5:51 p.m.: The trade is official as reported, the team announced.
4:33 p.m.: The deal will be a sign-and-trade with the Rangers, per Friedman. It will be an eight-year deal for Miller worth a total value of $60MM for $7.5MM per season. He’ll be Carolina’s highest-paid defenseman by a significant margin as a result. A 2026 first-round pick will be part of the return, per Vince Z. Mercogliano of USA Today. The deal is split evenly across this season and is paid entirely in base salary aside from a $2MM signing bonus up front, per PuckPedia. It also includes a 10-team no-trade clause beginning in 2027-28. Larry Brooks of the New York Post reports the full return is a conditional first, the Hurricanes’ 2026 second-round pick, and right-shot defender Scott Morrow. The condition on the 2026 first is that the Rangers will receive the better of Carolina’s or Dallas’ 2026 first-rounders, and it’s top-10 protected, per PuckPedia.
4:16 p.m.: The trade has been agreed to in principle but has yet to be executed because Miller and the Hurricanes are still in talks on a new contract, per Friedman. He adds the trade was made in lieu of an offer sheet Carolina was preparing for Miller.
11:56 a.m.: The Hurricanes are acquiring the signing rights to defenseman K’Andre Miller from the Rangers, Elliotte Friedman of Sportsnet reports. The trade return will center around draft pick compensation, per Vince Z. Mercogliano of USA Today.
After a season full of trade rumors, the Rangers have finally moved on from Miller and brought in Vladislav Gavrikov as his immediate replacement. Since the return package consists of draft pick compensation, this trade closely resembles the 2020 deal in which the Rangers traded defenseman Brady Skjei to the Hurricanes for a first-round pick.
Carolina will assuredly bank on the 2022-23 version of Miller, which was arguably the best season of his young career. During that campaign, Miller scored nine goals and 43 points in 79 games for the Rangers with a +12 rating, averaging nearly 22 minutes of ice time per game. Unfortunately, the Rangers only had the financial flexibility to sign Miller to a two-year bridge deal, but the belief at the time was that they would have liked to have retained him for longer.
Hindsight being 20/20, the Rangers were thankful that they didn’t sign Miller to a longer-term agreement. Since his breakout campaign in 2022-23, Miller has scored 15 goals and 57 points in 154 contests with a +5 rating. His possession and defensive metrics have also dropped, falling from a 51.5% CorsiFor% at even strength to 49.2%, and an 89.8% on-ice save percentage at even strength to an 88.7%.
Still, he has maintained a high level of physicality and continues to block over 100 shots each season. There is reason for optimism that many of his advanced metrics will improve in Carolina, considering that the team has a very deep defensive core and is one of the top possession teams in the league.
The trade also carries implications for the Hurricanes’ unrestricted free agents from their defensive core. Given that the team is planning on making Alexander Nikishin a full-time defender beginning in the 2025-26 season, there is little chance that Dmitry Orlov or Brent Burns will return to Carolina. Due to the trade protection given to the team’s other defensemen, the Hurricanes are likely to move out any of their current blueliners to clear a pathway for Orlov or Burns to return.