Carey Price’s $10.5 million cap hit is at the center of Montreal’s cap-clearing debate, with the Canadiens aiming to move him using futures rather than gutting their current roster. They have signaled they won’t part with top prospects Michael Hage and David Reinbacher, whose rising stocks and potential as a future top-four backbone make them priceless assets in trade talks. The team is juggling LTIR timing and a September 1 bonus, while staying over the cap for now, signaling more maneuvering could follow once Price is moved.

Oilers chatter links Edmonton to cap-friendly shuffles, notably Jake Walman, as teams chase flexibility. Florida’s Matthew Tkachuk remains a wildcard, weighing a 50/50 surgery decision that could sideline him for two to three months after a torn adductor/sports hernia, a fitness-health risk coach Paul Maurice described as hampering his playoff form. The summer’s cap arithmetic and asset valuation underline a delicate, high-stakes chess game among Montreal, Florida, and rival suitors.

In short, cap space, asset value, and injury timelines are shaping a volatile market where price-tag moves could cascade into further roster reshaping for the start of the season.