It is going to end up being something like Ceci+Kulak+2026 1st to Chicago or Utah, with some sort of bargain basement roster player going back to Edmonton, who makes 1M or less but can fill a spot in their lineup to offset Broberg and Holloway coming in at a higher cap hit than expected.
Then the team who gets them will flip one or both with retention.
An interesting thing about getting Edmonton's 2026 1st, is that a team could end up with the Tim Stutzle special. As in, if they aren't willing to settle for a 2027 1st, which most teams won't, they negotiate to get a double-unprotected 1st round pick.
Philadelphia owns Edmonton's pick, unless it's top 12 protected. If Edmonton keeps the 2025 pick, Philadelphia gets the 2026 pick. So if a team who will take Ceci+Kulak refuses to let them protect the pick until 2027, they could essentially have two shots for Edmonton to fail. The same thing happened with us and San Jose's 1st in the Karlsson trade (Buffalo owned it, the protection transferred to us).
I could also see something out of left-field, with Edmonton trading someone they signed this summer, and the justification being that they didn't sign the Broberg contract so moving Adam Henrique or Viktor Arvidsson was out of their hands. They didn't sign him just to flip him, but they were left with no choice.