Spotlight: 5 Recent Transactions Made by the New Jersey Devils

The 2021 NHL trade deadline passed on April 12 at 3 p.m. (Eastern Time). Sixteen trades were made during the day, as teams attempted to prepare for extended playoff runs. Several other trades were made in the days and weeks leading up to the deadline. The New Jersey Devils traded two of its key veteran players and made a few other transactions. Below is a look at the team’s player activity before and just after the NHL trade deadline.

Image courtesy wyliepoon | Flickr

Signed Alexander Holtz

While teams are not permitted to make trades after the deadline, they can sign their own prospects. New Jersey did just that on April 19, when it signed right winger Alexander Holtz to a three-year, entry-level contract. Selected 17th overall by the Devils in the 2020 NHL Draft, Holtz is a goal-scoring winger known for his hard and accurate shot. He recorded 18 points through 40 games with Djurgårdens IF in Sweden this season and also had three points in five games for his country at the U-20 World Junior Championships.

Acquired Jonas Siegenthaler

Prior to the deadline, New Jersey primarily traded veteran players on expiring contracts for draft picks and prospects, but it did make one exception. The Devils sent a conditional third-round pick for the 2021 NHL Draft to the Washington Capitals in exchange for defenseman Jonas Siegenthaler.

Waived Nikita Gusev and Sami Vatanen

In addition to trades, New Jersey cleared up salary cap and roster space on deadline day by waiving veterans Nikita Gusev and Sami Vatanen. A 28-year-old native of Moscow, Russia, Gusev signed with the Devils prior to the 2019–20 season after spending 10 seasons in the KHL. He recorded 44 points in 66 games with the team that season, but had only five points through 20 games in 2020–21. Subsequently, he signed a one-year contract with the Florida Panthers.

Traded Dmitry Kulikov

After acquiring Siegenthaler from the Capitals, the Devils freed up playing time for the young defenseman by trading Dmitry Kulikov to the Edmonton Oilers for a conditional fourth-round pick in the 2022 NHL Draft. New Jersey will receive a third-round pick instead of a fourth if the Oilers win a round in the 2021 Stanley Cup Playoffs.

Traded Kyle Palmieri and Travis Zajac

Prior to the deadline, New Jersey’s most substantial transaction involved longtime Devils Kyle Palmieri and Travis Zajac, both of whom were shipped to the New York Islanders in exchange for Mason Jobst and A.J. Greer, a first-round pick in the 2021 NHL Draft and a conditional second-round pick in the 2022 NHL Draft. New Jersey retained half of the salaries for both Palmieri and Zajac.

Jeff Sica is a regular guest on Fox Business and has also provided commentary for CNBC and Bloomberg.

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