Oilers Trade Tree Revives One Frustrating Asset Debate Fans Know Too Well

Follow the intricate web of trades and transactions that eventually led Max Jones and Mathieu Joseph to the Edmonton Oilers, and discover how these moves could shape the team's future.

Two Edmonton Oilers who are expected to slot into the bottom six next season have ended up tied to the same trade tree, even if they got there in different ways.

Max Jones came to Edmonton in a trade before the 2025 deadline. Mathieu Joseph arrived later, signing a one-year contract early in free agency. Different paths, same neighborhood on the roster.

Joseph’s route started long before that. Drafted by the Tampa Bay Lightning in 2015, he won the Stanley Cup with them in 2020-21, putting up 12 goals and 19 points in 56 games. Before the 2022 trade deadline, Tampa moved him to the Ottawa Senators, where he spent parts of three seasons.

The first real branch in this tree came on July 2, 2024, when Ottawa dumped Joseph and a 2025 third-round pick to the St. Louis Blues for future considerations.

Joseph didn’t factor into the chain after that. He scored four goals and 14 points in 60 games with St.

Louis in 2024-25, then added two goals and 11 points in 39 games this past season before being released.

The pick, though, kept moving.

On August 13, the Blues sent that third-rounder and a 2026 second-round pick to the Pittsburgh Penguins in exchange for a 2025 second and a 2026 fifth. That 2025 second had already been part of a separate cap dump, one the Blues used to send Kevin Hayes to Pittsburgh.

That same day, St. Louis also handed out offer sheets to Oilers forwards Dylan Holloway and Philip Broberg. Edmonton chose not to match either deal, and a week later the Oilers received that 2025 second-round pick as compensation.

From there, Edmonton turned the asset into help for its own lineup. Still in the middle of back-to-back Stanley Cup Final runs, the Oilers packaged the Blues’ 2025 second to the Boston Bruins in the trade that brought back Trent Frederic and Jones.

It’s a trade tree that mostly circles back to two teams: St. Louis and Edmonton.

The Blues turned a cap-dump pickup into the pick that helped them land Broberg on an offer sheet, giving them a young defenseman who needed ice time. Edmonton, meanwhile, lost a useful trade chip and ended up with a second-round pick that became two bottom-six players.

Jones made himself noticeable when he played after the trade and again last season, but injury kept him out of the latest playoff run. One of the players from this chain managed only one regular-season game after the deal and didn’t leave much of a mark in the postseason.

In the end, injuries did the Oilers in. But after a strong offseason, maybe 2026-27 is the year they finally bring the Cup back to Canada.

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