The NHL's Feb. 29 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.

Oil Change?

Oilers forward Teddy Purcell is an unrestricted free agent come July, but the St. John's, Newfoundland native thinks he might be on his way out of Edmonton sooner.

"Am I concerned about the trade deadline? If I said no, that would be a lie," Purcell told the Edmonton Journal's Jim Matheson. "It’s always in the back of your head but I’m a pretty laid-back guy, somebody who’s been around enough to control the highs and lows. I have been traded before ( at the deadline)."

Purcell, 30, is in his ninth NHL campaign and second with the Oilers. In 59 games this season, he has 11 goals and 20 assists and could add some tertiary scoring punch to a playoff-bound club like the Florida Panthers.

That said, Purcell remains interested in remaining with the Oilers, but notes that extension talks have not left the exploratory stage.

Trigger-Shy in Nashville?

It's no secret that the Nashville Predators are hurting for offence, but that doesn't mean it's a slam dunk that general manager David Poile will be a buyer before next Monday.

"I think before I go outside the organization, I just think we need to get the consistency that we unfortunately have not had all year long," Poile told Adam Vingan of The Tennessean. "I truly believe it's there because we have seen it on occasion, but not regularly enough. We saw it a lot on a consistent basis last year. I truly believe that the best is yet to come for our hockey club."

The Preds' forward corps have combined for just 111 goals in 58, the third-fewest in the NHL.