2025/2026 Season Trade Rumours and Speculation Thread

[Badgers Nose]

Sample00, I can see why a Leafs reporter would dream that up, but it’s a horrible deal for the Flames.

Also, Ras says he won’t extend early. He can probably pick a club with higher probability of winning.

[Vinny01]

Originally Posted by Sample00

I don’t have X or Twitter but my son relayed this to me. Apparently from some Leafs reporter.


“Leafs acquire: Andersson(with a 8-10 million dollar extension), Kadri some salary retained and possibly and maybe Zary

Flames acquire: Brandon Carlo, Matthew Knies and either the 2028 1st round pick or a 2nd round pick”

Cap dump to take on Kadri and Andersson contracts

Because Brad Treliving is dead set on Andersson being the defence man Toronto has been missing and also loved Kadri that’s why he went hard after him in free agency.

He clearly had a vision in Calgary and wants to sprinkle it in with the Leafs. Toronto also doesn’t have any 1st round picks this year or next so he had to throw in something valuable to bring that vision to Toronto. Plus Treliving did the same thing with Sam Bennett too didn’t see him as a fit so traded him

Kadri and Andersson are both a first round pick each.

Taking a hefty contract for a struggling defenceman from Toronto in Carlo is also added value in the Flames favour.

Toronto doesn’t have any high picks
So they’ll have to trade a young guy who can score like Knies to get both Kadri and Andersson benefits both teams really. Calgary needs scoring and we’re also interested in Carlo this past free agency I believe. They can afford the contract moving the two

Like I said. I don’t have X just relaying what my kid told me


Sent from my iPhone using Tapatalk

This is all fan fiction.

I wouldn’t like that deal anyway especially if the Flames are retaining on Kadri. Carlo has never been a UFA so there is no past interest I am aware of? He is a late 20’s player and would be pointless to re-sign. He would be flipped again.

Value is probably fair but this doesn’t seem like the type of deal the flames should make.

[Vinny01]

Originally Posted by Badgers Nose

FYP. Too many moving parts.

Pump and dump Carlo.

I feel like that would be a fleecing by the Flames

[Roko]

Originally Posted by Sample00

I don’t have X or Twitter but my son relayed this to me. Apparently from some Leafs reporter.


“Leafs acquire: Andersson(with a 8-10 million dollar extension), Kadri some salary retained and possibly and maybe Zary

Flames acquire: Brandon Carlo, Matthew Knies and either the 2028 1st round pick or a 2nd round pick”

Cap dump to take on Kadri and Andersson contracts

Because Brad Treliving is dead set on Andersson being the defence man Toronto has been missing and also loved Kadri that’s why he went hard after him in free agency.

He clearly had a vision in Calgary and wants to sprinkle it in with the Leafs. Toronto also doesn’t have any 1st round picks this year or next so he had to throw in something valuable to bring that vision to Toronto. Plus Treliving did the same thing with Sam Bennett too didn’t see him as a fit so traded him

Kadri and Andersson are both a first round pick each.

Taking a hefty contract for a struggling defenceman from Toronto in Carlo is also added value in the Flames favour.

Toronto doesn’t have any high picks
So they’ll have to trade a young guy who can score like Knies to get both Kadri and Andersson benefits both teams really. Calgary needs scoring and we’re also interested in Carlo this past free agency I believe. They can afford the contract moving the two

Like I said. I don’t have X just relaying what my kid told me


Sent from my iPhone using Tapatalk

I hope not. Kadri is way more valuable than that

[Enoch Root]

Originally Posted by Sample00

I don’t have X or Twitter but my son relayed this to me. Apparently from some Leafs reporter.


“Leafs acquire: Andersson(with a 8-10 million dollar extension), Kadri some salary retained and possibly and maybe Zary

Flames acquire: Brandon Carlo, Matthew Knies and either the 2028 1st round pick or a 2nd round pick”

Cap dump to take on Kadri and Andersson contracts

Because Brad Treliving is dead set on Andersson being the defence man Toronto has been missing and also loved Kadri that’s why he went hard after him in free agency.

He clearly had a vision in Calgary and wants to sprinkle it in with the Leafs. Toronto also doesn’t have any 1st round picks this year or next so he had to throw in something valuable to bring that vision to Toronto. Plus Treliving did the same thing with Sam Bennett too didn’t see him as a fit so traded him

Kadri and Andersson are both a first round pick each.

Taking a hefty contract for a struggling defenceman from Toronto in Carlo is also added value in the Flames favour.

Toronto doesn’t have any high picks
So they’ll have to trade a young guy who can score like Knies to get both Kadri and Andersson benefits both teams really. Calgary needs scoring and we’re also interested in Carlo this past free agency I believe. They can afford the contract moving the two

Like I said. I don’t have X just relaying what my kid told me


Sent from my iPhone using Tapatalk

Salaries work, so no cap dump would be required and no retention required.

So essentially, it's Kadri for Knies and Andersson for 1st + Carlo

If TO wants retention on Kadri on top of that, they would need to add more (2nd or 3rd or whatever)

I would rather trade each guy individually for picks, but I wouldn't hate this deal because Knies is a good add, includes a 1st that could turn out to be really good, and they can always flip Carlo at the deadline.

[Royle9]

Originally Posted by Vinny01

Who is saying Sharangovich is tradeable? Would love to get out of that deal.

Can’t remember if it was Dredger or Noodles

They didn’t say he’d be worth much but definitely movable if CGY wanted.
Young forward, shown he can score, said lots of teams would look at their system/coaches and see if they can turn him around.

I don’t think they’re wrong either.

[Vinny01]

A little article written about Treliving trying to trade with the Flames and ownership not wanting to deal with the Leafs

https://www.hockeybuzz.com/2025/11/1...-saving-grace-

[Enoch Root]

Flames could retain $2m on Kadri to give TO a little wiggle room, and the Leafs add Cowan

That's an interesting trade

Knies + Carlo + Cowan + 1st ($11.2M) for Andersson + Kadri $2m retained ($9.55M)

I would do that

[Badgers Nose]

Originally Posted by Vinny01

I feel like that would be a fleecing by the Flames

It’s definitely a ‘need to win now’ trade for the Leafs.

Cowan is a B prospect. The first should be 20-30 range if Leafs continue the way they have performed the last 5 years or so, we’d be betting they don’t. Carlo is a cap dump.

Ras is worth a 1st and prospect. We retain, so the retention and taking on Carlo probably is worth something extra.

You are right, Sharky puts it over plus they can’t fit his contract. So maybe a another pick for us.

Ras retained 50% for

Carlo, Cowan, 2028 1st, and another pick?

[Vinny01]

Originally Posted by Enoch Root

Flames could retain $2m on Kadri to give TO a little wiggle room, and the Leafs add Cowan

That's an interesting trade

Knies + Carlo + Cowan + 1st ($11.2M) for Andersson + Kadri $2m retained ($9.55M)

I would do that

Feels like it is tilted pretty significantly in the Flames favor. Zary in that deal would make it a little more realistic.

[Enoch Root]

Originally Posted by Vinny01

Feels like it is tilted pretty significantly in the Flames favor. Zary in that deal would make it a little more realistic.

adding Zary screws the cap situation

[GioforPM]

Originally Posted by Vinny01

Feels like it is tilted pretty significantly in the Flames favor. Zary in that deal would make it a little more realistic.

I dunno - Leafs are getting the best player in the deal, retained.

[Enoch Root]

Originally Posted by GioforPM

I dunno - Leafs are getting the best player in the deal, retained.

Leafs are getting TWO key players, and some salary cap room

[Vinny01]

Originally Posted by Badgers Nose

It’s definitely a ‘need to win now’ trade for the Leafs.

Cowan is a B prospect. The first should be 20-30 range if Leafs continue the way they have performed the last 5 years or so, we’d be betting they don’t. Carlo is a cap dump.

Ras is worth a 1st and prospect. We retain, so the retention and taking on Carlo probably is worth something extra.

You are right, Sharky puts it over plus they can’t fit his contract. So maybe a another pick for us.

Ras retained 50% for

Carlo, Cowan, 2028 1st, and another pick?

Makes no sense for Toronto. All of their assets to go from Carlo to Andersson? I can’t see them doing that.

[browntrout]

Originally Posted by Vinny01

This is all fan fiction.

I wouldn’t like that deal anyway especially if the Flames are retaining on Kadri. Carlo has never been a UFA so there is no past interest I am aware of? He is a late 20’s player and would be pointless to re-sign. He would be flipped again.

Value is probably fair but this doesn’t seem like the type of deal the flames should make.

The more I look at the proposal, maybe, both teams are getting something they both need, I think Calgary would take a flyer on that 2028 pick, they did it was Vegas, that could pay off, big time, if the 2028!is a good draft, with maybe the pick being in the top 15. In the end they only lose Andersson and Kadri, two older players that were not part of their future .

[dammage79]

Flames won't trade with the Leafs. Nor should they given the history of Leafs/Flames trades

If any team in the history of trading with Toronto had the right to make them pay through the nose in a trade, it's CGY.

[Enoch Root]

Kadri is a huge asset for any team that considers themselves a contender. He is a 1B center. For any team with a top #1 C, he is an exceptional #2 C

[Vinny01]

Originally Posted by GioforPM

I dunno - Leafs are getting the best player in the deal, retained.

Knies is a better asset than Kadri. Toronto trading all their chips and young pieces for Kadri and Andersson? I would be into that deal because that 28 pick would almost certainly be in the lottery.

[Enoch Root]

Originally Posted by Vinny01

Knies is a better asset than Kadri. Toronto trading all their chips and young pieces for Kadri and Andersson? I would be into that deal because that 28 pick would almost certainly be in the lottery.

Toronto has no future, they have no picks and few prospects. They only have one reasonable strategy, and that is to push the rest of their chips in, and try to win with the hand they have with Matthews.

They will be in a total rebuild in 2-5 years regardless, so what difference does trading Knies make at the end of the day? (assuming they think Kadri and Andersson are enough to push them into full contention)

(BTW... I also don't think they trade Knies, I am just discussing the proposal above that included him)

[Vinny01]

Knies just turned 23 less than a month ago. He had 29 goals and 58pts last year and is on pace for 100pts almost a quarter of the way in the season. He is not getting traded with all their other chips for Andersson and Kadri.