Ottawa has acquired Kurtis MacDermid from New Jersey for Zack MacEwen.
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NHL Trades
Edmonton has acquired Connor Ingram from Utah for future considerations (will retain $800K of Ingram's $1.95M AAV).
After clearing waivers a week ago, Connor Ingram has been acquired by the Edmonton Oilers for future considerations, with Utah retaining $800K of Ingram's $1.95M AAV. The 28-year-old is just one season removed from appearing in 50 games with Arizona in 2023-24 after struggling with his 9-8-4 record, 3.27 GAA and .882 SV% last season. Ingram was assigned to Bakersfield (AHL) after the trade but is expected to return to Edmonton at some point this season.
Columbus has acquired Ivan Fedotov from Philadelphia for a 2026 6th round pick.
After two forgettable seasons in Philadelphia, Ivan Fedotov will head to Columbus to occupy their third goaltender role after the Blue Jackets traded a 2026 6th-round pick for the goalie on Sunday. The 28-year-old towering netminder (6'7") struggled in his second season in Philadelphia, posting an ugly 3.15 GAA, .880 SV% alongside his 6-13-4 record.
San Jose has acquired the rights to Carey Price and a 2026 5th-round draft pick for Gannon Laroque.
Price and his $10.5 million contract have been acquired by the San Jose Sharks on Friday, alongside a 2026 5th-round pick for defenseman Gannon Laroque. This move is nothing more than a salary dump for Montreal and allows San Jose to stay even more above the cap floor than they already were, in case of trades down the line. Price played his last NHL game on April 29th, 2022 and is not expected to ever return from a significant knee injury.
Montreal has acquired Gannon Laroque from San Jose for the rights to Carey Price and a 2026 5th round pick.
Montreal shed Carey Price's $10.5 million contract alongside a 2026 5th round pick and acquired a 22-year-old Gannon Laroque from San Jose. Laroque was San Jose's 2021 4th-round pick (103rd overall) and spent his first pro season injured, playing only 18 total games between San Jose (AHL) and Wichita (ECHL) last season. He is expected to report to Laval for the 2025-26 campaign.
The Avalanche acquired Danil Gushchin from the Sharks for Oskar Olausson.
Gushchin, 23, was a third-round pick (No.76 overall) in 2020 and has appeared in 18 NHL games since, scoring two goals with three assists (five points). He spent most of the 2024-25 season in the AHL, where he was second on the San Jose Barracuda in goals (28) and third in points (51) in 56 games. He'll likely make a push for an NHL roster spot in training camp.
The Sharks acquired Oskar Olausson from the Avalanche for Danil Gushchin.
Olausson, 22, was a first round pick (No.28 overall) in 2021 and has appeared in just four NHL games since then. In 2024-25, he spent most of the season in AHL, where he had 11 goals and 15 assists (26 points) in 61 games. He'll likely see some NHL action at some point during the 2025-26 season, but will likely start the year back in the AHL.
Toronto has acquired Dakota Joshua from Vancouver for a 2028 4th Round Pick.
Toronto continued to add to their forward depth on Thursday after the team announced they have traded a 2028 4th-round pick to Vancouver for left-winger, Dakota Joshua. The 28-year-old is in the 2nd year of a four-year, $13 million contract ($3.25M AAV) and should slide in nicely on Toronto's third line with his physical play style. Vancouver will be happy to shed the cap space after Joshua put up a disappointing seven goals and 14 points in 57 games played last season, while Toronto will be hoping he can return to his 2023-24 form (18G/32Pts) with a full, healthy training camp.
The Canucks acquired Chase Stillman and a 2027 fourth-round pick from the Pittsburgh Penguins in exchange for Arturs Silovs.
Stillman was the 29th overall pick of the New Jersey Devils in the 2021 NHL Entry Draft. The 22-year-old forward has yet to play an NHL game and has already joined his third organization. He had three points (1G / 2A) in 19 games with the Wilkes-Barre/Scranton Penguins (AHL) last season.
The Penguins acquired Arturs Silovs in a trade from the Vancouver Canucks in exchange for Chase Stillman and a 2027 fourth-round pick.
Silovs is a talented goalie who has battled inconsistencies and was buried on Vancouver's depth chart behind Thatcher Demko and Kevin Lankinen. He is coming off a terrific Calder Cup-winning postseason with the Abbotsford Canucks (AHL), posting a stellar 2.01 GAA and .931 SV% in 24 appearances (16-7). With the recent departure of Alex Nedeljkovic, Silovs could have an opportunity for a heavier workload at the NHL level this season.
San Jose has acquired Ryan Reaves from Toronto for Henry Thrun.
San Jose acquired some grit and toughness late Thursday night when they announced they had traded 24-year-old defenseman Henry Thrun to Toronto for forward Ryan Reaves. Reaves is a 38-year-old enforcer entering his 16th NHL season and should find a spot in San Jose's bottom-six. He struggled to stick with Toronto last season, collecting just two assists and 28 PIMs in 35 games played.
Toronto has acquired Henry Thrun from San Jose for Ryan Reaves.
Toronto added to its defensive depth late Thursday night after they acquired Henry Thrun from San Jose for 38-year-old enforcer Ryan Reaves. Thrun is a 24-year-old mobile defenseman entering his third full NHL season. He put up two goals and 12 points despite an ugly -23 plus/minus across 60 games with the Sharks in 2024-25. He will battle for one of Toronto's final defensive spots to start the season.
Dallas has acquired Vladislav Kolyachonok from Pittsburgh for Matt Dumba and a 2028 2nd Round Pick.
Dallas managed to move some much-needed salary on Thursday after trading Matt Dumba ($3.75M cap hit) and a 2028 2nd Round Pick to Pittsburgh for Vladislav Kolyachonok. Kolyachonok is a 24-year-old defenseman entering his fifth NHL campaign, having recorded two goals and seven points in 35 games played between Utah and Pittsburgh last season.
Pittsburgh has acquired Matt Dumba and a 2028 2nd Round Pick from Dallas for Vladislav Kolyachonok.
Pittsburgh took advantage of Dallas' need to shed salary on Thursday by acquiring Matthew Dumba and a 2028 2nd Round Pick from Dallas for Vladislav Kolyachonok. Dumba has been on the move often lately, joining his fifth team in the last four seasons, entering his 13th NHL season. In 63 games with Dallas in 2024-25, he had a goal, 10 points and 60 PIMs.
Edmonton has acquired Isaac Howard from Tampa Bay for Sam O'Reilly.
Minutes after being acquired by Edmonton in a trade with Tampa Bay for Sam O'Reilly, Isaac Howard has signed a three-year, entry-level contract with the Oilers. The 21-year-old forward was the 2025 Hobey Baker Award winner after putting up 26 goals and 52 points in 37 games with Michigan State University (NCAA). He is expected to be in Edmonton's opening night lineup.
Tampa Bay has acquired Sam O'Reilly from Edmonton for the rights to Isaac Howard.
With Tampa Bay expected not to sign Isaac Howard, they have traded his rights to Edmonton for Sam O'Reilly on Tuesday night. O'Reilly is a 19-year-old center who was drafted by Edmonton at the end of the 1st round (32nd overall) in the 2024 Draft. He put up 28 goals and 71 points in 62 games with London in his third OHL season and is expected to return for the Knights for the upcoming 2025-26 season.
New Jersey has acquired Thomas Bordeleau from San Jose for Shane Bowers.
In a trade that swaps two high-end draft picks that have been unable to establish themselves at the NHL level, Bordeleau heads to New Jersey for a change of scenery. The 23-year-old Bordeleau played 59 games with the San Jose Barracuda (AHL) last season, scoring 38 points (14G / 24A).
San Jose has acquired Shane Bowers from New Jersey for Thomas Bordeleau.
Bowers was a first-round pick of the Ottawa Senators in the 2017 NHL Entry Draft but the 25-year-old has not been able to establish himself at the NHL level, limited to only 13 career games. He had 17 points (3G / 14A) in 65 games with the Utica Comets (AHL) last season.
The Rangers have acquired Scott Morrow, a conditional 2026 1st Round Pick, and a 2026 2nd Round Pick from the Hurricanes for K'Andre Miller.
The 22-year-old Morrow has not yet established himself as a full-time NHL player but has high expectations after brief stints with the Carolina Hurricanes. He had six points (1G / 5A) in 14 games with the Hurricanes last season. He could be poised to take a more regular role with the Rangers in the 2025-26 season.
The Hurricanes have acquired K'Andre Miller from the Rangers for Scott Morrow, a conditional 2026 1st Round Pick, and a 2026 2nd Round Pick.
Miller has been rumoured in trades since last season, finally materializing in a deal sending him to the Carolina Hurricanes in exchange for Scott Morrow, a first-round pick, and a second-round pick. The 25-year-old Miller will likely step into a larger role on Carolina's blueline after the expected departure of Brent Burns. He spent his first five seasons with the New York Rangers, recording 132 points (36G / 96A), 504 blocks, and 661 hits in 368 career games.
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.