As teams advance in the NHL's conference finals, with the Carolina Hurricanes, Dallas Stars, Edmonton Oilers, and Florida Panthers emerging victorious, the focus shifts to the eight franchises that were eliminated from the postseason. Each of these teams faced formidable opponents, making their exits even more notable. As they prepare for the offseason, a key question arises: what steps can these teams take to improve and mount deeper playoff runs in the future? Trades often play a significant role in the team-building process, which raises the opportunity to explore potential trade ideas for each eliminated franchise.

For the Vancouver Canucks, the discussion around a potential trade of Elias Pettersson is intriguing despite the team's inclination to retain the talented forward. The Canucks' front office, aided by Jim Rutherford, has shown unpredictability in past decisions. While moving Pettersson might not be their intent, a fresh start in Colorado could be beneficial for both parties, considering the Avalanche's need for a strong second-line center to complement Nathan MacKinnon. Potential trade discussions could start with Martin Necas, recently acquired by Colorado, as both teams look to improve their rosters.

The Los Angeles Kings, having suffered four consecutive first-round exits, might benefit from bolstering their offensive capabilities. A well-considered target could be Rickard Rakell, who has proven to be an effective scorer at a reasonable salary. Despite some financial implications of such a trade, the Kings may identify Rakell as an asset that could enhance their goal-scoring approach. Additionally, the Minnesota Wild find themselves in a favorable position after navigating the challenges of the Zach Parise and Ryan Suter buyouts. To support superstar Kirill Kaprizov, acquiring Anders Lee could provide the Wild with the consistent scoring presence they have been lacking, as he brings experience and remains a contributor on the power play.

With the Montreal Canadiens experiencing a resurgence after an unexpected playoff appearance, they now seek to complement their growing core, including young talents like Nick Suzuki and Cole Caufield. A trade for Marco Rossi might prove advantageous, considering his potential as an impactful second-line center. The Canadiens have the assets necessary for such a move, with nine draft picks in the first four rounds of the upcoming draft, offering them considerable trade capital. Meanwhile, the New Jersey Devils are also on the lookout for ways to enhance their roster, particularly following a brief playoff run. Targeting Jared McCann, who can fulfill various positions within the lineup, would be a strategic move to improve their offensive depth, especially given their existing young talent.

In Ottawa, the Senators face challenges with multiple high-value contracts already on their roster. However, acquiring Rasmus Ristolainen from the Flyers could address their need for a new right-side defenseman, an area they seek to upgrade. Although adding another substantial contract could seem over the top, Ristolainen’s potential impact as a solid player could justify the move. For the St. Louis Blues, the possibility of moving captain Brayden Schenn warrants consideration. With the team encumbered by salary cap limitations and the need for future flexibility, a trade could provide them an opportunity to address aging in the lineup while capitalizing on Schenn's current market value.

As for the Arizona Coyotes, the development of forward Matias Maccelli has hit a bump in the road, making him a candidate for a trade. His youth and affordability present an appealing proposition for a team like the Tampa Bay Lightning in need of fresh talent. While recent struggles may have impacted Maccelli's status, a new environment could spark a revival in his performance. On the horizon for the Toronto Maple Leafs looms the prospect of significant changes, particularly given the uncertain future of key players like Mitch Marner and John Tavares. If either player departs, New York Rangers’ Chris Kreider could emerge as a viable replacement, possessing both playoff experience and potential value.

Finally, the Las Vegas Golden Knights aim to secure a long-term extension for center Jack Eichel. Alongside that priority, exploring options to trade one of their surplus centers, such as William Karlsson or Nicolas Roy, could create additional salary cap flexibility while bringing in necessary help on the wing. Meanwhile, the Washington Capitals, having surprised many by earning the top seed in the Eastern Conference, still see the need to enhance their third-line center position. Targeting New York Islanders forward Jean-Gabriel Pageau could provide the Capitals with a dual-threat of offense and defense, making him a strong candidate for improvement within their lineup.