It was a night unlike what most expected in KeyBank Center in Buffalo for the 2026 NHL Draft. From pop stars announcing picks to a flurry of trades, the night would showcase the next generation of NHL stars who are here to change the competitive landscape of hockey. On this night, this year’s decentralized draft was pure theater.
With the first round officially in the books and the frenzy of free agency looming on July 1st, let’s break down the clear winners, the aggressive “sinners” who gambled big on draft day, the absolute losers, and the critical moves that still need to be made.
Major Draft-Week Blockbuster Trades
The Absolute Winners
Toronto Maple Leafs
Toronto caught a massive break in the lottery, jumping up from an 8.5% chance to grab the top spot. They used it to take Penn State winger Gavin McKenna at No. 1 overall.
McKenna tore up the college ranks last year despite being one of the youngest players on the ice. He slots right into a top-six group that already features Auston Matthews and William Nylander, giving Toronto a major scoring threat on an entry-level contract.
San Jose Sharks
Sharks General Manager Mike Grier ran the floor in the first round. He shipped William Eklund to Ottawa, which freed him up to take skilled Swedish winger Ivar Stenberg at No. 2 instead of reaching for a defenseman.
Grier then flipped his new assets to draft defenseman Keaton Verhoeff at No. 9 and traded up again for blue-liner Ryan Lin at No. 21. San Jose walked out of the arena with a much tougher, deeper pool of young talent.
St. Louis Blues
Blues GM Doug Armstrong completely reshaped his roster over three days. After clearing Jordan Kyrou’s cap hit and bringing in Connor McMichael, he traded his picks to Anaheim for center Mason McTavish.
Armstrong then drafted collegiate center Tynan Lawrence at No. 11. St. Louis suddenly looks incredibly strong down the middle with proven young NHL size and fresh skill.
The Draft-Day Risky Gamblers
Ottawa Senators
Ottawa management infuriated their fans by trading captain Brady Tkachuk to Florida for a package built around the ninth pick. They immediately moved that pick to San Jose for William Eklund, Kasper Halttunen, and Brandon Svoboda.
Eklund has real talent at 23, but moving a player of Tkachuk’s stature for a group of young wingers puts management on a very hot seat. You do not replace that kind of locker room leadership easily.
Buffalo Sabres
Buffalo wanted to make a move on their home floor, but the price tag hurts. They gave up defenseman Bowen Byram and winger Jordan Greenway to jump to No. 4 for defenseman Daxon Rudolph.
Rudolph has excellent tools and a high hockey IQ. Still, trading proven NHL regulars for an unproven rookie forces Rudolph to produce immediately under intense hometown pressure.
The Clear Losers
Seattle Kraken
Seattle keeps swinging and missing on big-name forwards. Reports confirmed Dallas star Jason Robertson nixed a massive sign-and-trade to the Kraken, just months after Artemi Panarin rejected a similar move.
They selected right-handed defenseman Chase Reid at No. 7, who is a solid prospect and certainly was not expected to be sitting there to be drafted. However, the front office left Buffalo without the top-line scoring winger they spent all year trying to acquire.
Anaheim Ducks
Anaheim’s direction under Pat Verbeek is tough to figure out. He traded 23-year-old power forward Mason McTavish, who already has a 40-point NHL season, to St. Louis for the 15th and 29th picks.
Moving a young, physical center for draft picks stalls the team’s progress when they should be trying to win games.
The Moves That Still Need to be Made
The draft is over, and general managers turn their attention to free agency on July 1st. Several rosters still have glaring weaknesses to patch before training camp.
Seattle Kraken: Find a Scorer
Missing out on Robertson means GM Ron Francis has to use his available cap space on the open market. He needs to land a top-line winger in free agency. Seattle cannot start the season without someone who can consistently finish plays.
The Goaltending Market
Utah traded the 23rd pick to Detroit for young goaltender Sebastian Cossa, solidifying their net. Detroit took the draft picks but left themselves without an established starter. The Red Wings and Toronto will be burning up the phone lines looking for goalies this week.
St. Louis Blues: Fix the Defense
St. Louis added McTavish and McMichael up front, but their blue line lacks depth. Armstrong has the cap space to make another move. His next priority is trading for or signing a top-four shutdown defenseman who can clear the porch.
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