What happened: Ottawa discussed a bonus-laden contract for the unrestricted free agent before concluding he was not the right roster fit. Larkin prefers to remain in the United States, while his full no-trade clause runs until 2028. Toronto signed Brendan Brisson to a one-year, two-way deal worth $850,000 in the NHL and $300,000 in the AHL.
Why it matters: Ottawa's decision removes one potential destination for an established scorer. Larkin's control over his destination could constrain trade talks, while Toronto must move a contract before making another addition.
By the numbers: Laine has 224 goals and 422 points in 537 NHL games. Brisson recorded one assist in three NHL games and 37 points in 66 AHL games last season. Larkin carries an $8.7 million cap hit through 2030-31.
What to watch: Training-camp transactions will show whether Toronto creates flexibility at the contract limit. Laine's next destination and any change to Larkin's approved list bear watching.