Isles Trade Vanek To Habs

Update 3: According to Arthur Staple who mis read a text, both picks in this trade are conditional.  If Montreal doesn't make the playoffs no draft picks change hands.  However, if they make the playoffs the Islanders get a second round pick this year and the Islanders send them a 5th round pick next year.  

So, now there is potential that we traded Thomas Vanek for a middle of the road prospect.  Terrible day for Garth Snow!

Update 2: According to Arthur Staple, the Islanders received a 2nd round pick not a conditional second round pick.  Additionally, if Montreal makes the playoffs the Islanders will send them a 5th round pick.

I don't know how Montreal managed to pull this off but they fleeced Garth Snow, terrible job by the Islanders GM.

2nd rounder from MTL is not conditional. If Canadiens make the playoffs, #Isles send a 5th-round pick back.
— Arthur Staple (@StapeNewsday) March 5, 2014

Update: Reports have surface suggesting the Islanders acquired Sebastian Collberg as the prospect in this deal.  In 40 games in the Swedish Elite League this season Collberg has 9 points.

In the dying minutes of the deadline today the Islanders traded Thomas Vanek and a conditional draft pick to Montreal in exchange for a conditional 2014 2nd round pick and a prospect.

On the surface this appears to be pretty bad for Snow.