NHL general managers had money to spend this offseason with the salary cap rising from $83.5 million to $88 million.
That led to a busy free agency season in which USA TODAY Sports’ top 25 players moved within three days.
Though things are calming down, there are more transactions to come.
Stars Leon Draisaitl, Sidney Crosby, Mitch Marner and Igor Shesterkin are eligible to receive contract extensions. Jeremy Swayman, Lucas Raymond, Seth Jarvis and Moritz Seider are among restricted free agents needing new contracts. The Columbus Blue Jackets are still looking for a coach.
Here are the top NHL transactions that have occurred during the 2024 offseason:
July 17: Hurricanes, Evgeny Kuznetsov agree to terminate contract
The Carolina Hurricanes placed forward Evgeny Kuznetsov on unconditional waivers for the purpose of terminating his contract. That will allow Kuznetsov to play in Russia. He had one year, at a $7.8 million cap hit, left on his contract. The Washington Capitals, who traded him to the Hurricanes last season, retained half of that, and both teams will be free of that cap hit.
The mutual decision brings another offseason change to the Hurricanes roster. They weren’t able to re-sign trade deadline acquisition, Jake Guentzel and traded his rights to the Tampa Bay Lightning, where he signed. Defensemen Brady Skjei and Brett Pesce and forwards Teuvo Teravainen and Stefan Noesen left in free agency. Defensemen Shayne Gostisbehere and Matt Walker and forwards Jack Roslovic and William Carrier are among the offseason additions.
Kuznetsov spent time last season in the NHL/NHL Players’ Association assistance program and finished with only 24 points in 63 games. He scored a league-best 32 points during the Capitals’ 2018 Stanley Cup run. He also was known for his goal celebration of flapping his arms like a bird.
The Hurricanes announced later in the day that they had re-signed forward Jack Drury to a two-year contract with a $1.725 million cap hit.
July 16: Joe Pavelski announces retirement
Joe Pavelski, who said in June he would take next season off, officially announced his retirement. Pavelski, 40, finishes with 476 goals and 1,068 points in 1,332 career regular-season games between the San Jose Sharks and Dallas Stars. He’s the NHL’s leading U.S.-born playoff goal scorer with 74 and helped lead the Stars to back-to-back trips to the Western Conference final. Pavelski never won a Stanley Cup but he went to the Final in 2016 with the Sharks, scoring a playoff-leading 14 goals and four game-winners, and in 2020 with the Stars. He had been captain of the Sharks.
July 16: Kings re-sign Quinton Byfield
The No. 2 overall pick in the 2020 draft will get five years at a $6.25 million average. The Los Angeles Kings forward was a restricted free agent. The deal follows a breakthrough last season with a jump from three goals and 22 points to 20 goals and 55 points while being moved into a top six role. If he continues that progress, the deal will look good years from now.
Also: The St. Louis Blues said defenseman Torey Krug has been diagnosed with pre-arthritic changes in his left ankle and will be evaluated in six to eight weeks. If he needs surgery, he will miss the 2024-25 season. The team said the injury is a cumulative result of a bone fracture from earlier in his career. … Vancouver Canucks goalie Arturs Silovs signed a two-year contract. He was pressed into action in the playoffs after an injury to Thatcher Demko.
July 13: Rangers, Blue Jackets sign players
The New York Rangers re-signed defenseman Braden Schneider to a two-year contract with a reported $2.2 million cap hit. The Columbus Blue Jackets and goalie Jet Greaves settled on a two-year deal and avoided arbitration. It’s a two-way deal the first year that pays him less in the American Hockey League, but the second year is a one-way deal.
July 11: Utah’s Tij Iginla signs entry-level contract
Igina, the son of Hall of Famer Jarome Iginla, was the Utah Hockey Club’s first draft pick, taken sixth overall in June. He had 84 points in 64 games last season with Kelowna of the Western Hockey League. Iginla and Detroit Red Wings selection are the 13th and 14th of June’s 32 first-round picks to sign a three-year, entry-level contract.
Also: The Lightning and defenseman J.J. Moser reached a two-year, $6.75 million contract, avoiding arbitration. He was acquired from Utah in the Mikhail Sergachev trade.
July 10: Ryan Suter signs with Blues
Defenseman Ryan Suter, 39, who was bought out for the second time in his career, signed a one-year, $775,000 contract. He can earn another $2.225 million in performance bonuses. The Dallas Stars bought out the final year of his three-year contract. He was bought out by the Minnesota Wild in 2021.
July 8: Capitals name Chris Patrick general manager
Chris Patrick becomes the seventh general manager in Capitals history after being promoted from associate GM. Brian MacLellan was promoted to president of hockey operations. Patrick is the son of Capitals chairman Dick Patrick.
The Capitals were one of the busier teams this offseason, trading for Pierre-Luc Dubois, Andrew Mangiapane, Jakob Chychrun and Logan Thompson and signing Matt Roy, Brandon Duhaime and Taylor Raddysh.
July 6: Top two NHL draft picks sign
No. 1 pick Macklin Celebrini (Sharks) and No. 2 pick Artyom Levshunov (Blackhawks) signed three-year, entry-level deals rather than return for another season at college. They could end up at different levels. Celebrini, who was the clear-cut No. 1 pick, is expected to open the season with the Sharks. Levshunov, depending on what happens in training camp, could start in the American Hockey League.
July 5: 14 players file for salary arbitration
Fourteen restricted free agents have filed for salary arbitration, the NHL Players’ Association announced.
They are (in alphabetical order): Jake Christiansen (Blue Jackets), Connor Dewar (Maple Leafs), Jack Drury (Hurricanes), Ty Emberson (Sharks), Jet Greaves (Blue Jackets), Ryan Lindgren (Rangers), Ukko-Pekka Luukkonen (Sabres), Beck Malenstyn (Sabres), Kirill Marchenko (Blue Jackets), J.J. Moser (Lightning), Martin Necas (Hurricanes), Spencer Stastney (Predators), Joe Veleno (Red Wings) and Oliver Wahlstrom (Islanders).
The key one is Necas, who has been linked to trade rumors. Moser and Malenstyn were acquired in offseason trades.
Hearings will be held from July 20 to Aug. 4, though nearly all players reach a settlement beforehand.
July 3: Kraken hires Jessica Campbell as assistant coach
Jessica Campbell made history when she was hired to join Dan Bylsma’s coaching staff on the Seattle Kraken.
She becomes the first female full-time assistant coach in NHL history to work behind the bench
Campbell, 32, made similar history in the American Hockey League when Bylsma hired her as an assistant coach with the Coachella Valley Firebirds in 2022. Bylsma, a former Stanley Cup winner, is bringing Campbell with him to the NHL after being named Kraken coach in May.
‘I just know that if the team has success and my impact is a good one, it could potentially open the doors for others,’ she said.
July 1-4: Early days of free agency
The Nashville Predators were among the winners by signing Steven Stamkos, Jonathan Marchessault and Brady Skjei. The Carolina Hurricanes and Vegas Golden Knights lost key players early but have added back. On Day 3, the Detroit Red Wings signed two-time Stanley Cup winner Vladimir Tarasenko.
A look at the opening days of 2024 NHL free agency
June 24-July 1: Who was traded before free agency?
The Tampa Bay Lightning and Washington Capitals were busy on the trade front. The Lightning moved out Mikhail Sergachev and Tanner Jeannot, then acquired the rights to Jake Guentzel and signed him to a seven-year, $63 million contract. The Capitals traded for forwards Dubois and Mangiapane, defenseman Chychrun and goalie Thompson, moving out goalie Darcy Kuemper and Beck Malenstyn.