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Flyers Trade Ryan Ellis to the Sharks for Grundstrom & Guryev

Originally posted on NHL Trade Talk | Last updated Oct 5, 2025 1:27 PM ET

The Philadelphia Flyers traded Ryan Ellis and a conditional sixth-round pick to the San Jose Sharks on Sunday. In return, the Sharks send back Carl Grundstrom and Artem Guryev. Ellis wrote on social media, “San Jose here I come.”

TRADE ?

The #SJSharks acquire defenseman Ryan Ellis and a 2026 conditional 6th round pick from the Flyers for Carl Grundstrom and Artem Guryev.
— San Jose Sharks (@SanJoseSharks) October 5, 2025

Grundstrom, 27, tallied 12 goals and 9 points in 56 games for San Jose in 2024-25, totaling 76 NHL points over seven seasons. Swedish-born, he won an SHL championship in 2016-17. Guryev, 22, a 6’4” defenseman, played in the ECHL and AHL, and will join the Flyers’ AHL affiliate, Lehigh Valley Phantoms.

Ellis has two more years left on his contract with a $6.25 million cap hit. His salary in 25-26 will be $5.5 million, and in 26-27, $4.5 million. He only played four games for the Flyers, all of which occurred during the 2021-22 season. Ellis has 76 goals and 275 points in 566 career games split between the Nashville Predators and Flyers.

With this deal, the Flyers will save nearly $4.5 million in cap space and will no longer have to operate under LTIR. San Jose buys cap flexibility.

This article first appeared on NHL Trade Talk and was syndicated with permission.

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