Notable NHL Trades and Signings – June 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.