Jakob Pelletier

Jan. 31: Both teams officially announced the swap late last night. It’s the Flames’ own 2025 second-rounder and their 2028 seventh-rounder heading to the Flyers.

Jan. 30: The Flames and Flyers are working on a trade that will send winger Andrei Kuzmenko to Philadelphia, per Frank Seravalli of Daily Faceoff. Elliotte Friedman of Sportsnet adds that winger Jakob Pelletier is heading to the Flyers as part of the swap. Heading Calgary’s way in return are forwards Joel Farabee and Morgan Frost, Seravalli reports. Friedman adds that the Flyers were on Kuzmenko’s 12-team no-trade list, but he waived the clause to make the move happen. Finally, Seravalli reports a second-round and seventh-round pick are headed to the Flyers along with Pelletier and Kuzmenko to complete the trade.

To put things plainly, Kuzmenko is a pending unrestricted free agent needing a change of scenery. The soon-to-be 29-year-old has struggled to stay in the lineup this season despite a $5.5MM cap hit. While he missed some time due to a lower-body injury in December, he was recently a healthy scratch for a three-game stretch and has been limited to 37 of Calgary’s 49 games overall. In those appearances, the Russian sniper is averaging just over one shot on goal per game and has converted at a career-worst 10.3% rate, working out to only four goals and 11 assists for 15 points.

That dip in production is evidence of the 5’11” winger’s inconsistency, but he’s shown flashes of proper top-six play since arriving in the NHL as an undrafted free agent signing by the Canucks in 2022. He erupted for 39 goals and 74 points in his rookie season while playing primarily on Elias Pettersson’s wing, shooting at a league-high 27.3% and averaging over 16 minutes per game with strong possession metrics (52.9 CF%, 55.2 xGF% at even strength).

Kuzmenko landed a rich two-year, $11MM extension midway through his rookie campaign as a result of his efforts, but it’s been marred by up-and-down play. His production dropped to eight goals and 21 points through the first 43 games of the 2023-24 campaign before he was sent to Calgary in the deal that sent Elias Lindholm to the Canucks. He rediscovered his sharp-shooting ways after the move to Alberta, ending the season with 14 goals and 11 assists for 25 points in 29 appearances. He was the second-most productive Flames forward after the swap on a per-game basis, trailing only Nazem Kadri (36 points in 33 games).

But as in Vancouver, Kuzmenko hasn’t been able to carry his production over into year two with his new club. His minus-seven rating ranks fourth-worst on the team, but possession metrics paint a much rosier picture. His 53.6 CF% at even strength is sixth on the team and fourth among forwards, while his expected +1.9 rating is fifth. He’s not generating nearly enough individual offense to make his strength as a scorer shine through, but he’s not been a meaningful liability away from the puck, either.

Philly picks up an inconsistent but high-ceiling option on the wing in Kuzmenko, and they pick up a similar but younger archetype in Pelletier. Selected in the first round by the Flames in 2019, he’s only just beginning to break through as an impact NHLer. The 23-year-old has only 10 points in 37 career appearances entering the season and even cleared waivers on his way down to the minors at the beginning of the season. He’s gotten more chances in the NHL lineup as the campaign has progressed, though, and has earned an everyday role in the lineup over the last six weeks.

Since first being recalled at the beginning of December, Pelletier is tied for sixth on the Flames in scoring with 11 points (4 G, 7 A) in 23 games. He also has a team-high +10 rating during that span despite averaging only 12:57 per game. There’s significant upside with both players, especially if thrust into consistent top-six roles.

The Flyers also open up some long-term flexibility by dealing Farabee, who’s had similar struggles to Kuzmenko this season, to Calgary. He costs slightly less than Kuzmenko against the cap – $500K, to be exact – but is signed through the 2027-28 campaign. Philadelphia will get out of Kuzmenko’s deal in a few months and also open up short-term cap space by swapping the $2.1MM Frost for a six-figure Pelletier.

Farabee has a much longer NHL track record than Kuzmenko despite being four years younger, but he’s also failed to flash the ceiling Kuzmenko has. His career-highs only check in at 22 goals and 50 points, both set last season while skating in all 82 games for Philadelphia. The 2018 first-rounder has 90 goals and 201 points in 383 career outings for the Flyers since entering the league six years ago.

At 24 years old (25 in a few weeks), Farabee fits the Flames’ retooling timeline better than Kuzmenko, and even if his $5MM cap hit is steep for his inconsistent production, he’s cost-controlled in the event he breaks out. This season has been difficult for Farabee, who’s shooting at a career-worst 8.1% and has eight goals with 11 assists for 19 points through 49 games. That’s the worst point-per-game pace of his career by a decent margin, and his possession impacts are also among the worst on the Flyers. While the cost control could be a gift if he returns to a 50-point pace in top-nine minutes, Calgary is taking on a significant amount of risk with three more seasons left on his contract.

They do pick up a promising young center in Frost, matching the type of player general manager Craig Conroy has been looking to acquire since their hot start to the season. Calgary was among the teams to check in with the Sabres on Dylan Cozens’ availability, Pierre LeBrun of TSN and The Athletic said a couple of weeks ago, but Frost is a much lower-risk option contractually as a pending restricted free agent with a $2.4MM qualifying offer.

Frost, 25, was a first-rounder in 2017 and ranks fifth on the Flyers in scoring with 25 points (11 G, 14 A) through 48 games. He was an eyebrow-raising healthy scratch on a few occasions early in the season but has played every game since Nov. 23. He’s on pace to produce in the 40-50 point range for three years straight now, averaging north of 15 minutes per game and steadily improving in the faceoff circle. His 51.6% win rate on draws this season is a career-high and immediately ranks tops among Flames with at least 100 attempts this season.

The Flames ended up with a net cap gain of $800K in the swap, a negligible figure considering they entered the night with nearly $44MM in current space, per PuckPedia. No corresponding transactions will be required to execute the deal with an equal number of roster players changing hands, either.

Images courtesy of USA Today Sports.

David Pagnotta of The Fourth Period was the first to report the Flames were sending draft picks to the Flyers to complete the deal.