Seems their agreement ran out, and Chicago went independent. They plan to arrange for a new affiliate in 2024-25.
But it does cause problems:
"For starters, the Hurricanes currently do not have any AHL veterans signed to two-way contracts. Last season, the Canes had 10 two-way contracts, meaning they had plenty of organizational depth.
The Hurricanes have done a bit to address that concern though, with the signings of Tony DeAngelo, Caleb Jones, Dylan Coghlan and Brendan Lemieux and that's also probably the reason why the team is currently carrying nine defensemen; because of the need for that accessible depth."
“We already have a couple of deals with NHL teams where we’ll put two or three players," Waddell told The Hockey News before the draft. "It’s not an ideal situation, but it’s the cards we were dealt this year, so we’re going to make the best of it and hopefully put ourselves in a position to be back with somebody for the start of next season.”
"You no longer control your own fate or your own destiny with your players," said NHL.com reporter Patrick Williams on
The Hockey News - On the 'A' podcast. "
You're now depending on the goodwill and the grace of other NHL clubs and their general managers to help you out."
The Hurricanes have been dealt a bad hand and while they are confident they can work something out for the 2024-25 season, there's no guarantee that will even happen.
There are currently 32 AHL teams so the Canes either have to hope a team comes up for sale (unlikely given that another team would wind up in the same position) or fork over a ton of money to start up a new one which delves into even more problems such as finding a suitable home with an appropriate stadium, an amicable local government, a convenient transportation hub and so many more.