NHL Rumor Mill – December 11, 2025
NHL Rumor Mill – December 11, 2025
Are the Devils interested in Ryan O’Reilly? Are the Oilers still interested in Tristan Jarry? Find out in today’s NHL Rumor Mill.
SPORTSNET: During Monday’s episode of “32 Thoughts: The Podcast,” Elliotte Friedman said he believes Nashville Predators center Ryan O’Reilly remains a legitimate trade target for the New Jersey Devils.

Nashville Predators center Ryan O’Reilly (NHL Images).
However, as with the Devils’ rumored interest in O’Reilly’s teammate Steven Stamkos and Vancouver Canucks defenseman Quinn Hughes, salary-cap space would be an issue, especially if the Predators didn’t want to retain salary in the deal. That means the Devils must make a separate cost-cutting trade with another team before attempting to add O’Reilly.
Friedman also noted that O’Reilly lacks a no-trade clause, but the Predators are treating him as though he does. He would have to agree to go to New Jersey.
SPECTOR’S NOTE: Until this season, the Devils could attempt a three-team trade that would spread O’Reilly’s cap hit around. However, that’s no longer possible. A second salary retention on the same contract can only happen 75 regular-season days later.
THE ATHLETIC: Josh Yohe recently acknowledged the Edmonton Oilers’ rumored interest in Pittsburgh Penguins goaltender Tristan Jarry. He reported that Penguins sources claimed the Oilers had inquired about the 31-year-old goaltender, who is enjoying a bounce-back season thus far.
However, Yohe doesn’t expect the Penguins to be sellers if they remain in the playoff race this season. He’d be surprised if Jarry, forwards Bryan Rust and Rickard Rakell, and defenseman Erik Karlsson are moved.
SPECTOR’S NOTE: The Penguins continue to rebuild…er, sorry, retool their roster by transitioning younger players into the lineup. However, a chance at reaching the playoffs is a great way to keep your players motivated and your fans invested. Another shot at the postseason for future Hall of Famers Sidney Crosby and Evgeni Malkin is great for ticket sales.
If the Penguins collapse over the next couple of months, then Jarry could be available by the March 6 trade deadline. However, that might be too late to save the Oilers’ season. They must look elsewhere for goaltending help.

