Free Agency Frenzy: Which NHL Team Will Make the Biggest Splash Before July 1?

Anaheim, California — As the 2025 NHL Draft concludes, attention shifts to the impending free agency period, set to commence in just two days. With an array of decisions facing each of the league’s 32 teams, evaluating the best path forward is crucial as they navigate potential signings and trades.

The Anaheim Ducks find themselves with a significant decision to make regarding their cap space, which stands at roughly $38 million. General Manager Pat Verbeek is weighing the prospect of extending offers to top-tier talents like Mitch Marner while ensuring key players such as Mason McTavish and Lukáš Dostál are also re-signed. The team still needs to prove its playoff viability before attracting elite free agents, potentially requiring a significant financial commitment.

In Boston, the Bruins are contemplating whether to make a substantial splash in the free-agent market or pursue several lower-cost signings. Marner’s availability could resolve multiple team needs; however, any potential acquisition would substantially impact their budget.

The Buffalo Sabres are grappling with a pivotal choice concerning Bowen Byram, their restricted free-agent defenseman, who just finished a productive season. GM Kevyn Adams is considering whether to trade Byram for better returns or sign him to secure a critical piece of their defensive lineup.

Meanwhile, the Calgary Flames are focused on evaluating Rasmus Andersson’s trade value, recognizing that the defenseman is Calgary’s most significant asset. Given the current landscape of free-agent defense, Andersson may be sought after as teams look for alternatives.

Further south, the Carolina Hurricanes are taking a patient approach, contemplating the strength of the current free-agent class and considering the potential value of waiting for bigger names in the upcoming seasons. This strategy could offer better opportunities to reshape their roster.

In Chicago, the Blackhawks face the challenge of balancing their ample cap space with future contract implications for stars like Connor Bedard. With a cautious approach, they aim to explore free agency without jeopardizing long-term plans.

Teams like the Dallas Stars are contemplating the repercussions of signing new talent on their roster. The Stars might need to consider trading away Jason Robertson to accommodate high-profile signings while managing his potential contract demands for next season.

Not far behind, the New Jersey Devils are deliberating on Dawson Mercer’s future as they weigh the merits of opening up cap space for new acquisitions. His potential departure could leave a gap in the lineup.

For the Ottawa Senators, determining the fate of veteran Claude Giroux poses a critical question. His re-signing will influence the Senators’ spending strategy, especially with a projected budget of around $9.25 million heading into free agency.

The landscape of free agency is also compelling for teams like the Toronto Maple Leafs, who are evaluating whether to pursue Brad Marchand. While Marchand could fill a significant role, the high price tag associated with him raises concerns about his fit.

As the countdown to free agency continues, every organization is poised to make choices that could redefine their rosters for the next season. The decisions they make in the coming days will set the tone for their strategies moving forward, whether through lucrative signings or shrewd trades.