Couple thoughts for trades:
I think the UPL for Borgen move should be explored. Maybe include Jokiharju? It’d be a smart way to add some physicality to the team and improve defensively for the long term. Leverage Botterill.
I’ve seen enough of LA’s power play to know that it could really use a shooter. Olofsson for Roy as the basis of a deal could be a good move.
Borgen has somewhat become a defensive glue guy in Seattle and is playing on the second pairing now.
Unless Borgen files for arbitration and wants more than Francis is willing to pay, I have doubts he will be available for anything other than a fairly big overpay.
Seattle will have some cap issues once they re-sign Dunn, so there is the offersheet option, but I do not think Adams would do that to his old teammate or risk a future retaliation there.
In goal, Seattle is tied to Grubauer (for better or worse for a few more years with that contract), and they have Driedger inked through next season as well at 3.5.
With Larsson, Oleksiak, Borgen, Megna and Fleury, there may be opportunity there, as they are one of the few teams in the league loaded with Defensive D.
A nice piece plus Comrie or UPL for Driedger and Borgen may get the conversation started, The nice piece is probably something Adams does not want to give up though. As someone who's local team is now the Kraken, (I have adopted them as a team to root for in the western conference), from the perspective of a Kraken fan I think I would not be thrilled if the add was "just" one of the second round picks. I think Seattle becomes a worse team losing Borgen, and while a 2nd is nice, I am just not sure it is worth it, even if it is viewed mostly as an overpay across the league.
Borgen is one of the best skaters on the Kraken. He is big and plays physical, will defend any of his teammates and he just keeps getting better. Such a shame the Sabres lost him, as I do think he might be a perfect fit on that second pair moving forward.