What happened: Buffalo has traded goaltender Devon Levi to Edmonton in a swap centered on draft capital. Per the terms circulating, the Oilers acquire Levi and a late 2028 selection while the Sabres come away with a 2028 third-round pick. The move gives the Oilers a low-cost, high-upside option between the pipes heading into the 2026-27 season.

Why it matters: For Edmonton, adding a young goaltender addresses a position that has repeatedly been scrutinized during its recent deep playoff runs, offering organizational depth without a heavy price. For Buffalo, moving on from Levi continues a reshaping of its goaltending picture after the same Devon Levi was floated as a candidate for a fresh start earlier this offseason. The return of a mid-round pick signals a straightforward change-of-scenery deal rather than a blockbuster.

What to watch: Watch how Edmonton slots Levi into its goaltending depth chart entering 2026-27 and whether Buffalo redirects the acquired pick in further offseason moves.