Karlsson traded to San Jose and what it means for the Rangers

The Ottawa Senators have traded pending UFA Erik Karlsson tot he San Jose Sharks.

San Jose gets Karlsson and Francis Perron with Ottawa getting a first round pick in 2020, 2nd round pick in 2019, forwards Chris Tierny, Rudolfs Balcers, defenseman Dylan Demelo, prospect Josh Norris and a 2021 second round pick if Karlsson re-signs with the Sharks.

The Rangers had long been mentioned as a potential match for Karlsson and then as a third team that could help facilitate a trade between Ottawa and a team that needed cap space.

San Jose is projected to have $25.7 million in cap space after this season.