Flyers, Kings pull off unexpected trade involving large contracts
The Flyers have unloaded two more of their bad contracts by trading Vincent Lecavalier and Luke Schenn to the Los Angeles Kings. In return, the Flyers got back Jordan Weal and a third round pick.
The trade winds were first thrown out there by Bob McKenzie and a few minutes later the trade was announced.
Elliotte Friedman and Darren Dreger simultaneously reported that the Flyers would be keeping 50% of each salary. Even thought that is a large chunk of change, Luke Schenn’s contract ends after this season and Vinny Lecavalier’s current plan is to retire after the season. The Flyers clear just over four million dollars in cap space with this move, and also give themselves an extra roster space by acquiring a pick instead of an additional player.
Ron Hextall again proved himself to be a competent and seemingly miraculous general manager with this deal. He has now traded away four bad Paul Holmgren contracts — Grossman, Pronger, L. Schenn and Lecavalier.
From the Kings’ perspective, they get a much needed defenseman that is only on a one year deal. Lecavalier is on a multi-year deal, but his plans to retire make the burden extraordinarily less.
This was a weird and unexpected trade, but it has the possibilities to work out for both teams. Time will tell for Los Angeles, but Philadelphia definitely has a winner.