The Chicago Blackhawks have pulled the trigger on a move that signals both a continued rebuild and a strategic realignment of their roster. In a trade finalized Monday afternoon, Chicago has sent veteran defenseman Connor Murphy to the Edmonton Oilers in exchange for 23-year-old winger Dylan Holloway. The deal also includes a conditional 2026 fourth-round draft pick heading to Chicago.
Murphy, 32, had been the subject of trade speculation for weeks, as the Blackhawks look to create room for their young defense core. With one year left on his $4.4 million contract, he becomes a reliable, experienced addition to Edmonton’s blue line — one that desperately needed depth and toughness after another postseason exit.
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Murphy brings 700+ games of NHL experience and is known for his physical style and shot-blocking abilities. He posted 19 points last season in 68 games and will likely slide into the Oilers’ second or third defensive pairing. His playoff-tested presence gives Edmonton a more balanced backend as they look to contend for the Stanley Cup in 2026.
On the flip side, the Blackhawks acquire Dylan Holloway, a former first-round pick (14th overall in 2020), who has shown flashes of high-end skill and speed but hasn’t yet found consistent footing in Edmonton’s crowded forward group. With more opportunity in Chicago, Holloway is expected to compete for a top-six spot and add to the team’s growing list of promising young talent.
“This move gives us a player we believe can be part of our long-term forward core,” said Blackhawks GM Kyle Davidson. “Dylan brings skill, energy, and a great work ethic — and we’re excited to give him the minutes and role to fully develop.”
With Murphy’s departure, Chicago clears cap space and further commits to its youth movement on the blue line. For the Oilers, it’s a calculated win-now move, shoring up their defense with a veteran who can step in immediately and contribute — potentially making this a deal that benefits both sides in very different ways.