Toronto continued to add to their forward depth on Thursday after the team announced they have traded a 2028 4th-round pick to Vancouver for left-winger, Dakota Joshua. The 28-year-old is in the 2nd year of a four-year, $13 million contract ($3.25M AAV) and should slide in nicely on Toronto's third line with his physical play style. Vancouver will be happy to shed the cap space after Joshua put up a disappointing seven goals and 14 points in 57 games played last season, while Toronto will be hoping he can return to his 2023-24 form (18G/32Pts) with a full, healthy training camp.

Stillman was the 29th overall pick of the New Jersey Devils in the 2021 NHL Entry Draft. The 22-year-old forward has yet to play an NHL game and has already joined his third organization. He had three points (1G / 2A) in 19 games with the Wilkes-Barre/Scranton Penguins (AHL) last season.

Silovs is a talented goalie who has battled inconsistencies and was buried on Vancouver's depth chart behind Thatcher Demko and Kevin Lankinen. He is coming off a terrific Calder Cup-winning postseason with the Abbotsford Canucks (AHL), posting a stellar 2.01 GAA and .931 SV% in 24 appearances (16-7). With the recent departure of Alex Nedeljkovic, Silovs could have an opportunity for a heavier workload at the NHL level this season.

San Jose acquired some grit and toughness late Thursday night when they announced they had traded 24-year-old defenseman Henry Thrun to Toronto for forward Ryan Reaves. Reaves is a 38-year-old enforcer entering his 16th NHL season and should find a spot in San Jose's bottom-six. He struggled to stick with Toronto last season, collecting just two assists and 28 PIMs in 35 games played.

Toronto added to its defensive depth late Thursday night after they acquired Henry Thrun from San Jose for 38-year-old enforcer Ryan Reaves. Thrun is a 24-year-old mobile defenseman entering his third full NHL season. He put up two goals and 12 points despite an ugly -23 plus/minus across 60 games with the Sharks in 2024-25. He will battle for one of Toronto's final defensive spots to start the season.

Dallas managed to move some much-needed salary on Thursday after trading Matt Dumba ($3.75M cap hit) and a 2028 2nd Round Pick to Pittsburgh for Vladislav Kolyachonok. Kolyachonok is a 24-year-old defenseman entering his fifth NHL campaign, having recorded two goals and seven points in 35 games played between Utah and Pittsburgh last season.

Pittsburgh took advantage of Dallas' need to shed salary on Thursday by acquiring Matthew Dumba and a 2028 2nd Round Pick from Dallas for Vladislav Kolyachonok. Dumba has been on the move often lately, joining his fifth team in the last four seasons, entering his 13th NHL season. In 63 games with Dallas in 2024-25, he had a goal, 10 points and 60 PIMs.

Minutes after being acquired by Edmonton in a trade with Tampa Bay for Sam O'Reilly, Isaac Howard has signed a three-year, entry-level contract with the Oilers. The 21-year-old forward was the 2025 Hobey Baker Award winner after putting up 26 goals and 52 points in 37 games with Michigan State University (NCAA). He is expected to be in Edmonton's opening night lineup.

With Tampa Bay expected not to sign Isaac Howard, they have traded his rights to Edmonton for Sam O'Reilly on Tuesday night. O'Reilly is a 19-year-old center who was drafted by Edmonton at the end of the 1st round (32nd overall) in the 2024 Draft. He put up 28 goals and 71 points in 62 games with London in his third OHL season and is expected to return for the Knights for the upcoming 2025-26 season.

In a trade that swaps two high-end draft picks that have been unable to establish themselves at the NHL level, Bordeleau heads to New Jersey for a change of scenery. The 23-year-old Bordeleau played 59 games with the San Jose Barracuda (AHL) last season, scoring 38 points (14G / 24A).

Bowers was a first-round pick of the Ottawa Senators in the 2017 NHL Entry Draft but the 25-year-old has not been able to establish himself at the NHL level, limited to only 13 career games. He had 17 points (3G / 14A) in 65 games with the Utica Comets (AHL) last season.

The 22-year-old Morrow has not yet established himself as a full-time NHL player but has high expectations after brief stints with the Carolina Hurricanes. He had six points (1G / 5A) in 14 games with the Hurricanes last season. He could be poised to take a more regular role with the Rangers in the 2025-26 season.

Miller has been rumoured in trades since last season, finally materializing in a deal sending him to the Carolina Hurricanes in exchange for Scott Morrow, a first-round pick, and a second-round pick. The 25-year-old Miller will likely step into a larger role on Carolina's blueline after the expected departure of Brent Burns. He spent his first five seasons with the New York Rangers, recording 132 points (36G / 96A), 504 blocks, and 661 hits in 368 career games.

The Sharks are heading in a different direction between the pipes in the 2025-26 season, now with Alex Nedeljkovic and Yaroslav Askarov battling for the crease. The 29-year-old Nedeljkovic posted a subpar 3.12 GAA and .894 SV% in 38 appearances last season (14-15-5) on a Pittsburgh Penguins team that struggled defensively.

Buffalo shed $2 million worth of salary just minutes before Tuesday's free agency window by trading Sam Lafferty to Chicago for a 2026 6th-round pick. The 30-year-old center appeared in 60 games in 2024-25, picking up four goals, seven points and a -15 plus/minus. He is expected to take a bottom-six role with Chicago in the upcoming season.

St. Louis and Montreal completed a one-for-one prospect swap on Tuesday after moving forward Zack Bolduc for defensemen Logan Mailloux. The 22-year-old Mailloux was Montreal's 2021 1st round pick (31st overall) but only appeared in seven games in 2024-25, still managing to pick up two goals and four points. He is expected to compete for one of St. Louis' final defensive spots to start the 2025-26 season.

Montreal and St. Louis completed a one-for-one prospect swap just hours before the Free Agency window after they agreed to trade forward Zack Bolduc for Logan Mailloux. Bolduc is a 22-year-old right-winger who was drafted in the 1st round (17th overall) of the 2021 NHL Draft. Across 72 games with St. Louis in his first full season in 2024-25, he had 19 goals, 36 points and a +20 plus/minus.

Edmonton has shed $4 million for the upcoming season after it traded Viktor Arvidsson to Boston for a 2027 5th-round pick on Tuesday. The 32-year-old winger is entering his 12th NHL season after a down year with Edmonton in 2024-25, picking up 15 goals, 27 points and 24 PIMs in 67 games played.

The Hurricanes solidified their goaltending by acquiring Primeau, who will likely rank third on their depth chart behind Frederik Andersen and Pyotr Kochetkov. The 25-year-old Primeau had spent the entirety of his career with the Montreal Canadiens. He struggled last season, posting a 4.70 GAA and .836 SV% in 11 games with the Canadiens (7-2-3).

By acquiring Marner's rights, the Golden Knights were able to secure an eight-year contract worth $12M AAV before free agency opened on July 1st. Marner entered the league as a 19-year-old in the 2016-17 season and played the entirety of his nine-year career with the Toronto Maple Leafs, being amongst the league leaders over that time with 741 points (221G / 520A) in 657 games. The 28-year-old Marner will be motivated to continue his point-per-game production with a new team, likely playing alongside Jack Eichel.