The Florida Panthers traded forward Anthony Duclair to the San Jose Sharks in exchange for forward Steven Lorentz and a fifth-round pick in 2025, the team announced.

Duclair missed most of the 2022-23 campaign due to an Achilles tear and didn't make his regular-season debut until Feb. 24. He put up two goals and seven assists in 20 regular-season contests before adding 11 points in 20 playoff games.

He has one season remaining on his current pact and carries a $3-million cap hit. Lorentz is under contract for next season at $1.05 million.

The trade creates some much needed cap relief for the Panthers, who are up against the league's $83.5-million limit. Florida wasn't overly active when the free agency opened Saturday but did make a splash by signing blue-liner Oliver Ekman-Larsson to a one-year contract.

The Sharks will be Duclair's seventh team since breaking into the league in 2014-15. The soon-to-be 28-year-old has also suited up for the New York Rangers, Arizona Coyotes, Chicago Blackhawks, Columbus Blue Jackets, and Ottawa Senators.

Lorentz has appeared in 192 career games split between the Carolina Hurricanes and Sharks. He's registered 20 goals and 20 assists.

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