What happened: Red Wings captain Dylan Larkin has reportedly included the Florida Panthers on his approved three-team trade list as he seeks an exit from Detroit. The elite center, who holds a full no-trade clause, is also considering the Vegas Golden Knights and Minnesota Wild following the Red Wings' tenth consecutive season without a postseason appearance.

Why it matters: For Florida, acquiring Larkin would solidify their center depth behind Aleksander Barkov as they look to rebound from an injury-plagued 2025-26 campaign. The move would bring a premier two-way player to a roster already featuring Matthew Tkachuk, though it likely requires parting with the ninth overall pick in the upcoming 2026 NHL Draft.

What to watch: Expect trade discussions to accelerate ahead of the NHL Draft on June 26, which serves as a natural deadline for a deal involving Florida's first-round selection.