What happened: The Toronto Maple Leafs have acquired forward Nick Paul from the Tampa Bay Lightning in exchange for goaltender Hildeby and draft picks. The Maple Leafs confirmed the move, adding Paul to their forward group ahead of the 2026-27 season.

Why it matters: Paul gives Toronto a heavier, versatile forward who can slot into the middle six and contribute on the penalty kill, addressing a need for size and defensive reliability up front. For Tampa Bay, moving Paul and recouping a goaltender and picks signals a reshaping of its depth as the Lightning manage their roster and cap situation heading into the new season.

What to watch: Watch for how Toronto deploys Paul in its lineup and line combinations, and where Hildeby fits into Tampa Bay's goaltending depth chart as both clubs finalize their 2026-27 rosters.