Chicago Blackhawks forward Connor Bedard (shoulder) has signed a five-year, $75 million contract extension, giving him the third-highest cap hit in the NHL next season. His average annual value of $15 million is surpassed only by Anaheim's Leo Carlsson ($18 million) and Minnesota's Kirill Kaprizov ($17 million). Bedard, who turned 21 on Friday, was a restricted free agent. Unfortunately, Bedard's season debut in 2026-27 will be delayed by shoulder surgery. On July 9, the Blackhawks announced that Bedard is expected to be out for approximately four months. Once he's back, he will set his sights on maintaining a point-per-game pace for a second consecutive year. Bedard finished last term with 75 points (30 goals, 45 assists) in 69 outings.

Philadelphia Flyers defenseman Jamie Drysdale will remain with the franchise on a four-year, $26 million contract. As a restricted free agent, the 24-year-old had a salary arbitration hearing scheduled for Monday. After struggling to stay healthy early in his NHL career, Drysdale has performed solidly for the Flyers. He matched his career high with 32 points (eight goals, 24 assists) in 78 games last term, adding 94 blocks. Flyers general manager Daniel Briere expressed confidence that Drysdale's best performances are still to come, so it wouldn't be surprising if he nears the 40-point mark in the next few seasons.

Montreal Canadiens forward Kirby Dach will play out the 2026-27 campaign on a one-year, $3.6 million contract. He received only a slight raise from his previous four-year, $13.45 million deal. Dach, who was a restricted free agent, struggled badly with injuries during his last contract. The 25-year-old was limited to 37 appearances in 2025-26, totaling 15 points (seven goals, eight assists). He's yet to play more than 58 games in a season for Montreal, so Dach's main goal next season should be an injury-free campaign. If he stays healthy, Dach could become a 40-point scorer while averaging about two hits per game.

St. Louis Blues forward Connor McMichael has been handed a six-year, $40.5 million contract by the team. He was a restricted free agent after earning $2.1 million in each of the last two seasons. The Blues brought in McMichael from the Washington Capitals in the deal that sent Jordan Kyrou to D.C. last month. He's scored over 100 points over the last two years, though McMichael had a mediocre 46-point campaign in 2025-26. With a larger role in St. Louis, the 25-year-old could make a greater impact. A middle-six role awaits him, along with regular power-play time.