The Florida Panthers have made a savvy move by signing veteran defenseman Jeff Petry to a one-year contract. The deal, worth the league minimum of $775,000 with potential performance bonuses, brings a wealth of experience and leadership to the two-time Stanley Cup champions.

Petry, 37, is a seasoned NHL player with 15 seasons under his belt, having skated in 981 career games. He most recently played for the Detroit Red Wings, where he recorded eight points (one goal, seven assists) in 44 games during the 2024-25 season. While his offensive numbers may not be what they once were, Petry's value lies in his ability to move the puck, contribute on both the power play and penalty kill, and provide a steady presence on the blue line.

"Jeff is a skilled, puck-moving defenseman who can contribute quality veteran leadership to our lineup," said Panthers President of Hockey Operations & General Manager Bill Zito. "We are excited that he will join us to supplement our exciting core".

While Petry's recent statistics might not jump off the page, it's important to consider the context. He was limited by an undisclosed injury last season that required surgery, causing him to miss 31 games. His CorsiFor percentage at even strength was the lowest among Red Wings defensemen, and his Expected Goals Creation was also the lowest on the team. However, these numbers could improve simply by being on a better team with less responsibility.

The Panthers are retaining almost every member of their Stanley Cup-winning team from the past season, with the exception of Jaycob Megna. Petry is expected to slot in as the team's seventh defenseman, providing depth and experience. He will be the third right-handed defenseman on the roster, behind Seth Jones and Aaron Ekblad, and could be used to balance out the handedness on the blue line.

For the Panthers, this signing is a low-risk, high-reward proposition. They are getting a veteran defenseman at a bargain price who can provide valuable leadership and experience to their already strong defensive corps. If Petry can stay healthy and regain some of his past form, he could be a significant contributor to the team's quest for a three-peat. Even if he simply provides solid depth and a calming presence in the locker room, the signing will be considered a success.

Petry's journey to the Panthers is a testament to his resilience and determination. Drafted by the Edmonton Oilers in the second round (45th overall) of the 2006 NHL Entry Draft, he has also played for the Montreal Canadiens. He has represented the United States in several international tournaments, including the IIHF World Championship, where he won a bronze medal in 2013. Now, he has the opportunity to add a Stanley Cup to his resume with the Panthers.