NHL News: Kraken acquire Jaycob Megna, Bo Horvat gets trade protection, and more

On Sunday evening, the Seattle Kraken acquired defenseman Jaycob Megna from the San Jose Sharks in exchange for a 2023 fourth-round Draft pick. He has one more year remaining on his contract which comes with $762,500 cap hit.

Per NHL.com, Seattle will notify San Jose by June 15 if it will be their own fourth round selection or the one obtained from the Colorado Avalanche when they traded Kurtis MacDermid in July of 2021.

Megna, 30, has one goal and 12 points in 48 games this season with the Sharks. He was selected by the Anaheim Ducks in the seventh-round of the 2012 Draft and has 25 points in 135 career games split between the two clubs.

“Jaycob has shown with his play this season that he is a responsible defenseman that can be relied on in all situations,” Kraken general manager Ron Francis said in a press release. “He provides welcome depth to our defensive group and we are happy to have him join our organization.”

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Bo Horvat contract details

bo horvat
Feb 4, 2023; Sunrise, Florida, USA; Pacific Division forward Bo Horvat (14) of the New York Islanders skates onto the ice before the 2023 NHL All-Star Game at FLA Live Arena. Mandatory Credit: Sam Navarro-USA TODAY Sports

The New York Islanders moved even faster on a contract extension then they did trading for Bo Horvat ahead of the NHL Trade Deadline set for March 3.

GM Lou Lamoriello signed Horvat for 8 years with an AAV of $8.5 million on Sunday.

“It’s too long and it’s too much money,” Lamoriello joked. “We’ll just worry about today. I’m certain we’ll find a way (to navigate the salary cap next season).”

According to CapFriendly, Horvat has a full no-trade clause for the first four years with a 16-team modified no-trade in the final four years of his deal.

Capitals extend Sonny Milano

Over the weekend, the Washington Capitals announced an extension for forward Sonny Milano. Terms of the deal are for three-years with an AAV of $1.9 million.

Milano, 26, has recorded eight goals and 22 points in 40 games this season.

He was originally selected by the Columbus Blue Jackets in 2014 16th overall before being traded to the Anaheim Ducks during the 2019-20 season. The Ducks let him walk and the Caps signed him to a one-year deal in October.