NHL Rumor Mill – August 27, 2025
NHL Rumor Mill – August 27, 2025
Some speculation over Quinn Hughes’ future with the Canucks, and potential destinations for Carey Price’s contract in today’s NHL Rumor Mill.
THE ATHLETIC: A reader recently asked James Mirtle if he saw the New Jersey Devils attempting to acquire Vancouver Canucks captain Quinn Hughes to reunite him with his brothers, Jack and Luke Hughes.

Vancouver Canucks defenseman Quinn Hughes (NHL Images).
Hughes is signed through 2026-27. Mirtle thinks it would be only natural for the 25-year-old defenseman to wonder about his future in Vancouver if the Canucks can’t break through and win.
The Canucks could surprise with a bounce-back performance this season that convinces Hughes to stay, but Mirtle considers it unlikely. If they don’t, he thinks management will have to consider a blockbuster trade and what the return might look like.
As for the Devils, Mirtle speculated that they might consider making that commitment next summer if Hughes really wants to join his brothers. He observed that they have over $62 million in cap space for 2027-28 before accounting for Luke’s upcoming new contract, leaving plenty of room to sign Quinn to a massive extension.
SPECTOR’S NOTE: This season will be crucial in determining Quinn Hughes’ future with the Canucks. If they struggle this season, it will only stoke the trade rumors. Even if a deal isn’t possible with the Devils, there will be potential contenders with salary-cap space willing to acquire him and sign him to an expensive long-term extension next summer.
MONTREAL HOCKEY NOW: Marc Dumont looked at possible trade partners for the Canadiens to move the contract of Carey Price, who has been on permanent long-term injury reserve since 2022.
The Canadiens could retain Price’s contract and use LTIR to exceed the salary cap for the coming season, but they wouldn’t be able to accrue salary-cap space during the season. It would provide them with more cap flexibility if they could find a trade partner to take that contract off their books.
There is a year remaining on Price’s contract. The average annual value is $10.5 million, but he will make $7.5 million in actual salary for 2025-26, with $5.5 million paid as a signing bonus on Sept. 1. That would make his contract palatable for rebuilding teams to remain cap compliant without paying much in actual salary if they move pending UFA players by the March trade deadline.
Dumont suggests the Chicago Blackhawks, Seattle Kraken, and Pittsburgh Penguins as three potential trade partners. The Canadiens would likely have to add “a mediocre draft pick” to the deal to sweeten the pot.
SPECTOR’S NOTE: The San Jose Sharks have also been mentioned as a trade partner.
Price has a full no-movement clause, but he won’t use it to block the Canadiens from trading his contract.
Daly explained the rationale behind the reduction of maximum term contracts to six years for an unrestricted free agent (UFA) and seven when re-signing, saying both parties recognized that a player won’t be worth what the contract pays him during its out-years. “So, the most purely monetary benefits of longer-term contracts are kind of scaled back a little bit. That’s really the benefit.”


