NHL Rumor Mill – October 3, 2025
NHL Rumor Mill – October 3, 2025
How much could it cost the Canadiens to re-sign Lane Hutson? What’s the latest on Lukas Reichel, Carter Hart, and Michael McLeod? Find out in today’s NHL Rumor Mill.
WHAT WILL LANE HUTSON’S NEXT CONTRACT LOOK LIKE?
THE ATHLETIC: Arpon Basu and Pierre LeBrun examined what effect Luke Hughes’ new contract with the New Jersey Devils could have on the Montreal Canadiens’ efforts to re-sign Lane Hutson.
Hughes, 22, signed a seven-year deal with an average annual value of $9 million with the Devils.

Montreal Canadiens defenseman Lane Hutson (NHL Images).
Basu noted that Hutson will have little leverage because he’s coming off his entry-level contract and lacks arbitration rights. As a 10.2.c restricted free agent, he’ll be ineligible to receive an offer sheet from a rival club. Like Hughes, the only leverage Hutson will have is when training camp starts next fall.
LeBrun believes Hughes’ contract sets the bar for young defensemen coming out of their entry-level deals. He also thinks the Canadiens, like the Florida Panthers, are trying to build a salary-cap culture that fosters a better ability to contend long term.
THE HOCKEY NEWS: Adam Proteau believes Hutson is worthy of a salary higher than the $9 million AAV being earned by Hughes and what Ducks defenseman Jackson LaCombe will earn on his new eight-year extension starting in 2026-27.
Proteau pointed to Hutson’s 60 assists last season, his ice time, his ability to get in front of the puck (123 blocked shots), and his Calder Trophy win could put him in line for $10 million annually.
RG.ORG: Marco D’Amico suggested that Hutson’s limited leverage could keep the AAV on his next contract closer to $9 million annually than $10 million. The Canadiens could also offer up hefty signing bonuses and retirement compensation agreements that could boost Hutson’s after-tax earnings. Even if the AAV matches that of Hughes and LaCombe on paper, Hutson could net more in real dollars.
TVA SPORTS: Nicolas Cloutier doesn’t consider LaCombe as a good comparable for Hutson, suggesting Hughes is the better one. He also believes another dominant performance by the young Canadiens defenseman this season will give the youngster more negotiating power.
Cloutier wondered if the Canadiens could find a way to get Hutson extended as quickly as possible and integrate him into their salary structure for under $10 million annually.
Meanwhile, Renaud Lavoie reported further on how Hutson could use a tax break called the retirement compensation agreement, allowing a market like Montreal to offer financial gain to foreign-born players like Hutson.
For example, he would save up to $1.14 million on a contract with an AAV of $8 million. However, he would have to place 50 percent of his salary in trust to obtain the tax relief.
Lavoie cited sources who claim the Canadiens intend to use this leverage with the Hutson camp. It would enable the American-born blueliner to earn more money than Hughes with the Devils or LaCombe with the Ducks.
SPECTOR’S NOTE: These reports make interesting reading on what Huston’s next contract could look like, and its potential effects on other young defensemen coming out of their entry-level deals. D’Amico’s goes into great detail on what the Canadiens could do to keep the cap hit closer to $9 million.
Canadiens management has done a good job in signing their rising young stars to reasonable contracts with little difficulty. They possess most of the leverage in negotiations with the Hutson camp, but it could still be their biggest challenge given his uniqueness. It will take a significant sell job on their part to convince Hutson’s representatives to accept less than $10 million annually.
How the Canadiens handle Hutson’s contract negotiations could set the template for talks with promising winger Ivan Demidov when he becomes eligible to sign a contract extension next July.
COULD THE OILERS PURSUE LUKAS REICHEL?
EDMONTON JOURNAL: Jim Matheson reports Oilers general manager Stan Bowman is “kicking tires” on Chicago Blackhawks winger Lukas Reichel. Where the struggling youngster would fit within the Oilers is a thorny issue.
When Bowman was GM of the Blackhawks, he selected Reichel 17th overall in the 2020 NHL Draft. However, the 23-year-old winger has spun his wheels the last two seasons, and the Blackhawks no longer see him as a top-nine winger.
Bowman has done well thus far with reclamation projects such as Ty Emberson and Vasily Podkolzin. He also acquired Jake Walman and Connor Ingram. However, trying to fit Reichel’s $1.2 million AAV within their limited cap payroll could be challenging, as well as finding a suitable role for him within their current roster.
THE LATEST ON CARTER HART AND MICHAEL MCLEOD
THE ATHLETIC: Citing sources, Chris Johnston reports the Carolina Hurricanes will not sign goaltender Carter Hart or forward Michael McLeod.
Both were among the five former Hockey Canada players acquitted of sexual assault stemming from an incident in 2018 in London, Ontario. The Hurricanes were interested in Hart and McLeod, but they couldn’t reach agreements that both sides would be comfortable with.
SPECTOR’S NOTE: Hart is reportedly close to signing a two-year contract with the Vegas Golden Knights. The deal would be made official on Oct. 15, and the earliest he can play for them is Dec. 1, when his NHL suspension is lifted.



