In a significant move ahead of the Olympic break, the Vegas Golden Knights have acquired defenseman Rasmus Andersson from the Calgary Flames. The trade, finalized on Sunday, January 18, 2026, sends Andersson to Vegas in exchange for defenseman Zach Whitecloud, a 2027 first-round pick (top-10 protected), a 2027 second-round pick (which becomes a first-round pick if Vegas wins the Stanley Cup this season), and prospect Abram Wiebe. The Flames will also retain 50% of Andersson's salary.

Andersson, 29, was arguably the top defenseman available on the trade market. He has recorded 10 goals and 20 assists in 48 games this season for Calgary. Known for his excellent skating and offensive contributions, Andersson is in the final year of a six-year, $27.3 million contract. There is no contract extension in place at this time.

For the Golden Knights, this acquisition bolsters their blueline as they aim for a Stanley Cup. Andersson will provide another impactful defensive option for coach Bruce Cassidy. The Golden Knights are clearly comfortable making the deal without an extension in place, a similar situation to their acquisition of Noah Hanifin from Calgary two years ago.

The Flames receive a package centered around Zach Whitecloud, 29, who has been a Golden Knight since 2018. Whitecloud has 23 goals and 55 assists in 368 career games. He also played a key role in Vegas's Stanley Cup victory in 2023. Abram Wiebe, 22, is a defenseman currently playing for the University of North Dakota.

Many anticipate the Golden Knights will offer Andersson a long-term deal. Andersson has been a highly sought-after name on the trade market for several years. He has 57 goals and 204 assists in 584 regular season games in his NHL career.

Grading the Trade:

• Vegas Golden Knights: The Golden Knights get a top-pairing defenseman in Andersson, who can contribute offensively and play significant minutes. While the price is steep, especially if the second-round pick converts to a first, Vegas is in win-now mode. The only real risk is Andersson leaving in free agency without an extension, but they likely have a good idea of what it will take to sign him. Grade: B+
• Calgary Flames: The Flames continue their retooling efforts by acquiring a solid defenseman in Whitecloud, a first-round pick, and a prospect. While losing Andersson hurts in the short term, the return provides valuable assets for the future. Getting a potential second first-round pick is a nice bonus. Grade: B

Overall, this trade appears to be a win-win for both teams. The Golden Knights get a top defenseman to help them compete for a Stanley Cup, while the Flames acquire valuable assets to continue their rebuild.