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Breaking: Habs trade Plekanec to division rival

Wow! Who saw this move coming!? Crazy!

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In a shocking development, the Montreal Canadiens have traded forward Tomas Plekanec to the Toronto Maple Leafs in exchange for a package of picks and prospects.

More on this deal to come.

UPDATE:

According to a report from TSN's Pierre LeBrun, the Habs have retained 50% of Plekanec's salary in the trade:

LeBrun is also reporting this morning that there were three teams in the running for Plekanec's services, but that the Leafs ultimately stepped up to pay the price:

The 35-year-old center who has played his entire career with the Habs' organization has just six goals and 24 points this season, but was a perennial 15-25 goal scorer for years in the NHL. He's just two seasons removed from a 54 point performance and could find himself reinvigorated playing for a young, fast and uptempo Leafs squad. 

As for the return, the Habs acquire two mid-level prospects in Kerby Rychel and Rinat Valiev.

The 23-year-old Rychel was acquired by the Leafs from the Columbus Blue Jackets in exchange for defenseman Scott Harrington back in the summer of 2016. Since then, Rychel has played a season and a half for the Leafs' farm team the Toronto Marlies, but has yet to earn himself an NHL callup. The former first round pick (19th overall in 2013) has 10 goals and 30 points in 55 games with the Marlies this season. His AHL teammate, Valiev is a prototypical shut-down defender. The 22-year-old Russian has five goals and 15 points in 40 games with the Marlies this season.