Ward traded to Carolina for Eaves and a pick; Eaves Immediately Waived

The Bruins today sent veteran defenseman Aaron Ward back to the Carolina Hurricanes, a team he helped to a Stanley Cup win in 2004, in exchange for forward Patrick Eaves and a fourth-round pick in 2010. Eaves was immediately placed on waivers by the Bruins, who intend to buy him out.

This move screams of a salary dump, as moving Ward frees the Bruins of his $2.5 million salary. Buying out Eaves, assuming he isn't claimed on waivers which doesn't seem likely, will cost the B's around $260,000 next year, and will GIVE the Bruins around $41,000 the year after (very confusing salary cap stuff, Fluto explains in the Bruins Blog).

It seems as though Chiarelli asked Ward about the move before making it, as he said he wouldn't have sent him anywhere other than Carolina, where Ward resides. In the "afore-linked" blog, Fluto says Chiarelli said he'd be looking to add a defenseman now, but didn't specify whether it would be through a trade or a signing.

Many things could be going on here, but it's clear that something else is brewing. Freeing up the cap space could be indicative of Chiarelli being prepared to sign Phil Kessel. However, saying he is going to add a defenseman could mean that he is preparing to deal Kessel to another club for a defenseman.

Either way, the other shoe has yet to drop here, so to speak. Ward is in Carolina, Eaves will soon be off the Bruins books, and there will be more moves to make. Expect one of two things to be announced in the coming days:

• 1. Someone else will be moved (Kobasew, Ryder, Bergeron, Savard) and Phil Kessel has been re-signed, either to a one-year deal at a bit less money (probably wouldn't require the above names to be moved) or to a long term deal at an averaged-out contract (would likely require a trade).
• 2. Kessel has been traded to a team willing to give the Bruins a young, impact defenseman in return.
  

Chances are, these are the two options Chiarelli has been weighing, and the trading of Ward to me indicates that he is prepared to pull the trigger on one of the two. It's just speculation on my part and could be completely wrong, but it seems the most likely set of circumstances.

It's too bad to see Ward go, as he was a tremendous veteran presence, had some snarl to his game and was extremely entertaining in his weekly radio appearances on WBCN's Toucher & Rich show. However, he is getting old, and his cap-hit made him a likely target to be dealt. He was a solid, dependable blueliner for the B's, but was among the most sensible candidates to be dealt.

Stay tuned for more announcements, as another move or two can't be all that far away.