NHL Rumor Mill – June 26, 2025
NHL Rumor Mill – June 26, 2025
What’s next for the Sabres following the Peterka trade and the Oilers after the Kane trade? What’s the latest on Erik Karlsson, Jordan Kyrou, Rasmus Andersson, Aaron Ekblad and more? Find out in today’s NHL Rumor Mill.
WHAT’S NEXT FOR THE SABRES AND OILERS
THE BUFFALO NEWS: Mike Harrington believes the Sabres must have bigger moves in store after the “flimsy return” they received in the JJ Peterka trade. They shipped Peterka to the Utah Mammoth for defenseman Michael Kesselring and winger Josh Doan.
With defenseman Bowen Byram expected to be the next trade candidate, Harrington thinks they have to be getting back a top-six forward to replace Peterka.
SPECTOR’S NOTE: We’ll have our answer in the next several days as trade activity picks up before the start of the unrestricted free-agent market on July 1. Byram’s been a fixture in trade rumors for months, with the expectation that he’d fetch a top-six forward.
THE ATHLETIC: Pierre LeBrun reports the Edmonton Oilers aren’t done making cost-cutting moves after trading Evander Kane to the Vancouver Canucks. They must re-sign restricted free agent (RFA) defenseman Evan Bouchard, and Leon Draisaitl’s new contract kicks in on July 1.
LeBrun believes Viktor Arvidsson will be next on the trade block. The 32-year-old winger has a year left on his contract with a cap hit of $4.4 million. He also has a full no-movement clause, but he met with Oilers management and both sides agree it would be best if he moved on. His agent is working with the Oilers to find a suitable trade partner, and LeBrun thinks a deal could occur within the next two to three weeks.
SPECTOR’S NOTE: Moving Kane leaves the Oilers with $16.2 million in cap space with 19 active roster players under contract. That’ll go up to $20.6 million if Arvidsson is traded, leaving enough room to re-sign Bouchard and address other roster needs.
THE LATEST ON THE PENGUINS
THE ATHLETIC: Pierre LeBrun reports Pittsburgh Penguins defenseman Erik Karlsson is believed to be open to waiving his no-movement clause to go to a contender. However, the Penguins might have to retain some salary to reduce his cap hit to $7.5 million per season.

Pittsburgh Penguins defenseman Erik Karlsson (NHL Images)
Karlsson, 35, is signed through 2026-27 with the Penguins carrying $10 million of his $11.5 million average annual value (AAV). He’s also entitled to a $5 million bonus on July 1. Other teams could prefer waiting until that’s paid, but the Penguins could be less inclined to trade him after that date unless they get an extra asset in the deal.
SPECTOR’S NOTE: Karlsson’s contract, coupled with his declining performance, will make it difficult for the Penguins to find a trade partner this summer. It’s not impossible, but those factors will make it difficult.
Meanwhile, LeBrun’s colleague Scott Wheeler reports the Penguins are aggressively trying to move up in the first round of the upcoming 2025 NHL Draft. They spoke to the Chicago Blackhawks about the third-overall pick. He believes they really like prospect winger Porter Martone and centers James Hagens and Roger McQueen.
ARE THE BLUES PEDDLING JORDAN KYROU?
STLTODAY.COM: Matthew DeFranks was asked about the recent trade speculation involving Blues winger Jordan Kyrou. He cited Daily Faceoff’s Frank Seravalli placing the 27-year-old winger at No. 2 on his latest trade targets list.
DeFranks said he hasn’t heard much on the Blues’ end, but they’re usually tight-lipped about these things. He noted that Kyrou has been the subject of trade rumors in the past. He’s a young, cost-controlled scorer who has improved his defensive deficiencies.
However, Kyrou’s trade value has never been higher. The Blues are deep in wingers and need help at center. They could also use another young defenseman.
SPECTOR’S NOTE: Kyrou completed the second season of his eight-year contract. His salary-cap hit is expensive ($8.125 million), and he has a no-trade clause that begins on July 1. If the Blues are shopping him, they could be eyeing a trade before next Tuesday; otherwise, they’ll need Kyrou’s approval.
UPDATE ON RASMUS ANDERSSON
RG.ORG: Marco D’Amico reports the Calgary Flames are taking trade calls on Rasmus Andersson. The 28-year-old defenseman is a year away from UFA eligibility. Contract extension talks last week reportedly didn’t go well.
D’Amico cited a source claiming the Columbus Blue Jackets, Detroit Red Wings, Montreal Canadiens and Boston Bruins have looked into Andersson. One source believed the Blue Jackets make a lot of sense, given their $40.4 million in cap space and depth in draft picks and prospects to use as trade bait.
SPECTOR’S NOTE: D’Amico cited another source claiming the Ottawa Senators were pursuing Andersson. However, recent reports claim they’re on his six-team no-trade list.
IS AARON EKBLAD HEADED TO THE UFA MARKET?
THE ATHLETIC: Pierre LeBrun considers Aaron Ekblad likely headed to the UFA market next Tuesday. The long-time Florida Panthers defenseman reportedly hasn’t had any contract extension talks with management since last summer, though he expects the Panthers will make an offer before July 1.
Contract term was the issue in last summer’s discussion. LeBrun thinks that will still be a factor as the Panthers could be reluctant to invest too long in the 29-year-old Ekblad.
SPECTOR’S NOTE: Ekblad has repeatedly said he wants to stay with the Panthers. It’s believed he’ll take a pay cut from his current $7.5 million. If the term remains the issue, he might have to accept a three-year deal to remain in Florida. We’ll know for sure by July 1.
COULD THE KINGS PART WITH ALEX TURCOTTE?
MAYOR’S MANOR: There’s plenty of chatter suggesting the Los Angeles Kings could move Jordan Spence and/or Trevor Moore this week. However, Alex Turcotte could also be worth watching. Multiple teams are said to be interested in the 24-year-old winger.
SPECTOR’S NOTE: Turcotte is entering the second season of his three-year contract with an AAV of $775,000. He’s battled injuries in recent years but played a career-high 65 games this season, netting 23 points. The former first-round pick (fifth overall, 2019) could be part of a bigger trade package.


