Notable NHL Trades – March 1, 2023
The NHL Trade Deadline is March 3 at 3 pm ET but several NHL clubs aren’t waiting until Friday to make significant moves. Here’s a roundup of today’s notable deals.
The Ottawa Senators trade a conditional first-round pick in 2023, a conditional second-round pick in 2024 and a 2026 second-round pick to the Arizona Coyotes in exchange for defenseman Jakob Chychrun.
SPECTOR’S NOTE: A fixture in the NHL rumor mill stretching back to last season, Chychrun is finally on the move. The Senators were frequently linked to the 24-year-old blueliner but recent reports out of Ottawa claimed they were put off by the Coyotes’ rumored high asking price of two first-round picks and a high-end prospect.
Coyotes general manager Bill Armstrong appears to have been a little more flexible with his asking price. As per Cap Friendly, the 2023 first-rounder is top-five protected. If the condition is met, it becomes a 2024 unprotected first-round pick.
The second-rounder in 2024 is the one the Senators received from the Washington Capitals last July in the Connor Brown trade. It becomes a first-round selection (top-10 protected) if the Senators reach the 2023 Eastern Conference Finals. If the pick is in the top 10, the Coyotes will receive the Senators’ 2025 first-round pick (unprotected).
A skilled puck-moving blueliner who can play big minutes, Chychrun is signed through 2024-25 with an average annual value of $4.6 million. He will provide a significant boost to the Senators’ defense corps. Chychrun usually plays left defense but Thomas Chabot and Jake Sanderson skate in those roles among their top four. He will likely start on the right side on their top pairing.
SPECTOR’S NOTE: Gostisbehere will provide an additional measure of experienced offensive depth on the blueline for the Hurricanes. He tallied 51 points in 82 games last season with the offensively anemic Coyotes and has 31 points in 52 games this season.
Another defenseman changing teams is Filip Hronek as he’s shipped by the Detroit Red Wings along with a 2023 fourth-round pick to the Vancouver Canucks in exchange for a conditional first-round pick in 2023 and a second-round pick in 2023.
SPECTOR’S NOTE: Red Wings general manager Steve Yzerman has become a seller after his club’s current three-game losing skid stalled their efforts to move into a wild-card berth in the Eastern Conference. The conditional first is the pick the Canucks received from the New York Islanders in the Bo Horvat trade. If that pick ends up in the top-12 it becomes an unprotected 2024 first-rounder.
The Canucks paid a lot for Hronek but they’ve been in dire need of a top-four right-side defenseman for some time. The 25-year-old Czech rearguard is enjoying his best season to date, having already matched last season’s career-high points total. Hronek’s offensive abilities will help to take some pressure off Quinn Hughes on Vancouver’s blueline.
The Washington Capitals made their fourth trade in less than a week by dealing center Lars Eller to the Colorado Avalanche in exchange for a second-round pick in 2025. The Capitals also retained $1.085 million of Eller’s $3.5 million cap hit.
SPECTOR’S NOTE: Eller, 33, is slated to become an unrestricted free agent this summer. With the Capitals retooling their roster for next season, he no longer had a future in Washington.
The Avalanche were in the market for a second-line center this season. However, they appear comfortable with J.T. Compher in that role. Eller will instead slot into the third or fourth-line center position for the Avs. His two-way skills and Stanley Cup experience should make him a worthwhile addition as the Avalanche prepare to defend their Cup title.