The Olympic break is now upon us with the men’s tournament set to start in a few days.  Meanwhile, there was certainly some news of note around the NHL over the past seven days which is recapped in our key stories.

Bjugstad To Devils: The fact that New Jersey is currently out of a playoff spot didn’t stop them from buying as they acquired center Nick Bjugstad from St. Louis in exchange for minor leaguer Thomas Bordeleau and a fourth-round pick.  The 33-year-old hasn’t had a great year and has been limited to 36 games due to injuries and healthy scratches; he has six goals and one assist in those outings.  Still, Bjugstad is only two years removed from a 45-point season and gives them some extra center depth and grit for their fourth line.  He has one year left on his contract after this one at $1.75MM, meaning he’s not a rental player for them.  Meanwhile, Juho Lammikko lost his roster spot with New Jersey after the move.  He declined to go to the minors and was subsequently released and has since signed in Switzerland.

Done For The Season: With the playoffs out of reach, the Flames have decided to shut down veteran winger Jonathan Huberdeau for the rest of the season to allow him to undergo hip resurfacing surgery.  The injury is one that he has been dealing with all season and there’s no confirmation at this time that he’ll be available for training camp.  He had been struggling before being shut down as he had just 10 goals and 15 assists in 50 games, a point total well below the 62 he had last season.  Huberdeau still has five years left on his contract, one that carries a $10.5MM cap charge and has not aged particularly well since his career year with Florida back in 2021-22.

Panarin On The Move: With Artemi Panarin being sat out for future trade purposes, the Rangers were able to get a deal done just before the trade freeze.  The veteran was dealt to the Kings (with 50% retention on his expiring contract) in exchange for winger Liam Greentree along with a 2026 conditional third-round pick that upgrades to a second-round selection if Los Angeles wins a round.  If the Kings win two, New York adds an extra 2028 fourth-rounder.   Panarin, who quickly signed a two-year, $22MM extension (spurning much bigger offers), gives the Kings a legitimate top-line scoring threat on a team that has struggled mightily offensively this season, ranking 31st in the league in goals scored.  Panarin made it known that Los Angeles was the only team he’d waive his trade protection for, hindering New York’s ability to get a top return.  Still, in Greentree, they add an intriguing big winger who was a first-round pick in 2024 and has been quite productive in the OHL, giving them a big add to their prospect pool.

Trotz To Retire: It has been an eventful few years for Barry Trotz as the GM of the Predators.  Taking on that role for the first time following a long and successful coaching career, he went on a big spending spree in the 2024 offseason, adding Steven Stamkos, Jonathan Marchessault, and Brady Skjei in an effort to turn his team into a contender.  Instead, they’ve floundered and after missing the playoffs last season, they’re on the outside looking again at the break.  Meanwhile, Trotz announced this week that he has decided to retire from the role, though he will remain on the job through the trade deadline and until a successor is found.  The team had hoped to use CAA Executive Search to help find a replacement but as CAA Hockey has 153 NHL clients, it was deemed a conflict of interest and CAA has since withdrawn from that engagement.  The search will now be done in-house.

Suspended For 20: Penguins defenseman Caleb Jones has been sidelined for the better part of the month after being injured on a conditioning stint (to wrap up recovery from a separate injury).  Now, he won’t be in the lineup no matter what for the bulk of the rest of the season as the NHL gave him a 20-game suspension for violating the terms of the NHL/NHLPA Performance Enhancing Substances Program.  Additionally, he has been referred to the Player Assistance Program for evaluation and possible treatment.  Jones is in the first season of a two-year deal with Pittsburgh and barring a late-season return after the suspension is lifted, he’ll wind up with just seven games with the Penguins and the one brief appearance in the minors.

Photo courtesy of Brad Penner-Imagn Images.

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