The biggest NHL news today delivers a reunion few hockey fans believed they would see again. Patrick Kane is returning to the Chicago Blackhawks, signing a two-year contract worth $16 million that includes a full no-move clause. The move places one of the most accomplished players in franchise history alongside the next generation of Blackhawks talent, led by Connor Bedard.
Chicago’s decision is not simply a nostalgia play. Kane recorded 57 points in 67 games with the Detroit Red Wings last season, proving he can still create offence, manage a power play and produce against NHL competition. Meanwhile, the Columbus Blue Jackets settled one of their most important contract questions by signing goaltender Jet Greaves to a three-year, $15 million deal.
Those two signings lead the latest NHL news, but the league’s contract market remains active. Adam Fantilli is unsigned, several arbitration cases remain unresolved and Eeli Tolvanen is still looking for a new team. Here is what the latest developments could mean heading toward the 2026-27 NHL season.
Latest NHL News: Patrick Kane Rejoins the Chicago Blackhawks
Kane’s return immediately becomes one of the most fascinating stories of the offseason. The 37-year-old spent his first 16 NHL seasons with Chicago, winning three Stanley Cups and becoming one of the defining players of the Blackhawks’ championship era.
He now returns on a two-year contract carrying an average annual value of $8 million. Kane produced 16 goals and 41 assists last season and recently reached 1,400 career points, demonstrating that his offensive instincts remain elite even if his game has naturally evolved with age.
My read on the signing is that Chicago is paying for more than Kane’s point total. The Blackhawks are adding a player who understands how to slow a game down, manipulate defenders and create scoring opportunities under pressure. That experience should be valuable for Bedard and Chicago’s younger forwards.
There is risk attached to giving a 37-year-old winger an $8 million cap hit, but the Blackhawks are not signing Kane to become their long-term foundation. They are asking him to provide credibility, offensive support and leadership during the next stage of their rebuild.
Jet Greaves’ Contract Gives Columbus Stability in Goal
The Blue Jackets also completed a significant piece of business by signing Greaves before his scheduled arbitration hearing.
Greaves went 26-19-9 with a 2.60 goals-against average, a .908 save percentage and two shutouts across 55 appearances last season. The three-year contract gives Columbus cost certainty while rewarding a goalie who has developed from an undrafted free agent into an important part of the organization.
From a roster-building perspective, the $5 million average annual value represents a reasonable middle ground. Columbus did not have to commit to a massive long-term contract, while Greaves receives the security that comes with a multi-year agreement.
The signing also reduces uncertainty around a Blue Jackets team attempting to return to the playoffs. Reliable goaltending does not guarantee postseason qualification, but an unsettled crease can quickly derail an otherwise promising roster.
Key NHL News numbers:
- Patrick Kane: 57 points in 67 games last season
- Jet Greaves: 26 wins and a .908 save percentage
- Adam Fantilli: 59 points in 82 games
NHL Rumors Continue Around Adam Fantilli and the Remaining RFAs
With Greaves signed, attention in Columbus now shifts toward Fantilli and Cole Sillinger.
Fantilli remains eligible to sign an offer sheet because he did not file for salary arbitration. The 21-year-old centre produced 24 goals and 59 points last season and has already accumulated 140 points through his first 213 NHL games. No offer sheet has been confirmed, but his age, production and premium position make him the most compelling unsigned restricted free agent on the market.
Columbus would have the right to match any signed offer sheet. However, an aggressive contract from another organization could force the Blue Jackets to make a faster and more expensive decision than originally planned.
The league’s arbitration calendar also remains active. Fifteen players initially filed for arbitration, although several, including Greaves and Jason Robertson, have since signed. Florida Panthers goaltender Akira Schmid and Blue Jackets forward Cole Sillinger remain among the players whose contract situations require attention, with hearings scheduled through August 1.
Eeli Tolvanen is another name worth following in NHL rumors. The former Seattle Kraken winger remains unsigned after recording 36 points in 78 games. He may not be a first-line scorer, but his shot, physical play and middle-six experience should appeal to teams seeking affordable secondary offence.
Earlier Patrick Kane Reports Have Now Been Proven Accurate
Speculation about Kane returning to Chicago intensified earlier in the offseason, particularly after Bedard publicly welcomed the possibility. That report has now moved from rumor to confirmed NHL news.
The signing also gives Kane the opportunity to finish his career where it began. Whether he completes both years of the contract remains to be seen, but the full no-move clause ensures he controls any future decision.
From my perspective, this is the rare reunion that benefits both sides. Kane receives a meaningful role and a chance to add to his Chicago legacy, while the Blackhawks gain an established offensive player without sacrificing prospects or draft capital.
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The post NHL News Today: Patrick Kane Returns to Chicago as Blue Jackets Lock Up Jet Greaves appeared first on NHL Trade Rumors.
