Kraken Could Make Jamie Oleksiak Available

The Kraken have at least mulled the possibility of flipping pending unrestricted free agent defenseman Jamie Oleksiak ahead of next week’s deadline, as evidenced by his placement on TSN’s latest Trade Bait board released today. Oleksiak briefly appeared in trade speculation at this time last season, too, but ultimately remained in Seattle, armed with a 16-team no-trade list.

Seattle’s in a tough spot in the standings. They’re hanging onto the last wild-card spot in the West by two points. They’re in a rather crowded group, though, with only six points of separation between fifth place in the conference (Oilers, 66) and 10th (Kings, 60). They’re not in a clear position to be buyers or sellers at the trade deadline, but will likely do a little bit of both with long-term success in mind.

What’s clearer, though, is the lack of fit for Oleksiak in Seattle past this season. He’s already been forced to play a decent chunk of time on his off side due to Seattle’s excess of lefties. Of their group, Oleksiak is the only one on an expiring deal. Vince Dunn and Ryker Evans are signed through next year, while Ryan Lindgren is under contract through 2028-29.

The Kraken have strong enough playoff odds (55.8%, per MoneyPuck) that they could justify keeping Oleksiak down the stretch as an in-house rental before letting him walk in July. But even if they make the playoffs, their lowly offense will likely keep them from going anywhere. It would make sense, if there’s any interest, for Seattle to subtract Oleksiak from a position of relative strength if they can help convert his trade value into landing an impact forward.

Seattle would likely have to retain up to half of Oleksiak’s $4.6MM cap hit to make him of true interest to anyone, but that’s something they’re in a position to do with over $20MM in space by deadline day. That’s more because of his deployment, the 33-year-old is now more of a natural bottom-pairing fit after being a top-four option for several years, but he’s still provided some positive value outside of his desirable 6’7″, 252-lb frame. The Ontario-born big man has nine points and a +6 rating in 56 outings this season while featuring on the Kraken’s second penalty-killing unit. His possession numbers aren’t near the top of Seattle’s leaderboard, but don’t paint him as a liability, either, especially in primarily defensive-zone deployment. He also carries a low injury risk for a player of his size and playstyle; he hasn’t missed a contest due to an injury since November 2022.

Still, Oleksiak’s remaining trade protection is expansive enough to cause some problems. That’s just over half the league he can block a move to, but with his new club likely only being a temporary stop on his way toward free agency this summer, he may be willing to waive that protection for the right situation.