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Here’s part of the reason why the Wild didn’t trade Zach Parise to the Islanders

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Interesting stuff.

Minnesota Wild v New Jersey Devils Photo by Bruce Bennett/Getty Images

People will be talking about the Minnesota Wild’s failed attempt to trade Zach Parise for a while. Both Parise and New York Islanders forward Andrew Ladd chose to waive their no-move clauses, and it seemed like a deal was imminent. However, the trade never ended up materializing, leaving many Wild fans scratching their heads. What caused the deal to fall through?

In his latest 31 Thoughts column, Sportsnet’s Elliotte Friedman cleared the air a little bit regarding the trade that never was. There are still some details we might not ever learn about, but for now, it does appear that money played a significant factor in Parise not being moved to New York.

This move was on the table last summer, but then-Wild GM Paul Fenton rejected the idea. Both sides revisited it over the past few weeks, but the issue was money. Parise has $37 million in cap room to go after this season, although only $19 million is cash. Ladd has $16.5 million in cap room, $12 million in cash ($9 million of it is signing bonuses; Parise has no more).

There were all sorts of issues to consider on keeping money, sweeteners to do so, etc. (There were rumblings Kieffer Bellows was going to be in the deal, for example.) People were concerned about Lou Lamoriello’s reaction if it got out prematurely. For very legitimate reasons, Minnesota was concerned about cap-recapture issues if Parise retired early — although I’m sure the Minnesota native would be amenable to solutions. It’s not an easy deal to make, and who knows where it goes from here.

Friedman also mentioned in his column that the Islanders had some interest in Wild captain Mikko Koivu, but as The Athletic’s Michael Russo reported on Saturday, the soon-to-be 37-year-old opted not to waive his no-move clause ahead of the trade deadline. In all likelihood, Koivu will finish his career with the Wild.

It will be interesting to see if Parise remains on the Wild come the start of the 2020-21 season. This is the second time (that we know of) that the Wild have tried to move Parise elsewhere, which is reminiscent of how things unfolded for Jason Zucker before he was traded to the Pittsburgh Penguins earlier this month.

The Wild are expected to make some potentially significant changes this offseason, and at this point, it wouldn’t be totally surprising if one of those changes involves the movement of Parise.