The NHL trade market was re-ignited last week with the blockbuster trade of Quinn Hughes to the Minnesota Wild, but it wasn’t the only deal: the Edmonton Oilers and Pittsburgh Penguins swapped starting goalies as well. Now, it appears more significant trades could be coming. Insider Pierre LeBrun reported on TSN’s Insider Trading segment that in the aftermath of last week’s Hughes deal, “the Calgary Flames suddenly got more calls on Rasmus Andersson.”
That Andersson’s name is popping up in trade rumors is not a new development. Andersson was front-and-center in transaction-related reporting throughout the summer, and LeBrun even noted on TSN that the defenseman was nearly traded at last year’s deadline. Capable, proven top-four defensemen are a rare commodity in the NHL, and Andersson figures to be one of the few available for trade at this moment. As a result, interest in acquiring him is robust.
As far as which teams might be interested in trading for the Flames rearguard, LeBrun highlighted one key player in the trade talks: the Toronto Maple Leafs, whose hockey operations decision-making is led by former Flames GM Brad Treliving.
Andersson was drafted No. 53 overall by the Flames during Treliving’s tenure as general manager. His emergence into a two-way NHL force has made him one of the best draft picks from Treliving’s time as GM of the Flames.
Treliving is far from the first general manager to covet a former player after switching jobs, but it appears interest between Toronto and Andersson is mutual. LeBrun reported on TSN that “the Leafs would be one of the teams that perhaps Andersson would consider extending with” in the event that he is traded.
Should Andersson be dealt in a sign-and-trade transaction, similar to the way Noah Hanifin was traded from Calgary to the Vegas Golden Knights, the Flames figure to benefit from a stronger return package than if he was dealt as a rental. As a result, the Flames could have an increased level of motivation to deal Andersson to Toronto compared to another destination where he might not be as interested in re-signing.
Another factor in these reported trade talks between the two teams is the relationship between Treliving and current Flames GM Craig Conroy. Treliving was hired as Flames GM in April 2014, and shortly afterward, in June 2014, Conroy was promoted to assistant GM. Conroy was a key lieutenant for Treliving before succeeding him as Flames GM, and its possible their prior working relationship could make for an easier path to reaching an agreement on a trade for Andersson.
Taking a look at Toronto’s defensive depth chart, it’s no great mystery why they’d be interested in adding Andersson, even if there was no previous connection between their GM and the player. Andersson is the top right-handed defenseman currently available for trade, and the right side of Toronto’s defense has been ravaged by injuries. Chris Tanev remains out and it was reported on Dec. 2 that Brandon Carlo would miss “extended time.” Carlo hasn’t played since Nov. 13.
Toronto lined up tonight against the Chicago Blackhawks with left-handed Oliver Ekman-Larsson on the right side next to Morgan Rielly, journeyman Troy Stecher on the second pairing, and left-handed Henry Thrun on the right side of their third pairing. While Stecher has played well in Toronto, that’s hardly an ideal situation for a team that hopes to contend for a Stanley Cup to be in.
It’s fair to question whether Toronto would be best suited surrendering its top trade assets for a rental player when the club sits one point off of last place in the Eastern Conference. But while Toronto’s play hasn’t merited it to this point in 2025-26, the organization is likely still operating with the goal of winning a Stanley Cup on an immediate basis, and trading for Andersson would support that goal. Whether an Andersson trade would be enough to morph this year’s Maple Leafs into a true contender, though, is the key question.
Photos courtesy of Sam Navarro-Imagn Images
Another question is can Toronto put together a package that Calgary would accept. There will be other suitors for Andersson & likely some with more assets. The Leafs don’t have a 1st round pick until 2028 and are also without their second round pick this season. Their prospect pool isn’t deep.
the deal starts with that first and Danford in all likelihood.
Exactly.
If the market for Rasmus Andersson is as robust as reported then how are the Leafs going to win any type of bidding war? The prospect cupboard is pretty bare and they’ve traded away early round future draft picks. Reinforcements will come from the IR opposed to any blockbuster trade this year.
The self proclaimed insiders clearly having nothing to talk about, But it is entertaining.