2 P.M. UPDATE
The Zach Parise era in Minnesota isn't over, despite a downpour of reports saying a trade between the Wild and New York Islanders was close to getting done Monday.
In the end, there was no deal to be made as the 2 p.m. trade deadline came and went without Minnesota doing anything. Matt Dumba, Jonas Brodin and a bunch of other players whose names were in the rumor mill for weeks all stay put.
TSN's Frank Servalli first reported that the Parise deal was being discussed, adding that part of the package New York planned to send back to Minnesota included 34-year-old left wing Andrew Ladd.
Both Parise and Ladd would've had to waive no-move clauses in their contracts.
Parise has 21 goals and had 16 assists in 61 games with the Wild this season.
Wild GM Bill Guerin will meet with the media at 2:45 p.m. and we'll update the story then.
Just over two hours from the 2 p.m. NHL trade deadline, TSN's Frank Servalli is reporting that the New York Islanders are talking to the Minnesota Wild about a deal that would include Zach Parise.
"Not done yet," is what Servalli tweeted at 11:28 a.m.
Parise has five years remaining on the 13-year contract he signed in 2012. Servalli adds that a deal would include the Islanders sending left wing Andrew Ladd to the Wild.
Ladd is due to make $5.5 million annually through the 2022-23 season, while Parise's annual salary is approximately $7.5 million through the 2024-25 season. But there's also a potential recapture penalty that, as its written now, would cost the Wild a fortune if Parise were to retire for a non-injury reason before his contract is fulfilled.
According to Cap Friendly, that penalty, depending on which year Parise would hypothetically retire, would range from $3.8 million to more than $19 million.
Arthur Staple, who covers the Islanders for The Athletic, reports that Parise has waived his no-move clause and wants to join the Islanders.