The future of Aaron Ekblad with the Florida Panthers seems uncertain, as recent discussions have yielded little progress on a contract extension. According to hockey insider Pierre LeBrun, the star defenseman may be more likely to test the free agent market this summer.

LeBrun noted on TSN's Early Trading that while there’s still a chance for Ekblad to re-sign, negotiations have been sparse since last summer. The core issues appear to involve the length of the contract and the annual average value (AAV), with the Panthers showing reluctance to offer him a max-term extension.

Ekblad, who was drafted first overall by the Panthers in 2014, has expressed a desire to remain with the team, especially during their recent championship chase. However, as discussions indicate, Florida has yet to offer terms that match the $7.5 million cap hit of his expiring contract.

With Ekblad set to become the most sought-after defenseman if he enters free agency, the stakes are high. Despite some injury concerns in recent seasons—including missing substantial time due to injuries and a suspension for performance-enhancing substances—he showcased his elite playmaking ability when healthy, posting a robust scoring line of 3 goals and 30 assists over 56 games this past season.

Although he hasn’t played a full 82-game season since 2018-19, Ekblad's talent is undeniable. He averaged over 23 minutes on ice per game, proving his value to the Panthers when fit. His consistency in performance is backed by impressive possession metrics, indicated by a 55.9 Corsi For percentage at even strength this season.

Currently 29, Ekblad's peak earning years may be slightly behind him, particularly after previously signing an eight-year, $60 million extension. His legacy with the Panthers is unmatched, holding franchise records for games played, goals, assists, and points, and significantly contributing to the team's successful evolution.

If he does hit the open market, projections suggest he could command around $7.8 million per season on a max-term contract. With teams like the Hurricanes, Sabres, Blue Jackets, and Red Wings potentially in the mix, Ekblad could have lucrative offers waiting if the Panthers fail to lock him down before free agency opens.

With the draft looming, the clock is ticking for the Panthers. Will they make a last-minute push to secure one of the franchise's cornerstones, or will Ekblad take his talents elsewhere?