The Red Wings acquired Panik, Jakub Vrana, a 2021 first-round pick and a 2022 second-round pick from the Capitals for Anthony Mantha on Monday.

EDGE Analysis

Panik is signed through the 2022-23 season and should add some stability to the Red Wings' bottom six during the team's rebuild. The 30-year-old has picked up three goals and six assists through 36 games with the Capitals this season. Panik's first opportunity to play with his new team is likely Thursday versus the Blackhawks.

Panik was assigned to Washington's taxi squad after clearing waivers Thursday, Tarik El-Bashir of The Athletic reports.

EDGE Analysis

Panik has been a healthy scratch for three of Washington's last five games, so this move doesn't come as a surprise. He's picked up nine points in 36 contests this year.

Panik cleared waivers Thursday, Sportsnet's Chris Johnston reports.

EDGE Analysis

Panik's contract and lack of recent offensive production likely scared off rival clubs from picking the Czech winger off the waiver wire. The 30-year-old winger appears ticketed either for AHL Hershey or Washington's taxi squad, where he will await his next opportunity to crack the NHL lineup.

Panik was placed on waivers Thursday, Samantha Pell of The Washington Post reports.

EDGE Analysis

Panik has managed just one goal and three points in his last 15 games, which has allowed Daniel Sprong to overtake the 30-year-old for the third-line right wing spot in recent outings. The 52nd overall pick from the 2009 NHL Entry Draft could be claimed by another team prior to noon Thursday, but with a $2.75 million cap hit and scant offensive production, there's a decent chance Panik will find himself bound for the Capitals' taxi squad or AHL Hershey in the near future.

Panik was a healthy scratch for Tuesday's 5-2 loss to the Rangers.

EDGE Analysis

The return of Lars Eller from a lower-body injury and the strong recent play of Daniel Sprong were enough to force Panik out of the lineup. The 30-year-old winger isn't likely to spend much time in the press box, but with no points in his last six games and Washington's solid depth at right wing, Panik could have trouble receiving consistent ice time.

Panik scored a goal on his only shot in Monday's 6-0 win over Buffalo.

EDGE Analysis

Panik teed up a Dmitry Orlov setup and hammered a one-timer past Carter Hutton give Washington a 3-0 lead 5:59 into the second period. Panik hadn't scored a goal in his previous nine games entering the night, a drought that dated back to Feb. 25. The 29-year-old is strictly a bottom-six role player for Washington who offers limited offensive upside.

Panik tallied an assist, two shots, three hits and a minus-1 rating during Tuesday's 5-4 overtime win over the Devils.

EDGE Analysis

The helper brings Panik to three points in his last 10 games. With just two goals and eight points in 25 games, the 30-year-old winger is not much of a fantasy consideration outside of deeper leagues unless he can secure a more prominent role in the lineup.

Panik scored a goal on his only shot and had a pair of hits in Tuesday's 3-2 overtime loss to Pittsburgh.

EDGE Analysis

Panik collected his second goal of the year when he drove hard to the net on his backhand and made a quick move to his forehand to beat Pittsburgh netminder Tristan Jarry. The goal, which tied the game at 1-1, was Panik's first since Jan. 30 and snapped his personal eight-game drought.

Panik collected two assists and was plus-2 in a 3-1 win over Pittsburgh on Tuesday.

EDGE Analysis

Panik set up both Conor Sheary and Lars Eller with perfect centering passes in the second and third periods, respectively, to help the Capitals build a 3-0 lead. Panik had entered the night without a point in four February contests, and Tuesday's outing was his first multi-point game of the season. The 29-year-old has one goal and four helpers through 14 games.

Panik registered a goal, five shots, two hits and two blocked shots during Saturday's 4-3 overtime win against the Bruins.

EDGE Analysis

Panik's first maker of the season brings him to three points in the first nine games. The 29-year-old winger is expected to work mainly on the third line and should continue to enjoy modest production once the Capitals get back to full health, but is not a particularly valuable fantasy commodity unless he can secure a more meaningful offensive role.