There haven’t been many big times trades, but that could be a function of the biggest winger free agent still mulling his decision. Chris Johnston talked about how Nikolaj Ehlers could be holding up the trade market as teams waited for his decision that took 50 hours into free agency to sign with Carolina.
Something to keep an eye on: Once Nikolaj Ehlers makes his free-agent decision, there's a sense it could spur trade activity among the team(s) who fall short in their pursuit of the talented winger.
— Chris Johnston (@reporterchris) July 3, 2025
It’s believed that many teams are either in the running or have made strong offers to Ehlers, which puts them in a bind with cap flexibility until they figured out whether or not he is going to sign with them.