2024–25 NHL transactions

1.^ Maroon announced on March 22, 2025 that he would retire at the conclusion of the season; Maroon played his last game in the Blackhawks' final home game of the year on April 13, 2025, forgoing the team's final two games on the road.^[15]

2.^ Martinez played his last game in the Blackhawks' final home game of the year on April 13, 2025, forgoing the team's final two games on the road.^[16]

3.^ Savard announced on April 18, 2025 that he would retire at the conclusion of the Canadiens' playoff campaign; the Canadiens were eliminated from the 2025 Stanley Cup playoffs on April 30, 2025.^[18]

A team and player may mutually agree to terminate a player's contract at any time. All players must clear waivers before having a contract terminated.

Buyouts can only occur at specific times of the year. For more details on contract terminations as buyouts:

Teams may buy out player contracts (after the conclusion of a season) for a portion of the remaining value of the contract, paid over a period of twice the remaining length of the contract. This reduced number and extended period is applied to the cap hit as well.

• If the player was under the age of 26 at the time of the buyout the player's pay and cap hit will reduced by a factor of 2/3 over the extended period.
• If the player was 26 or older at the time of the buyout the player's pay and cap hit will reduced by a factor of 1/3 over the extended period.
• If the player was 35 or older at the time of signing the contract the player's pay will be reduced by a factor of 1/3, but the cap hit will not be reduced over the extended period.

Injured players cannot be bought out.

1.^ The NHLPA formally grieved Johansen's contract termination on September 26, 2024.^[51] On August 12, 2025, an arbiter sided with the Flyers, affirming Johansen's termination.^[52]

2.^ Gaudreau's contract was terminated after his death as result of a road accident on August 29, 2024.^[33][53]

3.^ Lehner's contract was terminated when Lehner failed to appear at Vegas' training camp; Lehner claimed to have valid personal reasons for his absence, and the NHL ruled the situation an "unprecedented and highly unique" case, granting Vegas the termination of Lehner's contract, but with Lehner still receiving all compensation owed to him, though not counted against Vegas' salary cap.^[34]

Note: This does not include players who have re-signed with their previous team as an unrestricted free agent or as a restricted free agent.

* Retained Salary Transaction: Each team is allowed up to three contracts on their payroll where they have retained salary in a trade (i.e. the player no longer plays with Team A due to a trade to Team B, but Team A still retains some salary). Only up to 50% of a player's contract can be kept, and only up to 15% of a team's salary cap can be taken up by retained salary. A contract can only be involved in one of these trades twice.

Hover over retained salary or conditional transactions for more information.