NHL trade season is well underway. There have been significant trades going back to the fall but the “trade season” really kicked off in a big way in December when the Vancouver Canucks sent Quinn Hughes to the Minnesota Wild.
We’ve been dishing out Trade Grades analysis ever since. Here they all are so far, with many more to come ahead of the 3 p.m. ET deadline on March 6.
Maple Leafs get a win in sending Nicolas Roy to Avalanche
Avalanche get: Center Nicolas Roy Maple Leafs get: First-round pick in 2027 (top 10 protected), conditional fifth-round pick in 2026
Maple Leafs grade: A+Avalanche grade: C
Oilers make win-now bet on Jason Dickinson, Blackhawks get great return
Oilers get: Centre Jason Dickinson, forward Colton Dach Blackhawks get: Forward Andrew Mangiapane, first-round pick in 2027
Mammoth make a smart bet on MacKenzie Weegar, boosting their blue line
Mammoth get: Defenseman MacKenzie Weegar Flames get: Defenseman Olli Määttä, prospect Jonathan Castagna and three 2026 second-round picks
Mammoth grade: A- Flames grade: B+
Tyler Myers fills an obvious need for Stars at a reasonable price
Stars get: D Tyler Myers Canucks get: Second-round draft pick in 2027, fourth-round pick in 2029 (also retain 50 percent of Myers’ remaining contract)
Stars grade: B+ Canucks grade: B+
Wild pay big for size and grit of center Michael McCarron
Wild get: Center Michael McCarron Predators get: 2028 second-round draft pick
Wild grade: C+ Predators grade: A+
Connor Murphy worth the price to improve Oilers’ blue line, penalty kill
Oilers get: Defenseman Connor Murphy Blackhawks get: Second-round draft pick in 2028 (and retain half of Murphy’s $4.4 million salary-cap hit)
Oilers grade: A- Blackhawks grade: B+
Avalanche pay a premium to get Brett Kulak from Penguins
Avalanche get: Defenseman Brett Kulak Penguins get: Defenseman Samuel Girard, second-round pick in 2028
Artemi Panarin is the offensive threat the Kings needed
Kings get: Left winger Artemi Panarin Rangers get: Prospect Liam Greentree, conditional third-round pick
Kings grade: B+ Rangers grade: D
Devils clear cap space with Palat trade, Islanders get depth, draft capital
Islanders get: Ondrej Palat, 2026 third-round pick, 2027 sixth-round pick Devils get: Maxim Tsyplakov
Devils grade: A- Islanders grade: B-
Sharks get Kiefer Sherwood from Canucks without giving up a first-rounder
Sharks get: Left wing Kiefer Sherwood Canucks get: Second-round pick in 2026, second-round pick in 2027, defenseman Cole Clayton
Sharks grade: B+ Canucks grade: B
Andersson adds punch to Vegas’ blue line, but did Flames get enough?
Golden Knights get: Defenseman Rasmus Andersson, with 50 percent salary retained Flames get: Defenseman Zach Whitecloud, 2027 first-round pick (top-10 protected), conditional 2028 second-round pick (will become a 2028 first if the Golden Knights win the Stanley Cup in 2026), prospect defenseman Abram Wiebe
Vegas grade: A- Calgary grade: B-
Phillip Danault makes sense for Canadiens — despite obvious red flag
Canadiens get: Forward Phillip Danault Kings get: 2026 second-round pick
Canadiens grade: B+ Kings grade: C+
Wild get Quinn Hughes, enter win-now mode with a great but costly deal
Wild get: Defenseman Quinn Hughes Canucks get: Forward Marco Rossi, forward Liam Öhgren, defenseman Zeev Buium and a 2026 first-round draft pick
Wild grade: A Canucks grade: C+
