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12 articles summarized · Last updated: LATEST

Last updated: July 16, 2026, 11:31 AM ET

NHL OFFSEASON MOVES & SIGNINGS

The Winnipeg Jets reached an agreement with center Cole Perfetti on a five-year, $30 million contract, avoiding salary arbitration. The Philadelphia Flyers similarly, signing him to a four-year deal worth an average of $9.125 million annually. In Buffalo, the Sabres inked Krebs to a four-year contract valued at $18 million. The New Jersey Devils have also been active to a two-year deal worth $9.5 million. The New York Rangers avoided arbitration with defenseman Braden Schneider, agreeing to a one-year contract for the 24-year-old.

FRONT OFFICE SHIFTS & PLAYER DEVELOPMENTS

The Detroit Red Wings as Steve Yzerman abruptly stepped down as general manager. Meanwhile, prospect Macklin Celebrini, who is eligible to sign an extension this offseason, indicated he would "100%" consider taking a hometown discount with the San Jose Sharks. Celebrini also made history by becoming the youngest player ever to grace the cover of EA Sports' NHL series at age. The Carolina Hurricanes are set to on September 29th when they host the Florida Panthers to open the NHL season. The Washington Capitals organization has prioritized keeping Alex Ovechkin in D.C. for his entire career since drafting him in 2004.

TRADE SEASON HEATS UP

The NHL's summer trade season is, with general managers actively making moves. ESPN is providing grades for all involved GMs in the significant swaps occurring around the league. Free agency is also underway, with ESPN handing out, including those involving Frederik Andersen and other key players.