Trade confirmed: Detroit Red Wings - Montreal Canadiens

Trade Details
Detroit Red Wings Acquire: Jeff Petry ($2,343,750 retained - 50%) · $2,343,750$2,343,750$2,812,500 Sum: $2,343,750$2,343,750$2,812,500 Change: +$1,393,750 Change: +$1,393,750 Change: +$1,862,500	Montreal Canadiens Acquire: Gustav Lindström · $950,000$950,000$950,000 2025 4th round pick (DET) [Conditional]* *Conditions: Montreal receives the later of Detroit or Boston's 2025 4th round picks Sum: $950,000$950,000$950,000 Change: -$1,393,750 Change: -$1,393,750 Change: -$1,862,500

Wow that was faster than I had expected

Wow. Not the return I was expecting

I’m surprised that two years’ retention didn’t get a bit more than that in trade, but conversely it really didn’t make any sense for us to have him taking up a roster spot while waiting for the ideal trade. The younger players need minutes.

I’m sure playing for his hometown team is a great development for Jeff and his family, so best of luck.

awwwww finally! and its just feels so good after 90% of wings fan tellings us he would never play there.

Damn it I was hoping Petry would stay in Montreal, I wanted to rile them up by trading him to Dallas along a first round pick for future considerations

When I voted the pick hadn't been added, it's more fair now than originally but I still think DET wins this

Montreal - Actually got assets after Pittsburgh gave us a 2nd to dump him

Detroit - got a serviceable top 4 defender for cheap

Think it's a win win, I don't know why Detroit needs another defender though

But Petry 50% was going for at least a 2nd

So much for the Red Wings not wanting Jeff Petry

So whose the healthy scratch and man thats gonna be an expensive one lul

Its a valid question, but Steve has made it pretty clear since about year 2 of his tenure that he wants everyone to earn their spot. And more depth on the blue line is never a bad thing.

I think Detroit wins. Petry at this retention for two years is very good and only a mid-round pick and a not great prospect.

So much for Petry getting a 1st or a 2nd+ at 50% retained

Yep, Montreal doesn't need him (just takes a spot from the young guys) and we pick up a young solid 7th/AHL defender

I had Jeff Petry going to Florida with 50% retention for a 2nd and a 4th.

https://www.capfriendly.com/armchair-gm/team/4505784



Gustav Lindstrom is not worth a 2nd.

Detroit wins the trade.

I'm upset Mtl is retaining on Petry in this deal.
And I am super uneasy trading with Yzerman, call it PTSD from Sergachev

yeah ig it makes sense from both sides, just think value-wise Detroit wins

Lindstrom needs to clear waivers to go to AHL.
So basically now our RD is going to be:

Savard
Kovecevic
Linstrom

Baron is going to the AHL now.

We would have been better off with Petry

People over valued Petry. There is no cap space to go around. He also has term. Had they made the three way trade back at the draft, maybe Montreal might have been able to create a better market for Petry, but anybody who thought he was anything short of a negative value asset has not been paying attention to how the last two off seasons have worked. Especially later in the season when teams reach their choke points with the cap.

You also have to consider that they took on Casey DeSmith's contract. I assume if there was a market for him, the Penguins would have moved him earlier. I could be wrong, but I assume he is dead cap. They gave up Pitlick, but he was able to have his entire cap hit buried. DeSmith's cap hit is 675k.

Mike Hoffman's buyout would have cost them 1.66M x 2 years. They are now on the hook for 2.34M for 2 years. So this three way trade cost them about 680k per for 2 seasons (1.368M of dead cap) and a retention spot for 2 seasons. Retention spots are generally worth a mid or late round pick at the deadline. Add in the 675k of additional dead cap that DeSmith will cost them if they cannot find a home for him (without cap considerations), and Montreal gave up nearly 2M in cap space for a 2nd two years from now (basically the equivalent of a current year 3rd), and a B or C type prospect in Legare. Lindstrom from Detroit is a fringe NHL defender.

The above is not bad business by any means, but it isn't the home run that some of the analysts made out Montreal's haul in the Karlsson trade to be. I assume that most people who were high on Montreal's return thought that Petry was worth way more than he ended up going for.

the fact you had petry traded in your head to florida is irrelevant...

Yeah for sure, but if you think that Montreal got a 2nd + got rid of Hoffman for Petry and then flipped him for more picks , it looks good for Montreal.

having those roster spot freed up probably was important to and is not something and is an intangible in a trade.

We don't need 3RHD, teams don't usually run 3/3.

Matheson-Savard
Guhle-Harris
Xhekaj-Kovecevic
Widemen

It is a good pickup for Detroit. Although, I would be hesitant about the second year. The second year, and trade being late in the off season when most cap is spoken for is likely why Detroit got him for basically nothing.

Even if he ends up as a veteran #5 type D, 1.5M-2.5M is what that kind of player costs. Ottawa gave Hamonic 2M.