What happened: Connor Hellebuyck remains intent on leaving Winnipeg after requesting a trade several months ago. Proposed Buffalo packages featured Ryan McLeod, Ukko-Pekka Luukkonen or Alex Lyon, Radim Mrtka and a 2027 first-round pick; a New Jersey framework included Dawson Mercer and a 2027 first.
Why it matters: The discussions underline the premium Winnipeg seeks: a top-six forward, a goaltending asset and a first-round pick. Buffalo's trade protection for Luukkonen and Josh Norris could complicate any package involving either player.
What to watch: Watch whether Winnipeg and Buffalo can clear contract and no-trade-clause issues. New Jersey's willingness to add assets beyond Mercer would shape any rival proposal.