The Vancouver Canucks got fleeced in the Cory Schneider trade with the New Jersey Devils for the 9th overall pick—at least that is what most people are saying.
“That man [Devils general manager Lou Lamoriello] just pulled a major heist,” TSN analyst Pierre McGuire declared on air. “I really believe his knowledge of hockey—they named the championship trophy in Hockey East, the Lou Lamoriello Trophy.”
“He [Schneider] played at Boston College. New Jersey knows the Hockey East players better than anybody, better than anybody.”
Here’s an attempt to spin the trade.
Canucks Traded a 26th Overall Pick for a 9th Overall Pick
The Canucks drafted Schneider 26th overall in the 2004 NHL Entry Draft and managed to flip it for the ninth overall pick today. That is an improvement of 17 spots.
Not bad when you consider many teams never get back equal or better value for players they drafted and subsequently traded.
Take centre Kyle Chipchura as an example. The Montreal Canadiens selected 18th overall in the same 2004 draft, but were only able to get a fourth round pick back when they moved him to the Anaheim Ducks in 2004.
Can’t Compare to Varlamov Trade
Comparisons were immediately drawn with the Semyon Varlamov trade in 2011 that sent the goaltender from the Washington Capitals to the Colorado Avalanche for the 11th and 54th overall pick in the 2012 draft.
The two trades cannot be compared because the trade took place on July 1, 2011 for a first round pick in 2012 and a second round pick in 2012 or 2013. The first round pick just so happened to be 11th overall. The Capitals were probably expecting a later first rounder as the Avalanche looked like a team that was trending upwards.
The 2012 draft was considered to be weak as well.
2013 is a Deep Draft
A ninth overall pick in this year’s draft is probably a top-five pick in a different year, so the Canucks did better than a ninth overall pick.
Schneider Hasn’t Started More Than 33 Games in a Season
There is no doubt Schneider is an excellent goaltender, but he hasn’t started more than 33 games in a NHL season. For a team that is trying to win now, Roberto Luongo is probably the safer bet in net.
He’s an established goaltender in the league and the Canucks know they will get a good regular season from Luongo. It remains a question whether Schneider can carry the load over the course of an 82-game schedule.
Canucks Get a Piece for Inevitable Rebuild
The Canucks will inevitably have to rebuild five-to-seven years from now.
The team will need to find a way to replace three of their top-six forwards and Bo Horvat has the potential to do so.