The Edmonton Oilers have recently engaged in discussions regarding a potential trade for Mikko Rantanen. Although the Oilers were offering a package that exceeded what Rantanen received from the Dallas Stars, it ultimately fell short of what was necessary to finalize a deal with the Carolina Hurricanes. In parallel discussions, the Oilers also explored options for acquiring Richard Rakell from the Pittsburgh Penguins and Ryan Donato from the Chicago Blackhawks.

Meanwhile, the Toronto Maple Leafs have signaled their intention to retain Mitch Marner but entertained the notion of a trade involving Rantanen, as both players are approaching free agency. Marner expressed his commitment to the Maple Leafs for the current season, indicating he would prefer to assess his future during the offseason. The New Jersey Devils showed interest in both Rantanen and Brock Nelson, but their trades did not materialize due to asset limitations.