Jared Knight, Kenndal McArdle

The sad fall of Angelo Esposito, who was traded to Florida for Kenndal McArdle today

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Every now and then, a hot sporting prospect falls far in a sport’s draft.

Drew Brees and Aaron Rodgers weren’t just the last two NFL quarterbacks to win the Super Bowl, they also were players who waited longer than they expected to be drafted. Corey Perry won the 2011 Hart Trophy, but he was only the 28th player chosen in the historically strong 2003 NHL Entry Draft. The Anaheim Ducks might have gotten a steal in the 2010 draft as well when Cam Fowler fell to them at the 12th pick. For at least a few years, many NFL teams were chastised for passing up Randy Moss because of character issues that did indeed crop up during his Hall of Fame-worthy career.

Of course, for every should-be star who gets the cold shoulder from drafting teams after being fawned over by scouts, there are several guys whose nosedives end up being justified. While there’s always time for a sad story to take a happy turn, it’s tough to deny the feeling that NHL teams were right in passing on Angelo Esposito in 2007 until he fell to the Pittsburgh Penguins with the 20th overall pick.

Red flags on draft day

At the time, it was a jaw-dropping fall for a once-hot prospect who received at least some buzz to be the top pick of the ’07 draft. (Even ESPN’s mega-star columnist Bill Simmons swooped in to offer his take on Esposito landing to Pittsburgh, which he framed as a move so beneficial to the Penguins that there might have been a borderline conspiracy going on.) If there was some negativity about the move by Penguins GM Ray Shero, it was that the team was already well-stocked with centers.

Yet when you look at Esposito’s jagged path since then, it’s almost tough to believe that he was drafted just four years ago. After struggling at the lower levels of hockey compared to pre-draft years, the Penguins made him part of a February 2008 trade package that yielded them a rental run with Marian Hossa and solid years (still coming) with Pascal Dupuis. Esposito, Colby Armstrong and Erik Christensen were supposed to produce a nice long-term return for the Atlanta Thrashers franchise in exchange for that short-term pain yet none of those three played for the team in 2010-11.

Jets trade Esposito to Florida for Kenndal McArdle

None of them will make an appearance for the newly christened Winnipeg Jets, either, as Esposito was traded to the Florida Panthers for fellow first round letdown Keendal McArdle (pictured) today. (Want a depressing sign of Esposito’s struggles? The main photo of this Esposito-centric post is of McArdle instead of Espo because McArdle was the only one of the two who actually played at the NHL level.)

Interestingly enough, McArdle was also a 20th overall pick in the NHL draft in 2005. He’s played 33 games at the NHL level – all for the Panthers – and scored three points in the process. Perhaps that makes him fitter for immediate use because Esposito hasn’t played at the pro level yet and really hasn’t been a standout player at the AHL level either (just 13 points in 57 games with the Chicago Wolves in 2010-11). Some might look at this swap as a trade of reclamation projects if they’re able to shake that feeling of what could have been for Esposito.

Could Esposito’s luck change?

The one hope the Panthers organization can hold out for Esposito is that he simply might be due for some good luck. He’s been traded by two different NHL teams and dealt with two different ACL tears in his short career. Maybe a little bit of health and a big change of scenery could do him a little good?

Ultimately it is tough to shake the feeling that Esposito is already a lost cause, but at 22 years old, maybe he just faced some serious bumps in the road.

Jackets re-sign Sedlak, AHL affiliate’s leading playoff scorer

COLUMBUS, OH - SEPTEMBER 20:  Lukas Sedlak #85 of the Columbus Blue Jackets waits for the pass during the game against the Winnipeg Jets on September 20, 2011 at Nationwide Arena in Columbus Ohio.  The Blue Jackets defeated the Jets 5-1.  (Photo by John Grieshop/Getty Images)
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Columbus farmhand Lukas Sedlak, who currently sits tied atop AHL Lake Erie’s playoff scoring leaderboard, has signed a one-year, two-way deal, the Jackets announced on Wednesday.

Sedlak, 23, was a fifth-round pick in 2011 that’s spent the last three years in the American League. This season was by far his most successful — in addition to potting a career-best 14 goals, he’s become close to a point-a-game producer in the playoffs, with 11 through 12 games.

“Sedlak has been on a run for us with goal-scoring,” Lake Erie head coach Jared Bednar said, per the Columbus Dispatch. “He’s not a guy who does it for us every night. But he works so hard in all the other areas.”

Sedlak has yet to make his NHL debut, but could be in the mix for a recall next season.

Despite Canadian dollar, Bettman still expects ‘revenue increase’

NHL commissioner Gary Bettman answers a question during a news conference before the NHL All-Star hockey game skills competition, Saturday, Jan. 30, 2016, in Nashville, Tenn. (AP Photo/Mark Humphrey)
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The Canadian dollar is trading at around $0.77 USD today. While that’s up considerably from where it was a few months ago, the damage has already been done to NHL revenues.

“If the Canadian dollar was still at par, we would be $100 or 200 million higher perhaps than we may find ourselves,” NHL commissioner Gary Bettman told Bloomberg Television today.

Having said that, Bettman still expects there will be a “revenue increase” compared to last year, adding that “we continue to grow year after year and set new records.”

More from Bloomberg:

Bettman said that while the NHL’s revenue growth has come across the entire business, the league has seen its biggest boon in its digital platform. The league last year signed a six-year, $1.2 billion contract with Major League Baseball’s interactive media and Internet arm, or BAM, to operate the its digital operations, streaming services and TV network. The NHL got a 10 percent stake as part the deal.

The NHL playoffs are currently in the middle of the conference finals. The NHL’s fiscal year ends June 30.

League revenues, of course, have a direct impact on the salary cap, and let’s face it, that’s the only thing most fans care about.

As of March, the cap was expected to grow from $71.4 million in 2015-16 to $74 million next season.

However, that projection assumed the NHLPA would accept the CBA’s standard five percent growth factor, and with escrow topping the list of player concerns, that’s no given.

The players’ association will discuss and make a decision on the growth factor at some point before July 1.

Related: Bowman noncommittal on Shaw and Bickell, needs to know salary cap first

Devils’ Merrill undergoes shoulder surgery, out four months

NEWARK, NJ - JANUARY 04: Jon Merrill #7 of the New Jersey Devils skates against the Detroit Red Wings at the Prudential Center on January 4, 2016 in Newark, New Jersey. The Red Wings defeated the Devils 1-0.  (Photo by Bruce Bennett/Getty Images)
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New Jersey d-man Jon Merrill, who struggled through an injury-riddled campaign, has undergone successful shoulder surgery with an expected recovery time of four months, the club announced on Wednesday.

Merrill, 24, only appeared in 47 games this year, first missing time with an arm injury, then suffering a shoulder ailment late in the year.

There was no clear indication if the two ailments were related, but Merrill’s arm injury was on the right side, and surgery was on his right shoulder.

A former University of Michigan standout taken 38th overall in 2010, Merrill enjoyed solid rookie and sophomore campaigns in New Jersey. His second year was especially solid — 14 points in 66 games, averaging over 20 minutes per night — and he boasts good size, going 6-foot-3, 205 pounds.

Based on the four-month timetable for recovery, Merrill will likely miss parts of New Jersey’s training camp and preseason action.

Max Talbot mulling European options for next season

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After a 10-year career with over 700 games played and one Stanley Cup, Maxime Talbot could be done in the NHL.

Per RDS, Talbot — who’ll hit unrestricted free agency on July 1 — has “some options in Europe” for next season, and is contemplating a move overseas.

In his prime, Talbot was a gritty, hardworking forward with decent touch around the net. He scored double-digit goals four times, including a career-high 19 in ’11-12.

The 32-year-old split last season between Boston and its AHL affiliate in Providence, scoring seven points in 38 games at the NHL level.

Talbot did acquit himself very well with the P-Bruins — 21 points in 26 games — and has some experience playing abroad, having suited up for Finnish League club Ilves Tampere during the lockout.

Based on how things went last year in free agency, it wouldn’t be surprising to see Talbot land in Europe.

The likes of Maxim Lapierre, Curtis Glencross and Marcel Goc all failed to score NHL contracts last summer — Lapierre and Goc proceeded to sign overseas, while Glencross opted to retire.