Panthers sign Jayce Hawryluk to entry-level contract

The Florida Panthers have signed one of their top prospects, Jayce Hawryluk, to an entry-level contract, the team announced Tuesday.

Hawryluk, a center, was selected in the second round, 32nd overall by the Panthers in 2014.

He's scored 30 goals and has already established a career high in points at the Major Junior level, with 79 in 49 games with the Brandon Wheat Kings this season.

Hawryluk ostensibly sealed his first professional contract with 33 points in 13 games over the last month.

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3 things we learned from the deadline

Another trade deadline has come and passed.

The 2016 edition felt rather dry and uneventful, especially up until 2 p.m. ET. Nevertheless, many teams hoping to get a final piece to push them into the Cup conversation were active.

Related: Blue Jackets GM: 'Quietest trade deadline I've ever seen'

While there wasn't much in terms of high-calibre talent exchanged Monday, the transactions that did (and didn't) happen leave us with a clearer picture of the realities teams are facing.

Here are three things we learned from the trade deadline:

1st round draft picks are very valuable

While sellers such as the Toronto Maple Leafs, Calgary Flames, Carolina Hurricanes, and Arizona Coyotes were active leading up to the 3 p.m. deadline, none were able to capture the grand prize: a first-round pick.

In all the deals Monday and the days leading up, only the Andrew Ladd trade between the Winnipeg Jets and Chicago Blackhawks saw a team willing to part with a first-round pick.

With growing proof that these picks - no matter where in the top 30 they slot - can bring in a potential game-changing player, teams are becoming much more reluctant to give them up.

Meanwhile, as many as six second-round picks were included in deals between Feb. 25-29.

General managers are getting ahead of the curb

While several trades were made in the final minutes before the deadline, there wasn't even one major blockbuster completed Monday.

The biggest names moved were arguably Mikkel Boedker and Kris Russell, which suggests that teams interested in marquee players did their due diligence in advance of Monday.

The final week saw the likes of Ladd, Eric Staal, and Justin Schultz moved, while Dion Phaneuf was shipped out of town earlier in the month. In addition to Schultz, Teddy Purcell, Jakub Kindl, and Jiri Hudler were all sent packing Saturday.

General managers are no longer waiting until the last minute to make a deal. Teams are combing the market earlier and pouncing when they get the chance. Expect this to be the new norm.

The Avalanche want it now

The Blackhawks and Panthers made it crystal clear heading into Monday they mean business this season.

After the dust settled Monday, though, it appeared the big winner of the day was the Colorado Avalanche.

Related: Deadline day winners and losers

The Avalanche are currently holding down the final wild-card spot in the Western Conference with just a two-point cushion between them and the Minnesota Wild.

Colorado added Boedker and underutilized defenseman Eric Gelinas. In exchange the team sacrificed ageing forward Alex Tanguay, 2014 first- and third-round picks Conner Bleackley and Kyle Wood, and a third-round draft pick.

Related: Avalanche all in on playoffs after adding experience to young core

Since the Avalanche gave up two prospects for Boedker, who'll likely serve as a rental player, it appears they have one thing on their mind: this year's Cup.

Boedker gives the team a lot of skill - though the analytics community will argue Tanguay holds more value - and makes the potential line of him, Gabriel Landeskog, and Nathan MacKinnon perhaps the fastest in the league.

It had been hard to get a read on the Avalanche, who've played jump rope with a playoff position. Whether or not the deals pan out, it's clear Joe Sakic and Co. are aiming for a deep playoff run.

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Hurricanes lose Nestrasil for rest of the season

Carolina Hurricanes forward Andrej Nestrasil will miss his team's final 18 games of the regular season, general manager Ron Francis announced Tuesday.

Nestrasil suffered a fractured vertebra in last Thursday's game against the Toronto Maple Leafs, after taking a devastating hit from forward Nazem Kadri.

The 25-year-old exits with nine goals and 23 points while playing in a career-high 55 games this season.

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3 things that definitely should have happened on trade deadline day

Thousands of conversations for 19 deals.

In the new asset-management NHL, it's harder now than it's ever been to draw up and execute a plan at the trade deadline. And though we're seeing more imagination in the workings of the league's 30 GMs, who continue to evolve in concert with the game, that conservative "Ah, let's get 'em on the draft floor" mentality still tends to win out when the stakes are so high.

That said, in every season there are a handful of specific team situations and corresponding contracts that require in-season activity. Inaction in these instances can result in grave consequences. Yet, even with that inherent knowledge, teams still make the same mistakes and mismanage the same resources.

Here are three things that definitely should've happened on trade deadline day:

The Canucks should've done something, anything

We're sort of belaboring the topic at this point, but in speaking of squandered assets, the conversation begins with Jim Benning and the Vancouver Canucks.

Stuck in the Western Conference wasteland, there might not be a single team in a less-enviable position. But for Vancouver, and on Monday, that wasn't the case.

The Canucks had two very attractive rental commodities in a legitimate top-four defenseman Dan Hamhuis, and a two-time 30-goal scorer in Radim Vrbata. With their blessings, each could've been moved for a pick, prospect, or package to help the team gain some traction. Yet, inexplicably, the only thing Benning did on Monday was lose Adam Cracknell to waivers.

There's absolutely no excuse for not dealing these players, even considering their respective no-trade functions and affinity for Vancouver. This mismanagement represents gross oversight, and borderline negligence.

Kings had to match wits

This segues nicely, as we might have been able to gloss over the Canucks had Hamhuis moved to Los Angeles. But instead of making a major splash, Dean Lombardi decided to finesse around the edges.

In all, the Kings acquired Vincent Lecavalier, Luke Schenn, Rob Scuderi, and Kris Versteeg (a quartet with five Stanley Cups between them) over the last several months, and didn't surrender one player on their active roster to do so. Though the value these four players encompass isn't significant - at least on the open market - they're bodies that fit Los Angeles' scheme.

But in beating the market and using the wiggle room they had from under the cap by acquiring Lecavalier and Schenn almost two months ago, their closest competitors had the opportunity to evaluate a greater sample, and issue the appropriate response in turn.

The Blackhawks, Stars, and Ducks - the three other teams most believe have a chance of coming out of the West - each will have more effectively filled holes on their rosters with their in-season transactions.

Must part with Parenteau

Lou Lamoriello fell one trade short of a masterclass.

The 73-year-old Maple Leafs GM, who through decades of experience with the NHL trade market has been the right man to properly execute the strategy of his forward-thinking franchise, failed with one task: fetching a return for the injured P.A. Parenteau.

Having out-performed his $1.5-million cap hit, Parenteau was considered one of, if not the safest bet to be traded out of Toronto before the deadline. No player under Mike Babcock did more for his value.

But in the end, a troublesome neck injury likely gave interested parties pause. At the very least, though, the club should have pocketed whatever lottery ticket was on the table (perhaps a trade akin to Brandon Pirri's return) and then revisited the partnership this summer with Parenteau, who had already expressed his desire to return.

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Post-NHL Trade Deadline Rumor Mill – March 1, 2016

Why weren’t Loui Eriksson, Dan Hamhuis or Jonathan Drouin  dealt at yesterday’s NHL trade deadline? Read on to find out! UPDATES ON ERIKSSON, HAMHUIS AND DROUIN. CSNNE.COM: Joe Haggerty reports the Boston Bruins were never offered the young, top-four defenseman they wanted in exchange for pending UFA winger Loui Eriksson. “Credit Sweeney for not bending […]

NHL Morning Coffee Headlines – March 1, 2016

Notable post-trade deadline game highlights, waivers moves, contract signings and more in your NHL morning coffee headlines.  NHL GAME HIGHLIGHTS. NEW YORK POST: Derek Stepan scored the game-winning goal in Eric Staal’s debut with the Rangers in a 2-1 win over the Columbus Blue Jackets. Staal played over 15 minutes but didn’t collect any points. […]