The Connor Hellebuyck chase in Buffalo never really looked like a sprint. It was more of a slow burn, a rumor mill that kept spinning even as Sabres general manager Jarmo Kekalainen never seemed especially eager to empty the cupboard for the All-Star goalie.
That’s the read Elliotte Friedman laid out Monday on the 32 Thoughts podcast, where the Sportsnet insider walked through the range of possibilities that were floating around during the saga. He said Buffalo’s involvement has long been a guessing game, but that the Sabres were linked to several different pieces in the conversation.
"You know, Buffalo, there's been a lot of guessing about what that was. Luukkonen, [Josh] Norris.
I heard they were concerned about Norris' injury history. I know some people have speculated [Ryan] McLeod.
I've never heard that myself, I can't say for sure. And you've gotta think they asked about one of those guys, like [Noah] Ostlund, [Konsta] Helenius, [Jack] Quinn, something like that.
And then there was the 4-8 [pick] switch [at the 2026 NHL Draft]. I've always heard that the 4-8 switch was a very big deal, that Winnipeg wanted to get four, keep eight, and Buffalo was not willing to do that."
Sportsnet's Elliotte Friedman
In a lot of ways, the deal seemed to hit a wall when Buffalo used the No. 4 overall pick on defenseman Daxon Rudolph. Even with the speculation hanging around for months, the Sabres kept talking up their goalie room, both after the draft and again last week when Hellebuyck chatter started heating up near the end of his Jets suspension.
The message from Kekalainen never changed much: he didn’t sound like a GM ready to pay a massive price for a 33-year-old goalie coming off the worst season of his decorated career.
Of course, that approach looks a lot different now that the Sabres are off to a sluggish start and the goaltending has been a real problem. Ukko-Pekka Luukkonen has struggled early in the 2026-27 season, Colten Ellis has also been part of the mix, and Alex Lyon has yet to play this season because of injury. Lyon also suffered a setback in his recovery from an upper-body injury, leaving his return date unclear.
Through 11 games, Luukkonen and Ellis have combined for an .863 save percentage, which ranks 31st in the league. That’s the kind of number that keeps the pressure on every night, especially in a loaded Eastern Conference.
The crease isn’t Buffalo’s only issue, either. The power play has been poor, the penalty kill has been poor, and the front office’s hope that young forwards would help carry the scoring load hasn’t really paid off beyond some strong work from Jack Quinn.
Still, the goaltending has become impossible to ignore. When a team is sitting near the bottom of the league in save percentage, the noise around a major trade target tends to get louder, not quieter. That’s what happened here, even if the Sabres never appeared to launch another serious push after the draft.
For now, though, the Hellebuyck speculation should settle down. He’s now with the Devils, while the New York Rangers - another team that had been mentioned as a possible landing spot for UPL - signed veteran James Reimer to back up Dylan Garand until Joonas Korpisalo returns after Igor Shesterkin suffered a season-ending injury.
Inside Buffalo, the plan remains more straightforward. Lindy Ruff said after Saturday’s overtime loss to the Washington Capitals that the team wants to keep giving Luukkonen work in hopes of getting him into rhythm.
"We're looking at trying to get UPL some reps back-to-back, see if we could get in the groove," Ruff told reporters after Saturday's overtime loss to old friend Alex Tuch and the Washington Capitals.
That lines up with the broader approach Buffalo used last season, when a steady rotation of UPL and Lyon, with Ellis mixed in, helped the Sabres finish third in team save percentage during the regular season. Both Luukkonen and Lyon faded at times in the playoffs, but the structure gave Buffalo some stability in net.
The hope now is that the Sabres can get back to something similar if Lyon gets cleared and Luukkonen starts finding his game. If that doesn’t happen soon, the front office may have no choice but to revisit the trade market. Minnesota’s Filip Gustavsson could become an option once he’s back from a hip injury.
A blockbuster move for Hellebuyck would have been the loudest possible answer to Buffalo’s long-running questions in goal. Kekalainen chose not to go that route, and now the pressure falls squarely on the Sabres to sort out their crease the hard way.
In Other News...
Sabres Trade Chatter Just Put Their Goalie Plan In Focus
Trade chatter has been swirling around the league again, and the Sabres have not been immune to it. While the Red Wings are reportedly sticking with Dylan Larkin and Simon Edvinsson despite continued calls from teams looking for young centers, and Washington has opened the door for Ivan Miroshnichenko to explore a move, Buffalo has had its own noise to sort through with Ukko-Pekka Luukkonen and the goaltending picture.
Luukkonen said the message from GM Jarmo Kekalainen was simple: stop worrying about the rumors and keep his attention on his game. Kekalainen also made it clear on WGR Radio that Luukkonen is part of Buffalo's future, a notable vote of confidence at a time when the Sabres are still trying to steady things in net and define what comes next in goal. [Read more 🡒]
Sabres Pressure Is Building After Jarmo Missed On A Major Trade
The Sabres have spent enough time circling the trade market to make patience feel like a luxury, and the pressure around Jarmo Kekalainen is only growing as those big swings keep coming up empty. Buffalo had reportedly been in the mix for major names, with the goalie search and the hunt for help down the middle both serving as reminders that the club still has clear needs if it wants to push forward.
Now the focus is shifting to what comes next, and the list of possible fixes is getting attention around the league. Robert Thomas, Ryan O'Reilly, Jake DeBrusk and Filip Gustavsson all fit different needs depending on how Buffalo wants to attack the problem, whether that means adding a center, wing depth or goaltending help, but none of those paths are simple and the Sabres still have to find a deal that actually sticks. [Read more 🡒]
Sabres Were In The Hellebuyck Hunt Until One Sticking Point Emerged
According to Elliotte Friedman, the Sabres were part of the group of teams that poked around on Connor Hellebuyck before the deal market moved on. Florida, Utah and Carolina were also in the mix, which underscores just how much interest there was in the goaltender and how many different paths clubs explored before talks started to run into trouble.
In Buffalos case, the push never got past the key sticking points that can sink a blockbuster long before it gets serious. Friedman said negotiations with multiple teams hit different walls, from package disagreements to draft-pick swaps, timing and contractual complications, and in Buffalos situation the Jets were also looking for forwards they simply could not land to their satisfaction. [Read more 🡒]