The Blackhawks have acquired Andre Burakovsky from the Kraken for Joe Veleno.
Daily Faceoff is a news site with no direct affiliation to the NHL, or NHLPA
NHL Trades
The Kraken have acquired Mason Marchment from the Stars for a 2026 3rd Round Pick and a 2025 4th Round Pick.
Marchment will be in the final year of a four-year deal that carries a $4.5M AAV cap-hit. The Stars are pressed up against the salary cap, so Marchment is their first move to clear some space. The 30-year-old winger was on pace for a career-best season in 2024-25, but missed 20 games due to injury. He finished the year with 47 points (22G / 25A) in 62 games, a 29-goal, 33-assist pace.
The Devils have acquired Jeremy Hanzel and a 2025 4th-round pick from the Predators for Erik Haula.
Hanzel was a sixth-round pick of the Avalanche in 2023 and was traded to Nashville in March of 2024 as part of the deal that sent Yakov Trenin to Colorado. The 22-year-old defenseman had 22 points (3G / 19A) in 61 ECHL games during the 2024-25 season.
The Predators have acquired Erik Haula from the Devils for Jeremy Hanzel and a 2025 4th-round pick.
After three seasons with the Devils, Haula has been traded to Nashville, where he played during the 2021 season. Haula has one more year left on a three-year deal that carries a $3.15M AAV cap-hit. The 34-year-old forward had 11 goals and 10 assists (21 points) in 69 games last season.
Boston has acquired the rights to Victor Soderstrom from Chicago for Ryan Mast and a 7th-round pick.
Soderstrom spent 2024-25 playing professional hockey for Brynas IF (SHL) but has had his rights traded from Chicago to Boston for Ryan Mast and a 7th-round pick. The 24-year-old Swedish defenseman was Arizona's 1st-round pick in 2019 (11th overall) and has 11 points in 53 career NHL games played.
Chicago has acquired Ryan Mast and a 2025 7th-round pick from Boston for the rights to Victor Soderstrom.
Mast was a sixth-round pick in 2021 who spent 2024 in the ECHL and 2025 in the AHL, where he had just five assists in 37 games. Mast is expected to begin the 2025-26 season with Rockford (AHL).
The Rangers have acquired Carey Terrance and a 3rd Round Pick from the Ducks for Chris Kreider and a 4th Round Pick.
The Ducks have acquired Chris Kreider and a 4th Round Pick from the Rangers for Carey Terrance and a 3rd Round Pick.
The Maple Leafs acquired Johnson from the Wild on Friday in exchange for Future Considerations.
The Bruins acquired Fraser Minten, a 2026 1st Round Pick and a 2025 4th Round Pick from the Maple Leafs for Brandon Carlo.
The Maple Leafs acquired Brandon Carlo from the Bruins for Fraser Minten, a 2026 1st Round Pick and a 2025 4th Round Pick.
The Penguins acquired Conor Timmins and Connor Dewar from the Maple Leafs for a 2025 5th Round Pick.
The Penguins acquired Connor Dewar and Conor Timmins from the Maple Leafs for a 2025 5th Round Pick.
The Panthers acquired Brad Marchand from the Bruins for a conditional 2027 2nd Round Pick.
The Devils have acquired Marc McLaughlin from the Bruins for Daniil Misyul.
McLaughlin is an undrafted 25-year-old forward with 25 games of NHL experience, including a career-high 12 contests with Boston this season. He has spent most of the 2024-25 campaign in the AHL, tallying 14 points (5G / 9A) in 34 contests with the Providence Bruins (AHL).
The Bruins have acquired Daniil Misyul from the Devils for Marc McLaughlin.
Misyul was a third-round pick, 70th overall, of the New Jersey Devils in the 2019 NHL Entry Draft. The 24-year-old defenseman made his NHL debut earlier this season, playing one game with the Devils. He has spent most of the 2024-25 campaign in the AHL, tallying eight points (0G / 8A) in 47 games with the Utica Comets (AHL).
The Bruins have acquired Henri Jokiharju from the Sabres for a 2026 4th Round Pick.
Jokiharju was the 29th overall pick of the Chicago Blackhawks in the 2017 NHL Entry Draft and has played 389 career games. The 25-year-old defenseman averaged 16:18 time-on-ice and had six points (3G / 3A) in 42 games with the Buffalo Sabres this season.
The Devils acquired Daniel Sprong from the Kraken for a 2026 7th Round Pick.
Sprong joins his third NHL team in the 2024-25 season after spending parts of the season with the Vancouver Canucks and Seattle Kraken. The 27-year-old forward has spent most of the 2024-25 campaign in the AHL, scoring 25 points (11G / 14A) in 19 games with the Coachella Valley Firebirds (AHL).
The Hurricanes have acquired Mark Jankowski from the Predators for a 2025 5th Round Pick.
Jankowski was the 21st overall pick of the Calgary Flames in the 2012 NHL Entry Draft and has played 395 career games. The 30-year-old forward has been back-and-forth between the AHL the last few seasons but has spent the entirety of the 2024-25 campaign in the NHL. He had nine points (4G / 5A) in 40 games with the Predators this season.
The Penguins have acquired Max Graham, Chase Stillman, and a 2027 3rd Round Pick from the Devils for Cody Glass and Jonathan Gruden.
Graham was a fifth-round pick, 139th overall, of the New Jersey Devils in the 2024 NHL Entry Draft. The 20-year-old forward has spent the last five seasons in the WHL, including scoring 35 points (13G / 22A) in 34 games with the Kelowna Rockets in 2024-25.
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.