The Trade Deadline is March 3, 2023. Check out the latest on J.T. Miller, Jakob Chychrun and Colton Parayko plus updates on the Flyers, Red Wings, Hurricanes, Leafs, Oilers and Wild in today’s NHL Rumor Mill.

PENGUINS INTERESTED IN J.T. MILLER?

PITTSBURGH POST-GAZETTE: Matt Vensel reports two league sources told him that the Penguins and the Vancouver Canucks recently engaged in trade discussions regarding forward J.T. Miller.

Vancouver Canucks center J.T. Miller (NHL Images).

One source said those talks have reached an impasse but could be revisited before Friday’s trade deadline. It’s not known what the Penguins discussed sending to the Canucks for Miller, whose new seven-year contract with an average annual value of $8 million kicks in on July 1. Vensel noted that Pittsburgh general manager Ron Hextall last week said he wouldn’t part with future assets unless it was for an impact player signed beyond this season.

SPECTOR’S NOTE: Vancouver Hockey Insider’s Rob Simpson believes it would have to be “a pretty damn nice package” to tempt the Canucks into parting with Miller. He also noted Canucks star Elias Pettersson likes having Miller around.

Miller’s current contract carries a cap hit of $5.25 million and lacks no-trade protection. The Canucks could retain half of that for the remainder of this season to facilitate a deal as it would clear his upcoming contract completely off their books. I’m not sure if the Penguins have the assets to tempt the Canucks but perhaps the latter is desperate to move Miller.

(UPDATE: Cap Friendly confirms whatever the Canucks retain on the remainder of Miller’s current contract would also have to be retained on his new contract as well)

LATEST ON JAKOB CHYCHRUN

TSN: Pierre LeBrun reports the Washington Capitals have had “some pretty substantial talk” with the Arizona Coyotes about defenseman Jakob Chychrun. The Buffalo Sabres and Pittsburgh Penguins have also spoken with the Coyotes about Chychrun. Arizona general manager Bill Armstrong is willing to hand onto the blueliner if no one meets his asking price and try again this summer.

SPECTOR’S NOTE: I still think Chychrun could be moved by the deadline. It certainly won’t be a good look for the Coyotes to sit him out for over two weeks and not trade him. However, I don’t think that’s something that concerns Armstrong. If Chychrun isn’t moved, he’ll just shrug and say he’s not budging off his asking price. I can understand Armstrong’s insistence on getting a quality return for Chychrun but he risks hurting the blueliner’s value by not being a little more flexible in trade talks.

COLTON PARAYKO TRADE TALKS COOLING OFF?

TSN: Darren Dreger reported the Edmonton Oilers had kicked tires on St. Louis Blues defenseman Colton Parayko. With the Oilers’ acquisition of blueliner Mattias Ekholm, he believes it’s more likely that Parayko stays put in St. Louis.

SPECTOR’S NOTE: Parayko’s contract makes him difficult to move during the season. He’s signed through 2029-30 with an AAV of $6.5 million and full no-trade protection. Maybe he would’ve waived it to join the Oilers but the Blues aren’t going to just give him away.

LATEST FLYERS SPECULATION

TSN: Pierre LeBrun reports the Philadelphia Flyers are getting more calls about winger James van Riemsdyk. The Vegas Golden Knights, Winnipeg Jets and Calgary Flames have looked into acquiring him. LeBrun believes the Flyers could seek a second and a third-round pick.

PHILLY HOCKEY NOW: Sam Carchidi reports Flyers general manager Chuck Fletcher is willing to listen to offers on all his players if it makes sense for his team. He added that he wants his roster to get younger.

The Flyers GM didn’t rule out moving 30-year-old forward Kevin Hayes for the right offer. Hayes has said he’d prefer to remain with the Flyers than get traded to a contender. He has three years remaining on his contract with an annual cap hit of $7.1 million and a 12-team no-trade clause.

Fletcher said he’d be looking for draft picks and prospects in the trade market. He’s also open to retaining salary to facilitate a trade, which Carchidi felt was in reference to James van Riemsdyk and his $7 million cap hit on his expiring contract.

SPECTOR’S NOTE: van Riemsdyk seems the most likely Flyer to get moved before Friday’s trade deadline. Moving Hayes won’t be easy unless Fletcher is willing to retain some salary or take back a comparable contract.

RED WINGS TO BECOME SELLERS?

TSN: Darren Dreger reports the Detroit Red Wings could become sellers as they’re recognizing the arms race in the Eastern Conference is too rich. He feels they can’t risk letting winger Tyler Bertuzzi depart for nothing as a free agent this summer. They’re also looking at moving winger Jakub Vrana and perhaps winger Filip Zadina.

SPECTOR’S NOTE: Back-to-back lopsided losses this week to the Ottawa Senators stalled the Red Wings’ momentum. They’re still within striking distance of a wild-card berth but general manager Steve Yzerman could decide his roster needs a little more tinkering before they’re finally ready for playoff contention.

UPDATE ON THE HURRICANES

THE ATHLETIC: Pierre LeBrun reports the Carolina Hurricanes have been very active in trade talks, including going hard for Timo Meier before he was shipped to the New Jersey Devils. General manager Don Waddell acquire Jesse Puljujarvi from the Oilers yesterday and a league source claims he could look at bringing back Max Domi from the Chicago Blackhawks.

Waddell said he’s not giving up the young players on his roster. LeBrun believes he’s referring to Seth Jarvis and Martin Necas. Prospect defenseman Alexander Nikishin is also off-limits. The Hurricanes still have around $7 million in deadline cap space.

SPECTOR’S NOTE: Waddell will likely make another addition before the deadline. It might not be as impressive compared to the moves made by his Eastern rivals in recent weeks. Still, just because he won’t move his best young talent doesn’t mean he can’t get a good player if the trade market is anything to go by. He could be waiting to see if prices drop as the deadline draws near.

LEAFS, OILERS, AND WILD NOT DONE DEALING?

TSN: Chris Johnston doesn’t rule out the Toronto Maple Leafs making another move before Friday’s deadline. He pointed out that the 2023 first-round pick they received from Washington could be used as potential trade ammo.

SPECTOR’S NOTE: I made a similar observation during my evaluation of yesterday’s Leafs-Capitals trade. I also noted that Leafs general manager Kyle Dubas is loading up because he knows his job is on the line. He could use that first-rounder to add another player who could help them get over the playoff hump.

Darren Dreger doesn’t rule out the Edmonton Oilers making another move. He said they’re looking at a forward such as Detroit’s Tyler Bertuzzi or Arizona’s Nick Bjugstad.

SPECTOR’S NOTE: The Coyotes held Bjugstad out of last night’s game for “trade-related reasons”. He’ll likely be on the move between now and Friday’s deadline, perhaps heading to Edmonton.

THE ATHLETIC: Joe Smith reports Minnesota Wild general manager Bill Guerin could still make another move or two before the trade deadline. He noted that they still have $7.4 million in trade deadline cap space after acquiring Marcus Johansson and Gustav Nyquist on Tuesday.

Smith wondered if Guerin might pursue someone like the Red Wings’ Tyler Bertuzzi. He also noted there’s “still some smoke” around James van Riemsdyk and the Flyers. Smith also wouldn’t be surprised if winger Jordan Greenway gets moved if there’s enough interest by Friday.

SPECTOR’S NOTE: It would be surprising if Guerin doesn’t use that cap space to his advantage. He has enough draft picks and prospect depth to make a significant addition if he chooses.