The biggest domino in the Florida Panthers’ offseason fell on Friday night when Sam Bennett signed an eight-year contract extension with the team. This move likely ensures that the 29-year-old forward will finish his career in South Florida. Bennett’s contract, valued at $8 million per season, is a figure lower than what he might have commanded on the open market. However, this significant deal will inevitably limit the Panthers’ financial flexibility in the coming days.
After securing their second consecutive Stanley Cup, General Manager Bill Zito had expressed confidence that the Panthers could retain all three of their high-profile free agents: Bennett, Aaron Ekblad, and Brad Marchand. Yet, with Bennett’s signing, the team is left with $11 million in cap space for the upcoming season. New backup goalie Daniil Tarasov is expected to account for approximately $1 million of that, reducing the available cap space to $10 million.
Roster Challenges and Strategic Decisions
With limited cap space, the Panthers face challenging decisions. Assuming they secure Ekblad for a $7 million cap hit, this would leave them with just $3 million, barring any trades to clear additional space. The Panthers also need to sign restricted free agent Mackie Samoskevich, who would become the 12th forward under contract, bringing the roster to the league-minimum 20-man requirement. However, questions linger about the health status of star player Matthew Tkachuk.
If Tkachuk requires surgery later this summer—a possibility he has rated as 50/50—he could miss the start of the season. This scenario would allow the Panthers to place him on Long-Term Injured Reserve (LTIR), temporarily freeing up cap space to add depth players, potentially from their affiliate in Charlotte.
Financial Flexibility and Future Considerations
While the Panthers can exceed the salary cap by 10% during the offseason, allowing them to carry nearly $10 million in additional salary, this flexibility is temporary. Training camp is just over six weeks away, and the team must be cap-compliant by the start of the regular season.
The Panthers’ strategy may involve short-term solutions, focusing on immediate roster needs while planning for future adjustments. The short offseason leaves little room for error, and the team must navigate these challenges swiftly and effectively.
2025 NHL Draft and Panthers’ Selections
Meanwhile, the 2025 NHL Draft continues today at the Peacock Theater in Los Angeles, with the second through seventh rounds scheduled to begin at noon. The Panthers, however, have limited picks this year due to previous trades. Their selections include:
- Round 4: No. 112 (from Calgary), No. 128
- Round 5: No. 129 (from San Jose)
- Round 6: No. 192
- Round 7: No. 224
Without first, second, or third-round picks, the Panthers’ focus will be on identifying hidden gems in the later rounds to bolster their prospect pool.
Looking Ahead: Panthers’ Path Forward
The Panthers’ recent success, highlighted by their back-to-back Stanley Cup victories, sets high expectations for the upcoming season. However, the financial constraints and roster uncertainties present significant challenges. The team’s management must balance immediate competitiveness with long-term sustainability.
As the offseason progresses, the Panthers’ decisions regarding trades, signings, and potential roster moves will be closely watched. The team’s ability to adapt and optimize their roster under cap constraints will be crucial in maintaining their status as a championship contender.
With training camp on the horizon, the Panthers’ focus remains on strategic planning and execution, ensuring they are prepared to defend their title when the new season begins.
