NHL Hockey Player News

The Sharks acquired Mike Hoffman in a three-way trade with the Penguins and Canadiens.

Hoffman was acquired by San Jose in a three-way trade involving Pittsburgh and Montreal which saw Erik Karlsson head to the Penguins. The 33-year-old left-winger joins San Jose after scoring 14 goals, 20 assists, 148 SOG, 28 PIMs and a -10 plus/minus through 67 games with Montreal in 2022-23. He has 218 goals and 464 points across 679 career NHL games played.

Mike Hoffman
The Sharks acquired Mikael Granlund in a three-way trade with the Penguins and Canadiens.

Granlund has been acquired by San Jose as part of a three-way trade which involved Montreal and superstar Erik Karlsson heading to Pittsburgh. The 31-year-old centre is coming off a 10 goals, 31 assist, 111 SOG, and -16 plus/minus season in 2022-23 with both Nashville and Pittsburgh and will be joining his fourth NHL team in San Jose. He has 145 goals, 484 points and 1,400 SOG through 750 career NHL games.

Mikael Granlund
The Canadiens acquired Nathan Legare in a three-way trade with the Penguins and Sharks.

Legare was acquire by Montreal as part of a three-team trade including San Jose and which saw three-time Norris Trophy winner Erik Karlsson head to Pittsburgh. The 22-year-old right-winger was Pittsburgh's 2019 third-round pick (74th overall) and has yet to see any NHL action through his first two seasons in the AHL. In 2022-23 he had eight goals, 19 points, 76 PIMs and a -17 plus/minus through 68 games with Wilkes-Barre/Scranton (AHL).

Nathan Legare
The Canadiens acquired Casey DeSmith in a three-way trade with the Penguins and Sharks.

DeSmith was acquired by Montreal as part of a three-team deal with Pittsburgh and San Jose that include Erik Karlsson going to the Sharks. The 31-year-old goaltender will join only his second team after five season in PIttsburgh and has a career 58-44-15 record with a .912 SV% and a 2.81 GAA. He was 15-16-4 with a .905 SV% and a 3.17 GAA in 33 starts in 2022-23 with Pittsburgh.

Casey DeSmith
The Canadiens acquired Jeff Petry in a three-way trade with the Penguins and Sharks.

Petry surprisingly returns to Montreal after just one season after being included as part of a three-way trade which saw Erik Karlsson head to Pittsburgh and three players and a 1st-round pick head to San Jose. The 35-year-old defensemen left Montreal for Pittsburgh after eight seasons and had five goals, 26 assists, 113 SOG, 24 PIMs and a +2 plus/minus in 61 games in 2022-23.

Jeff Petry
The Penguins acquired Rem Pitlick in a three-way trade with the Sharks and Canadiens.

Pitlick was acquired by Pittsburgh as part of a three-way trade involving San Jose and Montreal that included Erik Karlsson after having six goals, nine assists, 30 SOG, 22 PIMs and a -15 plus/minus through 46 games with Montreal in 2022-23. The 26-year-old joins the Penguins after five NHL seasons with two teams (MTL, NSH) and has 21 goals and 54 points across 123 career NHL games.

Rem Pitlick
The Penguins acquired Dillon Hamaliuk in a three-way trade with the Sharks and Canadiens.

Hamaliuk was acquired by Pittsburgh as part of the three-way trade involving San Jose and Montreal that saw superstar Erik Karlsson also land with the Penguins. The 22-year-old left-winger was San Jose's 2019 second-round pick (55th overall) and has yet to make his NHL debut. In 2022-23 he had three goals, nine points and 37 PIMs across 44 games with San Jose (AHL) in his first professional season.

Dillon Hamaliuk
The Penguins acquired Erik Karlsson in a three-way trade with the Sharks and Canadiens.

Karlsson was acquired by Pittsburgh as part of a massive blockbuster trade with involves both San Jose and Montreal. The 33-year-old defensemen is fresh off of winning the 2022-23 Norris Trophy after a season which saw him surpass 100+ points for the first time in his career with 25 goals, 76 assists, 209 SOG, 36 PIMs and a -26 plus/minus through 82 games with San Jose last season. The addition of the superstar brings 178 goals and 761 points in 920 games alongside three Norris Trophies to the Penguins' blue line.

Erik Karlsson
The Senators acquired Donovan Sebrango, Dominik Kubalik, a conditional 2024 1st round pick, and a 2024 4th round pick from the Red Wings for Alex DeBrincat.

Sebrango was a third-round pick in the 2020 NHL Entry Draft and split the 2023 season between Grand Rapids (AHL) and Toledo (ECHL). The 21-year-old was fairly deep on the Red Wings' defensive prospect depth chart, so it's not a huge loss for an organization that has invested a lot of draft capital in defensemen in recent years. During his time in the AHL, Sebrango had five goals and 13 assists (18 points) in 135 games over the last three seasons.

Donovan Sebrango
The Senators acquired Dominik Kubalik, Donovan Sebrango, a conditional 2024 1st round pick, and a 2024 4th round pick from the Red Wings for Alex DeBrincat.

The Senators get an NHL-ready winger to help replace the loss of DeBrincat. Kubalik had a nice 202-23 season, scoring 20 goals with 25 assists (45 points) in 81 games for the Red Wings. However, Kubalik struggled with consistency. He posted 25 points (10G / 15A) in his first 25 games of the season but finished with just 20 points (10G / 10A) in his final 56 games. For now, Kubalik looks like a potential top-6 fit for the Senators but may best as a third-liner with Shane Pinto.

Dominik Kubalik
The Red Wings acquired Alex DeBrincat from the Senators for a conditional 2024 1st round pick, a 2024 4th round pick, Dominik Kubalik and Donovan Sebrango.

DeBrincat was an RFA that had made it known that he was not interested in re-signing with the Senators. After one season, where he scored 27 goals with 39 assists (66 points) in 82 games, DeBrincat was traded to his hometown team, where he immediately becomes their best goal-scorer and a crucial part of the Red Wings' rebuild. DeBrincat is a two-time 40-goal scorer and has averaged 38 goals and 38 assists (76 points) per 82-games over the last three seasons.

Alex DeBrincat
The Capitals have acquired Joel Edmundson from the Canadiens for a third-round pick and a seventh-round pick.

Edmundson has one year left on a contract that carries a $3.5M cap hit. Edmundson will solidify the Capitals' third pair and could be a candidate to skate with John Carlson. Edmundson had 13 points (2G / 11A), 112 hits and 149 blocked shots in 61 games with Montreal last season.

Joel Edmundson
The Blackhawks have acquired Corey Perry from the Lightning for a 2024 seventh-round pick.

Chicago continues to acquire veteran leadership to help them through this transition period. Perry spent the last two seasons in Tampa, where he had 31 goals and 34 assists (65 points) in 163 games. Perry is a pending UFA, so the Blackhawks must get him under contract before Saturday.

Corey Perry
The Red Wings have acquired Klim Kostin and Kailer Yamamoto from the Oilers for future considerations.

Kostin is an RFA, who was traded to the Oilers last October for Dmitri Samorukov. The 2017 No.31 overall pick, had 11 goals and 10 assists (21 points) in 57 games last season. Kostin is a big body (6-3, 215 lbs) who is not afraid to throw his weight around, averaging 2.8 hits per game in 2022-23.

Klim Kostin

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.