It was a quiet but impactful Trade Deadline for the Edmonton Oilers. They brought in top-four defenseman Jake Walman and bottom-six bruiser Trent Frederic to bolster an offense that already ranked eighth in total goals this season. But as the dust begins to settle, it seems Edmonton came close to a far more exciting deadline season, and even had a chance at Carolina Hurricanes asset Mikko Rantanen. Edmonton was reportedly close to agreeing on extension terms with Rantanen, but ultimately couldn’t build a trade package that enticed Carolina enough to land the deal, shares TSN’s Ryan Rishaug. In the end, Rantanen was moved to the Dallas Stars in exchange for top young forward Logan Stankoven, two first-round draft picks, and two third-round picks.
It’s hard to imagine Edmonton could put together an offer better than that. Edmonton only has one pick – a 2026 second – in the top-two rounds of 2025 and 2026. They also don’t have nearly the young talent that Dallas had to offer. Vasily Podkolzin is almost certainly their closest comparable – one year older and as NHL engrained as Stankoven – and he’d be hard to move after a nice stylistic fit in Edmonton has led him to 21 points in 61 games this year. The Oilers could have offered top prospect Matthew Savoie, who ranks third on the AHL’s Bakersfield Condors in scoring with 40 points in 47 games. But neither asset quite stands up to Stankoven’s pedigree, and it’s likely their lacking draft capital was the ultimate dividing line.
Rishaug adds that Edmonton also tested the waters on acquiring top winger Rickard Rakell from the Pittsburgh Penguins, and red-hot centerman Ryan Donato from the Chicago Blackhawks. Rakell has been a standout, top-line option for the Penguins this season – boasting 29 goals and 53 points in 64 games this season. That scoring – and his standing as one of a few bright spots in Pittsburgh’s season – certainly hiked up his price at the deadline. Especially in the midst of an inflated market, it’s again hard to imagine Edmonton’s empty draft cabinet could have pried Rakell away. Donato would have likely cost much less – though he is having a career year with 23 goals and 48 points in 62 games – but his center role would have buried him down Edmonton’s lineup. In the end, they landed their third-line boost in a deal with the Bruins – and get the boost of adding a hard-nosed enforcer to protect superstars Connor McDavid and Leon Draisaitl in the postseason.
For as quiet as it ended up, it seems Oilers general manager Stan Bowman made sure to busy up his deadline. The Oilers have six players headed for unrestricted free agency, and two headed for restricted free agency, which should clear up roughly $14.71MM in cap space this summer per PuckPedia. That could be just enough space to get Bowman back on the phones as the NHL Draft and start of free agency role around. The Oilers added plenty of new faces last summer, signing each of Viktor Arvidsson, Jeff Skinner, and Corey Perry to short-term deals.