Winners
Ottawa - This was the Pierre Dorion redemption arc. In one fell swoop, he completely changed the direction of the Sens and actually made them a relevant threat after seemingly years of being in a tailspin. I have to wonder if this was Dorion showing what he can do without Melnyk around or just a fluke. Nevertheless, it's nice seeing another Canadian team climbing the mountain.
Edmonton - A sleeper hit. Bringing in Campbell was telegraphed a mile away but being able to convince Kane to stick around, especially at the contract he inked, is incredible for them. They have some young talent coming up and finally have a top six worthy of McDavid and Draisaitl's talent.
Columbus - They were fashionably late but what an arrival. After that... questionable Gudbranson deal, sneaking in at the final hour to nab Johnny hockey is phenomenal. Have to be honest, I have no idea why he opted for Columbus but I do love seeing that fanbase get a long deserved win. Y'all have been suffering, and it's good to see the narrative of nobody wanting to play in Ohio changing. I also think Gaudreau will do wonders in bringing out more of Laine.
Honorable Mentions:
Carolina - They essentially added a middle pair defenseman and a 35-40 goal scorer for nothing.
Colorado - Quiet on the impact signings so far but extending Lehkonen, Manson and Nichushkin solidifies their fantastic depth. If Kadri does end up back there, they're posed for another juggernaut season.
Losers
Vegas - I don't think Gretzky's infamous "Mickey Mouse organization" has ever so aptly fit a team before. All the money in the world as a fresh expansion team and they've blown it like a drunken gambler. I suppose that is the theme in Vegas. It just mysteries me how a team can so consistently and comically mess up their cap they're literally giving players away. And not just throwaway fourth liners but the previous Vezina winner and a 40 goal scorer. At the same time, I equally wouldn't be shocked if we here they signed Kadri to so absurd contract because that's just Vegas, baby.
Calgary - Hate to say it, however with the departure of Gaudreau, the Flames are simply done. Losing arguably their best player for nothing is brutal. Such are the dangers of going into the season without them signed. Unfortunately, it may well happen again with Tkachuk who, supposedly, was considering his options if Gaudreau left. I feel for their fanbase given how much the Flames have underachieved over the last few years. I just don't know where they go from here.
Philadelphia - Bit of an odd one. They technically didn't do anything yet missed out on every single one of their targets this free agency. Which may be even worse due to Fletcher's insistence on willing a playoff team into existence on little more than a hope and prayer. After dumping assets on DeAngelo and having so many bloated contracts, they really couldn't afford to be left at the alter.
Honorable Mentions:
New Jersey - Can't say I love Palat's contract. It kind of feels like an immediate desperation move after losing out on Gaudreau. They're in good shape overall but yesterday hurt just a bit.