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More than two months into Major League Baseball’s free agency period, plenty of elite talent remains ‒ though the overall depth available has been significantly hollowed out.

A run on relievers ‒ often the last class of players to come off the board ‒ finally gave way to elite sluggers finding homes, with Kyle Tucker’s stunning deal with the Los Angeles Dodgers leaving infielder Bo Bichette the best player available.

Who’s left on the free agency market? USA TODAY Sports ranks the top remaining free agents and breaks down who’s already signed:

Ages on April 1, 2026:

1. Bo Bichette (28, SS, Blue Jays)

Bichette’s sterling World Series performance on, essentially, one leg spoke to both his grit and significant skill set. Posted a .311/.357/.483 line before getting hurt. And if he’s better suited to second base in the future, consider that he’s hitting the market two years earlier than Marcus Semien, and that worked out OK for Texas.

2. Framber Valdez (32, LHP, Astros)

Not sure if he’ll sniff the Max Fried rent district for lefty starters but it never hurts when you’re literally one of two on the market. Valdez is consistently right around 200 innings, has a championship pedigree and suppresses the home run ball. Not an ideal conclusion to his Houston era, but it’s also easy enough to hand him the ball and set your alarm clock for September.

3. Cody Bellinger (30, OF/1B, Yankees)

Bellinger topped the 150-game mark for the first time since 2019 and had an excellent season his one year in the Bronx – producing 5.1 WAR, hitting 29 homers and playing typically sound defense. Given his health history, there will be some risk wagering on a hale Bellinger for the next five-plus years – but his overall skill set will be difficult to ignore.

4. Zac Gallen (30, RHP, Diamondbacks)

He led the NL in WHIP (0.91) and the majors in fewest hits per nine innings (5.9) in 2022, but regressed to 1.26 and 8.3/8.1 the past two seasons. He was much better once the trade deadline passed, posting a 3.32 ERA in his last 11 starts.

5. Lucas Giolito (31, RHP, Red Sox)

Giolito finally turned the page on a pair of injury-ravaged seasons to make 26 starts and post a 3.41 ERA, enough to comfortably decline his $19 million player option. Giolito completed at least six innings in 15 of his 26 starts, though he missed a playoff outing with elbow soreness.

6. Eugenio Suárez (34, 3B, Mariners)

Forty-nine home runs at age 34: What kind of a price do you put on that? Suarez, a free agent for the first time in his career, is about to find out. Suitors know what they’re getting: Punishing power, a ton of strikeouts, suboptimal defense at third but off the charts on the clubhouse affability index.

7. Chris Bassitt (37, RHP, Blue Jays)

A little high for the reliable righty? Well, consider that there are so few Chris Bassitts out there and this one just completed a three-year, $63 million deal with numbing consistency: 32 starts a year, a 3.89 ERA, nearly six innings per start. He topped that off with a selfless stint in the playoff bullpen, where he gave up one earned run in seven appearances.

8. Max Scherzer (41, RHP, Blue Jays)

He indicated after World Series Game 7 that he hadn’t thrown his final pitch, and he posted often enough in 2025 that the standard one year, $15.5 million deal should still be waiting for him.

9. Justin Verlander (43, RHP, Giants)

Those videos of Verlander and Scherzer playing bridge in the nursing home are gonna be wild 40 or so years from now. For now, though, they’ve got innings in their arms and for Verlander’s sake, hopefully he can find a home that’s both pitcher-friendly but also not totally lacking in run support: His 3.85 ERA resulted in a 4-11 record as he sits on 266 wins.

10. J.T. Realmuto (35, C, Phillies)

What’s the going rate for a highly skilled glue guy these days? Realmuto has been integral to the Phillies’ success in recent years, but he’s now a decade into a career as a big league catcher. His OPS and adjusted OPS sagged to career-worst marks of .700 and 91 last season, even as he caught a major-league high 132 games. Seems likely player and team will find a price agreeable to both.

11. Luis Arráez (28, INF/DH, Padres)

Let the Arráez Rorshach tests begin. Do you see a singles hitter with a league average OPS? Or a magician with elite bat-to-ball skills? A three-time batting champion with three teams? Or a guy who can never justify his lack of slug despite all those one-baggers. Be interesting to see what the market thinks.

12. Nick Martinez (35, RHP, Reds)

More invaluable than his peripherals indicate, Martinez took the ball 82 times over two years in Cincy, including 42 starts, and amassed 6.3 WAR and a steady 3.83 ERA.

13. Jose Quintana (37, LHP, Brewers)

Can we at least spare this man the indignity of nosing around for a job in March?

14. Paul Goldschmidt (38, 1B, Yankees)

Until further notice, he remains a decent right-handed platoon option at first, the Yankees eminently pleased at the 1.2 WAR and clubhouse gravitas he provided.

15. Harrison Bader (31, OF, Phillies)

The man simply seems to get better and more valuable with age. He received $6.25 million from Minnesota last winter, and after a July trade to Philadelphia was perhaps their most valuable player down the stretch.

16. Rhys Hoskins (33, 1B/DH, Brewers)

A bumpy couple of years in Milwaukee, where injuries and the emergence of Andrew Vaughn cut Hoskins out of the fun this past season. He struck out more than once per game as a Brewer but did salvage league-average OPS thanks to his power.

17. Zack Littell (30, RHP, Reds)

Littell completed the transition from swingman to full-fledged starter the past two seasons and this year reached 186 ⅔ innings with Tampa Bay and Cincinnati. Just 130 strikeouts might give suitors pause to believe he can repeat it, but Littell has proven himself as a reliable innings-eater.

18. Seranthony Dominguez (31, RHP, Blue Jays)

Durable and relatively dependable, Dominguez cut his home runs per nine in half this year (1.5 to .7) and landed a high-leverage spot in a playoff bullpen after a trade to Toronto.

19. Tomoyuki Sugano (36, RHP, Orioles)

A tale of three seasons for Sugano, who started strongly, faded badly and then made a mini-comeback to land almost exactly on the definition of ‘quality start’: A 10-10 record and 4.64 ERA. Probably did enough to land another job stateside in 2026.

20. Michael Conforto (33, OF, Dodgers)

Will that beautiful left-handed swing again prove irresistible to a suitor? The Dodgers gambled $17 million that they could turn him into a weapon and he batted .199 and did not make the playoff rosters.

21. Marcell Ozuna (35, DH, Braves)

Last call for the full-time DH? The Braves couldn’t get rid of Ozuna at the trade deadline and now he’ll take his 21 homers to the market. Hit 40 and 39 homers in 2023-24, finishing fourth in NL MVP voting in ’24.

22. Isiah Kiner-Falefa (31, INF, Blue Jays)

Simple though his role may be, there’s simply not many IKFs out there, tasked with catching the ball, running the bases well and possessing the ability to fill in anywhere on the infield.

23. Austin Hays (30, OF, Reds)

Cincy was a solid fit for Hays, who smacked 15 homers in 380 at-bats. Still adept in a right-handed platoon role.

24. Patrick Corbin (36, LHP, Rangers)

Can still eat innings – 155 of ‘em in 2025 – and now with a little less pain, as he shaved his ERA from 5.62 his final year in Washington to 4.40 in Texas.

25. David Robertson (40, RHP, Phillies)

Used to be only Roger Clemens could get away with chilling out for a few months and then hopping aboard a playoff train. Robertson did so to some success in Philly; will he be up for the long haul next spring?

26. Tommy Kahnle (36, RHP, Tigers)

Leaving New York – where he’d posted a 2.38 ERA his past two seasons – was tricky for Kahnle, whose 4.43 ERA was his worst since 2018.

27. Daniel Coulombe (36, LHP, Rangers)

Was better before he got caught up in the Twins fire sale (1.16 ERA in Minnesota, 5.25 in 15 appearances in Texas) but on balance remains one of the most reliable and versatile lefty relief options available.

28. Jakob Junis (33, RHP, Guardians)

All he does is get outs, though the itinerant swingman did see some WHIP inflation (1.230) this past season.

29. Walker Buehler (31, RHP, Phillies)

The arm is too good to give up on, even if the Red Sox had little choice but to do so after posting a 5.45 ERA and 5.89 FIP in 22 starts there. He fared a little better in a two-start look-see with Philadelphia, but he’ll clearly be in a short-term incentive-laden situation in 2025.

30. Jon Gray (34, RHP, Rangers)

His 2025 was a wash, as a fractured wrist in spring training and shoulder neuritis limited him to six appearances.

31. Tyler Anderson (36, LHP, Angels)

Seemed like a quick three years in Anaheim, mercifully, where Anderson posted a good year, not-so-good and a so-so season. He’s coming off the last of those, the biggest bugaboo a career worst 1.8 homers per nine.

32. Miles Mikolas (37, RHP, Cardinals)

A bit of will-he or won’t-he involved with Mikolas, who may retire, though he’s never one to leave any innings on the table. Last year, he ate up 156 ⅓ of them, with a 4.84 ERA.

33. Victor Caratini (32, C, Astros)

A fairly deluxe backup catcher, with a league-average OPS, 12 homers and well-regarded behind the plate.

34. Miguel Andujar (30, INF, Reds)

A nifty revival for the 2018 Rookie of the Year runner-up, as he posted an .822 OPS with the A’s and Reds and positioned himself as a versatile righty platoon bat going forward.

35. Justin Wilson (38, LHP, Red Sox)

About as close to a LOOGY as one can get in this three-batter minimum era, as Wilson tossed 48 1/3 innings in 61 appearances, holding lefties to a .212 average.

36. Mitch Garver (35, C/DH, Mariners)

The bat continues to fade, but Garver did catch 43 games backing up the Big Dumper in Seattle.

37. Scott Barlow (33, RHP, Reds)

A throw-till-you-blow guy and well, Barlow hasn’t blown yet, his 75 appearances always a value to a team needing innings.

38. Martin Perez (34, LHP, White Sox)

Declined the player portion of his mutual option after a flexor strain limited him to 10 starts in 2025.

39. Starling Marte (37, OF, Mets)

His four years of meritorious, if injury-plagued, service in Flushing are over. But Marte should still retain some value as an extra outfielder.

40. Andrew McCutchen (39, OF, Pirates)

He’s not so sure about that open invitation to return to Pittsburgh, but has indicated he’ll run it back one more time, somewhere, in 2026.

41. Brent Suter (36, LHP, Reds)

If only for the post-clinch dance moves. For real, though, Suter never pitched more than 3 ⅔ innings last season but appeared in 1 through 9 at some point. Anytime, anywhere.

Free agent signings, with pre-winter rankings:

1. Kyle Tucker (29, OF, Cubs)

SIGNED: Four years, $240 million with Dodgers, Jan. 15.

3. Alex Bregman (31, 3B, Red Sox)

SIGNED: Five years, $175 million with Cubs, Jan. 10.

5. Pete Alonso (31, 1B/DH, Mets)

SIGNED: Five years, $155 million with Orioles, Dec. 10.

7. Kyle Schwarber (33, DH, Phillies)

SIGNED: Five years, $150 million with Phillies, Dec. 9.

8. Dylan Cease (30, RHP, Padres)

SIGNED: Seven years, $210 million with Blue Jays, Nov. 26.

10. Edwin Diaz (32, RHP, Mets)

SIGNED: Three years, $69 million with Dodgers, Dec. 9.

11. Ranger Suárez (30, LHP, Phillies)

SIGNED: Five years, $130 million with Red Sox, Jan. 14.

12. Josh Naylor (28, 1B, Mariners)

SIGNED: Five years, $92.5 million with Mariners, Nov. 16.

13. Shota Imanaga (30, LHP, Cubs)

SIGNED: Accepted $22.025 million qualifying offer from Cubs, Nov. 18.

15. Trent Grisham (29, OF, Yankees)

SIGNED: Accepted $22.025 million qualifying offer from Yankees, Nov. 18.

18. Merrill Kelly (37, RHP, Rangers)

SIGNED: Two years, $40 million, with Diamondbacks.

19. Ha-Seong Kim (30, SS, Braves)

SIGNED: One year, $20 million with Braves, Dec. 15.

20. Robert Suarez (34, RHP, Padres)

SIGNED: Three years, $45 million with Braves, Dec. 11.

24. Michael King (30, RHP, Padres)

SIGNED: Three years, $75 million with Padres, Dec. 18.

25. Gleyber Torres (29, INF, Tigers)

SIGNED: Accepted $22.025 million qualifying offer from Tigers, Nov. 18.

26. Raisel Iglesias (35, RHP, Braves)

SIGNED: One year, $16 million with Atlanta, Nov. 19.

32. Mike Yastrzemski (35, OF, Royals)

SIGNED: Two years, $23 million with Atlanta, Dec. 10.

33. Devin Williams (31, RHP, Yankees)

SIGNED: Three years, $51 million with Mets, Dec. 1.

34. Emilio Pagán (34, RHP, Reds)

SIGNED: Two years, $20 million with Reds, Dec. 3.

35. Tyler Mahle (31, RHP, Rangers)

SIGNED: One year, $10 million with Giants, Dec. 31.

38. Tyler Rogers (34, RHP, Mets)

SIGNED: Three years, $37 million with Blue Jays, Dec. 12.

39. Jorge Polanco (32, INF, Mariners)

SIGNED: Two years, $40 million with Mets, Dec. 13.

40. Ryan O’Hearn (32, 1B/OF, Padres)

SIGNED: Two years, $29 million with Pirates, Dec. 23.

42. Kyle Finnegan (34, RHP, Tigers)

SIGNED: Two years, $19 million with Tigers, Dec. 9.

45. Brad Keller (30, RHP, Cubs)

SIGNED: Two years, $22 million with Phillies, Dec. 17.

47. Steven Matz (34, LHP, Red Sox)

SIGNED: Two years, $15 million with Rays, Dec. 8.

48. Ryan Helsley (31, RHP, Mets)

SIGNED: Two years, $28 million with Orioles, Nov. 30.

49. Drew Pomeranz (37, LHP, Cubs)

SIGNED: One year, $4 million with Angels, Dec. 16.

50. Michael Lorenzen (34, RHP, Royals)

SIGNED: One year, $8 million with Rockies, Jan. 7.

52. Danny Jansen (30, C, Brewers)

SIGNED: Two years, $14.5 million with Rangers, Dec. 13.

53. Phil Maton (33, RHP, Rangers)

SIGNED: Two years, $14.5 million with Cubs, Nov. 25.

54. Josh Bell (33, 1B/DH, Nationals)

SIGNED: One year, $7 million with Twins, Dec. 15.

56. Caleb Thielbar (39, LHP, Cubs)

SIGNED: One year, $4.5 million with Cubs, Dec. 16.

58. Shawn Armstrong (35, RHP, Rangers)

SIGNED: One year, $5.5 million with Guardians, Dec. 18.

60. Luke Weaver (32, RHP, Yankees)

SIGNED: Two years, $22 million with Mets, Dec. 17.

67. Mike Soroka (28, RHP, Cubs)

SIGNED: One year, $7.5 million with Diamondbacks, Dec. 8.

69. Sean Newcomb (32, LHP, Athletics)

SIGNED: One year, $4.5 million with White Sox, Dec. 23.

This post appeared first on USA TODAY

  • The Texans’ defense ranked among the league’s best during the regular season in yards allowed, points allowed, and takeaways.
  • Players credit their success to a close-knit, ‘college-esque’ camaraderie and the ‘swarm culture’ instilled by head coach DeMeco Ryans.

PITTSBURGH – Will Anderson Jr. had a dream. 

“I said ‘Look, I’m not Martin Luther King,’” Anderson said about his interaction with teammate Sheldon Rankins before the Houston Texans departed for Pittsburgh to face the Steelers in the wild-card round. “But, ‘I had a dream that you had a scoop. But I don’t know what’s going to happen.’ The dream went blank after that.”

Lost to Anderson’s REM cycle was something that played out perfectly for the Texans. In the fourth quarter of their eventual 30-6 thrashing of the Steelers, Anderson Jr. and Rankins combined to sack Aaron Rodgers, who lost the ball (Anderson received credit for the forced fumble). Rankins picked up the pigskin and scampered 33 yards for a touchdown that took a 10-6 game to a 17-6 difference with 11:23 remaining. Houston’s defense wasn’t done scoring – Calen Bullock iced the game, and potentially Rodgers’ career, by picking off a pass and returning it 50 yards for the game’s final score. 

The Texans’ defense, led by head coach DeMeco Ryans and defensive coordinator Matt Burke, has been dominant for an entire season. The Seattle Seahawks are the lone Super Bowl contender with a claim as legitimate as the Texans’ for best defense in the league. Houston finished the regular season first in yards allowed per game (277.2) and then surrendered 175 net yards to the Steelers. They allowed the second-fewest points per game (17.4, while the Seahawks were 17.2). The Texans were third in total takeaways (29) and finished tied for seventh in sacks. No team allowed fewer first downs per game than them (16.2). 

“The biggest thing that we were talking about – like, OK what we did in the regular season, it ain’t going to matter when we get into the playoffs” Anderson said. 

He wanted his teammates to keep the same energy while raising the bar and got just that. According to Next Gen Stats, he and Danielle Hunter combined for 15 pressures. The Texans, as a team, generated a 45.9% pressure rate (17 total times). Rodgers had been pressured a league-low 21.5% of his dropbacks during the regular season. The minus-33.4 expected points added (EPA) is the lowest mark by any playoff defense in the last decade. They haven’t allowed a positive EPA-per-dropback since a Week 2 loss to the Tampa Bay Buccaneers.

“I thought everybody was dialed in,” Anderson, the former Alabama standout, said. “You talking about popping it off, big plays, taking the ball – doing whatever it takes to win the game.” 

With a divisional-round matchup on the road against the New England Patriots on deck, the Texans’ defense has designs on something more than recognition.

“We’re here for it all,” Rankins said. “I won’t sugarcoat or dance around that topic. We’re here for the whole thing. This is just a stepping stone for where we want to go.” 

Texans’ defense being the best ‘for each other’

A 10-year veteran, Rankins would like to think he’s been a part of defenses in which he’s been able to trust the other 10 guys on the field as he has done with the 2025 Texans. But this group takes the cake, he said.

“I also think we have a special, close group,” he said. “I think I’ve been a part of some special groups, but the closeness hasn’t always been to this level. It almost, to a degree – especially with how many younger playmakers we have, it almost has a college-esque feel.” 

The inside jokes and light-hearded ribbing. That not only breeds camaraderie in the locker room, Rankins said, but spills over onto the field. 

“How we play for each other,” he said, “not just with each other.”   

Coaches can use that to their advantage. Because guys know one another so well, communication is easier. 

“Instead of a guy having to shout something, it can be a look, it can be a hand signal, a wink here, a wink there, or just even if it’s getting a guy’s attention, a guy can know exactly what that means and go out there and execute it fast,” Rankins explained. “I think that camaraderie, that togetherness that we have throughout the building, throughout the locker room, definitely spills over. It allows us to just go out there and play for each other, but play fast while doing it.” 

Houston safety Jalen Pitre said having guys who think of themselves as offensive players has made the Texans’ other unit lethal. 

“These are offensive players that play defense,” he said. 

Pitre said they’ll let those outside the locker room determine whether they are the best unit in the NFL. 

“I never really think about that,” he said. “I know we have a talented group. But I never really think about ‘Who is the best?’ and all that stuff. Like, we just show up ready to execute and let the numbers speak for themselves.”

“We take pride in that,” said Rankins, who gave the offense props for controlling the clock and converting third downs to stay on the field against Pittsburgh. 

Any defense would sign up for that type of performance from the other side of the ball, Rankins said. 

“That allows us to really pin our ears back and put pressure on teams,” he said. “Because if our offense is doing that, the pressure is on their offense to match it.”  

Ryans tells his team they can shut any offense down. The confidence flows from the coaching staff to the players, who keep a chip on their shoulder every time they show up for work. 

“That’s our mindset: we’re the best defense,” Bullock said. “So we got to show it and work throughout the week to prove that we’re a great defense. So when we go out there, we got that confidence, nothing can hold us back.” 

Texans surge from 0-3 to earn opponents’ respect

Texans cornerback Kamari Lassiter knew the unit had the potential to dominate based on offseason workouts. 

“Seeing guys doing what they’re doing now,” he said. “Seeing the d-line go hunt. Seeing the (linebackers) do what they do. Communicate, lead, seeing the back end play sticky, play physical, play fast. We knew we had something special.” 

A lot of people counted out the Texans after their 0-3 start, Bullock said. 

“We set a goal. We knew we had the guys,” he said. “We worked every single day to be the best defense.

“We just kept our head down, and we kept pushing.”

When they were 0-3, and Andreson saw how the team kept responding, “everybody rallying together, that’s when I knew what our foundation was.” He tipped his hat to Ryans and “what he’s instilled.” The coach wanted a ‘swarm culture. “

“That’s what’s been built here,” Anderson said.  

It’s something Patriots head coach Mike Vrabel noticed. 

“They’re not only talented,” Vrabel said Wednesday, “but they have a play demeanor that I can appreciate.”

What does that mean? Houston chases the football, Vrabel said. Having two demons on the edge in Anderson and Hunter – both of whom also are effective against the run – also helps.  

“If they get blocked,” Vrabel said, “they don’t stay blocked long.” 

“All the hype is deserving from what I’ve seen,” he said. “We’ve got to be able to stay ahead of the chains. We’ve got a tough task. We’ll have our hands full.”

Patriots center Garrett Bradbury said he sees the San Francisco 49ers and Robert Saleh’s influence on Ryans’ scheme. Houston will dare New England to run the ball. So the Patriots must do so efficiently. That’s a challenge every offensive lineman wants, Bradbury said. 

“I think what you see is who they are,” Bradbury told USA TODAY Sports. “It’s what DeMeco prides that team on. They’re a really good defense.

“They want to rush the passer every single play, and they’re gonna rush the passer on the way to stopping the run.” 

“It’ll be a great matchup,” Bradbury added. “I’m excited for the game.”

This post appeared first on USA TODAY

With the conclusion of the world juniors and the NHL season beyond its halfway point, the 2026 draft is quickly entering the forefront of discussions across the hockey world. 

NHL commissioner Gary Bettman announced this week the draft will be hosted at Buffalo’s KeyBank Center in June, becoming the first arena to host the event in its decentralized format since it was introduced at The Peacock Theater in Los Angeles last year.

The NHL’s Central Scouting department also released its mid-term rankings, headlined by Gavin McKenna, Ivar Stenberg and Keaton Verhoeff, sparking debate among scouts and prospect enthusiasts. Player evaluation for this class is becoming more intriguing with each passing day.

Considering the current NHL standings and the organizational needs of the teams positioned to select in the lottery, let’s look at one of many ways the top 16 picks in the draft could fall next summer.

(Draft order determined by standings, sorted by points percentage, before games on Jan. 15, 2026)

NHL mock draft: Top 16 picks

1. Vancouver Canucks: Frolunda (Sweden) left wing Ivar Stenberg

Stenberg took his game to new heights in the biggest moments of the world juniors. He was just as dangerous as a distributor as he was a finisher, and his ability to break down defenses and make high-end plays under pressure made him one of the tournament’s best players. He scored a game-winning goal in his return to Frolunda, and his historic scoring pace in the Swedish League will make him a top-three pick this summer.

2. Winnipeg Jets: Penn State (NCAA) left wing Gavin McKenna

McKenna’s showing at the world juniors was cause for debate. He finished second in tournament scoring while being a catalyst on the best power play at the event. His play off the puck and his overall compete level still left a lot to be desired, however. He has the tools to be a generational offensive talent, but his spot as the No. 1 pick in this draft is no longer a lock. Winnipeg needs another top-end winger anyway.

3. Calgary Flames: North Dakota (NCAA) defenseman Keaton Verhoeff

With Rasmus Andersson trade rumors intensifying, the Flames could land a long-term replacement in Verhoeff as a right-shot defenseman who can log big minutes and play in all on-ice situations. There wasn’t a ton of opportunity for him at the world juniors to showcase his skills with Team Canada, but a big second half at North Dakota should reinforce his status as the top blueliner in this class.

4. St. Louis Blues: Boston University (NCAA) center Tynan Lawrence

Lawrence suited up for his first three games of college hockey after leaving the USHL’s Muskegon Lumberjacks to join Boston University. He centered the team’s top line alongside two top prospects in the NCAA, Cole Eiserman and Ryder Ritchie. While there’s clearly going to be an adjustment period, his motor, defensive contributions and ability to elevate teammates will translate well and should make for an intriguing push to become the top pick in this draft.

5. New York Rangers: Jukurit (Finland) defenseman Alberts Smits

Smits’ draft stock skyrocketed after his showing at the world juniors. He averaged the second-most ice time in the tournament at 23:40, was responsible for handling every tough matchup Latvia faced, and was the driving force of the team’s offense. The 18-year-old was named to Latvia’s Olympic team, and with another impressive showing, he could be the first defender off the board this summer.

6. Chicago Blackhawks: Windsor (OHL) left wing Ethan Belchetz

At 6-foot-5 and 228 pounds, Belchetz has the frame of an enforcer with the vision and IQ of a playmaker, making him a one-of-a-kind prospect in this class. His biggest concern this season has been his skating and overall pace, but he still feels like a solid top-six forward with a set of tools that teams don’t typically let slide beyond the top five. The Blackhawks could eventually play him with Connor Bedard or Frank Nazar.

7. Anaheim Ducks: Sault Ste. Marie (OHL) defenseman Chase Reid

Reid is a talented athlete who processes offense at a very high level while defending with purpose. There are few players with his tools in this class. There were times when his aggressiveness in driving play at the world juniors worked against him, but he never let mistakes discourage him. His willingness to be a difference-maker with each shift is admirable, and he could help an aging right side of the Ducks’ defense.

8. Columbus Blue Jackets: Djurgarden (Sweden) center Viggo Bjorck

Despite being Sweden’s youngest player at the world juniors, Bjorck was right there with Stenberg as one of the most effective forwards of the tournament. He stood out on the power play and penalty kill, was an aggressive forechecker who won more battles than he lost despite being 5-foot-9 and displayed his crafty playmaking ability with a pace of play that few could match. He proved he has a skill set that can’t be overlooked.

9. Nashville Predators: Tappara (Finland) center Oliver Suvanto

Suvanto feels like a center the Predators wouldn’t pass on at this point in the draft, regardless of where his talents rank among the top forwards in this class. His skating issues were the biggest factor preventing him from creating offense at the world juniors, but there’s still a ton to like about what he could bring to the NHL level with his defensive details, proficiency as a net-front presence and tenacious forechecking.

10. Utah Mammoth: Blainville-Boisbriand (QMJHL) defenseman Xavier Villeneuve

Villeneuve would bring an element of offense to the Mammoth’s defensive core that the team doesn’t have. He’s earned comparisons to Montreal Canadiens defenseman Lane Hutson with his dynamic skating ability, offensive deception and willingness to drive play from the back end. He projects as a high-end power-play quarterback at the NHL level and could put up strong production in a high-octane offensive system like Utah’s.

11. New Jersey Devils: Vancouver (WHL) defenseman Ryan Lin

The Devils could go in a few directions with this selection, considering their issues with preventing and generating offense this season. That said, Lin’s defensive maturity makes it hard to believe he’ll be on the board beyond this point in the draft. As trade rumors involving Dougie Hamilton continue to circulate, there could be some runway for Lin to develop and show off his offensive capabilities in this Devils’ system as well.

12. Ottawa Senators: Forfeited draft pick

The Ottawa Senators must forfeit this year’s draft pick after failing to disclose Evgenii Dadonov’s limited no-trade clause when they moved him to Vegas in 2021, leading to an invalidated trade between the Golden Knights and Anaheim Ducks in 2022. They had to forfeit one first-round pick in either 2024, 2025 or 2026, and they already drafted Carter Yakemchuk and Logan Hensler. If they trade for another first-rounder, they could use a winger.

13. Los Angeles Kings: Prince Albert (WHL) defenseman Daxon Rudolph

It’s no secret that the Kings’ defensive core is aging aside from Brandt Clarke and Mikey Anderson, so taking Rudolph here makes sense. Rudolph has been on an offensive tear as of late, going on a 13-game point streak in which he put up 11 goals and 24 points with the Prince Albert Raiders. That layer of offense could easily make him a top-10 pick on top of what he provides with his smooth skating, size and defensive ability.

14. San Jose Sharks: Peterborough (OHL) left wing Adam Novotny

Novotny had a much better world juniors with Czechia than his three assists would indicate. He led the tournament in total shots and showed some playmaking flashes despite primarily making an impact in his forechecking and penalty-killing. The Sharks already have high-end offensive skill within their system and could use a player of Novotny’s defensive stature to round out what is already one of the top prospect pools in the NHL.

15. Chicago Blackhawks (via Florida): Prince George (WHL) defenseman Carson Carels

Much like Verhoeff, Carels was sheltered in his role with Team Canada, but he’s proven to be trusted in all on-ice situations at the WHL level. He’s great at defending on the rush and can problem-solve effectively when facing oncoming pressure. Offensively, he doesn’t shy away from jumping in the rush and creates chances for himself and others in a way that’s projectable in the NHL.

16. Seattle Kraken: Vancouver Giants (WHL) right wing Mathis Preston

Preston was recently traded to the Vancouver Giants and has fit seamlessly, putting up three points in his first two games. He provides a combination of speed, skill and compete that could have him be a top-six forward in the NHL. With some older players on the wing in Seattle, Preston could fit well within the Kraken’s organizational timeline and would be a great selection in this range.

This post appeared first on USA TODAY

  • Indiana, LSU, and Texas Tech are highlighted for having some of the best transfer classes this cycle.
  • New coaches, like Eric Morris at Oklahoma State, often use the portal to bring in a large number of new players.
  • Key player acquisitions include quarterbacks Josh Hoover to Indiana and Brendan Sorsby to Texas Tech.

Smart teams approach the transfer portal with specific needs and goals, identifying plug-and-play additions who can lift a program from eight wins to the quarterfinals of the College Football Playoff — as was the case with Texas Tech this season.

Or, in the case of Indiana, from the cellar of the Big Ten nearly to the top of the Football Bowl Subdivision.

But there are also cases where new coaches need to use the big-tent approach of grabbing as many new players as they can to rapidly rebuild a roster. The best example of that in this year’s cycle is Oklahoma State and new coach Eric Morris.

Transfers by conference: SEC | Big Ten | ACC | Big 12

The portal is closing Friday night but the fun isn’t quite over yet, as players who entered before the deadline can still sign with a new program and be eligible this season.

While there will be more additions in the coming weeks, here are the best transfer classes to date, starting with the Hoosiers, LSU and Red Raiders:

Indiana

Best transfers: QB Josh Hoover, WR Nick Marsh, OG Joe Brunner

The unbeaten Hoosiers found their next starting quarterback in Hoover (TCU). They found a new top-level receiver in Marsh (Michigan State) and a productive Power Four back in Turbo Richard (Boston College). They’ll rebuild up front behind Brunner (Wisconsin), maybe the best offensive lineman on the market. And to top things off, Indiana added immediate help on the defensive line and an all-conference defensive back in A.J. Harris (Penn State).

LSU

Best transfers: QB Sam Leavitt, S Ty Benefield, WR Jayce Brown

Leavitt (Arizona State) is one of three transfer quarterbacks in this class, along with Husan Longstreet (Southern California) and Landen Clark (Elon). Lane Kiffin also added maybe the portal’s most impactful defensive back in Benefield (Boise State) while rebuilding the Tigers’ receiver corps with Brown (Kansas State), Eugene Wilson (Florida), Winston Watkins (Ole Miss) and Tre’ Brown III (Old Dominion).

Texas Tech

Best transfers: QB Brendan Sorsby, DT Mateen Ibirogba, LB Austin Romaine

One of the top overall players in the portal, Sorsby (Cincinnati) brings Big 12 experience and an NFL-ready skill set to the starting job. Tech added another experienced Big 12 contributor in Romaine (Kansas State), a starter since midway through his freshman year. Ibirogba (Wake Forest) was an all-conference pick in the ACC and one of six linemen set to join the roster, including edge Adam Trick (Maryland) and defensive tackle Bryce Butler (Washington).

Virginia Tech

Best transfers: EDGE Javion Hilson, WR Que’Sean Brown, EDGE Kamauryn Morgan

James Franklin pulled over several players from Penn State, including tight end Luke Reynolds and quarterback Ethan Grunkemeyer. The Hokies were especially productive in adding edge rushers, with Morgan (Baylor) and Hilson (Missouri) joined by a run of ex-Nittany Lions in Cortez Harris, Mylachi Williams and Daniel Jennings.

Texas

Best transfers: WR Cam Coleman, DT Ian Geffrard, RB Hollywood Smothers

This is a smaller transfer class headlined by the type of players who can lift the Longhorns back into the playoff. That includes high-profile newcomers who can support Arch Manning’s development in Coleman (Auburn) and Smothers (North Carolina State). Defensively, Texas added two huge pieces to the front seven in Geffrard (Arkansas) and former All-ACC linebacker Rasheem Biles (Pittsburgh).

Ole Miss

Best transfers: OT Carius Curne, WR Darrell Gill Jr., CB Jay Crawford

Along with Curne (LSU) and Gill (Syracuse), the Rebels’ offense adds quarterback Deuce Knight (Auburn) as the potential new starter. While young, Curne has the frame and athleticism to develop into one of the best in the SEC. Crawford (Auburn) is a proven starter on the outside with room for growth. Running back Kewan Lacy doesn’t count in this group, but retaining him for another year might’ve been the biggest off-field win of the newly minted Pete Golding era.

Penn State

Best transfers: QB Rocco Becht, S Marcus Neal Jr., WR Chase Sowell

Penn State’s 36-player class includes a bunch of big pieces from last year’s offense under Matt Campbell at Iowa State, including Becht, Sowell, running back Carson Hansen, tight end Ben Brahmer and interior lineman Trevor Buhr. Likewise with the defense: Neal, fellow safeties Jeremiah Cooper and Jamison Patton, tackle Ikenna Ezeogu and linebackers Caleb Bacon and Kooper Ebel will help ease the transition to a new staff and make the Nittany Lions a Big Ten contender.

Louisville

Best transfers: S Koen Entringer, TE Brody Foley, WR Tre Richardson

Louisville and coach Jeff Brohm continue to do excellent work in the portal. Entringer (Iowa) is a huge get for a defense that really needs his experience and proven production; he considered the NFL draft before joining the Cardinals. The offense added quarterback Lincoln Kienholz (Ohio State) and one of the cycle’s strongest collections of pass-catchers, including Foley (Tulsa), Richardson (Vanderbilt) and Lawayne McCoy (Florida State).

Kentucky

Best transfers: QB Kenny Minchey, OT Lance Heard, S Jordan Castell

Kentucky and new coach Will Stein have made some noise. Minchey (Notre Dame) was briefly committed to Nebraska before being flipped to the Wildcats. Castell (Florida) is a veteran SEC starter who can help with the development of a young but talented transfer haul at linebacker. Where the Wildcats have excelled is in overhauling the offensive line with Heard (Tennessee) and guards Tegra Tshabola (Ohio State) and Coleton Price (Baylor). Stein also remade the backfield by bringing in CJ Baxter (Texas) and Jovantae Barnes (Oklahoma).

Oklahoma State

Best transfers: QB Drew Mestemaker, LB Isaiah Chisom, RB Caleb Hawkins

Like Campbell at Penn State, Morris brought in a huge chunk of his key players from North Texas, led by Mestemaker, Hawkins and wide receiver Wyatt Young. These pieces will lead to a huge improvement from this season’s putrid offense. The defense will feature an influx of Power Four transfers such as Chisom (UCLA), Louisville lineman Jerry Lawson, linebacker Tate Romney (Arizona State) and cornerback Trudell Berry (Vanderbilt).

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The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday.

The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market.

It’s one of the largest retail collapses since the Covid pandemic, and casts further doubt over the future of luxury fashion.

The retailer, which also owns Bergdorf Goodman, said early Wednesday its stores would remain open for now after it finalized a $1.75 billion financing package and appointed a new CEO.

The court process is meant to give the luxury retailer room to negotiate a debt restructuring with creditors or sell itself to a new owner to stave off liquidation. Failing that, the company may be forced to shutter.

Former Neiman Marcus CEO Geoffroy van Raemdonck will replace Richard Baker, who was the architect of the acquisition strategy that left Saks Global saddled with debt.

The company also appointed former Neiman Marcus executives Darcy Penick and Lana Todorovich as chief commercial officer and chief of global brand partnerships at Saks Global, respectively.

Saks Fifth Avenue, the retail arm of Saks Global, listed $1 billion to $10 billion in assets and liabilities, according to court documents filed in U.S. Bankruptcy Court in Houston.

A retailer long loved by the rich and famous, from Gary Cooper to Grace Kelly, Saks fell on hard times after the pandemic, as competition from online outlets rose, and brands started more frequently selling items through their own stores.

The original Saks Fifth Avenue store, known for displaying the likes of Chanel, Cucinelli and Burberry, was opened by retail pioneer Andrew Saks in 1867.

The new financing deal would provide an immediate cash infusion of $1 billion through ‌a loan from an investor group, Saks Global said.

A host of luxury brands were among the unsecured creditors, led by Chanel and Gucci owner Kering at about $136 million and $60 million respectively, the court filing said. The world’s biggest luxury conglomerate, LVMH, was listed as an unsecured creditor at $26 million. In total, Saks Global estimated there were between 10,001 and 25,000 creditors.

In 2024, Baker had masterminded the takeover of Neiman Marcus by Canada’s Hudson’s Bay Co, which had owned Saks since 2013, and later spun off the U.S. luxury assets to create Saks Global, bringing together three names that have defined American high fashion for more than a century.

The deal was designed to create a luxury powerhouse, but it saddled Saks Global with debt at a time when global luxury sales were slowing, complicating an already difficult turnaround for CEO and veteran executive Marc Metrick.

Saks Global struggled last year to pay vendors, who began withholding inventory, disrupting the company’s supply chain and leaving it with insufficient stock.

The thinly stocked shelves may have driven shoppers away to rivals like Bloomingdale’s, which posted strong sales in 2025, compounding pressure on Saks Global.

“Rich people are still buying,” Morningstar analyst David Swartz said last month, “just not so much at Saks.”

Running out of cash, Saks Global last month sold the real estate of the Neiman Marcus Beverly Hills flagship store for an undisclosed amount. It had also been looking to sell a minority stake in exclusive department store Bergdorf Goodman to help cut debt.

On Dec. 30, it failed to make an interest payment of more than $100 million to bondholders.

This post appeared first on NBC NEWS

Mario Innecco, who runs the maneco64 YouTube channel, shares his thoughts on the record runs in gold and silver, outlining what these high prices say about the world.

‘This is I think the end of this fiat currency regime,’ he said.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Wednesday (January 14) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$97,611.39, up by 3.3 percent over 24 hours.

Bitcoin price performance, January 14, 2025.

Chart via TradingView.

Ether (ETH) was priced at US$3,380.29, up by 5.5 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$2.15, up by 0.6 percent over 24 hours.
  • Solana (SOL) was trading at US$147.38, up by 2.7 percent over 24 hours.

Today’s crypto news to know

Senate Committee puts crypto bill on January clock

The US Senate Committee on Agriculture has scheduled January 27 for its markup of a sweeping crypto market structure bill aimed at clarifying regulatory oversight of digital assets.

The bill text is due to be released on January 21, giving lawmakers less than a week to review and propose amendments before the committee vote. Committee Chair John Boozman said the compressed schedule is designed to balance transparency with momentum as Congress looks to reduce regulatory uncertainty.

The agriculture committee plays a central role because it oversees the Commodity Futures Trading Commission, which would gain expanded authority under the proposal.

If approved, the bill would still need to clear the Senate Banking Committee, pass the full Senate and House and ultimately be signed into law. While momentum has improved compared to last year, unresolved disputes remain around stablecoin yield and decentralized finance provisions.

Polygon to acquire Coinme, Sequence for ‘one-stop shop’ payments

Polygon Labs has entered into definitive agreements to acquire Coinme and Sequence, bringing together licensed fiat on- and off-ramps, enterprise wallets and onchain orchestration in one integrated solution.

Coinme provides licensed cash-to-digital at retail locations, while Sequence has the simplified ‘smart wallet’ technology needed to move that money easily. By acquiring these two companies, Polygon believes it is building a “one-stop shop” for moving money, allowing users to turn physical cash into digital money, and vice versa, at over 50,000 retail locations in the US; they can also create a digital wallet using an email or social media account.

In addition to that, Polygon said the acquisition will allow crypto users to send money across the world in seconds, without the need for complicated background steps.

Figure launches OPEN, a blockchain-based stock exchange network

Figure Technology Solutions (NASDAQ:FIGR) has launched a new system called the On-Chain Public Equity Network (OPEN), providing a new way for companies to list and trade shares using blockchain technology.

According to the announcement, OPEN is a new system where official stock ownership is recorded directly on a public blockchain, meaning the blockchain record is the stock, unlike a digital copy. It allows continuous, peer-to-peer trading via a limit order book, eliminating reliance on traditional banks and clearinghouses that close.

Investors can self-custody their stocks in a digital wallet, which aims to reduce fees and costs.

The network also allows shareholders to use their stocks as collateral for borrowing or lending, a role typically held by prime brokers. Figure said it is planning for these blockchain stocks to be ‘exchangeable’ with Nasdaq-traded stocks, ensuring price parity and liquidity across both markets.

Figure is the first company to use OPEN, and is offering some of its own shares to demonstrate the technology’s viability for large-scale public investing.

CleanSpark expands into AI data centers with Texas acquisition

CleanSpark (NASDAQ:CLSK), a company primarily known for Bitcoin mining, announced an expansion to build data centers for artificial intelligence (AI) with the purchase of 447 acres of land in Brazoria County, Texas.

This is its second major land purchase in the area following a similar deal nearby in Austin County.

The company has secured a long-term deal to get up to 600 megawatts of electricity for this new site, enough power to run hundreds of thousands of homes.

While the company is known for mining Bitcoin, it is now using its expertise in building large “computer warehouses” to support the AI boom. These new sites are being designed as AI factories, places filled with powerful computers that process the complex data needed for things like ChatGPT and other advanced tech.

The deal is expected to close in early 2026. Once finished, CleanSpark will have nearly 1 gigawatt of potential capacity in the Houston area, making it a major player in the infrastructure that runs the modern internet.

Strategy’s US$1.3 billion Bitcoin haul lifts price

Bitcoin climbed back above US$95,000 after Michael Saylor’s Strategy (NASDAQ:MSTR) disclosed a US$1.3 billion Bitcoin purchase, its largest single acquisition since July.

The purchase pushed Strategy’s shares up about 7 percent, reinforcing its reputation as a high-beta proxy for Bitcoin. The company now holds roughly US$66 billion worth of Bitcoin at an average purchase price near US$75,000.

Strategy funded the purchase by issuing more than US$1 billion in new shares rather than tapping existing cash.

The rally was reinforced by a surge in institutional demand, with US-listed spot Bitcoin exchange-traded funds recording their strongest single-day inflows since October.

European crypto exchange Bitpanda targets 2026 Frankfurt IPO

European crypto exchange Bitpanda is reportedly preparing for an initial public offering (IPO) in the first half of 2026, with a potential valuation of up to 5 billion euros.

Bloomberg reported that the Vienna-based firm is said to be eyeing a Frankfurt listing, positioning itself in one of Europe’s deepest capital markets. Founded in 2014, Bitpanda has grown into a major retail platform with more than 7 million users and a dominant share of Austria’s domestic crypto trading activity.

The company has reportedly engaged major investment banks to advise on the deal, though it has yet to formally confirm its IPO plans. A Frankfurt listing would align Bitpanda with a broader trend of European firms prioritizing liquidity and investor depth over traditional UK venues

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Osisko Metals Incorporated (the ‘Company’ or ‘Osisko Metals’) (TSX: OM,OTC:OMZNF; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec.

New analytical results are presented below (see Table 1), including 35 mineralized intercepts from ten new drill holes. Infill intercepts are located inside the 2024 MRE model (see November 14, 2024 news release), and are focused on upgrading inferred mineral resources to measured or indicated categories, as applicable. Expansion intercepts are located outside the 2024 MRE model and may potentially lead to additional resources that will be classified appropriately within the next MRE update. Some of the reported intercepts have contiguous shallower infill as well as deeper expansion (noted on Table 1 below as ‘Both’). Maps showing hole locations are available at www.osiskometals.com.

Highlights:

  • Drill hole 30-1144
    • 748.0 metres averaging 0.27% Cu (0.37% CuEq – infill and expansion)
  • Drill hole 30-1146
    • 729.0 metres averaging 0.21% Cu (0.29% CuEq – infill and expansion)
  • Drill hole 30-1142
    • 585.0 metres averaging 0.24% Cu (0.31% CuEq – infill and expansion)
    • 245.0 metres averaging 0.55% Cu (0.70% CuEq – expansion)
  • Drill hole 30-1143 (Southern Extension)
    • 163.5 metres averaging 0.47% Cu (0.50% CuEq – expansion)
  • Drill hole 30-1141
    • 171.5 metres averaging 0.42% Cu (0.46% CuEq – infill)
  • Drill hole 30-0881 (historical re-assay)
    • 62.5 metres averaging 0.29% Cu (0.38% CuEq – expansion)
    • 421.8 metres averaging 0.28% Cu (0.39% CuEq – expansion)
  • Drill hole 30-1135
    • 201.0 metres averaging 0.20% Cu (0.31% CuEq – expansion)

Table 1: Infill and Expansion Drilling Results

DDH No. From (m) To (m) Length (m) Cu % Ag g/t Mo % CuEq* % Type**
30-881 13.7 76.2 62.5 0.29 2.20 0.020 0.38 Expansion
And 546.7 592.1 45.4 0.20 1.67 <0.005 0.21 Expansion
And 622.7 1044.5 421.8 0.28 1.24 0.026 0.39 Expansion
30-1132 304.8 320.1 15.3 0.66 2.52 0.016 0.73 Expansion
And 640.5 694.5 54.0 0.28 1.87 0.005 0.31 Expansion
And 735.0 783.4 48.4 0.32 1.91 0.011 0.37 Expansion
30-1135 7.0 33.0 26.0 0.31 1.54 <0.005 0.32 Infill
And 148.5 201.0 52.5 0.19 1.56 <0.005 0.20 Infill
And 231.0 296.5 65.5 0.28 2.43 0.005 0.31 Infill
And 329.9 495 165.1 0.28 2.17 0.051 0.48 Infill
And 528.0 729.0 201.0 0.20 1.59 0.026 0.31 Expansion
30-1137 113.0 166.5 53.5 0.19 1.82 <0.005 0.21 Infill
And 311.4 345.8 34.4 0.27 2.51 0.007 0.31 Expansion
And 424.9 449.5 24.6 0.16 1.34 0.021 0.24 Infill
And 496.5 585.4 88.9 0.33 2.27 0.015 0.40 Expansion
And 726.2 851.4 125.2 0.20 1.25 0.009 0.23 Expansion
30-1141 94.0 265.5 171.5 0.42 3.12 0.007 0.46 Infill
And 507.0 535.5 28.5 0.18 2.09 <0.005 0.19 Infill
30-1142 75.0 660.0 585.0 0.24 0.96 0.017 0.31 Both
(including) 75.0 576.5 501.5 0.26 0.99 0.017 0.32 Infill
(including) 576.5 660.0 83.5 0.12 0.83 0.018 0.19 Expansion
And 761.5 1006.5 245.0 0.55 2.25 0.035 0.70 Expansion
30-1143 21.0 184.5 163.5 0.47 3.41 <0.005 0.50 Expansion
And 265.5 313.5 48.0 0.67 6.15 <0.005 0.71 Expansion
And 490.5 517.5 27.0 0.37 3.63 <0.005 0.39 Expansion
30-1144 22.0 62.0 40.0 0.23 1.70 <0.005 0.24 Infill
And 227.0 975.0 748.0 0.27 1.84 0.023 0.37 Both
(including) 227.0 789.4 562.4 0.27 1.74 0.018 0.34 Infill
(including) 789.4 975.0 185.6 0.29 2.15 0.039 0.44 Expansion
30-1145 16.0 52.1 36.1 0.14 1.75 <0.005 0.15 Infill
And 151.5 208.6 57.1 0.23 2.40 <0.005 0.25 Infill
And 257.3 285.0 27.7 0.13 1.50 <0.005 0.15 Infill
And 334.5 374.0 39.5 0.24 1.95 0.007 0.28 Infill
And 415.3 462.5 47.2 0.18 1.47 0.009 0.23 Infill
And 477.7 627.0 149.3 0.15 1.11 0.016 0.22 Expansion
And 717.7 770.0 52.3 0.18 1.24 0.024 0.28 Expansion
30-1146 12.0 204.0 192.0 0.31 2.36 <0.005 0.32 Infill
And 264.0 399.0 135.0 0.13 1.02 0.014 0.19 Infill
And 423.0 1152.0 729.0 0.21 1.48 0.019 0.29 Both
(including) 423.0 713.5 290.5 0.21 1.37 0.018 0.28 Infill
(including) 713.5 1152.0 438.5 0.21 1.55 0.020 0.29 Expansion
                 

* See explanatory notes below on copper equivalent values and Quality Assurance/Quality Controls.
** ‘Both’ indicates drill holes that have contiguous shallower infill as well as deeper expansion intercepts.

Discussion

Drill hole 30-0881, located on the western margin of the Copper Mountain pit, was a historical hole that was re-analyzed from available core to include sections that had not been previously assayed. New results added three new significant mineralized intervals (expansion) including 62.5 metres averaging 0.29% Cu, 2.20 g/t Ag and 0.020% Mo, followed by 45.4 metres averaging 0.20% Cu and 1.67 g/t Ag and an additional 421.8 metres averaging 0.28% Cu, 1.24 g/t Ag and 0.026% Mo. The last portion of 144.4 metres of the latter intersection confirmed previously reported results, and this historical hole will now constitute a depth expansion in the upcoming MRE update.

Drill holes 30-1132 and 30-1137, located near the eastern margin of the 2024 MRE model, cut multiple intersections of mineralization, 15 to 125 metres thick and distributed in ‘layer cake’ fashion from surface, including 125.2 metres averaging 0.20% Cu, 1.25 g/t Ag and 0.009% Mo (expansion in 30-1137), extending mineralization in this area to vertical depths of 783 and 851 metres, respectively.

Drill hole 30-1135, located in the south-central portion of the 2024 MRE model, cut multiple intersections of mineralization, 26 to 201 metres thick and distributed in ‘layer cake’ fashion from surface, including a deeper intersection of 201.0 metres averaging 0.20% Cu, 1.59 g/t Ag and 0.026% Mo (expansion), extending mineralization in this area to a vertical depth of 729 metres.

Drill hole 30-1141, located on top of Copper Mountain near the centre of the 2024 MRE model and inclined 61 degrees to the north, cut 171.5 metres averaging 0.42% Cu and 3.12 g/t Ag (infill) as well as multiple short 10 to 28 metre intersections to a depth of 695 metres.

Drill hole 30-1142, located near the southwestern lip of the Copper Mountain open pit, cut one mineralized interval of 585.0 metres averaging 0.24% Cu, 0.96 g/t Ag and 0.017% Mo (infill and expansion), followed by 245.0 metres averaging 0.55% Cu, 2.25 g/t Ag and 0.035% Mo (expansion). This hole confirmed mineralization in this area to a vertical depth of 1006 metres.

Drill hole 30-1143, located 50 metres south of the southern margin of the 2024 MRE model in the Southern Extension Zone, cut 163.5 metres averaging 0.47% Cu and 3.41 g/t Ag followed by 48.0 metres averaging 0.67% Cu and 6.15 g/t Ag, once again confirming the higher copper and silver grades of mineralization in this zone.

Drill hole 30-1144, located on the western flank of Copper Mountain and inclined 67 degrees to the north, cut two mineralized intervals including 40.0 metres averaging 0.23% Cu and 1.70 g/t Ag (infill) followed by 748.0 metres averaging 0.27% Cu, 1.84 g/t Ag and 0.023% Mo (infill and expansion), extending mineralization in this area to a vertical depth of 895 metres.

Drill hole 30-1145, located between holes 30-1135 and 30-1137, cut five intersections of mineralization, 28 to 57 metres thick and distributed in ‘layer cake’ fashion from surface to a depth of 462 metres (all infill), followed by 149.3 metres averaging 0.15% Cu, 1.11 g/t Ag and 0.016% Mo (expansion) and 52.3 metres averaging 0.18% Cu, 1.24 g/t Ag and 0.024% Mo (expansion), extending mineralization in this area to a vertical depth of 770 metres.

Drill hole 30-1146, located on top of Copper Mountain near the centre of the 2024 MRE, cut 192.0 metres averaging 0.31% Cu and 2.36 g/t Ag (infill) followed by 135.0 metres averaging 0.13% Cu, 1.02 g/t Ag and 0.014% Mo (infill) and then 729.0 metres averaging 0.21% Cu, 1.48 g/t Ag and 0.019% Mo (infill and expansion), extending mineralization in this area to a vertical depth of 1152 metres.

Mineralization at Gaspé Copper is of porphyry copper/skarn type and occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite and minor bornite and molybdenite. One prograde and at least five retrograde vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier, bedding replacement skarn and porcellanite-hosted mineralization throughout the Gaspé Copper system. Porcellanite is a historical mining term used to describe bleached, pale green to white potassic-altered hornfels. Subvertical stockwork mineralization dominates at Copper Mountain whereas prograde bedding-parallel mineralization, which is mostly stratigraphically controlled, dominates in the area of lower Copper Mountain, Needle Mountain, Needle East, and Copper Brook. High molybdenum grades (up to 0.5% Mo) were locally obtained in both the C Zone and E Zone skarns away from Copper Mountain.

The 2022 to 2024 Osisko Metals drill programs were focused on defining open-pit resources within the Copper Mountain stockwork mineralization (see May 6, 2024 MRE press release). Extending the resource model south of Copper Mountain into the poorly-drilled prograde skarn/porcellanite portion of the system subsequently led to a significantly increased resource, mostly in the Inferred category (see November 14, 2024 MRE press release).

The current drill program is designed to convert the November 2024 MRE to Measured and Indicated categories, as well as test the expansion of the system deeper into the stratigraphy and laterally to the south and southwest towards Needle East and Needle Mountain respectively. The November 2024 MRE was limited at depth to the base of the L1 skarn horizon (C Zone), and all mineralized intersections below this horizon represent potential depth extensions to the deposit, to be included in the next scheduled MRE update in Q1 2026.

Most holes are being drilled sub-vertically into the altered calcareous stratigraphy that dips 20 to 25 degrees to the north. The L1 (C Zone) the L2 (E Zone) skarn/marble horizons were intersected in most holes, as well as intervening porcellanites that host the bulk of the disseminated copper mineralization.

Table 2: Drill hole locations

DDH No. Azimuth (°) Dip (°) Length (m) UTM E UTM N Elevation
30-0881 91.9 -86.0 1044.5 315110 5426797 599.2
30-1132 0.0 -90.0 783.4 316403 5426390 667.5
30-1135 0.0 -90.0 846.0 316218 5425935 618.6
30-1137 0.0 -90.0 930.0 316498 5426089 652.6
30-1141 1.0 -61.0 843.0 316151 5426415 742.6
30-1142 0.0 -90.0 1011.0 315401 5426545 584.2
30-1143 0.0 -90.0 714.0 316585 5425554 560.9
30-1144 0.0 -67.0 975.0 315811 5426423 658.5
30-1145 0.0 -90.0 948.0 316465 5426040 656.8
30-1146 0.0 -90.0 1173.0 316000 5426300 741.6
             

Explanatory note regarding copper-equivalent grades

Copper Equivalent grades are expressed for purposes of simplicity and are calculated taking into account: 1) metal grades; 2) estimated long-term prices of metals: US$4.25/lb copper, $20.00/lb molybdenum, and US$24/oz silver; 3) estimated recoveries of 92%, 70%, and 70% for Cu, Mo, and Ag respectively; and 4) net smelter return value of metals as percentage of the price, estimated at 86.5%, 90.7%, and 75.0% for Cu, Mo, and Ag respectively.

Qualified Person

The scientific and technical content of this news release has been reviewed and approved by Mr. Bernard-Olivier Martel, P. Geo. (OGQ 492), an independent ‘qualified person’ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’).

Quality Assurance / Quality Control

Mineralized intervals reported herein are calculated using an average 0.12% CuEq lower cut-off over contiguous 20-metre intersections (shorter intervals as the case may be at the upper and lower limits of reported intervals). Intervals of 10 metres or less are not reported unless indicating significantly higher grades. True widths are estimated at 90 – 92% of the reported core length intervals.

Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses, including insertion of blanks and standards in the sample stream. Drill core is drilled in HQ or NQ diameter and securely transported to its core processing facility on site, where it is logged, cut and sampled. Samples selected for assay are sealed and shipped to ALS Canada Ltd.’s preparation facility in Sudbury. Sample preparation details (code PREP-31DH) are available on the ALS Canada website. Pulps are analyzed at the ALS Canada Ltd. facility in North Vancouver, BC. All samples are analyzed by four acid digestion followed by both ICP-AES and ICP-MS for Cu, Mo and Ag.

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québecs Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of 824 Mt averaging 0.34% CuEq and Inferred Mineral Resources of 670 Mt averaging 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper’. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canadas largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’. The Pine Point project is located on the south shore of Great Slave Lake, NWT, close to infrastructure, with paved road access, an electrical substation and 100 kilometres of viable haul roads.

For further information on this news release, visit www.osiskometals.com or contact:

Don Njegovan, President
Email: info@osiskometals.com
Phone: (416) 500-4129

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the tax treatment of the FT Units; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; the ability to advance Gaspé Copper to a construction decision (if at all); the ability to increase the Company’s trading liquidity and enhance its capital markets presence; the potential re-rating of the Company; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of mining equipment and positive relations with local communities and groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals’ issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Photos accompanying this announcement are available at 
https://www.globenewswire.com/NewsRoom/AttachmentNg/704df619-458e-4636-a360-a7c147b0444c
https://www.globenewswire.com/NewsRoom/AttachmentNg/e312e542-f64b-4ee5-a179-e0cd809917ed

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Lead prices were volatile in 2025 amid investor uncertainty and factors like tariff threats.

The base metal is primarily consumed by lead-acid batteries, but is also used to produce radiation shielding, weights and, in the defense sector, ammunition. More recently it’s seen increased demand from the electric vehicle (EV) sector as a low-voltage auxiliary power source for lighting, windows and other essential systems.

Because lead isn’t usually mined as a primary metal, its supply is tied to other metals like zinc, silver and copper, making the lead price highly dependent on demand for these other metals — and by extension, fairly volatile.

How did lead perform in 2025?

Continuous contracts for lead on the London Metal Exchange (LME) started 2025 at US$1,921.44 per metric ton (MT) and saw steady upward momentum in Q1, rising as high as US$2,090.48 on March 18.

According to Shanghai Metals Market, lead’s early 2025 rise was supported by the end of the Chinese New Year holiday, as well as increased activity in the supply chain, which led to a limited increase in demand for lead ingot purchases. This activity coincided with destocking of lead inventories in western markets, which further fueled the price.

Lead continued to trade above US$2,000 for the remainder of March, but the start of April saw its price floor fall out — the metal hit its 2025 low of US$1,829.75 on April 9 amid a broader rout in commodities markets. This came after US President Donald Trump’s “Liberation Day” tariff announcement on April 2.

LME lead price, 2025.

Chart via the LME.

Shanghai Metals Market notes that the tariff announcement came during the traditional off season for lead, with battery producers reducing production and weakening overall demand for the metal.

However, the lead price had rebounded as of the end of April, with rising demand driving down inventories in downstream industries. By the end of Q2, lead was once again trading above US$1,900.

Trade concerns remained present, and although lead ultimately wasn’t included in reciprocal tariffs, considerable uncertainty dampened sentiment during the metal’s normally peak August-to-September period.

During the year’s third quarter, a significant 45,150 MT delivery to LME warehouses in November pushed total volume to 266,125 MT, leading to a collapse in the lead price amid oversupply concerns.

Lead stabilized in the US$1,930 to US$2,050 range as the year drew to a close, spiking to US$2,078.84 on November 12 and to US$1,910.48 on December 12.

What trends will move the lead market in 2026?

According to the International Lead and Zinc Study Group (ILZSG), global demand for refined lead is expected to increase by 0.9 percent to 13.37 million MT in 2026 after rising 1.8 percent in 2025.

In an October report, the organization projects a 6.6 percent rise in US lead demand for 2025, driven by higher domestic battery production. The ILZSG is also expecting greater 2025 lead usage in the Czech Republic, Germany, Poland and the UK, with a 1.8 percent gain in demand across the European Union.

However, a rise in Chinese demand in the first half of 2025, supported by a government trade-in policy for cars and e-bikes, was offset by lower exports of lead-acid batteries, which fueled demand growth of just 0.9 percent.

Many of these same factors are expected to carry over into 2026, with gains in Europe, Vietnam and the US expected to be offset by a forecast 1.7 percent decrease in Chinese demand.

On the supply side, mining output is expected to increase 2.2 percent to 4.67 million MT in 2026, with a 2.5 percent rise from Chinese operations, along with further gains from Europe and output recoveries in Australia and the US.

Refined supply is forecast to increase by 1 percent to 13.47 million MT over the next year, with gains from smelters in Brazil, India and Kazakhstan partially offset by lower production in China and the UK.

Overall, the ILZSG is expecting the lead surplus to grow to 102,000 MT in 2026.

Lead price forecast for 2026

According to a report from market intelligence firm Mordor Intelligence, lead-acid batteries are set to see increasing demand from data centers and 5G applications, where they are used as back-up power systems. The firm is calling for a 0.4 percent compound annual growth rate (CAGR) over the next two to four years.

In terms of EV sector demand, Mordor sees a 0.3 percent CAGR over the next two years as low-speed EVs like rickshaws and golf carts gain greater uptake in emerging markets in Southeast Asia.

Lead’s supply side could be affected by changing dynamics in the silver market.

In a December 12 article, Fastmarkets notes that a high silver price is prompting producers to accelerate project development timelines, pointing to Silver Mountain Resources’ (TSXV:AGMR,OTCQB:AGMRF) Reliquias project, which is expected to enter commercial production in Q3 2026.

As far as 2026 goes, Fastmarkets is expecting balance in the refined lead metal market, with little supply growth and the price rangebound at around the US$2,000 mark.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

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