NHL Rumor Mill – November 20, 2025
Check out the latest on the Rangers’ Artemi Panarin, the Flames’ Rasmus Andersson, the Blues’ Brayden Schenn, the Ducks’ Pavel Mintyukov, and more in today’s NHL Rumor Mill.
THE LATEST ON ARTEMI PANARIN AND RASMUS ANDERSSON
SPORTSNET: New York Rangers winger Artemi Panarin and Calgary Flames defenseman Rasmus Andersson top Luke Fox’s list of next summer’s top unrestricted free agents.
Panarin, 34, is in the final season of a seven-year contract with an annual cap hit of $11.6 million.

New York Rangers winger Artemi Panarin (NHL Images).
Fox indicated that Panarin wasn’t willing to accept a pay cut to remain with the Rangers despite his age (34) and declining production. Meanwhile, the Blueshirts aren’t interested in maintaining the status quo with his paychecks into his late thirties.
Fox believes the Rangers could hang onto Panarin for the rest of this season if they’re holding a playoff berth by the March 6 trade deadline. If not, they could ask him to waive his no-movement clause to join a playoff contender.
According to Fox’s colleague, Nick Kypreos, the Carolina Hurricanes and Minnesota Wild may be interested in acquiring Panarin.
SPECTOR’S NOTE: The Hurricanes might be interested in Panarin as a rental, given they’re in “win-now” mode. They acquired Mikko Rantanen last season, only to trade him weeks later when he wouldn’t sign an extension. They also attempted to acquire Mitch Marner before last year’s trade deadline.
However, their actions with Rantanen suggest they’d prefer adding a star in his prime who can be part of their lineup beyond this season. Panarin might not fit that profile.
Panarin could skate on the Wild’s second line at left wing, but they could prefer bolstering their depth at center. They could also favor a player who’d be more than a rental.
Andersson is a “talented, minute-munching, edgy right-shot defenseman with leadership skills.” That’s why his value in the trade market is high, and could be even higher if he’s willing to sign a contract extension.
Fox believes that “all signs point to the Vegas Golden Knights” as a trade destination, but he acknowledged they have limited cap space.
SPECTOR’S NOTE: The Golden Knights could find a way to make the cap dollars fit, but the real issue is their limited trade assets. They lack a first-round pick in the 2026 draft, and The Athletic ranked their prospect pool among the shallowest in the league, sitting 30th overall. Other clubs could outbid the Golden Knights for Andersson’s services.
TIDBITS FROM THE LATEST “32 THOUGHTS” COLUMN
SPORTSNET: Elliotte Friedman took note of the trade rumors starting to swirl about the St. Louis Blues. Regarding captain Brayden Schenn, he reports that teams that have spoken to the Blues over the past two years claim the price is very high for the 34-year-old center.
SPECTOR’S NOTE: Schenn is signed through 2027-28 with a 15-team no-trade list. If he becomes available, it’ll likely be during the lead-up to the March 6 trade deadline.
Speaking of the Blues, Friedman said there are rumors that Alexandre Texier is considering terminating his contract. The 26-year-old winger is in the second year of a two-year contract with a cap hit of $2.1 million, but has only appeared in one game since Oct. 28. Friedman wondered if he’d be a fit with the Montreal Canadiens.
SPECTOR’S NOTE: The Canadiens seek depth at center, but their recent injuries reportedly make them open to adding a winger. Whether Texier would interest them remains to be seen.
Friedman claimed that Anaheim Ducks defenseman Pavel Mintyukov would like to be traded if he’s not going to play. The 21-year-old blueliner was a healthy scratch for their last two games. He was the 10th overall pick in the 2022 NHL Draft, so Ducks general manager Pat Verbeek won’t be rushed into anything.
SPECTOR’S NOTE: Friedman considers this situation something worth monitoring. Mintyukov projects to be a talented puck-moving defenseman, so he’s bound to draw interest if he becomes available. The Ducks could seek a good young player in return.
FEW SELLERS IN THE TRADE MARKET THUS FAR
RG.ORG: Marco D’Amico indicates the tightly packed standings leave few true sellers in the trade market. Clubs seeking help, especially those looking for centers, would be forced to overpay.
The Calgary Flames are mired at the bottom of the standings. They have several players, such as Andersson and forwards Nazem Kadri and Blake Coleman, who have drawn interest in the trade market. However, they’re facing no urgency to move those players unless they get a significant offer.
Meanwhile, the St. Louis Blues and Nashville Predators are listening to offers. No-trade clauses are an issue for the Predators, and the Blues prefer making “hockey trades” rather than selling off talent for draft picks and prospects.
SPECTOR’S NOTE: D’Amico also considered the San Jose Sharks as a wild card, but they might not be sellers if they’re in the playoff race leading up to the trade deadline. This rebuilding team still has room for improvement (especially defensively), but they’re an increasingly competitive club this season.
Mintyukov might be a good pickup for a team like Boston following Mcavoys injury. The Boston depth on defense is very limited!
He can play both sides!
What do the Bruins have to entice such a trade?
Mason Lohrei or one of their 2 1st round picks this year.
I don’t think Drury can be a seller if NY is anywhere near a playoff spot. He’ll be all in as long as he’s not fired before that. Currently 3rd worst winning pct. in EC. Needs to do something now or risk falling fast. Trochek has partial ntc and would be coveted by many teams looking for 2C, but also a guy who I wouldn’t want to lose. Based on rumors about St Louis, I’d look at a package including Lafreniere and Schneider plus whatever necessary to get Kyrou. Should the wheels come off, Panarin could waive and get moved. Anaheim?
Tom Wilson would look amazing on the Senators. Dont think we have the assets for a trade but it would make the Sens a force in the playoffs
I think Texier going on waivers today. Montreal? He speaks French
Tom Wilson would look amazing on the Senators along with Brady Tkachuk!
dont think the Sens have the assets to make it happen but man would it be awesome to see.
Zetterlund, 2nd, 3rd with no money retained ?
Zetterlund, 1st ?