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Islanders trade defenseman Nick Leddy to Detroit Red Wings

Nick Leddy #2 of the New York Islanders (Photo by Bruce Bennett/Getty Images)

It has happened. The New York Islanders traded Nick Leddy. On Friday at around 8 PM eastern time Lou Lamoriello sent the veteran defenseman to the Detroit Red Wings. In return, the Isles received forward Richard Panik and a 2021 second-round pick.

The Red Wings retained 50% of Panik’s cap hit in the trade. Panik’s AAV was $2.75 million before coming to the Isles. Meaning Panik will carry a $1.375 million cap hit over the next two years of his deal.