"It's about going to a team where they have, let's say, fewer wings; going to the team that has a chance to win the Stanley Cup; and going to the team that plays similar kind of hockey as I do," he said. "And to the team where I know there [are] a couple of players that I could click with playing together.
"Money is a factor too. But not because of the money itself, but because if you took an offer with a minimal salary, it could easily happen that after the first half of the season they tell you, 'Bye,' and you don't have a spot on the roster anymore. Myself, I'm curious to see how it's [going to] turn out."
Jagr said on Aug. 9 that he "didn't expect it would be so hard to get a job in the NHL this year." His agent, Petr Svoboda, told a Vancouver radio station on Aug. 26 that "I am working around the clock and will get something done."
Training camps open in about two weeks, and the regular season begins Oct. 4.
"It's a kind of [like] poker," Jagr said. "Neither side will open its cards and time is not pushing anyone for now. There are many teams who haven't yet finished their rosters and they have lots of gaps there. The teams and [general managers] are not [in] a rush. They know they still have [a month] before the season starts."
Jagr had 46 points (16 goals, 30 assists) in 82 games for the Panthers last season, his 23rd in the NHL, and became the second-leading scorer in League history behind Wayne Gretzky (2,857-1,914).
He has played 1,711 NHL games, fourth in League history, 56 behind leader Gordie Howe, with three seasons spent in the Kontinental Hockey League (2008-11). Jagr said returning to play in Europe is an option.
"It wouldn't necessarily have to be the KHL, but it has to be a top league," he said.
NHL.com correspondent Michael Langr contributed to this report.