Latest On Yegor Sharangovich

As the NHL’s March 6 trade deadline inches closer, one of the teams that looks overwhelmingly likely to count themselves as one of the league’s sellers is the Calgary Flames. Calgary has struggled in a variety of areas this season, and does not appear to have a clear path to the playoffs.

While significant attention has been paid to a few of the Flames’ key trade chips, such as veteran center Nazem Kadri, some have wondered whether other Flames players beyond just a few older veterans could be moved.

David Pagnotta of The Fourth Period reported last week that while Flames forward Yegor Sharangovich has been named as a trade candidate by some, he does “not get the sense there is any activity surrounding the 27-year-old.” Unless something changes, it appears the Flames won’t be dealing Sharangovich before the trade deadline.

The Russian forward had been named as a trade candidate in large part due to his offensive struggles over the last season and a half. Sharangovich broke out in his first year with the Flames, scoring 31 goals and 59 points in the 2023-24 season. Looking to ensure they had team control over Sharangovich as he inched closer to UFA status, the Flames acted early, signing Sharangovich to a contract extension on July 1, 2024.

At this moment, it appears the Flames might regret acting so decisively to re-sign Sharangovich. At the time, signing him to that extension at that moment was an entirely defensible calculated risk.

The Flames likely believed that if he could at the very least sustain his level of production, the deal would be an entirely fair one. If he could build on it, he would quickly provide surplus value on his cap hit. If Calgary believed Sharangovich was unlikely to decline too far from his scoring numbers in his debut season as a Flame, signing that deal at that point made too much sense — his price tag would only rise as he got closer to UFA status.

But unfortunately for the Flames, his offensive production declined the following year, going from the aforementioned 31 goals and 59 points to just 17 goals and 32 points. So far this season, that decline has persisted, as he has 11 goals and 20 points in 50 games.

While the expected steep rise of the salary cap softens the blow, without question, it’s clear Sharangovich isn’t living up to his $5.75MM cap hit, at least from a production standpoint.

Given his offensive decline and the contract he’s owed (2025-26 is the first of five seasons on the contract), it’s understandable that those in the Calgary market might want to see the Flames move on from Sharangovich. But his difficulty getting back to his prior level of offensive production, combined with the weight of his contract, makes him a difficult player to move. That’s a sentiment Pagnotta’s report echoed, and it’s also worth noting that Sharangovich’s deal comes with the protection of a 10-team no-trade list.

With limited league interest in trading for his services, Sharangovich’s best path forward will, undoubtedly, be to find a way to develop more chemistry with some of the Flames’ other top-six forwards.

It’s not as though Sharangovich is lacking in terms of opportunity, as he’s averaging 16:04 time on ice per game including 1:52 per game on the power play. He just hasn’t been able to capitalize the way he did in his debut season in Alberta.

As the Flames chart their course back to contention at some point down the line, getting Sharangovich’s scoring back on track will have to be a key priority.

Photos courtesy of Sergei Belski-Imagn Images

Buffalo Sabres Recall Isak Rosen, Reassign Zac Jones

The Buffalo Sabres announced today that forward Isak Rosén has been recalled from their AHL affiliate, the Rochester Americans. In a corresponding move, defenseman Zac Jones was reassigned.

By swapping out a defenseman for a forward on their roster, the Sabres are left with just six healthy defensemen on their active roster. There are two Sabres blueliners on injured reserve at this moment: Conor Timmins and Jacob Bryson. Timmins broke his leg in the middle of December and was originally given a six-to-eight week return timeline. While we are now squarely within that originally projected return window, there has been no indication Timmins is nearing a return to game fitness.

Bryson has missed four straight games and landed on IR with an upper-body injury. Head coach Lindy Ruff told the media on Jan. 22 that Bryson would miss “some time,” so it seems unlikely Jones has been sent down because any Bryson return is imminent.

Looking at the motivations behind this move, a few, unrelated to injuries, can be identified. First and foremost, the Sabres could simply be interested in returning Rosén to the NHL roster, and are willing to carry just six healthy defensemen in order to make that happen. It’s understandable that the Sabres would want to get a look at Rosén back at the NHL level.

The 22-year-old 2021 first-round pick is a pending RFA, and is reaching a crucial fork in the road in his development. Either he’s going to be able to carve out a spot in the Sabres’ long-term NHL plans, or the Sabres are going to build around other pieces as they pivot to focusing more on contending in the immediate future.

Rosén has been a strong scorer in Rochester for several years now, but has thus far been unable to gain significant traction at the NHL level. While he has seven points in 13 games played this season, he still hasn’t been able to maintain a firm grip on an NHL roster spot. This recall gives him another opportunity to land in the NHL lineup and try to stay there.

From Rochester’s perspective, getting Jones back is a major help to the team’s ability to win games at this point in the season. The Americans are looking to gain ground in their divisional playoff race, and currently sit in fifth place in the North Division. Jones is the team’s leading scorer with 37 points in 32 games, and is their most productive defenseman by a wide margin.

If the Sabres prefer to use Zach Metsa as their No. 6 blueliner at the NHL level, it could make more sense to keep Jones in Rochester, to put that team in the best position to win, rather than keeping him in an NHL press box.

East Injury Notes: Texier, Rielly, Laba, Drouin

Montreal Canadiens forward Alexandre Texier missed last night’s victory over the Buffalo Sabres with a lower-body injury, according to a team announcement. Texier missed two games, on Jan. 20 and Jan. 22, with a lower-body injury, before returning for three games from Jan. 24 through Jan. 29. It is unclear at this time whether Texier’s current lower-body ailment is related to the one that cost him those two games, though it would certainly not be a huge surprise. The Canadiens did not issue a timeline related to Texier’s injury, so as of right now, he should be considered day-to-day.

Texier plays an important role in the Canadiens’ lineup, serving as the third wheel on the team’s top line alongside Cole Caufield and Nick Suzuki. In a role formerly occupied by 2022 No. 1 pick Juraj Slafkovsky, Texier has managed seven goals and 17 points in 30 games as a Canadien. His solid play earned him a two-year, $2.5MM AAV contract extension last month. 2019 No. 3 pick Kirby Dach skated in Texier’s vacated top line role against the Sabres, making a crucial play along the boards to help set up the team’s game-winning goal. For as long as Texier is injured, Dach, a pending RFA, figures to get the significant opportunity that is playing alongside two star forwards on Montreal’s top line.

Other injury notes from around the NHL:

  • Toronto Maple Leafs blueliner Morgan Rielly left yesterday’s victory over the Vancouver Canucks with an upper-body injury, according to a team announcement. Rielly, 31, has missed just a single game this season, meaning if his absence is in any way extended, it would have significant implications for how head coach Craig Berube is able to staff his lineup. While Rielly’s play has come under increased criticism this season as Toronto has struggled to gain ground in the Eastern Conference playoff race, he still plays a significant role on the team. He’s scored 31 points in 54 games, and is Toronto’s No. 2 defenseman in terms of average ice time per game, skating 21:33 per night in a role that includes key power play responsibilities.
  • New York Rangers rookie forward Noah Laba left yesterday’s loss to the Pittsburgh Penguins with an upper-body injury, according to a team announcement. The Rangers did not have any further update on Laba’s status after the game, other than to say that he will continue to be evaluated. Laba, 22, has broken into the Rangers organization as a full-time NHL bottom-six center in what is his first full campaign of professional hockey. The former Colorado College pivot has scored 16 points in 53 games and is playing 13:17 time on ice per game, including a limited role on both sides of special teams. If Laba’s absence is extended, the Rangers could struggle to adequately replace the role Laba fills in their lineup, and that’s especially true if the club elects to trade 33-year-old veteran center Sam Carrick, who is under contract for an additional year at a $1MM cap hit and could draw interest from contending teams.
  • New York Islanders forward Jonathan Drouin missed the team’s loss yesterday with an illness, per a team announcement. Drouin, who has 20 points in 48 games this season, had been skating on a top-six line with the Islanders alongside Mathew Barzal and Anthony Duclair. Head coach Patrick Roy elected to elevate rookie Maxim Shabanov into Drouin’s role as his response to Drouin’s illness. While it’s not known exactly how long Drouin will miss as a result of being under the weather, it would be safe to consider him day-to-day.

Red Wings Sign Sheldon Dries To Two-Year Extension

The Red Wings announced they’ve signed forward Sheldon Dries to a two-year, two-way contract extension. Financial terms were not disclosed. He was slated for unrestricted free agency this summer.

Dries was returned to AHL Grand Rapids on Friday after a one-day call-up, his second of the season. The 31-year-old has yet to play an NHL game for Detroit since signing a two-year, two-way deal with his hometown team in free agency in 2024, despite being recalled a handful of times now for injury insurance.

The veteran of 122 NHL games with Colorado and Vancouver has nonetheless provided immense value to the organization in a minor-league role. Long a top producer in the AHL, he’s put up 40 goals and 69 points in 99 games with Grand Rapids over the past two seasons. That includes a resurgent 15-14–29 scoring line this season in 39 games, tied for second on the team in points, as they’ve marched to a ridiculous 33-6-3 record with a +65 goal differential, winning games by 1.55 goals on average.

Dries now sees his contributions rewarded with another couple of seasons of financial security. He was already well-compensated for a two-way player with a $525K guarantee, and it’s hard to see that figure changing much. The Western Michigan product may not have appeared in an NHL game since 2022-23 with the Canucks, but he remains a reliable recall option and an important veteran centerpiece to anchor the Wings’ developing prospects in Grand Rapids.

Assessing The Blues’ Direction

The Blues are in a strange spot. They’re 31st in the league with a record of 20-26-9 and a goal differential of -54, tied for the worst in the NHL.

They’re very close to having the best odds to win the draft lottery, and while they aren’t technically out of the playoff hunt, they’re 10 points back of the Kings for the final Wild Card spot, and Los Angeles has games in hand. The Blues are likely finished for this season, and despite that, they haven’t fully committed to a rebuild, though they’re clearly not close to contending at the moment.

They have some good young players and a mix of veterans, some on bad contracts and others they probably want to trade, especially as the playoffs grow further away with each game.

St. Louis’ roster construction has been disjointed over the last few years with a mixed bag of moves. They’re far from alone in that regard. But what has been missing is a clear direction on how to sell to Blues fans, who are hoping for some signal that the team has a plan.

Entering the season, it looked as though the Blues were hoping to compete for a playoff spot, as they did last season. Those hopes have been dashed by inconsistent play and the struggles of core players Jordan Kyrou, Robert Thomas, Colton Parayko and Jordan Binnington. You either sell winning or you sell hope, and this season the Blues haven’t been able to sell either. That will need to change in short order, and a clear direction needs to be established.

Of the players listed above, Thomas is the only one who hasn’t been constantly linked to trade rumours this season, but that has changed as of late. Kyrou, Parayko and Binnington have all been fodder for trade board segments across the hockey media and have been joined by teammates Brayden Schenn and Justin Faulk.

In a perfect world, St. Louis would have a clear choice about who to move and who to keep. Still, some of the team’s previous moves have left them in a precarious spot, with their only real option being to retool rather than bottom out. They aren’t anywhere close to being a contender and already have several talented players and a very skilled coach in place.

Therein lies a big problem for the Blues. How do you tell Jim Montgomery that the team plans to sell off its veterans and go with younger players who are still finding their way in the NHL? It probably wouldn’t be popular with the veteran head coach.

The alternative is to continue pushing an aging roster into the playoffs and finishing in the middle of the standings, outside the postseason. Montgomery doesn’t need to look far to find a coach who was stuck in that spot for several seasons: Mike Sullivan, formerly of the Penguins.

Sullivan’s final three seasons with the team saw him try to will an aging lineup over the finish line, only to fall just outside the cut when it came to playoff time. Interestingly enough, Sullivan left the Penguins last summer to pursue a better opportunity with the Rangers, only to end up in the same position he had been in with Pittsburgh.

At the end of the day, for general manager Doug Armstrong, his job isn’t to please his coach; it’s to put together the best roster for the team he can and put the players in a position to win. Adding to an old, slow roster does nothing to accomplish that, and the Blues can’t make that the direction they go.

If there is anything we’ve learned in the last half-decade, it is that teams can remain competitive and retool on the fly by surrounding older talent with fresh legs and young energy, brought in by calling up skilled, speedy prospects. The Washington Capitals proved it last season; the Penguins are showing the same thing this year; and the Blues have to look at that model and see how best to apply it to their own roster construction.

The Blues have some pieces in Philip Broberg, Dylan Holloway, Jimmy Snuggerud, Jake Neighbours, and Dalibor Dvorsky. Now they need to figure out which veterans to keep around to guide them and which to let go to acquire more young talent to insulate the core.

It makes sense to move Binnington, given that Joel Hofer is waiting in the wings and probably deserves the bulk of the ice time. The issue for St. Louis is that they missed the best time to trade the 32-year-old: last March, before the trade deadline, or this past summer.

This year, Binnington’s game has fallen off a cliff, and he is dead last in the NHL with -24.4 goals saved above expected in 31 games (per MoneyPuck). Add to that the fact that he is counting $6MM against the salary cap and has a 14-team no-trade clause (per PuckPedia), and you have a player who is close to impossible to move.

Moving Faulk would also be a step in the right direction, as the 33-year-old makes $6.5MM this year and next and is having a reasonable offensive season with 11 goals and 13 assists in 52 games, while cleaning up the turnover issue that plagued him last year. The Blues are reportedly looking to strike while the iron is hot and are asking for a premium package to move the right-shot defenseman. If the Blues can move Faulk and get a return even remotely close to their ask, it would be good business and could set them on a path to retool sooner than later.

Outside of those two, Schenn, Thomas, and Parayko remain options to be moved, and it’s hard to say whether the Blues want to turn their roster over completely. The Penguins tried to move Rickard Rakell, Bryan Rust, and Erik Karlsson last year but couldn’t find anyone willing to meet their asking price. Perhaps the Blues will chart a similar course and try to move those three veterans if they get the right price. If not, they’ll wait to see how their own roster shakes out over the next six to 12 months. In any event, St. Louis has to show direction sooner rather than later if it hopes to position the team for improvement in the near future.

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.

West Notes: Thomas, Catton, Necas, Blankenburg

There are no expectations that Robert Thomas will return to the St. Louis Blues before the upcoming Olympic break. The Blues announced that Thomas had minor leg surgery yesterday and would return after the Olympics.

Thomas has missed much of January, having last played on January 10th. So far in the 2025-26 season, the 26-year-old center has scored 11 goals and 33 points in 42 games, managing a -3 rating, while averaging 18:58 of ice time per game.

Although Thomas’s injury recovery won’t impact the Blues’ postseason outlook, it could have ramifications leading up to the trade deadline. While it was always unlikely, there was some speculation that St. Louis was entertaining trade offers on Thomas. Prospective buyers will likely shy away from the high price the Blues have set, given that Thomas would be only a few days removed from fully recovering by the deadline.

Additional notes from the Western Conference:

  • The Seattle Kraken will be without one of their up-and-coming prospects through the upcoming Olympic break. Earlier today, the Kraken announced that Berkly Catton will miss Seattle’s next three games due to an upper-body injury. Catton, who missed several weeks in December due to a separate injury, has scored five goals and 11 points in 40 games throughout his rookie campaign.
  • Despite the lopside afair, the Colorado Avalanche were without their second-highest scorer against the Detroit Red Wings this afternoon. Before the game, Corey Masisak of The Denver Post shared that Martin Nečas is considered day-to-day with a lower-body injury. Regardless, the Avalanche pulled away with the victory, and there’s no expectation that Nečas will be held out through the Olympic break before he suits up for Team Czechia.
  • Tied with the New York Islanders at the time of writing, the Nashville Predators are without one of their most underrated defenseman tonight. The Predators announced that Nick Blankenburg would miss tonight’s contest due to illness. Already setting career-highs across the board, Blankenburg sits eighth on the team in scoring with six goals and 21 points in 43 games.

Atlantic Notes: Senators, Lightning, Sabres

In a recent article, Bruce Garrioch from The Ottawa Citizen analyzed the Ottawa Senators’ approach to the trade deadline. To no surprise, Garrioch indicated that the Senators remain committed to winning this season, and that the team is seeking a top-six forward and top-four defenseman.

That’s a hefty wishlist, especially for a team that’s 10 points back of the final wild-card spot in the Eastern Conference. Garrioch reported that the Senators are interested in forward Blake Coleman and defenseman MacKenzie Weegar from the Calgary Flames, which would immediately fulfill both desires.

Still, Weegar has a full no-movement clause in his contract, meaning he would have to sign off on a trade to Ottawa. He is from there, but there’s been no indication that he is one of the players that the Flames are considering moving this season. At any rate, it’s clear that the Senators are trying to fill a pair of higher-level holes, and they’re looking for players with term.

Additional notes from the Atlantic Division:

  • There is more positive news on the injury front for the Tampa Bay Lightning. It’s already been reported that captain Victor Hedman will return to the lineup tomorrow, and the team is only a few days away from returning a few more. According to team reporter Benjamin Pierce, the trio of Brayden Point, Emil Martinsen Lilleberg, and Charle-Edouard D’Astous all skated with the team at practice today. Once Hedman officially returns, they will be the only remaining players on the injured reserve.
  • In a separate injury update, this time with the Buffalo Sabres, Bill Hoppe of The Times Herald reported that there are no plans to shut down Joshua Norris through the upcoming Olympic break. Norris has missed the Sabres’ last nine games, including tonight, due to an upper-body injury. Still, he has resumed skating over the last few days and will travel with the team for their road trip next week. Norris specifically shut down the idea of sitting out if he’s healthy, saying, “If you’re ready to go, you’re not just going to sit out. So when I feel like I’m 100 percent, I’m going to play.

Calgary Flames Recall Zayne Parekh

According to a team announcement, the Calgary Flames have recalled defenseman Zayne Parekh from the AHL’s Calgary Wranglers. The Flames sent Parekh to their AHL affiliate two weeks ago on a conditioning loan and were required to decide his immediate future, given that a conditioning loan may last only 14 days.

Parekh, 19, hasn’t played in a game for the Flames since November 11th. The former ninth overall pick in the 2024 NHL Draft was loaned to Team Canada for the U20 IIHF World Junior Championships in December. During the tournament, he scored five goals and 13 points in seven games, contributing to the team’s bronze medal finish.

Although Calgary would have liked to have Parekh see more NHL action before his debut in the World Junior Championship, he lost nearly a month due to an upper-body injury. The Flames sent him on a conditioning loan to the Wranglers almost immediately upon his return.

Fortunately, he performed well throughout his first bout of AHL action. Parekh appeared in four games for the Wranglers, scoring two goals and five points with a +1 rating. Earlier this season, he tallied one assist in 11 games for the Flames, averaging 14:46 of ice time per game.

Unfortunately, Parekh didn’t draw into today’s game against the San Jose Sharks. Calgary acquired defenseman Zach Whitecloud in the recent trade that sent Rasmus Andersson to the Vegas Golden Knights, so he doesn’t have a clear path to playing time. Unless the Flames decide to move Whitecloud leading up to the trade deadline, or take Brayden Pachal out of the lineup on a nightly basis, Parekh may be the odd man out in Calgary, like he has been most of the year.

Lightning Expected To Activate Victor Hedman

The Tampa Bay Lightning should have their captain back for tomorrow’s Stadium Series. According to ESPN’s Greg Wyshynski, the Lightning are expected to activate Victor Hedman ahead of tomorrow’s outdoor matchup against the Boston Bruins.

Unfortunately, it won’t be a straightforward activation. According to PuckPedia, Tampa Bay will need to clear $841K of salary cap space to activate Hedman. Still, it’ll be fairly easy to get there. The Lightning could move Brayden Point from injured reserve to long-term injured reserve, or reassign Maxim Groshev to the AHL’s Syracuse Crunch.

It’s been nearly two months since Hedman last participated in an NHL contest. The 17-year veteran hasn’t played since December 9th after undergoing elbow surgery, limiting him to 18 games on the season.

Still, he’s been his typical self when healthy. Before the injury, Hedman registered 12 assists while averaging more than 21 minutes of ice time per game. Half of those tallies came on the Bolts’ powerplay.

Additionally, he hasn’t missed a step on the defensive side of the puck. Specifically at even strength, Hedman averaged a 53.7 CorsiFor% and 92.1 on-ice SV%. The latter output is the highest he has managed since the 2017-18 campaign.

It’ll be interesting to see how head coach Jon Cooper redeploys Hedman upon his return. He is a natural top-pairing option, but Cooper is likely to be hesitant about breaking up the combination of J.J. Moser and Darren Raddysh, given how well the pair has been performing lately.

Given that fellow veteran Ryan McDonagh recently returned from a foot injury, the Lightning could slide him down to the bottom pairing with Maxwell Crozier. That would give both McDonagh and Hedman ample time to ramp up to their natural playing time and spread out the depth as Tampa Bay returns to full strength.