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Frontrunner Emerges in Ristolainen Trade, Canadiens Out

Originally posted on NHL Trade Talk | Last updated Feb 28, 2026 10:25 AM ET

Trade buzz is intensifying around Rasmus Ristolainen as the NHL deadline rapidly approaches, with momentum reportedly building toward a deal involving the Philadelphia Flyers defenseman. Several teams have been around this, but it seems like a frontrunner has emerged.

According to Kevin Kurz of The Athletic, Flyers GM Daniel Briere would require a first-round pick as part of any serious package “just to consider” moving Ristolainen. The price tag is believed to be comparable to last season’s Brandon Carlo-type return, meaning Philadelphia won’t move the 29-year-old blueliner at a discount.

Despite the high ask, interest appears to be rising. Multiple reports indicate five or six teams have checked in over the past several days, including the Edmonton Oilers, Boston Bruins, Dallas Stars, Detroit Red Wings, and Montreal Canadiens. However, Montreal-focused NHL insider Marco D’Amico reports Montreal’s involvement was limited to a brief check-in on price, with nothing material developing.

Dallas, meanwhile, is viewed as a more serious suitor.

Ristolainen’s Showing at the Olympics Stirred Up Interest

Ristolainen’s strong showing for Finland at the 2026 Winter Olympics — where he contributed offensively and posted an impressive plus rating — has only fueled interest. And, while his $5.1 million cap hit through 2026-27 is seen as a minor hurdle (not a big one for most teams) if the Flyers are willing to retain any salary in the trade, he becomes quite attractive. Given that he holds no trade protection, the interest around him in a rising cap environment is understandable.

The only thing working against this deal for Philly is a crowded defense market. That could impact the going rate and limit their ability to get a high return.

Intriguingly, Philadelphia may not be purely selling. Reports suggest the Flyers are open to moving picks or prospects to acquire immediate help, particularly a true No. 1 center — a glaring organizational need.

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

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