Articles / Which teams are the early winners and losers of this NHL free agency?

Which teams are the early winners and losers of this NHL free agency?

S
Sportsnet
Jul 1, 2025 2:34 PM

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As the NHL free agency period unfolds, several teams have emerged as early winners and losers. The signings of key players like Ryan O'Reilly, who joins the Toronto Maple Leafs, and the unexpected moves made by the Chicago Blackhawks have caught the attention of fans and analysts alike. O'Reilly, a coveted center, is expected to bolster the Leafs' strong lineup, contributing to their aspirations of contending for the Stanley Cup.

On the flip side, the Arizona Coyotes have faced challenges as they look to rebuild their roster. Despite efforts to attract talent, they remain a team in transition, having missed out on several prominent free agents. Meanwhile, the Edmonton Oilers have been making strategic signings to support their offensive core, including the acquisition of defenseman Mattias Ekholm, showcasing their determination to deepen their playoff run.

Notably, the Pittsburgh Penguins have also been active, with the signing of veteran forward Lars Eller adding experience to their lineup. They aim to re-establish themselves as contenders in an increasingly competitive Eastern Conference. As the dust settles on the initial wave of free agency, the strategies and decisions made now will have lasting impacts on the success of these franchises in the upcoming season.