NHL teams combined to make 23 trades on Friday, dealing a total of 33 players and more than 20 draft picks, before the league’s deadline, with some teams and players seeming to win — and some seeming to lose.
The defending Stanley Cup champion Vegas Golden Knights, three-time defending Metropolitan Division-champion Carolina Hurricanes and league-leading Florida Panthers appear to have made the most of the opportunity.
“Some of the teams at the top were very aggressive — and it looks like a real arms race,” Detroit Red Wings general manager Steve Yzerman said.
The San Jose Sharks, Red Wings and Pittsburgh Penguins, meanwhile, chose a different and questionable approach at the potentially pivotal point of the season.
Players, too, fell on one side or the other when they were traded to a contending team or ended up stuck with a struggling squad. Here’s a look at how some fared upon further review of the NHL trade deadline.
GOLDEN KNIGHTS
Shooting to win a second straight Cup in their seventh season, Vegas put more chips on the table with a series of trades.
“We wanted to help our team,” general manager Kelly McCrimmon said. “Our recent play hasn’t been good enough.”
The Golden Knights acquired two-time All-Star center Tomas Hertl from the Sharks in perhaps the biggest deal on Friday. Earlier in the week, they acquired point-producing defenseman Noah Hanifin from Calgary and 29-year-old forward Anthony Mantha, who has 20 goals this season for the third time in his career, in a deal with Washington.
McCrimmon said he anticipates Hertl, who is recovering from knee surgery, to be available in the regular season to help with the franchise’s push for playoff positioning.
HURRICANES
Shooting to go from good to great in the playoffs, Carolina boosted its chances to score and contend by acquiring two players who have hoisted the Cup.
The Hurricanes added center Jake Guentzel, who is averaging more than a point per game, from the Penguins on the eve of the deadline. They followed that bold move by adding even more depth at center, getting Evgeny Kuznetsov in a trade with Washington.
PANTHERS
Florida flourished in the days and hours leading up to the deadline, helping the franchise keep up with the Hurricanes.
The Panthers added more help up front with scoring winger Vladimir Tarasenko from Ottawa and on the blue line with Kyle Okposo from Buffalo.
OKPOSO
The 35-year-old defenseman can be deemed a winner, getting away from the Sabres, whose postseason drought dates to 2011, and landing with one of the Stanley Cup favorites — along with Edmonton — according to FanDuel Sportsbook.
SHARKS
Unless team doctors don’t think Hertl can bounce back from his knee surgery, San Jose may regret giving up a player possibly in his prime that was under contract through the 2029-30 season.
The Sharks, who are at the bottom of the league-wide standings with Chicago, did get top prospect David Edstrom and a 2025 first-round pick in exchange for Hertl. There’s a good chance Edstrom or the prospect chosen, though, won’t be as good as Hertl.
RED WINGS
Yzerman’s cautious approach has finally started to show some promising results, putting the once-proud franchise in a position to be in the playoffs for the first time since 2016.
The Hockey Hall of Fame player, who built Tampa Bay into a Stanley Cup winner, was arguably too passive at the deadline.
While he chose to stand pat, Yzerman did say that what some of the top teams chose to do was interesting.
“For everybody following the league — fans, media, all of us in it — it’s going to be a very exciting right down the wire, all the way through the Stanley Cup Final, just to see how this all plays out,” he said.
PENGUINS
Sensing a second straight season without a postseason appearance, Pittsburgh pulled the plug and was a seller at the deadline even though the Sidney Crosby-led team is potentially in the hunt for a wild-card spot.
The Penguins dealt Guentzel, their ninth all-time leading goal scorer, for forward Michael Bunting and some prospects to Carolina and veteran defenseman Chad Ruhwedel to the New York Rangers for a fourth-round pick in 2027.
PACIORETTY
Max Pacioretty, a 35-year-old winger, could have chased a Cup and possibly added to his value as a free agent, but the Capitals were unable to deal him, and he will play out the season with a team that will have to make a surprisingly strong finish just to make the playoffs.
