Red Wings Suddenly Face A Real Dylan Larkin Trade Test

The Capitals and Red Wings are exploring a potential trade for Dylan Larkin, with Washington's top prospect Ilya Protas being a key piece in negotiations.

The Washington Capitals have emerged as a team to watch in the Dylan Larkin sweepstakes, and the Detroit Red Wings are clearly paying attention.

Assistant general manager Kris Draper was seen at Capitals games twice in a four-day span, including Sunday’s meeting with the Minnesota Wild. That game mattered because it put two possible Larkin destinations in the same building, and it gave Detroit another chance to evaluate a club that has quietly entered the picture.

The Athletic’s Pierre LeBrun reported that “my sense is the Caps have engaged to some level, but I can’t tell how hard they’ve pushed,” and added that “Ilya Protas would be an obvious target for Detroit in any package” (from ‘NHL rumblings: Breaking down Larkin’s 10-team list, plus latest on Robertson and Edvinsson,’ The Athletic, Oct. 29, 2026). That one name changes the discussion.

Washington was already on Larkin’s expanded 10-team list, which ESPN confirmed on Oct. 20 after he added seven clubs. What’s different now is the level of attention from Detroit’s front office, especially with Larkin having not played since telling the club he would no longer suit up for Detroit. The Red Wings suspended him without pay on Oct. 29, and that only increases the pressure on interim general manager Shawn Horcoff to find the right return.

Detroit’s ask has been pointed in one direction for weeks. On Oct.

22, Sportsnet’s Elliotte Friedman said the Red Wings had started asking about young centers, including prospects who have not yet established themselves in the NHL. Protas fits that profile almost perfectly.

The 20-year-old is Washington’s top prospect, according to NHL.com’s Capitals prospect rankings. He put together a huge 2025-26 season with the Hershey Bears, scoring 29 goals and 66 points in 69 games, and he was named the AHL’s rookie of the year.

He also brings the kind of frame Detroit would covet in a center, with NHL.com listing him at 6-foot-6 and 225 pounds. Capitals general manager Chris Patrick has called him the team’s “third-line center” this season.

That combination - youth, size, and a clear NHL path - is the sort of package Detroit has been seeking.

The comparison to Minnesota is useful here. The Wild’s most obvious young center, Danila Yurov, finished his rookie season with 27 points in 73 games, and our look at why Detroit needs more from Minnesota argued he shouldn’t be the headliner in a deal by himself.

Protas brings a stronger development track, backed by an AHL award and nearly a point per game in his first full pro season. He’s not finished, but he looks more like a true centerpiece.

From Washington’s side, the attraction is obvious too. Larkin has scored 30 goals six times and sits 10th in Red Wings history with 649 points in 818 games. He also had two goals and four assists in 10 games this season after returning from an upper-body injury, so the production was still there the last time he played.

His contract is part of the appeal and part of the challenge. Larkin is signed through 2030-31 at $8.7 million per season, giving any acquiring team five seasons of a proven top-six center. That kind of term is valuable, but it also means Washington would have to decide how much of its future it wants to tie up in a 30-year-old.

Cap space complicates things further. Washington had about $125,000 in projected cap space as of Oct. 8, according to PucksandStats’ cap projections, so a deal for Larkin’s $8.7 million hit would require the Capitals to move meaningful salary back to Detroit. That makes a straight prospect-and-picks offer unlikely.

Detroit, at least, has more flexibility. The Red Wings had about $16.8 million in projected space at the same point, which gives Horcoff room to absorb money in a trade.

But that flexibility has a limit, especially with Simon Edvinsson needing a new contract before his Dec. 1 deadline. As we argued, the Red Wings have to sign Edvinsson before any Larkin deal.

That’s why Washington’s involvement matters. LeBrun said he couldn’t tell how hard the Capitals had pushed, and that uncertainty gives Detroit reason to keep pressing.

If Washington is serious and willing to build around Protas while dealing with the salary side of the move, the Red Wings could get the kind of return that makes sense. If not, Draper’s recent trips at least showed that Detroit has more than one possible trade partner.

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