ST. LOUIS — The night time of the gold medal recreation on the 4 Nations Face-Off, St. Louis Blues gamers held a watch get together. They gathered to see teammates Jordan Binnington and Colton Parayko in Workforce Canada’s much-anticipated rematch with the U.S.
“We had been followers, Canadians rooting for Canadians, and vice versa with Individuals,” Blues captain Brayden Schenn mentioned. “However I’ll say quite a lot of the hooting and hollering was from the Individuals when Binnington was making saves.”
Binnington was spectacular, significantly in extra time, preserving what turned out to be a 3-2 victory for Canada on Connor McDavid’s recreation winner. He silenced a lot of naysayers along with his efficiency.
“He was listening to it for a full 12 months: ‘Canada doesn’t have a goalie’ and this and that about goaltending all around the world,” Schenn mentioned. “It ought to (change the narrative). He’s taking part in towards a few of the recreation’s finest, and he was in a position to shut the door on them.”
To the Blues, it wasn’t a shock due to Binnington’s run to the Stanley Cup in 2019 and since, even with a mediocre membership the previous few seasons, he’s one of many causes they’ve been as aggressive as they’ve. However to the remainder of the NHL, his pedestrian .905 save proportion within the common season over the previous six years and only one playoff sequence win since 2019 have put these Cup pictures properly prior to now.
The 4 Nations Face-Off, nonetheless, was a reminder to everybody that when taking part in high-stakes hockey — whether or not it’s a best-on-best event or the playoffs — Binnington generally is a difference-maker. Per MoneyPuck, he saved 0.98 targets above anticipated within the Canada-U.S. remaining.
May the retooling Blues capitalize by buying and selling Binnington if his present worth is larger? Do they even need to transfer him with two extra seasons left on a six-year, $36 million contract ($6 million AAV)? Did his displaying on the event be a focus for anybody across the league, and in that case, who?
Historical past tells us goalie trades have been rare through the years, and ones that repay are even rarer.
Let’s check out the dynamics concerned in Binnington’s state of affairs and see if it might make sense.
For some time in St. Louis, the query has been: If the Blues are going by means of a transition part, why not transfer Binnington? He’s 31 years outdated, and if the crew isn’t a playoff contender for a couple of seasons, his contract will likely be able to expire when that point comes and he’ll seemingly be previous his prime.
The sense GM Doug Armstrong has given is that if the crew desires an opportunity to win each night time, Binnington must be a part of the equation. The backup is 24-year-old Joel Hofer, a 2018 fourth-round draft choose who seems to have a brilliant future however has simply 54 NHL begins to his identify with a 29-21-4 file, 2.80 goals-against common and .908 save proportion.
Armstrong anticipated the Blues to be a playoff crew this season, however they’re 5 factors out of the second wild-card spot within the Western Convention with simply 24 video games to play. They’ve been woefully inconsistent and, in truth, are the one membership within the league that has but to win three consecutive video games this season.
Binnington has not been pretty much as good as he was in 2023-24. In keeping with Evolving-Hockey, he has allowed 0.49 extra targets than anticipated over 39 video games this season, in comparison with when he saved 29.7 targets above anticipated in 57 video games final season.
Is that each one on Binnington? Is it due to an growing older protection that features Cam Fowler, Ryan Suter, Justin Faulk and Nick Leddy? A mix?

Jordan Binnington’s stats this season don’t fairly stand as much as earlier years. (Dilip Vishwanat / Getty Photos)
Both approach, even when the Blues look like extra aggressive within the group’s eyes with Binnington, they’re on the verge of lacking the playoffs for a 3rd consecutive season, so it’s not as if hanging onto him will likely be sufficient to finish that drought.
Moreover, if the crew retains its tandem of Binnington and Hofer intact, it might have as a lot as $8-9 million wrapped up in netminders subsequent season — rather a lot contemplating they may miss the postseason once more.
Hofer is within the remaining 12 months of a two-year, $1.55 million contract ($775,000 AAV) and will likely be a restricted free agent this summer season with arbitration rights. He might push for a deal in Sam Montembeault’s vary (a three-year deal price $3.15 million a 12 months) with the rising cap in thoughts. It might be time quickly for him to command extra begins, too.
So for the Blues, this will not be the proper time to commerce Binnington, nevertheless it’s a time to think about the transfer.
Discovering a commerce associate received’t be simple for 2 causes: Binnington’s on-ice inconsistencies and his contract. The rising cap could assist groups take up the remaining two years, particularly with the current goalie market in thoughts. Much less-proven starters and 1As are pushing into the $5 million vary, and perhaps Binnington’s expertise helps persuade groups to take the leap. Groups crunched for cap also can pay the Blues to retain a few of it since all three retention slots are open.
Any crew contemplating a Binnington commerce seemingly must be someplace within the playoff combine, as a result of the perfect factor he can supply is clutch play in a high-stakes surroundings. That lessens the pool to only a few groups.
There are two long-shot playoff groups that might contemplate a change in web: Utah and Philadelphia. Utah has two succesful goalies in Connor Ingram and Karel Vejmelka, however the latter is a pending UFA, and neither has a lot playoff pedigree to supply. Possession has proven a willingness to swing massive when needed, and the crew has belongings to supply the Blues. Plus there may be some familiarity with Binnington for Utah basic supervisor Invoice Armstrong, who spent almost 20 years with the Blues group, together with time within the entrance workplace.
The Flyers, like Utah, aren’t a slam-dunk possibility both. Administration is taking part in the lengthy recreation and doubtless isn’t fascinated by ‘proper now’ strikes. However the crew is rocking a reasonably inexperienced crease that has had its fair proportion of struggles, so including Binnington’s expertise might assist this 12 months even when the Flyers can’t defy the chances and attain the postseason.
However perhaps the perfect choices are two contenders who’ve some uncertainty in web. Frederik Andersen’s sturdiness is a purple flag for the Carolina Hurricanes. Whereas Pyotr Kochetkov has stepped up this 12 months with 12.1 targets saved above anticipated in 35 video games, the Hurricanes might want somebody a bit extra confirmed within the playoffs — particularly after their shortcomings in seasons previous. The Canes’ protection might present sufficient help to stabilize a few of these inconsistencies for Binnington, nevertheless it’s potential the crew prefers extra of a low-key possibility with fewer commitments.
One different contender stands out: the Oilers.
Edmonton managed to achieve the Stanley Cup Closing with a Stuart Skinner-Calvin Pickard tandem final 12 months. Whereas Skinner raised his recreation when it mattered most — in a robust displaying in a deciding Recreation 6 towards the Dallas Stars and within the Closing when going through an 0-3 deficit to the Florida Panthers — there are nonetheless some reliability points. Simply take this season: Whereas he has given the Oilers an opportunity with 21 high quality begins, he was under common in one other 17 appearances, together with Saturday’s recreation towards the Flyers. So the Oilers ought to be capable to stand up to any regular-season chaos from Binnington as a result of he can deliver it when it issues most. That’s if the {dollars} and cents work out, as a result of the Oilers are going through rising prices between Leon Draisaitl’s new contract, pending RFA Evan Bouchard in 2025 and Connor McDavid in 2026.
If there have an interest suitors, can the Blues and one other membership discover a match? Few impactful goalie trades have been revamped the previous 5 years.
For the reason that 2019-20 season, 65 completely different goalies have modified groups by way of commerce, in line with knowledge supplied by the league.
(The listing has been filtered to incorporate precise NHL goalies.)
It’s too quickly to have a definitive reply on whether or not the goalie trades of the previous couple of months have labored out, however the offers — from Mackenzie Blackwood to Linus Ullmark, Jacob Markstrom and Darcy Kuemper — all present promising outcomes to date. The New Jersey Devils look playoff-bound due to upgrades in web, whereas the Colorado Avalanche’s probabilities have seen a severe enhance after fully overturning their crease in-season. The Ottawa Senators could even return to the playoffs with Ullmark within the fold.
The Kuemper offers could be the most inspiring for groups desirous about Binnington, contemplating how he bounced again in Los Angeles after a disappointing season in Washington and the way properly he clicked with the Avalanche when he was acquired in 2021.
Buying Joonas Korpisalo actually solidified the Kings’ contender standing — however he departed as a free agent that summer season. Marc-Andre Fleury caught with the Minnesota Wild and has been part of their tandem since. Adin Hill can be nonetheless with Vegas and was the low-key discover the Golden Knights wanted in web. He’s the type of instance that works towards the thought of buying and selling for Binnington, as a result of different basic managers could really feel they may discover their very own hidden gems (much like how the Vancouver Canucks did with Kevin Lankinen and the Panthers and Toronto Maple Leafs have with Anthony Stolarz).
Vitek Vanecek was momentary assist for the Devils; he helped them attain the postseason however crumbled in that surroundings. That and his sturdiness ended his tenure with New Jersey, who traded him to the San Jose Sharks. Alexandar Georgiev was what the Avalanche wanted for a couple of seasons, and the crew discovered a approach out when his play soured. And perhaps the lesson there may be that groups can discover a technique to refresh their crease when issues cease working — which is encouraging for anybody desirous about Binnington, in case he can’t deliver clutch play within the postseason once more or declines within the final 12 months of his contract.
However there are additionally some cautionary tales, from Ville Husso and Alex Nedeljkovic to the Senators buying Matt Murray again in 2020. To Binnington’s credit score, in comparison with Husso or Nedljokvic, he has an extended observe file and is extra of a recognized commodity at this level. However that observe file is clearly considerably of a combined bag, which doesn’t fairly match up with the remaining worth on his contract.
The return is what issues to Blues followers as a result of if Armstrong isn’t making the transfer to profit the retool, why do it?
Some goalies have gone for first-round picks, like Markstrom and Korpisalo, however each had been on the prime of their video games on the time of the offers. Regardless of the current enhance in Binnington’s inventory from his efficiency within the 4 Nations championship recreation, it isn’t sufficient to place him in the identical tier — particularly since there aren’t quite a lot of playoff groups available in the market for a starter with a $6 million cap hit.
It’s tough to match apples to apples with the 21 goalie trades listed above as a result of many contain package deal offers. A number of included second-round picks in return and much more included third-round picks, like what Jake Allen introduced again to St. Louis in a commerce with Montreal in 2020 and once more when Allen went from Montreal to New Jersey in 2024.
However in any Binnington dialog, it’ll come again to the actual fact he backstopped the Blues to a Cup.
The secret’s the Blues don’t must pressure a commerce proper now if the fitting deal doesn’t materialize, in order that they have some leverage. That might assist administration push for a second-rounder or a mid-round choose plus an up-and-coming participant (plus a roster participant to clear cap). In the event that they’re coping with a playoff crew, they might seemingly must take some wage again; St. Louis might retain wage or take again a contract. It wouldn’t essentially must be as dramatic because the Kuemper return of Pierre-Luc Dubois and his $8 million cap hit, however the Blues ought to be prepared to guess on a reclamation venture as part of the return.
The underside line with Binnington: If the Blues hold their franchise leader in wins, it’ll occur as a result of they imagine their tandem with Hofer offers them the perfect likelihood to stay considerably aggressive in the course of the retool. In the event that they commerce him, it is going to be extra about transferring his cap hit and making approach for Hofer and fewer about who will likely be on their technique to St. Louis. He’s an asset, however it could be clever to be lifelike about his worth and the market, even within the aftermath of his play on the 4 Nations Face-Off.
(Prime photograph: Bruce Bennett / Getty Photos)