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2024 NHL Free Agency: Live Grades for All the Biggest Signings

The NHL's annual free-agent market opened at noon EDT on Monday. We can expect the usual frenzy of signings within the opening hours as teams attempt to sign the best available talent to address their respective roster needs.

Since 2020, many teams have been handcuffed by marginal salary cap increases as agreed on between the league and the NHL Players Association in their Memorandum of Understanding (MOU) during the COVID-19 pandemic.

This summer, however, sees an end to the flat cap as it has jumped by $4.5 million to $88 million. That could entice some clubs into bidding wars for the best unrestricted free-agent talent.