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The Penguins have dealt the signing rights center Tyler Kennedy to the San Jose Sharks in exchange for a second-round pick in today's draft. The pick is the 50th overall in the draft.
Kennedy, 26, is scheduled to become a restricted free agent July 5. He is coming off a two-year contract with a salary cap hit of $2 million. In 46 games last season, Kennedy scored 11 points (six goals, five assists).
A member of the Penguins' 2009 Stanley Cup championship team, Kennedy spent parts of the past six seasons with the Penguins. In 372 career games, Kennedy scored 168 points, 48th most in franchise history.
Baring a trade, the pick will be the Penguins' first in this draft.
-EN Says: Given Kennedy's decline in production the past two seasons, this might be a good trade for everyone involved. As Ray Shero pointed out, a change of scenery might benefit Kennedy.
After having a career year in 2010-11 with 21 goals, Kennedy was hampered by injuries in 2011-12 and saw his goal total drop to 11. In 2011-12, Kennedy never seemed to mesh with new third line center Brandon Sutter quite as well as he did with Jordan Staal and scored only six goals.
After dealing away several draft picks to acquire the likes of Jarome Iginla and Douglas Murray, the Penguins need to to restock the cupboard in terms of draft picks. Ultimately, they turned a fourth-round pick in Kennedy into a second round pick. That's a success for Shero.
Additonally, with the Penguins potentially trying to re-sign Kris Letang, Matt Cooke and Pascal Dupuis, this frees the Penguins from having to re-sign Kennedy from the salary cap hit of $2 million or more it would take to re-sign him as a restricted free agent.
For the Sharks, they were light in terms of bottom six forwards. Kennedy is an upgrade over the likes of James Sheppard and Tommy Wingels. Additionally, he bring a Stanley Cup ring to San Jose and there aren't too many of those in the Sharks' dressing room.
Kennedy has shown an ability to produce in the postseason and he can help the Sharks as a role player come playoff time.
(Photo: Jamie Sabau/Getty Images)