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Kraken To Explore Trade Market For Mark Giordano

February 24, 2022 at 6:44 pm CDT | by Brian La Rose 7 Comments

In recent weeks, Seattle hadn’t finalized their plans for veteran defenseman Mark Giordano as they wanted to meet with him first to see if he’d be open to extending his stay with them.  In the end, however, Pierre LeBrun reported in the latest TSN Insider Trading segment (video link) that after meeting with the blueliner, the Kraken have shifted their focus towards finding a trade for their captain.

The 38-year-old has had a decent season with the expansion franchise, leading their rearguards in scoring with 22 points in 44 games while logging more than 21 minutes a night.  While he’s no longer the top-pairing fixture he was in Calgary for a large chunk of his career, he’s still a capable top-four option that should garner some interest on a rental blueline market that projects to be a strong one between now and next month’s trade deadline.

Giordano is in the final year of a six-year, $40.5MM contract that carries some trade protection in the form of a 12-team no-trade clause.  While that means GM Ron Francis has 19 teams to trade the veteran to, it seems likely that they’ll try to work with Giordano to get him to one of his preferred destinations.

In order to do so, Seattle will almost certainly have to retain the maximum of 50% of Giordano’s AAV which works out to $3.375MM.  LeBrun notes that they’re willing to get creative to fully utilize their cap space – more than $21MM currently, per CapFriendly – so it stands to reason that they’ll be willing to retain on Giordano to maximize their return.

At that price tag, several contending teams should be interested in Giordano’s services so Francis should be able to generate a strong return.  Back in expansion, their reported asking price was a first-round pick along with a third-rounder for them not to take him, a price Calgary clearly wasn’t willing to pay.  Considering that type of return was what David Savard yielded a year ago as a rental, there’s a chance Seattle could get close to that in a move.  Now that it’s known that he’ll be traded, the Kraken should be fielding several phone calls about their captain if they haven’t been in touch with other teams already which makes Giordano someone to keep an eye on over the coming weeks.

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Seattle Kraken Mark Giordano

PHR Live Chat Transcript: 02/24/22
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Atlantic Notes: Olofsson, Canadiens, Sanderson
View Comments (7)

Comments

  1. VonDooche

    4 years ago

    Good thing they wasted that draft pick lol. And made him captain lol. This Kraken franchise will go down in history as one who put the wrong people in charge. Who knows how many mutinies theyll need before the ships on the right course, but its well known it for sure wont be whos in charge now.

    2
    Reply
    • theodore glass

      4 years ago

      They picked him with the idea they were going to be better than what they are. It clearly backfired. At least they can get some assets now.

      Reply
    • DarkSide830

      4 years ago

      if they figured to contend maybe they should have picked more than a half dozen half-decent players.

      Reply
  2. Al Hirschen

    4 years ago

    The NYR will be in on him

    Reply
  3. Ol' Voodoo

    4 years ago

    Him, Jarnkrok, Johansson, Donskoi, Donato, Eberle.

    I’m listening on everyone except Gourde, Dunn, and Tanev.

    1
    Reply
  4. fburner88

    4 years ago

    Francis should be fired if Gio’s on the roster after the trade deadline

    4
    Reply
  5. pawtucket

    4 years ago

    Carolina just lost a d man for a month or more….
    Rangers could be a good fit
    Capitals Maybe

    Reply

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