NHL trade board 2024-25: The latest on all the top targets from Chris Johnston

21 November 2024Last Update :
NHL trade board 2024-25: The latest on all the top targets from Chris Johnston

NHL executives didn’t even need to wait for the Thanksgiving turkey to be served before seeing the trade market start to take some early shape.

Talks have been brisk well in advance of a holiday that tends to serve as the unofficial point at which front offices begin to take stock of their standing and look around for solutions and improvements.

The early-season struggles have been especially pronounced for the Nashville Predators and Boston Bruins, the latter firing coach Jim Montgomery this week less than two years after he won the Jack Adams Award as the league’s top coach. The possibility of personnel changes now hangs in the air.

There are a lot of games still to be played before we sort out the league-wide buyers and sellers ahead of the March 7 trade deadline, but it’s not too soon to start sketching out where things could be headed.

For the first time in 2024-25, it’s the return of the Big Board.


Note: Net Ratings and market values are via Dom Luszczyszyn’s model and are projected for the full season based on statistics through Nov. 19. Goals saved above expected (GSAx) are via Evolving-Hockey, also through Nov. 19. Contract info is via CapWages.


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1

Ivan Provorov

Profile
Position
D
Shoots
Left
Age
27
Contract term
2025 UFA
AAV
$4.725 million

Now into his ninth NHL season of averaging at least 22 minutes per night, this all-situations defender is delivering strong play-driving results for a Blue Jackets team that has been more competitive than many were expecting through a quarter of the schedule. Still, the rebuild is on in Columbus and Provorov is a pending unrestricted free agent. A left-shot defenseman who is comfortable playing on both sides of the ice, Provorov carries an attractive cap hit of $4.725 million and will likely net the Blue Jackets a first-round pick before the deadline.

Market value
$3.8 million
Player type
All-situations defender
Net rating
D
2

Marcus Pettersson

Profile
Position
D
Shoots
Left
Age
28
Contract term
2025 UFA
AAV
$4.025 million

Rangy and reliable, there’s nothing flashy about Pettersson’s game. But he has proven in recent years that he can handle 20-plus minutes per night while helping drive play at even strength and should be able to slot in as a second-pairing defenseman on a competitive team. Penguins general manager Kyle Dubas has a big project on his hands, but Pettersson is his most attractive asset to peddle at this year’s deadline — assuming his legacy players with no-movement clause remain untouchable.

Market value
$3.8 million
Player type
Reliable second-pair defenseman
Net rating
D
3

Cam Fowler

Profile
Position
D
Shoots
Left
Age
32
Contract term
2026 UFA
AAV
$6.5 million

A mainstay on the Anaheim blue line for 15 years and more than 1,000 games, Fowler is feeling the ground shift beneath his feet with five defensemen aged 25 or younger currently playing alongside him in the Ducks lineup. When you couple that with the fact he has one year beyond this one remaining on his contract at a $6.5 million cap hit, the conditions may be ripe for him to move to a team in a more advanced stage of its competitive window. Fowler and the Ducks will need to work closely on any potential move since the player owns a four-team trade list. However, there’s no reason to expect him to use that to block a trade.

Market value
$800,000
Player type
Veteran all-around defenseman
Net rating
D
4

Taylor Hall

Profile
Position
F
Shoots
Left
Age
33
Contract term
2025 UFA
AAV
$6 million

The alarm bells started to sound when Hall was scratched for a game last week. He’s struggled to regain form after missing most of last season due to a knee injury, but NHL Edge data shows that one of his strongest attributes — his powerful skating stride — remains. Hall’s top speed of 22.46 miles per hour is well above league average. With the Blackhawks on a trajectory for another spin in the draft lottery and Hall a pending UFA in the later stages of his career, the veteran winger will likely be on the move again.

Market value
$3.6 million
Player type
Aging former MVP
Net rating
F
5

Mikael Granlund

Profile
Position
F
Shoots
Left
Age
32
Contract term
2025 UFA
AAV
$5 million

Producing at nearly a point per game across the past two seasons in San Jose, the biggest question for any potential suitor here is fit. As in: Where does Granlund fit on a deeper roster? He’s been the Sharks’ top-line center. Still, there isn’t much risk with a rental on an expiring contract who boasts more than 50 games of playoff experience. Granlund is a versatile forward with good vision who not only has a strong track record of power-play production but also kills penalties.

Market value
$5.1 million
Player type
Proven scorer and playoff vet
Net rating
F
6

Frank Vatrano

Profile
Position
F
Shoots
Left
Age
30
Contract term
2025 UFA
AAV
$3.65 million

The goals have been much harder to come by this season for a guy coming off a career-best 37-goal season, but a look under the hood suggests that Vatrano’s luck should eventually change. He’s still generating more than three shots on goal per game. Vatrano has always had a nose for the net and carries a competitive toolbox that makes him useful no matter where he’s deployed in the lineup. He’s also playing on an affordable, expiring contract.

Market value
$4.2 million
Player type
37-goal scorer (in 2023-24)
Net rating
F
7

Trevor Zegras

Profile
Position
F
Shoots
Left
Age
23
Contract term
2026 RFA
AAV
$5.75 million

Something might eventually have to give here. The Ducks are demanding more attention to detail from the offensive specialist, and they’re getting it, but Zegras is still searching for a way to hang on to the parts of his game that once separated him. Remember that he already has two 60-point campaigns under his belt at age 23. The production has dried up, as has some of the player’s enthusiasm.

Market value
$2.8 million
Player type
Post-hype distressed asset
Net rating
F
8

David Jiricek

Profile
Position
D
Shoots
Right
Age
20
Contract term
2026 RFA
AAV
$918,333

Jiricek’s introduction to pro hockey has been anything but stable. The No. 6 pick from 2022 has volleyed between the AHL and NHL while struggling to find consistent playing time for two-plus years, and he was just farmed out to AHL Cleveland yet again. As a 6-foot-4 right-shot defenseman, his physical attributes are tantalizing and his potential ceiling is considerable. But he still needs to develop. The Blue Jackets are open to listening on offers to give him a fresh start.

Market value
$800,000
Player type
Big young defender with upside
Net rating
D
9

Rasmus Ristolainen

Profile
Position
D
Shoots
Right
Age
30
Contract term
2027 UFA
AAV
$5.1 million

The retooling Flyers are short on rental players to take to market in the lead-up to the deadline, but they could probably be compelled to part with the big, physical defenseman if the right deal came along. Ristolainen plays a rugged style best suited for third-pairing duty. With a contract that stretches two seasons beyond this one, some salary retention might be needed to make a trade work.

Market value
$3.2 million
Player type
Rugged veteran defenseman
Net rating
D
10

Brad Marchand

Profile
Position
F
Shoots
Left
Age
36
Contract term
2025 UFA
AAV
$6.125 million

This is not a player we expected to find on the Big Board, even if he’s currently playing out the final year on his contract. But as a league source noted this week, “I don’t think anyone in Boston thought this is where they’d be at.” If the decision to replace Jim Montgomery with Joe Sacco behind the Bruins bench doesn’t produce the desired results, some difficult personnel decisions will almost certainly follow. Marchand has had a slow start to the season after a summer during which he underwent multiple surgeries, but he remains a high-end winger who can contribute offensively, kill penalties and, yes, get under an opponent’s skin.

Market value
$8.1 million
Player type
Star winger struggling early
Net rating
F
11

Trent Frederic

Profile
Position
F
Shoots
Left
Age
26
Contract term
2025 UFA
AAV
$2.3 million

You can add his name to the long list of underperforming Bruins, but it’s worth noting that Frederic is only months removed from an 18-goal, 40-point breakout campaign. He’s a big man who skates well and can effectively be deployed as a checker. Boston’s not in sell mode yet, but should it reverse course later this season, Frederic would be a valuable trade asset.

Market value
$3.1 million
Player type
Checker who can score
Net rating
F
12

Mathieu Olivier

Profile
Position
F
Shoots
Right
Age
27
Contract term
2025 UFA
AAV
$1.1 millon

A rough-and-tumble winger who boasts an impressive fight card, Olivier has caught the attention of at least a couple of NHL teams currently eyeing potential depth forward options. The 27-year-old pending UFA has even managed to chip in more than his share of expected goals early this season. But what makes him most attractive is his size, strength and willingness to embrace an energy role. Olivier is built for playoff hockey.

Market value
$1.1 million
Player type
Rough-and-tumble energy winger
Net rating
F
13

Radek Faksa

Profile
Position
F
Shoots
Left
Age
30
Contract term
2025 UFA
AAV
$3.25 million

A shutdown forward who can be trusted in bottom-six duty, Faksa is typically reliable in the faceoff dot and as part of the penalty kill. While he doesn’t bring much offensive pop at even strength, he holds appeal as a rental option who has experienced a couple of long playoff runs in the past.

Market value
$1.5 million
Player type
Bottom-six center
Net rating
F
14

Yanni Gourde

Profile
Position
F
Shoots
Left
Age
32
Contract term
2025 UFA
AAV
$5.167 million

What he lacks in size he makes up in tenacity and feistiness. Gourde is a strong skater and two-way player who owns a couple of Stanley Cup rings from his time with Tampa Bay. His offensive numbers are down to start this season, but he’ll draw attention if Seattle fades from the playoff picture as we get closer to the trade deadline.

Market value
$3.5 million
Player type
Feisty playoff performer
Net rating
F
15

Marco Rossi

Profile
Position
F
Shoots
Left
Age
23
Contract term
2025 RFA
AAV
$863,334

While certainly not a player the Wild are under pressure to trade, they are facing a decision on Rossi. He’s a pending restricted free agent, and Minnesota needs to determine if it’s ready to commit long-term to a diminutive winger with elite offensive instincts and playmaking abilities. Rossi is off to a strong start this season for a Wild team punching above its weight class. He’s a candidate to be included in a player-for-player swap.

Market value
$4.5 million
Player type
Young center with scoring upside
Net rating
F
16

Rickard Rakell

Profile
Position
F
Shoots
Right
Age
31
Contract term
2028 UFA
AAV
$5 million

Off to a reasonably good start for the underperforming Penguins, Rakell has strong finishing ability and can hold his own alongside highly skilled linemates. The challenge in moving him comes in the form of a contract that extends three years beyond this one — albeit at a reasonable price in a rising cap environment.

Market value
$7.9 million
Player type
Veteran skill-line forward
Net rating
F
17

Gustav Nyquist

Profile
Position
F
Shoots
Left
Age
35
Contract term
2025 UFA
AAV
$3.185 million

Unless Nashville can pull itself out of a significant hole, Nyquist will become a trade chip of note. He’s coming off a 75-point season at age 34 — the most productive year of his NHL career — and playing on an expiring contract. Nyquist is a talented playmaker who remains a strong skater and isn’t showing any obvious signs of slowing down.

Market value
$5.5 million
Player type
Veteran playmaker
Net rating
F
18

Will Borgen

Profile
Position
D
Shoots
Right
Age
27
Contract term
2025 UFA
AAV
$2.7 million

A smart right-shot defenseman with good size, Borgen holds appeal as a potential rental. Historically, he’s been a good shot suppressor on the penalty kill — although the results aren’t quite as favorable in that area so far this season. He’s a good skater in the prime of his career.

Market value
$1.6 million
Player type
Penalty killer with size
Net rating
D
19

Mike Matheson

Profile
Position
D
Shoots
Left
Age
30
Contract term
2026 UFA
AAV
$4.875 million

With this season plus one more left on the contract of the left-shot defenseman, the Canadiens are in position to gauge the marketplace and see if anything out there makes sense. Matheson is a strong skater coming off a 62-point season so that added term should theoretically increase the return compared to if they wait another year to make a decision. Another consideration to be weighed is how removing Matheson from the equation might affect the well-stocked pipeline of young defensemen in the Canadiens organization. He’s currently playing more than 24 minutes per night.

Market value
$6.3 million
Player type
Strong-skating veteran defender
Net rating
D
20

Brock Nelson

Profile
Position
F
Shoots
Left
Age
33
Contract term
2025 UFA
AAV
$6 million

Nelson is a big, sturdy forward who has scored at a 35-goal pace across the past three seasons. He can be slotted as a second-line center or slide into a wing spot on the top line. As a pending unrestricted free agent, he’s exactly the kind of difference-maker contending teams would be falling over themselves to get their hands on if — and it remains a massive if — the Islanders fade from the playoff picture and choose to move him before the trade deadline. That organization has a healthy track record of keeping its own. Stay tuned.

Market value
$7.9 million
Player type
Big veteran second-liner
Net rating
F
21

Brandon Saad

Profile
Position
F
Shoots
Left
Age
32
Contract term
2026 UFA
AAV
$4.5 million

Power forwards with strong playoff resumes don’t grow on trees. Saad’s best days may be behind him, but he still profiles as a complementary winger who can chip in with a little offense and handle a hard game. He’s got one season beyond this one remaining on his contract, but he seems better suited for a Cup-chasing team than the retooling Blues.

Market value
$3.1 million
Player type
Power forward and playoff vet
Net rating
F
22

Cody Ceci

Profile
Position
D
Shoots
Right
Age
30
Contract term
2025 UFA
AAV
$3.25 million

Traded from Edmonton to San Jose over the summer in a cap-clearing move, it’s hard to imagine the veteran right-shot defenseman finishing out this campaign with the cellar-dwelling Sharks. Not only is he a pending unrestricted free agent, but he’s also shown himself capable of handling the rigors of playoff hockey during three runs with Edmonton. Most notably, he was an important part of the penalty kill that was a massive difference-maker for the Oilers in the spring. While Ceci has his detractors, his blend of experience and defensive attributes should hold some appeal to teams looking for added depth before the playoffs.

Market value
$1.9 million
Player type
Depth D and penalty killer
Net rating
D
23

Nick Bjugstad

Profile
Position
F
Shoots
Right
Age
32
Contract term
2025 UFA
AAV
$2.1 million

Reliable right-shot centers who can fill a depth role always have currency come deadline. Bjugstad has shown that before — getting traded in 2022 from Arizona to Edmonton in a deal that brought back a third-round pick and defenseman Michael Kesselring — and he’s trending toward being that kind of asset again for Utah HC. He’s reliable play driver who profiles as an ideal bottom-six utilityman.

Market value
$3.7 million
Player type
Bottom-six utility man
Net rating
F
24

John Gibson

Profile
Position
G
Age
31
Contract term
2027 UFA
AAV
$6.4 million

A Big Board mainstay, this may finally be the season Gibson finds his way back to a competitive team. He’s lost the No. 1 job in Anaheim to Lukáš Dostál and is inching ever closer to the end of a contract with two years remaining on it after this one. That’s been the biggest impediment to finding him a new home. While Gibson’s numbers in recent seasons don’t jump off the page in a positive way, they should be viewed with the understanding he’s played behind some horrific defensive teams. How the veteran might perform under better conditions is unknown, but it’s potentially a compelling enough possibility for someone to roll the dice.

Player type
Former ace in need of a fresh start
Goalie stats
G
25

Bowen Byram

Profile
Position
D
Shoots
Left
Age
23
Contract term
2025 RFA
AAV
$3.85 million

The Sabres certainly aren’t shopping the 23-year-old defenseman, but he may be the piece they have to put in play in order to make a significant shakeup. Byram is an elite skater who can log big minutes and should still have his best and most productive seasons ahead. He’s also due for a new contract after the season as a pending restricted free agent. The Sabres control his rights, but they’re a team with a lot of money and years already tied up in their blue line, so decisions are looming.

Market value
$3.8 million
Player type
Blue-chip prospect
Net rating
D

(Top graphic: Dan Goldfarb / The Athletic, with photos of Brock Nelson, Brad Marchand and Taylor Hall from Josh Lavallee, Steve Babineau and Patrick McDermott / Getty Images)