Kukla's Korner Hockey

Kukla's Korner Hockey

The Sign And Trade Scenario For Steven Stamkos

06/28/2016 at 10:57am EDT

from Chris Johnston of Sportsnet,

The Stamkos camp, led by agent Don Meehan of Newport Sports, essentially controls the situation. They’ve had an open interview period to speak with rival teams since Saturday and also enjoy the protection of a no-movement clause in the player’s expiring deal.

As a result, they would have to be central in orchestrating the first sign-and-trade agreement in NHL history.

For teams looking to add Stamkos there may even be a benefit to completing that sort of maneuver with the Lightning. They would have to part with an asset, sure, but it also offers the chance to lower the player’s eventual cap hit by spreading it over eight years rather than the maximum seven they could offer on the open market.

(If Stamkos’s price is $80-million over the length of the deal, for example, that amounts to an $11.43-million annual cap hit on a seven-year contract and $10-million on an eight).

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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