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NHL Free Agency Day: Ranking the biggest contracts signed on July 1

It’s July 1st, a public holiday in Canada and one of the most important days on the NHL calendar. Today at noon, NHL free agents became eligible to sign contracts with teams and the action was fast and furious. Within the first hour, Chris Johnston’s big free agency board has already been taken over. There were a lot of mandates and a lot of money spent.

So, to make sense of it all, here’s a list of free agent contracts we evaluated throughout the day.


The Florida Panthers are signing right wing Sam Reinhart to an eight-year contract with an AAV of $8.625 million.

Contract quality: A+
Adjustment level: A+

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NHL Contract Notes: Panthers get bargain on Sam Reinhart deal

The Tampa Bay Lightning are signing winger Jake Guentzel to a seven-year contract with an AAV of $9 million.

Quality of the contract: A
Quality of fit: A+

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NHL Contract Notes: Jake Guentzel is a good pick and value for the Lightning

Steven Stamkos brings championship legacy to Predators

The Nashville Predators are signing forward Steven Stamkos to a four-year contract with an annual value of $8 million.

Contract category: B-
Quality of fit: A

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NHL Contract Notes: Steven Stamkos Brings Championship Legacy to Nashville

Bruins shop wisely by adding Elias Lindholm and Nikita Zadorov

The Boston Bruins are signing forward Elias Lindholm to a seven-year, $7.75 million annual contract and guard Nikita Zadorov to a six-year, $5 million annual contract.

Contractual quality for Lindholm: A
Contractual quality for Zadorov: B more
Suitable for category: One more

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NHL contract notes: Bruins shop wisely adding Elias Lindholm and Nikita Zadorov

Predators Take More Big Hits on Jonathan Marchessault and Brady Skjei

The Nashville Predators signed forward Jonathan Marchessault to a five-year contract with an AAV of $5.5 million and defenseman Brady Skjei to a seven-year contract with an AAV of $7 million.

Skjei contract category: B
Marchessault contractual grade: Unless
Suitable for category: B+

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NHL contract notes: Predators still trying new opportunities for Jonathan Marchessault and Brady Skjei

Brandon Montour gives the Kraken what they need on the blue line

The Seattle Kraken sign defenseman Brandon Montour to a seven-year contract at an AAV of $7.14 million.

Contract quality: B-
Quality of fit: A

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NHL Contract Notes: Brandon Montour gives Kraken what they need on the blue line

The Detroit Red Wings have signed winger Patrick Kane to a one-year contract worth $4 million in salary plus $2.5 million in incentives.

Contract category: A
Quality of fit: A-

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NHL Contract Notes: Patrick Kane Stays With Red Wings on Smart One-Year Deal

Teuvo Teravainen returns to Blackhawks on 3-year contract

The Chicago Blackhawks are signing 29-year-old right winger Teuvo Teravainen to a three-year contract with an annual salary cap hit of $5.4 million.

Quality of the contract: A-
Quality of fit: A-

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NHL Contract Rating: Teuvo Teravainen Returns to Blackhawks on 3-Year Deal

Devils gain size and experience with Brett Pesce, but at a high cost

The New Jersey Devils signed defenseman Brett Pesce to a six-year contract with an annual value of $5.5 million.

Contract category: B-
Adjustment level: A

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NHL Contract Notes: Devils get size, experience with Brett Pesce, but at high cost

The San Jose Sharks sign Tyler Toffoli to a four-year contract worth $6 million per season.

Contract category: B+
Adjustment level: A-

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NHL Contract Level: Sharks add Tyler Toffoli as potential teammate for Macklin Celebrini

Canucks add winning wingers Jake DeBrusk and Danton Heinen

The Vancouver Canucks are signing wingers Jake DeBrusk to a seven-year contract with an annual value of $5.5 million and Danton Heinen to a two-year contract with an annual value of $2.3 million.

DeBrusk Contract: B-
DeBrusk Adjustment: A

Heinen Contract: B+
Heinen Cup: A

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NHL Contract Notes: Canucks add wingers Jake DeBrusk, Danton Heinen

Capitals blue line gets another boost with Matt Roy

The Washington Capitals are signing defenseman Matt Roy to a six-year contract with an annual value of $5.75 million.

Contract category: A-
Quality of fit: A-

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NHL contract grades: Capitals blue line gets another boost with Matt Roy

Blue Jackets take a chance by giving Sean Monahan 5 years

Columbus Blue Jackets sign forward Sean Monahan to five-year contract with annual value of $5.5 million

Contract category: C-minus
Quality of fit: C+

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NHL Contract Notes: Blue Jackets take a chance on Sean Monahan, signing him to a 5-year deal

Blackhawks sign top free agent goaltender Laurent Brossoit to 2-year contract

The Chicago Blackhawks are signing goaltender Laurent Brossoit to a two-year contract with a salary cap hit of $3.3 million.

Contract category: A-
Quality of fit: A-

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NHL Contract Notes: Blackhawks sign top free agent goaltender Laurent Brossoit to 2-year deal

Maple Leafs get more versatile with Oliver Ekman-Larsson and Anthony Stolarz

The Toronto Maple Leafs signed defenseman Oliver Ekman-Larsson to a four-year contract with a $3.5 million cap hit and goaltender Anthony Stolarz to a two-year contract with a $2.5 million cap hit.

Ekman-Larsson contract category: B+
Stolarz contractual quality: A
Quality of fit: A-

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NHL Contract Notes: Maple Leafs Get More Complete With Oliver Ekman-Larsson, Anthony Stolarz

Tyler Bertuzzi a solid choice for the Blackhawks, according to Connor Bedard

The Chicago Blackhawks are signing winger Tyler Bertuzzi to a four-year, $5.5 million AAV deal.

Quality of the contract: A-
Adjustment level: A

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NHL Contract Quality: Bertuzzi a Good Fit for Blackhawks, Bedard

Chris Tanev worth the risk for Maple Leafs on long-term deal

The Toronto Maple Leafs sign defenseman Chris Tanev to a six-year contract with an annual value of $4.5 million.

Contract category: B
Quality of fit: A+

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NHL Contract Notes: Chris Tanev worth the risk for Maple Leafs with long-term deal

Kraken Makes Risky Bet on Chandler Stephenson

The Seattle Kraken sign Chandler Stephenson to a seven-year contract worth $6.25 million AAV.

Contract category: VS
Adjustment level: B-

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NHL contract notes: Kraken take expensive gamble on Chandler Stephenson

(Photo by Sam Reinhart and Steven Stamkos: Eliot J. Schechter / 1NHLI via Getty Images)

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