The Penguins announced the deal Friday night during their 6-1 victory at Carolina, with Pittsburgh general manager Jim Rutherford calling it "the most complex trade I've made" because of salary cap issues and the involvement of a third team.
Ottawa acquired goaltending prospect Filip Gustavsson, defenceman Ian Cole, a 2018 first-round draft pick and a 2019 third-rounder from the Pittsburgh Penguins on Friday in a three-team deal also involving the Vegas Golden Knights.
According to Darren Dreger, the deal would be for a first-round pick, goaltender Filip Gustavsson, and other pieces. However, Vegas would end up getting involved, with the expansion club sending Tobias Lindberg to the Penguins and reportedly agreeing to retain 40 percent of Brassard's salary this season - a 2018 fourth-round pick and Ryan Reaves now belongs to Vegas.
Vegas essentially acted as the middle-man in the deal, retaining $2 million of Brassard's contract in exchange for Reaves and the draft pick.
Rutherford said when he had been asked previously about acquiring Brassard, "the answer's always been, 'No, ' because we really didn't think we could figure out how to fit him under the cap". In his two seasons with the Sens, he has played in 139 games, scoring 32 goals and tallying 45 assists for 77 points.
Though the 30-year-old often centered the second line for Ottawa this season, he'll likely see himself slide to a bottom-six forward role with Pittsburgh, given Sidney Crosby and Evgeni Malkin occupy the center on the top two lines.
Cole, 29, has recorded 13 points (three goals and 10 assists) and 52 penalty minutes in 47 games with the Penguins this season. He missed one game earlier this month with an undisclosed injury.
The Penguins fill the biggest need on their roster and are once again looking like a favourite for the Stanley Cup.
The 19-year-old Gustavsson plays for Lulea in the Swedish league.