Confirmed with Link: Jeff Petry (50% retained) traded to DET for Gustav Lindström and conditional 4th-round pick in 2025 (later of Detroit or Boston's pick)

[Habs 4 Life]

if he is solid why nobody didn't want him with 25% of retention? hughes took him only with 2nd and bad contract gone.

Keep in mind Petry also had a final say to where he would have landed and rumors are he did refuse a couple of trades ( destination ) with Dubas trying to move him.

 

[Andy]

So in the end the whole Petry Saga resulted in

Acquisition of:
Matheson
4th 2023 (Pit)
4th 2024 (Bos or Det)
2nd 2025 (Pit)
De Smith
Legare
Lindstrom

The loss of:
Hoffman (no retension)
Poehling
Pitlick

Cap commitment:
2.3 million for this year and next year

That is quite the haul for a single player who publicly advertised that he no longer wanted to play for Montreal. Looking at the sequence of trades from a macro perspective instead of each individual transaction is quite interesting.

Add in the fact that the habs might also deal De Smith or Allen as a result, and the long-term strategic thinking is something to think about. Heck, even the second round pick could be used to acquire additional assets like Hughes has already done in back-to-back drafts.

 

[Vachon23]

All of last year and this summer I had to read about how Hughes should buyout Hoffman. These folks were also the same people asking that Armia be bought out as well.

These posters were ready to commit dead cap space for 0 assets. In the case of Armia, they were willing to commit dead cap for the next four years. Some in this crew suggested that both should be waived (a commitment to dead cap in another fashion).

Instead, Hughes committed 2.3 of dead cap for this year and next to acquire a second and 4th round pick, while also dumping Hoffman to make room for young forwards for this year (also something this buy out crew was arguing for).

Now that the habs leveraged cap to bring in additional assets AND make room for young forwards the goalposts have shifted to "the collective buyout of Armia and Hoffman for the next two seasons is 900k less!". And now for the first time on these boards, retention slots have now become a wedge issue. For some reason, the # of remaining retention spots matters presumable because they need to be used, but then when they are used it's an issue? I'm not even sure what the retention slot argument is supposed to be. The habs have used it exactly as intended: leverage cap space for assets.

Moves like this really shine a light on good faith posters and those who like to complain for the sake of.

Mic drop !

Plus we never used all our retention spot except if we retain in a 3 way deal like Bonino last year for a 5th round pick…

Are you freaking me? He had one bad season with the Pens and suddenly he has no value? I would have kept him if that's all we were gonna get. Hearing Hughes saying he called Petry saying "Don't worry, we will accomodate you". What the Hell is that.

it’s not just 1 bad season, it’s a 36 yrs old Dmen with more then 1 year of contract and with a NTC so they are even less buyers available… that is putting is value lower.

Pittsburgh needed to give us a 2nd round pick and take Mike Hoffman to trade him.. they would never have done that if they was a market for him.

Some posters are mad about that trade, because they overvalued Petry value bat in reality, it was easy to see we wouldn’t receive much for him. Some just seem to think we where trading 2019 Jeff Petry

 

[salbutera]

Mic drop !

Plus we never used all our retention spot except if we retain in a 3 way deal like Bonino last year for a 5th round pick…

it’s not just 1 bad season, it’s a 36 yrs old Dmen with more then 1 year of contract and with a NTC so they are even less buyers available… that is putting is value lower.

Pittsburgh needed to give us a 2nd round pick and take Mike Hoffman to trade him.. they would never have done that if they was a market for him.

Some posters are mad about that trade, because they overvalued Petry value bat in reality, it was easy to see we wouldn’t receive much for him. Some just seem to think we where trading 2019 Jeff Petry

I’m quite sure SJS would’ve much rather preferred acquiring Petry vs Hoffman if the former was willing to waive his NTC

Combine restrictive NTC w very limited number of teams with any cap space to play with and it’s a heavily tilted buyers market

 

[Naslundforever]

Uh, a friendly reminder. Hugo is still in the honeymoon stage with many posters. What you just did in that post is on par to kicking in the door to their honeymoon suite and calling the bride a dog. If you were living in Montreal, you would see an ocean of pitchforks and knives outside your window. Living out west may have just saved you. But if I were you, I would wear a helmet and a bulletproof vest. Godspeed.

Maybe pay less attention to people’s opinions about people’s opinions about things, it’s how social media got everyone to the brain-dead state the world is in. It’s why Google can’t tell the difference between events and opinion pieces in my news feed anymore… Or give weight to what’s important vs popular.

What posters think of the Petry trades changes nothing to the Petry trades themselves. What posters think of what those other posters think about the trades, even less so.

I’m just glad he won’t be a hab all this is good, boring asset management which would have barely made a headline in the 90’s.

 

[billy piton]

Keep in mind Petry also had a final say to where he would have landed and rumors are he did refuse a couple of trades ( destination ) with Dubas trying to move him.

absolutely. but that fact didn't change since hughes traded for him. it was still very hard to move him. it might become easier sometimes next few months, but also it could get even harder. i would probably wait for at least the preseason, but whatever.

 

[Habs 4 Life]

absolutely. but that fact didn't change since hughes traded for him. it was still very hard to move him. it might become easier sometimes next few months, but also it could get even harder. i would probably wait for at least the preseason, but whatever.

I think it was very hard to move him because of his NTC and the fact that most teams are really high against the cap. Sure his value isn't what it was 3-4 years ago but I still think he can help and if he had started the year for us I don't think it would have been a bad thing, Regardless KH did well despite everything and that Petry and his family are happy.

On to the next move, let's see which goalie goes....

 

[The Real Timo]

I see that Bergy's mantra of "you can never have too many (bad) defensemen" continues. Habs would rather pay around 3M for an absolutely useless AHLer than 4M for a still very serviceable dman in Petry. Petry is still better than BArron, Harris and Kova combined.

 

[BaseballCoach]

Basically Hughes got a 2nd, two 4ths, Matheson and retained about 2.5 mil on Petry for nothing in the span of a year. The most recent deal was underwhelming if you look at it through a vaccum but if you look at the overall picture of what he got in a Petry trade tree and everything relating to it, it's pretty good to an objective observer

So the Sergachev for Drouin trade was actually ok, becausse if we just lump it together with the Danault trade and the original Weise trade, we were quite ahead?

 

[BaseballCoach]

I see that Bergy's mantra of "you can never have too many (bad) defensemen" continues. Habs would rather pay around 3M for an absolutely useless AHLer than 4M for a still very serviceable dman in Petry. Petry is still better than BArron, Harris and Kova combined.

Absolutely. Egregious error to promise Jeff a fast trade. I am sure Kent misjudged the market and did not think the timing would fleece us like this. But it did. Never do this again! And PLEASE can we fans stop pretending that UFAs will be more likely to come here if we have a GM who gives players unearned favours? Sought after UFAs want to go somewhere where the team is improving and will win (or win soon) and very possibly avoid places where the GM botches deals and squanders opportunities to help the club.

 

[BaseballCoach]

Ironically the past couple of moves by hughes are reminiscent of Bergevin moves.

Adding little or no value assets for less cost, but not improving the team in the process.

Trading nickels for quarters, bargainbin style

The Hoffman trade was good. The sequel ruined the initial move and actually set us back with a big retention for next year.

 

[Le Barron de HF]

Absolutely. Egregious error to promise Jeff a fast trade. I am sure Kent misjudged the market and did not think the timing would fleece us like this. But it did. Never do this again! And PLEASE can we fans stop pretending that UFAs will be more likely to come here if we have a GM who gives players unearned favours? Sought after UFAs want to go somewhere where the team is improving and will win (or win soon) and very possibly avoid places where the GM botches deals and squanders opportunities to help the club.

Do you think a unhappy Petry who already requested out in the past would have delivered the goods? A unhappy 35+ vet would have had negative value regardless of the contract. Let alone the time on ice lost for the kids to boost Petry's value who doesn't want to be there.

 

[NotProkofievian]

This place needs a dislike button.

 

[BaseballCoach]

Do you think a unhappy Petry who already requested out in the past would have delivered the goods? A unhappy 35+ vet would have had negative value regardless of the contract. Let alone the time on ice lost for the kids to boost Petry's value who doesn't want to be there.

Petry told Eric Engels that if it took time to move him, they would gladly come to Montreal and play.

Whatever the situation, Kent seems to have mis-read it. It's ok if he is not perfect, let's just admit it and move on.

 

[Gaylord Q Tinkledink]

Absolutely. Egregious error to promise Jeff a fast trade. I am sure Kent misjudged the market and did not think the timing would fleece us like this. But it did. Never do this again! And PLEASE can we fans stop pretending that UFAs will be more likely to come here if we have a GM who gives players unearned favours? Sought after UFAs want to go somewhere where the team is improving and will win (or win soon) and very possibly avoid places where the GM botches deals and squanders opportunities to help the club.

Alright, it's not just you who doesn't get it, it seems to be a lot of people and I really shouldn't be surprised.

So, as I've stated Hayes was 50% retained, a more valuable player and got less.

Johansen was given away for free.

San Jose got a 1st and potentially more picks, but not likely good ones for a dman that just put up 100 points. That 1st is also conditional.

Brent Burns, who's a much better defenseman was traded for Lorentz, a 4th liner and a goalie prospect. Sharks retained 2.7 for 3 years.

WHERE DO ANY OF THESE TRADES TELL YOU THERE COULD HAVE BEEN MORE ?

The best part is all these crybabies overlook my point and just cry.

 

[ReHabs]

Alright, it's not just you who doesn't get it, it seems to be a lot of people and I really shouldn't be surprised.

So, as I've stated Hayes was 50% retained, a more valuable player and got less.

Johansen was given away for free.

San Jose got a 1st and potentially more picks, but not likely good ones for a dman that just put up 100 points. That 1st is also conditional.

Brent Burns, who's a much better defenseman was traded for Lorentz, a 4th liner and a goalie prospect. Sharks retained 2.7 for 3 years.

WHERE DO ANY OF THESE TRADES TELL YOU THERE COULD HAVE BEEN MORE ?

The best part is all these crybabies overlook my point and just cry.

Petry didn't need to be re-acquired in the first place, is the point. You guys are acting as if the Habs were stuck under the Petry boulder and were desperate to get out. No, the Habs facilitated an Eastern team's acquisition of a Norris winning 100pt player and in the process acquired Petry's contract.

If Hughes had sold Petry for this haul and cap-commitment we all would've applauded it because Petry's full contract was (and is) terrible. But Hughes had already knocked it out of the park when he sold Petry the first time! The Matheson trade was perfect. Taking him back and then rushing to get hosed by Yzerman was just unnecessary. All that for what amounts to be a 2nd round pick. Meh!

 

[Deebs]

Petry told Eric Engels that if it took time to move him, they would gladly come to Montreal and play.

Whatever the situation, Kent seems to have mis-read it. It's ok if he is not perfect, let's just admit it and move on.

What a player says to a reporter and what a player's agent says to the general manager can be two greatly different things.

Nevertheless, it's over and it's time to move on.

 

[Goldthorpe]

I am sure Kent misjudged the market and did not think the timing would fleece us like this. But it did.

And you know this because?

 

[rve24]

Petry told Eric Engels that if it took time to move him, they would gladly come to Montreal and play.

Whatever the situation, Kent seems to have mis-read it. It's ok if he is not perfect, let's just admit it and move on.

Or he had more information than we all did and read it correctly?

 

[NotProkofievian]

Just not sure how to process the loss of a retention spot. I haven't been this devastated since Harambe.

 

[salbutera]

Absolutely. Egregious error to promise Jeff a fast trade. I am sure Kent misjudged the market and did not think the timing would fleece us like this. But it did. Never do this again! And PLEASE can we fans stop pretending that UFAs will be more likely to come here if we have a GM who gives players unearned favours? Sought after UFAs want to go somewhere where the team is improving and will win (or win soon) and very possibly avoid places where the GM botches deals and squanders opportunities to help the club.

This thread / board is a microcosm of why highly sought after UFAs don’t want to sign w CDN markets. #everymovemicroscopicallyanalyzed

 

[Hope Of Glory]

Just not sure how to process the loss of a retention spot. I haven't been this devastated since Harambe.

I dropped to my knees in L'Aubainerie when I heard the news

 

[Jaynki]

Petry didn't need to be re-acquired in the first place, is the point. You guys are acting as if the Habs were stuck under the Petry boulder and were desperate to get out. No, the Habs facilitated an Eastern team's acquisition of a Norris winning 100pt player and in the process acquired Petry's contract.

If Hughes had sold Petry for this haul and cap-commitment we all would've applauded it because Petry's full contract was (and is) terrible. But Hughes had already knocked it out of the park when he sold Petry the first time! The Matheson trade was perfect. Taking him back and then rushing to get hosed by Yzerman was just unnecessary. All that for what amounts to be a 2nd round pick. Meh!

2.3M cap hit for the 2024-2025 season seems to be the market value for a 2nd rd pick following jurisprudence. Its pretty meh indeed but let's not forget its first and foremost a cap-dump/administrative trade.

After all, we cleared up cap space to not use off-season LTIR, we cleared the logjam on offense and acquired draft pick. Hughes also said he is putting himself in position to be able to overpay for a young player in the Suzuki-Dach-Caufield age-range with the depth in picks and prospects we now have.

Don't know what we were expecting to be honest with those assets or what mega-win we anticipated out of Petry. If he had any value, after all, we would not have been in the Karlsson trade in the first place.

 

[DAChampion]

So in the end the whole Petry Saga resulted in

Acquisition of:
Matheson
4th 2023 (Pit)
4th 2024 (Bos or Det)
2nd 2025 (Pit)
De Smith
Legare
Lindstrom

The loss of:
Hoffman (no retension)
Poehling
Pitlick

Cap commitment:
2.3 million for this year and next year

That is quite the haul for a single player who publicly advertised that he no longer wanted to play for Montreal. Looking at the sequence of trades from a macro perspective instead of each individual transaction is quite interesting.

Add in the fact that the habs might also deal De Smith or Allen as a result, and the long-term strategic thinking is something to think about. Heck, even the second round pick could be used to acquire additional assets like Hughes has already done in back-to-back drafts.

IMO we should not include Matheson, Poehling in our evaluation of this summer's trades. We should see them as one group.

 

[le_sean]

I see that Bergy's mantra of "you can never have too many (bad) defensemen" continues. Habs would rather pay around 3M for an absolutely useless AHLer than 4M for a still very serviceable dman in Petry. Petry is still better than BArron, Harris and Kova combined.

But those three (well maybe only two) will continue to get better whereas whiner is on a downward trend.