TSN's Bob McKenzie has indicated Brian Campbell will be traded to Florida, and has agreed to waive his no-trade clause.
The Blackhawks will receive winger Rostislav Olesz.
Olesz has three more with a $3.125M cap number, and wasn't much of a factor last year (17 points in 44 NHL games).
Campbell has five more years with a cap number of $7,142,875.
Campbell missed the entire month of October last year, and the wear-and-tear on the rest of the roster - especially on 2010 Norris Trophy-winner Duncan Keith, who averaged almost 30 minutes per night in Campbell's absence - was clear. When he was on the ice, he wasn't the point-producing d-man that Chicago handed over $7 million (27 points in 65 games), but he impacted every aspect of the game.
Not only did he lead the Blackhawks with a plus-28 rating, but he was called for only six total penalty minutes while skating 22:59 per night. He averaged 2:02 per night on the power play for Chicago, and 1:44 per game while the Hawks were short-handed. Despite limited action, he still ranked fourth on the team with 101 blocked shots as well.
Olesz, who suffered a torn ACL, cannot be bought out until he is physically cleared (which will probably be after the buyout deadline). Unless the Hawks bury him in Rockford or overseas, the best they can save against the cap this year is roughly $4M from this deal.
Earlier in the draft, the Hawks made another move that took a member of the Stanley Cup championship roster out of town when they traded power forward Troy Brouwer to the Washington Capitals. Brouwer, who is a restricted free agent, was traded for the 26th overall selection in the Draft.
With the 18th overall selection in the 2011 NHL Entry Draft, the Chicago Blackhawks select center Mark McNeill.
Listed at 6'2 and 210 pounds, McNeill had 32 goals and 49 assists (81 points) in 70 games for the Prince Albert Raiders of the WHL.
On his NHL.com prospect profile, he listed the Blackhawks as his favorite NHL team. He was listed at the 14th overall North American skater by Central Scouting.
With the 26th selection in the 2011 NHL Entry Draft - the pick received from Washington earlier in the night for Brouwer - the Blackhawks select forward Phillip Danault.
Listed at 6'0 and 170 pounds, Danault had 23 goals and 44 assists (67 points) in 64 games.