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On this date in Penguins history: July 11th — Jaromir Jagr traded

To borrow from FDR, July 11th is a date that will live in infamy as far as Pittsburgh Penguins lore goes. On this date in 2001, the team pulled the trigger on dealing Jaromir Jagr to the rival Washington Capitals.

Even though the transaction was technically a trade, it could more accurately be described as an outright sale. The Pens included another marginal player that they simply didn’t/couldn’t afford to keep in Frantisek Kucera going with Jagr to Washington in exchange for three prospects and $4,999,999. The monetary amount carefully chosen to be the maximum the NHL would allow in those days.