The Edmonton Oilers have traded forward Milan Lucic to the Calgary Flames in exchange for forward James Neal, reports Sportsnet's Elliotte Friedman.

Edmonton will retain some of Lucic's salary and include a conditional draft pick, Friedman adds.

Each player has four years remaining on his current deal. Lucic carries an average annual value of $6 million and Neal has a $5.75-million cap hit per season.

The deal offers fresh starts for two veteran talents coming off career-low campaigns. Neal struggled in his first season with the Flames, recording just seven goals and 19 points in 63 games, while Lucic mustered only six goals and 20 points in 79 games with the Oilers.

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