NHL Rumor Mill – January 8, 2026
NHL Rumor Mill – January 8, 2026
The Rangers are linked to Canucks winger Kiefer Sherwood, the Flyers might be willing to move defenseman Rasmus Ristolainen and the latest on the Flames and Oilers in today’s NHL Rumor Mill.
RANGERS INTERESTED IN SHERWOOD
THE ATHLETIC: Vincent Z. Mercogliano reports a league source claims the New York Rangers have been pushing hard to acquire winger Kiefer Sherwood from the Vancouver Canucks. The asking price for the 30-year-old winger is believed to be a first-round pick and maybe more.
Sherwood carries an affordable $1.5 million cap hit. He’s in the final season of his contract and eligible to become an unrestricted free agent on July 1.
However, recent injuries to starting goaltender Igor Shesterkin and defenseman Adam Fox could dampen the Rangers’ interest in Sherwood. Their focus could shift from buyer to seller, depending on how long Shesterkin and Fox are sidelined.
The Rangers could peddle multiple players if they become sellers, including UFA-eligible winger Artemi Panarin. Contract extension talks with the 34-year-old Panarin haven’t gotten far, and he could be willing to waive his no-movement clause if this season slips out of reach for the Blueshirts.
THE PROVINCE: Patrick Johnston confirmed the Rangers’ interest in Sherwood. The Canucks have renewed contract talks with the winger’s camp, but they’re no closer to reaching an agreement.
Johnston believes Canucks management shouldn’t dally or be fooled by the club’s four-game win streak following the Quinn Hughes trade last month. He thinks they should move Sherwood for the best possible return to continue the rebuild that began with the Hughes trade.
SPECTOR’S NOTE: The Canucks might be interested in keeping Sherwood, or at least willing to gauge his interest in staying in Vancouver. They’ve received plenty of calls about him, and could be waiting to see if his value rises further before pulling the trigger.
FLYERS COULD ENTERTAIN OFFERS FOR RISTOLAINEN
DAILY FACEOFF: Anthony Di Marco reports a Philadelphia Flyers source told him that Rasmus Ristolainen remains a trade candidate. The 31-year-old defenseman returned from injury last month and has two assists in nine games.

Philadelphia Flyers defenseman Rasmus Ristolainen (NHL Images).
The Flyers aren’t actively shopping Ristolainen, but Di Marco indicated that they’re open to the possibility for the right price. A source suggested a return comparable to what the Montreal Canadiens received from the Florida Panthers in the Ben Chiarot trade four years ago would be along the lines of what they’re looking for. The Canadiens got a first-round pick, a fourth-rounder, and a prospect.
A right-shot, all-around defenseman, Ristolainen is signed through 2026-27 with an average annual value of $5.1 million.
SPECTOR’S NOTE: Ristolainen won’t be going anywhere if the Flyers remain in the thick of the Eastern Conference playoff race by the trade deadline, especially if he continues to boost their blueline. It could be a different story if they tumble down the standings between now and March 6.
THE LATEST FLAMES AND OILERS SPECULATION
CALGARY SUN: Kent Wilson believes it’s time for Flames general manager Craig Conroy to decide if he’ll be a buyer or a seller in the trade market. Their last significant trade was on Jan. 30, 2025, when they acquired Morgan Frost and Joel Farabee from the Flyers.
Wilson acknowledged the Flames’ improvement through December, but pointed out that they remain in a transitional phase with a roster that isn’t close to being a Stanley Cup contender.
If Conroy decides to sell, he has two quality trade chips in defenseman Rasmus Andersson and two-way winger Blake Coleman. Andersson is UFA-eligible in July, while Coleman is signed through next season. Wilson noted that the Flames and Andersson have had months to hammer out a contract extension, suggesting that it’s unlikely they’ll get one done by the trade deadline.
SPECTOR’S NOTE: Conroy could be waiting to give his players enough time to see if they can play their way into a playoff berth. Had their early-season struggles carried over into December, he might’ve pulled the trigger by now.
Their performance in January could determine which lane Conroy takes. Based on their recent games, he could be leaning toward selling.
EDMONTON JOURNAL: Gerry Moddejonge believes forwards Andrew Mangiapane and Trent Frederic could be reaching the end of their tenures with the Oilers.
Both players haven’t met expectations this summer, and were both healthy scratches during the Oilers’ 6-2 win over the Nashville Predators on Tuesday. Moddejonge observed that Mangiapane has been the subject of recent trade rumors. As for Frederic, he thinks his story in Edmonton could end with a contract buyout.
SPECTOR’S NOTE: Mangiapane is signed through next season with an average annual cap hit of $3.6 million and a full no-trade clause for this season. Frederic is in the first season of an eight-year deal with an annual cap hit of $3.85 million and a full no-movement clause.
The Oilers are reportedly working with Mangiapane’s agent to find a suitable trade destination. Given Frederic’s dreadful performance this season, it’s doubtful anyone will be interested in his contract.
Buying out Frederic’s contract when the buyout window opens in June will cost the Oilers over $2 million annually through the first seven years of the buyout, dropping to over $800k annually for the remaining seven years. It won’t be an expensive dent in their salary cap payroll during that time, but it’s still a long time to be carrying dead cap space.




