It’s amazing how much can change in just a year—or even a single week.
This time last season, Thatcher Demko was the undisputed star of the Vancouver Canucks, locking down a Vezina Trophy nomination and making the idea of anyone else taking over the starting role seem laughable. But fast forward through a year of injuries and shifting dynamics, and the landscape has transformed entirely.
Enter Kevin Lankinen, who arrived at training camp on a bargain deal and has since stolen the spotlight—and the starting crease.
Just last week, the Canucks' goaltending situation was shrouded in uncertainty. Lankinen was emerging as a viable option for both the present and the future, leaving Demko’s role in question. Then, on Friday, the Canucks dropped a bombshell: a five-year, $4.5 million contract extension for Lankinen, signaling a clear commitment to him as their go-to guy.
While this doesn’t necessarily mean the end of Demko’s time in Vancouver, it certainly raises the stakes - the possibility of a trade. So, what could a trade market for Demko look like?
Teams Knocking on Vancouver’s Door
1. Carolina Hurricanes: The Hurricanes have already been linked to Demko in trade rumors, particularly in discussions surrounding
Elias Pettersson. With
Pyotr Kochetkov struggling to seize the starting role and Frederik Andersen battling ongoing health issues, Carolina’s need is glaring. Despite Demko’s injury history, the Hurricanes are in “win-now” mode and could see him as the missing piece for both this season and next.
2. Columbus Blue Jackets: Against all odds, the Blue Jackets are still in the playoff hunt. While this isn’t an “all-in” year for them, they’ve long needed an upgrade over
Elvis Merzlikins. Demko, who has no trade protection, could be the perfect fit for a team looking to make a push in 2025.
If healthy, he’d instantly elevate Columbus’ chances.
3. Detroit Red Wings: The Red Wings are in an intriguing spot.
Cam Talbot has been serviceable, and they have promising prospects in
Sebastian Cossa and
Trey Augustine. But if they’re serious about taking the next step with their young core, acquiring a proven star like Demko could be the catalyst.
4. Edmonton Oilers: Goaltending has been Edmonton’s Achilles’ heel for years, and
Stuart Skinner hasn’t been the solution. The Oilers should be all over any available upgrade, and while
John Gibson might be their first call, Demko is a close second. The real question is whether Vancouver would trade him to a divisional rival—unless Edmonton blows them away with an offer.
5. Philadelphia Flyers: The Flyers are fading from the playoff race, but their need for a long-term goaltending solution remains urgent. While they might not be buyers “right now,” they’re poised to become more competitive by 2025/26. Demko could be the missing piece, and Philadelphia’s patience with goalies in the past suggests they might be willing to wait for him to hit his stride.
6. San Jose Sharks: Okay, this one’s a stretch for “right now.” The Sharks are firmly in rebuild mode, content to let
Yaroslav Askarov develop in the minors while
Alexandar Georgiev and
Vitek Vanecek hold down the fort. But as early as next season, they’ll need a veteran to support Askarov—and who better than Demko, a California native?
The Bottom Line
The Canucks are at a crossroads with Demko. His injuries and Lankinen’s rise have created a fascinating dynamic, and the trade market could heat up quickly. Whether it’s Carolina, Columbus, or another team, Demko’s value remains high—if he can stay healthy.
One thing’s for sure: the next few weeks could reshape the goaltending landscape across the NHL. Buckle up—it’s going to be a wild ride.
Image - Bob Frid - Imagn