Elliotte Friedman speculated on the 32 Thoughts podcast that the Carolina Hurricanes could look to explore a Mikko Rantanen trade if they can’t get the forward signed to a contract extension. The talk is very speculative, and Friedman is not the first to float the idea of another Rantanen trade as David Pagnotta of The Fourth Period has mentioned it before and even Friedman discussed it as a possibility back on February 7th.
Carolina is reportedly okay with paying Rantanen an annual salary in the $14MM range (as per Pagnotta) but the talk around the league is that his decision will come down to fit and whether or not he would be comfortable in the setting he signs a long term deal in.
Carolina just traded for Rantanen back on January 25th, and if they were to move him to another deal, they would have the ability to retain his salary, which could push his cap hit down to just $2.3MM. That would open up the door for many contenders to pursue him, which might start a bidding war for the 28-year-old. Most of the top teams in the NHL are pressed up against the salary cap, but for a true star at the price point, the suitors would be many.
Friedman points out that even teams who normally couldn’t pursue Rantanen, or wouldn’t pursue him may be inclined to, simply because the cap hit would be so minimal, and it might stop one of their potential playoff opponents from trading for him.
Either way, the development will be fascinating to watch. If Carolina can’t get Rantanen signed long-term, they might see the opportunity to extract more value than they traded away as a bigger priority than holding onto Rantanen as a rental this season. Any team looking to acquire Rantanen would likely view a trade for him as a pure rental, which will suit some teams just fine if they feel their competitive window is closing and they can get him at a discount.