News: The Canucks re-signed Alex Biega to a one-year, two-way contract Tuesday, the Province reports. The deal is worth $600,000 at the NHL level. Analysis: Alex Biega, who notched a goal in seven games with the big club in 2014-15, spent most of the season with AHL Utica, where he recorded 19 points in 62 games. The 27-year-old is thus slated to reprise his role as a depth blueliner for the Canucks' organization.
News: Drew Stafford signed a two-year, $8.7 million deal to remain with the Jets on Tuesday, Sportsnet.ca's Elliotte Friedman reports. Analysis: The 29-year-old Drew Stafford, who was acquired from Buffalo in February, finished up the 2014-15 season with 18 goals and 43 points in 76 games overall, but his production picked up with the Jets (19 points in 26 games), earning him a nice two-year payday with the team in advance of free agency. He'll likely be ticketed for a second- or third-line role this coming season.
News: Dougie Hamilton signed a six-year, $34.5 million deal with the Flames on Tuesday, Yahoo! Sports reports. Analysis: Dougie Hamilton came over from Boston in a trade last week, and it appears he's viewed as a key part of the Flames' future. The 22-year-old, who showed flashes of promise as a member of the Bruins, notched 42 points in an average of 21:20 of ice time per game last season.
News: Martin Jones signed a three-year, $9 million contract with the Sharks on Tuesday, Kevin Kurz of CSN Bay Area reports. Analysis: Martin Jones has been a member of three different teams within less than a week, but in agreeing to the new contract, it appears he's finally settled on a permanent home. At a $3 million cap hit, Jones will be almost twice as expensive as holdover Alex Stalock ($1.6 million), but both goalies should have a legitimate chance at fighting for the No. 1 job. With the Sharks bringing in a new coach in Peter DeBoer, Stalock doesn't figure to be shown any loyalty as the incumbent, which should allow for the better of the two goalies in training camp to rise to the top of the depth chart to begin the season.
News: Craig Cunningham re-signed Tuesday with the Coyotes on a one-year, two-way contract. Analysis: Though the Coyotes declined to tender a qualifying offer a day earlier to Craig Cunningham, a restricted free agent, it didn't take long for the team to find common ground with the winger on a new deal. The two-way deal will allow the Coyotes to demote Cunningham to AHL Portland without having to go through the waiver process, but given the lack of existing forward talent on the parent club's current roster that might be a moot point. The 24-year-old, who has recorded seven points in 53 career NHL games, could stick with Arizona for the bulk of the season.
News: Patrick Wey has elected to retire after suffering two successive concussions with AHL Hershey last season. Analysis: Patrick Wey's two-year, entry-level contract with the Capitals was set to expire July 1, and though he likely could have earned another contract with some organization, he decided to put his health at the forefront. The 24-year-old, who was drafted in the fourth round by the Capitals in the 2009 NHL Entry Draft, previously appeared in nine games for the parent club in 2013-14.
News: Lauri Korpikoski was traded to the Oilers on Tuesday in exchange for center Boyd Gordon. Analysis: Lauri Korpikoski was often miscast as a second-line player during his time with the Coyotes, but he should settle into a more natural third- or fourth-line role with Edmonton. The winger recorded six goals and 21 points in an injury-plagued 69 games in the desert last season.
News: Boyd Gordon (back) was traded to the Coyotes on Tuesday in exchange for forward Lauri Korpikoski. Analysis: Boyd Gordon annually ranks as one of the best performers in the faceoff circle, as illustrated by his 55.9 percent winning rate in 2014-15. However, that's about where his fantasy value begins and ends, as he's never been a big scorer or hitter, even by the standards of a fourth-line player. Additionally, his plus/minus rating remained a regular risk during his tenure with a bad Oilers team, and that figures to remain the case in 2015-16 with the Coyotes projected to be one of the league's worst units.
News: Mike Richards had his contract terminated by the Kings on Monday after he was allegedly stopped by police June 17 and questioned about illegal presciption drugs near a Canadian border crossing, according to a report from TMZ Sports. Analysis: Mike Richards reportedly wasn't charged with a crime during the police stop, but was asked about the prescription painkiller Oxycodone. It's not clear from the report if Richards was even carrying the drug in question at the time, though the Kings evidently determined from the evidence that the incident represented a "material breach" of the forward's contract with the team. The Kings were thought to be pursuing a buyout of the remainder of Richards' 12-year, $69 million contract, so the timing of the report will likely lead the NHLPA to investigate the situation closely. Regardless of the outcome, Richards is officially an unrestricted free agent and will be free to sign with any team.
News: Bryan Lerg re-signed with the Sharks on Tuesday to a one-year, two-way contract, Renaud Lavoie of TVA Sports reports. Analysis: The 29-year-old Bryan Lerg had an impressive NHL debut with the Sharks in April, scoring a game-winning goal on a team-high eight shots against the Oilers, but he isn't expected to parlay that performance into a meaningful role during the upcoming season. Instead, he's likely to open with AHL Worcester, where he registered 13 goals and 41 points across 68 games in 2013-14.