Ridly Greig of the Ottawa Senators and Rasmus Ristolainen of the Philadelphia Flyers featured in NHL trade rumors
Ottawa Senators forward Ridly Greig and Philadelphia Flyers defenseman Rasmus Ristolainen have been linked in trade speculation as the two Eastern Conference teams explore potential roster upgrades.

The Ottawa Senators and Philadelphia Flyers appear to be logical trade partners, but that does not mean a Rasmus Ristolainen trade is close.

Daily Faceoff’s Anthony DiMarco reported that the teams have discussed potential deals and that Ottawa has kept tabs on Ristolainen for an extended period. The attraction is easy to understand: the Senators could use a physical, top-four, right-shot defenseman, while the Flyers remain interested in strengthening their centre position.

The problem is that Ottawa general manager Steve Staios reportedly has no interest in trading Shane Pinto, Dylan Cozens or Ridly Greig. Those are precisely the players Philadelphia would likely want involved if general manager Daniel Briere were asked to surrender Ristolainen and possibly an established winger.

My read is that the hockey fit is real, but the trade structure currently is not. Philadelphia has no reason to move Ristolainen simply to collect another draft pick. Ottawa, meanwhile, should not weaken one of its greatest organizational strengths unless the return substantially improves two areas of its roster at once. That is why this rumor is intriguing and why it could remain unresolved well into the season.

Why Rasmus Ristolainen Makes Sense for the Ottawa Senators

Ristolainen would provide Ottawa with size, physicality and experience on the right side of its defence. He is not being pursued as a power-play quarterback or an elite puck-moving defenseman. His value comes from handling difficult minutes, defending around the net and giving a coaching staff another veteran option against heavier opponents.

The 31-year-old shoots right and has one season remaining on his contract at a $5.1 million cap hit. That limited term reduces Ottawa’s long-term risk, but it also creates uncertainty because the Senators could be paying a meaningful acquisition cost for a player eligible to become an unrestricted free agent next summer.

Philadelphia’s position is equally understandable. Briere has not appeared desperate to move Ristolainen, and previous reporting indicated the Flyers would not give him away. His trade value is also strengthened by the scarcity of dependable right-shot defensemen across the NHL.

Rasmus Ristolainen Career NHL Stats

Updated Jul 23, 2026 7:23 pm
Rasmus Ristolainen
Rasmus Ristolainen
PHI • D
Type GP G A P +/-
Regular Season 820 57 261 318 -169
Playoffs 10 1 4 5 1

The Salary-Cap Math Behind a Potential Senators-Flyers Trade

Ottawa currently projects to have approximately $4.196 million in cap space, while Ristolainen carries a $5.1 million cap charge. In a transaction where Ottawa acquired him without sending salary back, the Senators would be roughly $904,167 short.

That obstacle is manageable because Ottawa would almost certainly send an NHL contract to Philadelphia as part of any significant deal. Philadelphia also has approximately $13.94 million in projected space, giving Briere plenty of flexibility to take back salary or construct a larger package.

Here are the basic retention scenarios:

  • No retention: Ottawa absorbs $5.1 million and needs at least $904,167 moved elsewhere.
  • Philadelphia retains 25%: Ottawa’s charge falls to $3.825 million, leaving roughly $370,833 in projected space.
  • Philadelphia retains 50%: Ottawa’s charge falls to $2.55 million, leaving approximately $1.646 million.

Philadelphia should not retain salary without receiving additional value. With only one season remaining on Ristolainen’s contract, however, retention could be the mechanism that improves the draft pick or prospect included in the return.

What Would the Philadelphia Flyers Want in Return?

A straight Ristolainen-for-Pinto or Ristolainen-for-Cozens trade is unrealistic. Both centres are younger, signed through 2030, and occupy a premium position. Daily Faceoff previously reported that Philadelphia’s preference among Ottawa’s centres was Pinto, followed by Cozens and Greig.

For a centre to become available, the Flyers would likely need to build a much larger package involving Ristolainen, a proven winger and possibly a draft pick or prospect. Philadelphia has received interest in Owen Tippett, but the club was reportedly not actively shopping him and would only consider a legitimate hockey trade.

My preference for Ottawa would be to keep Pinto and Cozens unless the Flyers included a young, controllable scoring winger who could immediately strengthen the Senators’ top six. Greig might be easier to discuss because Ottawa has been willing to use him on the wing, but his age, contract and abrasive playing style make him valuable in his own right.

An Original Rasmus Ristolainen Trade-Value Assessment

Using a simple NHLTradeRumor.com trade-value framework, I would give Ristolainen an estimated score of 67 out of 100:

  • Positional scarcity: 18/20
  • Current NHL utility: 14/20
  • Contract and cap efficiency: 10/20
  • Age and durability risk: 10/20
  • Market leverage and team interest: 15/20

Our valuation model suggests Ristolainen has meaningful value because of his position and role, but not enough value by himself to acquire an established top-six centre entering his prime.

Will the Ottawa Senators Actually Trade for Ristolainen?

For now, the answer appears to be not unless Ottawa changes its position on its centres.

This is a rumor worth monitoring because the underlying roster needs have not disappeared. Ottawa still has reason to seek another right-shot defenseman, and Philadelphia is unlikely to stop searching for a long-term answer at centre. The Flyers and Senators may be ideal trade partners on paper, but one side will eventually have to surrender a player it currently does not want to move.

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