3/5/26: Parayko has declined to waive his no-trade clause to join the Sabres, according to Sportsnet’s Elliotte Friedman. As a result, as The Athletic’s Pierre LeBrun noted, the reported trade will not happen.
On Frankly Hockey, Frank Seravalli indicated that Parayko is open to a trade from St. Louis, but will not accept a move to Buffalo, specifically. As frustrating as it may be for both clubs, it is Parayko’s right to dictate where he goes, given the no-trade protection in his contract.
Following Seravalli’s report, ESPN’s Kevin Weekes indicated that Parayko would prefer to stay in the Western Conference. Weekes specifically mentioned the Anaheim Ducks and Los Angeles Kings, though neither club has any known interest in adding another defenseman.
It’s unknown at this time if Mrtka and a first-round pick were the only pieces that would have headed to the Blues in the deal. If that’s the case, Buffalo had the opportunity to amass arguably the best defensive corps in the league.
Missing out on a player of Parayko’s stature will sting, but there are a few remaining options for the Sabres. Justin Faulk, Oliver Ekman-Larsson, and Logan Stanley, among others, are all options currently on the market that Buffalo could target. Depending on how long Buffalo negotiated with the Blues, it wouldn’t be surprising to see them turn around and acquire Faulk.
Unfortunately, it does paint a negative picture for Buffalo. Despite the team being on fire this year and heading toward the postseason for the first time in a decade, they are still having trouble encouraging outside talent to join the team. Factoring in Seravalli’s report, it’s clear that Parayko simply didn’t want to head to New York.
Meanwhile, it’s not the best situation for St. Louis either. There’s no reporting on how many teams are interested in Parayko. If they’re unable to move him before the deadline tomorrow, it’ll become awkward at the very least. While it remains a business decision, Parayko’s connection to the community may lead to feelings of animosity regarding the situation, particularly since the trade was leaked before he had a chance to approve it.
Things can and will change fast this time of year. Over the last few days, Parayko and Tyler Myers have each had their names leaked in trade conversations, only to veto the trade. Still, given that he’s willing to consider different clubs, it wouldn’t be surprising to see Parayko approve a trade somewhere else.
3/4/26: According to TSN’s Darren Dreger, the Buffalo Sabres are moving toward acquiring defenseman Colton Parayko from the St. Louis Blues. Dreger noted that the trade is still being finalized and that both teams are waiting to see if Parayko will waive his no-trade clause to join the Sabres. Dreger later added that defensive prospect Radim Mrtka and a first-round pick will be a part of the deal. Insider Frank Seravalli reported that the framework of the trade is complete, but Parayko has not yet signed off on it.
It would obviously be a seismic trade for the Sabres, especially if nothing is coming off the NHL roster. Buffalo already has Bowen Byram, Rasmus Dahlin, Owen Power, and Mattias Samuelsson in the top four of their defensive corps. Parayko has been on the top pairing in St. Louis for nearly a decade, and is signed through the 2029-30 season at an affordable $6.5MM salary.