What happened: The Florida Panthers have agreed to terms with defenseman Matvei Shuravin on a three-year, entry-level contract, according to NHL.com. The deal brings the young defenseman into the organization on a standard rookie pact.

Why it matters: Entry-level contracts lock in a prospect's rights at a fixed, cost-controlled cap hit, which is valuable for a Florida team that has carried heavy commitments through recent deep runs. Adding controllable depth on the back end gives the club cheap optionality as it manages its blue line.

What to watch: Watch whether Shuravin slots into Florida's development pipeline for next season and how the signing factors into the Panthers' offseason cap planning.