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Fallout From The Mikko Rantanen Trade

January 29, 2025 by Pro Hockey Rumors

After one of the biggest in-season acquisitions since the New Jersey Devils acquired Ilya Kovalchuk for a massive haul in the 2009-10 season, more information has begun trickling out regarding Mikko Rantanen and the Carolina Hurricanes.

In an article in The Athletic (Subscription Required), Pierre LeBrun explains that only a few teams knew Rantanen was available. LeBrun indicates that Colorado’s first intention was to extend Mikko, but general manager Chris MacFarland had already called a few teams, saying they may call back about the Finnish sniper. 

Extension talks between Rantanen and the Avalanche had increased over the last few weeks. However, the ’Nathan MacKinnon-internal cap’ gave MacFarland the sense that Mikko wouldn’t sign an extension in the next five months. LeBrun believes Rantanen would have taken less money than Leon Draisaitl received from the Edmonton Oilers ($14MM) but wasn’t willing to make such a drastic cut that he made less than MacKinnon’s $12.6MM salary.

Unsurprisingly, Cory Lavalette from the North State Journal reports the Hurricanes have already had preliminary extension discussions with Rantanen’s agent. Given their history together on Team Finland, Rantanen is already familiar with Sebastian Aho, but he’ll want to get comfortable in Carolina before talks can progress.

As far as what that hypothetical extension may look like — Harman Dayal took a stab at that in a recent article on The Athletic (Subscription Required). Dayal argues that Rantanen’s fairest comparable is Boston Bruins’ forward David Pastrňák who was given 13.5% of the salary cap for the first year of his current contract.

Assuming the salary cap increases to the reported $97 million for next season, that would place Rantanen around the $13.1 million range. It’s already been made clear that Rantanen and his agent have other ideas, as he and the Avalanche likely could have worked out an agreeable salary should that have been the starting point.

Lastly, Sportsnet’s Elliotte Friedman offered some insight regarding the main piece heading back to Colorado — Martin Nečas. Friedman asserts that the Avalanche were not the only team Nečas had been offered to. He believes Nečas was a part of recent trade discussions with the Vancouver Canucks for Elias Pettersson, but not for J.T. Miller.

The acquisition of Rantanen and Taylor Hall likely wraps up all of the headling-making trades for the Hurricanes. Still, despite the cap surgery required for the move, the Hurricanes could circle back on Miller if the Canucks are open to other players on Carolina’s roster.

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