Islanders gain cap space, pick; Red Wings land Nick Leddy

The Islanders traded a popular defenseman, relatively for cap factors, however this time they won. The Islanders didn’t simply acquire wage cap space in the Nick Leddy trade to the Red Wings; they likewise pried some properties from Detroit.

Islanders get: Richard Panik (now at a $1.375M AAV for 2 more seasons with 50-percent retention) and a 2021 second-round choice (52nd general).

Red Wings get: Nick Leddy ($5.5M AAV, agreement ends after next season).

Thinking about scenarios, Leddy trade a win for Islanders over Red Wings

It hasn’t been the very best week for present and previous Red Wings executives making good-value trades for previous Blackhawks defensemen.

Initially, Ken Holland didn’t encourage the Blackhawks to keep wage in sending out Duncan Keith to the Oilers. Next, Steve Yzerman sent out the Islanders a second-rounder, and maintained wage for Panik, to alleviate the pressure of Nick Leddy’s $5.5M cap hit. That equates to $4.125M in cap cost savings for the Islanders, not to discuss the 52nd choice.

Leddy, 30, is getting in an agreement year. At the minute, he’ll be the Red Wings’ highest-paid defenseman from a cap struck viewpoint (Danny DeKeyser‘s close behind at $5M flat).

While the Islanders likely valued Leddy’s existence, he’ll require rather the rebound to provide much worth for the Red Wings:

Perhaps the Red Wings merely think Leddy is much better than those numbers show? Possibly they figure they require somebody on that blueline? In theory, they might likewise have the ability to recover similar (or much better?) trade properties for Leddy throughout the due date?

In either case, it’s outstanding things from GM of the Year Lou Lamoriello. This likewise marks another complicated minute for individuals who anticipate GMs to make use of take advantage of and cap desperation. (Obviously those failures aren’t simply restricted to an absence of deal sheets.)

James O’Brien is an author for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @cyclelikesedins.

Trade: Islanders acquire cap area, choice; Red Wings land Nick Leddy initially appeared on NBCSports.com

Jobber Wiki author Frank Long contributed to this report.