Immediately after acquiring Mark Streit in a trade for Valtteri Filppula, General Manager Steve Yzerman has flipped Streit to the Pittsburgh Penguins. In return, the Tampa Bay Lightning received a 2018 fourth-round pick from the Penguins.
The Lightning will also retain 50% of the $5 million of Streit’s remaining salary cap hit that Philadelphia didn’t retain, which is about $550,000. This gives the Lightning even more buffer on potential bonuses at the end of the year.
Yzerman traded away a 2017 fourth-round pick to Philadelphia in the Filppula trade and now have acquired another fourth-round pick to replace it, except for a year later.