PuckPedia Confirms Why Kent Hughes' Latest Trade Is a Home Run for the Canadiens
Kent Hughes and the Montreal Canadiens really pulled off a good move in the last few hours, via a trade with the San Jose Sharks.
I'm 100% with you on this.. The word "home run" is far too often overused and thrown around on the web, but I'll admit that I don't know how else to describe the Carey Price trade, completed with the Sharks.
The excellent Hart Levine, from PuckPedia, just revealed what Kent Hughes would normally have had to pay in this deal.
It's simple.. He relies on the many identical or similar trades completed in recent years across the NHL, and that allows him to establish the "real" market price for moving a contract like Carey Price's.
The result is crystal clear.
PuckPedia confirms that Kent Hughes and the Montreal Canadiens hit a home run with the Carey Price trade to the San Jose Sharks
The price to move a contract like Carey Price's in today's NHL.. It's a late 2nd-round draft pick!
Wow!
"Using the PuckPedia Perri Cap Relief Calculator which is based on historical cap dump trades, if we consider Price's $2M salary instead of his $10.5M Cap Hit, the expected return for clearing that for a full season is a late 2nd round pick"
- PuckPedia
- PuckPedia
All the details are on their site, but to put it simply:
- The price to pay was a late second-round draft pick.
- Kent Hughes would normally have had to pay a late second-round draft pick.
- But Kent Hughes instead paid only a 5th-round draft pick.
Yes, losing a 5th-round pick instead of a 2nd-rounder - that's another real home run for Kent Hughes and the Montreal Canadiens.
Let's also remember that, in this trade, the Habs also acquired 6-foot-2 defenseman Gannon Laroque.
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SEPTEMBRE 9|1402 ANSWERS PuckPedia Confirms Why Kent Hughes' Latest Trade Is a Home Run for the Canadiens What is your opinion regarding the trade that sent Carey Price to the Sharks? | ||
| A steal for the Habs | 623 | 44.4 % |
| Equal trade for both teams | 724 | 51.6 % |
| Bad trade for the Habs | 55 | 3.9 % |
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