In the latest NHL trade rumors update, the Toronto Maple Leafs are expected to make several moves before the March 6 deadline, with questions arising about the future of defenseman Morgan Rielly. Meanwhile, the Edmonton Oilers have shown interest in adding depth, highlighted by Bobby McMann’s recent standout performance. Meanwhile, the Florida Panthers appear to have withdrawn from the Artemi Panarin trade discussions, while Blake Coleman’s departure seems increasingly imminent.
Potential Trade for Morgan Rielly Involving San Jose Sharks
The Maple Leafs might look to part ways with a number of players this season, including Morgan Rielly. Michael Amato from Sportsnet points to the San Jose Sharks as a potential destination, noting that the Sharks have only two defensemen signed for next season and possess enough salary cap room to pursue a significant acquisition. Rielly’s $7.5 million cap hit remains a challenge for teams, but San Jose’s financial flexibility could enable them to take on the expensive contract.
Rielly, currently 31 years old, is four years into an eight-year extension worth $60 million, signed in 2021. He holds a full no-movement clause through the 2027-28 season, which adds complexity to any trade proposal. The Sharks might manage to acquire him without surrendering major assets, but it remains unclear if Rielly is willing to leave Toronto for a fresh start.
If the Leafs are moving on from Morgan Rielly this summer, the Sharks feel like one of the most ideal trade partners. Only two D signed for next season. Keep in mind that with the cap skyrocketing, the floor is going up, too. Teams will have to get there.
?Michael Amato, Sportsnet
Bobby McMann Impresses Amid Trade Speculation
On Tuesday night, the Maple Leafs defeated the Edmonton Oilers 5-2, with Bobby McMann emerging as a key contributor. He scored an empty-net goal and consistently created scoring opportunities. Joshua Kloke of The Athletic described McMann’s showing as
an audition for McMann in Edmonton.
Kloke elaborated on McMann’s impact against Edmonton, emphasizing his ability to win puck battles, generate offense for skilled linemates, and use his speed effectively throughout the game. McMann recorded five shots on goal, the highest among Leafs players that night.
…he was at his best against the Oilers, consistently showing his best attributes against a team that could use him in a possible trade. He won puck battles and created offence out for his skilled linemates. His speed was evident all over the ice. McMann hunted, but never cheated, for offence. His five shots on goal were the most of any Leaf.
?Joshua Kloke, The Athletic
With Toronto potentially in sell mode, McMann’s $1.35 million cap hit, Alberta origins, and versatile play make him an intriguing candidate for the Oilers, who require additional scoring depth alongside stars Connor McDavid and Leon Draisaitl. Observers note he might even fit into a more prominent role within Edmonton’s lineup, similar to Zach Hyman’s impact in the past.
Rising Trade Prices and Changes for Thomas, Coleman, and Panarin
Robert Thomas continues to attract considerable trade interest, with discussions intensifying about his value. Nick Kypreos of Sportsnet reports that the asking price is exceptionally high, estimated to match three top-15 first-round draft selections, making a trade difficult for many teams to consider.
In contrast, Blake Coleman seems poised for a move, with Elliotte Friedman noting that about ten teams are on his trade list. While no specific details have emerged, Friedman expects a deal to occur before the deadline due to strong interest and a compelling offer.
Regarding Artemi Panarin, recent reports indicate the Florida Panthers have withdrawn from the pursuit, likely due to salary cap issues or challenges fitting him into their team structure. This development is notable since the Panthers were widely regarded as Panarin’s preferred destination.
Implications for Teams as Deadline Approaches
With the trade deadline nearing, teams like Toronto and Edmonton are sharpening their strategies. The Maple Leafs appear ready to retool their roster, possibly trading established players like Rielly and McMann to bolster future prospects or cap flexibility. The Oilers are focused on strengthening their forward depth to support stars McDavid and Draisaitl.
The rising price tags for key players such as Thomas highlight the challenges clubs face in balancing asset value against immediate team needs. Meanwhile, the Panthers stepping aside from Panarin’s chase signals shifting dynamics in the marketplace for high-profile veterans. Fans and analysts will be watching closely as more deals unfold and teams position themselves for the stretch run.
If the Leafs are moving on from Morgan Rielly this summer, the Sharks feel like one of the most ideal trade partners. Only two D signed for next season. Keep in mind that with the cap skyrocketing, the floor is going up, too. Teams will have to get there. pic.twitter.com/j2bPFQgmSS
— Michael Amato (@amato_mike) February 3, 2026
