it’s fair to say he has outperformed his draft stock.  Stankoven made a mark late in the 2023-24 campaign, notching six goals and eight assists in 24 games with the Stars, earning himself a regular spot in their playoff lineup where he chipped in with eight points in 19 contests.

That was enough to have Stankoven as a regular for Dallas to start last season but the per-game offensive production tapered off a bit.  That said, he still put up a respectable nine goals and 20 assists in 59 games with them before being one of the key parts of the Rantanen trade back at the trade deadline.

Following the swap, Stankoven’s point production continued at a similar clip as he tallied five goals and four assists in 19 games during the regular season with Carolina while continuing to hover just above 15 minutes a night in playing time.  He carried that into the playoffs as well as a secondary offensive contributor, tallying five goals and three helpers in 15 postseason contests.

Stankoven has one year left on his entry-level contract, one that carries a cap charge of just over $814K along with $32.5K in games-played bonuses.  That means the extension will begin in 2026-27.  He had four RFA-eligible years remaining so Carolina will gain four seasons of team control at that time.  Those four UFA years are the only ones in which he’ll be eligible for trade protection.

While Stankoven isn’t the same caliber of player that Rantanen is, the Hurricanes will still get a long-term core piece out of that series of trades.  In the long run, while they took a short-term loss in talent compared to the original trade that saw them acquire Rantanen from Colorado, getting Stankoven locked up long-term and adding a pair of first-round picks was a solid rebound for GM Eric Tulsky.

John Matisz of The Score was the first to report that a long-term deal was close.  Frank Seravalli was first with the terms of the agreement.

Canucks Sign Conor Garland To Six-Year Extension

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July 1: The Canucks have officially announced Garland’s extension at six years and $36MM.  GM Patrik Allvin had the following statement about the signing:

Conor is a core member of our hockey team and a player who has taken on a bigger role with the club the past couple seasons. His commitment to us by signing this deal shows how confident he is in our organization’s vision and direction. He competes hard every day, drives play on the ice, is relentless on the forecheck and is really tough to play against. Gars is an emerging leader in the group and works extremely hard to keep himself and the players around him accountable.

June 26: Canucks winger Conor Garland isn’t eligible to sign a contract extension until next week when the 2025/26 league year officially begins.  However, it appears he won’t be waiting for long after that to put pen to paper on a new deal.  Daily Faceoff’s Frank Seravalli reports (Twitter link) that significant progress has been made in discussions between the two sides, while Rick Dhaliwal of CHEK and The Athletic adds (Twitter link) that if a deal is finalized, it could be for six years and around $36MM.

The 29-year-old has spent the last four seasons with Vancouver after being acquired from Arizona as part of the Oliver Ekman-Larsson trade back at the draft in 2021.  A few days after the trade, he signed a five-year, $24.75MM deal that will begin its final season in July.

During his time with the Canucks, Garland’s contract has been viewed as fair at times and also above-market to the point where it was believed that there were off-and-on trade discussions when Vancouver was looking to free up salary cap space.  At one point in 2023, Garland changed agents and had permission to speak to other teams about a swap but obviously, nothing came to fruition there.

But even during those times, the team made it known that they valued Garland’s contributions and the suggestion that an extension could be wrapped up quickly suggests that’s still very much the case.

Over his first three years with the Canucks, Garland was certainly consistent.  His worst season offensively was a 17-goal, 46-point effort while his best goal total was (2023-24) and best point total was 52 (2021-22).  This season was more of the same as Garland tallied 19 goals and 31 assists in 81 games while seeing his playing time jump to a career-best 18:39 per game.

With Brock Boeser appearing likely to depart the organization in free agency next week, Vancouver certainly wouldn’t want to lose their next-best right winger the following year.  It appears that won’t be happening and that Garland could officially be signing an extension as soon as next week, ensuring he’ll be staying with the Canucks for the long haul.

Latest On Rasmus Andersson

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Flames defenseman Rasmus Andersson is eligible to sign a contract extension as of today but talks between him and the team showed that there is still a considerable bridge to gap.  While GM Craig Conroy has said they’re comfortable with having the blueliner in training camp without a new deal in place, the gap in discussions has certainly fueled trade speculation.

To that end, TSN’s Darren Dreger recently reported on Edmonton Sports Talk (video link) that the Kings were believed to have a trade in place to acquire the 28-year-old but Andersson made it known that he doesn’t want to play for them.  He only has a six-team no-trade list but presumably, Los Angeles would have found out about Andersson’s lack of desire to play there when hypothetically discussing what an extension would look like.

At the moment, it appears that Andersson has his eyes set on one trade destination in particular.  Pierre LeBrun reports in his latest column for The Athletic (subscription link) that the team on the top of Andersson’s wish list is the Golden Knights.  He adds that there have been discussions between the two teams over the past week but Calgary hasn’t been excited about the offers on the table just yet.

There’s a logical fit for Andersson in Vegas, with Alex Pietrangelo’s playing days appearing to be over now.  Pietrangelo’s absence would open up a significant hole on the right side of their back end, one that Andersson would be capable of filling.

The 28-year-old has been an all-situations player for several years in Calgary and has reached at least 30 points in four straight years.  Andersson is coming off a quieter year but he still managed 10 goals and 21 assists in 81 games for Calgary last season while logging 23:59 per night of playing time.  While he wouldn’t be quite as impactful as a healthy Pietrangelo, he would certainly be a quality replacement.

Of course, fitting him onto the books for the upcoming season is a whole other challenge.  Vegas used the LTIR relief from Pietrangelo to acquire Mitch Marner from Toronto.  Even with the LTIR savings, that will put them over the cap by the time they fill the remaining open roster spots, meaning that some salary would need to be cleared to open up room for Andersson and his $4.55MM cap charge for next season.

Meanwhile, should Andersson get moved to his preferred team, it stands to reason that an extension would need to be worked out.  Given the contracts that have been handed out to some blueliners in recent days, it’s not out of the realm of possibility that he could come close to doubling his current price tag on a long-term contract.

With Vegas taking on Marner at $12MM per season and Jack Eichel expected to receive an extension at some point as well, that’s a lot of money to be adding to their future books so if the Golden Knights are able to land Andersson, they’re going to have to clear up some significant cap room – both present and future – to do so.

Capitals Expected To Sign Martin Fehervary To Seven-Year Extension

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Today marks the beginning of a new league year which means players in the final season of their contracts are now eligible to sign a contract extension.  It appears one of those players is Capitals defenseman Martin Fehervary, as Sportsnet’s Elliotte Friedman reports that the blueliner is expected to sign a seven-year, $42MM extension.  PuckPedia adds (Twitter link) that the deal will break down as follows:

2025-26: $5.5MM salary, $2MM signing bonus
2026-27: $5.5MM salary, $2MM signing bonus, 15-team NTC
2027-28: $4.5MM salary, $2MM signing bonus, 15-team NTC
2028-29: $4MM salary, $2MM signing bonus, 15-team NTC
2029-30: $3.5MM salary, $2MM signing bonus, 10-team NTC
2030-31: $2.5MM salary, $2MM signing bonus, 10-team NTC
2031-32: $2.5MM salary, $2MM signing bonus, 10-team NTC

The 25-year-old was a second-round pick by Washington back in 2018, going 46th overall.  While he got a taste of NHL action the following year, it took him three seasons to establish himself as a regular for the Caps.

Fehervary has largely played the same role over his four full NHL seasons.  He has averaged between 19 and 20 minutes a night of playing time while chipping in with some secondary scoring.  He is actually coming off a career-high in points offensively as last season, he notched five goals and a career-best 20 assists while his best goal total (eight) game in his rookie year back in 2021-22.

Of course, it’s not the offensive production that has Fehervary set to sign this contract.  He has been the defensive anchor for the Capitals in recent years and led the team in shorthanded ice time last season at just over three minutes per game.  Fehervary is also typically among the team leaders in blocked shots and hits; he notched a career-best 150 in the former category in 2024-25.

Fehervary had one RFA-eligible year left and will be spending next season on a contract that carries a $2.675MM cap charge.  He’ll get to more than double that starting in 2026-27 while Washington picks up an additional six seasons of team control and secures Fehervary through the prime of his career.

The deal also ensures that Washington will have one of the pricier back ends for the foreseeable future.  While Fehervary’s contract won’t start until 2026-27, the Capitals are set to spend more than $35MM on their defense corps for the upcoming season, per PuckPedia.  This contract will put their 2026-27 spending on the position over $27.5MM, with veteran John Carlson also in need of a new deal at some point.  In that season, Fehervary is currently set to carry the second-highest cap charge among Capitals blueliners, checking in behind Jakob Chychrun ($9MM).

Photo courtesy of Peter Casey-Imagn Images.

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