The NHL’s free-agent frenzy had started to cool by Thursday, but the board was still crowded with recognizable names and one especially familiar face heading back to Washington.
Patrick Kane, a three-time Stanley Cup champion, remained unsigned more than 24 hours into free agency, along with fellow former Cup winner Vladimir Tarasenko. Anthony Mantha, coming off a career year, was also still on the market, as was Claude Giroux, who is still chasing a championship at 38. On the restricted side, Jason Robertson was the biggest name without a contract while the Dallas Stars worked to get him signed.
The biggest confirmed move late Thursday centered on Alex Ovechkin. The Capitals brought back the league’s career goal-scoring record-holder on a bonus-heavy contract that carries a $1 million salary and could pay him $9 million at age 41, provided he plays in 10 games. Washington had kept enough room under the salary cap to make it happen after adding Jordan Kyrou, Alex Tuch, Boone Jenner and Vincent Desharnais this offseason.
“I’m truly happy for him,” said John Carlson, who spent 16-plus seasons with Ovechkin before signing a two-year, $17 million deal with Tampa Bay. “I felt that he really wanted to come back, and I’m glad that he came to that decision.
I think it’s great for everyone. I think it’s great for hockey.”
Toronto kept busy as well after landing goalie Sergei Bobrovsky earlier in the week, adding former Capitals forward Brandon Duhaime on a three-year deal as the Maple Leafs continued to reshape their roster.
Day 1 of free agency had already been a whirlwind, with more than 55 players changing teams and more than $360 million in contracts handed out. That total doesn’t even include Bowen Byram, who was acquired in a trade with Buffalo and then became the highest-paid defenseman beginning in 2027 under a new Chicago deal with an average salary of $12.5 million.
Minnesota made one of the more active swings of the day, keeping some of its own pieces while also landing Blake Coleman and Olli Maatta in a trade with Calgary. In return, the Flames got Jake Middleton and three draft picks, including a second-rounder in 2029. Calgary also agreed to keep 50% of the $4.9 million Coleman is owed in the final year of his contract.
Coleman, 34, is coming off his fourth 20-goal season, finishing with 20 goals and 35 points. Maatta brings 13 years of NHL experience and a reputation built on steady defensive play. Middleton departs Minnesota after more than four seasons there.
The Wild also added Maxim Shabanov on a $1.6 million deal for next season after the Islanders opted not to bring back the Russian winger. To go with that, Minnesota re-signed defenseman Zach Bogosian for $1.25 million and right winger Nick Foligno for $900,000, both on one-year contracts.
Montreal kept building too, locking up Jakub Dobes on a three-year extension running from 2027-30 worth just over $16 million. The goalie, who called himself a “goofy goalie,” was one of the bright spots in the Canadiens’ run to the Eastern Conference Final. His annual average salary comes out to $5,357,575, a number that matches the final four digits of his No. 75 jersey.
“I feel like it was really important this summer to kind of get it done with,” Dobes said on a video call with reporters. “Where I come from in the Czech Republic, it’s a lot of money.
I’m really happy, especially for my family that we have this all together. I cannot really get satisfied.
I don’t feel like the money is too important to me. I’m just happy I can focus on hockey and have a clear mind and try to win a championship with Montreal.”
Earlier this week, the Canadiens also signed rookie of the year finalist Ivan Demidov to an eight-year, $73 million contract through 2035. Captain Nick Suzuki is under contract through ’30, while wingers Juraj Slafkovsky and Cole Caufield and defensemen Lane Hutson, Noah Dobson, Mike Methson and Kaiden Guhle are all signed through ’31.
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Islanders Linked To A Scoring Gamble Fans Know They Need
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New York is not alone in looking for help, and this is exactly the kind of swing that can make sense on paper while still forcing a front office to weigh the downside carefully. The Islanders are also tracking the longer arc of their future, with 2026 first-round pick Malte Gustafsson keeping his own development path in place as he prepares to stay in Europe a little longer before coming over. [Read more 🡒]
Islanders Just Lost A Depth Scorer Who Never Got His Chance
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Instead, Beckman moved on in free agency after getting only limited NHL experience and never receiving the call-up many around the team thought might come. For an Islanders group that has leaned on organizational depth at various points, losing a player who had shown he could score in the minors but never got his chance is the sort of move that can be easy to overlook now and harder to replace later. [Read more 🡒]
Islanders Fans Just Got Hit With A Brutal Anders Lee Twist
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The wrinkle is that Lee did not simply walk away from New York and fade into the background. He landed with the Utah Mammoth on a three-year deal, giving him a new home while leaving Islanders followers to process what his exit means for the roster and the leadership structure moving forward. It is the kind of move that can linger beyond the transaction itself, especially when it involves a player so closely tied to the teams recent identity. [Read more 🡒]
