What is the upside for the Nashville Predators should Darcy Hordichuk not sign with the Hurricanes by July 1?

Question

The Nashville Predators traded Hordichuk today to the Carolina Hurricanes. If the player signs by July 1st, the Predators recieve a 2009 5th round pick. If the player does not sign by the 1st, the Predators must give a 2010 5th round pick to the Hurricanes. Why risk losing a 5th round pick in 2010, what's the upside for the Predators?

Answer 1

if your statement is true there is no up-side. maybe the hurricanes have to give the predators their 5th round

Answer 2

Y0u have misinterpreted

The Nashville Predators have received Carolina's 5th round pick in 2009 regardless.

To get that, they did the following

1) They traded the negotiation rights to Darcy Hordichuk.  

2) If Hordichuk chooses not to sign with Carolina,  Carolina gets Nashville's 5th round pick in 2010 instead

so, one of the following deals happened

a) Carolina traded their 5th round pick in 2009 for Darcy Hordichuk

OR

b) Carolina traded their 5th round pick in 2009 for Nashville's 5th round pick in 2010 (will only happen if Hordichuk signs anywhere else but Carolina)

Either way, Nashville now owns carolina's 5th round pick in 2009

http://predators.nhl.com/team/app/?servi...