Notable NHL Trades and Signings – June 30, 2025

by | Jun 30, 2025

Notable NHL Trades and Signings – June 30, 2025

The Toronto Maple Leafs signed winger Mitch Marner to an eight-year, $96 million contract ($12 million average annual value. They subsequently traded him to the Vegas Golden Knights for center Nicolas Roy. 

SPECTOR’S NOTE: And with that, Marner’s nine seasons with the Maple Leafs come to an end. 

Marner was projected to receive between $12.5 million and $13 million annually. It’s a little less than market value, but it comes with long-term security. 

It’s a good deal for Marner, and he ends up in a preferred destination. The 28-year-old winger is coming off a career-best 102-point performance. He’s in his prime and considered among the league’s elite two-way forwards. Whether this is the right deal for the Golden Knights remains to be seen. 

Toronto Maple Leafs sign winger Mitch Marner and trade him to the Vegas Golden Knights (NHL Images).

Marner brings additional offense to the Golden Knights and should also help defensively. However, this leaves the Golden Knights top-heavy among their top-six forwards at the expense of their overall roster depth. That should be a familiar situation for Marner, having been part of a similar experience with the Leafs for years. 

Snark aside,  a lack of overall depth prevented the Golden Knights from repeating as Stanley Cup champions over the last two seasons. Marner’s monster contract will once again leave them with limited cap space, forcing them to try and get creative. 

One way is placing veteran defenseman Alex Pietrangelo on long-term injury reserve for 2025-26, freeing up his $8.8 million AAV. However, that will be used up mostly for Marner’s cap hit, leaving little wiggle room to boost their depth. 

As for the Leafs, they at least get something for Marner rather than losing him to free agency for nothing. Roy, 28, is a big, physical middle-six forward who can play center or wing with two years on his contract at an annual cap hit of $3 million. He’ll provide size, versatility, and experienced skill to their checking lines. 

The Edmonton Oilers have signed defenseman Evan Bouchard to a four-year contract with an average annual value of $10.5 million. Bouchard, 25, was slated to become a restricted free agent on July 1.

SPECTOR’S NOTE: Bouchard’s getting a significant raise over the $3.9 million AAV of his previous contract. It’s not surprising given how he’s blossomed into a high-scoring puck-moving blueliner.

Bouchard netted a career-best 82 points in 2023-24. His production slipped to 67 points in 2024-25, but he was fifth among defensemen in scoring. He also led all blueliners in postseason scoring this year with seven goals and 23 points.

The Oilers had little choice but to pay Bouchard that much, though at four years it’s a manageable term if his performance drops off. However, they now have nearly $20 million tied up in two defensemen, with Darnell Nurse pulling in $9.25 million annually through 2029-30. It leaves the Oilers with around $550,000 in cap space, which means a cost-cutting trade is coming soon.

The Florida Panthers re-sign Aaron Ekblad to an eight-year contract with an average annual value of $6.1 million. 

SPECTOR’S NOTE: Ekblad made no secret of his desire to remain with the Panthers. It was assumed he’d have to accept a pay cut on a contract shorter than the eight years ($7.5 million AAV) of his previous deal. 

Instead, he gets another maximum eight-year contract with a pay reduction that wasn’t as severe as expected. 

The Panthers rewarded Ebklad for not only his loyalty but his years of hard work as the anchor of their defense corps, culminating in back-to-back Stanley Cup championships. However, this is a contract that probably won’t age well. 

Now 29, Ekblad has been hampered by injuries since 2020-21, and his performance declined a bit in 2024-25. If this persists, this deal could become a salary-cap headache down the road. 

The Detroit Red Wings trade winger Vladimir Tarasenko to the Minnesota Wild for future considerations.

SPECTOR’S NOTE: Tarasenko signed a two-year contract last summer with the Red Wings, but things didn’t work out for him in Motown. After netting 23 goals and 55 points in 2023-24 with the Ottawa Senators and Florida Panthers, the 33-year-old winger managed only 11 goals and 33 points with the Wings.

The Toronto Maple Leafs acquire winger Matias Maccelli from the Utah Mammoth in exchange for a conditional third-round pick in 2027.

SPECTOR’S NOTE: A skillful playmaking winger, the 24-year-old Maccelli had a career-best performance in 2023-24 with 17 goals and 40 assists for 57 points. However, his production dropped significantly last season as he tumbled down the Mammoth’s depth chart, becoming a healthy scratch in 26 regular-season games. This could turn into a steal for the Leafs if Maccelli regains his form.

The New York Islanders signed defenseman Alexander Romanov to an eight-year contract with an average annual value of $6.25 million. Romanov, 25, was slated to become a restricted free agent on July 1.

SPECTOR’S NOTE: This was a foregone conclusion after the Islanders traded Noah Dobson to the Montreal Canadiens on Friday. Romanov’s deal makes him their highest-paid defenseman. He’s not a point-producer like Dobson, but he’s a physical shutdown blueliner who logged over 22 minutes of ice time per game last season.










NHL Morning Coffee Headlines – June 30, 2025

by | Jun 30, 2025

NHL Morning Coffee Headlines – June 30, 2025

New deals for Matthew Knies, Claude Giroux and Morgan Geekie highlight Sunday’s notable signings, the Golden Knights and Predators swing a multi-player trade, the latest on Mitch Marner, and more in today’s NHL Morning Coffee Headlines.

SUNDAY’S NOTABLE CONTRACT SIGNINGS

TORONTO SUN: Matthew Knies has reportedly agreed to a six-year contract extension with the Maple Leafs. The 22-year-old power forward will receive an average annual value of $7.75 million. He was coming off his entry-level contract and was slated to become a restricted free agent (RFA) on July 1.

Toronto Maple Leafs forward Matthew Knies (NHL Images).

SPECTOR’S NOTE: That roughly around what Knies was projected to receive. He had a solid sophomore season, with a career-high of 29 goals and 58 points in 78 games. The 6’3”, 227-pound winger has yet to reach his playing prime and will only get better as he skates alongside superstar center Auston Matthews.

Knies had recently rejected any notion of signing an offer sheet with a rival club. Nevertheless, this signing will be a relief for Leafs fans.

The Leafs will likely turn their focus to the start of the unrestricted free agent market on Tuesday to bolster their roster. They have $13.57 million in cap space for 2025-26 with 19 active roster players under contract.

OTTAWA SUN: Claude Giroux signed a one-year, bonus-laden “plus-35” contract with the Senators. The versatile 37-year-old forward will earn a $2 million base salary, with an additional $2.75 million in bonuses.

SPECTOR’S NOTE: Giroux really wanted to stay in his hometown. The base salary is a significant pay cut from the $6.75 million average annual value (AAV) he earned on his previous deal. However, he could make $4.75 million in actual salary if he achieves all of his bonuses, one of which includes the Senators winning the Stanley Cup. Follow the link above for the full breakdown.

According to PuckPedia, the Senators now have over $8.1 million in cap space with 18 active roster players signed for 2025-26.

BOSTON HOCKEY NOW: The Bruins signed forward Morgan Geekie to a six-year contract with an AAV of $5.5 million. They also signed forward Marat Khusnutdinov to a two-year deal ($925,000 AAV) and defenseman Michael Callahan to a one-year, two-way contract worth $775,000 at the NHL level.

SPECTOR’S NOTE: Geekie was the notable signing for the Bruins. The 26-year-old forward had a career-best performance in 2024-25, tallying 33 goals and 24 assists for 57 points. Management will be betting that the best is yet to come from Geekie as he plays a bigger role as a first-line left wing.

The Bruins have over $16.6 million remaining with 17 active roster players signed for 2025-26.

THE COLUMBUS DISPATCH: Dante Fabbro agreed to a four-year contract with the Blue Jackets. The 27-year-old defenseman will earn an AAV of $4.125 million, leaving the Blue Jackets with over $28.5 million in cap space with 21 active roster players under contract.

SPECTOR’S NOTE: Plucked off waivers from Nashville in November, Fabbro had a career-best performance with the Blue Jackets, netting 26 points in 62 games skating alongside Zach Werenski on their top defense pairing. It’s an affordable signing for the Jackets that could pan out well over the next four years.

LOS ANGELES DAILY NEWS: The Anaheim Ducks signed goaltender Ville Husso to a two-year contract with an AAV of $2.2 million.

SPECTOR’S NOTE: The Ducks acquired goalie Petr Mrazek during Saturday’s trade that sent netminder John Gibson to the Detroit Red Wings. They must also re-sign RFA starter Lukas Dostal, but that shouldn’t be an issue. The Ducks have $35.9 million in cap space with 18 active roster players signed for next season.

Once Dostal is re-signed, Mrazek or Husso could end up on the trade block, but they could hang onto Husso as a third goalie should injuries strike.

GOLDEN KNIGHTS, PREDATORS MAKE MULTI-PLAYER TRADE

VEGAS HOCKEY NOW/THE TENNESSEAN: The Vegas Golden Knights traded defenseman Nicolas Hague to the Nashville Predators in exchange for defenseman Jeremy Lauzon and forward Colton Sissons. Hague, 26, agreed to a four-year contract ($5.5 million AAV) with the Predators.

SPECTOR’S NOTE: The Predators added shutdown size to their defense core with the 6’6”, 240-pound Hague, who was slated to become an RFA with arbitration rights on July 1. Shipping out Lauzon and Sissons gave them the cap flexibility to sign Hague.

GOLDEN KNIGHTS COULD FACE TAMPERING ACCUSATION FROM THE LEAFS

VEGAS HOCKEY NOW: cited Sportsnet’s Elliotte Friedman stating the Maple Leafs could go after the Golden Knights if the latter signs Mitch Marner on July 1 as a UFA.

Marner, 28, spent the past nine seasons with the Maple Leafs. Friedman said the Golden Knights’ interest in the two-way winger goes back to last summer, when the Leafs expressed an interest in Vegas defenseman Shea Theodore.

Friedman said he’s not accusing the Golden Knights of tampering, which is a sensitive issue among general managers. However, he said a couple of GMs claim the league could try to make an example of someone.

Over the weekend, it was reported that the Leafs and Golden Knights were discussing a sign-and-trade scenario involving Marner. If the deal went through, the Leafs would receive forward Nicolas Roy and defenseman Nicolas Hague as part of the return.

SPECTOR’S NOTE: The accusation could be that the Golden Knights had been in contact with the Marner camp before July 1, which is forbidden under the CBA. Friedman believes the tampering accusation won’t materialize if the sign-and-trade deal is finalized.

It’ll be interesting to see what develops between now and when the free-agent market opens at noon ET on July 1. Hague was traded to Nashville on Sunday night, so he’s no longer part of any potential deal.

IN OTHER NEWS…

THE DALLAS MORNING NEWS: The Stars are reportedly closing in on bringing back Glen Gulutzan as their new head coach. He was their bench boss from 2011-12 to 2012-13 before being fired by Jim Nill in one of his first acts as general manager. Gulutzan recently served as an assistant coach with the Edmonton Oilers.

SPORTSNET: Seattle Kraken forward Joe Veleno and Tampa Bay Lightning forward Conor Sheary were placed on unconditional waivers on Sunday. Their contracts will be bought out today.

Veleno had a year left on his contract with a cap hit of $2.275 million. Sheary had a year left with a cap hit of $2 million.










NHL Morning Coffee Headlines – June 29, 2025

by | Jun 29, 2025

NHL Morning Coffee Headlines – June 29, 2025

The Maple Leafs and Golden Knights discuss a sign-and-trade scenario for Mitch Marner, updates on Brad Marchand, Aaron Ekblad and Vladislav Gavrikov, and notable news from the second day of the draft in today’s NHL Morning Coffee Headlines.

LEAFS AND GOLDEN KNIGHTS DISCUSS “SIGN-AND-TRADE” FOR MARNER

TSN: Darren Dreger reports the Toronto Maple Leafs and Vegas Golden Knights were in ongoing talks regarding a potential “sign-and-trade” scenario for Mitch Marner. The 28-year-old right wing is expected to test the unrestricted free-agent market when it begins on July 1.

Toronto Maple Leafs winger Mitch Marner (NHL Images).

Dreger reported the talks could carry over into Sunday. He indicated there was more work to be done in terms of the return for Toronto. Maple Leafs general manager Brad Treliving said the Leafs would prefer to get something for Marner rather than lose him to free agency for nothing, but declined to comment about the speculation linking the winger to the Golden Knights.

Bruce Garrioch of the Ottawa Sun reported the Leafs were believed to be asking for forward Nicolas Roy and defenseman Nicolas Hague in return for Marner’s rights.

THE ATHLETIC: Jesse Granger looks at what this trade would mean for the Golden Knights, particularly their salary-cap payroll.

Assuming Marner receives an average annual value (AAV) between $12 million and $14 million, the Golden Knights would have over $80 million invested in their top-10 player, leaving little room under the $95.5 million cap to fill out the rest of the roster.

Granger noted there were questions about the health of Vegas defenseman Alex Pietrangelo. If he lands on long-term injury reserve (LTIR), it would free up his $8.8 million cap hit, leaving the Golden Knights with around $17.4 million before acquiring Marner. It would be a tight squeeze adding Marner, another defenseman, and another forward, but it could be doable.

Nevertheless, this scenario would leave the Golden Knights’ roster more top-heavy and would come at the expense of their roster depth.

SPECTOR’S NOTE: Adding Marner would make them a more powerful offensive team, but it would come at the expense of their defense. Their pursuit of big-name talent has hurt their overall depth, which explains why they haven’t repeated as Stanley Cup champions over the last two seasons.

As for the Leafs, getting two established NHL players for a star who is heading to free agency would be a good return that helps them defensively. However, it wouldn’t replace the offense that Marner brought to the club over the past nine years.

UPDATES ON MARCHAND, EKBLAD AND GAVRIKOV

NHL.COM: Florida Panthers GM Bill Zito remains focused on trying to sign pending UFAs Brad Marchand and Aaron Ekblad before the free-agent market opens on Tuesday. On Friday, the Panthers announced that center Sam Bennett signed an eight-year contract extension.

SPECTOR’S NOTE: The Panthers have $11 million in cap space with 17 active roster players under contract for next season. Marchand reportedly seeks a raise over the $6.13 million AAV of his previous deal. Ekblad could accept a pay cut from the $7.5 million of his former deal, but the contract term is reportedly the sticking point in his negotiations.

MAYOR’S MANOR: John Hoven reports Los Angeles Kings GM Ken Holland said it looks like Vladislav Gavrikov is heading to market on July 1. Holland said he’s had several talks with the 29-year-old defenseman’s agent over the past week.

SPECTOR’S NOTE: Gavrikov has been linked to the New York Rangers in the rumor mill. I’ll have more about that in the Sunday NHL Rumor Roundup.

NOTABLE NEWS FROM THE SECOND DAY OF THE 2025 NHL DRAFT

THE SCORE: The San Jose Sharks chose Simon Wang with the 33rd overall pick in the 2025 NHL Draft, making Oshawa Generals defenseman the highest-drafted Chinese player in NHL history.

NHL.COM: Ten current or committed NCAA Division 1 players were chosen during the first round of the 2025 NHL Draft. It’s the third-most in college hockey history and the most since 2016.

For the first time in 38 years, at least 20 Canadian-born players were chosen in the opening round.

SPECTOR’S NOTE: Follow this link for the complete list of every pick made in the 2025 NHL Draft.

TAMPA BAY TIMES: Lightning GM Julien BriseBois is trying to trade top prospect Isaac Howard but hasn’t found a deal yet that satisfies both sides.

Howard is the 2025 winner of the Hobey Baker Memorial Trophy as the top player in US college hockey. However, the 21-year-old Michigan State University winger hasn’t agreed to an entry-level NHL contract with the Lightning, preferring the option to choose which team he’ll sign with.

If unsigned by next August, Howard will become an unrestricted free agent.

SPECTOR’S NOTE: BriseBois might have to wait until next year’s trade deadline to find a suitable offer.

THE HOCKEY NEWS: Minnesota Wild defenseman Jonas Brodin recently underwent surgery for an upper-body injury. He could be sidelined for the start of the 2025-26 schedule in October.

STLTODAY.COM: The St. Louis Blues signed goaltender Joel Hofer to a two-year contract with an AAV of $3.4 million. He was slated to become a restricted free agent on July 1.

SPECTOR’S NOTE: So much for Hofer becoming an offer-sheet target this summer.

WINNIPEG SUN: The Jets signed defenseman Haydn Fleury to a two-year, $1.9 million contract extension.

PITTSBURGH POST-GAZETTE: The Penguins acquired defenseman Connor Clifton and a 2025 second-round pick (39th overall) from the Buffalo Sabres in exchange for defensemen Conor Timmins and Isaac Beliveau.

THE HOCKEY NEWS: The Washington Capitals acquire defenseman Declan Chisholm and the 180th pick in this year’s draft from the Wild in exchange for blueliner Chase Priskie and pick No. 123.










Notable NHL Trades and Signings – June 28, 2025

by | Jun 28, 2025

Notable NHL Trades and Signings – June 28, 2025

The Anaheim Ducks trade goaltender John Gibson to the Detroit Red Wings in exchange for goaltender Petr Mrazek, a 2026 second-round pick and a 2027 fourth-round pick.

Anaheim Ducks trade goaltender John Gibson to the Detroit Red Wings (NHL Images).

SPECTOR’S NOTE: Gibson, 31, had been a fixture in the trade-rumor mill for the past two seasons. The sticking point had been his contract with its $6.4 million average annual value. However, he has only two years remaining on his deal. With the salary cap rising significantly over that period, his contract became more palatable for a club like the Red Wings, which went through five goalies last season.

Gibson will be expected to help the Red Wings end their franchise-record nine-year playoff drought. He’s spent the past several seasons backstopping the rebuilding Ducks, but with a potentially more competitive team in front of him in Detroit, he has a chance to prove he’s still a reliable starting goalie.

This move solidifies Lukas Dostal as the Ducks’ starting goaltender. The 25-year-old had outplayed Gibson for the job last season. Mrazek will support him in the backup role.

The Ottawa Senators acquire defenseman Jordan Spence from the Los Angeles Kings in exchange for a third-round pick in 2025 and a sixth-round pick in 2026.

SPECTOR’S NOTE: The Senators were in the market for a right-shot defenseman to replace Nick Jensen, who recently underwent hip surgery with no timeline for his return. Spence, 24, carries an affordable $1.5 million cap hit for 2025-26. He netted 28 points in 79 games last season with the Kings.

The Calgary Flames signed defenseman Kevin Bahl to a six-year contract with an average annual value of $5.35 million.

SPECTOR’S NOTE: Bahl was acquired from the New Jersey Devils as part of the return in the Jacob Markstrom trade. He quickly established himself among their top-four blueliners, logging over 21 minutes of ice time per game.










NHL Morning Coffee Headlines – June 28, 2025

by | Jun 28, 2025

NHL Morning Coffee Headlines – June 28, 2025

The Islanders select Matthew Schaefer first overall in the first round of the 2025 draft, further details emerge in the new CBA extension, the Stars’ Jim Nill is GM of the Year again, and more in today’s NHL Morning Coffee Headlines.

HIGHLIGHTS FROM THE FIRST ROUND OF THE 2025 NHL DRAFT

NHL.COM: An emotional Matthew Schaefer was chosen first overall by the New York Islanders in the opening round of the 2025 NHL Draft in Los Angeles.

The 17-year-old Erie Otters defenseman overcame a broken clavicle this season and the loss of his mother, Jennifer, to breast cancer and his billet mother, Emily Matson, to an apparent suicide last year.

SPECTOR’S NOTE: Schaefer was the consensus pick as this year’s top prospect among scouts and analysts. He has tremendous character and determination to match his skills as a potential first-pairing NHL defenseman.

First-overall pick Matthew Schaefer (center) is flanked by second-overall pick Michael Misa (left) and third-overall pick Anton Frondell (NHL.com).

The San Jose Sharks chose center Michael Misa of the Saginaw Spirit with the second-overall pick. Center Anton Frondell of SHL club Djurgardens IF went third overall to the Chicago Blackhawks.

SPECTOR’S NOTE: Other notable selections included center Caleb Desnoyers of the Moncton Wildcats going fourth overall to the Utah Mammoth. He’s the first QMJHL player to be a top-10 pick since the New York Rangers chose Alexis Lafreniere first overall in 2020.

James Hagens of Boston College began this season projected to become the top prospect in this draft. He tumbled to seventh, not because he played poorly but because those ahead of him had better seasons. Comedy actor Adam Sandler reprised his Happy Gilmore character to announce the Bruins had chosen Hagens, much to the young center’s delight.

The Nashville Predators selected Brady Martin with the fifth-overall pick. However, the 18-year-old Soo Greyhounds center wasn’t in attendance in Los Angeles, preferring to remain at home helping tend his family’s dairy farm in Elmira, Ontario. Martin was surrounded by family and friends watching the draft on a big-screen TV in his backyard.

Analysts were caught by surprise when the Columbus Blue Jackets went off the board to select Russian goaltender Pyotr Andreyanov with the 20th overall pick. It wasn’t as bad as when they (and everyone else) were left scratching their heads over the Blue Jackets selecting Yegor Chinakhov 21st overall in 2020, but the move still raised some eyebrows.

You can see the complete list of first-round picks and analysis at NHL.com. Rounds 2-7 will be held on Saturday starting at noon ET.

Meanwhile, the reaction to the decentralized format of this year’s draft on social media was overwhelmingly negative. My friend Scotty Wazz of The Face Off Hockey Show has the details.

I felt sorry for the prospects. The best day of their young careers was spoiled by this lifeless, overly long event. It lacked the energy and excitement of the previous format in NHL arenas, with executives from all 32 teams in attendance to announce their selections. Hopefully, the league returns to the tried-and-true previous formula. If it ain’t broke, don’t fix it.

MORE DETAILS EMERGE FROM THE NEW NHL CBA

The NHL and NHL Players’ Association announced they had agreed to a four-year extension of their collective bargaining agreement (CBA). It will begin in 2026-27, pending ratification votes on both sides.

THE ATHLETIC: Chris Johnston and Pierre LeBrun revealed some additional key points in the new agreement.

SPECTOR’S NOTE: You can see the pertinent details originally reported (including an 84-game schedule beginning in 2026-27, reduction of contract terms, plugging the LTIR loophole) by following this link.

Training camp will be shortened from 21 days to 13 (18 days for rookies) to accommodate the 84-game schedule.

A salary cap will be introduced for the playoffs that applies only to the 20 players suiting up for each game. Teams will be able to shuffle their rosters between games, but the game-day lineup must be cap-compliant.

The minimum salary will be $850,000 in 2026-27, $900,000 in 2027-28, $950,000 in 2028-29, and $1 million in 2029-30.

Salary retention will still be allowed in trades, but a second retention on the same contract can only happen 75 regular-season days after the first one. That ends the use of a third-party broker in real time to facilitate a trade.

Neck protection will become mandatory beginning in 2026-27. Players with at least one NHL game before that season will be grandfathered and won’t be subject to this rule.

Fitness testing will no longer be permitted during training camp or the regular season.

Year-over-year increases on front-loaded contracts will be limited to 20 percent of the first year, down from 25 percent. The lowest year must be at least 71 percent of the highest year, up from 60 percent. For example, if the highest year’s compensation is $10 million, the lowest year’s compensation cannot be less than $7.1 million. The year-to-year differences cannot exceed $2 million.

SPECTOR’S NOTE: Follow The Athletic’s link above for the entire list.

IN OTHER NEWS…

NHL.COM: Jim Nill of the Dallas Stars is the 2024-25 winner of the Jim Gregory General Manager of the Year Award. It’s the third straight year he’s received this honor, making him the first GM to win this award three times.

VEGAS HOCKEY NOW: The Golden Knights officially announced the re-signing of winger Brandon Saad. He agreed to a one-year contract with a cap hit of $2 million. The 32-year-old receives a base salary of $1 million with a $1 million signing bonus and a full no-trade clause.

TSN: The Edmonton Oilers officially announced the re-signing of forward Trent Frederic to an eight-year extension with an AAV of $3.85 million. This deal was initially reported several days ago, although the cap hit is slightly lower than the original report of $4 million.

THE SEATTLE TIMES: Kraken GM Jason Botterill intends to retain Philipp Grubauer rather than buy out the final two years of the struggling goaltender’s contract. “We believe that Philipp can bounce back from that situation,” said Botterill. “We think there’s an opportunity still for success here.”

THE BUFFALO NEWS: The Sabres signed forward Jack Quinn to a two-year contract extension with an AAV of $3.375 million. Quinn, 23, was slated to become a restricted free agent on July 1.

DAILY FACEOFF: Frank Seravalli reports Austin, Texas, is tossing its hat into the NHL expansion ring. The league has informed interested parties that the expansion fee is $2 billion. Atlanta, Houston, Indianapolis and New Orleans are also believed to be potential expansion markets.










Notable NHL Trades and Signings – June 27, 2025

by | Jun 27, 2025

Notable NHL Trades and Signings – June 27, 2025

The Florida Panthers signed Sam Bennett to an eight-year contract extension worth an average annual value of $8 million. He was slated to become an unrestricted free agent on July 1. 

SPECTOR’S NOTE: It’s doubtful anyone’s surprised by this news. Bennett, 29, won the 2025 Conn Smythe Trophy, helping Florida win their second straight Stanley Cup. His versatility and agitating two-way style made him an important part of the roster core that turned the Panthers into the NHL’s dominant team over the past two years.

Bennett completed a four-year contract with an average annual value of $8 million, which is what most observers projected he’d get. He might’ve received a little more on the open market from teams eager to overpay for his services, but he never had any intention of leaving a proven winner, especially when they were keen to pay up to keep him.

The Panthers intend to keep their roster core intact to remain a Cup contender for the foreseeable future. However, Bennett’s gritty style of play could catch up with him over the latter half of his deal, which could make this deal burdensome in its final years.

The Montreal Canadiens acquired defenseman Noah Dobson from the New York Islanders in exchange for the 16th and 17th overall picks in this year’s draft and forward Emil Heineman. The Habs also signed the 25-year-old defenseman to an eight-year contract worth an average annual value of $9.5 million.

SPECTOR’S NOTE: This is the biggest move yet by Canadiens general manager Kent Hughes. Dobson is a right-shot blueliner who netted a career-best 70 points in 2023-24. His production dropped to 39 points last season, but so did the offensive output of most of the Islanders in 2024-25. There were also rumors that he was clashing with Islanders head coach Patrick Roy.

New York Islanders trade Noah Dobson to the Montreal Canadiens (NHL Images).

Dobson is entering the prime of his career. If he returns to form under Montreal coach Martin St. Louis, it will take considerable pressure off young star Lane Hutson on the right side of the Canadiens’ blueline.

The Islanders didn’t seem to be much in return for Dobson. However, those two first-round picks could be used to make a trade to move up in the round, putting them in position to draft center (and Long Island native) James Hagens.

The Toronto Maple Leafs re-sign John Tavares to a four-year contract extension worth an average annual value of $4.38 million. He also gets a full no-movement clause in the first two years, followed by a five-team trade list for the final two seasons.

SPECTOR’S NOTE: This was never in doubt. Tavares stated he wanted to stay in Toronto following the Leafs’ second-round playoff exit. He knew he’d have to accept a pay cut from the $11 million AAV of his previous contract. This shows his willingness to remain a Maple Leaf.

The Colorado Avalanche traded center Charlie Coyle and winger Miles Wood to the Columbus Blue Jackets for prospect center Gavin Brindley, a 2025 third-round pick, and a 2027 second-rounder.

SPECTOR’S NOTE: This was a salary dump by the Avalanche. The 33-year-old Coyle is a versatile middle-six forward who can play center or right. Acquired at the trade deadline from the Boston Bruins, he has a year left on his contract with an AAV of $5.25 million. 

Wood frequently surfaced in the rumor mill after struggling through injuries and inconsistency in 2024-25. The 29-year-old checking-line winger is signed through 2028-29 with an AAV of $2.5 million. 

Taking into account Brindley’s $775K cap hit, the Avalanche have $8.9 million in cap space with 16 active roster players under contract. They could be planning other moves with that cap room to shore up their depth.