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It's July, which means the 2023 NHL free agent frenzy is underway. In the first few hours after free agency began, many of the biggest names on the market agreed to new contracts.

After the Nashville Predators bought out Matt Duchene on Friday, he signed a one-year deal worth $3 million with their division rival, the Dallas Stars. The Predators had some openings to fill up front after parting ways with Duchene and Ryan Johansen this offseason, so they inked center Ryan O'Reilly to a four-year contract worth $18 million.

Perhaps the most attractive defenseman on the open market was Dmitry Orlov, and he parlayed a strong 2023-24 season into a two-year, $15.5 million contract with the Carolina Hurricanes. His former Boston Bruins teammate, Tyler Bertuzzi, signed a one-year deal with the Maple Leafs on Sunday. 

With some teams brushing up against the salary cap, free agent signings might not be the only action we see once the market officially opens. Some big names get moved in trades, especially with players like Alex DeBrincat and Connor Hellebuyck reportedly on the block.

Stay tuned here at CBS Sports as we track all of the most significant moves of the NHL offseason.

2023 NHL free agency tracker

RankPlayerPOSLast TeamNew TeamStatus
1 C One year, $3 million
2 C Four years, $18 million
3 LW

4 D Two years, $15.5 million
5 G Five years, $26.875 million
6 RW One year, $1.1 million
7 LW One year, $5.3 million
8 RW

9 LW Four years, $25 million
10 RW

11 G Five years, $20 million
12 LW One year, $1 million
13 D Three years, $8.25 million
14 D One year, $2.25 million
15 G One year, $850,000
16 G One year, $1 million
17 G Two years, $6.8 million
18 G One year, $1.5 million
19 C One year, $2 million
20 D One year, $3.25 million
21 D Three years, $12 million
22 LW One year, $1 Million
23 D Three years, $10 million
24 C Two years, $6.37 million
25 G Two years, $4.7 million
26 D One year, $3 million
27 C One year, $1.9 million
28 LW One year, $2 million
29 D Three years, $9.75 million
30 RW One year, $1 million
31 D One year, $1 million
32 C One year, $2 million
33 RW Three years, $6 million
34 RW One year, $2 million
35 G One year, $1.75 million
36 C One year, $2.2 million
37 D Six years, $27 million
38 LW Three years, $13.5 million
39 LW Six years, $15 million
40 LW Seven years, $21 million
41 C Two years, $4.9 million
42 D Two years, $6.3 million
43 D Seven years, $24.5 million
44 C Five years, $25.5 million
45 D One year, $4.15 million
46 RW One year, $4 million
47 D One year, $2.5 million
48 C Two years
49 D One year, $4.125 million
50 C Four years
51 RW One year, $1.125 million
52 LW One year, $5.5 million
53 D One year
54 G One year
55 D One year, $775,000
56 RW One year, $1.5 million