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Capitals Re-Sign Ethen Frank, Chase Priskie, Mitchell Gibson

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July 1, 9:01 a.m.: Washington has made both of these depth extensions official, also inking RFA goalie Mitchell Gibson to a one-year, two-way deal ($775K NHL/$100K AHL). Gibson, 25, was a fourth-round pick of the Caps in 2018. Last year was his first pro season after a four-year career at Harvard. He played mostly with the ECHL’s South Carolina Stingrays, recording a .899 SV%, 2.56 GAA and three shutouts in 42 games.

June 30, 8:14 p.m.: Just hours after issuing a qualifying offer to Ethen Frank, the Capitals have reached an agreement on a new contract with him.  PuckPedia reports (Twitter link) that they’ve re-signed the forward to a two-year contract.  The NHL portion is the minimum of $775K in both years while the AHL salary is $250K next season before converting to a one-way agreement for 2025-26.

Meanwhile, PuckPedia adds (Twitter link) that the Caps have also re-signed pending UFA blueliner Chase Priskie to a one-year, two-way agreement.  The deal pays $775K in the NHL and $400K in the minors.

Frank only has two full professional seasons under his belt after a five-year NCAA career.  In his rookie campaign, the 26-year-old put up a strong 30 goals and 19 assists in 57 games with AHL Hershey.

This past season, he followed it up with a similarly strong showing, notching 29 goals and 18 assists in 64 regular season games.  Despite that, he didn’t receive a recall from Washington during the season.  Frank finished up on a high note, collecting 10 goals and seven assists in 18 postseason appearances, helping the Bears take home the Calder Cup.

As for Priskie, the 28-year-old has four career NHL appearances under his belt from 2021-22 with Florida but has played exclusively in the minors since then.  This season, he had eight goals and 26 assists in 69 games with Hershey before adding 14 more points in 20 playoff contests.  He’s in line to play a big role for them again next season.

Panthers, Sam Reinhart Agree To Eight-Year Deal

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8:33 a.m.: Florida has made Reinhart’s extension official.

6:56 a.m.: The Panthers managed to get top pending UFA right winger Sam Reinhart signed to a max-term, eight-year extension before last night’s midnight ET deadline, per multiple reports (including Pierre LeBrun of TSN and The Athletic). As such, last year’s 57-goal man is off the market and will stay with the defending Stanley Cup champions through the 2031-32 season. The deal will carry an annual cap hit of $8.625MM, per Sportsnet’s Elliotte Friedman.

They ran close to the deadline, but Florida has found a way to sign Reinhart to the maximum extension after a career-defining year on the team’s top line. Reinhart chased history, with his 57 goals the most scored by any Panther in the club’s history, save for Pavel Bure. Reinhart added 37 assists, bringing his scoring up to a career-high 94 points in 82 games. The totals trump his previous career-high of 82 points – set during his first year with the Panthers in 2021-22. But it wasn’t just all offense, as Reinhart also finished fourth in Selke Trophy voting – the first behind finalists Aleksander Barkov, Jordan Staal, and Auston Matthews.

Reinhart achieved his scoring on the back of fantastic shooting any time he came close to the slot. That made him all the more dangerous when he had extra space on the power play, with Reinhart scoring a league-leading 27 goals on the man advantage this year. He kept things hot in the postseason, too, with nine goals and 15 points in 22 games – one more goal and assist than he managed in 21 playoff games last year.

Florida acquired Reinhart’s rights in July of 2021, trading away the rights to goaltender Devon Levi and the first-round selection used on Jiri Kulich. The deal, most notably, freed Reinhart from a middling Sabres team. Reinhart had found success in Buffalo, scoring 20 goals in five of his six seasons with the Sabres and flirting with the 50-point mark. But with little support around him, Reinhart was tasked with the duties of play-driving and even taking faceoffs, pulling him away from the high-tempo offense he clearly prefers.

That role has changed with the Panthers, who have been much more content to let Reinhart play a shoot-first game from the wing. That’s certainly helped along by Florida’s much-improved center depth, headlined by the incredibly quick and always-responsible Barkov. The change has clearly inspired something within Reinhart, who’s posted 121 goals and 243 points across 242 games with the Panthers.

Reinhart now receives the contract of a lineup staple, though surprisingly avoiding the illustrious $9MM figure that many top players are seeking. Only 11 players have scored 50 or more goals in the last five seasons. Of them, Chris Kreider is the only other player not making at least $9MM. He instead carries a very team-friendly $6.5MM cap hit through the next three seasons. Florida couldn’t get so lucky to sign Reinhart to that kind of deal, but they’ll come close by keeping him under $8.75MM.

With a new deal in place, Reinhart is destined for a starring role in Florida for as long as he can hold onto it. Meanwhile, the team will now enter the open market with $10.892MM in cap space. They still need to re-sign restricted free agents Anton Lundell and Josh Mahura – and will still sit three forwards and one defender shy after those deals. That could set them up for a few meager additions on the open market, though strained cap space could have Florida instead looking to promote players like Mackie Samoskevich, Rasmus Asplund, or Michael Benning.

Image courtesy of USA Today Sports.

Hurricanes, Jaccob Slavin In Agreement On Eight-Year Extension

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July 1: Slavin’s extension today will be an eight-year deal with a cap hit of $6.43MM, Daily Faceoff’s Frank Seravalli reports.

June 14: A large slate of pending free agents still plagues Hurricanes interim general manager Eric Tulsky’s to-do list over the next few weeks, but as previously reported, it’s not the organization’s only top priority. The team has all but agreed to terms on an extension for defenseman Jaccob Slavin, which should be announced promptly when he becomes eligible to sign on July 1, Elliotte Friedman of Sportsnet said on Friday’s “32 Thoughts” podcast.

Slavin, 30, is entering the final season of a bargain-bin seven-year, $5.3MM AAV extension inked back in 2017.

It’s no surprise to see Carolina aggressively try to retain arguably their most consistent blue liner of the past decade amid an offseason of change that could see them lose both members of their second pairing, Brett Pesce and Brady Skjei, to unrestricted free agency. They’ve been discussing the framework of a deal for at least the past few weeks, per The Fourth Period’s David Pagnotta. The 6’3″ Colorado native would have been one of the top targets available on the UFA market in 2025 if he remained unsigned.

Slavin, who has finished top 20 in Norris Trophy voting for seven years in a row, has spent his entire career in Raleigh since being drafted by the Canes in the fourth round in 2012. Not only does getting an extension out of the way early quell any rumors of the franchise cornerstone leaving next summer, but it also provides them with an increased deal of cost certainty as the salary cap increases in 2025 and beyond.

It’s a stark contrast to their situation this summer, where nine everyday players are still pending free agents. They still have nearly $24MM in cap space to burn after inking defenseman Jalen Chatfield to an extension, which will likely all be used up as they navigate losing and replacing some top-of-the-lineup skaters.

The extension comes after a bit of an odd platform year for Slavin. After years of being the club’s de facto top-pairing anchor by ice time, head coach Rod Brind’Amour rolled three pairings almost equally at even strength after offseason signing Dmitry Orlov gave them five arguably top-pairing talents on the roster. With Orlov also taking away some special teams usage from Slavin, his ice time dipped to 20:56 per game, the lowest of his career.

That didn’t stop his offensive production from rebounding from last season’s disappointing figures, though. Slavin recorded 31 assists and 37 points, the second-most in a single season in his career. The Canes also controlled more than 60% of shot attempts with Slavin on the ice at even strength for the second year in a row.

Slavin served as part of Carolina’s leadership group last season along with Jordan Martinook and captain Jordan Staal. He and Chatfield will be the only defenders under contract for the 2025-26 season as the Canes look to build out their defense of the future.

Image courtesy of USA Today Sports.

Lightning Sign Jake Guentzel To Seven-Year Contract

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The Lightning have taken our No. 1-ranked UFA off the board. After acquiring his signing rights from the Hurricanes yesterday, they’ve locked in left winger Jake Guentzel on a seven-year, $63MM deal ($9MM cap hit), per a team announcement.

Pierre LeBrun of TSN and The Athletic has the full breakdown of the deal:

2024-25: $1MM base salary, $12.26MM signing bonus, no-move clause
2025-26: $1MM base salary, $8.95MM signing bonus, NMC
2026-27: $3.96MM base salary, $4MM signing bonus, NMC
2027-28: $1MM base salary, $6.96MM signing bonus, NMC
2028-29: $1MM base salary, $6.96MM signing bonus, 10-team trade list
2029-30: $1MM base salary, $6.96MM signing bonus, 10-team trade list
2030-31: $1MM base salary, $6.96MM signing bonus, 10-team trade list

While many had questioned Guentzel’s value after spending nearly all of his eight-year NHL career stapled to Sidney Crosby’s wing in Pittsburgh, a trade deadline deal to Carolina proved beyond a reasonable doubt that he’s a top-flight first-line talent in his own right. The 29-year-old has averaged more than a point per game over the last six seasons, totaling 189 goals, 221 assists and 410 points in 398 games since his breakout 40-goal campaign with the Penguins in 2018-19.

Carolina acquired Guentzel at the trade deadline, hoping to get him signed to an extension as he hurtled toward free agency, but it wasn’t in the cards. Guentzel’s initial ask was a reported eight-year, $64MM deal ($8MM AAV), something the Hurricanes weren’t willing to meet until too late in the process, LeBrun said last week. He was excellent down the stretch while alternating between Carolina’s top two forward lines, ending the year with eight goals and 17 assists for 25 points in 17 games with a +16 rating. Playing mostly alongside Sebastian Aho in the playoffs, Guentzel continued his reputation as a strong playoff performer with four goals and five assists in 11 contests.

A third-round pick of the Penguins in 2013, Guentzel played a key role in the second of the Penguins’ back-to-back Stanley Cup championships in 2017. He led the league in playoff goal-scoring as a rookie, lighting the lamp 13 times in 25 games – five of which were game-winners.

It’s clear that Lightning GM Julien BriseBois is banking on Guentzel being a more expensive yet more sustainable long-term replacement for Steven Stamkos. Their longtime captain is expected to find a new home on the open market today after failing to come to terms on an extension.

In Tampa, Guentzel could form one of the most terrifying top lines in the league alongside Nikita Kucherov and Brayden Point. Kucherov is coming off a 100-assist, 144-point campaign that won him the second Art Ross Trophy of his career, while Point has hovered around the 50-goal mark for the past two seasons.

The Lightning have $7.5MM in projected cap space remaining for 2024-25 after the Guentzel signing, per CapFriendly. They still have six open roster spots, including newly acquired RFA defenseman J.J. Moser.

Image courtesy of USA Today Sports.

Jonathan Marchessault To Hit Open Market

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It appears the Jonathan Marchessault era in Vegas is over. The Golden Knights’ 2023 Conn Smythe Trophy winner didn’t agree to an extension as of last night and is set to find a new home in free agency today, Pierre LeBrun of TSN and The Athletic reports.

Getting a Marchessault extension done in Vegas was always going to be a difficult proposition without a significant cap-clearing move, something that hasn’t happened to date. He’s likely to command upward of $6MM annually on the open market, a figure that would have swallowed up all of the Golden Knights’ remaining space, even with goaltender Robin Lehner’s $5MM cap hit projected to remain on long-term injured reserve next season.

Among the teams expected to express interest in the 33-year-old today include the Devils, reports The Fourth Period’s David Pagnotta. They’re on the hunt for a top-six winger, especially after parting ways with prospect Alexander Holtz via trade to the Golden Knights and with Dawson Mercer and Ondřej Palát coming off underwhelming seasons.

Both Vegas and Marchessault were intent on a reunion, but today’s news isn’t the most surprising. LeBrun had indicated last week that Marchessault was preparing to move on from Sin City without an agreement in close reach.

The Québec native immediately becomes one of the most attractive goal-scoring options on the market and will almost certainly have a new home within hours. He’s coming off a career-high 42 goals for Vegas while also playing in all 82 games for the second time in his career. He added 27 assists for 69 points, six short of his career-high of 75 set with the Knights back in 2017-18. Some regression should be expected, though, as he shot 4.2% higher than his career average of 11.6% last year.

Rangers Sign Sam Carrick To Three-Year Deal

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The New York Rangers are expected to sign forward Sam Carrick to a three-year, $3MM contract per David Pagnotta of The Fourth Period (Twitter link). The deal was first reported by St. Louis Blues rinkside reporter Andy Strickland (Twitter link).

Carrick continued to improve his stat line this season – though he wasn’t focused much on scoring. Instead, Carrick recorded 111 penalty minutes in 77 games this season, a career-high in the NHL and the most he’s recorded since the 2014-15 AHL season. 90 of those penalty minutes came in 61 games with the Anaheim Ducks, though Carrick dialed things back a bit after moving to the Edmonton Oilers are the Trade Deadline. He recorded a much more modest 12 penalty minutes in 16 regular-season games with Edmonton, though he added 12 more penalty minutes in 10 postseason games. Between the two teams, Carrick also posted a meager 10 goals and 16 points.

Carrick is certainly not known for his scoring, with his career totals up to 53 points and 316 penalty minutes in 240 games after his eighth season in the NHL. But Carrick makes up for the lack of scoring with grit and intangibles, boasting a dazzling 63.1 faceoff-percentage in his brief stint with Edmonton – bringing his success rate at the faceoff dot up to 50.7 percent across his career. He’s served as a stout, bottom-line centerman with the ability to play penalty-killing minutes, when it’s not his own penalties that are being killed. He’ll offer depth down New York’s depth chart, following the loss of Alexander Wennberg to the open market.

Hurricanes Sign Eric Robinson

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The Carolina Hurricanes are expected to sign forward Eric Robinson to a one-year deal with a cap hit of $950K, per David Pagnotta of The Fourth Period (Twitter link). Robinson spent last season with the Buffalo Sabres, where he recorded nine points across 40 games.

Buffalo acquired Robinson in December, dealing a conditional 2025 seventh-round pick back to the Columbus Blue Jackets – though Columbus would only receive the pick if Robinson played in 45 games. He fell just shy of that mark and is now moving on from Buffalo, effectively giving the Sabres a trial run of his services.

Columbus originally signed Robinson as an undrafted free agent in 2018, following the end of his tenure at Princeton University. He spent the 2018-19 season with the AHL’s Cleveland Monsters, where he scored an evenly split 24 points in 45 games. The strong AHL year was enough to earn Robinson 13 appearances in the NHL that year, though he’d go without a point. Still, he caught the ice of someone in Columbus, and would earn a consistent role as the team’s extra forward in 2019-20. Robinson served that role proudly, and even managed a career-high of 10 goals and 27 points in the 2021-22 campaign.

Robinson couldn’t hang onto his modest scoring in Buffalo, as he faced hefty pressure for his role on the team’s fourth line. He should receive some relief with the Hurricanes, who sit three forward spots shy of a full roster with $23.874MM in cap space. Carolina still needs to re-sign or replace restricted free agents Martin Necas, Seth Jarvis, and Jack Drury – with the latter offering the most competition for Robinson’s spot on the bottom line.

Blackhawks Sign Tyler Bertuzzi To Four-Year Deal

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Multiple reports overnight indicate the Blackhawks are expected to land winger Tyler Bertuzzi when the UFA market opens at 11 a.m. CT today, although Daily Faceoff’s Jay Rosehill was on it first. It’ll be a four-year, $22MM deal ($5.5MM AAV), David Pagnotta of The Fourth Period reports.

Chicago will be Bertuzzi’s first turn after a one-year stint with the Toronto Maple Leafs. Bertuzzi joined Toronto on a one-year, $5.5MM deal last summer and proceeded to have a fine year, netting 21 goals and 43 points in 80 games. He also added four points in seven postseason games. It was a middling performance, though still a step up from Bertuzzi’s 2022-23 campaign.

He kicked off that year with 14 points in 29 games with the Detroit Red Wings before being traded to the Boston Bruins at the 2023 Trade Deadline in exchange for a 2024 first-round pick and a 2025 fourth-round pick. Bertuzzi managed a modest 16 points in 21 regular season games with Boston, though he found his spark when the team needed him – tallying 10 points, split evenly, in seven games during the 2023 Stanley Cup Playoffs.

Bertuzzi looked comfortable in Boston after spending the previous six seasons with the Detroit Red Wings. Detroit originally drafted Bertuzzi in the second half of the 2013 NHL Draft’s second round, promoting him to the NHL in the 2016-17 season. And while he was able to set a trend of topping 45 points each season in Detroit, there were concerns about how his rough-and-tumble style would translate to a new scene. That made a strong performance with the Bruins imperative – and Bertuzzi held up enough to convince Toronto that they were missing his top-of-the-lineup grit.

But Bertuzzi wasn’t able to carve out too comfortable of a role with the Leafs. He spent the year bouncing around the team’s top six as they looked for how to best deploy their new additions of Bertuzzi and Max Domi. In the end, it was Domi who found more comfort next to stars Auston Matthews and Mitch Marner – ultimately kicking Bertuzzi down to the second line. Toronto, amidst their typical cap crunch, was only expected to keep one of these new additions and made their choice by delivering a four-year extension to Domi.

That leaves Bertuzzi free to join an up-and-coming Blackhawks club. He joins the lineup as, presently, their highest-paid forward, speaking to the leadership role he’ll have over a group of young forwards, headlined by star youngsters Connor Bedard and Artyom Levshunov. Bertuzzi could vie for a role on Bedard’s line, sat opposite Taylor Hall, though it seems more likely that the Hawks keep Philipp Kurashev next to their star and use Bertuzzi to offer a punch on the second line. If that is the role he finds himself in, Bertuzzi will instead be supporting top prospect Frank Nazar, who’s poised for his rookie season after signing an entry-level contract this summer.

A four-year deal will carry Bertuzzi through his age-33 season in 2027-28. With Bertuzzi signed, Chicago now has $23.4MM in cap space, with one forward spot and three defense spots still open. Some of those roles could go to prospects like Nick Lardis, Ethan Del Mastro, or Nolan Allan – though Chicago still has plenty of budget for other free-agent additions.

Image courtesy of USA Today Sports.

Stars Re-Sign Sam Steel

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July 1, 6:08 a.m.: While the team hasn’t announced it, CapFriendly reflects that Steel’s deal has been signed.

June 30, 10:40 p.m.: Although he wasn’t tendered a qualifying offer earlier today, it looks like Sam Steel will be staying in Dallas.  Frank Seravalli of Daily Faceoff reports (Twitter link) that the center is expected to ink a one-year, $1.2MM contract to remain with the Stars.

The 26-year-old has actually been non-tendered in three straight years to avoid giving him arbitration eligibility which could have pushed the price tag higher than his previous teams wanted to pay.  That resulted in Anaheim letting him go in 2022 while Minnesota did the same last summer, paving the way for him to sign a one-year, $850K deal with the Stars on the open day of free agency last summer.

Steel had a quality year with Dallas in their bottom six, recording 24 points in 77 games while averaging a little over 13 minutes per game including nearly two minutes per night shorthanded.  He also suited up in all 19 playoff contests, picking up a goal and four helpers.

For his career, Steel has played in 339 NHL games between the Ducks, Wild, and Stars.  While he was a high-end scorer in junior, that hasn’t translated to the pros as he has just 43 goals and 74 assists in those appearances; the fact that he has become a capable defensive forward will help extend his career as it makes him a better fit to play in the bottom six.

In the end, Steel will wind up with a $350K raise, a pretty good outcome as it will be the first seven-figure contract of his career.  Meanwhile, the Stars were able to avoid the risk of going to arbitration while ensuring they can keep him at a rate they can afford.  With at least seven more players needed to fill out their roster, expect Dallas to be busy in the coming days.

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