
Early NHL Free Agency Grades Surface Winners, Losers Across the League
Four days into the 2026 NHL free-agent window, The Athletic’s NHL staff graded every team’s early moves, highlighting a thin market but a wave of cap-smart signings, long-term extensions, and a mix of cautious versus aggressive strategies. Some teams earned solid marks for value deals and strategic plays (e.g., Montreal and Colorado), while others drew criticism for overpaying or failing to address needs (e.g., Anaheim and San Jose). The piece underscores a league-wide debate over balancing immediate impact with long-term cap health as free agency unfolds.












