With the NHL Draft coming up on June 27 and free agency opening on July 1, discussions between NHL general managers are heating up towards a busy off-season.
Each day, TSN.ca provides the latest rumours, reports and speculation from around the NHL beat.
Despite not having a first-rounder in 2015 after dealing the pick for Thomas Vanek, New York Islanders GM Garth Snow is not guarding his 2014 first-rounder too closely.
The Islanders - who hold the fifth overall pick in Friday's Draft - are apparently open for business on the pick, according to Newsday's Arthur Staple.
"We're open to trading the pick for someone we think can come in and help us right away," Staple quoted Snow as saying.
So what's the cost of doing business?
Staple speculates that the Islanders' largest need is either a top-pair defenseman or a top-line left winger to complement John Tavares and Kyle Okposo.
The St. Louis Blues could be on many teams' watch list for potential free agents targets.
With the team locking up Jay Bouwmeester and Alexander Steen prior to free agency, the team could be posied to flood the market with veteran talent on July 1, according to Jeremy Rutherford of the St. Louis Post-Dispatch.
Rutherford reports that the likes of Steve Ott, Brenden Morrow, Derek Roy, and Ryan Miller likely will not be signed prior to Canada Day to give Blues GM Doug Armstrong flexibility at this coming Friday.
"I want to make sure we have the ability to make player acquisitions at the Draft," Armstrong told Rutherford.
The soon-to-be-Arizona Coyotes have some cash to play with as July 1 approaches.
However, as AZCentral Sports' Sarah McLellan points out, they might be wise not to spend it all at once.
While the likes of Marian Gaborik, Ales Hemsky, Jussi Jokinen or Mike Cammalleri could be had, McLellan believes the 'Yotes should think smaller and deeper.
She suggests the likes of Brenden Morrow and Daniel Winnik would provide a better complement to the current Coyotes crop, that could also get an internal boost if 2013 first-rounder Max Domi makes the jump to the NHL.