Saturday, July 6, 2013
Setoguchi on the block (update)
By Victoria Matiash
UPDATE: The Minnesota Wild have traded forward Devin Setoguchi to the Winnipeg Jets for a second-round draft pick (2014). As discussed by Michael Russo of the Minneapolis Star-Tribune, the move cleared the necessary $3-million cap room to sign UFA forward Matt Cooke.
*** "... when the Wild acquired Nino Niederreiter for Cal Clutterbuck last week, Setoguchi became expendable. (GM Chuck) Fletcher said the Setoguchi market heated up Friday afternoon when certain teams like the Jets missed out on free agents. With Setoguchi a year from free agency, Fletcher decided the time was right to trade him, gain $3 million in cap space and sign a 'different type of player' in Cooke with the money ..."
While Setoguchi is expected to perform as a top-six forward with the Jets, Dany Heatley is expected to reclaim his spot on one of the Wild's top-two lines in 2013-14.
The addition of Nino Niederreiter via trade might render another Minnesota Wild forward somewhat expendable. Michael Russo of the Minneapolis Star-Tribune suggests Wild GM Chuck Fletcher might try to move winger Devin Setoguchi to clear some cap space.
"... It’s clear Fletcher still is working the trade market. It wouldn’t be shocking if Devin Setoguchi, who is entering the last year of his contract, became expendable by Niederreiter’s acquisition. He has a $3/million cap hit. Could there be some way to trade Dany Heatley and his $7.5 million cap hit this summer? Seems doubtful, but his real money is $5 million. The Wild also still is trying to trade fourth-line center Zenon Konopka ($925,000) ..."
An extra $3 million is nothing to sneeze at, considering the Wild have only (approximately) $2.5 million with which to work at present. There's also word defenseman Tom Gilbert and his accompanying $4-million hit could be bought out.