Instead of having an All-Star Game this season, the NHL and NHLPA are staging the 4 Nations Face-Off, which will run from Feb. 12 through Feb. 20. This is a round-robin tournament that will feature four national teams — Canada, Finland, Sweden and the United States — with NHL players from those nations filling the rosters.
The top two teams in the standings after round-robin play will compete in the championship game on Feb. 20. The points system for the round robin will include three points for a regulation win, two points for a win in overtime/shootout, one point for a loss in overtime/shootout and zero points for a regulation loss.
The overtime format for round-robin games is 3-on-3 sudden death for a 10-minute period, followed by a shootout. In the championship game, the overtime format is full-strength sudden death in successive 20-minute periods until one team scores.
Read on for full coverage of the event, including rosters, team previews, schedule and broadcast information from the opening round games all the way through the championship matchup.
Keys to winning the gold medal: Canada has arguably the most explosive crop of top-tier skaters in this tournament, and that talent has to be working for them in every period. Connor McDavid, Nathan MacKinnon, Cale Makar, Sam Reinhart, Brayden Point … and on down the list. Coach Jon Cooper can mix and match up front with some of the best offensive threats in the world, and that will be Canada’s weapon at 5-on-5 and the power play.
Scoring should be Canada’s superpower, and depending on how Cooper disperses ice time among the savvy veterans — looking at you, Sidney Crosby — and those under-the-radar finds — Travis Konecny as a 30-goal scorer on the fourth line (?) — Canada will be a nightmare to contain when they have the puck. That alone could carry them to a championship-worthy performance.
X factor: It’s the goaltending. How exactly is Canada going to fare between the pipes? Jordan Binnington appears to be their No. 1 (at least in the early goings) with Adin Hill as his backup. So, no Logan Thompson? Who has the second-best save percentage among NHL starters this season?
All credit to Hill and the fine season he’s had in Vegas, but Canada’s netminding could leave them feeling exposed (Sam Montembeault is the country’s projected third-stringer). And a swell of uncertainty — if it were to come — can seep into the defense, too. Canada’s depth on the back end wasn’t this tournament’s best to begin with, and it took a hit when Alex Pietrangelo — a veteran with championship experience — bowed out due to injury. If goalie confidence becomes shaky, does that also rattle Canada defensively? Mental toughness will be an element in all this as well. — Kristen Shilton
Keys to winning the gold medal: It’s not that Finland doesn’t have players who can score. But a hallmark of Finnish forwards who’ve come to the NHL is that many of them are consistent two-way players. How much does that factor in a tournament in which teams such as Canada and the United States are expected to have large chunks of possession?
Receiving those two-way contributions from forwards — such as two-time Selke Trophy winner Aleksander Barkov, Sebastian Aho, Mikko Rantanen and Roope Hintz — could prove even more crucial.
X factor: How they manage without Miro Heiskanen. Losing Heiskanen was significant beyond the fact that he’s one of the NHL’s premier defensemen. Heiskanen can do everything — from logging heavy 5-on-5 minutes to running a power play to anchoring a penalty kill to making life difficult for an opposing top line.
Figuring out how they can make up for his absence could be the difference in playing in the championship game or finishing in a less desirable place. — Ryan S. Clark
Keys to winning the gold medal: Sweden’s back end should be its backbone. Led by the incomparable Victor Hedman, the Swedish defense could be the tournament’s best, and that bodes well for their prospects. The Swedes’ blue line has a strong mix of talent with players who can provide offense — Hedman and Rasmus Dahlin, especially — with Gustav Forsling, Mattias Ekholm and Jonas Brodin locking things down behind them. Add Erik Karlsson’s general ability to that mix and no matter how you slice it, there’s something special for Sweden to tap.
If the forwards can complement a strong defensive game with consistent scoring, then the Swedes might have the right recipe for success.
X factor: Can Sweden overcome potentially losing both the goalies originally named to their roster? And, if the goaltending situation is impacted, will Sweden get the offensive performances it needs to outlast countries like the USA and Canada? Projected starter Jacob Markstrom was already replaced by Samuel Ersson; Linus Ullmark has been battling injury for much of this season.
That doesn’t speak to a possibly dominant showing in the crease. Leaving that aside though, can Sweden squeeze enough from their top-six forward group — with the likes of William Nylander and Filip Forberg leading the way — to keep pace with the aforementioned juggernauts? It might come down to will over thrill for this Swedish team to be victorious. — Shilton
Keys to winning the gold medal: Do they want to play fast? Do they want to be physical? Do they want to constantly apply pressure? Do they want to create lines that can score? Do they want lines that make two-way play a priority? Or do they want all of the above?
Asking this many questions about the U.S. speaks to how many directions the tactics can go, with a roster that is arguably the most talented in the tournament, top to bottom. The notion that there appears to be several identities the U.S. could have makes this roster adaptable to every situation. That could prove useful in their bid to win gold.
X factor: The defensive pairings. Let’s recap. Adam Fox is a Norris Trophy winner. Charlie McAvoy and Jaccob Slavin have finished in the top 10 in Norris voting on multiple occasions. Zach Werenski and his point-per-game average is factoring into this season’ Norris discussion. Noah Hanifin‘s athleticism and length makes finding time and space a problem, while Brock Faber was already a legitimate No. 1 option as a rookie last season. Late addition Jake Sanderson has been a driving force in getting the Senators back into the playoff picture.
And yet? One of them will be the U.S.’s seventh defenseman up in the press box. Which combinations would make the most sense for the U.S.? And can those pairings help lead the nation to a first-place finish in the build-up to the 2026 Olympics? — Clark
Betting picks
If nothing else, the Finnish defense and Canadian goaltending certainly suggest that a team of All-Star-caliber forwards on both sides of the puck can drive scoring to a total greater than 5.5. These forward lines are so stacked on each of these teams, how can we not go in expecting goal-scoring showcases?
Not that many of the players involved will be the same, but the last four Olympics with NHLers had all four of these nations averaging close to four goals per game each. The 2016 World Cup of Hockey, which was much more condensed and NHL-roster heavy, had a total of 7.88 goals per game from both sides across all games.
These aren’t apples-to-apples comparisons, but when you distill the skill on rosters to the point that some fourth lines look like top scoring lines on some NHL teams, we anticipate lots of goals.
Give me the over on any game that doesn’t involve Connor Hellebuyck and the United States team defense. — Allen
ESPN baseball reporter. Covered the L.A. Rams for ESPN from 2016 to 2018 and the L.A. Angels for MLB.com from 2012 to 2016.
Future Hall of Fame first baseman Albert Pujols met with Los Angeles Angels general manager Perry Minasian in St. Louis about the team’s managerial vacancy Thursday night, a source familiar with the process told ESPN on Friday, confirming an initial report by The Athletic.
A formal offer has not been made, sources cautioned, though Pujols has been considered a top candidate since the Angels declined the 2026 option on manager Ron Washington’s contract last week.
Pujols, 45, has expressed strong interest in managing at the big league level for years and led a Dominican winter ball team, the Leones del Escogido, to a championship in January. Pujols was previously named manager for his native Dominican Republic in next year’s World Baseball Classic, though he would likely rescind that role if he lands a big league job this offseason.
The Angels are one of six teams looking for new managers. Other clubs have inquired about Pujols, though the Angels are the only team he has formally met about managing thus far, according to a source.
Pujols signed a 10-year, $240 million contract with the Angels in December 2011 that included a 10-year, $10 million personal-services contract that kicked in after he retired. What becomes of that deal would likely be part of any financial negotiations that would inevitably take place with the Angels.
Pujols has been a special guest instructor at Angels spring training each of the past three years and is considered a prime candidate by both Minasian, who held him in high regard even after releasing him in May 2021, and Angels owner Arte Moreno.
One of the greatest players of the 2000s, Pujols won three MVPs and two World Series championships in a 22-year career that included 703 home runs, 2,218 RBIs and 3,384 hits. His best years came in St. Louis, but the Angels could give him his first shot to manage.
Dan Wetzel is a senior writer focused on investigative reporting, news analysis and feature storytelling.
Oct 10, 2025, 02:44 PM ET
The Big Ten is closing in on voting on a capital agreement that will infuse league schools with more than $2 billion, industry sources told ESPN.
There’s been momentum within recent days for the deal to push forward, and the structure of the complicated agreement is coming together. A vote is expected in the near future, per sources.
The framework calls for the formation of a new entity, Big Ten Enterprises, which would hold all leaguewide media rights and sponsorship contracts.
Shares of ownership in Big Ten Enterprises would fall to the league’s 18 schools, the conference office and the capital group — an investment fund that’s tied to the University of California pension system. Yahoo Sports first reported the involvement of the UC investment fund.
The pension fund is not a private equity firm, and the UC fund valuation proved to be higher than other competing bids. This has been attractive to the Big Ten and its schools, according to sources.
A source familiar with the deal said there’s been momentum in recent days, but the league is still working with leadership to make a final decision.
The exact equity amounts per school in Big Ten Enterprises is still being negotiated. There is expected to be a small gap in equity percentage between the biggest brands and others, however it is likely to be less than a percentage point.
ESPN reported last week that a tiered structure is expected in the initial allocation of the $2 billion-plus in capital, with larger brands receiving more money. Each school, however, would receive a payout in at least the nine-figure range, sources said.
The deal would call for an extension of the league’s Grant of Rights through 2046, providing long-term stability and making further expansion and any chance league schools leave for the formation of a so-called “Super League” unlikely.
Traditional conference functions are expected to remain with the conference. Any decision-making within Big Ten Enterprises would be controlled by the conference. The UC pension fund would receive a 10% stake in Big Ten Enterprises and hold typical minority investor rights but no direct control.
The money infusion is acutely needed at a number of Big Ten schools that are struggling with debt service on new construction, rising operational expenses and providing additional scholarships and direct revenue ($20.5 million this year and expected to rise annually) to athletes.
The Big Ten has argued that the deal would alleviate financial strain and help middle- and lower-tier Big Ten schools compete in football against the SEC.
ESPN first reported last week that the league was in detailed conversations about the deal.
Big Ten Enterprises would be tasked with not just handling the league’s valuable media rights (the current seven-year, $7 billion package runs through 2030) but trying to maximize sponsorship and advertising deals leaguewide such as jersey patches or on-field logos.
“Think of it this way — the conference is not selling a piece of the conference,” a league source told ESPN last week. “Traditional conference functions would remain 100 percent with the conference office — scheduling, officiating and championships. The new entity being created would focus on business development, and it would include an outside investor with a small financial stake.”
The deal has not been without detractors, with both Michigan and Ohio State — the league’s two wealthiest athletic programs — expressing skepticism initially, per sources. Each school has been hit with significant lobbying not just from the league office but also other conference members to come to an agreement.
Cantwell followed up Friday by sending a letter to each Big Ten president warning that any deal involving private equity could invite review, including impacting the schools’ tax-exempt status.