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Update: Multiple media sources are reporting that Milan Lucic has been traded to the Calgary Flames from the Edmonton Oilers. Here’s a post I wrote on Thursday, outlining the arguments that a new team would want to acquire Lucic. If any Flames fans are feeling glum right now, perhaps this article will cheer them up.

There’s been no end of smoke for two summers about the Edmonton Oilers maybe moving out Milan Lucic in a trade. Maybe this week there will finally be some fire.

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The main things holding up such a move are that Lucic, 31, has a No Movement Clause, so he must agree to any trade, and he’s also got four years left on a deal that pays him $6.0 million per year. This is obviously a lot of money for a player who scored just six goals in 79 games last year.

Nonetheless, it should not be impossible for the Oilers to move out Lucic, especially now that July 17th has passed and his $3 million signing bonus for the coming year has reportedly been paid. There’s one less reason now for another club to turn down a trade.