- BetOnline updated its 2022 Stanley Cup odds following a flurry of free agent signings and trades
- The opening of free agency on July 28 marked one of the busiest transaction days in NHL history
- Contenders like the Avalanche (+575), Lightning (+650) and Bruins (+1100) were all forced to tweak their rosters
The teams that are anointed winners of NHL Free Agency rarely go on to become Stanley Cup champions. But, after a busy week of trades and free agent signings, let’s take a look at the latest odds to see which clubs’ championship chances might be under- or over-valued heading into the offseason.
Be sure as well to check out our NHL betting tips page with resources on NHL MVP betting and more.
2022 Stanley Cup Odds
|Tampa Bay Lightning||+650|
|Vegas Golden Knights||+800|
|Toronto Maple Leafs||+1400|
|New York Islanders||+1800|
|New York Rangers||+2200|
|St. Louis Blues||+2800|
|Los Angeles Kings||+6600|
|San Jose Sharks||+7500|
|Columbus Blue Jackets||+10000|
|Detroit Red Wings||+10000|
|New Jersey Devils||+10000|
Cup contenders active in free agency
A +575 favorite to win the 2022 Stanley Cup, the Avalanche were able to re-sign captain Gabriel Landeskog to a eight-year, $56M contract and ink franchise defenseman Cale Makar to a six-year, $54M extension. When Colorado lost its Vezina-candidate netminder Philipp Grubauer to the Seattle Kraken, general manager Joe Sakic recovered quickly, adding Coyotes goaltender Darcy Kuemper for a first-round pick.
Tampa Bay (+650) lost their entire third-line, with Yanni Gourde claimed in the expansion draft and both Barclay Goodrow and Blake Coleman inking lucrative long-term deals with the Rangers (+2200) and Flames (+5000), respectively. However, the Lightning still have to be considered winners after wrapping up center Brayden Point to an eight-year, $76M extension.
Dougie Hamilton committing to the Devils, Ryan Suter signing with the Stars, and Phillip Grubauer going to the expansion Kraken were among the notable moves on the first day of NHL free agency, @drosennhl writes.https://t.co/qVG9NogZtg
— NHL.com (@NHLdotcom) July 29, 2021
The Vegas Golden Knights (+800) were rumored to be making a play for Jack Eichel after trading 2020 Vezina winner Marc-Andre Fleury to Chicago for a bucket of pucks, but GM Kelly McCrimmon says he’s “done shopping this offseason.”
No team was busier than the Bruins (+1100) last Wednesday. They replaced the injured Tuukka Rask with Sabres tender Linus Ullmark and added depth with former Blue Jackets captain Nick Foligno, forwards Tomas Nosek and Erik Haula and defensemen Derek Forbort. But with longtime center David Krejci returning home to play in the Czech Republic, it’s hard to say if Boston is any better.
Other big signings
The Carolina Hurricanes (+1100) seem overvalued after losing puck-moving defenseman Dougie Hamilton to the Devils on a massive seven-year, $63M contract. It’s also hard to get behind the Toronto Maple Leafs (+1400), who have done very little in the offseason after their latest playoff disappointment.
After falling short in the Stanley Cup Final, the Canadiens (+2500) added beefy blueliner David Savard and scoring winger Mike Hoffman in free agency. Edmonton (+2500) lost defenseman Adam Larsson to the Kraken but were able to re-sign Tyson Barrie, bring in Cody Ceci and add gritty forward Zach Hyman.
It’s been rather quiet on the Vladimir Tarasenko trade front — perhaps too quiet.
A league source tells @jprutherford that Tarasenko should have been traded by now and that the Blues are only diminishing his value by hanging on to him this long.
📚 https://t.co/YzFUV75ZDX pic.twitter.com/ePMkEuEvnz
— The Athletic NHL (@TheAthleticNHL) July 29, 2021
The Philadelphia Flyers (+2800) were more active on the trade market than free agency, bringing in mobile rearguard Ryan Ellis from Nashville and swapping Jakob Voracek for Cam Atkinson. A few seasons removed from winning the Cup, the St. Louis Blues (+2800) added winger Brandon Saad but still have Vladimir Tarasenko on their roster eating up cap space.
And, finally, the Washington Capitals (+2800) re-signed captain Alex Ovechkin for another five years as the Russian sniper takes aim at the Great One’s all-time goal-scoring record.
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