Sports

New compensation thresholds for NHL offer sheets revealed

Posted on May 13, 2025

by Joelgalvan

Here’s what we don’t know: if there will be more offer sheets this summer.

Here’s what we do know: the compensation thresholds. Here are the tiers, ranging from zero compensation to four first-rounders:



Over $1,544,424 to $2,340,037
Over $2,340,037 to $4,680,076
Over $4,680,076 to $7,020,113	First- and third-round picks
Over $7,020,113 to $9,360,153	First-, second-, and third-round picks
Over $9,360,153 to $11,700,192	Two firsts, one second and one third

Teams can start talking to RFAs on the night of June 30, but nothing can be signed until free agency officially begins at 12:01 pm (ET) on July 1.

And remember that, in determining the AAV of an offer sheet, you divide the salary by term length or five — whichever is lower.

JoelGalvan