The most exciting part of the NHL offseason has arrived.
Free agency begins Saturday at noon ET, when teams can officially sign players from rival teams to new contracts.
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Salary cap space is limited for many teams because the cap rose just $1 million to $83.5 million for the 2023-24 season. As a result, we might see a lot of one-year contracts for players with the hopes of cashing in next summer when the cap is projected to be much higher.
It should still be a busy Day 1, though, as teams look to scoop up the best veterans on the market, including players such as Tyler Bertuzzi, Ryan O'Reilly and Dmitry Orlov.
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Keep it right here with our NHL free agency live blog for all of the latest rumors, contract details and more throughout Saturday.
10:31 p.m.: Bottom-six forward Garnet Hathaway will not be returning to the Bruins. He's headed to the Flyers.
News
4:28 p.m.: Here are some updates from Bruins general manager Don Sweeney's press conference.
4:04 p.m.: The Penguins are bringing back goalie Tristan Jarry on a five-year deal.
3:39 p.m.: Here's an update on Alex Killorn. He's going to the Anaheim Ducks.
3:36 p.m.: The Bruins have signed defensive defenseman Parker Wotherspoon. The Panthers are signing veteran defenseman Dmitry Kulikov.
3:35 p.m.: A couple Western Conference teams are making more moves.
2:45 p.m.: Carolina isn't done yet.
2:25 p.m.: The Stars getting a center of Matt Duchene's caliber is a great pickup. Daniel Sprong is also going to the Red Wings.
2:15 p.m.: The Bruins are adding Kevin Shattenkirk on a one-year, $1 million deal. He is a potential Connor Clifton replacement.
1:25 p.m.: Dmitry Orlov is taking his talents to the Hurricanes.
1:02 p.m.: Milan Lucic is coming back to Boston. Connor Clifton is leaving Boston to go to Buffalo.
12:55 p.m.: The Bruins have made another addition. A couple other deals have been reported, too, including a nice payday for Radko Gudas in Anaheim.
12:47 p.m.: Deals are coming in fast and furious.
12:26 p.m.: Blake Wheeler is headed to New York.
12:15 p.m.: We have updates on Ryan O'Reilly, Connor Brown and more.
12:05 p.m.: Here are the latest updates just a few minutes into free agency.
Noon: NHL free agency is underway.
11:52 a.m.: Alex Killorn is headed to the UFA market.
11:51 a.m.: Blake Wheeler is a name to keep an eye on.
11:38 a.m.: Here are some more updates.
11:24 a.m.: Alex Killorn is one of the top centers who could be available.
11:19 a.m.: A two-time 40-goal scorer could be traded today.
10:55 a.m.: It looks like the Eastern Conference champion Florida Panthers are adding defenseman Oliver Ekman-Larsson, who was bought out by the Vancouver Canucks last month.
10:20 a.m. ET: Let's start off with a roundup of news items and rumors from Friday night and early Saturday morning.
