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Canes trade Cole to Edmonton

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In one of the least surprising trades in recent memory, the Hurricanes have traded Erik Cole to Edmonton for defenseman Joni Pitkanen.

The Canes hope Pitkanen, a 24-year-old restricted free agent, will give them another puck-moving defenseman and were willing to move a forward to get that player.

Cole, in the final year of his contract, was the most expendable -- and marketable -- of Carolina's forwards, but his departure deprives the Canes of his unique set of skills.

More to come later.

UPDATE, 6:52 p.m.: An emotional Cole was playing golf with Justin Williams when Mike Commodore called to tell him his parents had a room to rent in Edmonton. Then he saw a missed call on his phone from the RBC Center. Just like that, he was gone.

“The friendships and everything make this tough,” Cole said. “The good news is it’s during the summer, so we have some time. If this were midseason, I’d be packing my bags and catching a flight. At least we can take our time and talk about everything.”

Cole and his wife are upstate New York natives, so there's going to be some culture shock involved with the move to Edmonton, although Cole quickly found a bright spot.

“It’s going to be a great opportunity for me and my career,” Cole said. “It will give my family a different look at winter. We come from cold-weather places and we’ve wished we could go home for one or two days at Christmas and let our kids experience snow. I’m excited about that.”

As for the trade in general, Hurricanes GM Jim Rutherford said getting Pitkanen was worth the cost in losing Cole, who has one year left on his contract at $4 million.

“We had a good team that missed the playoffs and shouldn’t have,” Rutherford said. “We needed to change our defense. Now we’ve done that. We think it will work. We hope it will work. … I feel pretty good about the changes that we’ve made. Unfortunately, we had to let a good player go.”

For his part, Pitkanen is excited about the change.

“It was very exciting to find out I was headed to Carolina,” Pitkanen said. “I’m pretty happy. I remember playing against them when I was in the east with the Flyers and I always liked the Hurricanes and how they played.”

Edmonton GM Kevin Lowe on Cole: "He has a big body, he skates well, he will fit into our team scheme — and it's important when we make deals for guys that there can be good chemistry. We have a good corps here and we want to make sure we do the right thing. We hope we've achieved that.

"The fact that he's in the last year of his contract is not a bad thing. Quite often players are highly motivated. This just gives us a year to look at him and certainly we'll have all the resources to sign him if he does have a good year but that's quite a ways down the road."

More from Cole...

On the trade rumors: “I give Kevin Lowe a lot of credit,” Cole said. “He knew Rutherford was interested in Pitkanen so he went out and got him. A year later, he’s getting the guy he wanted.”

On his memories of playing in Carolina: “That entire ‘02 Cup run will stick with me. How can it not?” Cole said. “That was the first building block for everything here. It really started to show how exciting it can be here when the team is winning and playing well.”

On going to the Oilers: “I don’t plan on showing up the first day with my Stanley Cup ring on, I can tell you that,” Cole said.

More from Pitkanen...

On being involved in trade rumors: “I know there’s a lot of talk and that stuff, and that’s OK,” Pitkanen said. “I know this is how things work. There’s not a lot you can do.”

On how long it took him to hear from friend Tuomo Ruutu: “About 40 minutes. Not even — more like 20 or 30.”

More from Rutherford...

On the deal: "We appreciate and we thank Erik for what he’s done from a playing point of view and what he’s done in the community. At the same time we have to change our team. We set out to change the makeup of our defense and this trade is going to dramatically change our defense."

 

On contract negotiations with Pitkanen, a restricted free agent: "I think the negotiation will get a lot more serious later today or tonight or tomorrow. We’ll work hard to get a contract done as soon as we can."

 

On his conversation with Pitkanen: "He’s very excited about it. When we were doing our homework on him over the last couple of months one of the things come up about a week ago was he was friends with Ruutu. We did not know that, but when i talked to him it was one of the first things he said."

"We wanted to make our defense bigger and younger and more mobile. If you go back to the defense we started last season with and the one that we’ll start this season with, it’s going to be dramatically different."

 

On his conversation with Cole: "He was certainly very disappointed and set back. We said what we should have said to each other and I’m sure we’ll have future conversations when the emotion dies down, but it was a tough call to make."

 

On Cole: "He’s been a really good player for us, a power forward who gave us great speed. He could open the game up with one of his rushes and he’s just been a good player."

On Carolina's interest in Pitkanen: "Really over the last year we watched him a lot closer knowing there may be the possibility of a trade. I know people have different opinions of him, maybe that he’s underachieved a little bit at times, but when you’re picked in the top four or five of the NHL draft there are very high expectations. Aside from the high expectations, I’m not sure he’s underachieved a lot.

"He’s not going to be 25 until September. That’s really at the age these defensemen should mature into the players they’re going to be. Going into this year we’ll have three first-round pick defensemen selected by other teams that are just coming to the age of their maturity when they should come into their prime. That’s Babchuk, Pitkanen and Gleason. …

"(Pitkanen) can really skate. He can handle the puck, he can pass the puck. he’s good on the point on the power play. It’s going to take pressure off him and (Joe) Corvo because we have two guys who can play the point on the power play. He can play a lot of minutes. He’s big. He takes up a lot of space. He does a lot of things. With the situation we were in with Glen Wesley and Hedican moving on this year, it was important to get a top guy like him."

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Thanks

Luke- thanks for the updates! appreciate it!!!
It's certainly going to be different going to a game and not seeing #26-- I found Erik one of the most entertaining players to watch-- wonder if anyone else feels this way

Trades happen. It's part of

Trades happen. It's part of the business of sports. The Canes needed dramatic changes to the defense and this is the price we have to pay. Cole was a warrior overall and a great character guy. But changes have to be made.
I bought season tix after the Cup win and haven't seen the playoffs two straight years. I almost gave them up this past season with Erik Cole on the roster. As much I love Cole and hate to see him go, I'd prefer to see the Canes in the postseason.
You've got to pay to play and this move is part of that price.

Good move.....GREAT MOVE!!!!

I wanted (yes WANTED) Erik Cole to be traded so badly, and it has finally happened. Happy Day in Carolina. Won't get into my personal feelings of the trade (it's GREAT!) but I'll say it like this. I defenseman like Joni Pitkanen is a hot commodity in this league. JR knew that, JR knew he could get him, BUT JR also knew he had to free up the cap space, because of the yanno "self imposed salary cap". He freed up 4 million dollars losing Cole....Pitkanen will probably sign for about that.

It was about team NEEDS. In my opinion, Cole is damaged goods, end of story. The team NEEDED Pitkanen, they didn't NEED Cole anymore. Williams is much more valuable in the long term than Cole was. And for those of you who tell me not to start with the Ruutu comparisons to Cole...I have $100 cash that says he beats Cole's totals from last year, costing the team half as much.

Stop whinning

Bye bye to all the farewell-fan season ticket holders. Players come and go, it is just the way things work. The Canes have missed the playoffs for the past two seasons and that is not acceptable. Changes must be made. This is a business and you are a customer. You have every right to take your business else where.

Hate it

I am going to hate telling my two sons about this one tomorrow morning.

Streit

Another thing. Why a trade on the first day of free agency? Is there another deal involving these players? No one makes deals on the first day of free agency. That is what last week was for. While JR was on phone, he completely missed on Mark Streit, a standout defencemen (also can play up front and had a rifle shot from the point) who would have been an excellent free agent pickup, and not cost us Colesy. This way we would have been set to have another playoff run this year, and not in 2033. Streit goes to the Isles. Perfect.
What's the point in writing this? JR goes to bed at 5pm anyway.

Bad trade

  • Bad trade. You can sit back and try and rationalize it all you want, but what is not easily transparent is the chemistry a player brings to a team. Knowledgeable hockey fans know that trades based on numbers and potential should be reserved for fantasy hockey teams. We were lucky enough to have a player actually live here year round. That says a lot.
  • Cole offered so many things for this franchise. Lowe is a character guy and a winner. He knows exactly what value Cole brings to his team. He is laughing his head off right now.
  • There were other 'Cane forwards, who have not sacrificed anywhere as close to Cole, who could have been excellent trade bait. No one on the team can fulfill the role Cole is vacating. For the Ruutu fans, wait a few years before hinting at comparisons.
  • The trade ends the Stanley Cup 2002 and 2006 teams. The East teams, especially Montreal, now will be enjoying themselves with the Hurricanes. It won't be pretty. As soon as Staal is an UFA, he will sign elsewhere. I can see him wearing the Maple Leafs jersey in a few years. Fans, we are in for another 25 years before we can ever sniff a championship run again, at best. This team is openly boring and going nowhere in a hurry.
  • Again, you don't win titles or make runs at cups based on numbers, you do it with character guys who will do everything to win. Look at the team now and ask yourself who left is like that? Brind'Amour. That's it. It sure isn't "Boitano" Whitney. Thanks JR.
  • Colesy, good luck in the coldest hockey city in the NHL. You will be missed.

Thank you

Chris, well said...This is going to come back and haunt us, unless.....they sign him next year as a unrestricted free agent, but your right thats the way to keep staal here is cole.  Roommates, friends and the best for each other on the ice.  Watchclosely at Staal #'s this year, see what happens when they double down low on him.  Big fan of Carolina, but a big dissapointed fan now, Wife and I planned a trip for our family to come down from Oswego NY, this coming up year to watch a game, well needless to say we canceled all our plans....

Bad Choice

I am not happy with Rutherford and the decisions. There are players important to the franchise not signed (Chad). And there are decisions made that are poor (trading Cole). At least Bayda, Brookbank and Conboy were signed-- we would have made the playoffs if they had been included. . . I may not be a season ticket holder if Rutherford continues . . . very upset am I. . .

I am disappointed with the

I am disappointed with the management team. We lost Cole, we have not signed Chad. . . what about Keith Acouin--
Babchuck is not a team player and is not worth the price paid. Rutherford -- are you listening, because I am a season ticket holder wondering why I bother. . . I may not be back next year.

We'll miss you Cole

I definitely will miss Cole. Many memories indeed. This was a trade I figured was coming. Each year at this time, I make a list of players I think we should get. Pitkanen was on my list so I'm pretty happy about it I guess.

Sad Day

I agree with a lot of the comments here. I just had to write, as a fan of this team for over 20 years, that this hurts as much as when Ronnie Francis and Kevin Dineen were traded the first time. Erik Cole played the game I love to see it played - with heart and fire. He was an inspiration to watch. I acknowledge that he may not have come all the way back from the neck injury, but I thought his contributions went far beyond the scoreboard. I will miss seeing him in a Canes uniform. And if Rutherford even considers signing Orpik, I will lose it.

grrrr

I blame brooks orpik, colesy just hasnt been the same since then--i'm planning on booing oprik even louder the next time he's in town

knew it was coming but....

Knew it was coming but I am still thinking about all the years with Cole here. Going back to his rookie camp where he blew away everyone with speed and effort to watching him being helped from the ice in the Burg. He is a fan favorite but I guess it is time to move on. Need some D-guys and need to get the puck up the ice quicker. Hope we got that. I think we will be OK. For Mr. Cole, it has been real and appreciate your citizenship in the Triangle. Good luck in the Great White North. Who is now going to do the click it or tick it ads?   :-)

BIG COLE FAN

As a fan of the organization for 25 years not many players with skills like his have come along this way. I understand the move, I understand unrealized potential, for reasons out of his control, but from his first game in 2001 flying around defensemen you knew he was a special player that gave his all to the organization. Lets not forget a HUGE goal scored in the miracle at Molson, a game I had the pleasure of attending. Watching him come back in 2006, live at game 7 showed what he is all about. Good luck Eric you are missed already.

Great move Canes!

Cole had talent as we all know but he NEVER used it to his full potential. He was inconsistent and streaky. Sometimes he would play the body and sometimes you wondered where is Cole. A true power forward throws his weight around, and we all know he did not always do this. He was a soft player and another spoiled millionaire who played hard when he wanted to!

wow, i couldnt disagree

wow, i couldnt disagree more...

?

I just don't understand why Rutherford didn't do this trade before today and sign Pitkanen rather than risk having to face offer sheets from other teams. I mean I wouldnt even put it past Lowe to trade Pitkanen for Cole, and then right away send Pitkanen an offer sheet just to piss JR off.

Trade and RFA Status

Like many, Cole was my favorite player too. The guy played an exciting brand of fast, physical hockey that was fun to watch. But, as some of you have said, you have to give something to get something. If this trade would have happened this time last year, I probably would have been pretty furious. Fortunately, we now have a guy in Tuomo Ruutu who plays a similar style, and is probably even more physical. Regardless, I will never forget watching Erik totally abuse Scott Stevens in the '04 playoffs in route to the cup finals.

As far as Pitkanen goes, I am sure he will develop into a great asset for us. Probably the most unfortunate thing is that he won't have the veteran leadership in Glen Wesley and Bret Hedican to assist in that development. I'm not worried about the return on this trade because I am confident that Pitkanen will develop into a gem. He is a great character guy and is now surrounded by the great character locker room in Carolina.

For those that have expressed concern regarding the RFA status, I am totally with you! Does anyone remember the whole Danny Markov issue a few years back? We trade for the guy as an RFA, he puts up roadblocks, we are forced to go out and sign Tverdovsky and blow the budget, and then Markov signs anyway. In the end it worked out because we got Williams out of the Markov trade, but don't think for a second that we are out of the woods as far as contract negotiations are concerned. Pitkanen is probably going to want in the neighborhood of $3.5 to $4 million a year. Hopefully JR learned his lesson and is prepared to get this deal done. I predict 3 years, $11.5 million.

canes in '04 Cup finals?

Are you mixed up or has my Canes memory totally failed me? Remember Erik in the '04 playoffs?? I can't even remember a single Cane in the '04 playoffs - thought we missed that year.

for the record...

Markov and Tverdovsky were two separate issues.

The Markov contract mess was the summer of 2003. The trade was made the same weekend the Canes drafted Eric Staal.

The Tverdovsky signing, after all the other free-agent defensemen went beyond Carolina's budget, was the post-lockout summer of 2005.

Correction....

You're right.  I had Tverdovsky (who we tried in vain to sign in 2003) and Bob Boughner mixed up.  We traded for Markov, he demanded more than we offered and threatened to play in Russia.  Rutherford went out and acquired Bob Boughner (who I believe was making $2million/yr at the time) as insurance.  We ended up signing Markov soon thereafter, and were overbudget on defense.

Stillman

Stillman just signed with Florida! 3 years, $10.6 million.

now he can get revenge on

now he can get revenge on former teams carolina and tampa

Trade

Hope this works - we surely need help on D and have a lot of skilled forwards. However, I was really hoping we could get a better defenseman than Pitkanen. I'll keep an open mine and wish him the best, but somehow I suspect he's more of an Ozolinsh/ Teverdovsky type than a Corvo type. They also may need to swap forwards with someone - don't really see much in the way of a power forward on the top 3 lines now.

Best Wishes Erik!

Rumors aside, it's sad to know they've come true. Colesy has been such a fan favorite and is going to be missed by all Caniacs. Wishing him and his family all the best in Edmonton and hoping this won't be the last we see of Erik in Canes Red. Pitkanen will have his work cut out, to meet expectations in Carolina and to help ease the pain of losing Cole. Hope you played this one right, JR.

Thanks Wallin and your -18 - You cost us Cole.

Last year we could of have Pitaken for Wallin . But Mr. -18 said no he wanted to stay in Raleigh. Good decision Nikki - you would have been run out of Philly. I hope we see something better this year . Number 26 had alot of heart . That was pathetic last year !

Re-signing UFAs...

I don't expect to see Cole back once he is a UFA.

If that was the case, we would have seen Commodore back as well. He's not the greatest defenseman, but he has playoff/Cup experience, fan favorite, and he could also have "potential" in his future game. He's only 4 years older than Pitkanen, and most defensemen get better with age.

Commie

Did I miss something?  Commodore hasn't signed anywhere yet, has he?  (3:40pm July 1).  Who's to say?  It's still early.

commodore is in columbus now

commodore is in columbus now

JR can do better than Commie

JR can do better than Commie for that $$$.

Necessary move ...

I am in agreement, this does not come as a surprise, maybe it shouldn't be too surprising if we see him back ala Matt Cullin. Good Luck Eric.

Farewell, Erik

I have Erik's name on my sweater, so I'll miss him here in Carolina - but I understand the need for this trade. I just hope Pitkanen will measure up favorably.

ARRRRRRRRGGGGGGHHHH

I'm still going to boo Brooks Orpik.

Better Not Do That

And what happens if we sign Orpik?  Stranger things have happened.  I'd sign him in a minute.  He had a much better year last year.

pfft

Prickly Pete is too cheap to shell out the bucks for Orpik. (who I still hate)

This is a good trade

As much as Canes fans, myself included, will miss Cole, this is a good mover for the team. Our D is terrible and is the primary reason we missed the playoffs two years running. Pitkanen has the potential, potential being the key word here, to be a huge addition.

Cole is a UFA after this year. It is unlikely he will resign in Edmonton. Depending on the kind of year he, and the Canes have, maybe a return is not inconceivable.

Regardless, I for one will always remember his early comeback from the neck injury in Game 6. And although that game didn’t go as planned, it was something to see him come out and play so soon after his injury and the subsequent surgery.

Cole trade

This trade makes me nervous. Erik hasn't always been my favorite player - I think he tends to take shifts off at times and isn't always real defensively responsible, but I do think he's a pretty "known" commodity and is probably right on the brink of getting back to his pre-neck injury form.

Pitkanen is another one of those guys with "potential", that no one seems to be able to get out of him. Plus, he's still gotta be signed? How can you trade Cole and risk ending up with nothing in return? Scary to me! Hope JR has a real high comfort level that they can get this guy signed. Only time will tell if he can fulfill his "potential".

Trading for an RFA

I have to believe that JR has plenty of confidence that he can get Pitkanen done.  He wouldn't have done the trade without that.  1 of 4 things can happen, as I understand it:

1. JR signs him

2. JR matches an offer sheet

3. JR loses him to an offer sheet, which in this case will bring some pretty decent draft choices back in compensation

 4. Arbitration and JR gets his guy at the 'market rate' as set by the arbitration

 

I don't understand the knock on Pitkanen at this point.  He scored 40+ pts in just over 50 games with a plus rating as a rookie, about the same amount of points in more games with a big Minus for a horrible PHI team the next year, and last year, Edmonton had so many problems (not least of which was Sheldon Souray's health) I'm not sure you knock Pitkanen.  He's still young, plenty of upside, and he'll be playing in a system that should move those numbers up in a big way (see Corvo post-trade, and Samsonov last year).

 

Great Move

Look, JR is trying to get this Defensive core younger and he has done that. Cole has not been the same since the injury and how many times do we get nervous when he is near the wall or gets crashed into the net? Now that fear is gone. The Canes need to get the puck out of the net. Corvo and Pitkanen will be a strong duo to replace Hedican and Wesley. How has Pitkanen been a disappointment? He had 46 points in his sophomore season with the Flyers and 43 in his third year. Last year there were some issues but Edmonton had problems all around. He'll be better and a faster skating team.

Hero Forever- Erik Cole

Who will ever forget Erik's return to the ice in that blue jersey after months of rehabbing after Orpik broke his neck? Or the times they showed him on the Jumbotron in full neckbrace and the place went nuts? or his ultimate triumph returning for Game 6 in EDM and drawing both penalties that lead to goals in game 7???

God Bless you Erik. Best of Luck in EDM. They are lucky to have you.

You are making this guy out

You are making this guy out to be a hero. It was very unfortunate what happened to him with the hit, but keep in mind injuries are part of the game. Erik never lived up to his potential as he played hard when he wanted to. He did NOT give it his all on every shift. For a supposed power forward  that he is labeled, he needs to speak to or look at the tapes of some of the past GREATS( Clark Gillies, Cam Neely)!

wrong

You are such an ignorant fool.  He was an absolute hero for this franchise, Molson miracle ring a bell, two penalty's game 7 of the finals, gave everything he had, and more, always stuck up for teammates....nice comments, what games have you been watching?

Erik Cole

I'm emotional but resigned to the fact that this day was coming. I even dreamt about it last night - that I'd wake up and it would be announced we traded EC.

I have faith in our GM and I know this was a hard one. I will always be an Erik Cole fan- will thank him til the end of time for representing the Triangle the way he has, for always putting a good word in on the fans of this area, and all he has done in this community and his unbelieveable fan friendliness.

Best of luck Erik and the Cole family. You all will be missed around here!

Good Luck, Erik!

You will definitely be missed in Carolina. I wish you all the best in "Oiler Country."

Cole

I guess what had to be done had to be done. I'm gonna miss seeing you in Canes Red, Erik!!!

Very good decision, JR

Aside from Cole's inspirational return during the run for the cup, he has been the epitome of a slacker. If you watch the game, and I mean really watch the game, he cuts every corner possible. He drifts in the zone, doesn't rush the net for rebounds, and gives up whenever he's faced with a tough situation. Unless Cole saw an opportunity to capitalize on a play, he'd shift into neutral and save his energy. His opportunistic style of play may translate into decent G/A/P, but it doesn't inspire the team, or the crowd. I think over the past couple yrs (06-07 and first half of 07-08), Stall had begun to adopt Cole's same approach. When Brindi got hurt, this snapped Stall back to life. I wish Cole the best of luck, but the Canes will be better off without him. Aggressive leadership is a must!

out of your mind

out of your mind

Absolutely! You nailed it on

Absolutely! You nailed it on the head. Seldom did he ever charge the net. He was afraid to take a hit! He never did sacrifice for the team!

so r u 2, both of you, never

so r u 2, both of you, never sacrificed for the team, blah....Staal Voros hit, countless othe times would step in, idiots

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About the blogger

Luke has worked for The N&O since 2000. He covered the Carolina Hurricanes and the NHL before becoming a sports columnist in August 2008. A native of Evanston, Ill., he graduated from the University of Pennsylvania. He can be reached at (919) 829-8947, @LukeDeCock on Twitter or luke.decock@newsobserver.com.
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