Forums/NHL Trades

(OTT / PIT / VGK) - 3-Way Derick Brassard Trade

Feb. 23, 2018 at 3:01 p.m.
#1
Edited Dec. 7, 2018 at 8:38 p.m. by Banks
Trade confirmed:
Trade Details
Ottawa Senators Acquire:
Ottawa Senators
From PIT:
Ian Cole · $2,100,000$2,100,000$2,500,000
Filip Gustavsson · $0$775,833$0 (AHL/JR)
2018 1st round pick (PIT - #22 - K'Andre Miller)
2019 3rd round pick (PIT - #83 - Anttoni Honka)
Sum: $2,100,000$2,875,833$2,500,000
Change: -$2,900,000
Change: -$2,760,000
Change: +$2,500,000
Pittsburgh Penguins Acquire:
Pittsburgh Penguins
From VGK:
Derick Brassard ($2,000,000 retained - 40%) · $3,000,000$3,000,000$0
Tobias Lindberg · $0$693,333$735,000 (AHL/JR)
From OTT:
Vincent Dunn · $0$635,833$650,000 (AHL/JR)
2018 3rd round pick (OTT - #64 - Justus Annunen)
Sum: $3,000,000$4,329,166$0
Change: -$225,000
Change: +$328,333
Change: -$135,115,000
Vegas Golden Knights Acquire:
Vegas Golden Knights
From OTT:
Derick Brassard · $5,000,000$5,000,000$3,500,000
From PIT:
Ryan Reaves · $1,125,000$1,125,000$1,125,000
2018 4th round pick (VAN - #99 - Stanislav Demin)
Sum: $6,125,000$6,125,000$4,625,000
Change: +$3,125,000
Change: +$2,431,667
Change: +$4,625,000
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Feb. 23, 2018 at 3:02 p.m.
#2
Joined: May 2017
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Quoting: Hockeylover360
Brassard to Pittsburgh for a 1st, goalie Gustavsson and other cap related elements. - Darren Dreger


Ian Cole
Hockeylover360 liked this.
Feb. 23, 2018 at 3:04 p.m.
#3
Habs4Ever
Joined: Nov. 2016
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You spelt the title wrong lol
Feb. 23, 2018 at 3:07 p.m.
#4
Joined: Feb. 2018
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Good return for Ottawa, the lack of centres on the market must've helped them get a good return.
Feb. 23, 2018 at 3:16 p.m.
#5
Follow CapFriendly
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Were waiting on the retained amount before adding the trade to the site. Hopefully will be released soon!
Feb. 23, 2018 at 3:17 p.m.
#6
Habs4Ever
Joined: Nov. 2016
Posts: 5,616
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Quoting: Jarvis
Were waiting on the retained amount before adding the trade to the site. Hopefully will be released soon!


Theres a retained amount? you sure
Feb. 23, 2018 at 3:20 p.m.
#7
Joined: May 2017
Posts: 786
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Quoting: KSIxSKULLS
Theres a retained amount? you sure


it is believed to be 18% on brassard but now pierre lebrun says there is still more information to follow
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Feb. 23, 2018 at 3:29 p.m.
#8
Follow CapFriendly
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"Up to 18%" was what was reported. Waiting for an exact amount. Also sounds like there will be more in the trade.



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Feb. 23, 2018 at 3:37 p.m.
#9
Black Lives Matter
Joined: Mar. 2017
Posts: 29,592
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Win-win trade. @Jarvis I think the 'more details' are actually another Cole trade (the Sens trading him) but i'm not sure ... well, that's what some are saying, i don't see it. Also, retained salary might be the details. Though if there's something else involved, i'd have to wonder if maybe PIT adds a later pick.
Feb. 23, 2018 at 3:40 p.m.
#10
Joined: May 2016
Posts: 9,036
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Its mind blowing that every year PIT improves and I don't feel like they lose in the trades.
Feb. 23, 2018 at 3:47 p.m.
#11
Joined: Feb. 2018
Posts: 2
Likes: 4



Hmmm, this is interesting
Feb. 23, 2018 at 5:39 p.m.
#12
Pengweenies
Joined: Jun. 2015
Posts: 1,669
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Mark Madden is saying brassards cap retention by two teams could be bringing his cap down to as low as 1.5mill

VGK sounds like t is selling cap space

This is some serious wizardry
Feb. 23, 2018 at 5:40 p.m.
#13
Joined: Jun. 2015
Posts: 768
Likes: 128
Quoting: MTF
Mark Madden is saying brassards cap retention by two teams could be bringing his cap down to as low as 1.5mill

VGK sounds like t is selling cap space

This is some serious wizardry


I doubt it's that high. Ottawa would have to eat 2 million for Vegas to be able to bring it down to 1.5.
Feb. 23, 2018 at 5:41 p.m.
#14
Black Lives Matter
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What is going on? First it looked like Brassard was traded for Gustavsson, Cole, and a 1st, and now something weird is happening ... no idea what's going on.
Feb. 23, 2018 at 5:47 p.m.
#15
Joined: Jun. 2015
Posts: 768
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Quoting: rangersandislesfan
What is going on? First it looked like Brassard was traded for Gustavsson, Cole, and a 1st, and now something weird is happening ... no idea what's going on.


Probably still the end result. My guess is Ottawa is taking Gus and the 1st. Vegas ends up with Cole and maybe sends a low pick Ottawa's way. In return, Vegas is eating a little of Brassard's salary first.
Feb. 23, 2018 at 5:58 p.m.
#16
Molson beer is meh
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Feb. 23, 2018 at 6:02 p.m.
#17
HawksFan28
Joined: Dec. 2016
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Wow, it looks like Pittsburgh just paid a pound of flesh for Brassard.

What is Vegas going to want to retain salary? One could only imagine a pick and prospect. I cant imagine Vegas offering to retain salary for no reason.. They have to be getting something worth while...

Sounds like a very complicated deal with the salary retention... Certainly not your common 3-way.

To Pittsburgh: Brassard (% retained), 2018 Seventh Round Pick (Vgk)
To Ottawa: Cole, Gustavsson, 2018 First Round PIck (Pit)
To Vegas: Pit prospect, 2018 Second Round Pick (Pit)

So one could imagine this is going to cost Pittsburgh; Cole, Gustavsson, 2018 First Round Pick, 2019 Second Round Pick & prospect.

That's a lot for a rental.
Feb. 23, 2018 at 6:09 p.m.
#18
Habs/Pens fan
Joined: Oct. 2017
Posts: 852
Likes: 272
Quoting: HawksFan28
Wow, it looks like Pittsburgh just paid a pound of flesh for Brassard.

What is Vegas going to want to retain salary? One could only imagine a pick and prospect. I cant imagine Vegas offering to retain salary for no reason.. They have to be getting something worth while...

Sounds like a very complicated deal with the salary retention... Certainly not your common 3-way.

To Pittsburgh: Brassard (% retained), 2018 Seventh Round Pick (Vgk)
To Ottawa: Cole, Gustavsson, 2018 First Round PIck (Pit)
To Vegas: Pit prospect, 2018 Second Round Pick (Pit)

So one could imagine this is going to cost Pittsburgh; Cole, Gustavsson, 2018 First Round Pick, 2019 Second Round Pick & prospect.

That's a lot for a rental.


He's not a rental
Feb. 23, 2018 at 6:10 p.m.
#19
Black Lives Matter
Joined: Mar. 2017
Posts: 29,592
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Quoting: HawksFan28
Wow, it looks like Pittsburgh just paid a pound of flesh for Brassard.

What is Vegas going to want to retain salary? One could only imagine a pick and prospect. I cant imagine Vegas offering to retain salary for no reason.. They have to be getting something worth while...

Sounds like a very complicated deal with the salary retention... Certainly not your common 3-way.

To Pittsburgh: Brassard (% retained), 2018 Seventh Round Pick (Vgk)
To Ottawa: Cole, Gustavsson, 2018 First Round PIck (Pit)
To Vegas: Pit prospect, 2018 Second Round Pick (Pit)

So one could imagine this is going to cost Pittsburgh; Cole, Gustavsson, 2018 First Round Pick, 2019 Second Round Pick & prospect.

That's a lot for a rental.


Brassard isn't a rental, and where did you find out about the 2nd and the prospect?
Feb. 23, 2018 at 6:32 p.m.
#20
Go Bruins Go
Joined: Nov. 2017
Posts: 2,323
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Quoting: HawksFan28
Wow, it looks like Pittsburgh just paid a pound of flesh for Brassard.

What is Vegas going to want to retain salary? One could only imagine a pick and prospect. I cant imagine Vegas offering to retain salary for no reason.. They have to be getting something worth while...

Sounds like a very complicated deal with the salary retention... Certainly not your common 3-way.

To Pittsburgh: Brassard (% retained), 2018 Seventh Round Pick (Vgk)
To Ottawa: Cole, Gustavsson, 2018 First Round PIck (Pit)
To Vegas: Pit prospect, 2018 Second Round Pick (Pit)

So one could imagine this is going to cost Pittsburgh; Cole, Gustavsson, 2018 First Round Pick, 2019 Second Round Pick & prospect.

That's a lot for a rental.


THAT IS A MERCHANT OF VENICE REFERANCE
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Feb. 23, 2018 at 6:38 p.m.
#21
Molson beer is meh
Joined: Jan. 2017
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So I guess the deal is canceled for now. Will probably get done soon though. I don't see how one of the GMs can back out at this point.



Feb. 23, 2018 at 6:48 p.m.
#22
Joined: Jun. 2015
Posts: 768
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Quoting: Blazingbat11
So I guess the deal is canceled for now. Will probably get done soon though. I don't see how one of the GMs can back out at this point.





LeBrun followed that up with a tweet saying the general sentiment is that the deal will still get done somehow.
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Feb. 23, 2018 at 7:07 p.m.
#23
Go Habs Go
Joined: Mar. 2017
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Quoting: MTF
Mark Madden is saying brassards cap retention by two teams could be bringing his cap down to as low as 1.5mill

VGK sounds like t is selling cap space

This is some serious wizardry


One of those questions I had without a precedent (that I could find).

Sounds like ...
Ottawa retains some of Brassard's contract and sends him to Vegas.
Vegas retains on Brassard as well, then sends him to Pittsburgh.
Then Pittsburgh sends pieces to both teams to account for the retention, as well as additional pieces to Ottawa for the original value of Brassard.

If that's what they tried to do, and the league stepped in, it seems like that falls under the guidelines of cap circumvention in some capacity.
Feb. 23, 2018 at 7:14 p.m.
#24
Joined: Jun. 2015
Posts: 768
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Quoting: ricochetii
One of those questions I had without a precedent (that I could find).

Sounds like ...
Ottawa retains some of Brassard's contract and sends him to Vegas.
Vegas retains on Brassard as well, then sends him to Pittsburgh.
Then Pittsburgh sends pieces to both teams to account for the retention, as well as additional pieces to Ottawa for the original value of Brassard.

If that's what they tried to do, and the league stepped in, it seems like that falls under the guidelines of cap circumvention in some capacity.


It's an interesting situation without precedent.

Let's say Vegas, in theory, sends their 2018 1st round pick to Ottawa for Brassard (50% retained).
Pittsburgh then sends Cole, Gustavsson, and their 2018 1st to Ottawa for Vegas's 2018 1st.
Pittsburgh then sends Vegas's 2018 1st back as well as, say a future 2nd or 3rd round pick, to Vegas for Brassard (50% retained).

It's' clearly a premeditated move to lower a player's cap cost, but I don't see how it breaks any rules that I'm aware of in the CBA...
Feb. 23, 2018 at 7:34 p.m.
#25
Black Lives Matter
Joined: Mar. 2017
Posts: 29,592
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Quoting: mtdavis311
It's an interesting situation without precedent.

Let's say Vegas, in theory, sends their 2018 1st round pick to Ottawa for Brassard (50% retained).
Pittsburgh then sends Cole, Gustavsson, and their 2018 1st to Ottawa for Vegas's 2018 1st.
Pittsburgh then sends Vegas's 2018 1st back as well as, say a future 2nd or 3rd round pick, to Vegas for Brassard (50% retained).

It's' clearly a premeditated move to lower a player's cap cost, but I don't see how it breaks any rules that I'm aware of in the CBA...


Maybe they tried to do it in 2 deals.
 
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