Trade Deadline Primer: Pittsburgh Penguins
With the Olympic break upon us, the trade deadline is under a month away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league at teams on the playoff bubble; next up are the Penguins.
The Penguins spent the summer collecting what appeared to be spare parts, and many expected them to be a top contender for the first overall pick in this summer’s NHL Entry Draft. That has not been the case, however, as the Penguins have defied projections and their own uneven play to find themselves not only in the hunt for a playoff spot but also in a position to earn home-ice advantage in the first round of the NHL Playoffs. It’s been a fun, feel-good story thus far, but it has certainly changed the calculus for Penguins GM Kyle Dubas as he heads into the trade deadline. What once appeared to be a surefire sell-off now feels as though it could turn into a conservative shopping spree for the Penguins.
Record
29-15-12, 2nd in the Metropolitan
Deadline Status
Conservative Buyer
Deadline Cap Space
$53.52MM on deadline day, 0/3 retention slots used, 46/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: PIT 1st, PIT 2nd, WPG 2nd, PIT 3rd, SJ 3rd, NSH 6th
2027: PIT 1st, PIT 2nd, NYR 2nd, PIT 3rd, NJ 3rd, WPG 4th, PIT 5th, PIT 6th, PIT 7th
Trade Chips
The Penguins have no lack of trade chips heading into this deadline, which is something they haven’t been able to say all that often in recent years. Pittsburgh has built a healthy backlog of prospects and a robust stockpile of draft picks for the coming years. That said, GM Kyle Dubas has shown a willingness to pivot from the plan slightly if it makes sense to bring in young, controllable talent. In some cases, Dubas has brought in talent along with futures, but the deadline may be an opportunity for Pittsburgh to move some pieces out for a bigger piece.
So, who could Pittsburgh trade? Well, last summer’s trade chips are probably not on the table, given their playoff positioning. That list includes Bryan Rust, Erik Karlsson and Rickard Rakell, and unless Pittsburgh is blown away, it feels like all three will remain with the Penguins. In fact, it feels like most of Pittsburgh’s current NHL roster is safe for this season, because it is a tight-knit group, and it would be hard to tell the veterans that they need to subtract talent.
But what about in the minors? One potential chip is 2022 first-round pick (21st overall) Owen Pickering. The hulking defenseman hasn’t progressed as Penguins management would have hoped, but he shows signs of being an NHL defenseman, possibly even in the team’s top four. Pickering has long been viewed as a defenseman with a very high ceiling. He is mobile, has good size, and is reasonably skilled with the puck on his stick. That said, Pickering remains a project, and there is work to do on the defensive side of his game. Pittsburgh has been patient with his development, but you have to wonder if the Penguins might see him as another potential Samuel Poulin, a former first-round pick who ran out of chances and watched his trade value fall to nothing. Pittsburgh has to make a call on Pickering soon, and they could leverage him as trade bait before that decision is made.
Another prospect who has fallen out of favour this season is Ville Koivunen. The forward was a key piece in the Jake Guentzel trade two years ago and showed enough last season to have people thinking he would be part of Pittsburgh’s top six this year. He had chances this season, but his play was uninspired, and he was quickly returned to the AHL, where he has been fantastic, posting 25 points in 20 games. Koivunen has a ton of skill and hockey IQ, but he isn’t overly big or strong, nor is he fleet of foot. He will rely on his smarts to score, but there is an adjustment to the NHL game Koivunen hasn’t made yet. Given that Koivunen is probably Pittsburgh’s highest-skilled prospect, it’s hard to imagine them dumping him in a deadline move, but anything is possible.
Finally, we return to the NHL roster and the possibility of moving a player off it. While it seems unlikely that Pittsburgh makes any major changes with the big club, there is always the possibility that a team blows them away with an offer for one of their veterans. Rust, Rakell, and Karlsson aren’t likely to be moved, but a player like Noel Acciari probably wouldn’t be off limits. Acciari has formed a formidable fourth line with Blake Lizotte and Connor Dewar and is a free agent this summer. Pittsburgh isn’t likely to re-sign the 34-year-old, but Acciari has played well enough to get paid this summer. If a team made a strong enough offer, one would have to believe Pittsburgh could be persuaded to move him if it improved their long-term future.
Team Needs
A Right Shot Defenseman: It’s easy to look at the Penguins’ defensive core and think their bigger issue might be on the left side, but Pittsburgh is banged up on the right side. Kris Letang is out, as is Jack St. Ivany, and with those two hurt, the right side looks very thin. Ryan Shea has been filling in recently, but his performance has declined, and he looks uncomfortable in his current role. Right-handed defensemen are historically hard to acquire, and given that Dubas has been stockpiling assets, he probably isn’t interested in turning a bunch back to acquire a stopgap. An under-the-radar trade feels likely here rather than a big addition, but Dubas is nothing if not unpredictable, so it wouldn’t be a shock to see him look for a longer-term solution if it fits the bigger plan.
Top Nine Forward Help: The Penguins look set up front and able to roll four consistent lines. However, they lack depth beyond their top 12 forwards and struggled when several forwards were sidelined by injury in December. Pittsburgh lost 9 of 10 games during that stretch as the loss of Evgeni Malkin, Anthony Mantha, and Justin Brazeau eroded the team’s depth. Given the Penguins’ history of injuries, adding an extra top-nine forward might be a wise move to prepare for such an unfortunate series of events. The Penguins don’t need to break the bank to acquire an additional body and could certainly shop the bargain bins to add a bit of depth just in case they run into injury troubles in the final weeks of the season.
Trade Deadline Primer: Philadelphia Flyers
With the Olympic break upon us, the trade deadline is under a month away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league at teams on the playoff bubble, next up: the Flyers.
For the second consecutive season, the Philadelphia Flyers are a team on the bubble with the odds not in their favor. Based on points percentage, the team has taken a step back from last year’s results before their infamous late-season collapse. Furthermore, second-year winger Matvei Michkov has taken a significant step back. This season, Philadelphia’s prize prospect has scored 13 goals and 29 points in 55 games, averaging 14:34 of ice time per game. Michkov had scored 16 goals and 36 points while managing a 16:01 ATOI at this point last season. If the Flyers have any chance of future success, they’ll want to prioritize getting Michkov back on track.
Record
25-20-11, 6th in the Metropolitan (10.7% playoff probability)
Deadline Status
Short-term sellers/long-term buyers
Deadline Cap Space
$32.38MM on deadline day, 2/3 retention slots used, 46/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: PHI 1st, PHI 2nd, PHI 3rd, CBJ 6th, PHI 7th
2027: PHI 1st, TOR 1st, PHI 2nd, LA 3rd, PHI 3rd, PHI 4th, PHI 5th, PHI 7th
Trade Chips
Given their spot in the standings, it’s assumed that the Flyers will sell off expiring assets such as Carl Grundstrom, Nicolas Deslauriers, Rodrigo Abols, and Noah Juulsen. Philadelphia shouldn’t expect to recoup major assets for the group, though they should have a market for playoff-bound teams looking for depth.
Still, although they are only a few years into their rebuild, the Flyers aren’t necessarily out of the fight in the Metropolitan Division. It would take a significant performance increase to reach the postseason this year, but given the team’s structure, competing next year shouldn’t be out of the question. If any younger players become available, especially those that are already at the NHL level, Philadelphia should be on the phone.
Depending on what they’re looking to add, Philadelphia has a couple of assets they could move. If rival General Managers believe that the post-Mitch Marner Toronto Maple Leafs will continue their downward trend, Toronto’s upcoming 2027 first-round selection could be very enticing to rebuilding teams. The Flyers likely aren’t in a position to move too much of their prospect capital, though they do have a glut of wingers.
Porter Martone, Alex Bump, and Denver Barkey should all be considered untouchables at this point, but would the Flyers be interested in moving recent second-round pick, Jack Murtagh? He’s had a disappointing start to his collegiate career, scoring four goals and seven points in 28 games. Still, he has retained the intangibles that made him a top-64 selection in the first place, and he may be on the outside looking in for top-six Philadelphia wingers for the years to come.
Team Needs
Goaltending Depth: The Flyers have gotten great starts from newcomer Daniel Vladař, who owns a 17-8-6 record in 33 games with a .905 SV% and 2.47 GAA. Still, their options behind him have been nearly unplayable, with typical backup Samuel Ersson carrying an 8-10-5 record with a .856 SV% and 3.51. Philadelphia has Russian prospect Yegor Zavragin waiting in the wings, but at only 20-years-old, he’s likely a few years away.
Young Defenseman: This is where Philadelphia could really make some noise at the trade deadline, if they choose to. Outside of Cameron York and Jamie Drysdale, the Flyers don’t have much in the way of up-and-coming top-four defenseman. Yes, Travis Sanheim has proven capable of leading the blueline, but he’ll be in his 30s next season. Given that reality, if the Buffalo Sabres make Owen Power available, the Flyers could offer a package including Toronto’s first-round pick, a middle-six forward like Bobby Brink, and potentially one of their depth defensemen to start. Even though he isn’t a recent first overall pick like Power, younger defensemen such as Pavel Mintyukov have a lot of upside, but their value may be lower at the deadline.
Image courtesy of Charles LeClaire-Imagn Images.
Should The Red Wings Trade Cam Talbot?
The Detroit Red Wings are in an interesting position leading up to the trade deadline. They sit third in the Atlantic Division but are only seven points away from the postseason cutoff entirely. Given their position, it’s unlikely that they’ll remove any pieces from their active roster, but would it make sense in the long run?
There’s no question: it’s John Gibson‘s net in Detroit. After a shaky start with the second franchise of his career, he’s been nearly unstoppable since December, posting an 18-5-1 record in 24 games with a .923 SV%. The team in front of him has been performing well, but it is difficult to argue that the Red Wings’ recent success is not primarily due to Gibson’s excellent play in goal.
That leaves veteran Cam Talbot in an awkward spot. Splitting the net at the beginning of the year, Talbot is now cemented as the team’s backup, playing in nine games since December, with one of those coming in relief. It comes one year after he received the majority of starts in Detroit, earning a 21-19-5 record in 47 games with a .900 SV% during the 2024-25 season.
Given their competitive nature and firmly being in playoff contention for the first time in a decade, it usually wouldn’t make sense for Detroit to reduce its roster. However, Talbot is one of the easiest netminders to move, given his lack of trade protection and relatively low salary. Coupled with the fact that the trade market for netminders is relatively thin, General Manager Steve Yzerman could capitalize in a big way.
His hypothetical market would be limited, but there would be at least a few teams. The Carolina Hurricanes, Edmonton Oilers, and Vegas Golden Knights are competitive teams in need of goaltending reinforcements. It’s hard to envision Talbot becoming the starter for any of those teams, but he would at least provide some much-needed breathing room if something went wrong with their regular starters.
Detroit wouldn’t need a goaltender in return, either. They would gain the flexibility to add almost anything; either deepen their resources in some way or acquire additional assets for future trades.
Knocking on the door last year, Sebastian Cossa has completely knocked it down this season. In 26 games for the AHL’s Grand Rapids Griffins this season, Cossa, 23, owns a 20-4-2 record with a .928 SV% and 1.99 GAA, including four shutouts. His performance this season, in a vacuum, isn’t the only argument for promotion. He has a .913 SV% across 110 games at the AHL level, showing that he’s ready to some capacity.
If the Red Wings continue to use Gibson as they have, Cossa would be burdened with only seven or eight starts throughout Detroit’s last 24 games to finish the season. If Cossa is going to back up Gibson next season anyway, what more valuable experience could you give a young netminder than see a seasoned veteran like Gibson prepare for the postseason?
To be clear, this isn’t an argument that this should be the Red Wings’ only move at the deadline, or even a priority. Still, if there is a market for him, they’re in a unique position to acquire assets for someone they know won’t be on the team next season and remain competitive.
Trade Deadline Primer: New Jersey Devils
With the Olympic break upon us, the trade deadline is under a month away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league at teams on the playoff bubble, next up: the Devils.
This season hasn’t gone as anyone hoped in New Jersey. After rebounding from a disappointing 2023-24 campaign to make the postseason again last year for the second time in the Jack Hughes era, they looked to be well on their way to their first consecutive playoff appearances since 1997-2010 after starting the campaign 8-1-0. Since that torrid start, though, they’re 20-26-2 and entered the break on a three-game skid. Breaking through the crowded Eastern Conference field, even if they go on a tear, to make the playoffs at this point is unreasonable. That said, with a skilled base and multiple long-term commitments on the books, a full teardown won’t be in the cards.
Record
28-27-2, 7th in the Metropolitan (2.4% playoff probability)
Deadline Status
Short-term sellers/long-term buyers
Deadline Cap Space
$7.66MM on deadline day, 0/3 retention slots used, 48/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: NJD 1st, NJD 2nd, WPG 4th, NJD 5th, NJD 6th
2027: NJD 1st, NJD 2nd, NJD 4th, NJD 5th, NJD 7th
Trade Chips
The Devils already made a move this month, swinging a deal for veteran center Nick Bjugstad from the Blues on the last day before the Olympic roster freeze. Given Bjugstad’s under contract through next season, it was more of a cheap add to fill out their bottom-six forward depth for 2026-27, more than anything else.
General manager Tom Fitzgerald could make similar pickups before March 6. With the playoffs out of reach and New Jersey’s arsenal of mid-to-late-round draft picks over the next couple of years looking light, though, he’d be remiss not to examine the market for his few pending UFAs.
That list is short, at least among those in the NHL right now: forwards Evgenii Dadonov, Luke Glendening, and Zack MacEwen. New Jersey was hoping Dadonov could have been a shrewd veteran pickup on a one-year deal in free agency last summer, but hand and wrist issues have cost him most of the season. That’s interrupted his confidence, and he’s a -3 rating with no points in 17 games as a result. Contenders may nonetheless take note of his decent playoff showings for the Stars over the last few seasons, though, plus the fact that he put up 20 goals and 40 points in a third-line role just last year.
Glendening has already been largely rendered redundant by the Bjugstad pickup. The former has struggled as New Jersey’s fourth-line pivot after a successful professional tryout in training camp, limited to four assists in 52 games with a -11 rating. Even for a defense-first bottom-six piece like Glendening, that’s disappointing output on both ends. He’s not providing any penalty-killing value, averaging a career-low 9:54 of ice time per game, and has won 51.7% of his draws after hovering near 60% for much of the last few years. While Dadonov could have some intrigue, there likely won’t be any callers on Glendening.
MacEwen has only suited up in three NHL contests this year because of injuries, but he’s accumulated 240 games of NHL experience and could fill a token enforcer role for a contender looking to beef up their 13th forward spot.
Long-term cap space is something of a concern for the Devils. Arseny Gritsyuk needs a new deal this summer, and captain Nico Hischier‘s deal is up in 2027, along with Dawson Mercer‘s. It would make sense for New Jersey to consider moving a player with term at a position of excess if the deal lowered their cap spend while getting at least some NHL-ready talent in return. They already made a similar swap by sending Ondřej Palát to the Islanders for Maxim Tsyplakov, although they had to attach a mid-round pick to do so.
There are multiple candidates on defense who jump out. Dougie Hamilton has seen his name pop up in rumors for the Devils to clear cap space as far back as last offseason, but his no-movement clause – which runs until the deal expires in 2027-28 – has allowed him to block at least one deal. For his $9MM cap hit and limited defensive utility, teams would want to see more production than the seven goals and 21 points he has in 52 games this season, too.
Johnathan Kovacevic earned a five-year, $20MM extension off his breakout 2024-25 campaign, but knee surgery has limited him to two assists and a -6 rating in 11 games. Getting a team to take on a four-year risk without seeing more of a post-surgery sample size might be difficult, though.
Team Needs
Goaltending Help: Jacob Markström simply hasn’t been a passable starting option this season. With a two-year, $12MM extension set to kick in next year, that’s a problem. He’s posted a .882 SV% in 30 games while allowing -10.9 goals above expected. Veteran Jake Allen remains a high-end 1B option but can’t handle more than 30 or so appearances a year. Third-stringer Nico Daws has been excellent in call-up action but is having a very difficult year in AHL Utica, where he owns a .881 SV% and 6-13-10 record in 28 games. 2024 second-rounder Mikhail Yegorov once looked like he could compete for NHL time as soon as next season, but he has taken a considerable step back with Boston University this year. That’s left the Devils in a tough spot organizationally, top to bottom. Moving Markström would be difficult, but attempting to swap Daws for someone who could serve in a three-goalie rotation with him and Allen might be worth exploring.
Depth Scoring: Everybody’s had a tough time finishing in Jersey this season outside of Hughes, who’s held up his end of the bargain with another point-per-game season. Injuries have limited him to just 36 appearances, though, and the Devils’ offense is in the basement as a result. At 2.51 goals per game, only the Flames are scoring at a lower rate. Sure, Jesper Bratt and Hischier and Timo Meier have all had offensive step-backs, but they’ve gotten minimal support from bottom-sixers like Paul Cotter (5 G, 10 P in 54 GP) and Stefan Noesen (3 G, 7 P in 38 GP). Adding a more consistent middle-six scoring option, either at center or on the wing, should help the push for a playoff spot next season as Bratt’s, Meier’s, and Hischier’s numbers rebound.
Image courtesy of Charles LeClaire-Imagn Images.
Poll: Which Team Should Make The Biggest Push For Shane Wright?
A weak Western Conference has the hot-and-cold Kraken still squarely in contention for a playoff spot. Seattle had won six of eight entering the break, moving them into third in the Pacific Division and tied with the Ducks for the second wild-card slot (although the Kraken have three more regulation wins).
Despite teetering on the edge of a berth all season, general manager Jason Botterill’s overall deadline strategy appears to be as aggressive as possible. 2022 fourth overall pick Shane Wright is one name that could very well be on the move after reports last month indicated they were open to dangling him as the big fish to land a major upgrade for their top-six forward group.
While it would normally be surprising to see a team so uncertain of its short-term outlook being willing to dangle such a high-value young asset, Seattle has assembled a deep prospect pool over the last few years that can easily handle the loss of Wright. Even just considering centers, they’ve supplemented him with two more top-10 picks in Berkly Catton in 2024 and Jake O’Brien last year.
The desire to give Wright a fresh start elsewhere appears to come from both player and team. That makes sense considering Wright has had his ice time reduced from last season under first-year head coach Lane Lambert, despite coming off a strong 19-goal, 44-point effort in 79 games in his first extended look in NHL minutes in 2024-25.
As a result, this year his production has dipped to 11 goals and 22 points in 56 games. That’s a points-per-game decrease from 0.56 to 0.39, accompanied by a 10-second drop in ice time per game.
The Ontario native has also struggled in the two most important secondary areas for a center – faceoffs and possession control. He’s winning just 37.9% of his draws this year after hitting 44.4% last season while controlling 46.3% of shot attempts at even strength. The latter number is particularly disappointing considering he’s been given sheltered usage, starting over two-thirds of his shifts in the offensive zone.
Nonetheless, there are a few teams looking to move out a top-six piece that wouldn’t benefit from a 22-year-old center with the pedigree of being a top-five pick. Which sellers should be the most aggressive in trying to ensure they strike a deal with Kraken and recoup Wright?
Calgary Flames
Even among sellers, you’d be hard-pressed to find a team with two tangible top-six forwards – with term – to use as trade chips. If Seattle wants to make a push for either Blake Coleman or Nazem Kadri, the Flames are asking for Wright as the starting piece of the return, especially for the latter.
They’ve done well to build out their prospect pool on defense (particularly the right side) and on the wings, but they’re missing a clear-cut top-six piece down the middle long-term, especially with Samuel Honzek appearing to shift to the wing full-time and Cole Reschny‘s slighter frame likely making him a better fit at left wing than center at the NHL level. They’re not currently icing a center under the age of 25 in the NHL, either, at least not with John Beecher injured.
Adding Wright gives them more hope down the middle long-term with greater offensive upside than a name like Honzek has been able to show in the pros thus far.
New York Rangers
Seattle made a big contract offer to Artemi Panarin but struck out with the winger deciding it was L.A. or bust. With the two clubs already having engaged in trade talks on the star winger, the Kraken might opt to put themselves in the conversation for Rangers middleman Vincent Trocheck as well.
For a team still in the earlier stages of a retool like the Rangers, they wouldn’t be too concerned with position when getting as high-value an asset as Wright back in a deal. Nonetheless, recouping a young, higher-ceiling center by March 6 would be a dream scenario for Blueshirts GM Chris Drury.
The Rangers’ arsenal of U23 potential top-six contributors at forward – Gabriel Perreault, Liam Greentree, and Malcolm Spence – are all wingers. Their best center prospect, 22-year-old Noah Laba, has operated as their third-line center for most of the year and, while he’s clearly made the jump to full-time NHLer status, has never been touted as anything more than a long-term 3C option.
With such a pressing positional need down the middle, especially if they’re intent on flipping Trocheck with several years left on his deal, Wright is a perfect addition.
St. Louis Blues
The Blues aren’t actively shopping Robert Thomas, but they are listening to offers. It will still take a gargantuan price tag – reported to be four first-round picks or equivalent assets – to land a deal, but the Kraken are well-positioned to do so with Wright ready to fill one of those four slots and four first-round picks available in the next two drafts.
Unlike for Calgary and New York, though, adding Wright down the middle would more signal a completion of the long-term puzzle down the middle than a much-needed jumpstart. Dalibor Dvorsky, still just 20 years old, has arrived this season as he looks to be a high-end second-line piece for St. Louis throughout his prime. Another recent first-rounder, Otto Stenberg, hasn’t looked out of place in NHL action this year, either.
Wright’s sluggish development so far wouldn’t solve the need for finding a bona fide first-line piece to serve as a direct replacement for Thomas, but he would give the Blues ample top-nine depth for their next playoff contention window.
Vancouver Canucks
The Canucks are headed straight toward the best odds at the first overall pick in this year’s draft, in large part due to a lack of production from the middle of the ice. Their middle-six pivots for much of the year, David Kämpf and Aatu Räty, have combined for all of five goals.
They already picked up Marco Rossi from the Wild in the Quinn Hughes deal, but he’s battled through a broken foot this season and only had a goal and an assist in eight appearances for Vancouver before the break. There’s also the matter of star first-liner Elias Pettersson, who’s still struggled to get anywhere close to the heights of his 102-point breakout three years ago. He’s scoring at a 57-point pace this season, the worst of his career.
If Seattle wants to buy low on the high-priced pivot, Wright won’t have more opportunity at premier minutes anywhere else than in Vancouver.
If the Kraken do leverage Wright into a top-six upgrade, which team would stand to reap the most rewards? Have your say in the poll below:
Which Team Would Benefit Most From Landing Shane Wright?
Trade Deadline Primer: Toronto Maple Leafs
With the Olympic break upon us, the trade deadline is under a month away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league at teams on the playoff bubble, next up: the Maple Leafs.
The Toronto Maple Leafs sit just six points out of a Wild Card spot with the Olympic break in full swing. Yet, the Maple Leafs season has felt far more disastrous, plagued by low-scoring stars and new faces unable to bring a spark. Toronto has tread water for much of the year and now face the difficult decision of whether to try and move up, or down, in the standings. Their stars are in their primes and playoffs are still in sight – but Toronto is also low on both assets and cap space. How they handle the 2026 Deadline could be the first push into new waters for the Maple Leafs organization.
Record
27-21-9 (6th in Atlantic Division)
Deadline Status
Sellers
Deadline Cap Space
$5.08MM on deadline day, 0/3 retention slots used, 46/50 contracts per Puckpedia.
Upcoming Draft Picks
2026: TOR 3rd, TOR 5th, SJS 6th
2027: TOR 2nd, TOR 4th, TOR 5th, PHI 6th, TOR 6th, TOR 7th
Trade Chips
The Maple Leafs moved much of their remaining trade assets to bring in Scott Laughton and Brandon Carlo at the 2025 Trade Deadline. One year later, Laughton could now sit at the top of Toronto’s market options – though certainly at a much cheaper price. He hasn’t found his footing in Toronto’s middle-six, with just 11 points in 39 games this season and 15 points in 59 games as a Maple Leaf. Laughton is also averaging just 13:43 in ice time on the year, his lowest mark since 2017-18. He still provides a veteran presence down the depth chart, and special-teams upside, that could be enough to sway a team looking to add to their bottom-six. After acquiring him for a prospect and a first-round pick, the Maple Leafs could hope to recoup a draft pick near the top of Day Two in another Laughton trade.
Toronto has two more options on the wings in Bobby McMann and Matias Maccelli. McMann has dug in a role in the Leafs’ middle-six with his breakaway speed and aggressive forechecking. He leads all Maple Leafs forwards in hits (126) and ranks sixth on the team in total scoring (32 points). It has, in some ways, been a career-year for the 29 year old, who seems to be finding his groove as the tenacious worker behind Toronto’s stars. That value and momentum could be both be shrewd adds on the open market, maybe even enough to swing Toronto back a roster player in the right package. Other teams will find a more skill-first – and surely, a cheaper – option in Maccelli. The speedster has been quiet in his first year with the Maple Leafs after a tremulous end to his time with the Utah Mammoth. He has 24 points and a minus-12 in 46 games this season. Maccelli projects as a bottom-six winger – even despite once reaching 40 assists in a single season. He is an upside buy who, like Laughton, could land enough of a return to help Toronto stock their cabinets.
Many of the remaining Maple Leafs veterans could find their way into trade discussions. Nicolas Roy has proven to be a standup, bottom-six center capable of playing both sides of the puck. He has 20 points and a plus-two in 54 games this season, making him one of only three Maple Leafs forwards with at least 20 points and a positive plus-minus. Roy has also won 53.6 percent of the 577 faceoffs he has taken this season. Toronto could also offer fourth-liners Steven Lorentz and Calle Jarnkrok to teams in need of more forwards.
Trade Needs
More Stake in the Future: With so little to offer, the primary focus of Toronto’s Deadline should be restocking their cabinets. The Leafs only have three picks in this year’s draft, which would tie their 2021 and 2023 classes for fewest in Maple Leafs history with no additions. Toronto made good work of those groups – landing Matthew Knies in the 2021 second-round and Easton Cowan in the 2023 first-round. But with so few prospects vying for NHL ice time, Toronto could benefit from giving their scouts a few more chances to find gems. The Maple Leafs could add two or three more picks before the fifth round by moving out some of their veterans on the fringe. Those deals would help Toronto hedge their bets for the rest of the 2020s, while also only expanding their space to land a big fish.
A Difference Maker: Even with Knies growing into the spot left by Mitch Marner, the Maple Leafs still seem to be missing a true difference-maker in the lineup. Toronto’s focus should only shift to buying if they’re able to land a player who can step into the top-nine right away. Landing a big fish like Nazem Kadri or Robert Thomas would require capital that the Maple Leafs simply don’t have; while focusing on veteran leaders like Boone Jenner or Brayden Schenn would risk repeating the Laughton trade. Toronto will have to find a way to bridge the gap and land the needle-pushers in the market’s second-layer. Smart negotiating could be enough to pull former Conn Smythe Trophy winner Jonathan Marchessault away from the struggling Nashville Predators for only a few picks. The same could be said about center Ryan O’Reilly who has no trade protection on his current deal – though chances of that are slim after his previous, and very brief, stint in Toronto. Instead, the Maple Leafs could look to pay a bit more for Vancouver Canucks wingers Conor Garland or Jake DeBrusk. Both bring strong impacts while Vancouver is certainly focused on the future after dealing away Quinn Hughes. Forwards Miroslav Holinka and Nicholas Moldenhauer could be interesting options to include in negotiations with some of the league’s rebuilders.
Trade Deadline Primer: Winnipeg Jets
With the Olympic break upon us, the trade deadline is under a month away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league at teams on the playoff bubble, next up: the Jets.
The Jets entered this season with the loftiest expectations after capturing the Presidents’ Trophy last year. Unfortunately, injuries and inconsistency have set the club back, and it is well below .500, struggling to climb the Western Conference standings. The playoffs look unlikely at this point, but with most of their stars signed long term, the Jets aren’t likely to push the button on a rebuild. A small retool in the offseason seems probable, and the Jets do have the personnel to turn around their fortunes in a hurry. The deadline feels like a good time to begin the retooling, and it seems likely they will move on from their pending UFAs.
Record
22-26-8, 7th in the Central (5.5% playoff probability)
Deadline Status
Seller
Deadline Cap Space
$17.44MM on deadline day, 0/3 retention slots used, 45/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: WPG 1st, WPG 3rd, WPG 5th, WPG 6th, WPG 7th
2027: WPG 1st, WPG 3rd, WPG 5th, WPG 6th, WPG 7th
Trade Chips
Winnipeg has yet to define itself as a seller, but it will need to pivot to that mindset, barring a miraculous short-term turnaround. The Jets want to win and were presumably built to win this season, but things haven’t panned out. If the team does begin a mini selloff, it has some desirable veteran pieces, particularly on the backend.
Big Logan Stanley is a pending UFA and would surely draw interest from any team looking to beef up their blueline. The 27-year-old couldn’t have picked a better time to have a career year, and he is sure to get paid when he hits the open market. He and the Jets haven’t engaged in contract talks, which is a strong sign he is done in Winnipeg after this year. If the Jets do indeed punt on the season, Stanley could net them some decent assets. At 6’7” and 230 lbs, Stanley will have multiple suitors, which could create a bidding war for Winnipeg to cash in on.
Another defenseman who could net some assets is Luke Schenn. The 18-year NHL veteran isn’t having a great year, but that doesn’t mean he won’t have suitors. Schenn still blocks shots and hits a ton, both desirable traits in the eyes of most NHL GMs. A year ago, the Jets acquired Schenn from the Pittsburgh Penguins for a second-round pick, but it’s hard to envision them getting the same return this time around. That being said, the Jets should be able to nab a similar pick if Schenn is made available, as right-shot defenseman almost always go for a premium.
Up front, Winnipeg has a couple of forwards who would be in demand despite their own poor seasons. Jonathan Toews was brought in to potentially serve as Winnipeg’s second-line center, but he hasn’t been close to the player he once was. He has just 19 points in 56 games this year, but could still serve as a fourth-line center on a solid playoff team. Toews remains elite in the faceoff circle, winning 61% of his draws, and he hasn’t been a drain on possession, even though he’s clearly not the skater he once was. He would need to waive his no-movement clause to facilitate a deal, but if he wants one more shot at a Stanley Cup, it could be possible for him to do so.
Another forward who could fetch a draft pick for the Jets is veteran Gustav Nyquist. The 36-year-old has had a dreadful season with the Jets, tallying just nine assists in 35 games while averaging almost 13 minutes per game of ice time. It’s a sharp drop from two seasons ago, when Nyquist had 23 goals and 52 assists in 81 games and was a key contributor for the Nashville Predators. Nyquist has been fairly inconsistent offensively since crossing the 30-year-old mark, and it looks as though he is a 20-30-point player at this stage of his career. Given the teams that are looking for help offensively, there should be a small, lukewarm market for Nyquist, but if the Jets are selling, there is really no reason to hang onto Nyquist past the trade deadline.
The Jets also have veterans Tanner Pearson, Cole Koepke, and Colin Miller on their roster, but none of those three are likely to fetch much at the deadline other than a low-level prospect or a very late draft pick. Miller is currently dealing with a knee injury, but if he can return to health, he could command the highest return given the robust market for right-handed defensemen.
Team Needs
A Second Line Center: The Jets hoped Toews could recapture the magic from his early Chicago days and fill the void at second-line center. However, Toews’s limited playing time over the last few years has been a glaring issue, and he is no longer a top-six fixture, likely best suited to fourth-line duties. It was a worthy gamble for Winnipeg, given that the market for second-line centers wasn’t exactly a buyer’s market. The Jets need to fill that role going forward, and it likely won’t be easy. Top-six centers don’t grow on trees, and the cost in both the trade market and free agency will be high.
The Jets don’t need to address the issue before the deadline, but if they can trade pending UFAs and stack draft capital and prospects, they could use those assets to try to be buyers in the trade market this summer. There will be options available, likely for veteran players such as Nazem Kadri or Tyler Seguin. While these players have had great careers, the Jets would be better served by targeting a younger player, though it will certainly cost more.
More Depth Scoring: The Jets have relied heavily on their stars this year, which has put a lot of pressure on the likes of Kyle Connor and Mark Scheifele. If those players don’t score, the Jets generally don’t produce offense, since their bottom-six forwards haven’t been able to provide consistent point production. It’s not something Winnipeg is likely to address before the trade deadline. Still, it could be something they target if the right move presents itself, similar to how the Penguins brought in Thomas Novak at last year’s deadline, even though they weren’t a playoff team. Winnipeg needs another playmaker in its middle-six group, and given that playoff teams will be vying for exactly that kind of player, Winnipeg might find better prices in the summer.
If they can find someone to fill that void, particularly on the second forward unit, it could push everyone else down in the lineup, which might allow for better balance and team play five-on-five, something that is lagging well behind other playoff teams.
Photo by Perry Nelson-USA TODAY Sports
Poll: The Red Wings’ Biggest Need At The Deadline
The Red Wings weren’t exactly sluggish heading into the Olympic break. They still mustered a 5-3-2 record in their last 10. But after holding the Atlantic Division lead for a good chunk of the season, that recent pace wasn’t enough to keep them from getting leapfrogged by the red-hot Lightning and Canadiens. Now, they sit in third place in the division with a six-point gap between them and first place, while both Tampa and Montreal have games in hand on them.
The question is whether their recent run of wild-card level play is more representative of their roster than their 18-5-2 run between December and mid-January that vaulted them into the upper echelon of the Eastern Conference. A look at most underlying numbers says the former is true. They’re the only team in playoff position in the East with a negative goal differential (-1) and are 11th in the conference in that regard. Their possession numbers, while improved from a years-long stretch of being in the basement, are still below average. At 5-on-5, they’re 17th in the league in Corsi for percentage (49.9%), 23rd in scoring chance percentage (48.0%), and 20th in high-danger chance percentage (48.8%).
It’s not just advanced possession numbers. Nearly every metric points to the Wings as a middle-of-the-road club. Their team shooting percentage is down to 22nd (10.5%), and their team save percentage is 17th at .893. The only real stat in which Detroit is a top-10 team is power-play percentage, where their ninth-place unit is clicking at 23.1%.
Nonetheless, their 33-19-6 record at the break is good for a .621 points percentage, eighth in the NHL and fifth in the East. With a chance to end a nine-year playoff drought on the line, Detroit GM Steve Yzerman has no choice but to buy. It’s nonetheless clear that the Wings are more than just a rental piece away from being a legitimate Stanley Cup contender, though.
The Bolts, with their underlying numbers backing up their weeks-long hot streak, have more than a 90% chance to run away with the division title. Detroit has a higher chance of falling back into a wild-card spot – or missing the playoffs entirely – than they do to reclaim first place, per MoneyPuck. Most likely, they’ll tread water and end up roughly where they are now with a divisional date against the Canadiens, Sabres, or whoever else falls into the 2/3 matchup with them.
The road to a Conference Final is arduous. The road to their first series win since 2013, though, is traversable. They’re due to run into a similarly flawed roster in the first round if they can hold onto a divisional berth. That leaves Yzerman with a clear directive to start cleaning up around the edges – not necessarily making a big splash for short-term gain – in order to help get them into Round Two.
Their goaltending is set. John Gibson is the clear No. 1 over veteran pending UFA Cam Talbot and has recovered nicely after stumbling out of the gate. If the Wings want to try to flip Talbot for an upgrade in the No. 2 slot, though, that wouldn’t be the worst idea. Gibson’s injury history is a lengthy one, and trusting Talbot, who’s posting a .892 SV% and -5.7 goals saved above expected in his age-38 season, to handle playoff starts is unwise. Giving up a mid-round pick to pursue a UFA-for-UFA flip/upgrade – potentially a reunion with San Jose’s Alex Nedeljkovic – could quietly pay dividends.
Defensive depth has long been the Wings’ Achilles heel as they try to exit their rebuild. Thanks to the arrivals of Simon Edvinsson and Axel Sandin Pellikka over the last two years, that’s no longer as much of a concern. Being one injury away from having to play struggling veteran Travis Hamonic in a playoff game, though, isn’t a comfortable place to be in. When operating at full health, the Wings have been able to deploy Albert Johansson and Jacob Bernard-Docker as an effective third pairing, controlling 52.5% of expected goals. When a top-four name gets hurt, though, Bernard-Docker gets elevated and Hamonic steps in with Johansson. That duo has been shelled for a 42.4 xGF% at 5-on-5, per MoneyPuck.
Regardless of handedness, landing a blue-liner to bump Hamonic down the depth chart – even if the pickup doesn’t take regular playing time away from Bernard-Docker or Johansson – is a wise choice that won’t cost a pretty penny.
For those who haven’t kept in tune with Detroit’s forward group this season, the extremes of where players are producing can be jarring. It’s hard to fathom where the Wings would be this season without Alex DeBrincat‘s torrid stretch, with his conference-leading 205 shots on goal giving him 30 tallies in 58 games. Behind him, though, only three other Wings have hit 10 goals on the year – one of them being bottom-six piece James van Riemsdyk, and nearly half of his production has come on the power play.
More goal-scoring is needed, plain and simple. Detroit’s offense ranks 20th in the league with 2.97 goals per game. Patrick Kane‘s had a rough go of things with only eight tallies in 43 games. Reducing his ice time and responsibility, especially given his defensive shortcomings, should be a priority. That means adding a second-line target to complement DeBrincat, either down the middle or on the wing, who can bump a name like Kane or Andrew Copp down to a more sheltered role at even strength.
Some of them won’t break the bank. Pending UFA Michael Bunting out of Nashville wouldn’t command a huge price but could slot in either opposite DeBrincat on the second line or flank Dylan Larkin and Lucas Raymond on the top unit while adding an appreciated element of pest-like behavior. With 12 goals on the year and a career finishing rate of 13.1%, he fits the mold they need.
With all that in mind, which of the Red Wings’ needs is the most pressing for Yzerman to address in the few weeks before the trade deadline? Have your say in the poll below:
What Should Be The Red Wings' Top Deadline Priority?
The Danger Of Signing Goalies To Lucrative Contracts
The New York Rangers and Vancouver Canucks are two of the NHL’s worst teams this season and are both on the verge of massive roster changes. While both teams face unique challenges, one parallel is that they’ve made a mess of their goaltending finances with pricey extensions that were miscalculations.
The Rangers and Canucks are far from alone in this predicament. High-priced extensions have also burned several other teams at the bottom of the standings, leaving them with goaltenders who had been performing well but whose play fell off a cliff after signing their new deals.
That isn’t necessarily the case for Shesterkin, however, it is the case for Linus Ullmark of the Ottawa Senators, Juuse Saros of the Nashville Predators, and Jacob Markstrom of the New Jersey Devils, who are all making big money on recent contract extensions, with no guarantees their play will turn around. This has left three teams with win-now rosters featuring goaltenders who are vastly overpaid.
It’s become a trend over the past five-plus years that teams signing goaltenders to expensive deals must be seriously concerned about their performance throughout the term of the agreement.
There is concern about every player’s performance after they sign a lucrative long-term deal. However, goaltenders have become a unique cause for concern lately, and it’s hard to say why.
In the late 1990s and throughout the 2000s, many veteran goaltenders on the wrong side of 30 would sign expensive long-term deals without so much as a second thought from their new teams. In July 2002, for example, goalie Curtis Joseph signed a three-year, $24MM contract with the Detroit Red Wings, even though it wasn’t the best offer on the table.
Joseph had a three-year $26MM offer from the Toronto Maple Leafs but opted to move to Detroit. Toronto then pivoted and signed Ed Belfour to a two-year, $13.5MM deal.
By today’s standards, those contracts aren’t eye-popping, and the term is relatively short. But Belfour and Joseph were 37 and 35, respectively, and there was a chance their play would drop off significantly during the brief time they were signed.
Nowadays, it’s hard to imagine a team giving $8MM a season to a 35-year-old goaltender, and Joseph’s deal was inked 23 and a half years ago. The Senators gave Ullmark four years and $8.25MM annually just last year, but he had just turned 32 and was two seasons removed from a Vezina Trophy as the league’s top goaltender.
It was a pricey gamble for Ottawa and hasn’t looked like good value this season, but Ullmark has been dealing with personal issues, so it’s hard to project how the deal will work out long-term.
Circling back to the Rangers and Canucks, they are a tale of two teams whose expensive goaltending has led to team-wide issues, but for wildly different reasons. In Vancouver, Thatcher Demko was signed to a lucrative three-year deal at the start of free agency, worth $8.5MM annually.
It was a gamble by Vancouver, as they hoped the former Vezina Trophy finalist could bounce back from a poor showing last season. Had Demko had a good year, he would have been a candidate to get $9MM or more on a new contract, but Vancouver thought it was wise to jump the queue. It has not turned out well.
If Demko had played well, Vancouver likely would have paid him an AAV slightly higher than the $8.5MM they gave him, but would’ve been on the hook for more term, which would’ve been riskier. Instead, Vancouver made a different bet and is now on the hook for more term than Demko would’ve received in free agency. But hindsight is 20/20, and for the Canucks, they are stuck with the Demko deal, one they’d love to have back.
In New York, it was a different calculation. Rangers’ general manager Chris Drury believed he had a Stanley Cup contender on his hands, which meant doing everything he could to retain his Vezina Trophy-winning goaltender, Igor Shesterkin. Drury moved out his captain, Jacob Trouba, to open up space to sign Shesterkin to a record-breaking eight-year, $92MM contract.
While it was the right on-ice move given Trouba’s cap hit relative to his play, the Rangers have never been the same since the trade. New York fell off a cliff last season and has remained at the bottom of the league this year, despite Shesterkin being good.
But that is the issue: Shesterkin has only been good. In the years leading up to his extension, Shesterkin was elite.
His play in those seasons masked many of the Rangers’ problems and led Drury and New York management to think the team was much better than it actually was. Shesterkin’s goaltending was a mask, hiding the fact that Drury had built a fatally flawed roster that relied too much on out-of-this-world netminding, which was clearly unsustainable.
While the Rangers, Canucks, Devils and Predators aren’t the only teams with pricey goaltending, they are the most apparent examples of paying a premium for goaltending. But even middle-of-the-pack teams can run into issues where their extensions turn into disasters.
There are good examples in Washington: a few years ago, with Darcy Kuemper, who had just won a Stanley Cup, and Philipp Grubauer, who had been solid for years before signing as a free agent with Seattle and becoming unplayable in the NHL. Matt Murray in Ottawa was the same story, but none is more egregious and obvious than Tristan Jarry in Pittsburgh, who was recently dealt.
Pittsburgh is a relevant example because of Stuart Skinner, who has been a revelation with the Penguins but is a UFA at the end of the season. Pittsburgh already has its goalie of the future in tow in Sergey Murashov, and the Penguins would be wise to ride Skinner into the playoffs and then let him walk in the offseason if his salary demands exceed $5MM annually, which they surely will. It should be interesting to see the Skinner story unfold, but there is plenty of evidence that the Penguins would be wise to avoid giving term to a netminder who is unpredictable.
Trade Deadline Primer: Calgary Flames
With the Olympic break now upon us, the trade deadline is less than a month away. Where does each team stand, and what moves should they be looking to make? We begin our look around the league with teams that have clear plans near the extremes of the standings, this time with the Flames.
The rebuilding Flames got much closer to playoff contention last season than anyone expected, finishing with 96 points and losing out on the second wild-card spot by virtue of a tiebreaker with the Blues. This season, they’ve been more representative of pundits’ expectations and have been in the basement of the Western Conference from the get-go. They’re at an uncomfortable stage of a rebuild now: most of the grunt work is done, and they’re playing a waiting game for their prospects to graduate. That doesn’t mean they can’t make some more future-oriented moves, though.
Record
23-27-6, 7th in the Pacific (3.6% playoff probability)
Deadline Status
Seller
Deadline Cap Space
$45.57MM on deadline day, 2/3 retention slots used, 45/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: CGY 1st, VGK 1st, CGY 2nd, CGY 3rd, VAN 3rd, CGY 4th, CGY 5th, CGY 6th
2027: CGY 1st, VGK 1st*, CGY 2nd, CGY 3rd, CGY 4th, CGY 5th, CGY 6th, CGY 7th
*The Golden Knights’ 2027 first-rounder is top-10 protected.
Trade Chips
The Flames don’t have much in the way of traditional rentals to sell. They’re light on pending unrestricted free agents. Only one, enforcer Ryan Lomberg, would be of any interest to a contender and would only net a mid-round pick at most. Jake Bean‘s injury likely rules him out of being moved. They had a big name in Rasmus Andersson, but he’s already been sent off to Vegas.
That’s good news for the Flames if they’re looking to add even more firepower to a highly stocked prospect pool. The names they’ll dangle will all be ones with term, who will naturally yield higher returns.
If you’re combining both player value and likelihood to be moved, winger Blake Coleman reigns supreme among the Flames’ trade chips. Multiple teams – including the Stars and Canadiens – have demonstrated clear interest. He’s been a valuable contributor for Calgary since signing his six-year, $29.4MM payday in 2021, but with one year left on his deal and him now being in his age-34 season, he’s far from a long-term piece.
Coleman’s point production has settled around a half a point per game over the past couple of seasons following a career-best 30-goal showing in 2023-24. With 13 goals in 44 games this season, shortened due to injury, there’s a decent chance he’ll lock in the fourth 20-goal campaign of his career this year. At a stomachable $4.9MM cap hit, plus his proven playoff track record and desirable physical game, he’ll be of utmost interest to any forward-needy contender in a third-line role. With a 10-team approved trade list baked into his contract, he’ll have quite a lot of say in where he ends up, too.
Nazem Kadri would be the headlining name if he’s available. With three years left on his contract, there’s a greater chance Calgary can still squeeze value out of the last couple of years of his deal as they look to turn the corner back toward playoff contention in short order. The prospect of moving him in the middle of a down season likely only adds to the Flames’ hesitance to cut bait. After rattling off a pair of 60-plus point seasons, he only managed 10 goals and 39 points with a -24 rating in 56 games before the Olympic break.
It’s not often a bona fide top-six center, albeit an aging one, is even in conversation to be moved at the deadline, though. He’s grown increasingly comfortable in a top-line role with Calgary and doesn’t break the bank in a rising cap environment at $7MM. If there’s a particularly aggressive club willing to make an offer Calgary can’t refuse, they’re going to listen.
Team Needs
Dynamic Left-Shot Defenseman: The Flames are set on the right side on defense in terms of ceiling. Behind Zayne Parekh, they’ve got two other names with a top-four ceiling in Henry Brzustewicz and Henry Mews. The same can’t be said for the left side, where arguably the most promising young long-term piece, Yan Kuznetsov, is nearly 24 years old and has now graduated to a full-time role this season. With Kevin Bahl also in the mix long-term in the top four, it’s fair to wonder if Calgary is comfortable with two names with such one-dimensional defensive games occupying both first- and second-pairing roles – and that’s assuming Kuznetsov is capable of top-four duties long-term. Whether it’s an intriguing prospect or a young name already on the roster, a better left-shot option in the pool is a clear long-term need.
Finishing Help: If the Flames don’t opt for an entirely futures-based return for Coleman (or anyone else they may move), they’ll look to land a scoring forward in return. The all-around effectiveness of their game is of little consequence. Finishing has been such an extreme issue for the Flames this season that “replacing” Coleman with an Andrei Kuzmenko-type sniper on the wing, similar to their Elias Lindholm deal with Vancouver in 2024, would be some welcome short-term help and potential long-term middle-six security if they’re under team control for a few years. The Flames are scoring a league-worst 2.50 goals per game this season, fueled by an absolutely disastrous team shooting percentage of 8.6%.