News: Ryan O'Reilly's contract extension with the Sabres will be for seven years and $52.5 million, Elliotte Friedman of Hockey Night in Canada reports. Analysis: The $7.5 million annual average value on the deal makes Ryan O'Reilly one of the game's highest-paid players. The Sabres and O'Reilly structured the contract in an atypical fashion, as the salary for each season is only $1 million, with the remainder of the money coming in the form of a signing bonus. It's a steep price to pay for Buffalo, but one they deemed necessary in order to continue their overhaul of one of the league's weakest forward corps.
News: Joel Ward signed a three-year, $9.825 million contract with the Sharks on Friday, CSN Bay Area's Kevin Kurz reports. Analysis: After the Capitals replaced him with Justin Williams on the first day of free agency, Joel Ward ended up finding a home on the West Coast, where he'll join a veteran forward corps. Ward skated primarily on the third line with the Capitals in 2014-15, notching 19 goals and 34 points in 82 games. Historically, Ward has saved his best work for the postseason (14 goals, 21 assists in 53 playoff games), where the Sharks have infamously failed to come up in the clutch in recent seasons. The 34-year-old Ward probably isn't alone going to get them over the hump or even back in the playoffs, but he'll at least provide the Sharks with a serviceable third-line sniper.
News: Yann Danis signed a one-year, two-way deal with the Devils on Friday, Tom Gulitti of The Record reports. Analysis: Yann Danis will likely begin the season in the AHL, and he's unlikley to make much of an impact at the NHL level.
News: Byron Froese signed a two-year, two-way deal with Toronto on Friday. Analysis: Byron Froese spent last season in the AHL and ECHL, most notably appearing in 46 games for the Toronto Marlies. The 24-year-old will likely remain in the minors to begin next season.
News: Blair Jones signed with the Canucks on Friday. Analysis: Blair Jones spent most of last season in the AHL, playing 33 games and scoring 21 points for Lehigh Valley. He saw time in four NHL games for the Flyers, recording two penalty minutes and a minus-4 rating.
News: Dmitrij Jaskin signed a one-year deal with the Blues on Friday. Analysis: As a rookie last season, Dmitrij Jaskin scored 13 goals to go with five assists in 54 games. The 2011 second-round pick had a plus-7 rating and 16 penalty minutes.
News: Brandon Saad signed a six-year, $36 million deal with the Blue Jackets on Friday, Yahoo! Sports reports. Analysis: Brandon Saad, who was acquired in a trade with the Blackhawks earlier in the week, will make roughly $6 million per year despite never reaching the 30-goal plateau. He's just 22 years old, however, so Buffalo is betting that he'll continue to improve. Saad should team with Ryan Johansen to form a formidable tandem on the Blue Jackets' first line.
News: Carlo Colaiacovo agreed to a one-year deal with the Sabres on Friday. Analysis: The defenseman appeared in 33 games for the Flyers last season, notching eight points and 10 penalty minutes. The veteran has also spent time with the Blues, Red Wings and Maple Leafs during his 12-year career.
News: Andrew Desjardins re-signed with the Blackhawks on Friday, ESPN reports. Analysis: Andrew Desjardins will return to Chicago on a two-year deal that will pay him an average of $800,000 per season. The 28-year-old came over at the trade deadline from San Jose last season and was a plus-1 in 13 regular season contests. In 21 playoff appearances, Desjardins notched a goal and three assists.
News: John Ramage signed a one-year, two-way deal with the Blue Jackets on Friday, NHL.com reports. Analysis: John Ramage was not tendered a qualifying offer by the Flames last month, making him an unrestricted free agent. The defenseman spent the majority of the season at AHL Adirondack, tallying three goals and 12 assists in 57 games. He'll likely spend the bulk of 2015-16 in the AHL.