TSN’s Darren Dreger reports the Calgary Flames traded goaltender Jacob Markstrom to the New Jersey Devils in exchange for defenseman Kevin Bahl and the Devils’ 2025 first-round pick.
Calgary Flames trade goaltender Jacob Markstrom to the New Jersey Devils (NHL Images).
SPECTOR’S NOTE: One of the biggest names in this summer’s trade market is off the board.
It’s no surprise that Markstrom is heading to the Devils. It was rumored in February that he was willing to waive his no-movement clause for New Jersey but the two clubs at the time couldn’t agree on a deal.
Devils general manager Tom Fitzgerald said he was going “big-game hunting” this summer with a No. 1 goalie at the top of his list. He’s getting a big upgrade between the pipes with Markstrom. Fitzgerald is also taking on a hefty cap hit of $6 million annually for the next two years.
**UPDATE: The Flames are retaining 31.25 percent of Markstrom’s AAV. The Devils will be carrying $4.125 million annually for the remainder of his contract.
Markstrom, 34, was a finalist for the Vezina Trophy in 2021-22. He was considered the Flames’ MVP in 2023-24, stealing wins for his struggling club in games they otherwise would’ve lost. He’ll be backed up in New Jersey by former Canadiens netminder (and trade deadline acquisition) Jake Allen.
The Devils should be set between the pipes if Markstrom maintains his form over the next two seasons. His age is a concern but Fitzgerald is betting that his new goalie tandem can help the Devils rebound from their disappointing 2023-24 performance.
Flames GM Craig Conroy was rumored to be seeking a big return for Markstrom. What he got from the Devils likely reflects the real value of goaltenders in this summer’s trade market.
The Flames are getting a first-rounder but their fans would’ve preferred the 10th overall selection in this year’s draft that New Jersey currently owns. That 2025 pick is top-10 protected but could be much further down in the first round of next year’s draft if the Devils return to their 2022-23 form.
Bahl, 23, is a 6’6”, 230-pound defenseman who finished his first full NHL campaign in 2023-24, collecting 11 points in 82 games. He has the potential to become a top-four shutdown defenseman.