The Columbus Blue Jackets have been the unheralded star of the 2024-25 NHL season. They’re fully entrenched in the race for the Eastern Conference Wild Cards, battling with the Boston Bruins, Ottawa Senators, and Montreal Canadiens for a clear path to the playoffs. Much of that success can be credited to new head coach Dean Evason, who replaced rookie Pascal Vincent over the summer after Vincent himself replaced Mike Babcock just weeks ahead of the 2023-24 season. Evason’s seasoned and veteran presence behind the bench has brought the best out of Columbus’ stars, including Kirill Marchenko and Kent Johnson, with a bill of health for defender Zach Werenski serving as the cherry on top. Even better, the Blue Jackets are red-hot in the new year – with a 5-1-0 record since January 1st giving them the fifth-best standing in the league in 2025.
On top of all of that, the Blue Jackets sit with the most projected cap space in the league – $18.75MM to be exact. That’s $1MM more than the second-richest team, the Calgary Flames, and a staggering $16.25MM more than the next-highest playoff contender, the Winnipeg Jets. That budget places Columbus in unprecedented territory as buyers, stamped by their pair of first-round picks in the 2025 NHL Draft. They will head to the Trade Deadline with the ability to spend to nearly any price, and build out their lineup into one that can truly challenge the league’s top teams.
Even two months out, there are plenty of talented names headed to the trade block. Nashville Predators general manager Barry Trotz has shared he expects former Selke Trophy-winner Ryan O’Reilly to receive plenty of interest, though the team could also be pried away from depth center Thomas Novak. The Vancouver Canucks have also fallen into unforeseen trade talks, after a rift between top forward J.T. Miller and Elias Pettersson landed both in rumors.
Those four forwards represent a wide array of options already. Columbus could afford to acquire the majority of them, while still remaining under the salary cap. While O’Reilly would likely command a role at center, any of the remaining trio could be pushed off to the wing – where Columbus’ depth is most glaring. Dmitri Voronkov has earned his role as the top-line left-wing with 30 points in 35 games, but the same can’t be said for James van Riemsdyk, Zach Aston-Reese, or Mikael Pyyhtia behind him. Van Riemsdyk leads the trio scoring with 15 points – serviceable enough to support Columbus’ push into playoff contention but hardly enough to support them through the Spring.
The Blue Jackets could also seek out a new option in net. Both starter Elvis Merzlikins and backup Daniil Tarasov have posted save percentages below .900 this season – sat at .889 through 28 games, and .862 through 11 games, respectively. Those numbers are far from the heights of Columbus’ peers for the postseason, with Jeremy Swayman, Linus Ullmark, and a red-hot Jakub Dobes supporting their competition. Longtime Anaheim Ducks goaltender John Gibson has been on the trade block for the better half of the last two seasons, and seems to be back to his old successes with a .908 in 18 games this season. Gibson would be far from a glamorizing addition, but he could come at a relatively cheap price given Columbus wouldn’t need the Ducks to retain any salary. The Blue Jackets could also turn towards a team like the Utah Hockey Club, who have two serviceable starters in Connor Ingram and Karel Vejmelka – and don’t seem within punching distance of their own Wild Card race.
Columbus seems to be in a golden spot. They’re well within reach of a postseason berth, carry the thickest wallet in the league, and have an incredibly rich supply of prospects and picks to entice failing teams with. It’s a dream situation for first-year Blue Jackets general manager Don Waddell to walk into – and his aggression at the Trade Deadline will speak volumes to his confidence in the team’s red-hot first-half. The trade market will be Waddell’s oyster – leaving the question for what moves will put Columbus over the edge.