Headlines

Go To MLB Trade Rumors
Go To Hoops Rumors

Newsstand

Latest On Mikko Rantanen Extension Negotiations

at CDT | by 21 Comments

In last night’s rendition of ’Saturday Headlines’ with Sportsnet’s Elliotte Friedman, the NHL insider provided an important update on the ongoing extension negotiations between the Carolina Hurricanes and Mikko Rantanen.

Friedman shared that the Hurricanes’ front office met with Rantanen’s representatives during the 4 Nations Face-Off break to discuss where both sides were on a potential extension. Carolina has put a firm offer on the table and Friedman believes the total salary is in the nine figures. Rantanen would become the eighth player in NHL history to sign a deal worth $100MM or more joining Alex Ovechkin, Leon Draisaitl, Shea Weber, Sidney Crosby, Nathan MacKinnon, Connor McDavid, and Ilya Kovalchuk.

However, Rantanen doesn’t appear close to deciding either way. Friedman noted that he’s still dealing with the whirlwind of emotions that came along with being traded from the Colorado Avalanche on January 24th. The update doesn’t mean that Rantanen won’t ultimately sign a big-ticket extension with the Hurricanes, but he’s understandably hesitant to decide on spending the next eight years of his life with a team he’s been a part of for one month.

Although Rantanen is a few months away from becoming the biggest free agent name in recent memory, he has earned the right to choose his destination for the foreseeable future. Still, whether it’s his right or not, his decision, or lack thereof, has put Carolina in a difficult spot.

Unlike the hodgepodge of prospects the Hurricanes dealt to the Pittsburgh Penguins last season for rental winger Jake Guentzel, Carolina parted with high-level assets for Rantanen. Martin Nečas had been flirting with the Art Ross Trophy for much of the season and Jack Drury is more than efficient in his role as a third-line center. The Hurricanes could have a hefty dosage of buyer’s remorse should they lose Rantanen to free agency this summer (although a Stanley Cup championship may numb the pain).

The lack of immediate extension in Carolina has some insiders believing the Hurricanes may opt to trade Rantanen at the deadline rather than lose him for nothing. Carolina can bring Rantanen’s salary down to an impressively affordable $2.31MM should they retain another 50% opening his market to an entirely new audience. Unfortunately for the Hurricanes, it’ll be difficult to recoup a player of similar value given their cap situation, almost guaranteeing they’ll be worse off for the 2025 Stanley Cup playoffs.

Carolina could target NHL-ready talent in a ’Moneyball-esque’ way of recreating Rantanen’s ability and talent by committee. Still, given the value of above-average entry-level contracts on a contending team’s roster, it’ll be difficult to find a team willing to move those assets for a few months of Rantanen despite his game-changing talent.

The only thing entirely known is that time isn’t on the Hurricanes’ side. Carolina has a tight window to decide on Rantanen’s future given that there are less than two weeks until the deadline. The best approach may be to put as much pressure on Rantanen and his representatives this week (without completely alienating him), and begin contacting interested teams should they fail to ink an extension by the week of the deadline.

Flames Expected To Activate Connor Zary, Kevin Bahl

at CDT | by 3 Comments

The Calgary Flames are expected to activate forward Connor Zary and defenseman Kevin Bahl off of injured reserve ahead of Sunday night’s game, per Pat Steinberg of Sportsnet 960. Zary has sat out of Calgary’s last 15 games with a knee injury, while Bahl missed the last eight games. Both players have served impactful roles this season, making their returns a notable addition to a Flames lineup just three points back from a Western Conference Wild Card.

Of the pair, Bahl has been the more utilized Flame so far this year. The 24-year-old defender joined Calgary in the trade that sent Jacob Markstrom to New Jersey this summer, and quickly claimed a top-four role in his new setting. He’s posted a tame stat line, with 14 points, a plus-one, 29 penalty minutes, 67 hits, and 79 blocked shots through 47 games this season – while spending much of it lined up next to top Flames defender Rasmus Andersson. That premier partnership has helped Bahl’s average ice time jump north of 21 minutes, nearly four minutes more than he averaged in New Jersey last season. While he still has improvement to go, this season has been Bahl’s first making a top-of-the-lineup claim, after last season marked his first full season in the NHL. He should quickly return to that top-pair role when he’s able to return, likely bumping Ilya Solovyov out of the lineup.

Zary’s bid back into the lineup will be a bit tougher to anticipate. The Flames added Joel Farabee and Morgan Frost and parted ways with Andrei Kuzmenko via trade during Zary’s absence. That’s sparked a lineup shakeup that Zary will now have to find his footing within. Farabee and Frost have filled a third-line role alongside Yegor Sharangovich, which should leave a top-six role next to Mikael Backlund and Blake Coleman open for Zary. But the young forward will need to earn his footing. He has 10 goals and 22 points in 40 games this season, a slight uptick to the 14 goals and 34 points he scored as a rookie last year. If Zary can continue to grow that scoring upside, and his knack for making big plays – his return could be the piece that solidifies Calgary’s top-nine as a group to envy. But tepid offense could be the piece that necessitates further changes.

The pair of returns will give Calgary their first chance to see their roster at full-strength after their trade with Philadelphia. Zary and Bahl are two young, impactful pieces of the Flames lineup – and stood as two of the biggest bright spots on the year before they fell to injury. How the lineup performs amid their return will be closely scrutinized, as Calgary hones in on a potentially lucrative Trade Deadline.

Jets Sign Vladislav Namestnikov To Two-Year Extension

at CDT | by 1 Comment

The Jets have taken one of their pending unrestricted free agents off the market for this summer.  They announced that they have signed forward Vladislav Namestnikov to a two-year contract extension worth $3MM per season beginning in 2025-26.

The 32-year-old showed some promise offensively early in his career with a 48-point season in 2017-18.  However, he hasn’t been able to reach those numbers since then, resulting in him becoming a bit of a hockey nomad, spending time with eight different teams between that season and the 2022-23 campaign.  The Jets were the last team out of that group as they acquired him as a rental at the 2023 trade deadline and liked what they saw, giving him a two-year, $4MM contract on the opening day of free agency that summer.

The contract has worked out well for both sides.  While Namestnikov still hasn’t gotten back to his top offensive numbers, he has become a reliable secondary scorer for Winnipeg.  Last season in his first full year with the Jets, he picked up 11 goals and 26 assists in 78 games, good for the second-highest point total of his career.  Notably, he also spent considerable time at center after spending most of the previous few seasons on the wing.

Namestnikov is on pace for a higher offensive output this year.  Through 52 outings this season, he has 10 goals and 19 assists while logging just under 15 minutes a night of playing time.  He has been a regular at center this year and has improved his faceoff percentage by 9.5% compared to a year ago although it still checks in as below-average at 45.8% on the campaign.  Nonetheless, becoming a reliable middle-six player who can play down the middle certainly helped Namestnikov’s cause in contract talks, allowing him to get a 50% raise on this new agreement to keep him in the fold.

With the deal, Winnipeg now has roughly $55.6MM in commitments on the books to 14 players for next season, per PuckPedia, giving them a little under $40MM in space to work with.  They do, however, still have a pair of notable pending UFAs to deal with, including winger Nikolaj Ehlers and defenseman Neal Pionk, both of whom are in line for pricey long-term contracts this summer.  In the meantime, they’ve helped shore up their forward depth for the next two years by keeping Namestnikov around.

Namestnikov’s agent Dan Milstein first reported the deal while Sportsnet’s Elliotte Friedman was first with the financial terms.

Photo courtesy of Imagn Images.

Flames Waive, Reassign Tyson Barrie

at CDT | by 10 Comments

Feb. 21, 1:43 p.m.: Barrie cleared waivers Friday, per PuckPedia. The AHL’s transaction log reflects he’d been loaned to the Wranglers.

Feb. 20, 1:04 p.m.: Barrie has indeed hit waivers, Elliotte Friedman of Sportsnet reports.

Feb. 20, 11:52 a.m.: The Flames will place defenseman Tyson Barrie on waivers today, per Frank Seravalli of Sportsnet. If no team issues a claim, he’ll head to AHL Calgary.

Saying Barrie has barely played this season would be an understatement. After catching on in Calgary on a camp tryout and subsequently landing a one-year, $1.25MM deal, the 33-year-old has failed to mesh. He’s made just 13 appearances despite remaining healthy for the entirety of the campaign, recording a goal and two assists with a minus-seven rating while averaging 15:48 per game, the lowest deployment of his 14-year career.

Between mid-November and mid-January, Barrie went more than two months without playing, eventually seeing two games of AHL ice on a conditioning stint that didn’t require waivers. He posted another goal and two assists in those contests and was back in the NHL less than a week later. He’s skated in four games since that conditioning stint wrapped up but, despite recording an assist in his return against the Capitals on Jan. 28, posted a negative rating in all of those appearances. He was again scratched for three of Calgary’s final four contests before the 4 Nations Face-Off.

Thus, the Barrie experiment with the Flames is all but over. They recalled youngsters Yan Kuznetsov and Ilya Solovyov from the minors yesterday, so they’ll be the ones responsible for taking over the veteran’s limited NHL minutes.

Whether anyone wants to take a flyer on the former top-four option, who had 55 points as recently as two years ago with the Oilers and Predators, remains to be seen. The 2009 third-round pick has a 110-398–508 scoring line in 822 career appearances with Colorado, Edmonton, Nashville, Toronto, and Calgary, ranking ninth in scoring among defensemen since he debuted in the 2011-12 campaign. His career -83 rating is also the 10th-worst among D-men during that span, though, and power-play points have accounted for 42% of his career total.

Waiving Barrie gives the Flames the roster spot they’ll need to activate Connor Zary from injured reserve ahead of their return to play this weekend against the Sharks. Zary’s missed 15 games with a lower-body injury but has practiced with Calgary this week, so he may be an option.

Image courtesy of USA Today Sports.

Blue Jackets Activate Boone Jenner, Kirill Marchenko Off IR

at CDT | by Leave a Comment

The Blue Jackets lineup will get a considerable boost from the 4 Nations break. Captain Boone Jenner and team goals leader Kirill Marchenko have been activated off injured reserve and will play against the Blackhawks tomorrow, the team announced. In a corresponding transaction, depth winger Kevin Labanc is headed to IR after shoulder surgery on Tuesday and will miss the remainder of the season.

Jenner, 31, will be making his season debut. The 11-year veteran needed shoulder surgery after taking a nasty spill into the boards during a practice late in training camp, keeping him out of the lineup for over four and a half months. Coming off the heels of his first career All-Star Game appearance, the Jackets lifer has now averaged over 20 minutes per game for three consecutive seasons while scoring north of 20 goals each time.

Injuries have become standard for Jenner, who hasn’t touched the 70-game mark since before the pandemic. But he’s produced at a 31-goal, 55-point clip per 82 games since the 2021-22 campaign, providing strong possession metrics despite what his -51 rating over that time may indicate. While overtaxed in a first-line role, he’s a strong middle-six center with a well-rounded game. He’s served as Columbus’ captain since the 2021-22 season, succeeding Nick Foligno, and has worn a letter for them since 2015-16.

Outside of his off-ice impact, his return is a needle-mover for a Blue Jackets forward group that remains without top center Sean Monahan, who had 41 points in 41 games before a wrist sprain paused his season in early January. He’s not expected back until after the trade deadline. Columbus also has emerging winger Yegor Chinakhov on IR, who had 14 points through his first 21 games but hasn’t played since late November due to an upper-body injury and doesn’t have a timeline for a return.

Notably, Jenner may not be returning to his natural center position. PuckPedia projects him as the Jackets’ second-line left wing alongside youngsters Cole Sillinger and Kent Johnson, while sophomore Adam Fantilli continues in a first-line role in Monahan’s absence. Fantilli, the 2023 third-overall pick, has 6-7–13 in 15 games without Monahan.

He spent a few of those games without Marchenko, now a top-line fixture, on his wing. The 24-year-old winger took a puck to the jaw against the Stars on Feb. 2 and required surgery, keeping him out of the lineup for three games. He’ll undoubtedly be wearing a full shield upon his return, but his raucous 21 goals and 55 points in 53 games are a must-have as the Blue Jackets look to continue their improbable push up the standings and unseat the Red Wings for the second wild-card spot in the East. They’re one point back of Detroit but have played one more game than the Wings, making next weekend’s outdoor game at Ohio State between the two a must-watch.

Yet Columbus can’t have good news on the injury front this season without a small step back. Labanc’s role in the lineup leading into the break had been minimal, serving as a healthy scratch in nine of the Jackets’ last 10. However, undergoing surgery indicates he wasn’t fully healthy unless he sustained an off-ice injury over the break. While his deployment has been limited, he’s been an effective depth scorer when in the lineup. The ex-Sharks forward had 2-10–12 through 34 appearances, averaging 10:30 per game, and actually sported the third-best Corsi share among Columbus skaters at even strength at 52.6%. While not the fringe top-six piece he was years ago in San Jose, the 29-year-old had been playing solid hockey after signing a one-year, league-minimum deal in early October.

The Jackets have 12 forwards on the active roster following today’s moves, indicating Joseph Labate will make his Columbus debut this weekend after being recalled from AHL Cleveland yesterday. Luca Del Bel Belluz and Mikael Pyyhtia, who had played regularly for the Jackets leading into the break, remain on AHL assignments for now.

Canucks Sign Kevin Lankinen To Five-Year Extension

at CDT | by 13 Comments

The Canucks announced they’ve agreed to terms with pending UFA goalie Kevin Lankinen on a five-year, $22.5MM extension. It’ll keep him in Vancouver through the 2029-30 season with a cap hit of $4.5MM. $8.5MM of his total compensation will be paid via signing bonuses, Rick Dhaliwal of CHEK and The Athletic reports. The full breakdown of the deal is as follows, per PuckPedia:

2025-26: $2.5MM base salary, $2.5MM signing bonus, no-move clause
2026-27: $4MM base salary, no-move clause
2027-28: $3MM base salary, $2MM signing bonus, 15-team no-trade clause
2028-29: $2.5MM base salary, $2MM signing bonus, 15-team no-trade clause
2029-30: $2MM base salary, $2MM signing bonus, 15-team no-trade clause

Lankinen, 30 in April, was set to be one of the top options on the open market among goaltenders this summer after the Capitals retained Logan Thompson on a six-year deal. He’s seen a massive jump in market value since his spin on the UFA market last summer when he had to wait until after training camp started to land a one-year, $875K deal in Vancouver.

It’s a testament to the success Lankinen has enjoyed this season with the Canucks, who likely aren’t in postseason position without him. The Finland native had been an above-average backup to Juuse Saros with the Predators for the past two seasons. He was an inconsistent 1B option with the Blackhawks before that, hovering right around league average for his career with a .905 SV% in 112 appearances for Chicago and Nashville from 2020-21 to 2023-24.

Lankinen hasn’t been world-beating in his third NHL stop in Vancouver, but he has shown the ability to keep up solid numbers in extended usage. He’s started 32 of the Canucks’ 55 games amid continued injury woes for 2024 Vezina runner-up Thatcher Demko, on pace to shatter his career-high of 37 set in his rookie season with Chicago. He’s logged a .905 SV% and 2.53 GAA, numbers that look more impressive than in years past, thanks to dwindling league averages, but they’ve also come behind decent team defense. Factoring in his playing environment amid netminders with similar workloads, his performance looks more pedestrian. His 2.58 expected goals against average is the sixth-lowest out of the 48 goalies to play at least 20 games this season, per MoneyPuck. Considering that comparatively easy workload, his 1.6 goals saved above expected only rank 28th out of that 48-player group.

That makes a $4.5MM annual commitment for the rest of the decade look like fair compensation at best and a risky bet at worst. Thanks to a quickly rising salary cap, it should age far better than similarly-priced deals over the past few seasons. Still, Lankinen’s age and broadly consistent play over the past few years means he is what he is – a decent, but not great, option between the pipes who can sniff 40 starts. Considering his AAV is only $500K less than what emerging Kraken starter Joey Daccord landed on his recent extension, there’s undoubtedly a bit of sticker shock when combined with the five-year commitment and extensive trade protection.

He is an acceptable insurance option if Demko’s health continues to pose long-term concerns as he enters the final year of his contract in 2025-26. The two-time All-Star missed the first 24 games of the season with the popliteus muscle injury he sustained in Game 1 of Vancouver’s 2024 postseason run, another two in January with a back injury, and is now listed as week-to-week with a lower-body issue coming out of the 4 Nations Face-Off break. Understandably, his numbers haven’t been great when healthy this season. He’s got a .891 SV% and 2.87 GAA with a 6-6-3 record in 17 appearances, but he’s faced far worse defense than Lankinen and has still managed to save a goal above expected, according to MoneyPuck. On a per-hour basis, Demko has fared slightly better with a 0.064 GSAx/60 compared to Lankinen’s 0.048. However, it’s still a far cry from last year’s elite .918 SV% and 22.0 GSAx.

While it’s a significant commitment to keep Lankinen in British Columbia, it’s a necessary one without many other options in the pipeline as a potential Demko successor. No. 3 option Arturs Silovs was expected to compete for the backup job this year after a strong playoff showing for the Canucks in 2024 but has been borderline unplayable when given the chance, logging a 4.11 GAA and .847 SV% in seven NHL appearances this season. They don’t have any blue-chip prospects in the system between the pipes either, so getting at least some long-term security at the position was understandably a top priority for general manager Patrik Allvin.

Lankinen will be 35 years old when his contract expires, so this will easily be the biggest payday of his career. He’ll be able to test unrestricted free agency in the summer of 2030.

Image courtesy of USA Today Sports.

Penguins’ Evgeni Malkin To Return, Squashes Retirement And Trade Rumors

at CDT | by 10 Comments

Pittsburgh Penguins star Evgeni Malkin has shared that he is planning to play when the team returns from break on Saturday, per Rob Rossi of The Athletic. Malkin has missed Pittsburgh’s last six games after suffering an injury in the team’s January 25th loss to Seattle. He sustained the injury roughly halfway through the first period, after the skate of Kraken forward Chandler Stephenson seemed to catch Malkin in the thigh. He attempted to return for a brief shift later in the first, but was ruled out before the game’s second period. Pittsburgh placed Malkin on injured reserve just two days later. He’ll need to be activated off of IR before Saturday’s game, which will force Pittsburgh to reassign a player like Vasiliy Ponomarev or Bokondji Imama.

The return of one of their lineup pillars will be great news in Pittsburgh. Malkin has continued to perform at a premier level this year, with his 34 points in 47 games ranked fifth on the team in total scoring. In even better news, Malkin went on to emphasize to Rossi that he has no intentions of retiring this summer or playing anywhere else. He told The Athletic, “[I’ll] retire with Pittsburgh. The Penguins are my team… When I retire, [it’ll be] here.” Malkin added that, despite speculation, he has no plans of playing anymore Russian hockey either – save for potentially a one-game send-off with his hometown Metallurg Magnitogorsk when all is said and done.

Malkin is signed through the end of the 2025-26 season, setting him up for at least one more full year in Pittsburgh’s black-and-gold. He’s squashed talks of a potential retirement this summer, which will naturally push attention back until his deal ends in 2026. But Malkin continues to hold down a strong, middle-six role for the Penguins, averaging north of 18 minutes of ice time each game this season. Fellow Penguins legend Sidney Crosby is signed through the end of the 2026-27 campaign, which could be enough to convince Malkin to find an extra gear and retire alongside his longtime partner-in-crime. Malkin entered the NHL in 2006-07, one year after Crosby’s debut. Crosby scored a career-high 120 points in his first year alongside Malkin, while the latter managed his career-high of 113 points in their second year together.

Few duos in hockey history have stood as tall as Crosby and Malkin. The two have led three Stanley Cup wins and recorded the sole assist on each the other’s 500th NHL goal. They’re a ubiquitous tandem, and Malkin’s imminent return from lower-body injury sets him up to continue his role second to Crosby on the depth chart.

Malkin’s return will likely push one of Ponomarev, Blake Lizotte, or Emil Bemstrom out of the lineup. Lizotte and Bemstrom have each scored one goal through their last 10 games, while Ponomarev is still searching for his first point after four NHL games this season. Should Ponomarev be the odd man out, he’ll likely head back to a red-hot minor-league season. Ponomarev ranks fourth on the AHL’s Wilkes-Barre/Scranton Penguins in scoring with 29 points in 34 games.

Quinn Hughes Not Cleared For 4 Nations Championship

at CDT | by 14 Comments

Feb. 19: Team USA has been informed that Hughes was not medically cleared to join the roster before Thursday, per Pierre LeBrun of The Athletic. LeBrun shares that USA is looking into adding another defender to the lineup as an insurance option, given the illness circulating the 4-Nations tournament. Team USA would need to have less than six healthy defenseman to ice a player not currently on the roster.

Feb. 18: The United States may have reigning Norris Trophy winner Quinn Hughes available for Thursday’s 4 Nations Face-Off championship against Canada, head coach Mike Sullivan told reporters Tuesday (including Chris Johnston of TSN and The Athletic). He’s traveling to meet the team in Boston in the wake of an upper-body injury to Charlie McAvoy, but NHL deputy commissioner Bill Daly confirmed to Pierre LeBrun of TSN and The Athletic that Hughes won’t be able to practice or play unless the Americans sustain another injury on defense ahead of the championship.

After being named as one of the first six players on the team last offseason, Hughes was on the Americans’ roster for the tournament up until last week, when he was ruled out after missing the Canucks’ final four games before the break with an oblique injury. Initially replaced by Jake Sanderson, he’s evidently now healthy and will be available if needed as the United States goes for its first best-on-best title since the 1996 World Cup of Hockey.

Luckily for the United States, they’re unlikely to need any more injury replacements. Star sniper Auston Matthews is expected to play in the championship after serving as a late scratch in last night’s loss to Sweden because of upper-body soreness, Sullivan said (via Elliotte Friedman of Sportsnet). He added both Brady Tkachuk and Matthew Tkachuk will likely play after the former left Monday’s loss and the latter left Saturday’s win over Canada.

The Americans’ roster situation mirrors that of Canada’s after they lost defenseman Shea Theodore to an upper-body injury in their opening game against Sweden. Thomas Harley was allowed to fly out and meet the team but couldn’t practice or play unless they were unable to ice six defensemen. When Cale Makar was ruled out of their game against the U.S. due to illness, only then was Harley eligible to enter the lineup. He was not dressed when Makar returned to play yesterday against Finland.

At the very least, it’s a strong sign the Canucks will have their captain back when they return to play in Vegas on Saturday. The 25-year-old Hughes has improved further on last season’s elite two-way showing, bumping his points per game up to 1.26 from 1.12 and has posted career-highs in even-strength CF% (57.8) and relative CF% (+15.7).

There are three clear-cut Norris nominees in him, Makar, and Team USA teammate Zach Werenski. If Hughes takes home the hardware, he’d be the first back-to-back winner since the Red Wings’ Nicklas Lidström won three straight from 2006 to 2008.

Image courtesy of USA Today Sports.

NHL Met With Group Interested In New Orleans Expansion

at CDT | by 17 Comments

The NHL held a recent meeting with a group interested in acquiring an expansion team for the New Orleans market at the league’s offices in New York, deputy commissioner Bill Daly told Kevin Weekes of ESPN on Wednesday.

In terms of expansion interest and likelihood, this is about as preliminary as it can get. League commissioner Gary Bettman has remained as noncommittal as possible about when the league will increase past 32 teams after incorporating Vegas and Seattle in the last decade. The league’s preference for team No. 33 will be a return to the Phoenix area after facilitating the Coyotes’ sale to Utah and, through a complicated process, retaining the club’s intellectual and branding rights. A local group comprised of government and business officials met with Bettman last month, but the area still needs a new arena to house an NHL franchise – which there’s been no tangible progress toward completing since the Coyotes’ departure.

New Orleans joins a long list of cities interested in an NHL club. Houston and Atlanta either already have or are in the process of constructing an NHL-ready arena and have had multiple groups express interest in acquiring a franchise within the last two years. Cincinnati, Hamilton, Kansas City, Omaha, Quebec City, and Saskatoon continue as speculative destinations for a further round of expansion – it’s difficult to imagine some combination of Atlanta, Houston, and Phoenix comprising teams 33 and 34.

The only professional team to carry a New Orleans moniker was the ECHL’s New Orleans Brass, who were briefly affiliated with the Sharks and spent five years in the league from 1997-98 to 2001-02. They were the first tenant of what’s now called the Smoothie King Center, home to the NBA’s New Orleans Pelicans, but were forced to fold when the city demanded them to shoulder the costs of converting the arena to a basketball configuration. The building held a capacity of 16,900 when configured for hockey.

The Baton Rouge Zydeco of the FPHL, two levels of play below the ECHL, is the only professional hockey team currently operational in Louisiana. They’re in just their second season of play.

Canucks Sign Drew O’Connor To Two-Year Extension

at CDT | by 2 Comments

Feb. 19: O’Connor’s extension actually does carry some trade protection – a modified 12-team no-trade clause in both seasons, per PuckPedia.

Feb. 18: The Canucks have agreed to terms on a two-year, $5MM extension with winger Drew O’Connor, per a team announcement. He’ll carry a cap hit of $2.5MM in the 2025-26 and 2026-27 campaigns. His deal carries a $775K salary with a $2.075MM signing bonus in Year 1, followed by a $2.15MM salary with no bonuses in Year 2, PuckPedia reports.

O’Connor, 27 in June, was set for unrestricted free agency this summer after Vancouver acquired him along with defenseman Marcus Pettersson from the Penguins at the beginning of the month. After extending Pettersson on a six-year, $33MM deal a few days later, they’ve ensured both acquisitions will remain with the club past the stretch run.

While an afterthought in the deal compared to Pettersson, O’Connor has two goals on 10 shots in four games since the trade, including a penalty shot winner in overtime against the Sharks on Feb. 6. He has a plus-one rating, and the Canucks have controlled shot attempts 58-53 when he’s on the ice at even strength. He’s spent most of his time in the top six with Brock Boeser and Filip Chytil, helping the trio control 59.3% of expected goals through 28 minutes, per MoneyPuck. It’s a small sample, but he’s been a good fit in Vancouver early on.

O’Connor is no stranger to playing a complementary top-six role. He’s spent most of the last two years in Pittsburgh getting reps on Sidney Crosby’s wing, including his breakout 2023-24 campaign that saw him net 16-17–33 in 79 games. The New Jersey native’s production had dipped this year before the trade, limited to 6-10–16 in 53 games with the Pens, but he’s tracking to rediscover more reliable top-nine production with the Canucks.

Over his 214-game career, the undrafted free agent signing out of Dartmouth has 32-36–68 with a minus-five rating. That averages out to 12 goals and 26 points per 82 games, and while that looks more like fringe third-line production, he’s tracking upward. Considering he’s demonstrated top-six utility, betting on his value to replicate or eclipse a $2.5MM cap hit amid a rising upper limit is a prudent move from Vancouver general manager Patrik Allvin, especially on a short-term deal with no trade protection.

O’Connor will now have to wait until 2027 to test unrestricted free agency for the first time. Meanwhile, the Canucks now have $75.87MM committed to 15 players for the 2025-26 campaign, per PuckPedia. With the salary cap increasing from $88MM to $92.5MM, they have $19.63MM in projected space to fill eight roster spots, a good chunk of which is earmarked for extension negotiations with pending UFAs. Brock Boeser and Kevin Lankinen.

Image courtesy of USA Today Sports.

Pro Hockey Rumors is not affiliated with National Hockey League, NHL or NHL.com

scroll to top