The New York Rangers have reportedly made a serious trade offer to the Vancouver Canucks for forward Kiefer Sherwood, but the offer was ultimately rejected. As the NHL's Olympic roster freeze approaches, trade talks are intensifying for the Canucks, who have several players available as they transition into a rebuilding period.

TSN's Chris Johnston reported on Thursday's edition of Insider Trading that the Rangers' offer included a young player with pedigree and a second-round pick. However, this package was not enough to convince the Canucks to part with Sherwood. The Canucks' high valuation of Sherwood is evident in their rejection of the Rangers' offer.

Kiefer Sherwood, 30, is having a strong season with 17 goals and 6 assists for 23 points in 44 games. He is also known for his physical presence and willingness to put his body on the line, making him an attractive bottom-six forward for contending teams. With Sherwood on an expiring contract and negotiations on an extension with the Canucks reportedly strained, his name has been at the forefront of trade rumors.

The Canucks are believed to be seeking a first-round pick, or potentially a first-round pick and a prospect, in exchange for Sherwood. Some teams may be hesitant to meet this asking price, as there is some uncertainty about whether Sherwood can maintain his current level of offensive production.

Several teams are interested in acquiring Sherwood, including the Edmonton Oilers, Boston Bruins, Ottawa Senators, Washington Capitals, and Detroit Red Wings. However, with the Rangers potentially shifting towards becoming sellers themselves, their interest in Sherwood may have cooled.

The Rangers and Canucks both appear poised to be sellers as the 2026 Trade Deadline approaches, making a deal between the two teams involving Sherwood unlikely. The situation highlights the diverging paths of the two franchises, with the Canucks committed to a rebuild and the Rangers re-evaluating their direction after another disappointing season.