The NHL's Mar. 2 Trade Deadline is approaching and teams are making decisions on whether to buy or sell and decide which players can make the biggest difference and hold the greatest value. Check out today's trade rumours and speculation from around the NHL beat. And follow TradeCentre on TSN and TSN.ca through Deadline Day for all the updates.

Capital Loss?

With Marc Methot's future with the Ottawa Senators to be decided one way or the other prior to the March 2 Trade Deadline, the defenceman's teammates are in no hurry to see him go, says The Ottawa Sun's Don Brennan.

While Methot's agent, Mike Luit, and assistant general manager Pierre Dorion are in contact over an extension for the defenceman, the distinct possibility remains that the 29-year-old will be dealt if no deal is reached.

That doesn't sit well with captain Erik Karlsson.

"He's a big part of our team," said Karlsson. "Guys like him, even though he doesn't put up tons of points every year ... he's important to have. He's a veteran and he plays hard every night. Obviously, he's a major key to my success as well. We've been playing together for a while, and been playing really good with him. Obviously, if he goes for whatever reason, it's going to hurt not only the team. but me, as well."

As negotiations continue, chances are they're going to be secretive. Brennan reports that Luit and Senators management have agreed to refrain from public comment until they conclude.

Going to 'Ell?

The Detroit Red Wings had seemingly been attached to defenceman Tyler Myers ever since his name began surfacing in trade rumours a year ago. While there was undoubtedly interest on the part of Ken Holland's squad, a deal with the Sabres just wasn't in the offing, with the Red Wings loath to offload top prospects Anthony Mantha or Dylan Larkin. 

Now that Myers is a member of the Winnipeg Jets, the Red Wings are forced to turn their attention elsewhere and ESPN's Ryan Wagman thinks the team could focus on an under the radar name in Stefan Elliott of the Colorado Avalanche.

Elliott is certainly far from the sexy name that Myers is, but he'd also command a great deal less when it comes to a return.

"While there is some cognitive dissonance in poaching a defender from one of the weakest defensive teams in the league, this proposal makes some sense when you think it through," Wagman writes. "For starters, Elliott is a primarily offensive defenseman who shoots from the right side. Although he has fallen out of favor with the Patrick Roy-Joe Sakic regime, Elliott showed strong possession chops in his first two seasons as a semi-regular contributor in 2011-12 and 2013."

Originally a second-round pick by the Avs in the 2009 NHL Entry Draft out of Saskatoon of the WHL, the 24-year-old has only appeared in three games this season for the team. In 40 games for the Lake Erie Monsters of the American Hockey League, Elliott has 12 goals and 14 assists.