Headlines

Go To MLB Trade Rumors
Go To Hoops Rumors

Transactions

Red Wings Sign Lucas Raymond To Eight-Year Extension

at CDT | by 5 Comments

One major domino has fallen for the Detroit Red Wings as the team announced an eight-year, $64.6MM extension for forward Lucas Raymond. The deal will pay Raymond an AAV of $8.075MM over the life of the contract and he will don the winged wheel until the 2031-32 NHL season. TSN’s Pierre LeBrun later reported that there are no signing bonuses within the contract and Raymond will be granted a no-trade clause for the last four years.

It ends a summer of uncertainty for Raymond as the Red Wings waited until just three days before training camp to lock up one of their most promising forwards. Detroit still needs to sign restricted free agent defenseman Moritz Seider to a deal before the start of the year and will now have just under $8.75MM available in cap space to do so.

The Red Wings selected Raymond with the fourth overall pick of the 2020 NHL Draft in the second year of general manager Steve Yzerman’s tenure. He spent that year and the next with the SHL’s Frolunda HC scoring 10 goals and 28 points in 67 games from 2019-2021.

Raymond joined the Red Wings without ever having played a game for their AHL affiliate in Grand Rapids making his NHL in the 2021-22 season. Raymond skated in all 82 games for Detroit scoring 23 goals and 57 points finishing fourth in Calder Trophy voting behind Michael Bunting, Trevor Zegras, and Seider. He quickly became the most effective forward on the team behind Tyler Bertuzzi and Dylan Larkin after finishing third in scoring, third in shot attempts, and third in CorsiFor%.

He took a small step backward in his sophomore campaign as he only put up 17 goals and 45 points in 74 contests. Nearly every aspect of Raymond’s game depressed after his rookie season from the eye test to more advanced statistics. Most of the blame could be that Raymond totaled 96 games from 2019-2021 and was now called upon to play 164 against the world’s best hockey talent.

Raymond showed off his full potential in the 2023-24 season by scoring 31 goals and 72 points in 82 games leading the team in the latter category. He finished 21st in goal-scoring in the Eastern Conference and 24th in points. His 19.0% shooting percentage dramatically eclipsed his career average of 12.6% and his takeaways almost doubled his giveaways.

He has not shown much defensive prowess up to this point but the Red Wings should receive good value on this deal if he can reach a point-per-game level. He is second in scoring amongst all players selected in the 2020 NHL Draft behind Tim Stutzle of the Ottawa Senators and he does not appear close to losing that position.

Raymond will be entering his age 30 season at the end of this contract which positions him well to land another pay day in the future. The Red Wings are looking to return to the Stanley Cup playoffs for the first time since the 2015-16 season and the team hopes that Raymond will be a major piece in their renaissance.

Photo courtesy of USA Today Sports Images.

Red Wings Sign Jonatan Berggren

at CDT | by 4 Comments

The Red Wings have signed restricted free agent winger Jonatan Berggren to a one-year deal worth $825K, per a team announcement.

It’s a fair pact for a player looking to return to a regular NHL role in 2024-25. After recording 15 goals and 28 points in 67 games during his rookie campaign in 2022-23, the 24-year-old Berggren spent most of last season with the Wings’ AHL affiliate, the Grand Rapids Griffins. He was limited to 12 NHL appearances in various call-ups throughout the year, still managing a pair of goals and six points while averaging 10:52 per game.

Detroit general manager Steve Yzerman hoped to save Berggren’s deal until after they came to terms with a pair of household-name RFAs in Lucas Raymond and Moritz Seider, but it wasn’t to be. David Pagnotta of The Fourth Period reported earlier this month that having Berggren signed by the time training camp begins was a must for the Wings, giving him a full-length runway to reclaim a roster spot over the coming weeks.

Raymond and Seider remain without deals and will officially be training camp holdouts if they don’t sign by Wednesday morning. After signing Berggren, the Red Wings have $16.82MM in cap space to accommodate the RFA duo, per PuckPedia.

Despite the demotion, Berggren was electric in Grand Rapids. The 2018 second-rounder led the Griffins in scoring with 56 points (24 G, 32 A) in 53 games and added 10 points in nine playoff contests.

Even upon Raymond’s return, Berggren has a decent shot at claiming a top-nine role in Detroit this season with Robby Fabbri, David Perron, and Daniel Sprong out of the picture. If he holds out into the regular season, Berggren could even serve as a top-six placeholder for his countryman.

Berggren is no longer waiver-exempt, so the Red Wings would likely lose him to another club if they attempt to send him back to Grand Rapids again. He’ll have arbitration rights if he reaches restricted free agency next summer.

Penguins Sign Sidney Crosby To Two-Year Extension

at CDT | by 13 Comments

The Penguins have signed captain Sidney Crosby to a two-year, $17.4MM contract extension, the team announced. It carries a cap hit of $8.7MM.

Crosby’s deal will be paid out mostly in signing bonuses, per PuckPedia. He’ll earn $780K in base salary with a $9MM signing bonus in 2025-26 and a $1.09MM base salary with a $6.53MM signing bonus in 2026-27. As suspected, his contract includes a full no-move clause.

In an instant, a giant cloud that would have loomed over Pittsburgh’s training camp later this week dissipated. The two-year pact ends an unexpected extension saga that began two months ago after reports that Crosby and the Pens were finalizing a deal went unfulfilled.

Some anxiety returned when Elliotte Friedman of Sportsnet said on the “32 Thoughts” podcast earlier this month that Crosby was still weighing multiple extension offers from the Penguins but had yet to put pen to paper because he wasn’t sure whether he’d be able to “handle” missing the playoffs on a retooling club while still performing at an elite level. The 37-year-old told Friedman last week that he was “pretty optimistic” an extension would be done before training camp.

The two-year length shouldn’t come as a surprise to anyone. It allows the Penguins more salary cap flexibility in the future should the aging curve finally come for Crosby, as alluded to by Friedman on Friday, and it also gives him another opportunity to move on from Pittsburgh in 2027 should the Penguins’ record not return to a meaningfully competitive level.

Entering his 20th season, Crosby is still the heart and soul of hockey in Pittsburgh. The 2005 first-overall pick finished ninth in both Hart and Selke Trophy voting last season after leading the Penguins in goals (42), assists (52), points (94), and shots on goal (278).

“There are no words to properly describe what Sidney Crosby means to the game of hockey, the city of Pittsburgh and the Penguins organization,” said general manager Kyle Dubas. “Sidney is the greatest player of his generation and one of the greatest players in the history of the game. His actions today show why he is one of hockey’s greatest winners and leaders. Sid is making a tremendous personal sacrifice in an effort to help the Penguins win, both now and in the future, as he has done for his entire career.”

Crosby could have become an unrestricted free agent for the first time next summer without an extension. The three-time Stanley Cup champion is entering the final season of the 12-year, $104.4MM mega-deal with an $8.7MM cap hit he signed in 2012. The first deal he signed following the expiry of his entry-level contract, a five-year, $43.5MM pact that covered from 2008-09 to 2012-13, also had an $8.7MM AAV.

He is still playing at a superstar level, yet this is a much more cost-effective contract for Pittsburgh than his previous ones. That first extension cost 15.34% of the cap when it went into effect in 2008, while today’s deal takes up just 9.89% of the salary cap at its start. That’s not to say his previous deals weren’t bargains, though – The Athletic’s Dom Luszczyszyn estimates Crosby has left roughly $43MM on the table throughout his career by taking deals lower than market value.

Assuming a $92MM salary cap for 2025-26, the Pens have $23.3MM in projected cap space for next season with seven open roster spots, per PuckPedia. They only have one notable pending RFA, fresh trade pickup Cody Glass. But there’s a decent slate of pending UFAs on Pittsburgh’s books, headlined by defenseman Marcus Pettersson. Those extension talks are expected to shift into high gear with Crosby’s deal becoming official.

Crosby sits 21st in league history in goals (592), 14th in assists (1,004), 10th in points (1,596), and eighth in points per game (1.25) among players with at least 500 appearances. The latter is the most telling stat, with concussions costing ’Sid The Kid’ a good chunk of his prime in the early 2010s. He was rightfully named among the 100 greatest players in NHL history during the league’s centennial celebration in 2017.

The Penguins have missed the playoffs in back-to-back seasons, their first time outside the playoff picture since Crosby’s rookie season in 2006. Both sides hope Crosby’s discount deal helps them return to form.

Image courtesy of USA Today Sports.

Devils Sign Andy Welinski To PTO

at CDT | by Leave a Comment

The Devils have signed defenseman Andy Welinski to a professional tryout, general manager Tom Fitzgerald announced Monday. The team also confirmed that former Sharks forward Kevin Labanc will be in camp, as initially reported Sunday by Sheng Peng of San Jose Hockey Now.

Welinski, 31, hasn’t seen NHL ice since he was a part of the Ducks organization in the 2020-21 season. The Anaheim 2011 third-round pick has 46 games of NHL experience – all in Orange County – with a goal, five assists, six points, and a -2 rating while averaging 15:46 per game.

The organizational depth defender has been an AHL fixture in recent years. After a PTO with the Blues last year proved unsuccessful, Welinski settled for an AHL contract with the Iowa Wild. He posted 10 points in 27 games with the Minnesota affiliate before being sent to the Panthers organization at the minor-league trade deadline. He went without a point in eight appearances for the Charlotte Checkers.

Welinski looks to earn his first NHL contract in camp with the Devils since inking a two-way pact with the Rangers for 2022-23. The native of Duluth, Minnesota, is still a capable veteran puck-mover at the AHL level and would benefit New Jersey’s affiliate, the Utica Comets, especially early on in the season. They’ll likely be without a regular for the first few weeks of the campaign with Luke Hughes out with a shoulder injury, creating a ripple effect that will have one of the Comets’ top names on the NHL roster as a reserve on opening night.

In parts of nine AHL seasons, Welinski has 42 goals, 110 assists, 152 points, 119 PIMs, and a -17 rating in 319 appearances.

Canucks Sign Dylan Ferguson To PTO Deal

at CDT | by 1 Comment

The Canucks have been looking for some goaltending insurance with Thatcher Demko’s lingering injury.  They’ve found an extra netminder for training camp as the team announced (Twitter link) that they’ve signed Dylan Ferguson to a PTO agreement.

The 25-year-old spent last season in the KHL after being non-tendered last summer.  He played in 23 games with Dinamo Minsk, posting a 9-9-0 record along with a 2.51 GAA and a .904 SV%, putting him 30th and 46th respectively in those categories.

Ferguson has three career NHL appearances under his belt, one with Vegas in their inaugural season and two with Ottawa in the 2022-23 campaign.  In between those outings, he has spent parts of four seasons in the minors but played only sparingly due to injuries, getting into just 29 games overall where he put up a 2.56 GAA and a .915 SV%.

As things stand, Arturs Silovs is set to serve as the starter in Demko’s absence with free agent signing Jiri Patera – formerly Ferguson’s teammate in Vegas – operating as the backup.  That could give Ferguson a chance to battle for minutes with Nikita Tolopilo and Ty Young who are both on their entry-level deals.  While it seems unlikely that Ferguson would get an NHL deal at this time, if he does, he can be controlled through the 2025-26 season.

Toronto Maple Leafs Sign Jani Hakanpää

at CDT | by 3 Comments

Sunday: Toronto has officially registered the contract, per PuckPedia.  The deal contains a signing bonus of $695K and a base salary of $775K, the league minimum.  Hakanpää also received an eight-team no-trade clause.

Wednesday: Defenseman Jani Hakanpää’s eventful trip through unrestricted free agency ended after an offseason full of speculation. The Toronto Maple Leafs made public that the team has signed Hakanpää to a one-year contract worth $1.47MM.

Back at the beginning of the offseason on July 1st TSN’s Darren Dreger reported that the Maple Leafs and Hakanpää agreed to a two-year contract with Sportsnet’s Elliotte Friedman relaying a $1.5MM cap hit each season. Mum was the word after that as Toronto never registered the contract with the league offices as Hakanpää’s knee injury became a cause for concern. Hakanpää’s year during the 2023-24 season was cut short on March 16th as he underwent an arthroscopic procedure.

After debating whether or not Hakanpää would be healthy enough to play on Toronto’s blue line the team ultimately decided to mitigate their risk with a one-year deal. Despite the relatively low cap hit it complicates an already tight Maple Leafs’ cap structure. The team entered the afternoon with approximately $400K in salary cap room according to PuckPedia and Hakanpää’s salary will now put them in negative territory.

The risk may be solid as Hakanpää’s last three years with the Dallas Stars were more than quality. He scored a mild 12 goals and 40 points over 226 games but his 668 hits and 363 blocked shots over that span made him one of the more physically oppressive defensemen in the league. The Stars played a suffocating style on defenseman and Hakanpää was one of the reasons their structure became so restrictive for opponents.

There won’t be much expectation for high levels of ice time at 5on5 play for Hakanpää but he should see a healthy amount of minutes on the team’s penalty kill. He jumps from a penalty kill ranked 8th last season to one that was ranked 23rd. He also should help Toronto keep the puck out of their net. The team wasn’t horrible in that category last season by any stretch of the imagination but their 3.18 GA/G did rank 21st in the league which could be improved upon.

His benefit to Toronto’s blue line will only be important if he is available making his knee injury something to monitor. If he can play much of the regular season the Maple Leafs’ defense will certainly be nastier to play against this year, especially after factoring in the team’s free addition of Chris Tanev earlier in the summer.

Columbus Blue Jackets Sign James Van Riemsdyk

at CDT | by 5 Comments

4:56 PM: The Blue Jackets made the deal official according to a team announcement. Waddell said, “James van Riemsdyk has been a very consistent, productive player throughout his career and bringing him to Columbus will not only provide depth to our group up front, but also valuable leadership and another veteran presence in our dressing room“.

3:34 PM: TSN’s Chris Johnston is reporting the Columbus Blue Jackets have signed UFA forward James van Riemsdyk. A few moments later, David Pagnotta of The Fourth Period reported that it would be a one-year, $900K contract for van Riemsdyk in Columbus.

The veteran sniper will join the fourth team of his career as the Blue Jackets inch closer to the salary cap floor. It was reported only yesterday that Columbus would be looking to add up front after moving on from Patrik Laine this summer and the tragic loss of winger Johnny Gaudreau at the end of last month. Forward Justin Danforth is not expected to be ready for the start of the regular season due to a wrist injury that knocks the Blue Jackets down to 10 healthy forwards. Putting together a complete lineup is more forward in the mind of general manager Don Waddell, as there isn’t an expectation the team will be penalized for starting the year under the salary cap floor.

JVR is no longer the offensive threat he used to be with the Philadelphia Flyers and Toronto Maple Leafs but should reasonably add some punch to the middle-six of Columbus’ forward core. He’s coming off a one-year deal with the Boston Bruins in which he scored 11 goals and 38 points in 71 games while also skating in his 1000th NHL contest. Most of his points in Boston came in the first half of the season, with seven goals and 29 points through the first 41 games. He only managed four goals and nine points in the last 30 games without having a major decline in ATOI.

Columbus can reasonably expect 30 to 35 points from JVR this year but his real value may come through his leadership skills. He made it to the Stanley Cup Final in his rookie campaign with the Philadelphia Flyers in 2009-10 with seven more appearances in the postseason since. He’s scored over 300 goals at the NHL level and could be a tremendous teacher to the number of young guns on the Blue Jackets’ roster.

He may become a buy-low trade candidate this season for contending teams looking to add scoring in their bottom six. The Blue Jackets are not expected to compete, and van Riemsdyk’s $900K salary will be more than affordable for interested parties. The now second-oldest player in Columbus will have to take advantage of the first half of the year if he hopes to compete for a Stanley Cup by the end of next season.

Islanders To Sign Artyom Kudashov To PTO

at CDT | by 3 Comments

The New York Islanders reportedly have brought in defensive prospect Artyom Kudashov on a professional tryout agreement according to Stefen Rosner of The Hockey News. Kudashov, 19, will attend the Islanders’ rookie and training camp over the next several weeks hoping to earn a contract.

Kudashov will be the second player poached by the Islanders this summer from the KHL if he signs a contract joining Maxim Tsyplakov who signed his entry-level deal in May. He doesn’t carry the same pedigree as Tsyplakov so he must earn his spot on the team before New York offers him a contract.

It won’t be the first time he’s skated with an NHL team as the undrafted Russian skated with the Philadelphia Flyers during their summer camp. According to Rosner, the Islanders took an interest then and followed him back overseas while he started the 2024-25 KHL season with Dynamo Moskva.

He spent much of last year with Dynamo’s MHL team scoring five goals and eight points in 21 games. His time in the KHL wasn’t as fruitful with Kudashov failing to put up any points in 25 contests. He considers himself a two-way defenseman but leans much heavier into the defensive side — something New York could use at all levels of their organization.

Artyom is excited about an NHL opportunity after watching his father, Alexei Kudashov, play 25 games for the Toronto Maple Leafs in the 1993-94 season. Given that New York could use two-way depth on defense, Kudashov should have every opportunity to earn himself a two-way contract out of camp.

Markus Niemeläinen Signs In Germany

at CDT | by Leave a Comment

Ex-Oilers defenseman Markus Niemeläinen is headed back to Europe, signing a one-year deal today with Germany’s Eisbären Berlin.

The 26-year-old was a Group VI unrestricted free agent this summer after the two-year, $1.53MM deal he inked with Edmonton in 2022 expired. The Oilers buried Niemeläinen, a 2016 third-round pick, with the AHL’s Bakersfield Condors for all of last season despite his deal carrying a one-way structure.

A stay-at-home defender, the 6’6″, 190-lb Niemeläinen struggled to make much of an impact after arriving in North America in 2021. He did get an extended look in the NHL, making 43 appearances for the Oilers across the 2021-22 and 2022-23 campaigns, but he recorded just one assist with a -2 rating, 28 shots on goal, and 143 hits while averaging 11:30 per game.

While he was involved physically, it didn’t translate into a positive defensive impact. The Oilers controlled 48.1% of shot attempts and 47.7% of expected goals with Niemeläinen on the ice at even strength in his NHL minutes, subpar numbers given his average-difficulty usage on an otherwise strong possession team.

Niemeläinen also made 120 appearances for Bakersfield in parts of four seasons stateside in the Edmonton organization, where he had seven goals and 16 assists for 19 points in 26 games with a +10 rating. The Finnish defender now lands in Germany for the first time. He does have somewhat of a résumé in the European pros, winning a Liiga championship with HPK in 2019.

Islanders Sign Matt Martin To PTO

at CDT | by 9 Comments

The Islanders are bringing back a familiar face, according to general manager Lou Lamoriello, who told reporters today that they’ll have veteran enforcer Matt Martin in training camp on a PTO (via Ethan Sears of the New York Post).

It’s an unsurprising move for both sides at first glance. Martin, 35, has spent 13 of his 15 NHL seasons on Long Island, racking up 823 appearances since they drafted him in the fifth round in 2008. Aside from a brief detour in Toronto from 2016 to 2018, the heavy hitter has only signed contracts with the Islanders, including his most recent one – a four-year, $6MM pact that expired this summer.

But this is a bit of a course reversal from Lamoriello, who said last month he was unlikely to bring back Martin or longtime linemate Cal Clutterbuck. He’ll hold true to the latter half of that statement, though, confirming today Clutterbuck was not offered a PTO (per Newsday’s Andrew Gross). Martin said a couple of weeks ago that he was intent on returning to the Isles with a chance at playing his 1,000th career regular season game in 2024-25.

Martin posted four goals and four assists in 57 games last season, pacing just slightly south of his career offensive averages while averaging 9:19 per game. He finished second on the team in PIMs (43) and fifth in hits (151). He has 1,158 career PIMs in 955 games.

If Martin manages to land a deal, it’ll likely be a league-minimum pact and could result in him being waived for the first time in his career. The Islanders do have an open roster spot but are completely capped out with $0 in projected space, per PuckPedia. If he’s sent to the minors, it would be his first time suiting up for AHL Bridgeport since the 2010-11 season.

Pro Hockey Rumors is not affiliated with National Hockey League, NHL or NHL.com

scroll to top