The Washington Capitals have acquired forward from the Los Angeles Kings in exchange for a 2019 third-round draft pick and a 2020 conditional sixth-round draft pick.
The Kings will retain 50 per cent of Hagelin’s salary and cap hit with the Penguins having already retained $250,000 of Hagelin’s salary in the Pearson trade, Hagelin with a $1.875 million cap hit on the Capitals.
The condition on the sixth-round pick is the Caps must win two rounds of the playoffs and Hagelin must play in 50 per cent or more of any two rounds combined. If that doesn’t happen, the Kings won’t get the sixth-round pick.
The 30-year-old has two goals and eight points while playing 38 games between the two teams this season.
He was originally drafted by the New York Rangers in the sixth round (168th overall) of the 2007 NHL Draft. In 526 games with the Rangers, Anaheim Ducks, Penguins and Kings, he has 90 goals and 230 points.