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Rangers may have reason to worry throughout this week’s chaotic trade market

A flurry of trades involving top-10 picks and young NHL defensemen could reveal how teams truly view talent available behind the top selections in the 2026 NHL Draft
Dec 31, 2025; St. Paul, Minnesota, USA; USA defensemen Chase Reid (25) celebrates his power play goal against Sweden with forward James Hagens (10) during the second period in group play during the 2026 IIHF World Junior Championship at Grand Casino Arena. Mandatory Credit: Nick Wosika-Imagn Images
Dec 31, 2025; St. Paul, Minnesota, USA; USA defensemen Chase Reid (25) celebrates his power play goal against Sweden with forward James Hagens (10) during the second period in group play during the 2026 IIHF World Junior Championship at Grand Casino Arena. Mandatory Credit: Nick Wosika-Imagn Images | Nick Wosika-Imagn Images

The NHL offseason exploded on Tuesday, with multiple first-round picks changing hands, including two selections inside the top 10. For the New York Rangers, who currently own the fifth overall pick in Friday's NHL Draft, the activity around the league might offer some insight into how NHL executives view this year's crop of defensemen.

While the 2026 draft class isn't regarded as one of the stronger groups in recent years, especially compared to the highly anticipated talent expected in 2027 - the moves made this week could raise some questions for Rangers fans hoping the organization lands a cornerstone defenseman like Chase Reid, Carson Carels, Keaton Verhoeff, or Alberts Šmits.

The draft board shifted in a hurry

NHL insider Frank Seravalli weighed in on the draft-day movement on X, saying:

"Calculus changed today. With San Jose likely to grab Stenberg and now a defenseman at 9, Chicago felt more confident in Byram's proven ability and upside than wagering on what will be available at No. 4"
Frank Seravalli

The sentiment is worth noting.

Bowen Byram, the fourth-overall pick in 2019, has developed into a solid NHL defenseman but has yet to reach the expectation of a top-five selection.

Chicago made its preference clear

The bigger takeaway isn't that Buffalo was willing to move Byram. It's that Chicago apparently viewed the certainty of Byram as a safer and more attractive asset than whatever prospect would be available at fourth overall.

For a Rangers team hoping to secure a franchise-altering talent with the fifth pick, that's worth paying attention to.

If Chicago believed one of this draft's top defensemen was set to become a cornerstone player, moving the fourth-overall pick for a player who has yet to fully live up to expectations would seem like a risky proposition. The Blackhawks opted for the 25 year old who can see a deal in the range of $10 million annually after his contract expires following this upcoming season.

Maybe Chicago really sees something in Byram, but the optics are hard to ignore. 

Calgary wasn't willing to wait

The concern becomes even more noteworthy when looking at Calgary's aggressive pursuit of Simon Nemec. Despite being selected second overall in 2022, Nemec has yet to firmly establish himself as a full-time impact player at the NHL level.

However, the Flames surrendered significant draft capital which included future first-round assets and additional pieces to acquire him.

Could Calgary still draft a defenseman on Friday? Absolutely.

However, the willingness to pay such a steep price for a young but relatively unproven blueliner suggests the organization preferred what they already know over rolling the dice on the defensemen available in this class.

For a rebuilding team, those future assets carry a lot of value. Calgary seems to believe a better path forward than waiting to see which prospects remain available.

Another clue came from Ottawa and San Jose

Ottawa's decision to move the ninth overall pick in exchange for William Eklund is also worth noting. The trade all but solidifies San Jose's expected selection of forward Ivar Stenberg, despite the Sharks' long-term need for defensive reinforcements.

The Sharks have spent years rebuilding and could certainly justify adding another high-end defense prospect. Instead, the expectation is that they'll use their second overall pick on Stenberg.

The pattern continues to show what clubs are thinking ahead Friday.

A troubling trend is emerging

None of these moves prove teams are down on this year's defensemen. Every organization evaluates prospects differently and draft boards can vary across the league, but the trend is hard to ignore.

Several teams with premium draft capital had opportunities to remain in the top 10 and select one of the draft's highest-rated defensemen. Instead, they chose established young NHL players or highly regarded prospects with professional experience.

It can be a coincidence or a look at how highly teams value proven assets in the NHL.

However,  it can also suggest that outside of the consensus top names, the gap between this year's defensemen and other available options isn't viewed as favorably around the league.

Why the Rangers may still benefit

The Rangers could find themselves in an advantageous position. There's a legitimate chance Buffalo opts for a center with the fourth overall pick, and that selection could very well be Viggo Björck if Vancouver goes with Malhotra. If that scenario unfolds, Chase Reid could slide right into Chris Drury's lap when the Rangers are on the clock.

On top of that, the price for NHL-proven talent is high right now. Drury can and should take full advantage and get the most he can in return for Braden Schneider and Vincent Trocheck.

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