NHL Rumor Mill – May 27, 2025

by | May 27, 2025

NHL Rumor Mill – May 27, 2025

In today’s NHL Rumor Mill, we look at this summer’s notable potential offer sheet candidates, and which ones might be targeted by the Canucks and Mammoth.

THE SCORE: Sean O’Leary looked at this year’s top offer-sheet candidates.

O’Leary starts by reminding us that teams can only surrender their own draft picks as compensation, that any restricted free agent who files for arbitration by the July 5 deadline is ineligible to sign an offer sheet, and that teams have seven days to match an offer signed by their player.

SPECTOR’S NOTE: We must also remember that an RFA player must be willing to sign an offer from a rival club. Just because a player may be considered an offer-sheet candidate by fans and pundits doesn’t mean he’s interested in signing one.

Arbitration-eligible players sometimes file simply to avoid getting offers from rival clubs, preferring to focus on re-signing with their current team before their arbitration hearing dates.

O’Leary also put up the compensation tiers for the offseason (which you can see by following the link above).

Toronto Maple Leafs forward Matthew Knies (NHL Images).

In the “Pipe Dream” category are winger Matthew Knies of the Toronto Maple Leafs and defenseman Evan Bouchard of the Edmonton Oilers. O’Leary noted that Knies last week scoffed at the notion of signing an offer sheet. Meanwhile, Bouchard is likely reluctant to leave a contender while less than half the league has adequate draft picks to offer the Oilers the second-highest compensation level (two first-rounders, a second and a third).

SPECTOR’S NOTE: A team would have to offer up a salary between $9.36 million and $11.7 million to Bouchard to tempt him, which is the second-highest salary tier. I’ve speculated that it’ll cost the Oilers around $10 million annually to sign him. It’s worth noting that Bouchard is eligible for arbitration.

O’Leary has Winnipeg Jets forward Gabriel Vilardi and Buffalo Sabres forward JJ Peterka among his “Long shots who might be worth a try”. Others include Anaheim Ducks goalie Lukas Dostal or center Mason McTavish, and New York Islanders defenseman Noah Dobson.

SPECTOR’S NOTE: That’s assuming those players aren’t re-signed before July 1. Vilardi, Dostal and Dobson are arbitraiton-eligible.

One significant factor is that all those teams have plenty of salary-cap space to match an offer sheet. Unless the goal is forcing a team to spend more than they intended to re-sign the player, it’s a waste of time going that route.

As one NHL general manager pointed out (see below), it can backfire on the team making the offer, putting them in a vulnerable position for a future retaliatory offer sheet to one of their RFAs when they have limited cap space.

Marco Rossi of the Minnesota Wild and Will Cuylle of the New York Rangers fall under O’Leary’s “Cheap-value targets”.

SPECTOR’S NOTE: They’re the most likely on O’Leary’s list to receive offer sheets this summer. Both are coming off entry-level contracts and lack arbitration rights. They would also be more affordable, falling within the third-tier compensation level (a first and a second-round pick) if they receive offers between $4.68 million and $7.020 million.

The Wild have over $16 million in cap space. They can afford to match an offer for Rossi, but there have been questions about his role and his future in Minnesota. They must also ensure they have sufficient cap room beyond next season to re-sign superstar winger Kirill Kaprizov. Rossi could be traded before July 1.

Cap space is a bigger issue for the Rangers, with $8.42 million available with 19 active roster players under contract. They could move a high-priced veteran this summer to free up room to re-sign Cuylle and perhaps add a player via trade or free agency.

THE ATHLETIC: Thomas Drance and Harman Dayal looked at possible offer-sheet targets for the Vancouver Canucks. Among the players on their list was Bowen Byram of the Buffalo Sabres.

SPECTOR’S NOTE: Byram is also arbitration-eligible. The Sabres are reportedly gauging his value in the trade market, which suggests he could be under contract with a new club before July 1.

THE SALT LAKE TRIBUNE: Belle Fraser wondered if the Utah Mammoth might go the offer-sheet route this summer.

General manager Bill Armstrong seemed a bit hesitant when questioned about it last month. “People have to realize that when you put an offer sheet in, it has to work, it has to make sense”, said Armstrong. “It just can’t aggravate the other team because they’re going to come after you at some point in time and run up your salaries.”

SPECTOR’S NOTE: If you’re going to sign a player to an offer sheet, you must be sure that you will be successful, as the St. Louis Blues were last summer by signing away Philip Broberg and Dylan Holloway from the cap-strapped Edmonton Oilers.

Otherwise, you get a situation as in 2019, when the Carolina Hurricanes matched an offer from the Montreal Canadiens for Sebastian Aho. Two years later, the Hurricanes successfully signed Jesperi Kotkaniemi from the Canadiens.

I expect Armstrong will make a significant addition to his roster this summer, but it’ll be through a trade or by signing an unrestricted free agent.










NHL Morning Coffee Headlines – May 14, 2025

by | May 14, 2025

NHL Morning Coffee Headlines – May 14, 2025

The Stars push the Jets to the brink of elimination, the league suspends Panthers minority owner Doug Cifu, and the latest on the Oilers, Leafs, Capitals and more in today’s NHL Morning Coffee Headlines.

NHL.COM: A hat trick by Mikael Granlund gave the Dallas Stars a 3-1 victory over the Winnipeg Jets in Game 4 of their best-of-seven second-round series, pushing the Jets to the brink of elimination.

San Jose Sharks forward Mikael Granlund (NHL Images).

Jake Oettinger made 31 saves for the Stars, who hold a commanding 3-1 lead in the series. Nikolaj Ehlers scored for the Jets, who got 21 saves from Connor Hellebuyck.

The Stars can wrap up this series in Game 5 in Winnipeg on Thursday, May 15, at 9:30 pm ET.

SPECTOR’S NOTE: That hat trick was Granlund’s first in the postseason. His last regular-season hat trick was in 2017. Stars defenseman Miro Heiskanen returned to action after being sidelined by a knee injury since late January. He assisted on Granlund’s second goal, which proved to be the game-winner.

The Jets played their best road game of the postseason, generating 70 shot attempts, but they could only put one goal past Oettinger, who made a big save on Kyle Connor before Granlund’s winning goal. Their special teams were a problem, giving up two power-play goals while failing to generate offense with the man advantage. The Jets have yet to win a road game in this postseason.

FLORIDA HOCKEY NOW: The league has suspended Panthers minority owner Doug Cifu indefinitely for “unacceptable and inappropriate” posts on the social media platform “X”, formerly Twitter.

Cifu made the posts in response to a comment from a Leafs fan. He has since deleted his “X” account and apologized. Cifu and will soon have an in-person meeting with NHL commissioner Gary Bettman.

NHL.COM: Toronto Maple Leafs goaltender Anthony Stolarz was on the ice taking shots during an optional skate on Tuesday. He’s been sidelined by a suspected concussion since Game 1 of their second-round series with the Panthers. Stolarz is improving, but he won’t be in the lineup for Game 5 on Wednesday.

EDMONTON JOURNAL: Oilers winger Evander Kane has been a solid physical presence for his club in this postseason, netting seven points in nine games thus far. The 33-year-old winger missed the 2024-25 regular season recovering from abdominal, hip, and knee surgeries.

SPECTOR’S NOTE: Kane was a shadow of himself during last year’s postseason as he tried to play through his injuries. Now healthy, he’s been a factor for the Oilers, who are poised to reach the Western Conference Final for the third time in four years.

TSN: Oilers defenseman Mattias Ekholm could be ready to return to action if his club advances to the next series. The 34-year-old has been sidelined with an undisclosed injury since Apr. 11.

SPECTOR’S NOTE: Getting Ekholm back for the Western Conference Final would provide a significant boost to the Oilers’ defense corps, but first, they must eliminate the Vegas Golden Knights in Game 5 on Wednesday in Las Vegas.

THE HOCKEY NEWS: Washington Capitals head coach Spencer Carbery is expected to shake up his roster before Game 5 against the Carolina Hurricanes on Thursday. The Capitals face elimination, down three games to one to the Hurricanes in their second-round series.

TSN: The Los Angeles Kings will formally announce Ken Holland as their new general manager on Thursday. Holland is the former GM of the Detroit Red Wings and Edmonton Oilers.

RG.ORG: The San Jose Sharks are close to an agreement on a new contract with Shakir Mukhamadullin. The 23-year-old defenseman is coming off his entry-level contract and appeared in 30 games with the Sharks this season, finishing with nine points.

SPORTSNET: The new compensation rates for NHL offer sheets have been revealed.

SPECTOR’S NOTE: Click the link above to see the breakdown of those rates.










NHL Rumor Mill – April 4, 2025

by | Apr 4, 2025

NHL Rumor Mill – April 4, 2025

Will there be more offer-sheet attempts this summer? Could the Devils be among the clubs targeting other clubs’ RFAs? What’s the latest on the Islanders? Find out in today’s NHL Rumor Mill.

WILL THERE BE MORE OFFER-SHEET ATTEMPTS THIS SUMMER?

THE ATHLETIC: Michael Russo and Chris Johnston report some NHL executives and general managers bracing for “a summer of offer sheets” during the 2025 offseason.

They cite the rising salary cap, the St. Louis Blues’ bold signings of Dylan Holloway and Philip Broberg from the Edmonton Oilers last summer, and the lack of quality depth among this summer’s unrestricted free-agent class.

Toronto Maple Leafs forward Matthew Knies (NHL Images).

According to PuckPedia, 88 of 95 potential restricted free agents are eligible to sign offer sheets. They include Edmonton Oilers defenseman Evan Bouchard, Toronto Maple Leafs winger Matthew Knies, Minnesota Wild center Marco Rossi, New York Rangers defenseman K’Andre Miller and forward Will Cullye, New York Islanders blueliners Noah Dobson and Alexander Romanov, and Buffalo Sabres forward JJ Peterka and defenseman Bowen Byram.

SPECTOR’S NOTE: Some of those players could be targeted for offer sheets this summer. However, Russo and Johnston also cited several general managers pointing out that the rising cap can make it easier for clubs to match if one of their players signs an offer sheet.

Johnston recently suggested that mid-tier or emerging talent is more vulnerable than established stars. That’s because contending teams want to avoid overpaying those players. Johnston cited Holloway and Broberg as notable examples.

COULD THE DEVILS GO THE OFFER-SHEET ROUTE THIS SUMMER?

NEW JERSEY HOCKEY NOW: Citing The Athletic report on the potential for a rise in offer sheets this summer, James Nichols pondered the possibility for the Devils.

In The Athletic piece, Devils GM Tom Fitzgerald seemed to suggest he could be interested in going that route if the opportunity arose.

Nichols believes the Devils need to bolster their forward depth. He suggested Ottawa Senators (and former Devil) winger Fabian Zetterlund, Seattle Kraken winger Kaapo Kakko, and Winnipeg Jets forward Gabriel Vilardi as possible options.

SPECTOR’S NOTE: The Devils might not have the cap room to sign a rival player to an offer sheet. They have a projected $13.8 million available for 2025-26 with 18 active roster players under contract. Rising star Luke Hughes is a restricted free agent coming off his entry-level contract. Re-signing him could eat roughly half of that cap room.

THE LATEST ON THE ISLANDERS

THE ATHLETIC: Arthur Staple believes the harsh public criticism New York Islanders head coach Patrick Roy levied on struggling winger Anthony Duclair is a sign of worsening times for the club.

Duclair signed with the Islanders last summer. He played with Roy in the QMJHL so he knew what he was getting into. He started the season well but was sidelined for 29 games by a torn groin and hasn’t been the same since.

Staple believes Duclair will be staying because he has three years left on his contract. Roy has a multi-year extension and isn’t leaving unless he wants to. General manager Lou Lamoriello is likely sticking around for at least one more year.

SPECTOR’S NOTE: Duclair has been granted a leave of absence to reflect following what Roy called a “good conversation” between the two on Thursday morning. Nevertheless, it’ll be interesting to see if this incident has any effect on the club’s offseason plans. 










NHL Rumor Mill – September 24, 2024

by | Sep 24, 2024

NHL Rumor Mill – September 24, 2024

In today’s NHL Rumor Mill: the latest on Igor Shesterkin’s contract talks with the Rangers and speculation over whether we’ll see an increase in offer sheets.

THE ATHLETIC: Arthur Staple and Peter Baugh report sources claiming Igor Shesterkin’s contract talks with the New York Rangers will be shelved if there’s no deal in place once the 2024-25 regular season begins next month. The Rangers kick off the campaign in Pittsburgh on Oct. 9.

Shesterkin, 28, is in the final season of his four-year contract with an average annual value of $5.666 million. He’s slated to become an unrestricted free agent next July.

New York Rangers goaltender Igor Shesterkin (NHL Images).

Those sources also said the two sides were “not remotely close” in negotiations. There’s a risk that things could spill over into next offseason.

NEW YORK POST: Mollie Walker reports Shesterkin declined to comment about the status of his contract talks, preferring to keep his focus on the upcoming season. Nevertheless, she cited sources confirming those negotiations could be put on hold if a deal isn’t in place by Oct. 9.

Walker also confirmed via industry sources that the Shesterkin camp is aiming for an average annual value of $12 million on his next contract. That would make him the highest-paid goaltender in the league.

The longer Shesterkin remains unsigned, the more precarious the situation becomes for the Rangers. They’ll face competition from other clubs who can afford to pay the former Vezina Trophy winner what he wants.

SPECTOR’S NOTE: The Rangers need Shesterkin to keep their Stanley Cup window open. There aren’t many suitable replacements via next summer’s trade or free-agent market.

Shesterkin’s departure would mean a shift into a transition phase for the Blueshirts. That could lead to veterans like Jacob Trouba, Artemi Panarin and Chris Kreider getting peddled in the trade market.

Trouba is the most likely to be traded now that he has a 15-team no-trade list this season and a 12-team list for next season. Kreider has a 15-team no-trade list. Panarin would have to waive his no-movement clause and he carries a hefty $11.6 million cap hit.

THE ATHLETIC: Pierre LeBrun wondered if the St. Louis Blues successful signings of former Edmonton Oilers defenseman Philip Broberg and winger Dylan Holloway could lead to an increase in offer sheets.

LeBrun spoke with several NHL general managers and player agents who offered up mixed views on the subject. He believes that a well-respected general manager like the Blues’ Doug Armstrong signing Broberg and Holloway could open the door a crack to future offer sheets. LeBrun also noted the lack of rancor from the Oilers in response to those signings.

SPECTOR’S NOTE: Offer sheets have been part of the CBA for decades. They remain a rarely used tactic because teams often matched, making it a futile exercise.

The Broberg and Holloway signings were unique as it was the first time a team successfully signed away two players from the same team simultaneously. The Oilers’ frenzy of signings earlier in the offseason left them lacking sufficient cap space to match those offers.

There could be what LeBrun suggested as an “uptick” in offer sheet signings going forward. However, it’s still up to the player to decide if they want to sign them. History shows most usually don’t, which is another reason why they rarely occur.










NHL Rumor Mill – July 10, 2024

by | Jul 10, 2024

NHL Rumor Mill – July 10, 2024

Check out the ongoing speculation that the Panthers might trade Aaron Ekblad, an update on Jacob Trouba, and nine possible offer-sheet candidates in today’s NHL Rumor Mill.

LATEST ON EKBLAD AND TROUBA

TSN: Jay Onrait spoke with ESPN’s Emily Kaplan on Tuesday regarding speculation the Florida Panthers could trade Aaron Ekblad to free up some salary-cap space.

Kaplan said it will be difficult for the Panthers to maintain their roster despite being a destination franchise. Nevertheless, their front office isn’t afraid to make hard decisions. She can’t confirm that Ekblad’s on the trade block but wouldn’t be surprised if the Panthers explored that possibility.

SPECTOR’S NOTE: The Ekblad trade rumors stretch back to June 2 when the Toronto Sun’s Steve Simmons speculated they could move him to free up cap room to re-sign Brandon Montour, who has since signed with the Seattle Kraken.

Ekblad has a year remaining on his contract with a cap hit of $7.5 million and a 12-team no-trade list for 2024-25.

New York Rangers defenseman Jacob Trouba (NHL Images).

The Panthers are above the $88 million cap by over $933K. They can easily become cap-compliant before their season opener in October by demoting a lower-salaried player rather than moving a high-salaried core player like Ekblad. Montour’s departure could make the Panthers less likely to move him if they intend on staging a successful defense of their Stanley Cup title.

Onrait and Kaplan also discussed the recent trade rumors swirling around New York Rangers captain Jacob Trouba. The Rangers reportedly had a deal on the table with the Detroit Red Wings. However, the 30-year-old defenseman didn’t want to do it with his wife still finishing her residency as a medical doctor.

Kaplan believes Trouba will be in the Rangers lineup when they start the season in October even though it was a really uncomfortable process over the last days and weeks. She noted Trouba used his no-trade protection in his contract to nix the deal with the Red Wings.

SPECTOR’S NOTE: Rangers general manager Chris Drury attempted an aggressive move to trade Trouba in the week leading up to the start of free agency. He hoped to shed most of his captain’s $8 million cap hit to Detroit to free up room for a foray or two into the UFA market.

Trouba used his no-trade protection to reject the deal as was his contractual right. He now has a 15-team no-trade list. Drury could peddle him to any club not on that list but it’s pointless to do so at this stage with all the top free-agent talent now gone from the market. Trouba isn’t moving unless Drury finds a return that improves the Rangers right away.

POSSIBLE OFFER SHEET CANDIDATES

SPORTSNET: Emily Sadler looked at nine restricted free agents who could become offer sheet targets this summer. She acknowledged the rarity of offer sheets, noting the last one occurred in 2021 when the Carolina Hurricanes successfully signed away Jesperi Kotkaniemi from the Montreal Canadiens.

The longer Jeremy Swayman goes without a new contract with the Boston Bruins sows another small seed of doubt about this deal and how soon it’ll get done.

SPECTOR’S NOTE: Someone could pitch an offer sheet to Swayman but that depends on his willingness to sign one. The same goes for every restricted free agent. It’s pointless to attempt if they’re not interested.

Swayman knows he’s got the Bruins’ starting goalie sewn up. He loves being a Bruins and playing in Boston. He also opted not to go to arbitration when he had the chance. That should tell us all we need to know about his interest in an offer sheet.

His negotiations could take time but that’s common. Most RFA contract talks can take most of the summer before a resolution is reached. It’s doubtful there’s any real concern here.

The Canadiens could make a “revenge play” against the Hurricanes by targeting Seth Jarvis.

SPECTOR’S NOTE: The Canadiens could make that move if Marc Bergevin was still their general manager. His attempt at signing Sebastian Aho in 2019 prompted the retaliatory Kotkaniemi signing two years later. The current Habs management probably isn’t interested in going down that road.

Swimming in cap space, the Detroit Red Wings can match any offer for Moritz Seider and/or Lucas Raymond. Whether someone attempts to set the market for them is the bigger question.

SPECTOR’S NOTE: It’s doubtful that any club will attempt it. That move will only succeed in pissing off every general manager around the league for setting the market value for comparable players.

A rival club could attempt to squeeze the cap-strapped Edmonton Oilers by pitching an offer sheet to Dylan Holloway or Philip Broberg.

SPECTOR’S NOTE: Possible but unlikely. Holloway and Broberg are in the early stages of their NHL careers. They might not pan out as hoped.

Sadler also suggested Quinton Byfield of the Los Angeles Kings, Cole Perfetti of the Winnipeg Jets and Dawson Mercer of the New Jersey Devils. An offer sheet to any one of them could mess up their team’s plans to sign them to an affordable bridge contract.

SPECTOR’S NOTE: Another possibility but only if the player is willing to entertain offer-sheet proposals. Those three might not be interested in such deals.