Panthers trade Dave Bolland, Lawson Crouse to Coyotes

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This is part of Florida Panthers day at PHT…

It’s Florida Panthers day at PHT so it’s only fitting that they would start the day by completing a trade, which they did on Thursday morning by sending veteran forward Dave Bolland and 2015 first-round draft pick Lawson Crouse to the Coyotes in exchange for two draft picks.

As part of the deal the Panthers will get a 2017 third-round pick and a conditional 2018 second-round pick. ESPN’s Craig Custance reports that 2018 second-round pick will become a third-round pick if Crouse does not play in Arizona this season.

“We are very pleased to acquire Lawson,” Coyotes general manager John Chayka said in a team statement. “He’s a big, physical, power forward who is a strong skater with good hands. Players of his caliber and profile are extremely hard to find.”

The key to this deal for Florida is, obviously, dumping the remainder of Bolland’s contract and clearing a significant amount of cap space both this year and in the future. Bolland’s deal still has a salary cap hit of $5.5 million per season for another three years. Since signing the five-year, $27 million deal in free agency before the start of the 2014-15 season, Bolland has played in just 78 games for the Panthers and scored only seven goals.

At the time of the contract Bolland was just one year removed from scoring the game-winning goal in the Stanley Cup Final for the Chicago Blackhawks, while his injury the following year was looked at as a costly blow to a Maple Leafs team that fell apart in the second half of the season. So even though his overall production throughout his career didn’t really match the hype or the interest, he was still able to get a huge deal in free agency.

It has been an extremely costly contract for the Panthers, and the price became even steeper on Monday when they had to give up a prospect that was the No. 11 pick (Crouse) in the draft just last year to get rid of it.

And that is what makes the deal worth it for Arizona.

The Coyotes are pretty much buying a top prospect, and adding to an already deep pool of young players, for the price of taking on another contract that has almost no value to anybody else in the league. They picked up a first-round pick from the Detroit Red Wings earlier this summer for taking the final year of Pavel Datsyuk’s contract after he left the NHL to play in Russia, and last year made a deal with the Philadelphia Flyers to take on the remainder of Chris Pronger‘s contract. Because the Coyotes are so far below the league’s salary cap they are able to take on these deals without much of an issue and use them to keep adding young talent to a fast improving team.