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NHL Trades

Dallas has acquired Michael Bunting from Nashville for a 3rd round pick.

The Stars addressed their pre-deadline need for a depth scorer, acquiring Michael Bunting from the Nashville Predators. Bunting has had success in his career playing alongside high-end talent, notably during his time with Toronto when he played with Mitch Marner and Auston Matthews, and could be poised for a top-line role in Dallas with Wyatt Johnston and Mikko Rantanen, who is currently out with a lower-body injury. The 30-year-old Bunting averaged 14:48 time-on-ice and scored 31 points (13G / 18A) in 61 games with Nashville this season.

Michael Bunting
Minnesota has acquired Jeff Petry from Florida for a conditional 7th round pick.

Minnesota has acquired some depth on their blueline as they hope for a deep run in the upcoming postseason. The 38-year-old veteran Petry averaged 14:51 time-on-ice, recording eight points (0G / 8A), 57 blocks, and 59 hits in 58 games with Florida this season.

Jeff Petry
Vancouver has acquired Jack Thompson from San Jose for Jett Woo.

Thompson was a third-round pick of the Tampa Bay Lightning in the 2020 NHL Entry Draft that made his made at the NHL level last season, playing a career-high 31 games with the San Jose Sharks and scoring 10 points (4G / 6A). That said, the 23-year-old blueliner has spent the entire 2025-26 season in the AHL, where he scored 12 points (3G / 9A) in 42 games with the San Jose Barracuda.

Jack Thompson
Colorado has acquired Nicolas Roy from Colorado for a 2027 1st round pick and a 2026 5th round pick.

Roy has become a valuable bottom-six center in the NHL and will bring that presence to Colorado as they set their sights on a deep playoff run. The 29-year-old Roy averaged 14:45 time-on-ice, recording 20 points (5G / 15A), 32 blocks, and 61 hits in 59 games this season with the Toronto Maple Leafs.

Nicolas Roy
Vegas has acquired Nic Dowd from Washington for Jesper Vikman, a 2027 3rd round pick and a 2029 2nd round pick.

Dowd has been an effective bottom-six forward for the course of his career and will add some stability to the Golden Knights' lineup as they continue to battle for playoff positioning. The 35-year-old Dowd averaged 15:33 time-on-ice, recording 16 points (4G / 12A), 43 blocks, and 113 hits in 55 games this season with the Washington Capitals.

Nic Dowd
Washington has acquired Jesper Vikman, a 2027 3rd round pick and a 2029 2nd round pick from Vegas for Nic Dowd.

Vikman was drafted in the fifth round of the 2020 NHL Entry Draft by the Vegas Golden Knights, but has yet to make his NHL debut. The 23-year-old Swedish goalie had a 3.41 GAA and .866 SV% in 18 games (8-7-3) this season with the Henderson Silver Knights (AHL).

Jesper Vikman
The Blackhawks acquired Mangiapane from the Oilers along with a conditional 2027 first-round pick in exchange for forwards Jason Dickinson and Colton Dach.

Mangiapane's brief and disappointing career as an Oiler comes to an abrupt end on Wednesday, with the Oilers shipping him and a first-round draft pick out in exchange for forwards Jason Dickinson and Colton Dach. Mangiapane just couldn't find his footing in Edmonton after signing a two-year, $7.2-million contract in the off-season. The 29-year-old winger scored just seven times in 52 games and struggled to even hold a place in Edmonton's lineup toward the end of his Oilers tenure. Luckily for Mangiapane, he should be afforded plenty of ice time and opportunity to rediscover his game on a young and upcoming Chicago team.

Andrew Mangiapane
The Oilers have reportedly acquired Dach and forward Jason Dickinson in exchange for forward Andrew Mangiapane and a conditional 2027 first-round draft pick.

A second-round pick in the 2021 NHL Entry Draft, Dach made his NHL debut in 2025, registering five goals and 11 assists across 78 games with the Blackhawks. It's unclear whether Dach will report directly to the Oilers or their AHL affiliate, the Bakersfield Condors.

Colton Dach
The Oilers have reportedly acquired Dickinson and forward Colton Dach in exchange for forward Andrew Mangiapane and a conditional 2027 first-round draft pick.

In Dickinson, the Oilers are gaining an excellent two-way forward who should excel in a shutdown role and finally fill Edmonton's third-line-centre void. A former first-round pick way back in 2013, Dickinson has spent the last four seasons with the Blackhawks, developing into one of the league's more underrated defensive forwards. The Georgetown, Ontario native won't need to worry about obtaining a work visa and could make his Oilers debut as soon as Friday when they host the Hurricanes.

Jason Dickinson
The Avalanche acquired Blankenburg from the Predators on Wednesday in exchange for a 2026 fifth-round draft pick.

Blankenburg is a somewhat underrated, 27-year-old two-way defenceman who's put up career highs in goals (six) and assists (15) in just 49 games this season. He quarterbacked the Predators second power-play unit at times this season, but it's unclear where exactly he will slot in on the pecking order of an Avalanche blue-line that just recently swapped out Samuel Girard for Brett Kulak.

Nick Blankenburg
The Flames reportedly acquired Castagna from the Mammoth along with defenceman Olli Maatta and three 2026 second-round draft picks in exchange for defenceman Mackenzie Weegar.

The 70th overall pick in the 2023 NHL Entry Draft, Castagna is a junior at Cornell University and is in the midst of a breakout campaign. The 6'2" centreman has racked up 14 goals and 18 assists in 29 games, already surpassing his previous NCAA career highs in both categories. We'll have to wait and see if Castagna opts to return to Cornell for his senior year or turn pro ahead of the 2026-27 season.

Jonathan Castagna
The Flames reportedly acquired Maatta from the Mammoth along with forward Jonathan Castagna and three 2026 second-round draft picks in exchange for defenceman Mackenzie Weegar.

After appearing in 70 games for the Mammoth last season, playing time has been hard to come by for Maatta this year. He's played in just 22 games and has zero goals, one assist, and a -5 plus/minus rating to show for it. Luckily for Maatta, there should be plenty of ice time available on a Flames blue-line that's now seen Rasmus Andersson and Mackenzie Weegar depart this season.

Olli Maatta
The Mammoth have reportedly acquired Weegar from the Flames in exchange for defenceman Olli Maatta, forward Jonathan Castagna, and three 2026 second-round draft picks.

After a bit of deliberation, Weegar ultimately decided to wave his no-movement clause and join the Mammoth. A steady two-way defender, Weegar flourished in his first three seasons in Calgary, including a 20-goal campagin back in 2023-24, but the 32-year-old defenceman has struggled at times this season. He's registered just three goals and 18 assists in 60 games while posting a -35 plus/minus rating. A change of scenery might just be what Weegar needs, as he now joins a Utah team that currently holds the Western Conference's first Wild Card spot.

MacKenzie Weegar
Dallas has acquired Tyler Myers (50% retained) from Vancouver for a 2027 2nd round pick, and a 2029 4th round pick.

Vancouver has held Myers out of the lineup for several games as they have anticipated trading the veteran blueliner, which came to fruition on Wednesday in a deal sending him to the Dallas Stars. The Texas-born defenseman averaged 20:13 time-on-ice, recording eight points (1G / 7A), 65 hits, and 91 blocks in 57 games with the Canucks this season.

Tyler Myers
The Wild have acquired Michael McCarron from the Predators in exchange for a 2028 2nd Round Pick.

One day after the Wild claimed Robby Fabbri off of waivers, the reimagining of their bottom-6 continued on Tuesday night when they acquired McCarron from the Nashville Predators. McCarron is a 6-foot-6 centre who was a prominent penalty killer in Nashville, leading all forwards in shorthanded TOI/gm (2:29), which ranks top-15 leagues wide. McCarron is also tied-16th among forwards in hits (165).

Michael McCarron
Edmonton has acquired Connor Murphy (50% retained) from Chicago for a 2028 2nd round pick.

Edmonton, one of the NHL's worst defensive teams (3.38 GA/GP), have acquired Murphy from Chicago to help them shore up their blueline. In 60 games with Chicago this season, the 32-year-old Murphy averaged 16:34 time-on-ice, recording 13 points (4G / 9A), 62 hits, and 87 blocks.

Connor Murphy
Colorado has acquired Brett Kulak and a 2028 2nd round pick from Pittsburgh for Samuel Girard.

Kulak will join his third NHL team this season after spending stints in Edmonton and Pittsburgh. The 32-year-old defenseman has accompanied his team to the Stanley Cup Finals in two straight seasons and will add some stability and experience to Colorado's blueline. He has nine points (1G / 8A) and 77 blocks in 56 combined games this season.

Brett Kulak
Pittsburgh has acquired Samuel Girard from Colorado for Brett Kulak and a 2028 2nd round pick.

Girard is a talented offensive defenseman who was buried on a deep Colorado blueline, but could see a larger role after being traded to Pittsburgh. The 27-year-old defenseman has 235 points (37G / 198A) in 588 career games. He had a career-high 37 points (6G / 31A) in 76 games with Colorado in the 2022-23 season.

Samuel Girard

NHL Trade Tracker

Are you looking for all the latest NHL trade news from around the league? Then you’ve come to the right spot! Daily Faceoff’s NHL trade tracker provides up-to-the-minute updates on the latest personnel moves and trade rumours from all 32 franchises. When your favourite player gets dealt for future considerations, you’ll be the first to know!

Along with our NHL trade tracker, we also provide information on how hockey trades work, the strategy behind these moves, and how the latest NHL trades could impact your sports betting strategy.

It’s important for fans, sports bettors, and fantasy managers to stay informed on the latest NHL transactions. If you can keep tabs on the latest moves in the NHL, this can assist you in making intelligent pickups or trades in fantasy hockey and help shape your bets based on the new personnel added to a team.

NHL Trade Rules

NHL trades can be quite lucrative, with players, prospects, and draft capital moved to complete a deal. While there are a variety of ways to finalize trades, they all need to abide by the trade rules and regulations set by the league. Even the San Jose Sharks can’t take on everyone’s bad contracts.

Learn more about the rules around trades below so you can better understand how trades work, and the transactions made in our NHL trade tracker.

Salary Cap

In order for any NHL trade to be processed successfully, all parties involved must abide by the league’s salary cap rules. The current NHL salary cap is $88M, meaning that each team’s total payroll must fall within the budgetary restriction.

The salary cap in the NHL is considered a “hard cap,” meaning that no team can exceed it. While the limitations around roster construction can be strict, there are still ways for teams to legally exceed the set limit that won’t cost teams a first-round pick.

In the playoffs, teams are technically able to exceed their cap space through the long-term injured reserve (LTIR). The LTIR allows teams to place injured players on extended leave (24+ calendar days or 10 NHL Games) and fill their roster spots based on their cap space heading into the regular season.

If a player is on the LTIR heading into the postseason, they can be activated regardless of if their re-addition to the team puts them over the salary cap.

Roster Limit

For any active NHL roster, they can only dress 23 skaters. While they’re able to move players up and down through their farm system (AHL/ECHL/International Players), they must abide by this player limit when it comes to active players dressed in each game.

This plays a big factor in determining trades, as teams will need to make salaries work to make the move official and fit the current team’s available roster spots.

Depth is an incredibly important part of any successful NHL team, so filling out their roster with talented players is pivotal to their success. Each roster spot holds immense value.

NHL Trade Deadline

The NHL trade deadline is the last opportunity for teams to make moves between each other during the regular season. The trade deadline generally falls after the All-Star break so teams can make their last-ditch efforts before the playoffs begin. Players must be on the team’s roster by the deadline at 3 PM to be eligible for the NHL playoffs.

Technically, teams can still make trades after this point if they don’t qualify or have been eliminated from the postseason. These trades will not take effect until the next season, but the transactions can still go through.

The deadline can make or break a team’s playoff hopes, making it a dramatic and hectic period for hockey fans and managers alike. Be sure to regularly check back with our NHL trade tracker around the deadline so you don’t miss any latest moves from across the league.

Understanding the Strategy Behind NHL Trades

NHL teams may want to make a trade for a number of reasons. Often, teams make trades when they are looking to head in a certain direction, whether this means trying to improve and compete for the Stanley Cup or tank and enter a rebuild.

A team that feels it has a strong enough unit to make a deep run into the postseason will likely forgo some of its draft capital to acquire proven talent and enhance its winning capabilities.

Conversely, a team that has hit a wall in terms of success and doesn’t feel they have what it takes to compete in the playoffs may opt to trade away valuable assets in favour of draft picks or promising prospects.

Other NHL trade strategies may involve team culture/personnel fits. If a player doesn’t fit within a coach’s game plan or doesn’t have chemistry with his line mates, teams may opt to deal him to find a better fit.

For daily fantasy sports players or hockey bettors, understanding the logic behind NHL trades can play a big part in your success. If you have a solid understanding of a team’s needs and the value brought by particular players, you can use this to gain an edge on your roster moves and bets.

Check out the most recent roster moves from around the league with our NHL trade tracker, and be sure to analyze the strategy used by each team when making their next move.

How NHL Trades Impact Sports Betting

NHL trades can have a major impact on sports betting, both in terms of daily games and futures. Players moving from team to team can alter a squad’s potential success and on-ice production.

For example, if a team decides to trade their leading goal-scorer, you can rightfully assume that their overall scoring numbers may drop as a result. This means a team you once would’ve taken the Over on may be better suited for the Under due to their new lineup.

Acquiring an all-star player for futures bets can dramatically influence the betting lines, increasing one team’s value while dropping another. If you’ve already placed a futures bet and the team you wagered on makes a trade, this could possibly increase or lower the value of your original ticket, depending on the result of the roster change.
Daily fantasy hockey players can also be impacted by NHL trades as you will need to see how a player fits into their new setting before including them in your drafted lineup.
Be sure to watch for any of the latest transactions by using our NHL trade tracker to stay informed on all the roster changes occurring throughout the league.

NHL Trades FAQs

Who decides NHL trades?

NHL trades are decided between two or more team general managers. The front office’s job is building a winning team. Building a winning team means discussing trades with other general managers across the league.

When can players be traded in the NHL?

During the NHL regular season, players can be traded up until the trade deadline. The deadline is the official cutoff point for when teams can no longer make moves between each other. Players can also be traded throughout the offseason.

Why do they trade players in hockey?

Teams trade players in hockey for a variety of reasons, but generally, it is done to find success, whether that is in the short term or long term. Teams may trade their top players in search of draft picks if they are undergoing a rebuild, whereas contending teams may look to acquire talent to boost their playoff chances.

How often are NHL players traded?

Trades are a common occurrence throughout the NHL and happen often. Some years feature less trades than others, it all depends on each teams needs and the availability of attractive talent.