When does NHL free agency start? Date, time & cap space for each team ahead of new league year

When does NHL free agency start? Date, time & cap space for each team ahead of new league year

The 2022-23 NHL season is over, meaning next up is the offseason.

The Stanley Cup was handed out, as the Golden Knights were crowned the champions of 2023 after defeating the Panthers in the Stanley Cup Final.

Now, teams begin the process of retooling for next year in hopes of taking the Golden Knights’ spot at the top of the NHL mountain.

While the NHL Draft is the first order of business of the offseason, free agency is just around the corner. It’s an opportunity for players to cash in after a career year, find a new contender to call home, or just simply get that next guaranteed contract.

Teams have already been busy re-signing players before they hit the market, while others are waiting around for free agency to officially begin to seek out new ones. As always, it should be a crazy few weeks in the NHL.

Here is what fans need to know for the start of free agency.

When does NHL free agency start?

Date: Saturday, July 1
Time: Noon ET

NHL free agency begins on Saturday, July 1, which is the first official day of the 2023-24 NHL season. 

Free agency starts at 12 p.m. ET that day. Teams are allowed to talk to their own players before noon on July 1st, however, opposing teams cannot speak to the players until free agency officially begins.

2023-24 projected cap space per team

Entering the 2023 offseason, the Ducks have the most cap space for next season, with just under $40 million available. The Blackhawks, Devils and Red Wings also have more than $30 million in cap space for the 2023-24 campaign. 

Here is a look at the projected cap space for each team, according to Spotrac. 

Team
Projected cap space

Anaheim Ducks
$39,048,333

Chicago Blackhawks
$37,594,977

New Jersey Devils
$34,282,500

Detroit Red Wings
$30,665,278

Arizona Coyotes
$27,061,794

Carolina Hurricanes
$24,573,083

Seattle Kraken
$20,343,424

Pittsburgh Penguins
$20,208,158

Ottawa Senators
$17,073,096

Buffalo Sabres
$16,959,763

Nashville Predators
$15,544,422

San Jose Sharks
$14,079,166

Colorado Avalanche
$13,350,000

Winnipeg Jets
$12,992,144

New York Rangers
$11,762,918

Florida Panthers
$10,262,499

Toronto Maple Leafs
$9,143,551

Minnesota Wild
$9,081,412

St. Louis Blues
$7,506,667

Dallas Stars
$7,394,671

Los Angeles Kings
$7,336,666

Washington Capitals
$7,313,332

Philadelphia Flyers
$6,801,476

Columbus Blue Jackets
$5,854,168

New York Islanders
$5,336,667

Edmonton Oilers
$5,070,000

Boston Bruins
$4,937,500

Vegas Golden Knights
$3,462,517

Calgary Flames
$1,250,000

Montreal Canadiens
$725,835

Tampa Bay Lightning
$450,000

Vancouver Canucks
-$668,750

Who are the top 2023 free agents?

It’s no secret, this year’s crop of free agents is pretty weak. 

While there are some high-profile names like Patrick Kane, Ryan O’Reilly and Vladimir Tarasenko, all are on the wrong side of 30 years old.

Here is a full list of the top 30 available unrestricted NHL free agents for the summer of 2023.

2023 NHL Free Agents Ranked

Rank
Player
Position
Age

1. 
Ryan O’Reilly
C
32

2. 
Vladimir Tarasenko
RW
31

3. 
Dmitry Orlov
D
31

4. 
Tyler Bertuzzi
LW
28

5. 
Patrick Kane
RW
34

6. 
Joe Pavelski
C
38

7. 
Max Pacioretty
LW
34

8. 
Patrice Bergeron
C
37

9. 
Frederik Andersen
G
33

10. 
Alex Killorn
LW
33

11. 
Tristan Jarry
G
27

12. 
Matt Dumba
D
28

13. 
Max Domi
LW
28

14. 
David Krejci
C
36

15. 
Michael Bunting
LW
27

16. 
Ivan Barbashev
C
27

17. 
Jason Zucker
LW
31

18. 
Shayne Gostibehere
D
29

19. 
Damon Severson
D
28

20. 
Semyon Varlamov
G
34

21. 
John Klingberg
D
30

22. 
Martin Jones
G
33

23. 
Brian Dumoulin
D
31

24.
Adin Hill
G
27

25. 
Alexander Kerfoot
C
28

26. 
J.T. Compher
C
28

27. 
Tomas Tatar
LW
32

28. 
Jordan Staal
C
34

29. 
Gustav Nyquist
RW
33

30. 
Ryan Graves
D
27

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