What happened: The Washington Capitals have acquired forward Jordan Kyrou from the St. Louis Blues, the team announced. In return, St. Louis receives forwards Connor McMichael and Milton Gastrin along with Washington's 16th overall pick in the 2026 NHL draft.

Why it matters: Kyrou gives Washington an established top-six scoring threat as it retools its forward group, while St. Louis adds a younger forward in McMichael, a prospect in Gastrin and a mid-first-round selection to fuel its own reset. The swap reshapes both clubs' depth charts heading into the 2026 season and continues a busy stretch of Blues roster moves, including the same package sent back to St. Louis in this deal.

What to watch: Watch how each team slots in its new pieces and whether St. Louis uses the No. 16 pick or packages it in further offseason moves.