The Ottawa Senators signed free-agent forward David Perron to a two-year contract worth $4 million per season, the team announced Monday.

The 36-year-old registered 17 goals and 30 assists for the Detroit Red Wings last year. Those numbers marked a slight dip from the 24 goals and 32 assists he posted in 2022-23.

Ottawa also announced Monday that it inked forward Michael Amadio to a three-year deal with a $2.6-million cap hit.

Amadio, 28, tallied 14 goals and 27 points in 73 games with the Vegas Golden Knights last season. He won the Stanley Cup with the team in 2023.

Perron and Amadio join an Ottawa squad desperate to get back into contention amid a seven-year playoff drought. The Senators made a free-agency splash with Claude Giroux two summers ago to complement a young core, but the move has yet to result in a postseason berth.

Perron, a Stanley Cup champion with the St. Louis Blues in 2019, has also spent time with the Edmonton Oilers, Pittsburgh Penguins, Anaheim Ducks, and Vegas Golden Knights. He's tallied 310 goals, 458 assists, and 825 penalty minutes over 1,131 career games.

Ottawa has been busy early in the offseason, also picking up goaltender Linus Ullmark in a trade with the Boston Bruins before free agency began.

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The Los Angeles Kings signed forward Warren Foegele to a three-year contract that carries a $3.5-million cap hit and defenseman Joel Edmundson to a four-year pact with a $3.85-million average annual value.

Foegele spent the last three campaigns with the Edmonton Oilers and scored a career-high 20 goals in 2022-23. The Oilers picked him up in a trade with the Carolina Hurricanes in July 2021 and signed him for $2.75 million per year.

Edmundson featured with the Washington Capitals and Toronto Maple Leafs last season. He tallied six points in 53 games and played in all seven of Toronto's playoff contests.

The Kings ranked 16th out of 32 teams in goals last season but at times struggled to generate goals with the bottom half of their forward group. The Kings also jettisoned Pierre-Luc Dubois in a trade to begin the offseason, taking 16 goals out of their lineup.

Foegele, who bounced around the Oilers' lines, gives Los Angeles another scoring option on the wing. He's scored at least 10 goals every season since his first full campaign with the Carolina Hurricanes in 2018-19.

Despite making the playoffs in each of the past three campaigns, the Kings haven't advanced beyond the first round since winning the Stanley Cup in 2014.

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The Calgary Flames signed forward Yegor Sharangovich to a five-year contract extension worth $5.75 million per season, his agent announced Monday.

Calgary also inked free-agent winger Anthony Mantha to a one-year, $3.5-million deal, the team confirmed.

Sharangovich is coming off a 31-goal season for the Flames, leading the club in scoring after coming over in a trade with the New Jersey Devils last summer. Sharangovich, who also tallied 28 assists, had one year left on the two-year, $6.2-million deal he signed with the Flames as a restricted free agent upon his arrival.

Mantha will join the Flames after finishing the 2023-24 campaign with the Vegas Golden Knights. The 29-year-old potted only three goals across 18 regular-season games and three postseason contests for Vegas after coming over from the Washington Capitals at the trade deadline. He had 20 goals over 56 games for the Caps.

Mantha, a 2013 first-round pick, was once considered a long-term building block for the Detroit Red Wings. However, the team dealt him to Washington in April 2021, months after he signed a four-year contract.

Calgary also signed fourth-line forward Ryan Lomberg from the Florida Panthers for two years with a $2-million annual cap hit. He scored five goals and averaged 9:32 of ice time last season.

Defenseman Jake Bean inked a two-year deal with Calgary with a $1.75-million cap hit. He scored four goals and 13 points in 72 games with the Columbus Blue Jackets this past campaign. He wasn't issued a qualifying offer on Sunday, making him an unrestricted free agent.

The Flames missed the playoffs in 2023-24 for the second consecutive year.

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The Toronto Maple Leafs and free-agent defenseman Oliver Ekman-Larsson agreed to a four-year deal with a $3.5-million annual cap hit, according to Sportsnet's Elliotte Friedman.

Ekman-Larsson marks the second major acquisition on the blue line for the Leafs, who signed Chris Tanev to a six-year contract after acquiring his rights from the Dallas Stars before free agency.

Ekman-Larsson is coming off a one-year stint with the Florida Panthers. He registered nine goals and 32 points in the regular season and chipped in with six points in the playoffs while helping Florida win the Stanley Cup.

The 32-year-old Swede enjoyed a resurgence with the Panthers following a disappointing two seasons in Vancouver that ended with the Canucks buying out his contract.

Ekman-Larsson began his career with the Arizona Coyotes, where he was a mainstay from 2010-21 and made two All-Star teams.

The Leafs' defense core now features Morgan Rielly, Jake McCabe, Ekman-Larsson, Tanev, and Timothy Liljegren in the top five spots.

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The NHL and NHL Players' Association have engaged in preliminary discussions about increasing the regular season to 84 games and modifying the league's calendar, according to TSN's Pierre LeBrun.

Two more contests would be tacked onto the regular-season schedule, which has been set at 82 games since 1995-96. The NHL played 84-game campaigns in 1992-93 and 1993-94 before slashing two outings.

No changes would be implemented before the existing collective bargaining agreement expires in September 2026.

The two sides have also discussed adjusting the calendar by trimming the preseason to four games per team, opening the regular season earlier in October, and handing out the Stanley Cup earlier in June.

In 2023-24, the regular season began Oct. 10, while the playoffs wrapped up June 24 as the Florida Panthers defeated the Edmonton Oilers in Game 7 of the Stanley Cup Final.

The NHL reportedly mulled the possibility of an 84-game schedule back in 2022 to create more regional rivalry matchups.

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The Dallas Cowboys are the most valuable professional sports franchise in 2020, worth an estimated $5.5 billion, according to the annual list published by Forbes.

The New York Yankees are the only other team worth at least $5 billion, while the New York Knicks remain the most valuable NBA club despite their continued struggles on the court.

10 most valuable sports teams

The most valuable NHL team is the New York Rangers, who sit 70th overall with an estimated worth of $1.65 billion.

The NFL houses 27 of the top 50 franchises on the list.

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