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Welcome Nick Holden to the trade rumor mill

New York Rangers v Arizona Coyotes

GLENDALE, AZ - DECEMBER 29: Nick Holden #22 of the New York Rangers celebrates after scoring a power play goal against the Arizona Coyotes during the first period of the NHL game at Gila River Arena on December 29, 2016 in Glendale, Arizona. (Photo by Christian Petersen/Getty Images)

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Last summer, when Nick Holden was traded from Colorado to the Rangers, Patrick Roy called Alain Vigneault to say, “You just got one of my better defensemen.”

Now it seems that Holden may be on the trading block again.

From the New York Post, in the wake of Mika Zibanejad’s contract extension:

The Blueshirts are projected to start the season with just $445,556 of cap space if they carry eight defensemen (including Alexei Bereglazov) and 14 forwards (including Andersson and Boo Nieves with Jesper Fast on IR). The Rangers are expected to attempt to deal defenseman Nick Holden ($1.65 million) in order to bulk up in the middle, if possible.

Holden played 80 games for the Rangers last season, scoring 11 goals with 23 assists. The 30-year-old is signed for one more year before he can become an unrestricted free agent.

If Holden is traded, the Rangers could go into next season with a top four of Ryan McDonagh, Kevin Shattenkirk, Brendan Smith and Brady Skjei. That would leave Marc Staal, Bereglazov, Anthony DeAngelo, and perhaps even Neal Pionk to fight for minutes on the bottom pairing.

What’s unclear is Holden’s value on the trade market. After all, the Rangers only gave up a fourth-round draft pick to get him from Colorado. Has his value risen significantly since?