NHL holdouts and trade requests are grabbing plenty of attention, and the names attached to them are the kind that make the whole league sit up. Connor Hellebuyck, a three-time Vezina Trophy winner and Olympic gold medalist, has refused to take the ice for the Winnipeg Jets until they trade him.
Dylan Larkin, the Detroit Red Wings captain and perennial 30-goal center, requested a trade. Even Adam Fantilli, the third-overall draft pick, held himself out of practices before signing his contract extension this fall.
Those situations make for lively news, and from a fan’s perspective, they can be fascinating unless your team is the one trying to hold onto the player. They can reshape a roster and give the rest of the league a chance to get involved.
What stands out in the debate, though, is the way some fans and media talk about players using no-movement clauses and no-trade clauses. There’s an odd suggestion that the players are doing something wrong when they use the rights that were negotiated into their deals. The conversation often makes it sound like they snuck those terms into contracts without the teams knowing, rather than sitting across the table from executives and agents and agreeing to them.
The idea that a hockey player should have no say over where he works comes off as especially strange. Once a player becomes a millionaire, some seem to act like control over employment is no longer his to keep. Meanwhile, the teams and their front offices are the ones who helped put these protections in place in the first place.
That tension is showing up more now because more players are using their NCM/NTC to push for trades. The rise in that leverage tracks with the rise in these clauses themselves. According to The Athletic’s James Mirtle, “full no-movement clauses up 117 percent and full no-trade clauses up 162 percent over the past six years.”
The Minnesota Wild are not exactly outside this trend. Their full NMC/NTC contracts belong to Kirill Kaprizov, the first three years of Michael McCarron, and Filip Gustavsson through 2027-28.
Minnesota also has seven players with limited no-trade protection, though those are generally five- or ten-team lists that still leave room to move salary in a trade. The exceptions are 15-team no-trade lists for Gustavsson beginning in 2028-29, McCarron starting in 2029-30, and Marcus Foligno. Those contract details come courtesy of Puckpedia.com.
The larger point is that teams accepted the risk when they agreed to these deals. An NMC or NTC is simply one of the tradeoffs inside a contract: the team gives up the right to move the player, and in return the player usually gives something back, often in the form of a discount.
In the example laid out here, a player giving up $200,000 a year could create real cap savings for the team. Spread that kind of discount across 320 contracts and 32 teams, and it works out to roughly ten contracts per club, or about $2 million in annual cap space.
That upside comes with a cost, though. Once a player has that protection, a team loses the ability to shop him around freely. If a trade becomes necessary, the club is stuck dealing with a much smaller market and may have to settle for one or two teams’ best offer instead of the best one from all 31 other teams.
The reason players are asking out isn’t mysterious, either. It’s not because of some outside catastrophe in Detroit or Winnipeg.
The explanation in the source here is blunt: the teams aren’t good enough, and the players no longer want to be there. The organizations failed to keep them invested in staying.
That reality lands in a league that already builds in plenty of help for bad teams. The NHL draft is there for clubs that struggle in a fair system, and the salary cap still leaves less wiggle room than the NFL, NBA, baseball, or soccer.
In the end, the situation doesn’t need to be treated like a scandal. It’s the normal consequence of contract language both sides agreed to. Teams live with the downside of those bargains just as they enjoy the upside when things go well.
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For fans, the appeal is obvious: more places to catch the Wild, whether the game lands on KSTP, KSTC 45 or ESPN. The wrinkle is the same one that has shadowed FuboTV for a while, since TNT is still not part of its channel lineup, which leaves a handful of upcoming Wild broadcasts out of reach for subscribers who rely on that service. [Read more 🡒]
Wild Put Carson Lambos Back In The Spotlight Before Tonights Game
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Drafted by Minnesota in the first round in 2021, Lambos has logged four games with Iowa this season and already has a taste of the NHL after making his debut in December 2025. Now he gets another chance to re-enter the picture, and with the Wild choosing to bring him up before tonights game, the spotlight is back on a prospect the team has invested in for years. [Read more 🡒]