News: Viktor Tikhonov signed a one-year, $1.04 million contract with the Blackhawks on Wednesday, The Hockey News reports. Analysis: After suiting up for St. Petersburg in the KHL for the last four seasons, Viktor Tikhonov was apparently quite eager to test himself in North America, as he reportedly took a $2 million pay cut to leave Russia. With the Blackhawks desperate to create cap room for the start of the coming season, the low-cost signing Tikhonov could be exactly what they need to create salary relief. Despite his minimal price, Tikhonov isn't completely bereft of value, as he was a former first-round selection by the Coyotes in 2008 and showed some scoring ability with St. Petersburg last season, supplying eight goals and 16 assists in 49 games. The Blackhawks will take a long look at him during training camp and see where he fits in best.
News: The Rangers signed Matt Lindblad on Wednesday, the Boston Herald reports. Analysis: The 25-year-old Matt Lindblad, who notched 22 points in 47 games for AHL Providence last season, gives the Rangers' organization added forward depth, but he remains a break or two from the fantasy radar in his new playing context.
News: David Warsofsky signed a one-year, two-way deal with the Penguins on Wednesday, the Boston Herald reports. Analysis: The smallish David Warsofsky, who recorded 15 points in 40 games for AHL Providence this past season, brings good mobility to the table, though ultimately his fantasy utility hinges on whether or not he sees power play duty if/when he sees action with the Penguins. If so, he carries some sleeper value in deeper formats.
News: John Moore signed a three-year, $4.8 million contract with the Devils on Wednesday, Rich Chere of the Newark Star-Ledger reports. Analysis: After he was surprisingly non-tendered by the Coyotes on Monday, John Moore didn't take long to latch on with a new team in unrestricted free agency. The 24-year-old Moore offers a left-handed shot and ideal size (6-foot-3, 202 pounds) for a Devils defense that already has a good young core in place. The blueliner tallied two goals and 11 points across 57 games with the Rangers and Coyotes last season.
News: Greg Pateryn signed a two-year contract extension with the Canadiens on Wednesday, CTV Montreal reports. Analysis: "Greg is a young defenceman who has developed very well. He enjoys the physical play and brings more depth to our defensive group," GM Marc Bergevin noted of the blueliner. In 17 regular season games with the Canadiens this past season, Greg Pateryn did not record a point, though the 25-year-old defender did manage three helpers in seven playoff games.
News: Barret Jackman signed a two-year, $4 million contract with the Predators on Wednesday, Adam Vingan of The Tennessean reports. Analysis: After 12 years in St. Louis, Barret Jackman will join another franchise for the first time in his career. As was the case during his final few seasons with the Blues, Jackman will be suiting up for one of the league's deeper defensemen ranks, as he'll join a Predators roster that includes All-Stars Shea Weber and Roman Josi and promising youngsters Ryan Ellis and Seth Jones. Those four players figure to shoulder most of the offensive burden from the blue line, leaving Jackman to do what he does best -- agitating opposing forwards and providing sound decision-making in front of his own net.
News: The Maple Leafs signed P.A. Parenteau to a one-year deal on Wednesday, TSN.ca reports. Analysis: P.A. Parenteau, whose contract was bought out by the Habs, notched 22 points in 56 games for Montreal last season. He'll look to bounce back with the Leafs and if he secures a more prominent role with his new team -- a plausible outcome -- the 32-year-old forward is capable of a rebound in 2015-16.
News: Cody Hodgson signed a one-year, $1.05 million contract with the Predators on Wednesday, Adam Vingan of The Tennessean reports. Analysis: Last season, the Predators cashed in on a low-risk, high-reward signing in Mike Ribeiro, and it looks like they're hoping on following that template again with Cody Hodgson. Once viewed as a key member of the Sabres' rebuild, Hodgson was never able to get on the same wavelength with coach Ted Nolan last season, resulting in a stark decline in his ice time and offensive productivity (six goals, 13 points in 78 games). After having his contract bought by the Sabres a day earlier, Hodgson will now look to rehabilitate his value in Nashville, where he should have the good fortune of playing next to a far greater pool of talent than in Buffalo. This deal could be a steal for the Preds.
News: Michael Frolik signed a five-year, $21.5 million contract with the Flames on Wednesday, Bob McKenzie of TSN reports. Analysis: The Flames' top line of Johnny Gaudreau, Sean Monahan, and Jiri Hudler was as good as any in the league, but the team's lack of secondary scoring prompted them to go out and lure Michael Frolik away from Winnipeg. Frolik, who has produced back-to-back 42-point campaigns for the Jets, figures to slot in at one of the wing spots on the second line for Calgary alongside up-and-coming center Mikael Backlund.
News: Mark Letestu signed a three-year contract with the Oilers on Wednesday, NHL.com reports. Analysis: Mark Letestu, whose deal is worth an average of $1.8 million per season, is coming off a campaign in which he notched 13 points in 54 games for Columbus. With the Oilers, the 30-year pivot brings a veteran presence to the table in his role as a bottom-six forward.