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Karlsson, a two-time victor of the Norris Trophy as the NHL's top defenseman, has one year at a $6.5 million cap hit remaining on his contract before he's eligible to hit unrestricted free agency in 2019.

Karlsson is a free agent after the season, but Ottawa continues to stick to their guns, refusing to deal the best defenseman on the market for anything less than their initial demands.

General manager Doug Wilson began the offseason by making a run to add John Tavares to the Sharks. For the Sharks, his acquisition is a game-changer that could alter the course of their franchise, much like Karlsson's departure will shake the foundation in Ottawa.

The next contract for Karlsson is going to be a massive one.

If the Sharks miss the playoffs, the Senators will get a first-round pick in 2019, and if they make the post-season the club will get a No. 1 pick in 2020.

Normally, a trade between teams out of Colorado's division and not involving them would just be fun fodder for dissecting the deal but this one actually has a chance to have a significant impact on the Avalanche.

Patience paid off on the eve of the start of training camp. Karlsson said the deal still came as a shock but he is eager to begin work on a team that made the Stanley Cup Final in 2016 and lost to Vegas in the second round past year. "So for that I will forever be grateful and happy to be drafted by this team and getting to know this city".

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"This is the right moment for us to rebuild our team, and shape our future with a faster, younger and more competitive team on the ice", Senators general manager Pierre Dorion said. "This trade represents the best opportunity for the Ottawa Senators to rebuild towards a consistent excellence that we are striving for". Burns, 33, remains a top three defenseman option (with Karlsson and Victor Hedman of the Tampa Bay Lightning) but has been surpassed by Karlsson in the fantasy rankings and is better suited for the 25-30 range overall, compared to his higher ADP (19.5). "It will take me a long time to get over it".

"It's a statement I think", Kane said. And despite sounding like a straight-up imaginary player or somebody that the AI creates when you get too deep into a franchise mode in National Hockey League 19, Balcers is indeed real, and had 23 goals and 48 points in 67 AHL contests a season ago. Norris was a 2017 first-round pick by the Sharks, and posted eight goals and 23 points in 37 games with his freshman season with MI past year.

The Sharks made the addition without giving up a top-six forward or top-four defenseman.

Most reaction to the trade has been "Ottawa did not get almost enough".

"I haven't really still wrapped my mind around what is really going on".

Balcers spent last season in the AHL and Norris was a first-round pick in 2017 and entering his sophomore season at MI.

DeMelo played mostly on San Jose's third defensive pair last season when he had no goals and 20 assists in 63 games.