Hockey Rumor Buzz Volume 7: Islanders, Coyotes Involved in Blockbuster

Hockey Rumor MillContributor IJuly 8, 2009

SAN JOSE, CA - MARCH 28:  Ed Jovanovski #55 of the Phoenix Coyotes skates against the San Jose Sharks during an NHL game on March 28, 2009 at HP Pavilion at San Jose in San Jose, California.  (Photo by Jed Jacobsohn/Getty Images)

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The New York Islanders, who are coming off a very successful draft, are still looking to improve their defensive corps.

The Phoenix Coyotes are in even worse financial trouble, then the above mentioned Islanders, are trying to unload some of their higher priced contracts, with the exception of Shane Doan.

One of our hockey insiders, who has asked us to keep his identity a secret, has informed Hockey Rumor Buzz that a major trade is coming between the Coyotes and Islanders, and involves Ed Jovanovski.

"Jovo" as he is known in Phoenix has two years remaining on his contract that will pay him $6.5 million in each season. The Coyotes are looking to get out of it.

Meanwhile, the Islanders who, have a relatively inexperienced defense, are not only looking to get a little older, but want to add some toughness as well.

By making this trade they will be adding one of the better shots from the point in the entire league, and when you couple that with Mark Streit, it makes for a deadly point combination.

The source has only confirmed Jovanovski is part of the deal, but it's widely believed that the Islanders will be parting with Andy Sutton to acquire him. Sutton only has one year remaining at $3 million and the Coyotes will not only be saving themselves $3.5 million, but they will also be cutting a season too.

It's a win-win for both teams!

Jovanovski to Islanders HRB Rating: 4


By Leopold

Hockey Rumor Buzz Correspondent