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Capitals hold cap space for Ovechkin while Lightning, Kings and Islanders execute offseason roster adjustments.
Hurricanes land Carlson rights in low-cost swap ahead of free agency.
Buffalo and St. Louis dominated the 2026 NHL Draft first round by securing five high picks through fourteen total trades.
Capitals add Kyrou and Tuch to target 2026-27 Cup contention after 2025-26 playoff miss.
Buffalo executes major trades to reset roster around draft capital and youth.
Three trades reshaped six NHL rosters on June 23, 2026.