NHL Rumor Mill – July 10, 2025
NHL Rumor Mill – July 10, 2025
Check out the latest on Erik Karlsson, Ilya Sorokin and Jordan Kyrou, plus five teams that could make moves this summer, in today’s NHL Rumor Mill.
RG.ORG: James Murphy reports multiple teams are interested in Pittsburgh Penguins defenseman Erik Karlsson.
According to a league source, the Toronto Maple Leafs are among them. They’re in the market for an offensive defenseman and have also been linked to Dougie Hamilton of the New Jersey Devils. The Penguins would have to retain part of their share ($10 million) of his average annual value.

Pittsburgh Penguins defenseman Erik Karlsson (NHL Images)
The source also dismissed the notion of bad blood between Penguins general manager Kyle Dubas and his former team. It’s also believed the Detroit Red Wings, Anaheim Ducks, Utah Mammoth and Dallas Stars were involved.
SPECTOR’S NOTE: The Leafs have $4.9 million in cap space, meaning the Penguins must retain up to half of their share of Karlsson’s cap hit. Even then, the Leafs would have to shed more salary to make it work.
Karlsson is reportedly willing to waive his no-movement clause to join a contender. That rules out the Red Wings, Ducks and Mammoth.
The Stars meet the contender criteria, but they’re over the cap by nearly $1.8 million. It’s unlikely they could make the dollars fit.
THE HOCKEY NEWS: Stefen Rosner is skeptical of a recent report suggesting the New York Islanders were considering trading goaltender Ilya Sorokin during the 2025 NHL Draft.
The report claimed Islanders GM Mathieu Darche might’ve dangled Sorokin in an attempt to move up in the first-round draft order to select Long Island native James Hagens. However, Rosner pointed out that Darche indicated teams weren’t willing to trade their first-rounders.
Rosner also doesn’t see the Islanders trading their franchise goaltender when backup Semyon Varlamov is coming off lower-body surgery. He also noted that Sorokin is in the second season of an eight-year contract with a full no-movement clause.
SPECTOR’S NOTE: The only reason Darche would trade Sorokin is if he were staging a full roster rebuild. As Rosner noted, the Islanders aren’t moving their core players if they remain committed to being competitive.
STLTODAY.COM: Lynn Worthy doesn’t put much stock into recent trade rumors surrounding Blues winger Jordan Kyrou.
He acknowledged the 27-year-old’s scoring ability is what would make him a great trade chip. However, it’s also a big reason why the Blues should retain him, especially since they were 13th last season in goals scored.
SPECTOR’S NOTE: Most of the Kyrou speculation occurred before his no-trade clause kicked in on July 1. Unless he’s keen to move on (and he’s publicly expressed no such sentiment), he’ll be in their lineup when the regular season begins in October.
SPORTSNET: Sonny Sachdeva listed the Edmonton Oilers, Toronto Maple Leafs, Winnipeg Jets, Los Angeles Kings and Colorado Avalanche as five teams that could make moves in this summer’s trade market.
It’s believed the Oilers considered moving out a key player like Adam Henrique or Darnell Nurse to continue reshaping their roster, but they declined to waive their no-trade clauses.
SPECTOR’S NOTE: Sachdeva suggested the Oilers take a swing at adding Minnesota’s Marco Rossi or Florida’s Evan Rodrigues, or a depth forward like New Jersey’s Dawson Mercer or Colorado’s Ross Colton. Their biggest need, however, remains between the pipes. However, the limited goaltending options available mean they could be waiting for a while to find a suitable trade target.
The Maple Leafs could use a couple of scoring forwards. Sachdeva proposed Rickard Rakell and Bryan Rust of the Pittsburgh Penguins as trade targets. Moving out forwards Calle Jarnkrok and David Kampf would free up $4.5 million to create additional cap space to facilitate a trade.
SPECTOR’S NOTE: The Leafs could get Rakell or Rust but not both. However, they lack the tradeable assets to interest the Penguins, like a first-round pick or a good, young NHL player.
The Jets have the cap space ($19.8 million) to work with if they wish to continue adding to their forward lines. One option could be Utah Mammoth center Nick Schmaltz, who has a year left on his contract with a cap hit of $5.85 million.
SPECTOR’S NOTE: The Mammoth hopes to push for a playoff berth this season, so it’s unlikely Schmaltz is available. It might be a different story if they’re outside the postseason picture by the March trade deadline.
Sachdeva noted the Kings made some additions via free agency (forwards Corey Perry and Joel Armia, defensemen Cody Ceci and Brian Dumoulin), but they need more if they hope to take the next step this season.
SPECTOR’S NOTE: Sachdeva mentioned acquiring Jason Robertson from the Dallas Stars, but even he considers that to be a remote possibility.
The Avalanche could be a landing spot for Schmaltz or one of the Penguins’ wingers.
SPECTOR’S NOTE: See my previous comments on Rust, Rakell and Schmaltz.