The Columbus Blue Jackets and Tampa Bay Lightning were working on a trade for Blue Jackets defenseman David Savard. The two teams could not agree on a trade package because of the Lightning’s salary cap issues. That is when Detroit Red Wings general manager Steve Yzerman stepped in and worked his magic.
It was reported yesterday, David Savard was going to be traded to Tampa Bay, which happened to be Steve Yzerman’s first GM job spot. Yzerman came to the aid of both teams and a three-way trade was born.
The trade is a bit complex. Here is the breakdown: The Columbus Blue Jackets traded David Savard to the Red Wings and agreed to retain 50% of Savard’s cap hit. Detroit sent Brian Lashoff to Columbus. The Red Wings then flipped Savard to Tampa Bay for a fourth round draft pick this year.
Steve Yzerman agreed to taken on 25% of Savard’s contract. The Blue Jackets meanwhile traded Lashoff to Tampa Bay and received 2021 first and second round draft pick’s basically for David Savard.
This is actually a very good and pretty shrewd move by Steve Yzerman. The Red Wings have a ton of salary cap room so to take on 25% of a contract for a player who will never (barring free agency) put on the Winged Wheel while gaining a draft pick was a easy choice to make.
The 25% that is on the books for the Red Wings comes off the books this summer. So really it is a no harm, no foul move. The real prize for the rebuilding Red Wings is the draft pick.
This is how Yzerman was able to rebuild the Tampa Bay Lightning. He made simple yet very effective trades and moves that netted draft picks. While there are no guarantees when drafting players, the more picks a team has the more chances the team will hit on some draft picks.
This is how Steve Yzerman is rebuilding the Detroit Red Wings. It takes time but Yzerman will get the job done.