The 2024 NHL free agency period got off to a chaotic start on July 1, with several teams making significant moves to improve their rosters. Let's take a look at some of the winners and losers from this wild day in the league.
Winners: Florida Panthers The Panthers had a successful day at the free agency table, signing key players Sam Reinhart and Dmitry Kulikov to long-term contracts. Reinhart was signed to a cost-effective deal with a cap hit of $8.6 million, while Kulikov was retained for the next four seasons at a measured cap hit.
Losers: Vegas Golden Knights, Tampa Bay Lightning Two major teams suffered losses on Day 1 of free agency. The Vegas Golden Knights let Jonathan Marchessault walk and did not take the risk of signing Brandon Montour to an expensive deal. Meanwhile, Steven Stamkos is no longer with the Tampa Bay Lightning, who replaced him with Jake Guentzel on a more affordable contract.
Lessons Learned: Loyalty vs. Improvement One theme that emerged from Day 1 of free agency was the contrast between teams prioritizing loyalty and others making moves to improve, even at the expense of fan favorites and franchise icons.
Impact on Canes: Unrestricted and Restricted Free Agents The Canes have a number of Unrestricted and Restricted Free Agents who can hit the market at Noon on July 13, 2024. Some notable names include Callahan Burke, Tony DeAngelo, Jordan Martinook, Stefan Noesen, Brett Pesce, Antti Raanta, Brady Skjei and Teuvo Teravainen.
Impact on Canes: Jake Guentzel's Situation Jake Guentzel's situation is uncertain after reports of trade negotiations with other teams. The Canes may try to keep him, but his destination is uncertain.
Impact on Canes: Martin Necas RFA Situation Martin Necas was not traded prior to or during the draft and the Canes have the right to match any offer he receives as a Restricted Free Agent. Seth Jarvis is expected to receive a big deal from the Canes long term, and it's possible they may decide to stick together for two more years until he can be an Unrestricted Free Agent.
Impact on Canes: Exploring Options in the Open Market The Canes are exploring options in the open market, including players such as Steven Stamkos, Sam Reinhart, Brandon Montour and Jonathan Marchessault.