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Connor Hellebuyck Finally Gets Traded: Fantasy Impact of the Blockbuster Deal

Shelmo discusses the blockbuster trade that finally brings an end to one of the season's biggest storylines. We'll break down what both teams received, evaluate the players and draft picks involved, and examine the hockey and fantasy implications of the deal.

Sheldon Moody Oct 24th 9:20 PM EDT.

Apr 6, 2026; Winnipeg, Manitoba, CAN; Winnipeg Jets goaltender Connor Hellebuyck (37) warms up before a game against the Seattle Kraken at Canada Life Centre. Credit: James Carey Lauder-Imagn Images
Apr 6, 2026; Winnipeg, Manitoba, CAN; Winnipeg Jets goaltender Connor Hellebuyck (37) warms up before a game against the Seattle Kraken at Canada Life Centre. Credit: James Carey Lauder-Imagn Images

Hey folks. The long wait is finally over, as one of the biggest trade sagas of the season comes to an end with a blockbuster deal between the New Jersey Devils and Winnipeg Jets.

There's a lot to unpack here, and we're going to take a deep dive into what both teams are getting out of this trade. We'll break down every player and draft pick involved, look at the reasons behind the move, and evaluate whether either team paid too much or managed to come away with a bargain. We'll also examine the short- and long-term implications for both organizations, including what this means for their rosters moving forward.

Of course, we can't overlook the fantasy hockey fallout. We'll look at whose value could rise or fall, how the trade affects the goaltending situations on both sides, and which players fantasy managers should be watching closely as a result of this deal.

Let's dive in on the conclusion of a saga that went on for far too long.

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Blockbuster Trade

To the Winnipeg Jets: Dawson Mercer, Nick Bjugstad, Alexander Command, Nico Daws, 2029 second-round draft pick, and 2027 seventh-round draft pick

To the New Jersey Devils: Connor Hellebuyck

Fantasy Breakdown

Well folks, the Hellebuyck saga has finally come to an end, with the New Jersey Devils landing one of the best goalies in the world. I think this is a great deal for both teams, even if they're winning for very different reasons. New Jersey gets the elite goaltender it needs to take the next step toward becoming a legitimate Stanley Cup contender, while Winnipeg gets a respectable return for a player who made it clear he wanted out.

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I also loved seeing Winnipeg stand its ground throughout this process. Hellebuyck requested a trade, failed to report to training camp, and was suspended without pay before the deal was finally completed.

Players have a lot of power in today's NHL, especially the superstars, and I think it's important that teams show they won't simply give in to every trade request. Winnipeg protected its interests, received a meaningful return, and demonstrated that even the best goalie in the world isn't above the organization's rules.

New Jersey Devils

Let's start with the Devils, who are getting the biggest name in this deal and arguably the best player involved by a comfortable margin. Hellebuyck has established himself as one of the premier goalies of his generation, winning multiple Vezina Trophies and a Hart Trophy. When he's playing at his best, he gives his team a legitimate chance to win almost every night, and that's exactly what New Jersey needs.

The Devils have plenty of offensive talent up front with Jack Hughes, Nico Hischier, Jesper Bratt, Timo Meier plus some firepower on the blueline with Dougie Hamilton, and arguably Luke Hughes, but having an elite goalie behind them can make a massive difference. 

They've been building around this young core for years, and Hellebuyck gives them a much better chance to turn that talent into a legitimate Stanley Cup contender.

There are risks, of course. Hellebuyck is 33, is coming off a down season by his standards, and hasn't played an NHL game this season after missing training camp. His contract also runs through 2031 at only $8.5M AAV, meaning New Jersey is making a substantial commitment to a goalie who will be in his late 30s by the time the deal expires. Still, I think this is a risk worth taking when you're trying to maximize your championship window.

What I like most is that the Devils didn't have to surrender either Hughes brother to get this done. They paid a significant price, but retained the young stars they want to build around. Bringing in a goalie of Hellebuyck's calibre also sends a message that the organization is serious about winning now, which could help convince Jack and Luke to remain in New Jersey long term rather than eventually looking elsewhere for a better chance to win a championship.

There's also the storyline involving their brother, Quinn Hughes, who is now with Minnesota. I wouldn't suggest this trade guarantees Jack and Luke will stay in New Jersey, or that they would otherwise leave to play with Quinn, but building a legitimate contender certainly strengthens the Devils' case for keeping their young stars happy.

From a fantasy perspective, Hellebuyck remains a high-end goalie target. Moving to a team with New Jersey's offensive talent could help him accumulate wins, although I wouldn't automatically project a return to his peak numbers after his disappointing ending to last season and extended absence. He'll need time to get back into game shape, but his track record makes him an appealing option in both redraft and dynasty leagues.

Jake Allen will lose starts once Hellebuyck is ready to take over, which would hurt his fantasy value. Meanwhile, the Devils' skaters could benefit indirectly if better goaltending helps the team win more games and remain competitive. I'm not expecting every New Jersey player to suddenly see a fantasy boost, but this move improves the team's overall outlook.

Ultimately, I really like this deal for New Jersey. The price was high, but I think it was fair for a goalie of Hellebuyck's caliber, especially considering he had to waive his no-trade protection to make the move happen. He wanted to go to New Jersey and clearly believes the Devils have the pieces to compete for a championship. If he returns to form, this could be the move that takes them to another level.

Mar 24, 2026; Winnipeg, Manitoba, CAN; Winnipeg Jets goaltender Connor Hellebuyck (37) makes a skate save against the Vegas Golden Knights in the third period at Canada Life Centre. Credit: James Carey Lauder-Imagn Images
Mar 24, 2026; Winnipeg, Manitoba, CAN; Winnipeg Jets goaltender Connor Hellebuyck (37) makes a skate save against the Vegas Golden Knights in the third period at Canada Life Centre. Credit: James Carey Lauder-Imagn Images

Winnipeg Jets

Now let's look at Winnipeg, because I don't think the Jets should automatically be considered losers simply because they traded away the best player involved. Losing an elite goalie is never easy, but the organization was put in a difficult position and needed to make the best of it.

I loved that Winnipeg stood its ground rather than panicking and accepting a lesser return just to end the situation. The Jets held their position and ultimately received several assets that can help them in different ways. That matters because teams shouldn't feel pressured to surrender their leverage whenever a star player wants a change of scenery.

Mercer is the biggest piece of the return from an immediate NHL perspective. At 24, he's already an established NHL forward who has demonstrated good durability, playing all 82 games in each of his first five seasons. He can play centre or right wing, giving Winnipeg some flexibility as it reshapes its lineup.

Mercer isn't necessarily a player I'd expect to replace Hellebuyck's overall value on his own, but he's a useful young forward with room to develop. His fantasy value will depend on his role in Winnipeg, particularly whether he earns top six minutes or meaningful powerplay time. He's worth monitoring in redraft leagues, while his age and established NHL role make him an interesting, relatively safe asset for dynasty managers.

Bjugstad provides veteran depth, size and lineup flexibility. He's not likely to become a major fantasy contributor unless his offensive deployment changes, but he can help fill out Winnipeg's forward group. He's primarily a deeper league consideration, particularly in formats that reward hits and other peripheral categories.

Alexander Command is the longer-term piece that makes this return more interesting. The 2026 12th overall draft pick has shown offensive potential in Sweden, and his playmaking and hockey sense give Winnipeg an intriguing prospect to develop. He's not an NHL-ready replacement for the production New Jersey surrendered, though, and his eventual scoring ceiling remains uncertain.

For dynasty managers, Command is worth knowing, especially in deeper leagues that reward prospect development. However, patience will be required before we know whether he can become a meaningful NHL contributor. Winnipeg is acquiring potential here, and that potential will take time to translate into actual value.

Daws gives Winnipeg another goalie option, but I wouldn't expect him to automatically take over the starting job simply because Hellebuyck is gone. He's still working to establish himself as a reliable NHL option, making him more of a speculative dynasty or deep-league stash than someone I'd rush to add.

The biggest fantasy winner from this trade in Winnipeg, however, is Stuart Skinner. He joined the Jets in the offseason and was expected to back up Hellebuyck, but now has a much clearer path to becoming the team's starter. Daws remains part of the picture, but Skinner is the more established NHL option and should be considered the favourite to receive the bulk of the starts, barring injury or another roster move. I suspect Daws will be backing up Skinner.

This is a significant development for fantasy managers. Skinner's value was limited when he was expected to spend most of his time backing up one of the best goalies in the world, but he now has an opportunity to establish himself as Winnipeg's primary starter. If he's available in your league, I'd be checking immediately.

There is a caveat, though. More starts don't automatically mean better numbers, and losing Hellebuyck also means Winnipeg is losing a goalie capable of regularly bailing the team out defensively. Skinner's ratios could suffer even as his overall fantasy value rises through increased playing time. Still, the opportunity alone makes him one of the biggest indirect winners of this blockbuster. Skinner has had one of his better starts in years, and his ADP gave him a significant discount considering what he has already produced.

The Jets also receive a 2029 second-round draft pick and a 2027 seventh-round draft pick. The second rounder is the more meaningful asset, providing another opportunity to add a prospect who could eventually contribute at the NHL level. The seventh rounder is a longer shot, but both picks give Winnipeg additional flexibility as it builds for the future.

The biggest question is whether these assets can collectively provide enough value to make up for losing Hellebuyck. That's a high bar, but Winnipeg isn't relying on one prospect to become a superstar to justify the trade. Mercer can contribute now, Command offers longer-term upside, and the additional assets provide several different avenues for the Jets to improve their roster.

From a fantasy perspective, Mercer and Skinner are the two players I'd watch most closely right now. Command is the dynasty name to remember, while Bjugstad and Daws are more speculative options whose value depends on how their roles develop.

Final Verdict

I think both teams can walk away feeling good about this deal. New Jersey gets the best player involved and addresses a major weakness, while Winnipeg receives a package featuring immediate NHL help, a promising prospect, another goalie and future draft capital.

In the short term, I give the Devils the advantage. They're acquiring an established superstar who could make a major difference in their pursuit of a Stanley Cup. In the long term, Winnipeg has a legitimate opportunity to make this work in its favour, although that depends on how Mercer and Command develop and how effectively the Jets replace Hellebuyck's value.

For fantasy managers, the biggest takeaways are Hellebuyck's continued high-end upside, Skinner's new opportunity, Mercer's potential role change and Command's dynasty appeal. Allen will lose starts, while Daws remains a speculative option.

Ultimately, I think New Jersey made the right move for where it is in its competitive window, and Winnipeg was right to stand firm rather than accept a lesser return. The price was high, but fair, and both teams have a path to benefiting from this deal. Time will tell which side comes out ahead, but I think this is a trade that makes sense for both organizations.

#trades

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