Petersen for Krug seems like a pretty fair 1-for-1 swap of bad contracts. Not sure why LA has to give up two seconds to downgrade from Walker to Bortuzzo.

Leafs aren’t giving up 2 firsts and Knies for rentals

wouldnt be fair in the slightest

Not sure why not. Both players are negative value on long term contracts.

Well Krug is a useful player and the Kings need LHD. Peterson is currently buried in the minors doing nothing for the Kings…

Ah yes! The realistic 11 asset trade where the Leafs mortgage their best prospect and 2 1st round picks for all of one team's pending UFAs.

Very realistic.

Might as well call them Toronto Maple Blues at that point.

Petersen is playing very well in the AHL. Much of their goaltender woes were team defense related, and Petersen was relegated before they addressed those issues. They have been playing better defense over the past month, and those improvements are reflected in their goaltending numbers.

The Kings are confident that Petersen will return to form. However, even if he doesn't, his cap isn't overly prohibitive. Worst case scenario, he never returns to form, and the Kings bury him in the AHL next season and buy him out in June 2024. His cap hit looks like this:

2023-24: $3.85M (buried in AHL)
2024-25: $1M buyout cap hit
2025-26: $2M buyout cap hit

Compare that with Krug. If he continues to decline as he has been, whoever owns his contract is not going to have an easy out. Burying him in the minors still results in a $5M+ cap hit every season, and buying him out will result in a $2.5M+ cap hit for the better part of a decade. His contract is much more risky.

Sure the Kings need LHD, but they're not going to pay a premium for a guy like Krug who could end up being an even bigger boat anchor than Petersen.

vegas says yes but take out greiss

Ok - thanks Mr. Petersen

You're welcome Mr. Krug.