While things appear to be intensifying on the Oliver Ekman-Larsson trade front, the Edmonton Oilers have been told they are not on the short list of teams the Arizona Coyotes defenceman would waive his no-move clause for, TSN Hockey Insider Darren Dreger reports.

Dreger reported earlier this week that the Oilers are among the teams who have interest in the Coyotes captain. On Wednesday, Dreger added that the Coyotes would be looking for a first-round pick and one of the Oilers' young, developing defencemen in exchange for Ekman-Larsson, pointing out that Edmonton would also likely need the Coyotes to take another contract back to clear cap space.

"They’ve inquired (about him), certainly," Dreger said Tuesday. "There have been discussions on Ekman-Larsson, but go to CapFriendly.com and you can see this is a big ticket and a long term coming back the other way. There has been significant trade interest expressed in the Coyotes captain and the Oilers are among the teams with some interest. It’s in the preliminary phases and, again, given the cap hit that Ekman-Larsson brings back, this is not going to be an easy transaction for Ken Holland and the Oilers.

"I would put Boston in that group of teams with interest as well. But also keep in mind Ekman-Larsson has trade protection so he is, to some degree, going to manage this process."

Ekman-Larsson, who is now at No. 1 on the TSN Trade Bait board, had nine goals and 30 points in 66 games with the Coyotes this past season. He added one goal and four points in nine playoff games as Arizona lost in five games against the Colorado Avalanche in the first round.