In this edition of 32 Thoughts Kyle Bukauskas and Elliotte Friedman check in from Colorado Springs at the Board of Governors meetings, where Olympic participation is once again a talking point. The guys get into contingency plans if the Milan arena isn’t finished in time, league revenue projections, and early salary-cap estimates, plus where expansion chatter truly stands with a potential $2-billion price tag per team. Kyle and Elliotte dive deep into the escalating Quinn Hughes trade discussion, the Devils’ dollar-in, dollar-out cap constraints, New Jersey’s interest in Ryan O’Reilly, and how conversations between Vancouver and other clubs may have progressed after the Canucks’ internal memo circulated (18:43). The fellas touch on Tristan Jarry being linked to Edmonton, why salary retention is a non-starter for Pittsburgh (31:57), and the growing possibility of a Phillip Danault trade (37:51). They also break down the Hagel hand-pass no-goal review and compare it to the Florida–Columbus situation involving Brad Marchand (40:41). The Final Thought looks ahead to next season’s Heritage Classic returning to Winnipeg (56:12).

Kyle and Elliotte answer your emails and voicemails in the Thoughtline (1:03:02).

Today we highlight Winnipeg's Ariel Posen and his song Future Present Tense. Check out his music here.

Listen to all the 32 Thoughts music here.

Email the podcast at [email protected] or call the Thought Line at 1-833-311-3232 and leave us a voicemail.

This podcast was produced and mixed by Dominic Sramaty and hosted by Elliotte Friedman & Kyle Bukauskas.

The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the position of Rogers Sports & Media or any affiliates