Veleno will become an unrestricted free agent after not receiving a qualifying offer from the Canadiens on Monday, Renaud Lavoie of TVA Sports reports.
Veleno ended 2025-26, including the playoffs, on a 43-game goal drought. The 26-year-old center generated just five points over 61 regular-season games in total. Given his offensive limitations, Veleno is unlikely to offer much in the way of fantasy value regardless of where he signs this offseason.