1985–86 NHL transactions
The following is a list of all team-to-team transactions that have occurred in the National Hockey League during the 1985–86 NHL season. It lists what team each player has been traded to, signed by, or claimed by, and for which player(s) or draft pick(s), if applicable. Trades between teams

May 

  Trade completed on June 13, 1987. The considerations became an optional third or fourth-round pick (this pick) in 1987 NHL Entry Draft. June 

  Minnesota had the option of the third-round pick in 1986 or 1987 Entry Draft. They selected in the 1987 draft. August

September 

  Trade completed on October 6, 1986. October 

  Philadelphia's fourth-round pick was re-acquired as the result of a trade on December 18, 1985 that sent Joe Paterson to Los Angeles in exchange for this pick. November

December

January

February 

 Chicago had the option of the third-round pick in 1986 or 1987 Entry Draft. They selected in the 1987 draft. March 
 Trading Deadline: March 11, 1986

April

References

Additional sources
 hockeydb.com - search for player and select "show trades"
 

National Hockey League transactions
1985–86 NHL season