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[Trade] Penguins trade Nick Bjugstad to Wild for conditional 2021 7th-round pick


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Just now, Teemu Selänne said:

He's from there and went to uni there, could defs see him signing.

He still has one year left.  He seems to be more of  a stop gap with the Wild lacking Cs for next season.  Probably seen as a better option than bringing back Galchenyuk to play C.

 

 

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5 minutes ago, rekker said:

Man has his value fallen. What's up? Edit, basically for Minnie to be first to negotiate with the hometown kid. 

He is already under contract for next season.  CapFriendly has updated their site and is showing the 2020/21 season.  

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1 minute ago, mll said:

He still has one year left.  He seems to be more of  a stop gap with the Wild lacking Cs for next season.  Probably seen as a better option than bringing back Galchenyuk to play C.

 

 

oh my bad. good catch. Pretty good cap clear for Rutherford considering he hasn't been a big part of the team.

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  • -Vintage Canuck- changed the title to [Trade] Penguins trade Nick Bjugstad to Wild for conditional 2021 7th-round pick
15 minutes ago, Teemu Selänne said:

oh my bad. good catch. Pretty good cap clear for Rutherford considering he hasn't been a big part of the team.

The Penguins are retaining a portion of salary.  They are apparently being imposed an internal cap in the low-to-mid 70M.  

 

He was injured a large portion of the year and was only able to play 13 games.  Apparently the condition on the pick is based on how many games he plays.

 

Guerin told Koivu that they weren't going to bring him back next season.  Galchenyuk is a UFA and although he was playing C for the Wild, he is not a C.   Bjugstad is probably more reliable defensively to play the position than Galchenyuk. 

 

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16 minutes ago, mll said:

The Penguins are retaining a portion of salary.  They are apparently being imposed an internal cap in the low-to-mid 70M.  

 

He was injured a large portion of the year and was only able to play 13 games.  Apparently the condition on the pick is based on how many games he plays.

 

Guerin told Koivu that they weren't going to bring him back next season.  Galchenyuk is a UFA and although he was playing C for the Wild, he is not a C.   Bjugstad is probably more reliable defensively to play the position than Galchenyuk. 

 

Curious to see how much they're retaining.

 

Gonna be weird to see the Wild without Koivu in their lineup next year

Edited by Teemu Selänne
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So 50% retained bringing his cap hit to 2.05M for each team.  He has a 5.25M salary - half retained is 2.625M.

 

A buyout would have cost Pittsburgh 3.5M.  The cap hit would have been 600K this coming season followed by 1.75M in 2021/22. 

 

So a trade saves them close to 900K in actual cash although it doesn't create as much cap space for this season as a buyout would.

 

Edited by mll
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