This post was originally published on this site.
The NHL’s sellers are all selling.
They’ve helped create a steady drip of trade activity ahead of the Olympic roster freeze, which takes effect Feb. 4 and runs 18 days throughout the Milan Cortina Games.
The New York Rangers made their first of what’s expected to be multiple moves, trading Carson Soucy across town to the New York Islanders on Monday. The Vancouver Canucks dealt pending unrestricted free agent Kiefer Sherwood to the San Jose Sharks last week. And the Calgary Flames shipped Rasmus Andersson to the Vegas Golden Knights a day before that.
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Each of those teams still has other pieces in play and remains well-represented on our latest Big Board, which includes nine new targets to expand to a total of 40.
As always, players are listed by how closely they demand watching, based on their potential impact and the current amount of buzz around them.
Note: Net Ratings and market values are via Dom Luszczyszyn’s model and are projected for the full season based on statistics through Jan. 26. Goals saved above expected (GSAx) are via Evolving-Hockey, also through Jan. 26. Contract info is via PuckPedia.
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Position
Winger
Shoots
Right
Contract term
2026 UFA
Current cap hit
$11,642,857
Players of this quality are rarely traded in the middle of the season in the NHL, but the Rangers have made it clear they won’t be signing the pending unrestricted free agent to a new contract and would like to move him to a destination of his choosing. He’s been New York’s leading point producer in all seven seasons since arriving on Broadway and remains one of the NHL’s elite playmakers. Panarin is also a serious threat to score goals, as evidenced by recent seasons of 37 and 49. He’s got game-breaking offensive ability, plain and simple. He’s also got full control over the trade process thanks to a no-movement clause in his contract.
Market value
$12,000,000
Net rating
New York Rangers
Forward
Winger
Position
Center
Shoots
Right
Contract term
2029 UFA
Current cap hit
$5,625,000
A center who makes an impact on both sides of the puck, Trocheck’s game remains at a level that earned him a spot on Team USA for next month’s Olympics. Known for playing with grit and determination, he’s got the tools to play in all situations and can handle heavy, difficult minutes. He’s viewed as a leader for the Rangers and represents a prime chip for them to play in the retool. His contract includes a 12-team no-trade list, though.
Market value
$7,700,000
Net rating
New York Rangers
Forward
Center
Position
Winger
Shoots
Left
Contract term
2026 UFA
Current cap hit
$5,125,000
Kane has been snakebitten since an offseason move to his hometown team, and his exit appears to now be getting expedited. Playoff-bound teams have the most interest in Kane’s physical brand of play, with the Dallas Stars among those poking around here. He remains an intimidating presence who is unafraid to go to the hard areas of the ice, albeit one who comes with some baggage. He played in the last two Stanley Cup Finals with the Oilers before the summer trade to Vancouver.
Market value
$2,600,000
Net rating
Vancouver Canucks
Forward
Winger
Position
Center
Shoots
Right
Contract term
2027 RFA
Current cap hit
$886,667
Rival scouts started hearing Wright’s name in the rumor mill during World Juniors earlier this month. The 2022 No. 4 pick is still in a developmental phase but has seen his offensive production dip from last season’s 19-goal, 44-point campaign. Wright profiles as an intriguing two-way center and will likely only be moved in a trade that sees a player with similar upside going back to Seattle. The Kraken like their organizational depth down the middle and are looking for a game-breaking winger.
Market value
$3,000,000
Net rating
Seattle Kraken
Forward
Center
Winger
Position
Center
Shoots
Right
Contract term
2031 UFA
Current cap hit
$8,125,000
Nothing is off the table in St. Louis, including a potential deal involving the team’s top-line center. How likely that is depends on how you interpret the fact that his name has started to circulate again in chatter with rival teams. Thomas has experienced a slight dip in production this season, but he is coming off consecutive campaigns where he exceeded 80 points. He possesses strong puck skills and vision, and he can handle the challenge of facing tough competition every night. It would take a serious offer to land Thomas in the prime of his career, but the Blues are open for business.
Market value
$9,100,000
Net rating
St. Louis Blues
Forward
Center
Position
Winger
Shoots
Left
Contract term
2027 UFA
Current cap hit
$4,900,000
An excellent skater and defensively sound winger, the puck is usually headed in a positive direction when Coleman is on the ice. He’s a 20-goal scorer who has been dangerous on the penalty kill over the years and ideally slots in on the third line of a top team — as he did for the Lightning while winning back-to-back Stanley Cups in 2020 and 2021. Coleman is signed through 2026-27, but it’s little wonder so many teams are calling the Flames already to inquire about his services. He’s the kind of upgrade who can raise the bar for a contender. However, the Flames aren’t sure they’re ready to part with him.
Market value
$5,500,000
Net rating
Calgary Flames
Forward
Winger
Position
Defenseman
Shoots
Right
Contract term
2028 UFA
Current cap hit
$9,000,000
Trade talk has cooled off a touch since Hamilton returned to the Devils lineup following a healthy scratch earlier this month, but he’s still very much available. New Jersey would like to clear up cap space for other moves, and Hamilton no longer has a full no-trade clause in his contract. He’s a mobile right-shot defenseman who is logging more than 21 minutes per night this season. His offensive prowess isn’t what it once was, but the puck still tends to be moving in the right direction when he’s on the ice. As a bonus, the actual dollars owed on Hamilton’s contract is less than the cap hit attached to the deal.
Market value
$7,500,000
Net rating
New Jersey Devils
Defenseman
Right-shot defenseman
Position
Defenseman
Shoots
Right
Contract term
2026 UFA
Current cap hit
$2,750,000
As the Jets continue to scrape along near the bottom of the NHL standings, Schenn should be one of their easiest pieces to move. While the sturdy right-shot defenseman may not return the same value Winnipeg gave up for him at last year’s deadline — they dealt second- and fourth-round picks to Pittsburgh — he still has plenty of utility as a depth defender. Schenn is a veteran of 1,100 NHL games who effectively protects the area around his net and consistently puts his body on the line as a shot blocker. He’s also a two-time Stanley Cup champion.
Market value
$775,000
Net rating
Winnipeg Jets
Defenseman
Right-shot defenseman
Position
Center
Shoots
Left
Contract term
2029 UFA
Current cap hit
$7,000,000
A fierce competitor with a Stanley Cup ring already in his collection, Kadri possesses a rare combination of offensive ability and fearlessness. He never backs down from a challenge and seems to elevate his play when the game’s emotions are highest. It’s little wonder the Flames aren’t eager to part ways with a center who still has three seasons left on his contract after this one. However, Kadri plays a premium position and still has a lot left to offer, so the biggest question here is how long he can remain patient in a rebuilding program.
Market value
$6,300,000
Net rating
Calgary Flames
Forward
Center
Position
Goalie
Contract term
2027 RFA
The 23-year-old is having a superb season as part of the tandem in Minnesota but finds himself on this list because of the tremendous value he could potentially bring back in a trade. The Wild have Filip Gustavsson under contract through 2031 and will at least listen to interest in Wallstedt, according to The Athletic’s Michael Russo. Minnesota is going to need to get a front-line player back in order to make this work. But after parting with their other A-plus assets in order to land Quinn Hughes in December, the Wild are willing to take another big swing before the deadline.
Market value
Not available for goalies
Goalie stats
Minnesota Wild
Goalie
Position
Center
Shoots
Right
Contract term
2026 UFA
Current cap hit
$5,250,000
A big center who recently hit the 1,000-game milestone, Coyle has had a nice bounce-back season in Columbus. A return to the kind of production that’s in line with his best years in Boston has helped fuel a fair amount of interest in the pending unrestricted free agent. Coyle is a matchup center who can handle difficult assignments and brings plenty of Stanley Cup playoff experience. There’s already been expressions of interest.
Market value
$6,800,000
Net rating
Columbus Blue Jackets
Forward
Center
Winger
Position
Winger
Shoots
Left
Contract term
2030 UFA
Current cap hit
$4,820,000
Kotkaniemi has lost his grip on an everyday roster spot with the Hurricanes, which makes him an intriguing trade candidate given his age and the position he plays. The biggest red flag is that a player once prized for his 200-foot ability has seen a big dip in his ability to drive play this season. Kotkaniemi’s typically inconsistent offensive numbers have trended hard in the wrong direction, as well. He still has four seasons remaining on his contract beyond this one, albeit at a reasonable cap number, and only has limited control of the situation via a 10-team no-trade list.
Market value
$2,000,000
Net rating
Carolina Hurricanes
Forward
Winger
Center
Position
Winger
Shoots
Left
Contract term
2026 UFA
Current cap hit
$4,500,000
The well-traveled perennial 20-goal man has a penchant for getting under the skin of opponents with a high-energy game. Bunting is unafraid to engage in puck battles and is well-suited to playing alongside high-end teammates because he can help win it back for them. He’s also a pending unrestricted free agent having a reasonably productive season.
Market value
$4,100,000
Net rating
Nashville Predators
Forward
Winger
Position
Defenseman
Shoots
Right
Contract term
2026 UFA
Current cap hit
$4,400,000
Big, strong and experienced, Murphy has posted strong defensive results under less-than-favorable conditions with the Blackhawks in recent years. The right shot comes with an expiring contract that should be fairly easy to move, particularly in light of how few options are likely to be available in free agency next summer. This is a time of transition in Chicago so roster flexibility is paramount.
Market value
$2,500,000
Net rating
Chicago Blackhawks
Defenseman
Right-shot defenseman
Position
Defenseman
Shoots
Left
Contract term
2026 UFA
Current cap hit
$1,250,000
The Jets have invested nearly a decade in Stanley’s development and seen him blossom with a surge in scoring to go with the stout physical play you’d expect from a 6-foot-7 defenseman. Unafraid to drop his gloves to defend teammates and with a reach that’s basically unmatched across the league, Stanley is in position to cash in this summer with a contract that could be worth $25 million or more. That leaves Winnipeg with a decision to make: Does it want to be the team offering that deal, or is it time to cash in on its investment by putting him on the trade market? The Jets haven’t gone too far down the road yet on contract discussions.
Market value
$775,000
Net rating
Winnipeg Jets
Defenseman
Left-shot defenseman
Position
Winger
Shoots
Left
Contract term
2026 UFA
Current cap hit
$1,350,000
On pace for a second straight 20-goal season, McMann will be seeking a raise on his next contract that may be beyond what the Leafs are comfortable paying. He skates extremely well for a man of his size and has authored a great story of perseverance, going undrafted before working his way up from the ECHL. If the Leafs drift further from the playoff cut line and pivot toward selling, he’ll be one of their easier pieces to turn into future assets.
Market value
$4,700,000
Net rating
Toronto Maple Leafs
Forward
Winger
Position
Winger
Shoots
Left
Contract term
2027 UFA
Current cap hit
$3,600,000
The fit hasn’t worked out in Edmonton, where Mangiapane has become a routine scratch amid a wildly unproductive start. His 35-goal season from 2021-22 is a distant memory now, and his defensive impacts are cause for concern. However, he did score 13 even-strength goals in Washington last season and was also deployed as a penalty-killer on the league’s fifth-best unit. Mangiapane holds a full no-movement clause, but will be open-minded about helping the Oilers find him a new opportunity.
Market value
$1,500,000
Net rating
Edmonton Oilers
Forward
Winger
Position
Center
Shoots
Left
Contract term
2026 UFA
Current cap hit
$3,750,000
A competitive, heart-on-his-sleeve center who has spent his entire NHL career in Columbus, Jenner is facing an uncertain future while playing on an expiring contract. He’s unafraid to go to the hard areas of the ice and can put the puck in the net, which are attractive attributes to peddle if the Blue Jackets become sellers later in the season. The biggest drag on Jenner’s career has been an inability to remain healthy, so it’s notable that he missed 14 games earlier this season with an upper-body injury
Market value
$6,000,000
Net rating
Columbus Blue Jackets
Forward
Winger
Center
Position
Winger
Shoots
Left
Contract term
2026 UFA
Current cap hit
$4,037,500
A big winger capable of playing up and down the lineup, Mikheyev brings a fair amount of versatility with his game. He’s been deployed as a penalty-killer throughout his NHL career and is a threat to score short-handed. Not only is Mikheyev a pending UFA, 15 percent of his contract was retained by the Vancouver Canucks in a previous trade, so the cap hit on his deal is eligible to be reduced further.
Market value
$4,100,000
Net rating
Chicago Blackhawks
Forward
Winger
Position
Winger
Shoots
Right
Contract term
2029 UFA
Current cap hit
$5,500,000
The fit in Nashville hasn’t been anything close to what Marchessault envisioned when he signed there in July 2024. Still, he scored 21 goals last season — his lowest total in an 82-game campaign since 2015-16 — and seems like a good bet to return to previous scoring levels if placed alongside a center who can get him the puck. The 2023 Conn Smythe Trophy winner boasts a resume that includes 102 career playoff games. What’s more, Marchessault’s cap hit should become even more palatable as it ages.
Market value
$2,800,000
Net rating
Nashville Predators
Forward
Winger
Position
Winger
Shoots
Right
Contract term
2031 UFA
Current cap hit
$8,125,000
Kyrou’s name circled through the rumor mill before his no-movement clause officially took effect on July 1, and it resurfaced abruptly in November when he was made a healthy scratch by the scuffling Blues. While his production is a shade off its usual level, Kyrou remains a highly skilled winger who possesses an enviable toolkit — blinding speed, high-end vision and creativity to spare. As much as he doesn’t seem inclined to want a change of scenery, this could be a sea-change season in St. Louis.
Market value
$8,400,000
Net rating
St. Louis Blues
Forward
Winger
Position
Defenseman
Shoots
Right
Contract term
2026 UFA
Current cap hit
$2,750,000
The Bruins took a serious run at landing Rasmus Andersson, which almost certainly would have forced Peeke out of town as a pending unrestricted free agent. He remains a trade chip for an organization retooling on the fly. Peeke is a mobile right-shot defenseman who excels in the defensive aspects of the game. While big at 6-foot-3, he isn’t known for being overly physical.
Market value
$800,000
Net rating
Boston Bruins
Defenseman
Right-shot defenseman
Position
Defenseman
Shoots
Right
Contract term
2027 UFA
Current cap hit
$6,500,000
Faulk remains a consistent and durable player and is still logging more than 22 minutes per night in his 15th NHL season. Known as a stout five-on-five defender who chips in a bit offensively, he generally keeps things steady. Faulk is also a right shot capable of playing both sides of the ice. As an added bonus, his contract was front-loaded, which means that he’s owed less in actual cash than his cap hit now that he’s down to the final two seasons on it.
Market value
$5,100,000
Net rating
St. Louis Blues
Defenseman
Right-shot defenseman
Position
Winger
Shoots
Right
Contract term
2026 UFA
Current cap hit
$8,700,000
Working his way back from core muscle surgery that’s limited him to just five games this season, Laine doesn’t appear to have a future with the Canadiens. They don’t have an obvious spot for him in the lineup and seem inclined to move off his contract in order to clear cap room needed for other moves. While Laine is no longer the game-breaking talent who took the NHL by storm a decade ago, he still possesses a wicked shot and remains a serious power-play threat.
Market value
$2,600,000
Net rating
Montreal Canadiens
Forward
Winger
Position
Center
Shoots
Left
Contract term
2032 UFA
Current cap hit
$11,600,000
Pettersson has played at a higher level than last season, when his name first circulated in trade rumors, but he remains a long way removed from the performer he was when Vancouver signed him to a $92.8 million, eight-year extension in March 2024. That obviously impacts his trade value. However, the fact that Pettersson has previously been an elite offensive play-driver makes him an enticing proposition for some, especially since the price tag to land him shouldn’t be too steep. The biggest concern for the Canucks in considering a Pettersson trade is the fact that he may blossom again in a new environment.
Market value
$7,500,000
Net rating
Vancouver Canucks
Forward
Center
Position
Center
Shoots
Right
Contract term
2028 UFA
Current cap hit
$8,000,000
The future Hall of Famer has been on a heater after a slow start and has already surpassed the 20-goal mark for the 16th time in his career. How that impacts his trade value remains to be seen. The Predators are hanging around the Western Conference playoff race, but that doesn’t change the fact that they’re planning to start skewing younger with the roster. The fact that Stamkos is still filling the net with his lethal shot is promising for potential suitors, especially since he lacks the kind of playmaking center in Nashville best suited to maximizing his scoring ability. A potential Stamkos trade carries some complications: He owns a no-movement clause, and the Predators would likely have to retain salary to make it work.
Market value
$6,400,000
Net rating
Nashville Predators
Forward
Winger
Center
Position
Defenseman
Shoots
Right
Contract term
2026 RFA
Current cap hit
$2,200,000
Schneider is a pending restricted free agent, which means that someone is really going to have to compel the Rangers to part with a player still under team control. But they’re open to having those conversations right now. Schneider is a right-shot defenseman with good size and all the raw tools needed to become an effective top-four option. A big bump in usage this season has produced some concerning defensive metrics, so there’s definitely still room for improvement in his game.
Market value
$775,000
Net rating
New York Rangers
Defenseman
Right-shot defenseman
Position
Defenseman
Shoots
Left
Contract term
2027 UFA
Current cap hit
$1,350,000
A prototypical defensive defenseman who puts his body on the line by blocking shots and playing opponents physically, Benoit has endured some recent scratches. The Leafs have a number of depth options at the position, and Benoit represents a player who could bring back some value with a cap-friendly contract that runs through next season. That’s the main reason his name has recently started making the rounds. What you see is what you get with Benoit, who has extremely limited offensive impacts.
Market value
$775,000
Net rating
Toronto Maple Leafs
Defenseman
Left-shot defenseman
Position
Center
Shoots
Left
Contract term
2026 UFA
Current cap hit
$4,250,000
A defense-first center who specializes in smothering opponents, Dickinson is ideally suited for a bottom-six role on a strong team. He’s produced strong underlying metrics for the Blackhawks this season despite being fed a steady diet of defensive-zone starts. While Dickinson doesn’t produce much offense, he can anchor a shutdown line and bring added value as a penalty killer. He’s also playing on an expiring contract.
Market value
$775,000
Net rating
Chicago Blackhawks
Forward
Center
Position
Winger
Shoots
Right
Contract term
2026 UFA
Current cap hit
$4,750,000
There’s been no progress on a contract extension since Jarmo Kekäläinen was named Sabres GM, but there’s also little reason to do anything that might disrupt the mood around the surging club. As a result, Tuch could find himself as an “own rental” with Buffalo chasing its first playoff appearance in 15 years. He’s a big, fast power forward with a proven ability to put the puck in the net. However, Tuch is also seeking a big raise as a pending unrestricted free agent and can’t be completely ruled out as a trade candidate.
Market value
$7,500,000
Net rating
Buffalo Sabres
Forward
Winger
Position
Goalie
Contract term
2027 UFA
Binnington hit late January with some of the worst numbers among starting NHL goalies, including a minus-16.9 goals saved above expected rating through Jan. 26 — last in the league. That’s a reflection of how poorly things have gone for the Blues, too. Still, he’s earned a reputation as a big-game goalie who rises to the occasion under the most intense pressure, and that’s going to have allure for any contenders looking for an upgrade in the crease. Binnington’s contract includes a 14-team no-trade clause and runs through the end of next season.
Market value
Not available for goalies
Goalie stats
St. Louis Blues
Goalie
Position
Defenseman
Shoots
Left
Contract term
2026 UFA
Current cap hit
$2,750,000
The veteran profiles as a steady defensive defenseman. Traded midseason to Pittsburgh as a cap casualty in the Tristan Jarry-Stuart Skinner deal, he’s a strong candidate to be flipped again by the trade deadline as a pending unrestricted free agent. What you see is what you get from Kulak, who played a valued support role in Edmonton’s long playoff runs over the past four seasons. He’s a penalty-killer and has been deployed on both sides of the ice in the past.
Market value
$2,400,000
Net rating
Pittsburgh Penguins
Defenseman
Left-shot defenseman
Position
Defenseman
Shoots
Left
Contract term
2026 UFA
Current cap hit
$3,250,000
The Sharks have explored a short-term contract extension with Ferraro, but so far those talks haven’t progressed too far. They’ll have to weigh the merits of trading him ahead of the deadline if that doesn’t change. Ferraro is a minute-munching, shot-blocking defenseman who appears capable of producing much better numbers on a more complete team. He’s also a decent puck mover and penalty killer with a competitive streak to match.
Market value
$1,800,000
Net rating
San Jose Sharks
Defenseman
Left-shot defenseman
Position
Winger
Shoots
Right
Contract term
2032 UFA
Current cap hit
$6,000,000
Garland signed a six-year extension with the Canucks last summer, but he has since seen the team pivot to a rebuild. He is a strong skater who is unafraid to skate through opponents despite his diminutive size. More of a playmaker than a goal-scorer, he’s an excellent complementary piece who can be counted on to produce at a 50-point pace. Teams are interested in the player, but moving this kind of contract might be better tackled in the offseason.
Market value
$4,900,000
Net rating
Vancouver Canucks
Forward
Winger
Position
Center
Shoots
Left
Contract term
2028 UFA
Current cap hit
$6,500,000
Schenn’s name was prominent in trade discussions last season, and he’s since seen a full no-trade clause get converted to a 15-team no-trade list, giving him less control in the process. Schenn’s offensive output is well off its usual levels, but he should still carry value as a reliable center capable of affecting the game at both ends of the ice. He’s scored at a 22-goal, 54-point 82-game pace across a 17-year NHL career.
Market value
$4,500,000
Net rating
St. Louis Blues
Forward
Winger
Center
Position
Winger
Shoots
Left
Contract term
2026 RFA
Current cap hit
$863,333
The Rangers system is stocked with wingers, and they’re gauging the market on those players, including Othmann, the No. 16 pick from the 2021 draft. While certainly not in a position at which they feel they have to move him, they’d be willing to part with him at the right price. His dangerous shot and ability to win back the puck are considered strengths, albeit traits he’s yet to show with any consistency in limited looks in the NHL. Othmann didn’t make it to the end of training camp with the Rangers before being sent down to AHL Hartford and could benefit from a fresh opportunity elsewhere.
Market value
Not available
New York Rangers
Forward
Winger
Position
Winger
Shoots
Left
Contract term
2026 UFA
Current cap hit
$5,500,000
An OG member of the Kraken, Schwartz is among a group of intriguing forwards playing out the final years of their contracts with Seattle — along with captain Jordan Eberle and Eeli Tolvanen, among others. He will carry trade value if the Kraken become sellers for a second straight year. A quick, skilled winger coming off a 26-goal season, Schwartz has a little extra shine thanks to his Stanley Cup bona fides, earned during the 2019 run in St. Louis. He’s cracked the 20-goal plateau on six occasions.
Market value
$4,700,000
Net rating
Seattle Kraken
Forward
Winger
Position
Center
Shoots
Left
Contract term
2026 UFA
Current cap hit
$1,100,000
The Czech Olympian found the playing time he was looking for when he signed in Vancouver in November, but the Canucks are going nowhere fast. Kämpf is ideally suited to be a fourth-line center. He’s a low-maintenance player who kills penalties, wins faceoffs and consistently remains on the safe side of the puck. Neither team tends to get much done offensively during his minutes.
Market value
$1,400,000
Net rating
Vancouver Canucks
Forward
Center
Position
Winger
Shoots
Left
Contract term
2031 UFA
Current cap hit
$5,500,000
A strong skater with a nose for the net, DeBrusk is a difference-maker when on his game. But those stretches have been counter-balanced by quiet periods. DeBrusk scored 28 goals during his first season with the Canucks but hasn’t seen the puck find the net at nearly that same rate this year. There’s a lot of meat left on the bone with a contract that includes a no-movement clause, which definitely complicates things, but DeBrusk is at an age where missing the playoffs won’t sit well. There are competitive teams out there sizing up the potential fit.
Market value
$5,100,000
Net rating
Vancouver Canucks
Forward
Winger
Position
Center
Shoots
Left
Contract term
2027 UFA
Current cap hit
$4,500,000
O’Reilly doesn’t own a no-movement clause, but the Predators will treat him as though he does. That means they won’t be trading their top center anywhere unless he’s willing to go. O’Reilly is an excellent two-way center who can be counted on to chip in offensively and has the ability to be a true difference-maker for a contender. As an added bonus, he’s a beast in the faceoff circle. Where this goes will depend heavily on if Nashville can remain in the playoff race until the trade deadline
Market value
$9,100,000
Net rating
Nashville Predators
Forward
Center