NHL Free Agent Tracker: Instant analysis on the biggest signings

Free agency is open, meaning NHL owners and general managers are spending big in hopes of finding that missing piece to their teams' puzzles. While the big fish that was Steven Stamkos is no longer headed to the open market, the list of players eligible to be signed was pretty deep, particularly at forward. It didn't take long for them to start changing addresses.

Among the top free agents available Friday, Milan Lucic, Loui Eriksson, Kyle Okposo, Frans Nielsen, David Backes and Andrew Ladd topped the list up front. Defensemen of note include Dan Hamhuis, Jason Demers and Kris Russell. At the goaltending position, James Reimer appears to be the top prize on the market.

All of those players, with the exception of Demers and Russell had been signed as Day 1 reached its conclusion. Demers was one of the first to go on Day 2, though.

There weren't a ton of big names on the list, but plenty of veterans that will help the teams they are going to. But as is always the case in free agency, the prices can get pretty high as the market thins out.

Last year, we saw GMs get pretty sensible on what was considered a pretty weak market. This year's UFA class was a little stronger, so the competition boosted the dollar amount and term some of these players commanded.

After a flurry of activity on the first day, here's a look at all of the biggest signings from Day 1 and beyond, as we'll be keeping this up to date as more players sign throughout the offseason.

All contract figures below via CapFriendly.com.

* - Denotes re-signing
Note: Players without dollar amount are likely minor league players.

Anaheim Ducks

  • Mason Raymond, LW -- 1 year, $675,000
  • Nate Guenin, D -- 1 year, $600,000
  • Jared Boll, RW -- 2 years, $1.8 million ($900,000 AAV)
  • Jeff Schultz, D -- 1 year
  • Korbinian Holzer*, D -- 1 year, $700,000
  • Stefan Noesen*, RW -- $600,000
  • Antoine Vermette, C -- 2 years, #3.5 million ($1.75 million AAV)

Arizona Coyotes

  • Jamie McGinn, LW -- 3 years, $10 million ($3.33 million AAV)
  • Klas Dahlbeck*, D -- 1 year, $750,000
  • Kevin Connauton*, D -- 2 years, $2 million ($1 million AAV)
  • Justin Peters, G -- 1 year
  • Ryan White, C/W -- 1 year, $1 million
  • Jarred Tinordi*, D -- 1 year, $700,000
  • Garret Ross, LW -- 1 year
  • Jamie McBain, D -- 1 year, $600,000
  • Chris Mueller, C -- 1 year
  • Shane Doan*, RW -- 1 year, $3.876 million
  • Luke Schenn, D -- 2 years, $2.5 million ($1.25 million)
  • Connor Murphy*, D -- 6 years, $23.1 million ($3.85 million AAV)
  • Michael Stone*, D -- 1 year, $4 million
  • Radim Vrbata, RW -- 1 year, $1 million

Boston Bruins

David Backes, C/W -- 5 years, $30 million ($6 million AAV)

Instant Analysis: It's pretty hard to believe Backes is no longer with the Blues, but he'll be going to a team that puts a high value on his style of play. The 32-year-old forward had 45 points last season, his lowest total in a full season since 2007-08. That said, Backes still brings value as a two-way forward who can play at center or wing and still has a lot of snarl in his game. However, losing Loui Eriksson, who has more scoring potential and is younger doesn't seem like the Bruins get better with this deal.

  • John-Michael Liles, D -- 1 year, $2 million
  • Anton Khudobin, G -- 2 years, $2.4 million ($1.2 million AAV)
  • Tommy Cross*, D -- 1 year
  • Tyler Randell*, RW -- 1 year
  • Riley Nash, C/W -- 2 years, $1.8 million ($900,000 AAV)
  • Tim Schaller, C -- 1 year
  • Alex Grant, D -- 1 year
  • Colin Miller*, D -- 2 years, $2 million ($1 million AAV)
  • Joe Morrow*, D -- 1 year, $800,000
  • Chris Casto*, D -- 1 year
  • Brian Ferlin*, RW -- 1 year
  • Dominic Moore, C -- 1 year, $900,000

Buffalo Sabres

Kyle Okposo, RW -- 7 years, $42 million ($6 million AAV)

Instant Analysis: The Sabres were one of the teams that wanted Steven Stamkos, but they still managed to boost their scoring in free agency. Okposo was arguably the top forward available in terms of where he's at in his career and what he's shown so far. He could play on the team's top six and push lower-scoring wingers down the lineup. With some power in his game, he helps the Sabres' offense get a little tougher to manage in the offensive zone. Going from John Tavares to Jack Eichel (or Ryan O'Reilly) will be a drop off, but not so dramatic that Okposo should be impacted significantly.

  • Justin Falk, D -- 1 year
  • Taylor Fedun, D -- 1 year
  • Anders Nilsson, G -- 1 year, $1 million
  • Derek Grant, C -- 1 year
  • Marcus Foligno*, LW -- 1 year, $2.25 million
  • Daniel Catenacci, C -- 1 year
  • Jason Kasdorf*, G -- 2 years
  • Eric Burgdoerfer, D -- 1 year

Calgary Flames

Troy Brouwer, RW -- 4 years, $18 million ($4.5 million AAV)

Instant Analysis: One of the heroes of the Blues' playoff run last year, Brouwer looked like a player who appeared ripe for an overpayment. However, based on term and what he brings, this is not a huge overpayment. He's 30 years old, provides some secondary scoring and makes the Flames bigger. It's a bigger commitment to a likely third-line player, but a fair raise for a player who was making $3.6 million per season on his last contract. He also won a Stanley Cup with Chicago in 2010, which is an added bonus.

Sean Monahan*, C -- 7 years, $44.1 million ($6.3 million AAV)

Instant analysis: With Monahan signed, the Flames cleared a major hurdle. They have one left in RFA winger Johnny Gaudreau, but Monahan is a huge part of this team's future. The 21-year-old has more points than any player from his draft class and the 80 goals he's scored over his first three years suggests an incredibly bright future. Full rundown on Monahan's deal here.

  • Chad Johnson, G -- 1 year, $1.7 million
  • Linden Vey, C/W -- 1 year, $700,000
  • Tyler Wotherspoon*, D -- 1 year

Carolina Hurricanes

  • Viktor Stalberg, LW -- 1 year, $1.5 million
  • Andrew Miller, C -- 1 year
  • Lee Stempniak, RW -- 2 years, $5 million ($2.5 million AAV)
  • Matt Tennyson, D -- 1 year
  • Victor Rask*, C -- 6 years, $24 million ($4 million AAV)
  • Keegan Lowe*, D -- 1 year
  • Brody Sutter*, C -- 1 year
  • Brendean Woods*, LW -- 1 year
  • Dennis Robertson*, D -- 1 year
  • Ryan Murphy*, D -- 2 years, $1.575 million ($787,500 AAV)

Chicago Blackhawks

Brian Campbell, D -- 1 year, $2.25 million

Instant Analysis: Chicago is somewhat lucky that Campbell was looking for comfort over money. A talented offensive defenseman and positive possession player, Campbell remains extremely effective at 37 years old. He made no secret of his hope to return to the team he helped win a Stanley Cup in 2010. The cap-strapped Hawks land a top-four Dman for bottom-pairing money. This will make them better in a tough cap situation.

  • Pierre-Cedric Labrie, LW -- 1 year
  • Trevor Carrick, C -- 1 year
  • Spencer Abbott, LW -- 1 year
  • Jordin Tootoo, RW -- 1 year, $750,000
  • Mark McNeill*, RW -- 1 year

Colorado Avalanche

Nathan MacKinnon*, C -- 7 years, $44.1 million ($6.3 million AAV)

Instant Analysis: MacKinnon is only 20 years old and he's already one of the Avalanche's best players. The former No. 1 overall pick should be just that for a long time, too. After a mini sophomore slump, MacKinnon put up 52 points in 72 games last season. His explosive speed and nose for the net makes him one of the more exciting young players in the league. The Avs are buying up three of MacKinnon's UFA-eligible years with this deal and with a $6.3 million annual average, there's a good chance his performance outshines the value of his contract. This is a smart long-term extension for a team that typically won't be spending to the cap.

Tyson Barrie*, D -- 4 years, $22,000 ($5.5 million AAV)

Instant Analysis: After going through the uneasy process of arbitration, the Avs didn't wait for the arbitrator to render a decision. By locking up Barrie with a longer-term deal, the Avs avoid going through this process again. They only bought up a year of UFA eligibility with this contract. Buying up more would have cost more against the cap, which is probably why the two sides settled at four years. That term is going to make Barrie more expensive to keep later, but this is far better than trying out another bridge deal, especially after he performed so well on his last bridge contract (102 points over the last two seasons). Barrie is a core player for this team. Getting something longer term done would have been ideal, but with the Avs now pushing against the salary cap, this is about as good a middle point as they could have hoped for in what could have been a more contentious situation.

  • Patrick Wiercioch, D -- 1 year, $800,000
  • Ryan Stanton, D -- 1 year
  • Turner Elson, LW -- 1 year
  • Joe Colborne, C/W -- 2 years, $5 million ($2.5 million AAV)
  • Fedor Tyutin, D -- 1 year, $2 million
  • Mike Sislo, RW -- 1 year
  • Jim O'Brien, C -- 1 year
  • Trent Vogelhuber, LW -- 1 year
  • Reid Petryk, C/W -- 1 year
  • Calvin Pickard*, G -- 2 years, $2 million ($1 million)
  • Mikhail Grigorenko*, C -- 1 year, $1.3 million
  • Ben Smith, RW -- 1 year

Columbus Blue Jackets

  • T.J. Tynan*, C -- 1 year
  • Scott Harrington*, D -- 1 year
  • Alex Broadhurst*, C -- 1 year
  • Sam Gagner, C/W -- 1 year, $650,000

Dallas Stars

Dan Hamhuis, D -- 2 years, $7.5 million ($3.75 million AAV)

Instant Analysis: The Stars needed to find affordable defensive help and they got it with Hamhuis. Despite his being one of the few solid defensemen available on the market, the Stars didn't have to overpay for the veteran blueliner who represented Canada in the Olympics two years ago. Hamhuis is a good two-way defensemen whose point production has gone down some. He's still a top-four blueliner and with a two-year term, they're not over-extending themselves for a 33-year-old. This looks like a very good deal for both sides here.

Jamie Benn*, LW -- 8 years, $76 million ($9.5 million AAV) -- Full story

Jiri Hudler, LW -- 1 year, $2 million

Instant analysis: Already an offensive juggernaut, the Stars improved their scoring depth down the wing by bringing in Hudler on a deeply discounted deal. As summer progressed, it seemed obvious Hudler would no longer be able to rake in a salary like the $4 million per year on his last contract and Dallas is benefiting in a big way. Hudler had 46 points last season after putting up 76 the year before. He'll fit in well with the Stars' middle six forwards and might even be able to maintain a rate of production in the 40-50 point range. The Stars definitely get better up front with this signing. Not a bad way to head into the last month of the offseason.

  • Adam Cracknell, RW -- 1 year, $600,000
  • Jamie Oleksiak*, D -- 1 year, $918,750
  • Patrick Eaves*, RW -- 1 year, $1 million
  • Matej Stransky*, RW -- 1 year

Detroit Red Wings

Frans Nielsen, C -- 6 years, $31.5 million ($5.25 million AAV)

Instant Analysis: A solid two-way center, Nielsen could be either the No. 2 or No. 3 guy on the roster. Based on this salary, he's probably the No. 2. It's a big drop off from Pavel Datsyuk, but most everyone would have been (save for Steven Stamkos). Nielsen had 52 points for the Islanders last year and does a lot of little things well. He'll help, even if the Red Wings are paying a premium here.

Thomas Vanek, LW -- 1 year, $2.6 million

Instant Analysis: The Red Wings took advantage of a situation where a player was bought out and has something to prove. Vanek was under pressure in Minnesota due to his contract and his history having played for the Gophers, and he never really lived up to the expectations. Now he can collect his buyout money and and extra $2.6 million on top of that. He had 41 points last season and still can make plays at 32 years old. This is a low-risk, high-reward contract for Detroit.

Danny DeKeyser*, D -- 6 years, $30 million ($5 million AAV)

Instant analysis: Despite a tight salary cap and the ability to go to arbitration, the Red Wings bet big on DeKeyser, who has grown into a solid, if unspectacular top-four defenseman for the club. Detroit makes a habit of holding onto their guys as long as they can and paying whatever it takes to do it, but it's hard not to be surprised by both the money and term. he is getting DeKeyser has been more of a shutdown guy and put up mostly middling statistics both among counting stats and possession numbers. He did have a career-high eight goals last year, but saw an 11-point decrease from the season before in only two fewer games played. Meanwhile, the Wings are already into the upper limit of the salary cap, which is allowed in the offseason. That said, they still have to work out a deal with No. 1 goalie Petr Mrazek that won't come cheap. Despite moving Pavel Datsyuk's cap hit, GM Ken Holland has a lot more maneuvering to do to get the team cap compliant before the start of the season.

Petr Mrazek*, G -- 2 years, $8 million ($4 million AAV)

Instant Analysis: Facing the prospects of leaving this negotiation in the hands of an arbitrator, the Red Wings and Mrazek settled on a two-year bridge deal. With Mrazek essentially taking over as a No. 1 last year, the team still has a lot to learn about the 24-year-old. That's evident by the bridge deal he's been signed to, which leaves Detroit at risk for having to sign him to a pretty expensive deal when this one expires. Mrazek posted a .921 save percentage and 27-16-6 record last season and has performed well in the playoffs in two separate postseasons. The talent is there. Assuming he can stay healthy and maintain a level of consistency that he didn't always show last year, he's going to be making No. 1 goalie money. Detroit is currently over the salary cap for the upcoming season, so they're going to have to try to dump salary before the end of training camp.

  • Darren Helm*, C/W -- 5 years, $19.25 million ($3.85 million AAV)
  • Alexey Marchenko*, D -- 2 years, $2.9 million ($1.45 million AAV)
  • Matt Lorito, LW -- 2 years, $1.225 million ($612,500 AAV)
  • Steve Ott, C -- 1 year, $800,000
  • Ben Street, C -- 1 year
  • Edward Pasquale, G -- 1 year
  • Jared Coreau, G -- 2 years, $1.225 million ($612,500 AAV)
  • Teemu Pulkkinen*, LW -- 1 year, $812,500
  • Luke Glendening*, C/W -- 4 years, $7.2 million ($1.8 million AAV)
  • Mitch Callahan*, RW -- 1 year

Edmonton Oilers

Milan Lucic, LW -- 7 years, $42 million ($6 million AAV)

Instant Analysis: Milan Lucic will help the Edmonton Oilers, but he's getting the same amount of money Taylor Hall was making and doesn't offer the offensive talent Hall does. The Oilers get three more years of team control with Lucic than they would have had with Hall, but this is an expensive downgrade for Peter Chiarelli. Lucic is probably extra protection for Connor McDavid and should manage to thrive alongside the young center, but it's still hard to view this as a lateral move for the same price.

  • Jonas Gustavsson, G -- 1 year, $800,000
  • Mark Fraser, D -- 1 year
  • Taylor Beck, LW -- 1 year, $650,000
  • David Musil, D -- 1 year
  • Matthew Benning, D -- 2 years (college free agent)

Florida Panthers

James Reimer, G -- 5 years, $17 million ($3.4 million AAV)

Instant Analysis: The top goalie available, the Panthers bring in Reimer as a very expensive backup. Roberto Luongo showed that he had plenty of gas in the tank, but banking on him to play at a top level from much longer isn't a great bet. The Panthers have an opportunity to take the heat off of Luongo without much drop off when they put Reimer in there. Perhaps the term is what helped them keep the cost down, but this is a pretty big commitment to a guy who will be their No. 2.

Aaron Ekblad*, D -- 8 years, $60 million ($7.5 million AAV)

Instant Analysis: One of the deals the Panthers did away from free agency was to get an extension done with Ekblad. After only two years in the league, the former No. 1 overall pick has exceeded expectations. He's already the team's best defenseman and they've done some restructuring around him. The long-term commitment shows how much they value Ekblad as part of the core and the work being done in Florida shows some serious commitment from ownership to spend big. This deal kicks in at the start of 2017-18.

Jason Demers, D -- 5 years, $22.5 million ($4.5 million AAV)

Instant Analysis: The Panthers' makeover of the defense continues. Aaron Ekblad will be one of the last men standing from a blue line that helped the Panthers win the Atlantic last season. Demers joins Keith Yandle and Mark Pysyk as new additions. The Panthers had to pay a premium for Demers due to the weak defensive market in unrestricted free agency, but he was one of the guys that appeared to be worth paying for. He had 23 points and strong possession numbers in Dallas last year and has good enough two-way capabilities to fit into the style the Panthers are gearing towards. Their new front office is quickly putting their own stamp on this team. We have to wait until next season to see if it pans out, but they're making a strong statement in free agency.

  • Jonathan Marschessault, C -- 2 years, $1.5 million ($750,000 AAV)
  • Colton Sceviour, RW -- 2 years, $1.9 million ($950,000 AAV)
  • Vincent Trocheck*, C/W -- 6 years, $28.5 million ($4.75 million AAV)
  • Reilly Smith*, RW -- 5 years, $25 million ($5 million AAV)
  • Derek MacKenzie*, C -- 2 years, $2.7 million ($1.35 million AAV)
  • Logan Shaw*, RW -- 1 year, $660,000
  • Jonathan Racine, D -- 1 year

Los Angeles Kings

  • Tom Gilbert, D -- 1 year, $1.4 million
  • Zach Trotman, D -- 1 year
  • Jeff Zatkoff, G -- 2 years, $1.8 million ($900,000 AAV)
  • Michael Latta, C -- 1 year, $600,000
  • Teddy Purcell, RW -- 1 year, $1.6 million
  • Derek Forbort*, D -- 1 year
  • Nic Dowd*, C -- 1 year
  • Jack Campbell, G -- 1 year
  • Patrick Bjorkstrand, RW -- 1 year
  • Andrew Crescezni, C -- 1 year

Minnesota Wild

Eric Staal, C -- 3 years, $10.5 million ($3.5 million AAV)

Instant analysis: Staal is a long way removed from his $8.25 million-per-year contract he recently played under, but he's long removed from the player that signed that deal. That said, the Wild aren't over-extending themselves to add a quality veteran with Stanley Cup experience. If they find him the right role and linemates, he should help bring a new element to a Wild team that has struggled getting over the hump. Staal believes he can still be a top-six center, but it's really hard to see him as that right now. It's worth a shot to see if he sparks the guys around him, but there's no added pressure to force him into that role based on his salary.

  • Chris Stewart, LW -- 2 years, $2.3 million ($1.15 million AAV)
  • Patrick Cannone, C -- 1 year
  • Alex Stalock, G -- 1 year
  • Victor Bartley, D -- 1 year, $650,000
  • Darcy Kuemper*, G -- 1 year, $1.55 million
  • Jordan Schroeder*, C/W -- 1 years, $650,000
  • Matt Dumba*, D -- 2 years, $5.1 million ($2.55 million AAV)

Montreal Canadiens

Alexander Radulov, RW -- 1 year, $5.75 million

Instant analysis: The Habs needed to boost scoring and they went in a direction that was completely unexpected. Alex Radulov hasn't played in the NHL since 2011-12 when he had a high-profile screw-up, breaking curfew during the playoffs and getting suspended by the Nashville Predators. He went back to tearing up the KHL and many believed he'd be playing in Russia gain after failing to attract enough NHL interest this summer. The Habs swooped in and landed the top-six winger out of no where. Radulov is a gifted scorer, but character concerns have plagued him in North America and back home. How that will play with head coach Michel Therrien could be incredible theater.

He had 65 points in 53 games last year for CSKA Moscow and turns 30 in a few days. After trading away P.K. Subban amid rumors of a possible personality conflict with the team, the Habs are doubling down on risk with this deal for Radulov whose last NHL stint ended in bitter disappointment. These are strange days in Montreal, but this is crazy enough to work.

  • Al Montoya, G -- 1 year, $950,000
  • Zach Redmond, D -- 2 years, $1.225 million ($612,500 AAV)
  • Daniel Carr*, LW -- 2 years, $1.45 million ($725,000 AAV)
  • Chris Terry, LW -- 1 year, $600,000
  • Philip Samuelsson, D -- 1 year
  • Phillip Danault*, C -- 2 years, $1.825 million ($912,500 AAV)
  • Bobby Farnham, RW -- 1 year, $575,000

Nashville Predators

  • Yannick Weber, D -- 1 year, $575,000
  • Matt Irwin, D -- 1 year, $575,000
  • Michael Liambis, LW -- 1 year
  • Petter Granburg*, D -- 2 years
  • Calle Jarnkrok*, C/W -- 6 years, $12 million ($2 million AAV)
  • Matt Carle, D -- 1 year, $700,000

New Jersey Devils

Kyle Palmieri*, RW -- 5 years, $23.25 million ($4.65 million AAV)

Instant analysis: After filing for arbitration earlier in the week, neither the Devils nor Palmieri have to worry about going through that often uncomfortable process. The team announced a new five-year deal for the hometown kid who was acquired last summer for a pair of draft picks. Palmieri scored 30 goals for the Devils in a breakout season. The 25-year-old seemed to really find his game while playing in his native New Jersey. With Taylor Hall added to the mix, the Devils are sure to have more scoring punch next season. Meanwhile, Palmieri has a deal that should occupy his remaining prime scoring years at a reasonable cost for the Devils. There's always a little risk in handing a big extension to a player off of a surprise career year like Palmieri just had, but he's going to be put in a position to succeed as Devils continue to push the pace offensively.

  • Ben Lovejoy, D -- 3 years, $8 million ($2.66 million AAV)
  • Vernon Fiddler, C/W -- 1 year, $1.25 million
  • Jon Merrill*, D -- 2 years, $2.275 million ($1.13 million AAV)
  • Devante Smith-Pelly*, RW -- 2 years, $2.6 million ($1.3 million AAV)
  • Beau Bennett, LW -- 1 year, $725,000
  • Carter Camper, C -- 1 year
  • Andrew MacWilliam, D -- 1 year
  • Luke Gazdic, LW -- 1 year, $700,000
  • Jacob Josefson*, C/W -- 1 year, $1.1 million
  • Sergey Kalinin*, C -- 1 year, $800,000
  • Reece Scarlett*, D -- 1 year
  • Brandon Gormley, D -- 1 year
  • Reid Boucher*, LW -- 1 year, $715,000

New York Islanders

Andrew Ladd, LW -- 7 years, $38.5 million ($5.5 million AAV)

Instant Analysis: When the Jets traded Ladd to Chicago last season, it was believed he was seeking $6 million a year and Winnipeg just couldn't do it. The Isles didn't get all the way there, but they did tack on seven years. New York lost both Kyle Okposo and Frans Nielsen. They needed forward help, but this is a big commitment to a player that will be 31 at mid-season. Is he an upgrade over the 28-year-old Okposo who is surging in his career? Probably not, but he brings a lot of the same elements and has that added Stanley Cup experience as a two-time winner. There's not much of a drop off here between him and Okposo, but those last few years of this deal could hurt. That may be something Garth Snow is totally willing to live with for what he expects out of these next three or four years.

  • Jason Chimera, RW -- 2 years, $4.5 million ($2.25 million AAV)
  • Shane Prince, C/W -- 2 years, $1.7 million ($850,000 AAV)
  • P.A. Parenteau, RW -- 1 year, $1.25 million
  • Jean-Francois Berube*, G -- 1 year
  • Scott Mayfield*, D -- 2 years, $1.25 million ($625,000 AAV)
  • Alan Quine*, C -- 2 years, $1.225 million ($612,500 AAV)
  • Eric Boulton*, LW -- 1 year, $575,000
  • Christopher Gibson*, G -- 1 year

New York Rangers

Chris Kreider*, LW -- 4 years, $18.5 million ($4.625 million AAV)

Instant Analysis: The Rangers and Kreider struck a longer-term deal just before the two were due for their arbitration hearing on July 22. This is an extremely reasonable contract for both sides. Kreider's contract is pretty closely aligned with recent Devils RFA signee Kyle Palmieri, who got five years as a similar AAV. According to reports, it was Kreider insisting on four years instead of five. That gets him to unrestricted free agency a year earlier and increases the likelihood of a bigger payday. Meanwhile, the Rangers are going to get some of Kreider's best seasons at a reasonable cap hit, with plenty of space to re-sign Kevin Hayes and have a little extra if there's something else they need to go out and get before the summer is over.

  • Adam Clendening, D -- 1 year, $600,000
  • Michael Grabner, RW -- 2 years, $3.3 million ($1.65 million AAV)
  • Nathan Gerbe, LW -- 1 year, $600,000
  • Michael Paliotta, D -- 1 year
  • Mat Bodie*, D -- 1 year
  • Nicklas Jensen*, RW -- 1 year
  • J.T. Miller*, C/W -- 2 years, $5.5 million ($2.75 million AAV)
  • Josh Jooris, C -- 1 year, $600,000
  • Dylan McIlrath*, D -- 1 year, $800,000
  • Tommy Hughes*, D -- 1 year
  • Kevin Hayes*, RW -- 2 years, $5.2 million ($2.6 million AAV)
  • Marek Hrivik*, RW -- 1 year
  • Jimmy Vesey, LW -- 2 years -- College Free Agent (full analysis)
  • Brandon Pirri, RW/LW -- 1 year, $1.1 million

Ottawa Senators

Mike Hoffman*, RW -- 4 years, $20.75 million ($5.175 million AAV)

Instant Analysis: The Sens avoided arbitration with their 26-year-0ld sniper and are paying him like the top-six scorer that he's been over the last two seasons. Hoffman took a while to earn a full-time role in the NHL, but has scored 56 goals over the last two seasons including a career-best 29 last year. If he continues trending up like he has, this deal should offer the cost-conscious Senators at the very least fair value. His career really could end up taking off under new Sens head coach Guy Boucher, who also coached Hoffman to multiple successful seasons in junior. All Ottawa really has left to do this summer is re-sign RFA defenseman Cody Ceci and they'll be pretty well set for next season.

  • Casey Bailey, C -- 1 year, $874,125
  • Michael Kostka, D -- 1 year
  • Max McCormick, LW -- 1 year
  • Phil Varone, C -- 1 year, $700,000
  • Chad Nehring, C -- 1 year
  • Ryan Dzingel, C/W -- 1 year
  • Fredrik Claesson*, D -- 1 year, $700,000
  • Chris Kelly, LW -- 1 year, $900,000
  • Matt Puempel*, LW -- 1 year, $900,000
  • Cody Ceci*, D -- 2 years, $5.6 million ($2.8 million AAV)

Philadelphia Flyers

Brayden Schenn, C/W -- 4 years, $20.5 million ($5.125 million AAV)

Instant Analysis: One of the most important loose ends for the Flyers to tie up this offseason was getting a deal done with Schenn. The two sides avoided a scheduled arbitration hearing Monday when Schenn signed the first long-term contract of his career. The talented forward had a career year in 2015-16 with 26 goals and 59 points and earned a big time raise as a result. He doubled his annual average, which is going to put some strains on the Flyers' salary cap situation. Their roster is essentially complete for next season anyway, barring a trade of some kind. Schenn made the most of his bridge deal and the fact that he can become a UFA after two seasons definitely boosted the annual dollars. With three straight seasons of 40 or more points, Schenn seems like a good bet to be able to meet the value of this contract over the four years. Meanwhile, the Flyers have core forwards Schenn, Claude Giroux, Jakub Voracek, Sean Couturier and Wayne Simmonds under contract for multiple seasons, setting them up well for the future.

  • Dale Weise, LW -- 4 years, $9.4 million ($2.35 million AAV)
  • Will O'Neill, D -- 2 years, $1.25 million ($625,000 AAV)
  • Greg Carey, C -- 1 year
  • Andy Miele, C -- 1 year
  • Boyd Gordon, C -- 1 year, $950,000
  • T.J. Brennan, D -- 2 years, $1.25 million ($625,000 AAV)
  • Jordan Weal*, C -- 1 year
  • Roman Lyubimov, C/W -- 1 year
  • Nick Cousins*, C -- 1 year, $937,125
  • Petr Straka*, RW -- 1 year
  • Brandon Manning*, D -- 2 years, $1.95 million ($975,000 AAV)

Pittsburgh Penguins

Matt Cullen*, C -- 1 year, $1 million

It may not be a major signing, but if Matt Cullen does for the Penguins this year what he did last, they'll be supremely pleased with their investment. As a depth center, Cullen managed to provide decent depth scoring with 16 goals and 32 points during the regular season and contributed four goals during the team's Stanley Cup run. Perhaps most importantly, Cullen remained healthy all year. He didn't miss a game during the regular season or playoffs. He turns 40 in November, but at $1 million, the Pens are getting great value for what may end up being Cullen's final NHL season.

  • Tom Sestito*, LW -- 1 year
  • Steven Oleksy*, D -- 1 year
  • Stuart Percy, D -- 1 year
  • David Warsofsky, D -- 1 year
  • Cameron Gaunce, D -- 1 year
  • Chad Ruhwedel, D -- 1 year
  • Garrett Wilson, LW -- 1 year
  • Justin Schultz*, D -- 1 year, $1.4 million

San Jose Sharks

Mikkel Boedker, RW -- 4 years, $16 million ($4 million AAV)

Instant Analysis: The Sharks didn't need to do a lot this offseason, but they add some scoring depth by signing Mikkel Boedker to a pretty reasonable contract. At 26 years old, Boedker was one of the youngest natural unrestricted free agents. He had 51 points last season and has been a strong power play presence. Boedker appears to be in the midst of his prime and has been averaging over 0.5 points per game for the last four seasons. He could end up thriving in a system as goal-friendly as San Jose's and Sharks coach Peter DeBoer was Boedkker's coach in junior, so this looks like a good contract and a good fit for both sides.

  • David Schlemko, D -- 4 years, $8.4 million ($2.1 million AAV)
  • Micheal Haley, CW -- 1 year

St. Louis Blues

Jaden Schwartz*, LW -- 5 years, $26.75 million ($5.35 million AAV)

Instant Analysis: After losing captain David Backes from the team's central core to free agency, the Blues locked up one of the key players who should be part of the core for years to come. After inking a two-year bridge deal two years ago, the Blues managed to get Schwartz under contract at a reasonable cap hit. Had he not gotten hurt last year, there was a pretty good chance Schwartz would have been able to add some dollars to the final total. When healthy, though, he has been a dynamic talent for the team. He has 85 points in 108 games played over the last two seasons and was a key contributor to last year's deep playoff run with 14 points in 20 games. He's still only 24 years old and if he can stay healthy, he's going to be a big-time contributor to the Blues over the life of this contract.

  • David Perron, LW -- 2 years, $7.5 million ($3.75 million AAV)
  • Jake Allen*, G -- 4 years, $17.4 million ($4.35 million AAV)
  • Carter Hutton, G -- 2 years, $2.25 million ($1.125 million AAV)
  • Andrew Agozzino, LW -- 1 year
  • Morgan Ellis, D -- 1 year
  • Brad Hunt, D -- 1 year
  • Wade Megan, C -- 1 year
  • Alex Friesen, C -- 1 year
  • Jacob Doty, C -- 1 year
  • Chris Butler, D -- 1 year
  • Magnus Paajarvi*, LW -- 1 year, $700,000
  • Landon Ferraro, C -- 1 year, $700,000
  • Ty Rattie*, RW -- 1 year
  • Jordan Binnington*, G -- 1 year
  • Danny Kristo*, RW -- 1 year

Tampa Bay Lightning

Victor Hedman*, D -- 8 years, $63 million ($7.875 million AAV)

Instant Analysis: This isn't part of free agent frenzy, as Hedman was already under contract for next year, but now the Lightning have locked him up with a long-term deal. He and Steven Stamkos definitely signed under what they would have brought in on the open market. That's a credit to the team Steve Yzerman has built. They have a group of players that want to be a part of it and now they have one of the best defensemen and best scorers in the league on board. Now the focus has to turn to Nikita Kucherov, who is a restricted free agent.

Andrei Vasilevskiy*, G -- 3 years, $10.5 million ($3.5 million AAV)

Instant Analysis: Another re-signing away from the free agent frenzy. He has one year left on his deal, but now the Lightning have him under team control for the next four seasons and he'll still be an RFA when this deal is up. The Lightning need to save cap space, they're doing it here. Maybe Tampa hangs on to Ben Bishop heading into the season, but this deal should signify the veteran goalie's time with the Lightning is almost up.

Alex Killorn*, RW -- 7 years, $31.15 million ($4.45 million AAV)

Instant analysis: The Lightning avoided arbitration with Killorn by striking a surprising long-term deal. The 26-year-old has become a valued top-six forward for the Lightning, often finding himself alongside the team's top offensive players like Steven Stamkos and Nikita Kucherov. Over the last three seasons, he's been good for about 40 points. The reason this long-term pact is so surprising because of who else the team has to re-sign, namely Kucherov who could command a massive extension in his first year of restricted free agency. Vladislav Namestnikov and Nikita Nesterov are also due new contracts. Tampa has just $8.5 million left underneath the cap. The Lightning may need to make a move or two before the summer is out to make sure they've got the space to retain some of their most important young players. Killorn is making about what a player with his role should be getting and a deal like this would suggest the Lightning view him as part of their core to remain competitive in the long term.

  • Michael Bournival, LW -- 1 year
  • Jeremy Morin, LW -- 1 year
  • Gabriel Dumont, C -- 1 year
  • Pierre-Luc Letourneau-Leblond, RW -- 1 year
  • Kristers Gudlevskis*, G -- 1 year
  • Mike Halmo, LW -- 1 year
  • Cory Conacher, LW -- 1 year
  • Yanni Gourde*, C -- 1 year
  • Vladislav Namestnikov*, C -- 2 years, $3.875 million ($1.975 million AAV)

Toronto Maple Leafs

Matt Martin, LW -- 4 years, $10 million ($2.5 million AAV)

Instant Analysis: In one of the day's more puzzling moves, the Toronto Maple Leafs paid big for a fourth-line player. Martin definitely has some value compared to average fourth liners. His physical game is definitely advanced and he is willing to drop the gloves, but this doesn't seem to be diligent use of cap space by the Maple Leafs. Will Martin protect some of the Leafs' young players? That's probably the justification, but there's been very little evidence to suggest having certain players on the roster works as a deterrent. The Islanders probably really wanted to keep Martin, but you can see why they balked.

  • Roman Polak, D -- 1 year, $2.25 million
  • Justin Holl, D -- 1 year, $724,500
  • Garret Sparks*, G -- 1 year
  • Josh Leivo*, LW -- 2 years, $1.225 million ($612,500 AAV)
  • Connor Carrick*, D -- 2 years, $1.5 million ($750,000 AAV)
  • Peter Holland*, RW -- 1 year, $1.3 million
  • Frank Corrado*, D -- 1 year, $600,000
  • Trevor Moore, LW -- 3 years (undrafted free agent)
  • Martin Marincin*, D -- 2 years, $2.5 million ($1.25 million AAV)
  • Jhonas Enroth, G -- 1 year, $750,000

Vancouver Canucks

Loui Eriksson, RW -- 6 years, $36 million ($6 million AAV)

Instant Analysis: Perhaps the best goal scorer on the market this year, Eriksson will likely play alongside Daniel Sedin and Henrik Sedin. Adding a 30-goal man to Vancouver's top line should give it a shot in the arm. Boston may end up kicking themselves that he's gone.

  • Philip Larsen, D -- 1 year, $1.025 million
  • Jayson Megna, C -- 1 year
  • Borna Redulic, RW -- 1 year
  • Michael Chaput, C -- 1 year
  • Chad Billins, D -- 1 year
  • Jacob Markstrom*, G -- 3 years, $11 million ($3.66 million AAV)
  • Richard Bachman, G -- 1 year
  • Alexandre Grenier*, RW -- 1 year
  • Andrey Pedan*, D -- 1 year

Washington Capitals

Marcus Johansson, C -- 3 years, $13.75 million ($4.58 million AAV)

Instant analysis: It was looking like Johansson was going to have to go through arbitration for the second straight year, but the two sides finally came to an agreement. Despite providing consistent, reliable scoring depth for the Caps, the team has never managed to make a long-term investment in the 25-year-old center. This three-year deal is the longest contract of his Caps career and it's well earned. Johansson has put up 232 points in 419 NHL games, all with Washington. His 0.55 points-per-game for his career is a pretty solid rate, but he was up a few tics last year at 0.62. With a deeper forward roster, his numbers should continue to thrive. He'll finally be an unrestricted free agent after this contract expires, which means he could be fairly expensive to try to keep around next time.

  • Brett Connolly, RW -- 1 year, $850,000
  • Christian Thomas, RW -- 1 year
  • Darren Dietz, D -- 1 year
  • Joe Cannata, G -- 1 year
  • Brad Malone, C/W -- 1 year

Winnipeg Jets

Mark Scheifele*, C -- 8 years, $49 million ($6.125 million AAV)

Instant Analysis: One of the two important RFA deals for the Jets to get done this summer, Winnipeg went big with their first first-round draft pick since relocating from Atlanta. Scheifele had his breakout season last year with 29 goals and 61 points in 71 games last season. Instead of messing around with a bridge deal, the Jets went with a max extension that will eat up four years of unrestricted free agency. It's a massive commitment, but Scheifele has shown noticeable progression over his first three years in the NHL. He was one of the most dominant scoring forwards in the entire NHL for the second half of last season. If he maintains that, his $6.125 million annual average will look like a bargain. This looks like a fair deal for both sides.

  • Shawn Matthias, C/W -- 2 years, $4.25 million ($2.125 million AAV)
  • Quinton Howden, C/W -- 1 year, $650,000
  • Brian Strait, D -- 1 year, $600,000
  • Julian Melchiori, D -- 2 years, $1.25 million ($625,000 AAV)
  • Mathieu Perreault*, C/W -- 4 years, $16.5 million ($4.125 million AAV)
  • Joel Armia*, RW -- 2 years, $1.85 million ($925,000 AAV)
  • Adam Lowry*, LW -- 2 years $2.25 million ($1.125 million AAV)
  • Brandon Tanev*, LW -- 1 year
  • J.C. Lipon*, RW -- 1 year
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Milan Lucic is the newest member of the Edmonton Oilers. USATSI
CBS Sports Writer

Chris Peters has been a hockey writer for CBS Sports since 2012. Prior to that, he wrote for numerous outlets and edited the United States of Hockey blog, covering the sport at all levels. Peters also... Full Bio

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