Trade Deadline Primer: San Jose Sharks
With the Olympic break now over, the trade deadline is almost a week away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league with teams in the fight for a playoff spot, next up with the Sharks.
The Sharks spent much of last summer bolstering their lineup to protect some of their young stars. So far this season, the additions have worked out well, and the Sharks remain in playoff contention with a third of the season remaining. San Jose management likely didn’t expect this team to be in playoff contention, but second-year superstar Macklin Celebrini has taken massive steps forward in his development, putting the team ahead of schedule in its rebuild. It should be fascinating to see how Sharks general manager Mike Grier responds to a team that wasn’t expected to be in playoff contention.
Record
27-24-4, 6th in the Pacific
Deadline Status
Conservative Buyer
Deadline Cap Space
$641K on deadline day, 2/3 retention slots used, 48/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: SJ 1st, EDM 1st, COL 2nd, FLA 4th, MTL 5th, PHI 6th, SJ 7th
2027: SJ 1st, SJ 4th, CHI 5th, SJ 6th,
Trade Chips
For a team just emerging from a rebuild, the Sharks don’t have many draft picks in the next two drafts. That said, they have arguably the best prospect pool in the NHL, though it will likely fall down the list as prospects are traded and others graduate into full-time NHLers. The Sharks are in an interesting spot heading into the deadline, as they could do some buying, but also move out one or more of their pending UFA defensemen who don’t fit management’s long-term plans.
Veteran defenseman Mario Ferraro is a good place to start, as he is a UFA at the end of the season. While the Sharks likely aren’t interested in being sellers this season, Ferraro will have significant value at the deadline and could give the Sharks more future pieces to add to their already deep cupboard of future assets. There is an outside chance that San Jose locks him up, as they reportedly have interest in a shorter-term deal with Ferraro, which would make sense given that he is just 27 years old, is one of the team’s leaders, and should have some good years in front of him. Ferraro isn’t overly skilled, but he has a high hockey IQ and is solid in the defensive zone as well as on the penalty kill. Ferraro isn’t a top-pairing presence on the blue line, but he does throw the body around and is a very quick skater, which helps with puck retrieval and getting the puck out of the defensive zone. Ferraro won’t net a top-end asset in a trade, but he is the kind of player teams covet for bottom-pairing and penalty-killing roles come playoff time.
John Klingberg and Vincent Desharnais are two other veteran defensemen on expiring deals who could be moved if the Sharks fall out of playoff contention or acquire younger defensemen and have a surplus. Klingberg has had a resurgence this season in San Jose, playing over 21 minutes a night and scoring at a 40-point pace for the first time in years. The 33-year-old signed a one-year deal with the Sharks this season, and the plan at the time was likely to move him to a playoff contender once San Jose fell out of playoff contention. However, that time hasn’t come yet, and the Sharks remain within striking distance, which could complicate matters. The allure for San Jose to move Klingberg will be a market that should heavily favor sellers, as so few teams have punted on this season and are selling off.
When it comes to moving young players, it doesn’t seem San Jose is in a position to move the likes of Michael Misa, Will Smith, Sam Dickinson, or any of their top young prospects. Further down the depth chart, the Sharks could move a prospect such as goaltender Joshua Ravensbergen, whom they selected late in the first round of the 2025 NHL Entry Draft (30th overall). Ravensbergen has great size at 6’5” and moves very well, though he will look to fill out more in the coming years. He is positionally sound and reads the play extremely well for a young goaltender.
It was surprising to see San Jose draft Ravensbergen last year, given that they already have Yaroslav Askarov in the fold. However, given the unpredictability of the goaltending position, the Sharks felt it was a worthwhile bet to add another highly touted goaltending prospect. GM Mike Grier probably isn’t in a hurry to deal Ravensbergen, given that his junior numbers haven’t been great and he has significant untapped potential. If the right move comes along to acquire more developed young players, Grier might feel inclined to pull the trigger on a trade.
Team Needs
A Right Shot Defenseman: The Sharks were reportedly in on New Jersey defenseman Dougie Hamilton last summer, but didn’t work out a deal. It’s unclear whether they would still have interest, but if they did, a deal for Hamilton would instantly make him their best puck-moving defenseman. That’s less a credit to Hamilton and more a reflection of the offensive capabilities of the Sharks’ current defensive unit. San Jose badly needs a defenseman, ideally on the right side, who can contribute to the offense. It’s hard to gauge whether Grier is desperate enough to go back to Hamilton, but it seems likely he would prefer to acquire a younger player who can grow with the team’s young core and be part of what could be a very special run in San Jose.
A Middle Six Forward: The Sharks were also reportedly interested in forward Artemi Panarin before he was dealt to the Los Angeles Kings, underscoring that the Sharks recognize they need more depth at forward. San Jose could use help in its middle six, and it has already addressed this issue to a degree by acquiring Kiefer Sherwood from the Vancouver Canucks. Despite the Sherwood addition, the Sharks are still regularly deploying Collin Graf and Philipp Kurashev in their top nine, which is less than ideal for a team with playoff aspirations. No disrespect to Graf or Kurashev, who are both having a great year as younger players, but their spots in the forward group highlight a lack of depth at the position. San Jose could make a top-nine pickup to give their forward group more balance and ultimately a better chance to win on a nightly basis.
Sharks Have Shown Interest In Braden Schneider
The Sharks’ forward progress this season means they’ve fully exited the teardown portion of their rebuild. They’re expected to ship out a couple of names from their bevy of pending UFA veteran defenders, but that won’t preclude them from adding pieces too. They already swung to pick up winger Kiefer Sherwood from the Canucks earlier this year and made a play to snag Artemi Panarin from the Rangers. Their talks with New York didn’t stop with Panarin, though. David Pagnotta of The Fourth Period reports San Jose is among the teams to show interest in Rangers defenseman Braden Schneider.
The 24-year-old Schneider certainly doesn’t qualify as adding star power to the mix, but he fills a huge organizational need for a Sharks club whose only long-term weakness is a relative lack of promising right-shot defenders in the system. He’s more of a shutdown threat than a puck-mover but did hit the 20-point plateau last season, now with a 2-9–11 scoring line and a -15 rating in 57 games in 2025-26. That’s come while the physical 6’3″ righty is averaging a career-high 20:19 of ice time per game, in large part due to his elevation into top-pair minutes for long stretches this season while Adam Fox has been dealing with injuries.
Schneider’s underlying numbers aren’t particularly strong. He’s never had a positive relative Corsi For percentage at 5-on-5 and has remained underwater in expected goals for the duration of his career as well. He fits a familiar mold of first-round picks struggling to find their way in New York – but with five seasons and nearly 350 NHL games under his belt, he’s almost a finished product. His toolbox is solid, but it’s fair to wonder if his lack of success in the possession department is a good fit for a Sharks team that already ranks last in the league with a 45.2% Corsi share at even strength.
Still, the Sharks don’t have much of a choice to add young right-shot depth, and Schneider is one of the few names who’s realistically available as New York embarks on a retool of its own. All three of their righties on their active roster, John Klingberg, Vincent Desharnais, and Timothy Liljegren, will be UFAs this summer. They do have 23-year-old Jack Thompson in the minors as a capable call-up option, and 2022 second-rounder Mattias Havelid is tracking to make an impact within the next couple of years, but neither has the size nor skillset Schneider brings. University of Denver standout Eric Pohlkamp is also in their system, but is also on the wrong side of 6’0″.
The Rangers were receiving calls on Schneider as far back as October. Just how long the Sharks have been in the mix remains to be seen, but their search for rights-controlled right-shot defenders operates independently of their immediate likelihood of playoff contention.
Sharks Reassign Nick Leddy, Filip Bystedt
2/24: Like Bystedt last Sunday, San Jose reassigned Leddy to the AHL today. The veteran was able to skate with the team over the last few days but now is headed back down, with the big club back in action Thursday against Calgary.
A Stanley Cup champion and member of the 1,000 game club, Leddy’s Shark tenure hasn’t gone to plan as he plays out the final year of his deal worth $4MM. The 34-year-old hasn’t debuted with the Barracuda yet, but if he does at some point, it would be his first AHL action since 2012-13 with the Rockford IceHogs.
2/22: As expected, the Sharks have returned Bystedt to the minors ahead of their return to game action. He will continue to heal up from an upper-body injury as the AHL’s San Jose Barracuda approach two games next weekend.
2/18: The San Jose Sharks announced that they’ve recalled forward Filip Bystedt and defenseman Nick Leddy from the AHL’s San Jose Barracuda. Still, there’s no indication that either player will play for the Sharks next week.
Following the announcement, Sheng Peng from San Jose Hockey Now reported that Bystedt will not be playing for the Sharks next week; he has been recalled solely to serve as an additional participant in practice. Additionally, because Bystedt is nursing an upper-body injury, he wasn’t expected to play for the Barracuda either. There is no word on how long Leddy’s promotion will be.
Still, Bystedt likely isn’t far off from becoming a full-time player for the Sharks. He’s in his third season playing professionally in North America after being selected with the 27th overall pick of the 2022 NHL Draft by the Sharks. He’s continued to get better every season.
He got off to a hot start, scoring four goals and seven points in eight games for the Barracuda in 2023-24, and followed that up with a 12-goal, 31-point performance in 50 games last season. This year, he’s leading the team in scoring, registering 13 goals and 36 points in 40 games.
Meanwhile, Leddy has yet to play for AHL San Jose after clearing waivers and being reassigned in mid-January. The 34-year-old veteran has struggled this season, registering four assists in 19 games, averaging 17:30 of ice time per game. In the last year of a four-year, $16MM contract signed with the St. Louis Blues, there’s a strong indication that this will be Leddy’s last season in the NHL.
Pro Hockey Rumors’ Bradley Keith also contributed to this article.
Sharks Activate Ryan Reaves From Injured Reserve
The Sharks announced Monday that they’ve activated winger Ryan Reaves from injured reserve. They do not have an open roster spot and will need to make a corresponding move, although that can be as simple as transferring Macklin Celebrini to the non-roster list while they wait to reincorporate him into team activities following his electric run for Team Canada at the Olympics.
The Olympic break saved Reaves from a longer absence. The veteran enforcer sustained an upper-body injury against the Blackhawks on Feb. 2, although it wasn’t clear when it happened. He only missed the following game against the Avalanche before San Jose’s schedule paused.
Most thought Reaves would be a press-box fixture after San Jose picked up the final year of his deal at a $1.35MM cap hit from the Maple Leafs last offseason, especially if the rebuilding Sharks were to take a step forward. He’s instead been a regular in a fourth-line role, suiting up 46 times already after only making 35 appearances all season with Toronto last year. His offense has been as limited as always, notching three goals with no assists, but his possession impacts haven’t been a huge drag considering he’s playing under eight minutes per game.
He’ll be stepping back into a consistent fourth-line role with a mix of Adam Gaudette, Barclay Goodrow, and Zack Ostapchuk on the other side of the break. A three-game losing streak didn’t do San Jose any favors earlier this month, and they resume play five points out of a playoff spot with one game in hand. They have the Ducks, Kings, and Predators now to leapfrog to get back into playoff position, with MoneyPuck giving them a 21.6% of ending up in the picture.
Sharks, Jeff Skinner Terminate Contract
Feb. 17: Skinner cleared unconditional waivers and has had his contract terminated, per Friedman. He is now an unrestricted free agent.
Feb. 16: The Sharks have placed winger Jeff Skinner on unconditional waivers for purposes of contract termination, Elliotte Friedman of Sportsnet reports. He’ll become an unrestricted free agent tomorrow if no one claims the remainder of his existing $3MM cap hit for this season.
The timing of the maneuver suggests Skinner has tangible interest from at least one other NHL team, but they weren’t interested in acquiring him from the Sharks – even for future considerations – at his current cap hit. With San Jose only carrying one salary retention slot until the end of next season, they’ll be picky about how they use it and likely aren’t willing to retain money on the veteran winger to complete a trade.
As such, he’ll need to walk away from the remainder of his guaranteed $3MM salary for this season and sign on elsewhere for close to, if not at, the league minimum for the stretch run. He signed with the Sharks nearly two weeks into free agency last summer to give them some additional top-nine scoring help, but the fit just hasn’t been there. He’s been limited to six goals and 13 points in 32 appearances and was relegated to the press box for 10 straight games heading into the Olympic break, last suiting up on Jan. 11.
With Michael Misa being thrust into top-six duties on the other side of the World Juniors and their pickup of Kiefer Sherwood from the Canucks pushing Skinner down the depth chart, there was no longer a home or need for him in a depth scoring role. He finishes his Sharks tenure averaging 12:21 of ice time per game with a -8 rating.
If a playoff contender is looking for a third-line boost with boatloads of NHL experience, they’ll have a perfect pickup in Skinner. The 2010 seventh overall pick crossed the 1,100-game threshold earlier this season and has averaged 28 goals and 53 points per 82 games for his career, although he’s produced closer to a 30-point pace since the beginning of last season.
One thing the 5’11” winger is light on is postseason experience. He didn’t have any until signing a one-year deal with the Oilers in free agency in 2024, and even then, he appeared in only five games during their run to last year’s Stanley Cup Final, having slipped to a No. 13/14 forward by the time the playoffs rolled around.
As for the Sharks, they’ll clear up a bit of cap space heading into the deadline, but more importantly, they’ll shed a contract. They were at the 50-contract limit until Vincent Iorio got claimed off waivers by the Rangers last month, so that’s been a concern for them from the jump this year. They’ll now have a bit more breathing room with two open slots heading into the deadline.
Latest On Cameron Lund
- San Jose Sharks prospect Cameron Lund will miss multiple weeks due to an upper-body injury, reported by Sheng Peng of San Jose Hockey Now. The 2022 second rounder has 25 points in 37 games with the San Jose Barracuda, in his first full professional season after three years at Northeastern University. Lund jumped right into the NHL last year after college, making 11 appearances for San Jose and recording three points. In such a deep prospect pool, Lund is a bit overshadowed, but he has size (6’2”) with enough scoring touch and speed to be a future complementary scorer. The tenth-ranked Barracuda will move forward without Lund having won seven of their last 10 games.
Sharks Notes: Musty, Bystedt, Lund
San Jose Sharks 2023 first-round pick Quentin Musty returned to the AHL ice after missing a month with a lower-body injury. While he was unable to land on the scoresheet during the San Jose Barracuda’s loss to the Henderson Silver Knights last night, his return from injury puts him in a position to resume his AHL rookie season and continue to make his case for an eventual NHL recall.
Unfortunately for Musty, missing time is something he’s had to get used to over the last two seasons. Last year, he didn’t begin his OHL season until November, sitting out in hopes the Sudbury Wolves would fulfill his trade request. (They did not.) Then, he suffered a hand injury, and was limited to just 33 games in 2024-25. With that year behind him, Musty has had a decent rookie campaign in the AHL. Through 33 games, Musty has 24 points, which is a 52-point 72-game scoring pace. He’s widely considered to be among San Jose’s top prospects, ranking No. 4 in their system entering the season by Elite Prospects, and No. 5 by Daily Faceoff.
Other notes from the Bay Area:
- The Sharks have been without 2022 first-rounder Filip Bystedt for the last two games due to a lower-body injury, and according to independent reporter Madison Montez, he is expected to be sidelined on a week-to-week basis. Bystedt’s injury cost him the chance to compete in the AHL’s All-Star Classic, and could unfortunately impact his odds of making his NHL debut at some point this season. The 22-year-old center leads the Barracuda in scoring with 36 points in 40 games, but has yet to receive an NHL recall to this point in his young career.
- 2022 No. 34 overall pick Cam Lund is currently being evaluated for an injury after missing the last two periods of the Barracuda’s most recent game, reports Montez. The 21-year-old replaced Bystedt at the AHL’s All-Star Classic and has 25 points in 37 games in what is his first full season playing pro hockey. Lund spent 11 games with the Sharks after signing his ELC last season, and scored two goals and three points in his first taste of pro hockey.
Sharks Place Ryan Reaves On IR, Activate Kiefer Sherwood
Feb. 4: Sherwood will indeed be activated from IR in the corresponding move and make his Sharks debut tonight, Pashelka reports. It will be the right-winger’s first appearance in nearly a month, last suiting up for Vancouver on Jan. 10 because of his upper-body injury.
Feb. 3: The San Jose Sharks have placed Ryan Reaves on injured reserve, according to Curtis Pashelka, San Jose Sharks beat writer.
The team has one more game before the Olympic Break, taking on Colorado tomorrow night. Reaves has been designated with an upper-body injury, despite playing as recently as last night. Although he will have to miss the next three games at a minimum, it doesn’t appear to be anything serious for the 39-year-old.
Today’s news suggests that Kiefer Sherwood, acquired from Vancouver on January 19, could be set to finally make his Sharks debut tomorrow, currently sidelined by an upper-body injury as well.
Unsurprisingly, Reaves has not made an impact on the score sheet this season, but he’s managed to appear in 46 of the team’s 54 games to this point, with 32 penalty minutes. The grinder has found the back of the net three times, averaging 7:58 of ice time per game. His 41.8% Corsi for all situations is among the lowest in the league, but the respected veteran is a beloved teammate in San Jose, currently playing out the final year of a three-year contract worth $1.35MM per season.
With Reaves’ leadership playing a key role, boosting the average of what is one of the youngest teams in the NHL, the Sharks are right in the playoff mix. They are vying to end their six-year drought impressively ahead of schedule. Reaves figures to return soon after the break, the 2005 fifth-round pick adding to his improbable 958-game journey as a lasting figure of a previous era.
Sharks Shopping Timothy Liljegren
In his update, Pagnotta suggested that the Carolina Hurricanes, Florida Panthers, Los Angeles Kings, and San Jose Sharks remain interested in acquiring Panarin with an extension. In contrast, the Colorado Avalanche, Dallas Stars, and Edmonton Oilers view him only as a rental. Additionally, Pagnotta mentioned that unless something changes relatively soon, the Anaheim Ducks, Detroit Red Wings, Utah Mammoth, and Washington Capitals are no longer in the running.
- In the same update from Pagnotta, he suggests that the Sharks are actively shopping Timothy Liljegren, as well as other pending-UFA defensemen, on the trade market. San Jose could ultimately sign a few of them to extensions over the next few weeks, though Pagnotta confirmed that Liljegren is not a part of the organization’s long-term plans. The former 17th overall pick in the 2017 NHL Draft has 10 assists in 41 games this season, averaging 20:15 of ice time per contest.
Sharks Interested In Artemi Panarin With Extension
Jan. 31st: On Saturday Headlines, Friedman expanded on his reporting from 32 Thoughts. According to the Sportsnet insider, the Hurricanes, Red Wings, Panthers, Kings, Sharks, and Capitals are interested in acquiring Panarin with an extension, with varying degrees of interest. Additionally, Friedman shared that the Ducks, Avalanche, and Stars are attempting to convince Panarin’s camp to join their respective clubs without an extension in place, treating him solely as a rental for a postseason run.
Friedman and Bukauskas also spoke about Panarin headed to the San Jose Sharks, adding that the player is interested in a move to the up-and-comers. San Jose making a major, veteran addition would be a major surprise. The Sharks have ranked in the bottom-three of the Western Conference in each of the last six seasons – but now find themselves in playoff contention on the back of young stars like Macklin Celebrini and Will Smith. Adding Panarin could be their chance to catch lightning in a bottle and give the 34-year-old winger a chance at a few more years of meaningful hockey.