July 1 opens the door to the biggest contract conversations in hockey, and the names at the front of the line are exactly who you’d expect: stars, cornerstones, and in some cases, players who could reshape the top of the salary scale.
This isn’t the usual free-agency scramble for players whose deals have run out. It’s the other side of the calendar - the one where teams can lock up players who are still a year away from needing a new contract. And when those players are elite, the numbers can get serious fast.
Sidney Crosby is one of them. The Pittsburgh Penguins captain is already deep into the final chapter of a legendary career, but he’s not done yet.
In September 2024, Crosby signed a two-year extension at his symbolic $8.7 million per season. Now he’s eligible to add more years if he wants to keep going.
Even at 38, he produced 29 goals and 74 points in 68 games last season.
Macklin Celebrini is the youngest name on the list, and the San Jose Sharks would love to get ahead of the curve. Coming off an 115-point regular season in his sophomore year, the 20-year-old is only getting more dangerous.
He’s eligible for a contract extension this summer, though he remains an RFA as of July 1, which means San Jose still has control and the odds of him going anywhere are slim. His entry-level deal runs through 2027, and he can sign his first standard NHL contract this summer.
Nikita Kucherov is right there in the superstar tier, too. The Tampa Bay Lightning winger just won the Hart Trophy and is nearing the end of his eight-year deal that paid him $9.5 million per season.
At 33, he’s positioned to cash in after another monster year: 130 points, 44 goals, and his sixth 100-point season. A raise feels like the natural next step.
Then come the defensemen who can really change a franchise’s financial picture. Quinn Hughes of the Minnesota Wild is one of the NHL’s most electric skaters, and his next deal is going to reflect that.
The 26-year-old is finishing a six-year contract that carried a $7.85 million cap hit, and if the Wild want to keep their momentum going after his arrival helped turn them into a Stanley Cup contender, GM Bill Guerin is going to have to pay up. Hughes can drive the game from the back end, lead the league in ice time, and still pile up 90 points.
At the top of the list is Cale Makar, the Colorado Avalanche defenseman who checks every box Hughes does - and then some. His six-year deal, worth $9 million against the cap, runs out after next season, and Pierre LeBrun of The Athletic reported that Makar could become the highest-paid player in the NHL, topping Minnesota’s Kirill Kaprizov and his $17-million average annual value. Makar’s 79-point season may have been labeled a down year, but his résumé still includes multiple 90-point campaigns, a Stanley Cup, a Conn Smythe Trophy and two Norris Trophies.
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