Saturday, November 9, 2013

Edmonton Trades Smid, Roy to Calgary for Horak, Brossoit; Sign Bryzgalov

The Edmonton Oilers made a trade with the Calgary Flames on Friday evening that was widely viewed as a salary cap related transaction. When the Oilers announced that they agreed to verbal terms with enigmatic and embattled goaltender Ilya Bryzgalov to a one year deal, contingent on the successful trade with Calgary, the cap clearing view of the swap was vindicated.

The Oilers sent defenseman Ladislav Smid and goalie prospect Olivier Roy to the Calgary Flames in the trade, getting center Roman Horak and goalie prospect Laurent Brossoit in return.

Smid, a 27 year-old defenseman originally drafted ninth overall in 2004 by the Anaheim Ducks, carries a $3.5 million cap hit through the 2016-17 NHL season according to Cap Geek.  Tabbed as a "shutdown defenseman", Smid should add strength to a Flames' squad that started hot, but dropped seven of nine recently.

The 22 year-old Horak, a center originally selected by the New York Rangers in the fifth round of the 2009 NHL entry draft, is tabbed as a "smooth skater" with "deft passing ability" who may benefit from bulking up a bit.  He has notched 7 points in 13 games with the Abbostford Heat of the AHL this season, while joining the Flames for one contest.  According to Cap Geek, Horak carries a $615,000 cap hit on a contract expiring after 2013-14.

When the trade has been completed, the Oilers will have reduced their payroll by roughly $2.8 million for this season, freeing up the room they will likely need to sign Bryzgalov, as well as make additional moves this season.

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