For a while this summer, Elias Pettersson kept popping up as the kind of swing the Canadiens might have to consider. Montreal wanted to be aggressive, Kent Hughes said the search for a deal was frustrating, and the goal was clear: add a top-six forward, preferably a center. Pettersson fit the name value part of that conversation.
But the more this played out, the clearer it became that a deal like that would have needed a lot to go right. Vancouver would have had to keep salary, and Montreal would have had to believe Pettersson was much closer to the 100-point version of himself from a few seasons ago than the 51-point player he was last season.
Rick Dhaliwal said on The Canucks Conversation that the market never really got serious. He explained that a Pettersson trade “never got close in the last few months,” and added, “The Canucks never went to his agents and said, "Hey, we got a team.
Will you waive to go to this team?" There's been a lot of conjecture, there's been a lot of talks, and there's been a lot of teams checking in,” Dhaliwal said.
Dhaliwal also said teams were asking for retention, and one team in particular wanted close to $3 million per year retained to make the numbers work. That lines up with the contract picture: Pettersson still has six years left at an $11.6 million AAV.
And even beyond the price tag, this was never an easy fit for Montreal. Yes, the Canadiens could use help in their top six. But their front office has also done a solid job of not boxing out prospects on the way up, and a Pettersson trade would have complicated that balance fast.
Michael Hage is expected to be in Montreal at the latest by the end of this season, and that creates a problem if Pettersson is already occupying center ice. Montreal could have pushed him down to the third line, but that only makes the contract harder to justify. Even with retention, it’s a lot to pay for a third-line center.
So while Canadiens fans may have wanted the splash, this was one case where standing pat looks a lot smarter than forcing a move that didn’t line up long term.
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Canadiens Suddenly Loom In A Young Star Contract Squeeze
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Cutter Gauthier and Adam Fantilli are among the players whose next contracts are expected to be shaped by Bedards number, and that creates a potential squeeze for teams trying to keep their young talent in line. For Montreal, the intrigue is less about what has happened than what might follow, since no offer sheets or trades have surfaced yet, but the combination of cap room and an unsettled market keeps the Canadiens in the conversation. [Read more 🡒]