Penguins Notes: Acciari, Eller, Hayes

Matt Vensel of The Pittsburgh Post-Gazette writes that Pittsburgh Penguins forward Noel Acciari will likely move from center to the wing this season as the Penguins try to squeeze more juice out of the 32-year-old’s game after a disappointing 2023-24 season. Acciari was signed to a three-year $6MM contract in July of 2023 with the expectation that he could center the Penguins’ fourth line, but the results were underwhelming, to say the least.

The Johnston, Rhode Island native dealt with injuries last season and didn’t contribute much offensively with just four goals and three assists in 55 games. He was okay defensively, but his possession numbers were abysmal with a CF% of 40% at even strength. He’s been mentioned as a trade candidate this summer, but it seems unlikely that Pittsburgh could find a taker. A move to the wing could benefit Acciari and allow him to get to his game better in his second year with the Penguins.

In other Penguins notes:

  • Matt Vensel also wonders if all of the forwards Pittsburgh brought in this summer might push them to trade Lars Eller. This is hardly the first time that Eller’s name has come up in trade talks this summer, and it doesn’t seem to be quieting as training camp nears. Eller served as the Penguins’ third-line center last year and filled in admirably, particularly given the lack of consistency when it came to his linemates. The 35-year-old posted 15 goals and 16 assists in 82 games and had good possession numbers, despite starting over 70% of his shifts in the defensive zone. While he does hold some value on the trade market, he remains one of Pittsburgh’s best options to dress as a third-line center.
  • If the Penguins do move on from Eller, newly acquired forward Kevin Hayes could be his replacement on the third line (as per Matt Vensel). Hayes couldn’t find a consistent role in St. Louis last season and his numbers dipped to a career-low 29 points (13 goals and 16 assists) in 79 games. The 32-year-old is just two years removed from a 54-point season in Philadelphia and could have a bounce-back season if he can carve out a consistent role with the Penguins.

Evening Notes: Red Wings, Bouchard, Obvintsev

Max Bultman of The Athletic believes that the length of the Detroit Red Wings contract negotiations with Lucas Raymond and Moritz Seider may have cost the Red Wings some money in the long run. Raymond and Seider remain unsigned as training camps are quickly approaching and Bultman believes that comparable contract extensions signed this summer may have only increased the asking price for both unsigned Red Wings.

Bultman cites Brock Faber’s eight-year, $8.5 million AAV contract as a potential floor for Seider’s new deal and adds that he believes both players will sign new deals before training camp and that should ease any tensions that might exist. However, Bultman does note that having two young core pieces unsigned this late in the summer might not be great for team morale.

In other evening notes:

  • Jim Matheson of The Edmonton Journal tweeted that he believes Edmonton Oilers defenseman Evan Bouchard could get a $10MM AAV on his next deal with the Oilers. The 24-year-old is set to count just $3.9MM against the cap next season in the second year of a two-year deal and is coming off a year in which he registered 18 goals and 64 assists in 81 games. The 10th overall pick in 2018 has matured into one of the most prolific puck-movers in the NHL in just five seasons and has not only produced in the regular season but has been elite in the playoffs as well with 13 goals and 45 assists in 53 career playoff games. If Bouchard does indeed get an AAV at that rate, it will make for a tight salary cap for the Oilers who will also have to consider a Connor McDavid extension.
  • Steven Ellis of Leafs Nation wonders if the Toronto Maple Leafs might have drafted a hidden gem in goaltender Timofei Obvintsev. The Maple Leafs selected the 6’4” Russian 157th overall in this year’s NHL entry draft and it may have been a shrewd move given that NHL teams hold Russian players’ rights indefinitely and goaltenders tend to develop slower. The 19-year-old hasn’t seen a ton of action the last two seasons, dressing in just 28 games, but scouts are raving about his quick hands and ability to direct pucks with his blocker out of harm’s way. As Ellis points out, Obvintsev is likely years away from being NHL-ready, but the team can be patient with him and give him time to develop his game.

Canadian Notes: Robertson, Perfetti, Demko

Toronto Maple Leafs winger Nicholas Robertson has emerged as a top name on the trade market headed into training camp, following reports that he’s still hoping to start the year on a new team. But Sportsnet’s Luke Fox shared he isn’t expecting the recent momentum to spark a trade before the Leafs kick off camp, citing Robertson’s lack of much negotiating power.

Robertson’s name has floated around trade rumors since last season’s Trade Deadline and peaked with a formal trade request at the start of free agency. But nothing has come together yet, placing Robertson in a mix of young, shoot-first wingers on the trade market, alongside the likes of Arthur Kaliyev (link) and Connor McMichael (link).

Robertson played in his first full NHL season this year, though it only resulted in 56 games and a third-line role. He showed flashes of strong play, ultimately scoring 14 goals and 27 points. That brings his career totals up to 34 points, split evenly, in 87 games – commendable production for a former second-round pick and in line with Kaliyev and McMichael. That lack of distinction might make Robertson a tougher sale so close to the season. That is if the Leafs even choose to fulfill his trade request – which seems growingly unlikely as the team’s brass continues sharing excitement over Robertson’s potential in a growing role.

More notes from around the league:

  • The Winnipeg Jets are one of many teams still negotiating with top RFAs, needing to work out a deal for winger Cole Perfetti after he managed a stout 29 goals and 75 points in 140 NHL games on his entry-level contract. The Athletic’s Murat Ates took to projecting what Perfetti’s next deal could look like given his minimal experience in Winnipeg’s top-six. Ates drew a strong comparison to Ottawa’s negotiations with Shane Pinto, which ultimately ended in a two-year, $7.5MM bridge contract. Pinto also has 140 games of NHL experience and 70 total points, earned while planting his feet as Ottawa’s third-line center. That’s proven a more reliable role than Perfetti’s earned up to this point, though Ates reasoned that the two are comparable enough to earn Perfetti a similar bridge deal.
  • Vancouver Canucks goaltender Thatcher Demko has reportedly returned to the ice, shares CHEK Sports’ Rick Dhaliwal, who added that the starting goaltender could be healthy enough to participate in training camp. The Canucks were previously prepared for Demko to sit out of the team’s opening camp as he recovered from a groin injury taking longer than expected to heal. That’s certainly a timely update, with Vancouver recently sharing that Arturs Silovs – Demko’s presumed backup – is also bearing through a lower-body injury. The Canucks have been connected to free agent goaltenders like Kevin Lankinen but could be waiting out Demko’s early steps back before they make any signings official.

Leon Draisaitl Signs Eight-Year Extension With Oilers

1:09 p.m.: A whopping $104MM of Draisaitl’s $112MM total compensation will be paid via signing bonuses, PuckPedia reports. His base salary will be $1MM per season. He’ll earn $15.5MM in signing bonuses annually from 2025-26 through 2027-28. That figure drops to $13MM in 2028-29, then $11.5MM in 2029-30, then $11MM annually for the final three years of the deal.


9:16 a.m.: Superstar Oilers center Leon Draisaitl has signed an eight-year, $112MM extension to keep him in Edmonton through the 2032-33 season, the team announced. He’s now the NHL’s highest-paid player with an average annual value of $14MM, as initially reported by Sportsnet’s Elliotte Friedman.

Draisaitl has a full no-movement clause for the life of the contract, per Pierre LeBrun of TSN and The Athletic. He adds the deal carries a front-loaded structure, although the specific salary breakdown has yet to be reported.

The 28-year-old Draisaitl also lands the second-largest contract by total value in NHL history, trailing only Alex Ovechkin‘s 13-year, $124MM deal with the Capitals signed under the previous Collective Bargaining Agreement in 2008.

This is a historic day for the Edmonton Oilers,” general manager Stan Bowman said in a team press release. “Leon’s commitment to our team, our city and Oilers fans everywhere cannot be overstated. His desire to help bring a Stanley Cup title home to Edmonton is central to everything he does both on and off the ice.

While it was widely expected Draisaitl would sign a max-term extension to stay in Edmonton, few thought he’d be the first player to land a $14MM AAV. There was no guarantee he’d eclipse Auston Matthews‘ $13.25MM AAV to become the new highest-paid player in the league, let alone shatter it. However, since Bowman took the GM’s office in July, extension discussions have been reportedly smooth, which, in hindsight, should have been a strong indication that the Oilers were willing to shell out record-breaking cash to keep the German star in Edmonton.

Unlike his other generational teammate, Connor McDavid, Draisaitl wasn’t an impact piece immediately upon arriving in the NHL. The 2014 third-overall pick had just two goals and nine points in 37 games during his post-draft year. He developed into a high-end top-six piece over the coming years, routinely hitting over 20 goals and 70 points, but hadn’t quite captured the aura of a superstar.

That all changed in 2018-19. While the Oilers missed the playoffs for the 12th time in 13 years, it was a proper breakout campaign for Draisaitl, who led the team in goals (50) and finished second behind McDavid in points with 105. Since that season, Edmonton has made the playoffs every year, and Draisaitl has recorded or been on pace for over 100 points in an 82-game year. A two-time year-end All-Star, Draisaitl also took home the Art Ross, Hart, and Pearson awards/trophies during the 2019-20 season after leading the league with 67 assists and 110 points in 71 games.

The Cologne-born pivot is also one of the most prolific playoff performers in league history. His 108 points in 74 postseason games work out to 1.46 P/GP, which is fourth all-time among players with at least 50 games of playoff experience. Only Wayne Gretzky (1.84), Mario Lemieux (1.61), and McDavid (1.58) have produced more on a nightly basis when the games matter most. It’s especially impressive when considering Draisaitl has played through injuries for a good chunk of the past three postseasons.

For the rest of the league, they now have certainty that the best available potential 2025 unrestricted free agent won’t hit the open market. There’s a chance he could have landed even more money per season with the salary cap expected to rise to at least $92MM for 2025-26, but the total value likely would have been smaller with a seven-year maximum.

Even after declining to match the rich offer sheets levied by the Blues for Philip Broberg and Dylan Holloway last month, Bowman and the Oilers now find themselves in a seriously precarious salary cap situation for 2025-26. They already have a projected cap hit of $77.4MM, per PuckPedia, leaving them $14.6MM to re-sign pending RFA defenseman Evan Bouchard and fill at least three other roster spots (assuming a $92MM upper limit). 38.9% of next season’s spending is already dedicated solely to Draisaitl, McDavid, and Darnell Nurse.

As such, the Oilers’ directive to win a championship in the Draisaitl/McDavid era is clearer than it’s ever been in 2024-25. After falling one game short of their first Stanley Cup in over 30 years a few months ago, they’ll need to retrace their steps and find their way back to the Cup Final.

They’ll be able to score their way there after reloading offensively by adding names like Viktor Arvidsson and Jeff Skinner in free agency. However, question marks will remain on defense outside of their star pairing of Bouchard and Mattias Ekholm. There isn’t a ton of stability behind them, and while trade acquisition Ty Emberson should be a cost-effective replacement for Cody Ceci, declining play from Nurse is a significant concern.

Draisaitl will play out 2023-24 under his previous contract, earning $8MM in actual salary in the final season of the eight-year, $68MM deal he signed coming off his entry-level contract in 2017.

Image courtesy of USA Today Sports.

Brad Marchand Underwent Multiple Offseason Surgeries, Expected To Be Ready For Season

Bruins captain Brad Marchand underwent a trio of surgeries this summer, he told reporters at an informal skate Tuesday (via Ty Anderson of 98.5 The Sports Hub). The winger may be slightly limited to start training camp later this month but expects to be ready for opening night, per Scott McLaughlin of WEEI.

The first procedure Marchand had done was to repair a torn tendon in his elbow that plagued him for the entirety of the 2023-24 campaign, he said. He also underwent abdominal and groin surgeries to repair injuries he sustained late in the regular season.

Those injuries barely cost Marchand any playing time. For the second time in his career, he played in all 82 regular-season games, but he missed two playoff games with what the team called an upper-body injury. That one was presumably addressed with abdominal surgery.

Marchand slowed offensively in 2023-24, but whether that was because of his injuries or age remains to be seen. The 15-year veteran is entering his age-36 season and posted 67 points (0.82 per game) last year, his lowest per-game rate since 2015-16. He still managed to finish second on the team in scoring behind David Pastrňák and helped lead the Bruins to their first playoff series win since 2021 in his first season as captain following Patrice Bergeron‘s retirement.

He’ll reprise his top-six role this season, but likely not on a line with Pastrňák with free-agent signing Elias Lindholm down the middle. Marchand said he expects to start the year back on the team’s second line, centered by Charlie Coyle (via Conor Ryan of The Boston Globe).

It’s an important campaign for Marchand as he kicks off the final year of the eight-year, $49MM extension he signed back in 2016. General manager Don Sweeney said in May that signing Marchand to an extension was one of his top priorities this summer, but it hasn’t happened yet.

Flames Listening To Offers For Rasmus Andersson, Nazem Kadri, MacKenzie Weegar

After selling off a good chunk of their core over the last 12 months, the Flames are still fully in retool mode. General manager Craig Conroy continues to listen to trade inquiries regarding defensemen Rasmus Andersson and MacKenzie Weegar, as well as center Nazem Kadri, David Pagnotta of The Fourth Period reports.

Calgary has been exploring the market for Kadri as far back as June, Pagnotta said. They’ve been less aggressive regarding Andersson and Weegar. Julian McKenzie of The Athletic said last month that it would take a huge offer to pry Andersson away from the Flames, and there haven’t been many recent trade winds blowing in Weegar’s direction until now.

All three have control over their destinies to some degree. Kadri has a full no-movement clause through 2026, Weegar has a full no-trade clause, while Andersson has the most negligible influence with a six-team no-trade list.

Andersson could have the highest trade value if Conroy wants to kickstart a complete teardown in Calgary. The right-shot defenseman is entirely in his prime, turns 28 in October, and has two seasons left on his contract at a highly affordable $4.55MM cap hit. The Swede has put up 138 points in 239 games over the past three seasons, a 47-point pace over 82 games. After beginning his career in a bottom-pairing role, he’s routinely shouldered over 22 minutes per game in recent years with decent possession metrics.

Kadri’s contract could be a bit of an albatross in trade talks. He has five years left on the seven-year, $49MM pact he signed in Calgary in free agency in 2022, and few teams for which a Kadri pickup makes sense can stomach an incoming $7MM cap hit.

But if he can keep up last season’s pace, he’s worth the price of admission. While it was clear his 87-point platform campaign with the Avalanche in 2021-22 would be a one-hit wonder given his long history as a middle-of-the-lineup talent, he’s still produced above his previous career averages since joining the Flames. Last season was a strong one for Kadri, who led Calgary in scoring by a significant margin with 75 points in 82 games. He’s also displayed durability as he enters his mid-30s, playing in all 164 regular-season contests over the past two years.

He would be willing to waive his NMC “for the right environment,” Pagnotta said, which would likely be a return to the Eastern Conference. Kadri spent the first 10 years of his NHL career with the Maple Leafs before they traded him to Colorado in 2019.

Weegar is the best player of the three and sits as Calgary’s undisputed No. 1 defenseman after exploding for a career-high 20 goals and 52 points last season. Despite that production and continued team-best possession metrics, he’s flown under the radar after receiving outside Norris Trophy consideration during some lesser offensive performance while with the Panthers a few years back.

He has six more years left on his deal at a $6.25MM cap hit, a strong value proposition for a bonafide top-pairing defender. While a right shot, he can also play the left side comfortably. He’s also incredibly involved physically – his 194 hits were second on the Flames last year behind Martin Pospisil‘s 238. The Blues had some outside interest in Weegar around the draft, Pagnotta said, but a trade was never close.

Torey Krug To Undergo Ankle Surgery, Out For Season

Blues defenseman Torey Krug will undergo surgery to address pre-arthritic changes in his left ankle and will miss the entire 2024-25 season, general manager Doug Armstrong announced today. The team’s press release didn’t say when Krug will have the surgery performed.

It’s not an unexpected development. The team said season-ending surgery was a possibility in July when they announced that team doctors had detected pre-arthritic conditions in his ankle.

At the time, the team said Krug would “work to rehabilitate the injury through non-surgical interventions over the course of the next six to eight weeks” before determining whether surgery would be necessary. With those interventions failing, the 33-year-old will sit out the campaign.

Krug’s left ankle injury is a “cumulative result of a bone fracture suffered earlier in his playing career,” the Blues said earlier this summer. They didn’t state specifics, but it’s most likely the left ankle fracture he sustained in the second round of the 2018 playoffs while with the Bruins. It cost him the final game of their series loss against the Lightning, and he also missed the first 11 games of the 2018-19 season while recovering from the fracture.

The defender is now over halfway through the seven-year, $45.5MM contract he signed in St. Louis as an unrestricted free agent in 2020. He has three seasons remaining on the deal, which carries a $6.5MM cap hit.

While not a stark overpayment, especially as the salary cap begins to rise, Krug hasn’t met expectations with the Blues. Injuries are nothing new for the defender, who’s never played a full 82 games in a season, and he’s missed at least five games in all of his four seasons in St. Louis thus far. Last year’s 77 appearances were his most in seven years.

Krug was signed mainly to fill the void left on the St. Louis blue line by former captain Alex Pietrangelo, who left for the Golden Knights in free agency in 2020 just one year after leading the Blues to their first Stanley Cup in franchise history. At no point in his career has Krug been the all-around defender that Pietrangelo was, though, and that’s been reflected in his subpar possession numbers since heading west to Missouri.

In 255 games as a Blue, Krug has 22 goals, 124 assists and 146 points with a -23 rating while averaging 20:54 per game, slightly more usage than he saw during his nine years in Boston. With him on the ice at even strength, the Blues have controlled 49.0% of shot attempts and 47.7% of expected goals, per Hockey Reference.

Krug was only the Blues’ third most-used defenseman last season. His 21:58 average time on ice checked in behind Colton Parayko (23:52) and Nick Leddy (22:22).

Fresh offer-sheet acquisition Philip Broberg will likely get the first chance to replace the majority of Krug’s minutes. The 2019 eighth-overall pick by the Oilers, who the Blues signed to a two-year, $9.16MM contract last month that Edmonton declined to match, had 38 points in 49 games with the AHL’s Bakersfield Condors last season.

The skilled puck-mover has only seen limited NHL minutes in Edmonton, and thrusting him into top-four minutes out of the gate is a significant gamble for a Blues team with playoff aspirations. But doing so would make his pricey $4.58MM cap hit much more palatable.

They also have a solid backup option for Broberg in 26-year-old Scott Perunovich, whose development has been delayed by a series of significant injuries. Nonetheless, he’s still got a fair bit of offensive upside and had 17 assists in 54 contests for the Blues last year while averaging just 15:16 per game.

Cap-wise, the Blues will have ample flexibility this season with the option to place Krug on long-term injured reserve at any time. They have over $2MM in projected cap space with an open roster spot though, per PuckPedia, so that won’t be necessary to begin the season. They’ll keep him on standard injured reserve for as long as possible to accumulate cap space throughout the season.

Image courtesy of USA Today Sports.

East Notes: Demidov, Crosby, Mercer

One of Ivan Demidov‘s countrymen is optimistic the top-five pick will have a strong run of success in Montreal. Former Canadiens winger Alexander Radulov spoke to Sergey Demidov of Responsible Gambling about the 2024 fifth-overall pick and said Demidov will be “having a blast” when he likely begins his NHL career in the closing days of the 2024-25 season.

Yes, he will be pressured, and he should understand that,” Radulov said. “But he should turn that pressure to his advantage. In Quebec, fans understand hockey. If you give it all, they see it and appreciate it. They even have hockey on their five-dollar bill.

Radulov, who spent the 2016-17 season in Montreal, will be Demidov’s rival in the Kontinental Hockey League this season as the youngster takes on his first full season of professional hockey. Demidov, 19 in December, had one of the best seasons in Russian junior hockey history last year with SKA St. Petersburg’s U20 club, where he lit up the circuit for 60 points (27 G, 33 A) in just 30 games. He remains on SKA’s main roster two days ahead of their regular season opener, and all signs point to him starting his post-draft season with the main squad.

Elsewhere in the Eastern Conference:

  • Each day that passes without a Sidney Crosby extension means more anxiety for Penguins fans. The face of the franchise is entering the last season of his 12-year, $104.4MM contract and has been eligible to sign an extension since July 1, but there hasn’t been any news despite the two sides being reportedly close for months. Trade speculation will keep heating up the closer we get to training camp, influencing TSN’s Travis Yost to at least break down the likelihood of Crosby being moved at the trade deadline. “Imagine for a moment that the Penguins struggle early,” Yost writes. “It is precisely Crosby’s loyalty to the franchise that would suggest a trade could be fruitful: the returns even for a rental of Crosby would be extraordinary, and under the same assumption that Crosby’s loyalty is unwavering, he would return back to Pittsburgh (with possibly more help rostered as soon as 2025-26) on his retirement deal.
  • Could more teams follow in the Hurricanes’ footsteps and use deferred payments to help get long-term deals across the finish line? It’s at least something to look out for in the case of the Devils and RFA forward Dawson Mercer, posits James Nichols of New Jersey Hockey Now. New Jersey is down to $4.98MM in projected cap space, per PuckPedia, a figure Mercer’s AAV on a longer-term deal would likely eclipse by a slim margin. Deferring a small percentage of the contract until the end of the agreement would help it get across the finish line, at least from the team’s perspective. Whether Mercer is willing to accept the structure remains to be seen.

Salary Cap Deep Dive: Dallas Stars

Navigating the salary cap is one of the most important tasks for a front office.  Teams that can avoid total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful.  Those that don’t often see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2024-25 season.  This will focus more on players who are regulars on the roster versus those who may find themselves shuttling between the AHL and NHL.  All cap figures are courtesy of PuckPedia.  We begin with a look at the Central Division; next up is Dallas.

Dallas Stars

Current Cap Hit: $81,756,241 (under the $88MM Upper Limit)

Entry-Level Contracts

F Mavrik Bourque (one year, $894K)
F Wyatt Johnston (one year, $894K)
F Logan Stankoven (two years, $814K)

Potential Bonuses
Johnston: $318.75K
Stankoven: $82.5K
Total: $401.25K

It’s fair to say that Johnston has provided significant value on his contract so far.  After putting up 24 goals and 41 points in his rookie season, those numbers jumped to 32 and 65 respectively last year while also tying for the team lead in playoff scoring.  This is the type of player that the Stars will want to lock up on a long-term agreement.  However, that deal is going to be quite pricey.  At this point, if Johnston has even a similar performance this coming season let alone a more productive effort, he could be looking for $8MM or more on that second contract.  If their cap situation ultimately dictates a short-term second deal, it’s likely to come in around the $6MM range.

Stankoven was one of the top scorers in the minors last season before being recalled and was productive in a middle-six role.  Assuming he locks down a full-time spot this year, he could make a case for a longer-term second contract, one that is a bit too early to project at this point.  Bourque eventually took over as the top scorer at the AHL level with Stankoven’s departure and only got into one regular season game with Dallas.  That should change this season but unless he has a big year offensively, he’s someone who will likely wind up with a bridge deal for his second contract.

Signed Through 2024-25, Non-Entry-Level

F Jamie Benn ($9.5MM, UFA)
F Colin Blackwell ($775K, UFA)
F Evgenii Dadonov ($2.25MM, UFA)
F Matt Duchene ($3MM, UFA)
D Esa Lindell ($5.8MM, UFA)
D Nils Lundkvist ($1.25MM, RFA)
G Jake Oettinger ($4MM, RFA)
D Brendan Smith ($1MM, UFA)
F Sam Steel ($1.2MM, UFA)

When Benn signed this contract, he was among the top-scoring wingers in the NHL.  While he hasn’t been able to get to that level of production (high-80s in points) since then, he has rebounded nicely over the last couple of seasons, notching 78 and 60 points respectively.  While that’s not a great return on this price tag, he’s still producing like a core player.  Given his age when his next contract will begin (36), the AAV might be closer to the $5MM mark.  If he signs a one-year deal next time out, he’ll be eligible for performance incentives, similar to what Dallas had been doing with Joe Pavelski before his retirement.

Duchene was a late entrant to the free agent market last summer so the one-year, $3MM deal he signed then made sense for both sides, seemingly positioning himself for a raise and a multi-year guarantee this past summer.  Instead, he opted to stick around on the same contract, leaving some money and security on the table in the process.  It’s possible he agrees to do so again next summer but if he doesn’t, he could still land a three-year (or so) agreement closer to $4.5MM per season.  Dadonov wasn’t as productive as he was late in the 2022-23 season after being acquired but with 23 points in 51 games, he still provided a decent return on this deal.  He has indicated that he doesn’t want any early extension talks and has left the door open to finishing up his career in the KHL.

Steel had a decent season in the bottom six but his arbitration eligibility was a concern, resulting in him being non-tendered.  While he did have some interest elsewhere, he ultimately elected to remain with the Stars.  With that outside interest, Steel should be able to land this deal or a bit more next summer if he has a similar showing this season.  Blackwell struggled with injuries the last two seasons which certainly didn’t help his cause going into free agency.  Nonetheless, as a capable penalty killer who can play center in a pinch, he could rebuild his value with a good showing in 2024-25 and push past the $1MM mark on his next contract.

Lindell is one of the more intriguing defensemen league-wide who is heading into the final year of his contract.  When he signed this contract back in 2019, he was coming off a bridge deal and what looked like a breakout 32-point campaign.  If he could find another gear offensively, Lindell would become quite a bargain at this price point.  Instead, he hasn’t gotten back to that total since with his best output coming this past season at 26.  While Lindell is still a very capable defensive defender, the limited production will limit his market to an extent as will the fact he’ll be 31 when his next contract starts.  With the cap starting to go up, a small raise could be doable but if he wants a long-term agreement (seven or eight years), it wouldn’t be surprising if the AAV came in slightly below this, barring an offensive breakout in the coming months.

Lundkvist hasn’t been able to provide the secondary offensive contributions Dallas was hoping for when they moved a pair of draft picks (including a first-rounder) for him in 2022.  Then, when the playoffs came around, his playing time was just 4:28 per night in a dozen games when he wasn’t a healthy scratch.  Thus, it wasn’t entirely shocking that he was non-tendered to avoid arbitration although the fact he was brought back might have.  He’ll once again look to earn some trust from the coaching staff (and perhaps a small raise if he’s able to do so) but will be a non-tender candidate next summer as well.  Smith came over in free agency and is set to play a depth role.  Now 35, it’s likely he’ll be going year-to-year on similarly-priced contracts from here on out.

Signed Through 2025-26

D Matt Dumba ($3.75MM, UFA)
F Mason Marchment ($4.5MM, UFA)
F Jason Robertson ($7.75MM, RFA)

Robertson has emerged as a legitimate top-line star, notching 268 points in 238 games over the last three seasons.  Signing after a 41-goal effort, the two sides worked out a rare four-year bridge deal, one that gives Dallas some good value on the contract while also setting him up for a pricier contract in his final RFA-eligible campaign.  He’s owed a qualifying offer of $9.3MM with arbitration rights at that time and unless he struggles over the next couple of seasons, there’s a good chance he’ll push past the $10MM mark in 2026.  Marchment, meanwhile, rebounded nicely after a quiet first season in Dallas.  If he stays near the 50-point mark over the next two seasons, he’ll have demonstrated enough consistency to give him a much stronger market, especially with the premium typically given to power forwards.  That could push his next price tag past $6MM per season.

Dumba didn’t get the long-term deal he sought last summer, resulting in him taking a one-year pact with an eye on having more success this summer.  That didn’t exactly happen as he had a quiet season in Arizona before finishing up with Tampa Bay, putting him back on the open market in a similar spot.  Getting two years at this money was more due to his track record than his performance last season; he’ll need to rebound if he wants a chance to get past the $4MM mark again in 2026.

Signed Through 2026-27

G Casey DeSmith ($1MM, UFA)
D Ilya Lyubushkin ($3.25MM, UFA)
F Tyler Seguin ($9.85MM, UFA)

It was expected that the best was yet to come from Seguin when he signed this contract in 2018.  While his best showing came just after this contract was signed (in the last season of his old deal), he has struggled since then, only putting up more than 50 points just once, that coming last season when he got to 52.  He’s still a capable top-six player but this is a price tag that’s well above market value.  His next deal might check in closer to half of this one as a result.

Lyubushkin rarely plays above the third pairing but did well enough last season to command his best contract so far.  That said, unless he can take on a bit more of a workload, it’s hard to see him getting another raise in 2027 as this is already on the rich side for someone destined to play around 16-17 minutes a night.

DeSmith gave Vancouver a small boost at the backup goalie position last season but after being surpassed by Arturs Silovs on the depth chart in the playoffs, it was clear DeSmith would be going elsewhere.  He elected for stability and a winning environment over chasing top dollar, giving the Stars a reliable second-string option at a below-market cost.

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East Notes: Marchand, Hollowell, Norlinder

While Jeremy Swayman’s contract situation is rightfully getting the attention in Boston right now, Ken Campbell of The Hockey News highlights the other contract of note the Bruins will have to work out, which is an extension for Brad Marchand.  At the time he signed his team-friendly deal that carries a $6.25MM AAV, the talk was about how their top players left some money on the table to keep the core together.  Since then, David Pastrnak ($11.25MM AAV) and Charlie McAvoy ($9.5MM AAV) have signed pricey deals with Swayman believed to be looking for $8MM or more as well.  While Marchand is nearing the end of his career (he’ll be 37 when his next contract starts), Campbell wonders if he could be inclined to look to maximize his potential earnings this time around.  He adds that there have been no discussions about an extension between the two sides so far.

Elsewhere in the East:

  • With the Penguins lacking right-shot depth on the back end, Matt Vensel of the Pittsburgh Post-Gazette wonders if free agent addition Mac Hollowell could be this year’s version of Ryan Shea. Shea didn’t have any NHL experience heading into last season but wound up playing in 31 games.  Hollowell does have six games at the top level under his belt with Toronto in 2022-23 but spent last season with AHL Hartford, notching 44 points in 64 games.  Pittsburgh GM Kyle Dubas is familiar with Hollowell from their time in Toronto which could help his cause this coming season.
  • Free agent defenseman Mattias Norlinder has decided to decline the offer the Canadiens made to him over the weekend, relays Expressen’s Gunnar Nordstrom. Montreal non-tendered the 24-year-old in June after a quiet season with AHL Laval that saw him record just nine points in 50 games.  Norlinder’s agent indicated that his client’s preference was to play in an environment that would allow him more freedom offensively which has him wanting to play with MoDo, an organization he spent several years with previously.  However, the team lacks the budget to sign him and announced the creation of a crowdfunding campaign to raise $1MM SEK (a little under $100K in USD) to be able to get Norlinder signed.