Latest On The Mikko Rantanen Trade Saga

It is a very rare feat that a player is traded in the middle of a 100-point season. One has to look as far back as Joe Thornton‘s blockbuster move from the Boston Bruins to the San Jose Sharks in 2005, or Teemu Selanne‘s move from the Winnipeg Jets to the Anaheim Mighty Ducks in 1995. It is near unprecedented that a 100-point scorer gets moved twice in the same year. But that’s exactly what transpired at the 2025 NHL Trade Deadline, after top winger Mikko Rantanen – pacing for 107 points before his first move – was dealt first to the Carolina Hurricanes and then to the Dallas Stars.

Both trades were groundbreaking. The first moved Rantanen away from the Colorado Avalanche after a decade with the organization; and the second marked the absolute peak of hurt feelings, poor fits, and extension negotiations. With the rare moves has come plenty of media attention, painstakingly scrutinizing the pair of deals from every angle. That has teased out plenty about the motivations and frustrations that drove Rantanen’s cross-country journeys.

The saga began when negotiations on a new contract extension between the Avalanche and Rantanen fell flat. The winger wanted a premium payment after posting career-years in each of the last two seasons – 105 points in 2022-23 and 104 points last year. But Colorado didn’t want to exceed their internal cap limit, and capped their offer to Rantanen at an eight-year, $93.2MM extension – or $11.65MM in per-season salary. But the Finnish wing wasn’t willing to dip that low. Rantanen conceded to take less than Edmonton Oilers star Leon Draisaitl, who earned $14MM on his own extension – but wouldn’t settle for too much lower than Avalanche co-star Nathan MacKinnon‘s $12.6MM salary.

Ultimately, it seems the Avalanche and Rantanen were roughly $1MM apart on a new deal. Rather than trying to continue sparring – or risk bending their internal cap – Colorado opted to flip their superstar without much second thought. Rantanen shared he was shocked by the sudden move, which moved him to the Hurricanes alongside Taylor Hall in exchange for Martin Necas, Jack Drury, a second-round pick, and a fourth-round pick. At the time, Rantanen told Corey Masisak of The Denver Post“I was ready to take a significant discount for my market value. We had some chats, like a couple days before. Then they traded me. That’s what happened. That’s why I didn’t expect what happened.”

Apparently, Rantanen’s frustrations over the trade boiled into his first days in Carolina. To make matters worse, he left for the 4-Nations Face-Off tournament just over a week after playing in his first Hurricanes game – uprooting him as he tried to adjust to the new setting. With so much swirling around the move, it seemed Rantanen wasn’t ever going to be comfortable in Carolina. Canes head coach Rod Brind’Amour told Sportsnet that Rantanen laid it out flat from day one, telling him “There’s four teams I’ll go play for, but [Carolina] is not one of them.” Those are harsh words for an incoming addition – and made it clear that Rantanen had no indication of re-signing in his new destination. That held true even as Hurricanes general manager Eric Tulsky began his own negotiations, reportedly offering Rantanen as much as $12.6MM and showing the flexibility to go up to Draisaitl’s $14MM mark if need be.

With that, it was back to the open market for Rantanen. He had four landing spots top of mind but the Hurricanes received rich interest from across the league. The New Jersey Devils were the first team attached to the second market, and were quickly joined by the Toronto Maple Leafs, Vegas Golden Knights, Los Angeles Kings, Florida Panthers, and Dallas Stars.

Negotiations stalled out at different points with each team, but were said to go well down towards completion with Toronto, Edmonton, and Dallas. The Leafs are said to have offered a compelling package of top prospects Fraser Minten, Easton Cowan, and draft capital for the 100-point scorer – but Carolina countered with a package involving Toronto’s own star winger Mitch Marner. Marner was unwilling to waive his full no-movement clause for the move – ultimately caving talks in.

With one Canadian club dissatisfied, Carolina moved on to talks with the Edmonton Oilers – who were able to better match Rantanen’s desires for an extension, but couldn’t put together a return strong enough to sway the Hurricanes brass. That’s certainly no surprise. Edmonton has just one pick in the top two rounds of the 2025 or 2026 drafts – a second in the latter year. Their prospect pool is also relatively scant, headlined by Matthew Savoie with little depth behind him.

Where one bed is too soft – banked on future assets and inter-conference matchups – and the other is too hard – stuffed with filler to make up for lacking future pieces – Carolina was able to finally land on a perfect middle-ground in Dallas. The Stars are quickly turning into a wagon, with star veterans Tyler Seguin and Jamie Benn continuing to perform (when healthy) while youngsters like Wyatt Johnston and Thomas Harley plant their feet at the top of the lineup. With that momentum, and a clear path to the postseason, Dallas was able to shed some layers to land a big fish. They offered Carolina high-upside youngster Logan Stankoven, two first-round picks, and two third-round picks in exchange for Rantanen – an offer far more impactful in the short and long term than Toronto or Edmonton mustered up.

But the move to Dallas wasn’t immediately fruitful. The Stars formed the framework of the trade, but needed to land an extension with Rantanen before things could go through. Dallas wasn’t nearly as liberal with their wallets as some of Rantanen’s other options, and held firm to the $12MM-per-year mark on a new deal. That number came in $500K less than what Carolina had offered Rantanen, which initially put the winger off and seemed to push the deal towards falling flat. But diligent negotiating, and surely a desire to end this saga, ultimately forced Rantanen to cave. He signed an eight-year, $96MM extension with Dallas on the day of the Trade Deadline – finally (finally) landing him in a place where he could plant his feet.

On the organizational level, it seems everyone emerged from the jungle happy. Colorado landed a major contributor in Necas, who already has 17 points in 16 games as MacKinnon’s new right-winger. Carolina may have lost that point-per-game scoring, but they reeled back in one of the league’s top 23-year-olds, and the draft capital to be satisfied even if he doesn’t pan out. And Dallas added a 100-point scorer to an organization that’s only had one – 2022-23 Jason Robertson – since 1990.

But the deal gets murky as you dig deeper. After beginning the saga with a surprising move to Carolina, Rantanen now finds himself standing directly opposite of his old battery-mate MacKinnon. Colorado and Dallas have fought for majority control of the Central Division for years, intermittently upended by the Winnipeg Jets or Minnesota Wild. It’s not exactly a two-horse race, but Dallas’ success hinges on their ability to beat Colorado in the regular and post seasons – and vice versa. The two sides have already faced off twice this season, splitting the results. They have one more meeting – on Sunday, March 16th – which will give Rantanen a chance to test out facing his former club before they likely reconvene in the playoffs. While all of Rantanen’s matches with the Stars will be closely watched – it will be those meetings against Colorado that many find the most telling, after a trade saga that dragged through months of confusion and rumors.

Photos courtesy of USA Today Sports.

Latest On Previous Mikko Rantanen Extension Talks

The Avalanche’s final offer to winger Mikko Rantanen in extension negotiations earlier this season was an eight-year, $93.2MM deal worth $11.65MM per season, Pierre LeBrun of TSN and The Athletic confirmed today. While that obviously wasn’t an offer Rantanen agreed to, it was close enough to encourage the winger’s camp to keep negotiating throughout the rest of the regular season – a plan foiled when Colorado instead opted to deal him to the Hurricanes. LeBrun reaffirms the notion at the time that Rantanen and his camp were blindsided by the deal, instead believing they were close enough in talks to continue ironing out a deal to keep him in Colorado. He also confirmed that the Canes’ offer to Rantanen was an eight-year, $100MM deal as previously reported, but that he ended up taking less in last week’s trade-and-sign with the Stars because he “just wasn’t feeling the fit in Carolina.”

Hintz To Be Further Evaluated, Fracture Believed To Be Ruled Out

Stars forward Roope Hintz has returned to Dallas to be further evaluated after sustaining an upper-body injury on Saturday against Edmonton, notes Robert Tiffin of D Magazine (Twitter link).  Head coach Peter DeBoer stated that the early indications are that the injury isn’t a long-term one while it appears as if a fracture has been ruled out as well.  Hintz had been on quite the hot streak recently; going into yesterday’s game, he had 17 points in his last eight appearances and was anchoring the top line.  While it appears the worst-case scenarios are going to be avoided, they’ll be without him tonight against Vancouver and likely a little longer than that.

Dallas Stars Sign Wyatt Johnston To Five-Year Extension

Saturday: The Stars officially announced the signing.  GM Jim Nill released the following statement:

Wyatt has established himself as one of the best young forwards in the NHL. His skill, maturity, and dedication to the game has already made him a valuable contributor and we believe he will be a huge asset for us moving forward.

Friday: According to TSN’s Darren Dreger, the Dallas Stars have agreed to a five-year, $42MM extension with forward Wyatt Johnston. David Pagnotta of The Fourth Period provided Johnston’s extension details:

  • Year 1: $4.4MM base salary, $4MM signing bonus
  • Year 2: $5.4MM base salary, $3MM signing bonus
  • Year 3: $8.4MM base salary
  • Year 4: $8.4MM base salary
  • Year 5: $8.4MM base salary

It’s not the long-term eight-year deal Jeff Marek alluded to a few days ago, but it’s still a solid bit of work from general manager Jim Nill. The likely comparable to Johnston’s negotiations was Detroit Red Wings’ forward Lucas Raymond, who signed an eight-year, $64.6MM extension in mid-September. Johnston got a comparative salary bump with an $8.4MM AAV and can walk right into unrestricted free agency after the 2029-30 NHL season.

There’s no questioning he’s earned that salary. Since debuting with the Stars in 2022-23, Johnston has scored 79 goals and 165 points in 226 games, averaging 17:02 ice time per game. That point production is the highest of the 2021 NHL Draft class by a 29-point margin. Unlike many centers in his age group, Johnston has also demonstrated maturity in the faceoff dot with a career success rate of 48.5%.

Johnston has also been an important factor for the Stars come playoff time. He tied for the team lead in scoring during last year’s postseason run, scoring 10 goals and 16 points in 19 contests. His production has been indispensable for the Stars, and it should remain that way, considering he’s 21 years old.

Next summer, questions will likely be raised in Dallas regarding the Stars’ salary cap situation. The team has added $20.4 million to next year’s cap with the recent contract extension for  Mikko Rantanen. While this shouldn’t heavily impact the team in the upcoming season—aside from possibly losing their aging captain, Jamie Bennthe long-term implications for the 2026-27 season could be concerning. Jason Robertson, who will be a restricted free agent after the 2025-26 season, is just three years away from unrestricted free agency and has proven himself worthy of a raise from his current $7.75 million salary. This could pose a challenge for the Stars in fitting his new salary within the cap at that time.

Dallas Stars Recall Lian Bichsel

  • According to a team announcement, the Dallas Stars have reassigned defenseman Lian Bichsel to their AHL affiliate, the Texas Stars. Although the reassignment came with a formal announcement from the team, it should only serve as a paper transaction for Bichsel to ensure he’s eligible for the Calder Cup playoffs. The rookie defenseman has scored two goals and three assists in 20 games for the Stars this season, averaging 14:54 of ice time per night. He’s made his presence known by averaging over four hits a game, but he’s been on the wrong end of some highlight videos early in his NHL career. Dallas confirmed it as a paper transaction later, recalling Bichsel quickly after the deadline.

    [SOURCE LINK]

Stars Acquire, Extend Mikko Rantanen On Max-Term Deal

4:00 p.m.: Official now, Rantanen is a Star. The deal is accurate as reported aside from the 2027 first-round pick being a 2028 selection instead. Both first-rounders are top 10 protected.

12:55 p.m.: The Stars placed defenseman Miro Heiskanen on long-term injured reserve today, per PuckPedia. The move opens up some additional cap flexibility with the Rantanen pickup and still leaves them with roughly $10MM in flexibility to add another asset before the deadline, assuming the move indicates Heiskanen is done for the regular season following knee surgery early last month. Additionally, Seravalli reports Rantanen receives a full no-movement clause in his contract.

11:31 a.m.: The Stars will get an extension done for winger Mikko Rantanen and acquire him in a blockbuster deal with the Hurricanes. Per Sportsnet’s Elliotte Friedman, it’ll be an eight-year contract worth $96MM, worth a cap hit of $12MM. Jeff Marek of Daily Faceoff reports Dallas is sending rookie forward Logan Stankoven and a pair of first-rounders to Carolina in return. Frank Seravalli of Daily Faceoff confirms the picks are the Stars’ own 2026 and 2027 selections, leaving Dallas without a first-round pick until 2028. The Hurricanes are also receiving a pair of third-round picks in the deal, per Emily Kaplan of ESPN. Those picks are also Dallas’ 2026 and 2027 selections, per Seravalli.

Dallas thus holds firm at their initial offer to the superstar winger, who will now be traded twice in under two months. Darren Dreger of TSN reported earlier today the $96MM offer was “well short” of what Rantanen would accept to get a deal to the Stars across the finish line. However, he’ll take the under-market value deal to join the league’s deepest offense in Dallas.

Rantanen notably accepts a lesser extension than what Carolina offered him: an eight-year contract worth at least $100MM in total with a $12.5MM AAV. He’ll likely earn more in take-home pay in a lower-tax state in Texas, but it’s still clear Dallas was a preferable long-term destination for the Finnish star.

The 28-year-old finds his long-term home in the same division as his longtime home in Colorado, where he was coming off back-to-back 100-point seasons before failed extension discussions with the Avs precipitated his move to Carolina in January. Colorado’s best offer on an eight-year deal reportedly fell in the $11MM range, so he’s getting more before-tax dollars by meandering his way toward his former Central Division rival.

Rantanen’s reputation needs no introduction, especially since the scale of a player of his caliber moving mid-season was covered extensively when he was traded to the Canes. The 2015 10th overall pick and 2022 Stanley Cup champion with the Avs has produced well over a point per game over his 10-year career, including a raucous 371 points in 299 games since the beginning of the 2021-22 campaign. On a per-game basis, only Nikita KucherovDavid Pastrňák, and Mitch Marner have scored more over the past decade among right wings.

Despite keeping up his production in Colorado whenever he was briefly separated from franchise center Nathan MacKinnon, he simply didn’t click alongside Sebastian Aho during his short stint in Raleigh. Rantanen managed just 2-4–6 in 13 games for the Canes, shooting at 5% and averaging under 20 minutes per game for the first time since the 2020-21 campaign. His possession impacts were expectedly sterling, posting a 64.1 CF% at even strength, but it just didn’t translate to the point totals he’s used to producing.

Rantanen should immediately slot in as Dallas’ first-line right winger alongside Roope Hintz and Jason Robertson, filling the hole vacated by Joe Pavelski when he retired last offseason. They’ve rotated multiple players in that role throughout the season, including Stankoven, while also elevating Evgenii Dadonov and Wyatt Johnston from their usual third-line homes at times to ride shotgun. That instability will end with the Robertson-Hintz duo receiving their most talented complement yet out of an already fairly strong group over the course of their careers.

Carolina has now remained unable to upgrade their top-six throughout the year, taking a winding road from Martin Nečas to Rantanen to now, presumptively, the 22-year-old Stankoven getting an extended run in first or second-line minutes barring a subsequent trade. They will open up roughly $3.8MM in cap space in the trade, assuming no other roster players are involved.

Stankoven is a significant loss for the Stars in this deal off their active roster. After performing well in a late-season call-up last year, he’s posted 9-20–29 in 59 showings for Dallas in 2024-25 while averaging north of 15 minutes per game. Selected 47th overall in 2021, he’s already outperforming his draft billing. He’s a significant injection to a Hurricanes pool of U-23 players that already ranks among the strongest in the league. Dallas, though, determined him expendable to land a top-line talent with names like Johnston and Mavrik Bourque still in the system as current and likely future top-six threats.

It would make sense for the Canes to flip one of the first-rounders they’ve acquired for a big-fish forward in the next few hours. They already had their entire arsenal of firsts over the next few years, a significant excess for a team in a playoff contention window.

When Rantanen’s extension is registered, the Stars will be down to $13.8MM in cap space for next season with eight open roster spots. That’s not nearly enough cash to re-sign all of their pending free agents, a list that includes Johnston on the restricted front and top-nine forwards Jamie BennMatt DucheneMikael Granlund, and Dadonov as unrestricted assets. It’s likely only one of that group will be returning next season unless they trade away a salary currently on the books for 2025-26.

Nonetheless, Rantanen’s $12MM AAV currently makes him the fifth-highest-paid player in the league next season behind Leon DraisaitlAuston MatthewsConnor McDavid, and his former teammate in MacKinnon. He will remain in a Stars uniform through the 2032-33 season and will be 36 years old when his contract expires.

Images courtesy of USA Today Sports.

Stars “Well Short” On Extension Offer For Mikko Rantanen

Late last night, the biggest domino yet to fall at the deadline saw movement. Multiple reports indicate the Hurricanes and Stars have agreed on the framework of a deal to send star winger Mikko Rantanen to Dallas just weeks after Carolina paid a premium to acquire him from the Avalanche, but it’s contingent on Rantanen and the Stars being in agreement on an extension to keep the pending UFA around past this season.

Progress on that front is minimal, significantly limiting the likelihood of the trade getting across the finish line. Darren Dreger of TSN reports the Stars have offered Rantanen a long-term deal worth upward of $12MM per season, but that’s “well short” of the player’s ask.

The Hurricanes’ efforts to extend Rantanen were similarly unproductive, sparking intense trade discussion this week to avoid losing him for nothing this summer. Elliotte Friedman of Sportsnet said last month they’d submitted an eight-year offer to Rantanen with a total value of at least $100MM, translating to an AAV of at least $12.5MM, but that he was unwilling to commit to the Carolina market.

Financials may not have been the principal issue with the Canes’ offer, but it does appear to be the issue with Dallas. Trade talks likely wouldn’t have advanced this far if Rantanen was generally disinterested in an extension with the Stars, so there’s presumably a price point at which Dallas can get this done without vastly overpaying on his market value. Whether the Stars, who need to conserve space for an extension for pending RFA Wyatt Johnston and potentially retaining captain Jamie Benn past this year, are willing to go much higher than their initial offer remains to be seen. Leading scorer Matt Duchene is also a pending UFA.

Dallas currently has $25.8MM in projected cap space for 2025-26 with nine open roster spots, per PuckPedia. An extension for Rantanen in the $13MM range annually, which is looking more like his demand, would leave the Stars with around $12.5MM in space for eight players, with Johnston likely to take at least 65-70% of that on his own. It’s not a feasible pickup for the Stars unless they’re willing to make some tough decisions about letting core pieces reach the open market or trading players with term off their roster.

Even if a Rantanen deal falls through, it’s hard to imagine Dallas is done for the day. They’ve still got holes at right defense that need filling, currently rolling out a trio of Cody CeciMathew Dumba, and Ilya Lyubushkin while Miro Heiskanen is sidelined. For now, they’ve got a good deal of cap flexibility to accomplish it with Tyler Seguin and Nils Lundkvist on LTIR, both of whom are either likely or confirmed to be done for the regular season.

Stars Working On Acquiring Mikko Rantanen, Extension Talks Underway

6:55 a.m.: As of yet, a deal is not done, cautions TSN’s Darren Dreger.  Unless the two sides can agree on an extension, Carolina may have to consider other options.  Discussions about an extension are expected to resume this morning, Daily Faceoff’s Frank Seravalli adds.

6:17 a.m.: The Hurricanes and Stars have agreed on a deal to send Rantanen to Dallas in principle, Friedman reports, but it’s contingent on an extension being agreed to or extremely close. As of early Friday morning, that hasn’t happened yet.

12:18 a.m.: The eve of the Trade Deadline has turned into a thriller. Per Sportsnet’s Elliotte Friedman, The Dallas Stars are working to land superstar winger Mikko Rantanen from the Carolina Hurricanes. News of this move comes just over an hour after division rival Colorado Avalanche acquired Brock Nelson from the New York Islanders.

This was certainly the move many were waiting for at this year’s deadline. Rantanen will leave the Carolina organization after just 13 games with the club. The Hurricanes traded top winger Martin Necas, young NHL center Jack Drury, a 2025 second-round pick, and 2026 fourth-round pick to the Avalanche in exchange for Rantanen in late January. The move came suddenly, and speculation that Rantanen wouldn’t sign the extension Carolina hoped for quickly formed. With a quick-forming impasse, Carolina has opted to flip Rantanen before their chance ran out.

Trade details haven’t yet been revealed, but the return will need to be expansive for a player of Rantanen’s caliber. He scored 25 goals and 64 points in 49 games with Colorado before his first trade. That’s an incredible 82-game pace of 41 goals and 107 points, which would have been well in line with Rantanen’s performances over the last two seasons. He was a star after just two seasons in the NHL, posting 84 points in his sophomore season. But Rantanen became a superstar in 2021-22, when he recorded 92 points in a full regular season then added 25 points in 20 games on Colorado’s Stanley Cup run. He followed it with a career-high 55 goals and 105 points in 2022-23. Even better, he showed he could do it again with 104 points last year.

Rantanen is a star – and became the preferred battery mate for Avalanche superstar Nathan MacKinnon. Now, Rantanen will face the incredibly difficult task of playing across from MacKinnon as Dallas and Colorado battle for playoff standing. Both teams seem well on their way to a postseason berth, and stand as constant threats to make a late run once they make it to the playoffs.

Dallas will certainly part with key stars in the acquisition of a multi-time 100-point scorer. But Rantanen will inevitably join a loaded offense in Texas. The Stars rank fourth in the NHL in goals-per-game (3.40) – two spots ahead of the Colorado Avalanche (3.30). Their offense is led by top shooter Jason Robertson with 27 goals and 64 points in 62 games. Robertson is backed by Matt Duchene (63 points), Wyatt Johnston (59), and Roope Hintz (52). The Stars have dazzling young stars like Logan Stankoven and Mavrik Bourque – the former a proven hot commodity and the later one of the youngest AHL MVPs of the 2000s. Neither has managed top scoring this season, which could help Dallas move on from a high-value item without hindering their top-echelon offense.

The cap implications of this move are sure to be interesting. Rantanen carries a reduced $4.625MM cap hit through the end of the season, after Colorado retained 50 percent on the original trade. That’s just narrowly more than Dallas can afford with their $4.60MM projected cap space. That could necessitate additional cap exchange in this swap. It will undoubtedly be an exciting trade – one that Friedman shares could unfold through the depths of the night.

Maple Leafs, Stars, Kings, Golden Knights, Panthers Calling On Mikko Rantanen

9:44 a.m.: Chris Johnston of TSN and The Athletic adds the Golden Knights and Panthers as teams who have made legitimate pitches for Rantanen in the last 24 hours, also moving the player to the top of his pre-deadline board. Vegas would need retention on Carolina’s part to get a deal done with $2.4MM in deadline cap space, with the Hurricanes likely targeting someone like 24-goal man Pavel Dorofeyev as part of the return. Florida wouldn’t need retention after placing Matthew Tkachuk on LTIR for what’s expected to be the remainder of the regular season, and might need to surrender top forward prospect Mackie Samoskevich to get it done. He’s recently been elevated to a top-six role in Tkachuk’s absence.

8:10 a.m.: The Maple Leafs, Stars, and Kings are three teams expressing high levels of interest in star right-winger Mikko Rantanen, Sportsnet’s Elliotte Friedman writes. After reports first surfaced last month that the Hurricanes could flip Rantanen after acquiring him from the Avalanche in a January blockbuster if extension talks weren’t productive, Carolina has “opened the door” on trade talks late this week, Friedman said. There’s a long list of teams to display interest so far – including the Devils, James Nichols of New Jersey Hockey Now said Tuesday.

It remains to be seen how willing the Hurricanes are to move Rantanen, who will likely need to agree in principle to an extension with his new club for them to land the return they desire. Carolina isn’t a seller in any capacity – they’re nine points ahead of the playoff line and have a 99.6% chance at a playoff berth, per MoneyPuck – so they’re presumably not interested in futures as the primary value in a return.

The 6’4″ Finn hasn’t been what the Hurricanes expected when they surrendered Martin NečasJack Drury, and three draft picks to acquire him and Taylor Hall in a three-team deal with the Blackhawks six weeks ago. Despite spending most of his time in the lineup stapled to star countryman Sebastian Aho‘s wing as expected, he’s scored just 2-4–6 through 12 games in Carolina with a minus-two rating.

Rantanen’s brief but underwhelming showing outside of Colorado, where he’d torched the league for 1.28 points per game since 2020, will weigh on teams’ minds as they debate how many resources they’ll commit to acquiring and extending him. With an eight-year deal, he’s virtually guaranteed to become one of the four highest-paid players in the league, surpassing Oilers star Connor McDavid‘s $12.5MM AAV and likely even former teammate Nathan MacKinnon‘s $12.6MM cap hit. AFP Analytics even projects an eight-year extension for Rantanen to cost $13.65MM per season, approaching $110MM in total value and making him the second-highest paid player in the league next season behind Edmonton’s Leon Draisaitl, who’ll be kicking off a mega-extension with a $14MM cap hit.

While there will surely be NHL players coming off the acquiring teams’ roster in a Rantanen return, the Maple Leafs are the only one of the above group who would need to make a money-in, money-out deal. Carolina, who has Rantanen on their books for $4.625MM against the cap after Chicago retained half his salary in January’s trade, can make him a $2.3MM player by retaining an additional 50%. That wouldn’t require additional shuffling on the Stars’ or Kings’ end.

Carolina will need an immediate replacement at wing in the deal. While it’s likely to be a downgrade in terms of overall reputation, they’ll still be asking for a bona fide top-six piece with other assets in the deal to make up the difference in trade value. For Toronto, that could mean parting ways with pending RFA Matthew Knies, shifting William Nylander to the left wing to replace him and casting Rantanen and Mitch Marner as their top two right wingers. Another bottom-six depth piece, potentially Calle Järnkrok, could also be out the door to help the Hurricanes replace the void left by William Carrier when he underwent lower-body surgery in late January.

The Kings have made their desire for a right-handed scorer public over the last few weeks and will pivot to second-line type names like the Islanders’ Kyle Palmieri if their efforts to land Rantanen are futile. Carolina likely demands someone like Trevor Moore in return, who erupted for 31 goals last year but has just 12 in 51 games this year. Breakout 23-year-old Alex Laferriere, who’s posted 15-16–31 in 56 games, is also an option as a centerpiece, but would require more additional assets from L.A. than Toronto would need to provide on top of the more highly-touted Knies.

Dallas, who’s already added Mikael Granlund to their forward group, has more appealing NHL-ready young talent to offer than their Western Conference rival. Either 2024 AHL MVP turned NHL full-timer Mavrik Bourque or 22-year-old Logan Stankoven could immediately slot into the Canes’ top-nine (or top-six, in Stankoven’s case), and are more in Knies’ territory in terms of long-term offensive ceiling than Laferriere and Moore.

Stars, Wyatt Johnston Discussing Eight-Year Extension

The Stars are putting forth their best effort to finalize an extension for emerging center Wyatt Johnston before Friday’s trade deadline, Jeff Marek of Daily Faceoff reports Monday. There’s a mutual desire for a maximum eight-year commitment, but Dallas’ offers have ranged between $8MM and $8.5MM annually, Marek writes.

That’s not likely enough to convince Johnston to extend before becoming a restricted free agent this summer. The 21-year-old is fourth on the Stars in goals (24), third in assists (34), and third in points (55) through 60 games. His 19:08 ATOI leads Dallas forwards and is a decent margin ahead of second-place Jason Robertson (17:45).

He’s not technically centering Dallas’ designated top line beside Robertson – that honor still goes to Roope Hintz. In fact, Johnston’s even-strength role has been on what’s technically the Stars’ third line between veterans Jamie Benn and Evgenii Dadonov. He’s also spent a good bit of time with Hintz and Robertson at even strength, though, flexing between wing and center with the former. The edge in ice time above Dallas’ other top forwards largely comes from his penalty kill usage. He’s played a major role shorthanded for the Stars this season, averaging 1:33 per game and factoring in on their top PK unit with Benn.

All this is to say that Johnston is beginning to solidify himself as Dallas’ top center, even if he’s not a first-line fixture. The Stars’ proposition that he should be in the same pay range as Hintz ($8.45MM) amid a rising cap while being seven years younger with better point production is thus an incredibly tough sell for Johnston’s camp, led by Octagon’s Andy Scott.

Among pending RFAs, Johnston’s 55 points are tied with the Jets’ Gabriel Vilardi for most in the league. Dallas must tread carefully here – with only seven forwards under contract for next season and under $25MM in projected cap space, failing to land a deal with Johnston before the summer could lead to the 2021 first-rounder garnering offer sheets north of $10MM annually. Depending on the order in which general manager Jim Nill does his business, they simply may not be able to afford to match.

That’s why it’s no surprise the Stars are trying to dial in a realistic number now to avoid it hanging over their heads down the stretch and into the postseason. There’s also the benefit of a solidified cap number for Johnston aiding their long-term planning in case they decide to add a non-rental asset on deadline day, a feasible outcome since they still have nearly $5MM in cap space available, per PuckPedia.

Johnston led the Stars in goals (10) and tied for the team lead in points (16) in their run to the Western Conference Final last season. He’s also yet to miss a game in his three-year NHL career and is on pace for a career-high 75 points.

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