This is an awful trade, something I would expect from Chiarelli.
Holland is on his way to solidifying himself as a bottom 10 GM in the league. With Chiarelli 9/10 moves were a bad move, with Holland its about 1/2, the issue is to win you need a GM who makes the right move 9/10 times running the team. In this day and age you also need good pro scouts and an analytics department supporting a good GM who makes the right move far more often than not... the Oilers have none of this.
This is some background, Duncan Keith is a veteran player, he has a lot of milage, 2 Norris trophies, 3 Stanley cups and a Conn Smythe. None of those accolades are within the last 6 years, and he is about to turn 38 years old. His family is from BC and he has a no movement clause, basically he gets to choose where he goes, and he said he only want to play in Seattle, Vancouver, Edmonton or Calgary because it's close to home. Edmonton was the only team in the running to trade for him out of those 4, Chicago wants to free up cap to go for a #1 defensemen this offseason, Duncan Keith has an awful buyout so they couldn't go that route, the Chicago Blackhawks absolute only option to go forward with their plans was to trade Duncan Keith to the Edmonton Oilers. WE HAD ALL THE LEVERAGE IN THE WORLD.
First I wanted to say a quick thing about advanced analytics, it is an extremely useful tool however its not the end all be all, things Keith provides such as confidence and leadership are very important however not using advanced analytics is just a way of putting yourself at a disadvantage. There is a reason that over the last 2 years specifically, where analytics have become big in hockey, the teams who use them are presidents trophy winners, divisional champions, cup favourites and of course in the Tampa Bay Lightnings case back-to-back cup champions, over the next few years I see this trend continuing at an even stronger level. Meanwhile teams who don't use analytics consistently underachieve or simply are at the bottom of the league because their rosters are bad. I understand that some people aren't a fan of analytics because their old school hockey guys but its completely arrogant to overlook them, just as it is ignorant to think they are the end all be all and numbers on a chart are the only thing that matters. It is a useful tool, an advancement in hockey, and failing to adopt it is putting us behind and making it difficult for us to compete with teams like Tampa Bay, Colorado, Carolina and others who all use them.
Now for the trade in general, let's focus in on Duncan Keith. Analytically, he was one of the worst defensemen in the NHL, his team had better scoring ratios and other statistics when he was sitting on the bench, basically saying that mathematically the Chicago Blackhawks would've had a better season had Keith not played at all. Now the numbers don't lie, I can't simply say thats wrong because it isn't, the Chicago Blackhawks did play better hockey when Duncan Keith was sitting on the bench rather than when he was on the ice. However the context behind that is Chicagos coach has a very poor defensive structure, Keith plays top pairing minutes against tough competition which at his age he is not built for, and he constantly changes line mates among other things. I don't think Keith is a bottom 10 defensemen in the league, however I do believe he is a below average defender at this point in his career and he is only getting worse. We also acquired some prospect in the trade, he's never going to crack an NHL roster, he was just thrown in there as some extra value.
In return we gave up Caleb Jones, who in my eyes is also a below average defender who was only going to get better. I think that Duncan Keith as a player is better than Caleb Jones, and he also has that experience and leadership to guide our team, however in the year 2021 Duncan Keith isn't a huge improvement over Caleb Jones... and on top of that we gave them a 3rd round pick.
This is what makes this trade so bad, in my opinion it makes a top 20 list for worst trades in the last 5 years. The Chicago Blackhawks retained 0 salary and took none of our bad contracts back, which means we are paying Duncan Keith 5.538 million FOR THE NEXT 2 YEARS. HE IS ONLY SLIGHTLY BETTER THAN CALEB JONES AND WE ARE PAYING HIM 4.7 MILLION MORE ON A TEAM THAT ALREADY HAS JAMES NEAL AT 5.75 MILLION AND MIKKO KOSKINEN AT 4.5 MILLION. THATS 16 MILLION DOLLARS IN CAP SPACE, 20% OF OUR CAP SPACE, 1/5 OF THIS TEAMS CAP SPACE TO BUILD OUR ROSTER IS BEING USED ON PRACTICALLY NOTHING. A FIFTH OF IT.
In summary...
The Edmonton Oilers on paper got slightly better and added an experienced cup champion to the team to mentor our boys
We also added on 4.7 million in cap space which could've been used to improve a different part of the team, so if you take back Caleb Jones and 4.7 million we can build a better roster... so basically the Oilers got worse...
We also gave up a 3rd when we don't have much draft capital, 3rd round picks are very useful at the trade deadline to acquire decent depth pieces.
Just for a kicker if the Oilers manage to make the Stanley Cup Final next year the pick becomes a 2nd rounder because why not.
Duncan Keith also has a NMC, which means we have to protect him in the Seattle Expansion Draft, so even with Caleb Jones gone Klefbom is still left exposed (which if okay cause he is far from ready) but now Adam Larsson can't be re-signed ahead of the expansion draft so we risk losing him completely.
If you were wondering what my Keith trade would look like... IT WOULDN'T EXIST. I WOULD'VE SEEN THIS PROPOSAL, LAUGHED IN CHICAGOS FACE AND WALKED AWAY BECAUSE HOLLAND HAD THE OPTION TO DO THAT.
If I HAD to trade for Keith I would say Caleb Jones and a 4th for Keith 50% retained, or nothing for Keiths full contract and Chicago gives me a 2nd round pick to take him because I am doing them a favour.
The most annoying part of this for a young 18 year old such as myself, who wants to see Connor McDavid lift the cup in an Edmonton Oilers jersey is all our old aged media and our old GM say "veteran leadership" over and over again. THIS IS A MASSIVE PRICE TO PAY FOR "VETERAN LEADERSHIP". IT'S IMPORTANT BUT GOOD TEAMS ACQUIRE VETERAN LEADERSHIP FOR LEAGUE MINIMUM DURING FREE AGENCY NOT AT A 5.538 MILLION DOLLAR PRICE TAG AND A LOSS OF ASSETS. If you wanted to pay this much money for veteran leadership then pay it for a guy like Alec Martinez, who is a very good top 4 LD at the age of 34 and is a former 2 time cup champion. Thats what good teams do, they either pay a high price tag like 5.538 million for veteran leadership that is effective and really helps their team win or if they are paying for veteran leadership and not much else they go for guys in free agency at a 700k-1mil price tag.
Not my most professional post, but thats what I have to say about it, awful trade, just as things are looking up this team finds a way to shoot themselves in the foot, I think it will be difficult to build a strong contending roster with this many poor contracts on the team for the next 1-2 years.