Hurricanes add Brendan Smith on 1-year deal

The Carolina Hurricanes signed veteran blue-liner Brendan Smith to a one-year, $800,000 contract.

Smith, 32, spent parts of the last five seasons with the New York Rangers. He registered five goals and five assists in 48 games last campaign.

"Brendan is a veteran defenseman who will add physicality and toughness to our lineup," Hurricanes general manager Don Waddell said.

Smith has shown versatility throughout his career, spending most of the 2019-20 season playing forward.

The Detroit Red Wings drafted Smith in the first round in 2007. He spent parts of six campaigns in the Motor City before being dealt to the Big Apple in 2016-17.

The Hurricanes have undergone multiple changes on their blue line this offseason. They lost Dougie Hamilton in free agency and traded away Jake Bean but acquired Ethan Bear, Ian Cole, Tony DeAngelo, and now Smith - who projects to serve as the club's seventh or eighth defenseman.

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Ryan Suter thinks he can play until age 45

Ryan Suter may be 36 years old, but he believes he's entering his prime.

"I think I can play until I'm 45 if I want," the newest Dallas Stars defenseman said Thursday, according to NHL.com's Tracey Myers. "I just think the way I play. My play hasn't gone down over the last 10 years. I think it's actually gotten better."

Suter signed a four-year deal with the Stars on Wednesday at $3.65-million per season. The contract takes him through his age-40 campaign. The Minnesota Wild bought out the final four seasons ($7.54-million AAV) of Suter's deal on July 13.

The former Nashville Predator is coming off arguably his worst campaign in over a decade. His 0.34 points per game were his worst since 2006-07, and his average ice time of 22:11 was his lowest since 2007-08.

The analytics suggest Suter is declining:

However, the Stars, and other teams Suter talked to, believe he'll age gracefully.

"It was a good conversation I had with all the teams, and a lot of them felt the same way I did, like, 'You can play as long as you want the way you play. You really don't get hit that often. You think the game, you make good hard passes, you're in shape, you take care of your body,'" Suter said. "So just kind of all those things give me a lot of confidence that I can play after this contract if I want to."

Stars general manager Jim Nill compared Suter to a certain Hall of Fame defenseman who displayed some uncanny longevity.

"He reminds me a lot of Chris Chelios when I was in Detroit, one of those guys who doesn't seem to age," Nill said Wednesday. "He's the type of player that can be on a minute-and-a-half shift, come back to the bench, and in 10 seconds, the coach can tap him on the shoulder, he's ready to go again. He's a heavy body, he's got iron lungs, and he's a great skater."

Suter will join a stellar defense core in Dallas that features Miro Heiskanen, John Klingberg, Esa Lindell, Andrej Sekera, Jani Hakanpaa, and Joel Hanley.

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Perry joins Lightning on 2-year deal

The Tampa Bay Lightning signed unrestricted free-agent forward Corey Perry to a two-year contract with an average annual value of $1 million, the team announced Thursday.

Perry signed one-year contracts in each of the previous two offseasons, joining the Dallas Stars in 2019 and Montreal Canadiens in 2020. Both moves resulted in losses in the Stanley Cup Final at the hands of the Lightning.

The 36-year-old proved he's still an effective player this past campaign, registering 21 points in 49 regular-season games before chipping in four goals and six assists during Montreal's improbable run to the Final.

Perry is one of the most accomplished players of his generation. The 2003 first-round pick has 818 points in 1094 career games. He's won a Stanley Cup, Hart Trophy, Maurice "Rocket" Richard Trophy, and two Olympic gold medals.

The Lightning had a combined cap hit of over $85 million against the NHL's $81.5-million limit before bringing Perry aboard, according to Cap Friendly. Tampa Bay already offloaded the contracts of Yanni Gourde and Tyler Johnson this offseason and has more work to do to become cap compliant before the start of the 2021-22 campaign in October.

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Blues sign Saad to 5-year, $22.5M deal

The St. Louis Blues signed forward Brandon Saad to a five-year contract with an average annual value of $4.5 million, the team announced Thursday.

Saad, 28, spent last season with the Colorado Avalanche, with whom he recorded 15 goals and added nine assists in 44 games.

He previously had stints with the Chicago Blackhawks and Columbus Blue Jackets. In 632 career games, he's amassed 184 goals and 187 assists. Saad also won the Stanley Cup twice with the Blackhawks.

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Stars to retire Zubov’s number this season

The Dallas Stars will retire Sergei Zubov's No. 56 this season, the club announced Thursday.

The ceremony will occur during January 28's game versus the Washington Capitals. Zubov's number will be the sixth the Stars have retired - he joins Neal Broten (7), Bill Goldsworthy (8), Mike Modano (9), Bill Masterton (19), and Jere Lehtinen (26).

Zubov spent 12 of his 16 NHL seasons with Dallas, racking up 549 points in 839 contests and winning a Stanley Cup in 1999.

The 51-year-old was inducted into the Hockey Hall of Fame in 2019.

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NHL Rumor Mill – July 29, 2021

NHL Rumor Mill – July 29, 2021 What does the future hold for trade candidates Jack Eichel and Vladimir Tarasenko in the wake of yesterday’s free-agent frenzy? Read on for the latest in today’s NHL rumor mill. THE ATHLETIC: John Vogl provides an update on where things stand with the Buffalo Sabres’ efforts to trade […]

NHL Morning Coffee Headlines – July 29, 2021

NHL Morning Coffee Headlines – July 29, 2021 Catching up on some notable late trades and free-agent signings, including the Avalanche acquiring Darcy Kuemper, plus a look at the notable free-agents still available in today’s NHL morning coffee headlines. ARIZONA SPORTS: The Coyotes traded goaltender Darcy Kuemper to the Colorado Avalanche in exchange for defenseman […]

Free-agency analysis: Breaking down Wednesday’s signings and trades

Quick-hit analysis of important NHL signings and trades completed July 28.

Signing: Ducks sign forward Ryan Getzlaf to one-year deal
Analysis: After flirting with the idea of playing for another NHL club, the longtime Ducks captain decided to stay put. Getzlaf's new contract carries a $4.5-million cap hit, topping up the eight-year extension he inked back in 2013. At 36, he's not the player he used to be, yet at that price tag, and with a group of youngsters to mentor in Anaheim, the deal makes sense for both player and team. It's low-risk and high-reward, and there's a decent chance the Saskatchewan native gets flipped for future assets at the 2021-22 trade deadline. Everybody wins. To date, Getzlaf has accumulated 279 goals and 703 assists for 982 points in a franchise-record 1,011 games.

Signing: Canucks sign goalie Jaroslav Halak to one-year deal
Analysis: Not a bad piece of business from Canucks general manager Jim Benning. He was looking for a stable No. 2 behind starter Thatcher Demko and he found one in Halak, who of late has carved out a niche for himself despite being on the back nine of his career. Now, last year didn't go wonderfully for Halak behind Tuukka Rask in Boston, and it clearly hurt his stock on a crowded goalie market, bringing his cap hit down to $1.5 million. Still, his extensive track record speaks for itself. Meanwhile, Braden Holtby, whom the Canucks bought out on Wednesday, signed a one-year deal with the Stars.

Signing: Sharks sign forward Nick Bonino to two-year deal
Analysis: A quick look at San Jose's depth chart makes it easy to connect the dots here: The club needs centers beyond Logan Couture and Tomas Hertl, and Bonino should slot in at 3C. The 33-year-old is a two-way pivot, a rare commodity in this particular UFA class. He's going to earn $2.05 million a year - a fair rate for a guy who's won two Cups but is ultimately a support player, even on a lowly team like the Sharks.

Signing: Devils sign defenseman Dougie Hamilton to seven-year deal
Analysis: This is a grand slam for New Jersey GM Tom Fitzgerald. Hamilton, whose massive deal carries a $9-million cap hit, is an elite, top-tier defenseman who should be in the Norris Trophy conversation for the foreseeable future. Throw him into the mix with centers Jack Hughes and Nico Hischier, premier forward prospect Alexander Holtz, 24-year-old starting goalie Mackenzie Blackwood, and up-and-coming defensemen Ty Smith and Luke Hughes, and you've got the makings of a tantalizing core. Hamilton, 28, tilts the ice during even-strength action, and he can quarterback the top unit of a power play. He had the pick of the litter as the 2021 UFA class' headliner, and he chose the upstart Devils. It's his fourth NHL team after stops in Boston, Calgary, and Carolina.

Signing: Red Wings sign forward Pius Suter to two-year deal
Analysis: Landing in Detroit raises questions about how Suter will look without Patrick Kane. With the Blackhawks this past season, Suter put up 14 goals and 13 assists in 55 games as a rookie while riding shotgun to Kane. He's a 25-year-old late bloomer who played professionally in Switzerland for six years before coming over to North America. Suter will be paid $3.25 million a year on his new contract, a hefty raise from $925,000. The Wings sure could use his scoring touch.

Signing: Canadiens sign forward Mike Hoffman to three-year deal
Analysis: Hoffman's basically a one-dimensional player, but the one thing he does extremely well is score goals. That makes him valuable to all 32 teams and especially a goal-starved squad like Montreal. The Canadiens overcommitted on term here, no doubt. As we've seen elsewhere today, though, players are clearly looking for stability, so interested GMs are forced to pony up or miss out. Hoffman, who'll make $4.5 million per season, is sneakily tied for 38th among all NHLers in goals since 2012-13. He has a terrifying wrist shot and could be a nice fit alongside pivot Jesperi Kotkaniemi.

Signing: Lightning re-sign forward Brayden Point to eight-year deal
Analysis: After this extension, Point is under Lightning control until 2030, and, as strange it may sound, that's awesome, even at a $9.5-million cap hit. Point, who's in his prime right now, should be well worth the monetary commitment of this deal, which mirrors teammate Nikita Kucherov's 2018 contract in term and money. Point does it all: scores clutch goals, can assume the shutdown center role, performs an integral role on a deadly power play - the list goes on. The 2014 third-rounder was an essential contributor to Tampa Bay's back-to-back championships and will be counted on to reach even greater heights. Bolts fans are smiling extra big today.

Signing: Maple Leafs sign goalie Petr Mrazek to three-year deal
Analysis: The Leafs and Canes ended up swapping goalies Wednesday and, at first glance, Toronto appears to have made out quite well. The goalie carousel was turning quickly and Mrazek, with his medium term and $3.8-million cap hit, is a sensible match for the Leafs. He's quite familiar with splitting the goaltending load fairly evenly and will likely continue to do so with Jack Campbell, who remains a relatively inexperienced NHL starter after breaking out last year. The question with Mrazek is how the 29-year-old might fare outside of Carolina's insulating defensive structure. Toronto cleaned up its act defensively in 2020-21, so that's encouraging for the Czech, but you just never know with fringe starters who are entering new environments.

Signings: Hurricanes sign defensemen Tony DeAngelo and Ian Cole to one-year deals
Analysis: What a contrast in these two signings as Carolina continues to turn over its blue-line personnel. The offensive-minded DeAngelo gets a second chance after the Rangers bought him out for getting into a physical altercation with a teammate and expressing extreme views on social media about COVID-19 and politics. That's a tough sell to the fan base. Then there's the defensive-minded Cole, who's known league-wide as one of the true "good guys" in the sport. That's an easy sell. If I was GM of the Hurricanes, I know I'd be signing one but not the other. In terms of money, DeAngelo, 25, is getting $1 million, while Cole, 32, is now a $2.9-million player.

Trade: Senators trade forward Evgenii Dadonov to the Golden Knights for defenseman Nick Holden and a third-round pick in 2022
Analysis: Dadonov, who has two years left on a contract paying him $5 million per season, drives play at even strength and has a bullet of a shot. He addresses a need for Vegas as a goal-scorer and could be a complementary piece within the club's top-six forward group. The package going to Ottawa isn't anything special - Holden is ultimately expendable and a third-round pick is a lottery ticket - so this is a win for the Golden Knights. Vegas is so determined to win a Cup with its current core that any roster upgrade that doesn't sacrifice significant future assets is probably worth the plunge. As for the Senators, moving on from Dadonov is no biggie as the rebuild continues.

Signing: Predators re-sign forward Mikael Granlund to four-year deal
Analysis: This is an odd signing for a franchise that's going through an identity crisis. What are the Predators accomplishing by locking up a middle-six winger at a $5-million cap hit while they retool? Put another way, GM David Poile's got too many hefty contracts on the books already, so why handcuff himself even more? Granlund had two 60-point seasons a few years ago, but his rate of production has declined since arriving in Nashville in 2019. He's receiving a raise from $3.75 million in 2020-21.

Signing: Kraken sign goalie Philipp Grubauer to six-year deal
Analysis: Move over, Chris Driedger, you're now 1B in Seattle. Yup, Grubauer immediately supplants him, though there's no doubt this will be a tandem setup. Based on how Seattle is currently built, the goalies should be well-supported defensively, which is promising for the goalies and also an excited fan base. Grubauer's contract, which carries a $5.9-million cap hit, is a gamble due to the term, as he'll turn 30 in November. Goalie performance is volatile, and while Grubauer finished third in Vezina Trophy voting in 2020-21, he still hasn't played more than 40 games in a single season. The transaction, as a whole, deserves a B- grade. The biggest takeaway? If it wasn't obvious before, Seattle definitely isn't tanking for high draft picks in its inaugural season. The Kraken want to win.

Signing: Kraken sign forward Jaden Schwartz to five-year deal
Analysis: Finally, Seattle has an offensive catalyst. GM Ron Francis hoarded defensive-minded forwards during the expansion draft, but in Schwartz, he brings in a proven producer who is also solid defensively. Schwartz, who spent a decade with the Blues and won a Stanley Cup in 2019, has a career points-per-game average of 0.69. There's a comfy spot for the 29-year-old left winger on the Kraken's top line and first-unit power play. The new contract doesn't have an outrageous cap hit, either, at a middle-class $5.5 million. There's also a chance Schwartz's totals will balloon as he takes on a larger role. This deal has little downside.

Signing: Kings sign forward Phillip Danault to six-year deal
Analysis: Anze Kopitar, Quinton Byfield, and Danault: How's that for a 1-2-3 punch down the middle for at least the next three years? Look out, Pacific Division - if not this year, then in 2022-23, especially when you factor in other blue-chip prospects who are ripening in the Kings' system. As for 28-year-old Danault, he's one of the best defensive centers in the league, as he showed this past postseason in battling offensive stars on Toronto, Winnipeg, and Vegas. The term on his new contract isn't ideal for Kings GM Rob Blake, but that's the reality of the situation when Danault is such a hot commodity, and the cap hit is still a reasonable $5.5 million. I really like this addition.

Signing: Blackhawks sign defenseman Jake McCabe to four-year deal
Analysis: Considering the Blackhawks are pushing hard to compete in 2021-22, this is a crafty acquisition by GM Stan Bowman. McCabe, who's just 27, has flown under the radar for years as a shutdown defenseman on the woeful Sabres, and the $4-million cap hit on his new contract is palatable. Will McCabe be matched with fellow import Seth Jones on the top pair? At minimum, it will be interesting to see how McCabe adjusts to a different playing environment. He is coming off surgery after tearing his ACL, so there's danger baked into Chicago's commitment. Then again, Bowman has been aggressive this offseason, and McCabe's situation is par for the course.

Signings: Hurricanes sign goalies Frederik Andersen and Antti Raanta to two-year deals
Analysis: So this is why Hurricanes GM Don Waddell was OK with casually trading away Calder Trophy finalist Alex Nedeljkovic for a third-round pick. By adding Andersen and Raanta on multi-year deals (at cap hits of $4.5 million and $2 million, respectively), the Canes can call upon two goalies - similar to the outgoing James Reimer-Petr Mrazek tandem but with a higher ceiling. Both of the new deals carry risk; Andersen, 31, is coming off a down year filled with health concerns, and Raanta, 32, is seemingly always battling injuries. But both netminders have proven they can be above-average NHL starters. And that's really all Carolina should need as a club that tends to outduel the opposition in regards to shot attempts, shots on goal, and scoring chances.

Trade: Oilers trade defenseman Ethan Bear to the Hurricanes for forward Warren Foegele
Analysis: The first player-for-player trade of the day is a classic case of GMs exchanging depth players in their mid-20s to address glaring needs. For Carolina, that means adding to a defense corps that recently lost Jake Bean and is presumably losing UFA Dougie Hamilton soon. Meanwhile, Edmonton bolsters a forward group that has sorely lacked legitimate talent in its bottom six for the past few years. Bear will be a third-pairing defenseman for the Hurricanes and Foegele will be a third- or fourth-line winger and penalty killer for the Oilers. What's left to be determined is the cap-hit differential, since Bear is set to make $2 million on an expiring deal and Foegele is an RFA with arbitration rights. At any rate, this is a logical swap on all fronts.

Signing: Devils sign goalie Jonathan Bernier to a two-year deal
Analysis: This contract is for Bernier, of course, but also Mackenzie Blackwood, New Jersey's starter of the present and future. Bernier, who gets a nice piece of the pie at $4.125 million annually thanks to the club's abundance of cap space, will be a great mentor to Blackwood. It'll be fascinating to see how the team splits the workload with the Devils paying two NHL starters. (GM Tom Fitzgerald has quietly added value to his rebuilding squad this summer with this transaction, a well-received showing at the NHL draft, and the acquisition of defenseman Ryan Graves.)

Signing: Kraken sign forward Alexander Wennberg to a three-year deal
Analysis: This is a bit of a head-scratcher. The Kraken were careful to avoid bad-value contracts in the expansion draft, yet Wennberg at $4.5 million per year doesn't inspire a ton of confidence. The 6-foot-2 Swede has been traditionally deployed as a bottom-six center. He scored a career-high 17 goals in 56 games for the Panthers last season, but he did it on a career-high 20.7 shooting percentage, suggesting the jolt in production was a one-off. There's nothing wrong with the player, or the term, really - it's just the price tag that's iffy. Perhaps Seattle sees serious potential in giving Wennberg a bigger role?

Signing: Flyers sign defenseman Keith Yandle to a one-year deal
Analysis: Honestly, nothing to dislike here. The Flyers get a third-pairing defenseman who can help run a power-play unit for just $900,000. There's no long-term commitment, which is nice because Yandle is 35 and fresh off a performance-based buyout from the Panthers. He can be a liability defensively, so there's a not-insignificant risk of giving Yandle too much ice time. Something to watch for in the fall: Yandle has played 922 consecutive NHL games, which is 42 shy of Doug Jarvis' all-time record.

Signing: Canadiens sign defenseman David Savard to a four-year deal
Analysis: Montreal GM Marc Bergevin is doubling down on the club's identity by snagging Savard, a 6-foot-2, 230-pound defenseman. This past postseason, the Canadiens' top four featured nothing but giants in Shea Weber, Jeff Petry, Joel Edmundson, and Ben Chiarot. With Weber's NHL future in jeopardy, Savard, who's set to earn $3.5 million annually, provides insurance on the right side. The contract could be shorter and cheaper but it isn't a gross overpayment. Savard will be tasked with blocking shots and clearing bodies from the front of the net like he did last year for Columbus and Tampa Bay.

Signing: Blue Jackets re-sign forward Patrik Laine to a one-year deal
Analysis: This situation will be interesting to monitor. Laine, who scored only 10 goals in 45 games last year, accepted his qualifying offer from Columbus, giving him a $7.5-million paycheck and cap hit in 2021-22. Will the Finnish sniper jell with Jakub Voracek, the team's newly acquired playmaking center? Does he stay the entire season and put butts in seats for a poor squad, or will he be shipped out shortly after his goal-scoring returns to normal levels? There doesn't seem to be a long-term fit between Laine and Columbus. However, this extension certainly leaves the door open.

Signing: Flames sign forward Blake Coleman to a six-year deal
Analysis: Oh boy, this is bittersweet if you're a Flames fan. On one hand, Coleman is a goal-scoring winger who's reliable defensively. He's the perfect player to move up and down the lineup. You want him on your team. On the other hand, both the term and the $4.9-million cap hit of his new contract are scary. Coleman turns 30 in November, and the chances of his best days being ahead are slim. Is Calgary GM Brad Treliving rewarding Coleman for what he's done in the recent past - namely, being a key piece on the back-to-back champion Lightning? It sure looks like it. The deal stacks up from a market perspective, though, since Coleman's former linemate Barclay Goodrow recently received $3.6 million annually over six years from the Rangers. While Treliving is gambling here, there are worse gambles given Coleman's resume and utility within the Flames' forward group.

Signing: Hurricanes re-sign forward Jordan Martinook to a three-year deal
Analysis: There were rumors Martinook was looking forward to testing the free-agent market, so re-upping with the Hurricanes this early in the day counts as a minor surprise; minor, not major, since over the past few years he's been such an essential part of the culture in Carolina. Martinook, 29, is a rah-rah bottom-six winger who'll make $1.8 million annually on his new contract. He kills penalties, isn't afraid to issue a heavy hit on the forecheck, and, if necessary, will drop the gloves. With so much turnover on the Canes, inking a glue guy like Martinook to a reasonable deal is smart.

Signing: Stars sign defenseman Ryan Suter to a four-year deal
Analysis: The stink's fresh on Suter since he was bought out by the Wild just two weeks ago, but there's still plenty of good hockey left in the 36-year-old workhorse. Four years of good hockey? That's a stretch. But in the first half of Suter's new contract, which carries a manageable $3.65-million cap hit, he should be a strong second-pairing defenseman for Dallas. The club's blue line runs through Miro Heiskanen and John Klingberg, so Suter won't be counted on to rediscover his peak performance from when he was considered a top-10 player at the position. He's basically being asked to replace Jamie Oleksiak, who was selected and signed by the Kraken.

Signing: Oilers re-sign defenseman Tyson Barrie to a three-year deal
Analysis: This extension has serious "why not?" vibes. Barrie led all NHL defensemen in scoring in 2020-21 with 48 points in 56 games. He fits in well in Edmonton as a slick-skating D-man who can consistently distribute the puck to the team's fast, skilled forwards. There are questions about what Oilers management is doing with the blue-line corps, in general, but that's a separate conversation. Barrie gets a pay bump to $4.5 million from $3.75 million last year, and the term isn't onerous. It looks like the 30-year-old has found a home after signing with the Oilers last offseason following a poor stint in Toronto.

Signing: Oilers sign forward Zach Hyman to a seven-year deal
Analysis: Connor McDavid, meet your new puck retriever and defensive safety valve. For years, Hyman played a similar role in Toronto alongside superstar center Auston Matthews. There's no reason to believe he can't do the same for the Oilers. Hyman's home-run contract, which carries a $5.5-million cap hit, should be fine in the short term. It's dicey over the long term, however, given the Toronto native is already 29 years old and has dealt with significant injuries. That said, GM Ken Holland needs to start surrounding McDavid and former MVP Leon Draisaitl with better support on the wing, and this kind of commitment is the price. Hyman, a well-liked teammate, also has some scoring touch and is an effective penalty killer. Oilers fans should be pleased.

Trade: Blackhawks trade defenseman Nikita Zadorov to the Flames for a third-round draft pick in 2022
Analysis: Did Calgary just acquire its Mark Giordano replacement? Zadorov isn't the same caliber of defenseman as the former Flames captain; however, he is a left shot who can occupy a spot in the top four. Zadorov, 26, is a restricted free agent with arbitration rights, and after a flurry of roster moves, Chicago simply didn't have enough cap space to re-sign him. This is a praise-worthy pounce job by Treliving. A third-rounder isn't much to pay for a physical, 6-foot-6 blue-liner who should complement righty Rasmus Andersson on the second pair. Zadorov, for what it's worth, is coming off a one-year, $3.2-million deal. Calgary is the Russian's fourth NHL team.

Signing: Red Wings re-sign forward Sam Gagner to a one-year deal
Analysis: A low-risk, low-reward transaction. Detroit brings back a veteran who put up 15 points in 42 games last season and is due to make $850,000. At this point in his career, Gagner is a fourth-line forward capable of helping out on the power play. He averaged 15:26 of ice time in 2020-21 and he brings some intangible benefits, as the soon-to-be 32-year-old has built a strong reputation as a mentor. This will be Gagner's third year with the Wings.

Signing: Golden Knights re-sign defenseman Alec Martinez to a three-year deal
Analysis: Tidy piece of business by Vegas, a team firmly in win-now mode. Martinez, who will earn $5.25 million per year through 2023-24 on the new contract, would have been a sought-after UFA defenseman if he had hit the market. Locking him up keeps Shea Theodore, Martinez's defensive partner and the club's top blue-liner, happy. Martinez, 34, has a fantastic shot, including a lethal one-timer that was on full display this past postseason. The former King was acquired by the Golden Knights in a 2020 trade with Los Angeles and has really hit his stride on a squad that values big, mobile D-men.

John Matisz is theScore's senior NHL writer.

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Winners and losers from NHL free agency’s frenetic start

Day 1 of the NHL's free-agent frenzy is in the books, and what a day it was. According to CapFriendly, more than $783 million was spent on over 160 signings Wednesday.

Below, we dive into the winners and losers from Wednesday's festivities. Moves made in the days leading up to free agency were also considered for this exercise.

Winners

New Jersey Devils

Gregg Forwerck / National Hockey League / Getty

The Devils made the biggest splash of the day, signing prized free-agent defenseman Dougie Hamilton to a seven-year contract with an average annual value of $9 million.

Hamilton, a true No. 1 blue-liner, was the best free agent available. He's 6-foot-6, shoots right, skates well, and has tallied 82 points in his last 102 regular-season games. He also perennially posts excellent underlying numbers and projects to age well over the course of his deal.

The fact that the Devils locked him in for $500,000 less per season than the Chicago Blackhawks recently paid Seth Jones is a huge win.

New Jersey's blue line is shaping up to be pretty solid. The team already had enough decent rearguards but really needed an anchor like Hamilton to elevate those around him and push others down the lineup. Here's the Devils' projected depth chart:

LD RD
Ryan Graves Dougie Hamilton
Jonas Siegenthaler Damon Severson
Ty Smith P.K. Subban

The club still has over $20 million in cap space, and Subban's contract comes off the books after next season. In addition to the 21-year-old Smith, who's coming off a stellar rookie campaign, the Devils also have Kevin Bahl and 2021 fourth overall pick Luke Hughes coming through the system.

When the Devils are ready to contend in a year or two, Hamilton should still be elite.

Tampa Bay Lightning

Icon Sportswire / Icon Sportswire / Getty

It was inevitable that the Lightning would get worse this offseason, but general manager Julien BriseBois is doing everything in his power to give his club its best chance at three-peating.

The Lightning are now cap compliant after losing Yanni Gourde in the expansion draft and trading Tyler Johnson, along with a second-round pick, to the Chicago Blackhawks in exchange for Brent Seabrook's LTIR-headed contract (a deal that will actually help the Bolts gain $1.8 million in cap space).

The cost of a second-round pick to get rid of Johnson's deal isn't all that bad.

BriseBois' best piece of work was inking superstar center Brayden Point to an eight-year extension with a $9.5-million cap hit that kicks in for the 2022-23 campaign. Point's cap hit is identical to fellow team pillars Nikita Kucherov and Andrei Vasilevskiy.

The Lightning also shored up the edges of their roster with three solid deals. Rock-solid defender Zach Bogosian joined on an ultra team-friendly, three-year deal that carries a cap hit just above the league minimum at $850,000. Pierre-Edouard Bellemare, a superb penalty-killing, fourth-line center comes in on a two-year contract with a $1-million cap hit. Lastly, veteran backup goalie Brian Elliott signed a one-year, $900,000 pact.

Tampa Bay could make more depth signings but can also rely on bigger roles from youngsters like Ross Colton, Mathieu Joseph, and Boris Katchouk. Based on the Lightning's excellent player development track record, all three could be impact players in the team's bottom-six forward group next season.

Colorado Avalanche

Michael Martin / National Hockey League / Getty

Lock up Cale Makar - check.

Re-sign Gabriel Landeskog - check.

The Avalanche already accomplished the two biggest items on their offseason to-do list. The third - re-signing Philipp Grubauer - did not come to fruition, but it may be a blessing in disguise.

Grubauer inked a six-year deal with the Seattle Kraken, which pays him $5.9 million per season. That's a hefty price for a 29-year-old who was propped up mightily by the excellent team in front of him. Grubauer was a Vezina finalist but only ranked 13th in the league in goals-saved above expected.

The Avs replaced Grubauer with Darcy Kuemper. Yes, they had to give up a first-round pick and Conor Timmins to acquire him, but he's arguably better than Grubauer and will only count for $3.5 million against the cap next season. Colorado has a clear Stanley Cup window for the next two years before Nathan MacKinnon's bargain contract expires.

Kuemper is coming off a down year but was fantastic in 2019-20, posting a .928 save percentage and a 2.22 goals-against average while finishing second in the league in goals-saved above expected. If he can return to that form in front of Colorado's elite team defense, look out.

Losers

Edmonton Oilers

Andy Devlin / National Hockey League / Getty

Ken Holland helped build the Detroit Red Wings' dynasty of the late '90s and early 2000s, but the Oilers general manager's reputation has taken a turn for the worse over the past couple of weeks.

The Oilers made a handful of questionable moves Wednesday, leaving them with one of the most suspect blue lines in the league.

Edmonton brought back Tyson Barrie on a three-year contract with a $4.5-million cap hit, signed Cody Ceci to a four-year pact that carries a $3.25-million hit, and traded defenseman Ethan Bear for forward Warren Foegele.

The Bear-for-Foegele trade isn't entirely bad in itself, but the fact that the Oilers shipped out a promising, homegrown blue-liner to make room for Barrie and Ceci is bad optics. Here's Edmonton's projected blue line:

LD RD
Darnell Nurse Tyson Barrie
Duncan Keith Cody Ceci
Kris Russell Evan Bouchard

Outside of Nurse, this back end is littered with question marks. Barrie is gifted offensively but is a defensive liability. Keith is in serious decline. Ceci is a No. 6 D-man at best. Russell is 34. Bouchard has plenty of potential but is still unproven.

Whichever twosome that head coach Dave Tippett decides to deploy as his shutdown pairing will get exploited by opposing top lines.

Holland did do well to improve Edmonton's forward depth, bringing in Foegele, Derek Ryan, and Zach Hyman, but the latter's seven-year deal worth $5.5 million per season is a massive overpay. The 29-year-old has had two knee surgeries, and workhorses tend not to age well.

The Oilers also didn't address their issues between the pipes, missing out on all the top free-agent options and failing to pull the trigger on a deal for Kuemper. The possibility of another season with a Mike Smith-Mikko Koskinen tandem inspires little confidence.

Vegas Golden Knights

Ethan Miller / Getty Images Sport / Getty

The Golden Knights are having the worst offseason in team history. They traded franchise icon and reigning Vezina Trophy winner Marc-Andre Fleury for virtually nothing Tuesday.

While many assumed the newfound $7 million in cap space would be used to make a big splash - as the club has been known to do in its brief existence - nothing of that nature came to fruition.

Instead, Vegas brought in Laurent Brossoit to back up Robin Lehner, re-signed deadline acquisition Mattias Janmark, and traded for Evgenii Dadonov. The latter move is especially puzzling considering the 32-year-old appears to be in decline coming off a dreadful 20-point campaign and has two years left on his deal with a $5-million cap hit.

Dadonov is, at best, Vegas' sixth-best winger, meaning he's destined for the third line. The Golden Knights' biggest need was at center, but they failed to address it.

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Sabres sign goaltenders Anderson, Dell to 1-year deals

The Buffalo Sabres are taking care of business in their own crease.

Buffalo signed free-agent goalies Craig Anderson and Aaron Dell to one-year deals worth $750,000, the team announced Wednesday.

Anderson started just two regular-season games with the Washington Capitals last season, but he authored a stellar .929 save percentage in two playoff appearances.

The 40-year-old spent the bulk of his career with the Ottawa Senators, where he holds the franchise record in wins (202). He has also suited up for the Chicago Blackhawks, Florida Panthers, and Colorado Avalanche.

Anderson ranks fifth among active goalies in career wins (291) and second in career saves (19,994). He owns a .913 save percentage across 652 games played.

Dell, 32, has authored a .906 save percentage across 114 career NHL games, most of which he's played with the San Jose Sharks. The 32-year-old recorded a .857 save percentage in seven contests with the New Jersey Devils this past season.

The Sabres were in need of goaltenders after Linus Ullmark and Carter Hutton departed in free agency. Buffalo's top goalie prospect, Ukko-Pekka Luukkonen, and Dustin Tokarski are likely destined for the minors.

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