On Thursday's edition of "Insider Trading", McKenzie reported new general manager Chuck Fletcher could move the longtime Flyers forward. Fletcher is reportedly looking to add a goaltender, a top-four defenseman, and a top-nine center.
"Will he trade veterans between now and the deadline? Absolutely," McKenzie said. "Wayne Simmonds is more likely than not to be traded. Not 100 percent, but more likely than not.
"And while Fletcher could get draft picks and prospects coming back in for a guy like Simmonds or another veteran player, he's also planning on using draft picks, prospects and younger players to try (to) go out and achieve those things; the goalie, the defenseman, and the center."
Simmonds is in the final year of his contract, carrying a cap hit of nearly $4 million. He came into Thursday's action ranking third on the club with 13 goals in 43 contests.
Philadelphia sat dead-last in the NHL entering play Thursday, although they have a game in hand on the Ottawa Senators and the Los Angeles Kings.
The NHL's trade deadline for the 2018-19 campaign is Feb. 25 at 3 p.m. ET.