Devils Goalie Uncertainty Could Put Connor Hellebuyck Back In Play

The New Jersey Devils might be eyeing Connor Hellebuyck to solve their goaltending dilemmas, but only if the price aligns with their strategic ambitions.

The New Jersey Devils’ goaltending situation is already under the microscope, and it could get even more interesting if Connor Hellebuyck suddenly becomes available at the right price.

Right now, the Devils are rolling with Nico Daws, David Rittich, and Jake Allen, a setup that has plenty of people waiting to see if it holds up. Daws’ first preseason outing didn’t exactly calm the noise, even if one preseason game is far too small a sample to make a final call. It was only two goals against, but the debate around the Devils’ crease is going to linger until the group proves otherwise.

That is where Winnipeg enters the picture. The Jets are in camp without Hellebuyck after failing to answer his trade request, and the situation has gone sideways fast. Reports have suggested Winnipeg pushed too hard in asking for top draft picks or premium young NHL players, only to watch the market dry up after the NHL Draft and a wave of other moves around the league.

For now, Buffalo is the only team consistently mentioned as a trade possibility, but even that path looks complicated. One of the reported centerpieces is Ukko-Pekka Luukkonen, and his limited no-trade clause, which went into effect on July 1st, appears to be putting the brakes on any deal between the Sabres and Jets.

Still, the Devils could be the team that changes the equation if the money comes down enough.

Devils GM Sunny Mehta has said he is comfortable with the current goalie group, but the salary math tells the real story. New Jersey is paying its three goalies a combined $3.9 million against the cap.

Hellebuyck, by comparison, is at $8.5 million. That kind of number is a nonstarter for the Devils, especially for a goalie entering his mid-30s with four years left on the contract.

But there is one version of a deal that would pull New Jersey back in: significant salary retention from Winnipeg.

If the Jets were willing to bring Hellebuyck down to $5 million per season on the cap, the Devils would have a lane. That is still a major ask, because it would leave Winnipeg carrying $3.3 million for no immediate roster help, but it could also bring back a better return.

And New Jersey has the pieces to make a real offer without gutting its roster. A package could include Daws, Dawson Mercer, and Seamus Casey, giving Winnipeg three young players right away.

Mercer was also part of the original ask from the Jets back in 2023. On top of that, the Devils could add one of their 2027 first-round picks.

It would be a steep price for a goalie in this age range, but Hellebuyck is not being compared to Jacob Markstrom here. The point is that Hellebuyck has been consistently elite, and that is exactly why a discounted version of his contract would make sense for New Jersey.

At $8.5 million, the Devils are out. At $5 million, they are in. And with the Jets facing a retool and a rising cap environment, the retention angle is the one thing that could keep this from being just another trade rumor.

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