NHL Morning Coffee Headlines – July 4, 2026

NHL Morning Coffee Headlines – July 4, 2026

The Flyers sign Ducks center Leo Carlsson to an offer sheet. Check out the reaction and the possibility of more to come, along with the rest of the notable news of the past 24 hours in today’s NHL Morning Coffee Headlines.

THE FLYERS SIGN LEO CARLSSON TO AN EXPENSIVE OFFER SHEET

THE ORANGE COUNTY REGISTER/PHILLY HOCKEY NOW: The Philadelphia Flyers signed Anaheim Ducks center Leo Carlsson to a five-year offer sheet on Friday worth an average annual value of $18 million.

Carlsson, 21, is a restricted free agent coming off his entry-level contract. He’s the Ducks’ first-line center, finishing second in scoring with a career-best 29 goals and 38 assists for 67 points in 70 games. He also finished second among their postseason scorers with 11 points in 12 games.

Anaheim Ducks center Leo Carlsson (NHL Images)

The $18 million AAV will make Carlsson the highest-paid player in the NHL for 2026-27, eclipsing Minnesota Wild winger Kirill Kaprizov’s $17 million AAV.

It’s up to the Ducks to decide if they’ll match the offer. They have seven days from the date of Carlsson’s signing to do so. Otherwise, they’ll receive four first-round draft picks from the Flyers. Those picks will be those belonging to the Flyers in each of the next four seasons. They cannot send the Ducks any first-rounders that they acquire from another team.

The Ducks have the salary cap space ($35 million) to match the offer. Doing so will leave them with just over $17 million in cap space, with restricted agent winger Cutter Gauthier and defenseman Pavel Mintyukov still to be re-signed.

Gauthier is ineligible to receive an offer sheet, but Mintyukov can sign one. According to PuckPedia, several teams have approached the latter’s agent about an offer sheet. It appears one could be formally made, leaving Mintuykov to decide whether to accept it.

Ducks general manager Pat Verbeek tried to warn off his peers by claiming his club would match any offer for Carlsson. Flyers GM Daniel Briere called his bluff, giving Verbeek a week to decide if he will do so. The Flyers need a first-line center for their young roster and see Carlsson as a perfect fit.

The Ducks and Flyers have a recent trade history. Gauthier’s unwillingness to join the Flyers prompted the trade that sent him to the Ducks in January 2024 for defenseman Jamie Drysdale. Last June, the Flyers acquired winger Trevor Zegras from the Ducks for a package that included center Ryan Poehling.

SPECTOR’S NOTE: Something tells me there won’t be any future trades between these two clubs for a while.

THE ATHLETIC: Eric Stephens believes the Ducks have no choice but to match the Flyers’ offer for Carlsson.

Doing so would be paying Carlsson much more than the Ducks had originally hoped to sign him for. TSN’s Chris Johnston indicated that the deal is front-loaded with signing bonuses paying Carlsson $19.95 million for 2026-27, $18.1 million in 2027-28, $17.05 million in 2028-29, $15.2 million in 2029-30, and $15 million in 2030-31.

It will also affect the Ducks’ efforts to re-sign Gauthier and Mintyukov, pushing the AAVs on their next contracts much higher than expected. That will use whatever remains of their cap space, leaving nothing to fill the remaining holes in their roster and in-season cap flexibility.

Nevertheless, Stephens argues that not matching would be much worse. The value of the draft picks they’ll receive as compensation will lessen if the Flyers continue to improve. The Ducks will be without a first-line center for the foreseeable future. Even if they use those first-round picks as trade bait to address that need, finding a suitable option could be difficult, especially if their potential targets have no-trade protection.

SPECTOR’S NOTE: The last time any team signed a player to an expensive offer sheet was in the summer of 2012, when the Flyers (!) inked Shea Weber of the Nashville Predators to a 14-year, $110 million offer sheet, which the Predators matched. That contract finally expired at 11:59 PM on June 30.

It’s a bold move by Briere, one that could be costlier than the big bite it will take out of the Flyers’ salary-cap payroll if the Ducks decline to match the offer.

Carlsson has established himself as a first-line center with the potential to become a superstar. However, he hasn’t yet reached the level where he deserves to be the league’s highest-paid player in terms of AAV. That’s going to have a wide-ranging effect on the cost of signing every comparable young NHL player, including those of the Flyers going forward (hello there, Matvei Michkov, if he has a significant bounce-back performance this season).

Another factor is the possibility that Carlsson struggles to adjust to a new club in one of the NHL’s bigger markets under a much harsher spotlight than he’s faced in Anaheim. He’ll definitely feel the pressure to meet the expectations that come with that massive annual cap hit.

If Carlsson adjusts quickly and meets those expectations, this signing could be remembered as the moment when the Flyers became a powerhouse. If he falters, it will be seen as the beginning of the end of Briere’s tenure as general manager.

For the Ducks, some folks believe this is karma biting Verbeek for his years of playing hardball with restricted free agents such as Drysdale, Zegras, and Mason McTavish, all of whom no longer play for the Ducks. They feel Verbeek could’ve avoided this had he signed Carlsson to a lucrative new contract on July 1 instead of trying to play the waiting game.

The Ducks are damned if they do and damned if they don’t. Most observers expect they’ll swallow hard and match the Flyers’ offer. Doing so will definitely screw up their salary cap for this season and complicate efforts to re-sign Gauthier and Mintyukov, especially if the latter signs an offer sheet. Letting Mintykov go will weaken their already thin blueline for this season.

CHICAGO SUN-TIMES: Ben Pope examined how the Carlsson offer sheet could affect the Blackhawks’ contract negotiations with center Connor Bedard. Like Carlsson, the 21-year-old Bedard is an RFA coming off his entry-level contract.

Pope doesn’t expect Bedard to sign an offer sheet. He pointed to several factors, including the latter’s desire to remain with the Blackhawks and his near-constant communication with GM Kyle Davidson. Nevertheless, even if Bedard doesn’t sign an offer sheet, Carlsson’s new contract will push up the price of re-signing the young Blackhawks star.

SPECTOR’S NOTE: Bedard’s next contract isn’t the only one that could be affected this summer by the Carlsson offer sheet.

Jason Robertson of the Dallas Stars could be an offer sheet target, as he recently rejected an eight-year contract offer worth $15 million annually from the Seattle Kraken as part of an attempted sign-and-trade deal. Adam Fantilli of the Columbus Blue Jackets could be a tempting option for clubs looking for a young first-line center.

COLORADO HOCKEY NOW: Aarif Deen speculated that Carlsson’s contract could have some effect on next summer’s crop of unrestricted free-agent superstars such as Avalanche defenseman Cale Makar.

SPECTOR’S NOTE: Carlsson’s $18 million AAV is now the benchmark for Makar and Minnesota Wild defenseman Quinn Hughes. Nikita Kucherov of the Tampa Bay Lightning is a little older than Makar and Hughes, but could definitely make the case to exceed $18 million annually after winning the Art Ross Trophy for the third time and the Hart Trophy for the second time.

IN OTHER NEWS…

THE DALLAS MORNING NEWS: Forward Jamie Benn, 36, will return for another NHL season. The long-time Stars captain signed a one-year contract with a base salary of $850,000, with an additional $1.15 million in performance bonuses.

TORONTO SUN: The Maple Leafs signed winger Gavin McKenna to a three-year entry-level contract. McKenna, 18, was the first-overall pick in this year’s NHL Draft.

NEW YORK POST: Madison Square Garden executive chairman and CEO James Dolan is handing over the day-to-day ownership responsibilities of the Rangers to his son, Quentin.

PITTSBURGH HOCKEY NOW: The Penguins signed Hendrix Lapierre to a two-year contract worth an AAV of $1.3 million. Lapierre, 24, was a restricted free agent with arbitration rights. The Penguins acquired him in a trade with the Washington Capitals on June 25.

TSN: The Utah Mammoth signed defenseman Andrew Peeke to a one-year, $1 million contract. Peeke, 27, was an unrestricted free agent coming off a three-year contract worth an AAV of $2.75 million.










NHL Rumor Mill – July 3, 2026

NHL Rumor Mill – July 3, 2026

Check out the latest on Dylan Larkin, Morgan Rielly, and Jake DeBrusk in today’s NHL Rumor Mill.

RED WINGS SEEK MATT BOLDY IN RETURN FOR DYLAN LARKIN

PUCK GONE WILD: Chris Schad recently cited Sportsnet’s Nick Kypreos, who claimed the Detroit Red Wings “would have no problem” trading center Dylan Larkin to the Minnesota Wild if they got Matt Boldy in return.

Detroit Red Wings captain Dylan Larkin (NHL Images).

Larkin, 29, included the Wild on his three-team list of destinations when he requested a trade last month.

According to Kypreos, apart from Boldy, there is nothing else that Red Wings general manager Steve Yzerman is interested in.

SPECTOR’S NOTE: Yzerman reportedly seeks a return with a good young NHL player for Larkin. Boldy won’t fill the Red Wings’ need for a first-line center once Larkin is traded, but he would address their need for a top-six winger.

Nevertheless, it’s unlikely that the Wild would part with Boldy for Larkin; otherwise, that trade would’ve happened by now. The Wild see themselves as a Stanley Cup contender with Boldy on the same line as their new first-line center. He also has terrific chemistry with superstar winger Kirill Kaprizov, so they’re not going to mess around with that.

It remains to be seen how the Larkin situation is resolved and whether the Wild will be his destination. However, they won’t part with Boldy to get him.

THE LATEST ON MORGAN RIELLY

TORONTO SUN: Terry Koshan reports there is nothing imminent regarding a trade for defenseman Morgan Rielly. Nevertheless, GM John Chayka and Rielly’s agent, J.P. Barry, will continue to try to get something done.

Rielly, 32, isn’t beating down Chayka’s door demanding a trade, and the Leafs GM has no desire to give him away for nothing. If a move takes place, it’ll be a hockey trade involving a player who can help the Maple Leafs.

If no trade happens this summer, Rielly will report to the Maple Leafs training camp in preparation for his 13th NHL season.

SPECTOR’S NOTE: So far, there is no sign that there are teams with serious interest in Rielly. Based on Chayka’s recent remarks, he has no issue with the veteran blueliner being in the Leafs lineup when the regular season begins in October.

UPDATE ON JAKE DEBRUSK

TSN’s Ryan Rishaug reported Wednesday that there was no dialogue between the Vancouver Canucks and Jake DeBrusk about waiving his no-trade clause. For now, it looks like he’s staying.

SPECTOR’S NOTE: I missed this during the blizzard of activity in the free-agent and trade markets on July 1. Since then, there’s no sign that this situation has changed for DeBrusk, but we’re still early in the offseason. The 29-year-old winger could draw more interest now that the free-agent market has been picked nearly clean of quality talent.

DeBrusk is signed through 2030-31 with an AAV of $5.5 million. He has a full no-movement clause but is reportedly open to waiving it to go to a contender. A playoff club seeking a second-line winger could come calling.










NHL Morning Coffee Headlines – July 3, 2026

NHL Morning Coffee Headlines – July 3, 2026

Alex Ovechkin returns for another season, Connor Bedard suffers a shoulder injury during training, the Flames trade Blake Coleman to the Wild, the Canadiens re-sign Jakub Dobes, and more in today’s NHL Morning Coffee Headlines.

THE HOCKEY NEWS: Alex Ovechkin is returning for a 22nd NHL season. The 40-year-old winger signed a one-year, bonus-laden contract with the Washington Capitals, with whom he’s spent his entire NHL career.

Washington Capitals captain Alex Ovechkin (NHL Images).

SPECTOR’S NOTE: PuckPedia indicates Ovechkin will receive a $1 million base salary, a $3.25 million signing bonus, and a $4.75 million performance bonus that could take him up to $9 million.

It seemed that the 2025-26 season would be Ovechkin’s last, but the Capitals’ recent additions to their roster (such as wingers Jordan Kyrou and Alex Tuch) may have helped to encourage him to return for one more run at the Stanley Cup. He’ll remain their captain but will take on a modified role with reduced minutes.

CHICAGO SUN-TIMES: Blackhawks superstar Connor Bedard suffered what appeared to be a shoulder injury during on-ice training in his hometown of Vancouver on Thursday. He lost his balance, fell awkwardly into the boards, and quickly skated off the ice holding his left shoulder.

Bedard suffered a similar injury to his right shoulder last December. He missed four weeks, but it was another month after his return before he was 100 percent.

SPECTOR’S NOTE: An update on Bedard’s condition is expected within the next several days.

CALGARY SUN/TWINCITIES.COM: The Calgary Flames traded winger Blake Coleman and defenseman Olli Maatta to the Minnesota Wild in exchange for defenseman Jake Middleton, a second-round pick in 2029, a third-round pick in 2027, and a fourth-round pick in 2028.

SPECTOR’S NOTE: Coleman, 34, had been the subject of frequent trade speculation for the past two seasons. He has a year remaining on his contract with a cap hit of $4.9 million, with the Flames retaining 50 percent. According to Flames general manager Craig Conroy, Coleman did not request a trade.

Coleman and Maatta will bring experienced depth to the Wild on the wing and their blueline. However, they don’t address the club’s ongoing need for a first-line center. They have just over $2.3 million in cap space and are reportedly the main suitor for Detroit Red Wings center Dylan Larkin.

The Flames wanted the 30-year-old Middleton for his experience, character, defensive play, and toughness. He’s happy to be going to Calgary, citing family considerations as well as the direction the Flames are taking with their rebuild and their new arena that opens in 2027.

TWINCITIES.COM: Speaking of the Wild, they signed forward Nick Foligno to a one-year, $900,000 contract.

THE MONTREAL GAZETTE: The Canadiens signed goaltender Jakub Dobes to a three-year contract extension worth an average annual value of $5.375 million beginning in 2027-28.

SPECTOR’S NOTE: Another sensible re-signing by the Canadiens, coming on the heels of their inking Ivan Demidov to an eight-year extension with an AAV of $9.15 million. The 25-year-old Dobes emerged as their starting goaltender midway through this season, backstopping them to the Eastern Conference Final.

If that strong performance is a sign of things to come, the Canadiens will be set with Dobes as their starter, and that contract will be a bargain compared to most starters around the league.

THE COLUMBUS DISPATCH: Blue Jackets GM Don Waddell has shut down speculation suggesting Kirill Marchenkov will be traded this summer. He said they intend to keep their leading goal scorer for next season and possibly beyond.

Marchenko, 25, is a year away from becoming a restricted free agent with arbitration rights. Rumors emerged during the draft claiming the winger didn’t intend to sign a contract extension this summer.

Waddell said he’s spoken with Marchenko’s agent. He didn’t get into the details of those discussions, but said that he told the agent that his client would be a Blue Jacket when the 2026-27 season opens in October.

SPECTOR’S NOTE: Waddell’s been busy doing damage control. This news comes a day after he and Zach Werenski issued statements claiming that Werenski was not going to be traded despite reports that he rejected a move to the Dallas Stars.

Waddell has put out those two fires for now, but they’re bound to flare up again if the Blue Jackets fail to qualify for the playoffs next spring. By that point, he could be willing to part with one or both players next summer, provided he’s still the Blue Jackets GM when the season ends.

OTTAWA SUN: The Senators are offering a discount to their fans who want to exchange their Brady Tkachuk jerseys for new threads. Tkachuk was shipped to the Florida Panthers last month after months of claiming he wasn’t seeking a trade.

SAN JOSE HOCKEY NOW: The Sharks signed top prospect Ivar Stenberg to a three-year entry-level contract. They chose the 18-year-old forward with the second-overall pick in this year’s draft.










NHL Rumor Mill – July 2, 2026

NHL Rumor Mill – July 2, 2026

Check out the latest on Jason Robertson, Connor Hellebuyck, Claude Giroux, and more in today’s NHL Rumor Mill.

PENGUINS INTERESTED IN JASON ROBERTSON

THE ATHLETIC: Josh Yohe reports the Pittsburgh Penguins “still absolutely want to trade for Jason Robertson.” He believes they have the assets to acquire the 26-year-old Dallas Stars winger.

Dallas Stars winger Jason Robertson (NHL Images).

The Stars still want to re-sign Robertson. However, the money that the winger is demanding makes it more likely that he will be traded.

SPECTOR’S NOTE: The Penguins acquired Robertson’s brother, Nick, from the Toronto Maple Leafs yesterday. Maybe that’s an additional enticement for Jason to accept a trade to Pittsburgh.

The Penguins have the cap space ($25.4 million) to sign Robertson to a lucrative long-term deal (perhaps $15 million annually). Whether he’s willing to sign an extension with the Penguins if they make an offer remains to be seen. He had the chance to join the Seattle Kraken, but his unwillingness to accept their contract offer killed the deal.

THE HELLEBUYCK TRADE WATCH IS STILL ON

THE ATHLETIC: Murat Ates believes the Winnipeg Jets’ signing of goaltender Stuart Skinner to a two-year contract leaves the questions about Connor Hellebuyck’s future unanswered.

The 33-year-old Hellebuyck has been the subject of recent trade speculation. It was reported that a deal that would’ve sent the three-time Vezina Trophy-winning goaltender to the Buffalo Sabres last Friday fell through before the opening day of the NHL Draft.

Ates pointed out that signing Skinner doesn’t transform the Jets’ defense or upgrade the second line. He thinks it means the Hellebuyck trade watch is still on, even if their trade options are limited.

SPECTOR’S NOTE: Skinner’s signing is insurance if they end up trading Hellebuyck. In the meantime, he’ll split the goalie duties with the Jets’ long-time starter as his understudy.

COULD CLAUDE GIROUX RETURN TO THE FLYERS?

THE ATHLETIC: Julian McKenzie and Kevin Kurz report the Ottawa Senators have left the door open for Claude Giroux to return. However, the 38-year-old forward could reunite with the Philadelphia Flyers.

Giroux began his NHL career with the Flyers, spending 15 seasons with them before being traded to the Florida Panthers in 2022. He spent the past four seasons with the Senators.

Flyers GM Daniel Briere, a former teammate of Giroux’s, confirmed there have been ongoing contract talks with the veteran forward. It’s rumored he could sign a one-year contract with the Flyers as a right-shot center who could help them on the power play.

SPECTOR’S NOTE: Giroux is coming off a one-year, $2 million contract. He remains a versatile, well-respected two-way forward. However, his production has steadily declined, from 79 points in 2022-23 to 49 points last season.

ARE MORE MOVES COMING FOR THE BRUINS?

THE ATHLETIC: Fluto Shinzawa believes more moves could be coming for the Boston Bruins. He observed that they have $4.5 million in salary-cap space, leaving GM Don Sweeney with flexibility to continue exploring trade options, especially if he moves the salaries of Mason Lohrei ($3.2 million AAV) or Henri Jokiharju ($3 million).

SPECTOR’S NOTE: The Bruins won’t have enough space or tradeable assets to make a big acquisition, but Sweeney might be able to add one or two affordable depth players.










NHL Morning Coffee Headlines – July 2, 2026

NHL Morning Coffee Headlines – July 2, 2026

Zach Werenski wants to stay in Columbus, the Lightning sign John Carlson, the Flyers re-sign Tyson Foerster, and more in today’s NHL Morning Coffee Headlines.

THE COLUMBUS DISPATCH: Blue Jackets defenseman Zach Werenski and general manager Don Waddell released statements yesterday regarding the recent trade rumors swirling around the Norris Trophy-winning blueliner.

In their statements, both men claimed Werenski wants to remain in Columbus. Waddell indicated that he and the 28-year-old rearguard met this spring to discuss his uncertainty about his future and explore possible opportunities to move him. They agreed that if there were a deal to be made, Waddell would bring it to Werenski.

Columbus Blue Jackets defenseman Zach Werenski (NHL Images)

Waddell stated that they found a deal that would work for the club, referring to Tuesday night’s report of a trade that would’ve sent Werenski to the Dallas Stars. After taking time to discuss it with his family, the defenseman decided he wanted to remain in Columbus and used his no-movement clause to veto the trade.

Werenski said that he’d hoped this situation wouldn’t become a public issue, adding that everything got blown out of proportion. He stressed that he and his family love Columbus and he loves playing for the Blue Jackets, saying that he wants to win and wants to do so in Columbus.

SPECTOR’S NOTE: Werenski’s rumored reluctance to sign one next summer was what started this situation in the first place. Neither he nor Waddell mentioned a contract extension in their statements.

Based on those statements, Werenski isn’t going anywhere this summer or this season. However, it’s worth noting that his full no-movement clause becomes a 10-team trade list next July 1, which is the earliest that he can sign an extension.

It’ll be interesting to see what effect this situation has on Kirill Marchenko’s reported unwillingness to sign an extension this summer. The 25-year-old winger is a year away from restricted free-agent status with arbitration rights and will be eligible for unrestricted free-agent status in July 2028, which is the same time that Werenski’s current contract expires.

Food for thought if the Blue Jackets fail to make the playoffs this season.

SPORTSNET: The Tampa Bay Lightning signed defenseman John Carlson to a two-year contract worth an average annual value of $8.5 million.

SPECTOR’S NOTE: Carlson will replace the departed Darren Raddysh on the right side of the Lightning’s blueline. The length of the deal is reasonable for the 36-year-old defenseman, and he’s getting a slight pay bump over his previous $8 million AAV.

Carlson is coming off a 60-point performance with the Washington Capitals and Anaheim Ducks. However, he’s at the stage of his long career when a decline in performance is inevitable.

PHILLY HOCKEY NOW: The Flyers signed winger Tyson Foerster to an eight-year contract extension worth an AAV of $7.1 million beginning in 2027-28.

SPECTOR’S NOTE: Foerster, 24, had back-to-back seasons with 20 or more goals in 2023-24 and 2024-25. An upper-body injury limited him to 29 games last season, but he still managed 13 goals and 17 points. The Flyers are banking on him continuing to develop into a reliable two-way top-six winger.

THE ATHLETIC: Arpon Basu reports Ivan Demidov’s contract extension means the Montreal Canadiens have their top four forwards (including Nick Suzuki, Cole Caufield, and Juraj Slafkovsky) and top four defensemen (Lane Hutson, Noah Dobson, Mike Matheson, and Kaiden Guhle) under contract through 2030 for under $63 million.

With those players taking less than market value, it’s now up to Canadiens management to use those savings to surround those core players with a solid supporting cast that will help them win.

SPECTOR’S NOTE: In case you missed it, Demidov inked an eight-year extension yesterday worth an AAV of $9.15 million. That could become a bargain for the Canadiens if he develops as expected.

Canadiens GM Kent Hughes and president of hockey operations Jeff Gorton did a tremendous job rebuilding the Canadiens over the past four years into a playoff team. How they build up the roster around those core players over the next four years will determine whether they’ll be a good team or a great one.

NEW JERSEY HOCKEY NOW: The Devils became the first team in this offseason to sign a player to an offer sheet, inking Utah Mammoth center Barrett Hayton to a one-year, $4.775 million offer.

The Mammoth will have seven days from the date of the signing to match the offer. If they don’t, they’ll receive the Devils’ 2027 second-round pick as compensation.

THE ATHLETIC: James Mirtle reports that the Devils had trade talks with the Mammoth for Hayton, but those discussions broke down.

SPECTOR’S NOTE: The twist here is that the Mammoth won’t be able to trade Hayton for one year if they match the Devils’ offer. That means they won’t be able to move him at the March trade deadline if they should become sellers by that point. They also won’t be able to peddle him during next year’s draft weekend.

TSN: The Seattle Kraken signed Mackie Samoskevich to a three-year contract worth an AAV of $3.85 million. They acquired the 23-year-old winger from the Florida Panthers last month for two draft picks.

KTNV’s Taylor Rocha reports that Vegas Golden Knights GM Kelly McCrimmon said defenseman Alex Pietrangelo has been placed on long-term injury reserve. He had to come off at the end of last season but was returned to LTIR on July 1. McCrimmon indicated that Pietrangelo’s status has not changed.

SPECTOR’S NOTE: In other words, any talk of Pietrangelo returning to action after missing all of last season due to a chronic hip injury can be put to rest. His playing career is over.

THE ATHLETIC: The Blue Jackets will reportedly add Don Granato as an assistant coach.










Notable NHL Free Agent Signings and Trades – July 1, 2026

Notable NHL Free Agent Signings and Trades – July 1, 2026

The Edmonton Oilers sign goaltender Frederik Andersen to a one-year contract with a $1 million base salary and $1.8 million performance bonus.

The Winnipeg Jets signed defenseman Mario Ferraro to a three-year contract worth an average annual value of $4 million

Sportsnet’s Elliotte Friedman reports the New Jersey Devils have signed Utah Mammoth restricted free agent forward Barrett Hayton to a one-year offer sheet worth $4.775 million. The Mammoth will receive the Devils’ 2027 second-round pick as compensation if they don’t match the offer within seven days.

The Utah Mammoth signs winger Anders Lee to a three-year contract worth an average annual value of $5.4 million.

The Edmonton Oilers sign defenseman Ryan Shea to a five-year contract worth an average annual value of $4 million.

The New York Rangers trade defenseman Will Borgen to the Boston Bruins in exchange for a 2027 second-round pick and a conditional third-rounder in 2028.

The New York Rangers acquire defenseman Marcus Pettersson from the Vancouver Canucks in exchange for a 2030 first-round pick (top-10 protected).

The Edmonton Oilers trade defenseman Darnell Nurse to the San Jose Sharks in exchange for defenseman Shakir Mukhamadullin and prospect blueliner Zack Sharp. The Oilers did not retain salary in this deal.

The New York Rangers trade center Vincent Trocheck to the Utah Mammoth in exchange for defenseman Sean Durzi, prospect center Cole Beaudoin, and a 2027 third-round draft pick.

The Washington Capitals sign Boone Jenner to a four-year contract with an average annual value of $5.75 million.

The Toronto Maple Leafs trade goaltender Dennis Hildeby, a 2027 fourth-round pick, and a 2028 third-round pick to the Tampa Bay Lightning in exchange for forward Nick Paul.

The Boston Bruins trade goaltender Joonas Korpisalo to the New York Rangers for a fourth-round pick in 2028.

The Pittsburgh Penguins signed winger Andrei Kuzmenko to a one-year, $5 million contract.

The New York Rangers signed forward Oliver Bjorkstrand to a one-year, $4.5 million contract.

The Toronto Maple Leafs sign center Colton Sissons to a two-year contract worth an average annual value of $4.25 million.

The Toronto Maple Leafs sign goaltender Sergei Bobrovsky to a three-year deal worth an average annual value of $7 million.

The San Jose Sharks sign defenseman Jacob Trouba to a four-year contract worth an average annual value of $8.25 million.

Toronto Maple Leafs sign goaltender Sergei Bobrovsky (NHL Images).

The Winnipeg Jets sign goaltender Stuart Skinner to a two-year contract worth an average annual value of $3.75 million.

The Toronto Maple Leafs sign forward Jack Roslovic to a two-year contract with an AAV of $4 million.

The Colorado Avalanche sign forward Jaden Schwartz to a three-year contract worth an AAV of $3.25 million

The Florida Panthers re-sign forward Eetu Luostarinen to an eight-year contract worth an AAV of $5 million.

The Vegas Golden Knights re-sign defenseman Rasmus Andersson to a seven-year contract with an average annual value of $8.5 million.

The San Jose Sharks signed winger Mason Marchment to a five-year contract worth an average annual value of $7 million.

The Detroit Red Wings sign winger Viktor Arvidsson to a two-year contract worth an AAV of $5 million.

The Los Angeles Kings sign winger Mats Zuccarello to a one-year contract worth $1 million in base salary, along with a $5.5 million performance bonus. 

The Montreal Canadiens sign winger Ivan Demidov to an eight-year contract extension worth an average annual value of $9.125 million.

The Chicago Blackhawks sign defenseman Bowen Byram to a six-year, $75 million contract extension with an average annual value of $12.5 million.

The New Jersey Devils sign center Nico Hischier to a five-year, $58.5 million contract extension with an average annual value of $11.7 million.

The Dallas Stars trade forward Mavrik Bourque and defenseman Ilya Lyubushkin to the Nashville Predators in exchange for a second-round pick in 2027 and a third-round pick in 2028.

The Florida Panthers sign Radko Gudas to a six-year contract with an AAV of $1.5 million.

The Toronto Maple Leafs trade winger Nick Robertson to the Pittsburgh Penguins for a fourth-round draft pick (year TBD).

Buffalo Sabres re-sign defenseman Olen Zellweger to a three-year, $9 million contract with an AAV of $3 million.

The Los Angeles Kings sign forward Erik Haula to a two-year contract with an AAV of $3.6 million.