Kevin Lowe did a nice job framing the issue of the Dustin Penner offer sheet in the last couple of days. With the difference in draft number between the two clubs just 10 (12 to 22), Lowe was quoted as saying “it’s quite a bit different than the scenario that was painted some months ago where the sky was falling.”
When Dustin Penner was signed to his offer sheet last summer I felt it was a bad bet, and still believe it to be true. On the other hand, getting Dustin Penner for the 12th overall pick, the 42st (about) and 72nd (about) overall picks isn’t bad as a trade as it could have been and is barely criminal when you add in the money spent.
Should Kevin Lowe be gloating? God No. This could have blown up on him all kinds of ways.
Should Oilers fans feel good about the trade overall? Hell if I know, I think you might have been able to sign a better UFA for that money but then again not everyone wants to play here.
Should Kevin Lowe have done it in the first place? My answer is no. Too much risk (a possible lottery selection) for too little return (an NHL player who, while useful, is unlikely to deliver on his contract over the term).