On April 29, 2024, following the end of the 2023–24 season, Seattle Kraken head coach Dave Hakstol was fired.[1] The previous season, the Kraken were mediocre, scoring only 217 goals, getting eliminated from playoff contention on April 3, and finishing their season with a 34–35–13 record and 81 points.[2][3] The Kraken organization made the decision to replace him with Coachella Valley Firebirds head coach Dan Bylsma on May 28.[4]
^The New York Rangers' second-round pick will go to the Seattle Kraken as the result of a trade on March 6, 2024, that sent Alexander Wennberg to New York in exchange for a conditional fourth-round pick in 2025 and this pick.[8]
^The Florida Panthers' fifth round pick will go to the Seattle Kraken as the result of a trade that sent the Kraken's sixth round and seventh round picks to Florida in exchange for this pick.[10]
^The Calgary Flames' seventh-round pick will go to the Seattle Kraken as the result of a trade on March 16, 2022, that sent Calle Jarnkrok to Calgary in exchange for Florida's second-round pick in 2022, a third-round pick in 2023 and this pick.[11]