Avalanche Reassign Ivan Ivan

Saturday: Following Friday’s game against Chicago, the Avalanche announced that they’ve returned Ivan to the minors.  He played in two games while on recall, seeing just under 13 minutes of ice time combined in those outings.


Wednesday: The Avalanche have recalled forward Ivan Ivan from AHL Colorado, per the NHL’s media portal. With Ross ColtonGabriel Landeskog, and Artturi Lehkonen still sidelined, the Avs will dress 12 forwards and six defensemen tonight against the Stars after going 11 and seven in the last three games without Colton.

Technically, it’s Ivan’s sixth recall of the season. The last five came in an 11-day span in January, while Ivan was recalled only on game days and sent down in between. While that used to be a common practice, it’s no longer permitted if the player isn’t logging at least one AHL appearance between each recall. That meant Ivan was playing quite a lot of hockey that month as the Avs’ and Eagles’ game and travel schedules lined up favorably.

The Avs have opted to use a bare-minimum roster all season long. They’ve gone 11-and-seven on multiple occasions because of it, but when they’ve opted to have a 12th forward when stressed by injuries, Ivan has been part of a loose rotation between himself, Jason PolinTristen Nielsen, and a few others. The 23-year-old has suited up seven times between call-ups this year, registering one assist, a +2 rating, four shots, and two hits while averaging just 7:45 of ice time per game. He’s played much more infrequently after injuries above him got him into 40 NHL games as a rookie last year, in which he put up a 5-3–8 scoring line with a -9 rating.

It hasn’t been a great year in the minors for Ivan, either. He’s been limited to seven goals and 19 points in 55 AHL games. Considering he had 31 points in 67 games as a first-year pro on an AHL deal with Colorado two seasons ago, that’s a considerable step back. With his entry-level contract expiring, that offensive regression has him at risk of being non-tendered, especially as he’ll be eligible for arbitration and Colorado might want to avoid that award.

Ryan Johansen Announces Retirement

Ryan Johansen announced his retirement in an episode of the Predators’ official team podcast released Thursday afternoon. The 33-year-old center steps away after an NHL career that spanned 13 seasons and included an All-Star nod and a Western Conference championship with Nashville in 2017.

Johansen played his junior hockey with the WHL’s Portland Winterhawks, where he rode a 69-point rookie season to a fourth overall selection by the Blue Jackets in the 2010 draft. After a standout performance for Portland the following season, he arrived in Columbus as a full-time NHL talent beginning with 2011-12. He struggled to produce from the hop, posting 14 goals in 107 games across his first two seasons. He fully arrived as the centerpiece of the Jackets’ attack in 2013-14, though, erupting for 33 goals and 63 points while leading the franchise to just its second playoff appearance in team history at the time.

An RFA the following summer, it took Columbus until October to get Johansen signed. Even then, the two sides could only end up settling for a three-year, $12MM bridge deal. It immediately became one of the best contracts in the league as Johansen followed up his breakout with a career-high 71 points, leading the team with 45 assists while representing Columbus at the All-Star Game and winning MVP honors there.

While it looked from there like Johansen would be the Jackets’ second great offensive star after Rick Nash, his time in the organization was already near its close. With Columbus in need of defensemen, they cut bait quickly with Johansen the following season when he got off to a sluggish start. Halfway through the 2015-16 campaign, he was dealt to the Predators in what ended up being one of the most consequential one-for-one deals of the decade for Seth Jones.

Johansen immediately assumed duties as Nashville’s top center. While he never topped the 70-point mark again, he was a major part of the most successful stretch in franchise history that saw the Preds win playoff series in three consecutive years from 2016-18, making the Cup Final in 2017 and winning the Presidents’ Trophy the following season.

At age 24, Johansen had put up four straight 60-point seasons and played a pivotal role on a team that came just two wins short of a Stanley Cup, although he missed the Final after developing acute compartment syndrome in his left thigh. It seemed like a no-brainer for Nashville to commit long-term when he was an RFA again that summer, inking him to an eight-year, $64MM contract.

Johansen’s offensive consistency would fall off significantly after he put pen to paper on that deal. He only hit the 60-point mark twice more in his career and only averaged 18 goals and 54 points per 82 games for the Preds after signing the contract. His ice time steadily decreased throughout the deal, bottoming out with a 15:46 figure in 2022-23 that also saw him limited to 28 points in 55 outings with a -13 rating. At that point, the Predators had just missed the playoffs for the first time in nine years and hadn’t won a series in five.

Looking to clear money in a flat-cap environment and get out of what was becoming an increasingly undesirable contract, the Preds put him on the trade block. The Avalanche, looking for reclamation stopgap projects down the middle in their middle-six after losing Nazem Kadri the summer prior, took Johansen on for virtually nothing while Nashville retained half his cap hit to offload him.

The move only accelerated Johansen’s jagged but now aggressive decline. He was a non-factor in Colorado and had fallen out of a top-six role by the trade deadline, posting 13 goals and 23 points in 63 games for his worst offensive showing since his teenage years. The Avs were able to offload the last year and a half of his contract by trading him to the Flyers in that year’s Sean Walker deadline deal, but he never played a game for Philadelphia. The Flyers attempted to waive him and assign him to the AHL, but that was later nullified when he failed his physical due to a nagging hip injury.

The Flyers likely planned on buying him out that summer if he was healthy. Since he wasn’t cleared to play, that wasn’t an option. They then moved to place him on unconditional waivers later in the summer to terminate his contract for what the team called a “material breach,” likely due to his failure to report the issue to team doctors before the trade. Johansen appealed, and the process lasted through the entire 2024-25 campaign anyway before an independent arbitrator ultimately ruled in favor of the Flyers.

It was essentially a foregone conclusion at that point that Johansen’s hip issues would prevent him from playing again, but he now makes it official. He tallied just over 900 career games with a 202-376–578 scoring line. His 362 points in a Nashville uniform rank sixth in franchise history. PHR congratulates Johansen on his lengthy career and wishes him the best in retirement.

Image courtesy of Christopher Hanewinckel-Imagn Images.

Avalanche Sign Gustav Stjernberg To Entry-Level Deal

The Avalanche announced they’ve signed free agent defenseman Gustav Stjernberg to a two-year, entry-level contract beginning next season. He will finish the campaign on a minor-league deal with AHL Colorado, where he’ll make his North American pro debut in the coming days.

Stjernberg, 23, is a 6’4″, 209-lb righty coming off his junior season at Bowling Green. He was a consistent, physical presence for the Falcons over the past three years, who has decent enough puck-moving ability. He finishes his collegiate career with a 14-23–27 scoring line, 173 penalty minutes, and a +13 rating in 86 games.

The Swede is quite familiar with North American hockey. After going undrafted out of Sweden’s junior league in 2021, he remained at home for one more year, logging a breakthrough season that earned him his pro debut with Örebro HK of the Swedish Hockey League, before departing for the United States. He spent 2022-23 in juniors with the Des Moines Buccaneers of the USHL before debuting at Bowling Green as a freshman in fall 2023.

Players with his production archetype typically don’t go on to have significant NHL careers. Colorado’s had success in landing defenders in college free agency and turning them into effective pieces, though. The more diminutive Sam Malinski was signed in 2023 out of Cornell with only a slightly improved statistical profile, and he’s gone on to become a bottom-pairing fixture for the club while enjoying an exceptional 2025-26 campaign.

The Avs’ AHL defensive depth season looks a little skinny with Jack Ahcan, Ronald Attard, and Jacob MacDonald all set to become unrestricted free agents. Stjernberg could step into a regular minor-league role next season, although if the Avs add a piece or two, it could be in the ECHL.

Canadiens Were “In The Mix” Late On Nazem Kadri

From the moment the Avalanche expressed interest in bringing Nazem Kadri back into the fold, they became the frontrunner to land him from the Flames, although that didn’t stop other teams from pursuing the top-six pivot. Part of why the initial Kadri to Colorado report didn’t come out until an hour after the deadline passed was because of how aggressively the Canadiens were pushing to land him until ultimately backing out with less than a couple of hours to go, The Athletic’s Peter Baugh reports.

Montreal’s interest in Kadri isn’t a new storyline. It was well-documented that they were in the market for a top-six forward (although preferably a winger), but they were still limited in how many assets they were willing to give up at this early stage of their contention window. The Flames and Habs also had talks surrounding Blake Coleman throughout the year, and Montreal was also linked to Calgary defender Zach Whitecloud last week, although none of those deals ended up getting done.

Instead, the Habs were silent last week. General manager Kent Hughes told reporters Friday after the deadline passed that they spent all their time that morning and afternoon on a “significant deal” and didn’t devote their attention anywhere else (via Arpon Basu of The Athletic). Given Baugh’s report, it stands to reason that the potential pickup was Kadri.

A first-round pick, a second-round pick, a B-tier prospect in Max Curran, and a salary ended up going back Calgary’s way – and that was with the Flames retaining cash, which they wouldn’t have had to do if they took Patrik Laine off Montreal’s hands in a Kadri deal. It was a matchable price, but evidently one Hughes determined Montreal wasn’t willing to exceed before making a more serious playoff challenge with their existing core.

The Habs will instead roll into what they hope will be a second consecutive playoff berth with a top-six forward group that, as currently constructed, has three players aged 22 or younger and no one over the age of 26. Montreal only has three forwards over the age of 30 – Josh AndersonPhillip Danault, and Brendan Gallagher – and they’re all on a line together.

Avalanche’s Gabriel Landeskog Out Week-To-Week

The Colorado Avalanche will be without a second-line winger for the short future. Captain Gabriel Landeskog has been designated as out week-to-week with a lower-body injury after taking a shot from Cale Makar to the groin per Corey Masisak of The Denver Post. Landeskog had a puck-sized dent in his athletic cup after the game, adds Masisak.

Landeskog has already missed 14 games to various injuries this season. Luckily, none of them have been connected to the knee injuries that held Landeskog out of three regular seasons, from 2022 to 2025. He made a brief return for the playoffs in 2022 and 2025 – combining for 26 points in 25 games. That momentum set Landeskog up for a major, and important, return this season. Through some bouts with injury, he has found a way to match the bill, netting 29 points in 47 games and returning to his clear-cut role as Colorado’s second-line left-wing.

Landeskog’s playmaking has helped spark veteran center Brock Nelson in his first full season with the club. Nelson has a tremendous 30 goals and 53 points in 61 games, helped along by a 21.1 shooting percentage. When he’s not playing off of Nelson, Landeskog has been deployed on Colorado’s top line, next to high-tempo scorers Nathan MacKinnon and Martin Necas. He has matched that duo’s pace and outscored opponents 15-to-three in his top-line minutes.

It is that layer of versatile scoring that Colorado will now have to replace. They’ll, luckily, find the perfect source of offense in Trade Deadline pickup Nazem Kadri. Kadri reached his career-high in scoring – 87 points – in Colorado’s Cup-winning 2021-22 season. He has spent the last four years in a clear #1 role on a middling Calgary Flames offense. The jolt of rejoining a red-hot Avalanche club could be enough to spark Kadri’s scoring once again. He will assume Landeskog’s role on the second-line wing, at least until the Avalanche’s captain is back to full health.

Colorado sits comfortably on top of the Western Conference, with seven more points and a game in hand over the second-place Dallas Stars. Even better, they have a fairly light schedule through the next few weeks, with multiple matchups against the Winnipeg Jets, Pittsburgh Penguins, and St. Louis Blues. Those games are intercut with tough tests against the Edmonton Oilers and Dallas Stars but Colorado should have plenty of runway to find a spark headed into those games. They will lean on Kadri to adjust quick and keep the offense firing, while envisioning what their lineup could look like at full health, when Landeskog and Artturi Lehkonen are in their proper spots.

Poll: Which Deadline Day Pickup Will Make The Biggest Impact?

The 2026 Trade Deadline was stalled before it had a chance to launch thanks to a rare December blockbuster that sent Quinn Hughes across the Western Conference. Hughes has since scored 39 points in 31 games with the Minnesota Wild, putting together an impact with his new team that no player in the league could hope to match. Through a quiet Deadline, a few moving pieces could bring enough of a boost to bolster their new team’s chances of making the playoffs or contending for the Stanley Cup.

The top candidate to make a big splash is center Nazem Kadri, who rejoins the Colorado Avalanche after averaging 27 goals and 64 points per 82 games played with the Calgary Flames, across four seasons. Kadri was a constant source of offense on a Flames deep who saw their supplies diminish as the years went on. Then again, he reached his career-high in scoring with an 87-point season in 2021-22, his final year in Colorado. Kadri earned his first Stanley Cup ring that year and now rejoins the Avalanche in the middle of their best season since. He will hold an important, middle-six role either in relief of Brock Nelson‘s second-line role or in bringing a power-punch to Colorado’s depth. Leaving behind a #1 role in Calgary could kneecap Kadri’s offense but joining a team like Colorado could be enough to bring it back up.

Another easy choice is Anaheim’s acquisition of career-Washington Capital defenseman John Carlson. The deal was finalized just after 1 AM ET on March 6th, when much of the hockey world, and Carlson himself, were asleep. In the quiet of the night, Anaheim pulled off a monumental move to bring in one of the league’s top offensive-defensemen. Even in his age-36 season, Carlson has racked up 10 goals and 46 points in 55 games with the Capitals. He has proven to still be an effective scorer even into his sunset seasons, though got bumped out of Washington’s top-defender role by the emergence of Jakob Chychrun. Instead, he will head to the West coast to challenge Jacob Trouba for the role of top-right defense on the Pacific Division’s top team. He is currently nursing a day-to-day, lower-body injury but Carlson could really click with Anaheim’s fast-moving, hard-working offense when he steps into the lineup.

A pair of St. Louis Blues will look to do enough to join this list as they head to the Eastern Conference. Defenseman Justin Faulk was acquired by the Detroit Red Wings for an expensive package. The Red Wings will need to pipe him into a key role to justify their pricey buy. Luckily, they’re in need of a high-motor, third-string defender who can bring oomph behind the top pair of Simon Edvinsson and Moritz Seider. Faulk stood as St. Louis’ top defenseman, and main play-driver from the blue-line, even as his overall performances began to slip. In competition with Ben Chiarot and Axel Sandin Pellikka, it should be easy for Faulk to emerge as the caterer of offense away from Detroit’s top pair.

Meanwhile, Brayden Schenn will hope for improved minutes as he joins a playoff-contending New York Islanders club. Schenn’s role in St. Louis dwindled to a support presence in his final years, usually spent platooning the center role with one of the Blues’ young prospects. He hit an offensive wall this season as a result – just 28 points in 62 games – but is only one year removed from scoring 18 goals and 50 points, with a positive plus-minus. Schenn has slowed substantially in his mid-30s, but he remains a dangerous shooter and effective playmaker. If the Islanders can help him find some pseudo-tempo, he could be a candidate for a streak of shooting luck.

Who do you think will leave the biggest mark for his new club? Use the 2025-26 In-Season Trade Tracker to see the list of Trade Deadline day moves and vote below!

Which NHL Trade Deadline Pickup Will Make The Biggest Impact?

  • COL - Nazem Kadri, C 39% (338)
  • ANA - John Carlson, D 25% (216)
  • DET - Justin Faulk, D 17% (142)
  • NYI - Brayden Schenn, C 12% (104)
  • Other (Comment Below!) 7% (58)

Total votes: 858

Photo courtesy of Neville E. Guard-USA TODAY Sports.

Troy Murray Passes Away

Former NHL forward and longtime Blackhawks broadcaster Troy Murray passed away on Saturday at age 63, the team announced. Murray had battled cancer since first publicly sharing his diagnosis in 2021, still serving as the team’s radio color analyst for most of that time up until this season.

Murray had two separate stints in Chicago as a player, totaling nearly 700 games over 12 seasons. The first started when they drafted him in the third round in 1980, preceding a highly successful two-year stint at the University of North Dakota – including captaining Canada to a gold medal at the 1982 World Juniors – before turning pro in 1982 and immediately becoming a fixture in the Hawks’ lineup. He spent the remainder of the decade as one of the league’s top defensive centers, winning the Selke Trophy in 1985-86 while routinely putting up 50-plus points. He had five consecutive 20-goal seasons from 1984-89.

The second half of Murray’s career was as more of a journeyman, but a highly valuable one. He was traded to the Jets in the 1991 offseason for rugged defender Bryan Marchment and was immediately named Winnipeg’s captain. A year and a half later, they shipped him back to the Hawks at the 1993 deadline for a hopefully long playoff run after they reached the Cup Final the year before, but they were swept out in the first round in a significant upset by the Blues. Murray was traded twice in each of the next two seasons – first to the Senators in 1994 and then to the Penguins in 1995 – before signing on with the first-year Avalanche for 1995-96 after their relocation from Quebec. That was the last NHL season of his 15-year career, but he ended it with a Stanley Cup win, suiting up eight times in the Avs’ march to their first Cup.

Murray played one more pro season, captaining the Chicago Wolves (then of the now-defunct IHL) in 1996-97, before officially retiring. He immediately began his second act as a broadcaster and called Hawks games on WGN Radio for over two decades. While doing so, he was the president of the Blackhawks’ alumni association.

Blackhawks chairman and CEO Danny Wirtz’s statement was as follows:

The Chicago Blackhawks are deeply heartbroken today as we mourn the loss of Troy Murray, our beloved “Muzz,” and our love and support go out to his family.  

Troy was the epitome of a Blackhawk, so far beyond his incredible playing career with a presence felt in every corner of our organization over the last 45 years. He was admired by his teammates and our players, and was so proud to connect generations of Blackhawks through his work with the Blackhawks Alumni Association. He jumped at every call to support our local community with our Foundation. He never missed a chance to say ‘hello’ in our press box and always knew the perfect time for a joke just when someone around the office needed it most. And he absolutely loved bringing Blackhawks hockey to you, our fans, night after night with a dedication to his craft that never wavered to the very end.  

During his long and hard battle with cancer, it was often said that Troy didn’t have any ‘give up’ in him. While our front office simply won’t be the same without him, we will carry that spirit forward every day in his honor. We’ll miss you, Muzz.

Murray had 230 goals, 354 assists, and 584 points with a +53 rating in 915 career NHL games, including 488 points in 688 games as a Hawk. He’s 23rd in franchise history in appearances by a skater, 18th in assists, and 19th in points. PHR joins others around the game in sending condolences to his family, friends, loved ones, coworkers, and former teammates.

AHL Assignments: 3/6/25

Today’s trade deadline also has minor-league implications. Players must be on an AHL roster at 2:00 p.m. Central in order to be eligible to play in the Calder Cup Playoffs. As such, teams will be ferrying a large number of waiver-exempt players to the minors this morning and afternoon before recalling them before the end of the league day for cap counting at 4:00 p.m. That allows them to bypass the new rule that players must play at least one game in the minors after being reassigned before they’re eligible for a recall again.

Here’s the rundown of today’s reassignments that will be announced during the blizzard of other moves today:

  • The Flames will ferry winger Matvei Gridin to the Calgary Wranglers, Ryan Pike of Flames Nation reports. The 2024 #28 overall pick is in his first professional season and is already beginning to look like a natural fit in the Flames’ top nine, posting seven points through his first 18 NHL games while averaging 14:18 of ice time per night. Gridin’s 4.17 shot attempts per game are fourth on the team after Rasmus Andersson and MacKenzie Weegar were traded away. He’s also got 10 goals and 29 points in 36 games for the Wranglers, but with the Flames’ roster thinning out as they sell pieces off, he’ll be up in the NHL for the stretch run before returning to the playoff-bound Wranglers after the regular season ends.
  • The Jets announced they’ve sent winger Walker Duehr and defender Isaak Phillips to AHL Manitoba. Both may find their way back down to Manitoba on a full-time basis before the end of the season as Winnipeg gets some of its IR-bound players back in the lineup, but for now, they’ll serve as depth pieces for the Jets as they potentially subtract more talents from their roster today.
  • The Mammoth sent defenseman Dmitriy Simashev to Tucson, per PuckPedia. The 2023 sixth overall pick got into the Utah lineup for the first time since December last night. The rookie has been exceptional in the minors but has just one assist with a -9 rating through his first 25 career NHL outings.
  • The Blackhawks assigned defender Ethan Del Mastro to Rockford, per PuckPedia. He’ll be back up after being recalled earlier in the week to replace Connor Murphy on the roster after he was dealt to the Oilers.
  • The Penguins have sent down winger Avery Hayes to make him post-season eligible, per Seth Rorabaugh of the Pittsburgh Tribune-Review. The 23-year-old rookie has two goals through his first six NHL contests over the past several weeks, both of which came in his debut.
  • The Avalanche have demoted winger Gavin Brindley to the AHL’s Colorado Eagles. Brindley is in his first full NHL season after being acquired from the Columbus Blue Jackets last year, scoring six goals and 12 points in 47 games, averaging 9:51 of ice time per game.
  • The Rangers are making sure that AHL Hartford has reinforcements for the playoffs. New York has reassigned forwards Jaroslav Chmelar and Juuso Pärssinen. The former scored the first goal of his NHL career in a lopsided victory over the Toronto Maple Leafs.
  • According to a team announcement, the Vancouver Canucks have reassigned netminder Nikita Tolopilo and defenseman Cole Clayton to AHL Abbotsford. Tolopilo has been a mainstay between the pipes for Vancouver over the last little while, managing a 3-5-2 record in nine starts this season with a .901 SV% and 3.27 GAA.
  • Unlikely to make the playoffs this season, the Panthers are making sure the cupboards are stocked for the Charlotte Checkers’ playoff run. The Panthers have reassigned Tobias Björnfot and Sandis Vilmanis, allowing them to remain eligible for the postseason.
  • The Kraken have reassigned forwards Jacob Melanson and Ryan Winterton to the AHL’s Coachella Valley Firebirds. The pair have combined for four goals and 19 points in 82 games for Seattle this season.
  • According to Bill Hoppe of the Times Herald, the Buffalo Sabres have assigned Zach Metsa to the AHL’s Rochester Americans in a paper transaction. Metsa, 27, is in his first full NHL season, scoring two goals and four points in 31 games, averaging 9:45 of ice time per game.
  • The best team in the AHL may be even better during the playoffs. To maintain their eligibility for the postseason, the Grand Rapids Griffins announced that captain Dominik Shine and defenseman Axel Sandin Pellikka have been reassigned in a paper transaction.
  • According to Charlie O’Connor of PHLY Sports, the Flyers have reassigned Denver Barkey and Adam Ginning to AHL Lehigh Valley. Barkey has been an encouraging story of late, scoring two goals and 10 points in his first 26 games of NHL action.
  • Murat Ates of The Athletic confirmed that the Winnipeg Jets reassigned defenseman Elias Salomonsson to retain his postseason eligibility. Salomonsson has been relatively disappointing for AHL Manitoba this season, registering one goal and nine points in 29 contests.
  • Pushing back on the earlier report today indicating that the Canucks had recalled  Ty Mueller, Brendan Batchelor of Sportsnet shared that he won’t be joining the Canucks. Vancouver will run with a bare-bones roster tonight against the Blackhawks.
  • Missing the playoffs for the first time in a decade, the Maple Leafs are making sure AHL Toronto has additional firepower for their postseason run. According to Lance Hornby of the Toronto Sun, the Maple Leafs have reassigned Easton Cowan and Jacob Quillan in a paper transaction. Despite being a higher-regarded prospect, Cowan only has two games of AHL experience.
  • As expected, the Edmonton Oilers have reassigned forward Josh Samanski to the AHL’s Bakersfield Condors to ensure his postseason eligibility. Samanski has been exceptional for AHL Bakersfield this year, registering eight goals and 31 points in 43 games with a +6 rating.

This page will be updated throughout the day.

Avalanche Acquire Nazem Kadri

An hour after the deadline, one of the top names finally comes off the board. The Flames have agreed to send Nazem Kadri and their 2027 fourth-round pick back to Colorado for a reunion with the Avalanche, with whom he won the Stanley Cup in 2022, per Elliotte Friedman of Sportsnet. The Avs’ 2028 first-round pick, a 2027 second-round pick, winger Victor Olofsson, and the signing rights to forward prospect Max Curran are going to Calgary. Both draft picks have conditions attached. Nick Kypreos of Sportsnet adds that the Flames are retaining 20% of his salary to bring his cap hit down from $7MM to $5.6MM for the Avs. The trade is now official.

The idea of the Avalanche bringing Kadri back into the fold first surfaced last week in a report from David Pagnotta of The Fourth Period. Kadri, armed with a 13-team no-trade list, told TSN today that Colorado was “the team at the very top of my list” and was “for the most part” only interested in returning to Denver if he didn’t stay with the Flames (via Aarif Deen of Colorado Hockey Now).

Momentum toward a deal seemed to cease when Colorado traded a first-round and a fifth-round pick to the Maple Leafs yesterday for Nicolas Roy. Not only did Roy swallow up $3MM in cap space, but they traded away their top 2027 draft pick that most assumed would have to be included in any potential deal for Kadri. They’d traded away their 2026 selection at last year’s deadline for Brock Nelson. They now have no first-round choice until 2029 and haven’t drafted in the first round since taking Calum Ritchie (also traded for Nelson) 27th overall and Mikhail Gulyayev 31st overall in 2023.

The Avalanche never wanted to lose Kadri after his career year in 2021-22 fueled them to a Stanley Cup. The post-COVID flat cap environment simply made matching Kadri’s open market value impossible, though, and at age 31, he was never going to have a better opportunity to cash in on a long-term deal. Colorado had fits trying to replace him as their #2 center behind Nathan MacKinnon, rotating through lower-cost or younger names like Alex NewhookRyan Johansen, and Casey Mittelstadt until finally addressing the hole in a meaningful way by splurging for Brock Nelson from the Islanders at last year’s deadline.

Nelson has flourished this season, racking up 30 goals and 52 points in 60 games while playing over 19 minutes per night. Nelson could shift to the wing to make room for Kadri down the middle in the top six – he did spend some time on John Tavares‘ flank early in his career in New York. In any event, the Avs have an excess of options down the middle with Roy, Ross ColtonJack Drury, and Parker Kelly all able to comfortably hold things down on the third or fourth lines. If Colorado really wants to spread the wealth, it could slot in Kadri on the third line down the middle behind Nelson and look to get him extra ice time on the top power play unit to maximize his value.

Kadri, 35, owns a 12-29–41 scoring line in 61 games this year for the Flames that’s relatively uninspiring given his recent track record. He didn’t make an overwhelming first impression in Calgary with 56 points in 2022-23, but he followed that up with a 75-point year in 2023-24 and then a career-high 35 goals last season.

Kadri’s age and term remaining will be something of a concern, seeing as he’s now on the Avs’ books through 2028-29. It’s important to consider that Kadri didn’t miss a single game due to injury over his three-plus years in Calgary and last landed out of the lineup when he fractured his right thumb in the 2022 Final with the Avs. Even then, he hasn’t missed double-digit games in a season due to injury since before the pandemic.

Whatever concerns the Avs may have about Kadri’s production this year certainly weren’t enough to stop them from reacquiring him, plus an ugly 6.9% shooting clip should turn around in short order and help him get hot for Colorado down the stretch. A two-time All-Star, he’s played the least for the Avs out of his three NHL stops but reached the playoffs each time.

In contrast, no team has more premier draft picks in the next few years than the Flames. They already had an impressive stable before the deal, but now own a pair of first-round picks each in 2026, 2027, and 2028 and have eight second-rounders over the next three years as well.

They’ll take a bit of money back in the deal in the form of Olofsson, a pending UFA at a cap hit of $1.575MM. A strong finish to the year could result in an extension if he’s open to staying in Calgary; they’ll need to retain a few veteran bodies to fill out their forward group next season. He ended up being a shrewd depth pickup for the Avs last summer, scoring 11 goals and 25 points in 60 games, but became a redundant luxury they couldn’t afford after adding Kadri and Roy into the mix.

Curran won’t make a huge splash in Calgary’s already excessive prospect pool but is a nice get nonetheless. The 6’3″ center is still 19 years old and was a fifth-round pick by Colorado in 2024. Ranked as their #7 prospect entering the season by Steven Ellis of Daily Faceoff, he’s produced over a point per game over his last two seasons in the WHL and has committed to UMass for the fall before potentially turning pro in 2027-28.

Flames general manager Craig Conroy told reporters that the condition on the 2028 first is tied to the condition attached to the 2027 first they sent to Toronto in the Roy deal. That pick was top-10 protected, so in the unlikely event it falls in that range and defers to 2028, the Flames would then receive Colorado’s 2029 first unprotected. The 2027 pick they receive is the better of the Avs’ or Wild’s second-rounder (via Pat Steinberg of Sportsnet 960).

Image courtesy of Geoff Burke-Imagn Images.

Colorado Avalanche Acquire Nicolas Roy

The Colorado Avalanche have acquired forward Nicolas Roy from the Toronto Maple Leafs, in exchange for a conditional 2027 first-round pick and a conditional 2026 fifth-round pick. The conditions on both picks read as follows:

In the event Colorado’s 2027 first-round selection is in the top-10 of the 2027 NHL Draft, Colorado will send its unprotected 2028 first-round pick to Toronto. Colorado currently holds three fifth-round selections in the 2026 NHL Draft; the lowest of those three picks will be transferred to Toronto as part of the transaction.

Yesterday, Frank Seravalli reported that the Maple Leafs’ asking price of a first-round pick plus a prospect for Roy had “held steady,” and that Toronto was unwilling to retain salary at that price. The Maple Leafs ultimately got the first-rounder they sought, though the fifth-round pick will have to suffice in place of a prospect.

The move ends what was a brief tenure in Toronto for Roy, who was acquired over the summer as part of the Vegas Golden Knights’ acquisition of star winger Mitch Marner. Roy had been a solid middle-six center in Vegas, scoring 15 goals and 31 points in 71 games in 2024-25 and 41 points in 70 games in 2023-24.

His numbers took a tumble in Toronto, where he has just five goals and 20 points in 59 games, but his resume remains strong nonetheless.

That’s especially true considering he’s under contract for an additional year at an entirely affordable $3MM cap hit. Roy was also regularly playing on the penalty kill in Toronto, ranking No. 3 among Maple Leafs forwards in short-handed time on ice per game.

Roy is likely to slot in as Colorado’s No. 3 center, lining up behind Nathan MacKinnon and Brock Nelson. As previously mentioned, he excelled in a similar role in Vegas, and given the team control afforded by his contract, it appears the Avalanche have their top three centers locked in for the next two playoff runs, at the minimum. His addition could also help the already-stellar Avalanche penalty kill.

While a first-round pick isn’t a cheap price to pay for any player, it looks to be a fair one for Roy. While his numbers are down, he should be able to capably occupy the No. 3 center role with some special teams value. That’s not an insignificant role whatsoever, and adding Roy now is more valuable to the Avalanche than selecting a player with that first-round pick likely would be. Colorado is looking to maximize its odds of winning another Stanley Cup with core players such as MacKinnon and Cale Makar in their prime, and adding Roy certainly helps in that pursuit.

From Toronto’s perspective, this trade begins what could be a larger effort to sell players and regroup with an eye to the future. The offseason loss of Mitch Marner, among other factors, helped destabilize what has been a consistent regular-season juggernaut over the last decade. Toronto looks more likely than not to miss the playoffs for just the second time since 2015-16, the year they earned the No. 1 pick and right to select franchise face Auston Matthews.

Landing a first-round pick for Roy will allow the team to bolster its prospect pool, which entered the season ranked No. 27 in the NHL by Elite Prospects. The team could also flip the pick for a younger player who is at or near NHL-readiness, in order to better support a competitive timeline centered around its existing stars.

In any case, this move is one that makes considerable sense for both involved teams, and it will be interesting to see what decisions Toronto makes moving forward as it navigates a wholly uncertain future.

Photos courtesy of Charles LeClaire-Imagn Images

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