The Golden Knights have acquired Alexander Holtz and Akira Schmid from the Devils for Paul Cotter and a 2025 3rd Round Pick.
NHL Trades
The Golden Knights have acquired Akira Schmid and Alexander Holtz from the Devils for Paul Cotter and a 2025 3rd Round Pick.
The Wild have acquired Jakub Lauko and a 2024 4th Round Pick from the Bruins for Vinnie Lettieri and a 2024 4th Round Pick.
The Bruins have acquired Vinnie Lettieri and a 2024 4th Round Pick from the Wild for Jakub Lauko and a 2024 4th Round Pick.
The Penguins have acquired Kevin Hayes and a 2025 2nd Round Pick from the Blues for future considerations.
The Capitals have acquired Logan Thompson from the Golden Knights for a 2024 3rd Round Pick and a 2025 3rd Round Pick.
Just days after moving on from Darcy Kuemper, the Washington Capitals have completed their impressive goaltending tandem by adding Logan Thompson from Vegas for a 2024 3rd Round Pick and a 2025 3rd Round Pick. The 27-year-old spent three full seasons with Vegas and went 25-14-5 in 2023-24 with a 2.70 GAA, .908 SV% and 1 shutout while mostly backing up Adin Hill.
The Kings have acquired Tanner Jeannot from the Lightning for a 2024 4th Round Pick and a 2025 2nd Round Pick.
Jeannot's tenure in Tampa Bay is over after one and a half seasons after he was dealt to Los Angeles for a 2024 4th Round Pick and a 2025 2nd Round Pick on Saturday. The 27-year-old scrappy winger will join his third NHL team after putting up seven goals, 14 points, 75 PIMs and a -10 plus/minus in 55 games with Tampa Bay in 2023-24.
Utah has acquired John Marino and a 2024 5th Round Pick from New Jersey for a 2024 2nd Round Pick and a 2025 2nd Round Pick.
Utah acquired its second big defensive piece of the day Saturday by grabbing John Marino and a 2024 5th Round Pick from New Jersey for a 2024 2nd Round Pick and a 2025 2nd Round Pick. The 27-year-old Marino completed his fifth NHL season in 2023-24 and had four goals, 25 points, 41 PIMs and 57 SOG in 75 games played.
Tampa Bay has acquired Conor Geekie, JJ Moser, a 2024 2nd Round Pick and a 2024 7th Round Pick from Utah for Mikhail Sergachev.
Geekie was dealt from Utah before ever playing a game for the franchise as he was moved alongside JJ Moser, a 2024 2nd Round Pick and a 2024 7th Round Pick to Tampa Bay for Mikhail Sergachev. Geekie was drafted in the 1st round (11th overall) of the 2022 draft by Arizona and had 43 goals and 99 points in 55 regular season games with both Swift Current (WHL) and Wenatchee (WHL) in 2023-24. He is expected to compete for a roster spot in Tampa Bay for the upcoming season.
Tampa Bay has acquired JJ Moser, Conor Geekie, a 2024 2nd Round Pick and a 2024 7th Round Pick from Utah for Mikhail Sergachev.
Moser will head to Tampa Bay after being included alongside Conor Geekie, a 2024 2nd Round Pick and a 2024 7th Round Pick from Utah for Mikhail Sergachev. The 24-year-old swiss defender enjoyed a strong third NHL season in 2023-24, with five goals, 26 points, 77 SOG, and 35 PIMs in 80 games played.
Utah has acquired Mikhail Sergachev from Tampa Bay for JJ Moser, Conor Geekie, a 2024 2nd Round Pick and a 2024 7th Round Pick.
Utah surprised the hockey world on Saturday morning as it acquired highly coveted defenseman Mikhail Sergachev from Tampa Bay for JJ Moser, Conor Geekie, a 2024 2nd Round Pick and a 2024 7th Round Pick. The 26-year-old defenseman will join his third NHL team in his eight-year career and had two goals and 19 points in 34 games in 2023-24. He is one season removed from a 10-goal, 64-point campaign in 2022-23.
The Sabres have acquired Beck Malenstyn from the Capitals for the No.43 overall pick in the 2024 NHL Draft.
Buffalo made the first splash of Saturday as they acquired left-winger Beck Malenstyn from Washington for the 43rd overall draft pick. The 26-year-old appeared in 81 games with Washington in 2023-24 and had six goals, 21 points, 98 SOG and 25 PIMs.
The Blues have acquired Alexandre Texier from the Blue Jackets for a 2025 4th Round Pick.
St. Louis completed a sign-and-trade on Friday as they acquired Alexandre Texier from Columbus for a 2025 4th-round pick and signed him to a two-year, $4.2 million contract extension ($2,1M AAV). The 24-year-old French winger had career highs in almost all statistical categories in 2023-24, with 12 goals, 30 points, 109 SOG, and 38 PIMs in 78 games played with the Blue Jackets.
The Capitals have acquired Andrew Mangiapane from the Flames for a 2025 second-round pick.
Mangiapane had a breakout campaign in 2022, scoring 35 goals with 55 points, earning him a three-year contract with a $5.8M AAV cap-hit. He failed to find that same success in 2023 and 2024, combining for less goals (31) and 52 assists (83 points) in 157 games. Entering the final year of that deal, the Capitals are banking on another big contract year season from the 28-year-old winger.
The Kings have acquired Kyle Burroughs from the Sharks for Carl Grundstrom.
Burroughs went from a sixth/seventh defenseman with the Canucks in 2023 to a top-4 option with the Sharks. He averaged 19:09 TOI/gm and picked up eight points (2G / 6A) while finishing with the fifth-worst plus/minus (-42) in the NHL. With the Kings, he'll likely go back to being a sixth/seventh defenseman.
The Sharks have acquired Carl Grundstrom from the Kings for Kyle Burroughs.
Grundstrom appeared in 50 games during the 2023-24 season, scoring eight goals with four assists (12 points). Grundstrom has always been a fringe roster player for the Kings but should earn a more permanent role with the Sharks. His last three seasons have been very similar, he's averaged 54 games, 10 goals and six assists (16 points).
Chicago has acquired Ilya Mikheyev (15% retained), Sam Lafferty’s rights, and a 2027 2nd round pick from Vancouver for a 2027 4th round pick.
Mikheyev is heading into the third-year of a four-year deal that carries a $4.75M AAV cap-hit. As a part of the trade, the Canucks are retaining 15% of that remaining term. The 29-year-old winger is coming off of one of the most productions seasons of his career, he had 31 points (11G / 20A) while appearing in a career-high 78 games. He should fit into the Blackhawks' middle-6 in 2025.
Chicago has acquired Sam Lafferty’s rights from Vancouver alongside Ilya Mikheyev (15% retained) and a 2027 2nd round pick for a 2027 4th round pick.
Lafferty just finished a two-year deal, which he originally signed with the Blackhawks before being traded to Toronto and then to Vancouver. He is a pending UFA, so the Blackhawks have a small window to try and get him under contract before he hits the open market. The 29-year-old centre had career-highs in goals (13) and points (24) during the 2023-24 season.
San Jose has acquired Jake Walman and Tampa Bay's 2024 2nd-round pick from Detroit for future considerations.
Walman carries a $3.4 million cap hit for the next two seasons and was traded alongside Tampa Bay's 2024 2nd-round pick from Detroit in what appears to be a cap dump situation. The 28-year-old set the hockey world ablaze with his "Gritty" celebration and had a solid 2023-24 season despite the trade, with 12 goals, 21 points, 108 SOG, 44 PIMs and a -2 plus/minus in 63 games played.
Nashville has acquired Andrew Gibson for Jesse Kiiskinen and a 2024 2nd-round pick.
Gibson was the Red Wings' 2023 2nd-round pick (42nd overall) but has been traded to Nashville for Jesse Kiiskinen and a 2024 2nd-round pick. The 19-year-old defenseman has spent the last three seasons with the Soo Greyhounds (OHL) and had 12 goals and 44 points in 68 games in 2023-24.
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.