2025/2026 Season Trade Rumours and Speculation Thread

[Vinny01]

Originally Posted by 868904

I would’ve thought that team would need Kadri more than Rasmus. Their offseason plan looked like “save cap space for McDavid”, and that has blown up now.

They need a number 2 centre like Kadri, a winner with some grit.

They don’t have the chips to be at the table for Kadri

[GioforPM]

Originally Posted by Muta

Andersson and Zary for Knies and a 2028 1st. Boom, done.

Knies is their only decent LW, and he's above PPG right now, playing top line. There's zero chance they let him go.

[Tbull8]

If I’m Conroy I’m telling Brad if he really wants him it’s Cowan and 2028 unprotected. If that’s too much then he isn’t getting Ras

[SuperMatt18]

Originally Posted by Tbull8

If I’m Conroy I’m telling Brad if he really wants him it’s Cowan and 2028 unprotected. If that’s too much then he isn’t getting Ras

Doesn't even have to be unprotected because that rarely happens.

But I'd happily take it top 5 protected - which is what they gave up for Carlo.

Although I have no idea how these conditions work.

The 2026 pick is top 5 protected for Carlo, the 2027 pick is top 10 protected for Laughton - no idea what happens with the rules on those picks and how far they could slide.

Edit: I actually don't think the Leafs can even trade the 2028 pick - it's in the conditions for both the top 5 protected 2026 pick they sent for Carlo and the 2027 pick they sent for Laughton.

If they Leafs 2026 pick is top 5 then Boston could be given either the 2027 1st or 2028 1st unprotected. If Toronto gives the 2027 1st to Boston, then the 2028 pick would go to Philadelphia unprotected.

So yeah that 2028 pick is tied up in some of Treliving's convoluted trade conditions I think. Maybe they could trade it but think it means Boston gets the 2026 pick fore sure in that circumstance and Philly the 2027 pick - no matter where they fall.

[Muta]

Originally Posted by GioforPM

Knies is their only decent LW, and he's above PPG right now, playing top line. There's zero chance they let him go.

Was more of a tongue-in-cheek comment...

[Yeah_Baby]

Don't' trade with the Leafs. It doesn't end well.

[Toast_Man]

Originally Posted by Yeah_Baby

Don't' trade with the Leafs. It doesn't end well.

Maybe this time we win the trade? Flames are due!

[MrMike]

Originally Posted by Vinny01

They don’t have the chips to be at the table for Kadri

Give us all your unprotected firsts. Toronto and giving up firsts have turned into Tyler Seguin (2nd OA) Scott Niedemyer (3rd OA) and Dougie Hamilton (9th OA)

Not to mention Treliving and his history with trading first rounders.

[ForeverFlameFan]

2029 unprotected 1st would be worth more, since the summer of 2028 is when AM34's contract ends. I think he signs with a US team.

[Calgary4LIfe]

I actually would LOVE the 2028 1st from the Leafs that could slide to 2029. That might be a top 5 pick! I guess the value here is how you see the Leafs trending from now until then. i see them dropping significantly. Mathews becomes a UFA in the 2028 off-season too. That 2029 pick might be magic.


I think you have to squint to really see any NHL-calibre prospects left in the cupboard, and they have traded out so many picks. I think they are a team on the downswing, and it may happen quickly. I would love to have Rasmus traded their in exchange for that 2028 conditional pick that could slide to 2029 unconditionally as part of the package.

[Funkhouser]

Originally Posted by TheIronMaiden

I am convinced that the reason people are grumbling so much about Kadri and Andersson not being traded yet is that cheering for a bottom team is boring, but trades are fun, and maybe the only interesting thing that will happen with this team before the draft.

I've been internalizing this same thought.
Normally, the end of April until the end of June is painfully slow as a Flames fan. This year we have an additional 6 months of waiting.

I need one trade in Dec, Jan & March to ease the pain.

[Savvy27]

I wonder if there is much of a market for Morgan Frost?

26 years old. 6'0" 193lbs
Currently on year 1 of 2 for AAV $4.375M.

Currently second on the team in scoring with 8 points in 18 games.
54% on faceoffs
Leading the team in corsi (63%) and second in expected goals (57.9%)
+7 on ice goal differential for the last placed team in the league

There is a strong rumored market for centers this season and I think Frost is currently playing at a top 6 level. There was just that one report that Vancouver is looking for a top 6 C, but they want an RFA aged one. Well Frost is damn close. He's signed for another year at a fairly reasonable contact and he will be a 28 year old UFA at the end of the deal.

The Flames gave up a second round pick in the trade for him and Farabee and I think they could easily recoup one if they trade him this year. Personally, despite his relatively impressive play this season, I do not see him as a core piece of the future.

[Vinny01]

It doesn’t make sense to trade our pieces now for picks that are 3.5 years out. Teams will be offering better assets than that for Kadri.

Andersson thought I would roll the dice on the 28 1st as the main piece back.

I would do this deal

To Leafs: Andersson + Van 3rd
To Flames: Cowan+28 1st

If the Leafs unprotect the pick then 50% retention for Rasmus.

Cowan gives the flames another 2023 1st which would give them 3 straight drafts with 2 1sts and another 2 in the future with 26 and 28.

Treliving did not draft Cowan as he was the GM that walked in around draft time (he couldn’t be at the table until the flames picked) I feel like he would move him before Danford.

[blankall]

Originally Posted by Tbull8

If I’m Conroy I’m telling Brad if he really wants him it’s Cowan and 2028 unprotected. If that’s too much then he isn’t getting Ras

Rumors are that Cowan is included. I think people may be disappointed if they think another 1st is definitely coming.

Cowan, himself, still holds the value of a late 1st. He was a late 1st and is developing well. I don't see Andersson bringing the Flames the equivalent of two 1sts.

[ForeverFlameFan]

Originally Posted by Savvy27

I wonder if there is much of a market for Morgan Frost?

26 years old. 6'0" 193lbs
Currently on year 1 of 2 for AAV $4.375M.

Currently second on the team in scoring with 8 points in 18 games.
54% on faceoffs
Leading the team in corsi (63%) and second in expected goals (57.9%)
+7 on ice goal differential for the last placed team in the league

There is a strong rumored market for centers this season and I think Frost is currently playing at a top 6 level. There was just that one report that Vancouver is looking for a top 6 C, but they want an RFA aged one. Well Frost is damn close. He's signed for another year at a fairly reasonable contact and he will be a 28 year old UFA at the end of the deal.

The Flames gave up a second round pick in the trade for him and Farabee and I think they could easily recoup one if they trade him this year. Personally, despite his relatively impressive play this season, I do not see him as a core piece of the future.

Frost is definitely a trade target for teams that miss out on Kadri. I think he's pretty underrated around the league, however, he is not a play driver and would thrive with wingers that can control the game.

I think he shouldn't be on the block unless someone really knocks our socks off with an offer. We can pump up his value *if* Kadri is dealt. I guess if Kadri isn't dealt this TDL (which in my opinion he should be), then at least Frost should go if the team in need of a top 6/middle 6 center is wanting to give up assets for someone of lesser skill but a better age. I would say Frost is not too far off from Kadri's value based on age and not hitting his prime yet.

[Vinny01]

Frost seems like a decent rental to flip next season. Unless there is an overpay no need to rush him out as he could prove to be more valuable next year.

[Muta]

Am I one of the few that wants to keep Frost? Cost controlled young-ish centre that could maybe still reach a higher potential. If not, he's a great third-line centre and with Backlund retiring soon, Frost will be a vet in the next couple years and seems like a terrific replacement for Backlund's role.

I get that if you can get value for him, you have to consider it, but Frost seems to be least of our worries right now, no?

[traptor]

I would take
2028 1st + 2027 2nd + Noah Chadwick for Rasmus.

If the choice is 2028 1st or Cowan, I think I take the 1st.


Frost won't return alot. He's probably better as a stop gap solution for us. We're still going to need players.

[SuperMatt18]

The other rumor was the Leafs actually want to move on from Carlo.

I do wonder if something like Carlo + Cowan for Anderson + ??? would be an option.

Maybe there is more to this Kerins call up than meets the eye too...he was a Treliving draft pick.

Carlo + Cowan for Andersson + Kerins?

Personally I don't love that but it's something I could see happening.

Buffalo also reportedly had interest in Carlo for Peterka...and Power reportedly wants out...so maybe you could then package Carlo + VGK 1st + ??? to try to get Power

[dammage79]

Originally Posted by SuperMatt18

The other rumor was the Leafs actually want to move on from Carlo.

I do wonder if something like Carlo + Cowan for Anderson + ??? would be an option.

Do we need another RHD? Maybe flip him elsewhere.