Return from lambda forEach() in java

The return there is returning from the lambda expression rather than from the containing method. Instead of forEach you need to filter the stream:

players.stream().filter(player -> player.getName().contains(name))
       .findFirst().orElse(null);

Here filter restricts the stream to those items that match the predicate, and findFirst then returns an Optional with the first matching entry.

This looks less efficient than the for-loop approach, but in fact findFirst() can short-circuit - it doesn't generate the entire filtered stream and then extract one element from it, rather it filters only as many elements as it needs to in order to find the first matching one. You could also use findAny() instead of findFirst() if you don't necessarily care about getting the first matching player from the (ordered) stream but simply any matching item. This allows for better efficiency when there's parallelism involved.

I suggest you to first try to understand Java 8 in the whole picture, most importantly in your case it will be streams, lambdas and method references.

You should never convert existing code to Java 8 code on a line-by-line basis, you should extract features and convert those.

What I identified in your first case is the following:

• You want to add elements of an input structure to an output list if they match some predicate.

Let's see how we do that, we can do it with the following:

List<Player> playersOfTeam = players.stream()
    .filter(player -> player.getTeam().equals(teamName))
    .collect(Collectors.toList());

What you do here is:

1. Turn your input structure into a stream (I am assuming here that it is of type Collection<Player>, now you have a Stream<Player>.
2. Filter out all unwanted elements with a Predicate<Player>, mapping every player to the boolean true if it is wished to be kept.
3. Collect the resulting elements in a list, via a Collector, here we can use one of the standard library collectors, which is Collectors.toList().

This also incorporates two other points:

1. Code against interfaces, so code against List<E> over ArrayList<E>.
2. Use diamond inference for the type parameter in new ArrayList<>(), you are using Java 8 after all.

Now onto your second point:

You again want to convert something of legacy Java to Java 8 without looking at the bigger picture. This part has already been answered by @IanRoberts, though I think that you need to do players.stream().filter(...)... over what he suggested.