He had six goals and 14 assists with a minus-9 defensive rating over 79 games with the Oilers last season.
The positive: Neal has averaged 29 goals per 82 games over an 11-year career. In 114 career playoff games, Lucic has 28 goals and 70 points. After beginning his time in Edmonton - and the regrettable seven-year, $42-million pact he signed in July 2016 - with a decent 23-goal, 50-point effort, Lucic took a step back in 2017-18, producing only 10 goals and 34 points, and followed that up with this past season's poor output.
Edmonton will retain 12.5 percent of Lucic's remaining contract.
Neal, who turns 32 in September, was a disappointment in his first season in Calgary after signing a five-year contract worth $5.75 million per season last summer.
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Beyond an equitable financial agreement, Holland said the basis for the trade was that he and Flames GM Brad Treliving agreed that a fresh start could benefit each player and each team.
Assuming the Oilers are confident enough that last season was nothing more than a blip and the veteran can regain his form, Neal does, however, become a prime candidate to play alongside in Edmonton's top six, quite possibly alongside one or both of Connor McDavid and Leon Draisaitl. "So, there will be lots of opportunity". Neal's production has also fallen off a cliff.
In so doing, Holland did not flinch and the Oilers made just the third trade involving players between the Battle of Alberta rivals since Edmonton joined the National Hockey League for the 1979-80 season.
This deal is ultimately a swap of forwards with bad contracts in need of a change of scenery.