Canucks Salary Cap Crunch: Three Contracts Vancouver Must Trade To Improve Team Finances and Flexibility.

The Vancouver Canucks are facing a critical juncture in their ongoing "hybrid retool" as the March 6 trade deadline approaches. With the team struggling to find a win in 2026, sitting winless in their last 10 games, it's clear that General Manager Patrik Allvin will be looking to make moves to improve the team's long-term outlook. While the Canucks have a projected $18 million in cap space for the 2026-27 season, strategic decisions need to be made to maximize their competitiveness. Here are three contracts that the Canucks might need to consider moving:

1. Kiefer Sherwood

Kiefer Sherwood has emerged as a prime trade candidate for the Canucks. The 30-year-old winger is having a strong season, with 16 goals and 20 points in 36 games. Sherwood is a pending unrestricted free agent (UFA) with a team-friendly $1.5 million cap hit, making him an attractive option for teams looking to add scoring depth for a playoff push. The Canucks are reportedly working with Sherwood's agent to facilitate a trade, similar to how they handled the Quinn Hughes deal. Several teams have expressed interest in Sherwood, and the Canucks are hoping to acquire a second-round pick and a prospect in return. Potential trade partners include the San Jose Sharks, who have multiple picks in the first two rounds of the 2026 draft.

2. Elias Pettersson

Elias Pettersson's name has surfaced in trade rumors, suggesting the Canucks are open to offers for the star center. While Pettersson is a highly skilled player with a proven track record, his $11.6 million annual cap hit is a significant financial commitment for a team undergoing a rebuild. Despite his offensive capabilities, the Canucks may be willing to move Pettersson to acquire valuable assets and accelerate their retooling process. However, Pettersson possesses a full no-movement clause, giving him control over his destination. Teams like the Carolina Hurricanes, Detroit Red Wings, and Los Angeles Kings could be potential suitors for Pettersson, as they have the assets and cap space to accommodate his contract.

3. Evander Kane

Evander Kane, 34, is another player who could be on the move. While Kane brings physicality and scoring ability, his age and the baggage associated with his past may limit his trade value. The Canucks may need to retain some of Kane's salary to facilitate a trade, or settle for a lower return. A potential landing spot for Kane could be the Los Angeles Kings, where he would be reunited with former Edmonton Oilers General Manager Ken Holland. The Canucks might be able to acquire a third-round pick or a mid-level prospect in exchange for Kane.

The Canucks' management is aiming to get younger and acquire assets to build for the future. By strategically moving these contracts, the Canucks can gain cap flexibility and acquire valuable draft picks and prospects to support their long-term vision.


Written By
Meera Patel brings a modern perspective to sports journalism through her crisp writing and multimedia storytelling. She’s passionate about highlighting diverse voices and emerging stories in the sporting world. Meera’s ability to balance accuracy with creativity makes her content both informative and fresh. She thrives on making sports coverage vibrant and inclusive.
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