July 1st has come and gone, and so have a number of free agents as the movement has now quieted down. With that in mind, let’s take a closer look at some of the winners and losers of free agency, along with how it will factor in the 2011-12 NHL futures. 

Nashville PredatorsNashville Predators: Loser

+2500 

Head coach Barry Trotz milked the most that he could out of his mediocre roster, and that led to the Nashville Predators winning their first ever playoff series in the 2011 playoffs. But instead of building on that success and supporting the current cast with even more talent, the Preds did the opposite and downsized. 

Joel Ward, who was a key cog in the playoffs, left on the first day of free agency. As did veterans Steve Sullivan and Marcel Goc. The Preds also (allegedly) forgot to tender tender qualifying offers to six restricted free agents – Sergei Kostitsyn, Cal O'Reilly, Nick Spaling, Matt Halischuk, Chris Mueller, Andreas Thuresson and Linus Klasen – which could turn them into unrestricted free agents.

For a franchise that reached new highs in 2011, they have quickly found new lows, which will ensure a step back in 2012. 

Phoenix Coyotes: Loser

+3500 

Ilya Bryzgalov had been the backbone of the Coyotes over the last two seasons and he turned out to be too rich for their blood. They traded him away to the Philadelphia Flyers, who signed him to a long term contract. 

Bryzgalov started 136 games for the Coyotes over the last two seasons while winning 78 of them. His cumulative GAA with the Coyotes was a sparkling 2.54. 

The Coyotes decided to replace him with Mike Smith, which is a big step down in quality. Considering Bryzgalov was the team MVP last year and was the key to virtually all of their success, they likely won’t even be close to the playoffs now that they’ve weakened the strongest part of their team. 

Dallas Stars: Loser

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Dallas Stars NHLThe Dallas Stars were in the news quite a bit on July 1st, but that was merely because their star center and best player Brad Richards was debating where he would sign his next contract. 

Ownership problems have clearly hampered this team but their decision to hold on to Richards and the trade deadline burned them badly. They faded down the stretch of the season, missed the playoffs and then watched their prize walk away in free agency without receiving anything in return. 

The Stars didn’t open up the checkbook to sign a slew of C-level talent, which includes the likes of Sheldon Souray, Vernon Fiddler, Michael Ryder, Radek Dvoark, Brad Lukowich and Adam Pardy. 

They look like a team that’s about to get very cozy in the basement of the Western Conference. 

Columbus Blue Jackets: Winner

+6000 

The Columbus Blue Jackets have been searching for a top-line center for nearly as long as the franchise has been in existence, and they finally found their man. As the Philadelphia Flyers were backed into a corner because of salary cap restrictions, the Blue Jackets were more than happy to take Jeff Carter off of their hands. They will receive an elite player while giving up little off of their current roster. 

The Blue Jackets also signed a quality offensive defenseman in James Wisnieski, although at six years and $33 million, they did overpay him. 

Nonetheless, the Blue Jackets now find themselves with a foundation: Rick Nash, Carter, Wisniewski and Steve Mason in net. They can finally build a team around that core and quite possibly make the playoffs next season.

Los Angeles Kings: Winner

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According to Bodog, the Kings have the best 2nd shot at reaching the 2012 Stanley Cup Finals out of all of the NHL's Western Conferences teams, behind the Sharks.

The Los Angeles Kings also served as trade partners with the Flyers and they too ended up with the best player in their blockbuster deal: Mike Richards.

The Kings picked up the Flyers captain, who is going to be a key anchor on their frontlines. As we have come to find out about the Kings, the only thing keeping them from being a Stanley Cup contender is scoring, and Richards should give that area of their team a boost. 

They also signed Simon Gagne for seven million over two years, which should provide another top-six forward into the mix. 

The Kings also got a freebie when Ryan Smyth requested a trade to Edmonton and the Oilers actually made a move to acquire him. The Kings won’t miss his $6.25 million cap hit next season. 

San Jose Sharks: Winner

+1200 

San Jose SharksSan Jose shocked the NHL betting lines by making it so deep into the NHL Playoffs this year, only to fall to the Vancouver Canucks in the Western Conference Finals. Contrary to popular belief, the Sharks in fact improved themselves this offseason and lead Bodogs Future NHL Odds for the West at 12/1 to win the Stanley Cup.

To the surprise of many, Dany Heatley was shipped off to the Minnesota Wild for Martin Havlat, but the Sharks end up gaining on two fronts. For starts, Heatley is no longer the 50-goal scorer he once was and he has made an even smaller impact come playoff time (15 goals in 66 career postseason games). He also costs an annual fee of $2.5 million more than Martin Havlat. 

Havlat was stuck in Minnesota without any playmakers, and while he’s no longer the All-Star caliber scorer he once was either, he’s likely to see an improvement playing with more skill and less pressure in San Jose. Also, Havlat has 28 points in 26 career playoff games. 

The Sharks also had to trade away Devin Setoguchi this offseason, but they picked up a top-of-the-line defenseman in Brent Burns. As we all know, premier defenseman like this don’t grow on trees but the Sharks have more than enough scoring to get by. 

Throw in a good penalty killer and a decent center in Michal Handzus, as well as a good physical defenseman in Jim Vandermeer and the Sharks have had a very productive offseason.