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NHL Transactions & Roster Moves

Owen Say(G)|CGY
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Say has been returned to the Calgary Wranglers (AHL).

Owen Say is an undrafted 20-year-old goalie from London, Ontario playing in his first professional season. He has yet to play an NHL game and has a 3.33 GAA and .891 SV% in 18 games (6-7-4) with the Calgary Wranglers (AHL) this season.

Source:
Ryan Pike 2026-01-06T19:12:34.994Z
Owen Say
Michael Misa(C)|SJS
Call Up
Call Up
MIsa has been recalled to the Sharks after being loaned to Canada's National Junior Team.

Misa made his NHL debut earlier this season but was used sparingly before suffering an injury, totaling only three points (1G / 2A) in seven games. The 18-year-old second-overall pick in the 2025 NHL Entry Draft scored seven points (2G / 5A) in seven games with Team Canada at the U-20 World Junior Championships and hopes his bronze-medal success at the tournament can help him build some confidence at the NHL level.

Source:
Curtis Pashelka 2026-01-06T21:08:45.872Z
Michael Misa
Ville Husso(G)|ANA
Call Up
Call Up
Husso has been recalled from San Diego (AHL).

The Ducks have allowed four or more goals in nine of their last 12 games (2-7-3) and, with Petr Mrazek (undisclosed) dealing with an injury, could be looking to shake things up between the pipes after recalling Husso from San Diego (AHL). The 30-year-old Husso had a 3.25 GAA and .884 SV% in a nine-game stint (5-3-1) with the Ducks earlier this season.

Source:
Anaheim Ducks 2026-01-06T18:10:25.164Z
Ville Husso
Nate Danielson(C)|DET
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Danielson has been assigned to Grand Rapids (AHL).

Danielson made his NHL debut at the beginning of November and has been a regular in the lineup since, but he will return to the Grand Rapids Griffins (AHL). The 21-year-old, the ninth overall pick in the 2023 NHL Entry Draft, has had trouble acclimating to the NHL level, with just seven points (2G / 5A) in 28 games. He had been held off the scoresheet in 11 straight games.

Source:
Detroit Red Wings 2026-01-06T16:37:57.625Z
Nate Danielson
Hunter Shepard(G)|OTT
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Shepard has been loaned to Belleville (AHL).

Shepard has exclusively served as Leevi Merilainen's backup while Linus Ullmark (personal) has been away from the team, but he will return to Belleville (AHL), with Mads Sogaard coming back in a corresponding move. The 30-year-old Shepard has a 3.16 GAA and .905 SV% in 11 games (5-5-1) with Belleville this season.

Source:
Sens Communications 2026-01-06T16:32:15.349Z
Hunter Shepard
Mads Sogaard(G)|OTT
Call Up
Call Up
Sogaard has been recalled from Belleville (AHL).

With Linus Ullmark (personal) away from the team, the Senators have relied exclusively on Leevi Merilainen, with Hunter Shepard serving as his backup. Sogaard has more NHL experience than Shepard, so Shepard's reassignment to Belleville (AHL) with Sogaard returning could indicate that Ottawa plans to give Merilainen a rest in an upcoming game. The 25-year-old Sogaard has a 3.55 GAA and .879 SV% in 29 career NHL appearances (11-11-3).

Source:
Sens Communications 2026-01-06T16:27:36.614Z
Mads Sogaard
Remi Poirier(G)|DAL
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Poirier has been loaned back to the Texas Stars (AHL).

With Casey DeSmith (personal) returning from a brief leave of absence, Dallas has loaned Poirier back to Texas (AHL). The 24-year-old Poirier is having a decent season in the AHL for a poor Texas team, posting a 2.77 GAA and .903 SV% in 22 games (8-10-4).

Source:
Dallas Stars 2026-01-05T16:54:41.167Z
Remi Poirier

NHL Roster Moves

NHL roster moves are essentially transactions that alter a team’s lineup. The roster move could make the team better or worse. In some cases, the move is inconsequential. Fan favourites could leave for greener pastures. A struggling player could get sent down to the farm team. A lousy contract might get put on waivers. Even worse, players may get strategically buried on the long-term injury reserve list because they’re not worth the cap hit. The possibilities are somewhat endless.

Types of NHL Roster Moves

Don’t worry; Daily Faceoff has you covered when trying to grasp the concept of a league ruled by the complexities of the almighty salary cap. Below, we break down the strategy behind roster moves so you can get a leg up in your DFS league.

Free agent signings

NHL rosters are primarily constructed by player signings. The front office reaches out to what are referred to as “free agents.” Both the front office and the player’s agent work out the terms of a deal. How teams sign deals varies depending on what type of free agents they’re dealing with.

Rookie Deals

Rookie’s sign something called an entry-level contract which is usually capped at a certain amount of money per year. Under the NHL’s current collective bargaining agreement, the longest an entry-level contract can be signed is three years.

Restricted Free Agent Contracts

After that, a player becomes a restricted free agent (RFA). Technically, they can sign with teams outside of who they played for in the past season by accepting an offer sheet. That said, if the player’s first team extends a qualifying offer, any team competing for the player’s services will have to offer up a certain amount of compensation in the form of draft picks. Of course, that’s if the player agrees to the offer sheet and their current team doesn’t match it.

Unrestricted Free Agent Contracts

Players can become unrestricted free agents (UFA) when their current RFA deal is up and they can go wherever they want. If they sign a contract extension, they can sign for up to eight years. Alternatively, they can sign a seven-year deal if they test the open market. Fun fact: pending UFAs might be motivated to play their hearts out to secure the bag in their next deal. Keep that in mind, fantasy players.

Blockbuster trades

Trades make for some of the most interesting NHL roster moves. To this day, the infamous Patrick Roy deal still gets talked about in NHL circles. What happens in a trade is that two or maybe even three teams link up and iron out a deal. There might be deals that are referred to as “hockey trades,” meaning that both teams get something of equal value. For example, one team gives up a first-line centre for a top-pairing right-handed defenceman. Some NHL trades involve bad teams selling off their moveable assets, such as upcoming free agents, for future considerations, including draft picks or prospects.

Injuries

Depending on how badly a player gets injured, several things can happen. They can be out of a game or two, with the team opting to keep the severity of the injury private (a common pet peeve for fantasy players). Players can be put on the injury reserve for injuries that can keep them out for a calendar week. This frees up a roster spot so someone from within the team’s system, or sometimes outside of it, can come in and replace them while they’re getting back in tip-top shape. If the player needs over a week to recover after a serious injury, they will get put on long-term injury reserve.

Waivers

In typical NHL roster moves jargon, when a player goes on waivers, other teams can claim them from their current team. A player usually goes on waivers when they’re signed to a one-way deal, meaning they can’t be sent down to the minors willy-nilly like a rookie on a two-way deal. Before the player gets sent down, other teams can claim the player on the “waiver wire.” If the player isn’t claimed, they go to the minors to play in the AHL.

Call Ups

Outside of signings, player callups are one of the most popular NHL transactions. Most teams call up players when they’re performing well in the AHL or if there’s an injury on the main roster. Usually, when a player gets called up to the NHL, one gets sent down to the minors.

Contract Buyouts

Of course, you’ve probably worked with someone who’s pretty lazy. People from afar think that person is a “good fit,” but internally, everyone hates the person. Oftentimes, that person finds a way to get fired. Well, newsflash: the same thing happens in NHL dressing rooms. Sometime players who have a history of poor performance have the audacity to ask for more money come contract time. Their team has the option to buyout their contract, or in extreme cases of misconduct, their contract can be terminated. If they’re not being bought out, the front office is laughing while the player’s agent is showing themselves out of the building. For the players who are actually good and could command big bucks on the open market, teams hustle to get them signed up for a new deal. If the player hits the open market, all bets are off…. Coaching Changes

Losing a head coach that sucked at their job and replacing them with a new one can ignite a team. Historically, decent teams perform strongly when they get a new coach. For how long those “strong performances” sustain themselves over the course of a season is a whole other story.

Rules Around NHL Roster Moves

NHL rules aren’t made to be broken. If they’re written in the collective bargaining agreement (CBA), you may as well say they’re written in stone. Let’s talk about those “set in stone” rules.

Trade Deadline

Teams have a certain amount of time each season to make NHL trades and signings. The date varies from season to season, but it usually falls between the end of February and early March so that roster’s are set before the Stanley Cup playoffs begin. After the deadline, players can still be moved, but they will not be eligible to play for the rest of the regular season or playoffs. You’ll usually see prospects who are playing abroad get dealt after the deadline, if any trades are made at all.

[Editor’s note: can include link to new DFO Stanley Cup page here]

Strategy Behind NHL Roster Moves

General managers and hands-on hockey ops executives are always thinking about the future. If their team is going to miss the playoffs and it’s a good draft year, they might be inclined to sell, meaning they’ll try to offload decent players in return for cap space, draft picks and younger players. The opposite can be said for good teams. They’ll be looking to add to what they already have to make a run for the cup.

If you’re a DFS player or even in a dynasty league, you can exploit that by buying low on players who are playing for bad teams but have the potential to increase their production if they get traded to a good team. Having access to a good data set can help ease the trouble of anticipating how good a player will be going to and from a certain team.

The Salary Cap

When general managers sleep at night, they probably have nightmares about the salary cap. “The cap,” as hockey insiders like Frank Seravalli refer to it when discussing NHL transactions, dictates how much a team can spend on its roster. There’s a “floor,” meaning a team has to spend at least this much per year. Then, there’s a “ceiling” that teams can’t go over lest they pay the price in draft pick compensation and fines, amongst other things. The salary cap makes it difficult for teams to trade players with high cap hits. It also creates a market in itself for teams that want to get over the “floor” by taking on other teams’ bad contracts. In a world beyond reality, most would favour a luxury tax system like the one Major League Baseball implements.

How NHL Roster Moves Impact Sports Betting

Look, if you don’t want to put up with another year of getting beat by your co-worker’s child in fantasy, you have to put as much effort into your team as that 10-year-old weasel will. That means keeping up with the news. Changing your lineups on a daily basis. Trading players at their peak value. Buying them from others when they’re at their lowest. For the love all of things good, change your injured players out for healthy ones. If you’re a sports bettor, any NHL roster can change the money line or the total in a game, especially if a star player is hurt or a team is playing its third-string goalie. Staying in the loop will give bettors a better chance at finding an edge.