NHL Rumor Mill – September 29, 2025
NHL Rumor Mill – September 29, 2025
More Connor McDavid contract speculation, the latest on Evgeni Malkin, a report on the Devils contract talks with Jacob Markstrom, an update on Evgeny Kuznetsov, and more in today’s NHL Rumor Mill.
COULD CONNOR MCDAVID’S NEXT CONTRACT BE LESS EXPENSIVE THAN EXPECTED?
SPORTSNET: During Friday’s episode of “32 Thoughts: The Podcast”, Elliotte Friedman speculated that Connor McDavid’s next contract could be less expensive than originally believed.

Edmonton Oilers captain Connor McDavid (NHL Images).
Friedman said that there was talk during the summer that the average annual value of McDavid’s next deal would be $16 million. “It’s gonna be lower than we thought,” he said.
“I think there are teams hoping McDavid does sign so they can say, ‘Hey, if he comes in, say for argument’s sake at $15.5 million, nobody’s getting more than Connor McDavid.’”
SPECTOR’S NOTE: It would be surprising if McDavid’s AAV is less than $16 million. The Edmonton Oilers will be thrilled to get him signed for that amount. If it is lower than expected, it could be because he’ll be on a one or two-year extension with an eye on a substantial raise in the near future.
However, I expect that number will be between $17 million and $18 million. McDavid remains the NHL’s top player, and he’ll want to be paid accordingly.
THE LATEST EVGENI MALKIN SPECULATION
PITTSBURGH HOCKEY NOW: Dan Kingerski debunked “the bubbling trade rumors” that the Florida Panthers should look carefully at acquiring Penguins center Evgeni Malkin as a replacement for sidelined Panthers captain Aleksander Barkov.
The rumors are based on misunderstood comments made by Malkin recently when asked whether he’d consider a trade to a contender. He mentioned Brad Marchand going to the Panthers last season as a good story, but said he didn’t know how he would feel if the Penguins wanted to trade him.
Nevertheless, Kingerski wondered if Marc-Andre Fleury’s return to Pittsburgh to say goodbye on his own terms might affect Malkin’s thinking about waiving his no-movement clause. The Panthers might be a good short-term fit, but they don’t have much trade bait in terms of prospects. Kingerski believes young Panthers forward Mackie Samoskevich would have to be part of the return.
SPECTOR’S NOTE: Malkin and the Penguins will let this season unfold and see how things shake out. General manager Kyle Dubas said he’d meet with the 39-year-old center during the Olympic break in February to discuss his future.
As for Malkin going to the Panthers, they could have other targets in mind besides an aging future Hall of Famer whose best seasons are behind him and whose style of play is different from Barkov’s.
EVGENY KUZNETSOV IS STILL HOPING TO SIGN WITH AN NHL TEAM
RG.ORG: Daria Tuboltseva reports Evgeny Kuznetsov hasn’t given up on his desire to return to the NHL.
The Toronto Maple Leafs and Florida Panthers are reportedly considering the possibility of signing the 33-year-old center.
“Evgeny wants to play in the NHL,” a source told Tuboltseva. “Right now he’s waiting on Toronto’s decision, though Florida is also an option.”
SPECTOR’S NOTE: Recent reports out of Toronto claimed the Maple Leafs could move a forward because they have a logjam up front. Unless there has been a change in those plans, Kuznetsov doesn’t appear to be a fit there.
Meanwhile, the Panthers are reportedly looking within their ranks to offset Barkov’s absence for now. They could consider making additions later in the season, but it could take months before they reach that point.
LATEST ON JACOB MARKSTROM’S CONTRACT TALKS WITH THE DEVILS
NEW JERSEY HOCKEY NOW: James Nichols cited a report by ESPN’s Kevin Weekes claiming the Devils offered goaltender Jacob Markstrom an extension with an AAV of around $5 million. It’s unknown what the term would be, or if Markstrom rejected the offer.
Markstrom, 35, is eligible to become an unrestricted free agent next July. He’s in the final season of a six-year contract with an AAV of $6 million.
THE LATEST ON THE FLAMES
SPORTSNET: Eric Francis reports the Calgary Flames are still determining whether Devin Cooley or Ivan Prosvetov will become their backup goaltender this season.
One of them will end up on waivers before being sent to their AHL affiliate. It’s doubtful they would clear, as several teams have expressed an interest in Cooley, and a handful were bidding to sign Prosvetov before he joined the Flames.




