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Winnipeg Jets slapped with harsh Connor Hellebuyck trade reality


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Alexander Cole
October 3, 2026  (10:37 PM)
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Winnipeg Jets goaltender Connor Hellebuyck (37) makes a stick save during the first period against the Dallas Stars at the American Airlines Center.
Photo credit: Jerome Miron-Imagn Images

The Winnipeg Jets are nowhere near a Connor Hellebuyck trade, and NHL insider Frank Seravalli says the offers on the table explain why.

According to Seravalli, Winnipeg has been underwhelmed by every pitch so far.
[The Jets] haven't gotten anything even close to resembling, to my knowledge, something that makes them excited.
For a team that wants a major return, that is a blunt reality check.

Why the Market Has Gone Quiet

That assessment fits a market that has slowed considerably. Hellebuyck publicly confirmed his trade request ahead of training camp, yet talks have cooled since the summer, when Carolina reportedly offered a first-round pick and defenseman Alexander Nikishin. Winnipeg did not bite, and the market has gone quiet since.
Goaltenders rarely fetch huge hauls in trades, and Hellebuyck's numbers last season give buyers leverage.
He finished with a 2.86 goals-against average and a .895 save percentage, well below the standard that made him a three-time Vezina Trophy winner and a Hart Trophy winner.

Winnipeg Can Afford to Wait

The Jets hold leverage in one respect. Hellebuyck is signed through 2030-31 at an $8.5 million cap hit, so general manager Kevin Cheveldayoff has no reason to rush.
He has said the door is not closed on the goalie returning, and Seravalli has said much the same, noting that Winnipeg is quietly hoping its star reconsiders.
Seravalli has also pointed to San Jose, Utah and Vegas as teams that could still enter the mix if a deal materializes.
The standoff also carries risk, especially with the season already underway and a goalie who wants out sitting in the dressing room.
The Detroit Red Wings are living through a similar saga with Dylan Larkin, and Winnipeg would love to avoid that kind of drawn-out headache.
For now, the message from Winnipeg is simple. Unless a team arrives with an offer that moves the needle, Hellebuyck stays put and the Jets keep waiting. Fans will be watching to see whether the price rises, the goalie softens, or someone finally blinks.
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Winnipeg Jets slapped with harsh Connor Hellebuyck trade reality

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