The NHL’s UFA Market: Beyond the Big Names, a Shift in Value is Underway
Over $862 million committed before July even ended – NHL free agency 2024 was a whirlwind. But the initial frenzy has subsided, leaving a surprisingly robust pool of players still available. While the spotlight focused on splashy signings, a more subtle trend is emerging: a growing emphasis on value and versatility, particularly as 29 teams still operate under the 2025-26 salary cap ceiling. This isn’t just about filling roster spots; it’s a sign of how teams are adapting to a complex financial landscape and prioritizing strategic depth.
The Remaining Free Agents: A Closer Look at Potential Bargains
Let’s dive into some of the most intriguing names still on the market, analyzing their potential impact and likely landing spots.
Nicklas Roslovic: Toronto’s Target, a Versatile Forward
At 28, NHL free agents like Nicklas Roslovic represent a sweet spot – young enough to contribute immediately, but potentially available at a reasonable price. Roslovic, coming off a productive season with Carolina (22 goals, 39 points), offers positional flexibility, capable of playing both center and wing. His inconsistency is a concern, but his upside is undeniable. Reports from Elliotte Friedman’s “32 Thoughts” podcast indicate the Toronto Maple Leafs, finally enjoying cap flexibility, are seriously interested, as are the Washington Capitals. He’s the best backup option for teams who were interested in Pius Suter.
Victor Olofsson: Power-Play Potential on a Budget
Victor Olofsson, 29, is a smart value buy. For a team needing a power-play boost, his 13.5% career shooting percentage and three 20-goal seasons are compelling. However, he’s not a two-way player; his strength lies in offensive contributions. Coming off a season with Vegas where he scored 15 goals in 56 games, Olofsson could thrive in a specific role.
Conor Grzelcyk: Experienced, Offensive Defenseman
Conor Grzelcyk, 31, provides a different kind of value. The left-shot defenseman played all 82 games for the Penguins last season, notching a career-high 40 points. While undersized, his experience (527 NHL games, 66 playoff appearances) is valuable. The Penguins’ decision to move in a different direction opens an opportunity for a team needing a puck-moving defenseman.
Ilya Samsonov: Goaltending Gamble with High Reward
The goaltending market is always volatile, and Ilya Samsonov, 28, presents a fascinating case. Despite a disappointing season with the Sharks after being traded from Colorado, his 2022-23 record with the Avalanche (40 wins, .919 save percentage) demonstrates his potential. With John Gibson off the market, Samsonov is arguably the most intriguing UFA goalie available, but he may need to adjust his asking price given his recent performance. The thin goalie market could drive up his value, however.
Max Pacioretty: A Veteran’s Last Stand?
At 36, Max Pacioretty’s future is uncertain. His series-clinching goal for the Maple Leafs in the playoffs was a dramatic highlight, but his injury history is a significant concern. He’s wisely adapted a more physical style, and a one-year deal could be mutually beneficial. Brad Treliving has indicated the door remains open in Toronto, but his availability will depend on his willingness to accept a limited role.
The Depth Options: Kunin, Kiviranta, Carcone, and Beyond
Beyond these names, several players offer intriguing depth potential. Kevin Kunin, 27, brings a physical edge and 434 games of experience. Roope Kiviranta, 29, nicknamed the “Finnish Gretzky” after a memorable playoff performance, could be a steal. And Michael Carcone, 29, quietly ripped 21 goals for the Arizona Coyotes last season and is looking for his first seven-figure contract. These players represent the kind of smart, cost-effective signings that can bolster a team’s bottom six.
The Rise of Value-Based Free Agency
This year’s UFA market isn’t defined by blockbuster signings; it’s characterized by teams seeking value. The increasing emphasis on salary cap management is forcing GMs to be more strategic. Teams are prioritizing players who can fill specific roles without breaking the bank. This trend is likely to continue, as the NHL’s financial landscape becomes increasingly complex. As noted in a recent report by CapFriendly (https://www.capfriendly.com/), the gap between the highest and lowest-spending teams is narrowing, indicating a more competitive market for player salaries.
What This Means for Teams
For teams with cap space, this presents an opportunity to acquire undervalued assets. For teams near the cap ceiling, it necessitates a focus on identifying players who can contribute without demanding exorbitant salaries. The ability to identify and develop these players will be a key differentiator in the coming years.
What are your predictions for the remaining NHL free agents? Share your thoughts in the comments below!
