The Kraken and Blackhawks have made a swap of underperforming forwards. Chicago has acquired winger Andre Burakovsky from Seattle in exchange for center Joe Veleno in a one-for-one move. Both teams have confirmed the trade.
Burakovsky became a key secondary scorer when he was acquired by Colorado back in 2019. Over three seasons with the team, he had two seasons of more than 40 points while his last one with them saw him record a career-best 61, allowing him to hit unrestricted free agency for the first time while being one of the better options available on the open market.
That helped him land a five-year, $27.5MM contract with the Kraken in 2022 and the deal has not gone particularly well thus far. The 30-year-old produced at a similar rate in 2022-23 from a points per game perspective but while he had 39 points in 49 games, missing 33 outings due to injury made for a disappointing year. 2023-24 was more of the same on the injury front as he once again missed 33 games, but to make things worse, his output fell considerably, down to just seven goals and nine assists.
This past season, Burakovsky was able to rebound a bit. For starters, he was able to play in 79 games, one shy of his career best in that regard. Meanwhile, while he didn’t get back to the type of production he had back in Colorado, he was able to chip in with 10 goals and 27 assists.
Last summer, Chicago added wingers Tyler Bertuzzi and Teuvo Teravainen in free agency, giving themselves some upgrades up front and some veterans to work with their young forward core. This move appears to follow that same idea while they’ll be taking on the final two seasons of Burakovsky’s deal at a $5.5MM price tag to make that happen.
As for Veleno, he’s on the move for the second time in a matter of months. The 25-year-old spent parts of five seasons with Detroit after being a late first-round pick by the Red Wings back in 2018 but he was moved to the Blackhawks at the trade deadline in exchange for goaltender Petr Mrazek.
This past season, Veleno played in 74 games between the two teams, notching eight goals and nine assists in a little over 12 minutes per night of playing time. It was the first time in three years that he failed to reach the 20-point mark with his career high in that regard coming in 2023-24 when he had 28. While he was a productive scorer at the junior level, Veleno has been more of a checker at the professional ranks.
Veleno has one year left on his contract at a $2.275MM cap charge and joins a center group that is starting to become a bit crowded. They already have Matty Beniers, Chandler Stephenson, and Shane Wright down the middle while Jared McCann, a natural center, is already on the wing. Top prospect Berkly Catton is expected to push for a roster spot in training camp as well. While the Kraken solved one logjam by moving out Burakovsky following the recent acquisition of Mason Marchment, they’ve created another with this move.
Speculatively, Seattle has a relatively easy way to solve it. If they’re primarily looking for cap flexibility and can’t move Veleno in the coming days, he could become a buyout candidate. Since he’s still 25, the cost of buying out that final year would only be one-third, not the standard two-thirds. That would cost the Kraken a cap charge of $795.8K next season and $295.8K in 2026-27, allowing them to effectively remove the majority of Burakovsky’s $5.5MM cost from their books. Alternatively, they could give Veleno a chance to lock down the center spot on the fourth line as he has shown himself to be useful in that role for several years now and see what happens from there. Either way, their early offseason shakeup continues.
Photos courtesy of Walter Tychnowicz (Burakovsky) and David Banks (Veleno)-Imagn Images.
