Mar 1, 2014; Philadelphia, PA, USA; New York Rangers right wing Ryan Callahan (24) against the Philadelphia Flyers during the first period at Wells Fargo Center. Mandatory Credit: Eric Hartline-USA TODAY Sports

NHL Trade: New York Rangers trade Ryan Callahan to Tampa Bay Lightning for Martin St. Louis

The NHL trade deadline is just hours away and the biggest trade of the period has just happened. After hours of waiting for confirmation, word has come down that the New York Rangers have acquired Martin St. Louis from the Tampa Bay Lightning in exchange for Ryan Callahan and draft picks.

Callahan will be heading to Tampa Bay along with a 2015 first and 2014 second round pick while St. Louis is heading to New York all on his lonesome unless Callahan re-signs with the Lighting. If Callahan re-signs, the Rangers will get a 2015 second round pick in exchange for a 2015 seventh round.

If the Rangers get to the Conference Finals this year, that 2014 second round pick turns into a 2014 first-round pick and essentially means St. Louis was traded for two first-round picks.

The deal is massive for the Rangers as it would continue to load them up for a postseason run and it would dump Callahan elsewhere after questions arose about his future with the team. It’s a win-win it seems as the Lightning seem similarly eager to get rid of St. Louis and appear to have found a taker in the Rangers.

Tags: New York Rangers Tampa Bay Lightning

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