The Seattle Kraken are searching for a balance between bolstering the lineup and not breaking the budget as the season goes on. Adding a top-six winger will be a top priority, but Seattle is taking a cautious approach with seven players headed for free agency, per David Pangotta of The Fourth Period on the latest episode of DFO Rundown. Of their free agents, re-signing winger Jaden Schwartz could be the fisrt to get something done, with Pagnotta adding that the two sides have already begun discussions that could ramp up in the Spring.
It is no surprise that re-signing Schwartz sits high on Seattle’s to-do list. The 33-year-old is a core piece of a young Seattle lineup. He has averaged over 17 minutes of ice time through 20 games this season and filled roles on both the power-play and penalty-kill. He’s recorded 15 points, 23 hits, and 40 shots on goal in the key role.
Schwartz’s performance is well in-line with what he’s offered Seattle through the last four seasons. He has challenged 40-point scoring pace in every year, and peaked with 26 goals and 49 points last season, his highest-scoring year since the 2019-20 season. He has held his role in Seattle’s lineup since he was selected by the club in the 2021 NHL Expansion Draft. Before then, Schwartz filled a similar locked-in role through 10 seasons with the St. Louis Blues. His career-year came in 2014-15, when he scored 28 goals and 63 points in 75 games, though Schwartz scored more than 50 points in half of his years with the Blues. He was also a key part of the 2019 Stanley Cup winning Blues, scoring 20 points in 26 playoff games that year.
His veteran presence offers major support to the Kraken’s young forwards, especially with ramped-up scoring this year. But while his next contract could carry him through the 169 games he has left to reach 1,000, it will also likely be Schwartz’s last.
That will ramp up Seattle’s need for another heavy imapct in the top-six. The team has plenty of value in their prospect pool to afford some major additions on the trade market. They promoted Tyson Jugnauth, Carson Rehkopf, Kaden Hammell, Caden Price, and Lukas Dragicevic to the AHL this season – while 21-year-old Jagger Firkus ranks third in the AHL with 18 points in 15 games. Many of those players are destined to support Seattle’s next era, but they could clear the overstock in a buyer’s market next year.
The trade market features strong veterans like Nazem Kadri and Boone Jenner, or youngsters like Brad Lambert and Nicholas Robertson. With the model set by vets like Schwartz and Jordan Eberle, a 10-5-5 record this season, and plenty of buying power – the Kraken could be a perfect candidate to make one of the year’s biggest deals.
Then again, they could opt to wait until free agency when they have roughly $35MM in cap space to make a big purchase, per Pagnotta. The 2026 free agency market has dried up with a wave of key extensions but high-impact forwards Alex Tuch, Nick Schmaltz, and Evgeni Malkin still remain on the market. The trio will each challenge a salary north of $9MM should they make a team-change, but an exodus of unrestricted free agents will give Seattle enough turnover to build a new star into the lineup.
The Kraken seem set on taking their time with a big move, but a big move seems a matter of when and not if. Seattle has allowed the fourth-fewest goals in the NHL this season, but ranks third-to-last in goals scored. They’re in desperate need of another spark, even amid a 4-1 record over their last five games. That will set them up to be major buyers as the Trade Deadline and free agency roll around.
Photo courtesy of Jeff Curry-USA TODAY Sports.