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NHL News

2024 NHL Free Agent Market and Stanley Cup Betting Odds

Staff Writer 06/19/2024
4 Min Read
NHL: Stanley Cup Playoffs-Florida Panthers at Tampa Bay Lightning
Apr 27, 2024; Tampa, Florida, USA; Tampa Bay Lightning center Steven Stamkos (91) looks on against the Florida Panthers during the third period in game four of the first round of the 2024 Stanley Cup Playoffs at Amalie Arena. Mandatory Credit: Kim Klement Neitzel-USA TODAY Sports
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The 2024 NHL free agency, commencing on July 1, 2024, promises to be a pivotal period for teams aiming to bolster their rosters and enhance their chances of winning the 2025 Stanley Cup. As the Edmonton Oilers and Florida Panthers gear up for a thrilling Game 6 in the 2024 Stanley Cup Finals, both teams are already looking ahead to potential significant roster changes that could shape their future success.

Teams across the league will compete for top talent during the free agency period to strengthen their lineups. This will undoubtedly influence the betting odds for the 2025 Stanley Cup as new bookmakers and sportsbooks adjust their predictions based on the movements and acquisitions of star players.

As teams navigate the complexities of contract negotiations and salary cap constraints, the decisions made during the free agency period will set the stage for the next NHL season. Fans and analysts will watch closely to see which teams emerge as favorites and how the league dynamics shift with each new signing.

Key Free Agents

Jack Guentzel (Carolina Hurricanes)

One of the most in-demand players will be Carolina Hurricanes’ Jack Guentzel, who tops the potential free agents list with 1.15 points per game. The Hurricanes have initiated talks with his representatives, indicating their strong interest in retaining him, but don’t count out the New York Rangers and Vancouver Canucks.

Steven Stamkos (Tampa Bay Lightning)

Tampa Bay Lightning captain Steven Stamkos, at 34, continues to be a crucial player, contributing 40 goals this season. Having reacquired Ryan McDonagh, the Lightning believe they have the financial flexibility to extend Stamkos’ stay. The Boston Bruins, Toronto Maple Leafs, and the Florida Panthers are expected to make hard runs at Stamkos.

Patrick Kane (Detroit Red Wings)

Patrick Kane’s recovery and performance for the Detroit Red Wings, with 47 points in 50 games, make him a significant player in the free agent market. At 35, Kane will consider his options and may test the market to see what offers arise.

Brady Skjei (Carolina Hurricanes)

One of the lengthiest negotiations has been between the Carolina Hurricanes and Brady Skjei. Following a career-best season, Skjei is a high priority for the Hurricanes, and talks are expected to continue.

Vancouver Canucks Free Agents

The Vancouver Canucks have several key players hitting free agency, including Ian Cole, Teddy Bluegar, Tyler Myers, Sam Lafferty, Dakota Joshua, Nikita Zadorov, and Elias Lindholm. Despite a challenging start, Lindholm found his form in the postseason, making him a valuable asset. He might explore the market due to the high demand for his position.

Implications on Betting Odds

As teams finalize their rosters, the off-season moves will significantly impact the betting odds for the 2025 Stanley Cup. Fans and analysts will closely watch how these free-agent signings affect team dynamics and performance projections. Sportsbooks at top online casinos will rapidly update odds based on these developments, providing bettors with the latest insights and opportunities.

Current Stanley Cup Odds

While the 2024 season wraps up, early odds for the 2025 Stanley Cup have been released. Here are the current favorites:

  • Colorado Avalanche: +600
  • Tampa Bay Lightning: +800
  • Toronto Maple Leafs: +900
  • Vegas Golden Knights: +1000
  • Carolina Hurricanes: +1100

These odds fluctuate as free agents find new homes and teams finalize their rosters. Observing these changes can provide strategic betting opportunities as the off-season progresses.

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TAGGED:Brady SkjeiJake GuentzelPatrick KaneSteven Stamkos

Offer Sheet Compensation

<$1.54M no comp
$1.54M – $2.34M: 3rd
$2.34M – $4.68M: 2nd
$4.68M – $7.02M: 1st, 3rd
$7.02M – $9.36M: 1st, 2nd, 3rd
$9.36M – $11.7M: 1st, 1st, 2nd, 3rd
$11.7M+: 1st, 1st, 1st, 1st,

2024-25 Critical Dates

June 1-7: NHL Scouting Combine (Buffalo, NY)
June 23rd: Last possible day for the Stanley Cup Final
June 27th-28th: 2025 NHL Draft
July 1st: Start of free agency

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