Smilanic, 20, was drafted 74th overall by the Panthers in 2020. He has 22 points in 38 games this NCAA season (13 goals) and 21 points in 29 games last season (14 goals).
The 2023 first round pick that moves from the Panthers, to the CH, in the Ben Chiarot trade, is NOT protected. It's rare that you see that these days, but that's the case here.
So even if the Panthers lose several players this summer and have problems with injuries (and finish low in the standings), even if their pick miraculously becomes top-5 or top-3, it will still be owned by the Montreal Canadiens.