The New York Islanders shipped center Brock Nelson and prospect forward William Dufour to the Colorado Avalanche in exchange for defenseman Oliver Kylington, prospect forward Calum Ritchie, a conditional first-round pick in the 2026 NHL Draft, and a conditional third-rounder in 2028. The Islanders retained 50 percent of Nelson’s $6 million AAV and flipped Kylington to the Anaheim Ducks for future considerations. 

The Edmonton Oilers acquired defenseman Jake Walman from the San Jose Sharks. TSN reports it appears to be a conditional pick and a prospect going to the Sharks. 

The Vancouver Canucks trade defenseman Carson Soucy to the New York Rangers in exchange for a 2025 third-round draft pick.

The New York Rangers traded winger Reilly Smith to the Vegas Golden Knights in exchange for forward Brendan Brisson and a 2025 third-round pick. The Rangers retained 50 percent of Smith’s $5 million cap hit. He is UFA-eligible on July 1.

New York Rangers trade Reilly Smith to the Vegas Golden Knights (NHL Images).

The New Jersey Devils acquired defenseman Brian Dumoulin from the Anaheim Ducks in exchange for a second-round pick in 2025 and prospect Herman Traff. The Ducks retained half of Dumoulin’s $3.15 million cap hit. He is eligible for UFA status on July 1.

The Panthers also sent goaltender Chris Driedger to the Winnipeg Jets in exchange for goaltender Kaapo Kahkonen.

The San Jose Sharks traded forward Nico Sturm and a 2027 seventh-round pick to the Florida Panthers in exchange for a 2026 fourth-rounder.