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Conor Sheary signed a three-year extension worth $9 million with the Penguins on Sunday, Jason Mackey of the Post-Gazette reports.

Impact

Sheary was scheduled for arbitration on Aug. 4. However, the Penguins settled with both Sheary and Brian Dumoulin before their hearings. Sheary had 23 goals and 53 points in 2016-17.

Kris Letang, who had neck surgery April 13, said he's getting stronger every day, NHL.com reports.

Impact

Letang has been doing drills to improve his footwork with the assistance of Terrell Owens, who's one of the better NFL wide receivers in recent memory. As for the stud defenseman, he watched his team prevail over the Predators in the 2017 Stanley Cup Finals – technically his third Cup win since the Pens drafted him in the third round of the 2005 draft. Letang remained in a near-elite class of fantasy defensemen by recording five goals and 29 helpers over 41 games of his abbreviated 2016-17 campaign.

Chris Neil is "not stressed at all" by the fact that he hasn't signed with a new team four weeks into free agency, Postmedia reports.

Impact

Neil's fourth contract with the Senators has expired, so he's looking for work as an unrestricted free agent. Apparently, the 38-year-old is getting attention on the open market, but he won't take just any offer that's on the table. "Everything is pretty quiet right now," Neil said. "Obviously, I've had some offers from teams. Looking at it, it wasn't the right fit at the time. There's some stuff in the air, and we're still going through it. It's not just me I'm thinking about. It's my wife and my kids. It's got to be the right kind of fit, like Ottawa has been through my whole career." Indeed, Neil had been property of the Sens since they drafted him in the sixth round of the 1998 draft. He's accumulated 250 points (112 goals, 138 assists) in 1,026 games.

The Bruins would like to grant David Pastrnak, who remains a restricted free agent, approximately $6 million per season on his next deal, CSNNE.com reports.

Impact

Pastrnak finished with 70 points (34 goals, 36 assists) over 75 regular-season games with the B's last season, a level of offensive production that absolutely obliterated previous career highs with two key catalysts factoring into the surge: natural progression and his seeing a substantial increase in total appearances from the prior year. The Predators made a huge splash with Friday's signing of Ryan Johansen to a $64 million deal. According to this latest report, that amount – coupled with the terms of Leon Draisaitl's next deal, assuming he re-signs with the Oilers first – could set the precedent for Pasta's next contract.

Will Butcher, who claimed the 2017 Hobey Baker Award, could be drawing interest from the Penguins, the Pittsburgh Post-Gazette reports.

Impact

Butcher compensates for his small stature – he's 5-foot-10 and 190 pounds – by skating well and demonstrating supreme on-ice awareness. As noted in the report, the Penguins have a rich history of developing college prospects and the two-time defending champions wouldn't need to deploy the defenseman right away. Earlier this week, the University of Denver product – who helped his team claim the 2017 NCAA Championship – announced that he will not sign with Colorado, the team that took him in the fifth round (123rd overall) of the 2013 NHL Entry Draft. The Penguins are one of several teams expected to lobby for the phenom's services August 15, when he officially becomes a free agent.

Chandler Stephenson is on the verge of a full-time role with the Capitals, CSN Mid-Atlantic reports.

Impact

While Stephenson reportedly needs to work on being more consistent and he should face stiff competition against similarly talented prospects – including, but not limited to, Nathan Walker and Riley Barber – in training camp, AHL Hershey head coach Troy Mann said the Bears would have missed the playoffs if they didn't have Stephenson. The Capitals' third-rounder from the 2012 draft added 38 points (10 goals, 28 assists) in 72 regular-season games for Hershey, followed by five in nine during the playoffs. Having appeared in 13 NHL contests, the young pivot is still looking to factor into a scoring play, but given his hyped offensive skill set, we figure he'll turn on the jets before long.

Madison Bowey has a chance to make the Capitals roster out of training camp this fall, CSN Mid-Atlantic reports.

Impact

"There's a spot there for him," AHL Hershey head coach Troy Mann said. "He's a right-shot D with size, and can move the puck. So I wouldn't be shy about saying that if he has a great training camp, you could see him cracking the lineup." A lacerated ankle that Bowey sustained last December is said to have curtailed his production down the stretch for the AHL's Bears, but the two-way phenom managed .41 points per game during the regular season, as well as a four-point total over 10 games in the Calder Cup playoffs. The 22-year-old was acquired by the Caps with a second-round (53th overall) selection in the 2013 NHL Entry Draft.

Shea Theodore, while speaking of training camp, said, "I'm going to be in the best shape I've ever been."

Impact

The 21-year-old defenseman was traded to the Golden Knights during the expansion draft. Originally selected by Anaheim with a first-round (26th overall) pick in the 2013 NHL Entry Draft, Theodore has five goals and 12 assists in 53 career regular-season contests. He's known as a mobile puck mover who could earn a top-four role with the nascent franchise. Keep an eye on his progress in training camp, as he appears motivated to provide for Vegas in its inaugural season.

Alex Stalock isn't promised the No. 2 job in Minnesota for the 2017-18 season, as he'll have to beat out Swedish backstop Niklas Svedberg, the Pioneer Press reports.

Impact

For the first time in four seasons, the Wild will be without Darcy Kuemper as the understudy to heady veteran goalie Devan Dubnyk. When asked whether Stalock is definitely going to serve as the backup in the upcoming season, head coach Bruce Boudreau said, "We don't want to give anybody anything," adding that Stalock – who's posted a career 2.35 GAA and .912 save percentage in 64 games; all but two of those with the Sharks – will have to come into training camp and perform well to stave off Svedberg. Nonetheless, Dubnyk has averaged 66 games played over the last two seasons and whoever ends up second in line doesn't figure to head between the pipes very often.

Niklas Svedberg will compete with Alex Stalock for the primary backup goalie job in Minnesota this season, the Pioneer Press reports.

Impact

The undrafted Swede does have NHL experience – he recorded 19 games with the Bruins between 2013-14 – but Svedberg will have to beat out Stalock, whose resume includes experience playing in five different levels of North American hockey. At the very least, it appears that Wild coach Bruce Boudreau is keeping his options open with training camp looming.

Ryan Johansen (thigh) agreed to terms on an eight-year, $64 million contract with the Predators on Friday – the largest deal in franchise history.

Impact

When Johansen was extended a qualifying offer in June, it was simply a procedural move as the two sides were expected to continue working toward a long-term deal. The center – who was acquired by Nashville via trade during the 2015-16 season – played in all 82 regular-season games for the Preds on his way to a fourth consecutive 60-plus point campaign. The 24-year-old was knocked out of the postseason after suffering acute compartment syndrome in his left thigh that required surgery to repair. With the Vancouver native on the ice, Nashville may have been able to topple the Penguins during the Stanley Cup Finals. In addition to leading the team with 61 points, Johansen also saw the most minutes among Predators forwards – logging 18:50 of ice time per game, including 2:55 on the power play. The thigh injury is not expected to impact his availability for the 2017-18 campaign, so fantasy owners looking to snatch up the 2010 fourth overall pick will likely have to do so early in their drafts, and probably shouldn't expect him to be available in most keeper leagues.

Andrei Markov agreed on a two-year deal with AK Bars Kazan of the KHL, Sportsnet reports.

Impact

Markov is said to have chosen that club due to his history with head coach Zinetula Bilyaletdinov. Fantasy owners can safely cut bait on Markov in all formats since we hadn't heard of him being linked to any team other than the Habs before he ultimately settled on the KHL deal.

Collin Delia inked a two-year, entry-level contract with the Blackhawks on Friday.

Impact

Delia joins Chicago following his junior season at Merrimack College in which he posted a 9-8-3 record with a .927 save percentage. Over his collegiate career, the netminder logged a 2.48 GAA, but only came away with 21 wins – which speaks more to the lack of offense around him. AHL Chicago appears to be set between the pipes with Jean-Francois Berube and Jeff Glass, so it appears that Delia will be headed to ECHL Indy to start his professional career.

Phil Di Giuseppe inked a one-year, two-way contract with the Hurricanes on Thursday.

Impact

Di Giuseppe split time between the NHL and AHL last season, notching seven points (one goal, six assists) in 36 games with the Hurricanes and 28 points (12 goals, 16 assists) in 40 games with AHL Charlotte. The 23-year-old winger will likely once again split time between the big club and Carolina's AHL affiliate in 2017-18, keeping him from being a viable option in season-long fantasy leagues.

Evan Rodrigues inked a two-year, two-way contract with the Sabres on Thursday.

Impact

Rodrigues appeared in 30 contests this past year and will look to expand upon that role heading into the 2017-18 campaign. In those outings, the forward tallied just four goals and a pair of helpers, but made a strong enough impression to stay in the lineup and make a run at a roster spot this upcoming season. The 23-year-old is a former linemate of Jack Eichel's at Boston University, but Rodrigues is projected to top out as a middle-six forward. The Toronto native's deal will convert to a one-way for the 2018-19 season.

Andrei Markov will return to his native Russia and join the KHL for the upcoming 2017-18 campaign.

Impact

Markov told reporters he couldn't imagine playing for another NHL team. No doubt the chance of suiting up at the 2018 Winter Olympics – something he wouldn't be able to do in the NHL – factored into the decision as well. After 16 seasons with the Habs, this likely will end the blueliner's NHL career with 990 games in which he tallied 119 goals, 453 helpers and 505 PIM.

Connor Jones secured a one-year, two-way contract with the Islanders on Thursday, Arthur Staple of Newsday reports.

Impact

Jones made his NHL debut last season – appearing in four outings but failing to register a point. In the minors, the 26-year-old fared slightly better, as he posted five goals and 14 helpers – along with 89 PIM – in 58 outings. Considering the winger has yet to find his scoring touch in the AHL, he is likely still a few years away from earning a permanent spot on the Isles' 23-man roster.

Jordan Sambrook will play out his final year of junior eligibility with the OHL's Erie Otters in 2017-18, MLive.com reports.

Impact

Acquired by the Red Wings with a fifth-round (137th overall) pick in the 2016 NHL Entry Draft, Sambrook was a key contributor for an Otters squad that advanced to the Memorial Cup (but ultimately lost to Windsor). The blue line prospect notched 40 regular-season points in 61 games, as well as 10 in 22 during the playoffs for his junior club. While the Red Wings really could use a two-way tantalizer like him as soon as possible, they probably won't throw him into the fire as a guy who hasn't even sampled the AHL yet.

Andrei Markov, who has spent 16 years of service time exclusively with the Canadiens, officially will not return with the club for the 2017-18 season.

Impact

The writing was on the wall that Markov would end up walking as an unrestricted free agent once Habs GM Marc Bergevin elected to expose the veteran to the Golden Knights for the expansion draft, and the big boss also courted the likes of Karl Alzner, David Schlemko and Mark Streit in free agency. Assuming that Markov wants to continue his NHL career, he shouldn't have trouble finding a new employer if the asking price is reasonable. He's manufactured 572 points (119 goals, 453 assists) over 990 career contests, and he still averaged 21:50 of ice time last season despite turning 38 years old in December.

Will Butcher will not sign with Colorado, instead becoming a free agent on Aug. 15, Adrian Dater of BSN Denver reports.

Impact

Butcher took home the Hobey Baker Award following his senior season at the University of Denver. The blueliner tallied seven goals, 30 helpers and a plus-27 rating in 43 outings. Given the roster deficiencies in the Mile High City, it shouldn't come as a surprise that the Wisconsin native wants to see what options are available to him.