Dobson’s contract is up at the end of next year. Pageau is an anchor.
Dobson is an RFA, not a UFA, so it wouldn't be difficult to re-sign him.
Pageau probably doesn't have any value but I wouldn't consider him an anchor. Still a great 3rd line C.
Doesn’t work at all for the Sens.
There's a number of reasons why it makes sense.
Biggest one by far is that we get a cheaper RD to play beside Chychrun that is half as expensive as Chabot over the next 2 seasons and can then be re-signed long-term to occupy the top RD spot for the foreseeable future.
Balances the D pairs and gets us out of Chabot's contract, which may severly limit his trade value, especially if he spends most of this year on PP2. No one will want to trade much for an 8M offensive defenseman (9.2M average real salary, mind you) that isn't putting up big numbers.
A side benefit is that the trade would actually allow us to have a complete lineup and still remain under the cap. Wouldn't have to dump Kubalik, Brannstrom or Joseph.
Losing Pinto would suck but Pageau should be able to hold down the 3C spot for the next 3 years and do a good job. Obviously we lose on that swap but there has to be a reason for the Isles to make the deal. Getting a young 2nd/3rd line C from Long Island would probably entice them.
Maybe the value isn't quite right and the Isles should be adding a pick/prospect to make up for a bigger difference in value between Dobson/Chabot and Pageau/Pinto, but I think it does make a sense for a number of reasons.