Cap League Goalie Rankings – November 2025
Alexander MacLean
2025-11-26
The drop offs in the rankings usually take a bit more of a sample size to show, but sometimes the jumps can come almost out of nowhere. That's what we've seen early on from Jakub Dobes and Colten Ellis, two of the biggest risers for the November update. Ellis' stock might still have some rise to it, while Dobes might be at his peak now. Goaltending values fluctuate so much that I do find it's best to get trade value for them when you know you have an over-performing asset.
Standard pre-rankings note:
Cap hit is used for the player cost, so if your league uses salary or AAV, please account for that, as it can greatly change the impact of entry-level deals. The rankings are set up so as to provide the most value in the current season, while providing some value in future years, based on modeling for predicted salary increases and production growth.
The stats used for the goaltenders attempt to balance both ratio stats as well as volume. For those of you with variations towards either end of the spectrum, leaning more towards volume or rate stats, you will want to account for that change in value. Same thing goes for setting variations such as: number of teams, salary space, or roster positions. This list is made to be a baseline guide for player evaluation, and to promote discussion and understanding of how to optimize rosters in a cap league setting.
The goalie list comes not only with a value system, but with value tiers. The tiers (also computed by a formula of mine) represent a more general view on a goalie's value taking into account a few overarching factors. Cheap backups can have higher ratings but show up lower down the tier rankings. The high ranking is due to their low cap hits coupled with an established floor with some possible upside. The lower tier is a result of them having uncertain volume, and the lower likelihood of hitting their upside in any given year. In general, aim to have the highest rated players if you are looking to be most cap efficient, but use the tiers if you just want to focus on having the best goalies and you are comfortable paying a little more for that security (my preference is usually to lean towards the more cap efficient options because of how variable goalies can be).
If you note a mistake, or have any further questions about the ranking system, please let me know. You can find me on Twitter here @alexdmaclean.
Comments help with optimizing the values, because they're not perfect and they never will be.
We're sticking with the +/- 5.0 rating that Dobber uses on all of his rating schemes as the range for approximately equivalent value. The skater and goalie rankings are synched so that the value of a skater against a goalie can be compared, though the scale of the ratings has changed a little since the last update.
| Rank | Name | Age | Cap Hit | Yrs | Value | Tier | Prev Rnk |
| 1 | Dustin Wolf | 24 | $850,000 | 1 | 244.0 | 1 | 1 |
| 2 | Pyotr Kochetkov | 26 | $2,000,000 | 2 | 212.3 | 1 | 2 |
| 3 | Anthony Stolarz | 31 | $2,500,000 | 1 | 178.1 | 1 | 3 |
| 4 | Filip Gustavsson | 27 | $3,750,000 | 1 | 156.5 | 1 | 5 |
| 5 | Logan Thompson | 28 | $5,850,000 | 6 | 149.9 | 1 | 8 |
| 6 | Connor Hellebuyck | 32 | $8,500,000 | 7 | 144.7 | 1 | 4 |
| 7 | Joseph Woll | 27 | $3,666,667 | 3 | 143.8 | 1 | 7 |
| 8 | Andrei Vasilevskiy | 31 | $9,500,000 | 3 | 137.2 | 1 | 6 |
| 9 | Stuart Skinner | 27 | $2,600,000 | 1 | 171.1 | 2 | 10 |
| 10 | Darcy Kuemper | 35 | $5,250,000 | 2 | 149.3 | 2 | 11 |
| 11 | Mackenzie Blackwood | 28 | $5,250,000 | 5 | 133.7 | 2 | 12 |
| 12 | Jake Oettinger | 26 | $8,250,000 | 8 | 128.8 | 2 | 9 |
| 13 | Spencer Knight | 24 | $4,500,000 | 1 | 119.8 | 2 | 28 |
| 14 | Linus Ullmark | 32 | $8,250,000 | 4 | 112.0 | 2 | 15 |
| 15 | Jakub Dobes | 24 | $965,000 | 2 | 192.3 | 3 | 48 |
| 16 | Samuel Ersson | 26 | $1,450,000 | 1 | 153.3 | 3 | 17 |
| 17 | Jet Greaves | 24 | $812,500 | 1 | 151.3 | 3 | 18 |
| 18 | Sam Montembeault | 29 | $3,150,000 | 2 | 144.6 | 3 | 16 |
| 19 | Colten Ellis | 25 | $775,000 | 2 | 138.9 | 3 | NR |
| 20 | Karel Vejmelka | 29 | $4,750,000 | 5 | 138.8 | 3 | 20 |
| 21 | Joey Daccord | 29 | $5,000,000 | 5 | 138.5 | 3 | 19 |
| 22 | Adin Hill | 29 | $6,250,000 | 6 | 136.8 | 3 | 13 |
| 23 | Yaroslav Askarov | 23 | $2,000,000 | 2 | 134.0 | 3 | 35 |
| 24 | Frederik Andersen | 36 | $2,500,000 | 1 | 127.2 | 3 | 21 |
| 25 | Ilya Sorokin | 30 | $8,250,000 | 7 | 123.9 | 3 | 14 |
| 26 | Juuse Saros | 30 | $7,740,000 | 8 | 122.4 | 3 | 25 |
| 27 | Alex Nedeljkovic | 29 | $2,500,000 | 1 | 121.6 | 3 | 26 |
| 28 | Igor Shesterkin | 29 | $11,500,000 | 8 | 118.9 | 3 | 27 |
| 29 | Jacob Markstrom | 35 | $6,000,000 | 1 | 106.3 | 3 | 24 |
| 30 | Sergei Bobrovsky | 37 | $10,000,000 | 1 | 99.2 | 3 | 29 |
| 31 | Daniil Tarasov | 26 | $1,050,000 | 1 | 147.8 | 4 | 30 |
| 32 | Eric Comrie | 30 | $825,000 | 1 | 137.2 | 4 | 38 |
| 33 | Jake Allen | 35 | $1,800,000 | 5 | 136.1 | 4 | 33 |
| 34 | Arturs Silovs | 24 | $850,000 | 1 | 130.8 | 4 | 47 |
| 35 | Dan Vladar | 28 | $3,350,000 | 2 | 130.2 | 4 | 45 |
| 36 | Scott Wedgewood | 33 | $1,500,000 | 1 | 123.8 | 4 | 46 |
| 37 | Akira Schmid | 25 | $875,000 | 1 | 121.0 | 4 | 49 |
| 38 | Ukko-Pekka Luukkonen | 26 | $4,750,000 | 4 | 117.7 | 4 | 34 |
| 39 | Charlie Lindgren | 31 | $3,000,000 | 3 | 117.3 | 4 | 22 |
| 40 | Elvis Merzlikins | 31 | $5,400,000 | 2 | 117.3 | 4 | 23 |
| 41 | Jordan Binnington | 32 | $6,000,000 | 2 | 117.1 | 4 | 32 |
| 42 | Kevin Lankinen | 30 | $4,500,000 | 5 | 117.1 | 4 | 54 |
| 43 | Lukas Dostal | 25 | $5,500,000 | 6 | 113.9 | 4 | 39 |
| 44 | Jeremy Swayman | 26 | $8,250,000 | 7 | 111.9 | 4 | 37 |
| 45 | Tristan Jarry | 30 | $5,375,000 | 3 | 108.9 | 4 | 40 |
| 46 | John Gibson | 32 | $6,400,000 | 2 | 107.7 | 4 | 36 |
| 47 | Jesper Wallstedt | 23 | $2,200,000 | 2 | 105.0 | 4 | 60 |
| 48 | Connor Ingram | 28 | $1,950,000 | 1 | 99.2 | 4 | 57 |
| 49 | Leevi Merilainen | 23 | $1,050,000 | 1 | 85.9 | 4 | 41 |
| 50 | Erik Portillo | 25 | $783,333 | 2 | 64.9 | 4 | 42 |
| 51 | Sebastian Cossa | 23 | $863,333 | 1 | 39.6 | 4 | 43 |
| 52 | Casey DeSmith | 34 | $1,000,000 | 2 | 144.3 | 5 | 44 |
| 53 | Calvin Pickard | 33 | $1,000,000 | 1 | 140.3 | 5 | 31 |
| 54 | Thatcher Demko | 29 | $5,000,000 | 1 | 108.4 | 5 | 52 |
| 55 | Petr Mrazek | 33 | $4,250,000 | 1 | 97.2 | 5 | 55 |
| 56 | Joel Hofer | 25 | $3,400,000 | 2 | 93.5 | 5 | 51 |
| 57 | Devon Levi | 23 | $812,500 | 2 | 89.0 | 5 | 58 |
| 58 | Carl Lindbom | 22 | $840,000 | 1 | 82.1 | 5 | NR |
| 59 | Alexandar Georgiev | 29 | $825,000 | 1 | 82.0 | 5 | 56 |
| 60 | Sergei Murashov | 21 | $861,110 | 2 | 77.1 | 5 | NR |
| 61 | Philipp Grubauer | 33 | $5,900,000 | 2 | 68.2 | 5 | 59 |
| 62 | Brandon Bussi | 27 | $0 | 0 | 65.3 | 5 | NR |
| 63 | Nico Daws | 24 | $812,500 | 1 | 55.0 | 5 | 61 |
| 64 | Ivan Fedotov | 28 | $3,275,000 | 1 | 54.5 | 5 | 62 |