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2021 NHL Free Agency Odds & Betting Props

Defenseman Dougie Hamilton headlines the 2021 crop of NHL unrestricted free agents.

With the Stanley Cup playoffs in the books, teams around the league are looking toward the expansion draft for the incoming Seattle Kraken, the NHL entry draft and NHL free agency – where the window to sign restricted and unrestricted free agents opens up on July 28.

This year’s crop of unrestricted free agents (UFAs) is filled with intrigue for a number of reasons. There’s no shortage of high-end talent looking for a big payday and a new home, headlined by defenseman Dougie Hamilton, forwards David Krejci, Phillip Danault and Taylor Hall and, of course, all-time great scorer Alex Ovechkin.

Will Alex Ovechkin leave Washington?

The short answer here is no. Ovechkin has played his entire storied career with the Capitals and is such a staple of that city and organization that we don’t foresee any scenario where they let him go. 

Is Ovie worth $10 million per year at this point in his career? No. But he brings so much to the team in terms of marketing and endorsements that the Caps will likely gladly pay him whatever it takes to keep him around. 

Ovechkin’s pursuit of Wayne Gretzky’s all-time goal-scoring record is a marketing department’s dream. You aren’t making any money at -850 odds, but he’s not going anywhere.

Where will Dougie Hamilton land?

There will be plenty of teams vying for the services of the 28-year-old Hamilton. He has scored 40 or more points in six of his last seven seasons (that includes two abbreviated campaigns) and was tied for fifth in scoring among d-men this season with 42 points in 55 games. 

Hamilton is no slouch at the other end of the ice either as he has posted a 98 per cent WAR (wins over replacement) on average over the last three seasons, according to TopDownHockey. He also had the fifth-ranked individual expected goals for percentage (ixG) among defensemen at even strength this season.

Hamilton is a logical fit on just about any team in the league, and normally a player like him would go to the highest bidder. But this situation is unique as it appears Carolina is looking to do a sign-and-trade with another team, meaning the highest bidder will be the team that can impress the Hurricanes the most with a trade package, not necessarily the team that can offer Hamilton the most money.

Philadelphia (+175) and Seattle (+225) are great choices as teams that could be looking to make a big splash.

The Flyers had such a disappointing season that there are reports of a potential major shakeup there, while Seattle will surely be looking to enter the league not only with a headline-grabber, but a stable pillar for their franchise.

Seattle is also said to be an analytically inclined organization and likely covets Hamilton as much or more than any team for that reason.

Betting Hamilton to land in Winnipeg is also a great long-shot bet at +700.

Other Best Bets

A couple other props we would like to sprinkle some cash on are Gabriel Landeskog to stay in Colorado (-330), Tyson Barrie to Winnipeg (+325) and Zach Hyman to Edmonton (+250).

We don’t see much chance of the Avalanche letting their captain go, and the odds aren’t so outrageous that you can’t make a little bit of profit on that prop.

We think Winnipeg will be pursuing some defensive help this offseason, and whether it’s Hamilton or Barrie, why not hedge a bit and throw a little down on both.

Hyman looks like he’s on his way out of Toronto as his asking price will simply be too high for the Leafs. He is exactly the kind of player Oilers GM Ken Holland would like to play alongside Connor McDavid or Leon Draisaitl for the next few years. 

After being bought out by the Wild, there are already whispers of Zach Parise landing with his old coach Barry Trotz and the New York Islanders. That is a great bet at +150. Betting on Parise’s longtime friend and teammate Ryan Suter to join him on Long Island isn’t a bad option either at +225.

To get hockey fans even more involved in the offseason action, online sportsbook Bovada has released a bunch of prop specials on the likeliest destinations for the biggest free agents on the board as well as some props on which teams will spend the most and where the money will go.

For more NHL betting content, keep an eye on our NHL page. To find the sportsbook that’s right for you to get some money down on the ice, our Best NHL Sites article is here to help.

Here’s a look at a few of the props on the board:

Where Will Alex Ovechkin Play Game 1 Of The 2021-22 NHL Season?
Washington Capitals-850
Any other NHL team+450
Where Will David Krejci Play Game 1 Of The 2021-22 NHL Season?
Boston Bruins-260
Seattle Kraken+325
Nashville Predators+450
Montreal Canadiens+500
Where Will Dougie Hamilton Play Game 1 Of The 2021-22 NHL Season?
Philadelphia Flyers+175
Seattle Kraken+225
Carolina Hurricanes+300
Chicago Blackhawks+600
Winnipeg Jets+700
Columbus Blue Jackets+750
Where Will Frederik Andersen Play Game 1 Of The 2021-22 NHL Season?
Pittsburgh Penguins+175
Toronto Maple Leafs+190
Boston Bruins+350
Washington Capitals+375
Nashville Predators+500
Where Will Gabriel Landeskog Play Game 1 Of The 2021-22 NHL Season?
Colorado Avalanche-330
Seattle Kraken+285
LA Kings+800
Anaheim Ducks+800
Boston Bruins+1600
Where Will Phillip Danault Play Game 1 Of The 2021-22 NHL Season?
Montreal Canadiens-200
Edmonton Oilers+550
Toronto Maple Leafs+550
Ottawa Senators+600
Minnesota Wild+950
Columbus Blue Jackets+950
Calgary Flames+950
Where Will Taylor Hall Play Game 1 Of The 2021-22 NHL Season?
Boston BruinsEVEN
New York Islanders+225
Edmonton Oilers+300
Calgary Flames+300
New Jersey Devils+900
Where Will Tyson Barrie Play Game 1 Of The 2021-22 NHL Season?
Edmonton Oilers+150
Chicago Blackhawks+190
Winnipeg Jets+325
Philadelphia Flyers+333
Columbus Blue Jackets+950
Where Will Zach Hyman Play Game 1 Of The 2021-22 NHL Season?
Toronto Maple Leafs-125
Edmonton Oilers+250
New York Rangers+500
Chicago Blackhawks+550
Ottawa Senators+600
Where Will Marc-Andre Fleury Play Game 1 Of The 2021-22 NHL Season?
Vegas Golden Knights-500
Any other NHL team+300
Where Will Blake Coleman Play Game 1 Of The 2021-22 NHL Season?
Dallas Stars+150
Toronto Maple Leafs+200
New Jersey Devils+350
Edmonton Oilers+500
Where Will David Savard Play Game 1 Of The 2021-22 NHL Season?
New York Rangers+200
Boston Bruins+200
Tampa Bay Lightning+225
Seattle Kraken+500
Chicago Blackhawks+500
Where Will Robin Lehner Play Game 1 Of The 2021-22 NHL Season?
Vegas Golden Knights-200
Any other NHL team+150
Where Will Ryan Suter Play Game 1 Of The 2021-22 NHL Season?
New York Rangers+200
New Jersey Devils+200
New York Islanders+225
Colorado Avalanche+500
Toronto Maple Leafs+500
Where Will Tuukka Rask Play Game 1 Of The 2021-22 NHL Season?
Boston Bruins-165
New Jersey Devils+450
Toronto Maple Leafs+500
Edmonton Oilers+500
New York Islanders+500
Where Will Zach Parise Play Game 1 Of The 2021-22 NHL Season?
New York Islanders+150
New Jersey Devils+200
Toronto Maple Leafs+225
Columbus Blue Jackets+500
Nashville Predators+500

Largest Contract signed on july 28
OVER 52 million USD-120
UNDER 52 million USD-120

Odds as of June 29 at Bovada

player to receive largest contract in free agency
Dougie Hamilton+150
Gabriel Landeskog+150
Alex Ovechkin+175
Philipp Grubauer+950
Taylor Hall+950
Tyson Barrie+1800

Odds as of June 29 at Bovada

team to spend most on july 28
Colorado AvalancheEVEN
Seattle Kraken+333
Boston Bruins+350
Carolina Hurricanes+500
Detroit Red Wings+950
Columbus Blue Jackets+950
New York Rangers+950

Odds as of June 29 at Bovada

total spent by all teams combined in Free Agency
OVER 294 million USD-120
UNDER 294 million USD-120

Odds as of June 29 at Bovada