Lightning To Activate Ryan McDonagh
The long-awaited return of defenseman Ryan McDonagh has come to pass. According to team insider Erik Erlendsson, the Tampa Bay Lightning are expected to activate McDonagh ahead of tonight’s game against the Winnipeg Jets.
Much has already been made of McDonagh’s 2025-26 campaign. The 16-year veteran has suffered multiple injuries, missing nearly two months of action altogether. In the year, McDonagh has only appeared in 18 games for the Bolts, scoring four goals and eight points with a +1 rating, averaging 20 minutes of ice time per game.
Still, even without one of their top four defenseman, the team hasn’t blinked. During McDonagh’s first absence from November 12th to December 15th, Tampa Bay earned a record of 10-7-1 in 18 games. Since December 22nd, during McDonagh’s second absence, the Lightning have managed a 13-1-1 record in 15 games. Their outlook for the year should improve if McDonagh shows consistency in the lineup for the rest of the season.
Given that Tampa Bay’s defensive core has played so well this year without multiple names, it would be in the team’s best interest to slow-play McDonagh’s return as much as they can. He has been consistently reliable over the past few years, participating in 70 or more games each season since the 2021-22 campaign. However, especially since he’s the oldest player on the team, the Lightning can’t afford for injuries to become a theme for McDonagh.
It’s important to note that the Lightning signed McDonagh to a three-year, $12.3MM extension toward the beginning of December. The contract will take him through the 2028-29 campaign, his age-39 season. Given that Tampa Bay typically operates fairly close to the salary cap’s upper limit, they’ll need McDonagh in the lineup more often than not, making his recovery process one of the most important on the team.
Atlantic Notes: Luukkonen, Panarin, Lindholm
The red-hot Buffalo Sabres are going to be down a netminder for the next little while. According to Paul Hamilton of WGR Sports Radio, the Sabres expect Ukko-Pekka Luukkonen to miss the next week with a lower-body injury.
Since the calendar turned to December, Buffalo has a 20-6-1 record in their last 27 games, carrying a team SV% of .906. Luukkonen has played an integral role in stabilizing the crease, earning a 9-4-1 record in 14 games with a .908 SV%. The team will now have to rely on the combination of Alex Lyon and Colten Ellis, likely up until the upcoming Olympic break.
Fortunately, the Sabres are likely comfortable with that. Since the hot streak began in December, not only has Lyon been a boon to the team, but he’s been one of the league’s best over that stretch. The 33-year-old netminder has won nine out of 10 games with a .928 SV% since December 1st.
Other notes from the Atlantic Division:
- The jury is still out on which team will ultimately acquire Artemi Panarin from the New York Rangers. On today’s episode of Insider Trading, TSN’s Pierre LeBrun indicated that Panarin’s camp has contacted the Florida Panthers (among others) about potentially facilitating a trade. Still, LeBrun poured some cold water on that idea, indicating that it would be nearly impossible for the Panthers to afford an extension, and Panarin has reportedly made that a requirement.
- The Boston Bruins will be without their first-line center tonight. According to Steve Conroy of The Boston Herald, forward Elias Lindholm is considered day-to-day with an undisclosed injury. However, Conroy hinted that Lindholm’s recovery timeline could extend beyond that, given that he’s meeting with team doctors today.
Nashville Predators Reassign Fedor Svechkov
The Nashville Predators announced that they’ve reassigned forward Fedor Svechkov to the AHL’s Milwaukee Admirals. Nashville has a full roster after the transaction, though they’ll likely make another recall, particularly to their forward core, before their current road trip concludes.
Svechkov’s demotion is a clear-cut case of a younger player needing a reset. The former 19th overall pick in the 2021 NHL Draft has struggled this season, scoring two goals and nine points in 49 games while averaging 12:03 of ice time per game. His last point came via a goal against the St. Louis Blues on December 27th.
Simply put, his production has been cut in half compared to last season’s results. That’s not something the Predators can afford for an up-and-coming 22-year-old forward at this stage of their retooling efforts. Last year, Svechkov played in 52 games with Nashville, scoring eight goals and 17 points with a -17 rating.
Still, he has shown mild improvements in his possession and defensive metrics. During his rookie campaign, Svechkov finished with a 50.0% CorsiFor and 87.5% on-ice SV% at even strength. This season, he’s improved those to 53.5% and 88.8%, respectively.
He’ll return to a familiar environment where he’s already experienced some success. Although he hasn’t played in the AHL this season, Svechkov has recorded 21 goals and 51 points in 70 games for the Admirals. Additionally, he’s been a beneficial playoff performer, scoring 10 goals and 20 points in 25 games during the Calder Cup playoffs.
There’s no indication that the Predators plan to keep Svechkov in the AHL for the remainder of the season. Still, the Admirals are trending toward the playoffs again, allowing Svechkov to be in a competitive environment where he can excel.
Capitals Recall Clay Stevenson
According to a team announcement, the Washington Capitals have recalled netminder Clay Stevenson from the AHL’s Hershey Bears. The Capitals already have a full 23-man roster, so they’ll need to make a corresponding roster move before tonight’s game against the Detroit Red Wings.
Stevenson’s recall immediately indicated that Washington would be down a typical netminder for tonight’s contest. According to Bailey Johnson of The Washington Post, Logan Thompson was not with the team for this morning’s practice, so he won’t be available in Detroit.
After practice, Johnson confirmed that Thompson is dealing with an upper-body injury that’s expected to keep him out for the next few days. During the Capitals’ six-game road trip, Thompson started in three games, achieving a record of 1-2-0 with a .880 SV%.
Meanwhile, Stevenson, 26, returns to Washington for the second time this season. His first recall came back in early December, though he failed to participate in any games. His last, and only, NHL contest came back in mid-April of last season, where he stopped 33 of 38 shots in a loss to the Pittsburgh Penguins.
Taking over as the de facto starter with Hershey after Hunter Shepard departed in free agency, Stevenson has performed well. Through 24 games this season, he’s managed an 11-8-4 record with a .912 SV% and 2.57 GAA.
New York Rangers Recall Brett Berard
Now that they’re committed to sitting out Artemi Panarin until he’s eventually traded, the New York Rangers needed another forward to fill the void. According to a team announcement, the Rangers have recalled Brett Berard from the AHL’s Hartford Wolf Pack.
Today’s transaction marks the fourth time that Berard has been recalled by New York this season. Throughout his previous three recalls, he appeared in 12 games for the Rangers, going scoreless while earning a -1 rating, averaging 10:42 of ice time per game. He’ll likely slot into a similar bottom-six role, if he plays at all.
Regardless, it’s a significant decrease in NHL action for Berard compared to last season. During the 2024-25 campaign, Berard played in 35 games with New York, registering six goals and 10 points with a -6 rating, averaging 10:43 of ice time. That limited his availability in Hartford, where he scored nine goals and 23 points in 30 games. He has already played the same number of games for the Wolf Pack this season, putting up six goals and 18 points.
Despite the relatively solid offensive output last season for a former fifth-round pick, there were some concerns with Berard’s play on the defensive side of the puck. That’s not uncommon for a younger forward. At even strength, he concluded the 2024-25 season with an 89.2% on-ice SV%. Still, he’s improved drastically this season, managing a 95.0% mark, albeit in fewer appearances.
At any rate, given that the Rangers are expected to make a few trades leading up to the March 6 trade deadline, there will likely be more opportunities for Bedard. If that’s the case, he’ll be in range of usurping his total games played from last year.
Hurricanes Activate, Reassign Juha Jaaska
According to a team announcement, the Carolina Hurricanes have activated forward Juha Jaaska from the non-roster injured reserve. As expected, the team quickly reassigned Jaaska to the AHL’s Chicago Wolves.
Jaaska, 27, is in his second professional season in North America. Before signing with the Hurricanes, Jaaska spent several years with the Finnish Liiga’s HIFK, scoring 51 goals and 142 points in 310 games with a +44 rating.
His first season with Carolina went well, particularly in the AHL. It can take some time for players, especially those who have played multiple years overseas, to adjust to professional hockey across the ocean. Jaaska immediately contributed to AHL Chicago, finishing fifth on the team in scoring with 12 goals and 33 points in 53 games.
Unfortunately, that didn’t translate to the NHL level right away. The Hurricanes gave him multiple opportunities, and he finished with only four assists in 18 NHL contests, averaging 8:56 of ice time per game. Still, his possession metrics were particularly solid (61.7% CorsiFor%), though that’s true of nearly every player in Carolina.
His career took a hit in October when Jaaska underwent groin surgery, keeping him out of action until now. He’ll return to a familiar environment where he’ll likely remain until the end of the season. If the Hurricanes clinch either the Metropolitan Division or the Eastern Conference, the team could give Jaaska another opportunity toward the end of the year.
Rangers Sitting Artemi Panarin For Roster-Related Reasons
6:42 PM: Chris Johnston of TSN and The Athletic reports that Panarin is seeking a contract extension before he’ll sign off on any trade. With the Rangers committed to holding him out through the Olympic break if needed, Panarin now has ample time to try to work out a deal with his next team.
5:28 PM: According to Mollie Walker of the New York Post, the New York Rangers are healthy-scratching Artemi Panarin for roster-related reasons. Not only will Panarin sit tonight against the New York Islanders, but Walker shared that he won’t be back in the lineup before the upcoming Olympic break.
That means, at least in the short-term future, that Panarin will miss the next four games for the Rangers. In all likelihood, he has played his last game for the Rangers.
Still, there’s no indication that a Panarin trade is particularly close. Because of the no-movement clause included in his contract, Panarin would have to greenlight any trade out of New York. It is believed that the Rangers have asked Panarin to provide a list of teams he would be willing to join, and today’s news suggests that Panarin has at least offered them a few options.
It’ll be interesting to see how long New York is willing to keep Panarin on the sidelines. Because there’s no indication a trade is close, and not every team linked to Panarin has sufficient cap space to acquire Panarin (though they would by the time the trade deadline rolls around), there’s a possibility that a deal won’t materialize until closer to the deadline. It would be unlikely, but that worst-case scenario could have Panarin without game action for over a month.
Regardless, if he has already played his last game with New York, he has finished as one of the organization’s best offensive players ever. Since joining the Rangers ahead of the 2019-20 campaign, Panarin has scored 205 goals and 607 points in 482 games with a +68 rating. He has consistently maintained a CorsiFor% above 50.0% at even strength and was a top-five scorer in the league as recently as the 2023-24 season.
Much of the concern regarding Panarin’s tenure with the Rangers has stemmed from a perception that he “disappears” during the playoffs. This claim is wholly unfounded.
Although Panarin hasn’t maintained his regular-season scoring pace in the postseason, he has recorded 19 goals and 53 points in 62 playoff games since joining the Columbus Blue Jackets before the 2017-18 season. Exclusively with the Rangers, he’s registered 12 goals and 35 points in 46 games while averaging more than 20 minutes per night, helping the team reach two Eastern Conference Finals.
It’s an evolving situation, but Panarin should be with a new team relatively soon.
Maple Leafs Reassign Henry Thrun, Dakota Mermis; Recall Marshall Rifai
The Toronto Maple Leafs are making a few changes to the bottom of their defensive core ahead of a four-game roadtrip through the Pacific Division. According to a team announcement, the Maple Leafs have reassigned Henry Thrun and Dakota Mermis to the AHL’s Toronto Marlies and recalled Marshall Rifai to the NHL club.
Thrun, 24, was on his second recall of the year. In his first season with the Maple Leafs organization, he has served exclusively as an injury replacement. Throughout his two recalls, Thrun has gone scoreless in four games with Toronto, averaging 14:52 of ice time per game.
He’s understandably been more productive with AHL Toronto. In his first significant playing time in the AHL since the start of the 2023-24 season, Thrun has scored three goals and 14 points in 28 games with the Marlies, with a -2 rating. That’s good for second on the team in scoring among defensemen.
Expectedly, Mermis heads to the AHL after being placed on waivers yesterday. He has played more NHL games this year than Thrun, scoring one goal in 11 appearances and averaging 13:02 of ice time per game. Unfortunately for Mermis, he has been out of action since early December as he suffered a long-term lower-body injury. Assuming his current demotion goes well, it’s likely that he’ll return to the active roster relatively soon.
Meanwhile, Rifai will join the Maple Leafs for the second time this season. The 27-year-old began the year on Toronto’s long-term injured reserve as he recovered from a wrist injury. Since the beginning of the 2024-25 campaign, Rifai has appeared only for the Marlies, scoring three goals and 17 points in 75 games with a +15 rating. In his only NHL action back in the 2023-24 campaign, he went scoreless in two games.
Canucks Notes: Kane, Buium, Hoglander
It’s already known that winger Evander Kane won’t finish the year with the Vancouver Canucks since the team allowed his agent to negotiate a trade to another organization. Still, Kane has yet to be moved.
Most of the interest in Kane is coming from the Western Conference, where he may prefer to remain. The Colorado Avalanche and Dallas Stars have already been linked, with beat writer Robert Tiffin confirming the latter team’s interest earlier today. Additionally, Dennis Bernstein of The Fourth Period reported today that the Los Angeles Kings have entered the mix for Kane’s services.
Multiple outlets have claimed that the Canucks were willing to retain some salary on the remainder of Kane’s contract and are only looking for a prospect or draft capital in return. Throughout his career, Kane has achieved at least a 20-goal campaign more often than not, though he has struggled to put the puck in the net this year, with nine goals in 52 games. Still, interested teams have likely placed more value on his playoff performance the past two years, scoring 10 goals and 20 points in 41 games, with 159 hits, helping the Edmonton Oilers reach back-to-back Stanley Cup Finals.
Additional notes from the Vancouver Canucks:
- After losing netminder Thatcher Demko for the remainder of the season, Vancouver may also be without one of their top young blue-liners for the foreseeable future. Passing along a note from head coach Adam Foote, Sportsnet’s Iain MacIntyre reported that defenseman Zeev Buium has a broken cheekbone and that surgery has not been ruled out. The Canucks are wholly expecting him to remain out through the upcoming Olympic break. Buium has scored two goals and six points in 20 games, while averaging 20:25 of ice time per night, since being acquired from the Minnesota Wild in mid-December.
- The injury concern doesn’t end there for the Canucks. According to Sportsnet’s Randip Janda, forward Nils Höglander is being evaluated for a lower-body injury from yesterday’s game against the San Jose Sharks. It’s not the first time Höglander has dealt with injury concerns this year, missing the first two months of the season due to a separate lower-body ailment. He has registered only two assists in 18 games since returning.
Thatcher Demko Out For Season
12:01 p.m.: The Canucks are shutting Demko down for the season to undergo hip surgery, the team announced. He ends his year with an 8-10-1 record in 20 appearances with a .895 SV% and 2.90 GAA – both strong numbers behind a lax Vancouver defense.
8:35 a.m.: The Vancouver Canucks have been without starting netminder Thatcher Demko since January 10th, and his absence could extend even further. According to TSN’s Darren Dreger, the Canucks are expected to provide clarity on Demko’s injury later today, and he may be done for the 2025-26 campaign.
Speculation regarding his availability for the remainder of the season came from Vancouver’s head coach, Adam Foote, who admitted that Demko’s season may be over. The nine-year veteran has been dealing with chronic knee issues for the last few years and was out with a groin ailment earlier this season.
At the time, Foote only acknowledged that Demko is dealing with a lower-body injury, and there’s no word on whether it’s related to his previous afflictions. If it is, Demko may need relatively invasive surgery, which could sideline him for months. Dreger confirmed that Demko has been meeting with medical specialists, which would explain the lack of clarity from the Canucks.
Additionally, it wouldn’t be a bad year for Demko to take off to regain his health. Vancouver is currently in the league’s basement with a 17-30-5 record and has no realistic pathway back to contention, even with Demko between the pipes.
Still, even if he does have surgery, there should be significant concern from the Canucks. If he misses the rest of the season, he will have made only 43 starts in the last two seasons. For comparison, Demko made 51 starts during the 2023-24 season alone.
Despite the injuries, Vancouver signed Demko to a three-year, $25.5MM ($8.5MM AAV) extension that begins next season. Considering that they’re already paying Kevin Lankinen $4.5MM through the 2029-30 campaign, that’s a relatively high price to pay for a goalie tandem on a non-competitive team.