ESPN.com · Jul 10, 2025
Which NHL teams added, or lost, most value this offseason?
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The more things change in the NHL, the more they stay the same. While plenty of teams rose or fell in 2024-25, the end result -- the Florida Panthers beating the Edmonton Oilers for the Stanley Cup -- was identical to the year before.
However, that doesn't mean the league ever stands still. Between a flurry of trades and free-agent signings, the rosters we'll see in training camp a couple of months from now will look markedly different from the ones that closed out the season.