
The NHL offseason has been unusually intense this summer as Bowen Byram finds himself at the center of growing trade chatter amid a rising salary cap that now stands at $95.5 million. The increased cap space has created fresh opportunities for blockbuster moves, with Byram’s potential departure from the Buffalo Sabres attracting significant attention as arbitration looms.
Teams with substantial cap flexibility are eyeing players like Byram to upgrade their rosters, especially following a quick clearance of the free-agent pool on July 1. As the business of hockey moves forward, the unfolding salary cap dynamics are stirring a wide range of possibilities for notable trades and offer-sheet maneuvers.
Salary Cap Surge Sparks Increased Trade Market Activity
The NHL’s salary cap rise to $95.5 million has altered the landscape for many teams traditionally constrained by payroll limits. Currently, 16 clubs boast more than $6 million in cap space, and 13 of those enjoy over $10 million, giving them ample room to pursue top-tier talent via trades or offer sheets. This shift is particularly significant given the rapid depletion of quality unrestricted free agents during the opening hours of free agency.
With free agency effectively capped in terms of elite options, contenders and rebuilding teams alike may now lean heavily on trade transactions or targeting restricted free agents from other clubs. Players heading toward salary arbitration hearings, such as Bowen Byram, remain tradeable assets, keeping them in play during this critical period.

Bowen Byram Stirs Trade Rumors, Attracting St. Louis Blues Interest
Buffalo Sabres defenseman Bowen Byram has been a persistent figure in trade speculation throughout the preseason. The 24-year-old blueliner, currently a restricted free agent, was protected from offer-sheet attempts when the Sabres opted to take him to salary arbitration. However, this status doesn’t restrict his availability in the trade market, where the St. Louis Blues have recently been linked to him.
On July 3, Jeremy Rutherford of The Athletic indicated the Blues were “trying hard” to land Byram. Analysts Matthew Fairburn and Rutherford weighed what the Sabres might require in return, with discussions centering on young forwards such as Dylan Holloway or Jake Neighbours and potentially including defenseman Justin Faulk. Yet, Faulk holds a 15-team no-trade clause, complicating the negotiations.
While the Blues’ interest is genuine, the transaction could falter unless St. Louis parts with one of their promising forwards, which they might be reluctant to do. This uncertainty keeps Byram’s situation fluid as teams maneuver in an increasingly complex offseason market.
Other Notable Trade Possibilities: Dougie Hamilton and Mason McTavish
The New Jersey Devils’ defenseman Dougie Hamilton has also surfaced in recent trade conversations. At 32 years old and under contract through 2027-28 with a $9 million average annual value, Hamilton holds a reduced trade protection stipulating a 10-team no-trade list. Elliotte Friedman of Sportsnet mentioned that while the Devils have had talks with interested parties, the likelihood of a trade remains low despite Hamilton’s contract size potentially being burdensome.
James Nichols of New Jersey Hockey Now noted that the Devils’ roster includes several defensemen, and GM Tom Fitzgerald aims to add offensive depth, which could necessitate moving a veteran such as Hamilton. Releasing him could provide substantial salary-cap relief, and the Devils might pursue teams among those with ample cap room seeking an experienced, puck-moving defender.
Meanwhile, Anaheim Ducks center Mason McTavish is considered a possible offer-sheet target given his impressive progress. The 22-year-old posted a career-best 52 points last season and has no arbitration rights, making him an alluring asset in negotiations. However, insider reports suggest McTavish is eager to remain in Anaheim, whose wide salary-cap cushion enables them to easily match any offer sheets.
These dynamics indicate teams with healthy payroll room are weighing their options carefully, but the chance of a costly offer sheet for McTavish seems unlikely at this juncture.
Toronto Maple Leafs-Nazem Kadri Reunion Talk Gains Interest Amid Trade Speculation
Speculation has also emerged around a potential reunion between the Toronto Maple Leafs and former center Nazem Kadri. Kadri, now 34, was traded to the Colorado Avalanche six years ago before signing a seven-year contract with the Calgary Flames, where he was the team’s leading scorer last season. Despite his importance to Calgary’s postseason aspirations, rumors persist about the Leafs’ need for a top-six forward after Mitch Marner’s departure.
Terry Koshan of the Toronto Sun revived trade speculation with an article considering a Kadri return, noting that he wouldn’t block a move to Toronto despite enjoying his current situation in Calgary. However, given the Flames’ need to receive significant value in any trade, and the lack of suitable trade assets from the Leafs’ side, the reunion scenario is widely dismissed as unlikely.
New York Rangers Face Uncertainty Over Artemi Panarin’s Future
In New York, the Rangers are preparing for the possibility of losing star winger Artemi Panarin to unrestricted free agency in 2026. Panarin, 33, is in the final year of his seven-year deal, and no public contract extension talks have been reported. Larry Brooks of the New York Post raised concerns about the Rangers’ ability to retain their top offensive talent, noting Panarin remains one of the NHL’s highest scorers since joining the team in 2019.
Despite Panarin’s age, Brooks believes a short-term extension of three to four years would be reasonable, especially given his sustained productivity. Retaining Panarin could also influence the Rangers’ capacity to attract other important free agents. While expensive, the Rangers have enough cap space to negotiate a slightly reduced contract worth around $10 million annually. Still, the team’s performance next season could heavily impact Panarin’s decision to stay or leave.
Impact of Arbitration and Trade Possibilities on NHL Team Strategies
With 11 players filing for salary arbitration between July 20 and August 4, including Bowen Byram, the offseason continues to unfold under intense pressure from salary cap constraints and team needs. Arbitration cases often motivate teams to explore trade options to avoid costly settlements, while clubs with salary-cap room are positioned to leverage these situations to acquire valuable players.
As multiple NHL teams navigate these challenges, the months ahead will likely include several high-profile trades and offer sheets, reshaping rosters before the 2025-26 season. For players like Byram, the outcome of arbitration hearings and trade talks could redefine their careers and impact the fortunes of contending teams.
With the NHL free-agent market largely depleted of premium talent at this point, the increasing significance of arbitration-eligible players on the trade block underscores how crucial salary cap management and strategic negotiations will be heading into the deadline and next offseason.
Our Reader’s Queries
Q. How many concussions has Bowen Byram had?
A. Every morning Bowen Byram wakes up without a headache feels like a blessing to him. The 22-year-old has suffered from at least three concussions.
Q. How much does Bowen Byram make?
A. Based on AFP Analytics’ offseason contract predictions, Byram’s value for a one-year deal is about $5.2 million. This figure can help estimate his potential award. In the arbitration process, both parties can present evidence to justify their salary estimates.
Q. \x26quot;Bowen Byram counts each morning that he wakes up without a headache as a gift.\x26quot; The 22-year-old has had at least three concussions. “It was tough for me because I felt like that for so long that I didn’t know what it was like to feel normal, you know?”
A. What is the number of concussions Byram has experienced?