The 29-year-old was second on the Red Wings in scoring with 49 points, which includes 16 goals and 33 assists, ranking behind only Dylan Larkin. He will have to waive his no-trade clause to complete this deal, which he is expected to do to compete in the Stanley Cup Playoffs, the same way Tomas Tatar did last season with the Las Vegas Golden Knights. Tatar is now doing the same this season with the Montreal Canadiens. Nyquist will be an unrestricted free agent this summer, but the Red Wings will retain 30 percent of his salary, which drops the cap hit to $3.325 million.
Per usual with trades around this time of the year, how far the Sharks get in the Stanley Cup Playoffs will depend on the draft picks. If the Sharks reach the Stanley Cup Finals or re-sign Nyquist, the third-round draft pick in 2020 will become the Sharks' second-round pick. The third-round draft pick belongs to the Florida Panthers from the Erik Karlsson deal. After Sunday's victory, San Jose sits in second place in the Pacific Division with a record of 37-18-8 for 82 points. The Sharks trail the first-place Calgary Flames by just three points.