Trade Alert: Philadelphia Flyers send Ryan Ellis to San Jose Sharks in cap-clearing deal

The Philadelphia Flyers traded defenseman Ryan Ellis and a conditional 2026 sixth-round pick to the San Jose Sharks for Carl Grundstrom and Artem Guryev. This move unloads Ellis’s injury-riddled contract, freeing up cap space for the Flyers. San Jose absorbs Ellis’s deal, likely placing him on LTIR, benefiting both teams’ rebuilds.

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