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What would it take for Devils to trade for Erik Karlsson?

Erik Karlsson is on the market.

The Ottawa Senators are open to trading the star defenseman, who can become a free agent after the 2018-19 season. After making a contract extension offer on July 1, the Senators reportedly gave permission for other teams to negotiate an extension prior to a trade, and teams around the NHL are certainly interested.

Can the Devils get in the mix?

New Jersey has the cap space, prospects and assets to pull off such a trade. Here's a look at what it might take to land Karlsson in a deal, what it would cost to extend him and what the Devils' lineup would look like with Karlsson in the mix.