Ukko-Pekka Luukkonen To Miss Olympics
According to a team announcement, Buffalo Sabres netminder Ukko-Pekka Luukkonen will miss the Olympic Games due to his lower-body injury. In the same announcement, the Sabres shared that Joonas Korpisalo of the Boston Bruins will play for Team Finland and Luukkonen’s stead.
Obviously, even though it’s never a good time to sustain an injury, it really couldn’t come at a worse time for Luukkonen. He’s been fairly healthy since missing the first month of the 2025-26 season. Still, an injury report from a few days ago indicated that Luukkonen would miss the next week of action. It’s unclear if he’ll actually be injured through the Olympic break, or if he and the Sabres agreed it would be best for him to sit it out as a precaution.
Furthermore, it was likely the expectation that Luukkonen would be Finland’s starter for the upcoming international contest. He’s managed an 11-7-2 record across 20 starts with Buffalo this season, earning a .902 SV%, 2.73 GAA, and 3.3 Goals Saved Above Average. His fellow countrymen, Juuse Saros of the Nashville Predators and Kevin Lankinen of the Vancouver Canucks, haven’t come close to matching that production.
It would have also been his first international appearance as a professional netminder. Luukkonen was technically included on Team Finland’s roster for last year’s 4 Nations Face-Off, though he didn’t participate in any action. His last time representing Team Finland in a game came back during the 2018-19 IIHF World Junior Championship. He managed a 3-2-0 record in six games with a .932 SV%.
Meanwhile, Korpisalo was the best available of the remaining options. Despite being a backup netminder with the Bruins, he was the obvious choice over Ville Husso, Justus Annunen, or Leevi Merilainen. He’s managed a 10-8-1 record in 21 games with Boston this season with a .895 SV% and 3.12 GAA.
Like Luukkonen, Korpisalo hasn’t played for Team Finland in some time. His last showing was in the 2017 IIHF World Championships, where he collected two wins in six appearances with an .858 SV%. Finland lost the Bronze medal game to Russia.
Predators GM Barry Trotz To Step Down
In a notable announcement from Sportsnet’s Elliotte Friedman, Barry Trotz will resign as the Nashville Predators’ General Manager later today. Friedman noted that since no successor has been decided upon yet, Trotz will remain as the General Manager until a replacement is found.
Until the Predators have their press conference formalizing the move, there’s no word whether Trotz will retire or continue his professional career in a different capacity. If it is the end of his hockey career, he’ll leave as one of the most celebrated sports figures in Nashville.
His first year with the team was in the 1997-98 season when he was hired as a scout. He didn’t last long in that role, as he was elevated to the team’s head coaching position ahead of the 1998-99 season. The Predators didn’t know it at the time, but Trotz would become one of the league’s longest-tenured coaches.
Serving as Nashville’s head coach for 15 years, Trotz guided the Predators to a 557-479-60-100 record in 1,196 games. Throughout the last decade of his run as the team’s bench boss, the Predators made the playoffs seven times. Unfortunately, they failed to advance past the Western Conference semifinals, being ousted by the Vancouver Canucks and Phoenix Coyotes in 2011 and 2012, respectively.
At the end of the 2013-14 season, Nashville announced that it wouldn’t be retaining Trotz for a 16th season. A month and a half later, Trotz was named head coach of the Washington Capitals, where he worked as a scout from 1988 to 1991.
His time in the District of Columbia was arguably the most successful of his career, finishing with a 206-89-34 record in 328 games. The Capitals won the Metropolitan Division in three out of four years under Trotz’s tutelage, and he guided the team to its first Stanley Cup championship in 2018. Despite the impressive climax of his tenure in Washington, he resigned as head coach later that summer due to a contract dispute.
Trotz moved quickly, signing on as the New York Islanders’ head coach for the 2018-19 season. The team reached the Eastern Conference Final in 2020 and 2021, but relieved Trotz of his duties after failing to qualify for the postseason in 2022. Being his last coaching experience, Trotz is fifth all-time in coaching wins with 914.
Without a home for the 2022-23 NHL season, Trotz moved to the front office, rejoining the Predators as a special advisor with the understanding he would become the team’s next General Manager after David Poile retired.
Despite the legendary coaching career, it’s safe to say that Trotz’s career as an executive hasn’t gone as well. Back in May, PHR’s Josh Cybulski analyzed many of Trotz’s head-scratching moves with the Predators.
It got off to a relatively good start, ridding the team of high-priced contracts for Matt Duchene and Ryan Johansen. The team used that newfound cap space rather quickly, signing Ryan O’Reilly, Gustav Nyquist, and Luke Schenn to multi-year deals.
Since then, rather than targeting veterans to fill a serious need, Trotz has seemed to throw money at the wall to see what sticks. Highlighted by the summer ahead of the 2024-25 season, the Predators signed Steven Stamkos, Brady Skjei, and Jonathan Marchessault to big-ticket contracts. Infamously, the Predators immediately bottomed out, finishing in 30th place with a 30-44-8 record.
He hasn’t done much to alter the roster in any meaningful way, since. Yes, the Predators have added a few younger players with good potential, but they’ve continued to add veterans like Michael Bunting, Erik Haula, Nicklaus Perbix, and Nicolas Hague, showing little internal direction.
Whether he faced top-down pressure from ownership or if he’s making the decision entirely on his own volition, it’s clear that Nashville is looking for a new voice to lead the front office. It allows the franchise to implement a firm refresh after being governed by the Poile/Trotz regime for the last quarter-century.
Latest On Artemi Panarin
Jan. 31st: On Saturday Headlines, Friedman expanded on his reporting from 32 Thoughts. According to the Sportsnet insider, the Hurricanes, Red Wings, Panthers, Kings, Sharks, and Capitals are interested in acquiring Panarin with an extension, with varying degrees of interest. Additionally, Friedman shared that the Ducks, Avalanche, and Stars are attempting to convince Panarin’s camp to join their respective clubs without an extension in place, treating him solely as a rental for a postseason run.
Jan. 30th: A trade market is neatly coming together after the New York Rangers announced their plan to hold star winger Artemi Panarin out of the lineup until the Olympic break. Nearly every team in the league is weighing their chances to land the former 100-point scorer, though some are getting caught up on the contingency that any trade must come with a contract extension. The market, and the hangups, were outlined by Sportsnet’s Elliotte Friedman and Kyle Bukauskas in the latest 32 Thoughts podcast episode.
Most notably, it appears many of the league’s frequent buyers will be priced out by Panarin’s extension. That is the case for each of Colorado, Dallas, Minnesota, Vegas, and Florida – though the player does have interest in joining the back-to-back Stanley Cup-winning Panthers. Panarin’s priority seems to be an extension rather than a championship, which should mean a new buyer in what’s sure to be one of the biggest trades in recent history.
While cap space is a barrier for many, building a proper trade package has proven to be an issue for the Los Angeles Kings. The Kings have leaned into stocking their cupboard of draft picks with recent moves and hold 10 picks in the 2026 NHL Draft as a result. But those pieces won’t be enough to build value next to a shallow Kings prospect pool. Meanwhile, player interest appears to be the issue for the Seattle Kraken, who are hoping to move Shane Wright for a top-six star per Friedman.
Through the fog, the Washington Capitals are emerging as early favorites. The Capitals are reportedly open to a contract extension and believed to be aggressively pursuing a deal that will work. Washington is projected to have $35.73MM in cap space this summer, per PuckPedia. That is more than enough to award Panarin with a salary at, or above, $10MM-per-season while still having the room to re-sign restricted free agent Connor McMichael.
More than that, the Capitals have the future capital to build an enticing return. Their prospect pool is led by NHL rookie Ryan Leonard, who played on a line with Rangers top prospect Gabriel Perreault for four years straight in junior hockey. Washington also has flashy scorer Andrew Cristall, productive big men Ilya Protas and Eriks Mateiko, and first-round picks Lynden Lakovic and Terik Parascak in their prospect pool. While it’s likely that multiple of those players are on Washington’s list of untouchables, the chance to make a Cup heave with Panarin could be enough to force their hand.
Friedman and Bukauskas also spoke about Panarin headed to the San Jose Sharks, adding that the player is interested in a move to the up-and-comers. San Jose making a major, veteran addition would be a major surprise. The Sharks have ranked in the bottom-three of the Western Conference in each of the last six seasons – but now find themselves in playoff contention on the back of young stars like Macklin Celebrini and Will Smith. Adding Panarin could be their chance to catch lightning in a bottle and give the 34-year-old winger a chance at a few more years of meaningful hockey.
Panarin has continued to demand respect into this season. He leads the Rangers in scoring with 19 goals and 57 points in 52 games, despite the team ranking in the bottom-six of goals scored. Panarin reached 37 goals and 89 points in 80 games last season. It was his encore performance after he vindicated back-to-back 90-point seasons with a career-best 49 goals and 120 points in the 2023-24 season. He has averaged 35 goals and 100 points per 82 games played since turning 30 in 2021. With no signs of slowing down, it appears he’ll be worth the groundbreaking trade package he seems certain to land before the Trade Deadline. This move will push New York firmly into a rebuild, and could push a new name into the group of Stanley Cup contenders.
Photo courtesy of Wendell Cruz-Imagn Images.
Patrick Kane Becomes All-Time U.S. Born NHL Points Leader
History was made tonight in Detroit as Red Wings forward Patrick Kane broke Mike Modano’s record for most points by a United States born player, as he reached 1,375, seen in a clip shared by the NHL.
The milestone was reached on a secondary assist as Ben Chiarot teed off on a one-timer, beating Washington Capitals goalie Charlie Lindgren, and tying the game 1-1.
As it was naturally a focus for the team to get their future Hall of Famer the record tonight on home ice, Kane seemingly broke it in the first few minutes of the game. He fed Alex DeBrincat for a tally in a signature play, but it was called back for offside. Nonetheless, Kane found the scoresheet midway through the second period for good.
The Buffalo, New York native takes the crown after the legendary Modano held the record for over 18 years. It was last broken by Modano on November 7, 2007 in a Dallas Stars win over San Jose, as he surpassed legendary defenseman and former Sabres Head Coach Phil Housley.
Detroit shared a video of Modano, who also donned the Winged Wheel in the twilight of his career, congratulating Kane on the accomplishment.
Kane, 37, has naturally started to slow down with age and dealing with injuries, as his 31 points in 38 games so far seems to be the new norm. However, he and DeBrincat remain as dangerous together as always, and he is still an elite power play set up man, with an 89.1% Corsi For on the man advantage.
The icon is an unrestricted free agent at season’s end, but in all likelihood, Detroit will snap their nine year postseason drought, and Kane continues to be a big part of the Wings’ revival, certainly enjoying his tenure on his third Original Six franchise.
In terms of active United States born players who could challenge the record into the future, Auston Matthews stands as the second-highest active player with 772 points in 676 games. If able to stay healthy and play into his late 30s as Kane has, with his 1,341 games so far, Matthews is right on track to reach the record.
Perhaps one day the Arizona-born sniper could take the honors, but for now, it’s proudly in the hands of Kane, who sits fourth in points among active players, behind just Sidney Crosby, Alexander Ovechkin, and Evgeni Malkin. Kane is expected to eclipse the 1,400 mark by the end of the season, as he’s hovering around 10 points behind the 39-year-old Malkin, who also continues to produce despite his age.
Although Team USA is set to take on the upcoming 2026 Winter Olympics without Kane, indicative of a new era, the 2007 first overall pick has made an indelible impact on the game, not only for United States hockey, but the National Hockey League in its entirety. Tonight proves to be another unforgettable achievement in Kane’s remarkable career.
Image Credit: Dan Hamilton-Imagn Images
Kraken Open To Trading Shane Wright
1/29/2026: A little over a week after the initial reports emerged that the Kraken were considering trading Wright to acquire a dynamic top-six scoring winger, The Fourth Period’s David Pagnotta issued an update on Wright’s situation.
According to Pagnotta, not only are the Kraken seriously considering dealing Wright, but now “word has spread” that Wright himself may also be seeking a change of scenery, and that the relationship between the player and club in this case “may be on the ropes.”
As one would expect, Wright was unwilling to go into great detail when asked by the media about his name surfacing in trade rumors. He told the media, including local outlet Sound of Hockey, that he’s “not too worried” about the reporting and speculation surrounding his future.
As we covered last week, Wright has been unable to gain the trust of first-year head coach Lane Lambert, who has thus far been unwilling to grant Wright the greater lineup role most expected him to earn this season. It could be that the slowed pace of Wright’s development has frayed the player’s relationship with his team, potentially helping pave the way for a deal that allows him to continue his career elsewhere.
1/22/2026: The Seattle Kraken are reportedly open to trading 2022 No. 4 overall pick Shane Wright as they pursue adding an impactful top-six scorer, according to David Pagnotta of The Fourth Period. Pagnotta wrote yesterday that the Kraken have “been searching for a top-six forward,” and believe including Wright in a deal could be the key to landing a caliber of player that makes a real impact on their team.
That Seattle is even considering trading Wright would have been a stunning development before the start of the 2025-26 season.
Entering the season, Wright looked well on the way to becoming a long-term core piece in Seattle.
His development path in years prior endured a few stops and starts, but 2024-25 was Wright’s first campaign as a full-time NHLer, and he blossomed.
He scored 19 goals and 44 points, the second-most points by a Kraken center and production that was just seven points behind 2022 No. 1 pick Juraj Slafkovsky.
Wright’s encouraging NHL campaign ensured he was viewed as a key cog in the Kraken’s future plans. The Athletic’s Corey Pronman ranked him as a top-25 U23 player in the entire NHL, writing that Wright “has no noticeable flaw in his toolkit” and “could be a second-line center on a top team or a fringe 1C on a lesser team.”
In a league where quality centers are always in high demand, he looked to be an asset for the Kraken that got as close to “untouchable” status as anyone on their roster. The belief was that Wright and 2023 Calder Trophy winner Matty Beniers would form a formidable backbone of two-way centers through whom the Kraken could anchor their forward lineup.
Wright’s 2025-26 season has, unfortunately, appeared to change the team’s calculus looking into the future. While Wright saw real developmental gains under former head coach Dan Bylsma, that momentum appears to have largely stalled under new coach Lane Lambert, even as Lambert keeps the Kraken in the thick of the Western Conference playoff race.
The hope for Wright was that after finishing the year as one of Seattle’s top scorers despite earning just 14:04 time on ice per game, he might be able to earn a greater role in his sophomore campaign, and something that could consequently power an even greater developmental leap.
That has not happened so far. In fact, it’s been the opposite. Wright has struggled to gain a foothold in Lambert’s lineup, averaging just 13:43 time on ice per game, with a second-unit role on the power play and no role on the penalty kill.
For a variety of reasons, including his role, Wright’s production has declined steeply. He’s scored 17 points in 49 games, which is just a 28-point 82-game scoring pace. His shooting percentage appears to be a major culprit, as he converted shots into goals at a nearly 21% rate last season, but is hovering at 9.3% this year.
Wright’s shooting ability was generally assessed by scouts to be his most high-end offensive tool, so the fact that he is struggling to find the back of the net this season only compounds concerns about the current state of his development.
With Wright’s current situation in mind, it can’t be a huge surprise to see his name surfacing in trade rumors. It may have come as a great surprise entering the season, but Wright’s development appears to have stalled to the point where a trade is only a natural thing to consider.
Whether that would be the best idea for the Kraken is, of course, a matter of debate.
On one hand, Wright remains an undeniably talented center on a team still short of high-end pivots. While his struggles this season may have shifted his projection in the eyes of some evaluators, the reality is he is still just 22 years old. There’s still reason to believe he can end up becoming the high-end second-line center scouts have long believed he’d develop into.
Impactful two-way top-six centers don’t grow on trees, and any deal involving one, even a potential future player for that role, becomes a difficult deal to win.
Trading Wright this season would also be, undeniably, “selling low” on a player who was a premium draft pick and high-end prospect. This season has been the low point of Wright’s career since being drafted, so it would be an inopportune time for Seattle to trade him, from a pure value standpoint.
On the other hand, the Kraken could badly use a dynamic offensive creator, and even the high end of Wright’s projection doesn’t include a realistic possibility of him becoming one. Centers are in demand across the NHL to a severe degree, and even with his struggles in 2025-26, Wright still figures to command a significant amount of value if dealt. There’s no doubt that if he were dangled in a trade, the Kraken would have the buying power to be able to land the kind of winger that fits their clear need for a dynamic offensive creator.
When considering what kind of player the Kraken could target if they indeed shop Wright, they could either leverage his age, pedigree, and positional value to land a more established scorer than Wright is at this moment (perhaps even adding other assets to swing a deal for as high-end of a target as possible), or they could target a winger in a similar developmental situation to Wright who happens to better fit the kind of talent profile they’re targeting.
If they elect to pursue the latter tactic, a name such as Columbus Blue Jackets forward Kent Johnson checks a lot of boxes. He was the No. 5 pick of the draft before Wright’s, and like Wright, appeared to be nearing “untouchable” status in his market after 2024-25.
He scored 57 points in 68 games, looking every bit like the hyper-skilled, dynamic offensive creator he was drafted to be. Also like Wright, Johnson’s 2025-26 season has been virtually unrecognizable compared to the year prior.
A player such as Johnson, even with his struggles this season, would require a significant trade asset in order to pry loose — which is where Wright could come into the picture. The idea of a Wright/Johnson deal is entirely speculative, of course, as there have been no firm reports of who Seattle might be targeting specifically.
But when examining the league-wide landscape for players who could be a fit in a Wright deal, his name emerges as an intriguing possibility, as both players look like they could benefit from a change-of-scenery transaction.
Regardless of what player Seattle might target — or if they end up even trading Wright at all — Pagnotta’s report underscores how important Wright is to the Kraken’s future.
He’s either going to get his development back on track and become a valuable two-way pivot in Seattle, or the team will leverage his trade value to acquire an impactful roster addition. Either way, his progress is one of the key storylines to watch in Seattle moving forward.
Photos courtesy of Charles LeClaire-Imagn Images
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.
Red Wings Sign Ben Chiarot To Three-Year Extension
12:45 p.m.: Chiarot will earn a flat $3.85MM salary each season of the deal, PuckPedia reports. The contract includes a full no-trade clause from 2026-27 until 28 days prior to the 2028 trade deadline, when it converts to a 10-team no-trade list. That 10-team no-trade list remains through 2028-29, the final season of the deal.
8:06 a.m.: The Red Wings announced they’ve signed defenseman Ben Chiarot to a three-year extension worth $3.85MM per season. That’s a total value of $11.55MM for Chiarot, who was set to be an unrestricted free agent this summer.
Chiarot could have tested the market as one of the top left-shot defensemen available in what looks to be a paper-thin class. It would have been his third trip through unrestricted free agency, previously landing a three-year, $10.5MM commitment from the Canadiens in 2019 and then his current four-year, $19MM contract with Detroit in 2022. He’s one of the last few Thrashers draft picks sticking around the league, selected in the fourth round by Atlanta in 2009 before eventually breaking into the league with the Jets after they relocated to Winnipeg.
While the Thrashers didn’t reap the rewards, it’s safe to say they’ve gotten great value out of a mid-round pick. He’s been a lineup staple for Winnipeg, Montreal, Florida, and Detroit since first emerging as a full-time option in the 2014-15 season, often serving as the complementary defensive-minded piece on a pairing with Dustin Byfuglien.
It wasn’t until signing in Montreal that he began to be viewed as a bona fide top-pair piece, though. He quickly averaged over 23 minutes per night for the Habs as his all-around usage expanded, and he ended up playing a significant role in their underdog run to the 2021 Stanley Cup Final. His surface numbers that season were uninspiring – just nine points and a -22 rating in 63 combined regular-season and playoff games – but the fact that he averaged over 25 minutes per game in the postseason and his physical brand of play ended up boosting his stock significantly around the league. He was valued highly enough to net Montreal a first-round pick when they flipped him to the Panthers as a rental at the following season’s trade deadline.
Since signing in Detroit, though, the shine has largely worn off. What were once passable, if not downright promising, under-the-hood numbers have faded. Chiarot has long struggled to produce good two-way results in what’s been a difficult possession environment in Detroit, controlling under 45% of shot attempts at even strength through the first three seasons of the deal. He quickly lost out on a top-pairing job alongside Moritz Seider to Jake Walman and, now, Simon Edvinsson, although he’s temporarily back up in top-pairing deployment with Edvinsson hurt.
Chiarot’s game has recovered to some degree this year. With a +1 rating and 11 points in 54 games, his on-ice results are the best they’ve been since signing with the Wings. That’s with him averaging 21:07 per game, third on the team behind Seider and Edvinsson, and he ranks second on the Wings in both blocks (113) and hits (109).
His possession numbers still leave much to be desired, though, and they can’t be explained by aggressive defensive zone deployment at even strength. In fact, Chiarot’s 51.9 dZS% is the second-most favorable number among Detroit defensemen behind rookie Axel Sandin Pellikka. Those two have formed Detroit’s second pairing for much of the year, controlling 45.9% of expected goals but still managing to outscore opponents 24-22, per MoneyPuck.
All that suggests Chiarot’s brief resurgence could be more mirage than longer-term promise. With that in mind, a three-year commitment seems aggressive to retain the 34-year-old. The dearth of potential UFA replacements, though, didn’t leave the Wings with many other options. Most of their defensemen in the pipeline with legitimate promise have already graduated to NHL roles, and the ones that haven’t wouldn’t be ready to succeed Chiarot in top-four duties next season. Save for a trade pickup, retaining him at a reasonable cap hit – even if the multi-year term will raise some eyebrows – was the easy move to make.
The Wings are still in a great spot, cap-wise, for next season. They have $38.8MM in space with 15 roster spots already accounted for, per PuckPedia. A good chunk of that money will need to be earmarked for Edvinsson, a pending RFA, but that’s still plenty of spending money.
Image courtesy of Brian Bradshaw Sevald-Imagn Images.
Islanders Acquire Ondrej Palat
6:45 PM: As expected, Ondřej Palát has been traded, as the New York Islanders acquire the veteran along with draft picks. Maxim Tsyplakov is headed to New Jersey, while the Islanders also bring in a third-round pick in 2026, as well as a sixth-round pick in 2027, according to TSN’s Pierre Lebrun.
There is no salary retention involved, as the Islanders inherit Palát’s full $6MM cap hit, reported by David Pagnotta of The Fourth Period.
After long-standing efforts from New Jersey to move on, Islanders general manager Mathieu Darche brings in a familiar face in Palát, having spent several years together in Tampa Bay. The veteran shows a willingness to join the nearby club, being dealt despite a no-movement clause, where he will now try to help New York secure a spot in the postseason this spring.
Meanwhile, the Devils can finally turn the page, coming away with just under $4MM off the books, in what could prove to be a first step in more moves to come. Along with surrendering the draft picks, the team brings in Tsyplakov’s $2.25MM cap hit, which runs through next season. The 27-year-old has just two points in 27 games this season, originally coming over in 2024 after a 31-goal campaign in the KHL.
Tsyplakov, 6’3″, was effective in his first North American season, notching 35 points in 77 games in 2024-25, serving as an energy winger with some skill. The Russian finished the season ranked second on the team in penalty minutes, with 39, but has shown considerable improvement this year in avoiding infractions. However, due to the additions of Maxim Shabanov and Jonathan Drouin, New York had limited opportunites for Tsyplakov to showcase his offensive ability, needing him to be a more physical power forward, a role which proved not to be a fit.
Along with his 155 games of playoff experience, leading the team by a considerable margin, the Islanders are bringing in a winger more capable of bottom six contributions. As is well known to this point, Palát is not the player he once was, with 10 points in 51 games, but the 34-year-old has remained healthy this season and remains a solid utility winger.
Criticizing poorly-aging free agent deals of the past with the benefit of hindsight is a tired point, however, from the beginning, questions were raised on how Palát would age into his five-year deal. At the time, the Stanley Cup winner was expected to help along Jack Hughes and Nico Hischier, but the wear-and-tear of three straight deep postseason runs with the Bolts played a factor into his Devils tenure. Dealing with injuries, the former seventh-round pick has seen his role gradually diminish, and concludes his time in Newark with a season-best of just 31 points. Palát was unable to adequately compliment the likes of Hughes and Hischier, which was a must at such a price point.
Tsyplakov figures to be a useful bottom-sixer for the Devils moving forward, now seeking to turn the page under Head Coach Sheldon Keefe and return to his form from last year.
Darche and the Islanders have been busy over the past few days supplementing their group. Just yesterday, he swung another deal with his other nearby rival, acquiring defenseman Carson Soucy from the Rangers for a 2026 third-round pick. Now with today’s move, the club replinishes their lost selection, also bringing in a motivated veteran.
Palát joins the Islanders at an exciting time, as they’re slated to have a home-and-home with the Rangers tomorrow and Thursday. On the other hand, Tsyplakov could debut for New Jersey as soon as Thursday, as his new club hosts the Predators.
5:30 PM: It appears the Devils are close to finding a trade partner for winger Ondřej Palát. The team is holding him out of tonight’s game against the Jets for “roster-related reasons,” per the team’s Amanda Stein.
The Devils’ efforts to shed Palát and his $6MM cap hit have dated back to last summer. Those only intensified into the season as New Jersey was close to the cap and attempting to make a splash on the trade market – widely assumed to be Quinn Hughes – but ended up not being able to pull the deal off. Not only does finding a willing taker for the declining veteran’s contract prove difficult, but he can block most moves with his 10-team no-trade list and no-movement clause.
Evidently, Devils general manager Tom Fitzgerald has now found a team that’s not on Palát’s no-trade list and is willing to take on all or most of his deal, which expires after next season. The 34-year-old inked a five-year, $30MM deal with N.J. in free agency back in 2022 on the heels of three straight Stanley Cup Final appearances with the Lightning. He was also coming off three straight 40-point seasons, but never managed to hit that mark in a Devils sweater.
From the start, his production simply wasn’t there. Injuries took away nearly half of his first season in Newark, and last year, he only averaged 13:45 of ice time per game with 15 goals and 28 points in 77 contests. He averaged 55 points per 82 games during his 10 years in Tampa, but that number is down to 30 in Jersey. This year, he’s mustered 10 points in 51 games for a career-worst pace.
With that in point, Palát’s contract comes across as squarely a negative-value one that the Devils will be offloading an asset to move, even if they’re retaining a little bit of cash. While his possession impacts were something of a saving grace over the first two years of the deal, those, too, have now declined. New Jersey has controlled under 50% of shot attempts with Palát on the ice at 5-on-5 dating back to last year.
Elliotte Friedman of Sportsnet was the first to officially break the deal.
Image Credit: John Jones-Imagn Images
Pro Hockey Rumors’ Bradley Keith also contributed to this article.
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.
Avalanche Sign Sam Malinski To Four-Year Extension
The Avalanche announced they’ve signed defenseman Sam Malinski to a four-year contract extension. It carries an average annual value of $4.75MM for a total commitment of $19MM, Sportsnet’s Elliotte Friedman reports. He was set to become an unrestricted free agent this summer.
Malinski’s deal is paid almost entirely in base salary aside from a $1MM signing bonus in 2029-30, the last year of the deal, per PuckPedia. His salary breaks down as $5.5MM in 2026-27, $4.5MM in 2027-28 and 2028-29, and $3.5MM in 2028-29. He has a full no-trade clause from 2026-28 before downgrading to a 10-team no-trade list in 2028-29 and a six-team no-trade list in 2029-30.
It’s a big deal amid a big breakout for Malinski, who, at age 27, is in just his third professional season. Colorado signed the 5’11” righty as an undrafted free agent out of Cornell in 2023. He spent his first year in the organization bouncing between the NHL and AHL before obtaining a more stable role as a bottom-pairing threat last season.
This year, he’s still operating as the Avs’ third-pair righty behind Cale Makar and Brent Burns (Josh Manson has shifted to his offside on the second pairing), but his results have been those of a top-four piece. With 24 points in 50 games, he’s tied for 38th in the league in scoring among defenders, and his +26 rating is tied for sixth in the NHL. No one in the league has done more with less – among D-men at or above Malinski’s production, they’ve all averaged at least 19 minutes per game, while Malinski skates just 16:43 per contest.
Colorado’s multiple layers of starpower are impossible to ignore, but it’s the immense success of players near the bottom of the lineup like Malinski this season that have the Avs cruising toward their fourth Presidents’ Trophy in franchise history. Most frequently paired with Samuel Girard, they beat out both Makar’s and Burns’ pairings in expected goals against per 60 minutes at 2.24, per MoneyPuck. They’ve controlled 56.6% of them overall and have outscored 18-10 at 5-on-5.
It’s hard to overstate the uniqueness of Malinski’s path to this point. Initially draft-eligible way back in 2016, he spent the following season with his high school team in Minnesota. Only in his DY+2 did he jump to junior hockey, spending most of the next two seasons in the Tier II North American Hockey League with Bismarck before enrolling at Cornell as a 21-year-old freshman. Players with such a delayed development curve are usually long shots to even get an NHL call-up, let alone become a stable contributor on a Stanley Cup favorite.
Now, he cashes in throughout his prime while the Avs retain a potential succession policy to the 40-year-old Burns, who’s been spectacular after inking a one-year deal last summer. With Makar and Girard set to become UFAs in 2027 and Manson in 2028, Malinski is now the team’s second-longest signed defender behind Devon Toews, whose deal expires in 2031.
Image courtesy of Jerome Miron-Imagn Images.