Latest On Chris Tanev Trade Fallout, Defense Market
On Wednesday, the Stars’ acquisition of Chris Tanev from the Flames marked the first major pre-deadline deal involving a defenseman. As such, the past 36 hours have allowed for reporting to uncover more information about the days preceding the trade and what impacts it could have on the defense market in the week leading up to the trade deadline.
Among the finalists for Tanev were the Avalanche, Canucks, Maple Leafs, and Oilers, TSN’s Pierre LeBrun said on Thursday’s episode of “Insider Trading.” Toronto was in conversations later than other teams, as LeBrun reports Leafs GM Brad Treliving had discussions with the Flames’ front office as late as hours before Tanev was dealt to Dallas.
LeBrun confirmed that Treliving’s lack of willingness to part with a first-round pick caused Calgary to ultimately decline their offer. However, the Flames’ interest in Stars defense prospect Artyom Grushnikov is quickly looking like what turned the tides in Dallas’ favor. That’s because the Flames had a first-round pick on the table in an offer from another team, but it was contingent on Calgary taking an NHL roster player with term back in the deal – something Calgary GM Craig Conroy wasn’t willing to do, LeBrun said.
Other reporting indicates Edmonton was most likely the team that packaged a first-round pick in their offer for Tanev. They’re continuing to shop this year’s first-rounder, along with a roster player, likely defensemen Cody Ceci or Brett Kulak, for an upgrade on defense, David Pagnotta of The Fourth Period reports.
Calgary’s decision to forego a first-round pick may have a domino effect on other sellers, too, TSN’s Chris Johnston added on “Insider Trading.” The Flyers are looking for one in return for shutdown blue-liners Nick Seeler and Sean Walker, while the Coyotes are hoping for one in exchange for Matt Dumba. Johnston added that the Flyers may be inclined to hold onto Seeler and Walker past the deadline and continue holding extension talks if they don’t get an offer they like. Meanwhile, the Coyotes are more likely to ship out Dumba for the best available offer regardless of whether a first-rounder is included.
Elliotte Friedman of Sportsnet also reported on Friday’s “32 Thoughts” episode that Conroy took one last pass at signing Tanev to an extension shortly before the trade to Dallas went through. However, Tanev felt too much time had passed and that the team was too deep in trade talks, and preferred a move to a contender before testing the market again next summer.
In response, Friedman wondered if the Flames may now add a cheap NHL-ready blue-liner to help mitigate the loss of Tanev down the stretch. The team is in no condition to spend significant assets in a trade after selling off Tanev, Elias Lindholm and Nikita Zadorov earlier in the season. Still, a mid- or late-round pick may be in play to avoid overplaying depth defenders like Dennis Gilbert, Jordan Oesterle and Brayden Pachal.
They’re not out of the playoff picture yet, as a 7-3-0 run in their last 10 games has them in ninth place in the Western Conference. However, there’s a seven-point gap between them and the similarly streaking Predators for the second wild-card spot, a tricky measure to close with less than two months left in the year if Nashville keeps up their pace.
Blue Jackets Sign Max McCue To Entry-Level Deal
2:01 p.m.: The contract carries a cap hit of $858K, per PuckPedia. The deal pays him $775K salary in all three years, a $82.5K signing bonus in 2024-25 and 2025-26 that jumps to $85K in 2026-27, and a minors salary of $82.5K in all three years.
10:37 a.m.: Today marks the first day teams can sign unaffiliated prospects in free agency, and the Blue Jackets are the first team to make a splash. They’ve inked 21-year-old center Max McCue to a three-year entry-level contract that begins in 2024-25, per a team release. Terms were not disclosed.
McCue was a fifth-round pick of the Sharks in 2021, but San Jose lost his exclusive rights after opting not to sign him to an entry-level contract by June 1, 2023. He’s suited up for the OHL’s London Knights since 2019 but lost out on the 2020-21 campaign entirely due to COVID-19, putting a pause on his development.
Still with London as an alternate captain, McCue has set or tied career highs with 24 goals, 26 assists, 50 points, and a +20 rating in 52 games. The 6-foot-1, 174-lb native of Sudbury, Ontario, relies on his speed to generate offense and projects as more of a playmaker than a goal-scorer at the professional level.
McCue has ideal size for the NHL level if he can add more muscle. However, his delayed offensive production in juniors doesn’t bode well for his chances of being a full-time major leaguer.
He’ll likely begin his pro career next season with the AHL’s Cleveland Monsters, although an assignment to the lower-level ECHL isn’t out of the question. Columbus is one of the handful of NHL teams without a dedicated ECHL affiliate.
Columbus now has 32 out of a maximum of 50 standard player contracts signed for next season, so they still have plenty of room to re-sign their pending RFAs and add a few more bodies to the organization in free agency.
Sabres Reassign Tyson Jost, Dustin Tokarski
The Sabres returned center Tyson Jost and goaltender Dustin Tokarski to the AHL’s Rochester Americans on Friday, per a team statement. In doing so, Buffalo is back below the 23-player roster limit after bringing both players up on emergency loans.
Jost, 25, was recalled on Monday amidst fears of an injury to top-line winger Jeff Skinner, who departed practice with an undisclosed injury that required imaging. Skinner didn’t miss any time and played in both of the Sabres’ games this week against the Panthers and Lightning, so Jost did not play for the first time since being waived in late December.
Buffalo had Tokarski join the team in Tampa for precautionary measures while an illness was running through the group, allowing them to have a third goalie on hand in case Eric Comrie or Ukko-Pekka Luukkonen became unavailable. He did not dress for last night’s overtime win, though; only veteran defenseman Erik Johnson could not dress due to illness.
Both players have struggled in the minors after previously holding full-time roles for Buffalo in recent years. Jost had just four points in 29 NHL games with a -7 rating after signing a one-year, $2MM deal to remain in Buffalo last summer, and has three goals and 13 points in 23 games for Rochester since his reassignment. While solid, it’s not the type of production the Sabres were hoping for from a player selected with the 10th overall pick in 2016.
Tokarski has settled firmly into an AHL role after making some noise as Buffalo’s backup goalie a few seasons ago. The 34-year-old Saskatchewan native has a 3.32 GAA, .892 SV%, and 7-7-3 record in 18 games for Rochester and has not seen NHL action this season.
Senators Recall Zack MacEwen, Move Josh Norris To LTIR
10:03 a.m.: Norris has been placed on LTIR, per CapFriendly. The Senators are now cap-compliant.
9:21 a.m.: The Senators recalled right-winger Zack MacEwen from AHL Belleville on Friday, per a team statement. The 27-year-old enforcer had been on a minor-league assignment since clearing waivers over two weeks ago.
Ottawa doesn’t have cap space for any recalls, so a corresponding transaction must be made to accommodate MacEwen. That will likely be moving center Josh Norris, who’s expected to miss “extended time” with an upper-body injury, to long-term injured reserve.
Moving Norris to LTIR rules him out through most of March. If his pending placement is retroactive to the date of the injury, Feb. 27, the earliest he could return would be March 23 against the Devils, satisfying a minimum 24-day absence.
That would cause him to miss Ottawa’s next 11 games. Norris also missed four games in January with an upper-body injury, plus the first three games of the season while he was completing his recovery from shoulder surgery that limited him to eight games last season.
MacEwen returns from Belleville to serve in a fourth-line role for tonight’s game against the Coyotes. The lack of any recalls on defense indicates that Jake Sanderson and Artem Zub, who were questionable with undisclosed and lower-body injuries, respectively, will play.
The Prince Edward Island native has struggled to lock down an everyday role after signing a three-year, $2.325MM deal to join the Sens in free agency. He has two goals, one assist and 46 PIMs in 22 games but has been productive in limited AHL action with five goals and two assists in 10 games for Belleville.
That’s nothing new for MacEwen, who has been a solid point producer in the AHL despite his limited scoring and enforcer role at the major league level. He has 43 goals, 63 assists, and 106 points in 167 minor-league games since turning pro in 2017.
MacEwen’s recall puts the Senators at 21 players on the active roster. With Norris on LTIR, they would have cap space to fill their two vacant slots if they so choose.
Mark Stone Questionable To Return During Playoffs
Golden Knights captain Mark Stone is expected to miss the balance of the regular season and is questionable to return during the Stanley Cup Playoffs, TSN’s Darren Dreger said on Thursday’s episode of “Insider Trading.” Stone has missed four games with an upper-body injury, which, per multiple reports, is a lacerated spleen.
Vegas placed the 31-year-old on standard injured reserve last week, meaning they aren’t receiving the potential long-term injured reserve relief provided by his $9.5MM cap hit. That will change before the March 8 trade deadline, though, and they’ll be able to use that space as they please to make deadline acquisitions for the second straight season.
Unlike Stone, first-line center Jack Eichel and his $10MM cap hit is on LTIR. However, as indicated by wearing a full-contact sweater in practice Thursday, Eichel will return to the lineup in the coming days.
The Golden Knights, who have also been using the LTIR relief provided by goaltender Robin Lehner‘s $5MM cap hit to stay compliant throughout the season, will likely place Stone on LTIR along with activating Eichel in corresponding transactions when the latter is ready to return. The latter has missed 18 games after undergoing knee surgery in January.
Lost in the cap space shuffle is the significance of Stone’s absence. No player that GM Kelly McCrimmon could acquire over the next week will be an upgrade on their captain, who remains in a very elite class of two-way wingers. He finishes his season with 16 goals, 37 assists, 53 points, and a +1 rating in 56 games.
That works out to 0.95 points per game, his highest rate since his 61-in-55 campaign in 2020-21, which placed him ninth in Hart Trophy voting and third in Selke Trophy voting. Serious long-term and, frankly, random injuries continue to plague the Winnipeg-born star, who’s played more than 60 games in a season just once since arriving in Nevada.
Stone’s absence will mean an extended opportunity for many down the stretch, namely 2020 first-round pick Brendan Brisson. While his production with AHL Henderson this season has been disappointing, he has a goal and four assists in 11 showings with Vegas. He was promoted to the top line alongside original Knights William Karlsson and Jonathan Marchessault for last night’s 5-4 loss against the Bruins.
It also means that McCrimmon can be more aggressive in pursuing help at the deadline than his division rival and likely first-round playoff opponent, the Oilers. Dreger said McCrimmon “will utilize [Stone’s] cap space” to add another top-six forward, much like their pickup of Ivan Barbashev from the Blues at last year’s deadline.
Vegas and Edmonton will be in the hunt for many of the same targets, which Dreger says could include the Blues’ Pavel Buchnevich, the Kraken’s Jordan Eberle, and, if extension talks fall through, the Devils’ Tyler Toffoli. A third Pacific Division team, the Kings, has also been linked to Toffoli.
After swapping Eichel and Stone on LTIR (and activating defenseman Tobias Björnfot, currently on an LTI conditioning loan to Henderson), the Golden Knights will have approximately $5.6MM of cap space available. That’s nearly twice as much as the Oilers’ $2.4MM projected deadline availability, which is already artificially high given their slim 21-player roster.
For Vegas’ purposes, Buchnevich would be the closest stylistic replacement for Stone. He would also carry a higher acquisition cost and likely a minimal amount of salary retention by the Blues, as, unlike Eberle and Toffoli, he’s signed through next season at a cap hit of $5.8MM, slightly above the Golden Knights’ projected deadline availability.
Buchnevich, 28, leads the Blues in goals with 24 and is second on the team in scoring with 48 points in 57 games. He’s not producing at the point-per-game-plus pace we’ve seen from him over the past two years, but his possession impacts are the strongest of his eight-year career: an incredible 11% relative Corsi share at even strength to pair with a strong +6.9 expected rating. He wouldn’t replace the massive hole Stone’s leadership leaves in the chemistry of Vegas’ forward group, but his on-ice results go a long way toward softening the blow.
Adrian Kempe Expected To Return During Regular Season
The Kings have avoided the worst with right-winger Adrian Kempe, who’s expected to return from his upper-body injury sometime later this month, TSN’s Darren Dreger reports. The 27-year-old is listed as week-to-week with the injury he sustained late in Monday’s game against the Oilers.
If Kempe were expected to miss the remainder of the regular season, the Kings could have placed his $5.5MM cap hit on long-term injured reserve and used that space before the March 8 trade deadline to acquire players. Per Dreger, that won’t be the case.
Kempe can still go on LTIR if he’s expected to miss at least 10 games and 24 days, retroactive to Feb. 26, to provide temporary relief. However, as they’ll need cap space to activate him before the end of the regular season, they won’t be able to dip into his relief for additional acquisitions.
Right-winger Viktor Arvidsson is already on LTIR with a lower-body injury, although he, too, is expected back before the end of the regular season. Seeing as the Kings will need space to have his $4.25MM cap hit count against the books, they’ll have nearly $0 in space to work with at the trade deadline. As such, any upgrade they make to their roster must be a money-in, money-out move.
Kempe has already missed two games with the injury, which he sustained late in the third period in an awkward collision with Oilers defenseman Cody Ceci as Los Angeles was trying to erase a 4-2 deficit with an empty net. Kempe skated to the bench while play was active, appearing to favor his left arm (video link).
The Kings have largely recovered from a disastrous stretch between Christmas and the All-Star break in which they went 4-8-6 with a -11 goal differential. After a 5-1 road win over the Pacific Division-leading Canucks last night, the Kings remain first in the Western Conference Wild Card race with a 30-19-10 record and 70 points.
They have a seven-point cushion on the ninth-place Flames, although they are in danger of falling to the second wild-card spot. The Predators are now tied with Los Angeles with 70 points, although they trail in the points-percentage tiebreaker as they’ve played two more games.
After signing a four-year, $22MM extension in the 2022 offseason, Kempe has provided spectacular value for the Kings. While he’s not on pace to sniff the career-high 41 goals he scored last season, he does have 51 points in 57 games, a career-best 0.89 per-game rate. He’s also averaging 18:47 per game, eclipsing last year’s career-high mark by two seconds.
However, he’s struggling in the possession department after being a net-positive player for the last two seasons. While his 54.5 Corsi-for percentage at even strength is substantial at first glance, it’s 1.2% worse than the team’s overall Corsi share without him on the ice.
His expected rating is also negative, with a -0.8 mark. He posted a combined +13.9 expected rating over the 2021-22 and 2022-23 seasons.
Regardless, he’s still a core piece for a mediocre Kings offense that relies on depth, not star power, to be effective. In Kempe’s absence, top-prospect-turned-breakout-star Quinton Byfield has returned to a top-line role flanking Anže Kopitar, while 2019 top-five pick Alex Turcotte is also seeing reps alongside the Kings’ captain.
The Kings only have 12 healthy forwards on the active roster and have recently scratched winger Arthur Kaliyev in favor of dressing seven defensemen, allowing both of their best up-and-coming right-shot defensemen, Brandt Clarke and Jordan Spence, to get playing time. Given their current LTIR situation, they have enough cap space to make a corresponding recall in Kempe’s absence, although they would need to place him on IR or LTIR to open a roster spot.
Toronto Maple Leafs Acquire Ilya Lyubushkin From Anaheim
The Toronto Maple Leafs have acquired defenseman Ilya Lyubushkin from the Anaheim Ducks. The deal formally sent Lyubushkin from Anaheim, who retained 50 percent of his cap hit, to the Carolina Hurricanes, who retained another 25 percent, and then to the Leafs. Lyubushkin carries a $2.75MM cap hit, meaning that Toronto is only due $687,500 against their cap – less than a league-minimum contract.
In return, Toronto sent Anaheim a 2025 third-round draft pick and Carolina a 2024 sixth-round pick. The trade broke after Lyubushkin was surprisingly absent from Anaheim’s Thursday night game against the San Jose Sharks.
This marks the second time that Toronto has traded for Lyubushkin, with the previous coming during the 2021-22 season when they sent Nick Ritchie and a 2025 second-round pick to the Arizona Coyotes for Ryan Dzingel and Lyubushkin. Lyubushkin would go on to play in 31 games for the Leafs, recording six points and 25 penalty minutes. He signed with the Buffalo Sabres in the following summer and was traded to Anaheim from Buffalo last season. The formerly undrafted defenseman has totaled 334 games across his journeyman career, adding 43 points and 181 penalty minutes. He joined the league in the 2018-19 season, making his debut with the Arizona Coyotes after four seasons with the KHL’s Yaroslavl Lokomotiv.
Toronto has also received the rights to Kirill Slepets from Carolina, to facilitate their retention of Lyubushkin’s cap hit. Slepets has played in the KHL since the 2018-19 season, growing up through Russia’s juniors league. He remains unsigned in the NHL. Carolina originally drafted him in the fifth round of the 2019 NHL Draft.
Injury Notes: Andersen, Norris, Liljegren
Carolina Hurricanes goaltender Frederik Andersen will hopefully return within the next week, per Hurricanes general manager and president Don Waddell. Andersen has been out since November 2nd, battling a deep-vein thrombosis with a subsequent pulmonary embolism. Andersen was cleared to resume skating on January 31st. Now nearly a month later, Andersen is progressing back to game readiness – a sigh of relief for a Carolina team that’s leaned on five different goalies this season.
Andersen played in six games this season before stepping away, recording four wins and a .894 save percentage. He served as Carolina’s most frequently used goalie last season, playing in 34 games and recording a .903 save percentage. It was a step down from the 2021-22 season, his first year in Carolina, when he managed an impressive 35 wins and a .922 save percentage in 52 games. The 34-year-old Andersen is signed through the end of the 2024-25 season, carrying a $3.4MM cap hit.
Other notes from around the league:
- The Ottawa Senators are expecting to miss forward Joshua Norris for an extended time, per the team’s head coach Jacques Martin. Norris recently underwent an MRI to assess the severity of an upper-body injury. He sustained the injury in Ottawa’s Tuesday night game against the Nashville Predators, crashing hard into the boards. The collision seemed to come close to Norris’ left shoulder, which was surgically-repaired after the 2019 World Junior Hockey Championship. This news could make Norris a candidate for long-term injured reserve, which would provide Ottawa with enough cap space to recall extra bodies to fill in for Norris.
- Timothy Liljegren is continuing to carry a day-to-day injury designation and won’t play in the team’s Thursday night game against Arizona, per head coach Sheldon Keefe. Liljegren has been out since February 4th, battling an undisclosed injury. He’s recorded 16 points in 40 appearances this season.
Canucks, Hurricanes Discussed Elias Pettersson Trade Before Extension Talks
The Vancouver Canucks came close to trading star centerman Elias Pettersson, Sportsnet’s Elliotte Friedman reports. Friedman shared that Vancouver was engaged in trade talks with the Carolina Hurricanes that advanced a serious enough point that Vancouver was forced to make a decision – ultimately opting to take another pass at extending the top-scoring 25-year-old. News of the trade talks was enough to inspire Pettersson to allow his representative Pat Brisson to continue discussing a new deal in Vancouver. The two sides remain steadfast on finding an extension, as reported earlier this week.
While Pettersson rumors have swirled around in light of few extension talks, there has yet to be serious weight to any trade talks. That’s now changed, as the Canucks inched towards dealing their star to one of the NHL’s premier teams. There’s no doubting that any deal involving Pettersson would go down in history. The young forward has 29 goals and 75 points in just 61 games this season, scoring at an 82-game pace of 39 goals and 101 points. That would fall just narrowly short of the career-high Pettersson recorded last season, when he managed 39 goals and 102 points in 80 games.
Pettersson’s scoring this season leads all U26 players in the NHL, ahead of major names like Cale Makar, Jesper Bratt, Jack Hughes, and Tim Stutzle. Speculating a price for such one of the league’s top players is never an easy feat – and Pettersson’s case is made even more difficult by the lack of clear assets on either side. The most recent comparable deal is likely when the Calgary Flames traded Matthew Tkachuk to the Florida Panthers for Jonathan Huberdeau, MacKenzie Weegar, Cole Schwindt, and a first-round pick.
But that trade swapped one 100-point scorer for another, something that Carolina neither has nor
would be willing to part with. The Hurricanes’ greatest value sits in 26-year-old Sebastian Aho, 21-year-old Seth Jarvis, and 23-year-old Andrei Svechnikov. One of these names would likely need to move in a Pettersson deal – both to add value and create lineup space – though Carolina would still likely need to add value. That could come in the form of reliable centerman Martin Nečas, who has come into his own in recent seasons, or defense depth such as Brett Pesce, Brady Skjei, or Dmitry Orlov. Carolina also has their first-round pick in each of the next three drafts, all of which could have come into play.
Vancouver is, for now, aiming towards extending Pettersson – likely poised to offer him a record-setting contract. If they do, they’ll lock up their forward of the future to lineup alongside defenseman of the future Quinn Hughes, who has three more seasons left in a six-year, $47.1MM contract signed in October of 2021.
Maple Leafs Activate Joseph Woll, Loan Maxime Lajoie To AHL
The Toronto Maple Leafs have activated goaltender Joseph Woll off of long-term injured reserve. He’s missed the team’s last 35 games, sitting out since December 7th with an ankle injury. Toronto also loaned defenseman Maxime Lajoie to the minor leagues, in order to make space for Woll’s return.
Woll is expected to start for Toronto when they take on the Arizona Coyotes on Thursday night. He’s now one of three goalies on the Leafs’ active roster, alongside Martin Jones and Ilya Samsonov. Samsonov is expected to back up Woll on Thursday, though the Leafs are planning to continue carrying three goaltenders for the foreseeable future, head coach Sheldon Keefe shares.
This list could grow quickly, though, as veteran netminder Matt Murray is progressing from bilateral hip surgery, and rookie Dennis Hildeby is continuing to post strong numbers in the minor leagues. While Murray hasn’t played any games this season, and Hildeby has yet to make his NHL debut, both goalies could quickly challenge the security of Toronto’s crease.
But a goalie race could be good for the Maple Leafs, who boast impressive young talents in Woll and Hildeby, serviceable veterans in Samsonov and Murray, and a reliable pro in 34-year-old Jones. It’s Woll that seemingly has a leg up on his competition, recording an impressive eight wins and .916 save percentage in the 15 games he’s been healthy for this season. He and Jones are the only Leafs goalies carrying a save percentage above .900 this season, though Murray posted a .903 in 26 games last year. He’s recovering from a similar surgery to Jesse Puljujarvi, who is still fighting his way back into an everyday NHL role. Answering how quickly Woll can return to form after two months out, and how limited Murray will be after intense surgery, will go far in helping Toronto identify the goalie that will lead them into the postseason.