Predators deal all-star defenceman P.K. Subban to Devils

Defenceman P.K. Subban is headed to New Jersey. The Nashville Predators dealt the 30-year-old Toronto native to the Devils on Saturday ahead of the second round of the NHL draft.

NHL salary cap for next season set at $81.5M US, $1.5M lower than initially projected

The Nashville Predators traded defenceman P.K. Subban to the New Jersey Devils on Saturday. (Frederick Breedon/Getty Images)

P.K. Subban is leaving Music City.

The Nashville Predators traded the 30-year-old defenceman to the New Jersey Devils on Saturday ahead of the second round of the NHL draft.

New Jersey surrendered blue-liners Steven Santini and Jeremy Davies and two second-round picks (2019 and 202) in an exchange that gives Nashville salary cap relief.

Subban, whose contract carries an annual average value of $9 million US, put up a career-low 31 points in 63 games with the Predators in 2018-19.

"We appreciate P.K.'s contribution to the Predators and the Nashville community over the past three seasons, which have seen our organization have unprecedented success," Predators general manager David Poile said in a statement.

"We had to make a business decision. With an aim at strengthening our forward corps this off-season, and the continued strength of our defensive group, we felt it was necessary to clear up salary cap space this way."

Originally selected 43rd overall by the Montreal Canadiens in 2007, Subban has 98 goals and 310 assists in 645 career games. The Toronto native has registered 62 points in 96 career playoff outings.

Subban signed an eight-year, $72-million US contract with Montreal in 2014. The deal included a no-movement clause, but he was dealt to Nashville for fellow defenceman Shea Weber in the summer of 2016 before the stipulation kicked in.

The Predators chose not to honour the no-movement clause in Subban's contract once he became their player.

Santini, 24, has 21 points in 114 NHL games, all with the Devils. New Jersey signed Davies to an entry-level deal at the beginning of April.

Canucks acquire J.T. Miller

The Vancouver Canucks made a splash at their home draft on Saturday, acquiring forward J.T. Miller from the Tampa Bay Lightning.

The Canucks sent goalie Marek Mazanec to Tampa with a 2019 third-round draft pick and a 2020 conditional first-round pick (moves to 2021 if Vancouver misses te playoffs next season).

Miller, 26, had 13 goals and 34 assists for the Lightning last season.

The native of East Palestine, Ohio, is known as a versatile forward who can play all three positions.

He was originally selected 15th overall by the Rangers in 2011 and spent six seasons in New York before he was dealt to Tampa Bay in 2018.

Salary cap announced

The NHL salary cap for next season has been set at $81.5 million US, which is $1.5 million lower than initially projected.

The league and the NHL Players' Association announced the figure Saturday, a day before teams can begin meeting with prospective unrestricted free agents ahead of the signing period opening July 1. The cap rose by $2 million from last season, though teams at or near the maximum were counting additional room in order to sign or re-sign players.

With files from CBC Sports