Check out the latest on Penguins defensemen Kris Letang and the Devils’ Dougie Hamilton and Ondrej Palat, plus updates on the Red Wings, Rangers, Senators, and more in today’s NHL Rumor Mill.
PENGUINS CONCERNED ABOUT KRIS LETANG’S PLAY
THE ATHLETIC: Josh Yohe reports there is considerable concern among the Pittsburgh Penguins’ organization regarding Kris Letang’s struggles this season. The 38-year-old defenseman has always been plagued by the occasional mental lapse in his game, but his athleticism and stamina often offset that issue. Not anymore.
Pittsburgh Penguins defenseman Kris Letang (NHL Images)
Letang won’t be traded, partly because he’s got a full no-movement clause. There’s also no market for him given his age, a health history that includes two strokes, and his $6.1 million average annual value through 2027-28.
Yohe also pointed out that a buyout is unlikely. Letang was 35 when he signed his current contract, meaning the Penguins won’t receive any cap relief. Retirement is unlikely unless health or another circumstance forces his hand.
SPECTOR’S NOTE: This isn’t a trade rumor, but the frustration over the decline in Letang’s play could prompt some Penguins fans to call on the club’s management to peddle him, even if it means retaining half of his cap hit. It’s worthwhile pointing out the reasons why such a move is unlikely.
DEVILS REPORTEDLY ATTEMPTED TO MOVE HAMILTON AND PALAT
NEW JERSEY HOCKEY NOW: James Nichols noted that ESPN’s Kevin Weekes reported the Devils attempted to move defenseman Dougie Hamilton and winger Ondrej Palat. According to Weekes, Hamilton and Palat were mentioned in potential trade scenarios involving the Devils.
Hamilton surfaced in trade rumors during the summer when the Devils were reportedly gauging the trade market for the 32-year-old defenseman. He shrugged them off at the time, insisting that he wanted to remain with the Devils. Hamilton is signed through 2027-28 with an AAV of $9 million and a 10-team trade list, along with a no-movement clause that prevents his demotion to the AHL without his permission.
Palat, 34, has the same conditions in his contract. He’s signed through next season with an AAV of $6 million.
SPECTOR’S NOTE: Those contracts are sticking points in any attempt to move those two players, as is the decline in their production. Still, Hamilton could garner more interest given his puck-moving abilities.
WHAT’S NEXT FOR THE DEVILS, RED WINGS, AND RANGERS AFTER MISSING OUT ON QUINN HUGHES?
SPORTSNET: Ryan Dixon speculated over which players the Devils and the Detroit Red Wings might pursue after failing in their efforts to acquire Quinn Hughes before he was traded to the Minnesota Wild on Friday.
Dixon wondered if the Devils might consider Buffalo Sabres power forward Alex Tuch as a trade target. He believes Nazem Kadri of the Calgary Flames would be a good fit for the Detroit Red Wings as their second-line center.
SPECTOR’S NOTE: Flames ownership insisted that Kadri won’t be traded, so we must assume he’s unavailable. Tuch, however, could become a trade candidate if the Sabres feel they could lose him to free agency next summer.
THE ATHLETIC: Vincent Z. Mercogliano took note of New York Rangers GM Chris Drury’s interest in Quinn Hughes. He thinks Drury could attempt another big swing at a big-name player in the trade market. However, the Rangers GM has depreciated his club’s prospect pool, which makes it difficult to win any bidding wars for notable talent in the trade market.
Mercogliano speculated that Drury may have offered up winger Alexis Lafreniere, defenseman Braden Schneider, and at least one of their two first-round picks in the 2026 NHL Draft to the Vancouver Canucks for Hughes.
However, the Canucks sought a young, top-six center, which the Rangers don’t have. Meanwhile, the trade value of Lafreniere and Schneider isn’t what it was a few years ago.
SPECTOR’S NOTE: The Red Wings are better-positioned than the Devils and Rangers to land a noteworthy player in the trade market. They have more cap space and plenty of young players and promising prospects to draw on for trade bait if they wish to.
THE LATEST ON THE SENATORS
OTTAWA SUN: Bruce Garrioch reports Senators GM Steve Staios continues to scour the trade market for a top-nine forward and a defenseman. He believes Staios has contacted sellers such as the Vancouver Canucks, Calgary Flames, St. Louis Blues, and the Nashville Predators.
Many teams remain in the playoff chase, which means the sellers’ asking prices remain high.
The Senators are among the clubs interested in Canucks winger Kiefer Sherwood, who carries a $1.5 million cap hit and is slated to become an unrestricted free agent in July. He’s also drawn interest from the Boston Bruins, New York Islanders, Tampa Bay Lightning, Dallas Stars, and Philadelphia Flyers.
Sherwood’s teammate, Conor Garland, isn’t expected to be traded. However, Garrioch claims that if the Canucks were to peddle Garland, he’s a player that Senators head coach Travis Green holds in high regard. However, the 29-year-old’s six-year contract extension kicks in next season, with a $6 million AAV and a full no-movement clause.
Garrioch believes Staios has had conversations with Flames GM Craig Conroy. He thinks Flames winger Blake Coleman could be a good fit with the Senators.
SPECTOR’S NOTE: The problem in landing Sherwood and Coleman is that a lot of teams are interested in them, meaning the Canucks and Flames will retain them for as long as possible to drive up their value before the March 6 trade deadline. Garland’s new contract is a big stumbling block that could be insurmountable unless the Canucks are willing to retain salary.
REICHEL ON THE TRADE BLOCK AGAIN
THE PROVINCE: Ben Kuzma reports the Vancouver Canucks are willing to entertain trade offers for Lukas Reichel.
The Canucks acquired Reichel from the Chicago Blackhawks earlier this season. Projected to become a top-six forward when drafted by the Blackhawks, he’s struggled to meet expectations as a scorer.
Kuzma cited Reichel’s poor decision-making, penchant for turnovers, lack of battle, and misfiring on scoring chances as the reasons why he’s been demoted to the Canucks’ AHL affiliate in Abbotsford.
