The Detroit Red Wings have signed defenseman Erik Gustafsson to a two-year contract worth $2 million per season.
Gustafsson is known for being a productive defenseman, having registered 31 points in 76 games on an $800,000 deal with the New York Rangers. The year before that, the Swedish blueliner had 42 points in 70 games between Washington and Toronto.
Gustafsson was originally drafted 93rd overall by the Edmonton Oilers in 2012, but never played for the team. Instead, Gustafsson made his debut with Chicago in 2015-16, playing half the year in the NHL before going to the AHL on a full-time basis the following season. Gustafsson had a massive breakout year in 2018-19, scoring 17 goals and 60 points for a Blackhawks team that missed the playoffs.
Gustafsson hasn’t come close to that number since then. Over a two-year stretch, he bounced around from Chicago, Calgary, Philadelphia, and Montreal. He then returned to Chicago for the 2021-22 season before ending up in Washington last year, where he managed to break past the 30-point barrier for the first time in nearly half a decade.
Gustafsson gives Detroit another NHL-caliber defender on a team filled with veterans. Of the six signed blueliners, William Lagesson is the youngest at 28, with 23-year-old Moritz Seider still needing a new deal as an RFA. Ben Chiarot is the only defender making over $4 million, with two years left on his contract worth $4.75 million.
According to CapFriendly, the Red Wings still have $23.492 million in cap space, meaning they can remain active in free agency for the time being. Besides Seider, Lucas Raymond and Joseph Veleno are both RFAs seeking new deals.
More must-reads:
After sending All-Star winger Mitch Marner to the Vegas Golden Knights in a sign-and-trade, the Toronto Maple Leafs have looked to fill their new offensive void by committee. Using the cap space left by Marner, the Maple Leafs have acquired Matias Maccelli, Nicolas Roy and Dakota Joshua via trade. Still, there is a promising prospect eager to be part of the new equation. Enter the 28th overall pick of the 2023 NHL Draft, Easton Cowan. Cowan is coming off an impressive three-year stint with the OHL’s London Knights, scoring 83 goals and 218 points in 168 games, with a +72 rating. He has also been a phenom in postseason action, scoring 32 goals and 94 points in 55 playoff games with a +41 rating, helping the Knights win two OHL championships and reach two Memorial Cup Final appearances, winning the most recent one this past season. In a recent interview on Sportsnet’s The FAN Morning Show with hosts Ben Ennis and Brent Gunning, Knights head coach Dale Hunter said he expects Cowan to make the Maple Leafs roster out of training camp, saying, “He’s going to push to make the team and play well for the Leafs. Every organization needs young guys pushing to make the team, and it’ll make the Leafs better. I’m betting he’s going to make it, so that’s a good thing for the Leafs.” Although it’s nice to hear a positive recommendation from his recent coach, Cowan has enough confidence for the both of them. During a team media availability after a development camp skate in early July, Cowan was quoted as saying, “This time last year, I wasn’t as good as I am now. Just being able to manage the puck better, I’ve learned that a lot this year, and obviously with the Knights organization, they helped me out a lot. I felt when games got bigger, I got better. Those are the games I love to play in, when there’s a lot of people watching and there’s high stakes.” If it’s a high-stakes environment he craves, it’s a high-stakes environment he shall receive in Toronto. Although it was only the second time that the Maple Leafs had moved beyond the opening round of the playoffs in the last two decades, the postseason fell well short of expectations. Of arguably any team in the NHL for the foreseeable future, the stakes are the highest in Toronto. Unfortunately for Cowan, he’ll have to have a flawless training camp to crack the opening night roster. The Maple Leafs already have 14 forwards signed to one-way contracts next season, without counting RFA forward Nicholas Robertson, who may be back with the club despite his ongoing trade request. His pathway will become extremely narrow if Toronto decides to retain Robertson for the upcoming season. However, he could take one of the roster spots from Calle Järnkrok or Michael Pezzetta. Assuming he can beat out one of the latter two for a roster spot, Cowan could then work his way up to a top-six role throughout the regular season.
The 2025 Major League Baseball trade deadline was 6 p.m. ET on Thursday. Some teams managed to get better in either a short-term or long-term outlook. Other teams did not. We've already gone over the five biggest winners, which featured some surprising teams. Here we are focusing on the five teams that were the biggest losers. Minnesota Twins The good news for Twins fans is the team did not trade outfielder Byron Buxton or starting pitcher Joe Ryan. The bad news for Twins fans is the team traded pretty much everybody else. The worst news is the Twins have pretty much sabotaged any goodwill the team had built up in recent years, including their 2023 trip to the American League Division Series. Since then the Twins collapsed late last season, did very little in the offseason and then completely gutted the roster over the past two weeks, including a straight salary-dump trade of Carlos Correa to the Houston Astros, his former team. This is going to be a long, slow climb back to the top. Pittsburgh Pirates The Pirates had a chance to have a potentially impactful trade deadline with some intriguing trade chips in what had become a seller's market. They ended up trading closer David Bednar, third baseman Ke'Bryan Hayes, starting pitcher Bailey Falter and relief pitcher Caleb Ferguson. They held on to pending free agents Isiah Kiner-Falefa, Tommy Pham and Andrew Heaney. What's so baffling about the trades they did make is that they gave up useful, productive players with years of team control still remaining, did not get a single highly-ranked prospect back in return and kept the players that are going to leave for nothing. The only winner here is owner Bob Nutting's bank account for all of the money he saved in the future by dumping Hayes' contract and potential arbitration years from Bednar and Falter. Chicago Cubs After paying a steep price to get outfielder Kyle Tucker in the offseason everybody in Chicago knew the clock was ticking on the Cubs to build a winner around him. He is a free agent after this season and seems determined to hit the open market for the highest bidder. Even though the Cubs have emerged as a contender, it was pretty clear as the season has gone on that they needed at least one more starting pitcher. They did not get one, and instead only added a utility infielder (Willi Castro) and reliever Taylor Rogers. While so many teams around them in the NL managed to get better, it's an underwhelming deadline performance for a team that should be going all in. Atlanta Braves It's not that the Braves did anything poor at the trade deadline that makes them losers. It's that they didn't do ... anything. At least not anything that they needed to do. None of their pending free agents were moved, no significant changes were made to a team going nowhere this season and the only move they did make was a marginal trade involving Rafael Montero. That is extremely underwhelming. Boston Red Sox The Red Sox were rumored to be in the market for a significant starting pitcher, including Minnesota's Joe Ryan. They did not make that sort of splash move, and instead added Steven Matz and Dustin May. For a team trying to hang in the American League playoff race, that is not really exciting. They also paid a steep price to get May, giving up one of the top prospects — outfielder James Tibbs III — they acquired in the Rafael Devers trade to the San Francisco Giants.
The New York Knicks aren't waiting for the offseason drama surrounding Giannis Antetokounmpo and the Milwaukee Bucks to end before taking care of a key signing for their roster this summer. Per Shams Charania of ESPN, the Knicks signed Mikal Bridges to a four-year deal worth $150M on Thursday. "New York Knicks forward Mikal Bridges has agreed to a four-year, $150 million contract extension with the franchise, agents Sam Goldfeder and Jordan Gertler of Excel Sports Management tell ESPN," Charania posted on X. "The new deal includes a player option for 2029-30 and a trade kicker." Bridges' extension might not have happened if the Knicks believed they had a serious shot to land an elite player in a trade this summer. Per Ashish Mathur of Hoops Wire, the Knicks made their decision to sign Bridges to a new deal after they learned Antetokounmpo plans to stay in Milwaukee. "The New York Knicks got intel that Giannis Antetokounmpo won’t request a trade from the Milwaukee Bucks before signing Mikal Bridges to an extension, an NBA source told Hoops Wire on Thursday," Mathur wrote. "...The Knicks would have pursued Giannis Antetokounmpo had the two-time MVP requested a trade from the Bucks. All signs point toward Antetokounmpo remaining in Milwaukee." Due to the player option Bridges has in his new deal, the guard cannot be traded for at least six months. Mathur's report signals the reality that New York wants to land another star to pair with Jalen Brunson. However, the Knicks might not make a big splash until the trade deadline next year. The Knicks need a big man who can score and play defense at a high level in the playoffs, something Karl-Anthony Towns was unable to do in the Eastern Conference Finals.
The Los Angeles Lakers finished last season with a dud after propelling to the third seed of the Western Conference, losing to the Minnesota Timberwolves in the first round of the playoffs. The one thing that the Wolves exposed was the Lakers' lack of an inside presence. The center spot was weak once they traded Anthony Davis for Luka Doncic midway through the season, but they found a way to manage despite putrid numbers coming from the center position. The Lakers were bottom five in both rebounds and points per game for centers during the regular season after the All-Star break. However, in the postseason, the numbers got worse. They tried to use their original starting center, Jaxson Hayes, to man the paint, but he only played 7.8 minutes per game while only scoring 1.8 points and grabbing two rebounds per contest. This team knows it needs extreme levels of help for the center spot, which is why it is reportedly looking at a former All-Star center's situation. Anthony Irwin of ClutchPoints reported that the Lakers are closely monitoring the situation between Nikola Vucevic and the Chicago Bulls. The Bulls have shipped out several key players over the last year, with Vucevic being the lone former All-Star still on the roster. As his trade market winds down, some have speculated that a potential buyout is on the horizon. However, Chicago Bulls insider K.C. Johnson reported on "The Fastbreak" podcast that the Bulls have no intentions of a buyout and would like to move him for assets at the trade deadline. Vucevic would be a massive upgrade alongside Deandre Ayton, whom the Lakers signed earlier in the offseason. Vucevic put up very impressive numbers last season, averaging 18.5 points and 10.1 rebounds per game while shooting 53% from the field in 73 games. His career numbers are just as impressive, and he's a former two-time All-Star as well. The Lakers should continue to monitor Vucevic and assess the Bulls' ultimate plan for him. With Ayton already in the fold, a trade for Vucevic could put them at the top of the Western Conference.
Get the latest news and rumors, customized to your favorite sports and teams. Emailed daily. Always free!