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Judging success and failure in NHL free agency just hours after the market opened can be tricky, looking into the future to predict which moves will pan out — or not.
Looking back at the slew of signings on Wednesday, it seems relatively easy to identify at least one winner and a loser.
The Columbus Blue Jackets made the biggest splash, stunning the league by landing Johnny Gaudreau with a seven-year contract for $68.25 million.
Gaudreau, a first-team, all-NHL player last season rendered Calgary a loser when he informed the Flames on the eve of free agency that he was not signing their eight-year offer to stay.
Columbus added a 28-year-old, six-time All-Star in his prime. The diminutive and dynamic wing had career highs last season with 40 goals and 115 points, giving him 210 goals and 609 points in 602 games for the Flames.
The Blue Jackets instantly boosted their shot of making the playoffs, after not doing so the last two years, and improved their chances of advancing in the playoffs for just the second time since the franchise joined the league in 2000.
Calgary, meanwhile, will have to make some significant signings or trades to possibly make up for the loss of Gaudreau. If the Flames swing and miss this summer, they might be reminded of how bad it was before Gaudreau arrived, when they missed five straight postseasons.
Here's a look at some teams that seemed to win, and lose, on the opening day of NHL free agency:
CAROLINA HURRICANES
The Hurricanes made a pair of power moves that should help the two-time defending division champions keep pace with Eastern Conference powers.
Carolina acquired 2017 Norris Trophy winner Brent Burns in a trade with San Jose and veteran winger Max Pacioretty in another trade, taking advantage of Vegas scrambling to manage its salary cap.
VEGAS GOLDEN KNIGHTS
After failing to make the playoffs for the first time in its five NHL seasons, Vegas had to unload a player it couldn't afford to keep.
Pacioretty had 97 goals and 97 assists over four seasons with the Golden Knights, who will have a hard time replacing his production with a tight budget.
DETROIT RED WINGS
Steve Yzerman apparently ran out of patience. The Hall of Famer and former Red Wings captain ditched his plan to focus on drafting and developing players with a series of moves that may make the once-proud franchise relevant again.
Detroit signed center Andrew Copp to a $28.1 million, five-year contract, defenseman Ben Chiarot to a $19 million, four-year agreement, and a pair of wings to two-year deals: David Perron for $9.5 million and Dominik Kubalik for $5 million.
TORONTO MAPLE LEAFS
After a sixth straight first-round exit in the playoffs, Toronto lost its No. 1 goaltender, Jack Campbell, in free agency when he signed a $25 million, five-year contract with Edmonton.
The Maple Leafs simply don't seem as sound in net. They gave goalie Ilya Samsonov a one-year deal to join Matt Murray, acquired from Ottawa just days earlier, and are counting on players who gave up three-plus goals a game last season.
WASHINGTON CAPITALS
Shooting to keep Alex Ovechkin's championship window open as he nears his 37th birthday, Washington signed Stanley Cup-winning goaltender Darcy Kuemper to a five-year contract worth $26.25 million.
Kuemper had a career-best 37 wins in the regular season and won 10 playoff games for Colorado. He will be backed up by 28-year-old Charlie Lindgren, who signed a $3.3 million, three-year deal.
PHILADELPHIA FLYERS
Sitting out of the postseason for two straight years, for the first time since a four-year drought in the early 1990s, did not seem to inspire much change in Philadelphia.
With a chance to add much-needed talent, the most significant signing the Flyers made when free agency opened was giving forward Nicolas Deslauriers a four-year deal for $1.75 million per season. In 81 games last season in Anaheim and Minnesota, he had eight goals and five assists. The 31-year-old Deslauriers has never scored more than 10 goals.
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AP Hockey Writers Stephen Whyno and John Wawrow contributed to this report.
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Follow Larry Lage at https://twitter.com/larrylage