The Toronto Maple Leafs are parting ways with superstar winger Mitch Marner, sending him to the Vegas Golden Knights in a blockbuster deal ahead of NHL free agency. Marner's new eight-year contract totals $96 million, a strategic move as he would have been limited to a seven-year deal if he had tested the market. After a stellar nine-year run in Toronto, where he registered 741 points in 657 games, Marner leaves behind a mixed playoff legacy, struggling in critical postseason moments.

Meanwhile, the Edmonton Oilers are securing their future by extending defenseman Evan Bouchard with a four-year, $42 million contract. Bouchard has emerged as a key player for the Oilers, known for his powerful shot, contributing significantly in both regular and playoff performances. Other notable moves include the re-signing of winger Kasperi Kapanen and the acquisition of Matias Maccelli by the Maple Leafs, showcasing the frantic activity leading up to free agency.