It appears that the Detroit Red Wings will in fact be receiving a seventh-round pick in 2014 from the San Jose Sharks. When the Red Wings traded the rights to defenseman Brad Stuart to the Sharks earlier this month, the pick was included in the deal on the condition that Stuart actually ends up signing with the Sharks. Now, according to TSN's Darren Dreger, a deal is complete.
Expect San Jose Sharks to announce an agreement with veteran D-man, Brad Stuart today or tomorrow. 3 year term.— Darren Dreger (@DarrenDreger) June 18, 2012
The only reason the Red Wings traded Stuart in the first place was so he could end up playing closer to home. They wanted to bring him back, but Stuart wanted to play closer to his family out in California. With a deal being complete between Stuart and the Sharks, that will in fact happen, and the Red Wings will in fact get a seventh-round pick in the 2014 NHL Draft.
UPDATE: According to Darren Dreger, Stuart's three-year deal is worth $3.6 million per season.