NHL Teams Unleash Spending Frenzy as Free Agency Kicks Off The National Hockey League's annual free agency period got off to a record-breaking start on July 1, with a staggering 100+ players changing teams and a whopping $1 billion in contracts signed. The league's biggest stars and most sought-after free agents were in high demand, with several teams splurging on multi-million dollar deals to bolster their rosters. From veteran goalies to high-scoring forwards, the NHL's powerhouses and contenders were willing to break the bank to get the players they need to take their teams to the next level. As the dust settles on the first day of free agency, one thing is clear: the 2024-25 NHL season is shaping up to be a wild ride.

July 1 was full of fireworks in the NHL with free agency opening, and the League’s teams went on a shopping spree. More than 100 players switched teams and more than $1 billion ...