Islanders trade Leddy to Red Wings for Panik, 2nd-round pick

The New York Islanders have dealt defenseman Nick Leddy to the Detroit Red Wings in exchange for forward Richard Panik and the 52nd overall pick in the upcoming NHL draft.

Detroit is retaining 50% of Panik's $2.75-million cap hit. He's under contract through 2022-23.

Leddy, who carries a cap hit of $5.5 million, is on the books through next season and will then be eligible for unrestricted free agency. He played the last seven campaigns with the Islanders after spending his first four with the Chicago Blackhawks.

Leddy collected two goals and 29 assists while averaging 21:35 of ice time and playing all 56 games for the Islanders this past season.

The 30-year-old won the Stanley Cup with the Blackhawks in 2013 before Chicago traded him to New York in October 2014.

Panik, who's also 30, has suited up for six other teams during his nine-year career.

The Red Wings could afford to part with the second-round pick - which originally belonged to the Edmonton Oilers - because they hold two additional second-rounders in the upcoming draft. In fact, Detroit owns two picks in each of the first five rounds this year. The Islanders now have two second-rounders of their own in 2021.