Trade Deadline Primer: Ottawa Senators
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? After looking at teams at the ends of the standings, we shift our focus to teams fighting for a playoff spot. Next up are the Senators.
The Senators are in a very tough spot as we approach the trade deadline. The team was built to compete this season, but it has failed to build on last season’s playoff appearance and risks regressing. Ottawa has a small competitive window left to win something of substance and isn’t likely to punt on this season, especially given that they don’t currently have a first-round pick in this year’s NHL Entry Draft. Postmedia’s Bruce Garrioch has hinted that Ottawa would rather add than subtract from its roster, which makes sense given that Ottawa was heating up in the weeks leading up to the Olympics. If the Senators can get some goaltending down the stretch, they will be in the hunt for a wild-card spot. That being said, should they add to their lineup, stand pat, or sell off their pending UFAs?
Record
28-22-7, 6th in the Atlantic (42.2% playoff probability)
Deadline Status
Conservative Buyer
Deadline Cap Space
$13.95MM on deadline day, 1/3 retention slots used, 45/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: BUF 2nd, OTT 3rd, FLA 3rd, WSH 3rd, OTT 5th, OTT 6th,
2027: OTT 1st, OTT 2nd, OTT 3rd, OTT 4th, OTT 5th, OTT 6th,
Trade Chips
If the Senators opted to sell off this season, they would have no shortage of pieces to move, including forwards David Perron, Lars Eller, Nick Cousins, and Claude Giroux, as well as defenseman Nick Jensen. PHR covered that angle a month ago, when it looked as though the Senators were headed for a sell-off, but now they may have positioned themselves to be buyers if they can keep rolling. But do they have any assets that could be moved to acquire talent that can help this season?
Ottawa doesn’t have much, but they have a few pieces that could be moved to acquire more talent. The first name that comes to mind for anyone familiar with Ottawa’s prospect system is Carter Yakemchuk. The 20-year-old defenseman is the Senators’ top prospect and currently plays for their AHL affiliate in Belleville, where he is having a solid first professional season. To put it bluntly, Ottawa isn’t moving Yakemchuk for any short-term gains and may not be inclined to move him at all. If they had a move available to address both their short- and long-term futures, they might be open to it, but for now, he is likely staying put.
Outside of Yakemchuk, the Senators have a few other prospects they might be more willing to move, including another defenseman, Logan Hensler. The Senators’ 2025 first-round pick (23rd overall) is currently in his second season in the NCAA with the University of Wisconsin. He has already matched his point total from all of last season (12) in just 23 games. Hensler’s game is quite different from that of Yakemchuk in that he plays a safe, steady game focused on gap control, an active stick, and using his explosiveness to make defensive recoveries. Hensler is well-suited to play alongside a defenseman like Yakemchuk, who is more offensively minded and gifted. Should Ottawa make Hensler available in a trade, he is the kind of player who could be the big piece in a package that includes draft picks and other players.
In the crease, the Senators have run the course with goaltender Mads Sogaard, and it certainly feels like his time with Ottawa needs to end soon. The former second-round pick has not shown much in his last two professional seasons, after a stellar start to his AHL career from 2020 to 2023. Sogaard is now 25, and although the Senators don’t exactly have a deep prospect pool in the crease, it seems likely they will non-tender him this summer. Given that trajectory, it makes sense for Ottawa to move him before the deadline (hopefully) for a late-round pick or let him walk in the summer for nothing. Sogaard isn’t going to fetch much of a return, but Ottawa could pair the pick with other assets to facilitate a bigger move elsewhere.
Shifting up front to the forwards, Stephen Halliday has been a nice story this season for the Senators. The 2022 fourth-round pick (104th overall) was an overage draft pick when Ottawa selected him, and he has had a terrific start to his professional career. The Senators have rewarded his progression by giving him 25 NHL games this year, and Halliday, in turn, has rewarded the Senators’ trust in him by tallying four goals and seven assists while averaging just over eight minutes per game. Halliday’s skating isn’t great, but his size and offensive skill set would be desirable to a team looking to add good young talent to its prospect pool.
Team Needs
A Top Six Center: Ottawa had hoped that last year’s trade-deadline acquisition, Fabian Zetterlund, could slide into a role in the Senators’ top six. However, that hasn’t been the case, as Zetterlund has struggled this season and has been relegated to fourth-line duties alongside Eller. The 26-year-old isn’t much of a play driver, but he has fared better in this department this season despite his demotion. Zetterlund can skate well and could likely play in Ottawa’s top six if needed, but at the moment, he’s been a disappointment this year. With his play moving him down the lineup, it’s become clear that Ottawa could use a top-six forward to bump some of their other players back to a more suitable role. Some fans might point to a veteran like Perron as a potential candidate for the top two lines, but given his age and recent injury history, that is not a safe bet. Ottawa doesn’t need to sell the farm to make an addition, and it probably wouldn’t be in on any of the trio of St. Louis Blues who are available (Jordan Kyrou, Robert Thomas, or Brayden Schenn). However, Ottawa could afford to target a player like Michael Bunting of the Nashville Predators or Andrew Mangiapane of the Edmonton Oilers. Both of those players are having down years, but perhaps an opportunity in Ottawa’s top six might reignite their play this year.
A 1B Goaltender: Linus Ullmark is a terrific NHL goaltender who has had a great career. He’s dealt with a lot this season, and unfortunately, it has affected his play on the ice. Had Ottawa received league-average goaltending this season, it would be comfortably in a playoff position at the moment, instead of sixth in its division. The Senators don’t have the assets to acquire another starting goaltender. Still, they could find a more consistent backup, or ideally, a 1B goaltender who can take more starts and allow Ullmark to work through his game without the pressure of shouldering the bulk of the goaltending load. The name Jesper Wallstedt of the Minnesota Wild has been thrown around quite often in online forums. Still, the Senators probably don’t have the trade capital to make that move, particularly given that the Wild are looking for center help and Ottawa likely doesn’t want to part with any of their young, cost-controlled centers (nor should they).
Photo by Charles LeClaire-Imagn Images
Trade Deadline Primer: Los Angeles Kings
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? After looking at teams at the ends of the standings, we shift our focus to teams fighting for a playoff spot. Next up are the Kings.
The Kings made a splash recently by acquiring Artemi Panarin from the Rangers for a minimal return. The trade surprised some in the hockey world and showed the Kings are serious about winning this season. Los Angeles has meandered through the first two-thirds of the season and hasn’t looked like a serious contender, but with Panarin in the mix, it’s clear they plan to add to their lineup and make a push. Whether they make that push remains to be seen, but management’s mindset is fairly clear as we approach the trade deadline.
Record
23-19-14, 5th in the Pacific (55.3% playoff probabilty)
Deadline Status
Buyer
Deadline Cap Space
$15.71MM on deadline day, 0/3 retention slots used, 45/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: LAK 1st, LAK 2nd, CBJ 2nd, DAL 3rd, LAK 4th, LAK 5th, LAK 6th, COL 6th, LAK 7th
2027: LAK 1st, LAK 2nd, LAK 4th, LAK 6th, COL 6th, LAK 7th
Trade Chips
The Kings have plenty of draft picks they could move in any deadline deal, but they aren’t exactly stocked with quality prospects and have a farm system that would rank in the bottom third of the league in terms of quality and quantity. The team already dealt their top prospect, Liam Greentree, for Panarin, but they do have other pieces if they want to make another splash.
Francesco Pinelli was a second-round selection in the 2021 draft (42nd overall) and has not had a smooth transition to the professional ranks, struggling early in the AHL. He had 15 goals and 14 assists in 70 AHL games last season, and likely needs to size up if he hopes to break through to the NHL. Pinelli is a smart player who identifies open space for himself and teammates to create offensive opportunities. On the defensive side of the game, his instincts aren’t as strong, and it is something he is working to round out in the AHL.
Another potential trade piece for the Kings is defenseman Henry Brzustewicz. The 2025 first-round pick (31st overall) plays a safe, simple game and relies on moving the puck to a teammate rather than creating offensive plays himself. His defensive game is steady and effective, as he is adept at forcing opponents to the perimeter, protecting the slot, and containing them. Brzustewicz does have some offensive capabilities, but he isn’t a play driver and likely won’t be running a team’s power play if/when he makes it to the NHL. Brzustewicz could be a good piece of a bigger package if the Kings are looking to make another splash before the trade deadline.
Finally, we come to goaltender Carter George, who might be the Kings’ best prospect after the Greentree trade. George has had a decorated international career, representing Canada at the last two World Junior Championships, and he has also been terrific during his tenure in the OHL with the Sault Ste. Marie Greyhounds. The Thunder Bay, ON, native isn’t overly big, but his puck-handling makes him a third defenseman, which can facilitate quick breakouts and transition play. In terms of his goaltending, he is technically sound and doesn’t appear to wilt under pressure. If the Kings wanted to move a prospect whose value is inflated at the moment, George is probably the piece.
Team Needs
A Top Six Center: Los Angeles desperately needs a center going forward. It’s gotten to the point this season that winger Alex Laferriere has slotted in at center in the top six, which is less than ideal. They have Anze Kopitar for the rest of the season until he retires, and Quinton Byfield is likely fine as the second-line center, although he’s had a rough stretch this year. Beyond that, Alex Turcotte has not reached the levels many expected, putting the Kings in a predicament this season and beyond. The Kings have cap space to acquire a center this year, but it’s hard to say how strong the internal pressure is to acquire a pivot before the deadline. Los Angeles could let this year play out and chase a Nick Schmaltz-type player in free agency, or they could look to the current available options, which would likely be Elias Pettersson of the Vancouver Canucks, Shane Wright of the Seattle Kraken, or Robert Thomas out of St. Louis. There is always Vincent Trocheck of the New York Rangers available as well, and given the ties to Panarin, there could be something to that one.
A Depth Forward: No disrespect to Taylor Ward or Jeff Malott, but if Los Angeles enters the playoffs with those two taking regular shifts on the fourth line, that would be a problem against a team like the Edmonton Oilers. The Kings have dealt with some injuries, and the Kevin Fiala injury is another obstacle to overcome, especially since the Kings don’t have a ton of reinforcements who can play at a high level long term. Malott has been a fine replacement this season, but Ward has just 16 NHL games of experience and is a late bloomer, much like Malott. The Kings could likely find a reasonably priced depth forward on the trade market to insulate themselves against future injuries, which will no doubt happen as the NHL plays a compressed schedule down the stretch. A player like Erik Haula might make sense coming out of Nashville, as the Predators aren’t a playoff team, and Haula has an expiring deal. His market could be limited due to his $3.15MM cap hit, which the Kings could easily absorb at this time with any retention from Nashville.
Photo by Brad Penner-Imagn Images
AHL Free Agents To Watch For Ahead Of The Trade Deadline
The list of players in an NHL organization doesn’t end with those actively signed. AHL and ECHL affiliates can have players under contract, too, so while they’re playing with an affiliated farm team, their signing rights aren’t directly tied to their NHL parent.
That doesn’t stop NHL clubs from snapping up talent that was initially brought in on minor-league deals, though. It’s common for teams to do at the trade deadline, making them eligible for a recall down the stretch or participate in playoff action if needed. There are a few standout names worth monitoring this season that might be worthy investments for teams to add as options on two-way deals.
Ben Berard, LW (Vancouver Canucks)
At 27, Berard doesn’t have the upside of anyone else here. The 6’0″ winger is in his third pro season after a lengthy run at Cornell. He entered the year with just six points in 34 career AHL games on his resume and spent nearly all of last season in the ECHL.
He’s been one of the better stories on an Abbotsford team that’s had a dreadful follow-up season to last year’s Calder Cup championship, though. On a club that’s scoring just 2.18 goals per game, he’s tied for the team lead in points with 23 in 46 games. There isn’t much of an NHL future for him given his age and development curve, but considering Vancouver might sell off more assets for futures ahead of the deadline and they’re light on capable recall options, a two-way deal might be in the cards to reward his efforts.
Atley Calvert, C (Pittsburgh Penguins)
The 22-year-old Saskatchewan native has no relation to former NHLer Matt Calvert. He’s nonetheless made an impression in the Pens organization in his second professional season. Undrafted, he played his junior hockey for his hometown Moose Jaw Warriors in the WHL before signing with AHL Wilkes-Barre/Scranton in 2024.
As a first-year pro on a minor-league deal, few batted an eye when Calvert spent a good chunk of 2024-25 in the ECHL. He was impressive in his AHL call-ups, though, recording 14 points in 26 games. He carried that momentum through to this season, where he’s stuck on WBS’ roster full-time and ranks fourth on the team in scoring with a 9-17–26 line in 48 games. He’s got good size at 6’0″ and 194 lbs. Breaking through a crowded Pens prospect pool for a full-time NHL role is unlikely, but it wouldn’t be surprising to see the organization reward one of their depth breakout talents with an NHL commitment.
Philippe Daoust, C (Ottawa Senators)
Daoust will be a familiar name to Sens fans. He was under contract with the club for the last three seasons, signing his entry-level deal after being selected in the sixth round in 2020. He was non-tendered in June, ending his formal NHL relationship with Ottawa, but he chose to stick around in the organization on an AHL-only deal with Belleville.
The 24-year-old center has now exploded for 12 goals and 40 points in 46 games. He’s tied for second on the team in scoring behind Arthur Kaliyev and is top-30 in the AHL in points. That’s a remarkable spike for a player who looked like a non-factor throughout most of his entry-level deal, with injuries limiting him to just 18 combined AHL and ECHL appearances from 2022-24.
Kyle Keyser, G (Colorado Avalanche)
There aren’t many non-NHL contracted goalies who have played more than 10 games in the NHL this season. In fact, there are only two of them.
Keyser, at 11 games, leads the league with a .943 SV% and has an 8-1- 1 record with two shutouts. For an Avs team with largely unproven and young depth options behind their two bona fide NHLers, he’d be a shrewd signing to serve as their emergency backup in the postseason.
The 26-year-old is in his seventh AHL season, most of which were spent in the Bruins organization. He’s got a .907 SV% in 84 career games at the level.
Gabe Klassen, C (Pittsburgh Penguins)
Klassen wasn’t drafted despite being a junior standout with the WHL’s Portland Winterhawks. His stock was harmed by his draft year coming after the truncated 2020-21 season. After that, though, he was the Winterhawks’ captain for two years and rattled off three straight 30-plus goal seasons, including a 106-point dominant showing in 2023-24.
The undersized pivot caught on with Wilkes-Barre/Scranton last year but was buried in the ECHL – a product of being at the bottom of the ladder as a first-year pro on a minor-league deal. He’s avoided any time with ECHL Wheeling this season, though, and is now a regular contributor in the Baby Pens’ top nine. With 12 goals and 22 points in 40 games, he ranks fourth and eighth on the team in those respective categories. His 5’10” frame will be his biggest obstacle to being an NHLer, but it’s clear he produces more with increased opportunities.
Trade Deadline Primer: Detroit Red Wings
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? After looking at bubble teams in recent days, we now shift the focus to teams currently in a playoff spot. Next up are the Red Wings.
Although they’ve gotten frustratingly close the past two years, the Red Wings are wholly poised for postseason competition for the first time in a decade. Not only are they projecting toward making the playoffs, but there’s a decent chance they’ll have home-ice advantage in the first round. There are noticeable flaws in the roster, raising concerns that the team’s success relies heavily on John Gibson‘s remarkable performance since early December. Regardless, given the ridiculous amount of cap space available to him, general manager Steve Yzerman has the opportunity to turn this team into a formidable playoff opponent.
Record
33-19-6, 3rd in the Atlantic (78% playoff probability)
Deadline Status
Conservative Buyer
Deadline Cap Space
$59.38MM on deadline day, 0/3 retention slots used, 45/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: DET 1st, DET 2nd, DET 3rd, CBJ 4th, DET 5th, DET 6th, CGY 7th, DET 7th
2027: DET 1st, DET 3rd, DET 4th, DET 5th, DET 6th, DET 7th
Trade Chips
The Red Wings have selected at least one player in the first round for 13 consecutive years. Not all of those have landed, though it has been enough for Detroit to restock its cupboards. Assuming an acquiring team wouldn’t expect the Red Wings to reach the Stanley Cup Final or even the Eastern Conference Final, their first-round selection this year could have significant value with the expectation that it falls around the 20 to 25 mark.
With their numerous first-round picks, Detroit can trade some prospects, depending on the magnitude of additions they want to make. The Red Wings’ biggest trade chips come from between the pipes. A few days ago, we peddled the idea of Detroit trading Cam Talbot to a desperate team around the deadline, with the idea they would call up prospect Sebastian Cossa in his stead. Cossa, being the heir-apparent, wouldn’t affect Talbot alone, however.
Detroit has one of the best goaltending prospects not currently in professional hockey. Trey Augustine, 20, is in his third year at Michigan State University, managing a 20-6-0 record with a .932 SV% and 1.96 GAA. Coupled with his pair of gold medals from the World Junior Championships, Augustine could fetch a massive return at the deadline. Famously, the Florida Panthers used Devon Levi and Spencer Knight to acquire Sam Reinhart and Seth Jones, respectively, each of whom had a hand in their back-to-back Stanley Cup championships.
While the Red Wings will likely want to retain prospects such as Carter Bear, Michael Brandsegg-Nygard, and Nate Danielson, some lower-level prospects may be traded. While circumstances may change, Amadeus Lombardi, Carter Mazur, and Shai Buium don’t seem likely to have a long-term future in Detroit, making them potential candidates in trade packages for acquiring high-level talent.
Team Needs
Top-Four Defenseman: Of all the playoff-bound teams, Detroit has one of the most obvious flaws. After Simon Edvinsson suffered a lower-body injury on January 22, the Red Wings concluded play before the Olympics with a record of 2-3-1. Even before losing Edvinsson, the need was obvious. It’s clear that head coach Todd McLellan doesn’t trust rookie Axel Sandin Pellikka (yet) in high-leverage situations, and veteran Ben Chiarot is a better fit for strong bottom-pairing play. Throughout the season, Detroit has been loosely connected to top-four defenseman such as Dougie Hamilton and Justin Faulk, both of whom make sense to fill the need. Even if a player like Morgan Rielly becomes available, or another top-four blue liner with term, the Red Wings should be the first team calling.
Some Jam Up Front: This is one of the more obscure talking points of the Red Wings’ makeup. As of now, the leading forwards on the team in hits are Marco Kasper (131) and Emmitt Finnie (86). This is not an argument that Detroit needs to pursue a punch-heavy forward like Ryan Reaves or Matt Rempe, but they should aim to become nastier to play against, especially with an eye on playoff competition. Coupled with their need for an additional boost of offense, Kiefer Sherwood would have been the ideal fit had he not already been dealt to the San Jose Sharks. Still, would a player like Evander Kane make sense? He’s scored nine goals and 25 points in 56 games for the Vancouver Canucks this season, and has only failed to clear the 100-hit mark twice throughout his 16-year career. He would help provide the Red Wings with a mild boost of offense, playoff experience, and much-needed grit.
Image courtesy of Robert Killips of Lansing State Journal.
Trade Deadline Primer: Edmonton Oilers
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? After looking at bubble teams in recent days, we now shift the focus to teams currently in a playoff spot. Next up are the Oilers.
Coming up just short of the Stanley Cup in the last two seasons, the Edmonton Oilers have had an up and down season so far but the door is as open as ever. 2025-26 marks a decade since the Connor McDavid/Leon Draisaitl era began, and although the franchise is facing mounting pressure, it’s not like they haven’t been close, simply running into a buzzsaw in the Florida Panthers. Back in October, the Oilers locked up McDavid on a two year extension, meaning until at least 2027-28, it’s all systems go. GM Stan Bowman was busy in December, finally addressing goaltending, acquiring Tristan Jarry, as well as depth offensive defenseman Spencer Stastney. Jarry has not fared much better than the off-cast Stuart Skinner so far, but Edmonton hopes he can hold things down behind a dynamic group. Firmly in the playoff hunt yet again, with their nemesis in Florida possibly out of the picture, the Oilers will look to return to the Finals for a third straight time.
Record
28-22-8, 2nd in the Pacific (74.9% playoff probability, per MoneyPuck)
Deadline Status
Buyer
Deadline Cap Space
$2.88MM on deadline day, 0/3 retention slots used, 46/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: EDM 2nd, EDM 3rd, EDM 6th, EDM 7th
2027: EDM 1st, EDM 2nd, EDM 5th, BOS 5th, EDM 6th, EDM 7th
Trade Chips
With limited draft capital and salary cap limitations, Edmonton will primarily look at moving out roster players to iron out their group. The most obvious candidate is Andrew Mangiapane, who has been subject of rumors all year, most recently linked to Ottawa as well as Anaheim, Detroit, and Winnipeg. With just 12 points in 49 games, the usually dependable secondary scorer has not been a fit with the Oil, and it seems all but guaranteed he’ll be moved before March 6. The only issue besides his struggles; the 29-year-old is signed through next year at $3.6MM and has trade protection, although he’d surely welcome a fresh start.
Elsewhere it’s not as clear. Mattias Janmark, a key role player over the past several seasons, has just one goal all year. The veteran’s possession metrics have steadily declined, currently at a 39.4% corsi for in all situations, a career-low at age 33. Similar to Mangiapane though, he’s signed through 2026-27, coming in at a $1.45MM cap hit. Janmark’s value would likely be limited to a 1-1 player swap for another comparable bottom sixer with a similar contract.
As their 2026 first round pick is expected to end up in the hands of San Jose from the Jake Walman deal, if Bowman decides it’s essentially now or never, he could tap into a prospect pool which is not surprisingly bottom ranked, but offers some interesting names. On the defensive side, Beau Akey stands out, the 2023 second round selection a righty with raw offensive potential, just 31 games into his professional career with AHL Bakersfield. NCAA standout Paul Fischer, a lefty, figures to have more of a path forward in the organization, assuming the team locks him up on an entry-level contract this spring.
Expected to search for supporting cast rather than big game hunting, top prospect Isaac Howard is still a name hard to ignore in any trade speculation. The 21-year-old has 31 points in 24 AHL games this season, also making 28 appearances at the highest level in his first pro season. Seemingly a full time NHLer as soon as next year, where his energy and skill are exactly what the team needs, the Oilers would be showing keen patience by holding onto the youngster, rather than falling into the classic short term gains trap. Regardless, if Bowman were to pull off a surprise splash, Howard, along with their 2027 first round pick, would be in the conversation.
Team Needs
1) Third-line Center: Having just turned 36, Adam Henrique is no longer a viable option at 3C, should Edmonton make another deep run. The respected veteran has just 10 points all season. Henrique is still dependable at the faceoff dot, but he is currently on LTIR with an undisclosed injury. Even once healthy sometime post-Olympics, an upgrade would be beneficial. Columbus captain Boone Jenner would be a tremendous acquisition, but in the midst of a remarkable turnaround, the Blue Jackets may be content to hold onto their longest tenured player. Even so, the team also offers Charlie Coyle as an intriguing higher end rental candidate, but his $5.25MM cap hit would be difficult to sneak in even if Bowman put together a compelling trade package. Elsewhere, Winnipeg offers two viable options, the club already being linked to Mangiapane. Vladislav Namestnikov emerges as a capable center with similar contract term in a possible swap. Bowman could also try to bring in his former Chicago captain in Jonathan Toews, but the 37-year-old is clearly not ring chasing at this stage, and may be hesitant to depart his native Jets in a sentimental final chapter. The future Hall-of-Famer firmly holds all cards in terms of his future.
2) Middle-Six scoring depth:
Somewhat surprisingly it came out just yesterday that the team is not likely to target defense, so besides an anchor down the middle in Henrique’s mold, Edmonton also could use a winger to bring what Mangiapane was signed for. If Nashville holds onto their bigger ticket veterans, they could retain on Michael Bunting’s expiring $4.5MM, the 30-year-old already known to have a skillset complementary of elite centers from his time in Toronto. Speaking of the Maple Leafs, Bobby McMann and his highly manageable $1.35MM cap hit would be a huge addition by the Oilers, filling a Corey Perry-type void. However, Toronto will not part with their surprise 20-goal-scorer easily, and Edmonton’s limited offerings make a deal difficult to pull off. Finally, Calgary’s Blake Coleman would thrive wearing the blue and orange, but he would require salary retention along with Edmonton likely having to move out Henrique’s $3MM cap hit, not to mention the two clubs being divisional rivals. Dealing Henrique would be difficult as he holds trade protection, and Bowman has limited draft capital sweeteners to work with. Whatever the case, the Oilers have no shortage of names to pursue as they work toward a seventh straight playoff berth.
Image Credit: Perry Nelson-Imagn Images
Trade Deadline Primer: Montreal Canadiens
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? After looking at bubble teams in recent days, we now shift the focus to teams currently in a playoff spot. Next up are the Canadiens.
After an unexpected playoff appearance last season, expectations were a little higher heading into this season in Montreal. So far, they’ve lived up to them as they’re well ahead of their standings pace from a year ago, giving them a bit of a leg up in a very tight Atlantic Division. But with the team still taking a longer-term view, they might not be inclined to take a big swing just yet. Instead, they could shop for some help around the margins and look to make their next significant move in the offseason.
Record
32-17-8, 2nd in the Atlantic Division (83% playoff probability, per MoneyPuck)
Deadline Status
Buyers with an eye on the longer-term
Deadline Cap Space
$1.49MM on deadline day, 0/3 retention slots used, 45/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: MTL 1st, MTL 2nd, MTL 3rd, MTL 4th, NJD 4th, MTL 6th, CAR 7th, MTL 7th
2027: MTL 1st, MTL 2nd, MTL 3rd, MTL 4th, MTL 5th, MTL 6th, MTL 7th
Trade Chips
This is an odd situation where arguably their worst contract is also their biggest trade chip. Patrik Laine is in the final season of his contract with an $8.7MM cap charge. He also hasn’t played since mid-October due to an abdominal injury although he’s expected to be activated after the Olympic break. A high-end scoring threat earlier in his career, he has done okay on that front in Montreal with 20 goals in 57 games over parts of two seasons but on the surface, it appears he’s lost his spot in the lineup. It will take full retention and perhaps taking a contract back to move him but if GM Kent Hughes wants to add to his roster, he needs to free up some cap space first and that means getting at least some of Laine’s contract off the books.
The Canadiens have really cut the playing time for both Arber Xhekaj and Jayden Struble as of late. Xhekaj has played below 10 minutes in 12 of his last 18 games while Struble has been below that mark in six of his last 10 outings. It’s fair to suggest they’re starting to fall out of favor. However, they’re still just 25 and 24, respectively, with cap hits below $1.5MM apiece; Xhekaj is a pending restricted free agent while Struble has another year on his deal. A rebuilding team could potentially have a spot to give them a bigger opportunity, especially if they have a defender to spare that head coach Martin St. Louis might trust more.
On the prospect side of things, NHL readiness is an attribute that’s always sought after at the trade deadline. Defenseman Adam Engstrom fits that bill. He is within striking distance of the point-per-game mark in the minors and held his own in a pair of stints with Montreal this season, spanning 11 appearances overall. He’s probably ready for a longer look at the top level and considering he has another year left on his entry-level contract, the 22-year-old should be garnering some attention on the trade front.
Up front, Joshua Roy is in the final season of his entry-level pact and has seen some NHL time in all three of his professional campaigns. However, given Montreal’s depth up front and in the system, it seems unlikely that he’s a long-term fit on the roster. Roy is waiver-eligible next season so there are teams that might want to get a look at him beforehand. Owen Beck is having a tough year in the minors but has some NHL-ready attributes as a center with a high floor which should be appealing to some teams. Jared Davidson got his first NHL look earlier this season and has a profile of being an energetic fourth liner down the road; again, the Canadiens’ forward depth could make him expendable as well.
Team Needs
1) Top-Line Winger: Let’s use one of their reported wants to start this section off. With Juraj Slafkovsky anchoring the second line, there’s an opening on the top trio with Nick Suzuki and Cole Caufield. It’s clearly not going to be Laine filling that spot. Zachary Bolduc, Alexandre Texier, and Kirby Dach have all seen time up there with varying degrees of success and Alex Newhook could land there when he comes back from his ankle injury. But none of those players are optimal fits for a number one line at this point of their respective careers. This would be a bigger swing
2) Improved Goal Prevention: The Canadiens are 23rd in the league terms of goals allowed with a penalty kill that ranks 25th. Given the limited goaltending options out there, it’s unlikely they’ll make a move on that front and will hope for more consistency from Sam Montembeault and Jakub Dobes. But they can certainly try to upgrade on Xhekaj and Struble for that sixth defenseman spot while adding another defensive forward (they picked up Phillip Danault to help on that front earlier this season) could help get them closer to the middle of the pack defensively which would help their late-season push to hold onto a playoff spot.
Photo courtesy of Timothy T. Ludwig-Imagn Images.
Trade Deadline Primer: Vegas Golden Knights
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? After looking at bubble teams in recent days, we now shift the focus to teams currently in a playoff spot. Next up are the Golden Knights.
Heading into the season, Vegas was viewed as one of the two contenders in the Pacific Division. But while they hit the break with the division lead, it has been a bit of a bumpy road so far. They’ve been hit quite hard by the injury bug, helping lead to a pair of five-game losing streaks (and an overall losing record) with an offensive and defensive output that’s closer to the middle of the pack than the NHL’s best. Nonetheless, with a quality veteran core group and a management team that’s willing to take some swings (including one to add a defenseman last month), it’s quite clear that they’ll be aiming high on the trade front over the next few weeks.
Record
27-16-14, 1st in the Pacific (93.2% playoff probability, per MoneyPuck)
Deadline Status
Buyers
Deadline Cap Space
$4.653MM on deadline day (all LTIR space), 0/3 retention slots used, 50/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: VGK 2nd, VGK 3rd, VGK 5th, VGK 6th, VGK 7th
2027: VGK 2nd, SJ 3rd, VGK 4th, VGK 5th, VGK 6th, VGK 7th
Trade Chips
Being a team that’s likely to be buying, it’s quite possible that there won’t be any more players moved off the NHL roster. But one player who could be worth keeping an eye on is goaltender Akira Schmid. Adin Hill is back from his long-term injury and Carter Hart is due back sometime after the break as well. While Hart has struggled this season, the extra year on his deal suggests that he’s viewed as a part of the picture beyond 2025-26. Schmid, meanwhile, is a pending RFA due a sizable raise in the midst of a good showing this season that has seen him post a 2.53 GAA and a .895 SV% in 29 games. With a lot of teams believed to be looking around for goaltending options and an affordable contract at $875K, Schmid should generate some strong interest.
A lot of their current cap space is inflated by LTIR placements for William Karlsson and Brayden McNabb. Once they return, they’ll be much closer to a money-in, money-out situation. Accordingly, defenseman Jeremy Lauzon could be a casualty. His $2MM price tag isn’t particularly prohibitive but if they need a money balancer or simply need to spend less on the third pairing, he’s another NHL piece who could be in play. On an expiring contract, he’d have some standalone interest if they need to clear his salary.
As a result of trading away a lot of draft picks and prospects, the Golden Knights don’t have a particularly deep system to further deal from. But one player who would garner some inquiries is winger Trevor Connelly. Injuries have limited the 2024 first-rounder to just 17 games in his first full professional campaign but he has done relatively well when healthy and is still viewed as carrying NHL upside. Braeden Bowman has spent the bulk of the year in Vegas and is establishing himself as a full-timer so he’s someone they won’t necessarily be looking to move but will receive inquiries on. Kai Uchacz recently made his NHL debut and is the type of secondary piece that could be moved in a trade to add a depth piece to the roster as well.
One of the more intriguing wild cards for Vegas this deadline is winger Alexander Holtz. The seventh-overall pick in 2020, he has not lived up to that billing with both New Jersey and now Vegas; he has been in and out of the lineup this season with limited results. On the other hand, he just turned 24 a few weeks ago and has another cheap year on his contract after this one with an AAV that will be below the minimum salary next season. The demand probably won’t be too high but it’s possible that a rebuilding team or two might want to take a look at him and would accept him instead of an equivalent draft pick or prospect in a deal.
Team Needs
1) Contract Space: The Golden Knights are the only team in the NHL with the maximum of 50 active contracts. San Jose was in a tight spot earlier this year and had to take a draft pick downgrade to clear a slot. If GM Kelly McCrimmon wants to add a piece or two, they will need to open up some contract space first, either by including a player in a trade or moving someone else out elsewhere.
2) Improve Depth Scoring: Assuming that Andersson is the key move on the back end, their next need to fill is probably up front. Their top six has been productive this season with all players having at least 16 goals and 41 points. But the output drops off quickly after that. No other forward has 10 goals yet while Bowman is the only one with 20 points (and he’s just at 20). Reilly Smith and Brandon Saad have underwhelmed, in particular, while Karlsson’s injury has limited him to just 14 games so far. A player who could play on the third line to start but move into the top six when needed would give their attack a nice boost. That, and Karlsson’s possible return closer to the playoffs, could be enough of an improvement to their scoring to get them back near the top of the league in that department.
Photo courtesy of Brett Holmes-Imagn Images.
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.