As the calendar progresses toward June, the focus in the hockey community shifts to the Stanley Cup Final rematch between the Edmonton Oilers and Florida Panthers. Following the conclusion of the playoffs later this month, the NHL offseason will commence, including the highly anticipated 2025 NHL Draft, scheduled to take place in Los Angeles from June 27 to 28. Although the trade market has been relatively quiet since the March 8 trade deadline, it is expected to revive as teams look to improve their rosters for the upcoming season and beyond, particularly in the lead-up to the draft weekend.

Rumors surrounding potential trades have intensified as the postseason has unfolded, with various high-profile NHL players being discussed. Some names, including Chris Kreider of the New York Rangers and Erik Karlsson of the Pittsburgh Penguins, have previously featured on the Moneyline May NHL Trade Block Big Board. Meanwhile, newer additions such as Jonathan Marchessault from the Nashville Predators and JJ Peterka of the Buffalo Sabres have entered the conversation. Seven players from the May list—including Vancouver's Elias Pettersson and Thatcher Demko, New York Rangers' Mika Zibanejad, Boston's Joonas Korpisalo, Utah's Matias Maccelli, and New York Islanders' Jean-Gabriel Pageau and Anders Lee—are no longer included due to a lack of trade speculation throughout May. As the month progresses, Krieder, Karlsson, Marchessault, and Peterka remain key figures on the radar for trades.

The Montreal Canadiens made a significant acquisition last August when they brought in Patrik Laine from the Columbus Blue Jackets, aiming to bolster their offensive capabilities. Despite a slow start due to a knee injury that sidelined him for the first two months of the season, the 28-year-old winger managed to net 20 goals and accumulate 33 points across 52 games, primarily as a power-play specialist. However, his production declined toward the end of the regular season and into the playoffs, as he played only two postseason games before sustaining a broken finger. On May 2, Pat Hickey of The Montreal Gazette highlighted Laine's precarious position within the Canadiens, suggesting it might be prudent for the team to consider a trade. Hickey expressed concerns regarding Laine's fit within Montreal's fast-paced system. Just three days later, Canadiens' general manager Kent Hughes defended Laine by stating that the team would not have made the playoffs without him. Laine is set to enter the final season of his contract with an average annual value of $8.7 million, accompanied by a 10-team no-trade clause. While it appears unlikely that he will be moved, his status as a trade candidate should be monitored, especially if the Canadiens seek to create additional cap space for forthcoming moves.

In the realm of trading activity, the New York Rangers emerged as one of the most active teams during the NHL trade market throughout the regular season, with general manager Chris Drury making commendable changes to the roster. It is anticipated that Drury will continue to refine the team during the offseason, focusing on offloading veterans who no longer meet his long-term strategy. Notably, in December, Drury traded winger Kaapo Kakko (the second overall pick from the 2019 NHL draft) to the Seattle Kraken in exchange for defenseman Will Borgen. On May 6, the New York Post's Mollie Walker indicated that shopping Alexis Lafrenière could be on the table for Drury. The 23-year-old winger, selected with the first overall pick in the 2020 draft, signed a seven-year extension last October. After posting a promising 57 points last season, Lafrenière regressed to 45 points this year. The Rangers are likely to retain Lafrenière to evaluate his performance under newly appointed head coach Mike Sullivan; however, a trade cannot be dismissed given the current circumstances.

Another intriguing trade possibility emerged at the 2024 trade deadline when the Pittsburgh Penguins dealt Jake Guentzel to the Carolina Hurricanes, a surprising move given Guentzel's long-standing partnership with team captain Sidney Crosby. This development raises speculation about whether another of Crosby's former linemates, Bryan Rust, could be available for trade. On May 29, Josh Yohe of The Athletic reported that teams were making inquiries regarding Rust's availability, particularly as his no-movement clause comes to an end on July 1. The 33-year-old Rust has been a consistent performer alongside Crosby, surpassing 20 goals and 40 points each season since 2019-20, and he posted a career-high 31 goals and 65 points this year. He carries an average annual value of $5.13 million until the 2027-28 season. While Yohe expressed skepticism about the likelihood of Rust being traded due to his established role and status as an alternate captain, the Penguins are in a rebuilding phase and might be open to offers that enhance the team’s youth and talent.

In light of the St. Louis Blues' first-round exit from the playoffs against the Winnipeg Jets, Jeremy Rutherford of The Athletic raised questions regarding the future of Jordan Kyrou within the organization. Kyrou, a 27-year-old winger who led the Blues with 36 goals and finished with 70 points this season, will see the start of his no-trade clause implemented on July 1. Rutherford acknowledged Kyrou's strong regular-season performance but noted his lackluster postseason effort, during which he managed just three goals in seven games and was on the ice for five goals-for and five goals-against. He speculated whether Kyrou aligns with the club's long-term vision under future general manager Alex Steen. Given Kyrou's scoring ability and speed, he could attract significant interest in trade talks; however, finding suitable replacements could prove challenging. While a move seems unlikely, the approaching deadline of his no-trade clause warrants attention as teams begin their summer trading efforts.

The Tampa Bay Lightning welcomed Isaac Howard to their organization as the 31st overall selection in the first round of the 2022 NHL Draft. A promising offensive winger during his time at Michigan State, Howard received the Hobey Baker Memorial Award, recognizing him as the top NCAA men's hockey player for the year. Despite this promising trajectory, the 21-year-old does not foresee his future with the Lightning. On May 2, Tampa Bay's general manager Julien BriseBois reaffirmed the likelihood of Howard not signing an entry-level contract, although discussions with his agent may continue in hopes of reaching an agreement. While Howard will not become an unrestricted free agent until August 2026, the Lightning’s general manager may consider placing him on the trade block if the two sides cannot reach an accord. His skill set will undoubtedly garner attention from teams looking to bolster their prospect pools, especially amidst rebuilding efforts.

The Philadelphia Flyers face a pressing need to enhance their center depth, particularly as an aging Sean Couturier and an inconsistent Noah Cates currently occupy their top-two center spots. On May 21, William James of Philly Hockey Now proposed utilizing Owen Tippett as a trade asset to address this shortcoming. The 26-year-old winger has demonstrated goal-scoring consistency, netting 20 or more goals in each of the last three seasons. Under a contract that extends through 2031-32 at an average annual value of $6.3 million, trading Tippett would represent a challenging decision for general manager Daniel Brière; however, given the depth at center and the re-signing of other promising players like Matvei Michkov, he may emerge as the best candidate to facilitate a trade that brings in a top-two center. At 6'1” and 210 pounds, Tippett is a versatile and speedy winger capable of playing either side, complemented by a hard and accurate shot, making him a desirable option for teams in search of bolstering their top-six forward group.

Promising defenseman K'Andre Miller had a breakout season in 2022-23, recording 43 points and appearing positioned to become a top-two, two-way defenseman; however, recent performances have gone in the opposite direction, leaving him subject to trade speculation. Set to become a restricted free agent with arbitration rights on July 1, Miller is completing a two-year deal with an average annual value of $3.9 million. Despite some setbacks, expectations are that he might command over $6 million annually on a longer-term agreement. On May 29, The Hockey News' Remy Mastey cited Sportsnet's Elliotte Friedman, suggesting that the Rangers are exploring the trade market for Miller. While there is no certainty surrounding a potential trade, the team aims to gauge his value in relation to other clubs. Given the Rangers' proactive approach to reshaping their roster, Miller may be among those on the move if Drury identifies a trade opportunity that aligns with the franchise's future objectives.

In Calgary, the retooling Flames intend to pursue a contract extension with Rasmus Andersson starting July 1. As he becomes eligible to hit unrestricted free agency next July, Andersson is primed for a substantial raise over his current average annual value of $4.6 million, especially as an alternate captain and top-two defenseman. Maintaining his presence within the lineup is crucial, as Flames' general manager Chris Conroy aims to avoid trading him during the season, reminiscent of previous offseason moves involving Noah Hanifin and Elias Lindholm. Should negotiations for an extension prove difficult, trading Andersson could be on the table. Potential destinations for him include the Buffalo Sabres, Carolina Hurricanes, Toronto Maple Leafs, Dallas Stars, and Montreal Canadiens, as outlined by Sportsnet's Ryan Dixon. Speculation also arose on May 20 by Bruce Garrioch of the Ottawa Sun, indicating that the Senators might be a fit. However, Daily Faceoff's Anthony Di Marco reported that Andersson's no-trade clause may prevent any dealings with Ottawa, as they are among the teams he would prefer not to join.

As the St. Louis Blues aimed for a playoff berth, team captain Brayden Schenn appeared in trade discussions leading up to the March 8 trade deadline. However, the organization was not proactively shopping the 33-year-old two-way center, and he expressed reluctance to waive his no-movement clause. Despite this, Schenn remained on Moneyline's April offseason trade target list, suggesting that teams might circle back in the offseason after initially inquiring about his availability. On May 6, Jeremy Rutherford of The Athletic speculated whether the Blues may re-engage with Schenn to discuss a potential trade. He will be 34 next season and has three years remaining on his contract with an average annual value of $6.5 million. The Blues could be hesitant to consider offers for Schenn; nonetheless, teams potentially seeking a center may approach him should they fall short in the free-agent market, and a compelling offer could lead the Blues to reconsider.

JJ Peterka has steadily evolved into a reliable scoring option for the Buffalo Sabres since making his full rookie debut last season. Now 23 years old, he finished this past season as the Sabres' second-leading scorer with a career-high 68 points. While completing his entry-level contract and lacking arbitration rights this summer, reports from The Hockey News indicate that Peterka is garnering interest as a potential trade target. Sources have noted that several teams made offers for the young winger leading up to the trade deadline, which were ultimately rejected by Sabres' general manager Kevyn Adams, who views Peterka as a core player for the franchise. Nevertheless, apprehensions remain about the potential for a trade if negotiations become contentious and he is perceived at risk of receiving an offer sheet. The Sabres possess over $23 million in cap space, granting them the ability to match any offer sheet. However, an attractive trade proposal could prompt them to consider moving Peterka, who could yield a significant return.

The Nashville Predators made notable strides in last summer's free agent market, acquiring forwards Steven Stamkos and Jonathan Marchessault, along with defenseman Brady Skjei. However, these acquisitions did not translate into success, resulting in the Predators finishing 28th overall in the standings and missing the playoffs. On May 27, Daily Faceoff's Frank Seravalli suggested that Marchessault might be open to a trade, as the 34-year-old winger experienced a significant drop in production, registering only 21 goals compared to his career-high 42 goals from the previous season with the Vegas Golden Knights. Marchessault remains under contract for four more years, with an average annual value of $5.5 million. Seravalli noted that the Quebec native may see a move to the Montreal Canadiens as an appealing opportunity, though there are speculations that the Canadiens might not be interested, given their previous attempt to sign him last summer with a lesser offer. Additionally, a reunion with the Golden Knights cannot be ruled out; however, contractual obligations may pose a challenge. He has also been mentioned as a trade target for the Toronto Maple Leafs.

Erik Karlsson, a significant figure in trade discussions, remains under consideration as the offseason approaches. Reigning as one of the premier talents among defensemen, the 35-year-old from the Pittsburgh Penguins continues to generate interest. Following his acquisition by the Penguins in August 2023, expectations were high for Karlsson to contribute to their playoff aspirations. However, with two years remaining on his contract with a cap hit of $11.5 million, the Penguins are in a rebuilding phase and it is becoming clear that Karlsson may not be compatible with the team's future plans. While his high salary and defensive inconsistencies could deter some suitors, teams in search of a veteran puck-moving defenseman may find his skill set alluring. Daily Faceoff's Frank Seravalli noted that the Toronto Maple Leafs could particularly benefit from Karlsson’s experience, especially given their need for a power-play quarterback, even if his ability to fill that role is now under question. If the Maple Leafs show disinterest, other teams may be willing to engage in discussions—potentially if the Penguins retain part of his salary.

Chris Kreider, a prominent player in trade discussions this season, consistently piqued the interest of various teams. The 34-year-old winger for the New York Rangers topped Moneyline's May Trade Block Big Board due to his goal-scoring potential and reliability. Kreider was included in a league-wide notice of players available for trade from Rangers' general manager Chris Drury. While injuries hampered his performance during the season and may have impacted trade interest, the offseason provides a fresh opportunity for teams in need of scoring to engage with Kreider. Drury aims to retool the roster in hopes of bouncing back next year. On May 20, Peter Baugh of The Athletic speculated that a cost-cutting measure might lead to Kreider's departure as the Rangers look to free up cap space for future moves. With two years remaining on his contract, which carries an average annual value of $6.5 million, Kreider presents some challenges for Drury due to his 15-team no-trade list. However, there is potential for collaborations in identifying a suitable destination.

Marco Rossi, a center for the Minnesota Wild, continues to build on his career as he completes his entry-level contract. Coming off a career-best 60-point season, the 23-year-old is poised to enter restricted free agency but lacks the ability to seek arbitration. Despite his recent success, trade rumors have followed Rossi throughout the season, and he was featured on Moneyline's NHL Offseason Trade Targets list in April. Following the Wild's early playoff exit, Michael Russo and Joe Smith of The Athletic raised questions about Rossi's position within the organization's long-term plans. While they could choose to resign him, they may also consider using him as trade bait to acquire more reliable talent for their top-six forwards. Reports from May 28 by RG.Org's James Murphy indicate that multiple teams, including the Philadelphia Flyers, Buffalo Sabres, Pittsburgh Penguins, Chicago Blackhawks, and Seattle Kraken, have shown interest in Rossi, increasing the likelihood of a compelling trade offer emerging.

Bowen Byram, acquired by the Buffalo Sabres from the Colorado Avalanche last season, experienced a breakout year, concluding the season with a career-high 38 points in 82 games. His success has firmly established him as a restricted free agent with arbitration rights set to commence on July 1. Given his performance, Byram is expected to seek a significant raise over his current average annual value of $3.9 million. On May 1, Lance Lysowski of The Buffalo News reported that Sabres management may prioritize contracts for forwards Alex Tuch, JJ Peterka, and Ryan McLeod, leading to speculation that Byram could be traded to attain a veteran right-shot defenseman to pair with left-shot blueliner Owen Power. Three weeks later, Sportsnet's Elliotte Friedman indicated that the Sabres are actively assessing Byram’s trade value, signaling the possibility of a player-for-player swap to enhance their defensive lineup or invigorate their forward corps.