What the Edmonton Oilers will do at the 2026 NHL trade deadline | Way too early predictions

What the Edmonton Oilers will do at the 2026 NHL trade deadline | Way too early predictions

Sure, it’s the dead of summer. There’s no hockey news other than weddings and honeymoons. But on today’s edition of Lockdown Oilers, preview the 2026 NHL trade deadline. You are Locked On Oilers, your daily podcast on the Edmonton Oilers, part of the Locked On podcast network, your team every day. everyone and welcome to this Thursday edition of Locked on Oilers. I am your host Nick Zores. This upcoming fall will be my fourth season as a host on the Locked On podcast network and I want to thank everyone that is making Locked on Oilers their first listen of the day. Locked on Oilers is a part of the Locked On Network where we’ve got your team covered every day. And today’s show is brought to you by our friends over at FanDuel. Football season is right around the corner. Visit the FanDuel app today. start planning your futures. That’s now on today’s very ludicrous edition of Locked on Oilers, we’re going to talk about pending unrestricted free agents and why I think this is a fun exercise to do in the debt of summer when there’s not a whole lot going on. So, we’re going to open up our show by just talking about some of the names that are, at least as of this recording, pending unrestricted free agents in the summer of 2026. Of course, this class is headlined by Conor McDavid, who unless the Oilers are out of a playoff spot, and he has not signed an extension, which I do believe he will, will be interesting to say the least. I think we will start with just the lay of the land. I have five names, five and a half if we include McDavid written down. I have a second segment titled what happens at the deadline trying to piece together what the Oilers might need, what players might become available, and then in our final segment, I will make a best guess as to what the Oilers will actually do, and then we can go back and fact check this next March. So, to start things out, you have to look at the pending unrestricted free agents as the baseline for the trade deadline. And occasionally guys get traded with team control. I think in an ideal world if you know you’re Stan Bowman, you looked at Jake Walman and said, “Well, we don’t know what Matias Akholm is going to be going into the future.” And we can never have enough talent. And if we get Jake Walman in here for a playoff run and a full season to evaluate, then I have enough information to make a decision as to whether or not we want to keep Jake Walman longterm and look at him as our long-term Matias at home replacement or if we think he might be a bit expensive for our price point and after having him inhouse for a full season and a playoff run, hopefully two full playoff runs, you will have a pretty good understanding of what Jake Walman can do as an Edmonton Oiler. you will have enough actionable information to decide one way or another whether or not you would like to keep him. But for the most part, we are going to be talking about unrestricted free agents because we come down to a very simple question. If you cannot get him signed, are you okay with letting this player walk for nothing? We see this happen from time to time. The most glaring and the biggest superstar to reach unrestricted free agency in recent memory is of course Mitch Mner this past summer. And look, Mitch Mner sign and trade situation, it’s a little bit funky there with Vegas, but ultimately Mitch Mner was an unrestricted free agent technically speaking because he was able to leverage where he wanted to be traded to and get that extra year of team control. Okay, for the most part though, really good players are going to get traded in season. You think about the choice the Colorado Avalanche were presented with last year where they looked around and said, “Well, we don’t feel great about what Miko Rantinon is asking for us. Can we get something back in return to keep us competitive this year?” And that’s the first real challenge you come to when you are a team with a player on an expiring contract because if you’re trying to win that given season, it becomes a existential question. Can we be competitive with what we get to replace this guy? And in the case of Colorado, Dra Jack Drury and Marty Nes did reasonably good jobs. Now, neither player as an individual is anything close to what Miko Ranin is, but those are two pretty good players. And then you think about the subsequent trade the Avala, excuse me, the Hurricanes and the Dallas Stars made for Miko Ranin headlined by Logan Stankin going to Carolina. You think about Jake Gensel going to Carolina a couple years ago from the Pittsburgh Penguins. You think about Brad Marshian going from the Bruins to the Panthers. Those pending unrestricted free agents are the players who have the most liquidity that you can get them for a short period of time. You can audition them and if you like what you got, you can try and sign them between the time the season ends and the start of free agency on July 1st. The advantage of trading for one of these guys is like I just said, they’re pretty liquid with a little to no commitment tied up to a guy. It puts you in a position where you can just evaluate the performance and go from there. And that brings us to a free agent class next summer that is headlined by some truly remarkable players. Now, as I said at the outset, and I will continue to reiterate, I think Conor McDavid will sign an extension with the Oilers. I think it’ll be for four or five years. He will not be a pending unrestricted free agent at next March’s trade deadline. And even if he were, I think the Oilers would be in the same exact position the Maple Leafs were, where you would not be able to justify trading a player of this caliber because the return you would get would not be enough to maintain your contender status. you would almost be better off pushing your chips on an allin on an expiring player than you would be trying to get 3/4 or 56 of the value back. You know, I I think there’s a strong argument the Avalanche might have been better off just trying to roll with Miko Ranton and ditto for the Hurricanes. Maybe you have Miko Ranton and your fortune changes. And that brings us to some of the other names. Jack Eel, for instance, is somebody who will be an unrestricted free agent next summer. Jack Eel, I think, is going to end up signing an extension to stay in Vegas probably for the rest of his prime, approaching his early 30s, somebody who’s taken really good steps in his game. But Jack Eel, would it be that shocking if Vegas said, “Well, we can rerack. We can get somebody else who’s a little bit younger, maybe a little bit less proven, but we trade Jack Eel. we get some younger pieces and we keep kicking the can down the road and we start to orient our team around the younger pieces on this team like a Mitch Marner like a Noah Hannne and look I know Eel and Hannneathan are best of friends I imagine Jack Eel is going to continue to be the face of the Vegas Golden Knights into the foreseeable future but it’s not implausible that Vegas would look to that Miko Rantinon path of trying to turn him into some younger team controlled assets to effectively sustain their window of contention because Vegas is an older team and they do have to account for that. Other players and the one I do think could be actually available at the trade deadline next March would be our Tammy Paneran. And look, that is very contingent on the Rangers not living up to expectations. And if that’s the case, I think Chris Jur is a lot more inclined to go all in on trying to get a very mediocre Rangers team into the playoffs than he would be trying to recoup value because if the Rangers miss the playoffs next year, there’s a good chance Chris is going to get fired. So, he doesn’t care if he gets draft picks. But there is a world where if the Rangers are smart and they’re a bubble team next year, they try and turn Paneran into assets because Paneran would be the best player traded at the deadline in quite a long time. Somebody who’s easily capable of a point per game season. Someone who is as dynamic as it comes on the wing and somebody who has a lot of value left even as he enters his mid30s. Another player of note and as Oiler fans are well aware as a goalie star of team. Philip Gustoson is an unrestricted free agent next summer, somebody I like a lot, somebody I would be reticent about trading for. Goalie fit is so challenging even when a player has a full off seasonason to acclimate. You think about Jacob Marstrom in New Jersey. I think about some of the big fish trades. You think about Ryan Miller going to the Blues from the Sabres all those years ago, how rough that acclamation was. It is a lot to get used to in a short period of time for a goalie because environment matters so much. So I I would be very reticent about targeting Philip Gustoson, but I do think there’s a world where the Minnesota Wild are maybe a bubble team. And look, the Wild need to make the playoffs next year. Make no mistake about it. I I think the Wild have interesting pieces. I love Carell Capri off who also by me by by uh virtue of this conversation should be mentioned as a pending unrestricted free agent. Though Bill Garin, the general manager of the Wild, has been very adamant that they’re going to do whatever it takes to get that deal done. I I do think there’s a world where the Wild maybe are kind of stuck, for lack of a better word, and because of that, they look to turn Gustoson into something. And look, I think if you are at the point, if you’re Bill Garren where you’re really considering trading Capri off, your team is cooked. So, I don’t think that’ll be the case, but these are players that are available. And then the last one real quick. Kyle Connor up in Winnipeg. Someone who I think to the right team could be a cherry on top push the team over the edge. You know, like if Colorado traded for Kyle Connor at the deadline. If I don’t know, I’m trying to think of an Eastern Conference team. I I don’t think Tampa Bay has the cap space or the roster spot. If Toronto traded for Kyle Connor, it would not be out of the question that Kyle Connor could swing a playoff series on his own. He is that gifted of a hockey player. We are going to take our first break on today’s edition of Locked on Oilers. When we come back, I’m going to walk you through the various thought processes of what each of these teams with unpending unrestricted free agents might do and a whole lot more. So, be sure to stick around to this edition of Locked On Boilers, where we’ve got your team covered every day. August 26th is officially FanDuel Futures Day. A brand new holiday for football fans who live for bold predictions and preseason punches. For just 24 hours, FanDuel is giving you deals on NFL season predictions. So whether you’re calling your MVP, eyeing a long shot division winner, or you’re ready to call Super Bowl champ before the season even starts, this is your moment. So in the futures market, I love the long-term play. I love a little bit of a dart throw. So, if I was going to do a flyer, I would be looking for a quarterback on a good, not great team taking a leap. So, CJ Strad is a good example of somebody I would target because there would be great value on CJ Strad winning MVP. Maybe somebody like Baker Mayfield or Jared Goff in that outside periphery on a good team that maybe elevates their game to another tier. Lamar, Josh Allen, Mahomes, that’s boring. go for the long shot. Or if you’re me and you’re boring, at least in one aspect, I do think the Eagles are going to run it back. They’re clearly the best team in the NFC. And whoever survives the AFC playoffs is going to be dinged up by the time they get to the Super Bowl. If you’re ready to get in on the action and start prepping for Futures Day, visit the FanDuel app and start planning now because Futures Day is one day and one day only. FanDuel, play your game. Thank you to everyone who is hanging out on this Thursday edition of Locked on Oilers, where we are walking through the NHL trade deadline for 2026. And look, real quick, we can walk through this process. So, the way this typically works, if you’re an NHL franchise, you have your pro scouts looking for certain skill sets. You’re not looking at specific players. You have your pro scouts looking at certain skill sets. and you start to assemble your list by December for your trade deadline, which is early March. And after you have that initial round of scouting and you start to get a better understanding of what you’re looking for, then you can start to send guys on specific assignments. You can start to tell them to target specific players. You can start to monitor team situations. you have an understanding of who is and isn’t going to be in the playoff mix and who’s more and more likely to be in the trade market because as we know because the NHL has so much parody as Gary Bman likes to say a lot of teams stay in the mix longer than you think they would and look it’s a double-edged sword competitive teams are going to try and wait as long as possible to execute a trade so they can acrew as much cap space as possible so they don’t have to get rid of a useful player they don’t have to send good players to the a young players to the AHL just to acrew extra space. So, it’s not just a one-way street of too many teams think they’re in the mix even when they’re not. It’s also contenders wanting to wait as long as possible to execute those trades. So, that’s something worth considering as well. So, I went through and sorted by unrestricted free agents on spo track and just started to put together a list and wanted to get a mental understanding of what it would take to move said players. So, to start things out, who goes in for assets and who folds? I think if the Rangers are not in a playoff spot come the trade deadline, they would be absolute fools to not at least listen to what the market is for our Tammy Paneran. And look, I understand why that doesn’t make sense. Chris Drury got his contract extension, signed Mike Sullivan, signed Gabricov, traded KA Andre Miller, all based on this team being ready to compete right now. trading away the team’s best forward is not commiserate with a team trying to win right now. You also, as a general manager, and I said this on yesterday’s show, you need to understand which way the wind is blowing, you need to understand what teams are capable of based on what’s going on around you. So, if you’re the Rangers and you’re stinking up the joint and your defense hasn’t translated the way you thought it would, if the uncertainty past that first pair of Fox and Gabriov struggles, you can’t look at this and say, “Well, we need to make the playoffs or I’m going to get fired.” Well, if you do that, you’re only going to make it worse. And look, it is not in that general manager’s best interest to do what’s best for the team. You know, those are not always the same thing. a general manager on the hot seat is not going to be looking at the long-term health of the organization. I think the fact the Rangers were so adamant about getting rid of Kandre Miller, who very well is probably going to end up providing more value to the Hurricanes than Gabricov does to them purely because, well, we don’t feel good about it. We don’t want to give him a restricted free agent contract. We don’t want to commit to him. That’s great. You feel good about giving a 30-year-old a long-term contract when he doesn’t put up points and you’re going to expect him to maintain strict great physical defense on the premise that he’s not going to age aggressively even though physical defenseman typically age worse. And look, I know I talk a lot about the Rangers at the team. I am unfortunately way too aware of all of the details. Other players of note that fit into those boxes. I think if you’re Minnesota, and I do think there’s a world where Minnesota would be forced into trading Capri off if he were interested in going somewhere else and was pretty adamant about getting there. I think that’s a real difference. If you are a smaller market team and you have a superstar that’s going to reach unrestricted free agency, you know, the Islanders did this with John Tvaris famously where they asked him if he would be willing to accept the trade so they could get something in return for him and Tvaris very much told them, “No, I’d like to see what the market is. I want to stay here. I’m willing to re I’m willing to negotiate to stay here ultimately. Of course, that’s not what happened. But if you get to October, November, and most players don’t want to negotiate as the season’s going along because they don’t want to be a distraction, and they don’t want the distraction themselves, if we’re rolling around and it’s February and Capri off still doesn’t have an extension, you could inspire maybe the biggest arms race I’ve seen at an NHL trade deadline. If Carell Capri off, who’s a fringe heart trophy guy who frankly up until he got injured in December of last year, could have been a heart trophy candidate, if that caliber of player is available, teams would be willing to move almost anything to acquire them. And I think there’s a strong possibility that if Capriolov wanted to go somewhere else or would had his heart set on getting to unrestricted free agency to earn as much money as he possibly could on an annual basis, the Wild would be idiots to not facilitate that because if a guy tells you, I’m getting to unrestricted free agency no matter what or I don’t want to sign here because I want to see what’s out there. as a team like Minnesota that historically has had a bit of a hard time courting free agents or players to stay long term. And look, I know Zach Pereizy and Ryan Sudter, but those are kind of extenduating circumstances. Both guys being from the area that makes it a little bit different than say Capri off wanting to stay. I know they have that Marco Rossi situation that needs to be solved as well. As far as defenseman go, I I wrote down Jamie Alexiak. I think Seattle as a mid team, like Seattle is assembling the most average hockey team. imaginable. They’re assembling a team with four third lines and three second defensive pairs. And Joey Dord’s not bad. But Seattle, that is the type of team that you can pencil in as a team to get mined at the trade deadline if you’re the Oilers. And look, I know trading in the division can be a challenge at times. You don’t know what’s going to happen there with Jason Bal and how willing he’s going to be to make a trade in your division. But at the same time, if the money’s good, money’s green no matter what. And if you’re the Oilers and you need to make those moves, you have you have players in mind. You know, there are other guys on Seattle who one of whom Oiler fans are very familiar with. We’re going to talk about in our third and final segment. But just understand that by December, you’re going to have a reasonable idea of who’s definitely out of it. And that might only be four or five teams, but based on that, you can start to get an idea of who you’re going to target. And the Sharks, Jake Walman, textbook example. The Oilers knew they needed a top four defenseman. They spent a lot of last year with a peacemeal top four with Koulak and Nurse playing a lot together and it worked reasonably well in the post in the regular season and Koulak to his credit was really good in the playoffs playing alongside Evan Bousard in the absence of Matias. So we are going to take our second and final break on today’s edition of Lockdown Oilers. When we come back, I’m going to give you my best guess as to what the Oilers are going to do 9 months from now ahead of the trade deadline. Coming up next on this edition of Locked on Oilers, where we’ve got your team covered every day. 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So, if there is breaking news, I more likely than not will not have anything for you until the next day because the time change, etc. But as we operate here in the dead of summer, I really like doing these grand ideas, these philosophical conversations, because there are so many factors to consider in basically any decision when it comes to hockey, when it comes to how good a player is, what you can expect from them, and a lot of this comes down to the right circumstances at the right time. I I think you could say that of pretty much any transaction in sports, but when it comes to the trade deadline in particular, we have historically seen the teams that make the strategic additions typically be the ones that outperform the ones that land the big fish. I think Florida last year is an outlier situation. Brad Marshand probably the highest profile player traded at last year’s deadline. They also acquired Seth Jones who once upon a time had quite the reputation even though he’s probably more of a two three than a one though that those are two substantial pieces. You know, Florida the year before Nikico Mikola and Vladimir Terasenko. Vegas adding Ivan Barbesev, Colorado adding Josh Manson and some other depth guys like that. You go to Tampa Bay adding Blake Coleman and um Barkley Goodro. Those are nice targeted additions. I think anytime you were trying to add a significant piece, a top six forward, a first pair defenseman, I don’t think that’s enough time, those 10 to 15 games at the end of the regular season post trade deadline for that type of piece that plays that significant of a role to truly settle in in their new environment and be able to play to the utmost of their abilities. You know, we talk so much about environment and style because they matter so much because hockey is such a weakling sport that even if you’re a gifted player, if you don’t necessarily fit with what the team that acquires you wants to do, you’re going to have a really difficult time even if you are a gifted hockey player, and I know a lot of people will say, “Well, if you’re that good, you’ll outplay your environment.” There are very few players in the world capable of wholesale outplaying their environment. So, I think the biggest questions the Oilers have is, do any of their young guys, meaning Savois, Pod Coulson, I’d put in there, Trent Frederick, I’d put in there, and Ike Howard, do any of those four guys really stick in the top six? If any of those guys are on pace for 15, 20 goals, I don’t think you need to necessarily go crazy at the trade deadline. I think you’re looking more in that third line type forward role. Maybe an Adam Henrik replacement to kick him out to the wing. I think there’s the possibility maybe you want to try and get Howard or Sava onto McDavid or Dry Cidital’s wing so that way you can play Ryan Nan Hopkins as that third line center and kick Henrik out to the wing there or maybe drop Henrik down to the fourth line center role alto together. I know Henrik makes a bit too much money to feel comfortable with him being a third liner uh excuse me fourth liner but I do think there’s a real possibility that Henrik just isn’t at the talent level and the ability to be a third line center on a Stanley Cup caliber team. I think if those guys Howard Savois Pod Coulson Frederick etc. none of those guys really hit in the top six and it’s really just M Japani Ryan Nan Hopkins and Zack Heyman and then a fourth guy rotating in. I don’t think you’re going to see the Oilers find a way to go out there and get, you know, I look, I don’t think Capri off or Artemi Paneran are going to get traded at the deadline just because if you trade either of those guys, you’re almost certainly going to lose the trade and look bad. And more likely than not, if the Wilder Rangers are in a position a position, Wow, that was hard. I just tripped on my words terribly there. Sorry. I apologize. If you’re in the position where you need to trade one of those guys, you’re almost certainly getting fired. So, you’re better off letting them walk and having them on the team down the backstretch in hopes that something miraculous turns around than getting a couple of prospects or draft picks in return when if you’re getting fired, draft picks and prospects are useless to you. So, I think you’re looking at something in the ballpark of dare I say Jordan Eberly who’s somebody who’s floated around who’s had a decent second act 2’s career both as an Islander and as a member of the Kraken. I think if you’re Seattle, you desperately need to start investing in the present. I know they have spent a lot on average players like Chandler Stevenson. I think Brandon Mour is a good example of environment in Florida. He was tremendous in Seattle. He’s just another guy. And I think if you’re Seattle continuing to just fill your roster with okay and fringe guys, you know, giving Ryan Lingren a contract, crazy just really poor asset management by Seattle. And look, I know people want to make excuses for them. Hey, everyone learned their lesson from the Vegas draft, they’ve also made terrible financial decisions with players who just aren’t worth the contracts they’ve been signed to. So, I think when you think about the Oilers going into this upcoming season, they undoubtedly need at least one, if not two top six wingers. I think there’s a strong argument that they need to look into a long-term Matias Ekholm replacement. And look, if Ekol wants to come back at a reduced rate as a second or third pair guy into the future, into his late 30s, that’s definitely worth exploring. I think how the season, the upcoming season goes, will color a lot of the perception of Ekcom going forward. if he bounces back well or if what we saw in the Stanley Cup final was a sign of things to come, I think the Oilers would be well within their rights to say, “You’ve given us a lot of great hockey, but we don’t have a role for you going forward, especially at an expensive price point cuz we’re still trying to win right now. And even if you are still a decent player, we can’t afford to give you a re a market rate at your position cuz you’re going to want to be paid as a first pair guy when we see you as more of a second or a third pair guy.” I think looking for that long-term replacement. And look, that might be Jake Wman, but Jake Walman does not have a contract for the following season. It needs to be signed, needs to be extended. So, if Jake Walman gets extended and you’re looking at Jake Wman and Evan Bousard and Darnell Nurse as your building blocks longterm, okay, you still need one more top four defenseman. I mentioned Jamie Alexiak before. I think he’s probably a little too good to be a third pair guy, but I think he you could do far worse than him. I also think that creates a redundancy problem with left-handedness because if you have Ekholm, you have Walman, you have Nurse, you have Koulak, and then you go out and add Alexiaak too, that’s four right-handed defenseman, five, excuse me, left-handed guys for three spots, and that’s just not going to work. You know, as much as Koulak made it work playing on the off side last year. Ideally, you don’t want to have that happen. You want to put guys on their strong side where they’re best situated. But I think the Oilers go out there and they look at adding one defenseman, one forward. I threw out Jamie Alexiaak and uh Jordan Eberly. I almost said Trent Frederick. Obviously Trent Frederick is on the Oilers. Hey, maybe Trent Frederick’s the guy who makes a leap and cementss himself as a top six winger kind of out of nowhere. That’ll do it for today’s edition of Locked on Oilers. Thank you to everyone who made Locked on Oilers their first listen of the day. Locked on Oilers is a part of the Locked On podcast network where we’ve got your team covered every day. Be sure to subscribe to Locked on Oilers wherever you get your podcast on Apple or Spotify. Give the show a fivestar review. If you’re watching over on YouTube, hit that subscribe button. Hit that alarm bell. Let me know what your best guess for what the Oilers are going to do with the trade deadline. I will talk to you guys real soon. Until then, let’s go Oilers.

The 2026 NHL trade deadline has the potential for league altering moves. With superstars like Jack Eichel, Artemi Panarin and Kirill Kaprizov entering the upcoming season as unrestricted free agents, what does it mean for the Edmonton Oilers?

On today’s episode, host Nick Zararis explores the motivations of teams ahead of the 2025-2026 NHL season who feature superstars in the last year of contracts. Nick explains why teams would or wouldn’t move a star, why GMs don’t always act in the best interest of the team and a whole lot more.

0:00 Intro: Preview of 2026 NHL Trade Deadline

4:41 Analyzing pending unrestricted free agents

13:18 Which teams might trade key players

18:52 Predicting Oilers’ trade deadline moves

24:28 Potential trade targets for Edmonton

What the Edmonton Oilers will do at the 2026 NHL trade deadline | Way too early predictions
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