Trade Deadline Primer: St. Louis Blues
With the Olympic break approaching, the trade deadline is about 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 at the extremes of the standings, this time with Blues.
The Trade Deadline will mark a fork in the road for the St. Louis Blues. The 2025-26 season has not gone according to plan, with the Blues sat last in the NHL Central Division and battling for last in both goals scored and goals allowed. Even with the bright spots of a solid blue-line and well-performing youngsters, the Blues have struggled to manage anything inspiring, sticking the team with the question of whether to replace or rebuild. The question will carry more weight than usual, as the answer will not only define the next few seasons, but also the first years of Alexander Steen‘s reign as the Blues’ general manager set to begin next season. With that change in sights, St. Louis will begin to blaze their trail this March.
Record
20-28-9 (8th in NHL Central Division)
Deadline Status
Sellers
Deadline Cap Space
$20.52MM on deadline day, 0/3 retention slots used, 48/50 contracts used per PuckPedia.
Upcoming Draft Picks
2026: STL 1st, STL 3rd, STL 4th, DAL 4th, STL 5th, PIT 5th, STL 6th, STL 7th
2027: STL 1st, STL 3rd, STL 4th, ANA 4th, STL 5th, STL 6th, STL 7th
Trade Chips
With a potential seller’s market ahead, many of the trade rumors swirling around the Blues have focused on their top-line veterans. Franchise center Robert Thomas has become a popular name, as teams wonder if the 26 year old’s prime will be wasted on a Blues team years away from Stanley Cup contention. Thomas is a top-end playmaker who posted 60 assists in each of the last two seasons. He continues to lead the Blues in points-per-game this season, with 33 points in 42 games.
But moving Thomas would represent a monumental shift for the Blues franchise – and leave them with a future search for a replacement first-line center. The team would be less scathed by moving scoring-winger Jordan Kyrou, who ranks second on the team in points-per-game with 32 points in 47 games. Kyrou offers an explosive bit of tempo and play-driving that could entice needs in need of a boost on offense, while not dragging down the Blues’ future structure. The same can be said for Pavel Buchnevich – third in points-per-game – who has been on-and-off the trade block through the last few seasons.
The Blues’ price on all three of their high-scorers is said to be sky-high – seen as the price to pay for breaking up the lineup, in addition to buying star talent. Costs might be a bit cheaper on the Blues’ veterans who have dwindled in impact. Defenseman Justin Faulk has continued to stand up to a nightly, number-one role with 11 goals and 30 points in 57 games. But at the age of 33, Faulk is a hard name to bet on through the next few seasons. The same goes for former Stanley Cup legend Jordan Binnington, who has posted a dismal .864 save percentage in 32 games this season. A change of scenery could bring the best out of either player, while only costing a few future assets.
Trade Needs
Young Potential: No matter if their goal is to compete in one year or five years, the Blues’ sights will be firmly on the future. Their new era is beginning to come into focus, built on the backs of budding potential like Philip Broberg, Dylan Holloway, Jimmy Snuggerud, Dalibor Dvorsky, Otto Stenberg, and Joel Hofer. But, even with a likely top-five pick in the 2026 NHL Draft, St. Louis seems to lack a game-breaker to lead them into their new era. Finding that talent on the trade market could be enough to swing Thomas or Kyrou away from the only NHL club they’ve ever played for. For St. Louis, trade talks should begin with the other team’s top prospects and draft capital. Landing a hopeful star like centers Michael Hage and Shane Wright, or goalie Jesper Wallstedt, would give the Blues lineup pieces to build around over the next few seasons. It would also take the weight off of the shoulders of Dvorsky, or a future draft pick, to try and carry the team through quiet years ahead. It seems clear that, no matter how the chips fall at the Deadline, the Blues’ priority will be building up for what’s to come.
A Massive Return: St. Louis is approaching the Spring with more on the trade block than they’ve had in many years. Their focus will be on building up the first few years of Steen’s reign, though more than that, the team feels on the precipous of a blockbuster deal. How high will the bidding war ride for a player like Thomas or Kyrou, two stars in their prime who would undoubtedly bring tough-to-find value to any new destination. Could the Blues land multiple star prospects to join an already-loaded pool? Or could they stock their cupboard of draft picks full. More than that, how will the heat of trades impact a St. Louis club that also has Brayden Schenn, Cam Fowler, Colton Parayko, and Pius Suter eyeing the tail-end of their careers? Even with an existing foundation for the future, now could be the Blues best chance to go full scorched-earth and tear down their existing structure – in the name of giving Steen plenty of firepower to build the team he wants to see through the rest of the 2020s.
Photo courtesy of John E. Sokolowski-Imagn Images.
Kings’ Surplus At Forward Could Make Warren Foegele Expandable
The Los Angeles Kings could stick around the trade market when the NHL returns from their three-week break for the Winter Olympics. General manager Ken Holland joined TNT Sports’ NHL Game Break to breakdown the team’s acquisition of star winger Artemi Panarin, and referenced the team’s wealth of forwards with their latest addition. Specifically, Holland pointed out forward Warren Foegele as a player who they’ll “work the phones” around after a strong year last season turned into healthy scratches this season.
Foegele had a career-year in his first season with the Kings. He appeared in all 82 games and reached 24 goals, 46 points, and a plus-36 – all new career-highs for the 28-year-old winger. That performance came after Foegele reached 20 goals and 41 points in all 82 games of the dmonton Oilers’ 2023-24 season. He appeared to have reached another level, but his hot hand has gone cold to start the season. Foegele remains a utility, two-way winger when he’s in the lineup but has only posted eight points and a minus-five in 43 games this season.
With another forward in the depth chart, Foegele could become an interesting trade chip. He has proven an ability to provide an impact through a change of teams and could be enough to swing Los Angeles a mid-round draft pick that they can package in a bigger market buy.
Snapshots: Flyers, Curran, Rifai
Flyers executives have said before that the team will ultimately decide whether they buy or sell heading into next month’s trade deadline. Jackie Spiegel of the Philadelphia Inquirer examines their situation, suggesting that while they might not want to throw in the towel on the season just yet, selling is the logical route for them to take. Philadelphia sits eight points out of a playoff spot with a team in the bottom ten in offense so the odds of a successful playoff push are low. On the other hand, their list of pending unrestricted free agents isn’t exactly the most appealing, headlined by veteran wingers Carl Grundstrom and Nicolas Deslauriers. Accordingly, even if they do opt to sell, it could be a fairly quiet deadline unless they want to move players signed beyond the upcoming season.
Elsewhere around the hockey world:
- Avalanche prospect Max Curran will make the move to the NCAA next season. The forward announced on his Instagram page earlier this week that he will play at UMass in 2026-27. Curran was a fifth-round pick by Colorado back in 2024, going 161st overall. This season, the 19-year-old has 14 goals and 27 assists in 31 games with WHL Edmonton. Had he not made the move, Colorado would have needed to have either signed him or dropped his rights by June 1st. Going to college will now push that timeline back, giving the Avs more time to decide his future.
- The Maple Leafs’ AHL affiliate announced on Friday (Twitter link) that defenseman Marshall Rifai was returned to the Marlies. The move comes as no surprise with the Olympic break in full effect. Rifai recently returned from a preseason injury and has four assists in a dozen games in the minors. Recalled late last month, Rifai got into one game with the Maple Leafs but saw just 9:40 of playing time. The demotion will allow him to keep playing and also land Toronto some extra cap flexibility heading into next month’s trade deadline.
Strain On Top-Four Could Push Sabres To Add Defense
A three-week break for the 2026 Winter Olympics will be exactly what the Buffalo Sabres need to try and spark a reset on the blue-line. The rest will be most helpful for defenseman Michael Kesselring, who has been playing through a high-ankle sprain for much of the year per Matthew Fairburn of The Athletic. That is the same injury that has already sidelined Kesselring for 21 games, across two stints, this season.
Kesselring isn’t the only Sabres defender on the shelf. Conor Timmins remains on crutches while recoverying from a broken leg, and is targeting a return to skating when the Sabres return, per Fairburn.
The pair of injuries have pushed Jacob Bryson and Zach Metsa into competition for bottom-pair minutes, usually next to a hobbled Kesselring. But neither depth defender has stood up to big plays through their limited appearances. Bryson has scored only five points in 35 games this season – and has struggled with untimely turnovers as of late. Metsa only has two points in 26 appearances. Those quiet impacts have left the two grasping for 10 minutes of ice time a game, and put a heavy load on Buffalo’s top-four defenders.
That could make defense a priority add as the Sabres approach the Trade Deadline in an unfamiliar buyer’s position. Buffalo has pulled together a core-four on defense, led by superstar Rasmus Dahlin and hot-hand Mattias Samuelsson, and backed by Bowen Byram and Owen Power. The quartet has given the Sabres a long-awaited comfort on defense – and proved strong enough to stand up to heavy minutes. They respectively lead Sabres’ skaters in ice time per game, with Dahlin averaging 24:33 on top and Power averagng 21:40.
Adding a fifth defender to that mix would do more than give Buffalo three complete pairings. It would give them reliability on special teams. Adding another defensive stalwart could free Byram up to focus more on the power-play, taking some weight off of Dahlin who has played nearly 100 more power-play minutes than any other Sabres defender. Or, Buffalo could seek out a puck-mover, and free Power up from the role of third-string power-play defender.
Hard-hitting lefty Logan Stanley has been rumored to be a loose pick for the Winnipeg Jets. He could be a shrewd, and cost-effective, addition – capable of stepping up when the stars need a rest without getting in the way on the depth chart. A more reliable, two-way option could be San Jose Sharks defender Mario Ferraro, who has been on-and-off the trade block for many seasons. Both players would be strong partners for a fully-healthy Kesselring, offering a safety-net to prop up his play-driving.
Both Stanley and Ferraro – or, other market options like Pittsburgh’s Brett Kulak – would fit well into the Sabres’ salary books. Buffalo is expected to carry $21.24MM in cap space into the Trade Deadline. That flexibility, a fairly full cupboard of draft picks, and a strong prospect pool should be more than enough to land Buffalo an impactful bottom-pair defenseman on a seller’s market when the Deadline rolls around. A new face would slot Timmins nicely into the extra defender roll, when healthy, and bump Bryson and Metsa once rung down the depth chart.
Kings Have Started Extension Talks With Brandt Clarke
Back in 2021, the Kings drafted defenseman Brandt Clarke eighth overall with the hopes that he could emerge as a key contributor on their back end. While there were some stops and starts early on in his career, he has now emerged as a legitimate top-four player.
Set to reach restricted free agency this summer for the first time, it appears that the team is hoping to get something done before it comes to that point. Speaking to reporters following the recent Artemi Panarin trade (video link), GM Ken Holland indicated that there have been plenty of discussions about a new deal for the 22-year-old with a goal of getting something in place before July 1st.
While having an agreement in place before free agency opens up removes the possibility of an offer sheet, it would also give Holland more certainty of what he does or doesn’t have to spend on the UFA side of things. Given that there’s a wide range of outcomes, having that extra knowledge would be useful.
For example, AFP Analytics has a pair of projections for him. A two-year bridge deal could check in around $5MM per season while a seven-year pact approaches the $8MM mark. Considering eight-year deals are still allowed until mid-September, a potential price tag could even go higher. That variance is more than enough to cover a UFA signing or two so knowing where Clarke’s next deal will check in ahead of free agency would certainly affect the rest of their planning.
Last season, Clarke’s first full NHL campaign was a successful one. He picked up five goals and 28 assists in 78 games with largely sheltered minutes as he logged a little over 16 minutes per game with plenty of offensive zone starts. Clarke then added a pair of goals in their opening-round loss to Edmonton with an even lower workload in terms of playing time.
This season, Clarke has emerged as a consistent second-pairing player. While his zone starts are still skewed toward the offensive end, his ice time is up past 19 minutes per game, putting him third among Los Angeles defenders. He has already passed last year’s goal total as he’s up to six and with 21 helpers, he’s on pace to surpass that as well; a 40-point showing isn’t out of the question which would certainly be a boost to his contract value.
While there is a trade freeze in place, there isn’t a transactions freeze. Roster moves can still be made and contracts can still be registered with the league and announced. With that in mind, it wouldn’t be surprising to see Holland and Clarke’s camp resume discussions during the Olympic break to see if they can get a deal across the finish line.
Predators Notes: Marchessault, McCarron, GM Search
There is a willingness from both the Predators and winger Jonathan Marchessault to see if something could happen on the trade front, reports Sportsnet’s Elliotte Friedman in his latest 32 Thoughts column. The 35-year-old is in the second season of a five-year contract that carries a $5.5MM AAV. Marchessault has battled injuries this season and has been a little quiet when he has played, notching 10 goals and seven assists in 38 games. However, he was one of the few players who lived up to expectations last season when he collected 21 goals and 35 helpers to finish second on the team in scoring.
While a $5.5MM cap charge for a top-six forward in an increasing cap environment is reasonable, there will be teams questioning just how long he’ll be able to stay in that role which will largely dictate the viability or lack thereof of a swap. Marchessault has a full no-move clause which gives him control over where he could be moved to with Friedman noting that one particular priority for the winger is going somewhere with strong minor hockey infrastructure for his children.
More from Nashville:
- On Friday, the league announced that winger Michael McCarron was fined just over $2.3K for a slash on Washington blueliner Trevor van Riemsdyk on Thursday night. The amount is the maximum allowable under the CBA, amounting to the lower of $5K or one-half of one day’s salary, in this case the latter. The fine money goes to the Players’ Emergency Assistance Fund.
- When GM Barry Trotz announced he’d be retiring, the Predators appointed CAA Executive Search to assist in the search for his replacement. However, following concerns from the NHLPA about potential conflicts of interest (CAA Hockey also represents 153 active NHL players), CAA has withdrawn from the agreement with the team, reports Alex Silverman of the Sports Business Journal. The NHLPA’s rules governing agencies prohibit those agencies from representing NHL players and also assisting in executive searches, even if they’re run by two completely distinct elements of that firm. Trotz remains in place as the GM for the time being and is expected to take the team through the trade deadline and beyond that until a replacement is found. Alex Daugherty of The Tennessean adds (Twitter link) that the search will now be done in-house.
Blues Claim Jack Finley Off Waivers From Lightning
There may be a trade freeze in the NHL right now but waiver wire moves can still be made. The Blues have added some young depth off the wire, as Sportsnet’s Elliotte Friedman reports (Twitter link) that they’ve claimed center Jack Finley off waivers from the Lightning. Under the rules for roster movement during the break, he won’t be required to report to St. Louis until February 17th.
The 23-year-old was a second-round pick by Tampa Bay back in 2020, going 57th overall. At the time, Finley wasn’t lighting it up in junior hockey with WHL Spokane but with a six-foot-six frame and an ability to play down the middle, the Lightning hoped that he’d eventually fill out and become a potential bottom-six option for them. He had 57 points in his draft year and then in 2021-22 (2020-21 was largely wiped out), he managed just 50 so the offensive outburst never came.
However, Finley showed some promising signs offensively in the minors. In his first three full professional seasons, he reached the double-digit goal mark in all three, ranging between 12 goals in his rookie year to 14 tallies last season, when he wound up with 28 points in 40 contests with AHL Syracuse. Given that, Tampa Bay was hesitant to cut him in training camp, instead keeping him around at the back of their roster.
Unfortunately for Finley, playing time was difficult to come by. He played in just 11 games over the first two months of the season, resulting in a three-game conditioning stint with the Crunch, where he had three points. Finley did play a bit more regularly after being recalled, seeing action in 12 games over the last seven-plus weeks but that was still minimal playing time overall. On the season, he has two goals and one assist in 23 outings while playing just 8:25 per game. He’s also chipped in 37 hits and has won 48.5% of his faceoffs.
Finley, a St. Louis native, now joins a team that looks to be heading for at least some sort of rebuild or retooling process with the team well out of playoff contention. Accordingly, he should have an easier pathway to consistent playing time down the stretch if the Blues sell off more veterans as they did with the Nick Bjugstad trade earlier this week; Finley effectively fills his spot on the roster.
While waiver claims are often on short-term deals, that isn’t the case here. Finley is in the first season of a three-year deal that currently carries a cap hit of $775K. As the league minimum increases next season, the AAV of the deal will go up to reflect the higher salary being paid. The final two seasons of the agreement are a one-way salary so St. Louis is potentially absorbing around $2MM in cash costs over the next three years. But if Finley is able to fill a depth role during that stretch, it’ll be a worthwhile pickup for them.
Photo courtesy of Russell LaBounty-Imagn Images.
Salary Cap Deep Dive: Montreal Canadiens
Navigating the salary cap is one of the most important tasks for a front office. Teams that can avoid total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those who don’t often see struggles and front office changes.
PHR will look at every NHL team and give a thorough look at their cap situation for the 2025-26 season. This will focus more on players who are regulars on the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of PuckPedia. We’re currently covering the Atlantic Division, next up are the Canadiens.
Montreal Canadiens
Current Cap Hit: $95,173,995 (under the $95.5MM Upper Limit)
Entry-Level Contracts
F Zachary Bolduc (one year, $863.3K)
F Ivan Demidov (two years, $940.8K)
G Jacob Fowler (three years, $923.3K)
D Lane Hutson (one year, $950K)
F Oliver Kapanen (two years, $925K)
Potential Bonuses
Bolduc: $425K
Fowler: $80K
Demidov: $2MM
Hutson: $850K
Kapanen: $637.5K
Total: $3.9925MM
The Canadiens were able to get Demidov signed earlier than expected, allowing him to play in the playoffs last season and burn a year of his contract. He’s off to a strong start to his rookie year and it feels like he’s the next player that GM Kent Hughes will look to get signed to a long-term deal and bypass a bridge pact. At the rate salaries are going up, that could land in the $10MM range, especially if they sign an early extension and get the eighth year in. Meanwhile, half of his bonuses are ‘A’ ones and could realistically be hit.
Kapanen is having much more success this season after playing a very limited role at the beginning and end of last year. While he has fared well with Demidov, there remain enough questions about his offensive ceiling to make a shorter-term deal likely. That could fall in the $4MM range depending on his point production. He has three ‘A’ bonuses in his deal and has a realistic shot at reaching at least the goals one. Bolduc came over in an offseason move from St. Louis and has shown some signs of being a capable secondary scorer. Still, he’s likely to be in bridge territory as well, likely surpassing the $3MM mark. He has two ‘A’ bonuses in his deal with a 20-goal one being the most realistic.
Hutson will get a longer look later but for now, it’s worth noting that he has four ‘A’ bonuses in his contract and could conceivably hit them all. However, he has a rare clause in his contract that caps the total bonuses achievable in the deal at $1.15MM. He has already hit $750K of that so even if he hits enough of the criteria to reach all four bonuses, his payment will be capped at $400K. Notably, Kapanen is one of the other few players in the league with that restriction on bonus money.
Fowler was brought up a few weeks back and made enough of an impression to get more than a spot start. As a result, he’s already hit his games played bonuses. The Canadiens are hoping that he’ll be their starter of the future. The price tag of those players has jumped past $8MM in recent years but most of those were UFA deals where Fowler has a ways to go to get to UFA eligibility. But with the cap escalating, if he pans out, he could very well land in that range. For now, he’s back in AHL Laval but the bonuses will still count.
Signed Through 2025-26, Non-Entry-Level
F Kirby Dach ($3.363MM, RFA)
F Patrik Laine ($8.7MM, UFA)
F Joe Veleno ($900K, RFA)
D Arber Xhekaj ($1.3MM, RFA)
The Canadiens took a flyer on Laine in the 2024 offseason after it was clear that a return to Columbus wouldn’t be tenable. The hope was that he’d bring some extra firepower and might be a better fit in a secondary role. When healthy, he has shown flashes of being that threat, especially with the man advantage where he was one of the top scorers last year despite missing two months with knee trouble. However, he also spent a lot of time on the fourth line and was there this season before suffering a long-term lower-body injury. That sets him up with eligibility for performance bonuses in a one-year contract and frankly, that might be the best way for him to potentially maximize his earnings while the signing team can mitigate the risk. A deal like that could have a couple million in base salary and then a few million in bonuses tied to games played and production.
Dach’s injury history is even longer than Laine’s as he has missed more games than he has played since being acquired at the 2023 draft. When healthy for an extended stretch, he has had some moments to show that a top-six player could still be in there but between the inconsistency and injuries, it’s far from a given he’ll get there permanently. His qualifying offer jumps to $4MM and a long-term deal is unlikely. Instead, another shorter-term deal around that number might be the way to go. Veleno came over in free agency after being bought out by Seattle and landing in a soft free agent market. A sub-$1MM qualifying offer helps but with his history, he’d likely garner much more than that in a hearing making him a strong non-tender candidate. Given how things went this past summer, it doesn’t seem likely that his market would be much stronger in 2026.
Xhekaj hasn’t been able to break through his deployment as a sixth defender in recent years, something that won’t likely change the rest of this season. Still, he’ll likely be past 200 games by the offseason and could plausibly double his current price tag which would be on the high side for someone in his role.
Signed Through 2026-27
F Josh Anderson ($5.5MM, UFA)
D Alexandre Carrier ($3.75MM, UFA)
F Phillip Danault ($5.5MM, UFA)
G Jakub Dobes ($965K, RFA)
F Brendan Gallagher ($6.5MM, UFA)
G Samuel Montembeault ($3.15MM, UFA)
F Alex Newhook ($2.9MM, RFA)
D Jayden Struble ($1.413MM, RFA)
After being on a bargain contract on his second deal, Gallagher’s contract has been anything but for the majority of it so far. At 33 with a lot of wear and tear on him, that’s probably not going to change. Now a full-time bottom-six player, he could be looking at a 50% drop in pay on his next contract. Anderson hasn’t provided a lot of value on his deal either as primarily a bottom-six piece as well but he’s a couple of years younger than Gallagher and provides a lot of physicality. It would be surprising to see him beat this amount on his next deal but the drop in salary might be pretty short overall.
Danault returned for his second stint in Montreal with a trade right before the holiday roster freeze. A legitimate two-way player early in his contract, he has been more of a defensive specialist the last couple of years. While that’s still a useful player, someone in that role isn’t going to provide great value at this price point. Like Anderson, he’s probably looking at a small cut in pay at a minimum.
Newhook hasn’t been able to lock down a full-time top-six spot like Montreal hoped when they got him a couple of years ago. He’s consistently in the 30-point range (though he was off to a better start this year before his long-term injury) and his positional versatility certainly helps so he’s someone they’ll likely want to keep when his deal is up. His qualifying offer drops to a manageable $2.1MM but, like Dach, a shorter-term contract that buys a year or two of team control might make the most sense; a contract like that could run near the $4MM range.
Carrier fit in quite well after being acquired from Nashville in a midseason trade, stabilizing the back half of their back end. A right-shot player who can cover 20 minutes a game when needed (even if that’s not the most optimal option for him), he should have a strong market in his next trip through free agency which likely pushes his price point past $4MM as well. Struble is in the first season of his bridge deal and has been in and out of the lineup early on. His situation resembles Xhekaj’s right down to playing on an identical cap percentage and, like Xhekaj, doubling this price tag could be doable depending on how things play out.
Last season, Montembeault showed some signs of becoming a legitimate starting goaltender which would be a promising development from a waiver claim a few years back. If he stayed on that trajectory, he could have found himself in the $6MM per season range on his next deal. But early-season struggles have probably scuttled those hopes. Now, he needs to reestablish himself as a starter before thinking about a big raise. Dobes is on his bridge deal and has established himself as a full-time NHLer. Depending on where he lands on the depth chart down the stretch and into next season, his next contract could range between $2MM and $5MM per season depending on how things go; the variance potential is quite high.
Signed Through 2027-28
F Alexandre Texier ($1MM in 2025-26, $2.5MM in 2026-27 and 2028, UFA)
Texier was signed recently after asking for a contract termination from St. Louis, taking a pay cut of more than 50% in the process. He got off to a strong start though, earning him a two-year extension soon after at a rate higher than the one he walked away from. If Texier can remain an impactful player, the Canadiens will do well here but if he goes back to being a depth player, they might wind up regretting this one.
Artemi Panarin Notes: Other Offers, Trade Timing, Contract
While there wasn’t much trade activity leading into the Olympic trade freeze, one of the biggest moves of the season was made when the Kings acquired winger Artemi Panarin from the Rangers in exchange for prospect winger Liam Greentree along with a 2026 conditional third-round pick that upgrades to a second-round selection if Los Angeles wins a round. Meanwhile, if they win two rounds, New York also collects a 2028 fourth-round selection. Panarin subsequently signed a two-year, $22MM extension shortly following the swap. With the dust now settled on the trade, here are some additional notes on the move.
- During his media availability following the swap (video link), Panarin stopped short of directly confirming that extension offers from the Rangers were low-ball proposals but did note that “I don’t know if I should say this but I feel like the contract offer (said), ‘We’re not sure if we want you or not.’” Over the offseason, it was reported that New York had approached Panarin’s camp with some proposals that would see him take a sizable pay cut to remain with the team with some willingness to get creative on the term. With those talks going nowhere, Panarin added that there wasn’t really any reengagement with the Rangers after that point on a new deal.
- While Panarin ultimately took the offer from Los Angeles, it was far from the biggest one on the table. Sportsnet’s Elliotte Friedman reported in his latest 32 Thoughts column that the Kraken made an offer of more than $14MM per season in an effort to try to convince Panarin to accept a trade to them. That would have nearly been double the highest amount that the team has given a player so far in their brief tenure with Vince Dunn being their current top-paid player at $7.35MM.
- From the standpoint of affordability, teams likely would have preferred the trade to come after the break when there would be less money remaining on his contract (even with the Rangers retaining 50% on his contract to facilitate the move as they did). However, Vince Z. Mercogliano of The Athletic relays (subscription link) that Panarin made it clear that his deadline was the trade freeze so that he would have ample time to settle in with his new club. That might have taken an interested team or two off the table as a result. That said, Panarin ultimately decided that the only team he’d accept a move to was the Kings so those other possibilities probably wouldn’t have happened anyway.
- PuckPedia has the breakdown of Panarin’s new deal. It’s predominantly paid in the form of signing bonuses to the tune of $20MM over the two years ($11MM for next season, $9MM for 2027-28) while he receives a base salary of $1MM in each season. Additionally, Panarin has a full no-move clause in this contract, just as he does in his current one.
Pavel Zacha To Miss Olympics
The Bruins will have one less participant at the upcoming Olympics while Czechia will be down a key center. The IIHF announced (Twitter link) that Pavel Zacha will not be participating in the event due to injury. He has been replaced by middleman Filip Chlapik.
Zacha has been dealing with a lower-body injury for a little more than a week after sustaining it late last month against Philadelphia, ultimately causing him to miss the Winter Classic as well. Originally, head coach Marco Sturm had noted that the injury wasn’t expected to force him to miss the Olympics which suggests that Zacha’s recovery hasn’t gone quite as well as they hoped so far. Now, he’ll get three extra weeks to recover before games resume toward the end of the month.
The 28-year-old is in the midst of a solid season, notching 15 goals and 22 assists in 54 games while averaging a little over 17 minutes per night of ice time. That production has been good enough to place him fourth in team scoring at the break.
It’s likely that Zacha would have had a similar role at the Olympics that he has in Boston, serving as a second-line center while seeing time on both special teams units. Coincidentally, he sits fourth in scoring among NHLers on the Czech roster, behind teammate David Pastrnak, Colorado’s Martin Necas, and Vegas’ Tomas Hertl.
As for Chlapik, he was a second-round pick by Ottawa in 2015 and got into 57 games with them over parts of four seasons before being granted his release back in 2021. Since then, he has spent the majority of his time playing at home with HC Sparta Praha and sits third in Extraliga scoring this season with 19 goals and 26 assists in 45 games.