{"id":89091,"date":"2025-07-24T16:41:08","date_gmt":"2025-07-24T16:41:08","guid":{"rendered":"https:\/\/www.europesays.com\/us\/89091\/"},"modified":"2025-07-24T16:41:08","modified_gmt":"2025-07-24T16:41:08","slug":"the-trade-that-changed-everything-plus-a-slow-offseason-by-the-numbers","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/89091\/","title":{"rendered":"The trade that changed everything. Plus: A slow offseason, by the numbers"},"content":{"rendered":"<p><strong>Red Light newsletter<\/strong>\u00a0\ud83c\udfd2\u00a0| This is\u00a0The Athletic\u2019s hockey newsletter.\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/newsletters\/red-light\/\" data-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Sign up here<\/a>\u00a0to receive Red Light directly in your inbox.<\/p>\n<p>Good morning to everyone who\u2019s still following hockey in late July. Let\u2019s look back on the third anniversary of the trade that shifted the balance of power in the league. Let\u2019s get to it.<\/p>\n<p>The trade that changed everything<\/p>\n<p>Where were you when the Matthew Tkachuk trade news dropped, three years ago this week? And do you remember your reaction when you heard all the names involved?<\/p>\n<p>I\u2019ll be honest with you: My first reaction was that\u00a0<strong>the Flames had made out like bandits<\/strong>. And I know I\u2019m not alone.<\/p>\n<p>That view, as the kids like to say, has not aged well. But let\u2019s remember the context \u2013 Tkachuk had just blindsided the Flames with what amounted to a trade demand, flexing his leverage by announcing that he wouldn\u2019t sign an extension in Calgary. That meant Flames GM Brad Treliving had to scramble and, we assumed, take whatever he could get from whichever teams Tkachuk was interested in committing to.<\/p>\n<p>At the time, we had a list of\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/3436559\/2022\/07\/20\/matthew-tkachuk-trade-flames-blues\/\" target=\"_blank\" rel=\"noopener nofollow\">seven teams we thought would make sense<\/a>. If you go back and look at that piece now, two things stand out. First, the Panthers aren\u2019t on it because they weren\u2019t viewed as a serious landing spot. And maybe more interestingly, the proposed offers that the piece explores don\u2019t hold a candle to what Florida eventually gave up.<\/p>\n<p>If anything, the return was jaw-dropping. Tkachuk was coming off a breakthrough season in which he finished eighth in league scoring. But in return for his rights, the Flames got the league\u2019s\u00a0second-leading scorer, Jonathan Huberdeau. That felt like a fairly even swap on its own, but Calgary also got MacKenzie Weegar, a guy on everyone\u2019s list of underrated defensemen, as well as a first-round pick and a prospect.<\/p>\n<ul>\n<li aria-level=\"1\"><strong>Trivia time \ud83d\udca1:<\/strong>\u00a0Tkachuk and Huberdeau were not the only players who finished in the top 10 in points in 2021-22 that have since switched teams. How many others can you name?<\/li>\n<\/ul>\n<p>It was\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/3444138\/2022\/07\/23\/flames-panthers-trade-tkachuk-huberdeau-stanley-cup\/\" target=\"_blank\" rel=\"noopener nofollow\">a stunning deal<\/a>. And even if you didn\u2019t think the Flames won it, you had to at least admit they did way better than anyone thought they could. We had\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/3443632\/2022\/07\/23\/matthew-tkachuk-trade-panthers-flames-huberdeau-weegar\/\" target=\"_blank\" rel=\"noopener nofollow\">five writers grade the trade<\/a>, and all five gave Calgary a better mark than Florida. Two gave the Flames an A+.<\/p>\n<p>Three years later, it doesn\u2019t feel like an A+ trade in Calgary anymore. In fact, knowing what we know now, you could make the case for it being\u00a0<strong>the most lopsided deal of the cap era<\/strong>.<\/p>\n<p>So what happened? Two things, really, both of which we didn\u2019t see coming at the time but maybe should have. The first is that Tkachuk was a perfect fit in Florida, and turned out to be the final piece in a championship puzzle. It didn\u2019t seem that way at first \u2013 that first season was closer than you might think to\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/6507044\/2025\/07\/22\/nhl-playoff-rule-change-stanley-cup-history\/\" target=\"_blank\" rel=\"noopener nofollow\">being a disaster<\/a>\u00a0\u2013 but flags fly forever. And the other factor was that Treliving and the Flames immediately fell into\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/3471039\/2022\/08\/04\/nhl-contract-disasters-history-seth-jones\/\" target=\"_blank\" rel=\"noopener nofollow\">the dreaded Shiny New Toy trap<\/a>, giving Weegar and (especially) Huberdeau big new contracts. Weegar\u2019s has maybe aged OK, but Huberdeau\u2019s production has plummeted in Calgary, and his contract may now be the NHL\u2019s worst. Oh, and the Flames haven\u2019t made the playoffs in the three years since.<\/p>\n<p>So sure, chalk the trade up as a huge win for the Panthers, and a disaster for the Flames. Just don\u2019t pretend that you knew it at the time. Because if you did, you were one of the only ones.<\/p>\n<p><strong>Must-read:\u00a0<\/strong>Be sure to go back and revisit Julian McKenzie\u2019s piece from 2022, the definitive look at\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/3625254\/2022\/11\/15\/tkachuk-huberdeau-trade\/\" target=\"_blank\" rel=\"noopener nofollow\">how the trade came to be<\/a>.<\/p>\n<p>Coast to Coast<\/p>\n<p><strong>\ud83d\udcfa\u00a0<\/strong>The broadcast rankings are in, and we\u2019ve got an Original Six team at\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/6492558\/2025\/07\/21\/nhl-broadcast-rankings-tv-2025-commentator\/\" target=\"_blank\" rel=\"noopener nofollow\">both ends of the 32-team list<\/a>.<\/p>\n<p><strong>\ud83d\udea8\u00a0<\/strong>We all love a good re-draft, and\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/6485550\/2025\/07\/23\/nhl-draft-lane-hutson-logan-cooley-2022-rerank\/\" target=\"_blank\" rel=\"noopener nofollow\">Scott Wheeler takes a crack at the 2022 list<\/a>. Oh cool, Montreal has the first overall pick and doesn\u2019t take either Juraj Slafkovsky or Lane Hutson, I\u2019m sure their fans will be very chill about this.<\/p>\n<p><strong>\ud83c\udfd2\u00a0<\/strong>Just how concerned should you be about your team\u2019s offseason so far? Shayna Goldman weighs in on some of the\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/6509541\/2025\/07\/23\/nhl-offseason-erik-karlsson-trade-connor-mcdavid-contract\/\" target=\"_blank\" rel=\"noopener nofollow\">situations popping up around the league<\/a>. Leafs and Oilers fans, worried yet?<\/p>\n<p><strong>\ud83d\udd25\u00a0<\/strong>Finally, this week saw\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/6498283\/2025\/07\/19\/nhl-best-worst-jerseys-franchise-history\/\" target=\"_blank\" rel=\"noopener nofollow\">our ranking of every team\u2019s best and worst jerseys<\/a>, and hoo boy, did that get the comment section going. People feel very strongly about this topic, which is weird because you wouldn\u2019t think there\u2019d be anything to debate when it comes to best jerseys (whatever your team wore in 1992-93).<\/p>\n<p>A slow offseason, by the numbers<\/p>\n<p>If this has felt like a lazy summer, even by NHL standards, you\u2019re not wrong. Despite a rising cap \u2013 or maybe even\u00a0because\u00a0of a rising cap \u2013 it\u2019s fair to say that it\u2019s been a very slow offseason, especially over the last few weeks.<\/p>\n<p>How slow? Well, as of today, it has been:<\/p>\n<ul>\n<li><strong>7 days<\/strong>\u00a0since the last trade (<a href=\"https:\/\/www.nytimes.com\/athletic\/6500803\/2025\/07\/17\/canucks-dakota-joshua-maple-leafs-trade\/\" target=\"_blank\" rel=\"noopener nofollow\">Dakota Joshua to the Leafs<\/a>\u00a0for a pick)<\/li>\n<li><strong>11 days<\/strong>\u00a0since the last trade involving players on both sides (<a href=\"https:\/\/www.nytimes.com\/athletic\/6491503\/2025\/07\/13\/penguins-canucks-arturs-silovs-trade\/\" target=\"_blank\" rel=\"noopener nofollow\">Arturs Silovs to the Penguins<\/a>\u00a0for a pick and prospect Chase Stillman)<\/li>\n<li><strong>14 days<\/strong>\u00a0since the last trade involving NHL players on both sides (if you count Vladislav Kolyachonok, who was traded in\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/6486762\/2025\/07\/10\/penguins-matt-dumba-trade-stars-vladislav-kolyachonok\/\" target=\"_blank\" rel=\"noopener nofollow\">the Matt Dumba salary dump<\/a>)<\/li>\n<li><strong>2 days<\/strong>\u00a0since the last signing worth more than a $1 million AAV (Kaapo Kakko re-signing in Seattle; you\u2019d have to go six days back to find the next,\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/6503000\/2025\/07\/18\/winnipeg-jets-gabriel-vilardi-contract-extension-arbitration\/\" target=\"_blank\" rel=\"noopener nofollow\">which was Gabe Vilardi<\/a>)<\/li>\n<li><strong>13 days<\/strong>\u00a0since the last UFA to sign with a new team on a deal worth more than $1 million AAV (Jeff Skinner to the Sharks)<\/li>\n<li><strong>21 days<\/strong> since the last UFA to sign with a new team on a multiyear deal worth more than $1 million AAV (<a href=\"https:\/\/www.nytimes.com\/athletic\/6483803\/2025\/07\/10\/hurricanes-nikolaj-ehlers-jets-nhl-free-agency\/\" target=\"_blank\" rel=\"noopener nofollow\">Nik Ehlers to the Hurricanes<\/a>)<\/li>\n<li><strong>15 minutes\u00a0<\/strong>since the last time you heard an insider say that things were going to start heating up any time now\u2026<\/li>\n<\/ul>\n<p>But then again, you say wisely, big moves just don\u2019t happen in late July. You fool, I reply, having lured you into my trap. Big moves at this time of year are rare, sure, but they do happen.<\/p>\n<p>Your trivia answer<\/p>\n<p>In addition to Matthew Tkachuk and Jonathan Huberdeau, four other players from 2021-22\u2019s top 10 points list have since moved to new teams. That list includes\u00a0<strong>Johnny Gaudreau<\/strong>, who tied with Huberdeau for second spot with 115 points before heading to Columbus in free agency, as well as\u00a0<strong>Steven Stamkos<\/strong>\u00a0(who was tied for sixth),\u00a0<strong>J.T. Miller<\/strong>\u00a0(ninth) and\u00a0<strong>Mitch Marner<\/strong>\u00a0(tenth).<\/p>\n<p>The only players from the top 10 who haven\u2019t moved are leader Connor McDavid, plus Leon Draisaitl, Kirill Kaprizov and Auston Matthews.<\/p>\n<p><strong>\ud83d\udceb Love Red Light?<\/strong>\u00a0<a href=\"https:\/\/www.nytimes.com\/athletic\/5803046\/2024\/09\/30\/the-athletic-newsletters-sign-up\/\" target=\"_blank\" rel=\"noopener nofollow\">Check out\u00a0The Athletic\u2019s other newsletters<\/a>.<\/p>\n<p style=\"text-align: right;\">(Photo of Matthew Tkachuk: Christian Petersen \/ Getty Images)<\/p>\n","protected":false},"excerpt":{"rendered":"Red Light newsletter\u00a0\ud83c\udfd2\u00a0| This is\u00a0The Athletic\u2019s hockey newsletter.\u00a0Sign up here\u00a0to receive Red Light directly in your inbox. Good&hellip;\n","protected":false},"author":3,"featured_media":89092,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[293,62,67,132,68],"class_list":{"0":"post-89091","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-nhl","8":"tag-nhl","9":"tag-sports","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114909209733667205","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/89091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=89091"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/89091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/89092"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=89091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=89091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=89091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}