Canucks Announce Multiple Roster Moves
The Canucks have made some shakeups to their roster heading into tomorrow’s game against the Islanders. The team announced (Twitter link) that they’ve recalled goaltender Jiri Patera and defenseman Elias N. Pettersson from AHL Abbotsford. To make room on the roster, netminder Nikita Tolopilo and blueliner Victor Mancini were sent down.
Patera is up with Vancouver for the fourth time this season but playing time in his first three stints was limited to just one start, one that saw him allow seven goals on 40 shots. The 26-year-old has spent the bulk of the year in Abbotsford, posting a strong 2.49 GAA with a .915 SV% in 16 games. He’ll now serve as Kevin Lankinen’s backup for the time being while allowing Tolopilo to get some extra game action in.
As for Pettersson, he has spent the majority of the year in the NHL but was sent down to get into a couple of games with Abbotsford. He was held off the scoresheet in those outings while he has a goal and five assists in 38 games with Vancouver while averaging 13:40 per night of playing time.
Tolopilo was brought up when Thatcher Demko went down with his latest injury. He made two starts while on recall but didn’t fare particularly well in either of them, allowing six goals to both Montreal and Edmonton. He has fared a little better in the minors, putting up a 3.02 GAA and a .900 SV% in 11 outings in Abbotsford.
Mancini, meanwhile, got the call to rejoin Vancouver last week when Pettersson went down. He got into four games on this stint, bringing his season total to nine although he’s still looking for his first point. The 23-year-old has suited up in 20 games for Abbotsford, picking up a goal and five assists and will now get a chance to add to those totals.
Rangers Recall Anton Blidh
The Rangers announced Sunday they’ve recalled winger Anton Blidh from AHL Hartford. They had an open roster spot after sending defenseman Connor Mackey down to Hartford yesterday.
Blidh, 30, has seen more roster moves in the past three weeks than he’s seen in the past couple of years. He was recalled from Hartford on New Year’s Day ahead of the Winter Classic amid a rash of injuries and remained up until being sent back to the AHL on Jan. 11.
Now, he finds himself on the NHL roster for the second time this season. He suited up twice for the Rangers earlier this month, his first NHL appearances since making his New York debut in January 2024. The veteran depth option has played almost exclusively in the AHL for Hartford since being acquired from the Avalanche in 2023 in a minor-league swap.
With four goals and 12 points in 87 career big-league appearances, the 6’1″ winger is little more than a fourth-line fill-in option. With the Rangers gearing up for a three-game California road trip, his recall only signals the club wants to carry a second extra forward for depth.
While he’s coming off a career-high 19 goals and 36 points in the minors last year, Blidh’s only managed a 3-4–7 scoring line in 32 games for Hartford in 2025-26.
The Maple Leafs Are At A Crossroads
The Maple Leafs are on a heater at the moment, and while it’s made some fans forget about their awful stretch of play to start the season, it was clear that the team was going through something, and it’s hard to put a name to it. Some might call it an identity crisis: the team is full of offensive talent yet chooses to play low-risk, safe hockey.
Others might say it’s the apparent outcome of losing Mitch Marner and not replacing him with another offensive star. Or maybe it was the injuries, which have tested the team’s depth. Whatever it was, Toronto is facing a crossroads, and the future of the roster is murky.
The team struggled to get off to a good start, but has been much better as of late. Where they go from here is anyone’s guess, as the team has been unpredictable up to this point in the season.
Even though they are finally winning, many Leafs fans seem indifferent as the team sits outside of a playoff spot. Toronto fans could be fatigued by a team that always seems to let them down when games matter most, or many folks in Ontario who are Maple Leafs fans may have had their interests shift after the magical run MLB’s Toronto Blue Jays went on just a few months ago. Whatever it is, the Maple Leafs – the organization and roster – likely won’t go on for the rest of the season the way they are, which means something has to give.
Toronto is 7-1-2 in its last 10 games and has a positive goal differential on the year. But the results of late have been more of the same. They are great at home and terrible on the road, play great offense and below-average defense, and don’t play fast or tough enough. The Maple Leafs are the perfect candidate to make a shake-up move to change their fortunes, but what would that kind of move even look like?
Many fans would have liked to see Craig Berube fired before their most recent hot streak, but he is a highly respected Stanley Cup-winning coach who knows how to win. Would that kind of move change the fortunes of the Maple Leafs?
It could. It has happened before to other talented teams lumbering through mediocre seasons despite gifted rosters. The 2009 and 2016 Penguins come to mind as two examples of teams that fired their coach midseason and went on to win the Stanley Cup. More recently, the Blues fired head coach Mike Yeo in 2018, only to go on and win the Stanley Cup in 2019 with a new coach behind the bench – Berube.
But is firing Berube really the right move? It probably never was, and it definitely isn’t after their most recent stretch of play, especially given that the coaching market isn’t exactly ripe with great options for Toronto, and they would most likely be recycling a less-than-desirable option through Toronto, which probably makes it the wrong move.
What about a big trade? Well, that’s another issue for Toronto. They don’t have much to trade to acquire a player who can help now. Their prospect system is among the worst in the league, and they have just three picks in this year’s draft, none of which are in the first two rounds. They also don’t have a first-round pick in 2027 or a third-rounder.
This is before we even get to cap space, which they have very little of. Toronto could do some cap gymnastics, but at the moment, they have less than $3.4MM available at the deadline (per PuckPedia), which likely makes any significant move out of the question. Plus, do you want to move out more futures for short-term rentals when you don’t even know if this group is a playoff team?
The following month will say a lot about the Maple Leafs. If they continue to hover outside of a playoff spot in the Eastern Conference, they are probably best off seeing if they can move their UFAs and punt on this season. But if they continue the current run they are on, that will change the calculus going forward and put any coaching change talk among the fanbase to bed.
How can Toronto turn the corner and make sure it remains a consistent team? Simply put, they need to figure out which style of play maximizes the talent on their roster. Scott Laughton has been a black hole offensively since arriving in Toronto late last season, with just six goals and two assists in 30 games this year.
The same could be said for Calle Jarnkrok, who was once a consistent 30-to-40-point player but has just six goals in 29 games this season. They also need to figure out how to manage injuries to key players, including defenseman Chris Tanev and goaltender Anthony Stolarz.
It’s never easy to replace top players; however, teams find ways to do it and tread water until their players return. The Penguins faced a stretch this season without their entire second line, yet they remained in the playoff hunt despite arguably having a worse roster than the Maple Leafs. Teams rely on structure, work ethic and a next-man-up philosophy to overcome injuries, and Toronto needs to dig deep to do the same.
Lastly, there is the Marner issue, and it is perhaps the biggest. Fans had a close-up last night of Marner in Vegas’ overtime win over the Maple Leafs. Toronto never replaced Marner, and to be honest, they never could.
Stars leave massive holes in rosters when they depart, but good management groups find ways to plug the gaps, and the Maple Leafs haven’t done that. Some fans and pundits have suggested Toronto make a move for Stars forward Jason Robertson, but that move doesn’t have legs for many of the reasons previously stated (lack of cap space, lack of assets, etc.). But there are players out there that Toronto could look at as potential assets to add before the trade deadline, should they be in the hunt for a playoff spot.
At this stage of their contention window, the Maple Leafs can ill afford to finish in the middle and miss the playoffs entirely, losing their first-round pick. The best course for them is to make the postseason this year and try to make a run, but if they are going to miss the playoffs, it would likely be better to finish low enough in the standings to get a top 5 pick, retain their first-round pick for this season, and retool in the summer. This situation would push them to give up first-round picks in 2027 and 2028, but the hope would be that they could get a top prospect this year who could make an immediate NHL impact.
Golden Knights Acquire Rasmus Andersson
The Golden Knights have acquired defenseman Rasmus Andersson from the Flames in a move now announced by both teams. In exchange, Calgary receives defenseman Zach Whitecloud, Vegas’ 2027 first-round pick, a conditional 2027 second-round pick, and the signing rights to University of North Dakota defender Abram Wiebe.
If the Golden Knights win the Stanley Cup this year, that 2027 second-rounder will upgrade to a 2028 first-round pick. Calgary is retaining 50% of Andersson’s $4.55MM cap hit in the deal, Friedman adds, bringing his impact down to just $2.275MM on Vegas’ books this season. Vegas’ 2027 first-rounder is also top-10 protected, Dreger notes.
It’s far from a stunning move. Andersson was first implicated in trade talks nearly two full calendar years ago. Ever since, Vegas has been one of the teams most consistently linked to the right-shot blue liner. That’s only ramped up since this past offseason, when reports indicated Nevada was the Swede’s preferred long-term destination and, naturally, would yield a larger return for Calgary because he’d be willing to sign an extension with the Knights. However, any extension won’t be registered today – David Pagnotta of The Fourth Period reports there’s no new contract in place at this time.
That means Andersson, 29, is still set to reach unrestricted free agency this summer as the top defenseman available – for now. He is in the final season of the six-year, $27.3MM extension he signed with Calgary in January 2020, coming off his entry-level contract. A second-round pick by the Flames in 2015, his tenure in Calgary ends with him seventh on the franchise defenseman leaderboard in games played (584), sixth in assists (204), and sixth in points (261).
Back in training camp, it looked like the Flames’ ongoing retool had removed any possibility of their top-four anchor remaining in Calgary. Captain Mikael Backlund said in August that Andersson didn’t want his future to be a “distraction” but that a trade was inevitable. Talk of separation softened after he reported to camp, with reports indicating he’d reopened extension talks. Over the past few days, though, it became clear the Flames had received the type of trade offers they wanted and would pull the trigger on a deal.
The other team that was in it to the wire – as late as this morning – was the Bruins. According to Pierre LeBrun of TSN and The Athletic, the Flames gave Andersson permission to discuss an extension with Boston, presumably upon which the deal was contingent. They weren’t able to come to an agreement on a contract, though, putting Vegas back in the driver’s seat despite the Golden Knights not being able to talk contract with Andersson’s camp prior to the deal. If Andersson’s long-reported interest in Vegas is true, though, they shouldn’t have much trouble coming to a resolution before July 1.
The Flames’ retool is only further accelerated by the move. They already owned Vegas’ first-round pick this year as a result of 2024’s Noah Hanifin trade, giving them four guaranteed first-rounders over the next two drafts. If the Knights take home the Cup, they’ll have six first-rounders in the next three years.
Those hopefully high-value draft choices are the principal point of the return for the Flames. Whitecloud’s inclusion in the deal primarily serves as cap management for Vegas, but also gives the Flames a stable veteran option to, in part, replace Andersson’s minutes as they try to avoid overloading their young blue line talent too early in their development.
Whitecloud, 29, signed with the Knights as an undrafted free agent out of Bemidji State in 2018 and has thus remained in the organization since its inaugural season. The 6’2″ 210-lb righty has posted some tough numbers this season but has 78 points and a +42 rating in 368 games for his career, serving as their staple third-pairing option on the right side behind Alex Pietrangelo and Shea Theodore for the past several seasons. With Pietrangelo injured, he’d been averaging 18:46 of ice time per game this season, nearly a career-high.
Wiebe, 22, isn’t without ceiling, either. The nephew of longtime Blackhawks defenseman Keith Brown was a seventh-round pick by Vegas in 2022 but has since gone on to put up some solid numbers with the Fighting Hawks. He’s now in his junior season, is an alternate captain, and has scored 48 points with a +13 rating in 102 games on North Dakota’s blue line. He owns a pro-ready 6’3″, 209-lb frame, giving him a legitimate shot at being a mobile piece near the bottom of Calgary’s lineup in the next few years.
For the Knights, acquiring Andersson means they’re back to their ethos of big in-season swings after taking last year off. Their acquisition of a high-end right-shot defender was a foregone conclusion ever since it was announced that Pietrangelo wouldn’t play this season, with his career likely over due to various lingering injuries.
They get a resurgent name in Andersson, who’ll be heading to the Olympics with Sweden. With 10 goals and 30 points in 48 games this season, he’s 20th in the league in scoring among defenders and immediately becomes the Knights’ leader in overall production from the blue line.
The question becomes how his defensive game will slot in on a Vegas club that’s been above-average in the possession department this year. He’s coming off a -38 rating last season and has posted negative relative Corsi shares at 5-on-5 in nine of his 10 NHL seasons, including this one. Might he be eating into the already sheltered offensive zone minutes that his now-reunited teammate Hanifin has been receiving?
Nonetheless, it’s nearly impossible to criticize the deal from Vegas’ perspective. They’ve already got a clear path to a deep playoff run through a weak Pacific Division but, with Pietrangelo gone and Theodore and Brayden McNabb missing significant time this year, have lacked the identity that their historically overloaded top-four group has provided. Now, that blue line power is back with Andersson, Hanifin, McNabb, and Theodore comprising one of the most experienced and dynamic groups in the league.
They also do so while actually increasing their cap space for this season. Whitecloud was signed through next season at a $2.75MM cap hit, so Vegas frees up nearly $500K in space with this deal.
Image courtesy of Brett Holmes-Imagn Images.
Darren Dreger of TSN was the first to report that Andersson was going to Vegas. Elliotte Friedman of Sportsnet was the first with the trade details.
Penguins Activate, Reassign Rutger McGroarty, Recall Joona Koppanen
The Pittsburgh Penguins announced today that forward Joona Koppanen has been recalled from the club’s AHL affiliate, the Wilkes-Barre/Scranton Penguins. In a corresponding move, the club activated forward Rutger McGroarty off injured reserve and reassigned him to the AHL.
McGroarty has been sidelined since Jan. 3 with a concussion. This reassignment allows McGroarty to build back up to NHL readiness at the AHL level after missing seven games. The 21-year-old began the year in Wilkes-Barre/Scranton, scoring seven points in just five games. That performance, likely coupled with the fact that he’s widely considered one of the team’s top prospects, landed McGroarty a spot on the team’s NHL roster.
Before his injury, McGroarty had managed to dress for a total of 16 NHL contests this season. Averaging 12:13 time on ice per game without much special teams usage to speak of, McGroarty only managed three points.
As a prospect, the most significant question mark surrounding McGroarty was his skating. The Athletic’s Corey Pronman classified McGroarty’s foot speed as “mediocre,” while David St-Louis of Elite Prospects wrote that McGroarty could become a quality middle-six NHLer if he could further develop his skating stride.
While McGroarty is widely credited with having improved his skating over the course of his time in the Penguins organization, the pace of NHL hockey proved to be a steep challenge for him during his 16 games of action so far this season. As a result, he has thus far been unable to translate his offensive production from the AHL level to the NHL, even as other positive qualities in his game have begun to surface.
Not only does reassigning McGroarty to the AHL give him a chance to ramp up from his injury recovery in a lower-pressure environment, it also gives him the chance to build up some confidence as a scorer. While the Penguins have not indicated any clear timeline for McGroarty’s return to the NHL level, it would be a surprise to see him with the AHL Penguins for an extended period.
Benefiting from McGroarty’s reassignment is Koppanen, who returns to the NHL roster after almost two months in the AHL. The 27-year-old last played in the NHL on Nov. 29, skating 13:28 in a tough 7-2 loss to the Toronto Maple Leafs. He’s played in 10 games this season, registering one assist on 12:28 time on ice per game.
While it’s possible Koppanen’s recall lasts only as long as it takes for McGroarty to return to the NHL, this transaction is nonetheless a significant opportunity for the winger to gain some NHL experience in advance of his unrestricted free agency in the summer.
Earlier in the season, The Athletic’s Josh Yohe wrote that Koppanen “isn’t an NHL player.” He hasn’t gotten into an NHL game since that point. The key for Koppanen to flip that narrative and earn both an extended stint in the NHL and a one-way NHL contract for next season (he’s playing this year on a two-way deal with a $475K AHL salary) will be to bring a consistent defensive and physical element to the table on a shift-by-shift basis.
Koppanen stands 6’5″ and already got some time on the penalty kill in his last NHL stint. He has all the tools necessary to be an impactful fourth-line role player, and now this recall gives him another opportunity to show he can translate those tools into meaningful on-ice value.
As a pending UFA, every strong NHL game he can add to his résumé could make a difference in the summer, so how he performs in this newfound opportunity will be interesting to monitor in Pittsburgh’s next few games.
Filip Hronek Has “No Interest” In Trade Away From Canucks
As the Vancouver Canucks consider all possibilities to help reshape their club and build a future Stanley Cup contender, one name that has emerged as a potential key trade candidate is defenseman Filip Hronek. The Czech blueliner is the Canucks’ most important rearguard in the aftermath of the Quinn Hughes trade, and would likely draw an immense amount of league-wide interest if he was shopped.
The prospect of Vancouver dealing Hronek is a topic that has been recently discussed by numerous figures in the media, but today Hronek’s agent, Allan Walsh of Octagon Hockey, shut down the speculation, writing: “This is just wasted air,” and “Vancouver management and coaches are happy with Fil and Fil has no interest in going anywhere else.”
While Hronek may have seemed like a potentially realistic trade candidate for those outside of the Vancouver market, Walsh’s unequivocal denial of such a possibility does not come as any great surprise upon closer examination. First and foremost, Hronek’s eight-year, $7.25MM contract carries a full no-move clause until 2028. As a result, Hronek and his camp would need to sign off on any deal involving him. In other words, if Hronek doesn’t want to be traded (and Walsh said, in no uncertain terms, that he does not), he won’t be traded.
Additionally, while the Canucks are pursuing a team-building strategy centered around acquiring young players and draft picks, there is still a necessity for veteran leaders to insulate and guide that young talent. The Montreal Canadiens, a team many point to as an example of rebuild done right, retained key veterans such as Brendan Gallagher, Josh Anderson, and Mike Matheson throughout their rebuild, ensuring their young core players had experienced veterans to guide them. Hronek could be one of the Canucks’ equivalents to that Canadiens trio.
Hronek is held in high regard both for his immense on-ice contributions as well as his value off the ice to the Canucks’ locker room and overall team culture. He’s a trusted veteran and is a legitimate candidate to be the Canucks’ next captain, according to CHEK TV’s Rick Dhaliwal (via The Athletic’s Thomas Drance).
While he’d certainly fetch the Canucks a mammoth return if they ever elected to trade him, keeping Hronek could very well end up being the more valuable choice when it comes to meaningfully advancing their rebuild.
In this sense, it’s important to not look at the concept of “advancing a rebuild” in narrow, dogmatic terms.
Keeping a valuable veteran asset, rather than trading him for draft picks or prospects, can be the right choice for a rebuilding team. The value to a rebuild provided by a veteran effectively absorbing a difficult workload can equal, or even outweigh, the value provided by an extra set of draft picks. Hronek is positioned to be able to illustrate this in the coming years.
Hronek is now Vancouver’s No. 1 defenseman, averaging 24:23 time on ice per game including time on both sides of special teams. He’s behind only Elias Pettersson for the team lead in scoring, and is often their most consistent player on a nightly basis.
There is a real trickle-down effect of the workload Hronek handles on a nightly basis. By handling the tough matchups and eating so much time on ice per game, the Canucks are able to more appropriately deploy their younger blueliners. Because Hronek is playing 24 minutes per night, the Canucks can ease a younger defenseman such as Victor Mancini into the NHL in a role he’s more suited for. If Hronek were traded, a defender like Mancini could end up playing more minutes and tougher matchups than he’s ready for, something that may not be conducive to his development.
Matheson was mentioned earlier as a comparable defenseman in terms of being a veteran on a rebuilding club, and one only needs to look at the impact Matheson has had in Montreal in order to grasp just how valuable Hronek can be to the Canucks’ rebuild. Over the course of the worst years of the Canadiens rebuild, Matheson was a rock. He ranked No. 11 in the NHL in time on ice per game his first year in Montreal, and was No. 3 in the NHL in 2023-24.
Because Matheson was able to weather those difficult matchups and handle such a heavy workload, the Canadiens enjoyed a clear trickle-down benefit. Young, developing defensemen such as Lane Hutson, Kaiden Guhle, and Arber Xhekaj were able to find their footing at the NHL level without being handed too much, too fast.
Those defensemen were able to be placed in positions to succeed more often than not, and faced a far lower risk of over-exposure damaging their confidence and development. The Canadiens have reaped the benefits of that arrangement. Their rebuild meaningfully advanced because they elected to prioritize the on-ice value of keeping Matheson, rather than the hypothetical future value of trading him for prospects or draft picks.
That appears to be the approach the Canucks are set to take with Hronek. As mentioned, the player’s representation has made it clear that he has no interest in landing elsewhere, and the Canucks themselves are reportedly more likely to name Hronek captain than they are to deal him. That may not stop teams in need of a high-end blueliner from calling, but they’ll likely do so with a clear understanding that trading for Hronek is not a realistic possibility.
Photos courtesy of Timothy T. Ludwig-Imagn Images
Sabres’ Joshua Norris Downgraded To Week-To-Week
1/18/26: Sabres head coach Lindy Ruff issued an update on Norris’ status today, telling the media that Norris won’t travel with the team on their upcoming flight to Carolina. Ruff said Norris is “not really recovering the way we had hoped” and downgraded the player’s recovery timeline to week-to-week. Norris’ injury was previously classified as day-to-day.
1/15/26: Yet another injury has come through for one of the league’s most plagued forwards. Buffalo Sabres centerman Joshua Norris sustained an upper-body injury on Wednesday that will have him out on a day-to-day basis, per a team announcement.
Norris’ final shift came with six minutes remaining in the second period. He received a few cross-checks to the ribs courtesy of Philadelphia Flyers defenseman Nick Seeler. Norris fought through those checks to deliver the primary assist on Buffalo’s fourth goal of the game. It seems those whacks may have caused more damage than it appears, though, and he will now land on the shelf yet again.
Norris missed 25 games between October and December while recovering from a different upper-body injury sustained in the Sabres’ season opener. He has had a bad trend of upper-body injuries through the last few years, sustaining an oblique injury that ended his 2024-25 season early and undergoing multiple shoulder surgeries during his six seasons with the Ottawa Senators.
While this injury doesn’t seem as severe as some Norris has faced, it will still shorthand the Sabres for the near future. Norris has been an electric part of the offense when healthy. His 17 points in 19 games this season gives him the second-highest scoring pace (0.89 points-per-game) on the team behind Tage Thompson (0.98).
This has been a career-year for Norris on the scoresheet. His scoring pace and 0 plus-minus both rank as career-highs. He has reached those heights despite averaging under 16 minutes of ice time each game – a career-low, largely thanks to so often needing eased back from injury. His strong shooting and connection with Buffalo’s stars has still earned Norris a spot on the Sabres’ top power-play unit. They will have to replace that hole, in addition to Norris’ spot in the top-six, for their next slate.
The Sabres have recalled top prospect Konsta Helenius to attempt to fill the gap. Helenius leads Rochester Americans forwards in scoring with 30 points in 34 games. He is in his second AHL season after spending two years in the Liiga, Finland’s top league. Despite yo-yoing prospects like Isak Rosen and Noah Ostlund between leagues, the Sabres have opted for a patient approach with Helenius, leaving him a full-time AHL role through the last two seasons. Now, with Norris out, their patience could come to fruition should Helenius make his NHL debut.
Latest On Artemi Panarin, Rangers Retool
Mirroring a similar action they took almost eight years ago, the New York Rangers released a public statement — a letter — to fans and the media announcing the club would chart a new direction for its competitive future, embracing a “retool” of its roster as the best path back to legitimate Stanley Cup contention.
While no transactions have yet been made to kick off this “retool,” (outside of a brief recall of defenseman Connor Mackey) it’s likely that we’ll see several made as we get closer to the NHL’s trade deadline on March 6.
In the aftermath of the Rangers’ letter, two players have emerged as the most likely candidates to be traded by the team before the deadline: pending UFAs Artemi Panarin and Carson Soucy.
Soucy’s situation is more straightforward. He’s an established defensive defenseman with over 400 games of NHL experience. The Rangers should have no issue fielding offers for Soucy, even if they have to navigate a $3.25MM AAV contract that contains a 12-team no-trade list. The Athletic’s Peter Baugh wrote Friday that the Rangers “should be able to fetch at least a mid-round pick” in any Soucy deal.
Panarin’s situation is significantly more complicated. First and foremost, he has a full no-move clause, meaning he’ll need to sign off on any deal before he can be traded. 
Panarin was asked about the Rangers’ new direction after the team’s victory over the Philadelphia Flyers yesterday, and he said “I’m still confused, but the GM decided to go in a different direction. I’m OK with that.” Panarin was asked more specifically about his no-move clause, but he declined to address that specific element of the situation.
The Rangers have made it clear to Panarin, per multiple reports, that he will not be offered a contract extension with the club. So, as long as he is willing to waive his no-move clause to go somewhere, he’s a near-certainty to be moved at some point before the deadline.
Parsing together where he might actually be dealt is the more difficult part of the equation, largely because it’s so dependent on Panarin’s preferences. For example, he’d be within his rights to only accept a trade to a single destination, if he finds he has his heart set on playing for one specific team. There is some precedent for such a scenario, such as when Taylor Hall used his contractual rights in 2021 to steer the Buffalo Sabres into trading him to the Boston Bruins.
There’s been no indication, at this point, that Panarin is going to take up that approach, and it could be equally likely that he provides the Rangers with a curated list of teams he’d accept being dealt to. There’s even a possibility — however remote — that Panarin declines to waive his no-move clause at all.
What the Rangers might receive in return appears, in many ways, dependent on Panarin’s decisions in this process. If he allows for a wide range of potential destinations, the Rangers could create sufficient leverage in trade talks to generate a significant return. If Panarin only accepts a deal to one team, New York would naturally have far less leverage in trade talks, and the return could subsequently be lighter than anticipated.
Looking back to the Hall example, the Sabres’ return for their star winger, a recent Hart Trophy winner, was widely considered “underwhelming” at the time. In exchange for Hall, the Sabres were only able to net a second-round pick and Anders Bjork, in large part due to being forced into exclusive negotiations with the Bruins.
While there’s been no indication that Panarin has a specific destination in mind the way Hall did, the precedent is worth looking back at, as it illustrates just how much control Panarin has over the process.
New York recently communicated to Panarin, their star forward of the 2020’s, that he would not be offered a contract extension. As a result, he may have a limited appetite to assist the Rangers and provide them with a wide range of teams he’d accept a trade to.
Beyond Panarin, the Rangers do have a few other trade candidates to consider, though the key ones are not pending UFAs like Panarin and Soucy.
The Athletic’s Vince Z. Mercogliano wrote yesterday that center Vincent Trocheck is “widely considered” the Rangers’ most valuable trade asset, and the 32-year-old could be the top pivot available in an extremely limited in-season trade market at the position. He could be of immense interest to center-needy contending teams such as the Minnesota Wild.
In addition to Trocheck, Mercogliano also named defenseman Braden Schneider, who is a pending RFA, as a key trade candidate. Since New York has right-shot blueliners Adam Fox and Will Borgen each signed to long-term deals, they could deal from a position of strength with Schneider. Trading the 2020 first-rounder would give the Rangers’ retool a significant boost, as he’s likely to command a strong return as a coveted young, sizeable right-shot defenseman.
But while the Rangers could conceivably wait until the offseason to deal Trocheck or Schneider, they don’t have the privilege of that kind of timeline with Panarin or Soucy. As a result, the Rangers’ retool could begin in earnest sooner rather than later.
Photos courtesy of Wendell Cruz-Imagn Images
St. Louis Blues To Activate Dylan Holloway
1/18/26: The Blues made it official today, announcing that Holloway will return to the lineup for the team’s game against the Edmonton Oilers.
St. Louis has an open spot on their 23-man active roster, meaning they won’t need to make a corresponding transaction in order to activate Holloway off injured reserve. Once Holloway is activated, the Blues will be down to three forwards on IR: Suter, top pivot Robert Thomas, and winger Mathieu Joseph.
1/17/26: Things are finally swinging towards the positive for the injury-plagued St. Louis Blues. Winger Dylan Holloway was a full participant at practice and will join the team on their upcoming three-game road trip per Lou Korac of The Hockey News. The top-six winger has missed the last 15 games with a high ankle sprain in his right leg.
Centerman Pius Suter won’t be ready for the road trip and will miss the trip. Suter has missed the last nine games with a high ankle sprain of his own. If Suter follows Holloway’s timeline, he could be a candidate to return during St. Louis’ four-game homestand next week.
Returning Holloway will be a major addition for the struggling Blues offense. St. Louis has averaged just 2.33 goals-per-game since Holloway was injured, the second-lowest mark in the NHL behind the New Jersey Devils. The Blues have slipped while continuing to allow a league-average 3.0 goals-against, putting them in a losing stance on a nightly basis.
The explosive Holloway could be the man to end the quiet spell. Even after an extended absence, he still ranks seventh on the team in scoring with eight goals and 17 points in 33 games. That includes four points scored in seven games through the first two weeks of December, the fourth-most of any Blue.
Holloway has been a revelation for the Blues lineup since joining the team in the summer of 2024. He had a career-year last season, scoring 26 goals and 63 points in 77 games in what was his first full season on an NHL roster. Like many Blues, Holloway’s numbers have dipped in the 2025-26 season – but his spot on the team’s top-six has held firm. Holloway is expected to return to the lineup as the spark plug next to Dalibor Dvorsky and Jake Neighbours.
Suter has held down a third-line role in his first season in St. Louis. He scored 14 points, split evenly, in 37 games before going down with injury. The 29-year-old center hasn’t found the same spark that led him to 25 goals and 46 points with the Vancouver Canucks last season. He has provided depth support among a veteran bottom-six and should continue in that role when he’s back from injury.
Lightning Reassign Brandon Halverson
1/18/26: The Lightning announced today that Halverson has been returned to AHL Syracuse. Halverson backed up Vasilevskiy for the club’s loss to the St. Louis Blues on Friday, in place of Johansson.
Halverson’s reassignment indicates Johansson will be active for the Lightning’s game against the Dallas Stars this afternoon.
1/16/26: According to a team announcement, the Tampa Bay Lightning have recalled goaltender Brandon Halverson ahead of tonight’s game against the St. Louis Blues. The Lightning already had a full 23-man roster before the move, so they’ll have to make a corresponding transaction.
Fortunately for the Bolts, Halverson’s recall isn’t connected to an injury to starting netminder Andrei Vasilevskiy. Backup goalie Jonas Johansson missed Tampa Bay’s practice on Thursday for what the team described as “body maintenance”, so he could be headed for a brief trip to the injured reserve.
Today’s transaction marks the second recall of the year for Halverson. He was first recalled in early December when Vasilevskiy was injured. He only appeared in one game for the Lightning during his 12-day recall, briefly appearing in Tampa Bay’s shootout loss to the New York Islanders on December 13th.
Still, the 29-year-old’s play in the AHL has made him an easy recall candidate when the Lightning have needed him. Halverson has recorded a 12-6-3 record in 20 games for the AHL’s Syracuse Crunch this season with a .899 SV% and 2.42 GAA. His three shutouts are tied for the second-most in the league.
Until the Lightning provides an update on Johansson or their corresponding roster move, there’s no telling how long Halverson’s current recall will last. Regardless, given that Vasilevskiy remains healthy, there’s little chance Halverson will appear in a game unless something goes dramatically wrong.